Business

13 Feb

Kotak Mahindra Bank announces ‘Sehat Ka Safar 4.0’ to expand preventive healthcare for India’s transport community

Business BureauBusiness

Kotak Mahindra Bank (KMBL) has announced the launch of ‘Sehat Ka Safar 4.0,’ the fourth edition of its flagship CSR initiative focused on strengthening preventive healthcare access for truck drivers, transporters, and their families across India. The programme, which commenced on December 18, 2025, will run until March 31, 2026, with 45+ health and eye check-up camps planned across major transport corridors, targeting nearly 4,500 beneficiaries. This edition introduces key enhancements, including Ayushman Bharat Health Account (ABHA) card issuance, expanded laboratory testing, and the addition of chest X-ray facilities to strengthen diagnostic capabilities and enable early detection of health issues.…

Read More

12 Feb

Tata AIA launches Enhanced Value Index Funds combining equity growth with life protection

Business BureauBusiness

India’s growing shift toward market-linked investments continues to gather momentum, with Tata AIA Life Insurance launching its Enhanced Value Index Fund and Enhanced Value Index Pension Fund, offering value-based exposure to 50 large-, mid-, and small-cap companies tracked through the BSE 500 Enhanced Value 50 Customised Index. The New Fund Offer (NFO) is open from February 9 to 16, 2026, with policies issued at a NAV of ₹10. The funds will allocate 70–100% to equities and up to 30% to cash and money market instruments, targeting long-term capital appreciation while integrating life insurance protection through unit-linked solutions. The pension variant,…

Read More

12 Feb

Q3 Revenue Shortfall Weighs on Divi’s; Street Split on Future Upside

editorBusiness

Shares of Divi’s Laboratories fell nearly 3% on February 12 after the company reported Q3FY26 earnings that missed revenue and profit expectations, despite better-than-expected operating margins. The stock touched an intraday low of ₹6,201.5 and was trading at ₹6,222.5, down 2.6% on the NSE.The pharma major posted a consolidated PAT of ₹583 crore, slightly lower than ₹589 crore a year ago, while total income rose 12% year-on-year to ₹2,692 crore. Ebitda grew 19.8% to ₹890 crore, with margins expanding to 34.2%. The company also reported an exceptional loss of ₹74 crore due to new labour codes.Brokerages remain divided. JM Financial…

Read More

11 Feb

South African Tourism expands India strategy, engages 220+ trade partners at Kolkata roadshow

Business BureauBusiness

South African Tourism strengthened its India market engagement with the successful completion of the Kolkata leg of its Annual India Roadshow, following the initiative’s launch at OTM Mumbai. The roadshow, led by Mitalee Karmarkar, Marketing and Communications Manager (MEISEA), served as a strategic platform to enhance collaboration with Indian travel trade stakeholders and explore business opportunities across leisure, corporate, and MICE travel segments. The Kolkata event featured more than 40 exhibitors showcasing a wide spectrum of tourism products and attracted participation from over 220 travel trade partners. The multi-city roadshow will proceed to Delhi on February 12, continuing efforts to…

Read More

11 Feb

Tata Motors–JLR start operations at new Tamil Nadu plant, Range Rover Evoque first to roll out

Business BureauBusiness

Tata Motors Passenger Vehicles Ltd. (TMPV) and its subsidiary Jaguar Land Rover Automotive Plc. (JLR) on Monday announced the commencement of operations at their new manufacturing facility at Panapakkam in the Ranipet district of Tamil Nadu, marking a major step in expanding next-generation automotive production in India. The facility represents the first phase of a greenfield project designed to manufacture future-ready vehicles, including electric vehicles, for both TMPV and JLR brands. The plant was inaugurated by Tamil Nadu Chief Minister M.K. Stalin along with Tata Sons and Tata Motors Passenger Vehicles Chairman N. Chandrasekaran, in the presence of ministers, senior…

Read More

11 Feb

Hyatt strengthens regional leadership with S. Vidyashankar’s appointment as HR Vice President

Business BureauBusiness

Global hospitality major Hyatt has appointed S. Vidyashankar as Regional Vice President of Human Resources for India and Southwest Asia, a move aimed at strengthening leadership capability and supporting the company’s expanding footprint in the region. With over 23 years of experience in hospitality human resources, including more than two decades with Hyatt, Vidyashankar brings extensive expertise in talent development, organizational culture building, and multi-location HR leadership. In his new role, Vidyashankar will work closely with regional and hotel leadership teams to shape Hyatt’s people strategy, nurture future-ready talent, and drive consistent HR practices aligned with the company’s purpose and…

Read More

11 Feb

Berger Paints Q3 revenue steady, profit declines amid cost pressures; demand outlook improves

Business BureauBusiness

Berger Paints India Limited reported stable revenue performance for the quarter ended December 31, 2025, while profitability declined due to scale impact, continued brand investments and market uncertainties. Consolidated revenue from operations rose marginally by 0.3% year-on-year to ₹2,984 crore, while EBITDA remained almost flat at ₹471 crore. Net profit declined 8.3% to ₹271.3 crore. Standalone revenue increased 0.4% to ₹2,595 crore, with net profit slipping 2.5% to ₹298.4 crore. For the nine-month period, consolidated revenue grew 1.9% to ₹9,012.2 crore, though EBITDA fell 5.4% and net profit declined 13.8% to ₹792.8 crore. The company said extended monsoons and a…

Read More

11 Feb

Experts warn, DPDP timeline push could choke India’s economic engine

Business BureauBusiness

Experts have cautioned that compressing compliance timelines under India’s Digital Personal Data Protection (DPDP) Rules could strain businesses and weaken investor confidence, particularly in the startup ecosystem. The concerns were raised during a media briefing hosted by InGovern Research Services. While industry stakeholders broadly welcomed the intent to strengthen data privacy, speakers warned that advancing implementation timelines from the originally proposed 18 months to 12 months — and in some cases immediate enforcement — could impose disproportionate operational and financial burdens. They stressed that DPDP compliance requires deep changes in technology architecture, governance systems and internal processes, not just paperwork.…

Read More

10 Feb

MAGGI’s 50-year milestone strengthens brand equity; commemorative stamp highlights market legacy

Business BureauBusiness

Nestlé India marked a significant brand milestone with the launch of a commemorative postage stamp celebrating 50 years of MAGGI in India, reinforcing the company’s strong position in the country’s processed and convenience foods segment. The stamp was unveiled by Manish Tiwary, Chairman and Managing Director, Nestlé India, along with Chirag Paswan, Union Minister of Food Processing Industries. The commemorative issue recognises MAGGI’s five-decade evolution from a single instant noodle offering into a diversified portfolio that now includes noodles, masalas, sauces, soups and ready-to-cook products. Over the years, the brand has built a large consumer base across urban and semi-urban…

Read More

10 Feb

ABD Maestro Pvt. Ltd. makes an exceptional Luxury debut with ‘The Collective’ Limited Edition 34-Year-Old Single Malt

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits company and a subsidiary of Allied Blenders & Distillers (ABD), on Wednesday announced the launch of its ultra-exclusive luxury series, ‘The Collective’, with the debut of a rare 34-year-old Speyside Single Malt Scotch whisky distilled at the Macallan Distillery in 1991. Co-founded by actor Ranveer Singh, the company has released only 60 hand-crafted and individually numbered bottles, each priced at ₹11 lakh (MRP in Maharashtra for 700 ml). The limited edition is being introduced as part of ABD Maestro’s strategy to position India as a key market for rare collectible spirits.…

Read More