Monday, May 26, 2025

Samsung Expands Its Premium Presence With First Experience Store In Indore’s City Center


* The Samsung Experience Store Brings Immersive Technology Experience To Indore’s Bustling Mobile And Technology Hub

* Spanning 1000 square feet, the store is a one-stop solution for Galaxy devices, and personalized tech learning experiences

* Exciting launch offers include free 30+ OTT subscriptions, 40+ brand gift card deals, Paytm First membership and buffet offers across 100+ restaurants

Samsung, India’s largest consumer electronics brand, has inaugurated its first retail experience store in City Center on MG Road in Indore, further strengthening its premium retail presence across the country.

The store offers an immersive experience to customers with dedicated zones featuring the latest smartphones, tablets, laptops and SmartThings. Here, they can have a first-hand experience of how Samsung's connected devices can transform their lifestyle into smarter and more convenient experiences.

Spread across 1000 square feet, the new store is designed to be a one-stop solution for consumers to experience Samsung’s cutting-edge innovation, connected ecosystem, and premium service centre all under one roof.

Strategically located in City Center, a vibrant educational hub in Indore known for its bustling youth demographic and growing tech adoption, the store aims to deliver emerging technologies and immersive technology experiences to next-gen consumers.

As part of its commitment to customer satisfaction and digital upskilling, this new store will also witness Samsung’s signature ‘Learn @ Samsung’ initiative, following its success across other stores in India. This initiative will offer a range of workshops aimed at empowering consumers, particularly millennials and Gen Z with knowledge and skills to utilize cutting-edge technology. The sessions will cover themes such as AI-enabled photography, productivity, creativity and doodling, providing hands-on experiences with Galaxy devices to enhance user engagement.

“The launch of our first premium experience store in Indore is yet another significant milestone in Samsung’s journey. This expansion is part of Samsung’s broader mission to democratize access to innovation by bringing premium offerings to all. This new store reflects our larger commitment to expanding our premium retail presence and delivering a truly one-stop solution that unites innovation, engagement, and customer satisfaction under one roof,” said a Samsung India spokesperson.

To celebrate the launch, customers visiting the store can avail:

Free 30+ subscriptions across leading OTT, music, wellness, and infotainment platforms.

Exclusive discounts on 40+ brand gift cards and 25+ top deals from premium brands.

Buy 1 Get 1 Free buffet deals across 100+ premium restaurants across India.

Paytm First membership rewards, special travel savings on flights, and discounts at 14,000+ restaurants nationwide.

In addition, the store features Samsung Store+, an intuitive digital platform that allows in-store shoppers to access detailed product information and opt for home delivery. A dedicated service centre has also been integrated within the store premises to further boost post-purchase support.

Samsung Newsroom India: Samsung Expands Its Premium Presence With First Experience Store In Indore’s City Center – Samsung Newsroom India.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, home appliances, network systems, and memory, system LSI, foundry and LED solutions, and delivering a seamless connected experience through its SmartThings ecosystem and open collaboration with partners. For latest news on Samsung India, please visit Samsung India Newsroom at http://news.samsung.com/in. For Hindi, log on to Samsung Newsroom Bharat at https://news.samsung.com/bharat. You can also follow us on Twitter @SamsungNewsIN.

Reliance General Insurance Delivers PAT Up YoY By 12.5 Percent At INR 315 Crore


* Gross Direct Premium Of INR 12,548 Crore - Up 7.4% YoY, Outpacing Industry Growth Of 5.2%

* IndusInd International Holdings Ltd, Mauritius, acquired the Company in March 2025

Reliance General Insurance Company Limited (the Company), delivered a resilient performance in FY 2024–25, underpinned by its digital-first approach, customer-centric products, and diversified distribution strategy. Reliance General Insurance continued to expand its footprint across retail, corporate and government business segments while maintaining robust risk management practices.

The Company, which faced strong headwinds being under IBC for nearly 4 years, has been acquired by IndusInd International Holdings Limited. (IIHL) In order to resurrect the position of the Company, the new promoter has already infused Capital amounting to Rs 300 crores. Distribution channel being one of the core advantages in the insurance business, Promoter’s adjacencies to a vast pan-India network, will also be a boost to the company’s reach.

