IHCL Announces Signing Of Gateway Hotel In Hennur, Bengaluru

The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, today announced the signing of a Gateway hotel in Hennur, Bengaluru. This is a greenfield project.

Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Bengaluru’s growth story continues to evolve with suburbs and satellite cities emerging as vibrant development hubs. North Bengaluru, in particular, has transformed into one of Karnataka’s fastest-growing corridors, propelled by infrastructure upgrades and sectors such as technology, aerospace and education. Capturing the growing need for quality hospitality, Gateway Hennur will offer a contemporary experience that complements the city’s expansion. We are delighted to extend our partnership with Mr. Sanjay Suresh with this project.”

The 350-key Gateway Hennur, Bengaluru, will serve as a gateway to the destination. Guests can indulge in diverse culinary experiences at an all-day dining restaurant, a stylish bar, a specialty restaurant and a lounge. For events and conferences, the hotel offers banqueting facilities spanning over 16,000 sq. ft., supported by state-of-the-art meeting rooms. Wellness and recreation will be integral to the experience, with a fully equipped gym, health club, swimming pool and dedicated treatment rooms for rejuvenating therapies.

Mr. Sanjay Suresh, Managing Director, Billore Ventures Pvt Ltd, said, “We are happy to continue our longstanding partnership with IHCL and add a Gateway to our offerings.”

Hennur, a rapidly developing suburb in North Bengaluru, is strategically located near major IT hubs and the airport, offering excellent connectivity to key attractions in the city centre.

With the addition of this hotel, IHCL will have 20 hotels in Bengaluru, including 11 under development.

About the Owning Company

The project is being developed by Mr Sanjay Suresh, Managing Director for Billore Ventures Pvt Ltd. An architect by profession, Mr. Sanjay Suresh is in the business of real estate and developing residential project.

About The Indian Hotels Company Limited

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.

Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 610 hotels including 253 in the pipeline globally across 4 continents, 14 countries and in over 250 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.

Please visit: IHCL; Taj; Claridges Collection; SeleQtions; Tree of Life; Vivanta; Gateway; Ginger

Yuma Energy Partners With Motovolt Mobility To Deploy 15,0000 Yuma Energy Vehicles

* Partners With Motovolt Mobility To Deploy 15,0000 Vehicles

* Powering the next generation of electric two-wheeler fleet in India

Strategic alliance integrates Motovolt’s multi-utility electric scooter with Yuma Energy’s robust battery-swapping network, strengthening personal to logistical mobility solutions

Yuma Energy, India’s leading battery-as-a-service (BaaS) company, has partnered with Motovolt Mobility, an advanced and reliable electric two-wheeler solutions provider, to advance electric two-wheeler accessibility and affordability. Under this partnership, Motovolt’s flagship multi-utility electric scooter, M7, will be powered by Yuma Energy’s seamless battery swapping technology, addressing range anxiety, battery-related concerns, and higher ownership costs. Together, the two companies will roll out 15,000 M7 scooters for fleet operations by the end of 2026, helping more riders access reliable, affordable, and always-ready electric mobility.

Concerns around range anxiety, limited charging infrastructure, high upfront cost of batteries, and battery technology are some of the challenges faced by the EV industry. This alliance confronts and addresses them: battery swapping has emerged as a compelling solution, as it separates the upfront battery cost from the vehicle purchase. Therefore, under this collaboration, Motovolt’s M7 will plug directly into Yuma’s growing swapping network, making charging as quick as a stop. For fleet operators and delivery partners who depend on every minute of uptime, this means dependable performance, lower running costs, and cleaner rides across India’s busiest cities.

Muthu Subramanian, MD & GM, Yuma Energy, said, “The M7 is a strong, well-built machine, and we’re thrilled to power it with Yuma’s next-gen battery and reliable swapping network. This partnership helps us build an ecosystem that puts riders first and accelerates India’s electric future.”

Tushar Choudhary, Founder & CEO, Motovolt Mobility, commented on the collaboration, “We are excited to join hands with Yuma Energy and help our customers, riders and fleet operators to leverage the benefits of green mobility. As a domestic OEM, we believe affordable and reliable electric two-wheelers can lead towards economic prosperity across urban and semi-urban areas. Keeping that in mind, we have developed vehicles that are high on utility and an asset for the consumer, like our M7. Through this collaboration, we aim to advance clean mobility in everyday lives as well as last-mile deliveries, and address the challenges in EV adoption for individual riders and fleet operators.”

