Category: Business

This Eid, Koskii invites you to celebrate with Zurii, an exclusive festive collection that elevates the occasion with refreshed colours, comfortable silhouettes and the perfect amount of sparkle and joy.

Designed for the woman who wants her Eid look to be equal parts graceful and unforgettable, Zurii brings together summer-ready hues, luxe fabrics, and intricate karigari in silhouettes meant to make her shine at get-togethers and daawats.

A Vibrant Colour Palette

Inspired by the brightness of the summer season, Zurii plays with colours in a way that instantly lifts the mood. The collection spotlights pastels in their prettiest avatars…think powder pinks, fresh greens, breezy blues, and buttery yellows, along with rich dark hues that match the energy of the season.

These shades are more than just a passing trend, they’re timeless in the way they flatter Indian skin tones and photograph beautifully in the day or night. Whether you’re stepping out for family visits or hosting at home, Zurii’s colours keep you looking festive without feeling heavy.

Drapes That Breathe, Shine That Stays 

What makes Zurii truly stand out is its thoughtful mix of fabrics, chosen to deliver both richness and wearability. The collection plays with fabrics that hold their shape, fall beautifully, and photograph like a dream.

Raw silk lends structured grandeur, perfect for moments when you want that classic, regal presence. Chanderi adds a delicate sheen with a light, airy feel, ideal for intimate gatherings. Tissue brings a soft glow that catches the light with every move, giving you that subtle shimmer-when-you-walk magic. For those who love flow and ease, crepe and georgette offer effortless styles, letting you stay comfortable through long celebrations while still looking impeccably dressed.

Artistry in the Details

And then comes the heart of Zurii, the craftsmanship. Each piece is elevated with heritage-inspired karigari, finished with modern finesse.

Expect intricate threadwork that feels delicate yet detailed, shimmering cutdana for a refined sparkle, and classic zariwork that adds depth and tradition. Sequins are used with a tasteful touch, creating celebration-ready shine without overpowering the look. To add definition and dimension, cording outlines motifs beautifully, giving the outfits an elevated, couture-like finish.

Koskii, For Every Special Moment

Zurii is made for every Eid occasion on your calendar, the big family daawat, the chai-and-sheer-khurma rounds, and that evening when you step out, and everyone asks, “Where is your outfit from?” Whether you lean into soft pastels or want brighter shades that match the season’s energy, this collection gives you a festive wardrobe that feels fresh, modern, and unmistakably you.

This Eid, step into colour, craft, and celebration with Zurii by Koskii, where summer pastels meet festive sparkle, and every outfit feels like a moment.The collection is available in an inclusive range of sizes, thoughtfully designed to celebrate every silhouette with elegance and ease. Crafted for comfort without compromising on festive glamour, each piece reflects Koskii’s signature attention to detail, refined craftsmanship, and contemporary sensibility.

Zurii by Koskii can be experienced at Koskii stores across India, including Bengaluru, Chennai, Coimbatore, Kochi, Hyderabad, Pune, Gurgaon, and Delhi, offering customers an immersive in-store experience to discover the collection up close.       

 The collection is also available online at Koskii.com, making it easy to explore and shop the festive edit from anywhere in the country.

Mumbai, March 18, 2026: Powerica Limited an integrated power solutions provider, has announced its upcoming initial public offering (IPO), which will open for subscription on Tuesday, March 24, 2026, and close on Friday, March 27, 2026.

Investors can bid for a minimum of 37 equity shares and in multiples thereafter.

Issue Structure

The offering comprises:

• Fresh issue: Up to ₹700 crore

• Offer-for-sale: Up to ₹400 crore by promoters – Naresh Oberoi Family Trust and Kabir and Kimaya Family Private Trust

The IPO is being conducted through the book-building process, with:

• Up to 50% allocated to Qualified Institutional Buyers (QIBs)

• At least 15% to Non-Institutional Investors (NIIs)

• At least 35% to Retail Individual Investors (RIIs)

Business Overview

Powerica Limited is a leading provider of integrated power solutions, specializing in diesel generator (DG) sets for both primary and standby applications. The company has maintained a long-standing relationship of over four decades with Cummins India Limited.

