Business - The Purbottar

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…

07 Aug

Fortune Fryola Sunflower Oil Fails Quality Test, FSSAI Imposes Penalty on AWL Agri

nanika EditorBusiness

The Food Safety and Standards Authority of India (FSSAI) has imposed a penalty on edible oil major AWL Agri Business Ltd for manufacturing and marketing substandard fortified sunflower cooking oil under its popular Fortune brand. The action was taken after a product sample failed to meet the prescribed food safety standards during laboratory testing. According to FSSAI, a sample of Fortune “Fryola” refined sunflower seed oil collected from Taj Fort Aguada Resort & Spa in Goa was found to have Vitamin A and Vitamin D levels below the limits specified under the Food Safety and Standards (Fortification of Foods) Regulations,…

07 Aug

Berger Paints posts 28.6% rise in Q1 consolidated profit on strong decorative, automotive demand

Business BureauBusiness

Berger Paints India Ltd reported a strong financial performance for the quarter ended June 30, 2026, posting double-digit growth in revenue and operating profit despite geopolitical disruptions arising from the West Asia conflict. The company's consolidated revenue from operations rose 12 per cent year-on-year to Rs. 3,583.8 crore from Rs. 3,200.8 crore, while EBITDA increased 15 per cent to Rs. 607.4 crore. Consolidated net profit climbed 28.6 per cent to Rs. 405 crore during the quarter. On a standalone basis, revenue grew 12.7 per cent to Rs. 3,226.7 crore, EBITDA rose 12.6 per cent to Rs. 562.2 crore, and net…

07 Aug

Tata Chemicals Shares Rally Up to 5% Following RBI’s Decision to Keep Tata Sons on Upper-Layer NBFC Roster

anuprova EditorBusiness

Tata Chemicals shares witnessed a strong surge of up to 5% in intraday trade following the Reserve Bank of India's (RBI) decision to retain Tata Sons on its updated list of Upper Layer Non-Banking Financial Companies (NBFC-UL) for the fiscal year. The positive market sentiment was heavily driven by ongoing investor speculation surrounding the regulatory future of the Tata Group's principal holding company. While Tata Sons continues to meet the asset threshold required for upper-layer classification, its application to surrender its NBFC license and seek de-registration remains actively under examination by the central bank. Under RBI's scale-based regulatory framework, upper-layer…