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Business Wire India - Multimedia: Digest for May 29, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

Poonawalla Fincorp Limited, in collaboration with IndusInd Bank, has today launched the co-branded 'IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card', a card designed to redefine and elevate the banking experience of customers.

With this co-branded credit card launch, Poonawalla Fincorp marks a significant milestone in their ongoing commitment to providing tailored financial solutions to meet the evolving needs of their valued customers.
 

Key Features of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Card:
  • NIL Joining and NIL Annual Fees
  • Earn rewards on every Rs.100 spent (except fuel)
  • Earn rewards on UPI transactions (Scan & Pay)
  • 2.5 times reward points on e-commerce transactions (except fuel, travel & low interchange MCC)
  • Cash credit of reward points – Higher value of Rs. 0.40 for each reward
  • Buy One Get One movie ticket (max Rs. 200) through BookMyShow – once a month
  • Fuel surcharge waiver - 1%
  • Additional rewards of 3000 reward points on milestone achievement
 

Abhay Bhutada, Managing Director, Poonawalla Fincorp, expressed his views on the significance of this partnership: "We are excited to launch the 'IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card', which reflects our commitment to enabling dreams of our customers. By offering this card, we aim to enhance engagement with our existing customers digitally while also extending our reach to new customers."
Business Wire India

London-based consumer tech brand Nothing announces the appointment of Vishal Bhola as President for Nothing India. With an extensive career spanning over 28 years in global business leadership, Vishal Bhola brings a wealth of experience from prominent multinational corporations including Unilever and Whirlpool.
 
In his new role at Nothing, Vishal Bhola will play a pivotal role in accelerating Nothing's growth trajectory in India, leveraging his extensive expertise in consumer tech and strategic business management. His appointment underscores Nothing's commitment to expanding its presence and offerings within the Indian market.
 
Carl Pei, CEO and Co-founder at Nothing, commented, "Vishal's vast experience and leadership in the global consumer goods industry make him a valuable addition to our team. We are excited to welcome him aboard and look forward to his contributions as we continue to innovate and redefine the tech landscape."
 
Vishal Bhola shared his excitement about joining Nothing, stating, "I am thrilled to be part of Nothing's journey. The company's iconic products and inspiring vision to make tech fun again resonate with me. I am eager to contribute to Nothing's next phase of growth and innovation."
 
Vishal Bhola's journey includes over two decades at Unilever, where he held various key positions starting in India and expanding across South East Asia, the USA, Africa, China, and the global headquarters in London. After his tenure at Unilever, Vishal Bhola joined Whirlpool as Managing Director, responsible for driving profitability and growth across the Indian subcontinent for Whirlpool Corporation.
Business Wire India

Motilal Oswal Financial Services Ltd, an Indian stock brokerage and investment management firm, in its latest announcement, announced the launch of its newly upgraded investment app - Rise. The app is setting new standards in the industry with its cutting-edge investment technology and power trading platform. The app is designed to empower investors and traders by offering a seamless and comprehensive experience for trading and portfolio management.
 
Ajay Menon, the CEO and MD at Motilal Oswal Financial Services Ltd, highlighted the app's focus on providing a superior user experience, by saying, "At Motilal Oswal, we are committed to simplifying the investment process and equipping our users with the tools and insights they need to make informed decisions. Rise is the culmination of our efforts to provide a one-stop solution for all investment needs, enhancing the trading and portfolio management experience."
 
Rise offers a range of features to streamline trading, including faster execution and real-time updates to help users seize the stock market opportunities swiftly. With Rise, the brokerage firm is keen on offering users with a trading experience that is not only fast but also intuitive and efficient. Backed by its QGLP philosophy to educate first and then help investors invest, the app aims to empower users to invest with confidence, knowing that they have the support and tools they need to make an investment decision.
 
