Business - The Purbottar

08 Mar

Empowering the Heartland: Women in Rural India Drive Skilling Revolution

Business BureauBusiness

A silent revolution is taking place in hinterlands as the narrative around women’s workforce participation has now shifted to states from metro cities. A steady transformation is underway in many states, including Uttar Pradesh, Bihar, West Bengal, Assam, Jammu and Kashmir (UT), and Rajasthan, taking advantage of skilling initiatives to break social barriers. Skill India Digital Hub (SIDH) has emerged as a key platform that is helping drive this change across the country. Under the leadership of Ved Mani Tiwari, NSDC (National Skill Development Corporation), India’s apex skilling institution, has been spearheading initiatives to make skilling more accessible to women…

07 Mar

Toyota Kirloskar Motor champions women’s empowerment in auto industry

Business BureauBusiness

Toyota Kirloskar Motor (TKM) is taking significant strides toward gender diversity in the Indian automobile sector, aiming for 30% female workforce representation by 2030. The company’s commitment to skilling and upskilling women in manufacturing, engineering, and leadership roles highlights its vision of fostering an inclusive workplace. Commenting on the occasion, G Shankara, Executive Vice President for Finance and Administration at Toyota Kirloskar Motor, said, “At Toyota Kirloskar Motor, we believe that diversity is not just a metric but a catalyst for innovation and progress. Our commitment to fostering an inclusive workplace goes beyond policies—it is about creating an environment where…

07 Mar

Bandhan Mutual Fund launches short-term Debt Index Fund

Business BureauBusiness

Bandhan Mutual Fund has introduced the Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, an open-ended Constant Maturity index fund designed for short-term fixed-income investments. The fund focuses on AAA-rated Certificates of Deposit (CDs), Commercial Papers (CPs), and Corporate Bonds issued by top banks, NBFCs, and financial institutions. With a systematic roll-down strategy from six months to three months, the fund seeks to offer short-term yield benefits while maintaining liquidity and reducing interest rate risks. The New Fund Offer (NFO) opens on March 6 and closes on March 11. Investors can subscribe through mutual fund distributors, advisors, online platforms,…

07 Mar

Castrol India shares surge 12% amid talks of Saudi Aramco bidding for BP’s lubricants assets

editorBusiness, News

Castrol India shares on March 6 recorded their biggest single-day rise in eight months amid talks of Saudi Aramco considering a possible offer for lubricants assets being sold by BP Plc.The world's largest energy company is studying whether to bid for part or all of the business that operates under the Castrol brand name, Bloomberg reported on March 5, citing sources.Aramco may consider combining the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal scheduled to be completed in 2023, the report said. Aramco is particularly interested in Castrol's operations in fast-growing markets such…

07 Mar

Godrej Consumer Products celebrates women and allies across global markets

Business BureauBusiness

Godrej Consumer Products Limited (GCPL) has launched a global initiative, ‘WomenAlly: Allies in Action,’ to mark International Women’s Day 2025. Spanning Asia, Africa, and Latin America, the month-long program honors individuals advocating for gender inclusion and workplace equity. GCPL has outlined four key platforms for reinforcing gender inclusivity, including a docu-film on women in sales, manufacturing site discussions on allyship, and the ‘WomenAlly’ event at Godrej One in Mumbai. Additionally, the company will engage in a Family Outreach Initiative to recognize women’s contributions to sales, a traditionally male-dominated domain. The event will also set the roadmap for GCPL’s flagship programs—Godrej…

06 Mar

Nothing launches Phone (3a) and Phone (3a) Pro in India with advanced features

Business BureauBusiness

UK-based tech brand Nothing has officially launched its mid-range Phone (3a) series in India, introducing the Phone (3a) and Phone (3a) Pro with upgraded cameras, a refined design, and enhanced performance. The new lineup builds upon the success of Phone (2a) and is set to hit the market starting March 11. Both devices feature a sophisticated glass-back design, an IP64 rating for better durability, and a brighter 6.77-inch Full HD+ display with a peak brightness of 3,000 nits. The Phone (3a) series introduces Nothing’s most advanced camera setup, with a 50MP main sensor, optical zoom, and AI-enhanced ultra-zoom capabilities. The…

06 Mar

Oriflame expands Wellosophy with new skincare line for inside-out wellbeing

Business BureauBusiness

Swedish holistic wellbeing brand Oriflame has launched the Wellosophy Skincare range, an innovative extension of its Wellosophy collection, aiming to redefine beauty through an inside-out approach. The new line integrates with Oriflame’s established nutritional supplements to promote overall health and skin vitality. With stress impacting 9 in 10 women globally, resulting in skin issues like collagen breakdown and dehydration, Wellosophy’s skincare range harnesses the power of eight adaptogenic ingredients, including Ashwagandha from India and Siberian Ginseng, to counteract oxidative stress and restore skin balance. The seven-piece collection, which includes cleansers, serums, and a sleep elixir, combines botanical adaptogens with aromatherapy…

06 Mar

MSDE conducts Rashtriya Karmayogi Seva-Bhav training to strengthen governance

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) conducted a training session under the Rashtriya Karmayogi Seva-Bhav Program of the Capacity Building Commission (CBC) on Tuesday, reinforcing the government’s commitment to transforming public service through Mission Karmayogi. The initiative aims to enhance governance by instilling accountability, collaboration, and a people-first mindset among officials. MSDE Secretary Atul Kumar Tiwari emphasized the broader impact of skilling beyond individuals and said, “Skilling is not just about individuals - it's about empowering institutions, strengthening governance, and ensuring that every decision we take aligns with the larger goal of national development. This session reaffirmed our…

06 Mar

Luxury housing prices jump in Delhi, Mumbai, Bengaluru – Knight Frank

editorBusiness, News

New Delhi, March 5 Delhi has jumped to 18th spot among 100 cities globally in terms of annual price growth in the luxury housing segment last year, according to Knight Frank. Global property consultant Knight Frank's 'The Wealth Report 2025' showed that the Prime International Residential Index (PIRI 100) value is projected to rise 3.6 per cent in 2024. Of the 100 luxury residential markets tracked, 80 recorded positive or flat annual price growth. Among Indian cities, Delhi is ranked 18th, a significant jump due to a 6.7 per cent year-on-year (YoY) rise in luxury residential prices. Mumbai is ranked…

05 Mar

Silver futures surge: Prices jump by Rs 859 per kg

editorBusiness, News

New Delhi, March 5 Silver prices rose by Rs 859 to Rs 97,115 per kg on Wednesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for March delivery rose by Rs 859, or 0.89 per cent, to Rs 97,115 per kg in a business turnover of 19,331 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.62 per cent higher at $32.17 per ounce in New York.