Business - The Purbottar

22 May

Vi launches flexible International Roaming Plans to suit every travel this summer

Business BureauBusiness

Vi has launched a new range of flexible International Roaming (IR) plans for postpaid customers, introducing fresh 7-day, 14-day and 21-day validity packs aimed at offering greater convenience and flexibility for overseas travellers during the summer season. The telecom operator said the new offerings have been designed to cater to the growing and diverse travel needs of customers travelling abroad for business, education, medical tourism and leisure purposes. With the latest additions, Vi’s international roaming portfolio now includes 17 different IR packs with validity options ranging from one day to 30 days. According to the company, the plans cover more…

22 May

Japan Inflation Dips to 4-Year Low, But Impending Energy Shock Points to Sharp Rebound

anuprova EditorBusiness

Japan’s core consumer prices have dropped to a four-year low, intensifying concerns over stagnant economic growth but also setting the stage for a bumpy recovery. Official data showed core inflation, which strips out volatile fresh food prices, fell sharply as weak domestic demand and lingering pandemic-era subsidies pushed prices lower. The protracted period of deflationary pressure highlights the problems that the Bank of Japan still faces in achieving its elusive inflation goals on a sustainable basis. But economists warn this period of cooling is probably a temporary lull before an impending economic storm. A huge global energy shock is the…

22 May

Union minister reviews Hindustan Zinc’s tech-driven mining operations in Rajasthan

Business BureauBusiness

Hindustan Zinc Ltd has hosted Union Minister for Coal and Mines G. Kishan Reddy at its Rajpura Dariba Complex in Rajasthan, where the minister reviewed the company’s underground mining operations, integrated smelting facilities and community development initiatives. During the visit, the minister toured the Sindesar Khurd Mine, one of the world’s largest silver-producing underground mines, and the Dariba Smelting Complex. He reviewed tele-remote mining systems, safety infrastructure, paste filling technology and remote-operated equipment used by the company for underground operations. The minister also witnessed a live demonstration by India’s first women mine rescue team and interacted with workers, women mining…

21 May

Adani moves ahead with ₹5,700 crore Jaypee asset buyout under monitoring panel’s watch

anuprova EditorBusiness

The Adani Group's acquisition of key assets of Jaiprakash Associates has formally entered the implementation stage, with the constitution of a monitoring committee for the exercise. This oversight body will monitor a number of transaction agreements worth nearly ₹5,700 crore in total to ensure a smooth transfer of the operations and properties of the debt-laden firm to various Adani business entities. The monitoring panel, set up to supervise the insolvency resolution plan approved by the National Company Law Tribunal, formally cleared the signing of definitive asset-transfer agreements. With this authorised structure in place most of the asset buyout will be…

21 May

SBI Fuels India’s EV Ecosystem With ₹8,000 Crore Funding Line to JSW Motors

nanika EditorBusiness

Billionaire Sajjan Jindal’s automotive venture, JSW Motors, has secured a massive ₹8,000 crore ($826 million) funding line from the State Bank of India (SBI). This major financial backing ensures the company’s ambitious plans for its new energy vehicle business remain firmly on track. According to sources familiar with the matter, the credit facility from India’s largest lender carries a tenor of more than 10 years. A spokesperson for JSW Motors confirmed that the capital will partially fund a greenfield manufacturing facility in Maharashtra. To manage its exposure, SBI may later sell down parts of the loan to other lenders in…

20 May

ABD posts record FY26 profit, recommends 270% dividend

Business BureauBusiness

Allied Blenders and Distillers Limited (ABD) on May 14 reported its highest-ever annual EBITDA and profit after tax (PAT) for FY26, driven by strong premium portfolio growth, luxury expansion and improved operational efficiency. The company posted an EBITDA of ₹568 crore for FY26, registering a growth of 25.8 per cent compared to ₹451 crore in FY25. PAT rose 13 per cent to ₹220 crore, while income from operations increased 11.5 per cent to ₹3,949 crore. In the fourth quarter, ABD recorded its highest-ever quarterly EBITDA of ₹182 crore, up 21.2 per cent year-on-year. ABD Managing Director Alok Gupta said FY26…

20 May

CenturyPly reclaims 30% IT workload with ManageEngine-led digital transformation

Business BureauBusiness

Century Plyboards India Limited (CenturyPly) has consolidated its IT operations using enterprise management solutions from ManageEngine, a division of Zoho Corporation, helping the company reclaim nearly 30 per cent of its IT workload while significantly improving operational efficiency and cybersecurity monitoring. The company said the deployment eliminated more than 50 daily password-related help desk calls and automated the onboarding of 70–100 employees every month. CenturyPly, which operates multiple manufacturing plants and regional offices across India, had been facing operational challenges due to fragmented IT systems and rising workforce expansion. According to the company, engineers earlier spent hours manually creating Active…

20 May

Campus Activewear Unveils a New Identity in a Major Brand Evolution Focused on Individuality, Movement and Culture

Business BureauBusiness

Campus Activewear Ltd – one of India’s largest Sports and Athleisure brands – unveiled its new brand identity at its Annual Distributors’ Meet- Shoecase 2026. More than a visual refresh, this heralds a pivotal moment in the Company’s growth journey. The unveiling signals Campus’ evolution into a more culture-led, future-facing brand that resonates with a generation that is defining its own direction driven by individuality, movement and self-expression. At the heart of the identity shift are three outward arrows and lines that symbolise multidirectional paths, choices and possibilities, reinforcing the belief that there is no singular route to growth or…

20 May

Tata Coffee Gold launches summer-ready café-style coffee experience at home

Business BureauBusiness

As summer temperatures rise across the country, Tata Coffee Gold has introduced its premium freeze-dried coffee range aimed at bringing café-style coffee experiences into homes. The company highlighted that the range is designed for both hot and cold coffee preparations, offering consumers a variety of flavours for everyday indulgence during the summer season.The range includes five variants — Original, Vanilla, Hazelnut, Brownie and Tiramisu — each positioned to cater to different consumer preferences. The Original variant offers a rich and full-bodied coffee taste with a strong aroma, while Vanilla focuses on smooth and mellow flavours suitable for creamy lattes and…

20 May

Tvs Racing successfully concludes Nationwide Training & Selection Program for Tvs India Omc 2026

Business BureauBusiness

Building on over four decades of racing excellence, TVS Racing today announced the successful completion of the TVS India One Make Championship (OMC) 2026 Training & Selection Program. Conducted across four cities in India, the initiative reaffirmed TVS Racing’s long-standing commitment to identifying, training and nurturing the next generation of racing talent in the country. The final selection round was held between May 15 and May 17, 2026 at the Madras International Circuit (MIC), Chennai. Over 120 participants took part in the program across multiple categories - Women, Media, Rookie, Electric and TVS Apache RR310 Expert categories. TVS India One…