August 13, 2025
Vietnamese EV Maker Launches First Indian Plant, Plans 50,000 Vehicles Annually with Local Production Focus
A Vietnamese electric vehicle manufacturer has inaugurated its first Indian production facility in Tamil Nadu, aiming to produce 50,000 vehicles annually with potential to triple capacity. The company has launched premium electric SUV models and initiated pre-bookings, employing a phased market entry strategy involving public displays and showroom openings across multiple cities. The manufacturer emphasizes local production to reduce costs and comply with domestic regulations, while establishing a comprehensive ecosystem including charging infrastructure, maintenance services, and battery recycling. This approach targets India's growing urban population, government incentives, and rising demand for electric vehicles. The facility also serves as an export hub for neighboring regions. The company's strategy mirrors its successful expansions in Southeast Asia, focusing on building brand recognition, customer support, and after-sales care to foster long-term market presence in emerging economies.
August 13, 2025
Major Spirits Company and Celeb Launch Luxury Tequila Brand Targeting Premium Market Growth and Authenticity
A major spirits company, a renowned global celebrity, a luxury collective, and a prominent entrepreneur have formed a joint venture to launch a new premium spirits brand focused on high-quality, culturally resonant, bottled-in-origin products. The partnership combines the established company's expertise in blending, marketing, and distribution with the creative and entrepreneurial strengths of the other parties. The venture aims to expand the premium spirits market domestically and internationally, beginning with the launch of a luxury tequila. This strategic collaboration represents a long-term investment designed to innovate and scale within the luxury spirits sector, targeting a new generation of discerning consumers who value authenticity, craftsmanship, and lifestyle-oriented branding.
August 13, 2025
Global Auto Tech Company Reports 7% Revenue Growth, $1.5B in New Bookings, and Advanced EV Technologies
A global automotive technology company reported a 7% revenue increase to $2.2 billion in the first half of 2025, driven by growth with domestic original equipment manufacturers (OEMs) in China and strategic global expansion. The company secured $1.5 billion in new program bookings, with a significant portion linked to electric vehicle platforms and new or conquest business. It launched multiple advanced technologies, including software for chassis control, electro-mechanical braking systems, and rear-wheel steering, enhancing its product portfolio. Operational improvements led to a 16.8% rise in adjusted EBITDA and positive free cash flow. The company expanded its manufacturing footprint with new facilities in China and modernization efforts in the United States, aiming to support increasing customer demand and improve efficiency. Forward-looking statements in the announcement caution that actual results may differ due to inherent risks and uncertainties.
August 13, 2025
Industry Association Launches Major Performance Marketing Conference Covering Affiliate, E-Commerce, AI Personalization
An industry association is organizing a major performance marketing conference to be held in New Delhi, expanding its scope to include various sub-sectors such as affiliate marketing, e-commerce, programmatic advertising, and AI-driven personalization. The event will feature keynote speeches, panel discussions, and networking opportunities aimed at fostering strategic partnerships and technology adoption within the marketing ecosystem. It will also launch a publication focused on direct-to-consumer marketing success through affiliate strategies. The conference is supported by multiple industry partners and aims to facilitate collaboration among brands, advertisers, publishers, creators, and technology platforms. The organizing body is a not-for-profit entity representing over 600 members and advocates for fair competition and enabling laws in the digital economy.
August 13, 2025
Media companies must label paid posts with clear disclosures like "Sponsored" under new ASC guidelines
The Advertising Standards Council of India has mandated that media companies must clearly label paid or sponsored posts on their social media platforms to prevent confusion with editorial content. The new clause requires disclosures such as "Advertisement," "Sponsored," or similar terms at the beginning of such posts. This measure responds to consumer complaints about misleading promotions on platforms with high editorial credibility and aims to ensure transparency, protect audiences, and maintain trust in media brands. The council emphasized that digital media's role as a primary news source necessitates upfront disclosure so consumers can distinguish between editorial and promotional content.
August 13, 2025
Real Estate Developer's 50th Anniversary Marked by Custom Stamp Celebrating Legacy and Future Goals
A real estate development company celebrated its 50th anniversary with the issuance of a customized commemorative stamp by the national postal department. The stamp highlights the company's origins and growth across multiple cities, symbolizing its legacy and future commitments. The postal authority emphasized the role of stamps in narrating history and achievements, while company representatives reaffirmed their dedication to innovation, sustainability, and customer-centric values. The event was attended by senior postal officials and company leadership, marking a significant milestone in the company's longstanding presence in the industry.
