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  11. <title>How to Save Money on Your Car Insurance Premiums | Business Upturn</title>
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  14. <description>News &#124; Nation &#124; World &#124; External Affairs &#124; Business &#124; Money &#124; Culture &#124; Tech &#124; Sports &#124; Updates &#124; Breaking</description>
  15. <lastBuildDate>Thu, 02 May 2024 15:28:41 +0000</lastBuildDate>
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  24. <url>https://images.businessupturn.com/wp-content/uploads/2023/07/favicon-96x96.jpg</url>
  25. <title>How to Save Money on Your Car Insurance Premiums | Business Upturn</title>
  26. <link>https://www.businessupturn.com</link>
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  30. <item>
  31. <title>How to Save Money on Your Car Insurance Premiums</title>
  32. <link>https://www.businessupturn.com/finance/personal-finance/how-to-save-money-on-your-car-insurance-premiums/</link>
  34. <dc:creator><![CDATA[News Desk]]></dc:creator>
  35. <pubDate>Thu, 02 May 2024 15:28:41 +0000</pubDate>
  36. <category><![CDATA[Auto]]></category>
  37. <category><![CDATA[Personal Finance]]></category>
  38. <guid isPermaLink="false">https://www.businessupturn.com/?p=436274</guid>
  39.  
  40. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Car insurance is a critical and necessary expense for every car owner. However, that doesn&#8217;t mean that you have to overspend on your car insurance premiums. There are various ways to save money on your car insurance premiums without compromising your coverage. In this article, we&#8217;ll discuss some practical tips on how to save money [&#8230;]]]></description>
  41. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/car-insurance-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Car insurance is a critical and necessary expense for every car owner. However, that doesn&#8217;t mean that you have to overspend on your car insurance premiums. There are various ways to save money on your car insurance premiums without compromising your coverage. In this article, we&#8217;ll discuss some practical tips on how to save money on your car insurance premiums.</p>
  42. <p>Car insurance is not just mandatory by law, but also your saviour in case of unforeseen incidents. Accidents can happen anytime, and motor insurance protects you financially in case of an accident. While car insurance is necessary, it doesn&#8217;t have to cost a fortune. There are several ways to save money on your <a href="https://www.bajajfinserv.in/insurance/car-insurance-all-products">car insurance</a> premiums and still maintain adequate coverage. Here are some tips that can help you save money on your car insurance premiums.</p>
  43. <p><strong>Research and get quotes from different insurers</strong></p>
  44. <p>The first and most important step to save money on your car insurance premiums is to shop around. Don&#8217;t just stick with your current insurer; explore your options. There are various car insurance providers in the market, and every insurer has different premiums, discounts, and coverage options. By shopping around, you can compare quotes from different insurers and find the most affordable option for you. Bajaj Finance Insurance Mall is one such platform that offers car insurance plans from some of the leading insurance providers in India. Here, you can compare quotes and buy your preferred policies online in minutes.</p>
  45. <p><strong>Check for Tata AIG Car Insurance</strong></p>
  46. <p>One of the popular car insurance providers in India is <a href="https://www.bajajfinserv.in/insurance/tata-aig-car-insurance">Tata AIG Car Insurance</a>. Tata AIG Car Insurance offers a range of coverage options, including comprehensive coverage, third-party liability coverage, personal accident cover, etc. They offer customized plans that cater to specific needs and budgets. Moreover, Tata AIG Car Insurance also offers various discounts and benefits for policyholders. By using Tata AIG Car Insurance, you can save money on your car insurance premiums and still get the same level of coverage.</p>
  47. <p><strong>Opt for long-term policies</strong></p>
  48. <p>Another way to save money on your car insurance premiums is to opt for long-term policies. The Insurance Regulatory and Development Authority (IRDAI) introduced the long-term policy option for car insurance in 2018. Under this option, you can purchase car insurance for a period of three years instead of the annual renewal. By opting for a long-term policy, you can save money on your premiums as insurers offer discounts for long-term policies.</p>
  49. <p><strong>Increase your voluntary deductibles</strong></p>
  50. <p>A voluntary deductible is the amount you agree to pay out of your pocket in case of an accident before your insurance coverage kicks in. By increasing your voluntary deductibles, you can lower your insurance premiums. However, make sure that you can afford the deductible amount in case of an accident. Increasing your voluntary deductible is an ideal option if you&#8217;re a safe driver who rarely gets into accidents.</p>
  51. <p><strong>Install anti-theft devices</strong></p>
  52. <p>Another way to save money on your car insurance premiums is to install anti-theft devices. Anti-theft devices like steering locks, immobilizers, and GPS trackers can prevent theft and lower the risk of your car being stolen. Insurers offer discounts for policyholders who install anti-theft devices, as it reduces the chances of making a theft claim.</p>
  53. <p><strong>Drive responsibly</strong></p>
  54. <p>Your driving behaviour influences your car insurance premiums. If you&#8217;re a safe driver who follows traffic rules and doesn&#8217;t get into accidents, you&#8217;re less likely to file a claim. Insurers reward safe drivers with lower premiums. On the other hand, if you&#8217;re a reckless driver who frequently gets into accidents, your premiums will be higher. Therefore, driving responsibly not only benefits your safety but also your car insurance premiums.</p>
  55. <p><strong>Park your car in a secure location</strong></p>
  56. <p>Where you park your car also affects your car insurance premiums. If you park your car in a secure location like a garage or a gated community, it&#8217;s less likely to get stolen or vandalized. Insurers give discounts for policyholders who park their cars in secure locations, as it reduces the risk of theft or damage.</p>
  57. <p>In conclusion, car insurance is an essential expense, but you can still save money on your car insurance premiums without compromising your coverage. Comparing quotes from various insurers including Tata AIG Car Insurance, opting for long-term policies, increasing your voluntary deductibles, installing anti-theft devices, driving responsibly, and parking your car in a secure location are some practical ways to save money on your car insurance premiums. Consider these options and choose the best one that suits your needs and budget.</p>
  58. ]]></content:encoded>
  62. </item>
  63. <item>
  64. <title>Carlyle to sell upto 2% stake worth Rs 1,500 crore in Yes Bank via block deal tomorrow</title>
  65. <link>https://www.businessupturn.com/finance/markets/carlyle-to-sell-upto-2-stake-worth-rs-1500-crore-in-yes-bank-via-block-deal-tomorrow/</link>
  67. <dc:creator><![CDATA[Markets Desk]]></dc:creator>
  68. <pubDate>Thu, 02 May 2024 14:46:38 +0000</pubDate>
  69. <category><![CDATA[Markets]]></category>
  70. <category><![CDATA[Carlyle]]></category>
  71. <category><![CDATA[Yes Bank]]></category>
  72. <guid isPermaLink="false">https://www.businessupturn.com/?p=436272</guid>
  73.  
