Sunday, June 15

Business News

Business News Jaipur, Jaipur Business News

Spicejet profit after tax jumps nearly three-fold to Rs 325 cr in Mar qtr
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Spicejet profit after tax jumps nearly three-fold to Rs 325 cr in Mar qtr

Mumbai, June 14, 2025.Budget carrier Spicejet on Saturday said its standalone profit after tax surged nearly three-fold to Rs 324.87 crore in the March 2025 quarter.The Gurugram-based airline had posted a PAT of Rs 119 crore in the fourth quarter of FY24, according to a regulatory filing.However, the revenue from operations for the reporting quarter declined 16 per cent year-on-year to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet said in the filing.
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GNC India Launches Protein Wafer
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Business News, Feature, Food and Beverages

GNC India Launches Protein Wafer

Mumbai, June 14, 2025.Guardian Healthcare Pvt. Ltd., the primary franchisee of GNC in India (“GNC India”), has announced the launch of the GNC Protein Wafer, a revolutionary protein-enriched snack that promises to transform how Indians satisfy their cravings. Combining mouth-watering taste with clean, functional nutrition, the Protein Wafer is designed for the modern-day consumer who refuses to choose between health and indulgence.The GNC Protein Wafer offers a convenient solution for fitness conscious customers on the move. Each pack delivers 10 grams of high-quality whey protein, and is free from sugar, trans-fats, and palm oil. This innovative offering blends taste, texture, and nutritional integrity into a snack that feels like a cheat but isn’t.Speaking on the launch, Bala...
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Toyota Kirloskar Motor Announces Special Early-Festive Offer Packed with Exciting Customer Benefits
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Automobile News, Business News, Feature

Toyota Kirloskar Motor Announces Special Early-Festive Offer Packed with Exciting Customer Benefits

New Delhi,  13thJune 2025.Adding festive cheer early to the car buying journey, Toyota Kirloskar Motor (TKM) has announced an exciting limited-period campaign — ‘Buy Now, Pay in Navratri’, applicable on its popular models, the Toyota Glanza and Urban Cruiser Hyryder. This specially curated scheme is designed in association with Toyota Financial Services (TFS) to offer customers unmatched flexibility and convenience in car ownership.As the name suggests, the scheme offers a 3-month EMI* Holiday, enabling customers to drive home their Toyota vehicle today and begin their EMI payments around this year’s festive season of Navratri. The festive offer will be available across all authorized Toyota dealerships in Northern Parts of India and is valid till June 30, 2025.Key Highlig...
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Steelbird Helmets’ launches ‘Mission Save Lives 2.0 India’ at National Summit on VRU and Road Safety
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Steelbird Helmets’ launches ‘Mission Save Lives 2.0 India’ at National Summit on VRU and Road Safety

New Delhi, June 13, 2025. In a landmark move to address India’s alarming road safety crisis, Mr. Rajeev Kapur, Managing Director of Steelbird Helmets, launched “Mission Save Lives 2.0 India” at the National Summit on Vulnerable Road Users (VRUs) and Road Safety. The summit, designed to align with the objectives of the Marrakech Declaration in India’s context, brought together key stakeholders including government officials, researchers, industry experts, and road safety advocates to collectively chart a safer path forward.Mission Save Lives 2.0 India was launched against the backdrop of this summit, which focused on critical areas such as the VRU Safety Crisis and Required Solutions in India, Safe Road Design: Need of the Hour, the Role of Government, Media...
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3 out of 4 Indian recruiters are investing up to 70% of their hiring budgets in AI and tech to hire smarter, faster: LinkedIn research
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3 out of 4 Indian recruiters are investing up to 70% of their hiring budgets in AI and tech to hire smarter, faster: LinkedIn research

