Business Bureau

Axis Max Life Insurance Ltd. has launched Smart Retirement Income with Sustained Earnings Plan (Smart RISE), a new retirement solution that combines a guaranteed annuity with a NIFTY 50-linked variable annuity, offering customers a mix of stable post-retirement income and potential market-linked returns. The product allows policyholders to choose a deferment period during which their retirement corpus can accumulate before regular annuity payouts begin. After the deferment phase, policyholders receive a fixed guaranteed annuity throughout the policy term alongside a variable annuity linked to the performance of the NIFTY 50 Index. The plan also includes a legacy-planning feature under which…

Turkish Airlines has joined the SAFFA Fund I, LP, an investment fund dedicated to accelerating the production of sustainable aviation fuel (SAF), marking a significant step in the airline's long-term sustainability and supply chain strategy. The agreement will enable the airline to support the expansion of SAF production while strengthening its access to sustainable fuel supplies as the global aviation industry intensifies efforts to reduce carbon emissions. Established in December 2023 and managed by Burnham Sterling Asset Management LLC (BSAM), the SAFFA Fund invests in technologically mature SAF projects across multiple production technologies and geographic regions. Airbus serves as the…

Turkish Airlines has signed an agreement with Turkish defence and technology company HAVELSAN for the supply of 12 new flight simulators as the airline accelerates preparations for its long-term fleet expansion and pilot training requirements. The order comprises eight Full Flight Simulators (FFS) and four Flight Training Devices (FTD), supporting the airline's goal of expanding its fleet to more than 800 aircraft by 2033. The simulators, designed and manufactured entirely in Türkiye, will be installed at Turkish Airlines' expanding training infrastructure, including new simulator hangars currently under development and a Flight Training Center scheduled for completion in 2028. The airline…

Rescue operations at the Teesta Stage VI Hydroelectric Project in Sikkim concluded after the bodies of all 25 personnel trapped inside the tunnel were recovered, Patel Engineering Limited said on Thursday. The company expressed deep condolences over the loss of lives and announced an ex-gratia assistance of ₹5 lakh for the next of kin of each deceased worker. The rescue operation was conducted through a coordinated effort involving the Sikkim District Administration, Sikkim Police, the Sikkim government hospitals and paramedical staff, the National Disaster Response Force (NDRF), the State Disaster Response Force (SDRF), state authorities, Eastern Coalfields Limited, Western Coalfields…

SunfeastYiPPee! celebratedOdisha's rich culinary heritage during the RathYatra with the launch of 'BaroMasa, YiPPee! Parba', a cultural and culinary initiative inspired by the state's traditional philosophy of 'BaroMasa, TeroParba' (12 months, 13 festivals). The campaign showcased 13 innovative noodle-based interpretations of iconic Odia festive dishes, offering visitors a contemporary take on regional flavours. Set up at Puri Beach, the themed pavilion featured 12 month-inspired windows representing the Odia calendar, each highlighting a unique noodle recipe inspired by traditional festive cuisine. Popular dishes such as Potala Posta, Dahi Bara Aloo Dum, Chaula Bara and Muga Dali Khichdi were reimagined using YiPPee!…

Tata Consumer Products Ltd. (TCPL) reported a strong performance for the quarter ended June 30, 2026, with consolidated revenue from operations rising 12 per cent year-on-year to Rs 5,349 crore, driven by robust volume growth across its India branded business and continued momentum in its growth categories. Consolidated EBITDA increased 19 per cent to Rs 730 crore, while net profit climbed 29 per cent to Rs 427 crore during the quarter. The company's India branded business posted an underlying volume growth of 13 per cent, led by a 47 per cent surge in its growth businesses, which now account for…

Coca-Cola India, in collaboration with the Department of Posts, on Thursday released a commemorative Special Cover to mark the 50th anniversary of Maaza, celebrating the beverage brand’s five-decade association with Indian mangoes. The release coincided with National Mango Day, during which mango farmers associated with Project Unnati by Anandana – The Coca-Cola India Foundation were also felicitated for their contribution to preserving India’s mango heritage. The Special Cover was unveiled by Union Minister for Food Processing Industries and Department of Posts, ChiragPaswan, in the presence of senior officials from the Department of Posts, Coca-Cola India, bottling partners, mango supplier Foods…

Allied Blenders and Distillers Ltd (ABD) reported steady financial performance for the first quarter of FY27, with growth in revenue and profitability on a standalone basis, supported by continued premiumisation, higher sales of premium brands and strategic investments in its luxury portfolio. The company reported standalone income from operations of ₹975 crore for Q1FY27, up 5.3 per cent from ₹926 crore a year earlier. Standalone EBITDA rose 14.4 per cent to ₹140 crore, while profit after tax (PAT) increased 11.9 per cent to ₹68 crore. On a consolidated basis, income from operations grew 5.8 per cent to ₹984 crore, while…

Axis Trustee Services Limited (ATSL), a wholly owned subsidiary of Axis Bank, has expanded its presence in Gujarat International Finance Tec-City (GIFT City) with the inauguration of a new office aimed at strengthening its role in India's growing international financial services ecosystem. The new office was inaugurated in the presence of PradeepRamakrishnan, Executive Director of the International Financial Services Centres Authority (IFSCA), BipinSaraf, Chairman of Axis Trustee Services Limited, and Rahul Choudhary, Managing Director and Chief Executive Officer of ATSL. The company said the expansion will enhance its ability to support financial institutions, issuers, fund managers and investors operating in…

Netflix on Monday unveiled the trailer of Operation SafedSagar, a military drama inspired by the Indian Air Force's role during the 1999 Kargil War, with the series scheduled to premiere on August 7. Based on real events, the show highlights the untold story of the Golden Arrows Squadron, whose high-altitude mission during Operation SafedSagar became a defining chapter in India's military history. Directed by Oni Sen and created by Abhijeet Singh Parmar and KushalSrivastava, the series is produced by Matchbox Shots LLP and Feel Good Films. The cast includes Siddharth, Jimmy Shergill, AbhayVerma, DiaMirza, PrajaktaKoli, AdilHussain, MihirAhuja, TaarukRaina, ArnavBhasin and…