  74. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Yes Bank" decoding="async" srcset="https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1.jpg 1200w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-300x169.jpg 300w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-1024x576.jpg 1024w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-768x432.jpg 768w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Yes Bank share price will be in focus tomorrow as Carlyle is expected to sell a 2% stake in the bank worth Rs 1,500 crore via a block deal tomorrow, CNBC-TV18 reported quoting sources.]]></description>
  75. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Yes Bank" decoding="async" loading="lazy" srcset="https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1.jpg 1200w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-300x169.jpg 300w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-1024x576.jpg 1024w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-768x432.jpg 768w, https://www.businessupturn.com/wp-content/uploads/2022/09/Untitled-design-3-1-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Yes Bank share price will be in focus tomorrow as Carlyle is expected to sell a 2% stake in the bank worth Rs 1,500 crore via a block deal tomorrow, CNBC-TV18 reported quoting sources. Yes Bank share price ended 2.6% lower in trade today at Rs 25.45 on the NSE.</p>
  76. <p>According to the CNBC-TV18 report, the block is likely to take place tomorrow morning. Carlyle’s stake in Yes Bank is held in the name of CA BASQUE INVESTMENTS. As per the latest shareholding pattern, Carlyle holds a 8.7% stake in Yes Bank (post conversion of warrants).</p>
  77. ]]></content:encoded>
  81. </item>
  82. <item>
  83. <title>Erik ten Hag reacts to Jadon Sancho&#8217;s recent performance in UCL Semifinals</title>
  84. <link>https://www.businessupturn.com/sports/soccer/erik-ten-hag-reacts-to-jadon-sanchos-recent-performance-in-ucl-semifinals/</link>
  86. <dc:creator><![CDATA[Ravi Kumar Jha]]></dc:creator>
  87. <pubDate>Thu, 02 May 2024 14:00:24 +0000</pubDate>
  88. <category><![CDATA[Soccer]]></category>
  89. <category><![CDATA[Borussia Dortmund]]></category>
  90. <category><![CDATA[Erik Ten Hag]]></category>
  91. <category><![CDATA[Football]]></category>
  92. <category><![CDATA[Jadon Sancho]]></category>
  93. <category><![CDATA[Manchester United]]></category>
  94. <category><![CDATA[UEFA Champions League]]></category>
  95. <guid isPermaLink="false">https://www.businessupturn.com/?p=436265</guid>
  96.  
  97. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-768x432.jpg 768w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Manchester United's forward Jadon Sancho who is in his former team Borussia Dortmund on loan following his issues with the Man United manager Erik ten Hag. ]]></description>
  98. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-768x432.jpg 768w, https://images.businessupturn.com/wp-content/uploads/2023/04/jpg_20230417_140948_0000-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Manchester United&#8217;s forward Jadon Sancho who is in his former team Borussia Dortmund on loan following his issues with the Man United manager Erik ten Hag. Jadon Sancho is in UCL with Dortmund and played massively well the last night&#8217;s Semifinals first leg fixture against PSG.</p>
  99. <p>&#8220;I&#8217;m happy for Jadon, we will see what happens in the future,&#8221; said Erik ten Hag on Jadon Sancho&#8217;s recent form as reported by Fabrizio Romano via social media handle.</p>
  100. <p>Jadon Sancho, the spectacular forward currently plying in his best form with Borussia Dortmund, on loan from Manchester United is their key player now.</p>
  101. <p>Sancho&#8217;s journey has been a rollercoaster of talent, ambition, and, at times, dreams. Following reported issues with Manchester United manager Erik ten Hag, the English winger found himself back in familiar place with Borussia Dortmund, competing in the UEFA Champions League.</p>
  102. <p>In a recent Semifinals first-leg fixture against Paris Saint-Germain (PSG), Sancho&#8217;s performance was worth a watch. Showing his trademark speed, skill, and creativity, he played a crucial role in Dortmund&#8217;s impressive showing, earning applauds from fans and experts.</p>
  103. <p>It is possible that Sancho could be back in Manchester United&#8217;s shirt after completion of his loan spell at Dortmund as per the manager Erik ten Hag.</p>
  104. ]]></content:encoded>
  108. </item>
  109. <item>
  110. <title>UGRO Capital acquires MyShubhLife Embedded Finance, targets AUM of Rs 1,500 crore in 3 years</title>
  111. <link>https://www.businessupturn.com/business/ugro-capital-acquires-myshubhlife-embedded-finance-targets-aum-of-rs-1500-crore-in-3-years/</link>
  113. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  114. <pubDate>Thu, 02 May 2024 13:27:53 +0000</pubDate>
  115. <category><![CDATA[Business]]></category>
  116. <category><![CDATA[UGRO Capital]]></category>
  117. <guid isPermaLink="false">https://www.businessupturn.com/?p=436256</guid>
  118.  
