Business - The Purbottar

16 Nov

Mahindra announces the launch of new “Mahindra Jeeto Strong”

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Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra, has launched the "Mahindra Jeeto Strong" with over 2,00000 satisfied Jeeto customers in the country. The Jeeto Strong, a successor to the Jeeto Plus, offers best-in-segment mileage, increased payload capacity, and additional features, priced at Rs.5.50 Lakh for diesel and Rs. 5.55 Lakh for CNG. The Jeeto Strong is set to revolutionize lastmile cargo transportation with a significantly higher payload capacity of 815 kg in diesel and 750 kg in CNG, thereby enhancing productivity.The vehicle has impressive best-in-segment mileage of 32.00 km/l in diesel and 35.00 km/kg in CNG, featuring…

16 Nov

Minda Corporation Delivers Strong Financial Performance with Quarterly Revenue of Rs. 1,196 crores

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Minda Corporation Limited, the flagship company of Spark Minda, has released its financial results for the second quarter and half year ended September 30, 2023. Minda Corporation reported a 7% YoY growth in Q2FY24, boosted by domestic market demand, key customer business, and product premiumisation. EBITDA stood at Rs. 131 crores, with a 11.0% growth margin of 18 bps. The company also secured its highest-ever lifetime orders of over Rs.6,500 crores in H1FY24, with electric vehicles (EVs) accounting for over 30% of the orders. The company secured marquee orders across both existing and new technology products, with multiple first-time strategic…

16 Nov

Minda Corporation Limited forms a Joint Venture with HCMF

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Minda Corporation Limited, the flagship company of Spark Minda, has formed a Joint Venture with Taiwan-based HSIN Chong Machinery Works Co. Ltd. The partnership aims to provide advanced technology and state-of-the-art manufacturing of Sunroof and Closure Technology Products for passenger cars in India, backed by localization in the country. This partnership is expected to enhance the company's offerings in the automotive components sector. The joint venture between HCMF and Taiwan-based company Hsi Chieh will provide a comprehensive solution for designing, developing, and manufacturing passenger vehicle sunroofs. The market for sunroofs in India is expected to reach $500-600 million by 2030,…

15 Nov

Manipal Academy of Higher Education and KAS set to host international conference on Indo-Pasific

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Manipal Academy of Higher Education (MAHE), in association with Konrad Adenaeur Stiftung (KAS), is hosting an international conference on India and EU in the Indo-Pacific: Strategies, Opportunities, and Challenges on 3rd and 4thNovember in Manipal, Udupi. The conference, organized by Manipal Centre for European Studies (MCES) and Department of Geopolitics and International Relations (DGIR), brings together academicians, diplomats, policy makers and researchers from India and Europe to deliberate on the role of India and the European Union (EU) in the changing geopolitical dynamics in the Indo-Pacific region. The Indo-Pacific region, accounting for 60% of the world's GDP, has sparked global…

15 Nov

CNG cars poised to capture 25% of Indian automobile market by 2030

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Tata Motors, India’s leading automobile manufacturer, has made a bold move by making CNG vehicles more desirable and practical. With its twin-cylinder technology, Tata Motors has ensured that CNG-powered vehicles are no longer a compromise. This strategic decision reflects Tata Motors' commitment to sustainability and its recognition of the burgeoning popularity of CNG vehicles in the country. CNG cars have gained popularity in India over the past few years due to diverse model offerings and expanding infrastructure. The market now offers 17-18 CNG models, with a lower operating cost compared to petrol. The number of CNG refueling stations has also…

15 Nov

USV joined hands With Biogenomics to Launch INSUQUICK

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USV Pvt Ltd and Biogenomics have launched INSUQUICK®, India's first biosimilar Insulin Aspart, aimed at enhancing diabetes access for individuals. Diabetes is a growing healthcare concern in India as nearly 11.4% of the country’s adult population, which accounts for 101 million people, are living with diabetes. Besides this, there are an additional 136 million people who are pre-diabetic and who have a high propensity to convert into diabetes in a short time. InsuQuick is a “Make in India” product, developed and manufactured using 100% indigenous technology, and has undergone a robust clinical program to ensure global quality standards. It is…

15 Nov

Dr. Srikanth Muralikrishnan, to be available on 18th & 19th Nov 2023 at Kolkata

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Dr. Srikanth Muralikrishnan, a senior consultant haematologist at Apollo Hospital with various medical degrees including MD, MRCP, FRCPath, Dip RCPath, and CCT. Provide consultation for Anemia, Hemophilia, Blood Clots, Thalassemias, Gum Bleeding, Blood Cancers such as leukemia, Lymphoma & Myeloma, Thrombocytopenia, Idiopathic thrombocytopenic Purpura & all blood related diseases. Dr. Srikanth Muralikrishnan will be available for consultation on 18th & 19th November 2023 At Apollo Hospitals (Chennai) Regional Office: Diamond Prestige Building, Room no -405, 4th Floor, 41A, AJC Bose Road, Kolkata 700017. For booking an appointments & registration please call: 80173 63636 / 62922 33636.

15 Nov

Unlocking Potential: The Phenomenon of Catch-Up Growth

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Childhood is a period of rapid growth and development, but sometimes children may experience delays due to malnutrition. Insufficient nutrient intake can lead to growth impairment, chronic illnesses, or environmental factors. There are approximately 149 million stunted children below the age of five worldwide, with India accounting for nearly one-third of the global childhood stunting burden. Malnutrition is the primary cause of stunted growth in children, and children often experience spontaneous catch-up (CU) growth when they regain their initial growth trajectory. Minerals, such as calcium, iron, and zinc, are crucial for a child's growth and development. Encouraging active engagement in…

15 Nov

Muhurat Trading common ritual followed by Traders

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Muhurat Trading is a common ritual in India, marking a one-hour period on the day of Diwali for investors to invest in shares. The National Stock Exchange (NSE) encourages investors to deal only with registered intermediaries and avoid dealing in unregulated products. The stock market is meant for long-term wealth creation, and an unpleasant experience discourages investors from entering the market. Retail investors should avoid trading derivatives due to the high risk involved. Muhurat Trading is a common ritual followed by traders, with the stock exchange specifying the time every year. According to beliefs, trading during this one hour has…

15 Nov

Sahara Group Founder Subrata Roy Dies At 75 After Long Illness

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Subrata Roy, the founder of Sahara India Pariwar, breathed his last in Mumbai on Wednesday, November 14. He left the world at the age of 75. The founder has been suffering from a prolonged illness which led to his death. He was admitted to Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute(KDAH) on 12th Nov 2023 and succumbed to cardiorespiratory arrest due to complications arising from metastatic malignancy, hypertension, and diabetes and gradually a sudden decline in his health led to his death. Roy was a renowned personality in the Indian business landscape, having established a huge empire that led…