Tuesday, July 15, 2025

Cashless & Confident: This World Youth Skills Day, Visa shares smart financial tips for young India


The world is evolving at a rapid pace and India’s youth is skilling up to manage money confidently. This World Youth Skills Day, Visa shares essential money skills to help young Indians budget smarter, spend wisely, and shape a financially secure future.

  1. Analytical Thinking for Digital Spending Analysis: Use mobile wallets smartly with real-time alerts to track, analyze and streamline your spending. Stay in complete control by connecting your credit and debit cards only to trusted apps.

  2. Financial Management for Cash Flow Control: Efficiently manage spending by setting limits to manage your daily and weekly expenses. Enable SMS and app notifications to help you monitor all money in and out and stay on top of your cash flow.

  3. Technological Precision to avoid digital payment scams: Technology is reshaping the way we pay, demanding smarter habits to stay safe and swift in a connected world. Make the most contactless payments such as tap to pay which use two-factor authentication and AI-powered fraud detection for a secure and seamless checkout.

  4. Organisation & Time Management: Use digital tools to automate payments, track upcoming expenses, and align your spending with both short and long-term goals. A little planning today keeps you prepared and streamline your goals. 

Build skills that go beyond the screen because managing money wisely today means leading confidently in the digital world of tomorrow.

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.


Zayed National Museum To Open December 2025, Inviting The World To Discover The National Museum Of UAE


  • As a legacy of Sheikh Zayed’s vision, the museum stands not only as a guardian of the past but as a space for the world to connect with the evolving story of the United Arab Emirates

Zayed National Museum, the national museum of the United Arab Emirates, will open its doors in December 2025 in the heart of Saadiyat Cultural District Abu Dhabi, one of the highest concentrations of cultural institutions globally. The landmark institution honours the Founding Father of the United Arab Emirates (UAE), the late Sheikh Zayed bin Sultan Al Nahyan, and his commitment to education, identity and belonging.

Through immersive exhibitions, active research, and engaging public programming, the museum builds on Sheikh Zayed’s vision, upholding the values he stood for, including humanitarianism and preserving legacy. Visitors will explore six permanent galleries across two floors, spanning 300,000 years of human history, as well as a temporary exhibition gallery. The museum’s collection features artefacts from across the UAE, including donations that speak to the rich heritage of the country, in addition to domestic and international loans.

His Excellency Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, said: “The cultural legacy of the UAE has been nurtured over decades, from the establishment of its earliest cultural institutions to today’s expansive vision for cultural exchange and knowledge. Saadiyat Cultural District represents the next chapter in this national journey, curating world-class institutions that honour the past and engage the future. As the national museum of the United Arab Emirates, Zayed National Museum is the legacy of our Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan. It is a tribute to his boundless belief in people, in their ability to learn, to uphold the values of unity, compassion and national pride. This museum is more than a place of preservation; it is a promise to future generations, a beacon of our identity, and a space where our story is told not just through objects, but through emotion, memory and vision. This institution will carry our story forward for generations to come.”

The museum includes Palaeolithic, Neolithic, Bronze and Iron Age artefacts, uncovered by research teams across the United Arab Emirates over fifty years ago. These artefacts tell a story of resilience and resourcefulness of the country’s first communities, from the world’s oldest falaj irrigation system to evidence of Bronze Age copper mining.

Museum highlights will include the Abu Dhabi Pearl, one of the world’s oldest natural pearls, shedding new light on the history of pearling in the Arabian Gulf; the Blue Qur’an, one of Islamic art’s finest manuscripts; and a recreation of an ancient Magan Boat, the outcome of the museum’s first research partnership with Zayed University and New York University Abu Dhabi.

Designed by Pritzker Prize-winning architect Lord Norman Foster of Foster + Partners, the museum’s design embodies the heritage of the United Arab Emirates, which is at the forefront of its sustainable design. The five steel structures which rise above the museum are inspired by the wing of a falcon in flight, with falconry a practice that is an integral part of Emirati culture.

The museum will offer an inclusive and accessible experience that connects people across generations and geographies. Through its galleries, learning programmes, and pioneering research, it will bring global perspectives into dialogue with the UAE’s heritage and contemporary identity. From inspiring young people and engaging People of Determination and senior citizens, to driving international scholarship, Zayed National Museum will stand as a dynamic platform for cultural exchange and shared understanding.

As part of Saadiyat Cultural District’s mission to foster dialogue and promote cultural equity, Zayed National Museum will present collections and narratives that celebrate the region’s rich heritage while engaging with diverse global perspectives. It will stand alongside several globally renowned cultural institutions within the District, including Louvre Abu Dhabi, teamLab Phenomena Abu Dhabi, the upcoming Natural History Museum Abu Dhabi, and Guggenheim Abu Dhabi, reinforcing Abu Dhabi’s role as a global meeting place for culture, ideas, and innovation. 

