Business

Flipkart partners with Bajaj Allianz for digital motor cover

An e-commerce major, Flipkart and Bajaj Allianz General Insurance Company have tied-up to offer a digital motor insurance policy to Flipkart's customers. This partnership between the insurance company and an e-commerce major, will provide seamless, accessible as well as flexible...

INR-USD Futures & Options contracts launched on International Exchanges

INR-USD Futures and Options contracts have been launched on International Exchanges by the Union Minister for Finance & Corporate Affairs, Nirmala Sitaraman. The INR-USD Futures and Options contracts have been launched on BSE’s India INX and National Stock Exchange, NSE’s...

Mahindra & Mahindra rolls out ‘Own-Online’ platform

A car manufacturing corporation, Mahindra & Mahindra Ltd. (M&M) has rolled out an end to end, online vehicle ownership solution titled ‘Own-Online’. This platform has been launched by (M&M) to offer its customers a transparent, seamless and contactless experience from...

Axis Bank set to acquire stake in Max Life Insurance

Axis Bank would acquire a 29% additional stake in Max Life Insurance for an estimated price of Rs 1,592 crore. The deal will increase the Axis Bank‘s stake in Max Life to 30%. Max Financial Services will hold the remaining...

Airtel partners with Nokia to enhance network capacity

Nokia and Bharti Airtel has signed a deal of about $1 billion in order to enhance the network capacity of Bharti Airtel. A multi-year agreement has been signed by the two companies to deploy Nokia’s SRAN solution across nine circles...

RBI permits Transcorp to issue co-branded prepaid cards

The Reserve Bank of India has given its approval to Transcorp International Ltd to issue co-branded prepaid cards. With the approval, the RBI has allowed Transcorp to enter into co-branding arrangements for Prepaid Instruments that can be utilized in over...

Facebook acquires 9.99% stake in Reliance Jio

The social media platform & US tech titan Facebook has acquired a 9.99% stake Reliance Jio i.e. the telecom arm of Reliance Industries Ltd (RIL). Facebook has bought the 9.99% stakes for USD 5.7 billion (about Rs 43,574 crore). This...

TVS Motor Company acquires sporting Motorcycle brand ‘Norton’

TVS Motor Company's overseas subsidiary TVS Motor Singapore Pte. Ltd has acquired the United Kingdom’s most iconic sporting motorcycle brand ‘Norton’. The iconic sporting motorcycle brand was acquired in an all-cash transaction of £16 million. As a part of deal,...

Tata AIA Life Insurance offers additional benefits related to COVID-19

Tata AIA Life Insurance has announced additional benefits related to COVID-19 for Policyholders and Agents at no additional cost. Now, Tata AIA becomes 1st life Insurance Company in India to do so. Click Here To Get Test Series For SBI...

GMR Airports to develop & operate airport in Andhra Pradesh

GMR Airports Limited will develop & operate Bhogapuram International Airport in Andhra Pradesh. Government of Andhra Pradesh has issued a "Letter of Award" (LoA) to GMR Airports Limited for the development of greenfield international airport at Bhogapuram. Click Here To...