Business - The Purbottar

22 Jun

Manufacturing PMI araise to 60.9 in June, job creation fastest in 18 years: Survey

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According to the HSBC survey, the final manufacturing, services and composite purchasing managers' index (PMI) figure rose 0.4 percentage points to 60.9 in June, compared with a revised figure of 60.5 in May.According to a survey, business activity in the country became stronger in June due to growth in manufacturing and services sectors and the pace of job creation became the fastest in 18 years.“The composite output index expansion further in June, supported by an grow in new orders, which led companies to rise hiring in both sectors. Input prices softened slightly in June, resulting in margin improvement, especially for…

22 Jun

Minister Jayant Chaudhary Evaluates Directorate General of Training Operations

Business BureauBusiness

Union Minister of State, Shri Jayant Chaudhary, conducted a thorough review of the Directorate General of Training (DGT) operations and participated in an immersive session to gain a comprehensive understanding of its schemes and institutions. These include Industrial Training Institutes (ITIs), National Skill Training Institutes (NSTIs), the National Instructional Media Institute (NIMI), and the Central Staff Training and Research Institute (CSTARI). This session marked a significant step towards the upgradation and reinvigoration of the entire skill development ecosystem in India. Shri Chaudhary praised the DGT's efforts in revitalizing the skilling ecosystem, adding over 5000 institutions in the last decade. He…

22 Jun

Tata Motors announces the One Million Plantation initiative in the tribal interiors of Maharashtra

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Tata Motors is unveils the One Million Plantation initiative in the tribal interiors of Maharashtra, aiming to transform the local economy. This ambitious project aims to sow saplings of hope for local communities in the Palghar district. To date 1.5 million fruit and forest saplings have taken root, covering 13,000 acres across eight blocks, breathing life into once-barren land. The company plans to plant an additional one million trees within the next three months to preserve biodiversity and alleviate distressed farmer migration. Tata Motors supports sapling costs through a collaborative model, with BAIF Institute for Sustainable Livelihoods and Development (BISLD)…

22 Jun

Amazon Fresh expanded its presence in over 130 cities across India

Business BureauBusiness

Amazon India announced the expansion of Amazon Fresh, its full-basket grocery service of wet and dry groceries including fruits, vegetables, chilled products, beauty, baby, personal care, and pet products among other daily grocery needs, to 130+ cities. Amazon Fresh Sellers source fruits and vegetables from over 11,000 farmers and ensure the quality of the produce through a ‘4-step quality check’. Customers in 130+ cities like Ambala, Aurangabad, Hoshiarpur, Dharwad, Una, Suri, and others will enjoy great savings and avail exciting deals from Amazon Fresh sellers and bank partners while building their weekly/monthly basket. Amazon Fresh provides a user-friendly grocery shopping…

22 Jun

Hyundai Launches New ‘I Choose Hyundai’ Campaign in India

Business CorrespondentBusiness

Hyundai Motor India recently launched its new brand campaign titled 'I Choose Hyundai'. This comprehensive campaign focuses on Hyundai's wide range of products, popular among people across India, with the theme #IndiaDriveHyundai. The 'I Choose Hyundai' campaign shows why Indian customers prefer Hyundai, emphasizing the variety of models, transmissions, features, and fuel options available. To connect easily with regional audiences, the TV ads are available in six regional languages: Marathi, Bengali, Telugu, Kannada, Malayalam and Tamil ensuring a strong and enduring impact across different regions. Speaking about the campaign, Mr. Tarun Garg, COO, Hyundai Motor India Limited, said: "Our latest…

22 Jun

Tata AIA sets new record with INR 1,465 crore bonus payout in FY24

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Tata AIA Life Insurance Co. Ltd., a leading Indian life insurer, has announced a bonus of INR 1,465 crores for Participating (PAR) policyholders for the 2024 financial year. The bonus payout announced is the highest ever paid by the Company, showcasing an increase of 24%overthe INR 1,183 crore bonus announced in FY23. Tata AIA's strong investment management capabilities and robust risk management practices have consistently resulted in higher bonuses for participating policy holders. This is also one of the reasons that the company enjoys the trust of its consumers, as they continue to renew their policies. Tata AIA achieved industry-leading…

22 Jun

Shri. Himanta Biswa Sarma inaugurates Elder Care Home TAPOVAN supported by Diageo India

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Diageo India (United Spirits Ltd.) supported the construction of an Elder Care Home, TAPOVAN in Sonitpur, Assam, in collaboration with Bharat Cares and Government of Assam. The Elder Care Home was inaugurated by Shri. Himanta Biswa Sarma, Honourable Chief Minister of Assam. Also present at the ceremony were Shri Deba Kumar Mishra, District Commissioner - Sonitpur, Shri. Prithviraj Rabha, MLA-Tezpur, Dr. Lakshmi Goswami, President of Indian Council for Child Welfare (ICCW) - Tezpur, along with senior government officials, prominent individuals from Tezpur and members from the Diageo India and BharatCares. At the event Ashish Parikh, EVP &Chief Operating Officer, Diageo…

22 Jun

MIF Opens Applications for 10th Edition of Innovation for India Awards

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Marico Innovation Foundation (MIF) is accepting applications for the 10th edition of its 'Innovation for India Awards', a prestigious initiative promoting India's innovative spirit. Established in 2006, this prestigious platform in India recognizes and supports innovative ideas that can significantly positively impact social, environmental, and economic sectors. Celebrating this milestone 10th edition, the foundation reflects on a legacy of fostering innovation and looks forward to continuing its mission of catalysing transformative change. The application process, which runs from June 17 to July 17, 2024, is open to innovators. The 10th edition of the awards will highlight innovations in two categories:…

21 Jun

KBC Global Ltd Secures USD 20 Million Contract with CRJE Ltd for Soft Infrastructure

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KBC Global Ltd., a prominent player in the construction and real estate development sector has been awarded a significant subcontract worth approximately US $20 million by CRJE (EAST AFRICA) Ltd. CRJE is a modern enterprise with a rich history in constructing railways and five-star hotels across Africa. This substantial contract focuses on the civil engineering segment of soft infrastructure and represents a major milestone for KBC Global. The contract was secured through KBC Global’s wholly-owned Kenyan subsidiary, Karda International Infrastructure Limited, underscoring the company’s expanding footprint in the African market. KBC Global has been awarded a contract to contribute to…

21 Jun

Nourish Your Body and Soul: Almonds for International Yoga Day

Business BureauBusiness

International Yoga Day, celebrated annually on June 21st, promotes yoga's holistic approach to health and well-being, aiming to increase awareness about the benefits of incorporating yoga into daily life. To maximize the benefits of yoga, it is essential to maintain a balanced, clean, and healthy diet. Such a diet includes seasonal fruits and vegetables, leafy greens, whole grains, pulses and nuts like almonds, all of which play a vital role in maintaining overall health and well-being. Almonds, in particular, contain 15 essential nutrients, including protein, zinc, magnesium, phosphorus, calcium and vitamin E. Almonds are a rich source of essential nutrients,…