Taneira Announces First-Ever 40% Off On Sarees – Building On The Momentum Of Its ~30% Growth In FY25

* Explore a wide array of ethnic wear products at an unmatched value

Taneira, a TATA product, has recorded a ~30% growth in FY25 and has had an impressive start to FY26 driven by strong wedding shopping sentiment, which continues to drive its upward growth trend. Continuing this trajectory, the brand has launched its first-ever nationwide sale, offering up to 40% off on a wide range of products across categories, including sarees, ready-to-wear ensembles, unstitched kurta sets, and festive lehengas — all crafted from pure and natural fabrics.

With a strong nationwide network of 80 stores across 41 cities, Taneira is further strengthening its position as the go-to ethnic wear destination. With the onset of the festive season, that is much earlier, the Sale is intended to announce the start of the season and give consumers an opportunity to stock up on pure and authentic range of products, set apart by the distinctive design differentiation that Taneira offers.

Speaking on the occasion, Somprabh Kumar Singh Chief Sales and Marketing Officer, said, “This is the first time we’re offering discounts across such a wide range, with products available at up to 40% off. The offer is just an added benefit along with experiencing the richness and purity that Taneira stands for. With a wide variety of authentically sourced handcrafted products and our promise of purity and quality in every piece, we aim to make this experience truly special for our discerning clientele.”

From Banarasis, Kanjeevarams, Jamdanis to the Tussars, the brand’s offerings are a tribute to the artisans who preserve India’s weaving legacies. Each Taneira store is designed as a haven for saree lovers, housing wedding zones, festive edit corners, and everyday essentials under one roof. Customers can also browse an impressive selection of other weaving clusters such as pure Silk, Cotton Ikat, Kota Doria, Chanderis and Maheshwaris, South Silks, Sambalpuri, and Vegan collections. Committed to quality, Taneira proudly offers Certification for Pure Zari Kanjeevarams as a mark of genuine craftsmanship, ensuring every piece celebrates India’s rich textile heritage.

Customers can avail the offer at Taneira Showroom – Doddakanelli, HSR Layout, Kammanahalli, Mall Of Asia, Banashankari, Phoenix Market City, Orion Mall, Jayanagar, Indiranagar, Malleshwaram – Bengaluru.

HDFC Life Simplifies Claim Submission Process For Families Affected By Ahmedabad Tragedy

In order to provide prompt assistance to families impacted by the recent airplane tragedy in Ahmedabad, HDFC Life, one of India’s leading life insurers, has simplified its claim submission process.

A claim can be initiated by nominees/ legal heirs of policyholders by simply providing proof of death issued by the Local Government, Police or Hospitals.

In case of queries or any further assistance required, HDFC Life can be reached via the below touch points:

Dedicated Claim Helpline: 022-68446529

Dedicated Nodal Officer: +91 9558821980

Call Centre Number: 022-68446530        

WhatsApp: +91 8291890569

Email: service@hdfclife.com

In case claimants choose to visit any of HDFC Life’s branch offices, they can click the below link for the nearest branch location. HDFC Life’s local branch staff, across all locations, will prioritise on-ground assistance and support for claimants.

https://www.hdfclife.com/contact-us#BranchLocator

Sameer Yogishwar – Chief Operating Officer, HDFC Life expressed his thoughts, “We extend our heartfelt condolences to all families who have lost their loved ones in this tragedy. In this hour of sorrow, we are committed to stand by our policyholders and their families. Every query related to this will be treated with utmost priority. We will do our best to support families that have been impacted, by ensuring a smooth and simplified claim process.”

About HDFC Life

Established in 2000, HDFC Life Insurance Company Limited (‘HDFC Life’ or the ‘Company’) is a leading provider of long-term life insurance solutions in India. It offers a broad range of individual and group plans across the Protection, Pension, Savings, Investment, Annuity, and Health categories, with a portfolio of products and optional riders designed to meet the diverse needs of its customers.

HDFC Life is a subsidiary of HDFC Bank Limited, one of India’s leading private banks. The Company has a nationwide presence, operating through its own branches and a network of over 300 distribution partners, including banks, NBFCs, MFIs, SFBs, brokers, and emerging ecosystem partners. HDFC Life also maintains a strong base of financial consultants.

Recognised as a great place to work, HDFC Life is deeply committed to governance and sustainability, ensuring responsible business practices that align with its long-term objectives.

For more information, visit www.hdfclife.com or follow us on Facebook, X (formerly Twitter), YouTube, and LinkedIn.

Vedanta Sesa Goa In Collaboration With TACO & AAF Inaugurates ‘First Of Its ind’ Cow Shelter In Chitradurga

Demonstrating commitment towards animal welfare and sustainable community development, Vedanta Sesa Goa – Iron Ore Karnataka (IOK), in collaboration with The Animal Care Organization (TACO) under the aegis of the Anil Agarwal Foundation (AAF) & Yadava Matha, inaugurated a cow shelter in Chitradurga. The shelter provides for a safe & secure space along with facilities for cattle feeding & sanitation arrangements. The initiative reflects Vedanta’s commitment to building a sustainable and scalable ecosystem for animal well-being, rooted in the principles of ‘One Health’

The inauguration ceremony was graced by Sri. Jagadguru Krishnayadava Swamy ji as the Chief Guest, Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency, along with P. Narayan, Head Corporate Affairs, Ravi Bisaguppi, Head CSR ER, Vedanta IOK and Dr. Princy John, Head, TACO.

Chief Guest, Sri. Jagadguru Krishnayadava Swamy ji addressed the audience saying, “Vedanta Sesa Goa, in collaboration with TACO & Anil Agarwal Foundation has set up a cow shelter in Chitradurga, which will provide shelter to many stray animals, especially cattle. I pray that this shelter flourishes and continues to serve its noble purpose. This initiative by Vedanta is truly commendable, and I hope they expand it further across more locations. May God bless this company abundantly for undertaking such a great initiative.” 

Marking the occasion, the Guest of Honour - Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency said, “Today, we have inaugurated the Cow shelter at Sri Yadava Matha, Chitradurga, an initiative by Vedanta Sesa Goa-IOK in collaboration with TACO & Anil Agarwal Foundation. The CSR initiative would greatly benefit the people of Chitradurga. This cow shelter is a sanctuary of compassion, sustainability, and community spirit. It reflects our shared responsibility to protect and preserve our cultural and ecological heritage.”

Shrishaila Gouda, CEO, Vedanta IOK, stated, “This cow shelter is more than just a sanctuary for animals—it is a symbol of our commitment to holistic development. TACO, a groundbreaking project for animal welfare under the aegis of the Anil Agarwal Foundation, offers top-notch infrastructure, veterinary care, training centres, and animal shelters to help heal and safeguard animals. By integrating animal welfare with community upliftment, we are creating a model that benefits both people and the planet.” The shelter is designed to provide rescue and rehabilitation for abandoned and injured cattle.

The establishment of the cow shelter recognizes the interconnected health of animals, people, and the environment. This initiative builds on TACO’s extensive efforts across India, including projects in Haryana, Rajasthan, and Assam, focusing on sterilization, vaccination, wildlife conservation, and establishing shelters and veterinary care programs.

The initiative aligns with TACO’s six foundational pillars: Shelter, Hospital, Academy, Wildlife Conservation, Disaster Relief, and Sectoral Development, and aims to empower local communities, promoting awareness about animal health and welfare & supporting livelihoods through sustainable cattle care practices. The shelter will also serve as a hub for community engagement, offering training and employment opportunities, and promoting eco-friendly practices such as biogas generation and solar-powered infrastructure.

With its focus on advanced animal healthcare, training, and community integration, the Chitradurga cow shelter stands as a beacon of hope and humanity in the realm of animal welfare.

Decimal Point Partners With Braincube To Accelerate Entry Into The Manufacturing Sector

* Strategic collaboration brings AI-powered productivity management to manufacturers in India and the Middle East

Decimal Point Analytics, a leading AI-powered enterprise data solutions company, today announced a strategic partnership with Braincube, a productivity management system designed specifically for manufacturers. This collaboration aims to empower industrial companies in India and the Middle East to unlock hidden potential in their operations, driving cost savings, increased revenues, and improved operational efficiency.

This partnership blends Braincube’s deep domain expertise in manufacturing with Decimal Point’s ability to deploy scalable, data-driven technology solutions. By introducing Braincube’s Productivity Management System to these key markets, Decimal Point will help customers:

Drive enterprise-wide agility: Braincube’s PMS enables manufacturers to leverage existing industrial data more effectively, allowing businesses to quickly adapt to change without the need for large-scale system overhauls.

