Archives February 2026

Hyderabad, Feb  09: Kapston Services Ltd, an end-to-end manpower solutions provider, has announced its financial results for the third quarter and nine months ended December 31, 2025 (Q3 & 9MFY26), reporting robust growth across revenue, profitability and margins.

Financial Highlights

Q3 FY26 Performance (YoY):

• Total Revenue: ₹212.85 crore, up 10.86% from ₹182.77 crore in Q3 FY25
• EBITDA: ₹11.42 crore, up 36.77% from ₹8.35 crore
• Profit After Tax (PAT): ₹7.43 crore, up 64.02% from ₹4.53 crore

9M FY26 Performance (YoY):

• Total Revenue: ₹615.42 crore, up 21.92% from ₹504.76 crore in 9M FY25
• EBITDA: ₹31.71 crore, up 41.06% from ₹22.48 crore
• Net Profit: ₹20.61 crore, up 74.96% from ₹11.78 crore

Bonus Issue Recommendation

The Board of Directors has recommended the issue of bonus shares in the ratio of 1:2, subject to approval by shareholders.

Management Commentary

Commenting on the performance, Mr. Srikanth Kodali, Managing Director, Kapston Services Ltd, said:

“We are delighted to report a strong set of growth numbers across both revenue and profitability. Our overall profit margins have improved by more than 100 basis points during the nine-month period, driven by increasing business from new geographies.

The company’s strategic expansion into new regions over the past two years is now delivering results through improved scale and cost efficiencies. Additionally, the increased cash flows generated during the current year will support further expansion into newer geographies.

Client additions during the quarter and over the last nine months have been strong, and we continue to onboard marquee clients across sectors.”

Kapston Services Ltd remains focused on sustainable growth, operational efficiency, and geographic expansion, strengthening its position as a leading manpower solutions provider in India.

NEW YORK and NOIDA, India, Feb 9: HCLTech, has been named to Fortune magazine’s 2026 World’s Most Admired Companies list, recognizing its consistent performance, technology-led innovation and commitment to long-term value creation for clients, employees and stakeholders.

“This recognition reflects the trust our people earn every day from clients and partners,” said C. Vijayakumar, CEO and Managing Director of HCLTech. “It underscores the strength of our purpose— bringing together the best of technology and our people. As the technology landscape evolves, we remain focused on delivering meaningful, AI-driven outcomes while creating a positive impact for our clients, our people, our communities, and the planet.”

“Fortune is proud to celebrate the companies on this year’s World’s Most Admired Companies list; they have set the bar for real innovation, resilient leadership and global impact,” said Alyson Shontell, Fortune’s Editor in Chief and Chief Content Officer. “As rapidly advancing technologies such as AI transform entire industries, these organizations stand out for their ability to evolve with purpose and foresight, consistently shaping the path forward for global business, and the future of how we work and lead.”

The annual list is based on a survey of more than 3,000 executives, board members and analysts, evaluating companies across nine key parameters, including quality of management, innovation, global competitiveness, talent attraction and social responsibility. HCLTech was recognized as a Most Admired company in IT services, reflecting the high ratings it received from clients and industry partners.

Feb 09: Motorica, a leading MedTech company specializing in assistive technologies and medical cybernetics, participated in the 29th National Conference of the Orthotics and Prosthetics Association of India OPAI, held at the Pandit Deendayal Upadhyay Auditorium in Ahmedabad. The three day national conference aims to highlight the growing importance of innovation and collaboration within India’s assistive technology ecosystem.

The conference brought together prosthetists, orthotists, clinicians, rehabilitation specialists, researchers and technology providers from India and overseas to discuss the future of orthotic and prosthetic care, with a focus on digital technologies, clinical outcomes and accessibility across diverse healthcare settings. As part of its participation, Motorica India showcased its portfolio of advanced prosthetic solutions aimed at improving mobility, independence and quality of life for individuals with limb loss. The company presented real world case studies from metro, tier two and tier three regions, demonstrating how reliable prosthetic solutions can significantly enhance daily functionality and long term rehabilitation outcomes.

