Business Bureau

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.…

Aadhar Housing Finance Ltd reported a strong financial performance for the fourth quarter and full year ended March 31, 2026, with Profit After Tax (PAT) rising 22% year-on-year to ₹1,108 crore in FY26, compared to ₹912 crore in FY25. The company’s Assets Under Management (AUM) grew 20% YoY to ₹30,571 crore, crossing the ₹30,000 crore milestone. Quarterly performance remained robust, with Q4 FY26 PAT increasing 27% YoY to ₹311 crore, while disbursements surged 20% to ₹3,087 crore — the highest-ever quarterly disbursement recorded by the company. Total loan accounts stood at over 3.36 lakh, reflecting steady expansion. Net worth rose…

Indian professionals are becoming increasingly cautious about online job scams, with 82 per cent now pausing to assess whether a job opportunity is legitimate before applying, according to new research released by LinkedIn. The study, titled “Job Search Safety Pulse,” found that 53 per cent of Indian professionals are now more likely to question whether a job posting is fake compared to a year ago. However, the report highlighted that Gen Z job-seekers remain particularly vulnerable despite growing awareness. According to the findings, 54 per cent of Gen Z respondents admitted ignoring warning signs during high-pressure job searches when opportunities…

Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits company by volume, has been awarded the Best Factory/Management Award for its integrated manufacturing facility at Rangapur in Wanaparthy district, Telangana. The recognition was conferred by the Labour, Employment, Training & Factories Department during International Labour Day celebrations on May 1, 2026, highlighting excellence in manufacturing and management. ABD’s Rangapur facility serves as a key production hub, housing an ENA distillery, an IMFL bottling unit, and a PET bottle manufacturing plant commissioned in September 2025. The integrated infrastructure enables better control over production cycles, cost efficiencies, and supply chain logistics.…

Tata Motors has launched the all-new Ace Gold+ XL, marking 21 years of its iconic small commercial vehicle, the Tata Ace. The launch also coincides with the rollout of the nationwide ‘Ikkis Saal Bemisaal’ campaign, celebrating entrepreneurs who have built livelihoods around the ‘Chota Haathi’. Designed for higher payloads and longer applications, the Ace Gold+ XL features an 8-foot load body and 1-tonne payload capacity, aimed at boosting cargo volume and earnings. Powered by a 700cc turbocharged diesel engine delivering 22 PS power and 55 Nm torque, the vehicle uses Lean NOx Trap (LNT) technology, eliminating the need for Diesel…

Dream Sports has announced the launch of DreamStreet, a new-age broking platform aimed at simplifying investing and expanding demat account penetration across India. The platform integrates AI-driven insights with access to SEBI-registered Research Analysts and Investment Advisors to help users make informed investment decisions. Designed primarily for first-time investors, DreamStreet will initially offer investments in stocks and ETFs, with Futures & Options (F&O) and IPO services expected to be rolled out in the coming weeks. Key features include expert-backed stock insights, AI-enabled data access, and an in-built AI assistant “Veda” to provide analysis and guidance. Rahul Mirchandani, Co-Founder and CEO…

The Bhamla Foundation has announced the launch of a large-scale tree plantation drive for World Environment Day 2026 under its #NowForClimate campaign, in collaboration with Brihanmumbai Municipal Corporation, the Ministry of Environment, Forest and Climate Change, United Nations Environment Programme and Godrej Industries Group. Godrej L’Affaire will serve as the digital amplification partner. The initiative aims to expand Mumbai’s green cover while encouraging citizens, youth and communities to take part in climate-positive actions through plantation drives across key locations in the city. The flag-off event will be attended by public figures including Malaika Arora, Sachiin J Joshi, Sadia Khateeb, Shaan,…

Telecom operator Vodafone Idea (Vi) has announced its entry into the fast-growing microdrama segment through its content platform Vi Movies & TV, offering content from Bullet Microdrama App free of cost. The move targets rising demand for mobile-first, short-format serialised content among India’s smartphone users. Microdramas, which are gaining traction rapidly, saw India account for 11% of global downloads in Q1 2025, touching 35 million installs. Industry estimates project the market to grow to $1.5 billion by 2026 and $4.5 billion by 2030, driven by increasing consumption in Tier II and III markets and younger audiences. Daily watch time ranges…

Nissan Motor India Private Limited on Monday launched a government-approved CNG retrofitment kit for the all-new Nissan GRAVITE, introducing a segment-first twin-cylinder setup aimed at enhancing fuel efficiency without compromising space. Priced at an introductory ₹82,999, the kit will be available across 60 cities in 16 states through authorised dealers. The GRAVITE CNG features two 25-litre cylinders, enabling full 7-seater functionality while retaining boot space and comfort. Developed and quality assured by Motozen, the kit comes with a third-party warranty of three years or 1,00,000 km. Nissan said the solution offers lower running costs and supports environmentally conscious mobility. Senior…

Pune Gas has launched its ninth Experience Centre in Gangtok, marking a key step in its expansion into Northeast India under the Centre’s ‘Act East’ policy. The facility was inaugurated in the presence of Chairman and Managing Director Jaisinh Sampat and Executive Director and CEO Jesal Sampat, along with franchise partners Sanjay Jain, Prince Jain and Karan Jain. The event was attended by guests of honour including Sundeep Malu, Sara Lama and Amar Agarwal. The centre will showcase advanced solutions such as LPGenius, a smart LPG system ensuring full fuel utilisation, and FuelFusion, a dual-fuel technology aimed at reducing diesel…