Business - The Purbottar

11 Jul

Tata AIA launched Small Cap Discovery Fund

Business Bureau0 CommentsBusiness

Tata AIA Life Insurance (Tata AIA), one of India's leading life insurers, has launched its first dedicated Small-Cap fund, Tata AIA Small Cap Discovery Fund. The New Fund offers policyholders long-term capital appreciation through investing in small-cap market capitalization stocks. The NFO window is open from July10 to July24, 2023, at Rs. 10 per unit. Small-cap stocks make up over 4500 Indian companies, with 500 having market caps above Rs. 2000 crore. These stocks offer a diverse range of investment opportunities, but are also susceptible to high volatility due to market dynamics. To fully enjoy returns from these funds, investors…

11 Jul

TVS Racing launches Apache Racing Experience GP Championship in 20 cities

Business Bureau0 CommentsBusiness

TVS Racing, the One Make Championship flagbearer in India, is launching it’s first-ever TVS Apache Racing Experience (ARE) GP Championship for TVS Apache owners. This event aims to make racing accessible and showcase the machines' racing capabilities in a thrilling, safe environment. With a rich racing pedigree, TVS Racing is committed to nurturing talent and providing platforms for enthusiasts to experience racing in a controlled environment. The TVS Apache Racing Experience (ARE) is expanding to include the ARE GP Championship, providing exclusive experiences for TVS Apache riders. The first season will engage over 1,000 customers in 20 cities, allowing them…

11 Jul

Shopsy’s celebrates second edition of the Mega Anniversary Sale

Business Bureau0 CommentsBusiness

Shopsy, India’s fastest-growing hyper value platform, celebrates two years of delivering value across tier-2 and tier-3+ regions and surpassing a milestone of 200 million Shopsy app downloads. To celebrate the platform's second anniversary, Shopsy’s second edition of the Mega Anniversary Sale went live recently on the platform. During the sale, the platform witnessed a whopping 2X uptick in units sold of which sarees, men’s t-shirts and kurtis were the most shopped products. Shopsy's demand for products has increased over 60% in the past two years, driven by value-seeking customers from tier-3 markets. The company's wide range, Flipkart brand trust, and…

11 Jul

Amazon launches Fire TV; streaming millions of movies and TV shows

Business Bureau0 CommentsBusiness

Amazon has announced that Fire TV customers can stream over a million movies and TV show episodes across 12,000+ apps, including Prime Video, Netflix, Disney+ Hotstar, Zee5, and Jio Cinema. They can also enjoy free/ad-supported content from platforms like MiniTV, YouTube, MX Player, TVFPlay, and YuppTV. Fire TV users can also access 70+ live channels from DTH set-top-boxes on their home screen. Prime Day 2023 offers 55% off on Amazon devices like Fire TV Stick Lite, Fire TV Stick, and Fire TV Stick 4K Max from 12:00 AM to July 16, 2023. A Fire TV Stick can be connected to…

11 Jul

Amazon India announces Prime Day 2023 deals

Business Bureau0 CommentsBusiness

Amazon India is hosting Prime Day 2023, a 2-day celebration to help Prime members discover joy and enjoy great deals across categories. The event will run from July 15th to 16th, 2023, and will feature thousands of deals across various products, including smartphones, consumer electronics, TVs, appliances, Amazon devices, fashion & beauty, home & kitchen, furniture, and everyday essentials. Prime members can also enjoy new product launches from over 400+ top Indian and global brands, as well as 2000+ new product launches from small and medium businesses. Amazon Pay will also offer the fastest Hotels and International Flights booking experience,…

10 Jul

Indian-origin business owners charged in a $53 million COVID relief program-related fraud

Priyanka Bhowmick0 CommentsBusiness, Covid-19, Health, IndiaBusiness, Covid-19, INDIA

A group of around 14 people, including several business owners and employees of Indian origin, have been charged in a massive fraud scheme involving a COVID-19 pandemic relief program in the US state of Texas. The case, considered the largest investigation to date by the Pandemic Response Accountability Committee (PRAC) Fraud Task Force, has led to the arrest of defendants across Texas, California and Oklahoma. The defendants are alleged to have defrauded the proceeds of the Paycheck Protection Program (PPP), a financial program introduced during the COVID-19 pandemic, as well as more than $53 million in loans to various financial…

10 Jul

Senco Gold & Diamonds launced its new showroom in Gangtok, Sikkim

Business Bureau0 CommentsBusiness

Senco Gold & Diamonds has opened its 141st nationwide showroom in Gangtok, featuring Eksha Kerung Subba and Chief General Manager Dhaval Raja. The showroom is located at Plot No. 1024, New Market, MG Marg, Mundra Building, Gangtok, East Sikkim – 737101. This new Senco Gold & Diamonds showroom in Gangtok covers an expansive area of 2581 sq ft. It will offer an exquisite collection of gold and diamond jewelry, highlighting the brand's exceptional artisanship and design expertise. Senco Gold & Diamonds offers uncompromising quality and attention to detail at a company-owned store, offering vailability of sub brands like Everlite, Vivaha,…

10 Jul

Tata Motors Group’s global wholesales grew 5% in Q1 FY24

Business Bureau0 CommentsBusiness

Tata Motors Group's global wholesales in Q1 FY24, including Jaguar Land Rover, increased by 5% compared to Q1 FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in 01 FY24 were at 88,456 nos, lower by 15%, over 01 FY23. Global wholesales of Tata Motors of passenger vehicles in Q1 FY24 were at 1,40,450 nos., which was higher by 8% as compared to Q1 FY23. Global wholesales for Jaguar Land Rover were 93,253 vehicles. Jaguar wholesales reached 10,324 vehicles, while Land Rover's reached 82,929 vehicles.

09 Jul

Unique deal on smartphone offers 2 kg tomato free of cost

Business Correspondent0 CommentsBusiness

The hike in price of vegetables has forced people to approach new techniques to increase the sale of the vegetables.The two incident about the sale of tomatoes has come into the limelight from two states namely Madhya Pradesh and Uttar Pradesh. A city in Madhya Pradesh called Ashok Nagar has witnessed an interesting offer with a purchase of smartphone a customer will be provided 2kg of tomatoes in free. Doing this has increased the numbers of customers to his shop. Have a look at his words: Abhishek Agarwal, the shop owner, explained, "Since tomatoes have become expensive and we wanted…

08 Jul

Cummins launches CPCBIV+ emission-compliant genset engines for power solutions

Business Bureau0 CommentsBusiness

Cummins India has launched its CPCBIV+ emission standard compliant genset engines, announcing the launch by key stakeholders including customers, suppliers, and senior Cummins officials. The CPCBIV+ compliant genset engines were launched by Cummins' Managing Director, Anjali Pandey, Business Head, Power Systems, and Genset Original Equipment Manufacturers. Cummins and its GOEM partners are launching a range of gensets up to 800 KWh, compliant with CPCBIV+ emission norms. These advanced engines feature advanced after-treatment systems and engineering expertise, improving fuel efficiency and load-taking capability. They facilitate reliable and seamless transition from the grid to genset power, even under extreme conditions. The engines…