Business - The Purbottar

20 Jan

Deorali Bazar ropeway attracts travellers

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The capital town of Sikkim, Gangtok is witnessing an increasing number of tourists from around the country due to its scenic charm and beauty. The major attractions of the city being a Tibetan Buddhist centre, attracting monks from Nepal, Ladakh, Himachal etc. Young hikers from Pan-India are coming to explore the beautiful city of Gangtok. It is considered to be the base for hikers and trekkers for going through Sikkim’s Himalayan mountain ranges. A popular and thrilling tourist attraction in the city has been the ropeway, beginning from Deorali Bazar which is adjacent to most happening place of Sikkim ‘Mahatma…

19 Jan

AU Bank and ICICI Pru Life announce a partnership

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AU Small Finance Bank (AU Bank), a scheduled commercial bank and one of the largest small finance banks in the country, announced a partnership with ICICI Prudential Life Insurance, one of the top private life insurance companies, to offer need and goal-based life insurance solutions. This tie-up between the two leading companies will enrich life insurance offering with an agile, accelerated, digital and paperless platform offered by ICICI Prudential Life. Through this corporate agency arrangement, over 18 lakh customers of AU Bank across over 700 banking touchpoints in 13 states and 2 Union territories, will have an easy access to…

19 Jan

RLG Clean to Green Campaign

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Reverse Logistics Group (RLG), a leading global service provider of comprehensive reverse logistics solutions launched its flagship campaign ‘Clean to Green’ in May 2020 and will be running till March 2021. The campaign aimed at creating awareness and sensitizing consumers on responsible disposal of electronics and safe practices for recycling by partnering with responsible organizations. India is currently the fourth-largest producer of e-waste in the world. About 95 per cent of India’s e-waste is recycled in the informal sector and in a crude manner. RLG’s Clean to Green campaign saw great success over the last 3 years; reached people in…

19 Jan

IIFL Finance launches Gold Loan Mela

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IIFL Finance, one of India’s largest non-banking finance companies, has launched ‘Gold Loan Mela' in Tripura. All new customers get assured gifts on Gold Loan starting Rs. 10,000 and above. This scheme also offers an attractive interest rate starting 1% per month with a commitment of quick processing of loan in just 5 minutes, maximum loan value on Gold and easy digital payment options. The offer is available in 7 IIFL Gold Loan branches across Tripura. IIFL Finance is one of the fastest growing and most retail-focused finance companies in India with over Rs 40,000-crore of assets under management and is present in 2500 locations.…

19 Jan

Mind Wars launches biggest online GK Olympiad

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Mind Wars, a multiplatform knowledge programme promoted by Zee Entertainment Enterprises Ltd has announced India’s largest online general knowledge Olympiad 2020, intending to identify, encourage, and promote students towards achieving a better tomorrow. A national-level championship which started on 22nd November 2020 will go on till 7 February 2021, and it is open to students of classes 4 to 12 from all education boards across India. The 20-minute exam comprises relevant and interesting general awareness question across 5 topics per class that aims at improving students’ ability and growth in the coming years. Furthermore, it is formulated based on the results…

18 Jan

Aditya Birla Health Insurance in Jorhat

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Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a significant non-banking financial services company, announced the launch of its first full-service branch in Jorhat. ABHICL will leverage its new branch to reach out to individuals and empower them with the increasing financial protection needs during unfavourable health conditions. ABHICL has adopted a unique engaging framework utilizing their ‘Phygital’ strategy that empowers individuals to opt for integrated solutions, covering both health insurance with embedded wellness programmes to remain healthy. Being a health and holistic wellbeing promoting company, Aditya Birla Health Insurance is undertaking…

18 Jan

OYO launches an Equal Partner Policy

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The world’s leading hospitality chain, OYO Hotels & Homes announced the launch of its ‘Equal Partner Policy’ at a recently held webinar for its asset owners hosted by Ritesh Agarwal, Founder & Group CEO, OYO Hotels & Homes and Rohit Kapoor, Chief Executive Officer, OYO India & South Asia. The Equal Partner Policy (EPP) is an initiative that will serve as a guiding principle to strengthen trust and increase transparency in the asset owner community. Under EPP, OYO has laid out seven guidelines - Communication, Respect, Availability, Transparency, Recognition, Technology and Togetherness, to ensure that the company creates a collaborative…

18 Jan

Investors may look at UTI Short Term Income Fund

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With the flexibility to take advantage of the yield movement at the shorter end (1 to 3-year segment) of the curve, UTI Short Term Income Fund is primarily an accrual-oriented income fund. The fund predominantly invests in high-quality CDs, CPs and corporate bonds with tactical exposure to sovereign instruments like G-Secs, SDLs, etc. to actively manage duration. The fund manager takes tactical exposure to G-Secs based on evolving market conditions and/or economic outlook, according to UTI sources. In the past quarter, the uptick in economic growth indicates the success of monetary easing and fiscal stimulus seen in past few months.…

16 Jan

WhatsApp Delays Updated Privacy After Backlash

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WhatsApp has announced that it is moving forward the date to accept its new terms and conditions to May 15. The previous date for this was February 8. WhatsApp in its official twitter handle twitted ”Thank you to everyone who’s reached out. We're still working to counter any confusion by communicating directly with @WhatsApp users. No one will have their account suspended or deleted on Feb 8 and we’ll be moving back our business plans until after May - https://blog.whatsapp.com/giving-more-time-for-our-recent-update...” WhatsApp users received a notification this month that it was preparing a new privacy policy and terms, and it reserved…

15 Jan

Sushma Group ventures into Himachal Pradesh

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Sushma Group, a Punjab based leading real estate developer, ventures into Himachal Pradesh by announcing the launch of its exquisite residential project Sushma Elementa. The project offers an ideal destination for holiday homes in Kasauli, a picturesque hill station in Solan district which is to be developed with an investment of Rs 50-cr. The project is spread over 6 acres. The project will offer a total of 382 units of 1, 2 & 3 BHK apartments in 8 towers. Located at the height of 6,000 feet above sea level, all apartments in the project are valley facing and offers the…