Business - The Purbottar

12 Jul

Mahindra unveils XUV 3XO REVX series from Rs 8.94 lakh, strengthens compact SUV portfolio

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Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, has announced the launch of its new XUV 3XO REVX series, starting at ₹8.94 lakh (ex-showroom). With this launch, Mahindra expands its presence in the highly competitive compact SUV segment, offering a blend of premium features, performance, and design at an accessible price point. The REVX series includes three variants—REVX M, REVX M(O), and REVX A—powered by the 1.2L mStallion TCMPFi and TGDi engines, delivering up to 96 kW power and 230 Nm torque. Key highlights include black alloy wheels, dual-tone roof, leatherette seats, panoramic sunroof, twin 26.03 cm HD screens, Adrenox…

11 Jul

Aluminium futures prices upgrade on new deals

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New Delhi, Aluminium prices rose marginally to Rs 250.90 per kg in futures trade on Friday as speculators created new deals amid positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for August delivery rose 5 paise or 0.02 per cent to Rs 250.90 per kg in a business turnover of 1,202 lots. Analysts said buying of new deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

11 Jul

Why Early Conversations About Fertility Are the Best Investment in Your Future Family

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In India, fertility comes into discussion only when a couple is attempting to conceive. This delay in conversation means many to lose the chance to know and prepare for their reproductive life in advance. Since fertility education is not included in our school curriculum, young adults are likely to grow up without knowledge of how age, health, and lifestyle issues can affect fertility in the long term. Starting these conversations sooner, ideally during late adolescence, can have immense long-term benefits. A woman's fertility peaks at her early 20s, yet this is also the period when most are focused on careers…

10 Jul

TCS Q1 earnings: Net profit upgrade 6%, revenue up 1.3%; company announces ₹11 per share dividend

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The country's largest information technology company, Tata Consultancy Services (TCS), on Thursday, July 10, reported a net profit of ₹12,760 crore in the first quarter of the current financial year, up 6% from ₹12,040 crore in the same period last year. On a sequential basis, TCS' net profit rose 4.38% from ₹12,224 crore. The profit figures were better than HSBC estimates as analysts at HSBC expected the country's third-largest company by market capitalisation to report a net profit of ₹11,925 crore. Its operating revenue rose 1.3% to ₹63,437 crore as against ₹62,613 crore in the same period a year ago.…

10 Jul

MoS Margherita’s Cambodia visit reinforces India’s cultural and strategic ties

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Union Minister of State for External Affairs and Textiles, Pabitra Margherita, is on an official visit to Cambodia and Malaysia to bolster India’s ties with ASEAN nations. Starting his Cambodia leg on July 6, the Minister paid homage to the Father of the Nation and interacted with ITEC and ICCR alumni, alongside Cambodian dignitaries. On July 7, MoS Margherita met with Cambodian Senate President H.E. Hun Sen and Prime Minister H.E. Hun Manet to discuss avenues for deepening the India-Cambodia development partnership. He also had a Royal Audience with His Majesty King Norodom Sihamoni and conveyed greetings from India. “Reaffirmed…

10 Jul

‘Wellness is not an event, it’s a way of life’: Yasmin Karachiwala and Soha Ali Khan share parenting mantras on fitness and food

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Bollywood fitness trainer Yasmin Karachiwala and actress Soha Ali Khan, despite hailing from different professional worlds, have found common ground when it comes to parenting. In a recent interaction, the duo opened up about how they are raising their children with wellness at the core of their family life. Their shared mantra — “Wellness is not an event; it’s a way of life” — forms the foundation of their approach to movement, nutrition, and daily rituals. Soha Ali Khan, known for her candid takes on motherhood, believes in making movement a joyful and daily habit. For her, it's not about…

10 Jul

Bandhan Mutual Fund unveils multi-factor equity scheme to navigate market cycles

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Bandhan Mutual Fund has launched the Bandhan Multi-Factor Fund, a new open-ended equity scheme designed to leverage a dynamic multi-factor quantitative model. The fund integrates four proven investment factors—Momentum, Value, Quality, and Low Volatility—into one diversified portfolio, aiming to enhance risk-adjusted returns while adapting to changing market conditions. The New Fund Offer (NFO) opens on July 10 and closes on July 24, 2025. Investors can participate through registered distributors, online platforms, or directly via the Bandhan Mutual Fund website. Vishal Kapoor, CEO of Bandhan AMC, said, “Multi-factor investing has become a powerful strategy in today’s volatile markets. Each factor performs…

10 Jul

Hindware expands retail footprint in Kolkata with new brand store

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Hindware Limited, a leading name in India’s bathware industry, has expanded its footprint in eastern India with the launch of a new state-of-the-art Premiere Brand Store in Ichapore, Kolkata. Named ‘Tirupati Sales Corporation’, the store marks Hindware’s fourth outlet in the city and the 30th across West Bengal. The new store is designed to provide customers, architects, and interior designers with an immersive experience, showcasing Hindware’s full suite of products. This includes innovative sanitaryware, designer faucets, modern showers, intelligent toilets, and premium offerings from Queo and Hindware Italian Collection. Kolkata continues to emerge as a key market for bathware products,…

10 Jul

Etihad to launch A321LR flights to Kolkata from September 26

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Etihad Airways will upgrade its Kolkata-Abu Dhabi route to the state-of-the-art Airbus A321LR starting September 26, 2025, delivering a premium travel experience across all cabin classes. The airline announced that the new aircraft will feature luxury First Suites, fully lie-flat Business Class seats, and next-generation Economy seating with 4K touchscreens and high-speed WiFi. With the A321LR, Etihad brings wide-body comfort to a single-aisle aircraft, underscoring its strong commitment to the Indian market. “India is a key market for Etihad, and we are delighted to elevate our Kolkata service with our latest A321LR aircraft,” said Arik De, Chief Revenue and Commercial…

09 Jul

Union Bank of India shares downturn 6% as lender sees weakest loan growth in four quarters

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Shares of Union Bank of India fell nearly 6% to a low of ₹141.54 per share after the state-run bank shared its business updates for the April-June quarter of FY2025-26. The bank has witnessed the lowest loan growth in four quarters. The total global business of this public sector bank stood at ₹22.14 lakh crore, up 5.01% to ₹22.14 lakh crore from ₹22.08 lakh crore in Q1 FY2024. Sequentially, it has witnessed a decline of 1.80%. On the deposit front, the total global deposits of Union Bank grew 3.63% year-on-year to ₹12.39 lakh crore in Q1 FY2026. However, it declined…