India

29 Jun

Shyam Steel aims to produce 300 million tonnes of steel by 2030-31

Business CorrespondentBusiness, IndiaShyam Steel, Tripura

One of the leading producers and manufacturers of primary TMT Bars Shyam Steel hosted a dealer's meet in Agartala towards expanding its dealer distribution network and augmenting the company’s business operations in the Tripura region. Shyam Steel has a strong presence in South Tripura and Gomati District and now it aims to expand its operation in North Tripura, West Tripura, Sephaijala, Dhalai, Unokati, Khowai Districts and the capital city Agartala. The company has established a robust distribution network with over 100 dealers. Shyam Steel also has a warehouse in the region that will ensure a constant supply of the required…

29 Jun

India ranks fourth in global gold recycling

Business CorrespondentBusiness, Indiaglobal gold recycling, https://web.whatsapp.com/

The World Gold Council launched a report titled ‘Gold refining and recycling’, as part of a series of in-depth analysis on the Indian gold market. The report highlights that amidst India’s growing demand for gold, recycling will continue to be key and the refining industry, which is currently stabilising after a period of change, will witness steady development. It is estimated that from 2013 to 2021, India’s gold refining capacity increased by 1,500t. Furthermore, over the past five years 11% of the country’s gold supply came from ‘old gold’; driven by movements in the gold price, future gold price expectations…

29 Jun

The second edition of Tally MSME Honours

Business CorrespondentBusiness, IndiaDr. Sandeep Agarwal, Siliguri, Tally MSME

Tally Solutions, a pioneer in the software products industry announced the winners of the second edition of ‘MSME Honours’ for the East Zone. Six companies from Siliguri triumphed amongst 2000 global nominations. It aims to celebrate the diversity and unrelenting contribution of MSMEs through their best practices at the grassroot level right up to the national economic level. These honours are given out once a year on the occasion of International MSME day and are applicable to all types of businesses with a turnover less than 250 crores and a valid GSTIN. Tally MSME Honours, in association with Development Bank…

29 Jun

The Habitats Trust Grants worth Rs. 3.20 Crore

Business CorrespondentBusiness, IndiaHabitats Trust

The Habitats Trust, a not-for-profit organization working towards the protection and conservation of India’s natural habitats and their indigenous species, is inviting applications to financially support organizations and individuals doing seminal work towards protecting and conserving India’s threatened wildlife and natural habitats. The Habitats Trust Grants, with a total of Rs. 3.20 Crore, will be given in three categories.The revised grant categories include (1) THT Conservation Grant of Rs. 1 crore, each to two organizations - The Habitats Trust Conservation Grant will support organisations working towards the conservation of lesser-known species and critical habitats. This grant is only open to…

29 Jun

VMentor.ai joins forces with Wadhwani Foundation

Business CorrespondentBusiness, IndiaVMentor.ai, Wadhwani Foundation

While the not-for-profit Wadhwani Foundation, through its initiative Wadhwani Advantage (WA), is known for systematically empowering SMEs to get on an accelerated growth track, through its global funding, world-class frameworks and consulting tools and training, VMentor.ai has been consistently empowering MSMEs to deliver 10X business growth with its world-class, tech-enabled, human-intervened mentoring platform. VMentor.ai and Wadhwani Foundation join forces for strategic collaboration.The MSME-accelerator alliance will offer specialized and subsidized mentoring by industry veterans to eligible MSMEs, with a revenue turnover between Rs 5 crore and Rs 100 crore, unlocking their potential for growth quicker and with a more strategic outlook…

29 Jun

Yoga brings peace in the entire universe: PM Narendra Modi

Business CorrespondentBusiness, Health, Indiaindia, PM Modi, Yoga

Prime Minister Narendra Modi took part in International Day of Yoga celebrations along with 15,000 people at the Mysore Palace Ground on the occasion of 8th International Day of Yoga. Yoga is not for one person, but for the entire humanity, thus the theme was Yoga for Humanity. Describing the 'Guardian Yoga Ring', the Prime Minister said that it is a collaborative exercise between 79 countries and Indian Missions abroad along with United Nations Organizations which portrays the unifying power of Yoga to transcend national borders. External Affairs Minister Dr. S. Jaishankar participated in a yoga practice program organized at…

29 Jun

The two new Philips Smart Light Hubs in Guwahati

Business CorrespondentBusiness, IndiaGuwahati, Philips Smart Light Hubs

The world leader in lighting Signify announced the launch of six new Philips Smart Light Hubs across Kolkata, Guwahati, Bhubaneshwar and Dhanbad. With these new store launches, the company has increased its retail presence to 36 exclusive lighting stores in Eastern India, offering a wide range of home lighting products. The two new Philips Smart Light Hubs in Guwahati span 1,000 &650 sq feet respectively and showcase more than 200 different kinds of lighting products. The stores have been designed to simulate actual home settings, such as a living room, bedroom, and dining room, allowing customers to experience the products…

29 Jun

NSDC and MoHUA launch project NIPUN

Business CorrespondentBusiness, IndiaMoHUA, NIPUN, NSDC

National Skill Development Corporation (NSDC), the nodal agency under the Ministry of Skill Development & Entrepreneurship, Government of India, and the Ministry of Housing and Urban Affairs (MoHUA) announced the launch of the project NIPUN- National Initiative for Promoting upskilling of Construction Workers. The project aims to train more than one lakh construction workers through fresh skilling and upskilling programs and provide them with opportunities in foreign countries. The project implementation is divided into three chapters -training through Recognition of Prior Learning at construction sites, training through Fresh Skilling by Plumbing and Infrastructure SSC and International Placement through industries/builders/contractors. On-site…

27 Jun

NIC Honestly Natural Ice Cream

Business CorrespondentBusiness, IndiaNIC Honestly Natural Ice Cream, Siliguri

NIC Honestly Natural Ice Cream has made a mark for itself among the most loved ice cream brand, is set to open new stores and franchises throughout the country. While the brand is expanding in the market, NIC Honestly Natural Ice Cream has chosen Siliguri as the key market to launch their new store and franchisee in order to spread the joy of their ice cream flavors throughout the city. The brand is planning an expansion strategy that will contribute to development in places where they can introduce a better taste and variety of ice cream flavours in the city…

27 Jun

ICICI Pru Life Insurance declares record annual bonus

Business CorrespondentBusiness, IndiaICICI Pru Life Insurance

ICICI Prudential Life Insurance, India’s largest private life insurer in terms of new business sum assured, has declared an annual bonus of Rs 968.8-crore for FY2022 to all eligible participating policyholders. This is the 16th consecutive year of bonus payment and also the highest ever by the Company till date, exceeding the FY2021 bonus by 12%. All participating policies in-force as of March 31, 2022 are eligible to receive this annual bonus, which will be added to the policyholders’ benefits. Almost a million participating policyholders will benefit from this, taking them closer to achieving their long-term financial goals. Mr. N…