Author: Neel Achary

India–EU FTA to Boost Market Access and Competitiveness for Indian Textiles: Sammir Dattani

Sammir Dattani, Executive Director, Sanathan Textiles mentions –

“The progress on the India – EU Free Trade Agreement will benefit the Indian textile and apparel sector, as tariffs on textile and apparel products will reduce from 12% to 0%, thereby enhancing cost competitiveness and market access in the European Union. This development creates opportunities for us to expand and explore demand across various European countries.

Europe is home to some of the world’s leading fashion brands and automotive manufacturers, both of which rely extensively on imported textiles for apparel, upholstery, technical fabrics, and automotive interior applications. Enhanced access to this market provides Indian manufacturers like Sanathan Textiles an opportunity to participate more deeply across fashion-led consumption as well as value-added technical and automotive textile segments.”

Haier Sets a New Style Statement with Lumière Colorful 4-Door Refrigerator range that Features Steel Design and Premium Cooling

Haier Appliances India, the world’s No.1 major appliances brand for 17 consecutive years, today announced the launch of its Lumière Colorful 4-Door Refrigerator range, expanding its premium portfolio to cater to style-conscious, modern Indian homes.

The Lumière range combines contemporary aesthetics with intelligent functionality, offering a luxurious expression of refrigeration. With a spacious 520L capacity and a premium Colorful Steel finish available in gloss and matte, the refrigerators are offered in three elegant shades – Pearl White (HRB-600 PW), Mauve Pink (HRB-600 MP), and Rosette White (HRB-600 RW) – thoughtfully designed to complement modern interiors while delivering reliable everyday performance.

As consumers increasingly seek appliances that blend style and practicality, the Lumière range introduces advanced features including a convertible zone, external digital control panel, 95° Anti-Tipping Door Racks, whisper-quiet operation, smart storage solutions, and Expert Inverter Technology with dual fans for stable, efficient cooling. These innovations combine to create a refrigerator that is both a functional necessity and a statement of contemporary living.

Commenting on the launch, Mr. NS Satish, President, Haier Appliances India, said:

“At Haier, we are dedicated to redefining premium refrigeration for modern Indian homes. The Lumière Colorful 4-Door refrigerator range sets a new benchmark in style and sophistication, transforming the kitchen into a space of luxury while reflecting Haier’s heritage of innovation, quality, and thoughtful design.”

The Haier Lumière range is available across India starting at INR 83,990 and can be purchased via the Haier website, leading e-commerce platforms, and retail outlets nationwide.

Key Features of Haier Lumière Colorful 4-Door Refrigerators:

• Colorful Steel Finish: Modern, elegant shades of Pearl White, Mauve Pink, and Rosette White.

• Convertible Zone: Flexible storage with up to 85% convertible space and dedicated freezer area.

• External Digital Control Panel: Intuitive temperature management without opening the door.

• Expert Inverter Technology with Dual Fan: Stable, efficient, and quiet cooling.

• Dedicated Fruit & Vegetable Box: Organised storage for optimal freshness.

• 95° Anti-Tipping Door Racks: Safer, smarter storage for bottles and containers.

• Whisper-Silent Operation: Quiet performance ideal for open kitchens and modern living spaces.

Haier’s Lumière range is designed to meet the evolving needs of Indian households, offering an unmatched combination of style, innovation, and performance.

Budget 2026 Is a Golden Opportunity for Education Reform, Says Nirvaan Birla

As India heads into Union Budget 2026, the education sector is looking for deeper implementation rather than sweeping policy changes. With clear intent around digital learning, AI readiness and skills-embedded education, the ecosystem is well placed to execute at scale. The focus now must be on taking experiential and AI-enabled learning beyond metros and ensuring first-generation learners are not left behind.

Sharing his pre-budget perspective, Nirvaan Birla, Managing Director of Birla Open Minds Education Ltd., says,

 “The upcoming budget is a golden opportunity to fuel India’s journey toward becoming a global talent powerhouse. By deepening the focus on teacher empowerment, we can turn the vision of the National Education Policy into a reality. The future belongs to a nation that invests in its learners today, ensuring every student has the tools to thrive in a digital-first world. As we head into #Budget2026, there’s a lot to feel positive about. The intent around digital learning, AI readiness, skills-embedded education and innovation is clear there, and with over 2 lakh recognised startups, the capacity to execute also exists.”

