Business - The Purbottar

24 May

TPEM and TMPV join hands with Bajaj Finance

Business BureauBusiness

Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, India’s leading automotive manufacturer, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of India’s leading and most diversified financial services groups, to extend supply chain finance solutions to its passenger and electric vehicle dealers. The participating companies will collaborate under a memorandum of understanding to utilize Bajaj Finance's extensive network to assist dealers of TMPV and TPEM in obtaining funding with minimal collateral. The MoU for this partnership was signed by Mr. Dhiman Gupta, Chief Financial Officer, Tata Passenger Electric…

24 May

Sensex jump over 1% after RBI increases dividend, Nifty at record high

editorBusiness

The surge in both indices comes a day after the Reserve Bank of India (RBI) board approved the highest-ever surplus transfer of Rs 2.11 lakh Crore to the government for 2023-24.On Thursday (May 23), the domestic stock market rose by more than 1 percent, Sensex rose by more than 1,000 points and Nifty crossed the 22,900 level for the first time.During today's trading session, BSE Sensex had reached an intraday high of 75,407.39. The 30-share index had hit 75,095.18 in intraday trades on May 3. NSE's Nifty 50 hit a record high of 22,959.70 during afternoon trade.The surge in both…

23 May

Samsung “Solve for Tomorrow” Holds First-Ever Design Thinking Workshop

Business BureauBusiness

Samsung, India's largest consumer electronics brand, has launched the country's first-ever design thinking and training workshop in select schools. Samsung's 'Solve for Tomorrow' initiative focuses on improving students' problem-solving, critical thinking, creativity, and probing skills through the Human-Centered Design Thinking framework. The national education and innovation competition aims to foster a culture of innovation amongst the next generation. The workshops aim to integrate design-thinking education into academic curriculums and assist over 2,000 school students in applying for competitions. The winning team of School Track, known as the 'Community Champion,' will receive an INR 25 Lakh grant for prototype advancement. The…

23 May

CLEAN & CLEAR® excited to unveil its latest digital film ‘Pimple Hi Toh Hai’

Business BureauBusiness

CLEAN & CLEAR®, India's leading teen skincare brand, has released a digital film as part of its 'Pimple Hi Toh Hai' campaign, offering a fresh perspective on teen pimples, encouraging teenage girls to embrace the unexpected while maintaining focus on important matters. Skin confidence is crucial for a teen's self-esteem, but a pimple can disrupt plans and ruin their vibe. The CLEAN & CLEAR® Foaming Facewash® is an improved product designed to help teens manage pimples and dryness. It contains 50% more pimple-fighting ingredients and uses 4x hydrating ingredients to retain 99% natural moisture, resulting in glowing, fresh skin. CLEAN…

23 May

Glenmark Pharma Marks the End of Hypertension Awareness Month in India with Massive Healthcare Collaboration

Business BureauBusiness

Glenmark Pharmaceuticals Limited, a global pharmaceutical company, has marked May as the 'Hypertension Awareness Month’. Glenmark Pharma concludes Hypertension Awareness Month in India. Glenmark partnered with more than 1000 healthcare professionals (HCPs) from in 250+ cities and towns across the country, and organized 400+ public awareness rallies and screening camps to create mass awareness around Hypertension (High Blood Pressure). The rallies consisted of general informative sessions led by HCPs, who provided detailed insights on the signs, symptoms, and preventive measures related to Hypertension. Subsequently, blood pressure screening camps were set up to offer the general public an opportunity to assess…

23 May

Flipkart offers One-Stop Shop audio products for Every Budget & Style

Business BureauBusiness

Flipkart offers a wide selection of audio products from top brands, catering to music enthusiasts, gamers, and everyday earbud users. With unbeatable value, incredible deals, and no-cost EMI options, Flipkart provides a curated selection of audio companions within your budget. Dive into the curated selection and discover the perfect audio companion, all within your budget, only on Flipkart. The Realme Air 5, OnePlus Nord Buds 2, and CMF by Nothing Buds are top ANC picks on Flipkart for those seeking noise cancellation technology for music or calls. The Realme Air 5 has a 38-hour battery life, while the CMF by…

23 May

Flipkart Grocery’s 1.6X growth: A lesson in innovation and sustainability with EV deliveries

Business BureauBusiness

Flipkart Grocery is setting new standards in the e-commerce industry, achieving a notable 1.6X year-on-year growth. This success story is an excellent case study in blending innovation, customer satisfaction, and sustainability. Flipkart stands out as the only e-commerce platform providing next-day delivery in over 200 cities, covering major metros like Bangalore, Chennai, Kolkata, Mumbai, and New Delhi, as well as tier 2+ towns such as Anantapur, Berhampore, and Vellore. This expansive reach is supported by value offerings, convenient delivery slots, and a diverse selection of fresh groceries, appealing to a wide range of customers. The key to Flipkart’s success lies…

23 May

Oriflame names first female head in India, targets youth with sustainable wellbeing and financial freedom

Business BureauBusiness

Oriflame, the Swedish wellbeing brand, has appointed Edyta Kurek as its first female head in India. This strategic leadership move aligns with the company's mission to empower the next generation with wellbeing and financial independence. At a two-day seminar at the Jio Centre in Mumbai, Oriflame showcased its commitment to micro-entrepreneurship and sustainability. Over 1,200 brand partners celebrated the success of Oriflame's social selling model, which equips individuals with essential skills and training."Our social selling model empowers individuals to achieve both wellbeing and financial freedom," said Edyta Kurek, Senior Vice President and Head of India and Indonesia. "We are fostering…

22 May

‘Blum’ announces first experience centre in Northeast India

Business BureauBusiness

Blum India has inaugurated its first-ever Experience Centre in the Northeast, located in the vibrant city of Guwahati. The centre, opened in partnership with Jain Interior Solution, marks a significant expansion in Blum’s national footprint. The grand opening event saw the presence of Mr. Nadeem Patni, Managing Director of Blum India, and Mr. Ravi Jain, Owner of Jain Interior Solution. They emphasized the importance of their collaboration in enhancing the furniture experience in the region. Mr. Patni highlighted the untapped potential of the Northeast, stating, "The Northeast region of India holds significant geostrategic importance, and the ongoing economic advancement in…

22 May

Lemonn Enhances User Experience: Introduces Zero-Commission Mutual Funds

Business BureauBusiness

PeepalCo's latest offering, Lemonn has launched Mutual Fund investment service on the app to help new investors diversify their investments. This marks a significant step towards the company’s goal of evolving into a comprehensive wealth-tech player. Lemonn allows users to directly invest in mutual funds at a commission-free rate starting at INR 100, and track their investments on third-party apps using the Portfolio Import feature. The app offers schemes from over 40 fund houses, including major AMCs such as HDFC, SBI, Axis, to name a few. Only a week prior, the platform introduced Futures and Options (F&O) trading with zero…