Business - The Purbottar

03 Sep

slice SFB appoints ex-RBI Executive Director Eugene Karthak as Chairman to boost Northeast focus

Business BureauBusiness

slice Small Finance Bank (SFB) has appointed former Reserve Bank of India (RBI) Executive Director Eugene Emmanuel Karthak as its Part-time Chairman and Independent Director, reinforcing its leadership in the Northeast. Karthak, who served over three decades at the RBI, led key departments including Information Technology and Corporate Services, and also worked as Regional Director in Delhi and Bengaluru. He played a pivotal role in regulatory compliance, policy implementation, and institutional productivity. Currently, he also serves as Director of the Guwahati-based Indian Institute of Bank Management, and is on the Governing Council of CAFRAL, Mumbai. With its headquarters in Assam,…

03 Sep

Medanta’s Dr. Ashok Rajgopal achieves 40,000 knee replacements, strengthens India’s orthopaedic care

Business BureauBusiness

Medanta Gurugram, ranked India’s best private hospital by Newsweek for six consecutive years, on Friday honoured Dr. Ashok Rajgopal, Group Chairman of the Medanta Institute of Musculoskeletal Disorders and Orthopaedics, for completing 40,000 knee replacement surgeries—a landmark that highlights Medanta’s leadership in orthopaedic excellence. Dr. Naresh Trehan, Chairman and Managing Director, Medanta, hailed Dr. Rajgopal’s “unwavering dedication to patient care,” while Group CEO Pankaj Sahni praised his expertise and compassion. Patients also shared moving testimonies of regaining mobility and independence. India faces a growing crisis of joint health, with nearly 60 million people projected to suffer from knee osteoarthritis by…

02 Sep

North east’s business excellence celebrated at ET Industry Leaders Awards 2025 in Guwahati

Business BureauBusiness

The ET Industry Leaders Awards North East 2025, organized by The Times of India in association with Byatikram Group, concluded successfully at Hotel Vivanta, Guwahati, honoring exceptional achievers from across the region. The ceremony brought together business leaders, innovators, and social contributors on one platform to celebrate outstanding contributions in education, healthcare, journalism, art, and social service. The event commenced with the National and State Anthem, followed by ceremonial lamp lighting. Distinguished guests included Lt. Gen. (Retd.) Rana Pratap Kalita, Dr. B. Kalyan Chakraborty, Prof. Dr. Nachiketa Tripathi, actor Nishita Goswami, and Dr. Saumen Bharatiya, President of Byatikram Group. Thirty-one…

02 Sep

Coal output upgrade 12% in April-August

editorBusiness, News

New Delhi: Coal production from captive and commercial mines across the country rose 11.88 percent year-on-year to 73.92 million tonnes (MT) during the April-August period of the current fiscal. Dry fuel production from captive and commercial mines was recorded at 66.07 million tonnes in the corresponding period of the previous fiscal. "The cumulative figures up to August for FY 2025-26 show robust year-on-year growth, with production increasing by 11.88 percent and dispatch increasing by 9.12 percent over the corresponding period of the previous year," the coal ministry said in a statement. The increase in production reflects improved operational efficiency across…

02 Sep

Grand Shopsy Mela returns; Flipkart’s hyper value platform launches biggest festive sale

Business BureauBusiness

Shopsy by Flipkart has announced the return of its biggest annual shopping event, the Grand Shopsy Mela (GSM), running from August 29 to September 7. The sale, themed “Aise Girenge Dam, Shopping Hogi Subah Shaam,” promises unmatched affordability with over 1 crore products priced under ₹149 across fashion, lifestyle, home, and beauty categories. This year’s edition brings a wide range of offers including Grand Jhatpat Deals, Crazy Offers, Jackpot Deals, and hourly price drops, making festive shopping accessible for millions of families in Tier 2, 3, and 4 towns. According to Kapil Thirani, Business Head of Shopsy and Flipkart Marketplace,…

02 Sep

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

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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

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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

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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…