Business - The Purbottar

01 Nov

Decathlon rolls out India-made Kipsta RESIST Football Series for all terrains

Business BureauBusiness

Decathlon, the global sports retail giant, has launched the Kipsta RESIST football series in India, aiming to meet the needs of players across the country’s diverse playing environments. Announced on October 30, 2025, the new range is fully designed and manufactured in India and tailored for surfaces ranging from dry hard grounds to wet and uneven fields, a common challenge for Indian footballers. The series comprises two models — Training High Resist Ball and Club High Resist Ball. The Training ball features an abrasion-resistant rubber outer layer for long-lasting performance on hard ground, mud, gravel, and grass, meeting FIFA Basic…

01 Nov

Turkish Airlines secures USD 412 million funding from Bank of China to boost expansion

Business BureauBusiness

Turkish Airlines has secured a major financing agreement worth 2.9 billion Chinese Yuan (approximately USD 412 million) from Bank of China, arranged through Bank of China Turkey A.Ş., marking one of its most significant recent financial achievements. The five-year facility will support the airline’s development plans, including fleet expansion, business growth, and new infrastructure projects at Istanbul Airport. The deal underscores Turkish Airlines’ strategy to diversify funding sources while strengthening long-term financial resilience. The financing, coordinated by Bank of China Turkey and the BOC Macau branch, also reinforces growing economic and strategic cooperation between Türkiye and China. Assoc. Prof. Murat…

01 Nov

Young Innovators from Bharat Shine at Samsung Solve for Tomorrow 2025; winning teams received INR 1 crore

Business BureauBusiness

Samsung, India’s largest consumer electronics brand, has announced the winners of Samsung Solve for Tomorrow 2025, the fourth edition of its national education programme that challenges young students to use technology to create real-world solutions for pressing challenges in their local communities. The Top Four winning teams—Percevia (Bengaluru), NextPlay.AI (Aurangabad), Paraspeak (Gurugram), and Prithvi Rakshak (Palamu)—received INR 1 crore in incubation grants and will continue to develop their prototypes into scalable real-world solutions with mentorship support at IIT Delhi’s FITT Labs. The jury panel brought together Samsung leadership and experts from across academia, government, and industry to evaluate the finalists’…

01 Nov

Vedanta Q2 profit drops 59% on one off

Purbalee DuttaBusiness

Anil Agarwal-led Vedanta Ltd reported a sharp 59% drop in net profit to ₹1,798 crore for the September quarter, despite a 6% rise in revenue to ₹39,868 crore—its highest ever for a second quarter. The decline was mainly due to a one-time write-off linked to its subsidiary Talwandi Sabo Power Ltd (TSPL), which lost a ₹1,407 crore claim in the Supreme Court under a government power project scheme. TSPL also settled a legal dispute with Sepco for ₹660 crore. However, Vedanta’s Ebitda rose 12% year-on-year to ₹11,612 crore, aided by strong aluminium, zinc, and silver prices. Shares fell 2.6% to…

01 Nov

Nissan crosses 1.2 million ‘Made in India’ exports, driven by Magnite success

Business BureauBusiness

Nissan Motor India has achieved a major export milestone with the shipment of its 1.2 millionth vehicle from India, reinforcing the company’s “Make in India, Make for the World” vision. The landmark vehicle, a New Nissan Magnite B-SUV, was flagged off from Kamarajar Port in Ennore, Tamil Nadu, to the GCC region, in the presence of Nissan Motor India Managing Director Saurabh Vatsa. Nissan’s export journey from India has been built on the success of models such as the Sunny, Kicks, and Micra, with the Magnite now driving its global momentum. The New Magnite, sold in over 65 countries in…

01 Nov

Kolkata gets its first premium senior living address on the Ganges

Business BureauBusiness

In a landmark move marking a shift in the city’s real estate landscape, Srijan Realty has launched Primus Ganges, Kolkata’s first premium senior living community on the banks of the Hooghly. The development reflects the city’s demographic evolution, with senior living emerging as a prominent and fast-growing asset class amid declining birth rates and increasing life expectancy in Bengal. Industry data supports this momentum — India’s senior living sector is expected to grow at a double-digit pace over the next decade, according to Mordor Intelligence. Even as Kolkata’s overall residential sales dipped 10% QoQ in Q2 2025, demand for premium…

01 Nov

Govt, ABCF & BITS Pilani launch startup challenge to boost innovation in NSTIs

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE), along with Aditya Birla Capital Foundation (ABCF) and Pilani Innovation and Entrepreneurship Development Society (PIEDS) of BITS Pilani, on Thursday launched the Navonmesh Protsahan Spardha: Kaushalta se Udyamita, an innovation and start-up challenge aimed at fostering entrepreneurship among students of National Skills Training Institutes (NSTIs). The initiative, managed by PIEDS and supported under ABCF’s CSR programme, will target over 10,000 NSTI students pursuing skill training across 33 NSTIs in India, including NSTI(W) centres dedicated to women. The challenge will focus on innovation in IT/ITeS, automotive, apparel, electronics & hardware, power, and capital…

31 Oct

Medanta’s Rs 500-crore Guwahati hospital project poised to reshape Northeast healthcare economy

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Medanta has formally commenced construction of its 400+ bed super-speciality hospital in Guwahati, signalling a major private healthcare investment push in the Northeast. The Bhoomi Poojan ceremony, held on October 31, was attended by Assam Chief Minister Dr. Himanta Biswa Sarma, Medanta Chairman & MD Dr. Naresh Trehan, Group CEO Pankaj Sahni, and senior government and community leaders, marking the beginning of what analysts see as a significant milestone in strengthening the region’s healthcare ecosystem. With an investment outlay of approximately ₹500 crore, the upcoming hospital at Sarusajai Industrial Estate along NH-27 will feature advanced tertiary and quaternary care, including…

31 Oct

Medanta to build 400+ bed super-speciality hospital in Guwahati with Rs 500 cr investment

Business BureauBusiness

Medanta – Global Health Limited, one of India’s leading private multi-specialty tertiary care providers, has announced plans to establish a state-of-the-art, 400+ bed hospital in Guwahati. The new facility, coming up at Industrial Estate, Sarusajai along NH-27, marks a major push in Medanta’s mission to expand advanced healthcare access in underserved regions. With an estimated investment of ₹500 crore, the hospital will provide tertiary and quaternary care across a wide range of super-specialties. Founded by Padma Bhushan, Padma Shri, and Dr. B.C. Roy Awardee Dr. Naresh Trehan, Medanta is modeled on global medical leaders including Mayo Clinic and Johns Hopkins.…

31 Oct

Kotak811 unveils 3-in-1 Super Account, partners with super.money to offer seamless saving, spending and borrowing experience

Business BureauBusiness

Kotak811, India’s leading digital banking platform, has launched its innovative 3-in-1 Super Account, combining a savings account, fixed deposit, and secured credit card in one digital solution. The offering, developed in partnership with super.money, aims to simplify financial management for “Core India” — a growing segment of salaried individuals, students, and first-jobbers seeking digital-first financial tools. Highlighting the product’s simplicity, Manish Agarwal, Head of Kotak811, said, “The 3-in-1 Super Account brings saving, spending, and borrowing together in one place. It’s simple, secure, and designed for everyday use.” The account allows users to start with just ₹1,000, earn interest and cashback,…