Business - The Purbottar

01 Jun

LGT Global Hospitality posts strong FY26 growth, expands footprint across India and overseas

Business BureauBusiness

LGT Global Hospitality Limited has reported a strong financial performance for FY26, recording a 34.9 per cent year-on-year increase in revenue, driven by robust demand across corporate travel, MICE (Meetings, Incentives, Conferences and Exhibitions), hospitality services, and leisure travel segments. The company said growth during the year was supported by increasing traction in corporate travel management, inbound and outbound tourism, destination management, exhibitions, trade fairs, customized holidays, destination weddings, and experiential travel offerings. Strategic collaborations and acquisitions, including Yaja, Travflix and Holiday One, further strengthened its business ecosystem, customer engagement capabilities and market reach. As part of its expansion strategy,…

01 Jun

Strong Domestic Demand Pushes Mahindra Total Vehicle Sales to 99,636 Units in May

nanika EditorBusiness

Mahindra & Mahindra has clocked an impressive 20 per cent year-on-year growth for May 2026, with total vehicle sales hitting 99,636 units, including exports. The stellar performance highlights sustained demand across both the automotive and agricultural sectors, cementing M&M’s strong market momentum. The utility vehicle segment remained a major growth engine. Mahindra recorded domestic SUV sales of 58,021 units, marking an 11 per cent increase from the previous year. Total utility vehicle sales, factoring in exports, reached 59,573 units. Commenting on the performance, Nalinikanth Gollagunta, CEO of M&M’s Automotive Division, noted that while portfolio demand remains robust, overall production faced…

01 Jun

Narayana RN Tagore Hospital expands cardiac electrophysiology services to Siliguri

Business BureauBusiness

Narayana RN Tagore Hospital, Kolkata, has launched comprehensive Cardiac Electrophysiology (EP) services at Maxwell Hospital & Research Centre in Siliguri, bringing advanced diagnosis and treatment for cardiac rhythm disorders closer to patients in North Bengal, Sikkim and neighbouring regions. The initiative extends the hospital’s decade-long expertise in cardiac electrophysiology from its Mukundapur facility in Kolkata and aims to improve access to specialised care for patients suffering from irregular heart rhythms. The new unit will offer fast-track diagnosis, risk stratification and early intervention under the guidance of super-specialist cardiac electrophysiologists. The facility is equipped to diagnose and treat a range of…

30 May

Securing the Kitchen: Government Directs Oil Firms to Build 30-Day Strategic LPG Reserve Amid Global Conflicts

anuprova EditorBusiness

Drawing critical lessons from severe energy supply disruptions caused by the ongoing conflict in West Asia, the Central Government has officially instructed state-run Oil Marketing Companies (OMCs) to establish a dedicated 30-day strategic reserve of Liquefied Petroleum Gas (LPG). According to Petroleum Ministry Joint Secretary Sujata Sharma, this freshly mandated buffer will operate entirely over and above the existing 45-day operational rolling stock that oil retailers conventionally maintain to meet standard commercial and domestic cylinder demands. While India has actively worked to insulate its energy security by scaling up domestic LPG production to record highs and diversifying import channels through…

30 May

Coca-Cola partners Google Gemini to launch AI-powered ‘Halftime Surprise’ experience

Business BureauBusiness

Coca-Cola India has partnered with Google to launch “Coca-Cola Halftime Surprise”, an AI-powered consumer engagement platform built using Google Gemini, aimed at turning everyday Coke breaks into interactive digital experiences for Gen Z consumers. Launched on May 28, the campaign introduces three AI-led experiences that consumers can access by scanning QR codes on special Coca-Cola packs. Inspired by Coca-Cola’s global “Halftime” philosophy, the initiative combines storytelling, music and artificial intelligence to create personalised content and reward-based engagement. The experience allows users to enter themed digital worlds powered by Gemini’s Canvas feature. Consumers can create comic-strip narratives, music-inspired alter egos and…

30 May

Hero MotoCorp launches Super Splendor XTEC 2.0 with upgraded features and 72 kmpl mileage

Business BureauBusiness

Hero MotoCorp on Wednesday launched the all-new Super Splendor XTEC 2.0, an upgraded version of its popular 125cc commuter motorcycle, featuring enhanced technology, improved fuel efficiency and refreshed styling aimed at modern riders. The motorcycle maker said the latest Super Splendor XTEC 2.0 is part of its aggressive product revitalisation strategy and has been designed to offer a better everyday commuting experience. Built on the long-standing Splendor legacy that began in 1994, the motorcycle combines trusted performance with modern-day convenience features. Powered by a 124.7cc single-cylinder engine, the motorcycle delivers 10.7 bhp at 7500 rpm and 10.6 Nm torque at…

30 May

CBI Files First Chargesheet in Reliance ADA Case; 16 Accused, Including Top Bankers

nanika EditorBusiness

The Central Bureau of Investigation has filed its first chargesheet in a major case linked to the Reliance ADA Group. Submitted before a Special CBI Judge in Mumbai, the chargesheet names 16 accused individuals and entities, including Reliance Communications Limited (RCom), senior corporate executives, and several public sector bank officials. The investigative agency has leveled serious charges of criminal conspiracy, cheating, criminal misappropriation, and criminal misconduct. Among those accused are five senior RCom executives and 10 bank officials from the State Bank of India, Bank of Maharashtra, and the erstwhile Syndicate Bank. At the heart of the probe is the…

30 May

TCI posts double-digit revenue growth in Q4 FY2026

Business BureauBusiness

Transport Corporation of India Ltd. (TCI), an integrated multimodal logistics and supply chain solutions provider, on Tuesday reported strong financial growth for the fourth quarter and full financial year ended March 31, 2026, driven by improved performance across warehousing, multimodal movement and sector-specific logistics services. The company posted consolidated revenue of ₹1,336 crore in Q4 FY2026, registering an 11.6 per cent rise from ₹1,197 crore in the corresponding quarter last year. EBITDA increased 7.4 per cent to ₹174 crore from ₹162 crore, while profit after tax (PAT) climbed 8.7 per cent to ₹125 crore against ₹115 crore in Q4 FY2025.…

30 May

Narayana schools appoint sporting legends to mentor students in West Bengal

Business BureauBusiness

Narayana Group of Schools, West Bengal, has announced the appointment of a distinguished coaching panel featuring some of India’s most celebrated names in football and chess, in a move aimed at strengthening holistic education and nurturing future sporting talent. The new panel includes former football stars Jose Barreto, Alvito D’Cunha and Mehtab Hossain as football coaches, while renowned chess grandmaster Dibyendu Barua has been appointed as chess coach. The institution said the initiative marks a significant step in its efforts to provide students with opportunities for excellence beyond academics. Speaking on the development, Priyanka Mukherjee, CEO of Narayana Group of…

29 May

Facebook, WhatsApp Will No Longer Remain Free

Preeti SinghBusiness

Free services will no longer be available on Instagram, Facebook, and WhatsApp. The parent company, Meta, had previously announced this on multiple occasions. Recently, Meta has taken the initiative to collect fees from users through new versions of the apps.Under the newly introduced WhatsApp Plus, Facebook Plus, and Instagram Plus, users will have to pay money. The monthly fee for Instagram Plus and Facebook Plus will be approximately ₹340, while for WhatsApp, users will have to pay ₹255 per month.As a result of this new system by Meta, apprehensions are also growing that services on the older versions of the…