Business - The Purbottar

15 Sep

Struggling With Credit Card Dues? Here Is Why Turning Your Bill Into EMIs Can Backfire

sunny EditorBusiness

Using a credit card responsibly means understanding that the convenience of 45 to 50 days of interest-free spending can vanish the moment a major billing cycle cannot be cleared in full. When a user racks up expenses totaling Rs 1,00,000 and hesitates to clear the balance at once, turning to credit card EMIs often seems like the most seamless exit strategy. Beneath the convenience of smaller monthly installments, lenders bake in steep interest rates ranging from 12% to 24% or higher. Financial literacy advocates stress the importance of evaluating key elements beforehand, such as reviewing the precise EMI interest rate,…

15 Sep

Pranati Nayak named India’s lone gymnast for Asian Games 2026

Business BureauBusiness

Olympian Pranati Nayak has been selected as India’s only gymnast for the 20th Asian Games 2026, scheduled to be held in Aichi-Nagoya, Japan, from September 19 to October 4. Nayak, who trains at the Odisha AM/NS India Gymnastics High Performance Centre in Bhubaneswar, will compete in the Women’s Vault and Women’s All-Around events in Artistic Gymnastics. Her selection comes after a strong 2026 season, including a silver medal in Women’s Vault at the FIG World Challenge Cup in Tashkent, Uzbekistan, and gold at the 54th All India Railway Gymnastics Championship. She also represented India at the Commonwealth Games in Glasgow.…

15 Sep

NSE announces Rs 1,700-1,785 price band for IPO opening on September 17

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National Stock Exchange of India Limited (NSE) has announced the price band for its initial public offering (IPO) at Rs 1,700 to Rs 1,785 per equity share of face value Rs 1 each. The IPO will open for subscription on September 17, 2026 and close on September 21, with anchor investor bidding scheduled for September 16. The minimum bid lot has been fixed at eight equity shares and in multiples of eight thereafter. The IPO comprises an offer for sale of up to 126,436,650 equity shares by existing corporate shareholders, including State Bank of India, Canada Pension Plan Investment Board,…

15 Sep

Rajiv Aggarwal Steps Down as Samsung India’s Public Affairs and ESG Head

nanika EditorBusiness

Samsung India’s head of public affairs and ESG, Rajiv Aggarwal, has resigned after nearly four years with the South Korean technology giant, according to two sources familiar with the matter. Aggarwal, 57, is serving his final week at Samsung India after overseeing the company’s engagement with the Indian government and its public policy matters. The reason for his resignation remains unclear. A former Indian bureaucrat, Aggarwal has previously held senior roles at companies including Uber and Meta. He declined to comment on his departure, while Samsung Electronics did not respond to requests for comment. His exit comes at a time…

15 Sep

Cotton University teams shine as NISM-SEBI financial literacy quiz concludes in Guwahati

Business BureauBusiness

The North-Eastern Regional Round of the National Financial Literacy Quiz (NFLQ) 2026, organised by the National Institute of Securities Markets (NISM) in collaboration with the Securities and Exchange Board of India (SEBI), concluded at Cotton University, Guwahati, on September 13. The two-day event, held on September 12 and 13, brought together undergraduate and postgraduate students from Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. The fifth regional round of NFLQ 2026 tested participants on financial markets, investment principles, investor protection and responsible financial practices. In the undergraduate category, Cotton University’s Department of Arts team comprising Aniruddha Rudra and Mohixit…

15 Sep

Croma expands Apple portfolio with iPhone 18 Pro pre-bookings and major iPhone 17 Pro offers

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Croma, the Tata Group’s omni-channel electronics retailer, has announced the opening of pre-bookings for Apple’s latest iPhone 18 Pro and iPhone 18 Pro Max, alongside exclusive offers on the iPhone 17 Pro and iPhone 17 Pro Max. The new Pro models are available for pre-booking across more than 560 Croma stores in over 200 cities. Customers can also pre-book through croma.com, the Tata Neu app and BigBasket. Store pre-bookings require a payment of ₹5,000, while online bookings require full payment. Customers can avail an exclusive exchange bonus of up to ₹12,000. The iPhone 18 Pro lineup incorporates Apple’s A20 Pro…

15 Sep

NESCAFÉ teams up with Spotify to turn young India’s hustle into a musical anthem

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NESCAFÉ has partnered with Spotify to launch its new “Hustle Anthem”, a rap track positioned as a soundtrack to the energy, ambition and individuality of young India. The initiative brings together different expressions of the “hustle”, including late-night study sessions, creative pursuits, coding, music, art, entrepreneurship and group study. NESCAFÉ said the campaign is aimed at strengthening its long-standing connection with youth by taking its brand presence deeper into music and contemporary youth culture. The launch was led by an immersive brand experience involving creators and cultural trendsetters, with the initiative designed to encourage participation and conversation among young audiences.…

14 Sep

Redmi 17 5G goes on sale with massive 7,900mAh battery, starts at ₹23,999

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Xiaomi India has announced the sale of its new Redmi 17 5G smartphone, positioning the device around long battery life, 5G connectivity and an enhanced entertainment experience. The smartphone is powered by the Snapdragon 4 Gen 5 Mobile Platform and features a 17.53cm (6.9-inch) HD+ display with up to 120Hz AdaptiveSync and up to 825 nits HBM brightness. The key highlight of the Redmi 17 5G is its 7,900mAh battery, supported by 45W fast charging and up to 22.5W wired reverse charging. The device runs on Xiaomi HyperOS 3 and comes with dual stereo speakers, Corning Gorilla Glass 7i protection…

14 Sep

Info Edge Reshuffles Leadership with New CFO and Independent Director

nanika EditorBusiness

Info Edge (India) Ltd has announced significant changes to its senior leadership and board, appointing Himanshu Agarwal as Chief Financial Officer (CFO) and Whole-time Director, effective September 17, 2026. The appointment comes as Ambarish Raghuvanshi, who took over as Interim CFO in November 2025, prepares to transition to the role of Finance Advisor and Senior Management Personnel. Raghuvanshi will continue in these positions until October 31, 2026, to support a smooth transition. The company has also appointed Naresh Chand Gupta, former Managing Director of Adobe Systems India, as an Additional Director and Non-Executive Independent Director for a five-year term beginning…

14 Sep

Antaran Exhibit brings 12 artisan entrepreneurs to Kolkata ahead of Pujo

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The Antaran Exhibit, an initiative of the Tata Trusts, has brought together 12 artisan entrepreneurs from seven clusters across India in Kolkata, offering shoppers, designers and retailers an opportunity to explore handcrafted textiles ahead of the festive season. The three-day exhibition, being held from September 11 to 13 at Vicky Gardens in Hindustan Park, Gariahat, from 11 am to 8 pm, showcases cotton and silk sarees, ikats, hand-painted textiles and traditional loom weaves representing diverse craft traditions. The exhibit features Jala and Jamdani weaves and Kalamkari from Andhra Pradesh, Ikat and Tussar silk from Odisha, and handspun Eri, Muga and…