INDIAN NEWS & TIMES

Friday, October 7, 2022

Shahi Exports, India’s largest apparel manufacturer, today announced Anant Ahuja has joined the Board of Directors of the Better Buying Institute (BBI). BBI was set up in 2015 with a mission to enable buyers and suppliers to work together with responsible purchasing practices to achieve shared goals of profitability and social and environmental sustainability. As the first South Asian supplier to join the BBI Board, Anant’s appointment is a significant […]

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On September 30, 2022, the Ministry of Petroleum and Natural Gas increased the price of natural gas by 40% to an all-time high of $8.57/mmbtu (metric million British thermal unit) for the second half of the current fiscal, based on the administered pricing formula1 (APM). This followed a 110% increase already applicable for the first half. The APM gas is supplied largely to compressed natural gas (CNG) and domestic piped […]

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The country’s largest luxury carmaker Mercedes-Benz today achieved a significant milestone in its India journey, by rolling out the country’s most advanced and sophisticated luxury Electric Vehicle – the EQS 580 4MATIC. India is the first market outside Germany to manufacture the EQS 580 4MATIC. The EQS 580 4MATIC, which becomes India’s longest range EV, is a design and technology marvel and sets new benchmark in the luxury EV segment. […]

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Mysore Deep Perfumery House (MDPH) a household name in agarbatti market with its flagship brand Zed Black Agarbatti on the auspicious occasion of Navratri Festival announced its foray into the puja essentials segment with the launch of ‘Samarpan’, a widest range of puja samagri and puja category products for domestic & export markets. The product portfolio that includes Camphor, Bhimsaini Camphor, Chandan Tika, Diya Batti, Sambrani Dhoop Cups, Agarbatti, Puja […]

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Sona BLW Precision Forgings Ltd (Sona Comstar), one of India’s leading automotive technology companies, has signed an MoU with Ashoka University to provide scholarship to eligible Women Scholars pursuing Computer Science or Mathematics as their major/minor in the undergraduate program. The program will benefit fourteen meritorious and deserving women students from economically weaker backgrounds for three years. Higher education has a life-changing and sustainable effect on individuals, communities and societies. […]

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Torrential rains and Bengaluru’s under-planned development have led to water-logged roads and inundation of the city. The IT capital has been in chaos with boats replacing cars on roads, people being rescued by tractors and students and professionals back to online classes and work-from-home. To add to this, about 50 areas in Bengaluru did not have access to clean drinking water for two days due to the flooding and damage […]

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Foxhog Ventures, the Indian arm of a USA Based Venture Capital firm, introduced a slew of progressive policies for all its employees, especially women, and transgender to create a nurturing and conducive environment for its workforce. With this the company is setting new benchmarks and fostering a diverse and inclusive work environment for its employees across the country. To motivate its employees, the company has also introduced an innovative policy […]

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APM Terminals Pipavav believes in high operation standards. In pursuit of operational excellence and to serve customers better, the port handled seven ship movements within a span of five hours through a well-coordinated efforts by different teams. The accomplishment is significant as it was undertaken in a one-way channel. A shipping movement is a marine operation involving, berthing / unberthing / shifting operation of vessel calling the port for cargo operations. Shipping […]

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 Daimler India Commercial Vehicles Pvt. Ltd. (DICV), a wholly-owned subsidiary of Daimler Truck AG (“Daimler Truck”), today announced the signing of a Memorandum of Understanding (MoU) with IIT Madras Incubation Cell (IITMIC) to set up a technology epicenter to identify mid to long term solutions necessary for the future of Mobility. The partnership coined as DICV-IITMIC was inaugurated today at IIT Madras Research Park situated in the city. Under this […]

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India’s largest luxury carmaker Mercedes-Benz today made an important organizational announcement. After an extremely successful stint in India, Martin Schwenk will assume the responsibility as the President and Chief Executive Officer, Mercedes-Benz Thailand. Santosh Iyer gets elevated and succeeds Martin Schwenk as the Managing Director & CEO of Mercedes-Benz India. Both these appointments will be effective from 1-Jan, 2023. In the last four years under the leadership of Martin Schwenk, […]

