Business Bureau

The World Health Organization (WHO) defines healthy ageing as “the process of developing and maintaining the functional ability that enables wellbeing in older age.”The WHO has also recognized adult immunization as one of the strategies for healthy ageing in their ‘Decade of Healthy Ageing – Baseline Report -2020’. The Indian population is ageing rapidly, with 404 million people above 50 years of age expected to increase to 404 million in 2036. This increases the risk of infectious diseases such as pneumonia, influenza, and shingles, which can be debilitating for ageing adults. Shingles is a viral disease that causes a painful…

Tribhovandas Bhimji Zaveri (TBZ) - The Original has announced the re-launch of its store in Kankurgachi, Kolkata. Sara Ali Khan, a Bollywood actress and brand ambassador, inaugurated the store on May 25, 2023. The re-launch signifies TBZ's dedication to establishing a brand presence in West Bengal and contributing to the thriving jewellery industry in the region. TBZ is a "Make In India" brand that takes pride in its identity as a "Make In India" brand. It has recently focused on the eastern region and is looking forward to growing faster. By strengthening its presence in the Kolkata market, TBZ aims…

Tribhovandas Bhimji Zaveri (TBZ) - The Original has announced the re-launch of its store in Kankurgachi, Kolkata. Sara Ali Khan, a Bollywood actress and brand ambassador, inaugurated the store on May 25, 2023. The re-launch signifies TBZ's dedication to establishing a brand presence in West Bengal and contributing to the thriving jewellery industry in the region. TBZ is a "Make In India" brand that takes pride in its identity as a "Make In India" brand. It has recently focused on the eastern region and is looking forward to growing faster. By strengthening its presence in the Kolkata market, TBZ aims…

HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS)has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch in 2013, the Company, a wholly owned subsidiary of HDFC Life Insurance Company Ltd., has grown at a fast rate (see table below). The AUM size has grown 400% in a span of thirty three (33) months from a base AUM of Rs. 10,000 Cr. which was achieved in July 2020. HDFC Pensionis the fastest growing legacyPension Fund Manager in India, under Retail…

The Board of Control for Cricket in India (BCCI) & adidas has announced a brand-new partnership as the kit sponsor for the BCCI. The contract, which runs through to March 2028, will give adidas exclusive rights for manufacturing kit across all formats of the game. adidas will be the sole supplier for all match, training & travel wear for the BCCI- including the men’s, women’s & youth teams. Starting June 2023, Team India will be seen in the three stripes for the very first time and will debut their new kit during the World Test Championship Finals. The partnership between…

Cummins India Limited (NSE: CUMMINSIND) The Board of Directors of Cummins India Limited (CIL), at their meeting held, reviewed, and approved the financial results for the quarter and year ended March 31, 2023. The year ended March 31, 2023 saw a 26% increase in total sales, with domestic sales increasing by 26%, exports by 27%, profit before exceptions item and tax by 46%, profit before tax by 29%, and profit after tax by 27%. In the quarter ended March 31, 2023, total sales increased by 29% compared to the same quarter last year and decreased by 12% compared to the…

Abans Holdings Limited reported strong financial performance for the fourth quarter and fiscal year 2023, showing significant growth across various financial metrics, reinforcing its position as a key player in the industry.Abans Holdings Limited reported a net profit of Rs. 70.3 crore in 2023, a 14% increase from the previous year. Operating profit grew 15% to Rs. 76 crore, and revenue from operation was Rs. 1,150.97 crore. Agency income increased 83% to Rs 43 crore, and EPS was Rs. 14.81 per share. Abans Holdings Limited aims to expand beyond its current holding company status and act as sponsors and investment…

HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS)has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023.  Since its launch in 2013, the Company, a wholly owned subsidiary of HDFC Life Insurance Company Ltd., has grown at a fast rate (see table below). The AUM size has grown 400% in a span of thirty three (33) months from a base AUM of Rs. 10,000 Cr. which was achieved in July 2020.HDFC Pensionis the fastest growing legacyPension Fund Manager in India, under Retail and…

The Indian Insurance industry has collectively come together to drive insurance penetration in Mizoram. Tata AIA Life Insurance and IFFCO TOKIO General Insurance are leading the initiative, supported by Life Insurers and General Insurers from India's Private and Public Sectors. Under the leadership of the IRDAI, a committee of representatives from various Life and General Insurance companies have been working towards increasing awareness and penetration of life insurance in the state. As part of the process to discuss the progress of the initiatives and way ahead, a meeting was held in Mizoram under the guidance of Shri Lalramsanga Sailo, Secretary,…

HMD Global, the home of Nokia phones, has launched the Nokia C32, the first smartphone in the popular C-series range with a 50MP Dual camera. It is powered by Android 13 and has a toughened glass finish for a premium feel. Nokia C32 is a new affordable design with a toughened glass back, dualtone finish, and elegant straight sidewalls. It has a bright 6.5’’HD+ display wrapped in three bold colours. The 50MPAI dualmain camera and 8MP selfie camera are supported by powerful imaging algorithms and equipped with a bespoke night mode with a powerful three-day 5000 mAh battery. Android 13…