Business - The Purbottar

28 Nov

Foxconn Plans Expansion In India With $1.6 Billion Outlay

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

iPhone maker Hon Hai Precision Industry Co. It plans to expand its footprint in India by investing another NT$50 billion ($1.6 billion) in construction projects. The announcement, made in an exchange filing in Taiwan late on Monday, gave no further details, saying only that the investment was "for operational needs". A company spokesman declined to say where the new facility would be or what they would build. Hon Hai, also known as Foxconn, and other Taiwanese electronics makers continue to diversify their businesses outside of China as tensions rise between Washington and Beijing.

28 Nov

HMD Global has regained its No. 1 position as per the IDC Q3’23 report

Business Bureau0 CommentsBusiness

HMD Global, the home of Nokia phones, has emerged as the undisputed leader in the feature phone market, securing the top position in market share by value and securing the second position by volume, according to the latest IDC Q3'23 report, yet again. The IDC report indicates that HMD Global has a significant increase of 4.2% in its market share, reaching 30.7% by value. In terms of volume, the brand holds a commendable 22.4% market share, marking a notable growth of 2.3% compared to the previous quarter. Nokia's performance in the feature phone market is attributed to strategic initiatives such…

28 Nov

Nissan announces second and third new electric vehicles for UK production

Business Bureau0 CommentsBusiness

Nissan announces second and third new electric vehicles for UK production. Nissan has announced that all three models produced at its UK plant will be 100% electric. The EV36Zero hub in Sunderland will consist of three electric vehicles (EVs), three gigafactories, and up to £3bn investment. This commitment will support Nissan's largest car plant in the UK, which will employ 7,000 UK employees and support 30,000 jobs in the supply chain. The transformational project includes future all-electric versions of Nissan's Qashqai and JUKE crossovers, as well as the next-generation Nissan LEAF. Both vehicle and battery manufacturing will be powered by…

28 Nov

Flipkart signs a MoU with NEHHDC to strengthen its commitment to socio-economic growth

Business Bureau0 CommentsBusiness

Flipkart has signed a Memorandum of Understanding (MoU) with the North Eastern Handicrafts & Handloom Development Corporation Ltd., Guwahati to strengthen its commitment to socio-economic growth in the Northeastern States. The MoU aims to enable national market access for women self-help groups from the Northeastern States and positively impact the livelihood of 1.5 million artisans, weavers, and Indian handicrafts. The MoU aims to create shared value for all stakeholders in the Northeast region, empowering artisans, increasing opportunities for handloom and handicrafts businesses, and enabling inclusion opportunities for women's self-help groups. NEHHDC, established in 1977, aims to develop and promote indigenous…

27 Nov

Eicher introduced the Non-Stop range of HD Trucks

Business Bureau0 CommentsBusiness

Eicher has launched the Non-Stop Series of Heavy-Duty Trucks, designed for fast-haul transportation in the country. The series includes four new trucks, each equipped with powerful and fuel-efficient engines. The Eicher Pro 6019XPT, Tipper, Eicher Pro 6048XP, haulage truck, Eicher Pro 6055XP, and the Eicher Pro 6055XP 4x2 tractor-trucks are part of Eicher's extensive line-up of Heavy, Medium, and Light Duty trucks and buses. The Eicher Pro 6048XP, with a 48-tonne GVW, is powered by a fuel-efficient VEDX8 engine that delivers a high power of 300 hp and a high engine torque of 1200 Nm. The Eicher Pro 6055XP and…

27 Nov

MAGGI to turn kitchen dreams into reality, with ‘MAGGI Apna Food Business’

Business Bureau0 CommentsBusiness

MAGGI is launching its latest initiative, 'MAGGI Apna Food Business,' to support budding home cooks across India. The initiative aims to equip aspiring content creators with the necessary skills and knowledge to become successful culinary content creators. The winners will also have the chance to win INR 5 lakhs in seed capital to start their own online food channel. MAGGI has been a trusted partner in India for four decades, igniting the culinary curiosity of budding chefs. Rajat Jain, Director, Foods business, of Nestlé India, praised the initiative for its commitment to celebrating chefs and being their ally. MAGGI Apna…

27 Nov

IndiGo passenger shocked by missing seat cushion on flight

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

A passenger on an IndiGo flight from Pune to Nagpur was shocked when he reached her seat, only to find half of his cushion missing. The passenger, Sagarika Patnaik – a resident of Nagpur — was traveling for work on IndiGo flight 6E6798 early on Sunday morning. Sagarika's husband, Subrata Patnaik, told TOI that his wife was allotted a window seat, Number 10A. "Once she reached her seat, she was shocked to find the cushion missing," her husband said. Sagarika raised the matter with a cabin crew member, who in reply asked her to look at the cushion under the…

26 Nov

Animal advance booking day 1: Over 1 lakh tickets sold, film collects Rs 3.5 crore

Business Correspondent0 CommentsBollywood, Business

Ranbir Kapoor starrer 'Animal' directed by Sandeep Reddy Vanga is an action packed avatar. The filmmakers opened its advance booking from Friday morning and the response has been tremendous. The movie will hit the theatres on 1st of December 2023. On the day of the counters opening up, Animal has sold over 50,000 tickets in the three national chains - Inox, Cinepolis and PVR. The record-breaking sell of tickets is inferred as one the biggest responses for a feature film in the post-pandemic world alongside the likes of Brahmastra and Tiger 3. The movie is outselling the 2023 blockbuster, Gadar…

25 Nov

The 7th edition of Sony BBC Earth Feel Alive Hours offers a journey of discovery and knowledge

Business Bureau0 CommentsBusiness

Sony BBC Earth's Feel Alive Hours is set to return for its seventh edition, aiming to provide an immersive journey of knowledge and exploration for young minds. This Inter-School Quiz Contest has been introduced to help students expand their horizons and connect with like-minded individuals. This year, the channel has elevated the stakes to an entirely new level, allowing individual participation in the quiz competition. It reaches over 250 schools nationwide and offers students an immersive experience through science experiments, interactive escapades, and mesmerizing content across various genres. The school contact program combines content viewing to help students explore science,…

25 Nov

Nutritional intervention is crucial for promoting optimal growth and development

Business Bureau0 CommentsBusinessBusiness

India currently has 40.6 million stunted children under five, a significant number compared to the global childhood stunting burden of 149 million children under five. This lag in growth can be linked to lifestyle factors such as dietary habits and physical activity, leading to malnutrition such as stunting, underweight, and wasting. Nutritional intervention plays a pivotal role in promoting optimal growth and development, with the absorption of nutrients being essential for a child's catch-up growth and stronger foundation. Stunting can cause poor cognition, educational achievement, lost productivity, and negative impacts on overall health. Nutrient deficiencies can lead to immune deficiencies,…