Thursday, October 9

Business

Indian single malt *’Indri Single Malt Whisky’ defies odds, sells over 1 lakh cases in just two years
Business

Indian single malt *’Indri Single Malt Whisky’ defies odds, sells over 1 lakh cases in just two years

Indri Single Malt Whisky, produced by Piccadily Distilleries, has surged to unprecedented heights, emerging as the fastest-growing single malt whisky worldwide. Within a mere two years of its launch, Indri-Trini has shattered expectations by selling over 1,00,000 cases, capturing a remarkable 30% market share in India, surpassing industry giants. Experiencing an extraordinary growth rate of 599% compared to the previous year, Indri is not only rewriting records but revolutionizing the landscape of premium spirits. Piccadily Distilleries, driven by ambitious expansion plans, aims to secure a position among the top 5 best-selling single malt whiskies globally.Since its introduction in November 2021, Indri has garnered over 25 prestigious accolades, including the coveted titles of 'Best I...
NSE issues alert: Beware of fake videos impersonating CEO’s stock recommendations
Business

NSE issues alert: Beware of fake videos impersonating CEO’s stock recommendations

The National Stock Exchange (NSE) has found itself contending with a formidable foe: deepfake technology. These advanced digital manipulations employ artificial intelligence algorithms to create convincingly realistic videos, often impersonating individuals and disseminating false information. The latest victim of this phenomenon is NSE's CEO, Shri Ashishkumar Chauhan, whose likeness and voice have been replicated in deceptive videos offering fraudulent stock advice. Deepfakes pose a significant threat to the integrity of financial markets, raising concerns about the spread of misinformation and its potential impact on investor trust. Recognizing the gravity of the situation, NSE has taken proactive measures to address this challenge. The exchange is leveraging a combination of tech...
Hilsa prices have increased before Eid and Pahela Baisakh
Business

Hilsa prices have increased before Eid and Pahela Baisakh

Retail hilsa traders said that hilsa is rarely seen in the market, which is less than 400 grams. Hilsa of this size is now being sold at a price of 1000 taka per kg. The traders said that despite the demand for hilsa in the local market, they mainly send the hilsa to the caravan market in Dhaka. Furthermore, due to the ban on fishing in hilsa sanctuaries, only a small amount of hilsa is seen in the market. Babul Sikdar, a hilsa trader at Mahipur Fish Landing Center in Patuakhali district, the biggest wholesale center for selling hilsa in Barisal division, said, 'Kg size hilsa is being sold at the rate of Tk 95,000 in this market at the moment. Here too, not more than 200 mounds are available daily. However, it is expected that the supply of hilsa will increase several times when the ba...
NSE, IFC, and Climate Bonds Initiative Unite for Industry-wide Workshops
Business

NSE, IFC, and Climate Bonds Initiative Unite for Industry-wide Workshops

The National Stock Exchange of India (NSE) has completed its inaugural deep-dive workshops, focusing on various sectors of the Indian industry. These pivotal events were held across two days at different venues: the first in Mumbai on April 3, 2024, and the second in New Delhi on April 5, 2024. The International Finance Corporation (IFC) and Climate Bond Initiative (CBI) have jointly organized workshops titled 'Deep Dive in Green, Social, and Sustainability (GSS) Bonds Issuance Process', sponsored by HSBC and The Kingdom of the Netherlands. The initiative aimed to promote the use of GSS bonds for a sustainable future in India. It aimed to enhance knowledge and foster discussions about the growing field of GSS bonds, bridging the climate financing gap. Shri Ashishkumar Chauhan, MD &...
Mobil 1’s 50 years of driving innovation and performance
Business

Mobil 1’s 50 years of driving innovation and performance

ExxonMobil's Mobil 1™ motor oil brand embarks on a journey of celebration and reflection as it marks its 50th anniversary in the automotive industry. From its inception as the pioneering synthetic motor oil to its current status as a global leader in engine protection, Mobil 1™ has left an indelible mark on the automotive landscape. Throughout 2024, Mobil 1™ will captivate audiences with a series of initiatives that not only celebrate its rich heritage but also offer a glimpse into the future of automotive lubrication. At the heart of these celebrations lies a captivating short film, narrated by former Formula 1 racer David Coulthard, which will take viewers on an immersive journey through Mobil 1's evolution, from its groundbreaking innovations to its influential collaborations.Moreov...
Vi Unveils ‘Cloud Play’ Mobile Cloud Gaming
Business

