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Samsung TV sales cross Rs 10,000 cr in 2024, aims double-digit growth led by premium segment
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Samsung TV sales cross Rs 10,000 cr in 2024, aims double-digit growth led by premium segment

New Delhi, May 2025.Consumer Electronics major Samsung, whose TV sales crossed the Rs 10,000-crore mark in 2024, is looking for a double-digit growth this year driven by premiumisation with increase in the number of large screen size sets and by democratising new age features as AI technology, a company official said, as reported by Press Trust of India.The company now aspires to corner around one-third of the Indian TV market, where the growth is led by the premium segment, which is 55 inches and above screen size, said its Senior Director and Head of VD Business, Viplesh Dang.Though 2024 was not a good year for the TV industry, which witnessed a decline in sales, Samsung, a market leader in the segment, is observing "some green shoots" and expects the overall industry to grow...
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Hyatt Announces Signing of Grand Hyatt Indore, Strengthening Presence of Grand Hyatt Brand in India
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Hyatt Announces Signing of Grand Hyatt Indore, Strengthening Presence of Grand Hyatt Brand in India

CHICAGO May 2025.Hyatt today announced the signing of a management agreement for Grand Hyatt Indore, a landmark luxury development, with Krivish Hospitality Private Limited.The hotel will be developed on an emerging 11.5-acre site and marks a significant milestone in Hyatt’s continued expansion of its portfolio in high-growth markets, bringing the Grand Hyatt brand to the vibrant city of Indore, Madhya Pradesh, India.Strategically located in one of India’s fastest-growing cities, Grand Hyatt Indore will feature 250 well-appointed rooms and suites, five signature food and beverage concepts,and an expansive meetings and events space spanning over 53,000 square feet (5,000 square meters), including a grand 27,986-square-foot (2,600-square-meter) ballroom. Designed to cater to both bus...
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Shriram General Insurance Reports Robust Q4 FY25 Performance: 25% Growth in GWP and 8% Increase in Net Profit
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Shriram General Insurance Reports Robust Q4 FY25 Performance: 25% Growth in GWP and 8% Increase in Net Profit

Jaipur, May 12, 2025.Driven by strong growth in motor premium, Shriram General Insurance Company (SGI) has reported a 25% year-on-year increase in Gross Written Premium (GWP) for Q4 FY25, at Rs. 1099 Cr, up from Rs. 876 Cr in the same quarter last year.Atthe end of FY25 the GWP of the insurer grew by 24%, rising from Rs 3036 Cr in FY24 to Rs.3753 Cr, significantly outperforming the general insurance industry's growth rate of 6%.  Net profit for the quarter rose to Rs 130 Cr, an8% growth from Rs. 121 Cr in the same period last year.Investment income rose by 12%. For FY25 the net profit rose to Rs. 515 from Rs.455 a 13% increase from the same period a year ago.Anil Aggarwal, MD & CEO of Shriram General Insurance Company, stated, “In FY25, we have delivered a strong perfo...
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Samsung Galaxy S25 Edge Features New Corning® Gorilla® Glass Ceramic 2 for Enhanced Durability
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Samsung Galaxy S25 Edge Features New Corning® Gorilla® Glass Ceramic 2 for Enhanced Durability

Gurugram, May  2025.Samsung Electronics and Corning Incorporated today announced that the upcoming Galaxy S25 Edge will feature Corning® Gorilla® Glass Ceramic 2,a new glass ceramic offering that delivers advanced protection in a new, remarkably thin device form factor. Driven by a shared vision to push the boundaries of mobile engineering, Samsung and Corning joined forces to ensure the premium S series experience balances elegance with resilience.Gorilla Glass Ceramic 2 further extends the legendary toughness that Corning® Gorilla® Glass is known for. Combining Corning’s advanced glass technology with Samsung’s proprietary processing and reinforcement technologies, the Gorilla Glass Ceramic 2 cover on Galaxy S25 Edge delivers a sleek yet strong design.“Galaxy S25 Edge wi...
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Zomato concludes the second edition of Plastic-Free Future Packathon, graced by Shri Sanjiv, Joint Secretary, Startup India DPIIT
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Zomato concludes the second edition of Plastic-Free Future Packathon, graced by Shri Sanjiv, Joint Secretary, Startup India DPIIT

