Business - The Purbottar

29 Jul

Byatikram Real Estate Conclave 2.0 Highlights Urban Growth Potential in Northeast India

Business BureauBusiness

The Byatikram Real Estate Conclave 2.0, hosted on 25th July 2025 at Hotel Vivanta, Guwahati, brought together key stakeholders to spotlight the dynamic growth of Northeast India's real estate sector. Organized by Byatikram Group in association with The Times of India, and powered by SRMB and NEDFi, the event was supported by SBI, Ambuja Neotia, Sree Balaji Panthaniwas, and IDFC First Bank. The conclave was actively promoted by media partners Mirchi 95, Prag News, Eastern Chronicle, Shiv Media, and Byatikram Digital. The event began with a ceremonial lamp lighting graced by dignitaries including Prof. (Dr.) H.P. Agarwal (Royal Global University);…

29 Jul

Aadhar Housing Finance posts 22% AUM growth in Q1 FY26, PAT rises 19%

Business BureauBusiness

Aadhar Housing Finance Ltd. reported a strong start to FY26, with its Assets Under Management (AUM) rising 22% year-on-year to ₹26,524 crore in Q1. Profit after tax (PAT) grew 19% to ₹237 crore, while disbursements surged 32% to ₹1,979 crore, reflecting robust demand in the affordable housing segment. The company’s net worth reached ₹6,616 crore, boosted by ₹1,000 crore raised via IPO. The gross NPA rose slightly to 1.34% from 1.31% last year, while Return on Assets stood at 4.0%. Managing Director & CEO Rishi Anand attributed the performance to “sustained demand in the affordable housing segment” and highlighted the…

29 Jul

Made-in-India Nissan Magnite secures GNCAP 5-star safety rating, sets new benchmark in passenger protection

Business BureauBusiness

The Made-in-India New Nissan Magnite has achieved a significant milestone by securing a 5-star overall passenger safety rating from the Global New Car Assessment Programme (GNCAP). The right-hand drive (RHD) version, manufactured at Nissan’s Chennai facility, scored a perfect 5-star for Adult Occupant Protection (AOP) and 3-star for Child Occupant Protection (COP), making it one of the safest SUVs in India and South Africa. Built on the enhanced CMF-A+ platform, the Magnite features over 40 standard safety elements including six airbags, ABS with EBD, electronic stability control, traction control, and hydraulic brake assist. Its body structure incorporates 67% high tensile…

29 Jul

Tata AIA registers 50 MDRT-qualified Advisors in Assam, strengthens financial advisory reach

Business BureauBusiness

Tata AIA Life Insurance has reaffirmed its leadership in financial advisory excellence by registering 50 Million Dollar Round Table (MDRT)-qualified advisors in Assam, including 2 MDRTs, 6 Court of the Table (COT), and 1 Top of the Table (TOT) qualifiers. This regional achievement reflects the company’s growing footprint in the Northeast, highlighting the strong demand for quality financial guidance. Nationally, Tata AIA recorded 2,871 MDRT qualifiers, achieving an 11% year-on-year growth and retaining its position as India’s No. 1 life insurer in MDRT rankings for the third consecutive year. Globally, the company climbed to 4th place from 6th. With 1,343…

28 Jul

Silver futures upgrade to ₹1,13,168/kg

editorBusiness, News

New Delhi, Silver prices rose by Rs 116 to Rs 1,13,168 per kg in futures trade on Monday as participants increased their deals. At the Multi Commodity Exchange, silver contracts for September delivery rose by Rs 116, or 0.1 percent, to Rs 1,13,168 per kg in a business turnover of 16,021 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.16 percent higher at $38.42 an ounce in New York.

28 Jul

Mars launches national campaign urging Indian pet parents to shift from plate to bowl

Business BureauBusiness

Mars Petcare India has rolled out a powerful awareness campaign under its PEDIGREE® and WHISKAS® brands urging Indian pet owners to rethink how they feed their furry family members. Titled “Feed Them Like Cats and Dogs,” the campaign addresses a widespread issue—pets in India are often fed human food, leading to nutritional imbalances. Backed by a survey of veterinarians across India, the campaign highlights that 9 in 10 pets lack proper nutrition, with most vets recommending complete and balanced packaged pet food. Key findings revealed that 91% of vets endorse packaged food for precision in calorie and nutrient balance, and…

26 Jul

Bank of Baroda Q1 results: Net profit upgrade 2% to ₹4,541 crore; marginal decline in net profit

editorBusiness, News

Bank of Baroda on Friday, July 25, reported a 1.8% rise in its standalone net profit for the April to June quarter of FY26 at ₹4,541 crore as against ₹4,458 crore in the corresponding quarter of the previous fiscal. However, the public sector bank's net interest income (NII) declined 1.4% year-on-year to ₹11,435 crore as against ₹11,600 crore in Q1 FY25. On the asset quality front, Bank of Baroda's gross non-performing assets (NPA) stood at 2.28% as against 2.26% quarter-on-quarter (QoQ). Net NPA stood at 0.6% in Q1 FY26 as compared to 0.58% quarter-on-quarter. In the quarter under review, the…

26 Jul

VLCC launches 100% job guarantee skilling program, expands footprint with 14 new institutes

Business BureauBusiness

VLCC India, a leading wellness and beauty brand, has taken a significant step in supporting the Government of India’s Skill India Mission by launching an industry-first initiative: 100% guaranteed placement for eligible students along with scholarships of up to 100% for meritorious and underserved youth. The move aims to empower India’s youth and bridge the growing employability gap in the beauty and wellness sector. As part of this mission, VLCC inaugurated 14 new VLCC School of Beauty institutes, expanding its training network to 106 institutes nationwide, with a strong focus on Tier 2 and Tier 3 towns. VLCC has already…

26 Jul

Axis Bank drives Mangrove restoration in Sundarbans to boost climate resilience

Business BureauBusiness

Axis Bank, in collaboration with the Nature Environment and Wildlife Society (NEWS), has restored 16 hectares of mangrove forest in West Bengal’s Sundarbans region since 2022. The initiative, part of a larger goal to rejuvenate 135 hectares by 2028 through the plantation of 7 lakh saplings, aims to strengthen coastal biodiversity and support climate-vulnerable communities in South and North 24 Parganas. The program integrates soil carbon estimation to measure ecological gains and align with India’s MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes) mission. It also supports UN Sustainable Development Goals, particularly climate action (SDG 13) and life below…

26 Jul

ABD launches refreshed sterling reserve B7 in Kolkata

Business BureauBusiness

Allied Blenders and Distillers (ABD), India’s largest spirits company by volume, has introduced a renewed version of its popular semi-premium whisky, Sterling Reserve B7 (SRB7), in Kolkata. With a refined, smoother taste, the refreshed blend is designed to meet the evolving preferences of India’s modern whisky consumers. Retaining its bold character, the new SRB7 offers a fuller-bodied experience with an easy-drinking smoothness ideal for both seasoned connoisseurs and newcomers. To bring this transformation to life, ABD has launched the high-energy #B7MagicBarTour — a multi-city campaign beginning in Kolkata, featuring local street magicians, pop-up bars, and immersive tasting events. The brand’s…