india

07 Mar

Russian oil companies are offer big discounts to India

editorNorth Eastindia, Russia Ukraine, Russia-Ukraine crisis, Ukraine

Once again the flagship crude of Russia was offered at deeper discount in Europe amid tensions over Ukraine. Vitol Group offered 1 lakh tons of the nation’s Urals oil for delivery to Rotterdam at $7.25 a barrel less than Europe’s benchmark for physical cargo transactions Dated Brent. There were no bids in a window organized by S&P Global Platts. The grade had already been sold in a tender at $6 below the same measure and offered at minus $6.30. It is the largest discount in 11 years at least. Before the escalations this week, Traders flagged that the discounting wasn’t…

07 Mar

NIESBUD implements the Start-up Village Entrepreneurship Programme

editorBusiness, Indiaindia, NIESBUD

An organisation under the Ministry of Skill Development and Entrepreneurship National Institute of Entrepreneurship and Small Business Development (NIESBUD) signed a Memorandum of Understanding (MoU) with the Ministry of Rural Development to develop a sustainable model for promoting entrepreneurship at the grass roots by initiating the Start-up Village Entrepreneurship Programme (SVEP). It will enable the rural community by helping them set up their trades and provide complete support till they are stabilized. Rural entrepreneurs will be able to access banking systems for receiving financial support for starting their enterprises, including support from MUDRA bank. The beneficiaries of the project are…

07 Mar

Kodak & Treeview announce Distribution Partnership for Televisions

editorBusinessindia, Kodak

QThree Ventures, has announced a distribution partnership for its Kodak and Treeview brand of televisions. As part of the partnership, Kodak and Treeview’s range of televisions would be made available on the udaan platform, India’s largest business-to-business (b2b) eCommerce Platform. In India, QThree Ventures is the official offline channel partners for Kodak and Treeview brand of televisions. Kodak is one of the leading ‘Made in India’ brands which manufactures smart TV ranges and Treeview is the largest manufacturer of LED TVs in Thailand. Speaking on this partnership, Jubin Peter, Managing Director, Qthree Ventures said, “udaan's micro market GTM strategy along…

06 Mar

Amazon enables women to reach newer heights

editorBusinessAmazon, india

For many forward-thinking organizations such as Amazon India, gender equality is a key priority, whether it's pushing for equal representation of women or hiring for diversity. Amazon, sets itself targets for the proportion of women, insists on the right inputs with 50% of the resumes being of a woman while hiring for any role, develops mentorship and training programs to enable women to be hired and also shine in diverse roles. There are thousands of women making their mark and breaking the stereotype at Amazon. They demonstrate extraordinary leadership in less traditional ways and build their careers in unconventional ways.…

06 Mar

Instagram’s new edition of their flagship youth program

editorBusinessindia, Instagram’s

In association with the Young Leaders for Active Citizenship (YLAC), Instagram announced a new edition of their flagship youth program - the Counter Speech Fellowship in Siliguri. The program will engage young people on topics that matter to them and encourage them to lead conversations about them online. The Counter Speech Fellowship engages creative teenagers to use the power of visual storytelling to start meaningful conversations on issues that are important to young citizens around the world. The fellows have gone on to start non-profits like the Global Voluntary Action network, worked with organizations like Nyaaya that focus on legal…

06 Mar

Tata Motors registered Total Sales in February 2022

editorBusinessindia, Tata Motors

Tata Motors Limited has announced that its sales in the domestic & international market for February 2022 stood at 77,733 vehicles, compared to 61,258 units during February 2021. It has registered total sales grow by 27% over the previous year. The total domestic sales performance in February 2022 was 73,875 units against 58,366 units in February 2021. The total Domestic sales performance of Commercial Vehicles in February 2022 was 37,552 vehicles against 33,859 units in February 2021. Domestic sale of MH&ICV in February 2022 including trucks and buses stood at 14,596 units compared to 12,825 units in February 2021. Total…

05 Mar

A CBI court in Delhi dismissed the bail application of Chitra Ramkrishna

editorNorth Eastindia

During 2010-2012 the top brass of the NSE reportedly gave early access to some brokers to the stock market trading system. The central probe agency had booked owner and promoter of Delhi-based OPG Securities Pvt Ltd stock broker Sanjay Gupta in 2018 for allegedly making gains by getting early access to the stock market trading system. It has been said as NSE co-location case. The former managing director and the CEO of the National Stock Exchange (NSE) Chita Ramkrishna applied for the anticipatory bail in connection with the NSE co-location case. But a special CBI court in Delhi has dismissed…

03 Mar

The company ITC Ltd is set to hike the milk prices

editorNorth Eastindia

ITC Ltd is set to hike milk prices partially passing on the rise in input cost to the consumer. The company operates a fresh dairy business in the East, especially in Bengal and Bihar. It will follow in the footsteps of the market leader Amul. The rise is likely to be in the range of Rs 2 a litre even as the company said it has not decided on the extent of the hike. The Chief Operating Officer (dairy and beverages) of ITC Ltd Sanjay Singal said that, “We will do it in next few days. There is no option…

03 Mar

Operation Ganga by Air Force: 798 Indians evacuates in four flights from Ukraine

editorNorth Eastindia, PM Modi, Prime Minister Narendra Modi, Russia Ukraine, Ukraine

An Indian student died in Kharkiv shelter. Kharkiv is the second largest city of Ukraine. Naveen Shekharappa from Karnataka was killed while he was trying to buy food. Another student from Punjab died in Ukraine after suffered from stroke. Prime Minister of India Narendra Modi requested the Air Force's involvement in the evacuation process which helped in increase daily evacuations. The evacuation process has been coded as 'Operation Ganga'. It has been co-ordinated in each country by deputed Union Minister. India requested all citizens in Kharkiv to leave for safer areas immediately. 800 Indians nearly stuck in Ukraine. They were…

02 Mar

Amway Develops Nutrilite Little Bits aligned with WHO guidelines

editorBusiness, IndiaAmway, india

Stepping up its efforts in nutrition education and intervention, Amway has announced the launch of an innovative micronutrient supplement - Nutrilite Little Bits™ –providing daily essential vitamins and minerals to help manage micronutrient deficiency such as anemia. Previously Amway launched the Power of 5 campaign in India in 2018 that has benefitted over 25,000 children under-five and over 90,000 mothers and caregivers. Amway developed Nutrilite Little Bits aligned with WHO guidelines. This micronutrient supplement is loaded with 16 essential vitamins and minerals, customized as per the RDA 2010 guidelines to suit the Indian market targeting malnourished children between the age…