Motorica also presented an overview of its Premium Educational Program at its booth, a structured professional training initiative launched in Russia to develop specialised prosthetics engineers for upper and lower limb solutions. The program integrates online theoretical learning with intensive hands-on clinical and manufacturing exposure, reflecting Motorica’s long term commitment to strengthening clinical education and skill development globally.

Commenting on the participation, Mr. Kavinder Beniwal, Chief Operating Officer, Motorica India, said,

“Our presence at the OPAI National Conference reflects Motorica India’s commitment to advancing prosthetic care through innovation and clinical collaboration. As we expand our footprint across the country, our focus remains on improving access to advanced and reliable prosthetic solutions while contributing to stronger mobility outcomes for individuals with limb loss.”

Motorica’s clinical expertise was further highlighted on the inaugural day through a dedicated session by Dr. Andrey Shumaev, Director of Rehabilitation at Motorica, titled Reactivating the Brain Body Connection: The PNF Reboot in Upper Limb Rehabilitation. Part of the key speaker program, the session focused on structured neurorehabilitation approaches that support effective prosthetic adaptation and long term functional recovery.

The inaugural day agenda also included expert led discussions on low cost neurorehabilitation technologies for emerging markets, the future of digital prosthetics, the role of digital manufacturing and three dimensional printing in orthotics and prosthetics, and long term clinical outcomes of advanced bracing systems in India. In addition, Motorica India conducted a specialised masterclass led by Dr. Shumaev, focusing on real life rehabilitation scenarios and personalised therapy programs before and after prosthetic fitting.

Sharing his perspective Dr. Andrey Shumaev, Director of Rehabilitation at Motorica said,

 “India is at a pivotal stage in the evolution of prosthetic and rehabilitation care. Platforms such as the OPAI National Conference enable meaningful exchange between clinicians and technology providers, which is essential for improving real world patient outcomes. At Motorica, we combine advanced prosthetic technologies with structured rehabilitation frameworks to help individuals with limb loss regain confidence, functionality and independence.”

Having established its India presence in 2025 with the launch of its New Delhi office, Motorica India continues to collaborate with hospitals, rehabilitation centres and industry stakeholders to strengthen clinical education and expand access to advanced prosthetic technologies across the country.

The Westin Jaipur Kant Kalwar Resort & Spa Appoints Simita Chattoraj as Assistant Director of Human Resources

Jaipur, Feb 09:  The Westin Jaipur Kant Kalwar Resort & Spa is pleased to announce the appointment of Ms. Simita Chattoraj as the new Assistant Director of Human Resources, further strengthening the resort’s leadership team.

Simita brings with her extensive experience in the luxury hospitality sector, having most recently served as Human Resources Manager at The Westin Resort & Spa Himalayas, Rishikesh. Known for her result-oriented approach, she has consistently demonstrated expertise in personnel management, recruitment, onboarding, and organizational development.

During her tenure at The Westin Resort & Spa Himalayas, Simita played a pivotal role in spearheading recruitment initiatives, streamlining onboarding processes for new associates, and successfully leading Project Pranita across the North India, Bhutan, and Nepal region. Her ability to align human resource strategies with business goals has contributed to building high-performing, engaged teams across multiple properties.

Simita’s professional journey includes hands-on HR operations experience with some of India’s most prestigious hospitality brands. She holds a Certificate Course in Recruitment Management from the Tata Institute of Social Sciences (TISS) and an MSc in Resource Management from SNDT Women’s University, equipping her with a strong academic foundation to complement her practical expertise.

Commenting on the appointment, Mr. Kamaljit Singh, General Manager, The Westin Jaipur Kant Kalwar Resort & Spa, said:

“We are thrilled to welcome Simita Chattoraj to our leadership team. Her extensive experience in fostering positive work environments and her strategic approach to talent development make her the perfect fit for our resort. We look forward to the energy and expertise she will bring to our HR department as we continue to elevate our guest and associate experiences.”

With this appointment, The Westin Jaipur Kant Kalwar Resort & Spa reaffirms its commitment to nurturing talent, building a strong workplace culture, and delivering exceptional experiences for both guests and associates.

