Business

07 Mar

Castrol India shares increase 12% amid talks of Saudi Aramco bidding for BP’s lubricants assets

Priyanka RoyBusiness, News

Castrol India shares on March 6 recorded their biggest single-day rise in eight months amid talks of Saudi Aramco considering a possible offer for lubricants assets being sold by BP Plc.The world's largest energy company is studying whether to bid for part or all of the business that operates under the Castrol brand name, Bloomberg reported on March 5, citing sources.Aramco may consider combining the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal scheduled to be completed in 2023, the report said. Aramco is particularly interested in Castrol's operations in fast-growing markets such…

07 Mar

Toyota Kirloskar Motor Celebrates International Women’s Day 2025 with Renewed Commitment to Gender Equality

Business BureauBusiness

Toyota Kirloskar Motor (TKM) reinforced its commitment to gender diversity in the automotive sector on International Women’s Day, unveiling new strategies to boost female representation to 30% by 2030. The company’s initiatives focus on skilling, workplace inclusivity, and infrastructure enhancement to create more opportunities for women in manufacturing and leadership roles. This year’s Women’s Day theme, #AccelerateAction, aligns with TKM’s efforts to dismantle industry barriers. A key highlight was a grand event at its Bidadi facility, bringing together over 500 women employees for leadership panels, cultural programs, and recognition sessions. TKM’s Women’s Marathon Team also showcased resilience, securing 10th place…

06 Mar

Zarina Laskar wins ‘Excellence in Fashion Entrepreneurship’ at FEMINA ACHIEVERS’ AWARDS 2025

Business BureauBusiness

Fashion entrepreneur Zarina Laskar has been honored with the "Excellence in Fashion Entrepreneurship" award at the FEMINA ACHIEVERS' AWARDS 2025 NORTHEAST, held at TajVivanta, Guwahati, on March 2. Hailing from Barak Valley, Laskar has gained national and international recognition for her brand STYLEYA, which blends North-Eastern handwoven fabrics with modern designs. Founded in 2017, STYLEYA has emerged as a leading fashion label, redefining traditional wear by integrating Assam’s rich textile heritage. The brand collaborates with local artisans and women weavers, ensuring both economic empowerment and cultural preservation. With a diverse collection—including Kaftans, Burkhas, Designer Kurtis, Lehengas, and an expanding men’s…

06 Mar

Luxury housing prices increase in Delhi, Mumbai, Bengaluru – Knight Frank

Priyanka RoyBusiness, News

New Delhi, March 5 Delhi has jumped to 18th spot among 100 cities globally in terms of annual price growth in the luxury housing segment last year, according to Knight Frank. Global property consultant Knight Frank's 'The Wealth Report 2025' showed that the Prime International Residential Index (PIRI 100) value is projected to rise 3.6 per cent in 2024. Of the 100 luxury residential markets tracked, 80 recorded positive or flat annual price growth. Among Indian cities, Delhi is ranked 18th, a significant jump due to a 6.7 per cent year-on-year (YoY) rise in luxury residential prices. Mumbai is ranked…

05 Mar

Silver futures surge: Prices rise by Rs 859 per kg

Priyanka RoyBusiness, News

New Delhi, March 5 Silver prices rose by Rs 859 to Rs 97,115 per kg on Wednesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for March delivery rose by Rs 859, or 0.89 per cent, to Rs 97,115 per kg in a business turnover of 19,331 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.62 per cent higher at $32.17 per ounce in New York.

05 Mar

Authorities Urge Preparations Ahead of Cyclone Alfred’s Landfall

Sonakshi Sarkarinternational

Southeastern Queensland is on high alert as Tropical Cyclone Alfred approaches, prompting authorities to urge residents to prepare their properties and establish evacuation plans. Premier David Crisafulli emphasized the importance of immediate action, including securing loose objects and trimming overhanging trees, to minimize potential damage. The cyclone is expected to make landfall during high tide, raising concerns about severe flooding and property damage. The Australian Defence Force has been deployed to assist in preparations, delivering an additional 250,000 sandbags to vulnerable areas. Residents are advised to stay updated through official channels and adhere to evacuation orders if issued.

05 Mar

Royal Stag BoomBox creates a Spell-Binding Experience in Guwahati: Iconic Performances by Armaan Malik, Nikhita Gandhi, Ikka and DJ Yogii

Business BureauBusiness

Celebrating the spirit of ‘Living it Large’, Seagram's Royal Stag marked the commencement of its highly anticipated third edition of Royal Stag BoomBox with a spectacular show at Saru Sajai Stadium Complex, Guwahati, Assam on March 1st. Building on the phenomenal success of previous editions, this year's festival pushes boundaries even further by bringing together the best of music and gaming entertainment. The evening witnessed an overwhelming response as thousands of enthusiasts gathered to experience performances by some of India's most celebrated artists. The event delivered an unforgettable night of pulsating music, enthralling performances, and unparalleled energy. The sprawling grounds…

05 Mar

ICICI Prudential announces launch of ‘ICICI Pru GIFT Select’ – A new era in guaranteed income solutions

Business BureauBusiness

ICICI Prudential Life Insurance has introduced ‘ICICI Pru GIFT Select,’ a long-term savings product designed to offer guaranteed immediate income, ensuring liquidity for customers amid market fluctuations. The product provides flexibility by allowing customers to decide when they want their guaranteed income to start, its duration, and the payout at maturity. It also includes a life cover component for financial security. One of its standout features is an increasing income option, which boosts payouts at a compounding rate of 5% per annum, helping customers mitigate inflation. Speaking on the launch, Amit Palta, Chief Product and Distribution Officer at ICICI Prudential…

04 Mar

Hinduja College eyes deemed university status; VP Dhankhar urges corporate investment in education

Business BureauBusiness

Hinduja College of Commerce is set to become a deemed university, marking a significant milestone in its 75-year journey. At the anniversary event, Vice President of India, Jagdeep Dhankhar, called on corporate India to invest in education, emphasizing that philanthropy should not be driven by commercialization. He stressed that education is a key transformative tool for equality and urged the integration of Sanatan values for inclusivity. Ashok Hinduja, Chairman of Hinduja Foundation, announced that the college would expand student capacity and introduce specialized programs in Artificial Intelligence, Data Science, Climate Finance, and Export-Import Management. The college is undergoing redevelopment, with…

04 Mar

IEX trade volumes gain 9% in February | Indian Energy Exchange

Priyanka RoyBusiness, News

The Indian Energy Exchange (IEX) said in a statement on Monday that trade volumes in February registered a 9 per cent growth to 9,622 million units as compared to the same period last year. A total of 16.37 lakh renewable energy certificates were traded during the month, marking a 167 per cent year-on-year (y-o-y) growth. The next REC trading sessions at the exchange are scheduled for March 12 and 26. In the power market, the Day-Ahead Market (DAM) achieved 5,369 MU volumes in February as against 4,722 MU volumes in the same month last year, a 14 per cent growth…