Business - The Purbottar

24 Feb

Bajaj Allianz General Insurance launches Global Insurance Excellence Awards 2025

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Bajaj Allianz General Insurance has announced the launch of the Global Insurance Excellence Awards (GIEA) 2025 to honour outstanding general and health insurance advisors across Asia, the Middle East, and North Africa. The awards, administered by Asia Insurance Review (AIR), aim to recognise excellence in the insurance advisory sector. The awards will feature eleven distinct categories, acknowledging achievements in health, motor, property, and multiline insurance, among others. A panel of eminent international experts, including industry leaders from Singapore, Malaysia, Egypt, Sri Lanka, and India, will evaluate the nominees. Winners will be announced later in the year and celebrated at a…

24 Feb

Zupee and STAN host India’s largest Ludo fest in Kolkata

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India’s gaming landscape witnessed a historic moment as Zupee, a leading skill-based gaming platform, in collaboration with STAN, India’s largest gaming community, hosted LudoFest 2025 at the Lakeside Venue of Calcutta Boating and Hotel Resorts. The event, held on Saturday, brought together over 10,000 gaming enthusiasts, making it India’s largest-ever Ludo and creator fest. The highlight of the event was a 500-player Ludo tournament, where participants competed for a prize pool worth lakhs. Attendees also had a unique opportunity to engage with top creators, including Elvish Yadav, Jisshu Sengupta, and 100-150 regional influencers. The event featured multiple gaming booths, interactive…

24 Feb

Moto Morini Seiemmezzo 650 range starts at ₹4.99 lakhs

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Adishwar Auto Ride India (AARI) has announced a major price revision for the Moto Morini Seiemmezzo 650 range, reducing prices by up to ₹2 lakh. This move makes the premium Italian motorcycles more accessible to Indian riders and aligns with AARI’s 2025 vision for Moto Vault and Moto Morini. The new pricing, effective February 20, 2025, positions the MM Seiemmezzo 650 Retro Street at ₹4.99 lakh (down by ₹2 lakh) and the MM Seiemmezzo 650 Scrambler at ₹5.20 lakh (reduced by ₹1.90 lakh). These revised prices apply to all available color options. AARI Managing Director Vikas Jhabakh stated, “Moto Morini…

22 Feb

JSW Infrastructure shares increase 9% after Motilal Oswal picks it as top pick in ports sector

editorBusiness, News

Shares of JSW Infrastructure jumped 9 percent to Rs 260 on February 21 afternoon. It has gained for the second consecutive session after domestic brokerage firm Motilal Oswal picked the stock as a 'top pick' in the ports sector. The brokerage has set a target price of Rs 330, which implies a 39 percent upside potential from its last close price of Rs 238 on the National Stock Exchange. JSW Infrastructure shares have gained 11 percent this week. India's ports sector handles 95 percent of the country's export volume and 70 percent of its export value, with Motilal Oswal forecasting…

21 Feb

Škoda Auto India partners with Ranveer Singh to drive market expansion

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Škoda Auto India has announced Ranveer Singh as its first-ever “Brand Superstar,” aligning with its 25th-anniversary celebrations and strategy to deepen engagement in India’s growing automotive market. This move follows the launch of Škoda’s first sub-4-metre SUV, the Kylaq, aimed at expanding its presence across key Indian markets. Petr Janeba, Brand Director, Škoda Auto India, remarked, “As we celebrate 25 years in India, we are revamping our business strategy. Ranveer Singh’s vibrant energy mirrors Škoda’spassion, helping us strengthen our connection with customers.” Singh expressed excitement, noting, “Škoda’s innovative product lineup caters to India’s evolving automotive landscape, and I look forward…

21 Feb

Bajaj Allianz Life launches guaranteed pension goal II with industry-first 30-year deferment

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Bajaj Allianz Life Insurance has unveiled its new pension product, Bajaj Allianz Life Guaranteed Pension Goal II, featuring a first-of-its-kind 30-year deferment option. The non-linked, non-participating annuity plan allows individuals as young as 35 to begin retirement planning with customizable options and lifelong income security. Announcing the product, MD & CEO Tarun Chugh said, “With life expectancy rising and limited social security options in India, retirement planning is crucial. Our Guaranteed Pension Goal II provides flexibility and certainty, ensuring a steady income stream for life.” The plan offers multiple annuity options, customizable Return of Purchase Price (ROP), and exclusive benefits…

21 Feb

Managing diabetes to safeguard heart health: Experts share key insights

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The link between diabetes and heart health is crucial but often overlooked. Elevated blood sugar levels can damage blood vessels and nerves, raising the risk of heart complications. Experts are now emphasizing preventative measures to help individuals with diabetes protect their heart health. Dr. Nripen Das, Senior Internist & Consultant at Caremed Cardio-Diabetic Centre, Guwahati, highlighted the growing issue in India: “Many young people with diabetes are now reporting heart-related complications. Mismanaged diabetes can lead to high blood pressure, bad cholesterol, and triglycerides, increasing cardiovascular risks. Following a heart-healthy diet, exercising regularly, and using tools like continuous glucose monitoring (CGM)…

21 Feb

Bandhan Bank shares surge 5% after CLSA upgrades stock; see latest target price

editorBusiness, News

Bandhan Bank shares surged 5% in early trade on Friday after global brokerage firm CLSA upgraded the stock to ‘High-Concept Outperform’, estimating a massive upside potential of 61%.CLSA sets a price target of Rs 220 for the stock, supported largely by the lender’s outperformance compared to peers in the current MFI (Micro Finance Institution) cycle. The MFI sector has been grappling with persistent challenges and constraints over the last five-six months, resulting in a significant deterioration in asset quality.Going forward, CLSA believes that the Indian microfinance sector will recover from bad to less bad in a few quarters and from…

20 Feb

Tata Coffee Gold Hazelnut offers a nutty twist to your daily cup

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Tata Coffee has launched its new Gold Hazelnut Flavoured Instant Coffee, promising to elevate coffee lovers’ everyday brews with a rich, nutty essence. Combining high-quality coffee beans with hazelnut flavor, the freeze-dried blend offers an indulgent experience without the need for a barista. This premium blend delivers a velvety, well-rounded cup in seconds, with a smooth, subtly sweet hazelnut twist. Designed for convenience and taste, Tata Coffee Gold Hazelnut caters to coffee lovers seeking bold flavors and a balanced finish. Priced at ₹375 for a 50g jar, the product is available through general trade, modern trade, e-commerce, and quick commerce…

20 Feb

Tata Tea Premium celebrates India’s diversity with regional blends

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Tata Consumer Products’ flagship brand, Tata Tea Premium, has launched a range of regionally inspired tea blends to cater to the diverse tastes of India’s tea lovers. Known as "Desh Ki Chai," the carefully crafted blends aim to offer a unique and delightful tea experience with rich flavors and aromatic profiles tailored to regional preferences. The range includes "Rich Assam Chai" for Delhi, "Kadak Assam Chai" for Haryana and Odisha, "BadiDanedaar Chai" for Punjab, "Dumdaar Chai" for Uttar Pradesh, and "SwadBhari Chai" for West Bengal. Each variant is designed to reflect the unique tea-drinking habits and flavor preferences of the…