Prestige Xclusive Clocks 100 New Stores in FY26, Redefining Retail Experience

 

 

National, April 2026: TTK Prestige, a trusted name in kitchen innovation, announced a significant milestone in its retail journey with Prestige Xclusive (PXL) successfully launching 100 exclusive outlets across India in FY26. This expansion marks a strong step forward in enhancing the brand’s omni-presence and improving consumer accessibility across key markets.

The expansion is strategically aligned with TTK Prestige’s evolving portfolio of new-age cookware and appliances. This includes advanced cookware ranges such as Tri-ply, Castlite, and ceramic collections, alongside innovative appliances like the Endura series for multifunctional cooking and the Nutri series for healthier, easy-to-prepare meals. The portfolio is further strengthened by cutting-edge solutions such as 2-in-1 air fryers like Airflip, induction cooktops with whistle counter technology, and the Duo range including the Electro Duo with both induction and infrared cooking. Additionally, the Svachh series—featuring gas stoves with easy-clean technology and pressure cookers with spill-control lids—reflects the brand’s focus on convenience and hygiene.

With a strong emphasis on innovation, aesthetics, and functionality, TTK Prestige offers a wide range of solutions catering to every kind of cook—from everyday home users to experimental and health-conscious consumers. The expanded retail footprint ensures that these innovations are now more accessible than ever.

Beyond expanding reach, FY26 also marks a shift in Prestige Xclusive’s retail philosophy, with stores being reimagined as experience centres. Designed to showcase the brand’s comprehensive range under one roof, these spaces enable consumers to interact with products, explore features, and make informed choices through immersive, hands-on experiences.

Driving this experiential approach is a strong focus on live demonstrations, both in-store and across nearby catchments through engagement with residential communities and RWAs. This hyperlocal activation model has played a key role in building awareness, encouraging product trials, and strengthening consumer connect.

Ms. Akila Chandrasekar, Senior General Manager Marketing, TTK Prestige, said, “Our vision is to transform retail into an experience-led journey for consumers. With our stores evolving into interactive spaces, we are enabling customers to truly engage with our products. From live demonstrations to hyperlocal activations, we are building stronger connections and helping consumers make more informed choices for their kitchens.”

TTK Prestige is also strengthening its franchise network, inviting interested partners to explore opportunities through the franchise enquiry lead generator on the TTK Prestige website.

With a dual focus on expanding its retail network and enhancing in-store experiences, the brand continues to reinforce its position as a future-ready, consumer-first company, bringing innovation closer to every Indian kitchen.

Ekart Partners with IKEA to Enable Sustainable Last-Mile Deliveries in Chennai

Ekart powers end-to-end large-format deliveries for IKEA across Chennai

Dedicated EV fleet enables scalable, sustainable last-mile logistics

Partnership highlights Ekart’s enterprise-grade capability for complex commerce

Bengaluru – April 21, 2026: Ekart, one of India’s leading 3PL (third-party logistics) supply chain companies, today announced the expansion of its partnership with IKEA to strengthen the global home furnishing brand’s last-mile logistics in Chennai. 

This partnership highlights Ekart’s growing role as a trusted, enterprise-grade logistics partner for large-format and complex commerce in India.

Orders from Chennai, placed on IKEA’s website and app, will now be fulfilled by Ekart’s 100% dedicated electric vehicle (EV) fleet, enabling fully sustainable and technology-led delivery operations in the city. Chennai becomes the second major city where Ekart manages IKEA’s deliveries, following the partnership’s launch in NCR-Delhi in 2025.

As part of this long-term collaboration, Ekart will manage the end-to-end movement of orders across IKEA’s extensive catalogue of over 600 products, including furniture, home décor, including large-format furniture and home solutions requiring specialised handling and household essentials, ensuring consistent and efficient doorstep delivery for customers across Chennai.  

Leveraging a technology-driven fulfilment network and optimised routing capabilities, Ekart will enable deliveries within a 48-hour window, ensuring consistent service levels across large-format, high-involvement deliveries. IKEA customers will benefit from real-time tracking and end-to-end shipment visibility, from fulfilment hub to doorstep, reinforcing reliability and transparency at scale.

The dedicated supply chain, powered by an EV fleet, enables rapid turnaround while demonstrating Ekart’s ability to build scalable, sustainable logistics solutions tailored to the needs of large-format retail. This model also supports the shared commitment to advancing zero-emission deliveries in India.

Ekart and IKEA’s partnership for last-mile delivery in Chennai and NCR-Delhi (announced in 2025) reflects a shared focus on building more sustainable urban logistics through EV-led operations. Ekart’s role in enabling fully electric last-mile deliveries for IKEA highlights its capability to scale environmentally responsible logistics solutions for large-format retail.

Mani Bhushan, Chief Business Officer, Ekart, said, “Our expanded partnership with IKEA reflects Ekart’s strength in building and operating enterprise-grade, specialised supply chain solutions for leading global retail brands. As large-format retail continues to scale in India, the need for reliable, technology-led logistics partners is becoming increasingly critical. Through dedicated infrastructure and an EV-led last-mile network, we are focused on delivering consistent, sustainable logistics solutions at scale.”

Saiba Suri, Country Customer Fulfilment Manager, IKEA India, said, “Efficient and sustainable fulfilment is central to our growth in India as we expand our omnichannel presence. Our collaboration with Ekart in Chennai strengthens our ability to serve customers faster and more seamlessly, particularly across our large-format home furnishing range, where reliable and specialised last-mile logistics is critical. By combining operational scale with an EV-led last-mile model, this partnership also supports our ambition to reduce environmental impact while maintaining high service standards. We look forward to deepening this collaboration as we expand our footprint across India.”

Ekart powers end-to-end logistics for over 1,800 retail, D2C, and enterprise brands, offering integrated supply chain solutions across last-mile delivery, part-truckload (PTL), and warehousing. As a trusted partner at scale, Ekart enables brands to operate efficiently and sustainably across India. By combining IKEA’s home furnishing expertise with Ekart’s logistics capabilities, the partnership aims to deliver a more seamless, reliable, and sustainable customer experience.

