Purbalee Dutta - The Purbottar

12 Aug

Praj Industries Share Price Cracks Post Q1 Results

Purbalee DuttaBreaking News

Praj Industries’ share price dropped over 9% on Tuesday, August 12, following the release of its April-June quarter results after market hours on Monday. The company reported a net profit of ₹5.34 crore for Q1 FY26, a sharp fall of more than 90% from ₹84.18 crore in the same quarter last year, disappointing investors and triggering the steep decline. Sequentially, net profit also fell significantly from ₹39.82 crore in the January-March 2025 quarter. Management attributed the drop to cautiousness in the domestic ethanol market after achieving the 20% ethanol blending program (EBP) target and upcoming blending mandates. Geopolitical tensions and…

11 Aug

Tata Motors Shares Surge Nearly 3% Despite Weak Q1 Earnings

Purbalee DuttaBreaking News

Tata Motors' shares rose nearly 3% on Monday, August 11, despite the company reporting a drop in June quarter earnings due to declining volumes across segments and reduced profitability, particularly at JLR. On Friday, the automaker posted a consolidated net profit of ₹3,924 crore for Q1 FY26, down 30% from ₹5,643 crore in the same quarter last year. The stock was last trading at ₹648.20 on the NSE, up 2.29%. Group CFO PB Balaji said the company is focused on delivering a stronger second half, supported by festive demand, tariff clarity, and the upcoming demerger in October 2025. Revenue from…

09 Aug

India To Overtake US & Be No. 1 ChatGPT Market Soon

Purbalee DuttaNews

OpenAI has unveiled GPT-5, its latest and most advanced AI model, now accessible to both free and paid ChatGPT users, as well as developers via API. The company stated that GPT-5 brings enhanced reasoning, speed, accuracy, and mathematical performance. During the launch event, CEO Sam Altman emphasized India's increasing significance, noting, “India is our second-largest market after the U.S., and could soon become our biggest.” He praised the innovative ways Indians are using AI and confirmed that OpenAI is collaborating with local partners to boost AI affordability and accessibility in the country. Altman also announced plans to visit India in…

08 Aug

TCS Layoffs Herald AI Shakeup Of $283 Billion Outsourcing Sector

Purbalee DuttaLatest

Tata Consultancy Services' (TCS) decision to cut over 12,000 jobs marks the beginning of a larger AI-driven transformation in India’s $283 billion IT sector, experts say. While TCS attributed the 2% workforce reduction to skill mismatches, analysts believe this signals a deeper shift that could lead to the loss of up to 500,000 jobs in the next 2–3 years. The layoffs, primarily affecting middle and senior management, are the largest ever by India’s top private employer. AI is increasingly replacing roles in coding, manual testing, and customer support, impacting a sector that employs 5.67 million people and contributes over 7%…

04 Aug

Axis Bank Devalues Dining Delights With EazyDiner: New Terms Effective From August 1

Purbalee DuttaFinance

One of the often-overlooked perks of Axis Bank credit cards is the exclusive discounts through EazyDiner, available across all card variants. While discount rates vary from basic to premium cards, there’s something for every cardholder. Premium cards traditionally offered extra benefits like enhanced birthday discounts, Postcard Hotels vouchers, and complimentary EazyDiner memberships. Recently, Axis Bank revamped its Dining Delights program with EazyDiner, removing some discontinued cards and simplifying the structure. Notably, the Axis Magnus Credit Card has lost its premium status. It no longer qualifies for the high-net-worth individual (HNI) discount tier or birthday offers. Similarly, the Axis Bank Miles…

02 Aug

After 6+ Years, Red Panda Cubs Born In Sikkim Zoo

Purbalee DuttaNews, Sikkim

The birth of two red panda cubs at the Himalayan Zoological Park near Gangtok, Sikkim, has revitalized its red panda conservation efforts after a seven-year gap. Born on June 15 to parents Lucky-II and Mirak, the cubs mark the first litter for the pair. Park authorities officially announced the news on August 1, calling it a major achievement for the Red Panda Conservation Programme, which began in 1997. Director Sangay Gyatso explained that the programme had faced setbacks over the past seven years, including two outbreaks of canine distemper—a deadly viral disease affecting carnivores—that significantly reduced the captive red panda…

01 Aug

Raj Bhavan Holds ‘Utkarsh Utsav’

Purbalee DuttaNews, Sikkim

Raj Bhavan Sikkim hosted a special event, ‘Utkarsh Utsav,’ on Thursday to mark the completion of one year of Om Prakash Mathur's tenure as the 18th Governor of Sikkim. The celebration saw the presence of Chief Minister Prem Singh Tamang, Chief Justice Biswanath Somadder, Speaker M.N. Sherpa, and other dignitaries. A key moment was the release of the book Jaise Mene Janna, featuring the Governor’s speeches over the year. Reflecting on his journey, Governor Mathur spoke about his travels across the state, including visits to border villages under the Vibrant Villages Programme. He praised Sikkim’s people for their unity, sustainability…

31 Jul

Sikkim To Be Developed As Model State In Cancer Prevention

Purbalee DuttaNews, Sikkim

Cancer cases in Sikkim are rising at a concerning pace, prompting strong action from the state government. Under the leadership of Chief Minister Prem Singh Tamang-Golay, the Health and Family Welfare Department and the Department of Science and Technology have been working together to address the issue. A detailed analysis of decade-long cancer data revealed distinct trends in cancer types, ethnicity, and geographic patterns. This data was shared with the Department of Health Research and Department of Biotechnology, Government of India, along with a request for targeted interventions. In response, an expert consultation on cancer prevention and control in Sikkim…

30 Jul

Landslides Disrupt Key Routes To Sikkim & Kalimpong

Purbalee DuttaNews, Sikkim

NH-10, the vital highway connecting Sikkim and Kalimpong to the plains, was shut down on Tuesday morning after the Teesta River overflowed onto the road following heavy overnight rainfall in North Sikkim. A similar situation affected the route to Darjeeling. The river’s water level began to recede around noon, allowing the highway to reopen, but a massive traffic jam ensued, with vehicles stuck for hours. Locals reported flooding in areas like Rabi Jhora, 29th Mile, and near the Teesta Bridge at Teesta Bazar, cutting off access between Kalimpong, Sikkim, and Darjeeling. Authorities had issued alerts in Melli, Teesta Bazar, and…

29 Jul

MP Seeks CBSE Inclusion For Sherpa, Rai, Tamang, and Gurung Languages

Purbalee DuttaSikkim, State News

Lok Sabha MP Indra Hang Subba has written to the Ministry of Education, supporting a joint appeal by four major community groups in Sikkim—Akhil Kirat Rai Sangh, Denjong Sherpa Association, Sikkim Tamang Buddhist Association, and All Sikkim Gurung (Tamu) Buddhist Association. They are urging the inclusion of Rai, Sherpa, Tamang, and Gurung languages as optional second languages in CBSE Classes XI and XII. Indra Hang met Union Education Minister Dharmendra Pradhan and Minister of State for Education Dr. Sukanta Majumdar to stress the cultural and educational value of this request. The Ministry had previously rejected the appeal in a letter…