Business Bureau

5306 Posts
Shyam Metalics commissions aluminium foil plant in Odisha, targets September launch for FRP facility

Shyam Metalics commissions aluminium foil plant in Odisha, targets September launch for FRP facility

Shyam Metalics and Energy Ltd. has commenced commercial production at its aluminium foil manufacturing facility in Sambalpur, Odisha, marking a key milestone in its expansion into value-added downstream aluminium products. The company is investing around ₹800 crore in the aluminium facilities, with its Aluminium Flat Rolled Products (FRP) plant scheduled to begin commercial operations by the end of September 2026. The newly commissioned aluminium foil unit, operated by SMEL Steel Structural Pvt. Ltd., has an installed capacity of 18,000 tonnes per annum (TPA) and will manufacture premium-grade foils ranging from 6 to 40 microns in thickness. The upcoming FRP facility…
Read More
MG strengthens new energy strategy with India’s first multi-NEV platform

MG strengthens new energy strategy with India’s first multi-NEV platform

JSW MG Motor India has strengthened its long-term electric mobility strategy with the unveiling of MG ADAPT (Advance Drive Architecture Platform Technology), India's first Multi New Energy Vehicle (NEV) platform designed to support Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs) and Range Extender Electric Vehicles (REEVs) on a single intelligent architecture. The company also announced plans to introduce one EV and one PHEV built on the platform by FY 2026-27, expanding its future-ready product pipeline. Developed as a modular architecture, MG ADAPT integrates a dedicated hybrid engine, a dedicated battery system, India's first 10-in-1 Intelligent…
Read More
Medtronic, Apollo Hospitals launch advanced ICU in Hyderabad to boost critical care innovation

Medtronic, Apollo Hospitals launch advanced ICU in Hyderabad to boost critical care innovation

Global healthcare technology company Medtronic and Apollo Hospitals have partnered to establish an advanced 11-bed Intensive Care Unit (ICU) at Apollo Hospitals, Jubilee Hills, Hyderabad, aimed at strengthening critical care infrastructure and accelerating healthcare innovation. Branded as the “ICU of the Future,” the facility integrates Medtronic’s Acute Care & Monitoring (ACM) technologies and is expected to serve as a real-world clinical innovation hub for the company’s research and development initiatives. The Memorandum of Understanding (MoU) was signed by Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, Manpreet Singh, Chief Executive Officer, Apollo HealthAxis, and Mandeep Singh Kumar, Managing Director…
Read More
Sunrise Pure serves thousands of devotees through Shuddhotsav at Ambubachi Mela

Sunrise Pure serves thousands of devotees through Shuddhotsav at Ambubachi Mela

Sunrise Pure Masala, part of ITC Ltd., organised its flagship Shuddhotsav  initiative during the Ambubachi Mela 2026 at the Kamakhya Temple in Guwahati, serving thousands of devotees through a community outreach programme held from June 21 to 26. As part of the six-day initiative, the brand served freshly prepared khichdi to more than 500 devotees every day and engaged with over 3,000 visitors at the festival venue. The programme combined community service with consumer engagement activities, reinforcing the brand's presence among devotees attending one of Northeast India's largest and most revered religious gatherings. Commenting on the initiative, Piyush Mishra, Business…
Read More
World of Hyatt expands HYROX partnership to India, launches race-cation experience

World of Hyatt expands HYROX partnership to India, launches race-cation experience

World of Hyatt has expanded its regional collaboration with fitness racing series HYROX to India, offering a range of travel and hospitality benefits aimed at racers and spectators attending upcoming events in the country. The expansion builds on Hyatt's role as the Official Regional Hotel Partner for HYROX across Asia Pacific and introduces the race-cation concept to Indian race destinations. As part of the initiative, actor and fitness enthusiast MilindSoman has joined the collaboration to promote fitness-focused travel experiences. HYROX, one of the world's fastest-growing fitness racing series, combines running with functional workout stations in a standardised race format and…
Read More
Shalimar Paints expands premium portfolio with Xtra Tough Hi-Sheen launch

