Business Bureau

Bajaj Allianz Life Insurance, one of the leading private Life Insurance companies in India, has been nominated by Insurance Regulatory and Development Authority of India (IRDAI) as the lead insurer (for Life) for the state of Tripura, to improve insurance awareness and penetration across the state. A State Level Insurance Committee, constituted by IRDAI, state government, and insurers, began operations in Agartala. ICICI Lombard GIC Ltd., along with Bajaj Allianz Life, was nominated as the lead insurer in the Non-Life Segment. The State Level Insurance Committee aims to implement the State Insurance Plan, ensuring accessible insurance services for the uninsured…

Visa launched She's Next in India, a global program empowering women to fund, run, and grow their businesses. The program provides practical insights, networking, mentoring, and funding opportunities for women-led small businesses.The grants program will be open to applications from women-owned and women-led businesses from 14 July 2023 to 27 August 2023. Following a rigorous screening process, the shortlisted businesses will undergo a jury review. Of this, three women entrepreneurs (particularly small business owners) will be selected as winners for a grant of $10,000 each.   Commenting on the launch, Sandeep Ghosh, Group Country Manager, India & South Asia, Visa,…

Toyota Mobility Foundation and World Resources Institute India Ross are collaborating to release a study on multimodal mobility through the Station Access and Mobility Program (STAMP). The study, conducted in Nagpur, Delhi, and Bengaluru, presents findings and recommendations based on extensive research. TMF and WRI India collaborate to promote mobility through innovation, data-driven research, and stakeholder engagement. STAMP, launched in 2016, improves urban metro accessibility and alleviates congestion. Through evidence-based research, stakeholder capacity building, and innovation, they empower those impacted by mobility challenges. To commemorate this progress a White Paper on STAMP program will be released by WRIon's "Connect Karo…

The Namda craft in Kashmir is being revived through Skill India's Pilot Project, with nearly 2,200 candidates from six districts receiving training. Union Minister of State for Skill Development and Entrepreneurship, Shri Rajeev Chandrasekhar, has flagged off the first batch of Namda Art products for export to the UK. The Namda Project exemplifies PM Narendra Modi's Skill India vision, empowering people and creating new opportunities, as highlighted by MoS Chandrasekhar. The Namda craft initiative has trained 2,200 candidates in six districts of Kashmir, namely Srinagar, Baramulla, Ganderbal, Bandipora, Budgam, and Anantnag, preserving and empowering local weavers and artisans. The project…

Tata Motors and Jawahar Navodaya Vidyalaya are partnering to offer vocational courses for secondary and senior secondary students at 25 JNVs in Gujarat, Maharashtra, Jharkhand, West Bengal, Karnataka, Uttar Pradesh, and Uttarakhand. The program, launched in 2022, has already trained 2500 students and is expected to cover 5000 students this year.  Under this unique initiative, Tata Motors is utilizing its extensive expertise in the automobile domain to provide Automotive Courses (404 & 804) for vocational skilling to the students of JNVs. The course is offered to students in 9thto 12th grade and the curriculum and lab setup has been designed…

MG Motor India has launched an enhanced ZS EV with Autonomous Level-2 (ADAS) at a limited price of Rs.27.89 Lakh. This feature enhances the driving experience by providing assistance, control, and comfort. The futuristically designed SUV offers on-road appearance, driving convenience, and luxurious interiors. The MG ZS EV features Autonomous Level 2 (ADAS) technology with three sensitivity levels and three warning levels, enhancing driving experience and passenger safety. It offers Traffic Jam Assist, Forward Collision Warning, Speed Assist System, Lane Functions, and Adaptive Cruise Control. The 50.3kWh battery offers 17 ADAS features, allowing for up to 461 km on a…

Kia India celebrated the milestone of dispatching one million vehicles from its manufacturing facility at Anantapur by rolling out the first unit of its New Seltos. This celebration also marks the production commencement of New Seltos which is one of the most evolved, Safer, and Smarter SUVs to be available in India. This significant achievement underscores Kia's commitment to the Indian market and showcases the success of its strategic approach. Kia made its entry into the Indian market with the launch of the Seltos in August 2019, which quickly became one of India’s favorite SUV brands. In a record time…

The Finance and Central Bank Deputies (FCBD) meeting, co-chaired by Ajay Seth and Dr. Michael D. Patra, will take place from July 14-18, 2023 in Gandhinagar. The meeting aims to discuss major global economic challenges among G20 members and partner countries. On the first day of the meeting, the delegates deliberated on strengthening Multilateral Development Banks (MDBs) in a roundtable session. The focus of the meeting is to deliberate on the outcome document ahead of the New Delhi G20 Leaders’ Summit. The outcome document presents G20 Finance Track work streams and FMCBG's guidance for the 3rd meeting, scheduled for July.…

Bandhan Bank announced its financial results for the first quarter of the financial year 2023-24. In line with the bank’s diversification agenda, the bank’s retail loan book grew at a healthy 87%. The Banks share of retail to total deposits now stands at 71%. In this quarter bank has achieved a landmark milestone of tripling its branch presence in less than 8 years of its presence. In the same period, the total business has grown to more than Rs. 2.11 lakh crore. The Bank’s total business grew 11% year-on-year to reach Rs.2.11 lakh crore as on March 31, 2023. The…

Honda Motorcycle & Scooter India (HMSI), has launched the all-new, sporty, advanced, and convenient Dio 125 in India. The Honda Dio 125 is a sporty and stylish vehicle with a bold design, dual outlet muffler, and sporty exhaust note. It features a sporty front with a headlamp and sleek position lamps, and an edgy rear with a modern tail lamp and split grab rail. The engine is 125cc BSVI PGM-FI, boosted by eSP (Enhanced Smart Power), and features an idling stop system and sidestand indicator with engine inhibitor. The fully digital meter provides advanced information for a rich riding experience.…