Established in 1984, the company expanded its portfolio in 1996 to include medium-speed large generators (MSLG) through collaboration with HD Hyundai Heavy Industries. Today, the company offers a comprehensive range of generator sets from 7.5 kVA to 10,000 kVA, catering to diverse industrial requirements.

Renewable Energy Expansion

Building on its experience in the generator segment, the company entered the wind power sector in 2008 as an independent power producer (IPP). It has since developed capabilities in engineering, procurement and construction (EPC), as well as operation and maintenance (O&M) services.

As of the Red Herring Prospectus (RHP):

• Operates 12 wind power projects in Gujarat with a total installed capacity of 330.85 MW

• Developing an additional 52.70 MW project, which will increase total capacity to 383.55 MW

Manufacturing & Network

The company operates three manufacturing facilities located in:

• Bengaluru, Karnataka

• Silvassa, Dadra and Nagar Haveli

• Khopoli, Maharashtra

Its extensive sales and service network includes:

• 19 sales and marketing offices

• 43 authorized dealers (in collaboration with Cummins)

• 123 sales and marketing personnel

Financial Performance

For the six months ended September 30, 2025:

• Revenue: ₹1,447.44 crore

• Net Profit: ₹134.55 crore

For FY25:

• Revenue: ₹2,653.27 crore (compared to ₹2,378.26 crore in FY23)

• Net Profit: ₹175.83 crore (compared to ₹106.45 crore in FY23)

Lead Managers

The book-running lead managers to the issue are:

• ICICI Securities Limited

• IIFL Capital Services Limited

• Nuvama Wealth Management Limited

New Delhi, Mar 18: TECNO, the innovative smartphone brand, has unveiled its new long-term brand platform, #TECNOGotYourBack, reinforcing its commitment to supporting the real ‘backbones’ of India—those who power progress behind the scenes.

 Marking the first proof point of this purpose-driven initiative, TECNO has announced a strategic partnership with Chennai Super Kings (CSK) for the 2026 season. In a distinctive branding move, TECNO’s logo will feature on the back of CSK players’ helmets, symbolizing the brand’s philosophy of standing behind champions.

In an industry typically focused on front-facing visibility, TECNO’s campaign shifts the narrative to what stands quietly behind success—resilience, support systems, and everyday enablers.

A Purpose Beyond Sponsorship

This collaboration goes beyond conventional sponsorship. It reflects TECNO’s mission to empower “town dreamers”—individuals who rise from humble beginnings to achieve greatness. The association with CSK, a team known for its inspiring journey and grassroots heroes, aligns seamlessly with this vision.

From players who have risen through the ranks to become national icons, TECNO’s message resonates strongly:
“We back dreamers like you, and we’ve got your back.”

Leadership Speak

Commenting on the initiative, Arijeet Talapatra, CEO, TECNO Mobile India, said:

“Most brands want to be the trophy in your hand. We want to be the spine that helps you stand tall enough to reach for it. #TECNOGotYourBack isn’t just a campaign; it’s our commitment to being the ‘Backbone of Bharat.’ By placing our logo on the back of the CSK helmet, we are making a statement—we are right there, backing the champions who inspire this country.”

Sharing similar sentiments, KS Viswanathan, Managing Director, CSK, added:

“At Chennai Super Kings, we believe success is built on trust, resilience, and the strength of those who stand behind you. This partnership with TECNO reflects that shared philosophy. We are delighted to welcome TECNO to the Super Kings family.”

Reimagining Brand Storytelling

The “Helmet Strategy” brings to life a simple yet powerful human truth—every champion has an unseen support system. By utilizing the back-of-the-helmet branding space, TECNO transforms a conventional placement into a meaningful narrative about loyalty and reliability.

As the 2026 season progresses, the #TECNOGotYourBack platform will extend beyond cricket to celebrate the unsung heroes of India—entrepreneurs, dreamers, and everyday changemakers driving the nation forward.

