Tuesday, May 26

Business

Tata’s Ace Pro Brings Big Value for Small Businesses at ₹3.99 Lakh
Business

Tata’s Ace Pro Brings Big Value for Small Businesses at ₹3.99 Lakh

Tata Motors, India’s largest commercial vehicle manufacturer, creating a new milestone in cargo mobility with the launch of the all-new Tata Ace Pro, heralding a transformative era in small cargo mobility. With an unbeatable starting price of just Rs. 3.99 lakh, the Tata Ace Pro is India’s most affordable four-wheel mini truck, delivering exceptional efficiency, unmatched versatility, and superior value. Designed to empower a new wave of entrepreneurs, the Tata Ace Pro is available in Petrol, Bi-Fuel (CNG + Petrol), and Electric variants – providing customers with the flexibility to choose the ideal solution for their business needs. Customers can book their preferred Ace Pro variant at any of Tata Motors’ 1250 commercial vehicles sales touchpoints across the country or on Fleet Verse, Ta...
JSW Steel Q1 results: Net profit gain 158%, EBITDA rises 38%
Business, News

JSW Steel Q1 results: Net profit gain 158%, EBITDA rises 38%

JSW Steel, the country's second-largest steel producer, on Friday, July 18 reported a consolidated net profit of ₹2,184 crore in the first quarter of the current financial year, up 158% from ₹845 crore in the same period last year. This sharp jump in profits was driven by good capital expenditure by the government in the June quarter and strong domestic steel demand. JSW Steel's operating revenue grew 0.5% to ₹43,147 crore in the June quarter as against ₹42,943 crore in the same period a year ago. The Mumbai-based company reported strong operating performance as its earnings before interest, tax, depreciation and amortization (EBITDA), also known as operating profit, grew 38% to Rs 7,576 crore from Rs 5,510 crore. Its operating profit margin expanded 470 basis points (bps) to 17.56%...
Toyota Glanza’s safety and style upgrade signals strategic push in premium hatchback market
Business

Toyota Glanza’s safety and style upgrade signals strategic push in premium hatchback market

Toyota Kirloskar Motor (TKM) has announced a significant product update for its Glanza hatchback, aiming to consolidate its position in India’s competitive premium hatchback segment. The move comes at a time when consumer preferences are shifting toward vehicles offering enhanced safety and personalization. All variants of the Toyota Glanza will now feature six airbags as standard—an upgrade likely to appeal to safety-conscious urban buyers. Alongside this, TKM has rolled out a limited-time ‘Prestige Package’—available till July 31, 2025—which includes chrome-styled accessories, illuminated door sills, rear lamp garnishes, and a rear skid plate. These value additions are designed to increase buyer appeal without drastically impacting cost. The Glanza, powered by a 1.2-litre K-Series...
Zinc futures prices gain on high demand
Business, News

Zinc futures prices gain on high demand

New Delhi, Zinc prices rose by 5 paise to Rs 256.55 per kg in futures trade on Thursday amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contract for August delivery rose 5 paise or 0.02 percent to Rs 256.55 per kg in a business turnover of 1,531 lots. Zinc prices rose in futures trade as participants increased the size of their deals following a rise in demand from consumer industries, market sources said.
Crude oil prices gain on spot demand
Business, News

Crude oil prices gain on spot demand

New Delhi, Crude oil prices rose by Rs 9 to Rs 5,653 per barrel in futures trade on Wednesday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 9 or 0.16 percent to Rs 5,653 per barrel in a business of 9,125 lots. Analysts said crude oil prices rose in futures trade as participants increased their deals. Globally, West Texas Intermediate crude was trading 0.50 percent higher at $66.85 per barrel in New York, while Brent crude rose 0.28 percent to $68.90 per barrel.
Toyota expands Northeast presence with new dealership in Guwahati
Business

Toyota expands Northeast presence with new dealership in Guwahati

Toyota Kirloskar Motor (TKM) has strengthened its footprint in Northeast India with the launch of a new dealership, Gargya Toyota, in Guwahati. The facility, inaugurated today, aims to meet the rising demand for mobility solutions and enhance customer accessibility in the region. Located at GS Road, Dispur, the 5,100 sq. ft. 1S (sales) outlet will offer Toyota’s full product lineup, including the Innova Hycross, Fortuner, Hilux, Urban Cruiser Hyryder, Camry Hybrid, and Vellfire. The dealership also houses Toyota U-Trust, enabling buying, selling, and exchange of used vehicles. Speaking at the inauguration, Arun G Nair, VP & Chief Representative – East Region, TKM, said, “The Northeast holds immense market potential. This new facility brings us closer to our customers while ensur...
Silver futures prices lapse: Prices drop by Rs 256
Business, News

Silver futures prices lapse: Prices drop by Rs 256

New Delhi, Silver prices on Tuesday fell by Rs 256 to Rs 1,12,680 per kg as participants reduced their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery fell by Rs 256, or 0.23 percent, to Rs 1,12,680 per kg in a business turnover of 21,003 lots. Analysts said selling by participants at current levels in the market mainly influenced silver prices. Globally, silver was trading 0.53 percent higher at $38.33 an ounce in New York.
Slice Small Finance Bank’s Assam Footprint Expands: Jobs, Deposits, and Rural Banking
Business

Slice Small Finance Bank’s Assam Footprint Expands: Jobs, Deposits, and Rural Banking

slice small finance bank (slice SFB), headquartered in Assam, has reported a significant 20.7% increase in its deposit base across the state over the past year, alongside the creation of over 400 local jobs. This strong growth highlights the bank’s expanding footprint in Assam and the broader Northeast, bolstering financial inclusion and economic development in the region. The bank is opening new branches in Wokha (Nagaland), and Bawngkawn and Serchhip (Mizoram), while modernizing several branches across Assam to offer a digital-first, customer-friendly experience. Tailored especially for rural households, women-led ventures, and new digital users, these centres aim to bridge financial access gaps. Local entrepreneurs and MSMEs have benefited from easier credit access, faster disbur...
Aluminium futures prices gain on speculative trading
Business, News

Aluminium futures prices gain on speculative trading

New Delhi, Aluminium prices rose by 65 paise to Rs 249.95 per kg in futures trade on Monday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 65 paise, or 0.26 percent, to Rs 249.95 per kg in a business turnover of 1,290 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.
Screen Academy launch brings hope to aspiring filmmakers, opens doors beyond metro cities
Business

Screen Academy launch brings hope to aspiring filmmakers, opens doors beyond metro cities

The Indian Express Group, in collaboration with the Lodha Foundation, has launched Screen Academy — a not-for-profit initiative to support the dreams of young Indian filmmakers. Aimed at students with exceptional talent but limited financial means, the Academy will offer fully-funded postgraduate fellowships at top film schools including FTII Pune, SRFTI Kolkata, and Whistling Woods International Mumbai. With celebrated names like Guneet Monga, Payal Kapadia, and Resul Pookutty on board, the Academy promises not only financial aid but also mentorship, internships, and access to industry networks. The revival of the prestigious Screen Awards will also be managed by the Academy, ensuring credible recognition for artistic excellence. This initiative holds immense potential. With a grow...