Edelweiss Life Insurance reported its highest-ever Claim Settlement Ratio of 99.31% in FY26, marking the 4th consecutive year its ratio has remained above 99% level. The company also achieved zero claim pendency, meaning every claim received was resolved during the financial year. This reaffirms the life insurer’s commitment to standing by its customers and their families when it matters the most.
Claim Settlement Ratio measures the percentage of death claims paid against the total claims received and is among the most important indicators of an insurer’s ability to honour its commitments to policyholders.
Sumit Rai, MD & CEO, Edelweiss Life Insurance, said, “Life insurance relies on trust because its value is realised several years after the purchase. It denotes a promise that the policyholder made to their loved ones and we consider it our utmost honour to deliver on that promise so that their aspirations remain intact. This number reflects our commitment to ensuring that genuine claims are settled with speed, care, and transparency.”
Under its Insta-Claims initiative, the life insurer settled 84% of eligible claims within 24 hours, helping beneficiaries access funds quickly and reducing uncertainty during emotionally challenging times.
The company’s claims performance is the outcome of a sustained focus on building trust at every stage of the customer journey. By combining robust risk assessment, digital innovation and a customer-first approach, Edelweiss Life continues to strengthen its ability to deliver on its promises - ensuring that when families need support the most, they can count on the company to deliver.
About Edelweiss Life Insurance
Edelweiss Life Insurance established nationwide operations in July 2011 with an immovable focus on protecting people’s dreams and aspirations. The company has been focussed on bringing innovation, simplicity, and a new-age approach to life insurance, aligned with the expectations of the customer today. With a customer-centric approach, the company has been operating as a multi-channel distribution business to effectively serve its customers across the country.
Awards:
The company has earned recognition from several reputed industry forums over the years. Here are some noteworthy awards:
· Recognized as Great Place to Work for 6 consecutive years
· Organ donation initiative recognised as Best CSR initiative – Life Category at FICCI Insurance Industry Awards 2023
· Golden Peacock Award 2023 for Risk Management
· Most Trusted BFSI Brands in 2023-2024 by the Marksmen Network
· ‘Bolt’ recognised under ‘Public & Private Collaboration’ category at NASSCOM Foundation TechForGood Awards 2024
· Recognized as Best Customer Retention Initiative of the Year at the 7th Edition Quantic India CX Excellence Awards 2025
· Recognized as BFSI Team for Excellence in Fraud Risk Management at FinCrimeExpert Conclave and Awards 2025
· GUINNESS WORLD RECORDS title for collecting the highest number of pledges for organ donation in a single day
Thursday, July 9, 2026
Millennials Now Represent 55% Of India’s C-Suite As Leadership Paths Become Less Linear: LinkedIn
* 84% of Indian C-Suite leaders say inputs from AI tools are now a key step in their decision making process
* 82% of CMOs say they feel the pressure to move faster on AI before they can effectively measure its impact
India’s path to the C-Suite is becoming broader and less linear as AI changes how businesses make decisions. Latest platform data from LinkedIn, the world’s largest professional network, finds that Millennials now represent 55% of India’s C-Suite, making them the largest generational cohort among senior executives in India. Millennial representation in India’s C-Suite has grown 14.5% over the last seven years, reflecting a broader shift in India’s leadership market.
Career breadth is becoming part of India’s leadership advantage
LinkedIn platform data shows that single industry experience among India’s C-Suite leaders has dropped from around 80% to 58%, pointing to a leadership market where exposure across companies, functions and business contexts matters more. New LinkedIn research finds that AI is adding urgency to this shift, with 84% of Indian C-Suite leaders saying it is creating new roles in their organisation, a sentiment felt most strongly by CMOs (94%). Leaders are also using AI more directly in decision making, with 84% saying inputs from AI tools are now a key step.
Kumaresh Pattabiraman, India Country Manager and VP LSS Product, LinkedIn, said, “India’s C Suite is entering a more demanding phase of leadership. AI is shortening the shelf life of old playbooks, which means leaders need to navigate this change, make faster decisions and measure success without a clear roadmap staying open to new evidence. The strongest leaders will be those who can use AI as a sharper input to judgment, bring technology, talent and business teams into the conversation earlier, and spot capability gaps before they become business gaps. The real advantage will come from leaders who keep learning as fast as the market is changing.”
Speed is becoming the new leadership tension
Nearly 4 in 5 Indian C-Suite leaders say they are under pressure to move faster on AI than they can effectively measure its impact. This pressure is highest among CMOs (82%) and CTOs (81%), reflecting how AI is rapidly changing customer engagement and technology adoption. At the same time, 39% of Indian C-Suite leaders cite making decisions at speed amid constant uncertainty as a top challenge, particularly among CMOs (46%) and CEOs (43%), showing that the biggest leadership test is decision quality at speed.
