Business - The Purbottar

19 Jul

Nissan India’s B-SUV ‘Nissan Magnite’

editor0 CommentsBusinessmagnite

New Delhi/ Guwahati/ Shillong/ Siliguri/ New Delhi/ Mumbai, July 2020: Nissan’s highly anticipated B-SUV’s concept version has been revealed by Nissan India. It is christened as Nissan Magnite. The Nissan Magnite will be a feature-rich premium offering with stylish design for a strong and dynamic road presence. Rakesh Srivastava, Managing Director, Nissan Motor India said, Nissan Magnite is an evolutionary leap in Nissan’s global SUV DNA. With cutting-edge technology onboard, it will be a game-changer in its segment. A bold offering in the sub-four-meter category, Nissan is confident that Nissan Magnite will redefine the B-SUV segment for the industry. The…

18 Jul

Govt issues notice to Twitter after recent hack targeting global high-profile users.

editor0 CommentsBusiness

India’s cybersecurity nodal agency CERT-In has issued a notice to Twitter asking the micro-blogging platform for full details of the recent global hack targeting high-profile users, as it sought complete information on number of Indian users affected as well as impact on data, a source said. The source privy to the development told PTI that CERT-In has also asked Twitter for information on number of users from India who have visited the malicious tweets and links, and whether the affected users have been informed by the platform about unauthorised access to their Twitter accounts. The government has also demanded information…

18 Jul

Sundar Pichai reveals Google’s next big project to make the world a ‘safer’ place.

editor0 CommentsBusiness

Google’s parent company Alphabet CEO Sundar Pichai today revealed the next big project that could help the world to form a ‘safer’ place. Natural disasters like floods or earthquakes come without any serious prior warning as such. Google and its CEO Sundar Pichai is exactly have something to tell us about. Google recently conducted an experiment using its subsea fiber optic cables, which showed that it could be useful for earthquake and tsunami warning systems. Google first started working on this in 2013 but it was only in 2019 that Google conducted its first experiment. Initially, there was no state…

18 Jul

HDFC Bank’s profit rises

editor0 CommentsBusiness

The HDFC Bank, which is India’s largest private sector lender by market value, on Saturday announced that it has reported a net profit of Rs 6,658.62 crore for the quarter ended June 30 which is an increase of 19.58 per cent compared to the corresponding period in 2019. The HDFC Bank had clocked a net profit of Rs 5,568.16 crore in April-June 2019-20. In a statement, The company also said that its net interest income - or the difference between interest earned and interest paid - increased 17.84 per cent to Rs 15,665.42 crore in the June quarter. Its income…

18 Jul

Bandhan Bank’s Q1FY21 Financial Result

editor0 CommentsBusinessBandhanBank

The Board of Directors of Bandhan Bank Ltd., at a meeting held in Kolkata approved its Financial Results for the Quarter ended June 30, 2020. While commenting on the bank’s performance, its Managing Director and CEO Mr. Chandra Shekhar Ghosh said, during the quarter, they have started collections post unlocking announced by the government. Overall Bank collections improved to 76% by end of June’20 compared to 29% in April’20. The bank continued to showcase the strengths of its retail deposit franchise with strong growth of 35% during this difficult time, especially CASA growing by over 47%. During the quarter the…

18 Jul

All-new Ariya to go on sale in mid-2021

editor0 CommentsBusinessnissan

Nissan introduced its all-new Nissan Ariya. With this electric crossover SUV, the customers can travel farther while enjoying greater driving excitement, confidence and comfort, and connectivity. With an estimated range of up to 610 kilometers, the no-compromise Ariya is perfect for daily commutes and weekend road trips alike. With a 100% electric powertrain, the Ariya promises powerful acceleration and smooth, quiet operation. Drivers and passengers can relax and enjoy the ride thanks to autonomous driving technology, concierge-level assistance, seamless connectivity and a spacious, lounge-like interior. CEO Makoto Uchida and Chief Operating Officer Ashwani Gupta unveiled the Ariya to a global…

17 Jul

CoronaVirus effect : Microsoft Trims Jobs As It Enters New Fiscal Year.

editor0 CommentsBusiness

Microsoft Corp said it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. The Washington-based software giant declined to elaborate on the roles which had been eliminated, their numbers or their locations. The company cut roles at its online news portal MSN.com, as it shifted to an AI-powered algorithmic feed, according to the report, which added that jobs were also cut in the Microsoft Azure cloud division. According to a report by Business Insider, the company cut under 1,000 jobs across its business this week. The spokesman said it is common…

17 Jul

Apple iPhone assembler joins wave of tech investment in India

editor0 CommentsBusiness

Apple Inc assembly partner Pegatron Corp is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year.In June, the Indian government set out a $6.6 billion plan to woo the world’s top smartphone manufacturers, offering financial incentives and ready-to-use manufacturing clusters. Pegatron is now setting up a local subsidiary and joining fellow Taiwanese electronics assemblers Foxconn Technology Group and Wistron Corp, who have already been making some iPhone handsets in southern India. Smartphones are a focal point for Prime Minister Narendra Modi's much-touted Make in India program. Ravi…

17 Jul

Reliance Industries looks to storm entry-level 4G, 5G smartphone market

editor0 CommentsBusiness5G, Reliance

Four years ago, disbelief rippled through the audience at Reliance’s annual general meeting when Mukesh Ambani said he was launching 4G Volte smartphones under Reliance’s own brand name Lyf at an unbeatable price of Rs 2,999 when the average 4G smartphone at that time cost Rs 4000. On Tuesday, during the company’s first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again. The company, with its new partner Google, will build entry-level 4G and 5G smartphones at the fraction of the existing cost based on optimisations to the Android operating system and the Playstore. If successful, the move could…

17 Jul

Sony’s new Extra Bass wireless speakers

editor0 CommentsBusinessSonySpeaker, Wireless

Sony India announced an update to its Extra Bass speaker range with the launch of SRS-XB43, SRS-XB33 and SRS-XB23. The wireless speakers are equipped with enhanced audio quality and are designed to support deep and punchy bass which is perfect for house parties. The SRS-XB43 sports a unique rectangular diaphragm design which ensure deep bass and clear vocals, delivering best sound quality, SRS-XB33 is an all-rounder with tough design and long-lasting battery life and SRS-XB23 are perfect outdoor companion with easy portability and compact design. The SRS-XB43 & SRS-XB33 support 24 hours of music playback to ensure uninterrupted music throughout…