Business Bureau

Nissan Motor India Pvt. Ltd. (NMIPL) has secured a place in the India Book of Records after a convoy of 60 all-new Nissan TEKTON premium SUVs completed what the company said was the largest single-model four-wheeler convoy to reach Leh. The achievement coincides with the automaker's celebration of 75 years of its global SUV heritage. The five-day expedition covered more than 700 kilometres, beginning in Chandigarh and passing through Manali and Zangla via Shinku La before culminating in Leh. During the journey, the convoy climbed from 1,053 feet in Chandigarh to Shinku La Pass at 16,703 feet before descending to…

Renault Group has clarified that its manufacturing facility in Chennai has been fully owned by the company since September 2025, urging stakeholders and the media to refer to the plant accurately in future communications. The company said the facility, which manufactures vehicles for both Renault and Nissan, continues to be occasionally described as the "Nissan plant" or "Nissan factory". However, Renault stated that such references are no longer factually correct as the Chennai manufacturing facility is now a Renault-owned plant. According to the company, the facility produces vehicles for both Renault and Nissan for the domestic market as well as…

Tata Salt has said it continues to strengthen its position in India's iodized salt market after a laboratory test found it to have the highest purity among 100 salt samples tested, while also meeting mandated iodine standards. The company said the findings reinforce its position as a trusted choice for households seeking both purity and nutritional quality. According to Tata Salt, the laboratory validation highlights the brand's continued focus on maintaining stringent quality standards and ensuring adequate iodine levels in every pack. The company said its products undergo rigorous testing against internal quality benchmarks as well as regulatory requirements to…

Tilaknagar Industries Limited (TI) has announced that Imperial Blue Packaged Drinking Water will be the title sponsor of the inaugural Assam Premier League (APL), with the tournament set to be officially known as the Imperial Blue Packaged Drinking Water Assam Premier League. The franchise-based T20 tournament will be held from August 1 to August 23, 2026, at the ACA Stadium in Guwahati. Organised by the Assam Cricket Association (ACA), the league will feature eight franchises, 43 matches, and showcase cricketing talent from across Assam. With two matches scheduled daily, the tournament aims to provide emerging players with a competitive platform…

TVS Motor Company on Monday reported its highest-ever monthly sales, registering 6,29,675 units in July 2026, marking a 38 per cent increase over 4,56,350 units sold during the corresponding month last year. The company also achieved record monthly sales across its international business, electric two-wheelers and three-wheeler segments. According to the company, total two-wheeler sales rose 38 per cent to 6,03,138 units in July 2026 from 4,38,790 units in July 2025. Domestic two-wheeler sales recorded a stronger 42 per cent growth, increasing to 4,37,394 units compared to 3,08,720 units in the same period last year. The electric vehicle segment witnessed…

Hyatt India & Southwest Asia has launched its new food and beverage campaign, "Made With Love. Served With Rewards.", offering World of Hyatt members double reward points on eligible dining spend at participating Hyatt restaurants and bars across India and Southwest Asia from August 1 to September 30, 2026. The campaign comes amid growing demand for regular restaurant dining. Citing a 2025 Rakuten Insight survey, Hyatt said 54% of respondents across the region dine out several times a week or more, reflecting a shift towards making restaurant visits part of everyday life rather than limiting them to special occasions. Under…

Nissan Motor India Pvt. Ltd. (NMIPL) has reported a sharp turnaround in its domestic business, posting a 218% year-on-year increase and a 50% month-on-month rise in domestic wholesale volumes for July 2026, aided by the launch of the all-new Nissan TEKTON SUV and an expanding product portfolio. The company said it recorded domestic wholesales of 4,518 units, export wholesales of 4,821 units and total wholesales of 9,339 units during the month. Customer deliveries of the all-new Nissan TEKTON began across India on July 20, following its global premiere on July 9, strengthening Nissan’s SUV lineup alongside the Magnite and Gravite.…

Aadhar Housing Finance Ltd reported a 19% year-on-year increase in profit after tax (PAT) to ₹282 crore for the first quarter of FY27, driven by strong growth in assets under management (AUM), steady disbursements and stable asset quality. The company's AUM rose 18% to ₹31,364 crore as of June 30, 2026, compared with ₹26,524 crore a year earlier, while its net worth increased 19% to ₹7,853 crore. The affordable housing financier said it serviced more than 3.40 lakh loan accounts during the quarter. Gross non-performing assets remained stable at 1.31% of AUM, reflecting resilient portfolio quality. Return on assets stood…

Tata Motors Ltd. reported a 37 per cent year-on-year increase in its total commercial vehicle sales for July 2026, driven by strong domestic demand and a sharp surge in international business. The company sold 39,641 commercial vehicle units across domestic and overseas markets during the month, compared with 28,956 units in July 2025. In the domestic market, Tata Motors recorded sales of 33,876 units, up 28 per cent from 26,432 units a year earlier. International business emerged as the strongest growth driver, with sales soaring 128 per cent to 5,765 units from 2,524 units in the corresponding month last year.…

ICICI Prudential Life Insurance reported a 27.8% year-on-year increase in Profit After Tax (PAT) to ₹386 crore for the quarter ended June 6, while its retail protection (term plan) business registered a robust 60.4% growth during the first quarter 202of FY2027. The company also announced that its board has approved a proposal to rename the insurer as ICICI Life Insurance Limited, subject to regulatory approvals. The insurer said it paid total customer benefits of ₹4,666 crore during the quarter, including ₹1,306 crore towards death claims and ₹3,360 crore as maturity and survival benefits. It also maintained an industry-leading claim settlement…