Business - The Purbottar

03 Feb

Budget 2025: Godrej CFO sees boost for FMCG sector

Business BureauBusiness

Aasif Malbari, Chief Financial Officer of Godrej Consumer Products Ltd., has lauded the Union Budget 2025 for its balanced approach to strengthening key pillars of the FMCG sector. Malbari highlighted the budget's focus on rural infrastructure, manufacturing, and consumer spending as drivers of growth. He believes investments in rural development and job creation will stimulate economic activity and increase consumption, creating market expansion opportunities. The CFO also praised the National Manufacturing Mission, emphasizing its potential to enhance domestic production, reduce import reliance, and improve cost efficiencies. Tax reforms benefiting the middle class were also noted as a positive factor, increasing…

03 Feb

Maharashtra embraces linguistic inclusivity with Marathi version of Skill India Digital Hub

Business BureauBusiness

In a bid to create a more inclusive and dynamic skilling ecosystem, Maharashtra Chief Minister Shri Devendra Fadnavis unveiled the Marathi version of the Skill India Digital Hub (SIDH) during the Vishwa Marathi Sammelan 2025 at Fergusson College in Pune. The initiative, launched alongside Deputy Chief Ministers Shri Eknath Shinde and Shri Ajit Pawar, aims to break language barriers and empower the state's youth with accessible skill development tools in their native language. The SIDH platform, offering over 7,000 courses, including in-demand areas such as AI, Machine Learning, and Drone Technology, will provide Marathi-speaking individuals with tailored resources for career…

02 Feb

Assam may get its tallest building as KPC Group and Polaris plans big investment

Business BureauBusiness

Assam is set to see a big investment that could change its cities and economy.Santanu Ghosh, Chief Coordinator of KPC Group and Polaris has expressed his business group’s keen interest in making a substantial investment in the state. In a proposal submitted to Assam Chief Minister Himanta Biswa Sarma, Ghosh outlined an ambitious plan to construct the tallest skyscraper in the state along with several large-scale projects aimed at transforming Assam’s infrastructure. The proposed investment, valued at over Rs 2,500 crore is envisioned as an "epic and landmark" development that would put Assam on the global investment map. What sets…

01 Feb

Catch Spices launches new TVCs featuring Akshay Kumar and Rajpal Yadav to elevate culinary experiences

Business BureauBusiness

Catch Spices, a leading brand under the Dharampal Satyapal Group (DS Group), has unveiled two exciting new television commercials (TVCs) featuring Bollywood superstars Akshay Kumar and Rajpal Yadav. These TVCs aim to strengthen the brand’s message of "Kyunki Khana Sirf Khana Nahi Hota" (Food is more than just food), blending humor with the essence of family and togetherness. The first commercial, focusing on Catch Turmeric, presents a heartwarming and humorous scenario where a mix-up leads to a memorable meal, emphasizing how food connects people. Akshay Kumar’s line, “Catch Haldi hi laata hai khaane mein asli rang!” underlines the emotional and…

01 Feb

Globe Textiles’ Rs. 4,504 lakh rights issue sees 14.69% subscription on Day 1

Business BureauBusiness

The Rs. 4,504 lakh Rights Issue of Globe Textiles (India) Ltd (NSE-GLOBE) saw a subscription of 14.69% on the first day of opening. The company, known for manufacturing garments, cotton printed fabrics, home textiles, and fancy fabrics, launched the Rights Issue on January 24, with the subscription window open until February 6.The shares in the Rights Issue are being offered at Rs. 3 per share, which is lower than the recent market price of Rs. 3.93 per share on January 23. On January 24, the closing price was Rs. 3.78 per share. Investors who do not currently hold Globe Textiles…

01 Feb

Digit Life launches “Digit Glow Term Life Insurance” for 56% self-employed Bengalis

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Go Digit Life Insurance Limited (Digit Life), one of India’s fastest-growing new-age digital life insurer, announced it has launched its first individual pure term life insurance plan, “Digit Glow Term Life Insurance”, designed specifically for self-employed Indians. To enable seamless customer servicing and quick onboarding of agents, Digit Life Insurance has also opened offices in Park Street in Kolkatta and Sevoke Road in Siliguri. With an aim to increase financial inclusion among self-employed individuals in the country, Digit Life Insurance, through its in-house-built tech-enabled models, will use various unique data points and alternative credit parameters for better financial underwriting. As…

01 Feb

Honda Motorcycle and Scooter India conducts road safety awareness drive in Bahula

Business BureauBusiness

Honda Motorcycle and Scooter India (HMSI) conducted a road safety awareness campaign at Bahula S.S. High School, reaching over 1,300 students and staff members. The initiative aimed to instill responsible road habits among young individuals and contribute to reducing traffic-related incidents.The campaign featured interactive sessions, including theoretical safety riding lessons, danger prediction training, road safety quizzes, helmet awareness activities, and hands-on riding trainer exercises. These activities were designed to engage participants and leave a lasting impact on their approach to road safety. HMSI has been actively promoting road safety in West Bengal, educating nearly 3 lakh individuals to date. The…

01 Feb

Ola Electric Mobility shares jump 12%, back close to IPO price on new launches

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Shares of Ola Electric Mobility Ltd jumped as much as 12% on Friday, January 31, after the company launched new vehicles and announced more launches in the near future. With Friday's surge, the stock is back close to its IPO price of ₹76. As of Thursday's close, Ola Electric Mobility shares were down 57% from their post-listing peak of ₹157. The company today launched the Ola Electric Gen 3, with MD and CEO Bhavish Aggarwal saying the company has again become a leader in terms of EV two-wheeler market share. Aggarwal also said that while the competition got "a bit…

31 Jan

Symphony Ltd launches AI-powered geysers with hair fall control technology

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Symphony Ltd has entered the water heating solutions market with the launch of its AI-powered Symphony Spa geysers, designed to combat hair fall and skin irritation caused by hard water. The company introduced a pioneering 9-layer PuroPod Technology that softens hard water by filtering out harmful chemicals and sediments.The new range includes three models—Symphony Spa, Symphony Sauna, and Symphony Soul—available in 10-litre, 15-litre, and 25-litre capacities. With a five-star rating, the geysers feature a heavy-duty heating element, Titanium Pro Coating for durability, and a Magnesium Rod for extended lifespan. The Symphony Spa model integrates SmartBath technology, making it India’s first…

31 Jan

NSDC, CoLLearn and Shikhar Dhawan’s DA One Sports launch cricket coach skilling initiative

Business BureauBusiness

The National Skill Development Corporation (NSDC), in collaboration with ed-tech platform CoLLearn and Shikhar Dhawan’s DA One Sports, has launched a specialized training program to upskill cricket coaches across India. The initiative aims to enhance coaching standards and equip aspiring mentors with modern training methodologies.The Cricket Coach Education Programme will be a joint effort where NSDC will facilitate awareness workshops and provide skill loans for eligible candidates. CoLLearn will organize classes and offer placement support, while DA One Sports will oversee student assessments and on-field training. NSDC CEO Ved Mani Tiwari emphasized the program’s role in raising coaching standards in…