Business - The Purbottar

10 Jun

HCCB distributes dry ration kits among needy villagers

editor0 CommentsBusinessCOVID 19, HCCB, RGVN

Free dry ration kits have been distributed by HCCB (one of India's top FMCG companies) among the needy villagers of Raninagar in Jalpaiguri through a community outreach initiative. HCCB along with its NGO partner, Rashtriya GraminVikas Nidhi (RGVN) organised the programme in association with the Indian Red Cross Society, Jalpaiguri. HCCB is also donating ventilators, ICU beds, ICU equipment, BiPAP machines and several other medical emergency amenities to several hospitals in the country. The gesture is a part of HCCB’s nation-wide CoVID Care plan. HCCB has already been distributing oxygen concentrators to administrators in different parts of the country in…

09 Jun

Recent data leak shows how little Income tax billionaires pay

editor0 CommentsBusinessbillionaires, Income tax, international, leaked data, USA

Data revealing income tax paid by US billionaires has been leaked to a news website. The website says it has seen the tax returns of some of the world's richest people, including Jeff Bezos, Elon Musk and Warren Buffett. It alleges Amazon's Mr Bezos paid no tax in 2007 and 2011, while Tesla's Mr Musk paid nothing in 2018. They claimed the richest 25 Americans pay less in tax, an average of 15.8% of adjusted gross income, than most mainstream US workers. They also said said they were analysing what it called a "vast trove of Internal Revenue Service data"…

09 Jun

Covid Protectors replace Dettol’s iconic logo

editor0 CommentsBusinessdettol, handwash, hygiene

Dettol, India’s most trusted germ protection brand launched a one-of-its-kind campaign, #DettolSalutes. For the first time in its history Dettol, as a tribute to Covid-19 warriors replaced its iconic logo with an image of a Covid protector along with the ‘protector’s’ inspiring story. One Such story is that of Akaash Sarkar (23), a Kolkata-based student. As the COVID-19 second wave grew stronger, a proud parent to a dog called Sandy, Akaash could relate to the challenges of taking care of dogs while fighting a life-threatening disease and so volunteered to foster them for the 14-day quarantine period. Through a social…

09 Jun

ICICI Pru Life: Bonus reflects a commitment to policyholders

editor0 CommentsBusinessicici pru life, insurance, Life Insurence

An annual bonus of Rs 867-crore has been announced by ICICI Prudential Life Insurance for all eligible participating policyholders for FY2021. The bonus declared is the highest ever by the Company till date and is also 10% higher than the bonus announced in the last fiscal. This is the 15th consecutive year the Company has declared a bonus, underscoring its customer-centricity and long-term investment approach to deliver superior risk-adjusted returns to policyholders. All participating policies in-force as of March 31, 2021 are eligible to receive this bonus. A total of 9.8-lakh participating policyholders will benefit from this. "We are delighted…

09 Jun

Airtel’s new brand campaign reinforces India’s preference for network quality

editor0 CommentsBusinessairtel, INDIA, TECHNOLOGY, Telecom

Bharti Airtel (“Airtel”), India’s leading communications solutions provider, today rolled out a new brand campaign to showcase the disproportionate customer preference for its world-class network and differentiated services. Watch the TVC here- https://youtu.be/hGuqEavJPVU As per data published by the Telecom Regulatory Authority of India (TRAI), 2 in every 3 new mobile customers choose Airtel over other networks during September 2020 – February 2021. During this period, over 25 mn customers joined the Airtel network, underscoring the strength of brand. Shashwat Sharma, Chief Marketing Officer, Bharti Airtel said: “We have one and only one guiding principle – customer obsession. And it’s…

08 Jun

New Income Tax Website Faces Technical Glitches, Nirmala Sitharaman Tags Infosys, Nandan Nilekani on Twitter

editor0 CommentsBusinessBusiness, Indian government

The new e-filing website of the Income Tax Department was launched on Monday with a host of new features for taxpayers. The new URL http://incometax.gov.in replaced the long-existing http://incometaxindiaefiling.gov.in, and it went live at 8:45 pm, the tax department said in a tweet. However, some users complained on social media that certain features were taking longer than usual to load in the new portal. Taking note of the same, Finance Minister Nirmala Sitharaman today tagged IT giant Infosys and its co-founder Nandan Nilekani after receiving a large number of complaints from users on the new e-filing website of the Income…

08 Jun

Nissan Intelligent Ownership Subscription Plan

editor0 CommentsBusinessdatsun redi-go, nissan magnite, NISSANKICKS

Nissan India launches the first-of-its-kind ‘Nissan Intelligent Ownership Subscription Plan’, a new way to own the all-new Nissan MAGNITE, Nissan KICKS or Datsun redi-GO. Nissan in partnership with ORIX, introduces the unique Subscription Plan with USP of ‘White Plate’ and ‘Buy Back option’ with transparency of no hidden costs as the customer is paying only a nominal refundable security deposit at the start of the Subscription Plan and subsequently pay a fixed monthly fee basis of pre-selected tenure. The Nissan Intelligent Ownership Subscription Plan comes with Zero Down payment, Zero Service Costs, Zero Insurance costs, it covers Vehicle insurance, Registration…

08 Jun

HCCB distributes safety kits and ration to ‘SafaiSathis’

editor0 CommentsBusinessHCCB, SafaiSathis, UNDP, WORLD ENVIRONMENT DAY

Hindustan Coca-Cola Beverages (HCCB) and UNDP are celebrating this World Environment Day. They are celebrating the ‘will do’ spirit of the ‘SafaiSathis’ (sanitation workers who have been working continuously to keep the country clean by collecting and helping recycle plastic waste – even during the pandemic). SafaiSathis are the workforce behind Project Prithvi (the plastic waste management program) that HCCB and UNDP have been jointly running over the last 3 years with partner agencies and local government bodies. HCCB’s Plastic Waste Management program engages with informal sector SafaiSathis to integrate them into formal economy through self-help groups and facilitate their…

08 Jun

Vi Business launches Vi Cloud Firewall

editor0 CommentsBusinessvi, Vi Cloud Firewall

Aiming to secure the business risks of its customers, the enterprise arm of Vodafone Idea Ltd. (VIL), Vi Business has strengthened its security portfolio with the launch of Vi Cloud Firewall, a cloud-deployed security solution for enterprises. Vi Business has partnered with leading security technology provider Firstwave Cloud Technology to introduce Vi Cloud Firewall for the modern business needs. The Firewall solution is powered by Palo Alto Networks VM-Series Virtual Next-Generation Firewall (NGFW) technology, one of the market leaders. Vi Cloud Firewall comes with next generation firewall features. This cost-effective, flexible and network-based solution involves zero capex, zero touch and…

08 Jun

PNB: Net Profit in FY21 – Rs 2022-Cr

editor0 CommentsBusinessFY21, Punjab National Bank

Net Profit of Punjab National Bank (PNB) stood at Rs 2022-Crore during FY’21, according to its Financial Results for the quarter and Financial Year ended 31 March 2021. The Bank’s Operating Profit increased Y-o-Y by 28.4% to Rs 22980-Crore during FY21. Net Interest Income grew Y-o-Y by 1.9 % to Rs 6938-Crore during Q4FY21 and by 17 % to Rs 30477-Crore during FY’21. Total Income stood at Rs 22532-Crore during Q4 FY21 and at Rs 93562-Crore during FY’21. Total Expenditure declined by 27.5 % to Rs 16897-Crore during Q4 FY’21 and by 11.6 % to Rs 70582-Crore during FY’21. Gross…