Business - The Purbottar

28 Jan

Kanishk Aluminium India IPO Day 1!

Purbalee DuttaBusiness

The initial public offering of Kanishk Aluminium India opened for subscription on Wednesday, January 28, and will remain open until Friday, January 30. This fixed-price SME IPO is valued at ₹29.20 crore and consists entirely of a fresh issue of 0.40 crore equity shares, each priced at ₹73. Investors can apply in a lot size of 1,600 shares. Retail investors are required to apply for a minimum of two lots, translating into a minimum investment of ₹2,33,600. The company plans to utilise the funds raised to repay certain outstanding loans, strengthen brand promotion activities, and meet general corporate requirements. As…

28 Jan

Renault revives Duster with hybrid tech, advanced connectivity for India

Business BureauBusiness

Renault India has unveiled the all-new Renault Duster, marking the return of the iconic SUV that once defined the mid-size segment in the country. The new-generation Duster retains its rugged DNA while introducing modern design, advanced powertrains, connected technology and enhanced safety, tailored specifically for Indian customers. Unveiled at Jawaharlal Nehru Stadium in Chennai before a gathering of over 15,000 people, the new Duster is the first product reveal under Renault Group’s International Game Plan 2027 for India. Built on the new Renault Group Modular Platform (RGMP), nearly 90 per cent of the vehicle is India-specific and engineered for extreme…

28 Jan

slice backs early-stage founders at IIT Guwahati, boosts Assam’s startup ecosystem

Business BureauBusiness

slice Small Finance Bank (slice SFB) has extended support to early-stage startups at IIT Guwahati, strengthening Assam’s growing startup and innovation ecosystem. As part of its continued engagement with young founders, the bank awarded non-dilutive startup grants to two ventures—Picapool and ImpactWeaver—during Disrupt, the startup pitching platform of UDGAM, the annual entrepreneurship festival organised by the Entrepreneurship Cell of IIT Guwahati. The selected startups were recognised for developing technology-driven solutions addressing real-world challenges. Picapool is building a collaborative commerce platform that allows users with similar purchasing needs to pool demand and access better prices. ImpactWeaver, an Assam-based venture, focuses on…

28 Jan

Samsung unveils Galaxy Z Flip7 Olympic Edition for athletes at Milano Cortina 2026

Business BureauBusiness

Samsung Electronics Co., Ltd. has unveiled the Galaxy Z Flip7 Olympic Edition, a special smartphone designed exclusively for athletes competing in the Olympic and Paralympic Winter Games Milano Cortina 2026. As a Worldwide Olympic and Paralympic Partner, Samsung will provide the device to nearly 3,800 Olympians and Paralympians from around 90 countries to support them throughout their Games journey, from life in the Olympic Village to medal celebrations. The Olympic Edition device will play a key role during official podium moments through the Victory Selfie, which will make its Winter Olympic debut at Milano Cortina 2026. For the first time,…

27 Jan

Shringla unveils ‘Vibrant Siliguri – Vision 2047’, lays out growth blueprint for North Bengal

Business BureauBusiness

Member of Parliament and former Foreign Secretary Harsh Vardhan Shringla today unveiled “Vibrant Siliguri – Vision 2047,” a comprehensive roadmap aimed at transforming Siliguri from a transit gateway into a national hub of growth, connectivity and innovation. The vision document was presented at a programme organised by the Siliguri Citizens’ Forum at Hotel Highland on Sevoke Road, in the presence of policymakers, industry representatives, civil society members and citizens. Highlighting Siliguri’s strategic location as India’s gateway to the North East and its proximity to Nepal, Bhutan, Bangladesh and China, Shringla said the city occupies a central place in India’s Act…

27 Jan

Tata AIA Life enhances Fortune Guarantee Supreme with premium offset, guaranteed income options

Business BureauBusiness

Tata AIA Life Insurance has enhanced its long-term savings plan, Fortune Guarantee Supreme, to make disciplined saving easier and more affordable for customers facing rising household expenses and changing financial priorities. The enhanced plan introduces a ‘Premium Offset’ feature, under which policyholders need to pay premiums only for the first six years of a 12-year premium-paying term. The income benefit offered by the insurer can be used to offset the remaining six premiums, reducing the out-of-pocket burden and helping customers stay invested for the long term. The plan also offers a guaranteed income option known as the ‘Power of 6’,…

27 Jan

Axis Mutual Fund launches sector-focused index fund tracking BSE leaders

Business BureauBusiness

Axis Mutual Fund on Thursday announced the launch of the Axis BSE India Sector Leaders Index Fund, an open-ended index fund that will track the BSE India Sector Leaders Index. The new fund offer (NFO) will open for subscription on January 23, 2026, and close on February 6, 2026. The fund will be managed by Karthik Kumar and is available with a minimum investment of ₹100. It aims to provide a long-term wealth creation option by offering broad exposure to India’s leading companies across sectors. The scheme will invest in the top three companies from each of the 21 sectors…

27 Jan

Honda road safety campaign engages over 2,400 students in Guwahati

Business BureauBusiness

Honda Motorcycle & Scooter India (HMSI) continued its nationwide road safety awareness drive with an interactive learning programme in Guwahati, engaging over 2,400 students from Army Public School. The initiative aimed to build awareness on responsible road behaviour and promote safe riding habits among young citizens. The programme focused on practical understanding of road safety through structured sessions covering traffic discipline, safe riding practices and the importance of awareness in daily commuting. Participants were encouraged to view road safety not just as a set of rules, but as a daily habit that impacts both personal and public well-being. Interactive formats,…

27 Jan

Kotak Mahindra Bank Q3FY26 profit rises 5% to Rs 4,924 crore on higher assets and deposits

Business BureauBusiness

Kotak Mahindra Bank on Friday reported a 5 per cent year-on-year rise in its consolidated net profit for the third quarter of FY26, helped by steady growth in advances, deposits and assets under management.The bank’s consolidated profit after tax (PAT) for the quarter ended December 31, 2025, stood at ₹4,924 crore, compared to ₹4,701 crore in the same period last year. On a quarter-on-quarter basis, profit increased by 10 per cent. The consolidated results include an estimated post-tax cost of ₹98 crore due to the new Labour Code. On a standalone basis, the bank posted a PAT of ₹3,446 crore…

27 Jan

Voluntary recall of 125cc Hybrid scooter models by Yamaha

Business BureauBusiness

India Yamaha Motor Pvt. Ltd. has announced a voluntary recall of 3,06,635 units of its 125cc hybrid scooter models to address a potential front brake-related issue, underscoring the company’s focus on customer safety. The recall covers scooters manufactured between May 2, 2024, and September 3, 2025, and is effective immediately. According to India Yamaha Motor Pvt. Ltd., the recall has been initiated after it was identified that, under certain operating conditions, the front brake caliper may exhibit limited function in select units. The issue affects the RayZR 125 Fi Hybrid and Fascino 125 Fi Hybrid models. Yamaha clarified that the…