Business Bureau

PeepalCo’s investment app, Lemonn, has achieved a major milestone, surpassing 500,000 users within just five months of its launch. The platform, aimed at simplifying investment for newcomers, has captured the interest of 36% first-time investors, emphasizing its appeal to a younger audience with 65% of users aged 18-25. Lemonn provides diverse investment options, including mutual funds, direct stocks, IPOs, and Futures and Options (F&O), and has made a notable impact in tier 2 and 3 cities. West Bengal stands out as a significant contributor, with Bardhaman, Nadia, and Murshidabad emerging as top cities driving growth, alongside Jaipur and Ahmedabad. In…

As National Nutrition Month is celebrated from September 1 to 30, the spotlight is on promoting healthier eating habits with nutrient-dense foods like almonds. Rich in 15 essential nutrients, including vitamin E, magnesium, protein, and dietary fiber, almonds are a powerful addition to a balanced diet. The Indian Council of Medical Research (ICMR)-National Institute of Nutrition (NIN) recently recommended almonds as a daily health-boosting food. Experts emphasize the multiple benefits of almonds, from managing weight to improving heart health and controlling blood sugar levels. Bollywood actress Soha Ali Khan shares her practice of carrying almonds as a healthy snack, promoting…

Minister of State (Independent Charge) for Skill Development and Entrepreneurship, Shri Jayant Chaudhary, attended the grand opening ceremony of the WorldSkills 2024 in Lyon, France, where 60 young competitors from India are representing the country in 52 skills. French President Emmanuel Macron inaugurated the event at the LDLC Arena, marking the start of the competition, which has drawn over 13,000 attendees from around the world. Team India made a notable entrance during the Parade of Nations, exuding confidence and pride as they showcased their traditional attire. The team, led by flagbearer Shreyansh Sharma from Jaipur, Rajasthan, will compete in skills…

SBI Life Insurance, in collaboration with Mirchi, has launched the 14th edition of Spell Bee 2024, titled “Bee Spellbound.” This year, the competition spans across 30 cities, involving over 500 schools and engaging more than 3 lakh students, with the ultimate goal of fostering leadership alongside spelling skills. The top 50 students will qualify for the National Finale, where the "Spellmaster of India 2024" will be crowned, earning a grand prize of INR 1 lakh and a trip to Disneyland, Hong Kong. Ravindra Sharma, Chief of Brand, Corporate Communications and CSR at SBI Life, emphasized that the platform nurtures values…

To address its skill shortages in construction and healthcare, Israel has requested India to conduct a new recruitment drive for 10,000 construction workers and 5,000 caregivers. This marks a continuation of a previous recruitment initiative earlier this year.The Population, Immigration, and Border Authority (PIBA) has outlined specific requirements for the construction roles, including Framework, Iron Bending, Plastering, and Ceramic Tiling. A PIBA team will visit India next week to administer skill tests and select candidates who meet their standards. The recruitment drive for construction workers will be conducted in Maharashtra. Additionally, Israel is seeking 5,000 caregivers to enhance its healthcare…

LEAD Group, India's largest School Edtech company, has announced TECHBOOK, a groundbreaking educational tool poised to transform traditional learning methods. This innovative product aims to replace conventional textbooks with a personalized, interactive learning experience by 2028, targeting the top 5,000 schools across India. TECHBOOK integrates three advanced technologies: Augmented Reality (AR), a Personalized Reading Fluency Assistant, and Personalized Interactive Exercises (PIE). AR features, such as the Augmented Reality Instructor (ARI), make complex subjects like Science and Mathematics more engaging by allowing students to interact with 3D models. The Independent Reading Assistant (IRA) helps improve language skills by providing real-time feedback…

Bandhan Mutual Fund has unveiled the Bandhan Business Cycle Fund, a new open-ended equity scheme designed to adapt to various phases of the economic cycle. The New Fund Offer (NFO) opens today and will run until September 24, 2024. This fund targets to dynamically adjust sector allocations according to the economic phases—Expansion, Peak, Contraction, and Slump—to maximize growth opportunities and manage risks effectively. The Bandhan Business Cycle Fund is structured to enhance portfolio diversification by leveraging sector rotation strategies. Vishal Kapoor, CEO of Bandhan AMC, emphasized that the fund utilizes a comprehensive approach to tap into economic trends and sector…

Godawari Electric Motors, a pioneer in sustainable transportation, marked World EV Day with the launch of its latest innovation, the eblu Cety, an auto-shaped e-rickshaw designed to transform city commutes. Priced at INR 1,99,999/- ex-showroom, the eblu Cety has already secured over 100 advanced bookings, reflecting growing demand for eco-friendly urban transport solutions. The eblu Cety is equipped with a 51.2V Li-Ion battery, offering a driving range of 95 km per charge and a maximum speed of 25 kmph. The vehicle's advanced features include an automatic wiper, regenerative braking, and ample legroom, providing a comfortable and energy-efficient ride for both…

Vi has achieved a technological milestone by becoming the first Indian telecom operator to secure the Payment Card Industry-Data Security Standard version 4.0 (PCI DSS 4.0) certification. This achievement marks a significant advancement in telecom security, reflecting Vi’s commitment to employing cutting-edge technology to protect customer data. The PCI DSS 4.0 certification, developed by the Payment Card Industry Security Standards Council (PCI SSC), represents the forefront of security technology. It introduces rigorous protocols designed to combat data breaches and fraud, enhancing protection for digital transactions. For Vi, this certification is not just a badge of honor but a testament to…

Vaishali Pharma Ltd, a leading Mumbai-based pharmaceutical company, has announced a 1:1 bonus issue and a 1:5 stock split, aiming to reward shareholders and boost liquidity. The company’s board approved these measures in a meeting held on August 28, 2024, pending regulatory and shareholder approvals. Under the stock split, one equity share of ₹10 face value will be subdivided into five shares of ₹2 each. This move aligns with the company's vision to enhance shareholder trust while expanding its equity base. Vaishali Pharma recently secured 19 registrations in regions including Africa and Latin America, expected to add ₹100 million to…