Business Bureau

Tata Motors, India's leading automobile manufacturer, has launched its second Registered Vehicle Scrapping Facility (RVSF) in Bhubaneswar, Odisha. The facility, named 'Re.Wi.Re - Recycle with Respect,' was inaugurated by Smt Tukuni Sahu, Hon'ble Minister of Water Resources, Commerce & Transport, Government of Odisha. The advanced facility uses environmentally friendly processes and can safely and sustainably disassemble 10,000 end-of-life vehicles annually. Tata Motors' Empreo Premium partners with Empreo Premium to launch the RVSF, a sustainable initiative to scrap end-of-life passenger and commercial vehicles. At the launch of Tata Motors' Re.Wi.Re RVSF in Odisha, Smt Tukuni Sahu, Hon'ble Minister of Water Resources,…

JLR India reported its best ever Q1 sales performance with a growth of 102%, retailing a total of 1048 units, in the first quarter of FY24 compared to the same period last year. Range Rover, Range Rover Sport, and Defender sales experienced 209% growth, contributing 78% of the current order book and securing sustained demand. The order book for Q1 FY24 grew by 88% due to the launch of the New Range Rover and New Range Rover Sport, and the overwhelming response to the Defender. The current order book covers over six months of sales, with a consistent increase month-on-month.…

In collaboration with Viacom18, Royal Stag Boombox is a first-of-its-kind musical experience, where the melody of Bollywood meets the gully of hip hop, making way for the rise of a completely new genre of music.Music evokes emotions in people across generations, making it a significant passion pillar for Seagram’s Royal Stag. Celebrating the spirit of ‘Living it Large’ and having enthralled thousands of music lovers in Manipal, Bhubaneshwar, Pune, Indore & Dehradun with its unique on-ground experiences, Royal Stag Boombox enters its next phase with launch of 4 original music videos. The first original music track to be released is…

India's leading telecom operator Vi, in partnership with Apna, is offering over 10,000 international job opportunities for Bharat youth. The platform allows users to apply for lucrative positions in manufacturing, sales, business development, customer support, and logistics across countries like the UAE, Japan, Australia, and Canada.  Candidates with a Graduate degree, ITI certification, or a Specialized Diploma can apply for these opportunities. This unique proposition aligns with the government's vision to make India the skill capital of the world, taking advantage of the demographic dividend. To apply, candidates must have a relevant skill set and prior work experience in the…

The Government of India under the National Mission on Edible Oils-Oil Palm (NMEO-OP) has launched a Mega Oil Plantation Drive from July 25 to August 5, 2023. To commemorate this initiative, a roundtable was organized in Guwahati, attended by Godrej Agrovet Ltd, the Indian Institute of Oil Palm Research, The Solvent Extractors' Association of India, and the Solidaridad Network. They discussed the importance of oil palm cultivation in the Northeast and its potential to uplift farmers. Godrej Agrovet Ltd, a leading food and agri-business conglomerate, has been involved in an oil palm plantation in the region since 2006 and has…

Flipkart, India's e-commerce marketplace, has implemented 'Flipkart EDGE' initiative to strengthen MSME growth in the country. The policies aim to help businesses leverage online opportunities and improve the ease of doing business on the platform. These policies will enable the online seller ecosystem to embark on its next phase of growth, leveraging the immense potential of e-commerce. Flipkart Marketplace has introduced policy changes and tech capabilities for sellers, including pricing recommendations, promotions, rewards platforms, fulfillment support, speed initiatives, seller support experience guidance, and video commerce. These features help sellers make informed decisions based on consumer insights, buying behavior, and market…

India's G20 presidency is hosting the third Disaster Risk Reduction Working Group meeting in Chennai from July 24-26, 2023. The meeting focuses on promoting cooperation for a disaster-resilient future and deliberating on the draft Communiqué.During the inaugural session, the welcome address was delivered by Kamal Kishore, Chairman of, the Disaster Risk Reduction Working Group and Member Secretary, of the National Disaster Management Authority (NDMA). Principal Secretary to Prime Minister Mishra emphasized the importance of national and global efforts to reduce disaster risk effects. India's G20 Sherpa Kant emphasized the unity and cooperation of G20 countries in addressing water and resource…

Guwahati residents are willing to sacrifice luxuries for better health insurance coverage due to the COVID-19 pandemic, highlighting the importance of a health-focused lifestyle. Aditya Birla Health Insurance Company Ltd (ABHICL) reports that the pandemic has impacted behavior, such as technology usage, diet monitoring, and exercise routines. ABHICL's survey of 6600 respondents in 19 cities, including Guwahati, revealed increased health and wellness awareness post-COVID-19. 79% of respondents emphasized the importance of financial planning and health insurance, as healthcare costs have raised. The shift from reactive to proactive care emphasizes the need for adequate health insurance coverage and a shift from…

Amazon miniTV entered the Guinness World Records with the largest on-ground hip-hop dance activity during the premiere of its dance reality show 'Hip Hop India'. A total of 1870 dancers performed for over 5 minutes at Filmcity in Mumbai, with judges Remo D'Souza and Nora Fatehi, Amazon Advertising Head Girish Prabhu, and Nissan Motors India Head of Marketing Rajesh Srivastava. Special partners To the Culture and dancing crew Kings United led by Suresh Mukund choreographed the performance. Actor Nora Fatehi, a judge on Hip Hop India, praised the historic moment of setting a global record for the largest hip-hop performance.…

The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the unaudited standalone and consolidated results for the quarter ended June 30, 2023, at the Board meeting held in Mumbai.Kotak Mahindra Bank's standalone Q1FY24 results showed a 67% YoY increase in PAT (Price at Acquisition) to 3,452 crore, with net interest income (NII) increasing to  6,234 crore, and net interest margin (NIM) at 5.57. The bank's customer assets increased by 19% YoY to 3,37,031 crore, with unsecured retail advances at 10.7%.   The bank's CASA ratio stood at 49.0%. Average current deposits grew to 59,431 crore, with savings deposits…