Business - The Purbottar

17 Aug

2024 Jawa 42 launches with new features and attractive pricing

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Jawa Yezdi Motorcycles has unveiled the 2024 Jawa 42, setting a new standard in the neo-classic motorcycle segment. With its new J-Panther engine, the bike delivers a robust 27.32 PS of power and 26.84 Nm of torque, all starting from an attractive price of Rs. 1,72,942. The latest model brings 42+ upgrades, combining advanced technology with refined performance for an unmatched riding experience. The 2024 Jawa 42 features a sleek design with 14 vibrant color options, including six new shades such as Vega White and Celestial Copper Matte. Technological advancements include optimized gearing, enhanced throttle maps, and a digital speedometer…

17 Aug

Gold downfalls by Rs 400; Silver rises by Rs 800

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According to the All India Bullion Association, the price of gold in the national capital fell by Rs 400 to Rs 72,750 per 10 grams on Friday.In the previous session, the precious metal had closed at Rs 73,150 per 10 grams.Commodity markets were closed on Thursday on the occasion of Independence Day. Silver prices rose by Rs 800 to Rs 84,000 per kg, from Rs 83,200 per kg at the previous close.Meanwhile, gold of 99.5 percent purity fell by Rs 400 to Rs 72,400 per 10 grams. In the last session it had closed at Rs 72,800 per 10 grams.On…

16 Aug

Multimodal education surges ahead; LEAD Group survey highlights enhanced learning outcomes

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A recent survey conducted by LEAD Group reveals that schools utilizing multimodal education significantly outperform those relying solely on traditional textbooks. The ‘Pulse of School Leaders Survey’ assessed over 500 private schools, encompassing nearly 1.7 lakh students, and highlighted that integrated learning systems markedly improve student outcomes. The study found that schools employing multimodal approaches—incorporating textbooks, videos, and interactive activities—report superior results in conceptual understanding, confidence, and English proficiency. Specifically, 93% of schools using Integrated Systems noted high levels of conceptual understanding in Math and Science, compared to 85% in traditional settings. Similarly, 87% of these schools reported good confidence…

16 Aug

Bayer announces Saridon® Woman: India’s pioneering solution for period pain

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Bayer has launched Saridon® Woman, a groundbreaking period pain relief solution designed to address the common yet disruptive discomfort experienced during menstruation. The introduction of Saridon® Woman, under the #NoPainPeriod Campaign, marks a significant advancement in over-the-counter (OTC) pain management, offering a dual-action formula that combines Paracetamol with the plant-based molecule Hyoscine Butylbromide. This novel formulation delivers fast, long-lasting relief from abdominal cramps, backache, and headaches. A recent survey published in the European Research Journal highlighted that 81% to 93% of women suffer from severe menstrual pain, with 63% of young women experiencing social withdrawal due to these issues. Saridon®…

16 Aug

Nissan offers comprehensive support for flood-affected vehicles across India

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In the wake of severe flooding affecting numerous regions in India, Nissan Motor India Pvt. Ltd. (NMIPL) has rolled out an extensive support initiative for customers whose vehicles have been impacted. The company has set up a special helpdesk to assist owners of flood-affected cars and is providing free Roadside Assistance (RSA) services, including vehicle towing to authorized Nissan service centers. To further alleviate the financial strain on customers, Nissan is waiving insurance claim process fees up to INR 1000 for flood-damaged vehicles. Additionally, the company is offering a 10% discount on engine oil and oil filter replacements, floor carpet…

16 Aug

State Bank of India inflation MCLR by 10 bps for all tenors

editorBusiness, News

State Bank of India (SBI) has increased the marginal cost of lending rate (MCLR) by 10 basis points (bps), effective from today. The MCLR hike by SBI comes days after the Reserve Bank of India (RBI) left the repo rate unchanged at 6.5 percent. Overnight and one month MCLR have been increased to 8.2 percent and 8.45 percent respectively. The revised rate for six-month MCLR is 8.85 percent, which was earlier 8.75 percent. The bank will charge MCLR of 8.95 percent on one year loan. The revised MCLR on loans with tenures of two years and three years is 9.05…

16 Aug

NSE’s Independence Day message: Strengthening nation-building through capital markets

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On the occasion of India's 78th Independence Day, Shri Ashishkumar Chauhan, Managing Director and CEO of the National Stock Exchange (NSE), reinforced the organization's dedication to economic growth and investor protection. Chauhan's remarks highlighted the NSE's commitment to building a robust and inclusive financial ecosystem in India. Chauhan stated, “On the occasion of India’s 78th Independence Day, let us honour the sacrifices of our freedom fighters who envisioned a progressive and prosperous country. As a catalyst for wealth creation in India in addition to being a front-line regulator, we are committed to building a stronger and more inclusive nation. NSE…

14 Aug

Shopsy launches ‘Rakhi Store’ with exclusive offers for Raksha Bandhan celebrations

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Shopsy has launched its much-anticipated ‘Rakhi Store,’ a special initiative running from July 13th to August 21st, to celebrate Raksha Bandhan. Under the theme ‘Iss Raksha Bandhan, Shopsy Bharat ki har pasand laya hai,’ the store promises a diverse selection of over 10,000 Rakhi styles, catering to various tastes across India. The Rakhi Store offers everything from traditional to contemporary designs, complemented by exclusive gift combos, fashion items, and chocolates, starting at just ₹49. Shopsy’s focus on value-driven, stylish shopping caters to millennials and Gen Z in Tier 2 and Tier 3 cities, providing a seamless and affordable experience. The…

14 Aug

Vi rolls out Independence Day offers with extra data and OTT perks for prepaid customers

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Telecom giant Vi (Vodafone Idea) has introduced a series of exclusive Independence Day offers for its prepaid customers, enhancing value with additional data and OTT subscriptions. The limited-time offers, valid from August 13 to August 28, 2024, are accessible only through the Vi App. Key highlights of the promotion include 30GB to 50GB of extra high-speed data for customers opting for half-yearly or annual recharge packs. The extra data remains valid for 45 days on half-yearly packs and 90 days on annual packs. Moreover, Vi is offering a one-year subscription to OTT platforms like Disney+ Hotstar and Amazon Prime Video…

14 Aug

HAL Q1 results: Net profit expansion 77% to Rs 1,437 crore

editorBusiness, News

Hindustan Aeronautics Limited (HAL) on August 14 reported that its Q1FY25 consolidated net profit rose 77 per cent year-on-year to Rs 1,437 crore from Rs 814 crore in the same period last year. The PSU defense major's consolidated revenue from operations in the April-June quarter rose 11 per cent to Rs 4,348 crore from Rs 3,915 crore a year ago.Total income in the quarter under review increased by almost 18 percent to Rs 5,083 crore. In the year-ago period it was reported to be Rs 4325 crore. There was a slight increase in the company's expenses in the June quarter…