Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹2,211 crores for the period ended September 30, 2025, marking a growth of 29%. Protection Individual new business premium stands at ₹371 crores for the period ended September 30, 2025. Individual New Business Premium stands at ₹12,175 crores with 6% growth over the corresponding period ended on 30^th September, 2024.

SBI Life’s profit after tax stands at ₹1,089 crores for the period ended September 30, 2025, with a growth of 4% over the corresponding period ended on September 30, 2024.

The company’s solvency ratio continues to remain robust at 1.94 as of September 30, 2025, as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 10% to ₹4,81,465 crores as on September 30, 202,5, from ₹4,38,954 crores as on September 30, 2024, with the debt-equity mix of 60:40. 95% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 343,543 trained insurance professionals and a wide presence with 1,154 offices across the country, comprising of strong bancassurance channel, agency channel, and others, comprising corporate agents, brokers, Point of sale persons (POS), insurance marketing firms, web aggregators, and direct business.

Performance for the period ended September 30, 2025

• Private Market leadership in Individual New Business Premium & Individual Rated Premium with market share of 25.4% & 22.6% respectively.
• Annualized Premium Equivalent (APE) stands at ₹9,917 crores with growth of 10%.
• Total New Business sum assured stands at ₹7,11,739 crores with 99% growth.
• Improvement in 13M persistency by 70 bps
• Value of New Business (VoNB) stands at ₹2,753 crores with a growth of 14%.
• VoNB Margin stands at 27.8%.
• Indian Embedded value (IEV) stands at ₹75,997 crores with a growth of 15%.
• Profit After Tax (PAT) stands at ₹1,089 crores with 4% growth.
• Robust Solvency ratio of 1.94.
• Assets under Management stand at ₹4,81,465 crores with 10% growth.
• Operating return on embedded value stands at 17.6%.

Disclaimer:

Except for the historical information contained herein, statements in this release that contain words or phrases such as ‘will’, ‘expected to’, etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual results, opportunities, and growth potential to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the actual growth in demand for insurance and other financial products and services in the countries that we operate or where a material number of our customers reside, our ability to successfully implement our strategy, including our use of the Internet and other technology our exploration of merger and acquisition opportunities, our ability to integrate mergers or acquisitions into our operations and manage the risks associated with such acquisitions to achieve our strategic and financial objectives, our growth and expansion in domestic and overseas markets, technological changes, our ability to market new products, the outcome of any legal, tax or regulatory proceedings in India and in other jurisdictions we are or become a party to, the future impact of new accounting standards, our ability to implement our dividend policy, the impact of changes in insurance regulations and other regulatory changes in India and other jurisdictions on us. SBI Life Insurance Company Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

This release does not constitute an offer of securities.

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PUNE:  Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, today announced new unparalleled entertainment packs for prepaid customers. With access to an industry-leading portfolio of 25+ top OTT platforms—including Netflix, JioHotstar, Zee5, and SonyLiv — Airtel is the only telco in India offering such an extensive entertainment experience. Starting at an attractive introductory price of ₹279 for 1 month validity, customers will get access to a wide variety of popular streaming platforms, of value worth ₹750, making it the only telco to enable access to such a wide bouquet of OTT streaming options. The company has also bundled entertainment packs with unlimited 5G data and unlimited calls at ₹598, facilitating unlimited entertainment.  

Customers can now access a wide variety of TV shows, blockbuster movies, and documentaries from leading OTT platforms such as Netflix, JioHostar, Zee5, SonyLiv, LionsgatePlay, AHA, SunNxt, Hoichoi, ErosNow, and ShemarooMe, among others, all through a single pack. By consolidating these various OTT services into one affordable package, the company seeks to meet the changing entertainment preferences of its prepaid users. This enables them to effortlessly enjoy international, Bollywood, and regional content in more than 16 languages, including their preferred shows, films, and or

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INDIA: PVR INOX Limited, the largest and the most premium cinema exhibitor in India today announced the opening of its largest 9-screen multiplex at Phoenix Palladium Mall in Ahmedabad. With the launch of this cinema, Gujarat gets its first luxury cinema with IMAX and LUXE formats that will offer an unparalleled cinema viewing experience to its patrons.

