Business Bureau

The CEAT Indian Supercross Racing League (ISRL) 2024 is set to hold its rider auction in Pune on January 7th, 2024. This is the first Supercross series to transcend geographical boundaries, attracting champion riders to showcase their talent and allowing brands to participate in the high-octane excitement of off-road racing during its inaugural season. The auction pool will feature 104 riders, including 73 international racers and 31 Indian riders, with each team having up to 2 riders per category and a maximum of 48 slots available. The cumulative auction kitty in the Mega Rider Auction for season one totals INR…

PPL India is preparing to protect its vast collection of over 70 lakh songs ahead of the New Year and Christmas celebrations. The Delhi High Court (DHC) has delivered a decisive blow against copyright infringement, restraining entities from playing copyrighted songs controlled by PPL without the requisite license. As the 80-year-old powerhouse overseeing public performance rights, PPL India manages an impressive array of songs assigned by 400+ music labels, including industry giants like T-series, Saregama, Sony Music, Universal Music, Warner Music, Times Music, Speed Records, and more. The Delhi High Court has issued rulings that support PPL India, addressing unauthorized…

Delhivery Ltd, India's largest logistics provider, has successfully operationalized its largest mega-gateway in Bhiwandi, covering 1,200,000 sq ft. of land. The Bhiwandi trucking terminal combines automated hub, sortation, returns, and freight operations, handling Delhivery's parcel and part-truckload freight volume simultaneously. The automated gateway, with 196 docking stations, can handle over 8,000 tonnes of freight and 1600 daily vehicles. Its automation system, developed by Falcon Autotech, includes 1.8 km of integrated double-deck cross-belt sorters and over 5km of material conveyance systems. It can process over 32,000 shipments and 17,000 freight units per hour. Sahil Barua, Managing Director & Chief Executive Officer,…

Kotak Mahindra Bank Limited appointed Mr. Eli Leenaars (full name: Mr. Cornelis Petrus Adrianus Joseph Leenaars) as an Additional and Independent Director on the Bank's Board for four years, effective January 1, 2024, subject to statutory/regulatory requirements and other necessary requirements. Mr. Eli Leenaars, a successful leader with 35 years of experience in the financial services sector, has expertise in institutional and investment banking, asset management, corporate and retail banking, and life and general insurance. He is a respected expert on digital banking and global industry trends, managing businesses through mergers, acquisitions, corporate restructurings, strategic initiatives, and challenging financial environments.…

The Smart India Hackathon 2023, organized by the Ministry of Education, Government of India, and the Institutions Innovation Council at Manipal Institute of Technology, began with a grand inauguration ceremony, attended by Lt General Dr. MD Venkatesh, Vice Chancellor of MAHE, who delivered an inspiring address. The Smart India Hackathon 2023 promises to be an exciting platform for young innovators to collaborate, ideate, and develop transformative solutions that address real-world challenges. MIT, as one of the nodal centers, remains at the forefront of fostering innovation and excellence in education, contributing to India's development. Lt General Dr. Venkatesh acknowledged the potential…

Amazon India has signed a MoU with the Indian Coast Guard (ICG) to offer work opportunities to ex-service personnel, in line with its commitment to diversity, equity, and inclusion. The company values unique perspectives and fosters a culture conducive to growth. It provides equal access to opportunities and resources across all talent communities, including women, LGBTQIA+, military veterans, and the differently abled. Amazon India has launched multiple initiatives to bring diversity, equity, and inclusion into the workforce, aiming to empower individuals to unlock their full potential and achieve more. Amazon India launched a Military Veterans Employment program in August 2019,…

SEBI, along with NSE and BSE, has established an "Investor Service Centre" in Imphal to serve securities market investors in Manipur. The Centre was inaugurated by SEBI's Chief General Manager, Shri Santosh Kumar Sharma, on December 18, 2023, in the presence of NSE Regional Regulatory Head, Shri Debankur Majumdar, and other officials from SEBI, NSE and investors. The Investor Service Centre will handle investor complaints against listed corporate entities and securities market intermediaries, and will also facilitate state-wide investor awareness programs. Investors may make use of the services of Investor Service Centre located at following address as a single window…

Toyota Kirloskar Motor (TKM) has launched the 64th T-TEP institute at the Government Industrial Training Institute in Karaundi, Varanasi. The primary objective of this initiative is to enhance the skill set of students especially from rural areas, thereby enhancing their employability through the company’s unique training initiative namely Toyota Technical Education Program (T-TEP).The program was launched by Mr. Arun Kumar Yadav, Principal, Government Industrial Training Institute, Karaundi, Varanasi, Mr.Vikram Gulati, Country Head and Executive Vice President, Mr V. Wiseline Sigamani,General Manager, Strategic Business Unit, TKM, and Mr. Rahul Goenka, Dealer Principal, Rajendra Toyota. T-TEP is a year-long program for final-year…

SEBI, along with NSE and BSE, has established an "Investor Service Centre" in Shillong to serve securities market investors in Meghalaya. The Investor Service Centre managed by NSE was inaugurated by Shri Jeevan Sonparote, Chief General Manager, SEBI on December 20,2023 in the presence of Shri Krishnan Iyer, Senior Vice President of NSE, Shri Debankur Majumdar, Regional Regulatory Head (East) of NSE and other officials from SEBI, NSE and investors. The Investor Service Centre will facilitate resolution of complaints of investors against listed corporate entities and other registered intermediaries in the securities market and will also facilitate conducting of investor…

Vi, a leading telecom operator, has partnered with Gameloft, a renowned mobile video game developer, to provide a wide range of hyper casual games across various genres, including action, adventure, sports, and racing, to Vi users via the Vi Games app, offering popular titles like Danger Dash, Block Breaker Unlimited, Ludi Bubbles, and Asphalt Retro at no extra cost. Vi customers can easily explore this gaming bonanza by navigating through Vi Games section on the Vi App and diving into the Fun Games section. The Gameloft options on Vi Games have a fresh and easy to use look and feel…