  119. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>UGRO Capital Limited, a leading DataTech NBFC focused on MSME lending, has taken a significant step towards expanding its reach and offerings by acquiring &#8216;MyShubhLife&#8217; (MSL), a prominent Embedded Finance Fintech platform headquartered in Bangalore, for an enterprise value of INR 45 crore. MSL has been offering financial services designed for small shopkeepers and distributors. The [&#8230;]]]></description>
  120. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-86-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p data-id="87261ef8-cf0d-444a-985d-c4d28ee43a5a" data-pm-slice="1 1 []"><a href="https://www.businessupturn.com/news/topic/ugro-capital/">UGRO Capital Limited</a>, a leading DataTech NBFC focused on MSME lending, has taken a significant step towards expanding its reach and offerings by acquiring &#8216;MyShubhLife&#8217; (MSL), a prominent Embedded Finance Fintech platform headquartered in Bangalore, for an enterprise value of INR 45 crore.</p>
  121. <p data-id="87261ef8-cf0d-444a-985d-c4d28ee43a5a" data-pm-slice="1 1 []"><span data-preserver-spaces="true">MSL has been offering financial services designed for small shopkeepers and distributors. </span><span data-preserver-spaces="true">The offerings include unique products </span><span data-preserver-spaces="true">having</span><span data-preserver-spaces="true"> daily and weekly instalment op</span><span data-preserver-spaces="true">tions, along with the </span><span data-preserver-spaces="true">offer of the overdraft</span><span data-preserver-spaces="true">, thereby exhibiting robust underwriting and distribution capabilities.</span><span data-preserver-spaces="true"> MSL has already engaged with over 15 million merchants through partnerships with Pine Labs, Fino, Airtel Payments Bank, Mobikwik, Spice Money, and</span><span data-preserver-spaces="true"> </span><span data-preserver-spaces="true">EasyPay, amongst others.</span></p>
  122. <p data-id="87261ef8-cf0d-444a-985d-c4d28ee43a5a" data-pm-slice="1 1 []">The acquisition of MSL, now a wholly-owned subsidiary of UGRO Capital, aligns with the company&#8217;s strategy to penetrate the embedded finance segment. UGRO aims to onboard 200,000 new retailers over the next three years, targeting an incremental Assets Under Management (AUM) of INR 1500 crore and a Profit After Tax (PAT) of INR 100 crore during the same period.</p>
  123. <p class="p1">Reflecting on this acquisition, <b>Mr. Shachindra Nath, Founder and Managing Director of U GRO Capital</b>, said,</p>
  124. <blockquote>
  125. <p class="p1"><i>“The acquisition of MyShubhLife marks a significant milestone in our journey. Scaling up Embedded Finance requires deep understanding &amp; penetration of payments players ecosystem and a cutting-edge data &amp; technology stack. MSL has a proven track record on both counts, and it fits well with UGRO’s strategy. MSL’s live embedded relationships with leading payment ecosystems and a very contemporary and functional technology architecture will add granularity &amp; yields on our portfolio. This acquisition reinforces our commitment to direct digital lending for small retailers.”</i></p>
  126. </blockquote>
  127. <p class="p1"><b>Mr. Monish Anand, Founder &amp; CEO, MyShubhLife</b>, said,</p>
  128. <blockquote>
  129. <p class="p1"><i>“The realm of lending is primarily a matter of scale, and in UGRO we have found a lender which not only has access to an extensive balance sheet but also has DataTech as its core DNA. Our primary objective is to employ technology as a catalyst for offering contextual and innovative credit products to small-scale shopkeepers and distributors across the nation. We at MSL are delighted to embark on this new journey together with UGRO, and we aim to work towards achieving our mutual goal.”</i></p>
  130. </blockquote>
  131. ]]></content:encoded>
  135. </item>
  136. <item>
  137. <title>Angel One emerges among the top 3 most visible and recalled brands of IPL 2024</title>
  138. <link>https://www.businessupturn.com/business/corporates/angel-one-emerges-among-the-top-3-most-visible-and-recalled-brands-of-ipl-2024/</link>
  140. <dc:creator><![CDATA[Arunika Jain]]></dc:creator>
  141. <pubDate>Thu, 02 May 2024 13:17:38 +0000</pubDate>
  142. <category><![CDATA[Corporates]]></category>
  143. <guid isPermaLink="false">https://www.businessupturn.com/?p=436257</guid>
  144.  
  145. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>In a highly competitive landscape of advertising and sponsorship during the Tata IPL 2024, Angel One Limited (“Angel One”), technology-led financial services player has soared to the forefront, claiming its position among the top 3 most visible and recalled brands according to data released by SCORE, an ad effectiveness measurement solution offered by Synchronize India. [&#8230;]]]></description>
  146. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Angel-One-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a highly competitive landscape of advertising and sponsorship during the Tata IPL 2024, Angel One Limited (“Angel One”), technology-led financial services player has soared to the forefront, claiming its position among the top 3 most visible and recalled brands according to data released by SCORE, an ad effectiveness measurement solution offered by Synchronize India. This achievement comes as a result of strategic marketing efforts and a profound understanding of the IPL audience.</p>
  147. <p>Amidst a staggering array of over 200 brands vying for attention throughout the cricketing extravaganza, Angel One distinguished itself with a campaign that blended creativity with strategic placement. Leveraging the dynamic platform of the IPL, Angel One left an indelible mark on audiences across the nation.</p>
  148. <p>The success of Angel One in securing its position as one of the Top 3 most visible (link here) and recalled brands of IPL 2024 underscores the efficacy of its marketing strategies. By adeptly capturing the pulse of the IPL audience, Angel One has demonstrated its prowess in making a lasting impression in a fiercely competitive environment.</p>
  149. <p>SCORE, an ad effectiveness measurement solution offered by Synchronize India and Unomer, conducted a comprehensive analysis that encompassed robust sampling across Metros, Tier 1/2/3 towns, and tracking of over 200 brands throughout the IPL season. The findings revealed that Angel One was among an average of 15 brands being recalled by viewers across all properties.</p>
  150. <p>As Angel One continues to forge ahead in the realm of marketing and advertising, its presence and resonance within the IPL 2024 serve as a testament to its ability to captivate audiences and leave a lasting impression.</p>
  151. ]]></content:encoded>
  155. </item>
  156. <item>
  157. <title>T20 World Cup 2024: Rohit Sharma explains reason behind not playing T20I format in 2023</title>
  158. <link>https://www.businessupturn.com/sports/cricket/t20-world-cup-2024-rohit-sharma-explains-reason-behind-not-playing-t20i-format-in-2023/</link>
  160. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  161. <pubDate>Thu, 02 May 2024 13:13:21 +0000</pubDate>
  162. <category><![CDATA[Cricket]]></category>
  163. <category><![CDATA[Rohit Sharma]]></category>
  164. <guid isPermaLink="false">https://www.businessupturn.com/?p=436253</guid>
  165.  