Key performance highlights for the year ended March 31, 2025, are:

Gross Direct Premium (GDP): INR 12,548 crore – a YoY increase of 7.4%, outpacing general insurance industry growth of 5.2%. With effect from October 1, 2024, Long-term Products are accounted on a 1/n basis, as mandated by IRDAI. Adjusted for the 1/n accounting impact, GDP growth stands at 8.5%.

Profit After Tax (PAT): INR 315 crore – a YoY growth of 12.5%.

Investment Book: INR 21,358 crore – up from INR 20,514 crore in FY24, with one of the best Investment AUM to Net Worth ratio of 6.2x, indicating a strong cash position.

Net Worth: INR 3,429 crore – an increase of 10.2% YoY.

Solvency Ratio: Maintained at 1.59x – comfortably above the regulatory requirement of 1.50x.

Capital Infusion: INR 100 crore infused in May 2025 by the parent company, Reliance Capital Limited, reinforcing the company’s financial strength and growth momentum.

Operational Highlights:

Expanded National Reach: Over 1,15,000+ customer touchpoints established across India, enhancing service accessibility.

Innovative Product Launches: Introduction of new-age insurance solutions across motor, health, and SME segments to meet evolving consumer demands.

Claims Excellence: Achieved a best-in-class claims settlement ratio of 99.57% (Claims settled < 3 months), reinforcing the Company’s reputation for reliability and customer trust.

Technology-Driven Growth: Continued investments in AI-led underwriting and digital solutions to improve efficiency, risk assessment, and customer experience.

Commenting on the Company’s performance, Mr. Rakesh Jain, CEO of Reliance General Insurance, said:

"FY 2024–25 marked a year of disciplined execution, strategic investments, and resilient growth, even in a dynamic and challenging market environment. Our continued focus on delivering seamless customer experiences, adopting cutting-edge technologies, and investing in talent has helped us build a strong, future-ready organisation. We remain steadfast in our commitment to protecting the aspirations of millions of Indians through innovative and trusted insurance solutions."

He further added that "The successful conclusion of the CIRP of Reliance Capital Limited in March 2025 has opened a transformative new chapter for us under the stewardship of IndusInd International Holdings Limited (IIHL). With IIHL’s strong financial backing and proven expertise in financial services, we are confident in our ability to accelerate our growth journey and lead the next wave of innovation in India’s general insurance sector."

The strategic support and long-term vision of IIHL are expected to bring enhanced operational agility, capital strength, and digital innovation capabilities to RGICL. This partnership will empower the Company to scale new heights by deepening distribution partnerships, embracing cutting-edge technologies, and reinforcing its commitment to customer-first innovation.

Well-positioned in a growing market, Reliance General Insurance is now equipped to lead the next wave of growth in India’s general insurance sector, delivering greater value to policyholders, partners, and stakeholders alike.

The Company has been awarded the Best Brand award by ET Now, Best Use of Technology & Best CX Team of the year 2025 by Bharat BFSI Leadership Summit & Awards. The company is also recognised as a “WOW Workplace 2025” by Jombay, reflecting the company’s commitment to creating an inclusive, empowering, and engaging workplace.

About Reliance General Insurance

Reliance General Insurance, a subsidiary of Reliance Capital, is one of India’s leading general insurance companies. The Company offers a well-rounded and comprehensive bouquet of products, including Motor Insurance, Health Insurance, Travel Insurance, and Home Insurance. It provides customised solutions to meet the protection needs of each customer. Reliance General Insurance has a robust network of more than 1,15,000+ intermediaries and 128 branches across India for offering its products and services to retail, corporate, and SME clients.

