Business - The Purbottar

26 Jun

Novo Nordisk launches Wegovy® in India, offers weight management with heart health benefits

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Danish pharmaceutical giant Novo Nordisk has launched Wegovy®, a once-weekly injectable medication for chronic weight management, in India. Uniquely, Wegovy® is the first and only treatment in the country approved not only for weight loss but also for reducing major cardiovascular risks, including heart attack, stroke, and cardiovascular-related death in individuals with obesity or overweight. Wegovy®, containing the active ingredient Semaglutide, is available in five dosing strengths and comes in an easy-to-use pen device. The India-specific pricing includes the same cost for the first three doses, supporting smooth dosage escalation without additional financial burden. Clinical studies have shown that 1…

26 Jun

Sony India launches Alpha 1 II full-frame camera, sets new benchmark in pro imaging

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Sony India has unveiled its latest flagship camera, the Alpha™ 1 II, offering professionals a powerful combination of 50.1 MP resolution, advanced AI autofocus, and 8K video capabilities. Designed for photographers and videographers seeking speed, clarity, and precision, the camera goes on sale from June 25 at ₹5,79,990. Equipped with a stacked Exmor RS™ CMOS sensor and the BIONZ XR™ processor, the Alpha 1 II enables up to 30 fps blackout-free shooting, Real-time Recognition AF, and Pre-Capture of up to one second. It also supports 8K 30p and 4K 120p recording, enhanced by image stabilization up to 8.5 stops for…

26 Jun

Coriander futures prices upgrade due to high demand

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New Delhi, June 25: Coriander prices rose by Rs 10 to Rs 7,114 per quintal in futures trade on Wednesday as speculators increased their positions in view of a firm trend in the spot market. Coriander contracts for July delivery rose by Rs 10, or 0.14 percent, to Rs 7,114 per quintal on the National Commodity and Derivatives Exchange, with a turnover of 15,925 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and limited supplies from producing regions.

25 Jun

Tata AIA unveils two new funds to tap into India’s growth story

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Tata AIA Life Insurance has launched two new funds—Tata AIA Top 200 Alpha 30 Index Fund and Tata AIA Top 200 Alpha 30 Index Pension Fund—to empower investors to capitalise on India’s rise as the world’s fourth-largest economy. These unit-linked insurance plan (ULIP) based funds are tailored for wealth creation and retirement planning, opening at ₹10 per unit under a limited New Fund Offer (NFO) till June 30, 2025. Both funds aim for long-term capital appreciation by investing in high-alpha stocks from the Nifty 200 Alpha 30 Index, offering equity exposure of 80-100%. While the Alpha 30 Index Fund is…

25 Jun

Supertech EV to raise Rs 29.90 crore via SME IPO, opens June 25

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Electric vehicle maker Supertech EV Ltd is all set to launch its SME IPO on June 25, 2025, aiming to raise up to ₹29.90 crore through the issue of 32.49 lakh equity shares. The IPO, priced between ₹87–₹92 per share, will remain open till June 27, and the shares will be listed on the BSE SME platform. The company plans to use ₹16.50 crore from the proceeds for working capital needs, ₹3 crore to repay borrowings, and the rest for general corporate purposes. The minimum application size is 1,200 shares, requiring a minimum investment of ₹1,10,400 at the upper band.…

25 Jun

Hindustan Copper hosts Chile’s CODELCO team for landmark mining collaboration

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Hindustan Copper Limited (HCL) welcomed a high-level delegation from Chile’s state-owned copper giant, CODELCO, in New Delhi on Monday. This marks the first-of-its-kind visit by CODELCO experts to India, aimed at assessing HCL’s mining and operational infrastructure across the country. The three-week visit follows the historic Memorandum of Understanding (MoU) signed on April 1, 2025, during a bilateral meeting between Indian Prime Minister Narendra Modi and Chilean President Gabriel Boric Font. The MoU aims to foster mutual cooperation in exploration, mining technology, mineral beneficiation, employee training, and capacity building. The delegation includes prominent Chilean experts: Angelo Catalano (Geology), Jose Perez…

24 Jun

Aluminium futures prices downfall on weak demand

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New Delhi, June 24: Aluminium prices fell by Rs 2.75 to Rs 247.70 per kg in futures trade on Tuesday as participants cut their positions following a weak trend in the spot market. Aluminium contracts for July delivery fell by Rs 2.75, or 1.1 percent, to Rs 247.70 per kg on the Multi Commodity Exchange in a business turnover of 3,574 lots. Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.

24 Jun

Medanta to host three-day multi-speciality medical camp in Kohima from June 25

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Gurgaon-based Medanta – The Medicity, India’s top-ranked private hospital by Newsweek for six consecutive years, is set to host a three-day multi-speciality medical camp in Kohima from June 25 to 27. Organized in collaboration with the Government of Nagaland, IDAN, Directorate of Industries and Commerce, and Nagaland Police, the initiative aims to deliver accessible, high-quality healthcare to underserved communities in the Northeast. The camp follows Medanta’s MoU with the Nagaland government under the Chief Minister’s Health Insurance Scheme (CMHIS), reinforcing its commitment to expanding advanced healthcare services in remote regions. The event will be held across three key locations, targeting…

24 Jun

Indian missions lead International Yoga Day celebrations worldwide

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Indian missions across the globe marked the 11th International Yoga Day with great zeal and participation on June 21. From Times Square in New York to cities in Africa, and from London to Beijing, thousands gathered to celebrate yoga, the ancient Indian practice symbolizing unity, peace, and wellness. Mass yoga sessions were held in countries including the US, Russia, UK, France, China, Japan, Australia, and Qatar. At the UN Headquarters in New York, yoga guru Deepak Chopra led a meditation session with over 1,200 participants. Ambassador P. Harish, India’s Permanent Representative to the UN, said this year’s theme, “One Earth,…

24 Jun

North East Growth Lab launched to supercharge 90 startups across Northeast with Rs 100 cr enterprise vision

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IIMA Ventures, in partnership with SAP, has officially launched the North East Growth Lab (NEGL)—an ambitious platform set to accelerate 90 startups and social enterprises across all eight northeastern states. Modeled on the success of the World Bank-supported Assam Agribusiness Growth Lab (AAGL), NEGL will offer catalytic capital (grants and optionally convertible debt), mentorship, business training, and critical market access. Over the next three years, NEGL aims to generate ₹100 crore in enterprise value and positively impact over 5 lakh individuals, especially from low- and middle-income segments. The initiative also includes ecosystem-building events such as startup outreach, bootcamps, and investment-focused…