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By Amrita Bhatia , 18 May 2025
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Acer Unveils AI-Powered Laptop Lineup at Computex 2025, Targets Ultra-Light, Gaming, and Creator Segments

At Computex 2025 in Taipei, Acer revealed an expansive portfolio of next-generation laptops and monitors designed for a wide spectrum of users—from casual consumers to hardcore gamers and professional content creators. Headlining the announcement are the Swift Edge 14 AI, which undercuts the MacBook Air in weight while offering advanced AI features, and the Predator Triton 14 AI, a high-performance machine balancing portability with creative and gaming power.

Tags

  • Technology Sector
  • AI
By Gurleen Bajwa , 18 May 2025
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Allegations of Chinese Influence Ignite Tensions Between EaseMyTrip and MakeMyTrip

A high-stakes feud has erupted in India’s online travel industry as EaseMyTrip Founder and Chairman Nishant Pitti leveled fresh allegations against competitor MakeMyTrip, accusing the company of harboring significant Chinese influence at the board level. In a series of pointed posts on X (formerly Twitter), Pitti claimed that half of MakeMyTrip’s board members have direct ties to China, raising national security concerns and suggesting that strategic decisions are unduly influenced by directors linked to Chinese interests.

Tags

  • Travel
  • Internet
By Kunal Shrivastav , 18 May 2025
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Garware Technical Fibres Delivers Steady Q4 Performance, Eyes Stronger FY26 on Geosynthetics Momentum

Garware Technical Fibres, a key player in the technical textiles industry, reported a modest year-on-year increase of 1.4% in consolidated profit after tax (PAT), reaching Rs. 71.05 crore for the fourth quarter of FY25. Despite the relatively flat profit growth, the company achieved a healthy 13% increase in revenue, driven primarily by its robust geosynthetics segment and expanding aquaculture business in Chile. While profit before tax (PBT) faced headwinds due to reduced other income, operating EBITDA improved by 17% year-over-year.

Tags

  • Business
  • Textile
By Aseem Mehta , 18 May 2025
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Indian Jewellers Boycott Turkish Imports Amid Rising Geopolitical Tensions

In the wake of Turkiye's vocal support for Pakistan during the recent Operation Sindoor conflict, jewellers in Lucknow have imposed a self-declared boycott on all Turkish-origin jewellery. Once a popular commodity—particularly during the recent Akshay Tritiya festival—Turkish jewellery has now been pulled from shelves as a form of economic protest. This local commercial response reflects a broader national sentiment, as diplomatic tensions between India and Turkiye escalate.

Tags

  • Business
By Amrita Bhatia , 18 May 2025
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Rajesh Power Services Posts Over 3x Profit Surge in FY25, Secures Rs. 1,116 Crore in Fresh Orders

Rajesh Power Services, a consultancy and EPC firm based in Ahmedabad, has reported a significant surge in profitability for the fiscal year 2024–25, with net profit more than tripling to Rs. 93.36 crore from Rs. 26.02 crore in the previous year. The company also recorded a substantial jump in total income to Rs. 1,114.66 crore, underscoring its growing footprint in the power transmission and infrastructure sectors. Backed by fresh orders worth Rs.

Tags

  • Power
  • Business
By Anant Kumar , 18 May 2025
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BHEL Reports Modest Profit Growth in Q4 on Strong Industrial Revenue Surge

Bharat Heavy Electricals Ltd (BHEL), India’s largest state-owned engineering and manufacturing enterprise, recorded a 3% increase in consolidated net profit for the fourth quarter ended March 31, 2025. The rise to Rs. 504.45 crore was primarily driven by significant gains in its industrial segment, offsetting muted growth in its core power division. Quarterly revenue rose to Rs. 9,142.64 crore from Rs. 8,416.84 crore a year earlier. For the full fiscal year, BHEL’s net profit nearly doubled to Rs. 533.90 crore.

Tags

  • Engineering
  • Business
By Keshav Kulshrestha , 18 May 2025
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PM Modi to Convene NITI Aayog Governing Council on May 24 Amid Key Policy Deliberations

Prime Minister Narendra Modi is set to preside over the forthcoming Governing Council meeting of NITI Aayog on May 24, signaling renewed momentum for India’s top policy think tank. The annual gathering, which brings together chief ministers, Union ministers, and lieutenant governors, is a crucial platform for intergovernmental coordination and strategic policy formulation. While the agenda is still being finalized, the meeting is expected to address pressing national priorities, including economic growth, federal cooperation, and development planning.

Tags

  • Economy
By Agamveer Singh , 18 May 2025
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India Weighs Industry Appeal to Delay Quality Compliance Deadline for Electrical Appliances

India's Commerce and Industry Minister Piyush Goyal has indicated openness to extending the compliance timeline for a sweeping Quality Control Order (QCO) concerning electrical appliances, following significant concerns raised by domestic manufacturers. The industry has welcomed the quality mandate but seeks a phased implementation due to the challenges of certification, testing infrastructure, and complex global supply chains.

Tags

  • Electronics
  • Economy
By Nishant Verma , 18 May 2025
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Borosil Renewables Commits Rs. 950 Crore to Boost Solar Glass Output Amid Policy Tailwinds

Borosil Renewables has greenlit an ambitious expansion plan worth Rs. 950 crore to enhance its solar glass production capacity by 600 tonnes per day (TPD). The move comes in the wake of supportive government policy, particularly the imposition of anti-dumping duties on Chinese and Vietnamese imports, which is expected to strengthen the domestic solar manufacturing ecosystem. The investment will see the commissioning of two new furnaces at the company’s Bharuch facility, reinforcing Borosil’s strategic positioning as a key enabler of India’s clean energy transition.

Tags

  • Power
  • Business
By Nimrat , 18 May 2025
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Hyundai Motor India Q4 Profit Slips Despite Revenue Uptick; Strategic Capex, EV Roadmap Unveiled

Hyundai Motor India reported a modest 4% decline in consolidated profit after tax (PAT) for the fourth quarter of FY25, weighed down by softer domestic sales despite higher exports and a marginal rise in total revenue. The automaker posted Rs. 1,614 crore in quarterly net profit, compared to Rs. 1,677 crore in the same period last year. For the full fiscal year, net profit fell 7%, while revenue remained relatively stable. As the company navigates demand headwinds, it is turning to a Rs.

Tags

  • Automobiles
  • Business

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