Friday, February 7, 2025

Toyota Kirloskar Motor Expands Road Safety Commitment With Successful Conclusion Of Toyota Safety Education Programme In Delhi


Reinforcing its commitment to road safety, Toyota Kirloskar Motor (TKM) today successfully concluded its flagship initiative, the Toyota Safety Education Programme (TSEP) – "Road Safety – My Right, My Responsibility"— at KV No. 2 Cantonment, Dr. Sarvapalli Auditorium, Delhi. This impactful event was graced by Chief Guest Mr. Rajnesh Singh – Director, Ministry of Heavy Industries alongside esteemed Guest of Honour Mr. S.K. Singh, Deputy Commissioner of Police (Traffic) and TKM's senior leadership, including Mr. Vikram Gulati, Country Head and Executive Vice President - Corporate Affairs and Governance, Toyota Kirloskar Motor.

Designed to instil a sense of responsibility among young road users, TSEP actively engages school children, empowering them to become road safety ambassadors within their communities. This initiative is part of TKM's broader vision to achieve zero road fatalities by nurturing future generations to adopt safer and more responsible road usage.

Building on the success of TSEP Batch 1 in Bangalore and today’s event in Delhi, TSEP will continue its expansion with sessions scheduled for Batch 2 in Bangalore on 8th February and Mumbai on 11th February. In 2025, the program aims to reach over 70,000 students and 600 teachers across 140 schools, demonstrating TKM's unwavering commitment to nationwide road safety education.

A highlight of the event was the creative involvement of students in engaging activities such as poster-making, skits, songs, Mad Ads, and fact-based video presentations. These interactive sessions offered a platform for students to showcase innovative solutions for promoting road safety, making the learning experience both enriching and enjoyable. The event also featured award ceremonies recognizing the exceptional efforts of participants in advancing road safety awareness.

The program’s measurable impact is evident, with participant awareness levels rising from 39% to 60% underscoring TSEP's effectiveness in instilling vital road safety knowledge and fostering positive behavioural change. To sustain momentum, each participating school established dedicated Road Safety Clubs led by teachers, fostering peer-to-peer learning and ongoing student engagement. These clubs have become pivotal in sustaining road safety initiatives within school communities.

TKM's holistic "Real World Safety" approach integrates safe vehicle manufacturing, user education, and traffic environment improvements to tackle India's road safety challenges. Since its inception in 2007, TSEP has impacted over 800,000 students nationwide, leveraging its "Child to Community" model to encourage students to become proactive advocates for road safety within their families and communities.

TSEP employs a distinctive and impactful ABC Approach:

Awareness: Raising awareness about road safety rules.

Behavioural Change: Encouraging positive behavioural shifts.

Campaigns: Engaging communities through innovative campaigns.

This comprehensive framework nurtures responsible behaviour and a lifelong commitment to safer road practices. Additionally, TSEP empowers educators by providing structured road safety training, enabling teachers to effectively guide students. The program also advocates for integrating road safety education into school curricula, ensuring sustained learning and lasting community impact.

Present at the occasion, the Chief Guest – Mr. Rajnesh Singh – Director, Ministry of Heavy Industries said, “Road safety is a critical concern in India, and it is imperative that we address it through sustained and impactful educational initiatives. Toyota Kirloskar Motor’s Safety Education Programme is a commendable step in this direction, engaging young minds to become ambassadors of road safety within their communities. By instilling the right knowledge and behaviours at an early age, we are not only shaping responsible citizens but also contributing significantly to the vision of safer roads across the nation. I am confident that programs like TSEP will inspire more organisations to take active roles in promoting road safety.”

Speaking at the event, the Guest of Honour – Mr. S.K. Singh, Deputy Commissioner of Police (Traffic) said, “Ensuring road safety requires collective responsibility, and education plays a pivotal role in shaping responsible road users from an early age. Toyota Kirloskar Motor’s Safety Education Programme is a remarkable initiative that empowers students to become proactive advocates for road safety, extending its impact beyond schools into communities. The enthusiasm and creativity displayed by these young minds today are truly inspiring, and I commend Toyota for its unwavering commitment to making India’s roads safer. By nurturing awareness, fostering behavioural change, and driving community engagement, this program is paving the way for a safer and more responsible future.”

Sharing his thoughts, Mr. Vikram Gulati, Country Head and Executive Vice President - Corporate Affairs and Governance, Toyota Kirloskar Motor said, “At Toyota Kirloskar Motor, safety is not just a priority—it is a core value. Being part of the automobile industry, our focus is not only on manufacturing safe cars but also on ensuring people’s safety on roads. Through the Toyota Safety Education Programme, we aim to nurture responsible road behaviour among the youth, driving a long-term impact in building safer communities. The overwhelming participation and creativity displayed by the students today reaffirm our belief in the power of education to bring about meaningful change. Our vision is to build a culture where safety is second nature to every individual, and I believe that by educating the youth today, we are building a safer tomorrow.”