About Ekart

Ekart is one of the largest supply chain companies in India. Starting out in 2009 with an aim to fulfill the supply chain requirements of customers across India, Ekart today provides 3PL services to many small and large-scale businesses across the country. It provides integrated supply chain solutions encompassing warehousing, distribution, dropship, as well as multi-modal heavy/non-unitized inventory movements to customers across industries. With state-of-the-art grade A warehouses across 20+ locations, 14,000+ trucks running daily across the length and breadth of the country, Ekart delivers across 15,000+ pincodes.

Ekart strives to empower every Indian’s dream by delivering value through innovation in technology and commerce.

For more details please visit the website here. 

A Love Affair with Mango, Crafted by Theobroma

National, 20th April 2026: There is something about mango season that goes beyond taste, it is a feeling. A familiar sweetness, a sense of nostalgia, and an unmistakable love for a fruit that defines summer. From childhood memories to everyday indulgences, mangoes are more than seasonal; they are deeply personal.

This summer, Theobroma, India’s much-loved patisserie and chocolate brand, brings this idea to life with its Mango Collection, shaped by a simple yet evocative thought, how far would you go for the love of mango? A quiet nod to the rituals and indulgences the season inspires, the collection reflects the lengths people go to for a flavor that feels both fleeting and unforgettable, from lingering a little longer to returning for just one more bite. There is an unmistakable energy to mango season, a sense of anticipation and indulgence that arrives only once a year, and this collection captures it in its most refined form. Crafted with the season’s finest mangoes and paired with Theobroma’s signature techniques, each desert is designed to balance richness with lightness, familiarity with novelty, offering an experience that feels as considered as it is indulgent.

At the heart of the collection is the richness of the season’s finest mangoes, thoughtfully paired with Theobroma’s signature craftsmanship. Each dessert is designed to highlight the fruit’s natural sweetness while offering layers of texture, creaminess, and balance, making it perfect for everything from quiet self-indulgence to shared summer moments. The complete range is detailed below.

Fresh Mango Cream Cake [530g]

Our signature mango indulgence, crafted with the finest Alphonso mangoes. Layers of soft sponge soaked in mango syrup come together with rich mango diplomat cream and mango jam, finished with light whipped cream and fresh Alphonso mango chunks. 

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Tres Leches

A tropical take on the classic tres leches. Soft sponge soaked in a mango infused three milk blends, topped with whipped cream and the finest Alphonso mango chunks. Creamy, airy, and melt in the mouth.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Fresh Mango Cream Pastry [1 Piece]

A classic mango cream combination in an individual serving. Mango-soaked sponge layered with rich mango diplomat cream and mango jam, topped with whipped cream and fresh Alphonso mango chunks.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Baked Yogurt

A perfect summer dessert. Creamy baked yogurt layered with mango jam, topped with mango glaze and fresh mango chunks, offering a balanced sweet and tangy flavor.

Allergens: Milk, Soy, Tree Nuts.

Mango Tart

A buttery tart shell filled with layers of sponge, mango compote, and mango diplomat cream, finished with mango whipped cream and juicy mango chunks for a balanced play of textures and flavors.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Cheesecake Jar

A rich and creamy mango cheesecake layered with a buttery biscuit base, smooth cheesecake, mango jam, and mango pieces, finished with fresh mango. Served chilled with a gentle sweet tangy balance.

Allergens: Gluten, Milk, Soy, Tree Nuts. 

Mango Bento Mini Cheesecake [350 g]

A baked mango cheesecake with a buttery biscuit base, topped with mango cream and juicy mango chunks. Perfectly portioned and served chilled for a light yet indulgent dessert experience.

Allergens: Gluten, Milk, Soy, Tree Nuts. 

Mango Tiramisu

A tropical twist on the classic tiramisu. This non-coffee version features soft sponge soaked in mango syrup, layered with rich mascarpone cream, mango jam, and juicy mango pieces, finished with whipped cream and a light dusting of cocoa.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Chocolate Truffle Cake [550 g]

A perfect harmony of chocolate and mango. Soft chocolate sponge layered with rich truffle, mango jam, and juicy mango chunks, finished with chocolate ganache and mango jam for a decadent, celebratory dessert.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Trifle Pudding

Layers of juicy mangoes, house made mango jam, mango diplomat cream, and soft vanilla sponge soaked in mango syrup, finished with whipped cream and fresh mango chunks.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Adding a playful layer to the experience, Theobroma also introduces an in-store Mango Passport, making the season even more interactive. With the purchase of their first mango dessert, customers receive a passport featuring the full mango menu, and with each new dessert tried, a stamp is added to its dedicated page, turning every visit into a journey of discovery and a celebration of their love for mango.

Available for a limited time across Theobroma stores pan India, the Mango Collection invites everyone to celebrate the season, for the love of mango. Whether it is collecting stamps, discovering new favorites, or simply indulging in a familiar classic, this is a time to savor what we love most about summer; one mango filled bite at a time.

About Theobroma: Theobroma, meaning “Food of the Gods” in Greek, is a pan India chain of patisseries known for its indulgent range of brownies, cakes, desserts, chocolates, breads, and savories. Founded in 2004 with its first store at Cusrow Baug, Colaba Causeway in Mumbai, Theobroma today has a presence across 41 cities. Guided by its mission to spread happiness by serving smiles on a plate, the brand continues to expand its footprint across the country.

Wellness Boosts Retention by 50% When Leadership Follows Through, Reveals Great Place To Work New Study

Mumbai, 17th April: Great Place To Work® India, the global authority on workplace culture, has released new research on employee health and wellness, pointing to a clear but often overlooked factor: how consistently leaders act on what they say.

The findings suggest that workplace well-being is shaped less by surface-level initiatives and more by everyday leadership behaviours. Employees who feel encouraged and supported in a meaningful way tend to perform better, stay longer, and contribute more actively within their organizations.

