Business Bureau

In a celebration of innovation and entrepreneurship, Amazon India proudly announced Mirana Toys, Avimee Herbal, and Perfora as the triumphant champions of the Amazon Global Selling Propel Startup Accelerator Season 3. These dynamic startups seized a collective $100,000 grant from Amazon, marking a significant milestone in their journey towards global prominence. Mirana Toys, a trailblazer in merging digital technology with physical play through app-controlled augmented reality games, impressed judges with their innovative smart toy offerings. Avimee Herbal, founded by the venerable 85-year-old Radha Krishna Choudhary, affectionately known as Nanaji, captivated attention with its traditional Ayurvedic hair care solutions deeply rooted…

Bengaluru has emerged as the new battleground for the Season One finale of the CEAT Indian Supercross Racing League. Originally slated for Delhi, the adrenaline-fueled event will now take place in the heart of Bengaluru on February 25, 2024, promising fans an electrifying spectacle. The decision to shift the venue was driven by unforeseen circumstances, prompting the organizing committee to ensure a seamless and safe experience for all involved. Veer Patel, Director and Co-Founder of Supercross India Pvt. Ltd., expressed regret for any inconvenience caused by the change but emphasized the importance of prioritizing safety and logistical considerations. The prestigious…

Luminous Power Technologies continues to make strides in promoting sustainable energy solutions with its recent initiatives in North-East India. In a bid to strengthen its presence in the region, the company inaugurated an expansive warehouse in Silchar and hosted a successful dealer meet in Guwahati, Assam, on 15th February 2024. The dealer meet served as a pivotal platform for key stakeholders to engage in discussions surrounding energy solutions, particularly emphasizing the adoption of solar solutions in the region. With the inauguration of the 8500 sqft warehouse in Silchar, Luminous Power Technologies aims to enhance its logistical capabilities and support network…

ICICI Prudential Life Insurance has unveiled a groundbreaking retirement savings product, ICICI Pru Gold Pension Savings, designed to revolutionize retirement planning in India. This innovative offering provides a tax-efficient avenue for systematically accumulating a retirement fund while ensuring the safety of the invested capital. ICICI Pru Gold Pension Savings stands out as India's first pension product offering both the safety of invested capital and the flexibility of partial withdrawals to meet liquidity needs. Customers can withdraw up to 25% of their contributions after three years, empowering them to manage unforeseen expenses without jeopardizing their retirement savings plan. Moreover, the product…

Canara Robeco Mutual Fund, India's second oldest mutual fund, has launched the Canara Robeco Manufacturing Fund, an open-ended equity scheme aimed at leveraging India's potential as a manufacturing hub, and will be benchmarked against the S&P BSE India Manufacturing TRI. The NFO, opens on February 16, 2024, and offers a medium to provide a dedicated allocation to the manufacturing sector. The NFO will remain open until March 01, 2024. This fund is suitable for investors with a high-risk appetite, a 5-year investment horizon, and lower near-term liquidity needs, who prefer volatility and better risk-return tradeoffs. The fund will invest minimum…

Hilton has partnered with Indian actress, producer, philanthropist, and entrepreneur Deepika Padukone as a global ambassador, extending its first global marketing platform, 'Hilton. For The Stay,' in India, to highlight the importance of travel in the region. Deepika, a rising star in the Bollywood and Hollywood entertainment industries, has been recognized for her leadership in raising mental health awareness and being named in TIME's 100 Most Influential People in the World. Hilton has partnered with Deepika to expand in the Indian market, reaffirming the company's commitment to the dynamic Indian market. Deepika's resilience, innovation, and global outlook complement Hilton's mission…

Since January 2023, Nissan Motor India Pvt. Ltd.(NMIPL) and The Akshaya Patra Foundation (TAPF), India's largest non-profit organization, have collaborated to provide food and nutritional support to elementary school children in New Delhi's Government schools. This collaborative initiative, undertaken by Nissan Motor India and The Akshaya Patra Foundation, reflects a shared commitment to building a healthier future for the country by fostering a robust and educated human workforce. Nissan Motor India's School Meal Program, implemented in four Akshaya Patra kitchens in New Delhi, aims to improve food security, nutrition, attendance, dropout rates, and eliminate discrimination among children, in line with…

The Rs. 1,250 crore FDY Yarn expansion project at Garden Silk Mills Private Limited (GSMPL) marks the beginning of a period of rapid progress in the textile sector by The Chatterjee Group (TCG) under the leadership of its visionary Chairman, Dr. Purnendu Chatterjee. With its state-of-the-art manufacturing plant at Jolwa, producing high quality polyester chips, POY, FDY and other specialty yarns, and the iconic Garden Vareli brand having a contemporary collection of sarees and dress materials, the Chatterjee Group, that has investments of USD 8 billion globally, is truly creating the Garden of Tomorrow. TCG plans to become a key…

UTI Large Cap Fund, India's first equity-oriented fund, was launched in 1986 and has a 37-year wealth creation record. It is an open-ended scheme that focuses on large cap companies with competitive advantages in their respective fields. The fund follows the Growth at Reasonable Price (GARP) investment style, ensuring a reasonable price for stock purchases based on underlying earnings growth. The Fund seeks to invest in companies with strong fundamentals, controlled borrowings, consistent revenue growth, profitability focus, higher return on capital, and consistent operating cash-flows generation, enabling future expansion and avoiding share dilution. UTI Large Cap Fund has yielded a…

Samsung has announced the over-the-air (OTA) release of Galaxy AI features on its Galaxy Buds2 Pro, Buds2, and Buds FE. Users will now be able to unlock the full potential of Galaxy AI features such as Live Translate on Galaxy Buds series through the ‘Made in India’ Galaxy S24 series. The Galaxy S24 series offers real-time call translation through Live Translate, allowing users to converse via Galaxy Buds, and an AI-driven interpreter feature for seamless two-way, face-to-face interpretation through the Galaxy Buds interface. The Galaxy S24 series now allows users to speak directly into the Buds mic, enabling translated voice…