Business - The Purbottar

09 Sep

Country’s First Underground Power Transformer In Bengaluru Installed

Business Correspondent0 CommentsBusiness

India's first underground electric transformer unveiled at Bengaluru's Malleswaram 15th cross on 5th of September 2023. It has been inaugurated by Energy minister KJ George. This development is a very good example of modernizing the power distribution infrastructure, it will enhance the safety of the people walking on the footpaths. From now onwards they can move without disruptions during maintenance works on overhead cables and related equipment. And there will no cable lines running overhead which most of the time disturb the construction works. Hence, it will provide an aesthetic look to the city. The project was accomplished with a…

09 Sep

Amazon to train, offer jobs to persons with disabilities in five states

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Amazon India entered into an agreement with the five states namely Haryana, Maharashtra, Gujarat, Karnataka and Tamil Nadu to uplift the status of physically challenged/disabled persons in the society. The MoU signed between Amazon and other five states aims to provide special training and guidance to employable Persons with Disabilities (PwD), which will help them to enter the working force of the country. The agreement has set a target of skilling the people by 2026. Different types of job such as packing, stowing, picking, and sorting etc. will be offered by the Amazon's different working networks like fulfillment centres, delivery…

09 Sep

Vi commemorates Teachers’ Day by felicitating over 5000 teachers across Bengal

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Vi, a leading telecom operator, celebrated Teachers' Day on Dr. Sarvepalli Radhakrishnan's 135th birth anniversary, paying tribute to teachers for their significant contributions to society, recognizing their role as the primary medium of knowledge. Under this initiative, Vi felicitated over 5000 teachers across Bengal who have tirelessly worked towards the betterment of the students from all strata of life. Reaching out to the teachers across Govt. and private schools of rural and urban Bengal, Vi expressed gratitude to the teachers with a special memento, for their enormous contribution in shaping a society and many generations. Presenting the teachers with a…

09 Sep

IBM renews collaboration with IIT-B and IISc

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IBM has reaffirmed its research collaboration with IIT Bombay and IISc Bangalore to drive innovative solutions in hybrid cloud and AI. IIT Bombay joined the IBM AI Horizon Network in 2018 to advance AI research in India and in 2021, IBM and IISc Bangalore launched the IBM-IISc Hybrid Cloud lab to advance research in hybrid cloud technologies and drive breakthrough innovations in this area. IBM is collaborating with students, faculty, and industry researchers to drive innovation and provide practical solutions to global challenges. The project aims to enhance technology and contribute to a more advanced future. Collaborations will focus on…

09 Sep

Tata Motors joins hand with Tata Power Renewable Energy Limited

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Tata Motors and Tata Power Renewable Energy Limited have signed a Power Purchase Agreement to develop a 12MWp solar project at their Pune commercial vehicle manufacturing facility. The project is expected to generate 17.5 million units of electricity annually, meeting 17.2% of the annualized requirement and potentially mitigating over 12400 tonnes/kWh of carbon emissions. This move aligns with Tata Group's commitment to environmental sustainability. The solar project is to be commissioned within six months after the PPA gets signedand will be a significant contributor to Tata Motors' long-term ambitions. The PPA will include rooftop installations. This 12MWp adds to existing…

09 Sep

Thums Up announces its upcoming campaign, “Thums Up Utha, India India Macha.”

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Thums Up, a Coca-Cola brand, is launching a campaign titled "Thums Up Utha, India India Macha" to promote India's determination for the ICC Men's Cricket World Cup, aiming to inspire and motivate fans to believe in India's journey to victory. The exhilarating chapter features cricket icons-Ravindra Jadeja, Jasprit Bumrah, Mohammed Siraj, and the dynamic captain Rohit Sharmain a film that is centred around –‘making India believe in Team India’. The heart of the campaign lies within its unique storytelling, brought to life by none other than The King of Bollywood, Shahrukh Khan as the ‘Voice of Belief.’ Commenting on the…

09 Sep

Shri Dharmendra Pradhan collaborates with Meta for education to entrepreneurship

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Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan announced a 3-year partnership titled "Education to Entrepreneurship: Empowering a Generation of Students, Educators and Entrepreneurs" between the Ministry of Education, Ministry Skill Development & Entrepreneurship, and Meta in New Delhi. Three Letters of Intent (LoI) were exchanged between Meta, NIESBUD, AICTE, and CBSE. Ministers Annpurna Devi and Rajeev Chandrasekhar also attended the event. Speaking at the event, Shri Dharmendra Pradhan said that the initiative launched today is in furtherance to Prime Minister Shri Narendra Modi’s vision of making India a skill capital of the world and empowering…

09 Sep

Get the best deals while shopping for your home with Amazon.in’s Home Shopping Spree

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Amazon.in is offering a 'Home Shopping Spree', allowing customers to elevate their living spaces and rediscover comfort. Popular brands like Hindware, Havells, Eureka Forbes, Sleepwell, Livpure, HIT, Jager Smith, Kimberly Clark, Buildskill, and BSB Home are participating. The experience aims to transform bedrooms into serene settings or kitchens with top-tier culinary products. From September 7-10, 2023, Amazon.in is offering up to 70% off on various home décor, home improvement, kitchen appliances, lawn & garden equipment, wall decors, mixer grinders, fans, vacuums, cookware, power tools, auto products, and bathroom fittings. The sellers are offering top deals on home and kitchen appliances,…

09 Sep

Indian Bank partners with IBM for scalable, agile computing infrastructure

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IBM and Indian Bank have partnered to modernize their front-end banking applications and address business growth in Core Banking Solution workloads. The collaboration focuses on secure compute infrastructure and deploying new applications. Indian Bank is one of the leading public sector banks in India, serving over 100 million customers with 5798 branches spread across the country and abroad. As part of their Project PARADISE, Indian Bank wanted to consolidate their Front Branch Servers for better manageability and availability at both Data Centres (DC) and Disaster Recovery (DR)centers, while also running their CBS workloads on the latest generation of IBM Power®…

09 Sep

IDBI Trusteeship files insolvency plea against Coffee Day

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

IDBI Trusteeship Services has filed an insolvency petition in the Bengaluru bench of NCLT against Coffee Day Enterprises Limited (CDEL) claiming dues of Rs 228.45 crore.The company is seeking appropriate legal advice and will take all appropriate steps to protect its interests in the above matter, CDEL said in a regulatory filing on Friday. "An application has been filed by IDBI Trusteeship Services Limited against the Company under Section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy Rules, 2019 in the National Company Law Tribunal, Bengaluru alleging default of Rs. 228.45…