NPST Announces Q4 And FY 2024 Results: Posts 216% Growth In YoY Revenue

Full Year 2024

Consolidated Annual Revenue: Rs 130.08 crore, up 216% YoY

Net Profit: Rs 26.71 crore, up 310% YoY

Fourth Quarter 2024

Revenue: Rs 44.71 crore, up 109% YoY

Net Profit: Rs10.02 crore, up 161% YoY

NPST, a leading provider of digital banking and payment technology solutions listed on the NSE SME exchange, announced strong fourth quarter and full-year results for FY 2024.  Buoyed by a winning combination of favourable growth in digital payments, as well as its innovative technology solutions and expanding customer base, NPST reported significant increases in both revenue and net profit.

The consolidated FY 2024 annual revenue surged by 216% to Rs 130.08 crore, up from Rs 41.13 crore in FY 2023. Additionally, net profit increased by 310% to Rs 26.71 crore, a substantial rise from Rs 6.52 crore in the previous fiscal year.

For the fourth quarter of FY 2024, NPST achieved revenue of Rs 44.71 crore, marking a significant 109% increase compared to the same quarter of the previous fiscal year. The company’s net profit also saw a remarkable increase of 161%, reaching  Rs 10.02 crore compared to the fourth quarter of the previous fiscal year.

In Q4, NPST secured significant orders for its Evok Payments Platform-As-a-Service (PPaaS) offerings from payment aggregators and incremental orders from existing banking clients. The company also diversified into offline payments with Qynx, its QR and SoundBox solution, securing orders from two major banks. Additionally, NPST secured an order for its ODR solution from DCB Bank.

Commenting on the results Ashish Aggarwal, Co-founder and Joint MD, NPST said; “We are proud to have delivered on our commitments, with a record-breaking performance across all metrics – organic revenue growth, PAT and earnings per share. These results reflect the strong fundamentals of our business. We anticipate continued positive momentum and are dedicated to maintaining our upward trajectory."

Commenting on the company’s performance, Deepak Chand Thakur, Co-Founder and CEO of NPST, stated; "NPST closed out 2024 with accelerated organic revenue growth of 216%, demonstrating a strong focus to delivering on our financial commitment. The results highlight our strong standing as a trusted technology partner to banks and Fintechs in the payments ecosystem. Our consistent performance is enabled by a combination of NPST’s unique business model, investments in technology, growing customer base and talented team. We are optimistic about our future and our ability to drive further innovation and value in the digital payments space.”

Future Growth

NPST sees substantial runway for growth through the long-term potential in person to merchant digital payments, and the opportunity to capture new payment flows and market segments. The company's distinctive business model bridges the gap between banks and Fintechs and positions it well for future digital opportunities.

To sustain growth, NPST will focus on a three-pronged approach: strengthening the technology core by investing in Innovation Labs with a focus on AI and ML technologies; layering additional overlay services on its EvoK PPaaS offering; and making significant investments in building a strong leadership pipeline to scale the organization and support enhanced business performance.

About NPST

Established in 2013, NPST, a Make in India company, is one of India's leading Fintech firms, with a listing on the NSE Small and Medium Exchange.

With a primary focus on UPI payments and digital banking solutions, NPST functions as a Technology Service Provider (TSP) and a Third-Party Aggregator Provider (TPAP), catering to stakeholders across the financial value chain, including banks, merchant aggregators, merchants and consumers. Committed to innovation and excellence, NPST' aims to bridge the gap between banks and Fntechs and foster the overall growth of the digital payments’ ecosystem.

Presently, NPST facilitates seamless money movement for over 100 customers, processing an impressive 60 million transactions daily, benefiting millions of businesses, merchants, and consumers nationwide.  For more information, please visit: https://www.npstx.com/

Tata Motors Accelerates Innovation: Record 222 Patents Filed And 333 Grants Secured In FY24

* Setting New Industry Benchmarks for Automotive Excellence

Tata Motors, India’s leading automobile company, has yet again achieved a significant milestone towards intellectual property rights (IPR) creation with a record-breaking number of 222 Patents and 117 Designs applications filed during the year FY24, highest in its history. These filings span across a wide spectrum of product and process innovations, addressing key automotive megatrends such as Connectivity, Electrification, Sustainability, and Safety (CESS). They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control. Tata Motors also received its highest ever grant of 333 patents during the same period, taking its total tally of granted patents to over 850.

Tata Motors’ strong commitment to engineering excellence, cleaner powertrains, design, connectivity, and intelligent safety features ensures that its innovations seamlessly align with real-world needs. By prioritising both consumer well-being and environmental stewardship, the company’s purposeful research and innovation efforts have yielded more efficient, greener and safer vehicles, benefiting end-users and transforming the industry. In FY24, Tata Motors received five prestigious accolades and honors of global repute for its excellence in intellectual property rights (IPR).

Commenting on the milestone, Rajendra Petkar, President & Chief Technology Officer - Tata Motors expressed, "Tata Motors’ unwavering commitment to research and innovation has propelled us to new heights in innovation & value creation through intellectual property. With a record number of patents filed and granted, we continue to redefine automotive excellence. Our cutting-edge technologies, greener vehicles, and customer-centric approach position us as trailblazers in the industry. As mobility evolves, Tata Motors remains at the forefront, shaping a smarter, more connected future for all.”

About Tata Motors:

Part of the USD 150 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy, leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2023, Tata Motors’ operations include 88 consolidated subsidiaries, two joint operations, three joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

A Higher Power: The First-Ever All-Electric BMW i5 M60 xDrive Launched In India

* Responsive power (601 hp) coupled with sublime driving dynamics: 0-100 km/hr in just 3.8 seconds.

* Dual-motor all-wheel drive with integral active steering for exhilarating performance.

* Modern interpretation of BMW’s signature twin headlights and illuminated kidney grille.

* M Specific displays on the BMW Widescreen Curved display with the new BMW Operating System 8.5

* Exemplary efficiency with driving range of up to 516 kilometres (WLTP).

* #BMWi5 #BMW #BMWIndia #MPerformance

The first-ever BMW i5 was launched in India today and will be available as an exclusive BMW M Performance model, BMW i5 M60 xDrive.

This all-electric sporty executive sedan leads with elegant presence, innovative technology, and dynamic performance. As a performance model from BMW M GmbH, the all-electric BMW i5 M60 xDrive comes as standard with specific exterior features that also visually underline its outstanding sport potential.

The first-ever BMW i5 M60 xDrive is available at all BMW dealerships across India as a Completely Built-Up Unit (CBU) model from today onwards.

Mr. Vikram Pawah, President, BMW Group India said, “With the first-ever BMW i5 M60 xDrive, you can expect nothing short of a completely electrifying experience. It brings together the legacy of eight generations of the sportiest executive sedan – the ‘5’, adrenaline laden performance of ‘M’ and the sustainability of ‘i’. As the sixth electric offering from BMW Group India, the BMW i5 M60 xDrive will further reinforce our leadership in the Indian luxury electric mobility segment. With uncompromised performance that defines exhilaration for the modern era, it is an experience engineered for unbridled excitement and unparalleled thrills.”

The first-ever BMW i5 M60 xDrive is available at an ex-showroom price of INR 1,19,50,000.

*Price prevailing at the time of invoicing will be applicable. Ex-showroom prices inclusive of GST (incl. compensation cess) as applicable but excludes Road Tax, Tax Collected at Source (TCS), GST on Tax collected at source, RTO statutory taxes/fees, other local tax cess levies and insurance. Price and options are subject to change without prior notice. For further information, please contact the local authorised BMW Dealer.

The first-ever BMW i5 M60 xDrive is available in Alpine White as non-metallic paintwork and in following metallic paintworks – M Brooklyn Grey, M Carbon Black, Cape York green, Phytonic Blue, Black Sapphire, Sophisto Grey, Oxide Grey, Mineral White. Following BMW Individual paintworks are also available as an option – Frozen Portimao Blue, Frozen Deep Grey, Frozen Pure Grey and Tansanite Blue. The standard interior trim is in Carbon Fibre and upholstery options include Alcantara / Veganza | Black. Veganza and Leather Merino upholstery are available as optional upgrades.

The car comes with standard two-year warranty for unlimited kilometers. Repair Inclusive can extend warranty benefits from third year of operation to maximum fifth year without any mileage limitation. The high-voltage battery in BMW i5 M60 xDrive is covered by a warranty valid for eight years or up to 160,000 kilometers.

