Business

Safexpress opens its 64th Logistics Park-Siliguri, in West Bengal

Safexpress opens its 64th Logistics Park-Siliguri, in West Bengal

Safexpress, India’s has launched its 64th, ultra-modern, Siliguri Logistics Park in West Bengal. This facility is strategically located on National Highway-27 near Bagdogra Airport. This highway connects West Bengal to key neighbouring states for trade and transport. This new logistics park will serve as a nodal point for logistics and to provide for the transitional connective facility with all Indian states, especially with nearby districts and manufacturing hubs. Better known as the ‘Gateway of Northeast India’, Siliguri has been a thriving business hub for different industries. The Siliguri Corridor is a narrow stretch of land (about 22 kilometres wide) located…
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Axis Mutual Fund launches ‘Axis Consumption ETF’

Axis Mutual Fund launches ‘Axis Consumption ETF’

Axis Mutual Fund has launched their new fund– ‘Axis Consumption ETF’. The new fund offers (NFO), will allow exposure to the consumption theme in a neatly packed bite sized exchange traded fund. The new fund offers long-term wealth creation solutions and targets to achieve returns by investing in a basket of NIFTY India Consumption Index stocks. The Axis Consumption ETF fund seeks to track returns by investing in a basket of NIFTY India Consumption Index stocks and aims to achieve returns of the stated index, subject to tracking error. Minimum Investment (NFO) Rs.5,000 and in multiples of Rs.1/- thereafter. The…
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EdelGive launch the GROW Philanthropic Fund

EdelGive launch the GROW Philanthropic Fund

EdelGive Foundation launches the Grassroots, Resilience, Ownership and Wellness (GROW) Fund, a first-of-its-kind initiative aimed at building the capabilities, resilience and future readiness of grassroots organisations. Anchored by EdelGive Foundation along with a collection of reputed funders, the GROW Fund aims to strengthen 100 high impact grassroots organisations over 24 months, through capacity building, and support of key organisational functions. The Bill and Melinda Gates Foundation, Manan Trust, Rohini Nilekani Philanthropies, MacArthurFoundation, A.T.E. Chandra Foundation and Ashish Kacholia, along with the Edelweiss Group have joined as core funders to the initiative. On the launch of the fund CEO, EdelGive Foundation,…
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Mahindra First Choice Wheels launches 75 new car stores across India

Mahindra First Choice Wheels launches 75 new car stores across India

Mahindra First Choice Wheels Ltd (MFCWL), India’s leading multi-brand pre-owned cars retailer, launched 75 new state-of-the-art franchise stores across Tier I/II/III cities of India. The addition of these new stores has now strengthened MFCWL’s market leadership in the organized used car segment. MFCWL has now a strong network of over 1100 stores pan India.The newly launched store is Mahabir Enterprises in Nalbari. Theis new Mahindra First Choice store will offer all the facilities and services that the MFCWL brand represents including certified used-car sales, warranty on Mahindra Certified used cars, easy finance, hassle-free RTO transfer and superlative customer experience.MFCWL has…
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Non-subsidised LPG cylinder gets costlier by Rs 25

Non-subsidised LPG cylinder gets costlier by Rs 25

In another hit to the wallet of the common man, oil marketing companies have raised the prices of non-subsidised LPG cylinders by Rs 25. In Delhi, the 14.2-kilogram non-subsidised cylinder will now cost Rs 884.50. Price in Kolkata is the highest among the four metro cities at Rs 911 per cylinder, while that in Chennai and Mumbai stood at Rs 900.5 and Rs 884.50 per cylinder. This is the second hike in 15 days. The previous hike was of Rs 25 on August 18. Further, the price of a 19 kg commercial cylinder has also been increased by Rs 75,…
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Supertech`s 40 storey Noida twin towers to be demolished, flat buyers will get a refund

Supertech`s 40 storey Noida twin towers to be demolished, flat buyers will get a refund

The Supreme Court on Tuesday ordered demolition of two 40-floor towers built by real estate company Supertech in one of its housing projects in Noida for violation of building by-laws. SC said that construction of Supertech's twin 40 storey towers Supertech's Emerald Court project having 915 flats and shops was done in collusion with NOIDA authority and Supertech. In its verdict, Supreme Court said that construction of the twin towers containing around 1,000 flats in Supertech Emerald Court in Noida were done in violation of the rules and must be razed within a period of three months by Supertech at…
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Assam government to constitute seven committees for upliftment of tea tribes community

Assam government to constitute seven committees for upliftment of tea tribes community

Assam Chief Minister Himanta Biswa Sarma said that to draw up short, medium and long term action plans for uplifting the Tea Tribes community, 7 sub-groups would be formed for in depth study on various critical issues concerning the community He attended an interactive programme titled "Humder Moner Kotha" with intellectuals and leading citizens of the Tea Tribes community with a view to prepare a roadmap for all round development of the community along with his Council of Ministers at Assam Administrative Staff College in Guwahati. The committees will comprise members of the tea community and will make recommendations on…
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Prominent neurologist Dr. Yogesh Kumar will be visiting Coochbehar tomorrow

Prominent neurologist Dr. Yogesh Kumar will be visiting Coochbehar tomorrow

Patients in Coochbehar will benefit from the experience of eminent neurologist Dr. Yogesh Kumar. Patient Manager Nirupam Roy said Dr. Yogesh will see the patient on Saturday, August 28 at Care Pharma near Dinhata Road, Morapora Chopathy. Dr. Yogesh, Senior Consultant, Department of Neuroscience, Mediverse Multi Super Specialty Hospital, Patna. Dr. Yogesh said there was still a lack of awareness about neuro problems, which caused patients to arrive at the doctor late, complicating the problem for both the patient and the physician. If there is a possibility of illness, do not delay, but consult a doctor. Timely communication with a…
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Recyclable toothpaste tubes by Colgate

Recyclable toothpaste tubes by Colgate

Colgate-Palmolive India has been manufacturing recyclable cartons and boxes across its portfolio for over a decade and is taking its next step into recyclable packaging. Now, Colgate-Palmolive has launched the first-of-its-kind recyclable toothpaste tubes in India that will be available nationally starting this month. The new tubes are soft, squeezable, and recyclable. Colgate’s recyclable tubes are a stepping stone in its journey to achieve 100% recyclability across its oral care portfolio in India. Colgate-Palmolive was the first in the world to introduce a recyclable toothpaste tube and is sharing its technology with the industry to support a shift to a…
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HDFC Multi-Asset Fund – A suitable investment avenue

HDFC Multi-Asset Fund – A suitable investment avenue

HDFC Multi‐Asset Fund aims to meet asset allocation needs of investors. It invests in 3 asset classes - Equity, Debt and Gold. Equity aims to provide capital appreciation, Debt aims to provide stability to the portfolio and Gold is a potential safe haven asset class, which also provides hedge against inflation and currency depreciation. The Scheme currently has a large cap bias, with 70% of its unhedged equity assets being invested in Large Caps as of July 31, 2021. HDFC Multi‐Asset Fund is a suitable investment avenue for investors, who are looking for a single product to provide exposure to…
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