Business Bureau

Indian airlines are facing rising financial strain as aviation turbine fuel (ATF) prices surge, with industry experts warning that fuel volatility is no longer a short-term shock but a structural risk. Sunil Kadam, Executive Vice President, Airlines & General Aviation, Commercial Risk Solutions, India at Aon, said escalating global oil prices, compounded by geopolitical tensions in West Asia and airspace constraints, are significantly impacting airline operations. Kadam noted that ATF remains one of the largest cost exposures for Indian carriers. Higher fuel prices, longer routing due to restricted airspace and increased fuel burn are reducing network efficiency, especially on international…

Sweden’s Mikael Lindberg secured a dramatic victory at the 2026 Turkish Airlines Open, finishing with a total score of 278 (-10) at the National Golf Club in Belek, Antalya. Italy’s Guido Migliozzi and Daniel Rodrigues shared the runner-up position after an intense final round. The trophy was presented by Türkiye’s Minister of Youth and Sports Dr. Osman Aşkın Bak and Turkish Airlines Chief Commercial Officer Harun Baştürk. The ceremony drew prominent dignitaries, including former Foreign Minister Mevlüt Çavuşoğlu, Antalya Governor Hulusi Şahin, Turkish Golf Federation President Yıldırım Demirören, Regnum Hotels owner Fikret Öztürk, and DP World Tour official Mark Casey.…

TVS Motor Company reported a 7 per cent rise in overall sales for April 2026, driven by strong retail demand across domestic and international markets, even as supply chain disruptions affected production and dispatch volumes. The company said it sold 4,73,970 units in April 2026 compared to 4,43,716 units in the same month last year. However, dispatch volumes were impacted due to lower production caused by workforce shortages, raw material constraints, shortages of consumables among tier-1 and tier-2 suppliers, and limited container availability for exports. The Bengaluru-based automaker said corrective measures have been put in place and production is expected…

Nissan Motor India Pvt. Ltd. reported a strong 75 per cent year-on-year growth in domestic sales in April 2026, marking a robust start to the new financial year amid rising demand for its SUV portfolio in India. The company on Friday said it recorded total sales of 5,388 units in April 2026, including 3,203 units in the domestic market and 2,185 units through exports. The automaker said growing customer interest in its expanding product range, especially the all-new Nissan GRAVITE, helped drive the sales momentum. According to the company, the GRAVITE has gained traction among buyers for its seven-seat modular…

Kotak Mahindra Bank on Friday reported a 13 per cent year-on-year rise in standalone net profit for the fourth quarter of FY26 at ₹4,027 crore, driven by steady growth in advances, deposits and fee income. The bank’s profit after tax (PAT) rose from ₹3,552 crore in the corresponding quarter of FY25 and was also up 17 per cent sequentially from ₹3,446 crore in Q3FY26. For the full financial year FY26, standalone PAT stood at ₹14,008 crore. Net Interest Income (NII) for Q4FY26 increased 8 per cent year-on-year to ₹7,876 crore, while operating profit rose 7 per cent to ₹5,855 crore.…

Tata Motors Limited reported a 28 per cent year-on-year growth in commercial vehicle sales in April 2026, driven by strong demand across truck, passenger carrier, and cargo vehicle segments. The company said its total domestic and international sales stood at 34,833 units in April 2026, compared to 27,221 units in the same month last year. According to the company, domestic sales rose 27.9 per cent to 32,965 units, while international business sales increased 28.2 per cent to 1,868 units. Sales of heavy commercial vehicle (HCV) trucks grew 23.4 per cent to 8,969 units, while intermediate, light and medium commercial vehicle…

A suspected explosion involving an improvised explosive device (IED), followed by alleged gunfire, has been reported from Arunachal Pradesh’s Changlang district. The incident reportedly targeted Nuravi Group Director Ravi Ranjan Choubey. Sources indicate the incident may have occurred on April 23 night along Jinny Road between Kharsang and Jairampur. However, officials have said that confirmation is awaited. Empty cartridges recovered from the site have added weight to claims of gunfire, and the material is being analysed by investigators. Police have registered an FIR at Kharsang Police Station and initiated a probe into the matter. Further details are expected as the…

Renault Group India has approached the National Company Law Tribunal to seek approval for a proposed structural realignment of its India operations as part of its long-term business strategy aimed at strengthening the country’s role as a major manufacturing and export hub. The proposed restructuring plans to separate the powertrain manufacturing business into a dedicated powertrain entity, while vehicle manufacturing and sales operations will be integrated under a unified operating structure. The company said the move is intended to create clearer and more focused operational structures aligned with the distinct industrial requirements of each business segment. The company stated that…

Samim Akhtara Ali, a resident of Dibrugarh, was honoured with the prestigious “Excellence in Social Impact Leadership” award at the Times Business Awards – North East 2026, held on April 30 at Hotel Vivanta, Guwahati. This recognition was conferred in appreciation of her long-standing contributions to social service, women’s empowerment, and her unwavering support for underprivileged communities across Northeast India. Through her humanitarian initiatives, she has consistently stood beside the poor, visually impaired individuals, and flood-affected families, creating a meaningful and positive impact on society. Samim Akhtara Ali is the second daughter of late Rahmat Ali, a senior journalist from…

Hindustan Petroleum Corporation Limited has intensified its vigilance and enforcement measures across India as LPG demand continues to rise, with the company delivering 404 lakh LPG cylinders between April 1 and May 2, 2026. The company said 12.3 lakh cylinders were delivered on May 2 alone, reflecting strong nationwide demand and operational capacity. HPCL said it carried out 6,424 inspections across its LPG distribution network between March 14 and May 2. The company also conducted 664 raids, registered 44 FIRs, and seized 4,155 LPG cylinders to prevent diversion and misuse. Action was initiated against 177 distributors, including the suspension of…