Business - The Purbottar

31 Oct

MPOWER Financing Raises Loan Limit for International Students to $100,000

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MPOWER Financing, has raised its student loan limit from $50,000 to $100,000 (about ₹75 lakh), effective immediately. By raising its loan limit, MPOWER is ensuring that high promise students from India have greater access to education. MPOWER loans can be used for any education-related expense, including tuition, housing meals, books, and health insurance. Manu Smadja, CEO of MPOWER Financing, said “We received an influx of messages from our students indicating that more financial support was needed. We listened. Following our capital infusion this summer, we’re pleased that we can now offer more monetary resources to make obtaining an education in…

31 Oct

Bandhan Bank’s reports strong growth Q2FY22

editor0 CommentsBusinessbandhan bank

Bandhan Bank, has announced its financial results for the second quarter of financial year 2021-22. The Bank continued to witness business growth, as the challenging economic situation gradually eases.The Bank’s total deposits now stand at Rs.81,898 crore. The current account and savings account (CASA) book grew by 45% year-on-year,and the CASA ratio now stands at close to 45% of the overall deposit book. In this period, the Bank’s retail deposit book showed substantial growth, growing 35% year-on-year to Rs. 68,787 crore. The share of retail to total deposits now stands at 84%, showing the granular nature of the deposits with…

31 Oct

ICICI Bank renews MoU with the Indian Army

editor0 CommentsBusinessICICI, Indian Army

ICICI Bank has renewed its Memorandum of Understanding (MoU) with the Indian Army, to offer a range of specially curated enhanced benefits and new features through its ‘Defence Salary Account’, to all serving as well as retired Army personnel. As part of the renewed benefits, the Bank is offering an array of insurance benefits to the Army personnel. The account holders get a personal accident insurance cover of Rs. 50 lakh along with insurance of Rs. 10 lakh in case of death in terrorist action, which is the highest among all banks offering ‘Defence Salary Account’. As part of the…

31 Oct

Vi Dials-Up #SpeedSeBadho Campaign with the Ookla Speedtest Award

editor0 CommentsBusinessvi

Ookla®, has awarded Vi as the Fastest Mobile Network in India basis the Speedtest Intelligence® data for Q1-Q2 2021*. Taking this forward, Vi, has launched its next leg of the #SpeedSeBadho campaign. With an aim to build awareness, the Vi campaign focusses on various stories that depict how network plays an important part in one’s life by enabling people to do their task in a faster way and get ahead in life. The campaign comprises of 3 TVCs which showcase the power of Vi GIGAnet. The first TVC focuses on a wedding planner and her intern who has to work…

30 Oct

Vi Business Offers Google Workspace

editor0 CommentsBusinessGoogle, vi

Vi Business, has partnered with Google Cloud India to offer collaboration solutions for SMEs and start-ups. Aiding the right balance between business objectives and employee flexibility, Google Workspace will equip Vi Business Plus customers with a set of productivity applications like Google Meet, Gmail, Drive, Sheets, Slides, Docs, and Calendar at no extra cost.Commenting on the partnership and offering, Abhijit Kishore, Chief Enterprise Business Officer, Vodafone Idea Limited, “Our partnership with Google Cloud for Google Workspace will aid collaborative and productive remote working environments in an efficient and secure manner. Small & Medium Enterprises and Start-ups will find these solutions…

27 Oct

IndiGo starts direct flights from Shillong to Dibrugarh under RCS scheme

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IndiGo, has announced its direct flights between Shillong and Dibrugarh under RCS scheme, effective October 26, 2021. The new route was inaugurated with lamp lighting at the Shillong airport as well as Ministry of Civil Aviation in New Delhi. The ceremony was graced by Honourable Union Minister for Civil Aviation – Shri Jyotiraditya Scindia (virtually), Honourable Chief Minister of Meghalaya, Conrad Sangma (virtually-TBC). IndiGo also operates flights between Shillong and four other cities including Silchar, Agartala, Imphal, and Kolkata. The airline connects Shillong to key cities in the country through its hub in Kolkata. The addition of Shillong as a…

27 Oct

Glenmark launch Remogliflozin + Vildagliptin + Metforminfixed dose combination

editor0 CommentsBusinessGlenmark

Glenmark Pharmaceuticals Limited (Glenmark), has launched a fixed dose combination (FDC) of its novel, patent protected, globally researched Sodium Glucose Co-Transporter Inhibitor(SGLT2i) - Remogliflozin Etabonate and another widely used DPP4 inhibitor (Dipeptidyl Peptidase 4 inhibitor)– Vildagliptin, with Metformin(first-line medication for the treatment of type 2diabetes).This fixed drug combination is indicated for the management of Type 2 diabetes. The combination contains Remogliflozin (100 mg) + Vildagliptin (50 mg) + Metformin (500/1000 mg) in a fixed dose and must be taken twice daily to improve glycemic control in patients. Glenmark has launched the same under two brand names Remo MV and Remozen…

27 Oct

This Diwali gift almonds to your loved ones

editor0 CommentsBusinessAlmonds, diwali

The festival of lights is fast approaching, and the excitement begins to rise, people are gearing up to celebrate Diwali with fervour and happiness. A very important aspect of Diwali is the age-old tradition of exchanging gifts. Almonds are known to be the gift of good health, as they are a source of 15 nutrients including vitamin E, dietary fibre, protein, riboflavin, manganese, folate etc. Years of scientific research have also shown that regular almond consumption can provide a variety of benefits across areas of heart health, diabetes, skin health and weight management.Leading Bollywood actress, Soha Ali Khan, Ritika Samaddar…

27 Oct

Bajaj Finance urges customers to stay safe against online frauds on electronic platform

editor0 CommentsBusinessBajaj Finance

Bajaj Finance Limited cautions its customers and the public at large to stay vigilant against online loan frauds and other types of frauds on electronic platform during this festive season. As a part of the Cybersecurity Awareness Month, the company issued an advisory to its customers over email and on their social media platforms, urging them to stay alert of the growing incidences of cyber frauds and how to stay safe online. With festive season around, consumers are more prone to availing instant loans, shopping online, seeking various discounts and cashback offers which make them vulnerable to fall into the…

26 Oct

Fit India online quiz

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The Ministry of Youth Affairs and Sports in a major boost up has announced that the 2 lakh students nominated from 1 lakh schools will now be registered free for the Fit India Quiz i.e every school can nominate maximum of 2 students for free for the online quiz on a first-come basis. In situations where the school is willing to nominate more than 2 students a registration fee of Rs.50 per student will be levied. The quiz will have representations from every State/UT in the country and will be a mix of online and broadcast rounds. To participate in…