Archives 2026

CREDAI Advances Sustainability & Skilling: Launches Second Phase Reforestation and Felicitates RPL-Certified Workers

Mumbai, Feb 09: The Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body representing India’s real estate sector, through its CSR Foundation and member network, is initiating the second phase of its flagship ecological reforestation drive across degraded stretches of the Western Ghats, commencing with 700 acres of land restoration. In tandem, the organisation felicitated skilled construction workers who have successfully completed its Recognition of Prior Learning (RPL) certification, formally recognising their expertise and contribution to the sector.

CREDAI Re-forestation Drive

CREDAI’s reforestation initiative launched last year aims to plantation of nearly 2 million saplings across 25 villages, approximately 9,000 acres of degraded forest land in Maharashtra, commencing from Nashik. The initiative encompassed awareness programmes and the promotion of sustainable development practices. It was implemented in collaboration with the Raah Foundation and district authorities in Maharashtra. The organisation had signed two Memorandums of Understanding (MoUs) with the District Collector, Nashik, to align the programme with the Government of Maharashtra’s regreening priorities and community-based forest management frameworks.

Given the exceptional ecological sensitivity and strategic importance of the Western Ghats, CREDAI Nashik plays a pivotal role in on-ground execution and community coordination, working closely with the national team to monitor progress and evaluate outcomes across all programme phases. To date, more than 3,500 acres have been restored through native-species plantations, supported by soil preparation, trenching, mulching, moisture conservation, and water-harvesting interventions. Plantations proceed at approximately 200 saplings per acre, with multi-year survival monitoring, third-party audits, and active community participation in plantation, protection, and long-term stewardship. This delivers sustained ecological regeneration, groundwater recharge, improved soil health, and enduring livelihood benefits for local communities.

In a dedicated felicitation ceremony, CREDAI honoured construction workers certified under its RPL initiative, highlighting their vital role as the foundation of India’s construction ecosystem. These programmes formally validate years of informal on-site experience, converting it into NSQF-aligned, industry-recognised certification delivered by CSDCI-certified trainers. The 10-day learn-while-you-earn model combines 1 hour of daily classroom theory with 7 hours of supervised on-the-job training, ensuring no wage loss or disruption to active sites. Certifications cover key trades: masonry (general, tiling, plastering), shuttering carpentry, and bar bending & steel fixing. CREDAI plans to significantly scale these efforts, targeting the certification of 50,000 construction workers across the country in the coming years.

To further strengthen the sector’s talent pipeline, CREDAI’s Junior Engineering Programme equips young civil engineers with practical site knowledge, technical readiness, and enhanced employability to meet the demands of rapid urbanisation. Complementing this, CREDAI has forged strategic partnerships with premier institutions for developer leadership development. In collaboration with IIM Ahmedabad, CREDAI offers the Real Estate Development Leadership (RED-L) Programme, a 6-month executive course designed for developers with 7–10 years of experience, focusing on strategic leadership, governance excellence, and industry transformation. Separately, the IIM Bangalore–CREDAI Business Leadership Programme (BLP), develops visionary leaders equipped with advanced skills in strategic thinking, emerging technologies, operational excellence, and adaptive change management in a rapidly evolving sector.

Shekhar Patel, President, CREDAI, said,

“As urbanisation and real estate growth accelerate, industry bodies bear a profound responsibility to invest in long-term environmental outcomes. The Western Ghats, sustaining millions through its biodiversity and water resources, has faced decades of degradation, making large-scale restoration an urgent imperative. Launching the second phase of our flagship reforestation drive, we are advancing science-led native-species revival, community stewardship, and rigorous monitoring to regenerate biodiversity, recharge groundwater, restore soil health, strengthen climate resilience, and create enduring livelihoods for local communities.

This reflects CREDAI’s commitment to balance development with ecological responsibility through structured, measurable, and scalable interventions that contribute to India’s ecological security. In parallel, our felicitation of RPL-certified workers and leadership collaborations with IIM Ahmedabad and IIM Bangalore further support workforce dignity and sectoral capability. Together, these efforts align with the vision of Viksit Bharat @2047 to foster inclusive, responsible, and eco-resilient growth. We at CREDAI are deeply proud to lead this transformative socio-ecological action.”

