Business - The Purbottar

13 Mar

MSDE signs MoU with GATI Foundation to boost overseas job opportunities for skilled Indian workers

Business BureauBusiness

The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, on Friday signed a Memorandum of Understanding (MoU) with the GATI Foundation, a project under the SFI Impact Foundation, to strengthen institutional mechanisms supporting overseas employment and global mobility for skilled Indian workers. The agreement aims to establish a strategic framework for collaboration between the two organisations to position India as a global hub of skilled talent while enabling Indian youth to access international employment opportunities in a structured and sustainable manner. Under the MoU, MSDE and the GATI Foundation will jointly develop a comprehensive, data-driven roadmap for overseas…

13 Mar

75.8% Indians now active dairy consumers, multi-product dairy basket driving household nutrition: Godrej Jersey Report

Business BureauBusiness

A new Lactography Report released by Godrej Jersey has revealed that 75.8% of Indians are now active dairy consumers, indicating that milk and dairy products have become deeply embedded in everyday household nutrition across the country. The report highlights that Indian households increasingly consume multiple dairy products alongside milk, including curd, paneer, ghee, butter, lassi, yogurt and cheese. According to the findings, Indian homes are gradually building what the report calls a “dairy basket”, where several dairy products are consumed regularly rather than relying solely on milk. Among active dairy consumers, curd leads with 80% preference, followed by paneer (76%),…

13 Mar

Mahindra ramps up production of OJA 2130 Tractor series ahead of farm season demand

Business BureauBusiness

Mahindra Tractors, part of the Mahindra Group, has announced that it is ramping up production of its OJA 2130 tractor series in anticipation of higher demand during the upcoming agricultural season. The new range, positioned in the 30 HP category, includes the OJA 2130 – PROJA, OJA 2130 with larger 9.5x18 tyres, and the OJA 2130 Narrow Track with Forward and Reverse shuttle. The OJA 2130 series is designed to improve productivity, comfort and cost-effectiveness for farmers. The tractors come with standard 4WD, a best-in-class power-to-weight ratio and compatibility with a wide range of implements, making them suitable for horticulture,…

13 Mar

Godrej Consumer Products tops global sustainability ranking on Dow Jones Index

Business BureauBusiness

Godrej Consumer Products Limited (GCPL) has been ranked the world’s No.1 sustainable FMCG company on the Dow Jones Best-in-Class Sustainability Index 2025, marking the first time the company has secured the top global position on the prestigious benchmark. The company scored 89 out of 100 in the Personal Products category in S&P Global’s Corporate Sustainability Assessment (CSA), which evaluated more than 3,500 companies worldwide. The assessment measures performance across environmental, social and governance (ESG) parameters including emission reduction, sustainable sourcing, packaging management, water stewardship, labour practices and product lifecycle management. The recognition also marks a milestone year for GCPL as…

13 Mar

Rasna launches Nutri+ for summer 2026, revives ‘Prankies’ with digital campaign featuring Rakul Preet Singh

Business BureauBusiness

India’s iconic beverage brand Rasna has launched Rasna Nutri+, a nutrition-enriched powder concentrate, marking what the company calls a major push into the growing health drinks segment while retaining its signature taste. Developed by Rasna’s R&D division, the new product blends traditional refreshment with added vitamins and minerals aimed at meeting the wellness needs of modern Indian families. The launch comes as India’s health drinks market, valued at USD 9 billion in 2024, is projected to grow at 11–12% CAGR over the next decade. Rasna Nutri+ is positioned to tap this demand for functional beverages enriched with nutrients. As part…

13 Mar

Seagate launches next-gen Mozaic 4+ platform with up to 44TB hard drives to power AI-scale data growth

Business BureauBusiness

Seagate Technology has announced its next-generation Mozaic™ 4+ storage platform, introducing the industry’s highest-capacity hard drives designed to support the rapid expansion of artificial intelligence and large-scale data centres. The company said the Mozaic 4+ platform, built on heat-assisted magnetic recording (HAMR) technology, is the only HAMR-based storage platform currently deployed at scale. The platform supports hard drives with capacities of up to 44TB and is already qualified and in production with two leading hyperscale cloud providers. Seagate said the new system incorporates a next-generation suspension architecture and an enhanced system-on-a-chip, enabling precise data recording at higher densities while maintaining…

13 Mar

TVS Motor launches Orbiter V1 electric scooter with BaaS model, price starts at Rs 49,999

Business BureauBusiness

TVS Motor Company on Thursday expanded its electric vehicle portfolio with the launch of the TVS Orbiter V1, a new entry-level electric scooter powered by a 1.8 kWh battery. Along with the launch, the company also introduced Battery-As-A-Service (BaaS) across its EV portfolio to provide customers with a flexible ownership model. With the addition of the Orbiter V1 and the BaaS model, the company’s EV scooter range now starts at ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive subsidy). Customers opting without the BaaS model can purchase the scooter at ₹84,500 (ex-showroom Delhi). The BaaS option separates the vehicle cost from…

12 Mar

V-Guard’s Luxecube Water Heater wins German Design Award 2026

Business BureauBusiness

V-Guard Industries Limited has won the prestigious German Design Award 2026 for its innovative Luxecube Water Heater. The award, presented by the German Design Council, recognises excellence in product design. The award ceremony was held in Frankfurt and brought together leading designers and industry experts from 17 nationalities. The 2026 edition of the awards received more than 3,900 entries from 57 countries, making it one of the most competitive global design platforms. V-Guard’s win highlights its focus on combining functionality, aesthetics and everyday usability in product development. This also marks the company’s second consecutive win at the German Design Awards…

12 Mar

Secret Caves and Russian Crude: India’s Strategic Shield Against the Middle East Oil Shock

anuprova EditorBusiness

As the conflict between Iran and Israel intensifies, threatening the world’s most critical energy artery—the Strait of Hormuz—India has activated a sophisticated, multi-layered defense strategy to safeguard its economy from a potential oil shock. Central to this "shock-proofing" effort is a network of secret, massive underground rock caverns known as Strategic Petroleum Reserves (SPR). Located deep beneath the earth in Visakhapatnam, Mangaluru, and Padur, these high-security "caves" hold approximately 5.33 million metric tonnes of crude oil, providing a vital emergency buffer that can sustain national demand for nearly ten days. These facilities are uniquely designed to be impervious to the…

12 Mar

Renault unveils ‘futuREady’ strategy, plans 36 new models and strong push for electrification by 2030

Business BureauBusiness

Renault Group has announced a new global strategic plan titled “futuREady”, marking the next phase of its transformation as the company aims to strengthen its position as the reference European carmaker in an increasingly competitive automotive industry. The strategy builds on the success of the Renaulution plan launched in 2021, which helped the company regain momentum through product renewal and stronger brand positioning. Under the new roadmap, Renault Group plans to launch 36 new models by 2030, including 22 in Europe with 16 electric vehicles, while expanding its presence in key growth markets such as India, South America and South…