Pune Business News: Amazon India, P N Gadgil Jewellers Limited, Dhanuka Agritech Limited, Bajaj Allianz General Insurance

Online e-commerce giant Amazon has announced Great Freedom Festival from 6th August until 11th August 2024. This year, customers can get exciting offers on millions of products by sellers including artisans and weavers, women entrepreneurs, start-ups, brands, and local neighborhood stores across categories such as Smartphones, Consumer Electronics, Grocery, Fashion and Beauty essentials, Home and Kitchen, Large Appliances, Televisions, and more.
Customers can avail great value offers from top brands such as POCO, Samsung, OnePlus, HP, boAT, Sony, LG, Fire TV Stick, Play Station, Havells, Wipro, Levi’s, Lakme, Cadbury, Colgate among others; as well as enjoy an additional, 10% instant off with SBI Credit card and EMI transactions. Amazon Pay also offers a range of benefits for customers, including 5% cashback on shopping with the Amazon Pay ICICI bank credit card (terms and conditions may apply), no-cost EMI options on Amazon Pay ICICI credit card.
Gold and jewelery business P N Gadgil Jewellers Limited has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO).
The Company’s initial public offering comprises a fresh issue of equity shares of face value of ₹ 10 each aggregating up to ₹ 8,500 million and an offer for sale of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million. The total offer size comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 11,000 million. The offer for sale comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million by SVG Business Trust (Promoter Selling Shareholder). The funds raised through the IPO are proposed to be utilized for the funding of expenditure towards setting-up of 12 new stores in Maharashtra, repayment or pre-payment, in full or part, of certain borrowings availed by the Company; and general corporate purposes.
ICAR-ATARI (Zone VIII) and Dhanuka Agritech recently held a Krishi Vigyan Kendra (KVK) workshop at College of Agriculture, Pune. The workshop marked a significant step forward in enhancing the transfer of new technologies to farmers through various government stakeholders and private partner, Dhanuka Agritech Limited, across the country, particularly in Zone VIII of ATARI, which includes Maharashtra, Goa, and Gujarat.
The workshop focused on the dissemination and deployment of advanced technologies in the remotest villages, aiming to revolutionize farming practices and ensure sustainable growth in the agricultural sector. This landmark event exemplified the strength and potential of public-private partnerships in driving agricultural innovation and development. By bringing together key stakeholders from both the public and private sectors, the workshop facilitated the exchange of knowledge and best practices, paving the way for increased collaboration and synergy.
Bajaj Allianz General Insurance has announced the successful processing of its first claim through the National Health Claim Exchange (NHCX) platform. This marks a significant step towards streamlining and accelerating the claims settlement process for their customers, enhancing transparency, and ensuring utmost convenience, the company said.
The National Health Claim Exchange (NHCX) platform, introduced by the National Health Authority (NHA), is designed to streamline healthcare claims by standardizing data, facilitating seamless information exchange, and bringing together all key stakeholders on a single, unified platform. The use of the Ayushman Bharat Health Account (ABHA) ID is central to this initiative, ensuring that claims are settled rapidly and with transparency. Bajaj Allianz General Insurance processed its first claim through the NHCX platform, which involved a streamlined digital workflow. First, the hospital initiated the claim, which was registered on the NHCX platform using the patient’s ABHA ID.The patient’s details were verified through the ABHA ID,
ensuring accuracy and reducing the time taken for validation. Subsequently, the hospital submitted the claim electronically, providing all necessary documents and information via the NHCX platform. Bajaj Allianz’s claims team accessed the claim details instantly through the NHCX platform, enabling a swift assessment. Upon verification, the claim was approved, and the settlement was processed digitally, resulting in a significantly faster turnaround time compared to traditional methods.