Category Archives: Business

Ambuja Cements Records Strong Start to FY27, Advances Capacity Expansion Plans

New Delhi, July 28: Ambuja Cements has begun the financial year 2026–27 with strong operational performance, while continuing to focus on expanding its cement production capacity to 119 million tonnes per annum (MTPA).

The company’s expansion strategy aims to meet rising demand from India’s infrastructure and construction sectors while strengthening operational efficiency and long-term growth.

Ambuja Cements is investing in capacity enhancement, technology upgrades, and sustainable manufacturing practices to improve productivity and support future market requirements.

The company said the expansion plans will help strengthen its position in the cement industry and contribute to India’s ongoing infrastructure development.

With continued focus on growth, efficiency, and sustainability, Ambuja Cements is working towards building a stronger and more competitive business in the coming years.

Tesla Boosts India Expansion with New Service Facility and Model Y Experience

New Delhi, July 28: Tesla has expanded its presence in India by opening its first authorised body shop and commencing test drives of the Model Y, marking another significant step in the company’s plans for the country’s electric vehicle market.

The launch of the authorised body shop is expected to strengthen Tesla’s after-sales support by offering specialised repair and maintenance services for its customers in India.

At the same time, the company has started Model Y test drives, allowing prospective buyers to experience the electric SUV as Tesla prepares to expand its operations in the Indian market.

Industry experts said the twin initiatives reflect Tesla’s commitment to building a strong customer support network while increasing the adoption of electric mobility in the country.

The expansion is expected to boost consumer confidence, improve service accessibility, and support the growth of India’s electric vehicle ecosystem through greater competition and investment.

Tesla’s latest move signals its long-term focus on the Indian market as demand for premium electric vehicles continues to grow.

India’s Textile Exports Maintain Strong Growth, Cross INR 3.25 Lakh Crore

New Delhi, July 28: India’s textile and apparel sector has achieved a major milestone, with exports crossing ₹3.25 lakh crore during the 2025–26 financial year, reflecting strong global demand and the growing competitiveness of Indian products, the government said.

The strong export performance highlights the resilience of the textile industry, supported by improved manufacturing, expanding global market access, and continued policy support.

Officials said the sector continues to play a vital role in boosting exports, generating employment, and strengthening India’s manufacturing ecosystem.

The government attributed the growth to ongoing efforts to improve production capacity, enhance product quality, and promote Indian textile products in international markets.

Industry experts said the encouraging export numbers are expected to attract fresh investment, create employment opportunities, and further strengthen India’s position as a leading global supplier of textiles and apparel.

The latest export performance reflects the sector’s growing contribution to the country’s economic growth and reinforces its importance in India’s export-driven development strategy.

Strong Global Demand Pushes India’s Engineering Exports Higher in June

New Delhi, July 28: India’s engineering goods exports recorded a strong growth of 21 per cent in June, reflecting rising global demand and the growing competitiveness of Indian manufacturers.

India’s engineering goods exports rise 21 pc in June, Oman shipments jump five‑foldhttps://t.co/AT5YqQSNmW

via NaMo App pic.twitter.com/PiNAwTQoe6

— PMO India (@PMOIndia) July 28, 2026

The increase was supported by higher shipments to key international markets, with exports to Oman witnessing a significant rise during the period.

Industry experts said the growth highlights the strength of India’s manufacturing sector and the ability of domestic companies to expand their presence in global markets.

The rise in exports is expected to support industrial growth, create new business opportunities, and boost employment across manufacturing and related sectors.

The latest performance underlines India’s growing role as a reliable supplier of engineering products worldwide.

India’s Architectural Lighting Industry Lights Up with Innovation and Manufacturing Growth

New Delhi, July 28: India’s architectural lighting sector is undergoing a significant transformation, driven by policy support, advanced manufacturing capabilities, and a growing focus on innovative design solutions.

How PLI schemes, design in India and manufacturing excellence are transforming the architectural lighting industryhttps://t.co/9KtNF9ppUP

via NaMo App pic.twitter.com/hYNeDNS9Me

— PMO India (@PMOIndia) July 28, 2026

Government initiatives such as Production Linked Incentive (PLI) schemes and the emphasis on Design in India are encouraging manufacturers to strengthen domestic production, adopt new technologies, and create globally competitive lighting solutions.

Industry experts said the sector is moving beyond traditional lighting systems, with increasing demand for smart, energy-efficient, and sustainable solutions across commercial buildings, infrastructure projects, urban developments, and residential spaces.

Indian manufacturers are investing in research, technology upgrades, and quality improvements to enhance their global competitiveness while reducing dependence on imported products.