  166. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-768x432.jpg 768w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>During a recent press conference following the T20 World Cup squad selection, Indian captain Rohit Sharma addressed questions about his absence from T20 International (T20I) matches in 2023. When asked about his absence from T20Is in 2023, Rohit Sharma clarified, &#8220;Ajit was not part of the selection committee at that time. In the past also, [&#8230;]]]></description>
  167. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-768x432.jpg 768w, https://images.businessupturn.com/wp-content/uploads/2023/11/SAI-Media-Twitter-3-150x84.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>During a recent press conference following the T20 World Cup squad selection, Indian captain <a href="https://www.businessupturn.com/news/topic/rohit-sharma/">Rohit Sharma</a> addressed questions about his absence from T20 International (T20I) matches in 2023.</p>
  168. <p>When asked about his absence from T20Is in 2023, Rohit Sharma clarified, &#8220;Ajit was not part of the selection committee at that time. In the past also, whichever format happens, we give priority to that format. A lot of players were given breaks. The focus was on the 50-over World Cup. We had to miss the T20 format. It was the same situation when the T20 World Cup happened in Australia. We missed a lot of ODIs. The test is the only format we have consistently played. We didn&#8217;t want to miss that.&#8221;</p>
  169. <p>Sharma was explaining to the interviewer the processes that the team management had in place to ensure that the different formats are properly prioritized. This is to ensure that while some players can afford to miss some tournaments in different categories, they will not become fatigued and compromised to continue producing good results.</p>
  170. <p>&#8220;That&#8217;s the strategy that we discussed. Ajit came later in the picture; he would not have probably known what was discussed. So he didn&#8217;t have a lot of idea about who should be resting and who shouldn&#8217;t be resting,&#8221; Rohit added, addressing comments made by former cricketer Ajit Agarkar regarding his absence from T20Is.</p>
  171. ]]></content:encoded>
  175. </item>
  176. <item>
  177. <title>Rohit Sharma finally opens up about MI captaincy snub</title>
  178. <link>https://www.businessupturn.com/sports/cricket/ipl/rohit-sharma-finally-opens-up-about-mi-captaincy-snub/</link>
  180. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  181. <pubDate>Thu, 02 May 2024 13:08:36 +0000</pubDate>
  182. <category><![CDATA[IPL]]></category>
  183. <category><![CDATA[MI]]></category>
  184. <category><![CDATA[Rohit Sharma]]></category>
  185. <guid isPermaLink="false">https://www.businessupturn.com/?p=436247</guid>
  186.  
  187. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>In a recent press conference after the squad selection for the T20 World Cup, Rohit Sharma, the Indian cricket team&#8217;s captain, talked about returning to the role. &#8220;I was captain. Not being captain and then again captain. It&#8217;s part of life. Not everything will go your way. It&#8217;s been a great experience,&#8221; said Rohit. His [&#8230;]]]></description>
  188. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-85-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>In a recent press conference after the squad selection for the T20 World Cup, <a href="https://www.businessupturn.com/news/topic/rohit-sharma/">Rohit Sharma</a>, the Indian cricket team&#8217;s captain, talked about returning to the role.</p>
  189. <blockquote><p>&#8220;I was captain. Not being captain and then again captain. It&#8217;s part of life. Not everything will go your way. It&#8217;s been a great experience,&#8221; said Rohit.</p></blockquote>
  190. <p>His statement came in response to questions about stepping down from the captaincy for Mumbai Indians and then being reinstated before the T20 World Cup. Rohit Sharma has led the team before and has played under different captains. He emphasized that this change doesn&#8217;t bother him and that he has always focused on doing his best for the team, especially in the last month.</p>
  191. <p>Rohit&#8217;s words show his practical approach to leadership and his commitment to the team&#8217;s success, no matter his role.</p>
  192. <p><strong>T20 World Cup 2024 Squad:</strong></p>
  193. <p><strong>India squad:</strong> Rohit Sharma (c), Hardik Pandya (vc), Yashasvi Jaiswal, Virat Kohli, Suryakumar Yadav, Rishabh Pant (wk), Sanju Samson (wk), Shivam Dube, Ravindra Jadeja, Axar Patel, Kuldeep Yadav, Yuzvendra Chahal, Arshdeep Singh, Jasprit Bumrah, Mohd. Siraj</p>
  194. <p><strong>Reserves:</strong> Shubman Gill, Rinku Singh, Khaleel Ahmed and Avesh Khan</p>
  195. ]]></content:encoded>
  199. </item>
  200. <item>
  201. <title>Coal India Q4 Results: Net profit zooms to Rs 8,640 crore, board approves final dividend of Rs 5 per share</title>
  202. <link>https://www.businessupturn.com/business/corporates/coal-india-q4-results-net-profit-zooms-to-rs-8640-crore-board-approves-final-dividend-of-rs-5-per-share/</link>
  204. <dc:creator><![CDATA[Markets Desk]]></dc:creator>
  205. <pubDate>Thu, 02 May 2024 13:06:26 +0000</pubDate>
  206. <category><![CDATA[Corporates]]></category>
  207. <category><![CDATA[Coal India]]></category>
  208. <category><![CDATA[Coal India Q4]]></category>
  209. <guid isPermaLink="false">https://www.businessupturn.com/?p=436249</guid>
  210.  
  211. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="670" src="https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-300x168.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-1024x572.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-768x429.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Coal India reported a good set of Q4 earnings today as the company’s net profit surged to Rs 8,640.44 crore in the quarter ended March 2024 against Rs 6,869.46 crore posted in the same period last year. The company’s board also approved a final dividend of Rs 5 per share. ]]></description>
  212. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="670" src="https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-300x168.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-1024x572.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2020/12/coal-india-768x429.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Coal India reported a good set of Q4 earnings today as the company’s net profit surged to Rs 8,640.44 crore in the quarter ended March 2024 against Rs 6,869.46 crore posted in the same period last year. The company’s total income for the quarter however declined marginally to Rs 39,654 crore against Rs 40,371 crore posted in the same period last year.</p>
  213. <p><a href="https://www.businessupturn.com/news/topic/coal-india/">Coal India</a> today also announced that the board of directors of the company have approved a final dividend of Rs 5 per share of face value of Rs 10 each. “Board of Directors in its meeting held on date had recommended payment of Final Dividend for the financial year 2023-24 @ 5/- per share of the face value of Rs 10/- as recommended by the Audit Committee of CIL in its meeting held on date subject to the approval of the Members at the ensuing Annual General Meeting (“AGM”) of the Company,” Coal India said in an exchange filing.</p>
  214. ]]></content:encoded>
  218. </item>
  219. <item>
  220. <title>T20 World Cup 2024: &#8216;Our 15 was decided much before IPL,&#8217; Rohit Sharma on IPL&#8217;s influence on T20 World Cup squad selection</title>
  221. <link>https://www.businessupturn.com/sports/cricket/t20-world-cup-2024-our-15-was-decided-much-before-ipl-rohit-sharma-on-ipls-influence-on-t20-world-cup-squad-selection/</link>
  223. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  224. <pubDate>Thu, 02 May 2024 12:57:48 +0000</pubDate>
  225. <category><![CDATA[Cricket]]></category>
  226. <category><![CDATA[ICC]]></category>
  227. <category><![CDATA[Rohit Sharma]]></category>
  228. <category><![CDATA[T20 World Cup 2024]]></category>
  229. <guid isPermaLink="false">https://www.businessupturn.com/?p=436239</guid>
  230.  