About IndusInd International Holdings Limited (IIHL):

IIHL’s vision is to be a Global Financial Services Institution with a commitment to excellence in international orientation, innovation, speed, and strict compliance with the principles of good corporate governance. With a current net worth of USD 2.65 bn, IIHL is committed to maintaining value-accretive dynamic growth through ongoing investment and acquisition of high-value assets.  IndusInd Bank, established in 1994, is a digitally driven innovative universal Bank with a widespread banking footprint with over 35 million customers, 6100+ distribution points across India, along with offices at London, Dubai & Abu Dhabi. With 359,000 shareholders, of which 67.67% are marquee International Institutional Investors, its shares are listed at the Bombay Stock Exchange & National Stock Exchange, whereas GDRs are listed on the Luxembourg Stock Exchange, with a current market cap of USD 14.5 bn.

Friday, May 23, 2025

Samsung Becomes First Brand To Cross INR 10000 Crore In TV Sales In India


Samsung, India’s largest consumer electronics brand, announced today that its television business has crossed INR 10000 crore in sales in calendar year 2024. This makes Samsung the first brand in India to achieve the significant milestone in the television industry. Samsung said it is confident of achieving double-digit growth in 2025, driven by an expansive portfolio of premium offerings and growing demand for large-screen, AI-powered televisions.

“2024 was a landmark year for Samsung India. In value terms, we achieved a turnover of INR 10000 crore. We now aspire to grow in double-digit this year backed by our new AI TV lineup that breathes new life into every frame, setting a new benchmark for cinematic excellence at home. With this new era of AI-powered screens, we are confident of accelerating next-generation TV adoption and strengthening our leadership in India’s premium television segment,” said Viplesh Dang, Senior Director, Visual Display Business, and Samsung India.

Samsung recently unveiled its 2025 TV lineup of Vision AI-powered televisions in India, with the introduction of more than 40 models across Neo QLED 8K, Neo QLED 4K, OLED, QLED and The Frame. Samsung Vision AI represents a major leap in making screens smarter, more intuitive and deeply personal. It transforms televisions into adaptive hubs, responsive to their environment and user behaviors. They seamlessly blend into everyday life, making the TV an intelligent partner rather than just a display. Samsung Vision AI delivers real-time optimization of picture and sound, gesture-based navigation, and smart home integration via SmartThings.

Samsung’s 2025 lineup, priced between INR 49490 to INR 1100000, underscores Samsung’s strategy to democratize cutting-edge innovations across wider price points and screen sizes. The Vision AI-enabled line-up also introduces innovations like AI Upscaling Pro, Glare-Free viewing, and Generative Art Wallpapers, making Samsung TVs not just entertainment devices but intelligent lifestyle hubs for the modern Indian home.

Samsung is positioning itself for long-term leadership in India’s TV market as it continues to cater to value-conscious consumers through its 43-inch and mass-market range, while driving value and volume growth in the expanding premium category. With a strong offline footprint and a robust product roadmap, Samsung is well placed to accelerate the shift towards AI-enabled, immersive home entertainment in India.

Honda Motorcycle & Scooter India Launches All-New “CB750 Hornet” And “CB1000 Hornet SP”


* ‘Bookings Open’

Honda Motorcycle & Scooter India (HMSI) announced the launch of two powerful new additions to its premium portfolio – the “CB750 Hornet” and the “CB1000 Hornet SP”. Bookings for both the motorcycles are now open and their deliveries are set to commence from June 2025 onwards. The All-New Honda CB750 Hornet has been priced at Rs. 8,59,500 and the CB1000 Hornet SP has been priced at Rs. 12,35,900, ex-showroom Gurugram. The CB750 Hornet will be available across all BigWing Topline and BigWing dealerships while the CB1000 Hornet SP will be sold exclusively through BigWing Topline dealerships in India.

Introducing the new premium motorcycles, Mr. Tsutsumu Otani, Managing Director, President & CEO, Honda Motorcycle & Scooter India, said, “The Indian premium motorcycle segment has shown tremendous growth over the years, especially among young and passionate riders looking for performance with style. With the launch of the CB750 Hornet and CB1000 Hornet SP, we aim to further strengthen our presence in the fun biking space. These motorcycles are a true representation of Honda’s legacy of engineering excellence, aggressive design, and thrilling performance. We are confident these Hornets will strike a chord with riders who seek a dynamic and sporty riding experience.”

