Business

11 Mar

Hilux Gets a Style Upgrade: Toyota Kirloskar Motor Launches Black Edition

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has unveiled the Hilux Black Edition, a special variant of its iconic lifestyle pickup truck, designed for adventure enthusiasts and urban explorers alike. Priced at ₹37.90 lakh (ex-showroom, uniform across India), the Hilux Black Edition blends toughness, power, and sophistication with an aggressive all-black theme. Powered by a 2.8L four-cylinder turbo-diesel engine paired with a 6-speed automatic transmission, the new Hilux delivers 500 Nm torque and features a 4X4 drivetrain, ensuring superior off-road capability. It boasts segment-leading 700mm water-wading capacity, an electronic differential lock, and traction control, making it ideal for rough terrains. The Black Edition…

11 Mar

Indusind Bank shares reduce 20% as lender reports Rs 1,530 crore derivative portfolio mismatch

Priyanka RoyBusiness, News

Shares of Indusind Bank Ltd tumbled 20% on Tuesday after the bank discovered discrepancies in its derivatives portfolio during an internal review. The detailed review revealed that the bank's total assets are estimated to be adversely impacted by about 2.35% by December 2024, equivalent to a potential loss of Rs 1,530 crore. The bank's total assets stood at Rs 65,102 crore at the end of December 2024. Indusind Bank's total assets are estimated to decline by Rs 1,600 crore to Rs 2,000 crore. The Hinduja-promoted lender plans to absorb this loss in its fourth quarter earnings or the first quarter…

10 Mar

Metropolis Healthcare launches an advanced diagnostic testing facility in Dibrugarh, Assam

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Metropolis Healthcare, India’s second-largest pathology laboratory chain, has inaugurated a state-of-the-art diagnostic laboratory in Dibrugarh, Assam. The facility, spanning approximately 1,200 sq. ft., is equipped to process up to 15,000 samples monthly and offers a wide range of tests, from routine pathology to specialized diagnostics. The inauguration ceremony was attended by Dr. Aprajit Sandilya, Director of Urovision Hospital, alongside Metropolis Healthcare senior officials, including Mr. Rajesh Tripathy and Mr. Anindya Majumdar. The lab marks Metropolis’ fifth processing facility in Assam, further strengthening healthcare access in the region. Mr. Bhoopendra Singh Rajawat, Chief Business Officer (West, East & North India), Metropolis…

10 Mar

Electric vehicle sales jump 19% in February

Priyanka RoyBusiness, News

New Delhi, Retail sales of electric passenger vehicles grew 19 per cent to 8,968 units in February, with Tata Motors topping the segment, according to data released by dealers' body FADA.Total electric passenger vehicle retail sales stood at 7,539 units in the same month last year.Tata Motors sold 3,825 units last month, while MG Motor India sold 3,270 units.FADA President CS Vigneshwar said in a statement, "Electric passenger vehicles recorded a good growth of 18.95 per cent year-on-year, reflecting growing consumer awareness and adoption of EVs in the personal mobility segment, now achieving a market share of 3 per cent."…

08 Mar

GNRC Celebrates International Women’s Day with Felicitation of Prominent Women Leaders

Business BureauBusiness

GNRC Hospitals, Dispur, celebrated International Women’s Day today with a special felicitation ceremony, honouring three distinguished women leaders of Assam and recognizing the unwavering contributions of its dedicated women employees. As a pioneer in specialty healthcare in Northeast India, GNRC Hospitals has consistently championed excellence in medical care, innovation, and community service. This year, GNRC Hospitals proudly felicitated: Dr. Alaka Goswami – Eminent Gynaecologist of Assam Ms. Sushmita Goswami – President, Guwahati Press Club Ms. Mridusmita Das Bora – Noted Sattriya Dancer & Entrepreneur Additionally, GNRC honoured its women employees who have dedicated over 25 years of service, including doctors,…

08 Mar

Take Control of the Road: Toyota Legender 4X4 MT Grade Now Available in India

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Toyota Kirloskar Motor (TKM) has announced the launch of the Legender 4X4 Manual Transmission (MT) variant, further strengthening its premium SUV portfolio. Priced at ₹46.36 lakh (ex-showroom), the new variant caters to adventure seekers who demand greater control, luxury, and off-road performance. The Legender 4X4 MT is powered by a 2.8L diesel engine, producing 204 PS of power and 420 Nm of torque. The 6-speed manual transmission enhances driving engagement, while Toyota’s advanced 4X4 technology ensures superior terrain handling. The SUV features a Catamaran-inspired design, a piano-black grille, LED lighting, and an exclusive Pearl White with Black Roof dual-tone finish.…

07 Mar

Castrol India shares increase 12% amid talks of Saudi Aramco bidding for BP’s lubricants assets

Priyanka RoyBusiness, News

Castrol India shares on March 6 recorded their biggest single-day rise in eight months amid talks of Saudi Aramco considering a possible offer for lubricants assets being sold by BP Plc.The world's largest energy company is studying whether to bid for part or all of the business that operates under the Castrol brand name, Bloomberg reported on March 5, citing sources.Aramco may consider combining the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal scheduled to be completed in 2023, the report said. Aramco is particularly interested in Castrol's operations in fast-growing markets such…

07 Mar

Toyota Kirloskar Motor Celebrates International Women’s Day 2025 with Renewed Commitment to Gender Equality

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Toyota Kirloskar Motor (TKM) reinforced its commitment to gender diversity in the automotive sector on International Women’s Day, unveiling new strategies to boost female representation to 30% by 2030. The company’s initiatives focus on skilling, workplace inclusivity, and infrastructure enhancement to create more opportunities for women in manufacturing and leadership roles. This year’s Women’s Day theme, #AccelerateAction, aligns with TKM’s efforts to dismantle industry barriers. A key highlight was a grand event at its Bidadi facility, bringing together over 500 women employees for leadership panels, cultural programs, and recognition sessions. TKM’s Women’s Marathon Team also showcased resilience, securing 10th place…

06 Mar

Zarina Laskar wins ‘Excellence in Fashion Entrepreneurship’ at FEMINA ACHIEVERS’ AWARDS 2025

Business BureauBusiness

Fashion entrepreneur Zarina Laskar has been honored with the "Excellence in Fashion Entrepreneurship" award at the FEMINA ACHIEVERS' AWARDS 2025 NORTHEAST, held at TajVivanta, Guwahati, on March 2. Hailing from Barak Valley, Laskar has gained national and international recognition for her brand STYLEYA, which blends North-Eastern handwoven fabrics with modern designs. Founded in 2017, STYLEYA has emerged as a leading fashion label, redefining traditional wear by integrating Assam’s rich textile heritage. The brand collaborates with local artisans and women weavers, ensuring both economic empowerment and cultural preservation. With a diverse collection—including Kaftans, Burkhas, Designer Kurtis, Lehengas, and an expanding men’s…

06 Mar

Luxury housing prices increase in Delhi, Mumbai, Bengaluru – Knight Frank

Priyanka RoyBusiness, News

New Delhi, March 5 Delhi has jumped to 18th spot among 100 cities globally in terms of annual price growth in the luxury housing segment last year, according to Knight Frank. Global property consultant Knight Frank's 'The Wealth Report 2025' showed that the Prime International Residential Index (PIRI 100) value is projected to rise 3.6 per cent in 2024. Of the 100 luxury residential markets tracked, 80 recorded positive or flat annual price growth. Among Indian cities, Delhi is ranked 18th, a significant jump due to a 6.7 per cent year-on-year (YoY) rise in luxury residential prices. Mumbai is ranked…