Business - The Purbottar

01 Sep

BKT Tires collaborates with 6 teams for T-20 League

editor0 CommentsBusiness, Sports2020League, T-20

Balkrishna Industries Limited (BKT Tires), the Indian multinational group and global player in the Off-Highway tire market has announced that it will be sponsoring six teams in the upcoming T-20 league for Season 2020. The teams are - Kolkata Knight Riders, Mumbai Indians, Chennai Super Kings, Delhi Capitals, Rajasthan Royals and Kings XI Punjab. The company has already been promoting this sport by supporting the KFC Big Bash League (BBL) based on an agreement with Cricket Australia. Whether it is about cricket, football, or the amazing stunts at Monster Jam – BKT loves the sport because it fully reflects its…

01 Sep

GST compensation CRISIS: State govts ask Centre to borrow and pay

editor0 CommentsBusinessCENTREGOVERNMENT, FINANCE, financeminister, GST, Indian government

Terming the two options proposed by the Union government as“unconstitutional,” “illegal” and “a betrayal of the spirit ofcooperative federalism,” key opposition-ruled states pressed theCentre to borrow in order to compensate states for the entire goodsand services tax (GST) shortfall ‘regardless of Act of God’.While six states – Kerala, Telangana, Chhattisgarh, Delhi, Punjaband West Bengal – huddled over a video-conference meeting onMonday to thrash out a strategy to take on the Union government,some states separately shot off letters to the Centre, expressingdisapproval of putting the onus of borrowings on states.The finance ministry on Saturday officially communicated the finerdetails of the two…

01 Sep

Q1 GDP data: Employment-creating sectors get hit drastically

editor0 CommentsBusinessECONOMY, GDP, INDIA, INDIANECONOMY, UNEMPLOYMENT

The April-June quarter GDP data, released on Monday, showed thedeepest damage in the employment-creating sectors, likeconstruction and manufacturing. This comes at a time the Centreand the Finance Ministry are talking about green shoots in theeconomy. According to the data released by the National Statistical Office, theconstruction sector fell a staggering 50.3 per cent, whilemanufacturing sector contracted by 39.3 per cent, at constantprices. Almost all the major sub-sectors reported a contraction, withconstruction activities, manufacturing sector and trade, hotels, andtransport in the services sector being hit the worst hit. Thecontraction in some services is large, and as these continue to beunder restricted…

31 Aug

Jio Fiber broadband new plans

editor0 CommentsBusiness

The Reliance Jio company has revamped its Jio Fiber broadband plans to make the service more enticing for the customers. The new Jio Fiber plans are priced starting just Rs. 399/month. Not only this JioFiber is also available on a no-condition 30-day free trial as well for new users. Jio says that these plans will have symmetric speed, that means download speed will be equal to upload speed, something that wasn't the case before. As part of the trial period, new JioFiber customers will get 150 Mbps internet speeds, 4K Set-Top Box with access to top 10 paid OTT apps…

31 Aug

JSW Group’s new initiative – JSW One

editor0 CommentsBusinessJSW

JSW Group has presence in Steel, Cement & Paints business in India. Now, the Group is combining its distribution and supply chain expertise across the Steel & Cement businesses under an integrated JSW One initiative. All these three products have a common set of customers as they are essential in building a home. In order to reach out to these consumers & channel partners, an integrated effort is being mobilized through this unique initiative. JSW One enables the JSW Group to become a one-stop-solution for the consumer’s home-building requirements as well as benefit from the synergistic advantages of customer overlaps…

31 Aug

REPL to work as consultant for NH improvement

editor0 CommentsBusinessREPL

By signing an agreement on 19 August in Delhi, National Highways & Infrastructure Development Corporation Limited (NHIDCL) appointed Rudrabhishek Enterprises Limited (REPL) as supervision consultant for widening and improvement of a section of NH-39 & NH-102C in Manipur. The project is to widen and improve the Imphal-Moreh section (29.731 km) on NH-39 in Manipur. Besides, it also includes the construction of Moreh Bypass (2.52 km) to two-lane with a paved shoulder on NH-39 near Indo-Myanmar border, and widening and strengthening to two-lane with hard paved shoulder of Pallel-Chandel section (18.292 km) of NH-102C. The total stretch of the National Highway…

30 Aug

Britannia Cake Layerz at just Rs.5

editor0 CommentsBusinessBritannia Cake Layerz

With the aim to create excitement and delight amongst kids and in turn help the parents in bringing a smile on their kid’s face Britannia Cake has come up with the brand-new Britannia Cake Layerz – with indulgent crème sandwiched between two delicious layers of Cake. Britannia Cakes recently released a TV campaign, announcing the launch of this exciting new format. The campaign brings out some of the indulgent aspects of Britannia Cake Layerz that make it kid’s favourite. Britannia Cake Layerz has been launched in an indulgent offering of INR 5 and two exciting flavours – Chocolate and Orange.…

30 Aug

GIG-A-Opportunities – a platform for alternate work models

editor0 CommentsBusinessAXIS BANK

Axis Bank launched a platform for alternate work models that encourage greater flexibility, diversity and inclusivity ‘GIG-A Opportunities’. ‘GIG-A-Opportunities’ is pegged for large opportunities in the job market. It will open up large prospects in digital banking, technology, risk modeling, virtual sales, audit and credit policy, which are the first set of pilot offers for the model. These jobs offered go beyond the traditional association of freelance or work from home. This innovative platform would make it possible to ‘work from anywhere’, while ensuring flexibility and ease of operations for skilled specialists. Therefore, it will invariably access a much larger…

30 Aug

Sony India launches BRAVIA X9000H TV series

editor0 CommentsBusinessSONY, X9000H

Sony India launched the all-new BRAVIA X9000H Television series with 4K HDR Full Array LED display. It delivers beautiful pictures with vibrant colour and stunning contrast, thanks to the best-in-class family of X1 processors. The powerful sound that comes directly from the TV screen creates a highly immersive experience. Sony’s new 4K HDR 9000H TV series available in 165 cm (65) and 140 cm (55) encompasses of X1 4K HDR picture processor to see more detail in every scene. The X9000H is available across Sony retail stores (Sony Center and Sony Exclusive), www.ShopatSC.com portal, major electronic stores and another e-commerce…

29 Aug

Nissan reveals the design approach of Nissan Magnite Concept

editor0 CommentsBusinessnissan

The design approach taken to create its latest B-SUV, the Nissan Magnite Concept has been revealed by Nissan India, along with the newer design elements of its interiors and exteriors. The newest offering in the Nissan family that will take its global SUV legacy into the future is designed for India and for export countries. The interiors of the Nissan Magnite Concept are wide and spacious due to the horizontal instrument panel, followed by the air ventilators that have a distinctive shape and cliff section, which makes it look sporty and enhances the SUV feel. It also includes a sporty…