Business - The Purbottar

17 May

Nepal bans sale of Everest, MDH spices over safety concerns

Business CorrespondentBusiness

After Singapore and Hong Kong, Nepal has also took a decision to ban the consumption and sale of spices made by Everest and MDH amid concerns over traces of harmful chemicals in the products. Nepal's Department of Food Technology and Quality Control has began testing the spices from the two Indian brands for ethylene oxide, a cancer-causing pesticide, ANI reported. "Everest and MDH brand spices have been banned from import... we also have banned the sale of them on the market. This comes after the news about traces of harmful chemicals in the spices," Mohan Krishna Maharjan, spokesperson of Nepal's…

17 May

Samsung unveiled three new refrigerators with next-generation AI inverter compressors

Business BureauBusiness

Samsung, India's largest electronics brand, has launched three new refrigerators to enhance smarter living in homes by allowing consumers to customize their choices. The new refrigerators feature Samsung’s next generation Artificial Intelligence-powered Inverter Compressor. The AI Inverter Compressor, the heart of Samsung’s new refrigerators, transforms the traditional internal design by optimizing motor and energy efficiency while saving electricity costs. Samsung’s eighth generation compressor brings AI to the fore - marking a revolutionary change from its first compressor introduced 27 years back. The AI Inverter Compressor is backed by a 20-year warranty, ensuring its long-term performance and energy efficiency. The new…

17 May

IndiaSkills Competition 2024 commences with over 900+ candidates participating in 61 trades

Business BureauBusiness

The IndiaSkills Competition 2024, the largest skill competition in India, has begun and will continue until May 19th, 2024. The Ministry of Skill Development and Entrepreneurship (MSDE) held an inauguration ceremony in Yashobhoomi, Dwarka, attracting over 900 candidates from 30+ states and Union Territories and 400+ industry experts. The National Skill Development Corporation (NSDC) is organizing a national competition to showcase 61 skills, from traditional crafts to cutting-edge technologies. The event will be held on 47 onsite and 14 offsite in Karnataka, Haryana, Uttar Pradesh, and Gujarat. Additionally, participants will participate in 9 exhibition skills like drone-making, textile-weaving, leather-shoemaking, and…

17 May

NielsenIQ Service Cost Survey ranked the MG Hector as the Best Value vehicle in the SUV segment

Business BureauBusiness

The Hector, a flagship SUV of MG (Morris Garages), a 100-year-old British SUV from MG, is the best value vehicle in the SUV segment due to its attractive features and comfortable ride. It has garnered top rankings for ownership costs among the popular hatchback cars and compact SUVs in the recent NielsenIQ Service Cost Survey. Additionally, Droom's recent analysis placed the Hector at the forefront for factors such as, resale value, fuel efficiency and customer satisfaction. The NielsenIQService Cost Survey analyzed SUVs and hatchbacks purchased between Jan '21-Aug '21 and completed 3-5 regular services. The MG Hector was ranked as…

17 May

Vogue Eyewear launches ‘Keep Playing’ campaign with Taapsee Pannu

Business BureauBusiness

Vogue Eyewear, renowned for its fashionable eyewear, has launched a campaign featuring actress and Brand Ambassador Taapsee Pannu. This campaign encourages everyone to embrace every moment in life with a playful spirit. In a world that constantly presents us with dynamic situations, Vogue Eyewear believes that it is our approach to lifewhich truly matters and makes all the difference. The campaign, titled "Keep Playing," invites consumers to tap into their light, bright, and joyful side while engaging with life in all its colorful facets. Commenting on the new campaign,Taapsee Pannu said, “I'm thrilled about my partnership with Vogue Eyewear and…

17 May

Glenmark launches the next phase of ‘India First Heart First’ campaign

Business BureauBusiness

Glenmark Pharmaceuticals Ltd., a global pharmaceuticals company, has launched the next phase of its 'India First Heart First' campaign. Building on the success and momentum of the initial phase, this nationwide initiative marks a significant step forward in addressing heart health challenges across India. The campaign underscores Glenmark’s commitment to addressing the critical health challenges posed by cardiovascular diseases (CVD). The campaign began with a World Heart Day event on September 29, 2023, featuring artist Sudarsan Pattnaik's sand sculpture of a human heart at Puri beach. On World Hypertension Day 2024, the campaign marked another milestone. Glenmark collaborated with President's…

17 May

Kolkata primed for commercial real estate surge as Nuvama-Cushman & Wakefield venture launches ‘PRIME’ fund

Business BureauBusiness

In a strategic move poised to reshape Kolkata's commercial real estate landscape, Nuvama Asset Management and Cushman & Wakefield Management Private Limited (NCW) have unveiled plans for their maiden Commercial real estate fund, 'PRIME'. The joint venture, formed between Nuvama Asset Management and Cushman & Wakefield, is generating significant momentum and interest in Kolkata's investment circles. The 'PRIME' fund, with a target corpus of INR 3,000 crore, aims to invest in Grade A and A+ "Offices of the future" across key micro-markets in India's top 6 cities, which command over 70% of the leasing activity. This initiative presents a unique…

16 May

PhonePe Launches UPI in Sri Lanka in Partnership with LankaPay

Business CorrespondentBusiness

PhonePe on Wednesday(15, May 2024) joined hands with LankaPay to allow its users to pay using UPI across Sri Lanka. To mark the partnership, PhonePe said its app users traveling to Sri Lanka can do payments using UPI across LankaPay QR merchants. The transactions will be promoted by the UPI and LankaPay National Payment Network. Users can now scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, displaying the currency exchange rate. PhonePe's CEO, International Payments, Ritesh Pai, said the partnership with LankaPay offers unparalleled convenience…

16 May

Crude oil prices rise due to slow US inflation, strong demand

editorBusiness

Oil prices enlarged from the precedent session on Thursday on signs of stronger demand in the US, where data showed affectation slower than markets expected, and bolstering arguments for interest rate cuts that could lead to further consumption.Brent futures enlarge 32, or0.4, to$83.07 a barrel at 0620 GMT, while U.S. West Texas Intermediate crude( WTI) increase 31, or0.4, to$78.94.IG Markets strategist Yep Jun Rong said that" the more subdued reading for US April inflation and the weaker- than- expected reading in US retail sales provide way for the Fed to consider an earlier rate cut, raising market prospects and “…

16 May

myTrident introduces its latest campaign starring Kareena Kapoor Khan and the iconic star Sharmila Tagore

Business BureauBusiness

myTrident, a leading home décor brand, is launching a campaign featuring Kareena Kapoor Khan as its brand ambassador and Sharmila Tagore as its iconic partner. This extraordinary collaboration highlights the harmonious and elegant relationship between a mother-in-law and daughter-in-law, marking a notable shift from the traditional narratives typically portrayed in brand campaigns. This initiative sets a new standard in creative storytelling, celebrating the evolving dynamics of modern family relationships. Crafted with cinematic finesse, the campaign unveils an enchanting television commercial produced by Dharma 2.0 under the leadership of Punit Malhotra, that showcases the exquisite chemistry between Kareena Kapoor Khan and…