The Westin Jaipur Kant Kalwar Resort & Spa Appoints Simita Chattoraj as Assistant Director of Human Resources

Jaipur, Feb 09:  The Westin Jaipur Kant Kalwar Resort & Spa is pleased to announce the appointment of Ms. Simita Chattoraj as the new Assistant Director of Human Resources, further strengthening the resort’s leadership team.

Simita brings with her extensive experience in the luxury hospitality sector, having most recently served as Human Resources Manager at The Westin Resort & Spa Himalayas, Rishikesh. Known for her result-oriented approach, she has consistently demonstrated expertise in personnel management, recruitment, onboarding, and organizational development.

During her tenure at The Westin Resort & Spa Himalayas, Simita played a pivotal role in spearheading recruitment initiatives, streamlining onboarding processes for new associates, and successfully leading Project Pranita across the North India, Bhutan, and Nepal region. Her ability to align human resource strategies with business goals has contributed to building high-performing, engaged teams across multiple properties.

Simita’s professional journey includes hands-on HR operations experience with some of India’s most prestigious hospitality brands. She holds a Certificate Course in Recruitment Management from the Tata Institute of Social Sciences (TISS) and an MSc in Resource Management from SNDT Women’s University, equipping her with a strong academic foundation to complement her practical expertise.

Commenting on the appointment, Mr. Kamaljit Singh, General Manager, The Westin Jaipur Kant Kalwar Resort & Spa, said:

“We are thrilled to welcome Simita Chattoraj to our leadership team. Her extensive experience in fostering positive work environments and her strategic approach to talent development make her the perfect fit for our resort. We look forward to the energy and expertise she will bring to our HR department as we continue to elevate our guest and associate experiences.”

With this appointment, The Westin Jaipur Kant Kalwar Resort & Spa reaffirms its commitment to nurturing talent, building a strong workplace culture, and delivering exceptional experiences for both guests and associates.

Modis Navnirman Limited Begins Construction with Bhoomi Poojan of 200+ Unit Residential Project ‘Rashmi Icon’ in Malad, Mumbai

Mumbai, India, Feb 9: Modis Navnirman Limited, one of Mumbai’s rapidly growing real estate developers, marked a key milestone with the successful Bhoomi Poojan ceremony of its upcoming residential and commercial project, Rashmi Icon, located at Shankar Gully, Orlem, Malad (West). This ceremony signifies the formal commencement of construction on what is set to become a modern lifestyle landmark in the neighbourhood.

Rashmi Icon is a thoughtfully planned mixed-use development located on a plot area of 4,744.40 sq. mtrs., featuring three residential wings with around 201 contemporary homes, 17 commercial shops, podium parking, and a dedicated amenities floor. The project is designed to offer a balanced blend of comfort and convenience, with modern lifestyle amenities, recreational spaces, and fitness facilities aimed at enhancing overall community living.

Speaking on the occasion, Mr. Mahek Modi, Whole-Time Director & Chief Financial Officer, Modis Navnirman Limited, said:

 “Rashmi Icon reflects our commitment to building future-ready urban communities. While the Bhoomi Poojan marks an important ceremonial beginning, our true focus lies in delivering well- designed homes, strong construction quality, and meaningful amenities that add long-term value to residents and the surrounding neighbourhood.”

Rashmi Icon strengthens Modis Navnirman Limited’s growing portfolio of residential developments in Mumbai and reinforces the company’s mission to create modern, community-focused spaces built with quality and integrity.

DPU School of Allied Health Sciences and AREF Announce Strategic Collaboration to Strengthen Healthcare Skill Development and Community Health Research

Feb 09: D.Y Patil University, School of Allied Health Sciences and Adiuvaret Research & Education Foundation (AREF) today announced a strategic collaboration aimed at advancing holistic healthcare education, enhancing skill-building capabilities, and fostering community-focused health initiatives across the allied health and healthcare management education sectors.