With this cinema opening, PVR INOX Limited strengthened its presence in Ahmedabad with 36 screens in 6 properties and in the state of Gujarat with 134 screens in 28 cinemas. The company consolidates its presence in Central India to 210 screens in 43 properties.

The new multiplex accommodates 1283 guests and is strategically located at Thaltej in the western part of Ahmedabad, a high-end catchment area well connected to the rest of the city through the Sarkhej-Gandhinagar Highway. The new cinema is equipped with state-of-the-art cinematic technologies including captivating 3D technology, Dolby 7.1 Audio for powerful sound quality, and 4K laser projection for making movie viewing a larger-than-life experience.

The cinema proudly introduces the first commercial IMAX® with laser theatre in Gujarat. IMAX® with Laser has been designed from the ground up exclusively for IMAX® screens. The experience is set apart by its next-generation 4K laser projection system which features a new optical engine and a suite of proprietary IMAX technologies that deliver increased resolution, sharper and brighter images, deeper contrast as well as the most distinct, exotic colors ever available on-screen. The new experience also features IMAX®’s Surround sound technology to deliver greater dynamic range and precision for the ultimate in audio immersion.

Speaking on the launch, Ajay Bijli, Managing Director, PVR INOX Limited, “We are thrilled to expand our presence in Gujarat with the opening of the largest cinema in Ahmedabad featuring the city and state’s first LUXE and IMAX® auditoriums. The evolution of next-generation destination shopping and entertainment centers is consistently leading the change in the market dynamics and PVR INOX Limited is taking the lead to be part of this evolutionary process. Our cinemas in these malls epitomize next-generation entertainment, offering audiences the finest global cinematic experiences.”

The Art Deco interiors of the cinema are sophisticated and elegant. With all the facets, including the opulent LUXE lounge and custom backlit artworks with a ‘V’ theme celebrating legendary actors the patrons are in for an extraordinary visual treat. Ergonomic recliners and an elaborate gourmet menu served on the seats are other things that will add to an optimal viewing experience for movie and food connoisseurs.

“We are delighted to unveil the biggest cinema in Ahmedabad, Gujarat, one of the most progressive states offering an investor-friendly destination. This marks a significant milestone for us as we introduce our hugely successful LUXE and IMAX® format to this part of the city to make cinema viewing more experiential. With cutting-edge technology and a focus on creating immersive viewing experiences, we are confident that our advanced cinema will become the premier destination for movie enthusiasts in the region,” said Sanjeev Kumar Bijli, Executive Director, PVR INOX Limited.

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GURUGRAM: Nissan Motor India (NMIPL) today announced the re-launch of its CBU Business with the All-New Nissan X-TRAIL in India, setting a new benchmark for premium urban SUVs in the country. The 4th generation of the Nissan X-TRAIL is a ‘Made in Japan’ exclusive for Nissan aficionados. It is designed and delivered for customers seeking a refined driving experience, appreciating Japanese craftsmanship in design and engineering along with high versatility in space utilization. Building upon Nissan’s two-decade-strong SUV DNA and legacy, the 4th-generation X-TRAIL is marking the re-start of Nissan’s CBU (Completely Built Unit) business in India which is led by a customer-first approach product strategy.

The Nissan X-TRAIL, currently available in over 150 markets, has achieved a remarkable milestone with over 7.8 million X-TRAILs sold worldwide since its inception.

Frank Torres, Divisional Vice President AMIEO Region Business Transformation & President of Nissan India Operations said, “India is one of the most promising markets for Nissan and thus, it holds a special place in Nissan’s global strategy. The official introduction of the All-New 4th Generation Nissan X-TRAIL marks the relaunch of the CBU business for the brand in India. This launch is a significant milestone in line with our new brand strategy for India and gives India access to the best of Nissan’s global SUV portfolio for the discerning Indian customer.”

