Business - The Purbottar

23 Sep

Gold prices gain due to improvement in rural areas and strong demand due to festive season: World Gold Council

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New Delhi: According to the latest report of the World Gold Council, gold prices are witnessing a strong surge in both international and domestic markets, and jewellery buying and investment activities are expected to continue.Especially rural demand is showing signs of improvement. This year, due to better monsoon and higher crop sowing, the rural economic situation is expected to be strong, which is expected to increase gold purchases during the festivals.The report pointed out that gold prices continued to strengthen in September. International gold prices rose by 2.8 percent, while domestic prices rose by 1.6 percent in the same period.…

21 Sep

Housing sales may downturn 18% in September quarter

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New Delhi: Home sales across nine major cities are estimated to have declined 18% during the July-September quarter to 1,04,393 units on a high base, according to data from PropEquity. Real estate data analytics firm PropEquity on Friday released home sales data across nine major cities.Sales during the same period last year stood at 1,26,848 units.According to the data, only Delhi NCR (22%) and Navi Mumbai (4%) are expected to witness an increase in housing sales during the July-September period this year.Sales are expected to decline in the other seven cities, with Hyderabad reporting the highest drop of 42%, followed…

21 Sep

ICICI Prudential announces ‘ICICI Pru Signature Pension’ for smart retirement planning

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ICICI Prudential Life Insurance has launched a groundbreaking retirement product, 'ICICI Pru Signature Pension,' designed to align with India’s economic growth while providing robust retirement savings options. This market-linked pension plan allows investors to leverage up to 100% equity exposure, maximizing their potential returns in a growing economy. The plan stands out with its flexibility, offering tax-free withdrawals of up to 60% of the accumulated fund value. Customers can also make partial withdrawals to address unexpected financial needs. Additionally, the waiver of premium add-on benefit ensures that the retirement plan remains uninterrupted in cases of critical illness or permanent disability.ICICI…

21 Sep

Anytime Fitness sets sights on Kolkata for expansion amid rising fitness demand

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Anytime Fitness, the global leader in fitness chains, is ramping up its presence in Kolkata and other eastern Indian cities due to a surge in demand for high-quality fitness facilities. The city's growing interest in holistic wellness and accessible fitness options has fueled the expansion, reflecting a broader regional shift towards healthier lifestyles. Vikas Jain, Managing Director of Anytime Fitness India, highlighted the increased franchise interest, stating, "Kolkata’s fitness enthusiasm is inspiring. Despite the challenges posed by the COVID-19 pandemic, we’ve expanded to four gyms in Kolkata and three in Ranchi, with more growth anticipated." The move aligns with West…

21 Sep

Isuzu announces new cab-chassis variant to boost commercial vehicle range in India

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Isuzu Motors India has expanded its D-MAX lineup with the introduction of the new 1.7 Single Cab Cab-Chassis Std variant, tailored for the commercial sector. This latest addition aims to meet the diverse needs of businesses engaged in long-haul trips, including sectors like perishables, FMCG, and food delivery. The new D-MAX variant is powered by a robust 2.5-liter ISUZU 4JA1 engine and features a high-tensile steel cab built on a heavy-duty iGRIP chassis. It boasts advanced safety features including front and rear crumple zones, a cross car front beam, and a Brake Override System (BOS) for enhanced driver safety. The…

21 Sep

Campus Opens New Exclusive Store in Shibpur, Howrah with Grand Discounts

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Campus, a prominent name in sports and athleisure footwear, has announced a new retail store in Shibpur, Howrah, West Bengal. The store, covering 1,057 sq. ft., is situated at Vivek Vihar, GT Road, and showcases a broad selection of modern sneaker styles, including the popular Nitro Fly and Nitro Boost ranges. The grand opening comes with enticing promotions, offering up to 50% off and additional discounts on purchases. This launch reflects Campus’ commitment to enhancing customer experience and meeting growing demand. "We're thrilled to launch in Shibpur, marking our continued journey in delivering quality and style," said Mr. Nikhil Aggarwal,…

21 Sep

Campus launches exclusive retail store in Muzaffarpur with special discounts

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Campus, a prominent name in India’s sports and athleisure footwear market, has opened a new exclusive retail store at Icon Plaza, Muzaffarpur. Spanning 628 sq. ft., the store showcases a range of trendy and high-quality sneakers, including the Nitro Fly and Nitro Boost collections. This launch marks a significant step in Campus’s expansion strategy, focusing on enhancing customer experiences through its multi-channel approach. To celebrate the grand opening, Campus is offering discounts of up to 50% along with additional promotions. The new store, located on the First Floor, Shop Number FF-5 & 6 of Icon Plaza, aims to cater to…

21 Sep

Jayant Chaudhary launches skill development initiatives in Ranchi to empower women and youth

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In a move to foster community development and entrepreneurship, the National Skill Development Corporation (NSDC), under the Ministry of Skill Development and Entrepreneurship, has launched a suite of skill development programs in Ranchi. The initiatives, inaugurated by Shri Jayant Chaudhary, Minister of State (I/C), Ministry of Skill Development and Entrepreneurship, and Shri Sanjay Seth, Minister of State, Ministry of Defence, aim to uplift local women and youth through diverse training opportunities. The new programs include upskilling women in millet food processing, bamboo handicraft training for tribal women, and recognition of prior learning (RPL) for 'Rani Mistris'—female masons. Additionally, the launch…

20 Sep

Indus Towers shares plunge 13% after Supreme Court rejects recalculation of AGR case

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Indus Towers shares on Thursday tumbled 13 per cent to hit a low of Rs 366.30 on the BSE following the Supreme Court's verdict in the adjusted gross revenue (AGR) case. The court rejected the telcos' request for recalculation.The Supreme Court upheld its previous decision on the AGR issue and insisted that telecom companies pay the entire amount of AGR dues.Last year, Airtel and Vi had appealed to the Supreme Court to reconsider its earlier verdict, which had rejected their claims of arithmetical errors in calculation of AGR dues by the Department of Telecommunications (DoT), and sought an open court…

20 Sep

Mahindra expands Saarthi Abhiyaan: 1000 new scholarships for truck drivers’ daughters

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Mahindra Truck and Bus Division (MTBD) has announced the continuation of its annual Saarthi Abhiyaan initiative, offering 1000 new scholarships worth Rs. 10,000 each to meritorious daughters of truck drivers for the fiscal year 2025. This program, launched in 2014, has already benefitted 10,029 young women, supporting their educational pursuits irrespective of their fathers' association with Mahindra vehicles. In commemoration of Drivers Day 2024, the scheme underscores Mahindra’s commitment to enhancing educational opportunities for truck drivers’ daughters. Each selected student will receive a scholarship and a certificate, with distribution planned from February to March 2025 at various transport hubs across…