Business Bureau

JSW MG Motor India has introduced the MY 2025 edition of its premium SUV, the MG Astor, with enhanced features in the Shine and Select variants. The Shine variant now comes equipped with a panoramic sunroof and six speakers, making it the only SUV in its segment to offer a panoramic sunroof under ₹12.5 lakh. Meanwhile, the Select variant has been upgraded with six airbags and premium ivory leatherette seats, enhancing safety and comfort. Positioned as India's Most Advanced SUV in its class, the Astor 2025 boasts an array of modern features, including ventilated front seats, wireless charging, wireless Android…

Aadhar Housing Finance Ltd announced its unaudited financial results for the quarter and nine months ended December 31, 2024, demonstrating strong growth across key financial metrics. Assets Under Management (AUM): Increased by 21% YoY to ₹23,976 crore. Disbursements: Rose by 20% YoY in Q3 FY25, reaching ₹2,094 crore. Profit After Tax (PAT): Grew by 22% YoY to ₹667 crore in 9M FY25. Net Worth: Stood at ₹6,114 crore, a 44% increase YoY. Gross NPA: Improved to 1.36% from 1.40% YoY. Aadhar Housing Finance Limited’s MD & CEO, Mr. Rishi Anand, attributed the growth to government support, urbanization, and increasing demand…

Jayant Chaudhary, Minister of State (I/C) for Skill Development and Entrepreneurship and Minister of State for Education, inaugurated the NSDC International Academy, a premier institution aimed at enhancing India's global workforce. The academy will provide world-class skill training, focusing on international placements in countries such as Germany, Japan, and Israel. The facility, designed as a Centre of Excellence, offers specialized training in foreign languages, including German (GOETHE, OSD), Japanese (JLPT), and English (ISLETS). During the inauguration, Shri Chaudhary flagged off 11 candidates departing for Germany, interacted with students, and explored the AI and VR-enabled labs. He emphasized the academy’s role…

Mahindra Electric is set to open bookings for its highly anticipated Origin SUVs on February 14, 2025, at 9 AM, giving customers the opportunity to choose from a complete lineup of XEV 9e and BE 6 variants. The models, available with a variety of battery packs, are aimed at delivering world-class features to meet the growing demand for electric vehicles at various price points. Bookings for the SUVs will begin on February 6, 2025, with customers able to select their preferred model and variant via the official website. Mahindra has announced a phased production ramp-up to ensure timely delivery, with…

MG Motor India’s social initiative, MG Sewa, has touched the lives of over 1.2 lakh beneficiaries across India, with more than 70,000 women and girls benefitting from its transformative programs in 2024 alone. Focusing on girl child education, women empowerment, and community health, MG Sewa is making strides in rural and underserved areas, aiming to uplift families by providing access to education, sanitation, and hygiene. The initiative has expanded its reach through various programs, including WASH (Water, Sanitation, and Hygiene), which has significantly impacted over 16,000 women and girls, promoting menstrual hygiene in areas with limited access to essential resources.…

Catch Spices, a leading brand under Dharampal Satyapal Group, has launched two fresh TVCs featuring Bollywood stars Akshay Kumar and Rajpal Yadav. This new campaign emphasizes the brand's slogan, "Kyunki Khana Sirf Khana Nahi Hota" (Food is more than just food), bringing humor and heartfelt narratives to the forefront. The commercials, centered on Catch Turmeric and Catch Garam Masala, highlight the role of these spices in transforming meals and fostering connections. The Catch Turmeric TVC showcases a light-hearted mix-up, which leads to a warm, unexpected meal with neighbors. Akshay Kumar delivers the punchline, “Catch Haldi hi laata hai khaane mein…

Rajkot, February 2025: Ultracab (India) Ltd has opened its rights issue for subscription from January 28 to February 11, 2025. The company is offering 3.43 crore equity shares at Rs. 14.5 per share, with an entitlement ratio of 9:25. Key Highlights: (1) Net Profit for FY24: Rs. 598 lakh (up from Rs. 582 lakh in previous year), (2) Revenue for FY24: Rs. 12,439 lakh, (3) Presence in 29 countries with 400+ dealers, (4) Serves 55+ government departments and 150+ corporate groups, (5) Major clients include BHEL, NTPC, Power Grid, Reliance, and Godrej. Purpose of Rights Issue: The funds will be…

Bajaj Finserv AMC has announced the launch of its new investment vehicle, the Bajaj Finserv Multi Cap Fund, which is set to open for subscription from February 6 to February 20, 2025. This open-ended equity scheme targets investments across large cap, mid cap, and small cap stocks, applying a contrarian strategy to spot undervalued opportunities and capitalize on market inefficiencies. The fund will adopt a disciplined investment approach, focusing on sectors and companies poised for growth through cyclical economic upturns, business turnarounds, and management transitions. With a minimum 25% allocation in each market cap segment, the fund aims to deliver…

HSBC Mutual Fund has announced the launch of its new open-ended equity scheme, the HSBC Financial Services Fund, targeting long-term capital appreciation by investing primarily in the financial services sector. The New Fund Offer (NFO) will open on February 6, 2025, and close on February 20, 2025. The financial services sector in India is on a strong growth trajectory, fueled by factors like increasing financial inclusion, digitalization, and evolving regulatory policies. The HSBC Financial Services Fund seeks to capitalize on these growth opportunities by investing in a diversified portfolio of companies in both the lending and non-lending segments, including banks,…

Eugenix Hair Sciences has become the gold standard in hair restoration, trusted by cricketing legends, international athletes, and Bollywood celebrities. With advanced clinics in Delhi-NCR, Mumbai, Hyderabad, and Bhubaneswar, the clinic is renowned for its pioneering hair transplant solutions, blending scientific precision with artistic expertise. Cricket icons like Mohammed Shami, Ravi Shastri, and Mohammed Azharuddin have turned to Eugenix for their transformative hair restoration procedures. Shami, who underwent a procedure with over 4,500 grafts, shared, “The results have been phenomenal. Eugenix exceeded my expectations.” Shastri, endorsing the clinic’s excellence, said, “When it comes to hair, all roads lead to Eugenix.”…