Category Archives: Business

IDBI Bank Limited – Financial Results for Q1 of FY 2026

Operating Performance for Q1 of FY 2026

• Net Profit improved by 17% in Q1-2026 to ₹2,007 crore as against net profit of ₹1,719 crore in Q1-2025.
• Operating profit improved by 13% in Q1-2026 to ₹2,354 crore as against ₹2,076 crore in Q1-2025.
• Net Interest Income stood at ₹3,166 crore in Q1-2026 as against ₹3,233 crore in Q1-2025.
• Net Interest Margin (NIM) stood at 3.68% in Q1-2026 as compared to 4.18% in Q1-2025.
• Return on Assets (ROA) improved by 18 bps to 2.01% in Q1-2026 as compared to 1.83% for Q1-2025
• Cost of Deposit stood at 4.84% in Q1-2026 as compared to 4.58% in Q1-2025.
• Cost of Funds stood at 4.98% in Q1-2026 as compared to 4.81% in Q1-2025.
• Return on Equity (ROE) stood at 17.91%.
• Cost to Income Ratio stood at 48.86%.

Business Growth

• Total Deposits increased to ₹2,96,868 crore as on June 30, 2025 as against ₹2,77,548 crore as on June 30, 2024 registering a growth of 7% YoY.
• CASA stood at ₹1,32,553 crore and CASA ratio stood at 44.65% as on June 30, 2025. As on June 30, 2024 total CASA and CASA ratio were at ₹1,34,810 crore and 48.57%.
• Net advances stood at ₹2,11,907 crore as on June 30, 2025 as against ₹1,94,026 crore as on June 30, 2024 registering a growth of 9% YoY.
• The composition of corporate v/s retail in gross advances portfolio stood at 30:70 as on June 30, 2025.

Asset Quality

• Gross NPA ratio improved to 2.93% as on June 30, 2025 as against 3.87% as on June 30, 2024.
• Net NPA ratio improved to 0.21% as on June 30, 2025 as against 0.23% as on June 30, 2024.
• Provision Coverage Ratio (including Technical Write-Offs) stood at 99.31% as on June 30, 2025 from 99.34% as on June 30, 2024.

Capital Position

• Tier 1 capital improved to 23.71% as on June 30, 2025 as against 20.26% as on June 30, 2024.
• CRAR improved to 25.39% as on June 30, 2025 as against 22.42% as on June 30, 2024.
• Risk Weighted Assets (RWA) stood at ₹1,92,965 crore as on June 30, 2025 as against ₹1,77,755 crore as on June 30, 2024.

Significant Developments

• IDBI Bank was conferred with the Bhamashah Award from the State of Rajasthan for its CSR contributions in the field of education.
• IDBI Bank was awarded for the OCEN – GeM (Government e Marketplace) Sahay 2.0 initiative at Finnoviti 2025.
• IDBI Bank was awarded the ‘Best Mobile Banking Service of the Year 2025’ by Synnex India.
• IDBI Bank and the Regional Cancer Centre (RCC) in Thiruvananthapuram signed an MoU for strengthening cancer treatment with upgraded equipments.

India-GCC Designers Collaborate to Create Jewellery for SAJEX 2025

21st July 2025, Mumbai: GJEPC, the apex body of gem & jewellery trade in India, organized the Exporter and GCC Designers’ Workshop at the Bharat Ratnam Mega CFC, SEEPZ in Mumbai on 17th July. The event marked a key milestone in the lead-up to SAJEX (Saudi Arabia Jewellery Exposition), GJEPC’s first-ever show in Saudi Arabia, scheduled from 11th to 13th September 2025 at the Jeddah Superdome.

The workshop was inaugurated by Mr. Milan Chokshi, Chairman, Indian Institute of Gems & Jewellery (IIGJ) Mumbai and Mr. Sabyasachi Ray, Executive Director, GJEPC, along with distinguished designers and industry stakeholders. A special welcome was extended to Ms. Mahima Varma and Mr. Tarun Jain, Founders of the World Academy of Design, Dubai, who partnered with GJEPC to bring six leading GCC-based designers to collaborate with Indian manufacturers.