Thanks to BMW India Financial Services, customized and flexible financial solutions are designed as per individual requirements. Customers enjoy great value and complete peace of mind with BMW 360? Finance Plan. It includes attractive monthly instalments, assured buy-back option up to five years, flexible term-end opportunities, and options to upgrade to a new BMW among other benefits.

The first-ever BMW i5 M60 xDrive

The exterior of the first-ever BMW i5 M60 xDrive is designed to be as innovative as you. The Illuminated BMW kidney grille sets the scene with its unique radiance. Stylistically inspired by the so-called "Sharknose" and projecting far forward, the BMW kidney grille functions as the visual centre of the vehicle front. The range of functions of the standard Adaptive LED Headlights includes the cornering light and the Matrix High Beam including the glare-free High Beam Assist BMW Selective Beam. In addition, blue design elements below the LED units stage the light sources impressively. The LED headlights show the hallmark four-eye face in a modern and reduced form. Daytime driving lights and turn indicators are each generated by two nearly vertical LED elements arranged on the outside. Just like the headlights and the BMW kidney grille, the other areas of the front apron also feature precisely defined contours and tightly designed surfaces. The clear and reduced design language is also expressed in the side view of the BMW i5. Its dynamically elongated proportions, long bonnet and almost upright BMW kidney grille are clearly visible from this perspective. At the transition to the rear, the shoulder and roof lines flow harmoniously into the contours of the lights. The flat rear lights interpret the brand's hallmark L-shaped lights with modern appeal.

Individual design features give the BMW i5 M60 xDrive a striking look, which emphasise its dynamic performance. A front apron with black surfaces in its centre and large air intakes, a BMW kidney grille with contour line lighting, horizontal slats and M logo, side skirts and exterior mirror caps finished in high-gloss black, 20-inch M light alloy wheels and a rear apron with a pronounced diffuser insert signal the sporty character of the performance sedan.

Thanks to the standard M Sport Pro Package, the first-ever BMW i5 M60 xDrive features host of M specific design features, most notably the large air intakes at the front, strikingly flared side skirts in high-gloss black and a rear apron with diffuser insert and the M high-gloss Shadow Line. Further, the illuminated BMW kidney grille with black surround, the dynamic light carpet, high-gloss black exterior mirror caps and a black-painted M rear spoiler is also available. In addition, there are also the M Shadow Line lights for the front and rear and red-painted brake calipers.

BMW M Performance Accessories offer customers the ability to bring their personality to the vehicles. To enhance the sporty appearance and character of the car, customers have the option to choose from a wide range of individual accessories including wheel size upgrades or curated accessory packages.

Generous space, modern functionality, a high level of acoustic comfort as well as high-quality, precisely processed materials, fine workmanship and advanced digital services characterise the ambience in its interior. In the first-ever BMW i5 M60 xDrive, the emotional performance experience is supported by M specific displays on the BMW Curved Display. The bands of the main displays and associated design elements in the instrument cluster appear in a platinum silver finish. The typography and graphics are based on the display in the cockpit of high performance cars from BMW M GmbH.

The BMW Interaction Bar combines modern functionality and fascinating design. The strikingly backlit functional unit with crystalline surface structure extends below the trim strip across the entire width of the instrument panel far into the door panels and includes touch-sensitive control panels for controlling ventilation and air conditioning and for activating the hazard warning lights. My Modes provides for a customizable driving and interior experience. A large-surface Carbon Fibre interior trim strip for the instrument panel highlights the BMW Curved Display and the optional BMW Interaction Bar. As an alternative to the standard Carbon Fibre trim, Dark Silver Accent combined with fine-wood trim is also optionally available in dark oak high gloss or open pored. The new gear selector switch on the centre console control panel, also features a particularly modern and high-quality design.

The Panorama Skyroof connects almost the entire roof surface, extends without interruption from just behind the windscreen to almost the rear window and, with its dark glass surface, gives the vehicle a particularly elegant appearance. Sport seats, whose height and inclination can be adjusted electrically, are standard equipment. Comfort Seats can be made available optionally. Active Seat Ventilation is also available as standard. With 18 speakers and an amplifier output boosted to 655 watts, the Bowers & Wilkins Surround Sound System guarantees an outstanding acoustic experience. Further, the optimized functionality of the M leather steering wheel is combined with a classic three-spoke design. Contrast stitching in BMW M GmbH colours and a red centre marker for the steering wheel of the Performance model emphasise the sporty character of this model. Exclusive seat surfaces in Veganza/Alcantara finish with unique perforation in the shoulder area and translucent accents in red and blue is also available. In addition, an anthracite-coloured roof lining adds to the sporty flair.

The first-ever BMW i5 M60 xDrive combines a particularly powerful electric drive with hallmark M performance characteristics. Two highly integrated drive units on the front and rear axles, in which the electric motor, power electronics and transmission are very compactly combined in a common housing, form an electric all-wheel drive system that enables the BMW i5 M60 xDrive to deliver fascinating dynamic performance. The car instantly accelerates from 0 to 100 km/hr in 3.8 seconds with a top speed of 230 km/hr. It produces an output of 601 hp and a maximum torque of 795 Nm. The high-voltage battery combines compact dimensions with high energy density and it provides a usable energy content of 81.2 kWh. The BMW i5 M60 xDrive has a range of up to 516 kilometres determined in the WLTP test cycle. The BMW i5 M60 xDrive comes with a complimentary BMW Wallbox charger with installation. It can be integrated at home to enable safe and convenient charging up to 11 kW. The 22 kW AC Charging Professional is also available as an option.

BMW Operating System 8.5 in the first-ever BMW i5 M60 xDrive offers a wider range of digital content for information and entertainment, faster update cycles for functions, improved information on charging points for electric vehicles and optimised access to many specific online services. The display and control system expanded to include the BMW Head-Up Display in conjunction with the BMW Live Cockpit Professional. The advanced display and operating system offers a redesigned entry screen and "QuickSelect” access with an improved menu structure oriented towards consumer electronics devices. The new entry screen permanently shows the map view of the navigation system or other displays that can be individually configured. The cloud-based navigation system BMW Maps now not only offers an Augmented View display on the Information Display behind the steering wheel, but also improved functions for even more precise and charging station optimised navigation.

The spread of Driver Assistance Systems is more extensive. They support the driver and also increase comfort and safety. Standard equipment includes functions like Cruise Control, Attentiveness Assistant, Parking Assistant Professional with remote parking via smartphone and Reversing Assistant. The optional Driving Assistant Professional, including Distance Control with Stop & Go function and Steering and Lane Control Assistant, provides the driver with maximum support on long journeys and in city traffic.

The Adaptive Suspension Professional with electronically controlled shock absorbers is offered as standard. Infinitely adjustable valves enable wheel-specific regulation of the damper forces, which is adaptive to the driving style, the road conditions and also the load condition. The advanced Integral Active Steering makes manoeuvring more comfortable, enhances agility at medium speeds and conveys confidence when changing lanes and cornering at higher speeds. Optionally, customers can choose the Adaptive M Suspension Professional with additional Active Roll Stabilisation that uses the new control logic to optimise sportiness and comfort. The damper forces are controlled using an M specific characteristic.

The newly designed Travel & Comfort System is also available to provide customised entertainment in the rear. BMW Safety technologies include six airbags, Attentiveness Assistance, Dynamic Stability Control (DSC) including Cornering Brake Control (CBC), electric parking brake with auto hold, side-impact protection, electronic vehicle immobilizer and crash sensor, ISOFIX child seat mounting and integrated emergency spare wheel under the load floor.

National Financial Awareness Day: How Home Credit India Is Promoting Financial Literacy

By: Ashish Tiwari, Chief Marketing Officer, Home Credit India

Financial literacy is the cornerstone of sound personal finance management, empowering individuals to make informed decisions about money matters. In a country like India, where economic empowerment is intertwined with social progress, the importance of financial literacy cannot be overstated. It not only enables individuals to manage their finances effectively but also plays a crucial role in fostering economic stability and growth at both individual and societal levels.

According to several reports, 27% of India's population is financially literate, which is lower than other developed economies like the US, Germany, Canada, and the United Kingdom.   Recognising this, Home Credit India integrated financial literacy as one of the primary pillars of its Environmental, Social, and Governance (ESG) initiatives. As a responsible participant in the financial ecosystem, Home Credit India is committed to promoting a culture of responsible borrowing and financial awareness in the wider society.