Unlock untapped potential: By incorporating AI and multivariate analysis, Braincube empowers teams to uncover the root causes of inefficiencies, revealing hidden opportunities across production lines.

Operationalise AI at scale: Braincube makes it easy to deploy AI across operations without the need for a dedicated data science team, making it an ideal solution for manufacturers seeking modernization with minimal disruption.

“Our partnership with Braincube marks a pivotal moment in Decimal Point’s expansion into manufacturing,” said Shailesh Dhuri, Chief Operating Officer at Decimal Point. “We are thrilled to introduce a solution that allows manufacturers in India and the Middle East to address longstanding challenges by maximising the value of their data. Braincube’s unique approach to operational agility and AI-driven productivity aligns perfectly with our commitment to delivering value through technology.”

“We’re excited to partner with Decimal Point as they expand into the manufacturing sector,” said Laurent Laporte, CEO of Braincube. “Through Braincube’s PMS, we’ve helped manufacturers worldwide drive operational efficiency and achieve measurable productivity gains. Decimal Point’s innovative approach and deep market insights make them the perfect partner to extend our proven technology into new regions.”

About Decimal Point Analytics

Decimal Point Analytics is a leading global provider of AI-powered data analytics, offering enterprises intelligent automation and predictive insights to drive faster, smarter decisions. We excel in financial analytics, AI-led decision support, and digital transformation, helping clients streamline operations, enhance risk oversight, and achieve sustainable growth.

Our expert teams deliver scalable, domain-specific analytics across sectors including financial services, healthcare, consumer packaged goods (CPG), and more. Headquartered in India with established hubs across North America, Europe, and the Middle East, we harness data-led innovation to transform business landscapes.

Our pursuit of innovation and excellence has earned us industry-wide recognition. Decimal Point Analytics has been featured in Dun & Bradstreet’s Leading SMEs of India (2022 & 2024), named ISV of the Year by Oracle, and awarded Indian SME of the Year by IFCCI. We’ve also been recognized for Excellence in Innovation by ET Edge, listed among Top 10 Finance Brands by CEO Insights, and honored for our ESG and AI solutions at the Canadian RegTech Awards, Aegis Graham Bell Awards, and the MarkTech Hackathon by IFSCA.

For more information, visit www.decimalpointanalytics.com.

About Braincube

Braincube is the world’s leading Productivity Management System designed to help manufacturers achieve total productivity. By seamlessly integrating AI and analytics into manufacturing operations, Braincube helps teams drive continuous improvement, eliminate waste, and make smarter decisions at scale. For more information, visit www.braincube.com.

Star Union Dai-ichi Life Insurance Has Partnered ith Policybazaar To Offer SUD Life NIFTY Alpha 50 Index Pension Fund

Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has partnered with Policybazaar to offer SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. This innovative fund is set to empower customers by offering a strategic avenue for long-term wealth creation, aiming to deliver superior returns that can significantly bolster their retirement savings and help build a more resilient financial future.

SUD Life NIFTY Alpha 50 Index Pension Fund brings a focused approach to long-term wealth creation by investing in 50 high-performing stocks selected from the Top 300 companies. The fund strategically diversifies across a spectrum of vital and high-growth sectors, including Financial Services, Consumer Goods, Capital Goods & Infrastructure, Healthcare, Technology, Oil, Metals & Mining, Automobiles & Ancillaries, and Construction & Realty. To stay aligned with dynamic market opportunities, the portfolio undergoes a strategic refresh every quarter, ensuring consistent relevance and optimal performance.

SUD Life's Fund tracks the benchmark "NIFTY Alpha 50 Index" which boasts a proven track record, having demonstrated strong performance over its 12-year market presence. Notably, a benchmark has achieved a 5-year CAGR return of ~ 33.29% (as on 30/04/2025) showcasing its ability to generate substantial value. By combining strategic sector allocation with rigorous stock selection, SUD Life's fund offers investors a powerful channel to build a robust retirement corpus while actively participating in India's market growth story.

Commenting on the launch, Abhay Tewari, MD & CEO of Star Union Dai-ichi Life Insurance Company Limited, said, "With the SUD Life NIFTY Alpha 50 Index Pension Fund, we are introducing a strategic asset for our customers. This fund is a direct reflection of our commitment to providing high-performance investment pathways specifically designed for long-term retirement planning. We are confident it will serve as a powerful tool, empowering our customers to forge a resilient financial future."

This fund will now be available to Policybazaar customers, marking a unique collaboration that highlights both the organizations’ commitment to delivering value-driven, innovative financial solutions.

Vivek Jain, Chief Business Officer of Life Insurance at Policybazaar, says, “In India, retirement planning is often seen as a balancing act between cautious savings and the hope of market-linked growth. With evolving aspirations and economic shifts, there’s a rising demand for smarter, more dynamic solutions. Recognising this need, Policybazaar has partnered with SUD Life to offer the SUD Life NIFTY Alpha 50 Index Pension Fund, a new, high-potential equity fund designed for its ULIP Pension product, SUD Life Pension Plus. It's a first-of-its-kind equity fund designed to utilise India’s high-growth sectors while prioritizing long-term stability. We’re empowering customers to build a retirement corpus that’s not just secure but also aligned with the momentum of India’s thriving economy.”

Johnson Controls Heat Pumps: Boosting Customer Success By Driving Down Costs And Carbon

* In 2024, Johnson Controls heat pumps cut customers’ annual heating costs 53% while reducing emissions by 60%

Johnson Controls commercial heat pumps are delivering competitive advantage to customers and partners across all industries – from global industrial and manufacturing organizations to hospitals, local municipalities, and utilities – while having a positive impact on the environment. The results are significant: In 2024, Johnson Controls helped cut customers’ expenses by 53% and reduce emissions by 60% compared to conventional natural gas boilers.  

“In this dynamic world, we are working in true partnership with our customers to deliver on multiple key priorities. Our state-of-the-art heat pumps ensure uptime, runtime and reliability. At the same time, cash is being conserved for growth as heating costs are cut by more than half, providing a significant competitive advantage,” said Johnson Controls Vice President and Chief Sustainability and External Relations Officer Katie McGinty. “Achieving these outcomes while also accelerating climate action is just the kind of all-in partnership that our customers are calling for. We are honored to join with them in making the vision a reality today.”

According to the European Heat Pump Association, more than 60% of the energy used by European industries is for heat. Similarly, the American Council for an Energy-Efficient Economy estimates that heat pumps could replace up to 80% of industrial boilers in the U.S. by 2050. Both estimates indicate that heat pump-driven electric systems have immense potential to drive energy security, affordability and sustainability. 

The transformative impact of heat pumps on communities and businesses globally is demonstrated through several Johnson Controls projects across the world. For example, a leading food company in Spain saved €1.5 million annually and reduced CO2 emissions by nearly 2,000 tons—the equivalent of the annual emissions of around 400 homes—by installing heat pumps at two manufacturing facilities. In Germany, a hospital utilized a heat pump to tap heat energy 200 meters below the facility, resulting in a 30% reduction in energy costs and producing enough heat to cover 80% of the hospital’s demand, while Children’s Hospital of Alabama in the U.S. put heat pumps and OpenBlue digital solutions to work to reduce natural gas needs by 69% and annual energy costs by $680,000. Starting in 2026, four large-scale heat pumps in Hamburg, Germany, will extract heat from treated wastewater and feed it into the central district heating network, heating around 39,000 homes. And in the U.K., Hounslow Council transitioned from gas boilers to Johnson Controls air source heat pumps, cutting energy costs and CO2 emissions by 50% across more than 60 schools and public buildings. 

Johnson Controls was among the first providers of heat pumps and today offers one of the world’s most comprehensive portfolios for commercial, institutional and industrial organizations. Johnson Controls is helping to lead the transition to more sustainable refrigerants as well, offering heat pumps that use low and ultra-low global warming potential fluids.

Recent innovations include the 400-ton YORK® CYK Water-to-Water Compound Centrifugal Heat Pump, which meets high-temperature requirements of up to 180°F and is up to four times more efficient than traditional boiler and chiller combinations, reducing energy consumption and operational costs. Similarly, the YORK® YMAE modular air-to-water heat pump provides hot water up to 140°F and ensures reliable heating even in harsh winter conditions, making it a versatile and resilient solution for various climates. In Asia, two new heat pumps were recently launched—the YORK ® HPS-H 200 Screw High-Speed VSD Permanent Magnet High Temperature Heat Pump and the YORK Next-Generation YSPA-V Air Source VSD Screw Heat Pump, which provide efficient, energy-saving and low-carbon solutions for various industries. 

