SPIRIT OF MUMBAI

Celebrate 12 years of bancassurance partnership   New Delhi, May 31, 2022:  Max Life Insurance Co. Ltd (“Max Life/ “Company”) and Axis Bank Ltd (“Axis Bank”) have completed twelve years of bancassurance partnership. On this milestone, the companies are aiming to enhance their distribution network in this fiscal.   In FY21-22, Axis Bank together with its subsidiaries have acquired 12.99% stake in the Company. The joint venture served as a milestone in Max Life’s journey towards empowering customers with holistic insurance products. The synergies have resulted in a strategic push towards selling products such as protection, which is the need of the hour for Indian consumers.   Leveraging the strong presence of Axis Bank’s 4,700+ branches pan-India, both companies have protected 23.8 lakh lives, by selling 28.4 lakh policies.This has resulted in Rs. 3,35,125 crore sum assured, till date. Together, Max Life and Axis Bank have deployed digital transformation journeys for ...

  Customers from across the country shopped for fashion products including metro cities, and emerging towns including tier 3, 4 and 5 cities that saw an increased participation during the spring-summer season A substantial number of  overall customer base shopped for fashion products for the first time Sarees, men’s T-shirts, watches, sunglasses, women’s kurtis, footwear and jeans topped the demand chart   Bengaluru - May 31, 2022:  As the Spring Summer season 2022 draws to a close,  Flipkart, India’s homegrown e-commerce marketplace, has recorded a sale of over 200 million fashion products  across close to 19,200 pin codes.   The Spring Summer Season also played a key role for customers and sellers and saw close to 175,000 fashion sellers participating. These sellers came from not just metros but from tier 2 and tier 3 towns as well. Customers shopped for fashion and lifestyle products including sarees, men’s t-shirts, watches, sunglasses, women’s kur...

Mumbai, May 31, 2022: As a part of Azadi ka Amrit Mohatsav to commemorate the 75th year of Indian Independence, Hon’ble Prime Minister, Shri Narendra Modi will virtually engage with over 2,000 beneficiaries of various public welfare schemes on Tuesday, May 31 at BPCL Refinery Sports Club, Mumbai.  Hon’ble Union Minister of State, Panchayat Raj, Shri Kapil Moreshwar Patil will grace the event. The primary objective of the interaction is to understand how these schemes have helped the beneficiaries in ease of living and improve on the execution front based on feedback received from the beneficiaries. Around 2,000 beneficiaries of 13 Government of India schemes such as Pradhan Mantri Awaas Yojana Urban, Pradhan Mantri Kisan Samman Nidhi, Pradhan Mantri Ujjwala Yojana, POSHAN Abhiyan, Pradhan Mantri Matru Vandana Yojana, Swachh Bharat Mission, Jal Jeevan Mission & AMRUT, Pradhan Mantri SVANidhi Scheme, One Nation One Ration Card, Pradhan Mantri Garib Kalyan Anna Yojana, Ayushman Bh...

 30/05/2022 PANINDIA Mumbai, May 30th, 2022: The Board of Directors of Life Insurance Corporation of India (“LIC”)  approved the standalone and consolidated financial results for the year ended March 31, 2022.  Below are key highlights of our standalone results For the year ended March 31, 2022, LIC registered an increase of 6.1 per cent in the Net Premium  Income at Rs. 4,27,419 crore as compared to Rs. 4,02,844 crore in the previous financial year ended  March 31, 2021. The Profit after Tax (PAT) for the full year ended March 31, 2022 was Rs. 4,043.12  crore as against Rs. 2,900.57 crore for the year ended March 31, 2021, thereby registering an increase  of 39.39 per cent. The Earnings Per share (EPS) for the financial year 2021 -22 was Rs. 6.39 per share.  The Yield on Investments on policyholders funds excluding unrealized gains was 8.55 % for period  ended March 31st, 2022 as against 8.69 % for year ended March 31, 2021. The Net NPAs in ...

National, 30th May 2022: OMRON Healthcare India, one of the leading players in the digital home blood pressure monitoring segment, today announced support towards the #THEBIGSQUEEZE movement to bolster the ongoing ‘May Measurement Month (MMM)’ global campaign in India.  This movement aims to encourage people of all ages to get their blood pressure checked in the world’s largest FREE blood pressure screening campaign. The objective is to heighten awareness about the dangers posed by elevated BP and hypertension and the importance of monitoring blood pressure regularly in India.  The MMM global campaign is led by ‘International Society of Hypertension’. This annual program focuses on educating people about the impact of hypertension on their cardiovascular and cerebrovascular health. It also provides insights into diet and lifestyle advice for hypertensives and for facilitating improved follow up for sufferers. Volunteers in more than 85 countries will screen people in cities, t...

