Business - The Purbottar

17 Aug

Ola Electric Unveils New Battery Storage Solutions from Home to Grid

nanika EditorBusiness

Ola Electric has unveiled an expanded Shakti energy storage portfolio aimed at enabling energy to be stored when available and deployed when needed, from powering homes during outages to supporting renewable energy at grid scale. Announced on India’s 80th Independence Day, the portfolio is built around indigenous lithium iron phosphate (LFP) battery technology and Ola Electric’s vertically integrated cell-to-system capabilities. Ola Shakti comprises three solutions designed for different applications: Shakti Gen2 for home energy storage, Shakti Rack for commercial and infrastructure requirements, and Mahashakti for industrial and utility-scale applications. Ola Electric Chairman and Managing Director Bhavish Aggarwal said the company’s…

17 Aug

Mahindra launches BLAZO i-TRK with 48-hour uptime guarantee and up to ₹15 lakh profit potential

Business BureauBusiness

Mahindra Truck and Bus, part of the Mahindra Group, has launched the BLAZO i-TRK, a new-generation heavy commercial vehicle positioned as a “Profit Ka Rocket” for transporters and fleet owners. The company said the truck combines fuel efficiency, performance, connected technologies and service assurances to help customers earn more, run more and control more. The BLAZO i-TRK offers up to 10% better fuel efficiency and has the potential to generate up to ₹15 lakh additional profit per truck over five years, according to Mahindra. It features the 7.2-litre, 320 HP mPOWER engine producing 1,100 Nm torque, along with TurboMAXX, OptiFuel…

17 Aug

Turkish Airlines expands China network with new Chengdu service

Business BureauBusiness

Turkish Airlines is expanding its presence in China with the launch of scheduled flights to Chengdu, the capital of Sichuan Province, from November 11, 2026. Chengdu will become the airline’s fourth mainland Chinese destination after Beijing, Shanghai and Guangzhou, strengthening its connectivity with one of the country’s major business and technology centres. The airline will operate three weekly Istanbul-Chengdu services using Boeing 787-9 Dreamliner aircraft, with 300 seats comprising 30 Business Class and 270 Economy Class seats. Flights from Istanbul will operate on Wednesdays, Fridays and Sundays, while return services will run on Mondays, Thursdays and Saturdays. Chengdu, home to…

17 Aug

Elara project gains traction in India, with strong Northeast audience

Business BureauBusiness

Author and investigator Michael Evans’ Elara: How Losing Herself Became the Road Back Home is gaining visibility in India, with the Kindle edition reaching No. 11 in Amazon India’s True Accounts category and entering the Top 100 in Self Help. Evans said more than one million of his YouTube subscribers are in India, with Nagaland and Meghalaya contributing the largest share, while his global audience has crossed 3.6 million female subscribers. The growing Northeast connection has also shaped the Elara Mother Daughter Healing Project, with Meghalaya-based creators Anita Dorjee, Maya Chettri and Chandi Gorh, and Nagaland’s Vinikali Wotsa contributing perspectives…

17 Aug

Lenskart launches ‘Drishti Ki Daud’ to turn everyday steps into glasses for those in need

Business BureauBusiness

Lenskart has launched ‘Drishti Ki Daud—Run for Vision’, a nationwide virtual run on August 15 and 16 aimed at linking everyday fitness with a social campaign to improve access to vision care in India. Under the Independence Day initiative, Lenskart will donate prescription glasses through its non-profit arm, Lenskart Foundation, based on participants’ steps recorded through the Lenskart app. Participants completing 20,000 steps will unlock one pair of glasses, while 30,000, 40,000 and 50,000 steps will correspond to two, three and four pairs, respectively. The company said more than 350 million Indians cannot afford vision care. Participants can join through…

14 Aug

Barbeque Nation opens 20th West Bengal outlet in Berhampore

Business BureauBusiness

Barbeque Nation, one of India’s leading casual dining chains, has expanded its presence in West Bengal with the launch of its new outlet at Mohan Mall, Gorabazar, Sahid Surya Sen Road in Berhampore, Murshidabad. Spread across 3,079 square feet, the new restaurant can accommodate up to 97 guests and is positioned as a dining destination for family gatherings, corporate lunches and other occasions. The outlet features vibrant and contemporary interiors and offers the brand’s signature eat-all-you-can buffet. The buffet includes a range of vegetarian and non-vegetarian dishes across starters, main course, desserts and live counters. The menu features local and…

14 Aug

Mobavenue AI Tech Q1 revenue jumps 56.9% as profit nearly doubles

Business BureauBusiness

Mobavenue AI Tech Limited reported a 56.9% year-on-year increase in consolidated revenue to ₹728 million for the quarter ended June 30, 2026, while profit after tax (PAT) nearly doubled to ₹117 million, reflecting continued growth in its AI-led advertising and consumer technology business. EBITDA rose 77% year-on-year to ₹154 million, with the EBITDA margin expanding 240 basis points to 21.2%. PAT margin also improved to 16.1%, up 320 basis points from a year earlier. Sequentially, revenue increased 16.3%, while EBITDA rose 15.8% and PAT grew 39.3%. The company said growth was driven by demand from direct advertisers in sectors including…

14 Aug

Indriya names Krithi Shetty brand ambassador for southern markets, unveils Varalakshmi campaign

Business BureauBusiness

Indriya, the jewellery brand from Aditya Birla Group, has appointed actor Krithi Shetty as its brand ambassador for the southern markets and unveiled its Varalakshmi campaign ahead of the festive season. The campaign positions Shetty as the face of Indriya’s festive jewellery collection, drawing on the cultural significance of Varalakshmi celebrations across Andhra Pradesh, Telangana and Karnataka. Rooted in themes of prosperity, devotion and togetherness, the campaign showcases heritage-inspired jewellery reinterpreted through contemporary design. The collection features temple jewellery elements including nakkashi craftsmanship, Goddess Lakshmi motifs, lotuses, peacocks, kasu-inspired designs and temple detailing. Crafted in antique gold finishes and complemented…

14 Aug

ICICI Prudential Life launches women-focused term plan with health and wellness benefits

Business BureauBusiness

ICICI Prudential Life Insurance has launched ICICI Pru iProtect Smart Her, a comprehensive term insurance plan designed specifically for women, combining life protection with health, wellness and financial flexibility. The product offers women a 15% lifetime premium discount and a pregnancy break benefit to help manage premium commitments during pregnancy. It also provides women-specific health management and wellness services worth up to ₹25,000. These services include tele consultations across multiple specialties, annual health check-ups, health risk assessments, wellness content, and pharmacy and diagnostic discounts. The company said the overall benefits under the product are worth up to ₹92,100. The plan…

14 Aug

Gen Z reshapes festive shopping as trusted conversations drive purchase decisions

Business BureauBusiness

India’s festive shopping journey is evolving, with Gen Z increasingly moving beyond product discovery to seek reassurance from friends and family before making purchases, according to new research by GWI and Snapchat released on August 12, 2026. The study found that 70% of Gen Z consumers view the festive season as multiple celebrations rather than a single shopping moment, while nearly four in 10 begin planning their Diwali purchases more than a month in advance. Creator content remains influential in product discovery, with 7 in 10 Gen Z consumers saying it helps them discover products. However, 76% said instant feedback…