Tuesday, June 30, 2026

Apollo Hospitals, Bangalore Becomes First To Receive Dual American Heart Association Certification For Stroke And Chest Pain Care

Apollo Hospitals, Bangalore has become the first hospital in India to receive both the Comprehensive Stroke Center and Comprehensive Chest Pain Center certifications from the American Heart Association® (AHA), marking a significant milestone in emergency care for two of the country's most time-critical medical conditions.

Stroke is the fourth leading cause of death and the fifth leading cause of disability in India, while cardiovascular disease accounts for nearly 36% of all deaths among adults aged 30–69 years[1]. As the burden of these conditions continues to rise, improving hospital preparedness and reducing the time taken to diagnose and treat patients have become critical to improving survival and recovery. Karnataka is estimated to have around 500,000 people living with stroke, placing a significant burden on the state's healthcare system.[2] At the same time, Apollo Hospitals' Health of the Nation 2026 report found that 45% of asymptomatic individuals who underwent coronary calcium scoring already showed evidence of coronary artery calcification, highlighting how serious heart disease often develops without warning until an emergency occurs.

Against this backdrop, the dual certification follows an independent evaluation of the hospital's preparedness to manage patients with suspected stroke or acute heart attack—from arrival in the emergency department through diagnosis, intervention and critical care.

In both stroke and acute heart attack, every minute influences the chances of survival and long-term recovery. With cardiovascular disease and stroke continuing to place a significant burden on India's healthcare system, improving emergency preparedness has become as important as expanding access to specialised treatment.

Unlike programmes that assess individual departments, these certifications evaluate how an entire hospital functions during medical emergencies. Emergency physicians, neurologists, cardiologists, radiologists, interventional specialists, intensive care teams and nursing staff are assessed on their ability to work seamlessly through standardised care pathways designed to minimise delays and improve outcomes.

D.P. Suresh, M.D., FAHA, Incoming Chair of the American Heart Association's International Committee, said, "For people experiencing stroke or an acute heart attack, timely diagnosis and coordinated treatment can significantly influence recovery. The American Heart Association's certification programmes recognise hospitals that demonstrate consistent adherence to internationally accepted standards across the continuum of emergency care. Apollo Hospitals, Bangalore has successfully met the rigorous requirements for both Comprehensive Stroke Center and Comprehensive Chest Pain Center certification."

Commenting on the milestone, Dr. A.N. Venkatesh, Senior Consultant, Head and Regional Director, Emergency Departments, Apollo Hospitals, Karnataka, said, "When someone arrives with symptoms of a stroke or heart attack, every clinical decision must be made quickly and in a coordinated sequence. That demands experienced teams, clearly defined treatment pathways and seamless collaboration across specialties. This milestone reflects years of strengthening our emergency response processes so that patients receive the right intervention at the earliest possible opportunity."

The Comprehensive Stroke Center certification recognises hospitals equipped to manage complex stroke cases through advanced imaging, specialised neurological expertise, emergency interventions and continuous monitoring. The Comprehensive Chest Pain Center certification acknowledges hospitals that can rapidly identify and treat acute coronary syndromes, including ST-elevation myocardial infarction (STEMI), where restoring blood flow without delay is critical.

Akshay Oleti, CEO, Apollo Hospitals, Karnataka Region, added, "Clinical excellence today extends beyond medical expertise to the strength of the systems that support patient care. Benchmarking against internationally recognised standards encourages continuous improvement, greater consistency in care delivery and stronger organisational readiness during medical emergencies. This achievement reinforces our focus on building resilient care models that can respond effectively when every minute matters."

The American Heart Association's certification programmes encourage hospitals to adopt globally benchmarked approaches for managing cardiac and stroke emergencies. By evaluating emergency readiness, multidisciplinary coordination, clinical governance and continuous quality improvement, the programme promotes structured systems of care aimed at improving outcomes for patients facing life-threatening cardiovascular and neurological emergencies.

