Business - The Purbottar

26 Sep

Wooden Street’s store at Salt Lake

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Kolkata, September 2020: With USD 1 Million in investments, custom furniture startup Wooden Street is expanding into the markets of West Bengal by opening two new Experience Stores in Kolkata – beginning with the launch of the first-ever store in the residential area of Salt Lake. This will later be followed by another store in the next 6 months. This newly-launched store is a one-stop-shop for furniture, furnishings and décor accessories. Furthermore, the company plans to take its expansion further within East and South-East India. These experience stores will serve as a touch-and-feel point for consumers to experience the quality…

25 Sep

Vodafone wins decade long Rs 20,000 crore retro tax battle in international arbitration.

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Telecom giant Vodafone on Friday won a significant ruling against the Indian government in an international court over Rs 20,000 crore in dues which it had described as unfair.The international arbitration tribunal in The Hague ruled that the Indian government's imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, sources told news agency Reuters. The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay over Rs 40 crore to the company as partial compensation for its legal costs, the source…

25 Sep

Yes Bank Founder : ED Attaches London Flat Worth Rs 127 Crore of Jailed Rana Kapoor.

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The Enforcement Directorate (ED) has attached a Rs 127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central agency said on Friday. The agency issued a provisional order for attaching the property — Apartment1, 77 South Audley Street, London — under the Prevention of Money Laundering Act (PMLA). "The market value of the flat is 13.5 million pound (about Rs 127 crore). The property was purchased by Rana Kapoor in 2017 for 9.9 million pound (Rs 93 crore) in the name of DOIT Creations Jersey Limited and…

25 Sep

Pandemic makes 90% Indians careful with expenses: Survey.

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Even as Indians increase their spending with the easing of lockdowns, over 90% of respondents in a survey said that the pandemic has made them more careful with expenditure as against 75% of global respondents.Indians are being increasingly careful with money despite many of them (56%) reporting a spike in spending in July compared to global peers (46%). According to a survey conducted by Standard Chartered Bank, 76% of survey respondents in India said that the economic impact of Covid-19 has made them more likely to track their spending. The examine of 12,000 adults throughout 12 markets — Hong Kong,…

25 Sep

WhatsApp’s Defence Secrecy Measures Amid Row Over Leaked Chats In Drugs Probe.

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Social community platform WhatsApp in the present day stated that its messages are protected and no third get together can entry them — an assertion that got here amid hypothesis about how the Narcotics Management Bureau managed to entry previous messages throughout its investigation into the Bollywood drug angle, an offshoot of the Sushant Singh Rajput case. The central company has summoned actors Deepika Padukone and Shraddha Kapoor on foundation of chats relationship again to 2017, accessed from the cellphone of expertise agent Jaya Saha, Jaya Saha was the expertise supervisor of Sushant Singh Rajput, who was discovered useless at…

24 Sep

TKM’s compact SUV – Toyota Urban Cruiser

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Toyota Kirloskar Motor (TKM) launched its youngest SUV, the all-new Toyota Urban Cruiser. The Toyota Urban Cruiser is the second model to be launched in India under the global Toyota-Suzuki alliance. The much-awaited compact SUV was launched in a stellar event graced by TKM Managing Director Mr. Masakazu Yoshimura, Mr. Naveen Soni, Senior Vice-President, Sales and Service and Mr. Tadashi Asazuma, Vice-President, Sales and Marketing and popular Indian superstar and singer Mr. Ayushmann Khurrana. The all-new Urban Cruiser will feature the new powerful K-Series 1.5 litre four-cylinder Petrol Engine and will be available in a choice of Manual Transmission (MT)…

24 Sep

Samsung Galaxy F41 to be launched in India on October 8.

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Samsung Galaxy F41 will launch in India on October 8. The phone is going to be the first in Samsung's newly announced ‘F series'. A dedicated Flipkart teaser page for the phone shows the Galaxy F41 will feature a massive 6,000mAh battery and a Super AMOLED display, and also mentions a couple other details. Last week, the Galaxy F41 was reportedly spotted in a Geekbench listing that hinted at the processor and RAM present in the phone. Additionally, the schematics of the first F series phone, now known to be the Galaxy F41, were also leaked recently. Samsung will unveil…

23 Sep

‘Study Now, Pay Later’ model of Masai School

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Masai School began its operations in June 2019, in Bangalore. It also has a branch in Patna and plans to graduate more than 1000 students in the coming months. Masai School offers 6-8 month long intensive coding programs. Presently, they have courses in Android Development, Full-Stack Development and Backend Development and are planning to launch Frontend Development, Data Science, User Experience design (UX), Frontend & UI Development, Product Management and more programs over the next few months. In India, social status and financial barriers are common hurdles to access quality education. In an attempt to break this, Masai School integrated…

23 Sep

Amway earmarks Rs 30-crore for strengthening supply chain

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To support the surge in online orders, Amway India is focusing on bolstering it's home delivery (HD) and logistics network. As a part of Amway’s 10-year growth vision, focused on unleashing the power of entrepreneurship coupled with the emerging trend of social commerce, the global direct selling giant had begun integrating offline-to-online (O2O), earlier this year, to drive targeted results. Amway India has witnessed a significant shift to online sales, from 33.6% in February 2020 to over 70% today. Amway expects the trend to continue and foresees the online orders to reach over 5-6 lakhs per month by the end…

23 Sep

Dream11 IPL 2020: Colgate is official Smile Partner

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In its continuous endeavour to Keep India Smiling, Colgate-Palmolive (India) Limited has collaborated as the official Smile Partner with 6 teams at the upcoming Dream11 Indian Premier League 2020. The teams include Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals, and Sunrisers Hyderabad. This season of Dream11 IPL 2020, being held against all odds is a remarkable show of the country’s positivity and optimism and is in line with Colgate’s ideology of ‘Smile karo aur shuru ho jao’ (Get started with a smile). Vice-President (Marketing) of Colgate-Palmolive (India) Limited, Mr Arvind Chintamani said, “While the pandemic…