Business - The Purbottar

05 May

Nissan drives record FY25 sales with Magnite surge, reinforces commitment to India

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Nissan Motor India has achieved its highest consolidated annual sales in seven years, clocking over 99,000 units in FY2024-25, propelled by the strong performance of the New Nissan Magnite. This marks a 35% year-on-year growth, with domestic sales at over 28,000 units and exports hitting a historic high of over 71,000 units under the company’s ‘One Car, One World’ strategy. The New Nissan Magnite, launched in October 2024, played a central role in this success, gaining momentum in both domestic and international markets. Nissan expanded its export footprint from 20 to over 65 countries, including left-hand-drive (LHD) markets like Saudi…

05 May

Sennheiser launches unbeatable summer sale with discounts up to 58% on premium audio gear

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Sennheiser is heating up this summer with incredible discounts on their premium audio products during the Amazon Summer Sale 2025, beginning May 1. Customers can enjoy savings of up to 58% on top-rated audio gear, including headphones, microphones, and more, making this an unmissable event for audio enthusiasts. Popular products featured in the sale include the Sennheiser Profile Streaming Set USB Microphone, perfect for podcasters and streamers, and the acclaimed MOMENTUM 4 (Copper) headphones, offering adaptive noise cancellation and 60 hours of battery life. Also up for grabs are the HD-25 Plus headphones, beloved by audio professionals, and the highly…

05 May

Indian Bank’s fourth quarter profit rises 32 percent to Rs 2,956 crore

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New Delhi, State-owned Indian Bank on Saturday reported that its net profit for the March 2024-25 quarter rose 32 percent to Rs 2,956 crore, led by reduction in bad loans and rise in core income.The Chennai-based lender had reported a net profit of Rs 2,247 crore in the same period a year ago.During the quarter, the bank's total income rose to Rs 18,599 crore from Rs 16,887 crore a year ago, Indian Bank said in a regulatory filing.Interest income rose to Rs 15,856 crore from Rs 14,624 crore in the fourth quarter of the previous fiscal. Net interest income (NII)…

03 May

DSP Mutual Fund launches Silver ETF Fund of fund for convenient investment in silver

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DSP Mutual Fund has launched the DSP Silver ETF Fund of Fund, a new open-ended scheme that allows investors to gain exposure to silver through a mutual fund structure. This Fund of Fund will primarily invest in DSP Silver ETF units, offering returns that mirror the performance of physical silver in domestic markets. The launch comes as silver continues to play a critical role in industries like electronics, automotive, and jewelry. With rising demand driven by the global shift towards renewable energy, silver's role in the production of solar panels, electric vehicles (EVs), and 5G networks is expected to grow.…

03 May

Strategic skilling partnership to boost Saudi Arabia’s workforce transformation

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In a significant step toward Saudi Arabia’s Vision 2030, NSDC International (NSDCI) and Takamol Holding have entered into a strategic partnership to implement the Skill Accelerator Program, a key initiative aimed at transforming the Kingdom's workforce. This program addresses the urgent need to align workforce skills with the evolving demands of industries across the country. The Skill Accelerator Program focuses on bridging sector-specific skill gaps by co-developing effective skilling strategies and innovative delivery models. Through this collaboration, NSDCI will provide expertise in workforce analytics, curriculum development, and global benchmarking, enhancing Saudi Arabia's human capital capabilities. This partnership strengthens India’s position…

03 May

After Kamiliant’s first-ever TVC campaign, it is back with an even more action-packed sequel!

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Kamiliant, a brand popular for its bold, durable, and stylish luggage, has revolutionized the world of travel bags since its establishment in 2014. Kamiliant perfectly blends strength with vibrant aesthetic, providing the ideal choice for modern-day travelers, who demand reliability without compromising on style. Designed to take on any journey, Kamiliant luggage is built and ready for anything – from a rugged expedition to an action-packed journey! After the successful debut of its first-ever TVC campaign, Kamiliant is back with an even more action-packed sequel! Featuring Bollywood’ action sensation Tiger Shroff and the versatile Nikita Dutta, the latest TVC is a spoof of widely accepted Indian period films,…

03 May

Godrej Consumer Products celebrates Labour Day with ‘Hands That Speak’ digital film promoting workforce inclusivity

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On International Labour Day, Godrej Consumer Products Ltd (GCPL) launched an inspiring digital film titled ‘Hands That Speak,’ highlighting the power of inclusivity within the workforce. The film, which focuses on employees with disabilities at GCPL’s Chengalpattu manufacturing facility in Tamil Nadu, showcases their incredible contributions through Indian Sign Language (ISL). The initiative emphasizes the company’s commitment to diversity, making a powerful statement about breaking barriers and fostering a truly inclusive environment. The film features employees with hearing and speech disabilities, narrating their stories without words but through the language of their hands. Against the backdrop of the factory floor,…

03 May

AirAsia launches auto visa check to streamline international travel

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AirAsia has launched its innovative Auto Visa Check (AVC) feature on the AirAsia MOVE app and airasia.com, significantly simplifying the check-in process for international travellers requiring visas or Electronic Travel Authorisation (ETA). With the new feature, passengers can now verify their visa online in real time during check-in, from 14 days up to one hour before their flight's departure, eliminating the need for manual verification at airport counters. By scanning a sticker visa or uploading an e-visa, eligible travellers receive an e-boarding pass immediately—streamlining the airport experience and reducing congestion. This feature is particularly beneficial for hand-carry-only travellers, who can…

03 May

Gold futures prices jump: Price rises to Rs 92,811 per 10 grams

editorBusiness, News

New Delhi, May 3: Gold prices on Friday rose by Rs 472 to Rs 92,811 per 10 grams in futures trade as speculators created fresh deals amid strong spot demand.Gold contracts for June delivery on the Multi Commodity Exchange rose by Rs 472, or 0.51 percent, to Rs 92,811 per 10 grams in a business turnover of 14,987 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York rose 0.68 percent to $3,261.31 an ounce.

02 May

Ujjivan Small Finance Bank Q4 profit drops 75% to ₹83 crore, shares down 3%

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Ujjivan Small Finance Bank (SFB) on Wednesday reported that its net profit for the three months ended March 2025 fell 75% to ₹83.39 crore, due to higher provisions for bad loans.The bank had posted a net profit of ₹329.63 crore in the same period a year ago.Its total income rose to ₹1,843 crore in the January-March quarter of financial year 2024-25 (FY25) from ₹1,765 crore in the same period a year ago, Ujjivan Small Finance Bank said in a regulatory filing.Total provisions excluding tax rose to ₹264.50 crore in the quarter under review from ₹79 crore in the same quarter…