Business - The Purbottar

28 Sep

Tata AIA introduce Tata AIA NIFTY Alpha 50 Index Fund

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India's leading life insurers, has introduced Tata AIA NIFTY Alpha 50 Index Fund through its unit linked insurance products, which is an open-ended New Fund Offering (NFO) with an alpha investing strategy to benefit from potential growth while securing their loved ones with the protection of a life insurance cover. The NFO will remain open until September 30th, 2024, with units offered at an NAV of Rs. 10 per unit during the NFO period. The fund will focus on high performing stocks i.e. the top 50 performing stocks that constitute…

28 Sep

Shopsy launches Big Billion Days trailer sale, elevates festive shopping experience

Business BureauBusiness

As the festive season approaches, Shopsy, Flipkart's dynamic hyper-value e-commerce platform, is set to enchant shoppers with its Big Billion Days Trailer Sale from September 20 to 26. This exciting initiative follows the record-breaking Grand Shopsy Mela, which saw unprecedented user engagement. The trailer sale promises attractive prices on over 10 million products, giving shoppers a sneak peek into the incredible deals to come during the main event. With discounts of over 50% and daily Re. 1 deals on lifestyle and accessories, this sale caters to the festive spirit of families across Bharat. Prathyusha Agarwal, Shopsy's Business Head, highlighted the…

28 Sep

Triumph International launches lavish rewards for Durga Puja shoppers

Business BureauBusiness

Triumph International, a renowned lingerie brand, has rolled out its "Pujo Festive" offer in celebration of Durga Puja, running from September 13th to October 12th, 2024. Customers making purchases worth INR 4,999 or more will receive luxurious rewards, including makeovers, grooming sessions, and fine-dining experiences. Bhavin Devpuria, Marketing Head, Triumph Group (India & Sri Lanka), stated, "Durga Puja symbolizes feminine power and grace. Our campaign offers women a chance to pamper themselves and celebrate their strength."Rewards include home decor vouchers, beauty treatments, fine dining worth INR 2,500, and more. Triumph’s initiative aims to empower modern Indian women in every aspect…

28 Sep

ICICI Prudential Life Insurance launches ‘ICICI Pru Signature Pension’

Business BureauBusiness

ICICI Prudential Life Insurance has launched ‘ICICI Pru Signature Pension’, a market linked pension product enabling customers to build a cost and tax efficient retirement fund. Retirement planning is a crucial activity and a must for all customers to be financially independent. This unique product helps customers to effectively plan for both the accumulation and income generation phases of retirement planning. Market linked retirement savings plan with the option of upto 100% equity exposure. Tax-free withdrawal of up to 60% of the fund value. Flexibility to make partial withdrawals to meet unexpected financial needs. Waiver of premium add-on benefit ensures…

28 Sep

Plan ahead: The importance of early retirement savings in India

Business BureauBusiness

As life expectancy in India rises, planning for retirement has never been more critical. According to UN estimates, the average lifespan is expected to reach 75 years by 2050, with potential increases up to 82 by the century's end. With the typical retirement age remaining around 60, individuals now face the prospect of funding 15 to 20 years of post-retirement life, underscoring the need for strategic financial planning. Despite the pressing need, many individuals postpone retirement savings, focusing instead on immediate life goals such as education, marriage, and homeownership. However, starting early with retirement savings is crucial, as timely investments…

28 Sep

Flipkart revamps two-wheeler shopping ahead of festive season

Business BureauBusiness

Flipkart, India’s leading e-commerce platform, is transforming the two-wheeler shopping landscape with a diverse selection of petrol and electric vehicles, just in time for the festive season. Customers across over 12,000 pin codes and 700 cities can now explore a variety of options from top brands like Hero, Bajaj, TVS, and Ola, all featuring transparent on-road pricing and flexible financing options. The demand for two-wheelers on Flipkart has surged sixfold in August 2024 compared to last year, highlighting the growing interest in both petrol and electric models. To enhance the buying experience, Flipkart offers features such as immersive 3D and…

28 Sep

Toyota’s Hilux Goes Off-Road for Duty: New Variant Unveiled at Himtech

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has showcased special-purpose Hilux (modified with the support of an authorized external vendor) at the Himtech 2024 symposium, organized by the Indian Army jointly with FICCI. Moving towards the national goal of “Raksha Atamanirbharta’, and to provide the defense forces with access to the best equipment and solutions available, these two organizations (Indian Army & FICCI) have collaborated for "HIMTECH 2024," with an emphasis on utilizing military technology for high-altitude areas (HAA). The event, held at the Rinchen Auditorium Grounds, Leh, Ladakh, on 20th and 21st September 2024, witnessed the presence of senior officials from the…

27 Sep

Byatikram MASDO hosts event on women’s safety in Guwahati

Business BureauBusiness

Byatikram MASDO successfully organized a full-day event titled "Ensuring Safety of Women: A Call to Action" at NEDFi Hall. The event, dedicated to the late social worker Bandana Baruah, aimed to highlight women’s safety and empowerment. The program began with a tribute to Baruah, followed by a speech from her daughter, Smt. Krishna Baruah, Deputy Commissioner of Baksa, who praised her mother’s dedication to women’s causes. Byatikram MASDO advisor Manisha Hazarika announced that an annual award in Baruah’s name will be instituted for contributions to social welfare. Special guests included Mumbai-based entrepreneur Dr. Dinesh Sahara, film producer Sam Bhattacharjee, and…

27 Sep

Sugar companies’ stocks inflation to 8% on expectations of hike in MSP and rise in ethanol prices; Shree Renuka and Balrampur Sugar gain the most

editorBusiness, News

Sugar stocks jumped significantly in intraday trading on Friday, September 27, following remarks by Indian Food Minister Pralhad Joshi. On Thursday, Joshi indicated that the government was considering raising ethanol prices for the 2024-25 season, as well as reviewing the minimum selling price of sugar and sugar exports for the same period.The minister said a committee of secretaries is currently discussing the proposal to increase the minimum selling price of sugar."We are optimistic about sugar production for the 2024-25 season starting in October," Joshi told reporters on the sidelines of the India Sugar and Bio-Energy Conference organised by the Indian…

27 Sep

Godrej Agrovet Limited announces the launch of ‘Hello Godrej’

Business BureauBusiness

Godrej Agrovet Limited (GAVL), one of India’s largest diversified food and agri-business conglomerate, has recently announced the launch of ‘Hello Godrej’, a multilingual farming advisory helpline to provide real-time expert solutions for crop protection over a phone call. To be accessible to farmers across the country in eight regional languages—Hindi, Marathi, Kannada, Telugu, Tamil, Bengali, Punjabi, and English, this new initiative is in sync with the company's endeavor of improving farm productivity by handholding and being there with the farmers whenever they need on ground or over a call. Commenting on the initiative, Balram Singh Yadav, Managing Director, Godrej Agrovet…