Business News

29Jan By editor3No Comments

Business News, Feature

Tata Motors Consolidated Q3 FY25 Results

Mumbai,January 29, 2025. Tata Motors Ltd.(TML) announced its results forquarterending December 31, 2024. Q3FY25 Consolidated (₹ Cr Ind AS)Jaguar Land Rover (£m, IFRS)Tata Commercial Vehicles  (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS) FY25Vs. PYFY25Vs. PYFY25Vs. PYFY25Vs. PYRevenue1,13,5752.7%7,4861.5%18,431(8.4)%12,354(4.3)%EBITDA (%)13.7%(60) bps14.2% (200) bps12.4%130 bps7.8%120 bpsEBIT (%)8.9%60 bps9.0%20 bps9.6%100 bps1.7%(40) bpsPBT (bei)7,700₹(75) Cr             523£(103) mn1,726₹70 Cr292₹(116) CrYTD FY25Revenue3,23,0741.6%21,2340.5%53,568(6.4)%35,902(5.3)%EBITDA (%)13.2%(90) bps14.0%(180) bps11.6%120 bps6.6%50  bpsEBIT (%)7.7%(20) bps7.8%(50) bps8.8%110 bps0.7%(90) bpsPBT (bei)22,296...

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29Jan By editor3No Comments

Business News, Education News, Feature

Samsung  Integrates EMBIBE’s AI-Powered Learning Platform into the Samsung Education Hub App for Smart TVs & Smart Monitors

Gurugram, January 2025. Samsung, India’s largest consumer electronics brand, has partnered with EMBIBE, an AI-powered personalised learning outcomes platform, to integrate it into the Samsung Education Hub app, a designed-for-TV education app. The collaboration will help TVs become effective educational tools providing personalised learning experiences for students. Through this partnership, EMBIBE, as part of the Samsung Education Hub app, will offer extensive educational coverage, supporting all major curricula, including CBSE, ICSE, IB, Cambridge, all State Boards and major entrance exams such as IIT JEE and NEET. Students will benefit from a large collection of award-winning, immersive 3D explainer videos, designed to make even the most complex topics easier to understand and mor...

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29Jan By editor3No Comments

Automobile News, Business News, Feature

Ola to unveil Gen 3 electric scooter this week

New Delhi, January 29, 2025. Ola Founder Bhavish Aggarwal on Wednesday said electric scooter based on Gen 3 platform will be unveiled later this week. "Ringing the 'Next Level' with @OlaElectric Gen 3 scooters! We've significantly surpassed Gen 2 products in every way -- much higher performance, more features, great design! And a surprise to change the industry all over again," he stated on X. The Bengaluru-based Ola Electric will unveil the product range on January 31.

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29Jan By editor3No Comments

Business News, Feature, National News

Green energy, AI to shape future of humanity: Mukesh Ambani

Ahmedabad, January 29, 2025. Ahmedabad: Asserting that Artificial Intelligence tools like ChatGPT are not a substitute for critical thinking, Reliance Industries Chairman Mukesh Ambani on Tuesday said the country would progress only through people's own intelligence, not through AI India will become the "most prosperous nation" in the world before the end of this century, but growth must not endanger the planet and the transition from fossil fuels to clean energy must be speeded up, he said at the 12th convocation of Pandit Energy University. Ambani is the president of the varsity. "Talking of Artificial Intelligence, I have a piece of advice to our young students. You must be good at using AI as a tool of learning, but do not give up your own critical thinking. You should definit...

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29Jan By editor3No Comments

Business News, Feature

Indian Bank Q3 net profit surges 35 pc to Rs 2,852 cr

New Delhi, January 29, 2025.  State-owned Indian Bank on Wednesday reported a 35 per cent increase in net profit at Rs 2,852 crore for the third quarter ended December 2024, helped by core income. The Chennai-based bank had earned a net profit of Rs 2,119 crore in the same quarter a year ago. Its total income increased to Rs 17,912 crore from Rs 16,099 crore a year ago, Indian Bank said in a regulatory filing.

