Business Bureau

In a significant move towards sustainable energy and industrial growth, Prime Minister inaugurated several initiatives in the petroleum and natural gas sector worth ₹4,027 crore on November 13. These projects, aligned with the Make in India vision, aim to provide cleaner energy solutions and foster domestic production capabilities in Bihar, enhancing local infrastructure and economic potential. Among the key projects is Bharat Petroleum Corporation Ltd.'s (BPCL) City Gas Distribution (CGD) network across Darbhanga, Madhubani, Supaul, Sitamarhi, and Sheohar. With an investment of ₹3,638 crore, the CGD network will deliver piped natural gas (PNG) to households and industries, promoting cleaner energy…

Bajaj Allianz Life Insurance has posted impressive results for Q2FY25, with a robust 34% growth in Individual Rated New Business (IRNB), reaching INR 1,895 crores, compared to INR 1,415 crores in the same period last year. The company's Gross Written Premium (GWP) saw a significant 23% increase, rising from INR 5,338 crores in Q2FY24 to INR 6,544 crores in Q2FY25, further highlighting its strong performance in the insurance sector. The company also reported an increase in Assets Under Management (AUM), which surged by 25% to INR 1,23,178 crores as of 30th September 2024. In terms of market share, Bajaj Allianz…

As World Diabetes Day approaches on November 14, experts are urging people to prioritize mindful food choices to manage rising diabetes rates in India, often dubbed the "Diabetes Capital of the World." With 101 million Indians living with diabetes and 136 million pre-diabetic, adopting dietary changes is critical for effective diabetes management. One such change is incorporating almonds, known for their 15 essential nutrients, including protein, unsaturated fats, and dietary fiber, which support healthy blood sugar levels. Studies, including research led by Dr. Anoop Misra, have demonstrated that almonds help maintain blood sugar control and reduce the impact of carbohydrate-rich…

In a significant step toward boosting India’s media and entertainment industry, Hon’ble Minister of State for Skill Development and Entrepreneurship, Jayant Chaudhary, chaired a vital meeting with the Media and Entertainment Skills Council (MESC). Under the theme “Skill India to Build India,” the gathering emphasized MESC’s role in equipping young talent for an increasingly competitive global market. Industry luminaries like Mohit Soni, CEO of MESC, and Oscar-winner Dr. Resul Pookutty, joined the event, focusing on aligning skill development with international standards. Minister Chaudhary underscored MESC's mission to address the skill demands in media, broadcasting, and the AVGC (Animation, Visual Effects,…

Godrej Industries’ Chemicals Business has signed a strategic agreement to acquire the Food Ester and Emulsifier Business of Savannah Surfactants Limited. The acquisition, which includes a manufacturing facility located in Goa with a capacity of 5,200 MTPA of finished products, aligns with Godrej's vision to expand its product offerings in the food and beverages sector. Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), stated, "This acquisition supports our strategy of growing our specialty chemicals business and is in line with our commitment to sustainable growth and innovation." As one of India’s leading players in oleochemicals, surfactants, and biotech,…

Celebrating National Education Day, Toyota Kirloskar Motor (TKM) has reaffirmed its commitment to bridging the skills gap in India through a wide range of impactful initiatives. With a strong focus on empowering economically underprivileged youth across Karnataka and India, TKM’s educational and vocational training programs are creating pathways to employment, fostering self-reliance, and contributing to India’s industrial growth. A key pillar of TKM's mission is the Toyota Technical Training Institute (TTTI), established in 2007. For over 15 years, TTTI has been providing free, high-quality education to youth from economically underprivileged sections, specializing in automobile manufacturing. In line with its commitment…

Bhanzu, India’s leading math-learning platform founded by Neelakantha Bhanu, the World’s Fastest Human Calculator, has successfully raised $16.5 million in a Series B funding round led by Epiq Capital, with contributions from Z3 Ventures, Eight Roads, and Lightspeed Ventures. The new investment aims to propel Bhanzu’s ambitious plan to reach 100 million students worldwide, with expansion efforts targeting the U.S., U.K., and Middle East. Bhanzu’s innovative approach, which combines real-life applications and adaptive AI-driven learning, has been widely embraced by Indian parents and students. The platform’s interactive courses have spurred an 8X growth since its last funding round, alongside a…

The 7th edition of the Apollo Cancer Conclave, held from November 8th to 10th at the Jio World Convention Centre, Mumbai, marked a transformative moment in the field of oncology. Over 2,000 oncologists from across India and 450 international speakers gathered to discuss the latest advancements in cancer care. The conclave focused on integrating contemporary treatment practices with precision oncology, offering a platform for over 100 sessions and interactive workshops on organ-specific oncology and innovative cancer treatments. As India’s cancer burden is projected to double by 2050, the conclave stressed the importance of prevention and the evolving role of technology…

A seminar-cum-workshop on the Code of Practices for Distribution Transformer (DT) Repair, Operation, and Maintenance was successfully conducted at Vivanta Guwahati, attracting key stakeholders from the power sector. The event, hosted by the International Copper Association India (ICAI) in collaboration with the Indian Transformer Manufacturers Association (ITMA), provided valuable insights for engineers and professionals working in the transformer industry. It was supported by the Central Electricity Authority (CEA) and the Bureau of Indian Standards (BIS). In his address, Shri Syedain Abbasi, IAS, Chairman of Assam Power Distribution Company Limited (APDCL), emphasized the importance of following the newly established standards on…

The 7th edition of the Apollo Cancer Conclave, held from November 8th to 10th, brought together over 2,000 oncologists and 400 experts from across the globe to discuss groundbreaking advancements in cancer care. Organized by Apollo Cancer Centres in Mumbai, the event focused on evolving treatments, precision oncology, and cutting-edge technology in cancer management. The Conclave featured over 100 sessions across seven organ-specific scientific tracks, including insights into breast, gynecology, gastrointestinal, and hematological cancers. Experts like Dr. Elisabete Weiderpass from the WHO emphasized the rising global cancer burden, predicting a sharp increase in cases, particularly in low- and middle-income countries.…