Business - The Purbottar

18 Jan

OYO launches an Equal Partner Policy

editor0 CommentsBusiness

The world’s leading hospitality chain, OYO Hotels & Homes announced the launch of its ‘Equal Partner Policy’ at a recently held webinar for its asset owners hosted by Ritesh Agarwal, Founder & Group CEO, OYO Hotels & Homes and Rohit Kapoor, Chief Executive Officer, OYO India & South Asia. The Equal Partner Policy (EPP) is an initiative that will serve as a guiding principle to strengthen trust and increase transparency in the asset owner community. Under EPP, OYO has laid out seven guidelines - Communication, Respect, Availability, Transparency, Recognition, Technology and Togetherness, to ensure that the company creates a collaborative…

18 Jan

Investors may look at UTI Short Term Income Fund

editor0 CommentsBusiness

With the flexibility to take advantage of the yield movement at the shorter end (1 to 3-year segment) of the curve, UTI Short Term Income Fund is primarily an accrual-oriented income fund. The fund predominantly invests in high-quality CDs, CPs and corporate bonds with tactical exposure to sovereign instruments like G-Secs, SDLs, etc. to actively manage duration. The fund manager takes tactical exposure to G-Secs based on evolving market conditions and/or economic outlook, according to UTI sources. In the past quarter, the uptick in economic growth indicates the success of monetary easing and fiscal stimulus seen in past few months.…

16 Jan

WhatsApp Delays Updated Privacy After Backlash

editor0 CommentsBusinessUpdated Privacy, WhatsApp

WhatsApp has announced that it is moving forward the date to accept its new terms and conditions to May 15. The previous date for this was February 8. WhatsApp in its official twitter handle twitted ”Thank you to everyone who’s reached out. We're still working to counter any confusion by communicating directly with @WhatsApp users. No one will have their account suspended or deleted on Feb 8 and we’ll be moving back our business plans until after May - https://blog.whatsapp.com/giving-more-time-for-our-recent-update...” WhatsApp users received a notification this month that it was preparing a new privacy policy and terms, and it reserved…

15 Jan

Sushma Group ventures into Himachal Pradesh

editor0 CommentsBusiness

Sushma Group, a Punjab based leading real estate developer, ventures into Himachal Pradesh by announcing the launch of its exquisite residential project Sushma Elementa. The project offers an ideal destination for holiday homes in Kasauli, a picturesque hill station in Solan district which is to be developed with an investment of Rs 50-cr. The project is spread over 6 acres. The project will offer a total of 382 units of 1, 2 & 3 BHK apartments in 8 towers. Located at the height of 6,000 feet above sea level, all apartments in the project are valley facing and offers the…

15 Jan

Vodafone Idea delivers Higher Voice Quality

editor0 CommentsBusiness

The idea received a 4.8 average indoor and outdoor call quality rating on the scale of one to five in December. Idea also said to have received a 95.95% satisfactory rating in the month. Idea has been consistent with its high-quality voice calls since it scored a rating of 4.9 and 4.8 for indoor and outdoor calls respectively in the month of November as well. Vodafone retained its second spot on the Trai charts with an average 4.3 voice quality rating and 85.05% satisfactory rating in December. Vodafone and Idea are the only industry players to score ratings above 4, for both…

15 Jan

KFC’s initiative – Sahyog program

editor0 CommentsBusiness

With an aim to give back to the community it operates in and support local food businesses in the country, KFC India announced KFC’s India Sahyog program. Designed to help local and small food joints with reviving their business as they work to overcome the impact of Covid-19, the program will be executed in association with Food Safety and Standards Authority of India (FSSAI) and National Restaurant Association of India (NRAI). KFC’s India Sahyog initiative also builds on the brand’s global commitment to lend entrepreneurial support, in this case, to small food business owners, thereby augmenting the growth of the…

15 Jan

Bosch Power Tools launches BeConnected

editor0 CommentsBusinessbosch

Bosch Power Tools aims to enhance user convenience and experience through the launch of its new BeConnected, a QR code-based web application. By scanning the QR codes on each power tool, a user can check whether the product is genuine or not along with its complete technical specifications. Additionally, by scanning the QR code on the tool, users can register the tools for e-warranty by uploading the invoice and can also avail exciting offers available from time to time. As a launch offer, Bosch is offering 6 months extended warranty for the power tools with BeConnected QR codes. Currently over…

13 Jan

Kolkata housing market starts the recovery process

editor0 CommentsBusinesshousing market

The increased awareness about homeownership in the aftermath of the coronavirus pandemic has helped Kolkata improve its supply and sales numbers. The city, however, has a long road ahead of it before it reaches the stages of complete recovery, shows Real Insight: Q4 2020, a quarterly analysis of India’s eight prime residential markets by brokerage firm PropTiger.com. At 1,658 units, new supply in Kolkata was at a six-quarter high. The new supply was concentrated in New Town, Madhyagram and Dum Dum, which contributed 49% to the overall launches. Both 2BHK and 3BHK had an almost equal share in the overall new supply…

13 Jan

TKM introduces pilot project for road transport

editor0 CommentsBusiness, North East

To explore safer ways of vehicle delivery to customers in Manipur, Toyota Kirloskar Motor (TKM) has initiated a pilot project for road transport of Toyota vehicles until the capital city of Imphal. Thus far, TKM was delivering new vehicles in six-car carrier trucks only up to Khatkati in Assam due to the road infrastructure and other related challenges. TKM’s dealer partner, Punya Toyota, had to send its personnel to drive down individual cars from Khatkati to its outlet in Imphal. In line with its customer-first philosophy, TKM has initiated a pilot project for road transport of new vehicles in four-car…

12 Jan

Bandhan Bank signs MoU with Indian Army

editor0 CommentsBusiness

Bandhan Bank signed a Memorandum of Understanding (MoU) with the Indian Army for the Bandhan Bank Shaurya Salary Account which comes with banking privileges for the Indian Army. In presence of Lt. Gen. Harsha Gupta (AVSM, YSM, VSM), the MoU was signed by Lt. Gen. Ravin Khosla (AVSM, SM, VSM), DG (MP & PS), Indian Army, and Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank, in New Delhi. Services under Bandhan Bank Shaurya Salary Account will be offered to serving personnel of Indian Army through the Bank’s network of banking outlets. The account will offer a host of features,…