Workforce visibility is becoming a C-Suite blind spot
As AI changes roles and capabilities, 51% of Indian C-Suite leaders acknowledge a workforce blind spot around the future roles, skills and capabilities their organisations will need. This is most pronounced among CMOs at 58%. The data shows that workforce planning is no longer only an HR priority. It is becoming a shared leadership challenge that cuts across business growth, technology adoption, customer strategy and organisational design.
Innovation is the clearest expectation from AI investments
Nearly 9 in 10 Indian C-Suite leaders say innovation is the most important outcome of their organisation’s AI investments. This expectation is strongest among CMOs at 92%, followed closely by CEOs and CTOs at 91% each, and CHROs at 82%. As AI moves deeper into business operations, leaders are looking beyond productivity alone and focusing on how the technology can help organisations create new products, improve customer experiences, unlock new ways of working and build stronger competitive advantage.
AI skills are rising fastest at the top
As leadership roles evolve, the skills expected of senior executives are changing too. Four of India’s top five fastest growing C-Suite skills are AI related, including AI Agents, AI Productivity, Retrieval Augmented Generation and AI Strategy. AI Agents is the fastest growing C-Suite skill in India, with roughly 18.6% year-on-year growth. Specialised skills related to AI and technical expertise are also up 10.9% since 2020, pointing to a sharper shift in what senior leaders need as AI becomes more central to business strategy.
Methodology
C-suite Sentiment Research: The research was conducted by Censuswide, among a sample of 1,252 CEO, Chief Human Resources Officer / Chief People Officer, Chief Technology Officer / Chief Information Officer, Chief Marketing Officer, Chief Communications Officer (aged 22+) across the US, UK, and India (501, 501, and 250 respondents respectively). Minimum of 50 (India) and 100 (US and UK) of each four job titles: CEO, CHRO / CPO, CTO / CIO, CMO. The data was collected between 07.05.2026 - 13.05.2026. Censuswide is a member of the Market Research Society (MRS) and the British Polling Council (BPC), and a signatory of the Global Data Quality Pledge. Censuswide adheres to the MRS Code of Conduct and ESOMAR principles.
LinkedIn Hiring Rate: The LinkedIn Hiring Rate is the percentage of LinkedIn members who added a new employer to their profile (in the same month the new job began), divided by the total number of LinkedIn members in the country.The global LinkedIn Hiring Rate is the median LinkedIn Hiring Rate across the U.S., Canada, Brazil, Australia, India, Singapore, France, Germany, the Netherlands, and the UK.
Executive Confidence Index: LinkedIn Executive Confidence Index is an online survey taken by 5,000+ LinkedIn members (at the VP-level or above) in 11 Countries (US, India, UK, Canada, Australia, Germany, Brazil, France, Spain, Italy, Net) every quarter. Members are randomly sampled and must be opted into research to participate. We analyze data in aggregate and will always respect member privacy. The results represent the world as seen through the lens of LinkedIn’s membership; variances between LinkedIn’s membership and the overall market population are not accounted for. Data is weighted by Seniority and Industry to ensure fair representation of executives on the platform.
The results represent the world as seen through the lens of LinkedIn’s membership; variances between LinkedIn’s membership and the overall market population are not accounted for.
About LinkedIn
LinkedIn connects the world’s professionals to make them more productive and successful and transforms how companies hire, learn, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has over 1.3 billion members and has offices around the globe. www.linkedin.com / mobile.linkedin.com
Samsung R&D Institute India-Bangalore’s Notebook Initiative Reaches Over 2 Lakh Students Across Karnataka
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A decade ago, employees at Samsung R&D Institute India-Bangalore (SRI-B) noticed a recurring challenge during visits to government schools in Karnataka. While attendance remained high, many students lacked something fundamental to learning—basic notebooks and stationery.
That observation led to an employee-driven initiative that has since reached more than 2 lakh students across the state. Since 2015, SRI-B has distributed nearly 15 lakh notebooks, with this year’s drive providing 42,819 notebooks to 7,620 students across 195 government schools in Kolar district. More than 100 SRI-B employees volunteered in this year’s initiative, visiting schools to distribute notebooks and interact with students.
“At SRI-B, innovation and education go hand in hand. As engineers and innovators, we understand the transformative power of learning. A notebook may appear simple, but for a child it represents opportunity, confidence and the freedom to dream. Through this initiative, we hope to empower students with the resources they need to write their own success stories and build a brighter future,” said Mohan Rao Goli, Corporate Vice President and Managing Director, Samsung R&D Institute India-Bangalore.