This strategic initiative between Yuma Energy and Motovolt Mobility is aligned with India’s broader electrification goals, along with sustainable transportation and lower carbon emissions. Further, this collaboration gives the end user complete peace of mind with a lifetime battery warranty and enhanced vehicle uptime.ehicles, powering the next generation of electric two-wheeler fleet in India

Strategic alliance integrates Motovolt’s multi-utility electric scooter with Yuma Energy’s robust battery-swapping network, strengthening personal to logistical mobility solutions

Yuma Energy, India’s leading battery-as-a-service (BaaS) company, has partnered with Motovolt Mobility, an advanced and reliable electric two-wheeler solutions provider, to advance electric two-wheeler accessibility and affordability. Under this partnership, Motovolt’s flagship multi-utility electric scooter, M7, will be powered by Yuma Energy’s seamless battery swapping technology, addressing range anxiety, battery-related concerns, and higher ownership costs. Together, the two companies will roll out 15,000 M7 scooters for fleet operations by the end of 2026, helping more riders access reliable, affordable, and always-ready electric mobility.

Concerns around range anxiety, limited charging infrastructure, high upfront cost of batteries, and battery technology are some of the challenges faced by the EV industry. This alliance confronts and addresses them: battery swapping has emerged as a compelling solution, as it separates the upfront battery cost from the vehicle purchase. Therefore, under this collaboration, Motovolt’s M7 will plug directly into Yuma’s growing swapping network, making charging as quick as a stop. For fleet operators and delivery partners who depend on every minute of uptime, this means dependable performance, lower running costs, and cleaner rides across India’s busiest cities.

Muthu Subramanian, MD & GM, Yuma Energy, said, “The M7 is a strong, well-built machine, and we’re thrilled to power it with Yuma’s next-gen battery and reliable swapping network. This partnership helps us build an ecosystem that puts riders first and accelerates India’s electric future.”

Tushar Choudhary, Founder & CEO, Motovolt Mobility, commented on the collaboration, “We are excited to join hands with Yuma Energy and help our customers, riders and fleet operators to leverage the benefits of green mobility. As a domestic OEM, we believe affordable and reliable electric two-wheelers can lead towards economic prosperity across urban and semi-urban areas. Keeping that in mind, we have developed vehicles that are high on utility and an asset for the consumer, like our M7. Through this collaboration, we aim to advance clean mobility in everyday lives as well as last-mile deliveries, and address the challenges in EV adoption for individual riders and fleet operators.”

This strategic initiative between Yuma Energy and Motovolt Mobility is aligned with India’s broader electrification goals, along with sustainable transportation and lower carbon emissions. Further, this collaboration gives the end user complete peace of mind with a lifetime battery warranty and enhanced vehicle uptime.

Yamaha Introduces 70th Anniversary Special Pricing On Its Flagship R15 Series

Continuing the celebrations of Yamaha Motor’s 70th Anniversary, India Yamaha Motor has introduced special price savings of ₹5,000 on the Yamaha R15 series, effective from 5th January. As part of this anniversary initiative, the Yamaha R15 series now starts at ₹1,50,700 (ex-showroom, Delhi), reaffirming Yamaha’s commitment to making its iconic sport motorcycles more accessible to enthusiasts.

Since its introduction, the Yamaha R15 has been instrumental in shaping India’s entry-level performance motorcycle segment, earning widespread recognition and strong acceptance among the country’s youth for its race-derived design, cutting-edge technology, and everyday rideability. With over one million units produced in India, the R15 stands as a milestone product that reflects Yamaha’s strong manufacturing capabilities and its deep-rooted connection with Indian motorcycling culture.

Powered by Yamaha’s advanced 155cc liquid-cooled, fuel-injected engine, combined with the brand’s proprietary DiASil cylinder technology and the renowned Deltabox frame, the R15 continues to set benchmarks in performance and handling. The motorcycle delivers segment-leading performance along with a suite of advanced features, including Traction Control System, Assist and Slipper Clutch, Quick Shifter on select variants, Upside-Down Front Forks, and Linked-Type Monocross Suspension. With its track-inspired design and unmistakable racing DNA, the Yamaha R15 series remains one of the most aspirational and performance-driven motorcycles in India.

