Business Bureau

ArcelorMittal Nippon Steel India (AM/NS India) has secured the first-ever approval of a Strategic Investment Plan (SIP) under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme, with the National Steering Committee clearing its proposal for the Visakhapatnam ITI Cluster in Andhra Pradesh. The approval was granted during the third meeting of the National Steering Committee convened by the Ministry of Skill Development and Entrepreneurship (MSDE) at Kaushal Bhawan in New Delhi. With the clearance, Andhra Pradesh has become the first state to operationalise an industry partnership under the PM-SETU scheme and onboard an Anchor Industry Partner.…

LGT Global Hospitality Limited has reported a strong financial performance for FY26, recording a 34.9 per cent year-on-year increase in revenue, driven by robust demand across corporate travel, MICE (Meetings, Incentives, Conferences and Exhibitions), hospitality services, and leisure travel segments. The company said growth during the year was supported by increasing traction in corporate travel management, inbound and outbound tourism, destination management, exhibitions, trade fairs, customized holidays, destination weddings, and experiential travel offerings. Strategic collaborations and acquisitions, including Yaja, Travflix and Holiday One, further strengthened its business ecosystem, customer engagement capabilities and market reach. As part of its expansion strategy,…

Narayana RN Tagore Hospital, Kolkata, has launched comprehensive Cardiac Electrophysiology (EP) services at Maxwell Hospital & Research Centre in Siliguri, bringing advanced diagnosis and treatment for cardiac rhythm disorders closer to patients in North Bengal, Sikkim and neighbouring regions. The initiative extends the hospital’s decade-long expertise in cardiac electrophysiology from its Mukundapur facility in Kolkata and aims to improve access to specialised care for patients suffering from irregular heart rhythms. The new unit will offer fast-track diagnosis, risk stratification and early intervention under the guidance of super-specialist cardiac electrophysiologists. The facility is equipped to diagnose and treat a range of…

Coca-Cola India has partnered with Google to launch “Coca-Cola Halftime Surprise”, an AI-powered consumer engagement platform built using Google Gemini, aimed at turning everyday Coke breaks into interactive digital experiences for Gen Z consumers. Launched on May 28, the campaign introduces three AI-led experiences that consumers can access by scanning QR codes on special Coca-Cola packs. Inspired by Coca-Cola’s global “Halftime” philosophy, the initiative combines storytelling, music and artificial intelligence to create personalised content and reward-based engagement. The experience allows users to enter themed digital worlds powered by Gemini’s Canvas feature. Consumers can create comic-strip narratives, music-inspired alter egos and…

Hero MotoCorp on Wednesday launched the all-new Super Splendor XTEC 2.0, an upgraded version of its popular 125cc commuter motorcycle, featuring enhanced technology, improved fuel efficiency and refreshed styling aimed at modern riders. The motorcycle maker said the latest Super Splendor XTEC 2.0 is part of its aggressive product revitalisation strategy and has been designed to offer a better everyday commuting experience. Built on the long-standing Splendor legacy that began in 1994, the motorcycle combines trusted performance with modern-day convenience features. Powered by a 124.7cc single-cylinder engine, the motorcycle delivers 10.7 bhp at 7500 rpm and 10.6 Nm torque at…

Transport Corporation of India Ltd. (TCI), an integrated multimodal logistics and supply chain solutions provider, on Tuesday reported strong financial growth for the fourth quarter and full financial year ended March 31, 2026, driven by improved performance across warehousing, multimodal movement and sector-specific logistics services. The company posted consolidated revenue of ₹1,336 crore in Q4 FY2026, registering an 11.6 per cent rise from ₹1,197 crore in the corresponding quarter last year. EBITDA increased 7.4 per cent to ₹174 crore from ₹162 crore, while profit after tax (PAT) climbed 8.7 per cent to ₹125 crore against ₹115 crore in Q4 FY2025.…

Narayana Group of Schools, West Bengal, has announced the appointment of a distinguished coaching panel featuring some of India’s most celebrated names in football and chess, in a move aimed at strengthening holistic education and nurturing future sporting talent. The new panel includes former football stars Jose Barreto, Alvito D’Cunha and Mehtab Hossain as football coaches, while renowned chess grandmaster Dibyendu Barua has been appointed as chess coach. The institution said the initiative marks a significant step in its efforts to provide students with opportunities for excellence beyond academics. Speaking on the development, Priyanka Mukherjee, CEO of Narayana Group of…

JSW MG Motor India has launched the much-anticipated MG MAJESTOR, calling it India’s first D+ SUV, with prices starting at Rs 40.99 lakh (ex-showroom) for the 4x2 automatic top trim. The 4x4 automatic top trim has been priced at Rs 44.99 lakh (ex-showroom). The MG MAJESTOR will be available in both six- and seven-seater configurations for the 4x2 variant, while the 4x4 version will be offered only as a seven-seater. The SUV is powered by a twin-turbo diesel engine delivering 215.5 PS power and 478.5 Nm torque, paired with an 8-speed automatic transmission. MG said the SUV comes with advanced…

Pune-based Cummins India Limited on Tuesday reported a strong financial performance for the quarter and financial year ended March 31, 2026, driven by robust domestic demand and steady operational execution. The company’s total sales for FY26 stood at ₹11,950 crore, marking an 18 per cent increase over the previous year. Domestic sales rose 19 per cent to ₹9,961 crore, while export sales increased 12 per cent to ₹1,989 crore. Profit before tax, before exceptional items, climbed 24 per cent to ₹3,104 crore with a margin of 26 per cent. Profit after tax for the year stood at ₹2,330 crore, up…

Flipkart-owned Shopsy has launched a new AI-powered version of its shopping app, transforming the hypervalue platform into a gamified and engagement-led commerce destination aimed at Gen Z consumers and Bharat’s next 100 million online shoppers. The company said the new platform has been designed for young and value-conscious consumers across metros and tier-2 and smaller cities, where much of India’s new online shopper growth is taking place. According to a Bain & Company report cited by the company, nearly 65 per cent of new shopper growth is now coming from tier-2+ cities, while Gen Z accounts for around 40-45 per…