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18 Nov

Crompton Greaves shares increase 7% on the back of a stellar second quarter performance

Priyanka RoyBusiness, News

Shares of Crompton Greaves Consumer Electrical rose 7 per cent after the company reported a rise in its consolidated net profit and revenue for the quarter ended September. At 1.40 pm, Crompton Greaves shares were trading 4 per cent higher at Rs 385. The stock has gained 23 per cent on a year-to-date basis, outperforming the Nifty 50, which rose 8 per cent during the same time frame. The company reported a 27.8 per cent rise in consolidated net profit to Rs 124.9 crore, while revenue from operations rose 6.4 per cent to Rs 1,896 crore. Segment-wise, revenue from electric…

18 Nov

Ray-Ban® launches “CHANGE”: A revolution in eyewear technology

Business BureauBusiness

Ray-Ban® has once again pushed the boundaries of eyewear innovation with the launch of the Ray-Ban® CHANGE, powered by Transitions® technology. Known for blending timeless design with cutting-edge features, Ray-Ban has introduced light-responsive frames that change color depending on lighting conditions. When exposed to UV light, the frames adjust their tone, creating a personalized, dynamic look as wearers transition from indoor to outdoor environments. Inspired by the iconic Original Wayfarer® and the contemporary Wayfarer® Oval, Ray-Ban CHANGE offers eyewear in sun and optical styles, featuring uniquely patterned pigments that evolve in response to sunlight. Each pair of frames features photochromic…

18 Nov

Duroply sets new standard with superior calibration plywood, boost durability and aesthetic appeal

Business BureauBusiness

Duroply, a leading name in the Indian plywood industry with over 68 years of expertise, has launched its Superior Calibration plywood range, aiming to revolutionize interior design and furniture making. This innovative plywood offering promises enhanced durability, minimal wastage, and a flawless finish, making it ideal for residential and commercial projects. Abhishek Chitlangia, President of Manufacturing at Duroply, highlighted the company’s commitment to excellence, stating, “Our Superior Calibrated Plywood ensures flawless flat surfaces, enhancing the beauty and durability of interiors, whether in homes, offices, or commercial spaces.” The key feature of Duroply’s new plywood is its consistent thickness with a…

18 Nov

Indian Olympic medalists honored with MG Windsor for their excellence at Paris 2024

Business BureauBusiness

In a grand celebration of India’s sporting excellence at the 2024 Paris Olympics, JSW Sports and JSW MG Motor India felicitated the nation’s medalists with the MG Windsor, India’s first Intelligent CUV. The medalists, who excelled in disciplines like Javelin Throw, Pistol & Rifle Shooting, Wrestling, and Hockey, were awarded the keys to the cutting-edge vehicle at a special event in Chandigarh. The MG Windsor, which has disrupted the Indian electric passenger car market, combines the comfort of a sedan with the expanse of an SUV, providing a business-class experience. With a futuristic design, spacious interiors, and high-tech features, it…

16 Nov

Narmada Agrobase Q2 results: Company reports jump in net profit on lower expenses

Priyanka RoyBusiness, News

Narmada Agrobase Ltd has reported a manifold jump in net profit to Rs 1.29 crore in the July-September quarter on lower expenses. Revenue from operations for the second quarter of 2024-25 stood at Rs 10.24 crore as against Rs 11.40 crore in the previous year, the company said in a statement. Expenses declined to Rs 8.51 crore in the second quarter of FY25 from Rs 11.24 crore in the year-ago period. Operating profit or earnings before interest and tax depreciation amortisation increased to Rs 2.06 crore due to lower inventory and raw material costs. The company remains optimistic about its…

16 Nov

Nissan kicks off an exclusive ‘Weekend Carnival’

Business BureauBusiness

Nissan Motor India is delighted to announce the ‘Weekend Carnival’ across its dealership network in India between November 15-17. The weekend carnival aims to bring together existing and prospective Nissan customers and their families for an unforgettable experience with exciting prizes, lucky draws, and fun activities. All Nissan showrooms will offer a warm and welcoming atmosphere for the guests to enjoy, with an interactive showcase of Nissan vehicles. Guests can test-drive the New Nissan Magnite and Nissan X-TRAIL and participate in family-oriented games and contests. There will also be a dedicated play corner for kids of all age groups. Existing…

16 Nov

7 essential vaccinations for children after 1 year: Key to healthy growth and development

Business BureauBusiness

Despite high immunisation coverage in the first year of life, a significant number of children in India remain partially vaccinated after their first birthday. The Indian Academy of Pediatrics (IAP) stresses the importance of ensuring children receive crucial vaccinations even beyond the age of 1 to protect them from preventable diseases and ensure healthy growth and development. Dr. Nirmal Kumar Jain, Senior Child Specialist at the Institute of Human Reproduction in Guwahati, highlights the need for 7 essential vaccinations for children aged 1 to 2 years: two doses of chickenpox and hepatitis A, a second dose of meningitis and MMR,…

16 Nov

UTI Mutual Fund opens new financial centre in Raiganj to boost financial inclusion

Business BureauBusiness

UTI Asset Management Company (UTI AMC), one of India's leading asset management firms, has announced the opening of its new UTI Financial Centre (UFC) in Raiganj, West Bengal. The centre, located on the first floor beside the SBI Main Branch on M G Road, aims to foster greater financial inclusion in the region. This launch is part of UTI AMC's broader initiative to open 19 new UFCs across South, East, and Northeast India, scheduled for November 18, 2024. The company seeks to strengthen its presence in Tier-II and Tier-III cities, commonly referred to as B30 cities, with the goal of…

16 Nov

UTI Mutual Fund expands reach with new financial centre in Birbhum

Business BureauBusiness

UTI Asset Management Company (UTI AMC), one of India's leading asset management firms, is set to open a new UTI Financial Centre (UFC) in Birbhum, West Bengal. Located at Pankajini Lodge, Ground Floor, Shantiniketan Road, Bhubandanga, Bolpur, this centre will be part of a broader initiative to open 19 new UFCs across South, East, and Northeast India on November 18, 2024. The move is aimed at enhancing financial inclusion and offering greater accessibility to mutual fund investments, particularly in smaller cities and towns. UTI aims to bring investors from B30 cities into the mainstream financial ecosystem, thus promoting wider participation…

16 Nov

UTI Mutual Fund expands presence with new financial centre in Begusarai

Business BureauBusiness

UTI Asset Management Company (UTI AMC) has announced the opening of its new UTI Financial Centre (UFC) in Begusarai, Bihar, marking a significant step in its expansion drive. The centre, located at Radha Krishna Market, Patel Chowk, Begusarai, will cater to investors in the region and further strengthen UTI’s footprint across India. This launch is part of UTI AMC's broader initiative to open 19 new UFCs in South, East, and Northeast India on 18th November 2024, reflecting the company’s commitment to promoting financial inclusion. The new financial centres aim to bring investors from B30 cities and beyond into the mutual…