Business - The Purbottar

31 Oct

‘Bandhan Bank Q2 result FY-23’

Business Correspondent0 CommentsBusiness

Bandhan Bank, announced its financial results for the second quarter of financial year 2022-23. The Bank continued to witness strong business growth, as the operating environment continued becoming more favourable with customer base stands at 2.77 croreas on September 30, 2022, Loan book grew 18% YoY to Rs. 95,835crore, deposits grew 21%YoY to Rs.99,365 crore, CASA growth at 11% YoY, CASA Ratio at 40.8%, Share of Retail to Total Deposits at 74%. The Bank’s total business grew 19.5% year-on-year to reach around Rs.1,95,200crore as on September 30, 2022. The Bank serves 2.77crore customers through 5646 banking outlets across 34 of…

29 Oct

NSDC International signs contract with Perdaman

Business Correspondent0 CommentsBusiness

NSDC International (NSDCI) and Perdaman collaboratedto bring forth a new era of growth, prosperity, and alliance, to establish an 'exclusive partnership to become a Gateway toAustralia for the Indian skilled and business community. The association will build the trust and credibility and to Building the Australian economy with Indian trade &talent.Under the leadership of Hon’ble Prime Minister of India Shri Narendra Modi, the Centre is taking great efforts in skilling, re-skilling and upskilling its youth. The National Skill Development Corporation (NSDC) launched NSDCI as a 100% subsidiary to play role in steering national and international partnerships for overseas employment through…

29 Oct

Things to Be Aware about Antimicrobial Resistance by Dr. Arjun Dasgupta

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The rapid emergence of resistant bacteria can be observed worldwide and threatens the effectiveness of antibiotics that have saved millions of lives. Increasing bacterial resistance to antimicrobials is the cause of serious infections, complications, longer hospital stays and increased mortality. Also, the costs of antibiotic resistance to health systems and national economies are considerable. To prevent and control the spread of antibiotic resistance, individuals should only take antibiotics when prescribed by their treating physician. One should not use antibiotics prescribed for a friend or a family member for a similar condition in their case. The decision on their use should…

29 Oct

Coca-Cola Emerge Third in Quarter 2022 Results

Business Correspondent0 CommentsBusiness

The Coca-Cola Company today reported strong third quarter 2022 results as the company continued to build on the momentum from the first half of the year. 2.5 billion transactions in India at affordable price points through the expansion of returnable glass bottles and single-serve PET packages. Sprite has grown to become a billion-dollar brand in the market, driven by the success of locally adapted, occasion-based global marketing campaigns and screentime. Operating margin, which included items impacting comparability, was 27.9% versus 28.9% in the prior year, while comparable operating margin (non-GAAP) was 29.5% versus 30.0% in the prior year. Earnings per…

29 Oct

Max Life study reveals East India is most prepared for retirement

Business Correspondent0 CommentsBusiness

Max Life Insurance Company Ltd. (“Max Life”/ “Company”), in partnership with Kantar- the world’s leading marketing data and analytics company, launched the second edition of the ‘India Retirement Index Study’ (IRIS). Through a self-administered digital study , 3,220 respondents were surveyed across 28 cities comprising 6 metros, 12 Tier I and 10 Tier II cities. East India’s Retirement Index (on a scale of 0 to 100) At 51 retirement planning followed by West at 46, South at 43 and North at 41.Emotional preparedness in East India stood at 61indicating an increasing dependence on family, friends, and social support during retirement.…

28 Oct

Indian Railways opens a new trade horizon with Bhutan

Priyanka Bhowmick0 CommentsBusiness, North BengalBhutan, INDIA, news, Railway

Indian Railways has opened a new trade horizon with its neighboring country Bhutan. A freight train of 75 Isuzu cars which is bought by Bhutan from Chennai, arrived at Hasimara railway station in Alipurduar at 9.30 pm on Thursday.Although the train was supposed to arrive on Thursday morning but it arrived late at night. On Friday morning the vehicles left for Bhutan by road. This is a major step by the Alipurduar Division of Railways in expanding Indo-Bhutan trade. People are saying that in the coming days, the economic development of this area of Alipurduar will take place along this…

28 Oct

SHARP Air purifier with Plasma cluster technology’

Business Correspondent0 CommentsBusiness

It has been found vastly effective against airborne novel Coronavirus. The advanced study was conducted at the Columbia University Irving Medical Center, a world-renowned research institute in the United States. In this study, a highly concentrated solution of the Omicron BA.1 variant, a mutated strain of the novel coronavirus (SARS-CoV-2), was sprayed into a 102L test box in the form of an aerosol followed by releasing Plasmacluster ions (ion density approximately 25,000 pcs/cm3) to verify the effectiveness of reducing airborne virus. The results showed a drastic reduction of the virus infectious titer (99.3% reduction after 15 minutes of exposure), indicating…

28 Oct

BYJU’S India collaborates with the Indian Coast Guard to educate and empower over 1,200 children across the country

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BYJU'S, the world's leading edtech company, under its social impact initiative Education For All has joined hands with the Indian Coast Guard to honour the Armed Force services and empower their personnel's children with high quality digital learning opportunities. The three year-long partnership aims to educate over 1200 children in class 8-12 whose parents serve with the Indian Coast Guard. ICG’s collaboration with BYJU’S Education For All is an effort towards propelling the “Samagra Shiksha” programme of the government and to help enable wards of ICG personnel to harness the best out of the available opportunities in school, BYJU’S will…

26 Oct

Boeing India and MIDHANI to explore collaboration

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Aiming to develop raw materials for standards aerospace parts and components in India, Boeing India announced it will assess and collaborate with Mishra Dhatu Nigam Limited (MIDHANI). Indigenous availability of special aerospace materials and alloys has been identified as crucial for creating a self-reliant aerospace and defence industry in India. The availability of essential aerospace materials is the first step in securing the supply chain, and aligns with the Government’s vision of Aatmanirbhar Bharat. Boeing has always supported the development of indigenous aerospace and defence capabilities in India, and has through the years invested in partnerships with the Indian aerospace…

26 Oct

Internal document reveals Twitter is losing its most active users

Priyanka Bhowmick0 CommentsBusiness, InternationalBusiness, Elon Mask, INDIA, international, Twitter

Twitter is steadily losing most of its active users to the microblogging platform, according to a Reuters report citing internal Twitter research. According to reports, most of its loyal users have been gradually leaving the platform since the start of the pandemic and have been using it less frequently from that time. According to Reuters, these people, who make up about 10% of the platform's monthly users and Twitter users who check in on Twitter at least six days per week and tweet three to four times per week, generate 90% of all tweets and half of Global revenue of…