  231. <description><![CDATA[<div style="margin-bottom:20px;"><img width="930" height="740" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM.png 930w, https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM-300x239.png 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM-768x611.png 768w" sizes="(max-width: 930px) 100vw, 930px" /></div>Indian captain Rohit Sharma dismisses IPL influence on India's World Cup squad selection.]]></description>
  232. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="930" height="740" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM.png 930w, https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM-300x239.png 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Screenshot-2024-05-02-at-6.25.31%E2%80%AFPM-768x611.png 768w" sizes="(max-width: 930px) 100vw, 930px" /></div><p>Indian captain <a href="https://www.businessupturn.com/news/topic/rohit-sharma/">Rohit Sharma</a> has dismissed suggestions that the recently concluded IPL 2024 season had a significant influence on the selection of India&#8217;s squad for the upcoming T20 World Cup. Speaking at a press conference after the squad announcement, Rohit clarified that the core group of players was decided well before the IPL kicked off.</p>
  233. <blockquote><p>&#8220;We sort of make your playing XI in your mind and try and work around it. A lot of the prep, the talk happens during the IPL, and a lot of these guys have been playing this format for a while. It&#8217;s not like there&#8217;s anyone new. They all have been playing international cricket and the IPL. The talk of what our 15 was going to be like started much before the IPL,&#8221; Rohit Sharma stated.</p></blockquote>
  234. <p>Rohit emphasized that the selection committee and the leadership group had already identified the primary group of players they wanted for the T20 World Cup squad. He acknowledged that only a couple of spots needed to be finalized during the IPL season, and they are content with the 15-member squad they have assembled.</p>
  235. <p>The Indian captain&#8217;s remarks highlight the team management&#8217;s proactive approach in planning for the marquee event, with the IPL performances serving as supplementary information rather than the sole determining factor for selection.</p>
  236. <p>Rohit&#8217;s comments indicate that the team&#8217;s core group comprises seasoned campaigners who have been a part of India&#8217;s T20I setup for a while, complemented by a few players whose spots were confirmed based on their IPL showings.</p>
  237. <p>With the squad in place, the focus now shifts to fine-tuning preparations and strategizing for the T20 World Cup, which commences on June 2. India will be aiming to lift their second T20 World Cup title and cement their dominance in the shortest format of the game.</p>
  238. ]]></content:encoded>
  242. </item>
  243. <item>
  244. <title>U GRO Capital’s board approves fund raising of Rs 1,322 crore</title>
  245. <link>https://www.businessupturn.com/business/corporates/u-gro-capitals-board-approves-fund-raising-of-rs-1322-crore/</link>
  247. <dc:creator><![CDATA[Markets Desk]]></dc:creator>
  248. <pubDate>Thu, 02 May 2024 12:55:52 +0000</pubDate>
  249. <category><![CDATA[Corporates]]></category>
  250. <category><![CDATA[U GRO Capital]]></category>
  251. <guid isPermaLink="false">https://www.businessupturn.com/?p=436241</guid>
  252.  
  253. <description><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="67" src="https://images.businessupturn.com/wp-content/uploads/2023/08/ugro-capital-limited-progresses-on-its-journey-of-creating-largest-small-business-financing-institution-driven-by-data-tech.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div>NBFC U GRO Capital today announced that its board has approved an equity capital raise of Rs 1,322 crore through Compulsory Convertible Debentures (CCD) and Warrants. The equity fund raise is subject to shareholder approval.]]></description>
  254. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="67" src="https://images.businessupturn.com/wp-content/uploads/2023/08/ugro-capital-limited-progresses-on-its-journey-of-creating-largest-small-business-financing-institution-driven-by-data-tech.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div><p>NBFC U GRO Capital today announced that its board has approved an equity capital raise of Rs 1,322 crore through Compulsory Convertible Debentures (CCD) and Warrants. The equity fund raise is subject to shareholder approval.</p>
  255. <p>UGRO raised this capital through an innovative combination of Compulsorily Convertible Debentures with Warrants, ensuring that the capital required for both the current year&#8217;s growth and next year&#8217;s growth is effectively locked in today.</p>
  256. <p>This capital raise received strong commitment from Samena Capital, one of the Company&#8217;s existing private equity investors, which committed Rs 500 crore through Warrants.<br />
  257. In addition to institutional investor like Aregence, some of India&#8217;s marquee family offices have committed in CCD and Warrants.<br />
  258. UGRO&#8217;s founder, board members and management team together committed Rs 16.25 crore in Warrants. UGRO&#8217;s founder, on gih August 2023, had invested his entire first bonus received from the Company in buying UGRO&#8217;s shares.</p>
  259. <p>Shachindra Nath, Founder and Managing Director of UGRO Capital, said, &#8220;The capital raise marks a significant milestone in our journey. We have always wanted to create an Institutionally Owned, Independently Supervised and Professionally Managed FinTech in the listed world so that the opportunity is available to the large universe of Public Market Investors. We believe that we are at a pivotal moment where our potential of being a financial institutional is serving the need of small businesses of India. Today, India needs more financial institutions like ours, to fulfil the credit gap of more than 90 Lac crores and I am thankful to all the investors, lenders, co lending partners and more importantly all UGROites to make this dream come true.&#8221;</p>
  260. <p>This is the third capital raise by UGRO Capital. In 2018, Mr. Shachindra Nath acquired control of a small listed NBFC &#8216;Chokhani Securities Limited&#8217; and simultaneously raised institutional equity capital of Rs 914 crore from the likes of TPG &#8211; NewQuest, PAG, ADV Capital, Samena Capital and other domestic family offices and public market investors. This in 2018 was one of the largest capital raises for a listed company at a startup stage.</p>
  261. <p>Last year, U GRO Capital continued its trajectory of strategic expansion, raising Rs 340.5 crore, of this, Rs 240 crore were garnered through preferential allotment to IFU (Investeringsfonden for Udviklingslande) via its Danish Sustainable Development Goals Investment Fund K/S. Additionally, Rs 100.5 crore was secured from long-term shareholders, including insurance companies, AlFs, and other financial institutions via QIP.</p>
  262. ]]></content:encoded>
  266. </item>
  267. <item>
  268. <title>Coforge Q4 Results: Net profit falls to Rs 229 crore, board declares interim dividend of Rs 19 per share</title>
  269. <link>https://www.businessupturn.com/business/corporates/coforge-q4-results-net-profit-falls-to-rs-229-crore-board-declares-interim-dividend-of-rs-19-per-share/</link>
  271. <dc:creator><![CDATA[Markets Desk]]></dc:creator>
  272. <pubDate>Thu, 02 May 2024 12:47:22 +0000</pubDate>
  273. <category><![CDATA[Corporates]]></category>
  274. <category><![CDATA[Coforge]]></category>
  275. <guid isPermaLink="false">https://www.businessupturn.com/?p=436236</guid>
  276.  
