Business - The Purbottar

23 Mar

Škoda bets on value disruption with new Kushaq, eyes growth in competitive SUV market

Business BureauBusiness

Škoda Auto India has rolled out the upgraded ‘Easy to Love’ Kushaq with a strong value-driven strategy, pricing the 1.0 TSI range from ₹10.69 lakh (ex-showroom), as it looks to strengthen its position in India’s fast-growing compact SUV segment. The new Kushaq, available in five trims — Classic+, Signature, Sportline, Prestige and Monte Carlo — introduces segment-first features such as an eight-speed torque converter automatic and a rear seat massager, alongside standard equipment like LED lighting, electric sunroof and advanced infotainment systems. The SUV retains its turbocharged petrol line-up, with the 1.0 TSI delivering up to 85 kW and the…

21 Mar

Bandhan Life launches accidental cover rider offering protection up to Rs 3 Crore

Business BureauBusiness

Amid persistent safety risks across India despite rising investments, Bandhan Life has introduced a new add-on insurance cover aimed at strengthening financial protection for families in case of accidental deaths. The company’s Linked Enhanced Accidental Death Benefit (ADB) Rider offers coverage of up to ₹3 crore, targeting risks such as train and air accidents, stampedes, and fires at large gatherings. India has significantly increased spending on safety, with Indian Railways’ safety budget rising from ₹39,463 crore in 2013–14 to ₹1,16,470 crore in 2025–26, while consequential train accidents dropped sharply. However, risks remain substantial, with NCRB data showing 21,803 deaths in…

21 Mar

Nissan rolls out 55-minute vehicle exchange program with Spinny across India

Business BureauBusiness

Nissan Motor India has launched a nationwide 55-minute vehicle exchange programme in partnership with Spinny, aiming to simplify and speed up the car upgrade process. The initiative allows customers to get their vehicles evaluated on the spot and avail exchange bonuses while purchasing new Nissan cars. Under the programme, dedicated Spinny evaluators will be deployed across 30 cities, supporting dealerships and scheduling appointments at Spinny touchpoints. Nissan dealerships will also host on-ground Spinny counters to provide real-time assistance. Customers can access the service both physically at dealerships and through Spinny’s digital platform. A key feature of the collaboration is the…

21 Mar

TVS iQube campaign goes big, targets mass reach as ‘India’s Favourite Family EV’

Business BureauBusiness

TVS Motor Company has launched a new nationwide campaign for its flagship electric scooter, TVS iQube, positioning it as “India’s Favourite Family EV” while marking one of its biggest television pushes to date. The campaign highlights the strong emotional connect built with over 8.5 lakh families across the country and underscores the brand’s growing role in India’s electric mobility journey. With a high-impact rollout, the campaign will feature across major platforms including the IPL and films, aiming to reach a wide and diverse audience. TVS Motor said the campaign reflects its focus on customer-driven innovation and everyday usability. The campaign…

20 Mar

CDSL–KPMG report pushes data-driven overhaul of India’s securities market with ‘3C’ framework

Business BureauBusiness

Central Depository Services (India) Limited (CDSL), in collaboration with KPMG in India, has released the third edition of its “Reimagine” thought leadership report, calling for a data-led transformation of India’s securities market. Titled “Reimagine: Securities Market through Data Synergy,” the report introduces a Creation–Control–Culture (3C) framework to strengthen governance, innovation, and transparency across the ecosystem. The report stresses that “data risk is market risk” and proposes a structured approach to build shared data infrastructure, strengthen cyber safeguards, and promote responsible data practices. It also suggests a central regulatory operating model to improve interoperability, align regulatory expectations, and enhance investor protection…

20 Mar

Flipkart Group CFO Sriram Venkataraman Steps Down as E-commerce Giant Prepares for Public Listing

anuprova EditorBusiness

In a major executive transition that has caught the attention of the global financial and tech sectors, Sriram Venkataraman, the Group Chief Financial Officer of Flipkart, has resigned from his position. This high-profile departure comes at a critical juncture for the Walmart-owned e-commerce leader, as it actively scales its operations and streamlines its internal structures in anticipation of a much-awaited Initial Public Offering (IPO). Venkataraman, a seasoned finance veteran who has been a pillar of Flipkart’s leadership for several years, played an instrumental role in navigating the company through complex funding rounds, strategic acquisitions, and the integration of diverse business…

20 Mar

Gujarat Revives Mundra Power Deal, Boosting India’s Coal Supply Push

nanika EditorBusiness

Gujarat has approved a revised long-term power supply agreement with Tata Power, paving the way for the resumption of operations at the company’s 4-gigawatt Mundra plant. The decision is seen as a strategic step toward strengthening India’s energy security ahead of the high-demand summer season.The Mundra plant, which relies on imported coal, had remained non-operational for the past six months. This followed the withdrawal of a government provision that earlier compensated power producers for the higher costs of imported coal. Without that support, operations became financially unviable, leading to a temporary shutdown.The newly approved agreement offers a fresh lifeline to…

20 Mar

Ai+ Smartphone announces strategic IPL partnership with Mumbai Indians, KKR

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Ai+ Smartphone today announced its onboarding as the Official Smartphone Partner for two leading IPL franchises; Mumbai Indians and Kolkata Knight Riders for the upcoming T20 season, marking a key step in its brand expansion strategy. The partnership places Ai+ Smartphone at the centre of one of India’s most powerful cultural platforms, enabling direct engagement with millions of cricket fans. As part of the collaboration, the company will offer exclusive fan experiences including player meet-and-greet opportunities, match tickets, signed merchandise, and access to exclusive player content captured on Ai+ devices. Madhav Sheth, CEO of Ai+ Smartphone and Founder of NxtQuantum…

20 Mar

Strong Financial Discipline and Health Awareness Drive East India’s Retirement Preparedness

Business BureauBusiness

Axis Max Life Insurance Ltd., formerly known as Max Life Insurance Company Ltd., has announced the East Zone findings of the fifth edition of its flagship India Retirement Index Study (IRIS 5.0), conducted in partnership with Kantar. The study reaffirms East India’s leadership in retirement preparedness, with the region recording the highest index score of 52, surpassing the national average of 48. The findings highlight strong performance across financial and health preparedness. The Financial Preparedness Index remains stable at 52, the highest among all regions, reflecting disciplined investment habits, with nearly 75% of respondents already investing for retirement. Early planning…

20 Mar

Turkish Airlines expands UK network, launches London Stansted flights as third London gateway

Business BureauBusiness

Turkish Airlines has expanded its footprint in the United Kingdom by adding London Stansted Airport as its third gateway in the capital, after London Heathrow and London Gatwick. The new service, operated with 15 weekly flights, strengthens the airline’s presence in one of its key strategic markets. With this addition, the airline now serves six destinations in the UK — London Heathrow, London Gatwick, Birmingham, Manchester, Edinburgh, and London Stansted. Combined with Dublin, Turkish Airlines’ total weekly frequencies across the UK and Ireland will reach 168 during the summer schedule. The move further enhances connectivity to its global network spanning…