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Trade Talk

Digital storage

Departing from the trend of launching a product in the metros, WD (Western Digital), a company manufacturing digital storage devices, launched WD Red, a range of products for network-attached storage, in Ranchi on August 5. Justifying the launch in Jharkhand’s capital, Subroto Das, WD director for India and South Asia, said the state had “remarkable industrial and mining activities” and educational institutions and medical facilities that needed storage capacity for huge data. “Considering that non-metros equally patronise our products, we had earlier launched WD Green, a range of products for capacity storage, in Kanpur,” he added. WD has internal and external devices like WD Blue (everyday storage), WD Green (bulk storage) and WD Purple (video surveillance application) to cater to the needs of individuals and industries. After-sales and replacement services were available at three drop-points in Ranchi, Jamshedpur and Dhanbad

Insurance cover

IDBI Federal Life Insurance recently introduced three new products with tax benefits. Incomesurance Guaranteed Money-back Insurance Plan, a traditional non-participatory 10-year term product that offers annual pay-outs from the sixth to the 10th policy year. Lifesurance Savings Insurance Plan, a traditional participatory endowment, offers additions, bonuses and accidental death benefits. From the sixth policy year, Lifesurance holder will get reversionary bonus accrued at the end of each policy year. Wealthsurance Suvidha Growth Insurance Plan is a unit-linked endowment plan aimed at first-time ULIP customers. At the end of the 10th policy year and every five years thereafter, the policy holder gets guaranteed loyalty additions

Expo Utsav 2014

The Ranchi branch of Junior Chamber International (JCI) will host the six-day annual trade fair, Expo Utsav 2014, at Morabadi Ground during September 18-23. “This will be a bigger and better managed Expo Utsav this time,” said Prabhash Jain, chief coordinator. Six hangars with some 400 stalls will display items ranging from electronic to automobile, home décor to healthcare, clothes to kitchenware. A pink hangar will be meant only for lady entrepreneurs. “Parking and security will be classy,” said JCI spokesperson Siddharth Chaudhary

Smart savings in liquid cash

VAS Tribology Solutions, a private firm based in Adityapur industrial area, has helped set up a total liquid management site for Ashok Leyland. Ashok Leyland plant director Alok Gupta inaugurated it at Pantnagar recently. With this facility, Ashok Leyland will not only cut down on its lubricant and coolant consumption, but also get better machine reliability