Business Bureau

Toyota Kirloskar Motor (TKM) was awarded a 'Commendation for Significant Achievement' for its exceptional Corporate Social Responsibility (CSR) practices at the 18th CII-ITC Sustainability Awards. This is a testament to the company’s relentless social efforts and the robust framework for CSR governance and its successful implementation. TKM CSR activities were evaluated by the CII-ITC assessors under the defined parameters that included Learning &Innovation adopted across all its CSR projects. The company aligns its social initiatives with CSR parameters, conducting periodic internal assessments overseen by a board-level committee. This ensures objectivity, credibility, and compliance. Over the years, the company has implemented…

AUTOMAKER TOYOTA KIRLOSKAR Motor on Thursday said it plans to increase prices of select vehicles up to 1% from April 1, citing rising input costs and operational expenditures. In a statement, the company said it is planning to increase prices of certain grades ofits specific models effective April, 1 2024.

Samsung has introduced Galaxy AI features on its flagship devices, aiming to democratize mobile AI and increase its reach in India. The roll out is set to commence starting today and will be available across the Galaxy S23 series, S23 FE, Z Fold5, Z Flip5 and Tab S9 series. Aligning with the recently launched Galaxy S24 series, the update elevates the standard of users’ mobile AI experience. Galaxy AI features are now available to users of various Galaxy devices, including the Galaxy S23 series, S23 FE, Z Fold5, Z Flip5 and Tab S9 series, including Circle to Search, Live Translate,…

NSDC International has signed a Memorandum of Understanding (MoU)with Sub – Saharan African Skills & Apprenticeship Stakeholders Network (SASASNET) to develop the skill ecosystem across Sub-Saharan Africa countries. The partnership aims to address skill gap, promote workforce mobility, and propel economic growth in the region through collaborative initiatives and by facilitating the establishment of new Sector Skill Councils (SSCs), and sharing best practices of NSDC International on skills development strategies and lifelong learning initiatives. The MoU was signed betweenMr.Ved Mani Tiwari, CEO, NSDC and MD, NSDC International and Hon. Ousman Sillah, Secretary General, SASASNET. The partnership aims to drive skill…

As interest rates in India are poised to decrease in the coming months from the current approximately 7%, financial experts are urging individuals to seize the opportunity to invest in pension or annuity products. These products, exclusively offered by life insurance companies, guarantee a steady income for life, shielded from fluctuations in interest rates. Investing in annuity products now proves advantageous for retirees seeking financial stability. By locking in the current interest rate, individuals can secure a consistent income stream, ensuring financial independence throughout their retirement years.Consider the case of Mr. Prajapati, who faced a reduction in his monthly income…

Tata Passenger Electric Mobility Ltd. (TPEM) and Hindustan Petroleum Corporation Ltd. have signed an MOU to establish public charging stations across India. The collaboration will leverage HPCL's widespread fuel station network and TPEM's insights from over 1.2 lakh Tata EVs on Indian roads, to set up chargers at locations frequently visited by Tata EV owners. Additionally, HPCL will gather insights on charger usage to improve the customer experience. The partnership will enhance the experience of electric vehicle owners in India by exploring synergies and introducing a convenient payment system using a co-branded RFID card, aiming to encourage more people to…

Fake news in the digital age poses a significant threat to individuals, institutions, and industries, particularly brands, as it can damage reputation and consumer trust by entanglement in misinformation webs. Fake news factories exploit social media, click bait headlines, and viral content to spread false information efficiently. For brands in the palm oil industry, false accusations of deforestation and worker exploitation can lead to consumer boycotts and financial losses for palm oil brands. It's crucial to distinguish fact from fiction and recognize the positive contributions of sustainably produced palm oil. Palm oil is environmentally friendly and plays a vital role…

Nissan Motor has launched The Arc, a new business plan aimed at driving value and strengthening competitiveness. The plan includes a broad product offensive, increased electrification, new engineering and manufacturing approaches, adoption of new technologies, and strategic partnerships for global unit sales and profitability. Nissan aims for a 1-million-unit sales increase and a 6% operating profit margin by 2026. The company plans to launch 30 new models, including 16 electrified ones, by 2026, and refresh 60% of its ICE passenger vehicles by the same year. Nissan President and Chief Executive Officer Makoto Uchida said: “Faced with extreme market volatility, Nissan…

Flipkart's Shopsy, India's fastest-growing e-commerce platform, concluded its fourth edition of The Grand Shopsy Mela from 12-17 March, offering over 16 crore+ products with free delivery and great prices. This is the 4th edition of Grand Shopsy Mela and it clocked more than 2x surge in daily demand and new customers. Shopsy's largest shopping festival of the year experienced a 2x spike in customers and orders, with Tshirts, Saree, Bedsheets, and Kurtis being most in demand, and seller growth also increased. Catering to the remotest regions of the country, Shopsy witnessed increased customer demand in Tier 2 and Tier 3…

Federal Bank in its endeavor to expand its presence in the Northeast region of India is inaugurating 5 new branches. These branches are located in Bijoyanagar (Assam), Dharmanagar (Tripura), Karimganj (Assam), Kolasib (Mizoram) and Naharlagun (Arunachal Pradesh), marking a substantial step forward in the bank's commitment to serve the diverse financial needs of this region. Shyam Srinivasan, MD & CEO of Federal Bank, conducted a virtual inauguration in the presence of senior management, staff, and customers. The Bank would have opened 1500 banking outlets by 31st March 2024. Federal Bank aims to provide financial tools and resources to individuals and…