Business - The Purbottar

24 Jul

Aashirvaad honours Vishwakarma Maharanas with immersive RathYatra campaign

Business BureauBusiness

Aashirvaad, India's packaged atta brand, has launched 'GunatmakaParamparaa', an immersive cultural campaign inspired by the centuries-old RathNirman tradition of Odisha, paying tribute to the VishwakarmaMaharana community, the master craftsmen who build Lord Jagannath's sacred chariots for the annual PuriRathYatra. The initiative celebrates generations of craftsmanship, precision and quality while reinforcing the brand's promise of "Quality Ki Guarantee." Inspired by the meticulous process of Rath construction, the campaign draws a symbolic connection between the wheel of Lord Jagannath'sRath and the traditional stone chakki, highlighting shared values of quality, dedication and nourishment. The immersive experience features a 360-degree hemispheric projection dome that…

23 Jul

Kerakoll expands H40 adhesive portfolio in India with new high-performance solutions

Business BureauBusiness

Kerakoll, a global manufacturer of sustainable building solutions, has strengthened its flagship H40 family of tile adhesives in India by introducing two new products—H40 Extreme and H40 Tech—alongside its established H40 Gel, as the company looks to address the evolving requirements of the country's construction and infrastructure sectors. Announcing the expansion on Monday, the company said H40 Gel has emerged as a benchmark product in the tile adhesive category, known for its superior workability, durability and multi-purpose application. Powered by gel technology, the adhesive offers optimal consistency, total wettability and enhanced adhesion, making it suitable for a wide range of…

23 Jul

Bengal Group’s Swiss Tower Site Set for Acquisition by Pubali Bank

nanika EditorBusiness

Pubali Bank is set to acquire Bengal Group of Industries’ 26-storey Swiss Tower located at Tejgaon-Gulshan Link Road in Dhaka for Tk800 crore. The development was revealed through a price-sensitive information disclosure approved by the bank’s board and published on Tuesday. According to the disclosure, the property is situated at 208, Tejgaon Gulshan Link Road. However, the proposed transaction will require approval from Bangladesh Bank and other relevant regulatory authorities before completion. The building is currently being developed by Bengal Hotel and Resort, a concern of Bengal Group of Industries, for the planned five-star Swissôtel Dhaka project. Sources said the…

23 Jul

Mobavenue AI unveils new identity and launches Neural Engine to reshape AI-driven advertising

Business BureauBusiness

Mobavenue AI Tech Limited, an AI-native advertising and marketing technology company listed on the BSE, has unveiled a new brand identity alongside the launch of the Mobavenue Neural Engine, an artificial intelligence-powered intelligence layer designed to help marketers plan, execute and measure advertising campaigns from a single platform.The company said the rebranding reflects its evolution from a bootstrapped Mumbai-based digital marketing startup into a global AdTech platform operating across more than 10 markets with over 200 employees serving 150-plus brands. Founded by TejasRathod and Kunal Kothari, with Ishank Joshi later joining as the third founder, Mobavenue transitioned from a services-led…

23 Jul

Edelweiss Life posts highest-ever claim settlement ratio in FY26

Business BureauBusiness

Edelweiss Life Insurance has reported its highest-ever Claim Settlement Ratio (CSR) of 99.31 per cent for FY26, marking the fourth consecutive financial year in which the insurer maintained a claim settlement ratio above 99 per cent. The company also achieved zero claim pendency, indicating that every death claim received during the financial year was resolved, reinforcing its commitment to timely claim settlements and customer support. The Claim Settlement Ratio is a key indicator of an insurer’s ability to honour death claims, reflecting the percentage of claims settled against the total claims received. During the year, Edelweiss Life further strengthened its…

23 Jul

Motorola launches edge 70 max with Snapdragon 8 Gen 5 at Rs 49,999

Business BureauBusiness

Motorola has expanded its premium smartphone portfolio in India with the launch of the motorola edge 70 max, a flagship device powered by Qualcomm's Snapdragon 8 Gen 5 processor. Priced at an effective introductory price of Rs 49,999, the smartphone will go on sale from July 20 through Flipkart, Motorola.in and leading retail stores across the country. The edge 70 max features a 6.8-inch Quad HD+ (2K) LTPO AMOLED display with up to 7,000 nits peak brightness and a 144Hz refresh rate, alongside a 7,100mAh silicon-carbon battery supporting 90W TurboPower charging and 25W Qi2.2 magnetic wireless charging. The handset also…

23 Jul

Fatty Liver and Reflux in Young Adults: What’s Driving the Trend?

Business BureauBusiness

Dr. Naveen Polavarapu, Sr. Consultant Medical Gastroenterologist, Liver Specialist & Lead Advanced Endoscopic Interventions & Training Lead Clinical Director, Hyderabad says, Fatty liver disease and gastroesophageal reflux disease (GERD) are increasingly common in young adults—a trend driven by lifestyle, environment, and shifting health patterns. Nonalcoholic fatty liver disease (NAFLD) now affects a growing proportion of people in their 20s and 30s, while reflux symptoms once associated with older age are appearing earlier and more often. One major driver is diet. Greater consumption of processed foods, sugar-sweetened beverages, and high-calorie convenience meals increases calorie intake and promotes fat accumulation in the…

23 Jul

Royal Stag becomes world’s largest-selling whisky brand in 2025

Business BureauBusiness

PernodRicard India on Friday announced that its flagship brand Royal Stag has been ranked the world's largest-selling whisky brand for calendar year 2025, according to the latest IWSR 2025 rankings. The brand recorded annual sales of 32.6 million cases during the year, marking a significant milestone in its three-decade journey.Commenting on the achievement, Jean Touboul, CEO of PernodRicard India, said the recognition reflects the trust consumers have placed in Royal Stag over the past 30 years. He said the brand's success demonstrates how continuous innovation, cultural relevance and evolving with consumer aspirations have enabled it to emerge as a global…

22 Jul

Ankur Jain Steps Down as Bira 91 Founder Following Lenders and Investors Settlement

anuprova EditorBusiness

Ankur Jain, the founder and Chief Executive Officer of Bira 91 parent B9 Beverages, has stepped down from the company's board and executive leadership following a full settlement with institutional investors and lenders. The agreement resolves a two-year corporate dispute involving nearly 30 stakeholders, paving the way for the debt-laden craft brewer to undergo a comprehensive recapitalization and management restructuring. As part of the deal, Jain and the promoter family will surrender their executive powers along with their 17.8% ownership stake in B9 Beverages. In return, lenders—including Anicut Capital and Hero Corporate Services—and key shareholders like Peak XV Partners and…

22 Jul

Vedanta Loses Legal Challenge Over Suvali Oil Block Contract Extension

nanika EditorBusiness

The Delhi High Court on Wednesday upheld the Centre’s decision to deny an extension of the Production Sharing Contract (PSC) for Vedanta Ltd’s offshore Suvali oil block in Gujarat and allow Oil and Natural Gas Corporation Ltd (ONGC) to take over operations. Justice Purushaindra Kumar Kaurav dismissed Vedanta’s petition challenging the Ministry of Petroleum and Natural Gas’s September 19, 2025 order, which rejected the company’s 2021 application seeking a 10-year extension of the PSC signed on June 20, 1998. Vedanta had requested an extension of the contract until June 29, 2033. The company had previously received five interim extensions, with…