Business - The Purbottar

28 May

Nike stops working with footballer Neymar after allegations of sexual assault were put on him

editor0 CommentsBusinesscrime, football, neymar, nike, sexual assault

US sportswear giant Nike says it stopped working with Brazilian footballer Neymar because he "refused to co-operate in a good faith investigation" into an allegation of sexual assault against an employee. The alleged incident happened in 2016 and was reported to Nike in 2018. Nike said its investigation was inconclusive. A spokeswoman for Neymar said he denied the sexual assault and split with Nike last year for commercial reasons. "Neymar Jr will vigorously defend himself against these baseless attacks in case any claim is presented, which did not happen so far," she told the Wall Street Journal (WSJ) newspaper, which…

28 May

Nissan provides cooked food packets to migrant workers

editor0 CommentsBusiness, HealthCOVID 19, nissan, RNAIPL

Over the last few months and as part of the relief equipment support, Nissan India has distributed N-95 masks, PPE kits, oxygen concentrators, portable ECG machines, X-ray machines, pulse oximeters and nasal oxygen machines in Delhi NCR & Chennai. Additionally, in partnership with the World Community Service Centre, RNAIPL distributes cooked food packets to migrant workers and the needy to solve the rising hunger crisis during the lockdown period. Nissan India has contributed Rs 2.2-crore to the Tamil Nadu State Disaster Relief Fund, Rs 25-lakh to the Tamil Nadu CM Relief Fund and over Rs 4.3-crore for COVID-19 relief equipment,…

28 May

ASCI issues final Guidelines

editor0 CommentsBusinessasci, ASCI.Social, Big Bang Social, Subhash Kamath

The Advertising Standards Council of India (ASCI) unveiled the final guidelines for influencer advertising on digital media. The draft guidelines initially were issued in February and feedback from all stakeholders – advertisers, agencies, influencers and consumers – was sought. To ensure a collaborative process and expert inputs, ASCI tied up with Big Bang Social, a leading marketplace for social storytelling, to get India’s leading digital influencers’ views on board. The guidelines will be applicable to commercial messages or advertisements published on or after June 14, 2021. ASCI received feedback from more than 25 different stakeholders over two months. ASCI took…

27 May

Tata group targets on acquiring Curefit.

editor0 CommentsBusinessTATA

With an eye on expanding its online universe, Tata group is now looking to acquire health and fitness startup Curefit, according to a report by Economic Times quoting sources. This comes after the conglomerate acquired majarority stocks in big basket and online pharmacy 1mg. The company which has raised Rs 3,033 crore and is valued at Rs 5,819 crore has had investments from Temasek, Kalaari Capital, Accel and others. This deal would help Tata Group build a salt-steel digital ecosystem of businesses pitting itself against Reliance Industries Ltd and its suite of digital businesses. Tata is also planning to bring on board, founder…

27 May

KFC delivers with 4X Safety Promise

editor0 CommentsBusiness4X Safety Promise, KFC

KFC India has upgraded its standards of safety and hygiene with more focus on Screening, Sanitization, Social Distancing and Contactless service. Ensuring customers have easy access to their hot & fresh KFC favourites, KFC India operates Contactless Delivery & Contactless Takeaway. Customers can visit www.online.kfc.co.in or download the KFC App and get the KFC Bucket. KFC’s 4X Safety Promise: (i) Screening - Regular temperature screening takes place for all team members, including delivery riders. Anyone with symptoms as cold, cough, etc. is encouraged to stay at home until they get better. (ii) Sanitization - Intensified sanitization of all surfaces, including…

27 May

ICICI Pru Life’s ‘Product of the Year 2021’

editor0 CommentsBusinessGuaranteed Pension Plan, ICICI Prudential Life Insurance, Product of the Year – Retirement and Pension Plans

An innovative retirement solution has been launched by ICICI Prudential Life Insurance by combining two variants of its popular ‘Guaranteed Pension Plan’. It offers a guaranteed return on investments. This solution provides customers with increasing regular income that doubles after five years and triples after the 11th year, thereby shielding them against the rising cost of living. The pandemic has made customers appreciate the importance of financial planning, and this is specially so for life after retirement. The customer-centric retirement or annuity products offered by the Company have enabled it to grow the annuity business segment by 120% in FY2021.…

27 May

Countries to approach tourism post-pandemic: Here are the Countries that are set to reopen

editor0 CommentsBusiness, Health, TravelBusiness, Covid-19, Health, international, tourism, travel

The rollout of vaccines against COVID-19 is giving government officials in many countries new confidence to welcome visitors. The World Travel & Tourism Council estimates that the sector lost nearly $4.5 trillion and 62 million jobs last year. Airlines alone lost $126 billion last year and are on track to lose another $48 billion this year, according to their largest trade group. “Summer is a strong season for most markets, particularly Europe and the U.K. We really hope to see restrictions ease,” said Virginia Messina, interim leader of the World Travel & Tourism Council. The patchwork of rules around the…

27 May

Fugitive Mehul Choksi captured in Dominica

editor0 CommentsBusinessantigua, Business, crime, dominica, INDIA, Mehul Choksi

Mehul Choksi’s arrest in Dominica has brought relief to the family, his lawyer Vijay Aggarwal said Thursday. Vijay said the family was relieved the fugitive diamond trader was safe. “Efforts are on to speak to him so that we can know how he was taken to Dominica,” He added Choksi had been missing from his home in Antigua and Barbuda, the Caribbean nation of which he has been a citizen since early 2018. According to sources, Choksi was caught by the local police of Dominica on Wednesday night while trying to flee to Cuba in a boat. Sources said the…

26 May

WhatsApp sues Indian govt, says new media rules mean end to privacy

editor0 CommentsBusiness, TechnologywhatsApp policy

WhatsApp has filed a lawsuit in the Delhi High Court against the government's new digital rules that take effect today, saying these would compel it to break privacy protections to users.The Facebook-owned messaging service filed its petition on Tuesday against the rules that will require it to "trace" the origin of messages sent on the service, which is says is a violation of privacy. "Requiring messaging apps to 'trace' chats is the equivalent of asking us to keep a fingerprint of every single message sent on WhatsApp, which would break end-to-end encryption and fundamentally undermines people's right to privacy," WhatsApp,…

26 May

Amway organizes virtual sessions encouraging healthier life

editor0 CommentsBusiness, HealthAmway India, World Asthma Day, World Health Day, World Laughter Day

Amway India, one of the country’s leading FMCG Direct Selling Companies, kick started the awareness campaign to encourage ‘Health and Hygiene’ practices. Consistently promoting healthy living with a clear focus on supporting immunity through nutrition, Amway took this initiative. The campaign, launched on Amway’s 23rd anniversary in India, aims at spreading awareness on how the right nutrition can help in building a healthy lifestyle. The campaign is being supported through a series of virtual sessions with panels of doctors and nutrition experts. Under the campaign, the doctors and nutrition experts are joining in to provide pertinent information relevant to the…