Business - The Purbottar

30 Nov

Expansion of IBM Client Innovation Center network In Gandhinagar, Gujrat

Business Bureau0 CommentsBusiness

IBM has opened its new Client Innovation Center (CIC) in Gandhinagar, India, as part of its ongoing expansion into non-metro and emerging cities across the country. In addition to gaining access and offering expanded opportunities to a broader talent pool, the Center will also help further fast-track the digital transformation and economic growth in the region. The Chief Minister of Gujarat, Shri Bhupendra Patel, praised the collaboration between IBM and Gujarat for its success in digital transformation and the value proposition of Gujarat's forward-thinking policies. IBM Consulting's Senior Vice President, John Granger, said that the expansion of its CIC network…

29 Nov

Bangkok Flight Lands In Delhi After Husband-Wife Fight Onboard: Report

Business Correspondent0 CommentsBusiness

Munich-Bangkok Lufthansa flight number LH772 was diverted to Delhi's Indira Gandhi International Airport on Wednesday(Nov 29, 2023) at 10:26 am, due to a harsh argument between a couple on board. According to the sources, a German man and his Thai wife broke out mid-air during the flight from Munich to Bangkok. "The person in question was handed over to authorities. The flight to Bangkok is expected to continue subsequently with minor delays. Safety and security on board for our passengers and crew is our top priority," the German airline said. As per the reports, the 53-year old German man allegedly…

29 Nov

Flipkart Group has successfully diverted around 3000 tonnes of non-hazardous solid waste

Business Bureau0 CommentsBusiness

Flipkart Group has successfully diverted around 3000 tonnes of non-hazardous solid waste in one year, starting with four facilities that achieved Total Resource Use and Efficiency (TRUE) Gold certification for their zero waste efforts. These facilities, located in Farrukhnagar (Haryana), Uluberia (West Bengal), Malur (Karnataka), and Renaissance (Maharashtra), account for an area of 1.8 million sq ft. Flipkart has demonstrated its commitment to promoting a circular economy and embracing the Zero Waste policy, which entails responsible consumption, reuse, and recovery of products, packaging, and materials while avoiding incineration and landfill. The organization has surpassed the certification's requirements for diversion rates,…

29 Nov

Toyota Kirloskar Motor inks MOU with Government of Karnataka

Business Bureau0 CommentsBusiness

Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MOU) with the Government of Karnataka to enhance its operations in the country through fresh investments. The investment worth around INR 3,300 crores, will involve the setting up of a new plant, which will boost the local manufacturing eco-system and introduce new technologies to create "mobility for all". This will be the company's third plant in India, all located in Bidadi near Bangalore. Toyota Kirloskar Motor's Managing Director and CEO, Masakazu Yoshimura, expressed confidence that the MOU with the Karnataka State Government for a new plant will generate employment and…

29 Nov

Amazon India, the first e-commerce company to sign an MoU with the Inland Waterways Authority of India

Business Bureau0 CommentsBusiness

In a landmark development, Amazon India and the Inland Waterways Authority of India (IWAI) under the Ministry of Ports, Shipping, and Waterways have signed a Memorandum of Understanding (MoU) to embark on a transformative journey in the transportation of customer packages through inland waterways. Amazon India has become the first e-commerce company in India to use Inland Water Transport, demonstrating its commitment to strengthening India's transportation infrastructure and aligning with the Prime Minister's vision for a more affordable and sustainable mode of transportation using inland waterways. Under this MoU, Amazon India and IWAI will work together to enable the containerized…

29 Nov

Unity Bank has established its presence in the city of Joy – Kolkata

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Unity Bank has opened five new branches in Kolkata, aiming to capitalize on the city's growing business opportunities. State-of-the-art branches are opened at Central Avenue, Rashbehari Avenue, Sarat Bose Road, Shakespeare Sarani & Dalhousie. The bank offers easy, convenient, and smart banking facilities through its mobile app and new branches. It offers up to 9.5% per annum on fixed deposits and 7% per annum on savings accounts. The bank's unique features include digital onboarding, a state-of-the-art branch network, attractive interest rates, and wealth management solutions across insurance, mutual funds, and other asset classes. The bank aims to leverage the city's…

29 Nov

Simple Skincare Launches the Water Boost Range That Promises Upto 100 Hours of Hydration

Business Bureau0 CommentsBusiness

Simple Skincare has launched the Water Boost Range, offering four products that provide constant hydration throughout the day. The range includes four products, all dermatologically tested and approved, ophthalmologically tested, suitable for sensitive skin users, hypoallergenic, and non-comedogenic. The range is PETA certified cruelty-free and contains no color, perfume, alcohol, or harsh chemicals. Simple offers various skincare products, including the Water Boost Micellar Facial Gel Wash, Water Boost Hydrating Gel Crème for 100 hr hydration, Water Boost Skin Quench Sleeping Creme, and Hyaluronic Acid + Vitamin B5 Booster Serum. Simple Water Boost Micellar Facial Gel Wash effectively cleanses dry skin,…

29 Nov

Investing genius Charlie Munger passes away at 99

Priyanka Bhowmick0 CommentsBusinessBusiness

The death of Mr. Munger, Berkshire's vice chairman since 1978, marked the end of an era in corporate America and investment. "Berkshire Hathaway could not have been built to what it is today without Charlie's inspiration, wisdom and participation," Warren Buffett said in a statement. Tributes started pouring in from all corners Apple CEO Tim Cook paid tribute to Mr Munger He wrote, "A titan of business and keen observer of the world around him, Charlie Munger helped build an American institution, and through his wisdom and insights, inspired a generation of leaders. He will be sorely missed. Rest in…

28 Nov

Curbing Fraud: Government Plans Possible 4-Hour Delay for First UPI Transfers Above Rs. 2,000

Business Correspondent0 CommentsBusiness

The rising cases of online payment frauds have forced government to take the required action over the matter. As per the reports the govt. is in line to introduce a minimum time for a transaction beyond a particular amount done for the first time between two individuals. According to the draft of the plan on the table, a time limit of 4 hours will apply each time an individual makes the first payment over Rupees 2,000 to someone they have never transacted with before. While the officials are of view that the process may add some friction to online payments,…

28 Nov

Scapia raises $23M led by Elevation Capital and 3STATE Ventures

Business Bureau0 CommentsBusiness

Scapia, a fintech company aiming to make travel accessible through its suite of financial products, has raised $23 million in its Series A funding round, led by Elevation Capital and 3STATE Ventures. The funds will be used to grow the customer base, add more banking partners, and enhance the product offerings. Scapia's $23 million Series A fund-raise is a testament to the customers' love for its co-branded credit card and app experience. Within five months of launch, Scapia has gained widespread popularity and distributed its card in over 7500 pin codes. 40% of Scapia's users are from beyond the top…