August 13, 2025
Ministry sets Rs 3 trillion highway projects with strict pre-clearance and quality checks under new rules
A government ministry exceeded its highway construction target by completing 10,660 km in the previous fiscal year and aims to award Rs 3 trillion in projects for the current year. To enhance project delivery, it has mandated pre-construction clearances, including land acquisition and statutory approvals, before awarding contracts. The ministry is implementing measures such as independent quality testing, audits, contractor accountability, and digital defect tracking to ensure safety and quality. It has also integrated technology for transparent land acquisition processes and monitors road quality through drone inspections and performance ratings. High-speed corridors totaling over 8,300 km have been sanctioned, with more than 5,100 km constructed, including major expressways. An upcoming expo will focus on sustainable road infrastructure innovations, gathering stakeholders to discuss advancements and challenges in the sector.
August 13, 2025
Jewelry Retailer Doubles Quarterly Profit to Rs 104.6 Cr with 30% Revenue Growth and Store Expansion
A jewelry retail company reported a more than twofold increase in consolidated net profit to Rs 104.6 crore for the quarter ended June, compared to Rs 51.3 crore in the previous year, driven by strong retail sales and operational efficiencies. Revenue rose 30 percent to Rs 1,826.2 crore, marking the highest first-quarter revenue in the company's history. Same-store sales grew by 19.6 percent, with significant contributions from markets outside the eastern region. EBITDA increased by 68.8 percent to Rs 183.5 crore, with margins improving due to a better product mix and cost control. The company expanded its retail network by adding 10 new showrooms, totaling 186 stores across multiple states and the UAE. The company reaffirmed its annual guidance targeting 18-20 percent revenue growth, EBITDA margins of 6.8-7.2 percent, and PAT margins of 3.7-4 percent.
August 13, 2025
Pistachio Company Showcases High-Protein Nut Benefits and Marketing Success at Health Snacking Summit
A company specializing in pistachio cultivation and distribution participated in a health-focused snacking summit in India, promoting pistachios as a high-protein, nutritious snack aligned with evolving consumer preferences for functional foods. The company highlighted its successful marketing strategies that positioned its product as a leading snack nut brand in the U.S. and emphasized its nutritional benefits, including essential amino acids and protein content comparable to other plant-based sources. The event also featured the release of a report indicating a significant consumer shift toward health-driven snacking choices. The company's efforts included targeted digital campaigns to increase market penetration among urban health-conscious consumers. This participation underscores the company's commitment to expanding its market presence by aligning product offerings with current health trends without compromising taste.
August 13, 2025
Logistics Company Showcases Solutions to Boost Semiconductor Industry Growth at Major India Exhibition
A logistics company will participate in a major semiconductor industry exhibition in India, showcasing its comprehensive logistics solutions and infrastructure developments supporting the country's semiconductor sector growth. This marks the company's second consecutive year at the event, which aims to position India as a global hub for semiconductor design, manufacturing, and technology. The company seeks to strengthen existing relationships, establish new partnerships, and support client business expansion within the semiconductor industry. The exhibition will be held in New Delhi from September 2 to 4, 2025, featuring various stakeholders including manufacturers, suppliers, and logistics providers.
August 13, 2025
US Tariffs Impact Exports for Six Months; Focus Shifts to Innovation, Diversification, and Economic Independence
The Chief Economic Advisor stated that the impact of US tariffs on exports will likely last no more than six months, with initial sectors like gems, jewellery, shrimps, and textiles bearing the brunt. The government is engaged with affected industries and will provide policy updates soon. The advisor emphasized that while tariffs pose short-term challenges, longer-term issues such as reliance on a single country for critical minerals, artificial intelligence adoption, and supply chain vulnerabilities require greater private sector involvement. He urged the private sector to focus on strategic, long-term growth and innovation, highlighting the need for increased investment in research and addressing public health concerns. The advisor also noted the importance of diversifying import sources and cautioned against overdependence on adversarial nations for critical resources, stressing the need for policies supporting economic independence and job creation.
August 13, 2025
AI-Powered Credit Underwriting Platform Cuts Loan Processing Time by 85% with Section 230 Compliance
A technology company has launched an AI-powered credit underwriting platform designed to accelerate loan processing for banks and non-banking financial companies. The platform automates complex credit assessments, reducing underwriting time by up to 85% and enabling institutions to handle twice the number of loan applications with existing staff. It integrates advanced AI models with domain-specific tools to perform expert-level analysis, extracting and reconciling financial data in real time while ensuring compliance with regulatory standards. The system provides audit-ready, explainable risk assessments with full traceability to source documents, addressing key challenges in AI adoption within regulated financial services. Deployed across multiple regions, the platform supports increased operational productivity and transforms traditional credit workflows into efficient, scalable processes without compromising accuracy or regulatory compliance.
