Business - The Purbottar

23 Sep

Groww accounts for 41% of Sikkim’s active investor base

Business BureauBusiness

Digital investing is gaining ground in Sikkim, with Groww accounting for 41% of the state’s active investor base on the National Stock Exchange (NSE) as of June 2026, according to data released by the investment platform. The figure means around two in every five active investors in the state invest through Groww. The development comes amid growing adoption of digital investment platforms across the Northeast, supported by increasing smartphone use, internet penetration and financial awareness. Groww users account for nearly 24% of the NSE investor base of 36.31 lakh across the eight northeastern states. Sikkim recorded the highest share at…

23 Sep

Groww accounts for more than one-fifth of Assam’s active investor base

Business BureauBusiness

Digital investing is gaining ground in Assam, with Groww accounting for more than 20 per cent of the state’s active investor base on the NSE as of June 2026, the investment platform said. The figure means around one in every five active investors in Assam invests through Groww. The development comes amid growing digital connectivity, smartphone adoption and financial awareness across the Northeast. Groww users account for nearly 24 per cent of the NSE investor base of 36.31 lakh across the region’s eight states. Sikkim recorded the highest share at 41 per cent, followed by Arunachal Pradesh at 40 per…

23 Sep

TVS Motor rolls out festive upgrades across Apache and Ronin motorcycle range

Business BureauBusiness

TVS Motor Company has introduced a series of upgrades across its premium motorcycle portfolio, including the TVS Apache and TVS Ronin, ahead of the festive season. The company said the TVS Apache range, which has more than 7 million riders across 90 countries, has been enhanced with new features focused on safety, connectivity, convenience, rider control and design. The Apache RTR 160 now gets traction control, hazard lamps and LED TSLs, while the RTR 160 4V features a TFT display with Google Map Mirroring, Panic Brake Alert and Type-C charger. The RTR 200 4V adds front adjustable USD suspension alongside…

23 Sep

India’s first-home buying age falls as Gen Z home loan borrowers rise 86%: Kotak

Business BureauBusiness

The age at which Indians are buying their first homes appears to be falling, with Gen Z emerging as the fastest-growing segment among younger home loan borrowers, according to data from Kotak Mahindra Bank. The bank said the number of home loan borrowers aged 25-30 years increased 86% between FY24 and FY26, rising from 1,234 to 2,290. Their share of Kotak’s individual home loan borrowers also increased from 6% to 9%, while borrowers aged 30-45 years grew 26% during the same period. Kotak Mahindra Bank Head – Home Loans NakulSaxena said younger borrowers were entering the housing market with greater…

23 Sep

7 in 10 urban Indians want to retire early, but retirement corpus remains a concern

Business BureauBusiness

Seven in 10 urban Indians aspire to retire before the traditional retirement age of 58-60 if their financial needs are adequately met, while half of them want to achieve Financial Independence and Retire Early (FIRE) before 50, according to the sixth edition of Axis Max Life Insurance’s Bharosa Talks India Retirement Index Study (IRIS 6.0), conducted with Kantar. The study found that overall retirement preparedness remained resilient, with the IRIS score rising to 49 in 2026 from 48 in 2025 and 44 in 2022. However, respondents had accumulated only 28% of their targeted retirement corpus on average. Only 11% believe…

23 Sep

SP Group Seeks ₹3,500 Crore as Tata Sons Stake Monetization Remains Unclear

nanika EditorBusiness

Shapoorji Pallonji Group (SP Group) continues to face funding pressure as it seeks an additional ₹3,500 crore to meet a debt payment due in October, amid uncertainty over the future of Tata Sons and the potential monetization of its roughly 18% stake in the Tata Group’s holding company. The group is reportedly in talks with lenders to exercise a greenshoe option on an existing ₹21,350 crore financing facility, with Deutsche Bank expected to provide a substantial portion of the additional funding. SP Group has also sought to extend the repayment deadline and is seeking a further extension of the 40%…

23 Sep

Dreame launches X60 Ultra Complete robot vacuum in India at ₹1.34 lakh

Business BureauBusiness

Dreame Technology has launched its flagship X60 Ultra Complete robot vacuum in India at ₹1,34,999, positioning the device as its thinnest robot vacuum and a high-powered whole-home cleaning solution. The product will be available on the Dreame India website from September 22 and on Amazon India from September 27, besides Croma and select retail stores. The X60 Ultra Complete measures 7.95 cm in height and features a retractable DToF sensor and AI-powered binocular obstacle avoidance capable of detecting more than 280 objects. Its Dual Flex Arm Technology is designed to extend cleaning into corners, while the FlexiAdapt system enables it…

22 Sep

Royal Enfield strengthens Classic 350 portfolio with new Signature White edition

Business BureauBusiness, Latest

Royal Enfield has strengthened its presence in India’s mid-size motorcycle market with the introduction of the 2026 Classic 350 ‘Signature White’ edition, adding premium styling and rider-focused features to its established Classic range. The company, which operates in the 250cc–750cc mid-size motorcycle segment, has positioned the new edition as one of the top-end variants of the Classic 350. The Signature White edition is equipped with premium brown touring seats for the rider and pillion, while its styling package includes a new Classic logo unit on the side panel, a stencil-style decal on the fuel tank and Royal Enfield badges on…

22 Sep

ICICI Prudential Life posts 99.31% claim settlement ratio in Q1-FY2027

Business BureauBusiness

ICICI Prudential Life Insurance reported a claim settlement ratio of 99.31% in Q1-FY2027, the highest among leading life insurers in India based on public disclosures through Form L-39 and L-40. The insurer settled individual death claims worth Rs.414.08 crore during the quarter, while its average claim value stood at around Rs.15 lakh, which the company said was the highest among leading life insurers during the period. For non-investigated claims, the average settlement turnaround time was one day from the date of receipt of the last document. Mr. Sarang Gokhale, Chief - Underwriting and Retail Claims, ICICI Prudential Life Insurance, said,…

22 Sep

PlatinumRx says Indian families may be overlooking the annual cost of chronic medicines

Business BureauBusiness

Indian families often do not track the cumulative cost of medicines taken for chronic conditions despite recurring monthly expenses, according to data shared by affordable chronic medications platform PlatinumRx. The company said a household spending ₹5,000 a month on medicines for conditions such as diabetes or hypertension could spend about ₹60,000 annually. PlatinumRx said its model of sourcing the same salt compositions directly from GMP-certified manufacturers and eliminating distributor and stockist markups can reduce medicine costs by up to 60%, potentially bringing a ₹5,000 monthly bill down to around ₹2,000. “Most families don't realise how much a chronic condition costs…