Business - The Purbottar

03 Jul

Tata Motors Secures Top Position in SUV Market Powered by Nexon and Punch

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Tata Motors, one of India’s leading automotive manufacturers, ended FY24 on a high, with its two products, Punch and Nexon, emerging as the best-selling SUVs in the country. Tata Nexon grabbed the pole position, dominating this segment three years in a row, despite aggressive competition in the segment, with Punch being a close second. Tata Nexon also recently achieved the magnanimous 7 lakhs sales milestone in its 7th year making it the most loved SUV of India. The compact SUV segment has shown remarkable growth over the years, making it the most competitive and contested segments and Tata Motors is…

02 Jul

Vivek Chandrakant Tongaonkar appointed as Director (Finance) at ONGC

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ONGC has announced the appointment of Mr. Vivek Chandrakant Tongaonkar as the new Director (Finance), effective from 2nd July 2024. Mr. Tongaonkar, a seasoned industry veteran with over 37 years of experience across the Energy value-chain, brings extensive expertise in financial and managerial leadership to India’s Energy Maharatna. Mr. Tongaonkar holds degrees in Electrical Engineering and Business Administration, complementing his robust professional background. His most recent role was as Director (Finance) & CFO at ONGC’s downstream subsidiary, Mangalore Refinery & Petrochemicals Limited (MRPL), where he implemented transformative financial strategies. These initiatives included the preemptive repayment of high-interest term loans amounting…

02 Jul

Rajesh Toyota makes history with CII GreenCo gold rating

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Rajesh Toyota, a prominent dealership under Toyota Kirloskar Motor (TKM), has secured the prestigious GreenCo Gold Rating from the Confederation of Indian Industry (CII) Green Business Centre, becoming the first automotive dealership in India to achieve this milestone. Recognized for its commitment to sustainable practices, Rajesh Toyota excelled in energy efficiency, waste management, and water conservation, aligning closely with Toyota's Environmental Challenge 2050. The dealership has reduced scope 1 and 2 emissions by 31.27% since 2019 and achieved an impressive 90.5% renewable energy usage. Furthermore, efforts in lean management have reduced waste generation per vehicle by 20.3%.Mr. B. Padmanabha, Executive…

02 Jul

NIESBUD Hosts Shri Jayant Chaudhary’s Inspiring Visit with Ex-Servicemen and Entrepreneurs

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The Hon'ble Union Minister of State (I/C),MSDE, Shri Jayant Chaudhary, visited the National Institute for Entrepreneurship and Small Business Development (NIESBUD) campus and engaged with the other trainees and trainers involved in various programs.Shri Jayant Chaudhary also visited a unique exhibition which was organised featuring products crafted by jail inmates and other successful entrepreneurs who have successfully completed EDP training under NIESBUD. The Institute at Lucknow and Varanasi Jail showcased products prepared by jail inmates during ESDP programmes, highlighting the transformative impact of skill development and entrepreneurial training on inmates, reflecting NIESBUD's commitment to promoting entrepreneurship across various sectors. Shri…

02 Jul

Turkish Airlines won the 2024 World Finance Sustainability Awards as the “Most Sustainable Flag Carrier Airline”

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Turkish Airlines, the national flag carrier of Türkiye, is setting an example in the aviation sector through its pioneering sustainability initiatives. Once again, Turkish Airlines has been honored with the “Most Sustainable Flag Carrier Airline” award by World Finance, marking the prestigious recognition for the third consecutive year. Amid the significant challenges posed by the climate crisis to the aviation industry, Turkish Airlines stands out with its voluntary carbon offset platform CO2 mission, use of Sustainable Aviation Fuel (SAF), sustainable in-flight products, waste management practices, and the sustainable travel experience it offers to its passengers. Commenting on the award, Turkish…

02 Jul

Magenta Mobility partners with Tata Motors to deploy over 100 units of the Tata Ace EV

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Magenta Mobility, an integrated electric mobility solutions provider, has partnered with Tata Motors, India's largest commercial vehicle manufacturer, to deploy over 100 units of Tata Ace EV, including 60 units of Ace EV and 40 units of Ace EV 1000. This deployment is part of the MoU inked between the two entities in October 2023, which targeted 500 units of the revolutionary Tata Ace EV. The Ace EV, powered by an EVOGEN powertrain, offers a 7-year battery warranty and a 5-year comprehensive maintenance package. It features a 27kW motor with 130Nm peak torque, providing best-in-class pickup and grade-ability. Commenting on…

01 Jul

M.Sc. program incorporated into Arya Nursing College’s curriculum

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In the Northeast, Arya Nursing College is a well-known nursing school. Post Basic B.Sc. Nursing B.Sc., Nursing GNM, and ANM are available under the supervision of Dr. Vandana Devi. The Assam government has given her permission to begin nursing studies. It is important to note that enrollment in the M.Scnursing program requires completing the following five disciplines: Pediatric nursing, Medical surgical nursing, Obstetrics and Gynecology nursing, Psychiatric nursing, and Community Health nursing. Under the approval of Srimanta Sankaradeva University of Health Sciences, Assam, and the Government of Assam, Arya Nursing College is offering Post Basic B.Sc. in Nursing. Nursing has…

01 Jul

Halder Group celebrates 100 years of excellence and expansion in the global market

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Halder Group, a pioneering name in the rice and oil manufacturing sector, commemorates a century of remarkable achievements since its inception in 1924. From its humble beginnings at the B.C. Halder Rice Mill in Birbhum, West Bengal, the company has evolved into a global powerhouse, influencing the rice industry both domestically and internationally. Over the decades, Halder Group has upheld rigorous standards of quality and social responsibility, becoming a leading exporter of Parboiled rice from East India under renowned brands such as Moti, Bhoj, and Diva. In addition to rice, the company has made significant strides in the edible oil…

01 Jul

Union Minister Shri Jayant Chaudhary congratulate 270 Youth in PMKVY 4.0

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Shri Jayant Chaudhary, Union Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE, congratulated 270 candidates certified under PMKVY 4.0 and various CSR projects under Skill India, aiming to empower and encourage youth in the Beauty & Wellness sector. This was at the 3rd convocation ceremony organized by the Beauty and Wellness Sector Skill Council (B&WSSC) which has till now trained more than 13 lakh candidates under the mission. The eventtook place at the Indian Habitat Centre, New Delhi, and was attended by prominent dignitaries includingShri Atul Kumal Tiwari, Secretary, MSDE, Shri Ved Mani Tiwari officiating CEO,…

01 Jul

Tata Motors enters into a MoU with Bajaj Finance

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Tata Motors enter into a Memorandum of Understanding (MoU) with Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups. Bajaj Finance will offer financing solutions across the entire commercial vehicle portfolio, and customers will benefit from the company’s wide reach, competitive interest rates, flexi loan and digitally-enabled loan processing. Tata Motors has partnered with Bajaj Finance to offer commercial vehicle financing, leveraging the transportation sector's potential. The partnership will benefit entrepreneurs across the country, offering easy access to financing solutions in both rural and urban areas. Mr. Rajesh Kaul, Vice President & Business…