Friday, August 1, 2025

TVS Credit Registers 12% Growth In Disbursement And 29% Growth In PAT, Reports PAT Of Rs 181 Crore


TVS Credit Services Limited, one of India’s leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2025. The Company reported a Total Income of Rs. 1,697 crore for Q1 FY26, a growth of 6% from Q1 FY25 and Net Profit After Tax of Rs. 181 crore for Q1 FY26, a growth of 29% from Q1 FY25. TVS Credit registered a 12% growth in disbursements in Q1 FY26 compared to Q1 FY25. 

Q1 FY26 Highlights:

 

·         AUM stood at Rs. 26,898 crore as of Q1 FY26, a 2% growth compared to Q1 FY25.

·         Total Income for Q1 FY26 was Rs. 1,697 crore, a 6% growth compared to Q1 FY25.

·         Profit Before Tax for Q1 FY26 stood at Rs. 243 crore, a 30% growth compared to Q1 FY25.

·         Net Profit After Tax was Rs. 181 crore for Q1 FY26, a 29% growth compared to Q1 FY25.

 

In Q1 FY26, TVS Credit achieved significant growth in consumer financing while maintaining its focus on risk calibrated growth across product categories. The company is working to build a diversified book by expanding product offerings, distribution, enhancing customer experience and operational efficiency. During this period, TVS Credit disbursed loans to over 16 lakh new customers, bringing its total customer base to over 2 crore.

 

TVS Credit will continue to focus on steady growth by increasing market share, expanding product offerings, expanding distribution, driving digital transformation, enhancing customer experience and operational efficiency.

 

Item

Q1 FY25

Q1FY26

Growth %

AUM

    26,351

        26,898

2%

Total Income

      1,606

          1,697

6%

Profit - Before Tax

          187

              243

30%

Profit - After Tax

          140

              181

29%

(Figures in Crore) 

 

About TVS Credit Services Limited:

TVS Credit Services Limited is one of India’s leading and diversified Non-Banking Financial Company registered with the RBI. With over 52,300 touchpoints across India, the Company aims to empower Indians to dream bigger and fulfil their aspirations. Being the number one financier for TVS Motor Company Limited and one of the leading Two-Wheeler, Consumer Durable and Mobile Phone financiers, TVS Credit has a fast-growing footprint in Used Car Loans, Tractor Loans, Used Commercial Vehicle Loans, and Unsecured Loans. Powered by robust new-age technologies and data analytics, the Company has served over 2 crore happy customers till date.


Samsung Introduces Galaxy Book4 Edge AI PC With Qualcomm Snapdragon® X Processor And Microsoft Copilot+ In India



  • Galaxy Book4 Edge is a performance powerhouse that will transform personal computing

  • Galaxy Book4 Edge, with Antiglare display and a battery that lasts up to 27 hours, is available at just INR 59990*

 

Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy Book4 Edge, the next-generation AI-powered PC designed to transform personal computing.

 

Levelling Up With AI Connectivity

Galaxy Book4 Edge is equipped with on-device AI capabilities and the new Microsoft Copilot+ integration. Built to function as an integral part of the Galaxy AI ecosystem, it allows users to enjoy seamless continuity between their smartphone and PC, including features like Link to Windows, Multi Control, and Second Screen, for extended productivity. Further, with Link to Windows, users can mirror their smartphone screens on the PC. Fan-favourite Galaxy AI features like Chat Assist and Live Translate are now available on the PC as well, expanding the power of real-time communication and productivity.

 

Availability

Starting today, the Galaxy Book4 Edge will be available at an introductory price of INR 59990*, with INR 5,000 cashback offer on major banks. Galaxy Book4 Edge will be available on www.samsung.com, Flipkart.com, Samsung Shop App, Samsung Experience Stores and select retail outlets across the country. Galaxy Book4 Edge comes in 15-inch size with an enhanced refined finish for a sleek, premium feel, created from a wide variety of recycled materials, including plastics, glass and aluminum. It also features a 1080p HD camera and Wi-Fi 7 connectivity.

