Blog - The Purbottar

23 Aug

WestBridge Capital To Acquire 15% Stake In Edelweiss Asset Management

Purbalee DuttaBreaking News

On August 22, Edelweiss Financial Services Limited (EFSL) announced that WestBridge Capital will acquire a 15% stake in the company for ₹450 crore, valuing Edelweiss Asset Management at approximately ₹3,000 crore. This strategic investment is seen as timely support for Edelweiss Mutual Fund (MF) as it enters a new phase of growth. Radhika Gupta, CEO of Edelweiss MF, shared the news on X (formerly Twitter), calling it a major milestone and a strong vote of confidence in the company's journey and future ambitions. The deal is subject to regulatory approvals from SEBI, the Competition Commission of India, and other customary…

23 Aug

Godrej Agrovet unveils Ashitaka, a new herbicide to boost maize yields

Business BureauBusiness

Godrej Agrovet Limited, a leading player in India’s agri-business sector, has launched Ashitaka, a novel herbicide for maize crops, developed in collaboration with ISK Japan. Designed to tackle grasses and broad-leaved weeds, the solution aims to help farmers achieve higher productivity during the critical early growth stages. When applied at the 2–4 weed leaf stage, Ashitaka significantly reduces crop-weed competition, ensuring better soil moisture and nutrient utilization. Rajavelu NK, CEO of Godrej Agrovet’s Crop Protection Business, said, “Effective weed management during early growth is crucial for maize productivity. Ashitaka, a first-of-its-kind solution in India, empowers farmers to improve yields and…

23 Aug

Zee Entertainment shares upgrade nearly 6% on heavy trading

editorBusiness, News

Zee Entertainment shares rose 5.93% to hit an all-time high of ₹124 on the BSE. On the National Stock Exchange, Zee Entertainment shares gained 5.98% on higher than usual trading volumes. Zee Entertainment shares traded on the National Stock Exchange more than doubled to over 1.25 crore shares as against an average daily turnover of 66 lakh shares. On the BSE, 11.09 lakh shares were traded in the last two weeks as against an average daily turnover of 2.97 lakh shares. The stock was among the top gainers in the Nifty 500 index. Meanwhile, Zee Entertainment has informed the exchanges…

23 Aug

86% in East India see dengue, malaria as year-round threat: Goodknight Survey

Business BureauBusiness

A new survey by Goodknight, India’s leading household insecticide brand under Godrej Consumer Products Ltd. (GCPL), has revealed that 81% of Indians fear mosquito-borne diseases like dengue and malaria can strike at any time of the year, not just during monsoons. East India showed the highest concern, with 86% respondents agreeing to the year-round risk, followed by West (81%) and North and South (80%). The pan-India study, conducted by YouGov, highlights how climate change, urbanisation and changing environmental conditions have led to year-round breeding of mosquitoes. India recorded over 2.33 lakh dengue cases last year, underscoring the need for constant…

23 Aug

Bangladesh Introduces ‘Carbon Tag’ for Every New Vehicle

Mohini BarmanBangladesh

In a pioneering move, Bangladesh has rolled out a digital “Carbon Tag” system for all new vehicle registrations. Each vehicle's carbon emissions—based on engine type and fuel efficiency—will be digitally displayed on the license record. The system includes a scaled registration tax, offering reduced fees for low-emission vehicles and higher fees for polluting models. Traffic authorities and environmental groups say this incentivizes clean automobile choices among consumers. The initiative is drawing attention from policymakers in India, Nepal, and Bhutan, who are considering similar eco-labeling systems to promote sustainable transport as part of their green mobility strategies.

23 Aug

Assam Congress Chief requests that PM Modi conduct an impartial investigation into Karbi Anglong’s illicit quarrying

Sonakshi SarkarAssam

Assam Pradesh Congress Committee (APCC) president Gaurav Gogoi on Friday formally requested Prime Minister Narendra Modi to order an independent investigation into alleged illegal quarrying in the Panimura Range of Karbi Anglong district. In his letter, Gogoi expressed serious concern over quarrying operations reportedly taking place without valid environmental clearances, which he said are posing significant risks to the ecological balance, public safety, and the legal regulatory framework. According to the Congress leader, while quarry operators were initially permitted to extract three lakh cubic meters of stone over a seven-year period beginning in 2017, actual extraction has reportedly crossed 80…

23 Aug

Federal Lease Boost: Free Insulin Kits Distributed to Low-Income Diabetics

Mohini BarmanInternational

Facing mounting pressure over insulin affordability, the U.S. government has initiated a three-month emergency distribution of free insulin starter kits to low-income individuals—especially children and seniors—across 15 states. Approximately 120,000 kits will be delivered via pharmacies, clinics, and outreach programs. President Biden called it an “urgent public health fix” tied to stalled insulin price caps in Congress. Advocacy groups have cautiously welcomed the move, noting it offers vital short-term relief while long-term reforms are debated. Public health planners across South Asia—particularly in Bangladesh, Nepal, and India’s rural districts—want to replicate such emergency measures to aid insulin-dependent populations in regions where…

23 Aug

Approach Communications bags Sure Real Pictures PR & Communications Account

Business BureauBusiness

Approach Communications, an award-winning PR and Communications agency, has been appointed as the official PR and Communications partner for Sure Real Pictures, an innovative production house dedicated to crafting compelling stories for Gen Z and Millennials. This partnership marks a significant step for Sure Real Pictures as it launches its debut feature film, Liberation, and embarks on an ambitious journey to create impactful films, web series, and digital content for a global audience. Sure Real Pictures, founded by Kanishk Kadam and Ankit Kadam, is focused on delivering thought-provoking narratives that resonate with younger generations. Their debut film, Liberation (2025), directed…

23 Aug

CGC Jhanjeri transitions into CGC University, Mohali with industry-integrated vision

Business BureauBusiness

Chandigarh Group of Colleges (CGC), Jhanjeri has officially transitioned into CGC University, Mohali, marking a significant milestone in its 25-year legacy. The announcement was made at a high-profile press conference at JW Marriott, Chandigarh, attended by academic leaders and corporate representatives from IBM, KPMG, EY, Cognitel, Microsoft, Autodesk, Meta, and Imarticus Learning. Founder Chancellor S. Rashpal Singh Dhaliwal described the move as his “commitment to society,” stressing that quality education must be accessible to all. Managing Director Arsh Dhaliwal highlighted his vision of making CGC University India’s first “Industry-Integrated Learning Capital”, bridging academia and employability with futuristic, tech-enabled curricula. The…

23 Aug

“Ek Ped Maa Ke Naam” plantation drive off-cycle rally flagged by Tuliram Ronghang

Banasree SarkarAssam

Over 1,250 bikers took part in the enormous 27-kilometer bike rally that was started by Karbi Anglong Autonomous Council (KAAC) Chief Executive Member Tuliram Ronghang from KASA Stadium in Diphu to Borlangfer along Lumding Road. Along with other KAAC executives, Additional Principal Chief Conservator of Forest (APCCF) Vipin Kumar Bansal, and other forest officials, Ronghang planted tree saplings at the Karbi Anglong Sports Association (KASA) facility prior to the rally. Under the idea "Ek Ped Maa Ke Naam," the event signaled the beginning of a comprehensive awareness campaign for widespread plantations. Ronghang said in his speech that the cycling rally…