Business - The Purbottar

14 Jan

Vi’s MahaKumbh Mela live stream set to captivate millions with enhanced 4G network

Business BureauBusiness

The Maha Kumbh Mela, a once-in-12-years spiritual phenomenon spanning 156 km with 22 pontoon bridges, has been held from 13th January to 26th February, 2025, in Prayagraj, Uttar Pradesh. This massive event is expected to have a footfall of 40 crore pilgrims this year, making it one of the largest human gatherings. To make The Maha Kumbh Mela accessible to all, leading telecom operator Vi has partnered with Shemaroo to live-stream it on Vi Movies & TV. Vi customers can experience the Shahi Snans on Makar Sankranti (January 14), Mauni Amavasya (January 29), and Maha Shivratri (February 26), as saints…

13 Jan

Paytm shares fall 6%, down over 20% in five sessions

editorBusiness, News

Shares of One97 Communications, the parent company of fintech major Paytm, continued to decline for the fourth consecutive session on January 13. The shares fell to Rs 796.1, marking a decline of over 6 percent. Earlier, UBS had released a report citing NPCI data, which mentioned that Paytm did not gain any UPI market share in December. In October, Paytm received approval to add customers. Nevertheless, its share of the UPI market almost halved, falling from 10 per cent at the start of 2024 to 5.5 per cent by the end of the year. During the October-November period, Paytm's market…

11 Jan

Emami rebrands Fair And Handsome as Smart And Handsome, Kartik Aaryan named brand ambassador

Business BureauBusiness

Emami Ltd has launched a bold new identity for its iconic men’s grooming brand, Fair And Handsome, rebranded as Smart And Handsome. This transformation marks a significant milestone in the brand's journey, signaling its evolution into a comprehensive male grooming solution. Bollywood star Kartik Aaryan has been introduced as the brand ambassador, bringing youthful energy and style to the campaign. The rebranding reflects shifting consumer preferences toward holistic grooming that prioritizes skin health and individuality. With the tagline “Har Roz Handsome Code,” the brand aims to empower young men with effective grooming solutions for face, body, and hair. The refreshed…

11 Jan

Axis Max Life launches Sustainable Wealth 50 Index Fund

Business BureauBusiness

Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd., has introduced the Axis Max Life Sustainable Wealth 50 Index Fund. This innovative fund, the first of its kind in the insurance industry, is designed to invest in companies generating robust cash flows using a proprietary Sustainable Yield Index. The customised index will be computed and maintained by NSE Indices Limited. The fund focuses on 50 top-performing stocks from the Nifty 500 universe, selected based on Free Cash Flow Yield for non-financial companies and Dividend Yield for financial companies. Its asset allocation includes 80–100% equity and 0–20%…

11 Jan

Celebrate the harvest season with a nutritious twist of California Almonds

Business BureauBusiness

As India celebrates the Harvest Season with festivals like Makar Sankranti, Pongal, Lohri, and Baisakhi, it's a time for feasts and family gatherings. This year, California Almonds are taking center stage as a healthier alternative to traditional sweets. Known for their rich nutritional profile, almonds are packed with 15 essential nutrients, including protein, healthy fats, fiber, and vitamins. These "King of Dry Fruits" are a perfect addition to festive dishes, promoting better health while indulging in festive treats. With rising concerns about lifestyle diseases such as diabetes and obesity in India, including almonds in the diet offers a simple solution.…

11 Jan

Nissan launches ‘Bold For The Brave’ republic bonanza for armed forces and police

Business BureauBusiness

Nissan Motor India has announced its exclusive ‘Bold For The Brave’ Republic Bonanza for defence personnel, paramilitary forces, and state police, offering significant benefits on its flagship SUV, the New Nissan Magnite. The initiative celebrates India’s 76th Republic Day by extending gratitude to the country’s protectors. Serving personnel of the Indian Armed Forces can book the Magnite via the CSD AFD Portal, availing benefits ranging from ₹72,000 to ₹1 lakh. For Central Paramilitary and State Police forces, savings up to ₹23,000 are available through bookings at Nissan dealerships. The offers are valid until January 31, 2025. The Nissan Magnite, a…

11 Jan

Global celebrations mark 18th Pravasi Bharatiya Divas with enthusiasm

Business BureauBusiness

The 18th Pravasi Bharatiya Divas (PBD) convention, held in Bhubaneswar, Odisha, from January 8-10, saw spirited celebrations across the globe, reflecting the strong bond between India and its diaspora. Indian missions worldwide participated actively, organizing a range of events to commemorate the occasion. In Seychelles, the Indian High Commission hosted a special screening of the PBD inauguration, while the Indian Embassy in Chile held a similar event to showcase the inaugural proceedings. The Indian Embassy in Riyadh, Saudi Arabia, brought the community together for a cultural evening featuring ghazals and songs by Mohammad Vakil. In Norway, over 200 people gathered…

11 Jan

Amount raised from capital markets may rise 21 percent to Rs 14.7 lakh crore in FY25: Sebi chief

editorBusiness, News

He said another Rs 1 lakh crore is expected to be raised through equity in the January-March quarter, taking the total amount raised through equity to Rs 4.3 lakh crore by the end of March 2025.Securities and Exchange Board of India Chairperson Madhabi Puri Buch on Friday said the amount raised from capital markets may rise 21 per cent to Rs 14.7 lakh crore in FY25 from Rs 11.8 lakh crore in the previous fiscal.The total resources raised from the domestic capital market in the first nine months (April-December) of the current fiscal stood at Rs 10.7 lakh crore, including…

10 Jan

Viraasat Handloom Expo celebrates India’s textile heritage in Guwahati

Business BureauBusiness

The vibrant Viraasat Special Handloom Expo was officially inaugurated today at Mahavir Dharm Sthal, Fancy Bazar, Guwahati. The week-long event, running from January 8 to 14, 2025, was launched by Jayant B. Mangalpalli, Assistant Director (Design), Ministry of Textiles, Development Commissioner (Handloom), WSC Guwahati. Organized by the Ministry of Textiles, Government of India, the Expo celebrates India’s rich handloom heritage and serves as a platform for weavers to showcase their craftsmanship. In his inaugural address, Mangalpalli emphasized the importance of sustainable and ethical fashion, urging support for handloom traditions that have been a part of India's culture for centuries. He…

10 Jan

IREDA Q3 results: Net profit rises 27% year-on-year to ₹425.35 crore; revenue rises 37%

editorBusiness, News

IREDA Q3 results: Indian Renewable Energy Development Agency (IREDA) announced its October to December quarter results on Thursday, January 9. The state-owned company's net profit rose 27 per cent to ₹425.38 crore in the third quarter of FY2024-25, as against ₹335.53 crore in the same quarter last year. Revenue from operations grew 37 per cent to ₹1,654.45 crore in the October to December quarter results of FY2024-25, as against ₹1,208.10 crore in the same quarter last year. The company's total expenses for the third quarter in FY 2024-25 rose 33.8 per cent to ₹1,160.78 as against ₹867.06 in the same…