Business - The Purbottar

22 Feb

JSW Infrastructure shares increase 9% after Motilal Oswal picks it as top pick in ports sector

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Shares of JSW Infrastructure jumped 9 percent to Rs 260 on February 21 afternoon. It has gained for the second consecutive session after domestic brokerage firm Motilal Oswal picked the stock as a 'top pick' in the ports sector. The brokerage has set a target price of Rs 330, which implies a 39 percent upside potential from its last close price of Rs 238 on the National Stock Exchange. JSW Infrastructure shares have gained 11 percent this week. India's ports sector handles 95 percent of the country's export volume and 70 percent of its export value, with Motilal Oswal forecasting…

21 Feb

Škoda Auto India partners with Ranveer Singh to drive market expansion

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Škoda Auto India has announced Ranveer Singh as its first-ever “Brand Superstar,” aligning with its 25th-anniversary celebrations and strategy to deepen engagement in India’s growing automotive market. This move follows the launch of Škoda’s first sub-4-metre SUV, the Kylaq, aimed at expanding its presence across key Indian markets. Petr Janeba, Brand Director, Škoda Auto India, remarked, “As we celebrate 25 years in India, we are revamping our business strategy. Ranveer Singh’s vibrant energy mirrors Škoda’spassion, helping us strengthen our connection with customers.” Singh expressed excitement, noting, “Škoda’s innovative product lineup caters to India’s evolving automotive landscape, and I look forward…

21 Feb

Bajaj Allianz Life launches guaranteed pension goal II with industry-first 30-year deferment

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Bajaj Allianz Life Insurance has unveiled its new pension product, Bajaj Allianz Life Guaranteed Pension Goal II, featuring a first-of-its-kind 30-year deferment option. The non-linked, non-participating annuity plan allows individuals as young as 35 to begin retirement planning with customizable options and lifelong income security. Announcing the product, MD & CEO Tarun Chugh said, “With life expectancy rising and limited social security options in India, retirement planning is crucial. Our Guaranteed Pension Goal II provides flexibility and certainty, ensuring a steady income stream for life.” The plan offers multiple annuity options, customizable Return of Purchase Price (ROP), and exclusive benefits…

21 Feb

Managing diabetes to safeguard heart health: Experts share key insights

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The link between diabetes and heart health is crucial but often overlooked. Elevated blood sugar levels can damage blood vessels and nerves, raising the risk of heart complications. Experts are now emphasizing preventative measures to help individuals with diabetes protect their heart health. Dr. Nripen Das, Senior Internist & Consultant at Caremed Cardio-Diabetic Centre, Guwahati, highlighted the growing issue in India: “Many young people with diabetes are now reporting heart-related complications. Mismanaged diabetes can lead to high blood pressure, bad cholesterol, and triglycerides, increasing cardiovascular risks. Following a heart-healthy diet, exercising regularly, and using tools like continuous glucose monitoring (CGM)…

21 Feb

Bandhan Bank shares surge 5% after CLSA upgrades stock; see latest target price

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Bandhan Bank shares surged 5% in early trade on Friday after global brokerage firm CLSA upgraded the stock to ‘High-Concept Outperform’, estimating a massive upside potential of 61%.CLSA sets a price target of Rs 220 for the stock, supported largely by the lender’s outperformance compared to peers in the current MFI (Micro Finance Institution) cycle. The MFI sector has been grappling with persistent challenges and constraints over the last five-six months, resulting in a significant deterioration in asset quality.Going forward, CLSA believes that the Indian microfinance sector will recover from bad to less bad in a few quarters and from…

20 Feb

Tata Coffee Gold Hazelnut offers a nutty twist to your daily cup

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Tata Coffee has launched its new Gold Hazelnut Flavoured Instant Coffee, promising to elevate coffee lovers’ everyday brews with a rich, nutty essence. Combining high-quality coffee beans with hazelnut flavor, the freeze-dried blend offers an indulgent experience without the need for a barista. This premium blend delivers a velvety, well-rounded cup in seconds, with a smooth, subtly sweet hazelnut twist. Designed for convenience and taste, Tata Coffee Gold Hazelnut caters to coffee lovers seeking bold flavors and a balanced finish. Priced at ₹375 for a 50g jar, the product is available through general trade, modern trade, e-commerce, and quick commerce…

20 Feb

Tata Tea Premium celebrates India’s diversity with regional blends

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Tata Consumer Products’ flagship brand, Tata Tea Premium, has launched a range of regionally inspired tea blends to cater to the diverse tastes of India’s tea lovers. Known as "Desh Ki Chai," the carefully crafted blends aim to offer a unique and delightful tea experience with rich flavors and aromatic profiles tailored to regional preferences. The range includes "Rich Assam Chai" for Delhi, "Kadak Assam Chai" for Haryana and Odisha, "BadiDanedaar Chai" for Punjab, "Dumdaar Chai" for Uttar Pradesh, and "SwadBhari Chai" for West Bengal. Each variant is designed to reflect the unique tea-drinking habits and flavor preferences of the…

20 Feb

SMFG India Credit Achieves Guinness World Record for Largest Cattle Welfare Lesson

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SMFG India Credit has achieved a Guinness World Record for the 'Largest Cattle Welfare Lesson (Multiple Venues)' with 517 participants across six locations during the 7th Pashu Vikas Day (PVD). This event, which took place simultaneously in 500 sites across 16 states, benefitted approximately 190,000 individuals, including 150,000 cattle and 40,000 owners. The theme, ‘Mera Pashu Mera Parivar,’ underscored the vital role of livestock in rural livelihoods, as around 65-70% of the rural population depends on agriculture. Over 6,000 employees participated, reflecting the company's commitment to rural welfare. CEO Mr. Shantanu Mitra praised the initiative and highlighted the company's focus…

19 Feb

Swiggy shares jump 7% during intraday

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Shares of foodtech giant Swiggy jumped nearly 7% to Rs 370.90 during the intraday trading session on the BSE today (February 19).The surge in its share price coincided with a surge in the broader market. The Sensex is up 0.068% at 76,018.91, while the Nifty is volatile and is trading 0.020% lower at 22,940.65 at 11:11 am.With the surge in Swiggy's share price, its market capitalisation reached Rs 83,576 crore at the time of writing and over 1 crore volumes had been traded by then.The stock has closed in the green in three of the last five sessions. Swiggy had…

19 Feb

AirAsia launches 15 million FREE seats sale for ASEAN destinations

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AirAsia has launched its highly anticipated FREE* Seats sale, offering up to 15 million seats across 130 destinations. The airline aims to strengthen affordable connectivity from India to ASEAN destinations like Malaysia and Thailand. Travelers can fly from Visakhapatnam to Kuala Lumpur, Tiruchirappalli and Guwahati to Bangkok, or Kolkata to Phuket with fares starting at INR 6,599 one-way. Additional options include seamless connections to Singapore, Krabi, and Kota Kinabalu via AirAsia’s Fly-Thru service from Kuala Lumpur and Bangkok. Amanda Woo, Group Chief Commercial Officer of AirAsia Aviation Group, emphasized the airline’s mission to expand its network: “We aim to enhance…