The growing focus on manufacturing excellence and design innovation is helping position India as an emerging hub for architectural lighting solutions.

With rising demand for modern infrastructure and sustainable development, the architectural lighting industry is expected to play an important role in supporting India’s growth story and creating new opportunities for businesses and consumers.

DENVER Forest Wood Redefines Everyday Luxury for the Modern Man

New Delhi, July 28: DENVER, one of India’s men’s grooming and fragrance brands, expands its premium SRK Autograph Collection with the launch of Forest Wood Perfume—a modern aromatic fresh woody fragrance crafted for men who want sophistication, versatility and lasting appeal in a single bottle.

Inspired by one of the most celebrated fragrance profiles in the world, Forest Wood captures the fresh-spicy-woody character that has defined contemporary men’s perfumery for years. Designed for daily wear yet refined enough for special occasions, the fragrance offers an elevated scent experience without the premium luxury price tag.

Forest Wood opens with an energising blend of grapefruit, bergamot and pepper, creating an instantly fresh and invigorating first impression. At its heart, patchouli, geranium and musk add depth and character, while a rich base of cedarwood, tonka beans and amber delivers a warm, masculine trail that lingers throughout the day.

As fragrance becomes an increasingly important part of personal style, modern consumers are seeking versatile scents that transition effortlessly from work to social occasions. Forest Wood has been created to meet that demand, offering a fragrance profile that works equally well for office hours, college campuses, date nights, weekend outings and evening gatherings across every season.

Part of the premium SRK Autograph Collection, Forest Wood reflects DENVER‘s commitment to bringing global fragrance trends to Indian consumers. Since 2020, the collection has featured fragrances co-curated with Bollywood superstar and global icon Shah Rukh Khan, inspired by his personal fragrance preferences and lifestyle. Each bottle carries Shah Rukh Khan’s autograph, making it a distinctive addition for fragrance enthusiasts and collectors alike.

Crafted using premium fragrance blends imported from France and bottled in India, Forest Wood contains 20% fragrance oil and is IFRA-certified, cruelty-free, skin-safe and long-lasting. The fragrance combines international-quality perfumery standards with a value proposition designed specifically for the Indian market.

Over the years, DENVER has established itself as one of India’s most trusted men’s grooming brands, with Shah Rukh Khan serving as the brand ambassador since 2017. Together, the brand and the superstar have helped shape a premium fragrance portfolio that brings international scent experiences within reach of Indian consumers.

With its fresh, clean and masculine character, Forest Wood is positioned as the ideal signature fragrance for men seeking a scent that is effortlessly wearable, universally appealing and confidently modern. Denver Forest Wood continues to witness strong consumer demand, with over 10,000 bottles sold every month. The consistent sales reflect the growing popularity of its bold woody fragrance, long-lasting performance, and premium appeal among modern consumers.

Putting Prevention First, Medanta Conducts Hepatitis Screening for 1,200 People

Gurugram, July 28: Viral hepatitis is a major public health concern in our country, with the World Health Organization estimating that India is home to an estimated 40 million people who are chronically infected with hepatitis B, and 6-12 million people who are chronically infected with hepatitis C[1].

Both infections attack the liver, and if left undetected, can over time progress to cirrhosis, liver failure, or even liver cancer. Both conditions are largely preventable and treatable when caught early — hepatitis B through vaccination and antiviral therapy, and hepatitis C through a fully curative course of direct-acting antivirals.

Despite this, a large proportion of infected individuals in India remain unaware of their status. On the occasion of World Hepatitis Day, Medanta has started a hepatitis screening initiative across all its units, bringing preventive liver health checks to more than 1,200 people. The initiative aimed to promote awareness about hepatitis, encourage timely screening for the disease, and highlight the importance of early detection in preventing long-term liver complications.

Emphasizing that routine screening remains one of the most effective tools for early intervention, Dr. Neeraj Saraf, Vice Chairman, Hepatology at Medanta Gurugram, said, “Viral hepatitis remains one of the most under-diagnosed conditions in the country, largely because it progresses silently for most people. Only in some cases can one observe symptoms like fatigue, joint pain, or jaundice and that too after years. The good news is that hepatitis C is completely curable today with a short course of oral antiviral medication, and while hepatitis B requires long-term management, with the right treatment it can effectively be controlled and even be functionally cured. Screening drives like this one are critical because they help us catch the infection before damage to the liver, and they remind people that a simple blood test today can prevent cirrhosis or liver cancer tomorrow.”

