Friday, February 7, 2025

RedBeryl™ And D’MONDE Members Club Redefine Luxury With Exclusive Partnership


~ This collaboration brings bespoke concierge services, luxury travel, and curated experiences to D’MONDE members. ~

RedBeryl™, a premier luxury lifestyle management company, is proud to announce an exclusive partnership with D'MONDE Members Club, an elite network that is known to provide unparalleled privileges to its members. This collaboration is set to redefine the luxury lifestyle, giving members from both RedBeryl™ and D’MONDE access to a world of bespoke concierge services, luxury travel, curated dining, and exclusive events.

Through this partnership, members of RedBeryl™ and D'MONDE can enjoy the best of both worlds. RedBeryl™ will provide D’MONDE members with its signature offerings, including seamless travel arrangements through #TravelwithRED, exclusive culinary experiences with #TastewithRED, and tailored wedding planning through #WedwithRED. Whereas, RedBeryl™ members will gain privileged access to D’MONDE’s global network, enjoying its unique wellness privileges, and extraordinary curated events.

Talking about the partnership, Manoj Adlakha, Founder & CEO, RedBeryl™, said, “Luxury is not only about access but also about experiences that leave an indelible mark. At RedBeryl™, we go beyond expectations to create moments that feel effortless yet extraordinary. This collaboration with D’MONDE is an exciting step in bringing our signature services to a select group of connoisseurs who expect nothing less than the best.”

D’MONDE Management added, “This collaboration is yet another testament to D’MONDE’s ongoing commitment to enhancing the lifestyle of our members with new, exclusive benefits and experiences. We remain dedicated to offering sophisticated, personalized services that consistently redefine luxury, ensuring that our members have access to ever-evolving, bespoke moments that align with their unique tastes and desires.”

Through this collaboration, RedBeryl™ is setting a new benchmark for luxury living, transforming every experience into an art form. From travel to dining to weddings, RedBeryl™ ensures that every moment is tailored to the desires and tastes of its members.

Hero MotoCorp Reports Revenue Of Rs 10,211 Cr. In Q3 FY’25; PAT At Rs.1,203 Cr Grows By 12%


Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today, reported its financial performance for the third quarter (October–December 2024) of FY’25.

The company's Revenue from Operations for the quarter stood at Rs. 10,211 Crore, this is the third consecutive quarter when the Company has reported revenue above Rs.10,000 Crore. Furthermore, the EBITDA margin expanded over the previous year and stood at 14.5%. Profit After Tax (PAT) stood at Rs.1,203 Crore, a growth of 12% over the previous year.

The consolidated Revenue and PAT for the quarter were Rs.10,260 Crore and Rs.1,108 Crore, respectively.

The company declared an interim dividend of Rs. 100 per share i.e. 5000%.

Hero MotoCorp gained market share in the 100cc segment through Splendor and in the 125cc segment through Xtreme 125R and Super Splendor. It also reported the highest-ever quarterly retail sales, led by the highest-ever festive retail.

Hero MotoCorp’s growth was also led by robust performance in both the EV and global businesses. VIDA reported highest-ever monthly retails and gained market share during the quarter. The company also gained momentum in global business, growing ahead of the industry; Bangladesh and Colombia leading the way.

The company recently launched four products at the Bharat Mobility 2025, bolstering presence in premium and scooter segment. The deliveries of the new products will commence in March 2025.

Vivek Anand, Chief Financial Officer (CFO), Hero MotoCorp, said, “The performance in this quarter and fiscal year, reflects the successful execution of our strategic priorities. Demonstrating strong year-to-date results in both top-line and bottom-line growth, we have achieved the highest-ever nine-month revenue and profits.

“As we move into the next fiscal year, the products launched at Bharat Mobility will further strengthen our presence in the premium and scooter segments.

“The Union Budget 2025's emphasis on tax relief for the middle class, along with continued investment in infrastructure and support for the agricultural sector, is expected to boost consumer confidence and drive demand growth in the auto industry.”

