Business - The Purbottar

17 May

Amrita University, SSDMA forge pact to boost disaster resilience in Sikkim’s Himalayan region

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Amrita Vishwa Vidyapeetham has signed a landmark Memorandum of Understanding (MoU) with the Sikkim State Disaster Management Authority (SSDMA) to bolster disaster preparedness and community resilience in the environmentally fragile Eastern Himalayas. The MoU, signed by SSDMA Director Shri Prabhakar Rai and Amrita’s Provost Dr. Maneesha V. Ramesh, marks a continued collaboration focused on sustainable development, risk reduction, and early warning systems. Under the partnership, Amrita will deploy AI-driven wireless sensor networks, multilingual educational tools, and digital platforms to enhance early disaster alerts, particularly in remote regions. Since 2013, Amrita has been monitoring the landslide-prone Chandmari area in Gangtok, where…

17 May

BHEL reports 3% rise in net profit for Q4FY25

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Shares of Bharat Heavy Electricals Ltd (BHEL) rose 2.45% after the company reported a 3% year-on-year rise in net profit to ₹504 crore. Besides, the board of directors also recommended a dividend of ₹0.50 per share. The company's consolidated revenue for the quarter rose 8.8% year-on-year to ₹8,993 crore for Q4FY25 compared to ₹8,260 crore. The power segment, which accounts for nearly 80% of the revenue, witnessed steady growth. While the industry segment saw a 33% rise in revenue, supporting the overall growth. On the operational front, earnings before interest, tax and depreciation grew 14.2% YoY to ₹831 crore compared…

16 May

ISRL Season 2 attracts global supercross stars, eyes bigger impact in India

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The Indian Supercross Racing League (ISRL), the world's first franchise-based Supercross championship, has kicked off Season 2 with a record-breaking 89 rider registrations in just three weeks—surpassing last season’s three-month tally. This early surge highlights the league’s growing global stature and athlete confidence following a successful debut edition. Top international riders from Season 1, including 2024 champion Matt Moss (Australia) and French icon Jordi Tixier, have re-registered alongside newcomers like Alexander Fedortsov (USA), Adrien Escoffier (France), and Luke Clout (Australia). Indian stars Rugved Barguje, Ikshan Shanbhag, and Sarthak Chavan are also set to return. The league has drawn interest from…

16 May

Godrej and Westland launch ‘Queer Directions’ to amplify LGBTQIA+ voices

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In a pioneering collaboration, Godrej DEI Lab and Westland Books have launched Queer Directions, a new LGBTQIA+ publishing imprint committed to inclusive storytelling across genres like non-fiction, poetry, and soon, fiction. The imprint is set to roll out six titles in 2025, spotlighting authentic queer experiences and narratives. Parmesh Shahani, Head of Godrej DEI Lab and author of Queeristan, will serve as Series Editor. “The idea is to build a bridge, not a border,” Shahani said. “This imprint is an act of solidarity and a platform to elevate diverse queer voices.” Westland Books, already known for its inclusive list, called…

16 May

Future Generali India Life Insurance drives life insurance awareness across Sikkim with grassroots outreach

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Marking Sikkim’s 50th statehood anniversary, Future Generali India Life Insurance (FGILI) has intensified its efforts to expand life insurance awareness across the state. As the lead life insurer appointed by the Insurance Regulatory and Development Authority of India (IRDAI), FGILI has reached lakhs of citizens through on-ground and digital campaigns, promoting financial literacy and the importance of life insurance. Through workshops, street plays, and localized meetings, FGILI has engaged deeply with indigenous communities, youth, taxi unions, police officers, and dairy farmers to address the state’s historically low insurance penetration. The outreach emphasized government-backed schemes alongside FGILI’s tailored insurance solutions, aligning…

16 May

Smart snacking key to weight loss, says Nutritionist Dr. Rohini Patil

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With weight management becoming a growing concern, especially in urban hubs like Kolkata, health experts are encouraging people to turn their attention to smarter snacking habits. Dr. Rohini Patil, MBBS and Nutritionist, emphasized that snacking, when done right, can aid in weight loss rather than hinder it. Dr. Patil recommends nutrient-rich foods like California almonds, moong dal chilla, sprouts bhel, paneer with cucumber, and roasted chana as effective in curbing hunger without compromising on nutrition. Almonds, in particular, are rich in protein, good fats, magnesium, and vitamin E—helping to keep energy levels steady and cravings at bay. “Almonds are versatile…

16 May

JSW Energy net profit rises 16 percent to ₹408 crore in Q4

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JSW Energy on Thursday reported that its consolidated net profit in the March quarter rose 16 percent to ₹408 crore from a year ago, aided by the KSK Mahanadi thermal project and organic wind capacity addition. "Profit after tax grew 16 percent year-on-year, from ₹351 crore in Q4 FY24 (January-March 2024) to ₹408 crore in Q4 FY25, while cash PAT (profit after tax or net profit) grew 8 percent year-on-year, from ₹686 crore in Q4 FY24 to ₹744 crore in Q4 FY25," a company statement said. During the reporting quarter, total revenue grew 21% to ₹3,497 crore from ₹2,879 crore,…

15 May

UTI Flexi Cap Fund: A long-term strategy for wealth creation

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As investors seek to build long-term wealth, setting realistic financial goals is key. For those looking for consistency and growth in their portfolio, the UTI Flexi Cap Fund offers a robust investment option. Launched in 1992, the fund has a long track record of steady performance and is well-suited for investors with a moderate risk profile aiming to meet long-term financial goals. The UTI Flexi Cap Fund invests a significant portion (at least 65%) of its corpus in equities across different market capitalizations, including large-cap, mid-cap, and small-cap stocks. The fund’s philosophy revolves around three key pillars: Quality, Growth, and…

15 May

Shraddha Kapoor joins Eureka Forbes as brand ambassador for smartclean vacuum range

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Eureka Forbes Ltd, a pioneer in the health and hygiene sector, has announced Bollywood actress Shraddha Kapoor as the brand ambassador for its iconic vacuum cleaner range. This strategic alliance underscores the company’s mission to promote smarter, cleaner, and healthier living in Indian households. With over 40 years of leadership in home cleaning solutions, Eureka Forbes continues to revolutionize domestic hygiene. The latest Forbes SmartClean Robotic Vacuum Cleaners, powered by AI and advanced LiDAR technology, offer an efficient blend of powerful suction and wet mopping, making home cleaning both smart and seamless. Talking about her association with Eureka Forbes, Shraddha…

15 May

Truecaller launches AI-powered message IDs to tackle SMS clutter across India

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Truecaller has introduced a major update in digital communication with the launch of its AI-powered Message IDs, now available in India and 30 other countries. This new feature uses advanced artificial intelligence and Large Language Models (LLMs) to identify and summarize critical SMS messages—such as OTPs, bank alerts, delivery updates, and flight itineraries—while ensuring users’ data stays on their device. With real-time notifications and instant message categorization, users no longer need to sift through spam or worry about missing important texts. The tool is language-inclusive, working seamlessly with regional languages like Hindi as well as global tongues such as Swahili…