Business - The Purbottar

18 Jul

Skill India Mission marks decade of empowerment, 6 crore trained

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Union Minister of State (I/C) for Skill Development and Entrepreneurship, Jayant Chaudhary, today inaugurated a week-long celebration commemorating the 10-year milestone of the Skill India Mission. Coinciding with World Youth Skills Day, the event underscored the mission's profound impact, having trained over 6 crore individuals across the nation. Minister Chaudhary, describing the journey as 'Kaushal ka Dashak' (Decade of Skill), highlighted the mission's role in transforming India's youth into a dynamic workforce, both domestically and globally. He noted the consolidation of fragmented skilling efforts into a unified "whole-of-government and whole-of-society approach." Significant achievements include the Pradhan Mantri Kaushal Vikas Yojana…

18 Jul

Indian Racing League makes history with first-ever driver draft for 2025 season

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The Indian Racing Festival 2025 roared to life with a historic milestone — the Indian Racing League (IRL) conducted its first-ever official Driver Draft at Taj Lands End, Mumbai, unveiling a full lineup of 24 drivers across six city-based franchises. The event brought together franchise owners, motorsport executives, and media to mark a transformative moment in Indian motorsport, promising a more inclusive, data-driven, and competitive season ahead. Each team selected a diverse quartet comprising an international ace, a domestic Indian talent, an emerging Indian-origin or global racer, and a female driver. Notable inclusions include Neel Jani, Jon Lancaster, and Raoul…

18 Jul

Honda India Foundation launches ‘Project Buniyaad’ in Sikkim to empower youth through hospitality training

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On the occasion of World Youth Skills Day, Honda India Foundation (HIF) launched its flagship CSR initiative, Project Buniyaad, in Sikkim through a Memorandum of Understanding (MoU) signed with the Directorate of Craftsmanship Training & Scheme (DCTSE), Skill Development Department (SDD), Government of Sikkim. The MoU was formalized at Chintan Bhawan, Gangtok, in the presence of Chief Minister Prem Singh Tamang and senior officials from HIF and the state government. The initiative, part of the World Bank-supported Sikkim INSPIRES Program, aims to provide structured, industry-aligned training in the hospitality sector, complete with certification and job placement. Targeted especially at youth…

17 Jul

Tech Mahindra Q1 results: Consolidated net profit upgrade 34% y-o-y to ₹1,141 crore; revenue up 2.7%

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Tech Mahindra on Wednesday, July 16 announced that its consolidated net profit rose 34% y-o-y to ₹1,140.6 crore in Q1 FY26 from ₹851.5 crore in the same period last year. The Pune-based company's operating revenue stood at ₹13,351 crore in the quarter under review, up 2.7% y-o-y to ₹11,263.7 crore from ₹13,005 crore in the June quarter of FY25. In Q1 FY26, Tech Mahindra generated revenues of ₹11,263.7 crore from its IT segment, up 3.55% from ₹10,878 crore in the same period last year. However, revenues from its business process services (BPS) declined 1.88% to ₹2,087.5 crore from ₹2,127.5 crore…

17 Jul

Bandhan AMC marks 25 years of transforming savers into investors

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Bandhan AMC Limited, one of India’s leading asset management companies, has completed 25 years in the mutual fund industry, celebrating its journey from ANZ Grindlays to its current identity through a music-led film titled “Raju Bhaiya Ki Kahani.” The animated film traces the relatable story of a common man’s evolution from a cautious saver to a confident investor, echoing the experiences of millions of Indians. Reflecting on the milestone, Vishal Kapoor, CEO of Bandhan AMC, said, “From our inception to becoming Bandhan AMC, our journey has been guided by a commitment to financial inclusion, innovation, and investor empowerment. As we…

17 Jul

Flipkart Food Fest 2.0 sparks gourmet revolution with celebrity chefs, brand launches and 100M+ impressions

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Flipkart hosted the vibrant second edition of its Food Fest 2025 at its Bengaluru campus on July 8-9, showcasing India's evolving taste in gourmet culture. The event attracted over 25,000 footfalls, featured more than 40 engagement zones, 10 new brand launches, and clocked over 100 million online impressions. Celebrity chefs Ranveer Brar and Pooja Dhingra headlined the fest with culinary masterclasses, alongside stand-up acts by Rahul Subramanian and live music from Rosemary & The Herbs. The event was designed to blend food discovery with entertainment, attracting influencers and top creators to produce over 1000 pieces of content. Iconic brands like…

17 Jul

Aviva India unveils Bharat Bal Vikas Yojana to empower semi-urban families

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Aviva India has announced the launch of its new life insurance savings plan, Aviva Bharat Bal Vikas Yojana, aimed at supporting families in rural and semi-urban areas in securing their children's future. With affordable premiums starting at just ₹1,000 per month, the plan offers a unique blend of life cover and guaranteed maturity benefits. Designed for parents planning for their children’s higher education, skill development, or business aspirations, the policy caters to individuals aged 3 to 50 years, with terms ranging from 12 to 30 years and coverage up to age 80. Flexible premium payment options—monthly, quarterly, half-yearly, or annually—ensure…

17 Jul

Advances in Deep Brain Stimulation (DBS) for Parkinson’s Disease and Other Movement Disorders

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Prof. Dr. Rupam Borgohain,Senior Consultant Neurologist and Programme Director-PDMDRC, Yashoda Hospitals, Hyderabad The main motor symptoms of Parkinson's disease (PD), a degenerative neurological condition, include tremors, stiffness, bradykinesia (slowed movement), and postural instability. The loss of dopamine-producing neurons in the substantia nigra of the brain causes these symptoms because it interferes with regular communication in the brain circuits that regulate movement. In addition to motor problems, persons with Parkinson's disease may also have non-motor symptoms include discomfort, urgency in the urine, and disturbed sleep. More generally, Prof. Dr. Rupam Borgohain said movement disorders include a range of neurological problems that…

17 Jul

Booster doses for children aged 4–6 urged by experts ahead of school admission

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Leading pediatricians have called on parents to ensure their children aged 4–6 receive booster doses of Diphtheria, Tetanus, Pertussis (DTP), and Polio vaccines before school entry, warning of waning immunity and increased exposure in group settings. While infants receive their primary vaccines under the National Immunization Program (NIP), medical evidence shows that protective antibody levels decline significantly by age four, leaving children vulnerable. “Starting school brings higher social interaction and new health risks. The 4–6-year booster dose is essential to reinforce early immunity and provide sustained protection,” said Dr. Lokesh Pande, Consultant Neonatologist & Pediatrician at Bhagirathi Neotia Hospital, Kolkata.…

16 Jul

Ashok Leyland shares downgrade after 1:1 ex-bonus issue

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Shares of Chennai-based commercial vehicle maker Ashok Leyland fell by 2.11% to a low of ₹122.80 on the BSE. Ashok Leyland shares also fell by 2.15% to a low of ₹122.70 on the National Stock Exchange. The stock began trading at 1:1 ex-bonus issue rate from Wednesday, July 16. Ashok Leyland's board had announced the bonus issue of shares while announcing its fourth quarter results on May 23. The company had reported a net profit of ₹1,246 crore in the January-March quarter, up 38% from ₹900 crore in the same period last year. Ashok Leyland's operating revenue grew 6% to…