Business - The Purbottar

17 Oct

IDF launches framework to differentiate skill-based and chance games at gaming convention

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At the India Gaming Convention 2024, the India Development Foundation (IDF) unveiled a pioneering report titled “Modeling the Role of Skill in Online Games.” This study offers a quantitative framework that statistically distinguishes games of skill from games of chance, marking a significant advancement in the regulation of online gaming in India. Professor Shubhashis Gangopadhyay, Research Director of India Development Foundation, said, “Distinction between games of skill and games of chance is critical to safeguarding legal online gaming and mitigating the risks stemming from the proliferation of betting and gambling platforms. Establishing an objective game testing framework to distinguish games…

16 Oct

South Indian Bank shares upsurge 5% after Q2 earnings, check details

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South Indian Bank shares on Wednesday rose 5.42% to Rs 25.25 on BSE as against its last close of Rs 23.95.South Indian Bank shares rallied 5% in the afternoon session today, as the bank announced its second quarter earnings. Net profit rose 18% to Rs 325 crore in the quarter as against Rs 275 crore in the same quarter last fiscal. Total income rose to Rs 2,804 crore in the second quarter as against Rs 2,485 crore in the same period last year. The bank earned interest income of Rs 2,355 crore during the quarter, as against Rs 2,129 crore…

16 Oct

Citroën Basalt achieves 4-star Bharat NCAP safety rating, reinforces commitment to passenger safety

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Citroën India has announced that its all-new Basalt, India's first mainstream ICE SUV Coupé, has earned an impressive 4-star rating in the Bharat New Car Assessment Program (Bharat NCAP) safety tests. With a score of 26.19/32 in Adult Occupant Protection (AOP) and 35.90/49 in Child Occupant Protection (COP), the Basalt stands out for its robust safety performance, equipped with six airbags, Electronic Stability Control (ESC), and ISOFIX anchors. This accolade highlights Citroën’s commitment to prioritizing passenger safety, with over 40 active and passive safety features as standard across all variants. Notably, the Basalt achieved full points in Side Crash Protection,…

16 Oct

Protect your loved ones: Meningitis prevention takes center stage on World Meningitis Day

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As the world observes World Meningitis Day, a serious vaccine-preventable infection looms large, especially for children. Meningitis, an inflammation of the membranes surrounding the brain and spinal cord, poses a severe health crisis with over 2.5 million cases reported annually worldwide. Tragically, nearly 70% of fatalities occur in children under five, underscoring the urgency for increased awareness and preventive measures. Dr. Subhasish Bhattacharyya, Head of Pediatrics at CSS College in Kolkata, emphasizes the critical role of vaccination, stating, “The devastating impact of meningitis can be prevented with timely vaccination.” The Indian Academy of Pediatrics recommends a meningococcal vaccine regimen for…

16 Oct

Vaccination: A lifesaving shield against meningitis

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As the world observes World Meningitis Day, health experts emphasize the critical importance of vaccination in combating this vaccine-preventable disease, especially among children. With over 2.5 million cases reported annually, meningitis poses a significant health threat, claiming the lives of nearly 70% of its victims—most of whom are under five years old. Meningitis, characterized by the inflammation of the protective membranes surrounding the brain and spinal cord, can arise from bacterial, viral, or fungal infections. Common symptoms include fever, neck stiffness, and confusion, while severe cases may lead to neurological deficits or even death. In India, the situation is alarming,…

16 Oct

Vaccination vital in combatting meningitis: A call to action

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On World Meningitis Day, health experts are emphasizing the critical importance of vaccination in preventing this life-threatening disease, which significantly impacts children. Meningitis, characterized by inflammation of the protective membranes around the brain and spinal cord, can be caused by bacterial, fungal, or viral infections. With over 2.5 million people affected globally each year, and nearly 70% of fatalities occurring in children under five, the need for awareness and vaccination is urgent. India ranks among the top three countries for meningitis-related deaths, particularly concerning strains like Neisseria meningitidis, which can have a fatality rate of up to 50% without treatment.…

16 Oct

Oxford University Press launches trilingual Sanskrit-Hindi-English dictionary

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Oxford University Press (OUP) has launched a trilingual Oxford Sanskrit-Hindi-English dictionary in collaboration with the Uttar Pradesh Sanskrit Sansthanam (UPSS), marking a significant addition to its portfolio of Indian language dictionaries. This initiative aims to preserve and promote the Sanskrit language, which was granted ‘Classical’ status in 2005, and aligns with the Indian government's recent inclusion of Marathi, Pali, Prakrit, Assamese, and Bengali as classical languages. The new dictionary features over 25,000 carefully selected words, aiming to make Sanskrit accessible to learners worldwide. Mr. Sumanta Datta, Managing Director of OUP India, emphasized the dictionary's role in fostering linguistic diversity and…

16 Oct

MSDE collaborates with Meta to enhance Skill India Mission through AI and VR initiatives

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The Ministry of Skill Development & Entrepreneurship (MSDE) has announced a strategic partnership with Meta, unveiling two groundbreaking initiatives aimed at revolutionizing India’s skill development landscape. The collaboration will see the launch of an AI Assistant for the Skill India Mission and the establishment of five Centers of Excellence (CoEs) in Virtual Reality (VR) and Mixed Reality (MR). Under this initiative, an AI-powered chatbot, leveraging Meta's open-source Llama model, will enhance user experiences on the Skill India Digital (SID) Portal. This innovative tool aims to streamline information access, boost learning outcomes, and provide 24/7 support for students. Additionally, the five…

16 Oct

TKM introduces Urban Cruiser Hyryder ‘Festival Limited Edition’

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Reinforcing its legacy of innovation and customer-centric approach, Toyota Kirloskar Motor (TKM) has announced the introduction of the Urban Cruiser Hyryder ‘Festival Limited Edition’, featuring exclusive Toyota Genuine Accessories (TGA) Package. This latest addition to the Urban Cruiser Hyryder line-up comes with 13 specially designed TGA, further enhancing the dynamic and premium driving experience. New Festival Limited Edition of the Urban Cruiser Hyryder comes with Premium Accessories package, adding Style, Smartness and Comfort. Available in both Hybrid and Neo Drive powertrains in top 2 variants G and V, offers, a complimentary package worth ₹50,817 for a limited time across all…

14 Oct

Bajaj Auto Q2 preview: Strong volumes, rich product mix may drive revenue up 23%

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Pune-headquartered Bajaj Auto Ltd is set to release its earnings report for the second quarter of FY 2025 on October 16. Increase in volumes and diversified product mix are expected to drive the company's sales to double-digit growth rate on a year-on-year basis.According to a Moneycontrol poll of eight brokerage firms, the Triumph maker is projected to report a 23 per cent year-on-year growth in revenue to reach Rs 13,266 crore. Net profit is estimated to rise 21 per cent to Rs 2,227 crore from Rs 1,836 crore in the same quarter last fiscal.Earnings estimates of analysts surveyed by Moneycontrol…