Blog – Page 1442 – The Purbottar

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

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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…

27 Jan

Current Situation Of Air India Is Very Fragile, Says Civil Aviation Minister

editor0 CommentsNorth East

Civil Aviation Minister Hardeep Singh Puri, addressing the media on Monday, described the current situation of the national carrier as “very fragile”. The government had earlier released the preliminary information memorandum (PIM) for seeking expression of interest for strategic disinvestment of Air India. Mr Puri added that Air India is under a debt trap due to accumulated debt of around Rs 60,000 crore.After failing to sell majority stake in Air India in 2018, the government has worked on critical areas this time around to make the disinvestment bid more attractive to the prospective bidder, Mr Puri said.

27 Jan

Sensex Plunges 458 points, Nifty Closes Below 12,150; Bank, Metal Stocks Weigh

editor0 CommentsNorth East

The S&P BSE Sensex and NSE Nifty 50 indices lost more than 1 per cent, weighed down by weakness in banking, metal and financial services shares. The Sensex ended at 41155, weaker by 458 points or 1.1 per cent and the NSE Nifty 50 ended at 12,119, down 129 points or 1 per cent.Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Japan's Nikkei 225 fell nearly 2 per cent in early trade on Monday. Contracts on the S&P 500 Index…

27 Jan

1 Lakh Tons Of Dutch-Made Tata Steel Exempt From US Tariffs

editor0 CommentsNorth East

A US tariff on laminated steel used in packaging will not apply to Tata Steel products manufactured in the Netherlands, the Dutch foreign trade minister said on Monday.Sigrid Kaag told reporters that the US had agreed the products would be exempt from a 25 per cent tariff announced by the administration of President Donald Trump in June 2018, saving consumers and the company up to 100 million euros annually in tariff costs."The import tariffs on laminated steel have been retracted and that's wonderful news for Tata Steel," Kaag told reporters in The Hague. "It's good for us, and good for…

27 Jan

Ladybird brand of hygiene products sets sights on overseas markets

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Kolkata-based L B HYGIENE CARE Pvt Ltd has launched a slew of Ladybird brand of personal hygiene and healthcare products in the market and is set to expand its product basket. L B HYGIENE CARE was incorporated in 2019 as manufacturing unit for import, packaging and distribution of different types of personal hygiene and healthcare products. In the past one year, the company has gradually introduced in the market - sanitary napkins, baby diapers, adult diapers and under pads to make a foray into the hygiene and healthcare market segment under the Ladybird brand. “L B HYGIENE CARE Private Limited…

26 Jan

India’s Military Might On Display At Grand Republic Day Parade

editor0 CommentsNorth East

India celebrated its 71st Republic Day today with a 90-minute display of military might, cultural diversity and socio-economic progress. The armed forces took centre-stage parading an array of weapons, the Defence Reserch Organisation put up a display of state-of-the-art technology and the 22 tableaux held a spectacular display of colours, art and lifestyle. Brazil President Jair Bolsonaro was the Chief Guest. The ceremony started with Prime Minister Narendra Modi, in a first, visiting the National War Memorial instead of the Amar Jawan Jyoti, where he paid tributes to soldiers who died fighting for the country. The nation's armed forces took…

26 Jan

Western Union and Airtel Payments Bank Real-Time International Remittances to India

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Western Union, a leader in cross-border, cross-currency money movement and payments, and Airtel Payments Bank, a subsidiary of India’s largest integrated telco - Bharti Airtel, today announced a collaboration enabling millions of Airtel Payments Bank customers in India to receive international remittances in their bank accounts. Airtel Payments Bank customers can soon direct Western Union money transfers into their bank accounts through the banking section of the Airtel Thanks App in real-time1. These transfers will be available for withdrawal at any of the over 500,000 banking points of Airtel Payments Bank. Western Union’s collaboration with Airtel Payments Bank offers another channel for swift transfer of cross-border remittances into India, the world’s…