Business - The Purbottar

06 Aug

Bharti Airtel Q1 results: Cons PAT flourish 158% YoY to Rs 4,160 crore, ARPU at Rs 211

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Leading telecom company Bharti Airtel on Monday reported a 158% year-on-year rise in its consolidated net profit at Rs 4,160 crore for the first quarter ending June 30, 2024. Profit beat Street calculation by a wide margin.In an ET Now poll, it was estimated that the profit would be around Rs 3,661 crore. Revenue from operations grew 3% year-on-year to Rs 38,506 crore in the period under review, slightly below the poll estimate of Rs 38,523 crore.The company had reported a profit of Rs 1,612 crore and revenue of Rs 37,440 crore in the first quarter of the last financial…

05 Aug

Federal Bank announces 8th skill academy in Guwahati, enhances youth opportunities

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Federal Bank has launched its eighth Federal Skill Academy, marking a significant milestone in its Corporate Social Responsibility (CSR) initiatives. The new academy, situated within the Don Bosco Institute (DBI) in Joypur, Kharghuli, aims to equip economically disadvantaged youth with essential skills and vocational training. The inauguration ceremony, held amidst high anticipation, was led by Shyam Srinivasan, MD & CEO of Federal Bank. The event was further distinguished by the presence of Venkatraman Venkateswaran, Group President & CFO, who delivered the Presidential Address, and a blessing from His Excellency Archbishop John Moolachira of the Archdiocese of Guwahati. The occasion was…

05 Aug

Pehla Pyaar <1% Chance stars Krish Rao and Arista Mehta reflect on Friendship Day

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As Friendship Day approaches, the stars of Sony LIV’s upcoming show Pehla Pyaar <1% Chance, Krish Rao and Arista Mehta, share their thoughts on the essence of friendship. The series, premiering on August 5, 2024, delves into the heart of true friendship and love, mirroring the personal experiences of its leads. Krish Rao, who plays Murlidhar Sharma, reveals that his role in the show has deepened his understanding of friendship. “Working on this show has not only provided me with a new perspective on life but also gifted me lifelong friends,” Rao says. He emphasizes the bond he has formed…

05 Aug

Ritesh Khosla appointed General Counsel of Sony Pictures Networks India

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Sony Pictures Networks India (SPNI) has announced the appointment of Ritesh Khosla as its new General Counsel, effective September 1, 2024. Khosla takes over from Ashok Nambissan, who is retiring after a distinguished tenure. Khosla, who has been with SPNI for six years as Deputy General Counsel, brings over two decades of legal expertise in mergers and acquisitions, joint ventures, regulatory frameworks, compliance, corporate governance, complex litigation, and intellectual property rights. In his new role, Khosla will manage SPNI's Corporate Relations, Legal and Regulatory Affairs, and oversee the company's legal risks and compliance initiatives. Khosla is expected to strengthen SPNI’s…

05 Aug

Harpic’s new campaign ‘Bathroom Jagmagaye Toh Din Ban Jaaye’ promises sparkling mornings

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Harpic, a leader in bathroom cleaning solutions, has unveiled its latest campaign, ‘Bathroom Jagmagaye Toh Din Ban Jaaye’. Featuring actors Karan Wahi in the North and Erode Mahesh in the South, the campaign underscores the crucial link between bathroom cleanliness and a positive start to the day. The campaign highlights how a clean bathroom can significantly uplift one's mood, setting a positive tone for the day ahead. In contrast, a dirty bathroom with stains and odors can negatively affect one's morning. Harpic’s Bathroom Cleaner is designed to provide superior cleaning, eliminating 99.9% of germs and leaving a fresh fragrance, ensuring…

05 Aug

Nissan launches all-New X-TRAIL in India with groundbreaking technology

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Nissan Motor India has officially launched the much-anticipated All-New 4th Generation X-TRAIL in India, marking its debut with an introductory price of INR 49.92 lakh (ex-showroom, Delhi). This 'Made in Japan' SUV stands out as the only CBU (Completely Built-Up) vehicle in its segment in the Indian market, boasting the world's first production engine with Variable Compression Turbo technology. The X-TRAIL is engineered to deliver superior power and fuel efficiency, leveraging its Variable Compression Engine and advanced 3rd generation XTRONIC CVT with D-Step Logic Control. The inclusion of a 12V ALiS mild hybrid system further enhances fuel economy while reducing…

05 Aug

Flipkart launches FlipInTrends to boost growth for made-in-India fashion brands ahead of festive season

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Flipkart has announced its new initiative, FlipInTrends, aimed at driving growth for Made-in-India fashion brands as the festive season approaches. The launch event, held in New Delhi, saw participation from over 100 Indian fashion brands and featured prominent personalities including Rhea Kapoor, Mouni Roy, and Rithvik Dhanjani. FlipInTrends leverages advanced generative AI, merchandising innovations, and insights from Flipkart’s 500 million registered users to enhance product offerings and align with the latest fashion trends. The initiative is designed to keep fashion sellers informed with up-to-date trend forecasts through the Flipkart Seller app, ensuring the availability of the most relevant styles. Industry…

05 Aug

Kolkata grooves to K-Pop at regional round of all India contest

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Kolkata witnessed a vibrant celebration of K-Pop culture as hundreds gathered at the Eastern Zonal Cultural Centre in Bidhannagar for the regional round of the All India K-Pop Contest 2024. Out of 1,695 online registrations, 52 participants showcased their talent, with 19 teams making it to the stage.'Krazyones The Flowerknights' stole the show in the dance category with their performance of 'Sugar Rush Ride' by TXT. Ancy Irengbam's rendition of 'No.1' by BoA earned her the top prize in the vocal category. Both winners will advance to the semi-final in New Delhi on October 19, 2024. Among other notable performances,…

05 Aug

Godrej Industries hosts inaugural ‘National Chemistry Day’ summit, drive innovation and sustainability

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Godrej Industries Group (GIG) celebrated the first edition of its ‘National Chemistry Day’ Summit today, bringing together leaders from academia and industry to explore transformative trends and technologies in the chemical sector. This event, spearheaded by Godrej Chemicals and Astec LifeSciences, aimed to highlight how India’s chemical industry can adapt and thrive in a rapidly evolving global landscape.India’s chemical industry, contributing 7% to the nation's GDP and ranking sixth globally, plays a pivotal role in various sectors. The summit focused on addressing current challenges and opportunities through dynamic panel discussions. Nadir Godrej, Chairman and Managing Director of Godrej Industries Limited,…

03 Aug

Godrej Agrovet to acquire full control of Godrej Tyson Foods

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Godrej Agrovet Limited (GAVL), one of India's leading food and agri-business conglomerates, has announced a major strategic move to acquire the remaining 49% stake in Godrej Tyson Foods Limited (GTFL) from Tyson India Holdings Limited, an affiliate of Tyson Foods, Inc. This acquisition will boost GAVL's stake in GTFL from 51% to 100%, further consolidating its presence in the poultry and processed foods sector. Founded in 2008 as a joint venture between GAVL and Tyson Foods, GTFL is known for its processed poultry products and live poultry birds, marketed under the brands 'Real Good Chicken' and 'Yummiez'. The company has…