Business - The Purbottar

28 Apr

MDH reassures safety of spice products amid allegations, denies pesticide presence

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In a response to the allegations made against the spices of MDH, it said its products doesn't contain ethylene oxide or any other harmful products as well as the company has not got any communication from regulators and authorities in Hong Kong or Singapore about alleged contamination in its products. Hong Kong earlier this month banned the selling of 3 MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix as well, saying the spices contains high levels of ethylene oxide, which is harmful for human consumption and a cancer…

28 Apr

Yes Bank net profit Gain 123% quarter-on-quarter to Rs 452 crore in Q4

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Yes Bank Q4 Results Highlights: Indian private lender Yes Bank reported a significant 123% year-on-year growth in net profit for the fourth quarter (Q4) of FY24,increased to ₹452 crore from ₹202.4 crore in the same quarter last year, well above analysts' expectations. Sequentially, profits increased 95.2% from the previous quarter, according to the earnings report dated April 27, 2024. Net interest margin (NIM) remained stable at 2.4% for Q4FY24, in line with the previous quarter. The bank experienced strong growth in non-interest income, With a growth of 56.3% year-on-year and 31.3% quarter-on-quarter growth in Q4FY24, Resulting in 38.8% year-on-year growth for FY24. CEO…

27 Apr

India-funded community development project inaugurated in Chitwan, Nepal

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A community development endeavor received a grand inauguration in Chitwan, Nepal, backed by financial assistance from India. The Apron Dhungre Khola River Training Work Project, a testament to the enduring friendship between the two nations, was officially unveiled on Friday. Avinash Kumar Singh, First Secretary at the Indian Embassy in Kathmandu, led the inaugural ceremony. Constructed under the banner of 'Nepal-India Development Cooperation,' the project bears a tender cost of Nepalese INR 3.67 crore. The endeavor, situated in Khairahani Municipality, Chitwan, was jointly inaugurated by Avinash Kumar Singh and Shashi Kumar, Mayor of Khairahani Municipality, signaling a collaborative effort between…

27 Apr

Kolkata’s glamour peaks as EyeCatchers announces Redken’s first flagship salon

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Luxury and sophistication reached new heights in Kolkata as EyeCatchers Salon announced its partnership with Redken, the esteemed #1 professional hair brand in the USA. This monumental collaboration marks Redken's inaugural salon in the city, introducing its renowned science-backed hair treatments and services to Kolkata's burgeoning beauty scene. The grand inauguration, hosted by EyeCatchers, sparkled with the presence of Tollywood's finest, including luminaries such as Darshana Banik, Swastika Dutta, and Puja Banerjee. Adding to the allure, the event featured a performance by Rhys Sebastian, a renowned saxophonist, who had the crowd grooving to his New York funk jazz beats. The…

27 Apr

Nestlé India and Dr. Reddy’s forge partnership to expand nutraceutical offerings nationwide

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Nestlé India Limited and Dr. Reddy’s Laboratories Ltd have announced a definitive agreement to establish a joint venture. The partnership, set to be headquartered in Hyderabad, will facilitate the distribution of innovative nutraceutical brands across India and other designated territories. The joint venture, termed the "JV Company," marks the convergence of Nestlé Health Science's global nutritional health solutions with Dr. Reddy’s established commercial prowess in India. By combining their strengths, the JV Partners aim to enhance their portfolios in key categories such as metabolic health, hospital nutrition, general wellness, women's health, and child nutrition, catering to diverse consumer needs across…

27 Apr

Ramveer Tanwar teams up with Coca-Cola to revitalize ponds in Gurugram

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‘The Pondman of India’ teamed up with the Coca-Cola India employees and local volunteers to desilt a pond in Shikohpur, Gurgaon, Haryana. They also planted saplings to enhance the surroundings. This joint effort in partnership with PHD Rural Development Foundation aims to benefit the socio-economic ecosystem setting a refreshing example of community-led environmental stewardship.

27 Apr

Skill India Digital Hub Revolutionizes Youth Empowerment Across the Nation

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Skill development and lifelong learning are vital for economic prosperity, enabling individuals to secure meaningful employment, and fostering community equality and resilience. In line with this objective, the International Labour Organization (ILO) convened the Global Skills Forum on Wednesday to bring together world leaders on the same platform to deliberate on ways to shape skills development in today’s world. During the panel discussion on“Human-Centered Digital Transformation of Skills Development” organized by ILO,the Skill India Digital Hub (SIDH), an initiative by the Ministry of Skill Development and Entrepreneurship (MSDE), was presented as the tool that transformed India’s skill development ecosystem. The…

27 Apr

Nestlé to launch NESPRESSO to enhance the your coffee experience

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Nestlé India is set to launch NESPRESSO. NESPRESSO, a premium coffee pioneer, is set to launch its exclusive range in India by the end of 2024, offering both original and professional systems for both domestic and professional consumers. The first NESPRESSO boutique is intended to be opened in Delhi, before expanding to other key cities. NESPRESSO will also be sold online through e-commerce platforms. This launch will bolster Nestlé India's premium coffee offerings. NESPRESSO – a certified B Corp™ - plays a pivotal role in driving coffee innovation, discovering unparalleled coffee blends, formulating new recipes, and offering a premium coffee…

27 Apr

JEE Main 2024 Triumph: Aakash Digital’s Ritam Banerjee Clinches Top Spot in West Bengal

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Aakash Digital, the online platform of Aakash Educational Services Limited (AESL), has announced the impressive performance of a Hooghly-based student of the Joint Entrance Examination (JEE) Main 2024 second session.This year, Aakash Digital has recorded stupendous results. 6 Students of Aakash Digital have scored 100 percentile in either subjects of Physics, Chemistry and Mathematics. 45 of its students have scored 99 percentile and above in JEE Main 2024 second session, while 172 have scored between 95 to 99 percentile. Ritam Banerjee, a student of Aakash Digital, has secured a stupendous 99.99 percentile, thereby achieving AIR 102 and became the state…

27 Apr

Nissan’s Nationwide Initiative: Free AC Check-up Camp for Customers Begins

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Nissan Motor India has introduced a two-month free AC check-up camp for its customers across India, demonstrating its dedication to customer centricity and service excellence. Nissan will conduct the AC check-up camps between 15th April to 15thJune 2024 at all Nissan authorized service workshops across India where all customers are eligible for a wide range of services and discounts. Nissan’s highly skilled and trained service professionals will conduct the AC check-up camp, using Nissan Genuine spare parts ensuring a seamless service experience. Nissan and Datsun vehicle owners can now schedule service appointments for check-ups through the NISSAN ONE App or…