Business Bureau

The western Himalaya is warming faster than the central and eastern stretches of the mountain range and is projected to suffer the greatest snow loss by the end of the century, according to a new study published in the Journal of Earth System Science. The study, titled “Vulnerability of the Himalayan region under the climate change”, analysed 120 years of temperature observations from 1901 to 2020 and projections from eight global climate models under five emission scenarios. Researchers from Birla Institute of Technology (BIT), Mesra, the Indian Institute of Tropical Meteorology (IITM), Pune, and Ashoka University found that the western…

Asian Energy Services Limited reported a strong start to FY27, with consolidated net profit for the first quarter rising 129% year-on-year to Rs 12.8 crore, while revenue surged 135% to Rs 271.2 crore. EBITDA increased 81% year-on-year to Rs 21.9 crore, supported by strong execution, operating discipline and continued momentum across the company’s domestic and international operations. The company said its FY27 guidance for both Asian Energy Services and Kuiper remains unchanged. As of June 30, 2026, Asian Energy’s standalone order book stood at Rs 1,754 crore, with around 60% coming from oil and gas services and 40% from mineral…

Axis Max Life Insurance Ltd reported a strong first-quarter performance for FY27, with Individual Adjusted First Year Premium rising 17% year-on-year to ₹1,810 crore and private market share improving 13 basis points to 10.1%. Total APE grew 15% to ₹1,922 crore, while Value of New Business (VNB) jumped 33% to ₹446 crore. New Business Margin expanded 315 basis points to 23.2%. Renewal premium increased 20% to ₹4,639 crore, taking Gross Written Premium up 19% to ₹7,607 crore. Individual new business sum assured grew 32%, while policies rose 12% to 1.87 lakh. AUM crossed ₹2 lakh crore at ₹2,02,621crore, up 11%,…

RCM Consumer Products Private Limited has concluded its Special Women’s Academy 2026 at RCM World, Bhilwara, reinforcing its focus on women’s empowerment, leadership, confidence, health and self-reliance. Held on August 15-16 under the theme “Har Naari Samman Ki Adhikari”, the two-day programme brought together women associate buyers and leaders from across the country. Organised to mark Independence Day, the event began with a march-past and flag hoisting, followed by performances by school-going girls and cultural presentations showcasing India’s diversity. A felicitation ceremony on the first day recognised women achievers. RCM Founder T.C. Chhabra and Managing Director Priyancka Agarwaal addressed participants,…

Sonarpur-born filmmaker Prasenjit Chakraborty’s independent Hindi film Chindi Pakad has unveiled its trailer and music at an event at PVR in Mumbai, with veteran actors Rakesh Bedi and Makarand Deshpande attending as chief guests. Set around massive dumping grounds, the film explores the lives of ragpickers and the challenges they face, including poverty, addiction, exploitation, family struggles and the fight for dignity. The trailer presents a stark world where garbage heaps become a backdrop for broken relationships, unfulfilled dreams and hopes of a better life. Chakraborty, who has directed and written the film, said the project seeks to tell the…

India is set to expand counter-drone security beyond military installations, with Indrajaal Autonomous Defense Systems and Sigma Advanced Systems announcing around ₹155 crore in government orders for the Indrajaal Ranger™ Anti-Drone Patrol Vehicle. According to the companies, a ₹145-crore order awarded to the Indrajaal-Sigma consortium will deploy the system in the country’s border-security environment, while a separate order worth around ₹10 crore from an urban police force will support VVIP protection and urban security. The Ranger is described as India’s first purpose-built, ARDTC-approved Anti-Drone Patrol Vehicle, designed to detect, track, identify and counter rogue drones while moving at high speeds.…

Motorola has launched the moto g max in India, targeting consumers seeking a combination of premium design, camera capabilities, performance and long battery life. The smartphone is priced at ₹27,999 for the 6GB RAM + 128GB storage variant, with a ₹1,000 instant bank discount bringing the net effective price to ₹26,999. The moto g max features a Luxury Satin-inspired finish in PANTONE Stargazer, PANTONE Alaskan Blue and PANTONE Malaga. It sports a 6.72-inch Full HD+ display with a 120Hz refresh rate and up to 1,050 nits brightness. The device is powered by the Snapdragon® 6s Gen 4 processor, paired with…

The proposed third-party insurance framework for India’s commercial space sector could strengthen the country’s risk-management architecture as private participation and mission complexity continue to grow, industry experts said. Sushant Sarin, Managing Director and Head, Commercial Risk Solutions, India, Aon, said insurance would be critical to giving space operators and investors greater confidence to scale. He said clearer provisions on liability arising from space activities could help reduce potential government exposure to unexpected events while allowing private space companies to identify and manage risks at an early stage. According to Sarin, greater clarity on liability and insurance requirements could also facilitate…

HDFC Life has established an expedited claim settlement framework for families affected by the recent floods in Assam, allowing nominees and legal heirs of policyholders to initiate life insurance claims by submitting proof of death issued by the local government, police or hospitals. The insurer said the initiative is aimed at ensuring priority processing and faster payouts to families facing financial difficulties following the flood situation. HDFC Life has provided a dedicated claim helpline at 022-68446529, while its call centre can be reached at 022-68446530. Claimants can also contact the company through WhatsApp at +91 8291890569 or email [service@hdfclife.com]. Ruma…

Mahindra Truck and Bus, part of the Mahindra Group, has launched the BLAZO i-TRK, a new-generation heavy commercial vehicle positioned as a “Profit Ka Rocket” for transporters and fleet owners. The company said the truck combines fuel efficiency, performance, connected technologies and service assurances to help customers earn more, run more and control more. The BLAZO i-TRK offers up to 10% better fuel efficiency and has the potential to generate up to ₹15 lakh additional profit per truck over five years, according to Mahindra. It features the 7.2-litre, 320 HP mPOWER engine producing 1,100 Nm torque, along with TurboMAXX, OptiFuel…