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AM/NS India steel powers Indian Navy's newly commissioned INS Malvan

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ArcelorMittal Nippon Steel India (AM/NS India) supplied 100% of the specialised steel required to build  INS Malvan , the Indian Navy's latest indigenously built Anti-Submarine Warfare Shallow Watercraft (ASW-SWC), commissioned on 22 July 2026 at Karwar, Karnataka. Manufactured at AM/NS India's integrated steelmaking facility in Hazira, Gujarat, the specialised steel used in the vessel highlights the role of advanced Indian steelmaking in supporting the country's growing defence manufacturing ecosystem and maritime security. The milestone further strengthens AM/NS India's contribution to India's self-reliance journey by supplying critical materials for strategically important national programmes. Mr. Ranjan Dhar, Director & Vice President - Sales & Marketing, AM/NS India, said,  "The commissioning of INS Malvan demonstrates how advanced manufacturing in India is supporting the country's defence preparedness. Producing specialised naval-grade ste...

Godrej Enterprises Group Commissions Advanced Material Handling Equipment Manufacturing Facility at Khalapur

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Godrej Enterprises Group's Material Handling Equipment (MHE) business  announced the commencement of operations at its advanced manufacturing facility in Khalapur, Maharashtra, marking a significant milestone in strengthening indigenous manufacturing and enabling the next phase of India's logistics, warehousing and supply chain growth. Located within the 360-acre Naoroji Godrej Industrial Park, the facility has been designed to cater to the growing requirements of sectors such as manufacturing, e-commerce, quick commerce, pharmaceuticals, engineering, automotive and warehousing. With an annual production capacity of 6,000 units, scalable to 15,000 units as demand grows, the facility enhances Godrej's ability to deliver innovative, locally designed and manufactured material handling solutions. Strategically located near key logistics hubs, including Nhava Sheva Port and the upcoming Navi Mumbai International Airport, the facility is well positioned to serve both domestic...

Godrej Consumer Products Limited its financial results for the quarter ended June 30, 2026

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               Double-digit revenue and profit growth   Godrej Consumer Products Limited (GCPL), a leading emerging markets FMCG company, announced its financial results for the quarter ended June 30, 2026.    FINANCIAL OVERVIEW Q1 FY 2027 FINANCIAL PERFORMANCE SUMMARY: ·         Q1 FY 2027 consolidated sales grew by 19% year-on-year on the back of underlying volume growth of 9%, Revenue and profit growth was broad based across all businesses -   Standalone business sales grew by 12% on the back of underlying volume growth of 7%, year-on-year -   Indonesia sales grew by 15% year-on-year -   Africa, USA, and Middle East sales grew 47% year-on-year ·         Q1 FY 2027 consolidated EBITDA* grew by 14% year-on-year. ·          Q1 FY 2027 con...

State Bank of India Financial Results for the Quarter Ended June 30, 2026 (Q1 FY27)

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    State Bank of India (SBI), nation’s largest Bank has announced its Q1FY27 results                                        Highlights Highest-ever quarterly net profit of ₹21,121 crore, up 10.23% YoY. Operating profit increased 9.77% YoY to ₹33,529 crore. Net Interest Income (NII) increased 14.88% YoY to ₹46,992 crore. Domestic NIM at 3.00% in Q1FY27, improved by 7 bps over Q4FY26. Whole Bank NIM at 2.86% in Q1FY27, improved by 5 bps over Q4FY26. Total business crossed ₹110 lakh crore, with deposits exceeding ₹60 lakh crore and advances crossing ₹50 lakh crore. Whole Bank Advances growth at 18.63% YoY with Domestic Advances growth at 18.15% YoY. Retail, Agriculture and SME (RAM) segments remained key growth drivers. RAM Advances grew by 18.20% YoY, with double digit growth in all segments. Retail, Agriculture, SME and ...

Lava announces Exciting Deals on Smartphones During Amazon Great Freedom Festival Sale

Lava International Limited,  India's trusted homegrown smartphone brand, is bringing exciting offers on its popular smartphone portfolio during the Amazon Great Freedom Festival Sale. The offers are available from 7 August to 12 August, giving consumers an excellent opportunity to upgrade to a feature-packed Lava smartphone at attractive prices.   As part of this limited-period sale, consumers can avail attractive offers on Lava's popular smartphones, including the  Agni 4, Bold N2 Lite, Bold N2, and Bold N2 5G . Along with special sale pricing, consumers can also avail HDFC Bank Credit Card and EMI offers, making it even more rewarding to upgrade to a Lava smartphone. Additionally,  Agni 4  will be available with a limited-period price drop, offering even greater value to consumers looking to experience Lava's flagship smartphone.  

HCLTech named OpenAI Advanced Partner

HCLTech , a leading global technology company, announced that it has achieved OpenAI Advanced Partner status within the OpenAI Partner Network. The OpenAI Partner Network is a global program for partners to build, sell, and deliver AI solutions with OpenAI. It brings together partners with deep industry expertise, delivery capabilities and customer relationships while equipping them with resources, enablement and support to help enterprises adopt OpenAI frontier models and products and turn them into measurable impact.   As an OpenAI Advanced Partner, HCLTech will continue working with OpenAI to help organizations build, deploy and scale AI-native Solutions responsibly, securely and at enterprise scale. HCLTech brings deep AI expertise across industries through its portfolio of sector-specific  Industry AI Solutions , helping enterprises use GPT-5.6 and ChatGPT Work to accelerate adoption and drive measurable business value.   HCLTech’s AI-powered service t...

Swiggy Dineout and Biscoff Join Hands to Rescue ‘Lonely’ Cups at cafés across India!

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Swiggy Dineout, the dining out vertical of Swiggy, and Biscoff joined hands for "DM a Lonely Cup", a new integrated campaign celebrating the iconic pairing of Biscoff with hot beverages. The campaign invites people across India to spot, share and "rescue" lonely tea and coffee cups by pairing them with a Biscoff cookie – bringing to life the belief that no cup is complete without a Biscoff by its side. To take this campaign to consumers, Swiggy Dineout has partnered with the brand to serve Biscoff cookies alongside tea and coffee in 55 cafés across 8 cities. This partnership is designed to make Biscoff part of these everyday rituals to celebrate the natural connection between Biscoff and tea and coffee occasions. Consumers can also join the movement online by sending pictures of their lonely tea or coffee cups and stand a chance to receive a Biscoff rescue kit featuring a custom Biscoff cookie sleeve. By turning a simple, everyday yet highly talked out social ...