Business - The Purbottar

22 May

Vi boosts international roaming packs with double data and travel benefits for summer holidays

Business BureauBusiness

Vi has enhanced its International Roaming (IR) postpaid plans ahead of the busy summer travel season, offering users double data, free incoming calls, and baggage protection across more than 145 countries. With outbound travel surging during Indian academic holidays, these upgraded plans start at Rs 649 and cater to both short and long-duration travelers. The revised IR packs deliver significant value, doubling data allowances and providing unlimited incoming calls. For example, the 30-day pack now offers 30GB data instead of 12GB. Customers can activate these packs up to 60 days in advance via the Vi app or website, ensuring seamless…

21 May

Jayant Chaudhary launches Rs 43.94 cr apprenticeship scheme to empower NE youth

Business BureauBusiness

Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship, Shri Jayant Chaudhary, alongside Mizoram Chief Minister Shri Lalduhoma, launched the North East Apprenticeship Pilot Scheme aimed at creating more job-ready youth across the region. The ₹43.94 crore program will benefit over 26,000 apprentices with an additional ₹1,500 monthly stipend, on top of the existing National Apprenticeship Promotion Scheme (NAPS) benefits. Designed to connect young people with industry opportunities, the scheme particularly encourages women’s participation and supports mobility across states, ensuring no barrier in accessing jobs. Chaudhary highlighted this as a crucial step in building a skilled workforce aligned…

21 May

Vi boosts network with over 1 lakh new towers, launches ‘Netties’ campaign amid IPL excitement

Business BureauBusiness

Vi, one of India’s leading telecom operators, announced the addition of more than 1,00,000 towers across the country in just six months of FY24-25, reinforcing its commitment to network expansion and quality connectivity. To celebrate this milestone, Vi launched an innovative campaign featuring “Netties,” animated mobile tower avatars styled as a cricket team, riding the wave of ongoing IPL fervor. The campaign, conceptualized by Ogilvy India, includes two TV commercials promoting Vi’s network strength and agility, airing across TV, OTT, radio, and social media platforms. Vi has also expanded its 5G services to Mumbai, Chandigarh, and Patna, with plans to…

21 May

Rapido rolls into Dibrugarh: Bike taxi services launched to boost urban mobility and jobs

Business BureauBusiness

Rapido, India’s leading ride-hailing platform, has officially launched its bike taxi services in Dibrugarh, aiming to strengthen first and last-mile connectivity across the city. The app-based service is now live, offering residents a faster, affordable, and more convenient commuting option. With this expansion, Rapido seeks to create 2,000 new job opportunities in Dibrugarh by encouraging local youth to sign up as "Captains." The move is expected to not only ease urban commutes but also empower residents through flexible earning avenues. Rapido already facilitates over 3.5 million rides daily across India and has generated more than 9 million jobs nationwide. Co-founder…

20 May

Medanta reports strong Q4 performance, declares maiden dividend amid robust FY25 growth

Business BureauBusiness

Global Health Limited, operating under the Medanta brand, reported a strong financial performance for Q4 and FY25, while declaring its first-ever dividend of 25% (INR 0.50 per share). The company posted a consolidated total income of INR 9,542 million for Q4 FY25, reflecting a 14.1% year-on-year increase, and an EBITDA of INR 2,476 million, up 20% with a margin of 26.0%. Despite a one-time exceptional expense of INR 499 million due to the merger of MHPL with GHL, adjusted Q4 PAT stood at INR 1,387 million, up 8.9% y-o-y. For the full year FY25, Medanta reported a total income of…

20 May

Zomato shares downfall 5%, analysts raise concerns over intensifying competition; Swiggy also drops nearly 2%

editorBusiness, News

Zomato Share Price: Zomato shares fell 5% to ₹264.85 per share on the NSE after global brokerage firm Jefferies raised concerns over rising competition in the quick commerce space. After Zomato's shares more than doubled in value in 2024, analysts at Jefferies forecast that 2025 could be a breather year, with the stock possibly shifting gears into a price consolidation phase. According to news reports, the brokerage said that aggressive strategies by existing players and entry of new competitors could lead to higher discounts, which could pose risks to Zomato's medium-term profitability. The brokerage said that apart from Zomato's Blinkit,…

19 May

Gold futures jump: Prices gain by Rs 918 per 10 grams

editorBusiness, News

New Delhi, May 19: Gold prices on Monday rose by Rs 918 to Rs 93,359 per 10 grams in futures trade as speculators created fresh deals amid strong spot demand.On the Multi Commodity Exchange, gold contracts for June delivery rose by Rs 918, or 0.99 percent, to Rs 93,260 per 10 grams in a business turnover of 10,743 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures rose 0.80 percent to USD 3,229.30 an ounce in New York.

19 May

Skill India launches AI-powered assistant on WhatsApp to revolutionize digital skilling nationwide

Business BureauBusiness

In a groundbreaking move to boost digital skilling across India, the Ministry of Skill Development and Entrepreneurship (MSDE) today unveiled the Skill India Assistant (SIA), an AI-powered digital tool developed in partnership with Meta. Powered by Meta’s open-source Llama AI models, SIA is the first large-scale public skilling initiative on WhatsApp, making it easily accessible to millions of users nationwide via +91 8448684032 and the Skill India Digital Hub. The initiative aims to provide personalized skilling course recommendations, locate nearby training centers, and highlight job opportunities tailored to individual needs. Union Minister Jayant Chaudhary emphasized how AI integration into WhatsApp…

19 May

Governor of Odisha launches NSDC International Academy and ‘Skill on Wheel’ to boost youth employment

Business BureauBusiness

Governor of Odisha, Dr. Hari Babu Kambhampati, inaugurated the National Skill Development Corporation (NSDC) International Academy at the Skill Development Institute (SDI), Bhubaneswar, marking a significant step toward empowering youth with global skills. The Governor also flagged off the ‘Skill on Wheel’ mobile training unit, aimed at delivering skill development to rural and remote areas across Odisha. This new academy, the first of its kind in Bhubaneswar, will offer comprehensive foreign language training and pre-departure support, preparing young Indians for international job markets. The ‘Skill on Wheel’ initiative seeks to democratize access to modern skill training by bringing industry-aligned programs…

19 May

Tata Power posts Rs 1,306 cr Q4 profit, commits Rs 30,000 cr investment in Assam’s clean energy future

Business BureauBusiness

Tata Power has reported a stellar performance in Q4FY25, with Profit After Tax (PAT) rising 25% year-on-year to ₹1,306 crore, marking its 22nd consecutive quarter of profit growth. The company’s revenue for the quarter stood at ₹17,328 crore, up 7% YoY, while EBITDA rose 14% to ₹3,829 crore. For FY25, Tata Power achieved its highest-ever annual revenue of ₹64,502 crore and PAT (before exceptional items) of ₹5,197 crore, up 26%—crossing the ₹5,000 crore milestone for the first time. CEO & MD Dr. Praveer Sinha hailed FY25 as a landmark year, citing robust performance across all verticals including renewables, generation, and…