Brands
Ferrero India introduces ‘Ferrero Collection’
Mumbai: Ferrero India Private Ltd, part of Ferrero Group, one of the world’s leading manufacturers of sweet packaged products, has announced the launch of ‘Ferrero Collection, a go-to-choice for ultra-premium gifting during important festive occasions. With this new offering, Ferrero India expands its luxury chocolate and confectionery portfolio which includes the widely loved Ferrero Rocher. An exquisite addition to the product range of Ferrero India – Ferrero Collections embodies the highest form of craftsmanship, made for the select few who wish to experience the art of fine taste.
The Ferrero Collection has a selection of the signature Ferrero range of products: Ferrero Rocher®, Raffaello®, and Ferrero Rondnoir®. The collection aims to offer an experiential journey through taste, packaging and presentation, aligning with the evolving lifestyles and taste of the Indian consumers.
Ferrero Rocher®: A Hazelnut Speciality with a whole hazelnut inside
Raffaello®: A crisp Coconut speciality with a whole almond inside
Ferrero Rondnoir®: A crisp dark Chocolate specialty
Ferrero Pralines marketing head Zoher Kapuswala said, “India has a long-standing custom of gifting during festivals and special occasions. With the premium gifting market on the rise, today’s consumers are looking for novel premium gifting options that create lasting impressions and Ferrero Collection is the perfect gift choice. The luxurious set and select assortment of different products in the Ferrero Collection are ideal for consumers looking for a premium gift for their loved ones.”
The brand has further strengthened its relationship with Bollywood actor Hrithik Roshan who features in the campaign film, where Hrithik Roshan explains how some things in life are meant to be exquisitely designed, crafted, and curated to stand out from the rest, just like the Ferrero Collection.
Ferrero Collection is available in packs of 15 and 24 pieces in leading modern trade stores and e-commerce platforms.
Brands
Kotak Mahindra Prime names Suraj Rajappan as managing director and chief executive
The car-finance arm of Kotak Mahindra Bank lines up a new chief and raises its borrowing limit
MUMBAI: Suraj Rajappan is getting the keys. Kotak Mahindra Prime Limited (KMPL), India’s veteran car-finance outfit, has named him managing director and chief executive, effective June 1st, 2026—the same day his predecessor drives off into retirement.
The board approved the appointment at its meeting on March 18th. Rajappan, currently a whole-time director at the company, has spent his entire 24-year career at KMPL, working across functions before rising to the top job. The three-year term remains subject to shareholder approval, and the company confirmed he faces no bar from SEBI or any other authority from holding the post.
He takes over from Shahrukh Todiwala, who superannuates on May 31st after more than three decades with the Kotak Group. Ashok Vaswani, managing director and chief executive of parent Kotak Mahindra Bank, was generous in his send-off. Todiwala, he said, “leaves behind a legacy marked by prudent growth, strong risk discipline, and a focus on customer-centricity.” Of his successor, Vaswani was equally bullish: Rajappan’s “deep industry experience and execution capabilities position KMPL well for its next phase of growth.”
The board also loosened the purse strings, raising the company’s overall outstanding debt limit from Rs 43,000 crore to Rs 48,000 crore. The expanded ceiling covers bank loans, debentures, commercial paper, treasury operations, credit facilities and external commercial borrowings.
KMPL has operated as a car-finance company since 1996, branching into two-wheeler loans in 2018 and loans against property in 2021. With fresh leadership, a bigger borrowing arsenal and an ambitious lender for a parent, Rajappan’s first task is clear: step on the accelerator.