One of the more striking patterns in the study is the link between well-being and retention. Employees who experience wellness at work are nearly twice as likely to stay at their organisation and are far more inclined to participate in innovation-led efforts. Among all the factors analysed, the sense of “I can be myself here” stood out, accounting for 27% of the total impact on the overall wellness score. Leadership consistency, defined by whether managers’ actions align with their stated intent, contributed 13%, reinforcing the role of credibility in shaping employee experience.

However, the experience is not uniform across the workforce. Some groups appear to be feeling the gap more than others. Women reported a wellness score of 82%, and so did employees in the 2–5 year tenure bracket. Notably, the groups that reported lower well-being experience also demonstrated lower confidence in leadership follow-through, suggesting a direct relationship between leadership behaviour and how supported employees feel.

Commenting on the findings, Balbir Singh, CEO, Great Place To Work India, said, “The Great Place To Work Wellness IndexTM has improved from 83% to 85% this year, an encouraging sign that organisations are taking employee well-being seriously. Yet the gains remain uneven. Burnout, particularly among younger employees, continues to demand attention. Data shows that when employees experience low burnout, they are 12 times more likely to feel able to innovate. Well-being is not a benefit; it is the foundation of a high-trust, high-performance culture. I congratulate the winners of India's Best Workplaces in Health and Wellness 2026, who have demonstrated that prioritising people is the smartest business decision an organisation can make.”

Organizations recognized as Best Workplaces show a stronger performance across key indicators. About 86% of employees at Best Workplaces report a great wellness workplace. A similar trend appears in how employees approach their day, with 86% saying they look forward to work, versus 82% in other workplaces. Access to learning and development also remains higher, with 87% of employees in Best Workplaces reporting positively, compared to 82% in other workplaces.

The broader business implications of wellness are equally hard to ignore. Among employees who experience wellness at work, 94% say they intend to stay with their organization. In contrast, that number drops sharply to 44% among those who don’t. The same contrast is visible in discretionary effort, where 88% of employees experiencing wellness say they go above and beyond, compared to just 50% who do not experience wellness at the workplace.

Adaptability follows a similar pattern. Nearly all employees who report remarkably high wellness experience (94%) say they can adjust quickly to change, compared to 53% of those who do not experience wellness. Innovation, too, is affected, with 95% of employees who experience wellness say they contribute ideas, compared to 58% among their less engaged counterparts.

Taken together, the findings point to a simple but critical takeaway: improving employee wellness is not about adding more initiatives, but about strengthening consistency in leadership behaviour. Paying closer attention to groups that feel less supported and ensuring leaders deliver on their commitments can significantly shift how employees experience the workplace.

In doing so, organizations are not just improving well-being; they are creating conditions where people are more likely to stay, adapt, and contribute at a higher level.

The list is published as Top 10 India's Best Workplaces in Health & Wellness 2026: Companies that Care, followed by Top 11 to 50 in alphabetical order.

For the complete list of winners and their details, please visit: https://www.greatplacetowork.in/indias-best-workplaces-in-health-wellness/

Top 10:

Accenture Solutions Private Limited

Capgemini Technology Services India Limited

Digitide Solution Limited

Flipkart Group (Flipkart Internet Pvt. Ltd., Cleartrip, Flipkart Wholesale)

H & R Block (India) Private Limited

Hindalco Industries Limited

PGP Glass Private Limited

Quess Corp Limited

Ujjivan Small Finance Bank Limited

Uno Minda Group

11–50 (Alphabetical order)

Acquia India Private Limited

Altudo Consultancy Services Private Limited

Ascendion Engineering Private Limited

Awfis Space Solutions Limited

Axis Max Life Insurance Limited

BA Call Center India Private Limited

Bajaj Energy

Basware India Private Limited

CitiusTech Healthcare Technology Private Limited

Compass Group India (Compass India Food Services Pvt. Ltd. & Compass Group (India) Pvt. Ltd.)

DCB Bank Limited

Elsevier

Epsilon India Data and Digital Technology Solutions LLP

First American (India) Private Limited

Gainwell Commosales Private Limited

Glenmark Pharmaceuticals Limited

Grant Thornton Bharat and its affiliates

HashedIn Technologies Private Limited

Indegene Limited

Kohler India Corporation Private Limited

L&T Finance Limited

Lifestyle International Private Limited

Marriott Hotels India Private Limited

Muthoot Fincorp Limited

Nitor Infotech Private Limited, an Ascendion Company

Niva Bupa Health Insurance Company Limited

Novartis Healthcare Private Limited

PwC in India

Quantiphi Analytics Solutions Private Limited

Savills Property Services (India) Private Limited

Schneider Electric India Private Limited

Shriram Finance Limited

SUTHERLAND

Synchrony International Services Private Limited

Tata Communications Limited

Titan Company Limited

Truhome Finance Limited

TVS Credit Services Limited

Universal Sompo General Insurance Company Limited

Volkswagen Group Digital Solutions [India]

About Great Place To Work

As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List.

Follow Great Place To Work® on LinkedIn, X, and Instagram or visit greatplacetowork.in and sign up for the newsletter to learn more.

LIC of India introduces MyLIC App (for Customers) and Super Sales Saathi App (for Intermediaries).

Mumbai, April 15, 2026: Shri. M. Nagaraju, IAS, Secretary, Department of Financial Services, Ministry of Finance, launched the new LIC’s Customer App (MyLIC) and the mobile App for the sales intermediaries (LIC’s Super Sales Saathi) on 15th April, 2026 in the presence of CEO & MD Shri. R. Doraiswamy, Managing Directors Shri. Dinesh Pant, Shri. Ratnakar Patnaik, Shri. R. Chander and senior management of LIC of India at Mumbai. MyLIC is a next-generation mobile application, built to redefine the experience of how policyholders will manage their life insurance portfolio. Super Sales Saathi App is a next generation mobile application for LIC’s marketing personnel. These Apps have been designed with a user-first philosophy, bringing together intuitive design, powerful features, and cutting-edge technology to deliver a seamless, intelligent, and personalized 360 degree experience.