Sony Introduces True RGB Technology Backed By RGB Backlight Master Drive Pro™ In India With Launch Of BRAVIA 9II And BRAVIA 7II

* Featuring Sony's breakthrough True RGB technology, BRAVIA 9II and BRAVIA 7II powered by RGB Backlight Master Drive Pro, Acoustic Multi-Audio+™ with beam tweeter and Google TV with Gemini to deliver Sony’s most immersive cinematic viewing and listening experience at home

BRAVIA 9II True RGB - The Future of Colour is here

Sony India today announced the launch of BRAVIA 9II, the newest addition to its premium BRAVIA television lineup and the Sony's flagship True RGB television for 2026. Building on the success of the recently launched BRAVIA 7II, which introduced Sony's next-generation True RGB display technology to Indian consumers, the BRAVIA 9II brings Sony's most advanced picture and sound innovations together to deliver the ultimate cinematic viewing experience at home.

Both the models are powered by Sony’s proprietary RGB Backlight Master Drive Pro, which precisely controls independently driven red, green, and blue light sources, enabling the new BRAVIA True RGB TV models achieve the largest colour volume ever in Sony’s home TV history, delivering the accurate colour reproduction from wider viewing angle, in bright home environment.

Flagship Launch of BRAVIA 9II: The most advanced expression of True RGB technology

At the heart of BRAVIA 9II is Sony's revolutionary True RGB technology, representing the brand's most advanced implementation of RGB display innovation to date. Unlike conventional LED televisions, True RGB independently controls red, green and blue LEDs through RGB Backlight Master Drive Pro™, enabling significantly wider colour volume, enhanced brightness, deeper blacks and remarkably lifelike picture quality.

Working together with Advanced AI Cognitive Processor XR™, Sony's advanced RGB architecture intelligently analyses every scene in real time to optimise colour, contrast and brightness while faithfully preserving the creator's original intent.

Purpose-built for premium large-screen entertainment, the BRAVIA 9II features newly developed LED controllers that deliver Sony's highest level of backlight control. Combined with RGB Triluminos Max™, Luminance Booster Pro™ and Smooth Colour Gradation, the television produces purer primary light before it reaches the panel, reproducing richer colours, smoother tonal transitions and more accurate hues, even at higher brightness levels for exceptional viewing in bright living room environments.

The BRAVIA 9II comes with exclusives features that further elevates the viewing experience with Immersive Black Screen Pro, a newly engineered glare-free, low-reflection screen treatment that delivers deeper blacks while revealing fine details in darker scenes.

Complementing the exceptional sound quality is Acoustic Multi-Audio+™ with Sound Positioning Tweeters and Up-Firing Beam Tweeters, delivering precisely positioned sound that matches on-screen action.

A Unified Cinematic Experience Across BRAVIA 9II and BRAVIA 7II

· First True RGB LED BRAVIA TVs: the BRAVIA 9II and BRAVIA 7II, each using independently driven red, green, and blue LEDs for precise colour reproduction in bright living room environments.

· True RGB Televisions offers Dolby Vision®, Dolby Atmos®, DTS:X®, and IMAX® Enhanced. The result is a viewing experience that maintains creator-intended colour, depth, and detail under real world conditions.

· Powered by XR Contrast Booster, BRAVIA 9II and BRAVIA 7II achieves exceptional peak brightness while maintaining deep, detailed blacks for enhanced depth and realism.

· Unprecedented Colour Volume: Independent control of RGB LEDs achieves the largest colour volume in Sony’s home TV history, delivering high colour gamut, contrast, depth, and beautiful gradation. Powered by Sony’s RGB Backlight Master Drive Pro which drives each LED with high precision, improving brightness, reducing blooming, and producing purer colour than conventional Mini LED displays.

· Wide Viewing Angles: Independent RGB LED driving and the X-Wide Angle Pro ensure beautiful images and consistent colours from wide viewing angle.

· Large Screen for Immersive Experience: The True RGB series BRAVIA 9II & BRAVIA 7II both offers most immersive size options for large format cinematic viewing and also maintaining ease of installation and integration.

· Elevated Audio Experience: Full range speakers[i] deliver a solid sound while enhancing dialogue clarity with Voice Zoom 3™, powered by AI. Also, our evolved 3D Surround Upscaling expands stereo to wider 3D surround.

