Business - The Purbottar

29 Nov

Unity Bank has established its presence in the city of Joy – Kolkata

Business Bureau0 CommentsBusiness

Unity Bank has opened five new branches in Kolkata, aiming to capitalize on the city's growing business opportunities. State-of-the-art branches are opened at Central Avenue, Rashbehari Avenue, Sarat Bose Road, Shakespeare Sarani & Dalhousie. The bank offers easy, convenient, and smart banking facilities through its mobile app and new branches. It offers up to 9.5% per annum on fixed deposits and 7% per annum on savings accounts. The bank's unique features include digital onboarding, a state-of-the-art branch network, attractive interest rates, and wealth management solutions across insurance, mutual funds, and other asset classes. The bank aims to leverage the city's…

29 Nov

Simple Skincare Launches the Water Boost Range That Promises Upto 100 Hours of Hydration

Business Bureau0 CommentsBusiness

Simple Skincare has launched the Water Boost Range, offering four products that provide constant hydration throughout the day. The range includes four products, all dermatologically tested and approved, ophthalmologically tested, suitable for sensitive skin users, hypoallergenic, and non-comedogenic. The range is PETA certified cruelty-free and contains no color, perfume, alcohol, or harsh chemicals. Simple offers various skincare products, including the Water Boost Micellar Facial Gel Wash, Water Boost Hydrating Gel Crème for 100 hr hydration, Water Boost Skin Quench Sleeping Creme, and Hyaluronic Acid + Vitamin B5 Booster Serum. Simple Water Boost Micellar Facial Gel Wash effectively cleanses dry skin,…

29 Nov

Investing genius Charlie Munger passes away at 99

Priyanka Bhowmick0 CommentsBusinessBusiness

The death of Mr. Munger, Berkshire's vice chairman since 1978, marked the end of an era in corporate America and investment. "Berkshire Hathaway could not have been built to what it is today without Charlie's inspiration, wisdom and participation," Warren Buffett said in a statement. Tributes started pouring in from all corners Apple CEO Tim Cook paid tribute to Mr Munger He wrote, "A titan of business and keen observer of the world around him, Charlie Munger helped build an American institution, and through his wisdom and insights, inspired a generation of leaders. He will be sorely missed. Rest in…

28 Nov

Curbing Fraud: Government Plans Possible 4-Hour Delay for First UPI Transfers Above Rs. 2,000

Business Correspondent0 CommentsBusiness

The rising cases of online payment frauds have forced government to take the required action over the matter. As per the reports the govt. is in line to introduce a minimum time for a transaction beyond a particular amount done for the first time between two individuals. According to the draft of the plan on the table, a time limit of 4 hours will apply each time an individual makes the first payment over Rupees 2,000 to someone they have never transacted with before. While the officials are of view that the process may add some friction to online payments,…

28 Nov

Scapia raises $23M led by Elevation Capital and 3STATE Ventures

Business Bureau0 CommentsBusiness

Scapia, a fintech company aiming to make travel accessible through its suite of financial products, has raised $23 million in its Series A funding round, led by Elevation Capital and 3STATE Ventures. The funds will be used to grow the customer base, add more banking partners, and enhance the product offerings. Scapia's $23 million Series A fund-raise is a testament to the customers' love for its co-branded credit card and app experience. Within five months of launch, Scapia has gained widespread popularity and distributed its card in over 7500 pin codes. 40% of Scapia's users are from beyond the top…

28 Nov

Samsung Innovation Campus empowering the youth and create opportunities

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Samsung has upskilled 3,000 less-privileged students from eight Indian cities in future tech domains such as Artificial Intelligence, Internet of Things, Big Data, and Coding and programming under its flagship program, Samsung Innovation Campus. The program, executed by the Electronics Sectors Skills Council of India (ESSCI) through its nationwide network of approved training and education partners, aims to empower the country's youth and strengthen Digital India. The final batch of 120 students, from Babasaheb Bhimrao Ambedkar University in Lucknow, were felicitated and given certificates at a ceremony in Lucknow. Around a third of the 3,000 students trained under the program…

28 Nov

The Women Entrepreneurship Platform and MakeMyTrip have partnered to launch “Project Maitri”

Business Bureau0 CommentsBusiness

The Women Entrepreneurship Platform (WEP) and MakeMyTrip have partnered to launch "Project Maitri," a program aimed at supporting women's entrepreneurship and self-reliance in India's North-Eastern region. The initiative, launched at the Dorjee Khandu State Convention Center in Itanagar, aims to empower and inspire homestay owners across all northeastern states. The program will provide specialized training in hospitality, safety, digital marketing, and compliance, and recognize the top three homestay owners with awards. The initiative aligns with national goals of gender equality and economic development, with the potential to deliver long-term dividends as homestays in India can become a viable and lucrative…

28 Nov

TiE Delhi-NCR organizes ‘Malaria Hackfest – Predict, Plan & Prevent’

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TiE Delhi-NCR and Prayatna are partnering to host an IT-enabled innovation-based Hackfest, 'Malaria Hackfest - Predict, Plan & Prevent', powered by Mortein. The initiative aims to address gaps in surveillance, location spotting, and forecasting malaria outbreaks. The hackfest will invite top tech schools in India, including IITs, NITs, and IIITs, to scout for start-ups to address these gaps. The winner will receive up to INR 5 lakhs in awards. The major areas of concern for malaria improvement through IT-enabled innovation in India include real-time surveillance systems, forecasting increased mosquito infestations and malaria outbreaks, gradient heat mapping of hotspot areas of…

28 Nov

BITS Pilani and Aditya Birla Capital Foundation partners with NITI Aayog’s Women Entrepreneurship Platform to launch ‘Womenpreneurs for Bharat 1.0’

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BITS Pilani’s technology business incubator, Pilani Innovation and Entrepreneurship Development Society (PIEDS) has launched its start-up program, 'Womenpreneur for Bharat 1.0,' in partnership with the Women Entrepreneurship Platform (WEP) and supported by Aditya Birla Capital Foundation, the CSR arm of Aditya Birla Capital Limited. The program, which has Mrs. Rajashree Birla as its mentor and Mrs. Vishakha Mulye, Dr. Pragnya Ram, and Mr. Subhro Bhaduri as its board directors, aims to support women entrepreneurs in BITS Pilani. The Arunachal Pradesh government and the Women Entrepreneurship Platform announced a partnership at a workshop on 'Enabling Women-Led Development through Entrepreneurship'. The initiative,…

28 Nov

Amazon sign MoU with DGFT to position Districts as Export Hubs and enhance MSME exports from India

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Amazon India has signed a memorandum of understanding (MoU) with the Directorate General of Foreign Trade (DGFT) to enable micro, small and medium enterprises (MSMEs) and boost e-commerce exports in India. The MoU aims to co-create capacity building sessions, training, and workshops for MSMEs across 75 districts, part of the Districts as Export Hubs initiative outlined in the Foreign Trade Policy. The initiative aims to link local producers in rural and remote districts with global supply chains. The MoU was signed in the presence of Shri. Santosh Sarangi (Additional Secretary and Director General of DGFT), Chetan Krishnaswamy (Vice President, Public…