Author: Neel Achary

Golubhai Badalia Diamond Named Luxury Partner for Bridal Asia SS’26 Season, Marking a Continued Alliance Rooted in Heritage

Golubhai Badalia Diamond has been announced as the Luxury Partner for Bridal Asia’s Spring Summer 2026 season, continuing the significant collaboration between two icons of heritage luxury. With this association, the revered diamond house brings its legacy of over five generations to one of the most prestigious bridal exhibitions in the country.

The showcase will span Bridal Asia’s key showcases in Mumbai and Delhi, offering visitors an exclusive opportunity to experience Golubhai Badalia Diamond’s signature creations. Each piece reflects the house’s philosophy of emotion-led luxury, where meticulous craftsmanship meets timeless design, creating jewellery that is deeply personal and enduring.

Headed by Golubhai Badalia, the brand represents a five-generation legacy rooted in trust, refinement and enduring relationships. Golubhai Badalia Diamond has built an enduring reputation for curating diamond jewellery that celebrates life’s most meaningful moments. Each stone is meticulously handpicked, and every design is crafted with intent, precision and an uncompromising eye for perfection.

Speaking on the continued association, Golubhai Badalia said,

 “The success of our association with Bridal Asia last year laid a strong foundation for this renewed collaboration. As a jewellery house built on generations of trust and craftsmanship, we see this partnership as an opportunity to further elevate the presentation of fine bridal jewellery in a space that complements our legacy. We look forward to the SS’26 season with renewed focus and intent.”

Through this continued partnership, Golubhai Badalia Diamond reinforces its position as one of India’s most trusted and respected luxury jewellery houses, where heritage, craftsmanship and emotion come together seamlessly.

Zscaler Appoints Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering

Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the appointment of Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering to address a fundamental shift: AI is evolving from chat bots into autonomous agents that function as both users and applications. This shift breaks legacy security models and introduces a new spectrum of advanced threats. Dr. Kocherlakota will lead Zscaler’s strategy to solve the problem at the architectural level, where traditional vendors attempt to patch these risks with isolated tools.

“Agentic AI is the future of how organizations will work, creating enormous opportunities for automation and scale, but also introducing significant new risks that legacy security tools cannot address,” said Jay Chaudhry, CEO, Chairman, and Founder of Zscaler. “Swamy brings a unique depth of experience in shaping AI strategies within complex, highly regulated environments. Under his leadership, we plan to accelerate the expansion of our Zero Trust architecture to secure human and machine identities alike, ensuring Zscaler remains the industry’s most trusted security platform for the AI era.”

A 30-year technology veteran who previously led AI strategy at a global financial analytics leader, Kocherlakota plans to accelerate the expansion of the Zscaler Zero Trust Exchange™, the platform trusted by 45% of the Fortune 500 organizations, to secure agentic workflows. Under his leadership, Zscaler plans to innovate deeper in the AI stack, providing the foundation AI developers and business leaders need to protect against the complex new spectrum of cyberthreats.

“Zscaler defined and pioneered Zero Trust security for users and applications, and I believe it’s the only company with the data and architecture required to secure the AI era,” said Swamy Kocherlakota, Executive Vice President of Agentic AI Engineering, Zscaler. “I look forward to helping our customers accelerate this transformation, enabling them to empower their business leaders while rigorously protecting their intellectual property, brand, and data.”

Forward-Looking Statements
This press release contains forward-looking statements that are based on our management’s beliefs and assumptions and on information currently available to our management. These forward-looking statements include the expected benefits of the AI Security. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. A significant number of factors could cause actual results to differ materially from statements made in this press release, including those factors related to our ability to successfully execute on AI security. Additional risks and uncertainties are set forth in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on November 25, 2025, which is available on our website at ir.zscaler.com and on the SEC’s website at www.sec.gov. Any forward-looking statements in this release are based on the limited information currently available to Zscaler as of the date hereof, which is subject to change, and Zscaler will not necessarily update the information, even if new information becomes available in the future.

