Business Bureau

Piruz Areez Khambatta, Chairman of Rasna Group has launched his new book Ashoi: The Zoroastrian Art of Success and Immortality and announced an entrepreneurial fund aimed at supporting next-generation enterprises and leadership development. The launch event was held at The Taj Mahal Palace in Mumbai and was attended by Kiren Rijiju, Rajya Sabha MP Milind Deora, former Bombay High Court judge Justice Shahrukh J. Kathawalla, and several members of the Parsi community and business sector. Speaking at the event, Khambatta said the book seeks to bring ancient Zoroastrian wisdom into a modern and practical framework focused on integrity, discipline, ethical…

Tata Consumer Products has announced strong financial results for the quarter and year ended March 31, 2026, driven by broad-based volume-led growth across beverages, foods and international businesses. The company reported an 18 per cent year-on-year rise in consolidated revenue from operations to Rs 5,434 crore in the January-March quarter, while annual revenue increased 15 per cent to Rs 20,290 crore, crossing the Rs 20,000 crore milestone for the first time. Consolidated EBITDA rose 27 per cent to Rs 796 crore in Q4, while annual EBITDA stood at Rs 2,815 crore, up 12 per cent. Group net profit increased 22…

Gurugram-based Medanta has raised concern over the growing burden of digestive health issues in Assam and urged people to adopt healthier lifestyles, improve sanitation, and seek timely medical screening to prevent serious gastrointestinal diseases. The hospital group, ranked India’s best hospital by Newsweek in 2026, said the gastrointestinal system plays a key role in immunity and overall wellbeing, with experts often referring to it as the body’s “second brain”. According to the hospital, rising urbanisation and changing food habits have led to increased consumption of ultra-processed foods, refined sugars, and unhealthy fats, contributing to digestive disorders and gut imbalance. Dr.…

CFA Institute recently organised its first Finance Industry Network (FIN) Roundtable in Guwahati, bringing together faculty members from leading universities and educational institutions across the Northeast to strengthen collaboration between academia and the finance industry. The event, held on May 7, marked the 13th Professors’ Roundtable hosted by CFA Institute in India and focused on aligning finance education with the evolving needs of the global investment sector. Discussions centred on the globally recognised CFA Program and its practitioner-driven curriculum, particularly its emphasis on ethics, investment analysis, and practical application in finance education. Faculty members were also introduced to the Investment…

Hyatt Hotels Corporation has announced a special limited-period offer for travellers across the Asia Pacific region, providing discounts of up to 25 per cent on stays at participating properties under its global loyalty programme, World of Hyatt. The offer is available for bookings made till June 1, 2026, while the travel period will remain valid till October 31, 2026. Under the scheme, non-members can avail discounts ranging between 10 per cent and 15 per cent on the Best Available Rate. Guests can also enrol in the World of Hyatt programme free of cost to unlock additional benefits. World of Hyatt…

Bandhan Mutual Fund has launched a new Mother’s Day campaign titled “Lalla Don’t Buy”, blending humour and nostalgia to encourage mindful spending and long-term financial planning among young consumers. The campaign film presents a modern twist on the traditional lullaby, where mothers urge their grown-up children to stop late-night scrolling and impulsive online shopping. The campaign highlights the growing culture of doom-scrolling, flash sales, and algorithm-driven online purchases, while delivering a message on financial discipline and future investments. The film portrays mothers continuing to worry about their children’s habits even after they become financially independent adults. Speaking about the campaign,…

Paytm has reported its first full-year profit in FY26, marking a major milestone for the digital payments and financial services company. The company posted a profit after tax (PAT) of ₹552 crore for the financial year ended March 2026, while annual revenue rose 22 per cent year-on-year to ₹8,437 crore. The company also reported EBITDA of ₹502 crore for FY26, supported by growth in merchant and consumer payments, higher financial services distribution and AI-led cost efficiencies. During the January-March quarter, operating revenue stood at ₹2,264 crore, up 18 per cent year-on-year on a reported basis and 26 per cent on…

WhatsApp has announced the launch of “Business AI” in India, enabling small businesses to use artificial intelligence-powered customer support directly through the WhatsApp Business app. The feature, available in all native Indian languages, aims to help businesses respond to customer queries round the clock, recommend products, capture leads, book appointments and boost sales without requiring additional software or platforms. The new tool allows businesses to automate replies to frequently asked questions related to products, pricing, discounts, delivery and services. WhatsApp said the feature will soon support UPI-based payments directly within chats. Business owners can also take over conversations whenever complex…

The Royal Government of Bhutan and the World Bank today signed financing agreements totaling $515 million for the 1,125 MW Dorjilung Hydroelectric Power Project, which will account for about one-third of the Kingdom’s total energy generation, drive economic growth through access to affordable electricity and clean energy exports, and create new jobs. "The Dorjilung Hydroelectric Power Project is a cornerstone of Bhutan’s 13th Five-Year Plan and will be the Kingdom’s largest hydropower project developed under a public-private partnership. This transformational investment will supply clean energy, spur economic growth, and advance our carbon-negative commitment," said Dasho Tshering Tobgay, Prime Minister of…

Mumbai-based Godrej Enterprises Group is strengthening India’s aero engine and aerospace manufacturing capabilities through advanced precision engineering and fresh investments aimed at boosting indigenous production. The company on Tuesday said it is the only private firm in India with the capability to manufacture all modules of an aero engine, supporting the country’s Atmanirbhar Bharat mission. The aerospace business of the group, established in the 1980s, currently works with major global aerospace companies including Boeing, Safran Aircraft Engines, GE Aerospace, Rolls-Royce and RTX. The company reported nearly 25 per cent year-on-year growth, while exports rose by more than 30 per cent,…