Business - The Purbottar

26 Aug

Aeron Composite Ltd plans Rs. 56.10 crore IPO, opens August 28

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Aeron Composite Ltd, a leading manufacturer of fiber glass reinforced polymer products, is set to raise up to Rs. 56.10 crore through its upcoming initial public offering (IPO). The public issue will open for subscription on August 28 and close on August 30, 2024. The company will issue 44.88 lakh equity shares with a face value of Rs. 10 each, priced between Rs. 121 and Rs. 125 per share. The funds raised will be directed towards setting up an additional manufacturing unit in Mehsana, Gujarat, and for general corporate purposes. Hem Securities Ltd is the book running lead manager for…

26 Aug

Gold price plunge in India: Check 22 carat price in your city on August 25

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Gold price in India today: On August 25, gold prices in India were around Rs 73,000 per 10 grams. The rate of 24 carat gold of highest purity was Rs 73,040 per 10 grams. For those considering jewellery, 22-carat gold, known for extra durability due to its light alloy mix, was priced at Rs 66,950 per 10 gram.In contrast, the price of silver was Rs 88,000 per kg. retail cost of gold in india The retail price of gold in India, which represents the final cost per unit weight to consumers, is shaped by many factors beyond its intrinsic value.

24 Aug

Celebrating Women’s Equality Day: Toyota Kirloskar Motor Advances Gender Equality with New Initiatives

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In recognition of Women's Equality Day on August 26th, Toyota Kirloskar Motor (TKM) reaffirms its steadfast commitment to advancing gender equality and empowering women within its workforce and beyond. Aligning with the United Nations Sustainable Development Goals (SDGs), particularly SDG 5 (Gender Equality) and SDG 8 (Decent Work and Economic Growth), TKM has initiated a series of transformative measures aimed at fostering an inclusive and diverse workplace. As part of its long-term vision, TKM has set a target to increase the representation of women in its workforce to 30% by 2030. To achieve this, TKM has implemented a series of…

24 Aug

Rupee upgrade 5 paise to 83.88 against US dollar in early trade

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The rupee traded in a tight range and rose 5 paise to 83.88 against the US dollar in morning trade on Friday, supported by softening crude oil prices and fresh foreign fund inflows.Forex traders said the significant improvement in oil prices, which are around US$77 per barrel, is a big positive sign for the rupee, given India's substantial oil imports.At the interbank forex market, the local unit opened at 83.93 and then gained ground to touch 83.88, registering a rise of 5 paise from its previous close.Amit Pabari, MD, CR Forex Advisors said that “Despite the dollar index hitting recent…

24 Aug

Max Life expands reach with ‘Aarohan’ initiative in East India

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Max Life Insurance Co. Ltd. has unveiled its ambitious ‘Aarohan’ initiative, significantly broadening its distribution network by opening 21 new offices in Tier 3 and Tier 4 cities across East India. This strategic move aims to boost insurance penetration in these underserved markets through enhanced consumer awareness programs and the recruitment of local life advisors.The ‘Aarohan’ initiative will see Max Life’s footprint extend to new territories, with a focus on improving access to life insurance services in areas with historically limited coverage. This expansion aligns with the company's goal of reaching more communities and enhancing financial security in emerging markets.…

24 Aug

Dr. Reddy’s sets Guinness World Record with Glycemic Happiness awareness initiative

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Dr. Reddy’s Laboratories Ltd. has achieved a Guinness World Record for creating the largest brochure mosaic (logo) installation, spanning 162 square meters. This achievement is part of the company's groundbreaking Glycemic Happiness awareness initiative, aimed at improving the psychosocial well-being of over 30,000 diabetes patients across India. The initiative highlights the importance of ‘glycemic happiness’—a concept developed in collaboration with leading endocrinologists and diabetologists. Dr. Reddy’s also introduced a unique ‘Glycemic Happiness Scale’ to help healthcare professionals gauge the emotional and psychological state of diabetes patients, marking a significant step toward holistic diabetes management. Kolkata’s healthcare market is expected to…

23 Aug

Grand opening of Kaanha Kia: A new era in automotive excellence

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Kaanha Kia, the largest and newest automobile showroom in the region, celebrated its grand opening today in Gossainpur, Bagdogra. The state-of-the-art facility marks a significant expansion for Kia Motors, underscoring its dedication to innovation and quality in the automotive industry. The showroom, unveiled on August 23, 2024, features an extensive lineup of Kia vehicles, including the latest models and cutting-edge electric cars. Whether customers are in the market for a robust SUV or a high-tech electric vehicle, Kaanha Kia offers a diverse selection to meet all automotive needs. Kaanha Kia promises more than just a vehicle purchase. The showroom is…

23 Aug

Dr Batra’s® Healthcare expands to Siliguri with new clinic offering advanced homeopathic treatments

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Dr Batra’s® Healthcare, the world’s largest chain of homeopathic clinics, has announced the opening of its first clinic in Siliguri, marking its 11th location in West Bengal. The inauguration event was graced by Ana Tamang, influencer and video creator, and Mr. Sanjoy Mukerji, Group CEO of Dr Batra’s® Group of Companies. Dr Batra’s® Healthcare, founded by Padma Shri Dr. Mukesh Batra in Mumbai in 1982, is renowned for its commitment to homeopathic medicine, which is the second-largest medical system globally. The clinic has treated over 15 lakh patients with a 91% success rate, verified by American Quality Assessors. The Siliguri…

23 Aug

Flipkart Samarth marks 5 years with a vision to empower artisans and upskill youth

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Flipkart’s Supply Chain Operations Academy (SCOA) exchanged an MoU with the Ministry of Skill Development and Entrepreneurship (MSDE) to upskill thousands of employable youth across India. Flipkart, India’s homegrown e-commerce marketplace, celebrated its 5-year journey milestone through an event dedicated to Empowering India’s Artisans, Weavers, SHGs, Women & Rural entrepreneurs. The event was attended by over 250 industry leaders, sellers, artisans, weavers, craftsmen and SHGs, aimed to celebrate and elevate the rich cultural heritage of India, which witnessed the presence of esteemed dignitaries, including the Shri Jayant Chaudhary, Hon'ble Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship…

23 Aug

NSDC International and TalentCorp ink MoU to enhance digital skilling in Malaysia

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NSDC International, a subsidiary of the National Skill Development Corporation (NSDC), has signed a Memorandum of Understanding (MoU) with Talent Corporation Malaysia Berhad (TalentCorp). This agreement, signed at Kaushal Bhawan, aims to revolutionize Malaysia's talent ecosystem and strengthen bilateral relations between India and Malaysia.The MoU was formalized by Shri Ved Mani Tiwari, Managing Director and CEO of NSDC International, and Mr. Thomas Mathew, Group CEO of TalentCorp. The event saw the presence of notable dignitaries, including Shri Jayant Chaudhary, Minister of State for Skill Development and Entrepreneurship, and YB Steven Sim Chee Keong, Minister of Human Resources for Malaysia. Shri…