To learn more about efficient and cost-saving heat pump solutions, visit the Johnson Controls website.

About Johnson Controls: 

At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.  

Building on a proud history of 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.  

Today, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.  

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms. 

Kancheepuram Varamahalakshmi Silks Opens Its New Showroom In Davanagere, Karnataka

* It’s 69th showroom of the company and 5th showroom in Karnataka

Sai Silks Kalamandir Ltd (SSKL), one of India’s leading ethnic wear retailers, has launched its 69th showroom under the Kancheepuram Varamahalakshmi Silks format in Davanagere, Karnataka. The grand inauguration was graced by Sri Sri Nalvadi Shantalinga Shivacharya Swamiji on June 13.

Kancheepuram Varamahalakshmi Silks is renowned for its premium-quality silk sarees at the lowest prices in the market. With its own exclusive looms and in-house designs, the brand ensures direct sourcing and cost efficiency, offering unmatched value to customers. Its extensive collection features Kancheepuram Silk Sarees, Banarasi, Patola, Kota, Paithani, Organza, Kuppadam, Ikkat, Bandhani, and many more – catering to weddings, festive occasions, and everyday elegance.

Speaking on the occasion, Durgarao Chalavadi, Director, Sai Silks Kalamandir Ltd, said, "We are excited to bring the legacy of Kancheepuram Varamahalakshmi Silks to Davanagere with our 69th showroom. Our commitment is to provide customers with the best Price, premium Quality, and widest Range (PQR) of ethnic sarees at the most competitive prices. With a strong presence in Karnataka, we aim to redefine the saree shopping experience by offering the best of traditional and contemporary weaves at unbeatable prices."

To strengthen its foothold in Karnataka, SSKL is also investing in a state-of-the-art warehousing facility to support its growing retail network. The brand continues to expand aggressively in South India, which accounts for 50% of saree sales in India, reinforcing its position as a market leader in ethnic wear. 

HRX Expands Fitness Offerings With Launch Of Oat Milk Protein Shakes

HRX, fitness and lifestyle brand, has entered the nutrition space with the launch of its new plant-based Oat Milk Protein Shakes. HRX’s first product in the range, is now available on Curefoods partner cloud kitchens on Swiggy and Zomato, Amazon, Swiggy Instamart, and across HRX’s online & offline retail outlets nationwide.

HRX’s Oat Milk Protein Shake is a 100% dairy-free and lactose-free beverage, specially crafted for today’s health-conscious and active individuals. Using oat milk as its base, this plant-powered shake delivers 25g of protein per 200ml serving, making it a clean and effective option for daily protein intake. It contains no processed sugar, making it an ideal choice for those seeking a natural, nutritious boost.

In addition to its high protein content, the shake offers solid nutritional value per 100ml: 12.52g of protein (25.04% of the Recommended Dietary Allowance), 120mg of calcium (12% RDA), 415mg of sodium (20.75% RDA), and 114.54 kcal of energy. These benefits make it not only a convenient post-workout option but also an addition to a balanced, active lifestyle.

The product packaged in a glass bottle is enhancing nutrient retention and reducing plastic waste. With the brand’s core fitness mantra, HRX is redefining what it means to live well and fuel better.

Ankit Nagori, Curefoods, said, “The HRX Protein Shake reflects our commitment to creating convenient, clean-label nutrition that fits today’s active lifestyles. With 25g of plant-based protein and no processed sugar, it offers a practical and wholesome option for those looking to refuel on the go. It’s a product born from the growing demand for accessible, dairy-free, and performance-driven nutrition.”

HRX plans to expand the range with Vanilla (25g), Cold Coffee (18g), and a lighter Chocolate (18g) protein shake. All upcoming products will continue to follow the brand’s commitment to plant protein, oat milk, and natural sweeteners.

About Curefoods: 

Curefoods is a Bangalore-based house of food and beverages brands, founded by Ankit Nagori in 2020. It houses brands like Kitchens of EatFit, CakeZone, Nomad Pizza, Sharief Bhai, Olio Pizza, Frozen Bottle, Krispy Kreme, Arambam, and many more. Additional information on Curefoods is available at https://curefoods.in. 

SMEs Are The Quiet Force Behind Karnataka’s Big Business Boom – Kotak

In Karnataka’s thriving business landscape, a quiet force is driving the state’s economic ascent. Small and Medium Enterprises (SMEs), once considered peripheral players, are now at the centre of the state’s industrial and technological boom. From aerospace to electric vehicles, semiconductors to green manufacturing, SMEs are no longer just supporting actors—they’re powering the main stage.

These enterprises have undergone a remarkable transformation, evolving from traditional setups into digitally empowered, growth-oriented businesses. At the heart of this shift is a new wave of digital banking solutions tailored to their needs. Platforms like Kotak Mahindra Bank’s Kotak fyn are enabling SMEs to operate with agility, precision, and scale. Offering paperless trade finance, seamless collections and payments, and AI-driven analytics, Kotak fyn is helping SMEs manage working capital and unlock new growth opportunities.

“Karnataka’s entrepreneurs are bold, visionary, and digitally fluent,” says Shekhar Bhandari, President – Small and Medium Enterprises at Kotak Mahindra Bank. “They’re not just keeping up—they’re leading. Our Kotak fyn platform is designed to support that ambition, offering universal access across mobile, web, and APIs. It’s intuitive, integrated, and built ‘For Your Needs’.”

This financial empowerment enables SMEs to tap into high-growth sectors and become strategic collaborators in Karnataka’s industrial ecosystem. With over 21.25 lakh registered MSMEs, the state is a powerhouse of entrepreneurial energy—driving innovation, employment, and exports.

Kotak Mahindra Bank is expanding its footprint across key hubs like Bengaluru, Mysuru, and Hubballi-Dharwad, reinforcing its commitment to SME growth. By investing in digital infrastructure and customer-centric platforms, the bank is helping SMEs become more resilient, productive, and globally competitive.

As Karnataka continues to attract global investments and scale new industrial heights, its SMEs are quietly but powerfully shaping the future. Their rise is a testament to what’s possible when ambition meets the right support—and Kotak is proud to be part of that journey.

Capri Global Capital Limited Successfully Raises Rs 2,000 Crores Through Qualified Institutions Placement

* Offering receives overwhelming response from investors – a testimony to robust financial performance, positive outlook, and the strong growth potential of the company

Capri Global Capital Limited (“Capri Loans”), a non-banking financial company, announced the successful completion of its Qualified Institutions Placement (“QIP”), raising primary equity capital of Rs 2,000 crores by issuing approx 136.5m shares to Qualified Institutional Buyers in compliance with SEBI ICDR Regulations. The QIP Committee authorised by the Board convened on June 12, 2025, to approve the pricing and allotment in the QIP.

This marks the first QIP by the Company in the last decade. The issue witnessed overwhelming response led by diverse pool of institutional investors including foreign and domestic long only funds, mutual funds and insurance companies notably Quant Mutual Fund, 3P Investment, BlackRock, Think Investments, Allspring Global Investments, ICICI Prudential Life Insurance, HDFC Life Insurance, ICICI Lombard General Insurance, SBI General Insurance, HDFC Ergo General Insurance, TATA AIF, MK Ventures Capital and many other long only investors, reaffirming Company’s execution and technological strength, robust governance and long-term vision.

Mr. Rajesh Sharma, Managing Director, Capri Global Capital Ltd, said, "The successful QIP marks a significant milestone in Company’s growth journey. The capital raised will enable us to capitalise on growth opportunities across key lending verticals, expand our geographical presence, invest in AI & data science capabilities and strengthen our capital base. This will also open up new avenues for us to diversify our borrowings and further solidify our liability franchise. As we scale responsibly, our focus remains on driving inclusive credit access, higher productivity and efficiency while building a resilient portfolio. We are encouraged by the continued trust of our existing shareholders and welcome the new shareholders. We remain committed to deliver a robust financial performance and create long-term value for all our stakeholders."

About Capri Global Capital Ltd:

Capri Global Capital Limited (“Capri Loans”) is a well-diversified retail focused Non-Banking Financial Company listed on the BSE Limited and the National Stock Exchange of India Limited. With an AUM of over Rs 22,857+ Crore and serving customer base of over 5.5 Lakhs through more than 11,400 employees and 1,100+ branches  as of March 31, 2025 across Northern and Western geographies, Capri Loans offers a wide range of secured and collateralized loans through four primary lending segments such as MSME Loans, Gold Loans and Construction Finance and offers Housing Loans through its 100% subsidiary Capri Global Housing Finance Limited (“CGHFL”). Capri Loans also has fee-based businesses such as distribution of car loan products in partnership with 12 banks and financial institutions and has a composite license for distribution of Life, General and Health insurance policies.