Frank added,” We are also working towards introducing new models designed, developed, and manufactured in the country as a part of our commitment to India. In line with our global business plan named the ARC, we are set to introduce three new models into the Indian market during the ARC period 2024 to 2026 to optimize the potential in the country, on top of the X-TRAIL and the successful Magnite delivered for India and the world. This is part of our transformation to position Nissan in India as a significant player that has the pulse of our dynamic customers and stays ahead in catering to their ever-evolving needs.” 

Saurabh Vatsa, Managing Director, Nissan Motor India, commented, ” Our transformational journey in India for the brand has truly begun & the strategy is based on three key pillars – expanding CBU operations, strengthening our domestic market presence and expanding our reach in the export markets, making India operations future ready. The launch of the All-New 4th Generation Nissan X-TRAIL marks the beginning of our product offensive in India. The relaunch of our CBU business will provide flagship & aspirational Nissan SUVs like the X-TRAIL that embody sophistication, versatility, and a penchant for premium driving experience while adding to the resurgence of the Nissan brand in India.”

Saurabh added, “The X-TRAIL highlights our focus on bringing the best of Nissan’s global technologies and offerings to India, including the world’s first VC Turbo engine and XTRONIC CVT technology. This model sets a new benchmark for premium SUVs in India, symbolizing the best of Nissan technologies. I believe this capable, exciting, and All-New product offering will give a lot of confidence to our prospective customers who have been looking forward to aspirational global products and technologies from Nissan in India.”

World’s First Production Engine with Variable Compression technology launched in India

The All-New X-TRAIL is equipped with a 1.5L Petrol Variable Compression-Turbo mated to Nissan’s ALiS Mild Hybrid 2WD engine mated with 3^rd Gen XTRONIC CVT powertrain that produces 163ps and 300Nm of torque. This engine, the first of its kind globally, is a patented technology that offers power & fuel efficiency on demand.

This patented VC-Turbo engine varies compression ratio from 8:1 to 14:1 on demand to deliver the right balance of performance and fuel economy. In driving scenarios with relaxed driving and light acceleration, the engine switches to a high compression ratio for optimized fuel efficiency, while in situations where more performance is needed, the compression ratio is adjusted to a low level seamlessly. This adaptability ensures that this engine delivers the finest level of NVH than conventional ICE engines.

XTRONIC stepped Continuously Variable Transmission (CVT)

The new 3^rd generation XTRONIC CVT transmission offers better fuel economy and acceleration thanks to improvements including a twin oil pump system with the new electrical oil pump. The latest development in continuously variable transmissions (CVT), D-Step Logic Control is computer software that uses dynamic inputs like vehicle speed, accelerator pedal position, and application speed to determine the ideal gear ratio needed to provide smooth, constant acceleration.

For drivers, it feels very much like the automatic transmissions they are familiar with. D-step shift logic can hold a constant gear ratio like a conventional step-gear automatic transmission but adds the flexibility and smoothness of a CVT.

ALiS Mild Hybrid Technology debuts in India

The 12V ALiS (Advanced Lithium-ion battery System) mild hybrid system available on the new X-TRAIL provides torque assist, extended idle stop, quick restart and coasting stop, with improvements to both fuel economy and CO2 output. When decelerating, energy is recovered through regeneration and stored in the Lithium-ion battery. This charged energy is then supplied during Idling Stop, Coasting Stop, and Torque Assist.

When accelerating (between 20kph and 110kph), the energy in the Lithium-ion battery allows the motor to assist with an additional +6Nm torque for up to 20 seconds. This helps reduce the torque effort on the engine and improves fuel economy.

Modern, Muscular Styling

Both the exterior and interior of the new X-TRAIL reflect the spirit of the vehicle – versatile and adventurous. The exterior is refined and highlighted by signature Nissan design elements such as the floating roof and V-motion grille. The frontal aspect is framed by striking headlights that appear molded within the bodywork of the front bumper, with combined daytime running lights and indicators nestled along the shut-line of the hood.

From the side, the muscular wheel arches at the front and rear give the X-TRAIL presence on the road. The new X-TRAIL comes with the largest in-segment R20 diamond-cut alloy wheels. These larger diameter wheels fill the arches and further contribute to the robustness of the car on the road.