Model	Price (INR)
Yamaha R15 S	Rs 1,50,700
Yamaha R15 V4	Rs 1,66,200
Yamaha R15 M	Rs 1,81,100

IFC And HDFC AMC Partner To Enhance Private Credit Access For India’s Mid-Market Enterprises

International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector in emerging markets, has signed an agreement to invest in HDFC AMC’s Structured Credit Fund-I, a Category II AIF, to expand access to private credit for India’s mid-market corporate sector.

The Fund will improve access to finance for underserved mid-market companies by providing alternative debt financing where traditional financing often faces limitations, supporting job creation and driving product and market innovation. It will also help strengthen India’s private credit ecosystem and support the scaleup of private credit for mid-market companies.

As the anchor investor, IFC will contribute up to INR 220 Crore to the fund. The fund has declared its first close and has raised commitments of about INR 1,290 crore from institutional investors, family offices and UHNI investors. The fund is targeting a corpus of INR 1,500 crore, and expects to exercise a portion of the available green-shoe option of INR 1,000 crore. The commitment amount includes sponsor commitment from HDFC AMC of up to 14 percent of the fund corpus. With a focus on delivering superior risk-adjusted, mid-teen returns over a 4-to-6-year horizon, the fund will invest in secured credit instruments in a diversified, sector-agnostic manner (excluding real estate). The fund has committed INR 380 crore across three deals spanning various sectors to meet diverse capital requirements.

The partnership reflects a shared conviction that sustaining and scaling the momentum of India’s growth-stage companies—which power the country’s output, jobs, and supply-chain resilience—depends on access to timely, flexible and well-structured credit to deepen their impact and support their next stage of growth. The growing demand for bespoke financing presents an opportunity for private credit platforms to play a meaningful developmental and commercial role.

For HDFC AMC, the association brings not just capital but also global governance standards, risk frameworks, and deep sectoral expertise that will enhance the fund’s ability to engage closely with companies and design financing aligned with long-term value creation.

“We thank all our investors for the confidence they have placed in us and are pleased to welcome IFC as a partner and the anchor investor in our first Structured Credit Fund. Our partnership with IFC is rooted in a shared vision of expanding access to appropriate financing for mid-sized enterprises that drive industrial output, employment and regional development. India’s mid-market segment is one of the most dynamic pillars of our economy, yet it remains structurally underserved. India’s renewed focus on strengthening manufacturing and advancing the Viksit Bharat vision further underscores the importance of enabling this segment. Many of these companies have strong governance, robust business models and meaningful growth potential, but often require tailored solutions. Through this fund, supported by our experienced investment team, our objective is to offer customised capital with clear risk controls and close engagement with management teams, enabling well-run businesses to scale responsibly while maintaining disciplined underwriting and protecting investor interests. This is the first step in what we hope will be a long and meaningful journey of working together.” — Navneet Munot, MD & CEO, HDFC AMC

“India’s mid-market corporate sector keeps the economy moving, creating jobs, and driving growth and regional development. This investment will expand access to private credit, enabling companies to scale their operations, boost innovation, and expand essential services, supporting sectors ranging from logistics and manufacturing to pharmaceuticals and e-mobility. Mid-market companies are central to the Government of India’s vision of economic resilience and the World Bank Group’s support for financial inclusion. IFC’s programmatic approach builds on this shared priority by scaling MSMEs and mid-sized enterprises as a pathway to job creation and sustainable development. HDFC Group has long been a valued partner, and this collaboration will help mobilize institutional capital and provide mid-market companies with the resources they need to thrive, contributing to a robust financial ecosystem and advancing India’s development priorities.”—Imad N Fakhoury, Regional Division Director for South Asia, IFC.

The collaboration comes at a time when India’s economic fundamentals remain strong. With a robust pipeline of companies across sectors, the fund is positioned to provide a critical financing bridge that allows businesses to scale without compromising operational stability. Together, IFC and HDFC AMC bring formidable strengths in credit and risk management, providing a strong foundation to contribute to the next phase of growth in India’s private credit market, which is projected to expand from USD 19 billion in 2023 to USD 60–70 billion by 2028*.

About HDFC AMC

Incorporated in 1999, HDFC Asset Management Company Limited (HDFC AMC), offers a comprehensive suite of savings and investment products ranging from mutual funds, including both actively managed and passive options, to portfolio management services and alternative investment opportunities catering to the needs of a large and diverse customer base.

