Business - The Purbottar

14 Aug

Barbeque Nation opens 20th West Bengal outlet in Berhampore

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Barbeque Nation, one of India’s leading casual dining chains, has expanded its presence in West Bengal with the launch of its new outlet at Mohan Mall, Gorabazar, Sahid Surya Sen Road in Berhampore, Murshidabad. Spread across 3,079 square feet, the new restaurant can accommodate up to 97 guests and is positioned as a dining destination for family gatherings, corporate lunches and other occasions. The outlet features vibrant and contemporary interiors and offers the brand’s signature eat-all-you-can buffet. The buffet includes a range of vegetarian and non-vegetarian dishes across starters, main course, desserts and live counters. The menu features local and…

14 Aug

Mobavenue AI Tech Q1 revenue jumps 56.9% as profit nearly doubles

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Mobavenue AI Tech Limited reported a 56.9% year-on-year increase in consolidated revenue to ₹728 million for the quarter ended June 30, 2026, while profit after tax (PAT) nearly doubled to ₹117 million, reflecting continued growth in its AI-led advertising and consumer technology business. EBITDA rose 77% year-on-year to ₹154 million, with the EBITDA margin expanding 240 basis points to 21.2%. PAT margin also improved to 16.1%, up 320 basis points from a year earlier. Sequentially, revenue increased 16.3%, while EBITDA rose 15.8% and PAT grew 39.3%. The company said growth was driven by demand from direct advertisers in sectors including…

14 Aug

Indriya names Krithi Shetty brand ambassador for southern markets, unveils Varalakshmi campaign

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Indriya, the jewellery brand from Aditya Birla Group, has appointed actor Krithi Shetty as its brand ambassador for the southern markets and unveiled its Varalakshmi campaign ahead of the festive season. The campaign positions Shetty as the face of Indriya’s festive jewellery collection, drawing on the cultural significance of Varalakshmi celebrations across Andhra Pradesh, Telangana and Karnataka. Rooted in themes of prosperity, devotion and togetherness, the campaign showcases heritage-inspired jewellery reinterpreted through contemporary design. The collection features temple jewellery elements including nakkashi craftsmanship, Goddess Lakshmi motifs, lotuses, peacocks, kasu-inspired designs and temple detailing. Crafted in antique gold finishes and complemented…

14 Aug

ICICI Prudential Life launches women-focused term plan with health and wellness benefits

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ICICI Prudential Life Insurance has launched ICICI Pru iProtect Smart Her, a comprehensive term insurance plan designed specifically for women, combining life protection with health, wellness and financial flexibility. The product offers women a 15% lifetime premium discount and a pregnancy break benefit to help manage premium commitments during pregnancy. It also provides women-specific health management and wellness services worth up to ₹25,000. These services include tele consultations across multiple specialties, annual health check-ups, health risk assessments, wellness content, and pharmacy and diagnostic discounts. The company said the overall benefits under the product are worth up to ₹92,100. The plan…

14 Aug

Gen Z reshapes festive shopping as trusted conversations drive purchase decisions

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India’s festive shopping journey is evolving, with Gen Z increasingly moving beyond product discovery to seek reassurance from friends and family before making purchases, according to new research by GWI and Snapchat released on August 12, 2026. The study found that 70% of Gen Z consumers view the festive season as multiple celebrations rather than a single shopping moment, while nearly four in 10 begin planning their Diwali purchases more than a month in advance. Creator content remains influential in product discovery, with 7 in 10 Gen Z consumers saying it helps them discover products. However, 76% said instant feedback…

14 Aug

Bajaj General Insurance launches Pro Shield for defence personnel, unveils enhanced VPAY 2.0

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Bajaj General Insurance Limited, formerly Bajaj Allianz General Insurance Company Limited, has launched ProShield, a packaged motor insurance solution for defence personnel, along with the enhanced VPAY 2.0, its next-generation motor insurance offering aimed at connected vehicles and evolving mobility risks. ProShield addresses the distinctive requirements of military life, including frequent relocations and vehicle movement between postings. The product provides vehicle relocation protection, including policy extensions for vehicles transported through licensed carriers, eligible No Claim Bonus protection, travel emergency cover for missed flights and hotel expenses following vehicle accidents, and assistance for replacing lost driving licences and registration certificates for…

14 Aug

Tata Sons chairman N Chandrasekaran to step down in February 2027, succession process begins

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N Chandrasekaran, Chairman of Tata Sons Private Limited, has decided not to offer himself for re-appointment when his current tenure ends on February 20, 2027, the Sir Dorabji Tata Trust said on Thursday. The Trust said its nominee directors received an email from Chandrasekaran on August 12 conveying his decision. The Sir Dorabji Tata Trust respected the decision and placed on record its appreciation for Chandrasekaran’s contribution and stewardship of Tata Sons and the Tata Group over the past decade. The Trust said Chandrasekaran made an “immense contribution” during a period marked by significant change, growth and transformation across the…

14 Aug

Avik Chatterjee takes charge as CEO of Speciality Restaurants, eyes new formats and Mumbai expansion

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Speciality Restaurants Limited has elevated Avik Chatterjee as Chief Executive Officer, effective from the first quarter of FY27. Chatterjee, who previously served as Executive Director – Innovation & New Formats, will oversee the company’s portfolio of brands and restaurant operations across India and international markets. A second-generation entrepreneur, Chatterjee has been closely associated with the company’s flagship Mainland China brand, founded by his father and Chairman & Managing Director Anjanmoy Chatterjee. In his new role, he will focus on strengthening existing brands, expanding into new markets, developing new concepts and improving operational efficiency. The company’s portfolio includes Mainland China, Oh!…

14 Aug

Indian Bank conducts financial literacy camps and CSR activities in West Bengal

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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…

14 Aug

Indian Overseas Bank contributes ₹50 lakh to Assam flood relief fund

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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…