Latest news with #RiddhimaJain
Business Upturn
8 hours ago
- Automotive
- Business Upturn
TVS Introduces New iQube Variant Offering 123 km Range and Enhanced Safety
TVS Motor Company has launched a new 3.1 kWh variant of its flagship electric scooter, TVS iQube, featuring an IDC-certified range of 123 km, hill hold functionality, and refreshed UI/UX. Priced at ₹1,03,727 (ex-showroom Delhi), the new model expands the iQube portfolio to six variants and reinforces the brand's leadership in India's EV market with over 6 lakh units sold. By Riddhima Jain Published on July 2, 2025, 15:01 IST TVS Motor Company today launched a new variant of its flagship electric scooter, TVS iQube, equipped with a 3.1 kWh battery offering an IDC-certified range of 123 km. The new model features hill hold functionality and a refreshed UI/UX, enhancing rider safety and experience. It is priced at an effective ex-showroom rate of INR 1,03,727 (Delhi). With this launch, the TVS iQube portfolio now comprises six variants, making it one of the widest and most compelling offerings in India's electric two-wheeler segment. The new variant is available in four colour options: Pearl White, Titanium Grey, and two dual-tone combinations—Starlight Blue with Beige and Copper Bronze with Beige. TVS Motor Company announced that the iQube has surpassed 600,000 units in sales and is now present across more than 1900 touchpoints. The scooter is aimed at everyday commuters and continues to support India's shift toward clean mobility. The latest addition follows recent upgrades across the iQube lineup, including enhancements in battery capacity, extended range, and design improvements such as dual-tone colours and backrest options. Ahmedabad Plane Crash
Business Upturn
a day ago
- Health
- Business Upturn
Cancer Treatment Gets a Boost with Radixact System in Mumbai
A Mumbai-based hospital, has introduced the Radixact® Treatment Delivery System, a next-generation radiation therapy technology that offers real-time imaging and adaptive precision. The system aims to improve cancer treatment outcomes by targeting tumors more accurately while minimizing damage to healthy tissue. By Riddhima Jain Published on July 1, 2025, 16:51 IST A Mumbai hospital has introduced the Radixact® Treatment Delivery System, a new radiation therapy technology aimed at improving accuracy in cancer treatment and reducing harm to healthy tissue. The system combines real-time imaging with adaptive targeting, allowing doctors to adjust radiation delivery as the patient's body moves—such as during breathing. A built-in CT scanner helps ensure the tumor remains accurately targeted throughout the procedure. According to the hospital, this upgrade is part of ongoing efforts to improve cancer care through more precise, individualized treatment. The system is capable of treating a variety of cancers and is designed to deliver higher doses of radiation with fewer side effects. The hospital has also invested in genomic testing and precision oncology infrastructure. A 500-gene cancer panel is being used to support more tailored treatment plans based on a tumor's genetic profile. precision and efficiency. Dr Santosh Shetty, Executive Director and CEO of Kokilaben Dhirubhai Ambani Hospital & Medical Research Institute said, 'At Kokilaben Hospital, we are constantly pushing the boundaries of medical innovation to ensure our patients receive the most advanced and effective treatment. The adoption of the globally acclaimed Radixact® system marks a major leap forward in our commitment to delivering world-class cancer care. As a centre that continues to be recognized for its leadership in oncology, we are proud to bring one of the most sophisticated radiation technologies to India. This upgrade reaffirms our dedication to adopting global standards that improve both clinical outcomes and quality of care .' The adoption of the Radixact system comes amid a growing cancer burden in India. Health experts say timely access to accurate diagnosis and targeted treatment remains a challenge for many patients, and that such technologies could help improve survival rates and reduce complications. Ahmedabad Plane Crash
Business Upturn
a day ago
- Business
- Business Upturn
Maharashtra Leads in MSME Loans and Credit Growth
Business Corporates Finance A report by Transunion states that Maharashtra leads the country in MSME loans, with the highest share of credit to small and medium businesses, according to TransUnion CIBIL. The state is also seeing good repayment trends, showing that most businesses are managing their loans well. By Riddhima Jain Published on July 1, 2025, 14:11 IST As India celebrated MSME Day, a new report by TransUnion CIBIL highlights Maharashtra's leading role in supporting and sustaining the country's vibrant MSME ecosystem. From disciplined repayments to strong loan demand, the state continues to set the pace for small business financing across India. The data shows that Maharashtra accounts for nearly 19% of all MSME loans in the ₹10–₹50 crore range — the highest in the country. What's more encouraging is that larger businesses in this segment are showing excellent repayment behavior, with a delinquency rate of just 1.4%, slightly better than the national average. For smaller businesses with credit exposure between ₹1 crore and ₹10 crore, Maharashtra contributes to 15% of total loan balances. Though the repayment delays in this group are a touch higher at 1.8%, they still remain in a healthy zone. Even micro businesses — those borrowing up to ₹1 crore — showed steady growth of 11% over the last five years, though repayment delays in this category were a bit higher at 3.4%, hinting at the need for better credit monitoring. What's driving this growth? Manufacturing is at the heart of it. It made up 35% of all new MSME loans in the March 2025 quarter. And with 22% of these loans being long-term, it's clear that many MSMEs are investing in building future capacity, expanding their businesses with confidence. Ahmedabad Plane Crash
