Business - The Purbottar

04 Nov

ABB Robotics and NAMTECH partner to launch India’s pioneering school of robotics

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ABB Robotics and New Age Makers’ Institute of Technology (NAMTECH) have signed a Memorandum of Understanding (MoU) to establish India’s first School of Robotics, slated to open in 2025. This collaboration aims to bridge the skills gap in robotics and automation, aligning with India’s “Atmanirbhar Bharat” vision for self-reliance in the manufacturing sector. The school will integrate ABB’s global expertise with NAMTECH’s innovative educational approach to develop a curriculum that fosters skills essential for the future of work. “This partnership will create a globally competitive talent pool, empowering India’s youth with industry-relevant robotics skills,” said Subrata Karmakar, President, ABB Robotics…

04 Nov

Mahindra unveils Electric SUVs, XEV 9e and BE 6e, set for World Premiere in Chennai

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Mahindra & Mahindra is gearing up to debut two new electric SUVs, XEV 9e and BE 6e, under its Electric Origin brand at the Unlimit India World Premiere scheduled for November 26 in Chennai. These flagship models, built on the all-new INGLO architecture, signal Mahindra’s ambitious push into the electric vehicle (EV) market with designs that prioritize safety, performance, and sustainability. The INGLO platform embodies an Indian heart with a global outlook, boasting state-of-the-art technology and safety features. The XEV 9e focuses on redefining electric luxury, while the BE 6e promises athletic performance, combining Mahindra’s innovative engineering with intuitive and…

04 Nov

Indian Embassy in Peru celebrates India’s new classical languages with cultural showcase

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The Indian Embassy in Lima, Peru, recently celebrated the recognition of Assamese, Bengali, Marathi, Pali, and Prakrit as classical languages by the Indian government, a move that now brings India’s total count of classical languages to eleven. This distinction was marked by a vibrant event, where both the Indian diaspora and distinguished Peruvian guests gathered to appreciate the cultural significance and historical roots of these languages. Indian Ambassador Vikas Sapkal opened the ceremony, underscoring the Indian government’s dedication to supporting regional languages through funding and research initiatives, aiming to promote and preserve linguistic heritage. Ambassador Sapkal emphasized that the recognition…

02 Nov

TVS Motor total sales upsurge 13% in October 2024

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The two-wheeler manufacturer's total sales grew 13% to 489,015 units in October 2024, as against 434,714 units sold in October 2023.Total two-wheeler sales registered a growth of 14%, growing from 420,610 units in October 2023 to 478,159 units in October 2024.Domestic two-wheeler sales stood at 390,489 units in October 2024, up 13% from 344,957 units sold in October 2023.Motorcycle sales stood at 230,822 units in October 2024, registering a growth of 14% as compared to 201,965 units in October 2023. Scooters registered a growth of 17%, with sales increasing from 165,135 units in October 2023 to 193,439 units in October…

31 Oct

Vi enhances Deepawali celebrations with exclusive rewards for subscribers

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This Deepawali, Vi is lighting up the festive spirit by offering its subscribers a chance to win rewards worth up to Rs 3,499. From now until November 3, customers can enjoy exclusive offers on the Vi App, enhancing their recharge experience during the festivities. As part of this initiative, subscribers who recharge through the Vi App will have the opportunity to spin a wheel for assured rewards, including additional data packs ranging from 1GB to 30GB, discount coupons from popular online platforms, and the coveted Rs 3,499 annual recharge pack. Participants can spin the wheel and answer a simple question…

31 Oct

Indus Towers distributes 1,550 relief kits to flood-affected families in Sitamarhi

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Indus Towers, a prominent telecom infrastructure provider, has extended support to flood-stricken families in Bihar’s Sitamarhi district, distributing 1,550 relief kits through its CSR initiative, Pragati. The distribution took place at Harivansh Middle School, Bishnupur, in the presence of Mr. Binod Prasad Singh, Mukhiya of Panchayat Barheta, who praised the company’s timely assistance. “This initiative by Indus Towers brings crucial relief during this calamity. Their prompt response, with resources and restored connectivity, is invaluable for our community,” said Mr. Singh, emphasizing the importance of collective support in disaster recovery. A dedicated team of 22 volunteers from Indus Towers coordinated the…

30 Oct

Oil prices gain on reports of OPEC+ delaying plans to increase production

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Oil prices rose more than 2 percent on Wednesday after Reuters reported that OPEC+ may delay oil production increases scheduled to be implemented in December by a month or more due to concerns about low oil demand and rising supplies.Brent crude futures rose $1.41, or 2 percent, to $72.53 a barrel by 1236 GMT. US West Texas Intermediate crude futures rose $1.34, or 2 percent, to $68.55 a barrel.OPEC+, a group of the Organization of Petroleum Exporting Countries and allies such as Russia, is due to raise output by 180,000 barrels a day in December. The group has cut output…

30 Oct

Utkarsh Small Finance Bank expands footprint with new branch in Chinnar Park, Kolkata

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Utkarsh Small Finance Bank Limited (Utkarsh SFBL) has inaugurated a new banking outlet in Chinnar Park, Kolkata, further strengthening its presence in the region. This latest addition marks the bank's 17th outlet in Kolkata and contributes to a total of 982 outlets nationwide. The new branch aims to enhance access to banking services for local communities. Mr. Govind Singh, Managing Director & CEO of Utkarsh SFBL, expressed enthusiasm about the expansion, emphasizing the cultural significance of Chinnar Park. He stated, "This significant step will not only support local communities in accessing banking services but will also foster economic development and…

30 Oct

Veranda Learning Solutions targets Rs 600 crore revenue in FY25 amid expansions

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Veranda Learning Solutions Ltd is setting its sights on achieving a revenue target of ₹600 crore for the financial year 2025. At its recent Annual General Meeting on September 27, 2024, the company approved a significant borrowing limit of ₹1,000 crore through the issuance of non-convertible debentures and bonds, aimed at supporting its aggressive growth strategies. In the first quarter of FY25, Veranda reported an impressive operating revenue of ₹118.99 crore, marking a substantial 72.69% increase compared to ₹68.90 crore in the previous year. The company’s EBITDA skyrocketed fivefold to ₹27.61 crore, demonstrating enhanced operational efficiency. Veranda's recent initiatives include…

30 Oct

Godrej L’Affaire lights up Diwali with heartfelt campaign #CelebratingAcceptance

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Godrej L’affaire, the lifestyle platform by Godrej Industries Group, is making waves this Diwali with a poignant new film for their #CelebratingAcceptance campaign. The film tells the story of Shlok, a young boy who learns the true meaning of love and acceptance through the gentle guidance of his neighbor Aunt. She helps him see that all relationships, including a same-sex couple portrayed by Ankit Andulekar and Shailesh Gupta, deserve respect and understanding. The film emphasizes that, “Brown or colorful, after all, every diya is made from the same clay,” a metaphor reminding viewers of the fundamental equality in all relationships.…