Business - The Purbottar

19 Oct

Dabur shares dip on cancer allegations in US

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Shares of Dabur Ltd fell sharply on October 19 on heavy volume after the company informed the stock exchange on October 18 of pending litigation against three US subsidiaries. According to the BSE filing, the cases are in the preliminary discovery stage of litigation and allege that a hair-relaxer product contains chemicals that can cause ovarian cancer, uterine cancer and other health problems. Lawsuits have been filed in both federal and state courts in the United States and Canada. Federal cases in the United States are consolidated as multi-district litigation, also called MDL. Dabur's subsidiaries Namaste, Dermoviva, and DINTL have…

18 Oct

Ujjwala Beneficiaries To Get Free LPG Cylinder As Diwali Gift, UP CM Adityanath Announces

Business Correspondent0 CommentsBusiness

Uttar Pradesh CM Yogi Adityanath on Tuesday said that the beneficiaries under Ujjwala scheme will be provided a cooking gas cylinder free of cost as a "Diwali gift" of 2023. "Prime Minister Narendra Modi has given a gift to every family through the Ujjwala yojna and reduced cylinder prices by Rs 300. Now we have also decided that every Ujjwala yojna connection beneficiary will be given one cooking gas cylinder free of cost as a Diwali gift," Adityanath said. Pradhan Mantri Ujjwala Yojana is a central government initiative which provides financial support for LPG connection to BPL (Below Poverty Line)…

18 Oct

Harley-Davidson X440 delivery to commence from 15th October

Business Bureau0 CommentsBusiness

Hero MotoCorp, the world's largest motorcycle manufacturer, is set to begin deliveries of its first co-developed premium motorcycle, the Harley-Davidson X440, on the first day of the Navratri festival, 15th October 2023. The motorcycle is being manufactured at Hero MotoCorp's Garden Factory in Neemrana, Rajasthan. The new booking window will open on 16th October, and customers can book the motorcycle at all Harley-Davidson dealerships and select Hero MotoCorp outlets across India. Customers can also book the motorcycle online. The motorcycle is available in three variants – Denim, Vivid, and S – at prices of INR 2,39,500/- (Denim), INR 2,59,500/- (Vivid),…

18 Oct

Rajeev Chandrasekhar took part in “Swachhata Hi Seva” campaign at New Delhi

Business Bureau0 CommentsBusiness

Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar participated in the "Swachhata Hi Seva" campaign at New Delhi's Safdarjung Railway Station on October 1, 2023. Atul Kumar Tiwari, Secretary of MSDE, senior officials, and the general public joined forces to contribute to a garbage-free India. On Mahatma Gandhi's 154th birth anniversary, Prime Minister Narendra Modi launched a citizen-centric movement called 'Ek Tareekh, Ek Ghanta, Ek Saath', inviting government officials and citizens to volunteer for a one-hour cleanliness drive, 'Shramdaan for Swachhata', on October 1. The Ministry of Skill Development and Entrepreneurship leads…

18 Oct

CII held a road show to announce EXCON 2023

Business Bureau0 CommentsBusiness

The Confederation of Indian Industry (CII) held a roadshow in the city to announce EXCON 2023, attracting industry leaders, government officials, and stakeholders from the infrastructure and construction equipment sector. EXCON, South Asia’s largest construction equipment exhibition organized by the Confederation of Indian Industry (CII) is scheduled from 12 - 16 December 2023 at the Bangalore International Exhibition Centre, Bengaluru. EXCON predicts India to become the world's second-largest and fastest-growing construction equipment market by 2030. This is due to policy reforms, rapid infrastructure expansion, and increased government spending on infrastructure projects, which will help India achieve this milestone. EXCON 2023,…

18 Oct

NESFB aims to merge with North East to Pan- India

Business Bureau0 CommentsBusiness

North East Small Finance Bank (NESFB) is set to merge with slice, demonstrating its commitment to integrating technology with community-driven financial inclusion in North East India. This strategic convergence will strengthen NESFB's commitment to the region and promote nationwide financial inclusion. The upcoming merger will be a significant milestone for the North East region, with a cumulative Tier 1 CAR exceeding 25%. It will connect North Eastern residents with a financial institution deeply rooted in their heritage. Dr. Ram Krishna Garg, Part-time Chairman, NESFB, added, “With the guidance of the Reserve Bank of India, we are advancing towards a brighter…

18 Oct

Tata Motors Authorized Dealerships issues EzServe Service Programme in Guwahati

Business Bureau0 CommentsBusiness

Tata Motors has launched the EzServe programme in Guwahati, a two-wheeler-based service offering customers a safe and convenient experience at their doorstep. The service, provided by Utkarsh Mototech Private Limited and Marwet Petroleum Agency, includes basic service, quick repairs, and issue resolution at the customer's preferred location. Since April 2023, the programme has helped over 400 customers in the city. The EzServe service is designed to save customers time and effort, offering a comprehensive kit for vehicle service and repair. The service includes three Fibre Reinforced Plastic (FRP) utility boxes on the bike's rear, which include spare parts, lubes, consumables,…

18 Oct

Elon Musk starts charging new users to create account on X

Priyanka Bhowmick0 CommentsBusiness, InternationalBusiness, international

X, the social network formerly known as Twitter, has begun testing $1-per-year subscription fees for new accounts on the web that want to post or interact with other users, saying this measure can reduce spam, automated bot accounts, and manipulation of its services. The test, called "Not a Bot," has been launched in New Zealand and the Philippines, X said in a blog post on Tuesday. New users who do not pay a fee cannot take certain actions, including writing, liking, replying or bookmarking posts on the site. "This will evaluate a potentially robust measure to help us combat bots…

18 Oct

Lakhs come together to make West Bengal child marriage free

Business Bureau0 CommentsBusiness

In a unprecedented show of solidarity, hundreds of villages in 22 districts of West Bengal organized awareness programs where an unprecedented number of men, women, and children pledged to eliminate child marriage from the state. The government directed the initiative, 'Child Marriage Free India', which involved people from various sectors, including police stations, courtrooms, panchayats, and community centers, from young children to old women survivors of child marriage. The entire country witnessed an overwhelming response, with crores of people joining in and taking pledges to end child marriage. Child Marriage Free India is a campaign by women activists and 160…

18 Oct

India to see record high business of Rs 4.25 lakh crore from 35 lakh weddings

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

According to a survey conducted by the research wing of the Confederation of All India Traders (CAIT), the wedding business is expected to register a record this year with around 35 lakh weddings and a turnover of around Rs 4.25 lakh crore, the highest ever. Traders across the country, including Delhi, are gearing up and preparing themselves for the upcoming wedding season, the first spell of which will begin from November 23 to December 15. "In Delhi alone, more than 3.5 lakh weddings are expected to take place this season, which could generate a business of around Rs 1 lakh…