Business - The Purbottar

06 Mar

Shyam Steel inaugurates new steel plant in Purulia, West Bengal

Business Bureau0 CommentsBusiness

Shyam Steel inaugurated its state-of-the-art Integrated Steel Plant at JSK-II, Purulia, West Bengal, today. The virtual presence of the Chief Minister of West Bengal, Mamata Banerjee, graced the momentous occasion, marking a new chapter in Shyam Steel's legacy of excellence. With a capital investment of Rs 1,500 crore, the Raghunathpur Steel Plant stands as a testament to Shyam Steel's commitment to innovation and sustainable growth. In its first phase of expansion, the plant boasts a robust steel-making capacity of 1.19 million tonnes per annum, equipped with cutting-edge technology including DRI Plants, Power plant, Steel Melting Shop, and a Rolling Mill,…

06 Mar

ICICI Prudential maintains stellar record with 98.6% claim settlement Rratio in Q3 FY2024

Business Bureau0 CommentsBusiness

ICICI Prudential Life Insurance stands out once again with a resounding claim settlement ratio of 98.6% for the third quarter of fiscal 2024. Life insurance serves as a vital pillar of financial planning, offering a safety net to families in times of crisis. For policyholders, the assurance that their loved ones will be taken care of in their absence is paramount. ICICI Prudential's consistent track record in settling claims underscores its commitment to this promise. The company's dedication to swift and hassle-free claim settlements is evident in its average turnaround time of 1.3 days for non-investigated claims, a feat achieved…

06 Mar

Filmfare set to host the inaugural edition of the Filmfare Awards Assamese 2024

Business Bureau0 CommentsBusiness

Filmfare, the leading Indian media institution, is set to host the inaugural edition of the Filmfare Awards Assamese 2024, partnering with the Jeewan Ram Mungi Devi Goenka Memorial Public Charitable Trust. The event, scheduled for March 10, 2024, will be hosted at the prestigious Taj Vivanta in Guwahati, with Kopil Bora and Aimee Baruah set to lead the event with their infectious energy and charisma. The awards ceremony will feature captivating performances by some of the biggest names in Assamese cinema, including Jatin Bora, Nishita Goswami, PreetyKongana, Urmila Mahanta, Priyam Pallabee, Ranjit Gogoi, Gayatri Hazarika and Dikshu Sarma. The curtain…

06 Mar

ONGC extended its support towards Assam Energy Institute

Business Bureau0 CommentsBusiness

India's premier energy conglomerate, ONGC, has reaffirmed its commitment to shaping the future of the energy sector by extending its support to the Assam Energy Institute. In a significant stride towards nurturing world-class talent in petroleum technology and the broader energy domain, ONGC has collaborated with the Assam centre of Rajiv Gandhi Institute of Petroleum Technology (RGIPT) to elevate it into a hub of excellence. The ceremonial inauguration of the newly constructed Academic Block, Boys’ Hostel, and Girls’ Hostel at the Assam Energy Institute in Sivasagar witnessed the esteemed presence of Shri Rameswar Teli, Union Minister of State for Petroleum…

05 Mar

PM Modi To Unveil India’s First Underwater Metro in Kolkata Tomorrow

Business Correspondent0 CommentsBusiness

PM Modi will inaugurate India’s first underwater Metro facility during his visit to West Bengal's Kolkata on March 6, marking a major step forward for transportation in the city. The under-water tunnel is part of the Kolkata Metro extension project, that will connect Salt Lake to Howrah via Kolkata with a stretch below the Hooghly river. This remarkable engineering feat features a 16.6 km tunnel under the Hooghly River. The metro aims to decrease congestion, reduce pollution, and establish a new mode of transportation.

05 Mar

IBM Technology Expert Labs will drive outcome-based engagements

Business Bureau0 CommentsBusiness

IBM) has announced its plans to expand the capacity of IBM Technology Expert Labs in India, aimed at aiding clients in leveraging technologies such as AI, Hybrid Cloud, and Cybersecurity to maintain competitiveness in today's dynamic business environment. With operations in Bengaluru and Kochi, the IBM Technology Expert Labs comprises a team of specialized technical professionals who will provide guidance, design, and execute outcome-based engagements for clients worldwide, ensuring tangible value and mitigating implementation risks. The move comes as businesses globally ramp up their adoption of transformative technologies like AI and Generative AI to drive innovation and efficiency. However, according…

05 Mar

Tata Motors approved the proposal of demerging its business

Business Bureau0 CommentsBusiness

The Board of Directors of Tata Motors Limited (TML) has approved the proposal of demerging its Commercial Vehicles and Passenger Vehicles businesses into two separate listed companies. The demerger will be implemented through an NCLT scheme of arrangement, with all shareholders holding identical shareholding in both entities. The Commercial Vehicles (CV), Passenger Vehicles (PV+EV), and Jaguar Land Rover (JLR) businesses have demonstrated strong performance by implementing distinct strategies. The demerger is a progression of the subsidization of PV and EV businesses done earlier in 2022. It will empower the respective businesses to pursue their strategies for higher growth with greater…

05 Mar

Union Minister Dharmendra Pradhan Inaugurates Skill India Centre in Angul

Business Bureau0 CommentsBusiness

Shri Dharmendra Pradhan, the Hon’ble Minister of Education and Skill Development & Entrepreneurship, inaugurated the Skill India Centre (SIC) in Angul, aiming to equip the Yuva Peedhi youth with employability and new-age skills, opening avenues for employment in domestic and global markets. The centre aims to become a futuristic hub by equipping the youth with futuristic skills in high-demand trades and catalyzing entrepreneurship and skill development on a large scale. It will enable the youth to leverage modern technologies, provide hands-on experiences on new-age technologies, and facilitate career advancement aligned with the demands of the future of work and skill…

05 Mar

NSDCI announced the launch of the Global Job Readiness Program

Business Bureau0 CommentsBusiness

NSDC International, a subsidiary of National Skill Development Corporation (NSDC), has launched the Global Job Readiness Program (GJRP) in partnership with Deakin University, an Australian institution. The program aims to improve the country's talent pool's industry-relevant skills to meet the demands of the global job market and international industries. The GJRP is available on the Skill India Digital Hub (SIDH) platform, providing a user-friendly and accessible way for learners to acquire the necessary skills and knowledge. This digital accessibility will help bridge the geographical divide, democratize access to high-quality education, and enhance employment opportunities. The platform offers a feasible interface,…

05 Mar

Tata Motors launches #DARK series for Nexon, Harrier, Safari and Nexon.ev

Business Bureau0 CommentsBusiness

Tata Motors continues to redefine automotive luxury and style with the launch of its #DARK series for the Nexon, Harrier, Safari, and Nexon.ev. The unveiling of these iconic SUVs in their #DARK avatars marks a new chapter in Tata's commitment to innovation and sophistication. The #DARK series, known for its opulent design and premium appeal, has been a trendsetter since its inception. Priced competitively, starting at ₹11.45 Lakh for the new Nexon, the range promises to elevate the driving experience for enthusiasts across the country. Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd., expressed his excitement, stating,…