The shape of the C-pillar is reminiscent of a dolphin fin, bringing tension to the rear where the wrap-around lights complete the rear three-quarter aspect including a raindrop effect design. From behind, a taught horizontal line sits just above and below where the number plate is mounted, while split rear lights ensure a wide aperture for the trunk.

Key aerodynamic features include “3D” tyre deflectors in the lower front fascia, an active grille shutter to control air flow into the engine compartment, special A-pillar shaping, underbody covers to manage air flow under the vehicle and a unique ‘air curtain’ that precisely directs air flow from the front to the sides of the X-TRAIL.

Dynamic, Secure, and Enjoyable Driving Experience

The new X-TRAIL offers a rewarding driving experience – building on its reputation as a refined and comfortable drive, but enjoyable when the road turns twisty. Thanks to the CMF-C platform, the new X-TRAIL has an updated Macpherson strut set-up at the front. The rear suspension is an advanced multi-link set-up.

Premium Interior Ambience

The cabin of the new Nissan X-TRAIL sets a new segment standard for elevated ambiance, distinctive design, and enhanced usability.

Extensive attention has been paid to the ergonomic and tactile quality of the switch gear and buttons to give them a high-quality feel. Customer research has clearly shown customers’ preference for easy-to-use core functions, so the X-TRAIL has simple, intuitive heating/air-conditioning controls, as well as buttons that govern the central screen functions.

The top level of the floating center console layout features the e-shifter, the drive mode selector, and twin cup holders, as well as the 15w wireless charge pad for smartphones. There is a combined elbow rest for front-seat occupants, which has a ‘butterfly’ opening, to reveal a cavernous storage space for valuables. The side opening elements allow easy access to the storage area for rear-seat passengers, unlike a rear-hinged lid.

Underneath, the upper tier of the floating console is space utilized to the optimum for storage making it easier to store smaller items and creating optimal space usage because, in a family car, you can never have enough storage.

Flexibility & Versatility

Cabin design includes a 7-seat layout, 40/20/40 2^nd row seat split option with sliding & recline function, and 50:50 seat fold for 3^rd row & Floating Centre Console with butterfly opening.

Thanks to the packaging efficiency of the new X-Trial it is available with a third row of passenger accommodation. Individual seats in the third row effortlessly disappear into the floor and are designed to accommodate passengers up to 160cm in height.

The Panoramic Sunroof allows light to flood into the cabin, further enhancing the spacious and relaxing feel of the interior.

When the two rear seats are not in use, the resulting trunk space puts the X-TRAIL among the top-runners in its category for luggage space with a total capacity of 585 liters when 3^rd row is folded, thanks to a best-in-class floor length and also width between wheelhouses. The improvements in the utility of the luggage area make luggage loading easier and storing small items more convenient.

Safer & Efficient CMF-C platform

The new X-TRAIL is based on the Alliance CMF-C platform, which represents a state-of-the-art automotive structure and technology architecture.

In terms of construction, the body in white makes use of more lightweight material, as well as advanced stamping and welding techniques to increase strength but to also reduce weight. For the first time, the rear boot door on the X-TRAIL is now made of a composite material. The front and rear doors, front fenders, and hood are all now made of aluminum.

This contributes to refinement, ride comfort, and driving response typically found in a higher segment, plus exceptional safety in the event of an accident – as well as adding benefits to the car’s overall efficiency.

Other Safety features include 7 Airbags, Around View Monitor (AVM) with Moving object detection (MOD), Brake Limited Slip Differential (BLSD), Electronic Stability controls (ESC), Traction Control System (TCS), Hill-start Assist (HSA), ABS with EBD, Front & Rear Parking Sensors, and all 4 Wheel Disc Brakes.

Practical & Advanced Tech

The X-TRAIL embodies the essence of Japanese Premium Design & Craftsmanship, showcasing strong front fascia with a slimmer, sharper front headlamp design thanks to the use of LED technology. On the rear lights, there are also graduated `raindrop’ grain optics which create a 3D lighting effect and give a futuristic impression.