LIC of India’s next-generation digital Apps have been designed with a clear focus on transforming customer experience, empowering intermediaries, and modernizing internal operations. Built with advanced technologies, including AI, the Apps aim to deliver a seamless, secure, and fully integrated digital insurance ecosystem.

MyLIC App – Key Customer-Facing Capabilities

View and manage insurance portfolio at one place

Pay premiums instantly

Track policy Benefits in real time

Avail Paperless Policy Loan

Update Policies, online

Revive Lapsed Policies, online

Explore and Buy policies online – Simple, Fast and Digitally

Fast, Secure & Paperless e-KYC

Super Sales Saathi – Key Marketing-Focused Capabilities

Digital sales tools

Real-time policy status tracking

Automated reminders for follow-ups

Integrated communication with customers

AI-driven nudges for customer value enhancement

Digital sales kits and product explainers for on - the-go presentations

Performance dashboards to help intermediaries monitor targets and achievements

Both the above mobile Apps are delivered through LIC’s DIVE (Digital Innovation & Value Enhancement) digital transformation platform, designed to deliver a seamless, secure, and fully

integrated insurance experience for customers, intermediaries, and employees. These Apps enable policy management, premium payments, personalized product recommendations, and advanced intermediary productivity tools. DIVE represents a major strategic shift toward a modern, digital-first LIC, reducing office dependency and enhancing operational efficiency, pan-India.

Built for Today, Ready for Tomorrow

Shri. M. Nagaraju, Secretary, Department Of Financial Services, highlighted “LIC’s digital ecosystem is evolving from a set of service utilities into a strategic distribution and engagement platform. With over 260 million policies and India’s deepest insurance footprint, LIC’s mobile apps - MyLIC (customer-facing) and Super Sales Saathi (intermediary-facing) - are now central to delivering scale, service efficiency, and competitive parity in the life insurance market.”

Speaking at the launch, Shri. R. Doraiswamy, CEO & MD, LIC of India, said that “LIC’s mobile Apps are no longer support tools, they are strategic assets that shape customer experience and intermediary’s performance. These Apps scale adoption across customers and intermediaries, that will directly influence LIC’s growth, persistency, and operational efficiency. LIC’s continued investment in AI-driven insights, personalization, and ecosystem integrations will unlock the next wave of digital value.

Together, these Apps form a dual-engine digital model:

MyLIC → Customer self-service, transparency, and policy lifecycle management

Super Sales Saathi → Intermediary productivity, sales enablement, and field-force empowerment”

Life Insurance Corporation of India (LIC), the country’s largest life insurer, takes pride in announcing the launch of its new Customer App MyLIC and Super Sales Saathi App marking a major milestone in its digital transformation journey.

Nissan sets its long-term direction with the vision ‘Mobility Intelligence for Everyday Life'

AI-Defined Vehicles to reshape customer experience, targeting Nissan AI Drive technology adoption in 90% of future models

Product portfolio streamlined to 45 models, with more powertrain options enhancing customer choice

Global market strategy anchored around lead markets of Japan, U.S. and China to drive global scale and competitiveness

All-New X‑Trail / Rogue Hybrid e‑POWER & All-New JUKE EV, reflect future design, performance and experience

YOKOHAMA, Japan (14 April 2026): Nissan Motor Co., Ltd. today announced its long‑term vision, “Mobility Intelligence for Everyday Life,” defining a customer‑centric strategic direction. The vision integrates mobility intelligence into everyday life through Nissan’s focus on AI-Defined Vehicles (AIDV), offering a choice of electrification technologies to meet diverse customer and market needs.

 

Ivan Espinosa, President and CEO, said: “This is the right moment to articulate Nissan’s long‑term vision as we look beyond the Re:Nissan plan and set a clear path for the future. Our vision defines where Nissan is headed, with customer experience as our guiding priority. By advancing mobility intelligence, we will deliver products and technologies that are safer, more intuitive and more accessible with outstanding value and a more rewarding overall experience

 

As Nissan looks ahead, the Re:Nissan plan remains on track in its final year of execution, delivering a competitive cost base, improved capacity utilization, and strong new‑product momentum that lays the groundwork for future growth.

 

Nissan’s new long‑term direction, guided by its vision, is designed to drive sustainable competitive advantage across next‑generation technologies, a streamlined product portfolio, a redefined global market approach, and an industrial model organized around clearly defined vehicle families.

 

Next-Generation technologies: AI-led intelligence and Electrification

Artificial Intelligence is central to Nissan’s approach technology innovations, enabling the Nissan AIDV, which will combine Nissan AI Drive Technology and Nissan AI Partner technology to enhance mobility and optimize time spent in transit.

 

Building on real-world deployment of advanced driver assistance technologies, Nissan is integrating AI with vehicle control and safety systems.

 

Nissan aims to deploy Nissan AI Drive technology across 90 percent of its lineup over the long term.

 

The new Nissan Elgrand, scheduled for launch in summer 2026, will adopt next-generation ProPILOT with end-to-end autonomous capability by the end of fiscal 2027.

 

Alongside the introduction of Nissan AI Drive technology focused on advancing autonomous driving, the company will enhance the customer experience using Nissan AI Partner technology that connects intuitively to support everyday activities and integrate vehicle naturally into everyday life.

 

Nissan’s AI‑led experience and the next phase of autonomous mobility will be enabled by increasing electrification. Nissan’s breakthrough e‑POWER series hybrid technology is extending electrification adoption, providing a core platform that delivers electric‑like driving and creating a natural bridge to fully electric vehicles.

Alongside e‑POWER, Nissan will offer a broader range of electrified powertrains to meet diverse customer needs across global markets.

