Business

Thousands of iPhones looted, violence cost us Rs 440 crore: Wistron

Thousands of iPhones looted, violence cost us Rs 440 crore: Wistron

The Taiwan-based manufacturing plant, Wistron, which primarily manufactures iPhones in India was vandalised by its own employees over payment issues. The Wistron plant, which is situated in Karnataka’s Narsapura was ransacked by the employees for not paying the salary that was promised to them. Now as per the latest report, during the violence thousands of iPhones were stolen and the property was damaged, which led to a total loss of around Rs 437 crore. As per a Times of India report, it was reported that thousands of iPhones were looted and Wistron’s factory equipment was destroyed during the attack, the…
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Aprlia SXR 160: Piaggio India opens pre-booking

Aprlia SXR 160: Piaggio India opens pre-booking

Piaggio India announced the opening of pre-bookings of the soon to be launched, premium scooter from the stable of Aprilia, the SXR 160. The much-awaited premium scooter, the SXR 160, is under production at the Baramati plant and is available for pre-booking at a booking amount of Rs 5000 through the E-commerce site www.shop.apriliaindia.com or by visiting any Aprilia dealership.  The much-awaited premium scooter, Aprilia SXR 160, incorporates Aprilia’s latest global design language and is equipped with a high performance 160 CC BSVI, three-valve Fuel Injection clean emission engine technology. It hosts other features like wrap around LED Headlights, LED…
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Strategic partners _ Nayara Energy and Shell

Strategic partners _ Nayara Energy and Shell

Nayara Energy (a new-age integrated downstream energy company) and Shell (the global leader in finished lubricants) announced a strategic partnership. It will provide customers access to Shell Lubricants’ best-in-class products, including the premium range of Ultra engine oils at Nayara and Essar fuel stations. Since October 1, 2020, Nayara Energy is launching new retail outlets with Nayara brand and has already unveiled over 200 new Nayara fuel stations in the country. Nayara Energy, the fastest-growing pan-India private fuel retail network, operates an extensive network of over 5,900 fuel stations across the country.
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Jagdale healthcare unveils clinical study results on Mulmina

Jagdale healthcare unveils clinical study results on Mulmina

A subsidiary of Jagdale Industries, Jagdale Healthcare announced the results of a clinical study on their popular health drink Mulmina. Clinical studies carried out in a renowned medical institute and research centre on Mulmina Mango and Mulmina Orange have shown a significant increase in antioxidant markers and Immune markers in 14 and 28 days period. These studies have also proven to reduce inflammatory markers like C-Reactive Protein (CRP).  The study also showed immune-boosting and anti-oxidant activities in Covid-19 positive asymptomatic, mildly symptomatic patients and also healthcare workers posted at COVID wards in a NABH accredited renowned Medical Research Institute. The…
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Walmart to export US$10-Bn India-made goods

Walmart to export US$10-Bn India-made goods

Endorsing India’s continuing rise as a global hub of manufacturing, Walmart announced that it will triple its exports of goods from India to $10 billion each year by 2027. Walmart’s new export commitment is expected to provide a significant boost to micro-, small- and medium-sized enterprises (MSMEs) in India, alongside ongoing efforts such as the Flipkart Samarth and Walmart Vriddhi supplier development programs. The expansion in sourcing will include helping develop hundreds of new suppliers in different key Indian export categories. To accelerate its India exports, Walmart will strengthen development of the supply chain ecosystem in India, both by boosting…
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WALMART TO EXPORT US$10-BN INDIA-MADE GOODS

WALMART TO EXPORT US$10-BN INDIA-MADE GOODS

Endorsing India’s continuing rise as a global hub of manufacturing, Walmart announced that it will triple its exports of goods from India to $10 billion each year by 2027. Walmart’s new export commitment is expected to provide a significant boost to micro-, small- and medium-sized enterprises (MSMEs) in India, alongside ongoing efforts such as the Flipkart Samarth and Walmart Vriddhi supplier development programs. The expansion in sourcing will include helping develop hundreds of new suppliers in different key Indian export categories. To accelerate its India exports, Walmart will strengthen development of the supply chain ecosystem in India, both by boosting…
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Bancassurance Partnership between RBL Bank and ICICI Pru Life

Bancassurance Partnership between RBL Bank and ICICI Pru Life

A bancassurance partnership has been inked between RBL Bank and ICICI Prudential Life Insurance. It will offer an array of life insurance products to the RBL Bank’s customers. RBL Bank will distribute ICICI Prudential Life’s products through its network of 398 branches spread across 28 states besides its internet and mobile banking touch-points that distinguish the Bank’s multi-channel distribution network. For ICICI Prudential Life, the partnership will deepen and further strengthen its multi-channel distribution network. Through this tie-up, the entire bouquet of ICICI Prudential Life’s insurance plans on the protection and savings platform will be available for purchase to customers…
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27 cities to get Ather 450X scooters

27 cities to get Ather 450X scooters

India’s first intelligent electric scooter manufacturer, Ather Energy launched the Ather 450X in Siliguri. Many in Siliguri are also eligible for the limited edition Series 1 vehicle, as they placed orders in January 2020 before the official launch of the new product line. By the end of Q1 2021, Ather 450X will be on the roads of 27 cities in India. Siliguri joins Kolkata in West Bengal to have the Ather 450X available. The Ather 450X is the quickest and one of the smartest scooters in India and comes in three new colours - Grey, Green, and White. In addition to Eco,…
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Steam inhalation with Vicks VapoRub helps Mira Kapoor

Steam inhalation with Vicks VapoRub helps Mira Kapoor

Popular celebrity Mira Kapoor shares how steam inhalation with trusted Vicks VapoRub helps relieve cough and cold symptoms. Mira Kapoor said, “As the approach of the winter, I turn to a few simple measures to help fight against the seasonal flu and strengthen my body’s immunity. Apart from eating a balanced diet of fruits and vegetables, I also practice steam inhalation with Vicks VapoRub for 2-5 minutes daily when I have a cough and cold symptoms. I also read that steam inhalation has been recommended by the Ministry of Ayush. Since this is recommended especially with natural ingredients like Pudina…
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Castrol Power1 Ultimate for a thrilling ride

Castrol Power1 Ultimate for a thrilling ride

As the newest addition to Castrol’s range of cutting-edge and full synthetic motorcycle engine oils, Castrol POWER1 ULTIMATE has been launched by Castrol, India’s leading automotive lubricants company. The new Castrol POWER1 ULTIMATE range embodies surprise and excitement for the riders with 5 ultimate benefits across Acceleration, Protection, Smooth riding, Keeping Engine cool and Enduring Performance.  This all-new variant anchors on a unique 5-in-1 formula. Designed and formulated for motorcycle and performance enthusiasts, the Castrol POWER1 ULTIMATE offers a broader range of choices. Castrol POWER1 ULTIMATE is available at Castrol Bike Points, dealerships and online in different viscosities like 10W-40,…
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