Business - The Purbottar

07 Oct

Mahindra launches ZEO Electric 4-Wheeler SCV, aims to revolutionize urban logistics

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Mahindra Last Mile Mobility Limited (MLMML), India’s leading electric small commercial vehicle (SCV) manufacturer, has unveiled the Mahindra ZEO, a game-changing electric 4-wheeler SCV. Priced attractively from ₹7.52 lakh (ex-showroom), the ZEO promises to reshape urban logistics with its advanced technology, enhanced range, and environmental benefits. The ZEO boasts a real-world driving range of 160 km, supported by a fast-charging option that delivers a 100 km range in just 60 minutes. Powered by a 30 kW motor and a 21.3 kWh liquid-cooled battery, it offers a peak torque of 114 Nm and meets stringent safety standards with its IP67-rated motor…

05 Oct

UCO Bank’s total advances grew 18.6% YoY in September quarter

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PSU lender UCO Bank on October 4 said its total advances rose 18.56 percent year-on-year to Rs 1.98 lakh crore in the second quarter of the current financial year. Total advances of the bank were Rs 1.93 lakh crore in April-June quarter, and Rs 1.67 lakh crore in the year-ago period. In July-September quarter, domestic advances of the lender rose to Rs 1.74 lakh crore, as compared to Rs 1.67 lakh crore in a quarter ago period and Rs 1.43 lakh crore in the year-ago period. Domestic advances grew 21.68 percent on a yearly basis, and 4.19 percent on a quarterly basis.…

05 Oct

Almonds: A healthy twist to Navratri festivities

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As Navratri, one of India's most vibrant festivals, kicks off, many are looking for ways to balance festive indulgence with healthier food choices. Traditionally, the celebration involves a wide variety of meals and sweets, many of which are high in sugar and fats. To maintain good health during the festivities, nutrition experts are recommending the inclusion of nutrient-dense foods like almonds. Almonds, rich in plant-based protein and 15 essential nutrients, are ideal for those observing Navratri fasts. They not only add crunch to meals but also help in managing cholesterol, blood sugar levels, and weight. “Adding a handful of almonds…

05 Oct

Royal Stag Package Drinking Water unveil new campaign #CelebrateLarge

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Royal Stag Packaged Drinking Water has launched an exciting festive campaign, #CelebrateLarge, featuring T20 cricket sensation Surya Kumar Yadav. This initiative is designed to resonate with today’s youth, who seek to infuse their unique style into traditional celebrations. The campaign’s tagline, "Generation Large ka Celebration Large," embodies the brand’s ethos of "Live It Large," inviting young consumers to elevate their festive experiences. At the heart of the campaign is an immersive AI-led experience, including an interactive film and an augmented reality (AR) festive canvas, allowing participants to unlock personalized messages from Yadav. Consumers can explore trending topics across food, music,…

05 Oct

Q1-FY2025: ICICI Prudential Life Insurance Reports Impressive 99.35% Claim Settlement Rate

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ICICI Prudential Life Insurance has announced an impressive claim settlement ratio of 99.35% for the first quarter of FY2025, marking its position as a leader in the life insurance industry in India. During this period, the company settled death claims amounting to ₹381.24 crore, with an average turnaround time of just 1.2 days for non-investigative claims, underscoring its commitment to efficient customer service. Mr. Amish Banker, Chief Operations Officer of Customer Service, remarked, “Our aim is to provide financial security for families in the absence of an earning member. We process claims with the utmost sensitivity and speed, which is…

05 Oct

Apache Indian to Perform at Royal Global University on 25th October

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International music icon Apache Indian is set to make his much-anticipated debut performance at Royal Global University, Assam, on 25th October. To announce the same, the Big Films Media held a press conference at the Aideo Cinema Hall in Panjabari. The press conference was attended by Sam Bhattacharjee, Debangkar Borgohain, RJ Gaurav, Dr. Saumen Bharatiya and others. Apache Indian known worldwide for his chart-topping hits like Boom Shack-A-Lak, Apache Indian’s upcoming performance has already stirred excitement among fans and the university community. His appearance marks a historic moment for music lovers in Assam, as they prepare to welcome the Don…

04 Oct

Indusind Bank Q2 business update: Advances upsurge 13%, deposits grow 15%

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IndusInd Bank on Friday (October 4) released its business update for the quarter ended September 30, 2024. The bank reported a 13% year-on-year (YoY) growth in net advances to ₹3.57 lakh crore from ₹3.15 lakh crore in the corresponding quarter last year.On a quarter-on-quarter (QoQ) basis, net advances grew 3%, standing at ₹3.48 lakh crore in June 2024.Deposits as of September 30, 2024 grew by 15% to Rs 4.13 lakh crore as compared to Rs 3.60 lakh crore in the same period last year.The bank also reported a 4% quarterly growth in deposits, which stood at ₹3.99 lakh crore in…

04 Oct

Vi launches tournament to boost eSports in India

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Vi launches its first ever gaming competition to provide an international stage for budding eSports enthusiasts. In the run-up to the India Mobile Congress 2024, leading telecom operator Vi, has announced the launch of its first ever grassroot eSports tournament – ‘Vi Game to Fame’. India is among the top markets for gaming, accounting for approximately 20% of the world’s total mobile game downloads. Vi Game to Fame aims to bring together amateur esports enthusiasts from across the country to compete, collaborate, showcase their skills and earn an opportunity to shine at not only national, but also at an international…

04 Oct

METRO Shoes unveils fashion-forward campaign featuring Triptii Dimri & Vijay Varma

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METRO Shoes has launched its Autumn Winter 2024 campaign, starring Bollywood actors Triptii Dimri and Vijay Varma as brand ambassadors. The campaign brings a festive flair, blending METRO’s latest collection with a focus on rediscovering the joy of dressing up. Triptii Dimri shines with her contemporary femininity, featuring signature pieces like the Metallic High-Heel Sandals and Mesh Block-Heels, while Vijay Varma exudes sophistication with styles like Leather Chelsea Boots and Croc-Effect Moccasins. The collection focuses on versatility, high fashion, and comfort. Alisha Malik, President of METRO Brands Ltd., said, "Triptii and Vijay exemplify our audience's authentic sense of style. This…

04 Oct

ICICI Prudential Life achieves 99.35% claim settlement ratio in Q1-FY2025

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ICICI Prudential Life Insurance has reported an impressive claim settlement ratio of 99.35% for the first quarter of FY2025, the highest in the Indian life insurance industry. The company settled death claims worth ₹381.24 crore, with an average turnaround time of just 1.2 days. Mr. Amish Banker, Chief Operations Officer of Customer Service, stated, “Life insurance is essential for ensuring the financial security of families. We handle every claim with the utmost sensitivity and efficiency.” This outstanding ratio reflects the company's ongoing commitment to policyholders, with a consistent track record of high settlement ratios, including 97.94% in Q1-FY2024 and 99.17%…