Business - The Purbottar

07 May

ABD’s Rangapur facility wins best factory award, strengthens premium push

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Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits company by volume, has been awarded the Best Factory/Management Award for its integrated manufacturing facility at Rangapur in Wanaparthy district, Telangana. The recognition was conferred by the Labour, Employment, Training & Factories Department during International Labour Day celebrations on May 1, 2026, highlighting excellence in manufacturing and management. ABD’s Rangapur facility serves as a key production hub, housing an ENA distillery, an IMFL bottling unit, and a PET bottle manufacturing plant commissioned in September 2025. The integrated infrastructure enables better control over production cycles, cost efficiencies, and supply chain logistics.…

07 May

Tata Motors marks 21 years of ace with launch of Ace Gold+ XL, rolls out ‘Ikkis Saal Bemisaal’ campaign

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Tata Motors has launched the all-new Ace Gold+ XL, marking 21 years of its iconic small commercial vehicle, the Tata Ace. The launch also coincides with the rollout of the nationwide ‘Ikkis Saal Bemisaal’ campaign, celebrating entrepreneurs who have built livelihoods around the ‘Chota Haathi’. Designed for higher payloads and longer applications, the Ace Gold+ XL features an 8-foot load body and 1-tonne payload capacity, aimed at boosting cargo volume and earnings. Powered by a 700cc turbocharged diesel engine delivering 22 PS power and 55 Nm torque, the vehicle uses Lean NOx Trap (LNT) technology, eliminating the need for Diesel…

06 May

Dream Sports launches DreamStreet to boost retail investing participation

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Dream Sports has announced the launch of DreamStreet, a new-age broking platform aimed at simplifying investing and expanding demat account penetration across India. The platform integrates AI-driven insights with access to SEBI-registered Research Analysts and Investment Advisors to help users make informed investment decisions. Designed primarily for first-time investors, DreamStreet will initially offer investments in stocks and ETFs, with Futures & Options (F&O) and IPO services expected to be rolled out in the coming weeks. Key features include expert-backed stock insights, AI-enabled data access, and an in-built AI assistant “Veda” to provide analysis and guidance. Rahul Mirchandani, Co-Founder and CEO…

06 May

#NowForClimate campaign launched: Bhamla Foundation flags off mega tree plantation drive for World Environment Day 2026

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The Bhamla Foundation has announced the launch of a large-scale tree plantation drive for World Environment Day 2026 under its #NowForClimate campaign, in collaboration with Brihanmumbai Municipal Corporation, the Ministry of Environment, Forest and Climate Change, United Nations Environment Programme and Godrej Industries Group. Godrej L’Affaire will serve as the digital amplification partner. The initiative aims to expand Mumbai’s green cover while encouraging citizens, youth and communities to take part in climate-positive actions through plantation drives across key locations in the city. The flag-off event will be attended by public figures including Malaika Arora, Sachiin J Joshi, Sadia Khateeb, Shaan,…

06 May

Vi enters microdrama space, offers bullet app content free on movies & TV platform

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Telecom operator Vodafone Idea (Vi) has announced its entry into the fast-growing microdrama segment through its content platform Vi Movies & TV, offering content from Bullet Microdrama App free of cost. The move targets rising demand for mobile-first, short-format serialised content among India’s smartphone users. Microdramas, which are gaining traction rapidly, saw India account for 11% of global downloads in Q1 2025, touching 35 million installs. Industry estimates project the market to grow to $1.5 billion by 2026 and $4.5 billion by 2030, driven by increasing consumption in Tier II and III markets and younger audiences. Daily watch time ranges…

06 May

Nissan launches GRAVITE CNG with twin-cylinder tech, targets 7-seater efficiency segment

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Nissan Motor India Private Limited on Monday launched a government-approved CNG retrofitment kit for the all-new Nissan GRAVITE, introducing a segment-first twin-cylinder setup aimed at enhancing fuel efficiency without compromising space. Priced at an introductory ₹82,999, the kit will be available across 60 cities in 16 states through authorised dealers. The GRAVITE CNG features two 25-litre cylinders, enabling full 7-seater functionality while retaining boot space and comfort. Developed and quality assured by Motozen, the kit comes with a third-party warranty of three years or 1,00,000 km. Nissan said the solution offers lower running costs and supports environmentally conscious mobility. Senior…

06 May

Pune Gas expands to Northeast, launches experience centre in Gangtok

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Pune Gas has launched its ninth Experience Centre in Gangtok, marking a key step in its expansion into Northeast India under the Centre’s ‘Act East’ policy. The facility was inaugurated in the presence of Chairman and Managing Director Jaisinh Sampat and Executive Director and CEO Jesal Sampat, along with franchise partners Sanjay Jain, Prince Jain and Karan Jain. The event was attended by guests of honour including Sundeep Malu, Sara Lama and Amar Agarwal. The centre will showcase advanced solutions such as LPGenius, a smart LPG system ensuring full fuel utilisation, and FuelFusion, a dual-fuel technology aimed at reducing diesel…

05 May

Jet fuel price surge turns structural risk for Indian aviation, warns Aon executive

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Indian airlines are facing rising financial strain as aviation turbine fuel (ATF) prices surge, with industry experts warning that fuel volatility is no longer a short-term shock but a structural risk. Sunil Kadam, Executive Vice President, Airlines & General Aviation, Commercial Risk Solutions, India at Aon, said escalating global oil prices, compounded by geopolitical tensions in West Asia and airspace constraints, are significantly impacting airline operations. Kadam noted that ATF remains one of the largest cost exposures for Indian carriers. Higher fuel prices, longer routing due to restricted airspace and increased fuel burn are reducing network efficiency, especially on international…

05 May

Lindberg clinches Turkish Airlines Open 2026 Title in Antalya thriller

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Sweden’s Mikael Lindberg secured a dramatic victory at the 2026 Turkish Airlines Open, finishing with a total score of 278 (-10) at the National Golf Club in Belek, Antalya. Italy’s Guido Migliozzi and Daniel Rodrigues shared the runner-up position after an intense final round. The trophy was presented by Türkiye’s Minister of Youth and Sports Dr. Osman Aşkın Bak and Turkish Airlines Chief Commercial Officer Harun Baştürk. The ceremony drew prominent dignitaries, including former Foreign Minister Mevlüt Çavuşoğlu, Antalya Governor Hulusi Şahin, Turkish Golf Federation President Yıldırım Demirören, Regnum Hotels owner Fikret Öztürk, and DP World Tour official Mark Casey.…

05 May

TVS Motor posts 7% sales growth in April despite supply chain challenges

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TVS Motor Company reported a 7 per cent rise in overall sales for April 2026, driven by strong retail demand across domestic and international markets, even as supply chain disruptions affected production and dispatch volumes. The company said it sold 4,73,970 units in April 2026 compared to 4,43,716 units in the same month last year. However, dispatch volumes were impacted due to lower production caused by workforce shortages, raw material constraints, shortages of consumables among tier-1 and tier-2 suppliers, and limited container availability for exports. The Bengaluru-based automaker said corrective measures have been put in place and production is expected…