Business - The Purbottar

29 May

Cummins India posts strong FY26 growth with record revenue and profit

Business BureauBusiness

Pune-based Cummins India Limited on Tuesday reported a strong financial performance for the quarter and financial year ended March 31, 2026, driven by robust domestic demand and steady operational execution. The company’s total sales for FY26 stood at ₹11,950 crore, marking an 18 per cent increase over the previous year. Domestic sales rose 19 per cent to ₹9,961 crore, while export sales increased 12 per cent to ₹1,989 crore. Profit before tax, before exceptional items, climbed 24 per cent to ₹3,104 crore with a margin of 26 per cent. Profit after tax for the year stood at ₹2,330 crore, up…

29 May

Shopsy launches AI-powered app to target Gen Z and Bharat shoppers

Business BureauBusiness

Flipkart-owned Shopsy has launched a new AI-powered version of its shopping app, transforming the hypervalue platform into a gamified and engagement-led commerce destination aimed at Gen Z consumers and Bharat’s next 100 million online shoppers. The company said the new platform has been designed for young and value-conscious consumers across metros and tier-2 and smaller cities, where much of India’s new online shopper growth is taking place. According to a Bain & Company report cited by the company, nearly 65 per cent of new shopper growth is now coming from tier-2+ cities, while Gen Z accounts for around 40-45 per…

29 May

After seven years of listing excitement, will 2026 be the year for Reliance Jio’s IPO?

anuprova EditorBusiness

After years of anticipation, speculation about Reliance Jio's much-awaited initial public offering (IPO) has intensified. According to market experts, the telecom behemoth may finally make its stock market debut in 2026. Ever since the first reports of a possible listing emerged nearly seven years ago, investors have closely tracked developments related to the company’s public offering plans. Reliance Jio, the telecom and digital services arm of , has transformed India’s telecom landscape with affordable data services, rapid 5G expansion, and a growing digital ecosystem that includes broadband, streaming, cloud services, and fintech ventures. Analysts believe the company’s strong subscriber base…

29 May

Travelport partners with Cognizant and Anthropic to boost AI-driven travel technology

Business BureauBusiness

Travel technology company Travelport has partnered with Cognizant and Anthropic to modernise travel booking and distribution systems using artificial intelligence, the companies announced on Tuesday. The collaboration aims to build an AI-powered travel ecosystem capable of improving how travel technology is developed, tested and maintained, while also bridging the gap between AI-driven travel planning and real-time booking systems. Under the partnership, Cognizant will deploy Anthropic’s Claude AI models across Travelport’s travel retailing and distribution platforms. The initiative is expected to help airlines, hotels, travel management companies and online travel agencies improve efficiency and automate complex travel processes. The companies said…

29 May

Oriflame wraps up Northeast influencer yatra covering 13 cities and 5,000 km

Business BureauBusiness

Swedish beauty and wellbeing company Oriflame has concluded its month-long Northeast Influencer Yatra, one of the largest influencer-led brand campaigns undertaken in the region, covering more than 5,000 kilometres across 13 cities and engaging over 300 influencers. Conducted in partnership with Whosthat360, the campaign began on April 7 at Lady Keane College in Shillong and ended with a grand finale in Kolkata on May 10. The yatra travelled through Agartala, Aizawl, Dimapur, Kohima, Guwahati, Nagaon, Dibrugarh, Itanagar, Siliguri and Durgapur, hosting 13 on-ground activations across Northeast India and West Bengal. At every stop, the Oriflame Beauty and Wellness Partner Truck…

28 May

Aditya Birla Health Insurance launches Activ Yuva wellness-focused plan for young Indians

Business BureauBusiness

Aditya Birla Health Insurance Co. Ltd. (ABHICL), the health insurance arm of Aditya Birla Capital, has launched ‘Activ Yuva’, a wellness-first health insurance plan aimed at addressing the changing lifestyle and healthcare needs of young Indians. The company said the new plan expands its HealthReturns™ proposition, which rewards customers for maintaining healthy habits such as walking over 10,000 steps daily or burning 300 calories in a single exercise session. Under the programme, customers with consistent activity levels and a strong Healthy Heart Score™ can earn up to 100 per cent of their annual premium back. Activ Yuva introduces a broader…

28 May

Nissan launches GRAVITE CNG with twin-cylinder technology for 7-seater mobility

Business BureauBusiness

Nissan Motor India has launched a government-approved CNG retrofitment kit for the All-New GRAVITE, introducing a segment-first twin-cylinder setup aimed at retaining full 7-seater functionality while offering lower running costs and improved fuel efficiency. Priced at an introductory Rs 82,999, the retrofitment kit will be available across 60 cities in 16 states through Nissan’s authorised dealer network. Developed and quality assured by Motozen, the system uses twin 25-litre cylinders designed to preserve cabin space and third-row usability. The company said the CNG solution has been engineered to balance affordability, comfort and practicality for families seeking economical mobility options in urban…

28 May

Kolkata students secure top international ranks in SOF Olympiad

Business BureauBusiness

Kolkata students have brought laurels to the city by securing top international ranks in the Science Olympiad Foundation (SOF) Examinations for the academic year 2025–26. The Olympiad saw participation from millions of students across 72 countries, including more than one lakh students from Kolkata. Among the top achievers, Sabyasachi Laskar of Class 12 from B.D.M. International (CBSE) secured Rank 1 and won a Gold Medal in the National Science Olympiad (NSO). Rajnandini Chatterjee of Class 12 from G.D. Birla Centre for Education also secured Rank 1 and received a Gold Medal in the International English Olympiad (IEO). Samara Sinha of…

28 May

Dreame names Cristiano Ronaldo as global ambassador in major brand push

Business BureauBusiness

Cristiano Ronaldo has been named the new global ambassador for Dreame Technology as the company looks to strengthen its presence in the premium smart home appliance market worldwide. Announcing the partnership under the theme “Dreame to Win,” the company said the collaboration reflects a shared focus on excellence, discipline and innovation. Dreame said the alliance marks a major step in its global expansion strategy after years of growth in AI-driven systems and high-speed motor technology. Ronaldo said he was pleased to join the brand because of its focus on performance and innovation. “I am always looking for partners who share…

28 May

Govt warns industries against buying fuel from retail pumps

anuprova EditorBusiness

The government has warned industrial consumers against buying fuel from retail petrol pumps, saying this could disrupt supply chains and strain the country’s fuel distribution network. The warning comes amid growing concerns about surging world crude oil prices and tightening fuel supplies due to geopolitical tensions in the Middle East.Officials said they expect industrial consumers to purchase their fuel directly from authorised bulk supply channels and not from diesel and petrol retail outlets meant for the general public. Authorities fear that a growing shift by factories, transport operators, and commercial users toward retail fuel stations could lead to shortages for…