Business

24 Aug

Nuvoco launches pre-mixed dry concrete

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A leading building materials company, Nuvoco Vistas Corp. Ltd. launched InstaMix Xpress – a pre-mixed, ready-to-use, bagged, dry concrete. With this, Nuvoco has made premium quality concrete available anytime anywhere which is easy to use. InstaMix Xpress is a pre-blended mixture of Cement, Sand and Aggregates with special admixture, requiring only the addition of water before pouring the concrete. It is produced in a controlled environment and is fast, easy-to-use, and ready-to-pour in just three steps – Open, Mix and Pour. InstaMix Xpress is ideal for a wide range of concrete applications. In the current scenario, the majority of small…

21 Aug

Live online Property Expo – ‘Right to Home’

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Elara Technologies-owned Proptiger.com launched India’s largest live online property expo, ‘Right to Home’. The two-day expo was unique in that it enabled buyers to attend online presentations made by leading property experts and to hold one-on-one digital interactive sessions with property advisors from developers and Proptiger.com. Prospective home buyers took advantage of exciting spot offers during the event and bought their dream homes digitally. The expo showcased a host of properties catering to various segments, from affordable to mid-segment to luxury housing. During the virtual event (August 20 & 21), as many as 30 leading developers participated to showcase more than 80 projects located…

21 Aug

Bandhan Bank Turns 5: Going from strength to strength

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Bandhan Bank, India’s youngest universal bank focussed on serving the needs of the unbanked and underbanked sections of society will be completing five successful years of operations on August 23, 2020. In June 2015, the Bandhan Group, which addresses the financial needs of those at the bottom-of-the-pyramid across India’s rural and semi-urban areas, was given the final approval by the Reserve Bank of India (RBI) to set up a universal bank. For around two decades, Bandhan has tirelessly worked for the upliftment of India’s economically weak through access to timely microcredit, freeing the poor from the clutches of usurious moneylenders. …

21 Aug

State govt striving to benefit 68,000 MSMEs under Aatma Nirbhar Bharat: Sonowal

editor0 CommentsAssam, Business

Chief Minister Sarbananda Sonowal today reviewed the implementation status of the Emergency Credit Line Guarantee Scheme for MSMEs of Dibrugarh and Tinsukia districts under Atma Nirbhar Bharat Abhiyan at a meeting held at the Deputy Commissioner’s office, Dibrugarh. He also held a discussion with the MSME owners of the two districts and urged them to take advantage of the Atma Nirmal Bharat initiative. Saying that Prime Minister Narendra Modi had started the Atma Nirbhar Bharat Abhiyan with financial outlay of Rs 20 lakh crore to revive and revitalise the country’s economy affected by COVID-19 lockdown, Sonowal stated that the state…

19 Aug

Ministry of Food Processing Industries sanctions 16 new food processing projects in Assam

editor0 CommentsAssam, Business

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. Healthy food selection. Shopping bag full of fresh vegetables and fruits. Flat lay food on table The Ministry has so far sanctioned 53 food processing/preservation projects in the different states…

19 Aug

Android smartphone users can get Google’s flood forecast

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Many people in states like Bihar, Uttar Pradesh and Assam are continuing to grapple with the effects of the flooding. This monsoon season has seen some of the most devastating floods in these parts of India. Along with the Central Water Commission (CWC), Google India has deployed its flood forecasting initiative and sent numerous public alerts to people in impacted regions across India, over the past several months. 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…

19 Aug

Flipkart witnessed a 54 per cent increase in transacting

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Flipkart’s Independence Day Sale event saw participation from sellers primarily from Tier 2 cities and beyond. Kick-starting the festive season, sellers on the Flipkart Marketplace platform witnessed significant business growth in the company’s recently concluded 5-day-long Independence Day Sale (August 6-10). During this period, the Flipkart marketplace platform recorded a 54 per cent increase in transacting sellers compared to last year. In the wake of the COVID-19 pandemic, e-commerce has emerged as the preferred channel to connect with consumers nationwide. This Independence Day being the first major sale-event for the newly onboarded sellers, the marketplace saw maximum participation of sellers…

18 Aug

UTI Mastershare: India’s first equity oriented fund

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

18 Aug

Maruti Suzuki Alto announces 40-Lakh cumulative sales

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Maruti Suzuki Alto is the preferred choice of Indian car buyers with 76% of Alto customers choosing it as their first car. Now, Maruti Suzuki Alto announced a milestone of 40-Lakh cumulative sales. 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. Alto is India’s first entry-level car to become BS6 compliant car. Alto offers fuel efficiency of 22.05 km/l for Petrol and 31.56 km/kg for CNG. Since 2000, Maruti Suzuki Alto has become a member of numerous households across different geographies. Alto has continued to…

17 Aug

Arman Kabir’s inspiring story of success

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The occasion of Independence Day is beyond a holiday mark on the calendar for entrepreneurs. Financial freedom and the opportunity to make a difference to the world are most important to them. 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 briefly worked as a Bengali translator at a hotel in Ajmer, helping with day-to-day operations. His first-hand experience with…