Archive: April 30, 2025

TripXL Ready to Transform India’s Travel Sector with its April 2025 Launch

“We believe in the philosophy of ‘going global while acting local.’ Today’s digital landscape is flooded with platforms offering online bookings, but trust remains a key concern for many travelers. At TripXL, our mission is to bridge this gap by providing an authentic, transparent, and value-driven experience, all while ensuring the highest standards of safety,” said Anil Lohia, COO of TripXL.

Daewoo and MIL Form Alliance to Launch Lubricants in India

New Delhi, 30th April 2025: Daewoo, the globally renowned brand known for its legacy of engineering excellence has officially entered the Indian automotive lubricant sector with a spectacular launch event held at Le Méridien, New Delhi. The launch marks a pivotal moment in the industry as Daewoo Lubricants now becomes available in India under a strategic licensing collaboration with Mangali Industries Limited, a trusted name in the Indian manufacturing landscape.

Marking its official entry into the Indian automotive market, Daewoo Lubricants, launched its premium range of high performance lubricants designed for a wide variety of vehicles from two wheelers and passenger cars to commercial and agricultural vehicles. With a legacy of engineering excellence and innovation, Daewoo is recognized for producing reliable, durable, user-friendly products as the brand emphasizes to make quality accessible to a wide range of consumers. The launch of Daewoo Lubricants sets a new benchmark in India’s lubricant sector, offering world class quality tailored for Indian driving conditions.

The high-profile event brought together leaders from the automotive and lubricant sectors, along with key stakeholders, to witness the signing and presenting of Licensee Certificate, while unveiling of Daewoo’s premium range of lubricants, built to win the diverse driving conditions in India. The collaboration aims to deliver advanced technology designed to extend engine life, improve fuel efficiency, and promote sustainable mobility.

Unveiling Daewoo Lubricants, Mr. Vineet Singh, Director – Strategy & Growth, Daewoo, mentioned – “Daewoo has always stood for innovation, trust, and performance. Through this powerful alliance between Daewoo and Mangali Industries Ltd., we are shaping the future of high-performance lubricants in one of the world’s most dynamic and demanding markets. With this launch, we embark on a long term journey dedicated to empowering the Indian automotive industry.”

Mr. Sang-hwan Oh, DGM, POSCO – Korea, conveyed his enthusiasm about the launch and emphasized on Daewoo’s dedication to quality and customer satisfaction, ensuring that every product meets rigorous international standards while adapting to evolving demands of local consumers.

With this strategic move, Daewoo aims to redefine lubricant excellence in India, providing consumers with reliable, high-performing, and environmentally responsible products.

Mukesh Kumar Rejoins K Raheja Realty as CEO of Infiniti Malls

Mumbai, April 30th, 2025: Infiniti Mall, a flagship property of K Raheja Realty, is pleased to announce the appointment of Mr. Mukesh Kumar as Chief Executive Officer, Infiniti Malls, and Business Head – New Businesses. With nearly three decades of extensive experience in the retail and hospitality industries, Mr. Kumar returns to the company after a brief break, having previously spent almost two decades with K Raheja Realty.

In his new role, Mr. Kumar will lead the operations, leasing and marketing of Infiniti Malls, Andheri and Malad—two of the company’s flagship properties. He will focus on further elevating the retail experience at both malls by enhancing customer satisfaction, optimizing services, and introducing innovative technologies.

Mr. Mukesh Kumar expressed his enthusiasm about rejoining K Raheja Realty: “It was a very easy decision for me to make once I decided to move back to Mumbai. I have been associated with the company for nearly two decades, and I am fortunate to have a supportive promoter with whom I have worked very closely. The comfort of returning to a familiar environment makes the transition seamless.”

Mr. Mukesh Kumar’s vision for Infiniti Mall, Malad is to continue its growth in sales and footfall by further upgrading its offerings, adding new brands, and integrating advanced technology to enhance the customer experience. He aims to reintroduce the Omni-channel strategy to boost retail partner revenue and strengthen marketing, promotions, and loyalty programs.

For Infiniti Mall, Andheri, Mr. Kumar envisions transforming it into a more entertainment and F&B-driven destination. With the addition of new F&B brands and the upcoming launch of Dave & Busters, he plans to increase footfall and revenue while introducing new technologies to improve operational efficiency and customer experience.

