MAX LIFE NEW SALES GREW AT 16% AGAINST 8% PRIVATE INDUSTRY GROWTH Max Life Results Highlights (FY24): New Business Premium*: ₹ 11,023 Cr, up 23%; Max Life’s private market share expanded by 61 bps, and Proprietary channels grew by 28%. Gross Premium: ₹ 29,529 crore, up 17% YoY Embedded Value at ₹ 19,494 Cr; Operating RoEV of 20.2% New Business …
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OLX Unveils 2.0 Transformation; Classified Business to take Centre Stage
INDIA, Gurugram, May 8th, 2024 — OLX, India’s leading online classifieds platform, has announced its strategic move to focus on its classified business post its acquisition by Cartrade Tech (NSE:CARTRADE). This strategic pivot reflects OLX’s commitment to offering over 35 million monthly active unique (MAU) users a seamless experience of buying and selling pre-owned goods, enhancing their lives every single …
Read More »KRAFTON Achieves Record-high Sales of KRW 665.9B in 1Q24
Along with BGMI, KRAFTON plans to focus on diverse publishing experiences and game-centric investments to become the no.1 publisher in the Indian market Growth across all business areas driven by stable growth of PUBG: BATTLEGROUNDS IP Conducted the first beta test of Dark and Darker Mobile, initiating full-scale optimization for the global launch in the second half of 2024 New Delhi, 8th …
Read More »Indian Institute of Technology, Bhilai Partners with TeamLease EdTech to Launch Advanced eMasters Programs
Bhilai, Chhattisgarh, May 08: The Indian Institute of Technology, Bhilai and TeamLease EdTech announced a significant partnership to launch three pioneering eMasters programs: ‘eMasters in Advanced Electrical Vehicle Systems’, ‘eMasters in Applied Mechatronics and Robotics’, and ‘eMasters in Data Science & Data Analytics’. This initiative, developed in collaboration with TeamLease EdTech, is designed to equip working professionals with advanced skills …
Read More »WinZO to export impact-driven & Indian culture-based gaming tech
Part of its flagship initiative, Bharat Tech Triumph, which aims to export Made in India technology to the world. Shri Suresh K. Reddy, Ambassador of India to Brazil, and Shri Rohit Kumar Singh, Former Secretary to the Government of India, are among the partners involved in selecting the startups and mentoring them to export their games to Brazil. Mumbai, May …
Read More »Aditya Birla Sun Life Mutual Fund Launches Aditya Birla Sun Life Nifty PSE ETF
The NFO will be open for subscription from 2nd May, 2024 to 16th May, 2024 The NFO provides a decadal opportunity to invest in India’s public sector enterprises Bengaluru, May 8, 2024: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and …
Read More »Mazars in India’s latest report: India’s M&A activity soars in Q1 2024 with 197 deals totalling US$9.4bn
M&A soared to US$9.4bn, marking a staggering 168% increase in deal value compared to Q1 2023 Domestic deals grew by 22.6% to 141 deals, with an overall value reaching US$6.0bn, up from US$1.8bn in Q1 2023 Bengaluru – May 08, 2024: The M&A landscape in India displayed remarkable growth and momentum in the first quarter of 2024, as revealed in …
Read More »Waaree Energies Limited and Ecofy Empower Indian Homeowners with Affordable Rooftop Solar Solutions and Hassle-Free Financing
Bengaluru, May 08, 2024: Waaree Energies Limited, India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), has established a collaboration with Ecofy, an NBFC backed by Eversource Capital, committed to providing green finance for climate-positive initiatives. Ecofy is committing Rs 100 crores into the partnership, …
Read More »ServiceNow and Genesys unveil strategic partnership to enhance customer and employee experiences
The two companies will integrate Genesys Cloud with ServiceNow Customer Service Management (CSM) to deliver a turnkey, AI-powered solution for customer service and support in the contact centre and beyond. Bengaluru, 8 May 2024 – Knowledge 2024 – Today, at ServiceNow’s annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW), the AI platform for business transformation, and Genesys®, a …
Read More »Vi becomes the first in the industry to achieve SOC 2 Type II Attestation;
reinforcing commitment to customer trust and data security Only telecom operator and Internet Service Provider (ISP) in India to achieve this advanced global recognition, strengthen commitment to customer trust and data security Leading telecom operator Vodafone Idea (Vi), today announced that it has achieved SOC2 Type II attestation. Currently, the only telecom operator in India to successfully complete the SOC …
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