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By Shilpa Reddy , 25 April 2025
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Controversy Surrounds Release of 'Abir Gulal' Amid Rising Tensions and Boycott Calls

The upcoming film Abir Gulal, starring Fawad Khan and Vaani Kapoor, is set to face a significant hurdle as it will not be allowed to release in India due to escalating tensions following a recent terror attack in Pahalgam. The film, originally slated for release on May 9, has sparked widespread public outrage, especially because of Khan's involvement. This backlash has led to boycott calls, with critics questioning the continued collaboration between Indian cinema and Pakistani artists.

Tags

  • Bollywood
  • Indian Celebrities
By Kirti Srinivasan , 25 April 2025
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Imanvi Esmail Clears the Air on Allegations of Pakistani Origin, Emphasizes Indian Heritage

Imanvi Esmail, the actress starring opposite Rebel Star Prabhas in the much-anticipated film Fauji, has vehemently denied rumors that she hails from Pakistan. Addressing these claims head-on, Imanvi took to social media to clarify that her family has no connection to Pakistan and that such allegations are baseless. She emphasized her pride in her Indian-American heritage, calling out the spread of misinformation by online trolls and even reputable news outlets.

Tags

  • Indian Celebrities
By Manbir Sandhu , 25 April 2025
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Nestle India Reports Profit Decline in Q4 FY25 Amid Rising Expenses and Mixed Export Performance

Nestle India Ltd, a leader in the fast-moving consumer goods (FMCG) sector, has reported a 6.5% drop in consolidated net profit for the March quarter of 2024-25, standing at Rs 873.46 crore. This represents a decrease from Rs 934.17 crore in the same period the previous year. Despite the decline in profit, the company achieved a 3.67% rise in revenue, driven by strong domestic sales growth in beverages and confectionery. However, exports faced a setback, declining by 8.65%. Amid rising expenses, the company's stock saw a minor dip of 0.37% on the BSE.

 

Tags

  • FMCG Sector
  • Business
By Vinod Pathak , 25 April 2025
3

Wendt India Reports Steady Profits Amid Modest Growth in Q4 FY25, Declares Substantial Dividend

Wendt (India) Ltd., a leading manufacturer of abrasives and precision components, has reported a consolidated net profit of Rs 12.89 crore for the January-March 2025 quarter. While this marks a slight decline from the Rs 13.38 crore profit reported during the same period last year, the company saw a modest increase in total income, which rose to Rs 77.71 crore for Q4. For the full fiscal year ending March 31, 2025, the company posted a consolidated net profit of Rs 39.48 crore, slightly lower than last year’s Rs 40.95 crore.

Tags

  • Business
By Gurminder Mangat , 25 April 2025
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Rallis India Reports Loss for Q4 FY25 Amid Flat Revenues, Eyes Long-Term Growth

Rallis India, a subsidiary of Tata Chemicals, has reported a quarterly loss of Rs 32 crore for the January-March 2025 period, marking a decline from the Rs 21 crore loss reported in the same quarter last year. Despite flat revenues of Rs 430 crore during the quarter, the company’s full-year results showed a more positive outlook, with a Profit After Tax (PAT) of Rs 125 crore and revenue of Rs 2,663 crore for FY25. The company remains committed to expanding its domestic market share and driving innovation in key product segments.

 

Tags

  • Agriculture
By Kirti Srinivasan , 25 April 2025
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Tamilnad Mercantile Bank Reports Robust Growth in Q4 2025, Boosted by Core Lending & Strategic Expansions

Tamilnad Mercantile Bank Ltd. has posted impressive financial results for the quarter ending March 31, 2025, with a net profit of Rs 291.90 crore, reflecting a strong 15.3% year-on-year growth. This performance is primarily attributed to consistent growth in the bank's core lending and deposit businesses. For the full financial year, net profit surged to Rs 1,182.61 crore, while total income reached Rs 6,141.75 crore.

Tags

  • Banking
By Kirti Srinivasan , 25 April 2025
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Udupi Cochin Shipyard Marks Milestone with Delivery of Eco-Friendly Vessel to Norway

Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited, has successfully delivered the first of six eco-friendly dry cargo vessels, Wilson Eco 1, to Wilson Ship Management AS of Norway. This delivery is a significant step in India’s growing role in providing sustainable maritime solutions. The vessel, designed with cutting-edge green technologies, is part of a Norwegian government initiative aimed at reducing maritime environmental impact. Additionally, UCSL has secured further orders, including an Rs.

Tags

  • Shipping Sector
By Gurminder Mangat , 25 April 2025
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Apeejay Surrendra Park Hotels to Acquire Zillion Hotels in Rs 210 Crore Strategic Expansion

Apeejay Surrendra Park Hotels Ltd, the hospitality arm of the Apeejay Surrendra Group, has unveiled plans to acquire a controlling 90% stake in Zillion Hotels and Resorts Pvt Ltd for a cash consideration of Rs 210 crore. This move marks a calculated expansion into the luxury serviced residences segment, particularly in Maharashtra, as Zillion owns and operates the exclusive Z Luxury Residences. Upon completion, Zillion will become a subsidiary of the company, boosting its high-end hospitality portfolio and reinforcing its commitment to upscale market growth.

Tags

  • Hospitality Sector
By Manbir Sandhu , 25 April 2025
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Sri Lanka's Export Growth in 2025 Reflects Resilience Amid Economic Challenges

Sri Lanka’s export sector has demonstrated strong growth in the first quarter of 2025, with a near 6% increase compared to the same period in the previous year. The country’s total exports reached USD 4,212.13 million, showing resilience despite broader economic challenges. March alone saw a notable rise in both merchandise and services exports, marking significant year-on-year and month-on-month growth. However, despite this positive performance, the World Bank has highlighted ongoing poverty concerns, projecting a more moderate economic growth outlook for 2025.

 

Tags

  • Economy
By Gurminder Mangat , 25 April 2025
3

Max Estates Revives Stalled ‘Delhi One’ Project with Rs 1,400 Crore Investment Push

In a landmark move signaling both strategic expansion and market confidence, Max Estates Ltd has officially acquired the long-stalled Delhi One project in Noida through the insolvency resolution process. The real estate firm will invest Rs 1,400 crore in redeveloping the integrated mixed-use property, which includes ultra-luxury residences, commercial office space, and retail outlets. The acquisition marks a pivotal chapter for Max Estates as it reinforces its foothold in the National Capital Region’s (NCR) high-value realty landscape.

Tags

  • Real Estate

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