Business - The Purbottar

10 Aug

Mahua Moitra Accuses Adani Group of Misleading Stock Exchanges Over Alleged Airline Ambitions

anuprova EditorBusiness

Trinamool Congress MP Mahua Moitra has launched a fresh attack on the Adani Group, accusing the conglomerate of "lying brazenly" to regulatory stock exchanges regarding its plans to enter the aviation sector. Taking to social media, the lawmaker shared a purported letter dated June 4 from Adani Airports to the Airports Authority of India (AAI). In the document, the conglomerate requested a regulatory waiver from the 2006 airport privatization agreement to allow Adani Defence & Aerospace or its affiliates to directly or indirectly establish, acquire, own, or control a scheduled airline in India. The controversy arises from an alleged contradiction…

10 Aug

Oriflame whitepaper highlights shift towards longevity science in skincare

Business BureauBusiness

Swedish beauty and wellbeing company Oriflame has released a new whitepaper titled *Beyond Anti-ageing: How Longevity Science Is Changing Beauty*, highlighting how advances in longevity science are reshaping the skincare industry by moving the focus from reducing visible signs of ageing to supporting lifelong skin health and wellbeing. The publication comes as the United Nations projects that the global population aged 80 years and above will triple by 2050, while many children born today are expected to live into their 90s. Against this backdrop, the whitepaper argues that the beauty industry must increasingly prioritise healthspan alongside lifespan through science-backed and…

08 Aug

Sennheiser rolls out discounts of up to 60% for Amazon Great Freedom Sale 2026

Business BureauBusiness

Audio technology brand Sennheiser has announced discounts of up to 60 per cent across a range of premium audio products as part of the Amazon Great Freedom Sale 2026, which begins on August 7. The company said customers will also be able to avail No Cost EMI for up to 24 months along with select bank offers during the sale. Among the featured products is the IE 100 PRO in-ear monitor, priced at Rs 6,799 with additional bank discounts. The MOMENTUM 4 wireless headphones will be available at an offer price of Rs 18,990 against an MRP of Rs 34,990,…

08 Aug

SRM University Sikkim opens admissions for online degree programmes

Business BureauBusiness

SRM University Sikkim has opened admissions for its 2026 batch of online undergraduate and postgraduate degree programmes, offering Bachelor of Business Administration (BBA), Bachelor of Computer Applications (BCA), Master of Business Administration (MBA) and Master of Computer Applications (MCA) courses through its Centre for Distance and Online Education (CDOE). The university said the programmes are approved by the University Grants Commission's Distance Education Bureau (UGC-DEB) and backed by a NAAC A+ accreditation, making them equivalent to traditional on-campus degrees. Graduates will also receive lifetime access to the SRM University Sikkim alumni network. The online courses feature industry-focused curricula with specialisations…

08 Aug

Turkish Airlines posts $197 million Q2 profit despite Middle East conflict

Business BureauBusiness

Turkish Airlines reported a net profit of USD 197 million in the second quarter of 2026, overcoming the adverse impact of the ongoing conflict in the Middle East through dynamic capacity management, higher passenger demand and strong cargo performance. The airline's total revenue rose 20.5 per cent year-on-year to USD 7.2 billion, while cargo revenue surged 58 per cent to nearly USD 1.3 billion as Turkish Cargo capitalised on increased global demand despite disruptions in air freight capacity. The carrier said its EBITDAR margin reached 12.6 per cent, exceeding its guidance of 8 per cent, while passenger load factor climbed…

08 Aug

Delhi High Court Halts FSSAI Directive Restricting Dabur’s ‘100%’ Product Labels

anuprova EditorBusiness

The Delhi High Court has granted interim relief to fast-moving consumer goods major Dabur India by staying a recent directive issued by the Food Safety and Standards Authority of India (FSSAI) that sought to restrict the company from using "100%" product claims. Presiding over the matter, Justice Amit Mahajan observed that the regulatory body's August 3 prohibitory order was passed without adhering to the fundamental principles of natural justice, noting that Dabur was given neither a prior show-cause notice nor an opportunity to be heard. The FSSAI order had previously directed Dabur to immediately halt the sale of several flagship…

07 Aug

Tetley Green Tea Slim Care taps growing demand for functional wellness beverages

Business BureauBusiness

The growing consumer preference for health-focused beverages is driving demand for functional teas, with brands introducing products that align with everyday wellness habits rather than quick-fix health solutions. Industry observers note that green tea continues to gain popularity as consumers increasingly seek beverages that offer added nutritional or functional benefits while fitting seamlessly into their daily routines. Building on this trend, Tetley has introduced Tetley Green Tea Slim Care, a functional green tea that combines premium green tea with added L-Carnitine. The product is designed to help reduce body fat when consumed alongside a balanced diet and regular physical activity.…

07 Aug

India outlines roadmap to deepen Africa partnership at Africa Day 2026

Business BureauBusiness

External Affairs Minister Dr. S. Jaishankar has outlined a future roadmap to strengthen India’s strategic partnership with Africa, reaffirming New Delhi’s commitment to expanding cooperation in trade, investment, development, defence and food security. He shared the vision while addressing African Heads of Mission and senior diplomats during the Africa Day 2026 celebrations held in the national capital on August 5. According to the Ministry of External Affairs, Dr. Jaishankar highlighted the historical and ideological foundations of India-Africa ties, recalling the shared struggle against colonialism and the enduring bond forged through the pursuit of freedom and human dignity. He said India…

07 Aug

2026 Bajaj Pulsar N160 Debuts With New S and SS Variants, Gets Starting Price of Rs 1.33 Lakh

sunny EditorBusiness

Bajaj Auto has introduced the 2026 Pulsar N160 lineup in the Indian market with prices starting at Rs 1.33 lakh (ex-showroom). The company has expanded the range by adding two new variants — Pulsar N160 S and Pulsar N160 SS. The N160 S has been positioned as the entry-level variant, while the higher-spec N160 SS is priced at Rs 1.42 lakh (ex-showroom). The newly launched Pulsar N160 S and N160 SS come with a host of technology upgrades. The N160 S features an LCD instrument cluster with turn-by-turn navigation, whereas the N160 SS gets a 5-inch TFT display with Google…

07 Aug

DSP Mutual Fund urges investors to look beyond returns in multi asset fund campaign

Business BureauBusiness

DSP Mutual Fund has launched a nationwide digital campaign aimed at encouraging investors to evaluate Multi Asset Allocation Funds based on their intended role in portfolio diversification rather than focusing solely on recent returns. The initiative comes amid rising investor interest in the category, with industry data showing that Multi Asset Allocation Funds accounted for 27% of net inflows into equity-oriented schemes during the January–March 2026 quarter, up from 21% in the previous quarter and 6% a year earlier. The fund house said its own investor transactions in Multi Asset Allocation Funds have tripled over the past year. After analysing…