Business - The Purbottar

29 Aug

Godrej Agrovet signs MoU with Assam, Manipur and Tripura

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Godrej Agrovet, one of India’s largest diversified agribusiness company, announced that it has signed three MoUs (Memorandum of Understand) with Assam, Manipur and Tripura state governments for development and promotion of oil palm cultivation in the region under the National Mission on Edible Oils-Oil Palm (NMEO-OP) scheme. Godrej Agrovet is the largest oil palm processor in India and works directly with the farmers for the entire lifecycle of their crop. The MoUs are in line with Godrej Agrovet’s long-term strategy to be the catalyst in India’s oil mission through sustainable growth of oil palm production and double farmer’s income. In…

29 Aug

PNB MetLife launched Junior Badminton Championship 2022

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PNB MetLife has launched PNB MetLife Junior Badminton Championship 2022 (JBC), to be held in 12 states across India under the banner of 12 State Badminton Associations. This marks the 6thedition of PNB MetLife’s sponsorship since it launched this successful sporting event in 2015 to build the sport for young talent. On the launch of JBC 2022, P.V. Sindhu, two-time Olympic Medallist and brand ambassador of PNB MetLife, said, “I’m delighted to be associated with a brand that lays emphasis on harnessing the potential of young sports enthusiasts who are poised to become the Badminton stars of tomorrow.” The 6th…

26 Aug

Govt. of Nagaland and JK Trust signed MoU

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A social initiative of Raymond JK Trust together with its supporting partners,signed a MoU with the Government of Nagaland to launch an “Employment Linked Skill Training Program” in Kohima during CSR Conclave. The MoU was signed in the presence of the Hon’ble Finance Minister of India, Smt.Nirmala Sitaraman and Hon’ble Chief Minister Shri. Neiphiu Rio. The project is supported by NABARD (National Bank for Agriculture and Rural Development), Silver Spark Apparel Limited (Raymond Group) and Directorate of Technical Education under the Government of Nagaland. India has a demographic dividend advantage and if this potential is tapped, the country will witness…

26 Aug

Bandhan Bank celebrates its 7th anniversary

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Bandhan Bank has celebrated its 7th Anniversary. Dr. Pronab Sen, the former Principal Economic Advisor, Planning Commission, graced the occasion as the chief guest. He has delivered the Anniversary Lecture on “Build Back Better – The Role of Finance”. On this occasion, the Bank has launched a new account, called ‘Neo+ Digital Savings Account’, to offer more convenience to the customers. This account offers a completely paperless and contactless account opening process, including a video KYC module. It also provides instant access to mBandhan mobile app and Internet Banking for online transactions. Chandra Shekhar Ghosh, Founder, MD and CEO, Bandhan…

25 Aug

Meesho digitises over 5,000 small businesses from Assam

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Meesho has announced that more than 5,000 small businesses from the state of Assam are now registered on the platform. The platform also recently logged more than 102 million downloads in Q4 FY2022, up more than 5x year on year. Meesho has witnessed a significant increase in the number of MSMEs from Assam joining the platform in the past year. Top categories preferred by the suppliers in the region include apparel, personal care & wellness, consumer electronics and home décor. Meesho has extensively worked towards supporting and enabling SMBs across the country especially helping small cities exploit the benefits of…

25 Aug

Union Finance Minister visits Axis Bank’s Mon branch

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Smt. Nirmala Sitharaman, the Finance Minister of India, lauded the efforts of Axis Bank (India’s third largest private sector bank) for dedicating its Mon branch, which is now the first private sector bank branch in Mon District, Nagaland. It was a proud moment for the Bank as the Finance Minister of India graced the new branch at Mon and addressed its people in the presence of Mr. Amitabh Chaudhry, MD & CEO, Axis Bank and Mr. Ravi Narayanan, Group Executive & Head - Branch Banking, Retail Liabilities & Products, Axis Bank. Axis Bank recently dedicated four branches in the North-East region. It includes the Mon Branch…

25 Aug

Amway India turns 100% Plastic Waste Neutral

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One of the largest FMCG direct selling companies in India, Amway India has become ‘Pre- and Post-Consumer Plastic Waste Neutral’ after having managed 100% post-consumer plastic waste based on its Extended Producer Responsibility (EPR) collection and recycled 100% pre-consumer plastic waste generated at the Amway manufacturing facility. Amway India has collected and recycled 800 metric tons of post-consumer plastic waste, which is equivalent to managing over 50 million units of plastic product waste comprising bottles, tubes, caps, jars, and sachets of different sizes. Additionally, it has recycled and reused 100% hazardous products and plastic waste at its manufacturing plant to…

25 Aug

Tata Motors receives orders for e-buses from BMTC, DTC and WBTC

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Tata Motors (India’s largest commercial vehicle manufacturer) has won an order of 921 electric buses from Bengaluru Metropolitan Transport Corporation (BMTC). Under the larger tender by Convergence Energy Services Limited (CESL), Tata Motors will supply, operate and maintain 12-metre electric buses for a period 12 years, as per the contract. Till date, Tata Motors has supplied more than 715 electric buses across multiple cities in India, which have cumulatively clocked more than 40 million kilometers. Tata Starbus is an indigenously developed vehicle with superior design and best-in-class features designed for sustainable and comfortable travel. Tata Motors has already received orders…

24 Aug

UTI Mastershare Unit Scheme: An open-ended equity scheme

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Launched in October 1986, UTI Mastershare Unit Scheme is India’s first equity-oriented fund. It has a track record of wealth creation of over 35 years. UTI Mastershare Unit Scheme is an open-ended equity scheme which predominantly aims to invest in large cap companies having competitive advantage in their respective fields. It follows an investment style of Growth at Reasonable Price (GARP) for stock picking. This means that, given the underlying growth in earnings of a company, a reasonable price is to be paid to buy that stock in the portfolio.The Fund aims to invest in companies that are fundamentally strong…

24 Aug

Soch celebrates the milestone opening of its 150th store

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Soch has launched its 150th store on the occation of August 15th this year. The store is located in Bangalore, with this Soch can be found all over the country across 59 cities. Soch believes in the power of the consumer and keeps this in mind when curating their new collections, staying up to date on trends, and producing a variety of designs; Soch has something for everyone. The strong retail and online presence that Soch has amassed over the years has been 16 years in the making. With 150 stores nationwide, Soch has become a trendsetter in the Indian…