These six designers — Nadiyah Ghurmullah Alghamdi, Nouf Abdulaziz Sehli, Haifa Khaled Saeed Gathnan Alhadhrami, Fahima Saif Rashed Bakhit Alfalasi, Abeer Hussein Othman Yahya, and Fatimah Mohammed A Alsofi — travelled to Mumbai for this creative workshop focused on jewellery design trends in Saudi Arabia and GCC markets. They shared valuable insights and interacted closely with a select group of Indian exporters.

Delivering the keynote address, Mr. Sabyasachi Ray expressed his optimism about the initiative: “This design workshop marks a crucial step in deepening India’s engagement with the fast-evolving Saudi jewellery market. With Saudi’s jewellery market expected to grow from $4.5 billion to $8.5 billion by 2030, this is a timely initiative. The collaboration between Indian manufacturers and GCC-based designers will help create region-specific collections that reflect Saudi sensibilities while showcasing India’s manufacturing strength. SAJEX 2025 is not just an India show; it’s envisioned as a world jewellery show, and this workshop lays the foundation for its long-term success. Saudi has a young, affluent, and globally minded audience looking for style and substance — and India is perfectly poised to meet that demand.”

Adding to the sentiment, Mr. Milan Chokshi highlighted the broader design evolution taking place. “This initiative has the potential to spark something truly exciting in design. Indian jewellery design has evolved from referencing catalogues to creating original, contemporary pieces rooted in Indian heritage but made for the world. Today, as the Middle East undergoes its own transformation, this is a chance for GCC designers to draw from their own cultural identity and collaborate with Indian manufacturers to build something unique and globally relevant. The future belongs to original design — and this is where it begins.”

Bringing in the perspective of cross-cultural collaboration, Mr. Tarun Jain underlined the value of the exchange: “This collaboration is more than just a design exercise — it’s about building a communication bridge between Indian manufacturers and the evolving Gulf market. The designers we’ve brought in are visionaries who understand not only current trends but also future market demands. They’ll help manufacturers align their capabilities with regional preferences and guide them in communicating effectively with buyers at SAJEX. This mutual exchange of knowledge and creativity will lay the groundwork for long-term success in the GCC.”

Mahima Verma offered a detailed overview of consumer behaviour across the GCC region.

With this initiative, GJEPC is laying the groundwork for stronger ties between India and the Gulf. By bringing together design talent from both regions, the workshop is encouraging fresh ideas, meaningful partnerships, and jewellery that resonates with today’s global consumer. It’s a step towards building collections that not only reflect local tastes but also stand out on the international stage — just in time for the Council’s much-anticipated debut in Saudi Arabia with SAJEX 2025.

Tata AIA Tops India in MDRT Rankings for Third Consecutive Year

Mumbai, 21st July 2025: Tata AIA Life Insurance Company Ltd. (Tata AIA) is excited to announce that it has once again secured the highest number of Million Dollar Round Table (MDRT) members in India for the third consecutive year, while achieving an impressive #4 global ranking. With a record 2,871 MDRT qualifiers, this milestone reflects an 11% growth from the previous year, showcasing the rising calibre and unwavering dedication of Tata AIA’s advisors.

This remarkable achievement underscores Tata AIA’s commitment to delivering best-in-class financial advice, powered by the expertise of its MDRT-qualified advisors, ensuring that consumers receive exceptional service and guidance.

What truly sets Tata AIA apart is its deep commitment to diversity and inclusion. With an all-time high of 1,343 female MDRT members, Tata AIA has secured the #7 position globally among the Top 25 Companies by Female Membership. The 8.5% growth in female MDRT qualifiers highlights Tata AIA’s continuous efforts to empower women within the financial sector, ensuring that consumers benefit from expert, world-class financial advice delivered by a diverse team of advisors.

What Does This Mean for You?

 MDRT – The Gold Standard in Financial Advice

Being an MDRT member is considered the ultimate benchmark for life insurance and financial services professionals worldwide. These advisors demonstrate the highest level of professional knowledge, strict ethical conduct, and an unwavering commitment to delivering excellent service. When you choose a Tata AIA advisor, you are assured of receiving the best financial advice tailored to your unique needs, helping you protect your present and secure your future.

MDRT Advisors: Helping You Achieve Your Financial Goals

Tata AIA’s MDRT-qualified advisors go beyond selling life insurance. They leverage their expertise to guide you in making informed decisions that align with your long-term financial objectives. Whether it’s planning for retirement, securing your family’s future, or making the most of your investments, you will receive comprehensive, trusted advice that’s rooted in experience and dedication.

