Wednesday, November 13

Business

Decoding impact: NSE-SSE’s first 5 listings unveiled
Business

Decoding impact: NSE-SSE’s first 5 listings unveiled

The National Stock Exchange (NSE) has unveiled the first five Non-Profit Organizations (NPOs) listed on its groundbreaking Social Stock Exchange (SSE) platform. But what exactly does this mean, and how will it impact society? The SSE platform serves as a bridge between financial markets and social welfare objectives, providing a structured mechanism for NPOs to raise funds for their impactful initiatives. Swami Vivekananda Youth Movement (SVYM), Transform Rural India, Mukti, Ekalavya Foundation, and SGBS Unnati Foundation are the pioneers leading this charge. Through these listings, the SSE platform has mobilized approximately INR 8 Crore, which will be directed towards various developmental projects spanning education, skill development, agriculture, livelihoods, and women empowerm...
Toyota’s ‘Great 4X4 Expedition’ ignites learning and adventure in Guwahati
Business

Toyota’s ‘Great 4X4 Expedition’ ignites learning and adventure in Guwahati

Toyota Kirloskar Motor (TKM) recently concluded its fifth 'Great 4X4 Expedition' in the vibrant North-east region, offering participants not just thrills but also valuable learning experiences. From March 8th to 10th, 2024, adventure enthusiasts delved into the world of off-roading, exploring the scenic landscapes of PRP Valley in Guwahati and the captivating terrains of Meghalaya. The expedition served as an educational platform for both seasoned 4X4 enthusiasts and newcomers alike. Participants had the opportunity to hone their off-roading skills under the guidance of expert 4X4 specialists, learning about vehicle capabilities and safety protocols along the way.Toyota's commitment to environmental stewardship was also a key aspect of the expedition. Participants actively contributed ...
Citroën’s bold expansion drive: Bringing the brand experience closer to India
Business

Citroën’s bold expansion drive: Bringing the brand experience closer to India

Citroën, the iconic French automaker, has unveiled its ambitious Network Expansion Program, signaling a dynamic shift in its approach to the Indian automotive market. With a visionary goal of establishing 200 sales and service touchpoints by the end of 2024, Citroën aims to redefine accessibility to its brand experience across the diverse landscapes of India. This transformative initiative represents a staggering 400% increase in Citroën's network footprint, reflecting the brand's commitment to reaching customers beyond traditional urban hubs. Covering over 140 markets, including urban, semi-urban, and rural regions, Citroën's expansion strategy promises to democratize access to its innovative vehicles and services. Shishir Mishra, Brand Director of Citroën India, underscored the st...
Camikara aced the Agricole aged rum category with two golds and a silver
Business

Camikara aced the Agricole aged rum category with two golds and a silver

India’s first pure cane juice rum maker, Piccadily Distilleries,has once again set a benchmark for Indian Rums and has created history for India ata global level. At the recently held Rum & Cachaça Masters 2024 competition,Camikara aced the Agricole aged rum category with two golds and a silver: Camikara 12YO and 8YO won gold medals and Camikara 3YO secured a silver medal. Camikara, an Indian premium rum, has won a prestigious award among the world's finest rum and cachaça brands, showcasing its rising star status and attracting global attention to its exceptional quality and uniqueness. The Rum & Cachaça Masters, a prestigious event in London, UK, is renowned for its rigorous blind tasting format, ensuring an unbiased evaluation of each entry in the spirits industry. The compe...
Lord’s Mark Industries and Unnat Bharat unleash E Smart Clinic, redefines healthcare with tech brilliance
Business

Lord’s Mark Industries and Unnat Bharat unleash E Smart Clinic, redefines healthcare with tech brilliance