New Delhi, May 09, 2025.Zomato, India's food ordering and delivery platform, in collaboration with Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, concluded the second edition of the Zomato Plastic-Free Future Packathon, held at Bharat Mandapam in New Delhi. The event brought together key stakeholders such as Shri Sanjiv, Joint Secretary, Startup India, DPIIT, 35+ startups, ~50 restaurant partners and investors to discover and celebrate sustainable packaging solutions by startups, for the delivery and dine-in industry.The Packathon event recognized winners from the top 10 ready-to-scale and prototype-stage startups that presented their innovations aimed at reducing plastic waste. The winners were chosen from a pool of 128 applica...
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Samsung Launches Galaxy F56, its Slimmest F Series Smartphone in India
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Samsung Launches Galaxy F56, its Slimmest F Series Smartphone in India

Gurugram, May 2025. Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy F56 5G, the slimmest smartphone in the F-Series portfolio. The smartphone is only 7.2mm slim and stands out with several segment-leading features such as flagship grade camera, 6 generations of Android upgrade cycle, Gorilla Glass Victus+ protection on both front and back and advanced AI editing tools."With the launch of Galaxy F56 5G, Samsung is reaffirming its commitment to bringing meaningful innovation to empower customers' lives through powerful, future-ready technology. Galaxy F56 5G brings a perfect blend of design and functionality to deliver top tier experiences to the young consumers looking for a smartphone that complements their lifestyle," said Akshay S Ra...
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Samsung TV sales cross Rs 10,000 cr in 2024
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Samsung TV sales cross Rs 10,000 cr in 2024

New Delhi, May 2025.Consumer Electronics major Samsung, whose TV sales crossed the Rs 10,000-crore mark in 2024, is looking for a double-digit growth this year driven by premiumisation with increase in the number of large screen size sets and by democratising new age features as AI technology, a company official said.The company now aspires to corner around one-third of the Indian TV market, where the growth is led by the premium segment, which is 55 inches and above screen size, said its Senior Director and Head of VD Business, Viplesh Dang.Though 2024 was not a good year for the TV industry, which witnessed a decline in sales, Samsung, a market leader in the segment, is observing "some green shoots" and expects the overall industry to grow with a low single digit.
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Samsung Set to Unveil Galaxy S25 Edge Globally on May 13, 2025
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Samsung Set to Unveil Galaxy S25 Edge Globally on May 13, 2025

Gurugram, May 2025.Over the last decade, smartphones have undergone a remarkable transformation — becoming more powerful and intelligent than ever before. As the advent of mobile AI has raised the bar for what these devices can achieve, so have our expectations for peak performance. Integrating AI has fundamentally reshaped mobile experiences, turning smartphones from convenient tools into indispensable companions for connection, creativity and productivity. As our reliance on these devices grows, so do our expectations for them to be portable and lightweight without sacrificing power and innovation.We’re constantly striving to understand our users’ evolving needs, innovating to bring them what they’re looking for. By pushing the boundaries of mobile technology, we’re going beyond ...
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Samsung Unveils Vision AI for Neo QLED, OLED, QLED and The Frame TVs, Bringing Intelligent, Immersive & Adaptive Screens to Indian Consumers
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Samsung Unveils Vision AI for Neo QLED, OLED, QLED and The Frame TVs, Bringing Intelligent, Immersive & Adaptive Screens to Indian Consumers

Gurugram, May, 2025. Samsung, India’s largest consumer electronics brand, today announced the launch of its ultra-premium 2025 models of Neo QLED 8K, Neo QLED 4K, OLED, QLED TVs and The Frame lineup, bringing the revolutionary Samsung Vision AI technology to Indian consumers. At the heart of this launch is the new Samsung Vision AI that delivers an unparalleled home entertainment experience with next-generation AI capabilities. Staying true to its commitment to innovation, Samsung’s latest range redefines how users interact with screens, turning them into intelligent companions that enrich everyday living.Samsung Vision AI - a cutting-edge technology framework - pairs AI-enhanced picture and sound for maximum performance with personalized experience. Samsung Vision AI is built...
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The India–UK Free Trade Agreement to enhance the export potential of ‘Made in India’ products
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The India–UK Free Trade Agreement to enhance the export potential of ‘Made in India’ products