Providing Career Opportunities: The Best Place to Be an MDRT Advisor

Tata AIA is committed to creating rewarding career opportunities for individuals passionate about making a difference. By promoting the MDRT qualification, Tata AIA offers a clear career path for aspiring financial advisors. Through its Premier Agency model, Tata AIA selects and nurtures top talent, providing them with comprehensive training, career progression, and extensive digital support.

This investment in people not only strengthens the company’s network of advisors but also ensures that individuals seeking a meaningful, impactful career in financial services can find success. Tata AIA’s robust support system gives advisors the tools to achieve MDRT status, which means higher earning potential and a rewarding career helping people secure their financial futures.

Amit Dave, Chief Distribution Officer – Proprietary Business, Allied Channels and Agency Sales, Tata AIA, said, “It is truly an honour to be ranked #4 globally in the MDRT rankings and to continue leading the industry in India. This milestone is a testament to the success of our Premier Agency model and the relentless commitment of our advisors. The MDRT qualification is not just a personal achievement for our advisors; it represents the trust and confidence our consumers place in Tata AIA, knowing they are receiving world-class financial advice.”

 How MDRTs Drive Business Results at Tata AIA

MDRT-qualified advisors provide a distinct advantage to life insurers, offering expert guidance that leads to more satisfied consumers and higher retention for the brand. At Tata AIA, our MDRT advisors have been pivotal in delivering exceptional service, fostering a loyal customer base.

For FY 2024-25, Tata AIA ranked top in four out of five Persistency cohorts, including the crucial 13th-month persistency, a key measure of consumer loyalty and long-term financial health. Persistency tracks the percentage of consumer who renew their policies, reflecting trust in our services.

MDRT-qualified advisors drive this high persistency by offering personalized advice, understanding client needs, and providing continuous support, ensuring consumers remain confident in their decision to stay with Tata AIA.

Locks and Architectural Solutions unveils the Godrej Advantis GSL D1- India’s most accessible smart door lock

Chandigarh, 21^st July 2025: Locks & Architectural Solutions, a business of the Godrej Enterprises Group, a pioneer in the home safety and architectural solutions segment, today announced the pan-India launch of its latest hi-tech innovation, the Advantis GSL D1 smart door lock. Designed and made in India for the world, the Advantis GSL D1 is a breakthrough in modern home safety that blends aesthetic elegance with cutting-edge smart access technology & accessibility.

With price starting at ₹18,499/-Positioned as India’s most advanced digital lock for modern households, the GSL D1 has been engineered to meet evolving urban lifestyle needs, combining design sophistication & accessibility with multi-layered digital protection.

Mr. Shyam Motwani, Business Head – Locks & Architectural Solutions, Godrej Enterprises Group, said, “With Advantis GSL D1, we are redefining what modern home safety looks like. It’s not just about keeping your home safe, it’s about doing it with style, intelligence and simplicity. This launch marks a significant leap in smart home safety solutions for the Indian market, reinforcing our commitment to ‘Make in India, for the world”

Key Features That Define the GSL D1 Advantage:

• Mobile NFC: Hassle-free access without keys or cards
• Remote Operation Over Wi-Fi: Unlock and monitor your door from anywhere in the world.
• Mobile Bluetooth: Access doors via Bluetooth using the Godrej Smart Locks App.
• Biometric Security: Fingerprint-based access for advanced protection.
• PIN Code Access: Create complex, nearly unbreakable passwords using scrambled codes.
• RFID Card: Encrypted access cards to prevent duplication and ensure added safety. Simple to use, perfect for elderly family members.
• Mechanical Key Override: High-grade mechanical fallback using EXS technology.
• VDP Integration: Enhanced compatibility with video door phones for added convenience.

Now available in two sleek finishes — Rose Gold and Black, the GSL D1 also features Emergency Type-C USB charging, free installation, and a 3-year warranty.

The Advantis GSL D1 will be available in 350 + multi-brand home improvement stores across Gujarat. The product will also be available through major e-commerce platforms, ensuring rapid doorstep availability in urban metros.