TIPS Reports Stellar Q3 Performance

Mumbai, Jan 19:  TIPS Music Ltd (formerly Tips Industries Ltd.), one of India’s leading music labels, announced its financial results for the quarter ended December 31, 2025, delivering strong growth across key performance indicators.

Financial Highlights Q3 FY26

• Revenue from Operations: Up 21% year-on-year

• Operating EBITDA: Up 34% year-on-year

• Profit After Tax (PAT): Up 33% year-on-year

• EBITDA Margin: Improved significantly on a year-on-year basis

• PAT Margin: Expanded year-on-year, reflecting operating efficiency

Key Financial Performance Snapshot

• Revenue from operations grew 6% quarter-on-quarter

• Operating EBITDA increased 10% quarter-on-quarter

• PAT rose 10% quarter-on-quarter

• For the nine-month period ended December 2025, revenue, EBITDA, and PAT all recorded double-digit year-on-year growth

Key Highlights

• Revenue growth of 21% YoY, demonstrating continued momentum in music monetisation

• PAT growth of 33% YoY, supported by strong margins and cost discipline

• 108 songs released during the quarter, including 70 film songs and 38 non-film songs

• Notable releases included “Sheher Ghumawa” and “Halki Halki Nami”

• YouTube subscriber base expanded to 145.3 million

• Interim dividend of ₹5 per share declared for Q3 FY26, reinforcing shareholder value creation

• Total dividend payout for the nine-month period reflects the company’s commitment to returning 100% of last year’s PAT to shareholders

Digital & Content Performance

TIPS’ music catalogue continued to perform exceptionally across digital platforms:

• “Soldier Soldier Meethi Baatein” generated 2.7 billion views on Instagram

• “Tere Liye” crossed 2.1 billion views during the quarter

• “Meri Kahani” emerged as a cultural trend, used widely by public figures including Kumar Taurani, Virat Kohli, and Ajay Devgn to express personal journeys through social media

Management Commentary

Commenting on the results, Mr. Kumar Taurani, Chairman & Managing Director, said:

“We are pleased to report a strong performance in Q3 FY26, with revenue growing 21% year-on-year and PAT increasing by 33%. Our consistent focus on high-quality content, catalogue monetisation, and digital-first distribution continues to deliver sustainable growth. The Board’s decision to declare an interim dividend reflects our commitment to shareholder returns, having fulfilled our promise to distribute 100% of last year’s PAT.”

He further added:

“During the quarter, our catalogue demonstrated strong traction across YouTube and Instagram, reaffirming the enduring value of our music. We are also delighted to announce our partnership with B4U TV as our broadcast partner, which will further expand the global reach of our rich content library.”

Outlook

With a growing digital audience, a robust content pipeline, and expanding distribution partnerships, TIPS Music remains well-positioned to capitalise on the evolving global music consumption landscape while delivering long-term value to stakeholders.

Tata Capital Brings Champions Closer to Home with 

Tata Capital has launched its inspiring campaign, #ChampionsKiGulliyonMein, celebrating how today’s women cricketers are creating pathways for tomorrow’s champions. Created and conceptualised by Schbang, the campaign positions the brand as an enabler of dreams and ambition with showcasing its meaningful contribution to the growth of women’s cricket in India. 

The campaign emerges from a powerful cultural shift happening across Indian streets and pitches. For decades, gullies have been the training ground for cricketing legends in a predominantly male space. But the story is evolving. More girls are stepping onto pitches, claiming space, rewriting norms, and reshaping the future of cricket. Tata Capital supports the journeys, dreams, and courage of women who show up every day to play. 

In ‘Champions Ki Gulliyon Mein’, the narrative captures where cricket’s real foundation lies: in cramped lanes and neighbourhood streets, where raw passion compensates for polished facilities, and every small victory demands genuine effort. As the players celebrate their achievements, they echo the paths of innumerable cricketers whose first boundaries were hit in dusty streets, local grounds, and residential bylanes. This underscores a fundamental truth that champions aren’t manufactured under stadium 

floodlights, but forged much earlier, in the very gullies where dreams first take flight. 

