Business - The Purbottar

03 Mar

NSDC to establish Centre for Future Skills at CCSU, Meerut

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The National Skill Development Corporation (NSDC) is setting up a Centre of Future Skills at Chaudhary Charan Singh University (CCSU), Meerut, under the NSDC Academy. This initiative aims to train youth in Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Healthcare/Paramedical, and Language courses, equipping them with skills for emerging industries. Two Memorandum of Understanding (MoUs) were signed on Saturday in the presence of Union Minister of State (I/C) for Skill Development and Entrepreneurship, JayantChaudhary, and CCSU Vice Chancellor Prof. Sangeeta Shukla. The agreements focus on integrating skill-based learning with mainstream education and empowering 600 women from Self-Help…

03 Mar

MoS Pabitra Margherita engages with Indian diaspora in Brazil, begins Latin America tour

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Minister of State for External Affairs and Textiles, Pabitra Margherita, has commenced his official visit to Latin America, starting in São Paulo, Brazil. His multi-nation tour will also include Uruguay, the Bahamas, Barbados, and Nicaragua, focusing on strengthening diplomatic and economic ties. In São Paulo, the Minister interacted with the Indian diaspora, acknowledging their contribution to enhancing India-Brazil relations. Sharing his experience on social media platform X, he said, “Delighted to interact with the Indian community in São Paulo. Their efforts in fostering stronger ties between India and Brazil and expanding India's presence in Latin America are commendable.” The visit…

03 Mar

Hulladek Recycling expands E-waste management in Gangtok

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Hulladek Recycling Pvt Ltd, in collaboration with the State Pollution Control Board, Sikkim, has introduced comprehensive e-waste management services in Gangtok. The initiative, marked by a high-profile summit at the Forest Secretariat, brought together key stakeholders to strategize sustainable waste disposal solutions. The event featured a Capacity Building Programme for e-waste producers, recyclers, and bulk consumers, in association with Godrej. Eminent dignitaries, including Dr. Pradeep Kumar, IFS, Secretary-cum-PCCF, Forest & Environment Department, Government of Sikkim, and Shri. Nandan Mall, Chairman & MD, Hulladek Recycling, emphasized the urgent need for effective e-waste disposal mechanisms. Shri N. W. Tamang, Member Secretary, State…

03 Mar

Star Health expands home health care services to 100 locations, strengthens presence in Guwahati

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Star Health and Allied Insurance Company Limited (Star Health Insurance), India’s largest retail health insurer, has expanded its Home Health Care (HHC) services to 100 locations across the country, making it the largest provider of such services in India. The initiative, launched in July 2023, now covers over 85% of Star Health’s customer base, offering cashless, doorstep medical care within three hours. According to Anand Roy, MD & CEO of Star Health Insurance, the program is designed to improve accessibility, availability, and affordability of healthcare. “At Star Health, we believe health insurance is a bridge to accessible and affordable healthcare.…

03 Mar

Mahindra sales upgrade 15% in February

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Mahindra & Mahindra on Saturday said its total sales in February rose 15 per cent year-on-year to 83,702 units.The automaker had sold 72,923 units in February last year.In the utility vehicle segment, the company said it sold 50,420 vehicles in the domestic market, a growth of 19 per cent as compared to 42,401 units in February last year.Exports grew to 3,061 units last month, up 99 per cent from 1,539 units in February 2024. "This strong performance is a result of the continued positive momentum for our SUV portfolio," Mahindra & Mahindra (M&M) Automotive Division President Veejay Nakra said in…

01 Mar

Sanskriti University hosts grand ‘Sanskriti Sports Fiesta 25’ with over 1,300 athletes

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Sanskriti University, Mathura, has launched its highly anticipated annual sports festival, ‘Sanskriti Sports Fiesta 25’, with a grand opening ceremony featuring Indian wrestling champion BabitaPhogat and former cricketer MadanLal. The event, which began with much enthusiasm, will run until March 1, 2025, showcasing 28 sports disciplines across 40 competitive matches. With 1,312 athletes participating, the sports extravaganza includes cricket, football, javelin throw, shot put, badminton, chess, table tennis, and various race events. Divided into four groups, participants will compete for the championship, demonstrating teamwork, discipline, and competitive spirit. Cricket and football matches are expected to be major crowd-pullers. The presence…

01 Mar

India’s pension AUM projected to reach ₹118 trillion by 2030: DSP Pension Fund Managers

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India’s pension assets under management (AUM) are set to witness exponential growth, reaching an estimated ₹118 trillion by 2030, according to DSP Pension Fund Managers. The National Pension System (NPS) is expected to account for about 25% of this total, driven by demographic shifts and evolving retirement trends. India's elderly population is projected to grow 2.5 times by 2050, with post-retirement life expectancy averaging 20 years. Despite this, pension penetration remains low at just 3% of the GDP. The widening retirement savings gap, expected to grow at 10% annually, could reach $96 trillion by 2050. However, Indian investors are increasingly…

01 Mar

Varda Goenka Fine Jewels unveils ‘The Patiala Jewels’ & ‘Jodhpur Jadau’ in grand showcase

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Varda Goenka Fine Jewels by Diagold unveiled its latest collections, The Patiala Jewels and Jodhpur Jadau, in a grand fashion event on February 28 at The Dockyard Company, on the banks of the River Ganges. The showcase celebrated India's regal heritage through exquisite craftsmanship and artistic storytelling. The event featured three tableaus depicting India’s royal traditions. The first tableau honored Bengali Zamindars, with models in traditional attire presenting intricate jewelry through dance performances. The second tableau blended elegance and movement against a clock tower backdrop. The final tableau captured the grandeur of Rajgharanas, with models adorned in luxurious ensembles. The…

01 Mar

Vodafone Idea gets GST demand order; stock downgrade over 3%, check full details

editorBusiness, News

Telecom operator Vodafone Idea (VIL) on Friday, February 28, said it has received a ₹16.73 crore Goods and Services Tax (GST) demand order from the Deputy Commissioner, Large Taxpayer Unit, West Bengal. The telco asserted it does not agree with the order and will take appropriate action for filing an appeal against the same. In a BSE filing on details of the order received by the company under the Central Goods and Services Tax Act, 2017, Vodafone Idea informed that the order was received on February 27, 2025. “Order passed under Section 73 of the Central Goods and Services Tax…

28 Feb

Bajaj Allianz Life becomes first insurer to launch Bima-ASBA facility

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Bajaj Allianz Life has become the first insurer in India to go live with the Bima-Application Supported by Blocked Amount (Bima-ASBA) facility, aligning with the Insurance Regulatory and Development Authority of India’s (IRDAI) initiative to simplify premium payments and enhance policyholder convenience. Bima-ASBA allows customers to block a specified premium amount (up to ₹2 lakh) in their bank accounts via UPI’s One-Time Mandate (OTM). The funds remain in the customer’s account, earning interest, until the insurance company completes the underwriting process. If the policy is issued, the blocked amount is debited; otherwise, the funds are released within 14 days. Bajaj…