As part of its larger vision, Locks & Architectural Solutions is continually innovating in the space of architecture and home safety, blending craftsmanship with intelligent smart home solutions. With the GSL D1, the company reiterates its promise of offering secure, stylish, and smart access solutions for the evolving Indian home.

The Belgian Waffle Co Closes National Waffle Day with 7 Lakhs Footfalls Across the Country

“National Waffle Day is always a landmark moment for The Belgian Waffle Co. This year, as we celebrate 10 incredible years of the brand, it held even greater significance for us. The massive response across our 660+ stores country-wide reflected not just the growing love for our waffles, but also the enthusiasm with which our customers embraced the idea of celebrating rituals and indulgence in a way that felt uniquely personal. It’s a celebration of our loyal community, our partners, and the culture we’ve built together. This massive success year-after-year is humbling and encourages us to remain committed to product quality, consistency and customer delight,” said Ankit Patel, Executive Director and CEO at The Belgian Waffle Co.

“This year, we repositioned the National Waffle Day to the third Wednesday of July, shifting away from a fixed day which our consumers were quite aware about. The overwhelming response to that shift is a testament to the strong emotional connect the brand shares with our community. With the #WhatsYourDrill campaign, we wanted to give our community a platform to express themselves in fun, meaningful ways, to build a movement around rituals and shared joy. From user-generated content to on-ground engagement, the enthusiasm we witnessed reaffirmed our belief in creating experiences that go beyond the product and connect emotionally with our audience.,” shared Vrushali Parab, Marketing Head.

Eastern India’s aluminium extrusion sector emerges as growth engine

ALUMEX India 2025 to spotlight regional potential and industrial transformation

Kolkata 19th July 2025: India’s ambition to achieve self-reliance in critical manufacturing sectors is set to gain a major boost with ALUMEX India 2025, the nation’s first and only dedicated platform for the aluminium extrusion industry. Organised by the Aluminium Extrusion Manufacturers Association of India (ALEMAI), and supported by Hindalco, Vedanta, and JNARDDC, an autonomous body under the Ministry of Mines, the three-day event will take place in New Delhi from September 10 to 13 and showcase the strength and potential of domestic extrusion manufacturing.

With more than 200 exhibitors and 12,000+ expected visitors across the globe, ALUMEX India 2025 will bring together leading industry players, MSMEs, technology providers, and policymakers to explore the future of aluminium extrusion across mobility, infrastructure, green energy, aerospace, electronics, and other sectors. The participation of global metal and metal recycling leaders will boost the quality and exports of Indian manufacturers.

Eastern India, particularly West Bengal, Odisha, Jharkhand, Bihar and Assam, is poised to play a pivotal role in the growth of the aluminium extrusion sector. The region is home to around 25 manufacturing facilities, having a combined production of 10,000 metric tonnes per month. Of these, ten units are located in West Bengal.

These plants are supported by Odisha’s abundant primary aluminium supply, providing cost advantages for downstream processing. They also benefit from demand from the industrial zones of Hooghly, Howrah, and Kharagpur, driven by urban infrastructure projects such as metro rail expansion, electric mobility, and solar power plants. Regional export activity is also on the rise, with producers in East India supplying to markets in Europe, the Middle East, and North America.

Jitendra Chopra, President of ALEMAI, said, “Eastern India holds immense strategic value for the aluminium extrusion industry. With rich mineral reserves, proximity to smelters, robust industrial corridors, and improving connectivity, it is a significant contributor to the sector. Eastern India will play an important role in reducing dependence on aluminium imports and driving the next chapter of growth in India’s aluminium extrusion sector.”

“ALUMEX India 2025 reflects our belief in India’s domestic manufacturing strength and offers a unique platform to showcase our capabilities before the world. It will enable collaboration, drive innovation and unlock new growth opportunities for Indian companies,” Mr. Chopra added.

Despite its unique advantages, Eastern India continues to face challenges such as high energy costs, limited access to advanced machinery, and a shortage of skilled CNC operators and metallurgists. Regulatory delays around environmental approvals and land allocation also hamper industrial expansion.

ALUMEX India 2025 will address these barriers through sessions on PLI schemes, technology localisation, green extrusion practices, and policy support for MSMEs. Business matchmaking and buyer-seller meets will facilitate collaboration across the extrusion value chain.

