Business - The Purbottar

01 Sep

Meet Jaya Verma Sinha, the first woman CEO of 166-year-old Railway Board

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Jaya Verma Sinha who is currently working as a member of Operations and Business Development has been appointed as the chairman and CEO of the Railway Board.She is the first woman chairman and CEO of the Railway Board and has served at least 35 years at the Indian Railways. "The Appointments Committee of the Cabinet has approved the appointment of Jaya Verma Sinha, Indian Railway Management Service (IRMS) Member Operations and Business Development) Railway Board to the post of Chairman and the CEO…with effect from the date of assumption on or after September 1, 2023, a government notification read. Sinha…

01 Sep

FFACE launches Fabriq at e-commerce platform

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FFACE launches 10th Edition on 27th August 2023 at Aqua, The Park Kolkata, marking a significant milestone in its journey. FFACE 10th Edition launches with transformative collaborations, featuring notable figures from the entertainment industry. The event features Sean Banerjee, Swastika Dutta, Ananya Guha, Rahul Dev Bose, Indrasish Roy, and Director Choreographer Baba Yadav. Edition X registrations will go live on August 31, 2023, on the official website. Fabriq is introducing an innovative clothing brand curated by Falaque Rashid Roy, under the esteemed banner of FFACE. Fabriq India is a new ethnic men's wear brand offering a contemporary fusion of modern…

01 Sep

Lakme Salon strengthens its foothold in Siliguri

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India’s first and leading beauty and wellness salon chain, Lakmé Salon has launched its newest outlet in Siliguri (West Bengal) adding another milestone to its expansion journey. This new one-stop beauty and grooming destination will offer the best in hair, makeup, skin care, nails, and hand and foot services to all discerning Siliguri customers, bringing a world-class salon experience with a strong focus on hygiene and safety protocols in accordance with government guidelines. This leading and largest salon chain, with nearly 40 years of industry leadership and a presence in 160+ cities across the country, brings the backstage expertise and…

01 Sep

Tata Passenger Electric Mobility announces new brand identity

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EV offerings grow due to consumer demand and product lineup, requiring unique experiences across touchpoints, brand, product, and ownership cycle. TATA.ev identified a clear need for a new consumer-facing brand identity that strengthens commitment to the future of mobility. The word “move” captures how the company is in the business of mobility but also acts as a launchpad to think of this new brand identity as a collective human movement towards EVs, and towards a Safer, Smarter, Greener future. TATA.ev emphasizes responsibility, collective action, and future readiness through words "with meaning" in its intent, highlighting its commitment to a brighter…

01 Sep

KMBL launches Sankalp Savings Account

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Kotak Mahindra Bank Limited (KMBL) has launched the Sankalp Savings Account, catering to rural and semi-urban customers' cash-based banking needs. The account offers nil charges on cash deposits and withdrawals up to Rs 24 lakh annually, as well as flexibility in account balance maintenance. Additionally, it offers special interest rates on gold, two-wheeler, and tractor loans. Kotak Mahindra Bank has launched the Sankalp Savings Account for emerging customers with incomes beyond agriculture and farming. The account provides banking services, complimentary talk time, and a Payshopmore debit card for rural and semi-urban customers. Opening is quick and convenient through Kotak's website,…

01 Sep

TKM unveils prototype of the BS6 (Stage II) Electrified FlexFuel Vehicle

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Toyota Kirloskar Motor (TKM) unveiled a Prototype of the World's First BS6 (Stage II) Electrified Flex Fuel Vehicle. This milestone reaffirms and demonstrates TKM’s dedication and ongoing endeavours to introduce advanced & green mobility solutions in line with the nation’s key priorities. The challenge with FlexFuel Vehicles is lower fuel efficiency of Ethanol due to its lower energy density. Globally to counter this challenge, Electrified FlexFuel Vehicles are being introduced, as an advanced green technology that has both the flex fuel engine as well as an electric powertrain. Electrified FlexFuel Vehicles provides the twin benefit of higher fuel substitution (with…

01 Sep

Max Life Retirement Survey reports IRIS rises 3 points to 47

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Max Life Insurance Company Ltd. (“Max Life”/ “Company”) has unveiled the findings of the third edition of its retirement survey, India Retirement Index Study (IRIS), conducted in partnership with KANTAR, the world’s leading marketing data and analytics company. The survey assesses urban India's preparedness to live a healthy, peaceful, and financially secure retired life. For the digital study*, 2,093 respondents were surveyed across 28 cities in India. Urban India's retirement index has risen from 44 to 47, attributed to a 3 point increase in health awareness from 41 in IRIS 2.0 to 44 in IRIS 3.0. Urban Indians are increasingly…

31 Aug

Deendayal Port Authority, Kandla and DP World signs Concession Agreement

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The concession agreement ceremony was graced by the august presence of Shri Sarbananda Sonowal, Hon’ble Union Minister for Ports, Shipping & Waterways and AYUSH; His Excellency Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World; Shri Shripad Naik, Hon’ble Minister of State for Ports, Shipping & Waterways and Tourism; Shri Shantanu Thakur, Hon’ble Minister of State for Ports, Shipping & Waterways; Shri T.K. Ramachandran, Secretary to the Govt. of India, MoPSW and other Senior officials of MoPSW and DP World. On August 25, 2023, Shri S.K. Mehta, Chairman of Deendayal Port Authority, and Shri Rizwan Soomar, MD & CEO…

31 Aug

Bacardi India introduces Legacy whisky, marking Made-in-India journey

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Bacardi India launches 'Legacy', its first-ever made-in-India whisky innovation, entering the Indian-made whisky segment. India is one of the fastest growing markets for Bacardi globally, and the organization is rapidly investing behind its strategic and ambitious vision for the market. The new premium Indian whisky - Legacy - which truly embodies the culture and passion of India, has been introduced across shelves in Assam. Legacy, Bacardi's premium Indian whisky, is crafted with Indian grains and a blend of Indian and Scottish malts. It has a rich, peaty flavor, fruity notes, and toasted oak undertones. The Indian whisky market is expected…

31 Aug

Airtel, Frontier, Mastercard introduced She Leads Bharat:Udyam

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Airtel Payments Bank, Frontier Markets, and Mastercard Center for Inclusive Growth launched She Leads Bharat:Udyam, an initiative to empower 100,000 women-owned small businesses with resources and opportunities for income growth. The initiative was announced at the Asia Inclusive Growth Forum, where over 100 leaders discussed inclusive growth in India and the global south. Frontier Markets is launching an initiative to empower 100,000 women-owned small businesses in Rajasthan and Uttar Pradesh through its Meri-Saheli platform. 10,000 of these businesses will become Airtel Payments Bank Business Correspondents (BCs) to unlock additional revenue streams. The initiative aims to empower women-owned small businesses by…