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Come, Invest in Karnataka: State Invites Investors and Global Industry Leaders to Explore Clean Energy Opportunities

  • Karnataka envisages adding 30 GW of renewable energy capacity over the next five years

  •  Showcases progressive policies, clean energy roadmap and investor-friendly ecosystem

 

“Come, invest in Karnataka – a State with a pioneering energy legacy, a progressive renewable energy ecosystem, investor-friendly policies and immense opportunities to power India’s clean energy future,” said Mr. Gaurav Gupta, Additional Chief Secretary, Energy Department, Government of Karnataka.
 

Mr. Gaurav Gupta,  ACS,  Energy Department,  Govt. of Karnataka and Ms. Divya Prabhu GRJ, MD, Karnataka Renewable Energy Development Limited (KREDL) at the Karnataka session

 

As a State Partner at the Bharat Renewable Energy Summit & Expo 2026, being held at Bharat Mandapam, New Delhi, Karnataka is showcasing its renewable energy potential, progressive policies and investment-ready ecosystem.
 

Mr. K.J. George, Hon’ble Minister for Energy and Tourism

 

Inviting investors, industry leaders and global renewable energy players to explore opportunities in the State’s clean energy sector, Mr. Gaurav Gupta said, “Karnataka offers immense opportunities for renewable energy investments, backed by abundant wind and solar resources, investor-friendly policies, automatic land conversion and plug-and-play infrastructure. The State has pioneered innovative models such as the Pavagada Solar Park, which features a unique 30-year land lease agreement with farmers.”
 

The Karnataka Pavilion inspired by the Energy legacy of Mysore, at the Bharat Renewable Energy Summit 2026 at Bharatmandapam

 

“Karnataka’s renewable energy capacity has grown from 16 GW in 2022 to 23 GW, reflecting the State’s rapid progress in the sector. Going forward, we envisage adding 5–7 GW of renewable energy capacity annually, with an ambitious roadmap to add nearly 30 GW over the next five years. Karnataka also led the country in wind capacity addition during 2024–25, with 1,331 MW, reaffirming its position as a major destination for renewable energy investments. This presents significant opportunities for developers, technology providers and industry partners to participate in the State’s clean energy journey.”
 

“As we look towards 2035, our focus extends beyond capacity addition to building a flexible, reliable and resilient clean energy ecosystem. Under the State’s Resource Adequacy Plan, Karnataka envisages adding 41.5 GW of new wind and solar capacity and approximately 11,000 MWh of battery energy storage by 2034–35. We are already progressing with large-scale solar and storage projects, including the 250 MW solar project with 1,100 MWh of storage at Ryapte, standalone battery storage projects and a significant pipeline of renewable energy projects across KPTCL substations.

 

“Our commitment also extends to empowering farmers through PM-KUSUM, promoting green hydrogen and bioenergy, and creating opportunities for innovation, skill development and clean energy entrepreneurship. Through transparent, data-driven project planning, supportive policies and a robust investment ecosystem, Karnataka is strengthening its position as a preferred destination for renewable energy development.”
 

Ms. Divya Prabhu GRJ, Managing Director, Karnataka Renewable Energy Development Limited (KREDL),* said, “Karnataka’s participation as a State Partner at the Bharat Renewable Energy Summit & Expo 2026 reflects our commitment to strengthening the State’s position as a leading destination for renewable energy investments.”

 

“With an installed renewable energy capacity of around 27 GW, accounting for nearly 67 per cent of the State’s total installed power capacity, Karnataka offers a strong combination of natural resources, progressive policies, robust infrastructure and a conducive investment ecosystem. As the nodal agency, KREDL is also fostering a comprehensive renewable energy ecosystem through capacity building, skill development initiatives such as Surya Mitra and Vayumitra, technological advancement, incubation centres and industry-academia collaborations with institutions such as the University of New South Wales, IISc and IIMB.”

 

“Karnataka’s focus extends beyond power generation to strengthening transmission infrastructure. KPTCL has identified 27 dedicated substations for renewable energy projects to facilitate transmission connectivity.”

 

The Karnataka Advantage in Renewable Energy
A key highlight of Karnataka’s participation was the plenary session titled ‘The Karnataka Advantage in Renewable Energy’, which showcased the State’s abundant wind and solar potential, progressive policies, pioneering Pavagada land-lease model and investor-friendly plug-and-play infrastructure. The session explored investment opportunities across renewable energy, manufacturing, technological innovation, energy storage and industry-academia partnerships, while highlighting competitive tariffs, transparent project allocation and robust transmission infrastructure. It witnessed participation from investors, industry leaders and manufacturers who also appreciated the State’s RAP & auto conversion of land initiative, the first in the country.

 

Repowering India’s ageing wind fleet
As part of the summit’s deliberations, Mr. Gaurav Gupta and Ms. Divya Prabhu GRJ, participated in a panel discussion on ‘Repowering Wind Power Turbines’ alongside wind manufacturers and industry leaders.

 

The discussion focused on the opportunities and challenges associated with repowering ageing wind turbines using advanced technologies to enhance generation efficiency, optimise existing wind energy sites and unlock additional renewable energy potential.
 