Out of approximately 400-450 aluminium extrusion plants in India, more than 225 are members of ALEMAI. Ranging from MSMEs to Nifty 50 companies, they have a combined production of 2.1 million tonnes per annum.

TATA Starbucks Unveils Its First Experiential Store in South India, in Hyderabad

Hyderabad, 19th July 2025: Following the successful launch of Starbucks India’s coffee experiential stores in Punjabi Bagh, Delhi and at Dhanraj Mahal, Mumbai, the coffeehouse has announced the opening of its newest coffee experiential store in Khajaguda, Hyderabad, the first in South India.

This launch reaffirms the brand’s commitment to delivering unparalleled coffee, craftsmanship, culinary innovation, and warm, personalized experiences. This store marks another milestone in bringing Starbucks globally celebrated coffee storytelling closer to Indian consumers, offering an immersive journey into the world of coffee.

A Tribute to Hyderabad’s Evolving Coffee Culture

The new experiential store brings to life Starbucks design language of storytelling, with the thoughtfully designed Espresso Zone and Brew Bar where customers can interact with Starbucks baristas and immerse themselves in the art and science of brewing. As Hyderabad continues to evolve as a vibrant cultural and culinary destination, this new experiential store brings an elevated coffee experience featuring origin inspired brews and immersive design.

Crafted with the Flavours of India

The Khajaguda store presents a curated line-up of exclusive Starbucks specialty beverages infused with Indian ingredients like jaggery, coconut, tamarind, chilli, and shikanji. Customers can savour signature handcrafted options including the Cinnamon Jaggery Latte, Malabar Coconut Cream Latte, Cocoa Birds Eye Chilli Latte, and the Tamarind Red Peroo Shikanji Cold Brew.

Curated Coffee Experiences, Global Craft Meets Indian Heritage

Rooted in the belief that every cup tells a story, this store invites coffee enthusiasts to embark on a journey of discovery, from bean to cup, across India and the world. Through this experiential space, Starbucks brings to life its global coffee narrative. From smallholder farms to expansive estates, Starbucks meticulously sources only the finest Arabica beans, each shaped by the soil, climate, and distinct characteristics of its origin. These carefully curated beans come together to deliver unmatched depth, flavour, and craftsmanship in every cup served at the Khajaguda store.

To further elevate the coffee experience of every coffee enthusiast, the store will also feature the Black Eagle, a sleek, refined, manual espresso machine that provides Coffee Masters full control over every stage of brewing and extraction. This one-of-a-kind equipment allows baristas to personalize each cup with precision.

Exploring the world with Starbucks one bean at a time

Expanding the palate further, the store also offers an extensive range of coffee selections featuring five exclusive espresso bean choices and thirteen whole bean variants from renowned growing regions including India, Kenya, Sumatra, and Latin America. For a truly exceptional experience, the store presents a globally curated selection, including Starbucks Willow Blend, Starbucks®

Single-Origin Zambia, Starbucks® Single-Origin Colombia, Pike Place Roast, and Starbucks® House Blend, appreciated by coffee connoisseurs worldwide.

Sushant Dash, ceo, TATA Starbucks, said, “The launch of our third experiential store in India is a testament to our commitment to redefining how Indians experience coffee. Hyderabad’s vibrant cultural and culinary evolution makes it an ideal destination for a concept that brings together global coffee craftsmanship and regional heritage. At Khajaguda, we’re creating immersive, memorable moments for our customers – one cup, one connection at a time.

The new experiential store at Khajaguda, Hyderabad will be open daily from 8 AM to 11 PM, inviting customers to explore, connect, and celebrate the love of coffee in a uniquely designed environment.

Tata Steel’s Hooghly Met Coke Hits 25 Million Tonne Milestone

Tata Steel’s Hooghly Met Coke in Haldia Becomes First Non-Recovery Coke Maker in India to Cross 25 Million Tonne Milestone

Chandigarh, July 19, 2025: Tata Steel’s Hooghly Met Coke (HMC) Division in Haldia has achieved a historic milestone, becoming the first-ever non-recovery coke-making unit in India to produce 25 million tonnes of coke in a single campaign life – without undergoing any major repair. This landmark achievement was recorded on June 29, 2025, reinforcing the Company’s reputation for operational excellence and resilience.

