Business

28 Oct

TATA AIG launches innovative health insurance riders focused on women’s health and mental wellness

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TATA AIG General Insurance Company Limited has launched five new riders aimed at addressing critical healthcare needs, particularly in the realms of women's health, mental wellness, and cancer care. The new offerings—Mental Wellbeing, EmpowerHer, OPD Care, CanCare, and Flexi Shield—feature over 60 benefits designed to provide comprehensive and flexible health insurance solutions amidst rising medical costs. EmpowerHer targets women's health issues, including infertility and gynaecological concerns, while the Mental Wellbeing rider introduces industry-first preventive mental health screenings. CanCare enhances cancer coverage, and both OPD Care and Flexi Shield cater to everyday health expenses, ensuring policyholders are shielded from the financial…

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28 Oct

India shines at WorldSkills 2024: Minister Jayant Chaudhary honors winners

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Jayant Chaudhary, Minister of State (I/C) for Skill Development and Entrepreneurship, honored the outstanding winners of the WorldSkills 2024 competition, held in Lyon, France. India emerged victorious with 16 accolades, including four bronze medals, showcasing the nation's skill prowess on a global stage. During the ceremony, the Minister recognized the achievements of both the WorldSkills winners and eight Paralympic medalists, emphasizing that their success exemplifies the strength of India's skilling ecosystem. "These accomplishments reflect not only individual dedication but also our commitment to becoming the world's skill capital," he stated. The event underscored India's expanding capabilities in traditional crafts and…

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28 Oct

GCPL reports high-single digit volume growth amid inflationary pressures

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Godrej Consumer Products Limited (GCPL) announced its financial results for Q2 FY 2025, reporting a notable 7% growth in standalone sales and volume year-on-year. The company highlighted its resilience amidst rising palm oil prices and fluctuating consumer demand, particularly in India. In India, GCPL's home care segment thrived, achieving a 12% growth driven by successful product launches like the new Liquid Vaporiser and Goodknight Agarbatti. However, personal care faced challenges, with only 3% growth as inflation impacted margins. The overall EBITDA for the quarter was flat, reflecting the strain from elevated oil costs. The company's performance in the Guwahati mirrors…

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26 Oct

Mahindra Truck and Bus boosts presence with new Kolkata dealership, targets key markets

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After a strong year-on-year growth of over 46% in business volume in F’24, Mahindra’s Truck and Bus Division (MTBD) has inaugurated a state-of-the-art dealership in Kolkata for the state of West Bengal which adds 14 service bays that can service more than 28 vehicles per day while also providing driver lodging, 24-hour breakdown assistance, and AdBlue availability. Inaugurates its 86th dealership in Kolkata, West Bengal. Mr. Vinod Sahay, President and chief purchase officer - AFS, President - Aerospace and Defence Sector, President - MTBD & CE, Member of the Group Executive Board, said, “We take pride in MTBD's strong presence…

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26 Oct

Boost your Diwali festivities with Almonds: A healthy choice for Kolkata families

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As the festive season of Diwali approaches, families are reminded to make healthier choices amid the celebrations. Traditionally marked by an abundance of sweets and fried snacks, Diwali can often lead to overindulgence. However, incorporating nutrient-rich almonds into festive menus can help maintain well-being without sacrificing flavor. Almonds, packed with 15 essential nutrients including protein, calcium, and magnesium, offer numerous health benefits. Nutritionist Sheela Krishnaswamy emphasizes the importance of balancing festive cravings with mindful choices, suggesting that a handful of almonds can regulate blood sugar levels, especially when combined with carbohydrate-rich foods. Kolkata is seeing a rising trend in healthy…

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26 Oct

Nissan Magnite sets new standard for B-SUVs with low maintenance costs

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Nissan Motor India has launched the new Magnite, positioning it as a leader in the B-SUV segment with unparalleled maintenance costs of just 39 paise per kilometer for the first 50,000 kilometers. This groundbreaking offer includes a standard 3-year/100,000 km warranty, which can be extended to 6 years for minimal additional cost, ensuring customer peace of mind. The company also introduced the 'Nissan Magnite Care,' a prepaid maintenance plan that offers savings of up to 21%. This plan is designed to provide hassle-free servicing with genuine parts and comprehensive coverage, boosting resale value. Notably, customers in Guwahati can particularly benefit…

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26 Oct

Kolkata commemorates World Polio Day; vigilance against resurgence remains crucial

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On World Polio Day, health experts emphasize the ongoing threat of poliomyelitis, especially following a recent incident in Meghalaya. Polio, an infectious viral disease that primarily affects children under five, poses severe health risks, including paralysis and death. Despite India being polio-free for over a decade, experts warn that vigilance is essential to prevent resurgence. Dr. Subhasis Roy, a child specialist at Manipal Hospital, Kolkata, highlighted, "An unvaccinated child is a weak link, risking their health and that of the entire community." He advocates for the Inactivated Polio Vaccine (IPV) as part of routine immunizations starting at six weeks, essential…

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26 Oct

Xiaomi India introduces sign language support for customers

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Xiaomi India has launched a new initiative to improve accessibility by introducing a Sign Language Support feature for its hearing and speech-impaired customers. Announced on October 23, 2024, the service is available across India and aims to enhance communication by providing one-on-one assistance through trained sign language interpreters in both English and Hindi. Customers can easily access this service by contacting Xiaomi’s customer care through WhatsApp, where they can schedule virtual consultations with interpreters. The service operates every day from 9:00 AM to 6:00 PM, allowing users to resolve product inquiries, technical issues, and order-related questions seamlessly. The initiative is…

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26 Oct

Mars Petcare collaborates with people for animals to help homeless pets find loving homes

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Mars Petcare, a renowned leader in pet care and nutrition, has conducted its highly anticipated adoption weekend to find forever homes for homeless and abandoned pets on Saturday. Conducted in various Indian cities alongside key partner NGOs, including People for Animals, this initiative highlighted Mars Petcare’s commitment to improving the lives of pets in the country. Mars Petcare and People for Animals have partnered for the first time to create a meaningful impact on the lives of homeless pets throughout India. This collaboration has launched a dedicated initiative to raise awareness about responsible pet adoption, with a special focus on…

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26 Oct

L&T shares downfall 2%; UBS downgrades rating to ‘neutral’ citing near-term headwinds

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Shares of Larsen & Toubro (also known as L&T) had a weak opening on October 25. It fell 2 per cent to Rs 3,378 after UBS downgraded the stock to 'neutral' and cut its target price in view of several challenges in the upcoming quarters.The brokerage has highlighted an upside potential of 16 per cent from the last closing price of Rs 3,443 with a target price of Rs 4,000. The previous target price given by the brokerage was Rs 4,400. L&T shares have declined 11 per cent in the last month.The international broking firm suggests that although core earnings…

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