Shalimar Paints expands premium portfolio with Xtra Tough Hi-Sheen launch

Shalimar Paints has launched Xtra Tough Hi-Sheen, a premium exterior emulsion aimed at meeting the growing demand for durable and high-performance exterior coatings in India. The company said the new product combines long-lasting protection with a high-sheen finish, offering homeowners an exterior paint solution designed to withstand varied climatic conditions while maintaining its appearance over time. The newly introduced exterior emulsion features an advanced dust-repellent formulation that helps prevent dirt accumulation, along with anti-algal and anti-fungal properties to protect walls from moisture-related damage. Powered by UV & Sun Reflect Technology, the product is designed to minimise heat absorption and reduce…
Read More
Nuvoco Vistas posts strong Q1 earnings as capacity expansion gains pace

Nuvoco Vistas posts strong Q1 earnings as capacity expansion gains pace

Building materials company Nuvoco Vistas Corp. Ltd. has reported a strong financial performance for the first quarter of FY27, backed by higher cement sales, improved profitability and progress in its capacity expansion programme. The company posted a 20 per cent year-on-year rise in Profit After Tax (PAT) to Rs. 160 crore, while EBITDA increased 7 per cent to Rs. 572 crore, marking its highest-ever first-quarter EBITDA. Consolidated total income grew 9 per cent year-on-year to Rs. 3,129 crore, with cement sales volume rising 5 per cent to 5.3 million metric tonnes (MMT). The company also inaugurated a 2 MMTPA grinding…
Read More
Keeway enters premium electric scooter segment with Hypevolt-R launch

Keeway enters premium electric scooter segment with Hypevolt-R launch

Keeway India on Saturday expanded its electric mobility portfolio with the launch of the all-new Hypevolt-R, marking the company's entry into India's premium performance electric scooter segment. The scooter has been introduced at an introductory ex-showroom price of Rs 1.99 lakh, while online bookings have opened for Rs 5,000 through the company's official website. Deliveries are expected to commence shortly across Keeway India's network of more than 40 authorised dealerships. Powered by a 5.04 kWh dual removable NMC battery architecture and a 12 kW peak mid-mounted permanent magnet synchronous motor, the Hypevolt-R delivers an IDC-certified range of 180 km, a…
Read More
Motorola bets on AI, camera innovation with moto g77 POWER launch at Rs 23,999

Motorola bets on AI, camera innovation with moto g77 POWER launch at Rs 23,999

Motorola has expanded its smartphone portfolio with the launch of the moto g77 POWER, aiming to strengthen its position in India's competitive mid-premium 5G smartphone market. Priced at an effective Rs 23,999 for the 8GB+128GB variant, the device will be available from July 13 via Flipkart, Motorola.in and leading retail stores. The smartphone is powered by the MediaTek Dimensity 6400 processor and features a 50MP Sony LYTIA 600 camera with Quad Pixel technology, AI-powered photography tools, an 8MP ultra-wide lens and a 32MP front camera. It also offers a 6.72-inch FHD+ 120Hz display, a 7,000mAh battery with up to three…
Read More
Tata Motors, UCO Bank forge partnership to expand commercial vehicle financing

Tata Motors, UCO Bank forge partnership to expand commercial vehicle financing

Tata Motors has signed a Memorandum of Understanding (MoU) with public sector lender UCO Bank to strengthen the commercial vehicle financing ecosystem across India by providing customers with easier access to organised and affordable financing solutions. The partnership combines UCO Bank's nationwide branch network with Tata Motors' extensive commercial vehicle portfolio to support entrepreneurs, fleet operators and businesses seeking to expand their operations. Under the agreement, customers will benefit from competitive interest rates, faster loan approvals, simplified documentation, high loan-to-value funding and flexible repayment tenures designed to suit business cash flows. The companies said the collaboration would improve financing accessibility…
Read More