Business

Toyota Kirloskar Motor Clinches two Prestigious EEPC India National Export Awards

Toyota Kirloskar Motor Clinches two Prestigious EEPC India National Export Awards

Toyota Kirloskar Motor (TKM) has been awarded two National Awards for Export Excellence by the Engineering Export Promotion Council (EEPC) of India. The awards were presented at the 52nd and 53rd editions of the Awards event held in New Delhi on November 21st, 2023.  The awards were presented to TKM for its outstanding export performance in the engineering sector. The ceremony was organized by the Engineering Export Promotion Council (EEPC) of India and was attended by Shri Manoj Sinha, the Hon’ble Lieutenant Governor of Jammu & Kashmir. TKM's Vice President- Finance, Indirect Taxation & Impex Division, Shri Arun Velayudhan, received…
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Coca-Cola India has announced its onboarding onto the Open Network for Digital Commerce

Coca-Cola India has announced its onboarding onto the Open Network for Digital Commerce

Coca-Cola India has joined the Open Network for Digital Commerce network, which will help Coca-Cola leverage ONDC's data-driven insights, market intelligence, and strategies. The company has launched its own marketplace, the 'Coke Shop', exclusively on the ONDC platform, which will transform consumer interactions with Coca-Cola products and empower retailers across the country. By joining ONDC Network, Coca-Cola India will access a vast and diverse consumer base in the digital commerce arena, ensuring widespread availability of its products. SellerApp, the technology enabler, will streamline order management and inventory tracking, allowing Coca-Cola's sellers to identify trends, patterns, and opportunities within their specific…
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Shri Dharmendra Pradhan honored PM Vishwakarma Gurus and 26 artisans & craftsmen

Shri Dharmendra Pradhan honored PM Vishwakarma Gurus and 26 artisans & craftsmen

Shri Dharmendra Pradhan, the Hon'ble Minister for Education and Skill Development & Entrepreneurship, has honored 26 Vishwakarma Gurus across 18 trades under the PM Vishwakarma scheme. The scheme aims to provide end-to-end support to artisans and craftspeople, equipping them with modern tools and techniques, coupled with credit support. The scheme aims to make Guru-Shishya tradition more scalable, accessible, and innovative. The event was attended by various officials from MSDE, DGT, MSME, NSDC, and other organizations. The Gurus will be trained in modern tools, design elements, and latest technologies to transform them into master trainers. The scheme aims to preserve traditional…
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Gautam Adani back in world’s top 20 richest billionaires list

Gautam Adani back in world’s top 20 richest billionaires list

Billionaire Gautam Adani is back in the league of the world's 20 richest people after a recent surge in the group company's shares. Adani is now ranked 19th on the Bloomberg Billionaires Index with a net worth of $66.7 billion as of 29 November. Adani Group stocks added over Rs 1.34 lakh crore to investors' wealth on Tuesday. While the group's market capitalization lost some gains on Wednesday, the rise lifted Adani into the top 20. Shares of Adani group companies rose after the Supreme Court upheld its confidence in SEBI's probe into the Hindenburg allegations. The top court, while…
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The foundation stone of NSTI Plus has been laid in Jatni, Bhubaneswar

The foundation stone of NSTI Plus has been laid in Jatni, Bhubaneswar

Shri Dharmendra Pradhan, the Hon’ble Minister for Education and Skill Development & Entrepreneurship, has laid the foundation stone for National Skill Training Institutes (NSTI) Plus in Odisha. NSTI Plus, under the Directorate General of Training (DGT), will train 500 instructors in Phase-1 under the Craftsmen Instructor Training Scheme (CITS) and will incorporate another 500 instructors for upskilling and reskilling. The initiative aligns with Prime Minister Shri Narendra Modi's vision of making India the Skilling destination of the World. MSDE is introducing several fresh and innovative initiatives and NSTI Plus is a robust step in this direction, enabling the State of…
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Expansion of IBM Client Innovation Center network In Gandhinagar, Gujrat

Expansion of IBM Client Innovation Center network In Gandhinagar, Gujrat

IBM has opened its new Client Innovation Center (CIC) in Gandhinagar, India, as part of its ongoing expansion into non-metro and emerging cities across the country. In addition to gaining access and offering expanded opportunities to a broader talent pool, the Center will also help further fast-track the digital transformation and economic growth in the region. The Chief Minister of Gujarat, Shri Bhupendra Patel, praised the collaboration between IBM and Gujarat for its success in digital transformation and the value proposition of Gujarat's forward-thinking policies. IBM Consulting's Senior Vice President, John Granger, said that the expansion of its CIC network…
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Bangkok Flight Lands In Delhi After Husband-Wife Fight Onboard: Report

Bangkok Flight Lands In Delhi After Husband-Wife Fight Onboard: Report

Munich-Bangkok Lufthansa flight number LH772 was diverted to Delhi's Indira Gandhi International Airport on Wednesday(Nov 29, 2023) at 10:26 am, due to a harsh argument between a couple on board. According to the sources, a German man and his Thai wife broke out mid-air during the flight from Munich to Bangkok. "The person in question was handed over to authorities. The flight to Bangkok is expected to continue subsequently with minor delays. Safety and security on board for our passengers and crew is our top priority," the German airline said. As per the reports, the 53-year old German man allegedly…
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Flipkart Group has successfully diverted around 3000 tonnes of non-hazardous solid waste

Flipkart Group has successfully diverted around 3000 tonnes of non-hazardous solid waste

Flipkart Group has successfully diverted around 3000 tonnes of non-hazardous solid waste in one year, starting with four facilities that achieved Total Resource Use and Efficiency (TRUE) Gold certification for their zero waste efforts. These facilities, located in Farrukhnagar (Haryana), Uluberia (West Bengal), Malur (Karnataka), and Renaissance (Maharashtra), account for an area of 1.8 million sq ft. Flipkart has demonstrated its commitment to promoting a circular economy and embracing the Zero Waste policy, which entails responsible consumption, reuse, and recovery of products, packaging, and materials while avoiding incineration and landfill. The organization has surpassed the certification's requirements for diversion rates,…
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Toyota Kirloskar Motor inks MOU with Government of Karnataka

Toyota Kirloskar Motor inks MOU with Government of Karnataka

Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MOU) with the Government of Karnataka to enhance its operations in the country through fresh investments. The investment worth around INR 3,300 crores, will involve the setting up of a new plant, which will boost the local manufacturing eco-system and introduce new technologies to create "mobility for all". This will be the company's third plant in India, all located in Bidadi near Bangalore.  Toyota Kirloskar Motor's Managing Director and CEO, Masakazu Yoshimura, expressed confidence that the MOU with the Karnataka State Government for a new plant will generate employment and…
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Amazon India, the first e-commerce company to sign an MoU with the Inland Waterways Authority of India

Amazon India, the first e-commerce company to sign an MoU with the Inland Waterways Authority of India

In a landmark development, Amazon India and the Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping, and Waterways have signed a Memorandum of Understanding (MoU) to embark on a transformative journey in the transportation of customer packages through inland waterways. Amazon India has become the first e-commerce company in India to use Inland Water Transport, demonstrating its commitment to strengthening India's transportation infrastructure and aligning with the Prime Minister's vision for a more affordable and sustainable mode of transportation using inland waterways. Under this MoU, Amazon India and IWAI will work together to enable the containerized…
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