Latest news with #RiddhimaJain
Business Upturn
2 days ago
- Health
- Business Upturn
Illegal Mosquito Incense Sticks Spark Concern in Western India: Good Knight Survey
67% of West Indian residents feel uneasy using unregulated mosquito products, highlights growing health risk. By Riddhima Jain Published on June 20, 2025, 16:57 IST Last updated June 20, 2025, 17:00 IST A recent survey by Good Knight, a leading household insecticide brand from Godrej Consumer Products Ltd. (GCPL), has revealed growing unease among residents of Western India regarding the use of illegal mosquito repellent incense sticks. The study, titled 'One Mosquito, Countless Threats,' was conducted by market research firm YouGov and shows that 67% of people in the region feel uncomfortable or irritated when using such unregulated products. The report further highlights that 60% of respondents in the western region—which includes Maharashtra, Gujarat, Goa, and Madhya Pradesh—are highly selective about the mosquito repellents they use, emphasizing a strong preference for government-approved, safe products. In fact, 75% of West Indian consumers opt for officially approved repellents, despite the growing presence of illegal alternatives. Nationally, 69% of respondents shared similar discomfort, with East India leading the concern at 73%. The report also shows that both men (70%) and women (67%) are nearly equally disturbed by these products, which often contain unregistered Chinese chemicals. The illegal mosquito incense stick market is rapidly growing, currently valued at ₹320 crore in Western India alone, out of a national market size of ₹1600 crore, and is expanding by 20% annually. Maharashtra is reportedly the largest market for these illegal products in the region, followed by Madhya Pradesh and Gujarat. Speaking on the findings, Shilpa Suresh, Head of Marketing – Home Care at GCPL, said, 'Many of these incense sticks are illegally manufactured and pose serious health risks. Good Knight remains committed to offering science-backed, safe, and government-approved mosquito solutions for Indian homes.' Echoing these concerns, Jayant Deshpande, Honorary Secretary of the Home Insects Control Association (HICA), called the use of illegal mosquito incense sticks 'a silent killer entering homes.' He urged citizens to check for CIBRC registration numbers on repellent packaging to ensure safety and authenticity. Ahmedabad Plane Crash
Business Upturn
13-06-2025
- Business
- Business Upturn
Tata AIA's ULIP Funds Outperform Market Benchmarks
Tata AIA Life Insurance has reported benchmark-beating returns across its ULIP funds, with top-performing schemes delivering over 30% CAGR over five years. Backed by a strong investment strategy and consistent performance, the insurer's AUM has crossed ₹1.3 lakh crore, marking a 27% year-on-year growth. By Riddhima Jain Published on June 13, 2025, 16:59 IST Tata AIA Life Insurance has posted strong fund performance across its Unit Linked Insurance Plans (ULIPs), with several flagship funds outperforming market benchmarks over the past five years. This milestone reinforces the insurer's leadership in combining long-term investment growth with robust insurance protection. According to data as of May 30, 2025, Tata AIA's Multi Cap, Top 200, and India Consumption Funds have delivered compounded annual growth rates (CAGR) of over 30%, significantly ahead of their benchmark S&P BSE 200, which stood at 22.7%. Specifically: Top 200 Fund : 32.30% Multi Cap Fund : 31.40% India Consumption Fund: 30.44% Additionally, recent New Fund Offers (NFOs) have also demonstrated strong returns since inception. The Small Cap Discovery Fund, launched in July 2023, posted a 37.42% return, outperforming its NIFTY Small Cap 100 benchmark (26.49%). Other NFOs like the Emerging Opportunities Fund, Flexi Growth Fund, and Dynamic Advantage Fund have also exceeded benchmark returns by notable margins. Tata AIA's investment strategy continues to gain recognition, with 99.93% of its Assets Under Management (AUM) rated 4 or 5 stars by Morningstar on a five-year basis—far above the private life insurance industry average of 29%. Harshad Patil, Chief Investment Officer, Tata AIA Life, credited the performance to a disciplined, bottom-up stock selection process: 'Our investment approach focuses on delivering risk-adjusted, consistent