Business Bureau

The Embassy of India in Kathmandu marked Buddha Jayanti with a series of vibrant events in Lumbini, the birthplace of Lord Buddha. Collaborating with the Lumbini Development Trust and Lumbini Buddhist University, the celebrations featured an academic symposium on "Buddha Dharma and Global Peace," highlighting the enduring relevance of Buddha's teachings. The festivities included a captivating painting exhibition and a cultural evening. The centerpiece was the dance recital "Shweta Mukti – the Feminine Glory of Nirvana" by renowned Indian dancer Kavita Dwivedi and her troupe. Adding to the cultural tapestry, celebrated Indian vocalist Dr. Subhadra Desai performed soulful Bhajans and…

A collaborative effort between Japan International Cooperation Agency (JICA), Centre for Disaster Management and Research (CDMR), and the Indian Institute of Technology Guwahati (IITG) is set to fortify the disaster management capabilities of State Disaster Management Authority (SDMA) officials in India's North Eastern Region. This initiative, under JICA's training program, aims to equip officials with the latest global techniques for disaster prevention and mitigation. The North East, renowned for its picturesque landscapes, faces significant vulnerability to natural disasters including floods, earthquakes, and landslides. The region has endured numerous calamities, resulting in substantial loss of life and economic damage over the…

PBPartners, Policybazaar’s PoSP arm and a leading player in the Indian insurance market, hosted a PBPathshala event in Agartala. The event unveiled the company’s commitment to fostering innovation, technological advancement, and financial inclusion among its agent partners. By giving new insurance PoSP agent partners the chance to learn from the finest in the business and obtain real-world experience through hands-on training, this Pathshala program offers unparalleled mentorship. Bajaj Allianz Life Insurance conducted a special product training session at the Agartala Pathshala event, showcasing their latest offerings. PBPartners also recognized the outstanding contributions of the top-performing agent partners at this event.…

Samsung has announced the much-anticipated Galaxy F55 5G, marking a significant milestone in the Galaxy F series. This latest addition boasts a sophisticated vegan leather design, an immersive Super AMOLED+ display, and a robust Snapdragon processor, cementing its position as the pinnacle of smartphone innovation. The Galaxy F55 5G distinguishes itself with its sleek vegan leather finish back panel, a first in the F-Series portfolio. Designed for those with a taste for elegance, this smartphone combines aesthetics with functionality. Raju Pullan, Senior Vice President, MX Division, Samsung India, emphasized, "With Galaxy F55 5G, Samsung will be offering a classy vegan…

ICICI Prudential Life Insurance launched ICICI Pru Platinum, the Company’s first unit-linked product (ULIP) which aligns distributor payouts to their customers’ fund value – the distributor commissions are linked to their customers’ Assets under Management. This unique product incentivises distributors to encourage their customers to stay invested for the entire policy tenure. Notably, it offers customers a cost and tax-efficient route to build wealth over the long-term. The company offers value-based distributor payouts to encourage long-term investment behavior and unlimited free asset class switches without cost or tax implications. It offers various Protection and Savings products based on customers' life…

India experienced unusually scorching temperatures in April, with both small and large swathes experiencing heatwave conditions, according to the India Meteorological Department (IMD). Unfortunately, it seems 2024 is gearing up to be even hotter, building on last year's record-breaking temperatures. This trend isn't just a local issue; it's part of a global pattern that saw 2023 rank as the hottest year ever recorded. So, as the mercury climbs, staying cool and safe becomes more crucial than ever. Increased summer temperatures and heatwaves come with a unique set of challenges for people living with diabetes. Warm temperatures at times result in…

The market capitalization of Indian listed companies on NSE surpassed USD 5 Trillion (Rs 416.57 trillion) on May 23, 2024. On the same day, the Nifty 50 Index touched an all-time high of 22,993.60 The Nifty 500 index also touched an all-time high of 21,505.25 today indicating that growth in equity market is not restricted to only the large, capitalized stocks. Indian listed companies' market capitalization increased from USD 2 trillion in July 2017 to USD 3 trillion in May 2021, USD 3 trillion to USD 4 trillion in December 2023, and the latest USD 1 trillion addition in just…

ICICI Prudential Life Insurance has demonstrated exceptional prowess in the insurance sector, achieving a stellar claim settlement ratio of 99.17% for the fiscal year 2024. This remarkable feat solidifies the company's position as a leader in the industry, setting a new gold standard for claim settlement efficiency.One of the most impressive aspects of ICICI Prudential Life's performance is its swift turnaround time for settling genuine death claims, averaging just 1.27 days. This rapid response underscores the company's unwavering commitment to providing timely and reliable financial assistance to policyholders' families during their most challenging times. Throughout FY2024, the company maintained a…

In a significant step towards supporting the "Skill India Mission” and “Viksit Bharat 2047,” Toyota Technical Training Institute (TTTI) announced the exceptional performance of its students at the IndiaSkills Competition 2024, organized by the National Skill Development Corporation (NSDC).  Prem V won a gold medal in Additive Manufacturing, while Mohit M U, Harish R, and Nelson V won gold in the Manufacturing Team Challenge. Darshan Gowda C S and Bhanu Prasad S M won gold in Mechatronics, while Hemanth K Y and Uday Kumar B won silver in the same category. Rohan A S received a silver medal, and Mr.…

Eicher Trucks and Buses, a division of VECV Limited, has delivered 50 Eicher Pro 2119 trucks to STAR Cement and its associates in Guwahati. This is one of the largest single haulage orders received in the Northeast region for Eicher and underscores the company's commitment to providing reliable and efficient transportation solutions tailored for the cement industry in the region. Eicher Pro 2119 trucks with a GVW of 18.5Texcel in secondary distribution operations, making them ideal for the rigorous demands of last mile transporting cement. These robust vehicles will ensure efficiency and reliability, thereby offering a best-in-class performance. Eicher is…