Business - The Purbottar

06 Jul

TVS Motor posts record quarterly sales as June dispatches jump 47%

Business BureauBusiness

TVS Motor Company reported its highest-ever quarterly sales for the first quarter of FY2026-27, selling 16.31 lakh units, driven by robust demand across domestic and international markets, strong growth in electric vehicles and a sharp rise in three-wheeler volumes. The company also recorded its highest-ever monthly sales in June 2026, with dispatches rising 47 per cent year-on-year to 5,90,003 units from 4,02,001 units in the corresponding month last year. Two-wheeler sales during the April-June quarter increased 27 per cent to 15.64 lakh units from 12.32 lakh units a year ago, while three-wheeler sales surged 48 per cent to 67,000 units.…

06 Jul

Renault India reports 55% rise in June wholesales, H1 sales jump 61%

Business BureauBusiness

Renault India, a wholly owned subsidiary of Renault Group, reported a strong sales performance in June 2026, with domestic wholesales rising 55 per cent year-on-year to 4,063 units. The automaker also posted a 61 per cent increase in first-half sales, reaching 25,844 units, extending its streak of double-digit monthly growth to ten consecutive months. The company attributed the sustained momentum to growing customer acceptance of its evolving product strategy and rising demand across its vehicle portfolio. The latest sales figures underscore Renault India's continued expansion in the domestic passenger vehicle market amid improving consumer sentiment. In another key development, Renault…

06 Jul

Knee preservation surgery restores mobility for West Bengal teenager

Business BureauBusiness

An 18-year-old patient from Barrackpore in West Bengal has successfully undergone a complex knee preservation surgery at Yashoda Hospitals, Somajiguda, to treat recurrent left knee instability caused by advanced trochlear dysplasia, a congenital knee abnormality that frequently leads to repeated kneecap dislocations. The patient had been suffering from persistent knee pain and instability following a slip-and-fall injury, affecting her mobility and daily activities. After detailed clinical and radiological evaluation, doctors diagnosed severe trochlear dysplasia and recommended a combined procedure involving left knee arthroscopy, trochleoplasty and Medial Patellofemoral Ligament (MPFL) repair. The surgery was successfully performed by Dr. Sunil Dachepalli, Clinical…

06 Jul

Maya Tata Likely to Lead Westside’s Digital Growth Strategy, Says Report

anuprova EditorBusiness

Maya Tata, daughter of Noel Tata, is reportedly set to play a key role in accelerating the digital expansion of Westside, the fashion and lifestyle retail chain operated by the Tata Group. According to reports, her increased involvement reflects the group's continued focus on strengthening its omnichannel retail presence and enhancing the customer shopping experience through digital innovation. As consumer preferences increasingly shift toward online and hybrid shopping, Westside is expected to invest further in technology-driven solutions, including e-commerce capabilities, digital marketing, personalized customer engagement, and seamless integration between its physical stores and online platforms. Industry observers believe Maya Tata’s…

04 Jul

Adani Enterprises Boosts Share Sale Amid Global Investment Surge

nanika EditorBusiness

Gautam Adani has significantly expanded his group’s capital-raising efforts, upsizing a qualified institutional placement (QIP) as part of a broader $15-billion investment push across ports, mining, and flagship businesses. The latest moves signal renewed momentum for the conglomerate after it moved past its recent US regulatory and legal challenges. Adani Enterprises, the group’s flagship company, increased its share sale by 50 percent to ₹15,000 crore from the originally planned ₹10,000 crore. The offering drew strong investor interest, attracting bids worth approximately ₹38,000 crore—nearly 3.8 times the issue size. Major global investors, including The Capital Group, Goldman Sachs Group, Vanguard Group,…

04 Jul

BBC Investigation Finds Instagram Ads Promoting Child Abuse Content in India

anuprova EditorBusiness

A BBC investigation has revealed that advertisements appearing on Instagram allegedly promoted child sexual abuse-related content to users in India, raising serious concerns about online safety and the effectiveness of content moderation on major social media platforms. According to the report, the ads directed users toward accounts, groups, or channels that appeared to facilitate access to illegal and exploitative material involving children. The findings have intensified scrutiny of the platform's advertising systems and automated review processes, with child protection advocates calling for stronger safeguards to prevent such content from being promoted. Experts warned that recommendation algorithms and advertising tools can…

04 Jul

Stayfree launches Xpert XL to expand menstrual hygiene range

Business BureauBusiness

Stayfree has expanded its menstrual hygiene portfolio with the launch of Stayfree Xpert XL, a new sanitary napkin designed to offer enhanced protection, comfort and convenience for women. The company said the product has been introduced nationwide as part of its efforts to address evolving consumer needs and changing lifestyles. The new Stayfree Xpert XL features a 3-in-1 protection system comprising Gel Lock Pockets for deep and instant absorption, an Air Soft Cover for improved comfort during use, and a compact, individually wrapped design that fits easily into a pocket while allowing convenient disposal. The product is available in packs…

03 Jul

Bandhan Large Cap Fund marks 20 years with focus on disciplined long-term investing

Business BureauBusiness

Bandhan Large Cap Fund has completed 20 years, marking a milestone in its long-term investment journey built around stability, disciplined portfolio management and wealth creation through investments in fundamentally strong large-cap companies. The fund said it has remained focused on quality businesses capable of delivering consistent growth while navigating multiple market cycles, including periods of volatility, correction and economic expansion. The fund follows its Business, Management and Valuation (BMV) investment framework, selecting companies with established business models, sound corporate governance, strong management teams and reasonable valuations. It also employs a five-parameter stock selection process that evaluates return on equity, long-term…

03 Jul

Venezuela Crisis: India Sends Message of “Vasudhaiva Kutumbakam” as a Global First Responder

Business BureauBusiness

India has launched "Operation Amistad" to deliver relief and medical assistance to northern Venezuela following the devastating earthquake that struck the region. As part of this humanitarian mission, two Indian Air Force C-17 aircraft have departed carrying a 41-member medical team, a field hospital unit, medicines, two BHISHM Cubes, and approximately 35 tonnes of relief supplies.In the wake of two successive devastating earthquakes in Venezuela (measuring 7.2 and 7.5 on the Richter scale), India has once again emerged as a global "first responder." The Spanish word Amistad means "friendship."External Affairs Minister Dr. S. Jaishankar wrote on his X (formerly Twitter)…

03 Jul

Ai+ Smartphone announces the next sale of its recently launched Nova 2 Neo and Nova 2 Pro

Business BureauBusiness

Ai+ Smartphone has announced the next sale of its recently launched Nova 2 Neo and Nova 2 Pro after both smartphones witnessed a complete sell-out during their first sale on Flipkart on June 26. The devices were unveiled on June 22 at India's Got Nova, the brand's flagship launch event hosted by renowned Gadget Guru Rajiv Makhni, featuring comedian & Youtuber Samay Raina alongside Madhav Sheth, CEO, Ai+ Smartphone. The event also brought together leading technology creators, reviewers, members of the media and consumers as part of Ai+ Smartphone's Open Review Program, reinforcing the brand's commitment to transparency and community-led…