Business Bureau

HDFC ERGO General Insurance Company has been authorized by the Government of Tripura to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loanee and non-loanee farmers in the districts of Dhalai, Gomati, Khowai, South Tripura, Sepahijala, West Tripura, Unakoti and North Tripura for the Kharif season 2023. The scheme will be implemented for the Aush Paddy and Aman Paddy crops. The details of the insurance cover will be available on the website of the Department of Agriculture. PMFBY scheme insures farmers against any losses in crop yield arising out of a wide range of external risks such as draught,…

ICICI Bank announced a commitment to contribute Rs 1,200 crore towards Tata Memorial Centre (TMC), a premier institution that runs cancer treatment and research centres across the country. ICICI Bank will donate the money from its CSR funds to set up three new buildings and equip them with state-of-the-art machines at TMC’s centres at Navi Mumbai in Maharashtra, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh. With the largest contribution from any institution to TMC, ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, will implement the initiative, which is likely to be completed by 2027. With modern equipment…

Jaguar Land Rover has unveiled its new corporate identity as part of its move to a House of Brands organisation. It aims to remove ambiguity and bring to the fore the unique DNA of each of JLR's brands, Range Rover, Defender, Discovery and Jaguar, as well as accelerate the delivery of the company's vision to be Proud Creators of Modern Luxury. The creative process behind the new identity focused on elegance, modernity and a forward-thinking essence. The descending j aspires to add elegance, while the lighter weight of the emblem illustrates the step change to refinement and modernity. JLR reaffirmed…

The Directorate General of Training (DGT) and Microsoft have signed a Memorandum of Understanding (MoU) to train students and educators at government-led Industrial Training Institutes (ITIs) and National SkillTraining Institutions (NSTIs). Microsoft will offer a wide range of courses, including AI, cloud computing, web development and cybersecurity skills, to nearly 6,000 students and 200 faculty members. This collaboration is part of the Skill India Mission. This training will empower young students with industry-relevant skills, enhancing their employability and connecting them to relevant job opportunities. Students will learn from industry experts and engage in deep-dive sessions, multifaceted capstone projects. Train-the-Trainer workshops…

The Ministry of Skill Development and Entrepreneurship (MSDE) announced the launch of Jan Bhagidari initiatives across the country, which will be undertaken between June 1st and 15th across all skill development institutions and centres. A special session on “Creating A Skilled and Atmanirbhar Bharat” was also conducted by NIESBUD under the aegis of MSDE.  The initiatives will be undertaken between June 1st and 15th across all skill development institutions and centres. Narendra Modi's call for "Jan Bhagidari" to be a "People's Movement" is being implemented by institutions such as ITIs, JSS, PMKKs and polytechnics. The summit will include skill hackathons,…

Tata Motors Limited sales in the domestic & international market for May 2023 stood at  74,973 vehicles, compared to 76,210 units during May 2022. Total Domestic Sales for May 2023 was 73,448, which  saw a decrease in total domestic sales from May 2022  which was recorded 74,755. HCV Trucks saw a 11% growth, ILMCV Trucks saw a -38% decrease, Passenger Carriers saw 7% growth, SCV cargo and pickup saw -19% decrease, and CV Domestic saw a -12% decrease. Total CV for May 2023 was 28989, down from 32818 in May 2022. MH&ICV sales in May 2023 were 11,442 units, compared…

The online fashion market is about to witness something unique as Kotak Mahindra Bank Limited ("KMBL"/Kotak) in partnership with Myntra, one of India's leading fashion, beauty and lifestyle destinations, announced the launch of its first-of-its-kind co-branded digital fashion & lifestyle credit card. The Kotak Myntra Credit Card offers fashion-conscious consumers the opportunity to unlock great value on their savings through unlimited transactions. It can be availed through a hassle free digital journey within minutes, across Myntra and Kotak mobile applications. Existing Myntra customers can apply for the card through the Myntra app itself. The co-branded credit card is designed to…

The State Government of Nagaland in association with Ministry of Development of North Eastern Region (MDoNER) organised an Investors Roundtable in the city to showcase and promote Nagaland and Northeast region as a hub for trade and investment to Global Investors. The Investors Roundtable was jointly organised by the Department of Industries & Commerce and Investment Development Authority of Nagaland in association with FICCI (Industry Partner), Invest India (Investment Facilitation Partner),and EY (Knowledge Partner). The Roundtable was graced by Shri Neiphiu Rio, Hon'ble Chief Minister of Nagaland and Shri T. R. Zeliang, Deputy Chief Minister, Planning and Transformation with other…

Flipkart, India's homegrown e-commerce marketplace, has announced its 'Big End of Season Sale' event, which will bring close to 200,000 sellers and more than 10,000+ brands together to bring a wide selection of fashion, beauty and lifestyle products to millions of customers across India.  The week-long event will give customers a differentiated shopping experience with technology interventions such as Image Search, Video Catalog, Virtual Try-Ons, Video Commerce and Top Filters. Flipkart has witnessed heightened interest on its digital first brands, with over 40% of new customers coming in through this category.  To effectively serve a growing customer base, Flipkart sellers…

President Droupadi Murmu will embark on her first-ever state visit to the Republic of Suriname and the Republic of Serbia from June 4-9, 2023. She will participate as a Chief Guest in the celebrations commemorating the 150th anniversary of the arrival of Indians in Suriname on June 5. The President will visit Paramaribo, Suriname on June 4-6, 2023 at the invitation of Chandrikapersad Santokhi, President of the Republic of Suriname and President will hold bilateral talks with President Santokhi.Moreover, in her maiden visit to Suriname, the President will interact with members of the Indian community and diaspora. She will also…