Business Bureau

5185 Posts
Swiggy opens IPO; price band set at Rs 371- Rs 390 per share

Swiggy opens IPO; price band set at Rs 371- Rs 390 per share

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…
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MG Windsor leads electric car market with record October sales

MG Windsor leads electric car market with record October sales

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…
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Bandhan Group acquires Genisys, ventures into global tech space

Bandhan Group, known for its financial services, has made a significant move into the technology sector with its acquisition of Genisys Group, a global IT and business process services company. This acquisition allows Bandhan Group to strengthen its global reach with new offices in the U.S., UK, and India, expanding its service portfolio to include digital transformation, data analytics, cloud services, and more, targeting various industries worldwide. Arvind Agrawal, Managing Director of Bandhan Financial Services, emphasized the strategic timing of the acquisition, noting the immense potential of IT-driven solutions to address modern business challenges, particularly in the BFSI sector. “The…
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Raise your cup to wellness: Tata Tea launches Gold VitaCare with essential vitamins

Raise your cup to wellness: Tata Tea launches Gold VitaCare with essential vitamins

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…
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JSW MG Motor India achieves record sales of 7,045 units in October 2024, driven by electric vehicle demand

JSW MG Motor India achieves record sales of 7,045 units in October 2024, driven by electric vehicle demand

JSW MG Motor India has announced remarkable sales figures for October 2024, reporting a total of 7,045 units sold, marking a significant year-over-year growth of 31% compared to October 2023. This surge underscores the growing consumer preference for electric vehicles (EVs), as New Energy Vehicles (NEVs) accounted for an impressive 70% of total sales, the highest among all passenger car manufacturers in India. A standout performer, the MG Windsor, the company’s first intelligent Crossover Utility Vehicle (CUV), debuted with 3,116 units sold in its inaugural month, securing its position as the top-selling passenger electric car for October 2024. This trend…
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Tata Tea Agni leaf celebrates Chhath Puja with unique Sikki Kala Mahotsav

Tata Tea Agni leaf celebrates Chhath Puja with unique Sikki Kala Mahotsav

Tata Tea Agni, a leading tea brand in Bihar and Jharkhand, is honoring Chhath Puja this year by highlighting the ancient art of Sikki Grass Craft. The campaign, designed to resonate with regional pride and cultural heritage, includes the launch of a limited edition festive pack series inspired by this intricate craft. To kick off the Chhath Puja festivities, Tata Tea Agni Leaf hosted the 'Sikki Kala Mahotsav' at City Centre Mall on November 4th and 5th, showcasing a stunning life-sized installation made from Sikki grass. This installation, crafted by local artisans, features figurines representing the four key days of…
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Tata Tea Gold VitaCare launches innovative campaign to combat Vitamin D deficiency

Tata Tea Gold VitaCare launches innovative campaign to combat Vitamin D deficiency

In a bid to tackle the alarming prevalence of vitamin D deficiency in India, Tata Tea Gold VitaCare has launched a groundbreaking print campaign featuring an acrylic mirror advertisement and an augmented reality (AR) face test. This initiative comes in conjunction with World Vitamin D Day and aims to raise awareness about vitamin deficiencies, particularly vitamin D, which affects approximately 70% of the population, according to a 2021 study published in the Journal of Nutritional Science. The campaign highlights the critical need for convenient wellness solutions, especially in urban areas where indoor lifestyles restrict sun exposure, hindering natural vitamin D…
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Mahindra unveils Electric SUVs, XEV 9e and BE 6e, set for World Premiere in Chennai

Mahindra unveils Electric SUVs, XEV 9e and BE 6e, set for World Premiere in Chennai

Mahindra & Mahindra is gearing up to debut two new electric SUVs, XEV 9e and BE 6e, under its Electric Origin brand at the Unlimit India World Premiere scheduled for November 26 in Chennai. These flagship models, built on the all-new INGLO architecture, signal Mahindra’s ambitious push into the electric vehicle (EV) market with designs that prioritize safety, performance, and sustainability. The INGLO platform embodies an Indian heart with a global outlook, boasting state-of-the-art technology and safety features. The XEV 9e focuses on redefining electric luxury, while the BE 6e promises athletic performance, combining Mahindra’s innovative engineering with intuitive and…
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Indian Embassy in Peru celebrates India’s new classical languages with cultural showcase

Indian Embassy in Peru celebrates India’s new classical languages with cultural showcase

The Indian Embassy in Lima, Peru, recently celebrated the recognition of Assamese, Bengali, Marathi, Pali, and Prakrit as classical languages by the Indian government, a move that now brings India’s total count of classical languages to eleven. This distinction was marked by a vibrant event, where both the Indian diaspora and distinguished Peruvian guests gathered to appreciate the cultural significance and historical roots of these languages. Indian Ambassador Vikas Sapkal opened the ceremony, underscoring the Indian government’s dedication to supporting regional languages through funding and research initiatives, aiming to promote and preserve linguistic heritage. Ambassador Sapkal emphasized that the recognition…
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Vi enhances Deepawali celebrations with exclusive rewards for subscribers

Vi enhances Deepawali celebrations with exclusive rewards for subscribers

This Deepawali, Vi is lighting up the festive spirit by offering its subscribers a chance to win rewards worth up to Rs 3,499. From now until November 3, customers can enjoy exclusive offers on the Vi App, enhancing their recharge experience during the festivities. As part of this initiative, subscribers who recharge through the Vi App will have the opportunity to spin a wheel for assured rewards, including additional data packs ranging from 1GB to 30GB, discount coupons from popular online platforms, and the coveted Rs 3,499 annual recharge pack. Participants can spin the wheel and answer a simple question…
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