Bengaluru, 7th May 2024: Ekya schools is delighted to announce the extraordinary achievements of its students in the ICSE exam’s remarkable ranks, demonstrating their exemplary academic prowess. Ekya JP Nagar secured a 100% pass percentage in the recent Grade 10 ICSE Examinations. Out of a total of 50 students that appeared for the exam from Ekya JP Nagar, 28% of …
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Rising rural growth underpinned by stable consumption in India: NIQ
FMCG value growth (6.6%) is led by consumption, price growth (0.1%) is stable. Urban consumption grew at 5.7% while Rural grew at 7.6%. Non-food (11.1%) grew 2X faster than food (4.8%) in volumes. Bengaluru, 7th May 2024 : NielsenIQ (NIQ), the world’s leading consumer intelligence company, released the FMCG Quarterly Snapshot for Q1’24 (JFM’24). According to the report, the Indian …
Read More »Kriti Sanon’s HYPHEN – the first celebrity brand to go beyond skincare essentials launches – Concern-specific Anti-Acne products
A launch backed by consumer demand & top-notch R&D, Kriti Sanon & Team does it again! Key Highlights: HYPHEN – an innovative skincare brand that combines nature and science to create a power-packed solution for skin concerns, introduces a brand-new Ultimate Acne Care Range The range includes Clarifying Acne Cleanser, Acne Defence Serum, and Acne Fix Spot Corrector which is …
Read More »secures INR 3 Billion Green Financing from Sumitomo Mitsui Banking Corporation for 350 electric buses in Uttar Pradesh
Ø 1st project in Electric Mobility space in India to be financed by a Japanese bank Ø 1st project of Sumitomo Mitsui Banking Corporation in E-mobility space in Asia-Pacific Hyderabad/Mumbai, 7th May 2024: GreenCell Mobility, a pioneer in Electric Mass Mobility sector, has secured Green Financing from leading Japanese financial institution Sumitomo Mitsui Banking Corporation (SMBC) for its transformative Electric …
Read More »ICAI and O/o C&AG jointly launched Certificate Course to Prepare Accountants for Panchayats & Municipal Bodies
The Collaboration Aims to Enhance Financial Transparency and Accountability in Panchayats and Municipal Bodies Bengaluru, 07th May 2024: In a significant move towards bolstering financial accountability and governance at the grassroots level, the Institute of Chartered Accountants of India (ICAI) entered into a Memorandum of Understanding (MoU) with the office of Comptroller and Auditor General (O/o C&AG) on August 9, …
Read More »ASPA Calls for Robust Consumer Awareness Campaigns to Combat Counterfeiting in Pharma
National, May 07th, 2024 – The Authentication Solution Providers’ Association (ASPA), a proactive advocate in the fight against counterfeiting, spearheads a robust public awareness campaign, particularly within the pharmaceutical industry. Recognising the urgent need to address the escalating threat of counterfeit drugs and medical devices, ASPA is leading the charge in educating consumers. Through collaborative efforts, ASPA aims to raise …
Read More »Godrej & Boyce innovates a High-Temperature Brazing Process for Aero Engines for the first time in India
~ With a focus on innovation and excellence, the business is developing a brazing process, reducing reliance on foreign technologies Bengaluru, 07th May 2024: Godrej & Boyce, announced that its business Godrej Aerospace, is developing a high-temperature brazing process crucial for Aero Engine performance, marking a first for India. This significant stride aligns seamlessly with Godrej Aerospace’s steadfast dedication to …
Read More »ICICI Prudential Life Insurance launches its First ULIP with Fund Value- based distributor payouts – ICICI Pru Platinum
· Fund Value-based distributor payouts to motivate long-term investment behaviour by customers · Offers unlimited free switches between asset classes without any cost and tax implications Bengaluru, May 07, 2024: ICICI Prudential Life Insurance launched ICICI Pru Platinum, the Company’s first unit-linked product which aligns distributor payouts to their customers’ fund value – the distributor commissions are linked to their …
Read More »Vice-President of India Shri Jagdeep Dhankhar Inspires Graduates at BIMTECH’s 36th Convocation
Bengaluru, May 7th, 2024: Birla Institute of Management Technology (BIMTECH), a leading B-School in India, successfully held its 36th Annual Convocation on 6th May 2024 at Jaypee Greens Sports Complex, Greater Noida. The landmark ceremony was dignified with the presence of the Honorable Vice-President of India, Shri Jagdeep Dhankhar. With pumping hearts and eyes glued to the stage the students …
Read More »Muthoot Microfin posts highest-ever AUM at Rs. 12,193.50 crore; full year profit swells 2.74x as company delivers on all key indicators
· AUM up 32.42% YoY; Branch network crosses 1,500 mark; Enters Telangana · FY24 NIM at 12.7% up 84 bps YoY; exits fiscal at 13.5% NIM for the quarter · Credit Cost in FY24 down to 1.7% from 3.0% YoY as asset quality remains robust and collection efficiency improves by 260 bps · FY24 ROA doubles to 4.19%, ROE jumps …
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