New Delhi: Domestic indices BSE Sensex and NSE Nifty 50 gained in trade on Monday. Nifty rose over 42 points to surpass the 18,600 level, while Sensex summed up 130 points to trade at the 62,750 level. The broader markets traded in the green, with Nifty Next 50, Nifty 100, Nifty 500 higher by up to 0.35%. Sectorally, Bank Nifty crossed the 44,000 level intraday but fell under the psychological level, down 0.04% at 43,970. Nifty Auto fell 0.1% while Nifty IT soared 1.55%, and Nifty Metal and Nifty Media gained up to 1.05%. HDFC Bank, Axis Bank, HDFC, Reliance…
Author: Rahul Mehra
New Delhi: SUGAR POP Beauty, a makeup brand, appoints Bollywood actress Shehnaaz Gill as its brand ambassador. The partnership between the brand and Shehnaaz aims to create opportunities for mass customer acquisition, especially with the Gen Alpha and Gen Z audiences in India. Shehnaaz will be first seen in a short digital introductory campaign that strengthens the brand’s USP of easy-to-use, high-quality makeup products and announces her as the face of the brand. The frame opens with Gill being herself, excited to make an announcement, asking the audience whether they’d like to be a ‘POP Star’. Followed by the ultimate…
The Lexicon Institute of Hotel Management is a unique hospitality education institute led by seasoned hospitality veterans catering to the educational needs of aspiring hoteliers, helping them transform into future hospitality leaders. With a student-centric and holistic approach supported by an advanced curriculum and strong industry collaborations, Lexicon empowers its students to become Day Zero Professionals who will add value to their organizations as budding hospitality leaders. Its focus is on the 360-degree development of its students by integrating various relevant technical and intellectual skill-enhancing certification courses into an advanced curriculum designed in partnership with leading hospitality businesses. With a…
Ahmedabad: Tata Motors, India’s leading automobile manufacturer, launches the Altroz iCNG equipped with India’s first twin-cylinder CNG technology at an introductory price of INR 7.55 lakhs (All-India, Ex-Showroom). With a deep understanding of its customer’s needs, Tata Motors has developed an industry-first CNG technology, the Altroz iCNG, which offers no compromise on boot space and comes with best-in-class features that ensure customers enjoy all the comfort and luxury of a premium hatchback. The Altroz iCNG comes equipped with advanced features such as Voice-assisted ElectricSunroof, WirelessCharger and Air Purifier. After the success of iCNG in Tiago and Tigor, the Altroz iCNG…
New Delhi: LG, India’s leading consumer durable brand, is set to make waves with the upcoming launch of its highly anticipated laptops LG Gram series. Designed to deliver exceptional performance, ultra slim design, and uncompromising portability, the Gram series is set to become synonymous with excellence in the world of laptops. The LG Gram 13th Generation series launch is scheduled for the 14th of June 2023, and it will be a momentous occasion for tech enthusiasts and consumers alike. The unveiling will take place exclusively on LG’s official website, lg.com/in/lg-gram, where visitors will have a front-row seat to witness the next…
New Delhi: The Financial Conduct Authority (FCA) in the United Kingdom has announced implementing new rules for crypto influencers starting October 8, 2023. These regulations aim to impose stricter guidelines on individuals promoting cryptocurrencies, according to reports. Under the new rules, crypto exchanges in the UK will be required to introduce a “cooling-off period” for new investors. Additionally, the FCA will prohibit the offering of “refer a friend” bonuses by organizations operating in this market. Sheldon Mills, the executive director of consumers and competition at the FCA, emphasized the need for the crypto industry to prepare for these significant changes.…
New Delhi: Approximately 50% of the total outstanding Rs 2,000 denomination notes in circulation as of March 31 have been returned to banks since May 19, according to Reserve Bank of India (RBI) Governor Shaktikanta Das. Out of the Rs 3.62 trillion worth of Rs 2,000 banknotes in circulation, around Rs 1.8 trillion has been deposited or exchanged. Das further stated that on a provisional basis, about 85% of the Rs 2,000 notes are being deposited into bank accounts, while the remaining are being exchanged at bank counters. State Bank of India’s chief economist, Soumya Kanti Ghosh, highlighted that approximately…
New Delhi: During the Digital India Dialogues held at the Indraprastha Institute of Information Technology in Delhi, Sam Altman, the CEO of OpenAI, emphasized the importance of considering artificial intelligence (AI) regulations to mitigate potential drawbacks. Altman had a meeting with Prime Minister Narendra Modi, where they discussed India’s opportunities and the necessity of global regulations to address potential downsides. Altman expressed his satisfaction with the meeting and mentioned his inquiry about India’s early and extensive adoption of ChatGPT, to which the Prime Minister provided insightful answers. OpenAI is also interested in funding Indian startups and has engaged in discussions…
New Delhi: BlackRock, the world’s largest asset manager, has announced plans to raise up to $7 billion for its fourth Global Renewable Power Fund. The fund aims to support climate-friendly investments and will primarily focus on projects in Organisation for Economic Co-operation and Development (OECD) countries. In addition to wind and solar energy, the fund will also explore opportunities in other clean technologies, such as batteries and grid infrastructure. The growing demand for investments in renewable energy projects is driven by institutional investors seeking to align their portfolios with the global transition to a low-carbon economy. BlackRock’s Global Head of Climate…
New Delhi: Adani Ports & SEZ (APSEZ) has set a goal to achieve a 100% renewable energy mix in its electricity consumption by FY25. In addition, the flagship company of the Adani group, Adani Enterprises (AEL), has made a commitment to plant 100 million trees by 2030. APSEZ aims to not only transition to a fully renewable energy mix but also reduce energy intensity by 50% and emission intensity by 60%, as outlined in the group’s environmental, social, and governance (ESG) performance compendium for FY23. Adani Transmission (ATL) has targeted a 60% share of renewable power procurement by FY27. The private…