Their annual financial literacy initiative, ‘Saksham’ epitomises this commitment. Under this initiative, Home Credit India has been imparting financial education to thousands of women across the country through physical workshops. The curriculum covers financial topics like budgeting, savings, creditworthiness, investment planning, among others. Last year, the initiative reached 30,000 young girls and women across the country, and this year, the initiative is underway with a goal of reaching a minimum of 20,000 women.

One of the participants of the initiative is Anita, a self-employed woman running a small cosmetic shop in New Ashok Nagar, Delhi. Through Saksham, she learned about digital literacy, enabling her to utilise digital modes of payment securely and protect herself from phone fraud. Now, she efficiently manages her payments using online digital platforms, enhancing her financial inclusion and security. Anita's story mirrors countless others who have found newfound confidence and security through Home Credit India's initiatives.

Additionally, Home Credit India has leveraged digital platforms to reach a wider audience. Through its 'Paise Ki Paathshala' microsite and social media campaigns, Home Credit India has engaged with over 3 million people. Interestingly, individuals aged 25-34 from Tier 1 cities constitute a significant portion of the audience, indicating a growing interest in financial literacy among urban youth.

Understanding financial products and services empowers individuals to make educated choices, plan their finances efficiently, manage debt prudently, build financial stability, and alleviate financial stress. Ultimately, financial literacy is foundational to achieving lasting financial stability and prosperity, enabling individuals to establish a secure and prosperous future. 

CriticalRiver Announces 100% Of Its Employees Will Now Have Ownership In The Company Through Stock Options

* Harvard Business Review Outlines Enhanced Productivity and Growth Owed to Employee Ownership

CriticalRiver Inc., a leading technology solutions provider announces that 100% of its employees will now have ownership in the company through its lucrative ESOP initiative, marking a significant milestone in its commitment to empowering its workforce. This move underscores CriticalRiver's commitment to fostering a culture of customer-centricity, employee empowerment, and shared success. CriticalRiver embarks on a new chapter where every team member has a stake in the company's future. With over 1,000 employees across 9 global locations, this strategic move reinforces the company’s commitment to retaining its top talent. As part of the transition, CriticalRiver will grant 100 ESOPs to each employee annually based on their years of service. Furthermore, each employee's account will receive an additional 100 ESOPs each year. This move not only reflects the company's dedication to building long-term relationships with clients and maintaining a positive company reputation.

According to the Harvard Business Review, businesses with at least 30% employee ownership tend to be more productive, experience faster growth, and have a lower likelihood of going out of business compared to their counterparts. In addition to ensuring the continuity of quality talent, this model reinforces a customer-centric approach, where employees deeply invest in satisfying clients and meeting their expectations, thereby securing the longevity of the organization.

Commenting on the milestone, Mr. Anji Maram, Founder & CEO of CriticalRiver Inc., said, "This strategic move is more than a milestone; it's a testament to our confidence in our team and our collective future. Aligning with our visionary goal, we are setting the stage for propelling CriticalRiver towards revenues of $500 million by 2030 and achieving our Initial Public Offering (IPO) vision thereafter. The ESOP further reinforces our commitment to innovation and excellence, ensuring unwavering customer confidence. This strategic shift underscores our unwavering commitment to bolstering client confidence, and we're further reinforcing the founders' and management's steadfast dedication to nurturing the organization's growth."

Mr. Chandra Chandragiri, CFO of CriticalRiver Inc., expressed enthusiasm about the new journey, emphasizing the strategic decision as a testament to their faith in their employees, who are now more than ever the pillars of the company's success. “For clients, this transition promises not only improved service quality but also a partnership model where employees are deeply invested in satisfying clients and meeting their expectations. This alignment fosters better customer service, innovative solutions to client needs, and a shared sense of purpose in achieving mutual success.”

The initiative is expected to attract and retain top talent, improve job satisfaction, and foster a collaborative, and innovative work environment. It reflects the company’s forward-thinking approach and dedication to creating a sustainable and prosperous future for its employees and stakeholders, enhancing its capability to serve clients as true partners in their journey.

About CriticalRiver, Inc.

CriticalRiver Inc. is a globally recognized consulting and technology services provider that redefines the boundaries of digital transformation. Specializing in delivering innovative solutions, CriticalRiver Inc. provides unparalleled technology consulting services to address the complex business challenges of its clients, including the world's leading enterprises and Fortune 100 and 500 companies.

With a steadfast focus on excellence and innovation, the company leverages its deep industry expertise and technology prowess to empower businesses across various sectors. This approach enables CriticalRiver's clients to achieve sustainable growth and a competitive advantage, underscoring its commitment to driving forward the digital frontier.

Tata Passenger Electric Mobility Signs An MOU With Vertelo To Accelerate e-Mobility In India

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors Ltd., known for pioneering India's electric vehicle (EV) revolution, has signed a non-binding Memorandum of Understanding with Vertelo, a Macquarie managed integrated fleet electrification platform, for the delivery of 2,000 XPRES-T EVs. This partnership aims to bolster the plans to accelerate India’s transition to sustainable e-mobility. The company will begin deliveries of the cars to Vertelo in a phased manner.

Speaking on the partnership, Mr. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd. said, “As market leaders of passenger EVs in India, we are committed to the uptake of sustainable mobility in the country. We are delighted to partner with Vertelo in their effort to increase EV adoption in India. With over 89% market share in FY 24, the fleet segment has seen a rapid adoption by Corporates and Institutions. The XPRES-T EV has proven to be an attractive option for both customers and operators in the commercial fleet segment. Such collaborations in the industry will further help strengthen our market position amidst India’s EV revolution.”

Commenting on the partnership, Sandeep Gambhir, Chief Executive Officer, Vertelo stated that "We are really excited to partner with Tata Motors on this long-term strategic partnership to buy up to 2,000 electric cars. This partnership aims to bring together two business that are at the forefront of fleet electrification and decarbonisation in India. We hope that this partnership will help with accelerating the shift towards a more sustainable India by making bespoke leasing options available to fleet operators that help them onboard EVs in larger numbers."

In July 2021, Tata Motors launched the ‘XPRES’ brand exclusively for fleet customers, and the XPRES-T EV is the first vehicle under this brand. The new XPRES-T electric sedan comes with 2 range options – 315km and 277km (ARAI certified range under test conditions). It packs a high energy density battery of 26 kWh and 25.5 kWh and be charged from 0- 80% in 59 mins and 110 mins respectively, using fast charging or can also be normally charged from any 15 A plug point, which is easily available and convenient. It comes with zero tail-pipe emission, single speed automatic transmission, dual airbags, and ABS with EBD as standard across variants. The premium interiors with standard automatic climate control and Electric Blue accents across its interior and exterior will give it a differentiated presence from other Tata cars.

Vertelo is a new platform providing end-to-end solutions in fleet electrification in India. The company aims to accelerate the transition of fleets to electric vehicles and build a robust EV ecosystem by offering bespoke solutions to customers including leasing and financing, charging infrastructure and energy solutions, fleet management services, and end of vehicle life management. The new platform has been established by Macquarie Asset Management and has received anchor investment from the Green Climate Fund which has committed to invest up to $US200 million. Overall, Vertelo plans to invest $US1.5 billion over 10 years with the aim to achieve a potential greenhouse gas emissions reduction.

Marriott International Celebrates Milestone On Journey Towards Net-Zero

Marriott International, Inc. (Nasdaq: MAR) has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global climate action organization that develops tools that allow businesses to set greenhouse gas (GHG) emissions reduction targets in line with data-driven methodology. Marriott is the largest global hospitality company to receive approval for both near-term and long-term science-based targets.

The company has committed to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Marriott also commits to reduce absolute scope 3 GHG emissions from fuel and energy-related activities, waste generated in operations, employee commuting, and franchises 27.5% by 2030 from a 2019 base year, and that 22% of its suppliers by emissions covering purchased goods and services, capital goods, and upstream transportation and distribution will have science-based targets by 2028.

Marriott commits to reach net-zero greenhouse gas emissions across the value chain by 2050, reducing absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2019 base year and reduce absolute scope 3 GHG emissions 90% by 2050 from a 2019 base year. The target boundary includes land-related emissions and removals from bioenergy feedstocks.

