Wednesday, February 4

Business

Toyota Kirloskar Motor pushes for gender diversity in auto industry
Business

Toyota Kirloskar Motor pushes for gender diversity in auto industry

Toyota Kirloskar Motor (TKM) marked International Women’s Day with a strong commitment to gender diversity and inclusion, reinforcing its goal of achieving 30% female representation by 2030. The company hosted a special event at its Bidadi facility, celebrating the contributions of over 500 women employees through leadership discussions, cultural programs, and recognition ceremonies. Aligned with this year’s theme, #AccelerateAction, TKM continues to enhance workplace inclusivity with initiatives focused on skilling, infrastructure development, and ecosystem transformation. The Toyota Technical Training Institute (TTTI) now reserves 50% of its 1,200 annual intakes for women, ensuring broader opportunities in the automotive sector. Additionally, TKM’s Women’s Marathon Team secured 10th ...
Sensodyne’s record-breaking initiative signals growth in India’s oral care market
Business

Sensodyne’s record-breaking initiative signals growth in India’s oral care market

Sensodyne, a leading oral care brand from Haleon, has set a GUINNESS WORLD RECORD™ for the most online dental screening tests completed in 24 hours. Conducted at MahaKumbh 2025, the record-breaking initiative saw 27,396 individuals undergoing dental check-ups in a single day, marking a significant step in promoting proactive oral care in India. The screenings were facilitated by over 30 Indian Dental Association (IDA) dentists and a dedicated team of 200+ promoters, leveraging mobile technology in collaboration with A Dental Friend and Smilo. The event also marked the launch of Sensodyne’s ₹20 small toothpaste pack, aimed at making sensitivity protection more affordable and accessible. Speaking on the initiative, Kishlay Seth, Category Lead – Oral Health, Haleon India Subcontinent, sai...
Oriflame unveils Wellosophy Skincare, strengthens holistic wellbeing portfolio
Business

Oriflame unveils Wellosophy Skincare, strengthens holistic wellbeing portfolio

Oriflame, the Swedish holistic wellbeing brand, has announced the launch of Wellosophy Skincare, a seven-piece collection designed to complement its existing range of nutritional supplements. This strategic expansion reinforces Oriflame’s commitment to an inside-out approach to beauty and wellness, addressing the growing consumer demand for holistic self-care solutions. The new Wellosophy Skincare line is powered by eight adaptogenic ingredients, including Ashwagandha from India and Siberian Ginseng, helping to combat oxidative stress, which affects 9 in 10 women worldwide. The formulations are 97% natural, biodegradable, and certified by The Vegan Society™, free from parabens, mineral oils, SLS, and SLES. The range includes a cleanser, serum, face cream, eye balm, face mist, sleep eli...
Polycab India shares upsurge over 3% as Morgan Stanley expects 52% upside
Business, News

Polycab India shares upsurge over 3% as Morgan Stanley expects 52% upside

Polycab India shares rose 3.5 percent to Rs 5,078 at noon on March 05 after Morgan Stanley projected a nearly 52 percent upside in the stock. The brokerage assigned an "highweight" rating with a price target of Rs 7,395 per share, citing strong demand in the cables and wires segment. According to Morgan Stanley, Polycab's recent roadshows show that demand has picked up during the fourth quarter and exports have gained positive momentum. The company expects exports to contribute over 10 percent of its revenues over the next five years, aided by the US imposing import duties on competitors such as China and Mexico. The brokerage expects limited disruption in the industry over the next four to five years despite the recent entry of UltraTech Cement into the segment. Scaling the cable b...
Gold futures prices upgrade due to spot demand
Business, News

Gold futures prices upgrade due to spot demand

New Delhi, March 5: Gold prices on Wednesday rose by Rs 44 to Rs 86,070 per 10 gram in futures trade as speculators created fresh deals amid strong spot demand.Gold contracts for April delivery rose by Rs 44, or 0.05 per cent, to Rs 86,070 per 10 gram on the Multi Commodity Exchange in a business turnover of 14,715 lots.Analysts said fresh buying by participants led to the rise in gold prices.Globally, gold futures rose 0.20 per cent to USD 2,926.40 an ounce in New York.
Royal Stag BoomBox expands India’s live music economy with grand Guwahati kickoff
Business

Royal Stag BoomBox expands India’s live music economy with grand Guwahati kickoff