India’s renewable energy sector is witnessing unprecedented growth, signaling a transformative shift in the country’s power landscape. As demand for electricity rises, data centres expand, and decarbonisation commitments strengthen, renewable energy is emerging as the cornerstone of India’s sustainable future.

Pic Credit: Pexel

At the forefront of this transition is solar energy, which forms the backbone of India’s 272 GW of non-fossil fuel capacity. This financial year alone, approximately 35 GW of renewable capacity has been added, marking a record pace of expansion. These gains reflect strategic planning in solar deployment, manufacturing priorities, and grid integration.

Solar Power: Driving India’s Energy Transformation

Solar energy has moved from the periphery to the center of India’s energy agenda. “The scale at which solar is growing reflects a structural shift in how we think about power generation,” says an industry expert. The surge includes utility-scale solar farms, rooftop installations, and hybrid energy projects, all contributing to a cleaner grid and reduced reliance on fossil fuels.

Strengthening the Grid

Integrating this rapid capacity growth presents challenges. The intermittent nature of solar requires advanced grid management, energy storage solutions, and smart transmission systems to ensure stable supply. Operators are increasingly deploying forecasting tools and storage technologies to maintain reliability as more renewable power comes online.

Data Centres and Renewable Demand

The expansion of India’s data centre industry is another major driver. As cloud computing, AI, and digital services proliferate, these centres are becoming significant energy consumers. Many are now sourcing electricity directly from renewable projects or through green energy certificates, aligning business growth with sustainability commitments.

The Road to 500 GW

India has set an ambitious target of 500 GW of non-fossil fuel energy by 2030, and the current trajectory shows strong momentum. Solar energy is expected to remain the dominant contributor, complemented by wind, bio-energy, and emerging technologies like green hydrogen. Achieving these targets will not only advance India’s climate commitments but also stimulate employment, industrial development, and energy security.

Economic Opportunities in Renewables

Beyond environmental benefits, the renewable sector is a growing economic engine. Investments in panel manufacturing, storage solutions, and project development are creating high-skill jobs and boosting regional economies. Analysts note, “Renewable energy is becoming as much an economic opportunity as an environmental necessity.”

Looking Ahead

India’s green energy journey is a story of ambition, innovation, and resilience. With solar leading the way, the country is charting a path toward a sustainable, inclusive, and economically vibrant energy future. By 2030, India aims to not only meet its renewable targets but also emerge as a global leader in clean energy deployment.

India’s sugar industry is on a sweet high this year. According to the Indian Sugar and Bio-energy Manufacturers Association (ISMA), sugar production in the ongoing 2025-26 marketing year (October–September) has already reached 26.21 million tonne, a 10.5% increase compared with the same period last year. Remarkably, this already exceeds the total net production of 26.12 million tonne recorded during the entire 2024-25 marketing year.

Pic Credit: Pexel

This growth underscores the resilience of India’s sugar mills and the increasing efficiency of sugarcane farming across the country. Analysts point to favorable weather conditions, improved crop yields, and strategic operations by mills as key drivers of this impressive output.

Sugar Mills in Motion

As of March 15, 157 sugar mills were actively crushing sugarcane, while 379 mills remained closed, following seasonal patterns and regional availability of raw materials. This selective operation allows mills to manage production efficiently and balance supply with market demand.

Last year, production during this same period was 23.72 million tonne, highlighting a strong year-on-year growth of over 2.5 million tonne. “This is a testament to better agronomy practices, mechanization in cane harvesting, and timely processing at the mills,” said an industry insider.

Approaching the Season’s Finale

The sugar crushing season is now entering its penultimate phase, with mills striving to maximize output before the harvest concludes. With production already surpassing last year’s full-year figure, the industry faces a strategic challenge: maintaining profitability in the face of rising input costs and price pressures.

One key demand from the sector is the early upward revision of the Minimum Selling Price (MSP). An MSP adjustment would not only secure fair returns for mills but also protect the interests of millions of sugarcane farmers who rely on timely payments for their livelihoods.

