Tira by Reliance Introduces Own Label, Steps into Beauty
Reliance Retail’s Tira Beauty continues its aggressive expansion strategy with the launch of its first private label brand, Tira Tools. Announced on April 11, 2024, Tira Tools signifies the beauty platform’s foray into the lucrative beauty accessories market, a segment projected to reach a staggering USD 5.5 billion by 2025 according to [Market Research Report]. […]
Maruti Suzuki Raises Swift, Grand Vitara Prices
In a move that might dampen consumer spirits, Maruti Suzuki, India’s car market leader, announced fresh price hikes for its popular Swift hatchback and select variants of the Grand Vitara SUV on April 10, 2024. This comes just three months after a company-wide price increase in January 2024, raising concerns about the affordability of these […]
Piramal Invests Rs 500 Cr in Puravankara
In a move that promises to reshape the landscape of Indian real estate, Piramal Enterprises, the Piramal Group’s flagship company, has announced a strategic investment of over Rs 500 crore in a carefully curated selection of projects undertaken by Bengaluru-based developer Puravankara Group. This collaboration signifies a major development, aiming to bolster Puravankara’s projects across […]
SBI, Standard Chartered Embrace New RBI Norms in CDS Trade
The Indian financial sector witnessed a watershed moment on April 4th, 2024, as the country’s leading lender, State Bank of India (SBI), joined forces with Standard Chartered Bank India to execute the first-ever Credit Default Swap (CDS) trade valued at ₹25 crore. This pioneering transaction serves as a tangible outcome of the Reserve Bank of […]
KABIL, CSIR-IMMT Partner for Critical Minerals Advancement
India’s quest for self-sufficiency in critical minerals received a significant shot in the arm with Khanij Bidesh India Limited (KABIL) and the Council of Scientific and Industrial Research (CSIR) – Institute of Minerals and Materials Technology (IMMT) joining forces. The two organizations inked a Memorandum of Understanding (MoU) on technical and knowledge cooperation, marking a […]
Policybazaar, ICICI Lombard: Partnership for Insurance Growth
In a significant move to bolster insurance penetration in India, which currently stands at around 4.2%, ICICI Lombard General Insurance Company Limited has formed a strategic partnership with Policybazaar, India’s leading insurance marketplace platform boasting over 100 million users. This collaboration leverages Policybazaar’s established digital platform to offer a comprehensive suite of insurance products to […]