Business - The Purbottar

05 Mar

IBM Technology Expert Labs will drive outcome-based engagements

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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

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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

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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

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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

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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,…

05 Mar

Tata Motors presented its next-generation green-fuel powered commercial vehicles to Tata Steel

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Tata Motors, India's largest commercial vehicle manufacturer, has unveiled its next-generation green-fuel-powered fleet to Tata Steel, including Prima tractors, tippers, and the Ultra EV bus, powered by Liquefied Natural Gas and battery electric technologies. The vehicles were unveiled during the Tata Group's Founder's Day celebrations in Jamshedpur. Present at the ceremony were Mr. T V Narendran, CEO & Managing Director, Tata Steel and Mr. Girish Wagh, Executive Director, Tata Motors, along with senior members of their leadership teams. Tata Motors has introduced a new fleet of commercial vehicles with advanced safety features, including ADAS, Electronic Stability Control, Active Traction Control,…

05 Mar

Flipkart unveils its UPI handle to further India’s digital economy vision

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Flipkart, India's e-commerce giant, has launched its UPI handle to enhance its digital payment services for its 500+ million customers, offering loyalty features like Supercoins, Cashbacks, Milestone benefits, and brand vouchers. With the tagline ‘India’s Most Rewarding UPI’, this innovative and secure solution marks a significant leap forward in enhancing the overall payment experience for users across India. Powered by Axis Bank,Flipkart UPI will initially be available for Android users. Customers can now register for UPI with @fkaxis handle and can do fund transfers and checkout payments using the Flipkart app. With UPI emerging as the preferred payment option, the…

05 Mar

National Stock Exchange surpasses milestone, investor base surges to 90 million unique registrations

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The National Stock Exchange of India (NSE) has crossed a significant milestone, with its investor base skyrocketing to 90 million unique registrations as of February 29th, 2024. This substantial surge marks a testament to the growing interest and participation in India's financial markets. The NSE's total client codes now stand at a staggering 169 million, showcasing a robust growth trajectory fueled by various factors including digitization, increased investor awareness, and favorable market performance. Over the past few years, the pace of unique investor registrations has been on an upward trajectory, with the latest addition of one crore investors occurring in…

04 Mar

Samsung launches new smartphone with 6000mAh battery in India

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Samsung on March 4 (Monday) announced the launch of a new smartphone - Galaxy F15 5G, with a 6000mAh battery and sAMOLED display in India. Available in three colours -- Ash Black, Groovy Violet and Jazzy Green -- Galaxy F15 5G comes in 4GB+128GB and 6GB+128GB storage variants. The product will be available on Flipkart, Samsung.com and at other selected retail stores from March 11 at a starting price of Rupees 11,999 (inclusive bank offers). Early sale of the Galaxy F15 5G will start from March 4, on Flipkart. Customers buying Galaxy F15 5G in the early sale will be…

04 Mar

India Permits 64,400 Tonnes Of Onion Exports To UAE, Bangladesh

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The government has allowed exports of 64,400 tonnes of onion to the United Arab Emirates and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications of the commerce ministry. Bangladesh will receive 50,000 tonnes of onion whereas UAE will receive 14,400 tonnes of it. "Export of 14,400 tonnes of onions, with a quantity ceiling of 3,600 MT (metric tonnes) quarterly, to UAE through NCEL is notified," the directorate general of foreign trade (DGFT) said in a notification.