Business - The Purbottar

08 May

Innova Crysta GX+: Toyota raises the bar in MPV excellence

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Toyota Kirloskar Motor (TKM) has launched the latest addition to its esteemed lineup, the Innova Crysta GX+. This new grade, geared towards meeting dynamic customer preferences, underscores TKM's relentless pursuit of excellence in the automotive industry. The Crysta GX+ comes packed with an array of enticing features, including a rear camera, auto-fold mirrors, DVR, diamond-cut alloys, wooden panels, and premium fabric seats. Available in both 7- and 8-seater configurations and five captivating colors, this grade offers versatility and sophistication to discerning consumers.Mr. Sabari Manohar, TKM's Vice President of Sales-Service-Used Car Business, expressed confidence in the Crysta GX+, stating, "The newly…

07 May

Dr Reddy’s profit after tax grow 36% to Rs 1,307 Crore, revenue Rs 7,083 Crore

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Dr Reddy's Laboratories on Tuesday reported a 36% rise in its consolidated profit after tax to Rs 1,307 Crore for the quarter ending March 2024 due to strong sales in the US market. The Hyderabad-based drug major had reported a profit after tax of Rs 959 Crore in the January-March quarter of financial year 2022-23. Revenue increased to Rs 7,083 Crore in the period under review from Rs 6,297 Crore in Q4FY13. For the full year ending March 31, 2024, the drug major said its PAT increased to Rs 5,568 Crore compared to Rs 4,507 Crore in financial year 2022-23.…

07 May

BASF launches Efficon® Insecticide in India to combat crop pests, revolutionizes farming practices

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BASF, a global leader in agricultural solutions, has reaffirmed its commitment to Indian farmers with the launch of Efficon® Insecticide, a groundbreaking product powered by Axalion® Active. This move comes as a strategic step following the success of BASF's Exponus® Insecticide, further solidifying its position in supporting agriculture in India.Efficon® stands out as an industry-first solution, offering a unique class of chemistry (IRAC group 36) with a novel mode of action tailored to effectively control piercing and sucking pests. These pests have long plagued Indian agricultural crops, causing significant damage and resulting in up to 40% loss in productivity and…

07 May

Energy Mission Machineries initiates Rs. 41.15 crore IPO; Ahmedabad firm targets expansion

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Energy Mission Machineries (India) Ltd has announced plans to raise up to Rs. 41.15 crore through its SME public issue. The IPO, set to open on May 9 and close on May 13, aims to bolster the company's expansion efforts, including infrastructure development, acquisition of new equipment, and meeting working capital requirements. The IPO comprises a fresh issue of 29.82 lakh equity shares, with a face value of Rs. 10 each, in the price band of Rs. 131 to Rs. 138 per share. The funds raised will be channeled towards crucial aspects of the company's growth strategy, such as civil…

07 May

Arya Erectors India announces ‘Arya Arcade’ project, promises a fusion of commercial and residential brilliance

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Arya Erectors India Pvt. Ltd., a prominent real estate company based in Guwahati and a subsidiary of the Arya Group of Companies, has officially launched its latest venture, ‘Arya Arcade’, at an exclusive event held at the Vivanta, Guwahati. The unveiling ceremony, attended by distinguished dignitaries alongside current and prospective clientele, marked a significant milestone for the company. Strategically positioned along National Highway 27 in Changsari, near AIIMS Guwahati, ‘Arya Arcade’ is envisioned as a comprehensive commercial and residential complex. Boasting a diverse array of amenities, the project encompasses a mall, cineplex, business-class hotel, commercial spaces, multi-use serviced apartments, and…

07 May

Samsung India announces two power banks for on-the-go users, offer super-fast charging options

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Samsung has introduced two new power banks tailored to meet the needs of users on the move. The launch includes a 20000mAh power bank featuring 45W super-fast 2.0 charging and a 10000mAh power bank supporting wireless charging alongside 25W super-fast wired charging, offering versatility and convenience to keep devices charged wherever users may be. Priced at INR 4299, the 45W 20000mAh power bank supports triple port charging, enabling users to charge three devices simultaneously. This feature allows for the concurrent charging of smartphones, headphones, gaming consoles, cameras, or laptops, providing added convenience with minimal hassle. Crafted with high-quality lithium-ion batteries,…

07 May

Turkish Airlines hosted its Annual Bowling Tournament in India

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Turkish Airlines is hosting its Annual Bowling Tournament, with semi-finals held at Turkish Airlines’ international hubs worldwide, including two cities in India, to strengthen relationships with local business partners and unite bowling enthusiasts. The New Delhi semi-final was held on April 19th, 2024, at Smaaash, Aria Mall Gurugram, where 30 participants competed from 10agency-preferred partners. Travel Boutique Online won the tournament with 817 scores, earning the chance to compete in the Grand Finale in Istanbul on April 26-28,2024. The Mumbai semi-final was held on March 2nd, 2024, at Smaaash Utopia City, and witnessed a spirited competition. KULIN KUMAR HOLIDAYS secured…

07 May

Ashapuri Gold Ornament Ltd. to launch its Rs. 48.75 crores rights issue on May 8, 2024

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Ashapuri Gold Ornament Ltd, a prominent gold jewellery manufacturer and wholesaler, is set to launch its Rs 48.75 crore rights issue on May 8, 2024. The funds raised through the issue will be utilised to meet the working capital requirements to fund company's expansion plans, entering new geographies and for general corporate purposes. The Company will issue 8,33,28,666 fully paid-up Equity Shares of the face value of Rs. 1 each. Right issue of the company are offered at a price of Rs. 5.85 per share – 57.45% discount to closing share price on 3rd May, 2024. Rights Issue closes on…

07 May

‘Solve for Tomorrow’ Witnesses Overwhelming Participation by Youth from Guwahati

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Samsung India has hosted a roadshow at IIT Guwahati Technology Incubation Centre (IITG TIC), and the Royal Global University at Guwahati where over 100 students demonstrated their intent to participate in Solve for Tomorrow to solve pressing global issues. Samsung Solve for Tomorrow is a national competition promoting innovation and problem-solving among the next generation through education and innovation. Students expressed their commitment to solving real-world problems like waste segregation, air pollution, weather unpredictability, poor air quality, water pollution, and traffic chaos, requesting a platform like Samsung's 'Solve for Tomorrow' to guide and support their ideas in transforming people's lives.…

06 May

The National Apprenticeship Promotion Scheme in India Encourages inclusive growth

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India is undergoing a significant transformation in its approach to skill development through the National Apprenticeship Promotion Scheme (NAPS). Launched in August 2016, this ambitious initiative has emerged as a game-changer, bridging the gap between formal education and industry demands while addressing the pressing issues of youth unemployment and underemployment. The enrollment of apprentices has witnessed remarkable growth over the past few years. In the financial year 2018-19, the total number of enrolled apprentices stood at 35,333. The number of employees has increased significantly to 931,406 in the 2023-24 financial year, indicating a Compound Annual Growth Rate (CAGR) of 74.76%…