Speaking on the launch, Mr. Yogesh Mathur, Director, Sales and Marketing, Honda Motorcycle & Scooter India, said, “Hornet has always held a special place in the hearts of enthusiasts, and with the introduction of the CB750 and CB1000 Hornet SP, we are taking that legacy to the next level. These motorcycles combine cutting-edge technology, iconic design, and a commanding road presence, making them a compelling choice in their respective segments. The growing appetite for performance motorcycles in India excites us, and we believe these Hornets will resonate with every thrill-seeker out there. We look forward to a great response from the biking community.”

Aggressive Streetfighter Design and Striking Colour Options

Under the styling concept of ‘Aggressive X Pure’, both the CB750 Hornet and CB1000 Hornet SP flaunt a muscular streetfighter design with sharp bodywork, and aggressive tank shrouds. They also get an all-LED lighting system with a striking headlamp that enhances their commanding road presence. The CB750 Hornet will be available in two bold colour schemes – Matte Pearl Glare White and Matte Ballistic Black Metallic. The flagship naked streetfighter, CB1000 Hornet SP, will be available in a single Matte Ballistic Black Metallic shade and its strength is given a special touch with the addition of gold accents.

Advanced Hardware and Hi-tech Features

Engineered for high-performance fun maneuvering, both these street naked motorcycles feature top-tier hardware components. The CB750 Hornet comes equipped with a SHOWA SFF-BPTM inverted fork at the front and a monoshock damper with Pro-Link swingarm at the rear for high quality ride comfort in speed ranges on a variety of roads. The CB1000 Hornet SP features a SHOWA SFF-BP inverted fork at the front and new ÖHLINS TTX36 at the rear for high-speed operability.

Braking duties are managed by dual front disc brakes with 310mm Brembo radial-mount calipers for CB1000 Hornet SP and at the rear it gets a 240mm disc. The CB750 Hornet gets 296mm dual front disc brakes and a 240mm disc at the rear. Both the models feature dual-channel ABS for additional safety. These naked streetfighters boast a 5.0-inch full-colour TFT display with Honda’s RoadSync app connectivity that allows seamless smartphone connectivity for navigation, call alerts, and music control via Bluetooth. They also get a new illuminated multi-functional switch on the left side of handlebar which facilitates operations intuitively such as adjusting ultiple settings.

Brisk Performance and Electronic Aids

Powering the Honda CB750 Hornet is a newly developed inline 2-cylinder, 755cc, 4 Stroke,

8 valves, liquid cooled engine with a 270-degree crank. This motor churns out 67.5 kW of power at 9,500 RPM and 75 Nm of peak torque at 7,250 RPM. The flagship CB1000 Hornet SP is powered by a 999cc, liquid cooled, 4 Stroke, 16 valves, Inline Four DOHC engine that puts out a whopping 115.6 kW of power at 11,000 RPM and 107 Nm of torque at 9,000 RPM. They come mated to a 6-speed gearbox and get an assist & slipper clutch as well.

The CB750 Hornet gets four riding modes – Sport, Standard, Rain, and User. The flagship CB1000 Hornet SP gets five riding modes. While Sport, Standard, and Rain modes remain the same for both models, it gets two rider customizable User modes which allows the riders to customize it as per their preference. Additional rider aids include Honda Selectable Torque control which can be adjusted at three different levels to suit to rider’s preference, and emergency stop signal, making every ride safe. The CB1000 Hornet SP also features a bi-directional quickshifter as standard.

Pricing and Availability

The all-new 2025 Honda CB750 Hornet has priced at Rs. 8,59,500 (ex-showroom), while the flagship CB1000 Hornet SP carries a price tag of Rs. 12,35,900 (ex-showroom). Bookings for both the motorcycles are now open and their deliveries are set to commence from June 2025 onwards. One can also book them online via Honda BigWing India’s official website (www.HondaBigWing.in). The CB750 Hornet will be available across all BigWing Topline and BigWing dealerships while the CB1000 Hornet SP will be sold exclusively through BigWing Topline dealerships in India. With a legacy rooted in performance and style, the new Hornets are all set to create a buzz in the market.

