Author: Neel Achary

Remsons Industries financial results for Q4 and FY25

Mumbai, May 21, 2025

Remsons Industries Ltd., a leading player in the automotive components sector, has announced its highest ever annual performance, with a revenue of over ₹377 crores. The company also reported a 20% YoY growth in Consolidated EBITDA and a 19% YoY increase in Profit Before Tax (PBT), a testament to its robust operational execution and strategic vision. On a Q4FY25 basis also the Revenue and EBITA grew at 31% and 37% over Q4FY24.

“We’ve not only met our targets, but we’ve shattered our past records,” said Mr. Krishna Kejriwal, Chairman and Managing Director. “This is a defining moment in Remsons’ journey, and we’re just getting started.”

Global Momentum & Strong Order Pipeline

Remsons secured significant orders from global OEMs, reinforcing its position as a trusted partner in the automotive supply chain. The company’s order book now stands at ₹700 crores, setting the stage for sustained growth in the coming years.

Strategic Acquisitions Driving Innovation

In a bold move to future proof its portfolio, Remsons completed three major acquisitions:

• Uniautomation (Pune) – 55% stake (May 2024): Specialists in automotive sensors.
• Bee Lighting (UK) – 51% stake (Oct 2024): A marquee name in automotive lighting and styling.
• Magal Cables (UK) – 100% acquisition (Oct 2020): Experts in Cables, Winches, and Pedal Systems.

“These acquisitions are more than expansions, they’re strategic leaps into next-gen automotive technologies,” added Mr. Kejriwal.

Financial Strength & Innovation Focus

With a healthy debt-to-equity ratio of 0.63, Remsons continues to maintain strong financial discipline while aggressively investing in R&D and innovation. The company is building a robust pipeline of future-ready products to meet evolving industry demands.

“We’re investing in the future — in technology, in talent, and in transformation. Remsons is on a mission to redefine mobility,” Mr. Kejriwal concluded.

IMFA Stays Strong Amid Market Volatility, Eyes Sustainable Future

Bhubaneswar, May 21, 2025: Indian Metals & Ferro Alloys Ltd (IMFA; estd 1961), the country’s leading fully integrated producer of ferro alloys, has announced results for Q4 and full year ended March 31^st, 2025.

Business Highlights

• Chrome Ore raising crossed 700,000 lakh tonnes mark for the first time
• Work has started on the 100,000 tpa ferro chrome expansion at Kalinganagar
• Agreementsigned with leading RE companies for 110 MW hybrid renewable energy on RTC basis
• Ethanol Project on track to be commissioned in Q4 FY26

Financial Performance

Standalone for Q4 FY25

Financial Highlights                                                                                                                             (in cr)

Operational Highlights

Management Comment

Commenting on the results, Mr Subhrakant Panda, Managing Director said: “Despite a challenging macroeconomic environment and depressed commodity prices during Q4, IMFA demonstrated resilience by leveraging its fully integrated business model and long term debt free Balance Sheet along with a sharp focus on operational efficiency. With ferro chrome prices recovering from its recent lows, we are seeing improved margins in the ongoing quarter which will translate into better financial performance going ahead.”

Mr Panda added: “The Kalinganagar Project, which will increase production capacity by 40%, is on track and we expect to start operations in Q2 FY27. We have tied up with leading RE companies for hybrid renewable energy timed with our expansion plans, and this will substantially reduce our carbon footprint. Similarly, the diversification into ethanol looks to effectively utilise available infrastructure and will be value accretive.”

Market Commentary – Q4 FY26 and Outlook

Commodity markets in general were affected by geopolitical disputes and uncertainty brought about by trade policy related developments. As a result, ferro chrome prices in particular corrected sharply making it unviable for most producers, especially as chrome ore prices remained elevated due to supply constraints. South Africa continued to experience high logistics and electricity costs, and Glencore announced that it would curtail ferro chrome production until market conditions were more conducive.

