Business Bureau

Shyam Metalics, India's leading integrated metal producer, organized a dealer meeting in Lataguri, near Siliguri, to recognize outstanding achievements and introduce new dealer-specific schemes and cutting-edge products in the North Bengal region. The meeting brought together 40 sub-dealers and 12 dealers to discuss the benefits of the products, unveil new schemes, build relationships, and identify needs. Shyam Metalics showcased its latest cutting-edge products, introduced lucrative schemes to reward dealers and motivate healthy competition, and aimed to tailor offerings to meet market demands. The meeting also facilitated meaningful interactions and discussions, fostering a connected and prosperous community within North Bengal. Aneesh…

Harley-Davidson X440, the first premium motorcycle co-developed by Hero MotoCorp and Harley-Davidson, has received positive customer bookings since its July 3rd launch. The motorcycle  is available in Denim, Vivid, and S variants at an introductory price of INR 2,29,000/- (Denim), INR 2,49,000/- (Vivid) and INR 2,69,000 (S) respectively. Bookings can be made online until August 3, 2023, with a booking amount of INR 5000/-. The company will close the online booking window on August 3rd 2023, as the test rides at national scale for the pre-booked customers will begin from September 1st 2023 onward. Hero MotoCorp will produce the Harley-Davidson…

Coca-Cola and ICC collaborate for 2023 ICC Men's Cricket World Cup. ICC and iconic beverage company sign four-year strategic partnership agreement, showcasing exciting collaboration. The partnership entails Coca-Cola becoming the exclusive non-alcoholic beverage partner of the ICC. Coca-Cola will utilize its global reach to connect with fans, promote unity, and instill sportsmanship through online and offline activations, engaging consumers with their favorite sports passion. Coca-Cola will engage in brand activations, social media campaigns, and promotions to win tickets to the ICC Men's Cricket World Cup 2023. The four-year agreement covers all ICC events worldwide, including the 2019 ICC Men's Cricket…

Bengaluru citizens will soon have smarter, safer, and greener public transportation with Tata Motors' smart electric bus. The prototype was flagged off by Shri Ramalinga Reddy, Minister of Transport, Dr. N.V. Prasad, Secretary to Government, Transport Department, and Ms. G Sathyavathi, Managing Director, Bengaluru Metropolitan Transport Corporation (BMTC). TML Smart City Mobility Solutions Ltd. and BMTC have signed an order for 921 state-of-the-art 12-metre low-floor electric buses for 12 years. Tata Starbus EV, an indigenously developed bus, offers sustainable and comfortable commutes with superior design and features.The Starbus EV is a top-of-the-line electric bus with advanced safety features and a…

The National Skill Development Corporation and ArcelorMittal Nippon Steel India have completed their inaugural training program for 800 young people, with 70% of trainees securing employment. The program focuses on digital and technology skills, providing participants with tools and knowledge for various industries. Over 60% of the 561 trainees secured jobs are women. NSDC and AM/NS India intend to build on the success of the programme by training another 800 people in the coming years. This will involve establishing three new skills development centers in Kendrapara, Sundargarh, and Keonjhar districts in Odisha, as well as a center in Dantewada in…

During 2021-22, edible oil prices were upward due to geopolitical factors like Indonesian bans, Ukraine war, and supply disruptions. However, since mid-June 2022, prices have fallen. In view of this, the Government of India has reduced import duties to 5.5% and implemented stock controls to regulate consumer prices. To provide consumers with the benefits of these lower global oil prices. Emami Agrotech Ltd, the edible oil and food-manufacturing arm of Emami Group lowered the MRP on its popular edible oil brands Emami Healthy & Tasty and Himani Best Choice by 35-40% since July 2022 consistently. The Company monitors the MRP…

Godrej & Boyce, the flagship company of the Godrej Group, in collaboration with WWF-India (Worldwide Fund for Nature-India) announced the Phase-4 of their “Magical Mangroves” conservation awareness campaign. The volunteer-driven campaign, launched in 2020, trained over 200 volunteers or Mangrove Ambassadors to sensitize over 27,000 citizens across 7 coastal states of India. Over the past three years, the campaign has reached millions of Indians through social media posts, capacity building, outreach, knowledge building, expert talks, competitions, and a robust social media campaign.The Magical Mangroves program, a WWF-India collaboration, encourages volunteers to raise awareness for mangrove forest protection and preservation, crucial…

Renault Nissan Automotive Pvt Ltd (RNAIPL) has manufactured 2.5 million cars at its Chennai facility, demonstrating manufacturing excellence over the past 13 years. The plant produces over 1.92 lakh cars annually, equivalent to one car produced every three minutes. Since its inception, the plant has manufactured 20 models of cars across Renault and Nissan. Spread over 600 acres at Oragadam, Chennai, and the Alliance plant has manufactured cars not only for the Indian market but has also played a vital role in establishing Chennai as a renowned international hub for automotive exports. RNAIPL exports over 1.15 million vehicles from Chennai's…

Wockhardt Ltd, a global pharmaceutical and biotechnology company, is aiming to turnaround its business operations by restructuring its US business, partnering with Serum for UK vaccine manufacturing, and conducting research in novel antibiotics. Q4FY23 saw 7% Yo-Y revenue growth and a three-fold jump in EBITDA to Rs. 47 crore. Wockhardt is restructuring its US operations, shutting down its Morton Grove manufacturing facility and transferring it to contract manufacturing organizations. The company aims to maintain a 40% gross margin and manufacture few higher-margin products through third-party manufacturing. Wockhardt is a leading R&D company with comprehensive antibiotic drug discovery programs, including Emrok,…

India's Prime Minister Narendra Modi attended the Environment and Climate Sustainability Working Group (ECSWG) Ministers' Meeting in Chennai, emphasizing the need to increase action on commitments under the UN Climate Convention and Paris Agreement.The ECSWG held a ministerial meeting with 300 representatives from countries and G20 members to discuss water resource management and climate change. The meeting aimed to build consensus on three thematic areas identified by the Indian Presidency: stopping land degradation, promoting a blue economy, and resource efficiency and circular economy. The main focus was to finalize a draft ministerial communiqué. Addressing the meeting, PM Modi said, “Today,…