Business - The Purbottar

14 Jan

Nissan strengthens India leadership with appointment of Thierry Sabbagh as President

Business BureauBusiness

Nissan has announced a series of senior management changes in its Africa, Middle East, India, Europe, and Oceania (AMIEO) region, designed to strengthen delivery of the Re:Nissan transformation plan and enhance operational efficiency, speed, and customer focus. Effective 1 January 2026, Thierry Sabbagh’s responsibilities have been expanded to include Nissan India, as he becomes Divisional Vice President and President, Middle East, KSA, CIS, and India—Nissan and Infiniti. The expanded scope reflects Nissan’s focus on maintaining leadership continuity across established markets while strengthening governance, execution, and growth momentum in India as a strategic priority within the AMIEO region. India is central…

14 Jan

Strengthens Leadership Team: Kotak Mahindra Bank appoints Anup Kumar Saha as Whole-time Director

Business BureauBusiness

Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its Whole-time Director, subject to regulatory approvals. Until the approvals are received, Saha will serve as Whole-time Director (Designate) and join the bank’s senior management effective January 12, 2026. Saha most recently served as Managing Director at Bajaj Finance, where he spent over eight years playing a key role in transforming the lender into one of India’s most profitable non-banking financial companies. During his tenure, he led business transformation, digital innovation and customer-centric initiatives, helping expand the customer base to 100 million while diversifying the product portfolio. Prior…

14 Jan

Sterling strengthens North-East presence with launch of centrally located hotel in Gangtok

Business BureauBusiness

Sterling Holiday Resorts has expanded its footprint in North-East India with the launch of Sterling Mount Olive Gangtok, a contemporary city hotel located in the heart of Gangtok. The new property marks Sterling’s second hotel in Sikkim and its fourth across the North-East region. Situated in Development Area, Gangtok’s key business and administrative hub, the hotel is designed to cater to business travellers, professionals on short stays, and leisure visitors seeking proximity to the city’s commercial and cultural centres. Guests will have easy access to government offices, business districts and the popular MG Marg promenade. The hotel also complements Sterling’s…

13 Jan

Craft Collective to host first craft & culture forum in Kolkata from January 29

Business BureauBusiness

Craft Collective, an institution-led initiative focused on strengthening India’s craft ecosystem, on Tuesday announced its first-ever Craft & Culture Forum, to be held in Kolkata from January 29 to February 1, 2026. The announcement was made at a press meet at the Press Club, Kolkata. The four-day forum is being organised by Foundation for MSME Clusters in partnership with Karu, Red Strategy Partners and The Red Bari, with support from Cisco under its India Cash Grant Program. The forum aims to connect artisans, designers, buyers and institutions with contemporary and global markets. The event will feature curated exhibitions, a marketplace,…

13 Jan

CVL crosses 10 crore KYC records, reinforces leadership in India’s securities market

Business BureauBusiness

CDSL Ventures Limited (CVL), India’s first and largest KYC Registration Agency (KRA), has crossed a major milestone by surpassing 10 crore KYC records, marking a significant achievement in the country’s financial market infrastructure. The development underlines CVL’s growing role in strengthening the Know Your Customer (KYC) framework across India’s securities ecosystem. The milestone reflects the scale, efficiency, and reliability of CVL’s operations, as it continues to support intermediaries, investors, and regulators with robust KYC services. As a critical backbone of the securities market, CVL enables seamless onboarding, compliance, and data integrity, contributing to greater transparency and investor confidence. The expanding…

13 Jan

Blenders Pride Fashion Tour 2025 redefines Indian fashion with immersive shows across three cities

Business BureauBusiness

The Blenders Pride Fashion Tour 2025 concluded its latest edition after delivering a series of immersive and high-impact fashion showcases across Gurugram, Jaipur and Kolkata, setting new benchmarks for experiential fashion in India. Conceptualised around the theme “Making Fashion Move”, the tour brought together technology, design innovation and cultural storytelling, positioning fashion as a dynamic, evolving form rather than a static showcase. The tour opened in Gurugram with “The Futureverse of Fashion”, where designers Falguni and Shane Peacock blended haute couture with advanced technology, including humanoid robots and holographic projections, featuring actors Shahid Kapoor and Tamannaah Bhatia. In Jaipur, “High…

13 Jan

TATA AIA AURA: Shaping India’s Future Generation of Insurance Entrepreneurs

Business BureauBusiness

Tata AIA Life Insurance has launched Tata AIA AURA, a platform designed to transform life insurance advisory into a full-fledged entrepreneurial career, as the sector witnesses a growing influx of young professionals. The move comes at a time when India has over 31.5 lakh life insurance advisors, yet life insurance penetration stands at just 3.7% of GDP in FY24, indicating vast untapped potential. Tata AIA AURA seeks to empower advisors with digital tools, structured training, mentorship, and strategic guidance, enabling them to operate as independent business owners rather than transactional intermediaries. The initiative aligns with the national vision of achieving…

13 Jan

Apple Bets Big on Google AI to Finally Transform Siri

Preeti SinghBusiness

Apple Inc. has made a strategic decision to select Google Gemini as the foundation for its AI technology and Siri, entering into a multi-year agreement. This choice is regarded as a significant victory for Alphabet Inc., positioning it favorably against Sam Altman's OpenAI in the ongoing global competition in the field of artificial intelligence. Apple has concluded that Google Gemini serves as the most competent basis for their Apple Foundation Models, expressing enthusiasm for the innovative experiences this collaboration will offer to Apple users. This was communicated through a joint statement released by both companies on Monday, although the specifics…

13 Jan

Pravasi Bharatiya Divas highlights diaspora’s economic impact, remittances power India’s growth

Business BureauBusiness

Pravasi Bharatiya Divas was celebrated with enthusiasm across India and in several countries on Thursday, with events organised by Indian missions worldwide to honour the contributions of the Indian diaspora. On the occasion, Prime Minister Narendra Modi extended greetings to Indians living overseas, describing them as a strong bridge between India and the world. Indian missions marked the day through cultural and interactive programmes. India’s Permanent Mission to the United Nations in Geneva hosted a large gathering of people of Indian origin. In China, the Consulate General of India in Shanghai focused on promoting Indian entrepreneurship. Consul General Pratik Mathur…

12 Jan

Samsung, Netflix roll out free ‘Stranger Things’ theme for Galaxy users ahead of final season

Business BureauBusiness

As the globally popular series Stranger Things draws to a close, Samsung Electronics and Netflix have announced a special collaboration for fans across the world. From January 12, Samsung Galaxy users in 186 countries can download an exclusive “Stranger Things” theme and wallpapers from the Galaxy Store at no extra cost. The offer is available for a limited time to users who download or launch the Netflix app. The special theme is inspired by Season 5 of the series and includes one custom theme and five wallpapers featuring well-known characters and settings such as Hawkins and the eerie Upside Down.…