A Roundtable was also organised bringing together industry leaders, renewable energy developers, manufacturers and key stakeholders to deliberate on Karnataka’s future renewable energy roadmap. The discussion aimed to assess the effectiveness of existing policies and government support mechanisms in Karnataka and other States, identify areas for improvement to achieve the State’s clean energy targets, and explore opportunities to position Karnataka as a preferred destination for clean energy deployment and manufacturing. Industry inputs were also sought to shape the State’s forthcoming Renewable Energy Policy, as the current policy approaches its conclusion in May 2027.
 

The Karnataka Pavilion
A major attraction at the summit was the Karnataka Pavilion, established by KREDL. Drawing inspiration from the architectural grandeur of the iconic Mysore Palace and Karnataka’s pioneering electrical legacy, the pavilion showcased the State’s remarkable journey in the power sector.

 

Karnataka holds a special place in India’s electricity history, having established the Shivanasamudra Hydroelectric Power Project, one of Asia’s earliest hydroelectric power stations, and introduced India’s first electric street lighting in Bengaluru in 1905. The pavilion offered visitors and investors insights into the State’s renewable energy potential, policy initiatives, key projects and investment opportunities.

 

Mr. K.J. George, Hon’ble Minister for Energy, Government of Karnataka, said, “I am delighted about Karnataka’s participation as a State Partner at the Bharat Renewable Energy Summit & Expo 2026.The State has showcased its rich legacy in the energy sector, strong renewable energy potential and progressive policy framework. We welcome investors, industry leaders and global stakeholders to explore the immense opportunities Karnataka offers in renewable energy.”

Kauvery Hospital Launches "Kauvery First Responders", a Network of Bike Ambulances to Deliver Rapid First Response Across Chennai

  • 10 bike ambulances have been deployed across Kauvery Hospital’s Chennai network, covering its Alwarpet, Vadapalani, Radial Road and Maa Kauvery locations.

  • Operated by trained medical responders, the bikes enable rapid first-response care while coordinating with the hospital and ambulance services for transportation and further management.

 

Kauvery Hospital has launched Kauvery First Responders, a network of bike ambulances across Chennai aimed at bringing trained medical first responders and essential emergency equipment closer to patients at the critical first moments of an emergency. Operated by trained medical responders, the bikes are designed to reach emergency scenes quickly, assess patients and provide appropriate first-response care within established training and protocols, while simultaneously coordinating with the hospital and conventional ambulance services for timely further management and transportation.

 

Dr. Manivannan Selvaraj and Dr. Aravindan Selvaraj launched Kauvery First Responders, bike ambulances designed to deliver rapid emergency care

 

In the first phase, 10 bike ambulances have been deployed across Kauvery Hospital’s Chennai network, covering its Alwarpet, Vadapalani, Radial Road and Maa Kauvery locations. The network is designed to extend rapid emergency support across different parts of the city, particularly in situations where traffic congestion or road accessibility may delay the movement of larger emergency vehicles.

 

The bike ambulances are not intended for patient transport. Their role is to bring trained medical expertise and essential emergency support to the patient while a conventional ambulance is coordinated for further management and transportation, when required. Each First Responder bike is equipped with essential emergency-response equipment, including an Automated External Defibrillator (AED), oxygen support and an emergency medical kit.

 

In a suspected cardiac arrest, for instance, the AED can analyse the patient’s heart rhythm and deliver an electrical shock when indicated. Oxygen can be administered when clinically appropriate, while the emergency medical kit enables the responder to carry out immediate assessment and provide first-response care in accordance with established protocols.

 

The First Responders also function as part of a connected emergency-care system. Equipped with 5G connectivity, webcams and GPS/live tracking, the responder can stay connected with the hospital team while at the scene, enabling real-time coordination and facilitating the transition to further care when the patient is transported to the hospital.

 

In his comments, Dr. Manivannan Selvaraj, Founder & Managing Director, Kauvery Group of Hospitals, said, “In an emergency, reaching the patient is the first challenge, and in a city like Chennai, traffic can sometimes make that challenge even greater. We wanted to create a system that works around this reality and brings medical assistance closer to the point where it is needed. Kauvery First Responders are designed to put trained medical responders and essential emergency equipment on the road, so that appropriate care can begin at the scene while the ambulance and hospital teams coordinate the next stage. It is not about replacing the ambulance; it is about making sure that the wait for an ambulance does not also mean a wait for the first response.”

 

Dr. Aravindan Selvaraj, Co-Founder & Executive Director, Kauvery Group of Hospitals, said, “Emergency care is not only about how quickly we reach a patient, but also about what happens in those first few minutes. A faster response becomes meaningful when it is backed by trained personnel, the right equipment and a connected clinical system. With Kauvery First Responders, we are extending the emergency-care pathway beyond the hospital and bringing that first point of clinical response closer to the community. The combination of mobility, emergency preparedness and real-time connectivity can help our teams make those early minutes more purposeful, while ensuring that the patient remains connected to the larger continuum of care.”

