Business

08 Jul

44th Chess Olympiad Torch Run scheduled at Chennai

Business Correspondent0 CommentsBusiness

The Torch Run for the 44th Chess Olympiad scheduled at Mahabalipuram, Chennai touched down at Siliguri, West Bengal. Dr. Sankar Ghosh, member of the West Bengal Legislative Assembly received the torch at the renowned Salugara Monastery and handed it over to Grand Master Mitrabha Guha. He gave a simultaneous display against upcoming players during the occasion and a cultural program was also arranged. The next destination is Gangtok, Sikkim where another grand function is scheduled. India is hosting the 44th Chess Olympiad from 28th July to 10th August where 187 countries are participating. Yesterday evening, the Chess Olympiad Torch Flame…

Read More

08 Jul

Toyota unveils the new Urban Cruiser Hyryder

Business Correspondent0 CommentsBusiness

Toyota Kirloskar Motor unveiled the new Urban Cruiser Hyryder, Toyota’s first Self-charging Strong Hybrid Electric SUV and the first of its kind, in the B SUV segment in India. The Urban Cruiser Hyryder with its bold and sophisticated styling and advanced tech features, making it a perfect choice in the segment. Based on the Advanced Body Structure, the Urban Cruiser Hyryder has been designed for a greener future, delivering a unique combination of exemplary dynamic performance, best in class fuel economy, quick acceleration, lower emissions and a smooth drive. The Urban Cruiser Hyryder is capable of running 40% of distance…

Read More

08 Jul

SMART SUPERSTORE is now in Suri

Business Correspondent0 CommentsBusiness

SMART Superstore large format supermarket from Reliance Retail has launched its first store in Suri. The store provides one-stop shopping experience by offering a wide range of products under one roof, ranging from Grocery, Fruits & Vegetables, Dairy to Kitchenware, Homeware, Apparel, Consumer Electronics etc. Smart Superstore now has a presence of 20 stores in West Bengal. The spacious store spread over 16,000sq feet will be largest Grocery Super Market. SMART Superstore with its strong value proposition coupled with guaranteed discount of min 5% below MRP, on the entire range of products throughout the year and other attractive offers such…

Read More

08 Jul

Škoda Auto India breaks all records in June and H1 2022

Business Correspondent0 CommentsBusiness

INDIA 2.0, an endeavour that began in 2018, is seeing the company break its own sales records and set new ones month after month. June 2022 has seen 6,023 ŠKODAs find new homes across India. This is after breaking a decade-old record with 5,608 units in March 2022. Year-on-Year, June 2022 is a rise of 721% compared to the 734 cars sold in June 2021. It crossed the annual sales of 23,858 units in 2021 with 28,899 units already sold in H1 2022. It is already beating projections and targets for 2022. Just last month, the company hit 205+ customer…

Read More

08 Jul

Current valuations offer an excellent opportunity

Business Correspondent0 CommentsBusiness

DSP Investment Managers says that current valuations offer an excellent opportunity for staggered investments and is positive on sectors like Banking & Financial Services, Autos & Ancillaries, Healthcare and some construction materials companies, while maintaining a cautious outlook on IT and metals segments. The recommendations are from DSP Investment Managers ‘The Navigator’, an asset allocation tool which would recommend investors every quarter a strategy to deploy their investible surplus and allocate funds among asset classes. According to it, auto is one of the few sectors with limited earnings downgrade risk and potential re-rating because the easing of steel prices bodes…

Read More

08 Jul

Shopsy celebrates a successful one year in India

Business Correspondent0 CommentsBusiness

Flipkart’s social commerce platform Shopsy has marked one year since its launch in India. Introduced in July 2021, Shopsy made it easy for local entrepreneurs to come on board and redefine the spirit of entrepreneurship pan-India. Shopsy has over 2.5 lakh seller-base with 150 million products ranging across fashion, beauty, mobiles, home and much more. It ensures higher levels of reliability and reach in every small city and town. Boosted by strong growth in 2022, Shopsy has been growing at a steady pace and over the last six months, it has recorded a 2.7X increase in the units sold and…

Read More

07 Jul

Rakesh Jhunjhunjwala-backed Akasa Air gets clearance from air regulator to start operations

editor0 CommentsBusiness

Akasa Air, India’s most modern airline, on Thursday obtained its Air Operator Certificate (AOC) from the Directorate General of Civil Aviation (DGCA), Ministry of Civil Aviation, Government of India. The DGCA has cleared Akasa Air to start operations. Following the government’s initiative to usher in a new era of digitisation, Akasa Air is proud to be the first airline whose end-to-end AOC process was once performed the use of the government’s progressive eGCA digital platform. The manner concluded with the airline having successfully conducted a range of proving flights underneath the supervision of the country’s aviation regulator. Commenting on the…

Read More

06 Jul

Brezza – most admired SUV in a Hot and Techy avatar

Business Correspondent0 CommentsBusiness

All New feature packed Hot and Techy avatar of the country’s most loved compact SUV ‘Brezza’ has been launched by Maruti Suzuki. This city-bred SUV offers a stylish & exciting new design, powerful performance and is packed with advanced safety features. Brezza is equipped with a bouquet of cutting-edge technologies along with next-gen comfort and convenience features. Packed with advanced technology-driven safety features, Brezza offers: 6 airbags (front, side and curtain), Electronic Stability Program (ESP) with Hill Hold Assist as standard across all variants, 20+ safety features like reverse parking sensors, high-speed alert system, ISOFIX child seat restraint system, etc.…

Read More

06 Jul

Nissan India announces a domestic wholesale of 3515 vehicles

Business Correspondent0 CommentsBusiness

Nissan Motor India announces a domestic wholesale of 3515 vehicles in June 2022. Exports wholesale is 4497 June 2022. Nissan Motor India achieved a key milestone with the Big, Bold, Beautiful Nissan Magnite achieving a total of 50,000 deliveries in India in July 2022. The Nissan Magnite has had a phenomenal customer response maintaining a positive growth momentum on month on month on bookings, generating over 1 lakh bookings since launch. The ‘Make in India, Make for the World’ Magnite is being exported to 15 countries overseas. Nissan India offers a subscription plan that enables customers to own a vehicle…

Read More

06 Jul

Delhi CM Kejriwal announces India’s biggest shopping festival in Delhi from Jan 28

editor0 CommentsBusinessArvind Kejriwal, DELHI

Delhi Chief Minister Arvind Kejriwal on Wednesday announced 'the biggest shopping competition in India' that will be held in the country wide capital from January 28 to February 26 next year.Kejriwal said, "A 30-day Delhi Shopping Festival will be organised from January 28 to February 29 (next year). This will be the largest buying competition in India." "We are starting it now. I assume that in a few years, we will make it the biggest buying competition in the world," he said. The biggest' buying competition will enhance the city's financial system and assist the nearby businessman, the Delhi CM…

Read More