There has been a noticeable turnaround in ferro chrome prices, supported by measures taken by China to support domestic consumption. Moreover, the announcement of a preliminary deal to walk back reciprocal tariffs by the US and China is also a positive development. As such, a positive bias for ferro chrome prices is expected in the first half of FY26 especially given higher input costs.

Continental Coffee Introduces Its First Lemon Iced Tea Premix – A Refreshing New Beverage

Hyderabad, May 21, 2025: Continental Coffee, one of India’s leading beverage brands and a subsidiary of CCL Products (India) Limited, has launched a refreshing new addition to its growing portfolio – the Continental THIS Lemon Iced Tea Premix. Available pan-India, this marks CCL’s first consumer-facing product in the tea segment previously offered only through institutional formats under the brand Continental Chaay.

The Lemon Iced Tea Premix will be available in two convenient formats – a 400g pouch and a 140g stick pack (10g x 14 sticks) catering to both individual and family consumption. On the distribution front, the product will be accessible across general trade and modern retail outlets. For digital-first consumers, it will be live on major e-commerce and quick commerce platforms including Big Basket, Blinkit, Swiggy, Zepto and Amazon.

Speaking about the launch, Raja Chakraborty, CMO, Continental Coffee, said: “At Continental Coffee, we’re constantly innovating to meet evolving consumer preferences. We observed two strong insights – first, that many young Indians grew up drinking lime-based beverages like Rasna, Rooh Afza or lime soda during summers, but Lemon Iced Tea wasn’t commonly made at home. Second, with home-prepared iced tea now becoming a fast-growing trend, we saw a clear opportunity. Our Lemon Iced Tea premix addresses this gap, making it easy, accessible and delicious to prepare café-style iced tea at home.”

Preetam Patnaik, Head of Marketing, Continental Coffee, added: “Today’s generation is exploring a wide range of beverage options when they step out—seeking variety, refreshment, and new experiences. Naturally, they want to recreate that same excitement and convenience when they’re back home. With our Lemon Iced Tea premix, we’re bringing that out-of-home experience indoors—offering a refreshing, easy-to-make option that’s both familiar and contemporary. Perfect for the Indian summer, this launch reflects our ongoing commitment to meeting evolving consumer needs with locally inspired innovations.”

The launch is a testament to CCL’s consumer-first approach, offering more than just hot beverages and expanding into refreshing drink formats for all seasons. The product offers the convenience of an instant mix while delivering the same zesty, cooling experience that iced tea lovers crave during India’s long summer months.

MG Windsor Exclusive PRO Debuts with Bigger Battery, Premium Features

Gurugram, May 21, 2025: Continuing its momentum in the Indian EV sector, JSW MG Motor India today launched the MG Windsor Exclusive PRO variant, further expanding its electric vehicle offerings. The MG Windsor Exclusive PRO variant will be available at an ex-showroom price of INR 17,24,800 and BaaS price of INR 12.24L + INR 4.5/km. Starting today, customers can book this car at their nearest MG dealership by paying a sum of INR 11,000 and the deliveries of this variant will commence in the first week of June. Bringing together luxury and practicality, the Exclusive PRO variant offers the signature comfort of the MG Windsor alongside a larger battery pack for worry-free long-distance travel.

Speaking on the launch, Rakesh Sen, Head of Sales, JSW MG Motor India, said, “The overwhelming response to the MG Windsor PRO is evident, with more than 8,000 bookings recorded within 24 hours of its launch. With the top variant now established, we are expanding accessibility of the MG Windsor by introducing the Exclusive PRO variant, offering a larger battery pack alongside premium comfort and convenience. This move is intended to bring the MG Windsor PRO closer to more customers.”

The MG Windsor Exclusive PRO features the futuristic AeroGlide design language and is built on MG’s Global Smart Electric Platform, renowned for its reliability. The new interiors are plush, and the reclinable (up to 135 degrees) The Aero Lounge seats make every journey a premium experience. Its immersive technology, powered by i-SMART # with 80+ connected features,100+ AI-based voice commands, and entertainment features, is powered by a massive 15.6” GRANDVIEW Touch Display in the central console, fitted with nine speakers.