Vi Unveils ‘Cloud Play’ Mobile Cloud Gaming

The Gaming industry has witnessed a massive growth in India on the back of mobile-first phenomenon. Industry reports suggest gaming is likely to become a billion-dollar market in the country and Cloud Gaming will be the next frontier in the world of gaming. To cater to the continuously evolving interests of consumers, leading telecom operator Vi has partnered with Paris headquartered CareGame, to launch mobile cloud gaming service- Cloud Play. The service will be available in a ‘Try n Buy’ model with a free trial period.  Cloud Play offers a diverse range of premium AAA games across various genres, including action, adventure, arcade, racing, sports, and strategy. The launch catalogue includes Asphalt 9, Modern Combat 5, Shadow Fight, Storm Blades, Riptide, Beach Buggy Racing, and...
Toyota Kirloskar Motor redefines driving experience with All-New URBAN CRUISER TAISOR
Business

Toyota Kirloskar Motor redefines driving experience with All-New URBAN CRUISER TAISOR

Toyota Kirloskar Motor (TKM) takes a quantum leap in automotive technology with the launch of the groundbreaking All-New Toyota URBAN CRUISER TAISOR. This SUV isn't just a vehicle; it's a marvel of innovation, pushing the boundaries of what's possible in automotive engineering.With its futuristic design and advanced features, the URBAN CRUISER TAISOR represents the pinnacle of technological excellence. Drawing inspiration from Toyota's rich SUV heritage, its striking exteriors boast aerodynamic contours and sleek lines, enhancing both style and performance. Underneath its hood lies a range of powertrain options, including the 1.0L Turbo, 1.2L Petrol, and E-CNG variants, each engineered to deliver unmatched performance and fuel efficiency. But it's not just about power; it's about redef...
NutriPlus App by Britannia and Aktivo Labs sets new standards in health tracking and rewards
Business

NutriPlus App by Britannia and Aktivo Labs sets new standards in health tracking and rewards

Britannia NutriChoice has partnered with Aktivo Labs to introduce the NutriPlus app, a groundbreaking tool designed to empower individuals in their pursuit of well-being.For many, the struggle with metabolic non-communicable diseases (NCDs) is a deeply personal battle.  The NutriPlus app offers a glimmer of hope amidst these challenges, providing users with a simple yet powerful way to monitor their health and make positive lifestyle changes.Amit Doshi, Chief Marketing Officer of Britannia Industries, shares his personal motivation behind the app's launch, citing a desire to make a meaningful impact on people's lives.  "We believe in the power of small, everyday choices to transform health outcomes," he remarks, reflecting on the app's potential to inspire healthier habits amon...
Touching the sky of gold price, hands on everyone’s head
Business, Finance

Touching the sky of gold price, hands on everyone’s head

The price of gold is increasing tirelessly. On the first day of the new financial year (2024–25), it again set a precedent and reached the threshold of Rs 70,000. However, the yellow metal has already crossed that milestone by adding taxes. On Monday, 10 grams of retail gold (24 carats) rose to Rs 69,750 for the first time in Kolkata. 71,842.50 with GST. As a result, jwellery gold also rose. Hallmark gold jwellery touched an unprecedented high of Rs 66,350 per 10 grams. 68,340.50 with tax. Gold industry circles claim that, as a result, buyers and traders are facing problems. They need solutions. National Gem and jwellery Domestic Council Director Samar Dey said this is why a bunch of demands are being made to the Center. He said, "There are demands to buy jwellery with bank loans, redu...
First shipment of onion from India has entered Bangladesh
Business

First shipment of onion from India has entered Bangladesh

Onion is coming to Bangladesh by train from India on Sunday night. These onions will be given to the distributors starting tomorrow, Monday. Out of the 50,000 tons of onions that India has promised to Bangladesh, the first shipment of 1,650 tons of onions is coming. Commerce State Minister Ahsanul Islam gave this information at the secretariat this afternoon. Earlier, he participated in the 'Commodity Price and Market Situation Review Task Force' meeting. The Minister of State for Commerce said that these onions will be sold in Dhaka and Chittagong at Tk 40 per kg through TCB. The Minister of State for Commerce claimed that the prices of most products on the market have decreased since the beginning of fasting. Ahsanul Islam said all products are well stocked. Therefore, it is assumed ...