Business - The Purbottar

13 Jun

HDFC Bank Closes In on Former RBI Regulator for Top Chairman Post

anuprova EditorBusiness

HDFC Bank’s board has narrowed down its high-stakes search for a permanent non-executive chairman, zeroing in on a former Reserve Bank of India (RBI) deputy governor to lead India’s largest private-sector lender. The nomination process has gained rapid momentum as the bank prepares to formally submit its preferred candidate to the banking regulator for final approval. The search committee deliberately favored a candidate with extensive experience in banking oversight and supervisory frameworks. This strategic move aims to restore market confidence and provide institutional stability following the abrupt, high-profile resignation of former chairman Atanu Chakraborty, who stepped down over sudden governance…

12 Jun

Turkish Airlines wins Europe’s best in-flight dining award for fifth time

Business BureauBusiness

Turkish Airlines has been named the Best Food & Beverage Airline in Europe at the 2026 APEX Best Airline Awards, marking the fifth time the carrier has received the prestigious recognition. The award was presented during the APEX Awards Ceremony held in Dublin, Ireland, on June 10 as part of the Future Travel Experience EMEA, Ancillary & Retailing Event. The award was based on verified passenger feedback collected in partnership with TripIt by Concur. More than one million flights operated by over 600 airlines worldwide were evaluated during the 2026 assessment period. Passengers rated airlines across categories including seat comfort,…

12 Jun

AM/NS India, BITS Pilani celebrate first MBA batch in manufacturing management

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has marked a major milestone in its capability-building journey with the graduation of the inaugural batch of its MBA in Manufacturing Management programme, developed in partnership with BITS Pilani. The convocation ceremony was held at AM/NS India’s flagship Hazira plant on Thursday and was attended by Surat Police Commissioner Anupam Singh Gahlaut as the chief guest. The programme builds on the success of the company’s B.Techprogramme in Process Engineering and reflects its continued focus on developing a future-ready workforce through Work Integrated Learning Programmes (WILP). The customised MBA programme was designed to address the…

12 Jun

Tetley taps wellness beverage market with L-Carnitine-infused green tea

Business BureauBusiness

Tetley, owned by Tata Consumer Products, is sharpening its focus on India's expanding wellness beverage market by promoting the benefits of L-Carnitine-infused green tea as part of everyday weight management and healthy living routines. The company said L-Carnitine plays an important role in energy production by transporting long-chain fatty acids into the mitochondria, where they are utilised for fat metabolism and energy generation. The nutrient occurs naturally in dairy products and is also synthesised by the human body from the amino acids lysine and methionine. According to scientific evidence cited by Tetley, L-Carnitine can support the utilisation of stored body…

12 Jun

MSDE launches SARTHI to accelerate reforms in India’s ITI network

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) is set to convene the first meeting of the Strategic Advisory and Reforms Taskforce for Holistic ITI Transformation (SARTHI) on June 12 at Vigyan Bhavan, New Delhi, as part of efforts to modernise India’s vocational training ecosystem and strengthen industry-ready workforce development. The meeting will be chaired by Shri Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education, and will bring together senior representatives from the Central and State Governments, industry bodies, regulatory institutions and the wider skilling ecosystem.SARTHI has been established as…

12 Jun

Skill India completes 12 years, expands skilling ecosystem across the country

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE) on Thursday marked twelve years of Skills, Scale and Transformation, highlighting the growth of one of the world's largest skilling ecosystems and its contribution to India's vision of Viksit Bharat 2047. The ministry said it has built a comprehensive framework integrating vocational education, industry-led training, apprenticeships, entrepreneurship development, digital skilling and international workforce mobility. Over the past decade, the number of Industrial Training Institutes (ITIs) has increased from 9,776 in 2014 to more than 13,888 across the country. More than 56.08 lakh apprentices have been engaged since 2016, while over 1.64 crore…

12 Jun

TVS Motor chairman congratulates PM Modi on milestone tenure

Business BureauBusiness

Chairman of TVS Motor Company, Sudarshan Venu, has congratulated Prime Minister Narendra Modi on becoming the longest-serving Prime Minister in India's history, describing his tenure as a period of transformative change and long-term national development. In a statement ,Venu said the past 12 years under Modi's leadership had marked a "paradigm shift" for the country. He said the period witnessed rapid economic growth, inclusive development, social upliftment and the implementation of long-term reforms across sectors. Venu noted that the government had focused on strengthening India's self-reliance and creating a foundation for sustained progress. He praised the Prime Minister's leadership, describing…

12 Jun

Government Halts Bulk Industrial Fuel Procurement at Retail Pumps

anuprova EditorBusiness

The Union Government has officially barred industrial, commercial, and institutional users from purchasing petrol and diesel at retail fuel stations. Issued by the Ministry of Petroleum and Natural Gas under a temporary 90-day regulation order, this policy forces heavy commercial buyers to source their requirements strictly through designated bulk supply channels. Additionally, the directive clamps down on retail diesel sales by capping purchases at 200 litres per customer or vehicle per day, mandating that the fuel can only be dispensed directly into vehicle tanks or specialized, government-approved containers with a strict ban on resale. This decisive regulatory intervention was triggered…

12 Jun

India sends 14 skilled workers to Mauritius under mobility partnership

Business BureauBusiness

The Government of India on Wednesday sent a fresh batch of 14 skilled workers to Mauritius under the India-Mauritius Government-to-Government (G2G) Labour Mobility Framework, marking another step in expanding overseas employment opportunities for Indian youth through a structured and transparent mechanism. The workers were flagged off by Shri Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education. The departure follows the successful placement of the first batch of Indian workers already employed in Mauritius under the programme. Officials said another 33 candidates are currently undergoing work permit and documentation procedures. Addressing…

11 Jun

Rapido joins hands with MoRTH to promote Rahveer Scheme, sets Guinness World Record

Business BureauBusiness

Rapido has partnered with the Ministry of Road Transport and Highways (MoRTH) to boost nationwide awareness and citizen participation in the Government of India's Rahveer Scheme, an initiative aimed at encouraging timely assistance to road accident victims during the critical Golden Hour.The collaboration was announced in the presence of Union Minister for Road Transport and Highways Nitin Gadkari, senior ministry officials and Rapido Co-founder AravindSanka. As part of the initiative, more than four lakh Rapido Captains and consumers from across the country took the Rahveer Pledge through the Rapido platform, creating a Guinness World Record. The move is aimed at…