 

Kauvery Hospital already operates a connected emergency ambulance network in Chennai, with 5G-enabled ambulances supporting real-time patient monitoring and remote clinical guidance during transport. The First Responders add another layer to this emergency-care pathway, bringing the response even closer to the point where the emergency begins.

Aster DM Quality Care Limited Delivers Robust Performance; Q2 FY27 Revenues up by 19% to INR 2,829 Cr; Normalised PAT up by 34%

Aster DM Quality Care Limited, one of the leading integrated healthcare service providers in India, announced its financial results for the quarter ended September 30, 2026. The quarter was the company’s first as a combined entity, and the company delivered a robust performance, while bringing together diverse teams, aligning them around a shared purpose, and navigating the organizational changes associated with integration.
 

(L-R) Dr. Azad Moopen, Executive Chairman, Aster DM Quality Care Ltd. & Mr. Varun Khanna, Managing Director & Group CEO, Aster DM Quality Care Ltd.
 

Key Financial Highlights 


Aster DM Quality Care Performance for Q2 FY27 

 

  • Revenue for Q2 FY27 grew by 19% YoY to INR 2,829 Cr

  • Normalised PAT stood at INR 281 Cr and grew 34% YoY

  • ROCE stood at 23%, increased by 152 bps YoY

 

Commenting on the merger, Dr. Azad Moopen, Executive Chairman, said, “Completing our first 100 days as a combined entity is a milestone we are proud of. We began as one integrated platform on July 1, 2026, and the progress since then reflects the alignment of our leadership and the commitment of our clinicians and colleagues across the network.


The entity delivered a strong performance in Q2 FY27, with revenue growing 19% to INR 2,829 crore and normalised PAT increasing 34% to INR 281 crore. Our emerging hospitals portfolio (incl Kasargod & Nagarcoil) recorded an impressive 61% growth, highlighting the growing contribution and long-term potential of these units.


Alongside our financial performance, we continued to strengthen our clinical capabilities and quality standards. CARE Hospitals, HITEC City, Hyderabad, received JCI accreditation, while MIMS Kasargod achieved NABH accreditation within a year of commencing operations. These recognitions reaffirm our commitment to clinical excellence, quality and patient safety.


We are equally proud of our progress in Environmental, Social and Governance (ESG) initiatives and Corporate Social Responsibility (CSR). Our recognition at the Global ESG Awards 2026, including awards for supporting economically weaker sections, renewable energy integration and CSR excellence, reflects our commitment to responsible and sustainable healthcare. Through Aster Volunteers and our various community initiatives, we remain focused on extending quality healthcare to underserved communities.


Looking ahead, we remain focused on expanding our healthcare network, including progressing the Aster Trivandrum project towards commissioning, while continuing to invest in clinical talent, advanced infrastructure and technology. Our priority remains delivering better patient outcomes, strengthening operational excellence and creating sustainable long-term value for all stakeholders.”

 

Commenting on the performance for Q2 FY27, Mr. Varun Khanna, Managing Director & Group CEO, said, “Q2 FY27 marks our first full quarter as Aster DM Quality Care, following the successful merger of Aster DM Healthcare and Quality Care India. Building on the strong foundation laid in the previous quarter, I am delighted with the progress we have made as one organisation. Our teams have demonstrated tremendous commitment in bringing together our people, processes and systems, while maintaining an unwavering commitment to our patients, doctors and employees, ensuring seamless patient care and operational excellence. 


One of the most encouraging developments has been the way our people have embraced our shared culture. The foundation laid through GO GREATER, our unified culture initiative launched across nearly 40 locations, is now coming to life through the enthusiasm and active participation of our doctors, nurses and employees. It is heartening to see our teams coming together, learning from one another and embracing a shared sense of purpose.


We are encouraged by the strong performance in our first quarter together and remain grateful for the trust that patients continue to place in us. During the quarter, we served 2.2 million patients, a 12% year-on-year growth and our occupancy improved by 335 bps to 68%, reflecting improved utilisation. We witnessed encouraging growth across complex clinical procedures, with robotic surgeries, kidney transplants and joint replacements growing by approximately 39%, 31% and 29%, respectively. Our Medical Value Travel (MVT) volume grew by 31% year-on-year, despite a challenging external environment, demonstrating the continued confidence of international patients in our doctors, clinical outcomes and healthcare capabilities.


This quarter we made significant advances in clinical capabilities, with several complex and specialised procedures performed across our network. The exchange of clinical expertise and best practices across the combined platform enabled CARE Banjara, Hyderabad, perform its first adaptive Deep Brain Stimulation procedure, enabling personalised, real-time stimulation for Parkinson’s disease management. Aster Medcity, Kochi, performed Kerala’s first liquid nitrogen cryoablation for breast fibroadenomas, offering a minimally invasive, breast-tissue-preserving treatment option. We also strengthened our specialised care offerings with the launch of three Centres of Excellence: the ARISE Robotic Spine Institute at Aster CMI, Bengaluru; the CARE Cancer Institute at Ramkrishna CARE, Raipur; and the Fetal Medicine Centre of Excellence at Aster Medcity, Kochi. 


