Business - The Purbottar

23 Nov

After outrage from seers, Indian Railways withdraws Ramayan Express’ staff dress code

editor0 CommentsBusiness, PoliticalIndian Railways

The railways changed the uniforms of its serving staff on the Ramayan Express on Monday after Ujjain seers objected to the waiters’ saffron attire. The seers had called it an insult to Hinduism and threatened to halt the train in Delhi on December 12 if the dress code was not removed. “It is to inform that the dress of service staff is completely changed in the look of professional attire of service staff. Inconvenience caused is regretted," the Indian Railways said in a statement. The uniforms have been changed to normal shirts and trousers and traditional headgear. The waiters will,…

20 Nov

International Brand Hafele Now in Nagaland

editor0 CommentsBusiness, NagalandHafele

Häfele has launched a store in Dimapur on 20 November, 2021. The store was inaugurated by the Deputy CM of NagalandShri YanthungoPatton. The launch of this new store will provide a wide range of options for choosing the right product for your home. It provides one-of-a- kind hardware and fitting systems and electronic locking solutions. Häfele understands the importance of every kitchen with innovative storage solutions help the customer organize their kitchen necessities. This includes the installation of the right kind of drawers and cabinets, storage units, cooking appliances and washing and cleaning units according to the specific zone. Their…

20 Nov

HDFC Mutual Fund’s NFO – HDFC Multi Cap Fund

editor0 CommentsBusinesshdfc, NFO

HDFC Asset Management Company, one of India’s leading mutual fund house has launched New Fund Offer – HDFC Multi Cap Fund for investors looking to diversify their portfolio with a disciplined exposure to large cap, mid cap, and small cap segments. The Scheme will make mandatory allocation of minimum 25% of its total assets each in large, mid, and small cap companies, while the balance 25% of its total assets will be allocated based on market view of the fund manager. The Scheme will have a choice of wide representation of sectors across market capitalization. The NFO will open on…

19 Nov

Aditya Birla Sun Life Insurance launches ABSLI Assured Savings Plan

editor0 CommentsBusinessAditya Birla Sun Life Insurance

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has announced the launch of its new-age savings solution, ABSLI Assured SavingsPlan. A non-participating savings product, this plan will provide fully guaranteed lumpsum benefits on policy maturity and will offer consumers long-term financial security, by integrating savings and protection in a single plan.

19 Nov

UTI Value Opportunities Fund

editor0 CommentsBusinessUTI

UTI Value Opportunities Fund is a fund that looks for opportunities which is expressed in terms of relative intrinsic value of a given stock, which means following ‘Value’ style of investment and across the market capitalization spectrum. Here ‘Value’ is buying things for less than their intrinsic value. Intrinsic value is simply the current value of the cash flows that the company generates for its shareholders over a period of time. Undervalued businesses can be found at two ends of the spectrum. At one end, the market may under appreciate the sustainability of competitive advantages and/or the length of the growth runway…

19 Nov

HyperXchange, announces its expansion in Assam

editor0 CommentsBusiness

hyperXchange, has announced its expansion in the north-eastern state of Assam and Barsha Rani Bishaya, an Indian actress who works in Assamese cinema, will be joining the hyperXchange team in the ribbon cutting ceremony. Strategically located in Guwahati, the online-2-offline marketplace is designed to bring affordable, easily available, and equally reliable electronic products to the local population. HyperXchangesale comes with 12-months doorstep warranty, 9-months assured buyback and 7-days worry-free return at affordable prices. Satanik Roy, Co-Founder & CPO of hyperXchange, said, “hyperXchangeentered the offline market in 2016 and have been running multiple stores across the nation on franchise ownership. Our…

18 Nov

The ŠKODA SLAVIA: Second ŠKODA model in the INDIA 2.0 project makes its debut

editor0 CommentsBusiness

The introduction of the SLAVIA marks the start of ŠKODA AUTO’s next stage in the INDIA 2.0 project. Following the successful launch of the midsize SUVKUSHAQ, the brand-new sedan is the Czech carmaker’s second India-specific model. The SLAVIA’s manufacturing process has a localization level of up to 95%. As the sedan is based on the MQB-A0-IN platform – an MQB variant specially adapted by ŠKODA AUTO for India – it offers a comprehensive range of safety features and advanced infotainment systems. The power output of the TSI engines available for the SLAVIA is 85 kW (115 PS)* and 110 kW…

18 Nov

Banks need to support wealth, job creators; can give great push to economy, says PM Modi

editor0 CommentsBusinessPM Modi

Addressing bankers at the symposium to ‘Build Synergy for Seamless Credit Flow and Economic Growth', Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan "approver" to a loan "applicant". Modi was addressing the concluding session of the conference on 'Creating Synergies for Seamless Credit Flow and Economic Growth'. “The reforms initiated by the government in the banking sector in the last six-seven years, supported the banking sector in every way, due to which the sector is in a very strong position today. The financial health…

16 Nov

BKT Tires announces its partnership with NorthEast United FC

editor0 CommentsBusinessBKT TIRES, NorthEast United FC

Balkrishna Industries Limited (BKT), the Indian Multinational Group and global player in the Off-Highway tire market, has announced its partnership with NorthEast United FC, for the upcoming edition of the Indian Professional Football League Season 8. BKT is the Official Tire Partner for the team, for the second consecutive season. BKT is famous for its associations with the biggest football leagues in the world. It is Title Sponsor of the Serie BKT, the B football league in Italy and of the Ligue 2 BKT, the second French football division. The company is also the Official Global Partner of LaLiga, the…

16 Nov

BKT Tires becomes the official tire partner of ATK Mohun Bagan

editor0 CommentsBusinessATK Mohun Bagan, BKT TIRES

Balkrishna Industries Limited (BKT), the Indian Multinational Group and global player in the Off-Highway tire market, has announced its partnership with ATK Mohun Bagan, for the upcoming edition of the Indian Professional Football League Season 8. BKT is the Official Tire Partner for the team, for the second consecutive season. BKT is well-known for its global contributions to the football fever, sponsoring some of the biggest championships and events. It is Title Sponsor of the Serie BKT, the B football league in Italy and of the Ligue 2 BKT, the second French football division. The company is also the Official…