Commissioned over 17 years ago, HMC is Asia’s largest standalone coke plant with a production capacity of 1.6 million tonnes per annum. Uniquely designed without a by-product recovery unit, the plant efficiently utilises 100% of its flue gas to generate 120 MW of power, contributing to Tata Steel’s sustainable operations.

Chaitanya Bhanu, Vice President – Operations, Tata Steel Jamshedpur, said: “As the first non-recovery coke making unit in India to cross 25 million tonnes, HMC’s uninterrupted operations for nearly two decades is a testament to Tata Steel’s ability to maximise asset life and manage processes with unmatched efficiency.”

Despite challenges like annual heavy monsoons, corrosive saline conditions, and cyclonic impacts, the HMC team has consistently delivered high-quality metallurgical coke to Tata Steel’s blast furnaces. Through a combination of indigenous innovations and process optimisation, HMC has enhanced its efficiency and output over the years.

This historic accomplishment is a true reflection of Tata Steel’s commitment to innovation, resilience, and excellence in the iron-making process. The focus remains on sustainable growth, leveraging cutting-edge technology, and maintaining leadership in the global non-recovery heat recovery (NRHR) coke making industry.

Kinetic Green and Tonino Lamborghini of Italy partner to unveil electric Luxury Golf & Lifestyle Cart range for the global markets

Bengaluru, India – July 18, 2025 – In a landmark collaboration set to redefine luxury mobility, Kinetic Green Energy and Power Solutions Limited of India and Tonino Lamborghini SpA of Italy, today proudly hosted the grand global unveiling of their exclusive range of sophisticated and advanced golf and lifestyle carts for the global markets. The meticulously crafted golf and lifestyle carts are set to redefine luxury mobility, marking Kinetic Green’s groundbreaking entry into the bespoke 4-wheeler mobility segment and signals a major global expansion by the EV maker, along with Tonino Lamborghini SpA, where unparalleled Italian design seamlessly blends with Kinetic Green’s proven electric vehicle expertise.

The unveiling ceremony was graced by Hon’ble Union Minister of Industry and Commerce of India, Shri. Piyush Goyal, as the esteemed Chief Guest, joined by H.E. Dr. Antonio Bartoli, Ambassador of Italy to India, as the Guest of Honor, further cementing the strong ties between the two nations. Dr. Arun Firodia, Chairman of the Kinetic Group, and Dr. Tonino Lamborghini, Founder, Tonino Lamborghini SpA were among the key distinguished guests. The launch was attended by senior government officials, leading golf enthusiasts, prominent industrialists and hospitality moguls, as well as national and international media.

A fusion of Italian design and Indian Technology

A symphony of Italian design and Indian engineering, the Tonino Lamborghini Golf Cart embodies a luxury lifestyle statement. In a world first, these advanced electric vehicles – designed in Italy – will be manufactured in India and marketed globally under the prestigious Tonino Lamborghini brand and will sport the hallowed red shield with the iconic Bull. Tonino Lamborghini is one of the world’s foremost prestigious luxury brands, founded by Dr. Tonino Lamborghini over 45 years ago. This illustrious brand redefines lifestyle and has seen its business burgeon from bespoke furniture and lifestyle accessories, watches, the smart café format TL Rosso Café, iconic branded real estate to hospitality.

The golf and lifestyle carts created by this unique joint venture are sophisticated and stunning. Their design expresses a language that is differentiated, bold, elegant and timelessly Italian! Infused with the very soul of bespoke luxury, this golf cart extends the Tonino Lamborghini legacy, promising an unparalleled aesthetic. The Tonino Lamborghini Golf and Lifestyle Carts will be available across 2-seater, 4-seater, 6-seater, and 8-seater configurations, ensuring a perfect fit for a multitude of upscale applications – from championship golf courses and sprawling luxury resorts and hotels to vast private estates, exclusive gated communities, airports, corporate campuses, large recreational properties and industrial facilities.

Expressing her excitement during the special unveiling occasion, Dr. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green said, “For a long, the golf cart segment has awaited a true disruptor – an extraordinary offering that transcends the mundane. Over the years, the use of golf carts has extended well beyond golf- to luxury resorts, world-class airports, sprawling townships and corporate campuses and to personal use. But the design and specifications of popular golf carts has remained much the same, and this is where we see a large global market ready for disruption!

