Business Bureau

Halder Venture Limited (HVL) has acquired KS Oil Ltd’s manufacturing unit in Haldia, significantly boosting its refining capacity and market reach. The move, approved by the National Company Law Appellate Tribunal (NCLAT) on March 20, 2025, and finalized with physical possession on March 28, 2025, is expected to drive annual revenue growth of over ₹1,500 crore. The Haldia unit includes a 500 TPD (tonnes per day) edible oil refining facility, a state-of-the-art packaging unit, and 33,000 MT storage tanks. This acquisition expands HVL’s refining capacity five-fold and provides direct port access, allowing efficient sourcing of imported crude edible oil. The…

The Blenders Pride Fashion Tour concluded its latest edition with an unforgettable showcase in Guwahati, redefining the concept of AT-LEISURE through its innovative "Play En-Vogue" theme. Held at the scenic Greenwood Resort, the event brought together visionary designers, bold music performances, and iconic showstoppers, marking a milestone in India’s fashion landscape. Designers Nitin Bal Chauhan, Abhishek Patni of NoughtOne, and Pawan Sachdeva presented experimental collections that merged high fashion with everyday comfort. From NoughtOne’s ‘Racer 01’ collection blending streetwear with rock chic to Chauhan’s ‘CHAMUNDA,’ inspired by medieval armor, and Sachdeva’s ‘The Dis-Aligned’ collection disrupting traditional fashion, the event showcased…

The Indian Farmers Fertiliser Cooperative (IFFCO) has welcomed the approval of the Tribhuvan Sahkari University Bill, 2025, calling it a landmark move to strengthen the rural economy and cooperative sector. The bill, passed in the LokSabha on March 26, marks the establishment of India’s first cooperative university, aiming to enhance self-employment, entrepreneurship, and professional development in the sector. Union Minister of Cooperation and Home Affairs Amit Shah, while announcing the bill, stated that it would set new benchmarks in innovation, research, and cooperative leadership. He emphasized that the initiative aligns with the government's mission of ‘Sahkar se Samriddhi’ (Prosperity through…

Tata Neu and HDFC Bank have announced a significant achievement with the Tata Neu HDFC Bank Credit Card surpassing 2 million cards issued, reinforcing its position as one of India’s most popular rewards credit cards. Launched in August 2022, the card has gained substantial market traction, capturing over 13% of new credit cards issued in Q3 FY25, according to RBI data. The Tata Neu HDFC Bank Credit Card offers a seamless rewards ecosystem, enabling customers to earn rewards across a range of categories including groceries, fuel, travel, and entertainment. Its UPI feature has been particularly successful, with over 12 million…

Nissan Motor India Pvt. Ltd. (NMIPL) has recorded its highest single-year consolidated sales in seven years, registering over 99,000 units in FY 2024-25. This marks a 35% year-on-year (YoY) growth, driven by the New Nissan Magnite B-SUV, which played a pivotal role in both domestic and export markets. The company’s export business saw an all-time high of 71,000+ units, expanding its reach from 20 to 65+ international markets under the "One Car, One World" strategy. Domestically, Nissan sold 28,000+ units, overcoming industry challenges such as shifting consumer preferences toward alternate fuel vehicles. Frank Torres, Divisional Vice President of AMIEO Region…

WWE has joined forces with Supercell’s popular mobile game, Clash of Clans, in a groundbreaking partnership that will bring iconic wrestling superstars into the gaming world throughout April. The collaboration will culminate in a special match sponsorship at WrestleMania 41, set to take place at Allegiant Stadium in Las Vegas. As part of the integration, Undisputed WWE Champion Cody Rhodes, Rhea Ripley, The Undertaker, Bianca Belair, and others will be reimagined as in-game characters. Rhodes, a longtime Clash of Clans player ranked among the top 10 percent globally, will take on the persona of the Barbarian King, while Ripley becomes…

SBI General Insurance has disbursed ₹1.06 crore to the Nagaland State Disaster Management Authority (NSDMA) under its Disaster Risk Transfer Parametric Insurance Solutions (DRTPIS). This marks the first claim settlement under the initiative, aimed at providing swift financial relief based on weather parameters without requiring individual claim processing. The settlement covers excess rainfall during Phase-1 (Monsoon season) under the risk policy period, ensuring timely financial assistance. The initiative follows the Memorandum of Understanding (MoU) signed between SBI General Insurance and NSDMA in August 2024, establishing a three-year partnership with key reinsurers—GIC Re, Munich Re, Hannover Re, and SCOR. Naveen Chandra…

Pioneer Corporation announced that it has begun manufacturing in-car products in India in 2026. Following the establishment of an R&D center in the country in 2023, this strategic initiative will further enhance the Pioneer Group’s presence and position in India, where the automotive industry has been enjoying outstanding growth annually. Under the corporate vision of “Creating the Future of Mobility Experiences,” Pioneer has been stepping up its efforts to transform itself into a solutions company.  Furthermore, the company has been taking steps toward becoming a major player in the global arena, including bringing in executives and industry veterans from outside…

The Japan International Cooperation Agency (JICA) has signed an agreement to provide an Official Development Assistance (ODA) loan of ₹209 crores for the Assam State Aquaculture Promotion and Livelihood Improvement Project. The initiative aims to enhance aquaculture production, strengthen fisheries infrastructure, and uplift the livelihoods of fish farmers in the state. The agreement was signed between Ms. Manisha Sinha, Additional Secretary, Department of Economic Affairs, Ministry of Finance, and Mr. TAKEUCHI Takuro, Chief Representative of JICA India. Speaking on the occasion, Mr. Takuro said, “The fisheries sector in India is crucial for food security, employment, and economic growth. This project…

The Central and Uttar Pradesh governments have reinforced their collaboration in skill development, with a special focus on the ₹60,000 crore National ITI Upgradation Scheme. The initiative aims to modernize 1,000 Industrial Training Institutes (ITIs) across India, enhancing employability and meeting industry demands. Shri Jayant Chaudhary, Union Minister of Skill Development & Entrepreneurship (I/C), met with Shri Kapil Dev Agrawal, Uttar Pradesh’s Skill Development Minister, at Kaushal Bhawan, New Delhi, to discuss the seamless execution of key programs like PMKVY, PM Vishwakarma, and the National Apprenticeship Promotion Scheme (NAPS). Officials highlighted that Uttar Pradesh has trained over 24.73 lakh individuals…