Business

Toyota Kirloskar Motor (TKM) has launched its latest masterpiece, the Fortuner LEADER EDITION, promising an unparalleled blend of style, performance, and innovation. Since its inception in 2009, the Fortuner has captured the hearts of SUV enthusiasts, with over 251,000 units sold to date. Now, with the introduction of the LEADER EDITION, Toyota aims to elevate the driving experience to new heights. Featuring a bold and sporty design, the Fortuner LEADER EDITION exudes confidence and sophistication. The dynamic front and rear bumper spoilers, coupled with striking dual-tone exteriors, make a powerful statement on the road. Inside, the dual-tone seats and enhanced interiors offer a luxurious haven for drivers and passengers alike. Under the hood, the Fortuner LEADER EDITION packs a pu...

National Stock Exchange of India (NSE), the world’s No 1 derivatives exchange in the year 2023 based on contracts traded, has received approval for Derivatives on Nifty Next 50 index (NIFTYNXT50) from the Securities and Exchange Board of India (SEBI) and will launch these contracts from April 24, 2024. Exchange will offer 3 serial monthly index futures and index options contract cycle. The cash settled derivatives contracts will expire on the last Friday of the expiry month. The Nifty Next 50 Index, introduced on January 1, 1997, represents 50 companies from Nifty 100, with financial services sector having the highest representation at 23.76%, followed by capital goods at 11.91% and consumer services at 11.57%. The index's base date and value were November 03, 1996, and 1000 respective...

The demand for larger housing in India's residential real estate sector is set to increase over the next decade, this is in line with a significant shift seen in the last five years, where there has been a staggering 1,000% increase in launches of high-end residential units priced above Rs 1.5 crore between 2019 and 2023. Meanwhile, new launches of units priced below Rs 75 lakh, including affordable housing, remained stable across the top seven cities in the country, while sales increased by 27 percent. With declining inventory levels, which are currently the lowest in a decade, and average prices rising 26 percent over five years, the scales appear to be tilted towards the premium end of the market, where developers are looking for increased demand and better margins. Although affo...

MG Motor India said on Thursday it has partnered with the Epsilon Group for EV charging solutions and battery recycling. As part of collaboration, the automaker has signed a MoU with two subsidiaries of Epsilon Group – Power EV, for charging solutions, and LICO, for battery recycling and second-life expertise. As per the agreement, Power EV will provide custom charging technology to develop AC and DC charging solutions for MG's EVs. MG Motor India said in a statement that through active participation in the MG Charge initiative – deploying 1,000 charging points over 1,000 days within residential communities and apartments across India – Power EV aims to expand the availability of AC chargers and to provide high-speed charging to customers across the country. It aims to strengthen...

Rapido, India's leading commute app, has launched the "SawaariZimmedariKi" initiative to strengthen the nation's democratic fabric. In collaboration with the Meghalaya State Election Commission, Rapido sets forth to champion civic engagement during the Indian General Elections 2024. As part of this historic endeavor, Rapido pledges to provide free bike taxi rides to voters in Shillong on the 19th April. Rapido is offering free rides to voters on election day using the code 'VOTENOW', aiming to facilitate voting rights and ensure inclusivity. The initiative aligns with Rapido's nationwide campaign, which deploys over 10 lakh captains across over 100 cities to provide free rides. Rapido's partnership with the Meghalaya State Election Commission demonstrate its commitment to driving c...

Toyota Kirloskar Motor (TKM) has rolled out its latest offering, the Innova HyCross Petrol GX (O) grade, aimed at meeting the evolving needs of customers. Priced competitively at Rs 20,99,000/- (ex-showroom), the GX (O) grade promises to elevate the driving experience with over 10 advanced comfort and technology features. The new grade comes equipped with a range of enhancements, including front LED fog lamps, rear parking sensors, and a panoramic view monitor. Inside, customers will find chestnut-themed interiors, soft-touch materials, and a 10.1-inch infotainment system with wireless Apple CarPlay. Powered by a 2L TNGA Gasoline Engine delivering 128 kW (174 PS) and 205 Nm of torque, the Innova HyCross Petrol GX (O) grade offers robust performance coupled with a fuel economy of 16....

Indri Single Malt Whisky, produced by Piccadily Distilleries, has surged to unprecedented heights, emerging as the fastest-growing single malt whisky worldwide. Within a mere two years of its launch, Indri-Trini has shattered expectations by selling over 1,00,000 cases, capturing a remarkable 30% market share in India, surpassing industry giants. Experiencing an extraordinary growth rate of 599% compared to the previous year, Indri is not only rewriting records but revolutionizing the landscape of premium spirits. Piccadily Distilleries, driven by ambitious expansion plans, aims to secure a position among the top 5 best-selling single malt whiskies globally.Since its introduction in November 2021, Indri has garnered over 25 prestigious accolades, including the coveted titles of 'Best I...

The National Stock Exchange (NSE) has found itself contending with a formidable foe: deepfake technology. These advanced digital manipulations employ artificial intelligence algorithms to create convincingly realistic videos, often impersonating individuals and disseminating false information. The latest victim of this phenomenon is NSE's CEO, Shri Ashishkumar Chauhan, whose likeness and voice have been replicated in deceptive videos offering fraudulent stock advice. Deepfakes pose a significant threat to the integrity of financial markets, raising concerns about the spread of misinformation and its potential impact on investor trust. Recognizing the gravity of the situation, NSE has taken proactive measures to address this challenge. The exchange is leveraging a combination of tech...