PRODUCT STRATEGY
India's technical textiles power play: NTTM & PLI are flipping the script
India's technical textiles sector is undergoing a significant transformation, driven by government initiatives like the National Technical Textiles Mission (NTTM) and the Production Linked Incentive (PLI) scheme. These efforts aim to boost domestic manufacturing, innovation, and exports, positioning India as a global hub.
Bayer launches BICOTA rice pest control product in India
Bayer AG is set to launch BICOTA in India. This new product helps rice farmers fight stem borer pests. BICOTA will be available in 11 states by June 2025. It offers longer protection and boosts crop development. The product is easy to use and safe for beneficial insects. This launch supports India's rice production and farmer incomes.
ITC’s growth recipe for food business is about strategic takeovers
ITC Foods is strategically acquiring companies like Yoga Bar and 24 Mantra Organic to accelerate expansion and tap into the growing demand for healthier and premium food options. This approach aligns with ITC's 'ITC Next' strategy, emphasizing value-accretive acquisitions as a key growth driver.
NATO chief Rutte calls for 400 pc increase in alliance's air, missile defence
NATO Secretary-General Mark Rutte urges member states to increase air and missile defenses by 400% to counter the Russian threat. He emphasizes the need for a "quantum leap" in collective defense, advocating for increased military spending and readiness.
Sacheerome IPO sees strong subscription on Day 1. Check GMP, other details
Sacheerome IPO opened to strong demand, receiving a 2.35 times overall subscription on Day 1, led by robust retail participation at 3.68 times. The Rs 61.62 crore issue is priced between Rs 96-102 per share, with a GMP of Rs 30, indicating a 29% premium. The IPO closes on June 11, backed by exports to the Middle East and Africa.
Chandrababu Naidu looks back at his "most difficult" year, gives a peek into his Amaravati plan
Chandrababu Naidu considers his first year in office during this fourth term as the most challenging compared to previous tenures. In a recent interview, he discussed the hurdles faced, including economic issues and the need for investment in technology and healthcare.
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How this IIM Calcutta programme prepares you for what’s next in supply chain management
Here’s why the Advanced Programme in Supply Chain Management (APSCM) by IIM Calcutta is ideal for professionals navigating the complexity of global and regional supply chains—across sectors such as manufacturing, retail, services, and infrastructure.
As deposit rates fall, banks turn to innovation to woo savers and stay competitive
With interest rates declining, banks face the challenge of attracting deposits. Experts suggest innovative products like fixed deposit-linked credit cards and sweep-in deposits are crucial. Younger savers are shifting to capital market products, while senior citizens favour government schemes. Banks are already adapting, but further rate cuts will necessitate more competitive offerings to retain depositors.
France approaches Renault on drone production, Renault says
France's defence ministry has engaged with Renault regarding potential drone manufacturing assistance, following the ministry's suggestion of French companies aiding production in Ukraine. Renault confirmed discussions are underway but awaits further project details from the ministry. This initiative follows France's plan to establish a partnership between a major carmaker and a defence firm to equip drone production lines within Ukraine.
50% off J-35A fighter jets! China’s half-price stealth deal to Pakistan ignites online backlash, user says 'we pay the price'
China’s reported plan to deliver 30 J-35A stealth fighters to Pakistan at a 50% discount by August 2025 has set off a storm on Chinese social media. Citizens have criticised the move as reckless, citing Pakistan’s financial instability and unpaid defence bills. With the J-35 yet to enter Chinese service, many are questioning why Beijing is prioritising a “charity sale” to a cash-strapped neighbour.
PlayStation 5 to disappear after PS 6 is released?
Sony's PlayStation 5, a massive success with nearly 75 million units sold despite global challenges, will continue its run alongside newer consoles. Hideaki Nishino, a Sony executive, assures fans that the PS5, like the PS4, has a long lifespan ahead. Sony aims to balance long-lasting hardware with technological advancements, introducing innovations while supporting existing consoles.
Bajaj planning a new 125cc motorcycle: Will the upcoming bike be a new Pulsar, Discover or CT125X?
Bajaj's upcoming 125cc motorcycle: Bajaj Auto is set to introduce a new 125cc motorcycle to bolster its presence in India's competitive commuter bike market. This strategic move aims to tap into the growing 125cc segment, which accounts for a significant portion of motorcycle sales. While the branding remains undecided, possibilities include reviving the Discover or CT series to cater to value-oriented customers.
Explained: How is Specialised Investment Fund different from mutual funds, PMS, and AIF
SIF aims to provide sophisticated investors with more flexible investment opportunities while ensuring regulatory oversight.
Working too hard might be hurting you: Scientists reveal the unexpected break-time secret to peak performance
Experts warn that screen exposure and poor work-rest cycles can drain your efficiency. While many rely on night mode or power through long hours, optometrists and productivity researchers advise otherwise. Strategies like structured breaks, proper screen ergonomics, and disconnecting after sunset may hold the key to better focus, mental health, and long-term work performance.