This diversified powertrain lineup includes a new hybrid electric vehicle system (HEV) for future frame‑based vehicles, serving customers requiring greater capability and long‑range confidence. Nissan will complete the spectrum of customer choice by offering plug‑in hybrid and range‑extender hybrid solutions through partnerships.

 

Streamlined product portfolio: Clarifying the role of each model

Nissan’s product strategy is built on clarity of role and faster development. The company will streamline its global lineup from 56 to 45 models, exiting low-performing models and reallocating reinvestment to growth areas. At the same time, Nissan will expand powertrain options for each model, giving customers more choice, increasing volume per model and strengthening our business foundation.

 

Models categorized by role

As part of its new portfolio approach, Nissan is focusing its model strategy around four categories:

Heartbeat: Models embodying Nissan’s identity, emotional value, and innovation;

Core: Models that sustain global business with scale and stability;

Growth: Models targeting expansion where demand is emerging;

Partner: Models that extend market coverage through disciplined collaboration.

The company today showcased models that embody the next steps from this strategic focus.

New X-Trail and Rogue Hybrid e-POWER: Global Core models featuring Nissan’s unique electric-motor-driven system that provides the efficiency of a strong hybrid with the spirited driving character provided by electric motors – all without needing to charge.

Juke EV: A Europe Core model that combines bold, distinctive design with full electrification and intelligent features.

Xterra: A Heartbeat model for the US, offering an adventurous spirit, body-on-frame strength and purpose-driven design.

Skyline: A Heartbeat model for Japan, delivering performance, precision and driver-focused character.

In the premium segment, INFINITI remains critical to Nissan’s product strategy. The brand will be revitalized through new and refreshed models, beginning with the all-new 2027 QX65 SUV this spring. This will be followed by four additional models: a new mid-size hybrid SUV, a performance-oriented V6 sedan and two frame-based hybrid SUVs.

Industrial Model

As part of the vision, Nissan is transforming its industrial model through the Nissan Product Family strategy.

 

This will move the company’s focus from model‑by‑model optimization to architecture‑led development built on shared vehicle platforms, powertrains and software platform.

Nissan will concentrate development around three product families that will account for more than 80 percent of global volume, increase volume per model by more than 30 percent while accelerating development speed and technology rollout.

 

By aligning product design and industrial execution from the start, Nissan strengthens quality, improves cost discipline, and enables faster, more competitive product launches at scale.

Redefined market approach

Nissan is evolving its global business strategy with redefined roles for its three lead markets: Japan, the US and China.

These three markets will play a dual role in its overall market strategy -- serving as pillars of performance while also acting as global drivers for competitiveness and industrial capability. Together, these markets anchor Nissan’s ability to scale innovation, tailor volume to demand and set standards for how to compete globally on speed, cost and consumer relevance.

 

Japan is Nissan’s home market and serves as the proving ground for advanced technologies. This includes the introduction of next‑generation ProPILOT and mobility services, while strengthening Nissan’s core model offerings. From FY2028 onward, Nissan will introduce a compact car series to further enhance the lineup, growing sales to 550,000 total annual volume by fiscal year 2030. In parallel, deeper engagement with younger customers will support renewed brand strength and long‑term relevance.

 

The U.S. will provide stable returns and a foundation for sustained growth, with an ambition to return to one million annual sales by fiscal 2030. The market strategy is centered on leadership in large vehicles and a strong manufacturing footprint supported by a high level of localization. Product competitiveness will be reinforced through the next‑generation Rogue Hybrid e‑POWER; a new family of all-new body‑on‑frame vehicles led by the return of Xterra that will feature both V6 and new V6‑hybrid powertrain options; and continued use of V6 engines in D‑segment SUVs where customer demand requires. EV investments will remain disciplined and responsive to consumer trends and policy evolution. INFINITI will be revitalized with new models offering, supporting both brand and margin growth.

 

China will serve as a source of development speed, cost efficiency and global exports. By strengthening its NEV lineup, Nissan will expand domestic sales while establishing exports as a strategic pillar. Our target is one million units sales by fiscal year 2030. Under this approach, the N7 will be exported to LATAM and ASEAN, while Frontier Pro will be supplied to LATAM, ASEAN and the Middle East, providing growth opportunities through additional electrified vehicle options. This dual role allows China to contribute simultaneously to local growth and global portfolio strength.

 

In addition, Nissan’s long-standing presence and brand strength in Mexico and the Middle East continue to deliver high value within the company’s global portfolio. Mexico is a core industrial and profitability anchor, driving scale expansion and earnings across the Americas and beyond through a strong industrial base and Nissan’s highest global market share. The Middle East remains a priority growth and profit market, fueled by exports from lead markets and a mix skewed toward large SUVs and premium segments where Nissan’s strength closely matches customer demand.

 

Beyond the lead markets, other markets including Europe, India and Africa will play a role in expanding Nissan’s reach and supporting overall growth. Together, they will form a cohesive market strategy aligned with Nissan’s product portfolio approach.

Summing up the vision, Espinosa concluded: “As we continue on our path to recovery, it is essential that Nissan demonstrates our relentless focus on serving the customer, seizing the opportunities provided by AI technologies, expanding electrification and driving innovation into our vehicles to deliver sustainable market growth.”

Nissan will provide a further update on its Re:Nissan progress when it reports full-year results in May and will announce further elements of the strategic direction later in the year.

 

 

West Asia Crisis: Indian Missions Playing a Key Role in Safety and Evacuation of Citizens

13th April, New Delhi– Amid the Iran–Israel conflict and rising regional tensions, the Indian Embassy in Tehran is playing a central role in ensuring the safety and evacuation of Indian citizens stranded there. According to recent reports, under “Operation Sindhu” and other evacuation efforts, the embassy has taken several significant steps to safely bring back thousands of Indians.

With Iranian airspace closed and limited flight availability, the embassy has coordinated with Armenia and Azerbaijan to arrange evacuations via land routes. Since the conflict began, more than 2,200 Indian nationals have reportedly been evacuated through these routes, including around 1,000 students and over 650 fishermen. External Affairs Minister Dr. S. Jaishankar stated on April 11 that an additional 312 Indian fishermen had been safely evacuated from Iran.

