Business - The Purbottar

30 Nov

Moglix expands its footprints in India

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Moglix, one of India’s largest B2B commerce companies, is expanding its footprint across India and is now in 35 locations. The company has extended its supply chain to Guwahati in the North-Eastern region. The announcement of Moglix’s decision to enter new geographies in the country comes amidst its push to offer digitally enabled supply chain solutions for indirect procurement to its customers in the enterprise and SME segments. Moglix has been keeping the B2B supply chain up and running for its customers in the manufacturing sector as the economy looks to regain lost momentum ahead of the festive season of…

26 Nov

Industrialist Ratan Tata’s tribute on anniversary of 26/11 Mumbai attacks gets praise on social media

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Veteran industrialist Ratan Tata on Thursday called for "unity and acts of kindness and sensitivity" that Mumbai showed in response to the terror attack 12 years ago, to continue in the future. In a social media post, the chairman emeritus of the Tata group said, "The wanton destruction that took place 12 years ago will never be forgotten." Tata shared a sketch by artist Sanjana Desai of the iconic Taj Mahal Palace hotel in Mumbai, one of the sites of the terror attacks, that bore the message ‘we remember’ on it. “But what is more memorable, is the way Mumbai…

26 Nov

PokerBaazi.com’s MoneyMaker tournament

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PokerBaazi.com, one of the most popular online gaming platforms to play Indian poker games, recently concluded their highly rewarding tournament – The MoneyMaker. It attracted over 1000 players and saw 28-year-old poker enthusiast from Shillong, Meghalaya, Banmanlang Warrlyndem bag Rs 17,00,000 with just a humble investment of Rs 11,000. The tournament witnessed a massive participation of more than a 1000 entries and saw Banmanlang bag the grand prize. He has been a constant player on the PokerBaazi.com platform and has returned to the platform time and again because of the most seamless and rewarding experience over the years. Over the…

26 Nov

Micky Metals launches Power Plus TMT 600 SD bars

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Micky Power Plus TMT 600 SD, an endeavor of Micky Metals Limited, sent off their very flexible ribbed TMT support bars. The brand also introduced their new logo in the presence of renowned actor Jisshu Sengupta, Brand Ambassador, Micky Metals Ltd. along with Mr S. K. Agarwal, Director, Mr N. K. Agarwal, Director, Mr Saket Agarwal, Director, Mr Sumit Agarwal, Director. Micky Metal’s manufacturing plant is located in Suri, Birbhum, West Bengal. The company also has expansion plans, which include setting up of a unit in Durgapur. They are also planning an expansion of their brand with an outreach in Bihar, Jharkhand, Odisha, Assam, Uttar Pradesh, Rajasthan, Haryana and…

26 Nov

Bandhan Bank records impressive business growth

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Bandhan Bank announced its financial results for the second quarter of the financial year 2020-21. The Bank’s total business (deposits and advances) grew 25.90% year-on-year to reach Rs.1,42,742.3-Crore. The Bank started operations in FY15-16 and completed five years of operations in August this year. In just a little over 5 years, the Bank has 4,701 banking outlets through which it serves 2.08-Crore customers. The total number of employees working at Bandhan Bank stands at 45,549. The Bank’s deposit book grew 34.4% over the corresponding quarter of the previous year. The total deposits now stand at Rs.66,127.7-Crore. The current account +…

26 Nov

UTI Arbitrage Fund

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UTI Arbitrage Fund was launched in 2006 and now has a 14-year track record spanning across different market cycles. The fund has exhibited decent performance besides paying monthly dividend under its regular and direct plans. On compounded annual growth basis, the fund has delivered a return of 4.46% under its regular plan growth option and 5.02% under its direct plan growth option on a 1-year basis. (Data as of 6th November 2020). The fund being equity oriented enjoys certain tax arbitrage compared to other debt investment avenues. The fund has a reasonable track record of monthly dividend distribution. The periodic…

26 Nov

Fratelli Wines launches Tilt in Siliguri

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Fratelli Vineyards, India’s largest privately owned wine estate, is ready to launch TiLT (Wine in a Can) in Siliguri. TiLT is Vegan and gluten-free and will be available in 250 ml. eco-sensitive cans that are shielded from light and air. Presented in four variants at pocket-friendly prices of Rs 160 to Rs 230 per can, TilT will be soon available at leading liquor outlets in the city. TiLT is fresh and aromatic. This beauty from Fratelli’s vineyard speaks for itself with its impeccable quality. A very special feature of TilT is that it proudly presents a unique combination of various…

24 Nov

OPPO F17, A15, Reno 3 Pro, and A12 prices in India cut permanently in offline and online stores

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Oppo F17, Oppo A15, Oppo A12, and Oppo Reno 3 Pro has received a permanent price cut in India. The Chinese smartphone maker has reduced the prices for the aforementioned budget to mid-range handsets by up to Rs. 2,000. The revised prices are meant for both online and offline retailers. While Oppo Reno 3 Pro sees the biggest price cut of Rs. 2,000, Oppo A15 sees the minimum reduction at Rs. 500. It should be noted that not all storage variants of the four smartphones have been subject to the price cut. Oppo F17 price cut in IndiaOppo F17, that…

23 Nov

Tide aims biggest free product trials

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The new ‘yellow’ Tide was launched in September with the promise of great cleaning that fits the budget. Tide India, one of the leading fabric care brands in India from P&G, is back to redefine audience engagement and enhance the consumer experience, with its latest free in-store product experiential campaign for its newest product Tide Fresh and Clean. With this sampling drive, Tide aims to get more and more people to try the new product. The brand aims to route the biggest free product trials reaching more than 2-lakh stores across launch regions engaging more than 20-lakh consumers with free…

21 Nov

FDC Limited introduces PiFLU & Favenza

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FDC Limited announced the launch of new strength variants of its Favipiravir brands – PiFLU and Favenza, used to treat mild to moderate cases of COVID-19 in India. These prescription-only drugs will be available at all retail medical outlets and hospital pharmacies across the country, from 1 November. The 800mg version of the drugs will help reduce the number of tablets to be taken by any patient by 75%. Currently, patients are required to take 18 pills on the first day followed by 8 tablets every day for the next 13 days. Drug Controller General of India (DCGI)-approved Favipiravir is…