Business - The Purbottar

03 Jul

Nykaa block deal: Shares downturn 4% as 2.3% equity changes hands

editorBusiness, News

Nykaa block deal: Shares of FSN E-Commerce Ventures Ltd, commonly known as Nykaa, traded 4% lower at ₹203.10 per share on the NSE in morning trade on Thursday, July 3, after a block deal was witnessed in the company. According to a TV report, six crore shares representing 2.3% equity changed hands through the block deal during the block deal window in the morning session. Earlier, reports said that Harinderpal Singh Banga and Indra Banga are likely to sell 2.1% equity of Nykaa through the block deal. The Banga family is one of the early backers of Nykaa. The family…

03 Jul

For 2G handset customers, Vi Guarantees 24 days additional validity

Business BureauBusiness

In a move aimed at supporting its 2G handset user base, leading telecom operator Vi has introduced the Vi Guarantee Programme, offering 24 extra validity days annually on unlimited voice prepaid packs priced at ₹199 and above. Customers will receive two additional days of validity with each qualifying recharge, spread over 12 months. This initiative targets voice-centric or low-data users who often face service disruption due to the traditional 28-day recharge cycle, which can require two recharges within a single month. With the Vi Guarantee Programme, customers will now enjoy a full 30-day cycle with every recharge, enhancing convenience and…

03 Jul

Tetley launches green tea slim care with L-carnitine for fat-burning wellness boost

Business BureauBusiness

Tetley, a leading green tea brand under Tata Consumer Products, has unveiled its latest offering—Tetley Green Tea Slim Care—targeted at health-conscious Indian consumers. Enriched with L-Carnitine, a nutrient scientifically shown to burn body fat, the new product line blends the wellness benefits of green tea with added support for fitness goals. Available in two refreshing flavors—Lemon & Honey and Ginger Mint Lemon—the tea offers a flavorful route to maintaining daily wellness. The products are priced at ₹185 for a 25-tea bag pack and ₹80 for a 10-tea bag pack. Consumers can find Tetley Green Tea Slim Care in major retail…

03 Jul

Sony launches BRAVIA theatre system 6 and Bar 6 to redefine home entertainment

Business BureauBusiness

Sony India has expanded its BRAVIA Theatre portfolio with the launch of two new premium sound systems—the BRAVIA Theatre System 6 and BRAVIA Theatre Bar 6—aimed at delivering cinematic surround sound experiences at home. The System 6 is a 5.1ch, 1000W powerhouse with wireless rear speakers, while the Bar 6 is a 3.1.2ch soundbar featuring a wireless subwoofer and upfiring speakers for immersive audio. Both products support Dolby Atmos and DTS:X, with Sony’s Vertical Surround Engine and S-Force PRO Front Surround technology creating rich, theater-like soundscapes. Advanced features like Voice Zoom 3 ensure crystal-clear dialogue, while Night and Voice Modes…

02 Jul

Crude oil prices upsurge on spot demand

editorBusiness, News

New Delhi, Crude oil prices rose by Rs 24 to Rs 5,639 per barrel in futures trade on Wednesday as participants increased the size of their deals following strong spot demand. Crude oil prices for July delivery rose by Rs 24, or 0.43 percent, to Rs 5,639 per barrel on the Multi Commodity Exchange in a business turnover of 14,050 lots. Analysts said crude oil prices rose in futures trade as participants increased their bets. Globally, West Texas Intermediate crude was trading 0.46 percent higher at $65.75 per barrel, while Brent crude rose 0.46 percent to $67.42 per barrel in…

02 Jul

Vi Business study shows surge in MSME digital adoption, 76% eye cybersecurity investment

Business BureauBusiness

On the occasion of World MSME Day, Vi Business—enterprise arm of Vodafone Idea—released its Ready for Next MSME Growth Insights Study 2025, revealing a notable rise in India's Digital Maturity Index (DMI) from 56.6 in 2023 to 58.0 in 2025. The study highlights a growing digital commitment among India’s small businesses, with 76% planning to ramp up investments in cybersecurity and 72% in cloud technologies. The third edition of the study, covering over two lakh MSMEs across 15,000 pin codes, identifies Telangana (DMI: 71.2) as the digital frontrunner, followed by Kerala (63.7) and Maharashtra (59.2). Sector-wise, Financial Services lead in…

02 Jul

Jindal (India) Ltd hosts ‘Milaap’ in Sainthia, unveils growth plans and premium steel offerings

Business BureauBusiness

Jindal (India) Limited, a key player in the downstream steel sector and part of the renowned B.C. Jindal Group, hosted its first retailer meet, ‘Milaap’, in Sainthia, West Bengal, in collaboration with Jain Ispat. The event witnessed participation from around 85 local retailers and was aimed at deepening engagement and expanding the company’s reach in eastern India. Senior officials from the company showcased premium products including Jindal Sabrang, a vibrant colour-coated steel solution, and Jindal NeuColor+, known for its advanced corrosion resistance and aesthetic durability. Retailers were briefed on the product advantages and the company’s upcoming capacity expansion plan of…

02 Jul

Sunfeast Marie Light Offers cool comfort to devotees at Rath Yatra 2025 with ‘Surya Vardaan’ caps

Business BureauBusiness

Sunfeast Marie Light distributed thousands of specially designed ‘Surya Vardaan’ cooling caps to devotees during this year’s Puri Rath Yatra. As millions thronged the sacred streets to follow the chariots of Lord Jagannath, the caps brought a much-needed respite from the blazing summer sun. Crafted with sandalwood and a menthol-infused cooling layer, the Sunfeast Surya Vardaan cap activates on contact with sunlight, releasing a calming fragrance and a cooling sensation. This unique offering enabled devotees to experience spiritual serenity without the discomfort of the heat. Mr. Ali Harris Shere, COO of Biscuits & Cakes Cluster, ITC Ltd., said, “The Surya…

01 Jul

Copper futures upgrade on high demand

editorBusiness, News

New Delhi, Copper futures on Tuesday rose 0.46 percent to Rs 898.70 per kg on high spot demand. During the day, the metal touched an all-time high of Rs 903 per kg. Copper contracts for July delivery on the Multi Commodity Exchange pared their gains and were trading lower by Rs 4.10, or 0.46 percent, at Rs 898.70 per kg in a business turnover of 8,260 lots. Sriram Iyer, Senior Research Analyst at Reliance Securities, said easing trade concerns and positive macroeconomic data from the US boosted investor sentiment, pushing copper prices higher. On the economic calendar front, investors will…

01 Jul

Rapido expands to all districts in West Bengal, launches services in 15 new cities

Business BureauBusiness

Ride-sharing platform Rapido has marked a significant milestone by launching its Bike Taxi and Auto services in 15 new cities across West Bengal, including Malda, Kharagpur, and Murshidabad. With this expansion, Rapido now operates in every district of the state, reinforcing its commitment to provide affordable, accessible, and tech-driven first and last-mile connectivity. This strategic rollout is part of Rapido’s broader mission to reach 500 cities nationwide. The company currently facilitates over 4 million rides daily and is one of India’s largest gig economy enablers, having created over 9 million jobs. The latest move is expected to generate 1 lakh…