Business

14 Feb

INDIAWOOD 2025 to showcase 25 years of innovation in woodworking and furniture manufacturing

Business BureauBusiness

INDIAWOOD 2025, celebrating 25 years as a leading woodworking and furniture manufacturing trade fair, will be held from March 6-9, 2025, at the India Expo Mart & Centre, Greater Noida. Organized by Nuernberg Messe, this milestone edition highlights India’s rise as a global furniture manufacturing powerhouse. The event will feature over 600 brands from more than 30 countries, showcasing advancements across woodworking technology, smart manufacturing solutions, and sustainable innovations. Special forums like Surface in Motion and Wood+ in Architecture & Design will explore emerging trends, while seminars will offer insights into new materials and sustainable practices. Commenting on the industry’s…

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14 Feb

Bullish on AI, but ethics key: Nadir Godrej at WEF Davos

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Nadir Godrej, Chairperson of the Godrej Industries Group, has emphasized the immense potential of Artificial Intelligence (AI) while underscoring the need for its ethical use. Speaking at the World Economic Forum’s annual meeting in Davos, he highlighted AI’s role in revolutionizing agriculture, tackling climate change, and boosting productivity. Godrej pointed out that AI can aid in early detection of disease and pest outbreaks in agriculture by analyzing satellite images of farmland. This would enable farmers to take preventive action before an outbreak spreads. Additionally, AI can help optimize soil and crop health analysis, ensuring efficient nutrient and fertilizer use, thereby…

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14 Feb

Gujarat Inject (Kerala) Limited’s Q3 net profit zooms by 4,500%& declares robust Q3 Results

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BSE-listed Gujarat Inject (Kerala) Limited (BSE: 524238), a leading agricultural company, reported a staggering increase of 4,500% in its net profit for the quarter ended December 2024. The company specializes in the trade of bulk vegetables and fruits, sourcing fresh produce directly from farmers and delivering it to shop owners, ensuring quality, freshness, and a seamless supply chain. Gujarat Inject (Kerala)’s net profit for the December 2024 quarter was Rs. 21.16 lakh, an increase of 45 times over the profit of Rs. 0.46 lakh in the corresponding quarter of the previous year. The company’s revenue in the December 2024 quarter was Rs.…

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14 Feb

Swiggy shares upgrade after reports of potential commission hike

editorBusiness, News

Swiggy shares jumped as much as 8% in Thursday's trade, according to media reports. According to media reports, about 5,000 merchants will face a 2% hike in the commission they pay to the company. The report indicated that Swiggy is implementing rate adjustments for partner merchants operating under the old commission model. On Thursday, Swiggy shares recorded their best rise in two weeks. However, the stock lost some of its intraday gains, closing at ₹365.50, up 7.1% on the NSE. The food-tech giant had earlier informed select restaurant partners via email that the standardisation would be effective from February 16,…

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13 Feb

Shree Cement Unveils Bangur Marble Cement in Kolkata

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Shree Cement has launched its premium Bangur Marble Cement in Kolkata, enhancing its Bangur Cement lineup. This new product boasts superior brightness, strength, and crack resistance, making it ideal for high-quality exposed concrete structures. Following its initial release in Jharkhand and Bihar, Bangur Marble will be available at over 2,000 retailers across multiple states, featuring in-store demonstrations. Managing Director Neeraj Akhoury emphasized the product’s commitment to innovation and sustainability, incorporating eco-friendly GGBS materials. This launch positions Shree Cement to set new standards in construction quality and environmental responsibility.

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13 Feb

Vi introduces baggage protection for postpaid international roaming users

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Vodafone Idea (Vi) has launched a baggage protection service for its postpaid customers availing International Roaming packs. In partnership with US-based Blue Ribbon Bags, Vi users can now claim compensation of ₹19,800 per bag if their luggage is lost or delayed beyond 96 hours of reporting. The service is available for an additional fee of ₹99. As global travel surges post-pandemic, concerns over baggage security remain high. A 2024 SITA report revealed that over 36 million bags were mishandled worldwide. Vi’s new initiative aims to offer relief to Indian travelers by ensuring compensation for misplaced luggage, enhancing customer experience beyond…

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13 Feb

Ashok Leyland shares jump over 7%, net profit jumps 31% in Q3

editorBusiness, News

Shares of Ashok Leyland, a leading commercial vehicle maker and the Indian flagship of the Hinduja Group, jumped nearly 7% during intraday trade after the company reported its highest ever net profit of ₹762 crore in the December quarter. The company's standalone net profit in the third quarter of the current fiscal year rose 32% year-on-year to ₹762 crore compared to ₹575 crore in the same period last year. The company's net profit in the previous September quarter of 2024 was ₹770 crore. Ashok Leyland's revenue rose to ₹9,479 crore in the quarter under review compared to ₹9,273 crore in…

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12 Feb

IRCTC put up a strong performance in the December quarter, reporting a 14 percent rise in net profit

editorBusiness, News

Indian Railway Catering and Tourism Corporation (IRCTC), the catering and ticketing arm of the Indian Railways, reported December quarter earnings on Tuesday. For the quarter under review, the company's standalone net profit stood at Rs 341 crore, up nearly 14 percent from Rs 299.9 crore reported in the same period last year.The topline also rose to Rs 1,224.65 crore, reflecting a growth of nearly 10 percent over the same period last year. In Q3FY24, the state-run entity's revenue from operations stood at Rs 1,115.4 crore.The total expenses of the railway entity also rose during the quarter under review to Rs…

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11 Feb

Trending hair colours to shine this Valentine’s Day

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As Valentine’s Day approaches, hair trends are taking a vibrant turn with bold colours and stylish transformations. Shailesh Moolya, National Technical Head at Godrej Professional, has curated 12 stunning hairstyle looks as part of the Surreal Collection, blending global trends with Indian aesthetics. The trending shades include Tangerine Dream, a warm copper hue inspired by the Antelope Canyon, exuding sophistication and luxury. Roselet Bliss, a romantic blend of rose red and violet tones, captures the beauty of the Serranía de Hornocal mountain range. For those preferring deeper hues, Moffee Marvel offers mocha and coffee tones reminiscent of the Pyramid of…

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11 Feb

Shree Cement launches Bangur Marble Cement in Patna, expands reach in eastern India

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Shree Cement, a leading cement manufacturer, has launched its premium product, Bangur Marble Cement, in Patna, Bihar. Positioned as a high-end construction material, this PSC cement offers superior brightness, enhanced strength, and crack resistance, making it ideal for exposed concrete structures. Following its introduction in Ranchi, Jharkhand, Bangur Marble Cement will now expand into West Bengal and other states. The product will be available through over 2,000 retailers across Bihar, Jharkhand, and West Bengal, with in-store demonstrations highlighting its key features. Neeraj Akhoury, Managing Director of Shree Cement Ltd., said, “Bangur Marble Cement is a testament to our commitment to…

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