Business - The Purbottar

23 Sep

AGIL eyes 100% growth in Exports in FY21-22

editor0 CommentsBusinessAGIL, Business

India’s leading tiles brand Asian Granito India Limited (AGIL) is eyeing exponential growth from exports business in the current fiscal. Company expects to clock export business of around Rs. 350 - 400 crore in the current fiscal of FY21-22 and also aims to expand its business network in over 120 countries from 100 currently. For FY20-21, consolidated export sales for the company was reported at Rs. 216 crore. Anti-China sentiments, lower duties on export to USA, robust export orders from USA, Europe, UK and Middle East are driving the export business in the current fiscal and it is expected to…

23 Sep

5G trials: Vi Records top 5G speeds

editor0 CommentsBusiness5G SPEED, Business, vi

Vodafone Idea Limited (VIL) is conducting 5G trials on Government allocated 5G spectrum in Pune (Maharashtra) and Gandhinagar (Gujarat), along with its technology vendors. In Pune city, Vi has deployed its 5G trial in a lab setup of end-to-end captive network of Cloud Core, new generation Transport and Radio Access Network. In this trial, Vi has achieved peak speed in excess of 3.7 Gbps with very low latency on the mmWave spectrum band. These speeds were achieved with state-of-the-art equipment in 5G Non-Standalone network architecture and using NR Radios. Vi has also achieved peak download speeds of up to 1.5 Gbps…

20 Sep

India’s Medtronic showcases its new robotic-assisted surgery platform, Hugo™ RAS System at Surgical Robotics Experience Center

editor0 CommentsBusiness, Technology

India Medtronic Private Limited-the world's largest medical technology, services, and solutions company showcased its new robotic-assisted surgery platform, Hugo™ RAS system, at its state-of-the-art Surgical Robotics Experience Center (SREC), which was inaugurated in Gurugram. The center was inaugurated by Padma Bhushan Dr. BK Rao, Chairman NABH, Chairman ASSOCHAM National Health Committee and Former Chairman- Board of Management at Sir Ganga Ram Hospital, Delhi in the presence of Chief Guest Shri Amitabh Kant, CEO, NITI Aayog. The SREC is the company's first in Asia Pacific and one of ten world-class facilities around the globe today where clinicians can experience and train…

20 Sep

Flipkart Onboards 75,000 sellers on its platform

editor0 CommentsBusinessFlipkart, msme

Flipkart, India’s homegrown e-commerce marketplace said it would onboard 1.2 lakh new sellers and medium, small and micro enterprises on its platform by December 2021. These new entrants would potentially create over 4 lakh direct and indirect jobs in the country. Flipkart has already onboarded around 75,000 sellers on its platform over the last few months. The new sellers and MSME base predominantly come from Tier 2 and 3 markets such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and many others.Currently, the Flipkart Marketplace supports digital commerce for 3.75 Lakh sellers and is steadily working towards taking this number to…

20 Sep

Flipkart strengthens its supply chain for the upcoming festive season

editor0 CommentsBusinessFlipkart, supply chain

Flipkart, India’s homegrown e-commerce marketplace, has strengthened and expanded its supply chain across the country in the run-up to the festive season to cater to the growing needs of millions of consumers coming online and to support market access for lakhs of MSMEs, sellers, artisans, and kiranas. Flipkart has also strengthened its last-mile reach with the addition of more than 1,000 new delivery hubs (DH) across the country. The complexity and scale of the Big Billion Days require investments for capacity, storage, sorting, packaging, human resources, training, and delivery. The festive season requires the supply chain to be scaled up…

20 Sep

MG Motor India unveils Astor

editor0 CommentsBusinessMG Motor

MG Motor India has unveiled MGAstor, India’s first SUV with personal AI assistant and first-in-segment Autonomous (Level 2)technology. Astor is based on the MG’s successful global platform, ZS.Astor’s contemporary style will connect with consumers. It has a prominent Bold Celestial Grillethat makes a solid on-road impression. Astor’s nine crystal diamond elements in the LEDheadlamps make for a distinct hawk-eye expression with precise details. The interiors areelegantly crafted with soft-touch and premium material. It will be coming in two engine options– the Brit Dynamic 220TURBO petrol engine and the VTi Tech petrol engine. The much-awaited mid-size MG Astor will be on…

20 Sep

Ashok Leyland expands its LCV portfolio

editor0 CommentsBusinessAshok Leyland

Ashok Leyland, the flagship company of the Hinduja Group andIndia’s leading commercial vehicle manufacturer, launched the BADA DOST in West Bengal,reinforcing its offering in the LCV (Light Commercial Vehicle) range. Through this, thecompany increases its addressable domestic LCV market by tapping into the potential of thissegment in West Bengal. BADA DOST builds on the strong foundation laid by the DOST brand,which is known for reliability, mileage and comfort. It features customer-centric offerings ontechnology and driver comfort while being contemporary and futuristic. Equipped with the latestBS-6 engine, has two variants, i4 and i3, with a best-in-class payload capacity of 1,860 kg…

20 Sep

Mahindra launches FURIO 7 range of LCV Trucks

editor0 CommentsBusinessFURIO 7, mahindra

Mahindra’s Truck and Bus Division (MTB), a part of the MahindraGroup, announced the commercial launch of the new Mahindra FURIO7, its latest, modern rangeof Light Commercial Vehicles (LCVs) with an unprecedented double guarantee of ‘MoreMileage or Truck Back’ and ‘Guaranteed Resale Value’ after five years. MTB has extended its existing FURIO – an Intermediate Commercial Vehicle brand launched in2019 – to an all-new Light Commercial Vehicle range, the Mahindra FURIO7. This range willbe available across three product platforms: 4-Tyre Cargo, 6-Tyre Cargo HD and 6-Tyre Tipper.The range will cover every application of business needs in Light Commercial Vehicle segments,delivering the…

16 Sep

India, UK aim to start FTA talks by November 1

editor0 CommentsBusiness, India, International

India and the United Kingdom plan to launch negotiations on a trade deal between the two nations by 1 November 2021, the commerce and industry said on Tuesday.Both nations are looking at an interim trade deal by March next year, which will be followed by a comprehensive FTA. The interim deal will involve early concessions on certain key high-priority products and services related to tariffs or market access Commerce and industry minister Piyush Goyal said that an interim trade agreement is the first step towards an FTA that would allow both nations to immensely benefit from the early gains of…

16 Sep

Flipkart strengthens Kirana Delivery Program

editor0 CommentsBusinessDelivery Program, Flipkart

In view of the upcoming festive season andthe Big Billion Days, Flipkart announced the strengthening of its ‘Kirana Delivery Program’,which helps onboard local general trade stores as delivery partners. This festive season, Flipkarthas strengthened its Kirana delivery program with more than 100,000 Kirana partners fromacross the country that will deliver millions of shipments during the festive season. Last year,more than 10 million deliveries were made by these specially trained Kirana partners during thefestive season.Flipkart started the program to help local stores and shops in 2019, and since then, has investedconsistently to get these businesses ready for making deliveries. With a…