· Harmonic Presence: The flagship design integrates effortlessly into any space, featuring a wave textured bezel and a Mirage stand[ii] that creates a floating, cable free look, allowing the screen to serve as décor even when not in use.

· My Cinema, optimising picture and sound for film first viewing

· Ambient Optimization, automatically adapts picture and audio to room condition and viewing position

· “Studio Calibrated” modes for platforms, including Netflix, Prime Video, and SONY PICTURES CORE (availability varies by region)

Discover effortless entertainment with Google TV and Gemini

Powered by Google TV, The True RGB televisions bring together movies, TV shows, apps and games into a personalized entertainment experience. Gemini for Google TV will be introduced via a future over-the-air update, enabling more natural AI-powered interactions.

Experience studio-quality entertainment with Sony Pictures Core

Enjoy blockbuster movies, including IMAX® Enhanced titles, with Sony Pictures Core. Powered by Pure Stream™, users can experience near 4K UHD Blu-ray quality and receive 10 movie credits valid for 24 months.

Premium design with everyday convenience

Featuring an Immersive Frame and Mirage Stand, BRAVIA 9II and BRAVIA 7II blend seamlessly into modern living spaces with concealed cable management. The Inclusive Premium Remote offers USB Type-C charging, backlit buttons and Find My Remote for added accessibility and convenience.

Price and Availability

Sony's True RGB television portfolio now spans screen sizes from 55-inch (140 cm) to 85-Inch (215 cm) offering consumers a wider choice of premium televisions across different home entertainment needs.

The True RGB Televisions, https://www.sony.co.in/bravia/products/bravia-9m2 and BRAVIA 7II will be available across Sony retail stores (Sony Centre and Sony Exclusive), ShopatSC.com, leading electronic outlets and major e-commerce platforms across India.

 

Model

Screen Size

MRP (INR)

Best Buy (INR)

Availability

BRAVIA 9II

75 (190 cm)

8,39,900/-

5,39,990/-

29th June 2026 Onwards

85 (215 cm)

9,89,900/-

669,990/-

BRAVIA 7II

55 (140 cm)

3,59,900/-

2,21,990/-

Available now

65 (165 cm)

4,39,900/-

2,74,990/-

75 (190 cm)

6,19,900/-

4,19,990

85 (215 cm)

7,19,900/-

5,29,990

 

 About Sony India Pvt. Ltd.


Sony India Private Limited (Sony India), a private limited company with its ultimate holding company as Sony Group Corporation, Japan, has established itself as a premium brand in various product categories including television, digital imaging, personal audio, home entertainment, gaming, car audio, and professional solutions. The company places a strong emphasis on customer satisfaction and maintains high standards in sales and services. Sony also prioritizes environmental sustainability, aiming to achieve a zero environmental footprint throughout the lifecycle of its products and business activities to contribute to a healthier and enriched life for all of humanity and future generations.

New Toll-Paid Customer Care Number - 080 6500 6500  

Kotak Mahindra Bank To acquire Deutsche Bank’s Retail Banking, Private Banking And Wealth Management Business In India

* A strong strategic fit with Kotak’s affluent and SME focus; consistent with Deutsche Bank’s Global Hausbank strategy

Kotak Mahindra Bank Ltd. (“KMBL” / “Kotak”) and Deutsche Bank AG (XETRA: DBKGn.DB / NYSE: DB), acting through its India branch, today announced that they have entered into a definitive agreement for Kotak to acquire Deutsche Bank’s retail banking, affluent private banking and wealth management business in India.

The business comprises approximately INR 29,000 crore (Euro ~2.7 billion) in loans, INR 16,000 crore (Euro ~1.5 billion) in deposits and INR 10,500 crore (Euro ~1.0 billion) of assets under management and serves around 150,000 customers through a team of about 1,000 employees.

Commenting on the acquisition, Ashok Vaswani, Managing Director and CEO, Kotak Mahindra Bank, said, “This transaction aligns well with our focus on the affluent and SME segments. It is a strong strategic fit and makes sound commercial sense. It also brings a high-quality customer franchise and experienced teams and adds incremental scale and adjacency opportunities. We look forward to warmly welcoming these customers and colleagues to the Kotak family and our priority will be on disciplined integration and ensuring continuity, while building further depth and capability in this business.”

