India

The new manufacturing unit of Panasonic Life Solutions India
04 May

The new manufacturing unit of Panasonic Life Solutions India

Business Correspondent0 CommentsBusiness, India,
A wholly owned subsidiary of Panasonic Corporation Panasonic Life Solutions India announced the opening of its new manufacturing facility in Sri City, Andhra Pradesh. The facility aims to develop market synergies by providing swift material deliveries and customer delight. The factory also aims to produce more than 200 mil pieces of switches per year in the next 5 years. The ‘highly automated’ unit is spread over 133,584 sq.mt and currently covers a floor area of 37,025 sq.mt. This will be the company’s first electrical equipment manufacturing base in Southern India and seventh in India followed by facilities in the North…
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Flipkart creates new employment opportunities
04 May

Flipkart creates new employment opportunities

Business Correspondent0 CommentsBusiness, India,
India’s homegrown e-commerce marketplace, Flipkart announced the inauguration of India’s largest fulfillment center (FC) in Haringhata (West Bengal). Located 50 kms from Kolkata, the facility has an integrated supply chain management spread across 110 acres. The tech-enabled facility that will create more than 11,000 job opportunities and will support around 20,000 sellers from the state and North-East region, was inaugurated (virtually) during the Bengal Global Business Summit (BGBS) 2022 by the Chief Minister, Mamata Banerjee in presence of Principal Chief Advisor to Chief Minister Amit Mitra, Industries Minister Partha Chatterjee, Minister of Transport and Housing Firhad Hakim, and Chief Secretary…
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Valvoline’s ‘Happiness Truck’ reaches Kolkata
04 May

Valvoline’s ‘Happiness Truck’ reaches Kolkata

Business Correspondent0 CommentsBusiness, India, , ,
The ‘Happiness Truck’ powered by the Original Engine Oil maker and a leading global lubricant manufacturer Valvoline Cummins Private Limited reached Kolkata. The truck has covered 5 destinations across Uttar Pradesh and Jharkhand after being flagged off from Sanjay Gandhi Transport Nagar, New Delhi. It reached Kidhirpur in Kolkata and the occasion was marked by celebrating with performances followed by informative sessions on automotive technology and engaging contests. The objective is to reach out and connect with mechanics, Fleet owners, and other service providers and involve them by empowering and educating them on the latest technologies. It will continue its…
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First Best Sound Centre in Aizawl
04 May

First Best Sound Centre in Aizawl

Business Correspondent0 CommentsBusiness, India,
A leader in the hearing aid industry, Signia launched Best Sound Centre, the first store of its kind in Aizawl. Here consumers can experience hearing live with hearing aids. The BestSound Centre is set to showcase the finest from Sivantos’ premium hearing care brand, Signia. BestSound Center is one of the largest networks of hearing care professionals with more than 290 centers spread across the country and aims at providing quality services to people. Nawka & Signia have been working together for the past 25 Years in North-East. Nawka HAC runs 10 clinics across 5 North-Eastern States. Director of Sivantos…
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ICICI Pru Life’s strong financial results for FY2022
04 May

ICICI Pru Life’s strong financial results for FY2022

Business Correspondent0 CommentsBusiness, India,
ICICI Prudential Life Insurance has delivered another strong financial performance leading to a 33% year-on-year growth in the Value of New Business (VNB) for FY2022. The VNB margin expanded to 28% and absolute VNB stood at Rs 21.63 billion. This was led by robust growth of 25% in new business sum assured and 20% in Annualised Premium Equivalent for the same period. During FY2022, Annuity and protection new business premiums grew by 29% and 35% year-on-year respectively. New Business Sum Assured of the Company grew to Rs 7,731.46 billion for FY2022 making ICICI Prudential Life Insurance the leader in the…
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Amazon.in announces ‘Summer Sale’
03 May

Amazon.in announces ‘Summer Sale’

Business Correspondent0 CommentsBusiness, India,
Amazon.in is excited to announce its ‘Summer Sale’ kickstarting from May 04, 2022. Amazon is introducing ‘Countdown Deals’ for the first time that will be open for all customers and the selected offers will give them early access to a wide array of products across categories until May 3. Customers can explore and shop for a wide selection offered by small and medium businesses, Indian direct-to-consumer start-ups, neighborhood stores & women entrepreneurs across India. They can also explore sustainable, handcrafted products from artisans and weavers of different states across from popular crafts.The offers including 16 new launches from Top brands;…
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Vi enters into partnership with ICRIER
03 May

Vi enters into partnership with ICRIER

Business Correspondent0 CommentsBusiness, India,
In an aim to facilitate research advisory and policy support in the field of telecom policy, governance and regulation and with a view to contribute to the achievement of the Digital India mission, Vodafone Idea Limited (Vi) has partnered with the Indian Council for Research on International Economic Relations (ICRIER) for a Telecom Centre of Excellence (CoE) and have named the Centre – InViCT (ICRIER and Vodafone Idea Centre for Telecom). A MoU to this effect was signed in New Delhi recently between Dr. Deepak Mishra, Director & CEO, ICRIER and Mr. P. Balaji, Chief Regulatory & Corporate Affairs Officer,…
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PM Modi meets German Chancellor Scholz in Berlin
03 May

PM Modi meets German Chancellor Scholz in Berlin

editor0 CommentsIndia,
Prime Minister Narendra Modi held a meeting with German Challancer Olaf Scholz in Berlin as the two leaders look forward to expanding India-Germany cooperation. PM Modi, who arrived in Germany on the first leg of his three-day Europe visit, got a rousing welcome from the Indian diaspora in Berlin. The Prime Minister greeted members of the Indian community, who were awaiting his arrival at Hotel Adlon Kempinski in Berlin. Many children along with their parents were present at the hotel, waving their hands at the Prime Minister’s arrival. The people chanted “Vande Mataram” and “Bharat Mata ki Jai” on seeing…
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Project Jeevika to train two-wheeler market technicians
02 May

Project Jeevika to train two-wheeler market technicians

Business Correspondent0 CommentsBusiness, India,
The Automotive Skill Development Council (ASDC) and the world’s largest manufacturer of motorcycles and scooters Hero MotoCorp have joined hands for “ProjectJeevika”, to train two-wheeler market technicians across the country on BS-VI Technology.Hero MotoCorp has trained more than 6000 technicians through the Technical and Vocational Education and Training ecosystem. The stakeholders are working towards promoting livelihood and upskilling of technicians to empower them from the financial backward situation with free training and development programs in the automobile service domain to make their jobs aspirational. ASDC will deliver a variety of learning modules and certifications in skilling. It will also enhance…
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Tata Motors rolls out 4,00,000th Tiago from its Sanand Plant
02 May

Tata Motors rolls out 4,00,000th Tiago from its Sanand Plant

Business Correspondent0 CommentsBusiness, India,
India’s leading automotive brand Tata Motors commenced celebrations of its brand Tiago achieving the 4,00,000 sales mark with a signature roll-out from its home ground, the Sanand facility in Gujarat. The Company has launched #Tiago4ever campaign to celebrate with its employees and customers across all Tata Motors offices, plants and customer touchpoints.The Tiago has redefined the hatch segment with its sporty design, superior drivability, and best-in-class safety features and it bagged over 30 prestigious awards. Tata Motors has constantly kept the Tiago family refreshed with various technological interventions. The Tata Tiago with its BS-6 compliant engine is an important part…
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