Business Bureau

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CFA Institute hosts first finance industry roundtable in Guwahati to boost academia-industry linkages

CFA Institute hosts first finance industry roundtable in Guwahati to boost academia-industry linkages

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…
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Hyatt rolls out Asia Pacific hotel offer with discounts up to 25%

Hyatt rolls out Asia Pacific hotel offer with discounts up to 25%

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…
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Bandhan Mutual Fund launches ‘Lalla Don’t Buy’ campaign ahead of Mother’s Day

Bandhan Mutual Fund launches ‘Lalla Don’t Buy’ campaign ahead of Mother’s Day

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,…
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Paytm turns profitable in FY26, posts Rs 552 crore annual net profit

Paytm turns profitable in FY26, posts Rs 552 crore annual net profit

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…
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WhatsApp launches AI-powered customer support for small businesses in India

WhatsApp launches AI-powered customer support for small businesses in India

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…
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Bhutan, World Bank sign $515 million deal for mega Dorjilung hydropower project

Bhutan, World Bank sign $515 million deal for mega Dorjilung hydropower project

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…
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Godrej Enterprises expands aero engine manufacturing push, bets big on aerospace growth

Godrej Enterprises expands aero engine manufacturing push, bets big on aerospace growth

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,…
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TVS Motor launches new iQube S 4.7 kWh variant with 175 km range

TVS Motor launches new iQube S 4.7 kWh variant with 175 km range

TVS Motor Company has expanded its electric scooter lineup with the launch of the new TVS iQube S 4.7 kWh variant, aimed at strengthening its presence in India’s growing electric mobility market. Priced at ₹1,37,142 (effective ex-showroom Delhi, including central and state subsidies), the new scooter offers an IDC-certified riding range of 175 km on a single charge. The company said the upgraded 4.7 kWh battery has been designed to support both daily commuting and longer rides with improved convenience and confidence for riders. The latest addition to the iQube portfolio comes with three colour options — Magnificence Purple Beige,…
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Nissan launches nationwide AC check-up camp ahead of summer rush

Nissan launches nationwide AC check-up camp ahead of summer rush

Nissan Motor India has launched a nationwide AC Check-up Camp across its authorised service network to help customers prepare their vehicles for the peak summer season. The campaign, which began on May 6, will continue until June 15, 2026, covering 125 authorised service touchpoints across India. Under the initiative, Nissan’s trained service professionals will carry out a 12-point AC inspection aimed at ensuring optimum performance of vehicle air-conditioning systems during the summer months. Customers visiting the service centres will also receive complimentary top wash facilities and pick-up and drop-off services. The company said customers can additionally avail up to 10…
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Life insurance market expands sharply in FY26, new business premium nears Rs 4.6 lakh crore

Life insurance market expands sharply in FY26, new business premium nears Rs 4.6 lakh crore

India’s life insurance market closed FY26 with strong momentum, as total new business premium (NBP) grew 15.7% year-on-year to ₹4,59,713 crore, compared to ₹3,97,337 crore in FY25, signalling sustained expansion across segments. Monthly data indicates continued acceleration, with March 2026 collections at ₹75,872 crore, up from ₹61,439 crore in March 2025. The growth trajectory was primarily led by the group segment, which remained the key driver of overall market expansion. Group Single Premium rose 17.5% to ₹2,49,766 crore, while Group Yearly Renewable Premium recorded a sharp 39% increase. Group Non-Single Premium also posted strong gains, albeit on a lower base.…
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