Mr. Kumar also highlighted plans to expand the company’s portfolio and develop new business ventures, with announcements to follow. With his extensive experience, he is well-positioned to drive Infiniti Malls into a new era of growth and innovation.

VAHDAM® releases it’s 2025 Annual Impact Report; Celebrates 10 Years of Purpose-Driven Growth

April 29, 2025:  VAHDAM® India, a leading Indian wellness brand bringing the country’s finest teas, herbs, and botanicals to global markets, proudly marks its 10th anniversary by unveiling its latest Annual Impact Report. The report highlights the company’s continued commitment to sustainability, community empowerment, and responsible business practices that are central to its mission: Do Good by Doing Good.

Founded in 2015, VAHDAM® India has redefined the global wellness space by building a digitally native, climate- and plastic-neutral brand that ships directly from India to over 150+ countries.

Speaking on the 10th year anniversary, Bala Sarda, Founder & CEO, VAHDAM® India, said, “Grateful to be celebrating 10 years of VAHDAM India. As with every year, it’s an honor to release our Annual Impact Report, highlighting our progress across ESG initiatives over the past 12 months. It reflects our small but steady steps toward creating a positive impact on our communities, supply chain, and planet. As we grow, we remain committed to scaling responsibly and staying true to our core values.

 Key Highlights from the FY 2024-25 Impact Report:

 ●  25% reduction in plastic usage year-over-year, lowering total plastic footprint to just 24 tonnes.
●In partnership with rePurpose Global, 24,000+ kg of low-value plastic waste was recovered and recycled, diverted from oceans, landfills, and communities.
●  Continued Plastic Neutral and Climate Neutral certification for the fifth consecutive year, with net-zero plastic and carbon footprint since 2019.

VAHDAM® India allocates at least 1% of its revenue to its flagship CSR initiative, TEACH ME™, aimed at uplifting children in tea- and spice-growing regions.

●        In FY 24-25, the program positively impacted 30,000 children across Darjeeling, Alipurduar, Jalpaiguri, and Assam.
●        In collaboration with Be & Make and Terre des Hommes, the initiative established 100 digital classrooms and supported 90 plantations with tech-enabled education infrastructure.

 As an extension of this flagship initiative, the brand aims to introduce scholarships that will cover up to 100% of educational expenses for deserving students from tea and spice-growing regions.

Looking ahead, the brand remains committed to expanding its impact by accelerating emissions reduction through increased investments in renewable energy, driving innovation in sustainable shipping and packaging, and collaborating with global partners to implement best-in-class environmental practices.

INEOS and Covestro agree landmark 8-Year LNG linked Gas Supply Agreement

INEOS and Covestro have today announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS‘ newly established LNG supply chain, and both companies’ commitment to support European industrial competitiveness.

Covestro uses natural gas as a feedstock as well as an energy source. The partnership will enable the supply of natural gas sourced from INEOS’ global LNG portfolio, providing a stable and predictable feedstock and energy stream for Covestro’s European operations. This strategic collaboration addresses the critical need for secure and diversified energy sources in Europe.

David Bucknall CEO, INEOS Energy said: “Our goal is to supply customers with vital energy throughout the energy transition, not just at the end. That means maintaining competitive hydrocarbon supplies as alternatives emerge and grow. This long-term LNG deal with Covestro does exactly that, providing reliable, cost-effective energy to help our industrial partners manage volatility and avoid shortages.”

Thorsten Dreier, Chief Technology Officer of Covestro, added, “Securing a stable, competitive and predictable gas supply is essential for our operations right now. This agreement with INEOS provides us with the long-term security we need to maintain our production and contribute to the European economy. We value INEOS‘ commitment to supporting European industry and their proactive approach to addressing the region’s energy challenges. This contract is an important building block for us as a company in the energy intensive industry to transition towards an affordable renewable energy supply.”

This agreement reinforces the shared goal of both companies to maintain a strong and competitive industrial base in Europe. By ensuring a reliable gas supply, INEOS and Covestro are taking real, tangible steps to secure the future of their European manufacturing assets.

INEOS first entered the LNG sector in June 2022, signing a 20-year agreement with US-based Sempra Infrastructure to supply 1.4 million tonnes of LNG annually from the US Gulf Coast.