Business - The Purbottar

29 Jul

World Gold Council’s latest Gold Demand Trends report

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The World Gold Council’s latest Gold Demand Trends report reveals that gold demand (excluding OTC) in the second quarter was down 8% year-on-year to 948t. Gold demand for the first half of 2022 is up 12% compared to H1 2021at 2,189t. The gold price dropped in the second quarter of 2022 as investors shifted their focus to rapidly rising interest rates and a strikingly strong US dollar. The 6% decline in the gold price over the quarter impacted gold ETFs, which saw outflows of 39t in Q2. Net H1 inflows totalled 234t, compared to 127t of outflows in H1 2021.…

29 Jul

ATS ELGI announces manufacturing agreement with VTEQ

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ATS ELGI, a wholly-owned subsidiary of Elgi Equipments Limited and India's largest garage equipment manufacturer, announced its manufacturing agreement with VTEQ, a global leader in vehicle testing equipment based out of Spain. It is the largest manufacturer and distributor of Automotive Service Equipment in India and offers the broadest range of garage equipment in the country. It will set up a world-class 7500sq.ft. manufacturing facility to manufacture previously imported vehicle testing equipment for the Indian market at competitive prices. The equipment spans brake, suspension, slip, and speedo testers, axle play detectors, and steering gear play. Praveen Tiwari, Managing Director, ATS…

29 Jul

TECNO SPARK 9T launches in India

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TECNO Mobile, the global premium smartphone brand launches TECNO SPARK 9T, under its ‘SPARK series’. It boasts the integration of an advanced triple-rear camera set-up at a disruptive price-point of Rs.9,299. TECNO has cemented its position as the 4th largest smartphone player in the sub-10K segment as per Counterpoint Research. It comes with F1.6 large Aperture with PDAF technique, 50MP Ultra Clear High-Resolution AI Triple rear camera with Super Night Mode, 8MP selfie camera with a dual front flashlight, 6.6” Full HD+ Dot-Notch Display, 1080x2408 full HD resolution with 401PPI high pixel density, IPX2 splash-resistant, 5000mAh Powerful Battery with 18W…

28 Jul

HMSI conducts Road Safety Awareness Campaign in Assam

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Honda Motorcycle and Scooter India (HMSI) continues its National Road Safety Awareness Campaign in the country to re-emphasize the need for road safety awareness among citizens. The two-days camp (26-27 July 2022) at the Jawahar Navodaya Vidyalaya in Bongaigaon witnessed spirited participation from over 1700 school students and staff members who set out to imbibe the safe riding practices. HMSI’s road safety instructors utilized the age appropriate road safety learning programs to enhance the retention of road safety awareness among all. The program made learning fun yet scientific through interactive session, practical learning, scientific theory learning module, existing drivers honing…

28 Jul

Tata Motors consolidated Q1 FY23 results

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Tata Motors Ltd announced its results for quarter ending June 30, 2022. The results represent the details on consolidated segment level. For Jaguar Land Rover, Retail sales in Q1 FY23 were 78,825 vehicles, broadly flat compared with Q4 FY22 and down 37% compared with Q1 FY22. Revenue was £4.4 billion in Q1 FY23, down 7.6% from Q4 FY22, impacted by supply challenges including semiconductor shortages, slower than expected ramp-up of the New Range Rover and New Range Rover Sport production and China lockdowns. The customer order book grew further to 200,000 vehicles. The loss before tax in the quarter was…

28 Jul

Nestlé MILO collaborates with Inspire Institute of Sport

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Nestlé MILO joins forces with Inspire Institute of Sport (IIS), one of India’s premier training centers that has a vision to create and develop Olympic champions in India. MILO has always believed in the importance of sports and in providing nourishing energy to young champions. IIS leverages its world-class infrastructure, finest coaching and sports science to scout for young athletes and train them to become future Olympians of our country. They have already been successful in producing three Olympic medalists, including Tokyo Gold medalist Neeraj Chopra. As the Official Dairy Partner of IIS, Nestlé India will contribute one year worth…

28 Jul

Tata Play opens its first retail store in Alipurduar

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One of India’s leading content distribution platform Tata Play (formally known as Tata Sky) announced the opening of its exclusive Jingalala Store in Alipurduar, West Bengal. This is the 4th store launch in West Bengal and 29th in India. The new store will offer customers an elevated experience of Tata Play’s range of products & services including Tata Play DTH, Tata Play Binge+ Android enabled Set-top and Tata Play Binge Fire TV Stick. The brand recently announced Tata Play Binge Combo Packs that provides the best of broadcast channels and OTT apps in one integrated pack. Tata Play Netflix combo…

28 Jul

Veet launches Veet Pure™ range of hair removal creams

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The world leader in depilatory products Veet® undergoes its biggest reformulation in hair removal creams with the launch of Veet Pure™. The all-new dermatologically tested range is aimed to elevate consumer’s hair removal experience. It includes natural extracts of Cucumber, Aloe Vera and Grapeseed Oil, with a simplified formula, offering a superior, efficient and pain free solution for hair removal at home. Veet is also addressing the unpleasant odour users have experienced with hair removal creams, enhancing their sensorial experience with fresh fragrances and long lasting smooth and moisturised skin. Marked as the next big thing in hair removal category,…

28 Jul

ASUS introduces the all-new ROG Zephyrus Duo 16

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ASUS India, Republic of Gamers (ROG) strengthened its Zephyrus and Flow lineup with the launch of the ROG Zephyrus Duo 16, Zephyrus G14, and Flow X16 alongside the refreshed editions of Zephyrus G15, and Flow X13, packed with power and upgraded performance. The laptops feature AMD Ryzen 6000 series mobile processorsand a MUX Switch to deliver uncompromising powerful gaming performance. The product pricing for Zephyrus Duo 16 starts from INR 249,990, Zephyrus G14 - INR 146,990, and Zephyrus G15 - INR 157,990 and will go on sale online and offline. While the pricing for ROG Flow X16 starts from INR…

28 Jul

Qmin delivers over 57,000 meals to Assam

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In line with its values and focus on community as defined by its ESG+ framework, Paathya, India’s largest hospitality company Indian Hotels Company (IHCL) has extended a helping hand to flood affected families in Assam with Vivanta Guwahati offering over 57,000 meals from its culinary platform, Qmin, across 17 affected villages. With over 9 lac people affected by the floods in Assam in addition to expansive destruction of crops, livestock and property, the local community has united to provide key resources and amenities to those adversely impacted. Vivanta Guwahati rapidly assembled a team to provide nourishing, wholesome Qmin meals in…