Business - The Purbottar

15 Nov

Toyota Launches Special Variants of Glanza, Taisor & Hyryder with Irresistible Year-End Promotions

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Toyota Kirloskar Motor (TKM) is excited to make this year-end memorable for car buyers with the launch of the Special Limited Edition across its popular models—Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder. Following the overwhelming response to the recently introduced Festival Limited Editions, the Special Limited-Edition takes Toyota’s commitment towards customer centricity a step further by offering Toyota Genuine Accessory (TGA) packages. Apart from the special limited edition, Toyota is offering exclusive year-end offers above Rs 1 Lac in Toyota Glanza, Urban Cruiser Taisor & Rumion (except CNG models). Awesome consumer benefits will continue up till 31st Dec 2024.…

15 Nov

Jio Financial Services shares growth 7 on inclusion in F&O contract

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Shares of Jio Financial Services rose 7 to an intraday high of Rs 320.50 after NSE included the company in F&O contract.NSE released that futures and options contracts on 45 stocks, including Jio Financial Services, will start trading from November 29.In a indirect, NSE said, “ Members are advised to note that predicated on the stock selection criteria laid down by SEBI vide indirect no. SEBI/ HO/ MRD/ MRD- POD- 2/ P/ CIR/ 2024/116 dated August 30, 2024 and upon receipt of approbation from SEBI, members are hereby notified that futures and options contracts on the following 45 fresh securities…

14 Nov

HAL Q2 net profit upgrade by 22 percent to Rs 1,510 crore, shares appreciate by more than 2 percent

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The HAL Q2 Results saw a marginal PBT growth close to 8 percent.On November 2030, Hindustan Aeronautics Limited published an announcement alleging a consolidated net profit of close to Rs 1510.49 crores that compounded year on year by 22.14%. It was lesser the PBT of Rs 1236.67 crores registered by the company in the July September quarter of the year beginning the fiscal year March 2024, the document mentions.Revenue for the second quarter reached Rs 5976.3 crores growing 7 percent from Rs 5635.4 crores for July- September quarters a year ago. There as a growth exhibited for earnings before interest…

13 Nov

PM dedicates major energy initiatives worth Rs 4,027 crore to boost cleaner fuel and economic growth in Bihar

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In a significant move towards sustainable energy and industrial growth, Prime Minister inaugurated several initiatives in the petroleum and natural gas sector worth ₹4,027 crore on November 13. These projects, aligned with the Make in India vision, aim to provide cleaner energy solutions and foster domestic production capabilities in Bihar, enhancing local infrastructure and economic potential. Among the key projects is Bharat Petroleum Corporation Ltd.'s (BPCL) City Gas Distribution (CGD) network across Darbhanga, Madhubani, Supaul, Sitamarhi, and Sheohar. With an investment of ₹3,638 crore, the CGD network will deliver piped natural gas (PNG) to households and industries, promoting cleaner energy…

13 Nov

Bajaj Allianz Life reports strong Q2FY25 growth, achieves 34% surge in IRNB

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Bajaj Allianz Life Insurance has posted impressive results for Q2FY25, with a robust 34% growth in Individual Rated New Business (IRNB), reaching INR 1,895 crores, compared to INR 1,415 crores in the same period last year. The company's Gross Written Premium (GWP) saw a significant 23% increase, rising from INR 5,338 crores in Q2FY24 to INR 6,544 crores in Q2FY25, further highlighting its strong performance in the insurance sector. The company also reported an increase in Assets Under Management (AUM), which surged by 25% to INR 1,23,178 crores as of 30th September 2024. In terms of market share, Bajaj Allianz…

13 Nov

Almonds: A smart snack for managing blood sugar levels this World Diabetes Day

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As World Diabetes Day approaches on November 14, experts are urging people to prioritize mindful food choices to manage rising diabetes rates in India, often dubbed the "Diabetes Capital of the World." With 101 million Indians living with diabetes and 136 million pre-diabetic, adopting dietary changes is critical for effective diabetes management. One such change is incorporating almonds, known for their 15 essential nutrients, including protein, unsaturated fats, and dietary fiber, which support healthy blood sugar levels. Studies, including research led by Dr. Anoop Misra, have demonstrated that almonds help maintain blood sugar control and reduce the impact of carbohydrate-rich…

13 Nov

Minister Jayant Chaudhary highlights MESC’s role in empowering India’s media sector

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In a significant step toward boosting India’s media and entertainment industry, Hon’ble Minister of State for Skill Development and Entrepreneurship, Jayant Chaudhary, chaired a vital meeting with the Media and Entertainment Skills Council (MESC). Under the theme “Skill India to Build India,” the gathering emphasized MESC’s role in equipping young talent for an increasingly competitive global market. Industry luminaries like Mohit Soni, CEO of MESC, and Oscar-winner Dr. Resul Pookutty, joined the event, focusing on aligning skill development with international standards. Minister Chaudhary underscored MESC's mission to address the skill demands in media, broadcasting, and the AVGC (Animation, Visual Effects,…

13 Nov

Godrej Industries expands food & beverage reach with Savannah Surfactants acquisition

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Godrej Industries’ Chemicals Business has signed a strategic agreement to acquire the Food Ester and Emulsifier Business of Savannah Surfactants Limited. The acquisition, which includes a manufacturing facility located in Goa with a capacity of 5,200 MTPA of finished products, aligns with Godrej's vision to expand its product offerings in the food and beverages sector. Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), stated, "This acquisition supports our strategy of growing our specialty chemicals business and is in line with our commitment to sustainable growth and innovation." As one of India’s leading players in oleochemicals, surfactants, and biotech,…

13 Nov

National Education Day: TKM expands training programs to empower 1,200 students, including 600 women

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Celebrating National Education Day, Toyota Kirloskar Motor (TKM) has reaffirmed its commitment to bridging the skills gap in India through a wide range of impactful initiatives. With a strong focus on empowering economically underprivileged youth across Karnataka and India, TKM’s educational and vocational training programs are creating pathways to employment, fostering self-reliance, and contributing to India’s industrial growth. A key pillar of TKM's mission is the Toyota Technical Training Institute (TTTI), established in 2007. For over 15 years, TTTI has been providing free, high-quality education to youth from economically underprivileged sections, specializing in automobile manufacturing. In line with its commitment…

13 Nov

Coal imports gain 2.2% in April-August: India aims to achieve self-sufficiency

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New Delhi, Nov 12 (PTI) Coal imports rose 2.2 percent to 111.20 million tonnes in the April-August period of the current fiscal as against 108.81 million tonnes in the same period a year ago, an official release said on Tuesday. However, the non-regulated sector witnessed a decline of 10.3 per cent during the April-August period as compared to the same period last year, the Coal Ministry said in the release. In value terms, the total imported coal during April-August 2024-25 was worth Rs 120,532.21 crore. Despite a 4.97 percent increase in coal-based power generation from April to September 2024 over…