Business - The Purbottar

25 Feb

JSW Group, Assam govt begin work on world-class heritage museum in Guwahati

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JSW Group and the Government of Assam on February 22 formally began construction of a state-of-the-art heritage museum in Guwahati, marking a major cultural initiative for the state. The foundation stone was laid by Chief Minister Himanta Biswa Sarma and JSW Group Chairman Sajjan Jindal at the project site in Khanapara. The event was attended by Savitri Jindal, Sangita Jindal, Cultural Affairs Minister Bimal Borah and museum curator Richard Blurton, former Head of South and Southeast Asia at the British Museum. The museum is being developed at the Sericulture Farm, Khanapara, on a 45,000-square-foot plot allotted by the state government.…

25 Feb

Royal Stag BoomBox launches fourth edition in Kolkata, announces multi-city tour across India

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Seagram’s Royal Stag announced the successful launch of the fourth edition of Royal Stag BoomBox – The Original Sound of Generation Large – with a grand opening at Aquatica Ground, Kolkata on February 21. The platform, built around the brand’s philosophy of ‘Living It Large’, brings together Bollywood melodies and hip-hop beats alongside immersive art, culture and gaming experiences. The Kolkata edition witnessed strong participation, with thousands attending the high-energy evening. The venue was transformed into a multi-sensory arena featuring vibrant installations, curated food experiences and interactive gaming zones. The event commenced with a live gaming face-off led by Payal…

25 Feb

Tata Consultancy Services Pushes AI-First Strategy, Even at Risk of Revenue Loss

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In a bold move that signals confidence in the future of artificial intelligence, Tata Consultancy Services (TCS) has asked its employees to actively adopt AI-driven solutions—even if doing so disrupts the company’s existing revenue streams.At a time when AI is creating anxiety across the IT services sector over billing models and job security, TCS Chief Executive Officer and Managing Director K. Krithivasan has taken a clear stand: embrace change, don’t resist it.Speaking at the 34th Nasscom Technology and Leadership Forum (NTLF), Krithivasan urged employees to inform clients if tasks can be completed “faster, better, and cheaper” using AI—even if that…

25 Feb

Mahindra-Manulife Life Insurance JV appoints Suresh Agarwal as MD & CEO designate

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Mahindra & Mahindra Ltd. (M&M) and Manulife have appointed Suresh Agarwal as the MD & CEO designate of their proposed 50:50 life insurance joint venture, subject to regulatory approvals. The partnership to set up the life insurance business was announced in November last year, marking the companies’ entry into India’s fast-growing insurance sector. Suresh brings nearly 30 years of experience across life and general insurance, and corporate and retail lending. He earlier played a key role in building Kotak’s life insurance operations and later led the transition of Kotak General Insurance into a joint venture with Zurich Insurance. Since September…

24 Feb

PNB opens new premises at Malkanihat, loans sanctioned to 10 customers

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Punjab National Bank (PNB) on Tuesday inaugurated its new premises at B/O-Malkanihat under Jalpaiguri district, marking a significant step towards strengthening banking services in the rural belt. The new branch premises was formally inaugurated by Circle Head Smt. Sarita Singh in the presence of Assistant Commandant, BSF Raninagar, Sri Naresh Ch. Roy; Pradhan of Khariza Berubari-2 Gram Panchayat, Sri Taranath Roy; Sri Pritam Ghosh, Chief Manager; along with other dignitaries and valued customers. During the programme, officials highlighted the legacy and long-standing contribution of Punjab National Bank in nation-building. The speakers underlined the vital role of banking in accelerating rural…

24 Feb

Nissan announces 5.55% finance offer on Magnite, 100% on-road funding till March 2026

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Nissan Motor India Private Limited on Monday announced a new retail finance scheme for the Nissan Magnite, offering a lowest rate of interest starting at 5.55 per cent for all CIBIL-approved customers. The scheme is being rolled out in partnership with Nissan Renault Financial Services India and will remain valid for bookings made until the end of March 2026. Under the offer, customers can avail finance at 5.55 per cent ROI for a loan amount of ₹5 lakh, along with up to 100 per cent on-road funding. The funding covers registration, insurance and other applicable charges, reducing the upfront financial…

24 Feb

Retirement dreams rise, but savings gap persists: IRIS 5.0 flags ‘Rs 1 crore illusion’

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India’s approach to retirement is undergoing a shift, with more people viewing their later years as a “Second Innings” focused on travel, entrepreneurship and personal passions. However, a new study warns that financial preparedness still lags behind aspirations. According to IRIS 5.0 released by Axis Max Life Insurance Limited, the national retirement readiness score has improved to 48. Yet, 63% of urban Indians fear their savings may not last beyond 10 years after retirement. The study also highlights that 7 out of 10 Indians still consider ₹1 crore as sufficient for retirement — a belief described as the “₹1 Crore…

24 Feb

Jayant Chaudhary launches ‘Badhna Hai Toh Yahan Judna Hai’ campaign to boost digital skilling via SIDH

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Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education Shri Jayant Chaudhary on Saturday launched a nationwide awareness campaign titled “Badhna Hai Toh Yahan Judna Hai” to strengthen India’s digital skilling ecosystem. The campaign was unveiled on the sidelines of the India AI Impact Summit 2026 and aims to expand participation in the Skill India Digital Hub (SIDH). Legendary actor Amitabh Bachchan has been roped in to amplify the campaign’s outreach and encourage citizens to register on SIDH, which has already onboarded more than 1.5 crore candidates. Positioned as a key digital…

24 Feb

New Delhi hosts first-ever Darjeeling youth delegation led by Harsh Vardhan Shringla

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In a landmark initiative for the hills, the first-ever youth delegation from Darjeeling will visit New Delhi under the leadership of Member of Parliament Harsh Vardhan Shringla. The 20-member delegation marks the first organised youth group from Darjeeling to undertake an institutional and leadership exposure programme of this scale in the national capital. The visit aims to provide firsthand exposure to key constitutional institutions and inspire leadership among young participants. A major highlight of the programme will be an interaction with the Vice President of India and other senior dignitaries of the Government of India, offering delegates direct insight into…

24 Feb

IBM opens AI GovTech Innovation Center in Lucknow, signs MoUs with UP govt

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IBM on February 22, 2026 inaugurated its AI GovTech Innovation Center in Lucknow, marking a major push to strengthen artificial intelligence-led governance in India. The Centre was inaugurated by Yogi Adityanath in the presence of Arvind Krishna, Chairman, President and CEO of IBM, Sandip Patel, Managing Director of IBM India & South Asia, and Manindra Agrawal, Director of Indian Institute of Technology Kanpur, along with other officials. The Center will act as a collaborative platform to design and scale trusted AI solutions to improve productivity, transparency and public service delivery. Speaking at the event, Arvind Krishna said AI will define…