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23 Oct

PepsiCo India and The Social Lab organize Plog Run in Kolkata

Business Bureau0 CommentsBusiness

PepsiCo India, in collaboration with The Social Lab (TSL), has led the 6th edition of the Plog Run at Poly Park, Dhulagarh, Howrah, West Bengal. The initiative embodies the spirit of its guiding principle, ‘Partnership of Progress,’ bringing together organizations and communities for collective action. Aligned with the Government of India’s Swachh Bharat Mission, Plog Run brings together fitness and sustainability, with volunteers collecting plastic waste while jogging. The event was graced by Smt. Amrita Burman Roy, SDO, Sadar, Howrah District, and Shri Buddhadeb Banerjee, Deputy GM, District Industrial Centre, Howrah. Smt. Amrita Burman Roy, SDO, Sadar, Howrah District, complimented…

22 Oct

India’s growth story continues: RBI bulletin projects 7.2% GDP for 2024-25

Priyanka Roy0 CommentsBusiness, News

Confirming the strength of India's economic growth, the Reserve Bank of India's October bulletin projected real GDP growth at 7.2 percent for FY 2024-25. In the bulletin, the RBI highlighted that consumption and investment demand continue to grow at a rapid pace, with growth estimated at 7 percent in the second quarter and 7.4 percent in the 3rd and 4th quarters.The RBI Bulletin is authored by its Editorial Committee, chaired by Deputy Governor Michael Debabrata Patra. The Central Board of the Bank is not responsible for the interpretation and opinions expressed in the articles, which are the responsibility of the…

21 Oct

ITC’s survey reveals mental wellbeing struggles across India

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With mental health conversations gaining traction, ITC’s ‘Feel Good With Fiama Mental Wellbeing Survey 2024’ has marked its 4th year by exploring the perceptions and realities of mental health in India. Commissioned with NielsenIQ, the survey unveils the awareness, attitude, and behavioural landscape for mental wellbeing in India. It reflects progressiveness in acknowledging the need for mental wellbeing while also indicating the persistent barriers in accessing professional support. While 83% of the survey participants believe mental health issues are nothing to be ashamed of, 81% feel ashamed of telling others that they are taking therapy. ITC Fiama, through its 'Feel…

21 Oct

Dettol Banega Swasth India celebrates Global Handwashing Day, engages 30 million children across India

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Reckitt’s flagship campaign, Dettol Banega Swasth India (BSI), commemorated Global Handwashing Day 2024 by successfully educating 30 million children across India about the importance of hand hygiene. Themed “Clean Hands for All: Advancing Health Equity through Hygiene,” the initiative emphasizes BSI’s commitment to ensuring that children from all backgrounds access vital hygiene knowledge. The campaign's cornerstone, the Dettol School Hygiene Education programme, engaged schools across 29 states and 7 union territories, involving over 100 partners. Participating institutions, including Sarvodaya Vidyalayas and Kendriya Vidyalayas, promoted effective handwashing techniques to instill lifelong hygiene habits. This year, BSI also introduced an innovative AI-powered…

21 Oct

Indian Navy and TVS Motor Company join forces for a 2,500 km expedition to motivate youth

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In a continued effort to engage with the nation’s youth, the Indian Navy has once again partnered with TVS Motor Company, a leading global automaker operating in the two and three-wheeler segments, for a 2,500 km expedition across North East India. The 15 day expedition would pass through various cities in the states of Meghalaya, Assam and Arunachal Pradesh and engage with students in various schools/ colleges highlighting the career opportunities, the Indian Navy offers. This journey, conducted on TVS Apache motorcycles, seeks to inspire young Indians by showcasing the Indian Navy’s roles and career prospects, including the Agnipath scheme,…

21 Oct

HDFC Bank’s FY26 expansion to be slightly higher than market growth

Priyanka Roy0 CommentsBusiness, News

HDFC Bank reported a net profit of Rs 17,600 crore, a 17.4 per cent year-on-year growth in advances for the quarter ended September 30, 2024. This came after a seven per cent year-on-year growth in advances, which stood at Rs 24.95 lakh crore. In an interaction with the media, the management, represented by HDFC Bank chief financial officer V Srinivasan, said they would not like to give any forward guidance. However, on the trajectory of loan growth, he indicated that FY25 loan growth for the bank will be lower than market growth and in FY26, the bank should grow slightly…

19 Oct

L&T Finance Q2 net profit expansion 16.8% to Rs 695 crore, total revenue up 25%

Priyanka Roy0 CommentsBusiness, News

L&T Finance Limited reported its financial results for the quarter ended September 30, 2024, with total revenue from operations growing 25% year-on-year to ₹4,019.34 crore from ₹3,213.84 crore in Q2 FY24. The growth was driven by higher interest income, fee and commission income across its key business segmentsThe company's net profit grew 16.8% to ₹695.58 crore compared to ₹595.11 crore in the same period last year, while its profit before tax stood at ₹939.57 crore, up 17.8% from ₹797.39 crore in Q2 FY24.Total comprehensive income also witnessed a significant growth, rising 19.1% year-on-year to ₹700.79 crore.Earnings per share (EPS) witnessed…

18 Oct

Hindustan Zinc Q2 results preview: Profit may expansion 30-36%; higher zinc, silver prices to drive sales growth

Priyanka Roy0 CommentsBusiness, News

Hindustan Zinc Ltd (HZL) is set to announce its results for the September 2024 quarter (Q2FY25) and first half of current fiscal year (H1FY25) on Friday, October 18.Hindustan Zinc Ltd (HZL) is set to announce its results for the September 2024 quarter (Q2FY25) on Friday, October 18 as the analysts tracking the stock believe that the metal player is likely to report a strong set of numbers on a year-on-year (YoY) comparison, while the numbers may remain flattish or muted on quarter-on-quarter (QoQ) basis.Brokerages are expecting net profit, Ebitda and revenue to rise sharply on yearly comparison but mild pressure can…

17 Oct

The Government of Nagaland partners with Tata AIA to provide life insurance to its people

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The ‘Chief Minister's Universal Life Insurance Scheme’will cover residents of Nagaland in the age group of 18 – 60 years. Tata AIA will provide life insurance coverage of INR 2 lakh to the earning residents of Nagaland. The scheme will benefit breadwinners, including those employed in unorganized sectors and/ or part of low-income groups. Tata AIA Life Insurance(Tata AIA), one of India's leading life insurers,has been selected by the Government of Nagaland to implement the Chief Minister's Universal Life Insurance Scheme (CMULIS). Under this scheme, the primary earning member of the family will be provided with alife insurance cover of…

17 Oct

SBI General Insurance boosts rural eye care in Meghalaya with innovative initiative

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SBI General Insurance, one of India’s leading general insurers, has undertaken a significant initiative to enhance access to eye care services in the rural areas of Meghalaya. As part of this initiative, SBI General Insurance has donated a patient transport bus and is supporting 28 community eye check-up camps across the state. This initiative aims to benefit approximately 2,000 patients, helping to bridge the gap in healthcare accessibility for residents in remote regions. To address this, SBI General Insurance has joined hands with Mission for Vision and its partner, Society for Promotion of Eye Care and Sight (SPECS), to launch…