About Zayed National Museum:

Zayed National Museum, located in the heart of Saadiyat Cultural District Abu Dhabi, is the national museum of the United Arab Emirates. Guided by the values of its Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, the museum tells the story of the nation from ancient times to present day. Through exhibitions, research and public programming, it explores the UAE’s history, culture and heritage, honouring Sheikh Zayed’s enduring legacy and his commitment to knowledge, unity and the preservation of Emirati identity.

 

About the Department of Culture and Tourism – Abu Dhabi:

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions.

 

By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism industries.

Tata Technologies Early Green Shoots, Yet To Pan Put

Rating: SELL | CMP: Rs717 | TP: Rs570

Q1FY26 Result Update

Quick Pointers:

*     Services segment declined due to project ramp up delays & deferrals

*     EBIT Margins declined by 210 bps QoQ due to missing operating leverage


The Services revenue de-growth (7.6% CC QoQ) was below our estimates (5.1% CC QoQ), largely due to delayed ramp ups and slower decision making within automotive vertical. Although the aerospace momentum continued through Q1, the weakness in the Heavy-Machinery segment led the decline (4.7% QoQ) in non-Auto business. The management anticipates recovery in Q2 on the back of strategic deals signings, while early green shoots are visible in term of improved client sentiment and robust order book, hinting to a better H2 over H1. We believe, with improved client confidence, the earlier investments that were kept on hold would get prioritized first, while the new projects would continue to be pushed for further clarity on the trade war. Given the Q1 drag and volatility in the non-Auto business, the ask-rate for the Service business seems to be meaningfully high (~5% CQGR) to deliver flat growth in FY26. The reported margins were tad below our estimates by 30bps QoQ due to lower employee utilization and operating de-leverage. We are keeping our margin estimates broadly unchanged, while baking in revenue decline of 3.0% and 1.2% for Service/Consol business in FY26E followed by 11.5% growth in FY27E for both Service/Consol. We are assigning 28x PE to FY27E, translating a TP of 570 and maintain our SELL rating.

Revenue: Tata Tech reported a revenue of USD 145.3 mn, down 4.6% QoQ in CC & 2% in reported terms. The revenue decline was above estimate of 5.7% QoQ CC due to strong performance in tech solutions. Services segment revenue came at USD 112.5 mn, down 7.6% QoQ CC was below our estimate of 5.1% due to continued weakness in automotive segment and heavy machinery segment due to macro uncertainties. Among services segment, both auto business (83% of mix) and non-auto business (17% of mix) declined by 4.7% QoQ each.


Operating Margin: Tata Tech reported EBIT margin of 13.6%, down 210 bps QoQ lower than our & consensus estimate of 13.9% & 14.7% respectively. The margin miss was largely due to missing leverage on account of weak performance. Segment wise, Services segments EBITDA margin declined by 630 bps QoQ while Tech Solutions EBITDA margin declined by 80 bps QoQ. Company reported PAT of INR 1.7 bn above our estimate of INR 1.4 bn due to higher other income.


Deal Wins: Tata Tech during the quarter won 6 large deals including 4 large deals of USD 10 mn+ and 2 deals with TCV of USD 5-10 bn. Management indicated that the deal wins in Q1FY26 is materially better than Q1FY25, with the strong deal closure observed at the end of June quarter.


Valuations and outlook: We estimate USD revenue/earnings CAGR of 5.1%/10.2% over FY25-FY27E. The stock is currently trading at a PE of 35x FY27E earnings, we are assigning P/E of 28x to FY27E with a target price of INR 570. We maintain our “SELL” rating.

Tata Motors Begins Delivery of 148 Advanced Starbus EVs to BMTC, Boosting Bengaluru’s E-Mobility Drive


Tata Motors, India’s largest commercial vehicle manufacturer, today announced the commencement of deliveries for an additional 148 advanced Tata Starbus electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC). This latest deployment builds on the successful operations of 921 electric buses in the city, further strengthening Bengaluru’s commitment to sustainable urban mobility. The fleet will be operated and maintained by TML Smart City Mobility Solutions Ltd., a wholly owned subsidiary of Tata Motors, under a 12-year contract.

The new electric buses were flagged off by Shri Ramalinga Reddy, Hon’ble Minister of Transport, Government of Karnataka and Shri Ramachandran R., IAS, Managing Director, BMTC joined by senior officials from the Government of Karnataka and BMTC.