 

Ultra-Portable Form Factor

Retaining its lightweight ultra-portable form factor, and long-lasting battery, Galaxy Book4 Edge combines top-tier hardware with AI-powered software features to deliver an immersive computing experience for work, play, and everything in between. The device is available in a new Arctic Blue colour with features such as Antiglare display, and a battery that lasts up to 27 hours.

 

Create Without Limits

Engineered for the AI era, Galaxy Book4 Edge is powered by the cutting-edge Qualcomm Snapdragon® X processor, delivering 45 TOPS of NPU performance for lightning-fast, on-device AI capabilities. It comes pre-loaded with Qualcomm’s Adreno graphics. Paired with Cocreator, users can turn sketches and text prompts into AI-generated artwork in seconds. Windows Studio Effects, powered by on-device AI, lets users enhance video calls with filters, voice focus, eye contact correction, and background blur—bringing studio-quality collaboration to everyday meetings.

 

Enterprise-Grade Security with Personalised Privacy

Security is core to the Galaxy Book4 Edge experience. Backed by Samsung Knox, the device offers multi-layer, defense-grade protection against threats—from hardware-level security to real-time monitoring.

 

As a Microsoft Secured-core PC, it also ensures firmware protection and elevated data integrity for business users. AI features like Recall operate locally on-device, giving users full control over what’s stored.

 

Privacy controls allow users to delete, filter, or manage their data easily, while Microsoft’s cloud-based security ensures added protection when needed. 

 

Launch Price (INR)

Bank Cashback (INR)

*Net Effective Price

(INR)

64990

5000

59990



Honda Motorcycle & Scooter India Announces Prices For The All-New “CB125 Hornet” And “Shine 100 DX”

 


‘Bookings Open’

Honda Motorcycle & Scooter India (HMSI) has set the wheels of excitement in motion with the launch of all-new “CB125 Hornet” and “Shine 100 DX”. Targeted at the next-gen riders, the CB125 Hornet embodies the spirit to ‘Ride Your Rizz’ with its sporty styling and thrilling performance, while the Shine 100 DX carries forward its legacy with enhanced features and premium styling that stand true to what customers expect – ‘Solid Hai’. The All-New Honda CB125 Hornet has been launched at a limited period introductory price of Rs. 1,12,000 while the Shine 100 DX has been priced at Rs. 74,959, all prices ex-showroom Gurugram (Haryana). Customers can book these motorcycles online by logging onto the company website (https://www.honda2wheelersindia.com/) or offline by visiting their nearest Honda authorised dealership. 

These latest entrants in HMSI’s robust two-wheeler line-up are set to redefine the riding experience for Indian customers. The Honda CB125 Hornet has been designed keeping the aspirations of young, urban riders in mind. Showcasing an aggressive street-style design, it boasts a muscular fuel tank with sharp shrouds, stylish muffler, and four striking colour options that enhance its road presence. They are – Pearl Siren Blue with Lemon Ice Yellow, Pearl Igneous Black, Pearl Siren Blue with Athletic Blue Metallic, and Pearl Siren Blue with Sports Red.

The motorcycle’s premium appeal is further elevated by its first-in-segment golden USD front forks and 5-step adjustable mono-shock absorber for superior handling. Packed with advanced features, the CB125 Hornet comes equipped with an all-LED lighting system including a signature twin-LED headlamp with DRLs and high-mounted turn indicators. It also gets a 4.2-inch TFT display with bluetooth-enabled Honda RoadSync connectivity for seamless access to navigation, calls & SMS alerts. 

Additional features of the motorcycle such as a Universal USB Type-C charging port, side-stand indicator with engine inhibitor, and a 240mm petal disc at the front with single-channel ABS add to both convenience and safety. Powering the all-new CB125 Hornet is a 123.94cc, single-cylinder, fuel-injected, OBD2B compliant engine that churns out 8.2 kW of power at 7500 RPM and 11.2 Nm of peak torque at 6000 RPM. The engine comes paired with a 5-speed gearbox. It can sprint from 0 to 60 km/h in just 5.4 seconds, making it the fastest motorcycle in its class. 

