Business - The Purbottar

07 Apr

ONGC, Oil India shares fall up to 8% – Key factors explained

Priyanka RoyBusiness, News

Shares of state-run oil explorers Oil India Ltd and Oil and Natural Gas Corporation Ltd (ONGC) fell up to 8% on Friday, April 4, following a massive drop in crude oil prices overnight.Both Brent and WTI crude declined nearly 7% on Thursday. While WTI fell towards the $66 per barrel mark, Brent prices dropped to $70 per barrel.This drop in Brent crude was caused by the Organization of Petroleum Exporting Countries (OPEC+) announcing an unexpected, larger-than-expected production hike. While OPEC+ had planned to raise production by 1.38 million barrels per day in May, they announced a 4.11 million barrel per…

05 Apr

HMD unveils music-centric feature phones, renews partnership with Rajasthan Royals

Business BureauBusiness

Human Mobile Devices (HMD) has launched two new feature phones, HMD 130 Music and HMD 150 Music, targeting music enthusiasts with enhanced audio capabilities and dedicated music controls. Strengthening its commitment to the Indian market, HMD also renewed its partnership with Rajasthan Royals as the official smartphone partner for IPL 2025. The feature phones come with powerful 2500mAh batteries, Bluetooth 5.0, Type-C fast charging, and UPI payment capabilities. Available in multiple trendy colors, they feature a large rear speaker, wireless and wired FM radio, and SD card support up to 32GB. HMD is offering a one-year replacement guarantee on both…

05 Apr

GCPL launches new Kala HIT with thunderbolt technology, promises 4X faster mosquito elimination

Business BureauBusiness

Godrej Consumer Products Ltd (GCPL) has unveiled a game-changing addition to its household insecticides portfolio with the launch of the new Kala HIT mosquito aerosol powered by Thunderbolt Technology. This latest innovation uses Metofluthrin (MFT) to deliver 4X faster mosquito knockdown, requiring less aerosol for enhanced effectiveness and longer-lasting usage. The move comes after GCPL’s successful rollout of India’s first government-approved mosquito repellent incense sticks, Goodknight Agarbatti, and the introduction of Renofluthrin—India’s first indigenously developed mosquito control molecule. The Thunderbolt-enabled Kala HIT offers a potent solution for households battling high mosquito infestations, backed by a complete packaging revamp and a…

05 Apr

Marico Innovation Foundation launches InnoWin Day to propel cleantech, agritech and circular economy startups

Business BureauBusiness

Marico Innovation Foundation (MIF) has launched InnoWin Day, a strategic initiative aimed at scaling India's next-generation cleantech, agritech, and circular economy innovations. The event, held today, connected innovators with key funding sources, including investors, grantmakers, and institutional customers, to drive breakthrough ideas into scalable enterprises. The inaugural edition of InnoWin Day featured 24 high-potential startups, including winners of the Indian Innovation Icons 2025—AssisTech Foundation, Chara Technologies, Indra Water, PARI, and Rocket Learning. Additionally, startups from MIF’s Scale-Up program, such as Brisil, GreenPod Labs, Ishitva Robotic Systems, and Urban Kisaan, showcased their transformative solutions in climate resilience, water management, and sustainable…

05 Apr

MSDE showcases grassroots innovators at Startup Mahakumbh 2025

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) is set to highlight grassroots innovation at Startup Mahakumbh 2025, India’s largest startup convergence, from April 3-5 at Bharat Mandapam, New Delhi. The Skill India Pavilion, located in Hall 4, will feature 15 homegrown startups nurtured under the National Institute for Entrepreneurship and Small Business Development (NIESBUD), spanning sectors such as sustainable agriculture, eco-conscious textiles, AI services, and waste-to-wealth solutions. MSDE Secretary Shri Atul Kumar Tiwari emphasized the role of entrepreneurship in India's economic growth, stating, “Entrepreneurship today is thriving beyond metro cities, reaching villages and tier-two towns. Through Startup Mahakumbh, we…

05 Apr

Here are four reasons why HDFC Bank share price jumped 2.6% after its fourth quarter update:

Priyanka RoyBusiness, News

HDFC Bank share price rose 2.6% to hit an intra-day high of Rs 1,841.95. It is the top gainer on the Nifty 50. The surge in share price came after the company reported its business update about the fourth quarter of FY25. HDFC Bank: Deposit growth jumps 14% in Q4The country’s largest private sector lender reported that its deposits grew 14.1% year-on-year in the fourth quarter of FY25, rising 5.9% on a sequential basis to Rs 27.15 lakh crore. Its gross advances grew 5.4% year-on-year and 4% on a quarter-on-quarter basis to Rs 26.44 lakh crore. HDFC Bank: Credit outlook…

04 Apr

Byatikram Education Conclave 2.0 Set to Revolutionize Learning in Tripura

Business BureauBusiness

Great minds, greater discussions! A glimpse into the upcoming Byatikram Education Conclave 2.0, where esteemed panelists and distinguished guests gathered at the Agartala Press Club for the press meet. The event set the stage for what promises to be an exciting and insightful Conclave, with experts from various fields coming together to discuss the future of education.The Byatikram Education Conclave 2.0 is scheduled to take place on 5th April 2025 at Hotel Polo Tower, Agartala, Tripura. This year’s event will bring together leading educators, thought leaders, and innovators for thought-provoking conversations aimed at shaping the future of education. Topics will…

04 Apr

Tieedi and Tetra Pak launch initiative to empower waste workers, boost recycling in Darjeeling

Business BureauBusiness

Households and businesses in the Darjeeling district now have a structured way to recycle their used beverage cartons, thanks to a partnership between Tieedi Permaculture Foundation and Tetra Pak. The initiative aims to formalize waste workers, provide them with training and healthcare support, and ensure responsible recycling of aseptic beverage cartons. Tieedi, an environmental organization focused on zero-waste solutions, has teamed up with Tetra Pak, a global leader in food packaging, to establish a decentralized collection and recycling system. Used cartons will be collected through a network of waste workers and community volunteers before being sent to KhatemaFibres in Uttarakhand…

04 Apr

Bank of Baroda shares jump, global turnover rises over 11% to ₹27 lakh crore in March quarter

Priyanka RoyBusiness, News

Bank of Baroda updated its March quarter turnover for the 2024-25 financial year (Q4FY25) on Thursday, April 3. The public sector bank's global turnover rose 11.44% to ₹27.03 lakh crore as of March 31, 2025, from ₹24.25 lakh crore in the same period a year ago. Bank of Baroda shares jumped 3.02% to hit an intra-day high of ₹238.50 per share on the National Stock Exchange (NSE) on Thursday. Its global advances stood at ₹12.31 lakh crore, a 12.88% year-on-year rise from ₹11.73 lakh crore in Q4FY24. Meanwhile, its domestic advances grew 13.70% to ₹12.31 lakh crore from ₹8.98 lakh…

03 Apr

Women in Sandwich Generation must take proactive steps to take charge of their financial planning

Business BureauBusiness

Women in Sandwich Generation must take proactive steps to take charge of their financial planning including improving their financial know-how, said Edelweiss Life’s Chief Distribution Officer Anup Seth. The company recently released a study which shows 50% women in this generation cite lack of understanding of various financial instruments as a challenge to wealth creation. Sandwich Generation are individuals between ages 35 and 54 years, providing for 2 generations – ageing parents and growing children. The study, conducted in collaboration with YouGov, also shows that more than half the women in this generation feel they are behind on meeting their…