At the heart of the X-TRAIL’s technology suite is a high-definition, fully electronic 31.2cm TFT multi-information screen that offers a choice of configurable layouts to display vehicle information, all controlled from a new tactile dial switch on the steering wheel. A traditional “Kiriko” cut glass texture is also added to the TFT’s digital background – a nod to Nissan’s Japanese DNA and Design Philosophy.

X-TRAIL also features a 20.3cm HD touch screen with Android Auto & Apple CarPlay connectivity options, Around View Monitor with Moving Object Detection, wireless charger.

The inclusion of an E-shifter, Electronic Parking Brake, Auto Hold, Drive Modes, Paddle Shifter, Dual Zone AC, Cruise Control, and Auto Fold ORVM (Outside Rear-View Mirrors), ensures a comfortable journey.

The X-TRAIL is available in three elegant color options: Champagne Silver, Pearl White, and Diamond Black. Bookings will start on 26 July across Nissan dealerships, nationwide, and on Nissan’s website https://book.Nissan.in/.

The booking amount for the X-TRAIL is INR 100,000 and deliveries of the vehicle are to commence in August 2024.

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PUNE: Haworth, a 2.57 billion US dollar company, offering premium global workspace solutions, announced its expansion in India with the inauguration of its first dealer showroom in Pune, in partnership with Matrix Workspace Solutions. Matrix has been at the forefront of architectural innovation, offering a seamless blend of design, fabrication, and installation solutions. This is Haworth’s first dealership in Pune, underscoring its commitment to strengthen its presence in India and the broader Asia Pacific region.

The 5,000 sq ft showroom will offer the best of international design, and quality and showcase Haworth’s Executive and Premium range of furniture for future workspace. The showroom will house eclectic products from eminent designers like Patricia Urquiola and Mac Stopa. The showroom is an architectural innovation that will give clients an immersive experience on total floorplate perception, enabling them to visualize the blueprint of the next-gen workplace. The showroom will give future creators of ‘Office Space’ a sneak peek into upcoming trends and throw light on how to create a productive environment.

Haworth has witnessed robust growth in the Indian market in recent years and now focuses on strengthening its presence in the country. Haworth is setting up its second state-of-the-art factory in Sriperumbudur, with the aim of further increasing its footprint in the Asia-Pacific region. Haworth is investing $8 – $10 million, in setting up this factory in Chennai, doubling the space of its current plant totaling 113,000 sq. ft. Recently, Haworth also inaugurated its brand-new 26,000 sq. ft. largest showroom in Chennai. Haworth is further exploring new markets in emerging cities and has recently onboarded new dealers in Delhi NCR and Ahmedabad. The company continues to bag orders from across various verticals, as well as from leading organizations, government entities, and the education sector, reinforcing its position as a preferred workspace solutions provider.

Henning Figge, President of Haworth International said, “Our continued focus on expanding in India has just inched further. We are elated to announce our presence in the most promising market in the West, Pune. The decision to expand our operations in Pune stems from our commitment to meeting the growing demands of our customers and seizing new opportunities in the region. We have been in India since 1997 and have been an integral part of the development of high-grade office furniture. With the expansion of Grade A spaces across India, we expect to increase our business in emerging markets in the country. Localization of key products in India, supply chain optimization, implementation of a new ERP system, onboarding new dealers, market expansion, and investment in new showrooms are our strategic imperatives.”

 “Strategic focus on localization of key products will help us address the growing market needs and improve our delivery timelines. We are also focused on premium seating while capitalizing on emerging opportunities in systems and pods. We are also driving big on technology, a fundamental part of a user-friendly workplace. Furniture settings with built-in power outlets, USB ports, and wireless charging stations will be the highlight at the Pune showroom and will help build agile workplaces. Matrix showroom aligns with our commitment to continue to deliver excellence across various sectors where we are eager to make a curious lasting impact,” said Praveen Rawal, Vice President of Sales of Haworth APAC.