  277. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>IT major Coforge today posted a weak set of Q4 results as the company’s net profit in the January to March quarter for 2024 came in at Rs 229.2 crore against Rs 242.8 crore during the previous quarter, a decline of 5.6%.]]></description>
  278. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-83-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>IT major Coforge today posted a weak set of Q4 results as the company’s net profit in the January to March quarter for 2024 came in at Rs 229.2 crore against Rs 242.8 crore during the previous quarter, a decline of 5.6%. The company’s revenue however came in higher than the previous quarter, at Rs 2,358.5 crore against Rs 2,323.3 crore in Q3FY24.</p>
  279. <p>The board of Coforge has announced an interim dividend of Rs 19 per share for its shareholders along with the Q4 results. Separately, <a href="https://www.businessupturn.com/business/corporates/coforge-to-acquire-54-stake-in-cigniti-technologies-at-rs-1415-share/">Coforge announced that it will acquire a 54% stake in Cigniti Technologies for Rs 1,415 per share</a>.</p>
  280. <p>The company’s EBIT came in at Rs 301 crore, a 4.1% drop vs Rs 314 crore posted in the previous quarter. Margins too declined sequentially to 12.8% vs 13.5% in the previous quarter.</p>
  281. <p>“The Company has agreed to enter into a share purchase agreement with the promoters and select public shareholders of Cigniti Technologies Limited to acquire up to 54% approx. of the share capital of Cigniti Technologies Limited (collectively, the &#8220;Share Purchase Agreements&#8221;) subject to execution of definitive agreements and completion of certain identified conditions precedent. Upon execution of Share Purchase Agreements, the Company will also trigger a mandatory open offer,” Coforge said in an exchange filing today.</p>
  282. ]]></content:encoded>
  286. </item>
  287. <item>
  288. <title>BONUS FOR EMPLOYEES — IndiGo announces one-time bonus in salary</title>
  289. <link>https://www.businessupturn.com/business/bonus-for-employees-indigo-announces-one-time-bonus-in-salary/</link>
  291. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  292. <pubDate>Thu, 02 May 2024 12:38:27 +0000</pubDate>
  293. <category><![CDATA[Business]]></category>
  294. <category><![CDATA[Indigo]]></category>
  295. <guid isPermaLink="false">https://www.businessupturn.com/?p=436232</guid>
  296.  
  297. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Domestic carrier IndiGo on May 2 announced that a one-time bonus of 1.5 times the monthly salary will be given to its employees with the salary of May 2024. The amount will be disbursed as an ex-gratia payment. In a statement, the airline mentioned that it started recovering losses incurred during the Covid-19 pandemic in [&#8230;]]]></description>
  298. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/02/IndiGo-unveils-6-new-routes-anticipating-summer-travel-surge-and-economic-growth-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p><span id="input-sentence~0">Domestic carrier <a href="https://www.businessupturn.com/news/topic/indigo/">IndiGo</a> on May 2 announced that a one-time bonus of 1.5 times the monthly salary will be given to its employees with the salary of May 2024.</span><span id="input-sentence~1"> The amount will be disbursed as an ex-gratia payment.</p>
  299. <p>In a statement, the airline mentioned that it started recovering losses incurred during the Covid-19 pandemic in the second half of 2022. Since then, IndiGo has &#8220;demonstrated a solid and strong performance.&#8221;</span><span id="input-sentence~2"></p>
  300. <p>This announcement comes after IndiGo swung back to profit in its Q3FY24 results, reporting a surge of 110 percent in its third-quarter profit owing to strong air travel demand. The company reported a standalone profit of Rs 2,998 crore for the quarter ended December 31, compared to Rs 1,423 crore in the year-ago period.</span><span id="input-sentence~3"></p>
  301. <p>&#8220;For Q3 FY24, we reported a profit after tax of Rs 3,000 crore with a profit after tax margin of 15.4 per cent. With these five consecutive quarters of profit, we continue to recover from the losses of Covid and have now become net worth positive again,&#8221; IndiGo CEO Pieter Elbers had said earlier.</span><span id="input-sentence~4"></p>
  302. <p>Elbers added, &#8220;From here, we can start further building our future, and obviously, the recent momentous wide-body fleet announcement is a further testament to both our belief and commitment towards the future of IndiGo.&#8221;</p>
  303. <p></span><span id="input-sentence~6">The one-time bonus announcement is a recognition of the airline&#8217;s employees&#8217; efforts, which have contributed to IndiGo&#8217;s strong financial performance and its continued recovery from the pandemic-induced losses.</span></p>
  304. ]]></content:encoded>
  308. </item>
  309. <item>
  310. <title>Advatix CloudSuite Recognized as the #1 Global Innovation of the Year for Smart Warehousing, Selected by RetailTech Breakthrough</title>
  311. <link>https://www.businessupturn.com/brand-post/advatix-cloudsuite-recognized-as-the-1-global-innovation-of-the-year-for-smart-warehousing-selected-by-retailtech-breakthrough/</link>
  313. <dc:creator><![CDATA[PR Newswire]]></dc:creator>
  314. <pubDate>Thu, 02 May 2024 13:06:00 +0000</pubDate>
  315. <category><![CDATA[Brand Post]]></category>
  316. <guid isPermaLink="false">https://www.businessupturn.com/brand-post/advatix-cloudsuite-recognized-as-the-1-global-innovation-of-the-year-for-smart-warehousing-selected-by-retailtech-breakthrough/</guid>
  317.  
