Business - The Purbottar

01 Jun

Kotak Mahindra Bank customers can update their address through DigiLocker

editor0 CommentsBusinessDigiLocker, Kotak Mahindra Bank, Net Banking

Kotak Mahindra Bank on Tuesday said it has completed an integration of its net banking platform with DigiLocker. Now customers with the bank can be instantly updated their correspondence address on net banking through DigiLocker. DigiLocker is one of the flagship initiatives under the Government of India’s Digital India programme aimed at providing paperless governance to citizens. With many customers having relocated to their hometowns during the COVID-19 pandemic, this facility gives customers one more option through which they can easily change their correspondence address, instantly and completely online, said a company statement. Puneet Kapoor, President – Products, Alternate Channels…

01 Jun

Housing.com-ISB’s Housing Pricing Index

editor0 CommentsBusinessDurga Shanker Mishra, Housing Pricing Index (HPI), Indian School of Business (ISB), Union Housing & Urban Affairs Secretary

Leading online real estate portal Housing.com along with Indian School of Business (ISB) launched its Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India after agriculture. Launched during a virtual meet attended by Union Housing & Urban Affairs Secretary, Durga Shanker Mishra and several industry bigwigs and academicians, the HPI will provide monthly reports on price and quantity movement in various property markets across the country. The HPI, created in association with Indian School of Business’ (ISB), Srini Raju Centre for IT and the Networked Economy (SRITNE), aims to serve as a tool that…

31 May

HDFC Bank To Set Up Medical Infrastructure For Covid-19 Relief

editor0 CommentsBusiness, HealthBusiness, Covid-19, HDFC Bank, INDIA

HDFC Bank, under Parivartan, announced today a slew of measures to set up and enhance medical infrastructure across the country to assist the fight against the pandemic. The measures comprise setting up permanent medical infrastructure such as Oxygen plants, medical equipment, and ICU facilities, in addition to providing medical supplies to hospitals across India. The Bank has committed an initial amount of Rs 100 crore under Parivartan in FY 21-22 for Covid-19 relief initiatives. In FY 20-21, the Bank contributed Rs 120 crore towards Covid-19 relief, as part of Parivartan. To help improve the medical infrastructure across India, the Bank…

31 May

Airtel takes another step in delivering the best network experience for customers in Assam

editor0 CommentsAssam, Businessairtel, Assam, Business, INDIA, TECHNOLOGY

Bharti Airtel (“Airtel”), India’s premier communications solutions provider, today said that it has upgraded its mobile network in Assam to deliver the best network experience for its customers. Airtel has deployed an additional 10 Mhz spectrum in the 2300 Mhz band along with advance network software tools across its network in the state to significantly bolster high speed data capacity. The deployment will strengthen an already superior network for Airtel customers across the state. It will enable improved network availability and data speeds as more and more people access high speed data services from their smart devices. Airtel had acquired the 10…

29 May

Jaishankar holds a “productive discussion” with US Secretary of State Antony Blinken

editor0 CommentsBusinessinternational, S Jaishankar, USA

External Affairs Minister S Jaishankar met US Secretary of State Antony Blinken on Friday, in what was their second meeting after they met on May 3 on the sidelines of the G-7 Foreign Ministers’ meeting in London. After the meeting, both Jaishankar and Blinken called it a “productive discussion”. Blinken said that they discussed issues on “regional security and economic priorities to include U.S. COVID-19 relief efforts, India-China border situation, and our support for Afghanistan”. “As friends, we will work together to address these areas of shared concern,” he said. https://twitter.com/SecBlinken/status/1398425101087895553?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1398425101087895553%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Findianexpress.com%2Farticle%2Findia%2Fjaishankar-blinken-have-productive-discussion-indian-side-highlights-vaccine-partnership-7335176%2F Jaishankar said that that they also “focused on Indo-US…

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…