India, June  2025.Nearly three years into adopting AI at work, Indian recruiters are moving from ‘quick hiring’ to ‘quality hiring’. New research from LinkedIn reveals that 3 out of 4 (75%) recruiters in India are investing up to 70% of their hiring budgets in recruitment tech and AI tools.LinkedIn’s India Hiring ROI research, based on responses from over 1,300 HR professionals across 10 cities, finds that today’s top 3 recruitment priorities are finding high-quality candidates with transferable skills (57%), adopting smarter hiring tech (52%), and proving the ROI of hiring investments to C-suite leaders (46%).But challenges persist, from ensuring the right mix of soft and technical skills (64%) to hiring fast (58%) and finding candidates who are the right culture fit (54%...
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Mercedes-AMG G63 Collector’s Edition launched at Rs 4.3 crore
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Mercedes-AMG G63 Collector’s Edition launched at Rs 4.3 crore

New Delhi, June 12, 2025.Mercedes-Benz India has launched the much-anticipated AMG G 63 Collector’s Edition, priced at Rs 4.3 crore, ex-showroom. The exclusively-packed variant is developed specifically for the Indian market and will be limited to just 30 units - with deliveries starting in Q4 2025.This limited-run edition of the massively popular model has been developed in collaboration with Mercedes-Benz Research and Development India (MBRDI). Visually, the model looks similar to the standard version but gets two paint options: Mid Green Magno and Red Magno.Unique touches include a “One of Thirty” plaque on the spare wheel cover, a customized protective strip with Collector’s Edition branding, and most notably, a grab handle inside the cabin engraved with the owner’s name.As...
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Hyatt Collaborates with Soha Ali Khan to Launch A Redefined Hyatt Dining Club
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Hyatt Collaborates with Soha Ali Khan to Launch A Redefined Hyatt Dining Club

National, June 2025.Reimagining the art of fine dining and elevated experiences, Hyatt, for the first time, has collaborated with acclaimed actor, author, and lifestyle influencer Soha Ali Khan to launch its redefined Hyatt Dining Club – an exclusive membership program designed to elevate guest experiences across its participating hotels in India. This exciting collaboration celebrates the art of culinary indulgence and memorable moments, perfectly aligning with Soha’s passion for refined, fine dining, and curated experiences that embody modern elegance and sophistication.The new Hyatt Dining Club offers a world of exclusivity and privileges, offering members a blend of the finest diningand rejuvenating wellness privileges. The annual membership is available in three bespoke tiers—...
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Vodafone Idea Launches 5G Commercial Service in Bengaluru with Samsung’s Versatile Solutions
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Vodafone Idea Launches 5G Commercial Service in Bengaluru with Samsung’s Versatile Solutions

Bengaluru, 11th June 2025.Leading telecom operator Vodafone Idea (Vi) today announced the commercial launch of 5G services by partnering with Samsung Electronics Co., Ltd. (Samsung) in Bengaluru region, one of the key telecom markets in India and a global IT hub known as the "Silicon Valley of India". Since 2024, the companies have been working together to deploy a new generation, 5G network and modernize Vi's legacy 2G and 4G networks with Samsung's industry-leading solutions in major telecom circles of India including Bihar, Karnataka and Punjab[1].As part of this collaboration, Vi had already launched 5G commercial services in Chandigarh and Patna in April 2025. Vi has successfully deployed Samsung’ssmall form-factor, energy-efficient and high transmit power radios for enabling ...
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Live Better, Live Longer: Ultra-HNIs Make Wellness a Core Investment
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Live Better, Live Longer: Ultra-HNIs Make Wellness a Core Investment

New Delhi, June 2025.Post-pandemic Ultra-HNIs are placing a greater emphasis on their comprehensive well-being –both physical and mental. Over 90% of the Ultra-HNIs surveyed classify it as essential spending, underscoring its importance today. There has been an increase in spending on a range of wellness services and products by Indians over the previous year. The Ultra-HNIs surveyed in the Kotak Private TOP survey allocate 10% of their total spending towards health and wellness. 81% state that their spending for health and wellness has increased, as preventive healthcare and lifestyle modifications become key approaches to achieve their health goals.There has been an acceleration of health and wellness travel plans, as affluent travellers across the globe increasingly seek to reju...
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Motorola Launches edge 60 with 3X50MP AI Cameras, Quad-Curved 1.5K Display & moto ai — Starting at Rs. 24,999*
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Motorola Launches edge 60 with 3X50MP AI Cameras, Quad-Curved 1.5K Display & moto ai — Starting at Rs. 24,999*