In a post on social media platform X, the Minister wrote, “Another 312 Indian fishermen safely evacuated from Iran to India through Armenia. Thank the Government of Armenia and my friend Ararat Mirzoyan for making this possible.” Additionally, during his UAE visit on April 12, Dr. Jaishankar met President Mohamed bin Zayed and expressed gratitude for ensuring the safety and well-being of the Indian community during the ongoing conflict. Earlier, on April 5, 345 Indian fishermen stranded in Iran were safely brought to Chennai via Armenia.

Despite the closure of air routes, India’s Ministry of External Affairs and the Indian Embassy in Tehran have made every possible effort to assist distressed citizens, and the phased evacuation of Indians continues in batches.

According to media reports, many of those recently evacuated via Armenia are fishermen from Tamil Nadu’s districts of Kanyakumari, Thoothukudi, Tirunelveli, and Nagapattinam. After returning home, the fishermen described their journey back from war-hit Iran as being like receiving a “second life.” They also expressed gratitude to the Ministry of External Affairs and Indian missions for their safe return.

It is worth noting that as soon as the conflict began in West Asia, Indian missions across the region went on high alert. They have been continuously issuing advisories in the interest of Indian citizens, urging them to stay in touch with the embassy and seek guidance before heading toward any international border. Despite efforts toward ceasefire and peace talks, the situation in the region remains tense, and the Government of India is prioritizing the 

Citius TransNet Investment Trust’s issue to open on, April 17, 2026, price band set at ₹ 99– ₹ 100 per Unit

Price band of ₹ 99 – ₹ 100 per Unit 

Bid/Issue Opening Date –April 17, 2026 and Bid/Issue Closing Date – April 21, 2026.

 

Minimum Bid Lot is 150 Units and in multiples of 150 Units thereafter

Mumbai, April 13, 2026: Citius TransNet Investment Trust has fixed the price band of ₹ 99 – ₹ 100 per Unit for its Issue. The Issue of the Trust will open on April 17, 2026 for subscription and close on April 21, 2026. 

The Gross Proceeds of the Issue are estimated to be ₹ 11,050.00 million. Out of the Net Proceeds from the Issue, up to ₹ 10,000.00 million is proposed to be utilized for partial or full acquisition (or as applicable, redemption) of securities of SRPL Roads Private Limited and certain identified project SPVs namely, Thrissur Expressway Limited, Jorabat Shillong Expressway Limited, Dhola Infra Projects Private Limited and Dibang Infra Projects Private Limited, and the balance for general purposes.

Citius TransNet Investment Trust (“Trust”), is a transport sector-focused infrastructure investment trust (“InvIT”), established with an objective to acquire, manage and invest in a portfolio of transport infrastructure assets, including roads, in India. It was settled by way of the Trust Deed, by the Sponsor, and registered as an InvIT with SEBI on August 1, 2025, in accordance with the provisions of the InvIT Regulations. 

The sponsor of the Trust is Epic TransNet Infrastructure Private Limited (formerly known as Watrak Infrastructure Private Limited) ( “Sponsor”). The Sponsor is wholly-owned by the schemes of Infrastructure Yield Trust (that is, Infrastructure Yield Plus II, Infrastructure Yield Plus IIA and India Infrastructure Yield Plus II), an alternate investment fund managed by EAAA India Alternatives Limited (“EAAA”). 

Our sponsor group comprises the Sponsor, Infrastructure Yield Trust (through its schemes Infrastructure Yield Plus II, Infrastructure Yield Plus IIA and India Infrastructure Yield Plus II), Epic Transnet Project Management Private Limited (formerly known as Chennai-Tada Tollway Private Limited) (“Project Manager”), and Neelambur Madukkarai Tollway Private Limited.

The investment manager of the Trust is EAAA TransInfra Managers Limited (“Investment Manager”). The Investment Manager is a wholly-owned subsidiary of EAAA. 

The Trust’s revenue from operations increased to ₹ 19,870.46 million during the Financial Year 2025 from ₹ 17,735.16 million during the Financial Year 2023. Its net cash flow from operating activities increased to ₹ 10,449.52 million during the Financial Year 2025 from ₹ 9,079.25 million during the Financial Year 2023. The Trust’s revenue from operations was ₹ 14,963.64 million and the net cash flow from operating activities was ₹ 7,820.15 million for the nine months ended December 31, 2025. Furthermore, the adjusted enterprise value of the Project SPVs is approximately ₹ 120,588 million as on December 31, 2025. 

Subject to completion of the formation transactions, its initial portfolio of road assets will comprise 10 toll and annuity projects, together with the relevant project special purpose vehicles ( “Project SPVs”) through which they are held, and Epic Concesiones 3 Private Limited and SRPL, the holding companies of all Project SPVs (the “HoldCos”, and together with Project SPVs, “Initial Portfolio Assets”), except for one Project SPV, Thrissur Expressway Limited, which will be held directly by the Trust. The Initial Portfolio Assets comprise a total of 3,406.71 lane-kms (seven toll assets spanning more than 3,043.22 lane-kms, and three annuity assets spanning more than 363.49 lane-kms) across nine different Indian states as of the date of the Offer Document.

The Trust has a large and well-dispersed portfolio of Project SPVs with toll and annuity assets contributing 82.30% and 17.70% towards its total cash revenue receipts for the Financial Year 2025, respectively, with a long operating history (10.13 years for the toll assets), and residual concession life (weighted average residual life by enterprise value weight of 12.93 years for toll assets) as of December 31, 2025, and proven track record of traffic growth (AUM weighted annual average daily traffic PCU growth of 7.10%, excluding Panipat Elevated Corridor Private Limited on account of its short residual life) between the Financial Year 2023 and 2025 –as per the CRISIL Report. The Trust believes that the Project SPVs have a strong operational history as four of its toll assets have a tolling history of more than 12 years and two of its other toll assets have been collecting toll for over 5 years. 