 

Commenting on the induction of the fleet, Shri Ramachandran R., IAS, Managing Director, BMTC, said, “Tata Motors electric buses already running across Bengaluru have shown outstanding performance, clocking high uptime and meeting public expectations on comfort and convenience. Based on this success, we are pleased to induct additional 148 e-buses from Tata Motors. These buses will further enhance our ability to offer citizens a safe, sustainable and efficient travel option on a wider network across Bengaluru.”

 

Mr. Anand S, Vice President and Head – TML Smart City Mobility Ltd. & Commercial Passenger Vehicle Business, Tata Motors, said, “It is a momentous occasion as we commence deliveries for yet another fleet of our environment-friendly and efficient Starbus electric buses to BMTC as per schedule. We are honoured by the trust shown by BMTC not only for our products but also on our ability to deliver an unparalleled uptime for two years, clocking over six crore cumulative kilometres. We remain committed to supporting their vision for sustainable, public transport by delivering innovative e-mobility solutions backed by technology, service and execution.”

 

The Tata Starbus EV is engineered for intensive intra-city operations and offers best-in-class comfort, safety and high uptime. The advance electric bus comes equipped with new-gen electric powertrain, Electronic Stability Control, Electronic Brake Distribution and an Integrated Transport System. With a low-floor design, ergonomic seating for 35 passengers, it ensures a smooth, convenient ride. With zero tailpipe emissions, the Starbus EVs have significantly contributed to cleaner air in Bengaluru. As Bengaluru expands its green fleet, Tata Motors and BMTC continue to demonstrate how public transport can be both future-ready and citizen-first.

 

About Tata Motors:

Part of the USD 165 billion Tata group, Tata Motors Limited (BSE: 500570; NSE: TATAMOTORS), a USD 52 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,  trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

 

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

 

With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2025, Tata Motors’ operations include 93 consolidated subsidiaries, two joint operations, four joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.


Photo Caption - Shri Ramalinga Reddy, Hon’ble Minister of Transport, Government of Karnataka and Shri Ramachandran R., IAS, Managing Director, BMTC along with senior officials from the Government of Karnataka and BMTC flagging off Tata Motors’ advanced electric buses.

Monday, July 14, 2025

Ageas Federal Life Insurance Launches First-of-its-Kind “India Sector Leaders Fund”

  • Offers investors a unique opportunity to build long-term wealth

  • Fund available at ₹10 Net Asset Value (NAV) during the New Fund Offer (NFO) subscription period commencing from July 14

  • Becomes the first life insurer to offer this fund to its customers

Ageas Federal Life Insurance, one of India’s leading private life insurance companies, has announced the launch of its first-of-its-kind “India Sector Leaders Fund”. This unique fund allows investors to participate in domestic equities with a medium - to long-term investment horizon. With this launch, the company becomes the first life insurer to offer such a fund to its customers. 

The fund is being launched at a flat ₹10 Net Asset Value (NAV) and will be available for a limited period during its New Fund Offer (NFO) from July 14. The fund aims to deliver strong returns by investing in leading stocks of the BSE India Sector Leaders Index. 

Commenting on the launch, Mr. Atul Srivastava, Chief Distribution Officer, Ageas Federal Life Insurance, said, “At Ageas Federal Life Insurance, we are dedicated to enabling smarter investment choices that align personal financial goals with India’s long-term economic progress. The India Sector Leaders Fund is more than just a fund— it empowers individuals to invest with purpose and confidence. We are creating opportunities for today’s investors to participate meaningfully in India’s growth story. This reflects our unwavering commitment to innovation, customer-centricity, and robust financial solutions.”

The fund invests in 22 diverse sectors as defined in India Industry Classification Structure, offering a broad, sector-diversified portfolio that minimizes concentration risk while capturing opportunities across the market spectrum. 

Through this offering, Ageas Federal Life Insurance furthers its mission of simplifying wealth creation by delivering innovative, investor-centric financial solutions. To know more, visit your nearest Ageas Federal Life Insurance branch or consult your financial advisor.

TENDERCUTS GETS RECOGNISED FOR ITS “EXCEPTIONAL EMPLOYEE EXPERIENCE”


Path-breaking reforms introduced, employee empowerment and trust driving the brand’s growth now

TenderCuts, India’s first omnichannel meat and seafood brand, has been awarded the ET HR World Employee Experience Award 2025 for its culture-first approach during the restructuring post the crisis. The award was received by Sasikumar Kallanai, Co-founder of TenderCuts & Chief People Officer at an event held in the city recently.

On the honour, Sasikumar Kallanai, said, “We are elated at receiving this recognition for our conscious decision to make a culture-led comeback. The restructuring and revival efforts have been smooth, fruitful and profitable because of our employees. Their empowerment and the trust we placed on them aided the business transformation. This award is a tribute to the people who rebuilt the business from the frontlines. It is proof that resilience, trust, and inclusion can be more powerful than any cost-cutting strategy. We strongly believe that culture — not just capital — will be the differentiator in achieving that growth.”