“For nearly a century, Marriott has been committed to our core value of serving our world as we strive to be a force for good wherever we do business,” said Anthony Capuano, President and CEO, Marriott International. “The impact of climate change is being seen and felt across the globe. As we continue to connect people through the power of travel, we are committed to driving meaningful improvements to the environment and are energized by reaching this significant milestone. The approval of our near-term and long-term targets is the result of the hard work and dedication of Marriott’s teams around the world who are committed to our climate action journey and creating the future of sustainable hospitality.”

“Marriott has been on a journey to reduce greenhouse gas emissions in our operations and supply chain. We believe it’s good business and good for the planet,” said Erika Alexander, Chief Global Operations Officer, Marriott International. “The decarbonization of the global electrical grid is a vital component of reducing GHG emissions. We are united with other leading companies in elevating efforts to help address the effects of climate change and hold ourselves accountable as we embed sustainability throughout our operations.”

To reach its net-zero target, Marriott is focusing its efforts in three distinct areas: energy reduction, sourcing more energy from renewables, and purchasing goods with lower carbon footprints across its portfolio of over 8,800 properties in 139 countries and territories.

The company’s recent sustainability highlights include:

Launching the Climate Action Program (CAP), the company’s approach to charting a growth-focused future through building climate fluency, addressing climate risk, and reducing greenhouse gas emissions across the organization.

Delivering property-specific carbon and energy reduction targets to every managed and franchised hotel globally.

Enhancing the Marriott Environment Sustainability Hub (MESH), a global platform for properties to log monthly power, water and waste metrics. With these enhancements, properties can now easily access customized, property-specific information for reducing energy and carbon.

Introducing the Energy Optimization Program to help properties manage rising energy costs. The program assists properties in conducting an energy audit to identify ways to become more energy efficient.

Engaging with suppliers as they work to understand and reduce their emissions.

Sharing sustainability information, including individual hotel carbon footprint data, on Marriott.com.

Marriott’s sustainability strategy is focused on a wide range of tactics including designing resource-efficient hotels, implementing technologies to track and reduce energy and water consumption, as well as waste and food waste, increasing the use of renewable energy, managing water-related risks, focusing on third-party sustainability certifications at the hotel-level, supporting innovative ecosystem restoration initiatives, implementing and responsible and local sourcing. In support of the United Nations Sustainable Development Goals (SDGs), Marriott created its sustainability and social impact platform, Serve 360: Doing Good in Every Direction, which guides the company’s efforts to make a positive and sustainable impact on the world’s most pressing social, environmental, and economic issues wherever it does business. More details about Serve 360 can be found at Marriott.com/Serve360.

Rapido Partners With BBMP And Election Commission of India To rOffers Free Rides In Bengaluru During General Elections 2024

*     In a proactive stride towards civic engagement, Rapido deploys all its resources by joining hands with the Election Commission of India (ECI) to offer free bike taxi, auto, and cab rides to voters in Bengaluru

*       Rapido’s free auto and cab services are extended exclusively to the differently abled and senior citizen voters of Bengaluru in association with Bruhat Bengaluru Mahanagara Palike (BBMP)

*      Use code "VOTENOW" to avail free rides by Rapido during General Elections 2024

In a resolute commitment to fortify the nation's democratic fabric, Rapido, India's foremost commute app, assumes a pivotal role in national duty with the launch of the "SawaariZimmedariKi" initiative. In collaboration with the Election Commission of India (ECI) and Bruhat Bengaluru Mahanagara Palike (BBMP), Rapido sets forth to champion civic engagement during the Indian General Elections 2024 by extending free auto and cab rides to differently abled and senior citizen voters in Bengaluru. As part of this historic endeavor, Rapido pledges to provide free rides to voters in Bengaluru on 26th April, 2024.

On election day, voters can avail free rides on the Rapido app using the code ‘VOTENOW’ and exercise their democratic right. The initiative aims to facilitate residents' voting rights and ensure a more inclusive electoral process. This concerted effort aligns with Rapido's nationwide campaign, deploying over 10 lakh captains across more than 100 cities to provide free rides on election-day. With the support of the ECI, Rapido will be offering free bike taxi rides to voters in Karnataka across the cities of Bengaluru, Mysuru, and Mangaluru on election day.

Rapido's partnership with the ECI reflects its commitment to being a brand that drives positive change for a better society. Rapido’s Co-founder Pavan Guntupalli said, "We are undertaking this initiative to ensure that every voter in Bengaluru, Mysuru, and Mangaluru can successfully fulfill their civic duty by casting their votes in the Indian General Election 2024. We have deployed all available resources to us in order to ensure that voters in Bengaluru can participate in the electoral process. We want to specifically ensure that differently abled, and senior citizen voters have equitable access to exercise their democratic right. By extending free auto and cab rides to them, we are redoubling our commitment to inclusivity and social responsibility.”

He further added, “By offering these free rides, we are facilitating democracy in action. Our Rapido captains in Bengaluru are more than just drivers; they are ambassadors of civic engagement, enabling greater voter turnout and promoting a more representative electoral system in the world's largest democracy."

Rapido's partnership with the Election Commission of India underscores its commitment to being a brand that drives change for a better society. Through initiatives like this, Rapido continues to demonstrate its dedication to making a meaningful difference in the lives of people across the country. This initiative emphasizes Rapido's dedication to empower and encourage the voter population of Karnataka to exercise their democratic right by casting their vote.

Cybersecurity Centre of Excellence, Telangana Hosts Cybersecurity And Privacy Conference

- The DSCI’s Cybersecurity Centre of Excellence (CCoE), Telangana hosts a Cybersecurity and Privacy Conference at Hyderabad. This pioneering effort by Dr Sriram Birudavolu, CEO of the Cybersecurity Centre of Excellence Telangana was aimed at sensitising the government departments to the vulnerabilities of cyber-attacks and developing a strategy to counter the same.

The conference was attended by distinguished guests from various departments of the Government of Telangana, including Dr Jayesh Ranjan, Special Chief Secretary, ITE&C Department and Department of Industries & Commerce, who was the Chief Guest of the event. Ms Rama Devi Lanka, Director, Emerging Technologies was the Guest of Honour, and Mr Venu Prasad, Jt. Director (Infra & Communications) was a special guest at the conference.  Industry stalwarts such as Mr Vinayak Godse, CEO – DSCI, and Mr Srikanth Srinivasan, Vice President of NASSCOM were also present at the conference and enriched the gathering with their valuable insights. Over 200 government representatives from 30+ departments attended the event.

The event featured specialized sessions covering a wide range of topics, including Cybersecurity Best Practices, Data Privacy and DSCI Privacy Seal, Risk Management, Incident Response, and more. Led by industry experts, these sessions provided invaluable insights into tackling modern cybersecurity challenges. The DSCI Cybersecurity Centre of Excellence team also conducted a VPAT evaluation of the government website and presented the outcomes. They also shared insights on what the various departments should consider and the role CCoE can play in helping them implement those solutions. The conference witnessed a dynamic exchange of ideas, fostering collaborations between government entities and industry stakeholders to strengthen the cybersecurity ecosystem.

Mr. Jayesh Ranjan appreciated the team at CCoE for conducting the VPAT exercise for the government website. He encouraged the departments to identify common areas for collaboration to utilize the transformative potential of Cybersecurity Centre of Excellence, Telangana and devise strategies to safeguard the critical infrastructure and sensitive data assets in this digital era.

According to Dr Sriram Birudavolu, CEO of the Cybersecurity Centre of Excellence Telangana, “The CCoE has been set up with an aim to provide secure and resilient cyberspace to fulfil the needs of the digital economy and society by creating a cluster of cybersecurity organisations in the state. This conference was organized to highlight the vulnerabilities and give a holistic view of cybersecurity best practices and affordable indigenous solutions to the government departments. the conference emerged as a cornerstone event, highlighting proactive efforts to fortify the cybersecurity landscape across government entities. The CCoE conducted a vulnerability assessment and penetration testing exercise on a government website.

Seven startups and partners of CCoE were recognized for their exemplary performance in conducting penetration testing exercises on government department websites, underscoring their commitment to advancing cybersecurity standards. Leading industry players actively participated in the event, showcasing their latest product and service offerings tailored to meet the cybersecurity needs of government departments. Stalls set up by companies such as TCP Wave, Qualys, Seqrite, Cotelligent, and others provided attendees with insights into cutting-edge cybersecurity solutions.

