Business

Global brokerage UBS has initiated coverage on Shaily Engineering Plastics, India’s leading exporter of high-precision engineered plastic components, with a ‘Buy’ rating and a target price of ₹4,000, indicating a potential upside of 60% from the current market price. UBS highlighted Shaily’s unique patented technology for fixed-dose and auto-injector pens, positioning it strongly for the upcoming launch of generic GLP-1 therapies. With the GLP-1 (semaglutide) patent expiring in 2026 across India, Canada, and Brazil, UBS estimates a combined market of 550–600 million devices, translating to ₹80–85 billion in revenue by 2030. Shaily has already secured 23–24 clients for the GLP-1 launch, supporting UBS’s projection of a 96% revenue CAGR for its healthcare segment between FY25–28. High en...

Blenders Pride Fashion Tour has ushered in ‘The Futureverse of Fashion’ at its Gurugram edition, with a groundbreaking exploration of how technology, design, and immersive storytelling are reimagining the very experience of fashion. Taking a leap from this year’s theme of defining Fashion’s Next Move, this edition presented an incredibly immersive visual spectacle that took haute couture beyond fabric and form into the digital era of AI, code & interaction. The showcase led with the creative forces of designer Falguni and Shane Peacock, alongside the Fashion Tour’s long-standing collaboration with Fashion Design Council of India (FDCI). The ‘Futureverse of Fashion’ elevated this desire into an immersive universe, where the runway became a living canvas of fashion. From Tamannaah Bh...

Swiggy has highlighted the success of its partnership with Sulabh International and its in-app feature that allows delivery partners to easily locate nearby Sulabh sanitation facilities across 7 key cities in the country, underscoring the company’s commitment to providing dignified sanitation support on the road. In March 2025, Swiggy partnered with Sulabh International to provide free access to Sulabh Shauchalayas (public toilets) for its delivery partners in Delhi NCR, Mumbai, Thane, Pune, Hyderabad, Bengaluru, and Chennai, discoverable through an in-app feature. This initiative is a tangible step towards providing dignified sanitation options for its delivery personnel and enhancing the overall working environment for its partners across the country. This access offers improved sani...

Google has revealed the top apps and games on the Play Store in India for 2025, highlighting titles that resonated with users through strong local and cultural relevance as well as the integration of artificial intelligence. In a blog post, the company noted that these successes reflect the growing sophistication and depth of India’s developer ecosystem. Among apps, Zomato’s District: Movies Events Dining was named the best app of the year. Toonsutra: Webtoon & Manga App was recognized as the best hidden gem, while Daily Planner: To Do List Task earned the title of best everyday essential. Google reported that 69% of Indian users first experienced AI through an Android app, a trend seen across multiple categories. For instance, invideo AI: AI Video Generator won Best App for Person...

Equity benchmarks reversed early declines on Tuesday, staging a strong rebound by midday on the weekly derivatives expiry. The Sensex, which had dropped 392.59 points to an intraday low of 84,558.36, recovered more than 300 points to trade at 84,865.41 around 1:30 p.m. The Nifty also slipped below 25,900 in the morning, touching 25,877.10, before bouncing back to 25,972.60. Key drivers of the recovery included: Value buying: Investors stepped in after the initial fall, particularly in banking and financial stocks, helping lift the indices. FII inflows: Foreign Institutional Investors purchased ₹442.17 crore worth of equities on Monday after five sessions of selling, improving sentiment. Shift away from AI-heavy trades: As the global AI rally cools, funds are rotating into bro...

Bajaj General Insurance Limited (formerly known as Bajaj Allianz General Insurance Company Limited), one of India’s leading private general insurers, has successfully uncovered an INR 25 crore motor accident insurance fraud based on a fabricated third-party compensation claim. The fraud was orchestrated through a false FIR and misleading documentation submitted to the Motor Accident Claims Tribunal (MACT), Bhuj. The case originated from an FIR registered at Sanand Police Station under the Indian Penal Code and the Motor Vehicles Act. The complaint was filed by the alleged driver, who claimed that he was driving a Mahindra Xylo when a dog suddenly appeared on the road, causing the vehicle to overturn. He alleged that the co-driver, seated beside him, sustained fatal injuries and was declar...

Apple’s newest limited-edition accessory triggered scenes more reminiscent of a designer fashion release than a traditional tech unveiling. Early Friday morning, large groups gathered outside Apple’s SoHo store in New York to get their hands on the iPhone Pocket, a wearable pouch priced between $150 and $230 and created in partnership with Japanese fashion label Issey Miyake. Both the in-store and online inventories disappeared almost immediately, fueling the hype. The iPhone Pocket stands out because it merges fashion with function. Crafted from Miyake’s distinctive 3D-knit fabric and offered in both short and long variants, the accessory reflects the brand’s design philosophy. Miyake’s historical link to Steve Jobs—whose black turtleneck became iconic—adds another layer of allure. Fo...

Reliance Industries Ltd's Human Resources chief, Ira Bindra, has been recognized as one of the world's top Chief Human Resources Officers (CHROs) in the 2025 Leaders40 Top CHRO Award by N2Growth, marking Reliance as the sole Indian company on the list. This year features other prominent CHROs like Lisa Buckingham (Vialto Partners) and Matthew Breitfelder (Apollo Global Management). Bindra is also noted as the first Indian woman executive from an Indian firm to receive this distinction. Ira is a distinguished global leader in Human Resources and business transformation, recently ranked 28th. With over twenty years of experience, she has successfully driven growth and organizational excellence across Fortune 100 companies and various industries. As President - People & Talent at Reli...