Business - The Purbottar

16 Mar

Tata Motors bags orders for over 5,000 buses from State Transport Undertakings across India

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Tata Motors has secured cumulative orders for more than 5,000 buses and bus chassis from multiple State Transport Undertakings (STUs) across India, strengthening its position as a key partner in the country’s mass mobility sector. The orders were awarded through a competitive e-bidding process under the Government’s procurement system and will be deployed in phases as per agreements with the respective transport corporations. The orders have been placed by several major state transport bodies including Maharashtra State Road Transport Corporation, Gujarat State Road Transport Corporation, North Western Karnataka Road Transport Corporation, Telangana State Road Transport Corporation, Bihar State Road Transport…

16 Mar

Nissan Motor India Pvt. Ltd. (NMIPL) has announced a collaboration with the Kendriya Police Kalyan Bhandar (KPKB)

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Nissan Motor India Pvt. Ltd. (NMIPL) has announced a collaboration with the Kendriya Police Kalyan Bhandar (KPKB), a welfare initiative under the Ministry of Home Affairs (MHA), to provide exclusive mobility benefits to serving and retired police and paramilitary personnel and their families across the country. Under the association, KPKB beneficiaries will receive special benefits on the New Nissan Magnite over and above existing customer offers. The benefits will be available at all Nissan dealerships in India. In addition, buyers can avail an attractive finance scheme at an interest rate of 5.55%, aimed at making vehicle ownership more affordable. Nissan is…

16 Mar

Axis Securities bullish on Federal Bank, sets ₹290 target price

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Brokerage firm Axis Securities has retained a ‘Buy’ rating on Federal Bank, citing improving net interest margins (NIM), stable asset quality, and signs of revival in growth momentum. The brokerage has set a target price of ₹290 per share, indicating a potential upside of about 10 per cent from the stock’s closing price of ₹263 on March 13.Analysts noted that the bank’s Q3 performance showed a recovery after a relatively muted first half of the financial year. The outlook for growth remains encouraging as the bank continues to focus on mid-yield lending segments and improving its deposit mix.Axis Securities expects…

16 Mar

Truecaller launches ‘Family Protection’ in India to help households fight rising online scams

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Global communications platform Truecaller has launched a new feature called Family Protection in India, aimed at helping households stay safe from the growing threat of digital scams. The feature allows families to create a “Safety Circle” of up to five members, enabling them to collectively guard against fraud such as digital arrest scams, impersonation fraud and AI voice cloning. The rollout in India follows the feature’s earlier launch in several international markets including Sweden, Chile, Malaysia and Kenya. According to the company, the new tool is powered by the collective intelligence of more than 450 million users worldwide. Family Protection…

15 Mar

Air India, Air India Express to shift operations to Guwahati airport’s New Terminal 2 from March 16

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Air India and Air India Express will commence operations from the newly inaugurated Terminal 2 (T2) of Lokpriya Gopinath Bordoloi International Airport in Guwahati starting March 16, 2026, marking a key operational shift for the airlines in the region. According to an official release issued from Gurugram on March 14, both airlines will move their operations from Terminal 1 (T1) to the new terminal with effect from March 16. Together, Air India and Air India Express will operate a total of 38 daily flights to and from Terminal 2 at the Guwahati airport. The first Air India flight to arrive…

13 Mar

MSDE signs MoU with GATI Foundation to boost overseas job opportunities for skilled Indian workers

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The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, on Friday signed a Memorandum of Understanding (MoU) with the GATI Foundation, a project under the SFI Impact Foundation, to strengthen institutional mechanisms supporting overseas employment and global mobility for skilled Indian workers. The agreement aims to establish a strategic framework for collaboration between the two organisations to position India as a global hub of skilled talent while enabling Indian youth to access international employment opportunities in a structured and sustainable manner. Under the MoU, MSDE and the GATI Foundation will jointly develop a comprehensive, data-driven roadmap for overseas…

13 Mar

75.8% Indians now active dairy consumers, multi-product dairy basket driving household nutrition: Godrej Jersey Report

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A new Lactography Report released by Godrej Jersey has revealed that 75.8% of Indians are now active dairy consumers, indicating that milk and dairy products have become deeply embedded in everyday household nutrition across the country. The report highlights that Indian households increasingly consume multiple dairy products alongside milk, including curd, paneer, ghee, butter, lassi, yogurt and cheese. According to the findings, Indian homes are gradually building what the report calls a “dairy basket”, where several dairy products are consumed regularly rather than relying solely on milk. Among active dairy consumers, curd leads with 80% preference, followed by paneer (76%),…

13 Mar

Mahindra ramps up production of OJA 2130 Tractor series ahead of farm season demand

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Mahindra Tractors, part of the Mahindra Group, has announced that it is ramping up production of its OJA 2130 tractor series in anticipation of higher demand during the upcoming agricultural season. The new range, positioned in the 30 HP category, includes the OJA 2130 – PROJA, OJA 2130 with larger 9.5x18 tyres, and the OJA 2130 Narrow Track with Forward and Reverse shuttle. The OJA 2130 series is designed to improve productivity, comfort and cost-effectiveness for farmers. The tractors come with standard 4WD, a best-in-class power-to-weight ratio and compatibility with a wide range of implements, making them suitable for horticulture,…

13 Mar

Godrej Consumer Products tops global sustainability ranking on Dow Jones Index

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Godrej Consumer Products Limited (GCPL) has been ranked the world’s No.1 sustainable FMCG company on the Dow Jones Best-in-Class Sustainability Index 2025, marking the first time the company has secured the top global position on the prestigious benchmark. The company scored 89 out of 100 in the Personal Products category in S&P Global’s Corporate Sustainability Assessment (CSA), which evaluated more than 3,500 companies worldwide. The assessment measures performance across environmental, social and governance (ESG) parameters including emission reduction, sustainable sourcing, packaging management, water stewardship, labour practices and product lifecycle management. The recognition also marks a milestone year for GCPL as…

13 Mar

Rasna launches Nutri+ for summer 2026, revives ‘Prankies’ with digital campaign featuring Rakul Preet Singh

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India’s iconic beverage brand Rasna has launched Rasna Nutri+, a nutrition-enriched powder concentrate, marking what the company calls a major push into the growing health drinks segment while retaining its signature taste. Developed by Rasna’s R&D division, the new product blends traditional refreshment with added vitamins and minerals aimed at meeting the wellness needs of modern Indian families. The launch comes as India’s health drinks market, valued at USD 9 billion in 2024, is projected to grow at 11–12% CAGR over the next decade. Rasna Nutri+ is positioned to tap this demand for functional beverages enriched with nutrients. As part…