Kaushik Shaparia, CEO, Deutsche Bank Group India and Emerging Asia, said, “This transaction marks an important step in sharpening Deutsche Bank’s portfolio and focusing on areas where we have scale, strength, and the ability to deliver sustained returns. India’s growing integration into the global economy reinforces its position as a core market for Deutsche Bank. As the leading European bank in the country, we are closely aligned with India’s economic priorities, underpinned by our strong Corporate Bank and Investment Bank and the continued growth of our businesses, including DWS. We believe Kotak Mahindra Bank provides a strong domestic platform to ensure long-term continuity for our onshore private banking and wealth clients, while creating meaningful growth opportunities for our employees.”

The acquisition reflects Kotak’s inorganic growth strategy of pursuing targeted opportunities that strengthen its core franchise. Kotak’s established presence in these segments, alongside a relationship-led approach and its broader suite of banking and investment solutions position it well to provide Deutsche Bank’s customers with a seamless and integrated experience post transition. For Deutsche Bank, this step aligns with the group's Global Hausbank strategy of simplifying the business and focusing on competitive strengths, including Private Bank’s continued focus on global ultra-high net worth clients (including non-resident Indians) outside of India.

Both banks will work closely to ensure continuity of service for customers throughout the transition and post-closing. Approximately 1,000 Deutsche Bank employees in India are expected to join Kotak as part of this transaction, underscoring the importance both banks place on continuity for customers and long-term opportunities for employees.

Closing, including onboarding of customer relationships, employees and associated products, is expected by September 2027, subject to applicable regulatory approvals (including from the Competition Commission of India) and other customary conditions precedent.

At closing, the transaction is expected to be ROE[1] accretive for Kotak bank and CET1[2] accretive for Deutsche Bank.

Merlinhawk Composites Inaugurates Advanced Composites Facility At Shoolagiri In Tamil Nadu Defence Corridor

Photo Caption: From L to R: Roberto Lapini - Chief Executive Officer, Vega Composites | Cmde Bharat Bhushan Nagpal, IN (Retd) - CEO, Merlinhawk composites | Admiral Dinesh K Tripathi, PVSM (Param Vishisht Seva Medal), AVSM (Ati Vishisht Seva Medal), NM (Nao Sena Medal), Former Chief of the Naval Staff (CNS) | R. Ramachadra Rao, Founder & Managing Director, Merlinhawk Aerospace Pvt. Ltd. | Nicola Cigolotti - CTO & Head Business Development, Vega Composites.

· India–Italy Collaboration Positions India as Emerging Hub for Next-Generation Aerospace Manufacturing

Merlinhawk Aerospace Pvt. Ltd., in partnership with Italy-based Vega Composites, today inaugurated its advanced composites manufacturing facility – Merlinhawk Composites & Engineering Pvt. Ltd. at Shoolagiri in the Tamil Nadu Defence Industrial Corridor, marking a significant step in India’s evolution as a globally competitive aerospace manufacturing hub.

The facility was inaugurated by Admiral Dinesh K Tripathi, PVSM, AVSM, NM, Former Chief of Navy Staff (CNS), in the presence of senior industry leaders, global partners, and key stakeholders from India’s defence and manufacturing ecosystem.

This milestone formalises a strategic India–Italy collaboration, bringing together global expertise in advanced materials and manufacturing technologies with India’s growing engineering and industrial capabilities.

Speaking on the occasion, Admiral Dinesh K Tripathi, PVSM, AVSM, NM, Former CNS said: “It is heartening to note that Merlinhawk Aerospace, for the last four decades, has been at the forefront in developing indigenous solutions for high end avionics technology and has indigenised large number of components in line with the nation’s vision of Atmanirbhar Bharat. It is also noteworthy that the firm has moved into advance composite material technology with Vega Composites, Italy towards ensuring that the Indian Defence industry absorbs advanced technology into the ecosystem. I’m sure that this facility is going to be of immense importance to our nation in design and manufacturing of advance composite components for defence and aerospace industry.”

