Business - The Purbottar

13 Aug

Aditya Birla Lifestyle Q1 profit upgrade 5%

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New Delhi: Aditya Birla Lifestyle Brands Ltd (ABLBL) on Wednesday reported that its consolidated net profit rose 4.92 per cent to Rs 24.06 crore in the June quarter of FY26. It had reported a net profit of Rs 22.93 crore in the April-June period a year ago, according to a regulatory filing by the Aditya Birla Group, formed after the split of the Madura Fashion & Lifestyle business. This is the first quarterly result of ABLBL, which was listed on the bourses on June 23, 2025, after the split. ABLBL's operating revenue grew 3.14 per cent to Rs 1,840.58 crore…

13 Aug

TAFE honours grassroots agri-innovators in Massey DYNASTAR Contest Season 2

Business BureauBusiness

Tractors and Farm Equipment Limited (TAFE), maker of the iconic Massey Ferguson tractors, concluded the second edition of its Massey DYNASTAR Contest – Season 2, recognising scalable, socially impactful agricultural innovations. The contest drew over 16,000 entries from 26 states and 5 Union Territories, with 12 finalists representing Assam, Gujarat, Karnataka, Madhya Pradesh, Punjab, Tamil Nadu, and Uttar Pradesh. The grand prize — a Massey Ferguson 254 DYNASMART 2WD tractor worth ₹8.2 lakh — went to Belgaum’s Avinash Desai for his mobile slurry dewatering machine concept. Prateek Agarwal from Hojai, Assam, secured second place with a solar-powered energy hub, while…

13 Aug

Godrej Industries brings Raksha Bandhan to the office with ‘Work Sibling’ campaign

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Godrej Industries Group (GIG) has launched a light-hearted campaign this Raksha Bandhan celebrating “work siblings” — colleagues who playfully tease, support, and share the camaraderie of real siblings. With changing family structures and more millennials choosing to have only one child, the traditional sibling bond is becoming rarer. A 2023 YouGov-Mint-CPR survey revealed that 47% of urban millennials prefer just one child. Through lifestyle platforms Godrej L’Affaire and Vikhroli Cucina, the ‘Work Sibling – India’s New Badge of Workplace Bonding’ campaign includes a satirical digital film and interactive social media activity encouraging professionals to “adopt” their favourite colleagues as official…

13 Aug

Divine Solitaires brings back ‘The Solitaire Festival of India’ with grand rewards and surprises

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Divine Solitaires has announced the return of its flagship celebration, The Solitaire Festival of India (TSFI), now in its fourth national edition. Running from August 1–31, 2025, across partner retail stores in over 100 cities, the festival promises an enhanced diamond shopping experience with assured gifts, weekly mega draws, and a bumper finale. Under the theme “Sparkle Se Surprise Tak”, shoppers can expect unique rewards such as Spin the Wheel prizes, surprise picks, and Divine Vouchers, along with high-value gifts like iPhones, washing machines, laptops, PlayStation 5 consoles, and even a car. The grand Bumper Draw on September 3 will…

12 Aug

Gaurav Gupta debuts bridal couture ‘Quantum Entanglement’ in collaboration with Chivas Luxe Collective Perfumes

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Celebrated designer Gaurav Gupta unveiled his Indian Couture 2025 collection, Quantum Entanglement, at the Jio World Convention Centre in Mumbai on August 8, marking his bridal couture debut in partnership with ChivasLuxe Collective Perfumes. The showcase, attended by over 500 guests, recreated the emotional journey of an Indian wedding — from cocktails to vows to the reception — through immersive fashion storytelling. Drawing inspiration from the physics theory of eternal particle connection, Gupta’s designs fused Indian craftsmanship with futuristic precision. Banarasi brocades, Chantilly lace, semi-precious inlays, and 3D florals defined the line, which also featured a 10-piece bridal segment and…

12 Aug

DSP Mutual Fund launches India’s first flexicap index fund, promotes quality and resilience

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DSP Mutual Fund has launched the DSP Nifty500 Flexicap Quality 30 Index Fund, India’s first low-cost flexicap strategy combining quality stocks with dynamic market cap allocation based on momentum triggers. Designed to mirror the innovative Nifty500 Flexicap Quality 30 Index, this fund aims to help investors confidently navigate fluctuating equity markets. The fund invests in 30 fundamentally strong companies — 10 each from large, mid, and small caps — selected for high return on equity, low debt, and robust earnings growth. Market momentum dictates quarterly allocation shifts between large caps and small & midcaps, optimizing returns while minimizing risk. Since…

12 Aug

Vi Business is committed to strengthening India’s energy landscape; ready to connect 12 million smart meters in next three years

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Vi Business, the enterprise arm of Vodafone Idea Limited, has announced a bold initiative to connect 12 million smart meters across India over the next three years. This large-scale deployment places Vi Business at the heart of India’s digital energy transformation, aligning with the goals of the India Smart Grid Mission. The initiative will drive innovation in Advanced Metering Infrastructure (AMI) and IoT solutions, helping Distribution Companies (DISCOMs) reduce Aggregate Technical & Commercial (AT&C) losses and offer consumers real-time energy usage data. Central to this effort is Vi’s IoT Smart Central platform, enabling secure, scalable connectivity for millions of meters.…

12 Aug

SECI profit upgrade 15% to Rs 502 crore in FY25

editorBusiness, News

New Delhi, State-owned Solar Energy Corporation of India (SECI) on Monday reported a 15 percent rise in its net profit to Rs 501.92 crore in FY2024-25, mainly on the back of higher revenues. As per the audited standalone financial results for the year ending March 31, 2025, SECI has recorded revenue from operations of Rs 15,185.10 crore and profit after tax (PAT) of Rs 501.92 crore, the company statement said. In comparison, it reported that SECI's revenue from operations for FY2023-24 stood at Rs 13,035.07 crore and profit after tax at Rs 436.03 crore. Santosh Kumar Sarangi, Secretary, Ministry of…

11 Aug

DOMS Industries shares jump 12% on heavy trading

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Stationery products maker DOMS Industries shares rose 12.34% to hit a high of ₹2,570 on the BSE. On the National Stock Exchange, DOMS Industries shares rose 12.29% to hit a high of ₹2,569 on Friday due to heavier than usual trading after the announcement of its June quarter results. DOMS Industries reported a net profit of ₹59 crore in the first quarter of the current financial year (Q1FY26), up 9% from ₹54 crore in the corresponding period last year. Its revenue from operations rose 26% year-on-year to ₹562 crore in the April-June period from ₹445 crore in the same period…

11 Aug

Elanpro certifies 30 refrigeration technicians in Guwahati to strengthen cold chain sector

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Elanpro, in collaboration with non-profit Care U 365, has successfully concluded the first phase of its “Cool Skills, Bright Future” initiative in Guwahati, certifying 30 aspiring refrigeration technicians. The six-week skill development programme, held at Assam Engineering College, aimed to address the shortage of qualified service professionals in India’s fast-growing commercial refrigeration industry. The certification ceremony was attended by Assam Minister for Education, Welfare of Plain Tribe & Backward Classes Ranuj Pegu, Director of Technical Education Dhrubajyoti Bora, and AEI Chandmari Principal Dr. Hitesh Tahbildar. Trainees underwent a blend of classroom sessions, performance assessments, and hands-on experience with real-world refrigeration…