Business - The Purbottar

15 Jul

Whirlpool of India CFO Yatin Malhotra resigns

editor0 CommentsBusinessWhirpool

Consumer durables maker Whirlpool of India Ltd on Thursday declared the resignation of its Chief Financial Officer (CFO) Yatin Malhotra and appointment of Aditya Jain as his replacement. "The Board of Directors at their meeting held today accepted the resignation of Yatin Malhotra from the position of Chief Financial Officer of the company effective 31 August 2020," Whirlpool of India said in a BSE filing. The board also approved the appointment of Aditya Jain as CFO of the company with effect from September 1, 2020. Jain joined Whirlpool in 2011. The company did not disclose the reason for Malhotra's resignation..

14 Jul

FabiFlu: Glenmark commences PMS study

editor0 CommentsBusiness, HealthFabiFlu, Glenmark

Glenmark has announced a price reduction of 27% for FabiFlu. The new MRP is Rs 75 per tab from the earlier Rs 103 per tab. The price reduction has been made possible through benefits gained from higher yields and better scale, as both the API and formulations are made at Glenmark’s facilities in India, the benefits of which are being passed on to patients in the country. Glenmark Pharmaceuticals has also announced that it has commenced a Post Marketing Surveillance (PMS) study on FabiFlu to closely monitor the efficacy and safety of the drug in 1000 patients that are prescribed…

11 Jul

Amazon says it will not ban TikTok from employee phones.

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Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailing giant appeared to backtrack, calling the ban a mistake. “This morning’s email to some of our employees was sent in error,” Amazon emailed reporters just before 5 p.m. Eastern time. “There is no change to our policies right now with regard to TikTok.” The development comes days after India banned 59 Chinese apps, including Tik Tok and UC Browser, saying that they are "prejudicial to sovereignty and integrity and defence" of the…

11 Jul

Almonds can strengthen the immune system

editor0 CommentsBusiness, HealthAlmonds

Regular consumption of almonds that are a source of vitamin E, zinc, copper, foliate and iron, can contribute to a stronger immune system, according to Ritika Samaddar, Regional Head (Dietetics), Max Healthcare Delhi. She said almonds are high in Vitamin E, which acts as an antioxidant to support pulmonary immune function. Vitamin E is also known to offer protection against infections caused by viruses and bacteria. Beyond this, almonds are also high in Copper. Copper contributes to the normal function of the immune system. Almonds are also source of zinc. Zinc is known to play a central role in the…

09 Jul

Honda launches BS 6-compliant turbo diesel Civic in India at ₹20.74 lakh.

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The BS6 compliant diesel-powered Honda Civic has been launched in India at Rs 20.74 lakh (ex-showroom Delhi). It is available in the VX and ZX variants and across five colour options with bookings open since 16 June. The BS6 Honda Civic diesel variant is powered by a 1.6 i-DTEC Diesel Turbo engine. The engine from the ‘Earth Dream Technology’ series offers a maximum power output of 120 PS and a peak torque of 300 Nm. The engine is mated to 6-speed manual transmission. “Honda is committed to bring its latest and advancedenvironment friendly technologies to the Indian market. With the…

09 Jul

Flipkart’s 2GUD brings social commerce

editor0 CommentsBusiness2GUD, COMMERCE, Flipkart

India’s homegrown e-commerce marketplace, Flipkart launched social commerce on its independent value platform - 2GUD. 2GUD’s social commerce platform will allow users to have an uninterrupted video shopping experience with their favourite influencers showcasing the latest fashion trends, reviewing gadgets, sharing beauty tips and so much more. Consumers on 2GUD’s social commerce platform will be exposed to a feed of videos made by a hand-picked influencer network across various topics and categories. These influencers will curate their favorite products as part of their collection in the virtual store, allowing consumers to witness their styling journeys across categories. It will also…

08 Jul

Amphan: Coca-Cola partners with Save the Children

editor0 CommentsBusinessAmphan, coca-cola

Coca-Cola in India with funding from The Coca-Cola Foundation has partnered with Save the Children to address the food security and shelter needs of affected victims of Cyclone AMPHAN, through a comprehensive relief assistance programme. The programme was rolled out in Kolkata in the presence of Sourav Ganguly, Mr Hemant Goenka, Managing Director, Diamond Beverages Pvt. Ltd. (DBPL), bottling partner of Coca-Cola in West Bengal. With over 1-lakh households displaced and 6-lakh people evacuated, this initiative will focus on aiding safe and hygienic drinking water, food security, shelter needs and livelihood in East Medinipur, Kolkata and South 24 Paraganas. Through…

08 Jul

Sony establishes Sony Research India

editor0 CommentsBusinessINDIA, SONY

Sony Corporation (‘Sony) announced that it established a research company ‘Sony Research India Private Limited’ (Sony Research India) effective July 1, 2020. Sony Research India consists of R&D Center India Bengaluru Laboratory and Mumbai Laboratory as part of Sony’s Global R&D centers. Through the establishment of Sony Research India, Sony will seek to leverage its multi-sites structure and talent for the excellence of its research. Sony Research India also aims to accelerate the collaboration with its entertainment and electronics business groups, while further enhancing competitiveness and capability of research and development in India. Sony Research India is also offering outstanding…

08 Jul

Glenmark’s Fabiflu for mild to moderate COVID-19 cases

editor0 CommentsBusinessCovid-19, Glenmarks

Over the past 5 months, since the first reported case of COVID-19, Glenmark mobilized its teams and development process started at its Research and Development (R&D) facility in Navi Mumbai. The entire process from R&D, to producing the Active Pharmaceutical Ingredient (API) at Ankleshwar (Gujarat) and manufacturing the formulations at Baddi (Himachal Pradesh) have been done in-house and is a significant achievement as part of “Make in India”. Despite investing significantly throughout the process of manufacturing FabiFlu, Glenmark has managed to keep the pricing of FabiFlu economical as compared to its price in other countries. FabiFlu in India costs Rs…

04 Jul

2020 Honda to launch 5th generation City on July 15.

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After a slight delay due to the COVID-19 pandemic, the fifth generation Honda City sedan will be launched in the market on July 15, 2020. Honda began production of the new model late last month, and it has already started accepting bookings for the midsize sedan. The Honda City midsize sedan will be available with both petrol and diesel engine options. The petrol variant will be powered by a 1.5L i-VTEC engine that will be available with a 6-speed manual gearbox and a CVT options. The engine churns out 121 PS of power at 6,600 rpm and 145 Nm of…