Higher volumes, greater clinical complexity and a favourable payor mix drove revenue growth of 19% YoY to INR 2,829 Cr, and normalised PAT grew by 34% to INR 281 Cr, a PAT margin of 10%. Going forward, our focus will be on expanding our CONGO and other high-end specialties, augmenting capacity across geographies, strengthening clinical talent and improving access to quality healthcare, while unlocking the full potential of our combined network.”


Business Highlights 

 

  • Total patient volume grew by 12% YoY led by Neurosciences, Oncology, Orthopedics and Gastroenterology

  • Occupancy up 335 bps (65% to 68%), led by patient volume growth in key specialties and growth in MVT patient flows

  • MVT revenue grew 36% YoY, led by Maldives and GCC markets, with rising contribution from West Africa, other MENA countries


In H1FY27

 

  • Mature hospitals contributed approximately 73% of hospital revenue, registering an 18% year-on-year growth, driven by steady growth in patient volumes and an increasing share of complex clinical cases.

  • Emerging hospitals (incl Kasargod & Nagarcoil) showcased a steady ramp up of 62% YoY supported by higher IP & OP volumes​

 

About Aster DM Quality Care
Aster DM Quality Care Limited is one of India’s leading integrated healthcare providers, formed through the merger of Aster DM Healthcare Limited and Quality Care India Limited. The merged entity brings together four leading healthcare brands – Aster DM, CARE Hospitals, Evercare and KIMSHEALTH, creating a scaled and diversified healthcare platform with a network of 38 hospitals across 27 cities and over 10,840 beds. With a strong presence across South and Central India, the merged entity will deliver comprehensive healthcare services spanning primary, secondary, tertiary and quaternary care, supported by centers of excellence across key specialties including oncology, cardiac sciences, neurosciences, gastro sciences, orthopaedics, nephrology, organ transplantation, mother and child-care, and critical care.


For more information about us, please visit www.asterqualitycare.com
 

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Aster DM Quality Care Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Actual amounts, losses or impact on net profit could materially differ from those that have been estimated. In addition, other factors that could cause actual results to differ materially from those estimated include harmonization of accounting policies and practices.

La Pink Launches 'Iss Baar Kuch Dil Se' to Bring Thoughtfulness Back to Diwali Gifting

La Pink, a homegrown beauty and fragrance brand, has launched its Diwali campaign, ‘Iss Baar Kuch Dil Se,’ built around the thought, ‘Dil Se Diya.’ The campaign encourages consumers to move beyond customary festive gifting and choose presents that reflect the people they are meant for.

 

La Pink celebrates the spirit of Diwali, where traditions bring families closer, togetherness creates lasting memories, and every home shines brighter. Shubh Diwali!

 

Diwali gifting often follows a familiar routine, with mithai, dry fruits and hampers exchanged as part of the festive tradition. But behind every meaningful gift lies something more personal: remembering what someone loves, noticing what they have been wanting, or choosing something they would never buy for themselves. Through this campaign, La Pink highlights how thoughtful gifting is less about the value of a present and more about the emotion behind it.

 

Through ‘Iss Baar Kuch Dil Se’, the brand invites consumers to shift their approach from asking, “What should I gift?” to “What would make this person happy?” Whether it is a mother’s favourite fragrance, a sister’s much-awaited skincare product or something a friend has been eyeing for a while, the campaign celebrates the small details that make a gift feel personal.

 

As a beauty and fragrance brand, La Pink aims to make festive gifting a more considered expression of affection and appreciation. The campaign reflects the belief that a gift becomes more meaningful when it shows that the giver has paid attention, remembered the little things, and chosen with the recipient in mind.

 

Commenting on the campaign, Nitin Jain, Founder and Director, La Pink, said, on the importance of thoughtful gifting and the idea behind “Iss Baar Kuch Dil Se”

 

With this campaign, La Pink hopes to encourage consumers to make gifting less about following a festive ritual and more about celebrating the relationships that make Diwali special. Because the most memorable gifts are often the ones that simply say, ‘I thought of you.’

 

Iss Baar Kuch Dil Se. Dil Se Diya

 

About La Pink

La Pink is an Indian beauty brand focused on creating conscious, ingredient-led beauty formulations. The brand is known for its 100% microplastic-free formulations and emphasis on formulation transparency. Its portfolio spans skincare, body care and fragrances, with products formulated using carefully selected ingredients sourced globally and developed with the needs of Indian skin in mind.

Antlia Engineering Works Releases Technical Guide Debunking Seven Common Myths About AODD Pumps

Antlia Engineering Works, an ISO 9001:2015 certified Indian manufacturer of industrial pumps, has released a technical guide titled “AODD Pump: 7 Myths vs Facts Every Industrial Manufacturer Should Know”. The guide is designed to help plant engineers, procurement professionals and industrial buyers make better informed decisions when selecting Air Operated Double Diaphragm (AODD) pumps. It is available free at (link).

 

Antlia Engineering Works’ range of AODD pumps in PP, PVDF, aluminium and SS-316, built in Mumbai for chemical, pharma, paints and coatings applications

 

Industrial fluid transfer is critical to chemical manufacturing, pharmaceuticals, paints and coatings, food processing, printing and many other sectors. Choosing the right pump involves far more than meeting a flow rate. Chemical compatibility, operating pressure, material of construction, maintenance needs and long-term reliability all affect performance and cost. Despite their widespread use, AODD pumps are still surrounded by misconceptions that can lead to poor equipment choices, premature component failure and avoidable operating costs.