The notebook donation initiative was launched in 2015 after SRI-B employees, during visits to government schools, found that many students attended classes regularly despite lacking basic learning materials such as notebooks and stationery. What began as a small employee-led effort has since grown into one of SRI-B’s longest-running community initiatives.
Over the years, SRI-B has expanded its support for government schools beyond notebooks. The institute has donated tablets, student desks, flipboards, school kits and RO water filters, while also undertaking infrastructure projects including rebuilding a government school in Kembodi, repainting school buildings and, most recently, refurbishing the Government Higher Primary School in Bodenahalli.
The notebook initiative reflects SRI-B’s long-term commitment to supporting education in communities around its Bengaluru campus. Through employee volunteering and sustained investment in learning resources and school infrastructure, the institute continues to help create better learning environments for students across Karnataka.
Wednesday, July 8, 2026
Air India’s Maharaja Club Partners With Professional Golf Tour Of India To Support The Growth Of Golf In The Country
* Partnership will unlock curated experiences at select tournaments, including privileged access, hospitality and member engagement opportunities for Maharaja Club members
Air India’s award-winning frequent flyer programme, Maharaja Club, today announced a partnership with the Professional Golf Tour of India (PGTI), under which Maharaja Club will be the Official Travel Partner for DP World PGTI tournaments across India from August 2026 to April 2027.
The partnership brings together two brands committed to excellence and reflects Maharaja Club’s growing focus on delivering distinctive lifestyle experiences beyond travel. Through the association, Maharaja Club will support the continued growth of professional golf in India while offering members unique opportunities to engage with the sport.
As the Official Travel Partner, Maharaja Club will facilitate seamless travel support for players and officials participating in DP World PGTI events across the tournament calendar, enabling them to focus on performance and competition.
The partnership will also unlock curated experiences at select tournaments, including privileged access, hospitality and member engagement opportunities for Maharaja Club members. These initiatives further strengthen Maharaja Club’s positioning as one of India’s leading travel and lifestyle loyalty programmes.
Mr. Kapil Dev, President, DP World PGTI, expressed his enthusiasm about the collaboration: “We are delighted to welcome Air India as the Official Travel Partner of the DP World Professional Golf Tour of India. As the Tour expands its footprint and continues to raise the bar for professional golf in India, having a trusted and iconic brand like Air India Maharaja Club by our side adds tremendous value. This partnership will ensure our players, officials and stakeholders enjoy seamless travel, allowing them to focus entirely on performance and excellence.”
Mr. Nipun Aggarwal, Chief Commercial Officer, Air India, said: “We are delighted to partner with the DP World Professional Golf Tour of India and contribute to the development of golf in the country. At Air India, we are committed to supporting sporting excellence by enabling seamless travel experiences. Through this partnership, we aim to support players as they compete across the country while also creating unique and memorable experiences for our Maharaja Club members.”
The partnership will be activated across DP World PGTI tournaments throughout the season through curated fan engagement initiatives. Leveraging its extensive domestic and international network, Air India will also support DP World PGTI’s ambition of expanding the reach and profile of Indian golf, both within the country and on the global stage.
About Air India Group
The Air India Group – comprising full-service global airline, Air India, and value carrier, Air India Express – is spearheading a new era of Indian aviation. The Air India story began in 1932 when JRD Tata piloted the airline’s inaugural flight and opened the skies for aviation in India. Today, Air India Group employs more than 30,000 people, operates over 300 aircraft and carries travellers to 60 domestic and 51 international destinations across five continents.
Returning to Tata Sons in 2022 following 70 years under Government ownership, Air India Group is in the midst of a five-year transformation programme, Vihaan.AI. As part of the transformation, Air India has placed orders for 600 new aircraft. In addition to taking new aircraft deliveries, Air India is progressively retrofitting all its legacy aircraft.
The Air India Group operates South Asia’s largest aviation training academy in Gurugram, India. The construction of a new flying school and a greenfield maintenance base is in progress.
With transformation underway across all facets of the business and India’s rich legacy of hospitality, Air India is committed to being a world class global airline with an Indian heart.
For more news on Air India, visit http://www.airindia.com/newsroom
Yamaha’s Performance EV Aerox E launched In India At Rs 2.81 Lakh
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Reinforcing its commitment to sustainable mobility and building on the momentum of its expanding EV portfolio, India Yamaha Motor (IYM) Pvt. Ltd. today announced the price and availability of the Aerox E, its high-performance electric scooter developed in India for premium urban mobility. Offered in Bluish White Cocktail, the Aerox E will be available at Yamaha Blue Square Showrooms in select cities at a price of Rs 2.81 lakh (Ex-showroom, Delhi).
