Business - The Purbottar

30 Jul

Loan Book Expansion Drives Bajaj Finance’s Strong Q1FY27 Results

nanika EditorBusiness

Bajaj Finance Limited reported a strong financial performance for the first quarter of FY27, with consolidated net profit attributable to owners rising 27.4 per cent year-on-year to ₹5,985.75 crore for the quarter ended June 30, 2026. The company’s profit growth was supported by higher net interest income and continued expansion in its assets under management (AUM). The lender’s consolidated AUM increased 23.9 per cent to ₹5.47 trillion as of June 30, 2026, compared with ₹4.41 trillion during the same period last year. The company added ₹36,969 crore to its AUM during the quarter, reflecting strong growth across its lending operations.…

30 Jul

Tally MSME Honours recognises East India’s top entrepreneurs at Siliguri event

Business BureauBusiness

Tally Solutions Pvt. Ltd. concluded the East Zone edition of Tally MSME Honours 2026 in Siliguri on Wednesday, recognising40 outstanding micro, small and medium enterprises (MSMEs) from across eastern India for their contributions to innovation, employment generation and economic growth. The sixth edition of the initiative honoured entrepreneurs from sectors including retail, manufacturing, technology, services and trading. This year's winners represented both metropolitan and emerging business centres, with awardees from Siliguri, Silchar, Daltonganj, Gopalganj, Dhanbad, Raniganj and Cuttack joining businesses from Kolkata, Patna and Ranchi. Among the awardees, Krishan Dalmia of Dalmia Tea Packaging Pvt. Ltd. from Siliguri received the…

30 Jul

South Africa eases travel for eligible Indians with 48-hour ETA visa system

Business BureauBusiness

South Africa has introduced an Electronic Travel Authorisation (ETA) system for eligible Indian passport holders, enabling travellers to apply for travel authorisation entirely online with applications intended to be processed within 24 to 48 hours. The initiative is aimed at simplifying travel for short-term leisure and work visits of up to 90 days by replacing traditional paperwork with a fully digital process. Under the new system, travellers can complete the application online by creating an account on the official South African Department of Home Affairs ETA portal, uploading the required documents, verifying their identity through smartphone-based biometrics and paying the…

30 Jul

Asian Paints Shares Slide Despite Strong Q1 Beat as Brokerages Signal Q2 Margin Risks

anuprova EditorBusiness

Asian Paints saw its shares decline by as much as 3% on Thursday despite delivering a stronger-than-expected financial performance for the first quarter of FY27. India's leading paint manufacturer reported a 40% year-on-year surge in consolidated net profit to ₹1,539 crore, comfortably beating market estimates, while operational revenue expanded 18% to ₹10,542 crore. The company's operating margin rose to a multi-quarter high of 20.6%, buoyed by calibrated price increases, robust international business growth, and strict cost management. Domestic decorative volumes expanded by 9%, demonstrating stable demand resilience. However, market enthusiasm was tempered as leading equity brokerages voiced caution over near-term…

30 Jul

Hindware Italian Collection unveils 2026 ceramic tiles range, opens Morbi experience centre

Business BureauBusiness

Hindware Italian Collection has launched its 2026 Ceramic Tiles Collection, expanding its portfolio with a new range of ceramic wall and elevation tiles featuring fresh designs, textures and surface finishes. The company also inaugurated a 7,200 sq. ft. Experience Centre in Morbi, Gujarat, aimed at providing architects, designers, dealers and customers with an immersive platform to explore its latest offerings. The Experience Centre was inaugurated by Hindware Limited CEO NirupamSahay, Business Head of Hindware Tiles PankajMediratta and Chief Marketing Officer Bath & Tiles ArunimaYadav in the presence of more than 90 channel partners from across the country. The new collection…

30 Jul

Vi Foundation, Ericsson launch Robotsav to boost robotics and AI learning

Business BureauBusiness

Vi Foundation, the corporate social responsibility arm of Vodafone Idea, has partnered with Ericsson to launch Robotsav – The Festival of Technology, an inter-school robotics platform aimed at expanding robotics and artificial intelligence (AI) education for students across India. Developed under the Robotics Lab Programme in collaboration with knowledge partner Moinee Foundation, the initiative seeks to make STEM learning more engaging through a mix of digital and hands-on experiences. The newly launched Robotsav website offers students nationwide access to quizzes, essay-writing competitions, blogs and curated learning resources covering robotics, AI, 3D printing, programming, virtual reality and generative AI. Designed as…

30 Jul

TVS Motor launches junior racing programme with Apache RR 200 Mini

Business BureauBusiness

TVS Motor Company has launched the TVS Apache Junior Programme, a grassroots motorsport initiative aimed at identifying and nurturing young racing talent in India. As part of the programme, the company has handed over 10 TVS Apache RR 200 Mini motorcycles to the Madras Motor Sports Club (MMSC), which will use them to train aspiring racers aged 10 to 14 years under a structured rider development programme. The initiative offers professional coaching at the Madras International Karting Arena (MIKA), where participants will receive training on specially developed Apache RR 200 Mini motorcycles under the guidance of experienced instructors and TVS…

30 Jul

Vi launches Rs. 200 entertainment pack with 20 OTT platforms and 30GB data

Business BureauBusiness

Vodafone Idea (Vi) has introduced a new prepaid entertainment pack priced at Rs. 200, offering access to 20 OTT platforms, more than 200 live TV channels, 30GB of high-speed data and unlimited 5G data with a validity of 28 days. The telecom operator said the new Vi Movies & TV value pack is aimed at simplifying digital entertainment by bringing multiple streaming services under a single recharge. The pack includes access to popular OTT platforms such as JioHotstar, SonyLIV, ZEE5, Lionsgate Play, ShemarooMe, ManoramaMAX, FanCode, Playflix, Klikk, Atrangii, Chaupal, OTTplay Live, Pocket Films, YuppTV, Addatimes, KancchaLannka, TimesPlay and NextGTV, among…

30 Jul

Star Health expands monsoon healthcare services in Bihar as home care demand surges

Business BureauBusiness

Star Health and Allied Insurance Company Ltd. has intensified its healthcare outreach in Bihar for the monsoon season after recording a five-fold increase in Home Healthcare utilisation for fever and infectious diseases in FY25-26, reflecting rising demand for preventive and home-based medical services. The health insurer also reported strong nationwide adoption of its recently launched Virtual OPD platform, with more customers opting for online consultations as their first point of medical care. The company has strengthened access to its healthcare ecosystem by enabling policyholders to contact the "Talk to Star" helpline at 7200 222 333 for guided Home Healthcare and…

30 Jul

Indriya showcases heritage-inspired jewellery at India Couture Week with House of Masaba

Business BureauBusiness

Indriya, Aditya Birla Jewellery, partnered with House of Masaba to unveil an exclusive jewellery collection at India Couture Week 2026, marking the designer label's first-ever bridal couture showcase. The collaboration highlighted a blend of India's traditional jewellery craftsmanship with contemporary bridal fashion, presenting designs inspired by diverse regional art forms and cultural heritage. The curated collection featured classic yellow gold jewellery, heirloom-inspired antique pieces, temple jewellery with intricate nakshi work, Rajasthan's iconic aads, delicate filigree craftsmanship, ceremonial maangtikas, and coloured gemstones set in gold. Alongside these traditional elements, the showcase also presented modern silhouettes designed for contemporary lifestyles. Every piece…