 

“We regularly speak with buyers who select a pump on size or price alone, or who assume one material or one pump type will work for every fluid,” said Meet Jain, Founder, Antlia Engineering Works. “A wrong specification can mean corrosion, leakage or unplanned downtime. We wrote this guide to give buyers clear, practical facts before they make that decision.”

 

Key Findings from the Guide

1. Not all diaphragm pumps are the same. AODD pumps use compressed air to drive two diaphragms through an air distribution system, while other diaphragm designs rely on mechanical or hydraulic actuation. AODD pumps are well suited to applications that need self-priming capability, variable flow, tolerance to dry running under specified conditions and the handling of certain challenging fluids. Buyers should assess flow, discharge pressure, viscosity, temperature, solids content and chemical compatibility, not size or price alone.

 

2. No single material suits every chemical. Polypropylene (PP), PVDF, stainless steel SS-316 and aluminium each suit different fluids and operating conditions. The guide stresses that the choice must rest on the actual chemical, concentration, temperature and pressure, and that no material should be assumed to be universally compatible.

 

3. “No electric motor” does not mean “no energy cost.” AODD pumps need no electric motor at the pumping point, which is valuable where electrical equipment is undesirable. However, compressed air must be generated, and total operating cost depends on compressor efficiency, the pump’s air consumption, operating pressure, system leakage and running hours. Correct pump sizing is therefore central to evaluating total cost of ownership.

 

4. PTFE is not automatically the best diaphragm. PTFE offers broad chemical resistance, but diaphragm life also depends on flexibility, temperature, pressure cycling and mechanical fatigue. Santoprene, Neoprene and other elastomers can be the better choice for specific applications. Choosing on chemical resistance rating alone may not give the best overall result.

 

5. AODD pumps are not limited to chemical plants. Applications include pharmaceutical manufacturing, paints and coatings, printing and packaging, wastewater treatment, mining and mineral processing, adhesives and specialty chemicals, oil and petroleum-related uses, and food and beverage processing with suitable hygienic configurations.

 

6. Imported does not automatically mean better. Pump quality depends on design, material specification, testing and performance under real operating conditions, not the country of manufacture. The guide encourages buyers to compare suppliers on measurable criteria such as quality control procedures, spare parts availability, technical support, delivery lead times and total cost of ownership.

 

7. AODD pumps are not the answer to every application. Centrifugal pumps are often preferred for continuous transfer of compatible, relatively low-viscosity fluids where flow and head suit the pump curve. Barrel pumps are designed for transferring liquids directly from drums and barrels. AODD pumps are favoured where pneumatic operation, variable flow, self-priming or the handling of certain viscous or solids-containing fluids is required.

 

Supporting Indian Industrial Buyers

The guide also reflects the growing capability of Indian pump manufacturers. India’s chemical, pharmaceutical, paints, coatings and specialty chemical industries need dependable fluid-handling equipment, and domestic manufacturers are increasingly able to offer application-specific solutions in engineering, materials and support.

 

“Indian buyers have good reason to be careful with critical equipment, and they should compare any supplier, domestic or imported, on the same measurable parameters,” said Jain. “That means material specifications, testing, spare parts availability, technical support and delivery times. When Indian manufacturers meet those standards, they are a practical alternative for many industrial applications, with the added benefit of faster response and local support.”

 

A Buyer’s Checklist

Alongside the myths, the guide gives buyers a short checklist to use before purchasing an AODD pump:

 

  • Flow and pressure: the actual process flow required, and the discharge pressure against the compressed air pressure available.

  • Materials: wetted materials selected for chemical compatibility, and a diaphragm chosen for the application.

  • Operating cost: air consumption in relation to compressor capacity.

  • Lifecycle: spare parts availability, ease of servicing and the manufacturer’s technical support and delivery commitments.

 

“A properly selected pump means more reliable fluid transfer, fewer maintenance interruptions and better process efficiency,” Jain added. “That is the outcome we want for every customer.”

 

About Antlia Engineering Works

Antlia Engineering Works is an Indian industrial pump manufacturer based in Mumbai and established in 2017. The company began with Air Operated Double Diaphragm pumps and has since expanded its range to include barrel pumps and centrifugal monobloc pumps. Its AODD pumps are offered in multiple sizes and materials of construction, including PP, PVDF, aluminium and SS-316, depending on the model and application. Antlia is ISO 9001:2015 certified, Ministry of Defence approved and GeM registered, and exports to more than 20 countries.

Finkurve Financial Services Expands Its Gold Lending Footprint and Strengthens Branch Productivity; AUM Rises 95.4% YoY

Finkurve Financial services Limited (NSE: FINKURVE; BSE: 508954), among leading Tech-first Gold Loan NBFC, announced its financial performance for the quarter and half year ended 30th September 2026.
 

