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Kotak Mahindra Bank Ltd. has entered into a definitive agreement to acquire Deutsche Bank AG’s retail banking, affluent private banking and wealth management business in India, in a strategic move aimed at expanding its presence in the affluent customer and small and medium enterprise (SME) segments. The acquisition aligns with Kotak’s inorganic growth strategy while supporting Deutsche Bank’s Global Hausbank strategy of sharpening its focus on core businesses. The business being acquired comprises loans of around Rs 29,000 crore, deposits of nearly Rs 16,000 crore and assets under management worth approximately Rs 10,500 crore. It serves about 1.5 lakh customers…

Quick service restaurant (QSR) chain Wow! Momo has launched its first-of-its-kind 4 in 1 Momo Box, a new offering that combines four different momo variants in a single shareable box, as the company looks to capitalise on the growing consumer demand for variety, value and group dining experiences. Priced from Rs. 349, the product is now available across Wow! Momo outlets for both dine-in and delivery. The 4 in 1 Momo Box features four flavours selected from the brand's portfolio of over 28 momo variants, including Darjeeling, Pahari Fresh, ChatpataPaneer, Corn Cheese, Hot Garlic Kurkure, Korean, Chicken Cheese Chili and…

Shares of HCL Technologies rallied more than 7% during Friday's trading session, emerging as the top gainer on the Nifty 50 after the IT major announced a $1.14 billion artificial intelligence-led digital transformation deal, one of the largest contracts in the company's history. The announcement sparked strong investor interest, with market participants viewing the mega deal as a significant boost to HCLTech's long-term revenue visibility and growth prospects amid rising global demand for AI-powered technology solutions. The multi-year contract is expected to accelerate the client's enterprise-wide digital transformation by leveraging advanced artificial intelligence, cloud computing, automation and digital engineering capabilities.…

India's growing life expectancy is exposing a widening gap in retirement preparedness, with a majority of urban Indians at risk of outliving their savings, according to the fifth edition of the India Retirement Index Study (IRIS 5.0) conducted by Axis Max Life Insurance in partnership with Kantar. The study found that India's retirement readiness score stands at just 48 out of 100, highlighting inadequate long-term financial planning despite increasing awareness. While 86 per cent of "Empty Nesters" know the retirement corpus they require, only 33 per cent believe their savings will last beyond 10 years after retirement. Similarly, only 38…

JawaYezdi Motorcycles has announced that its recently launched Jawa 42 Ivory motorcycle is now available for booking through Amazon.in and Flipkart, expanding access to customers across India through online channels. The company said the move is aimed at simplifying the purchase process for motorcycle enthusiasts by allowing them to reserve the vehicle online before completing registration, insurance and delivery formalities through authorised dealerships. The Jawa 42 Ivory is currently available for booking in 118 cities, supported by a network of 130 dealerships handling e-commerce enquiries. The motorcycle has generated strong interest since its launch, with owners citing its retro-inspired styling,…

Classic Legends brought together riders from its Jawa, Yezdi and BSA communities across India to celebrate World Motorcycle Day, with more than 2,000 motorcyclists participating in rides held across 59 cities in 19 states. Observed globally on June 21, World Motorcycle Day celebrates the freedom, adventure and camaraderie associated with motorcycling. The nationwide event saw riders from different backgrounds and age groups come together, reflecting the growing popularity of community-led riding culture in the country. As part of the celebrations, Classic Legends launched the Guardian Bell Initiative, aimed at promoting awareness of a long-standing motorcycling tradition. Guardian Bells, often gifted…

BSV, a Mankind Group company, has stepped up its efforts to tackle India's seasonal surge in snakebite cases by rolling out a nationwide '4A' strategy focused on Awareness, Access, Availability and Action. The initiative comes as monsoon rains heighten snakebite risks in rural areas, with the company seeking to improve prevention, timely treatment and clinical outcomes through wider community outreach and uninterrupted access to quality-assured anti-snake venom (ASV). The company said the strategy supports India's broader public health goal of reducing snakebite mortality by 50 per cent by 2030. BSV noted that the Ministry of Health's decision to classify snakebite…

TVS Motor Company has welcomed the Delhi government's newly announced electric vehicle (EV) policy, describing it as a proactive and forward-looking initiative that will accelerate the adoption of clean mobility solutions in the national capital. Commenting on the development, Sudarshan Venu, Chairman of TVS Motor Company, said the company is fully committed to developing sustainable mobility products and solutions that will drive further EV adoption across the country. He also expressed gratitude to customers for making TVS Motor the number one electric two-wheeler player in Delhi, adding that the company will continue investing in innovation and customer-centric solutions to strengthen…

Team India secured an impressive haul of five medals, including three gold, one silver and one bronze, at the Global Skills Challenge (GSC) Australia 2026, bolstering the country's preparations for the 48th WorldSkills Competition scheduled to be held in Shanghai later this year. Held from June 23 to 29, the competition brought together nearly 600 competitors, experts, translators and officials from 16 WorldSkills member nations, including Australia, India, China, the United States, Japan, France, South Korea and Austria. India fielded a 30-member contingent comprising 15 competitors and 15 experts across 15 skill categories. PavanBhadravatiSuresha of Karnataka won gold in Additive…