Business - The Purbottar

02 Sep

Flipkart expands supply chain network ahead of Big Billion Days, strengthens regional markets

Business BureauBusiness

Flipkart has announced a significant expansion of its pan-India supply chain network ahead of its flagship festive sale, The Big Billion Days 2025. The homegrown e-commerce major has added fulfilment centres (FCs) and last-mile hubs in Varanasi, Patna, Manesar, Ranchi, Ghaziabad, Agra, and Agartala, boosting capacity across 21,000+ pincodes. The expansion spans 35 lakh sq. ft. and covers large, non-large, and grocery categories, including Myntra. A 2.0 lakh sq. ft. facility in Varanasi has generated 3,600 jobs, while a 4.5 lakh sq. ft. centre in Patna is serving 1,000 pincodes and creating 1,100 jobs. In Manesar, a 140-acre Regional Distribution…

02 Sep

Dough as you like shines as Rich presents Hospitality Horizon Awards 2025 Honour India’s best bakeries

Business BureauBusiness

Mumbai turned into a hub of celebration as the Rich Presents Hospitality Horizon Bakery, Patisserie & Chocolate Awards 2025 unfolded at Novotel Airport, Andheri East. The glittering evening recognized excellence in India’s baking and confectionery industry, bringing together top talent, celebrity chefs, and leading entrepreneurs. A highlight of the evening was the recognition of the Top 10 Chain Bakeries and Top 10 Standalone Bakeries in India, who travelled from across the country to receive their laurels. Dough as you like won the award in Kolkata. Speaking on the occasion, Mr. Pankaj Chaturvedi, Managing Director, Rich Products India, MENA & Turkey,…

01 Sep

Alcatel Expands Offline Network in Assam Through Partnership with BSM Ventures

Business BureauBusiness

Alcatel has strengthened its offline retail presence in Assam by entering into a strategic partnership with BSM Ventures, a leading distribution house in the North East. The collaboration aims to make Alcatel’s innovative and reliable products more accessible to consumers while offering strong after-sales support and warranty. BSM Ventures, led by Binoy Kumar Agarwala, has a proven track record of building visibility for consumer electronics and lifestyle brands across the region. Leveraging its retail expertise, the partnership is expected to significantly boost Alcatel’s footprint and deepen consumer engagement across Assam and the North East. “At a time when disposable income…

01 Sep

NSDL share price rose after dividend record date announcement

editorBusiness, News

Shares of National Securities Depository Ltd (NSDL) witnessed a surge on Monday, September 1, after the announcement of the record date for dividend payment for FY 2024-25. The stock was trading 2.41% higher at ₹1,267.95 per share at 10:53 am on the Bombay Stock Exchange (BSE). NSDL dividend record date NSDL has fixed Friday, September 19, 2025 as the record date for payment of dividend of ₹2 per equity share of face value of ₹2. A dividend of ₹2 per equity share was recommended during the company's meeting held on May 23. If the dividend is approved during the Annual…

01 Sep

Manipal Hospital EM Bypass and Mukundapur Cluster save a young child’s life from rare and life-threatening pancreatic injury

Business BureauBusiness

In a remarkable medical intervention, Manipal Hospital EM Bypass and Mukundapur Cluster successfully treated a 7-year-old child from Kolaghat, Purba Medinipur, who suffered a rare and life-threatening pancreatic injury. The child, Deep Adhikary (name changed), was critically injured when a metallic bookshelf collapsed on him at home. Initial diagnosis at a local hospital suggested liver trauma, but advanced evaluation at Manipal revealed a complete disruption of the pancreatic duct, a condition notoriously difficult to manage in children. Under the leadership of Dr. Pradeepta Kumar Sethy, Director of Gastroenterology, the hospital team performed a complex ERCP with ductal stenting, enabling pancreatic…

01 Sep

Abril Paper Tech launches Rs 13.42 crore SME IPO, eyes expansion in printing solutions

Business BureauBusiness

Surat-based Abril Paper Tech Ltd, a leading manufacturer of sublimation heat transfer papers, is set to raise up to ₹13.42 crore through its SME public issue on the BSE platform. The IPO, opening on August 29 and closing on September 2, offers 22 lakh equity shares at a fixed price of ₹61 each. Post-issue, the company’s market capitalization will stand at ₹48.69 crore, with listing scheduled for September 5. The proceeds will be used to install two fully automatic sublimation paper coating and slitting machines (₹5.40 crore), meet working capital requirements (₹5 crore), cover general corporate purposes (₹2.01 crore), and…

01 Sep

Aditya Birla Sun Life MF marks 50th ‘Nivesh Mahakumbh’ in Kalyani

Business BureauBusiness

Aditya Birla Sun Life Mutual Fund (ABSL MF), one of India’s leading asset managers, successfully conducted the 50th edition of its flagship investor awareness program, Nivesh Mahakumbh, in Kalyani, West Bengal. The event drew over 800 participants, including students, professionals, and retirees, who engaged in interactive sessions with financial experts. The 2.5-hour program highlighted personal finance basics, budgeting, wealth creation through mutual funds, and retirement planning. Participants were introduced to Systematic Investment Plans (SIPs) and provided with tools such as investment games, self-assessments, and easy-to-understand reading material. Folk performances and interactive formats added a local flavour to the initiative. Kalyani,…

01 Sep

Go Spiritual named Supporting Association for Employee Wellbeing Conference 2025

Business BureauBusiness

Go Spiritual, a leading organization dedicated to spirituality, wellness, mental health, and social causes, is proud to announce its role as a Supporting Association for the Employee Wellbeing Conference 2025. Organized by IBEForuM, this transformative event will take place on September 2–3, 2025, at the luxurious Crowne Plaza Riyadh Al Waha, Saudi Arabia. Approach Entertainment proudly serves as the Media Partner for the Employee Wellbeing Conference 2025. The Employee Wellbeing Conference 2025 will bring together over 100 distinguished delegates, including global thought leaders, corporate leaders, HR professionals, and wellness innovators, to address the urgent need for healthier, more resilient workplaces.…

01 Sep

Tata Digital drives credit access on ONDC with over 1 million loan applications

Business BureauBusiness

Tata Digital has emerged as a frontrunner in democratizing credit access in India through its early adoption of the Open Network for Digital Commerce (ONDC). In just three months, the company has facilitated over one million personal loan applications, contributing the largest share of users, applications, and disbursals on the ONDC Network. The loan marketplace on Tata Neu now features 14 lending partners, including two integrated via ONDC, offering customers competitive pricing and customized loan products across categories such as gold loans and personal loans. The platform caters to both salaried and self-employed individuals, including first-time borrowers, ensuring broader financial…

30 Aug

Ola Electric shares upgrade nearly 20% last week

editorBusiness, News

Shares of Bhavish Aggarwal's Ola Electric Mobility rose 5% to ₹57.50 on Friday, taking the weekly gain to nearly 20%. The shares touched their intraday high of ₹57.50 and lowest of ₹54.32. This rise comes after the company received PLI certification for its third generation scooters; profitability is expected to increase from the second quarter of FY 2026. The company's shares had hit their one-year high of ₹157.40 per share on August 20, 2024, while their 52-week low was ₹39.60 per share on July 14, 2025. Here are some of the key developments fuelling Ola Electric's bull run: PLI certification…