MIT Manipal Hosts FINENT-2024: A Confluence of Fintech And Entrepreneurship Shaping Tomorrow's Innovators

MIT Manipal proudly hosted FINENT-2024, a conclave that brought together thought leaders from the fintech and entrepreneurship sectors on April 18, 2024. This event highlighted the transformative impact of financial technologies and fostered discussions on the future of innovative business practices.

The event opened with a rousing message from Dr. Milind Agarwal, CEO & Founder of Quickwork, who set an empowering tone for the conclave. "Fintech is more than technology; it's a visionary approach to democratizing financial services and empowering a new generation to tackle global challenges innovatively," he stated, emphasizing the critical role of financial technologies in shaping future societal contributions.

Dr. Yogesh Pai, Head of the Department of Humanities and Management extended a warm welcome to the distinguished guests and highlighted MIT Manipal’s dedication to nurturing a bridge between academic insight and industry innovation. The inauguration saw notable contributions from MIT alumnus Dr. Milind Agrawal, along with insightful addresses by Cdr. (Dr.) Anil Rana, Director of MIT Manipal, and Dr. Giridhar Kini, Registrar of MAHE. Their discussions revolved around the pivotal role of academia-industry collaborations in spurring technological and entrepreneurial innovation.

Speakers such as Mr. Venu Madhav, Senior Vice President of Fidelity Information Services, and Ms. Sabrina Khatri of MSCI, Mumbai, shared their perspectives on the dynamic fintech environment and the essential competencies required to thrive within it. Mr. Madhav spoke on the necessity of adaptability in the rapidly evolving fintech sector, while Ms. Khatri focused on the importance of interdisciplinary skills and a customer-centric approach.

The event's morning sessions concluded with a compelling keynote from Mr. Prakash Ganeshan, Co-founder of LCode Technologies, who discussed the catalytic role of fintech entrepreneurship in driving social change.

The afternoon featured Mr. Nithin Seth, CEO and Co-founder of Incedo Inc., USA, who presented on 'Mastering the Data Paradox,' underscoring the strategic importance of data, digital transformation, and AI. This was followed by a vibrant panel discussion about Manipal’s evolution as an entrepreneurial hub, led by Dr. M H Bala Subrahmanya and featuring industry stalwarts.

The conclave wrapped up with a valedictory session where Lt. Gen. (Dr) M D Venkatesh, Vice Chancellor of MAHE, and Mr. Nithin Seth delivered stirring addresses. Lt. Gen. Venkatesh emphasized the importance of the conclave, stating, "This gathering is a testament to our dedication to cultivating an environment where innovative ideas are not only conceived but effectively implemented. Our goal is to prepare our students not just to participate in the future but to actively shape it." Mr. Seth, focusing on the broader implications for India, encouraged the participants with these words: "India's current entrepreneurial landscape is burgeoning with possibilities that beckon to be seized. It is essential that we harness these opportunities, not only to drive individual success but also to significantly advance our nation's economic and technological frontiers."

The event was expertly organized by Dr. Raveendra Rao and Dr. Sumukh S Hungund, with valuable support from co-convenors Dr. Rajesh R Pai and Prof. Lidwin Kenneth Micheal.

Medtronic Launches Advanced NeuroSmartTM Portable MER Navigation System In India To Manage Parkinson’s

* Neurology team at Fortis Hospital Bengaluru becomes the first to use this technology for DBS therapy in Parkinson’s patients.

India Medtronic Private Limited, a wholly owned subsidiary of Medtronic plc (NYSE:MDT), today announced the launch of India’s first NeuroSmartTM Portable Micro Electrode Recording (MER) Navigation system for Parkinson’s treatment.  Deep brain stimulation (DBS) is a treatment for symptoms of Parkinson's disease, including tremors, stiffness, and difficulty walking. DBS is a therapy in which a small pacemaker-like device sends electrical signals through very thin wires, known as ‘leads’, to a targeted area in the brain related to the symptoms. Advanced DBS implants are designed to capture brain signals using the implanted DBS system. The NeuroSmartTM Portable MER Navigation system revolutionizes DBS (Deep Brain Stimulation) therapy by enhancing precision during surgery. 

Parkinson’s disease is a progressive disorder that eventually causes severe disability due to the increasing severity of both treatment-resistant motor problems and non-motor symptoms. In 2016, it was estimated that 6.1 million people worldwide had Parkinson’s disease. The prevalence in India was estimated to be 10% of the global burden, that is, 5.8 lakhs.1

Medtronic has been at the forefront of DBS therapy since 1987, with over 185,000 DBS devices implanted worldwide. The NeuroSmartTM Portable MER Navigation system, developed by Alpha Omega Engineering, is a groundbreaking treatment for neurological and psychiatric diseases. Featuring advanced neurophysiological navigation mapping, it enables accurate electrode placement while recording neural activity. Its advanced capabilities for enhanced target localization, based on HaGuide automatic navigation, help identify the most effective target for the patient, ensuring optimum symptom relief. 

The Neurology team at Fortis Hospital, Bengaluru, comprising of Dr. Raghuram G, Additional Director Neurosurgery and Dr. Guruprasad Hosurkar, Additional Director Neurology, became the first to use this technology for Parkinson’s patients. The case in point was a 68-year-old patient who had been suffering from Parkinson’s for over a decade. The condition led to restrictions in movement, causing challenges in performing daily chores. It also became challenging for the patient’s family to take care of him. While initially medications provided relief, over time these became ineffective, calling for alternative management options. With the implications of new advancement in NeuroSmartTM, doctors were able to identify the right target that was stimulated to manage this patients’ uncontrolled symptoms with minimal side effects.

Dr. Raghuram G, said, “This technology is a game-changer. AI and real-time feedback mean that the new MER Navigation system has revolutionized our approach to targeting brain structures during DBS procedures. This advancement significantly elevates our precision, enabling us to tailor treatments with unprecedented accuracy. Ultimately, this precision optimization translated directly into improved patient outcomes, offering newfound hope and efficacy in our efforts to manage Parkinson's disease and other neurological conditions.”

Dr. Guruprasad Hosurkar, said, “DBS therapy is a transformative intervention, enabling enhanced motor function and granting patients newfound independence. Through the precision of the new and advanced AI enabled MER Navigation system, electrode placement is meticulously optimized, offering profound relief from debilitating symptoms such as tremors and stiffness.”

“Aimed at enhancing patient and clinician experiences, Medtronic's legacy of innovation in DBS spans over two decades. Our advanced DBS systems foster confidence in the operating room by empowering healthcare professionals with precise data for procedural planning and verification. The NeuroSmartTM MER Navigation system integrates seamlessly, providing real-time feedback to ensure accuracy and reliability throughout the DBS procedure,” said Prateek Tiwari, Senior Director, Neuroscience & Specialty Therapies, Medtronic India

About Medtronic

Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.

Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

Explore The Fossil Spring 2024 Collection For Fresh Fashion Upgrades With Kriti Sanon And Varun Dhawan

~Dive into Elegance and reinvent your style with exceptional Timepieces and Accessories~

Get ready to step into the spring season with the Fossil Spring 2024 collection, inspired by the effortless elegance of Kriti Sanon and Varun Dhawan. With a range of classic timepieces, timeless accessories, and leather goods, each piece is designed to elevate your look and ignite your springtime spirit. Whether you're exploring the blooming outdoors or enjoying cozy indoor moments, these captivating accessories are your perfect companions on every journey, effortlessly infusing sophistication and craftsmanship into your ensemble.

FOR HER

Sharing her thoughts on the Fossil Spring 2024 Collection, Kriti Sanon, brand ambassador for Fossil India, stated, “The latest collection from Fossil is truly a dream for every woman." She further expresses, "With accessories ranging from style-forward to timelessly classic, there's something to suit every personal style. Each piece in the collection, be it the iconic timepieces, the innovative watch rings, or the wear-everywhere bags, exudes charm and confidence, making it the perfect companion for the modern woman.”

Timepieces

Introducing our versatile Carlie collection, perfect for any occasion, blending casual flair with a touch of elegance. Boasting a revamped '90s-inspired T-bar and a captivating bracelet design, this watchpiece showcases a sleek 28MM stainless steel case complemented by a silver sunray dial adorned with luminous hands, Roman numeral, and stick indices. Priced at INR 11,995, it's the epitome of affordable luxury and features in gold, rose-gold and silver tones.

