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Loan book grew 11% YoY to Rs.97,787 crore Total deposits grew 21% YoY to Rs.1,02,283 crore Bandhan Bank announced its financial results for the third quarter of the financial year 2022-23. The Bank has crossed the milestone of Rs.2 lakh crore of total business in a span of just over seven years of operations. Driven […]
Kimberly Clark’s Kotex has recently launched a superior, premium innovation in India called the Kotex Prohealth+ sanitary pads. Kotex relaunched in India in May 2022 with their innovative Overnight Period Panties range. Eight months hence, Kotex is back with their latest offering, Kotex Prohealth+, that allows consumers to #ChooseItAll, to not trade off or make compromises on their sanitary […]
Company targets over INR 1200 crore in revenue by FY 24 with an eye on profitability The funding round saw participation from all existing investors Sequoia Capital India, Verlinvest, and SIG Wakefit.co announced its Series D round of funding of INR 320 crore (~$40 million) Investcorp, a leading manager of alternative investment products with a 40+ year track […]
State Bank of India (SBI) has launched e-Bank Guarantee (e-BG) facility in association with National e-Governance Services Limited (NeSL). This facility will bring about a revolutionary change in the banking ecosystem, where bank guarantee is frequently used in large volumes. Currently, the bank issues these guarantees with physical stamping and wet signatures. The introduction of […]
Shopsy grew by over 650% in terms of app installs as per the Sensor Tower Report More than 70% growth has come from tier 2 and 3 markets Shopsy, a hyper-value e-commerce platform, has emerged as the third most downloaded Android app in India in 2022. According to Sensor Tower which is a leading market intelligence and […]
Palbociclib has a unique mechanism of action which helps in delaying disease progression when co-administered with hormonal therapies Sun Pharma’s brand, PALENOTM is the branded generic version of the innovator product Sun Pharmaceutical Industries Limited today announced that one of its wholly-owned subsidiaries has launched a novel anti-cancer drug, Palbociclib in India for patients who have advanced […]
Synopsys Gross Exports of gems & jewellery witnessed a growth of 6.28% to ₹227534.50 crores in April-Dec 2022 Plain Gold Jewellery grew 20.98% to ₹ 24242.91 crores in 9MFY23 FTAs with UAE and recently with Australia is working in favour of gem & jewellery exports from India. Post the India-UAE CEPA, India’s Plain Gold Jewellery exports […]
Over 77% of mental health consultations came from young adults aged 21 – 30 Plum, an employee health insurance platform, has observed a 4x increase in telehealth consultation bookings from its customers over the last seven months, for issues pertaining to employees’ mental health. Analyzing its telehealth data, Plum noticed that over 77% of mental […]
Aditya Birla Sun Life AMC Limited has announced the launch of Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt and commodities. The fund will focus on diversifying its investments across a variety of asset classes in an attempt to balance risk and reward by allocating optimal weights to the assets. The NFO will […]