HDFC AMC is the Investment Manager to HDFC Mutual Fund, one of the largest mutual funds in the country with AUM of Rs 8.73 trillion as on September 30,2025. HDFC AMC proudly serves a mutual fund customer base of 14.5 million unique investors, with a total of 26.0 million live accounts. HDFC AMC has a vast network of 280 offices, over 1,03,000 distribution partners and modern digital platforms, enabling it to serve clients across India.

HDFC AMC also acts as the Investment Manager to HDFC AMC Select AIF FoF – I, a scheme launched by HDFC AMC AIF-II with total corpus of INR 12.31 billion as on September 30, 2025.

Further, HDFC AMC is registered with SEBI as a Portfolio Manager for undertaking Portfolio Management Services with AUM of INR 49.25 billion as on September 30, 2025.

Disclosure of AUM - As on 30-Sep-2025.xlsx

For more information, please visit the company’s website at www.hdfcfund.com.

*Source: Praxis Global Alliance and IVCA estimates, December 2023 report.

Inox Clean Energy Acquires ~ 300 MWp* Operating Portfolio Of SunSource Energy

- The projects, spread across multiple states, have long-term PPAs with major C&I customers

Inox Clean Energy Limited (“Inox Clean”), an INOXGFL Group company, announced today that its renewables IPP arm, Inox Neo Energies Limited (“Inox Neo”), has acquired ~250 MWp of operational solar projects (and is in the process of acquiring another ~50 MWp pending approvals) from SunSource Energy Private Limited (“SunSource”).

SunSource is a wholly owned subsidiary of the Netherlands-headquartered multinational company SHV Energy.

The projects, located across 13 states including Uttar Pradesh, Karnataka, Tamil Nadu and Maharashtra amongst others are being operated under various Special Purpose Vehicles (SPVs), selling power under long-term arrangements to multiple C&I players with strong credit ratings.

The projects have locked-in long-term PPAs with a weighted average tenure of ~24 years, supplying power to major C&I customers across multiple sectors including manufacturing, FMCG, power equipment, healthcare and pharmaceuticals. Some of the marquee customers include Britannia Industries Limited, Jubilant Foodworks, Hitachi Energy, and Max Healthcare, amongst others.

The acquisition of the SunSource portfolio is a major milestone in Inox Clean’s journey towards achieving 3 GW of renewable power generation capacity by FY26-end. With the addition of SunSource assets, Inox Clean’s customer base expands further to include multiple blue-chip Indian companies, global MNCs, as well as central and state government agencies. With its integrated platform combining renewable power generation with solar manufacturing, Inox Clean is building a large-scale renewable energy platform offering differentiated solutions to address the energy requirements of various customers.

Commenting on the occasion, Mr Bharat Saxena, CEO and whole-time Director, Inox Clean, said, “We are delighted to announce the recent acquisition of SunSource Energy’s operational solar portfolio. This acquisition will be a key growth driver for our IPP business and is a step towards our mission to offer clean, reliable, and affordable renewable energy at scale. Vibrant Energy’s portfolio and other acquisitions are placing us well to achieve our near-term target of 3 GW by FY26-end and medium-term target of 10 GW of installed capacity by FY28. We now have a healthy mix of marquee customers across government and the C&I space. We are confident that with Inox Clean’s integrated approach, supported by its current portfolio and synergies within the INOXGFL Group, we are well placed to embark on a massive growth journey ahead.”

(Of the ~300 MW, ~250 MW have already been acquired, and ~50 MW is in the process of acquisition, pending approvals.)

About Inox Clean Energy Limited

Inox Clean is a part of the INOXGFL Group and is the holding company for the Renewables IPP (Independent Power Producer) business held under Inox Neo Energies Limited and solar manufacturing business under Inox Solar Limited. Inox Clean is building an integrated renewables ecosystem wherein it will manufacture solar modules and cells which will be partly used to set up captive hybrid renewable power generation capacities as well as sold to third party customers. Post commissioning, the power generated will be sold to captive / 3rd parties / exchanges / C&I customers. The company aims to tap into the synergies and expertise within the INOXGFL Group to scale up its integrated renewables offerings.

