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18 Feb

Toyota launches road safety & health drive for 1,250 drivers in Mizoram

Business BureauBusiness

Toyota Kirloskar Motor (TKM) launched a road safety and health check-up initiative for over 1,250 drivers in Mizoram during Road Safety Month (January 18 – February 17, 2025). The program aims to tackle the rise in road accidents across the state, with 124 incidents and 112 fatalities recorded in 2024. The initiative, inaugurated by Chief Guest Mr. Stephen Lalrinawma, Senior Superintendent of Police, Traffic, Aizawl, and attended by Zote Toyota officials, focuses on educating drivers about safe driving habits and providing health screenings. Key components include sessions on traffic rules, penalties, vehicle compliance, and overall driver well-being. Health check-ups cover…

18 Feb

Gold imports inflation over 40% to $2.68 billion in January

Business CorrespondentBusiness, News

Overall, imports rose 32 percent to USD 50 billion from April to January this fiscal, as against USD 37.85 billion in the same period last fiscal. The rise in imports also reflects strong investor confidence in the precious metal as a safe-haven asset. Additional factors include asset diversification in gold amid global uncertainties, rising demand from banks and reduction in customs duty. The price of the yellow metal has risen 11 percent this year, reaching Rs 88,200 for every 10 grams in the national capital. India's gold imports, impacting the country's current account deficit (CAD), rose 30 percent to USD…

17 Feb

HCLTech’s Tech Beeprogram supports India’s skill develop mentagenda

Business BureauBusiness

HCLTech has announced the opening of applications for its TechBee early career program, a strategic initiative aimed at supporting India’s skill development and employment policies. Targeting Class 12 graduates from 2023, 2024, and 2025, TechBee offers 12 months of specialized training followed by guaranteed full-time employment. Participants can also pursue higher education through collaborations with BITS Pilani, IIIT Kottayam, SASTRA University, and Amity University Online. TechBee is aligned with the government’s push for digital transformation and employment generation in high-demand fields like cloud computing, AI, and digital engineering. The program caters to students with mathematics or business mathematics backgrounds, preparing…

17 Feb

Tripura launches 1962 helpline for livestock care in partnership with IndusInd Bank, BFIL

Business BureauBusiness

IndusInd Bank Limited (IBL) and Bharat Financial Inclusion Limited (BFIL), a wholly owned subsidiary of IBL, have partnered with the Government of Tripura to launch a livestock care helpline under BFIL’s flagship Bharat Sanjeevani program.The helpline, accessible through toll-free number 1962, will serve farmers across Tripura’s eight districts and 875 villages, providing on-demand veterinary services, artificial insemination, and animal husbandry guidance. The initiative aims to improve livestock health and boost agricultural productivity. A central emergency response center will be established at Tripura’s Animal Resources Development Department (ARDD) in Agartala, supported by BFIL and IBL. GPS-enabled Mobile Veterinary Units (MVUs) will…

17 Feb

GlaxoSmithKline Pharma Q3FY25: Net profit jump 400% to Rs 228.58 crore

Business CorrespondentBusiness, News

GlaxoSmithKline (GSK) Pharmaceuticals on Friday announced a 402 per cent year-on-year (Y-o-Y) increase in consolidated net profit for the December quarter (Q3 FY25) to Rs 228.58 crore, up from Rs 45.49 crore in the same period last year. The company’s revenue from operations rose to Rs 946.36 crore, a 17.5 per cent Y-o-Y increase from Rs 804.98 crore in Q3 FY24. Sequentially, the company’s net profit fell 8.08 per cent, whereas revenue declined 5.4 per cent, from Rs 248.68 crore and Rs 1,000.05 crore, respectively, reported in Q2 FY25. The performance is attributed to the company's strong growth across key product portfolios. GSK…

15 Feb

LG India launches 3rd Mega Blood Donation drive across 70 cities

Business BureauBusiness

LG Electronics India has announced the launch of its third Mega Blood Donation Campaign under the theme "Life’s Good When Life’s Shared," aimed at mobilizing communities and inspiring youth participation. The campaign will see 400 donation camps across 70 cities, targeting 30,000 registrations—building on the success of the 2019 and 2023 editions, which recorded 17,700 registrations from 188 camps. Donors will benefit from medical checkups, refreshments, and certificates of appreciation. LG is collaborating with Care Today Fund, United Way Mumbai, and Sakashm Bharti Foundation to promote voluntary blood donation. A dedicated microsite has been launched to facilitate registrations and provide…

15 Feb

India Energy Week 2025: TKM Showcases Sustainable Mobility

Business BureauBusiness

Toyota Kirloskar Motor (TKM) is transforming the way consumers experience sustainable mobility. At the India Energy Week (IEW) 2025, held in New Delhi from February 11 to 14, Toyota unveiled a lineup of eco-friendly vehicles designed to make green transportation more practical, accessible, and cost-effective for Indian consumers. Toyota’s multi-pathway approach includes the InnovaHycross Strong Hybrid Electric Vehicle (SHEV), the Mirai Fuel Cell Electric Vehicle (FCEV) powered by hydrogen, and the Prius Flex-Fuel Plug-in Hybrid Electric Vehicle (FFV-PHEV) that runs on up to 100% ethanol. The company also showcased its Urban Battery Electric Vehicle (BEV) Concept, tailored for urban commuters,…

15 Feb

Easy Trip Q3 results | Net profit, margins drop despite 172% gain in hotel bookings

Business CorrespondentBusiness, News

Online travel service provider Easy Trip Planners Ltd on Friday (February 14) reported a 26.3% year-on-year (YoY) decline in net profit for the third quarter ended December 31, 2024, to ₹45.6 crore from the same quarter in FY24. Revenue from operations declined 6.5% to ₹150.5 crore as against ₹160.9 crore in the same period last fiscal. At the operational level, EBITDA (earnings before interest, tax, depreciation and amortization) declined 21.8% YoY to ₹47.7 crore from ₹61 crore in Q3FY25, while EBITDA margin declined to 31.7% from 37.9% in the same quarter last fiscal. For the nine months ended December 31,…

14 Feb

PMI India calls for global collaboration to combat illicit tobacco trade on Anti-Smuggling Day

Business BureauBusiness

On the occasion of Anti-Smuggling Day 2025, IPM India, the India affiliate of Philip Morris International Inc. (PMI), has urged for cross-sector and international cooperation to eliminate the black market tobacco trade. The company emphasized that addressing illicit trade is crucial for safeguarding India’s economy, national security, and public health. According to the FICCI Cascade report, the illegal trade fuels a global shadow economy worth $2 trillion annually, accounting for over 3% of the global GDP. The report also reveals that 11.6% of cigarettes consumed worldwide are illicit, leading to an estimated $40.5 billion in tax losses. In India, the…

14 Feb

INDIAWOOD 2025 to propel India’s furniture market growth with innovation focus

Business BureauBusiness

INDIAWOOD 2025, scheduled for March 6-9, 2025, at the India Expo Mart & Centre, will celebrate its 25th anniversary as a key driver of India’s woodworking and furniture manufacturing sector. With the Indian furniture market projected to grow from USD 25.75 billion in 2025 to USD 37.18 billion by 2030, the event will showcase the latest innovations across smart manufacturing, advanced materials, and sustainability. The exhibition will feature over 600 brands from more than 30 countries, highlighting advancements like AI-driven automation, precision CNC systems, and fire-resistant materials. Specialized events, including Surface in Motion and Wood+ in Architecture & Design, will…