Business

Samsung India has unveiled the winners of its ‘Solve for Tomorrow 2024’ competition, highlighting groundbreaking technological innovations developed by young minds across the country. Team Eco Tech Innovator from Golaghat, Assam, was crowned the Community Champion in the School Track for their ingenious solution aimed at ensuring equitable access to potable water, earning a seed grant of INR 25 lakh. Meanwhile, Team METAL from Udupi, Karnataka, received the Environment Champion award in the Youth Track for their innovative technology designed to remove arsenic from groundwater, securing a grant of INR 50 lakh for incubation at IIT-Delhi. The event celebrated the creativity and problem-solving skills of the ten finalist teams, each of which received INR 1 lakh and certificates for their...

ICICI Prudential Life Insurance has set a new industry benchmark with a remarkable claim settlement ratio of 99.35% for the first quarter of FY2025, reaffirming its commitment to customer satisfaction in the Indian life insurance market. The company settled death claims worth ₹381.24 crore during this period, with an impressive average turnaround time of just 1.2 days for non-investigative claims. Mr. Amish Banker, Chief Operations Officer of Customer Service, emphasized the importance of trust in the insurance industry, stating, “Life insurance ensures financial security for families in the absence of an earning member. We process claims with sensitivity and speed, reflected in our leading ratio.” This achievement highlights ICICI Prudential's consistent performance, improving from a ...

In the run-up to the India Mobile Congress 2024, leading telecom operator Vi has announced the launch of its first ever grass-roots eSports tournament–‘Vi Game to Fame’. India is among the top markets for gaming, accounting for approximately 20% of the world’s total mobile game downloads. Vi Game to Fame aims to bring together amateur esports enthusiasts from across the country to compete, collaborate, showcase their skills, and earn an opportunity to shine at not only a national but also an international level.  Vi Game to Fame highlights the company’s commitment to enable exciting immersive digital experiences for its customers and foray into gaming with a comprehensive mobile gaming platform—Vi Games. Registrations for Vi Game to Fame opens from 1st October till 5th October ...

At the ‘FICCI Roundtable for the North-Eastern Region,’ Meghalaya Health Minister Dr. Lyngdoh emphasized the state’s vision of a cancer-free generation with access to affordable and accurate cancer care. "Our priority is cancer surveillance, and leveraging technology will allow us to save lives," she stated. The roundtable, hosted by FICCI under the aegis of the Ministry of Health & Family Welfare, addressed strategies to make cancer care more affordable across India. Raj Gore, Chair of FICCI’s Cancer Task Force, noted that the Northeast faces unique cancer challenges, with high tobacco consumption driving incidence rates. "The need for comprehensive prevention and early detection is critical," Gore added. Shillong stands to benefit from these efforts. Increased collaboration be...

Oriflame, the renowned Swedish holistic well-being brand, highlighted its commitment to sustainability and women empowerment at the recent Swedish Networking Reception hosted by the Swedish Embassy. The event, featuring iconic brands such as Ikea, Volvo, H&M, and Tetra Pak, focused on the critical theme of sustainability and its role in enhancing India-Sweden relations. Oriflame made a significant statement with its 100% biodegradable stall, showcasing a close-to-nature approach. The company proudly reported that 80% of its brand partners are women, while 85% of its products sold in India are produced locally, illustrating its impactful contribution to the Indian economy. Edyta Kurek, Senior Vice President & Head of India, expressed, “We are committed to empowering m...

Vodafone Idea, one of India’s largest telco operators, has tapped Nokia NetGuard Endpoint Detection and Response (EDR) to strengthen network security against rising cyber threats and security vulnerabilities for its consumer and enterprise customers. NetGuard EDR, a telco-specific threat detection suite, will provide Vodafone Idea with real-time, automated monitoring to enable rapid detection and mitigation of endpoint-related security incidents. It will minimize security gaps, reduce the need for extensive testing, and optimize operational costs, while maintaining continuous service availability and performance of the protected endpoints in the entire Operational Technology (OT) network. NetGuard EDR’s vendor-agnostic capabilities will integrate seamlessly with Vodafone Idea’s existin...