Business - The Purbottar

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

editorBusiness, 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

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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…

28 May

Government proposes 36% stipend hike to boost apprenticeship training, eyes broader inclusion and sectoral expansion

Business BureauBusiness

To make apprenticeship programmes more attractive for youth, the Central Apprenticeship Council (CAC), chaired by Union Minister Jayant Chaudhary, has proposed a 36% hike in stipends under the National Apprenticeship Promotion Scheme (NAPS) and National Apprenticeship Training Scheme (NATS). The revised stipend range will move from ₹5,000–₹9,000 to ₹6,800–₹12,300, with biennial revisions based on CPI, subject to Cabinet approval. Held at VigyanBhawan, the 38th CAC meeting also emphasized inclusivity, proposing reserved training slots for persons with benchmark disabilities and measures to reduce dropout rates. The council backed apprenticeship-embedded education, sectoral expansion using NIC 2008 code, and digital training methods. For…

28 May

Guwahati fuels surge in energy fund inflows as Tata Resources & Energy AUM doubles

Business BureauBusiness

Riding on India’s clean energy transition and infrastructure growth, thematic mutual funds—especially those focused on energy—are witnessing heightened investor interest. Tata Resources & Energy Fund has seen its assets under management (AUM) soar to ₹1,048 crore as of March 31, 2025, marking a 100% year-on-year growth. Notably, inflows from Guwahati rose by 62% YoY to ₹3.12 crore, reflecting increasing enthusiasm among retail investors in Tier-2 cities for energy-driven investment themes. The city’s growing investor base is aligning portfolios with sectors like electrification, green hydrogen, and industrial upgrades, seeking exposure to India’s energy megatrends. “Energy is at the core of India’s…

28 May

IIT Guwahati, NE states advance disaster risk training in Japan under JICA project

Business BureauBusiness

Thirteen delegates from India’s North Eastern Region, including officials from State Disaster Management Authorities (SDMAs) and IIT Guwahati, participated in the second technical training under Japan International Cooperation Agency’s (JICA) project on disaster risk reduction (DRR) in Japan from May 12–23. The initiative is part of a three-year program (2024–2026) aimed at enhancing DRR and resilience capacities across the Northeast. The training, titled “Enhancing Disaster Risk Reduction and Resilience Building Capacities of North Eastern States of India,” focused on flood and landslide management. Participants visited key DRR infrastructure sites in Nagano, Kanagawa, Gunma, and Tochigi Prefectures, and learned about Japanese…

28 May

Guarseed futures prices upsurge on spot demand

editorBusiness, News

New Delhi, May 28: Guarseed prices rose by Rs 11 to Rs 5,133 per quintal in futures trade on Tuesday as speculators increased the size of their deals amid a firm trend in the spot market. Guarseed contract for June delivery rose by Rs 11, or 0.21 percent, to Rs 5,133 per quintal on the National Commodity and Derivatives Exchange, with open interest trading in 52,065 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, firm trend in the spot market and lower supplies from producing regions.

27 May

Insolation Energy profit upgrade 61% to Rs 65 crore

editorBusiness, News

New Delhi, May 26 Insolation Energy on Monday reported that its net profit rose 60.89 percent to Rs 65 crore in the October-March period of FY25, as against Rs 65 crore in the same period a year ago.It had posted a net profit of Rs 40.4 crore in the six-month period of the previous fiscal 2023-24, the company said in an exchange filing.Revenue from operations grew 57.3 percent to Rs 721.7 crore from Rs 458.8 crore in the period under review.Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan.The company currently operates two manufacturing units, and…