Business - The Purbottar

18 Jun

Three states back claim of Shri Ram lineage, PIL gains momentum

Business BureauBusiness

A claim regarding the living bloodline of Lord Shri Ram has received support from political leaders in Uttar Pradesh, Haryana and Maharashtra, adding momentum to a Public Interest Litigation (PIL) pending before the Supreme Court seeking formal recognition of the lineage. According to a media release issued on Sunday, ShriAjay Harinath Singh has been acknowledged by his spiritual guide, Jagadguru RambhadracharyaJi, as the direct descendant of Lord Shri Ram through his son Lava. The release stated that the claim is supported by genealogical records and spiritual testimony and has now received endorsement from leaders of the three states. The release…

18 Jun

ArcelorMittal Nippon Steel India launches Zagnelis® Protect

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) today announced the launch of Zagnelis® Protect, a premium Zinc–Aluminium–Magnesium coated steel brand designed for high-performance automotive applications. Proven across European markets, ArcelorMittal’s patented Zagnelis® Protect coatings mark a first-of-its-kind manufacturing capability in India, which is the world’s third-largest automotive producer. Until now, steel products of comparable technological capability and quality were entirely imported. With this launch from Chennai in the presence of a group of key customers, ArcelorMittal Nippon Steel India has become the first company to introduce a high-quality, premium Zinc–Aluminium–Magnesium coated steel brand for automotive applications, strengthening its technology leadership. With…

18 Jun

The streets remember: TVS NTORQ taps football fandom through new campaign

Business BureauBusiness

TVS NTORQ, positioned as India’s leading sporty scooter, has launched its new brand campaign, “The Streets Remember,” leveraging its association with the Argentina Football Association (AFA) to deepen engagement with football enthusiasts and young consumers across the country. The campaign celebrates the spirit of football champions and aligns the scooter brand with values such as performance, confidence, ambition and individuality. As the Official Regional Partner of the Argentina Football Association, TVS NTORQ said the initiative pays tribute to players and teams that have shaped the sport while reflecting the brand’s own focus on style, maneuverability and street credibility. Conceptualised by…

18 Jun

TVS Raider joins hands with Style Icon Awards 2026 to strengthen youth connect

Business BureauBusiness

TVS Raider has partnered with the Style Icon Awards 2026 as the title partner, a move aimed at strengthening the motorcycle brand’s engagement with India’s young and style-conscious consumers. The collaboration brings together mobility, fashion, entertainment and popular culture, reinforcing TVS Raider’s positioning as a motorcycle that reflects the aspirations and individuality of the country’s youth. The company said the partnership aligns with TVS Raider’s image as a style-forward motorcycle known for its distinctive design, performance and appeal among young riders. As part of the association, the brand has launched **#RaidTheCarpet**, a nationwide social media contest that invites TVS Raider…

18 Jun

Sensex and Nifty Hold Steady as Investors Process US-Iran Peace Accord and Plunging Crude

anuprova EditorBusiness

The Indian equity benchmarks, BSE Sensex and NSE Nifty 50, exhibited a subdued and flat performance during today's trading session, consolidating their positions despite a tidal wave of monumental global developments. Investors opted for a cautious, wait-and-watch approach even as international markets rallied following the historic memorandum of understanding (MoU) signed between the United States and Iran to halt their military conflict. While the geopolitical breakthrough triggered an enthusiastic surge across Wall Street and Asian indices, domestic traders in India paused to assess the broader economic implications, leaving the Sensex hovering narrowly around key psychological levels and the Nifty trading…

18 Jun

Vedanta marks historic milestone with four new listings on BSE and NSE

Business BureauBusiness

Vedanta Group on Monday created corporate history by listing four newly demerged companies simultaneously on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), marking one of the largest restructuring exercises in India's corporate sector. The newly listed entities — Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power — began trading alongside Vedanta Limited, the Group’s flagship listed company. The move is aimed at creating focused sector-specific businesses and unlocking shareholder value across strategic industries including aluminium, oil and gas, power, iron and steel, and critical minerals. Speaking at the listing ceremony, Vedanta Group…

18 Jun

Centre launches SARTHI to drive reforms in ITI ecosystem

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) on Thursday convened the first meeting of the Strategic Advisory and Reforms Taskforce for Holistic ITI Transformation (SARTHI) at VigyanBhawan in New Delhi, marking a major step towards strengthening India's vocational training ecosystem and accelerating reforms across Industrial Training Institutes (ITIs). The meeting was chaired by Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education JayantChaudhary. Ministers from Rajasthan, Gujarat, Telangana and Uttar Pradesh, along with senior government officials and stakeholders from the skilling ecosystem, participated in the deliberations. SARTHI has been established as…

17 Jun

DIRECTION BEATS DEGREE – By Bidyut Mazumder, Deputy Director, JIS Group

Business BureauBusiness

Achieving transparency and respect in life requires proper education, research mentality andadequate preparation for the job life. And this requires the mentality ofimmense hardwork, perseverance and intense competition. Recently, in an exclusive interview one such message was conveyed by the Deputy Director of JIS Group, Mr. Bidyut Mazumder. He said, after the result declaration of the class 10th and 12thboard examinations,lakhs of students in the country are now standing at an important phase of their life. Some are preparing for higher education while some others are busy determining their career goals. Almost every student aims to acquire more knowledge, enhance…

17 Jun

Jio IPO Could Become India’s Largest Listing, Surpassing Hyundai Motor India

nanika EditorBusiness

Reliance Jio Infocomm, India’s largest wireless operator, is nearing the filing of draft papers for its much-anticipated initial public offering (IPO), which is expected to be valued at around $4 billion, according to reports. The proposed listing, once launched, could rank among the biggest public issues in India’s stock market history. The filing may take place ahead of Reliance Industries Chairman Mukesh Ambani’s address at the company’s annual general meeting scheduled for June 19. Ambani had earlier indicated that Jio’s long-awaited public market debut is expected in the first half of 2026. If executed at the projected size, the IPO…

17 Jun

Tata Sons Chairman N Chandrasekaran Forgoes Pay Raise Amid Internal Group Pressures

anuprova EditorBusiness

In a notable move of corporate governance and leadership accountability, Tata Sons Executive Chairman N Chandrasekaran has declined a salary hike for the financial year 2025-26. The decision was conveyed during a recent meeting of the holding company’s Nomination and Remuneration Committee, which coincided with a broader board evaluation of the conglomerate's financial health. Chandrasekaran’s voluntary pay freeze comes at a sensitive time for the salt-to-software empire, as top stakeholders weigh mounting concerns regarding capital allocation and the uneven profitability of several aggressive, new-age ventures. While Tata Sons registered a healthy 24% revenue surge to ₹5.92 lakh crore in the…