Business Archives - Page 79 of 82

HDFC Life entered into a corporate agency tie-up with PFPDL

26Apr

By Business BureauNo Comments

Business

HDFC Life entered into a corporate agency tie-up with PFPDL

HDFC Life, a prominent Indian insurer, has partnered with Peerless Financial Products Distribution Ltd. (PFPDL) for a corporate agency deal. This partnership would enable PFPDL to distribute life insurance products of HDFC Life to its customers. PFPDL is a subsidiary of the Peerless General Finance & Investment Co. Ltd (PGFI), one of India’s oldest and biggest NBFCs in East India. PFPDL has 40 branches with a broad customer base across 42 locations. Peerless Financial Services Ltd (PFPDL) is partnering with HDFC Life to provide financial protection to its customers. The partnership aims to enhance HDFC Life's presence in India, which has a low life insurance penetration compared to global markets. The partnership will allow customers to choose their preferred service mode. HDFC Lif...

25Apr

By news editorNo Comments

Business, Entertainment

SPACE India named Bollywood’s millennial actress Sanjana Sanghi as its Brand Ambassador

Actress Sanjana Sanghi's relentless pursuit of making world a better place and her dedication to empowering the Youth are second to none! As an UNDP Youth Champion, she has garnered widespread admiration, attracting audiences not just with her acting talent but also with her noble humanitarian work. Now, the model has added another feather to her cap as she joins SPACE India as the brand ambassador. Sanjana's deep-hearted commitment to education and knowledge aligns superbly with this association. Sharing her excitement about embracing a new role, Sanjana Sanghi expressed, "Those who know me are well aware of my passion and belief in education. This opportunity to advance it further through a partnership with SPACE India feels like destiny. I believe our collaboration will usher in ...

Unveiling the Fortuner LEADER EDITION: Toyota redefines luxury in the Mid-SUV segment

23Apr

By Business BureauNo Comments

Business

Unveiling the Fortuner LEADER EDITION: Toyota redefines luxury in the Mid-SUV segment

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...

NSE’s NIFTYNXT50 Derivatives: A comprehensive guide to accessible investing

23Apr

By Business BureauNo Comments

Business

NSE’s NIFTYNXT50 Derivatives: A comprehensive guide to accessible investing

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...

Developers are spending twice as much on premium housing compared to expensive launches

21Apr

By editorNo Comments

Business

Developers are spending twice as much on premium housing compared to expensive launches

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 binds with Epsilon Group for EV charging solutions and battery recycling on Thursday

18Apr

By editorNo Comments

Business

MG Motor India binds with Epsilon Group for EV charging solutions and battery recycling on Thursday

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...

Voter Transport Revolution: Rapido and Meghalaya EC Offer Free Bike Taxi Rides in Shillong for General Elections 2024

17Apr

By Business BureauNo Comments

Business

Voter Transport Revolution: Rapido and Meghalaya EC Offer Free Bike Taxi Rides in Shillong for General Elections 2024

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...

What will be the response of common people to increase the price of potatoes?

16Apr

By Banasree SarkarNo Comments

Business

What will be the response of common people to increase the price of potatoes?

Even though the Baishakh temperatures have not yet become unbearable due to the oceanic cyclone, the price of potatoes in the Bengali grain market has been strained at the beginning of the new year. Prices of all types of potatoes have started to rise since the middle of Chaitra. Eid has already passed. Festivals like Gajan, Neel, Chadak, and New Year are just over. All in all, the demand for potatoes is high. In this situation, the price of potatoes seems to be running in line with the temperature. Bapan Das, a retailer, said, “We could not have predicted that the price would rise so much within 10–15 days. At the end of March, a sack of Chandramukhi was Tk 900–950. Now I am buying for 1250 taka. Today's price of a sack of Jyoti potatoes bought at 650–700 taka is 1100 taka. Similarly,...

TKM launches the new Innova HyCross the GX (O) petrol variant

16Apr

By Business BureauNo Comments

Business

TKM launches the new Innova HyCross the GX (O) petrol variant

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....

Indian single malt *’Indri Single Malt Whisky’ defies odds, sells over 1 lakh cases in just two years

13Apr

By Business BureauNo Comments

Business

Indian single malt *’Indri Single Malt Whisky’ defies odds, sells over 1 lakh cases in just two years

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...