“We are excited to enhance our presence in the Pune market through our partnership with a global brand like Haworth. By bringing the latest workplace design trends to Pune, one of India’s leading markets for commercial leasing, we aim to elevate the workplace environment and living spaces. At Matrix, we offer comprehensive solutions from entry to exit. With Haworth, experience a workplace that seamlessly combines functionality with aesthetic allure, inspiring creativity and fostering productivity,” said Kewwal Thakkar, Managing Director of Matrix Architectural Solutions.

Haworth has a presence in over 150 countries and employs more than 8,000 professionals worldwide. In India, Haworth operates 5 showrooms and offices as well as two dealer showrooms with over 300 employees. Additionally, the company has established a global Shared Services Centre (SSC) in Chennai as part of its bestshoring initiative.

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BENGALURU: Livspace today announced the launch of “Vinciago,” a premium interior design brand that aims to meet the growing demand for uniqueness and personalization by crafting homes that blend scientific design with passionate artistry, creating spaces that tell unique stories. 

As per recent real estate trends, while overall sales of residential homes have grown by 31% in 2023 over 2022, luxury homes have grown by 96% during the same period thereby increasing the share of luxury homes from 6% to 9% of overall units. This trend, driven by premiumization, creates the perfect opportunity for Vinciago to transform premium home experiences nationwide. Showcased at Livspace Experience Centres, Vinciago will be available in major metro cities, including Delhi/NCR, Mumbai, Bangalore, Pune, Kolkata, Chennai, Hyderabad, and Ahmedabad, and additionally in key non-metro cities including Surat, Vadodara, Jaipur, Lucknow, Goa, Kochi, Nashik, Coimbatore, Nagpur, Bhopal and Indore. 

Commenting on the launch of Vinciago, Saurabh Jain, Co-founder & CEO – India Operations, Livspace said, “The launch of Vinciago comes at a perfect time to tap into India’s surging premium housing market. We’re not just building premium homes; we’re redefining interior design for those seeking a personalized experience. The opportunity that lies ahead is immense in growth and size and we are excited to be able to broaden our spectrum of offerings and cater to the premium homes segment. Vinciago stands out with its meticulous attention to detail and commitment to customizable designs. Our belief that homes should reflect individual tastes drives our team to collaborate closely with buyers, transforming their visions into personalized masterpieces. Each Vinciago home is a unique blend of our expertise and the homeowner’s personality, perfectly aligning with the growing demand for bespoke living spaces.”

Livspace is on an upward journey to redefine home interiors and renovations in India. Consolidating its leadership in the organized home interiors sector, Livspace plans to establish over 100 Design Experience Centres (ECs) while strengthening its presence in existing markets. With a diverse range of home interior and renovation solutions, Livspace has become the go-to destination for residents seeking top-notch designs, quality products, and expert guidance. Positioned to capture the demand for modular solutions in tier 2 and tier 3 markets, Livspace currently boasts a network of over 52 stores in metros and non-metros, including Delhi-NCR, Bengaluru, Mumbai, Ahmedabad, Jaipur, and Kochi. 

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During this period, Star Health paid over 27,700 individual claims in Pune, of which over 23,200 claims were settled in cashless mode, and over 4,400 claims were reimbursement claims. The company settled all cashless claims within two hours, and in most cases, the initial authorization for cashless treatment was given within two hours. Star Health has also endeavored to make the payments of reimbursement claims within seven days of claim submission, ensuring that customers do not face hassles in settlement even though the reimbursement route.

Star Health currently covers over 2.64 lakh lives in Pune, including more than 2.53 lakh individuals through its retail health insurance and over 10,000 individuals via group health insurance. With 14 branch offices and a strong network of over 19,600 agents in the region, the company ensures accessibility and timely support for its customers. As of August 2023, Star Health boasts 777 network hospitals in Pune, facilitating cashless hospitalization for policyholders.

Star Health and Allied Insurance Company Limited covers over 77.54 lakh lives nationally, aided by a network of 6.58 lakh agents, 879 branch offices, and 18,993 network hospitals, guaranteeing accessible, quality healthcare. The company also harnesses AI and MI technologies to enhance customer service, reducing query turnaround times and offering a seamless, efficient experience.

