Business - The Purbottar

09 May

Godrej Foundation co-launches GATI to position India as global talent powerhouse

Business BureauBusiness

In a landmark move to make India a global hub for skilled talent, the Godrej Foundation, in collaboration with The Convergence Foundation and industry leader Manish Sabharwal, launched the Global Access to Talent from India (GATI) Foundation. The launch event was held in New Delhi, with External Affairs Minister Dr. S. Jaishankar as Chief Guest and Minister of State Jayant Chaudhary as Guest of Honour. GATI is a non-profit initiative aimed at creating ethical, structured, and circular pathways for Indian workers to access international job markets. With a projected shortage of 45–50 million skilled and semi-skilled workers in high-income countries…

09 May

Celebrate Mother’s Day with the nutritional power of california almonds

Business BureauBusiness

No single day can truly reflect the endless love, care, and quiet strength that mothers give each day. From asking if we’ve eaten to making sure everyone is okay, moms are always putting others first. But how often do we stop to ask them how they’re doing—or check in on their health and well-being? This Mother’s Day. let’s celebrate the one who has been our caregiver by caring for her in return. A thoughtful way to show your care is a simple gesture—like making California almonds a part of her daily routine. As she juggles countless tasks and stays on…

09 May

Escorts Kubota’s fourth quarter profit upsurge 18% to Rs 318 crore

editorBusiness, News

New Delhi: Agricultural and construction equipment maker Escorts Kubota on Thursday said its consolidated net profit rose 18 percent to Rs 318 crore in the fourth quarter ended March 2025, as sales rose.The company had reported a net profit of Rs 270 crore in the January-March quarter of the previous fiscal.Revenue from operations rose to Rs 2,445 crore in the latest fourth quarter as against Rs 2,301 crore in the same period a year ago, Escorts Kubota said in a regulatory filing.For the full fiscal year ended March 2025, the company said its consolidated net profit rose to Rs 1,265…

08 May

Aluminium futures prices rose due to fresh deals

editorBusiness, News

New Delhi, Aluminium prices on Thursday rose by Rs 1.40 to Rs 231.50 per kg in the futures market due to fresh deals by speculators amid positive trend in the spot market.The price of aluminium contract for June delivery on the Multi Commodity Exchange rose by Rs 1.40 or 0.61 percent to Rs 231.50 per kg in a business of 697 lots.Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

08 May

Tata Motors launches advanced vehicle scrapping facility in Kolkata to boost green mobility

Business BureauBusiness

Tata Motors, India’s leading commercial vehicle manufacturer, inaugurated its eighth Registered Vehicle Scrapping Facility (RVSF) in Kolkata today, marking a major step towards sustainable mobility. The state-of-the-art facility, named Re.Wi.Re – Recycle with Respect, can dismantle up to 21,000 end-of-life vehicles annually and will be operated by Selladale Synergies India Pvt. Ltd. The facility was inaugurated in the presence of West Bengal Transport Minister Snehasis Chakraborty, Urban Development Minister Firhad Hakim (virtually), and senior Tata Motors officials. The fully digitalised plant is equipped to safely scrap vehicles across all brands, including two-wheelers, three-wheelers, passenger, and commercial vehicles. Inaugurating the facility,…

08 May

Nissan India hits 99,000+ sales in FY25, powered by new magnite surge

Business BureauBusiness

Nissan Motor India has clocked its highest consolidated annual sales in seven years, reporting over 99,000 units sold in FY 2024-25—a 35% year-on-year growth—driven by the strong performance of the New Nissan Magnite B-SUV in both domestic and international markets. Domestically, Nissan sold over 28,000 units, with the Magnite continuing to resonate with B-SUV customers despite rising competition from alternate fuel vehicles. The company's export business surged to a historic 71,000+ units, expanding its footprint from 20 to over 65 international markets under its "One Car, One World" strategy. Amid global restructuring, Nissan reaffirmed its commitment to India, offloading its…

08 May

Aviva Life Insurance named India’s Most Trusted Private Insurer for 7th straight year

Business BureauBusiness

Aviva Life Insurance has been ranked as India’s Most Trusted Private Life Insurance Brand for the seventh consecutive year, according to the TRA Brand Trust Report 2025. The recognition underscores Aviva’s consistent reputation for reliability, driven by customer-centric services and a strong claims track record. In FY 2023-24, the company achieved a 100% claim settlement rate within 30 days, one of the best turnaround times in the industry. Aviva's portfolio includes term plans, guaranteed savings, investment solutions, and retirement plans. The company recently launched the Aviva Signature 3D Term Plan – Platinum, a pure risk cover product that also includes…

08 May

HDFC Flexi Cap Fund delivers Rs 1.84 cr from Rs 1 lakh investment, outshines benchmarks

Business BureauBusiness

HDFC Flexi Cap Fund has delivered exceptional long-term returns, turning a ₹1 lakh investment at inception into approximately ₹1.84 crore as of March 31, 2025. Launched on January 1, 1995, the fund has posted a strong CAGR of 18.82%, significantly outperforming its benchmark, the NIFTY 500 TRI, by ₹1.51 crore over the period. A monthly SIP of ₹10,000 since inception, totaling ₹36.20 lakh, would now be worth an impressive ₹20.24 crore. The fund’s consistent performance through various market cycles has been driven by a disciplined investment philosophy, emphasizing quality companies, valuation prudence, and sectoral positioning. With a bottom-up stock selection…

07 May

Toyota Kirloskar Motor has announced the launch of the Exclusive Edition of the InnovaHyCross

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has strategically launched the Exclusive Edition of its InnovaHyCross in the ZX(O) grade, priced at Rs. 32,58,000/- ex-showroom. Available from May to July 2025, this limited-edition model features a dual-tone exterior in Super White and Pearl White, along with black accents on key exterior components. Interior upgrades include a dual-tone instrument panel, new seat materials, and added features like an air purifier and wireless charger, enhancing the overall driving experience. This launch comes at a time when the Indian automotive market is seeing a significant shift towards eco-friendly and feature-rich premium vehicles. The InnovaHyCross, with its…

07 May

Bank of Baroda’s fourth quarter profit rose 3% to Rs 5,048 crore

editorBusiness, News

New Delhi, State-owned Bank of Baroda (BoB) on Tuesday reported a marginal 3 percent rise in net profit to Rs 5,048 crore for the March quarter of FY2025.The bank had posted a net profit of Rs 4,886 crore in the same period a year ago.During the quarter, the bank's total income rose to Rs 35,852 crore from Rs 33,775 crore a year ago, BoB said in a regulatory filing.The bank's interest income rose to Rs 30,642 crore from Rs 29,583 crore in the fourth quarter of the previous fiscal.However, net interest income (NII) in the quarter declined to Rs 11,020…