Business - The Purbottar

25 Jun

API and Abbott introduce India’s inaugural Angina Awareness Week with comprehensive management strategy

Business BureauBusiness

The Association of Physicians of India (API), along with global healthcare company Abbott, today initiated the first ever ‘Angina Awareness Week’ in India, from June 19th to June 25th. Through this, they aim to highlight the importance of early angina diagnosis and its optimal management to reduce the risk of cardiac events and improve patient outcomes. To mark this week, they collectively unveiled an Action Plan drafted by Abbott, titled, ‘Optimal Treatment of Angina (OPTA): The need of the hour,’ highlighting best standards for timely detection and management.Dr. Ashwini Pawar, Medical Director, Abbott India said, “Angina remains an under-diagnosed condition…

25 Jun

Samsung launches S24 Ultra in Titanium Yellow

Business BureauBusiness

Samsung has unveiled the Titanium Yellow color variant of its Galaxy S24 Ultra, set to be available for purchase in India. Galaxy S24 Ultra is currently available in Titanium Gray, Titanium Violet and Titanium Black. The addition of the new Titanium Yellow colour will give more choices to consumers looking to purchase Galaxy S24 Ultra. The ‘Made in India’ Galaxy S24 Ultra powered by Galaxy AI, enhances and redefines the phone’s most fundamental role – communication – with powerful features such as Live Translate, Interpreter, Chat Assist, Note Assist and Transcript Assist features. The Galaxy S24 Ultra is the first…

25 Jun

Weber Shandwick reveals ‘Elections Matter: India Report’

Business BureauBusiness

Weber Shandwick India has unveils the "Elections Matter: India Report". The Corporate Advisory and Public Affairs practice conducted a survey on election sentiments, news consumption habits, trust in information sources, and voting behaviors among Gen Z and Millennial Indian consumers. The survey was conducted by YouGov among 1,000 respondents from the top 10 cities in India, including Mumbai, Delhi-NCR, Chennai, Kolkata, Bangalore, Hyderabad, Pune, Lucknow, Jaipur, and Ahmedabad. The demographics of the survey were balanced, with a near-equal split between males (51%) and females (49%), and evenly distributed between Gen Zs and Millennials. The study reveals significant differences in news…

25 Jun

Bandhan Mutual Fund unveils Bandhan Nifty Total Market Index Fund

Business BureauBusiness

Bandhan Mutual Fund has launched the Bandhan Nifty Total Market Index Fund, an open-ended index scheme that tracks the Nifty Total Market Index. This fund provides investors with an opportunity to invest in a diversified portfolio that includes 750 stocks across Large, Mid, Small, and Micro caps, representing 95% of the Indian equity market. The New Fund Offer (NFO) will open on 24 June 2024, and close on, 5 July 2024. Investment in the Bandhan Nifty Total Market Index Fund can be made through licensed mutual fund distributors, online platforms, and directly at https://bandhanmutual.com/nfo/bandhan-nifty-total-market-index-fund/. The Total Market Index offers a…

25 Jun

Zepto raises $665M, plans aggressive expansion to double store count by 2025

Business BureauBusiness

Zepto has raised $665 million at a $3.6 billion valuation in a highly oversubscribed round – just nine months after the company raised $235 million at a $1.4 billion valuation. The company plans to maintain fiscal discipline as it expands from 350 to 700 stores by 2025 and to reinvesting mature store capital back into the business. If this is achieved while maintaining customer satisfaction, the company is expected to be ready for public listing. Avenir, Lightspeed, and Avra (Anu Hariharan’s new fund) joined the company’s cap table as new investors, among others. Existing investors Glade Brook, Nexus, and Step…

25 Jun

Synchrony Ranked Second in Best Companies to Work For India 2024 Rankings

Business BureauBusiness

Synchrony, a leading consumer financial services company, has been named among India's Best Companies to Work For. This is Synchrony’s seventh consecutive year being honored with the award, solidifying its position as a national leader in fostering a positive, people-centric workplace culture. Synchrony has been recognized for its commitment to investing in its people, valuing relationships and work-life flexibility. Rachana Bahadur, Senior Vice President, Country Head – India, Synchrony, said, “We are truly humbled and grateful to receive this award. This recognition motivates us to keep pushing boundaries and redefine what it means to be the best workplace”. Synchrony provides…

25 Jun

ICICI Bank launches ‘SmartLock’, a unique safety feature for iMobile Pay

Business BureauBusiness

ICICI Bank introduces ‘SmartLock’, a unique safety measure to enable its customers to lock/unlock multiple banking services instantly, without seeking the help from a customer care executive through phone or e-mail. The iMobile Pay feature allows customers to lock/unlock access to internet banking, UPI, credit and debit cards with a single click, ensuring account safety. The first-of-its-kind 'SmartLock' measure in the Indian banking sector also allows customers to lock/unlock the entire iMobile Pay. The 'SmartLock' feature allows customers to deactivate a specific banking service, potentially preventing fraudulent transactions, and allows scheduled standing instructions and E-mandates to be executed even when…

25 Jun

Oriflame Sets Ambitious Goal to Support 1 Million Micro-Entrepreneurs in India by 2029

Business BureauBusiness

Oriflame has announced India its being one of the top-priority market. Building on its current success, the premier cosmetic brand aims to on-board 1 million brand partners within the next five years, thereby promoting micro-entrepreneurship and nurturing a dynamic start-up culture across the country. This ambitious target aligns perfectly with India's growth trajectory and the Government of India's emphasis on employment generation and self-reliance. Oriflame is committed to promoting the entrepreneurial spirit. The brand promotes entrepreneurial ethics and empowers the workforce, particularly women, by allowing individuals to become brand partners and design their own work schedules, fostering a fulfilling career…

25 Jun

Registration Open for Season 2 of the CEAT Indian Supercross Racing League

Business BureauBusiness

The CEAT Indian Supercross Racing League (ISRL), the world's first franchise-based Supercross league, has opened rider registration for Season 2. Following a phenomenal inaugural season that captivated audiences with heart-stopping races and exceptional talent, the ISRL is ready to push the boundaries once again. Season 1 of motorsports sparked significant interest among enthusiasts, attracting over 104 registrations from various countries, including defending champions. Some of the leading names that battled for the win were Matt Moss - 9-time Australian MX and SX Champion, Jordi Tixier - World Champion MX2 (2014), 2022 Prince of Paris (SX2) Thomas Ramette, Hugo Manzato from…

25 Jun

Oil rise up on strong dollar and strong fuel demand; Brent crude at $85.77/bbl

editorBusiness, News

Oil prices rose slightly on Monday as strong summer fuel demand and rising geopolitical tensions helped offset the impact of a stronger dollar.Brent futures for August delivery rose 53 cents to $85.77 a barrel, representing a gain of 0.6% by 11:38 a.m. EST (1538 GMT). Meanwhile, US crude futures rose 65 cents to $81.38 a barrel, representing a gain of 0.8%. Last week, both benchmarks recorded a 3% rise, their second consecutive weekly rise.“Crude oil prices witnessed significant volatility and declined from recent highs due to dollar index strength and mixed global economic data. The dollar index hit its highest…