Business

29 Mar

Mandi prices of pulses and oilseeds downfall below MSP

Priyanka RoyBusiness, News

Mandi prices of pulses and oilseeds fell below MSP, forcing the government to increase procurement. Prices of tur, chana and mustard declined due to favourable crop prospects and imports.Mandi prices of most varieties of pulses and oilseeds are trading below the respective minimum support price (MSP), forcing the government to increase procurement of these commodities at the respective minimum support price (MSP).According to trade sources, market prices have declined due to encouraging crop prospects and liberal imports.Mandi prices of tur in Latur (Maharashtra) on Friday were in the range of Rs 6800 per quintal to Rs 7400 per quintal as…

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28 Mar

UltraTech Cement shares surge as it launches multiple brownfield expansions

Priyanka RoyBusiness, News

UltraTech Cement shares rose marginally to Rs 11,639 per share on March 27. The company announced the successful launch of multiple brownfield expansions across India, further adding to its production capacity. In the past month, the stock of this cement giant has jumped 14 percent, significantly outperforming the benchmark Nifty 50 index, which registered a gain of 6 percent during the same period. UltraTech Cement has started operations at its Maihar facility in Madhya Pradesh with one of the two planned cement mills (2.7 MTPA) having a clinker capacity of 3.35 million tonnes per annum (MTPA). The second grinding mill…

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28 Mar

NSDC, IIT Mandi & NCU Gurugram collaborate to launch B.Tech in Semiconductor Design

Business BureauBusiness

In a significant move to strengthen India’s semiconductor industry, the National Skill Development Corporation (NSDC), IIT Mandi, and The NorthCap University (NCU), Gurugram, have signed a Memorandum of Understanding (MoU) to introduce a B.Tech. ECE in Semiconductor Design and Technology. The agreement was formalized at KaushalBhawan, New Delhi. The four-year, eight-semester program aims to equip students with industry-relevant knowledge and hands-on training in advanced semiconductor engineering, covering subjects such as nanotechnology, semiconductor fabrication, and semiconductor equipment design. IIT Mandi will provide faculty expertise and conduct immersive lab-based training, while NCU will confer the degree, integrating 25 credits in application-oriented learning.…

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28 Mar

Panasonic unveils 2025 AC line-up in East India, eyes strong growth in Guwahati

Business BureauBusiness

Panasonic Life Solutions India has introduced its 2025 range of residential air conditioners (RACs) in East India, designed to withstand extreme temperatures of up to 55°C. With 61 new models across 1.0, 1.5, and 2.0-ton capacities, the latest lineup aims to enhance smart living through advanced technologies like Matter, Miraie, AI-driven features, and nanoe air purification. The new range is now available across leading retail stores, e-commerce platforms, and the Panasonic Brand Store. Abhishek Verma, Business Head, Air Conditioners Group, PMIN, PLSIND, highlighted the growing demand for air conditioners in India, where penetration remains at 7-8%. "Panasonic ACs recorded a…

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28 Mar

MSDE launches DBIM-compliant website to enhance digital governance

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) has launched its DBIM-compliant website, marking a major step toward India’s digital governance transformation. The new platform aligns with the Digital Brand Identity Manual (DBIM) Version 3.0, introduced by the Ministry of Electronics and Information Technology (MeitY), ensuring seamless accessibility, uniformity, and ease of navigation for users. The AI-powered website features multi-language support through Bhashini, persona-led navigation, and centralized content management. With its three-click approach, citizens can quickly access essential skilling resources and government services. Launching the website, the Hon’ble Minister of State (Independent Charge), MSDE, stated, "The DBIM framework strengthens the…

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28 Mar

Tata AIA launches tax bonanza funds to tap India’s consumption boom

Business BureauBusiness

Tata AIA Life Insurance has introduced two new fund offerings (NFOs) to capitalize on India’s rising consumption trends, fueled by recent tax reforms. The Tata AIA Life Tax Bonanza Consumption Fund and Tata AIA Life Tax Bonanza Consumption Pension Fund aim to provide investors with long-term growth opportunities while ensuring financial security. The NFOs will be available from March 24 to 31, 2025, with units priced at ₹10 each. The Union Budget 2025 has reduced tax liabilities, increasing disposable incomes and boosting spending across sectors like FMCG, retail, e-commerce, and automobiles. With over 50% of India’s population under 25, the…

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28 Mar

Ayurveda expert recommends 7-day diet plan for seasonal change

Business BureauBusiness

As the seasons shift from winter to spring, Ayurveda expert Dr. Madhumitha Krishnan emphasizes the importance of a balanced diet to prevent seasonal health issues. According to Ayurveda, this transitional period, known as Sandhi Kala, disrupts the body's Doshas—Vata, Pitta, and Kapha—leading to digestive issues, weakened immunity, and respiratory problems. Dr. Krishnan recommends consuming warm, well-cooked meals and incorporating natural immunity boosters like homemade ghee, vegetable soups, and a handful of almonds. She has outlined a 7-day Ayurvedic meal plan designed to support digestion, boost immunity, and maintain overall well-being. The diet includes nutrient-rich dishes such as methithepla with curd,…

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27 Mar

Natraj Pipes welcomes Sourav Ganguly as brand ambassador, expands production capacity

Business BureauBusiness

Natraj Pipes, a leading name in PE and uPVC piping solutions under Prabhu Poly Pipes Limited, proudly announced the onboarding of cricketing legend Sourav Ganguly as its brand ambassador. The milestone announcement was made on World Water Day at an exclusive press conference at Taj Bengal, Kolkata, reinforcing the company’s commitment to innovation, sustainability, and nation-building. In line with India’s infrastructure growth and the government’s vision for a “Viksit Bharat,” Natraj Pipes is significantly expanding its manufacturing capacity. The company is increasing its uPVC pipe and fittings production from 8,000 to 12,000 tons annually and its HDPE pipes and fittings…

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27 Mar

HAL shares jump 3% as GE Aerospace delivers first engine for Tejas Mk 1A

Priyanka RoyBusiness, News

Hindustan Aeronautics (HAL) shares jumped over 3 percent on March 26 after GE Aerospace announced that it has delivered the first of 99 F404-IN20 engines for the Tejas Light Combat Aircraft Mk 1A fighter jet. HAL shares were trading at Rs 4,152 per share at noon. Speaking about the latest development, GE Aerospace said, "This is an important milestone in our 40-year relationship with HAL and our efforts to ensure a strong future for India's military by developing next-generation fighter aircraft while enhancing the country's defence manufacturing capabilities.GE Aerospace has a strong history of military jet propulsion collaborations in India."…

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26 Mar

Johnson’s Baby eyes market growth with new campaign featuring Anil & Sonam Kapoor

Business BureauBusiness

Johnson’s Baby has launched a new digital campaign featuring Bollywood’s Anil and Sonam Kapoor, emphasizing the science behind baby eye care. The campaign highlights that babies blink less frequently than adults, making their eyes more vulnerable to irritants. https://www.youtube.com/watch?v=sCFKEyF57L4 Conceptualized by DDB Mudra, the ad film showcases a playful staring contest between Anil Kapoor and a baby, creatively demonstrating the importance of using gentle, tear-free products. Johnson’s Baby, a market leader in baby skincare, pioneered its No More Tears® formula to ensure irritation-free cleansing. The company will drive engagement through influencer partnerships and retail activations. Manoj Gadgil, VP Marketing at…

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