JSW MG Motor India will offer a lifetime battery warranty to the first owner of the MG Windsor PRO. In addition, the company will extend its 3-60 assured buyback plan for the MG Windsor PRO ensuring that it’ll retain 60% of its value after 3 years.

Finesse Cyberhub Automates Suryoday Bank’s Cybersecurity Infrastructure with Securaa’s AI-Powered SOAR Platform

India, May 21, 2025: Finesse, a leading holistic digital transformation partner, has successfully implemented Securaa, an advanced security orchestration, automation, and integration (SOAR) platform, for Suryoday Bank, a prominent financial institution in India. This integration marks a significant enhancement from their previous manual security processes to Securaa’s automated and efficient threat management system.

Suryoday Bank’s extensive range of banking services and its commitment to innovation demanded a more effective cybersecurity solution to safeguard its complex IT infrastructure. The legacy manual processes, which involved handling numerous security alerts and threat information through email, no longer, met the demands of the bank’s growing operations, highlighting the need for a more sophisticated and streamlined solution.

Finesse Cyberhub Team conducted a thorough evaluation of the bank’s security needs and identified Securaa as the ideal platform. This advanced system provides automated threat analysis and response, seamless integration with existing tools, and improved efficiency in managing security incidents. Securaa now processes threat information automatically, quickly blocking harmful activities and reducing delays in response times.

The integration of Securaa has brought substantial benefits, including faster threat detection and response, streamlined operations, and enhanced overall security posture. The new system has drastically reduced the time required to handle and block threats, enabling the SOC team to act swiftly and efficiently.

“We are grateful to the Suryoday Bank for trusting Finesse and partnering with us to streamline their security processes using SOAR solution (Securaa),” said Gaurav Gupta, AVP -Sales, Finesse Global. “We are excited about this opportunity and will continue to work closely with Suryoday Bank to ensure this initiative meets its goals, thereby bringing exponential benefits to Suryoday Bank”.

By adopting Securaa, Suryoday Bank demonstrates its commitment to leveraging cutting-edge technology to maintain a secure and resilient IT environment. This strategic upgrade reflects the bank’s proactive approach to cybersecurity and its dedication to staying ahead of emerging threats.

“AI-driven SOAR (Security Orchestration, Automation & Response) solutions are transforming the way security operations are managed. At Securaa, we leverage artificial intelligence to automate repetitive tasks, enhance threat detection, and accelerate response time,” said Rajesh Krishna, Founder & CEO, Securaa. “Our platform empowers SOC teams to focus on critical analysis while automating actions across use cases such as phishing detection, IOC blocking, and ransomware prevention. The successful deployment at Suryoday Bank highlights how intuitive, AI-powered playbooks can reduce response times from 48–72 hours to under a minute, ensuring a proactive and resilient cybersecurity posture”.

SOAR (Security Orchestration Automation & Response) Solutions are an anthology of technologies designed to automate using API, scale, and make security operations teams more efficient. It exists to optimize analysts’ skills by automating monotonous tasks and helping organizations streamline security operations in the mentioned key areas: Use cases, Threat Intel, and Incident management and auto-response.

Finesse Cyberhub, as a system integrator and Securaa as OEM and a holistic digital transformation partner, has played a pivotal role in this advancement, offering not only an advanced security solution but also a comprehensive approach to digital innovation. This collaboration highlights Finesse Cyberhub’s expertise in delivering end-to-end solutions that enable organizations to thrive in an increasingly complex and secure digital landscape.

“We choose Securaa over other SOAR platforms and find it a holistic and value-for-money proposition. Playbooks configurations are quite simple to design, and over the period, our management trainees(MTs) are creating new playbooks. We build certain playbooks to turn around indicators to apply in a normal course from 48-72 hours to a minute. Playbooks on the use cases like IOCs blocking, SOC use cases automation, inbound/outbound malicious traffic, phishing email detection, known Ransomware family prevention, Unknown Ransomware family prevention etc,” said Anshuman Pund, Chief Information Security Officer, Suryoday Bank. “This integration marks a significant enhancement from manual security processes to Securaa’s automated and efficient threat management system”.