The Aerox E further advances the electrification roadmap of IYM in India, combining engaging performance, premium design, and dependable technology tailored to evolving urban mobility needs. Building on the success of the Aerox lineage and Yamaha’s globally acclaimed Maxi Sports DNA, the Aerox E is powered by a Permanent Magnet Synchronous Motor (PMSM) delivering 9.4 kW peak power and 48 Nm torque. This high-output system provides instant acceleration and confident manoeuvrability, enabling quicker overtakes and a more responsive ride. With a certified range of 117-km, customers benefit from practical daily commuting with fewer charging interruptions. A top speed of 95.5 km/h ensures a dynamic yet stable ride experience for urban commutes.
The Aerox E offers three ride modes – Eco, Standard, and Power – enabling riders to tailor performance to traffic conditions and range requirements, thereby improving efficiency without compromising responsiveness. A Boost function provides rapid acceleration when needed, while a reverse mode simplifies parking and handling in tight spaces. It is equipped with dual removable batteries (1.5 kWh each, 30Ah capacity) engineered for efficient power delivery and everyday convenience. Each battery charges in approximately 3 hours and 10 minutes, minimizing downtime. Ergonomic grips allow effortless removal for home charging, and the ability to operate with a single battery provides added flexibility, ensuring uninterrupted mobility while the other battery is charging. The battery comes with a 3-year or 30,000 km warranty.
Retaining the core DNA of a true Maxi Sports Scooter, the Aerox E embodies Yamaha’s Heart-Shaking Speedster design philosophy through its proud body size, athletic proportions, and distinctive ‘X’ motif – enhancing road presence as well as rider confidence. Sharp LED headlights and an LED taillight with flashers improve visibility and safety while delivering a premium and innovative appearance. Revised ergonomics aligned with vehicle dynamics provide a comfortable yet sporty riding posture for daily commutes.
Additionally, the Aerox E is equipped with a Traction Control System (TCS) and front and rear disc brakes with single-channel ABS, enhancing rider confidence through improved grip and controlled braking. The scooter features a 5-inch colour TFT display with turn-by-turn navigation, enabling riders to stay informed without distraction. Y-Connect mobile app integration offers Multi-Information Display functions, maintenance reminders, and last parked location – delivering smarter ownership and everyday convenience. A smart key system and externally positioned charging port further enhance ease of use and accessibility.
Designed for modern urban achievers who value performance and exclusivity, the Aerox E sets a benchmark in the premium electric scooter segment. Through localized development and production, Yamaha aims to play a meaningful role in India’s evolving EV ecosystem.
Sparx Launches Chunky Sole Sandals, Bringing Fashion-First Comfort To Everyday Style
Confident, contemporary and unmistakably fashion-forward, the range combines elevated chunky soles with comfort, creating sandals that feel as relevant on city streets as they do on weekend getaways, vacations or everyday adventures.
Designed with a modern lifestyle in mind, the collection pairs sculpted soles with sporty construction, durable materials and versatile colourways that complement everything from relaxed denims and cargos to shorts and athleisure. Adjustable straps ensure a secure fit, while enhanced cushioning and lightweight engineering make the sandals comfortable from morning commutes to late-evening plans. The result is footwear that doesn't ask consumers to choose between style and comfort—it delivers both.
The launch marks another step in Sparx's evolving fashion-first design philosophy. The Chunky Sole Sandals embody a new generation of casual footwear, bold enough to stand out, versatile enough to fit seamlessly into daily life and comfortable enough to keep pace with every moment.
To introduce the collection, Sparx has partnered with actor Chunky Pandey in a campaign that cleverly plays on the unmistakable connection between his iconic name and the product itself. Infused with humour, personality and internet culture, the campaign transforms a simple play on words into a memorable celebration of contemporary style while keeping the spotlight firmly on the product.
With the launch of Chunky Sole Sandals, Sparx continues to expand its fashion-led portfolio, translating globally relevant trends into products that resonate with Indian consumers. As contemporary wardrobes continue to embrace statement footwear, the collection offers an effortless blend of confidence, comfort and modern style, proving that the right pair of sandals can be just as defining as the outfit itself.
About Relaxo Footwears Ltd.
Incorporated in 1984, Relaxo is the largest footwear manufacturer in India and has been serving the nation for four decades. Ranked among the top 500 Most Valuable Companies (Fortune 500 India), Relaxo is synonymous with quality products and affordable prices. It manufactures slippers, sandals, and sports & casual shoes.
