Business - The Purbottar

29 Aug

RIYA aims 20% market share in the perfume market by 2025

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RIYA has completed the milestone of 25 years in the perfumes industry with a turnover of INR 80 crore despite pandemic-led market challenges in FY 2021-2022. The homegrown brand, which has a pan India presence, is targeting a 20% market share in the growing perfume industry by 2025 to achieve INR 240 crore turnover.Founded in Kolkata in 1997, RIYA has also been certified to be the Perfume Segment Leader in India by Value Share for the third consecutive year by the prestigious Nielson IQ Retail Audit Report, Jan-Dec 2021. Mr Aditya Vikram Daga, Founder & CEO, Purpos Planet, said, ““RIYA…

29 Aug

Amazon’s DSP launches first all-women delivery station in NE region

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Amazon India announced the launch of Northeast’s first all-women delivery station in Mizoram which will be operated by its Delivery Service Partner (DSP). The newly launched station is situated in Champhai, close to the India-Myanmar border. The station is run by Christina Rindiki, an entrepreneur who started a last mile delivery company called Servico with Amazon’s DSP program. This station will help deliver Amazon packages to customers in neighboring areas like Kanan, Kahrawt, Venglai, Vengthlang, Vengsang, and Bethel among others. The launch of this additional delivery station in the North-east region not only enables Amazon India to further deepen its…

29 Aug

Bajaj launches CT 125X – a Kadak bike

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Bajaj Auto, the world’s most valuable two-wheeler and three-wheeler company announces the launch of CT 125X. The new product is built with the proposition ‘Har Sadak par Kadak,’ as it is designed for long and everyday challenging riding environments. Bajaj Auto has introduced the feature-packed and durable CT 125X bike for consumers who ride extensively throughout the day, at times carrying loads, in professions such as food delivery, courier delivery, or business supplies. It provides impeccable performance, tough build, and stylish look. Priced at Rs 71,155 of CT 125X Drum and Rs 74,355 of CT 125X Disc, CT 125 X…

29 Aug

TECNO to launch theCAMON 19 Pro 5G

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TECNO Mobile in collaboration with Cosmopolitan India, the world’s largest-read fashion and lifestyle magazine, has launched the CAMON 19 Pro 5Gsmartphone. This one-of-a-kind launch for a mobile handset has been inaugurated at a plush fashion event, titled ‘A Stylish Affair’ that willinclude fashion showcase and a Style Hunt helmed by a distinguished jury panel. Delhi’s most stylish faces, including fashion influencers, designers, and industry experts will attend the launch event at Shangri-La. The latest launch is a part of the lauded CAMON series. The CAMON 19 Pro 5G is an advanced version of the recently-released CAMON 19. The Pro5G version…

29 Aug

ET Money’s releases ‘India Investor Personality Report 2022’

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ET Money, has released an exclusive report titled “India Investment Personality Report 2022” that looks into the minds of lakhs of investors. The insights have been drawn from their unique feature of Investor Personality assessment that assesses investors on four key parameters of risk tolerance, loss aversion, financial mastery, and overconfidence levels and draws a map of their unique investor psyche. The assessment gives investors 8 unique Investor Personality tags that are closest to the type of investor they are. The report reveals that the majority of Indian investors are Strategizers (35%) - a type of investors who are action…

29 Aug

Godrej Agrovet signs MoU with Assam, Manipur and Tripura

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Godrej Agrovet, one of India’s largest diversified agribusiness company, announced that it has signed three MoUs (Memorandum of Understand) with Assam, Manipur and Tripura state governments for development and promotion of oil palm cultivation in the region under the National Mission on Edible Oils-Oil Palm (NMEO-OP) scheme. Godrej Agrovet is the largest oil palm processor in India and works directly with the farmers for the entire lifecycle of their crop. The MoUs are in line with Godrej Agrovet’s long-term strategy to be the catalyst in India’s oil mission through sustainable growth of oil palm production and double farmer’s income. In…

29 Aug

PNB MetLife launched Junior Badminton Championship 2022

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PNB MetLife has launched PNB MetLife Junior Badminton Championship 2022 (JBC), to be held in 12 states across India under the banner of 12 State Badminton Associations. This marks the 6thedition of PNB MetLife’s sponsorship since it launched this successful sporting event in 2015 to build the sport for young talent. On the launch of JBC 2022, P.V. Sindhu, two-time Olympic Medallist and brand ambassador of PNB MetLife, said, “I’m delighted to be associated with a brand that lays emphasis on harnessing the potential of young sports enthusiasts who are poised to become the Badminton stars of tomorrow.” The 6th…

26 Aug

Govt. of Nagaland and JK Trust signed MoU

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A social initiative of Raymond JK Trust together with its supporting partners,signed a MoU with the Government of Nagaland to launch an “Employment Linked Skill Training Program” in Kohima during CSR Conclave. The MoU was signed in the presence of the Hon’ble Finance Minister of India, Smt.Nirmala Sitaraman and Hon’ble Chief Minister Shri. Neiphiu Rio. The project is supported by NABARD (National Bank for Agriculture and Rural Development), Silver Spark Apparel Limited (Raymond Group) and Directorate of Technical Education under the Government of Nagaland. India has a demographic dividend advantage and if this potential is tapped, the country will witness…

26 Aug

Bandhan Bank celebrates its 7th anniversary

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Bandhan Bank has celebrated its 7th Anniversary. Dr. Pronab Sen, the former Principal Economic Advisor, Planning Commission, graced the occasion as the chief guest. He has delivered the Anniversary Lecture on “Build Back Better – The Role of Finance”. On this occasion, the Bank has launched a new account, called ‘Neo+ Digital Savings Account’, to offer more convenience to the customers. This account offers a completely paperless and contactless account opening process, including a video KYC module. It also provides instant access to mBandhan mobile app and Internet Banking for online transactions. Chandra Shekhar Ghosh, Founder, MD and CEO, Bandhan…

25 Aug

Meesho digitises over 5,000 small businesses from Assam

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Meesho has announced that more than 5,000 small businesses from the state of Assam are now registered on the platform. The platform also recently logged more than 102 million downloads in Q4 FY2022, up more than 5x year on year. Meesho has witnessed a significant increase in the number of MSMEs from Assam joining the platform in the past year. Top categories preferred by the suppliers in the region include apparel, personal care & wellness, consumer electronics and home décor. Meesho has extensively worked towards supporting and enabling SMBs across the country especially helping small cities exploit the benefits of…