Business - The Purbottar

06 Apr

Second G-20 EMPOWER meeting of Ministry of Women & Child Development

Business Bureau0 CommentsBusiness

Under India’s G20 Presidency the second G20 EMPOWER (Empowerment and Progression of Women’s Economic Representation) meeting scheduled till 6 April with the Ministry of Women & Child Development, began in Thiruvananthapuram, Kerela. The theme of the meeting is ‘Women Empowerment: A Win–Win for Equality and Economy’. The meeting saw deliberations on the issue of women's safety and development along with a panel discussion. The first meeting of G20 EMPOWER was organized in Agra on 11-12 February. The inaugural session of the 2nd EMPOWER meeting began with discussions on ‘Achieving Economic Prosperity’. On this occasion, Dr. MI Sahadulla, President, FICCI, Kerala…

06 Apr

Suzlon board appoints J P Chalasani as the new Chief Executive Officer after Ashwani Kumar’s resignation

Business Correspondent0 CommentsBusiness

After the resignation of Ashwani Kumar as the CEO, wind and turbine manufacturer Suzlon Energy has approved the selection of J P Chalasani as the Chief Executive Officer of the Suzlon Energy. The former CEO has resigned on 5th April 2023 on account of personal reasons, a BSE filing stated.

06 Apr

Science20 conference on Clean Energy for a Green Future

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Tripura played host to the second meeting of the Science20 engagement group for a two day conference from 3 to 4 April. The theme of this Science20 meeting is 'Clean Energy for a Green Future', in which 70 Representatives from across the world are taking part. On the first day of the conference, India emphasised that efficient clean energy can be accessed only through scientific progress. Therefore, to achieve success in this direction, India gave the message that new developments in clean energy, science, and technology are required. We all need to build a just, sustainable future with innovations and…

06 Apr

G20: 2nd Energy Transition Working Group meeting

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Under India's G20 Presidency, the 2nd Energy Transitions Working Group (ETWG) meeting is taking place in Gandhinagar from 2 April to 4 April. The meeting witnessed participation from more than 100 delegates from G20 member countries, Ministry of Energy, special invitee countries, and International Organizations. The first Working Group Meeting on Energy transition was held in Bengaluru from 5 to 7 February. On the second day of the Energy Transitions Working Group (ETWG) meeting, deliberations on access to clean energy, along with six major agenda were held. During the meeting delegates discussed ways to improve access to clean energy around…

06 Apr

TKM recorded its strongest domestic wholesales in the last 10 years

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TKM recorded its strongest domestic wholesales in the last 10 years in Financial Year 2022-2023 by selling 1,74,015 units. The company witnessed a growth of 41 % over the last FY where it sold 1,23,770 units. TKM also sold 18,670 units in the month of March 2023 alone, resulting in the year-on year-growth of 9% over the month of March 2022, where it had sold 17,131 units. In the last quarter of the current Fiscal Year, TKM posted sales of 46,843 units which is a 41% increase over the same period last year where the company had sold 33,204 units.…

06 Apr

L’Oréal buys Aesop for $2.5 billion

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

French cosmetics group L'Oréal has entered into an agreement with Brazil's Natura & Co to buy the Australian luxury brand at an enterprise price of $2.53 billion, both companies said on Monday. According to a statement, the Aesop brand will have sales of $537 million in 2022. "Aesop taps into all of today's booming currents and L'Oreal will contribute to unlocking its huge growth potential, particularly in China and travel retail," L'Oreal CEO Nicolas Hieronymus said in the statement. The L'Oréal Luxe division, which includes L'Oreal, was the group's top performer for the second consecutive year in 2022, with sales…

06 Apr

TRENDS inaugurate an all new store in Itahar

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India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Itahar town of Raiganj district in the state of West Bengal. Trends is democratizing fashion in India by connecting with consumers in Metros, mini metros, Tier 1, 2 towns, and beyond, making it India's favorite fashion shopping destination. The Trends store at Itahar offers an exciting range of good quality and fashion merchandise at affordable prices. Customers can enjoy a unique experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories at delightful prices.…

06 Apr

TRENDS inaugurate an all new store in Bijni

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India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Bijni town of Chirang district in the state of Assam.Trends are democratizing fashion in India by connecting with consumers in Metros, mini metros, Tier 1, 2 towns and beyond. The Trends store at Bijni boasts modern looks and an exciting range of good quality and fashion merchandise at affordable prices. Customers can look forward to a unique and superlative experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories, at delightful prices. This 6666…

06 Apr

Odisha receives Rs 26,000 crore investment intent in Tokyo meet

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

The Odisha government received an investment target of Rs 26,000 crore during the Odisha business meet held in Tokyo on Wednesday. Chief Minister Naveen Patnaik has tied up with some leading Japanese investors across the sector to attract foreign investment. The intentions were received from sectors such as logistics, metal accessories, steel, metal downstream, green hydrogen and green ammonia, green energy equipment manufacturing, IT and IT-enabled services, an official statement said. Details of the company, which has expressed interest in investing in Odisha, were not shared. Addressing over 200 investors in Japan, Patnaik said Odisha is one of the fastest-growing…

06 Apr

TRENDS, India’s Largest Fashion Destination is now in ‘Along’

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India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Along town of West Siang district in the state of Arunachal Pradesh. Trends are democratizing fashion in India by connecting with consumers from Metros, mini metros, to Tier 1, 2 towns and beyond. The Trends store at Along boasts modern looks and an exciting range of good quality and fashion merchandise at affordable prices. Customers can look forward to a unique and superlative experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories, at…