India - The Purbottar

03 Feb

Meta partners with FICCI

editor0 CommentsBusiness, Indiaficci, Meta

Meta, under its #SheMeansBusiness program has partnered with FICCI’s ‘Empowering the Greater 50%’ to enable and support 5 lakh women-led small businesses across India. The announcement was made during Meta’s inaugural National Women Entrepreneurship Summit to encourage industry dialogue and steps to support the MSMEs across sectors. Access to capital and relevant digital tools remain the leading issues faced by women led businesses. Out of over 63 million small businesses in India, approximately 20% are owned by women highlighting the need to bring more gender equality. Together with FICCI, Meta will address the barrier to access right digital tools and…

03 Feb

DealShare raises $165million in the first close of its Series E fund

editor0 CommentsBusiness, IndiaDealShare

DealShare has announced that it has raised $165million in the first close of its Series E fund raise. The Company welcomed Dragoneer Investments Group, Kora Capital and Unilever Ventures, along with continued commitments from existing investors Tiger Global and Alpha Wave Global (Falcon Edge). The company has been growing its consumer and revenue base strongly and expects to hit $1bn revenues in the near term. The funds raised in this round will be utilized to invest in technology and data science, as well as a ten-fold expansion in its logistics infrastructure and to increase geographic reach. DealShare has built a…

02 Feb

Ujjivan SFB achieves 4,000 vaccinations in Hooghly

editor0 CommentsIndiaHooghly, Ujjivan

Ujjivan Small Finance Bank announced that it has vaccinated close to 4,000 beneficiaries in five regions, namely Sripatipur, Parambuya, Kaikala, Anur and Sudarshan More, in Hooghly district of West Bengal.Ujjivan SFB had conducted the vaccination camps in most rural and remote locations of the state in the three districts, namely Hooghly, North 24 Parganas and Nadia, and vaccinated about 8,750 individuals in the state of West Bengal. Ujjivan SFB has attributed the success of vaccination camp to its own employees who contributed in spreading awareness about the importance of vaccination and in mobilising individuals in Hooghly district to get vaccinated.The…

02 Feb

Gold demand hits highest level in more than two years

editor0 CommentsBusiness, IndiaGold demand, World Gold Council

The World Gold Council’s latest Gold Demand Trends Report revealed that annual demand (excluding OTC markets) has recovered many of the COVID-induced losses from 2020 to reach 4,021t for the full year in 2021. The reports shows the demand for gold reached 1,147tin Q4 2021, its highest quarterly level since Q2 2019 and an increase of almost 50% year-on-year, according to the World Gold Council. Gold bar and coin demand rose 31% to an 8-year high of 1,180t as retail investors sought a safe haven against the backdrop of rising inflation and ongoing economic uncertainty caused by the corona virus…

02 Feb

Lenskart launches 73 Stores on Republic Day

editor0 CommentsBusiness, IndiaLenskart, Republic Day

Lenskart, India’s fastest growing Omni-channel eye-wear brand launched 73 stores on the occasion of India’s 73rd Republic Day across 46 cities and 19 states. Lenskart aims to set-up a total of 400 stores in the FY 2022, 73 stores launched was predominantly in Tamilnadu -17 stores, 10 in Karnataka and 6 each in Telangana and Kerala amongst others. With this company has started its countdown to successfully establish its landmark of 1000th store in February this year.The 73 store launches also include states like Bihar, Assam, West Bengal, Himachal Pradesh, Jammu & Kashmir, Gujarat, Chhattisgarh, and Punjab along with several…

01 Feb

Sunstone Eduversity’s “Step Up Scholarship”

editor0 CommentsBusiness, Education, IndiaSunstone Eduversity

Sunstone Eduversity has announced 1000+ scholarships amounting to INR 5 Crores through its "Step Up Scholarship" program. The program offers an opportunity for students to launch their careers with outcome-oriented and impactful higher education programs. Under this breakthrough initiative, students pursuing or planning to pursue Post Graduate courses (MBA, MCA, and PGDM) are eligible to apply for scholarships up to 100%. As a first step towards availing the Scholarship, aspirants must take the "Step Up Scholarship" test to be conducted on the 5th & 6th of February 2022. The test will entail multiple-choice questions on quantitative and verbal aptitude, psychometric…

01 Feb

Nissan Magnite exports expand to 15 global markets

editor0 CommentsBusiness, Indianissan magnite

Nissan has said that after the successful first year sale of its highly popular Magnite compact SUV, the company has expanded the number of export markets to 15 in total. Magnite, produced at Nissan’s Chennai plant in Tamil Nadu, was launched in December 2020 and has since gone on to achieve 78,000 cumulative customer bookings in India alone, with a further 6,344 shipped overseas. Magnite was the first global product to launch under the Nissan NEXT transformation plan, shifting the company’s focus towards high-demand products that deliver lasting value to the business and to customers. Following the successful introduction of…

31 Jan

Tamil Nadu girl who killed self over ‘conversion’: CBI takes over case

editor0 CommentsIndiatamil nadu

The Madurai Bench of the Madras High Court on Monday transferred the Lavanya suicide case to the Central Bureau of Investigation after the victim’s parents had filed a petition seeking a CBI probe into the matter. The case was transferred to the CBI on the day when the NCPCR team is visiting Thanjavur to conduct a probe into the case and enquire with officials involved. The NCPCR had earlier alleged that the Tamil Nadu government was not cooperating with the enquiry presided over by their state team and therefore they had to get a team from the Centre to conduct…

31 Jan

Kishan Bharwad murder case: Gujarat ATS arrest cleric from Delhi

editor0 CommentsIndiaGujarat

With new developments in the case, the Gujarat Anti Terrorist Squad (ATS) arrested a cleric, Maulana Qamar Gani Usmani from New Delhi on Sunday in connection with the killing of Kishan Bharwad, confirmed Imtiaz Sheikh, SP, ATS Gujarat. The Gujarat ATS has arrested a total of six people in this case.30-year-old Kishan Bharwad was murdered in Ahmedabad’s Dhandhuka on Tuesday was allegedly shot dead over a social media post. According to the ATS, the cleric ran an organisation named the Tahreek Farogh-e-Islami and allegedly circulated videos of speeches to instigate youth belonging to the minority community to target those who…

30 Jan

Indian Railway Mall Warehouse Workers Gets Recognition from Government

editor0 CommentsIndia

After years of tireless efforts and struggle of the Indian Railway Mall Warehouse Workers Union, the Ministry of Labor, Government of India, considering the demands raised by the Union, ordered to register the goods warehouse workers on the e-shram portal. This decision gave the goods warehouse workers of railways an identity all over India. The Indian Railway Goods Warehouse Workers Union held small meetings with railway goods warehouse workers and their families at various places across India from 26 to 28 January 2022 under the COVID-19 guidelines issued by the govt. The workers and their families pointed out certain demands…