Business

19 May

Bajaj Allianz Life unveils smart pension plan with market-linked growth for early retirement

Business BureauBusiness

Bajaj Allianz Life Insurance has launched the Bajaj Allianz Life Smart Pension, a flexible, market-linked pension plan designed to help individuals build a robust retirement corpus. The plan features the newly introduced Bajaj Allianz Life Nifty 200 Alpha 30 Index Pension Fund, which invests in 30 high-alpha stocks selected using Jensen’s Alpha to maximize growth potential. Customers can choose from this fund or five other options, tailoring investments to their risk appetite. The policy term starts at 10 years with a vesting age beginning as early as 45 years, catering to early retirees. Key benefits include tax-free withdrawal of up…

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19 May

Yamaha ignites racing passion with thrilling track day event in Guwahati

Business BureauBusiness

Guwahati witnessed an adrenaline-packed day as India Yamaha Motor Pvt Ltd organized its much-anticipated Track Day on May 18, 2025, at the JR Karting facility. Over 100 Yamaha motorcycle owners from Guwahati and nearby regions gathered to experience the excitement of track riding firsthand. Focused on Yamaha’s popular R15 and MT-15 models, the event provided riders with expert guidance on essential racing techniques such as racing lines, body positioning, lean angles, throttle control, and brake modulation — all designed to boost rider confidence and safety on the track. Marking a milestone, the event celebrated the production of one million Yamaha…

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17 May

Jayant Chaudhary charts bold skilling vision as five NSTIs chosen for National Centres of Excellence

Business BureauBusiness

In a significant step towards reshaping India’s vocational education landscape, Minister of State (Independent Charge) for Skill Development and Entrepreneurship, Shri Jayant Chaudhary, chaired a high-level session titled Skill Milan with heads of five National Skill Training Institutes (NSTIs) selected for upgradation into National Centres of Excellence (NCoEs). The initiative follows the Union Cabinet’s approval of the ₹60,000 crore National Scheme for ITI Upgradation on May 7. The five NSTIs—located in Bhubaneshwar, Chennai, Hyderabad, Kanpur, and Ludhiana—will anchor future-ready skill training, focusing on high-quality instructor development and sector-specific skilling in areas such as AI, electric vehicles, textiles, and advanced manufacturing.…

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17 May

Solve For Tomorrow 2025′: Samsung India Calls for Innovative Solutions

Business BureauBusiness

Samsung India has announced the fourth edition of its nationwide innovation competition ‘Solve for Tomorrow 2025’, offering over ₹1 crore in grants to fuel youth-led tech solutions. Open to students aged 14-22, the initiative will run for six months, with applications accepted from April 29 to June 30, 2025. The top four winning teams will receive a ₹1 crore grant for project incubation at IIT Delhi. Additionally, the top 20 teams will be awarded ₹20 lakh and Samsung ZFlip smartphones, while the top 40 teams will receive ₹8 lakh and Samsung laptops. This edition introduces two new global themes: Social…

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17 May

Kartik Aaryan named brand ambassador for Thomas Cook India’s new borderless travel card

Business BureauBusiness

Thomas Cook (India) Limited, a leading player in India’s foreign exchange market, has appointed Bollywood star Kartik Aaryan as the brand ambassador for its newly launched prepaid multicurrency Borderless Travel Card. The strategic move aims to target India’s millennials and Gen Z travelers, a segment that is rapidly driving outbound travel growth. The Borderless Travel Card offers a seamless, secure, and convenient solution for international travelers by eliminating the hassle of managing multiple currency cards, lounge access passes, SIM cards, and cash. The campaign, featuring Kartik in a relatable story of two friends planning a holiday, highlights how the card…

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17 May

TCI reports robust Q4 and FY2025 growth amid digital and green push

Business BureauBusiness

Transport Corporation of India Ltd. (TCI), a leading multimodal logistics provider, announced strong financial results for Q4 and FY2025 ending March 31. The company’s consolidated revenue rose 9.3% year-on-year to ₹11,972 million in Q4, while EBITDA grew 11.3% to ₹1,401 million. Profit after tax (PAT) increased 11.4% to ₹1,151 million, reflecting robust operational performance despite global uncertainties. For the full fiscal year, TCI’s consolidated revenue reached ₹45,385 million, up 11.5%, with PAT rising 17.4% to ₹4,161 million. The company credited growth to rising demand in warehousing, especially from quick commerce and consumer durables, alongside enhanced multimodal solutions for heavy machinery…

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17 May

Oriflame launches Giordani Gold Serum-Infused Bronzing Pearls for radiant glow

Business BureauBusiness

Oriflame’s Giordani Gold Serum Infused Bronzing Pearls in the shade Glowy Rose blend s the artistry of handcrafted pearls with advanced skincare benefits. Designed as a versatile blusher, bronzer, and highlighter, these pearls deliver a radiant, multi-dimensional glow suitable for a variety of skin tones. The standout feature of this product is its serum-infused formula, which incorporates key ingredients such as hyaluronic acid and Oriflame’s Youth Reveal Serum. Hyaluronic acid is renowned for its hydrating properties, helping to lock in moisture and maintain skin suppleness, while the Youth Reveal Serum works to enhance skin’s youthful appearance and luminosity. The pearls are…

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17 May

Amrita University, SSDMA forge pact to boost disaster resilience in Sikkim’s Himalayan region

Business BureauBusiness

Amrita Vishwa Vidyapeetham has signed a landmark Memorandum of Understanding (MoU) with the Sikkim State Disaster Management Authority (SSDMA) to bolster disaster preparedness and community resilience in the environmentally fragile Eastern Himalayas. The MoU, signed by SSDMA Director Shri Prabhakar Rai and Amrita’s Provost Dr. Maneesha V. Ramesh, marks a continued collaboration focused on sustainable development, risk reduction, and early warning systems. Under the partnership, Amrita will deploy AI-driven wireless sensor networks, multilingual educational tools, and digital platforms to enhance early disaster alerts, particularly in remote regions. Since 2013, Amrita has been monitoring the landslide-prone Chandmari area in Gangtok, where…

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17 May

BHEL reports 3% rise in net profit for Q4FY25

Priyanka RoyBusiness, News

Shares of Bharat Heavy Electricals Ltd (BHEL) rose 2.45% after the company reported a 3% year-on-year rise in net profit to ₹504 crore. Besides, the board of directors also recommended a dividend of ₹0.50 per share. The company's consolidated revenue for the quarter rose 8.8% year-on-year to ₹8,993 crore for Q4FY25 compared to ₹8,260 crore. The power segment, which accounts for nearly 80% of the revenue, witnessed steady growth. While the industry segment saw a 33% rise in revenue, supporting the overall growth. On the operational front, earnings before interest, tax and depreciation grew 14.2% YoY to ₹831 crore compared…

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16 May

ISRL Season 2 attracts global supercross stars, eyes bigger impact in India

Business BureauBusiness

The Indian Supercross Racing League (ISRL), the world's first franchise-based Supercross championship, has kicked off Season 2 with a record-breaking 89 rider registrations in just three weeks—surpassing last season’s three-month tally. This early surge highlights the league’s growing global stature and athlete confidence following a successful debut edition. Top international riders from Season 1, including 2024 champion Matt Moss (Australia) and French icon Jordi Tixier, have re-registered alongside newcomers like Alexander Fedortsov (USA), Adrien Escoffier (France), and Luke Clout (Australia). Indian stars Rugved Barguje, Ikshan Shanbhag, and Sarthak Chavan are also set to return. The league has drawn interest from…

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