BUSINESS

IIT-Mandi launches a new AI program

In partnership with NSDC and Masai School, IIT-Mandi has launched a jointly recognized credit-linked micro-specialization in machine learning and artificial intelligence (AI). This collaboration combines the knowledge of three prestigious universities to provide IT workers with a life-changing learning opportunity.

WDRA and PSB to enable financing

Punjab & Sind Bank (PSB) and the Warehousing Development Regulatory Authority (WDRA) have signed a Memorandum of Understanding (MoU) to assist farmers and merchants in obtaining low-interest loans. The purpose of the MoU is to improve rural liquidity by raising knowledge of financing alternatives to electronic negotiable warehouse receipts, or e-NWRs.

Bridgestone introduces a new tire.

For the passenger car market, Bridgestone India has introduced the Bridgestone Turanza 6i, a new generation of tires. The tire, designed especially for Indian roads, offers an excellent level of comfort throughout the journey, along with better wear and fuel economy.

AUSFB starts a worldwide money transfer

The biggest SFB in India, AU Small Finance Bank, celebrated its seventh banking anniversary and 29th foundation year by launching “AU Remit,” a platform for initiating international financial transfers under the liberalized remittance scheme (LRS), which is tailored to the various demands of its retail clients.

NSE launches a Ludhiana center.

An ‘Investor Service Centre’ has been built in Ludhiana by SEBI, in collaboration with the stock exchanges NSE and BSE, to address the requirements of investors in Punjab’s securities markets. Senior authorities, including SEBI Executive Director VS Sundaresan officially opened the NSE-managed center.

Raises $10 million for PHF Leasing Ltd.

PHF Leasing Ltd., an NBFC with its headquarters in Jalandhar that takes deposits, said that it has obtained $10 million in capital via a combination of debt and equity. Approximately 60% of this is stock and 40% is debt. The firm is seeing rapid expansion in the markets it serves, and this money will be used to support that development.

Pierag Consulting will employ personnel.

Pierag Consulting is seeking to expand its recruitment efforts in Chandigarh. Pierag Consulting is a worldwide consulting company that specializes in assurance, accounting advice, business risk advisory, and tech risk advisory services. Professionals with appropriate job experience, including BTech, MTech, ACCA, CPA, and CAs, are the target candidates.

NatureFit and Mindspace collaborate

As its wellness partner for preventative wellness, Raheja’s Mindspace, a top developer of commercial and industrial estates, has teamed up with the innovative health tech platform NatureFit. The partnership intends to provide complete healthcare solutions to Mindspace workers in Mumbai and Pune.

Benefits for owners of MG Gloster

The British automaker MG (Morris Garages) has revealed a special ownership experience package for the MG Gloster. With a cap of 45,000 kilometers of vehicle operation, its owners may now take advantage of free servicing and repairs for the first three years of ownership, including fees for wear-and-tear components.

Ludhiana’s Sleep Company is now open

The Sleep Company has declared the opening of its brand-new Ludhiana retail location. In only four years, the firm has grown remarkably, becoming more nationally recognized. As of September 2023, the company’s ARR surpassed Rs 350 crore.

Haier introduces its QLED line.

The most recent model of Haier Appliances India’s Smart QLED Series, the S800QT, has been released. The series, with its 4K QLED display, is meant to enhance the home entertainment experience. It is available in four sizes: 75″, 65″, 55″, and 43″. It will cost Rs 38,990 and be accessible via all sources.

Ctrl F 2.0 is introduced by Core Integra.

Leading labor law compliance firm in India, Core Integra, has announced the opening of its Ctrl F open-access knowledge portal. More than 40,000 pages of labor laws, 10,000 compliances, 755 rules, 204 Acts, and 44 laws are covered by the information platform Ctrl F 2.0. It also includes 2,000 forms with more than 200 multilingual versions.

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