A Strategic Leap in Aerospace Manufacturing:

The Shoolagiri facility is designed to manufacture advanced composite aero structures and high-performance materials that are critical to next-generation aerospace and defence platforms, including aircraft and unmanned systems, radar, and electronic warfare structures & high-performance defence applications.

With integrated capabilities spanning cleanroom layup, precision cutting, autoclave curing, and five-axis CNC machining, the facility enables end-to-end composite manufacturing from design to delivery within India. It also reflects a deeper shift in India’s defence ecosystem - from build-to-print manufacturing to design-led, high-value engineering capabilities.

R. Ramachandra Rao, Founder & Managing Director, Merlinhawk Aerospace Pvt. Ltd., said: “This facility marks a defining step in Merlinhawk’s journey from systems engineering to advanced aerospace manufacturing. As global aerospace platforms increasingly rely on high-performance composite materials, it is critical for India to build integrated capabilities in design, materials, and manufacturing. Through our partnership with Vega Composites, we are bringing together global technology expertise and Indian engineering to create a manufacturing ecosystem that not only supports domestic programmes but also positions India as a credible player in global aerospace supply chains.”

Global Technology, Indian Manufacturing

The facility integrates globally aligned manufacturing technologies and processes, with key equipment and systems sourced from leading European partners, reinforcing its positioning as a globally compliant aerospace manufacturing centre. This collaboration enables technology transfer from Europe, strengthens capabilities in advanced materials, and supports integration into global aerospace supply chains.

Commodore (Retd.) Bharat Bhushan Nagpal, CEO, Merlinhawk Composites & Engineering Pvt. Ltd., said: “Advanced composites are at the core of modern aerospace and defence systems. This facility has been built with a clear focus on precision, quality, and compliance with global aerospace standards. Beyond manufacturing, our focus is on building long-term capability - developing skilled talent, strengthening process excellence, and creating an ecosystem that supports sustained growth in India’s high-technology manufacturing sector.”

Roberto Lapini, CEO, Vega Composites (Italy), said: “This joint venture reflects a strong and forward-looking industrial partnership between Italy and India. We see India as a strategic manufacturing base for advanced composites, with the potential to serve both domestic and global markets. Through this collaboration, we are enabling technology transfer, co-development, and the creation of globally competitive capabilities that integrate Italian expertise with India’s dynamic industrial ecosystem.”

Driving India’s Aerospace Future

Aligned with national priorities under Make in India and Atmanirbhar Bharat, the facility contributes to the indigenisation of critical aerospace technologies, strengthens the Tamil Nadu Defence Corridor ecosystem, and supports India’s integration into global aerospace manufacturing networks. At full capacity, it is expected to employ over 200 skilled professionals, with a strong focus on training, knowledge transfer, and advanced materials expertise.

From Capability to Global Relevance

The commissioning of the Merlinhawk Composites facility represents more than infrastructure creation - it signals a broader transition from component manufacturing to integrated capability building, from domestic participation to global supply chain integration, and from manufacturing scale to deeper technology-led growth.  

Uber Launches Record My Ride And Ambulance Assistance In Major Safety Push

* All new industry-first features raise the bar on ridehailing safety, Uber calls for higher standards across ridehailing industry

Uber today continued its effort to raise the bar on safety with new and industry-first safety features designed to make every trip safer for riders and drivers. The company has introduced Record My Ride, an industry-first feature that enables drivers to securely record encrypted in-cab video within the Uber app during trips using their own phones. Additionally, in an initiative to strengthen emergency response, Uber has partnered with medical logistics provider Dial 4242 to integrate Ambulance Assistance directly within its platform.

The new launches build on Uber's continued leadership in safety innovation in recent years, with industry-first features such as Audio Recording, Women Rider Preference, Helmet Selfie Verification and Seatbelt Reminders, alongside a suite of other technology-led and human interventions designed to improve safety and accountability on every trip.

