Business Bureau

LG Electronics India has announced its latest lineup of soundbars, promising a new benchmark in home entertainment. The 2024 series, featuring models like SQ75TR, SG10Y, SQ70TY, S77TY, and S65TR, integrates cutting-edge technology to deliver immersive audio experiences tailored for modern living rooms. Designed to complement LG TVs seamlessly, these soundbars support Dolby Atmos® and DTS for an unparalleled surround sound experience. The WOW Synergy (Orchestra, Interface, Cast) optimizes audio channels, enhancing the depth and clarity of soundscapes, akin to theater-quality audio. Young Hwan Jung, Director-Home Entertainment, LG Electronics India, expressed excitement about the launch, stating, "Our new soundbars represent a…

Spokesperson, Kotak Mahindra International Limited, stated, “K- India Opportunities Fund Ltd. (KIOF) is a SEBI registered Foreign Portfolio Investor and is regulated  by the Financial Services Commission of Mauritius. The Fund, was established in 2013 to enable foreign  clients to invest in India. The Fund follows due KYC procedures while onboarding clients and all its  investments are made in accordance with all applicable laws. We have cooperated with regulators in  relation to our operations and continue to do so. Kotak Mahindra International Limited (KMIL) and KIOF unequivocally state that Hindenburg has never  been a client of the firm nor has…

Samsung had recently announced that it would launch the next generation of Galaxy Z series smartphones and ecosystem devices at its global event on July 10. The Galaxy Unpacked event will be hosted in Paris — where the iconic cultural nexus and trend epicentre becomes the perfect backdrop for the rollout of our latest cutting-edge innovations, Samsung said in a statement. It also said that Consumers of Samsung can now pre-reserve its next Galaxy Z series foldable smartphones to become eligible for early access and special offers. Customers can pre-reserve the next Galaxy Z series foldable smartphones by paying a…

Tata Motors, India’s largest commercial vehicle manufacturer, is strengthening its foothold in West Bengal’s vibrant trucking industry with an expansive network of after-sales services designed to maximize vehicle uptime and customer satisfaction. Across the state, Tata Motors operates 172 strategically positioned service touchpoints, ensuring seamless access to genuine spare parts and expert maintenance from highly skilled technicians trained by the company. The Kolkata market plays a pivotal role in Tata Motors’ service strategy, with several key service centers strategically located to cater to the city’s bustling logistics needs. These centers not only provide essential maintenance and repairs but also facilitate…

Tata Motors, India's largest commercial vehicle manufacturer, has significantly improved the Indian trucking industry by enhancing its service ecosystem and ensuring vehicle uptime, crucial for meeting tight freight delivery timelines. Focused on offering a robust service network, range of value-added services, easy access to genuine spare parts, along with prioritizing driver well-being, the company consistently assures customers of an excellent ownership experience. Tata Motors has established a comprehensive service network in Assam, with 90 strategically located touchpoints and well-stocked dealerships. Their focus on vehicle smoothness and minimal downtime is crucial for customer success. The company's highly skilled technicians, continuously trained,…

Tata Motors Limited's sales in Q1FY 2024-25 increased to 229,891 vehicles, compared to 226,245 units in Q1FY 2023-24. The domestic sales performance showed a -8% decrease from June 2024 to June 2023, with total sales of 74,147 and 74,147 respectively. The change in Q1 FY25 from 225,719 to Q1 FY24 222,345 represents a 2% increase in the previous year.  The rate of decrease for Domestic commercial vehicles in June 2024 and June 2023 was -8%, with a total of 30,623 vehicles sold in June 2024 as compared to 33,148, in June 2023. The total sales of commercial vehicles in June…

Toyota Kirloskar Motor has maintained its strong sales momentum and recorded a growth of 40% in June 2024 by selling 27,474 units. This includes domestic sales of 25,752 units along with 1,722 units of exports. In May 2023, TKM had sold 19,608 units. The company experienced a 47% growth in sales in the first six months of 2024 compared to the previous year, selling 1,50,250 units from January to June 2024, and 1,02,371 units in the same period in CY 2023. Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “Operating under the brand "Toyota U-Trust”…

Nissan Motor India has achieved an export milestone of 1.1 million units since the commencement of its export operations. This is a crucial accomplishment for the company and a true reflection of Nissan’s‘ Make in India, Make for the World’ philosophy. The company has reached this remarkable feat of crossing 1.1 million units on 29 June 2024 at the Ennore Kamarajar Port, Tamil Nadu with the Nissan Magnite being the milestone unit exported. Nissan has achieved a significant milestone in export business, driven by the Magnite and Sunny models. This reflects the unmatched demand for Nissan cars in India and…

North East Small Finance Bank (NESFB) has announced one of the largest hiring drives in the Northeast. The bank aims to recruit over 200 new employees in the first phase of this expansive initiative. NESFB will hire for roles across their branches in Guwahati, Lakhimpur, Nalbari, Tezpur, Jorhat, Diphu, Dibrugarh, Kokrajhar, Kamrup, Shillong, Siliguri, Agartala and Aizawl. For the first phase of its hiring drive, the bank is primarily recruiting for two key positions across its branches: Relationship Officer - Assets and Relationship Officer - Liabilities. Candidates with a bachelor’s degree and 0-3 years of experience in the banking industry…

 Kotak Mahindra Bank is set to significantly expand its SME business in Kolkata, recognizing the East region as a growing opportunity. For Kotak Mahindra Bank, the East region is a vital market with significant growth potential. The bank is committed to expanding its footprint in this area over the next few years, investing in local talent and opening new branches to meet the increasing needs of businesses and entrepreneurs. Shekhar Bhandari, President-SME, emphasized that Kolkata, as a trade and commerce hub in northeast India, is pivotal for the bank's strategic growth plans in the East. The city boasts of diverse…