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Tokio Marine has introduced a new benefit to its Travel Insurance: customers who purchase this product will receive a 12% discount on daily rates for vehicle rentals provided by SIXT, a German rental company with a global presence.

This advantage arose from a collaboration between the two companies and was announced on July 23, as reported by InsurTalks. The initiative aims to integrate protection and mobility into a single phase of travel planning.

While the policy covers the insured in various situations stipulated in the contract, the reduction applies to one of the most significant costs for travelers who need a car at their destination—an item that, on land routes, often competes with accommodation expenses.

This additional discount is added to other benefits already offered by the insurer, such as 24-hour telemedicine support, coverage for lost and delayed baggage, reimbursement of medical and dental expenses, repatriation service, and reduced cost for acquiring international SIM cards. Tokio Marine Travel Insurance is available in national and international versions.

However, some important details for the consumer were not specified in the announcement, including which vehicle categories are eligible, whether the discount is valid for rentals made in Brazil, whether it can be combined with the rental company's own promotions, nor for how long this condition will be maintained.

SIXT, founded in Germany in 1912 and still family-owned, manages over 2,000 service points in more than 105 countries, according to the company. Its fleet ranges from economy models to SUVs, vans, convertibles, and premium vehicles, thus serving individual, family, or business travelers.

Ramkrishna Forgings Ltd (RKFL) forecasts an improvement in quarterly exports during the financial year 2026-2027 (FY27), anticipating that exports will account for approximately 35 percent of revenue. This growth is supported by new contracts and the recovery of demand in the North American and European markets.

This statement was made by Chaitanya Jalan, Deputy Managing Director. In the financial year 2026 (FY26), RKFL's standalone operating revenue increased by 3.3 percent to reach INR 3,754.92 crore. However, export revenue declined by 19.9 percent compared to FY25, amounting to INR 1,186.55 crore versus INR 1,482.09 crore, due to weak demand and volatility in key overseas markets. Consequently, in FY26, the share of exports in standalone revenue stood at 31.6 percent, down from 40.8 percent in FY25.

In the first quarter of FY27, standalone operating revenue grew by 17.1 percent year-on-year, reaching INR 1,097.22 crore, while export revenue increased by 11 percent both year-on-year and quarterly, totaling INR 353.87 crore. The export share improved to 32.3 percent. The company aims to increase this share to approximately 35 percent in FY27 and exceed 40 percent by FY28.

Chaitanya Jalan told Business Standard: 'We expect export growth throughout the year and improvement on a quarterly basis. We should achieve approximately 35 percent as the overall export share this year and aim for 40 percent by FY28.'

Revenue from North America saw a year-on-year growth of 11.8 percent and a sequential growth of 6.5 percent in the June quarter, totaling INR 222.25 crore. European revenue increased by 9.6 percent year-on-year and 19.5 percent sequentially, reaching INR 128.41 crore.

Jalan noted that 'the past two years were very bad for North America and Europe, with significant volatility in both markets. The situation looks quite stable this year, and we are seeing good order inflows from both regions.'

RKFL has been operating in the North American market for about 15 years, while Europe has become a more significant focus for the company over the last seven to eight years. In North America, the company focuses on the passenger vehicle segment, whereas in Europe, it shows activity in the commercial transport business. Furthermore, RKFL utilizes an acquired manufacturing facility in Mexico to serve clients in North America locally. Jalan added that RKFL collaborates with customers on product redesign and cost reduction to enhance competitiveness amid geopolitical and tariff uncertainty.

He emphasized: 'Business cannot stop because of tariff announcements or wars. Companies have understood that volatility will remain and are finding ways to cope with it.'

The expected export recovery is anticipated to help RKFL utilize the production capacity created through investments of around INR 1,500–1,700 crore over the last two years. These investments covered casting, acquisitions, and subsequent expansion in acquired entities, as well as aluminum and cold stamping, and new press lines.

Overall capacity utilization in the first quarter was 68 percent after commissioning new lines at the end of FY26. Jalan predicts that investments made in FY25 will reach a utilization level of 70–80 percent during FY27, and the added capacity in FY26 should reach similar levels by the fourth quarter.

Passenger vehicles represent another channel of growth. Automotive products currently constitute about 80 percent of RKFL's total revenue. Commercial vehicles make up about 90 percent of automotive revenue, while passenger vehicles and motorcycles account for the remaining 10 percent. Over the next three to four years, RKFL expects automotive products to account for 70–75 percent of total revenue, with passenger vehicles contributing 20–25 percent of automotive revenue. In the first quarter, the company received passenger vehicle orders worth INR 228 crore and motorcycle orders worth INR 50 crore, covering four-year programs, mainly for transmission and differential components.