Tata Motors Launches Tamil Nadu Facility, Rolls Out First Locally Made Range Rover Evoque

Tata Motors Passenger Vehicles’ new manufacturing facility in Tamil Nadu begins operations with the local manufacture of JLR’s Range Rover Evoque as the first vehicle

Bengaluru, Feb 09: Tata Motors Passenger Vehicles Ltd. (TMPV), India’s leading manufacturer of cars and SUVs and its subsidiary Jaguar Land Rover Automotive Plc. (JLR), today announced the commencement of operations at their new manufacturing facility at Panapakkam in the Ranipet district of Tamil Nadu. The current facility reflects the first phase of development of a greenfield plant for producing next‑generation vehicles, including EVs, for both TMPV and JLR brands. The first vehicle to roll out of the plant is the locally manufactured Range Rover Evoque from JLR, a model celebrated globally for its modern luxury and exceptional craftsmanship.

Tata Motors' new manufacturing facility at Panapakkam, Ranipet district, Tamil Nadu_Image 3

The facility was formally inaugurated by the Hon’ble Chief Minister of Tamil Nadu, Thiru M.K. Stalin, and Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors Passenger Vehicles, in the presence of eminent Ministers, public representatives, senior bureaucrats, government officials, and senior leaders from TMPV, JLR, and the Tata Group.

Inaugurating the Tata Motors Passenger Vehicles – JLR facility, Thiru M.K. Stalin, Chief Minister of Tamil Nadu, said,

 “Tata Group has long played a pivotal role in nation building and shares a deep, historic partnership with Tamil Nadu. With the commencement of operations at this new manufacturing facility and the rollout of the first Range Rover Evoque in Panapakkam, Ranipet, the state is proud to witness the expansion of world‑class automotive manufacturing. Tamil Nadu welcomes this significant milestone and remains committed to supporting industries that create jobs, drive innovation, and reinforce our position as India’s leading hub for manufacturing and mobility.”

Speaking on the occasion, Mr. N. Chandrasekaran, Chairman, Tata Sons & Tata Motors Passenger Vehicles Ltd, said,

The inauguration of our Panapakkam facility marks a significant milestone in the Tata Group’s journey to accelerate India’s leadership in sustainable and future‑ready manufacturing. We are also proud to deepen our long-standing partnership with Tamil Nadu, a state that continues to drive industrial excellence, innovation, and inclusive growth. With this facility, we look forward to producing vehicles of exceptional quality, craftsmanship, and technology for customers in India and around the world.”

20,000+ runners participated in the 8th Edition of Manipal Marathon, organized by Manipal Academy of Higher Education

Manipal, Feb 09: The 8th edition of the Manipal Marathon concluded successfully at KMC Greens, Manipal, on 8th February 2026, organized by Manipal Academy of Higher Education (MAHE), an Institution of Eminence and Deemed to be University. Recognized as one of India’s largest student-led community fitness events, the marathon drew over 20,000 participants, including 100+ international athletes, competing across categories for a prize pool exceeding ₹25 lakhs.

Manipal Marathon gets underway marking the participation of over 20000 athletes including more than 100 international runners in a vibrant display of glob

Themed “Miles for a Greener Tomorrow  Run for a Sustainable Future”, this edition reinforced MAHE’s commitment to environmental stewardship. The event aligned with ongoing sustainability initiatives, including tree plantation, biodiversity conservation, solar energy utilization, waste management, rainwater harvesting, and sustainable mobility, extending its impact beyond campus into the broader community.

Addressing the enthusiastic crowd, Dr H S Ballal, Pro Chancellor, MAHE, remarked,

“The overwhelming response to the 8th edition of the Manipal Marathon demonstrates MAHE’s vision of fostering holistic development beyond academics. By bringing together over 20,000 runners, we are promoting fitness, wellness, environmental stewardship, and community engagement. What began as a student initiative has grown into one of India’s largest community fitness events, attracting participation from over 10 countries.”

