Business - The Purbottar

31 May

3-Lakh and Counting: Toyota Fortuner & Legender Continue to Dominate Indian Roads

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has crossed a significant milestone with cumulative sales of its premium SUVs—Fortuner and Legender—reaching 3 lakh units in India. This achievement highlights Toyota’s dominance in the segment, driven by its reputation for reliability, performance, and customer-centric innovation. The Fortuner, launched in 2009, continues to be a benchmark with its 2.8L diesel engine delivering 204 PS and 500 Nm torque, coupled with Toyota’s robust ladder-frame architecture and advanced 4x4 capabilities. Its bold exterior, premium interiors, and commanding road presence have made it a preferred choice for performance-focused SUV buyers. The Legender, launched in 2021, builds on this…

31 May

IRCTC shares upsurge after 26% rise in profit in March quarter on boost from tourism business

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Shares of Indian Railway Catering and Tourism Corporation (IRCTC), the online ticketing and catering arm of the Indian Railways, rose 3.04% to hit an intraday high of ₹799 on Thursday. The gain was recorded after it reported January-March quarter earnings after market opened on Wednesday. IRCTC's consolidated net profit rose 26% to ₹358 crore in the March quarter from ₹284 crore in the same period last year. The jump in profit came on the back of an exceptional profit of ₹46 crore and strong performance of its tourism business. IRCTC's operating revenue rose 10% to ₹1,268 crore as against ₹1,152…

30 May

Suzlon Energy shares inflation 13.5%, Q4 net profit jumps 4-fold; chairman says company posted highest profit in 10 years

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Suzlon Energy share price: One of the renewable energy solution providers, especially in the wind energy space, jumped sharply in trade on Friday, May 30, after the company on Thursday reported a four-fold jump in its consolidated net profit to ₹1,181 crore for the March quarter (Q4FY25), mainly led by higher revenues. In early deals, the stock jumped 13.57% to hit a high of ₹74.30 on the NSE. It reported a consolidated net profit of ₹254 crore in the quarter ended March 2024, BSE filings showed. Its total income rose to ₹3,825.19 crore in the quarter from ₹2,207.43 crore a…

30 May

Vi Business and Hewlett Packard Enterprise join hands to revolutionize enterprise networking

Business BureauBusiness

Vi Business, the enterprise division of Vodafone Idea, has announced a strategic partnership with Hewlett Packard Enterprise (HPE) to provide next-generation managed services in India. The collaboration will utilize HPE Aruba Networking products to deliver advanced managed wireless LAN, switching, and security solutions tailored for diverse enterprise environments such as campuses, manufacturing units, corporate headquarters, and regional offices. Under the agreement, Vi Business will manage and support all services via its Network Operations Center (NOC), offering enterprises seamless service backed by AI-driven analytics for intelligent orchestration and enhanced user experience. The partnership also aims to co-develop private data center solutions…

30 May

Tata AIA Life Insurance Co. Ltd. declares a record bonus payout of ₹1,842 crore for FY25

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Tata AIA Life Insurance Co. Ltd., one of India’s most trusted life insurers, has announced a record bonus payout of ₹1,842 crore in its participating plans for the financial year ending March 31, 2025, which will benefit over 8.15 lakh policies. This year’s payout marks a 26% increase over last year’s bonus of ₹1,465 crore — the highest ever in the company’s history. Among other participating plans, the bonus has been declared for key participating plans such as the Diamond Savings Plan, Smart Value Income Plan, Value Income Plan and Shubh Flexi Income Plan. Participating Insurance Plans, also known as…

30 May

Students from Kolkata excel at the 2024–25 Olympiad Awards

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Three students from Kolkata have secured top ranks in the SOF Olympiad exam for 2024-25. Swapnil Bagui, a seventh-grade student from Pramila Memorial Advanced School, claimed the first rank in the International Mathematics Olympiad, receiving a gold medal and a merit certificate. Anveisha Mohanty, an eleventh-grade student from Calcutta International School, also claimed the first rank in the International English Olympiad, earning a gold medal and a merit certificate. Kabyashree Saha, a seventh-grade student from Gokhale Memorial Girls' School (Secondary Section), claimed the second rank in the National Science Olympiad, receiving a silver medal and merit certificate. This year's SOF…

30 May

PM Modi lays foundation for Rs 1000 crore City Gas Distribution projects in Alipurduar & Coochbehar

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In a major push towards cleaner energy and sustainable infrastructure, Prime Minister Narendra Modi today laid the foundation stone for City Gas Distribution (CGD) projects in Alipurduar and Coochbehar districts of West Bengal. The ambitious project, costing over Rs 1000 crore, aims to provide Piped Natural Gas (PNG) connections to more than 2.5 lakh households and over 100 commercial and industrial units. Additionally, it will establish at least 19 Compressed Natural Gas (CNG) stations for vehicular fuel needs. Scheduled for completion by September 30, 2030, the project sources natural gas from tap-off points at Ambari and Ghoksadanga in Coochbehar. By…

30 May

CaratLane launches ‘Runway’ collection honouring women in aviation

Business BureauBusiness

A TATA Product, has made history with the launch of ‘Runway’, India’s first-ever fine jewellery collection dedicated to women in aviation. The new line, unveiled in Mumbai, celebrates the courage, elegance, and ambition of female pilots and aviation professionals through 20+ exquisite designs in 9KT and 14KT gold and diamonds. The launch campaign features a commercial pilot, a fighter pilot, and a cabin crew professional—each showcasing how their passion for the skies is captured through wearable art. Notably, the collection includes dynamic pieces with mobile aircraft motifs, merging storytelling with craftsmanship. Actress and licensed pilot Gul Panag graced the preview…

30 May

Byatikram Education Conclave 4.0: A strategic boost to Northeast India’s education economy

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The launch of the Byatikram Education Conclave 4.0 at the NEDFi Convention Centre, Guwahati, marks a significant step toward strengthening the education sector’s economic potential in Northeast India. Organized by Byatikram alongside The Times of India, JIS Group of Institutions, and NERIM Group of Institutions, this two-day event convenes 32 experts, policymakers, and technocrats to address six critical themes shaping regional educational infrastructure and market dynamics. The conclave’s inauguration by Prof. Dr. Sangeeta Tripathi, Director of NERIM Group, signals leadership commitment to enhancing academic-industry linkages. The presence of eminent figures such as Prof. Dr. Mridul Hazarika, P.S. Reddy, Prof. Dr.…

29 May

Gold price upgrade to Rs 99,000 per 10 grams, silver rises

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New Delhi, May 29: According to the All India Sarafa Association, the price of gold in the national capital rose by Rs 500 to Rs 99,000 per 10 grams on Wednesday amid a strong trend in overseas markets. The precious metal of 99.5 percent purity rose by Rs 500 to Rs 98,500 per 10 grams (inclusive of all taxes). Also, the price of silver rose by Rs 1,000 to Rs 1,00,000 per kg (inclusive of all taxes) on Wednesday. The metal had declined by Rs 1,370 to Rs 99,000 per kg in the previous market session. Globally, spot gold rose…