Opinions

25 Mar

Amazon announces Zero referral fees on over 1.2 crore products, boosting growth across India

MFNewsBrands, Business, Opinions, Technology, Travel

Zero referral fees on products under ₹300, enabling significant savings on low-price items for sellers Chandigarh/Ropar: Amazon India today announced its highest-ever reduction in seller fees to support lakhs of small businesses selling on Amazon.in from across the country. In a move aimed at further boosting growth of sellers on Amazon.in, the company has introduced zero referral fees on over 1.2 crore products that are priced below ₹300. Referral fees is a commission that sellers pay to Amazon for each product sold. The zero referral fees apply to more than 135 product categories. Amazon has also brought in a simplified…

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25 Mar

Adani Foundation at ACC Jamul transforms connectivity through road widening project

MFNewsHealth, Opinions, Travel

·         ACC and Adani Foundation upgrade a 927-metre road, widening it from 3 m to 4.5 m and adding a 930-m drainage system to prevent waterlogging. ·         The improved road reduces congestion and enhances accessibility for 30,000 residents, especially during the monsoon. Chandigarh: ACC, the cement and building material company of the diversified Adani Portfolio, has upgraded a 927-metre road from Bogda Bridge to the ACC plant gate in Jamul, benefiting 30,000 residents. Through this project, ACC along with the Adani Foundation, has widened the road from 3 m to 4.5 m and added a 930-m drainage system, addressing the…

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24 Mar

Make in India Defence Growth: Production hit ₹1.27 lakh crore in 23-24, Exports cross ₹21,000 crore

MFNewsBusiness, Opinions, Shares, Technology

India's defence production reached ₹1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports hit a record ₹21,083 crore in FY 2023-24, expanding 30 times in a decade, with exports to 100+ countries. 14,000+ items indigenised under SRIJAN and 3,000 under Positive Indigenisation Lists. New Delhi: India’s defence production has grown at an extraordinary pace since the launch of the "Make in India" initiative, reaching a record ₹1.27 lakh crore in FY 2023-24. Once dependent on foreign suppliers, the country now stands as a rising force in indigenous manufacturing,…

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24 Mar

18.19 lakh new workers enrolled under ESI Scheme in the month of January, 2025

MFNewsBusiness, Insurance, Opinions

8.67 lakh young employees upto the age group of 25 years constitute new registrations 3.65 lakh female employees enrolled in the ESI Scheme 27,805 new establishments registered under ESI Scheme in the month of January, 2025 85 transgender employees registered under ESI Scheme in January, 2025 New Delhi: The provisional payroll data of ESIC reveals that 18.19 lakh new employees have been added in the month of January, 2025. 27,805 new establishments have been brought under the social security ambit of the ESI Scheme in the month of January, 2025 thus ensuring social security to more workers. Through the data, it…

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24 Mar

Wedding Tourism: Ministry of Tourism launched a promotional campaign “India says I do”

MFNewsBrands, Business, Entertainment, Opinions, Travel

#WeddingTourismIndiasaysIdo   #WeddingTourismMoTIndiasaysIdo New Delhi: Development and promotion of tourist destinations and products, including wedding tourism is undertaken by the respective State Government/Union Territory Administration. The Ministry complements the efforts of States/UTs by promoting various tourism products of the country, including wedding tourism through various initiatives. The Ministry of Tourism launched a promotional campaign "India says I do" which aims at showcasing India as a premier wedding destination on the global stage. The campaign aims to leverage digital marketing, website, social media campaigns, influencers, offline and online activations. The Ministry of Tourism in collaboration with Department of Tourism, Government of Rajasthan…