KidZania Mumbai Presents Summer Mania 2025 With Exciting Activities for Kids and Adults

Mumbai, 21st May 2025: This summer, KidZania Mumbai invites you to step into a whole new world of family entertainment with Summer Mania 2025! Running until June 15th, the indoor city for kids is turning up the heat with a season-long celebration packed with high-energy games, tech-powered challenges, and immersive fun, now designed for everyone in the family.

This summer vacation, KidZania is offering activities that are beyond just kids’ play, making it a unique blend of interactive experiences that engage both children and adults alike. Families can bond over a diverse mix of hands-on challenges and collaborative games.

Get ready for high-energy fun with games like Think Fast, a reflex-testing stick challenge, and Table Football, perfect for friendly family duels. Speed meets focus in the Blink Tap Challenge, while cricket lovers can swing into action with MetaShot, a smart-tech cricket experience. Take on digital games like darts and soccer at the Interactive Sports Challenge or race remote-controlled cars at the RC Race Arena. For a tasty twist, the Parle zone offers mess-free cooking with coolers and snacks that bring families together.

With tech fuelled excitement and creative hands-on activities, Summer Mania 2025 is all about joy, bonding, and innovation. Adults can join in too with fun options like Cap Marbling, Wax Hands, Sand and Soap Art, 360° Video, Zumba, and One Minute Games — making it a truly all-age summer celebration.

To make your visit even more rewarding, KidZania Mumbai has introduced new, attractive pricing options — including complimentary entry for adults with toddlers and the return of the popular last 3-hour slot, giving families more flexibility and value during their visit. With over 100+ role-play activities and multiple ticket options to suit every need, a day at KidZania is one filled with learning, fun, and unforgettable memories.

M2M Ferries and CFTI Launch Project Drishti, Bringing Free Eye Care to Mandwa

21st May 2025, M2M Ferries Terminal, Mandwa, Alibaug – M2M Ferries, Maharashtra’s largest Ro-Pax ferry service, joined hands with CFTI – Centre for Transforming INDIA to conduct Project Drishti, a flagship initiative by CFTI. Focused on promoting eye health and improving access to essential care, the camp offered free eye checkups to local communities in Mandwa, alibaug, facilitating early detection and necessary vision support.

The event was inaugurated with speeches by representatives from M2M Ferries and CFTI, highlighting their ongoing partnership and commitment to the Mandwa and Alibaug communities. In the past, this collaboration has led to impactful initiatives like distributing 120 school kits in April 2024 and 80 bicycles to young girls in May 2023. Continuing this effort, the eye checkup camp offered free screenings, vision tests, and consultations, reinforcing the importance of accessible eye care as part of holistic community well-being.

“At M2M Ferries, we recognize that access to quality healthcare is as essential as access to education. Through Project Drishti, we aimed to make basic eye care accessible to those who often go without it. Good vision plays a crucial role in everyday life, and early detection can make all the difference.” says Devika Saigal, CEO of M2M Ferries.

M2M Ferries is deeply committed to giving back to the communities not just by providing safe and affordable transportation, but also by supporting initiatives that promote health, education, and social well-being. “This eye checkup camp was more than just a health drive, It was about creating awareness and enabling individuals to take control of their health. A simple eye test can be life-changing, and we’re proud to be part of that change.” added Aashim Mongia.

The eye checkup camp was held at The Ocean Club, located at the M2M Ferries Terminal in Mandwa. As part of the initiative, 250 eye check-ups were conducted, with corrective glasses distributed, and more than 30 cataract surgeries facilitated. This initiative reflects the continued commitment of both M2M Ferries and CFTI to enhancing healthcare access in the communities they serve. Through such efforts, the organizations strive to promote overall well-being and empower individuals to lead healthier, more informed lives.

Hyatt House Noida Sector 140A To Introduce a New Extended Stay Experience

CHICAGO – 21st May 2025 – Hyatt Hotel Corporation (NYSE: H) announced plans for the Hyatt House brand to debut in the National Capital Region of India as part of a landmark mixed-use development, the Flagship. Located in Noida, the signing of this 127-key, extended stay hotel, owned by IT Infrastructure Park Private Ltd, a subsidiary of CRC Group, will be strategically located within the 11.16-acre site.

