Business

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Renault Nissan India crosses momentous manufacturing milestone of 2.5 million vehicles

Renault Nissan India crosses momentous manufacturing milestone of 2.5 million vehicles

Renault Nissan Automotive Pvt Ltd (RNAIPL) has manufactured 2.5 million cars at its Chennai facility, demonstrating manufacturing excellence over the past 13 years. The plant produces over 1.92 lakh cars annually, equivalent to one car produced every three minutes. Since its inception, the plant has manufactured 20 models of cars across Renault and Nissan. Spread over 600 acres at Oragadam, Chennai, and the Alliance plant has manufactured cars not only for the Indian market but has also played a vital role in establishing Chennai as a renowned international hub for automotive exports. RNAIPL exports over 1.15 million vehicles from Chennai's…
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Wockhardt seeks US restructuring and vaccine partnership with Serum

Wockhardt seeks US restructuring and vaccine partnership with Serum

Wockhardt Ltd– global pharmaceutical and biotechnology is aiming to turnaround its business operations and has perused important strategic initiatives for the same. Company is eying big on the restructuring of the US Business, vaccine tie-up with Serum for vaccine manufacturing in UK and Novel Antibiotics research to drive the business forward. For the Q4FY23, company posted strong operational performance with 7% Y-o-Y growth in revenue with three fold jump in the EBITDA to Rs. 47 crore. The company is restructuring its US operations by shutting down its Morton Grove manufacturing facility and transferring it to contract organizations, resulting in annual…
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ECSWG Meet Under G20 Presidency Concludes In Chennai

ECSWG Meet Under G20 Presidency Concludes In Chennai

The Environment and Climate Sustainability Working Group (ECSWG) Ministers' Meeting under India's G20 Presidency began in Chennai on Friday. Addressing the meeting through video message, Prime Minister Narendra Modi stressed the need to step up action on commitments under the 'UN Climate Convention' and the 'Paris Agreement'.The Environment and Climate Stability Working Group (ECSWG) held a ministerial meeting, chaired by Union Minister for Environment, Forest and Climate Change Bhupendra Yadav. The meeting, attended by 300 representatives and G20 members, focused on water resource management and climate change. It aimed to build consensus on three thematic areas identified by the Indian…
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HMSI Organised A Road Safety Campaign In Umden, Meghalaya

HMSI Organised A Road Safety Campaign In Umden, Meghalaya

Honda Motorcycle and Scooter India (HMSI) launched a National Road Safety Awareness Campaign in Umden, Meghalaya, aiming to promote safe riding habits. The two-day camp at St. Joseph H.S. School in Umden spread awareness to over 1800 students and staff, using age-appropriate learning programs to enhance road safety awareness. HMSI's National Road Safety Awareness program offers a scientifically designed learning module, with skilled instructors providing theory sessions on road signs, driver duties, riding gear, posture, and safe riding etiquette. A virtual riding simulator is used for practical learning, with over 100 possible dangers experienced before actual riding. KikenYosoku Training (KYT)…
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Hair care brand Kérastase ropes on Sonam Kapoor as brand ambassador

Hair care brand Kérastase ropes on Sonam Kapoor as brand ambassador

French luxury hair care brand, Kérastase is happy to announce Sonam Kapoor as their brand ambassador in India! The Bollywood star, known for her impeccable fashion choices, looks radiant in her new hair campaign with the brand! "For me, self-care is something I've always believed in! When you're traveling, working, and trying to play multiple roles at the same time, it's very important to make sure you're investing in the right kind of care. Kérastase is a brand with which I am deeply resonated. It's not just for innovative luxury hair products but also for the message they send to…
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AIIMS Hospital has again done the impossible

AIIMS Hospital has again done the impossible

AIIMS Hospital separated the twins through a complicated and risky surgery. Riddhi and Siddhi, residents of Bareilly in Uttar Pradesh, were born on July 7 last year. They were born with the chest and upper abdomen attached to each other. This is the third time since 2020 that the Department of Pediatric Surgery at AIIMS has performed this type of surgery. Dr Minu Vajpayee, professor of pediatrics surgery, said the major organs that the twins had to separate included the liver, the lining of the heart, ribs, diaphragm and parts of the upper abdomen. According to hospital sources, Riddhi and…
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Coca-Cola Reports Q2 2023 Results and Raises Full-Year Guidance

Coca-Cola Reports Q2 2023 Results and Raises Full-Year Guidance

The Coca-Cola Company reported strong second-quarter 2023 results, showing continued momentum in a dynamic operating environment. For Coca-Cola, the focus remains on strengthening its presence in emerging markets, building strategic partnerships, and investing in sustainable initiatives to support its growth trajectory in India & across the globe. The company stressed that in the coming months, they would focus on innovation, revenue growth management and brand building by taking a sustainable approach & building a circular economy that benefits all stakeholders. Company's India market performance analyzed below; •        Coca-Cola's performance in the India market remained steady during the second quarter, with…
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Johnson’s Baby promotes parenting through their ‘Promise, pehle pal se’ campaign

Johnson’s Baby promotes parenting through their ‘Promise, pehle pal se’ campaign

Parenthood is a journey filled with immense love, dedication, and unwavering promises. From the moment a parent discovers they are expecting, they form a deep connect with their baby to always protect its skin and ensure its well-being from day 1. Johnson's® Baby, a pioneer in baby skincare, recognizes and celebrates every parent’s powerful commitment with its latest campaign, 'Promise, pehle pal se'. The brand's latest marketing campaign, 'Promise, Pehle Pal Se,' emphasizes their commitment to using baby-safe ingredients for protection from day one. Campaign launches July 24 across TV, digital, social media. Johnson's® Baby, a brand with a long-standing…
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Fiama onboards Rashmika Mandanna as brand ambassador

Fiama onboards Rashmika Mandanna as brand ambassador

ITC's Fiama launches a new brand film that showcases its new sandalwood oil and patchouli gel bar, recently launched. The brand has also roped in actor Rashmika Mandhana as its brand ambassador to promote the new product. Sameer Satpathy, Divisional Chief Executive, Personal Care Product Business Division, ITC Limited, said, "Fiama Sandal disrupts the segment with its innovative gel bar format and a unique blend of ingredients that are modern but preserve tradition. The product promises a new experience, and it, with the power of the rays, definitely makes Fiama sandals look a must-try. Conceived by Ogilvy, the launch film…
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Income Tax raids at Haier office premises in Noida, Mumbai and Pune

Income Tax raids at Haier office premises in Noida, Mumbai and Pune

The raids are linked to suspected "large-scale tax evasion," the same report said. The Chinese consumer durables company, which has a strong presence in India including refrigerators and washing machines, has set a target of Rs 6,000 crore in 2022 and Rs 10,000 crore in the next two years. In April, Satish NS, President, Haier India, said, "We have one of the largest manufacturing hubs for all domestic supplies in the country as well as expanding our export base. Product innovation and customer-centricity are rooted in the principles of our growth trajectory and so we are focused on bringing best-in-class…
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