The Honda Shine 100 DX carries forward the iconic ‘Shine’ legacy with a refreshed, premium design tailored for everyday commuting. It features a newly designed headlamp with elegant chrome garnishing, sculpted wide fuel tank, attractive body graphics, and all-black engine & grab rail, accentuated by a chrome muffler cover. Its long seat ensures maximum comfort for both rider and pillion, making it an ideal daily companion. 

Equipped to meet the evolving needs of customers, the new Shine 100 DX comes with a digital LCD instrument cluster displaying real-time mileage, distance-to-empty, and service due reminders. It is offered in four vibrant colour options. They are – Pearl Igneous Black, Imperial Red Metallic, Athletic Blue Metallic, and Geny Gray Metallic.  

At the heart of the Shine 100 DX is a 98.98cc single-cylinder, fuel-injected, OBD2B compliant engine with Honda’s trusted eSP (Enhanced Smart Power) technology that produces 5.43 kW of power at 7500 RPM and 8.04 Nm of peak torque at 5000 RPM. The engine comes mated to a 4-speed gearbox. This motorcycle is equipped with telescopic front forks, 5-step adjustable rear shock absorbers, drum brakes with Honda’s Combined Braking System (CBS), and a high ground clearance to ensure confident handling on varied Indian road conditions. 

Honda CB125 Hornet, Shine 100 DX: Price and Availability

The all-new Honda CB125 Hornet has been launched at a limited period introductory price of

Rs. 1,12,000 while the Shine 100 DX has been priced at Rs. 74,959, all prices ex-showroom Gurugram (Haryana). Bookings for these motorcycles are now officially open. Customers can book these brand-new motorcycles from Honda either online by logging onto the company website (https://www.honda2wheelersindia.com/) or offline by visiting their nearest Honda authorized dealership. Deliveries of both these new motorcycles will commence from mid-August 2025 in a phased-wise manner, marking the beginning of an exciting new journey for Honda riders across the country.

Make and Model

Price (ex-showroom Gurugram, Haryana)

Honda CB125 Hornet

Rs. 1,12,000 (Introductory price)

Honda Shine 100 DX

Rs. 74,959




Thursday, July 31, 2025

Philip Morris International Named In The Top 5 Of Forbes’ 2025 Net Zero Leaders List



*PMI ranks No. 4 in the line-up of global net zero leaders, marking its third consecutive year on Forbes’ annual list

Philip Morris International Inc. (PMI) (NYSE: PM) has been recognized on the Forbes 2025 Net Zero Leaders1 list, ranking fourth in 2025. The list highlights the top 200 U.S. public companies best positioned to reduce their greenhouse gas (GHG) emissions.

Forbes compiled its list with data from Sustainalytics and Morningstar to access companies’ progress towards a net zero future. It evaluated each company’s management structure to aid in risk assessment, governance, strategy, and metrics for achieving decarbonization targets across scopes 1+2+3, as well as financial strength to withstand industry competition and economic turmoil.

“We are honored to be recognized by Forbes as one of the highest-ranked companies making great strides toward net zero. Addressing greenhouse gas (GHG) emissions is not just an environmental imperative but a strategic business priority that directly impacts our long-term viability, regulatory compliance, and competitive positioning,” said Navaneel Kar, Managing Director at IPM India.

“Our sustainability strategy remains deeply integrated with our business transformation,” explained Jennifer Motles, Chief Sustainability Officer at PMI. “It is a catalyst for building operational resilience, driving innovation, and creating long-term value. Initiatives such as our investment in renewable energy and supply chain optimization are grounded in data, transparency, and an ambition to strengthen both our environmental performance and our competitive position.”

Please visit pmi.com/sustainability to learn more about sustainability at PMI and for access to additional sustainability resources, including PMI’s Integrated Report 2024, TCFD Report, Preserve Nature Report, Reduce Post-Consumer Waste Strategy Report, Sustainability Materiality Report, and Low-Carbon Transition Plan.

Philip Morris International: A Global Smoke-Free Champion

Philip Morris International is a leading international consumer goods company, actively delivering a smoke-free future and evolving its portfolio for the long term to include products outside of the tobacco and nicotine sector.
For more information, please visit www.pmi.com and www.pmiscience.com.