New Delhi, May 2025. "The India–UK Free Trade Agreement (FTA) is a timely catalyst for boosting the India’s image and business opportunities globally in multiple sectors," said Ashok Chandak, President, IESA and SEMI India. The services sector will also benefit significantly, with growth in design, testing, and embedded software, driven by joint R&D and collaboration—leveraging the UK’s design strengths and India’s engineering talent thereby helping start up’s and innovators." "By reducing tariffs on components, raw materials, and capital equipment, it lowers production costs and enhances the export potential of 'Made in India' productsHe added, " It facilitates skilled talent exchange, strengthens supply chain resilience, and promotes green e...
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Routematic Secures US $40 Million (INR 340 Cr) Series C Fund Led By Fullerton Carbon Action Fund and Shift4Good
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Routematic Secures US $40 Million (INR 340 Cr) Series C Fund Led By Fullerton Carbon Action Fund and Shift4Good

Bangalore, May, 2025.Routematic, India’s leading AI-driven Corporate Transport-as-a-Service company, providing full-stack corporate commute serving over 300 corporates across 23 cities in India, today announced that it has secured $40 million (INR 340 Cr)  in Series C funding round led by Fullerton Carbon Action Fund and Shift4Good. Ostara Advisors, India’s leading Climate-tech Investment Banking firm, were the exclusive financial advisors to Routematic on this transaction.Founded in 2013, Routematic has consistently been at the forefront of Enterprise mobility solutions, redefining corporate transportation with a blend of AI-driven technology delivering safe and predictable commute experience to over 300,000 employees, 5 Million trips in a month.  ...
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YouTube starts testing two-person premium plans in India
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YouTube starts testing two-person premium plans in India

New Delhi, May 06, 2025.YouTube is trying out a new subscription option that lets two people share a Premium or Music Premium membership. The pilot program is currently live in India, France, Taiwan, and Hong Kong.The new two-person YouTube Premium plan in India is priced at Rs 219 per month, while the Music Premium duo option costs Rs 149 per month. Both users must be 13 years or older, have a Google account, and belong to the same Google family group.A YouTube spokesperson confirmed, “We’re experimenting with new ways to offer more flexibility and value, including a two-person plan at a reduced cost.”In March, YouTube announced it had surpassed 125 million global subscribers for Music and Premium services combined. Alphabet, meanwhile, has crossed 270 million total paid s...
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SBI Life launches Hack-AI-thon; accelerates AI-Driven innovation to shape the future of insurance
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SBI Life launches Hack-AI-thon; accelerates AI-Driven innovation to shape the future of insurance

New Delhi, May 06, 2025.SBI Life Insurance, one of India's most trusted private life insurers, launched the 1st edition of 'Hack-AI-thon'; a nationwide innovation initiative encouraging bright minds to leverage AI for transforming the future of life insurance. The initiative offers a unique platform for tech students, across India, to co-create solutions for business-critical challenges in insurance, with a sharp focus on transforming customer experience, product accessibility and fraud prevention.The regional rounds of SBI Life's Hack-AI-thon saw an overwhelming response with over 7,500 registrations from tech students across India. Following a rigorous selection process, over 50 teams from across India were chosen to present their innovative ideas at regional locations, held in P...
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India’s Outbound Travel Rises 30% – Visament Launches Smart Visa Services
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India’s Outbound Travel Rises 30% – Visament Launches Smart Visa Services

New Delhi, May 06, 2025. With India’s outbound travel seeing a 30% surge in the past year, visa demand has reached new heights, probing the need for faster, more accessible visa processing solutions. Visament has launched smart visa services for over 50 countries, aiming to streamline and simplify the process through a tech-centric approach. The launch coincides with a period of rapid recovery and growth in international mobility. According to VFS Global, visa applications in India during the first half of 2024 exceeded pre-pandemic levels, marking a 2% increase over H1 2019 and an 11% jump from the same period in 2023. The trend signals not just a rebound but a transformation in how Indian travelers approach international travel and documentation....
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Hyatt Collaborates with Mumbai Indians Cricket Team
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Hyatt Collaborates with Mumbai Indians Cricket Team