Regional Powerhouses

India’s sugar production continues to be dominated by traditional cane-growing states. Uttar Pradesh, Maharashtra, Karnataka, and Tamil Nadu remain the pillars of output, with Uttar Pradesh leading the way. Maharashtra, which struggled last year due to drought conditions, has bounced back, contributing to the national surge in production.

If current trends hold, experts project India’s sugar production could reach 34–35 million tonne by the end of the 2025-26 season, marking one of the largest harvests in recent years.

Market Dynamics and Global Context

The robust output comes at a time when domestic sugar demand remains steady, and export opportunities are emerging. India, already one of the world’s largest sugar producers, is exploring global markets to balance domestic surplus and stabilize prices.

Government policies, particularly regarding MSP, export subsidies, and ethanol blending mandates, will play a crucial role in sustaining the sector’s growth. A well-calibrated policy framework could make India’s sugar industry more competitive internationally, while ensuring the long-term viability of mills and farmer incomes.

Sweet Prospects Ahead

India’s sugar sector is not just about production—it’s about livelihoods, rural economy, and energy. With bio-energy generation increasingly integrated into sugar mills’ operations, the industry is contributing to sustainable growth beyond the sweetness of sugar itself.

As the season nears its conclusion, all eyes are on MSP decisions and market demand. For now, the numbers speak for themselves: India’s sugar production is surging, the mills are humming, and the nation is poised for a season of record-breaking sweetness.

Mumbai, March 18th: JLL, the largest International Property Consulting firm in India, has been ranked #1 for real estate capital markets transaction in MSCI Real Capital Analytics (RCA) for 2025.

The New York- based MSCI Real Capital Analytics (RCA) rankings identify top commercial real estate investment brokers and advisors globally based on transaction volumes across sectors including office, retail, industrial, data centres, land etc. The annual MSCI RCA rankings are widely regarded as a benchmark for excellence in the real estate industry.

Market leadership and client trust

“Achieving the number one position in India’s real estate capital markets for 2025 reflects exceptional market expertise and the unwavering trust clients place in the team to execute high-stakes, complex transactions. This leadership underscores the strength of an integrated platform, extensive relationships with capital providers, and the world-class talent cultivated across India. Particularly noteworthy is the dominance in core asset sales this year, where the team has established itself as the definitive market leader. This achievement demonstrates not only technical excellence but a deep understanding of what creates value in India’s dynamic real estate landscape, and the ability to execute flawlessly for clients,” said Lata Pillai, Senior Managing Director and Head, Capital Markets, India, JLL.

India’s evolving investment landscape

Integrated advisory platform.

JLL’s integrated platform, spanning land and development services, investment sales, and equity and debt advisory, enables the firm to design and execute sophisticated transactions that unite global capital, domestic investors, REITs, and leading developers. The scale of the firm’s 2025 advisory mandates reflects strong investor conviction in India’s long-term growth trajectory. This reinforces JLL’s position as the preferred advisor for transformative deals.

Looking ahead

The foundation established in 2024-2025 positions India to emerge as one of the world’s most attractive institutional real estate investment markets over the next investment cycle. The institutional investment outlook in the Indian real estate sector has displayed encouraging trends in recent years and is anticipated to maintain its momentum in the near future.

In 2025, JLL advised on numerous landmark transactions across India. Notable deals included

Mar 18: Intellect Design Arena Ltd, a global leader in AI-First, enterprise-grade financial technology, architected from first principles and powered by Design Thinking to deliver measurable business impact at scale, today announced a strategic partnership with Fintel PLC (AIM: FNTL), a listed and leading provider of fintech and support services to the UK retail financial services sector, via the formation of a 50:50 joint venture in the United Kingdom.

The joint venture will deploy and commercialise Intellect’s globally proven enterprise grade Agentic AI platform into the UK Wealth Management market via Fintel’s extensive client portfolio. It aims to be the UK market leader in this sector of Financial Services.

