Business - The Purbottar

20 Jul

IndusInd Bank integrates with EPFO to streamline provident fund payments

Business BureauBusiness

IndusInd Bank has integrated with the Employees' Provident Fund Organisation (EPFO) under the Ministry of Labour& Employment, enabling employers and establishments to make Provident Fund (PF) contributions seamlessly through the EPFO portal using the bank's digital banking platforms. With the integration, organisations can directly select IndusInd Bank on the EPFO portal and complete statutory PF payments through the bank's Corporate Internet Banking platform, Indus Direct, and its MSME-focused mobile banking application, INDIE for Business. The move is aimed at simplifying one of the country's most widely used statutory payment processes while offering a secure and efficient digital payment experience. The…

20 Jul

Kerakoll India bags top honour at PS Excellence Awards 2026

Business BureauBusiness

Kerakoll India Pvt. Ltd. has secured the first position in the Adhesive category at the PS Excellence Awards 2026, an honour conferred by PS Group, West Bengal's largest real estate developer, recognising the company's performance, technical expertise and reliability in the adhesive and grout segment. The award recognises supply partners that maintain high standards of product quality, technical support and commercial reliability across PS Group's residential and commercial projects. Kerakoll said the recognition reflects the strength of its end-to-end offerings, including adhesive and grout solutions, responsive technical assistance, dependable logistics and commercial operations. According to the company, its H40 Gel…

20 Jul

SBI Funds Management Shares Command Strong 18% Grey Market Premium Ahead of Official Tuesday Market Debut

anuprova EditorBusiness

Investor enthusiasm remains highly elevated for India’s largest asset management company, SBI Funds Management Limited, as its shares prepare to officially debut on the BSE and NSE on Tuesday, July 21. Market data indicates that the company’s unlisted shares are maintaining a robust grey market premium (GMP) of approximately 18% over the upper issue price of ₹574. This strong secondary market momentum suggests a projected opening price of roughly ₹678 per share, offering successful allottees an immediate listing-day pop. The firm, a joint venture between the State Bank of India and global asset manager Amundi, has already finalized its allotment…

20 Jul

Johnson’s® Baby launches Milk & Rice range with new ‘PoshanKaPehlaSparsh’ campaign

Business BureauBusiness

Johnson’s® Baby has launched its new Milk & Rice skincare range for babies, accompanied by the 'PoshanKaPehlaSparsh' campaign inspired by the traditional Indian Annaprashan, or Mukhe Bhaat, ceremony. The campaign reimagines the cultural milestone by introducing the concept of a 'Food for Skin Ritual', highlighting nourishment for a baby's delicate skin from the very first days of life. The new Johnson’s®️ Baby Milk & Rice Range is formulated with milk proteins, rice bran protein, Vitamin E, glycerin and a multivitamin complex to nourish and help protect a newborn's delicate skin barrier while providing long-lasting moisturisation. The range comprises a Soap,…

20 Jul

HCMCT Manipal Hospital launches special cancer OPD in Guwahati

Business BureauBusiness

HCMCT Manipal Hospital, Dwarka, has launched a Special Oncology Outpatient Department (OPD) in Guwahati to improve access to specialist cancer consultations amid the rising cancer burden in India. The initiative aims to help patients receive timely expert advice closer to home, reducing the need to travel for advanced oncology consultations and treatment.The specialised OPD will operate every second Sunday from 10:00 am to 12:00 pm at UHS, Vista Super Specialty Clinic in Lachit Nagar, Guwahati. Consultations will be provided by Dr. Bikram Kumar Deka, Consultant – Surgical Oncology at HCMCT Manipal Hospital, Dwarka. The launch comes as cancer cases continue…

20 Jul

PAN Health scales up manufacturing and innovation to strengthen hygiene market presence

Business BureauBusiness

PAN Health, one of India's leading disposable personal hygiene companies, is accelerating its growth strategy by expanding its product portfolio across baby care, women's hygiene and adult care while strengthening its manufacturing capabilities under the Government of India's 'Make in India' initiative. The company said it is leveraging its flagship brands—Little Angel, Everteen and Liberty—to address evolving consumer demand for affordable, high-quality hygiene products across every stage of life. A key driver of the company's expansion is its manufacturing facility in Rajkot, Gujarat, described by PAN Health as India's largest disposable personal hygiene manufacturing campus. Established in 2017, the 30-acre…

18 Jul

Skyroot Aerospace Triumphs with ‘Mission Aagaman’ as Vikram-1 Reaches Low Earth Orbit

nanika EditorBusiness

In a monumental milestone for the nation's space sector, India's first privately developed orbital rocket, Vikram-1, successfully lifted off from the Sriharikota spaceport on Saturday. Spearheaded by Skyroot Aerospace, the maiden voyage—dubbed 'Mission Aagaman'—marks the official entry of India’s private aerospace industry into the highly competitive global orbital launch market. The four-stage, seven-storey-tall vehicle lifted off majestically at 12:05 PM, overcoming a brief, planned navigation hold to flawlessly execute its mission. During its ascent, Vikram-1 successfully deployed multiple technology demonstration payloads into a 450-kilometer Low Earth Orbit (LEO). Among the primary payloads were Grahaa Space's 'Solaras' satellite and Cosmoserve Space's…

18 Jul

Skyroot Scripts History: Vikram-1 Orbital Mission Aced on First Attempt

anuprova EditorBusiness

In a monumental milestone for India’s commercial space sector, Skyroot Aerospace successfully completed its first orbital launch as the Vikram-1 rocket placed its payloads precisely into Low Earth Orbit. The critical mission, aptly named Mission Aagaman, lifted off from the historic Satish Dhawan Space Centre in Sriharikota following a brief planned technical hold. The multi-stage vehicle, towering nearly seven storeys tall, functioned flawlessly across all four propulsion stages to deliver a textbook launch and subsequent deployment sequence on its very first try. The successful flight marks the first time an Indian private aerospace enterprise has independently developed and flown an…

17 Jul

Shyam Metalics commissions aluminium foil plant in Odisha, targets September launch for FRP facility

Business BureauBusiness

Shyam Metalics and Energy Ltd. has commenced commercial production at its aluminium foil manufacturing facility in Sambalpur, Odisha, marking a key milestone in its expansion into value-added downstream aluminium products. The company is investing around ₹800 crore in the aluminium facilities, with its Aluminium Flat Rolled Products (FRP) plant scheduled to begin commercial operations by the end of September 2026. The newly commissioned aluminium foil unit, operated by SMEL Steel Structural Pvt. Ltd., has an installed capacity of 18,000 tonnes per annum (TPA) and will manufacture premium-grade foils ranging from 6 to 40 microns in thickness. The upcoming FRP facility…

17 Jul

MG strengthens new energy strategy with India’s first multi-NEV platform

Business BureauBusiness

JSW MG Motor India has strengthened its long-term electric mobility strategy with the unveiling of MG ADAPT (Advance Drive Architecture Platform Technology), India's first Multi New Energy Vehicle (NEV) platform designed to support Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs) and Range Extender Electric Vehicles (REEVs) on a single intelligent architecture. The company also announced plans to introduce one EV and one PHEV built on the platform by FY 2026-27, expanding its future-ready product pipeline. Developed as a modular architecture, MG ADAPT integrates a dedicated hybrid engine, a dedicated battery system, India's first 10-in-1 Intelligent…