Business - The Purbottar

13 Mar

Seagate launches next-gen Mozaic 4+ platform with up to 44TB hard drives to power AI-scale data growth

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Seagate Technology has announced its next-generation Mozaic™ 4+ storage platform, introducing the industry’s highest-capacity hard drives designed to support the rapid expansion of artificial intelligence and large-scale data centres. The company said the Mozaic 4+ platform, built on heat-assisted magnetic recording (HAMR) technology, is the only HAMR-based storage platform currently deployed at scale. The platform supports hard drives with capacities of up to 44TB and is already qualified and in production with two leading hyperscale cloud providers. Seagate said the new system incorporates a next-generation suspension architecture and an enhanced system-on-a-chip, enabling precise data recording at higher densities while maintaining…

13 Mar

TVS Motor launches Orbiter V1 electric scooter with BaaS model, price starts at Rs 49,999

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TVS Motor Company on Thursday expanded its electric vehicle portfolio with the launch of the TVS Orbiter V1, a new entry-level electric scooter powered by a 1.8 kWh battery. Along with the launch, the company also introduced Battery-As-A-Service (BaaS) across its EV portfolio to provide customers with a flexible ownership model. With the addition of the Orbiter V1 and the BaaS model, the company’s EV scooter range now starts at ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive subsidy). Customers opting without the BaaS model can purchase the scooter at ₹84,500 (ex-showroom Delhi). The BaaS option separates the vehicle cost from…

12 Mar

V-Guard’s Luxecube Water Heater wins German Design Award 2026

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V-Guard Industries Limited has won the prestigious German Design Award 2026 for its innovative Luxecube Water Heater. The award, presented by the German Design Council, recognises excellence in product design. The award ceremony was held in Frankfurt and brought together leading designers and industry experts from 17 nationalities. The 2026 edition of the awards received more than 3,900 entries from 57 countries, making it one of the most competitive global design platforms. V-Guard’s win highlights its focus on combining functionality, aesthetics and everyday usability in product development. This also marks the company’s second consecutive win at the German Design Awards…

12 Mar

Secret Caves and Russian Crude: India’s Strategic Shield Against the Middle East Oil Shock

anuprova EditorBusiness

As the conflict between Iran and Israel intensifies, threatening the world’s most critical energy artery—the Strait of Hormuz—India has activated a sophisticated, multi-layered defense strategy to safeguard its economy from a potential oil shock. Central to this "shock-proofing" effort is a network of secret, massive underground rock caverns known as Strategic Petroleum Reserves (SPR). Located deep beneath the earth in Visakhapatnam, Mangaluru, and Padur, these high-security "caves" hold approximately 5.33 million metric tonnes of crude oil, providing a vital emergency buffer that can sustain national demand for nearly ten days. These facilities are uniquely designed to be impervious to the…

12 Mar

Renault unveils ‘futuREady’ strategy, plans 36 new models and strong push for electrification by 2030

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Renault Group has announced a new global strategic plan titled “futuREady”, marking the next phase of its transformation as the company aims to strengthen its position as the reference European carmaker in an increasingly competitive automotive industry. The strategy builds on the success of the Renaulution plan launched in 2021, which helped the company regain momentum through product renewal and stronger brand positioning. Under the new roadmap, Renault Group plans to launch 36 new models by 2030, including 22 in Europe with 16 electric vehicles, while expanding its presence in key growth markets such as India, South America and South…

12 Mar

Malabar Group Chairman M.P. Ahammad honoured with Business Bhushan at Lokmat Maharashtrian of the Year Awards

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M.P. Ahammad, Chairman of Malabar Group, was conferred the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026 for his leadership in transforming the global jewellery retail industry and contributing to society.The award was presented at a ceremony held at the iconic Gateway of India in Mumbai. The event brought together policymakers, industry leaders and prominent personalities from business and entertainment. Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde were present at the event along with Lokmat Chairman Vijay Darda, ministers, bureaucrats and other distinguished guests.Presented by the Lokmat Media Group, the awards…

11 Mar

MSDE to host breakout session on skilling 1.5 lakh caregivers at post-budget webinar

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The Ministry of Skill Development and Entrepreneurship (MSDE) will host a breakout session on “Strengthening India’s Care Ecosystem: Skilling 1.5 Lakh Multiskilled Caregivers” during the Post-Budget Webinar on the theme ‘Sabka Sath Sabka Vikas – Fulfilling Aspirations of People’. The webinar is part of a series organised by the Ministry of Finance following the Union Budget 2026–27. The day-long webinar will be led and coordinated by the Ministry of Health and Family Welfare. Prime Minister Narendra Modi is scheduled to address the Post-Budget Webinar 2026–27 on March 9. The platform will bring together key stakeholders to discuss implementation strategies outlined…

11 Mar

Tata AIA launches ‘Shubh Flexi Pension Plan’ offering lifetime income with market-linked growth

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Tata AIA Life Insurance has launched the Shubh Flexi Pension Plan, a new retirement solution designed to provide guaranteed lifetime income along with market-linked growth opportunities, as rising life expectancy and healthcare costs reshape retirement planning in India. The plan aims to address growing concerns among individuals about outliving their savings while maintaining financial independence and lifestyle aspirations during retirement. With the Shubh Flexi Pension Plan, policyholders receive annuity payouts for life while also benefiting from market-linked returns through equity exposure linked to the NIFTY 50. Jeelani Basha, President and Chief Distribution Officer (CDO) for Alternate & Emerging Channels, Tata…

11 Mar

Yamaha rolls out Eid special offers on R15, FZ-S Fi Hybrid, RayZR and Fascino in West Bengal

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India Yamaha Motor has announced a range of special festive offers on its popular motorcycles and scooters in West Bengal ahead of the Eid celebrations, aiming to attract buyers looking for attractive deals during the festive season. In a press statement issued on March 10 from Chennai, Yamaha said customers can avail a 70th Anniversary Special Price on the Yamaha R15 series, offering savings of Rs 6,000 on the on-road price. The company has also introduced a special offer on the Yamaha RayZR 125 Fi Hybrid, providing savings of up to Rs 7,000, making the sporty scooter more accessible for…

11 Mar

Disney Cruise Line unveils ‘Disney Adventure’ in Singapore with grand star-studded christening

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Disney Cruise Line officially christened its newest and largest ship, Disney Adventure, in a dazzling celebration in Singapore, marking the company’s first vessel to homeport in Southeast Asia and signalling a major step in its global expansion strategy. The spectacular ceremony, held at the Walt Disney Theatre onboard the ship, blended music, storytelling and technology to showcase the magic of Disney, Pixar and Marvel. Guests witnessed a star-studded performance featuring a 23-piece orchestra, Hollywood Performing Arts Hall of Fame inductee Jed Madela and international recording artist Dami Im. The event also featured special appearances by Captain Mickey Mouse and Captain…