Over 100 international athletes participated, representing countries such as Dubai, England, Ethiopia, Germany, Kenya, Japan, Malaysia, Nepal, Sri Lanka, and the USA, strengthening the marathon’s global profile. The scenic beachside route for the 42K runners provided a memorable experience, while the newly introduced 10K route, including the Manipal Hospice Respite Centre (MHRC), emphasized the marathon’s enduring focus on social impact.

The event was graced by dignitaries, including Lt. Gen. (Dr.) M D Venkatesh, VSM (Retd.), Vice Chancellor, along with Dr Sharath Rao, Pro Vice Chancellor (Health Sciences), Dr. Dilip G. Naik, Pro Vice Chancellor (Mangalore Campus), Dr Anand Venugopal, COO Operations, Dr Gopalakrishna Prabhu, Vice Chancellor, Sikkim Manipal University, and other MAHE officials.

In line with MAHE’s focus on equity and inclusivity, the marathon featured dedicated categories for differently-abled and visually challenged runners, with age-wise classification, receiving enthusiastic participation.

MAHE expressed its gratitude to the title sponsors including ICICI Bank, UNEXT, Deloitte, BOBCARD, and all partners whose support contributed to the success of Manipal Marathon 2026.

The names of winners across various categories are:

42K Fastest Male

1 Sathish Kumar

2 Sachin Poojari

3 Desye Endalew

42 Fastest Female

1 Senait Kefelegn Lesharge

2 Yenealem Ayano Buli

3 Neeti Kriplani

21K Fastest Male

1 Rijwan Ali

2 Shashwath Rajesh Poojary

3 Nalinakshan Kizhakkedath

21K Fastest Female

1 Bhawana Negi

2 Nandini G

3 Rutuja Patil

10K Fastest Male

1 Shivanand Chigari

2 Shreedhara SN

3 Mubarak R Dantali

10K Fastest Female

1 Shahin S Dharwad

2 Shreya Moodekallu

3 Chaithra TP

5K Fastest Male

1 Nagaraj Divate

2 Ranga

3 Manjunath Belurappanavar

5K Fastest Female

1 Nagini Nagini

2 HV Deeksha

3 Rekha B.P. Basappa Piroji

The event concluded with a vibrant post-run carnival by fitness enthusiasts and students, featuring music and interactive fitness and Zumba sessions to celebrate the Manipal Marathon.

Nisus Finance Successfully Exits Skytech Estates Investment with 1.5x MOIC

Mumbai, Feb 9: Nisus Finance Services Co Ltd. (Nisus Finance), a leading player in urban infrastructure and real estate finance, today announced the successful and timely exit from its investment in Skytech Estates Private Limited. The exit, completed on February 3, 2026, well ahead of the originally planned timeline of June 2026, yielded an Internal Rate of Return (IRR) of approximately 16.5% and a Multiple on Invested Capital (MOIC) of 1.5x over a holding period of approximately three years.

Dr. Amit Goenka, MD & CEO, Nisus Finance--

The investment was made in 2023 through the Real Estate Special Opportunities (RESO) Fund in Senior Secured Redeemable Non-Convertible Debentures of Skytech Estates Pvt Ltd. The issuer is developing Skytech Mall in Rohtak and Skytech Colours Avenue, a residential project in Greater Noida. The successful exit demonstrates Nisus Finance’s ability to identify and support high-quality real estate opportunities beyond India’s major cities, reinforcing its commitment to enabling urban development in emerging markets.

The investment stands fully discharged, with all outstanding dues settled and security interests released, reflecting Nisus Finance’s strong asset management discipline, strategic stakeholder engagement, and execution excellence.

Commenting on the exit, Avadhoot Sarwate, Chief Investment Officer, Nisus Finance Services Co Ltd, said:

“The successful exit from Skytech Estates highlights Nisus’ disciplined asset management, strong execution capabilities in complex real estate investments, and proven ability to actively manage and turn around stressed assets. This transaction reinforces our RESO fund’s focus on well-located projects with strong fundamentals while bringing hands-on structuring, monitoring, and resolution expertise to protect and enhance investor value. Achieving a full and final settlement ahead of schedule underscores our ability to actively manage risk, engage stakeholders effectively, and deliver targeted, risk-adjusted returns for our investors.”

