Blog - The Purbottar

24 Feb

Pay Hikes In India To Fall To Decade Low In 2020

editor0 CommentsBusiness

A new survey report on Tuesday said that India will see the lowest salary increase in a decade this year and even the real estate and transport sector -- the top national job generators -- will witness lowest pay hikes in 2020.The sharpest drop in pay hikes was projected in the auto sector, reflecting its stress; e-commerce sector was seen giving a double-digit pay hike -- among the highest across 20 sectors -- surveyed by on Plc, a human resource consultancy firm ."The vehicle manufacturing industry reported the biggest drop, from 10.1 per cent in 2018 to 8.3 per cent…

24 Feb

Sensex, Nifty End At Two-Week Lows; Telecom Stocks Plunge

editor0 CommentsBusiness

The S&P BSE Sensex and NSE Nifty 50 indexes fell for fourth day in a row to close at lowest level in two weeks on Tuesday weighed down by weakness in HDFC, Reliance Industries, Bharti Airtel, IndusInd Bank and Maruti Suzuki. Telecom shares were among the worst hit in trade a day after telecom firms Bharti Airtel and Vodafone Idea partly paid the adjusted gross revenue dues as directed by the Supreme Court. The Sensex fell as much as 445 points to hit an intraday low of 40,610.95 and the NSE Nifty 50 index broke its psychological important level of…

24 Feb

Lonely Planet: Bhutan the best country to visit in 2020

editor0 CommentsEntertainment, Lifestyle, Sikkim, Travel

THIMPHU: Bhutan is named the best country to visit in 2020, above England and North Macedonia, in the Lonely Planet’s travel guide book, “Best in Travel 2020.” Lonely Planet is an international travel guide book publisher. Best in Travel is Lonely Planet’s annual publication highlighting the top 10 countries, cities, regions and best value destinations. The country’s low impact tourism policy, its rich culture and tradition, and sustainable practices are the reasons why Bhutan hit the publisher’s top list. When it comes to sustainability, being the first carbon-negative country in the world, the country leads the pack, according to Lonely…

22 Feb

After Amazon, Walmart’s Flipkart Challenges Antitrust Probe

editor0 CommentsNorth East

Walmart's Flipkart has filed a legal challenge against an antitrust investigation ordered against the company in India, a court filing seen by Reuters showed, following a similar petition by its rival Amazon.com Inc.The Competition Commission of India (CCI) in January ordered a probe into alleged violations of competition law and certain discounting practices by the two e-commerce giants, but a state court put the investigation on hold last week following a challenge by Amazon.Flipkart's legal filing was aimed at signalling the company is aggrieved by the CCI's probe order, a person familiar with the matter said.

22 Feb

Bharti Airtel To Make Balance Payment To Government Expeditiously

editor0 CommentsNorth East

Sunil Bharti Mittal, founder and chairman of Bharti Airtel, on Thursday said that adjusted gross revenue (AGR) issue is an unprecedented crisis for the telecom industry. Mr Mittal's comments came after he met telecom minister Ravi Shankar Prasad to give an overall view of the industry."Committed to complying with the Supreme Court order on adjusted gross revenue (AGR), and Bharti Airtel will make the balance payment expeditiously," Mr Mittal told reporters.Mr Mittal also said that the telecom industry is heavily taxed and suggested cut in taxes and levies for the sector.

22 Feb

France’s ADP Buys 49% Of GMR Airports For $1.45 Billion

editor0 CommentsNorth East

French airports operator ADP, which operates Paris airports Roissy and Orly, has bought a 49 per cent stake in GMR Airports for 1.34 billion euros ($1.45 billion), ADP said on Thursday. GMR Airports has a portfolio of seven airports in three countries: India, the Philippines and Greece. ADP said the Delhi and Hyderabad airports in India and the Mactan-Cebu airport in the Philippines together handled a total of 102 million passengers in 2019.The four other airports, which had 22 million passengers in 2019, are either under development (Goa and Heraklion) or were recently won by GMR after a bidding process…

22 Feb

Vedic Mathematics make Maths simple, fun and interesting

editor0 CommentsNorth East

The Kolkata based Vedic Maths Forum India announces its partnership with Directorate of Education, U.T Administration of Dadra and Nagar Haveli and Daman and Diu to teach over 10,000 students of standard IX of the Government Schools in Vedic Mathematics over a period of a month.Children studying in the Government Schools in the Union Territory and the department of education struggle with Mathematics a lot. They find basic mathematical calculations like addition, subtraction, multiplication tables very difficult as most of the students are first generation going to schools without any support from their parents at home.The children suffer from Maths…

21 Feb

Budget 2020: Impact on the Indian economy

editor0 CommentsBusiness

Calcutta Chamber of Commerce take on union budget 2020 2021and its impact on economy.The guest of honor present was Shri Sumit Dutt Majumder Shri Gaurav Swarup CA Dipankar Chatterjee Shri Saurabh Kedia and Shri Rajeev Maheshwari . The main point of discussion were the whole excise is an opportunity for the government to unfold the economic policies for sustainable growth of economy. The budget has foccused on the ease of living when it is talked about . It has focussed on startup scheme , msme sector as well as on the new economy that focuses om Al quamtam technology alongwith…

20 Feb

Increase in the number of students applied COMEDK- Uni-GAUGE exam from Kolkata

editor0 CommentsNorth Bengal

COMED-K UGET and Uni-GAUGE entrance examination will be held on May 10, 2020,as a combined examination. COMEDK UGET Exam will be for admissions to B.E/B. Tech, for colleges affiliated to the Karnataka Professional Colleges Foundation Trust. Uni-GAUGE is the exam for admissions to B.E/B.Tech courses at leading and reputed deemed/private universities and institutions across India. The exam will be conducted online at over 158 cities and 400 test centres across India. COMEDK- Uni-GAUGE caters to 100,000 students, 190 institutions and 31 Universities accepting scores, thereby making it the second-largest multi-university private engineering exam in India.There was an increase in the…

19 Feb

EESL signs MoU with BSNL to install 1000 public charging stations across India

editor0 CommentsBusiness

Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with Bharat Sanchar Nigam Limited (BSNL), an Indian state-owned telecommunications company for the installation of public charging stations to boost e-mobility adoption across India. Under the partnership, EESL will set up public charging stations in 1000 BSNL sites in a phased manner on a pan India basis. EESL will make the entire upfront investment on the services pertaining to the MoU, along with the operation and maintenance of the charging infrastructure by using qualified personnel.…