Business - The Purbottar

02 Jun

Pioneer boosts innovation with new R&D center in Bengaluru, eyes growth in Indian automotive sector

Business BureauBusiness

Pioneer India, a subsidiary of global automotive electronics leader Pioneer Corporation, officially inaugurated its new Research & Development (R&D) center in Bengaluru, reinforcing its commitment to advancing automotive and mobility technologies. The state-of-the-art facility focuses on cutting-edge solutions including automotive vision systems, advanced driver assistance (ADAS), digital cockpits, AI-powered mobility platforms, and connected two-wheeler technologies. Designed to support OEMs, aftermarket, and B2B sectors like fleet operators and insurers, the center aims to accelerate product development tailored for both Indian and global markets. “India’s talent and mobility ecosystem make Bengaluru an ideal hub to lead innovation in connected and intelligent vehicle…

01 Jun

Godrej Jersey survey reveals 1 in 3 Indians prefer milk as a beverage

Business BureauBusiness

On the eve of World Milk Day, Godrej Jersey unveiled a nationwide consumer insights report titled “Bottoms Up… India Says Cheers to Milk!”, revealing that one in every three Indians prefers milk as a beverage. Conducted by YouGov, the survey sheds light on the evolving preferences of Indian consumers, with 50% opting for flavoured milk or adding flavour at home. The findings also highlight a significant shift among Indian parents, with 45% offering flavoured milk during the day and 44% during playtime as a refreshing and nourishing option for children. Bhupendra Suri, CEO of Godrej Jersey, said, “We’re redefining what…

31 May

Three students from Hooghly secure top ranks in the SOF Olympiad exam for 2024-25

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Hooghly witnessed outstanding academic achievements as three local students secured top ranks in the prestigious Science Olympiad Foundation (SOF) exams for 2024-25. Sourik Nayak of K.D. Memorial School clinched first place in the International Mathematics Olympiad, earning a gold medal and merit certificate. Saptajit Ghosh from Explore International School secured the second rank in the National Science Olympiad, receiving a silver medal, while Kaustav Debnath of Techno India Group Public School took third place in the International Social Studies Olympiad with a bronze medal and merit certificate. This year’s SOF Olympiad attracted millions of participants from 72 countries, with over…

31 May

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

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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

editorBusiness, News

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

editorBusiness, News

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

Business BureauBusiness

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…