Business Highlights: Q2 FY27

 

  • Asset under Management (AUM) grew by 95.4% YoY from INR 671 Cr to INR 1,312 Cr (Including off Book AUM of INR 78 Cr)

  • Branch network increased from 92 to 122 branches YoY

  • Number of active customers (GL), as on 30th September 2026 stood at 33,019

 

Financial Highlights: Q2 FY27

 

  • Total income grew 87.8% YoY from INR 48 Cr in Q2 FY26 to INR 90 Cr in Q2 FY27

  • Gross NPA reported at 2.63% and Net NPA is reported at 2.37%

  • Capital adequacy ratio remained healthy at 28.74%

 

Key Highlights Till Date:
 

  • Successfully completed the 2nd tranche with Franklin Templeton through NCD issuance, aggregating

  • Rs. 50 crore and marking the Company’s first-ever AIF investment.

  • The Company further strengthened its Board with the appointment of Mr. Rajendran Chinna Veerappan as an Additional Director (Non-Executive, Non-Independent)

  • Reinforcing its commitment to strengthen governance and disciplined growth, the Company has expanded its leadership architecture with the appointment of Mr. Raju Shah as Chief Risk Officer and Mr. Husain Pittalwala as Chief Compliance Officer

  • Co-lending contribution increased to 6% in Q2 FY27 from 1.6% in Q2 FY26, reflecting strong year-on-year growth

 

Financial Snapshot: Q2 & H1 FY27

(INR.Cr)

Particulars

Q2 FY27

Q2 FY26

Y-o-Y

Q1 FY27

Q-o-Q

H1 FY27

H1 FY26

Y-o-Y

Total Income

90

48

87.8%

76

19.2%

166

88

88.5%

PBT

13

7

75.3%

11

15.7%

24

14

69.9%

PAT

10

6

62.2%

8

13.8%

18

11

63.9%

Basic EPS (INR)

0.68

0.42

61.9%

0.60

13.3%

1.29

0.81

59.3%


Key Metrics: Q2 FY27

Particulars

Q2 FY27

Q2 FY26

Y-o-Y

AUM (INR. cr)*

1,312

671

95.4%

Branch Network

122

92

32.6%

Avg. Gold Loan per Branch (INR. cr)

10.4

6.6

58.0%

* Includes Off Book AUM
 

Particulars

Q2 FY27

Q2 FY26

Return on Average Loan assets

3.0%

3.9%

Return on Average Equity

10.7%

7.3%

Capital Adequacy Ratio

28.7%

47.1%

Debt to Equity Ratio

2.53

1.14

 

Commenting on the performance, Mr. Priyank Kothari, Executive Director said, “Q2 FY27 marks another quarter of strong business momentum, with Assets under Management rising 95.4% YoY to INR 1,312 Cr, including off-book AUM of INR 78 Cr. Our technology-enabled branch network expanded to 122 branches from 92 a year ago, while average gold loan per branch increased to INR 10.4 Cr from INR 6.6 Cr, reflecting improved branch productivity and operating efficiency.


Our focus remains on building a scalable gold lending business through technology, operational discipline and prudent risk management. Profit After Tax increased 62.2% YoY to INR 9.6 Cr, while the Capital Adequacy Ratio stood at 28.7%, providing a sound capital base to support growth.


As we move into the second half of FY27, we aim to deepen our presence in the gold loan market, expand our distribution network and strengthen branch productivity. We will continue to focus on technology-led operations, diversified funding, robust governance and customer experience to drive sustainable long-term growth.”

 

About Finkurve Financial Services Limited (Arvog)
Finkurve Financial Services Limited (NSE: FINKURVE; BSE: 508954), also known by its brand name Arvog, is a non-banking financial company (NBFC) registered with the Reserve Bank of India (RBI) as a non-deposit-taking, Middle-layer NBFC. Established in 1984 as Sanjay Leasing Ltd., the Company obtained its NBFC license in 1998 and was acquired by the Promoters in the year 2010.


Finkurve focuses primarily on gold loans, which forms the majority of its Assets under Management (AUM), positioning it as a leading gold loan NBFC. The Company also offers personal loans expanding its financial solutions through partnerships with fintech companies.


Finkurve also has a strategic tie-up with Augmont Goldtech, India’s largest fully integrated gold platform, serving as a one-stop destination for all gold-related needs. With a growing presence across India, Finkurve remains committed to providing accessible, technology-driven financial services to a broad customer base.


For more details, please visit, www.arvog.com

Ai+ Smartphone Brings Forward November 15 Price Hike to November 11, Now Is the Best Time to Buy

Ai+ Smartphone today announced that its previously communicated price revision, originally scheduled for November 15, will now take effect on November 11, 2026. Consumers have until November 10 to purchase their preferred devices at existing prices, subject to availability.

 

Ai+ Smartphone Brings Forward November 15 Price Hike to November 11

 

The decision follows stronger-than-anticipated consumer demand, with sales exceeding initial projections and existing inventory being exhausted ahead of schedule. With fresh inventory being procured at higher memory and component costs, the company has advanced its planned price revision to reflect the updated cost structure.

 

Now is the best time to buy. With the revised prices taking effect earlier than initially announced, consumers planning their next smartphone purchase or upgrade have a limited opportunity to buy at current prices.

