Business Bureau

Bajaj Allianz Life has become the first insurer in India to go live with the Bima-Application Supported by Blocked Amount (Bima-ASBA) facility, aligning with the Insurance Regulatory and Development Authority of India’s (IRDAI) initiative to simplify premium payments and enhance policyholder convenience. Bima-ASBA allows customers to block a specified premium amount (up to ₹2 lakh) in their bank accounts via UPI’s One-Time Mandate (OTM). The funds remain in the customer’s account, earning interest, until the insurance company completes the underwriting process. If the policy is issued, the blocked amount is debited; otherwise, the funds are released within 14 days. Bajaj…

Tata Consumer Products Limited (TCPL) has unveiled Tata Tea Premium Care, a new premium tea variant infused with natural ingredients like Tulsi, Ginger, Brahmi, Elaichi, and Mulethi. This launch is part of TCPL’s commitment to premiumization and wellness, offering consumers a blend of strong chai with added health benefits. Designed for those who prefer kadak chai, Tata Tea Premium Care seamlessly blends taste and wellness. Puneet Das, President - Packaged Beverages (India & South Asia), TCPL, stated, “With Tata Tea Premium Care, we are elevating the everyday tea experience by incorporating the goodness of time-tested natural ingredients. As consumers become…

Tata Tea Gold, a premium blend of Assam’s valley-grown teas and aromatic highland long leaves, is making waves among tea lovers in Eastern India. Expertly crafted by Tata Tea’s master blenders, this luxurious mix promises a perfect balance of rich taste and irresistible aroma. Positioned as an ideal choice for a refreshing start to the day or a rejuvenating break, Tata Tea Gold is designed to cater to discerning consumers who appreciate quality. The tea is available at ₹300 for a 500-gram pack, making it a premium yet accessible option for tea enthusiasts. In Guwahati, a key hub for the…

E-commerce giant Flipkart is expanding its footprint in Assam by empowering local businesses, artisans, and entrepreneurs through digital platforms. At the Advantage Assam 2.0 Investment & Infrastructure Summit 2025, Flipkart reaffirmed its commitment to fostering economic growth and digital inclusion in the state. Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, highlighted Assam’s strong entrepreneurial base and the state government’s efforts under Chief Minister Himanta Biswa Sarma’s leadership. “Flipkart remains dedicated to providing local businesses with technology, tools, and market access to scale their ventures while generating employment,” Kumar stated. With over 1 lakh sellers from Assam on its platform,…

Globe Textiles (India) Ltd. has posted an impressive financial performance for the third quarter ending December 31, 2024, with a 53.7% surge in net profit and a 46.2% increase in revenue year-over-year. The company's strategic acquisitions, market expansion, and focus on sustainability have driven its strong growth momentum. For Q3 FY24, revenue rose to ₹15,159.21 lakhs from ₹10,367.19 lakhs in the same period last year, while net profit increased to ₹291.42 lakhs from ₹189.55 lakhs. The nine-month revenue stood at ₹42,397.79 lakhs, a 20.8% increase, while net profit grew by 56.6% to ₹943.55 lakhs. A key driver of this success…

SMFG India Credit has achieved a Guinness World Record for the Largest Cattle Welfare Lesson (Multiple Venues) with 517 participants across six locations in India. This milestone was part of the company’s 7th edition of PashuVikas Day (PVD)—the country’s largest one-day cattle care camp—held in 500 locations across 16 states, benefiting approximately 1,50,000 cattle and 40,000 cattle owners. Pashu Vikas Day 2025, themed “MeraPashuMeraParivar,” underscored the crucial role of livestock in rural livelihoods. With nearly 70% of India’s rural population dependent on agriculture and related activities, SMFG India Credit’s initiative reinforced its commitment to financial inclusion and rural welfare. Over…

udaan, India’s largest e-business-to-business (eB2B) platform, has reported significant growth in 2024, with a 70% increase in daily buyers and a 65% surge in revenue run rate. The platform delivered over 2.45 billion units of products, weighing more than 7 lakh metric tonnes, reinforcing its leadership in kirana commerce. The FMCG category witnessed an 85% year-on-year (YoY) growth, driven by a 50% increase in product orders by retailers. Private label brands saw an exceptional 250% growth in revenue run rate, reflecting rising demand for high-quality, value-driven products. Additionally, udaan deployed electric vehicles (EVs) in Bengaluru for last-mile delivery, marking a…

Bandhan Mutual Fund has introduced the Bandhan CRISIL-IBX 10:90 Gilt + SDL Index – Dec 2029 Fund, an open-ended target maturity index fund designed to provide investors with a structured and sovereign-backed investment opportunity. The fund comprises 90% State Development Loans (SDLs) and 10% Government Securities (G-Secs), offering a balance of stability and optimized returns. The New Fund Offer (NFO) opens on February 25, 2025, and closes on March 5, 2025. Vishal Kapoor, CEO, Bandhan AMC, highlighted the importance of investing in high-quality fixed-income instruments amid evolving market conditions. “This fund provides investors with liquidity and reasonable return visibility if…

Tata Power has signed a significant Memorandum of Understanding (MoU) with the Assam Government to develop up to 5000 MW of renewable and clean energy projects, including solar, wind, hydro, and energy storage. The agreement, signed at Advantage Assam 2.0, entails an investment of ₹30,000 crore over the next five years. The MoU was formalized between Dr. Krishna Kumar Dwivedi, Principal Secretary (Power), Government of Assam, and Dr. Praveer Sinha, CEO & MD, Tata Power, in the presence of Assam Chief Minister Himanta BiswaSarma. The Assam Government will facilitate the identification of 20,000 acres of encumbrance-free land and ensure necessary…

In a playful new teaser, cricket legend MS Dhoni and his wife Sakshi share insights into his youthful look, all thanks to Garnier Black Naturals. The banter-filled clip reveals how Sakshi takes credit for Dhoni’s hair color while Dhoni keeps his “Trusted Secrets” close. During the teaser, Sakshi shares how a recent interviewer marveled at Dhoni’s youthful appearance at 43, claiming he still looks like he’s in his 30s. Dhoni humorously credited his hair and beard color, with Sakshi quickly adding that she’s responsible for the touch-ups. When asked what product he uses, Dhoni flashed his signature grin and kept…