The Trust will have assets which are strategically located across geographically diverse clusters (across 9 different states, situated near major economic corridors (mining, ports, industrial belt), handling diverse industry and commodity mix, with 63.17% of toll collection is from the assets located in the top 5 GST ranked states as well as from the top 5 per capita NSDP states as per the CRISIL Report. Further, freight vehicles contribute nearly 74% of the toll collection as per the Traffic Reports.

The Trust has a strategic expansion strategy over the next few years. The Trust has entered into right of first offer agreement (“ROFO Agreement”) for acquisition of 11 NHAI hybrid annuity model (“HAM”) assets, held or to be acquired by the EAAA platform, In the event that all 11 Identified ROFO Assets are successfully acquired by us in terms of the ROFO Agreement, our total portfolio shall comprise of 21 roads assets representing approximately 5,773 lane-kms across 12 different states. 

Further, out of the 11 HAM assets, 10 have either received the provisional commercial operations or the commercial operations date as on the date of the Offer Document. For the Financial Year 2025, the 10 operational Identified ROFO Assets generated an annuity and interest on unpaid annuity of ₹ 8,900.00 million.   

For the Financial Year 2025, the toll collection(net of revenue share) and the HAM (including all operational ROFO Assets under the HAM framework but excluding the operation and maintenance component of the payments under the respective contracts) and annuity receipts without GST would constitute 56.05% and 43.95% respectively of the combined cash revenue receipts of the Initial Portfolio Assets and all 10 operational Identified ROFO Assets as per the CRISIL Report. 

The Trust has experienced team with full spectrum asset management and maintenance capabilities, spanning the entire asset life cycle, backed by tech-enabled operations and maintenance. A combination of the in-house asset management expertise of 350 professionals employed by the Project Manager and Initial Portfolio Assets as of December 31, 2025. Collaborations with premier institutions, including IITs and Central Road Research Institute to introduce and develop new technologies and innovative solutions, strengthening operational efficiency and promoting continuous improvement in O&M practices. The Trust also has an in-house research and development laboratory located in the industrial area of Turbhe, Navi Mumbai. 

The Project SPVs has received 28 awards, recognitions and accreditations for a wide range of achievements, including operational excellence, construction innovation, O&M practices, health and safety, environmental management and social impact.

The skilled and experienced management team in the Investment Manager and Project Manager, along with the EAAA platform have a strong focus on corporate governance and capital management. EAAA operates a diversified, multi-strategy platform, in large, under-tapped and fast-growing alternative asset classes, focusing on providing income and yield solutions to a diverse client base, including, global pension funds, insurance companies and ultra-high net worth individuals. It is supported by an asset management team of 61 members and 80 investment professionals as of December 31, 2025. As of March 31, 2025, EAAA managed three out of the 16 funds focused on infrastructure investments and ranks third among infrastructure investment managers by total assets under management as per the CRISIL Report. 

The EAAA platform, the Sponsor and members of the Sponsor Group, have experience in managing and operating road, renewable, and transmission infrastructure assets, with an established governance framework that guides investment and asset management practices.

Further, the EAAA platform offers strong and differentiated asset acquisition capability (which includes 32 assets acquired and have entered into binding agreements for six Identified ROFO Assets, between the Financial Years 2018 and Financial Year 2025, through multiple acquisition strategies), and investment capabilities. Separately, the EAAA platform has set up, and continues to manage, operate and grow the AnZen India Energy Yield Plus Trust, an energy-focused InvIT since 2022.

EAAA is one of the leading alternatives platforms in India, in terms of assets under management with more than 15 years of experience and managed an AUM of ₹‎681.75 billion as of December 31, 2025. EAAA operates a diversified, multi-strategy platform, in large, under-tapped and fast-growing alternative asset classes, focusing on providing income and yield solutions to clients. EAAA’s total AUM has nearly doubled since Financial Year 2022, from ₹306.37 billion to ₹596.29 billion for Financial Year 2025. As of September 30, 2025, approximately 50% of the AUM was contributed by institutional clients, including pension funds and insurance companies, which are considered long-term and patient capital, while the balance was contributed by UHNIs/HNIs and family offices.  

 

India’s transport sector is entering a pivotal phase of expansion, driven by sustained public investment, rising private participation, and a policy focus on integrated connectivity. Between Financial Year 2025 and Financial Year 2031, of the total investment potential across the transport infrastructure, roads are expected to attract the largest share at ₹ 33-35 trillion, followed by ₹3-3.5 trillion in metro rail, ₹2-3 trillion in logistics infrastructure, ₹1-1.5 trillion in ropeways, and ₹1-1.2 trillion in airports. The Trust, through its Investment Manager, intends to capitalize on opportunities in the transport sector including roads, to acquire road and other transport related projects in India that provide attractive cash flows and yields.

Axis Capital, Ambit Private Limited and ICICI Securities are the book running lead managers, and Kfin Technologies Limited is the registrar of the Issue. The units are proposed to be listed on BSE and NSE.

Citius TransNet Investment Trust is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an offer of its Units and has filed an Offer Document  dated  April 8, 2026 read together with the Notice to Investors dated April 11, 2026 (the “Offer Document”),  with the SEBI and Stock Exchanges. The Offer Document is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., https://www.axiscapital.co.in/, https://www.ambit.co/ and https://www.icicisecurities.com/,   the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Trust at https://www.citiustransnet.in/.  Any potential investor should note that investment in units involves a high degree of risk and for details relating to such risks, please see the section “Risk. Factors” beginning on page 64 of the Offer Document. 

The Units have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended, (“Securities Act”), or any other applicable state securities laws of the United States and, unless so registered, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Units are being offered and sold outside the United States in “offshore transactions”, as defined in and in reliance on Regulation S, in each case in compliance with the applicable law of the jurisdictions where those offers and sales occur. The Units are transferable only in accordance with the restrictions described under the section “Selling and Transfer Restrictions” on page 459 of the Offer Document. 