  318. <description><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="75" src="https://images.businessupturn.com/wp-content/uploads/2024/05/advatix-cloudsuite-recognized-as-the-1-global-innovation-of-the-year-for-smart-warehousing-selected-by-retailtech-breakthrough.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div>Beating thousands of nominations this year from all over the world, Advatix CloudSuite technology platform was presented with the Smart Warehousing Innovation of the Year Award for uniquely synchronizing warehouses and retail stores for inventory management, order fulfillment, click-and-collect, and store-to-home delivery.  LOS ANGELES and GURGAON, India, May 2, 2024 /PRNewswire/ &#8212;  RetailTech Breakthrough, a prestigious [&#8230;]]]></description>
  319. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="144" height="75" src="https://images.businessupturn.com/wp-content/uploads/2024/05/advatix-cloudsuite-recognized-as-the-1-global-innovation-of-the-year-for-smart-warehousing-selected-by-retailtech-breakthrough.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></div>
  320. <p>Beating thousands of nominations this year from all over the world, Advatix CloudSuite technology platform was presented with the Smart Warehousing Innovation of the Year Award for uniquely synchronizing warehouses and retail stores for inventory management, order fulfillment, click-and-collect, and store-to-home delivery. </p>
  321. <p><span class="legendSpanClass"><span class="xn-location">LOS ANGELES</span> and GURGAON, <span class="xn-location">India</span></span>, <span class="legendSpanClass"><span class="xn-chron">May 2, 2024</span></span> /PRNewswire/ &#8212;  RetailTech Breakthrough, a prestigious program that honors excellence and innovation in the retail technology sector, has named Advatix Cloudsuite as the Smart Warehousing Innovation of the Year. This recognizes Advatix as a leader in Retail Digital Transformation. The selection was a result of thorough research and scoring by a panel of industry experts. &#8220;With thousands of nominations this year coming in from all over the world, the competition was extremely fierce,&#8221; shared the team from RetailTech Breakthrough. </p>
  322. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1">
  323. <p>  <img decoding="async" alt="Advatix CloudSuite Bags 'Smart Warehousing Innovation of the Year' at the 2024 RetailTech Breakthrough Awards" src="https://mma.prnewswire.com/media/2403543/Advatix_RetailTech_Breakthrough_Awards.jpg" title="Advatix CloudSuite Bags 'Smart Warehousing Innovation of the Year' at the 2024 RetailTech Breakthrough Awards"></img>  </p>
  324. </p></div>
  325. <p>&#8220;We are on a mission to help our clients in Retail and eCommerce be the digital leaders of the industry,&#8221; said <span class="xn-person">Ashish Chadha</span>, Global CIO of Advatix. &#8220;For that, we created an advanced technology platform that brings the warehouses and retail stores as one network to seamlessly combine traditional eCommerce fulfillment with ship-from-store and click-and-collect. We are thrilled to receive this distinction from the RetailTech Breakthrough Awards. It is a testament to our team&#8217;s relentless pursuit of excellence and our commitment to providing our clients with industry-first technology.&#8221; </p>
  326. <p>Various 3<sup>rd</sup> Party Logistics (3PL) companies, retailers, transportation companies, distribution networks, sample centers, and returns / rental businesses are transitioning from legacy Warehouse Management Sytems (WMS) to Advatix CloudSuite&#8217;s Fulfillment Execution Platform (FEP<i>R</i>). Advatix takes a unique approach that focusses on live inventory management and fulfillment optimization using smart algorithms, analytics, and AI. With a process-first approach, it&#8217;s the operators who have designed and now implement the technology, while the technologists enable the solutions.  </p>
  327. <p><span class="xn-person">Manish Kapoor</span>, Founder and CEO of Advatix explained, &#8220;We have brought the latest tech stack to the industry, and it is designed to meet consumer expectations for both service and cost. A traditional WMS, originally designed for movement of pallets, does not cut it anymore for direct-to-consumer and ship-from-store applications. We use common inventory to fulfill both B2B and D2C orders.&#8221; </p>
  328. <p>With Advatix CloudSuite, retailers can improve consumer experience and sales using click-and-collect and ship-from-store while reducing cost with smart inventory and order network management.  </p>
  329. <p>For more information about Advatix Cloudsuite and its award-winning capabilities, please visit www.advatix.com. </p>
  330. <p><b>About Advatix</b> </p>
  331. <p>Advatix is a boots-on-the-ground global supply chain consulting, technology, and services company that helps its clients achieve growth through digital transformation and optimized supply chain operations. Advatix is one of the Growth Catalysts Group of Companies (www.gcgcompanies.com). With a team of industry leading operators and technologies, Advatix has a solid track record of enabling companies to accelerate growth.  </p>
  332. <p><i>More information is available at </i><b><i>www.advatix.com</i></b> </p>
  333. <p>Photo: https://mma.prnewswire.com/media/2403543/Advatix_RetailTech_Breakthrough_Awards.jpg<br /></br>Logo: https://mma.prnewswire.com/media/2042052/Advatix_Logo.jpg</p>
  334. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2">
  335. <p>  <img decoding="async" alt="(PRNewsfoto/Advatix Inc.)" src="https://mma.prnewswire.com/media/2042052/Advatix_Logo.jpg" title="(PRNewsfoto/Advatix Inc.)"></img>  </p>
  336. </p></div>
  337. <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN04051&amp;sd=2024-05-02" title="Cision" width="12"></img> View original content to download multimedia:https://www.prnewswire.com/in/news-releases/advatix-cloudsuite-recognized-as-the-1-global-innovation-of-the-year-for-smart-warehousing-selected-by-retailtech-breakthrough-302134547.html</p>
  338. <p> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN04051&amp;Transmission_Id=202405020906PR_NEWS_EURO_ND__EN04051&amp;DateId=20240502" style="border:0px; width:1px; height:1px;"></img> Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.</p>
  339. ]]></content:encoded>
  343. </item>
  344. <item>
  345. <title>Dabur Q4 Results: Net profit jumps 16% to ₹350 crore, dividend declared</title>
  346. <link>https://www.businessupturn.com/business/dabur-q4-results-net-profit-jumps-16-to-%e2%82%b9350-crore-dividend-declared/</link>
  348. <dc:creator><![CDATA[Aditya Bhagchandani]]></dc:creator>
  349. <pubDate>Thu, 02 May 2024 12:31:05 +0000</pubDate>
  350. <category><![CDATA[Business]]></category>
  351. <category><![CDATA[Dabur]]></category>
  352. <guid isPermaLink="false">https://www.businessupturn.com/?p=436228</guid>
  353.  