For further information, visit:  www.capriloans.in   

Isuzu Motors India Appoints Pristine ISUZU As New Dealer Partner In Bengaluru, Karnataka

-       Inaugurates Pristine ISUZU’s 3S facility in Hosur Main Road

In a move to further strengthen its footprint in Karnataka, Isuzu Motors India inaugurated its lifestyle 3S facility – Pristine ISUZU in Bengaluru today. Located on Hosur Main Road near Silk Board, one of the city’s key auto and commercial corridors, the expansive 11,000 sq. ft. outlet is designed to offer a superior and seamless brand experience for ISUZU vehicle owners.

The 3S facility was inaugurated by Mr. Rajesh Mittal, President & Managing Director, Isuzu Motors India along with officials from Isuzu Motors India and Pristine ISUZU. This marks Pristine’s second ISUZU facility after Hubballi and contribute to the brand’s overall network of five outlets currently in Karnataka.  

Speaking at the inauguration, Mr. Rajesh Mittal, President & Managing Director, Isuzu Motors India, “We have built a strong partnership with Pristine ISUZU and are delighted to expand our association with the launch of this new 3S facility in Bengaluru. Karnataka is a key market for us, and we remain committed to expanding our service network across the country to ensure seamless support and foster meaningful relationships with our customers throughout their ownership journey. Our collaboration with trusted partners like Pristine enables us to deliver on that promise consistently.”

Mr. D V Badrinath, Manging Director, Pristine ISUZU and Shivashankar K, Director, Pristine ISUZU jointly expressed that this touchpoint reflect their continued focus on delivering exceptional customer service and operational excellence for the brand.

“With over two decades of industry expertise, we aim to uphold the standards of quality and reliability that have long defined us. Our focus will remain on delighting customers and providing a superior sales and service experience to ISUZU owners in and around the Bengaluru region,” Mr. Badrinath, added.

The integrated service facility features modern layout along with 9 service bays and a dedicated paint-booth. It is staffed by trained professionals to ensure high-quality, efficient service delivery. With a strong emphasis on reliability and customer satisfaction, the new centre is poised to deliver consistent, dependable support while further strengthening ISUZU’s presence in the region.

About Isuzu Motors India Pvt. Ltd.

Isuzu Motors India Private Limited (IMI), a subsidiary of Isuzu Motors Limited, Japan, was established in August 2012. Headquartered in Chennai, the company sells the popular ISUZU D-MAX V-Cross – India’s First Lifestyle and Adventure Pick-up, the Hi-Lander - All-rounder Pick-up and the ISUZU mu-X, premium 7-seater SUV in the personal vehicle segment and variants of ISUZU D-MAX pick-ups – S-CAB, S-CAB Z and Regular Cab, for the commercial segment. ISUZU vehicles are known for their reliability and performance around the world. Recently, IMI launched its fully-built Ambulance model that meets AIS-125 Type C specs. Renowned the world-over, ISUZU vehicles are gaining huge significance in the Indian market as well, thanks to the ‘value proposition’ it offers the customers.  

Isuzu Motors India manufactures these products at its modern manufacturing plant in Sri City, spread over an area of 107 acres in the state of Andhra Pradesh. The company began its manufacturing operations in April 2016, with strong focus on quality and commitment to Indian market. In February 2020, Isuzu Motors India commenced the start of its Phase-II operations with the inauguration of the state-of-the-art Press Shop facility and engine assembly plant. 

IMI started export of its ‘Made-in-India’ vehicles and has emerged as the India’s top exporter of commercial vehicles (CVs) in FY2024-25, as per SIAM report. An ISO 9001:2015 certified company, Isuzu Motors India is committed to providing products and services of the highest level of quality to ensure customer delight.  The company has dedicated dealer touch-points, conveniently located in 90 locations across the country. For more information on the company, and its products/services. www.isuzu.in   

Zuno General Insurance Launches India’s First Crash Detection-Enabled Motor Cover

* With real-time crash detection now part of Smart Drive, Zuno turns motor insurance into a safety solution—offering instant emergency response alongside weekly rewards and regular updates for safe driving

Zuno General Insurance, a new-age digital insurer committed to making insurance easy, friendly and innovative, has introduced India’s first real-time crash detection feature to its flagship Zuno Smart Drive car insurance. This enhancement provides instant roadside support and accelerates claims processing, reinforcing Zuno’s position as a leader in innovative, customer-centric insurance provider.

With this new addition, Zuno Smart Drive moves beyond just rewarding safe driving.  The advanced mobile telematics system embedded in the Zuno app detects crashes automatically and alerts the Zuno support team triggering real-time roadside assistance, initiating a claims process and aid without requiring customer initiation. This saves critical time during emergencies—ensuring help arrives when it is needed most.

Zuno GI, a pioneer in usage-based insurance, has already introduced Zuno Smart Drive with India’s first built-in Pay How You Drive feature at no additional cost, rewards customers based on real-time driving behaviour. By tracking metrics such as speed, braking, and consistency, the platform encourages responsible driving habits. Customers receive rewards for maintaining high driving scores, which also translate into policy renewal discounts, making safer driving financially rewarding. Zuno Smart Drive requires no special setup or device. It works directly through the Zuno app, providing users with personalised driving insights, real-time risk assessment, and a transparent view of how their behaviour impacts both safety and savings. This approach not only empowers customers with greater control over their premiums but also encourages a culture of responsibility on the road.  

With its newest upgrade, Zuno Smart Drive supports, rewards, and protects in real-time. Zuno continues to raise the bar for what motor insurance can offer in today’s connected world—smart, supportive, and centred around the customer.

Speaking about this customer-first innovation, Shanai Ghosh, MD & CEO, Zuno General Insurance, said, “At Zuno, our goal is to turn insurance into a proactive safety partner. Zuno Smart Drive is an insurance that watches out for you, supports you in critical moments, and puts your safety first. With real-time crash detection, we’re taking a decisive leap forward— moving from reactive support to proactive safety. It’s a powerful example of how technology and empathy can come together to transform customer experience.”

According to the Annual Report on Road Accidents in India by the Ministry of Road Transport and Highways (MoRTH) available till 2022, India witnessed 461,312 road accidents, with over 168,000 fatalities—an 11.9% increase from 2021. The report highlights the need for advanced emergency response systems, which Zuno’s crash detection now aims to support.

For more information, visit https://www.hizuno.com

Cool Dads Have A Strong Digital Game, These Visa Tips Will Make It Stronger

Dads never really got why we said “YOLO” back in the day, but it is crucial they speak the language of safe digital payments. This Father’s Day, Visa shares easy-to-remember acronyms to help all fathers make smarter and safer payment decisions.

TAP (Trust, Avoid, Protect): Trust only verified and secure terminals, Avoid unsecure public Wi-Fi networks and Protect your funds with two-factor authentication (2FA).

LOCK (Learn, Observe, Check, Keep): Stay ahead of fraud by learning about emerging scams. Observe payment pages with misspelled URLs or suspicious requests to steer clear of scams. Check your transaction alerts religiously. Keep payments in control via app passwords, card control features and travel-mode settings.

CARE (Check, Authenticate, Review, Ensure privacy): Before online purchases, check for the padlock icon and "https://" in the URL to verify the merchant is legitimate. Authenticate payments with a fingerprint or face scan. Review bank statements each month and ensure privacy — never save card information on unreliable sites.

ACT Fast (Alert, Contact, Terminate Fast): When fraud strikes, alert your bank immediately and contact relevant local authorities like Cybercrime Helpline (dial 1930). Terminate access to your funds by freezing your card and preventing further loss.

This Father’s Day, give your super dad the power of smart, secure digital payments. Bonus points for the coolest dads who tap to pay!

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

Beauty From Around The World, Now Under One Roof: BeautyXperience 2025 At Phoenix Mall of Asia, Bengaluru

* Three days of luxury, learning, and live entertainment featuring world-renowned brands and celebrity beauty experts

Phoenix Mall of Asia proudly presents BeautyXperience 2025, a premier three-day celebration of global beauty, style, and artistry, taking place from June 13 to 15 (Friday to Sunday) at Fan Park, Phoenix Mall of Asia, Bengaluru. With celebrity-led masterclasses, luxury brand showcases, immersive experiences, and evening musical performances, the stage is set for Bengaluru’s biggest celebration of beauty.

Curated for beauty enthusiasts, professionals, and trendsetters alike, the event offers a dynamic mix of pop-up beauty bars, skin consultations, mini makeovers, fragrance lounges and exclusive luxury sampling.

