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24 Apr

Kotak bets on instant working capital loans as firms seek faster cash access

Business BureauBusiness

Kotak Mahindra Bank has expanded its instant Working Capital Demand Loan facility for corporate customers after disbursing more than Rs 9,000 crore during its pilot phase, signalling a shift in how businesses are managing short-term funding requirements. The bank said eligible corporates can now access working capital loans within seconds through its digital platform, fyn (for your needs), eliminating manual processing delays and banking cut-off timings that traditionally slowed loan access despite pre-approved limits. Companies can apply by entering details such as loan amount and tenure, following which pricing checks and disbursement are completed digitally. Anu Aggarwal, President and Head…

24 Apr

West Bengal’s Reshmi Deokota to represent state at Miss Grand India 2026

Business BureauBusiness

Reshmi Deokota from West Bengal will represent the state at the prestigious Miss Grand India 2026, scheduled to be held in Delhi. She will compete alongside contestants representing different states and Union Territories from across the country. Miss Grand India is regarded as one of India’s leading beauty pageants, where participants are judged through multiple rounds focused on beauty, confidence, intelligence, communication skills, and advocacy. The winner of the competition will earn the opportunity to represent India at the international-level Miss Grand International pageant. Reshmi began her modeling career at the age of 15 and has spent more than a…

24 Apr

Motorola launches edge 70 pro with AI camera, 144Hz display at Rs 36,999

Business BureauBusiness

Motorola has launched the new motorola edge 70 pro smartphone in India, introducing a flagship-grade device focused on low-light photography, AI-powered performance and premium design aesthetics. The smartphone will go on sale from April 29 through Flipkart, Motorola.in and retail stores at a starting effective price of Rs 36,999. The device is powered by the MediaTek Dimensity 8500 Extreme processor and comes with up to 12GB LPDDR5X RAM and 256GB UFS 4.1 storage. Motorola said the handset is designed to deliver faster multitasking, gaming and AI-driven imaging performance, supported by a 4600mm² vapor chamber cooling system and 17 5G bands.…

24 Apr

Sprite adds a minty twist to summer with its first-ever flavour – Sprite Lemon Mint

Business BureauBusiness

Beverage major The Coca-Cola Company has launched Sprite Lemon Mint, the first flavour innovation for Sprite in India, as the company looks to tap into rising consumer demand for cooling summer beverages inspired by familiar local tastes. The limited-edition drink combines Sprite’s signature lemon-lime flavour with mint notes, a combination the company said reflects the common Indian habit of adding mint to chilled summer drinks for extra refreshment. The launch is backed by a new advertising campaign conceptualised by WPP’s StudioX and features actor-comedian Sunil Grover promoting the brand’s “Thand Rakh” message of staying calm in stressful moments. Sumeli Chatterjee,…

24 Apr

Climate Stress Test Shows Floods, Landslides Pushing India’s Infrastructure Toward Uninsurability

Business BureauBusiness

India’s construction and infrastructure sector is facing growing challenges from climate-related risks, with experts warning that extreme heat, flooding and rapid urbanisation are threatening the resilience of major projects across the country. In a statement issued on Tuesday, Aon said climate volatility is increasingly affecting infrastructure projects at every stage, from planning and construction to long-term operations. According to Nisheeth Srivastava, President and Head of Property, Construction, Power and Infrastructure at Aon India, flooding continues to be one of the most disruptive threats to the sector. Aon’s Climate and Catastrophe Insight reports identified flooding as a major cause of economic…

22 Apr

ADNIC secures regulatory approval to establish branch in India, marking key milestone in international expansion

Business BureauBusiness

Abu Dhabi National Insurance Company (ADNIC) has received regulatory approval to establish a branch in India’s International Financial Services Centre at GIFT City, marking a key milestone in its international expansion. The licence, effective April 1, 2026, allows the company to undertake reinsurance business from India. The move builds on ADNIC’s existing cross-border reinsurance operations in India and follows its recent expansion into Saudi Arabia. The India branch is expected to diversify revenue streams and enhance service capabilities across high-growth markets, while strengthening economic ties between the UAE and India. ADNIC said the development aligns with its long-term growth strategy…

22 Apr

Turkish Airlines Open 2026 to host Major Champion Francesco Molinari and Rolex Series Winner Paul Waring

Business BureauBusiness

Turkish Airlines on Tuesday confirmed that Major champion Francesco Molinari and Rolex Series winner Paul Waring will headline the Turkish Airlines Open 2026, scheduled to be held from April 30 to May 3 at the National Golf Club in Antalya. The tournament marks the fifth and final event of the DP World Tour’s Asian Swing, forming part of the first phase of the 2026 global schedule. The airline, which has been the title sponsor since 2013, continues to position the event as a key platform to bring together global golf stars and fans. Past editions have featured leading names such…

21 Apr

V-Guard flags 50% surge in AC power use under low voltage, positions stabilizers as cost-saving solution

Business BureauBusiness

A new study by V-Guard Industries has flagged a major but often overlooked factor behind rising electricity bills—low voltage. The research, validated by a NABL-accredited laboratory, shows that sub-optimal voltage can increase air conditioner power consumption by up to 50%, acting as an “efficiency tax” on households. The study examined multiple 1.5-ton AC units from leading brands and found that when voltage drops to 140V–180V—a common occurrence during peak summers—the compressor’s efficiency declines sharply. This forces the AC to run longer to achieve the same cooling, significantly increasing energy usage. V-Guard Managing Director Mithun K Chittilappilly said many consumers misunderstand…

21 Apr

Global Oil Prices Retreat as Hopes for Diplomatic Breakthrough in US-Iran Standoff Grow

anuprovaBusiness

Global energy markets saw a sharp pullback on Tuesday as investors cautiously pivoted toward optimism, banking on the possibility that upcoming negotiations could prevent a further escalation of the conflict between the United States and Iran. Brent crude futures dipped roughly 1% to near $94.50 per barrel, while West Texas Intermediate (WTI) saw a steeper decline, falling toward $88 as markets digested the potential for a breakthrough in diplomatic talks. This downward pressure comes as a relief to a global economy strained by weeks of volatility surrounding the Strait of Hormuz, a critical chokepoint that has remained largely constricted, severely…

21 Apr

Govt clears Maritime Insurance Pool, Aon flags boost to trade stability and domestic risk capacity

Business BureauBusiness

The Indian government’s approval of a Bharat Maritime Insurance Pool for Indian ships has been hailed as a significant policy move aimed at strengthening the country’s shipping and risk management ecosystem. Reacting to the development, Rishi Mehra, CEO (India) and Head of Strategy, Human Capital, Asia Pacific at Aon, described the decision as a “landmark step” toward enhancing maritime resilience and economic sovereignty. He noted that the initiative would help provide cost stability and build domestic expertise by enabling locally underwritten risk capacity. According to Mehra, this would protect India’s shipping industry from global uncertainties while reinforcing confidence in key…