Business - The Purbottar

14 May

UWA India announces major scholarship push for Indian students

Business BureauBusiness

The University of Western Australia (UWA) has announced a major scholarship initiative through UWA India, marking one of its biggest standalone commitments in the Indian education sector. The move aims to make globally recognised education more accessible for Indian students from diverse academic, socioeconomic and regional backgrounds. Announcing the initiative, UWA Vice-Chancellor Professor Amit Chakma said the scholarship program reflects the university’s long-term commitment to India and its focus on expanding access to quality international education. “We are ensuring that financial constraints do not limit ambition. Our goal is to empower talented students across India to prepare for global careers,”…

14 May

AI drives India’s startup boom as ‘Portfolio Careers’ gain ground: LinkedIn

Business BureauBusiness

India is witnessing a sharp rise in entrepreneurship as artificial intelligence and digital tools reshape the country’s work culture, according to new data released by LinkedIn on May 12. The report showed a 104 per cent year-on-year increase in members adding “Founder” to their LinkedIn profiles in India, the highest growth recorded globally. The study highlighted how younger professionals are moving away from traditional career paths and embracing “portfolio careers” with multiple income streams. Around 75 per cent of Gen Z entrepreneurs in India said they have more than one source of income, compared to 62 per cent of Gen…

14 May

Berger Paints posts strong Q4 profit growth amid rising demand

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Berger Paints India Ltd has reported strong growth in its fourth quarter earnings for FY26, driven by improving domestic demand, higher volumes and better operating margins. The company posted a 38.1 per cent year-on-year rise in standalone net profit at Rs 327.3 crore for the quarter ended March 31, 2026, compared to Rs 236.9 crore in the corresponding quarter last year. According to the company’s financial results, standalone revenue from operations during the quarter rose 6.7 per cent to Rs 2,504 crore, while EBITDA increased 17.8 per cent to Rs 458.7 crore. The company also recorded volume growth of 11.8…

14 May

High Court allows withdrawal of petition against composition of Sir Ratan Tata Trust

anuprova EditorBusiness

The Bombay High Court has given its official nod to withdraw a petition challenging the present composition and some appointments in the Sir Ratan Tata Trust. In a recent hearing, the petitioner, who sought to question the internal governance and the selection process of trustees, withdrew the legal challenge. The court’s decision to allow the withdrawal effectively ends this particular legal battle over one of India’s most prominent philanthropy outfits. The petition had originally raised concerns about whether the trust’s leadership structure was in strict compliance with its governing bylaws. However, when the matter was called for hearing, the counsel…

14 May

Tata Motors posts record FY26 results, announces Rs 4 dividend amid strong CV growth

Business BureauBusiness

Tata Motors reported a strong financial performance for the fourth quarter and full year FY26, driven by robust commercial vehicle demand, improved operational efficiency and higher exports. The company’s standalone commercial vehicle revenue for Q4 FY26 rose 22 per cent year-on-year to ₹24,452 crore, while EBITDA increased 35 per cent to ₹3,400 crore with margins improving to 13.9 per cent. Profit before tax stood at ₹2,972 crore, up 58 per cent from the previous year. Profit after tax for the quarter surged 70 per cent to ₹2,400 crore. For the full financial year FY26, Tata Motors posted standalone revenue of…

14 May

Routledge title by Meghalaya IAS Officer gains global market traction in metaphysics segment

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Shillong-based IAS officer and medical doctor Dr. Joram Beda has entered the international academic publishing market with his new book, Nature of Information: Shaping Reality, Life, and Consciousness, published by UK-based Routledge under the Taylor & Francis Group.The title is witnessing growing traction across online academic and retail platforms, signalling rising reader interest in interdisciplinary subjects linking science, consciousness, artificial intelligence and philosophy. The book explores information as a possible foundational organising principle of reality, drawing from fields such as physics, biology, neuroscience, cognition and technology studies.Market performance indicators show strong early momentum for the publication. On Amazon India, the…

14 May

AI could add $500 billion to India’s economy by 2030: IBM-IndiaAI study

Business BureauBusiness

Artificial Intelligence (AI) could contribute more than $500 billion to India’s economy by 2030, according to a new study released by the IBM Institute for Business Value and IndiaAI. The report said AI is rapidly emerging as a key driver of India’s economic transformation and could position the country among the world’s leading AI-powered economies. The study, titled ‘From Promise to Power: How AI is Redefining India’s Economic Future’, found that 80 per cent of Indian business leaders believe AI investments will directly influence the country’s GDP growth, while 73 per cent expect India to emerge as a global AI…

13 May

Vi reports 65% surge in data usage in Assam, Northeast amid network expansion

Business BureauBusiness

Vodafone Idea (Vi) on Monday said its data consumption in Assam and the North East circles grew by 65 per cent between January and December 2025, driven by major network expansion and rising demand for unlimited data plans among customers. The telecom operator said it added more than 890 new network sites across key spectrum bands in the region during the period, extending its coverage to 19 additional towns. Vi stated that the expansion is part of its broader national network transformation programme aimed at improving connectivity and increasing 4G population coverage across the country. According to the company, the…

13 May

TVS Orbiter campaign targets India’s fast-moving urban youth

Business BureauBusiness

TVS Motor Company has unveiled a new campaign for its electric scooter TVS Orbiter, positioning the vehicle as a mobility solution for India’s new-age urban generation balancing busy schedules, work, fitness, friendships and personal aspirations. Built around the theme “Always On The Move With You”, the campaign showcases TVS Orbiter as a smart, stylish and practical electric scooter designed for consumers constantly on the go. The campaign film captures everyday moments such as college runs, office commutes, gym sessions, side hustles and late-night outings, reflecting the fast-paced lifestyles of urban youth. Adding a nostalgic touch, the campaign integrates the popular…

13 May

From Self-Doubt to Success: Kolkata Mom’s Inspiring Oriflame Journey This Mother’s Day

Business BureauBusiness

A small decision taken by a mother in 2005 to rebuild her confidence and contribute financially to her family has today become a story of inspiration spanning two generations. Haichai, who spent much of her childhood quietly watching her mother work on an old computer after school, says those moments shaped her understanding of resilience, discipline and independence. What once seemed like ordinary evenings filled with notebooks, meetings and handwritten notes later became the foundation of her own confidence and outlook towards life. According to the family, Haichai’s mother began her journey with Oriflame after attending a seminar at Mahajati…