Business - The Purbottar

04 Apr

Tieedi and Tetra Pak launch initiative to empower waste workers, boost recycling in Darjeeling

Business BureauBusiness

Households and businesses in the Darjeeling district now have a structured way to recycle their used beverage cartons, thanks to a partnership between Tieedi Permaculture Foundation and Tetra Pak. The initiative aims to formalize waste workers, provide them with training and healthcare support, and ensure responsible recycling of aseptic beverage cartons. Tieedi, an environmental organization focused on zero-waste solutions, has teamed up with Tetra Pak, a global leader in food packaging, to establish a decentralized collection and recycling system. Used cartons will be collected through a network of waste workers and community volunteers before being sent to KhatemaFibres in Uttarakhand…

04 Apr

Bank of Baroda shares jump, global turnover rises over 11% to ₹27 lakh crore in March quarter

editorBusiness, News

Bank of Baroda updated its March quarter turnover for the 2024-25 financial year (Q4FY25) on Thursday, April 3. The public sector bank's global turnover rose 11.44% to ₹27.03 lakh crore as of March 31, 2025, from ₹24.25 lakh crore in the same period a year ago. Bank of Baroda shares jumped 3.02% to hit an intra-day high of ₹238.50 per share on the National Stock Exchange (NSE) on Thursday. Its global advances stood at ₹12.31 lakh crore, a 12.88% year-on-year rise from ₹11.73 lakh crore in Q4FY24. Meanwhile, its domestic advances grew 13.70% to ₹12.31 lakh crore from ₹8.98 lakh…

03 Apr

Women in Sandwich Generation must take proactive steps to take charge of their financial planning

Business BureauBusiness

Women in Sandwich Generation must take proactive steps to take charge of their financial planning including improving their financial know-how, said Edelweiss Life’s Chief Distribution Officer Anup Seth. The company recently released a study which shows 50% women in this generation cite lack of understanding of various financial instruments as a challenge to wealth creation. Sandwich Generation are individuals between ages 35 and 54 years, providing for 2 generations – ageing parents and growing children. The study, conducted in collaboration with YouGov, also shows that more than half the women in this generation feel they are behind on meeting their…

03 Apr

Good health isn’t just about living longer; it’s about living a healthy and better life

Business BureauBusiness

World Health Day, observed on April 7, is a reminder that good health isn’t just about living longer—it’s about living a healthy and better life. One of the most important factors is nutrition because a balanced diet plays a key role in overall health. A simple yet effective step is incorporating nutrient-rich foods like almonds into daily meals. California Almonds, India’s most popular almonds, are a natural source of 15 essential nutrients, including protein, dietary fiber, healthy fats, magnesium, zinc, and vitamin E, making them a smart addition to a healthy lifestyle.Ritika Samaddar, Regional Head – Dietetics, Max Healthcare, New…

03 Apr

Halder Venture Limited expands with acquisition of KS Oil’s Haldia unit

Business BureauBusiness

Halder Venture Limited (HVL) has acquired KS Oil Ltd’s manufacturing unit in Haldia, significantly boosting its refining capacity and market reach. The move, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, and finalized with physical possession on March 28, 2025, is expected to drive annual revenue growth of over ₹1,500 crore. The Haldia unit includes a 500 TPD (tonnes per day) edible oil refining facility, a state-of-the-art packaging unit, and 33,000 MT storage tanks. This acquisition expands HVL’s refining capacity five-fold and provides direct port access, allowing efficient sourcing of imported crude edible oil. The…

03 Apr

Kalyan Jewellers shares surge 13%, gain touches 26% in 3 weeks

editorBusiness, News

Kalyan Jewellers share price rallied over 13 percent in heavy trading on Wednesday, extending gains to 26 percent in the last three weeks. Fresh buying was also witnessed as gold hit a new all-time high, touching close to Rs 91,000 per 10 gram. Shares of Kalyan Jewellers India rallied 13.18 percent to hit a high of Rs 518.4 per share on the NSE. The stock pared some of its gains and closed at Rs 512.8 per share, up 11.95 per cent. The stock has rebounded after three consecutive days of decline. A total of 3.8 crore shares of Kalyan Jewellers…

02 Apr

Blenders Pride Fashion Tour ends with a bold “play en-vogue” finale in Guwahati

Business BureauBusiness

The Blenders Pride Fashion Tour concluded its latest edition with an unforgettable showcase in Guwahati, redefining the concept of AT-LEISURE through its innovative "Play En-Vogue" theme. Held at the scenic Greenwood Resort, the event brought together visionary designers, bold music performances, and iconic showstoppers, marking a milestone in India’s fashion landscape. Designers Nitin Bal Chauhan, Abhishek Patni of NoughtOne, and Pawan Sachdeva presented experimental collections that merged high fashion with everyday comfort. From NoughtOne’s ‘Racer 01’ collection blending streetwear with rock chic to Chauhan’s ‘CHAMUNDA,’ inspired by medieval armor, and Sachdeva’s ‘The Dis-Aligned’ collection disrupting traditional fashion, the event showcased…

02 Apr

IFFCO hails Tribhuvan Sahkari University Bill as a game-changer for cooperatives

Business BureauBusiness

The Indian Farmers Fertiliser Cooperative (IFFCO) has welcomed the approval of the Tribhuvan Sahkari University Bill, 2025, calling it a landmark move to strengthen the rural economy and cooperative sector. The bill, passed in the LokSabha on March 26, marks the establishment of India’s first cooperative university, aiming to enhance self-employment, entrepreneurship, and professional development in the sector. Union Minister of Cooperation and Home Affairs Amit Shah, while announcing the bill, stated that it would set new benchmarks in innovation, research, and cooperative leadership. He emphasized that the initiative aligns with the government's mission of ‘Sahkar se Samriddhi’ (Prosperity through…

02 Apr

GST collections rise 9.9 percent to Rs 1.96 lakh crore in March

editorBusiness, News

New Delhi: India's goods and services tax collections rose 9.9 percent to Rs 1.96 lakh crore in March this year compared to the same month last year, reflecting higher levels of economic activity and better compliance. Sequentially, GST collections were 6.8 percent higher than the Rs 1.84 lakh crore revenue recorded in February this year. The gross GST revenue in March comprised Rs 38,100 crore from central GST, Rs 49,900 crore from state GST, Rs 95,900 crore from integrated GST and Rs 12,300 crore from compensation cess. In comparison, central GST collections in February stood at Rs 35,204 crore, state…

01 Apr

Bajaj Auto shares jump 2%, KTM stake hiked by ₹461.6 crore investment

editorBusiness, News

Bajaj Auto shares have rallied over 2%, hitting an intraday high of ₹8,039.65, as the market took note of the company's investment in Pierer Bajaj AG (PBAG), the parent company of Austrian motorcycle company KTM. Overall, the launch reflects Bajaj Auto's desire to strengthen its position in the premium motorcycle market. Strategic Investment DetailsBajaj Auto International Holdings BV (BAIH BV), the 100% owned arm of Bajaj Auto, has become an investor in PBAG through a convertible bond of 50 million euros (about ₹461.6 crore). The 500 bonds subscribed by Bajaj Auto International Holdings BV (BAIH BV), each with a nominal…