Budget 2026, he notes, presents an opportunity to strengthen implementation, empower educators and build a future-ready talent ecosystem.

Coromandel International Delivers Resilient Q3 FY26 Results

Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), a leading provider of agri-solutions in India, today announced its financial results for the quarter and nine months ended 31 December 2025. The Company continues to strengthen its leadership across fertilizers, crop protection, bio-products, specialty nutrients, organic fertilizers, and agri-retail, while advancing initiatives in agri-drone spraying and digital solutions that drive sustainability and farm productivity.

Q3 Standalone Performance:

• Total Income: Up 21% YoY

• EBITDA: Up 5% YoY

• PAT: Up 1% YoY

YTD Standalone Performance:

• Total Income: Up 30% YoY

• EBITDA: Up 20% YoY

• PAT: Up 19% YoY

Consolidated Results:

• Q3 Total Income: Increased from previous year

• Q3 PAT: Slightly lower than previous year

• YTD Total Income: Up significantly from previous year

• YTD PAT: Up from previous year

The Board has approved an interim dividend, reflecting a substantial return on equity.

Commenting on the results, Mr. S. Sankarasubramanian, MD & CEO, Coromandel International, said:

“Coromandel delivered a resilient performance this quarter despite a challenging business environment marked by a late monsoon, rising raw material costs, and currency depreciation. Our fertiliser plants operated at full capacity, delivering record quarterly production of NPKs. We maintained market leadership in the phosphatic fertiliser segment, achieving significant volume growth. Our Crop Protection business benefited from strong domestic and export demand, and our Retail network continued to expand with over 250 new stores this year.”

Nutrient and Allied Business:

• Q3 Revenue: Higher than previous year

• Q3 PBIT: Stable compared to previous year

• YTD Revenue: Up YoY

• YTD PBIT: Up YoY

Key projects include the Sulphuric acid and Phosphoric acid plants, on track for commissioning in Q4 FY26, and the fertiliser capacity expansion at Kakinada, slated for Q4 FY27. The Company also established a joint venture, Stuccoedge India Pvt Ltd, for Phospho-Gypsum products and initiated a water-soluble fertiliser plant at Vizag.

Crop Protection Business:

• Q3 Revenue: Up YoY

• Q3 PBIT: Up YoY

• YTD Revenue: Up YoY

• YTD PBIT: Up YoY

The Company has expanded the capacity of its key technical molecules and continues additional capacity augmentation. Its subsidiary, NACL Industries Limited, successfully completed a Rights Issue during the quarter.

Atlanta Electricals Secures Five New Orders, Boosting Order Book to Record Levels

New Delhi, Jan 30: Atlanta Electricals Limited (NSE, BSE: ATLANTAELE), a leading manufacturer of power transformers, has won five new orders worth ₹288 crore from Karnataka Power Transmission Corporation Ltd (KPTCL) and an Independent Power Producer (IPP) executing a project for NTPC. These orders are scheduled for execution over the next 12 months, taking the company’s order book to ₹2,787 crore.

The two orders from KPTCL, totaling ₹146 crore, include the supply of 13 transformers, comprising six 100 MVA, 220/110 kV power transformers and seven 150 MVA, 220/66 kV power transformers, along with 11 Nitrogen Injection Fire Protection Systems (NIFPS).

The three orders from the IPP, worth ₹142 crore, involve supplying ten 125 MVA, 220 kV transformers and five 100 MVA, 220/33 kV transformers for projects across Madhya Pradesh, Maharashtra, and Andhra Pradesh.

Mr. Niral Patel, Chairman and Managing Director, Atlanta Electricals Limited, said:

“These order wins reflect the robust momentum in India’s power sector, where both generation and transmission & distribution segments are witnessing strong growth. This upcycle is translating into sustained transformer demand and a healthy order pipeline. The NTPC order adds an optimal balance between utility and private sector projects.”

He added,

“We remain committed to strengthening the nation’s power infrastructure through advanced transformer solutions, while enhancing capacity utilisation across our expanded manufacturing base.”

Atlanta Electricals, listed on NSE and BSE in September 2025, recently reported consolidated financial results for Q3 FY26, recording strong revenue and EBITDA growth, along with a healthy PAT performance. With over 30 years of industry experience and a diversified portfolio spanning power, auto, and inverter-duty transformers, Atlanta Electricals continues to support India’s grid modernisation and capacity expansion through reliable and energy-efficient transformer solutions.