Business - The Purbottar

24 Aug

Vedanta Foundation to train 35,000 unemployed youth

editor0 CommentsBusinessVedanta Foundation

Vedanta Foundation is a philanthropic initiative of Vedanta Resources Ltd. Since 1992 it has trained more than 1.4 million youth, through its Vocational Training Centres across the nation. The Vocational Training Program has now been revamped into Employment Linked Skill Training Program. Vedanta Foundation launched ‘Vedanta Rojgar Yojana. The program will likewise train and provide job-placements to unemployed youth. For this Vedanta Foundation has roped in with Quess Corp. Ltd. as their training and placement partner. 2000 candidates are enrolled and undergoing training in 50 centres presently as a pilot under Vedanta Rojgar Yojana. By October, 2020, a total of…

24 Aug

Bandhan Bank is now 5

editor0 CommentsBusinessbandhan bank

India’s youngest universal bank, Bandhan Bank will complete its five successful years of operations on August 23, 2020. In June 2015, the Bandhan Group was given approval by the Reserve Bank of India (RBI) to set up a universal bank. For around two decades, Bandhan has tirelessly worked for the upliftment of India’s economically weak through access to timely microcredit, freeing the poor from the clutches of usurious moneylenders. After becoming a bank, Bandhan Bank has spread its reach to diverse corners of India across 34 states and UTs via its 4,559 banking outlets and 485 ATMs. Apart from its…

24 Aug

Nuvoco introduces ready-to-use concrete

editor0 CommentsBusinessNuvoco

Nuvoco Vistas Corp. Ltd., a leading building materials company, launched InstaMix Xpress. With this, Nuvoco has made premium quality concrete available anytime anywhere which is easy to use. InstaMix Express is a pre-mixed, ready-to-use, bagged, dry concrete. In the current scenario, the majority of small concrete work is done by mixing cement, aggregates and water at site. The challenge lies in getting quality aggregates, cement and sand in small quantities. Nuvoco’s InstaMix Xpress is an answer to all these challenges. InstaMix Xpress is ideal for a wide range of concrete applications. InstaMix Xpress is a pre-blended mixture of Cement, Sand…

21 Aug

PropTiger launches live online Property Expo

editor0 CommentsBusinessProperty Expo

India’s largest live online property expo, ‘Right to Home’ was launched by Elara Technologies-owned Proptiger.com. The two day (August 20 & 21) expo was unique in that it enabled buyers to attend online presentations made by leading property experts and to hold one-on-one digital interactive sessions with property advisors from developers and Proptiger.com. Prospective home buyers took advantage of exciting spot offers during the event and bought their dream homes digitally. During the virtual event, as many as 30 leading developers participated to showcase more than 80 projects located across India’s top 9 cities namely, Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Kolkata, MMR,…

21 Aug

Assam State govt striving to benefit 68,000 MSMEs under Aatma Nirbhar Bharat: Sonowal

editor0 CommentsAssam, BusinessAssam, msme

Chief Minister Sarbananda Sonowal today reviewed the implementation status of the Emergency Credit Line Guarantee Scheme for MSMEs of Dibrugarh and Tinsukia districts under Atma Nirbhar Bharat Abhiyan at a meeting held at the Deputy Commissioner’s office, Dibrugarh. He also held a discussion with the MSME owners of the two districts and urged them to take advantage of the Atma Nirmal Bharat initiative. Saying that Prime Minister Narendra Modi had started the Atma Nirbhar Bharat Abhiyan with financial outlay of Rs 20 lakh crore to revive and revitalise the country’s economy affected by COVID-19 lockdown, Sonowal stated that the state…

19 Aug

Ministry of Food Processing Industries sanctions 16 new food processing projects in Assam in last one year

editor0 CommentsAssam, BusinessAssam, food processing projects

Ministry of Food Processing Industries has sanctioned 16 new food processing /preservation and infrastructure projects with a total cost of Rs.230 crore with subsidy commitment of Rs.85 crore for Assam in the last one year. It include 3 agro-processing clusters or Mini Food Parks with the objective to create common modern food processing/preservation infrastructure facilities for the processing/preservation units, 12 food processing/preservation units and 1 backward and forward linkage infrastructure. The Ministry has so far sanctioned 53 food processing/preservation projects in the different states of North East region in various supply chain component in the food processing sector with a…

19 Aug

Google says, how to get useful information on flood

editor0 CommentsBusinessGoogle

This monsoon season has seen some of the most devastating floods in many parts of India, with many people in states like Bihar, Uttar Pradesh, and Assam continuing to grapple with the effects of the flooding. Over the past several months, along with the Central Water Commission (CWC), Google India has deployed its flood forecasting initiative and sent numerous public alerts to people in impacted regions across India. These alerts provide timely, updated, and critical information that can help users make informed decisions on their safety. Any user in the affected region with an Android smartphone with location services enabled…

19 Aug

Flipkart’s Independence Day Sale concludes

editor0 CommentsBusinessFlipkart

Kick-starting the festive season, sellers on the Flipkart Marketplace platform witnessed significant business growth in the company’s recently concluded 5-day-long Independence Day Sale (August 6-10). During this period, the Flipkart marketplace platform recorded a 54 per cent increase in transacting sellers compared to last year. The Independence Day Sale event saw participation from sellers primarily from Tier 2 cities and beyond. In the wake of the COVID-19 pandemic, e-commerce has emerged as the preferred channel to connect with consumers nationwide. Since the nationwide lockdown, Flipkart saw an increased interest from sellers to join the platform. Since then, the company has…

18 Aug

UTI Mastershare has 6-lakh live investor accounts

editor0 CommentsBusinessUTI Mastershare

Having track record of wealth creation for over 30 years, UTI Mastershare Unit Scheme is India’s first equity oriented fund (launched in October 1986). The Fund has a corpus of over Rs. 6,200-crore with over 6-lakh live investor accounts as on July 31, 2020. The Fund aims at securing capital appreciation or income distribution over a long term, follows a disciplined approach to invest and has maintained stream of annual dividends every year since its inception. UTI Mastershare Unit Scheme has distributed a total dividend of more than Rs. 3,700-crore in last 15 years. UTI Mastershare Unit Scheme being categorized…

18 Aug

Maruti Suzuki Alto crosses milestone of 40-Lakh sales

editor0 CommentsBusinessMaruti Suzuki Alto

Maruti Suzuki Alto announced a remarkable milestone of 40-Lakh cumulative sales. Alto is the preferred choice of Indian car buyers with 76% of Alto customers choosing it as their first car. Crowned as India’s best-selling car, Alto could not have achieved this milestone without the unparalleled faith and support from all its valuable customers. With a continuous rise in popularity and trust since 2000, Maruti Suzuki Alto has become a member of numerous households across different geographies. Alto has continued to strengthen its legacy with timely upgrades and new technology offerings. Providing mobility to over 40 lakh Indian families, brand…