Business - The Purbottar

23 Nov

Bajaj Allianz marks International Fraud Awareness Week 2024 with call to tackle insurance fraud

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Bajaj Allianz General Insurance, led by its Chief of HR, ILM & Administration, Vikramjeet Singh, has joined global efforts to mark International Fraud Awareness Week 2024, highlighting the urgent need to combat insurance fraud. The company emphasized that fraud not only undermines trust but also inflates premiums and impacts genuine claim settlements. The insurance sector, integral to industries like healthcare, infrastructure, and agriculture, is hindered by fraudulent practices, costing crores annually. Common fraud types include staged accidents, phantom billing by healthcare providers, fake policies sold by fraudsters, and inflated claims for non-existent damage. Such activities erode consumer confidence and hinder…

23 Nov

SOTC Travel launches regional film campaign celebrating India’s diversity

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SOTC Travel has unveiled a new campaign featuring six films in key regional languages to mark its 75th anniversary. Emphasizing its positioning, "No one understands the Indian Traveller better than SOTC," the campaign celebrates India's cultural richness and aims to connect with modern Indian travelers through compelling narratives. The Bengali film highlights a family balancing passions: the father’s love for football with dreams of visiting iconic UK stadiums and the mother’s desire to explore top tourist destinations. Together, they turn to SOTC as their trusted travel partner, echoing the brand’s reputation as India’s favorite.With targeted regional holiday offerings, SOTC caters…

23 Nov

Super.money launches SuperFD, offers 9.5% interest on FDs via UPI

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Fintech pioneer super.money has introduced SuperFD, a groundbreaking fixed deposit (FD) product that integrates UPI for a seamless and fully digital investment experience. Users can book FDs starting at just ₹1,000 with interest rates as high as 9.5%, in partnership with leading small finance banks approved by the RBI. The fully digital onboarding process takes under two minutes and includes features like paperless eKYC and optional video KYC. All deposits are insured up to ₹5,00,000 by the Deposit Insurance and Credit Guarantee Corporation (DICGC). “SuperFD is designed for the digital-first, financially-savvy generation. It simplifies savings and investment while offering high…

23 Nov

Bhairav Ashtami Festival 2024 sets two world records

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The 9-day Bhairav Ashtami Festival, guided by National Saint Dr. Vasant Vijay Ji Maharaj, Peethadhishwar of Parshva Padmavati Shakti Peeth Dham, Krishngiri, Tamil Nadu, has achieved global recognition with two extraordinary world records. The festival’s highlight was the offering of 2024 types of sweets to Lord Bhairav, a feat that will be recorded by 50 renowned organizations worldwide. Additionally, a colossal 84,000 sq. ft. Rangoli, showcasing India’s cultural heritage and honoring spiritual leaders, marked another milestone. Dr. Vasant Vijay Ji Maharaj emphasized the event’s spiritual significance, stating, “Through this celebration, we seek Lord Bhairav’s blessings to shield India from economic…

22 Nov

Oil prices rise, headed for weekly increase on Russia-Ukraine tensions

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Oil prices rose in Asian trade on Friday as traders placed a higher risk premium on crude oil amid growing concerns over Russia and Ukraine, capping a positive week. Supply disruptions in Norway and a brief drop in the dollar also supported oil prices early in the week, along with reports that the Organization of Petroleum Exporting Countries and allies (OPEC+) were likely to postpone planned production increases. The increased risk premium helped oil weather a bigger-than-expected rise in U.S. stockpiles. Brent oil futures for January expiration rose 0.4% to $74.54 a barrel, while West Texas Intermediate crude futures rose…

21 Nov

Almonds may improve post-exercise recovery, new study finds

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Regular consumption of almonds may enhance post-exercise recovery, reducing muscle soreness and damage while improving performance, according to a recent study published in Current Developments in Nutrition. Funded by the Almond Board of California, the study highlights the potential benefits of almonds for active lifestyles. Researchers conducted a randomized crossover trial involving 26 middle-aged participants who exercised one to four hours weekly. Participants consumed either two ounces of almonds or calorie-matched pretzels for eight weeks. They then performed a 30-minute downhill treadmill run to induce muscle damage, followed by continued daily intake of the designated snack for three days. Results…

21 Nov

Jindal (India) Limited captures 30% market share in Assam’s coated steel segment

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Jindal (India) Limited, a leading manufacturer of downstream steel products, has strengthened its foothold in Assam's coated steel market with a significant 30% market share. This move solidifies the company’s leadership across India, where it also holds a 22% share in the colour-coated steel segment. With a legacy spanning 70 years, Jindal (India) Limited's rise in Assam is fueled by its flagship brand, Jindal Sabrang, and premium offerings like Jindal Neucolor+. The innovative “Jindalume,” a popular Aluminium-Zinc Bare Galvalume coil, has seen exceptional demand, particularly in Assam, where the product’s durability is essential for roofing in the region’s challenging hilly…

21 Nov

Apple India’s net profit increase 23 percent to Rs 2,746 crore in FY24, revenue grew to Rs 67,152 crore.

editorBusiness, News

The company's total income grew 36 percent to Rs 67,121.6 crore in FY24.iPhone maker Apple India has reported a 23 per cent rise in net profit to Rs 2,745.7 crore in FY2023-24.This information has been given in the company's regulatory filing shared by Tofler.Apple India had reported a net profit of Rs 2,229.6 crore in FY23. The company reported a 36 per cent rise in total income in FY24, rising to Rs 67,121.6 crore from Rs 49,321.8 crore in FY23.Toffler said, "Apple India Private Limited, which provides and markets Apple brand products and software, including mobile devices and laptops, reported…

20 Nov

Godrej Industries backs Jane Goodall Institute’s India Youth Council launch

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The Godrej Industries Group has partnered with the Jane Goodall Institute (JGI) India to launch its Youth Council Programme, a platform empowering young changemakers. The initiative, part of JGI’s global Roots & Shoots movement, aims to foster community-centered projects promoting environmental protection, animal welfare, and social causes. The launch event featured Burjis Godrej, Executive Director of Godrej Agrovet Limited, and Dr. Jane Goodall, the world-renowned primatologist and anthropologist. Burjis Godrej, serving as a mentor for the council, expressed excitement about the initiative: “This council stands for every act of goodness, whether protecting our environment, advancing animal welfare, or supporting causes…

20 Nov

Bharatpur Kaushal Mahotsav secures jobs for over 2,400 youth

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The Bharatpur Kaushal Mahotsav, organized by the National Skill Development Corporation (NSDC) under the Ministry of Skill Development and Entrepreneurship, concluded with over 2,400 youth receiving job offers from top employers across diverse sectors. Presiding over the event, Shri Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship, personally handed out job offer letters to successful candidates. Over 70 industry leaders, including Flipkart, Zepto, Burger King, and Barbeque Nation, participated, offering more than 20,000 job opportunities with salaries ranging from ₹19,000 to ₹35,000 per month. Shri Chaudhary emphasized the government’s commitment to upskilling through platforms like the Skill India…