Business - The Purbottar

03 Dec

Meesho faces major investor protest a day before IPO opens!

Purbalee DuttaBusiness

Meesho Ltd. encountered a significant setback just a day before its IPO, as several major investors withdrew from its anchor placement over what they saw as preferential treatment toward SBI Funds Management Pvt. Ltd. Sources told Bloomberg News that the company allocated roughly one-fourth of its anchor book to SBI Funds, prompting objections from other prominent asset managers. Firms such as Capital Group, Aberdeen Group, Norges Bank Investment Management, ICICI Prudential AMC, Nippon India Life AMC, and Nomura Asset Management reportedly sought allotments comparable to SBI Funds and chose to exit in protest when that did not happen. Despite these…

03 Dec

Godrej Industries Group hosts its inaugural Assistive Tech Conference 2025

Business BureauBusiness

Godrej Industries Group hosted its first Assistive Tech Conference 2025 in Mumbai on December 1, marking the International Day of Persons with Disabilities with a strong call for technology-driven inclusion at workplaces. The conference brought together start-ups, corporates, researchers, disability-rights advocates, and athletes to explore solutions that can reshape accessibility across India’s workforce. Parmesh Shahani, Head of Godrej DEI Lab, said the event reaffirmed that designing with empathy and equity can “build a world where everyone can thrive.” The conference featured 12 inclusive-tech start-ups, along with innovations from Access for All, NCPEDP, and AssisTech Foundation. Godrej Properties also launched its…

03 Dec

Turkish Airlines enters into a partnership with Samsung to launch Smart Tagged Baggage Service

Business BureauBusiness

Turkish Airlines has announced a major digital leap with its partnership with Samsung to launch the Smart Tagged Baggage Service, enabling passengers to track their luggage through Samsung’s Smart Things Find technology. Starting December 1, travellers can monitor bags equipped with Galaxy SmartTag, ensuring faster and more efficient location tracking in cases of misplacement or delay. With this move, Turkish Airlines becomes the first airline globally to integrate SmartThings technologies into baggage tracking, reaffirming its commitment to digital transformation with a passenger-first approach. Passengers will also be able to upload photos of their bags in the SmartThings Find app for…

03 Dec

Škoda Auto India crosses a landmark 500,000 units sold in its 25th year in India

Business BureauBusiness

Škoda Auto India has crossed a major milestone in its 25th year in the country, recording cumulative sales of over 500,000 units since its entry into the Indian market. The company reported sales of 5,491 units in November 2025, marking a sharp 90% year-on-year jump. Notably, Škoda has already achieved its highest-ever sales in the first ten months of 2025. Ashish Gupta, Brand Director, Škoda Auto India, attributed the strong performance to the company’s expanding network, value-driven ownership plans, and a robust product line. “These have been the chief driving forces behind our 5 lakh landmark sales and consistent year-on-year…

03 Dec

Nuvoco Vistas Corp. Ltd. announces the launch of the NUVOCO ZERO M UNNATI App

Business BureauBusiness

Nuvoco Vistas Corp. Ltd. has launched the NUVOCO ZERO M UNNATI App, a new digital platform aimed at strengthening engagement with its extensive influencer community, including contractors, waterproofing applicators, tile applicators, masons, and painters. Dealers, retailers, and distributors will also be able to access the app through their designated profiles. The app offers a seamless digital experience with real-time tracking of reward points, incentive updates, instant offer notifications, and quick access to detailed product information. It also integrates a direct helpline and call-centre support to ensure continuous assistance for users. Chirag Shah, Head of Marketing, Innovation and Sales Excellence at…

03 Dec

DWS, Gates Foundation review livelihood gains in Darjeeling tea estates

Business BureauBusiness

The Darjeeling Welfare Society (DWS) on Sunday hosted senior representatives from the Gates Foundation at Peshok Tea Estate for a detailed review of its livelihood project being implemented across seven tea gardens in the region. The initiative, executed by Grant Thornton Bharat, aims to support families in tea-growing areas through alternative income-generation activities. During the field visit, the delegation interacted with beneficiaries from Peshok, Panighatta, Makaibari, Moonda Kotee, Mangarjung, Samrikpani, and Ambootia tea estates. They inspected several key components of the project, including a demonstration plot, a nursery unit, oyster mushroom cultivation, and a dalle paste processing centre. Women entrepreneurs…

03 Dec

Renault India reports wholesales of 3,662 units in November 2025

Business BureauBusiness

Renault India has reported strong wholesale numbers for November 2025, registering 3,662 units, a 30.27% year-on-year increase from 2,811 units sold in the same month last year. The growth was primarily led by robust demand for the new Triber and Kiger models, reaffirming customer trust in the French automaker’s India strategy. The new Triber emerged as the top performer with 2,064 units sold, marking a 38.9% jump, while the new Kiger recorded 1,151 units, up 47.75% from November 2024—both benefiting from a relatively lower base. Renault also delivered 447 units of the Kwid, strengthening its entry-level portfolio. In Guwahati, Renault…

02 Dec

Nutritionist Leema Mahajan busts myths on palm oil as MPOC launches science-based podcast series

Business BureauBusiness

The Malaysian Palm Oil Council (MPOC) has launched a new six-part podcast series to clear growing confusion among Indian consumers about edible oils. The initiative comes at a time when online misinformation and misleading food labels are increasing. The series builds on MPOC’s earlier digital outreach that helped millions understand the science and nutrition behind Malaysian palm oil. The first two episodes feature nutritionist and digital creator Leema Mahajan, who discusses common myths about cooking oils in simple language. She explains that no single oil is “perfect” and says people should focus on balance, rotation of oils, and smart cooking…

02 Dec

MILKMAID commemorates India’s love for kheer with World Kheer Day

Business BureauBusiness

Nestlé MILKMAID, a name synonymous with delicious desserts announces World Kheer Day on 30 November, a day dedicated to the dessert that every Indian home has grown up with. Kheer is one dessert that truly unites India – divided in recipes and ingredients, united by the warmth and nostalgia it evokes. From festivals, homecomings to everyday celebrations, it continues to be a symbol of togetherness across the country. MILKMAID has helped keep this tradition alive in a way that is easy, quick and just as comforting. Manav Sahni, Head, Dairy Business, Nestlé India, said, "World Kheer Day is our way…

02 Dec

‘If you don’t want Sanchar Saathi, you can delete it’: Minister on govt’s mobile tracking app

Purbalee DuttaBusiness

Communications minister Jyotiraditya Scindia has clarified that the government-mandated Sanchar Saathi app can be removed by users. His remarks came a day after the Centre’s order to pre-install the app on all smartphones triggered a wave of privacy concerns. Speaking to ANI on December 2, Scindia said, “If you don’t want Sanchar Saathi, you can delete it. It is optional,” adding that the government’s responsibility is only to introduce the app, not force people to retain it. The app is promoted as a tool to verify the authenticity of devices and help trace lost phones. However, privacy advocates and Opposition…