Business

18 Jun

UTI Treasury Advantage Fund aims to generate reasonable income

editor0 CommentsBusinessQ2FY22, UTI, UTI Treasury Advantage Fund

UTI Treasury Advantage Fund follows an accrual-oriented strategy by investing in a well-diversified portfolio of debt and money market instruments with an aim to generate reasonable income with lower volatility over the short-term. A spokesperson from the UTI said that the fund primarily invests in commercial papers, certificate of deposits and low duration corporate bonds along with tactical exposure to government securities. The UTI spokesperson mentioned that as was widely expected, in the recent monetary policy announcement, the MPC voted unanimously to continue accommodative stance and to maintain the repo rate at 4.00%. The Governor also announced the third tranche…

Read More

18 Jun

IndiaFirst Life introduces Micro Bachat Plan

editor0 CommentsBusinessBank of Baroda, IndiaFirst, Micro Bachat Plan, Union Bank of India

Promoted by Bank of Baroda and Union Bank of India, IndiaFirst Life Insurance Company Limited (IndiaFirst Life) has introduced IndiaFirst Life Micro Bachat Plan. IndiaFirst Life Micro Bachat Plan takes care of the insured’s liquidity needs through its loan facility. The policy can be purchased online or offline. This limited premium paying, and participating plan provides a shorter pay commitment of 5 years while offering savings and protection in a single policy up to 15 years. This non-linked, participating, limited pay, micro-life insurance policy is designed to offer dual benefits of security and disciplined savings to secure life’s certainties. The…

Read More

18 Jun

Flipkart opens one of its largest warehouses in WB

editor0 CommentsBusinessFlipkart, Flipkart Samarth, Largest warehouses, West Bengal

Flipkart, India’s homegrown e-commerce marketplace, added a new fulfillment center in West Bengal, the second-largest in the state, as it ramps up its supply chain infrastructure in the East to cater to the growing demand for e-commerce services across the region and the country. Spread across an area of over 2.2-lakh square feet and creating nearly 3,500 direct jobs, the new facility in Dankuni will cater to the needs of both Flipkart and Myntra customers in the region. It will also help thousands of sellers offer a wider selection and enable faster deliveries of customer orders within the region and…

Read More

17 Jun

Microsoft names CEO Satya Nadella as chairman

editor0 CommentsBusinessMicrosoft, Satya Nadella

Microsoft Corp on Wednesday named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson. Microsoft said Thompson, who took over as chairman from Bill Gates in 2014, will serve as lead independent director. Nadella has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn, Nuance Communications, and ZeniMax. “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review. As lead independent director, Thompson…

Read More

17 Jun

Miners in Africa find huge diamond, believed to be the third largest in the world

editor0 CommentsBusinessafrica, International, third largest diamond

A diamond believed to be the third largest ever found has been put on display in Botswana. The stone - weighing 1,098 carats - was shown to President Mokgweetsi Masisi, two weeks after the diamond firm, Debswana, unearthed it. The huge gem is only slightly less heavy than the world's second-largest diamond which was also found in Botswana in 2015. Botswana is Africa's largest producer of diamonds. "This is the largest diamond to be recovered by Debswana in its history of over 50 years in operation. From our preliminary analysis it could be the world's third largest gem quality stone."…

Read More

16 Jun

Vi to provide Managed SIP service in India

editor0 CommentsBusinessTelecom, Vi, Vi Managed SIP service

The enterprise arm of Vodafone Idea Limited (VIL), Vi Business has introduced Managed SIP service for businesses for which voice calls are a key business resource. Most Indian BPOs/KPOs, the BFSI and IT/ITES, telemarketers, VAS providers, conference service providers and similar sectors are currently relying on legacy TDM based PRI connections from multiple vendors. With Vi’s Managed SIP (MSIP), these organizations will now have the assurance of security as well as a window to monitor, measure and optimise their voice infrastructure. These services also help user clients get a complete view of their fixed telephony network, with best-in-class SLAs, voice…

Read More

15 Jun

Study says ,Sputnik V is more efficient against the Delta variant of coronavirus

editor0 CommentsBusinessApollo Hospital, covid, Sputnik V, vaccine

The Russia's Covid-19 vaccine has claimed that Sputnik V is more efficient against the Delta variant of coronavirus than any other vaccine. Sputnik-V has claimed that the one which was found in India., the Gamaleya Center study has the vaccine most effective vaccine against the coronavirus. The first dose of the imported vaccine was administered in Hyderabad last month. The Drugs Controller General of India, gave the authorization use emergency for the Sputnik V vaccine. while that of Covaxin is Rs 1,410 per dose, for private COVID-19 Vaccination Centres ,the maximum price of Covishieldhas been fixed at Rs 780 per…

Read More

15 Jun

Ram Mandir plot controversy: Temple Trust speaks out

editor0 CommentsBusinessIndia, plot, ram mandir, Temple

As the 'Ram Mandir' plot of land in Ayodhya has come under scrutiny, the Ram Janmbhoomi Trust has issued a factual report on the controversial land deal explaining the price difference of the plot. The Ram temple trust has said the charges are being concocted by BJP's rivals. It has also sent its report to the Centre, BJP and RSS, explaining the price difference. In its statement, the Ram temple trust has said the plot of land is located next to the road approaching the Ram Janmbhoomi Mandir and is of premium value. Bjp termed the war of words that…

Read More

15 Jun

OnePlus Nord CE 5G smartphone

editor0 CommentsBusinessnew smartphone, Oneplus, OnePlus Nord CE 5G

Gobal technology brand OnePlus has revealed a new addition to the OnePlus Nord product line: OnePlus Nord CE 5G (Core Edition). The newest member of the Nord smartphone portfolio is built on the core aspects of the Nord experience. Nord CE combines best-in-class hardware features, including a 90 Hz fluid AMOLED display, a powerful Snapdragon 750G 5G processor, and improved Warp Charge 30T Plus along with OnePlus’s signature fast and smooth OxygenOS 11. OnePlus Nord CE 5G comes with a large 4,500mAh battery, but with improved Warp Charge 30T Plus charging technology. Nord CE sports a powerful triple rear camera setup with a 64 MP main camera and on the front a 16 MP camera. It comes with a 6.43"…

Read More

15 Jun

Amway India’s Nutrilite Vitamin C Cherry Plus

editor0 CommentsBusinessamway, Nutrilite, Vitamin C Cherry Plus

One of the country’s leading FMCG direct selling companies, Amway India launched Nutrilite Vitamin C Cherry Plus. It is intended for individuals with weakened immunity. It comes with the benefit of extended-release technology. With this, Amway India is further strengthening its nutrition and immunity supporting portfolio in the country. The Nutrilite Vitamin C Cherry Plus provides steady release of Vitamin C into the body for over 8 hours as it is formulated with Extended-Release technology, to provide all-day immune support. “Looking at the growth trend and with the extension of our existing range of products under the nutrition and immunity…

Read More