Amid job loss fears due to automation, a shocking new report reveals how AI is actually making workers ‘more valuable’
Despite concerns over AI-driven job losses, PwC’s 2025 AI Jobs Barometer finds AI is creating jobs and boosting wages worldwide. Productivity in AI-exposed industries has nearly quadrupled since 2022, and wages for workers with AI skills are significantly higher. The study highlights AI’s role in enriching jobs by automating mundane tasks and urges businesses to view AI as a growth strategy.
Crafting luxury: How this Jaipur-based brand is winning India’s elite
The growing volume of luxury projects is driving demand for high-end interior materials like quartz surfaces, particularly for kitchen and bathroom countertops and wall cladding.
Genpact acquires XponentL Data to drive AI-led innovation
Genpact has acquired XponentL Data, a provider of data products and AI solutions, to bolster its capabilities in data strategy, design, and engineering. This acquisition enhances Genpact's ability to assist clients with AI transformation across its lifecycle. XponentL brings industry-specific solutions and expertise in platforms like AWS and Microsoft, accelerating business value for Genpact's clients.
BoE rate-setter says AI can help predict inflation
At a conference in London on Thursday, she said the bank was testing a number of uses for the technology, from providing early warning signals of financial crises to analyzing the labour market, and found that it can produce useful short-term predictions about the direction of consumer prices.
Colgate brushes up plan to woo the great Indian middle class
Colgate-Palmolive anticipates India becoming the largest contributor to the global middle class, driving premiumization and consumption. Despite a recent urban slowdown and a 2% revenue fall in the last quarter, the company remains optimistic about India's long-term potential. Intense competition and discounting strategies are impacting margins, but Colgate focuses on digital strategies and rural market performance to revive growth.
API prices fall sharply, easing pressure on India's pharmaceutical industry
India's pharmaceutical industry is experiencing relief as active pharmaceutical ingredient (API) prices plummet due to overcapacity and aggressive pricing strategies from Chinese suppliers. Increased domestic API production, driven by government incentives and reduced raw material costs, further contribute to the decline. This trend is expected to continue, boosting profit margins for Indian pharma companies.
Aditya Birla Group acquires Cargill's speciality chemical manufacturing facility in US
Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia, marking its entry into the US chemicals industry. This acquisition, executed through Aditya Birla Chemicals (USA) Inc., aligns with the group's growth strategy in the US manufacturing sector. The group plans to expand the facility's capacity and introduce products for various industries, including automotive and renewable energy.
Procter & Gamble to cut 7,000 jobs to rein in costs as tariff uncertainty looms
The company had about 108,000 employees as of June 30, 2024 and said the job cuts would account for roughly 15% of its non-manufacturing workforce.
Mirae Asset Mutual Fund launches new brand identity ‘Platinum SIF’
Platinum SIF aims to offer Specialised Investment Funds across equity, hybrid, and fixed income categories. The initiative marks a strategic shift toward differentiated, strategy-led offerings within the mutual fund framework, with a focus on investor clarity, regulatory compliance, and demand for more focused investment approaches.
Green Investing: How Indian investors can drive real change on World Environment Day
Sustainability is no longer just a corporate or policy trend in India. From choosing electric vehicles and reusable products to supporting responsible brands, individuals today, especially the younger generation, are aligning daily decisions with environmental impact.
Make in India, circularity, and fitness fads – Decathlon wants a chunk of India’s sports retail pie
With 1,750 stores worldwide and 133 stores in India, the sports retailer is now looking to further its sustainability operations in the India market.
Patrick McGee, ‘Apple in China’ author, explains why India isn’t the next China for Tim Cook
Apple’s expansion in India is steady but slow, lagging far behind the rapid growth it achieved in China. Despite assembling millions of iPhones locally, India’s manufacturing ecosystem remains small and dependent on Chinese components. Journalist Patrick McGee highlights how Apple’s deep roots in China, built over decades, make a full shift to India challenging. The company’s cautious approach reflects India’s tougher supply chain and policy environment, signalling years before India can rival China’s manufacturing scale.
Many Indians may not be saving enough for retirement
In its report, released on Wednesday, based on the analysis of a pension survey conducted between August 2024 and September 2024, Grant Thornton Bharat said there is a significant gap between the desired pension and the perceived adequacy of current retirement savings, suggesting the need for introducing more guaranteed income products, such as annuities, to cater to the demand for stability.
Ex-Tesla executive signs letter of intent with Stargate’s Crusoe
In a bid to tackle the pressing challenges of AI infrastructure, Drew Baglino, a former Tesla executive, has launched Heron Power. This startup has secured partnerships with companies like Stargate developer Crusoe, introducing groundbreaking technology that replaces conventional transformers.
Salesforce acquires AI recruiting startup Moonhub weeks after Informatica deal
At Moonhub, AI systems are designed with a "human-in-the-loop" approach, ensuring that ultimate decision-making remains with people. Xu believes that in most current AI applications, humans still play a critical role in final judgments, especially in areas like hiring.
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