Business Bureau

Utkarsh Small Finance Bank Limited (Utkarsh SFBL) has proudly released its inaugural Sustainability Report for FY 2023-24, titled “U-SUSTAIN,” marking a key step in the bank’s commitment to Environmental, Social, and Governance (ESG) practices. The report details strategic efforts in climate risk management, energy efficiency, waste reduction, and community-focused initiatives, demonstrating Utkarsh SFBL's dedication to sustainable banking. In the report, the bank highlights achievements across three ESG pillars: environmental initiatives, social impact, and robust governance. Environmentally, Utkarsh SFBL has implemented green technologies and efficient resource management. Social efforts include boosting financial inclusion and promoting diversity. Governance-wise, the bank ensures transparency…

Deloitte India has introduced the Enterprise Growth Awards 2024 (EGA 2024), a pioneering initiative aimed at recognizing the achievements of family-owned businesses, unicorns, and soonicorns across North, South, East, and West India. The awards will celebrate companies that not only excel in leadership and innovation but also respond effectively to shifting consumer trends in their respective markets. Open for participation, the EGA 2024 invites family-owned businesses with a turnover between INR 1,000 crore and INR 5,000 crore and over 26% promoter ownership, along with startups valued between US$500 million and US$1 billion. Key evaluation criteria include financial performance, innovation, and…

JSW MG Motor India has introduced two new 7-seater variants of the popular MG Hector, expanding the lineup of India’s first Internet SUV. The Hector Plus 7-Seater Select Pro and Smart Pro variants cater to customers seeking a premium and spacious SUV experience. The Select Pro features a 1.5L petrol engine with a CVT transmission, priced at INR 19,71,800, while the Smart Pro variant comes with a 2.0L diesel engine and a 6-speed manual transmission, priced at INR 20,64,800. "These new 7-seater variants emphasize our commitment to meeting the evolving needs of our customers while maintaining the quality and innovation…

Nissan Motor India has posted impressive sales figures for October 2024, driven by the robust demand for the newly launched Nissan Magnite. The company registered a total of 5,570 wholesale dispatches for the month, marking a significant sales milestone during the festive season. Of the total, 2,449 units were exported, while 3,121 units were sold domestically. The launch of the new Magnite has sparked renewed enthusiasm among customers, highlighting Nissan’s commitment to quality and customer satisfaction. "We would like to thank our valued customers for their overwhelming response to the New Nissan Magnite this festive period. It’s inspiring to see…

The Embassy of India in Riyadh hosted a remarkable event to celebrate the conferment of classical language status to five Indian languages: Assamese, Bengali, Marathi, Pali, and Prakrit. The celebration was part of the week-long Pravasi Parichay 2024 and saw over 500 members of the Indian diaspora in attendance. In a video message, Minister of State for External Affairs Kirtivardhan Singh lauded the embassy's efforts to highlight the significance of classical languages. The event featured a 90-minute play that showcased the historical and cultural stories tied to the 11 classical languages of India, including Sanskrit, Telugu, Malayalam, Tamil, Kannada, and…

The Abhay Prabhavana Museum, arguably the largest “Museum of Ideas" dedicated to Jain philosophy and Indian heritage, has officially inaugurated amidst much anticipation and interest. Established by Abhay Firodia, Chairman of the Amar Prerana Trust, the museum represents a significant milestone in preserving and promoting India’s spiritual legacy. This landmark event drew esteemed dignitaries, scholars, and leaders who gathered to celebrate the museum’s mission: to instill a deeper understanding of Jain values, their crucial impact on the Indian value system, and its relevance in contemporary society. The inauguration was graced by the presence of Shri Nitin Gadkari, Union Minister, alongside…

Swiggy Limited, India's leading on-demand convenience platform, has launched its much-anticipated Initial Public Offering (IPO) today, with the offer opening on November 06, 2024, and closing on November 08, 2024. The company has fixed the price band for the equity shares at ₹371 to ₹390 per share of a face value of ₹1. The IPO comprises a fresh issue of equity shares worth up to ₹44,990 million and an offer for sale of up to 175,087,863 shares by existing shareholders. The offer includes a reservation of up to 750,000 shares for eligible employees, amounting to 5% of the post-offer paid-up…

JSW MG Motor India achieved a milestone with the MG Windsor, recording India’s highest sales for an electric car in October 2024. With 3,116 units sold, the Windsor captured nearly 30% of the nation’s total passenger electric vehicle (EV) market, underscoring its appeal as India’s first Intelligent CUV. The company’s strong focus on sustainable transportation solutions has contributed to a notable 31% year-on-year sales growth. In total, JSW MG Motor sold 7,045 units in October, marking the highest monthly sales since the company's launch. Of these, 70% came from its New Energy Vehicles (NEVs) portfolio, highlighting growing customer preference for…

Tata Tea has introduced a new product designed to enhance well-being—Tata Tea Gold VitaCare. This innovative tea blend promises a delicious way to boost health, as just two cups provide 30% of the daily recommended intake of four essential vitamins: D, B6, B9, and B12. Vitamin D supports normal bone maintenance, while Vitamin B6 aids in reducing tiredness and fatigue. Folic Acid, or Vitamin B9, is essential for normal blood formation, and Vitamin B12 contributes to energy-yielding metabolism. With these health benefits, Tata Tea Gold VitaCare offers consumers a practical solution to incorporate vital nutrients into their daily routines. Available…