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Jai Auto celebrated the first-anniversary launch of Skoda Kushaq by organizing a fashion show – ‘Vision of Silhouette’ by designer Rosy Ahluwalia. Skoda Kushaq is a  compact SUV available in three broad trims: Active, Ambition, and Style, and five colours: Candy White, Reflex Silver, Carbon Steel, Honey Orange, and Tornado Red. Its price starts from Rs. 11.29 Lakh (ex-showroom Delhi). Mr.Jaipal,  Mr. Bhavesh Chaudhary, Mr. Vivek Ahluwalia from Jai Auto, […]

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Global enterprise software provider Ramco Systems announced that it will implement its Logistics ERP Software at Freight Specialists, a leading freight and distribution services provider based out of Sydney, Australia, to automate company-wide operations and services. Founded over 30 years ago and privately owned, Freight Specialists is a leader in regional warehousing and distribution within Australia and New Zealand, known for high quality service and long-term customer relationships. With modules […]

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Mr. Ravindra Kumar Tyagi has joined as Director (Operations) at Power Grid Corporation of India Limited (POWERGRID) on 12th August’ 2022. He is having work experience of over 32 years in Power Transmission System, out of which over 26 years are in Operation and Maintenance (O&M) of Substations and Transmission lines at various key positions in premier CPSUs in power sector such as POWERGRID and NTPC. He has handled multi-disciplinary […]

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The MSMEs industry in India has several concerns regarding Google’s latest policy changes. The CEO of Synersoft Technologies, Mr. Vishal Prakash Shah, has sent an open letter to Google’s Apex Executive This is to announce that an open letter written to top management team at Google India, and copied to Competition Commission of India, Ministry of MSMEs, IT & Broadcasting, Science &Technology, Industry & Commerce, and Finance, has uncovered certain […]

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Blue Star’s Consolidated Q1FY23 Revenue grows 87.3% to Rs 1970.32 crores; Operating Profit grows 192.0% to Rs 123.31 crores With business and economic activities at 100% normalcy in Q1FY23, the growth momentum witnessed in Q4FY22 continued in Q1FY23. After two consecutive summers disrupted by the Pandemic, this year witnessed a normal summer without any restrictions. Consequently, demand for all Blue Star’s products and services witnessed an uptick compared to Q1FY22. The […]

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SafeStorage, India’s leading innovative self-storage solution provider has launched a full set of packing and moving management solutions as a new service for the people of Bangalore. They currently have branches in Hyderabad, Chennai, Mumbai and Pune as well where they will be launching the service shortly. Over 32% of people migrate after retirement, while 46% of individuals use packers and movers to relocate for jobs, and the remaining 22% […]

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AI-driven Health-Tech B2B SaaS Platform, Heaps Health Solutions has appointed Ritesh Mittal as the Head of Strategy and Customer Success – Provider Network. He brings in 14 years of rich experience in healthcare delivery and has previously worked with Paras Healthcare Pvt. Ltd. and Medanta-the Medicity. He has held various roles spanning growth strategy, P&L leadership and core hospital operations. He is an alumni of Ross School of Business, University […]

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 Indian space-tech start-up Agnikul, today announced the opening of its Rocket Factory – 1 – India’s first-ever rocket facility dedicated to 3D printed rocket engines at scale. The rocket facility, situated at IIT Madras Research Park, was unveiled in a launch event by the Chief Guest- Shri N. Chandrasekaran, Chairman- TATA Sons and the Guest of Honour- Shri S. Somanath, Chairman, ISRO & Secretary, Department of Space. A facility unlike […]

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India ITME Society has announced its 11th edition of the textile  exhibition which will be held at the India Exposition Mart Ltd, Noida, from December 8th to the 13th, 2022. There will be 15 halls in a total area of 2,35,000 sq mtrs, making it the largest in this industry segment. This event is expected to host more than 1800 exhibitors in 22 Chapters and is expected. to have over […]

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Aviva India today announced the appointment of Asit Rath as Chief Executive Officer and Managing Director. Asit will take up his role on July 11 and succeed Amit Malik who is leaving the business after 10 years. Asit is currently the CEO of Prudential Myanmar Life Insurance. He comes with 22 years of banking and insurance experience in India and Myanmar and has strong distribution experience with ICICI Bank and […]

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