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29Jan By editor3No Comments

Business News, Fashion & Lifestyle, Feature

Wipro Launches MyWiproVerse Hyderabad: Transforming Workspaces with Smart Lighting and Ergonomics

Hyderabad, January 29, 2025. Wipro Commercial & Institutional Business (CIB), a pioneer in lighting and seating solutions, has launched MyWiproVerse Hyderabad, a state-of-the-art IoT-powered experience center. The 2,000 sq. ft. facility inspires businesses to rethink workspaces by integrating smart technology, health-first design, and ergonomic solutions. It offers a glimpse into future-ready workspaces, with IoT-enabled lighting systems designed to support circadian rhythms and seating solutions crafted for comfort and productivity. Space designers, architects, real-estate teams, consultants, interior designers, facility management experts, CXOs, and business owners can explore innovative lighting and seating solutions through this experience center. The lighting so...

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28Jan By editor3No Comments

Business News, Feature

Galaxy S25 is Samsung’s Best Smartphone, Your True AI Companion: TM Roh

New Delhi, January 2025. Galaxy S25 is Samsung's best prepared product ever, said TM Roh, the company's President and Head of Mobile Experience Division. "The Galaxy S25 is the slimmest and most durable smartphone, coming with unrivalled leadership in hardware for camera and battery. It also has the best-performing customized processor only for Galaxy. The already outstanding camera experience of our S Series is further combined and enriched with Galaxy AI, resulting in AI-powered image quality and image editing capabilities," he added. Roh said Indian consumers are highly receptive to innovative features, and the usage of AI features in India is higher than the global average. That is why the new AI features in Galaxy S25 were developed with Hindi language as a top priority from ...

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28Jan By editor3No Comments

Business News, Feature

RummyCulture is Pioneering Responsible Gaming and Skill Development in India’s Thriving Online Gaming Sector

Jaipur, January, 2025. RummyCulture, a flagship platform by skill-based online games company Gameskraft, and recently recognized as ‘India’s Number One Rummy App’, is reaffirming its dedication to offering a secure and fair gaming environment as India’s online gaming industry experiences significant growth. With the market projected to reach USD 7.5 billion by FY2028, the online rummy sector, led by RummyCulture, is at the forefront of this surge, blending innovation, responsibility, and a strong focus on player experience. Skill-Based Gaming in India: A Thriving Industry India's online gaming sector is experiencing rapid development, greatly contributing to the country's economic progress. The industry is forecasted to grow at a CAGR of 20%, with a significant rise in real-money ...

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28Jan By editor3No Comments

Business News, Feature

TP-Link partners Optiemus Electronics to Manufacture Network and IoT Devices in India

New Delhi, 28th January 2025.  Optiemus Electronics Limited (“OEL”) today announced a strategic partnership with TP-Link, a leading global electronics brand, to manufacture its world-class networking devices and smart home products in India. This collaboration reinforces TP-Link’s commitment towards the ‘Make in India’ vision and bolsters India’s resolve to become the global hub for telecom and electronics manufacturing. Under the partnership, OEL will be manufacturing a range of key telecom and IoT products like GPON (ONT), cameras (Security and Surveillance), Home Wi-Fi routers, Enterprise Routers, Modems/ Gateways, SOHO Switches, and other network expansion devices. These products will be manufactured in OEL’s state-of-the-art manufacturing facility having a capacity to produce up...

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28Jan By editor3No Comments

Business News, Feature

JSW Infra net profit climbs 32 pc to Rs 335.62 cr in Dec qtr

New Delhi, January 28, 2025. JSW Infrastructure on Tuesday reported a 32.35 per cent rise in its consolidated net profit to Rs 335.62 crore in the December quarter, driven by higher income. The country's second-largest private port operator posted a net profit of Rs 253.57 crore during the October-December period a year ago, according to a statement. The total income rose to Rs 1,265.31 crore in the third quarter against Rs 1,018.30 crore in the year-ago quarter.

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28Jan By editor3No Comments

Business News, Feature

Rupee falls 25 paise to close at 86.56 against US dollar

New Delhi, January 28, 2025. The rupee depreciated 25 paise to close at 86.56 (provisional) against the US dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by the US President Donald Trump. Forex traders said the rupee continued to face pressure due to sustained foreign fund outflows and the strength of the American currency in the overseas market amid unabated dollar demand from oil importers and weak risk appetite. At the interbank foreign exchange, the rupee opened on a weak note at 86.53, and during the day touched a high of 86.50 and a low of 86.57 against the American currency.