Lord’s Mark Industries Ltd and Unnat Bharat Abhiyan have unleashed the game-changing E Smart Clinic project, heralding a new era of innovation-driven healthcare. The grand inauguration, graced by Honourable Prime Minister Shri Narendra Modi at AIIMS Rajkot, marked the dawn of a technology-powered revolution. Forged through an exclusive Memorandum of Understanding (MOU) inked at IIT Delhi, the partnership embodies the essence of technological innovation in solving societal challenges. It epitomizes the relentless pursuit of breakthroughs that transcend boundaries and redefine possibilities.At its core, the E Smart Clinic stands as a testament to the fusion of technology and healthcare expertise. Developed in collaboration with cutting-edge technology firm Dozee, the clinic boasts revolut...
TKM drives education and adventure: ‘Great 4X4 Expedition’ explores Northeast India
Business

TKM drives education and adventure: ‘Great 4X4 Expedition’ explores Northeast India

Toyota Kirloskar Motor (TKM) isn't just about cars; it's about experiences that transcend boundaries. As part of its commitment to experiential learning, TKM launches the fifth edition of its 'Great 4X4 Expedition by Toyota' in Northeast India, from March 8th to 10th, 2024. For students and educators alike, this expedition isn't just a drive; it's a classroom on wheels. Participants have the opportunity to delve into the intricacies of off-roading, learning about vehicle dynamics, terrain navigation, and environmental conservation firsthand. Through practical experiences and expert guidance, TKM aims to ignite a passion for adventure and environmental stewardship among the younger generation."I've always been fascinated by cars, but this expedition opened my eyes to the importance of r...
HCLFoundation’s 2024 HCLTech Grant empowers change-makers
Business

HCLFoundation’s 2024 HCLTech Grant empowers change-makers

HCLFoundation, the philanthropic arm of HCL Technologies has announced the winners of its 2024 HCLTech Grant, igniting dreams and aspirations in rural India.With a generous pledge of ₹16.5 crore (approximately $2 million), HCLFoundation is set to empower a new wave of change-makers who are determined to make a difference in their communities. From the bustling villages of Gujarat to the serene landscapes of Karnataka, these grants promise to sow the seeds of transformation. Among the recipients is The Corbett Foundation, whose Guardians of Grasslands initiative aims to protect the majestic Great Indian Bustard, weaving a tale of conservation and coexistence in the heart of Kutch. Meanwhile, Sangath's EMPOWER project seeks to nurture mental health and well-being in Madhya Pradesh, offer...
The S&P 500 finishes over 5100 for the first time, while the Nasdaq soars more than 1% to break the record
Business

The S&P 500 finishes over 5100 for the first time, while the Nasdaq soars more than 1% to break the record

Friday saw the Nasdaq Composite reach a record high, breaking its own high set in 2021 as investors wagered that investing in megacap technology businesses was the best way to take advantage of both the impending growth in artificial intelligence and reducing inflation. The tech-heavy Nasdaq gained 1.14% to 16,274.94, reaching a new session high of 16,302.24. The index closed at its first record level yesterday, November 2021. For its first closing above the 5,100 barrier, the S&P 500 gained 0.80% to close at 5,137.08. The Dow Jones Industrial Average increased to 39,087.38 (up 90.99 points, or 0.23%). The computing giant Nvidia, which has surged more than 260% in the previous 12 months, led the tech rally and was up 4% on Friday. Meta had a daily increase of over 2% as well. Weekl...
Inter-company agreements are terminated by Paytm and PPBL in order to pursue autonomous destinies
Business, International, Meghalaya, Technology

Inter-company agreements are terminated by Paytm and PPBL in order to pursue autonomous destinies

The cancellation of certain inter-company agreements has been announced by One 97 Communications Ltd. (Paytm) and Paytm Payments Bank Limited (PPBL). The move is a component of a larger initiative to simplify processes and lessen interdependencies between the two organizations. The news, which was released jointly by Paytm and PPBL, represents a major change in the companies' corporate policy about supporting PPBL's autonomous governance structure and increasing its autonomy. By the agreement, both parties have agreed to end several inter-company agreements, which is a critical step in each of their journeys. Moreover, PPBL's shareholders have overwhelmingly decided to streamline the Shareholders Agreement (SHA), demonstrating their dedication to sustaining PPBL's governance separat...