Business - The Purbottar

05 Jan

Axis Mutual Fund launches ‘Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund’

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Axis Mutual Fund has announced the launch of their new fund offer Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund. It is an open-ended target maturity index fund investing in constituents of CRISIL IBX 50:50 Gilt Plus SDL Index – June 2028. The minimum investment amount is Rs. 5,000 and in multiples of Rs. 1/- thereafter and there is no applicable exit load. The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index – June. The scheme…

04 Jan

Child Help Foundation and Filaantro organized a Cultural and Educational Program

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Child Help Foundation(CHF) along with its crowdfunding partner Filaantro organized a cultural and educational event on the occasion of World Disability Day on 3rd December 2022 in Athiaboi, Changsari, Assam. Child Help Foundation collaborated with Assam-based NGO Barnil Pratyasha Foundation to exhibit this event and inspire people to come together and bring positive change in the lives of specially-abled children and society at large. On this occasion, the NGO organized different interactive activities such as singing, dancing, and painting, to provide the specially-abled children with a platform to showcase their talents and to spread the message in society that these…

04 Jan

The ‘Jahaan Bandhan, Wahaan Trust’ campaign

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Bandhan Bank, one of the fastest-growing banks in the country, launched its integrated marketing campaign featuring the Bank’s brand ambassador, cricketing legend, Sourav Ganguly. The ‘Jahaan Bandhan, Wahaan Trust’ campaign emphasizes the ‘trust’ that the brand has been able to earn in a span of seven years as a Bank. The campaign uses the analogy of Ganguly’s career,who became the Bank’s customer soon after the Bank was launched seven years ago, to showcase the trust of customers and stakeholders that the brand has been able to achieve. In the film, Ganguly is seen reminiscing the days when he wasn’t a…

04 Jan

Trends Now In Islampur

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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 ISLAMPUR town of Uttar Dinajpur district in the state of West Bengal. Trends is truly democratizing fashion in India, by strengthening its reach & connect with consumers in India – right from Metros, and mini-metros, to Tier 1, 2 towns, and beyond is India’s favorite fashion shopping destination. The Trends store at ISLAMPUR boasts of modern looks and ambiance featuring an exciting range of good quality and fashion merchandise that is relevant to the consumers of the region…

04 Jan

TKM Revealed Highest Calendar Year Wholesales In The Last 10 Years

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TKM today announced its total wholesales for the calendar year (CY) 2022 at 160,357 units, thereby making it the highest wholesales in the last 10 years. For reference, TKM had sold a total of 130,768 units in CY 2021, thereby registering a growth of 23% in CY 2022. The best ever wholesales earlier clocked by TKM, was in the year 2012 with a total of 172,241 units. During the month of December 2022, TKM sold 10,421 units when compared to 10,834 units sold in December 2021. As we usher in the New Year, we are excited about our participation at…

03 Jan

India’s largest and fastest-growing apparel and accessories specialty chain of Reliance Retail

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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 GHATAKPUKUR town of West South Parganas district in the state of West Bengal. The Trends store at GHATAKPUKUR boasts of modern looks and ambiance featuring an exciting range of good quality and fashion merchandise that is relevant to the consumers of the region and at prices that are affordable and seen as high value for money. Customers of this town canlook forward to a uniquely special and superlative experience of shopping for trendy Women’s Wear, Men’s Wear, Kids…

03 Jan

TECNO PHANTOM X2 launched in India

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TECNO, an innovative technology brand with operations in over 70 global markets, today launched PHANTOM X2 in India, which marks its entry into the premium smartphone category. Last month, the global launch of the PHANTOM X2 series with the theme ‘Beyond the Extraordinary’ took place in Dubai, UAE. Priced at INR 39,999, TECNO PHANTOM X2 will be available on both Amazon as well as offline retail touch points. Pre-booking of the new PHANTOM smartphone starts today, 2nd Jan and will be on sale from 09 January 2023. Lucky100 pre-booking orders on Amazon and 200 on retail touch points will receive…

03 Jan

Nissan Motor India announced the wholesale of vehicles in December 2022

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Nissan Motor India announced cumulative wholesales of 8991 units with cumulative wholesale YTD growth at 19%.For the month of December,the domestic wholesales stood at 2020 units and export wholesales stood at 6971 units. In December, Nissan Motor India showcased its Global Premium SUVs – the X-Trail, Qashqai, and Juke – at the multi-city “Move Beyond Golf Tournament” in Delhi NCR. The first edition of the tournament was flagged off from Jaypee Greens Golf and Spa Resort in Noida.India’s celebrated boxing champion Mary Kom was a special guest at the event, participating in the tee-off and award ceremonies. The tournament will…

31 Dec

Intimation of closing by Tata Motors

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Tata Passenger Electric Mobility Limited (“TPEML”), a subsidiary of Tata Motors Limited (“TML”), and Ford India Private Limited (“FIPL” and together with TPEML, “Parties”) had executed a Unit Transfer Agreement on August 7, 2022 for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat, which inter-alia includes: (i) entire land & buildings; (ii) Vehicle Manufacturing Plant along with machinery and equipment situated therein; and (iii) transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sanand, for a total consideration, exclusive of taxes, of Rs 725.7 Cr (Seven Hundred Twenty Five Crores and Seventy Lakhs) Pursuant to the…

30 Dec

Kotak Mahindra Banktaps Gen-Next @ premier B-Schools to envision The Future of Banking

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Kotak Mahindra Bank Limited announced that it has collaborated with India’s premier B-Schools to launch the inaugural edition of a case study competition titled “ExpLORe - Experience Learning Opportunities in Retail Lending”. With this program, Kotak Mahindra Bank intends to tap into Gen-Next for innovative solutions to real business challenges in Retail Lending products such as Credit Cards, Personal Loans, Consumer Finance, and Housing Finance, among others. Kotak Mahindra Bank has partnered with 9 premier B-schools for this initiative - IIM Lucknow, IIM Indore, IIM Kozhikode, XLRI Jamshedpur, Jamnalal Bajaj Institute of Management Studies, National Institute of Industrial Engineering, NarseeMonjee…