Business - The Purbottar

05 Nov

Nissan offers free CNG retrofitment on select Magnite and Gravite variants till November 16

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Nissan Motor India Private Limited (NMIPL) has announced a limited-period festive offer providing CNG retrofitment at no additional cost on select variants of its Magnite and Gravite models, aiming to make CNG-powered mobility more accessible to Indian customers. Under the offer, customers purchasing eligible variants of the Magnite can avail of CNG retrofitment worth Rs 74,999, while the benefit is valued at Rs 85,999 for the Gravite. The government-approved retrofitment kits come with a third-party warranty of three years or 1,00,000 km, in addition to the vehicles' standard product warranty. The offer will remain valid until November 16, 2026, and…

05 Nov

India’s Food Regulator Accuses PepsiCo of Duping Consumers with High-Caffeine Drink Branding

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The Food Safety and Standards Authority of India (FSSAI) has taken a decisive legal stand against PepsiCo, accusing the multinational beverage giant of deliberately marketing high-caffeine products as "energy drinks" to dupe consumers. In a 57-page affidavit filed before the Delhi High Court on October 28, the country’s top food safety regulator argued that India lacks prescribed statutory standards for products sold under the specific "energy drink" category. FSSAI alleged that PepsiCo was fully aware that beverages like Adrenaline Rush and Sting Energy fall under regulations for caffeinated drinks, yet chose to promote them using unverified marketing terminology. The regulator…

04 Nov

Tata Motors and Iveco Group join hands to create global commercial mobility giant

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Tata Motors and Italy-based Iveco Group have formally come together to establish a global commercial mobility enterprise, combining their complementary vehicle portfolios, technologies and international market presence to strengthen their position in the global commercial vehicle industry. Ranked fourth globally among commercial vehicle manufacturers, the combined enterprise will have a presence in more than 130 countries, with annual sales volumes of approximately 590,000 units and combined revenues of around €21 billion (over Rs 2.28 lakh crore). The group will operate 27 manufacturing facilities, 25 research and development centres and over 9,300 sales and service centres, supported by a work force…

04 Nov

Limca launches Punjab special can to celebrate state’s cultural identity

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Coca-Cola India's homegrown beverage brand Limca has launched its first-ever Punjab Special Can, a limited-edition collectible celebrating the state's culture, heritage and vibrant identity. The launch is part of the brand's 'One State, One Can: Crafted for Collection' initiative, which seeks to highlight the distinctive character of Indian states and cities through specially designed cans. The limited-edition packaging showcases Punjab's cultural traditions and regional identity, transforming the regular beverage can into a collectible keepsake. The initiative is aimed particularly at young and urban consumers, encouraging discovery, sharing and engagement with regional culture. The launch will also be supported by a…

04 Nov

Bata India reports 31% rise in Q2 net profit, revenue grows 7.5%

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Bata India reported a 31% year-on-year growth in profit after tax (PAT) at Rs 180 million for the quarter ended September 30, 2026, compared with Rs 138 million in the corresponding quarter last year, supported by higher average selling prices (ASP). The footwear retailer posted revenue of Rs 8,618 million in Q2FY27, registering a growth of over 7.5% against Rs 8,013 million in Q2FY26. The company said growth was recorded despite the festive calendar largely shifting to the third quarter this year. During the quarter, Bata India reported a non-cash foreign exchange loss of Rs 30 million on licence fees…

04 Nov

Bata India reports 31% rise in Q2 net profit, revenue grows 7.5%

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Bata India reported a 31% year-on-year growth in profit after tax (PAT) at Rs 180 million for the quarter ended September 30, 2026, compared with Rs 138 million in the corresponding quarter last year, supported by higher average selling prices (ASP). The footwear retailer posted revenue of Rs 8,618 million in Q2FY27, registering a growth of over 7.5% against Rs 8,013 million in Q2FY26. The company said growth was recorded despite the festive calendar largely shifting to the third quarter this year. During the quarter, Bata India reported a non-cash foreign exchange loss of Rs 30 million on licence fees…

04 Nov

CakeRMon opens third manufacturing facility in Noida, targets 280 stores by 2028

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Kolkata-origin bakery and café brand CakeRMon Private Limited has expanded its manufacturing operations with the opening of its third facility in Noida on November 1, marking a major step in its North India expansion strategy. The company, part of the House of Gangurams, which traces its legacy to 1892, aims to expand its retail network to more than 280 stores by 2028. Established in Kolkata in 2022, CakeRMon currently operates over 100 stores. Following the commissioning of its second manufacturing facility in Panchkula in May 2026, the brand expanded into Panchkula, Zirakpur, Ambala and Mohali. The new Noida unit is…

04 Nov

Instamart partners with Kalyan Jewellers to offer gold coins from 0.1 gram ahead of Dhanteras

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Instamart, the quick commerce platform, has partnered with Kalyan Jewellers to offer gold coins starting from 0.1 gram ahead of Dhanteras, making precious metal purchases more accessible to consumers during the festive season. The collection will include gold coins ranging from 0.5 gram to 10 grams and silver coins from 1 gram to 100 grams. Under a promotional offer running from November 1 to 6, the first 1,000 customers daily across India purchasing Kalyan Jewellers gold coins will receive a complimentary 1-gram silver coin. Buyers will also receive a digital discount voucher worth a 5-gram silver coin, redeemable at Kalyan…

04 Nov

Jawa, Yezdi and BSA roll out Diwali offers, launch test ride campaign with chance to win a motorcycle

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Jawa Yezdi Motorcycles has announced festive finance offers and launched its ‘Test Ride and Win Your Dream Bike’ campaign for Diwali 2026, aiming to make motorcycle ownership more accessible to prospective buyers. Under the offers, customers can avail themselves of equated monthly instalments (EMIs) starting at ₹1,888 per lakh, interest rates beginning at 4.75 per cent and down payments starting at ₹4,999. Customers who test ride a Jawa, Yezdi or BSA motorcycle will also get an opportunity to win a motorcycle through the festive campaign. The initiative covers the company's three motorcycle brands, each catering to different riding preferences, with…

04 Nov

TVS Motor unveils four production-ready models at EICMA 2026, sharpens European expansion strategy

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TVS Motor Company has unveiled four production-ready models at EICMA 2026 in Milan, strengthening its European expansion strategy with a portfolio spanning electric mobility, premium urban transportation and lightweight sports motorcycling. The models include the TVS Orbiter, TVS M1-S, TVS X and TVS RTR 125, developed to address the evolving mobility requirements of European customers. The company said its European growth strategy is backed by dedicated engineering capabilities, an expanding retail network and global manufacturing expertise. Its Italian retail network now comprises more than 100 outlets, while 22 additional retailers are operational across Spain and Portugal. Sales in Italy have…