Business - The Purbottar

16 May

TCS CEO K Krithivasan’s Salary Grows to Rs 28 Crore in FY26

anuprova EditorBusiness

Tata Consultancy Services (TCS) CEO and Managing Director K Krithivasan received a salary of Rs 28 crore for the fiscal year 2025-26, which is a 6.3% increase over the previous year, according to the company's latest annual report. His total remuneration for the fiscal year included a salary of Rs 1.67 crore, benefits, perquisites and allowances of Rs 1.43 crore and a handsome performance-linked commission of Rs 25 crore. The annual report noted that the CEO’s total earnings were 332.8 times the median compensation of the tech giant’s workforce. On the other hand, Tata Group and TCS chairman N Chandrasekaran…

16 May

The Silent Threat: How Fatty Liver Disease Escapes Early Detection

Business BureauBusiness

Dr. Adi Rakesh Kumar is a Consultant Gastroenterologist, Therapeutic Endoscopist & Endosonologist at Yashoda Hospitals, Hyderabad Says, One of the most common liver diseases in the world is fatty liver disease, also referred to as non-alcoholic fatty liver disease (NAFLD). Its silent nature—the majority of people are unaware of the condition until it reaches severe stages—makes it more worrisome. The liver is a resilient organ that carries out vital tasks such nutrient storage, metabolism, and detoxification. Excess fat builds up inside liver cells in fatty liver disease, which frequently has no symptoms at first. Fatty liver usually develops slowly, making…

16 May

Eden Gardens set for massive makeover, capacity to rise to 85,000

Business BureauBusiness

Kolkata’s iconic Eden Gardens stadium is set for a major infrastructure transformation as global architecture firm Populous unveiled an ambitious redevelopment plan aimed at turning the historic venue into a world-class sports and entertainment hub. The proposed redevelopment will increase the stadium’s seating capacity from 68,000 to 85,000 while introducing modern infrastructure focused on safety, fan experience and commercial expansion. The project includes more than 41,000 sq. ft. of hospitality space and 44,000 sq. ft. of non-match day facilities. Corporate hospitality seating is also expected to rise by 30 percent. Built in 1864 and known as the “Home of Indian…

16 May

Godrej launches India’s first multi Ion battery technology for electric forklifts

Business BureauBusiness

Godrej Enterprises Group has introduced India’s first Multi Ion battery technology for electric forklifts, aiming to boost sustainability and efficiency in the country’s rapidly expanding logistics and warehousing sectors. The technology was launched by the group’s Material Handling Equipment (MHE) business on May 14 in Mumbai. The company said the new battery technology has been designed to reduce total cost of ownership by 25 per cent while ensuring higher uptime and cleaner industrial operations. The battery is built to last for the entire operational life of the forklift, addressing the growing demand for reliable and energy-efficient solutions in manufacturing, warehousing…

15 May

Fuel Prices Soar as State-Run Oil Companies Scrap 4-Year Rate Freeze

anuprova EditorBusiness

Petrol, diesel prices hiked by up to ₹3/litre across India from Friday, May 15, 2026; first major hike in over four years Petrol prices hiked to Rs 97.77 from Rs 94.77 in the national capital, while diesel is now priced at Rs 90.67 per litre. Other major metros saw even higher increases as local taxes kicked in; petrol in Mumbai touched Rs 106.68 and Kolkata’s rates crossed Rs 108.74. The sudden spike follows a long period of price stability, with state-owned oil marketing companies (OMCs) taking huge losses to protect consumers from volatile global markets. The price revision is largely…

14 May

New energy rules make 2026 ACs more efficient, consumers advised to check star labels

Business BureauBusiness

With summer driving up demand for air conditioners across the country, consumers are being advised to pay closer attention to star ratings, manufacturing year and ISEER values while purchasing ACs, as revised energy efficiency norms introduced from January 1, 2026, promise better long-term savings on electricity bills. The Bureau of Energy Efficiency (BEE) has updated star rating standards for air conditioners for the 2026–2027 period, making new AC models nearly 10 per cent more energy-efficient than those manufactured in 2025 or earlier. Under the revised norms, a 5-star split AC manufactured in 2026 must have an ISEER value of 5.6,…

14 May

Illegal mosquito agarbattis pose bigger health risk than dengue, warn doctors

Business BureauBusiness

Illegal mosquito repellent agarbattis used in Indian households may be posing a greater immediate health threat than mosquito-borne diseases like dengue and malaria, according to a new public health study released ahead of National Dengue Day on May 16. The study, commissioned by the Home Insect Control Association (HICA) and conducted by market research firm Kantar, found that 70 per cent of doctors surveyed classified illegal mosquito agarbattis containing unapproved chemicals as a “major respiratory hazard”. The survey, conducted across 12 cities among 1,264 households and 405 doctors, revealed that while 95 per cent of households reported no dengue or…

14 May

TVS Motor Company posts 30% revenue growth in FY26, records highest-ever sales

Business BureauBusiness

TVS Motor Company has reported a 30 per cent rise in revenue for the financial year 2025-26, posting its highest-ever annual sales and revenue figures driven by strong growth across motorcycles, scooters and electric vehicles. The company recorded revenue of Rs. 47,270 crore in FY26 compared to Rs. 36,251 crore in the previous financial year. Operating profit before tax (PBT) rose 40 per cent to Rs. 4,975 crore from Rs. 3,563 crore in FY25, while operating EBITDA improved to 12.9 per cent. TVS Motor sold 58.89 lakh two-wheelers and three-wheelers during FY26, marking a 24 per cent increase from 47.44…

14 May

Sony launches BRAVIA 3II smart TVs in India with XR processor, 4K 120Hz gaming features

Business BureauBusiness

Sony has announced the launch of its new BRAVIA 3II television series in India, introducing advanced AI-powered picture processing and next-generation gaming features to its mid-premium smart TV lineup. The company said the new series is powered by Sony’s XR Processor™, designed to analyse content the way humans see and hear to deliver enhanced colour, contrast, depth and clarity. The BRAVIA 3II series comes with XR Triluminos Pro™, Dolby Vision®, Dolby Atmos®, DTS:X® and support for 4K 120Hz refresh rate aimed at improving cinematic viewing and gaming experiences. Sony said the television lineup will initially be launched in 55-inch and…

14 May

Net Receivables Hit ₹12,540 Crore as DLF Accelerates Development Pipeline

nanika EditorBusiness

India’s premier real estate developer, DLF Ltd, has announced a significant capital commitment of ₹21,300 crore to complete its ongoing residential projects. According to the company’s latest investor presentation, this investment will primarily target developments in the Delhi-NCR region, Mumbai, and the Chandigarh tri-city area, reinforcing DLF's position as a dominant force in the Indian property market. The financial breakdown reveals a robust liquidity position for the firm. While the pending cost to finish all launched projects is pegged at ₹21,300 crore, the company is set to receive ₹33,840 crore from customers against property sales. This leaves DLF with a…