Business - The Purbottar

20 Sep

Tata AIA launches Shubh Maha Life

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd., a leading life insurance company in India, today announced the launch of ShubhMaha Life, a Non-Linked, Participating Whole Life Savings Plan designed to meet financial needs across all stages of life. The plan offers high life cover during peak earning years, reduced cover during retirement, tax-free retirement income, and long-term critical illness protection. Kamal Bhardwaj, Chief Bancassurance Officer, Tata AIA Life Insurance, said, “ShubhMaha Life is tailored to grow with individuals—providing strong protection when responsibilities are highest, ensuring financial independence in retirement, and covering critical health needs. This launch underscores our commitment to delivering…

20 Sep

Medanta announces Northeast outreach, showcases AI-driven precision oncology

Business BureauBusiness

Medanta – The Medicity, Gurgaon, recognized by Newsweek as India’s Best Private Hospital for six consecutive years, has announced the expansion of its specialized oncology outreach in the Northeast with a strong focus on precision oncology powered by artificial intelligence (AI) and data analytics. At an awareness event in Dimapur on September 16, held in association with NGO Beyond Cancer and Christian Institute of Health Sciences and Research (CIHSR), Dr. Amit Bhargava, Director, Medical Oncology, presented recent advances that enable personalized treatment based on tumour DNA sequencing. He emphasized that AI-driven tools are transforming cancer care by predicting treatment responses…

19 Sep

Direct tax revenue upgrade by 9% to over ₹10.82 lakh crore

editorBusiness, News

New Delhi: Net direct tax collections in Delhi so far this financial year have increased by 9.18 percent to over ₹10.82 lakh crore, driven by higher advance tax collections from companies and public sentiment. Between April 1 and September 17, the rate of issuance of advance tax was 24 percent, accounting for ₹1.61 lakh crore. During this period, company directors' tax collections increased by 6.11 percent to over ₹3.52 lakh crore. However, non-corporate pre-tax collections contributed 7.30 percent to over ₹96,784 crore. Between April 1 and September 17, net company collections exceeded ₹4.72 lakh crore, compared to ₹4.50 lakh crore…

19 Sep

Streamlining Car Ownership: Nissan Partners with Spinny for Seamless Vehicle Exchange

Business BureauBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) has entered a strategic partnership with Spinny, India’s leading full-stack used car platform, making it a ‘Preferred Exchange Partner Platform’ across Nissan dealerships in India. This industry-first collaboration between an automobile OEM and a national-level used car aggregator aims to offer enhanced exchange benefits to customers while creating new business opportunities for dealer partners. This customer-centric initiative is part of Nissan Motor India’s broader strategy to bolster dealership performance and profitability through innovative and value-driven services. Under this partnership, customers who exchange their vehicles through Spinny - either at Nissan dealerships or directly via…

19 Sep

Madhu Lunawat launches MF Didi in Guwahati, aims to empower Assam’s women through financial inclusion

Business BureauBusiness

Madhu Lunawat, Founder of The Wealth Company Mutual Fund, brought her flagship initiative, MF Didi, to her hometown of Guwahati, marking a significant step in empowering women across Assam and Tier II and III cities. The nationwide roadshow, spanning Ahmedabad, Bhubaneswar, Patna, Mumbai, and Pune, now reaches the northeast with a focus on financial literacy, certification, and professional opportunities for women. Born and raised in Guwahati, Lunawat has been a pioneer in India’s financial sector, founding Pantomath Group and The Wealth Company Mutual Fund. MF Didi aims to train and certify women as mutual fund distributors under NISM V norms,…

19 Sep

SEBI Clean Chit Sends Adani Stocks Soaring, GQG Reaps Massive Gains

editorBusiness

GQG Partners was the first strategic investor in Adani Group entities following the Hindenburg Research study. Jain is the Chairman and Chief Investment Officer (CIO) at GQG Partners. Rajiv Jain's boutique-style investment firm GQG Partners, which owns Adani Energy Solutions, Adani Enterprises, Adani Ports, Adani Power, and Adani Green Energy Ltd, made strong notional gains of nearly Rs 1,840 crore after SEBI dismissed the Hindenburg allegations. These Adani scrips jumped up to 9%. The Adani group investor, which oversees $167.6 billion in funds, owned Rs 49,172 crore in Adani equities today compared to Rs 47,333 crore the day before, up…

19 Sep

Nissan confirms E20-compatible Magnite with warranty protection, strengthens push for sustainable mobility

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Nissan Motor India has reaffirmed its commitment to sustainable mobility by confirming that the New Nissan Magnite is fully E20 fuel-compatible, aligning with the Government of India’s green fuel initiatives. The company emphasized that both its powertrains — the 1.0L HR10 turbocharged petrol engine (E20 compliant since August 2024) and the BR10 naturally aspirated petrol engine (E20 compliant since February 2025) — are equipped to run smoothly on E20 fuel. The New Magnite has already earned recognition for safety with a 5-star GNCAP rating and recently introduced a segment-first 10-year warranty programme, underlining Nissan’s long-term commitment to customers. The company…

19 Sep

Sony India launches ‘Ab Kuch Cinematic Karte Hain’ campaign to revolutionize wedding videography

Business BureauBusiness

Sony India on Monday unveiled its new campaign, ‘Ab Kuch Cinematic Karte Hain’, aimed at empowering local wedding photo and video studios to bring cinematic quality to their craft. Celebrating the unsung heroes of Indian weddings, the campaign emphasizes the transition from legacy cameras to Sony’s FX30, the entry-level model in the Cinema Line, designed to offer professional features at an accessible price point. Mukesh Srivastava, Head of Imaging Business, Sony India, said, “Weddings are more than events — they are once-in-a-lifetime stories deserving cinematic storytelling. This campaign honours tradition while inviting studios to embrace the future.” The campaign film,…

19 Sep

Renault Group elevates India’s role with key leadership appointments in design and engineering

Business BureauBusiness

Renault Group India has announced two significant leadership appointments, underscoring India’s rising stature as a global hub for automotive design and engineering. The move highlights the company’s ambition to accelerate growth in one of the world’s most dynamic markets and strengthen cooperation with local teams. Dr. Vikraman V has been named Chief of Renault Engineering at Renault Nissan Technology & Business Centre India (RNTBCI), Chennai. With nearly two decades at Mahindra & Mahindra, where he led the Vehicle Mechanical Division, Dr. Vikraman brings expertise across EV and ICE platforms. He holds a PhD in automotive engineering from IIT Madras. Sandeep…

18 Sep

Cottonseed oil futures prices decrease due to weak demand

editorBusiness, News

New Delhi: Cottonseed oil cake prices fell by Rs 9 to Rs 2,914 per quintal in futures trade on Thursday as traders reduced their positions following a weak trend in the spot market. On the National Commodity Exchange (NCDEX), cottonseed oil cake contracts for December delivery fell by Rs 9, or 0.31 percent, to Rs 2,914 per quintal with a turnover of 13,320 lots. Analysts said selling by traders at current levels amid subdued market sentiment mainly led to the fall in cottonseed oil cake prices.