Telling time has never been more stylish—or more giftable, introducing the Raquel Watch Ring. These statement-making trendsetters are coveted for their compact size and unique design, making them an instant favorite. Available in rose gold, silver, and gold tones, the Raquel Watch Ring features a rectangular shape, metallic sunray watch face and a flexible band to fit any finger, each adding a touch of glamor to your daily OOTDs. We assure you that these delightful treasures of timeless joy are sure to leave a lasting smile on your face

Accessories

Our Jessie Bucket Bag is every woman's delight, combining space, versatility, and luxury in one elegant package. Crafted from quality rich brown & black leather that softens with time, this modern take on the iconic silhouette exudes sophistication. Enhanced with Fossil's signature Knurling and an engravable Legacy Charm, it comes in two versatile sizes. Priced at INR 19,995, it represents a timeless investment in both style and quality.

Our woven neutral Jessie Bucket Bag , priced at INR 21,995, is an ideal choice for those inclined towards understated luxury. Featuring a central zipper compartment and a detachable shoulder strap, it seamlessly blends practicality with refined elegance, catering perfectly to the needs of the modern woman on the go.

This Jessie Bucket Bag is our reinterpretation of the iconic silhouette, crafted in captivating woven neutrals and adorned with distinctive Fossil design elements including our Signature Knurling and customizable Legacy Charm.

FOR HIM

"When it comes to choosing accessories like watches, I prioritize designs that seamlessly blend functionality and versatility with effortless style, which is why Fossil stands out as the perfect brand for me and every modern man," shares Varun Dhawan, Fossil India brand ambassador. "As someone who enjoys reinventing his personal style and experimenting with new looks, I find the distinctive, well-crafted watches of the Fossil Spring 2024 Collection to be the perfect companions for all occasions."

Timepieces

Rev up your style and make a bold statement with Fossil Sport Tourer watches, where functionality meets the adrenaline rush of racing. These refined timepieces are more than just accessories, they're an ode to the spirit of automotive culture. With a Japanese center second chronograph movement, high-performance tachymeter bezel, and lume hour markers, each watch in this collection is engineered for the road ahead. Can't decide? Take a cue from Varun's favorites—the rugged brown leather strapped timepiece with an off-white sunray dial, or the sleek silver stainless steel watch boasting a bold black sunray dial. Join the race and let your wrist be the ultimate statement of speed and style

So, what accessories and classic timepieces are you bringing home this Spring season?

Available at select online and offline stores

ABOUT FOSSIL

Fossil is a leading global lifestyle accessories brand inspired by creativity and ingenuity, dedicated to connecting people to what matters most: time. Fossil takes pride in creating timeless and exceptionally crafted watches, leather goods and jewelry—designed to accompany you on every journey life presents. As a trailblazer in the industry, Fossil brings innovation and style to its accessories, while also working diligently to Make Time For Good™, a platform created to enact positive change for the brand’s people and communities.

Bank of Baroda Teams Up With Kunaal Roy Kapur For PehchaanCon 3.0 Campaign To Spread Awareness On New-Age Financial Frauds

* Releases two new ad films to inform and educate people on emerging threats in the digital age and how one can protect themselves

Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the release of its #PehchaanCon 3.0 Banking Fraud Awareness campaign. Building upon the success of the earlier two editions, the latest campaign seeks to raise awareness about new-age financial frauds such as Artificial Intelligence-generated Deepfake scams that can succeed in duping even the most vigilant customers.

In Phase 3 of the #PehchaanCon campaign, the Bank has released two new ad films featuring actor Kunaal Roy Kapur. Combining the use of humour with informative content, these videos illustrate how anyone – even the smartest and strongest amongst us – can end up getting conned. Using the latest deepfake tech to deceive individuals by masquerading as a family member/a close acquaintance or targeting online shoppers by posing as a delivery agent asking for an OTP, which is then used to hack into one’s personal data, fraudsters are using a range of methods to try and dupe people.

The ads showcase how anyone is vulnerable to falling prey to such an attack. Kunaal Roy Kapur plays the role of the quiet and compassionate doctor to whom his patients pour their hearts out to, while also contemplating how to protect themselves from such kinds of frauds in future. The ads emphasise that by being alert, watchful and being able to recognise a fraud/fraudster or Con, customers can protect themselves and their confidential financial information and enjoy a safe and secure online banking and shopping experience.

Shri Lal Singh, Executive Director, Bank of Baroda said, “Online frauds aimed at defrauding people have become more common nowadays and are an ever-present threat. Further, with the advent of new technologies, the modus operandi of financial cons also keeps evolving rapidly. Hence, all of us need to be extremely alert and learn to identify a potential fraud/scam. Bank of Baroda's PehchaanCon campaign emphasises the importance of self-vigilance to customers so that they can ensure the safety of their hard-earned money from the threats presented by cybercriminals.”

In essence, the campaign aims to amplify the message: Stay informed and stay alert. Watch the videos here:  PehchaanCon Film #1 and PehchaanCon Film #2. 

A multi-channel campaign, the #PehchaanCon 3.0 campaign will play across television, radio, digital and outdoor platforms.

Indus Appstore Launches The Voice Search Feature In 10 Indian Languages

-          Users can now discover and engage with apps by using voice search in native languages

PhonePe’s Indus Appstore, India’s homegrown app marketplace, today announced the launch of its Voice Search feature available in 10 Indian languages in addition to English.

This innovative feature transforms the user experience, enabling users to discover apps through voice search in their preferred language. The Voice Search technology is powered by artificial intelligence and machine learning algorithms, ensuring accuracy and precision in understanding diverse accents and speech patterns offering relevant search results.

Vernacular language speakers account for approximately 75% of India’s Internet user base underscoring the need to bridge the linguistic barriers that come with discovering and engaging with apps. Traditional text-based search in regional languages pose numerous challenges, including the need for specialized keyboards and complex character compositions. These hurdles hinder seamless communication.

Indus Appstore’s Voice Search technology elevates user experience by allowing users to freely express themselves in their local language with just a tap of the voice search button. This aligns with Indus Appstore’s mission to empower users with inclusive and accessible features, catering to varying levels of literacy and linguistic preferences. Additionally, this new feature is a positive development for app developers as it is proven to boost app installs.

Speaking on the launch, Akash Dongre, Co-founder and CPO, Indus Appstore said, “The new Voice Search feature is our effort towards creating an inclusive and accessible app store. With 82% of smartphone users engaging in voice-activated technology, integration of Indian languages has been the strongest growth driver for tech across the six-to-sixty age spectrum. The user-centric feature positions Indus Appstore at the forefront of transformative Voice Technology that is the need of the decade."

About Indus Appstore

Indus Appstore is a native Android-based mobile app store, designed to fulfill the localized and cultural needs of Indian consumers. With an extensive array of categories it seeks to provide users a localized, contextual and a personalized experience. Indus Appstore is available in English and 12 Indian languages, which allows users to explore the ap p store in their preferred language.

For developers, Indus Appstore provides a fair and level playing field to list, distribute & promote their products in the Indian app ecosystem. It provides a self-publishing platform, localization services, multiple tools to monitor and grow their apps along with a dedicated 24×7 customer support.

For more details: media@indusappstore.com

Dale Carnegie Recognized Among The Top Training Companies Of 2024 For Leadership Training By Training Industry

Training Industry, Inc. has announced its prestigious selection of Dale Carnegie as one of the top companies in the Leadership Training sector for 2024. This recognition underscores Dale Carnegie's exceptional contributions and innovative approach within the corporate learning and development (L&D) market.

Selection to the 2024 Training Industry Top Leadership Training Companies lists was based on a comprehensive evaluation of various criteria. This included assessing the breadth and quality of program and service offerings provided by each company, examining their industry visibility, innovation, and impact within the leadership training market, analysing the representation of clients and customers served by these companies, and evaluating their business performance and growth metrics. Each criterion was meticulously considered to identify the most outstanding and impactful leaders in the field of leadership training, ensuring that the selected companies excel not only in delivering effective programs but also in making significant contributions to the evolution and enhancement of leadership development practices across industries.

Pallavi Jha, Chairperson and Managing Director of Dale Carnegie India, shared her perspective on this achievement, stating, "We are honoured to be recognized by Training Industry, Inc. as a top provider of leadership training. At Dale Carnegie, we are committed to empowering leaders with the skills and confidence they need to drive meaningful change and success within their organizations."

