Thursday, July 16

Business

Thailand’s Response to E-Cigarettes: Committee Offers Three Policy Recommendations
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Business

Thailand’s Response to E-Cigarettes: Committee Offers Three Policy Recommendations

Mr. Niyom Wierathandithakul, Phrae MP of the Party for Thailand & the chairperson of the Special Parliamentary Committee tasked with studying laws and measures to control e-cigarettes in the country, proposed three approaches:1). Continue the ban on e-cigarettes and toughen existing laws, 2). Regulate heated tobacco products (HTPs) while maintaining the e-cigarette ban, 3). Regulate both e-cigarettes and HTPs. The committee, consisting of 35 members from various state agencies, civil organizations, relevant offices, and individuals with e-cigarette experience, aims to address the issue of e-cigarettes. The committee has invited experts and examined multi-facet impacts, including on health, society, children and youth, the economy and law enforcement. The committee in Thailand pr...
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Domes Industries share price upsurges over 5% to record high after Axis Securities gives ‘buy’ call, sees 18% expansion
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Domes Industries share price upsurges over 5% to record high after Axis Securities gives ‘buy’ call, sees 18% expansion

Share price of Domes Industries surged over 5% on Monday to hit a record high of ₹2,367.50 on the BSE after brokerage firm Axis Securities initiated coverage with a bullish outlook on the stock. This is the seventh consecutive day of rise in shares of DOMS Industries and the stock is up more than 10% in a week. Axis Securities has 'buy' rating on shares of DOMS Industries with a price target of ₹2,670 per share, which is 18% higher than Friday's closing price. "Our self-confidence in the promising future of DOMS is based on the company's strong and dependable performance over the past several quarters," Axis Securities said that in a report. It expects this trend to continue in the coming years, supported by factors such as a) continued distribution expansion in lower penetration...
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Veg, non-veg thali prices jump in June
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Business, News

Veg, non-veg thali prices jump in June

CRISIL MI&A Research said prices of representative home-cooked vegetarian and non-vegetarian thalis increased by 6 percent and 4 percent, respectively, on a month-on-month basis in June 2024. It said the cost of a vegetarian thali has increased month-on-month mainly due to increase in prices of vegetables, with prices of potatoes, onions and tomatoes increasing by 9 percent, 15 percent and 29 percent respectively due to inferior arrivals. The price of non-veg thali also increased due to higher prices of vegetables, but an estimated one per cent monthly increase in the cost of broilers, which is 50 percent of the cost of non-veg thali, prevented further increase. Crisil MI&A Research said that on a year-on-year basis, the price of home-cooked vegetarian thali increased by 10 ...
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Indian shares hit record high a day: S&P BSE Sensex rise 0.29% at 80,214.56
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Indian shares hit record high a day: S&P BSE Sensex rise 0.29% at 80,214.56

The NSE Nifty 50 was up 0.27% at 24,354.1 points, while the S&P BSE Sensex rose 0.29% at 80,214.56, hitting a record high by 9:26 am IST. Indian shares opened higher on Thursday in line with Asian peers,led by IT stocks after soft US data boosted hopes of a rate cut in September. The NSE Nifty 50 was up 0.27% at 24,354.1 points, while the S&P BSE Sensex rose 0.29% at 80,214.56, hitting a record high by 9:26 am IST. Asian shares rose on new estimates that the Federal Reserve could start cutting rates in September after stoft labor data in the world's largest economy. Nine out of 13 major sectors in India recorded gains. US rate-sensitive IT stocks rose 1%. Non-bank lender L&T Finance rose nearly 3% after strong loan growth and disbursement numbers in the June qua...
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North East Small Finance Bank launches major hiring drive across 13 locations
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North East Small Finance Bank launches major hiring drive across 13 locations

North East Small Finance Bank (NESFB) has announced a significant hiring initiative, aiming to recruit over 200 new employees by September 2024 in its first phase. The recruitment drive spans various locations, including Guwahati, Lakhimpur, Nalbari, Tezpur, Jorhat, Diphu, Dibrugarh, Kokrajhar, Kamrup, Shillong, Siliguri, Agartala, and Aizawl. NESFB is seeking candidates for the roles of Relationship Officer - Assets and Relationship Officer - Liabilities. Candidates with a bachelor's degree and 0-3 years of experience in the banking industry are encouraged to apply. This initiative underscores the bank's commitment to employment generation and skill development in the Northeast. Satish Kumar Kalra, MD & CEO of NESFB, remarked, "We deeply value our local talent and are committed to...
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Rajesh Toyota achieves milestone, wins CII GreenCo gold rating
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Business