Dipshika Ravi, National Creative Director, and Rohan Hukeri, Executive Vice President at Schbang, added,

“Every dream begins in the gullies. And every gully echoes with passion and belief. ‘The Champions ki Gulliyon Mein’ campaign speaks to millions of girls who learn to dream on the streets. Some of those dreams grow louder until one day, an entire stadium chants their name. With this film, we show that passion doesn’t watch the clock – from girls playing under the harsh 12-noon sun to champions returning to the gullies, it’s for every champion who owns the gullies.” 

The ‘#ChampionsKiGulliyonMein’ campaign establishes Tata Capital as a brand that understands that true enablement means supporting not just today’s champions, but creating pathways for generations to come. 

Halder Venture Limited Makes NSE Debut via Direct Listing

Kolkata, Jan 19: Halder Venture Limited, a leading agri-processing and rice milling company, today marked a significant milestone with the successful listing of its equity shares on the National Stock Exchange of India Limited (NSE). 

A total of 1,24,38,135 equity shares of face value ₹10 each have been listed on the NSE, representing the Company’s entire paid-up equity share capital of ₹12.43 crore. 

This NSE listing represents the latest chapter in Halder Venture Limited’s 100-year journey in India’s agri and food processing value chain. The Company was first listed on the Calcutta Stock Exchange in 1984, followed by its listing on main board of  BSE Limited in 2016, and now joins the NSE Mainboard, India’s largest equity exchange, further strengthening its capital market presence 

Commenting on the milestone, Mr. Keshab Kumar Halder, Managing Director, Halder Venture Limited, said

“Our listing on the NSE marks a defining moment in Halder Venture Limited’s century-long journey, from a heritage rice and oil milling enterprise to a professionally governed, scaled agri-processing and FMCG-led organization. This milestone significantly enhances our investor visibility, liquidity and institutional engagement. It increases access to the capital and equity markets, creating a stronger framework for institutional investors and broader participation. We believe this platform will encourage disciplined capital allocation and create a platform for accelerated growth across various sectors, while generating value for our shareholders. This marks the next chapter in our growth journey, one that will accelerate long-term value creation and enable us to expand our global footprint while staying anchored to strong governance and operational excellence.”

The NSE listing follows successful completion of court approved corporate restructuring where several group companies were amalgamated with Halder Venture Limited, including acquisition of the Haldia Unit of K.S. Oil Limited. The acquisition last year has added a significant edible oil processing capacity to the Company’s portfolio and strengthens its manufacturing presence in Eastern India. Strategically located near Haldia Port, the facility enhances supply chain efficiency and supports deeper regional market penetration.

Looking ahead, Halder Venture Limited is focused on building future-ready, value-added businesses across food and agri-tech segments. The Company aims to expand its presence in new geographies across Asia, Africa, and Europe, while deepening domestic penetration of its rice, edible oil, and vegetarian protein meal offerings. Future priorities also include entry into value-added organic foods with assured traceability, agri-tech initiatives, product innovations, and sustainability-led growth aligned with responsible environmental practices.

As on January 19, 2026, the Company’s market capitalisation on the BSE stood at approximately ₹338.80 crore. 

SW Network wins MINI India’s Creative Mandate

Delhi, Jan 19:  SW Network, a leading integrated creative and digital agency, has been awarded the complete digital mandate for MINI India, one of the world’s most beloved automotive brands known for its unmistakable design, go-kart feel, and distinct personality.

Under the mandate, SW Network will spearhead MINI India’s creative mandate, along with full-fledged digital and creative services aimed at strengthening the brand’s digital presence and growing its community across platforms. The account will be handled by SW Network’s Delhi team.

As part of the mandate, the agency will shape MINI India’s digital presence through bold creative thinking, culture-first storytelling, and performance-driven innovation. From high-impact brand campaigns and product narratives to lifestyle-led content and platform-native ideas, the focus will be on translating MINI’s iconic global personality into locally resonant digital experiences that spark conversations and build community.

