Business - The Purbottar

16 Dec

NSDC signs MoU with Juspay to enhance payment infrastructure and solutions for skill development

Business BureauBusiness

National Skill Development Corporation (NSDC) has signed a Memorandum of Understanding (MoU) with Juspay Technologies, a leading payments technology provider, to enhance payment infrastructure and solutions for skill development initiatives across India. The MoU was signed today at NSDC’s headquarters by Shreshtha Gupta, CTO NSDC, and Ishan Sharma, Head, Business at Juspay, in the presence of Ved Mani Tiwari, CEO NSDC and MD NSDC International, Rajesh Swaika, CFO NSDC, and Malyada Goverdhan, Head - B2G Partnerships, Juspay. As per the MoU, Juspay will provide a robust and scalable payment orchestration platform tailored to the needs of NSDC, enabling seamless transactions across…

16 Dec

UPI transactions rise to Rs 223 lakh crore in Jan-Nov

editorBusiness, News

UPI achieved 15,547 crore transactions worth Rs 223 lakh crore this year, transforming India's financial landscape. It is now being accepted in seven countries, furthering financial inclusion and access to digital payments. The Unified Payments Interface (UPI) has achieved 15,547 crore transactions worth Rs 223 lakh crore from January to November this year, 'reflecting its transformational impact on financial transactions' in India, the Finance Ministry said on Saturday. The Finance Ministry also said that UPI is now accepted in seven countries, including France, UAE, Singapore, Sri Lanka, Mauritius, Bhutan and Nepal. The UPI system provides a cheaper and faster alternative…

14 Dec

Gold, silver prices lapse as jewellers sell off

editorBusiness, News

New Delhi: Gold and silver prices fell in the national capital on Friday, with the precious metal sliding below the Rs 80,000 mark amid heavy selling by jewellers and stockists, according to the All India Sarafa Association. Besides, traders said a weak trend in international markets also put heavy pressure on bullion prices. The precious metal of 99.9 per cent purity fell by Rs 1,400 to Rs 79,500 per 10 gram. It had closed at Rs 80,900 per 10 gram in the previous session. Silver fell by Rs 4,200 to Rs 92,800 per kg, its biggest fall in the month…

14 Dec

Aadhar Housing Finance to boost homeownership in Kolkata with PMAY-U 2.0 initiative

Business BureauBusiness

Aadhar Housing Finance Ltd. is taking significant steps to make homeownership more accessible for Kolkata residents through the PradhanMantriAwasYojana – Urban 2.0 (PMAY-U 2.0). The company is organizing a "PMAY Utsav& Spot Sanction Camp" from December 12th to 15th, 2024, at their branch office in Kolkata, aimed at providing seamless access to home loans under the government’s affordable housing initiative. This camp is expected to benefit not only Kolkata residents but also people from nearby cities such as Barackpore, Asansol, Durgapur, and Burdwan. Aadhar Housing Finance, which has a strong presence in Eastern India with 15 branches, is dedicated to…

14 Dec

Alipurduar district announces the end of the Cataract Blindness Backlog

Business BureauBusiness

In a landmark achievement, Alipurduar district of West Bengal has been declared Cataract Blindness Backlog Free, an accomplishment made possible through the steadfast collaboration of Sightsavers India and the Alipurduar District Health and Family Welfare Department. This declaration is a landmark in our active contribution towards eliminating avoidable blindness, setting a new benchmark in public health. The event was presided over by the Honourable Additional District Magistrate of Development Alipurduar, Shri Gorai; Chief Medical Officer of Health, Alipurduar, Dr. Sumit Ganguly; District Inspector of School, Shri A Karim; and Mr. RN Mohanty, CEO of Sightsavers India. The district's blindness prevalence…

14 Dec

Nissan announces key senior management appointments for strategic turnaround

Business BureauBusiness

Nissan Motor Co., Ltd. has annonced a series of senior management appointments as part of its ongoing efforts to restructure and strengthen the company’s operations. Effective January 1, the changes aim to address current challenges and streamline operations for greater efficiency and resilience. Stephen Ma, Nissan’s current Chief Financial Officer (CFO), will assume the role of Chairperson for the Management Committee of China. With deep knowledge of the Chinese market, Ma will drive the region's strategy and enhance local operations. JeremiePapin, previously Chairperson for the Americas, has been appointed as CFO, bringing extensive experience in finance and strategy. Christian Meunier…

14 Dec

Mahindra launches CEV-V range of construction equipment at BAUMA CONEXPO Delhi

Business BureauBusiness

Mahindra Construction Equipment (MCE), part of the Mahindra Group, launched its cutting-edge CEV-V range of construction equipment at BAUMA CONEXPO 2024, marking a significant step forward in the construction sector. The new range, including the RoadMaster G100 motor grader and EarthMaster SX &SXe backhoe loaders, meets the latest CEV5 emission standards, emphasizing performance, efficiency, and sustainability. The products were showcased at Mahindra's pavilion at the India Expo Centre, alongside their extensive lineup of BSV equipment such as the BLAZO X tipper trucks and FURIO fuel bowser trucks. Dr. Venkat Srinivas, Business Head at Mahindra, highlighted the company's focus on innovation…

14 Dec

IMTEX 2025 to set new standards in Bengaluru, attracts global manufacturing giants

Business BureauBusiness, North East

The Indian Machine Tool Manufacturers’ Association (IMTMA) is gearing up to host IMTEX 2025, one of the largest machine tool and manufacturing technology exhibitions in the country. Scheduled from January 23 to 29, 2025, at the Bangalore International Exhibition Centre (BIEC), the event promises to break new ground with over 1,100 exhibitors from more than 20 countries showcasing cutting-edge innovations in CNC machining, automation, robotics, additive manufacturing, and more. The exhibition will span 90,000 square meters, attracting over 100,000 business visitors and 2,000+ trade delegations. IMTEX 2025 will also feature concurrent events like Tooltech and Digital Manufacturing, emphasizing futuristic technologies…

14 Dec

Shopsy’s End of Season Sale: A game-changer for budgetfashion in Kolkata and beyond

Business BureauBusiness

Shopsy, India’s rapidly growing hyper-value platform, is creating a buzz in the retail sector with its highly anticipated ‘End of Season Sale’ (EOSS), offering over 50 lakh fashion products under ₹149. Running from December 7 to 15, 2024, the sale provides a massive variety of stylish options, ranging from apparel and ethnic wear to footwear and home décor, all at unbeatable prices. This event is set to be the largest fashion sale of the year, designed for value-conscious consumers across India. Prathyusha Agarwal, Business Head of Shopsy, explains, “Fashion isn’t just about trends—it’s an extension of who we are. Our…

13 Dec

Vodafone Idea share price increase 5% from intraday low; can it rise further?

editorBusiness, News

Vodafone Idea share price witnessed a sharp surge during intraday trading on Friday, December 13, rising as much as 5 per cent from an intraday low of ₹7.68 despite a volatile market environment. Vodafone Idea share price opened at ₹7.83 against its previous close of ₹7.87 and fell over 2 per cent to hit ₹7.68 levels. However, the telecom stock recovered sharply and touched ₹8.07 levels. Around 1 pm, the stock was trading 2.4 per cent higher at ₹8.06. Vodafone Idea NewsVodafone Idea shares surged after the company revealed details of an investor presentation that highlighted four key strategies for…