Business - The Purbottar

24 Oct

HYBE INDIA and BookMyShow Live announce Weverse Con Festival India debut in March 2027

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HYBE INDIA and BookMyShow Live have announced the inaugural edition of Weverse Con Festival India, scheduled for March 27–28, 2027, in New Delhi. The two-day event will mark the festival's first edition outside South Korea, bringing together international K-pop performers and Indian musical talent. The international lineup features ENHYPEN, TOMORROW X TOGETHER, LE SSERAFIM, Hwasa, Eric Nam, Bumzu, Dayoung, Lee Hyun, Lara of global girl group KATSEYE and Rhea Raj. Indian artists Gini, King, RANJ X Clifr, Reble and DJ Zelo will represent the country's diverse contemporary music scene. HYBE INDIA and BookMyShow Live will co-produce the festival alongside HYBE…

24 Oct

Godrej Properties Q2 Net Profit Drops 62% to ₹154 Crore Despite 38% Rise in Total Income

nanika EditorBusiness

Godrej Properties Ltd (GPL) reported its financial and operational performance for the second quarter of fiscal year 2027 (Q2FY27), revealing a mixed picture of declining short-term headline profits alongside robust operational growth. The company registered a 62 percent year-on-year decline in its consolidated net profit, dropping to ₹154 crore compared to ₹405 crore in Q2FY26. Similarly, its earnings before interest, tax, depreciation, and amortisation (EBITDA) fell 72 percent to ₹171 crore down from ₹614 crore in the corresponding period of the previous year. Despite the contraction in quarterly profits and EBITDA, GPL experienced a solid 38 percent increase in total…

24 Oct

Vikram Solar illuminates Kolkata Durga Puja pandal with Tagore’s words

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Vikram Solar Limited has partnered with Ahiritola Sarbojonin Sarodotsav 2026 as its title sponsor, combining Rabindranath Tagore’s literary legacy with solar energy under the campaign “EbarPujoRobirAloy” (This Pujo, in the Light of the Sun). Organised by Ahiritola Jubak Brinda, the festival features a solar-powered art installation illuminated by Vikram Solar panels. The installation showcases Tagore’s handwritten poem and will remain lit throughout the festival, linking Bengal’s cultural heritage with the potential of clean energy. The pandal was inaugurated on the evening of October 15 in the presence of senior government representatives, including Industry Minister Tapas Roy and Tourism and Cultural…

23 Oct

ICICI Life Insurance targets 20,000 women advisors by FY27-end under Narishakti initiative

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ICICI Life Insurance Limited plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative, aiming to expand its women-led distribution network and strengthen its agency business. Announced on the occasion of Navratri, the recruitment drive coincides with the second anniversary of the initiative, launched in 2024 to help women build careers as financial planners without upfront investment. As of September 30, 2026, the company had more than 78,000 women advisors, who accounted for around 32% of its total advisors but contributed approximately 45% of its agency business. Their contribution has crossed 50% in…

23 Oct

Philips Home Appliances offers gold every hour and diamonds daily in festive campaign

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Philips Home Appliances has launched its festive campaign, ‘Sone Pe Double Suhaga’, offering assured gifts on eligible purchases and opportunities to win gold worth ₹9,999 every hour and a diamond worth ₹50,000 every day. Announced on October 13, the campaign will run from October 11 to November 11, 2026, and is expected to reach more than 200 million consumers across 112 cities. Customers purchasing eligible Philips Home Appliances with a minimum maximum retail price (MRP) of ₹1,500 during the campaign period will qualify for an assured gift and a chance to win the precious rewards. The initiative builds on the…

23 Oct

Hero MotoCorp launches new Xtreme 160R 4V and refreshed Xtreme 250R to boost premium portfolio

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Hero MotoCorp has launched the all-new Xtreme 160R 4V and refreshed Xtreme 250R, strengthening its premium motorcycle portfolio with upgraded performance, advanced rider-assistance technology and revised styling. The Xtreme 160R 4V is powered by a 163cc, four-valve, oil-cooled engine producing 17.1 PS and 14.6 Nm of torque. Features include three riding modes, segment-first cruise control, dual-channel ABS, Panic Brake Alert and a new TFT console. Prices start at Rs 1.27 lakh for the Standard variant, with the Pro and Carbon variants priced at Rs 1.37 lakh and Rs 1.41 lakh, respectively. The refreshed Xtreme 250R features a 250cc liquid-cooled engine…

23 Oct

TVS Jupiter unveils festive campaign to showcase colour-shifting dual-tone scooter

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TVS Jupiter has launched a new television commercial, “The Sway Wave”, ahead of the festive season, highlighting the colour-shifting spectral finish of its recently introduced dual-tone scooter variant. Conceptualised by Dentsu India, the campaign features everyday people tilting and swaying to observe how the scooter’s colours change with viewing angles. The film concludes with the tagline “Har angle se naya”, reinforcing the variant’s distinctive visual appeal. Alongside its styling, the advertisement showcases practical features, including a comfortable pillion backrest and spacious under-seat storage. The campaign aims to build awareness of the new variant while strengthening TVS Jupiter’s positioning as a…

23 Oct

Coca-Cola India taps Gujarat’s Navratri market with brand activations and beverage experiences

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Coca-Cola India is expanding its consumer engagement initiatives across Gujarat during Navratri, leveraging the festive season to strengthen brand visibility and beverage sales opportunities through activations at Garba venues, pandals, local markets and popular gathering spots. The company will participate in prominent destinations, including the United Garba Mahotsav, recognised as the world’s largest Garba celebration, and Lukshmi Vilas Palace Heritage Garba. It has also partnered with Rang Morla by Aditya Gadhvi, a popular Ahmedabad Garbapandal, as its beverage partner. The venue will feature beverage stalls, a Maaza mixology station and a dedicated selfie zone. Coca-Cola’s Coke On Wheels initiative will…

23 Oct

Coca-Cola revives Kolkata’s traditional adda culture with ‘LaalMejhe’ this Durga Puja

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Coca-Cola India has launched ‘LaalMejhe’, a cultural initiative aimed at reviving Kolkata’s traditional adda culture during Durga Puja, recreating familiar neighbourhood gathering spaces where people can connect through conversations and shared experiences. Inspired by the courtyards, verandas and red oxide floors that have historically served as informal meeting places, the initiative seeks to bring back the spirit of unhurried conversations amid the city’s evolving urban landscape and festive bustle. While pandal hopping, food and celebrations remain central to Durga Puja, the initiative highlights spontaneous gatherings among friends, families and acquaintances as an integral part of Kolkata’s cultural identity. Designated LaalMejhe…

23 Oct

Nestlé India posts 20.5% sales growth, profit rises 36.3% in second quarter

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Nestlé India reported strong financial and operational performance in the second quarter of financial year 2026-27, with total sales rising 20.5% to Rs 6,782.2 crore, driven by robust double-digit volume growth across product groups. The company’s profit after tax increased 36.3% year-on-year to Rs 1,026.8 crore, while EBITDA margin stood at 23.8%. Domestic sales grew 20.4%, and earnings per share stood at Rs 5.32. Chairman and Managing Director Manish Tiwary said the company continued to invest in its brands, with advertising and marketing expenditure increasing 46%. He highlighted inflationary pressures, particularly food inflation, and said innovation, productivity and operational efficiencies…