Business Bureau

Tata Motors is unveils the One Million Plantation initiative in the tribal interiors of Maharashtra, aiming to transform the local economy. This ambitious project aims to sow saplings of hope for local communities in the Palghar district. To date 1.5 million fruit and forest saplings have taken root, covering 13,000 acres across eight blocks, breathing life into once-barren land. The company plans to plant an additional one million trees within the next three months to preserve biodiversity and alleviate distressed farmer migration. Tata Motors supports sapling costs through a collaborative model, with BAIF Institute for Sustainable Livelihoods and Development (BISLD)…

Amazon India announced the expansion of Amazon Fresh, its full-basket grocery service of wet and dry groceries including fruits, vegetables, chilled products, beauty, baby, personal care, and pet products among other daily grocery needs, to 130+ cities. Amazon Fresh Sellers source fruits and vegetables from over 11,000 farmers and ensure the quality of the produce through a ‘4-step quality check’. Customers in 130+ cities like Ambala, Aurangabad, Hoshiarpur, Dharwad, Una, Suri, and others will enjoy great savings and avail exciting deals from Amazon Fresh sellers and bank partners while building their weekly/monthly basket. Amazon Fresh provides a user-friendly grocery shopping…

Tata AIA Life Insurance Co. Ltd., a leading Indian life insurer, has announced a bonus of INR 1,465 crores for Participating (PAR) policyholders for the 2024 financial year. The bonus payout announced is the highest ever paid by the Company, showcasing an increase of 24%overthe INR 1,183 crore bonus announced in FY23. Tata AIA's strong investment management capabilities and robust risk management practices have consistently resulted in higher bonuses for participating policy holders. This is also one of the reasons that the company enjoys the trust of its consumers, as they continue to renew their policies. Tata AIA achieved industry-leading…

Diageo India (United Spirits Ltd.) supported the construction of an Elder Care Home, TAPOVAN in Sonitpur, Assam, in collaboration with Bharat Cares and Government of Assam. The Elder Care Home was inaugurated by Shri. Himanta Biswa Sarma, Honourable Chief Minister of Assam. Also present at the ceremony were Shri Deba Kumar Mishra, District Commissioner - Sonitpur, Shri. Prithviraj Rabha, MLA-Tezpur, Dr. Lakshmi Goswami, President of Indian Council for Child Welfare (ICCW) - Tezpur, along with senior government officials, prominent individuals from Tezpur and members from the Diageo India and BharatCares. At the event Ashish Parikh, EVP &Chief Operating Officer, Diageo…

Marico Innovation Foundation (MIF) is accepting applications for the 10th edition of its 'Innovation for India Awards', a prestigious initiative promoting India's innovative spirit. Established in 2006, this prestigious platform in India recognizes and supports innovative ideas that can significantly positively impact social, environmental, and economic sectors. Celebrating this milestone 10th edition, the foundation reflects on a legacy of fostering innovation and looks forward to continuing its mission of catalysing transformative change. The application process, which runs from June 17 to July 17, 2024, is open to innovators. The 10th edition of the awards will highlight innovations in two categories:…

KBC Global Ltd., a prominent player in the construction and real estate development sector has been awarded a significant subcontract worth approximately US $20 million by CRJE (EAST AFRICA) Ltd. CRJE is a modern enterprise with a rich history in constructing railways and five-star hotels across Africa. This substantial contract focuses on the civil engineering segment of soft infrastructure and represents a major milestone for KBC Global. The contract was secured through KBC Global’s wholly-owned Kenyan subsidiary, Karda International Infrastructure Limited, underscoring the company’s expanding footprint in the African market. KBC Global has been awarded a contract to contribute to…

International Yoga Day, celebrated annually on June 21st, promotes yoga's holistic approach to health and well-being, aiming to increase awareness about the benefits of incorporating yoga into daily life. To maximize the benefits of yoga, it is essential to maintain a balanced, clean, and healthy diet. Such a diet includes seasonal fruits and vegetables, leafy greens, whole grains, pulses and nuts like almonds, all of which play a vital role in maintaining overall health and well-being. Almonds, in particular, contain 15 essential nutrients, including protein, zinc, magnesium, phosphorus, calcium and vitamin E. Almonds are a rich source of essential nutrients,…

North East Small Finance Banks (NESFB) has increased its fixed deposit (FD) rates to 9.75%, marking the highest interest rate in the country. This 50 basis-point increase demonstrates the bank's commitment to providing the most valued return to its customers. NESFB is altering the landscape of savings growth by offering rates as high as 9.25% for the general public and 9.75% for senior citizens. NESFB’s revised FD rates offer the highest rates across the banking sector. This increase in fixed deposit rates gives customers, particularly senior citizens, the potential to earn inflation-beating returns on their fixed deposits. Given the high…

Škoda Auto India has introduced a new pricing strategy for its popular models, the Kushaq and Slavia, aimed at enhancing accessibility and value for customers. The revamped lineup now starts at an attractive ₹10.69 lakh, reflecting a strategic move to make the brand more competitive in the Indian market. Under this initiative, Škoda Auto India has rebranded the variants of Kushaq and Slavia as Classic, Signature, and Prestige, with additional models like Onyx and Monte Carlo catering to different customer preferences. The pricing adjustment applies across all engine and transmission options, offering potential savings of up to 10% depending on…

Bahwan CyberTek (BCT), proudly announced the availability of its transformative rt360 Suite on Temenos Exchange, a partner ecosystem of fintech solutions. The rt360 Suite, renowned for its regulatory technology, offers a range of products for transforming risk and compliance processes across various domains like Credit Risk, Enterprise Risk, Model Risk, and Sustainability. The rt360 Suite on Temenos Exchange heralds a significant milestone, positioning BCT as a solutions provider on this prestigious platform, which can be harnessed by Temenos customers worldwide. BCT’s strategic agreement (signed in 2022) with Temenos will scale operations in India, Sri Lanka, Nepal & Bhutan, pave the…