 

Pricing from 11th Nov 2026

 

Model

 

Variant

 

Previous Price

Revised Cost from November 11

Ai+ Pulse 2 FE

4+64

Rs 8,999

Rs 10,999

Ai+ Pulse 2

4+64

Rs 8,999

Rs 10,999

Ai+ Pulse 2

4+128

Rs 9,999

Rs 11,499

Ai+ Pulse 2

6+128

Rs 10,999

Rs 11,999

Ai+ Nova 2 5G

4+64

Rs 11,999

Rs 13,999

Ai+ Nova 2 5G

4+128

Rs 12,999

Rs 14,499

Ai+ Nova 2 5G

6+128

Rs 13,999

Rs 14,999

Ai+ Nova 2 Neo 5G

4+64

Rs 12,499

Rs 14,999

Ai+ Nova 2 Neo 5G

4+128

Rs 12,999

Rs 15,999

Ai+ Nova 2 Neo 5G

6+128

Rs 14,999

Rs 16,999

Ai+ Nova 2 Power 5G

6+128

Rs 15,999*

Rs 16,999*

Ai+ Nova 2 Power 5G

8+128

Rs 16,999*

Rs 18,999*

Ai+ Nova 2 Pro 5G

6+128

Rs 16,999

Rs 17,999

Ai+ Nova 2 Pro 5G

8+128

Rs 17,999

Rs 19,999

Ai+ Nova 2 Ultra 5G

6+128

Rs 18,999

Rs 20,999

Ai+ Nova 2 Ultra 5G

8+128

Rs 19,999

Rs 22,999

Ai+ NovaFlip 5G

8+256

Rs 49,999

Rs 49,999

 

*including bank offers

 

About Ai+ Smartphone

Ai+ Smartphone is a next-generation brand built in India, delivering reliable and high-performance mobile experiences. Powered by NxtQuantum OS, India’s first sovereign mobile operating system, the brand focuses on delivering a clean design, ensuring long battery life, and maintaining trusted software performance, all while keeping prices accessible without compromising the user experience.

 

About Ai+ and NxtQuantum Shift Technologies

NxtQuantum Shift Technologies is a deep-tech Indian company building secure, sovereign digital platforms for a digital-first world. Founded by Madhav Sheth, the company develops NxtQuantum OS, India’s first sovereign operating system, and is committed to building technology that is designed, engineered, and developed in India while remaining globally competitive.

Sarovar Hotels Combines Festive Stays and At-Home Catering in Diwali Offering

Sarovar Hotels has introduced a festive hospitality offering for Diwali, bringing together holiday stays at participating hotels across India and customised at-home catering through its Ghar Mehfil service. The initiative caters to families and groups looking to celebrate the festival through a getaway or a gathering at home.
 

Sarovar Hotels
 

The Diwali stay offer is available for bookings and stays from 6 to 10 November 2026. It includes complimentary stays and meals for children up to 12 years, along with a credit voucher towards food and beverages and spa services. Customers can choose from beach destinations like Goa to Hills and Pilgrimage destinations.

 

Akshay Thusoo, Senior Vice President – Commercial, Sarovar Hotels, said, “Diwali is a time when people come together to celebrate, and our aim is to make these occasions more convenient and memorable for our guests. By bringing together festive stays at our hotels and Ghar Mehfil’s at-home catering, we are extending Sarovar Hotels hospitality beyond the hotel environment. This offering gives families and groups the flexibility to celebrate in a way that works best for them, while enjoying the warmth, service and food experiences associated with Sarovar Hotels.”

 

Extending the festive experience beyond its hotels, Ghar Mehfil offers customised multi cuisine menus for home gatherings starting at eight guests. The service includes a chef and a server, with staffing and menu options tailored to the size and requirements of each gathering. Pricing is based on the selected menu and service requirements.

 

Through this offering, Sarovar Hotels is extending its festive hospitality proposition across hotel and home settings, giving guests the flexibility to celebrate Diwali in a way that suits their preferences.

 

For details on participating hotels, festive packages, available offers and Ghar Mehfil enquiries, guests can call +91 98868 00049.

 

About Sarovar Hotels

Sarovar Hotels Pvt. Ltd. is a leading hotel management company and one of the fastest-growing chains of hotels in India. Headed by a team of industry veterans, the company manages over 160 operational hotels in 95 destinations across India, Nepal, and Africa, under the Sarovar Premiere, Sarovar Portico, Hometel, and Golden Tulip brands. Sarovar Hotels covers the Budget – Economy, Midscale – Upper Midscale & Upscale spectrum and also operates a Corporate Hospitality Services division for business schools and corporate institutions.

 

With 17 regional sales & reservations offices across India, Sarovar Hotels is among the country’s most diverse hotel management companies. Sarovar Hotels is part of the Paris-headquartered Group Du Louvre, a major player in the global hospitality industry, managing a portfolio of 1700 hotels across 60 countries.