TKM extends its sincere appreciation to all partner schools, teachers, and students whose unwavering support and creative contributions have significantly amplified the program’s outreach. Since 2001, Toyota Kirloskar Motor has been deeply engaged in community development through diverse initiatives in Education, Environment, Road Safety, Skill Development, Health, Hygiene, and Disaster Management. Through these sustained efforts, TKM has positively impacted over 2.3 million lives, reaffirming its commitment to fostering safer, healthier, and more empowered communities across India.

Radisson Hotel Group Marks Debut of Park Inn & Suites Brand In Yelahanka, Bengaluru


This opening marks the debut of the Park Inn & Suites brand in Bengaluru and will be the second operational hotel under this brand in India. The Group currently has five operational hotels across Bengaluru under multiple brands, including Radisson Blu, Radisson, and Radisson Individuals.

Radisson Hotel Group expands its brand presence in Bengaluru with the opening of Park Inn & Suites by Radisson Bengaluru Yelahanka, marking its sixth operational property in the city. As part of the Group’s master franchise partnership with Treebo Hospitality Ventures (THV), this launch contributes to the ambitious goal of establishing 150 hotels under the ‘Park Inn & Suites by Radisson’ brand over the next 10 years. This milestone reflects the Group’s vision to provide midscale hospitality solutions tailored to middle-income travellers in emerging markets. in emerging markets.

Strategically located in Yelahanka, the hotel blends leisure and business with its proximity to industrial areas like Doddaballapur and Bengaluru International Airport. Guests will also have convenient access to the city’s cultural and business landmarks, including Bangalore Palace, Nandi Hills, Vidhan Soudha, Manyata Business Park and UB City. Situated on the Yelahanka-Doddaballapur Highway, the property is a 25-minute drive from Kempegowda International Airport and just 15 minutes from Yelahanka Railway Station, making it ideal for travellers arriving by air, road, or rail.

“Park Inn & Suites by Radisson Bengaluru Yelahanka, our second operational hotel under this brand, marks a key step in Radisson Hotel Group’s expansion strategy. The brand’s conversion-friendly model and strong value proposition have driven its rapid growth. This opening reinforces our presence in Bengaluru and aligns with our long-term growth strategy in high-demand urban markets across India. Yelahanka, with its blend of business hubs and cultural landmarks, is an ideal location for this opening. We remain committed to expanding our presence and providing quality hospitality in key cities across South Asia,” said Nikhil Sharma, Managing Director & Area Senior Vice President, South Asia, Radisson Hotel Group

The hotel features a range of modern amenities designed to provide guests a memorable and comfortable stay. Guests can unwind and rejuvenate at the fitness center or indulge in a soothing experience at the wellness spa. For those looking to relax, the swimming pool provides the perfect escape, while the all-day dining and beverage options cater to every culinary need. For business or special events, the hotel has versatile banquet and meeting facilities with dedicated indoor and outdoor spaces.

“We are delighted to see Park Inn & Suites by Radisson establish its presence in Bengaluru with the opening of this property in Yelahanka. The brand’s ability to deliver world-class amenities and exceptional value at accessible price points resonates strongly with both travelers and hotel owners. This launch reflects the growing demand for midscale accommodations in key urban markets, and we are proud to contribute to Radisson Hotel Group’s vision of redefining hospitality standards across India. We look forward to building on this momentum and further expanding the brand’s reach with the trust and support of our partners,” said Sidharth Gupta, Co-founder & CEO, Treebo Hospitality Ventures.

“We are honored to collaborate with Radisson Hotel Group and Treebo Hospitality Ventures to bring Park Inn & Suites by Radisson to Bengaluru. This hotel is thoughtfully positioned to address the growing need for quality midscale accommodation in Yelahanka, a rapidly developing hub for industrial activities, connectivity, and cultural heritage. We are grateful to our partners for their trust in this venture and are committed to delivering a hospitality experience that aligns with Bengaluru’s dynamic growth and evolving needs” said Mahesh N R of Sai Leela Hospitality, the hotel’s Owner.

“We are thrilled to bring the debut of Park Inn & Suites by Radisson to Bengaluru, offering guests a perfect blend of comfort, convenience, and world-class hospitality in the dynamic hub of Yelahanka. With our strategic location and modern amenities, we are committed to delivering exceptional experiences for both business and leisure travelers” said, M. Sathya, General Manager of the hotel.

Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators with over 199 hotels in operation and development. It continues to be the largest hotel operator in a tier-1 market like Delhi NCR, while over 50% of its portfolio is in tier-2 and 3 markets. With hotels in over 114 destinations across India, Radisson Hotel Group has properties located within a 4-hour drive of each other. The Group has successfully introduced various brands to the growing Indian market, including Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson, Country Inn & Suites by Radisson, and Radisson Individuals and its extension Radisson Individuals Retreats

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. 

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