Business Bureau

Ashapuri Gold Ornament Ltd, a prominent gold jewellery manufacturer and wholesaler, is set to launch its Rs 48.75 crore rights issue on May 8, 2024. The funds raised through the issue will be utilised to meet the working capital requirements to fund company's expansion plans, entering new geographies and for general corporate purposes. The Company will issue 8,33,28,666 fully paid-up Equity Shares of the face value of Rs. 1 each. Right issue of the company are offered at a price of Rs. 5.85 per share – 57.45% discount to closing share price on 3rd May, 2024. Rights Issue closes on…

Samsung India has hosted a roadshow at IIT Guwahati Technology Incubation Centre (IITG TIC), and the Royal Global University at Guwahati where over 100 students demonstrated their intent to participate in Solve for Tomorrow to solve pressing global issues. Samsung Solve for Tomorrow is a national competition promoting innovation and problem-solving among the next generation through education and innovation. Students expressed their commitment to solving real-world problems like waste segregation, air pollution, weather unpredictability, poor air quality, water pollution, and traffic chaos, requesting a platform like Samsung's 'Solve for Tomorrow' to guide and support their ideas in transforming people's lives.…

India is undergoing a significant transformation in its approach to skill development through the National Apprenticeship Promotion Scheme (NAPS). Launched in August 2016, this ambitious initiative has emerged as a game-changer, bridging the gap between formal education and industry demands while addressing the pressing issues of youth unemployment and underemployment. The enrollment of apprentices has witnessed remarkable growth over the past few years. In the financial year 2018-19, the total number of enrolled apprentices stood at 35,333. The number of employees has increased significantly to 931,406 in the 2023-24 financial year, indicating a Compound Annual Growth Rate (CAGR) of 74.76%…

LUX, India's top beauty soap brand, celebrates its centenary in the industry, launched in 1924. With a legacy dating back to Hollywood's golden era starring iconic stars like Elizabeth Taylor, Audrey Hepburn, and Marilyn Monroe. From the timeless elegance of Hollywood to the modern-day allure of Bollywood and beyond, LUX has adorned millions' lives with its timeless elegance and modern-day allure. With ambassadors including Shah Rukh Khan, Virat Kohli, Anushka Sharma, Aishwarya Rai, Katrina Kaif, Shu Qi, Kareena Kapoor, Isyana Sarasvati, and Dilraba Dilmurat, LUX continues to symbolize beauty and femininity globally. Marking its 100th anniversary, LUX is thrilled to…

Kotak Mahindra Bank today announced its standalone and consolidated financial results for the fiscal year ended March 31, 2024, showcasing robust growth and profitability. The bank's standalone Profit After Tax (PAT) for FY24 soared to ₹13,782 crore, marking a substantial 26% increase over the previous fiscal year. In Q4FY24 alone, the bank reported a PAT of ₹4,133 crore, reflecting an 18% year-on-year (YoY) growth and a remarkable 38% quarter-on-quarter (QoQ) surge. The bank's Net Interest Income (NII) for FY24 witnessed a significant uptick to ₹25,993 crore, up 21% YoY, while operating profit for the fiscal soared to ₹19,587 crore, reflecting…

Yamaha enthusiasts in Shillong were treated to an electrifying experience as India Yamaha Motor Pvt. Ltd. (IYM) rolled out its much-anticipated "Call of the Blue" (COTB) Weekend event today at the Polo Parking Lot, Golf Link. With over 750 passionate Yamaha fans in attendance, the atmosphere was charged with excitement and anticipation. The event served as a platform for Yamaha aficionados to immerse themselves in the world of premium two-wheelers, showcasing the brand's latest models and cutting-edge technology. Activities such as the Gymkhana Ride and Wooden Plank Challenge allowed participants to demonstrate their riding skills and receive expert guidance for…

In a move set to revolutionize electric vehicle (EV) infrastructure in North East India, A Plus Charge and chargeMOD have announced a strategic partnership aimed at delivering over 1000 advanced charging solutions across the region. A Plus Charge, a prominent provider of EV charging solutions, has teamed up with chargeMOD, known for its cutting-edge charging technology, to establish a robust charging network in North East India. This collaboration capitalizes on A Plus Charge's expertise in deploying and managing EV charging stations, coupled with chargeMOD's innovative solutions. Samyak Jain, Founder & CEO of A Plus Charge, highlighted the immense potential for…

Navratna, the leading ayurvedic cool oil brand under Emami Ltd, is set to kick off a refreshing summer campaign, enlisting the comedic prowess of Kapil Sharma and his gang. In a bid to provide a cool escape from the scorching heat, Navratna Oil introduces a series of TV ads and digital content featuring Sharma alongside his quirky accomplices – Kiku Sharda, Gaurav Gera, and Sumona Chakravarti. Under the theme "Thandak Ka Badshah, Raahat Ka Raja," the campaign aims to tackle everyday chaos with a burst of laughter and relaxation. A two-minute champi (head massage) with Navratna Oil promises to leave…

Nissan Motor India Pvt. Ltd. (NMIPL) has reported robust wholesale figures for April 2024, indicating a promising start to the fiscal year. The company recorded consolidated wholesales of 3043 units, with domestic sales accounting for 2404 units and exports standing at 639 units.This achievement comes on the heels of Nissan Motor India's recent milestone of surpassing 30,000 sales for its popular model, the Nissan Magnite, for the third consecutive year. The Magnite has firmly established itself as a game-changer in India's automotive market, with its blend of design excellence and efficient production. Mr. Saurabh Vatsa, Managing Director of Nissan Motor…

Coca-Cola India's heritage brand Limca, India's favorite lemony drink, has launched a new campaign, #TravelWithLimca, featuring Triptii Dimri as the Limca girl, promoting the idea of discovering a world within our neighborhoods. The #TravelWithLimca campaign encourages people to discover new hotspots within their cities Conceptualized by Studio X, the campaign film takes viewers on a vibrant journey alongside Triptii Dimri as she embarks on a bus ride that takes her on a delightful city exploration. As the bus rattles through the streets, with the first sip of the ultimate thirst quencher, Limca, a layer of happiness envelops her, igniting a…