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Ujjivan Small Finance Bank collaborates with LoanTap to provide personal loans to salaried class

Ujjivan Small Finance Bank announced a strategic partnership with LoanTap – a leading digital lender providing loan options to the salaried segment of customers. This is part of Ujjivan SFB’s API banking initiative. Speaking about the partnership, Dheemant Thacker, Digital Banking Head, Ujjivan Small Finance Bank said, “This collaboration will facilitate convenience to customers seeking personal loans, making the overall process faster and seamless.” Manish Kumar Raj, Business Head - Personal Loans said, “Digital partnerships are strategically important as it gives access to a diverse mix of customers.” Amit Tewary, COO, LoanTap said, “Flexible and fast loan offerings will eliminate loan-related hesitations and drive customers towards a care-free loan process.”

Emami increases its stake in Helios Lifestyle Pvt Ltd (The Man Company)

Emami Limited has increased its existing strategic stake of 33.09% to 45.96% in Helios Lifestyle Pvt Ltd (“Helios”). Emami had previously acquired 33.09% equity stake in Helios Lifestyle, known for its male grooming brand ‘The Man Company’ (TMC) in two tranches. Helios owns TMC which offers a head-to-toe range of premium men’s grooming products in bath & body, beard management, shaving and perfumes category. Harsha V Agarwal, Director, Emami Ltd said, “The promoters bring in lot of passion with strong understanding of the online & digital space which are necessary for growing the business aggressively”.

Bajaj Allianz General Insurance distributes ambulances under its ‘Saving Lives’ initiative

Bajaj Allianz General Insurance in collaboration with Janki devi Bajaj Gram Vikas Sanstha distributed 17 advanced life support ambulances in 17 cities as a part of the Company’s Saving Lives initiative. Bajaj Allianz General Insurance has tied up with select hospitals and hospital groups such as Apollo Hospitals - Hyderabad, Poona Hospital - Pune, Guru Nanak Hospital - Mumbai. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance said, “The Covid-19 pandemic has taught us empathy, resilience, and more importantly brought us all together to support each other in these challenging times. I feel that it’s only when we unite all the forces and strength, can we fight this pandemic more effectively.”

ITC Ltd. introduces ‘Sunfeast All Rounder’

ITC Ltd.’s Sunfeast has introduced another new-to-market biscuit experience with the launch of Sunfeast All-Rounder - an exciting new potato biscuit that is masala sprinkled, crunchy and one of the thinnest biscuits ever manufactured in India. The delightful inclusion of potato in the base promises a revolutionary new experience in the `6,000 crore cracker biscuits category. Ali Harris Shere, Chief Operating Officer, Biscuits and Cakes Cluster, Foods Division, ITC Limited said, “Sunfeast All Rounder aims to offer consumers a differentiated premium offering in a cracker format. With crackers constituting a large segment in the biscuits category, we believe it is an opportune time to further strengthen our portfolio and provide consumers with trend setting and delightful offerings.’’ 

Dr. Reddy’s Laboratories Announces Commercial Launch of 2DGTM

Dr. Reddy’s Laboratories Ltd. announced the commercial launch of 2-deoxy-D-glucose (2-DG). 2-DG was developed by the Institute of Nuclear Medicine & Allied Sciences (INMAS), a laboratory of the Defence Research and Development Organisation (DRDO), in collaboration with Dr. Reddy’s. Dr. G. Satheesh Reddy, Secretary Department of Defence (R&D) and Chairman, DRDO said, “We are pleased to have worked with Dr. Reddy's Laboratories, Hyderabad, for testing 2-DG as therapeutic application in treatment of Covid-19 patients." Satish Reddy, Chairman, Dr. Reddy’s said, “2-DG is yet another addition to our Covid-19 portfolio that already covers the full spectrum of mild to moderate and severe conditions and includes a vaccine.”

Pearson announces the appointment of Siddharth Banerjee as Managing Director, India & Asia

Pearson announced the appointment of Siddharth Banerjee as the new MD for India and Asia. Siddharth will work towards strengthening Pearson’s Direct to Consumer (D2C) strategy and Digital proposition in the region while building a direct relationship with the education ecosystem in the region. Banerjee said, “There is a huge opportunity for us to contribute to the emerging and evolving digital Indian education landscape and we have a job cut out for ourselves and I along with my team will leverage our strengths that are in line with the rise in online and digital learning, as well as addressing the workforce skills gap across the emerging economies in Asia.

GHFL's International Brand "Global" Bags Silver at Tint-Off Contest In The USA

Garware Hi-Tech Films Limited (GHFL) announced that it has bagged a silver medal at the International Window Film Conference and Tint-Off competition in Orlando, Florida. GHFL's participated in the exhibition with the “Global" brand under which it sells the Window film in US. Speaking about the win Monika Garware, VC and Joint MD, GHFL said that “This proves that our products are among the best in the world and pass all the test of application skill, quality of the product, ease of application.”