Business - The Purbottar

15 Feb

Edelweiss study highlights financial insecurity among India’s Sandwich Generation

Business BureauBusiness

A new study by Edelweiss Life Insurance reveals that 60% of India’s Sandwich Generation—aged 35 to 54—feel financially unprepared for the future. The generation, balancing support for ageing parents and growing children, faces ongoing financial stress, with many feeling that saving or investing is never enough. The study, conducted with YouGov across 12 cities and 4,005 respondents, highlighted that financial decisions are driven by family needs, including healthcare and education. However, premature liquidation of investments for both essential and non-critical needs, such as vacations and festive spending, is common. Sumit Rai, MD & CEO of Edelweiss Life Insurance, said, “This…

15 Feb

Tezpur’s hairstylist Jogesh Thakur features among the top 30 hairstylists nationally

Business BureauBusiness

Jogesh Thakur, a hairstylist from Magic Fingers 7 (Kamarchuburi, Tezpur), has earned a place among the top 30 finalists at the Godrej Professional Spotlight. Organized by Godrej Professional, a leading hair care brand under Godrej Consumer Products Ltd (GCPL), the platform celebrates hairstyling talent across India, providing recognition and professional development opportunities. The grand finale in Mumbai saw finalists showcase hair colour creations inspired by Godrej Professional’s Surreal Collection. Thakur impressed the jury panel, which included Godrej Professional Creative Director Yianni Tsapatori, National Technical Head ShaileshMoolya, and actress Adaa Khan. Tezpur is buzzing with pride over Thakur’s achievement, which has…

15 Feb

1st BIMSTEC Youth Summit concludes, strengthens regional cooperation

Business BureauBusiness

The inaugural BIMSTEC Youth Summit concluded successfully on Tuesday in Gandhinagar, Gujarat, focusing on youth-led participation and regional cooperation across multiple sectors. Over 70 young leaders from BIMSTEC countries—Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand—engaged in discussions on entrepreneurship, technology, digital connectivity, and sustainable development. The event, themed "Youth as a Bridge for Exchanges within BIMSTEC," was inaugurated by Dr. Mansukh Mandaviya, Union Minister of Youth Affairs and Sports, alongside Gujarat Chief Minister Bhupendra Patel and Jaideep Mazumdar, Secretary (East), Ministry of External Affairs. Delegates explored the historic Sabarmati Ashram and toured Gujarat International Finance Tec-City (GIFT City),…

15 Feb

Toyota’s Green Mobility vision drives sustainability with a human touch

Business BureauBusiness

Toyota Kirloskar Motor (TKM) is not just building cars—it’s shaping a greener future. At the India Energy Week (IEW) 2025, held in New Delhi from February 11 to 14, Toyota reinforced its commitment to clean energy, showcasing innovations designed to reduce carbon footprints and make eco-friendly mobility more accessible to everyday consumers. From the Innova Hycross Strong Hybrid Electric Vehicle (SHEV) to the Mirai Fuel Cell Electric Vehicle (FCEV) powered by hydrogen, Toyota’s lineup reflects a diverse approach to sustainable transportation. The company also unveiled its Prius Flex-Fuel Plug-in Hybrid Electric Vehicle (FFV-PHEV), running on up to 100% ethanol, and…

15 Feb

Easy Trip Q3 results | Net profit, margins drop despite 172% upgrade in hotel bookings

Priyanka RoyBusiness, News

Online travel service provider Easy Trip Planners Ltd on Friday (February 14) reported a 26.3% year-on-year (YoY) decline in net profit for the third quarter ended December 31, 2024, to ₹45.6 crore from the same quarter in FY24. Revenue from operations declined 6.5% to ₹150.5 crore as against ₹160.9 crore in the same period last fiscal. At the operational level, EBITDA (earnings before interest, tax, depreciation and amortization) declined 21.8% YoY to ₹47.7 crore from ₹61 crore in Q3FY25, while EBITDA margin declined to 31.7% from 37.9% in the same quarter last fiscal. For the nine months ended December 31,…

14 Feb

INDIAWOOD 2025 to showcase 25 years of innovation in woodworking and furniture manufacturing

Business BureauBusiness

INDIAWOOD 2025, celebrating 25 years as a leading woodworking and furniture manufacturing trade fair, will be held from March 6-9, 2025, at the India Expo Mart & Centre, Greater Noida. Organized by Nuernberg Messe, this milestone edition highlights India’s rise as a global furniture manufacturing powerhouse. The event will feature over 600 brands from more than 30 countries, showcasing advancements across woodworking technology, smart manufacturing solutions, and sustainable innovations. Special forums like Surface in Motion and Wood+ in Architecture & Design will explore emerging trends, while seminars will offer insights into new materials and sustainable practices. Commenting on the industry’s…

14 Feb

Bullish on AI, but ethics key: Nadir Godrej at WEF Davos

Business BureauBusiness

Nadir Godrej, Chairperson of the Godrej Industries Group, has emphasized the immense potential of Artificial Intelligence (AI) while underscoring the need for its ethical use. Speaking at the World Economic Forum’s annual meeting in Davos, he highlighted AI’s role in revolutionizing agriculture, tackling climate change, and boosting productivity. Godrej pointed out that AI can aid in early detection of disease and pest outbreaks in agriculture by analyzing satellite images of farmland. This would enable farmers to take preventive action before an outbreak spreads. Additionally, AI can help optimize soil and crop health analysis, ensuring efficient nutrient and fertilizer use, thereby…

14 Feb

Gujarat Inject (Kerala) Limited’s Q3 net profit zooms by 4,500%& declares robust Q3 Results

Business BureauBusiness

BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024. The company specializes in the trade of bulk vegetables and fruits, sourcing fresh produce directly from farmers and delivering it to shop owners, ensuring quality, freshness, and a seamless supply chain. Gujarat Inject (Kerala)’s net profit for the December 2024 quarter was Rs. 21.16 lakh, an increase of 45 times over the profit of Rs. 0.46 lakh in the corresponding quarter of the previous year. The company’s revenue in the December 2024 quarter was Rs.…

14 Feb

Swiggy shares upgrade after reports of potential commission hike

Priyanka RoyBusiness, News

Swiggy shares jumped as much as 8% in Thursday's trade, according to media reports. According to media reports, about 5,000 merchants will face a 2% hike in the commission they pay to the company. The report indicated that Swiggy is implementing rate adjustments for partner merchants operating under the old commission model. On Thursday, Swiggy shares recorded their best rise in two weeks. However, the stock lost some of its intraday gains, closing at ₹365.50, up 7.1% on the NSE. The food-tech giant had earlier informed select restaurant partners via email that the standardisation would be effective from February 16,…

13 Feb

Shree Cement Unveils Bangur Marble Cement in Kolkata

Business BureauBusiness

Shree Cement has launched its premium Bangur Marble Cement in Kolkata, enhancing its Bangur Cement lineup. This new product boasts superior brightness, strength, and crack resistance, making it ideal for high-quality exposed concrete structures. Following its initial release in Jharkhand and Bihar, Bangur Marble will be available at over 2,000 retailers across multiple states, featuring in-store demonstrations. Managing Director Neeraj Akhoury emphasized the product’s commitment to innovation and sustainability, incorporating eco-friendly GGBS materials. This launch positions Shree Cement to set new standards in construction quality and environmental responsibility.