 As Noida and Greater Noida continue to emerge as thriving economic hubs, Hyatt House Noida Sector 140A is poised to meet the rising demand for premium accommodations driven by the rapid expansion of key industries. With a dynamic influx of corporate activity from major conglomerates in IT/ITeS, electronics manufacturing, automobile, and food processing sectors, the hotel will be strategically positioned to cater to business travelers seeking a seamless blend of comfort, convenience, and modern amenities. By offering an elevated hospitality experience tailored to the needs of professionals, this hotel is set to become a preferred choice for corporate stays in this fast-growing region.

 A New Benchmark in Extended Stay Hospitality
Designed for both transient and extended-stay guests, Hyatt House Noida Sector 140A will offer contemporary, residential-style accommodations to meet the growing demand from project-based stays, international business visitors, and corporate relocations. The hotel will serve professionals and business travelers whether they need accommodations for a single night or several months.

 Elevated Amenities and Thoughtful Dining Experiences
Hyatt House Noida Sector 140A will feature thoughtfully designed spaces, including:
• A fitness center with state-of-the-art equipment, a stretching area, and an outdoor pool.
• A recreational zone with indoor activities, gaming consoles, billiard tables, and board games.
• A vibrant food and beverage offering, including a 125-seat, all-day dining restaurant, a poolside bar, and a market-style café with grab-and-go options.
• Outdoor seating and a private dining room for 20-25 guests.
• Large conference and event spaces, catering to corporate meetings, symposiums, training sessions, and social gatherings.

Dhruva Rathore, Vice President of Development, India & Southwest Asia, Hyatt, said, “We are delighted to announce plans to introduce the Hyatt House brand to Delhi NCR. Hyatt House Noida Sector 140A, a vibrant and contemporary extended-stay hotel, will offer the perfect balance of comfort, convenience, and a sense of community. Ideally situated in Noida’s commercial hub, this property is set to be a top choice for business travellers, expatriates, and families seeking a seamless home-away-from-home experience. As we expand our brand footprint in India, we remain committed to redefining extended-stay hospitality by anticipating evolving guest needs, fostering meaningful connections, and delivering exceptional service. With Hyatt House Noida Sector 140A, we look forward to elevating long-term stays while contributing to the region’s dynamic growth.”

 Kunal Bhalla, Founder and CEO, CRC Group, and Director of IT Infrastructure Park Private Ltd, commented “Noida’s rapid rise as a commercial and industrial center has led to a growing need for high-quality extended-stay accommodations. Hyatt House Noida Sector 140A will be ideally positioned to address that need, aligning with our broader vision for The Flagship and the region’s evolving business landscape.”

 Salil Kumar, Director-Marketing and Business Management, CRC Group and spokesperson for IT Infrastructure Park Private Ltd, said, “This hotel will play a key role in shaping a dynamic ecosystem within The Flagship development. We’re proud to work with Hyatt to introduce an offering that blends global brand standards with the local business community’s unique needs.”

Sterlite Electric Ltd secures Rs7,500 Cr in Total Order Wins for FY’25, driven by Robust Q4 Performance of Rs2,400 Cr

Mumbai, May 21, 2025— Sterlite Electric Ltd (formerly known as Sterlite Power Transmission Limited), a leading global power products and solutions business, has secured ₹2,400 crore in orders during Q4 FY’25, marking its highest quarterly order book win for the financial year. This brings the company’s total order wins for FY’25 to ₹7,500 crore. These order wins reflect Sterlite Electric’s leadership in building future-ready, sustainable power infrastructure, both in India and globally.

The order book spans high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialized EPC services, with a particular focus on advancing India’s green energy transmission infrastructure. The company also continues to expand its export footprint, particularly in the Americas, European Union, Africa, and the Middle East, with high-performance conductors and OPGW solutions.

