Business

19 Aug

Ministry of Food Processing Industries sanctions 16 new food processing projects

editor0 CommentsAssam, Businessassam, food industries, food processing projects

Ministry of Food Processing Industries has sanctioned 16 new food processing /preservation and infrastructure projects with a total cost of Rs.230 crore with subsidy commitment of Rs.85 crore for Assam in the last one year. It include 3 agro-processing clusters or Mini Food Parks with the objective to create common modern food processing/preservation infrastructure facilities for the processing/preservation units, 12 food processing/preservation units and 1 backward and forward linkage infrastructure. The Ministry has so far sanctioned 53 food processing/preservation projects in the different states of North East region in various supply chain component in the food processing sector with a…

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19 Aug

Google India’s flood forecasting initiative

editor0 CommentsBusinessGoogle India

 Over the past several months, along with the Central Water Commission (CWC), Google India have deployed its flood forecasting initiative and sent numerous public alerts to people in impacted regions across India. These alerts provide timely, updated, and critical information that can help users make informed decisions on their safety. Any user in the affected region with an Android smartphone with location services enabled will receive these alerts. Google India is currently issuing these notifications in English, Hindi and Bengali depending on the device language and location of users. One can also use Search to simply enter a query on…

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19 Aug

Flipkart: 8,000 new sellers participated in their first sale event

editor0 CommentsBusinessFlipkart

 During the Flipkart’s recently concluded five-day-long Independence Day Sale (August 6-10)Kick-starting the festive season, sellers on the Flipkart Marketplace platform witnessed significant business growth. In this period, the Flipkart marketplace platform recorded a 54 per cent increase in transacting sellers compared to last year. The Independence Day Sale event saw participation from sellers primarily from Tier 2 cities and beyond. In the wake of the COVID-19 pandemic, e-commerce has emerged as the preferred channel to connect with consumers nationwide. Since the nationwide lockdown, Flipkart saw an increased interest from sellers to join the platform. Since then, the company has onboarded…

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18 Aug

UTI Mastershare: An open-ended equity scheme

editor0 CommentsBusinessUTI Mastershare

 UTI Mastershare Unit Scheme is India’s first equity oriented fund (launched in October 1986). It has a track record of wealth creation for over 30 years. UTI Mastershare Unit Scheme, an open ended equity scheme predominantly aims to invest in large cap companies having competitive advantage in their respective fields. It follows an investment style of Growth at Reasonable Price (GARP) for stock picking. UTI Mastershare Unit Scheme aims to invest in companies that are fundamentally strong with control on borrowings, consistent revenue growth, focus on profitability and higher return on capital than cost of capital and consistent operating cash-flows…

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18 Aug

Maruti Suzuki Alto: The No 1 selling car

editor0 CommentsBusinessMaruti Suzuki Alto

Maruti Suzuki Alto announced a remarkable milestone of 40-Lakh cumulative sales. Alto is the preferred choice of Indian car buyers with 76% of Alto customers choosing it as their first car. Crowned as India’s best-selling car, Alto could not have achieved this milestone without the unparalleled faith and support from all its valuable customers. Mr Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India Limited, said, “Alto has been ranked as the No.1 selling car in India for 16th year in a row and we are immensely proud to announce another remarkable milestone of 40 lakh cumulative sales. This…

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17 Aug

The story of a successful entrepreneur

editor0 CommentsBusinessSTORYOFARMANKABIR

Financial freedom and the opportunity to make a difference to the world are very important. Being an entrepreneur is also a liberating experience. Arman Kabir, a hotel owner, started his journey with nothing and through years of hard work and dedication, he became financially independent at the age of 35. A graduate from Magadh University, he initially worked in a marketing team. He also worked as a Bengali translator at a hotel in Ajmer. His first-hand experience with the hospitality sector gave him the courage to open his hotel. Without enough finances to operate and sustain his hotel, he approached…

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17 Aug

ABSLI Assured Flexi Savings Plan

editor0 CommentsBusiness

The life insurance subsidiary of Aditya Birla Capital Limited (ABCL), Aditya Birla Sun Life Insurance (ABSLI) launched ABSLI Assured Flexi Savings Plan. Besides life cover, the plan aims to provide guaranteed benefits to provision for future goals while empowering customers with liquidity at hand, to fulfill short term goals or unplanned money needs. It offers fully guaranteed benefits and allows policyholders an instant access to their money by giving them the flexibility to make unlimited withdrawals. The flexibility to make unlimited withdrawals is hitherto unseen in the insurance market. ABSLI Assured Flexi Savings Plan is a fully guaranteed, non-linked non-participating…

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16 Aug

Telephone service begins between UAE and Israel amid deal.

editor0 CommentsBusiness

Telephone service between the United Arab Emirates and Israel began working Sunday as the two countries opened diplomatic ties, part of a deal brokered by the U.S. that required Israel to halt its contentious plan to annex West Bank land sought by the Palestinians for a future state. Associated Press journalists in Jerusalem and Dubai were able to call each other from both landline and cellular phones registered to Israel’s country code +972 from around 1:15 p.m. The historic deal delivered a key foreign policy victory to President Donald Trump as he seeks re-election and reflected a changing Middle East…

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16 Aug

“BJP Controls Facebook and What’s app”: US Media Report Fuels Rahul Gandhi’s Attack.

editor0 CommentsBusiness

An article by a foreign publication, alleging that Facebook overlooks hate speech by BJP leaders, became the latest flashpoint between the Congress and the BJP today. While the Congress posted the article as evidence of the alleged social media manipulation by the BJP, the ruling party cited the Cambridge Analytica data scandal and said the Congress should not point fingers.In the article titled "Facebook Hate-Speech Rules Collide With Indian Politics -- Company executive opposed move to ban controversial politician", the Wall Street Journal reported that Facebook looks the other way in cases of hate speech and objectionable content from leaders…

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14 Aug

Asus Zephyrus G14 gaming laptop

editor0 CommentsBusinessASUS, G14

Asus Republic of Gamers (ROG) launched Zephyrus G14. Asus ROG’s flagship product is powered by the latest AMD Ryzen 9 4900HS processor. It comes with customized intelligent cooling system, up to an RTX 2060 MaxQ GPU from NVIDIA and up to an UHD resolution Pantone validated 100% sRGB color accurate display to captivate users. ASUS India also ramps up the AMD portfolio by adding ZenBook 14, VivoBook S S14, VivoBook Ultra K15, VivoBook Ultra14/15, VivoBook Flip14 and Zephyrus G15 to it. Zephyrus G14 (with AniMe Matrix) is available from 6 August at a starting price of Rs 98,990. Zephyrus G14 (without…

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