Business Upturn
a day ago
- Business
- Business Upturn
Mahindra Tractors Posts 13% YoY Growth in June 2025, Sells 51,769 Units
Mahindra & Mahindra Ltd.'s Farm Equipment Business reported robust tractor sales in June 2025, registering a 13% year-on-year growth in the domestic market with 51,769 units sold. Strong monsoon coverage and positive cash flows from Rabi crop harvesting boosted demand. Including exports, total sales stood at 53,392 units, reinforcing Mahindra's leadership in the agricultural equipment sector. By Riddhima Jain Published on July 1, 2025, 12:55 IST Mahindra & Mahindra Ltd.'s Farm Equipment Business (FEB), a part of the Mahindra Group, has reported a strong performance in June 2025, with domestic tractor sales reaching 51,769 units, marking a 13% year-on-year growth compared to 45,888 units in June 2024. Including exports, Mahindra's total tractor sales for the month stood at 53,392 units, up from 47,319 units last year. Exports alone accounted for 1,623 units, also registering a 13% rise from June 2024. Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, said, 'This growth has been supported by improved cash flows from Rabi crop harvesting and widespread monsoon across most regions. Favourable rainfall is aiding land preparation for the Kharif season. Record foodgrain production and continued Government initiatives aimed at increasing farmer income are expected to support tractor demand in the coming months.' Category June F26 June F25 % Change YTD June F26 YTD June F25 % Change Domestic 51,769 45,888 13% 1,29,199 1,16,930 10% Exports 1,623 1,431 13% 4,890 4,537 8% Total 53,392 47,319 13% 1,34,089 1,21,467 10% Ahmedabad Plane Crash Automobile newsMahindra Tractor News
Business Upturn
2 days ago
- Business
- Business Upturn
India's Logistics Sector Sees Push Toward Greener, Smarter Warehousing
India's warehousing sector is undergoing a significant shift as automation, AI, and sustainable technologies take center stage. Godrej Enterprises Group (GEG) is leading this change through its intralogistics arms, introducing electric forklifts, IoT-enabled systems, and green manufacturing practices. With over 37% of its revenue now coming from eco-aligned solutions, GEG's push aligns with India's goal of reducing logistics costs and building a more efficient, future-ready supply chain. By Riddhima Jain Published on June 30, 2025, 12:34 IST India's warehousing and intralogistics sector is seeing a wave of innovation as companies adopt smarter and greener technologies to meet rising demand and efficiency targets. Among the key contributors to this shift is Godrej Enterprises Group (GEG), which has significantly expanded its presence in the space through its Material Handling Equipment (MHE) and Storage Solutions divisions. GEG reports that over 37% of its revenue now comes from its Good & Green portfolio, with a 30% growth in its network of eco-aligned partners over the past three years. Its intralogistics offerings — including AI-driven racking systems, electric forklifts, and IoT-enabled equipment — are being increasingly adopted by fast-growing sectors like e-commerce, FMCG, cold chain logistics, and quick commerce. According to company officials, 85% of procurement is sourced locally, reinforcing GEG's alignment with the Atmanirbhar Bharat initiative. With a market share of 20–25% in material handling and storage solutions, the company is also investing in R&D and digital-first technologies to modernize warehouse operations across the country. 'Intralogistics is no longer just about moving goods — it's about efficiency, safety, and sustainability,' said Vikas Choudaha, Business Head of Storage Solutions at GEG. The company claims its technologies are helping warehouse operators cut costs and improve turnaround times, especially in high-volume delivery chains. GEG's Chennai facility stands out for its green manufacturing practices — with 3x water positivity, a 30% reduction in carbon emissions, and a roadmap to zero landfill waste. Its Mumbai-based MHE operations have also expanded electric forklift production and introduced India's first indigenously developed lithium-ion forklift with a custom battery management system designed for local conditions. These moves are in line with the goals of India's National Logistics Policy, which aims to reduce logistics costs (currently estimated at 14–18% of GDP) to single digits. As logistics becomes a strategic sector for India's global competitiveness, the focus on automated, efficient, and sustainable warehousing is likely to intensify. Whether these solutions can scale across India's fragmented supply chains remains to be seen, but companies like GEG are positioning themselves at the center of the transformation. Ahmedabad Plane Crash