Our JV will leverage the long legacy of the Kinetic Group in automotive engineering, Kinetic Green’s pioneering expertise in design and manufacture of electric vehicles and the experience of our partner, Tonino Lamborghini’s global experience in redefining design and lifestyle experiences and to top it all, marketing our products globally using the famous red shield with the iconic Bull. This fusion of our robust Indian engineering and EV capabilities with Tonino Lamborghini’s unparalleled design prowess and global luxury vision is not just a partnership; it is a confident declaration. We are poised to create a disruption in this segment and work towards seizing leadership, globally, bringing a confident, and ambitious new benchmark to markets that are ripe for revolution. For Kinetic Green, this marks the beginning of our global journey, bringing Made in India EVs to the World. Kinetic Green’s aim is to build a USD 1 billion EV business by 2030 and this JV will play a key part in our global ambitions.”

Commenting on the occasion, Mr. Ferruccio Lamborghini, Vice President, Tonino Lamborghini SpA said, “This collaboration with Kinetic Green marks an exciting new chapter in the history of the brand founded by my father over 45 years ago. Together, we have created a project that combines the best of two worlds: the elegance and identity of Italian design with the strength, efficiency, and innovation of Indian manufacturing. This is more than an industrial joint venture – it is a bridge between two entrepreneurial cultures, united by a shared vision of the future. At Tonino Lamborghini, we believe in redefining everyday experiences into expressions of style, performance, and unmistakable identity. Our brand philosophy is deeply rooted in my family’s heritage yet constantly driven by innovation and a passion for excellence.

With these golf and lifestyle carts, we are bringing that philosophy to life in a new segment – delivering not just vehicles, but a bold statement of lifestyle in motion. We chose India not only as a strategic production base, but also as a symbol of openness, growth, and global ambition. With Kinetic Green, we share fundamental values: a deep focus on the customer, continuous innovation, and meticulous attention to detail. The result is a product range that reflects the very soul of our brand – powered by cutting-edge technology and destined for discerning customers around the world. The Tonino Lamborghini Golf Carts embody our vision of electric lifestyle mobility: elegant, high-performing, and purpose-driven. We are proud to launch this journey in such a dynamic market as India, confident that it will carry our style and passion for excellence to every corner of the world.”

Design and Technical Specifications

Beneath that captivating exterior lies an engineering marvel, delivering unrivalled performance and absolute peace of mind. Key features include Tailored MacPherson Suspension for unparalleled smoothness and Hydraulic Assurance with advanced four-wheel brakes for rock-steady stability. One can feel the ‘Power of the Bull’ with a robust 45 Nm of torque and 30% gradeability, ensuring effortless navigation anywhere. Tonino Lamborghini Golf Carts offer a whisper-quiet ride, powered by an advanced Li-Ion battery – with wireless battery charging system – which boasts of maintenance-free operation, 10-year life, and an impressive range of up to 150 km; all secured by a 5-year warranty for peace of mind.

The luxury lifestyle of these exclusive golf carts extends to functionality with enhanced ergonomics, featuring luxurious seating, generous legroom, and intuitive controls for an effortless driving experience. A testament to innovative design and engineering, the Universal Drive capability allows the Tonino Lamborghini Golf Carts to seamlessly adapt to both left and right-hand drive, truly embracing the freedom to drive in style in any part of the world.

Tonino Lamborghini Golf Carts are replete with intelligent features designed to elevate everyday convenience. A Smart TFT Dashboard provides vital information, complemented by essential safety features like Hill Hold for safety and Electronic Parking Brakes. Modern living is catered to with Wireless Mobile Charging, while LED Headlights ensure clear visibility. Practicality is not overlooked, with Extended Smart Storage, a dedicated Golf Bag Holder, an On-Board Charger, a Caddie Stand, and a Foldable Windshield.

 Global Business Plans

The global electric golf and lifestyle cart market is estimated to be a USD 5 Billion market and stands on the precipice of extraordinary transformation, due to growing use of these carts for multiple applications beyond golf, and due to preference for sustainable transportation for the last mile. North America’s commanding 40.3% market share, alongside Europe’s sophistication and Asia-Pacific’s meteoric ascent, creates an unprecedented opportunity across golf’s 60% dominance and lifestyle’s growing contribution at 40% penetration. Kinetic Green Tonino Lamborghini Pvt Ltd. has an ambitious global expansion plan, beginning with Asia, specifically India and UAE, and then plan to foray rapidly into the markets of Europe, USA and beyond. Over the next five years, the JV intends to be present in 30 countries representing 80% of the global golf cart market, with an aggressive growth plan targeting an annual revenue goal of $300 million within 5 years.

