Business - The Purbottar

06 Jun

Amazon launched Echo Pop speakers

Business Bureau0 CommentsBusiness

Amazon has launched Echo Pop, a new addition to the Echo family of smart speakers, for INR 4,999. It has a semi-sphere form factor and is available in new colours such as Green and Purple. Its custom-designed front-facing directional speaker delivers loud sound, balanced bass and crisp vocals. Customers can ask Alexa in English, Hindi and Hinglish to play music, track cricket scores, control smart lights and plugs, set alarms and reminders, etc. Amazon's AZ2 Neural Edge processor enables faster responses for requests to Alexa. Echo Pop's front-facing directional speaker delivers clear vocals, balanced bass and loud sound. Customers can…

06 Jun

HDFC ERGO implements PMFBY in Tripura for Kharif season

Business Bureau0 CommentsBusiness

HDFC ERGO General Insurance Company has been authorized by the Government of Tripura to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loanee and non-loanee farmers in the districts of Dhalai, Gomati, Khowai, South Tripura, Sepahijala, West Tripura, Unakoti and North Tripura for the Kharif season 2023. The scheme will be implemented for the Aush Paddy and Aman Paddy crops. The details of the insurance cover will be available on the website of the Department of Agriculture. PMFBY scheme insures farmers against any losses in crop yield arising out of a wide range of external risks such as draught,…

06 Jun

ICICI Bank commits a contribution of Rs 1,200-Cr to Tata Memorial Centre

Business Bureau0 CommentsBusiness

ICICI Bank announced a commitment to contribute Rs 1,200 crore towards Tata Memorial Centre (TMC), a premier institution that runs cancer treatment and research centres across the country. ICICI Bank will donate the money from its CSR funds to set up three new buildings and equip them with state-of-the-art machines at TMC’s centres at Navi Mumbai in Maharashtra, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh. With the largest contribution from any institution to TMC, ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, will implement the initiative, which is likely to be completed by 2027. With modern equipment…

06 Jun

JLR has disclosed a new corporate identity to promote its vision of luxury

Business Bureau0 CommentsBusiness

Jaguar Land Rover has unveiled its new corporate identity as part of its move to a House of Brands organisation. It aims to remove ambiguity and bring to the fore the unique DNA of each of JLR's brands, Range Rover, Defender, Discovery and Jaguar, as well as accelerate the delivery of the company's vision to be Proud Creators of Modern Luxury. The creative process behind the new identity focused on elegance, modernity and a forward-thinking essence. The descending j aspires to add elegance, while the lighter weight of the emblem illustrates the step change to refinement and modernity. JLR reaffirmed…

06 Jun

Directorate General of Training teams up with Microsoft to train youths with industry-relevant skills

Business Bureau0 CommentsBusiness

The Directorate General of Training (DGT) and Microsoft have signed a Memorandum of Understanding (MoU) to train students and educators at government-led Industrial Training Institutes (ITIs) and National SkillTraining Institutions (NSTIs). Microsoft will offer a wide range of courses, including AI, cloud computing, web development and cybersecurity skills, to nearly 6,000 students and 200 faculty members. This collaboration is part of the Skill India Mission. This training will empower young students with industry-relevant skills, enhancing their employability and connecting them to relevant job opportunities. Students will learn from industry experts and engage in deep-dive sessions, multifaceted capstone projects. Train-the-Trainer workshops…

06 Jun

MSDE organises Jan Bhagidari events to encourage participation at G20

Business Bureau0 CommentsBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) announced the launch of Jan Bhagidari initiatives across the country, which will be undertaken between June 1st and 15th across all skill development institutions and centres. A special session on “Creating A Skilled and Atmanirbhar Bharat” was also conducted by NIESBUD under the aegis of MSDE. The initiatives will be undertaken between June 1st and 15th across all skill development institutions and centres. Narendra Modi's call for "Jan Bhagidari" to be a "People's Movement" is being implemented by institutions such as ITIs, JSS, PMKKs and polytechnics. The summit will include skill hackathons,…

06 Jun

TagZ Foods appoints Shikhar Dhawan as brand ambassador

Priyanka Bhowmick0 CommentsBusiness, SportsINDIA

TagZ Foods, a Bengaluru-based urban snack brand has announced that it has roped on Indian cricketer Shikhar Dhawan as an investor and brand ambassador. Shikhar Dhawan, known for his dynamic batting style, passion for fitness and strong appeal among young consumers, is perfect for TagZ Foods, which is committed to providing an appropriate snacking experience. This brand partnership aligns well with Dhawan's focus on fitness and active lifestyle choices. Talking about the partnership, Shikhar Dhawan said, "I am thrilled to be associated with TagZ Foods, a brand dedicated to promoting fitter snacking habits. As an athlete, I understand the importance…

06 Jun

In May 2023,Tata Motors registered total sales of 74,973 units

Business Bureau0 CommentsBusiness

Tata Motors Limited sales in the domestic & international market for May 2023 stood at 74,973 vehicles, compared to 76,210 units during May 2022. Total Domestic Sales for May 2023 was 73,448, which saw a decrease in total domestic sales from May 2022 which was recorded 74,755. HCV Trucks saw a 11% growth, ILMCV Trucks saw a -38% decrease, Passenger Carriers saw 7% growth, SCV cargo and pickup saw -19% decrease, and CV Domestic saw a -12% decrease. Total CV for May 2023 was 28989, down from 32818 in May 2022. MH&ICV sales in May 2023 were 11,442 units, compared…

06 Jun

Myntra and KMBL Join Forces to Launch India’s First Digital Fashion Co-Branded Credit Card

Business Bureau0 CommentsBusiness

The online fashion market is about to witness something unique as Kotak Mahindra Bank Limited ("KMBL"/Kotak) in partnership with Myntra, one of India's leading fashion, beauty and lifestyle destinations, announced the launch of its first-of-its-kind co-branded digital fashion & lifestyle credit card. The Kotak Myntra Credit Card offers fashion-conscious consumers the opportunity to unlock great value on their savings through unlimited transactions. It can be availed through a hassle free digital journey within minutes, across Myntra and Kotak mobile applications. Existing Myntra customers can apply for the card through the Myntra app itself. The co-branded credit card is designed to…

06 Jun

Byju’s files suit against lenders for ‘predatory tactics’

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Baiju filed a lawsuit against the lenders of its $1.2 billion term loan B, which it raised in November 2021 in the US. The company also said it will not pay any further interest until the case is resolved. “Byju's has taken the decisive step of filing a complaint in the New York Supreme Court challenging the acceleration of its $1.2 billion Term Loan B (TLB) and disqualifying a significant purchaser, Redwood Capital Management, against the terms of the TLB. The debt portion is primarily during trading in distressed debt," the company said in a statement. The company also said…