Business - The Purbottar

30 May

Suzlon Energy shares inflation 13.5%, Q4 net profit jumps 4-fold; chairman says company posted highest profit in 10 years

Priyanka RoyBusiness, News

Suzlon Energy share price: One of the renewable energy solution providers, especially in the wind energy space, jumped sharply in trade on Friday, May 30, after the company on Thursday reported a four-fold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4FY25), mainly led by higher revenues. In early deals, the stock jumped 13.57% to hit a high of ₹74.30 on the NSE. It reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, BSE filings showed. Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore a…

30 May

Vi Business and Hewlett Packard Enterprise join hands to revolutionize enterprise networking

Business BureauBusiness

Vi Business, the enterprise division of Vodafone Idea, has announced a strategic partnership with Hewlett Packard Enterprise (HPE) to provide next-generation managed services in India. The collaboration will utilize HPE Aruba Networking products to deliver advanced managed wireless LAN, switching, and security solutions tailored for diverse enterprise environments such as campuses, manufacturing units, corporate headquarters, and regional offices. Under the agreement, Vi Business will manage and support all services via its Network Operations Center (NOC), offering enterprises seamless service backed by AI-driven analytics for intelligent orchestration and enhanced user experience. The partnership also aims to co-develop private data center solutions…

30 May

Tata AIA Life Insurance Co. Ltd. declares a record bonus payout of ₹1,842 crore for FY25

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd., one of India’s most trusted life insurers, has announced a record bonus payout of ₹1,842 crore in its participating plans for the financial year ending March 31, 2025, which will benefit over 8.15 lakh policies. This year’s payout marks a 26% increase over last year’s bonus of ₹1,465 crore — the highest ever in the company’s history. Among other participating plans, the bonus has been declared for key participating plans such as the Diamond Savings Plan, Smart Value Income Plan, Value Income Plan and Shubh Flexi Income Plan. Participating Insurance Plans, also known as…

30 May

PM Modi lays foundation for Rs 1000 crore City Gas Distribution projects in Alipurduar & Coochbehar

Business BureauBusiness

In a major push towards cleaner energy and sustainable infrastructure, Prime Minister Narendra Modi today laid the foundation stone for City Gas Distribution (CGD) projects in Alipurduar and Coochbehar districts of West Bengal. The ambitious project, costing over Rs 1000 crore, aims to provide Piped Natural Gas (PNG) connections to more than 2.5 lakh households and over 100 commercial and industrial units. Additionally, it will establish at least 19 Compressed Natural Gas (CNG) stations for vehicular fuel needs. Scheduled for completion by September 30, 2030, the project sources natural gas from tap-off points at Ambari and Ghoksadanga in Coochbehar. By…

30 May

CaratLane launches ‘Runway’ collection honouring women in aviation

Business BureauBusiness

A TATA Product, has made history with the launch of ‘Runway’, India’s first-ever fine jewellery collection dedicated to women in aviation. The new line, unveiled in Mumbai, celebrates the courage, elegance, and ambition of female pilots and aviation professionals through 20+ exquisite designs in 9KT and 14KT gold and diamonds. The launch campaign features a commercial pilot, a fighter pilot, and a cabin crew professional—each showcasing how their passion for the skies is captured through wearable art. Notably, the collection includes dynamic pieces with mobile aircraft motifs, merging storytelling with craftsmanship. Actress and licensed pilot Gul Panag graced the preview…

30 May

Byatikram Education Conclave 4.0: A strategic boost to Northeast India’s education economy

Business BureauBusiness

The launch of the Byatikram Education Conclave 4.0 at the NEDFi Convention Centre, Guwahati, marks a significant step toward strengthening the education sector’s economic potential in Northeast India. Organized by Byatikram alongside The Times of India, JIS Group of Institutions, and NERIM Group of Institutions, this two-day event convenes 32 experts, policymakers, and technocrats to address six critical themes shaping regional educational infrastructure and market dynamics. The conclave’s inauguration by Prof. Dr. Sangeeta Tripathi, Director of NERIM Group, signals leadership commitment to enhancing academic-industry linkages. The presence of eminent figures such as Prof. Dr. Mridul Hazarika, P.S. Reddy, Prof. Dr.…

29 May

Gold price upgrade to Rs 99,000 per 10 grams, silver rises

Priyanka RoyBusiness, News

New Delhi, May 29: According to the All India Sarafa Association, the price of gold in the national capital rose by Rs 500 to Rs 99,000 per 10 grams on Wednesday amid a strong trend in overseas markets. The precious metal of 99.5 percent purity rose by Rs 500 to Rs 98,500 per 10 grams (inclusive of all taxes). Also, the price of silver rose by Rs 1,000 to Rs 1,00,000 per kg (inclusive of all taxes) on Wednesday. The metal had declined by Rs 1,370 to Rs 99,000 per kg in the previous market session. Globally, spot gold rose…

29 May

Glenmark boosts healthcare in Sikkim with upgraded wellness centres and mobile services

Business BureauBusiness

Glenmark Pharmaceuticals, through its CSR arm Glenmark Foundation, has enhanced healthcare infrastructure in Sikkim by upgrading Health and Wellness Centres (Sub Health Centres) at Marchak and Tumlabong. The initiative is aimed at strengthening community health and aligns with the government’s Swachh Bharat Abhiyan and Kayakalp Programme. As part of its broader vision to “enrich lives for a healthier and happier world,” Glenmark has also been running its flagship “Health on Wheels for Children” program for over eight years. The mobile health unit currently serves over 23,000 people across 16 remote villages and 33 anganwadis, offering free consultations, medicines, health education,…

29 May

Oriental Trimex Revenue Surges 453% as Company Secures Major Mining Lease

Business BureauBusiness

Oriental Trimex Ltd, a natural stone processor and trader, reported a dramatic turnaround in Q4 FY25, with revenue jumping over fourfold to ₹16.66 crore compared to ₹3.01 crore in the same period last year. The company swung from a ₹6.43 crore loss to a ₹5.97 crore profit in Q4. For the full fiscal year 2024-25, revenue rose 476% to ₹21.02 crore, while the company posted a net profit of ₹8.53 crore against the previous year's ₹6.48 crore loss. The transformation comes as Oriental Trimex secured a 30-year lease for black granite mining in Odisha's Malkangiri District, covering 4.961 hectares. The…

29 May

How Manash Nath is cultivating a greener future in Assam through agro-innovation

Business BureauBusiness

Manash Nath, an agro-entrepreneur and social worker from Morigaon, is spearheading a quiet revolution in Assam’s agricultural sector through innovation and community-driven leadership. As a Board Member of Mohabahu Agro Farmer Producer Company Ltd., Nath has introduced maize silage—a nutrient-rich livestock feed—that has significantly boosted rural farming incomes and livestock health. His work earned him the prestigious State Award for Maize Silage from Assam’s Department of Agriculture. Under Nath’s leadership, Mohabahu Agro FPC has become a key supplier of eco-friendly agricultural inputs including vermicompost, organic seeds, and earthworms. These products are now trusted by tea estates, nurseries, and even government…