Business - The Purbottar

03 Nov

IREDA vows bigger push for renewable energy growth in Northeast, eyes green power hub future

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The Indian Renewable Energy Development Agency Ltd. (IREDA) has renewed its commitment to accelerating renewable energy expansion in the North-Eastern region. Speaking at an event titled “Financing Renewable Energy in the North Eastern Region” in Guwahati, Chairman and Managing Director Pradip Kumar Das highlighted the region’s crucial role in India’s clean energy roadmap. Shri Das informed that India’s renewable energy capacity has tripled since FY14 and is projected to double again by FY2030, requiring investment of around ₹28 lakh crore. The Northeast, he noted, holds tremendous green energy potential, particularly in hydropower and solar, with approximately 5 GW of renewable…

03 Nov

TCI reports 8% revenue growth in Q2 FY26, driven by Auto & FMCG demand

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Transport Corporation of India Ltd. (TCI), one of India’s largest integrated multimodal logistics and supply chain companies, has reported strong financial results for the second quarter of FY2026, supported by robust demand across the auto, FMCG and consumer durables sectors. The company posted a consolidated revenue of ₹12,174 million in Q2 FY26, an increase of 8% from ₹11,314 million in the same period last year. EBITDA rose 7% to ₹1,624 million from ₹1,519 million, while profit after tax (PAT) increased 6% to ₹1,135 million. For the first six months of FY26, TCI recorded 8.3% growth in revenue and 11% rise…

03 Nov

Kolkata leads India in crypto profitability as Gen Z drives investment boom

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Kolkata has emerged as India’s most successful crypto investment hub this quarter, with 77.4% of investor portfolios in profit, according to CoinSwitch’s Q3 2025 edition of India’s Crypto Portfolio: How India Invests. The report, based on insights from over 2.5 crore users, highlights shifting crypto investment trends, with Gen Z (18–25) overtaking millennials as the largest investor group at 37.6%. Kolkata ranked 6th nationally in crypto adoption but topped the profitability chart, driven by a balanced and data-led approach to digital assets. Large-cap coins dominated portfolios at 36.3%, followed by blue-chip assets (24.3%), mid-cap assets (31.9%), and small-cap tokens (7.5%),…

03 Nov

CAIT launches ‘ARISE’ mission to skill 2.5 million retail traders across India

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In a major push to strengthen India’s retail sector, the Confederation of All India Traders (CAIT) on Thursday launched its National Skilling Mission “ARISE” in partnership with Coca-Cola India and with support from the National Skill Development Corporation (NSDC). The initiative aims to train and digitally empower 2.5 million small traders and kirana owners across the country. The programme was inaugurated by Delhi Chief Minister Rekha Gupta. MP and CAIT Secretary General Praveen Khandelwal presided over the launch, attended by senior government officials and industry representatives. Gupta called the initiative a “historic step” to empower small shopkeepers who she termed…

01 Nov

Cultural sentiments surge as Shillong prepares for S.D. Burman tribute

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Shillong’s cultural and events ecosystem is witnessing a positive uptick with the Byatikram Group announcing the second edition of “Remembering the Maestro – S.D. Burman”, scheduled for November 9 at U Soso Tham Auditorium. Organised in association with The Times of India and Rabindranath Tagore Club, Laban, the event is expected to boost regional tourism, hospitality demand, and audience footfall in the city’s cultural market. The announcement was made at Shillong Press Club in the presence of Dr. Saumen Bharatiya, Patron-in-Chief, Pankaj Deb, and key members of Byatikram Group. A symbolic 69-member chorus by Bahaar Group will honour S.D. Burman’s…

01 Nov

French delegation to explore investment potential in North-East at first Indo-French Conference in Assam

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The Indo-French Chamber of Commerce & Industry (IFCCI) is set to host the first Indo-French Investment Conference in North-East India, with a special focus on Assam, aiming to strengthen bilateral ties and expand trade and investment opportunities in the region. Organised in partnership with the Embassy of France in India and the Assam Government, the conference will witness participation from key policymakers, diplomats, business leaders and senior bureaucrats. Union Minister for Communications and DoNER Jyotiraditya M. Scindia and French Ambassador Thierry Mathou will attend the event. More than 20 French CEOs will take part in a high-level Business-to-Government (B2G) session,…

01 Nov

Tata Motors, THINK Gas ink pact to strengthen LNG trucking infrastructure in India

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Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with THINK Gas to accelerate the development of the LNG refuelling ecosystem for long-haul trucking. The collaboration, announced on 30 October 2025, aims to strengthen India’s clean mobility infrastructure by promoting LNG-powered heavy-duty commercial vehicles and expanding refuelling networks across key logistics routes. Under the agreement, Tata Motors will help identify critical freight corridors and logistics hubs for LNG infrastructure, while THINK Gas will ensure high-quality fuel supply and operational reliability. Tata Motors’ customers are also expected to receive benefits such as preferential pricing at THINK…

01 Nov

Decathlon rolls out India-made Kipsta RESIST Football Series for all terrains

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Decathlon, the global sports retail giant, has launched the Kipsta RESIST football series in India, aiming to meet the needs of players across the country’s diverse playing environments. Announced on October 30, 2025, the new range is fully designed and manufactured in India and tailored for surfaces ranging from dry hard grounds to wet and uneven fields, a common challenge for Indian footballers. The series comprises two models — Training High Resist Ball and Club High Resist Ball. The Training ball features an abrasion-resistant rubber outer layer for long-lasting performance on hard ground, mud, gravel, and grass, meeting FIFA Basic…

01 Nov

Turkish Airlines secures USD 412 million funding from Bank of China to boost expansion

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Turkish Airlines has secured a major financing agreement worth 2.9 billion Chinese Yuan (approximately USD 412 million) from Bank of China, arranged through Bank of China Turkey A.Ş., marking one of its most significant recent financial achievements. The five-year facility will support the airline’s development plans, including fleet expansion, business growth, and new infrastructure projects at Istanbul Airport. The deal underscores Turkish Airlines’ strategy to diversify funding sources while strengthening long-term financial resilience. The financing, coordinated by Bank of China Turkey and the BOC Macau branch, also reinforces growing economic and strategic cooperation between Türkiye and China. Assoc. Prof. Murat…

01 Nov

Young Innovators from Bharat Shine at Samsung Solve for Tomorrow 2025; winning teams received INR 1 crore

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Samsung, India’s largest consumer electronics brand, has announced the winners of Samsung Solve for Tomorrow 2025, the fourth edition of its national education programme that challenges young students to use technology to create real-world solutions for pressing challenges in their local communities. The Top Four winning teams—Percevia (Bengaluru), NextPlay.AI (Aurangabad), Paraspeak (Gurugram), and Prithvi Rakshak (Palamu)—received INR 1 crore in incubation grants and will continue to develop their prototypes into scalable real-world solutions with mentorship support at IIT Delhi’s FITT Labs. The jury panel brought together Samsung leadership and experts from across academia, government, and industry to evaluate the finalists’…