The company's innovative methodologies and dedication to excellence have earned it widespread acclaim and trust among leading organizations across sectors. This recognition underscores Dale Carnegie unwavering commitment to elevating leadership standards and driving organizational growth here in India as well, empowering leaders to navigate complex challenges and achieve lasting success in their professional journeys.

Dale Carnegie India 

Dale Carnegie Training India is part of an over 100-year experienced brand and has been operating for the past 20 years in the Indian market, where we have successfully partnered with over 8500 clients and have trained more than 700,000 candidates across Industries to produce measurable business results by improving people performance. We have helped organizations meet their goals using Dale Carnegie’s proven methodology and unique content. Our programs for these have seen outstanding business results. DCTI works with companies using the unique iMAP process wherein we customize our solutions so that they dramatically impact results for a company, department or team. Our numerous testimonials from leading organizations are proof of our empirical approach to problem-solving- that can link our solutions directly to performance enhancement at work and the desired business outcome. 

Drone Destination Appoints Dentsu Creative As Its PR Agency

* Dentsu Creative to handle the PR & Investors Relations mandate of Drone Destination

* Drone Destination is India’s largest DGCA-authorized Remote Pilot Training Organization and a leading Drone as a-service player

* The company is now expanding its presence across the entire spectrum of the drone ecosystem in India

Drone Destination, a leading name in the UAV (Unmanned Aerial Vehicle) industry and listed on the National Stock Exchange (Stock Code - DRONE) announced its association with Dentsu Creative PR as its official public relations & investor relations agency. Dentsu Creative PR will leverage its PR expertise to formulate & execute communication strategies for Drone Destination, as well as manage media relations from its Gurugram office.

Drone Destination is undertaking one of the biggest expansions in the Drone industry in India by growing its presence across the entire ecosystem of drones - from Drones & Drone Components to after-sales support,  ‘Drone as a Service’ for various applications, Drone Education and Drone Sports.      

Commenting on the association, Alok Sharma, Chairman of Drone Destination said, “As we undertake steps to do our bit towards the Hon’ble PM's vision of ‘Make in India’ and ‘Atmanirbhar Bharat’, it gives me pleasure to partner with one of the most experienced and respected agencies in the country – Dentsu Creative PR. Communication and stakeholder engagement is extremely critical in business,  especially in a sunrise industry like Drones. Their understanding of our business and strategic insight-led engagement will certainly strengthen and reinforce our market positioning while benefiting the industry as well. We look forward to working on a wide range of initiatives having multiple ramifications to transform the current scheme of things across businesses and governance.”

Dwelling upon the importance of this partnership for the development of a healthy drone ecosystem in the country, Chirag Sharma, MD & CEO of Drone Destination said, “Drone Destination has embarked upon an ambitious journey to make India self-reliant in each and every aspect of drone technology. Our offerings and quality of products and services are finding resonance with industry stakeholders including the country’s financial markets. We are confident that this association will help the audiences take notice of the impact, efficiency and transparency that drones can bring in every sector ranging from Agriculture, Manufacturing, BFSI, Energy, Railways, Retail etc. With their strategic clarity and class-leading professional acumen, we are sure that team Denstu Creative PR will help us to lead the way for Drones in India.”

Sanjeev Anand, President, Dentsu Creative PR added, “We are excited to announce our partnership with Drone Destination. As we embark on this exciting chapter alongside Drone Destination, we are poised to set a new standard of collaboration that stands as a testament to creativity, innovation, and the pursuit of shared success. This strategic collaboration will allow us to service the company with our strategies and innovative ideas that resonate with Drone Destination’s vision and objectives.”

About Drone Destination:

Drone Destination leads India's Drone industry, providing comprehensive services from certified drone pilot training to state-of-the-art Drone-as-a-Service (DaaS) solutions. Headquartered in New Delhi, Drone Destination pioneers commercial drone operations and training across diverse sectors like agriculture and infrastructure. Notably, as the first listed Drone Company on the NSE Emerge platform, Drone Destination holds a prestigious position in the industry. The training programs set the standard, equipping aspiring pilots with safety and efficiency skills, covering regulatory compliance to advanced maneuvers.

Simultaneously, Drone Destination focuses on DaaS, delivering tailor-made solutions for agriculture spray, aerial surveying, and asset inspection services. Committed to innovation, Drone Destination empowers individuals and industries through training and DaaS offerings, shaping the future of drone technology

please visit https://www.thedronedestination.com/

SBI Card Launches “SBI Card MILES” For Travel Enthusiasts

~First travel-centric core card in SBI Card portfolio; offers power of travel rewards redemption, accelerated rewards, complimentary airport lounge access, and much more~

SBI Card, India’s largest pure-play credit card issuer, has launched three variants of its first travel-focused core credit card “SBI Card MILES”. The card is aimed at bringing holistic travel benefits to travellers of all kinds – travel aspirers to frequent fliers to travel aficionados. SBI Card MILES offers compelling features that include conversion of Travel Credits to Air Miles and Hotel Points, accelerated rewards on EVERY travel booking, and airport lounge access among others. Empowering cardholders with absolute choice of redemption, the card partners over 20 airline and hotel brands including Air Vistara, Air India, Spicejet, Air France-KLM, Etihad Airways, Air Canada, Thai Airways, Qantas Airways, ITC Hotels, IHG Hotels & Resorts, and Accor among others.

According to Mr. Dinesh Kumar Khara, Chairman, State Bank of India, “The strong economic growth and robust consumption landscape has accentuated India’s position in the world. Even in travel sector, today, India is considered amongst the key source markets for outbound travel in many countries including those in Asia and Europe. I congratulate SBI Card on the launch of SBI Card MILES, a strong product that will redefine the travel experiences for Indian consumers.”

It is evident that Indians are increasingly becoming open to more and varied travel experiences. The three variants, SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES, have been designed to elevate these experiences through curated travel benefits. Cardholders can earn up to 6 Travel Credits on every INR 200 travel spend and up to 2 Travel Credits on spending INR 200 on other categories. The offerings under ‘SBI Card MILES’ bouquet enable cardholders to carry out an easy and seamless Travel Credits redemption across multiple renowned flights and hotel partners. One can convert these Travel Credits into Air Miles/Hotel Points of respective partners or directly use them to book air tickets and hotel accommodations by visiting SBI Card mobile app or website https://www.sbicard.com/. Alternatively, one can redeem them on SBI Card’s Rewards Catalogue as well.

Speaking at the launch Mr. Abhijit Chakravorty, MD & CEO, SBI Card said, “Our customer-centric approach has always driven us to design innovative products, solutions, and services that address the evolving and diverse lifestyle needs and offer customers an extremely rewarding experience. Indian travellers are large global spenders and naturally, with increased and more robust travel plans, consumers are looking for curated benefits to enhance their travel experiences. SBI Card MILES is our endeavour to offer our customers the best of all the travel benefits. The card has been designed to become one true travel partner for the cardholders. We are sure that our cardholders will enjoy the exclusive benefits offered by our travel-centric core card.”

SBI Card MILES ELITE comes with multiple and varied spends milestone benefits. These include up to 5000 Travel Credits on reaching spends of INR 1 lakh in 60 days of enrollment; up to 20,000 Travel Credits on spends milestone of INR 12 lakh; and spends-based fee reversal on reaching spends milestone of INR 15 lakh.

With airport lounge access being an important part of the overall travel experience, SBI Card MILES ELITE offers Priority Pass membership. Using the card, cardholders will be able to enjoy up to 8 complimentary domestic lounge visits and up to 6 international airport lounge visits in a year. What’s more, the card also enables users to earn additional domestic lounge access. Every time a cardholder achieves the cumulative spends of INR 1 lakh, cardholders will receive 1 gift voucher for lounge access that can be used by either the cardholder or the guest.

Importantly, SBI Card MILES ELITE cardholders will also enjoy a low foreign transaction mark up of 1.99% and travel insurance cover. The card will be available on Mastercard and RuPay network. The joining and annual fees of SBI Card MILES ELITE is INR 4,999 plus applicable taxes while SBI Card MILES PRIME and SBI Card MILES have a fee of INR 2,999 and INR 1,499 plus applicable taxes respectively.

Consumer Housing Sentiment Index Robust; Strong Buyer Confidence And Rising Incomes Boost The Sector: Magicbricks Report

- Housing Sentiment Index (HSI) of India stands at 149, Ahmedabad leads at 163

- Within different age groups, mid-age (24-35 years) professionals show the highest HIS (154).

