Archives May 2025

Mumbai – 09^th May 2025 – Motherson Sumi Wiring India Limited (MSWIL) announced its financial results for the fiscal year 2024-25 fourth quarter and full financial year, which ended on 31st March 2025.

Mr. Vivek Chaand Sehgal, Chairman, Motherson Sumi Wiring India Ltd., said,“The company has delivered robust performance this quarter, with revenue growth surpassing industry averages. While maintaining a debt-free status and a strong focus on enhancing our operational efficiencies, we are investing in expanding our capacities. This will allow us to scale production to meet our customers’ evolving requirements for current and future ICE and EV programs.   I sincerely thank our customers for their continuous support.  Also, I would like to thank our employees for their hard work, unwavering dedication, and commitment to excellence.”

Key Highlights

• Best-ever quarterly and yearly performance for Revenue and EBITDA.
• The company achieved a 7.1% YoY revenue growth during Q4FY25 and 8.8% on a full-year basis, outpacing industry volume growth.
• One of the three Greenfields has started production this year, whilst the other two are in different stages of completion and remain on track for the start of production.
• EV share of Revenues is 4% for Q4FY25.
• 42% ROCE for the FY25 consistently above 40% Target.

One of India’s fastest-growing lab-grown diamond jewelry brands, Craftier, is paying a dazzling tribute to mothers with a sparkling new collection called Crafted With Purpose, Given With Love. Specially designed for the Gen Z Supermom, this collection is a subtle mix of ethical luxury, timeless design, and everyday wearability. A priceless emotional expression from child to mother, this collection is an honour to their brave, brilliant, and purpose-oriented life.

Craftier continues to go on its revolutionary journey in the world of fine jewelry by making sure every fine thing comes with an unmistakable countenance of sustainability and transparency. Each piece in this unique Mother’s Day collection is studded with not just 100% lab-grown diamonds but also exceptional brilliance and an environment-friendly footprint. This collection is tailored specifically for the Gen Z mom who believes in conscious lifestyles but does not want to compromise on aspirations.

This new-age supermom is worthy of jewelry that bears witness to her strength and spirit as she balances her career and side hustle or nurtures a creative passion while parenting with grace. The collection includes elegant pendants, bracelets, rings, studs, earrings, bangles, and nose pins designed for easy wear, layered for impact, or cherished alone as a statement.

Mother’s Day collection by Craftier is all about personal luxury. Customers can customize each piece in yellow, white, or rose gold to match their mother’s unique persona. Every jewelry piece boasts genuine brilliance, with all diamonds of 1.00 carat and above being IGI certified for unparalleled quality and authenticity. Besides, Craftier offers a Lifetime Exchange and Buyback Policy for added convenience, through which customers may upgrade their jewelry at their convenience using Craftier Credits at current market value (valid for 365 days) or request a full refund at current market rates, either in-store credit or to be refunded back to their original mode of payment.

“This collection is an emotional tribute to mothers who are defying the norms and building a legacy. Women who love to decode themselves as bold, self-aware, and aesthetically down-to-earth,” said Mr Achal Gupta, Founder of Craftier. “Each piece is a sincere expression meant to resonate with a generation that values purpose every bit as much as it does sparkle.“

Diamonds by Craftier are made using advanced technologies that reflect a natural process without the environmental or ethical cost of traditional mining and just like the Gen Z supermom; they shine with a brilliance deeply rooted in their resilience. The brand is all set to celebrate perhaps your first role model; of course, your mother, who’s forever effortless and focus-driven. Available at all flagship boutiques of Craftier, including PLA Market in Hisar, Elan Miracle in Gurugram, and Spectrum Metro Mall in Noida, the “Crafted With Purpose, Given With Love” collection comes with customized packaging options.

Thiruvananthapuram, 9^th May 2025 – On the occasion of Victory Day, Russian House in Trivandrum, with support of Rosatom, organised a series of celebratory events, including the Russian Film Festival, to honour the sacrifices of World War II veterans and highlight the importance of preserving historical memory. The multi-day programme brought together dignitaries, historians, students, and residents through film screenings, seminars, exhibitions, and a special closing reception.

