Business Bureau

Axis Max Life Insurance Company Ltd. has crossed ₹2 lakh crore in Assets Under Management (AUM) as of June 30, 2026, marking a major milestone for the life insurer. The company said its AUM grew by over 8 per cent year-on-year, driven by a disciplined investment strategy, customer-focused offerings and sustained business growth.According to the company, the milestone reflects its emphasis on prudent risk management, diversified distribution channels, product innovation and a technology-driven operating model. Axis Max Life's investment portfolio spans government securities, corporate bonds, equities, commercial real estate, Alternate Investment Funds (AIFs), Infrastructure Investment Trusts (InvITs) and Real Estate…

Tata Motors began FY27 on a strong note, reporting a 27 per cent year-on-year increase in commercial vehicle sales to 1,08,488 units across domestic and international markets during the April-June quarter, supported by robust demand from infrastructure, mining, logistics and e-commerce sectors. The company said total commercial vehicle sales in June rose 35 per cent to 40,805 units from 30,238 units a year earlier. Domestic commercial vehicle sales increased 31 per cent to 36,599 units, while international business surged 83 per cent to 4,206 units during the month. For the quarter, domestic sales climbed 26 per cent to 1,00,348 units,…

Nissan Motor India Pvt. Ltd. (NMIPL) reported a 129 per cent year-on-year rise in domestic wholesales to 3,006 units in June 2026, marking its fourth consecutive month of domestic sales growth. The company also recorded exports of 5,340 units during the month, taking total wholesales to 8,346 units, up 16 per cent from the corresponding period last year. The company attributed the sustained growth to rising customer demand for its product portfolio, particularly the New Nissan Magnite and the recently launched all-new Nissan GRAVITE. Nissan said the continued domestic momentum reflects improving customer confidence and strengthening market presence across the…

India is making steady progress in adopting artificial intelligence (AI) and strengthening workforce data capabilities, but organisations continue to face challenges in translating these investments into improved workforce outcomes, according to the inaugural Human Capital Trends Study released by Aon plc. The study found that 43 per cent of organisations in India have already deployed AI, while another 20 per cent are piloting AI programmes, signalling growing adoption across industries. However, India trails the broader Asia-Pacific (APAC) region, where 74 per cent of organisations have either deployed or are testing AI initiatives. Despite this, India stands out for its ability…

As southwest monsoon takes hold on India’s coastline, with heavy rainfall, high humidity and salt-laden winds, infrastructure experts are calling for a rethink in the way public assets are designed and protected in coastal areas.According to Dr. Rahul Sharma, Director, International Zinc Association (India), India’s coastal infrastructure is under far more dire environmental pressures than inland ones and much of it is still being maintained in a more uniform fashion. “Every monsoon reminds us that infrastructure must be designed not only for the loads it carries, but also for the environment in which it operates,” he said.The coastline of India’s…

Women experiencing persistent irregular or missed menstrual cycles before the age of 40 should seek timely medical evaluation, as these changes could indicate Premature Ovarian Insufficiency (POI), a condition that affects ovarian function much earlier than natural menopause, according to fertility specialist Dr. Kalpana Jain of Birla Fertility & IVF, Guwahati. Dr. Jain said irregular periods in women in their 20s or 30s are often attributed to stress, weight fluctuations, thyroid disorders or hormonal imbalances. However, when menstrual cycles become infrequent, remain irregular or stop for several months, they may point to POI. Unlike natural menopause, ovarian function does not…

The Ministry of Skill Development and Entrepreneurship (MSDE) has extended the registration deadline for its flagship national innovation platform, Navachar Mantra, to July 15, 2026, in response to overwhelming interest from innovators and aspiring entrepreneurs across the country. The move is expected to widen participation and help more innovators transform promising ideas into scalable business ventures. Thousands of registrations have already been received through the official portal, with the extended window likely to attract an even larger pool of applicants and innovative proposals from across India. Implemented by the National Institute for Entrepreneurship and Small Business Development (NIESBUD) under the…

London-based consumer technology brand Nothing on Tuesday unveiled the Phone (4b), the first smartphone in its new (b) series, expanding its product portfolio with a device aimed at offering premium features at a more accessible price point. The smartphone comes with Qualcomm's Snapdragon 6 Gen 4 processor, a 6.77-inch 120Hz Super AMOLED display, a 50MP OIS main camera, a 6,000mAh battery and Nothing OS 4.1 based on Android 16. The Phone (4b) retains Nothing's signature transparent design language and refined Glyph Bar featuring 45 individually controlled mini-LEDs for notifications and alerts. The company said the handset also introduces its complete…

The Centre has approved the nationwide rollout of the PradhanMantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU), marking a major expansion of the flagship skill development programme with Strategic Investment Plans (SIPs) worth ₹1,237.58 crore across Odisha, Gujarat and Telangana. The decision was taken at the 4th National Steering Committee meeting chaired by Debashree Mukherjee, Secretary, Ministry of Skill Development and Entrepreneurship, in New Delhi on Monday. The committee approved the transition of PM-SETU from its pilot phase to implementation across all 200 identified Industrial Training Institute (ITI) clusters in the country. It also cleared measures to simplify implementation,…

Renault India has launched the refreshed Renault Kwid with a redesigned look, a simplified variant lineup and revised pricing aimed at making first-car ownership more accessible for Indian buyers. The updated hatchback now carries Renault’s new brand identity and is available in just two variants—Evolution and Climber—offering customers a simpler purchase decision. The New Kwid is priced between ₹4.52 lakh and ₹5.60 lakh (ex-showroom) under Renault’s new "All India One Price" strategy. The company has also introduced a digital sales initiative, offering a ₹15,000 cash benefit on online purchases of the fully loaded Climber variant, bringing its effective transactional price…