Business Correspondent

The world leader in depilatory products Veet® undergoes its biggest reformulation in hair removal creams with the launch of Veet Pure™. The all-new dermatologically tested range is aimed to elevate consumer’s hair removal experience. It includes natural extracts of Cucumber, Aloe Vera and Grapeseed Oil, with a simplified formula, offering a superior, efficient and pain free solution for hair removal at home. Veet is also addressing the unpleasant odour users have experienced with hair removal creams, enhancing their sensorial experience with fresh fragrances and long lasting smooth and moisturised skin. Marked as the next big thing in hair removal category,…

ASUS India, Republic of Gamers (ROG) strengthened its Zephyrus and Flow lineup with the launch of the ROG Zephyrus Duo 16, Zephyrus G14, and Flow X16 alongside the refreshed editions of Zephyrus G15, and Flow X13, packed with power and upgraded performance. The laptops feature AMD Ryzen 6000 series mobile processorsand a MUX Switch to deliver uncompromising powerful gaming performance. The product pricing for Zephyrus Duo 16 starts from INR 249,990, Zephyrus G14 - INR 146,990, and Zephyrus G15 - INR 157,990 and will go on sale online and offline. While the pricing for ROG Flow X16 starts from INR…

In line with its values and focus on community as defined by its ESG+ framework, Paathya, India’s largest hospitality company Indian Hotels Company (IHCL) has extended a helping hand to flood affected families in Assam with Vivanta Guwahati offering over 57,000 meals from its culinary platform, Qmin, across 17 affected villages. With over 9 lac people affected by the floods in Assam in addition to expansive destruction of crops, livestock and property, the local community has united to provide key resources and amenities to those adversely impacted. Vivanta Guwahati rapidly assembled a team to provide nourishing, wholesome Qmin meals in…

Hon'ble Chief Minister, Shri Conrad K. Sangma launched a pioneering initiative in Meghalaya - Youth Engagement through Empowered Youth Organisations (YESS). Through this initiative, registered entities focusing on youth development and empowerment could apply for financial assistance upto INR 1 Lakh if the entity matches the criteria and is deemed fit by the constituted proposal evaluation committee. The program has been formulated in pursuance to the State Youth Policy notified in 2021 which outlines the commitment of the Government of Meghalaya for youth engagement, empowerment and rejuvenation. The broad objectives of this program include Empowerment of youth clubs and organisations…

Dr. Rajkumar Ranjan Singh, Minister of State for External Affairs and Education visited Imphal on July 26, 2022 to attend the SVANidhi Mahotsav celebrations hosted by the Manipur Urban Development Agency. The PM Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) scheme was launched by the Ministry of Housing and Urban Affairs, in June 2020 to empower street vendors by not only extending loans to them, but also for their holistic development and economic upliftment. The scheme aimed to facilitate collateral free working capital loans of up to INR 10,000 for a 1 year tenure, given to approximately 50 lakh street…

Tata Motors, India’s leading automotive brand entered into a partnership with Indian Bank to facilitate easy financing for its passenger vehicles customers. This strategic partnership aims to provide customized and attractive car loans from across 5700+ branches of Indian Bank across the country. The easy financing will be available at attractive interest rates starting as low as 7.80%. The scheme will provide up to 90% financing on road funding, with repayment terms of upto 7 years. Customers can foreclose or provide partial payments at no additional fees. Tata Motors’ customers can also register for the finance options through Tata Motors’…

Tata Motors announced its partnership with EC Wheels India Pvt. Ltd (an Associate of Steelman Group), an app based urban transportation service in Kolkata to deploy 1,000 XPREST Electric sedans for cab transportation. With a commanding EV market share of 90% in the east, the signing of this MoU makes for the biggest ever EV fleet order in the region. In July 2021, Tata Motors launched the XPRES brand, exclusively for fleet customers and XPRES-T EV is the first vehicle under this brand. The XPRES-T electric sedan comes with 2 range options – 213km and 165km. It comes with zero…

India’s largest commercial vehicle manufacturer Tata Motors announced that it has bagged a prestigious order of 1500 electric buses from Delhi Transport Corporation (DTC) under the larger tender by Convergence Energy Services Limited. Tata Motors will supply, operate and maintain air-conditioned, low-floor, 12-metre fully built electric buses for 12 years. Tata Starbus electric buses offer state-of-the-art technology for sustainable, eco-friendly and economical public transportation and are equipped with modern features to enable safe, smooth and comfortable travel for passengers. Tata Motors’ research and development facilities have steadily worked to engineer innovative solutions powered by alternate fuel technology, including battery-electric, hybrid,…

ICICI Prudential Life Insurance has registered a robust growth in its retirement business segment which grew 29% from Rs. 2,292 crore in FY2021 to Rs. 2,956 crore in FY2022. The retirement segment has witnessed a healthy growth. The Company launched an innovative annuity product, ICICI Pru Guaranteed Pension Plan, which provides guaranteed regular lifelong pension at a rate of interest that is locked-in at the time of purchase. It has been awarded the “Product of the Year 2021” in the Retirement and Pension category by Product of the Year (India) Private Limited, the world’s largest consumer-voted award for product innovation.…

ICICI Prudential Life Insurance has posted a strong financial performance for Q1-FY2023. The VNB for Q1-FY2023 grew by 31.6% year-on-year to 4.71 billion. The VNB margin for Q1-FY2023 stood at 31.0%, up from 28.0% for FY2022. Annualised Premium Equivalent grew by 24.7% year-on-year to 15.20 billion in Q1-FY2023. Annuity APE registered a strong growth of 69.0% year-on-year to 0.98 billion in Q1-FY2023. Protection APE grew by 22.2% year-on-year to 3.30 billion in Q1-FY2023. New Business Sum Assured grew by 24.9% year-on-year to 2.21 trillion in Q1-FY2023. The Company’s market share, based on Total New Business Sum Assured, increased from 13.4%…