Mumbai, India, November 6, 2024 — Tessolve, a Hero Electronix venture and a leading provider of semiconductor engineering solutions for cutting edge chips, today announced the signing of a definitive agreement to acquire 100% of Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for a consideration of up to ₹400 Crore (EUR 42.5 Million). The signing is subject to regulatory approvals. This…
GlowGreenThisDiwali: Ecofy’s Campaign to Illuminate the Way to Eco-Friendly Celebrations
Mumbai, November 06, 2024: Ecofy, India’s leading green-only NBFC backed by Eversource Capital, unveiled its #GlowGreenThisDiwali campaign, a social media initiative designed to promote sustainable and eco-friendly celebrations during Diwali, the festival of lights. Running from October 26 to November 4, 2024, the social media contest invited participants to share their sustainable Diwali celebration ideas on social media. The campaign encouraged participants to embrace eco-friendly…
Speciale Invest Backs Anubal Fusion, Paving the Way for India’s Clean Energy Future
Bengaluru, India, 6th November 2024: Anubal Fusion, India’s pioneering nuclear fusion startup, has secured pre-seed funding exclusively from Speciale Invest, marking a pivotal milestone in advancing the country’s role in sustainable energy innovation. This strategic investment aligns Anubal Fusion with a select group of global innovators working to make nuclear fusion—a clean, limitless power source—a commercial reality. In a world grappling with an urgent energy…
Lodge Keys Aims to Certify 1,000 CPR Ambassadors in 12 Months
Hyderabad, November 06, 2024……The city’s primary unit of Freemasonry, the Lodge Keys No. 297 is to celebrate its 30th anniversary tomorrow in the city at Goshamahal Baradari Masonic Building. Padma Shri T.N. MANOHARAN, Regional Grand Master of the Regional Grand Lodge of Southern India will be the Chief Guest. To mark the occasion and celebrate the same Lodge Keys has embarked on several initiatives. It…
L&T Metro Rail Hyderabad Rolls Out RCS-Based Ticketing and Google Wallet Services in Collaboration with Route Mobile and Billeasy
06 November 2024, Hyderabad, India: — Route Mobile Limited (“Route Mobile”), a leading cloud “communication platform service provider, has partnered with Billeasy E Solutions Private Limited (“Billeasy”), a Mumbai-based integration partner,” to launch a unique ticketing experience for the L&T Metro Rail Hyderabad Ltd commuters. This initiative leverages Rich Communication Services (RCS) and Google Wallet services to enable commuters to easily book e-tickets, save them in Google Wallet, and access them across multiple […] The post L&T Metro Rail Hyderabad Rolls Out RCS-Based…
Lucky Lakshmi Festival Celebrates in Kolkata, First Winner Revealed
Kolkata, 6th November 2024 – The All India Gem & Jewellery Domestic Council (GJC) is excited to announce the next chapter of the Lucky Lakshmi Festival, themed “Get Blessed, Be Lucky,” now underway in Kolkata. This year’s festival, which began in Delhi on October 22nd and will run until December 9th, 2024, is set to bring a unique celebration of prosperity to new audiences. In…
‘Tulip’ Unveiled by Dr. Virendra Kumar at Shilp Samagam Fair Inauguration
New Delhi, November 6 The Ministry of Social Justice and Empowerment held a grand opening for the Shilp Samagam Fair at Delhi Haat, INA, in the capital city of Delhi. On this occasion, the Union Minister of Social Justice and Empowerment, Dr. Virendra Kumar, launched “TULIP” (Traditional Artisans’ Upliftment Livelihood Programme) under the guidance of the Ministry’s premier corporation, NBCFDC. The goal of TULIP is…
Simpli Namdhari’s Champions Local FMCG Brands with ‘Vocal for Local’ Initiative in Karnataka
Bengaluru, November 6, 2024: Simpli Namdhari’s, India’s only 100% veg Omni-channel retailer with over four decades of heritage in Karnataka’s farming and retail sectors, is proud to launch ‘Vocal for Local’, a first-of-its-kind initiative to empower and support local FMCG brands. This initiative launched on the occasion of Karnataka Rajyotsava on November 1st, aims to offer a premium retail platform for grassroots brands with limited…
HP Launches ‘Stories of India’ Initiative to Preserve Cultural Folklore
New Delhi, November 06, 2024 – During Diwali week, HP India released its Diwali campaign ‘Stories of India with HP’, bringing together tradition and technology in a heartfelt tale of legacy preservation in the digital era. The campaign follows Sharad, a retired storyteller, who represents a generation that often feels left behind by today’s fast-paced, digital-first world. Through Sharad’s journey, HP highlights the transformative role…
Dr Reddy’s Laboratories Ltd. Q2FY25 Result First Cut – Revenue gains momentum; Net profit drops due to weak US demand
By-Prathamesh Masdekar, Research Analyst, StoxBox – The Company reported revenue growth of 16.5% YoY and 4.4% QoQ to Rs. 8,038 crores, above market expectations of Rs. 7,717 crores. – The Global Generics (GG) segment witnessed broad based revenue growth of 17.0% YoY / up 4.0% QoQ to Rs. 7,158 crores, driven by improved sales volumes and new product launches. Emerging Markets and Europe primarily drove…
Project Vriddhi Completes 5 Successful Years: Nestlé India and SM Sehgal Foundation Celebrate Milestone
Bengaluru, November 06, 2024: Nestlé India and SM Sehgal Foundation celebrated the successful completion of five years of Project Vriddhi in Nuh district. The project was launched in 2019 in Rohira village to strengthen community-led rural development. Since its inception, the Project has positively impacted the lives of 18,000 beneficiaries across 14 villages. This milestone was marked by an event in the Kaliyaka village, attended…
JK Tyre Posts Strong Q2FY25 Earnings with Rs. 144 Crore Net Profit
New Delhi, November 06, 2024: Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its unaudited results for Q2 of FY2025. Commenting on the results, Dr. Raghupati Singhania, Chairman and Managing Director (CMD), said, “JK Tyre, maintained it’s volumes & presence in the Passenger Car segment despite lower demand in the category. Commercial vehicle segment also witnessed slackening attributable to general election…