Titan Company Ltd.

Hero Electric has partnered with Jio-bp, a fuel, and mobility joint venture between Reliance Industries and bp, for charging electric two-wheelers. As per the collaboration, the customers of Hero Electric will get access to the widespread charging and swapping network of Jio-bp, which is also open to other vehicles. The companies will bring the best of their global learning in electrification and apply them to the Indian market.

Titan Company is looking to have around 20-30 stores of its jewellery brand Tanishq in the Gulf and North American markets in the next 2-3 years. The company is targetting the widely spread Indian diaspora in the region and is going to open its first Tanishq store in the US in September. It plans more stores in the North American market and the West Asia region.

Infibeam Avenues has received an approval to make investment in Vishko22 Products & Services (Vishko22). Post investment, Vishko22 would become an Associate Company. The Board of Directors at its meeting has considered and approved the same.

Khadim is focusing on premiumisation, product innovation and demand traction that will help it grow by over 30 per cent during the current fiscal to touch Rs 800 crore revenue mark. The strategy will help improve margin by 100 basis points every year as the company sees volume surge with growing footfalls in the stores, though the volume is expected to regain to pre-covid levels by the end of FY'23.

Jammu & Kashmir (J&K) Bank is aiming to tap the benefits of the phase of accelerated growth in Jammu and Kashmir driven by various measures taken by the Union Territory administration, especially in infrastructure, agriculture and tourism sectors. 

Bank of Baroda has launched the bob World Yoddha Debit Card on the RuPay platform, especially for the Indian Armed Forces. As India marks 75 years of independence, the premium, feature-rich RuPay Select Debit Card is a special offering, designed to meet the needs of the country’s Uniformed Personnel and Veterans.

HDFC Bank has entered into an indicative and non-binding term sheet with Go Digit Life Insurance which summarizes the principal terms of a proposed investment, by HDFC Bank in the Company, of an amount between Rs 49.9 crore to Rs 69.9 crore, in two tranches, by subscribing to equity shares of the Company, for an equity stake of up to 9.944% of the paid up equity share capital of the Company, subject to execution of definitive agreements whose terms and conditions are to be mutually agreed upon, and fulfilment of other terms and conditions.