The commemorative activities culminated on May 8 with a solemn parade featuring an 80-metre-long St. George Ribbon, held at Svyatoslav Roerich Street and Shangumugham Beach. The walk symbolised remembrance and gratitude, and saw participation from over 80 attendees, including Russian and Indian residents, students, and members of the local community.

In addition, participants of the “Garden of Memory” campaign in India, including those working on the Kudankulam Nuclear Power Plant project, took part in the Parade as part of the broader Victory Festival, held in Thiruvananthapuram from April 30 to May 8.

“Today is filled with deep meaning and emotion. Together, we carried the 80-metre St. George Ribbon as an expression of our shared memory, gratitude, and respect for those who defended peace at great cost,” said Anton Chistyakov, Deputy Director and Head of Construction at the Kudankulam Nuclear Power Plant site, JSC ASE. “We are united by timeless values — peace, courage, and loyalty to our roots. It is inspiring to see how, even far from home, people’s hearts still resonate with the feat and heroism of the Great Victory.”

In the evening, the Closing Reception took place at S P Grand Days Hotel, attended by senior dignitaries, political leaders, scholars, and Russian compatriots.

The ceremony was graced by Mr. T.K.A. Nair (Ayyappan Kutty Nair), former Principal Secretary to the Prime Minister of India, who reflected on the lasting global significance of the victory in World War II. “The victory in World War II was not only a triumph over tyranny but also a turning point for many nations striving for freedom and equality. It reminds us of the importance of solidarity and the sacrifices made for peace. The long-standing friendly relations between India and Russia (formerly the Soviet Union) have also continued as a strategic partnership between our nations,” Mr. Nair said.

The event also featured remarks by eminent historians and members of the Indo-Russian Council for History, followed by the screening of the documentary “The Eastern Front: The Unknown War.”

Ratheesh Nair, Director, Russian House, Trivandrum, highlighted the festival’s role in preserving historical memory. “For 25 years, the Russian House in Trivandrum has been organising various events dedicated to May 9, including exhibitions, seminars, and meetings. In 2022, we thought about how to preserve the memory of the immense contribution of the Soviet people to Victory and global peace. That year, 77 people gathered to unfurl a 77-metre ribbon on the streets of the Indian city to mark the anniversary of Victory. In subsequent years, this tradition continued with a 78-metre and then a 79-metre ribbon. This year, during what has become a traditional march in Trivandrum, we unfurled an 80-metre ribbon. This event allows us to preserve the memory of those who truly secured victory in that war, enabling not only the Russian people but also all other nations to achieve lasting peace.”

The Victory Day celebrations and Parade reaffirmed the significance of World War II and the value of peace, reinforcing Rosatom’s dedication to cultural and educational outreach across borders. 

By Sanjay Agarwal, Senior Director, CareEdge Ratings

‘The mutual fund industry’s assets under management increased by 6.47% m-o-m to Rs.70 lakh crore buoyed by inflows in debt as well as equity mutual funds despite market volatility due to various macro-economic factors and geopolitical events.

 The growth in debt fund net inflows was at the shorter end of the curve as over 96% of the inflows were in the overnight, liquid, ultra short duration, low duration, and money market funds. These debt inflows have followed historical trends after last month’s quarter end outflows. Meanwhile credit risk funds have continued to witness steady net outflows for over three years. Net equity inflows have remained positive for the last 50 months, witnessing Rs 0.24 lakh crore net inflows in April 2025 with all equity categories registering net inflows for the month apart from ELSS funds. However, net inflows declined by 3% sequential compared to March 2025. Large cap funds bucked this trend recording higher sequential inflows for April 2025. Other ETFs also witnessed a 50-month high inflows of over Rs 0.19 lakh crores. Additionally, during April 2025, 7 open-ended NFOs were floated which collectively mobilised Rs.0.03 lakh crore with index funds accounting for 49% share.

Given the ongoing international trade tariffs negotiations, the interest rate scenario, geopolitical tensions between India and Pakistan, concerns about the outlook for global economic growth, investors’ willingness to invest in such conditions will be a key monitorable for the next two to three months.’’

By Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP

“The latest AMFI data reveals a strategic rotation in investor preferences amid heightened global volatility. Equity mutual fund inflows moderated marginally to Rs 24,269 crore in April, reflecting a pause after sustained equity appetite. Notably, SIP contributions in April reverted to pre-September 2024 levels, indicating cautious investor sentiment driven by high market valuations, geopolitical uncertainties, and a seasonal tax-cycle reset. Despite this, small-cap and sectoral/thematic funds continued to draw strong inflows, suggesting selective high-conviction positioning. On the debt side, the sharp reversal—with Rs 2.19 lakh crore inflows following steep March outflows—signals a flight to safety and a strategic duration call ahead of expected rate easing. Liquid fund inflows of Rs 1.18 lakh crore further highlight demand for capital preservation. These trends underscore a more tactical and risk-calibrated approach as investors navigate global uncertainties and seek to balance growth with downside protection.”

“Manipal Hospital Malleshwaram’s advanced CATH Lab reminds us how a healthy community is an integral part of our lives.” Dr. Ashwath Narayan C N, MLA, Malleshwaram, Former DCM, Karnataka stated. “With the aim to build a community that has accessibility to the best facilities, we want to take every step required for the elderly in Bengaluru.”

Dr. H Sudarshan Ballal, Chairman – Manipal Hospitals noted, “Our aim has always been to cater to every individual with proper diagnosis and timely interventions. Patient satisfaction with their requirements drives us to take more such initiatives.”

Mumbai, 9 May, 2025 —Remlife Global PTE LTD., a Singapore-based subsidiary of BSE-listed Remedium Lifecare Ltd. (India), is pleased to announce a forward-looking partnership with JiyaYu Lifesciences PTE Ltd., a green chemistry technology platform company. This collaboration is focused on replacing animal-origin raw materials in the manufacturing of active pharmaceutical ingredients (APIs) and advanced intermediates through proprietary fermentation and biocatalyst-based alternatives.

As part of the partnership, JiyaYu will license out fully developed and scalable technologies to Remlife Global on an exclusive basis. These technologies are designed to replace traditional animal-derived steps with sustainable, cost-effective, and regulatory- compliant bioprocesses. Remlife Global will scale up and commercialise these technologies at one or more GMP-compliant contract manufacturing sites across India, Singapore, Malta, Ireland, Belgium, and Italy.

JiyaYu Lifesciences has in turn partnered with a UK-based R&D technology platform specialising in the development of fermentation and biocatalyst- based alternatives to animal-origin pharmaceutical inputs. Through this collaboration, JiyaYu gains access to cutting-edge innovations that it will transfer to Remlife Global as fully scalable technologies.

Each technology will be supported by detailed process dossiers and full technology transfer documents, enabling Remlife Global to implement, validate, and scale up the processes at approved GMP manufacturing sites.

These solutions will support Remlife Global’s vision of eliminating dependence on vulnerable and ethically complex supply chains, while capturing new commercial opportunities in global regulated markets.

“Our collaboration with JiyaYu Lifesciences is a transformative move toward building a more ethical, resilient, and sustainable pharmaceutical supply chain.” said Adarsh Munjal.

Financial Outlook

Each technology platform has a minimum commercial potential of ₹50 crore per product, with EBITDA margins estimated between 20% to 25%. Assuming a scale-up of two products per year, cumulative revenue and EBITDA could grow substantially:

–  FY26: 2 products | ₹100 Cr revenue | ₹20–25 Cr EBITDA

–  FY27: 4 products | ₹200 Cr revenue | ₹40–50 Cr EBITDA

Moving Beyond Animal-Based Inputs

Remlife Global’s strategic direction is anchored in the belief that the future of pharmaceuticals lies in sustainable, animal-free production. Key reasons for this shift include:

–    Ethical and ESG Alignment: Modern pharmaceutical companies are under growing pressure to remove animal-based components from their supply chains.

–   Safety & Quality Control: Fermentation and biocatalyst-based systems offer superior consistency and eliminate the risk of contamination from animal-borne pathogens.

–    Supply Chain Resilience: Diseases, regulatory shifts, and geopolitical volatility all threaten the availability of animal-derived inputs.

–    Environmental Benefits: Traditional animal-derived raw materials are linked to high emissions, land use, and water consumption.

–   Industry Momentum: Leading global pharma firms are rapidly adopting bio-based and cruelty-free technologies in their development pipelines.