Aditya Biyani, Chief Strategy & Investor Relations Officer, Star Health and Allied Insurance Co. Ltd., said, “We are happy to say that at Pune, Star Health has been quick to settle claims and approve cashless treatments. We are committed to our customers in the region and have constantly strived to provide the best experience possible for them, be it through our innovative products designed to address all the health cover needs of our customers or via our claims management. We continue to strengthen our hospital network in the city to make it easier for customers to gain access to cashless treatments at a hospital close to their residence.“

Better awareness brings a host of advantages to Star Health customers, including 24×7 telemedicine services, wellness programs promoting good health to reduce hospitalization, free annual health check-ups, and more. Accessible nationwide via the Star Health App, this platform also facilitates video conferencing for doctor consultations, ensuring an enhanced and efficient healthcare experience.

Star Health and Allied Insurance’s commitment to customer satisfaction and financial security is reflected in its quick settlement of claims and approval of cashless treatments. The company’s innovative products and claims management, coupled with its extensive network of hospitals and agents, ensure accessibility and timely support for its customers.

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• Consumers can explore digital art, doodling, photography, fitness, coding, and music through ‘Learn @ Samsung’ workshops at the store
• The store will host entertainment activities with a special focus on local culture and art, offering a Samsung experience customized to the city of Ahmedabad
• At the new store, consumers will get assured gifts, 2X loyalty points, and Galaxy Buds2 at INR 2,999, when buying select Galaxy devices for a limited period

AHMEDABAD: Samsung India today inaugurated a new Premium Experience Store at the Palladium Mall in Ahmedabad, its largest in Gujarat, bringing in exciting new technology experiences to consumers in the city.

At the new store, consumers can enjoy Samsung’s entire product range through exciting zones around Samsung’s connected ecosystem such as SmartThings, smartphones, laptops, audio, gaming and lifestyle televisions.

Palladium Mall, which is located in the Thaltej area of Ahmedabad, has emerged as a hub for Gen Z and millennials. The store here will host a variety of Galaxy workshops under the ‘Learn @ Samsung’ program for consumers. This will include free hands-on workshops around consumer passion points such as digital art, doodling, photography, videography and fitness.

Spread across 3,500 sq ft of space, the store will also host a variety of entertainment activities with a special focus on local culture, music and art, offering a Samsung experience customized to the city of Ahmedabad.

Consumers visiting the store in the first week after opening will get assured gifts on purchases of INR 20,000 & above, 2X loyalty points and Galaxy Buds2 at INR 2,999, on purchase of select Samsung products. In addition, consumers can also avail always-on special benefits such as student discounts of up to 10% on smartphones, tabs, laptops and smartwatches, up to INR 8,000 cashback on select devices and up to INR 21,000 in additional benefits.

“We are excited to open the doors to our next-gen Premium Experience Store in Ahmedabad. We have tailored unique experiences through zones such as Samsung SmartThings and Gaming & Creativity, designed especially for Gen Z consumers. Moreover, to engage our young consumers through their passion points, we will also host ‘Learn @ Samsung’ workshops. These workshops will focus on varied consumer interests such as digital art, doodling, photography, videography, fitness and music, among others,” said Sumit Walia, Senior Director, Samsung India.

The newly launched store offers a next-generation larger-than-life experience of Samsung products alongside a one-of-a-kind experience to young gaming enthusiasts with a dedicated gaming zone that showcases a premium range of smart monitors.

At the new store, consumers will get a phygital experience through Samsung’s Store+ endless aisle platform. With Store+, consumers will be able to browse Samsung products with over 1,200 options across its portfolio, whether available online or in-store, using a digital Kiosk. Consumers can also order online from the store and have the products delivered home directly.

Consumers can also access Samsung’s digital lending platform Samsung Finance+ and Samsung’s device care plan Samsung Care+ for Galaxy smartphones, tablets, and smartwatches at the store.

Consumers visiting the store will also be able to enjoy hassle-free after-sales service for their smartphones and book service calls for their consumer electronics products at home.

