Business - The Purbottar

04 Nov

Godrej Industries Group announces its continued partnership with Literature Live! The Mumbai LitFest

Business BureauBusiness

Godrej Industries Group has announced the continuation of its partnership with Literature Live! The Mumbai LitFest, as the festival enters its 16th edition. Scheduled to take place from November 7 to 9 at NCPA, Nariman Point, the three-day literary celebration will host over 120 renowned writers, thinkers, and performers from more than 10 countries. The festival will feature a diverse range of sessions, including the Great Debate, Book in Focus, children’s events under The Little Festival, and an array of workshops. Godrej DEI Lab will also curate special sessions highlighting themes of diversity, equity, and inclusion. This year, the LitFest…

04 Nov

Samsung Wallet unveils seamless UPI onboarding & PIN-free payments, boost digital transactions in India

Business BureauBusiness

Samsung India has announced major upgrades to Samsung Wallet, introducing seamless UPI onboarding during device setup, PIN-free biometric authentication for payments, and expanded Tap & Pay capabilities, including support for FOREX and AU Bank cards. The move strengthens Samsung’s push to redefine digital payments and device-based financial accessibility for millions of Galaxy users. With the integration of Unified Payments Interface (UPI) registration directly into the new-device setup, Samsung becomes the first OEM to offer payment-ready access the moment a Galaxy device is powered on. Users will also benefit from biometric verification — fingerprint and face recognition — eliminating the need…

04 Nov

Turkish Airlines resumes Sulaymaniyah route, expands connectivity to Iraq with six gateways

Business BureauBusiness

Turkish Airlines, the world's most internationally connected airline, has resumed flights between Istanbul and Sulaymaniyah, reinforcing its strategic growth plans in Iraq after an 18-month suspension. The service, halted in April 2023, returns as the carrier strengthens its presence with six gateways across Iraq — Baghdad, Basra, Erbil, Kirkuk, Najaf, and now Sulaymaniyah. The relaunched route commenced on November 2, 2025, with four weekly flights operating on Mondays, Thursdays, Fridays and Sundays between Istanbul Airport and Sulaymaniyah International Airport. Turkish Airlines plans to boost the frequency to daily flights from March 27, 2026, under its Summer 2026 schedule. Flights will…

04 Nov

Yogi Adityanath felicitates 1,600 students as Samsung scales future-tech training across India

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Uttar Pradesh Chief Minister Yogi Adityanath today felicitated 1,600 students trained under Samsung’s flagship skill development programme, Samsung Innovation Campus (SIC), at the Yogi Baba Gambhirnath Prekshagrih Auditorium in Gorakhpur. The initiative aims to empower youth with cutting-edge skills in Artificial Intelligence, Internet of Things, Big Data and Coding & Programming. Samsung plans to upskill 20,000 students nationwide in 2025 — a six-fold jump from last year — across 10 states. Uttar Pradesh is a major focus area, with 5,000 students set to be trained in the state alone, nearly 25% of the national target. The programme has recorded 44%…

04 Nov

Tata Motors commercial vehicle sales climb 10% in October; strong demand seen across segments

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Tata Motors Limited reported robust performance in October 2025, registering total commercial vehicle sales of 37,530 units, marking a 10% year-on-year growth compared to 34,259 units in October 2024. The company witnessed broad-based demand across categories reflecting improved economic and logistics activity. In key segments, HCV trucks rose 7% to 10,737 units, ILMCV trucks grew 6% to 6,169 units, and passenger carriers surged 12% to 3,184 units. The SCV cargo and pickup segment registered a 7% increase at 15,018 units, highlighting continued traction in last-mile transportation. Domestic commercial vehicle sales stood at 35,108 units, up 7%, while international business recorded…

03 Nov

Gold price today!

Purbalee DuttaBusiness

Gold and silver prices edged higher in the domestic futures market on Monday, November 3, supported by a weaker dollar and improved spot demand. At around 9:10 a.m., MCX Gold December futures rose 0.39% to ₹1,21,708 per 10 grams, while MCX Silver December contracts gained 0.69% to ₹1,49,307 per kg. Both metals saw short covering after recent corrections, as expectations for additional U.S. Federal Reserve rate cuts weakened following Chair Jerome Powell’s hawkish comments. The Fed recently reduced rates by 25 basis points to 3.75–4.00%, but Powell signaled no cuts in December. The dollar index slipped 0.10%, providing support to…

03 Nov

Škoda Auto India hits record 61,607 sales in 10 months, postsbest-ever October performance

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Škoda Auto India has achieved its highest-ever annual sales within the first 10 months of 2025, marking a milestone year as the brand celebrates 25 years in the country. The company sold 61,607 vehicles between January and October 2025, surpassing its previous full-year record of 53,721 units in 2022. October also proved historic with 8,252 units sold — Škoda’s best-ever monthly performance.The surge has been driven by the strong response to the Kylaq, the company’s first sub-4m SUV, which has already clocked nearly 40,000 units. Other contributors include sustained demand for the Kushaq and Slavia, rising interest in the luxury…

03 Nov

Nissan India reports 45% MoM sales surge in October, crosses 1.2 million export milestone

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Nissan Motor India Pvt. Ltd. (NMIPL) has reported a strong festive-season performance, recording consolidated sales of 9,675 units in October 2025, marking a 45% month-on-month jump. The company sold 2,402 units domestically while exports touched 7,273 units, driven primarily by demand for the New Nissan Magnite. Nissan also celebrated crossing 1.2 million cumulative vehicle exports, reinforcing India’s status as a key global manufacturing and export hub. The company credited the festive rush during Navratri, Dussehra and Diwali, along with the GST rate reduction, as major demand boosters. Managing Director SaurabhVatsa said the industry witnessed positive festive momentum, adding that the…

03 Nov

IREDA vows bigger push for renewable energy growth in Northeast, eyes green power hub future

Business BureauBusiness

The Indian Renewable Energy Development Agency Ltd. (IREDA) has renewed its commitment to accelerating renewable energy expansion in the North-Eastern region. Speaking at an event titled “Financing Renewable Energy in the North Eastern Region” in Guwahati, Chairman and Managing Director Pradip Kumar Das highlighted the region’s crucial role in India’s clean energy roadmap. Shri Das informed that India’s renewable energy capacity has tripled since FY14 and is projected to double again by FY2030, requiring investment of around ₹28 lakh crore. The Northeast, he noted, holds tremendous green energy potential, particularly in hydropower and solar, with approximately 5 GW of renewable…

03 Nov

TCI reports 8% revenue growth in Q2 FY26, driven by Auto & FMCG demand

Business BureauBusiness

Transport Corporation of India Ltd. (TCI), one of India’s largest integrated multimodal logistics and supply chain companies, has reported strong financial results for the second quarter of FY2026, supported by robust demand across the auto, FMCG and consumer durables sectors. The company posted a consolidated revenue of ₹12,174 million in Q2 FY26, an increase of 8% from ₹11,314 million in the same period last year. EBITDA rose 7% to ₹1,624 million from ₹1,519 million, while profit after tax (PAT) increased 6% to ₹1,135 million. For the first six months of FY26, TCI recorded 8.3% growth in revenue and 11% rise…