Business Archives - Page 122 of 177

16 May

Page Industries Limited delivers 51.6% PAT growth in Q4 FY25

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#PageIndustries51PATgrowth Chandigarh: Page Industries Limited, India’s leading apparel manufacturer, today announced its financial results for the fourth quarter and annual year ended March 31st, 2025. Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said, “I am delighted to share that our sharp focus on supply chain efficiency, product innovation, cost optimisation and consumer experience across all touch points have resulted in 51.6% PAT growth in the quarter and an annual PAT growth of 28.1%” Outlook and Trends: Long term outlook for innerwear and athleisure industry is very positive, aided by the rapid urbanisation and rising purchasing power…

16 May

GINGER BRINGS LEAN LUXE TO DEHRADUN

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#GINGERLUXEDEHRADUN Chandigarh: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Ginger Dehradun. This new addition to the Ginger portfolio brings the brand’s signature lean luxe philosophy to the capital of Uttarakhand. Ms. Deepika Rao, Executive Vice President – Hotel Openings & New Businesses, IHCL, said, “Ginger Dehradun reflects our focused approach to accelerating growth for the brand in high-potential markets. The mid-scale segment continues to see strong demand driven by rising domestic travel. Dehradun, with its mix of leisure, commercial activity as a state capital and presence of multiple educational institutions offers itself as…

16 May

Axis Bank partners with Antara Senior Care to enhance quality of life for India’s senior citizens

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#AxisBankAntaraSeniorCare #AxisBankAntara Chandigarh: Axis Bank, one of the largest private sector banks in India, has joined hands with Antara Senior Care, India’s only integrated senior care ecosystem and a wholly owned subsidiary of Max India Limited, to enhance the well-being and quality of life of India’s senior population. Through this collaboration, Antara offers its comprehensive suite of products and services, including Care Homes, Care at Home, and AGEasy (a distinctive online and offline marketplace with solutions for chronic health condition management). These services will be available to over 20 lakh customers of Axis Bank’s Silver Linings Program, an initiative specially…

16 May

L&T And Cloudfiniti forges Strategic Partnership with Deep-tech StartupQpiAI

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#LandTCloudfinitiStartupQpiAI Chandigarh: To revolutionise the quantum computing landscape globally, L&T- Cloudfiniti has forged a strategic partnership with Bengaluru-based deep-tech company QpiAI. The collaboration will focus on driving quantum computing workloads, including Quantum Computing as a Service (QCAAS), enabling scalable deployment of quantum solutions across domains. L&T-Cloudfiniti and QpiAI will explore collaborative opportunities under India’s National Quantum Mission. QpiAI is the company that has built Indus, India's most powerful 25-qubit quantum computer. Going forward, they will offer 256-qubit quantum computer, followed by a fault-tolerant quantum computer with 100 logical qubits, thus opening up large-scale commercial applications. Combining L&T’s industry leadership with…

15 May

Tata Coffee Grand Cold Coffee’s unveils its Brand Launch Campaign ‘Too Cool to Have It Solo’

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#TataCoffeeGrandColdCoffee #TooCooltoHaveItSolo #TataCoffeeTooCooltoHaveItSolo The campaign centers on how on-the-go cold coffee serves as an icebreaker for strangers. The cold coffee is so creamy and flavourful that it instantly elevates fleeting moments into memorable experiences. Chandigarh: Tata Coffee Grand Cold Coffee has unveiled its campaign digital film, a refreshing and relatable take on the daily grind, with chance encounters turning into something more. In a world that’s always on the move, the film beautifully captures how even fleeting moments can become memorable when shared over a chilled ready to drink coffee. With its new-age appeal and the hook of “Coffee!, here?”,…

15 May

TAJ LAKE PALACE, UDAIPUR IS NUMBER 1 GLOBALLY IN ‘ONE-OF-A-KIND HOTELS’ BY TRIPADVISOR

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#TajLakePalaceUdaipur Chandigarh: Taj Lake Palace, Udaipur has been ranked #1 globally in ‘One-of-a-Kind Hotels’ category by Tripadvisor’s Travelers’ Choice Best of the Best Awards 2025. Tripadvisor unveiled the category this year to honour the most unique and unforgettable stays that go beyond conventional hospitality. This recognition places the hotel in the top 1% globally based on traveller reviews and ratings. Mr. Ashok Rathore, Area Director – Rajasthan, IHCL said, “Taj, for over a century has been the custodian of India’s heritage and culture having restored some of the country’s most celebrated royal palaces that date back to the pre-independence era.…

15 May

Farmley Completes $40 Million Series C Fundraise Led by L Catterton

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#Farmley40MillionLCatterton Transaction positions Farmley to strengthen its foothold in India’s burgeoning healthy snacking market by leveraging L Catterton’s sector expertise and operating capabilities Chandigarh: Farmley, a rapidly-growing healthy snacking brand in India, today announced that it has completed a $40 million Series C fundraise led by L Catterton, a leading global consumer-focused investment firm. Existing shareholders such as DSG Consumer Partners also participated in the fundraise. The investments position Farmley to further scale the briskly-evolving dried fruits and nuts segment of the country’s healthy snacking market. The dried fruits and nuts segment of India’s healthy snacking market is expected to expand…

15 May

Adani Cement makes Indian infra professionals future-ready through nationally recognised EEP

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#AdaniCementACCEEP Chandigarh: Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Portfolio, are advancing their commitment to nation-building by upskilling India’s infrastructure workforce through support for the Executive Excellence Programme (EEP). Since 2020, EEP has trained over 2,000 civil engineers and architects, with 175 professionals completing the programme in 2024 alone. The EEP offers short-term residential courses, which blend academic rigour with real-world application. The first two editions of the EEP were designed and conducted in collaboration with IIT Kanpur, followed by IIT Gandhinagar, and most recently at IISc Bangalore. Participants gain advanced skills in asset management, sustainable construction, and emerging technologies—earning…

14 May

Shree Cement announces Q4 EBITDA surge 46% QoQ led by focus on pricing and operational efficiency

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#ShreeCementQ4FY25results Chandigarh: Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and year ended on 31st March, 2025, reflecting a robust performance. On sequential quarter basis, the Company reported a 142% rise in profit after tax to ₹556 crore, 24% rise in revenue to reach an all-time high of ₹5,240 crore while EBITDA surged by 46% to ₹1,381 crore. Financial Highlight ₹ in crore Particulars Quarter ended 31st March, 2025 31st March, 2024 31st December, 2024 Net Revenue from Operations 5,240 5,073 4,235 Operating Profit (EBITDA) 1,381 1,327 947 Profit after Tax…

14 May

Reliance Nippon Life Insurance Delivers profits before taxes of ₹247 crore leading to a 25% increase in PBT

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#RelianceNipponLifeProfitUp Chandigarh: Reliance Nippon Life Insurance Company Ltd. (RNLIC), one of India’s leading life insurance companies, today announced its audited financial results for the financial year ended March 31, 2025. The company delivered a steady performance across key metrics while continuing to strengthen its customer focus and operational resilience. For FY2024-25, RNLIC reported a Profit Before Tax (PBT) of ₹247 crore, reflecting a strong growth of 25% over the previous year (₹198 crore in FY2023-24). The company’s Assets Under Management (AUM) stood at ₹38,725 crore, marking a 9% year-on-year growth. New Business Premium (NBP) grew to ₹1,245 crore, and Total…