Business - The Purbottar

31 Dec

McDonald’s opens first restaurant in Gangtok, Sikkim

Business BureauBusiness

McDonald’s has opened its first-ever restaurant in Gangtok, Sikkim, marking a significant milestone for the global fast-food giant. Located at West Point Mall, the 2,240 sq. ft. outlet offers a seating capacity of 116 and features a modern design with globally inspired décor and amenities aimed at enhancing the dining experience. Speaking at the launch, Rajeev Ranjan, Managing Director of McDonald’s India – North and East, said, “We are excited to bring the McDonald’s experience to Gangtok, a vibrant and rapidly growing city in Sikkim. This expansion reflects our commitment to making McDonald’s accessible to more people across the Northeast…

30 Dec

Vodafone Idea shares expansion over 5% as government waives bank guarantees for previous spectrum auctions

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Vodafone Idea shares surged over 5 per cent on December 30 as government waives bank guarantees for previous spectrum auctions. At 11:10 am on December 30, Vodafone Idea shares were trading at Rs 7.88. The telecom firm has been exempted from providing bank guarantees of Rs 24,800 crore for spectrum auctions held before 2021 (2012, 2014, 2015, 2016). In a filing dated December 28, the company termed the government reform as a "major relief for telcos". The company said that prior to this reform, the company was required to provide bank guarantees totalling Rs 24,800 crore for each spectrum instalment…

30 Dec

Diljit Dosanjh teams up with Mokobara to redefine global travel style

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Diljit Dosanjh, the global music sensation known for his boundary-pushing style, has teamed up with Mokobara, a rising star in the travel accessories industry, to redefine the future of travel fashion. Known for blending tradition with modernity, Diljit’s latest collaboration with Mokobara brings a unique edge to the world of travel. The partnership, which has already seen Mokobara luggage featured on his Dil-luminati world tour and on the sets of the Bollywood film Crew, is setting new standards for design-driven, functional travel gear. Founded in 2020, Mokobara has quickly gained recognition for its sleek, bold, and highly functional travel accessories,…

28 Dec

Jersey Electricity reports 8.5% revenue increases in 2024

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JERSEY - Jersey Electricity plc has announced its financial results for the year ended September 30, 2024, reporting an 8.5% increase in revenue to £135.7 million. The company, which has been a major player in the island's energy sector for a century, recorded a profit before tax of £15.1 million, a slight improvement on the previous year's £14.9 million. The Board recommended a final dividend of 12.00p per share for the year, an increase of 5.3% from the 2023 dividend. This, combined with the interim dividend, brings the total dividend for the year to 19.80p per share. The final dividend…

28 Dec

Boney Kapoor shares inspiring hair restoration journey at Eugenix event

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Eugenix Hair Sciences, a leading name in hair restoration, hosted an exclusive event featuring Bollywood icon Boney Kapoor, who unveiled his transformative hair transplant journey. Joined by co-founders Dr. Pradeep Sethi and Dr. Arika Bansal, Kapoor shared how the procedure at Eugenix rejuvenated his confidence and appearance. “Self-care and confidence are invaluable. This hair transplant has revitalized my spirit. I feel younger and more confident,” Kapoor said, striking a chord with the audience. The event also showcased Eugenix’s advanced Direct Hair Transplant (DHT) technology, with Dr. Bansal highlighting its personalized and enduring results. Adding his perspective, Dr. Sethi emphasized Eugenix’s…

28 Dec

Tata AIA launches Multicap Momentum Quality Index Fund with life cover and wealth creation benefits

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Tata AIA Life Insurance has launched its latest investment product, the Tata AIA Multicap Momentum Quality Index Fund. This new offering aims to provide long-term capital appreciation by investing in a portfolio of stocks replicating the Nifty 500 Multicap Momentum Quality 50 Index. The New Fund Offer (NFO) window is open from 24th December to 31st December 2024. The fund follows a three-pronged MQM strategy: investing in momentum-driven stocks, selecting high-quality stocks, and ensuring diversified exposure across large-cap, mid-cap, and small-cap segments. With 80%-100% of its assets in equity instruments and up to 20% in cash and money market instruments,…

27 Dec

Aluminium futures prices jump due to fresh deals

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New Delhi, December 27: Aluminium prices rose by 25 paise to Rs 241.65 per kg in the futures market on Friday due to fresh deals by speculators amid positive trend in the spot market. The price of aluminium contract for January delivery rose by 25 paise or 0.1 per cent to Rs 241.65 per kg in Multi Commodity Exchange in which 3,245 lots were traded. Analysts said that fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

27 Dec

Dr. Kaustav Debnath emphasizes the critical nature of road safety and road accident

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Every day in emergency rooms worldwide, doctors, nurses, and paramedics witness the devastating consequences of road accidents, which result in life-threatening injuries, disability, and loss of life. Road accidents are among the most preventable causes of injury and death. According to global health data, road traffic accidents cause more than 1.35 million deaths per year, making it one of the leading causes of death worldwide. For every fatality, countless others are left with serious injuries—ranging from traumatic brain injuries and spinal cord damage to amputations and fractures, as well as less visible emotional trauma that may take years to heal.…

26 Dec

Godrej Agrovet launches comprehensive winter strategy to support fish farmers

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Godrej Agrovet Limited has announced a targeted winter strategy to empower fish farmers West Bengal addressing the seasonal challenges that hinder productivity. As temperatures drop, fish experience reduced digestive enzyme activity and nutrient absorption, causing physiological stress and impacting farmer profitability. The strategy integrates scientific approaches, digital tools, and community support to tackle these issues. Dhrubajyoti Bannerjee, CEO of the Aquafeed Business at Godrej Agrovet, stated, “By leveraging digital platforms and community-driven initiatives, we’re creating a comprehensive ecosystem that empowers farmers to navigate the most challenging seasonal constraints.” Key initiatives include the Matsya Margadarshan digital campaign, offering expert advice via…

24 Dec

Nissan and Honda sign MOU for business integration

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Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to explore a business integration through a joint holding company. The partnership aims to leverage synergies for achieving carbon neutrality, enhancing vehicle intelligence, and addressing rapid technological advancements in the automotive industry. The MOU, signed on August 1, builds on an earlier strategic agreement in March to collaborate on next-generation software-defined vehicles (SDVs) and fundamental technologies. If realized, the integration is expected to consolidate management resources, streamline operations, and improve long-term corporate value. “This potential integration represents a pivotal moment for both companies,” said…