Business - The Purbottar

10 May

Bank of Baroda’s Q4 profit up marginally to Rs 4,886 Crore

editorBusiness, Economy, News

On Friday State-owned Bank of Baroda reported: a marginal 2.3% grow in net profit to Rs 4,886 Crore for the Q4 ending March 2024.A year before, the bank had earned a net profit of Rs 4,775 Crore in the January-March quarter. Total income during the quarter under review increased to Rs 33,775 Crore from Rs 29,323 Crore in the same period last year, BoB said in a regulatory filing.Interest income increase to Rs 29,583 Crore during the latest 3 month period from Rs 25,857 Crore in the same quarter a year ago.In terms of asset quality, the bank's gross non-performing…

10 May

Mamaearth’s latest campaign showcases the beauty of glass-like skin with its Rice Facewash

Business CorrespondentBusiness

Mamaearth, known for its natural personal care products, has launched a new digital campaign focusing mainly on its Mamaearth Rice Facewash. The campaign focuses on celebrating the beauty of glass-like skin and highlights the product’s connection to the traditional Korean beauty practice of using rice water for skincare. The campaign clip unfolds in an office setting after hours, where a young Korean intern admires a colleague’s radiant skin. Being fascinated by her glowing skin, she asks about the secret, leading to the revelation of Mamaearth Rice Facewash as a simplified alternative to traditional rice water skincare routines. The film reveals…

09 May

‘Kooki’ illuminates human stories and sparks social change

Business BureauBusiness

Critically acclaimed Hindi film Kooki is all set to release nationally on 28th of June 2024, the film has touched a sensitive topic and narrating a journey of a rape victim. Directed by Pranab J Deka , the movie revolves around the multiple stages and mental trauma a victim goes through. Driven by a profound commitment to social change, the decision to produce "Kooki" in Hindi marks a significant milestone for the Assamese film industry. Dr. Junmoni Devi Khound, the compassionate producer behind the project, emphasizes the film's mission, stating, "Our goal is to amplify the voices of the marginalized…

09 May

Godrej Agrovet Limited reports strong financial performance for Q4 and FY24

Business BureauBusiness

Godrej Agrovet Limited (GAVL) has announced its financial results for the fourth quarter and full year ended March 31, 2024, showcasing impressive growth and profitability across its segments.In the fourth quarter of FY24, GAVL reported consolidated revenues from operations of Rs. 2,134 crore, marking a significant increase from Rs. 2,095 crore in Q4 FY23. The company's consolidated EBITDA (excluding non-recurring & exceptional items) stood at Rs. 164 crore, compared to Rs. 76 crore in the same period last year. Profit before tax (excluding non-recurring & exceptional items) saw a remarkable surge to Rs. 83 crore from Rs. 2 crore in…

09 May

Vi leads the way, attains SOC 2 Type II attestation, redefines data security standards

Business BureauBusiness

Vi has reached a significant milestone by obtaining SOC 2 Type II attestation, marking a groundbreaking achievement in data security within the corporate landscape.Vi stands out as the sole telecom operator and Internet Service Provider (ISP) in India to secure this prestigious global recognition, demonstrating its unwavering dedication to ensuring customer trust and protecting sensitive data. The comprehensive evaluation process, overseen by AICPA (Association of International Certified Professional Accountants) registered independent CPA and VISTA InfoSec, rigorously assessed Vi's adherence to stringent criteria covering security, availability, processing integrity, confidentiality, and privacy. Mathan Kasilingam, Vi's Chief Technology and Security Officer, emphasized the…

09 May

Tata Power Q4 report: Net profit gain 11% to Rs 1,046 Crore due to higher profits

editorBusiness, Economy

New Delhi: Tata Power on Wednesday reported 11% rise in its consolidated net profit in the March quarter to Rs 1,046 Crore compared to last year mainly due to higher profits. BSE filings showed consolidated profit stood at Rs 939 Crore for the quarter ending March 31, 2023. The company's total income in the quarter increased to Rs 16.464 Crore from Rs 13,325 Crore in the year-ago period. Consolidated net profit in fiscal 2023-24 rose to record Rs 4,280 Crore from Rs 3,810 Crore in the year-ago period, the company said in a statement. Total income will increase from Rs…

08 May

Future Generali India Insurance is offering a complimentary health check-up camp in Sikkim

Business BureauBusiness

Future Generali India Insurance Company Limited (FGII) is set to conduct a series of complimentary health check-up camps in Sikkim.Scheduled in collaboration with Central Referral Hospital - Sikkim Manipal University, Gangtok, the initiative aims to provide easy access to vital health assessments while emphasizing the role of insurance in safeguarding against unforeseen medical emergencies. The inaugural health check-up camp will kick off at the State Bank of Sikkim head office in Gangtok on May 8, with another session slated for May 10 at Entel Motors, Gangtok, both commencing at 10:30 am. FGII plans to extend similar camps in the future,…

08 May

Unlock radiant skin: Dr. Geetika Mittal’s tips for summer skin health

Business BureauBusiness

As temperatures soar and summer takes full swing, the quest for glowing, healthy skin becomes a top priority. Dr. Geetika Mittal, a renowned skin expert and cosmetologist, emphasizes the importance of holistic skincare practices to combat the seasonal impact on skin health."Beauty truly emanates from feeling good inside and out," Dr. Mittal asserts, advocating for a balanced approach that encompasses both internal and external skincare routines. Her expert advice includes incorporating specific foods into one's diet to promote skin health during the summer months. Almonds, for instance, are hailed for their nutrient-rich composition, boasting essential elements like magnesium, protein, and…

08 May

Coca-Cola India teams up with Hockey India to empower women’s Hockey through national league

Business BureauBusiness

In a significant move towards fostering the growth of women's hockey in India, Coca-Cola India has forged a groundbreaking partnership with Hockey India for the inaugural National Women's Hockey League 2024. Under the banner of Coca-Cola India's #SheTheDifference campaign, the collaboration aims to propel the advancement of women's hockey across the nation. Organized by Anandana, The Coca-Cola India Foundation, the National Women's Hockey League kicked off its first phase on April 30th and is set to culminate on May 9th, 2024, in Ranchi, Jharkhand. Featuring teams that excelled in the 14th Hockey India Senior Women National Championship 2024 held in…

08 May

Tata Motors hits the road; 9,00,000th vehicle rolls out of Lucknow plant

Business BureauBusiness

Tata Motors celebrated a significant milestone as it marked the rollout of its 9,00,000th vehicle from its cutting-edge Lucknow facility. The event, graced by Mr. Durga Shanker Mishra, Chief Secretary of the Government of Uttar Pradesh, along with senior representatives from Tata Motors, underscored the company's commitment to innovation and sustainability in manufacturing. Spread across 600 acres, the Lucknow facility exemplifies Tata Motors' dedication to eco-friendly practices, recognized by the Confederation of Indian Industry as a water-positive plant. The incorporation of a 6MW solar power plant significantly reduces carbon emissions, aligning with the company's focus on green mobility solutions.Since its…