Business - The Purbottar

03 Jul

Nissan unveils EV36Zero – a £1bn EV Hub

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Nissan unveiled Nissan EV36Zero, a £1 billion flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem. Centred around the record-breaking plant in Sunderland, UK, Nissan EV36Zero will supercharge the company’s drive to carbon neutrality and establish a new 360-degree solution for zero-emission motoring. As part of the £1 billion announcement, Nissan will invest up to £423 million to produce a new-generation all-electric vehicle in the UK. The transformational project has been launched with an initial £1bn investment by Nissan and its partners Envision AESC, a global player in world-leading battery technology, and Sunderland City Council. Comprised of three…

03 Jul

IDP to acquire British Council’s IELTS business

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IDP and British Council, two partners of IELTS, the world’s most popular high-stakes English language test, have announced that British Council will sell its IELTS business in India to IDP. This means that all IELTS tests in India will be delivered by IDP. Under the terms of the agreement, IDP will acquire 100 per cent of British Council’s India IELTS business for £130 million on a debt free, cash free basis. The terms also outline that British Council employees working on IELTS in India will become part of the IDP team. The International English Language Testing System (IELTS) is the world’s…

02 Jul

Nissan India wholesales 3503 vehicle in June 2021

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On the strength of the all-new Nissan Magnite and its existing product offerings in India, Nissan Motor India announces a total wholesale of 3503 vehicles in June 2021. Nissan has worked towards endowing its customers with the best value offering in the sub-compact and C-segment SUV category with the Nissan Magnite & Nissan KICKS. Nissan India’s subscription plan enables customers to own a vehicle with a ‘White Plate’ and a ‘Buy Back Option’ in Delhi NCR, Hyderabad, and Chennai. The plan comes with Zero Down Payment, Zero Insurance Cost, and Zero Maintenance Cost. Nissan India recently announced the availability of its…

02 Jul

Amazon Prime’s wide range of benefits

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Amazon Prime has been a catalyst in providing an unparalleled combination of shopping and entertainment benefits to its members. Insights shared by Amazon India indicate that Prime members continue to adopt the program for its various benefits to add ease and convenience to their everyday lives. Apart from Kolkata and Siliguri, members in smaller towns such as Durgapur, Howrah, Hooghly and Kharagpur are enjoying shopping and entertainment benefits with Amazon Prime. For just Rs 329 for three months or Rs 999 a year, Prime members can enjoy unlimited free delivery on millions of eligible items, early and exclusive access to…

01 Jul

SpiceJet net loss at over Rs 235 cr in Q4FY21

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SpiceJet on Wednesday reported a net loss of Rs 235.3 crore in the fourth quarter of FY21 against a loss of Rs 807.1 crore in the same quarter of the previous year. As per the company, business continues to be severely impacted by the second wave of the Covid-19 pandemic which has adversely hit operations and travel demand. The airline reported a net loss of Rs 998.3 crore in FY2021. On a segment-wise basis, the revenue from cargo operations increased by 518 per cent aggregating to Rs 1,117.5 crore for FY2021 with profit of Rs 130.9 crore for the full…

01 Jul

Amazon introduces ‘Amazon Day’ Delivery

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Amazon India launched ‘Amazon Day Delivery’ for all Prime members, giving Prime members the option of choosing a weekly delivery day for the items they purchase throughout the week. Customers can conveniently choose between Prime’s fast, free shipping or ‘Amazon Day Delivery’ during check out. 'Amazon Day’ also makes it easier to get purchases grouped and delivered together resulting in fewer trips to the customer location, thus a reduction of carbon emissions. The delivery option is one among Amazon’s many sustainability initiatives to help achieve Shipment Zero, the company’s global vision to make all Amazon shipments net-zero carbon, with 50%…

30 Jun

Asian Granito subsidiary completes major expansion

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Asian Granito India Limited (AGIL) has completed a major expansion at its subsidiary, Crystal Ceramic Industries Private Limited (Crystal Ceramics). Crystal Ceramics added brown field expansion of 12,000 Square meters per day in a new production line of Glazed Vitrified Tiles at its Mehsana Plant in Gujarat. Crystal Ceramics Industries Limited has invested Rs. 25-Crore for this expansion. Asian Granito holds a 70% equity stake in Crystal Ceramics. This expansion will increase the total capacity of Crystal Ceramics to 36,000 Square meters per day. The capacity addition will add an incremental sales of around Rs. 70-75-Crore per annum in Crystal…

30 Jun

PayPoint launches Micro-ATMs

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PayPoint India has launched a series of 'Micro-ATMs' (m-ATMs) in North-East India. The m-ATMs can be deployed in rural areas from where people travel long distances just to access the nearest ATM or a bank. The handheld machines can be set up at local Kirana shops and use the same cash box of these shops. The m-ATMs are an ideal backup and a pivotal resource for enabling essential cash transactions when the bigger ATMs run dry. They can be easily paired with a mobile or laptop for instant delivery of cash through retail shops. Advanced and portable m-ATMs with modern…

29 Jun

ŠKODA KUSHAQ comes in India

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Renewing commitment to India, ŠKODA AUTO takes a strong stride forward as the company opened bookings and announced the prices for its most-anticipated SUV under the India 2.0 Project –ŠKODA KUSHAQ. Since its world premiere in India earlier this year, KUSHAQ has created a strong presence and stands out as an entirely new ŠKODA. The KUSHAQ comes with numerous active and passive safety features along with ESC as standard across all variants. With the KUSHAQ launch, the company will penetrate deeper in the country by expanding its network to Tier II and III cities. ŠKODA AUTO India currently has120 sales…

26 Jun

Godfrey Phillips ranks in ‘Best Companies to Work’

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Godfrey Phillips India bags the coveted title of Best Companies to Work for 2021. Participating for the third year, Godfrey Phillips India received a ranking of 28th this year. The recognition by Great Places to Work (GPTW) that ranks companies worldwide on outstanding people practices and workplace cultures is a validation of the dynamic culture of Godfrey Phillips that stands on the pillars of respect, transparency, collaboration, empowerment and passion for winning. Godfrey Phillips takes pride in its ‘People First’ philosophy that lies at the core of all business decisions. The GPTW ranking validates the forward-thinking best practices that the…