Business - The Purbottar

24 Jan

Flipkart and APFBC join hands to empower Assam’s entrepreneurs through e-commerce

Business BureauBusiness

Flipkart, in collaboration with the Assam Project on Forests & Biodiversity Conservation (APFBC), hosted an orientation workshop focused on empowering self-help groups (SHGs) and cluster level federations (CLFs). The event, held at Aranya Bhawan, introduced participants to Flipkart’s 'Samarth' program, which aims to provide entrepreneurs with digital tools and PAN-India market access. Attendees, including artisans and weavers, gained insights on product listing and online business strategies. The workshop emphasized training and logistics support for sellers. Mr. Rajneesh Kumar, Chief Corporate Affairs Officer of Flipkart, highlighted the initiative's goal to foster economic opportunities and digital inclusivity for underserved communities. Launched in…

24 Jan

Indus Towers shares surge on rose in Q3 earnings, Citi expects 32% surge

Priyanka RoyBusiness, News

Shares of telecom company Indus Towers rose two percent in the morning session on January 24 after the company reported better-than-expected earnings for the quarter ended December (Q3) of the current financial year (FY25). Indus Towers reported a consolidated net profit of Rs 4,003 crore for the quarter, registering a growth of 159.9 percent from Rs 1,541 crore in the corresponding quarter of the previous fiscal, led by significant collection of dues from Vodafone Idea and strong tower additions. The company saw its revenue from operations grow by 4.8 per cent to Rs 7,547 crore from Rs 7,199 crore in…

23 Jan

Ujjivan Small Finance Bank Q3 results: Rise in provisions leads to 64% drop in profit

Priyanka RoyBusiness, News

Ujjivan Small Finance Bank Ltd reported a 64% year-on-year drop in its profit during the three months ended December to Rs 109 crore due to a rise in provisions. Sequentially, the bank's profit declined 53%.The bank's provisions and contingencies rose to Rs 223 crore, up sharply from Rs 63 crore a year ago. A marginal rise in net interest income also capped the small finance bank's net interest income at Rs 887 crore, up 3% year-on-year. As a result, net interest margin fell to 8.6% in the October-December period from 9.2% a quarter ago and 8.8% a year ago. The…

23 Jan

Assam ITI Ecosystem Summit focuses on future-ready and green skills for youth

Business BureauBusiness

The Future Right Skills Network (FRSN), in partnership with the Directorate of Employment and Training, Assam, successfully hosted the ITI Ecosystem Summit in Guwahati, bringing together industry leaders, policymakers, and learners to discuss the future of skill development. The event, held at NEDFi House, emphasized the need to equip Assam’s Industrial Training Institutes (ITIs) with future-ready and green skills to prepare the youth for the rapidly evolving job market. The summit aimed to address the growing demand for skilled labor in sectors such as renewable energy, digital technology, and green construction. With sustainability and AI driving industrial change, the event…

23 Jan

Truecaller rolls out real-time caller ID for iPhone users

Business BureauBusiness

Truecaller has unveiled its most significant update for iPhone users, bringing real-time caller ID and spam blocking to iOS 18.2 and newer versions. This development aligns Truecaller’s iOS experience with its Android counterpart, leveraging Apple’s Live Caller ID Lookup framework. This breakthrough, powered by homomorphic encryption, allows Truecaller to provide live caller identification while maintaining user privacy. Truecaller CEO Rishit Jhunjhunwala remarked, “We are excited to bring the full power of Truecaller to iPhone. This update fulfills our iPhone users’ long-standing request for parity with Android while preserving privacy.” Key features include automatic spam call blocking, searching through up to…

23 Jan

Care Health Insurance launches ‘Ultimate Care’; a new era of health coverage

Business BureauBusiness

Care Health Insurance has launched Ultimate Care, a groundbreaking health insurance plan that sets a new benchmark in the industry by offering innovative features aimed at maximizing value for policyholders. The plan introduces several consumer-centric benefits designed to address unforeseen medical emergencies while rewarding policyholders for staying healthy. Ultimate Care combines extensive health coverage with a range of unique features. The MoneyBack feature offers policyholders a refund of their first year’s base premium after every five claim-free years. The Loyalty Boost adds an extra Sum Insured (SI) equivalent to the first policy year’s SI after seven claim-free years. Additionally, the…

23 Jan

Minister Pabitra Margarita’s historic visit strengthens Indo-Pacific ties

Business BureauBusiness

Minister of State for External Affairs Pabitra Margarita concluded an eight-day diplomatic tour across the Philippines, the Republic of Palau, and the Federated States of Micronesia (FSM), marking a significant step in India's Indo-Pacific engagement. The visit, which began on January 14, included high-level discussions with the leadership of all three nations. In a landmark achievement, Margarita became the first Indian minister to visit Micronesia, where he met President Wesley W. Simina and Vice President Aren B. Palik. They explored avenues to bolster bilateral relations and discussed issues of mutual interest with Foreign Secretary Lorin S. Robert. In Palau, Margarita…

22 Jan

KISNA Jewellery’s campaign ends with 100 cars given away to customers nationwide

Business BureauBusiness

KISNA Diamond and Gold Jewellery has concluded its highly successful #Abki_Baar_Aapke_Liye campaign, marking a milestone in customer engagement by awarding 100 Maruti Celerio cars to lucky winners across India. The campaign, which ran from September 1, 2024, to January 18, 2025, attracted over 51,219 participants, driving significant sales in diamond and gold jewellery segments. The campaign offered customers the opportunity to enter a lucky draw by purchasing diamond, platinum, or solitaire jewellery worth ₹20,000 or more, or gold jewellery worth ₹50,000 or more. Winners were selected nationwide, with key handover events held in cities like Delhi, Haryana, Maharashtra, and Tamil…

22 Jan

NAMTECH hosts first convocation and MET Expo, graduates 53 students

Business BureauBusiness

NAMTECH (New Age Makers’ Institute of Technology) marked a significant milestone with the graduation of its first batch from the International Professional Master’s Program (iPMP) – Smart Manufacturing. Held at the Mahatma Mandir Convention & Exhibition Centre, the event celebrated the academic success of 53 students who received their Post Graduate Certificates. The convocation ceremony was complemented by the first-ever Manufacturing, Engineering, and Technology (MET) Expo, which showcased groundbreaking innovations in digital technologies and provided a glimpse into the future of manufacturing. The expo highlighted NAMTECH’s futuristic learning campus and its spatial AI-enabled XR platform, emphasizing the institution's commitment to…

22 Jan

National Almond Day: 8 lesser-known benefits of almonds

Business BureauBusiness

As National Almond Day approaches on January 23, the spotlight shines on the numerous health benefits of almonds, a superfood endorsed by science and tradition alike. Over 200 scientific studies, along with recommendations from ICMR-NIN dietary guidelines, highlight the nutritional prowess of California Almonds, a powerhouse of 15 essential nutrients, including magnesium, protein, and vitamin E. Ritika Samaddar, Regional Head-Dietetics at Max Healthcare, New Delhi, emphasizes lesser-known advantages of almonds. These include their role in muscle maintenance, thanks to high protein content, and their ability to enhance energy levels by converting food into fuel through nutrients like vitamin B2 and…