Business - The Purbottar

18 Jun

Centre launches SARTHI to drive reforms in ITI ecosystem

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) on Thursday convened the first meeting of the Strategic Advisory and Reforms Taskforce for Holistic ITI Transformation (SARTHI) at VigyanBhawan in New Delhi, marking a major step towards strengthening India's vocational training ecosystem and accelerating reforms across Industrial Training Institutes (ITIs). The meeting was chaired by Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education JayantChaudhary. Ministers from Rajasthan, Gujarat, Telangana and Uttar Pradesh, along with senior government officials and stakeholders from the skilling ecosystem, participated in the deliberations. SARTHI has been established as…

17 Jun

DIRECTION BEATS DEGREE – By Bidyut Mazumder, Deputy Director, JIS Group

Business BureauBusiness

Achieving transparency and respect in life requires proper education, research mentality andadequate preparation for the job life. And this requires the mentality ofimmense hardwork, perseverance and intense competition. Recently, in an exclusive interview one such message was conveyed by the Deputy Director of JIS Group, Mr. Bidyut Mazumder. He said, after the result declaration of the class 10th and 12thboard examinations,lakhs of students in the country are now standing at an important phase of their life. Some are preparing for higher education while some others are busy determining their career goals. Almost every student aims to acquire more knowledge, enhance…

17 Jun

Jio IPO Could Become India’s Largest Listing, Surpassing Hyundai Motor India

nanika EditorBusiness

Reliance Jio Infocomm, India’s largest wireless operator, is nearing the filing of draft papers for its much-anticipated initial public offering (IPO), which is expected to be valued at around $4 billion, according to reports. The proposed listing, once launched, could rank among the biggest public issues in India’s stock market history. The filing may take place ahead of Reliance Industries Chairman Mukesh Ambani’s address at the company’s annual general meeting scheduled for June 19. Ambani had earlier indicated that Jio’s long-awaited public market debut is expected in the first half of 2026. If executed at the projected size, the IPO…

17 Jun

Tata Sons Chairman N Chandrasekaran Forgoes Pay Raise Amid Internal Group Pressures

anuprova EditorBusiness

In a notable move of corporate governance and leadership accountability, Tata Sons Executive Chairman N Chandrasekaran has declined a salary hike for the financial year 2025-26. The decision was conveyed during a recent meeting of the holding company’s Nomination and Remuneration Committee, which coincided with a broader board evaluation of the conglomerate's financial health. Chandrasekaran’s voluntary pay freeze comes at a sensitive time for the salt-to-software empire, as top stakeholders weigh mounting concerns regarding capital allocation and the uneven profitability of several aggressive, new-age ventures. While Tata Sons registered a healthy 24% revenue surge to ₹5.92 lakh crore in the…

17 Jun

Delayed parenthood trends may narrow fertility window, experts warn

Business BureauBusiness

As more couples choose to start families later in life due to higher education, career aspirations, financial planning and delayed marriage, fertility specialists are raising concerns about a growing gap between life planning and reproductive biology. Dr Sonali Mandal Bandhyopadhyaya, Fertility Specialist at Birla Fertility & IVF, Howrah, said many couples feel emotionally and financially prepared for parenthood at a later stage, but biological fertility timelines often do not align with these decisions. She noted that women experience a gradual decline in ovarian reserve from their late twenties, with a sharper reduction after the age of 35, while factors such…

17 Jun

Assam’s growing concert scene could generate ₹700 crore and boost tourism, says report

Business BureauBusiness

Music fans travelling to Assam for major concerts are doing more than enjoying live performances—they are helping drive tourism, local businesses and economic growth, according to a new report released by BookMyShow, Assam Tourism Development Corporation Ltd. (ATDC) and EY-Parthenon.The report, *The Assam Blueprint: Turning Live Music Economy into a Tourism Multiplier*, estimates that Assam’s live entertainment ecosystem could generate more than ₹700 crore in cumulative economic impact over the next five years through a steady pipeline of marquee events. The study highlights Post Malone’s first-ever India solo headline concert in Guwahati in December 2025, which generated an estimated ₹43…

16 Jun

Godrej launches toolkit to promote LGBTQIA+ inclusion in manufacturing workplaces

Business BureauBusiness

Godrej Consumer Products Limited (GCPL) has launched ‘Pride in Manufacturing’, a first-of-its-kind toolkit aimed at promoting LGBTQIA+ inclusion in India's manufacturing sector, where conversations around workplace diversity have traditionally remained limited.The toolkit was unveiled simultaneously at GCPL’s headquarters in Mumbai and at its manufacturing facility in Tamil Nadu by the company’s senior leadership. Developed in partnership with Transformis, an Inclusion and Diversity consulting firm, and Ashoka University student Antara Roy Chowdhury, the toolkit seeks to help organizations create safer, more equitable and inclusive workplaces for LGBTQIA+ employees.According to GCPL, an estimated 45.4 million people in India identify as LGBTQIA+, yet…

16 Jun

Tata Capital May Fund ₹1,600 Crore JSW Realty Commercial Project

nanika EditorBusiness

JSW Realty, the real estate arm of JSW Group, is in advanced discussions to raise a ₹1,600 crore loan from Tata Capital Ltd to finance a commercial office project near Mumbai’s Bandra business district, according to people familiar with the matter. The proposed five-year loan is expected to carry an interest rate in the range of 9 per cent to 11 per cent per annum, compared to the current five-year government bond yield of 6.47 per cent. However, the transaction has not yet been finalised, and discussions are still ongoing. Both JSW Realty and Tata Capital have not issued any…

16 Jun

Godrej Enterprises marks 25 years of Chennai facility, expands warehousing capabilities

Business BureauBusiness

Godrej Enterprises Group (GEG) has marked the 25th anniversary of its Chennai manufacturing facility and announced continued investments in its Chennai and Bengaluru plants to strengthen automation, innovation and next-generation warehousing infrastructure in India. The company said the Chennai facility has evolved into a major manufacturing and engineering hub over the past two and a half decades, supporting India’s growing logistics and warehousing sector. Backed by more than 70 years of expertise in intralogistics, the business is focusing on automation-led manufacturing, precision engineering and digital design-to-delivery systems to meet rising demand from e-commerce, quick commerce and manufacturing industries. According to…

16 Jun

Godrej expands smart surveillance portfolio with BIS-certified security cameras

Business BureauBusiness

The Security Solutions business of Godrej Enterprises Group (GEG) has launched a new portfolio of Wi-Fi and 4G-enabled surveillance cameras, marking a strategic expansion in India’s organised surveillance market as demand rises for connected, secure and compliant monitoring solutions. The newly introduced range includes indoor security cameras as well as outdoor pan-tilt, dome and bullet cameras. Designed for residential, commercial and institutional users, the portfolio aims to provide seamless monitoring experiences with enhanced connectivity, reliability and ease of use. While Wi-Fi variants are targeted at connected homes and businesses, the 4G-enabled smart and solar cameras are designed for locations where…