Ujjivan Small Finance Bank Submits Application For Universal Banking Licence


Ujjivan Small Finance Bank (Ujjivan), one of the leading small finance banks has announced today the submission of the application for Universal Banking licence to the Reserve Bank of India (RBI).

This step aligns with the Bank’s long-term vision to strengthen its offerings and its position in the sector. The Bank has consistently demonstrated strong financial performance and a commitment to financial inclusion, serving a diverse aspiring customer base. Ujjivan is prepared to join the ranks of universal banks, considered a very significant milestone in its evolution, subject to RBI granting its approval to its application.

Commenting on the development, Mr. Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank said, “Following the guidelines set by the Reserve Bank of India (RBI), we have submitted our application today and are seeking the regulator's approval for the voluntary transition from a Small Finance Bank to a Universal Bank. The Bank has consistently demonstrated strong financial performance and a commitment to financial inclusion, serving a diverse customer base across the country. Securing the Universal Banking licence, if approved, will strengthen Ujjivan’s efforts to provide holistic financial services to its customers and empower all aspiring Indians with a wider range of banking solutions.”

The Bank recently announced its Q3 FY2025 results showcasing positive growth momentum across its business segments. The diversification of loan book has seen accelerated results, with the secured segment contributing to 39% to the overall loan book. With an inclusive approach to Micro Banking, the Bank recently reduced its interest rates for the Group and Individual Loan and now has one of the lowest interest rates among Small Finance Banks. This has been possible due to its performance and efficient management of microfinance stress through better asset quality.

About Ujjivan Small Finance Bank (www.ujjivansfb.in)

Ujjivan Small Finance Bank Limited is one of the leading small finance banks. Ujjivan Small Finance Bank began operations in February 2017 and currently serves ~93+ lakh customers through its 753 branches and 24,000+ employees spread across 26 states and union territories in India. Gross loan book stands at ?30,466 crore with a deposit base of ?34,494 crore as of December 31, 2024. The bank remains committed to serving unserved and underserved segments through financial and digital inclusion, as a mass-market bank. The strengthened digital interfaces across regions and languages have empowered Ujjivan SFB customers to seek timely and easy access to finance at all times. The Bank has been assigned a credit rating of AA- (Stable)/A1+ from CARE/CRISIL respectively towards its long-term bank facilities, fixed deposits and CD program depicting sustenance of Banks Performance.

FADA Releases Jan'25 Vehicle Retail Data For The State Of Karnataka


The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Jan'25 for the State of Karnataka.

Jan’25 Retails

Commenting on how Jan’25 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The month of January has been a good start to the calendar year 2025 in Karnataka for Auto retail. Most of the categories have seen a growth with PV at 6.66%, 3W at 11.22%, CV at18.17 and tractors at 7.91% While 2W is negative at -2.29%. We are hoping that the momentum will continue for the rest of the year with 2w also growing.”

Thursday, February 6, 2025

Boeing Plans To Deliver 2 Planes A Month In india During 2025


According to recent reports, Boeing is planning to deliver around 2 aircraft per week to India, which translates to roughly 8-10 planes per month, signifying a significant increase in deliveries to the Indian market over the coming year and a half. 

Key points about Boeing's India delivery plans:

High volume deliveries:

Boeing's India president, Salil Gupte, has stated that India could be receiving deliveries of 2 aircraft per week in the near future. 

Potential slowdown in 2025:

While the current delivery rate is expected to be high, some analysts predict a possible slowdown in 2025 due to global supply chain issues and potential production caps on Boeing aircraft. 

Impact on Indian airlines:

This increased delivery rate could help Indian airlines expand their fleets rapidly, particularly with carriers like Air India and Akasa Air placing large orders. 

Genpact Accelerates Innovation Through Service-As-Agentic-Solutions


* Moves beyond generic AI models to domain-specific autonomous agent-led delivery

Genpact (NYSE: G), a global advanced technology services and solutions company, today announced the launch of its Agentic Solutions as part of its pivot to reimagining delivery. Genpact’s Service-as-Agentic-Solutions will accelerate innovation for enterprises by fundamentally changing the way services are delivered, enabling business operations to evolve from traditional, linear models to autonomous agent-led delivery.

