Business

05 Aug

Walmart and Flipkart to build a strong foundation for MSMEs

Business Correspondent0 CommentsBusiness

Walmart and Flipkart announced the signing of a Memorandum of Understanding (MoU) with the Industries & Commerce and Public Enterprises Department, Government of Assam and Public Health Engineering, Skill, Employment & Entrepreneurship, and Tourism Department, Government of Assam to form an ecosystem which supports and aids the digitization of local MSMEs in the state. MSMEs will benefit from this assistance in digitizing their operations and expanding their reach across India. They can expand their export potential and join the global supply chain of Walmart. Through this partnership with Swasti, Walmart Vriddhi Supplier Development Program offers small businesses and entrepreneurs a…

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05 Aug

ICICI Pru Life’s strong financial performance

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ICICI Prudential Life Insurance has posted a strong financial performance for Q1-FY2023. The VNB for Q1-FY2023 grew by 31.6% year-on-year to 4.71 billion. The VNB margin for Q1-FY2023 stood at 31.0%, up from 28.0% for FY2022. Annualised Premium Equivalent grew by 24.7% year-on-year to 15.20 billion in Q1-FY2023. Annuity APE registered a strong growth of 69.0% year-on-year to 0.98 billion in Q1-FY2023. Protection APE grew by 22.2% year-on-year to 3.30 billion in Q1-FY2023. New Business Sum Assured grew by 24.9% year-on-year to 2.21 trillion in Q1-FY2023. The Company’s market share, based on Total New Business Sum Assured, increased from 13.4%…

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04 Aug

Flipkart signs MoU with Assam Skill Development Mission

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Flipkart, India’s homegrown e-commerce marketplace, has signed an MoU with the Assam Skill Development Mission to provide skill building training in the state through its Supply Chain Operations Academy. The initiative intends to help create a pool of skilled supply chain operations talent and provide relevant industry training and knowledge. This will further help bridge the skill gap and create employment opportunities in the expanding supply chain industry in the country. The MoU was signed between the Flipkart and the Assam Skill Development Mission in the presence of Shri Jayanta Mallabaruah, Hon'ble Minister, Skill Employment and Entrepreneurship Department, Government of…

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04 Aug

Katrina Kaif – new brand ambassador of Emami Mantra Masala

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Emami Agrotech Ltd, the branded food arm of the diversified business conglomerate Emami Group announced Bollywood actor and renowned celebrity, Katrina Kaif as the brand ambassador for its Spice Range, ‘Emami Healthy & Tasty Mantra Masala’. Katrina’s vivacious and pleasant personality image was found to be appealing and the right choice to become the face of ‘Mantra’ spices. Mantra’s collaboration with Katrina Kaif is expected to reach out to audiences across age groups with ever-changing taste preferences across the country. Mantra Masala’s USP is in its rich and pure aroma, colour and taste that comes from the use of the…

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04 Aug

HMD Global launches Nokia 8210 4G

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HMD Global, the home of Nokia phones, announced the launch of the newest member of the Originals family, the Nokia 8210 4G. It also announced the launch of Nokia 110 (2022) with exciting features. Both offer new sleek design and long-lasting battery, with a focus on seamless entertainment and come with 1 year replacement guarantee. Nokia mobiles continue to be number 1 in value in the feature phone segment as per IDC Q1’22 report. Nokia 8210 4G comes with a big 2.8” display, zoomed user interface, in-build MP3 player, wireless and wired FM radio, a camera, a massive battery, improved…

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04 Aug

Shadowfax offers exciting prizes including a Maruti Alto

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Shadowfax Technologies, India’s largest crowdsourced third-party logistics platform for last-mile delivery, is all set to launch its much-awaited Big Money Weekend. The initiative is focused on delivery partners across 25 cities in India. Participating delivery partners stand a chance to win prizes worth 5 lakh, including a television, a refrigerator and a Maruti Alto. It aims to increase engagement with delivery partners, onboard new partners, retain existing partners and lure dormant partners. The three days campaign that will be live from August 5 to 7, 2022, will provide opportunities for delivery executives to maximise their earnings with exciting incentives on…

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04 Aug

Ananya Panday – new brand ambassador of Plum BodyLovin’

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Plum BodyLovin’ – the immensely loved bath & body brand by Plum, has signed Bollywood actor and style icon, Ananya Panday as its brand ambassador. The star will be seen as the face of the brand, promoting its fragrance category – body mists, perfumes & deodorants in a variety of engaging campaigns across media platforms. Plum BodyLovin aims to be the bath & body brand of choice for young India, and the most fun & delightful one at that, with its signature fragrances like Hawaiian Rumba, Vanilla Vibes, Trippin’ Mimosas and Orchid-You-Not. With 25+ fragrance products available in 7 fine…

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04 Aug

Walmart and Flipkart to build a strong foundation for MSMEs

Business Correspondent0 CommentsBusiness

Walmart and Flipkart announced the signing of a Memorandum of Understanding (MoU) with the Industries & Commerce and Public Enterprises Department, Government of Assam and Public Health Engineering, Skill, Employment & Entrepreneurship, and Tourism Department, Government of Assam to form an ecosystem which supports and aids the digitization of local MSMEs in the state. MSMEs will benefit from this assistance in digitizing their operations and expanding their reach across India. They can expand their export potential and join the global supply chain of Walmart. Through this partnership with Swasti, Walmart Vriddhi Supplier Development Program offers small businesses and entrepreneurs a…

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03 Aug

Amazon India strengthens its engagement with the Indian Railways

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Amazon India announced that it has further strengthened its operational engagement with the Indian Railways, with more than 325 inter-city transportation lanes for movement of customer packages. This is 5X increase in railway lanes since it began working with the Indian Railways in 2019, and is one of the enablers for the company to offer 1-day and 2-day delivery promises to customers in the hinterlands of the country. Amazon India now ferries customer packages with the Indian Railways to cities in West Bengal such as Siliguri and Murshidabad among others. Amazon was the first company in the Indian e-commerce space…

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03 Aug

Lenovo unveils its next generation jewel crafted Yoga series

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Lenovo has unveiled its next generation jewel crafted Yoga series; the battle-ready Legion and IdeaPad gaming laptops, in India, empowering consumers to Do More, Their Way. The lineup includes Legion 5i, Legion 5i Pro, Legion Slim 7i and the IdeaPad Gaming 3i along with Yoga 9i, Yoga Slim 7i Pro, and Yoga 7i. All laptops are equipped with 12th generation Intel® Core™ processor, faster graphics, improved battery performance, and sustainable design to further Lenovo's Smarter Innovation for consumers. The new smart AI-powered Yoga laptops come with immersive OLED display and integrate a comfortable edge design. The new battle-ready Lenovo Legion…

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