Author: Bureau
Commits ₹15,000 crore investment. Nagpur facility to start production in 2028 Mahindra Group today announced plans to establish its largest integrated manufacturing facility for automobiles and tractors in Nagpur, Maharashtra, marking a significant milestone in the Group’s long-term growth strategy. The announcement was made at Advantage Vidarbha, a three-day flagship event positioning Vidarbha as an emerging industrial growth hub on India’s manufacturing map. The state-of-the-art facility will be developed across an area of 1500 acres in Vidarbha, complemented by a 150-acre supplier park in Sambhajinagar. Once fully operational, the facility will have an annual production capacity of over 5 lakh vehicles and 1…
Air India has unveiled its first flagship Maharaja Lounge at Terminal 3 of Indira Gandhi International Airport, New Delhi, marking a key milestone in the airline’s ongoing transformation and focus on premium customer experience. Spread across 16,000 square feet at the international pier, the lounge is designed to host nearly 300 guests across an expansive Business Class area and an exclusive First Class section. Reflecting Air India’s refreshed brand identity, the space blends refined luxury with subtle cultural elements, offering travellers a calm yet sophisticated pre-flight environment. Designed by global hospitality design firm Hirsch Bedner Associates, the lounge features curated…
Axis Bank, one of India’s leading private sector banks, has announced the launch of Rooftop Solar Finance, a tailored financing solution to support Micro, Small, and Medium Enterprises (MSMEs) in transitioning to solar energy and optimizing energy costs through energy self-reliance. Under this program, MSMEs can avail collateral-free loans from ₹10 lakh to ₹2 crore, with flexible repayment tenures of 4–7 years. This structure allows MSMEs to invest in rooftop solar systems without putting pressure on their balance sheets or working capital cycles. By enabling MSMEs to install self-owned rooftop solar systems, this offering helps them lower operating expenses, gain greater control over…
Bengaluru: In an ecosystem where employee engagement is often reduced to short-term perks, ToneTag, a deep-tech fintech company known for its sound-based payment solutions took a more intentional approach. The Bengaluru based company recently hosted a family-inclusive retreat in the Andaman Islands, positioning the experience as a cultural milestone that recognised collective effort while strengthening cohesion across its fast-scaling teams. The initiative was designed to recognise the collective effort of employees who have played a key role in ToneTag’s growth journey, while also strengthening bonding across teams at a time when the company has scaled rapidly. The trip brought together…
Care Health Insurance highlights the growing financial strain in cancer care across India. Its claims data reveal that cancer treatment is prolonged and costs a significant amount that can push patients and families. The claims analysis shows that cancer treatment costs are rising sharply, with early-stage treatment typically costing ₹5–7 lakh per case, while high-complexity and advanced cancers can push expenses to ₹20–30 lakh per treatment, depending on disease progression, care intensity, treatment protocol and period of treatment. This is particularly relevant in the context of the Union Budget 2026, which reinforces a renewed focus on affordable cancer care and reduced…
SuperYou, the consumer nutrition brand co-founded by actor Ranveer Singh and Nikunj Biyani, has partnered with Unicommerce to streamline its e-commerce and quick commerce (Q-com) operations. As part of the partnership, the brand has adopted Unicommerce’s flagship platform, Uniware, to manage orders and inventory across Q-com platforms, marketplaces, and its own D2C website. Using Uniware, SuperYou will manage its multi-channel operations through a single, unified dashboard, enabling real-time visibility into orders, inventory, and warehouse workflows. The platform’s order management and warehouse management systems will help the brand meet rising consumer demand for instant and same-day deliveries across channels. Uniware will also centralise returns management, providing visibility and control over reverse logistics across…
India is witnessing a sharp rise in critical non-communicable diseases such as cancer, heart disease, stroke, and diabetes, which together account for nearly two-thirds of all deaths in the country. Managing these conditions often involves high medical costs, extended recovery periods, and lifestyle changes, placing sustained financial pressure on families. The Union Budget 2026–27 reiterates the need to address this growing health challenge, acknowledging that the impact of critical illnesses goes far beyond hospitalisation. While standard health insurance typically covers medical treatment, it may not adequately support income loss, rehabilitation, long-term care, or everyday household expenses during recovery. Critical illness…
Tata Power reported a strong operational and financial performance for the third quarter ended December 31, 2025, reflecting the resilience of its diversified and value-chain-integrated portfolio across renewables, transmission and distribution, manufacturing, and new energy solutions. For Q3 FY26, Tata Power posted Profit After Tax (PAT) of ₹1,194 crore, supported by robust execution across core businesses. EBITDA for the quarter rose to ₹3,913 crore, while revenue stood at ₹14,485 crore. Over the nine-month period, PAT increased to ₹3,702 crore, up 7% year-on-year, EBITDA grew 12% to ₹11,874 crore, and revenue reached ₹47,719 crore. Renewables remained a key growth driver. The…
Key Highlights Emcure Pharmaceuticals (BSE: 544210, NSE: EMCURE) today announced its consolidated financial results for the quarter ended December 31, 2025. The quarter saw strong performance from both domestic and international businesses. The domestic business grew 15.4%, led by strong performance across all key therapies, especially chronic segments including cardio/diabeto, and aided by new initiatives. During the quarter, the company launched Poviztra®, a biological injectable form of semaglutide, in India in partnership with Novo Nordisk. With Poviztra® (a global original innovator product), Emcure is well positioned to become a key player in the fast-emerging weight management segment. The international business grew 24.5%, with all geographies reporting strong performance. Commenting…
Ashok Leyland, the Indian flagship company of the Hinduja Group and a leading global manufacturer of commercial and defence vehicles, has entered into a strategic Memorandum of Understanding (MoU) with PT Pindad, Indonesia’s state-owned defence and industrial equipment company. The agreement was signed at PT Pindad’s headquarters in Bandung and represents an important step in strengthening industrial and technological cooperation between India and Indonesia. Under the MoU, the two companies will collaborate on the joint development and manufacturing of electric buses and defence vehicles designed specifically for Indonesia’s mobility and national security needs. The partnership seeks to combine Ashok Leyland’s…