Disclaimer Clause of SEBI:  SEBI only gives its observations on the offer documents and this does not constitute approval of either the Issue or the specified securities stated in the Offer Documents. The investors are advised to refer to page 1 of the Offer Document for the full text of the disclaimer clause of SEBI.

Disclaimer Clause of BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the Offer Document has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to page 1 of the Offer Document for the full text of the disclaimer clause of BSE.

Disclaimer Clause of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to page 1 of the Offer Document for the full text of the disclaimer clause of NSE.

Pawsitive Spending on the Rise: Inside India’s Growing Pet Care Economy

 

 

~Driven by Gen Z and millennials, pet care on Flipkart is witnessing 50%+ Y-o-Y growth, a shift towards wellness, premiumisation and everyday engagement

 

Bengaluru - April 10, 2026: Pets are loved, cared for, and nurtured like family in households today. This deep emotional bond is fuelling the rise of ‘pet parents’ across India. This shift is not just emotional, but also reflected in how people shop, spend, and prioritise their pets’ wellbeing in everyday life. According to an IBEF report on India’s pet care industry, the sector is witnessing nearly 20% growth, driven by rising disposable incomes, urban lifestyles, and a stronger focus on pet wellbeing. On Flipkart, this evolution is visible in a growing, lifestyle-led approach to pet care, with the category witnessing a 50%+ y-o-y growth. From dogs and cats to fish, birds and other pets, consumers are turning to the platform as a go-to destination for daily essentials to premium specialised products.

 

Pet care shopping has moved beyond food and hygiene to include a more thoughtful mix of nutrition, grooming, wellness and enrichment. A new generation of pet parents is driving this change. Gen Z and millennial consumers today account for 80%+ of overall demand on Flipkart, bringing with them a more informed and evolved approach to pet care. Cities such as Bangalore, Delhi and Kolkata are emerging as key demand centres, collectively contributing to 10% of total pet care orders, while non-metro cities like Mysore, Dehradun and Cuttack continue to see steady adoption as pet ownership expands beyond metros.

 

Nutrition is at the heart of this shift. There is a clear move towards clean-label, breed-specific and fortified pet food, which has witnessed 40%+ growth as consumers seek healthier and more tailored options for their pets. Alongside this, preventive care is becoming part of regular routines, with rising demand for products like grooming essentials and calming products such as Trimmers & Pet Health Supplements that support overall well-being. Playtime, too, is being reimagined. Pet toys have seen a 50% y-o-y increase in demand for chew toys, chase toys, training aids, collars and interactive accessories that keep pets active and mentally stimulated. At the same time, pets are increasingly becoming part of celebrations and everyday moments, reflected in the rise of accessories, apparel and occasion-led purchases.

 

Pets today play a deeply emotional role in people’s lives, with their companionship, playfulness and quiet comfort becoming part of their daily routines. This connection is shaping how pet parents make shopping choices, with a stronger focus on comfort, care and overall wellbeing. At Flipkart, this is translating into a growing ecosystem that makes caring for pets simpler, more accessible and deeply personal.

 

ICMAI to Host National Seminar on Cost Audit, Spotlighting Its Role in Building a Viksit Bharat

# Theme “Value, Vishwas and Vision” to Drive Dialogue on Transparency, Growth and Governance

Mumbai, 9 April 2026:

The Institute of Cost Accountants of India (ICMAI) is set to host a National Seminar on Cost Audit on Friday, April 10, 2026, at the Yashwantrao Chavan Centre, Nariman Point, Mumbai. Centered around the theme “Cost Audit for Viksit Bharat: Value, Vishwas and Vision,” the seminar aims to bring together eminent policymakers, industry leaders, and professionals to deliberate on the evolving significance of cost audit in strengthening India’s economic framework and advancing its aspiration of becoming a developed nation.

The seminar will be graced by Shri Jishnu Dev Varma, Hon’ble Governor of Maharashtra, as the Chief Guest. The event will also witness the presence of distinguished Guests of Honour, including Dr. Ramakanta Panda, Managing Director of Asian Heart Institute & Research Centre; Dr. Rahul Mirchandani, Chairman & Managing Director of Aries Agro Limited; and Dr. Vijay Satbir Singh, IAS (Retd.), Former Chief Secretary, Government of Maharashtra. 

Their participation highlights the growing importance of cost audit as a critical pillar of governance, financial prudence, and national development.

An impressive lineup of thought leaders and domain experts will enrich the seminar through insightful deliberations. The speakers include CMA Praveen Nigam, Executive Director (F&A) at SAIL – Bhilai Steel Plant; CMA Ashu Mathur, Former Chief Advisor (Cost), Ministry of Finance, Government of India; Dr. Nitin Kareer, IAS (Retd.), Former Chief Secretary, Government of Maharashtra; Shri Dinesh Kumar Khara, Former Chairman of State Bank of India; CMA Asim Kumar Mukhopadhyay, Managing Director & Founder of NAVTOM Consulting Pvt. Ltd.; and CMA Parvathy Venkatesh, Practicing Cost Accountant. 

These experts will share perspectives on emerging challenges, regulatory developments, and best practices shaping the future of cost audit and cost accounting.

The seminar will underscore the strategic role of cost audit in enhancing transparency, driving operational efficiency, and fostering Vishwas (trust) among stakeholders. It will further emphasize its contribution to value creation and its alignment with the broader national vision of Viksit Bharat. The platform will also facilitate meaningful discussions on emerging trends and the evolving trajectory of the CMA profession in a dynamic economic landscape.

The event is expected to witness participation from over 500 delegates representing the corporate sector, industry associations, government bodies, regulatory authorities, financial institutions, and professional organizations, including practicing CMAs.

This national seminar is poised to serve as a vital platform for knowledge exchange, collaboration, and innovation, reinforcing the pivotal role of cost audit in India’s journey toward sustainable, inclusive, and resilient growth.