Business - The Purbottar

09 Jul

SC says Facebook needs to be accountable, upholds Delhi Assembly’s right to summon it in riots case

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Noting attempts by Australia, the UK and the US in reining in social media platforms, given complaints about their manipulative behaviour in a free speech-advocating democracy, the Supreme Court on Thursday said such platforms with a potential to influence public opinion must be held accountable for spread of disruptive messages and hate speeches.While dealing with the controversy over the Delhi Assembly committee summoning Facebook Vice-President Ajit Mohan for spread of hate messages during Delhi riots, a bench of Justices S K Kaul, Dinesh Maheshwari and Hrishikesh Roy said, “Entities like Facebook have to remain accountable to those who entrust them…

08 Jul

Gujarat CM inaugurates first Amazon Digital Kendra

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Amazon India launched its first Digital Kendra in India in Surat, Gujarat. Amazon Digital Kendras are resource centers that will provide micro small and medium enterprises (MSMEs) the opportunity to learn about benefits of eCommerce and avail a range of third party services such as shipping and logistics support, cataloging assistance, digital marketing services, GST and taxation support to kick start their journey towards being digital entrepreneurs. Shri Vijay Rupani, Chief Minister of Gujarat inaugurated the first Amazon Digital Kendra in a virtual event along with Amit Agarwal, Senior VP and Country Head, Amazon India and Manish Tiwary, VP, Amazon…

07 Jul

Tide announces newest campaign #TideforTime

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Tide, the biggest laundry brand globally and the leading fabric care brand in India from P&G, has announced their newest campaign #TideforTime with the launch of a new film. With this campaign, Tide is shining the spotlight on the story of many households across the country, where everyday tasks take up most of the hours, leaving little time for anything else. The new #TideforTime film has already garnered more than 3MM views. Tide is also showing the way by highlighting simple ways in which families can make time. With its Double Power, Tide can provide superior cleaning in the soak…

07 Jul

Her&Now drives women-led entrepreneurship

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Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is implementing the ongoing project ‘Economic Empowerment of Women Entrepreneurs and Start-ups by Women (Her&Now)’ in India, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India. In a bid to identify and capitalize on the key sectors driving the women-led microenterprises in various geographical areas of India, and the top interventions that may be introduced to support and catalyse the ecosystem in these sectors and regions, GIZ’s Project Her&Now has come out with a…

07 Jul

HC: Govt free to act against Twitter for IT rules violation

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The government is “free to take any action” against Twitter Inc. for not complying with the new India IT rules, Delhi High Court said on Tuesday, ruling out any judicial protection to the US-based microblogging website. A bench of Justice Rekha Palli, however, gave Twitter time until Thursday to get back on the issue of compliance with the new social media intermediary guidelines. “From June 21 till July 6, you could have appointed a new person (a resident grievances officer). How long will your process take? Does Twitter think it will go on taking as much time as it wants…

06 Jul

Home sales and new launches decline in Kolkata

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Home sales and new launches both declined in Kolkata during the April-June period of 2021 due to the impact of the second wave of the coronavirus pandemic, shows Real Insight (Residential) – April-June (Q2) 2021, a quarterly analysis of India’s eight prime residential markets by leading online real estate company PropTiger.com. With the launch of 1,017 new units, new supply in Kolkata declined 49% quarter on quarter in the three-month period. This was, however, an increase over the supply numbers in the same quarter in 2020. Only 183 units were launched in Kolkata in Q2CY2020, data show. With 70% share…

06 Jul

Kalyan Jewellers reopens showrooms

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Kalyan Jewellers is preparing to reopen its showrooms across India, in a phased manner. While the company will continue to focus on providing a safe shopping environment for returning customers, discounts and offers announced as part of the ‘Big Discount Mela’ will be an added incentive. There will be instantly redeemable vouchers worth a total of Rs 100-crore. Shoppers will also be able to avail discounts, up to 25% off on making charges of gold jewellery and 25% discount on diamond jewellery. Additionally, on purchase of uncut and precious stone jewellery, customers can avail up to 20% discount. For shopping…

06 Jul

Skechers Foamies – everyday comfort wear

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Skechers has launched a new and colorful collection called Skechers Foamies, must-have footwear designed with lightweight EVA foam for all day comfort. Skechers Foamies for both men and women are now available at a price starting at Rs 2,299 on Skechers.in and at Skechers retail stores. Skechers Foamies are lightweight moulded shoes and sandals with utmost comfort, easy to clean and water-friendly, these versatile pairs are perfect for warm days and when the rain falls hard. Select styles have convertible heel straps which pivot forward for backless wear, making it easier to step out in comfort. The Skechers Foamies collection spans a range of sandals…

06 Jul

Microfinance Industry

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It has now been over two decades that the Microfinance industry has been helping women from the low income and under-served group with access to collateral-free easy credit. A lesser-known fact is how microfinance institutions stand by the borrower as a strong pillar of support in difficult times and help in the holistic development of the local communities through various interventions. The microfinance industry is playing a tremendous role in the skill development of women and education of children in the rural communities besides working relentlessly towards infrastructure development. Microfinance Institutions Network revealed that the Microfinance industries that are helping…

05 Jul

Petrol price today

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While petrol costs Rs 99.86 per litre in Delhi after a 35-paise increase, one litre of diesel costs Rs 89.36 (unchanged today). On Monday, petrol costs continued to rise, with the price of petrol in Delhi creeping closer to the three-figure level. According to news agency ANI, while petrol costs Rs 99.86 per litre in Delhi after a 35-paise boost, diesel costs Rs 89.36 per litre in the national capital (unchanged today). Petrol prices in other major cities also continued to rise to new highs. It was priced at Rs 105.92 per litre in Mumbai (a 24 paise increase), while…