One of the standout features of the Rise app is its one-click stock SIP (Systematic Investment Plan) investments, which simplify the process of setting up and managing SIP portfolios. SIPs have become an effective way to build wealth over time, and the app's one-click stock SIP feature makes it easier for users to start investing. Whether a user is a seasoned investor or just starting out, Rise offers a range of features to help them achieve their investment goals, by giving them access to all-things investment in one app.
 
Recognizing that not everyone has the time or expertise to research investments, Rise also provides access to expert research and investment recommendations, offering users valuable insights to make informed investment decisions. By consolidating all investment avenues in one platform, including mutual funds, ETFs, stocks, ready-made portfolios, IPOs, NFOs, bonds, insurance, and FDs, Rise offers a seamless experience for investors at all levels.
 
For beginners in options trading, Rise offers ready-made option trading strategies through its Options Store, streamlining the learning curve. A unified dashboard helps investors monitor all investments, and provides expert analytics to measure investment effectiveness and track growth over time, ensuring that investors stay on top of their financial goals.
 
The Rise app from Motilal Oswal Financial Services Ltd is transforming the landscape of trading and portfolio management, offering a comprehensive suite of features designed to empower users and enhance their investment experience. With its commitment to innovation and excellence, Motilal Oswal continues to bring innovation in the financial domain, making investments easy and accessible for all Indians. To know more about Motilal Oswal Financial Services Ltd, you can visit their website (www.motilaloswal.com) or download their app from Play Store and AppStore. 
 
Disclaimer
Business Wire India

  • Mr. Abhinav Bindra, Indian Olympic gold medallist and recipient of the Padma Bhushan graced the event as the Chief Guest
  • Honorary doctorate degrees conferred to legendary sarod maestro Ustad Amjad Ali Khan, iconic artist Mr. Krishen Khanna, India's first man in space Wing Commander Rakesh Sharma (Retd.), and Ms. Sukla Mistry, an outstanding woman business leader in India's public sector
  • Over 800 students from Shiv Nadar Institution of Eminence were conferred degrees this year
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Shiv Nadar Institution of Eminence, India's leading multidisciplinary research university, celebrated its tenth convocation ceremony. The event was attended by over 3000 esteemed guests, faculty members, parents, and graduates.

During the convocation, honorary doctorates were conferred to Ustad Amjad Ali Khan, sarod maestro and Padma Vibhushan awardee; Mr. Krishen Khanna, renowned artist and Padma Bhushan awardee; Ms. Sukla Mistry, first woman director of refineries in IndianOil Corporation; and Wing Commander Rakesh Sharma (Retd.), Ashoka Chakra awardee and the first Indian in space. The honorary doctorate degrees were awarded in recognition of their outstanding achievements and contributions to the country in their respective fields.

Gracing the occasion as the chief guest, Mr. Abhinav Bindra, Indian Olympic gold medallist and Padma Bhushan awardee, said, "All success is about learning how to fail well and keeping your unique super-power sharp. To the graduating class of 2024, the world is your canvas, fill it with joy, camaraderie, empathy, and dreams."

At the event, Mr. Shiv Nadar, Founder of HCL and Shiv Nadar Foundation, said, "Today, I am filled with immense pride and joy to witness this pivotal moment in the lives of our students that marks the culmination of their years of dedication, perseverance, and commitment to excellence. I urge our students to stay committed to their long-term vision."

In an inspiring speech, Mr. Shikhar Malhotra, Chancellor, Shiv Nadar Institution of Eminence, said, "Congratulations to the class of 2024, as you step beyond the confines of this campus into the expanse of the world, let compassion be your guiding light and imagination your compass. Let us continue to strive for excellence and embrace the challenges that lie ahead with resilience and determination. It is my unwavering belief that together we can truly make a difference in India and the world."

The tenth convocation ceremony conferred 687 undergraduate degrees, 104 graduate degrees, 43 doctorate degrees from the School of Engineering, School of Natural Sciences, School of Humanities and Social Sciences, and School of Management and Entrepreneurship, and recognised best performances with special awards and distinctions.
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