Business - The Purbottar

02 Aug

Suzlon Energy shares upgrade over 6% after new order

editorBusiness, News

Suzlon Energy shares jumped over 6% on Friday afternoon after it received a new order of 381 MW from Zelestra India and its affiliates. The shares were trading 6.3% higher at ₹65 per share on the NSE. Suzlon Group has received an order of 381 MW from Zelestra India and its affiliates. The 381 MW project, which comprises 127 of Suzlon's S144 turbines, will be spread across Maharashtra (180 MW), Madhya Pradesh (180 MW) and Tamil Nadu (21 MW). The project is a part of SJVN's FDRE bid in Maharashtra and Madhya Pradesh, while the Tamil Nadu portion will serve…

02 Aug

Renault takes full control of Chennai plant, eyes India as global growth hub

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Renault Group has acquired full ownership of its Chennai-based Renault Nissan Automotive India Private Ltd (RNAIPL) plant by purchasing Nissan’s 51% stake, marking a pivotal step in its international expansion strategy. With India being the world’s third-largest automotive market, the Group aims to strengthen both local sales and exports, targeting the country as a central hub in its International Game Plan 2027. The move follows the recent inauguration of Renault's largest design center outside France and the launch of the new Renault Triber — the first of four new models planned for the Indian market. Stéphane Deblaise has been appointed…

02 Aug

Shopsy turns 4, surpasses 450M downloads, deepens reach into tier 4+ cities

Business BureauBusiness

Shopsy by Flipkart marked its fourth anniversary with a major milestone—crossing 450 million downloads and expanding delivery to over 19,000 pin codes across India. The platform, built for value-conscious shoppers, added 11.5 million new users this year, many from Tier 4+ regions such as Bhagalpur, Medinipur, Dunda, and Rajnagar, underscoring its growing rural footprint. With over 16 million products across 1,300+ categories, Shopsy continues to strengthen its "Bharat-first" selection strategy by curating regional catalogs that reflect hyperlocal needs and trends. Demand surged in kidswear (up 150%) and large appliances (up 20%), while the Grand Shopsy Mela and End of Season…

01 Aug

Aluminium futures prices upgrade on speculative trading

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New Delhi, Aluminium prices rose by 15 paise to Rs 250.60 per kg in futures trade on Friday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 15 paise, or 0.06 percent, to Rs 250.60 per kg in a business turnover of 4,461 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

01 Aug

Park Avenue unveils 4X premium perfume spray, eyes stronger hold in deodorant market

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Park Avenue Fragrances, a prominent brand under Godrej Consumer Products Ltd (GCPL), has launched "Amazon Woods," a 4X Premium Perfume Spray, marking a bold expansion in India's ₹2,800 crore deodorant market. With a renewed focus on high-performance yet affordable grooming products, the brand is targeting style-conscious men seeking long-lasting fragrances at deodorant price points. Priced at ₹225, Amazon Woods offers four times the perfume concentration per spray, combining citrus top notes with spicy and woody undertones. This launch redefines category expectations with its enhanced olfactory depth and premium packaging, supported by a new TVC featuring actor Ishaan Khatter. In Guwahati,…

01 Aug

SAP, IIMA ventures launch ‘North East Growth Labs’ to boost 75 social enterprises in Northeast

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SAP and IIMA Ventures have jointly launched the North East Growth Labs (NEGL), a major initiative aimed at supporting 75 social enterprises across India’s eight Northeastern states. The program focuses on strengthening ventures in agri-tech, education, and healthcare with a blend of catalytic funding, mentorship, and market access. The NEGL initiative, announced on July 30, leverages SAP’s Social Procurement framework and IIMA Ventures’ incubation model to foster inclusive development, climate resilience, and job creation in underserved regions. The effort is expected to support over 3,000 livelihoods and promote climate-positive growth. “The North East Growth Labs strengthens our commitment to sustainable…

01 Aug

Vi launches ‘Vi Finance’ to simplify loans, FDs and credit cards via Vi app

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Telecom giant Vi (Vodafone Idea) has launched Vi Finance, a new digital platform within the Vi App, offering seamless access to personal loans, fixed deposits, and credit cards. The service has been rolled out in collaboration with Aditya Birla Capital, Upswing Financial Technologies, and Credilio to address customers’ evolving financial needs. The initiative marks Vi’s foray into the digital finance ecosystem, transforming the Vi App into a one-stop solution for lifestyle and financial services. With a fully digital, paperless process, users can secure personal loans from ₹50,000, book FDs with interest up to 8.4%, and apply for credit cards from…

01 Aug

What’s the risk of lung cancer after quitting smoking ?

Business BureauBusiness

Dr Arvind Kumar, Chairman, Lung Transplant&Chest Surgery, Medanta – The Medicity The use of tobacco is one of the most severe public health challenges we face today, and its use is linked to more than 7 million deaths globally, making it a leading cause of preventable mortality. Millions more suffer from chronic illnesses and long-term health complications linked to tobacco use, such as cancer, cardiovascular diseases, and respiratory disorders. Tobacco use is one of the leading causes of death in India -- the second largest consumer and producer of tobacco. Lung cancer is fast becoming one of the most common…

31 Jul

Shares of DMart promoter Avenue Supermarts rose over 8% after opening new store in Punjab

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Shares of Avenue Supermarts Ltd, the parent company of DMart, rose 8.13% to hit an all-time high of ₹4,324.00 per share on the National Stock Exchange (NSE) on Wednesday, July 30. This sharp rise in the company's share price comes a day after it announced the opening of a new store in Pathankot, Punjab on Tuesday. Earlier this month, the company opened another store in Tathawade, Pune. With the opening of the new DMart, the total number of stores of the company has gone up to 426, as against 424 as on June 30, 2025. The company had opened nine…

31 Jul

Ultraviolette opens experience centre in Berhampore, boosts EV footprint in East India

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Marking a significant step in its East India expansion, Ultraviolette Automotive has inaugurated a state-of-the-art Experience Centre—UV Space Station—in Berhampore, West Bengal. This marks the company’s second centre in the state after Kolkata and strengthens its national footprint to 16 cities. The Berhampore UV Space Station, launched in partnership with A K Distributors Automobiles Pvt. Ltd., offers a full 3S facility—sales, service, and spares—delivering a complete electric motorcycle experience. Visitors can test ride and explore the F77 MACH 2 and F77 SuperStreet models, known for their high-performance specs, including a 40.2 hp powertrain, 100 Nm torque, and an IDC range…