Business - The Purbottar

12 Feb

Bandhan Life launches iInvest Ultima ULIP, introduces Mid Cap Fund at Rs 10 NAV

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Bandhan Life Insurance, the life insurance arm of the Bandhan Group, has launched a new Unit Linked Insurance Plan (ULIP) named iInvest Ultima along with a new Mid Cap Fund offering, aimed at helping customers build long-term wealth while ensuring financial protection. The New Fund Launch (NFL), available at a Net Asset Value (NAV) of ₹10, will remain open for subscription until February 18, 2026. The iInvest Ultima plan provides access to Bandhan Life’s 5-star and 4-star rated funds, which have outperformed industry benchmarks, along with features such as an Accidental Death Benefit Rider, loyalty rewards, and a return of…

11 Feb

South African Tourism strengthens India outreach with Kolkata roadshow, engages 220+ trade partners

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South African Tourism successfully concluded the Kolkata leg of its Annual India Roadshow after launching the initiative at OTM Mumbai, reinforcing India’s growing importance as a key source market. Led by Marketing and Communications Manager (MEISEA) Mitalee Karmarkar, the roadshow provided a strategic platform to deepen engagement with the Indian travel trade and identify new opportunities across leisure, corporate, and MICE travel segments. The event featured over 40 exhibitors showcasing diverse tourism offerings and attracted participation from more than 220 travel trade agents in Kolkata. The multi-city roadshow will next move to Delhi on February 12, aiming to further strengthen…

11 Feb

Inclusive workplaces key to strengthening mental wellbeing and productivity in India

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Efforts to build inclusive and mentally healthy workplaces in India are gaining momentum as organisations increasingly recognise that mental health and inclusion must go hand in hand. Experts emphasise that for LGBTQIA+ employees, workplace wellbeing is closely linked to identity, belonging, and the freedom to express their authentic selves without fear of judgement or discrimination. Progressive companies are moving beyond generic mental health frameworks and adopting policies that acknowledge diverse employee experiences shaped by gender, sexuality, disability, and neurodiversity. Measures such as extending healthcare benefits to partners, ensuring access to mental health professionals familiar with LGBTQIA+ concerns, creating gender-affirmation policies,…

11 Feb

Tata Motors begins operations at new Tamil Nadu plant; Range Rover Evoque first to roll out

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Tata Motors Passenger Vehicles Ltd. (TMPV) and its subsidiary Jaguar Land Rover Automotive Plc. (JLR) on Monday announced the commencement of operations at their new manufacturing facility at Panapakkam in Tamil Nadu’s Ranipet district. The plant marks the first phase of a greenfield project that will produce next-generation vehicles, including electric vehicles, for both Tata Motors and JLR brands. The first vehicle to roll out from the facility is the locally manufactured Range Rover Evoque, a globally popular luxury SUV known for its premium design and craftsmanship. The plant was inaugurated by Tamil Nadu Chief Minister M.K. Stalin in the…

11 Feb

Hyatt appoints S. Vidyashankar as Regional VP of Human Resources for India & Southwest Asia

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Global hospitality major Hyatt has appointed S. Vidyashankar as the Regional Vice President of Human Resources for India and Southwest Asia, reinforcing its leadership team as the company continues to expand across the region. With over 23 years of experience in hospitality human resources, including more than two decades with Hyatt, Vidyashankar is expected to play a key role in shaping the company’s regional people strategy. In his new role, he will work closely with regional and hotel leadership teams to strengthen leadership capabilities, nurture talent, and promote people practices aligned with Hyatt’s global purpose and values. The focus will…

11 Feb

Berger Paints posts stable Q3 revenue, profit margins face pressure amid demand fluctuations

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Berger Paints India Limited reported largely stable revenue growth for the quarter ended December 31, 2025, even as profits declined due to scale effects, continued brand investments and market uncertainties. According to the company’s Q3 results, consolidated revenue from operations stood at ₹2,984 crore, marginally up 0.3% from ₹2,975.1 crore in the same quarter last year. EBITDA remained almost flat at ₹471 crore, while net profit fell 8.3% year-on-year to ₹271.3 crore. On a standalone basis, revenue rose 0.4% to ₹2,595 crore, while net profit declined 2.5% to ₹298.4 crore. For the nine-month period ended December 2025, consolidated revenue grew…

11 Feb

DPDP compliance fast-track may hurt startups, investors flag risks at policy briefing

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Experts have cautioned that compressing compliance timelines under India’s Digital Personal Data Protection (DPDP) Rules could strain businesses and weaken investor confidence, particularly in the startup ecosystem. The concerns were raised during a media briefing hosted by InGovern Research Services. While industry stakeholders broadly welcomed the intent to strengthen data privacy, speakers warned that advancing implementation timelines from the originally proposed 18 months to 12 months — and in some cases immediate enforcement — could impose disproportionate operational and financial burdens. They stressed that DPDP compliance requires deep changes in technology architecture, governance systems and internal processes, not just paperwork.…

11 Feb

Royal Stag BoomBox Season 4 returns with multi-city music tour, Kolkata to host opening show

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Seagram’s Royal Stag BoomBox, the popular experiential music festival known for blending Bollywood melodies with hip-hop beats, is returning with its fourth season, promising its biggest edition yet. The multi-city tour will travel across four major youth hubs—Kolkata, Vizag, Mumbai and Mohali—bringing together leading Indian music artists and immersive fan experiences. Season 4 will begin in Kolkata on February 21, followed by Vizag on March 7, Mumbai on March 14 and Mohali on March 28. The festival will feature a star-studded line-up including Badshah, Armaan Malik, Divine, Neeti Mohan, Nikhita Gandhi, Rashmeet Kaur, Sreerama Chandra and legendary rock band Fossils.…

10 Feb

Nestlé India marks 50 years of MAGGI with commemorative postal stamp

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Nestlé India celebrated the completion of 50 years of MAGGI in India with the unveiling of a commemorative postage stamp, highlighting the brand’s long-standing presence in the country’s processed food market. The stamp was unveiled by Manish Tiwary, Chairman and Managing Director of Nestlé India, along with Chirag Paswan, Union Minister of Food Processing Industries. The commemorative stamp honours MAGGI’s five-decade journey, during which the brand expanded from instant noodles to a wide portfolio that includes masalas, sauces, soups and ready-to-cook products. The initiative, titled “50 Years of Togetherness,” recognises the brand’s role in shaping convenience food consumption across generations…

10 Feb

ABD Maestro debuts Rs 11-lakh limited edition 34-year-old single malt in India

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ABD Maestro Pvt. Ltd., the super-premium and luxury spirits company and a subsidiary of Allied Blenders & Distillers (ABD), on Wednesday announced the launch of its ultra-exclusive luxury series, ‘The Collective’, with the debut of a rare 34-year-old Speyside Single Malt Scotch whisky distilled at the Macallan Distillery in 1991. Co-founded by actor Ranveer Singh, the company has released only 60 hand-crafted and individually numbered bottles, each priced at ₹11 lakh (MRP in Maharashtra for 700 ml). The limited edition is being introduced as part of ABD Maestro’s strategy to position India as a key market for rare collectible spirits.…