Blog - The Purbottar

24 Jan

Flipkart teams up with ITI Kalyani to strengthen supply chain workforce

Business BureauBusiness

Flipkart, a leading player in India’s e-commerce sector, has partnered with the Industrial Training Institute (ITI) Kalyani, West Bengal, to establish a Center of Excellence (CoE) lab under its Supply Chain Operations Academy (SCOA). The initiative, outlined in a Memorandum of Agreement (MoA), aims to equip youth with industry-relevant skills for supply chain operations, addressing the growing demand in the e-commerce ecosystem. The CoE lab will provide free training, certifications, and a 45-day On-The-Job-Training (OJT) or Industry Exposure (IE) program at Flipkart facilities. SCOA’s curriculum covers key roles, including Picker, Putter, Packer, and Data Entry Operator. In 2024 alone, SCOA…

24 Jan

Prior to Dibrugarh’s Republic Day festivities, security was increased

Banasree SarkarAssamRepublic Day

Dibrugarh has increased security in anticipation of Republic Day. Every security agency is on high alert and making sure everything is in order for Republic Day to be celebrated in a calm and orderly manner. Rakesh Reddy, the superintendent of police for Dibrugarh, said, "We are ready for the Republic Day celebration. At the Dibrugarh district's entry and departure points, there have been night patrols and round-the-clock naka checks. Our police team is working with all security forces and agencies to prevent any potential disaster." In the meantime, the police are clearing out abandoned cars from marketplaces, bus stations, national…

24 Jan

Flipkart and APFBC join hands to empower Assam’s entrepreneurs through e-commerce

Business BureauBusiness

Flipkart, in collaboration with the Assam Project on Forests & Biodiversity Conservation (APFBC), hosted an orientation workshop focused on empowering self-help groups (SHGs) and cluster level federations (CLFs). The event, held at Aranya Bhawan, introduced participants to Flipkart’s 'Samarth' program, which aims to provide entrepreneurs with digital tools and PAN-India market access. Attendees, including artisans and weavers, gained insights on product listing and online business strategies. The workshop emphasized training and logistics support for sellers. Mr. Rajneesh Kumar, Chief Corporate Affairs Officer of Flipkart, highlighted the initiative's goal to foster economic opportunities and digital inclusivity for underserved communities. Launched in…

24 Jan

“Assam set to become India’s next powerhouse”: Himanta Biswa Sarma

Deep EditorAssam

Assam Chief Minister Himanta Biswa Sarma, who is attending the second edition of the business summit Advantage Assam in Japan, said that the state is set to become India's next powerhouse. The Assam CM, who met over 80 business leaders, mentioned that Assam's target is to take the state gross state domestic product (GSDP) to USD 143 billion by 2030. He also stated that the state has received the "highest ever" investment of USD 4 billion in 2024. "During my interaction with over 80 business leaders, I conveyed our target to take Assam's GSDP to USD 143 billion by 2030,"…

24 Jan

Sikkim’s Tsomgo Lake gets 50,000 new trees for sustainability

Sonakshi SarkarSikkim

plantation drive has been launched around Sikkim’s iconic Tsomgo Lake. Spearheaded by Grow-Trees.com, the initiative aims to plant 50,000 more trees, raising the total to two lakh.Tsomgo Lake, a glacial marvel in the Himalayas, recorded an unprecedented 2,628 visitors in a single day in 2024. While tourism bolsters the local economy, it also heightens pollution and habitat degradation.“Tourism, while beneficial, poses risks to fragile ecosystems,” said Pradip Shah, co-founder of Grow-Trees.com. “Our efforts focus on increasing green cover to promote sustainable tourism.” The project emphasizes planting resilient native species like Rhododendron and Silver Fir, suited to the Himalayan climate. Local…

24 Jan

Indus Towers shares surge on rose in Q3 earnings, Citi expects 32% surge

Priyanka RoyBusiness, News

Shares of telecom company Indus Towers rose two percent in the morning session on January 24 after the company reported better-than-expected earnings for the quarter ended December (Q3) of the current financial year (FY25). Indus Towers reported a consolidated net profit of Rs 4,003 crore for the quarter, registering a growth of 159.9 percent from Rs 1,541 crore in the corresponding quarter of the previous fiscal, led by significant collection of dues from Vodafone Idea and strong tower additions. The company saw its revenue from operations grow by 4.8 per cent to Rs 7,547 crore from Rs 7,199 crore in…

23 Jan

Ujjivan Small Finance Bank Q3 results: Rise in provisions leads to 64% drop in profit

Priyanka RoyBusiness, News

Ujjivan Small Finance Bank Ltd reported a 64% year-on-year drop in its profit during the three months ended December to Rs 109 crore due to a rise in provisions. Sequentially, the bank's profit declined 53%.The bank's provisions and contingencies rose to Rs 223 crore, up sharply from Rs 63 crore a year ago. A marginal rise in net interest income also capped the small finance bank's net interest income at Rs 887 crore, up 3% year-on-year. As a result, net interest margin fell to 8.6% in the October-December period from 9.2% a quarter ago and 8.8% a year ago. The…

23 Jan

Highlights include Manchester City’s Kyle Walker to leave the club

Deep EditorSports

talkSPORT has provided the latest updates on Premier League football transfers and news. Key highlights include Manchester City's signing of Vitor Reis from Palmeiras, while Kyle Walker is expected to leave the club. Brentford rejected a £22 million offer from Nottingham Forest for their striker Yoane Wissa. Additionally, agents for Alejandro Garnacho were seen at Stamford Bridge due to Chelsea's interest in the Manchester United starlet. West Ham agreed on a deal for a Dutch teenager, and Arsenal inquired about Sesko.

23 Jan

Ratcliffe’s move includes raising ticket prices despite the club’s ongoing struggles

Deep EditorSports

Jim Ratcliffe, co-owner of Manchester United, has implemented cost-cutting measures including a 27.7% pay cut for club ambassadors, affecting former players like Denis Irwin, Bryan Robson, and Andy Cole. Legends who earn up to £200,000 annually are among those impacted, following a £113 million loss last year. The cost-cutting efforts have already resulted in the elimination of 250 non-playing roles and Sir Alex Ferguson being axed from his £2 million-a-year ambassador role. Ratcliffe's measures include raising ticket prices despite the club's ongoing struggles, with the team currently in the lower half of the Premier League. New boss Ruben Amorim criticized…

23 Jan

Assam ITI Ecosystem Summit focuses on future-ready and green skills for youth

Business BureauBusiness

The Future Right Skills Network (FRSN), in partnership with the Directorate of Employment and Training, Assam, successfully hosted the ITI Ecosystem Summit in Guwahati, bringing together industry leaders, policymakers, and learners to discuss the future of skill development. The event, held at NEDFi House, emphasized the need to equip Assam’s Industrial Training Institutes (ITIs) with future-ready and green skills to prepare the youth for the rapidly evolving job market. The summit aimed to address the growing demand for skilled labor in sectors such as renewable energy, digital technology, and green construction. With sustainability and AI driving industrial change, the event…