This partnership brings together the academic excellence of DPU School of Allied Health Sciences with AREF’s proven expertise in healthcare management learning, curriculum development, and educational support systems. The collaboration will focus on developing structured skill ecosystems in public health and biomedical research, interdisciplinary learning modules for community health, and research-driven models that address the evolving needs of students, educators, and communities.

Dr. Abhay Saraf, Director, DPU School of Allied Health Sciences, said,

“With AREF’s proven capabilities and our shared vision for holistic development, this partnership marks the beginning of a transformative journey that will reshape how students learn, engage, and contribute to society. Together, we aim to build future-ready skill ecosystems, encourage impactful research, and strengthen our community outreach initiatives. By uniting academic excellence with real-world application, I believe this collaboration will set new benchmarks in skill-building, interdisciplinary innovation, and sustainable community impact.”

Highlighting the significance of the partnership, Dr. Biranchi Jena, Director, AREF, said,

“Collaborating with DPU School of Allied Health Sciences is a tremendous opportunity to integrate our practical experience in health management education with a leading academic institution. Our shared commitment to quality, accessibility, and innovation positions us to create meaningful change. We look forward to co-creating programs, resources, and learning pathways that elevate student readiness and deliver long-term value to the communities we serve.”

The partnership will further explore joint programs, research initiatives, field training, community engagement activities, and development of educational tools and materials. Both institutions aim to position the collaboration as a model for future academic-industry partnerships in India.

Chandigarh, Feb 09: Bank of Baroda, India’s International Bank, marked a significant milestone in building a new infrastructure for the existing Ernakulam Zonal Office as Smt. Beena Vaheed, Executive Director, Bank of Baroda, laid the foundation stone for the bank’s new Office building at Canon Shed Road today. This initiative enhances the Bank’s physical infrastructure for its established zonal operations in Kerala, underscoring its commitment to improved operational efficiency across the state.

The foundation stone laying ceremony was attended by Shri Prajit Kumar D, General Manager and Zonal Head; Shri K. R. Kagadal, Deputy General Manager (Compliance & Assurance); Shri Anishkumar Kesavan, Deputy General Manager (Business Development); Shri Anmay Kumar Mishra, Deputy General Manager (ZIAD); and all Regional Heads of Ernakulam Zone, along with other senior officials of the Bank.

During her visit, Smt. Beena Vaheed engaged with Bank of Baroda employees at the Baroda Academy in Jos Junction, Ernakulam. She addressed them on the importance of capacity building, skill enhancement, and delivering customer-centric banking services. On this occasion, virtual inauguration of the new alternate premises of Chattanchal Branch was also held at the hands of Smt. Beena Vaheed.

She also addressed a customer meet with High Net-worth Individuals (HNIs) and major corporate clients from the Ernakulam Zone, reinforcing the Bank’s focus on nurturing enduring partnerships and fueling regional business expansion.

Speaking on the occasion, Smt. Beena Vaheed, Executive Director, Bank of Baroda said,

 “Kerala has always been a key market for Bank of Baroda, and the initiative of constructing its own new Office building represents our unwavering commitment to the state’s economic growth and development. The modern infrastructure will enable us to serve our customers more effectively and support the Zone’s aspirations for inclusive and sustainable progress.”

The new office building, expected to become operational within 21 months, will provide a modern and dedicated new workspace for the bank’s operations in the zone. Presently, the Zonal Office is situated at MG Road Metro Station, MG Road, Ernakulam.

Bank of Baroda has established a strong and growing presence in Kerala, with a total business of ₹46,475 crore, including deposits of ₹20,621 crore and advances of ₹25,854 crore as on 31.01.2026. The bank operates an extensive network of 248 branches, 07 Digital Service Outlets and 263 ATMs across the State and employs around 1,800 people, underlining its deep commitment to Kerala’s economic development and financial inclusion.

With this new infrastructure, Bank of Baroda reaffirms its commitment to fostering regional prosperity, bolstering existing operations, and driving sustainable growth across Kerala, thereby contributing to the state’s holistic development.

