Business Bureau

Indian Bank conducted financial literacy camps and Corporate Social Responsibility (CSR) activities across West Bengal on August 10 as part of its 120th Foundation Day fortnight celebrations. Shri Ashutosh Choudhury, Executive Director, Indian Bank, inaugurated a financial literacy camp at Derozio Memorial College in Rajarhat and addressed the gathering. During the programme, he also handed over skill development kits to beneficiaries under the bank’s CSR initiatives. Shri Neelmani Bhardwaj, Field General Manager-Kolkata, along with other officials and staff members of Indian Bank, was present at the event. The financial literacy initiative is aimed at creating greater awareness among communities about…

Indian Overseas Bank (IOB) has contributed ₹50 lakh to the Assam Chief Minister’s Relief Fund under its Corporate Social Responsibility (CSR) initiative to support flood-affected communities and ongoing relief and rehabilitation efforts in the state. A delegation from IOB’s Guwahati Regional Office presented the contribution to Assam Chief Minister DrHimantaBiswaSarma. The delegation included Chief Regional Manager Rajiv Kumar, Assistant General Manager Anurag Singh Kshatriya and Chief Manager Pushkar Singh. IOB Managing Director and CEO Ajay Kumar Srivastava said the bank stood in solidarity with the people of Assam during the crisis. He said the contribution was aimed at strengthening the…

Bosch Power Tools India, in partnership with Concentrix, has inaugurated a new User & Customer Care (UCC) Centre in Kolkata, strengthening the power tools maker’s focus on customer experience and digital support capabilities. The new centre is designed to provide faster, seamless and consistent customer support through advanced digital capabilities and artificial intelligence-driven solutions. The partnership brings together Bosch’s market presence and Concentrix’s customer experience expertise to strengthen channel relationships, identify new growth opportunities and deliver measurable business outcomes. Sanmay Dasgupta, Regional President, Bosch Power Tools India & SAARC, said the centre represents an investment in the future of customer…

Tata Motors Ltd. reported a strong first quarter for FY27, with standalone revenue rising 23% year-on-year to ₹19,329 crore and EBITDA increasing 17% to ₹2,300 crore, despite severe commodity-cost pressures. PBT before exceptional items rose 26% to ₹2,057 crore, while profit after tax stood at ₹1,500 crore. The commercial vehicle maker generated ₹1,114 crore in free cash flow during the quarter, an improvement of ₹2,910 crore from Q1 FY26. Domestic business net cash stood at ₹7,100 crore after a ₹1,473-crore dividend payout, while consolidated revenue grew 19% to ₹20,667 crore and consolidated PAT jumped 83% to ₹2,600 crore, aided by…

Bata India reported a 23% year-on-year rise in profit after tax (PAT) to Rs. 637 million for the quarter ended June 30, 2026, compared with Rs. 517 million in the corresponding quarter last year, as the footwear major continued its growth momentum for the third consecutive quarter. Revenue rose around 4% year-on-year to Rs. 9,789 million in Q1 FY27. Profit before tax excluding one-offs increased over 22% to Rs. 906 million from Rs. 745 million. One-off expenses included a Rs. 27 million non-cash forex loss on licence fees and Rs. 24 million towards one-time ERP implementation costs. Operating cash profit…

IndiaFirst Life Insurance Company Limited on Tuesday launched the IndiaFirst Life GOLD Term Plan, a protection-focused insurance product combining life cover, wellness services and family-oriented benefits. The plan offers customers a choice between Life Cover and Life Cover with Return of Premium. Under the Life Cover option, policyholders can extend protection up to 99 years of age. The product also provides Soulmate Protection, offering additional life cover for the spouse in the event of the policyholder’s death. A Smart Exit Option allows eligible customers to exit during a specified period and receive 100% of premiums paid, subject to policy terms…

United Breweries Limited (UBL), part of the HEINEKEN Company, has contributed Rs 1 crore towards Assam’s flood relief efforts, supporting the state government’s ongoing rehabilitation and recovery work for affected communities. UBL Managing Director and Chief Executive Officer Vivek Gupta handed over the contribution to Assam Chief Minister HimantaBiswaSarma during a meeting in Guwahati on Tuesday. The funds will support relief and rehabilitation measures for communities impacted by this year’s floods, which have displaced families and caused damage to homes, farmland and local infrastructure across several districts. Gupta said Assam has remained an important part of UBL’s journey, with Kingfisher…

Eveready Industries India Ltd. has taken its rural consumer outreach campaign, ‘Chalo SHOR Machate Hai!’, to Benipur Mandi in Darbhanga, Bihar, showcasing its Shor Torch DL190 through live demonstrations and interactive engagements. The two-day activation, which began on August 10, aims to familiarise farmers with the rechargeable torch’s crop-protection features designed to help deter animal intrusion into agricultural fields. The Shor Torch DL190 comes with a 100 dBA animal alarm, a 5W front torch with a 1-km beam, a 3W side light and red UV strobe functionality. It is powered by a 3,600 mAh rechargeable Li-ion battery with Type-C fast…

HP India has announced the availability of the HP OmniPad 12, an India-first 2-in-1 device aimed at students, first-time users, MSMEs and young professionals seeking laptop-like productivity with tablet portability.The device features a detachable keyboard, allowing users to switch between a touch-based tablet and laptop-style setup. It is powered by Qualcomm Snapdragon processors and runs on Android 16. The OmniPad 12 sports a 12-inch 2K multi-touch display with a 16:10 aspect ratio, up to 400 nits brightness and a refresh rate of up to 90Hz. The device offers up to 18 hours of battery life and weighs 600 grams in…

Bandhan Mutual Fund has announced the launch of the Bandhan Contra Fund, an open-ended equity scheme that follows a contrarian investment strategy aimed at identifying fundamentally strong companies that are temporarily out of favour due to market sentiment, sectoral challenges or macroeconomic uncertainties. The New Fund Offer (NFO) will open on August 10 and close on August 24, with investments available through mutual fund distributors, online platforms and the fund house's direct platform. The fund seeks to capitalise on businesses that have the potential for valuation re-rating as earnings improve and investor perception changes over time. According to the asset…