Business Bureau

Nissan Motor India Pvt. Ltd. (NMIPL) reported total wholesales of 10,025 units in September 2026, comprising 3,300 units in the domestic market and 6,725 units in exports, as the automaker stepped up momentum ahead of the festive season. Domestic wholesales doubled year-on-year to 3,300 units from 1,652 units in September 2025. Nissan attributed the growth to rising demand across its expanding SUV portfolio, including the all-new Nissan Tekton, Magnite and Gravite, along with the continued expansion of its dealer network. Managing Director SaurabhVatsa said the near-doubling of domestic volumes validates Nissan’s product-led strategy, network strength and the contribution of finance…

Kotak Mahindra Bank on Thursday said the Reserve Bank of India (RBI) has approved the appointment of Anup Kumar Saha as the bank’s Managing Director and Chief Executive Officer (MD & CEO) for a three-year term beginning January 1, 2027. The bank’s Board of Directors will initiate the required steps to formalise the appointment and seek members’ approval. Saha is currently Whole-time Director (Executive Director) at Kotak Mahindra Bank. He joined the bank in January 2026 and has overseen the Retail Bank, Data Analytics and Marketing functions since March. Kotak Mahindra Bank Chairman C. S. Rajan said Saha brings extensive…

V-Guard Industries Ltd has appointed Mithun K. Chittilappilly as Chairperson and Managing Director, effective September 27, 2026, following the completion of RadhaUnni’s second and final term as Chairperson and Independent Director. Chittilappilly, who joined V-Guard as Executive Director in 2006 and became Managing Director in 2012, has played a key role in transforming the company from a South Indian electrical brand into a diversified pan-India consumer durables major. During his tenure, the company’s turnover rose from around Rs 229 crore in 2006 to Rs 5,966 crore in FY2026, a nearly 24-fold increase. V-Guard’s workforce has expanded from around 575 employees…

Optimist, India’s super energy-efficient air conditioning brand, has expanded its presence in Kolkata with its smart AC range, targeting consumers seeking efficient cooling, lower electricity consumption and technology-led features. The company launched its first air conditioner range in June across Bengaluru, the National Capital Region and Hyderabad. It is now expanding into other major markets, including Chennai, Mumbai, Ahmedabad and Pune. Optimist ACs are available through Amazon and its official website, alongside growing brand stores across key cities. Ashish Goel, Co-Founder and CEO, Optimist, said Kolkata’s long, hot and humid summers create significant cooling demands and that the company aims…

Tata Motors Limited, formerly TML Commercial Vehicles Limited, reported a 42.7% year-on-year increase in domestic and international commercial vehicle sales at 1,35,114 units in Q2 FY27, compared with 94,681 units in the corresponding quarter last year. Domestic commercial vehicle sales rose 30.9% to 1,13,982 units from 87,061 units, while international business surged 177.3% to 21,132 units from 7,620 units. In September alone, total commercial vehicle sales stood at 51,062 units, up 42.4% from 35,862 units a year earlier. HCV truck sales increased 40.3% to 33,756 units in Q2, while ILMCV volumes rose 24.4% to 20,949 units. Passenger carriers grew 35.2%…

OPPO India on Wednesday launched the OPPO K14 Plus, its latest K Series smartphone, with a focus on performance, durability, imaging and battery endurance. The device is powered by the Media Tek Dimensity 7360 MAX chipset and features a 17.22cm 1.5K 144Hz AMOLED Ultra Bright Display, 8000mAh battery, 50MP OIS main camera with 4K video recording and a 5000mm² VC cooling system. The smartphone is priced at Rs 29,999 for the 6GB+128GB variant, Rs 32,999 for 8GB+128GB and Rs 35,999 for 8GB+256GB. It will go on sale from October 8 through Flipkart and the OPPO India e-store. During the Flipkart…

The Telecom Regulatory Authority of India (TRAI) has assessed mobile network quality across parts of Sonitpur district under the Assam Licensed Service Area (LSA), recording significant variations in coverage, call performance and data speeds among telecom service providers. The Independent Drive Test (IDT), conducted from August 10 to 13, 2026, covered 308 km of city routes, 10 hotspot locations and 1.6 km of walk tests. The exercise, conducted under the supervision of TRAI’s Regional Office, Kolkata, assessed voice and data services across 2G, 3G, 4G and 5G networks. According to the findings, Reliance JioInfocomm (RJIL) recorded the highest average download…

ICICI Prudential Life Insurance paid an average individual death claim of Rs 15 lakh to families in FY2026, retaining its position with the highest average claim value for the second consecutive year among life insurers receiving more than 10,000 individual death claims annually, according to publicly available industry disclosures. For consumers, the figures underline the importance of periodically checking whether existing life insurance cover remains adequate as income, loans, family responsibilities and financial goals change. ICICI Prudential Life’s average individual death claim increased from around Rs 10 lakh in FY2021 to Rs 15 lakh in FY2026 and remained around Rs…

India’s campus hiring market remains resilient, with employers increasingly prioritising specialised skills, critical roles and job readiness, according to Aon’s 15th annual Campus Study Report 2026-27. The study found that 56% of organisations plan to increase hiring of Chartered Accountancy and Company Secretary graduates, while 51% expect to hire more interns. About 40% intend to recruit more diploma holders and 36% foresee higher hiring of engineers. However, median intake sizes across several graduate cohorts have remained largely unchanged. Projected campus pay is expected to rise 2% to 7% year-on-year across major streams. Median total cost to company (TCC) for the…

Private assets could gradually account for up to 30% of an investor’s overall equity allocation as India’s private markets mature, Multiples Alternate Asset Management Founder, Managing Director and CEO Renuka Ramnath said at Kotak Private Banking’s Take and Counter Take (TACT). Speaking on whether wealth creation is shifting from public to private markets, Ramnath said private and public markets should coexist in portfolios, with allocations determined by an investor’s risk appetite, return expectations and liquidity requirements. She suggested that an equity portfolio currently fully invested in public markets could potentially evolve towards a 70:30 public-private allocation. Ramnath said private equity…