Business Bureau

The DNEG Group, the London headquartered world-leader in visual entertainment technology and services, announced that United Al Saqer Group (“UASG”) will will invest $200 million in the company, valuing it at over $2 billion. The DNEG Group, a leading provider of visual effects (VFX) services, is set to expand its services to include sector-agnostic content production and AI-powered technology. The investment by UASG will accelerate the group's strategy of innovation and diversification, ensuring continued technology and creative leadership in the rapidly evolving media & entertainment sector. The DNEG Group plans to launch its technology division, Brahma, which will develop the…

Coca-Cola India in collaboration with the National Skill Development Corporation (NSDC) under the Ministry of Skill Development & Entrepreneurship (MSDE) to showcase their unwavering commitment towards reshaping the retail landscape in Odisha with the Super Power Retailer Program. In the span of seven months, over 14000 retailers have been empowered through the initiative including women retailers. This remarkable programme was launched by Shri Dharmendra Pradhan, Hon'ble Union Minister for Education and the former Minister for Skill Development & Entrepreneurship, on October 15th 2023, and it aims to bring a positive transformation in the retail community of the state. The SuperPower…

Late-night snacking can be enjoyable or necessary, but unhealthy choices can lead to weight gain, metabolic issues, and digestive problems. Dr. Rohini Patil, MBBS and Nutritionist, recommends almonds and Greek yogurt for late-night snacks, as they satisfy cravings, support weight loss, and promote overall well-being. These foods not only satisfy your cravings or hunger but also help with weight loss and overall well-being. These six nutritious snacks will help quench your appetites come midnight: •             Almonds are a nutritious snack that can help prevent weight gain and lifestyle diseases like diabetes and high cholesterol. Almonds are a nutritious food source,…

Varanasi, as part of the Toyota Mobility Foundation's $9m Sustainable Cities Challenge, is calling for data-driven solutions to enhance safety for the millions of pilgrims visiting the city annually. The Varanasi Challenge is looking for solutions that will allow the city to better manage the growing influx of annual visitors, while making the city more accessible for tourists and local residents, particularly older people and people with disabilities. Varanasi, India's spiritual capital, is home to the ancient city of Kashi, a significant pilgrimage site, but its dense urban fabric raises safety and overcrowding concerns. Varanasi, a city in India, is…

Tata Motors, one of India’s leading automotive manufacturers, ended FY24 on a high, with its two products, Punch and Nexon, emerging as the best-selling SUVs in the country. Tata Nexon grabbed the pole position, dominating this segment three years in a row, despite aggressive competition in the segment, with Punch being a close second. Tata Nexon also recently achieved the magnanimous 7 lakhs sales milestone in its 7th year making it the most loved SUV of India. The compact SUV segment has shown remarkable growth over the years, making it the most competitive and contested segments and Tata Motors is…

ONGC has announced the appointment of Mr. Vivek Chandrakant Tongaonkar as the new Director (Finance), effective from 2nd July 2024. Mr. Tongaonkar, a seasoned industry veteran with over 37 years of experience across the Energy value-chain, brings extensive expertise in financial and managerial leadership to India’s Energy Maharatna. Mr. Tongaonkar holds degrees in Electrical Engineering and Business Administration, complementing his robust professional background. His most recent role was as Director (Finance) & CFO at ONGC’s downstream subsidiary, Mangalore Refinery & Petrochemicals Limited (MRPL), where he implemented transformative financial strategies. These initiatives included the preemptive repayment of high-interest term loans amounting…

Rajesh Toyota, a prominent dealership under Toyota Kirloskar Motor (TKM), has secured the prestigious GreenCo Gold Rating from the Confederation of Indian Industry (CII) Green Business Centre, becoming the first automotive dealership in India to achieve this milestone. Recognized for its commitment to sustainable practices, Rajesh Toyota excelled in energy efficiency, waste management, and water conservation, aligning closely with Toyota's Environmental Challenge 2050. The dealership has reduced scope 1 and 2 emissions by 31.27% since 2019 and achieved an impressive 90.5% renewable energy usage. Furthermore, efforts in lean management have reduced waste generation per vehicle by 20.3%.Mr. B. Padmanabha, Executive…

The Hon'ble Union Minister of State (I/C),MSDE, Shri Jayant Chaudhary, visited the National Institute for Entrepreneurship and Small Business Development (NIESBUD) campus and engaged with the other trainees and trainers involved in various programs.Shri Jayant Chaudhary also visited a unique exhibition which was organised featuring products crafted by jail inmates and other successful entrepreneurs who have successfully completed EDP training under NIESBUD. The Institute at Lucknow and Varanasi Jail showcased products prepared by jail inmates during ESDP programmes, highlighting the transformative impact of skill development and entrepreneurial training on inmates, reflecting NIESBUD's commitment to promoting entrepreneurship across various sectors. Shri…

Turkish Airlines, the national flag carrier of Türkiye, is setting an example in the aviation sector through its pioneering sustainability initiatives. Once again, Turkish Airlines has been honored with the “Most Sustainable Flag Carrier Airline” award by World Finance, marking the prestigious recognition for the third consecutive year. Amid the significant challenges posed by the climate crisis to the aviation industry, Turkish Airlines stands out with its voluntary carbon offset platform CO2 mission, use of Sustainable Aviation Fuel (SAF), sustainable in-flight products, waste management practices, and the sustainable travel experience it offers to its passengers. Commenting on the award, Turkish…

Magenta Mobility, an integrated electric mobility solutions provider, has partnered with Tata Motors, India's largest commercial vehicle manufacturer, to deploy over 100 units of Tata Ace EV, including 60 units of Ace EV and 40 units of Ace EV 1000. This deployment is part of the MoU inked between the two entities in October 2023, which targeted 500 units of the revolutionary Tata Ace EV. The Ace EV, powered by an EVOGEN powertrain, offers a 7-year battery warranty and a 5-year comprehensive maintenance package. It features a 27kW motor with 130Nm peak torque, providing best-in-class pickup and grade-ability.  Commenting on…