Blog - The Purbottar

13 Aug

BSE SME Stock Leo Dryfruits Rises 45% Against IPO Price

Purbalee DuttaFinance

Shares of BSE SME-listed Leo Dryfruits have jumped 45% since their IPO, currently trading at ₹75.40 compared to the issue price of ₹52. Listed in January 2025, the stock has steadily attracted investor interest on the back of strong business progress and market performance. The ₹25.12 crore IPO involved the issue of 48.30 lakh fresh equity shares and saw an enthusiastic response from all investor categories, making it a successful debut on the SME platform. IPO Details and Stock Movement:Held between January 1–3, 2025, with a price range of ₹51–52, the IPO was subscribed a massive 181.77 times overall. Non-institutional…

13 Aug

Major U.S. Airlines Pilot Zero-Emission Aircraft on Regional Routes

Mohini BarmanInternational

Two U.S. airlines are partnering with electric aviation startups to pilot zero-emission regional aircraft on short-haul routes in California, aiming for full certification by 2027. These small ePlanes promise silent, emission-free flights between cities like Sacramento and San Francisco. The Federal Aviation Administration (FAA) has granted test licenses, and the project is backed by clean energy funding as part of the green infrastructure push. Industry analysts predict these aircraft could revolutionize commuter travel by drastically reducing carbon footprints. Airline executives in India and Bangladesh are closely observing the progress. Regional aviation could benefit from similar low-emission technology on short domestic…

13 Aug

A world-class sports institution worth Rs 187 crore will be built in Bodoland, Assam

Sonakshi SarkarAssam

The Bodoland Territorial Council (BTC) of Assam is set to build a world-class sports academy in the region, a step seen as a major boost for sports development in Bodoland. BTC Chief Pramod Boro announced that the Union government has approved the project, which will be established in Udalguri district at a cost of Rs 187 crore. Addressing reporters, Boro said the region had long awaited such a development. “We have been demanding a world-class stadium in Bodoland for several years. Now, we have received two major projects — a Rs 110 crore football stadium from the Assam government in…

13 Aug

Divine Solitaires brings back ‘The Solitaire Festival of India’ with grand rewards and surprises

Business BureauBusiness

Divine Solitaires has announced the return of its flagship celebration, The Solitaire Festival of India (TSFI), now in its fourth national edition. Running from August 1–31, 2025, across partner retail stores in over 100 cities, the festival promises an enhanced diamond shopping experience with assured gifts, weekly mega draws, and a bumper finale. Under the theme “Sparkle Se Surprise Tak”, shoppers can expect unique rewards such as Spin the Wheel prizes, surprise picks, and Divine Vouchers, along with high-value gifts like iPhones, washing machines, laptops, PlayStation 5 consoles, and even a car. The grand Bumper Draw on September 3 will…

12 Aug

Gaurav Gupta debuts bridal couture ‘Quantum Entanglement’ in collaboration with Chivas Luxe Collective Perfumes

Business BureauBusiness

Celebrated designer Gaurav Gupta unveiled his Indian Couture 2025 collection, Quantum Entanglement, at the Jio World Convention Centre in Mumbai on August 8, marking his bridal couture debut in partnership with ChivasLuxe Collective Perfumes. The showcase, attended by over 500 guests, recreated the emotional journey of an Indian wedding — from cocktails to vows to the reception — through immersive fashion storytelling. Drawing inspiration from the physics theory of eternal particle connection, Gupta’s designs fused Indian craftsmanship with futuristic precision. Banarasi brocades, Chantilly lace, semi-precious inlays, and 3D florals defined the line, which also featured a 10-piece bridal segment and…

12 Aug

DSP Mutual Fund launches India’s first flexicap index fund, promotes quality and resilience

Business BureauBusiness

DSP Mutual Fund has launched the DSP Nifty500 Flexicap Quality 30 Index Fund, India’s first low-cost flexicap strategy combining quality stocks with dynamic market cap allocation based on momentum triggers. Designed to mirror the innovative Nifty500 Flexicap Quality 30 Index, this fund aims to help investors confidently navigate fluctuating equity markets. The fund invests in 30 fundamentally strong companies — 10 each from large, mid, and small caps — selected for high return on equity, low debt, and robust earnings growth. Market momentum dictates quarterly allocation shifts between large caps and small & midcaps, optimizing returns while minimizing risk. Since…

12 Aug

Assam announces 10 new co-districts, focus on administrative structure

Mohini BarmanAssam

Assam will have 10 new co-districts, taking the total number of such administrative blocs to 49 in the state, according to the chief minister's office. The newly created co-districts will be Boko-Chhaygaon and Palashbari in Kamrup district, Borsola and Rangapara in Sonitpur, Mariani and Teok in Jorhat, Makum and Digboi in Tinsukia, Dholai in Cachar and Dudhnoi in Goalpara. Out of these, eight will be inaugurated on Tuesday, and two on Wednesday. "With the inauguration of 10 more co-districts in 2nd Phase, Assam Govt takes another step towards enhancing governance at the grassroots," CMO said in a post on X.…

12 Aug

CAP faces major setback as Yuvraj Dahal and Bizal Rai quit

Sonakshi SarkarSikkim

The Citizen Action Party (CAP) in Sikkim suffered a significant setback on Monday as two prominent leaders, Yuvraj Dahal and Bizal Rai, resigned from the party with immediate effect. Yuvraj Dahal, a resident of Lungzick in the 03-Maneybong Dentam Constituency, submitted his resignation to the Party President. Having served as Treasurer and later Secretary to the Party President, Dahal described his time with CAP as a “valuable and memorable chapter” and expressed gratitude for the opportunities he received during his tenure. Similarly, Bizal Rai, who was the President of the Digital Communication Council and State Social Media In-charge, resigned from…

12 Aug

Vi Business is committed to strengthening India’s energy landscape; ready to connect 12 million smart meters in next three years

Business BureauBusiness

Vi Business, the enterprise arm of Vodafone Idea Limited, has announced a bold initiative to connect 12 million smart meters across India over the next three years. This large-scale deployment places Vi Business at the heart of India’s digital energy transformation, aligning with the goals of the India Smart Grid Mission. The initiative will drive innovation in Advanced Metering Infrastructure (AMI) and IoT solutions, helping Distribution Companies (DISCOMs) reduce Aggregate Technical & Commercial (AT&C) losses and offer consumers real-time energy usage data. Central to this effort is Vi’s IoT Smart Central platform, enabling secure, scalable connectivity for millions of meters.…

12 Aug

Bangladesh Pilots Floating Solar Farms on Dhaka’s Canals

Mohini BarmanBangladesh

Dhaka is implementing a pilot project to install floating solar panel arrays on urban canals—an innovative way to generate clean power while saving land. The floating farms are expected to produce up to 5 MW, with potential scale-up across the region. Urban planners say the project addresses land shortages and idle water surfaces in dense urban centers. If successful, the initiative may expand to cover 200 acres in the capital. Indian urban planners and Bangladeshi diaspora networks are keen to follow these developments, especially in metro areas with similar geography constraints. The project could spark widespread adoption of hybrid water-tech…