Business

14 Aug

Bosch Power Tools expands customer support footprint with new experience centre in Kolkata

Business BureauBusiness

Bosch Power Tools India, in partnership with Concentrix, has inaugurated a new User & Customer Care (UCC) Centre in Kolkata, strengthening the power tools maker’s focus on customer experience and digital support capabilities. The new centre is designed to provide faster, seamless and consistent customer support through advanced digital capabilities and artificial intelligence-driven solutions. The partnership brings together Bosch’s market presence and Concentrix’s customer experience expertise to strengthen channel relationships, identify new growth opportunities and deliver measurable business outcomes. Sanmay Dasgupta, Regional President, Bosch Power Tools India & SAARC, said the centre represents an investment in the future of customer…

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14 Aug

Tata Motors clocks 23% revenue growth in Q1, commercial vehicle volumes surge 26%

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Tata Motors Ltd. reported a strong first quarter for FY27, with standalone revenue rising 23% year-on-year to ₹19,329 crore and EBITDA increasing 17% to ₹2,300 crore, despite severe commodity-cost pressures. PBT before exceptional items rose 26% to ₹2,057 crore, while profit after tax stood at ₹1,500 crore. The commercial vehicle maker generated ₹1,114 crore in free cash flow during the quarter, an improvement of ₹2,910 crore from Q1 FY26. Domestic business net cash stood at ₹7,100 crore after a ₹1,473-crore dividend payout, while consolidated revenue grew 19% to ₹20,667 crore and consolidated PAT jumped 83% to ₹2,600 crore, aided by…

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13 Aug

Bata India posts 23% rise in Q1 profit on premiumisation, volume growth

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Bata India reported a 23% year-on-year rise in profit after tax (PAT) to Rs. 637 million for the quarter ended June 30, 2026, compared with Rs. 517 million in the corresponding quarter last year, as the footwear major continued its growth momentum for the third consecutive quarter. Revenue rose around 4% year-on-year to Rs. 9,789 million in Q1 FY27. Profit before tax excluding one-offs increased over 22% to Rs. 906 million from Rs. 745 million. One-off expenses included a Rs. 27 million non-cash forex loss on licence fees and Rs. 24 million towards one-time ERP implementation costs. Operating cash profit…

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12 Aug

After US Case Dismissal, Adani Highlights Trust, Values and Commitment

nanika EditorBusiness

Adversity Strengthened Faith in Rule of Law, Says Gautam Adani Adani Group Chairman Gautam Adani said the recent dismissal of the US criminal case against him and his nephew Sagar Adani reinforced his faith in the rule of law and strengthened his belief in upholding commitments during difficult times. Speaking to employees and partners, Adani said the experience left him with humility rather than a sense of triumph. Reflecting on the challenges faced by the group since the Hindenburg Research allegations in 2023, he highlighted the importance of values, trust and responsible decision-making. He recalled the group’s decision to withdraw…

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12 Aug

IndiaFirst Life launches GOLD Term Plan with whole-life cover, wellness and family benefits

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IndiaFirst Life Insurance Company Limited on Tuesday launched the IndiaFirst Life GOLD Term Plan, a protection-focused insurance product combining life cover, wellness services and family-oriented benefits. The plan offers customers a choice between Life Cover and Life Cover with Return of Premium. Under the Life Cover option, policyholders can extend protection up to 99 years of age. The product also provides Soulmate Protection, offering additional life cover for the spouse in the event of the policyholder’s death. A Smart Exit Option allows eligible customers to exit during a specified period and receive 100% of premiums paid, subject to policy terms…

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12 Aug

United Breweries commits Rs 1 crore to Assam flood relief as recovery efforts continue

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United Breweries Limited (UBL), part of the HEINEKEN Company, has contributed Rs 1 crore towards Assam’s flood relief efforts, supporting the state government’s ongoing rehabilitation and recovery work for affected communities. UBL Managing Director and Chief Executive Officer Vivek Gupta handed over the contribution to Assam Chief Minister HimantaBiswaSarma during a meeting in Guwahati on Tuesday. The funds will support relief and rehabilitation measures for communities impacted by this year’s floods, which have displaced families and caused damage to homes, farmland and local infrastructure across several districts. Gupta said Assam has remained an important part of UBL’s journey, with Kingfisher…

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12 Aug

Eveready takes ‘Chalo SHOR Machate Hai’ campaign to Darbhanga farmers

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Eveready Industries India Ltd. has taken its rural consumer outreach campaign, ‘Chalo SHOR Machate Hai!’, to Benipur Mandi in Darbhanga, Bihar, showcasing its Shor Torch DL190 through live demonstrations and interactive engagements. The two-day activation, which began on August 10, aims to familiarise farmers with the rechargeable torch’s crop-protection features designed to help deter animal intrusion into agricultural fields. The Shor Torch DL190 comes with a 100 dBA animal alarm, a 5W front torch with a 1-km beam, a 3W side light and red UV strobe functionality. It is powered by a 3,600 mAh rechargeable Li-ion battery with Type-C fast…

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12 Aug

HP India launches OmniPad 12 at Rs 48,999, targets students and mobile professionals

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HP India has announced the availability of the HP OmniPad 12, an India-first 2-in-1 device aimed at students, first-time users, MSMEs and young professionals seeking laptop-like productivity with tablet portability.The device features a detachable keyboard, allowing users to switch between a touch-based tablet and laptop-style setup. It is powered by Qualcomm Snapdragon processors and runs on Android 16. The OmniPad 12 sports a 12-inch 2K multi-touch display with a 16:10 aspect ratio, up to 400 nits brightness and a refresh rate of up to 90Hz. The device offers up to 18 hours of battery life and weighs 600 grams in…

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12 Aug

Bandhan Mutual Fund launches contra fund to target undervalued opportunities

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Bandhan Mutual Fund has announced the launch of the Bandhan Contra Fund, an open-ended equity scheme that follows a contrarian investment strategy aimed at identifying fundamentally strong companies that are temporarily out of favour due to market sentiment, sectoral challenges or macroeconomic uncertainties. The New Fund Offer (NFO) will open on August 10 and close on August 24, with investments available through mutual fund distributors, online platforms and the fund house's direct platform. The fund seeks to capitalise on businesses that have the potential for valuation re-rating as earnings improve and investor perception changes over time. According to the asset…

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12 Aug

Redmi Note 17 launched with 8,000mAh battery, 120Hz AMOLED display at Rs 24,999

Business BureauBusiness

Xiaomi India on Tuesday launched the REDMI Note 17 5G, featuring the brand’s biggest-ever 8,000mAh silicon-carbon battery, a 120Hz TrueColour AMOLED display and Snapdragon 4 Gen 4 processor. The company said the smartphone is designed to deliver up to three days of typical usage while retaining a slim 8.4mm profile. The device supports 45W turbo charging, with the charger included in the box, along with 22.5W reverse wired charging. Its battery is rated to retain up to 80% health after 1,600 charging cycles. The 6.9-inch AMOLED display offers 100% DCI-P3 colour gamut, up to 1,800 nits peak brightness and a…

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