What’s in Store: 

Star Appearances & Masterclasses

Join actress Neha Sharma as she inaugurates BeautyXperience 2025, followed by expert-led sessions from celebrity makeup artist Sandhya Shekar and renowned beauty educator Bhumika Bahl through the weekend.

Live Music Every Evening

Enjoy soulful performances by StringFisher, Kanya, and the Fernandes Trio, adding rhythm and atmosphere to the glamour-filled evenings.

Beauty Meets Innovation

Explore the future of personal care with beauty-tech demos, hands-on tutorials, and backstage tips from the industry’s best.

Brand Showcases Under One Roof

Discover collections and exclusive drops from iconic brands like Dior, Armani, Yves Saint Laurent, Laura Mercier, Estée Lauder, Shiseido, L’Occitane, Clinique, Kiehl’s, Victoria’s Secret, Jo Malone London, Sephora, tira, Bobbi Brown, Parcos Luxe, MAC, Colorbar, Kama Ayurveda, mamaearth, Nykaa, Bath & Body Works, RUFFS, EYA Catchers, Tip & Toe, Typsy Beauty, health & glow, Toni&Guy, Naturali, RAS Luxury Oils, and more.

Event Schedule:

Day 1: Friday, 13 June 2025

Highlights: Inauguration by Neha Sharma, Masterclass by Gauri Kapoor

Time: Activities begin at 4:45 PM | Live Performance: StringFisher (7:30 PM – 9:00 PM)

Day 2: Saturday, 14 June 2025

Highlights: Masterclasses by NYKAA, Shiseido, Tira, and Sandhya Shekar

Time: Activities begin at 2:30 PM | Live Performance: Kanya (7:30 PM – 9:00 PM)

Day 3: Sunday, 15 June 2025

Highlights: Masterclasses by Laura Mercier, Typsy Beauty, Sephora, and Bhumika Bahl

Time: Activities begin at 2:30 PM | Live Performance: Fernandes Trio (7:30 PM – 9:00 PM)

Venue: Fan Park, 2nd Floor, Phoenix Mall of Asia, Bengaluru

Entry: Registration required. Sign up on the Phoenix Mall of Asia website to attend.

NUCFDC Launches “Sahakar PaathShaala”’ A National Training Programme For UCBs

National Urban Co-operative Finance & Development Corporation (NUCFDC) has launched “Sahakar PaathShaala” a national-level training and capacity-building program for Urban Cooperative Banks (UCBs). The inaugural session, held at the Cosmos Bank Head Office in Pune in presence of Shri Prabhat Chaturvedi, Chief Executive Officer, NUCFDC; Shri Padmabhushan Bahadure, Chief Technology Officer, NUCFDC; Shri Adv. Pralhad Kokare, Chairman, Cosmos Bank and Shri Sharad Gangal, Chairman, TJSB Sahakari Bank. The event saw the convergence of over 100 senior leaders, including CEOs and Directors from UCBs across Maharashtra, Gujarat, Telangana, and Karnataka.

Speaking about the initiative, Shri Prabhat Chaturvedi, CEO, NUCFDC said, “This is a defining step towards building a future-ready UCB sector. In alignment with the Government of India’s vision of 'Sahakar Se Samriddhi' to strengthen the cooperative sector, Sahakar PaathShaala aims to strengthen compliance frameworks for UCBs and empower them to become dynamic, digitally enabled, and future-ready institutions. This is not merely capacity building; it is a capacity transformation program. The program aims to boost sectoral excellence and chart sustainable growth for UCBs to thrive in in an evolving financial landscape”.

This structured, multi-dimensional learning platform offers practical insights into key areas such as KYC compliance, fraud risk mitigation, and treasury management. Designed specifically for UCBs, the program goes beyond knowledge-sharing to support institutions in meeting member goals and keeping pace with evolving regulatory demands. It emphasizes strengthening governance and compliance, cultivating agile leadership to manage risk and drive growth, building a digitally skilled workforce, and accelerating digital transformation through enhanced adoption of technology and IT tools.

NUCFDC also unveiled the 'Sahakar PaathShaala Digital Learning Platform'. This gamified, multilingual portal allows UCB professionals to learn flexibly, anytime, anywhere. Inaugurated by Shri Sharad Gangal, Chairman, TJSB Bank, the platform supports continuous learning in English and major regional languages.

Concurrently, NUCFDC rolled out the 'Sahakar PaathShaala Interactive Webinar Series', scheduled for the second and fourth Fridays of each month. These webinars will serve as an ongoing dialogue and learning forum for Chairmen, CEOs, and senior management of UCBs.

Ciklum Acquires India-Based CodeAstu To Scale Experience Engineering And Strengthen AI Edge

Ciklum, a global Experience Engineering leader, has today confirmed its acquisition of CodeAstu, a specialist in building high performance software. This deal significantly enhances Ciklum’s global delivery capabilities with the integration of CodeAstu's highly skilled team based in Pune, India, while also helping to cement Ciklum’s ongoing growth within the US market.

Ciklum has a global workforce of more than 4,000 people, with deep skills across engineering, design, product and consultancy. Ciklum creates digital products and exceptional customer experiences for a client base of more than 250 global enterprises and new digital disruptors, and has built a strong track record in next-generation product engineering and cutting-edge artificial intelligence.

CodeAstu is headquartered in Pune, India, and specializes in web and mobile application development, high performance computing as well as comprehensive DevOps consulting. The highly skilled team in India plays a pivotal role in CodeAstu's delivery excellence.

This acquisition further strengthens Ciklum’s existing spectrum of Experience Engineering capabilities, leveraging high performance computing to engineer dynamic and ultra-responsive digital products that elevate all touchpoints of the customer journey.

“CodeAstu brings not just technical excellence in high performance software development and data engineering, but a culture of precision and creativity that aligns perfectly with our vision for experience-led, AI-powered digital engineering,” said Raj Radhakrishnan, CEO of Ciklum. “Together, we’re not just scaling—we’re reimagining how world-class digital products are designed and delivered.”

“Joining forces with Ciklum unlocks a new chapter for CodeAstu,” said Santosh Mantri, CEO of CodeAstu. “With our shared passion for innovation and excellence, we’re poised to deliver next-generation digital solutions at global scale—combining deep engineering roots with bold, human-centered design.”

French-Caribbean Star David Walters Brings Soul Tropical Rhythms To India This Summer

* A Musical Celebration of Identity, Joy, and Global Sounds on the Occasion of Fête de la Musique

This June and July, India sways to the infectious rhythms of Soul Tropical as French-Caribbean musician David Walters embarks on his much-awaited India tour — a radiant musical journey blending Afro-Caribbean roots, soul, funk, and global grooves. This celebration of music, culture, and connection arrives as part of the international Fête de la Musique festival, observed every June across the world.

Presented by the French Institute in India and the Alliance Française network in India, this tour promises electrifying performances in cities including New Delhi, Chandigarh, Bhopal, Pune, Hyderabad, Bengaluru, Kolkata, and Jaipur.

Walters, known for his genre-defying sonic palette and powerful stage presence, brings a deep emotional resonance to his performances. His latest album, Soul Tropical, is both a personal homage to his Caribbean heritage and a universal ode to joy and resilience. It features acclaimed collaborations with artists like Mario Canonge, Ballaké Sissoko, Flavia Coelho, and Captain Planet, weaving together sounds from Martinique, Guadeloupe, Cuba, Brazil, and Africa — all filtered through the vibrant energy of Marseille, Paris, Sheffield, and Los Angeles.

“This isn’t just music to listen to — it’s music to feel, to move to, to heal with,” says Walters. “Soul Tropical is about dancing through grief, reconnecting with family, and finding joy in shared rhythms.”

Event Details:

New Delhi                  18 June, 9:00 pm                      The Pianioman, Eldeco Centre, Saket

Chandigarh                19 June, 7:30 pm                      Tagore Theatre

Bhopal                         21 June, 7:00 pm                      Madhya Pradesh Tribal Museum

Pune                             22 June, 7:00 pm                      FC Road Social

Hyderabad                  24 June, 8: 00 pm                     EXT, Film Nagar

Bengaluru                   27 June, 7:30 pm                      Alliance Française de Bangalore

Kolkata                        01 July, 6:30 pm                      Indian Museum

Jaipur                           05 July, 7:00 pm                      Diggi Palace

*       Live concerts infused with island soul, dance beats, and tropical warmth

*       Free and ticketed events, depending on the venue

Full tour details and registration links: https://www.ifindia.in/event/david-walters

Why India?