August 13, 2025
Gold prices drop Rs 500 amid stockist selling; silver steady as markets watch US economic data and Fed talks
Gold prices in the national capital decreased by Rs 500 to Rs 1,01,020 per 10 grams due to ongoing selling by stockists, while silver prices remained unchanged at Rs 1,12,000 per kilogram. Overseas, spot gold rose marginally, trading near USD 3,350 per ounce as markets awaited key US economic data and Federal Reserve officials' speeches for guidance on monetary policy. Political pressures on the Federal Reserve to lower interest rates have increased gold's appeal as a safe-haven asset. Market participants are also monitoring upcoming diplomatic talks between the US and Russia, which may influence future gold price movements.
August 13, 2025
S&P Global: US Tariffs on Indian Imports Won't Impact Economic Growth or Sovereign Rating Outlook
S&P Global Ratings stated that recent US tariffs on Indian imports, increasing duties to 50 percent, will not affect India's economic growth or its positive sovereign rating outlook. India's economy is not heavily trade-dependent, with exports to the US constituting about 2 percent of GDP. Key export sectors to the US, such as pharmaceuticals and consumer electronics, are exempt from tariffs. S&P projects India's GDP growth at 6.5 percent for the current fiscal year, unchanged from the previous year. The agency also noted that investment flows into India are driven more by domestic market potential than export opportunities to the US. Despite the tariffs, the positive outlook on India's sovereign rating remains intact, reflecting confidence in the country's robust economic fundamentals and growing domestic demand.
August 13, 2025
New Term Insurance Plan Offers Flexible Coverage, Life Event Enhancements, and Optional Riders Under Section 45
A life insurance company launched a new term insurance product designed to meet evolving consumer protection needs. The plan offers flexible coverage options, including level cover, increasing cover with automatic annual increments, and coverage enhancements at significant life events without additional medical underwriting. It provides various death benefit payout methods and optional riders such as spousal coverage and accident benefits. The product supports long-term protection with whole life options, affordable premiums, and multiple payment terms, available through physical and digital channels. The insurer emphasizes customer-centric service, ethical claim settlement, and broad accessibility across demographics, supported by a large distribution network and regulatory compliance. The launch reflects the company's commitment to adapting insurance solutions to changing financial responsibilities and life stages.
August 13, 2025
Precision engineering firm reports 33% revenue growth, 67% EBITDA rise, and expands capacity with new production lines
A precision engineering company announced its unaudited consolidated financial results for Q1 FY26, reporting a 33% year-on-year increase in revenue to Rs. 2,332 million, driven by a higher value-added product mix and increased operating leverage. Gross profit rose 50.1% to Rs. 891 million, while EBITDA and profit after tax increased 67.3% and 66.9% respectively, reflecting improved manufacturing efficiencies and margin expansion. Despite a slight sequential decline due to geopolitical uncertainties and tariff volatility, the company maintained stable profitability and strengthened its market position. Capacity expansion initiatives included new production lines and advanced machining integration, aiming to increase forging capacity from 100,000 to 150,000 tons annually and machining capacity from 45,000 to 80,000 tons. The company is also developing a greenfield facility and pursuing geographic diversification to mitigate tariff risks, positioning itself for growth as a global precision engineering leader.
August 13, 2025
Oral Care Company Launches Anthem to Promote Kids' Dental Hygiene and Healthy Habits
A major oral care company launched an anthem as part of its ongoing oral health awareness program targeting children. The anthem, created by notable artists, promotes essential dental hygiene habits such as brushing twice daily, proper brushing techniques, timely toothbrush replacement, and healthy eating. The initiative aims to empower children to become advocates for oral health within their communities. The company emphasizes its commitment to sustainability, innovation, and community well-being, highlighting efforts to reduce plastic waste, conserve resources, and support financial and digital literacy programs. This campaign reinforces the company's broader strategy to foster healthier lifestyles and environmental responsibility while maintaining market leadership in oral care.
August 13, 2025
EU Carbon Border Adjustment May Cut India's GDP 0.02-0.03% by 2030 Without Domestic Carbon Tax
India's GDP could decline by 0.02 to 0.03 percent between 2026 and 2030 due to the European Union's Carbon Border Adjustment Mechanism (CBAM) if implemented without a domestic carbon pricing system. The CBAM imposes a carbon price on imports from countries with lower environmental regulations, affecting key Indian export sectors such as iron and steel, aluminium, cement, and fertilisers. An analysis suggests that implementing a domestic carbon tax could offset much of the economic impact by retaining revenue within the country, supporting household consumption, and cushioning industry losses. A hybrid approach combining domestic carbon pricing with CBAM could balance revenue retention and reduce export declines. The study recommends using carbon tax revenues for green subsidies, industrial decarbonisation, and targeted compensation, while diversifying exports and improving energy efficiency to mitigate adverse effects on urban and rural households.
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