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INDIA: Seagram’s Blenders Pride Reserve Collection, an exquisite offering from the house of the iconic Blenders Pride, and the most premium Indian whisky has achieved a remarkable milestone of selling over 1 million cases in a year (Jul’22 to Jun’23). It is the 1^st brand in its price segment at the top-end of the Indian whiskies category to sell over a million cases (becoming the 3^rd largest brand in the category), with an impressive growth of 30% (CAGR) in annual sales over the last 3 years.

Today’s young consumers have become increasingly discerning in nature and seek more refined experiences, leading to rising premiumization in whiskies. Blenders Pride Reserve Collection is the hallmark of this premiumization trend, as it continues to grow much faster than the ‘Indian Premium whisky’ category as well as other brands in its price segment, as indicated in the IWSR 2022 report. Contributing more than 11% volume to Blenders Pride portfolio, it has become the destination Indian whisky brand for those seeking an elevated taste profile. This is a testament to discerning young consumers gravitating towards this delectable whisky and being willing to pay a higher price for its luxuriously indulgent taste.

A creation of over 150 years of Seagram’s unmatched craftsmanship, Blenders Pride Reserve Collection is made with the choicest reserve scotch malts, handcrafted by renowned master blender Kevin Balmforth. The scotch malts are matured in select European & American casks infusing indulgent & smooth flavors in the whisky, giving consumers a taste of the finest Indian whisky.

Speaking on this milestone, Kartik Mohindra, Chief Marketing Officer, Pernod Ricard India, said, “Blenders Pride Reserve Collection has created a new benchmark of success, becoming the 3^rd largest brand in the Indian Premium whisky category. Its impressive growth affirms that discerning Indian consumers are preferring its smooth and indulgent taste, as it increasingly becomes the brand of choice among those looking for the finest Indian whisky experience.”

He added, “India is the largest whisky market in the world, and the Premium whisky category continues to be highly aspirational. In recent years, there has been a pivotal shift in consumption trends within the category, as younger consumers look for more premium offerings. Blenders Pride Reserve Collection has been the hallmark of this premiumization trend, as the brand touches the 1 million cases mark. We are thrilled about its future and confident that it will continue to grow by catering to the evolving demands of our consumers.”

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e₹ is a digital token that is equivalent to a banknote i.e., legal tender, and is a sovereign currency backed by the RBI. Being digital, e₹ removes all the issues of handling physical cash and offers the same anonymity as a banknote. Moreover, since all e₹ transactions are done through an RBI-regulated entity, it reduces banknote-related risks such as Anti-Money Laundering, Counterfeit Currency, etc. Reliance General Insurance is enabling its customers to hedge such risks by providing e₹ as a form of digital currency transaction option thereby promoting safe financial transactions.

Elated about the launch, Mr. Rakesh Jain, CEO, of Reliance General Insurance, said, “This is an excellent achievement for us, and we are delighted to associate with YES BANK and introduce and promote e₹ payment mode in the GI industry. Being a customer-first General Insurance company, we have always drawn inspiration from the customers and developed innovative solutions and services keeping their needs, safety, and convenience at the center of our business. With this launch, we wanted to provide our customers with greater ease, higher safety, and more green payment option. Furthermore, this launch is also in line with our commitment towards fulfilling the Government of India’s vision of Digital India.”

Speaking on the occasion, Mr. Arun Agrawal, Country Head – Institutional & Government Banking, YES BANK, said, “YES BANK is pleased to partner with Reliance General Insurance in promoting Central Bank Digital Currency (CBDC), an industry first in the Insurance sector. With higher familiarization and wider adoption, we expect CBDC transactions to complement existing digital payment systems considering features such as authenticity, interoperability, and settlement finality.”

Currently, Reliance General Insurance’s physical e₹ QR code is available at their select branches for walk-in customers to scan and pay instantly. The Company plans to make it available at all branches across the country, on its website, and on the Reliance Self-i app in the next few months.

The post Reliance General Insurance to accept Central Bank Digital Currency e-Rupee (e₹) through YES BANK; Becomes a pioneer in the GI space to use e₹ as a mode of premium collection appeared first on NRI News.