Business Bureau

Lancer Container Lines Ltd, a leading player in India’s shipping and logistics sector, has announced a strategic agreement with Indonesian firm P.T. Map Trans Logistic, Surabaya, to lease 10,000 TEUs (Twenty-Foot Equivalent Units). This significant deal, signed by Lancer’s Managing Director Mr. Khalik Chataiwala and P.T. Map Trans Logistic’s Director Mr. Praful Jha, is set to enhance Lancer’s container capacity from nearly 20,000 TEUs in FY24 to 45,000 by FY26. In Q1 FY25, Lancer expanded its fleet by 3,008 TEUs, bringing its total to 22,707 TEUs. The company plans to add 200-300 containers monthly to meet growing demand, while also…

Filatex Mines and Minerals Pvt Ltd, the mining arm of Filatex Fashions Ltd, has secured a series of significant export orders totaling Rs. 661 crore (USD 78.88 million) within the past month. The latest order, announced on August 29, 2024, involves the supply of 1,59,000 tonnes of polished marble tiles to Société DIMO - BTP SARL (SDBS) of Guinea. This contract, valued at approximately Rs. 368 crore (USD 43.88 million), spans five years and reinforces SDBS's expansive distribution network across 14 African nations. Earlier in July 2024, the subsidiary had already clinched an order for 2,97,388 metric tonnes of white…

Star Health and Allied Insurance Co. Ltd has launched India’s pioneering insurance policy in Braille, marking a significant step in inclusivity for the visually impaired. The new "Special Care Gold" policy is tailored specifically for individuals with 40% or more disability, providing comprehensive health coverage and support services. This innovative policy aims to empower visually impaired individuals by ensuring they can independently access crucial health and financial information. In addition to this groundbreaking policy, Star Health has introduced a long-term inclusivity and diversity initiative. This initiative is designed to economically empower the 34 million visually impaired individuals in India, offering…

Jawa Yezdi Motorcycles has once again disrupted the market with the launch of the all-new 350 Jawa 42 FJ, priced from Rs. 1,99,142 (ex-showroom Delhi). This latest addition to the 42 Life series promises to redefine the neo-classic motorcycle segment with its unique blend of design, performance, and value. The Jawa 42 FJ, inspired by the brand's visionary founder František Janeček, boasts a muscular neo-classic design, a longer wheelbase, and higher ground clearance, making it a standout on the road. The bike features segment-first brushed aluminium tank panels, an upswept exhaust, and all-LED lighting, coupled with a fully digital instrument…

India is gearing up to make a significant mark on the global stage as 60 young talents are set to represent the country at the WorldSkills 2024 competition in Lyon, France. The event, often referred to as the "Olympic Games of Skills," will feature participants from over 70 nations competing across 52 skill categories from September 10-15. The Ministry of Skill Development and Entrepreneurship (MSDE) organized a grand send-off ceremony for Team India, which boasts one of the largest contingents ever. These skilled individuals will compete against the best from around the world, backed by rigorous training from industry leaders…

Škoda Auto India has launched the highly anticipated Slavia Monte Carlo edition, marking a significant milestone in the company's Indian journey. In celebration of this launch and its 112th anniversary at Rallye Monte Carlo, Škoda is offering ₹30,000 in benefits to the first 5,000 bookings of the Slavia Monte Carlo and the newly introduced Sportline variants of the Kushaq and Slavia. This promotional offer is valid until September 6, 2024. Mr. Petr Janeba, Brand Director of Škoda Auto India, highlighted the brand’s commitment to delivering sporty and stylish vehicles with the introduction of the Monte Carlo edition. "The Monte Carlo…

Vitero Tiles, a prominent name in the Indian tile industry under Aparna Enterprises Ltd, has announced the onboarding of Bollywood star Janhvi Kapoor as its brand ambassador. This strategic move is part of the company’s broader vision to enhance brand visibility and establish itself as a leading player in the competitive tile market. Mr. Ashwin Reddy, Managing Director of Aparna Enterprises Ltd, expressed enthusiasm over the collaboration, stating, “We are excited to welcome Janhvi Kapoor to the Vitero family. Her dynamic persona and eye for style perfectly complement our brand’s vision of redefining interiors with contemporary and high-quality tiles.” He…

United Breweries Limited (UBL), the country’s largest beer manufacturer and a part of the HEINEKEN Company, is pleased to announce a price reduction of its flagship Kingfisher Strong Beer in Assam by Rs 40.  Vivek Gupta, Managing Director & Chief Executive Officer of United Breweries Limited said, “Assam is an important market for us, and the recent positive measures by the State Government to reduce alcohol prices will benefit the consumers. By brewing Kingfisher Strong locally in Assam, we ensure that our consumers get access to fresh and good quality beer, while encouraging moderate and responsible consumption.” Kingfisher Strong is…

Symbiosis International (Deemed University) (SIU) has pleased to announce the commencement of the registration process for the Symbiosis Law Admission Test (SLAT) 2025, the highly esteemed entrance test for the university's law programs. This year marks a significant change as the application window officially opened on August 14, 2024, with the test itself now scheduled for December 13 (Friday) and December 15 (Sunday), 2024, a shift from its traditional May timeline. Prospective candidates are encouraged to visit the official SLAT website (https://www.slat-test.org/) for any information. The test will be conducted twice, and the score from the best of the two…

ICICI Prudential Life Insurance Co. Ltd. has achieved a significant milestone by surpassing Rs 3 lakh crore in Assets Under Management (AUM). As of July 31, 2024, the company's AUM stood at Rs 3.14 lakh crore. Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance, expressed his delight at this achievement, attributing it to customer preference for their products and trust in their ability to help achieve long-term financial goals. The company's focus on simplifying products and processes has been a key driver of this growth. ICICI Prudential Life Insurance emphasizes its role as a trustee and custodian of…