Business Bureau

Kotak Mahindra Prime Limited (KMPL), the vehicle financing arm of Kotak Mahindra Bank Limited, on Monday announced a leadership transition with the appointment of Suraj Rajappan as Managing Director and Chief Executive Officer effective June 1, 2026. The appointment, approved by the Board, is for a three-year term and is subject to shareholder approval. Rajappan will succeed Shahrukh Todiwala, who will superannuate on May 31, 2026 after more than three decades with the Kotak Group. Rajappan, who began his career with KMPL, brings over 24 years of cross-functional experience within the organisation. Ashok Vaswani, MD and CEO of Kotak Mahindra…

India Yamaha Motor (IYM) Pvt. Ltd. has hosted the Mega Mileage Challenge in Kolkata for the FZ-S Fi Hybrid motorcycle. The event aimed at educating customers about the impressive fuel efficiency delivered by the FZ-S Fi Hybrid’s Smart Motor Generator (SMG) Technology and its benefits. Organized in collaboration with authorized dealerships – Banyan Tree Automobiles, ATC Electronics Pvt. Ltd., Tanushka Auto, and Velocity Motors – the challenge witnessed enthusiastic participation from Yamaha customers, along with their family members who eagerly joined the experience. The Smart Motor Generator (SMG) and Stop & Start System (SSS) optimizes fuel economy and as a…

Xiaomi India has launched the REDMI 15A 5G, positioning the device as a reliable, everyday smartphone built for long usage and smooth performance. The new handset is designed to handle daily tasks such as streaming, multitasking and communication without compromising on efficiency. The REDMI 15A 5G comes with a 6300mAh battery, which the company claims can last up to two days on a single charge under heavy usage. It supports 15W charging and 7.5W wired reverse charging. The device features a 6.9-inch display with up to 120Hz refresh rate and brightness of up to 800 nits, along with Wet Touch…

Axis Max Life Insurance Limited and YES BANK Limited on Sunday celebrated 21 years of their bancassurance partnership, reaffirming a joint focus on digital-first delivery and hyper-personalised protection solutions. Over two decades, the alliance has evolved into a strong distribution ecosystem, leveraging YES BANK’s network of over 1,300 branches to serve around 18.03 lakh policyholders with a cumulative sum assured exceeding ₹1.50 lakh crore. The partnership has integrated new-age technologies to simplify insurance access, offering solutions across child education, retirement planning, wealth creation and term protection. Key innovations include video-based consultations and agile underwriting systems aimed at faster onboarding and…

Manipal Hospitals has expanded its cancer care outreach in North Bengal by taking its flagship ‘Anveshana – Medical Education for Media’ initiative to Cooch Behar. The move aims to address rising cancer cases in the region by promoting early detection and highlighting the availability of advanced treatment closer to home. The session, led by oncology experts Dr. Anirban Nag and Dr. Arkoprovo Halder from Manipal Hospital Rangapani, focused on tackling low awareness and delayed diagnosis—key challenges in districts like Cooch Behar. Doctors stressed that early-stage detection significantly improves treatment outcomes and reassured patients about access to advanced surgical and medical…

Union Minister Piyush Goyal on Tuesday unveiled Malabar Gold & Diamonds’ ₹200 crore CSR programme for FY 2026–27 at the Dr. Ambedkar International Centre, marking a major push towards education, healthcare and social welfare. The minister also inaugurated the distribution of scholarships to 33,000 girl students across India. Calling the initiative aligned with Prime Minister Narendra Modi’s Beti Bachao, Beti Padhao vision, Goyal said the investment would strengthen inclusive growth, with a focus on empowering women and youth. He urged students to “dream big” and contribute to India’s growth story. Malabar Group Chairman M.P. Ahammad said human resource development remains…

Gold loans in India are rapidly transforming from a stigmatised “last resort” borrowing option into a planned and preferred credit choice, according to Kotak Mahindra Bank. The bank said borrowers are increasingly pledging idle ancestral jewellery to access quick, hassle-free and lower-cost credit compared to mortgages and unsecured loans. Shripad Jadhav, President and Head – Gold Loans at Kotak Mahindra Bank, said this shift reflects changing borrower behaviour. “Gold loans are no longer about distress. Customers with stable incomes are using them as a disciplined way to meet short-term needs and act on time-sensitive opportunities,” he said. Rising gold prices…

IndusInd Bank on Thursday announced the launch of its Capital Gains Account Scheme (CGAS), aimed at helping customers park long-term capital gains and claim tax exemptions under the provisions of the Income Tax Act, 1961. The scheme follows authorisation from the Central Board of Direct Taxes, allowing the bank to accept deposits under the Capital Gains Account Scheme, 1988. It enables customers to securely hold unutilised gains from the sale of assets such as residential properties, agricultural land, urban land, farmhouses and SEZ-linked land, until reinvestment within prescribed timelines. IndusInd Bank will offer two account variants under the scheme. Type…

Global edtech firm Great Learning has partnered with Johns Hopkins Whiting School of Engineering to launch a 16-week online Certificate Program in Agentic AI, aimed at training professionals to build autonomous, goal-driven AI systems. The program targets STEM professionals, AI practitioners, product managers and technical leaders, and will be delivered by Johns Hopkins faculty and industry experts. The course covers fundamentals of large language models, agent design, and advanced reasoning frameworks such as ReAct and Chain-of-Thought, followed by multi-agent collaboration and responsible AI deployment. Participants will also undergo Python prework and complete applied projects to build a professional portfolio. Upon…

vivo India on Thursday unveiled its latest Y-series smartphones — the Y21 5G and Y11 5G — focusing on long-lasting battery performance and enhanced durability for everyday users. Both devices feature a 6500mAh battery designed to support extended usage, including up to 48.4 hours of video playback and 80 hours of music. The smartphones are powered by the MediaTek Dimensity 6300 processor, offering stable 5G connectivity with dual SIM support. Running on OriginOS 6 based on Android 16, the devices include AI-powered features such as AI Photo Enhance and Google Gemini integration for improved productivity. In terms of durability, both…