Rajesh Toyota achieves milestone, wins CII GreenCo gold rating

Toyota Kirloskar Motor (TKM) is proud to share the achievement of its dealership, Rajesh Toyota (located in Jaipur, Rajasthan), who won the prestigious GreenCo Gold Rated Company Award conferred by the Confederation of Indian Industry (CII) Green Business Centre (GBC) at an awarding ceremony held recently in Chennai. Following a comprehensive assessment of the dealership’s environmental initiatives, CII recognized Rajesh Toyota with a gold rating. This significant accomplishment underscores Rajesh Toyota's unwavering commitment to environmental sustainability, aligning with the broader vision as outlined inToyota Environmental Challenge 2050 (TEC 2050). Rajesh Toyota, the first Indian automotive dealership to receive the CII GreenCo Rating, has demonstrated exceptional leadership in im...
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E-Cigarettes Receive FDA Approval to Aid Adults in Quitting Traditional Cigarettes
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Business

E-Cigarettes Receive FDA Approval to Aid Adults in Quitting Traditional Cigarettes

The Food and Drug Administration (FDA) has authorized the first menthol-flavored electronic cigarettes for adult smokers. The approval includes four menthol e-cigarettes from Njoy, a vaping brand recently acquired by tobacco giant Altria, known for Marlboro cigarettes. The FDA's decision bolsters the vaping industry’s claims that e-cigarettes can significantly reduce the harms of traditional smoking, responsible for 480,000 annual deaths in the U.S. due to cancer, lung disease, and heart disease. However, the move has sparked criticism from parent groups and anti-tobacco advocates, concerned about youth vaping.“This decision could mean we’ll never be able to close the Pandora’s box of the youth vaping epidemic,” said Meredith Berkman, co-founder of Parents Against Vaping E-cigarettes. ...
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Samsung, Vi collaboration sets new standards in telecom network deployment
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Samsung, Vi collaboration sets new standards in telecom network deployment

Leading telecom operator Vi has partnered with Samsung to deploy cutting-edge virtualized Radio Access Network (vRAN) solutions across key regions in India. After successful trials in Chennai, Vi has extended Samsung's deployments to Karnataka and Bihar, marking a significant step towards fulfilling its 5G Minimum Rollout Obligation (MRO). The collaboration between Vi and Samsung over the past 12-18 months has focused on integrating vRAN technology into Vi's existing infrastructure, blending traditional RAN deployments with innovative cloud-based solutions. This approach not only enhances network performance but also promises a superior customer experience. Jagbir Singh, Chief Technical Officer at Vodafone Idea Limited, emphasized the strategic importance of this deployment, stating, "...
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Digital adoption key for MSME growth, Vi Business insights study highlights
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Business

Digital adoption key for MSME growth, Vi Business insights study highlights

Vi Business has announced compelling findings from its 'ReadyForNext MSME Growth Insights Study Vol 2.0, 2024'. Released on World MSME Day, the study surveyed 1.6 lakh MSMEs across 16 sectors in India, highlighting that nearly 60% of these enterprises plan to digitize their operations by 2025. The study underscores significant strides in digital adoption across sectors such as IT-ITES, Financial Services, and Transportation. Despite challenges, including knowledge gaps and financial constraints, MSMEs are increasingly leveraging cloud computing, IoT, and advanced workspace tools to boost productivity and market reach. Notably, sectors like Retail and Construction are also witnessing notable digital advancements.In Guwahati, a burgeoning market in the Northeast, businesses are gearing u...
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Vi expands entertainment horizons with Zee5 partnership and streamlined subscription plans
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Business

Vi expands entertainment horizons with Zee5 partnership and streamlined subscription plans

Vi has bolstered its entertainment arsenal with the integration of Zee5 into its flagship Vi Movies & TV App, alongside the introduction of innovative subscription plans offering access to 17 leading OTT platforms.Vi’s renewed commitment to meeting the evolving demands of Indian consumers for affordable yet expansive entertainment solutions has been underscored by today's announcement. Following its successful rebrand earlier this year, Vi Movies & TV now stands as the only app to aggregate top-tier OTT players like Disney+ Hotstar, Sonyliv, and the newly added Zee5 under one comprehensive plan. Subscribers can now enjoy a vast library of content spanning movies, shows, and live TV channels, all accessible for just Rs. 248 per month. Avneesh Khosla, Chief Marketing Officer of V...
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