Author: Kashmeera Sambamurthy

Mitsubishi to enter Indian automobile car sales market

TVS, which handles Honda cars dealerships in the country, its focus will be how to increase Mitsubishi’s network across India. (Image source: Unsplash)

Mitsubishi, which acquired a 32 percent stake, as per a media report, the company’s investment in India is expected to be between $ 33 million to $ 66 million.

Japan’s Kirin Holdings to purchase additional stake in B9 Beverages, maker of Bira

Over the last 15 months, Kirin Holdings and Japan’s MUFG Bank separately invested $80 million in B9 Beverages. In December 2023, it was reported that B9 Beverages was in talks with investors to raise Rs 400 crore in fresh funding from existing investors as well as new ones, stated a media report. (Image source: Unsplash)

The transaction, which was made through the purchase of fresh shares, will boost the group’s holding in B9 Beverages.

Dalmia Cement rolls out ‘RCF Strong toh Ghar Strong’ campaign featuring Ranveer Singh

The All India Organisation of Chemists and Druggists (AIOCD) had asked that Mankind withdraw its advertisement for vitamin supplement HealthOK, featuring Ranveer Singh, under the Consumer Protection Act 1986 and Sales of Goods Act 1930. (Image source: News18 Hindi)

The campaign will be launched through a comprehensive multimedia approach with Singh adding much efficacy to the brand’s message of predominant technical knowledge, and peerless service, as amplified by the slogan, “RCF Strong toh Ghar Strong”.

Kotak Mahindra Bank makes appointments at leadership levels; KVS Manian joins as joint managing director

KVS Manian, whole-time director, Kotak Mahindra Bank said, “We are embarking on an exciting journey of growth and innovation, and I am honoured to step into this new role as Joint Managing Director. I am committed to working closely with my esteemed colleagues to drive our group forward, delivering value to our customers and stakeholders while upholding our core values of ethics and integrity."

Shanti Ekambaram has been appointed as deputy managing director, Devang Gheewalla will succeed Jaimin Bhatt as the group chief financial officer,
Milind Nagnur has been elevated as chief operating officer and Paul Parambi has been elevated as group chief risk officer.

Equitas SFB becomes official banking partner for Chennai Super Kings

As per reports, an IPL team was fined Rs. 9 lakh by the BCCI for posting a video on social media during an on-going game. (Image source: Moneycontrol)

Through this collaboration, Equitas is introducing a range of banking benefits up to seven percent interest on savings, no maintenance charges, reward points on all debit cards, and contactless KYC video services