Vedanta – Iron Ore Karnataka Achieves Landmark ‘Single-Use Plastic Free’ Certification


Vedanta Sesa Goa – Iron Ore Karnataka has been recognised for championing action against the usage of ‘Single Use Plastic’ (SUP),  underscoring the Company’s focus on driving holistic sustainability & in ensuring adherence to global standards. Vedanta IOK has been certified as a ‘Single-Use Plastic Free Operation’ mining site, thus becoming one of the first mining operation sites in India to achieve this milestone.

This certification, issued by the Indian Register Quality Systems (IRQS), a division of IRCLASS Systems and Solutions Pvt. Ltd. (ISSPL), was authorised by Shashi Nath Mishra, Chief Operating Officer, ISSPL, and recognizes Vedanta Sesa Goa’s unwavering commitment to eliminating SUP across its operations, from administrative offices to mining sites. The development is in line with the World Environment Day 2025 theme – ‘Beat Plastic Pollution’, with a focus on ending plastic pollution.

On receiving the certification, Shrishaila Gouda, CEO, Vedanta – IOK said, “I am extremely proud of the ‘Single-use plastic’ certification received by Vedanta – IOK & congratulate the entire team for achieving te same. Over the years, we at Vedanta IOK, have demonstrated continuous commitment towards environmental sustainability through cleanliness awareness sessions, sapling plantations, deployment of EVs & water conservation. We are proud to lead by example & will continue to progress our efforts for fostering a more sustainable Planet.”

To qualify for the presitigious certifications, Company’s go through a rigorous audit & Vedanta IOK successfully implemented a multi-pronged strategy for elimination of SUP. Actions that were taken included biurcation of plastic waste and a ban on Single-use plastics, replacing plastic packaging with biodegradable alternatives, plastic tumblers with ceramic and steel tumblers, plastic & paper plates with ceramic plates, plastic bubble wrap with paper bubble wraps or air pillows for packaging, installing water refill stations to eliminate bottled water, and conducting awareness drives and sessions for employees and local communities.

As a part of sustainability efforts, Vedanta IOK has gradually adopted RE, onboarded EVs for commute & also introduced EV wheel loaders, consistently carried out water conservation & plantation drives. The ongoing campaign across Vedanta Sesa Goa - ‘IronWill4GreenerPlanet’ – is spreading awareness among both internal & external stakeholders.

The SUP free certification of Vedanta IOK is a step towards IOK becoming a green mining site, and the team is now focused on promoting circular economy models, boosting green innovations, and driving large-scale behavioural change towards environmental protection.

Mark Every Milestone In Style With Mia By Tanishq’s Exciting Offers, This ‘Joy Of Gifting’ Season


* From aisle walks to graduation caps—make every moment sparkle 

Mia by Tanishq, one of India’s leading fine jewellery brands, announces the ‘Joy of Gifting Festival’, just in time for the wave of the wedding season and graduation celebrations. This limited-time offer gives customers flat 20% off on making charges of diamond jewellery, making it the perfect time to gift something precious for the many milestones life brings.

With the wedding season in the air, Mia offers a thoughtful curation of jewellery that makes gifting effortless—whether you're honouring the bride on her big day, curating meaningful pieces for the bridesmaids, or looking to gift the family and friends of the couple. Mia’s contemporary yet timeless designs cater to every kind of celebration, ensuring that your gift is as memorable as the moment itself.

Beyond weddings, the Joy of Gifting Festival arrives at the perfect moment for students graduating into new chapters of their lives. Celebrate academic milestones with a piece of fine jewellery that marks not just achievement, but the promise of what lies ahead. Whether it’s for a loved one or a personal reward, Mia's stunning assortment of collections are perfect to make graduation moments shine.

