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01 Jul

Last date to link PAN-Aadhaar today: What you need to know

Priyanka Bhowmick0 CommentsBusiness, IndiaIndia

The last date for linking PAN with Aadhaar is Friday, June 30, as per the latest notification from the Revenue Department of the Finance Ministry. To link the two cards, users will have to pay Rs 1,000. The central government had earlier set the deadline for linking PAN and Aadhaar as March 31, 2023 However, the date was later extended to June 30 After today, if someone fails to link their two cards within the deadline, their PAN will become inactive. It is mandatory for all taxpayers to link their PAN number with Aadhaar. Capital markets regulator Sebi has also…

30 Jun

‘Dogs and Indians are Not Allowed Kaalchakra Dekhiye’, says Bada Business Founder Vivek Bindra

Business Correspondent0 CommentsBusiness

A distinguished motivational speaker and founder of Bada Business, Dr. Vivek Bindra, today(on Friday) took to his Twitter account and posted the picture of UK's PM Rishi Sunak of Indian origin with his dog Nova on his lap inside 10 Downing Street, the official residence and office of the UK PM. In his tweet, he wrote that once upon a time 'Dogs and Indians are Not Allowed" was written on the board of the offices of bureaucrats in England. He further says that today look at the cycle of time (Kaalchakra), today both are sitting on the highest chair of…

30 Jun

Walmart Vriddhi Program Transforms 32,000+ MSMEs

Business Bureau0 CommentsBusiness

Walmart announced that 32,000+MSMEs have completed training under the Walmart Vriddhi Supplier Development Program (Walmart Vriddhi) since the program launch in December 2019.Over 6,000of these MSME have been onboarded and are active onFlipkart’s marketplace giving thema much wider accessandreach to a pan-India consumer base. Walmart aims to train 50,000 MSMEs across India by 2024 through its Vriddhi program, aiming to expand local entrepreneurs and suppliers, create domestic jobs, and support the Indian MSME sector's growth. The Indian MSME sector is expected to reach $1 trillion by 2028, contributing 33% of India's GDP and creating 120 million jobs. It includes small-scale…

30 Jun

Sawansukha Jewellers exhibits their exclusive collection in Guwahati

Business Correspondent0 CommentsBusiness

Sawansukha Jewellers, one of the renowned jewellery brands of Kolkata is here in Guwahati to exhibit their latest collection of Diamond, Jadau and gold at Hotel Vivanta by Taj on 29th & 30th June. The house has a rich history of 250 years and an expertise over eight generations. With fair pricing and transparency Sawansukha gained the trust of their customers over the years. Their exceptional designs, detailing and exquisite Calcutta craftmanship has praised all over the world. They have their showrooms spread across Kolkata and Siliguri. Now they are in Guwahati for two days to exhibit their latest collection…

30 Jun

Flipkart Launches Exchange Program for Non-Functional Smartphones

Business Bureau0 CommentsBusiness

Flipkart, India’s homegrown e-commerce marketplace, announced the launch of an Exchange Program for non-functional appliances, smartphones, and feature phones. This program will allow customers to exchange their defunct large and electronic appliances for upgraded products ranging from appliances like television, refrigerator, and washing machine to laptops, smartphones, and feature phones. Flipkart's exchange program aims to simplify disposing of non-functional appliances by eliminating the hassle of finding vendors and arranging delivery. Customers can convert non-functional appliances into currency, reducing electronic waste (e-waste) generated by improper disposal. The program partners with authorized vendors to ensure responsible disposal, with defunct products being refurbished,…

30 Jun

Toyota Mobility Foundation partners with Challenge Works and World Resources Institute

Business Bureau0 CommentsBusiness

The Toyota Mobility Foundation, Challenge Works, and World Resources Institute have launched a $9 million global challenge to help cities adapt to the future. The challenge aims to transform millions' lives across countries, including India, by focusing on reliable, efficient, and inclusive transportation. The initiative aims to apply advances in transport modes, infrastructure design, operations, energy options, and connected data systems. Entries are open to city leaders, municipal corporations, governments, transport departments, and other local and regional agencies from June 21st to September 18th, 2023. The Challenge focuses on expanding access to safe, affordable, and inclusive transportation, harnessing data for…

30 Jun

TKM pioneered India’s Miyawaki Concept-Driven Afforestation

Business Bureau0 CommentsBusiness

Toyota Kirloskar Motor (TKM) is focusing on environmental conservation through its afforestation initiatives under its sixth eco-challenge, "Living in Harmony with Nature." The company has been using the unique Miyawaki Method of Afforestation since 2009, making it the first Indian company to implement such a method. TKM's commitment to sustainability and ecological restoration has yielded remarkable results, with numerous advantages of the Miyawaki approach. Dr. Akira Miyawaki's Miyawaki Concept creates dense, multi-layered forests using native species to mimic natural regeneration processes. This approach promotes biodiversity and aids food chain and ecology. Toyota's Miyawaki plantation drive expanded to 112 acres, with…

30 Jun

Axis Mutual Fund Unveils ‘Axis Nifty IT Index Fund’

Business Bureau0 CommentsBusiness

Axis Mutual Fund, a rapidly growing Indian fund house, has launched the Axis Nifty IT Index Fund, an open-ended index fund tracking the NIFTY IT TRI. Managed by Fund Manager Hitesh Das, the fund aims to provide returns before expenses, matching the total returns of the NIFTY IT TRI, subject to tracking errors. The minimum investment amount is Rs. 5,000, in multiples of Re.1/-. Axis Mutual Fund offers 20 passive offerings, including the Axis Nifty IT Index Fund, which aims to provide returns before expenses that match the total returns of the NIFTY IT TRI. The scheme aims to invest…

30 Jun

NSDCI joined hands with INC to empower nurses with language and domain skill training

Business Bureau0 CommentsBusiness

NSDC International and Indian Nursing Council have signed a Memorandum of Understanding to enhance skill development in healthcare and allied sectors, enhancing language and domain proficiency for overseas job opportunities. The MOU was signed by Shri Ved Mani Tiwari, CEO of NSDC International, and Dr. T Dileep Kumar, President of Dr Sandeep Singh Kaura, Adviser, NSDC for Skill India International Mission, Mrs K S Bharti, Joint Secretary, INC, Mr Ajay Raina, COO, NSDCI and other senior dignitaries of NSDCI and INC. NSDC International (NSDCI) and INC, a subsidiary of the National Skill Development Corporation, are partnering to deploy 10,000 healthcare…

30 Jun

BigBasket’s B2C arm saw losses swell 89% in FY23

Priyanka Bhowmick0 CommentsBusiness, IndiaIndia

Online grocery delivery firm Innovative Retail Concepts, which operates as BigBasket, widened its loss to Rs 1,535 crore for 2022-23, according to details shared by Toffler.Toffler said BigBasket's losses increased by 89%, which means that the company posted a loss of around Rs 812 crore in 2021-22. The company's revenue rose 5% to Rs 7,462 crore. “The company reported a net loss of Rs 1,535 crore in the same fiscal. This is an increase of 89% over the last fiscal year. The total expenditure of the company during the financial year was reported as Rs 8,998 crore,” the report said.