New Delhi, June 10, 2025.Motorola, a global leader in mobile technology and innovation and India’s leading~ AI smartphone brand – today launched the motorola edge 60 – packed with industry-first AI-led experiences and class-leading hardware. At its core is a segment-leading triple 50MP AI camera system featuring the flagship Sony LYTIA 700C sensor, 30X AI Super Zoom with OIS, and a 50MP front camera—all enhanced with Pantone™ validated true colours and 4K video with seamless lens switching for pro-grade content creation. The edge 60 also boasts a stunning 6.7" 1.5K quad-curved pOLED Super HD display with 120Hz refresh rate, 4500 nits peak brightness, 96.3% screen-to-body ratio, and Gorilla Glass 7i. With Smart Water Touch 3.0, users can navigate even with wet hands. Powered by moto AI ...
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Victory All Around: Parimatch Celebrates More Than 1,000 Jeet Ka Tyohaar Winners
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Victory All Around: Parimatch Celebrates More Than 1,000 Jeet Ka Tyohaar Winners

New Delhi, June 10, 2025.As the curtain falls on another action-packed season of the Indian T20 League, Parimatch is proud to announce the successful conclusion of its signature Festival of Winnings Grand Tournament — and what a journey it has been! From March 22 to May 3, 2025, thousands of players joined the action — and the results speak for themselves. With over 1,100 winners and a Rs. 5.8 crore prize pool, the third edition of the Festival of Winnings stands out as one of Parimatch’s most successful campaigns to date. Crowning the ChampionsAfter two thrilling rounds of predictions, plays, and passion, the Festival of Winnings crowned its champions. Two lucky players grabbed the spotlight, each taking home the grand reward - a high-speed Porsche:•...
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RBI cuts repo rate by 50 bps, CRR by 100 bps
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RBI cuts repo rate by 50 bps, CRR by 100 bps

New Delhi, June 10, 2025.RBI Monetary Policy Committee (MPC) has cut Repo rate by 50 bps, significantly higher than estimates. The big change is the stance adopted by RBI. The Reserve Bank has now changed its stance to ‘Neutral.’ Food inflation outlook soft and core inflation outlook benign. The inflation outlook for the year has been revised downwards to 3.7%. GDP growth seen lower amidst global challenges.Shanti Ekambaram, Deputy Managing Director, Kotak Mahindra Bank, Said “The RBI has made a clear and decisive call to propel economic growth, deploying all key policy levers in a bold and timely manner. By front-loading a 50 basis point repo rate cut and infusing durable liquidity through a 100 basis point CRR reduction, the RBI has demonstrated its commitment to ensuring effecti...
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Meet the Next Chapter of Ultra
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Meet the Next Chapter of Ultra

Gurugram, June, 2025.For years, Samsung has listened to users asking for bigger screens, better cameras and new ways to connect and create. The demand is clear — an Ultra-experience that goes beyond a simple list of upgraded features in a smaller and more portable form factor.That’s why Galaxy’s next chapter is to provide an experience that seamlessly blends artistry and engineering to elevate everyday interactions.Squeeze onto a crowded subway train for your evening commute with the device folded in hand and use voice controls to have AI find you the perfect restaurant and text your dining companion. Finish off that unsent work email during the ride, then use the powerful camera to commemorate your night out. AI-powered tools enable all-day messaging, browsing and gaming on th...
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3rd party insurance premium may increase by up to 25%
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3rd party insurance premium may increase by up to 25%

New Delhi, June 09, 2025.The insurance regulator, IRDAI has suggested an average premium increase of 18% in case of third party auto insurance policies. While in case of some vehicle categories, this increase could be between 20% to 25%. The final decision on this proposal will be taken by the Ministry of Road Transport and Highways. A decision could be made in next 2 to 3 weeks.After the ministry's approval, a draft notification will be issued for public consent. Following this, other processes such as taking suggestions and reviews will be conducted. Only then all the new changes will be implemented. There has been no change in the premiums of auto insurance policies for the past three years.
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Jio BlackRock Mutual Fund appoints leadership team to drive operations
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Jio BlackRock Mutual Fund appoints leadership team to drive operations