returns over the long term. Through meticulous research and diversification, we've managed to generate strong results across market cycles.' As of May 31, 2025, Tata AIA's total AUM has surged to ₹130,053 crore, reflecting a 27.08% year-on-year growth. The insurer attributes this growth to robust new business premium income and its track record of investment excellence. Tata AIA's ULIP products are structured to give policyholders access to India's high-growth equity opportunities while ensuring life and health protection. With a focus on long-term value creation, the company continues to strengthen its dual promise of protection and wealth generation. Ahmedabad Plane Crash
Business Upturn
09-06-2025
- Automotive
- Business Upturn
TVS Unveils Next-Gen Apache RTR 200 4V
TVS Motor Company (TVSM), a global leader in the two and three-wheeler segments, today unveiled the all new 2025 TVS Apache RTR 200 4V—celebrating 20 years of racing legacy. By Riddhima Jain Published on June 9, 2025, 16:48 IST TVS Motor Company today launched the 2025 TVS Apache RTR 200 4V, blending racing pedigree with modern innovation. The new model celebrates the brand's evolution and the trust of over six million riders globally. The 2025 Apache RTR 200 4V is OBD2B compliant and comes packed with features designed to elevate performance and control. Highlights include a 37mm upside-down front suspension, a hydroformed handlebar, and bold new graphics with red alloy wheels. It's available in Glossy Black, Matte Black, and Granite Grey. Under the hood, it retains its spirited 20.8 PS engine, complemented by dual-channel ABS, three ride modes (Urban, Sport, Rain), slipper clutch, adjustable levers, and SmartXonnect™ with Bluetooth voice assist. Speaking about the launch, Mr. Vimal Sumbly, Head Business – Premium, TVS Motor Company, said, 'The TVS Apache brand is not just about a motorcycle — it's a global movement that has inspired a passionate community of over 6 million riders in two decades . Driven by our racing DNA, TVS Apache motorcycles have consistently delivered a powerful blend of performance, precision, and technology, captivating the imagination of youth and enthusiasts worldwide. The upgraded 2025 TVS Apache RTR 200 4V continues this legacy — pushing the limits of design and engineering to offer next-generation riders a thrilling, track-bred experience on every ride. ' Launched in 2016, the RTR 200 4V has introduced several segment-firsts and continues to set benchmarks in performance biking. The latest upgrade further strengthens Apache's legacy in blending track-ready engineering with everyday rideability. The 2025 TVS Apache RTR 200 4V is priced at INR 1,53,990 (ex-showroom Delhi) and is now available across TVS dealerships in India.
Business Upturn
09-06-2025
- Business
- Business Upturn
West India's Gen Z Leads Equity Investment Trend, Shows Strong Financial Planning: Tata AIA Study
A new Tata AIA Life Insurance study reveals that Gen Z in West India (aged 21–29) leads the nation in equity investments, with 54% participating in markets. The report highlights a growing trend of financial maturity, with rising adoption of term insurance, savings plans, and emergency fund planning. This generation is balancing wealth creation with financial protection, showing strong interest in tax benefits, low-cost coverage, and simple claim processes. The findings signal a major opportunity for insurers to offer tailored, digital-led solutions to meet the evolving needs of young earners. By Riddhima Jain Published on June 9, 2025, 17:48 IST Gen Z professionals in Western India are emerging as the most financially proactive cohort in the country, according to a new study by Tata AIA Life Insurance in collaboration with NielsenIQ. The report, titled 'New Age Habits, Traditional Values: Gen Z's Approach to Financial Planning' , finds that young earners aged 21 to 29 in the region lead India in equity investment and are increasingly turning to insurance products for long-term financial security. With 54% of respondents from West India already investing in equities, the region boasts the highest equity participation rate among Gen Z across the country. Furthermore, 17% of respondents currently hold term insurance policies, while 25% plan to purchase them in the near future, highlighting a growing awareness of the importance of financial protection. The study reveals a marked shift in Gen Z's financial behaviour, traditionally seen as risk-takers. Instead, Western India's youth are aligning their investment decisions with long-term objectives. About 55% consider building retirement savings through life insurance a key goal, and 69% prioritize establishing emergency funds. 