Business - The Purbottar

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…

10 Jun

On Sundar Pichai’s birthday, here are some interesting facts about him

editor0 CommentsBusinessGoogle, INDIA, international, Sundar Pichai

Sundar Pichai is an Indian-American business executive. He is the CEO of Alphabet Inc. and its subsidiary Google. He was born on 10 June, 1972. Today on his 49th birthday, we bring you 10 interesting facts about him: 1. Sundar Pichai was born in Chennai, India. 2. Pichai grew up in a two-room apartment in Ashok Nagar, Chennai and had a Hindu upbringing. 3. He has a degree in metallurgical engineering from IIT Kharagpur. 4. He worked in engineering and product management at Applied Materials and in management consulting at McKinsey & Company. 5. He joined Google in 2004, where…

10 Jun

Fire breaks out at Siliguri battery manufacturing factory

editor0 CommentsBusiness, North Bengalaccident, factory fire, INDIA, SILIGURI, uttarkanya, west bengal

A battery manufacturing factory in the industrial area behind the mini-state secretariat for North Bengal, Uttar Kanya, caught fire. The incident created a stir in the entire area. As per the report, on Tuesday night, the locals heard a loud noise around 2 am and rushed to the spot. After sighting the factory on fire, they immediately informed the fire brigade. Four fire engines and the NJP police reached the spot and extinguished the fire. Several damages have been reported in the factory. However, the cause of the fire has not yet been determined. The fire brigade and police assumed…

10 Jun

HCCB distributes dry ration kits among needy villagers

editor0 CommentsBusinessCOVID 19, HCCB, RGVN

Free dry ration kits have been distributed by HCCB (one of India's top FMCG companies) among the needy villagers of Raninagar in Jalpaiguri through a community outreach initiative. HCCB along with its NGO partner, Rashtriya GraminVikas Nidhi (RGVN) organised the programme in association with the Indian Red Cross Society, Jalpaiguri. HCCB is also donating ventilators, ICU beds, ICU equipment, BiPAP machines and several other medical emergency amenities to several hospitals in the country. The gesture is a part of HCCB’s nation-wide CoVID Care plan. HCCB has already been distributing oxygen concentrators to administrators in different parts of the country in…

09 Jun

Recent data leak shows how little Income tax billionaires pay

editor0 CommentsBusinessbillionaires, Income tax, international, leaked data, USA

Data revealing income tax paid by US billionaires has been leaked to a news website. The website says it has seen the tax returns of some of the world's richest people, including Jeff Bezos, Elon Musk and Warren Buffett. It alleges Amazon's Mr Bezos paid no tax in 2007 and 2011, while Tesla's Mr Musk paid nothing in 2018. They claimed the richest 25 Americans pay less in tax, an average of 15.8% of adjusted gross income, than most mainstream US workers. They also said said they were analysing what it called a "vast trove of Internal Revenue Service data"…

09 Jun

Covid Protectors replace Dettol’s iconic logo

editor0 CommentsBusinessdettol, handwash, hygiene

Dettol, India’s most trusted germ protection brand launched a one-of-its-kind campaign, #DettolSalutes. For the first time in its history Dettol, as a tribute to Covid-19 warriors replaced its iconic logo with an image of a Covid protector along with the ‘protector’s’ inspiring story. One Such story is that of Akaash Sarkar (23), a Kolkata-based student. As the COVID-19 second wave grew stronger, a proud parent to a dog called Sandy, Akaash could relate to the challenges of taking care of dogs while fighting a life-threatening disease and so volunteered to foster them for the 14-day quarantine period. Through a social…