David Walters' music is a testament to the universality of rhythm and melody. His previous collaborations with Indian artists, such as the fusion project with Rajasthan Roots and performances with Bangalore-based musicians, have showcased his ability to seamlessly blend Caribbean beats with Indian folk traditions.

Walters’ visit is more than a tour — it’s a cultural bridge. France’s deep-rooted connection to India through music, language, and artistic collaborations finds new expression in Soul Tropical, a perfect fit for the diverse, multilingual, and rhythm-loving Indian audience. The tour serves as a vibrant showcase of Fête de la Musique's original spirit — making music accessible, open, and alive in public spaces.

During his stops in Bengaluru, Kolkata, and Jaipur, the tour will take on a deeper, more collaborative turn. Walters will engage in intimate musical residencies with local folk musicians, co-creating new compositions that blend their distinct traditions with his tropical soundscapes.

About David Walters:

A multi-instrumentalist, vocalist, and globe-trotter, Walters has spent over two decades redefining the boundaries of world music. From his early hits like Awa to the critically acclaimed Nocturne, his work speaks to a global citizen's heart. Soul Tropical, released in 2023 under Heavenly Sweetness, is his most joyous and danceable project yet — a celebration of heritage and humanity.

This World Gin Day, Discover Hidden Jewels By BOMBAY SAPPHIRE – A Toast To The Striking Beauty In The World

This World Gin Day, BOMBAY SAPPHIRE invites audiences to step into a world of immersive beauty with Hidden Jewels – a collection of strikingly beautiful off-the-menu cocktails crafted by 50 of the most influential bartenders across the country.

From the cool stillness of Kashmir’s Dal Lake to the vibrant bustle of Jaipur’s markets, each Hidden Jewel is inspired by a place of wonder – and transformed into an immersive drink experience. Crafted by leading names like Zanngasung (Soho House, Mumbai), Prantik Haldar (The Bombay Canteen, Mumbai), Naval Bhatt (Lair, New Delhi), Shubham Meisnam (Sidecar, New Delhi), and many more, this limited-edition curation is an invitation to slow down and allow yourself to savour the world’s beauty.

A New Way of Savoring: Beauty in Every Sip

Earlier, BOMBAY SAPPHIRE brought together 50 of India’s top bartenders for an immersive experience in the wilds of Meghalaya. Through a series of workshops with indigenous artisans and chefs, the bartenders were inspired to observe, immerse, and draw from the striking beauty all around. The result is a new form of cocktail craftsmanship — one where every detail, from colour and aroma to garnishing and flavour, evokes a deeper sense of place and purpose – inviting you to stop in your tracks and be enamored by their striking beauty.

Adtnu Tiwari, Category Lead, Premium White Spirits, shared, “Across India, we are seeing a growing desire for experiences that invite us to pause, discover, and truly savour moments with friends and family. With Hidden Jewels, we are bringing elevated drinking experiences with cocktails that reframe how beauty shows up behind the bar – compelling us to observe, immerse, and feel moments that go on to become cherished memories,”

Top Hidden Jewels to discover this month

Launching this World Gin Month (June), these cocktails are waiting to be discovered at leading bars across Mumbai, Delhi, Bengaluru, Goa, Hyderabad, Jaipur, and Kolkata. From the golden glow of Rajasthan's Thar Desert captured in Desert Bloom (Bar Spirit Forward, Bengaluru); the natural beauty of Rhododendron Trail of Sikkim in The Daily Bloom (SOKA, Bengaluru) and Footsteps and Flavours (Ioya Bar, Bengaluru); the lush Darjeeling Tea Fields in West Bengal in Breakfast Champagne (ZLB23, Bengaluru); the stillness of Laxmanpur Beach in Andaman captured in Summer Bloom (Dali & Gala, Bengaluru); the scenic wonders of Monsoon in the Western Ghats in Tympew (Copitas, Bengaluru); the laid back Alleppy Backwaters, Kerala in Alleppy Elements (Monkey Bar, Bengaluru); to the serenity of Kashmir’s Dal Lake in The Lake View (Siren Cocktail Bar, Bengaluru), get ready to experience the surreal moments that draw you in, poured into a glass at top bars in your city.

About Bombay Sapphire

Bombay Sapphire is a world-leading premium gin, crafted in England since 1987. Renowned for its iconic blue bottle, the gin is distilled using a signature vapor infusion process and a unique blend of ten hand-selected botanicals, including juniper, almond, coriander, and grains of paradise, resulting in a clean, bright, and balanced flavour.

Gen Z Is Balling Solo, Paying Via UPI & Redeeming Loyalty Coins; Cleartrip Data Reveals Gen Z’s Bold New Travel Playbook

Travel, the Gen Z Way: Solo, Digital & on their terms! Cleartrip, a Flipkart company and one of India’s fastest-growing online travel technology platforms, has released new data insights from its latest report highlighting how Gen Z travellers are reshaping the Indian travel landscape. With a strong digital and an aspirational mindset, this cohort is increasingly adopting new-age travel behaviours that reflect independence, flexibility, and a willingness to spend on comfort and personal freedom.

“Gen Z travellers are rewriting the rules of Travel. For them, travel is not just a break, but a lifestyle choice and a form of self-expression,” said a Cleartrip spokesperson. “They’re independent, digitally savvy, and far more willing to spend on personalised, comfortable experiences, often preferring solo or niche travel over traditional group itineraries.”

Key highlights from the Cleartrip Gen Z Travel Report:

Gen Z is choosing to Travel Solo

According to Cleartrip’s data, Gen Z is increasingly embracing solo travel, with a 7% higher share of solo trips compared to other age groups. This depicts a notable shift from traditional family trips, where budgets and choices were shared and often driven by older members. Today’s Gen Z traveller seeks the freedom to explore offbeat, experience-driven destinations on their terms by focusing on adventure, nature, and peace over traditional sightseeing.

Smart and Flexible Payments define Gen Z travel choices

This independent travel mindset also reflects in how they choose to pay for their trips. Gen Z is leaning into UPI and debit card usage more than credit cards, with 10% more UPI transactions than other groups. EMI-based travel payments are widely preferred, with more than 10% of Gen Z users opting for this mode. This points to Gen Z’s strong aspiration to travel luxuriously, regardless of budget constraints.

Gen Z prioritises Convenience

Another emerging trend is the rise in meal-attached bookings among Gen Z compared to the older age groups, indicating a steady catch-up in preferences for convenience and full-service experiences.

Flexibility and Value are Key Drivers

Gen Z travellers are likely to opt for flexible travel options like Cleartrip’s ClearChoice, reflecting their preference for spontaneity and travel on their terms. They're also about 1 in 10 more likely to redeem reward points such as SuperCoins and use travel coupons 1.5 times more often than other age groups, underlining their strong focus on value-driven travel.

About Cleartrip:

Launched in July 2006, Cleartrip Pvt Ltd., a Flipkart company, has emerged as India’s fastest-growing online travel technology company. In April 2021, Flipkart acquired a majority stake in Cleartrip. Cleartrip recently emerged as the no. 2 OTA player as per a study by VIDEC. With an aggressive plan to emerge as a leading innovator in the industry, Cleartrip is on its way to building a differentiated value proposition for its customers looking for end-to-end travel solutions. With industry-first offerings including ClearChoice Plus and ClearChoice Max, Cleartrip has a clear vision to provide innovative solutions in the OTA segment. Combining intuitive products with a customer-centric approach and a wide selection of flights, hotels, and buses, Cleartrip brings a unique selling point to the market, offering its customers convenience, choice, competitive prices, and premium content.   

Cellecor Gadgets Expands Its Small Appliances Segment, Aims For Rs 100 Cr+ Incremental Annual Revenue From FY26 Onwards

Cellecor Gadgets Limited, one of India’s fastest-growing consumer electronics brands, is set to expand its presence in the Small Kitchen and Home Appliances segment from July 2025. Driven by strong consumer demand and growing recognition for its innovation and product reliability, the company is strengthening its commitment to delivering smart, intuitive, and modern solutions tailored to the evolving needs of Indian households. This expansion marks a key step in its journey to make home appliances more convenient, useful, and affordable for emerging India.

As part of this expansion, Cellecor will launch a range of essential appliances, including microwave ovens, induction cooktops, rice cookers, mixers, nutri blenders, juicers, air fryers, irons, and more. All products are designed for daily use, with a focus on ease and functionality.

The new product lineup is projected to add around ?100 crore to Cellecor’s annual revenue, driven by stronger profit margins and greater brand visibility, further solidifying its position as a trusted name in India’s fast-growing consumer appliance market.

