Business – Page 3 – The Purbottar

26 Nov

Ekart’s 8X growth in supply chain monetization drives change in India’s logistics landscape

Business BureauBusiness

Ekart, a prominent player in India's 4PL logistics industry, has achieved remarkable 8X growth in supply chain monetization over the last three years. The company’s expansive logistics network covers 98% of Indian postal codes, with a daily capacity exceeding 6 million shipments, supported by over 50 million cubic feet of warehousing and a fleet of 7,000 trucks. Ekart’s diversified offerings, including last-mile deliveries, PTL/FTL movements, and document delivery for financial institutions, have driven efficiency and scalability for brands across India. In the highly competitive logistics market, Ekart’s innovations have helped e-commerce giants like Snapdeal and HomeCentre navigate peak demand seasons…

26 Nov

Byatikram MASDO hosts successful Third Edition of Byatikram International Writers Meet 2024 in Guwahati

Business BureauBusiness

The Byatikram International Writers Meet 2024 concluded successfully in Guwahati from November 22 to 25, bringing together celebrated writers from around the world. Organized by Byatikram MASDO, the event fostered intellectual exchange and celebrated global literary achievements. The event featured an impressive roster of international writers, including Tendo Taijin from Japan, Alexandra Nicod from Switzerland, MiodragJaksic from Serbia, and Jorge Contreras Herrera from Mexico, among others. Renowned Indian authors such as Dr. Reshma Ramesh and Ashok Chakraborty also participated. The inaugural session, held at Aurus Mall in Dispur, was graced by notable dignitaries, including Dr. Rita Chowdhury and Shankar LallGoenka,…

25 Nov

NTPC shares increase 3% on Bernstein’s ‘outperform’ call; sees 20% rally

Priyanka RoyBusiness, News

NTPC shares rose 3 per cent in morning trade on November 25 to hit Rs 377, continuing its gains for the second consecutive trading session after Bernstein maintained an 'outperform' rating on the company and raised the target price.With a target price of Rs 440, the international brokerage forecasts a 20.5 per cent upside from current market levels, citing strong power demand, lack of evening hours and the company's debt-cost advantage as key drivers.While analysts do not see any significant upside beyond these factors, they are also not expecting downside risk. NTPC shares are currently valued at 16 times FY25…

25 Nov

S-ILF marks 18 years of empowering communities, expands national reach

Business BureauBusiness

The Sasakawa-India Leprosy Foundation (S-ILF) commemorated its 18th Foundation Day at the Vishwa Yuvak Kendra (VYK) in New Delhi, celebrating nearly two decades of impactful work towards empowering individuals affected by leprosy and their families. The event, attended by key dignitaries including Mr. Baijayant Panda, Member of Parliament, and Mr. YoheiSasakawa, WHO Goodwill Ambassador for Leprosy Elimination, underscored the organization's commitment to promoting inclusion and fighting stigma. Chairman of S-ILF, Mr. Tarun Das, highlighted the significant milestones achieved, such as expanding operations to 17 states across India and decentralizing efforts with the establishment of three zonal offices. "Our journey has…

25 Nov

Union Minister Giriraj Singh inaugurates Bihar’s largest apparel training and production centre in Begusarai

Business BureauBusiness

Union Minister of Textiles, Giriraj Singh, unveiled the Jeevika Didi Training Cum Production Centre today in Begusarai, Bihar, marking a milestone in empowering rural women in the textiles sector. This state-of-the-art facility, developed in collaboration with the National Skill Development Corporation (NSDC), NIFT Patna, and five Sector Skill Councils (SSCs), will serve as both a training hub and production center for Self-Help Groups (SHGs) across the region. Spanning 10,000 square feet, the center will provide women with crucial skills in production, branding, financial literacy, and e-commerce, enabling them to transform raw fabric into marketable products for both local and global…

25 Nov

NESFB Reports Strong Financial Growth Post-Merger with slice

Business BureauBusiness

North East Small Finance Bank (NESFB) has announced significant improvements in its financial health following the successful merger with slice on October 27, 2024. The integration combines NESFB’s established banking foundation with slice’s technological expertise, enhancing the bank's operational capabilities. With a Capital to Risk-weighted Assets Ratio (CRAR) of 23.5% and a net worth of Rs 920 crores, NESFB is well-positioned for growth and strategic expansion, particularly in the underserved Northeast region. The bank also reported a reduction in Net Non-Performing Assets (NNPA) to 4.6%, indicating improved asset quality. Managing Director & CEO of NESFB, Mr. Satish Kumar Kalra, emphasized…

25 Nov

Air India Express expands flight operations from Guwahati for winter season

Business BureauBusiness

Air India Express is ramping up its operations from Guwahati as part of its winter schedule, with over 105 weekly flights now connecting the city to domestic and international destinations. This marks a significant increase from the 63 weekly flights offered last winter, underlining the airline's commitment to strengthening connectivity to Northeast India. The expanded schedule includes direct flights to popular destinations like Agartala, Bengaluru, Chennai, Delhi, and Kolkata, along with one-stop connections to 18 other cities. Dr. Ankur Garg, Chief Commercial Officer of Air India Express, expressed, "This nearly doubled number of flights from Guwahati highlights our focus on…

23 Nov

Oxford University Press hosts Claire Horsburgh’s workshop in Kolkata to revolutionize english teaching

Business BureauBusiness

Oxford University Press (OUP) hosted a dynamic workshop in Kolkata led by Claire Horsburgh, a renowned author and educator, to promote joyful and experiential learning in English education. Aligned with the National Curriculum Framework (NCF-2023), the workshop aimed to equip educators with innovative teaching methods that emphasize application-based and activity-driven approaches over rote learning. The event also marked the launch of the 2025 edition of New Oxford Modern English (NOME), a flagship English textbook designed to foster language proficiency, cultural integration, and 21st-century skills. Claire Horsburgh highlighted the need for holistic learning, which integrates art, Indian literary heritage, and cross-curricular…

23 Nov

Bajaj Allianz marks International Fraud Awareness Week 2024 with call to tackle insurance fraud

Business BureauBusiness

Bajaj Allianz General Insurance, led by its Chief of HR, ILM & Administration, Vikramjeet Singh, has joined global efforts to mark International Fraud Awareness Week 2024, highlighting the urgent need to combat insurance fraud. The company emphasized that fraud not only undermines trust but also inflates premiums and impacts genuine claim settlements. The insurance sector, integral to industries like healthcare, infrastructure, and agriculture, is hindered by fraudulent practices, costing crores annually. Common fraud types include staged accidents, phantom billing by healthcare providers, fake policies sold by fraudsters, and inflated claims for non-existent damage. Such activities erode consumer confidence and hinder…

23 Nov

SOTC Travel launches regional film campaign celebrating India’s diversity

Business BureauBusiness

SOTC Travel has unveiled a new campaign featuring six films in key regional languages to mark its 75th anniversary. Emphasizing its positioning, "No one understands the Indian Traveller better than SOTC," the campaign celebrates India's cultural richness and aims to connect with modern Indian travelers through compelling narratives. The Bengali film highlights a family balancing passions: the father’s love for football with dreams of visiting iconic UK stadiums and the mother’s desire to explore top tourist destinations. Together, they turn to SOTC as their trusted travel partner, echoing the brand’s reputation as India’s favorite.With targeted regional holiday offerings, SOTC caters…