Business - The Purbottar

21 Jul

India launches new skilling initiatives on World Youth Skills Day

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The Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday unveiled a series of initiatives aimed at strengthening India's future-ready skilling ecosystem during the World Youth Skills Day 2026 celebrations at KaushalBhawan in New Delhi. Addressing the event, Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education, Shri Jayant Chaudhary, stressed the importance of continuous learning, innovation and adaptability, saying India's youth must be equipped for both current and future employment opportunities. The Minister launched the IndiaSkills Competition 2026–27 Guidelines, opening registrations for the flagship competition across 63 industry-relevant skill categories on…

21 Jul

Home Credit India to acquire Varthana Finance to expand education lending business

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Home Credit India, a part of TVS VENU, has entered into an agreement to acquire a 100 per cent stake in Varthana Finance Private Limited through an all-cash transaction, subject to regulatory approvals, including clearance from the Reserve Bank of India (RBI), and customary closing conditions. The proposed acquisition is aimed at strengthening TVS VENU's financial services portfolio by expanding into the secured and longer-tenure education finance segment. TVS VENU said the acquisition aligns with its long-term strategy of building high-quality financial services businesses catering to India's evolving credit requirements. Varthana, known for its specialised education-finance franchise, will complement the…

21 Jul

Sunfeast Marie Light launches ‘Surya Vardaan’ campaign to boost Vitamin D awareness at Puri Rath Yatra

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Sunfeast Marie Light has launched the second edition of its ‘Surya Vardaan’ initiative at the Puri Rath Yatra to raise awareness about Vitamin D deficiency, a condition that continues to affect millions of Indians despite the country receiving abundant sunshine. The campaign is built around the brand’s long-standing association with the Sun and its proposition of the “Goodness of Vitamin D”. Held during one of Odisha’s largest cultural gatherings, the initiative carried the message, “Har Kiran Mein Chhupa Hai Vitamin D Ka Vardaan,” encouraging devotees and families to understand their Vitamin D requirements. At the event, Surya Sahayaks engaged with…

21 Jul

Kargil Vijay Diwas2026: Rajnath Singh flags off Shaurya Vijay Yatra from National War Memorial

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Defence Minister Rajnath Singh on Tuesday flagged off the 13-day ‘Shaurya Vijay Yatra’ from the National War Memorial in New Delhi as part of the nationwide commemoration of Kargil Vijay Diwas 2026. Held under the motto ‘One Ride, One Nation, One Salute’, the 1,900-km expedition features 28 riders, including serving and retired defence personnel and next of kin of Kargil martyrs, travelling on Jawa and Yezdi motorcycles to the Kargil War Memorial in Dras, Ladakh. The yatra will conclude on July 26 after passing through the Chandimandir, Rezang La and Leh War Memorials. The expedition is carrying sacred soil from…

21 Jul

Successful entrepreneurs urged to mentor next generation at NIESBUD alumni meet

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Union Minister of State (Independent Charge) for Skill Development & Entrepreneurship and Minister of State for Education, Shri Jayant Chaudhary, on Wednesday called on successful entrepreneurs to become mentors for aspiring founders, saying they have a vital role in strengthening India's entrepreneurial ecosystem. He was addressing the first-ever Alumni Connect of the National Institute for Entrepreneurship and Small Business Development (NIESBUD), organised under the Ministry of Skill Development and Entrepreneurship (MSDE) at the institute's Noida campus. Chaudhary said entrepreneurship thrives on continuous learning and collaboration, urging alumni to share their experiences, build partnerships and inspire future entrepreneurs. During the event,…

21 Jul

International Jawa-Yezdi Day draws over 7,500 riders across India in global celebration

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International Jawa-Yezdi Day (IJYD) marked its 24th edition on July 12, bringing together more than 7,500 riders across over 150 cities in India in one of the world's longest-running rider-led motorcycle celebrations. The annual event, observed on the second Sunday of July, also witnessed participation from more than 40 enthusiast communities and riders across 11 countries through rides, community gatherings and digital engagements. What began as a grassroots initiative by Jawa and Yezdi owners has evolved into a global tradition celebrating motorcycling heritage, community spirit and the enduring legacy of the iconic motorcycle brands. Vintage Jawa and Yezdi motorcycles shared…

21 Jul

Nissan unveils TEKTON as flagship C-SUV to accelerate India growth strategy

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Nissan Motor India Private Limited (NMIPL) has unveiled the all-new TEKTON, a premium C-SUV positioned as a cornerstone of its India resurgence strategy, with introductory prices starting at Rs 10.49 lakh for the T160 Manual Transmission range and Rs 14.99 lakh for the T280 Manual Transmission and T280 DCT variants. The launch marks Nissan's second product introduction in India in 2026 and strengthens its presence in one of the country's fastest-growing passenger vehicle segments. Manufactured at Nissan's Chennai facility under the company's "One Car, One World" philosophy, the TEKTON will cater to the domestic market while being exported to regions…

21 Jul

Cognizant expands AI workforce with 15,000 Frontier-certified professionals

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IT services major Cognizant has announced plans to significantly expand its AI-focused talent pool by creating 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators, as it seeks to help enterprises convert artificial intelligence investments into measurable business outcomes. The Nasdaq-listed company said its first deployment-ready cohort will be available by the fourth quarter of 2026, supported by direct hiring of AI-native talent from universities in the US and other global markets. The company said the initiative is aimed at addressing what it describes as a $4.5 trillion gap between AI's potential and the value enterprises are currently able to…

21 Jul

Tata AIA registers 21 MDRT-qualified advisors in Assam, retains top India ranking

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Tata AIA Life Insurance has registered 21 Million Dollar Round Table (MDRT)-qualified advisors in Assam, reinforcing its presence in the state's life insurance sector while retaining its position as India's top insurer by MDRT-qualified advisors for the fourth consecutive year.According to the 2026 Global MDRT Ranking, Kamrup Metropolitan and Kokrajhar accounted for four MDRT-qualified advisors each, while Cachar contributed two. Across India, Tata AIA recorded 1,397 MDRT-qualified advisors, placing it 13th globally. Of the total qualifiers, 695 are women, representing nearly half of the company's MDRT members. MDRT is regarded as the global benchmark of excellence in the life insurance…

21 Jul

Centre expands PM-NAPS intervention to support 30,000 apprentices in North East

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The Ministry of Skill Development and Entrepreneurship (MSDE) has extended its Special Intervention for Promotion of Apprenticeship in the North-Eastern Region (NER) under the Prime Minister's National Apprenticeship Promotion Scheme (PM-NAPS) for the financial year 2026–27, aiming to provide apprenticeship opportunities to 30,000 youth across the region. The initiative, to be implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati, builds on the pilot programme launched in May 2025 and seeks to expand industry participation, strengthen apprenticeship ecosystems and improve youth employability under the Skill India Mission. The Centre has earmarked ₹57.58 crore for the intervention through the North-Eastern Region…