Business Bureau - The Purbottar

25 Nov

Axis Mutual Fund unveils multi-asset active FoF, offer investors a one-stop diversification solution

Business BureauBusiness

Axis Mutual Fund has launched its latest offering, the Axis Multi-Asset Active Fund of Fund (FoF), an open-ended hybrid fund designed to provide investors with a diversified portfolio across equity, debt, gold, and silver. The New Fund Offer (NFO) opens on November 21 and will close on December 5, 2025, with a minimum investment of ₹100 and in multiples of ₹1 thereafter. The fund will be managed by Shreyash Devalkar, Devang Shah, Mayank Hyanki, and Aditya Pagaria, and aims to deliver long-term capital appreciation through a dynamically allocated portfolio. Utilizing a quantitative model alongside active oversight, the fund will adjust…

25 Nov

ACC-backed Kolaghat Contractor leads construction market transformation

Business BureauBusiness

In a remarkable journey from carpenter to prominent contractor, Mr. JatindraNathMondal of East Medinipur has emerged as a key influencer in Kolaghat’s construction sector. Managing 14 active sites with a team of 45 workers, Mondal is celebrated for his commitment to quality and timely delivery. After switching exclusively to ACC Gold in October 2023 due to concerns over product quality and limited technical support from other brands, Mondal has actively promoted ACC products across the region. His advocacy has contributed to a significant shift in the Kolaghat construction market, previously dominated by competitors, towards ACC. Contractors, masons, homebuilders, and engineers…

25 Nov

Canara Robeco AMC launches ‘Nivesh Bus Yatra’ in Assam to boost mutual fund awareness

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Canara Robeco Asset Management Company Limited (AMC), India’s second-oldest asset management company, has launched its flagship ‘Nivesh Bus Yatra’ in Assam to enhance awareness about mutual fund investments. The initiative, aimed at educating investors across the state, will cover key cities including Guwahati, Jorhat, Dibrugarh, and Silchar. The bus began its journey in Guwahati, engaging residents through practical learning sessions, digital tools, and live demonstrations to simplify investing and address common misconceptions. “An informed investor not only makes better decisions for themselves but also strengthens the broader financial ecosystem. The Nivesh Bus Yatra brings financial education directly to communities,” said…

25 Nov

Honda’s road safety mission reaches Cooch Behar schools, inspires young ambassadors

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Honda Motorcycle & Scooter India (HMSI) conducted a major road safety awareness drive at Jenkins School and Vivekananda Vidyapeeth (V.V.H.S) in Cooch Behar, engaging over 2,400 students in interactive sessions on safe and responsible road behaviour. The initiative aimed to instill everyday safety habits in young minds, emphasizing simple yet crucial practices such as wearing helmets, using pedestrian crossings and avoiding distractions. The participating students were introduced to real-life scenarios through demonstrations, virtual riding simulators and Honda’s scientifically designed modules. They were also trained in KikenYosoku Training (KYT) to help improve danger prediction skills. HMSI highlighted its broader commitment to…

25 Nov

Kotak Mahindra Bank marks 40th Foundation Day with stock split to boost retail participation

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Kotak Mahindra Bank has announced a major stock split to mark its 40th Foundation Day, with the Board approving the sub-division of its equity shares to make them more affordable and enhance market liquidity. The decision, taken at a board meeting in Mumbai, will see each existing equity share of face value ₹5 split into five shares of face value ₹1 each, subject to regulatory and statutory clearances. Part-time Chairman C S Rajan said the milestone reflects Kotak’s long-term commitment to shareholder value. “To encourage wider investor participation by making the Bank’s equity shares more affordable and liquid, the Board…

25 Nov

Rising Meningitis threat puts spotlight on vaccination drive across India

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In a renewed public health push, medical experts and child health advocates have urged parents to prioritise timely meningitis vaccination, warning that the deadly “brain fever” continues to claim thousands of young lives every year. With over 2.5 million cases reported globally annually and nearly 70% of fatalities occurring in children below five, the Meningitis Awareness Initiative seeks to highlight the importance of early detection and prevention. India remains among the top three countries with the highest meningitis-related deaths, driven largely by Acute Bacterial Meningitis. Of the three major pathogens, Neisseria meningitidis shows a case fatality rate of up to…

24 Nov

GE Aerospace to pump $14 million into Pune facility as it marks 10-year milestone

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GE Aerospace has announced a USD 14 million investment to expand its Pune manufacturing facility, coinciding with the site’s tenth anniversary. The move follows last year’s USD 30 million expansion and aims to enhance the plant’s capabilities in advanced engine components through upgraded manufacturing processes and automation. “Our Pune team has delivered components for some of our most advanced commercial jet engines with safety and quality at the forefront,” said Vishwajit Singh, Managing Director of GE Aerospace Pune. “This investment underscores our commitment to the Make in India initiative and advancing India’s role in global aerospace manufacturing.” Since its inception,…

24 Nov

MG Windsor crosses 50,000 sales in record 400 days, sets benchmark in India’s EV market

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JSW MG Motor India announced that its MG Windsor has surpassed 50,000 units sold in just under 400 days, becoming India’s first four-wheeler electric vehicle (EV) to achieve this milestone. Averaging five sales per hour, the Windsor has quickly emerged as a leader in the country’s 4W-EV segment. The rapid adoption reflects strong customer preference for MG Windsor’s blend of style, performance, and innovative technology. “Achieving 50,000 sales in record time marks a landmark moment in India’s EV journey,” said Anurag Mehrotra, Managing Director, JSW MG Motor India. He added that the company remains committed to advancing New Energy Vehicles…

24 Nov

Tiger-inspired 3D printed military arch unveiled in Jhansi cantonment

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Hyderabad-based Deeptech firm Simpliforge, in collaboration with IIT Hyderabad, has unveiled India’s first and largest 3D concrete printed Military Insignia Entrance Arch at the Jhansi Cantonment. Shaped in the commanding form of a tiger’s face, the structure symbolizes the bravery and spirit of the Indian Armed Forces. Standing 5.7m wide, 3.2m deep and 5.4m high, the arch was constructed using Simpliforge’s robotic arm–based 3D concrete printing technology. The visually striking gateway leads into an indoor sports arena inside the cantonment, merging functional design with symbolic architecture. Conceived under the guidance of Colonel Akhil Singh Charak, the project’s development was jointly…

24 Nov

Samsung launches DigiArivu Programme to strengthen digital and STEM education in Tamil Nadu

Business BureauBusiness, North East

Samsung, India’s largest consumer electronics brand, in partnership with the United Nations Global Compact Network India (UN GCNI), has launched ‘DigiArivu – Empowering Students Through Tech’, an education programme aimed at strengthening digital and Science, Technology, Engineering, and Mathematics (STEM) education in Tamil Nadu. Through this initiative, Samsung will upgrade school infrastructure, enable STEM and digital learning, train teachers, and support holistic student development across 10 government schools in Kancheepuram and Ranipet districts of Tamil Nadu — benefiting over 3,000 students. As part of DigiArivu, Samsung will deploy a multi-layered, community-centric model to transform the learning ecosystem in tier-2 and…