Business

Tata Motors wins arbitral proceedings against WBIDC, secures ₹765.78 crore award

Tata Motors wins arbitral proceedings against WBIDC, secures ₹765.78 crore award

Tata Motors shares rose 2% in early trade on Tuesday, before paring some gains, a day after the company was compensated 7.66 billion rupees ($92.00 million) for investment in its Singur plant in West Bengal. A three-member arbitral tribunal said Tata Motors was entitled to recover money from the West Bengal Industrial Development Corporation for investment losses related to automobile facilities, according to an exchange filing. The currently closed Singur plant was initially set up to manufacture Tata Nano cars at an investment of Rs 10 billion. A land dispute forced Tata Motors to shift its manufacturing facility from Singur…
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Tata Motors Unveils 9th Annual CSR Report for FY23

Tata Motors Unveils 9th Annual CSR Report for FY23

Tata Motors, India's top automobile company, has released its 9th Annual CSR Report, highlighting its efforts in addressing India's critical social challenges in Health, Education, Employability, and Environment, which have benefited over 60 lakh lives over the past decade, with a significant portion of beneficiaries from marginalized communities. In 2014, Tata Motors designed and adopted a comprehensive 4-pillar approach to harmonise its CSR initiatives across the country. Capabilities, experience and expertise acquired by individual units and teams in each identified fields led to the creation and execution of focused interventions with clearly defined outcomes and remarkable results.  By harmonising programmes…
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Adani Wilmar’s celebrate Sindur Khela with locally designed Alife soap hamper

Adani Wilmar’s celebrate Sindur Khela with locally designed Alife soap hamper

'Sindur Khela' is a festive tradition on the last day of Durga Puja where women joyfully apply sindur to each other, symbolizing womanhood and the divine energy of Goddess Durga, as part of the ritual sending off. In keeping with the festive season, Adani Wilmar, India’s leading FMCG company celebrated the occasion of ’Sindur Khela’ by presenting locally designed Alife soap hampers at Tarapur Pandal in Silchar. During the grand celebration, Adani Wilmar set up vibrant stalls with traditional Bengali décor. Alife soap hampers were distributed to women participating in Sindur Khela, showcasing the festival's spirit. The hampers included traditional…
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Adani Wilmar’s brings the joy of Durga Puja festivities to women by offering locally designed Alife soap hampers

Adani Wilmar’s brings the joy of Durga Puja festivities to women by offering locally designed Alife soap hampers

 ‘Sindur Khela’, a vibrant tradition celebrated on the last day of Durga Puja, sees women joyfully applying sindur to one and another, symbolizing the celebration of both womanhood and the divine energy embodied by Goddess Durga. It is also a part of the ritual send off to the Goddess, celebrated with sweets, paan and the application of Sindur. Adani Wilmar, India's leading FMCG company, celebrated the festive season by showcasing locally designed Alife soap hampers at Dishari Club Pandal in Jalpaiguri, West Bengal, and setting up vibrant stalls with traditional Bengali décor. The Alife soap hampers were distributed to women…
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Adani Wilmar brings Locally Designed Alife Soap Hamper

Adani Wilmar brings Locally Designed Alife Soap Hamper

Cooch Behar: 'Sindur Khela' is a festive tradition celebrated on the last day of Durga Puja, where women joyfully apply sindur to each other, symbolizing the celebration of womanhood and the divine energy of Goddess Durga, and is part of the ritual sending off to her. In keeping with the festive season, Adani Wilmar, India’s leading FMCG company celebrated the occasion of ’Sindur Khela’ by presenting locally designed Alife soap hampers at Madan Mohan bari Adarsha Club, Dinhata gate Pandal in Cooch Behar, West Bengal. During the grand celebration, Adani Wilmar set up vibrant stalls with traditional Bengali décor. Commenting…
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Fastrack inaugurates Vyb, the new party wear watch brand for young women

Fastrack inaugurates Vyb, the new party wear watch brand for young women

Fastrack, India's youth brand, has launched a sub-brand exclusively for young women, Vyb. This stylish and unique brand caters to fashionistas who enjoy trends and up-to-date designs. The first collection features 71 stunning designs with different straps, plating colors, and dial shapes. The watches are available at an affordable price range of Rs. 126540/- to Rs. 2960/-. The brand, which has a proven track record of building and growing global businesses at scale, is backed by Ashok, a business visionary with a strong bottom-line growth track record. With the launch of Vyb, Fastrack expands its portfolio with new designs that…
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Veet launches new festive campaign #IconicVeetHacks showcasing its ultimate fashion hacks

Veet launches new festive campaign #IconicVeetHacks showcasing its ultimate fashion hacks

Veet®, the world leader in depilatory products, has launched a campaign called #IconicVeetHacks, inspired by Indian festivities. The campaign encourages Indian women to get festive ready by repurposing existing wardrobe elements using 'Hacks'. Influencers like Deeksha Khurana, Pooja Mundhra, Nikki Mehra, Ashi Khanna, and Sukhmani Gambhir will inspire audiences to use existing wardrobe pieces for a unique festive look. Indian women enjoy the festive season, including Durga Pujo, Navratri, Moonrise, Karwah Chauth, and Diwali. They prefer to look their best during these times, but waiting for waxing appointments can be frustrating. Veet, an at-home hair removal solution, has been providing…
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Bajaj Allianz General Insurance collaborates with Uttarbanga Kshetriya Gramin Bank for distribution of Insurance Products

Bajaj Allianz General Insurance collaborates with Uttarbanga Kshetriya Gramin Bank for distribution of Insurance Products

Bajaj Allianz General Insurance and Uttarbanga Kshetriya Gramin Bank have signed a corporate agency agreement to distribute their products across five districts in West Bengal, including Coochbehar, Jalpaiguri, Alipurduar, Darjeeling, and Kalimpong. The partnership aims to provide top-notch products and services to the rural population in these states, promoting economic development in the region. Under this strategic agreement, Bajaj Allianz General Insurance will offer its industry-leading general insurance products such as Property, Home, Motor, and Personal Accident, amongst others, to ensure the financial well-being of their valued customers. Commenting on this partnership, Mr. Rohit Jain, Head – Distribution Geo Business,…
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VinFast scouting for sites for EV facility in India

VinFast scouting for sites for EV facility in India

Vietnamese electric vehicle (EV) manufacturer Vinfast Auto is looking for sites to set up a manufacturing facility in India and has reviewed two locations in Tamil Nadu, a report said. The team from Vinfast, which will start manufacturing EVs in 2021, visited sites in the Manalur region north of Chennai and Tuticorin, the state's southernmost district, sources said.The auto company is all set to evaluate plots in Gujarat soon, the report added. “VinFast is interested in Tamil Nadu and Gujarat as it needs a port. Tamil Nadu is an advantageous option for the company due to the state's east-west connectivity,"…
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IIT Kanpur and Airbus to collaborate to boost aerospace talent base in India

IIT Kanpur and Airbus to collaborate to boost aerospace talent base in India

The Indian Institute of Technology (IIT) Kanpur partnered with Airbus by signing a Memorandum of Understanding on September 1, 2023. The memorandum was signed in order to promote research in advanced tech and establish educational programmes and activities to strengthen technical capabilities for aerospace students in India. As per the reports release by IITK, under the partnership, both the institutions will also explore collaboration opportunities with global organisation where students will get to work on projects relevant to the sector.
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