Beyond technology, Uber continues to invest in partnerships and programmes that promote safer mobility. The company has been a proud partner to the Ministry of Road Transport & Highways on the Sadak Suraksha Abhiyaan using its platform to spread awareness on prioritising safety over speed, while continuing to strengthen safety for drivers and build dedicated experiences for families through products such as Uber for Teens and Uber for Seniors.

Hon’ble Union Minister for Ministry of Road Transport & Highways, Shri Nitin Gadkari, said, "Following traffic rules, wearing seat belts and helmets, sound simple but play a big role in reducing fatalities in road accidents. Technology can play an important role in spreading awareness and making our roads safer. I appreciate Uber's continued partnership on Sadak Suraksha Abhiyaan and its efforts to introduce innovations that promote safer road behaviour and improve support during emergencies."

Sooraj Nair, Head - Safety Operations, Uber India & South Asia, said, "What feels innovative today becomes expected tomorrow. That's exactly how safety should evolve. Our belief is simple: safety innovation should become the industry's baseline, not remain a differentiator. Our industry-first safety features and partnerships highlight our commitment to continually raise the bar. As expectations evolve, we hope the industry will rise up to meet them.”

New features:

Record My Ride: Drivers can now securely record encrypted in-cab video using their own phones within the Uber app if they feel unsafe during a trip. The recording remains compliant with applicable laws, encrypted, meaning neither the driver nor Uber can access them and is only accessible if the driver chooses to submit it as part of a safety report, ensuring strong privacy protections.

Ambulance Assistance: In partnership with Dial 4242, Uber has introduced Ambulance Assistance to help riders and drivers quickly request medical support following an accident during a trip on the platform. The feature is available through Uber's existing 24x7 Safety Line.

Don't Type & Drive: To mitigate distracted driving, the Uber driver app will restrict manual typing functionalities while the vehicle is in motion, prompting drivers to pull over safely before responding to messages.

Set Your Own PIN: Riders can now manually customize, manage, and mandate their own unique trip-verification PINs, ensuring full control over the trip validation process.

Alongside these new features, Uber continues to offer a range of safety features that have helped shape the expectations of ride-hailing experience over the years. Features such as RideCheck, 24x7 Safety Line, Safety Preferences, Phone and Address Anonymisation, continue to support riders and drivers before, during and after every trip. Many of these innovations were first introduced by Uber and have since become part of what riders increasingly expect from mobility platforms.

These initiatives reinforce Uber’s dedication to enhanced safety through use of technology and collaboration with experts.

About Uber

Uber came to India in 2013 with a simple promise: press a button, get a ride. Over a decade later, Uber is live in more than 125 cities and has become #IndiaKiRide - helping millions move the way they need to, every day. From Bikes and Autos to Cars, Metros, and even Buses, Uber brings together India’s diverse mobility options on a single app. Whether it’s a short trip across town or a journey between cities, with a single swipe Uber makes everyday mobility seamless for millions - while enabling more than 2 million Indians to earn a sustainable income behind the wheel. As we continue to reimagine how the world moves for the better, our ambition keeps expanding, and our commitment remains unwavering: to keep India moving forward.

Beyond Manufacturing: How Samsung Helped Build Tamil Nadu’s Electronics Manufacturing Ecosystem In Sriperumbudur

· Samsung has created opportunities for local businesses, strengthening industrial capabilities and raising manufacturing standards across the region

· Long-term partnerships, shared ambition and continuous improvement have helped build a resilient manufacturing ecosystem in Sriperumbudur

· Samsung's contribution to the region extends beyond manufacturing through community engagement and social initiatives that support long-term development

When Samsung established its manufacturing facility in Sriperumbudur in 2007, the region was already emerging as an important industrial destination. Nearly two decades later, the company’s impact extends well beyond the factory gates, helping shape one of India’s most vibrant electronics manufacturing ecosystems.

As Samsung expanded its operations, a strong network of suppliers, logistics providers and manufacturing partners grew alongside it, creating opportunities for local businesses, strengthening industrial capabilities and raising manufacturing standards across the region.

Today, the Sriperumbudur belt is home to a thriving ecosystem of component manufacturers and service partners, many of whom have steadily enhanced their capabilities to meet global benchmarks in quality, efficiency and innovation.