• To relay 50% of the proceeds of NFTs listed by artists to the Akshaya Patra Foundation CHENNAI, 30 May 2022: To use its platform to drive social change, Jupiter Meta, an integrated Web 3.0 entity, has launched art NFTs on its digital marketplace to inspire people to be catalysts for social change by channelling a percentage of the sales to social upliftment. In a first in the country, Jupiter Meta has curated a list of NFTs in collaboration with four artists. There are 22 digital art pieces to choose from on the Jupiter Meta marketplace, priced between INR 6,000 and INR 12,000, and 50% of proceeds from each NFT sale will go to a not-for-profit cause: currently—the Akshaya Patra Foundation. Jupiter Meta will eventually partner with more NGOs for this cause. Along with the art NFT being deposited in their wallet, users will get a zero-value social token badge, which will also be given to the artist making the sale. These tokens generate plenty of social value and can be displayed on ...

Singapore Airlines (SIA) today unveiled its all-new flagship SilverKris and KrisFlyer Gold lounges at Singapore Changi Airport Terminal 3, following a S$50 million re-design, upgrade, and expansion project. This will further enhance the on-ground customer experience at the Airline’s main hub, and comes as the demand for international air travel from and through Singapore takes off once again.  The Private Room, the First Class section of the SilverKris Lounge, the Business Class section of the SilverKris Lounge, and the KrisFlyer Gold Lounge can collectively accommodate around 1,150 customers within their 6,100 square-metres, translating to 30% more seats and space. This also doubles the capacity that was available during the pandemic while the upgrading works were going on.  The Airline has created a sanctuary that has been thoughtfully designed to enhance the comfort and convenience of diverse groups of travellers, and meet their evolving needs in the coming years. Customers...

  Documentaries created by students from famous institutes such as the Shrishti Films, Amruta School of Communications and others will be screened during MIFF 2022   Mumbai, 30th May 2022:  The National Bank for Agriculture and Rural Development (NABARD) has worked relentlessly from its inception to address the challenges of rural India and farming communities. A special screening of 23 documentaries will be held in partnership with the Mumbai International Film Festival (MIFF), out of which 12 were screened today.   Climate change, water, the rural market, NABARDS success stories, and other issues confronting rural communities will be addressed in the documentaries on display.  To give just a few examples of short films,    'Water for the Future'  depicts how NABARD has helped people in Bhiwani district, Haryana, overcome water scarcity and ensure surplus water,  'Coconut Story Success'  depicts the success of a NABARD-supported coconut...

Mumbai, India - May 29, 2022: The Indian Cancer Society (ICS), India's first voluntary, non-profit, national  organization for awareness, detection, cure and survivorship of those affected with cancer organised a ‘UGAM  Cricket Match’ on 29th May 2022 at the Mahim Juvenile Sports Club. It was one of its many initiatives to spread  the message stating, ‘Childhood Cancer is Curable’ under the youngest unit of theirsurvivorship program, UGAM  - a support group formed by childhood cancer survivors from the After Completion of Therapy (ACT) clinic of  Tata Memorial Hospital, with an aim to empower the cancer survivors.  Returning to normalcy post the COVID-19 outbreak, the match witnessed a high-spirited on-ground participation  of more than 50 victors. A week ahead of the ‘Cancer Survivors Day’ which is observed on the first Sunday of  June each year, a zestful game of cricket was played amongst the exemplary Gen Z and Millennial warriors aged  b...

-               The company plans to leverage its strengths to develop and market SaaS based products through a wholly-owned subsidiary  MUMBAI – May 27, 2022: Decimal Point Analytics (DPA) a rapidly growing provider of Data Analytics products and services, announced today its strategic investment of 35 crores by a large global institutional investor. DPA’s expertise in the Finance and Technology domains enables it to build a cutting-edge bespoke solution in Financial Research and Data Analytics for its clients across the US, UK, Europe, India, Middle East, and South Africa. The Company has aggressive plans to leverage its strengths to develop and market SaaS based products over the next couple of years. through its wholly-owned subsidiary, DPA Smart Cloud, at IFSC, Gift City, Gandhinagar. The services proposed under DPA Smart Cloud are expected to serve a wide range of financial services firms and provide them a...

Introduces 3 plans - Plus, Power and Prime & a bouquet of 38 new-age features to cater to evolving medical requirements Industry-best features: • Double Cover on same claim  • Unlimited reinstatement of Base Sum-insured  • Guaranteed Cumulative Bonus  • Reduce Pre-Existing Disease Waiting Period  • Modern Treatment up to 100% of sum insured • Wide sum-insured option 3 lakhs to ₹1 crore  • Hospital Cash & Consumable Cover • Upgrade hospital room rent limits    • Loyalty benefits on Year-on-Year renewal (over and above sum insured limit) • Covers up to 12 family members in the same family floater policy Mumbai, 27th May 2022: Reliance General Insurance Company Ltd. (RGICL), one of India’s leading Private General Insurance Companies, launches the most flexible and customisable health insurance policy – Reliance Health Gain. The policy offers customers an opportunity to design their health insurance policy by choosing features a...