  354. <description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div>Dabur India reported a 16.5% increase in its consolidated net profit for the March quarter, reaching ₹341.22 crore, up from ₹292.76 crore in the same period last financial year. During the same period, the company&#8217;s total revenue grew 5.11% to ₹2,814.64 crore, compared to ₹2,677.80 crore in the year-ago quarter. The products of Dabur, such [&#8230;]]]></description>
  355. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="675" src="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81.jpg 1200w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-300x169.jpg 300w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-1024x576.jpg 1024w, https://images.businessupturn.com/wp-content/uploads/2024/05/Untitled-design-81-768x432.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p><span data-preserver-spaces="true"><a href="https://www.businessupturn.com/news/topic/dabur/">Dabur India</a> reported a 16.5% increase in its consolidated net profit for the March quarter, reaching ₹341.22 crore, up from ₹292.76 crore in the same period last financial year. </span></p>
  356. <p><span data-preserver-spaces="true">During the same period, the company&#8217;s total revenue grew 5.11% to ₹2,814.64 crore, compared to ₹2,677.80 crore in the year-ago quarter.</span></p>
  357. <p><span data-preserver-spaces="true">The products of Dabur, such as Dabur Chyawanprash or Dabur Honey, enjoyed a 14% growth of its earnings before interest, tax, depreciation, and amortization charges for the quarter, which made up ₹467 crore. </span></p>
  358. <p><span data-preserver-spaces="true">As noted in the source, the company also demonstrated a 130 basis point margin increase YoY, reaching 16.6%. The board of directors of Dabur India also declared a final dividend of Rs. 2.75 per equity share for the financial </span><span data-preserver-spaces="true">year,</span><span data-preserver-spaces="true"> 2023-2024.</span></p>
  359. <p><span data-preserver-spaces="true">The robust results of the company for the quarter and the declaration of the dividend on the part of the board are likely to be appreciated by the investor community and analysts, thus helping Dabur to further solidify its standing as a </span><span data-preserver-spaces="true">main</span><span data-preserver-spaces="true"> player in the FMCG domain.</span></p>
  360. ]]></content:encoded>
  364. </item>
  365. <item>
  366. <title>Jupiter Life Line Hospitals share price can rally 30% from current levels, says Nuvama</title>
  367. <link>https://www.businessupturn.com/finance/markets/jupiter-life-line-hospitals-share-price-can-rally-30-from-current-levels-says-nuvama/</link>
  369. <dc:creator><![CDATA[Markets Desk]]></dc:creator>
  370. <pubDate>Thu, 02 May 2024 12:20:06 +0000</pubDate>
  371. <category><![CDATA[Markets]]></category>
  372. <category><![CDATA[Jupiter Life Line Hospitals]]></category>
  373. <guid isPermaLink="false">https://www.businessupturn.com/?p=436226</guid>
  374.  
  375. <description><![CDATA[<div style="margin-bottom:20px;"><img width="216" height="144" src="https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim.jpg 216w, https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim-150x100.jpg 150w" sizes="(max-width: 216px) 100vw, 216px" /></div>Nuvama has initiated coverage with a Buy rating on Jupiter Life Line Hospitals stock and expects a 30% upside in the share price from the CMP.]]></description>
  376. <content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="216" height="144" src="https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim.jpg 216w, https://images.businessupturn.com/wp-content/uploads/2021/10/over-50-of-hospitals-will-accelerate-digital-investments-to-meet-the-quadruple-aim-150x100.jpg 150w" sizes="(max-width: 216px) 100vw, 216px" /></div><p>Hospital chain operator and the recently listed player Jupiter Life Line Hospitals will be in focus as brokerage firm Nuvama has initiated coverage on the stock. Nuvama has initiated coverage with a Buy rating on Jupiter Life Line Hospitals stock and expects a 30% upside in the share price from the CMP. Nuvama has a target price of Rs 1,585 for shares of Jupiter Life Line Hospitals, which implies a 30.4% upside from the current stock price of Rs 1,215.</p>
  377. <p>Jupiter Life Line Hospitals (Jupiter) operates three quaternary care hospitals in densely populated, under-served and growing micro-markets of West India—Thane, Pune and Indore. Modelled as an ‘all-hub–no-spoke’, the company has operational bed capacity of 961 (end-Dec-23), and is on track to double capacity in five years via two 500-bed hospitals. Jupiter owns the land that its hospitals are built on.</p>
  378. <p>“West India, Jupiter’s stronghold, is outgrowing the overall health care delivery market. For Jupiter, we forecast a revenue/EBITDA CAGR of 15%/21% over FY24–26E with a healthy RoCE of 20% in FY26E despite greenfield expansion. Initiating coverage at ‘BUY’ with an SoTP-based TP of INR1,585,” said Nuvama in its note.</p>
  379. <p>The brokerage has also highlighted the key risks, namely regulatory issues, doctor attrition and increased competition.</p>
  380. ]]></content:encoded>
  384. </item>
  385. </channel>
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