The decision to expand into this high-demand category stems from a clear and growing consumer preference for compact, durable, and affordable appliances that integrate seamlessly into busy lifestyles. This foray complements Cellecor’s expanding portfolio, which already includes consumer electronics, large appliances, smart gadgets, mobiles, IT products, and mobile accessories. By entering this fast-moving, high-engagement segment, Cellecor aims to deepen everyday consumer interactions while driving sustained, scalable business growth.

“We’re committed to creating meaningful solutions that enhance everyday life, and this expansion is another step forward in offering our customers more choices that blend with their lifestyles and expectations,” said Ravi Agarwal, Managing Director, Cellecor Gadgets Limited.

The new product range will be available across Cellecor’s robust offline retail network, including exclusive brand stores and partner outlets, as well as on leading online marketplaces.

With this launch, Cellecor reaffirms its mission to go beyond products—to create experiences that simplify, support, and enrich the daily lives of millions of Indian consumers.

About Cellecor Gadgets Limited

Cellecor Gadgets Limited's journey in the electronics device business, and selling products in its own brand, including Smart TVs, Smart Gadgets, Wearables, Mobile Phones, Home and Kitchen Appliances, and more outsourced from various electronic assemblers and manufacturers, started in 2012 as M/s Unity Communications-its founder Mr. Ravi Agarwal’s proprietorship firm. The company is promoted and managed with an enduring sustainable business strategy, wherein the company aims to synergetic amalgamate business potential embedded in the ever-growing demand for electronic products with a modern business approach of sourcing, producing, and marketing with an objective to provide quality products at affordable prices. Today, Cellecor Gadgets Ltd is a leading name in the consumer electronics industry, known for its innovative and cutting-edge technology. With a commitment to making happiness affordable, Cellecor offers a diverse range of products, including mobile phones, smart TVs, speakers, neckbands, TWS, soundbars, smartwatches, washing machines, and many more.

The securities of the Company are listed on the NSE EMERGE (SME Platform of National Stock Exchange of India Limited) with Scrip Code: CELLECOR

eClerx Services: Time For A Breather; Downgrade To Add Shares

Information Technology

Company Update  

June 12, 2025

CMP (Rs): 3,652 | TP (Rs): 3,950

ADD

We interacted with Srinivasan Nadadhur, CFO, to understand the demand environment and outlook. Key takeaways: i) The demand environment has largely been stable over the past few months. The company has not seen any noticeable changes in roll-off trends. ii) It expects revenue momentum to continue in the near term on the back of strong deal intake in H2FY25 and a healthy deal pipeline. Headcount addition remains a good indicator for near-term revenue growth. iii) The management expects deal momentum to sustain in FY26 with full-year ACV better than FY25. However, quarterly variation in booking is not ruled out. iv) The company has reiterated adj. EBITDAM guidance of 24-28%. Q1 margin may be impacted by a wage hike. v) Broad-based growth visibility is still in contention due to ongoing uncertainties around tariff, which has led to cautious client behavior in some sectors. vi) Capital allocation policy remains unchanged with a preference for buyback. We remain constructive on eClerx’s medium-term growth prospects and raise target multiple to 24x (earlier 22x) on Jun-27E EPS. However, given limited upside after the sharp rally—the stock is up ~49%/41% in 1M/3M—we downgrade to ADD from Buy with a revised TP of Rs3,950.

Growth momentum to sustain in Q1 amid macro challenges

After delivering strong revenue growth in Q4 (4.4% CC QoQ), the management is optimistic about sustaining momentum in Q1, despite current macro challenges. Demand remains stable, particularly in BFSI, with healthy deal momentum across most verticals. Fashion remains soft, as a couple of top clients in the segment reported weak performance last quarter. Tariff-related discussions are slowing decision-making in Hi-Tech, M&D, and Retail, potentially affecting growth in these verticals. In CMT, some uptick in demand for voice-based roles has been observed, though this needs further monitoring. Europe has remained soft over the past few quarters, partly due to higher exposure to digital, which continued to see pressure. There are plans to hire a leader for Europe to improve traction in that market. G&A cost is likely to increase in Q1 due to the opening of new delivery centers in Egypt and Peru. Adj. EBITDAM guidance is maintained at 24-28%, though Q1 will see headwinds from wage hikes (~400bps gross impact).

Identified focus areas for M&A; capital allocation policy continues

The company will continue its policy of not accumulating excess cash on the balance sheet and pay out cash to shareholders either as dividend or through buyback, with preference for the latter. It is looking for M&A opportunities that align with its overall growth strategy and target capabilities, with a focus on three key areas – a) onshore consulting capabilities in BFSI, particularly in regulatory space; b) creative services in NA; and c) implementation capabilities technologies such as Salesforce and Databricks. It is comfortable allocating 10–20% of its annual revenue as consideration for such acquisitions.

3 Out Of 4 Indian Recruiters Are Investing Upto 70% Of Their Hiring Budgets In AI And Tech To Hire Smarter, Faster: LinkedIn Research

* Quality of hire, speed to hire, and revenue per employee are the top 3 ways Indian recruiters measure hiring success

* 53% of Indian recruiters say online job platforms like LinkedIn deliver the highest hiring ROI for their organizations

* AI-assisted messages on LinkedIn Recruiter 2024 are seeing 44% higher acceptance rates globally

Nearly three years into adopting AI at work, Indian recruiters are moving from ‘quick hiring’ to ‘quality hiring’. New research from LinkedIn reveals that 3 out of 4 (75%) recruiters in India are investing up to 70% of their hiring budgets in recruitment tech and AI tools.

LinkedIn’s India Hiring ROI research, based on responses from over 1,300 HR professionals across 10 cities, finds that today’s top 3 recruitment priorities are finding high-quality candidates with transferable skills (57%), adopting smarter hiring tech (52%), and proving the ROI of hiring investments to C-suite leaders (46%).

But challenges persist, from ensuring the right mix of soft and technical skills (64%) to hiring fast (58%) and finding candidates who are the right culture fit (54%). To meet these shifting demands, 69% of Indian recruiters are now using data analytics to make informed hiring decisions and 63% are using AI tools to improve hiring speed and accuracy.

Ruchee Anand, Head of LinkedIn Talent Solutions in India says, “With the pressure to hire quickly, many recruiters cast the net wide but not deep, choosing volume over precision. But hiring today demands more. Recruiters need tools that help them find skilled talent who can drive real business outcomes. The opportunity lies in using AI and data to shift from quick-fill roles to high-impact hires. Our latest research shows that over half (53%) of recruiters in India already see stronger returns from platforms like LinkedIn, as they shift focus to skills like problem-solving, creativity, and leadership. This marks a clear step forward in how India hires - with precision, purpose, and long-term value in mind.”

Hiring ROI in India is now defined by quality and revenue, not just speed

Nearly 3 in 4 HR professionals in India say their organisations complete hiring within two to four weeks. But quality of hire has become the most important measure of success, cited by 72% of recruiters, followed by time to hire (60%) and revenue per employee (59%).

Recruiters say delays in the process result in losing top candidates to faster competitors (58%), higher workload pressure on teams (64%), and reduced productivity and morale (63%). The most common causes of delay are structural: lengthy approval processes (58%) and indecision among hiring managers (56%).

Recruiters are evolving into strategic career advisors as AI boosts efficiency

Recruiters are using AI to save time by automating manual tasks and enhancing productivity. 45% say AI increases efficiency, and 42% say that by taking off repetitive tasks off their plate, it helps them focus on higher value activities such as on stakeholder alignment and candidate experience.

As AI adoption grows, 90% percent of recruiters in India expect to step up as ‘strategic career advisors’ in their roles, and 92% plan to use personalised content and data insights to engage candidates more effectively. 

Sunil Chemmankotil, MD at Adecco India says, "We’re witnessing a fundamental transformation - not just in the talent pool, but in the very nature of roles themselves. As job functions converge and hybrid profiles become the standard, traditional job titles no longer capture the full scope of what candidates bring to the table. With advanced tools like LinkedIn Recruiter 2024, we can now decode roles into the core skills that truly matter. This allows us to identify adjacent talent that might have been overlooked in the past. In a dynamic market like India, this kind of AI-driven insight is not just helpful - it’s a strategic advantage.”

LinkedIn’s AI-powered tools are built to help recruiters hire quality candidates faster, with higher response rates 

As recruiters face rising pressure to move faster without compromising on quality, LinkedIn’s AI-powered tools are designed to deliver results that matter. 

Recruiter 2024, LinkedIn’s first generative AI hiring experience, is already helping hirers connect with qualified candidates more effectively, with AI-assisted messages seeing 44% higher acceptance rates and being responded to 11% faster than standard outreach globally. 