Mia by Tanishq offers an array of collections, made in 14kt and 18kt gold, adorned with certified natural diamonds. Available at sweet selling price points, the brand offers versatile pieces that can be worn everyday or thoughtfully gifted to loved ones. Innovative designs, including elaborate earcuffs, brooches that double as pendants, lightweight earrings, stackable bracelets, trendy sui-dhagas and intricate ring. The brand’s latest collection – The ‘Mia Fiora’ Collection brings delicate floral motifs to life, featuring intricate designs that reflect the freshness of spring and the essence of personal growth. Gold filigree petals, dainty layered patterns, and hand-carved stones come together to create pieces that celebrate sophistication and individuality.

Available from 23rd May to 8th June, the offer is valid at all Mia by Tanishq stores and online at www.miabytanishq.com. Don’t let the offers slip away – visit your nearest Mia store or shop online at their website.

*Terms and Conditions apply. 

PETRONAS TVS Racing Gears Up For The 17TH INSC With Stellar Rider Line-Up And Upgraded Race Machines


Backed by a rich racing pedigree since 1982, PETRONAS TVS Racing is set to ignite the track once again at the 2025 season of the FMSCI Indian National Supercross Championship (INSC), which begins in Vadodara on May 23–24, 2025. After a dominant 2024 season that reaffirmed its leadership in Indian two-wheeler racing, India’s first factory racing team returns with renewed focus, upgraded machines, and a powerful 8-rider line-up. The squad includes seasoned champions and expert riders like Rugved Barguje, Ikshan Shanbhag, and Prajwal V, who will compete in Group A – Foreign Open SX1, along with Imran Pasha, Banteilang Jyrwa, and D Sachin, who will race in Group B – Indian Expert category. They are joined by rising talents Jayden Wandame Nongkhlaw and Shailesh Kumar, who will compete in the Indian Novice Group B.

PETRONAS TVS Racing will field its state-of-the-art TR 300X (Group A – up to 500cc) and TR 200X (Group B – up to 260cc) race machines this season. These upgraded bikes feature advanced camshaft and cylinder head designs that deliver superior mid-range torque and high-RPM performance. With improved suspension systems and refined ergonomics, the machines promise enhanced control, traction, and cornering agility giving TVS racers a competitive edge on the track.

Vimal Sumbly, Head Business – Premium, TVS Motor Company said, "Building on last year’s championship triumph, PETRONAS TVS Racing is geared up to set new benchmarks in 2025. All upgrade to our machines and every hour dedicated to rider development reflects our unwavering commitment to excellence and innovation. Our 8-rider line-up is a perfect blend of experience and emerging talent, ready to push the limits. We are proud of the incredible momentum we've built over the years — from consistent podium finishes to nurturing India’s finest Supercross champions. This year is even more special as we celebrate 20 years of our flagship performance brand, TVS Apache, which perfectly embodies our ‘Track to Road’ philosophy. As we charge into the new season, we aim not just to race, but to raise the bar for motorsports in India once again."

Underscoring its long-standing commitment to developing Indian motorsport talent, PETRONAS TVS Racing continues to invest heavily in training of the racers. For the new season of INSC, TVS Racing has invested in Advanced SX training sessions, especially for SX1-class riders, aimed at enhancing endurance, agility, and tactical skills to equip athletes for the rigorous physical and strategic demands of elite Supercross racing.

For over 43 years, TVS Racing has been at the forefront of Indian motorsports, continuously pushing the boundaries of racing excellence. This commitment to innovation and performance extends beyond the racetrack into TVS Motor Company’s flagship motorcycle brand, TVS Apache, which celebrates 20 years of engineering excellence this year. The TVS Apache series embodies TVS Racing’s ‘Track to Road’ philosophy, integrating race-derived technology into high-performance motorcycles. Spanning 160cc, 180cc, 200cc, and 310cc models, the lineup features segment-first innovations, from ride-by-wire technology to race-tuned fuel injection.

With over 400,000 riders in the Apache Owners Group (AOG), TVS Apache has built a passionate global community, bringing the thrill of racing to streets and track enthusiasts alike. As it enters its next chapter, TVS Apache remains dedicated to offering cutting-edge performance, redefining what it means to ride with power and precision.

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