Business - The Purbottar

18 Mar

Hyatt signs 140-key Hyatt Place hotel in Ahmedabad, expands India portfolio

Business BureauBusiness

Hyatt Hotels Corporation on Tuesday announced the signing of an agreement for Hyatt Place Ahmedabad Nikol, marking a fresh step in its expansion across India’s high-growth urban markets. The 140-key property, being developed by Golden Buildcon, will strengthen Hyatt’s presence in Ahmedabad, a key administrative and commercial hub of Gujarat. The upcoming hotel will feature multiple dining options, including a main restaurant and a grab-and-go market. It will also house a 3,455-square-foot ballroom, along with conference rooms and a boardroom, catering to meetings and events. Additional facilities such as a fitness centre and swimming pool are expected to attract both…

18 Mar

Coffee emerges as Gen Z’s preferred gifting choice, signalling shift in consumer trends

Business BureauBusiness

The culture of gifting is undergoing a noticeable transformation, with Gen Z increasingly opting for thoughtful and experience-driven presents over conventional options. Among the emerging trends, coffee is gaining prominence as a preferred gifting choice, reflecting a shift towards more intentional and personality-led gestures. Unlike traditional last-minute gifts, Gen Z consumers are prioritising meaning and emotional value. Coffee, often associated with shared moments and daily rituals, is being seen as more than just a beverage. It plays a role in conversations, creative sessions, and leisurely weekends, making it an immersive and experiential gift. Gifting coffee aligns with the generation’s preference…

18 Mar

Renault launches new Duster in India, prices start at Rs 10.49 lakh; hybrid bookings sold out for 2026

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Renault India on Tuesday launched the all-new Duster in the country, with introductory prices starting at ₹10.49 lakh (ex-showroom). The company also announced a limited R-Pass offer at ₹10.29 lakh valid until March 31, 2026, as dispatches begin nationwide. Built on the Renault Group Modular Platform (RGMP), the SUV is designed for Indian driving conditions, combining structural strength with improved ride and handling. The turbocharged TCe 160 engine delivers 163 PS and 280 Nm torque, paired with either a 6-speed manual or DCT gearbox. Renault said over 90% of petrol bookings are for the higher-powered turbo variant. The SUV comes…

17 Mar

Energy Shock Intensifies: Global Oil and Gas Prices Surge as Iran Targets Production Hubs

anuprova EditorBusiness

Global energy markets witnessed a sharp spike in prices on Tuesday, March 17, 2026, as Iran escalated the ongoing conflict by successfully targeting vital oil and gas production facilities across the Gulf for the first time. International benchmark Brent crude jumped 3% to $103.28 per barrel, while U.S. West Texas Intermediate (WTI) rose over 3.6% to reach $96.85, reversing a brief decline from the previous session. The surge was triggered by reports of a drone strike on the Shah natural gas field in the United Arab Emirates—one of the world's largest—which forced a complete suspension of operations. Additionally, attacks were…

17 Mar

HSBC Mutual Fund launches first Gold ETFs in India; NFO opens this week

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HSBC Mutual Fund has announced the launch of its maiden Exchange Traded Fund (ETF) offerings in India with the introduction of the HSBC Gold ETF and the HSBC Gold ETF Fund of Fund (FoF), marking the company’s entry into the ETF segment in the country. The New Fund Offer (NFO) for the schemes opens this week. The HSBC Gold ETF NFO will remain open for subscription from March 16 to March 18, 2026, while the HSBC Gold ETF Fund of Fund will accept investments from March 19 to March 25, 2026. Both schemes will be managed by Dipan Parikh of…

17 Mar

Axis Bank honours women entrepreneurs at Kolkata event to mark International Women’s Day

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Axis Bank celebrated International Women’s Day by organising a special event in Kolkata to recognise the achievements of women entrepreneurs and changemakers from across West Bengal. The programme, held at Hotel Hindustan International (HHI), highlighted the bank’s commitment to promoting women empowerment, inclusivity and customer engagement. The event was graced by Bollywood actress Ekavali Khanna as the Chief Guest and attended by senior Axis Bank leaders including Sattar Ali, Regional Branch Banking Head – East 1; Piyali Reddy, Group Head – Corporate Communications; Amit Parekh, Circle Head – West Bengal 1; Sougata Chatterjee, Circle Head – West Bengal 2; and…

17 Mar

Tata Motors to raise commercial vehicle prices by up to 1.5% from April 1

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Tata Motors on Monday announced a price hike of up to 1.5 per cent across its commercial vehicle range, effective from April 1, 2026, citing rising commodity prices and increasing input costs. The company said the price increase is aimed at partially offsetting the impact of higher raw material costs. The extent of the hike will vary depending on the model and variant of the vehicle. Tata Motors, part of the USD 180 billion Tata Group, is India’s largest manufacturer of commercial vehicles and a globally recognised producer of utility vehicles, pick-ups, trucks and buses. With more than eight decades…

17 Mar

GCPL’s waste management project diverts 3,200 tonnes of waste in Palashbari

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Godrej Consumer Products Limited (GCPL) has successfully transformed waste management in Palashbari, one of Assam’s oldest towns, through a three-year community-led initiative that diverted more than 3,200 tonnes of waste and significantly improved local sanitation systems. Implemented under GCPL’s Corporate Social Responsibility (CSR) programme in partnership with the Palashbari Municipal Board and Feedback Foundation Charitable Trust, the project also remediated 1,550 tonnes of legacy waste and achieved 98.5 per cent source segregation across households, institutions and markets. Earlier, Palashbari generated nearly two tonnes of mixed waste daily, most of which was dumped in open sites, causing environmental damage and health…

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)

Business BureauBusiness

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…