New Delhi, June 09, 2025.Jio BlackRock Asset Management Private Ltd, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and US-based BlackRock, on Monday announced the appointment of its executive leadership team to drive operations.The mutual fund company had already announced the appointment of Sid Swaminathan as managing director and CEO last month.Jio BlackRock Asset Management's leadership team brings together asset management experience, digital innovation and customer-centric product design, the fund house said in a statement.
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India Can Become $7-8 Trillion Economy by 2030: IGIC 2025 Experts Push for Rural, Tech & Industrial Reforms
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India Can Become $7-8 Trillion Economy by 2030: IGIC 2025 Experts Push for Rural, Tech & Industrial Reforms

Bengaluru, June, 2025.Eminent leaders like Mohandas Pai, Chairman, Aarin capital, Claude Smadja, Chairman, Smadja & Smadja Strategic Advisory, Madan Padaki, President, TiE Bangalore & Trustee, TiE Global and Sanjeev Gupta, CEO, Karnataka Digital Economy Mission (KDEM) outlined a bold strategic vision for transforming India into a $7-8 trillion economy by 2030 on the last day of IGIC 2025. The dialogue brought attention to the role of digital technologies, rural economic empowerment, industrial growth and global trade integration as critical enablers.Over 300 global leaders and industry experts convened at IGIC 2025, engaging with participants on a wide spectrum of forward-looking topics—from tapping into new funding avenues for startups and the future of defense and securit...
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Tata Motors Elevates Driver Comfort, Launches Air Conditioned Cabins and Cowls across its Truck Range
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Tata Motors Elevates Driver Comfort, Launches Air Conditioned Cabins and Cowls across its Truck Range

Mumbai, June 2025. Tata Motors, India’s largest commercial vehicle manufacturer, announces the launch of factory-fitted air conditioning systems across its entire truck range. This significant upgrade spans the SFC, LPT, Ultra, Signa, and Prima cabins, while also extending to cowl models for the first time. Tata Motors also introduces a series of value additions, including power output enhancements, reinforcing its commitment to set new benchmarks in performance and drivability.Commenting on the occasion, Mr. Rajesh Kaul,Vice President and Business Head – Trucks, Tata Motors Commercial Vehicles, said, “The introduction of air-conditioned cabins and cowls marks a significant step towards building a comfortable working environment for drivers, enabling higher productivity. In ad...
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Starlink Licensed in India, Increasing Competition for Jio and Airtel
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Starlink Licensed in India, Increasing Competition for Jio and Airtel

New Delhi, June 07, 2025.India’s Department of Telecommunications (DOT) has officially granted Elon Musk’s company, Starlink, a license to provide satellite communication services in India. Sources within the DOT have stated that the test spectrum will be provided within 15-20 days of application. The launch of Starlink’s broadband and satellite internet services is expected to bring high-speed internet access to rural and remote areas of India. Starlink is the third company in India to receive a satcom license.Previously, OneWeb and Reliance Jio were also granted licenses to launch satellite services. Starlink has been seeking entry into the Indian market since 2022. Amazon’s Kuiper is also awaiting entry into the Indian market. Notably, India is the world’s second-largest interne...
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Samsung Introduces Samsung Finance+ for Bespoke AI Appliances, Offering Quick and Digital Financing for Indian Consumers
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Samsung Introduces Samsung Finance+ for Bespoke AI Appliances, Offering Quick and Digital Financing for Indian Consumers

