Business - The Purbottar

05 May

Remedium Lifecare launches Rs 49.19 cr rights issue to fuel global pharma growth

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Remedium Lifecare Limited (BSE: 539561) has launched its ₹49.19 crore Rights Issue, which will open on April 30 and close on May 14, 2025. The move follows the Bombay Stock Exchange's approval and is aimed at bolstering the company’s transformation into a vertically integrated, research-led global pharmaceutical player. The capital raise aligns with Remedium's recent ₹182.7 crore deal with a UK-based pharma company and will be directed towards boosting working capital, scaling R&D and production, digital transformation, and attracting top talent. A significant portion will go into setting up advanced research labs focused on CNS disorders, metabolic diseases, and oncology.…

05 May

Yashoda Hospitals partners with Sikkim government to offer affordable surgeries and world-class care

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In a significant boost to healthcare access in Sikkim, Yashoda Hospitals has officially joined hands with the Government of Sikkim to offer advanced, affordable surgeries to state residents. The empanelment aims to ensure critical treatments are within reach for all eligible beneficiaries under state and central government health schemes. With over 35 years of medical excellence, Yashoda Hospitals is known for cutting-edge services in Cardiology, Nephrology, Urology, Oncology, Neurosurgery, Liver and Bone Marrow Transplants. The collaboration guarantees patients a 35% discount on diagnostics, special rates on OP and IP services, free accommodation for both patient and attendant, and complimentary pickup…

05 May

India showcases skilling and AI innovation at TiEcon 2025

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At TiEcon 2025, the world’s leading technology and entrepreneurship conference, India showcased its impressive strides in skilling and AI innovation. Addressing a global audience via a recorded message, Shri Jayant Chaudhary, Hon'ble Minister of State (I/C) for Skill Development and Entrepreneurship, highlighted the government's efforts to nurture over 1 million entrepreneurs through initiatives like Startup India, Skill India, and Atal Innovation Mission. His remarks were made during the opening of TiEcon 2025, held at the Santa Clara Convention Center, California. This year’s theme, “AiVerse,” underscored Artificial Intelligence’s transformative potential across industries. A high-level Indian delegation, led by experts in deep-tech,…

05 May

ICICI bank expands reach with new branch in Muzaffarpur

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ICICI Bank has inaugurated a new Business Centre branch at Laxmi Chowk, Brahampura, marking its eighth branch in Muzaffarpur and the tenth in the district. The new facility, which includes a 24x7 ATM, was officially opened by Dr. Mithilesh Kumar Jha, Principal of Muzaffarpur Institute of Technology, in a ceremony held earlier this week. The branch will offer a wide array of banking services, including savings and current accounts, fixed and recurring deposits, and various loan options such as home, personal, auto, gold, business, and education loans. Customers will also have access to a locker facility for safekeeping of valuables.…

05 May

Nissan drives record FY25 sales with Magnite surge, reinforces commitment to India

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Nissan Motor India has achieved its highest consolidated annual sales in seven years, clocking over 99,000 units in FY2024-25, propelled by the strong performance of the New Nissan Magnite. This marks a 35% year-on-year growth, with domestic sales at over 28,000 units and exports hitting a historic high of over 71,000 units under the company’s ‘One Car, One World’ strategy. The New Nissan Magnite, launched in October 2024, played a central role in this success, gaining momentum in both domestic and international markets. Nissan expanded its export footprint from 20 to over 65 countries, including left-hand-drive (LHD) markets like Saudi…

05 May

Sennheiser launches unbeatable summer sale with discounts up to 58% on premium audio gear

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Sennheiser is heating up this summer with incredible discounts on their premium audio products during the Amazon Summer Sale 2025, beginning May 1. Customers can enjoy savings of up to 58% on top-rated audio gear, including headphones, microphones, and more, making this an unmissable event for audio enthusiasts. Popular products featured in the sale include the Sennheiser Profile Streaming Set USB Microphone, perfect for podcasters and streamers, and the acclaimed MOMENTUM 4 (Copper) headphones, offering adaptive noise cancellation and 60 hours of battery life. Also up for grabs are the HD-25 Plus headphones, beloved by audio professionals, and the highly…

05 May

Indian Bank’s fourth quarter profit rises 32 percent to Rs 2,956 crore

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New Delhi, State-owned Indian Bank on Saturday reported that its net profit for the March 2024-25 quarter rose 32 percent to Rs 2,956 crore, led by reduction in bad loans and rise in core income.The Chennai-based lender had reported a net profit of Rs 2,247 crore in the same period a year ago.During the quarter, the bank's total income rose to Rs 18,599 crore from Rs 16,887 crore a year ago, Indian Bank said in a regulatory filing.Interest income rose to Rs 15,856 crore from Rs 14,624 crore in the fourth quarter of the previous fiscal. Net interest income (NII)…

03 May

DSP Mutual Fund launches Silver ETF Fund of fund for convenient investment in silver

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DSP Mutual Fund has launched the DSP Silver ETF Fund of Fund, a new open-ended scheme that allows investors to gain exposure to silver through a mutual fund structure. This Fund of Fund will primarily invest in DSP Silver ETF units, offering returns that mirror the performance of physical silver in domestic markets. The launch comes as silver continues to play a critical role in industries like electronics, automotive, and jewelry. With rising demand driven by the global shift towards renewable energy, silver's role in the production of solar panels, electric vehicles (EVs), and 5G networks is expected to grow.…

03 May

Strategic skilling partnership to boost Saudi Arabia’s workforce transformation

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In a significant step toward Saudi Arabia’s Vision 2030, NSDC International (NSDCI) and Takamol Holding have entered into a strategic partnership to implement the Skill Accelerator Program, a key initiative aimed at transforming the Kingdom's workforce. This program addresses the urgent need to align workforce skills with the evolving demands of industries across the country. The Skill Accelerator Program focuses on bridging sector-specific skill gaps by co-developing effective skilling strategies and innovative delivery models. Through this collaboration, NSDCI will provide expertise in workforce analytics, curriculum development, and global benchmarking, enhancing Saudi Arabia's human capital capabilities. This partnership strengthens India’s position…

03 May

After Kamiliant’s first-ever TVC campaign, it is back with an even more action-packed sequel!

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Kamiliant, a brand popular for its bold, durable, and stylish luggage, has revolutionized the world of travel bags since its establishment in 2014. Kamiliant perfectly blends strength with vibrant aesthetic, providing the ideal choice for modern-day travelers, who demand reliability without compromising on style. Designed to take on any journey, Kamiliant luggage is built and ready for anything – from a rugged expedition to an action-packed journey! After the successful debut of its first-ever TVC campaign, Kamiliant is back with an even more action-packed sequel! Featuring Bollywood’ action sensation Tiger Shroff and the versatile Nikita Dutta, the latest TVC is a spoof of widely accepted Indian period films,…