The Nisus team successfully navigated cash flow challenges, protecting investors’ capital while delivering strong risk-adjusted returns through proactive asset management, disciplined enforcement, and strategic stakeholder engagement. This early resolution highlights Nisus Finance’s expertise in managing and restructuring distressed commercial real estate assets.

ZEE5 Marathi Premieres ‘Uttar’ Starring Renuka Shahane & Abhinay Berde on 13th February

Marathi ZEE5 Brings Renuka Shahane and Abhinay Berde Starrer ‘Uttar’ Home on 13th February: A Tender Drama About a Mother–Son Relationship Tested by Time

Feb 09: In a world constantly rushing forward, Uttar pauses to ask a question we all quietly avoid—what happens to the things we keep for later? Love left unspoken. Truths postponed. Forgiveness assumed to have time. After touching hearts in theatres with its quiet emotional honesty, Uttar is now set to reach audiences across the country with its World Digital Premiere on Marathi ZEE5 on 13th February.

Uttar_trailer release

A deeply moving and intimate human drama, Uttar explores the emotional cost of postponement—of love, connection, forgiveness, and selfhood. Rooted in everyday reality yet universal in its resonance, the film captures those fragile moments when time slips through our fingers and life demands answers we are not prepared to give. Told with sensitivity, restraint, and raw emotional clarity, Uttar lingers long after the final frame, inviting reflection on the moments we defer and the bonds we assume will wait.

At the heart of the film lies a tender, complex mother–son relationship shaped by affection, ambition, and growing silences. Uma, a mother whose warmth quietly holds her family together, and Ninad, a young man moving forward in life while drifting almost unknowingly away from home, find themselves navigating emotional distance without confrontation or blame. Set against the rhythm of contemporary life and generational change, Uttar reflects how relationships often fracture not through conflict, but through waiting—for the right moment, the right words, the right time.

Written and directed by Kshitij Patwardhan, and produced by Zee Studios and Jackpot EntertainmentUttar stars Renuka Shahane and Abhinay Berde in deeply affecting performances, with Hruta Durgule and Nirmiti Sawant adding further emotional depth. As circumstances bring the mother and son to a crossroads, the film unfolds into a soul-stirring exploration of love, forgiveness, and the courage it takes to finally show up—for one another and for oneself.

Sharing her thoughts on the film, Renuka Shahane said,

“Uma is a character shaped by patience, love and an unspoken hope that things will eventually find their way. Portraying her was deeply moving because her silences speak as loudly as her words. I’m grateful that Uttar is now reaching a wider audience, where its emotions can be felt just as intimately”.

Abhinay Berde added,

“Ninad represents a generation constantly moving forward, often without pausing to examine what we leave behind. Playing him helped me reflect on ambition, emotional distance and the quiet pull of home. I’m glad that Uttar will now connect with audiences on ZEE5”.

Director Kshitij Patwardhan shared,

Uttar was always meant to feel like life—gentle, unresolved, and deeply human. It’s about moments we postpone, believing there will always be time. The film’s digital premiere allows viewers to engage with its emotional core at their own pace, and I hope it resonates in ways that feel personal and lasting.”

Uttar will stream exclusively on ZEE5 from 13th February 2026

Gatsby Mega Mister North East 2026 Grand Finale to Be Held on February 12 in Guwahati

Guwahati; Feb 9: Mega Entertainment, the region’s largest fashion and pageant event organizer, announced on Monday that the Grand Finale of the 15th edition of Gatsby Mega Mister North East 2026 will be held on February 12 at the ITA Cultural Complex in Guwahati.

Contestants of 15th Gatsby Mega Mister North East with Founder of Mega Entertainment Abhijeet Singha and past winners Nawang Dondup and Nikhil Okram

Addressing the media, Abhijeet Singha, Founder and Pageant Director of Mega Entertainment, shared details of the pageant’s progress following the successful completion of auditions conducted across eight Northeastern states, both on-ground and online. 46 candidates have been selected across the weight northeastern states to compete in the Grand Finale for the three winners’ trophies.