United Industries Plastic Private Ltd is one such example. What began as a modest operation with two manufacturing units has grown into a six-unit enterprise across Chennai, with one of its newest facilities dedicated to supporting Samsung’s requirements.

Reflecting on the journey, Keerthi Mahalingam, Director, United Industries Plastic Private Ltd, said the partnership has been about much more than business.

“Samsung treats us as partners rather than suppliers. Over the last 13 years, there has been significant knowledge transfer, from manufacturing practices to organisational systems. It has helped us evolve into a stronger company.”

As Samsung strengthened its manufacturing presence, it also introduced rigorous quality systems and workplace practices that encouraged suppliers to build stronger internal capabilities. For many partners, aligning with these standards became an opportunity to improve their own operations.

Mahalingam said Samsung’s structured approach, ranging from visitor management systems to employee welfare initiatives, has inspired partners to adopt similar practices.

“Samsung has set a very high benchmark in terms of processes, employee care and ESG practices. Their yearly audits encourage continuous improvement. We have adopted several of these practices in our own facilities, including structured transport systems and enhanced workplace standards.”

He added that Samsung’s presence has played an important role in the broader industrial growth of the region, with new supplier units being established and existing businesses expanding operations closer to the manufacturing hub.

“The entire belt has developed over the years. Many companies have grown alongside Samsung.”

The transformation is equally evident at Vignesh Polymers India Private Ltd, which has been operating in Sriperumbudur since 2007 and has partnered with Samsung for nearly 15 years.

Selvakumar, Plant Head, Vignesh Polymers, said one of the defining strengths of the partnership has been Samsung’s structured and forward-looking approach to manufacturing.

“With Samsung, planning is very systematic—from purchase schedules to delivery timelines. This helps us plan our own operations better and invest with confidence.”

Over the years, this collaborative approach has enabled suppliers to strengthen capabilities across planning, purchasing, quality and research and development.

“We have learned extensively across planning, purchasing, quality and R&D. As Samsung continues to introduce new and premium products, we also upgrade our capabilities to match global quality expectations,” he said.

This shared focus on continuous improvement has enabled partners to participate in increasingly sophisticated manufacturing processes while building expertise that supports long-term growth.

Beyond industrial capability, the expansion of the manufacturing ecosystem has also contributed to improvements in infrastructure and employment across the region.

Selvakumar said the transformation over the past decade has been significant.

“From around 2015 to today, the difference is very clear. Infrastructure has improved, roads are better, transport connectivity has strengthened, and more businesses are operating in the region. Employment opportunities have increased for local communities.”

Samsung’s contribution to the region also extends beyond manufacturing through community engagement and social initiatives that support long-term development.

“Samsung maintains strong relationships with nearby communities and schools. These initiatives also help strengthen the ecosystem,” he said.

As Sriperumbudur continues to evolve into a globally-competitive manufacturing hub, the relationship between Samsung and its partners reflects a shared commitment to capability building, knowledge sharing and continuous improvement.

For companies across the ecosystem, the journey of growth continues.

“Based on Samsung’s evolving requirements, we continue to develop ourselves,” Selvakumar said.

From enabling suppliers to expand operations and strengthening manufacturing capabilities to raising benchmarks in quality and workplace systems, Samsung’s presence has helped shape an ecosystem that continues to generate opportunities and contribute to the region’s economic development.

The story of Sriperumbudur’s rise is therefore not just one of industrial expansion, but of collaboration. Here long-term partnerships, shared ambition and continuous improvement have helped build a resilient manufacturing ecosystem that continues to power growth.  

Axis Mutual Fund Enters The MSME Segment With India’s First Digital Working Capital Management Solution

‘Axis Account Plus’, an industry-first, end-to-end digital working capital management solution helping corporates and MSMEs optimise surplus funds efficiently

Seamless digital journey with instant transactions, same day redemption, and a unified dashboard offering consolidated visibility across entities

Available for corporates and MSMEs on the Axis Mutual Fund website

Axis Mutual Fund, one of India’s leading asset management companies, has announced the launch of ‘Axis Account Plus’, India’s first end-to-end digital working capital management solution designed for corporates and MSMEs. It enables businesses to seamlessly invest surplus funds in Axis Mutual Fund eligible debt and liquid schemes through a convenient, faster solution with robust controls and inbuilt governance protocols. As businesses become more strategic about managing operating surplus, investment access must become simpler, more efficient and aligned to dynamic liquidity needs.