Commenting on the continued success of the company’s business, Mr. Reshu Madan, CEO, Sterlite Electric Ltd, said, “Our strong Q4 performance, with record order wins, reflects the growing demand for our innovative and sustainable transmission solutions. As the global energy landscape evolves, Sterlite Electric continues to lead the charge in integrating renewable energy into power grids. The significant traction from both domestic and international markets, along with our growing export presence, reinforces our position as a trusted partner for utilities and industries worldwide. We remain committed to delivering high-quality, future-ready products and services that drive the global energy transition.”

Key Order Highlights are as follows:

· High-Performance Conductors & Optical Ground Wire (OPGW)

In Q4, the company received several prestigious orders. Major wins include orders for TBCB projects and supply of high-performance conductors through EPC. These are critical for enabling the evacuation of renewable power to the grid. OPGW segment witnessed enormous traction from PGCIL and state transmission utilities with repeat orders for 96F and 144F cables.

Export momentum in Conductors continued across key markets in the Americas, EU, Africa and the Middle East. OPGW segment also made inroads in Europe and the Middle East.

· Power Cables

Power Cables secured orders across MV, HV, and EHV segments from various state utilities and key clients like private Discoms, metro systems and power generation companies.

Exports footprint also witnessed expansion with the company winning its first project with a 132 kV smart cable solution for a renewable energy firm in South-East Asia, along with repeat orders from the Electricity Authorities from Asia and Africa.

The company also secured largest order of 220 kV smart cable solution order from India’s largest private sector distribution company.

· Specialized EPC Services

Specialized EPC services business secured project wins from prominent state utilities for uprating and reconductoring projects using advanced ACCC technology to boost power flow and grid stability.

These wins highlight Sterlite Electric’s ability to deliver integrated, high-performance solutions at scale, supporting India’s clean energy goals and driving transmission innovation globally.

Renny Strips powers India’s urban rise with advanced Scaffolding and Formwork Solutions

New Delhi, 21stMay 2025 – Renny Strips, a pioneer in building material industry, is driving India’s urban revolution by offering innovative scaffolding and formwork solutions created to address the changing requirements of contemporary infrastructure.

As India is undergoing a phase of aggressive urbanization, with more than one-third of its population residing in cities and estimates showing this will increase to 600 million in 2036—40% of the population—the need for high-rise structures, smart infrastructure, and resilient construction technologies is of an unprecedented nature.

Urban regions are expected to contribute nearly 70% towards India’s GDP by 2031, and hence there is the demand for robust construction solutions to enable this growth. India’s vertical boom is driven by space limitations in densely populated urban cities, government push with the Smart Cities Mission and RERA, as well as with technological advancements which can enable skyscrapers to be safer and more efficient.

Renny Strips fills this fast-paced scenario with scaffolding and formwork systems built from strong steel of high quality that provides maximum load-carrying capacity and strength, and precision-fitting designs that reduce assembly time and labour costs.

Mr. Sarthak Gupta from Renny Strips said, “Our mission is to empower India’s urban growth with innovative, reliable, and eco-friendly building solutions that accelerate construction while ensuring safety and sustainability. By combining engineering excellence, vertical integration, and environmental responsibility, we help builders realise their vision—one floor at a time.”

The product line of Renny Strips includes a wide array of customized, safety-critical components tailored for complex builds, as well as a diversified range of finished products across scaffolding, formwork, and infrastructure support. This makes Renny a one-stop destination for construction partners in quest of strength, scalability and sustainability.

Renny’s economically viable solutions adhere to strict national and international safety standards, such as CBAM compliance without trading off on performance. Its products adhere to rigorous national and international safety regulations, such as CBAM certification. Its green manufacturing processes emit up to 75% less carbon than competitors, testifying to its strong eco-practice ideals.

With 90% of raw materials sourced in-house within three inter-connected manufacturing facilities, Renny Strips maintains total control of quality, precision, and on-time delivery. Further, a wide variety of customized, safety-critical components enable complex builds, while the large finished product range covers scaffolding, formwork, and support for infrastructure, providing extensive solutions for the construction industry.