Business - The Purbottar

09 Sep

Glenmark Pharma shares upgrade 3%, subsidiary receives $700 million upfront payment from AbbVie

editorBusiness, News

Glenmark Pharma shares rose 3% to an intraday high of ₹2,112.60 on Tuesday, September 9. The company announced that its wholly-owned subsidiary has received an upfront payment of $700 million from AbbVie. "This payment is in accordance with agreed contractual terms and is being made under an exclusive global licensing agreement for IGI's key investigational asset, ISB 2001, in the North America, Europe, Japan and Greater China markets," Glenmark said in a regulatory filing. On July 10, 2025, New York-based Ichnos will acquire Glenmark Innovations, Inc. IGI Therapeutics SA, a wholly-owned subsidiary of IGI, and AbbVie have announced an exclusive…

09 Sep

Wow! Momo enters Sikkim with first Wow! Eats outlet at Gangtok’s Vajra World

Business BureauBusiness

Wow! Momo Foods, India’s fastest-growing homegrown QSR brand, is expanding its footprint in the Northeast with the launch of its first Wow! Eats outlet at Vajra World, Gangtok. Scheduled to open on September 12, the 1st-floor outlet will bring together all four of the company’s signature brands – Wow! Momo, Wow! China, Wow! Chicken, and Wow! Kulfi – under one roof, offering a diversified dining experience for local consumers. A standalone Wow! Kulfi store will also open on the Ground Floor, dedicated to the popular Indian dessert with a contemporary twist. The grand opening will feature festive celebrations and special…

09 Sep

EuroKids launches Harvard-inspired ‘Heureka’ curriculum, expands growth plans in Assam

Business BureauBusiness

EuroKids, India’s leading preschool chain, has introduced its eighth curriculum version, Heureka – the Visible Thinking Curriculum, inspired by Harvard University’s Project Zero and aligned with the National Education Policy (NEP) 2020. Designed to build curiosity and critical thinking, the curriculum emphasizes not just “what” children learn but “how” they think. As part of its expansion strategy, EuroKids announced plans to open 20 new centres in Assam over the next five years, taking its presence in the state from 55 to 75. Developed over 18 months, Heureka integrates 20 structured Harvard-inspired routines and follows the EPICS model—focusing on Emotional, Physical,…

09 Sep

TVS Apache celebrates 20 years with limited-edition launch, premium upgrades

Business BureauBusiness

TVS Motor Company on Saturday marked 20 years of its flagship Apache motorcycle by launching limited-edition variants and introducing premium upgrades in the Apache RTR 160, 180, 200, RTR 310 and RR310 lineup. The celebratory models sport a black-champagne-gold anniversary livery, dual-tone alloy wheels, and a first-ever USB charger, making them collectible editions. The new top-end Apache RTR 160 4V and 200 4V now feature Class-D projector headlamps with LED DRLs, an all-LED setup, 5-inch TFT cluster with Bluetooth-enabled SmartXonnect, voice assist, traction control, assist and slipper clutch, and refreshed colour schemes. Prices for the new models start at ₹1,28,490…

09 Sep

Renault slashes prices by up to Rs 96,000, fully passing GST 2.0 benefit to customers

Business BureauBusiness

Renault India has announced a sweeping price cut across its entire portfolio, passing on the full benefits of GST 2.0 to customers. Effective from September 22, 2025, the revised prices — reduced by up to ₹96,395 — will be available on all deliveries, just in time for the Navratri festive season. Bookings at the new rates have already begun nationwide. The KWID now starts at ₹4.29 lakh, while the Kiger and Triber begin at ₹5.76 lakh, making Renault’s line-up significantly more affordable. Variants of the Kiger have seen the sharpest cuts, with top-end models reduced by nearly a lakh. VenkatramMamillapalle,…

08 Sep

GMDC shares upsurge 20% in two sessions to hit new 52-week high; know why

editorBusiness, News

GMDC Share Price: Shares of Gujarat Mineral Development Corporation (GMDC) rallied for the second consecutive session on Monday, September 8. The stock rose by 20% in the last two trading sessions to hit a new 52-week high of ₹546.85 on the National Stock Exchange (NSE). On the BSE, GMDC shares hit a new 52-week high of ₹547. The stock came on investors' radar after China lifted its ban on export of rare earth magnets to India last month. Last week alone, GMDC shares rallied 26% and rallied 20% in the last two trading sessions. Meanwhile, the government's renewed focus on…

08 Sep

Manipal Hospital EM Bypass boosts cardiac care after medica transition

Business BureauBusiness

Manipal Hospitals, one of India’s largest healthcare networks, announced its strengthened focus on cardiac sciences and the successful transition of Medica Superspecialty Hospital into Manipal Hospital EM Bypass at a press conference in Burdwan. The session was addressed by Dr. Kunal Sarkar, Director – Cardiovascular & Thoracic Surgery, Manipal Hospital, Mukundapur Cluster. The integration, completed last year, positions Manipal Hospitals as the largest healthcare group in Eastern India with rebranded facilities in Kolkata, Ranchi, Siliguri, and Rangapani. With seven hospitals in the region—including five in Kolkata and two in Siliguri—the group now offers 1,200 beds, 450+ ICU beds, seven Cath…

08 Sep

Rug Utsav2025 by Jaipur Rugs launches with up to 60% off, celebrates craftsmanship and social impact

Business BureauBusiness

Jaipur Rugs has inaugurated Rug Utsav 2025, its annual festival showcasing over 14,000 handcrafted rugs, blending India’s rich weaving traditions with contemporary design. The event features signature collections such as Alam, Genesis, Savana, Concoction, Daa Haas, and the award-winning Manchaha series—around 200 unique rugs woven directly from the imagination of rural artisans. Collectors can explore rare pieces, including 2,000 vintage rugs (30–50 years old) and 250 antique rugs (over 100 years old), making this one of the largest rug exhibitions globally. For the first time, Jaipur Rugs is offering up to 60% off across its entire range, making designer-crafted rugs…

08 Sep

Hansgrohe launches award-winning Raindance Alive series in India, redefines shower experience

Business BureauBusiness

German premium bathroom solutions brand Hansgrohe has introduced its latest innovation, the Raindance Alive shower series, across India. With displays at over 200 premium retail outlets nationwide, the launch combines architectural design, wellness, and ecological innovation, aiming to transform everyday showers into immersive self-care experiences. The Raindance Alive series features three signature spray modes — Powder Rain, Rain Air, and Massage — alongside a bold mesh-effect cover that conceals spray jets for a seamless, elegant look. The product line has received the 2025 iF Gold Award for design excellence, while the accompanying shower pipe earned an iF Design Award for…

07 Sep

Maruti Suzuki unveils all-new VICTORIS SUV, promises ‘Got It All’ experience for young Indians

Business BureauBusiness

Maruti Suzuki India Limited (MSIL) on Wednesday launched its highly anticipated SUV, the All-New VICTORIS, designed to deliver an integrated experience of technology, safety, comfort, and performance. The VICTORIS boasts features like a 10.1-inch SmartPlay Pro X touchscreen with in-built apps, Alexa Auto voice assistant, a segment-first 8-speaker Dolby Atmos sound system, and a fully digital instrument cluster. Its interiors feature 64-colour ambient lighting, smart powered tailgate with gesture control, and ventilated front seats, underscoring Maruti’s focus on luxury and convenience. On safety, the SUV offers Level 2 ADAS, six airbags, 360-degree cameras with 11 views, and Suzuki Connect telematics…