The launch comes at a time when India’s mutual fund industry continues to expand its role in the country’s financial ecosystem. At the same time, a significant amount of corporate capital remains underutilised. Nearly ₹25 lakh crore is estimated to be held in current accounts, where it typically earns no returns. India also has a large base of over 31 lakh active corporates and limited liability partnerships, along with more than 8.6 crore MSMEs registered on the Government of India’s Udyam platform.

Despite this scale, participation by non-individual investors in mutual funds remains limited, with institutional folios accounting for approximately 13.6 lakh folios. This highlights the need to make mutual funds access simpler and more relevant for a wider set of investors, including corporates and MSMEs.

For many businesses, surplus funds are held between payment cycles, receivables, working capital requirements and planned expenses. Axis Account Plus addresses this need by enabling businesses to utilise idle funds through a fully digital working capital management solution.

For example, if a company with a balance sheet size of ₹100 crore had ₹10 crore as surplus working capital, it could have deployed this amount through Axis Account Plus solution into Axis Mutual Fund’s debt and liquid schemes for a one-month period. Based on historical performance of Axis liquid fund, this may have potentially generated approximately ₹5.25 lakh over the month ended May 31, 2026 (assuming a simple annualised return of around 5.85%)*. Compared to keeping these funds in a current account with no returns, Axis Account Plus would have enabled the company to potentially earn returns on its surplus funds. Such earnings could then have been utilised to offset routine business overheads or operational expenses, thereby improving overall capital efficiency.

*Past performance may or may not be sustained in future. Please refer annexure 2 on page 3 for performance of the scheme in SEBI prescribed format.

Key benefits and features of Axis Account Plus:

Better Returns on Idle Funds: Helps invest idle funds and potentially improve working capital management, with no penalty on redemption, and flexibility to park funds from a day upto one year, along with an endeavour for same day credit of redemption proceeds for quick access to cash

Seamless Digital Journey: Supports onboarding, KYC, folio creation and investment execution to be completed entirely online, reducing paperwork, process delays and offline dependencies

Safety & Trust: Investments are regulated by SEBI and managed by Axis AMC, ensuring credibility and security

Robust Controls: Enables businesses to manage transactions through a maker-checker workflow, supporting internal approval processes with inbuilt governance protocols

Service Connects: Transactions updates are received on SMS and email to registered users, maker and checkers

Unified Visibility: Provides a one-view dashboard that allows consolidated tracking across investments, including the ability to add a company’s subsidiaries and view holdings at a group-company level

Dedicated Support: Committed relationship manager, accessible via SMS, email and WhatsApp along with regular product updates and insights to help keep investments optimised

Speaking on the launch, B. Gopkumar, MD & CEO, Axis AMC said, “With more than 8.6 crore MSMEs registered on the Government of India’s Udyam platform and approximately ₹25 lakh crore that is estimated to be held in current accounts in Banks, typically earning minimal or no returns, we see this as a huge opportunity to tap in.

With Axis Account Plus, we aim to be the first AMCs to address this opportunity at scale, targeting at least 2–3% of India’s MSMEs and corporates. Our working capital management solution allows MSMEs to park idle business cash seamlessly and efficiently, potential to earn return. This solution enables business-grade workflows and maker-checker controls, with an aim to support the pace, governance and growth ambition of modern enterprises”

With Axis Account Plus, Axis Mutual Fund aims to redefine how businesses approach surplus cash management by bringing together digital convenience, operational control and transaction capabilities on a single. The reinforces Axis Mutual Fund’s focus on innovation and its commitment to enabling corporates and MSMEs to make more efficient financial decisions.

To know more and transact: https://transact.axismf.com/corporate-investments   

Total Pageviews