A structural break from legacy advisory technology

For decades, advisory firms have operated on fragmented stacks of CRM tools, compliance engines, planning software, workflow systems, and reporting platforms assembled from multiple vendors. While digitisation improved efficiency, it did not eliminate structural complexity.

The joint venture represents a deliberate architectural break from this legacy model.

Rather than layering automation on top of disconnected systems, the platform is designed as an AI-first operating foundation where intelligence is embedded into the execution fabric of the firm. Digital Experts orchestrate workflows in real time – supervising compliance, surfacing risk signals, automating operational tasks, and guiding adviser activity.

This reframes advisory infrastructure from software tooling into intelligent operating architecture.

The architecture: an AI operating layer for advisory firms

Built on Intellect’s modular eMACH.ai open finance framework, the platform functions as an intelligent orchestration layer spanning the entire advisory lifecycle – from prospecting and onboarding to suitability, ongoing advice, supervision, and engagement. The base architecture developed by Intellect is modular and composable, allowing rapid integration with core banking, custodians, market infrastructure and third-party ecosystems.

Core architectural capabilities include:

• AI-native Digital Experts embedded across advisory workflows
• Real-time compliance supervision integrated into execution layers
• Intelligent client lifecycle orchestration
• Continuous learning models tuned to UK advisory protocols
• Modular microservices enabling rapid deployment of new capabilities
• Cloud-native resilience designed for enterprise-grade scalability

The platform is positioned as an intelligence amplifier, not a replacement for advisers. Digital Experts absorb operational burden, generate contextual insight, and automate high-frequency tasks, allowing human advisers to focus on judgement, relationships, and long-term strategy.

The result is a system where adviser capacity expands without proportional cost growth, compliance becomes proactive rather than reactive, and client experience becomes a built-in property of the architecture.

Adapted for the UK ecosystem, built from Global user requirements for continuous evolution

The joint venture will operate as a dedicated UK entity combining Intellect’s global AI architecture leadership with Fintel’s distribution reach, regulatory insight, and ecosystem intelligence. The platform launches with UK-aligned advisory capabilities and expands continuously as new Digital Experts are introduced.

Over time, the architecture is designed to evolve into a comprehensive AI operating layer supporting the full lifecycle of advisory relationships from client acquisition to long-term supervision and engagement.

The partners believe the initiative marks a turning point in advisory infrastructure. In the AI era, platforms will no longer be static software suites; they will be adaptive ecosystems capable of learning, scaling, and evolving alongside the firms they serve.

Speaking on the partnership, Matt Timmins, CEO of Fintel PLC, said,

“The financial advice sector is operating under increasing structural pressure from regulatory complexity, fragmented technology stacks, rising costs, and rapidly evolving client expectations, and incremental upgrades are no longer sufficient to address these challenges. Our partnership with Intellect brings AI-first engineering architecture directly into the heart of the UK advisory ecosystem, allowing us to move beyond point solutions toward a fundamental redesign of how firms operate. Combining Fintel’s market intelligence and ecosystem reach with Intellect’s global technology leadership allows us to establish a new foundation for advisory technology in the UK, one that is resilient, adaptive, and built for long-term evolution.”

Commenting about the Joint Venture, Banesh Prabhu, CEO of IntellectAI,

“This joint venture is about delivering an AI-first operating architecture for financial advice rather than adding another layer of software to an already complex technology stack. Legacy advisory platforms were designed primarily to record activity and manage workflows, whereas we are designing infrastructure that thinks, supervises, and guides execution in real time. When intelligence is embedded into the operating fabric of a firm, adviser capacity expands without proportional cost growth, compliance becomes proactive rather than reactive, and client outcomes improve as a system property rather than through manual effort. The UK is one of the most sophisticated advisory markets globally, and it demands technology that is native to its regulatory, operational, and product realities. By combining Intellect’s eMACH.ai architecture with Fintel’s deep market reach, we are creating a platform that amplifies human advisers rather than replacing them, enabling firms to scale trust, resilience, and productivity in the Agentic AI era.”

 

Credit: Sylvia Lee

 

LOS ANGELES, CA — March 18: