Business - The Purbottar

07 Jan

Steel Sector Scrutiny Deepens as Antitrust Breach Found at Top Producers

Preeti SinghBusiness

India's competition watchdog has uncovered that leading companies in the steel market, including Tata Steel, JSW Steel, and State-run SAIL, along with 25 other firms, engaged in price-fixing practices that violate antitrust laws. A confidential document reveals that these collusions expose both the companies and their executives to the possibility of significant financial penalties. The Competition Commission of India (CCI) has found 56 senior executives, including Sajjan Jindal of JSW and T.V. Narendran of Tata Steel, along with four former chairpersons of SAIL, guilty of price collusion spanning from 2015 to 2023. This information is based on a CCI order…

06 Jan

NALCO share price jumps 4%

Purbalee DuttaBusiness

Shares of National Aluminium Company (NALCO) jumped over 4% to ₹344.85 apiece, a fresh 52-week high, on the NSE in Tuesday's trading session after global aluminium prices rallied to a new record level. Aluminium prices surged past $3,000-per-tonne at LME amid constrained supply, with limits on smelting capacity in China and output curbs in Europe stemming from high power costs, tightening global inventories. Meanwhile, demand remains resilient, underpinned by steady consumption from the construction and renewable energy sectors, according to a Bloomberg report. Since NALCO is a major aluminium producer in India, a rise in prices can improve the topline of the company.…

06 Jan

Nissan Motor India closes 2025 with strong export surge, records 15,372 sales in December

Business BureauBusiness

Nissan Motor India ended calendar year 2025 on a strong note, backed by record export performance and steady domestic demand. The company shipped 13,470 vehicles in December 2025, its highest monthly export volume in over a decade. Domestic wholesale stood at 1,902 units, taking total consolidated sales for the month to 15,372 units. Nissan said the growth reflects the continued success of its Made-in-India, export-driven strategy, led by the New Nissan Magnite compact SUV. Managing Director Saurabh Vatsa said 2025 was a year of consolidation supported by stable domestic sales and record exports. He added that Nissan is now preparing…

06 Jan

Yamaha announces special 70th anniversary price offer on R15 series

Business BureauBusiness

India Yamaha Motor has announced a special anniversary price benefit of ₹5,000 on its flagship R15 series as part of Yamaha Motor’s 70th Anniversary celebrations. The revised pricing, effective from January 5, brings the starting ex-showroom Delhi price of the Yamaha R15 series to ₹1,50,700. The announcement reinforces Yamaha’s strategy of expanding access to its premium performance motorcycle lineup among young Indian riders. The R15 has played a key role in shaping India’s entry-level performance motorcycle segment, with over one million units produced domestically. Known for its race-inspired design and everyday usability, the model continues to appeal strongly to sport-riding…

05 Jan

At The First Look During CES 2026, Samsung presents ‘Your Companion to AI Living’

Business BureauBusiness

Samsung Electronics has unveiled its “Companion to AI Living” vision at The First Look, its CES® 2026 event held in the Latour Ballroom at the Wynn Las Vegas. The focus of the event was on AI as Samsung’s philosophy, a foundation that connects the company’s R&D product development, operations and user experience. TM Roh, CEO and Head of Samsung’s Device eXperience (DX) Division, opened The First Look by describing the company’s AI leadership and how due to its vast, AI-enabled, connected ecosystem, Samsung can provide users with a true AI companion experience in their daily life. This approach gives users a…

05 Jan

Mother’s Recipe launches ‘MOM FU’ campaign to bring new flavours to North East kitchens

Business BureauBusiness

Mother’s Recipe, a legacy Indian food brand trusted by families for generations, has launched a new festive campaign titled “MOM FU: Maa ka pyaar in a new avatar” to promote its Recipe Sauces range across the North East. The campaign, which runs from December 22, 2025 to the first week of January 2026, focuses on blending exciting Pan Asian flavours with the warmth and familiarity of home-style cooking. The digital-led outreach is being rolled out across Guwahati, Dimapur, Agartala and Aizawl, with content crafted to suit local preferences and festive food habits. The initiative aims to build awareness of the…

03 Jan

TRAI assesses mobile network quality across Kolkata and 24 Parganas

Business BureauBusiness

The Telecom Regulatory Authority of India (TRAI) has released findings from its Independent Drive Test (IDT) conducted across Kolkata Telecom District and parts of North and South 24 Parganas in November 2025. The assessment covered 308.1 km of city routes, 10 hotspot locations and 2.6 km of walk testing, evaluating 2G, 3G, 4G and 5G services across urban, institutional and residential areas. The results showed Call Setup Success Rates of 100% for Jio, 99.81% for Airtel, 99.63% for Vi and 96.53% for BSNL. Drop Call Rates stood at 0.00% for Jio, 0.19% for Airtel, 0.37% for Vi and 2.46% for…

03 Jan

President Murmu launches ‘Skill the Nation Challenge’ to promote AI readiness across India

Business BureauBusiness

President Droupadi Murmu has announced the nationwide ‘#SkillTheNation Challenge’, calling on citizens, policymakers, educators and youth to participate in India’s Artificial Intelligence (AI) learning movement by enrolling in the SOAR (Skilling for AI Readiness) programme on the Skill India Digital Hub. She said the initiative would help India build future-ready talent and move towards a technologically empowered and inclusive society. SOAR, launched by the Ministry of Skill Development & Entrepreneurship in July 2025, offers structured micro-credential AI courses for students, teachers, professionals and lifelong learners. In six months, more than 1.59 lakh learners have enrolled, with thousands receiving certifications in…

02 Jan

Škoda Auto India clocks biggest-ever sales in Silver Jubilee year, records 107% growth in 2025

Business BureauBusiness

Škoda Auto India has reported its strongest performance to date in 2025, coinciding with its 25th anniversary in the country. The automaker sold 72,665 cars during the year, marking a 107% increase from 35,166 units in 2024. The growth was fuelled by strong demand for the Kylaq, continued popularity of the Kushaq, Slavia and Kodiaq, and the return of the Octavia RS, alongside rapid expansion of its network to over 325 customer touchpoints across 183 cities. Brand Director Ashish Gupta said the year reflected the “trust and love” of customers and highlighted the company’s sharper product strategy, wider market reach…

02 Jan

Tata Motors reports 21% sales growth in Q3FY26 with 1,15,577 units sold

Business BureauBusiness

Tata Motors has reported strong commercial vehicle sales for the third quarter of FY26, touching 1,15,577 units in domestic and international markets. This marks a 21% rise from 95,770 units sold in Q3FY25. The company also registered 42,508 units sold in December 2025, up 25% from 33,875 units in December 2024. Segment-wise performance remained robust. Heavy commercial vehicle (HCV) trucks rose 23% in Q3FY26 to 33,401 units, while ILMCV trucks saw a 26% rise to 20,033 units. Passenger carriers grew 7% to 10,691 units, and SCV cargo and pickups increased 15% to 43,793 units. Total domestic commercial vehicle sales reached…