Business Correspondent

Tata STRIVE, a skill development initiative of Tata Trusts, on World Youth Skills Day, announced that it has, since 2015, touched the lives of over one million individuals. Among them, 1.5 lakh were skilled for employment in the formal sector, 1.3 lakh livelihoods were enabled in the informal sector, and 650 individuals were developed as entrepreneurs. Besides, 6,000 trainers, certified by Tata STRIVE, have skilled over 6.5 lakh learners. Tata STRIVE brings to its learners, job-oriented courses created along with industry leaders, such as IKEA, Schneider Electric, L’Oréal India, Indian Hotels Company Limited, Tata Communications, and others. Many experts from…

Tata Motors, India’s leading automotive brand, introduced a new variant enriching the Nexon portfolio - the XM+(S). Placed between the XM (S) and the XZ+, this newest addition is loaded with features and will be available at an attractive starting price of INR. 9.75 lakhs (ex-showroom, Delhi). Available in Calgary White, Daytona Grey, Flame Red and Foliage Green colour options, it will come equipped with an electric sunroof, 7” floating infotainment system with android auto and apple car play, 4 speaker system, cooled glove box, rear AC vents, rain sensing wipers, auto headlamps, digital instrument cluster, multi drive modes, 12…

India’s leading automobile manufacturer Tata Motors announced the introduction of Nexon EV Prime with high-end, smart features such as the Multi-Mode Regen, Automatic Brake Lamp Activation on Regen, Cruise Control, Indirect Tyre Pressure Monitoring System, Smartwatch integrated connectivity feature and Charging Timeout of 110 seconds. The Company is also extending these new intuitive features to over 22,000 existing Nexon EV owners, through a first of its kind Software Update from Tata Motors. Tata Motors is offering the first Software Update to its existing customers, free of charge, from 25th July 2022 at its Authorised Service Centres. It will roll-out an…

The Walmart Foundation Disaster Relief Fund and Flipkart Foundation have contributed more than INR 20 million (over USD 250,000) towards flood relief work in Assam. The funds will help Doctors For You support people impacted in the region. The Walmart Foundation Disaster Relief Fund and Flipkart Foundation are supporting Doctors For You as the organization supplies relief kits with essential food items, medicines, and hygiene-care products and offers healthcare and psychological support to the affected population. Flipkart is also partnering with Goonj to raise funds from customers to provide critical medical supplies and essential relief materials for flood relief efforts…

Nissan Motor India announced the launch of its Big, Bold, Beautiful SUV, the Nissan Magnite RED Edition, with prices starting at Rs. 7,86,500 lakh (ex-showroom, Delhi). The exteriors feature red accent that covers the front grille, front bumper cladding, wheel arch and body side cladding. The interiors feature a premium red-themed dashboard, a red accent on the door side armrest and centre console. Major design additions include bold body graphics, a tail door garnish and a prominent RED Edition-specific badge. It comes in 1.0-litre MT, 1.0-litre Turbo MT and 1.0-litre Turbo CVT variants to offer option of full range. It…

A fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain 5ire announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021. The funds raised will be used for business expansion and extending 5ire’s footprint across three continents including Asia, North America and Europe, with…

The flagship company of the Spark Minda Group Minda Corporation Limited launched 17 helmet models with 145 variants in the Indian retail market. The launch marks Spark Minda’s foray into the B2C space at a time when India is emerging as the largest and fastest growing helmet market globally. The company plans to add 200+ distributors and open exclusive Spark Minda branded outlets across the country. The Protective Head Gear will be available across three customer segments - Economy (Knight series), Mid (Garrison series) and Premium (Armored series) category. Spark Minda also announced the launch of 1500 fiber parts to…

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announces the launch of a non-linked, a new-age savings solution - ABSLI Fixed Maturity Plan (UIN 109N135V01). This plan is designed to offer policyholders short & long-term financial security by integrating FD beating returns and protection. It provides returns of up to 6.41% along with a life cover. The plan is a single pay proposition like a fixed deposit and allows the policyholder to choose from a wide range of policy terms (5-10 years) to fit individual needs. Also, starting at 100%, the surrender…

The global market leader in finished lubricants Shell announced the launch of Shell Engine Oil designed and customised specially for three-wheelers. The three–wheeler segment has been growing year-on-year and plays a critical role in the country’s mobility needs by providing last-mile connectivity. Three-wheeler drivers in India have been facing multiple challenges regarding Indian roads, traffic & weather conditions in terms of overheating of the engine, increased cost of maintenance and the need for quality products. Shell with its global technological credentials has developed a customized engine oil which comes with Active Cleansing Technology that keeps the engine clean and protected…