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27Jan By editor3No Comments

Business News, Feature

Indosat Ooredoo Hutchison and AIonOS unite to Power Indonesia’s AI growth journey

New Delhi, January 2025. In a landmark collaboration under the visionary Government-to-Government (G2G) initiative between India and Indonesia, AIonOS and Indosat Ooredoo Hutchison (Indosat or IOH) have signed a historic Memorandum of Understanding (MoU) to transform Indonesia’s Artificial Intelligence (AI) ecosystem. The MoU represents the first large-scale AI-focused partnership between the two nations, symbolizing a shared commitment to leverage the power of AI to drive innovation, economic growth, and sociocultural transformation. AIonOS, a joint venture between InterGlobe and Assago Group, is dedicated to transforming businesses into AI-led enterprises and Indosat is Indonesia’s leading telecommunications provider empowering people of Indonesia.   The collaboration ...

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27Jan By editor3No Comments

Business News, Feature, Health News

Introducing India’s First: Natural Pain Relief Oil with Omega 3, 6, 9 for Instant and Long‐ Lasting

New Delhi, January 27, 2025. Comfort A unique and effective solution for joint and muscle pain is now available in India. This oil is a blend of 24 natural herbs enriched with the benefits of Omega 3, 6, and 9. It not only provides instant relief from pain but also strengthens joints for the long term. Our revolutionary pain relief oil is helping those recommended for knee replacement to regain mobility and avoid surgery.  Natural Ingredients with powerful deep penetration formula  Joint pain often arises due to imbalanced air elements (Vata) and calcium deficiency. Keeping this in mind, this oil has been meticulously formulated with natural ingredients such as:  •  Emu Oil  •  Walnut  •  Fenugreek  •  Hadjod (Cissus qu...

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26Jan By editor3No Comments

Business News, Feature

Samsung India Launches Galaxy S25 Series, Your True AI Companion; Pre-order Now for Exciting Offers

New Delhi, January, 2025. Samsung, India’s largest consumer electronics brand, today announced that customers can pre-order its latest Galaxy S25 Ultra, Galaxy S25+ and Galaxy S25 smartphones that set a new standard as a true AI companion with Samsung’s most natural and context-aware mobile experiences ever created. Galaxy S25 series represents the first step in Samsung’s vision to change the way users interact at every touchpoint by seamlessly integrating AI agents and multimodal capabilities. A first-of-its-kind customized Snapdragon® 8 Elite Mobile Platform for Galaxy chipset delivers greater on-device processing power for Galaxy AI and superior camera range and control with Galaxy’s next-gen ProVisual Engine.“Samsung unveiled the era of mobile AI with the launch of Galaxy AI last...

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26Jan By editor3No Comments

Business News, Feature

Galaxy S25 series will include at least 50% recycled cobalt

Gurugram, January 2025. Following Galaxy Unpacked 2025, Samsung Electronics held its Galaxy Tech Forum event on January 23 in San Jose, California.Tech leaders and experts from around the world discussed the future of AI at Blanco, an Urban Venue, a three-story spacelocated in the heart of Silicon Valley that blends historic architecture with a modern white design. Samsung Newsroomvisitedthe firstGalaxy Tech Forum session, titled “How Mobile Technology Can Accelerate a Sustainable Future,” to learn about Samsung’s mobile innovations and partnerships that arecontributing to a brighter tomorrow. Despite the numerous benefits offeredto modern society, the rapid growth of the mobile industryhas also brought significant environmental challenges. To address those challenges, Samsung has...

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25Jan By editor3No Comments

Business News, Feature

Gold breaches Rs 83,000 mark for first time

New Delhi, January 25, 2025. Gold prices extended the rally for the eighth consecutive session and climbed Rs 200 to breach the psychological level of Rs 83,000 per 10 grams for the first time in the national capital on Friday amid aggressive buying triggered by global market uncertainties. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity rose Rs 200 to hit a fresh lifetime high of Rs 83,100 per 10 grams.

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25Jan By editor3No Comments

Business News, Feature, Rajasthan News

CM gives approval for e-auction of mineral blocks in three dists

Jaipur, January 25, 2025. Chief minister Bhajan Lal Sharma has approved the e-auction of several mineral blocks in Jaisalmer, Kota and Sawai Madhopur districts, a move aimed at ensuring transparency and efficiency in the mining sector. Notifications for the e-auction of limestone and lead-zinc mineral blocks will be issued shortly. The e-auction process includes limestone blocks in Jaisalmer district: Parewar (SN-I) spanning 960 hectares, Parewar (SN-III) covering 928 hectares, Parewar (SN-IV) measuring 960 hectares, and Parewar-A comprising 400 hectares. In Kota district, the limestone block Ninama-Duniya Extension (408.2974 hectares) will be auctioned, while Jaisalmer's Khabiya block (200.4766 hectares) and Khabiya East block (205.9798 hectares) are also part of the plan. Additiona...

