Business Bureau

Kirloskar Oil Engines Limited (KOEL) launched its innovative Kirloskar Industrial brand at BAUMA 2024, showcasing groundbreaking engineering solutions across various critical sectors. The new brand emphasizes indigenous design-to-delivery solutions for industries including construction, mining, agriculture, firefighting, railways, defense, and marine. At the event, KOEL presented its advanced range of products, including fuel-agnostic engines, propulsion systems, and integrated digital systems. Highlighting its leadership in sustainable technology, KOEL introduced India’s first CNG-powered air-cooled engine and the country’s only 1100 HP engine for mining applications. These innovations reflect the company’s commitment to meeting the latest emission standards while ensuring superior performance and fuel…

Tata Starbucks has opened its first store in Gangtok, offering breathtaking views of the Kanchenjunga Mountain range from Sikkim’s tallest commercial building. The store, launched today, promises an exceptional coffee experience set against the city’s natural beauty. The menu features newly introduced Classics Hot and Cold Coffee, alongside Starbucks' renowned offerings like Vanilla Latte, Caramel Macchiato, and Java Chip Frappuccino, crafted with premium arabica beans. A selection of delectable food items, including Basil Tomato Sandwich and Roast Chicken Sandwich, complements the beverages. The store’s locally inspired, wood-accented interiors seamlessly blend the Starbucks coffee heritage with Gangtok’s scenic charm. Adorned with…

IndiaFirst Life Insurance Company Limited (IndiaFirst Life) has launched 18 new agency branches in less than three months under its strategic expansion initiative, #AgencyNirmaan. The move aims to strengthen its presence across India and enhance access to life insurance solutions for underserved communities. Rushabh Gandhi, Managing Director & CEO, IndiaFirst Life, emphasized the importance of this expansion, stating, “The growth of our Agency channel fortifies our presence while complementing our Bancassurance business. We aim to transform into a multi-channel distribution organization with plans to establish ~100 branches in the next two to three years.” SumeetSahni, President – Agency Channel, highlighted…

Vodafone Idea (Vi) has been recognized as the leader in 4G network experience across Assam and North East Circles, according to Opensignal’s November 2024 4G Network Experience Report. The report, which evaluates the mobile experience of 4G users, highlights Vi’s dominance in delivering superior data, voice, video, and gaming experiences. Vi's exceptional performance is especially notable across the diverse and challenging terrains of the Seven Sisters – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. The telecom operator stands out with the highest data speeds in the region, providing unmatched video and gaming experiences. Vi also leads in voice…

In a pioneering step towards reshaping India's skill development landscape, the National Skills Development Corporation (NSDC) has partnered with EON Reality, a global leader in AI-driven immersive education. This collaboration aims to empower one million learners across the country by integrating Spatial AI and Extended Reality (XR) technology into the learning process, significantly enhancing skill acquisition and knowledge retention. The partnership's first phase will target top-performing educational institutions and training centers, offering them academic and internship licenses. Unlike traditional approaches, the program adopts a “pull” strategy, focusing on innovators who are committed to integrating XR into their curricula. The initiative…

In a bid to bridge the skill gap and enhance employability across India, the National Skill Development Corporation (NSDC) has partnered with Unstop, a leading community engagement and hiring platform. This strategic collaboration is set to create a comprehensive ecosystem aimed at equipping the youth with the skills and opportunities they need to thrive in the competitive job market. The MoU signed today focuses on offering career opportunities, mentorships, skill-based finishing courses, and next-gen role-based assessments. The partnership will align industry needs with young talent through Sectoral Skill Councils (SSCs), providing pre-assessed candidates for employers to hire seamlessly. Ved Mani…

National Skill Development Corporation (NSDC) has signed a Memorandum of Understanding (MoU) with Juspay Technologies, a leading payments technology provider, to enhance payment infrastructure and solutions for skill development initiatives across India. The MoU was signed today at NSDC’s headquarters by Shreshtha Gupta, CTO NSDC, and Ishan Sharma, Head, Business at Juspay, in the presence of Ved Mani Tiwari, CEO NSDC and MD NSDC International, Rajesh Swaika, CFO NSDC, and Malyada Goverdhan, Head - B2G Partnerships, Juspay. As per the MoU, Juspay will provide a robust and scalable payment orchestration platform tailored to the needs of NSDC, enabling seamless transactions across…

Aadhar Housing Finance Ltd. is taking significant steps to make homeownership more accessible for Kolkata residents through the PradhanMantriAwasYojana – Urban 2.0 (PMAY-U 2.0). The company is organizing a "PMAY Utsav& Spot Sanction Camp" from December 12th to 15th, 2024, at their branch office in Kolkata, aimed at providing seamless access to home loans under the government’s affordable housing initiative. This camp is expected to benefit not only Kolkata residents but also people from nearby cities such as Barackpore, Asansol, Durgapur, and Burdwan. Aadhar Housing Finance, which has a strong presence in Eastern India with 15 branches, is dedicated to…

In a landmark achievement, Alipurduar district of West Bengal has been declared Cataract Blindness Backlog Free, an accomplishment made possible through the steadfast collaboration of Sightsavers India and the Alipurduar District Health and Family Welfare Department. This declaration is a landmark in our active contribution towards eliminating avoidable blindness, setting a new benchmark in public health. The event was presided over by the Honourable Additional District Magistrate of Development Alipurduar, Shri Gorai; Chief Medical Officer of Health, Alipurduar, Dr. Sumit Ganguly; District Inspector of School, Shri A Karim; and Mr. RN Mohanty, CEO of Sightsavers India. The district's blindness prevalence…

Nissan Motor Co., Ltd. has annonced a series of senior management appointments as part of its ongoing efforts to restructure and strengthen the company’s operations. Effective January 1, the changes aim to address current challenges and streamline operations for greater efficiency and resilience. Stephen Ma, Nissan’s current Chief Financial Officer (CFO), will assume the role of Chairperson for the Management Committee of China. With deep knowledge of the Chinese market, Ma will drive the region's strategy and enhance local operations. JeremiePapin, previously Chairperson for the Americas, has been appointed as CFO, bringing extensive experience in finance and strategy. Christian Meunier…