Brands
Detailing Mafia showcases car care tech at Automechanika
Brand unveils UltrashieldX film and outlines global franchise push
NEW DELHI:Â The Detailing Mafia rolled into Automechanika New Delhi 2026 with polish, protection and a clear plan for growth, using the industry showcase to highlight its system-driven detailing model and next-generation car care technology.
The fast-growing detailing franchise network is exhibiting at Booth E50 in Hall 02 at the Yashobhoomi Convention Centre, where the three-day event is being held from 5 to 7 February. Visitors to the stand can watch live demonstrations, take part in technical walkthroughs and explore franchise opportunities through one-on-one discussions.
At the centre of the display is UltrashieldX Paint Protection Film, the company’s in-house surface protection solution that comes with a 10-year warranty. The product is used exclusively across The Detailing Mafia’s studios, with the brand retaining control over installation methods, application processes and service standards.
The Detailing Mafia CEO Kunal Sethi, said the detailing industry is entering a decisive phase where customers demand durable, high-quality solutions that meet global benchmarks. He added that the company aims to open 200 new studios by 2027 across India and select international markets as part of its expansion strategy.
The Detailing Mafia currently operates more than 220 studios worldwide, built around standardised operating procedures, training programmes, audits and certifications. Franchise partners also receive marketing support designed to drive steady growth and brand visibility.
Innovation remains central to the company’s pitch. Its latest UltrashieldX range has been developed in collaboration with Lubrizol, a global manufacturer of TPU materials used in protective films.
Automechanika New Delhi offers the brand a chance to connect with industry professionals, explore partnerships and promote its international detailing certification programme. Entrepreneurs who book franchises during the event are also being offered special limited-time deals.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