New Delhi, May, 2025.In an exciting confluence of world-class hospitality and thrilling cricket, Hyatt today announced a strategic collaboration with Mumbai Indians, one of the most celebrated teams in global franchise cricket. This collaboration marks a coming together of two icons that share a commitment to excellence, experience and creating unforgettable moments for their patrons and fans.As a part of this collaboration, Hyatt will launch an immersive digital campaign bringing together Hyatt`s purpose of care and India’s passion for cricket. This strategic alliance will enhance Hyatt’s presence among cricket enthusiasts, leveraging visual assets and exclusive experiences to amplify brand visibility throughout the season. Through this collaboration, Hyatt aims to bring cricket f...
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India may become world’s 4th largest economy by December 2025
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India may become world’s 4th largest economy by December 2025

New Delhi, May 05, 2025.India's economy could surpass Japan to become the world's fourth-largest economy by December 2025. According to the International Monetary Fund (IMF) World Economic Data, India's GDP is currently ranked fifth in the world at $4.3 trillion. Japan’s GDP is currently at $4.4 trillion.IMF predicts if the current growth rate continues, India will surpass Germany ($4.9 trillion GDP) by 2028 to become the world's third-largest economy.India's economy has doubled in the last 10 years. This economic growth is the fastest in the world. According to IMF data, India's GDP has increased by 105% in the past decade. Currently, India's GDP is $4.3 trillion, whereas in 2015 it was $2.1 trillion.
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Bombay Dyeing Q4 profit falls 83 pc to Rs 11.54 cr, revenue dips 12 pc
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Bombay Dyeing Q4 profit falls 83 pc to Rs 11.54 cr, revenue dips 12 pc

New Delhi, May 05, 2025.Bombay Dyeing & Manufacturing Co Ltd on Monday reported a decline of 82.6 per cent in its consolidated profit at Rs 11.54 crore in the fourth quarter ended March 2025.The company had posted a net profit of Rs 66.46 crore in the January-March quarter a year ago, according to a regulatory filing from Bombay Dyeing & Manufacturing Co Ltd.Its total income was down 12.42 per cent to Rs 395.47 crore in the March quarter. It was at Rs 451.58 crore in the corresponding quarter a year ago.
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Air India buys 6 leased Boeing 777-300 ER planes
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Air India buys 6 leased Boeing 777-300 ER planes

New Delhi, May 05, 2025.Air India has acquired six Boeing 777-300 ER planes that were being operated on lease, marking the purchase of this category of wide-body long range aircraft after more than seven years, according to sources.The airline's move comes against the backdrop of supply chain constraints delaying deliveries as well as refurbishment works of its legacy wide-body planes.The loss-making airline, acquired by the Tata Group in January 2022, is undergoing an ambitious five-year transformation plan, and is expanding its fleet as well as network amid rising air traffic demand. Its USD 400 million retrofit programme for 67 wide-body and narrow-body planes is also in progress.
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Sonalika Ushers In FY’26 With 11,962 Overall Tractor Sales In April’25
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Sonalika Ushers In FY’26 With 11,962 Overall Tractor Sales In April’25

New Delhi, May 05, 2025.India’s No. 1 tractor export brand Sonalika Tractors has been off to a flying start in FY’26 with 11,962 overall tractor sales in April’25 as the brand continues to leverage its strong commitment to the farmer-first philosophy. By customising its state-of-the-art tractors as per region centric needs of farmers, Sonalika consistently leads in presenting value-driven solutions that empower sustainable and profitable growth for farmers across India. Sonalika Tractors has already launched its much anticipated ‘Sonalika Toofani Dhamaka’ offer that brings an exciting opportunity for nationwide farmers to bring home Sonalika heavy duty tractors at unbelievable prices.Optimism continues to thrive within India’s farming community, fuelled by promising year-on-year gr...
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25 Years of Listing on NSE – Zydus Lifesciences Limited
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25 Years of Listing on NSE – Zydus Lifesciences Limited