The company has unveiled their range of Tonino Lamborghini golf carts, with two significant series: The Genesis Range, a legacy to the origin, representing a chic Italian design; and the ultra-premium, futuristic Prestige Range, a legacy to the future. The two variant series will enable the Company to provide multiple applications and target different segments of the market.

The company has commenced the manufacturing of these stunning e-carts at its integrated manufacturing facility located near Pune and intends to leverage the Nhava Sheva port near Mumbai for its export operations. The company has appointed distributors in India, various markets in UAE, including Dubai, Abu Dhabi and Saudi Arabia, Maldives; and soon plans to finalize its distribution partners in New Zealand, Sri-Lanka and key markets in Asia including Thailand and Indonesia. After tapping these markets in the first phase, Kinetic Green Tonino Lamborghini will expand its operations to rest of Asia, Europe and USA markets.

Kaizen Café Is Quietly Redefining Wellness Dining in Goa

18 July 2025 | Panjim – Tucked away in Panjim but miles ahead in vision, Kaizen Café has been quietly building a loyal following for its bold take on wellness dining. This isn’t your typical health café. At Kaizen, the food is clean, but the flavor is loud. The vibe is minimalist, but the thinking is global. It’s where plant-powered meets high-concept — and where mindful eaters come to break the rules, not just follow them.

Founded by wellness entrepreneur and food curator Prerna Khetrapal, Kaizen opened with one clear belief: that eating well shouldn’t feel like a compromise. “I didn’t want to serve ‘safe’ wellness food,” says Prerna. “I wanted to create something sharp, elevated, and exciting — a space where flavor, creativity, and clean eating could coexist.”

With inspiration pulled from cafés in Dubai, London, and New York, the menu is unapologetically global — layered smoothie bowls, protein-rich salads, sourdough sandwiches, cold-pressed juices, and wellness-focused coffee drinks that are anything but basic. You’ll find ingredients like blue spirulina, açaí, edamame, matcha, black charcoal, yuzu, and blue pea tea — all chosen for their flavor, function, and impact.

“This menu is personal,” adds Prerna. “My close friend and food consultant, Simi Kohli, and I spent months crafting every element. We wanted to build something that reflected how we eat — clean but bold, plant-first but indulgent, rooted in wellness but never preachy.”

Signature Highlights

Smoothie Bowls

• Blue Spirulina and Açaí take center stage — antioxidant-rich, beautiful, and built to perform.
• No additives. No shortcuts. Just fresh fruit, nut butters, and house-made magic.

Salads & Nourish Bowls

• Stacked with clean protein, good carbs like quinoa and couscous, and dressings made in-house.
• Gluten-free options and macro-friendly builds make these bowls both smart and satisfying.

Sourdough Sandwiches

• Built on naturally fermented bread, made in-house.
• Featuring original spreads like hummus and muhammara, plus bold builds like:
  • I Am Content – a mushroom and truffle power move.
  • I Am Merry – black charcoal fettuccine that eats like pasta, detoxes like a pro.

Coffee & Sips

• Kaizen’s coffee culture is built around innovation — not imitation.
  • Coconut water ice cube lattes
  • Deconstructed frappuccinos
  • The must-try Coffee Tonic with Orange — a fizzy, citrusy take on cold brew inspired by Prerna’s London travels
• Herbal boosters like yuzu and blue pea tea bring mood, energy, and a hit of global wellness to every glass.

Design, Ethos & Edge

Kaizen is more than a café — it’s a mindset. The space reflects its menu: clean lines, calm energy, and zero excess. Sustainability is non-negotiable — from low-waste prep to compostable packaging and tight sourcing practices that reduce food miles and support high-integrity producers.

“We’ve always been this way,” says Prerna. “We just weren’t loud about it. But now we’re ready to tell the story — to share what we’ve built with a wider community of people who want more from their food. More flavor. More intention. More edge.”

Whether you’re post-Pilates or just chasing your next favorite flat white, Kaizen Café is where wellness gets its groove back — one mindful bite at a time.