Business Bureau

Flipkart Grocery is setting new standards in the e-commerce industry, achieving a notable 1.6X year-on-year growth. This success story is an excellent case study in blending innovation, customer satisfaction, and sustainability. Flipkart stands out as the only e-commerce platform providing next-day delivery in over 200 cities, covering major metros like Bangalore, Chennai, Kolkata, Mumbai, and New Delhi, as well as tier 2+ towns such as Anantapur, Berhampore, and Vellore. This expansive reach is supported by value offerings, convenient delivery slots, and a diverse selection of fresh groceries, appealing to a wide range of customers. The key to Flipkart’s success lies…

Oriflame, the Swedish wellbeing brand, has appointed Edyta Kurek as its first female head in India. This strategic leadership move aligns with the company's mission to empower the next generation with wellbeing and financial independence. At a two-day seminar at the Jio Centre in Mumbai, Oriflame showcased its commitment to micro-entrepreneurship and sustainability. Over 1,200 brand partners celebrated the success of Oriflame's social selling model, which equips individuals with essential skills and training."Our social selling model empowers individuals to achieve both wellbeing and financial freedom," said Edyta Kurek, Senior Vice President and Head of India and Indonesia. "We are fostering…

Blum India has inaugurated its first-ever Experience Centre in the Northeast, located in the vibrant city of Guwahati. The centre, opened in partnership with Jain Interior Solution, marks a significant expansion in Blum’s national footprint. The grand opening event saw the presence of Mr. Nadeem Patni, Managing Director of Blum India, and Mr. Ravi Jain, Owner of Jain Interior Solution. They emphasized the importance of their collaboration in enhancing the furniture experience in the region. Mr. Patni highlighted the untapped potential of the Northeast, stating, "The Northeast region of India holds significant geostrategic importance, and the ongoing economic advancement in…

PeepalCo's latest offering, Lemonn has launched Mutual Fund investment service on the app to help new investors diversify their investments. This marks a significant step towards the company’s goal of evolving into a comprehensive wealth-tech player. Lemonn allows users to directly invest in mutual funds at a commission-free rate starting at INR 100, and track their investments on third-party apps using the Portfolio Import feature. The app offers schemes from over 40 fund houses, including major AMCs such as HDFC, SBI, Axis, to name a few. Only a week prior, the platform introduced Futures and Options (F&O) trading with zero…

Byatikram MASDO, the pioneering socio-cultural organization headquartered in Assam, is set to inaugurate the highly anticipated "Byatikram Education Conclave" at the prestigious Dhaka Club in Dhaka, Bangladesh, on June 10th, 2024. Backed by a coalition of influential partners including the Assistant High Commission of Bangladesh in Guwahati, JIS University, Friends of Bangladesh, and Tarun IAS, this event marks a strategic milestone in fostering corporate engagement and educational collaboration across borders. The conclave serves as a strategic platform for universities and educational institutions from Eastern India and Bangladesh to forge meaningful partnerships, exchange knowledge, and explore avenues for joint initiatives. By…

Upstox, a leading wealth management platform in India, has announced its expansion into the insurance distribution sector. Upstox, known for its stock, F&O, and mutual fund offerings, has expanded its wealth-building platform with the introduction of Insurance. Today, Upstox is a one-stop-shop for a wide array of financial instruments including Stocks, IPOs, F&O, Commodities, Currencies, Fixed Deposits, P2P Lending, Government Bonds, T-Bills, NCDs, Gold, Insurance and much more. Upstox is launching a platform to revolutionize India's insurance market by providing a simplified, transparent, and customized insurance experience. The platform currently offers Term Life Insurance and plans to roll out Health,…

The Oil and Natural Gas Corporation (ONGC) has announced its financial results for the fiscal year 2023-24, marking historic achievements in profitability and dividend payouts. In its 380th Board of Directors meeting held on May 20, 2024, ONGC declared its highest-ever standalone net profit of Rs 40,526 crore for FY’24, alongside its highest-ever consolidated net profit of Rs 57,101 crore. The company also declared a total dividend of Rs 15,411 crore for FY’24, an unparalleled milestone in its financial history. The fiscal year witnessed a remarkable performance with ONGC making significant strides in various operational aspects. Notably, the company reported…

The IndiaSkills National Competition 2024 concluded with a spectacular ceremony at Yashobhoomi, Dwarka, showcasing the exceptional talent of young participants from across the nation. Over the course of four days, from May 15th to 19th, more than 900 candidates from 30+ states and Union Territories competed in 61 diverse skills, ranging from traditional trades like Bricklaying and Carpentry to new-age technologies such as 3D Digital Game Art and Cloud Computing.The event culminated with the announcement that 58 top performers across 52 skills will represent India at the WorldSkills Competition in Lyon, France, scheduled for September 2024. Odisha led the medal…

United Breweries Limited (UBL), a subsidiary of the HEINEKEN Company, has announced the introduction of Queenfisher Beer to the markets of Assam and Meghalaya. Following a successful debut in Goa earlier this year, Queenfisher aims to celebrate the essence of sisterhood and inclusivity in these new territories. The official launch event took place on May 18th at Exotica Green in Guwahati, marking the expansion of the Queenfisher brand. Attendees were treated to an unveiling of the brand's iconic calendar, now dubbed The Galendar, which showcases real-life stories of women captured by photographer Avani Rai. Each page of The Galendar features…

Kotak Mahindra Bank Limited has appointed Ms. Ketaki Bhagwati as an Independent Director on the Bank's Board for four years, effective May 18, 2024, subject to the approval of the Bank's members. Ms. Ketaki Bhagwati, with over three decades of experience in the banking and financial services industry, is being welcomed to the Bank's Board of Directors. The Board anticipates working with her and benefiting from her guidance in key business segments in the coming months and years. Ms. Bhagwati is an Independent Director and Senior Advisor, focusing on strategy, business development, operations, governance, financial, credit, and risk management. Ms.…