He said, “As Gatsby Mega Mister North East enters its 15th year, the journey has been one of steady growth, discipline, and purpose. Over the years, the platform has evolved from a regional pageant into a nationally and internationally recognised gateway for male talent from the Northeast. The response across all eight states this season reflects the maturity of the platform, and the 2026 edition is shaping up to be one of our most competitive editions yet, with a strong focus on grooming, character, and global readiness.”

The press conference was also attended by Okram Nikhil Singh and Nawang Dondup, winners of Mega Mister North East 2025. Nikhil will represent India at the upcoming Mister International pageant, while Nawang will represent India at Mister Eco International pageant. Interacting with the media, they spoke about their journey as Mega Mister North East, and also highlighted the organisation’s role in grooming contestants and preparing them for the international fashion and pageant industry.

Mega Mister North East 2026 is supported by Title Sponsor Gatsby, Furniture Partner Nilkamal, Beverage Partner Coca Cola and Fashion Partner Trends.

Reiterating the pageant’s long-standing vision of “Taking India to the World Stage,” Abhijeet Singha highlighted the international success of previous titleholders. Past winners from the platform who have represented India globally include Lukanand Kshetrimayum, winner of Mega Mister North East 2019 from Manipur, who was crowned the winner at Mister International 2022 in the PhilippinesAdong Jamatia, winner of Mega Mister North East 2023 from Tripura, who represented India at Mister International 2024 in the Philippines.

The pageant is produced by Mega Entertainment and marketed by Mega Activation. With the Grand Finale date now announced, the shortlisted finalists will undergo an intensive phase of grooming and mentorship leading up to the final event in Guwahati.

Zydus Lifesciences Reports Strong Q3 & 9M FY26 Growth Across Pharma, Wellness and MedTech Businesses

Bangalore, Feb 9: Zydus Lifesciences Ltd. today announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, reporting robust growth across its key businesses.

Financial Highlights:

  • Q3 FY26: Revenue from operations at ₹68,645 mn, up 30% YoY; EBITDA at ₹18,164 mn, up 31% YoY; Net Profit (Adjusted) at ₹11,109 mn, up 9% YoY.

  • 9M FY26: Revenue from operations at ₹1,95,614 mn, up 17% YoY; EBITDA at ₹59,207 mn, up 20% YoY; Net Profit (Adjusted) at ₹38,640 mn, up 15% YoY.

  • R&D Investments: ₹6,074 mn in Q3 (8.8% of revenue) and ₹15,750 mn in 9M (8.1% of revenue).

  • Capex (Organic): ₹4,637 mn in Q3 and ₹13,568 mn in 9M.

Business Updates:

  • India Formulations: Revenue at ₹17,094 mn, up 13% YoY; chronic and super specialty segments continue to lead growth.

  • North America Formulations: Revenue at ₹28,043 mn, up 16% YoY; multiple new product launches and approvals, including Zycubo® for Menkes disease.

  • International Markets: Revenue at ₹7,881 mn, up 38% YoY with broad-based regional growth.

  • API Business: Revenue at ₹2,143 mn, up 26% YoY.

  • Consumer Wellness: Revenue at ₹9,578 mn, up 113% YoY with full consolidation of Comfort Click Limited.

  • MedTech: Revenue at ₹2,996 mn, following full consolidation of Amplitude Surgical.

Operational and Compliance Highlights:

  • USFDA inspections completed with EIR status for Jarod injectable (VAI) and Ahmedabad OSD facility (NAI).

  • CE mark approval received for proprietary ‘Andy’ robotic surgical system.

Innovation Pipeline Updates:

  • NCE Research: Preparing NDA filing for Saroglitazar Magnesium with the USFDA.

  • Biotech: Phase III trial approved for second biosimilar antibody drug conjugate in India.

  • Vaccines: Phase II trial initiated for Bivalent Typhoid Conjugate Vaccine; awarded rabies and typhoid vaccine supply tenders for PAHO and UNICEF.

