editor - The Purbottar

15 Feb

Will Pay AGR Dues, Business Continuation Depends On Supreme Court Order: Vodafone Idea

editor0 CommentsNorth East

Debt-ridden telecom operator Vodafone Idea said on Saturday that it is assessing the amount that can be paid towards Adjusted Gross Revenue (AGR) dues, even as it flagged concerns over the continuation of its business. The company said it is in the process to pay adjusted gross revenue dues as per the Supreme Court order.However, the continuation of business in India will depend on a favourable order on its modification plea filed before the apex court, it added."The company is currently assessing the amount that it will be able to pay to DoT towards the dues calculated based on AGR…

15 Feb

Leading online fantasy cricket gaming platformFanFight expects to garner 10 million subscribers by the end of IPL season 2020

editor0 CommentsNorth East

FanFight, one of India’s leading online fantasy cricket gaming platform is confident of achieving the magic figure of 10 million subscribers by the end of the upcoming IPL season. The IPL heat has started with less than two months to go for 13th edition of the Indian Premier League (IPL). IPL is celebrated in India like a festival and it is equally prominent and a major event for FanFight. FanFight’s association with major OTT platforms like ‘Hotstar’ during IPL has been a trendsetting experience, which has helped the company to grow Multifold. The company has grown from 1 million subscribers…

14 Feb

Centre Willing To Look Beyond Budget To Bolster Growth

editor0 CommentsNorth East

Finance Minister Nirmala Sitharaman on Friday said that she is open to more tweaking inside and outside the Budget for economic growth based on the feedback given by economists and experts."If more has to be done beyond the Budget 2020, we are willing to do that. I am open to take steps beyond it. We are open to hearing from all of you so that as and when tweakings have to happen or more has to be done beyond the Budget, we are willing to do that, the Finance Minister said in a panel discussion.Participating in an interactive session on…

14 Feb

Wholesale Inflation Worsens To 3.1% In January Amid Economic Slowdown

editor0 CommentsNorth East

Wholesale inflation worsened to 3.1 per cent in January from 2.59 per cent in the previous month, government data showed on Friday. The release of official data on wholesale inflation - or the rate of increase in wholesale prices - comes at a time when the economy is staring at the worst pace of annual expansion in more than 11 years, and the central bank has paused further monetary easing after reducing the key rates by 135 basis points (1.35 percentage point) last year.The build-up inflation rate came in at 2.50 per cent so far this financial year, as against…

14 Feb

President Donald Trump To Woo Indian Executives During New Delhi Visit

editor0 CommentsNorth East

US President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month.‌Executives of some of the companies expected to attend the meeting include Reliance Industries, diversified group Tata Sons and auto sector companies such as Bharat Forge, Mahindra and Mahindra and Motherson Sumi, industry and business sources told Reuters.President Trump is scheduled to make his first visit as president to India on February 24-25 during which he will travel to Prime Minister Narendra Modi's home state of Gujarat followed by…

14 Feb

A Peek Into The Lives Of Indian Street Dogs

editor0 CommentsNorth East

Bhalo theko is a short film starring Indian pariah dogs. It is directed by Saswati Bandyopadhyay and produced by Mise En Scene. It is created with original score by Prajna Dutta. "Being a documentary short film maker, I always feel that film is a better media to reach a larger section at a time. It's an appeal to our race to be empathetic to every lives of this planet. To aware Indian dog haters who are not compassionate of their own breeds, whichis no longer acceptable", says Saswati Bandyopadhyay, the director. Mr. Jesse Alk, being an ardent pariah dog lover…

12 Feb

Hero MotoCorp forays into connected mobility ‘Hero Connect’

editor0 CommentsBusiness

Reiterating its commitment to customer centric technology, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has introduced ‘Hero Connect’, a cloud-based solution bringingsmart riding experience for customers. Hero Connect, the new-age app for the new era of connected mobility, will be offered across segments with initial readiness in four models, including XPulse 200, Pleasure+, Passion XPRO and HF Deluxe.Offering security and safety through features like Live Tracking,Topple Alerts, Tow Away Alert, Geo Fence Alert, Speed Alert, etc; Hero Connect ensures safety when on the move or while parked.Driving insights based on the riders’ behavioural patterns is another core feature of…

12 Feb

Over 6.5 million (65 lakh) guests booked an OYO in January 2020

editor0 CommentsBusiness

OYO Hotels & Homes, a young hotel startup & the world’s leading chain of hotels, homes, and spaces, announced today that it has hosted 6.5 million guests in January 2020 alone in India. The company continues to deliver on its promise of doubling down efforts in providing enhanced customer experience as part of its 2020 priorities. Following improved communications and process changes, the company has also earned back the trust of over 100 asset owners across the country who have rejoined the OYO family in January. Witnessing a strong start to the year, OYO’s franchise hotels business has also maintained…

11 Feb

Economic Growth Set To Bounce Back As Slump Bottoms Out: Sanjeev Sanyal

editor0 CommentsNorth East

The economic growth is poised to bounce back after slipping to a more than six-year low of 4.5 per cent in the July-September quarter as the government has taken measures to prop up investments and consumer demand, a top government adviser said."Corporate tax reductions, the Insolvency and Bankruptcy Code and the banking sector reforms have helped and will help propel growth further," Sanjeev Sanyal, principal economic adviser at the finance ministry, told Reuters.The Insolvency and Bankruptcy Code, introduced in May 2016, has helped banks to recover billions of dollars stuck in outstanding corporate loans and offer loans to new borrowers.

11 Feb

RBI Releases Draft Framework For New Payment System

editor0 CommentsNorth East

The Reserve Bank of India (RBI) on Monday published draft framework for authorisation of a new pan-India umbrella organisation for retail payment systems.The central bank has invited comments on the draft framework from all stakeholders by February 25.At present, National Payments Corporation of India (NPCI) is an umbrella organisation for retail payments systems.