MFNews, Author at MFNews

11 Apr

Mercedes-Benz India clocks its best-ever fiscal with 18,928 cars retailed in FY 24-25

MFNewsBrands, Business, Entertainment, Technology, Travel

Q1 2025 sales at 4775 units: Strong demand continues for Mercedes-Benz’s Top-End Luxury and BEV portfolio Chandigarh: India’s most desirable luxury car maker Mercedes-Benz today announced its best-ever fiscal sales with 18,928 new Mercedes-Benz retailed. The company also retailed 4,775 new Mercedes-Benz in the January to March 2025 period. Mercedes-Benz sales was primarily driven by new product launches, qualitative network upgradation and elevating customer experiences. Mercedes-Benz India’s ‘Desire to Exceed’ market strategy reflected in growing customer loyalty and increasing desirability of the brand in the Indian market. Strong performance of the Core and Top-End Luxury segment remained the highlight of…

11 Apr

GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m

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#NikhilKamathinvests$20mGreenLine Chandigarh: GreenLine Mobility Solutions Ltd., an Essar venture and India’s only green logistics operator of LNG and electric-powered heavy commercial trucks, has announced a $275 million equity investment to accelerate the decarbonisation of heavy trucking in India. This includes a $20 million investment from Nikhil Kamath, marking a significant boost to India’s green logistics transformation. GreenLine aims to decarbonise India’s transportation sector, which contributes nearly 15% of the country’s total carbon emission. The funding will enable the deployment of over 10,000 LNG and EV trucks, along with the establishment of a nationwide network of 100 LNG refuelling stations, EV…

11 Apr

Bajaj Allianz Life Insurance Launches Comprehensive Protection Solution Exclusively for Women

MFNewsBrands, Business, Health, Insurance, Opinions, Technology

Chandigarh: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has launched Bajaj Allianz Life Superwoman Term (SWT), a comprehensive protection solution exclusively for women. This pioneering solution goes beyond traditional life insurance, offering financial security with term insurance benefits, critical illness benefits covering women specific conditions, an optional child care benefit, and health management services, ensuring holistic protection for women and their families. Women excel at taking care of their families, and their own financial security should be just as strong. Bajaj Allianz Life Superwoman Term helps them stay financially independent, supports them in securing their life…

11 Apr

BHIM Positions Itself as ‘Bharat Ka Apna Payments App’ with New Campaign ‘Paison Ki Kadar’

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· Conceptualised by Tilt Brand Solutions, the campaign features five brand films in 9 languages Chandigarh: BHIM, India’s homegrown payment app developed by NPCI BHIM Services Limited (NBSL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has launched a new brand campaign to position itself as ‘Bharat Ka Apna Payments App’. The campaign titled ‘Paison Ki Kadar’, celebrates how India’s relationship with money is built on trust and familiarity, even as payment methods evolve. With this, BHIM reinforces its role as a modern and inclusive payments app, designed to serve the everyday payments needs of people…

10 Apr

Axis Bank introduces industry-first In-App Mobile OTP to enhance digital security

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#AxisBankMobileOTP Chandigarh: Axis Bank, one of the largest private sector banks in India, has introduced an industry-first ‘In-App Mobile OTP’ feature on its mobile app, ‘open’, to enhance authentication security and protect customers from rising OTP-related frauds and scams. This innovative feature eliminates dependence on telecom networks by generating time-based one-time passwords (TOTP) directly within the app, instead of sending OTPs via SMS. This ensures faster, more secure authentication while significantly reducing fraud risks. The Mobile OTP is a significant step in the bank’s overall fraud protection roadmap, as part of which it aims to introduce a series of initiatives…

10 Apr

The new BMW Z4 M40i Pure Impulse Edition launched in India

MFNewsBrands, Business, Entertainment, Technology, Travel

BMW Z4 M40i offered with a manual gearbox for the first time in India. #BMWZ4 #PureImpulse #LimitedEdition Gurugram. The new BMW Z4 M40i Pure Impulse Edition was launched in India today. This iconic limited-edition roadster will be available in the country as a Completely Built-Up Unit (CBU) model from today onwards. The BMW Z4 M40i is the M Performance model of the BMW Z4 roadster. It combines the elegance of a roadster and the athleticism of an M automobile. Some striking individual touches can be added to the BMW Z4 M40i Impulse Pure Edition with a wide range of optional…

10 Apr

Vantara Unveils New Website Featuring a Future-Ready, Immersive Digital Experience in Wildlife Rescue and Conservation

MFNewsEntertainment, Opinions, Travel

#VantaraWildlifeRescue Jamnagar (Gujarat): On the occasion of the birthday of its founder and visionary philanthropist, Anant Mukesh Ambani, Vantara – one of the world’s leading organisations in wildlife rescue, rehabilitation, and conservation – announced the launch of its new website: vantara.in. The platform offers a powerful digital experience that combines compelling storytelling with intuitive design, reflecting the organisation’s deep commitment to wildlife conservation, education, and research. A key highlight of the new website is its 360-degree visual tour, which immerses visitors in the world of Vantara while reinforcing its identity as a rescue and rehabilitation centre—not a zoo. The platform…

10 Apr

EPFO Leverages Enhanced Digital Services for UAN Generation and Activation Using Aadhaar Face Authentication via UMANG App

MFNewsBusiness, Opinions, Technology

#EPFOUANviaUMANG New Delhi: The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment has launched a revolutionary step towards digital empowerment by introducing Universal Account Number (UAN) generation and activation using Aadhaar Face Authentication Technology (FAT) through the UMANG Mobile App. This contactless and secure service marks a major leap in providing hassle-free and fully digital experiences to crores of EPFO members. Simplifying the UAN Process for Employees Until now, UANs were largely generated by employers using employee data submitted to EPFO. While Aadhaar details were validated, inaccuracies in fields such as father’s name, mobile number, or…

10 Apr

Citing record dividend payouts, Mutual funds to back PSUs: GoI

MFNewsBreaking News, Business, Mutual Funds, Opinions

#MutualfundsPSUGoI New Delhi: The Centre on Wednesday urged mutual fund managers to increase their exposure to state-owned enterprises, citing their strong dividend performance and role in equitable wealth distribution. "We suggest fund managers include public sector stocks in their portfolios so that common investors, senior citizens and minority shareholders can deploy their savings productively," said Arunish Chawla, secretary, department of investment and public asset management (DIPAM), at a media briefing. "While the market cap of public sector undertakings is only 10% of the overall market capitalization, they have distributed about 25% of total dividends," he added. He said the state-run…

10 Apr

Mahindra Aerostructures selected by Airbus for manufacturing H130 Helicopter Fuselage

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#MahindraAerostructuresAirbusH130 A 'Make in India' Milestone Assemblies to be delivered to Airbus Helicopters' facility in Europe starting March 2027 Chandigarh: Mahindra Aerostructures Pvt. Ltd. (MASPL), a part of the Mahindra Group, has been awarded a prestigious contract by Airbus Helicopters to manufacture and assemble the main fuselage of its H130 light single-engine helicopter — marking a major milestone for India's ‘Make in India’ vision and further cementing Mahindra’s position as a trusted partner in the global aerospace supply chain. The contract was signed in the presence of Shri. Kinjarapu Rammohan Naidu, Honourable Minister of Civil Aviation, Government of India, Shri.…