LinkedIn's first AI agent Hiring Assistant automates repetitive tasks like sourcing and screening, freeing up recruiters to focus on their most impactful work and strategic priorities like advising hiring managers, interviewing candidates and assessing candidate fit, and building stronger talent pipelines. 

Methodology

LinkedIn commissioned YouGov to survey 1300 HR professionals who have been involved in recruitment over the past six months. The survey was conducted in May 2025  across 10 Indian cities -- Ahmedabad, Bangalore, Chandigarh, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Mumbai, and Pune -- with HR professionals between 25-65 years of age to ensure representation across seniority levels. 

About LinkedIn

LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has 1 billion members and offices around the globe. www.linkedin.com / mobile.linkedin.com.

Rentelo – Revolutionizing Urban Mobility, One Ride At A Time

Rentelo, one of Bengaluru’s fastest-growing rental mobility brands, proudly announces its bold entry into the electric vehicle (EV) segment. With an initial fleet of 50+ electric two-wheelers now operational across the city, Rentelo is accelerating toward a cleaner, more inclusive urban mobility ecosystem.

Backed by strategic procurement from ATHER ENERGY LIMITED through it authorized dealer SCOOTERMAN AUTOMOTIVE PVT LTD  located @ Hennur-Kengeri-Nelmangala-Ramanagara-Bidadi-Chanpatana-Kankapura and growing.

Rentelo plans to scale up to a fleet of 1,500+ EVs over the next two years. This transition positions Rentelo as a comprehensive mobility partner for all customer segments, with a clear focus on electric, sustainable transportation.

Speaking at the launch Waseem Syed, Founder & CEO  Said,   “As we expand across Bengaluru and beyond, Rentelo invites users, partners, and businesses to join the electric mobility revolution. With accessibility, sustainability, and customer experience at our core, Rentelo is committed to redefining how cities move.Mobility should be electric, inclusive, and intelligent. At Rentelo, we’re building India’s most customer-friendly EV rental ecosystem—for today and tomorrow.”

Our Vision: Mobility for All, Powered by Choice

Rentelo is more than a rental company — it’s a mobility ecosystem. Whether it's electric scooters, electric bikes, EV cars, or delivery-focused electric vehicles, our platform offers flexibility, affordability, and variety to suit every urban need. Our mission is simple:

“Bring mobility to every doorstep — sustainable, diverse, and dependable.”

We aim to become the one-stop brand for personal EV rides, business logistics, and partner-driven delivery solutions, all under the Rentelo banner.

Fleet and Future Plans

Our growing inventory includes:

Electric two-wheelers (Ather 450X, 450S, etc.)

Electric cars (Coming Soon)

Delivery-focused EVs and smart urban vehicles

By 2027, we plan to scale our operational fleet to 5,000+ electric vehicles, focused on:

B2C rentals (commuters, travelers, students)

B2B fleet leasing (last-mile delivery, gig partners)

Multi-modal, app-driven booking and tracking

Green Commitment

In partnership with Ather Energy Limited, Rentelo is actively building a 100% electric fleet. With lower emissions, lower operational costs, and zero noise pollution, EVs are the cornerstone of our long-term strategy.

“We’re not just adopting EVs—we’re building an ecosystem where every ride contributes to a cleaner city.”

Mobility Meets Delivery

Rentelo’s fleet powers logistics and delivery networks through strategic partnerships. We are enabling:

Last-mile delivery for e-commerce and food tech platforms

Quick-commerce operations with high-availability EVs

Fleet outsourcing for logistics firms, offering scale with ease

Why Rentelo?

* Zero security deposit rentals

* Flexible daily, weekly & monthly plans

* 24/7 support via phone, app, and WhatsApp

* All-electric fleet across personal and commercial categories

* Future-ready: Delivery + Personal + Fleet Mobility

Union Bank Of India Cuts Lending Rates Following RBI Rate Cut

Following the Reserve Bank of India's reduction in the policy repo rate by 50 basis points, Union Bank of India has revised its key lending rates w.e.f. 11.06.2025.  These changes include downward revision of External Benchmark Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by 50 basis points.

With this move, Union Bank of India has completely aligned its EBLR and RLLR with the recent RBI rate cut which will be beneficial to new and existing Retail (Home, Vehicle, Personal, etc.) and MSME borrowers.

Montra Electric Launches Three-Wheeler ‘SUPER CARGO’ In Bengaluru

*          SUPER CARGO (e-3W) comes with an industry leading certified range of 200+ km and real-life range of 170 km.

*         Prices start at INR 4.37 lakh (Ex-showroom Bengaluru, post-subsidy) * and the vehicle comes with industry best 5-year or 1.75 lakh km battery warranty

*          SUPER CARGO is equipped with an industry-leading 13.8 kWh lithium-ion battery and is available in three versatile configurations: 170 cu.ft, 140 cu.ft, and tray deck

*          SUPER CARGO will also be available with a 15-minute 100% charging option, powered by Exponent Energy

Montra Electric, the clean mobility brand of diversified conglomerate Murugappa Group, launched the 'SUPER CARGO' electric three-wheeler in Bengaluru today. The new SUPER CARGO is set to revolutionize the last-mile 3W cargo category with a proposition that addresses current market gaps, empowering customers to earn more with uncompromised range and power to easily navigate any terrain.

Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited, launched the SUPER CARGO, in the presence of Mr. Roy Kurian, Business Head - Last Mile Mobility, Mr Saju Nair, CEO-Small Commercial Vehicles, and other key stakeholders.

The SUPER CARGO features a 13.8 kWh lithium-ion battery delivering a category-best on-road range of 170 km. Its powerful drivetrain produces 70 Nm torque and 11 kW peak power with 23% gradeability. With a 1.2-tonne gross vehicle weight, the vehicle is engineered to carry all types of loads with ease.

It comes with Sturdy Boron Steel Chassis that offers superior strength and durability, with a promise of best Uptime in the category. SUPER CARGO has the longest wheelbase in its category, providing a spacious driver's cabin and a 6.2-feet load tray that's ideal for large delivery applications.

Safety features include high-performance front disc brakes, hill hold function, reverse assist, and provision for seat belts. Regenerative braking and multiple drive modes enhance the vehicle's efficiency.

Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited said "The addition of the Montra Electric SUPER CARGO to our product portfolio marks an exciting new chapter of growth for us in the last-mile delivery segment. While we began our journey in the passenger 3-wheeler space with SUPER AUTO and expanded into first-mile logistics with our RHINO heavy trucks, one segment we always wanted to make a foray is —Cargo for mid and last mile.

With EVIATOR, we have already made inroads into the mid-mile segment. And now, with the launch of the SUPER CARGO, we are entering the highly strategic last-mile delivery space.

As a Tru-EV brand, our responsibility goes beyond just offering vehicles—it is about enabling a cleaner, efficient future. With this, we are proud to expand our presence across segments and power India’s mobility shift towards sustainability.”

Mr. Roy Kurian, Business Head – Last Mile Mobility, Montra Electric said, “Montra Electric SUPER CARGO is engineered with deep customer insights. It is packaged with unique features, and the 15-minute full charging option is a great benefit for B2B players. The Super Cargo is well-suited for a variety of applications for both fleet operators and individual entrepreneurs. Our expanding dealer network assures uptime across the nation.”

Mr. Arun Vinayak, Co-Founder, Exponent Energy said, “We are excited to partner with Montra Electric. Our 15-minute 100% Charging solution has been well accepted by the market for its potential to unlock higher asset utilization, and this strategic partnership with Montra Electric will help us take forward the Clean Mobility agenda at enhanced scale. We will closely work with the brand to expand our charging network in line with customer requirements across the cities they are present in”.

The Montra Electric Super Cargo is now open for bookings across exclusive showrooms in over 90 cities. The vehicle is available in three cargo body variants: Tray eCX, 140 cubic feet eCX d, and 170 cubic feet eCX d+.

Additionally, two variants (Tray eQX and 170 cubic feet eQX d+) offer a 15-minute, 100% Quick Charging option. Super Cargo is available in four attractive colours: Chilli Red, Steel Grey, Indian Blue, and Stallion Brown.

Photo Caption: From L to R: Mr. Saju Nair, CEO-Small Commercial Vehicles; Mr. Roy Kurian, Business Head - Last Mile Mobility, Montra Electric; Mr. Jalaj Gupta, Managing Director, TI Clean Mobility Private Limited; Mr. Balakrishnan, Head Engineering - Last Mile, Montra Electric; Mr. Himanshu Aggarwal, National Sales & Service Head, Last Mile, Montra Electric; and Mr. Arun Vinayak, Co-Founder, Exponent Energy at the launch of Montra Electric Super Cargo in Bengaluru.