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24 Mar

IHCL REAFFIRMS COMMITMENT TO SUSTAINABLE PRACTICES THIS WORLD WATER DAY

MFNewsBrands, Business, Entertainment, Opinions, Shares, Travel

#IHCLWORLDWATERDAY Chandigarh: This World Water Day, Indian Hotels Company Limited (IHCL), India’s leading hospitality company, reinforces its commitment to sustainable water management with a focus on conservation, reuse, and recycling. Acknowledging the essential role of freshwater in guest services, culinary operations, and hotel maintenance, IHCL has implemented a comprehensive strategy to responsibly optimize water usage across its portfolio. Mr. Gaurav Pokhariyal, Executive Vice President - Human Resources, IHCL said, “The future of hospitality hinges on our ability to balance growth with sustainability. At IHCL, through our ESG+ framework, Paathya, we are reimagining water stewardship, moving beyond conservation to creating circular…

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24 Mar

TVS MOTOR COMPANY APPOINTS PEYMAN KARGAR AS HEAD OF INTERNATIONAL BUSINESS

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#TVSMOTORPEYMANKARGAR Chandigarh: TVS Motor Company (TVSM) - a leading global automaker in the two and three-wheeler segment – today announced the appointment of Peyman Kargar as Head – International Business. He will be based out of Dubai and report to K N Radhakrishnan, Director & CEO, TVS Motor Company. Peyman is an accomplished global automotive leader with over three decades of experience across Europe, Asia, and the Middle East. Announcing the appointment, K. N. Radhakrishnan, Director & CEO, TVS Motor Company said, “Peyman’s prolific global leadership experience and expertise will add significant value to the company. The Company has been…

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24 Mar

Godrej Agrovet, DEI Lab, and IIMA Report: Women Form 64.4% of Agri Workforce yet 6%-10% work in Top Agri Companies

MFNewsBusiness, Health, Opinions, Shares

#GodrejAgrovetDEILabIIMAReport   #GodrejAgrovetWomen Chandigarh: Godrej Agrovet Limited (Godrej Agrovet), a diversified R&D-focused food and agri-business conglomerate, in collaboration with the Indian Institute of Management Ahmedabad (IIMA) and Godrej DEI Lab, launched the report “Women in Agribusiness – Opportunities and Challenges” at its second Women in Agriculture Summit. The report reveals that women constitute 64.4 percent of India’s agricultural workforce, yet only 6 percent to 10 percent are employed in top agri and agri-related companies. It outlines actionable measures to foster inclusion, innovation, and equitable growth in agribusiness. Commenting on the report, Balram Singh Yadav, Managing Director, Godrej Agrovet, said, “At Godrej Agrovet,…

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23 Mar

Centre withdraws 20% duty on Onion Export effective from April 1st, 2025

MFNewsBusiness, Opinions

#OnionExportMEP New Delhi: The Government of India has withdrawn 20% duty on onion export, effective from 1st April, 2025. A notification to this effect was issued by the Department of Revenue today on the communication of Department of Consumer Affairs. To ensure domestic availability, the government had taken measures to check export by means of duty, minimum export price (MEP) and even to the extent of export prohibition for almost five months, from 8th December, 2023 till 3rd May, 2024. The export duty of 20% which now stands removed has been in place from 13th September, 2024. Despite export restriction,…

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23 Mar

Indian Institute of Corporate Affairs launches Samarthya: National Competition on Corporate Rescue Strategies 

MFNewsBusiness, Opinions, Technology

#IICASamarthya The Programme offers a dynamic platform for students to devise innovative turnaround strategies for businesses facing financial distress Samarthya 2025 Focuses on Real-World Corporate Rescue Strategies and Expert Engagement New Delhi: The Indian Institute of Corporate Affairs (IICA) inaugurated Samarthya: National Competition on Corporate Rescue Strategies 2025 on March 22,2025 at its campus in Manesar, Haryana. Taking place on March 22nd and 23rd, 2025, the programme offers a dynamic platform for students to devise innovative turnaround strategies for businesses facing financial distress. The event emphasizes practical learning and strategic thinking in corporate rescue, providing participants with hands-on experience in…

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