Business Bureau

Bandhan Mutual Fund has announced the launch of the Bandhan Contra Fund, an open-ended equity scheme that follows a contrarian investment strategy aimed at identifying fundamentally strong companies that are temporarily out of favour due to market sentiment, sectoral challenges or macroeconomic uncertainties. The New Fund Offer (NFO) will open on August 10 and close on August 24, with investments available through mutual fund distributors, online platforms and the fund house's direct platform. The fund seeks to capitalise on businesses that have the potential for valuation re-rating as earnings improve and investor perception changes over time. According to the asset…

Xiaomi India on Tuesday launched the REDMI Note 17 5G, featuring the brand’s biggest-ever 8,000mAh silicon-carbon battery, a 120Hz TrueColour AMOLED display and Snapdragon 4 Gen 4 processor. The company said the smartphone is designed to deliver up to three days of typical usage while retaining a slim 8.4mm profile. The device supports 45W turbo charging, with the charger included in the box, along with 22.5W reverse wired charging. Its battery is rated to retain up to 80% health after 1,600 charging cycles. The 6.9-inch AMOLED display offers 100% DCI-P3 colour gamut, up to 1,800 nits peak brightness and a…

JSW MG Motor India has announced a limited-period Anniversary Programme to mark seven years of the MG Hector in India, offering customers benefits of up to Rs 60,000 on eligible bookings made during August 2026. The programme includes exchange benefits, loyalty rewards, corporate benefits and anniversary discounts across the MG Hector range. The All-New MG Hector, launched earlier this year with refreshed styling, upgraded technology and enhanced comfort features, starts at Rs 11.99 lakh (ex-showroom). Customers can also avail 100% on-road price funding for tenures of up to 84 months, along with 100% funding support on accessories. VinayRaina, Chief Commercial…

State Bank of India (SBI) on Friday reported its highest-ever quarterly net profit of ₹21,121 crore for the April-June quarter of FY27, registering a 10.23 per cent year-on-year growth, driven by higher operating profit, strong credit growth and lower credit costs. The country's largest lender also posted a 9.77 per cent rise in operating profit to ₹33,529 crore, while net interest income (NII) grew 14.88 per cent to ₹46,992 crore. The bank's total business crossed the ₹110 lakh crore milestone during the quarter, with deposits exceeding ₹60 lakh crore and advances crossing ₹50 lakh crore. Whole bank advances grew 18.63…

Turkish Airlines carried 9.5 million passengers in July 2026, recording a total load factor of 86.5%, as the airline continued to see growth in passenger and cargo traffic. According to the airline’s July traffic results, international load factor stood at 86.2%, while domestic load factor was 89.1%. Available seat kilometres (ASK) rose 2.7% year-on-year to 25.7 billion during the month, compared with 25 billion in July 2025. Cargo and mail volumes also increased 4.9% to 203.1 thousand tonnes. For the January-July 2026 period, Turkish Airlines carried 54 million passengers, up 5.4% from the corresponding period last year. Total load factor…

Kotak Mahindra Bank on Monday launched a Hybrid Home Loan that allows eligible borrowers to lock their home loan interest rate and EMI for 39, 52 or 65 months, offering protection against Repo Rate-linked increases during the selected fixed-rate period. The product is designed to give homebuyers greater visibility over household finances during the initial years of home ownership, when families may also be managing expenses related to interiors, education, savings and other commitments. After the fixed period, the loan will automatically shift to a floating-rate structure linked to the Repo Rate plus a predefined spread disclosed at the time…

Tally Solutions has honoured 12 tax and accounting professionals from Guwahati for their contribution to accelerating technology adoption and improving accounting and compliance practices among micro, small and medium enterprises (MSMEs). The professionals were recognised at Tally’s ‘Tax and Accounting Titans’ event across three categories — Accounting Maestro, Emerging Star and Tech Innovator. The Accounting Maestro category recognised professionals with more than 15 years of experience serving MSMEs, while Emerging Star honoured GST practitioners with less than five years of practice. The Tech Innovator category recognised professionals using modern technology to improve service delivery and business efficiency. The awardees were…

Swedish beauty and wellbeing company Oriflame has released a new whitepaper titled *Beyond Anti-ageing: How Longevity Science Is Changing Beauty*, highlighting how advances in longevity science are reshaping the skincare industry by moving the focus from reducing visible signs of ageing to supporting lifelong skin health and wellbeing. The publication comes as the United Nations projects that the global population aged 80 years and above will triple by 2050, while many children born today are expected to live into their 90s. Against this backdrop, the whitepaper argues that the beauty industry must increasingly prioritise healthspan alongside lifespan through science-backed and…

Audio technology brand Sennheiser has announced discounts of up to 60 per cent across a range of premium audio products as part of the Amazon Great Freedom Sale 2026, which begins on August 7. The company said customers will also be able to avail No Cost EMI for up to 24 months along with select bank offers during the sale. Among the featured products is the IE 100 PRO in-ear monitor, priced at Rs 6,799 with additional bank discounts. The MOMENTUM 4 wireless headphones will be available at an offer price of Rs 18,990 against an MRP of Rs 34,990,…

SRM University Sikkim has opened admissions for its 2026 batch of online undergraduate and postgraduate degree programmes, offering Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Master of Business Administration (MBA) and Master of Computer Applications (MCA) courses through its Centre for Distance and Online Education (CDOE). The university said the programmes are approved by the University Grants Commission's Distance Education Bureau (UGC-DEB) and backed by a NAAC A+ accreditation, making them equivalent to traditional on-campus degrees. Graduates will also receive lifetime access to the SRM University Sikkim alumni network. The online courses feature industry-focused curricula with specialisations…