Business - The Purbottar

15 Jun

Study says ,Sputnik V is more effective against the Delta variant of coronavirus

editor0 CommentsBusinessCorona Virus, Sputnik V

The Russia's Covid-19 vaccine has claimed that Sputnik V is more efficient against the Delta variant of coronavirus than any other vaccine. Sputnik-V has claimed that the one which was found in India., the Gamaleya Center study has the vaccine most effective vaccine against the coronavirus. The first dose of the imported vaccine was administered in Hyderabad last month. The Drugs Controller General of India, gave the authorization use emergency for the Sputnik V vaccine. while that of Covaxin is Rs 1,410 per dose, for private COVID-19 Vaccination Centres ,the maximum price of Covishieldhas been fixed at Rs 780 per…

15 Jun

Ram Mandir Trust speaks out on Temple’s land price controversy

editor0 CommentsBusinessINDIA, plot controversy, ram mandir

As the 'Ram Mandir' plot of land in Ayodhya has come under scrutiny, the Ram Janmbhoomi Trust has issued a factual report on the controversial land deal explaining the price difference of the plot. The Ram temple trust has said the charges are being concocted by BJP's rivals. It has also sent its report to the Centre, BJP and RSS, explaining the price difference. In its statement, the Ram temple trust has said the plot of land is located next to the road approaching the Ram Janmbhoomi Mandir and is of premium value. Bjp termed the war of words that…

15 Jun

Govt confirms first death in India after Covid vaccination

editor0 CommentsBusinesscovid, Dr NK arora, vaccination

The government panel that was studying vaccine side-effects has confirmed that a 68-year-old man died due to anaphylaxis -- a severe, potentially life-threatening allergic reaction -- after he was administered a coronavirus vaccine. Speaking with India Today TV, AEFI Chairperson Dr NK Arora confirmed a death following the Covid-19 vaccination but refused to comment further. AEFI chairperson , Dr NK Arora said that the death assessment report shows that the 68-year-old received his vaccine shot on March 8, 2021 and after an investigation we have found that the reason behind the death is anaphylaxis. The other anaphylaxis cases occurred in…

14 Jun

Nissan Magnite is available through CSDs

editor0 CommentsBusinessCanteen Store Departments, datsun, nissan

The availability of the entire range of Nissan and Datsun products in Canteen Store Departments (CSD) has been announced by Nissan India. Defense personnel can now avail all CSD approved applicable discounts and offers through CSD Depots across the country. “Nissan is honored to serve our brave defense personnel and is delighted to bring the entire range of Nissan and Datsun products along with the newly launched game changer in the SUV segment, the all-new Nissan Magnite, at the highest value proposition,” said Rakesh Srivastava, Managing Director, Nissan Motor India. Nissan's digital platform, Shop@Home allows defense personnel to book their…

14 Jun

Tata Steel BSL Ltd reduces debt by 60 per cent

editor0 CommentsBusinessBSL Ltd, Tata Steel

Tata Steel has been able to significantly make good on its big-ticket purchase of Bhushan Steel Limited (BSL) three years ago that potentially makes it the most successful acquisition by the company. Tata Steel Ltd had stumped up Rs 35,200 crore for the Odisha-based plant which can produce 5.6 million tonnes. While the parent invested Rs 19,700 crore from its own balance sheet, it also put in place a 12-year long-term take-out financing of Rs 15,500 crore for Tata Steel BSL. A back of the hand calculation suggests the company has been able to reduce leverage by Rs 9,300 crore,…

14 Jun

Jeff Bezos, his brother Mark, along with two other crew members to head for Space

editor0 CommentsBusinessauction, INDIA, jeff bezos, space

A mystery person has paid $28m in an auction held on Saturday, for a seat on Jeff Bezos's first crewed spaceflight by Jeff's own company, Blue Origin. The company said that the winner's identity would be revealed in the coming weeks. The other two crew members of the 20 July flight are Mr Bezos' brother Mark and an unnamed space tourist. The bidding process attracted interest from more than 140 countries. After a nearly month, the top bid had stood at just under $5m, but once Saturday's online auction got under way that figure rose more than five times. "The…

12 Jun

ESL Steel’s 100-bed field hospital in Bokaro

editor0 CommentsBusinessbokaro, esl seel, esl steel, sadar hospital, vedanta

Jharkhand Chief Minister Hemant Soren virtually launched Vedanta group company ESL Steel’s 100-bed COVID facility in Bokaro in the presence Vedanta Chairman Anil Agarwal. The hospital is aimed at ramping up the medical infrastructure so that people from the marginalised sections in the region have access to medical care facilities free of cost. Jharkhand Chief Minister, Hemant Soren, Health Minister, Mr Banna Gupta, Member of Parliament PN Singh, SAIL Director Ic Amarendu Prakash and Dr. Ashok Pathak attended the inaugural event. Sauvick Mazumdar, CEO of Vedanta’s Iron & Steel Business and NL Vhatte, CEO of ESL Steel, were also present.…

12 Jun

Her&Now Entrepreneurship Support Programme

editor0 CommentsBusinessEssille Heisman, Essille’s make-up studio, Her&Now, LGBTQ+

The beauty and make-up industry employs large numbers of LGBTQ+ workers. But, there is widespread discrimination and bias prevalent against the Lesbian, Gay, Bisexual, Transgenders, Queer and the allied community. Essille Heisman, a 28-year-old entrepreneur has had first-person experiences of witnessing the exploitation and other social challenges faced by the community. So, she decided to do something about it through her personal efforts and her enterprise in Imphal, Manipur. In June 2020, Essille joined the Indo-German Her&Now Entrepreneurship Support Programme, which enabled her to set-up her own studio ‘The Artist in You: A Gender-Free Paradise’ and launch it officially…

12 Jun

Prabha Khaitan Foundation presents ‘Kitaab’

editor0 CommentsBusinessKitaab, Lord Jeffrey Archer, Prabha Khaitan Foundation, Turn a Blind Eye

Prabha Khaitan Foundation hosted ‘Kitaab’, marking the India launch of Lord Jeffrey Archer’s book ‘Turn a Blind Eye’ in north-east. ‘Kitaab’ provides a platform to authors to display and showcase their newest literary works before a discerning audience and the media through tastefully curated book launches. The newest novel in Jeffrey Archer’s latest series is reason for excitement for those who have a penchant for the author’s attention to detail. “Prabha Khaitan Foundation is dedicated to promoting Indian culture. Under the initiative ‘Kitaab’, Prabha Khaitan Foundation has curated literary sessions across the country and even in different parts of the…

10 Jun

Equity mutual funds net inflows of over Rs 10,000 crore in May

editor0 CommentsBusinessEquity Mutual Fund, Net inflow, Second Covid- 19 wave

Equity mutual funds saw net inflows of over Rs 10,000 crore in May as investors overlooked the second Covid- 19 wave to focus on corporate earnings and better growth ahead. “This kind of consistent numbers look favourable for the mutual fund industry and for the economy as a whole as it highlights investor’s confidence and normalcy taking its hold back in the economy,’’ said Mohit Nigam, head, PMS- Hem Securities. Multi-cap funds saw the largest net inflow at Rs 1,954 crore. This was followed by a net inflow of Rs 1,368 crore in mid-cap funds, Rs 1,169 crore in focussed…