Business Bureau

Kotak Mahindra Bank has announced its unaudited standalone and consolidated results for the quarter and nine months ending December 31, 2023. Kotak Mahindra Bank's standalone results show a 30% YoY increase in PAT for 9MFY24 and an 8% YoY increase in Q3FY24. Net Interest Income and Operating Profit increased, with customer deposits and customer assets increasing.  Unsecured retail advances stood at 11.6%, and the CASA ratio stood at 47.7%. Average current deposits and savings deposits grew, and TD sweep balance grew 13%. The bank's capital adequacy ratio was 21.2% and CET I ratio was 20.1%. The Bank's Consolidated PAT for…

Spree Hospitality inaugurates its latest jewel, Zip by Spree Hotels, in the picturesque city of Gangtok, Sikkim. This remarkable expansion underscores Spree Hospitality's commitment to delivering unparalleled experiences and setting new standards of luxury for its esteemed guests. Nestled on Tibet Road, Zip by Spree Hotels is a harmonious fusion of sophistication, efficiency, and contemporary comfort. Its strategic proximity to MG Marg enhances the overall guest experience, allowing easy exploration of the vibrant heart of the city. The hotel features a selection of spacious, state-of-the-art rooms, meticulously crafted to offer an exceptional stay. Each room harmonizes modern aesthetics with traditional…

Tide, the world's leading detergent brand, has joined forces with Bollywood icon Shah Rukh Khan to unveil the 'ASLI SRK – Stain Removal King.' The partnership heralds the launch of the NEW & IMPROVED Tide, featuring boosted stain magnets designed to tackle and eliminate deep-seated stains with unparalleled effectiveness. Over the past decade, Tide has consistently pushed the boundaries of laundry innovation, introducing solutions like Tide Matic Liquid and Tide PODS. The latest upgrade, with enhanced stain-fighting capabilities, addresses evolving consumer needs in the face of changing lifestyles, wardrobe choices, and stain incidents. King Khan, renowned for his pursuit of…

Flipkart, India's homegrown e-commerce platform, honoured the accomplishments of its sellers at the FlipStars 2023 event held at Siri Fort Auditorium, New Delhi in the presence of Shri. Bhanu Pratap Singh Verma, Hon’ble. Minister of State for Micro, Small and Medium Enterprises, Government of India,  Mr. Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, and celebrities/artists such as Mrs. Lara Dutta, Mr. Amit Trivedi hosted by Mr. Aparshakti Khurana. The FlipStars' Awards are an annual event honoring Flipkart sellers' achievements and success. Hosted by renowned celebrities, the event celebrates the efforts of over 750 sellers from across the country in…

The CEAT Indian Supercross Racing League (ISRL) has chosen EKA Arena (formerly The Arena/TransStadia Arena) as the venue for the inaugural Ahmedabad race. The Ahmedabad race is scheduled to take place on the 11th of February 2024, promising an adrenaline-fueled spectacle of Supercross racing at this state-of-the-art multi-purpose stadium. EKA Arena, a vibrant sporting venue in Ahmedabad, was completed and opened on October 7, 2016, through a public-private partnership between Gujarat's government and SE TransStadia, led by Udit Sheth. EKA Arena, with a main football configuration of 15,000 seats, is known for its versatility, allowing it to be partitioned into…

The Indian Government's agreement to explore five lithium blocks in Argentina will significantly reduce carbon emissions and decrease India's reliance on China for lithium import, marking a significant milestone in the country's energy transition. The Government of India has signed an agreement with Argentina for exploration and mining of Lithium. It is India's first lithium exploration and mining project consisting of five lithium brine blocks over an area of 15,703 hectares The central government said in a statement that, "This strategic move will not only strengthen the bilateral relations between India and Argentina, but it will also contribute to the…

Bollywood actor Palak Tiwari has been appointed as the brand ambassador for South Korean snack company Orion India's salty product line, Turtle Chipsin India. The popular Korean snack Turtle Chips is known for its 4X crunch because of its unique 4-layer shape, which resembles the shell of a tortoise. Palak Tiwari, as the face of the brand, takes center stage in their newest commercial, showcasing the Spicy Devil Flavour of Turtle Chips. Palak's bold and playful persona effortlessly aligns with the crunch and intense flavorof Turtle Chips, making her the ideal choice to represent the brand. The Spicy Devil flavor…

Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors, has launched its first pure electric vehicle, the Punch.ev. This innovative vehicle, based on the acti.ev architecture, offers cutting-edge technology, eco consciousness, and cost-effectiveness. Available in Smart, Adventure, and Empowered personas, it is elegantly packaged in a classical SUV design. Starting at an introductory price of INR 10.99Lakh, it will be available at Tata Motors showrooms and Tata.ev stores across India. The Punch.ev is a pioneering addition to TATA.ev's portfolio, embodying the transformative shift in the needs and lifestyle of the contemporary customer. It combines the reliability of the…

Samsung, India's largest electronics brand, has launched 'The Future Fest' to offer consumers exciting deals and cashbacks on its premium 55-inch and above big-screen televisions and get exclusive gifts like Galaxy S23 Ultra smartphone, Serif TV, and Soundbars with premium Neo QLED, OLED, QLED, and 4K UHD TV models. ‘The Future Fest’ is a great opportunity for consumers to upgrade to the future of cinematic audio-visual experience with Dolby Atmos,Neural AI Quantum Processor and AI Upscaling with enviable bundled deals this Republic Day. Starting January 31, 2024, Samsung is offering customers free gifts on big screen television purchases, including a…

Samsung, India's largest electronics company, has achieved record pre-bookings for its Galaxy S24 series, making it the most successful S series ever, with over 250,000 customers ordering the smartphone since pre-bookings opened on January 18. For comparison, Samsung had secured 250,000 pre-bookings for its Galaxy S23 series over a three-week period in India. The Galaxy S24 Ultra, S24+, and S24 smartphones are 'Made in India' and offer advanced communication features like Live Translate, Interpreter, Chat Assist, Note Assist, and Transcript Assist. The Samsung Keyboard's AI can translate messages in 13 languages, including Hindi. Android Auto automatically summarizes incoming messages and…