Business

18 Feb

Gold imports gain over 40% to $2.68 billion in January

Priyanka RoyBusiness, News

Overall, imports rose 32 percent to USD 50 billion from April to January this fiscal, as against USD 37.85 billion in the same period last fiscal. The rise in imports also reflects strong investor confidence in the precious metal as a safe-haven asset. Additional factors include asset diversification in gold amid global uncertainties, rising demand from banks and reduction in customs duty. The price of the yellow metal has risen 11 percent this year, reaching Rs 88,200 for every 10 grams in the national capital. India's gold imports, impacting the country's current account deficit (CAD), rose 30 percent to USD…

17 Feb

Nipun Axom Mission ensuring quality education at foundational Level

Business BureauBusiness

The National Education Policy 2020 highlights foundational learning as essential for future education. The NIPUN Bharat Mission, launched on 5th July 2021, aims to achieve foundational literacy and numeracy (FLN) by 2026-27. The NIPUN Axom Mission was launched in Assam on 16th November, 2021 by the Honorable Chief Minister of Assam, Dr. Himanta Biswa Sarma, along with the Honorable Education Minister of Assam, Dr. Ranoj Pegu, with an objective to ensure achievement of Foundational Literacy and Numeracy skills by all children by the end of Grade 3. In order to achieve this objective, the state has initiated different programs to…

17 Feb

Downtown Hospital Marks 36 Years of Service with Grand Celebrations

Business BureauBusiness

down town hospital celebrated its 36th Anniversary from 3rd February 2025 with various competitions among the staff and doctors of the hospital, culminating in a two-day mega health mela. The celebrations concluded with the 33rd down town Public Oration & Award function on 15th February 2025 at ITA Machkhowa, Guwahati, at 4 PM. The 36th Anniversary function of down town hospital held at the hospital auditorium on 15th of February 2025 at 10 AM. The 66th Edition of down town Newsletter was inaugurated with the Directors present in the dais Dr. N.N. Dutta - CMD, Dr. B.K. Gogoi – Medical…

17 Feb

HCLTech launches applications for TechBee Program, eyes career-building opportunities

Business BureauBusiness

HCLTech has invited applications for its TechBee early career program, targeting students completing Class 12 in 2023, 2024, or 2025. The program offers 12 months of intensive training, followed by full-time job placements and the opportunity to pursue part-time higher education from institutions like BITS Pilani, IIIT Kottayam, SASTRA University, and Amity University Online. Students with a mathematics or business mathematics background are eligible for roles in areas such as cloud, data science, AI, and digital engineering. Now in its eighth year, the TechBee program has become a launchpad for students aspiring to tech careers. “Since 2017, TechBee has trained…

17 Feb

IndusInd Bank and BFIL partner with Tripura government to launch 1962 helpline for livestock care

Business BureauBusiness

IndusInd Bank Limited (IBL) and its subsidiary Bharat Financial Inclusion Limited (BFIL) have signed an MoU with the Government of Tripura to roll out a dedicated 1962 livestock care helpline under BFIL’s Bharat Sanjeevani program. This marks the expansion of the nationally recognized CSR initiative to its tenth state, covering 875 villages across Tripura’s eight districts. The 1962 toll-free helpline will offer veterinary services, artificial insemination, vaccinations, and expert advice on animal husbandry. A centralized emergency response center will be set up at Tripura’s Animal Resources Development Department (ARDD) in Agartala, supported by BFIL and IBL. Farmers can connect directly…

17 Feb

GlaxoSmithKline Pharma Q3FY25: Net profit gain 400% to Rs 228.58 crore

Priyanka RoyBusiness, News

GlaxoSmithKline (GSK) Pharmaceuticals on Friday announced a 402 per cent year-on-year (Y-o-Y) increase in consolidated net profit for the December quarter (Q3 FY25) to Rs 228.58 crore, up from Rs 45.49 crore in the same period last year. The company’s revenue from operations rose to Rs 946.36 crore, a 17.5 per cent Y-o-Y increase from Rs 804.98 crore in Q3 FY24. Sequentially, the company’s net profit fell 8.08 per cent, whereas revenue declined 5.4 per cent, from Rs 248.68 crore and Rs 1,000.05 crore, respectively, reported in Q2 FY25. The performance is attributed to the company's strong growth across key product portfolios. GSK…

15 Feb

Tata Motors introduces the 2025 Tiago, Tiago.ev, and Tigor with New Tech, New Design and New Colours

Business BureauBusiness

Tata Motors, India’s leading SUV manufacturer, today opened bookings for the 2025 Tiago, Tiago.ev and the Tigor. Starting at an attractive of Rs. 4.99 Lakhs for the Tiago, Rs. 7.99 Lakhs for the Tiago.ev and Rs. 5.99 Lakhs for the Tigor, customers can visit the Company’s official website (cars.tatamotors.com) to register their interest for more details. Following its strong multi power train strategy, Tata Motors will be offering the 2025 Tiago in Petrol, CNG and Electric versions and the 2025 Tigor in Petrol and CNG versions. Both cars will be available in MT and AMT options. Bimal Cars Managing Director…

15 Feb

INDIAWOOD 2025: Celebrating 25 years of innovation in furniture manufacturing

Sonakshi SarkarBusiness

INDIAWOOD 2025, a premier event in the woodworking and furniture manufacturing sector, will be held from March 6-9, 2025, at India Expo Mart & Centre, Greater Noida. Organized by Nuernberg Messe India, this milestone edition will mark 25 years of industry advancements, showcasing cutting-edge technologies and sustainable practices. The Indian furniture market, valued at USD 25.75 billion in 2025, is projected to grow to USD 37.18 billion by 2030, driven by innovation and increased exports. Key highlights include events like Surface in Motion, India Mattresstech Expo, and Wood+ in Architecture & Design, all designed to explore trends shaping the future…

15 Feb

Toyota’s Green Mobility vision: A consumer-first approach to sustainability

Business BureauBusiness

Toyota Kirloskar Motor (TKM) is transforming the way consumers experience sustainable mobility. At the India Energy Week (IEW) 2025, held in New Delhi from February 11 to 14, Toyota unveiled a lineup of eco-friendly vehicles designed to make green transportation more practical, accessible, and cost-effective for Indian consumers. Toyota’s multi-pathway approach includes the InnovaHycross Strong Hybrid Electric Vehicle (SHEV), the Mirai Fuel Cell Electric Vehicle (FCEV) powered by hydrogen, and the Prius Flex-Fuel Plug-in Hybrid Electric Vehicle (FFV-PHEV) that runs on up to 100% ethanol. The company also showcased its Urban Battery Electric Vehicle (BEV) Concept, tailored for urban commuters,…

15 Feb

Easy Trip Q3 results | Net profit, margins drop despite 172% jump in hotel bookings

Priyanka RoyBusiness, News

Online travel service provider Easy Trip Planners Ltd on Friday (February 14) reported a 26.3% year-on-year (YoY) decline in net profit for the third quarter ended December 31, 2024, to ₹45.6 crore from the same quarter in FY24. Revenue from operations declined 6.5% to ₹150.5 crore as against ₹160.9 crore in the same period last fiscal. At the operational level, EBITDA (earnings before interest, tax, depreciation and amortization) declined 21.8% YoY to ₹47.7 crore from ₹61 crore in Q3FY25, while EBITDA margin declined to 31.7% from 37.9% in the same quarter last fiscal. For the nine months ended December 31,…