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India.com
29 minutes ago
- India.com
Confirmed: Renault Duster Coming Soon - Expected Launch, Prices, Features & More
Renault Duster: Renault India has confirmed the relaunch of its most well-known SUV in the country, the Duster. The French carmaker will bring in the third-generation Renault Duster and its 3-row version in India. The 5-seater Duster is expected to be launched in early 2026 and will take on SUVs like the Hyundai Creta, Maruti Grand Vitara, Kia Seltos, Skoda Kushaq, and more. Its 7-seater model might follow a few months later, competing with SUVs like the Tata Safari, Mahindra XUV700, and Hyundai Alcazar. Turbo-Petrol Engine And Hybrid Setup The French automaker has recently unveiled the Renault Boreal SUV, equipped with a 1.3L turbo-petrol engine and a 6-speed dual-clutch automatic transmission, delivering 138bhp/156bhp of power with 240Nm of torque. It also supports flex fuel, producing 163bhp and 270Nm of torque. Renault claims the Boreal can accelerate from 0 to 100kmph in 9.26 seconds. It offers four drive modes: Eco, Comfort, Sport, and MySense. The same powertrain setup is anticipated in the India-spec new Renault Duster and its 7-seater version. According to media reports, both models could also get hybrid powertrain options. The 5-seater Duster might feature a 1.6L petrol engine with two electric motors and a 1.2kWh battery pack, producing a combined output of 140hp. Its 7-seater version might come with a 108bhp petrol engine paired with a 1.4kWh battery pack powering a 51hp motor. Expected Features While the official feature list will be revealed later, many features are likely to be borrowed from the recently unveiled Renault Boreal SUV. These may include dual 10-inch screens (one each for infotainment and instrumentation), powered front seats with massaging (for the driver only), a premium Harman Kardon sound system, dual-zone AC, panoramic sunroof, 360-degree camera system, and Level 2 ADAS. Expected Prices The new 5-seater Renault Duster is expected to be priced between Rs 10 lakh and Rs 15 lakh, while 7-seater models will likely be priced in the range of Rs 14–15 lakh to nearly Rs 18 lakh.
Hans India
29 minutes ago
- Hans India
India's listed startups raise over $5 billion from public markets in FY25
New Delhi: Venture-backed Indian startups raised over Rs 44,000 crore ($5.3 billion) in FY25 from public markets via initial public offerings (IPOs), follow-on public offerings (FPOs), and qualified institutional placements (QIPs), a report said on Monday. Public markets outpaced private capital for late-stage fundraising, solidifying their role as the dominant source of growth capital, according to Rainmaker Group's 'RainGauge Index FY25 Annual Report'. FY25 also marked the first full market cycle for India's startup listings after a euphoric period for IPOs in 2021–22, sharp corrections in 2023, and rationalisation in 2024. "All of this unfolded with a backdrop of a cyclical economic slowdown in India in FY25, causing a lot of consumer-facing companies to battle margin compression and weak topline momentum, the report said. The fiscal year also saw a secondary exit of over Rs 20,000 crore as private equity/venture capital (PE/VCs) harvested early bets through block deals. 'FY25 didn't just test India's startup listings, it matured them,' said Kashyap Chanchani, Managing Partner, The Rainmaker Group. The public market has become the preferred playground for India's breakout companies. We've now seen the full arc - the IPO frenzy, the valuation winter, and now a clear re-rating driven by fundamentals, Chanchani said. The financial year also saw some symbolic structural changes. Meanwhile, mutual fund participation surged, with average holdings in RainGauge Index companies, a pool of listed startups prepared by Rainmaker Group, rose from 10 per cent in March 2024 to 14 per cent in March 2025, the report said. Despite the early correction and record FII outflows of over Rs 78,000 crore in the first quarter of FY25, foreign investors returned strongly by Q4, driven by rate-cut expectations and India's steady macro indicators, the report stated. The Rainmaker Group is one of India's investment banks focused exclusively on the private markets.
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Business Standard
29 minutes ago
- Business Standard
UCO Bank Q1 results: Profit rises 10% to ₹607 cr, NPAs decline to 2.63%
State-owned UCO Bank on Monday reported 10 per cent increase in net profit at ₹607 crore for the first quarter of current financial year. The Kolkata-based bank had earned a net profit of ₹551 crore in the same quarter of the previous fiscal year. Total income rose to ₹7,433 crore during the June quarter of 2025-26, from ₹6,859 crore a year ago, UCO Bank said in a regulatory filing. Interest earned by the bank improved to ₹6,436 crore, as compared to ₹6,024 crore in the June quarter FY25. During the period, operating profit of the bank increased to ₹1,562 crore from ₹1,321 crore a year ago. The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.63 per cent of gross advances at the end of the June quarter, from 3.32 per cent a year ago. Similarly, net NPAs, or bad loans, declined to 0.45 per cent from 0.78 per cent in the year-ago period. However, provisions for bad loans rose Rs 463 crore during the first quarter as compared to Rs 397 crore in the same period a year ago. Provision Coverage Ratio (PCR) improved to 96.88 per cent, from 95.76 per cent. At the same time, Return on Assets (ROA) improved marginally to 0.71 per cent in June 2025 from 0.7 per cent a year ago. Capital adequacy ratio of the bank rose to 18.39 per cent, from 17.09 per cent in the same quarter of FY25.
