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11 Feb

Bangur Cement launches ‘Bangur Marble’ in Patna, eyes expansion in eastern India

Business BureauBusiness

Shree Cement, one of India’s leading cement manufacturers, has introduced its new premium product, Bangur Marble Cement, in Patna, Bihar. The launch follows its debut in Ranchi, Jharkhand, with plans for further expansion into West Bengal and other states. Bangur Marble Cement, a premium PSC cement, is designed for superior brightness, strength, and crack resistance, making it ideal for exposed concrete structures. The product will be available through over 2,000 retailers across Bihar, Jharkhand, and West Bengal, with in-store demonstrations showcasing its key features. Neeraj Akhoury, Managing Director of Shree Cement Ltd., stated, “Bangur Marble Cement is a testament to…

11 Feb

Indian Idol contestant Subhajit moves audience with emotional ‘BadaNaamKarenge’ performance

Business BureauBusiness

Indian Idol contestant Subhajit delivered a heart-touching performance of the title track from BadaNaamKarenge, leaving the audience and judges emotional. The episode turned into a memorable tribute to Rajshri Productions, with show runner Sooraj R. Barjatya, director PalashVaswani, actors Ayesha Kaduskar and Ritik Ghanshani, and composer Anurag Saikia gracing the occasion to promote their show. Hailing from Changual, a small village in West Bengal, Subhajit’s journey from running a pan stall to standing on the grand Indian Idol stage is a testament to perseverance. His parents' presence during his performance added to the emotional depth of the moment. “It’s a…

11 Feb

Delhivery shares drop 5% despite net profit doubling to ₹25 crore in Q3

Priyanka RoyBusiness, News

Delhivery shares fell as much as 5% during trading on Monday, February 10.The company reported its Q3 earnings after the market opened on Friday, February 7.The company's net profit rose 113% to ₹25 crore in the third quarter from ₹11.7 crore last year. Its revenue grew 8.4% to ₹2,378.3 crore. Its revenue was ₹2,194.4 crore in the third quarter of the previous fiscal.The company's earnings before interest, tax, depreciation and amortization (EBITDA) fell 6.2% to ₹102.4 crore as against ₹109.2 crore in the previous fiscal.Its margins stood at 4.3% as against 5% last year.MD and CEO Sahil Barua said, "Profitability…

10 Feb

Tinder, CSR launch Dating Safety Guide in Indian languages to boost awareness

Business BureauBusiness

Ahead of Safer Internet Day, Tinder, in collaboration with the Centre for Social Research (CSR), has launched its industry-leading Dating Safety Guide in four Indian languages—Hindi, Marathi, Kannada, and Bengali. The initiative aims to make online dating safer and more accessible by reaching a broader audience in their native languages. The guide, initially introduced in English in 2023, provides essential tips and tools for young adults to navigate online dating safely and confidently. Tinder has partnered closely with CSR, a leading non-profit working towards gender equality and safer digital spaces, to develop this resource. The guide addresses key concerns identified…

10 Feb

ASCI releases the Top Influencer Compliance Scorecard

Business BureauBusiness

The Advertising Standards Council of India (ASCI) has released the Top Influencer Compliance Scorecard, revealing that 69% of India’s Top 100 Digital Stars failed to meet guidelines for influencers on social media. Prominent and hard-to-miss disclosures are mandated in the case of any material connection, not only as per ASCI’s Guidelines for Influencers Advertising in Digital Media but also the Central Consumer Protection Authority’s (CCPA) Guidelines. The study analyzed brand-promotion posts by influencers featuring in Forbes India’s Top 100 Digital Stars 2024 across Instagram and YouTube between September and November 2024. With a combined reach of over 110 million, these…

10 Feb

Amara Raja reports 10% jump in Q3 revenue to Rs 3,164.02 crore

Priyanka RoyBusiness, News

New Delhi: Energy and mobility leader Amara Raja Energy & Mobility Ltd (ARE&M) on Saturday reported revenue of Rs 3,164.02 crore for the third quarter of the current financial year (FY25), up 27% over the same period last year at Rs 422.16 crore. The company's earnings per share (EPS) grew 23% year-on-year on revenue of Rs 17.04. However, operating margins were impacted due to higher power expenses as a result of fuel and power purchase cost adjustments (FPPCA) approved by the Andhra Pradesh Electricity Regulatory Commission. Amara Raja's automotive and industrial battery businesses have performed strongly, particularly in the aftermarket…

08 Feb

MakeMyTrip launches ‘Loved by Devotees’ to enhance pilgrimage stays

Business BureauBusiness

MakeMyTrip has introduced ‘Loved by Devotees,’ a curated collection of over 450 hotels and homestays across 26 spiritual destinations in India, catering to the unique needs of pilgrims. The initiative aims to simplify the process of finding suitable accommodations for religious travelers, ensuring comfort, accessibility, and convenience. Pilgrimage travel has seen significant growth, now accounting for over 10% of MakeMyTrip’s total room night bookings in Q3 FY25. Searches for religious destinations have surged by 46% in 2024 compared to 2022, reflecting an increasing preference for spiritually enriching journeys. Ankit Khanna, Chief Product Officer - Hotel, Growth & Emerging Businesses, said,…

08 Feb

Mahindra Electric is set to launch its highly anticipated Origin SUVs on 14th February 2025

Business BureauBusiness

Mahindra Electric is set to launch its highly anticipated Origin SUVs, with bookings opening on February 14, 2025, at 9 AM. The company will offer a complete lineup of the XEV 9e and BE 6 variants, allowing customers to choose from a range of battery packs, starting from ₹18.90 lakh for the BE 6 Pack One. Deliveries are expected to begin in mid-March 2025 for Pack Three, with other variants arriving between June and August 2025. https://youtu.be/luu9XO03Fw0?si=i_-MNsyv1X35sZq9 From February 6, 2025, at 10 AM, customers can pre-select their preferred model and variant on Mahindra’s official website. The company’s structured production…

08 Feb

Bikaji Foods shares downgrade 13% after Q3 net profit falls nearly 40% year-on-year; see details

Priyanka RoyBusiness, News

Shares of Bikaji Foods International tumbled as much as 13% during trading on Friday, February 7, after the company announced a sharp drop in profitability for the quarter ended December 2024 (Q3FY25). Shares of the leading snacks maker fell as much as 12.97% to hit an intraday low of ₹638.55 per share on the National Stock Exchange of India Ltd (NSE) on Friday. The stock rallied in six of the last seven sessions and has gained a total of 14% during this period. The stock has now declined 9.6% in the last one month but is still up over 16%…

07 Feb

Deloitte India launches jury panel for Enterprise Growth Awards 2025

Business BureauBusiness

Deloitte Touche Tohmatsu India LLP (Deloitte India) has revealed the distinguished jury panel for the highly anticipated Enterprise Growth Awards 2025. The initiative is dedicated to recognising the extraordinary achievements of family-owned businesses, unicorns, and soonicorns across India, celebrating their leadership, vision, and national impact. The prestigious jury is headed by S. D. Shibulal, Former Managing Director of Infosys, joined by notable members including Dr. Brinda Jaghirdar, Former Chief Economist of the State Bank of India; M. D. Ranganath, Chairman of Catamaran Ventures; and Manoj Kohli, Senior Advisor at Deloitte. Together, they bring unmatched industry expertise to ensure a rigorous…