Business - The Purbottar

03 May

Axis Mutual Fund announces ‘Axis Nifty Bank Index Fund’ to capitalize on banking sector growth

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Axis Mutual Fund has announced the launch of its latest offering, the 'Axis Nifty Bank Index Fund', aimed at leveraging the burgeoning growth of the Indian banking sector. This open-ended index fund is set to track the Nifty Bank TRI, providing investors with direct access to the performance of leading Indian banks. The fund, managed by Mr. Karthik Kumar and Mr. Ashish Naik, seeks to replicate the total returns of the Nifty Bank TRI, subject to tracking errors. With India's banking sector poised for substantial expansion driven by robust regulatory frameworks and digital banking adoption, the fund offers investors a…

03 May

Bajaj Allianz Introduces Privé: Setting a New Standard in Insurance Excellence

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Bajaj Allianz General Insurance has launched Privé, an exclusive customer experience program that offers unmatched customer service excellence. The program aims to cater to a special segment of customers who require insurance solutions with enhanced coverage limits. Privé goes beyond traditional insurance offerings, providing customers with access to an array of exclusive and prioritized insurance services, ensuring their requirements are met with precision. Privé is a unique customer experience program designed for specific policyholders, offering exceptional service at every touchpoint. Customers can join Privé by selecting eligible products under Health, Motor, or Home, meeting certain eligibility criteria. Privé, being a…

03 May

Toyota Kirloskar Motor Maintains Growth Trajectory, Notches 32% Sales Surge in April

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Toyota Kirloskar Motor (TKM) reported a 32% YoY growth in April 2024, selling 20,494 units, compared to 15,510 units in April 2023, indicating a consistent increase in its monthly sales units. This growth is a significant improvement on the previous year. The growth momentum was sustained despite a weeklong maintenance shutdown from April 06-14,2024, for upkeep of machinery and equipment to sustain operational efficiencies, productivity and safety. In the current month, domestic sales accounted for 18,700 units while exports totalled to 1,794 units during the same month. This success also reflects a significant increase of48%in first four months of CY…

03 May

Samsung Unveils ‘Fab Grab Fest’ with Unbeatable Tech Deals

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Samsung, India's largest electronics brand, has launched its largest summer sale, 'Fab Grab Fest', offering exceptional deals and cashbacks on Samsung.com, Samsung Shop App, and as well as at Samsung Exclusive Stores. During the 'Fab Grab Fest', customers can avail up to 64% on select Galaxy S, Z, and A series smartphones, 77% on Galaxy tablets, accessories, and wearables, and 24% on select Galaxy Book4 series laptops. Samsung is offering select models of its flagship Neo-QLED 8K, Neo QLED, OLED, The Frame TVs, and Crystal UHD series at up to 43% off. Sumit Walia, Vice President, D2C Business, Samsung India…

03 May

In April 2024, Tata Motors registered total sales of 77,521 units

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Tata Motors Limited sales in the domestic & international market for April 2024 stood at 77,521 vehicles, compared to 69,599 units during April 2023. The total domestic sales increased by 12 % from 68,514 in April 2023 to 76,399 in April 2024. The rate of increase for Domestic commercial vehicles in April 2024 and April 2023 was 33%, with a total of 28,516 vehicles sold in April 2024 as compared to 21,507 in April 2023. The total sales of commercial vehicles in April 2024 and April 2023 were 29,538 and 22,492 respectively, indicating a 31% increase rate. Domestic sale of…

03 May

Bajaj Allianz Life announces bonuses for the 23rd consecutive year

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Bajaj Allianz Life, a leading private life insurer in India, has announced bonuses for the 23rd consecutive year to its over 11.66 lakh policyholders. This is the Company’s highest bonus declaration ever at Rs. 1,383 crores for FY2024 Policyholders with traditional participating (with-profit) policies are eligible to receive this bonus, which is declared from the surplus generated under the participating (with-profits) funds. All participating policies in force as on March 31, 2024, are eligible to receive this bonus. Policyholders of participating products like Bajaj Allianz Life Flexi Income Goal, Bajaj Allianz Elite Assure, Bajaj Allianz Life Ace, amongst others stand…

03 May

Apollo Hospitals Chennai expands reach with new information centre in Baharampur, Murshidabad

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Apollo Hospitals, Chennai, inaugurated an Information Centre in Baharampur today. The center aims to provide comprehensive information and promote early diagnosis, benefiting residents of Murshidabad and neighboring areas. The inauguration ceremony witnessed the presence of esteemed medical professionals including Dr. V Chandrasekharan (Nephrologist), Dr. Sudharsan (Urologist), and Dr. Pradeep Balaji (Neurosurgeon), who shared insights on healthy living and various specialties. Located at Gorabazar, Nimtala (Baharampur), the Information Centre will facilitate specialty consultations with doctors from Apollo Hospitals Chennai through periodic visits. This initiative not only aids patients in follow-up consultations but also enables timely diagnosis for others. Moreover, the center…

03 May

Vi introduces pocket-friendly roaming packs for Indian travelers to Azerbaijan and Africa

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Azerbaijan has experienced a significant increase in Indian tourists visiting the country in recent years. A 2023 study revealed a 100% increase in tourism, with 120,000 Indian visitors visiting Azerbaijan, a significant increase from the previous year. Vi, a leading telecom operator, has introduced new international roaming packs for Azerbaijan and 12 other African countries to cater to the country's growing popularity. Vi Postpaid users can now enjoy seamless connectivity in Azerbaijan and African countries with international roaming packs starting at just Rs 749 for travelers to Cameroon, Sudan, Rwanda, Ivory Coast, Liberia, and South Sudan. Vi Postpaid users will…

03 May

Consult Dr. Sandeep Bafna at Apollo Information Center

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Dr. Sandeep Bafna, a Consultant Urologist and Genito Urinary Reconstructive Surgeon at Apollo Hospitals, holds an MS. DNB UROLOGY and MRCS (EDINBURGH) degree. Dr. Bafna, offers consultations for various conditions including stricture urethra, peyronies disease, urethroplasty, pelvic fractures, urethra injuries, adult hypospadias, and penile curvature. Dr. Sandeep Bafna will be available for consultation on 04th May 2024 at Apollo Hospitals (Chennai) Information Centre M/S Arghya Medical Hall, Silpasamity Para, Jalpaiguri, West Bengal – 735101. For booking an appointment please call: 8609034489/9434410836. On the same day (04th May 2024) Dr. Bafna will be visiting Apollo Hospitals (Chennai) Information Centre, Ganapati Medical…

03 May

OECD revises India’s FY2015 progress forecast to 6.6%

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The Organization for Economic Co-operation and Development on Thursday raised India's FY2025 growth forecast to 6.6% from an earlier estimate of 6.2%. "Despite relatively sluggish private consumption growth, strong investment and improving business confidence in India are projected to propel real GDP growth to more than six and a half per cent in both FYs 2025 and 26," the OECD (Organization for Economic Co-operation and Development) said.