Business Bureau

Samsung, India’s largest electronics company, announced a tie-up with quick-commerce platform Blinkit to deliver its recently launched Galaxy S24 series in India. Customers in Delhi-NCR, Bengaluru and Mumbai can order Galaxy S24 Ultra, Galaxy S24+ and Galaxy S24 smartphones on Blinkit and get the phone delivered in less than 10 minutes. Customers buying the Galaxy S24 series on Blinkit can avail an instant cashback of INR 5000 if the purchase is done through HDFC Bank credit card. Samsung is partnering with Blinkit to meet the high demand for its flagship S24 series in India, which has secured record pre-bookings, making…

Tata Motors Ltd. (TML) has released its results for the quarter ending December 31, 2023. Tata Motors Consolidated, TML delivered a strong performance in Q3 FY24 performance,with Revenue of 110.6K Cr (up 25.0%), EBITDA at 15.8K Cr (up 60.6%) and EBIT of 9.2KCr (+5.3KCr). All automotive verticals continued profitable growth. PBT (bei) improved by 4.4KCr to 7.6KCr, and net profit was 7.1KCr. JLR revenue increased 22% to £7.4b, driven by improved wholesales and reduced material costs, resulting in EBIT margins of 8.8%. CV revenue increased 19.2%, CV revenue increased by 19.2%, and PV revenues increased by 10.6%. In Q3 FY24,…

Hilton Metal Forging Ltd, leading steel forging manufacturer and distributor, is focusing on the railway forged wagon wheel market. With a capacity to manufacture 48,000 wheels annually, the company aims to meet the increasing demand in the replacement market. Company is also looking forward to bigger Railway Forged Wagon Wheel Orders in the near future through tender route. The company has become the first Indian MSME to produce Indigenous Forged Railway Wheels, having successfully developed and supplied railway wheels to the Indian Railways, thus enabling it to participate in Global tenders. In early 2022, a company started developing a specialized…

The announcement of Dr. Sitaram Jindal being conferred with the prestigious Padma Bhushan award resonates deeply with communities across India, celebrating not only his remarkable contributions to healthcare and education but also his profound impact on cultural heritage and community welfare. Dr. Jindal's journey from a small village in Haryana to the forefront of holistic healing embodies the rich tapestry of India's cultural diversity and resilience. His pioneering efforts in promoting Naturecure and Yoga as traditional healing practices have not only revitalized ancient knowledge but also fostered a renewed appreciation for indigenous therapies among modern communities. Moreover, Dr. Jindal's philanthropic…

The CEAT Indian Supercross Racing League (ISRL), a revolutionary franchise-based motorsport spectacle poised to become the fastest-growing league in India focusing beyond cricket. The league showcased the adrenaline-pumping journey with an explosive opening at the Pune race, mesmerizing over 9000 fans on the ground with live broadcast on TV and OTT. The company recently diluted its 3% stake to concentrate on promotion and on-ground activations, with a pre-season opening valuation of INR 350 crore. The goal is to reach the maximum audience and elevate the sport's status, the promoters are in conversation with private investors to dilute 2% of the…

QX Lab AI, a pioneering Artificial General Intelligence (AGI) company, has launched Ask QX, the world's first hybrid Generative AI platform. The platform is designed by Indian-origin founders and is available in over 100 languages, including 12 Indian languages. It is a one-stop shop that aims to empower Indians across the country and beyond, to seamlessly engage with GenAI every day in their preferred language. The launch of Ask QX marks the initiation of a significant movement toward inclusive and accessible AI advancement in India. Asked QX is built on a hybrid model of 30% Large Language Model (LLM) and…

TKM, the Deputy Managing Director for Corporate Planning, Finance & Administration and Manufacturing, expressed appreciation for the balanced budget presented by the Honourable Finance Minister for India. He added the budget focuses on fostering growth and strengthening India's position as a global hub for business. The fiscal discipline, with a glide path to bring the deficit to 5.8% of the GDP for FY24 and a target to lower it to 5.1% in the next fiscal, demonstrates a prudent approach to economic management.The capital outlay of 11.11 lakh crore rupees is aimed at infra development, focusing on airports, road networks, and…

Tata Motors Limited sales in the domestic & international market for January 2024 stood at 86,125vehicles, compared to 81,069units during January 2023.The total domestic sales increased by 6% from 79681 in January 2023 to 84276 in January 2024.The rate of decline for Domestic commercial vehicles in January 2024 and January 2023 was -3%, with a total of 30,643 vehicles sold in January 2024 as compared to 31694 in January 2023. The total sales of commercial vehicles in January 2024 and January 2023 were 32,092 and 32,780 respectively, indicating a -2% decline rate. Domestic sale of MH&ICV in January 2024, including…

Dr. Vinutha Arunachalam, an experienced Obstetrician, and Gynecologist at Apollo Hospital Chennai, discussed the advantages of laparoscopic surgery. Laparoscopic surgery avoids large open wounds or incisions, reducing blood loss, pain, and discomfort, minimizing unwanted effects from analgesia, avoiding tissue trauma, and reducing postoperative complications. Early mobilization also reduces rates of chest infection and deep vein thrombosis. Patients prefer small scars and laparoscopic surgery generates less postoperative anxiety related to self-image.In her media interaction, she also discussed infertility issues, stating that fertility decreases with age, particularly after the age of 35 due to lower egg quality and egg number. A woman…

The Dhaka International Film Festival concluded on January 29, with 'Bijoyar Pore' receiving the Special Audience Award at the closing event, a nine-day festival featuring 250 films from 72 countries, causing celebrations in Bengal's cultural circles. It is to be noted that two actresses, Mamata Shankar and Swastika Mukherjee, met Bangladesh Ganobhaban as representatives of the film 'Bijoyar Pore' at the invitation of the Honorable Prime Minister of Bangladesh, Sheikh Hasina, accompanied by Ms. Sharmila Tagore, a member of the festival jury board. Following its nomination in the Bengal Panorama category at the Kolkata International Film Festival, 'Bijoyar Pore', a…