Bengaluru, 21st May 2024 – SBI General Insurance, one of India’s leading General Insurance companies, have entered into a strategic bancassurance partnership agreement with Jana Small Finance Bank, a leading financial institution in India, to facilitate the distribution of non-life insurance products. Under this strategic partnership, SBI General Insurance will offer a diverse range of general insurance products to Jana …
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More than 50% of the GCCs in India are of US origin, says AMCHAM
With a focus on U.S. -India tech-collaboration, AMCHAM organizes conference on GCCs in Chennai The conference was actively attended by leading American corporates, and consulting firms. New Delhi, 21 May 2024: The American Chamber of Commerce in India (AMCHAM) a leading apex chamber of U.S. industry in India successfully wrapped a Global Capability Centers (GCC) conference in Chennai, spotlighting the …
Read More »Muthoot FinCorp Reports Highest Ever Loan Disbursements in FY 24
Consolidated disbursement at Rs. 61,703.26 cr, up by 18.60% while AUM stands at Rs. 33,359.30 cr, up by 26.94% compared to FY 23 Bengaluru, May 21, 2024: Muthoot FinCorp Limited, the flagship Company of 137-year-old Muthoot Pappachan Group (Muthoot Blue) reports highest ever loan disbursements in FY 24 with consolidated disbursement at Rs. 61,703.26 cr, up by 18.60%. The AUM …
Read More »Committed to Innovate. Honoured To Be The World’s First: Apollo Cancer Centres’ Doctors Perform Transformative Keyhole Approach for Insular Brain Tumor
India, May 21, 2024 – In a medical feat akin to landing on the moon’s unexplored terrain, a team of neurosurgeons at Apollo Cancer Centres (ACCs), Chennai, India, were able to achieve what was once thought impossible – accessing and removing deeply seated insular brain tumor through a transformative and a novel eyebrow keyhole approach. This unprecedented technique, being the …
Read More »POCO F6 to Offer Perfect Blend of Performance, Camera, and Battery
Bengaluru, India – May 21, 2024: POCO, the fastest growing smartphone brand in India is gearing up to unveil its latest masterpiece from the highly acclaimed F series – the POCO F6. Scheduled for launch on May 23rd, 2024, the POCO F6 is expected to set new benchmarks by delivering a flagship smartphone experience in the mid-range segment. Under the …
Read More »Domestic Tyre Manufacturing Sufficient to Meet India’s Needs: ATMA
Bengaluru, 20th May 2024 – In a communication to the Government of India, Automotive Tyre Manufacturers’ Association (ATMA) has stated that automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary. Government recently asked industry to name items where India has capabilities to be self-reliant so that upcoming FTAs could be drafted while …
Read More »Upstox forays into insurance distribution; aims to simplify wealth management in India
● Beginning with Term Life Insurance the company will further expand its offering to Health, Motor and Travel insurance ● HDFC Life is among the first insurers to partner with Upstox and feature on the platform Bengaluru, May 21, 2024: Upstox, one of India’s premier wealth management platforms, today announced its entry into the insurance distribution business. While Upstox has …
Read More »Axis Bank Partners with VST Tillers Tractors Ltd to Offer Financial Solutions to Farmers for Farm Equipments
Bengaluru, 21st May 2024: Axis Bank, one of the leading private sector banks in India signed a Memorandum of Understanding (MOU) with VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, to offer financial solutions to the farmers for purchasing tractors and farm mechanisation products. As per the agreement, Axis Bank will provide financial solutions to VST’s prospective customers …
Read More »Gensol Engineering Ltd. strengthens leadership team with the appointment of Ms. Shilpa Urhekar as Chief Executive Officer (CEO), Solar EPC (India)
Bengaluru, May 21, 2024: Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in the renewable energy sector specialising in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions, is pleased to announce the appointment of Ms. Shilpa Urhekar as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Mr. …
Read More »Moneyboxx Finance reports strong turnaround in profitability in FY24
Mumbai, May 21, 2024 – Moneyboxx Finance, an impact lender providing small business loans to micro entrepreneurs, achieved strong profitability in FY24, reporting net profit of INR 9.14 crore in FY24, marking a strong turnaround compared to a net loss of INR 6.80 crore in FY23. Moneyboxx witnessed a remarkable 112% growth in AUM, reaching INR 730 crore as of …
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