Mumbai, May 2025.To commemorate the 25th year of the listing of Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.) on the National Stock Exchange of India (NSE), a bell ringing ceremony was organized at BKC, Mumbai on 2nd May 2025. On this occasion, senior management of Zydus Lifesciences, including Chairman, Mr. Pankaj R. Patel, Managing Director, Dr. Sharvil Patel, Executive Director, Mr. Ganesh Nayak and CFO, Mr. Nitin Parekh and other senior executives were present. The dignitaries from the NSE – MD and CEO, Mr. Ashish kumar Chauhan and Chief Business Development Officer, Mr. Sriram Krishnan graced the ceremony. Over the last 24 years, the Company's sales has grown from Rs. 478 crores to Rs. 19,022 crores, a CAGR of 17%, Operating profit has grown from Rs. 70 crores...
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Kotak Mahindra Bank Announces Results
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Kotak Mahindra Bank Announces Results

Mumbai, 3rdMay, 2025.The Board of Directors of Kotak Mahindra Bank (“the Bank”) approved the audited standalone and consolidated results for the quarterand financial year ended March 31, 2025, at the Board meeting held in Mumbai, today.Consolidated results at a glanceConsolidated PAT for FY25 increased to₹ 22,126 crore(including gain on divestment of KGI of ₹3,013 crore) from ₹ 18,213 crore in FY24, up 21% YoY. Consolidated PAT for FY25 excludinggain on divestment of KGI stood at ₹19,113 crore, up 5% YoY. Consolidated PAT for Q4FY25 stood at ₹ 4,933 crore(₹ 5,337 crore in Q4FY24).PAT of Bank and key subsidiaries given below:PAT (₹crore)Q4FY25Q4FY24FY25FY24Kotak Mahindra Bank3,5524,13316,450113,782Kotak Securities3483781,6401,226Kotak Mahindra Prime2972231,015888Kotak As...
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Hrithik & Rakesh Roshan on-screen together for the first time, taking drivers on an ‘Unforgettable Journey’ with the Mobil 1 brand
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Hrithik & Rakesh Roshan on-screen together for the first time, taking drivers on an ‘Unforgettable Journey’ with the Mobil 1 brand

New Delhi, May 2025.ExxonMobil Lubricants Pvt Ltd, an ExxonMobil affiliate in India that markets Mobil™ branded lubricants, today announced the launch of its new commercial as part of its ongoing ‘Unforgettable Journeys’ campaign, with the latest installment spotlighting Mobil 1™, the world’s leading synthetic engine oil brand. Featuring Bollywood icon Hrithik Roshan, the commercial draws a powerful synergy between Hrithik’s drive, India as a nation of dreamers and doers and the performance of Mobil 1™, all united by shared passion and the relentless pursuit of excellence.The latest commercial brings together Bollywood icon Hrithik Roshan and his father, Indian film producer and director, Rakesh Roshan, on-screen for the very first time. As Hrithik marks 25 years in the film indust...
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Toyota Kirloskar Motor Introduces Exclusive Edition of Innova HyCross with Elegant Design and 19Premium Features
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Toyota Kirloskar Motor Introduces Exclusive Edition of Innova HyCross with Elegant Design and 19Premium Features

Bangalore, 2nd May 2025.Staying true to its customer-first philosophy, Toyota Kirloskar Motor (TKM) today announced the launch of the Exclusive Edition of the InnovaHyCross available in the ZX(O) grade. Building upon the remarkable success of the InnovaHyCross, this new rendition offers distinguished styling and enhanced cabin experience with the below offerings:Dual Tone ExteriorBlack Elements RoofFront GrillRear GarnishAlloy WheelsHood EmblemFront Under RunFront Grill GarnishWheel Arc MouldingOutside Rear View Mirror (OVRM) GarnishExclusive BadgeRear Under RunRear Door Chrome Lid GarnishDual Tone InteriorInstrument PanelDoor FabricSeat MaterialCenter Console LidAir PurifierLeg Room LampWireless ChargerInn...
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