Business - The Purbottar

04 Nov

Norton introduces new 450 cc urban motorcycle for a new generation

Business BureauBusiness

British motorcycle manufacturer Norton Motorcycles has unveiled its new 450 cc urban motorcycle, marking the next phase of the brand's global resurgence under the ownership of India's TVS Motor Company. Designed for modern city riding, the vehicle features a liquid-cooled 454 cc single-cylinder engine producing 45 Nm of torque, built on a lightweight aluminium frame and equipped with an 8-inch TFT touchscreen display. The upcoming launch aligns with Norton’s broader strategy to expand into key international markets, including India and the United States. Powered by TVS Motor Company’s global R&D and engineering capabilities, official sales for the motorcycle are scheduled…

03 Nov

Nissan Motor India posts 50% growth in October domestic wholesales

Business BureauBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) recorded a 50% year-on-year increase in domestic wholesales in October 2026, selling 3,600 units against 2,402 units in the corresponding month last year. The company registered its eighth consecutive month of year-on-year domestic growth. From January to October 2026, Nissan recorded total wholesales of 85,124 units across domestic and export markets. Exports stood at 4,710 units in October, reflecting the company’s continued presence in international markets. Managing Director SaurabhVatsa said the October performance reflected sustained customer confidence and progress in strengthening Nissan’s presence in India. He highlighted the company’s expanding product portfolio and dealer…

03 Nov

OPPO enters premium smart phone race with Find X10 series, flagship priced at Rs 1.99 lakh

Business BureauBusiness

OPPO India has strengthened its position in the premium consumer electronics segment with the launch of the Find X10 series, featuring advanced imaging, AI-powered software and high-performance hardware. The lineup comprises the Find X10, starting at Rs 1,39,999, and the flagship Find X10 Pro Max, priced at up to Rs 1,99,999. The Find X10 offers a dual 200MP camera system, while the Pro Max features a triple 200MP camera setup co-developed with Hasselblad. Both smartphones introduce Color OS 17 and batteries of up to 8,000m Ah. The Pro Max is powered by Media Tek’s 2nm Dimensity 9600 Pro processor, positioning…

03 Nov

Škoda Auto India expands network to over 350 touchpoints across 193 cities

Business BureauBusiness

Škoda Auto India has expanded its nationwide network to over 350 customer touchpoints across 193 cities, marking an increase of nearly 85% since 2021. The company achieved the milestone on October 30, 2026, with the inauguration of its 350th touchpoint in Imphal, marking its entry into Manipur. The network has grown from 191 touchpoints in 2021 to 325 in 2025 and over 350 in October 2026. Supported by 79 dealer partners, it spans 29 states and Union Territories, comprising 270 sales and 203 aftersales touchpoints. Between January 2025 and October 2026, the company added 58 showrooms across 38 new cities…

03 Nov

MobiKwik reports record quarterly profit of ₹11.8 crore in Q2 FY27

Business BureauBusiness

Digital payments platform One MobiKwik Systems Ltd reported its highest-ever quarterly profit after tax (PAT) of ₹11.8 crore in the second quarter of FY27, marking a positive swing of ₹40.4 crore from a loss of ₹28.6 crore in the year-ago period. Announcing its results on November 2, the company recorded its fourth consecutive profitable quarter, with EBITDA reaching a record ₹22.7 crore against a loss of ₹6.4 crore in Q2 FY26. Revenue from operations rose 9% year-on-year to ₹295.7 crore, while total income increased 8% to ₹302.8 crore. Platform gross merchandise value (GMV) grew 35% to ₹59,677 crore, while lending…

03 Nov

Bacardi’s Shake Your Future trains 57 hospitality aspirants in India in 2026

Business BureauBusiness

Bacardi, the family-owned spirits company, has completed the fourth cohort of its Shake Your Future programme in India in 2026, taking the total number of aspiring hospitality professionals trained this year to 57. The programme, organised in partnership with Bar Kala Academy, aims to help unemployed and underrepresented young adults build careers in hospitality, particularly mixology. Participants underwent 10 days of intensive training in bartending, beverage basics, mixology, flairing, personal branding, social media and communication, followed by three weeks of on-the-job industry exposure. Bacardi also connects graduates with placement opportunities through its hospitality network. Radhika Tomar, HR Director (INDSEA) at…

03 Nov

Tata Motors records 27% growth in commercial vehicle sales in October

Business BureauBusiness

Tata Motors Limited recorded a 27 per cent year-on-year growth in commercial vehicle sales in October 2026, selling 47,652 units across domestic and international markets, compared with 37,530 units in the corresponding month last year. Domestic commercial vehicle sales rose 13 per cent to 39,784 units from 35,108 units in October 2025, while international business sales surged 225 per cent to 7,868 units from 2,422 units. Among domestic segments, heavy commercial vehicle (HCV) truck sales increased 12 per cent to 12,030 units, while intermediate and light medium commercial vehicle (ILMCV) truck sales grew 17 per cent to 7,213 units. Passenger…

03 Nov

Godrej brings face recognition technology to home lockers and residential communities

Business BureauBusiness

Godrej Enterprises Group’s Security Solutions Business has launched two security products featuring facial recognition technology, extending advanced authentication systems to individual homes and residential communities. The company unveiled the NX Pro Ncrypt Home Locker and SEETHRU Third-i Multi Apartment Video Door Phone with a Face Recognition Lobby Unit, targeting consumers seeking enhanced security and convenience. The NX Pro Ncrypt combines facial recognition, fingerprint authentication and digital PIN access. It supports up to 19 facial profiles, 49 fingerprints and 19 user codes, with encrypted facial templates secured through 128-bit AES encryption. Priced from ₹47,499, the locker is available through authorised retail…

03 Nov

Hair Lab launches patented Smart Black hair colour for glove-free application

Business BureauBusiness

Hair Lab, a Godrej company, has launched Smart Black shampoo hair colour, a premium product featuring a patented formulation designed to offer a glove-free hair colouring experience at home. Launched on November 2, the product uses auto-oxidative hair colour technology and an in-house formulation without peroxide or ammonia. Enriched with gallic acid and aloe vera, it promises 100% grey coverage and natural-looking black colour in 15 minutes. Users can apply it with bare hands without brushes, gloves or mixing bowls, washing their hands with soap within three minutes of contact. Samir Suryawanshi, business head of Hair Lab, said the innovation…

03 Nov

Tax Hikes Dent ITC’s September Quarter Profit Despite Double-Digit FMCG Growth

nanika EditorBusiness

Diverse conglomerate ITC Ltd reported an 18.45 per cent decline in consolidated net profit at ₹4,229.33 crore for the September quarter (Q2FY26), primarily due to higher taxes hitting profitability in its core cigarette business, even as its FMCG, agribusiness, and paper segments posted robust performances. The Kolkata-headquartered company had posted a net profit of ₹5,186.55 crore in the corresponding quarter of the previous fiscal year. Consolidated revenue from operations for the quarter stood at ₹30,578.4 crore, marking an apparent increase of 43.85 per cent compared to ₹21,255.86 crore recorded in the year-ago period; however, the company clarified that these top-line…