"The rapid evolution of intelligence is reshaping the future of work. Businesses are looking to effectively embed AI at scale,” said Balkrishan “BK” Kalra, President and Chief Executive Officer, Genpact. “The key unlock is mass personalization and precision supported by strong governance of autonomous agent-led delivery. Our deep domain and process expertise allow us to build scalable Agentic Solutions, empowering enterprises to realize the full potential of AI while enhancing control and trust.”

Accelerating the company's move to Service-as-Agentic-Solutions, Genpact is introducing its own Agentic Solutions. These are trained with an industry-specific semantic layer that allows agents to learn, adapt, and make autonomous decisions based on real-world feedback.

Genpact’s Agentic Solutions are uniquely positioned to: 

Enable mass personalization: Genpact’s contextual expertise facilitates modular design, ensuring flexibility, scalability, and efficiency in every solution. The company moves businesses beyond standardized processes to hyper-personalized, AI-driven service delivery.

Drive precision: Unlike generic AI implementations, Genpact embeds granular industry-specific knowledge into its agents – making them self-improving to drive precision, adaptability, and deeper insights.

Deploy responsible AI: As businesses delegate more tasks to AI, observability, security, and control become critical. Genpact’s teams act as guardians to agents by integrating guardrails and providing human oversight to monitor AI actions, prevent errors, and maintain compliance.

The first Agentic Solution to launch in a series is “Genpact AP Capture” from Genpact’s Accounts Payable (AP) suite, which is designed to modernize Accounts Payable. With pressure placed on today’s CFOs to evolve the way their teams work, Genpact AP Capture leverages data and insights to enable faster invoice extraction with higher precision to deliver superior value.

Genpact’s launch of Agentic Solutions follows the introduction of Genpact AI Gigafactory, an AI accelerator that enables clients to develop, deploy, and scale AI.

For more information – please visit: Service as Agentic Solutions | Genpact

About Genpact: Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook

GOD Launches As The Ultimate Hybrid In Luxury Couture & Modern Vedic Astrology


GOD, a new luxury brand, has officially launched on February 1st at 9:00 PM (IST), redefining fashion by blending ancient Vedic astrology with modern streetwear. GOD goes beyond style, offering a wardrobe that aligns with an individual’s life journey, fate, and energies.

Fate, Fashion, and the Power of Color

Google Trends has shown a 300% increase in searches for zodiac clothing and astrology fashion over the past five years. According to Vedic astrology, colors and authentic gemstones have the power to influence energy and fortune. Even modern psychology aligns with this, associating green with prosperity, blue with calmness, and red with confidence. GOD ensures that every outfit is both meaningful and stunning.

Personalized Energy Adjustments Through Fashion

GOD’s in-house astrologers perform a detailed analysis based on an individual’s astrological chart, numerology, and palmistry, using birth details to craft personalized garments. These outfits incorporate authentic gemstones, metals, fabrics, and colors that align with the wearer’s energy, designed to enhance well-being, relationships, health, and success.

“We are filling the gap in the personalized couture industry by integrating a person's cosmic alignment to their apparel. We are committed to serve the best quality fabric and gemstones with elegant designs that give it a modern streetwear touch.” Anchal Rai, Co-founder and CDO (Chief Design Officer) of GOD 

“Fashion has always been a statement of self. With GOD, we take it a step further—every piece is curated to align with the wearer’s cosmic energies, transforming fashion from mere expression into a journey of self-discovery.” Arya Pratap, Co-founder & CEO of GOD

The Future of Personalized Luxury

GOD is more than just a luxury brand—it is a revolution that merges personal energy, spirituality, and craftsmanship. Every piece is designed to reflect fate and undiscovered secrets, creating an entirely new category of cosmic luxury fashion.

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