Brands
Siddhanta Srivastava joins Renault India as product marketing manager
Gurugram: Renault India has roped in Siddhanta Srivastava as product marketing manager, tasking him with one of its most high-stakes assignments yet—the comeback of the Duster, a name that once redefined the midsize SUV segment in India.
Srivastava joins Renault after a three-and-a-half-year stint at Kia India, where he handled product planning, operations and strategy for models including the Sonet, EV6 and EV9. His role spanned sales analysis, market intelligence and pricing strategy, ensuring competitiveness across four-wheeler segments in an increasingly crowded market.
At Kia, Srivastava was also deeply involved in electric vehicle strategy, working cross-functionally with R&D, design and finance teams to build viable EV business cases. He led cost simulations to unlock CAFE benefits and central and state government incentives, aligning product development with regulatory and commercial realities.
Earlier, at Honda Cars India, Srivastava worked in advanced product planning, representing the company on regulatory and standards panels such as BIS, AISC, SIAM and ICAT—giving him a ringside view of how policy, compliance and product strategy intersect.
His grounding in regulations was sharpened further at the International Centre for Automotive Technology, where he worked on homologation and regulatory frameworks as a senior engineer. Before that, he cut his teeth in engineering and installation roles, including a stint at TK Elevator, and led a Department of Science and Technology project that resulted in a patent for wireless power transmission.
At Renault India, Srivastava steps straight into launch mode. The new Duster is positioned as a cornerstone of the brand’s revival strategy, aimed at reclaiming relevance in a segment now dominated by aggressive new-age SUVs.
For Srivastava, the move marks both continuity and escalation—a return to hands-on product storytelling, backed by deep regulatory, technical and market insight.
For Renault, it is a calculated bet on execution.
As the Duster prepares to re-enter the spotlight, the message is clear: the icon is back—and this time, the groundwork runs deep.
Brands
Eternal posts Rs 54,364 crore revenue, up 168 per cent in FY26
Q4 profit rises to Rs 174 crore as firm streamlines District business
NEW DELHI: Eternal Limited reported a sharp surge in scale for FY26, with consolidated revenue rising 168 per cent year-on-year to Rs 54,364 crore, underscoring strong growth across its core businesses.
The company’s growth was mirrored in its bottom line, with a total annual profit of Rs 366 crore. The fourth quarter was particularly strong, contributing Rs 17,292 crore in revenue and Rs 174 crore in profit, a sharp rise compared to the Rs 39 crore profit recorded in the same period last year.
Key financial metrics from the report include:
- Total assets: Increased to Rs 40,736 crore from last year’s Rs 35,623 crore.
- Delivery charges: The company collected Rs 9,065 crore in delivery and related charges over the year.
- Employee costs: Staffing and benefit expenses amounted to Rs 3,536 crore.
- Liquidity: The firm maintains a cash balance of Rs 996 crore, supported by Rs 632 crore generated from operating activities.
On the strategic front, the company has approved the transfer of its District platform’s technology stack to its wholly owned subsidiary, Wasteland Entertainment Private Limited. The deal, valued at Rs 24.19 crore, will be completed in cash and is expected to close by May 1, 2026, along with the transition of select employees. The move is aimed at consolidating its entertainment and ticketing operations under a focused entity.
From a regulatory standpoint, statutory auditors Deloitte Haskins & Sells issued an unmodified opinion on the financial results. However, they flagged an ongoing show cause notice related to GST on delivery charges, which the company continues to contest, citing a strong legal position.
With robust revenue growth and ongoing structural tweaks, Eternal is clearly sharpening its playbook as it expands beyond its core into a broader consumer services ecosystem.
