Business - The Purbottar

06 Mar

Luxury housing prices jump in Delhi, Mumbai, Bengaluru – Knight Frank

editorBusiness, News

New Delhi, March 5 Delhi has jumped to 18th spot among 100 cities globally in terms of annual price growth in the luxury housing segment last year, according to Knight Frank. Global property consultant Knight Frank's 'The Wealth Report 2025' showed that the Prime International Residential Index (PIRI 100) value is projected to rise 3.6 per cent in 2024. Of the 100 luxury residential markets tracked, 80 recorded positive or flat annual price growth. Among Indian cities, Delhi is ranked 18th, a significant jump due to a 6.7 per cent year-on-year (YoY) rise in luxury residential prices. Mumbai is ranked…

05 Mar

Silver futures surge: Prices jump by Rs 859 per kg

editorBusiness, News

New Delhi, March 5 Silver prices rose by Rs 859 to Rs 97,115 per kg on Wednesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for March delivery rose by Rs 859, or 0.89 per cent, to Rs 97,115 per kg in a business turnover of 19,331 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.62 per cent higher at $32.17 per ounce in New York.

05 Mar

Haier launches India’s first colorful KinouchiACs blending style with smart cooling

Business BureauBusiness

Haier Appliances India has unveiled the Kinouchi Limited Edition air conditioners, marking a first in India with stylish, colorful ACs that merge premium aesthetics with cutting-edge cooling technology. Available in Black, Morning Mist, and Moonstone Grey, the series is designed for consumers who seek both design and efficiency in home appliances. The KinouchiACs feature AI-driven Supersonic Cooling for 20X faster cooling in just 10 seconds, Frost Self-Clean Technology for 99.9% sterilization, and HEXA Inverter Technology for optimized performance. With a 20-metre-long air throw and Turbo mode, the ACs ensure uniform cooling even in extreme temperatures of up to 60°C. The…

05 Mar

Royal Stag BoomBox fuels India’s live entertainment economy with grand Guwahati kick off

Business BureauBusiness

Seagram’s Royal Stag BoomBox launched its third edition at Saru Sajai Stadium Complex, Guwahati, on March 1, reinforcing the growing economic significance of live entertainment in India. The festival’s unique blend of Bollywood melodies and hip-hop beats, combined with art, gaming, and cultural experiences, highlights the increasing consumer preference for experiential events. With performances by DJ Yogii, rapper Ikka, singer Nikhita Gandhi, and a show-stopping finale by Armaan Malik, the event attracted thousands of attendees, underscoring the commercial viability of large-scale music festivals. The expansion of such events reflects a broader industry trend where live music, digital engagement, and brand…

05 Mar

SHARP launches of its new Reiryou, Seiryo, and Plasma Chill series

Business BureauBusiness

SHARP Business Systems (India) Pvt. Ltd., a subsidiary of Japan’s SHARP Corporation, has officially re-entered the Indian air conditioning market with the launch of its Reiryou, Seiryo, and Plasma Chill series. These new ACs bring cutting-edge cooling technology, energy efficiency, and advanced air purification tailored to Indian consumers. The newly launched series features 7-stage filtration, 7-in-1 convertible functionality, i-FEEL technology, self-diagnosis, and self-cleaning mechanisms. These innovations ensure powerful cooling, enhanced indoor air quality, and reduced maintenance, catering to diverse residential and commercial needs. "India is a vital market for SHARP, and we are committed to strengthening our presence here," said…

04 Mar

Nissan Magnite achieves 50,000 export milestone, becomes fully E20 compliant

Business BureauBusiness

Nissan Motor India has announced that the New Nissan Magnite BR10 (Naturally Aspirated Engine) is now fully E20 compliant, reinforcing the company’s commitment to sustainable mobility. This development ensures that both powertrain options, including the 1.0L HR10 turbocharged petrol engine, are compatible with E20 fuel, a move aligned with India’s transition towards greener fuels. In a significant achievement, the New Nissan Magnite has surpassed 50,000 units in export sales since its launch. The introduction of the Left-Hand Drive (LHD) variant has played a key role in boosting exports, with the first dispatch in January 2025. Nissan recorded consolidated wholesale dispatches…

04 Mar

Vice President Dhankhar urges corporates to invest in education; Hinduja College set to become deemed university

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Vice President of India, Jagdeep Dhankhar, has called upon Indian corporates to invest in education to establish specialized institutions, emphasizing the need to keep education free from commodification and commercialization. He made these remarks while attending the 75th-anniversary celebrations of Hinduja College of Commerce in Mumbai. During the event, Ashok Hinduja, Chairman of Hinduja Foundation, announced ambitious plans to transition Hinduja College into a deemed university. He also unveiled a vision to establish a Skill Development Centre and introduce programs in Artificial Intelligence, Data Science, Climate Finance, and Export-Import Management. The redevelopment of the college into a modern, multi-storied facility…

04 Mar

Hindustan Power to invest Rs 620 cr in Assam’s renewable energy sector

Business BureauBusiness

In a major boost to Assam’s renewable energy sector, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in solar and battery energy storage projects. The agreement, formalized at the Advantage Assam 2.0 Investment and Infrastructure Summit in Guwahati, marks a significant step toward strengthening the state’s energy infrastructure. The investment includes ₹500 crore for a 100 MW solar power plant and ₹120 crore for a 100 MW battery energy storage system, aligning with Hindustan Power’s vision of building a 5 GW energy portfolio over the next three years. The…

04 Mar

COMEDK/Uni-GAUGE UGET 2025 applications open, over 1.2 lakh students expected

Business BureauBusiness

The application process for the COMEDK UGET/Uni-GAUGE 2025 entrance exam has officially begun, with over 1.2 lakh students expected to take the test across 400+ centers in 200 cities nationwide. Scheduled for May 10, 2025, the exam will serve as a gateway for admissions into over 150 engineering colleges in Karnataka and 50+ private and deemed universities across India. The online application window is open from February 3 to March 15, 2025, through www.comedk.org and http://www.unigauge.com/ Candidates from all over India can apply. Karnataka continues to be a preferred destination for engineering aspirants, thanks to its premier institutions, high placement…

04 Mar

Brazil Legends vs India All-Stars: Chennai set for historic football clash, ticket sales begin March 2

Business BureauBusiness

Football fans in India are in for a historic treat as FIFA World Cup-winning Brazilian legends take on India All-Stars in an exhibition match at Chennai’s Jawaharlal Nehru Stadium on March 30, 2025. Organized by Football Plus Academy, the much-anticipated showdown will feature Brazilian icons from the 2002 World Cup-winning squad, including Ronal dinho, Rivaldo, Cafu, and Coach Dunga. The Indian team will be led by legendary coach Prasanta Banerjee and will feature stalwarts like Mehtab Hossain, Syed Rahim Nabi, and Mahesh Gawli. Ticket sales for this once-in-a-lifetime event will go live on March 2 at 4 PM via BookMyShow.…