Chandigarh, Feb 09:  Audi, the German luxury carmaker, today unveiled My Auras, a first-of-its-kind in-vehicle experience that creates an unconventional journey of tranquility and grace by redefining luxury vehicle ownership for the customer. The My Auras app is a testament to Audi’s ‘Vorsprung durch Technik’ that blends intuitive technology with the emotional aspect of driving to create a special bond between the vehicle and the person behind the wheel with every single drive. The app offers a seamless luxury interface with integrated Apple Music and one-click controls for ambient lighting, climate control, aromatization, massage and ventilation.

Available across MyAudi Connect and integrated directly into Audi vehicles, My Auras elevates ownership from mere driving to a hyper-personalised lifestyle experience.

Mr. Balbir Singh Dhillon, Brand Director, Audi India, said,

“At Audi India, Vorsprung Durch Technik – is about creating unique experiences that adapt to our customers’ lives. In line with our customer-centric strategy, we are introducing the My Auras feature on the myAudi Connect app. The My Auras app is a perfect representation of this ethos. Today’s users expect experiences that adapt to them and the My Auras app delivers hyper-personalized moods, ensuring that every drive feels intentional, whether it’s calming, energizing, festive, or celebratory.”

Highlights:

One-click multi-sensory control: Instead of managing multiple settings individually, users can activate a complete atmosphere with a single click by adjusting the lighting, music, temperature, seat comfort, massage function and ventilation simultaneously.

Redefining stress-free driving: The app promotes mental well-being and relaxation, helping users unwind during daily commutes or long journeys. Features such as roadside assistance and vehicle service, all available within the same application, help reduce anxiety and enhance peace of mind.

Celebrating moments that matter: The My Auras app recognizes that driving is a part of one’s life’s moments. Festive themes can be customized to reflect cultural and seasonal celebrations. In addition, a birthday mode can automatically be activated on the user’s special day, creating a delightful, memorable experience.

My Auras’ feature sets scale intelligently across Audi India’s portfolio, including the Audi A4, Audi Q3, Audi Q3 Sportback, Audi Q5, Audi A6, Audi Q7, Audi Q8, Audi RS Q8 and Audi Q8 e-tron models. Customers can access the experience through MyAudi Connect on their iPhones or directly through their vehicle’s infotainment system. Designed exclusively for iOS users, with functionality supported on select iPhone models and iOS versions. Feature availability is applicable to Audi vehicles from MY24 onwards.

Chandigarh, Feb 09: TVS Motor Company (TVSM) – a leading global automaker in the two and three-wheeler segment, today announced the appointment of Madhu Srivastava as President & Group Head – Human Resources. She will be based out of Bengaluru. Madhu is an accomplished HR leader with cross-industry experience spanning natural resources, oil and gas, financial services, telecom, and manufacturing.

Announcing the appointment, Sudarshan Venu, Chairman, TVS Motor Company said,

 “Madhu’s rich cross-industry experience will add significant value to the Group. The Group, which spans across mobility, financial services, and real estate, has been on a steady growth trajectory, expanding globally. We are confident that Madhu will build on the strong legacy of values, trust and excellence that TVS is known for, while helping take our people and organization agenda to the next level in an increasingly competitive and dynamic environment. We would also like to take this opportunity to thank R. Anandakrishnan who has devoted 38 years to TVS and has been instrumental in building the strong people foundations, values and HR systems.”

Professional Background & Leadership Experience:

Prior to joining TVSM, Madhu served as the Global CHRO of Vedanta Resources, a $25B multinational with a 100,000-strong workforce. She led enterprise-wide people strategy and major HR integrations, including the acquisition of Cairn India and other businesses. Madhu played a pivotal role in building leadership depth, strengthening organization capability, driving culture transformation and anchoring people strategy through periods of significant growth and change.

 Previously, she served as CHRO of Cairn Oil & Gas and Group Head of Talent Acquisition, Diversity & Inclusion, building global leadership pipelines and early-talent programs. Earlier roles at Citibank, Genpact, Reliance Infocom, GE Capital International Services, and Godrej equipped her with strong commercial acumen and scale hiring expertise.