The screening drive will be held at Medanta Gurugram and Lucknow on July 28th, Noida and Patna on July 29th, Ranchi on July 30th, Indore on July 31st, and the Mediclinics at Gurugram’s Golf Course Road and Delhi’s Defence Colony on August 1st.

Through this initiative, Medanta reaffirmed its commitment to preventive healthcare and community outreach, encouraging citizens to get tested and take charge of their liver health.

India’s Warehousing Sector Maintains Growth Momentum Amid Strong Demand

New Delhi, July 28: India’s warehousing sector has continued to show resilience during the January-June period, supported by growing business activity, expanding supply chains, and rising demand for efficient storage solutions, according to a report.

The sector has seen steady interest from industries such as manufacturing, retail, e-commerce, and consumer goods, reflecting the increasing importance of modern warehousing infrastructure in India’s economic growth.

Experts said the stable demand highlights the changing landscape of logistics, with businesses increasingly focusing on faster deliveries, better inventory management, and technology-driven supply chain solutions.

Improved infrastructure, rising investments, and the expansion of organised warehousing facilities have further strengthened the sector’s outlook.

The report noted that India’s warehousing industry is playing a crucial role in supporting trade, strengthening supply chains, and creating new opportunities across various sectors.

With continued economic growth and increasing demand for efficient logistics networks, the warehousing sector is expected to remain an important pillar of India’s development journey.

Ortec Finance selected by Ostrum Asset Management for its GLASS ALM and PRISM Machine-Learning Optimization tools

London | July 28 – Ortec Finance, a leading provider of investment modelling solutions, today announced that Ostrum Asset Management, an expert Insurance and Institutional investment manager and affiliate of Natixis Investment Managers, has selected Ortec Finance’s GLASS ALM and PRISM Machine-Learning Optimization solutions to provide an enhanced investment solutions offering to its insurance and pension clients.

Following an extensive technical evaluation, Ortec Finance’s advanced Strategic Asset Allocation tooling was selected by Ostrum Asset Management to serve as a single and consistent platform for developing tailored investment strategies. The selection reflects growing demand among asset managers for advanced modelling capabilities that support increasingly complex insurance and pension investment challenges.

By leveraging advanced analytics and scenario modeling, Ortec Finance’s solutions will support Ostrum Asset Management investment teams in delivering enhanced investment insights that help insurers and pension funds as they navigate uncertainty and pursue long-term financial objectives.

Ortec Finance’s GLASS platform is industry-leading for Insurance and Pensions ALM. It includes robust capital market assumptions that drive full balance sheet dynamics and the optimization of complex objectives and constraints, such as Solvency ratios and risk capital, with the PRISM scenario-based machine-learning optimizer. Customizable, interactive, analytics dashboards translate detailed results into meaningful insights and illustrate value to stakeholders.

By incorporating advanced tools into their investment solution design, asset managers can offer clients enhanced risk management capabilities to tailor investment strategies to their specific objectives and constraints. The implementation of GLASS as a common platform across both insurance and pension use cases offers methodological consistency and process efficiency while supporting sophisticated investment solution design.

Ortec Finance’s advanced modelling techniques enable users to optimize asset allocation decisions by directly targeting regulatory capital, funding and reporting objectives and constraints, irrespective of the complexity. This allows investment managers the ability to quantitatively evaluate the risks and benefits of alternative investment strategies relative to their risk-return objectives and overall balance sheet positions. 

“We are thrilled to have been selected by Ostrum Asset Management to support its investment solutions capabilities,” said Hamish Bailey, Managing Director, at Ortec Finance. “This decision not only illustrates the power and flexibility of the GLASS system, but also its ability to help asset managers serve insurance and pension clients through a single, consistent modelling platform.”

NTPC Posts Strong Q1 Performance, Profit Rises 12 pc on Operational Growth

New Delhi, July 28: Power sector major NTPC Ltd has reported a strong performance in the first quarter, with its profit rising 12 per cent, beating market expectations and reflecting steady growth in its core operations.

The company’s improved earnings were supported by consistent power generation, efficient operations, and continued demand for electricity across the country.

NTPC said the quarterly performance reflects its focus on strengthening India’s energy security while advancing investments in renewable energy, technology upgrades, and sustainable power solutions.

The company continues to expand its clean energy initiatives alongside its conventional power business to meet the country’s growing electricity requirements and support long-term energy transition goals.

Industry experts said the positive results highlight the resilience of the power sector and NTPC’s ability to maintain growth momentum amid changing market conditions.

The strong quarterly performance is expected to reinforce investor confidence and support NTPC’s future expansion plans as the company continues to play a key role in India’s evolving energy landscape.