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15 May

TAJ LAKE PALACE, UDAIPUR IS NUMBER 1 GLOBALLY IN ‘ONE-OF-A-KIND HOTELS’ BY TRIPADVISOR

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#TajLakePalaceUdaipur Chandigarh: Taj Lake Palace, Udaipur has been ranked #1 globally in ‘One-of-a-Kind Hotels’ category by Tripadvisor’s Travelers’ Choice Best of the Best Awards 2025. Tripadvisor unveiled the category this year to honour the most unique and unforgettable stays that go beyond conventional hospitality. This recognition places the hotel in the top 1% globally based on traveller reviews and ratings. Mr. Ashok Rathore, Area Director – Rajasthan, IHCL said, “Taj, for over a century has been the custodian of India’s heritage and culture having restored some of the country’s most celebrated royal palaces that date back to the pre-independence era.…

15 May

Adani Cement makes Indian infra professionals future-ready through nationally recognised EEP

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#AdaniCementACCEEP Chandigarh: Ambuja Cements and ACC, the cement and building material companies of the diversified Adani Portfolio, are advancing their commitment to nation-building by upskilling India’s infrastructure workforce through support for the Executive Excellence Programme (EEP). Since 2020, EEP has trained over 2,000 civil engineers and architects, with 175 professionals completing the programme in 2024 alone. The EEP offers short-term residential courses, which blend academic rigour with real-world application. The first two editions of the EEP were designed and conducted in collaboration with IIT Kanpur, followed by IIT Gandhinagar, and most recently at IISc Bangalore. Participants gain advanced skills in asset management, sustainable construction, and emerging technologies—earning…

14 May

Shree Cement announces Q4 EBITDA surge 46% QoQ led by focus on pricing and operational efficiency

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#ShreeCementQ4FY25results Chandigarh: Shree Cement, India’s third largest cement group by capacity, today announced its financial results for the quarter and year ended on 31st March, 2025, reflecting a robust performance. On sequential quarter basis, the Company reported a 142% rise in profit after tax to ₹556 crore, 24% rise in revenue to reach an all-time high of ₹5,240 crore while EBITDA surged by 46% to ₹1,381 crore. Financial Highlight ₹ in crore Particulars Quarter ended 31st March, 2025 31st March, 2024 31st December, 2024 Net Revenue from Operations 5,240 5,073 4,235 Operating Profit (EBITDA) 1,381 1,327 947 Profit after Tax…

14 May

Vedanta Commits To Powering India’s Tech Sector With Transition Metals & Value-Added Products

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#VedantaValueAddedProducts Chandigarh: On National Technology Day, Vedanta Limited, India’s leading producer of energy transition metals commits to powering India’s technology and engineering sector through its thrust on value-added and sophisticated range of metals. Vedanta is expanding its value-added products for its zinc and aluminium products. The company has forayed into zinc alloys with a 30 KTPA plant while the aluminium business plans to significantly boost the share of value-added products in its portfolio to over 90% in the near-term. For its aluminium capacity expansion, Vedanta's board has approved about $1.5 billion, including a smelter expansion (for additional aluminium production) and…

14 May

Club Mahindra Leads with Inclusion: Transitions Acacia Palms in Goa into an All-Women-Run Resort

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#ClubMahindraGoaAllWomen Chandigarh, 13th May 2024: Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, has announced a ground-breaking initiative with the transformation of its Acacia Palms resort in Goa into an all-women-run property under its portfolio. This initiative marks a historic milestone as Acacia Palms becomes the first resort of its kind across the Club Mahindra Portfolio. The transformation of Acacia Palms into an all-women-run resort underlines Club Mahindra’s unwavering commitment to gender diversity, inclusion, and women empowerment in the hospitality industry. From resort operations to the guest services, every aspect of the resort is managed by…

14 May

IIFL Fintech Fund Announces the Second Exit From The Fund Clocks More than 100% Return for Investors

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#IIFLFintechFundReturn Chandigarh: IIFL Fintech Fund, India’s leading early-stage fund dedicated to fintech sector, today said that it has exited the financial data analytics firm - Finarkein Analytics – at more than double the valuation in three years of investment. This is IIFL Fintech Fund’s second exit after TrustCheckr, a fraud detection firm, which was bought by global caller identification app Truecaller in October 2023. IIFL Fintech Fund made ~80% returns on TrustCheckr investment within 18 months, when it was sold. Finarkein’s data and workflow orchestration platform allows enterprises to co-create data products on India’s emerging digital public infrastructure (DPI) like…

14 May

UPL LTD Announced 8% Revenue Growth, 175% Growth in Net Profits

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#UPLLTDRevenueGrowth Net Debt Reduction of $1.04 Bn Chandigarh: UPL Ltd, announced its financial results for the fourth quarter and full year ended March 31, 2025. Revenue increased to ₹155.7 Bn, compared to ₹140.8 Bn in Ǫ4 FY24, led by 11% volume growth and robust performance across all businesses. Commenting on the Ǫ4FY25 and full year performance, Jai Shroff, Chairman G Group CEO, UPL Ltd., said: “Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth,…

13 May

Ambuja Cements empowers rural youth with EV assembly training at SEDI Bhatapara

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#AmbujaCementsEVSEDI Chandigarh: Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, has launched a new Electric Vehicle (EV) Assembly Operator Trade at its Skill and Entrepreneurship Development Institute (SEDI) in Bhatapara, Chhattisgarh. The initiative, driven by Ambuja Cements’ CSR arm aims to prepare rural youth for the fast-evolving electric mobility sector—equipping them with future-ready skills that align with the growing demand for green transportation across the nation. A state-of-the-art EV lab has been set up at SEDI Bhatapara, offering hands-on training on electric rickshaws, scooters, cars, battery systems, and motor controls. Building on earlier skilling efforts…

13 May

PNB Housing Finance Expands its Portfolio with new Fixed Rate Non-Home Loan Product

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#PNBHousingFinanceLoanProduct Chandigarh: PNB Housing Finance Limited, India’s third-largest housing finance company, today announced the launch of its new Fixed Rate Non-Home Loan (NHL) product, a high-yielding financial solution designed to cater to diverse customer needs. Applicable on non-housing loan products such as loan against property, commercial plot purchase, loan against plot, and lease rental discounting, this new solution aims at enabling customers avail easy access to credit at fixed interest rates starting 10.00%, depending on their eligibility criteria. A fixed rate of interest on mortgage solutions will help customers plan their financial journey with certainty, avoiding market fluctuations and extended loan…

12 May

Golden Day: Sensex zooms nearly 3,000 points, Nifty jumps 900 points in biggest-ever day

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#GoldenDaySensexzooms2975 Mumbai: On A Golden Day In percentage terms, both indices surged 3.4 percent, notching up their second-highest gains in four years. The only bigger jump in percentage terms took place on February 1, 2021, when both indices rose by more than 4.7 percent. Benchmark indices saw a record rally on May 12, with the Sensex soared nearly 3,000 points and the Nifty 50 advanced by over 910 points, marking their biggest single-day gains in absolute terms ever. Easing border tensions between India and Pakistan significantly boosted investor sentiment, along with a significant progress in trade negotiations between US and…