Gurugram, June, 2025.Samsung, India’s largest consumer electronics brand, has expanded its popular digital lending program, Samsung Finance+, enabling consumer ease of purchase for its wide range of Bespoke AI Appliances. Developed by Samsung R&D Institute in Bangalore & Delhi, Samsung Finance+ ensures a fully digital and hassle-free financing experience with loan approvals in as little as 15 minutes. The initiative aims to provide seamless, quick, and paperless financing solution, making Samsung’s latest AI-enabled appliances including refrigerators, washing machines, and air conditioners, more accessible to consumers across India.Samsung Finance+ is designed to drive financial inclusion so that consumers can avail easy credit with minimal documentation and quick loan appr...
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Participate in Defensive Sectors of India – DSP Mutual Fund launches Index Funds on IT and Healthcare sectors
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Participate in Defensive Sectors of India – DSP Mutual Fund launches Index Funds on IT and Healthcare sectors

Mumbai, June  2025.DSP Mutual Fund announced the launch of two new index funds, DSP Nifty IT Index Fund and DSP Nifty Healthcare Index Fund. These funds aim to provide investors with a strategic way to participate in sectors known for their resilience compared to broader equity markets.Defensive sectors such as Information Technology (IT) and Healthcare have historically exhibited low beta relative to the broader equity market, meaning they are less affected by market downturns, economic crises, or geopolitical events. For instance, during the Global Financial Crisis (Jan – Oct 2008) and the Covid-19 pandemic (Jan – March 2020), Nifty Healthcare and Nifty IT indices outperformed the broader Nifty 500 Index by experiencing lower drawdowns and quicker recoveries.1These secto...
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Audience attention is harder than ever to earn – 90% of India’s B2B marketers are betting on video to stand out: LinkedIn
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Audience attention is harder than ever to earn – 90% of India’s B2B marketers are betting on video to stand out: LinkedIn

India, June 4, 2025:In today's high-stakes, highly complex B2B landscape, new research from LinkedIn reveals that 90% of B2B marketers in India say grabbing audience attention is their biggest campaign worry. And, 62% say that investing in video is imperative to not lose out to competitors.LinkedIn’s ‘2025 B2B Marketer Sentiment Research’ that surveyed over 3,000 B2B marketers across 13 countries – India, Australia, Singapore, USA, UK, France, Germany, Netherlands Spain, Italy, Sweden, Brazil and UAE – reveals that 80% of Indian B2B marketers feel they need to invest in creative strategies to stand out because it’s more competitive these days.However, creativity still needs to make its case in the boardroom. Senior-level marketing leaders are clear that creative ideas and video...
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Samsung Announces Exciting Price on Galaxy S25 Ultra in India
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Samsung Announces Exciting Price on Galaxy S25 Ultra in India

Gurugram, June 2025.Samsung, India’s largest consumer electronics brand, today announced an exciting limited-period offer on the flagship Galaxy S25 Ultra.  Originally priced starting INR 129999, Galaxy S25 Ultra will be available at just INR 117999. The special price on the Galaxy S25 Ultra includes an instant cashback of INR 12000.Further sweetening the deal for consumers, the Galaxy S25 Ultra is also available with a 24-month no-cost EMI. Consumers seeking enhanced affordability can take advantage of the no-cost EMI starting INR 3278 per month.These special offers give customers a fantastic opportunity to experience Samsung’s flagship Galaxy S25 Ultra, that sets a new standard as a true AI companion with Samsung’s most natural and context-aware mobile experiences ever c...
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Samsung Expands Its Premium Presence With First Experience Store In Indore’s City Center
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Samsung Expands Its Premium Presence With First Experience Store In Indore’s City Center

Gurugram, June 03, 2025.Samsung, India’s largest consumer electronics brand, has inaugurated its first retail experience store in City Center on MG Road in Indore, further strengthening its premium retail presence across the country.The store offers an immersive experience to customers with dedicated zones featuring the latest smartphones, tablets, laptops and SmartThings. Here, they can have a first-hand experience of how Samsung's connected devices can transform their lifestyle into smarter and more convenient experiences.Spread across 1000 square feet, the new store is designed to be a one-stop solution for consumers to experience Samsung’s cutting-edge innovation, connected ecosystem, and premium service centre all under one roof.Strategically located in City ...
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