'The Gen Z generation in West India shows very encouraging signs of financial maturity, especially how they look at insurance,' said Girish Kalra, Chief Marketing Officer at Tata AIA Life Insurance. 'They're choosing term plans, savings products, and health coverage that protect and help them grow wealth. This presents a significant opportunity for insurers to offer tailored, digital-first solutions.' The study also highlights what drives insurance decisions for Gen Z: 68% value tax-saving benefits, 59% seek affordable, comprehensive coverage, 44% prioritize ease and simplicity in claims. In addition to equities, gold remains a favoured asset, with 43% of respondents reporting investments, pointing to a balanced strategy that includes both high-return and value-preserving instruments. The survey, conducted across eight cities including Mumbai and Pune, reflects a gender-balanced and demographically diverse sample, and suggests a growing financial sophistication among India's youngest earners. As Gen Z in West India continues to blend ambition with prudence, insurers and financial institutions are likely to adapt their offerings to match this generation's digitally driven, goal-oriented approach to wealth creation and security.
Business Upturn
04-06-2025
- Business
- Business Upturn
Air India to operate non-stop flights between Delhi and Manila
Air India will launch non-stop flights between Delhi and Manila starting 01 October 2025, becoming the only airline offering direct connectivity between India and the Philippines. The service will operate five times a week using Air India's Airbus A321neo aircraft. By Riddhima Jain Published on June 4, 2025, 14:51 IST In a major expansion of its international network, Air India has announced the launch of non-stop flights between Delhi and Manila, beginning 01 October 2025. This new route will make Air India the sole carrier to offer direct connectivity between India and the Philippines, strengthening bilateral ties and facilitating greater movement of tourists, business travellers, and cargo between the two nations. The airline will operate five flights a week — on Mondays, Wednesdays, Thursdays, Saturdays, and Sundays — using its Airbus A321neo aircraft. These aircraft feature a three-class configuration, offering passengers a choice of Business Class, Premium Economy, and Economy cabins. The launch comes at a time of increasing outbound travel from India and follows the Philippines government's recent decision to offer visa-free entry for Indian tourists for up to 14 days. This move is expected to boost tourism from India to popular destinations in the Philippines, such as Boracay, Palawan, and Cebu. 'The introduction of our Delhi-Manila route is yet another step in our mission to connect India with more of the world, non-stop,' said Campbell Wilson, CEO & Managing Director of Air India. 'As outbound travel from India grows at an unprecedented pace, this route provides an important gateway to Southeast Asia. We're pleased to offer travellers more convenience and to support the growing partnership between India and the Philippines.' Beyond tourism, the new route is also expected to facilitate increasing trade between the two countries. According to the Indian Embassy in Manila, bilateral trade reached USD 3.53 billion in 2023–24, nearly doubling since 2015–16. Additionally, Air India's flight timings are designed to offer seamless one-stop connections from major European cities via Delhi, making the service attractive to international travellers as well. Flight Schedule (Effective 01 October 2025): All times local. +1 indicates next-day arrival. SCHEDULE OF FLIGHTS BETWEEN DELHI AND MANILA (Effective 01 October 2025) Flight # Sector Departure Arrival Days of Operations AI2362 Delhi-Manila 1320 Hrs 2240 Hrs Monday, Wednesday, Thursday, Saturday and Sunday AI2361 Manila-Delhi 2340 Hrs 0350 Hrs+1 Monday, Wednesday, Thursday, Saturday and Sunday Air IndiaAir India AirlinesAviation
