Business Bureau

Bandhan Mutual Fund has said its Bandhan Innovation Fund has completed two years of investing in innovation-led businesses, focusing on companies driving long-term growth through technology, research and differentiated business models. Launched with a specialised mandate, the fund invests in firms with strong research and development spending, high-skilled employee intensity, differentiated products and services, non-linear business models and strong brand presence. The strategy aims to identify businesses whose growth is driven more by innovation cycles than traditional economic or commodity cycles. Prateek Poddar, Fund Manager of the fund, said innovation has become a key factor for companies seeking durable competitive…

State-run Hindustan Petroleum Corporation Limited (HPCL) delivered 392 lakh LPG cylinders across the country between April 1 and May 1, 2026, driven by a technology-based real-time monitoring and control system aimed at ensuring uninterrupted fuel supply and faster response to demand fluctuations. The company said its centralised control and monitoring framework continuously tracks consumption trends, booking patterns and inventory levels across regions to enable instant decision-making and supply balancing. On May 1 alone, HPCL delivered 8.6 lakh LPG cylinders nationwide. During the period, HPCL supplied 12,94,451 KL of Motor Spirit (MS) and 22,19,479 KL of High-Speed Diesel (HSD). On May…

Valvoline Global Operations has launched its global campaign for the FIFA World Cup 2026, highlighting the dedication of football fans and the mechanics who help keep their journeys running smoothly. The campaign, unveiled on Tuesday, positions the company’s engine oil products as a key companion for fans travelling long distances to witness football’s biggest tournament. The campaign is anchored by Valvoline’s first-ever FIFA World Cup-themed advertisement titled “The Original Engine Oil. For the Driven.” The film traces the emotional journeys of football supporters travelling by cars, buses, trucks and motorcycles, while also reflecting on the brand’s 160-year legacy in the…

Tata Motors Ltd. has recorded its highest-ever annual patent filing performance for its commercial vehicle business in FY26, filing 144 patent applications as the company accelerated its focus on innovation and future-ready mobility solutions. In a statement issued on Tuesday, the company said the filings were aimed at advancing vehicle safety, reliability, occupant comfort, and reducing total cost of ownership for customers. The filings also reflected Tata Motors’ growing focus on sustainable mobility technologies, including electric vehicles and hydrogen-powered internal combustion engines. Apart from patent filings, the company submitted 21 design applications and 35 copyright applications during the financial year.…

Hindustan Petroleum Corporation Limited (HPCL) delivered 375 lakh LPG cylinders across India in April 2026, highlighting rising demand for flexible and smaller cooking fuel solutions amid changing urban consumption patterns and increasing mobility among consumers. The company said growing adoption of Free Trade LPG (FTL) cylinders, especially 5 kg and 2 kg variants, reflects a shift towards need-based and on-demand energy usage. During April, HPCL sold 7,87,543 units of 5 kg cylinders and 26,916 units of 2 kg cylinders. The smaller cylinders are increasingly being used by migrant workers, small vendors, micro-businesses and urban households seeking portable and low-cost energy…

ICICI Bank has introduced biometric authentication for UPI transactions on its mobile banking application, iMobile, allowing customers to approve payments of up to ₹5,000 using fingerprint or facial recognition instead of entering a UPI PIN. The bank said the feature is aimed at improving both convenience and security for users by enabling faster transactions while reducing risks such as shoulder-surfing in public spaces. Customers can use biometric authentication for peer-to-peer fund transfers, QR code-based in-store payments, and online transactions conducted through the iMobile app. Transactions above ₹5,000 will continue to require the traditional UPI PIN for authorisation. An ICICI Bank…

Sahi has secured $33 million in a Series B funding round led by Accel with participation from Elevation Capital, as the Bengaluru-based broking platform looks to strengthen its position in India’s fast-growing active retail trading market. Founded in 2023 by Dale Vaz and Manish Jain, Sahi said the fresh capital will be used to deepen investments in its technology and AI capabilities, expand into new trading categories, and scale its user base. The NSE and BSE-registered broker has built a chart-native trading platform aimed at active traders seeking professional-grade tools without high institutional costs. The company reported sharp growth in…

The Ministry of Skill Development and Entrepreneurship (MSDE) on Wednesday held a high-level consultative workshop to boost apprenticeship adoption among Micro, Small and Medium Enterprises (MSMEs), aiming to strengthen India’s skilled workforce under the vision of Viksit Bharat. The workshop, titled “Scaling Apprenticeship Uptake in Micro, Small and Medium Enterprises (MSMEs),” focused on increasing apprenticeship participation in smaller businesses and addressing barriers such as low awareness and compliance challenges. Discussions explored models including cluster-based consortia, earn-while-you-learn systems, Group Training Organizations (GTOs), Apprenticeship Embedded Degree Programmes (AEDP), and Work-Integrated Learning Programmes (WILP). Speaking at the event, Debashree Mukherjee said apprenticeships can…

The Gokula Education Foundation (Medical) has launched the Ramaiah Institute of Science and Management (RISM), a new deemed-to-be university in Bengaluru focused on STEM and management education with strong emphasis on artificial intelligence, aerospace studies and industry-ready skills. The institution has been launched in partnership with the University at Albany and will begin its first academic session in August 2026. RISM will offer undergraduate, postgraduate and doctoral programmes in engineering, business and science streams. Initial courses will include B.Tech programmes in Computer Science and Artificial Intelligence, Aerospace Engineering and Electrical Sciences, along with BBA and MBA programmes. According to the…

Renault has launched the upgraded Renault Triber 2026 in India with a range of new premium and segment-first features aimed at strengthening its position in the family car segment. Priced between ₹5.80 lakh and ₹8 lakh (ex-showroom), the updated multi-purpose vehicle is available in four variants — Authentic, Evolution, Techno and Emotion. The new Triber 2026 introduces several first-in-segment features, including automatic climate control and a one-touch fold-and-tumble function for second-row seats. The company said the fully foldable second-row seats increase boot capacity up to 1,065 litres, making it one of the most spacious offerings in its category. The vehicle…