Business - The Purbottar

09 Feb

Samsung launches its first enterprise-focused smartphone, the Galaxy XCover 7

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Samsung has launched its first enterprise-focused smartphone, the Galaxy XCover 7. This rugged device offers exceptional usability and survival capabilities, aiming to ease professionals' lives by providing faster connectivity, seamless continuity, and minimizing interruptions, enabling them to work smarter and faster. The Galaxy XCover7 is a smartphone that offers 5G connectivity, improved processor performance, and increased memory. It features a powerful rear camera for barcode and QR code scanning and an expanded display size, allowing users to work in various settings. The device also has a POGO charging pin for convenient charging and increased touch sensitivity for glove-on usage. The…

09 Feb

Axis Mutual Fund announce the launch of ‘Axis S&P BSE Sensex Index Fund’

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Axis Mutual Fund has launched the Axis S&P BSE Sensex Index Fund, an open-ended index fund tracking the S&P BSE Sensex TRI benchmark. The fund will be managed by Mr. Karthik Kumar and Mr. Ashish Naik and will open on February 8th, 2024, and close on February 22nd, 2024. The minimum investment is Rs. 500 and in multiples of Rs. 1/- thereafter. The S&P BSE Sensex Index is a free float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The fund aims to provide returns before expenses that correspond to the…

09 Feb

Skill India initiative sparks entrepreneurial success in Sikkim, Shital Tamang’s journey from training to thriving enterprise

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In alignment with Prime Minister Narendra Modi's vision of a developed India by 2047, the Ministry of Skill Development & Entrepreneurship (MSDE) continues to empower individuals across the nation, fostering entrepreneurship and job creation. One such inspiring tale emerges from the serene landscapes of Sikkim, where Shital Tamang's journey from training to entrepreneurship stands as a testament to the transformative power of skills and determination. Under the Skill India Mission, Shital Tamang honed her passion for handloom into a thriving enterprise, M/S Sikkim Handloom and Handicrafts. Beginning her journey in 2013, Shital underwent training through MSDE's skill programmes from 2014…

09 Feb

Vividhta ka Amrit Mahotsav: A cultural extravaganza displaying Northeast India’s richness set to enthrall Delhi

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The capital city is set to witness a spectacular cultural journey as the inaugural chapter of "Vividhta ka Amrit Mahotsav" unfolds at Rashtrapati Bhavan from February 8th to 11th, 2024. Hosted under the esteemed patronage of the Ministry of Development of Northeastern Region and managed through its CPSE, Northeastern Handicrafts & Handlooms Development Corporation Limited (NEHHDC), the event promises to be a vibrant celebration of Northeast India's diverse heritage. Scheduled from 10 AM to 8 PM, the four-day extravaganza is part of Udyan Utsav 2024 and will showcase the rich tapestry of the region's culture, arts, and culinary traditions. The…

09 Feb

Atmastco Limited to open its SME IPO in February

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Leading Engineering, Procurement and Construction (EPC) company ATMATSCO LIMITED will open its Initial Public Offering (IPO) for subscription in February this year. The company will offer 73,05,600 equity shares, including 54,80,000 fresh issues and 18,25,600 through an Offer for Sale (OFS). The proceeds will be used for working capital requirements and loan repayments to become a provider of technology solutions in the EPC sector. The profit generated from the EPC sector will be used to produce defence systems until September 2024 through its subsidiary, Atmastco Defence Systems Private Limited. With an order book exceeding Rs 700 crores, Atmastco is set…

08 Feb

Shaadi.com CEO Slams IndiGo For ‘Inhumane’ Treatment Towards Passengers

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Anupam Mittal the CEO of Shaadi.com and a judge on Shark Tank India, took to X to express his discontent with IndiGo Airlines for what he describes as "inhumane" treatment towards the passengers. Mittal's grievances stem from two separate instances of significant flight delays he faced while flying with the budget carrier. His first discontent aroused during a flight from Delhi to Mumbai, where passengers were left waiting on the tarmac for over 45 minutes without air conditioning, apparently to reduce costs. The second incident took place on his return journey from Mumbai to Delhi, where the delay extended to…

08 Feb

42% of Indian kirana stores have already shifted away from Paytm: Report

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After the RBI's restrictions against Paytm Payments Bank last week, 42 % of kirana stores have shifted from Paytm and started using other mobile payment apps, according to a survey by Kirana Club on Thursday. As per the survey, which covers 5,000 respondents, nearly 20 per cent said they intend to use other payment apps. The survey said the trust in Paytm has been lost among 68 % of Indian Kirana stores after the RBI statement. "The survey revealed another stark finding about the trust among local retailers regarding Paytm. It indicates that trust in Paytm has decreased among 68…

08 Feb

MG Motor India acknowledges 100 years with Wow Offerings

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MG Motor India is celebrating its centenary by offering Wow prices for its 2024 model range to delight car buyers. The company has introduced a new trim of the MG ZS EV along with Wow prices for the MG Comet EV, MG Hector, and MG Gloster. The MG ZS EV 'Executive' is a luxurious electric vehicle with over 75 connected features, priced at INR 18.98 Lakh. It features a 50.3kWh Prismatic cell IP69K Rated ASIL-D & UL2580 battery. The MG Hector, India's first Internet SUV, offers advanced features like Panoramic Sunroof, HD portrait infotainment system, Digital Key, and ADAS Level.…

08 Feb

IHG® Hotels & Resorts signed management agreement for the Holiday Inn in Guwahati

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IHG® Hotels & Resorts has signed a management agreement with Yuvaan Developers Private Limited for Holiday Inn Guwahati in India's North-East region. Scheduled to open in January 2028, the new-build 150-key hotel signifies a significant stride towards IHG’s expansion strategy in secondary markets, in line with the growing demand for quality branded accommodation in the country. Guwahati, a gateway to northeastern India, is a thriving economic hub with Special Economic Zones, industrial manufacturing, healthcare, and education sectors. It's also a popular tourist destination, attracting visitors to tea gardens, wildlife sanctuaries, and ancient temples. The city is a hub for investment,…

08 Feb

24 Hours Toyota Hackathon successfully concluded in Bangalore

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Toyota Kirloskar Motor (TKM) announced the successful completion of its 24-hour Toyota Hackathon, held at the RV Institute of Technology and Management in Bangalore, to promote road safety. The event was presided over by Chief Guests Shri. H C Balakrishna, MLA Magadi, Chairman of Karnataka Road Development Limited, Shri. Sharath Bache Gowda, Chairman of Karnataka State Electronics Development Corporation Limited (KEONICS), Guest of Honour Shri. J. Purushotham, Additional Commissioner for Transport & Director – Road Safety Cell, Transport Department, Government of Karnataka, Special Invitee Mr. Brijesh Agarwal, Vice President- Operations at Consero Global, and TKM's Senior Executive Mr. Sudeep S.…