The third edition of Royal Stag BoomBox – The Original Sound of Generation Large commenced in Guwahati’s Saru Sajai Stadium Complex on March 1, marking a significant boost for India’s live entertainment industry. Combining Bollywood melodies with hip-hop beats, the event drew thousands, reinforcing the growing demand for experiential music festivals in the country. With power-packed performances by DJ Yogii, rapper Ikka, singer Nikhita Gandhi, and a grand finale by Armaan Malik, the festival created an immersive cultural experience. Beyond music, curated food zones, interactive gaming, and art installations contributed to the economic footprint of the event, benefiting local businesses, tourism, and hospitality sectors. Kartik Mohindra, Chief Marketing Officer, Pernod Ricard India, ...
Tata Motors, Tata Investments shares upsurge to 3% amid reports that Tata Capital is eyeing $11 billion valuation
Business, News

Tata Motors, Tata Investments shares upsurge to 3% amid reports that Tata Capital is eyeing $11 billion valuation

Shares of Tata Motors and Tata Investments rose up to 3 per cent on March 4, amid reports that Tata Capital, the financial services arm of the Tata Group, is eyeing a valuation of $11 billion for its upcoming public offering. While Tata Motors holds about 4 per cent stake in Tata Capital, Tata Investments holds about 2 per cent equity, which means a higher valuation for the company would bode well for the other two Tata Group companies. Meanwhile, Tata Investments (TICL) also acts as the investment arm of the Tata Group, holding stakes in several Tata companies. Hence, any major development at the group level, such as Tata Capital's IPO, boosts TICL's prospects, as it benefits indirectly from the rising valuation of its portfolio companies. In this sense, shares of Tata Investmen...
GST collections upsurge 9% to ₹1.84 lakh crore; experts say it is a sign of economic revival
Business, News

GST collections upsurge 9% to ₹1.84 lakh crore; experts say it is a sign of economic revival

Gross GST collections rose 9.1% to around ₹1.84 lakh crore in February, boosted by domestic consumption and indicating a possible economic revival. On a gross basis, ₹35,204 crore came from Central GST, ₹43,704 crore from State GST, ₹90,870 crore from Integrated GST and ₹13,868 crore from compensation cess, according to official data released on Saturday. GST revenue from domestic transactions rose 10.2% to ₹1.42 lakh crore during February, while that from imports rose 5.4% to ₹41,702 crore. Total refunds issued during February were ₹20,889 crore, up 17.3% compared to the year-ago period. Net GST collections during February 2025 grew 8.1% to nearly ₹1.63 lakh crore. Gross and net GST revenues in February 2024 were ₹1.68 lakh crore and ₹1.50 lakh crore, respectively. Gross GST ...
IndiGo shares rose as market share rises in January
Business, News

IndiGo shares rose as market share rises in January

IndiGo share price: Shares of InterGlobe Aviation, the country's largest airline operator, rose 1.78% to hit an intraday high of ₹4,520, amid weak market conditions as the company further consolidated its dominance in the Indian skies. The company's market share in the aviation market rose to 65.2% in January from 64.4% in the previous month. IndiGo also recorded the highest on time performance (OTP) at 75.5%, while Akasa Air's was at 71.5% in January, data from the Directorate General of Civil Aviation showed. Meanwhile, domestic air traffic in January grew 11.28% from a year earlier to 14.6 million, according to official data. Akasa Air and SpiceJet's market share increased by 4.7% and 3.2%, respectively. The number of passengers carried by domestic airlines during January 2...
HDFC Life unveils Click 2 Achieve Par Advantage to boost financial security
Business

HDFC Life unveils Click 2 Achieve Par Advantage to boost financial security

HDFC Life, one of India’s leading life insurers, has launched HDFC Life Click 2 Achieve Par Advantage, a participating life insurance plan designed to help individuals meet financial milestones with liquidity, flexibility, and long-term security. The plan offers key features such as Policy Continuance Benefit (PCB), which waives future premiums while continuing benefits for nominees in case of the policyholder’s demise. It also provides a customizable Death Benefit Multiple (5x, 7x, or 11x) and a Paid-Up Addition option, allowing customers to convert cash bonuses into encashable benefits. Additionally, it includes life coverage for spouses and tax benefits under applicable laws. Commenting on the launch, Aneesh Khanna, Head of Products & Segments, HDFC Life, stated, “This produc...