Business Bureau

Royaloak Furniture bets on Agartala with 12,000 sqft flagship store

Royaloak Furniture has strengthened its retail footprint in the Northeast with the launch of a 12,000-square-foot flagship store in Agartala, Tripura, bringing its Country Store collection to the city. The new outlet offers furniture and home furnishing products across living rooms, bedrooms, dining areas, study and office spaces, outdoor furniture, home décor and mattresses. The…

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ICICI Prudential Life’s 99.31% claim settlement ratio signals focus on customer payouts

ICICI Prudential Life Insurance reported a claim settlement ratio of 99.31% for Q1-FY2027, the highest among leading life insurers in India based on public disclosures through Form L-39 and L-40. The company’s quarterly performance also highlights the scale of financial support provided to policyholders’ families through death-claim settlements. During the quarter, ICICI Prudential Life settled…

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Open-source ATMs and UPI credit tools bring banking innovation closer to Bharat

A new wave of fintech innovation is targeting one of India’s biggest financial inclusion challenges — making banking, credit and cash services available faster and closer to customers. At Global Fintech Fest 2026, Department of Financial Services Secretary Sanjay Lohiya launched three technology-led solutions, in the presence of UIDAI CEO Saurabh Vijay. The first is…

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ICICI Prudential Life turns its insurance distribution stack into an AI-powered innovation platform

ICICI Prudential Life Insurance is expanding the use of artificial intelligence and digital infrastructure in insurance distribution with the launch of ‘ICICI Life Partner Stack 2.0’, an upgraded platform designed to equip advisors and distribution partners with technology across sales, onboarding and customer servicing. The platform’s eQuote App uses an AI-based product recommender to identify…

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TCS Rural IT Quiz targets India’s next wave of technology talent

Tata Consultancy Services (TCS) and the Department of Electronics, IT & BT, Government of Karnataka, have opened registrations for the 27th edition of the TCS Rural IT Quiz, strengthening the company’s long-running effort to expand technology awareness among students beyond major urban centres. The 2026 edition, an integral part of Bengaluru Tech Summit 2026, will…

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Amway India’s Ayurveda push targets Rs 100 crore opportunity, deepens local value chain

Amway India has expanded its presence in the Ayurveda and preventive wellness market with the launch of Nutrilite Ayurveda, unveiling nine new innovations and targeting aRs 100 crore category over the next two years. The expansion reflects the company’s assessment of growing consumer demand for plant-based and preventive healthcare, alongside the Government of India’s focus…

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Vedanta presents Jaipur Literature Festival’s 20th edition with focus on global reach and cultural impact

Vedanta will present the landmark 20th edition of the Jaipur Literature Festival (JLF) from January 14 to 18, 2027, marking two decades of literary exchange, cultural dialogue and multilingual storytelling. Supported by the Government of Rajasthan, the festival has grown into a major global platform since 2008, hosting more than 8,000 writers, speakers and artists,…

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ICICI Prudential Life launches value-momentum fund amid growing focus on equity participation

ICICI Prudential Life Insurance has launched the BSE 500 Momentum Value 50 Index Fund, adding a new rules-based investment option to its ULIP portfolio as long-term household participation in equity-linked financial products continues to expand. The fund will provide exposure to 50 companies selected from the broad BSE 500 universe and follow the ICICI Pru…

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