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25Jan By editor3No Comments

Business News, Feature

NDTV loss widens in Q3 at Rs 55.48 cr

New Delhi, January 25, 2025. Media network NDTV Ltd on Saturday reported a widening of consolidated loss to Rs 55.48 crore in the third quarter ended December 31, 2024, impacted by higher expenses. The company had posted a consolidated loss of Rs 10.16 crore in the same quarter last fiscal, NDTV said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 132.74 crore compared to Rs 97.95 crore in the year-ago period, the company said.

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25Jan By editor3No Comments

Business News, Feature

IDFC FIRST Bank Q3 FY25 PAT at Rs. 339 crore, Core Operating Profit up 15% YoY

Mumbai, January 25, 2025.  IDFC FIRST Bank has reported a strong financial performance for Q3 FY25, with a Profit After Tax (PAT) of Rs. 339 crore and a 15% YoY increase in core operating profit. The bank saw significant growth in key areas, including a 28.8% rise in customer deposits and a 22% increase in loans and advances. Despite challenges in the microfinance sector, the bank’s asset quality remains stable, supported by a solid capital position following its recent merger.  Financial results IDFC FIRST Bank today announced the unaudited financial results for the quarter and nine months ended December 31, 2024. Deposits & Borrowings •  Customer Deposits increased 28.8% YOY from Rs. 1,76,481 crore as of December 31, 2023 to Rs. 2,27,316 crore as of December ...

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25Jan By editor3No Comments

Business News, Feature

Amitabh Bachchan named brand ambassador for KRBL’s ‘India Gate’ basmati rice

New Delhi, January 25, 2025.  KRBL Ltd has roped in Bollywood actor Amitabh Bachchan as the brand ambassador for its 'India Gate' brand of basmati rice. Bachchan's association with 'India Gate' marks a significant milestone in the brand's journey to strengthen its connection with consumers and reaffirm its position as the global leader in the basmati rice category, the company said in a statement. Ayush Gupta, India Business Head, KRBL said, "We are honoured to welcome Amitabh Bachchan to the KRBL family. His legendary stature, unwavering integrity and timeless appeal perfectly resonate with our core values and rich heritage."

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24Jan By editor3No Comments

Business News, Feature, National News

Kotak BizLabs Accelerator Programme Unveiled, Aims to Transform India’s Startup Ecosystem

Mumbai, 24th January 2025.  Kotak Mahindra Bank Ltd. (KMBL) has launched the Kotak BizLabs Accelerator Programme along with a nationwide marketing campaign. This initiative, part of Kotak’s CSR efforts, aims to help early-stage startups overcome growth challenges and scale their businesses. In collaboration with incubators like IIMA Ventures, NSRCEL, and T-Hub, Kotak BizLabs Accelerator Programme will offer mentorship, market access, funding opportunities, and advisory support. The programme has already enrolled over 200 startups and conducted 15 roadshows in Tier-2 and Tier-3 cities such as Indore, Surat, and Warangal. Kotak BizLabs Accelerator Programme aims to support around 1,000 startups in sectors like agritech, climatech, fintech, healthcare, edtech, and sustainability.&nbs...

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24Jan By editor3No Comments

Business News, Feature

IndiGo Q3 profit slides 18 pc to Rs 2,450 crore

New Delhi, January 24, 2025. The country's largest airline IndiGo on Friday reported a nearly 18 per cent decline in consolidated profit of Rs 2,450.1 crore for the three months ended December 2024. The carrier had a profit of Rs 2,986.3 crore in the year-ago period, according to a regulatory filing.

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24Jan By editor3No Comments

Automobile News, Business News, Feature

Maruti Suzuki India to hike prices by up to Rs 32,500 across models from Feb 1, 2025

New Delhi, January 24, 2025. Car market leader Maruti Suzuki India on Thursday said it will hike prices by up to Rs 32,500 across various models from February 1 to partially offset the rise in input costs. Due to rising input costs and operational expenses, the company plans to increase car prices, starting February 1, 2025, Maruti Suzuki India said in a regulatory filing. “While the company is committed to optimising costs and reducing the impact on the customers, we are constrained to pass on some of the increased expenses to the market,” it added.

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