editor - The Purbottar

31 Jan

Economic Survey Hints At Relaxing Fiscal Deficit Target To Revive Growth

editor0 CommentsNorth East

The Economic Survey 2019-20 warns against a widening fiscal deficit, stating that the government may need to relax its target for the current financial year to revive growth. The Economic Survey, tabled in parliament a day before the Budget, however pegs economic growth at 5 per cent in the current financial year - lower than its estimate of 7 per cent last year - and then projects it to pick up to 6-6.5 per cent in the next financial year. In 2019, the government targeted to contain the fiscal deficit at Rs. 7.04 lakh crore - or 3.3 per cent…

31 Jan

An awareness campaign on safe insulin injection practices

editor0 CommentsHealth

Insulin therapy is often a crucial part of diabetes management. Type 2 diabetes patients ultimately require insulin therapy in the course of the disease for effective glycemic control and injection technique remains crucial in the process. To enhance awareness on safe insulin injection practices, a multi-city educational campaign was organised by BD-India with leading endocrinologists onInsulin Injection Day. Insulin Injection Day commemorates the 98th anniversary of first successful insulin administration on 11th January 1922, at Toronto General Hospital, Canada. At the conference, Prof. Debasish Maji President, Calcutta Diabetes & Endocrine Foundation & Past President, Endocrine Society of India said, “The success of insulin injection therapy and the…

31 Jan

Aditya School of Sports collaborates with Rainbow A.C.

editor0 CommentsSports

Aditya Group formally associated itself with RAINBOW AC which shall now be known as ASOS Rainbow A.C. The sixty-four year’s old football club, NBP Rainbow AC, officially collaborates with Aditya School of Sports with a new identity- ASOS Rainbow A.C. Speaking on the occasion, the Chairman of Aditya Group, Mr. Anirban Aditya said, “We are extremely proud to collaborate with this outstanding sporting unit and welcome all to Aditya Sansar.” The formal association announced at the Calcutta Sports Journalists Association Tent was also attended by Ankit Aditya, former International footballer Debjit Ghos and officials of RAINBOW AC Aditya Group has always focused on…

30 Jan

Common Facility Center to enhance the productivity of small gem and Jewellery units

editor0 CommentsBusiness

Ground-breaking ceremony of Common Facility Centre (CFC) at Bow Bazar in Kolkata was held today in the presence of Smt. Rupa Dutta (Economic Advisor, Ministry of Commerce & Industry, Government of India), Shri Senthil Nathan (Deputy Secretary, Ministry of Commerce & Industry, Government of India), Shri Pramod Agrawal, Chairman, GJEPC; Shri Prakash Pincha, Regional Chairman, Kolkata, GJEPC, along with others. GJEPC is setting up a Common Facility Center at Bow Bazar with a view to enhance the productivity and quality of products, especially the small gem and Jewellery units set in Bow Bazar and its surrounding areas. GJEPC with the support of the Ministry of Commerce and…

30 Jan

OYO’s Corporate Channel etches strong growth trajectory; Records 80% y-o-y increase in revenue

editor0 CommentsBusiness

OYO Hotels & Homes, the world’s leading chain of hotels, homes, and spaces has witnessed a strong growth trajectory in its corporate bookings. The company’s corporate channel witnessed an 80% increase in revenue on a y-o-y basis. Today, OYO’s corporate channel contributes to over 30% of the hospitality company’s total revenues and it counts Utkarsh Small Finance, Think & Learn (P) Ltd. (BYJU’S) and Extramarks Education among its 8,400+ clients. This remarkable growth further reiterates OYO’s commitment to scaling up its engagement in the corporate travel segment. With over 8400 active corporate accounts, OYO caters to the travel needs of…

30 Jan

Start-Ups That Burn Investor Money, Disappear Won’t Get Second Chance: Ratan Tata

editor0 CommentsNorth East

Industrialist Ratan Tata on Tuesday warned that start-ups which burn investors' money and disappear will not get a second or a third chance.Mr Tata, who also invests in start-ups, also said old-age businesses will recede and the young founders of innovative companies are the future leaders of the Indian industry.The comments from Mr Tata come at a time when many start-ups have been blamed for what is termed as "cash burn", wherein the optimism of making money in the future makes venture funds to invest in such companies, and the companies keep incurring losses. At its peak, e-commerce major Flipkart…

30 Jan

Maruti Suzuki Profit Rises 5% To Rs 1,565 Crore In December Quarter; Misses Estimates

editor0 CommentsNorth East

Maruti Suzuki, the country's largest car maker, on Tuesday reported that its net profit rose 5 per cent year-on-year to Rs 1,565 crore in the quarter ended December 2019. The profit primarily came on account of cost reduction efforts, lower commodity prices and improved capacity utilization, Maruti Suzuki said in a press release. However, higher sales promotion expenses and lower fair value gain on invested surplus capped the profitability. Analysts on average had expected the country's largest car maker to report a profit of Rs 1,647 crore, according to Refinitiv data, news agency Reuters reported.

29 Jan

Divine Solitaires’ exciting solitaire offer

editor0 CommentsBusiness

Divine Solitaires is pleased to announce the launch ofits exciting solitaire jewellery exhibition at the reputed Mahabir Danwar Jewellers store inSalt Lake, Kolkata. The Buy One Get Two solitaire jewellery exhibition which will commence on 30th January, 2020 will go up to 3rd February, 2020. Mr Jignesh Mehta, Founder & Managing Director, Divine Solitaires,Mr Arvind Soni, Director, Mahabir Danwar Jewellers and Mr Sandeep Soni, Director, Mahabir DanwarJewellers, interacted with the press at the event. Since its inception in 2006, Divine Solitaires has been the first solitaire brand in India to specialise in loose solitaires and solitaire jewellery. The brand has…

29 Jan

Nirbhaya Fund to be used for sensitization programmes

editor0 CommentsNorth East

A recent report suggested that money from the Nirbhaya Fund has hardly been utilised in several states. After witnessing the horrifying gangrape and murder of a woman veterinarian in Telangana, States have decide to implement more women safety measures, one of which is conducting sex education an sensitization programmes in schools. Another incident that surfaced was the whatsapp messages circulated among boys of an elite school in Mumbai where terms like, “gangbang”, “homophobia” was used and women were termed “trash”. Dr Srishti Saha, Consultant Clinical Psychologist at Fortis Hospital Anandapur explains why sex education and gender sensitization among youth is…

28 Jan

Nissan to launch an all-New, Technology-rich and Stylish SUV in 2020

editor0 CommentsBusiness

Nissan will launch its first made for India Compact SUV on the philosophy of “Make in India, Make for the World”. Building on Nissan’s global SUV heritage and advanced technology, the New Compact SUV is designed for tomorrow’s journey as a feature-rich premium offering with stylish design for a strong and dynamic road presence. Nissan’s new SUV features the latest technology as a part of Nissan Intelligent Mobility, the company’s vision as to how vehicles are powered, driven and integrated into society. The Compact SUV is a testimony to Nissan’s Global SUV DNA spirit of relentless innovation and Japanese engineering, building on Nissan’s iconic…