Business - The Purbottar

02 May

Kotak Mahindra Bank share the audit result for FY23

Business Bureau0 CommentsBusiness

The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the audited standalone and consolidated results for the quarter and financial year ended March 31, 2023, at the Board meeting held in Mumbai. Kotak Mahindra Bank's PAT increased 28% YoY in FY23 to 10,939 crore, and Q4FY23 to 3,496 crore, up 26% YoY. Net Interest Income (NII) for FY23 and Q4FY23 increased by 28% and 35%, respectively. Net Interest Margin (NIM) was 5.33% and 5.75%, respectively. Fees and services increased by 25% and 22%, respectively. Operating profit increased by 23% and 39%, respectively. Net Interest Income (NII) for FY23…

01 May

Reliance Consumer Products, Ceylon Beverage Join Hands For Campa’s Expansion In India

Business Correspondent0 CommentsBusiness

Reliance Consumer Products (RCPL) and Ceylon Beverage International Pvt. Ltd. collaborated to deal with the packaging of the Campa Cola( a soft drink brand in India). "While Reliance is currently importing the cans of Campa from Sri Lanka, Ceylon Beverage International plans to also set up manufacturing units in India for RCPL," one of the executives said. "Additionally, RCPL may also get distribution rights for some of Ceylon Beverages' brands in India as part of the partnership," he added.

01 May

Byju’s CEO assures company’s compliance after raids over alleged forex law violations

Business Correspondent0 CommentsBusiness

Byju’s, the learning platform has cheered up its staff and partner for the positive support by the team during a weekend raid by Enforcement Directorate agency. The agency has investigated the Bengaluru based startup's office premises and digital documents as well as data, the agency said in a Twitter post. The probe is being conducted under the Foreign Exchange Management Act(FEMA), it said. “Byju’s has taken all efforts to fully comply with all applicable foreign exchange laws and all our cross-border transactions have been duly vetted by both its professional advisors/counsel and advisors/counsel of the investment funds and other sophisticated…

29 Apr

Emami’s Navratna Oil partners with singer Nilotpal Bora

Business Bureau0 CommentsBusiness

Navratna, the cool ayurvedic therapeutic oil from the house of Emami Limited associates with popular Assamese singer Nilotpal Bora for a multi-city ‘Bihu Trip’ across Assam over the months of April and May this year. Rongali Bihu, one of the most important cultural festivals in Assam, marks the beginning of the Assamese New Year and is characterized by vibrant celebrations, cultural performances, and community gatherings. To mark this celebratory season, Assamese singer Nilotpal Bora in association with Navratna Oil has been staging a multi-city performance at around 15 locations across Guwahati, Tezpur, Jorhat, Dibrugarh, Majuli, Sivsagar, Bogaigaon, Nagaon and many…

29 Apr

Heart patients in North-East India now have access to advanced techniques

Business Bureau0 CommentsBusiness

Dr. Dipankar Das, Chief Interventional Cardiologist cum HOD at Swagat Hospital, Guwahati, urges heart patients in North-East India to have better awareness and opt for superior technologies and better patient care. To reduce the possibility of arteries re-narrowing after stent placement following angioplasties, Dr. Dipankar Das has started to apply two advanced techniques: High Definition-Intravascular Ultrasound (HD-IVUS) and the Rotablator Rotational Atherectomy System or Rotablation.Dr. Das said, “IVUS allows us to see a coronary artery from inside-out. This unique HD view provides us with critical information that is not possible with routine imaging methods, such as coronary angiography performed in…

29 Apr

Vi offers Rs368 and Rs369 monthly recharges for Sun NXT & SonyLIV subscriptions

Business Bureau0 CommentsBusiness

India’s leading telecom service provider, Vi has introduced two entertainment loaded monthly recharges, to provide a binge worthy, and entertainment-filled experience for prepaid users across the country. These plans come with 1 month validity provide unlimited calls, 100 SMS/day, OTT benefit, and 2GB daily data. Vi's Rs 368 recharge offers prepaid users subscription to SunNXT on TV and Mobile, allowing them to enjoy regional movies, TV shows, music videos in Tamil, Malayalam, Telugu, Kannada, Marathi and Bangla. The subscription is over and above daily 2GB data + unlimited calls + 100 SMS per day, with the validity of telco and…

29 Apr

India Logs 7,171 New COVID 19 Cases

Priyanka Bhowmick0 CommentsBusiness, Covid-19, HealthCovid-19

India reported a one-day spike of 7,171 new coronavirus cases, while active cases declined to 51,314, according to union health ministry data updated on Saturday.With 40 deaths, the death toll rose to 5,31,508, of which Kerala, for 15, updated data at 8 am.The total number of Covid cases recorded at 4.49 crore.Active cases now account for 0.11 percent of total infections, while the national Covid-19 recovery rate has been recorded at 98.70 percent, according to the health ministry's website.The number of people who have recovered from the disease has increased to 4,43,56,693 while the case fatality rate has been recorded…

29 Apr

HMSI Conducts the Road Safety Awareness Program in Assam

Business Bureau0 CommentsBusiness

Re-emphasizing the need to build a culture of safe riding habits in India, Honda Motorcycle and Scooter India (HMSI) took forward its National Road Safety Awareness Campaignin Bongaigaon, Assam.Road Safety is a global priority for Honda a three-day camp held at PKM English Medium School, Bongaigaon Polytechnic and Birjhora Kanya Mahavidyalaya in Bongaigaon, from 26th to 28th April 2023. HMSI's road safety instructors used age-appropriate learning programs to spread awareness of safe riding practices to 3,000 school& college students& staff. The camp was successful. HMSI's National Road Safety Awareness program provided a scientifically designed learning module with theory sessions on…

29 Apr

Swiggy starts charging Rs 2 on every food order

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Process-backed food tech giant Swiggy has started charging all users a Rs 2 "platform fee" per order, regardless of cart value, as the company seeks to control its costs. The additional charge, initially introduced for users in cities like Bengaluru and Hyderabad, is currently being levied only on food orders and is yet to be introduced on quick-trade or Instamart orders. According to research, Swiggy is yet to introduce these charges in major cities like Delhi and Mumbai. The platform fee is for food delivery only. Whether they are Swiggy One customers or not, this is different from the handling…

29 Apr

The Defender line up has launched the new Defender 130 Outbound

Business Bureau0 CommentsBusiness

New Defender 130 Outbound is introduced to the Defender line up along with the 368 kW Defender 130 V8 and a new heritage-inspired County Exterior Pack for Defender 110.The new additions to the Defender brand offer more choice for Defender clients, whilst providing customary off-road capability and superior comfort. The New Defender 130 Outbound is the ultimate luxury explorer with luxurious interior space and all-terrain capability. It is available with five seats and up to 2516 l1 of space in the rear, making every adventure effortless. The Defender 130 V8 features a 5.0l supercharged V8 engine, 14-way electric driver memory…