Business - The Purbottar

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%…

06 May

LUX celebrates a centenary of excellence in the industry

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LUX, India's top beauty soap brand, celebrates its centenary in the industry, launched in 1924. With a legacy dating back to Hollywood's golden era starring iconic stars like Elizabeth Taylor, Audrey Hepburn, and Marilyn Monroe. From the timeless elegance of Hollywood to the modern-day allure of Bollywood and beyond, LUX has adorned millions' lives with its timeless elegance and modern-day allure. With ambassadors including Shah Rukh Khan, Virat Kohli, Anushka Sharma, Aishwarya Rai, Katrina Kaif, Shu Qi, Kareena Kapoor, Isyana Sarasvati, and Dilraba Dilmurat, LUX continues to symbolize beauty and femininity globally. Marking its 100th anniversary, LUX is thrilled to…

06 May

Kotak Mahindra Bank reports impressive financial results for FY24

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Kotak Mahindra Bank today announced its standalone and consolidated financial results for the fiscal year ended March 31, 2024, showcasing robust growth and profitability. The bank's standalone Profit After Tax (PAT) for FY24 soared to ₹13,782 crore, marking a substantial 26% increase over the previous fiscal year. In Q4FY24 alone, the bank reported a PAT of ₹4,133 crore, reflecting an 18% year-on-year (YoY) growth and a remarkable 38% quarter-on-quarter (QoQ) surge. The bank's Net Interest Income (NII) for FY24 witnessed a significant uptick to ₹25,993 crore, up 21% YoY, while operating profit for the fiscal soared to ₹19,587 crore, reflecting…

06 May

Yamaha roars into Shillong with thrilling “Call of the Blue” weekend event

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Yamaha enthusiasts in Shillong were treated to an electrifying experience as India Yamaha Motor Pvt. Ltd. (IYM) rolled out its much-anticipated "Call of the Blue" (COTB) Weekend event today at the Polo Parking Lot, Golf Link. With over 750 passionate Yamaha fans in attendance, the atmosphere was charged with excitement and anticipation. The event served as a platform for Yamaha aficionados to immerse themselves in the world of premium two-wheelers, showcasing the brand's latest models and cutting-edge technology. Activities such as the Gymkhana Ride and Wooden Plank Challenge allowed participants to demonstrate their riding skills and receive expert guidance for…

06 May

A Plus Charge and chargeMOD team up to revolutionize EV charging in North East India

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In a move set to revolutionize electric vehicle (EV) infrastructure in North East India, A Plus Charge and chargeMOD have announced a strategic partnership aimed at delivering over 1000 advanced charging solutions across the region. A Plus Charge, a prominent provider of EV charging solutions, has teamed up with chargeMOD, known for its cutting-edge charging technology, to establish a robust charging network in North East India. This collaboration capitalizes on A Plus Charge's expertise in deploying and managing EV charging stations, coupled with chargeMOD's innovative solutions. Samyak Jain, Founder & CEO of A Plus Charge, highlighted the immense potential for…