Business - The Purbottar

03 Nov

VI and Ericsson to revolutionize the healthcare sector in India

editor0 CommentsBusiness, IndiaEricsson, vi

Vodafone Idea Ltd. (VIL) and Ericsson (NASDAQ: ERIC) have partnered to showcase the power of 5G to revolutionize the healthcare sector in India. The 5G trial network set up by Vi on Govt allocated 3.5 GHz mid band & 26 GHz mmWave band in Pune, deploys Ericsson Radios and Ericsson Dual Mode Core based on cloud native technology comprising of 5G SA, 5G NSA & LTE packet core functions.In a statement the company has said that the high data speed, low latency and reliability of 5G, a doctor located in an urban center can actually carry out an ultrasound scan…

02 Nov

Nissan Indiawholesales6917 vehicles in October 2021

editor0 CommentsBusinessIndiawholesales6917, nissan

Nissan India has achieved a Domestic wholesale of 3913 vehicles & Exports of 3004 vehicles for October 2021 for Nissan and Datsun. In October 2020 Domestic wholesale was 1105 vehicles & Exports of 75 vehicles. Nissan India has achieved a growth 254% in Domestic marketfor the month of October. Keeping the health and safety of its customers in mind, Nissan launched the ‘Convenience of Doorstep Service’ and ‘Pick-up & Drop-off’ services of Nissan cars to and from dealerships which mitigates the risk of infection and minimizes disruptions in the schedule of customers.Rakesh Srivastava, Managing Director, Nissan Motor India Ltd. Said,…

02 Nov

Bajaj Finance Ltd. Launches Diwali Campaign ‘EMI HAI NA’ with a bang

editor0 CommentsBusinessBajaj Finance

Bajaj Finance Ltd., in collaboration with Bajaj Finserv Direct Limited, has launched its Diwali campaign ‘EMI HAI NA’ to offer discounts and cash back on a wide range of products and brands purchased on EMI through the Bajaj Finserv EMI Store of Bajaj Finserv Direct Ltd. Customers can avail of discounts on a slew of electronic products, home appliances, smartphones, smartwatches, furniture, and much more with minimal down payment. The campaign concludes on the 15th of November 2021. With the “EMI Hai Na” campaign, the brand enables every customer living in different cities to experience benefits for their shopping aspirations,…

02 Nov

Tata Motors unveils 21 new commercial vehicles

editor0 CommentsBusiness21 new commercial vehicles, tata motors

Tata Motors, India’s largest commercial vehicle manufacturer, accentuated its commitment to support India’s economic growth by unveiling an extensive and comprehensive range of 21 new products and variants. Designed and engineered to cater to the evolving needs of cargo and people transport across segments and applications, these state-of-the-art vehicles further enhance Tata Motors’ established ‘Power of 6’ benefit proposition to address specific usage and applications while delivering higher productivity and lower total cost of ownership (TCO). Unveiling the 21 vehicles, Mr. Girish Wagh, Executive Director, Tata Motors said, “The engines of infrastructure development, consumer consumption and e-commerce powering the Indian…

02 Nov

IndiaSkills: Tripura receives 1 Gold and 4 Silver Medals

editor0 CommentsBusinessIndiaSkills, tripura

After four days of great display of passion and grit, winners from Tripura received 1 gold and 4 silver medals in the IndiaSkills 2021 Regional Competition for the Eastern Zone. Overall, 98 candidates from 8 states and union territory were declared winners in the competition. Governor of Bihar, Shri Phagu Chauhan felicitated the winners at Bapu Sabhaghar, Patna and awarded each of them a cash prize of Rs 21,000 along with a gold medal. The first runners up were given Rs 11,000 and a silver medal. From Tripura, Pritam Das won a gold medal in Web Tecnologies, whereas Nikita Debnath,…

02 Nov

IndiaSkills: 50 candidates won gold and 48 received silver medals

editor0 CommentsBusinessindia skills, mizoram

In the IndiaSkills 2021 Regional Competition for the Eastern Zone, winners from Mizoram received 3 gold and 6 silver medals. Overall, 98 candidates from 8 states and union territory were declared winners in the competition. Governor of Bihar, Shri Phagu Chauhan felicitated the winners at Bapu Sabhaghar, Patna. He awarded each of them a cash prize of Rs 21,000 along with a gold medal. The first runners up were given Rs 11,000 and a silver medal. Andaman & Nicobar Islands, Assam, Bihar, Jharkhand, Mizoram, Odisha, Tripura, and West Bengal were the participating states and UT in the Eastern competition. From…

31 Oct

Gold demand down as ETF outflows outweigh strength in other sectors

editor0 CommentsBusinessETF, GOLD

World Gold Council has issued its third quarter report of 2021, which shows demand for gold* fell 7% year-on-year and 13% quarter-on-quarter to 831t, primarily due to outflows from gold-backed exchange-traded funds (gold ETFs).Net gold ETF sales were relatively small (27t), but when compared to the pandemic-induced buying surge of a year earlier, this was enough to place overall gold demand into a year-on-year decline, despite demand increasing in all other sectors. The gold price averaged US$1,790/oz throughout the quarter – down from Q3 2020’s all-time USD high, but above its 3yr, 5yr and 10yr averages. Louise Street, Senior Markets…

31 Oct

Amway India announces Amitabh Bachchan as its brand ambassador

editor0 CommentsBusinessAmitabh Bachchan, amway

Amway India, has announced the appointment of Bollywood megastar Amitabh Bachchan as its brand ambassador. It is a time in moment as two most iconic, credible & trustworthy brands have come together to proliferate message on significance of holistic health & wellness, women empowerment, and inspiring youth towards entrepreneurship for a progressive India. Commenting on the association, Mr. Anshu Budhraja, CEO, Amway India said, “As we lead our journey towards Amway India’s 25th-anniversary celebrations next year, our aim is to instill his key traits like hard work, focus, determination, and discipline, amongst our incredible direct sellers/retailers. Especially focussing on women…

31 Oct

MPOWER Financing Raises Loan Limit for International Students to $100,000

editor0 CommentsBusinessmpower

MPOWER Financing, has raised its student loan limit from $50,000 to $100,000 (about ₹75 lakh), effective immediately. By raising its loan limit, MPOWER is ensuring that high promise students from India have greater access to education. MPOWER loans can be used for any education-related expense, including tuition, housing meals, books, and health insurance. Manu Smadja, CEO of MPOWER Financing, said “We received an influx of messages from our students indicating that more financial support was needed. We listened. Following our capital infusion this summer, we’re pleased that we can now offer more monetary resources to make obtaining an education in…

31 Oct

Bandhan Bank’s reports strong growth Q2FY22

editor0 CommentsBusinessbandhan bank

Bandhan Bank, has announced its financial results for the second quarter of financial year 2021-22. The Bank continued to witness business growth, as the challenging economic situation gradually eases.The Bank’s total deposits now stand at Rs.81,898 crore. The current account and savings account (CASA) book grew by 45% year-on-year,and the CASA ratio now stands at close to 45% of the overall deposit book. In this period, the Bank’s retail deposit book showed substantial growth, growing 35% year-on-year to Rs. 68,787 crore. The share of retail to total deposits now stands at 84%, showing the granular nature of the deposits with…