Business Bureau

NSDC International, a subsidiary of the National Skill Development Corporation (NSDC), has signed a Memorandum of Understanding (MoU) with Talent Corporation Malaysia Berhad (TalentCorp). This agreement, signed at Kaushal Bhawan, aims to revolutionize Malaysia's talent ecosystem and strengthen bilateral relations between India and Malaysia.The MoU was formalized by Shri Ved Mani Tiwari, Managing Director and CEO of NSDC International, and Mr. Thomas Mathew, Group CEO of TalentCorp. The event saw the presence of notable dignitaries, including Shri Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship, and YB Steven Sim Chee Keong, Minister of Human Resources for Malaysia. Shri…

Axis Mutual Fund has announced the launch of its Axis Consumption Fund, a thematic equity scheme targeting India's burgeoning consumption sector. With the New Fund Offer (NFO) open from August 23 to September 6, 2024, the fund offers investors an opportunity to tap into India’s rapidly evolving consumer market, driven by rising incomes, urbanization, and a growing middle class. The Axis Consumption Fund, benchmarked against the NIFTY India Consumption TRI, will be managed by a team of experienced fund managers, including Mr. Hitesh Das, Mr. Shreyash Devalkar, and Ms. Krishnaa Narayan. The fund seeks to build a diversified portfolio encompassing…

CEAT, India’s premier tyre manufacturer, hosted the 26th edition of the CEAT Cricket Rating (CCR) Awards, celebrating cricketing brilliance across the globe. The prestigious event, held in Mumbai, brought together cricket legends and enthusiasts to honor outstanding performances in international and domestic cricket. Rohit Sharma was named CEAT Men’s International Cricketer of the Year, while Deepti Sharma was awarded CEAT Women’s Indian Bowler of the Year. Legends like Virat Kohli, who was recognized as Men’s ODI Batter of the Year, and Rahul Dravid, who received the Lifetime Achievement Award, highlighted the evening. The awards also acknowledged emerging talents, such as…

super.money, a credit-first UPI service platform backed by Flipkart Group, has officially launched its app after a successful beta phase. During the beta testing, the app garnered nearly one million downloads and facilitated over 10 million transactions, reflecting significant user adoption. The platform’s initial offering includes UPI transactions through RuPay cards and bank account linkage. super.money also completed testing of its innovative "credit on UPI" solution and initiated a waitlist for users eager to access this feature. This solution, featuring a RuPay credit card operating like an interest-bearing wallet on UPI, is being touted as a global first. super.money aims…

Škoda Auto India has officially named its forthcoming compact SUV ‘Kylaq,’ marking a historic moment as the name was chosen through the country’s first-ever national ‘Name Your Škoda’ campaign. This initiative, which began in February, engaged over 200,000 participants, reflecting a strong public interest and involvement in the brand's major launch. The winning name, Kylaq, emerged from a shortlist of 10 finalists and aligns with Škoda’s tradition of using names that start with ‘K’ and end with ‘Q.’ Derived from the Sanskrit word for crystal and inspired by Mt. Kailash, Kylaq symbolizes clarity and strength, embodying the SUV's pristine qualities.…

Bandhan Mutual Fund has announced the launch of its new investment vehicle, the Bandhan BSE Healthcare Index Fund. This open-ended mutual fund aims to provide investors with targeted exposure to India's burgeoning healthcare sector by tracking the BSE Healthcare Index, which includes stocks from pharmaceuticals, hospitals, diagnostics, biotechnology, and medical equipment industries. The New Fund Offer (NFO) for the Bandhan BSE Healthcare Index Fund opens today, August 21, 2024, and will remain available until September 3, 2024. Investors can subscribe through licensed mutual fund distributors, online platforms, or directly via the Bandhan Mutual Fund website at https://bandhanmutual.com/nfo/bandhan-bse-healthcare-index-fund/. Vishal Kapoor, CEO…

North East Small Finance Bank (NESFB) is gearing up for a dynamic expansion with a major recruitment drive, aiming to hire over 30 Branch Heads throughout the Northeast. This ambitious initiative will enhance NESFB’s presence in Assam, North Bengal, Arunachal Pradesh, and Meghalaya, marking a significant step towards revolutionizing financial mobility in the region. This recruitment effort is not merely about increasing headcount but is a strategic move to lead the evolution of regional banking. NESFB seeks visionary banking professionals who are ready to embrace and drive forward-thinking financial solutions. The application process is designed to be user-friendly, with candidates…

MG Motor India has teased a groundbreaking feature of its upcoming MG Windsor, the country’s first Intelligent Crossover Utility Vehicle (CUV). In a newly released video, the brand showcased the 'Infinity View Glass Roof,' a first-in-segment innovation that promises an unparalleled driving experience. This expansive glass roof seamlessly integrates the vehicle’s interior with the outdoors, offering passengers a panoramic and immersive view, whether navigating city streets or scenic countryside. The MG Windsor’s Infinity View Glass Roof is more than just a visual treat—it enhances the sense of space and airiness inside the cabin, making every journey a luxurious experience. This…

In a spectacular announcement marking its diamond jubilee, Femina Miss India 2024 has revealed the state winners who will vie for the prestigious title at the grand finale. Co-powered by Tops and Rajnigandha Pearls, this historic 60th edition of the pageant is set to spotlight India's emerging beauty icons and provide them a platform to represent the country at the 73rd Miss World competition. The nationwide selection process for the pageant was extensive, spanning five months and encompassing online screenings and regional auditions in six major cities: Delhi-NCR, Kolkata, Guwahati, Bengaluru, Mumbai, and more. Thousands of contestants competed for their…

The National Company Law Tribunal (NCLT) has approved the merger of North East Small Finance Bank (NESFB) with slice, a prominent consumer payments and lending company in India. The NCLT's Guwahati bench sanctioned the Scheme of Arrangement and Amalgamation, which involves several entities, including NESFB, slice, and their parent companies. This merger is a strategic move that combines NESFB's grassroots banking expertise with slice's digital prowess, aiming to enhance financial services across India. The merger follows essential approvals from the Competition Commission of India (CCI), Registrar of Companies (RoC), Regional Director (RD), and no-objection certificates from the Reserve Bank of…