Business - The Purbottar

10 Nov

Bandhan Mutual Fund launches healthcare-focused equity scheme to tap India’s growth potential

Business BureauBusiness

Bandhan Mutual Fund has launched the Bandhan Healthcare Fund, an open-ended equity scheme aimed at capitalizing on India’s rapidly expanding healthcare sector. The New Fund Offer (NFO) opens on November 10 and closes on November 24, 2025. The fund will invest across hospitals and diagnostics, pharmaceuticals, biotechnology, wellness, health-tech, and allied services. Vishal Kapoor, CEO of Bandhan AMC, said, “Healthcare is one of the most enduring growth themes. As India’s population ages and medical innovation accelerates, healthcare spending is set to grow significantly. The Bandhan Healthcare Fund offers investors a disciplined and diversified way to participate in this structural transformation.”…

10 Nov

Turkish Airlines posts $1.1 billion Q3 profit amid global growth, eyes 2033 targets

Business BureauBusiness

Turkish Airlines reported a profit of $1.1 billion from main operations in the third quarter of 2025, continuing its steady growth trajectory aligned with its 2033 strategic targets. Total revenues rose 4.9% year-on-year to approximately $7 billion, with passenger revenues up 6.1% amid strong demand. For the January–September period, total revenues exceeded $17.8 billion, while profit from main operations reached $1.7 billion. The airline carried a record 27.2 million passengers during the quarter, marking the highest third-quarter figure in its history and pushing capacity 43% above pre-pandemic levels. Despite softening yields and cost pressures, Turkish Airlines maintained an EBITDAR margin…

10 Nov

India Research Tour 2025 reaches Guwahati, boosts research and inclusivity in Northeast

Business BureauBusiness

The India Research Tour 2025, a flagship research outreach initiative by Springer Nature in collaboration with the Ministry of Education, made a significant stop in Guwahati, engaging with researchers, academicians, and students at the Indian Institute of Technology (IIT) Guwahati and the OKD Institute of Social Change and Development (OKDISCD). The initiative aims to strengthen research capacity, inclusivity, and innovation across India, with a special focus on the underrepresented Northeast region. Covering 29 institutions across 15 cities in seven states from 6 October to 13 November, the tour seeks to advance Open Access and Open Science, promote research integrity, encourage…

08 Nov

Kalyan Jewellers Q2 Results

Purbalee DuttaBusiness

Kalyan Jewellers India, one of the country’s leading jewellery retailers, announced its financial results for the September 2025 quarter on November 7 after market hours. The company posted a net profit of ₹260 crore, reflecting a 99% year-on-year surge from ₹130.3 crore in the same quarter last year. However, profit was marginally lower than the ₹264 crore recorded in Q1 FY26. Revenue from operations rose 30% year-on-year to ₹7,856 crore from ₹6,057 crore, and 8% sequentially, supported by a strong same-store sales growth (SSSG) of 16%. In its exchange filing, Kalyan Jewellers highlighted robust growth in both footfalls and revenue…

08 Nov

Rozgar Mela 2.0 is a platform where talent meets opportunities

Business BureauBusiness

Rozgar Mela 2.0 has been organized by the Darjeeling Welfare Society under the visionary leadership of its President, Shri Harsh Vardhan Shringla, Member of Parliament (Rajya Sabha). The two-day event will be held at Salesian College, Siliguri, on 15th and 16th November, 2025. After the remarkable success of Rozgar Mela 1.0 in 2023, the Darjeeling Welfare Society is bringing back this initiative on a much larger scale. 60+ well-known local and multinational companies will take part, offering 10,000+ job opportunities to the youth of the region. This is set to be one of the biggest job fairs the region has…

08 Nov

Capital Aeyes Bahrain as Middle East hub to fuel global expansion

Business BureauBusiness

Capital A Berhad (“Capital A”) has signed a Letter of Intent (LOI) with the Kingdom of Bahrain’s Ministry of Transportation and Telecommunications to explore establishing Bahrain as its Middle East hub, marking a strategic move to strengthen connectivity between Asean and one of the world’s fastest-growing aviation regions. The partnership will cover airline operations, cargo and logistics, maintenance capabilities, and talent development, reflecting Capital A’s ambition to scale its global footprint. Tony Fernandes, CEO of Capital A, described the initiative as a “game-changer,” highlighting plans to operate over 25 daily flights between Bahrain and Asean megahubs by 2030, carrying more…

08 Nov

Godrej Agrovetposts strong H1 FY26 growth, led by animal feed and vegetable oils

Business BureauBusiness

Godrej Agrovet Limited (GAVL) reported robust volume-led growth across most business segments in its financial results for the second quarter and half-year ended September 30, 2025. According to Managing Director Sunil Kataria, the company saw strong margin improvements despite softness in the standalone Crop Protection segment. T he Animal Feed business delivered record quarterly volumes, with cattle feed up 18% year-on-year, while Vegetable Oils posted stellar revenue and margin growth, aided by higher crude palm oil and palm kernel oil realizations and the highest-ever Oil Extraction Ratio (OER). The Dairy business continued its upward trajectory, with value-added products contributing 36%…

08 Nov

GHV Infra posts 128% revenue surge, 138% profit jump in Q2 FY2025–26

Business BureauBusiness

GHV Infra Projects Limited (BSE: 505504) has reported stellar financial results for the quarter ended September 30, 2025, marking a sharp rise in both revenue and profitability. The infrastructure major recorded a 128% surge in revenue from operations, reaching ₹18,376.60 lakh in Q2 FY26, compared to ₹8,046.00 lakh in Q1 FY26. Profit Before Tax rose 151% to ₹1,584.73 lakh, while Profit After Tax (PAT) soared 138% to ₹1,122.20 lakh. The company also issued bonus shares in a 3:2 ratio, undertook a subdivision of equity shares, and made preferential allotments to both promoter and non-promoter groups. GHV Infra expanded globally by…

08 Nov

ABD reports strong Q2FY26 performance; premium push and new PET unit drive growth

Business BureauBusiness

Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits maker by volume, reported strong financial results for Q2FY26, driven by accelerated premiumization and improved operational efficiency. The company posted a profit after tax of ₹63 crore, up 32.3% year-on-year, while income from operations rose 14.4% to ₹995 crore. EBITDA stood at ₹130 crore, marking a 23.6% increase year-on-year, with margins improving to 13.1%. This marks ABD’s fifth consecutive profitable quarter post-listing. Prestige & Above brands continued to gain traction, with volume reaching 9 million cases, up 8.4% YoY, and the segment now contributing over 47% of total volumes. The…

07 Nov

Gold prices today!

Purbalee DuttaBusiness

Gold prices gained during early trade on November 7, supported by a weaker US dollar and firm global trends, making the precious metal more appealing to investors. Around 9:45 am, MCX Gold December futures rose 0.2% to ₹1,20,850 per 10 grams, while MCX Silver December contracts jumped 0.75% to ₹1,48,175 per kg. According to India Bullion data, 24-carat gold was priced at ₹1,21,260 per 10 grams and 22-carat at ₹1,11,155 per 10 grams, while silver stood at ₹1,48,670 per kg. Over the past two decades, gold prices have surged nearly 1,200%, climbing from ₹7,638 in 2005 to over ₹1,25,000 in…