  • US Specialty & Biosimilars: Licensing and commercialization agreements for novel 505(b)(2) oncology product and biosimilar Pembrolizumab; BLA approval for Nufymco® (biosimilar Ranibizumab).

Commenting on the results, Dr. Sharvil Patel, Managing Director, said:

“Our robust performance across key businesses reinforces the strength and scalability of our base business. Our disciplined M&A and business development strategy is translating into tangible results. Anchored in patient centricity, supported by compliance and an agile supply chain, we remain focused on consistent execution and driving long-term shareholder value.”

Zydus Lifesciences continues to strengthen its pharma, wellness, and medtech portfolios, delivering innovative solutions to global markets while creating sustainable value for shareholders.

Filatex India Limited Sustains Momentum in Q3FY26

New Delhi, Feb 9: Filatex India Limited   an integrated, ESG-aligned polyester filament yarn manufacturer pioneering India’s next-generation circular materials ecosystem, announced its financial results for the quarter ended December 31, 2025.

Key Financial Highlights – Q3FY26 and 9MFY26

  • Standalone revenue from operations stood at ₹1049.70 crore for Q3FY26 and ₹3175.03 crore for 9MFY26.
  • EBITDA was reported at ₹93.58 crore with a margin of 8.91% for Q3FY26 and ₹143.65 crore for 9MFY26.
  • Profit after tax for the quarter stood at ₹55.34 crore with a margin of 5.27% for Q3FY26 and ₹143.65 crore for 9MFY26.

Key Business and Strategic Updates:

  1. Project Execution Updates
  • Recycling Project: The ₹300 crore textile-to-textile recycling project (26,750 TPA) progressing as per schedule, with commissioning targeted for September 2026.
  • PFY Capacity Expansion: The ₹235 crore brownfield expansion adding ~55,000 TPA, primarily in FDY/DTY, supporting product mix improvement, progressing as per schedule.
  • Renewable Energy Transition: The Company continued implementation of renewable sourcing from hybrid wind-solar and solar projects, progressing towards its target of increasing renewable power share from ~26% to ~55%, with commissioning targeted for November 2026
  • Automation Initiatives: The auto-doffing and packing line automation project with an Italian technology

partner, focused on improving efficiency and reducing operational losses, to be implemented by June 2026.

  1. MoU with Decathlon India

Texfil Private Limited, a wholly owned subsidiary of Filatex India Limited, signed an MoU with Indeca Sporting Goods Pvt. Ltd. (Decathlon Group) to collaborate on recycled polyester adoption in sports apparel.

Key Industry & Regulatory Updates:

  • MEG anti-dumping duties were not imposed, supporting stable raw material pricing.
  • Relaxation of QCO norms has led to higher imports, partially impacting margins.
  • EPR and circularity norms continue to drive demand for recycled and traceable polyester products.
  • The Union Budget 2026–27 strengthens policy support for man-made fibres and technical textiles through initiatives such as the National Fibre Scheme, Text-ECON, Mega Textile Parks and SAMARTH 2.0.
  • The proposed India–EU FTA is expected to reduce/eliminate tariffs on textile and apparel exports, improving competitiveness in the European market.
  • US import duties on Indian textile and apparel exports likely to be reduced to 18% from around to 25%, supporting export volumes and market access.

Commenting on the results, Mr. Madhu Sudhan Bhageria, Chairman & Managing Director, said:

“I am pleased to share that the Company delivered a strong performance during the quarter, with stable revenue, supported by constant volumes, improving margins, disciplined execution, and our continued shift towards higher- value products. This reflects the strength of our operating model and our ability to perform consistently in a dynamic environment.

Looking ahead, supportive policy measures, improving market access through recent India-EU FTA and sharp reduction in US tariffs, along with Europe’s sustainability-led sourcing shift are creating strong tailwinds for the Indian textile sector. With our scale, integrated manufacturing and early leadership in circular recycling, we believe Filatex is well positioned to benefit from these trends and drive sustainable long-term growth.”