Pranav Agarwal, Co-Founder, SW Network, said,

“Partnering with MINI India is a milestone moment for us. MINI is not just a car brand; it’s a global cultural icon, a lifestyle, and a statement in design. Building on this emotional connection and bringing it alive digitally is an exciting responsibility. Our aim is to craft a distinct, witty, and premium digital voice for MINI India while strengthening its creative performance. We are thrilled to collaborate with a brand that thrives on originality and look forward to creating work that moves both the brand and its audience.”

Abhinandan Gopalsetty, Director, MINI India, said,

“MINI has always stood for innovation, individuality, and creative expression. As our digital touchpoints continue to expand, we were looking for a partner who understands the brand’s unique spirit and can translate it seamlessly across platforms. SW Network’s strategic depth, creative agility, and strong digital capabilities made it the ideal choice. We are excited to work together on elevating MINI India’s digital footprint and engaging our community in fresh, meaningful ways.”

With this mandate, SW Network will collaborate closely with MINI India to enhance brand visibility, improve digital performance, and create immersive experiences that reflect MINI’s playful yet premium identity.

MagickHome Opens Its Largest Experience Hub in Bangalore; Inaugurated by Rukmini Vasanth

[Bangalore, Jan 19]: MagickHome, a modular home interior brand unveiled its flagship Interiors Experience Hub in HSR Layout, Bangalore, inaugurated by acclaimed Kannada film actress Rukmini Vasanth. Spanning 6,200 sq ft across two floors, the hub is MagickHome’s largest and most immersive destination, designed to completely reimagine how homeowners discover, experience, and choose interiors. Adding star power and strong cultural resonance to the occasion, Rukmini inaugurated the space, celebrating the growing intersection of design, lifestyle, and modern urban living in Bangalore.

Walking into the Experience Hub feels like stepping into a real home. Visitors can explore a full-scale 2BHK mock-up, moving seamlessly from an award-winning island kitchen to a thoughtfully integrated living and study area, a guest bedroom with a sliding wardrobe and sofa bed, and a master bedroom lined with floor-to-ceiling wardrobes. The space also showcases MagickHome’s patented, child-safe PU finishes, premium acrylics, and a wide range of laminations, opening up over 50,000 design permutations for personalised interiors.

Elevating the experience further is the Design Experience Zone, featuring the Pivoting Panel Matrix and Fabric Library, where customers can touch, compare, and visualise materials in real scale and lighting – turning complex choices into confident decisions.

Speaking about the launch, Indrakumar Pathmanathan, Chairman, MagickHome, said,
“MagickHome has always believed that great interiors begin with great understanding. This Experience Hub is a physical expression of that belief. It brings together design, materials, and real-life spaces under one roof, so customers can truly see, touch, and feel what their future home can be. Bangalore felt like the most natural city for this next chapter. It appreciates design, values quality, and is constantly evolving.”

On the customer experience and business vision, Ganesen Viswanathan, Vice President, MagickHome, added, “Today’s customer does not want to be overwhelmed by choices. They want guidance, transparency, and an engaging process. This store is built to do exactly that. From our 2BHK mockup to the Design Experience Zone, every element is designed to simplify decision-making while elevating the experience. Bangalore is a mature, design-aware market, and this hub allows us to serve it at scale while setting the foundation for our future growth.”

Speaking about the hub, Rukmini Vasanth, Indian actress, said, “What I loved about this space is how real it feels. You’re not just looking at samples and displays but actually walking through a home, understanding how the designs fit in everyday lives. It makes the process of planning your home feel simple, personal and very exciting”

With this launch, MagickHome positions Bangalore not just as a market, but as a partner in its design journey. The hub blends thoughtful design, global quality standards, and a deeply human approach to home-making.

Financial Results for the Quarter Ended December 31, 2025

Mumbai, Jan 17:  The Bank today announced its financial results for the quarter ended December 31, 2025 (Q3FY26), reporting strong business growth, improved profitability, and a marked enhancement in asset quality compared to the corresponding quarter of the previous year.

