Business Bureau

ICICI Bank and Tata Memorial Centre (TMC) have jointly laid the foundation stone for a state-of-the-art cancer care block at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam. With an investment of over ₹550 crore, the upcoming ICICI Foundation Block for Child and Blood Cancer will significantly boost specialised healthcare capacity in eastern India. Spanning nearly 3.9 lakh sq ft, the eight-storey facility will house 215+ beds and is projected to treat over 3,000 patients annually upon completion in 2027. The project is part of ICICI Bank’s expanded ₹1,800 crore commitment to TMC, which includes similar cancer…

A groundbreaking global survey by Mars and Calm reveals that pets are playing a vital role in supporting mental health among Indians. Conducted by YouGov across 20 countries with over 31,000 pet owners, the study found 79% of Indian pet parents credit their pets for boosting mental wellbeing. During stressful times, 57% prefer their pet’s company over family or friends. Notably, 93% say their pets help them take work breaks, while 92% report a reduction in screen time, signaling pets’ role in digital detoxification. Additionally, 79% of Indian owners say pets improve their sleep, and 88% report relief from anxiety…

DSP Mutual Fund has launched two new index funds—the DSP Nifty IT Index Fund and the DSP Nifty Healthcare Index Fund—offering investors a strategic opportunity to participate in sectors known for resilience during market downturns. The New Fund Offer (NFO) for both schemes is open from June 2 to June 16, 2025. Defensive sectors like IT and Healthcare have historically shown lower beta and steadier performance during economic shocks. During the 2008 financial crisis and the Covid-19 pandemic, both Nifty Healthcare and Nifty IT indices registered smaller drawdowns and faster recoveries than the broader Nifty 500. With global markets contributing…

Flipkart, in collaboration with the Government of West Bengal, conducted a capacity-building workshop for over 50 artisans and weavers in Kalna. The initiative, part of Flipkart’s nationwide Samarth program, aimed to equip local producers with the tools to access wider online markets and leverage the e-commerce platform for business growth. The session focused on easing the onboarding process to Flipkart's marketplace, covering crucial aspects such as product listing, logistics management, and scaling operations. Senior officials including Shri Shubham Aggarwal (SDO, Kalna), Shri Krishna Chandra Munda (Deputy Magistrate), and district-level officers from the handloom and khadi sectors were present at the…

Nissan Motor India marked World Environment Day 2025 with a series of impactful sustainability initiatives, reinforcing its long-term commitment to environmental stewardship. The company has installed solar power systems across seven dealerships, including those in Baroda, Mehsana, Kerala (three locations), Jalandhar, and Jaipur. These systems now power 100% of dealership operations, with surplus energy redirected to the grid. Managing Director Saurabh Vatsa stated, “Our actions today shape the world tomorrow. At Nissan, sustainability is a core philosophy, guiding us toward reducing environmental impact and resource consumption.” On June 5, Nissan organized a nationwide tree-sapling drive at all its dealerships and…

In a powerful show of environmental commitment, Godrej Industries Group (GIG), in collaboration with the Brihanmumbai Municipal Corporation (BMC) and the Bhamla Foundation, launched the #BeatPlasticPollution campaign, supported by the United Nations Environment Programme (UNEP). The initiative urges sustainable choices to tackle India’s mounting plastic waste problem—9.46 million tonnes in 2023, with 43% being single-use plastics. Godrej CMD Nadir Godrej highlighted the company’s green efforts: 64% of energy from renewables, a 20% reduction in plastic packaging intensity, and 100% recycling of its plastic waste. Over 63,000 MT of waste has been diverted from landfills through its waste management projects. The…

Aviva India announced its financial results for FY25, underscoring steady growth focused on sustainability and customer-centric innovation. The insurer reported a stable Gross Written Premium of Rs 1,307 crore and a 6% rise in Assets Under Management (AUM) to Rs 14,735 crore. Profit grew to Rs 107.52 crore from Rs 89.66 crore in FY24, while the solvency ratio improved to 193%, indicating a robust financial foundation. Shifting from a distribution-led to a product-driven approach, Aviva enhanced customer experience with 100% of claims settled within 30 days and a decline in complaints per 10,000 policies from 20 to 16. Its wellness-led…

Jawa Yezdi Motorcycles unveiled the new 2025 Yezdi Adventure, a performance-classic adventure bike designed for India’s diverse road conditions, priced from Rs 2.14 lakh (ex-showroom Delhi). The latest model combines classic styling with cutting-edge technology aimed at both urban riders and touring enthusiasts. Featuring a redesigned main cage, rally-style beak, and segment-first twin LED headlights and taillights, the bike delivers superior road presence and illumination. Powered by a 334cc Alpha2 liquid-cooled engine producing 29.6PS and 29.9Nm torque, the Yezdi Adventure promises strong performance across city traffic and rugged terrain. The bike boasts advanced safety features including a traction control system…

Bolt.Earth, India’s largest EV charging network, has launched Blaze DC, the nation’s first universal DC fast charger for electric two- and three-wheelers. Engineered to meet the pressing need for high-speed, brand-agnostic charging, Blaze DC delivers up to 120 km of range in just 15 minutes via its 12kW variant. Designed and manufactured in India, the Blaze DC supports Type 6 and LECCS Type 7 connectors, making it compatible with EVs from Ather, Ola, Hero MotoCorp, and more. Its modular design allows easy servicing, while remote diagnostics ensure minimal downtime. The company aims to deploy 25,000 units within a year, empowering…

Toyota Kirloskar Motor (TKM) has flagged off Environment Month 2025 with the theme “Sustainable Resource Management Drive,” aligning with the Toyota Environmental Challenge 2050 and its vision of achieving carbon neutrality and environmental leadership. This year’s campaign emphasizes “Zero-Base Thinking,” encouraging the adoption of the 4Rs—Refuse, Recycle, Reuse, and Reduce—to promote long-term sustainability across operations and the supply chain. Key milestones highlighted include 100% renewable energy use for grid electricity, 96% waste recyclability, and an 89.3% recycled and rainwater contribution to total water needs. TKM’s unique 25-acre Ecozone has so far engaged over 42,000 students and stakeholders in environmental learning.…