Arctic Wolf Scales The Arctic Wolf Aurora Platform On Databricks Data Intelligence Platform

 ·         The Aurora Platform is the industry’s largest open security operations platform, built to operate at unmatched scale and velocity of threat detection 

Arctic Wolf®, a global leader in security operations, today announced a partnership with Databricks, the data and AI company, to further scale and support the rapid growth of the Arctic Wolf® Aurora Platform. By integrating the Databricks Data Intelligence Platform into the Aurora Platform data pipeline, Arctic Wolf is enhancing its ability to process massive volumes of security telemetry in real time and deliver fast scalable security outcomes across its global customer base.

Modern security operations are fundamentally a data challenge. As organizations adopt more security tools and cloud applications, security teams face an exponential increase in telemetry across all attack surfaces. The volume, diversity, and speed of this data make it difficult to detect threats, respond quickly, and reduce risk with confidence. Without a platform designed to operate at this scale, even well-resourced teams can become overwhelmed and miss critical attacks.


Arctic Wolf is addressing this challenge by building one of the most scalable, open, and high-performing platforms in cybersecurity. The Aurora Platform ingests and processes more than eight trillion security observations each week and over 300 petabytes of data annually. With the Databricks Data Intelligence Platform now deeply integrated in its foundation, Arctic Wolf can accelerate how it unifies telemetry from endpoints, cloud applications, identity systems, firewalls, and other data sources into a single, high-throughput environment. This deep integration between the two companies’ technologies will fuel the rapid evolution of the Aurora Platform and enable Arctic Wolf’s AI-powered Security Operations Center to deliver enhanced threat detection and response to its rapidly growing global customer community of more than 10,000 customers worldwide.

 

This data-driven foundation also amplifies the power of Alpha AI, Arctic Wolf’s industry-leading portfolio of predictive and generative AI technologies purpose-built for security operations. Informed by over 10 million hours of real-world human SOC experience, compounded over the last decade, and continuously improved using one of the industry's largest and most diverse sets of security telemetry, Alpha AI reduces alert fatigue, accelerates investigation workflows, and ensures customers can prioritize the threats most relevant to their environments.

 

"Modern cybersecurity is a data scale problem. The volume, variety, and velocity of telemetry demand a platform that can turn complexity and noise into clear outcomes," said Dan Schiappa, President, Technology and Services, Arctic Wolf. "Partnering with Databricks gives us the scalable foundation to action one of the industry’s most diverse security datasets for faster and better threat protection for our customers. It enables us to grow the Aurora Platform, expand our AI-powered SOC, and deliver faster, more reliable protection for our customers."


"Running security operations at scale demands a data architecture optimized for performance, agility, and real-time insights. Arctic Wolf is a leader in this space, having pioneered a unified approach to security operations through a single, integrated platform," said Omar Khawaja, Databricks Field CISO, VP Security. "By integrating the Databricks Data Intelligence Platform with Arctic Wolf's Aurora Platform, we're enabling them to fully harness the power of their security telemetry, driving faster, smarter decisions across one of the world’s largest commercial Security Operations Centers."

 

By leveraging the Databricks Data Intelligence Platform’s secure lakehouse architecture, Arctic Wolf ensures that all security telemetry is unified, governed, and protected with enterprise-grade security controls and compliance certifications. This foundation not only accelerates real-time threat detection and response but also empowers Arctic Wolf to continuously innovate with open, extensible integrations and advanced AI-driven analytics. The partnership enables Arctic Wolf to deliver on its mission to end cyber risk, providing customers with the confidence that their data is protected and their security operations are future-ready.

 

About Arctic Wolf
Arctic Wolf® is a global leader in security operations, delivering the first cloud-native security operations platform to end cyber risk. Built on open XDR architecture, the Arctic Wolf Aurora Platform operates at a massive scale and combines the power of artificial intelligence with world-class security experts to provide 24×7 monitoring, detection, response, and risk management. We make security work!

To learn more about Arctic Wolf, visit https://arcticwolf.com/

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