Business

North East Small Finance Banks raised FD rates to 9.75%

North East Small Finance Banks raised FD rates to 9.75%

North East Small Finance Banks (NESFB) has increased its fixed deposit (FD) rates to 9.75%, marking the highest interest rate in the country. This 50 basis-point increase demonstrates the bank's commitment to providing the most valued return to its customers. NESFB is altering the landscape of savings growth by offering rates as high as 9.25% for the general public and 9.75% for senior citizens. NESFB’s revised FD rates offer the highest rates across the banking sector. This increase in fixed deposit rates gives customers, particularly senior citizens, the potential to earn inflation-beating returns on their fixed deposits. Given the high…
Read More
Škoda Auto India launches enhanced value proposition for Kushaq and Slavia, starting at Rs 10.69 lakh

Škoda Auto India launches enhanced value proposition for Kushaq and Slavia, starting at Rs 10.69 lakh

Škoda Auto India has introduced a new pricing strategy for its popular models, the Kushaq and Slavia, aimed at enhancing accessibility and value for customers. The revamped lineup now starts at an attractive ₹10.69 lakh, reflecting a strategic move to make the brand more competitive in the Indian market. Under this initiative, Škoda Auto India has rebranded the variants of Kushaq and Slavia as Classic, Signature, and Prestige, with additional models like Onyx and Monte Carlo catering to different customer preferences. The pricing adjustment applies across all engine and transmission options, offering potential savings of up to 10% depending on…
Read More
Bahwan CyberTek’s rt360 Available for Use on Temenos Exchange

Bahwan CyberTek’s rt360 Available for Use on Temenos Exchange

Bahwan CyberTek (BCT), proudly announced the availability of its transformative rt360 Suite on Temenos Exchange, a partner ecosystem of fintech solutions. The rt360 Suite, renowned for its regulatory technology, offers a range of products for transforming risk and compliance processes across various domains like Credit Risk, Enterprise Risk, Model Risk, and Sustainability. The rt360 Suite on Temenos Exchange heralds a significant milestone, positioning BCT as a solutions provider on this prestigious platform, which can be harnessed by Temenos customers worldwide. BCT’s strategic agreement (signed in 2022) with Temenos will scale operations in India, Sri Lanka, Nepal & Bhutan, pave the…
Read More
Flipkart’s ‘Back to Campus’ June 2024 campaign announced, affordable tech essentials await students

Flipkart’s ‘Back to Campus’ June 2024 campaign announced, affordable tech essentials await students

Flipkart, the leading Indian e-commerce platform, is gearing up to launch its highly anticipated 'Back to Campus' campaign for June 2024. Scheduled to kick off from June 21st to June 27th, this annual event aims to equip students with a comprehensive array of essential tech gadgets at attractive prices.Building on the success of its May 2024 edition, which witnessed a remarkable surge in consumer participation, Flipkart is set to offer a diverse range of products including laptops, tablets, gaming consoles, smartwatches, earphones, and more. The campaign aims to cater to the evolving needs of students preparing for the upcoming academic…
Read More
Randeep Hooda’s emotional tribute to Dad in Blackberrys’ Father’s Day campaign

Randeep Hooda’s emotional tribute to Dad in Blackberrys’ Father’s Day campaign

In a tribute to fathers everywhere, leading menswear brand Blackberrys has teamed up with acclaimed actor Randeep Hooda for a new Father’s Day campaign. Known as India’s 'fit expert' for over three decades, Blackberrys celebrates dads who inspire their children to #KeepRising through life's ups and downs. The campaign features a touching film where Randeep Hooda and his father, Ranbir Hooda, share a candid conversation about the pivotal role Mr. Hooda played in his son's successful acting career. Despite coming from a non-filmy background, Mr. Hooda’s unwavering support and encouragement were instrumental in Randeep's rise to stardom. Dressed in impeccably…
Read More
Uber Green electric cabs launched in Calcutta, a step towards reducing carbon emissions

Uber Green electric cabs launched in Calcutta, a step towards reducing carbon emissions

Uber on Thursday(20th June 2024) announced the launch of its flagship electric vehicle service, Uber Green, in Kolkata, marking a step towards eco-friendly urban transportation. Now, Uber stands as the second ride-hailing service provider to offer EVs in the city, following Snap E, another brand operating with an all-EV fleet. "Enhancing the air quality in Kolkata is a shared duty we all must embrace. I commend Uber for introducing 'Uber Green' in Calcutta, a significant step towards reducing carbon emissions in our city," West Bengal Transport Minister Snehasis Chakraborty said. "This service allows residents to book zero-emission rides with ease…
Read More
Achieve Optimal Outcomes with Robotic Knee Implants: Insights from Dr. Sujoy Bhattacharjee

Achieve Optimal Outcomes with Robotic Knee Implants: Insights from Dr. Sujoy Bhattacharjee

Modern medical advancements are proving beneficial for patients suffering from knee pain, especially elderly and those over 40, due to the increasing prevalence of this condition in today's lifestyle. Robotic joint replacement is a current example of this, in which knee replacement is carried out with the precision of the robot, and better results are ensured. Dr. Sujoy Bhattacharjee, Director of the Joint Replacement Department at Sarvodaya Hospital, has over 24000 years of experience in robotic joint replacement, ensuring better results in knee replacements, a futuristic technology that revolutionizes the medical field. When it comes to accuracy, joint replacement from…
Read More
SBI to inflation ₹20,000 crore through long-term bonds in FY2025

SBI to inflation ₹20,000 crore through long-term bonds in FY2025

State Bank of India (SBI) announced board approval to raise up to ₹20,000 crore through long-term bonds in FY 2024-25. The central board meeting on June 19, 2024, approved raising funds through public issue or private placement.At the time of writing, SBI shares are trading at ₹846.65 which is 0.70% lower than its previous close. The stock has seen a total rise of 49% in the past year and 32% since the beginning of the year.In January, SBI raised ₹5,000 crore through perpetual bonds at a coupon rate of 8.34%. In the last financial year, SBI had issued 15-year infrastructure…
Read More
Tata Salt launches zinc-enriched immuno variant

Tata Salt launches zinc-enriched immuno variant

Tata Salt, the pioneer in India's branded iodised salt market since 1983, continues to lead the fight against Iodine Deficiency Disorder (IDD) with its flagship product, known as 'Desh ki Sehat, Desh ka Namak'. The brand has long been recognized for its dedication to raising awareness about IDDs and promoting national health. In a groundbreaking move two years ago, Tata Salt launched Tata Salt Immuno, the first edible salt in India enriched with both iodine and zinc. Zinc, an essential nutrient, plays a crucial role in maintaining a strong and healthy immune system. This innovation underscores the brand's commitment to…
Read More
Tata Salt launches immuno variant, blend health and innovation

Tata Salt launches immuno variant, blend health and innovation

Tata Salt, a stalwart in India's iodised salt market, reinforces its commitment to national health with the launch of Tata Salt Immuno. This new offering, enriched with zinc alongside iodine, marks a pioneering step in the edible salt segment. Zinc, known for its role in bolstering immune health, is seamlessly integrated into Tata Salt's renowned 'Desh ki Sehat, Desh ka Namak' lineup. Since its inception in 1983, Tata Salt has been at the forefront of combating Iodine Deficiency Disorders (IDD), earning acclaim for its efforts in raising awareness nationwide. Deepika Bhan, President of Packaged Foods – India at Tata Consumer…
Read More