About INOXGFL Group:

INOXGFL Group (“Group”), with a legacy of over 90 years, is one of the leading business groups in India. The Group’s operations span across diversified business segments comprising of fluoropolymers, fluorochemicals, battery materials, wind & solar manufacturing and project development as well as renewable power generation. It is well- positioned to deliver renewable energy solutions tailored to diverse customer demands. The Group has three listed entities - Gujarat Fluorochemicals Limited (GFL), Inox Wind Limited, and Inox Green Energy Services Limited. Additionally, through Inox Clean Energy Ltd., the Group has entered into solar manufacturing business under Inox Solar Limited and is expanding its renewable power generation business through Inox Neo Energies Limited. The Group's performance and leadership are reflected in its diverse portfolio of products, global presence, and impactful corporate social responsibility initiatives. With an aim to drive progress and contribute to a greener future, the INOXGFL Group continues to contribute to India’s renewable growth story.

Motherson Secures Government Incentives Under The Electronic Component Manufacturing Scheme (ECMS)

Motherson Electronic Components Private Limited (MECPL), a subsidiary of Samvardhana Motherson International Limited (SAMIL), has successfully secured incentives under the Government of India’s Production Linked Incentive (PLI) Scheme. Under the latest approvals, MECPL has been included among the beneficiaries of the Electronics Components Manufacturing Scheme (ECMS) announced by the Ministry of Electronics and Information Technology (MeitY), Government of India, for the production of enclosures for the consumer electronics industry. This development reaffirms Motherson’s commitment to strengthening domestic manufacturing and contributing to “Make in India”.

These incentives are for six years, i.e., from FY 26 to FY 31, with an expected cumulative investment of Rs. 1,900 crores over the investment period. MECPL is looking to create over 5,000 employment opportunities at its plant in Kanchipuram, Tamil Nadu, during the course of these incentives.

Motherson, a leading global Design, Engineering, Manufacturing and Assembly (D.E.M.A.) specialist, is playing a pivotal role in building a resilient value chain for the automotive, aerospace and consumer electronics industries in India. Motherson’s inclusion in the ECMS initiative reflects its strong capabilities and readiness to scale operations in high value segments such as consumer electronics.

Dabur Chyawanprash Launches Nationwide Campaign To Boost Immunity Among Kids This Winter

Winter is one of the most awaited seasons in India, but it may also bring a plethora of diseases like Cold - Cough and Respiratory problems to name a few; which are most prevalent in this season & usually occurs due to a low immunity. Chyawanprash is an around 3000-year-old & well-known Ayurvedic formulation that is used for boosting immunity and helps provide protection against common day to day infections like cough and cold.

Dabur Chyawanprash contains many ‘Rasayana’ herbs which help in prevention of variety of infections through its immunomodulatory effects.

As part of its commitment to safeguard the health of the future generations, Dabur Chyawanprash today announced the launch of a mega awareness initiative aimed at securing the health of underprivileged kids across the country. Under this initiative, Dabur Chyawanprash along with a renowned doctor will conduct Immunity awareness sessions to educate children about the need to build a stronger immune system to fight against illnesses due to changing season, common bacteria and viruses.

The drive was flagged off in Mysore with a special session conducted for more than 250 kids of Princely Higher Primary School Mysore, Along with Principle, School teachers and Dinesh Kumar from Dabur India Ltd, The session was aimed at creating awareness among kids to fight Illness in winter. The kids were also educated on ways to boost their immunity through basic hygiene and a nutritious diet.

Speaking on the occasion, Mr. Sriram Padmanabhan, Director Healthcare, Dabur India Ltd said, “Dabur Chyawanprash has been committed to helping every Indian achieve the strongest immunity for over 100 years. This initiative is a leap forward towards this commitment. We are concerned about the cold wave that claims so many lives every year. Through this Initiative, we will attempt to reach out to provide protection to underprivileged kids by highlighting the importance of Immunity besides providing Chyawanprash to these Kids”.

Dr. Sumit said, “During cycles of seasonal change there is a sudden temperature variation, which leads to illnesses like cough, cold & flu. Enhancing immunity is an effective way to fight illnesses like Cold, Cough, Respiratory problems etc.

Dabur Chyawanprash is an effective solution to boost one’s immunity needs through changing weather cycles.”

Under this campaign, Dabur Chyawanprash has joined hands with leading NGOs from 21 cities in India i.e. Hyderabad, Mysore, Mumbai, Agra ,Varanasi, Kanpur, Bhopal, Lucknow, Udaipur, Jaipur, Bhubaneswar, Kolkata, Siliguri, Patna, Indore, Raipur, Pune, Aurangabad, Nagpur, Gwalior and Chandigarh.