Business - The Purbottar

20 Jul

All new-generation, cutting-edge range of gensets by Tata Motors

Business Bureau0 CommentsBusiness

Tata Motors, India’s leading automobile company, has launched the new-generation, cutting edge range of gensets in India. Tata Motors Gensets are high-performance, CPCB IV+ compliant gensets available in 25kVA to 125kVA configurations. These fuel-efficient, block loading engines offer lower operating costs and uninterrupted power delivery for businesses. Designed and tested at Tata Motors' R&D facility, these engines are suitable for diverse applications. Mr. R Ramakrishnan, Senior Vice President, Spares and Non Vehicular Business – Commercial Vehicles, Tata Motors, commented,“The state-of-the-art gensets deliver an enhanced performance, are more fuel-efficient and come with a strong block loading capability that ensures lower operating…

20 Jul

Reliance spin-off Jio Financial’s share price set at Rs 261.85 per share

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

The share price of Jio Financial Services, the spin-off financial services unit of Reliance Industries, unexpectedly rose to Rs 261.85 during a special trading session dedicated to its parent company's stock on Thursday.On Thursday, Reliance's stock was trading at Rs 2,580 per share, against Wednesday's previous closing price of Rs 2,841.85. Market analysts had initially estimated the share price of the entity named Reliance Strategic Investments, which will now be known as Jio Financial Services, which will be priced between Rs 160 and Rs 190 per share.While JFS stocks have been included in major indexes, including India's benchmark Nifty 50,…

19 Jul

Govt Further Cuts Tomato Price; To Be Sold At Rs 70 per kg By NCCF, NAFED From Thursday

Business Correspondent0 CommentsBusiness

Due to a change in climate and the pattern of monsoon the prices of vegetables were touching sky. Consumers have been facing problems due to rise in prices of tomatoes and it has led to the creation of epic stories by vegetable sellers. To provide relief to the consumers govt. has directed NCCF and NAFED to sell tomatoes at rupees 70 per kg from Thursday, July 20. "The Department of Consumer Affairs has directed NCCF and NAFED to sell tomatoes at retail price of Rs 70 per kg rate from July 20, 2023, in view of the declining trend in…

19 Jul

HCCB renews MoU with Telangana for 10,000 college student skilling

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Hindustan Coca-Cola Beverages (HCCB), one of India’s leading FMCG companies, has announced the renewal of its MoU with the Department of Industries & Commerce, Government of Telangana, to upskill an additional 10,000 college students by 2023-24. Earlier, HCCB and the Govt of Telangana, together trained a total of 10196 students in the state to date in the first year of their partnership in 2022. HCCB and Telangana announced extension of initiative in presence of Mr. Ch Malla Reddy, Minister for Labour, Employment, Factories, Skill Development. The "Campus to Corporate" program aims to upskill college students and prepare them for the…

19 Jul

Spark Minda secures Battery Charger order valued at INR 750-cr

Business Bureau0 CommentsBusiness

Minda Corporation Limited, the flagship company of Spark Minda has secured a significant contract from a leading OEM to produce Battery Chargers for Electric Vehicles (EVs). The lifetime value of the order is INR 750-crore. This big order win underscores company's commitment towards sustainable mobility and enhances its range of EV offerings.Mr. Aakash Minda, Executive Director said, “This prestigious order is a testament to Spark Minda’s robust EV product portfolio and our focus on customer-centricity. This milestone underlines our commitment towards promoting sustainable mobility and our ability to adapt to the evolving demands of the global automotive industry”.The awarded product…

19 Jul

Adani Group Chairman visits Bangladesh Prime Minister

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Adani Group Chairman Gautam Adani met with Bangladesh Prime Minister Sheikh Hasina in Dhaka after the full load commencement of power supply from India's Godda USCTPP. This marks the Adani Group's entry into transnational power projects, where 100% of generated power is supplied to another nation. Adani Power Jharkhand Ltd, a subsidiary of Adani Power, completed the dependable capacity test for the Godda plant in India on 12 July. The test, a mandatory requirement under the power purchase agreement with Bangladesh, evaluated the simultaneous functioning of the plant's two units. The first 800 MW unit began commercial operations on 6…

19 Jul

L’oreal Paris ropes on Kendall Jenner as new Global Ambassador

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

According to The Sun, the model and reality TV star has reportedly signed an $11 million deal to represent the French beauty brand. Jenner followed in the footsteps of other iconic women, such as Helen Mirren, Jane Fonda, Jennifer Aniston and Eva Longoria as the new faces of L'Oreal."I'm honored to be part of a new sisterhood of strong, powerful women and to say those iconic words, I deserve it. It feels like a true full-circle moment to join the L'Oréal Paris family and have the opportunity to embody everything the brand is about." ,” Jenner said. "No one defines…

19 Jul

Samsung India announces top 10 Solve for Tomorrow teams

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Samsung India announced the Top 10 teams of its national education and innovation competition, ‘Solve for Tomorrow’, celebrating the spirit of innovation, enterprise and social responsibility amongst India’s Gen Z. The program ends with the announcement of three national winners, each with a chance to win INR 1.5 crore in prize money. Name of top ten teams are Demeter, Hackvengers, Jalraaj, Milaan, Musketeers, NIT Surat, Releathered, TEG, Think, Touchpad. Top 10 cities teams tackle real-world problems like seawater conversion, pest identification, food waste, beach cleaning, sustainable tanning, and accessibility for hearing loss individuals. They also aim to bridge communication gaps,…

18 Jul

Bajaj Allianz Life Insurance nominated for the Tripura’s State Insurance Initiative

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Bajaj Allianz Life Insurance, one of the leading private Life Insurance companies in India, has been nominated by Insurance Regulatory and Development Authority of India (IRDAI) as the lead insurer (for Life) for the state of Tripura, to improve insurance awareness and penetration across the state. A State Level Insurance Committee, constituted by IRDAI, state government, and insurers, began operations in Agartala. ICICI Lombard GIC Ltd., along with Bajaj Allianz Life, was nominated as the lead insurer in the Non-Life Segment. The State Level Insurance Committee aims to implement the State Insurance Plan, ensuring accessible insurance services for the uninsured…

18 Jul

Visa unveils She’s Next program in India to support women in business growth

Business Bureau0 CommentsBusiness

Visa launched She's Next in India, a global program empowering women to fund, run, and grow their businesses. The program provides practical insights, networking, mentoring, and funding opportunities for women-led small businesses.The grants program will be open to applications from women-owned and women-led businesses from 14 July 2023 to 27 August 2023. Following a rigorous screening process, the shortlisted businesses will undergo a jury review. Of this, three women entrepreneurs (particularly small business owners) will be selected as winners for a grant of $10,000 each. Commenting on the launch, Sandeep Ghosh, Group Country Manager, India & South Asia, Visa,…