TenderCuts implemented a radical reset of both its operating model and the workplace culture. Several people-centric reforms were introduced, moving human resources from being a support function to a strategic lever in driving profitability.  

As part of its HR 2.0 strategy, TenderCuts empowered store managers with full P&L responsibility, introduced career pathways for meat processing experts, and institutionalised recognition programmes like the Hall of Achievers. The brand also made significant strides in gender inclusion — with 4 out of 18 stores now led by women, and key corporate roles in L&D, infrastructure, and marketing held by women professionals. In a move to solidify its people-first identity, TenderCuts announced that all its front-end retail staff will be known as ‘Store Partners’. These Store Partners play entrepreneurial roles at work managing revenue, wastage and driving customer experience and bottom-line performance.

The company was also recently recognised as the Most Trusted & Futuristic Omnichannel Meat Retailer Brand of the Year 2025 and its founder received the Innovative & Outstanding Entrepreneur of the Year – South India award at The Great Indian entrepreneurship, design, business & startup awards & conference, 2025.  

ETHRWorld is the flagship digital platform for the HR vertical of The Economic Times, the second largest widely read business newspaper and digital media platform in the world.

Toyota Kirloskar Motor announces Six airbag as a standard and a New Accessory package “Prestige edition” in Glanza


  • Reinforces safety with the introduction of six airbags as standard across all variants

  • Enhanced value addition with the New ‘Prestige Package’

Toyota Kirloskar Motor (TKM) today announced two significant updates to its hatchback, the Toyota Glanza, aimed at further strengthening safety and enhancing overall customer value.

Safety First: Six Airbags Standard Across All Variants

Reinforcing its commitment to safety, all variants of the Toyota Glanza will now come equipped with six airbags as standard, offering comprehensive protection for both the driver and passengers.  Loved for its premium styling and fully loaded technology features, the Toyota Glanza continues to be a preferred choice among first-time car buyers, young professionals, and urban commuters. Winning hearts for its stylish design, fuel efficiency, and hassle-free ownership, the inclusion of six airbags as standard is expected to further strengthens its appeal while ensuring peace of mind for every customer.

Enhanced Value with the New ‘Prestige Package’

To further enrich the ownership experience, Toyota Kirloskar Motor has also introduced a limited period ‘Prestige Package’, a thoughtfully curated accessory bundle designed to elevate the Glanza’s style, comfort, and everyday convenience. Available from XX June to 31st July 2025, the Prestige Package includes dealer-fitted accessories, including:

  1. Premium door visors

  2. Body side moulding with chrome and black accents

  3. Rear lamp garnish

  4. Chrome garnishes for ORVMs and fenders

  5. Rear skid plate

  6. Illuminated door sills

  7. Lower grille garnish

Toyota Glanza - Smart Mobility Meets Everyday Practicality

Celebrating six years in India with over 2 lakhs of unit being sold, the Toyota Glanza has emerged as a preferred choice among Indian families, offering a winning combination of dynamic styling, fuel efficiency, advanced features, and Toyota’s renowned reliability. Powered by a 1.2-litre K-Series petrol engine, the Glanza offers impressive mileage of up to 22.94 km/l (AMT) and 30.61 km/kg (CNG), along with segment-leading features such as a 9-inch infotainment system, Head-Up Display (HUD), 360-degree camera, and Toyota i-Connect with 45+ connected features.

Designed for today’s urban lifestyle, the car stands out for its bold exterior styling—featuring a signature Toyota grille, LED projector headlamps, 16-inch alloy wheels, and a vibrant colour palette including Sporting Red, Insta Blue, Enticing Silver, Gaming Grey, and Café White.  The premium dual-tone cabin offers ample space, rear AC vents, automatic climate control, and tilt & telescopic steering for enhanced driving comfort. With safety features such as six airbags, Vehicle Stability Control (VSC), Hill Hold Assist, and a robust TECT body structure, the Glanza ensures a confident and secure driving experience.

The Toyota Glanza is designed not only to impress on the road but also to deliver complete peace of mind. Backed by a robust 3-year/100,000 km warranty—extendable up to 5 years/220,000 km—it ensures delightful ownership experience. This complemented by Toyota’s signature 60-minute Express Maintenance service, round-the-clock roadside assistance, and a host of flexible and customer-friendly finance options, make the Glanza a perfect choice. 

The Toyota Glanza with the enhanced feature upgrade starts at an attractive price of Rs. 6.90 lacs [ex showroom].

Customers can visit their nearest Toyota dealership or book online at https://www.toyotabharat.com/#

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