Business - The Purbottar

20 May

Tata Coffee Gold launches summer-ready café-style coffee experience at home

Business BureauBusiness

As summer temperatures rise across the country, Tata Coffee Gold has introduced its premium freeze-dried coffee range aimed at bringing café-style coffee experiences into homes. The company highlighted that the range is designed for both hot and cold coffee preparations, offering consumers a variety of flavours for everyday indulgence during the summer season.The range includes five variants — Original, Vanilla, Hazelnut, Brownie and Tiramisu — each positioned to cater to different consumer preferences. The Original variant offers a rich and full-bodied coffee taste with a strong aroma, while Vanilla focuses on smooth and mellow flavours suitable for creamy lattes and…

20 May

Tvs Racing successfully concludes Nationwide Training & Selection Program for Tvs India Omc 2026

Business BureauBusiness

Building on over four decades of racing excellence, TVS Racing today announced the successful completion of the TVS India One Make Championship (OMC) 2026 Training & Selection Program. Conducted across four cities in India, the initiative reaffirmed TVS Racing’s long-standing commitment to identifying, training and nurturing the next generation of racing talent in the country. The final selection round was held between May 15 and May 17, 2026 at the Madras International Circuit (MIC), Chennai. Over 120 participants took part in the program across multiple categories - Women, Media, Rookie, Electric and TVS Apache RR310 Expert categories. TVS India One…

20 May

Tata AIA Life Insurance Declares Its Highest-Ever Bonus of ₹2,173 Crore for Participating Policyholders in FY26

Business BureauBusiness

Tata AIA Life Insurance, one of India’s leading life insurers, has announced its highest-ever bonus payout of ₹2,173 crore for the financial year ending March 31, 2026, for its participating (par) policyholders. Over 8.74 lakh policies will benefit from this payout an 18% leap over last year’s ₹1,842 crore, and the largest bonus declaration in the Company's history.The bonus has been declared across eligible participating insurance plans, reaffirming Tata AIA's steadfast commitment to helping consumers achieve their long-term financial goals while ensuring protection for their loved ones.Among other participating plans, the bonus has been declared for key participating plans such…

20 May

Tvs Venu to take a stake in Jana Small Finance Bank

Business BureauBusiness

TVS VENU has agreed to acquire a minority stake in Jana Small Finance Bank Limited through a combination of primary issuance of warrants and a secondary purchase for an equity ownership of up to 9.9% on a fully diluted basis, which includes 4.9% to be owned by TVS Motor Company, subject to all applicable approvals. TVS VENU has a long-standing presence in India’s financial services sector through TVS Credit Services, a leading Non-Banking Financial Companies offering consumer and retail loans to millions of customers across India. It has also signed definitive agreements to acquire 100% stake in PGIM India Asset…

20 May

Shri Jayant Chaudhary Represents India at Uganda Presidential Swearing-In Ceremony

Business BureauBusiness

Shri Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development & Entrepreneurship and Minister of State for Education, Government of India, recently visited Uganda to represent India at the swearing-in ceremony of H.E. Gen. Yoweri Kaguta Museveni, President of the Republic of Uganda.During the visit, Shri Chaudhary conveyed a message of solidarity and goodwill from the Prime Minister of India, Shri Narendra Modi, and the people of India on the occasion of President Museveni assuming his seventh term in office. Highlighting the importance of political continuity and stability in fostering national development, Shri Chaudhary acknowledged Uganda’s steady progress and…

20 May

Tvs Motor Company Inducts Ravindran Shanmugam as Independent director

Business BureauBusiness

TVS Motor Company (TVSM), part of TVS Venu Group, and a reputed two and three-wheeler manufacturer globally — announced the induction of Mr. Ravindran Shanmugam as independent director of the company for a period of five consecutive years effective May 13, 2026 subject to approval of the shareholders. Mr. Ravindran Shanmugam is a seasoned technology entrepreneur and business leader with extensive experience in scaling consumer-focused businesses, digital transformation, and AI-led platforms across global markets. He is currently the Co-founder and Executive Chairman of Mablle, an AI-enabled interior design and renovation platform based in Singapore. He also worked as a management…

20 May

Sayaji Hotels enters Sikkim with launch of Effotel by Sayaji in Gangtok

Business BureauBusiness

Sayaji Hotels has expanded its presence in the Northeast with the launch of Effotel by Sayaji in Gangtok, marking the hospitality group’s entry into Sikkim’s growing tourism market. The new property, located in Tathangchen near the popular Ridge Park, was officially announced on May 15. Situated at an altitude of around 1,650 metres, Gangtok is known for its views of Mt Kanchenjunga, monasteries, lakes and vibrant tourist activity. The hotel is strategically located close to Ridge Park and MG Marg, giving visitors easy access to key cultural and commercial areas of the city. Effotel by Sayaji features 32 rooms, including…

19 May

PepsiCo India Eyes Long-Term Growth with ₹5,700 Crore Investment across Three States

nanika EditorBusiness

Food and beverages giant PepsiCo India has announced a major investment plan of up to ₹5,700 crore by 2030. The massive capital injection will primarily focus on ramping up the manufacturing capacity of its foods business across the country. Speaking on the initiative, PepsiCo’s India and South Asia CEO, Jagrut Kotecha, emphasized that India remains one of the company's top 13 global markets, offering immense potential driven by rising consumer incomes and a stable economic environment. The planned investment will be directed toward three key manufacturing facilities. These include a strategic concentrates plant in Madhya Pradesh and advanced snacks plants…

19 May

Malabar Gold & Diamonds opens first Assam showroom in Guwahati

Business BureauBusiness

Jewellery retailer Malabar Gold & Diamonds today launched its first showroom in Assam at Guwahati, marking a major step in the company’s expansion across East India. With the opening, the brand’s presence in the eastern region has increased to 21 showrooms. Spread across 8,000 square feet, the new outlet has been designed to offer a premium jewellery shopping experience with spacious displays, modern interiors and personalised customer service. The showroom was inaugurated by SonuSood along with O. Asher, Managing Director, India Operations, in the presence of senior company officials, customers and members of the local community. The showroom features a…

19 May

Oil Shock Triggers Historic Plunge: Indian Rupee Slumps to All-Time Low of 96.45 Against US Dollar

anuprova EditorBusiness

The Indian rupee plummeted to a historic low of 96.45 against the US dollar, driven down by soaring global crude oil prices and intensifying geopolitical conflicts in the Middle East. As Brent crude surged past $111 per barrel following a drone strike on a UAE nuclear power plant and stalled US-Iran peace talks, concerns over India’s expanding import bill and widening current account deficit escalated sharply. Because India relies on imports for nearly 90% of its crude requirements, higher energy costs are heavily straining domestic macroeconomic stability, accelerating wholesale inflation to 8.3%, and triggering substantial foreign investor outflows from local…