Its most popular brands – Relaxo, Sparx, Flite, and Bahamas – each lead their respective segments. Relaxo, an iconic brand known for its rubber slippers, is a versatile choice for all sections of society. Flite offers a stylish range of fashionable and semi-formal slippers. Sparx reflects the attitude, style, and energy of young India through its sports shoes, sandals, and slippers. Bahamas captures the spirit of freedom, fun, and youth through its vibrant flip-flops.
With a pan-India distribution footprint, Relaxo also operates a strong network of 400+ exclusive retail outlets, and its products are widely available across major e-commerce platforms, large-format stores, and global markets.
For more information: https://relaxofootwear.com/collections/sparx
Aratt Developers Completes Luxury Residential Project 'Aratt Alchemy One'; Marks Debut Of Alchemy Series In Bengaluru
Aratt Developers today announced the completion and inauguration of Aratt Alchemy One, the first development under its luxury residential platform, The Alchemy Series. The project is now ready for possession, marking the company's strategic expansion into Bengaluru's luxury housing market.
Located on Old Madras Road, the project forms part of the company's long-term strategy to strengthen its presence in one of Bengaluru's high-growth residential corridors, driven by infrastructure expansion, employment hubs, and improving connectivity. Launched at approximately ₹6,000 per sq. ft., the project is currently priced at around ₹12,000 per sq. ft., reflecting an appreciation of nearly 100%, supported by sustained demand for luxury housing across East Bengaluru and continued infrastructure-led growth in the micro-market.
Aratt Alchemy One comprises 174 luxury residences across thoughtfully designed 2 and 3 BHK configurations, ranging from 951 sq. ft. to 1,482 sq. ft. The G+23 residential tower has been designed around the concept of concierge living, combining contemporary architecture, efficient space planning, and lifestyle-led community experiences.
Designed as a lifestyle-focused residential community, Aratt Alchemy One offers over 25 amenities, including a clubhouse, co-working space, business lounge, reading library, yoga deck, gymnasium, lap pool, toddler pool, multipurpose sports court, landscaped open spaces, outdoor seating areas and dedicated wellness zones. The development has also incorporated sustainability-focused infrastructure such as a water treatment plant, sewage treatment plant, organic waste converter, water-efficient sanitary fixtures and provision for piped natural gas, reflecting the company's emphasis on environmentally responsible urban development.
The project enjoys seamless connectivity to Bengaluru's major commercial and residential destinations, including KR Puram (5.5 km), Whitefield (10 km), Indiranagar (14 km), Marathahalli (17 km) and Kempegowda International Airport (27 km). It is also situated close to key employment hubs such as ITPL, RMZ Infinity, GR Tech Park and KIADB Aerospace SEZ, making it an attractive residential destination for technology professionals, GCC executives, entrepreneurs, NRIs and discerning homebuyers seeking luxury urban living.
Commenting on the completion of the project, Mr. Vishal Vincent Tony, Managing Director, Aratt Developers, said "The completion of Aratt Alchemy One is a significant milestone for Aratt Developers as it marks the successful delivery of the first project under our luxury Alchemy Series. Today's homebuyers are looking for more than just a residence, they seek thoughtfully designed communities that combine superior construction quality, contemporary design, wellness, sustainability and long-term value creation. With Alchemy One, we have created a development that reflects these evolving aspirations while reinforcing our commitment to delivering high-quality residential communities in Bengaluru. As we look ahead, the Alchemy Series will continue to shape our luxury housing portfolio, with several new developments planned across key growth corridors in the city."
With the successful completion of Aratt Alchemy One, the company plans to further strengthen its presence in Bengaluru's luxury residential market through the expansion of its luxury Alchemy Series consisting of Alchemy Elixir located in Electronic City Phase 1 and Alchemy Essence in Hennur, which are key growth corridors in the city.
With over 25 years of experience, 37 completed projects, 20 million sq. ft. delivered and more than 26,000 happy families, Aratt Developers continues to strengthen its presence across Bengaluru through design-led residential communities focused on quality, sustainability and long-term value creation.
ABOUT ARATT DEVELOPERS
Aratt Developers is a Bengaluru-based real estate development company with over 25 years of experience delivering residential, commercial and mixed-use projects that combine contemporary design, quality construction and customer-focused execution. Rooted in the belief that “we build relationships first, buildings next,” Aratt draws on in-house architectural expertise, robust project management and partnerships with best-in-class brands for construction materials. With a portfolio spanning thoughtfully designed homes, commercial spaces and integrated townships, Aratt is committed to creating built environments that reflect evolving lifestyles while delivering on transparency, reliability and value.
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