Key Financial Highlights (Q3FY26 vs Q3FY25)

• Total Business grew by 15.77% on a year-on-year basis

• Total Deposits increased by 13.24% YoY

  • CASA deposits constituted 47.13% of total deposits

• Gross Advances rose by 19.48% YoY

• Net Profit increased by 31.70% YoY

• Operating Profit grew by 16.76% YoY

• Net Interest Income (NII) remained stable during the quarter

• Net Interest Margin (NIM) stood at 2.96%

• Cost-to-Income Ratio improved by 99 basis points to 57.84%

• Return on Assets (ROA) improved to 1.01% from 0.87%

• Return on Equity (ROE) improved to 14.47% from 12.85%

Profitability Performance

• Total Income (interest income plus non-interest income) increased by 12.62% YoY during Q3FY26

• Operating Profit grew by 16.76% YoY and 4.26% on a year-to-date basis

• Net Interest Income declined marginally by 1.07% YoY

• Improvement in ROA and ROE reflects enhanced operational efficiency and disciplined cost management

Business Highlights

• RAM (Retail, Agriculture & MSME) portfolio recorded 17.89% YoY growth

  • Retail segment grew by 20.93%

  • Agriculture segment grew by 15.41%

  • MSME segment grew by 15.90%

• Business per Employee improved on a year-on-year basis, reflecting higher productivity levels

Asset Quality

• Gross NPA improved significantly to 2.70% from 3.86%, registering an improvement of 116 basis points

• Net NPA declined to 0.45% from 0.59%, an improvement of 14 basis points

• Provision Coverage Ratio (PCR) strengthened to 96.69%, reflecting prudent risk management

Capital Adequacy

• Basel III Capital Adequacy Ratio (CRAR) stood at 16.13%

  • Tier I Capital at 13.87%

• Capital adequacy remains well above regulatory requirements, providing strong support for future growth

Branch & Distribution Network

As of December 31, 2025, the Bank maintained a robust pan-India presence with 21,817 touch points, comprising:

• 4,567 branches, with 65.22% located in rural and semi-urban areas

• 4,111 ATMs

• 13,099 Business Correspondent (BC) points

• 40 BC Maxx points

CARS24 Reports Strong H1 FY26 Performance; Revenue Grows 18% YoY as Financing and Ownership Services Drive Next Phase of Growth

Mumbai, Jan 17:  CARS24, India’s leading auto-tech platform, today announced its financial results for the first half of FY26, delivering strong operating momentum, improving unit economics, and continued progress in its transformation from a buy-sell marketplace into a full-stack vehicle ownership platform.

During H1 FY26, Adjusted Net Revenue increased 18% year-on-year to INR 651 crore, while Adjusted EBITDA burn reduced by 36% YoY to ₹(162) crore, reflecting greater operating efficiency and disciplined cost management.

CARS24 maintained its position as the largest online used-car platform across India, UAE, and Australia. During the period, approximately 85,000 cars were transacted across the three markets, with Vehicle Transaction GMV of ₹3,731 crore.

Financing emerged as a key growth driver, with loans disbursed rising ~38% YoY to ₹1,637 crore globally. The company continues to scale non-captive financing offerings, including dealer consumer financing and refinancing, beyond traditional captive attach rates on retail car transactions, establishing financing as a meaningful and sustainable growth pillar.

Vehicle Ownership Services witnessed strong traction as CARS24 expanded into an end-to-end ownership ecosystem over the past 18 months. Offerings now include Insurance, Challan Payments, CarTruth (pre-delivery inspections and vehicle history reports), Buyback, and Chauferly. This segment generated ₹94 crore in GMV during H1 FY26, with transactions increasing 19x on the platform. The acquisition of CarInfo further strengthens the company’s focus on this high-margin, recurring-revenue segment, reinforcing its brand promise of “Better drives, better lives” by building long-term relationships with vehicle owners.

At its core, CARS24 remains technology-first, delivering a seamless experience to over 11 million monthly users across its platforms.

Looking ahead, the company expects H2 FY26 Adjusted Net Revenue to exceed ₹750 crore, representing approximately 35% YoY growth, with acceleration anticipated in Transaction GMV. CARS24 is also preparing for a potential IPO in the next 6–12 months, subject to market conditions and regulatory approvals.