Mahindra bags its biggest ever export order; 35,000 units of LCVs to be delivered to Agrinas Pangan Nusantara, Indonesia in 2026

Chandigarh, Feb 9: Mahindra & Mahindra Ltd. (M&M), today announced that it will supply 35,000 units of Scorpio Pik Up vehicles in 2026 to Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, for the Koperasi Desa/Kelurahan Merah Putih (KDKMP) Project. These Pik Ups will play a crucial role in enhancing logistics for Koperasi (Cooperatives) being set up in the country.

Agreement Signing_Mahindra  x Agrinas Pangan Nusantara, Indonesia (2)

Under this partnership, Mahindra and Agrinas Pangan Nusantara will work together to equip Koperasi with robust, reliable vehicles to ensure effective and seamless flow of fresh supplies from farmers directly to the marketplace, thereby bridging the gap between producer and consumer. This collaboration aims to enhance rural logistics and enable villages to become independent centers of economic growth.

Nalinikanth Gollagunta, CEO, Automotive Division, Mahindra & Mahindra Ltd., said,

“We are looking forward to this association and to supporting Indonesia’s Koperasi through our partnership with Agrinas Pangan Nusantara. By deploying the Scorpio Pik Ups as a part of the Koperasi, we are strengthening a reliable logistics backbone that connects farmers to markets more efficiently. Our Pik Ups are engineered to perform in tough conditions while keeping operating costs to a minimum. The volume committed for this partnership will significantly boost our International Operations, adding as much as our total export volumes achieved in FY 25. In line with Mahindra’s Rise philosophy, this collaboration reflects our commitment to enabling prosperity and supporting national priorities.”

Manufactured at Nashik Plant, Scorpio Pik Ups are globally recognized for their durability, payload capacity, and low operating costs. These vehicles are tailored to meet the operating requirements of Koperasi – from rough rural roads to farm tracks.

Mahindra Scorpio Pik Ups will bolster Koperasi ecosystem by providing first-mile aggregation, which involves transporting produce from farms to cooperatives, and facilitating intra-village logistics, ensuring the efficient movement of goods within the cooperative network.

Casmara honours Esskay Beauty Resources with Outstanding Partnership Award

Esskay Beauty Resources has received the Outstanding Partnership Award from Spanish professional skincare brand Casmara at the Casmara Beauty Congress 2026, held in Spain, last week. During the same event, Esskay Beauty Resources was also officially recognised as Casmara’s No. 1 Distributor Globally, a recognition based on its 18-year-long collaboration & outstanding performance in market expansion and growth rate across India. The announcement was made in the presence of Casmara’s senior leadership and representatives from its global distributor network.

The Outstanding Partnership Award acknowledges the continuity of the long-standing relationship between Esskay Beauty Resources and Casmara, and Esskay’s contribution to building and expanding the brand in professional beauty markets over time. The company has worked closely with salon professionals, clinics, and industry partners to strengthen Casmara’s footprint and visibility across its operational markets.

Commenting on the recognition, Ankit Virmani, Director, Esskay Beauty Resources, said the acknowledgement reflected the collective efforts of multiple stakeholders.

“This recognition belongs not only to our internal teams but also to our partners who have worked alongside us and believed in the brand’s long-term potential. Being recognised at a global platform like the Casmara Beauty Congress is encouraging,” he said.

Subham Virmani, Director, Esskay Beauty Resources, said

“the global recognition was the result of sustained and consistent efforts rather than short-term outcomes. “The focus has always been on building the brand steadily across markets and strengthening professional engagement. This recognition reinforces the approach we have followed over the years & motivates us to continue aspiring for our shared goals,” he said.

Esskay Beauty Resources has been associated with Casmara for 18 years, during which the partnership has evolved steadily. Over this period, the collaboration has expanded beyond distribution to include education-led initiatives, professional training programmes, and market development efforts aimed at supporting salons and beauty professionals across India.

Casmara is a Spain-based dermo-cosmetic company specialising in professional skincare solutions. The brand is known for its focus on research-led formulations and professional treatments and operates across 80+ international markets through a network of distribution partners.

Headquartered in Gurugram, Esskay Beauty Resources has operated in the professional beauty and wellness space since 2002 and works with global brands to develop markets through distribution, education, and long-term brand-building initiatives.