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04 May

Amit Shah to visit West Bengal

editor0 CommentsSikkim

Union Home Minister Amit Shah will be on a visit to West Bengal on Thursday and Friday during which he will visit areas along the Indo-Bangladesh border, address a public meeting and interact with state MPs, MLAs and BJP office-bearers. Shah will also attend a cultural event, Mukti-Matrika, organized by the Ministry of Culture to celebrate the inscription of Durga Puja on UNESCO's list of Intangible Cultural Heritage to be held at Kolkata's iconic Victoria Memorial on Friday. The home minister will unfurl the flag of a boat ambulance at a floating border out post (BOP) at Sutluj in the…

04 May

Italian foreign minister to visit India

editor0 CommentsSikkim

Italian Foreign Minister Luigi Di Maio's three-day visit to India from Wednesday will provide an opportunity for both sides to further expand bilateral ties in trade and investment, defense and security and clean and green energy. "The foreign minister's visit will provide an opportunity to discuss the entire gamut of bilateral relations and further expand and deliver on our close partnership, particularly trade and investment linkages, defense and security, clean and green energy and science and technology cooperation," the MEA said in a statement. It said Jaishankar and Di Maio will review the progress of implementation of the 'Action Plan…

04 May

Gold falls by Rs 134, silver declines Rs 169

editor0 CommentsSikkim

Gold prices in the national capital fell by Rs 134 to Rs 50,601 per 10 grams on Wednesday, according to HDFC Securities. In earlier trade, the precious metal settled at Rs 50,735 per 10 grams. Silver also fell by Rs 169 to Rs 62,787 per kg from Rs 62,956 per kg in the previous trade. The rupee rose 8 paise to settle at 76.40 (provisional) against the US dollar on Wednesday after RBI's surprise rate hike ahead of the US Federal Reserve's policy decision.

04 May

Battles COVID in a Resilient Manner: FS Shringla

Business Correspondent0 CommentsBusiness, IndiaFS Shringla, Narendra Modi's

Foreign Secretary Harsh Vardhan Shringla stated that India is one of the world's fastest-growing economies. He praised India's economic policy and stated that the country's upcoming presidency of the G20 group is both an acknowledgement of our enhanced global standing and an opportunity to project our perspectives and highlight our priorities. Lauding PM Narendra Modi's initiative of "Aatmanirbhar Bharat", Shringla stated that it had transformed India's economic diplomacy. India will become a more prominent hub for resilient and dependable supply chains and global value chains and it’s democracy dividends in foreign policy and strategic affairs are growing. Shringla also stated…

04 May

The new manufacturing unit of Panasonic Life Solutions India

Business Correspondent0 CommentsBusiness, IndiaIndia, Panasonic

A wholly owned subsidiary of Panasonic Corporation Panasonic Life Solutions India announced the opening of its new manufacturing facility in Sri City, Andhra Pradesh. The facility aims to develop market synergies by providing swift material deliveries and customer delight. The factory also aims to produce more than 200 mil pieces of switches per year in the next 5 years. The ‘highly automated’ unit is spread over 133,584 sq.mt and currently covers a floor area of 37,025 sq.mt. This will be the company’s first electrical equipment manufacturing base in Southern India and seventh in India followed by facilities in the North…

04 May

Flipkart creates new employment opportunities

Business Correspondent0 CommentsBusiness, Indiaemployment, Flipkart

India’s homegrown e-commerce marketplace, Flipkart announced the inauguration of India’s largest fulfillment center (FC) in Haringhata (West Bengal). Located 50 kms from Kolkata, the facility has an integrated supply chain management spread across 110 acres. The tech-enabled facility that will create more than 11,000 job opportunities and will support around 20,000 sellers from the state and North-East region, was inaugurated (virtually) during the Bengal Global Business Summit (BGBS) 2022 by the Chief Minister, Mamata Banerjee in presence of Principal Chief Advisor to Chief Minister Amit Mitra, Industries Minister Partha Chatterjee, Minister of Transport and Housing Firhad Hakim, and Chief Secretary…

04 May

Valvoline’s ‘Happiness Truck’ reaches Kolkata

Business Correspondent0 CommentsBusiness, India‘Happiness Truck’, kolkata, Mr. Sandeep Kalia, Valvoline’s

The ‘Happiness Truck’ powered by the Original Engine Oil maker and a leading global lubricant manufacturer Valvoline Cummins Private Limited reached Kolkata. The truck has covered 5 destinations across Uttar Pradesh and Jharkhand after being flagged off from Sanjay Gandhi Transport Nagar, New Delhi. It reached Kidhirpur in Kolkata and the occasion was marked by celebrating with performances followed by informative sessions on automotive technology and engaging contests. The objective is to reach out and connect with mechanics, Fleet owners, and other service providers and involve them by empowering and educating them on the latest technologies. It will continue its…

04 May

First Best Sound Centre in Aizawl

Business Correspondent0 CommentsBusiness, IndiaAizawl, BestSound Center

A leader in the hearing aid industry, Signia launched Best Sound Centre, the first store of its kind in Aizawl. Here consumers can experience hearing live with hearing aids. The BestSound Centre is set to showcase the finest from Sivantos’ premium hearing care brand, Signia. BestSound Center is one of the largest networks of hearing care professionals with more than 290 centers spread across the country and aims at providing quality services to people. Nawka & Signia have been working together for the past 25 Years in North-East. Nawka HAC runs 10 clinics across 5 North-Eastern States. Director of Sivantos…

04 May

ICICI Pru Life’s strong financial results for FY2022

Business Correspondent0 CommentsBusiness, IndiaFY2022, ICICI

ICICI Prudential Life Insurance has delivered another strong financial performance leading to a 33% year-on-year growth in the Value of New Business (VNB) for FY2022. The VNB margin expanded to 28% and absolute VNB stood at Rs 21.63 billion. This was led by robust growth of 25% in new business sum assured and 20% in Annualised Premium Equivalent for the same period. During FY2022, Annuity and protection new business premiums grew by 29% and 35% year-on-year respectively. New Business Sum Assured of the Company grew to Rs 7,731.46 billion for FY2022 making ICICI Prudential Life Insurance the leader in the…

03 May

A man fired five members of a family

editor0 CommentsSikkim

A man fired five members of a family killing one man and seriously wounding two women. Additional Superintendent of Police (rural) Shailendra Kumar said the incident took place around Monday midnight in Nevrhiya Police Station area. According to the information received, the incident was fallout of an old enmity. Around midnight on Monday, when the family went to sleep, their neighbour, Akash alias Raju, barged in with a revolver and fired at a Rajbali,” police said. They said that after injuring the 65-year-old man, he opened fire on Shanti Devi (60), Bimala Devi (40) and Gaurav (13), who came out…