Business - The Purbottar

25 Jul

Walmart Foundation and Flipkart Foundation extend support to Assam

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The Walmart Foundation Disaster Relief Fund and Flipkart Foundation have contributed more than INR 20 million (over USD 250,000) towards flood relief work in Assam. The funds will help Doctors For You support people impacted in the region. The Walmart Foundation Disaster Relief Fund and Flipkart Foundation are supporting Doctors For You as the organization supplies relief kits with essential food items, medicines, and hygiene-care products and offers healthcare and psychological support to the affected population. Flipkart is also partnering with Goonj to raise funds from customers to provide critical medical supplies and essential relief materials for flood relief efforts…

25 Jul

Nissan launches Nissan Magnite RED Edition in India

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Nissan Motor India announced the launch of its Big, Bold, Beautiful SUV, the Nissan Magnite RED Edition, with prices starting at Rs. 7,86,500 lakh (ex-showroom, Delhi). The exteriors feature red accent that covers the front grille, front bumper cladding, wheel arch and body side cladding. The interiors feature a premium red-themed dashboard, a red accent on the door side armrest and centre console. Major design additions include bold body graphics, a tail door garnish and a prominent RED Edition-specific badge. It comes in 1.0-litre MT, 1.0-litre Turbo MT and 1.0-litre Turbo CVT variants to offer option of full range. It…

25 Jul

5ire raises $100 million in Series A Funding

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A fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain 5ire announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021. The funds raised will be used for business expansion and extending 5ire’s footprint across three continents including Asia, North America and Europe, with…

25 Jul

Spark Minda forays into Consumer Space

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The flagship company of the Spark Minda Group Minda Corporation Limited launched 17 helmet models with 145 variants in the Indian retail market. The launch marks Spark Minda’s foray into the B2C space at a time when India is emerging as the largest and fastest growing helmet market globally. The company plans to add 200+ distributors and open exclusive Spark Minda branded outlets across the country. The Protective Head Gear will be available across three customer segments - Economy (Knight series), Mid (Garrison series) and Premium (Armored series) category. Spark Minda also announced the launch of 1500 fiber parts to…

25 Jul

ABSLI launches ABSLI Fixed Maturity Plan

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Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announces the launch of a non-linked, a new-age savings solution - ABSLI Fixed Maturity Plan (UIN 109N135V01). This plan is designed to offer policyholders short & long-term financial security by integrating FD beating returns and protection. It provides returns of up to 6.41% along with a life cover. The plan is a single pay proposition like a fixed deposit and allows the policyholder to choose from a wide range of policy terms (5-10 years) to fit individual needs. Also, starting at 100%, the surrender…

23 Jul

Shell India launches engine oil for three-wheelers

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The global market leader in finished lubricants Shell announced the launch of Shell Engine Oil designed and customised specially for three-wheelers. The three–wheeler segment has been growing year-on-year and plays a critical role in the country’s mobility needs by providing last-mile connectivity. Three-wheeler drivers in India have been facing multiple challenges regarding Indian roads, traffic & weather conditions in terms of overheating of the engine, increased cost of maintenance and the need for quality products. Shell with its global technological credentials has developed a customized engine oil which comes with Active Cleansing Technology that keeps the engine clean and protected…

23 Jul

JSW Cement dedicates the newly constructed Maa Kali Temple

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India’s leading producer of Green Cement JSW Cement has constructed the new Maa Kali Temple at JSW Ankur Township in Salboni, West Bengal, which was inaugurated and opened for public in early July 2022. The company has dedicated the Temple to her devotees in West Bengal. The new temple echoes the centuries old world famous Bishnupur architectural style in a contemporary way. The core idea was honed and turned into reality by Kolkata-based architecture firm, Dulal Mukherjee and Associates. The construction of the new temple was funded through the CSR spends of JSW Cement. The new Maa Kali temple has…

22 Jul

Assam CM thanks L&T

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Chief Minister of Assam, Himant Biswa Sarma expressed his gratitude to Larsen & Toubro for their contribution to the Chief Minister’s Relief Fund for the flood-affected people of Assam. In a tweet Mr Himant Biswa Sarma said, “Grateful to Larsen & Toubro Ltd (L&T) for contributing ₹9,40,97,770 to CM Relief Fund. Such acts of generosity will go a long way in augmenting our Govt's efforts to provide relief to the flood-affected people. Gratitude!”

21 Jul

Deliveries for the New Range Rover begin in India

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Jaguar Land Rover India announced that it has begun deliveries of the all-New Range Rover. The new luxury SUV maintains its compelling combination of effortless performance and peerless refinement with a comprehensive line-up of advanced six and eight-cylinder powertrains. It is available with a 3.0 l petrol engine or the 3.0 l diesel engine. Also, a powerful new petrol engine, 4.4 l Twin Turbo V8, is available that ensures increased refinement and performance. The New Range Rover is available with five seats in both Standard and Long Wheelbase body designs and an option of a third row for extended comfort…

21 Jul

Meghalaya Households now have functional tap water connection

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Renoobala Marak, a resident of the South Garo Hills, Meghalaya, had to walk several km uphill to fetch water. Quite naturally women and children were busy in fetching water rather than spending time and effort in livelihood activities or education. MDA led Meghalaya Government focused on relieving people from this drudgery. From the later phase of 2019, Meghalaya Government implemented Jal Jeevan Mission which has been successful in reducing the water problem in the state. When Government of Meghalaya began the implementation, they had an uphill task, before 2019, only 4,554 households had functional tap water connection, this implies that…