Life Insurance Corporation of India introduced a new plan Bima Ratna with effect from  27.05.2022 which is Non Linked, Non-participating, Individual, Savings Life Insurance Plan  which offers a combination of protection and savings. It is a Limited Premium paying,  Money Back Plan with Guaranteed Additions. The plan is available for a term of 15, 20 and 25 years. Premium Paying term is 4 years less  than Policy term. Plan provides 25% of Basic Sum Assured as Survival Benefit at the end of  each year for the last two years of policy term (T-2 & T-1) , provided the policy is in force and on maturity balance 50% of Sum Assured is payable along with Guaranteed Additions.  The Guaranteed Additions shall increase in steps with the duration of the policy. The plan  provides financial support for the family in case of unfortunate death of the Life Assured  during the term of the policy after the commencement of risk. The Sum Assured on Death  is ...

WION News exclusive interview at the Quad Summit with Japan’s former Prime Minister: Shinzo Abe National, May 27th, 2022:  WION – India’s first and only international news channel, spoke exclusively to Japan’s former Prime Minister, Shinzo Abe as part of the channel’s flagship Global Leadership Series hosted by Palki Sharma Upadhyay, Managing Editor of WION.  Abe said Joe Biden's statement on defending Taiwan in the event of an invasion by China, marks a shift in America’s Taiwan policy. Mr Abe said he believes Biden meant what he said and that this statement reflects a change in America's strategic ambiguity policy on Taiwan. Abe said "This is a comment given directly by President Biden. And he talked about the US's commitment to defend Taiwan. Even though the White House came out and denied it - saying that it is the same policy. But I think essentially what President Biden had said was the truth and it was a message to China."  He further added "On the ver...

Introduces 3 plans - Plus, Power and Prime & a bouquet of 38 new-age features to cater to evolving medical requirements Industry-best features: • Double Cover on same claim  • Unlimited reinstatement of Base Sum-insured  • Guaranteed Cumulative Bonus  • Reduce Pre-Existing Disease Waiting Period  • Modern Treatment up to 100% of sum insured • Wide sum-insured option 3 lakhs to ₹1 crore  • Hospital Cash & Consumable Cover • Upgrade hospital room rent limits    • Loyalty benefits on Year-on-Year renewal (over and above sum insured limit) • Covers up to 12 family members in the same family floater policy Mumbai, 27th May 2022: Reliance General Insurance Company Ltd. (RGICL), one of India’s leading Private General Insurance Companies, launches the most flexible and customisable health insurance policy – Reliance Health Gain. The policy offers customers an opportunity to design their health insurance policy by choosing features a...

 The Lubrizol Corporation’s FlowGuard®  Mumbai, May 27, 2022: Lubrizol Advanced Materials, Inc., inventors and the largest manufacturers of CPVC compound worldwide have won the Best Influencer Marketing Platform Award for its unique FlowGuard® Plus App at the 15th Edition of the Customer FEST Leadership Awards 2022. The award was received by Ms. Pooja Shetty, Head Marketing and Communication – South Asia, TempRite® Lubrizol along with the TempRite® India team. The Customer FEST Leadership Awards is conceived and managed by KamiKaze, a leading B2B conference organizer. Renowned industry veterans from leading organizations across the country including American Express, ABSLI, Kotak Mahindra, Edelweiss, Zendesk amongst others were part of the jury to pin down the revolutionary marketing initiatives spanned across Digital, CRM, Customer Loyalty, Influencer Marketing and Channel Marketing segments. The Customer FEST Leadership Awards 2022 witnessed the participation across sectors ...

~Building an Atmanirbhar Bharat by a focused impact on augmenting local economies~ National, 26 May, 2022:  India’s largest beverage company, Parle Agro has always been at the forefront of innovation in the development of iconic fruit based beverages like Frooti and Appy which have captured the hearts of India. In order to cater to the massive demand of their products nationally and globally, Parle Agro is focused on updating their internal infrastructure and also aggressively building capabilities and capacities of their fruit processing partners across India.  Since 1985, Parle Agro has worked consistently with Fruit Farmers and Processors within India with a vision to encourage their development and give them opportunities to elevate their earnings.  Parle Agro continues on this path and has invested heavily on their processing partners to help them extract their highest potential. Subsequently, the company has taken a determined stand to source 100% from within India ...

Mumbai, May 25, 2022 -  Take-Two Interactive Software, Inc. (NASDAQ: TTWO) (“Take-Two” or the “Company”) announced today the completion of its combination with Zynga Inc. (“Zynga”). Under the terms of the merger agreement, Zynga stockholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. “We are thrilled to complete our combination with Zynga, which is a pivotal step to increase exponentially our Net Bookings from mobile, the fastest-growing segment in interactive entertainment, while also providing us with substantial cost synergies and revenue opportunities,” said Strauss Zelnick, Chairman and CEO of Take-Two. “As we bring together our exceptional talent, exciting pipelines of games, and industry-leading technologies and capabilities, we believe that we can take our portfolio to another level of creativity, innovation, and quality. Each of our teams has a strong history of operational execution, and together, we expect that we w...