SCINQ Neurocosmetics Launches in India, Pioneering the Science of Mind–Skin Connection to Luxury Skincare

SCINQ Neurocosmetics, India’s luxury skin-care brand, announced its launch in the Indian luxury skincare market with a collection of two formulations, available through their official WWW.SCINQ.IN website. Built around the philosophy “The science of mind. The intelligence of skin,” the brand introduces a science-led approach that looks at skincare through the connection between the mind, the nervous system and the skin.

 

SCINQ Day & Night cream product Launch


Neurocosmetics is an emerging field that studies how the skin responds to sensory, environmental and emotional stimuli. As stress, disrupted sleep, long working hours and environmental exposure become part of everyday life, consumers are paying closer attention to how internal wellbeing shows up on the skin. SCINQ combines neurocosmetic activities and potent botanical blends in their advanced scientific formulations to address this.


“We created SCINQ because we felt there was a larger conversation missing from skincare — the relationship between what we experience internally and what our skin experiences externally,” said Shrishti Yadav, Co-Founder, SCINQ Neurocosmetics. “Stress, emotions and our environment are all part of modern life that impact the health of our skin. Yet, for generations,skincare has traditionally approached the skin in isolation. Neurocosmetics allows us to look at our skin through a much wider lens.”


The launch collection comprises Dew Defence Day Cream and Calm Essence Night Cream. Dew Defence Day Cream is formulated with Neurobiox™ and select potent botanicals. It is designed for daytime use with a focus on protection, hydration, skin comfort and resilience. Calm Essence Night Cream is powered by Neurophroline™, a scientifically validated Neurocosmetic active proven to reduce Cortisol levels. This formulation is built around an evening skincare ritual, pairing neurocosmetic science with ingredients that support deep hydration, repair, replenishment and rejuvenation. Both formulations also incorporate Mimiskin™, a biomimetic ingredient that creates a skin-identical film to support the skin’s moisture barrier while protecting it from external harm from pollution, dust and other environmental aggressors.


“Luxury skincare has traditionally been defined by sophisticated formulations, sensorial experiences and high-performance ingredients. We believe the next evolution lies in making skincare more intelligent and more responsive to the realities of the consumer,” said Shubham Godara, Co-Founder & CEO, SCINQ Neurocosmetics. “People today are dealing with constant stimulation, stress, environmental exposure and increasingly complex lifestyles. SCINQ is our attempt to understand that reality and translate it into a more considered and holistic skincare experience.”


SCINQ is designed for discerning , mature women, residing in urban India, affluent and familiar with established luxury skincare, including working professionals, entrepreneurs and women balancing demanding personal and professional lives. Their concerns are shaped by stress, disrupted sleep, screen exposure and environmental factors, and they value science-backed formulations, ingredient transparency and sensorial experiences.


Products are available in 50g packs, priced at Rs.3000/- for Dew Defence Day Cream and Rs. 4,300 for Calm Essence Night Cream respectively. Trial packs in 20g are also available. With its launch, SCINQ aims to build awareness of neurocosmetics in India and contribute to a wider conversation around stress, emotions, lifestyle, skin health and wellbeing.

WazirX Celebrates Diwali with 50% off Futures Trading Fees in The Big Futures Fest

Crypto exchange WazirX has introduced The Big Futures Fest for Diwali. Available from November 1–15, 2026, The Big Futures Fest offers the lowest Futures trading fees among crypto exchanges in India across every Futures pair in INR and USDT markets.

 

With The Big Futures Fest, WazirX is slashing its already industry-lowest Futures trading fees by another 50%, bringing maker fees to just 0.01% and taker fees to just 0.02% across all Futures pairs in INR and USDT markets. The offer is open to all registered WazirX users who have completed mandatory KYC, identity verification and bank account verification requirements.

 

Users can access the offer by logging in to their verified WazirX account, navigating to the Futures section and choosing an available trading pair.

 

“Diwali is a time of celebration, and The Big Futures Fest is our festive offering to the WazirX community. We have the lowest trading fees in Futures in the industry, and we are offering further discounts on the same. We also encourage users to understand the products they trade, and plan their positions carefully,” said Rajagopal Menon, Vice President, WazirX.

 

WazirX Futures provides access to markets spanning Bitcoin and Ethereum, as well as Gold, Silver, Brent Crude, Tesla and Nvidia through its Global Markets offering. The platform also offers WazirX AI to assist users with questions about crypto Futures and navigation of the trading interface. Take Profit and Stop Loss features help users plan exits, while INR-margined Futures allow users to settle profits and losses in INR.

 

Participation is subject to campaign terms, WazirX’s Terms of Use and applicable Futures trading terms.

 

About WazirX

WazirX is a leading Indian cryptocurrency exchange established in 2018, offering INR-based access to crypto through spot and perpetual futures markets. Users can buy and sell crypto in spot markets and trade INR-settled perpetual futures with features such as leverage, stop-loss and take-profit orders. WazirX has partnered with BitGo and integrated Fireblocks’ technology to strengthen digital asset security. WazirX supports INR deposits and withdrawals through verified bank accounts and is available on web, Android and iOS. The platform is registered as a Reporting Entity with the Financial Intelligence Unit, India (FIU-IND) and follows KYC and AML processes.

 

For more information about WazirX, please visit: wazirx.com