Blog - The Purbottar

12 Feb

Tata AIA launches Enhanced Value Index Funds to boost long-term wealth creation with life protection

Business BureauBusiness

Tata AIA Life Insurance on Tuesday announced the launch of two new value-focused equity funds Enhanced Value Index Fund and Enhanced Value Index Pension Fund aimed at helping investors build long-term wealth while benefiting from integrated life insurance protection. The new fund offer (NFO) will remain open from February 9 to 16, 2026, with policies issued at a Net Asset Value (NAV) of ₹10 on February 16. The funds track the BSE 500 Enhanced Value 50 Customised Index, providing diversified exposure to 50 large-, mid-, and small-cap companies selected using key valuation parameters. The pension variant is available exclusively through…

12 Feb

Sikkim MP Meets LPAI Chief to Boost Border Connectivity and Trade

Sonakshi SarkarSikkim

Lok Sabha MP from Sikkim, Dr. Indra Hang Subba, recently met Shri Jayant Singh, Chairman of the Land Ports Authority of India (LPAI), in New Delhi to follow up on the proposal for establishing an Integrated Check Post (ICP) at Chiwabhanjyang along the India–Nepal border. The proposal is part of the broader vision of the Sikkim Krantikari Morcha (SKM) government led by Chief Minister Prem Singh Tamang to improve border connectivity and create new opportunities for economic growth in the state’s border regions. During the meeting, Dr. Subba discussed the importance of developing modern border infrastructure at Chiwabhanjyang Pass and…

12 Feb

Two-Day Mindfulness Workshop in Gangtok Aims to Bring Meditation into Daily Life

Sonakshi SarkarSikkim

The Department of Buddhist and Tibetan Studies of the Namgyal Institute of Tibetology (NIT), which is affiliated with Sikkim University, will organize a two-day workshop titled “Meditation for Everyday Life: Practice and Applications” on March 6 and 7, 2026, at Namgyal Hall, Deorali, Gangtok. The programme will be led by His Eminence the 8th Chokyong Palga Rinpoche, a respected spiritual teacher known for guiding meditation and Buddhist learning programmes in different parts of the country and abroad. Officials of the institute said the workshop has been planned to help participants understand how meditation can be practiced in daily life and…

12 Feb

CDSL hosts ‘Reimagine’ Symposium, highlights data-driven future of securities markets

Business BureauBusiness

Central Depository Services (India) Limited (CDSL) hosted the third edition of its annual symposium, “Reimagine: Securities Market through Data Synergy,” bringing together policymakers, regulators, market infrastructure institutions and technology leaders to discuss the growing role of data in shaping India’s securities markets. Central Depository Services (India) Limited said the event also marked the launch of the inaugural Reimagine Ideathon, rewarding five student teams with prizes worth ₹12 lakh. Tuhin Kanta Pandey, Chairman of Securities and Exchange Board of India, who attended as Chief Guest, emphasised that “data is the new plumbing of capital markets,” highlighting the importance of governance, security…

12 Feb

Bharat Bandh Impacts Bus and Transport Services Across Assam

Sonakshi SarkarAssam

The nationwide Bharat bandh called by trade unions significantly disrupted public transport services in Guwahati and Assam, causing considerable inconvenience for commuters. In Guwahati, the public bus service operated by the Assam State Transport Corporation (ASTC) struggled to accommodate rush hour demand, as private buses and app-based cabs were off the roads. Trade union activists enforced the bandh in various areas, particularly at Khanapara. Normal operations at public sector undertakings, including banks and oil installations, were also negatively impacted. Hundreds of workers from the Digboi Refinery protested outside the facility, warning of escalated agitation if their demands were not met.…

12 Feb

SEBI chief launches multilingual comic series to boost investor awareness

Business BureauBusiness

The CDSL Investor Protection Fund (CDSL IPF), in collaboration with Amar Chitra Katha, has launched a new investor education comic series aimed at simplifying financial concepts and strengthening awareness among investors. The series was unveiled by SEBI Chairman Tuhin Kanta Pandey at CDSL’s 3rd Annual Symposium, Reimagine: Securities Market through Data Synergy. Developed under the guidance of SEBI, the initiative translates complex financial topics into engaging story-based narratives designed to encourage informed participation in India’s capital markets. The comics will be available in both digital and print formats and distributed through investor protection programmes in 12 languages, including English, Hindi,…

12 Feb

Defamation Case Filed by Assam CM: Congress Leaders Summoned to Court on March 9

Sonakshi SarkarAssam

Senior Congress leaders Gaurav Gogoi, Bhupesh Baghel, and Jitendra Singh have been summoned to appear before the court on March 9 due to a Rs 500 crore defamation lawsuit initiated by Assam Chief Minister Himanta Biswa Sarma. The Chief Minister's legal action follows public assertions made by the three leaders alleging his illegal ownership of 12,000 bighas of land, which he contends is unfounded. During a media conference, Sarma emphasized that his defamation suit arises from what he characterizes as “false, malicious and defamatory” claims made by the Congress leaders. The controversial allegations first appeared in a newspaper article on…

12 Feb

IIT Guwahati Ties Up with Skyroot Aerospace to Boost Space Research and Innovation

Sonakshi SarkarGuwahati

Indian Institute of Technology Guwahati has partnered Skyroot Aerospace, a leading Indian space launch service provider, with an aim to promote space technology research and innovation. The partnership will open new avenues for the students in the field of advanced aerospace innovation focused on satellite launch collaboration, internships, joint projects, academic course development, facility sharing, and industry-focused training programmes. To formalise the collaboration, a Memorandum of Understanding (MoU) was signed by Prof. Sumana Dutta, Dean, Alumni and External Relations, IIT Guwahati, and Ashwin Mahavadi, Senior Vice President, Skyroot Aerospace. The event took place in the presence of Prof. Devendra Jalihal,…

12 Feb

RBI Clears ICICI AMC to Raise Stake in HDFC Bank Up to 9.95%

editorFinance

The Reserve Bank of India (RBI) has granted approval to ICICI Prudential Asset Management Company (ICICI AMC) and other ICICI Group entities to increase their stake in HDFC Bank up to 9.95%, according to a regulatory filing by HDFC Bank on Wednesday.As of February 6, ICICI Group entities collectively held a 4.07% stake in HDFC Bank, India’s largest bank by market capitalization, currently valued at around $157 billion. The approval follows an application submitted by ICICI AMC and will remain valid for a period of one year.Under the RBI’s conditions, ICICI and its group entities must ensure that their combined…

12 Feb

Kotak Mahindra Bank expands CSR healthcare push with ‘Sehat Ka Safar 4.0’ across key transport corridors

Business BureauBusiness

Kotak Mahindra Bank has launched the fourth edition of its flagship CSR initiative, ‘Sehat Ka Safar 4.0,’ reinforcing its focus on preventive healthcare for India’s transport workforce. The programme, running from December 18, 2025, to March 31, 2026, will organise 45+ health and eye check-up camps across major logistics corridors, targeting nearly 4,500 truck drivers, transporters, and their families. Market observers note that the initiative highlights the growing role of corporate-led healthcare outreach in strengthening workforce productivity within India’s logistics ecosystem. The latest edition introduces key enhancements such as Ayushman Bharat Health Account (ABHA) card issuance, expanded laboratory diagnostics, and…