Business - The Purbottar

27 Apr

Jindal Steel and Power Ltd divest its 96.42% equity stake to Worldone Pvt Ltd.

editor0 CommentsBusinessequity stake, Jindal Power Ltd, Jindal Steel and Power Ltd, JSPL, Worldone Pvt Ltd

The Board of Directors of Jindal Steel and Power Ltd (JSPL) approved a binding offer from Worldone Pvt Ltd to divest its entire equity stake (96.42 %) in Jindal Power Ltd (JPL) in an all-cash offer of Rs 3,015 crore. This divestment plan includes 3,400 MW coal fired power plants in Chhattisgarh and other non-core assets owned by JPL. JSPL is a leading Indian infrastructure conglomerate with a presence in steel, power and mining sectors. JSPL’s Managing Director V R Sharma said, “It is yet another step towards our vision to reduce debt substantially and create a robust balance sheet…

26 Apr

COVID-19 vaccine: Centre asks Serum Institute, Bharat Biotech to lower prices of Covishield, Covaxin – Sources

editor0 CommentsBusiness

The central government on Monday asked the Serum Institute and Bharat Biotech to lower prices of their Covid-19 vaccines amid criticism from various states who objected to profiteering during such a major crisis.The issue of vaccine pricing was discussed at a meeting chaired by Cabinet Secretary Rajiv Gauba.Now the two companies are expected to come up with revised pricing for their vaccines.The Hyderabad-based Bharat Biotech has fixed the price of its Covid-19 vaccine, Covaxin, at Rs 600 per dose for state governments and at Rs 1,200 per dose for private hospitals. The Pune-based Serum Institute of India (SII), the world’s…

26 Apr

Reeldrama’s new web series ‘Fisaa’ breaks stereotypes, challenges conventional Assamese web content

editor0 CommentsAssam, Business, EntertainmentAssam, entertainment, Fisaa, INDIA, web series

Reeldrama’s latest release, Assamese web series ‘Fisaa’, has managed to challenge the stereotypical content making in the web genre with its unique and engaging murder investigation plot. Starring actors Barsha Rani Bishaya, Prasenjit Bora and Rajiv Goswami, Sankalpajit Hazarika’s ‘Fisaa’ has initiated a dialogue amid viewers and critics alike for being a game-changer in the Assamese web industry. ‘Fisaa’ depicts the investigation of murder of a renowned social activist. The storyline unfolds various strings of events that led to the murder of the person. While it looked like an “open and shut case” in the beginning, ‘Fisaa’ shows how ACP-Crime…

22 Apr

Canara Robeco Focused Equity Fund

editor0 CommentsBusinessCanara Robeco Asset Management Company Limited

Canara Robeco Asset Management Company Limited launched their new fund offer (NFO), Canara Robeco Focused Equity Fund, an open-ended equity scheme, investing in maximum of 30 stocks in large cap, mid cap, and small cap companies across diversified sectors. The 15-day NFO period starts from April 23 and closes on May 7. The new scheme re-opens on May 18. Canara Robeco Focused Equity Fund has the objective of taking a concentrated exposure in not more than 30 high conviction stocks across market capitalization, and would aim for improved risk-adjusted return characteristics while yet staying diversified. The Fund Manager adopting this…

22 Apr

PM Modi announces that India and the US have decided to launch a joint clean energy initiative

editor0 CommentsBusiness, Healthclean energy, climate, environment, INDIA, USA

Prime Minister Narendra Modi Thursday announced that India and the United States have decided to launch a joint clean energy initiative to help other developing countries with affordable access to green finance and clean technologies. Addressing the Leaders’ Summit on Climate, attended by 40 world leaders including US President Joe Biden and China’s Xi Jinping, PM Modi announced the “India-US climate and clean energy Agenda 2030 partnership”. “As a climate-responsible developing country, India welcomes partners to create templates of sustainable development in India. These can also help other developing countries, who need affordable access to green finance and clean technologies,”…

21 Apr

Sony launches BRAVIA 32W830 Smart TV

editor0 CommentsBusinessSONY, SONY BRAVIA

Sony India launched BRAVIA 32W830 television with attractive picture quality and life like sound. With the all-new 80cm (32) Smart Android TV, viewers can enjoy movies and shows from apps or broadcast in an instant with advanced voice controls and built-in Chromecast. The BRAVIA 32W830 is the first time ever 80 cm (32) Smart Android TV that comes with more than 5000 apps and built-in Chromecast. It also has a built-in Google assistant. The user can control the TV with his/her voice to find movies, stream apps, play music and much more. Sony’s new BRAVIA 32W830 is enabled with HDR picture…

21 Apr

HCL Jigsaw to assess problem solving skills of students

editor0 CommentsBusinessHCL, HCL JIGSAW

HCL, a US $10 billion leading global conglomerate, presents ‘HCL Jigsaw’, India’s premier critical reasoning platform designed to assess key 21st-century skills in young (Grade 6 to 9) students and build a culture of problem solving in the country. The registration for the championship is now open and interested students or schools can register themselves at www.hcljigsaw.com, by 31May. The Pan-India competition will take place virtually in two rounds- Qualifier (24 – 27June) and Finale(17 and 18July). Participating students will get an opportunity to win prizes and gadgets worth Rs 16 lakh. HCL Jigsaw will assess participating students on 10…

21 Apr

Amazon’s commitment towards ‘Aatmanirbhar Bharat’

editor0 CommentsBusinessAmazon Smbhav, Amazon.in

In the opening session of its flagship event Smbhav, Amazon India announced a $250-mn Amazon Smbhav Venture Fund to invest in startups and entrepreneurs focusing on technology innovations in SMB digitization, Agriculture and Healthcare. The Venture Fund will invest in technology led startups that are passionate about unlocking possibilities of a digital India. The Venture Fund will specifically focus on encouraging the best ideas to digitize SMBs (Small & Medium Businesses), drive technology led innovation in agriculture to improve farmer productivity and enable them to bring the best of India’s farms to consumers, and enable universal and quality healthcare access…

21 Apr

‘KFC Kshamata’ program

editor0 CommentsBusinessKFC INDIA, KFC Kshamata program

Reinforcing its commitment towards gender & ability parity, KFC India announced the KFC Kshamata program, a focused effort towards driving 2X Empowerment by 2024. Taking forward the brand’s global Diversity & Inclusion agenda, KFC India aims to bridge the gender and ability imbalance gap and increase the women workforce at their restaurants by 2X by 2024. Likewise, the aim is to double the footprint of Special KFCs, operated by hearing & speech impaired team members, by 2024. In addition, the brand would launch select, flagship Special KFCs across the country, that provide an elevated KFC experience for specially-abled team members…

21 Apr

Shyam Steel India embarks on a vision to build the nation; Launches their new TVC Campaign, “Maksad Toh India Ko Banana Hai” starring Sonu Sood

editor0 CommentsBusinessBusiness, INDIA, shyam steel, SONU SOOD

National, April 2021: Shyam Steel India one of leading producers and manufacturers of TMT Barslaunched their new TVC campaign"Maksad Toh India Ko Banana Hai". The campaign aims to send across the brand message that steel is just an offering, but the idea is to build the nation. The TVC campaign stars Sonu Sood in the lead and has been created by Mogae Media. The campaign was launched through a virtual platform in the august presence of Mr Sonu Sood, Brand ambassador of Shyam Steel India, Mr Lalit Beriwala, Director, Shyam Steel India, MsMegha Beriwala, Vice President, Marketing, Shyam Steel India…