Despite inflationary pressures, the Housing Sentiment Index (HSI) across India remains robust with strong buyer confidence, observed Magicbricks, India’s leading real estate platform.

Based on preferences of over 4500 customers across 11 cities, Magicbricks launched its flagship Housing Sentiment Index (HSI) revealing a positive market outlook for the Indian residential real estate sector with an overall HSI of 149[1]. Ahmedabad emerged as the frontrunner with the  highest HSI of 163, closely followed by Kolkata (160), Gurugram (157), and Hyderabad (156), propelled by enhanced infrastructure and upcoming new real estate projects.

According to Sudhir Pai, CEO, Magicbricks, "The current scenario of India's real estate sector reflects the most promising conditions witnessed in the past decade, instilling confidence among homebuyers and investors nationwide. It's also noteworthy that the demand is consistently surpassing available supply, showing encouraging signs of swift absorption when new inventory enters the market.”

The report also identified that mid-age professionals (24-35 age group) demonstrated the highest HSI (154). Furthermore, consumers with annual income of Rs 10-20 lakh displayed strongest aspirations for home buying, with HSI of 156.

Elaborating on the same, Abhishek Bhadra, Head of Research, Magicbricks chimed “Our research indicates that homebuyers are demonstrating a notable willingness to invest up to four times their annual incomes, serving as a significant gauge of prevailing sentiment and overall optimism within the market. This outlook is supported by various factors, such as increasing incomes, consistent economic stability, and targeted government initiatives aimed at reinforcing the resilience of the real estate sector.”

The report also revealed that a majority of homebuyers intend to make a purchase within 3 years, reflecting a promising outlook for both the present and future of the real estate market.

Incedo Co-founder & CEO Nitin Seth Unveils His Latest Book ‘Mastering The Data Paradox’

Renowned technology entrepreneur, thought leader and best-selling author Nitin Seth today announced the release of his latest book, "Mastering the Data Paradox," published by Penguin Random House India. The book unveiling event featured an esteemed panel of industry luminaries, including Pravin Rao, Former CEO, Infosys; Arvind Rathore – CEO & President, ARIT; Sudhir Banerjee, SVP, Teva Pharmaceutical.

Nitin Seth who is the Co-founder and CEO of Incedo Inc, previously served as the Chief Operating Officer of Flipkart, Managing Director and Country Head for Fidelity International in India, and Director of McKinsey’s Global Knowledge Centre in India. He is also the bestselling author of "Winning in the Digital Age," which won 5 Best Business Book Awards globally.

In "Mastering the Data Paradox," Seth draws from his extensive three decades career leading transformative initiatives in business, digital, data, and AI for global organizations. The book is a comprehensive, yet simple and actionable guide aimed at helping individuals and enterprises unlock the true potential of AI by leveraging the transformative power of data.

The book delves into the many paradoxes of data - its potential for positive impact versus its overwhelming complexity. Seth advocates that mastering the data paradox is necessary, and he attempts to answer key questions such as why and how AI powered by data can create transformational value for enterprises and individuals, how individuals and enterprises can effectively deal with data paradoxes to unlock the transformational value of data and AI, and what principles we can learn from life and apply to data, and vice versa, as we navigate the new world of data-enriched lives.

"We are living in a transformative era where data and AI are redefining every aspect of our lives," said Nitin Seth. "This convergence holds immense promise, and 'Mastering the Data Paradox' provides a clear roadmap for individuals, enterprises, and nations to harness the power of data and AI to create a better future."

Mukesh Mehta, EVP and Chief Information Officer, AssetMark said, “Mastery of data is the lifeblood of any organization, regardless of industry vertical; and ironically, it is one of the most significant yet fundamental threats to those who do not find a structured approach to rein in its complexity. Nitin Seth’s first book, the bestselling Winning in the Digital Age, is now enhanced by the context of his personal passion and practitioners’ experiences in understanding the overlap of the strategic complexity of data and the value of a sound perspective to drive success in a digital world. Sometimes, of course, timing is everything, and with the proliferation of advanced data tooling and AI-driven disruption, Mastering the Data Paradox provides a foundation for understanding the historical context of the data explosion, and how to manage what Seth refers to as the “dark side of data” to deliver true value. Effectively, this is a guidebook to navigate the truism that “Big Data is only valuable if it leads to Big Decisions”, whether to enhance your work environment; or uniquely, how data can be leveraged to advance “digital detox” to improve your personal life!”

Within a week of its release, the book has been declared a "National Bestseller" by both Penguin and Amazon India. It has since ranked #1 in Hot New Releases and achieved #1 bestseller status across 4 categories on Amazon, reflecting the overwhelming response from readers.

The book has received widespread acclaim from top industry leaders, including David Cohen, Founder & Owner of Simcah Management; Ashish Chand, President and CEO of Belden Inc; Dhrupad Trivedi, CEO of A10 Networks, Inc.; Michael J. Ragunas, Chief Technology Officer of Cetera Financial Group; Mukesh Mehta, EVP & Chief Information Officer of AssetMark; Leo Puri, Senior Financial Services Executive, Advisor, and Investor; Dinesh Khanna, Managing Director and Senior Partner at Boston Consulting Group; Dr. Anurag Agarwal, Dean of Biosciences and Health Research at Ashoka University; Anurag Rana, Senior Technology Analyst at Bloomberg Intelligence; and Som Mittal, Former President and Chairman of NASSCOM.

"Mastering the Data Paradox" is available for purchase online on Amazon and at all major book retailers and online platforms.

For more information about the book please visit https://masteringthedataparadox.com/

Managed Farmland Startup -Aranyakaa Delivers Ten Expansive Projects In A Short Span Of 3 Years

Aranyakaa Farms has ascended to remarkable heights in less than 3 yrs, venturing into managed farmland industry with a vision of crafting sustainable residential retreats away from the urban clamor. Having successfully completed nine projects in a short period and with the 10th nearing completion, the startup expects to attract an additional 250 crores in investments over the next two years. These funds will primarily focus on expanding the land bank, developing land, and boosting agricultural operations. Since its inception, Aranyakaa Farms has experienced significant land appreciation and exhibited robust financial results, establishing itself as a leader in the farmland realty industry. The company has successfully managed transactions involving 600 acres of meticulously maintained farmland, achieving considerable growth and delivering land appreciation rates of 50-75% across all its projects.

Aranyakaa has been dedicated to identifying and revitalizing uncultivated land into prime agricultural assets, carefully selecting sites known for their natural beauty and integrating traditional farming with advanced agricultural technologies. The company employs innovative water harvesting techniques to create fertile lands that support biodiversity and utilizes cutting-edge surveillance technology, including CCTV and IoT devices, to offer clients real-time farm data directly on their mobile devices.

Their forthcoming tenth endeavour, nearing completion, encompasses a sprawling 61-acre initiative in Berigai, Sarjapur. This ambitious project encompasses multifaceted initiatives such as water conservation, establishing a food forest, adopting permaculture principles, and introducing animal husbandry practices. The upcoming project will also include key features like the construction of around 200 interconnected water ponds and a 3-acre man-made lake to harvest rainwater for sustainable long-term use.

"At Aranyakaa Farms, we prioritize actions that ensure a comfortable life for present and future generations," said Mr. Amit Porwal, Director, Aranyakaa Farms. "We aim to bring nature, nurture, and agriculture to those yearning for an escape from the concrete jungle. Our projects are designed to be environmentally friendly and self-sustaining, offering our farm owners a beautiful and comfortable retreat."

With a steadfast commitment to sustainability, they have developed more than 10 acres of man-made lakes across all their projects and integrated rainwater harvesting methods throughout. Their dedication to nurturing a greener future is evident in their afforestation initiatives, having planted upwards of 20,000 saplings across their properties. This concerted effort has not only transformed landscapes but also cultivated a community of over 400 satisfied customers, embracing a harmonious farm lifestyle.

Aranyakaa’s initiatives not only generate significant rural employment but are also designed to harmonize with natural surroundings, emphasizing environmental best practices and self-sufficiency. Demonstrating strong financial performance and a customer-centric approach since its founding, Aranyakaa Farms continues to create long-term value for its investors and leads the way in sustainable practices, modern amenities, and innovative solutions in the farmland realty segment, offering a future-oriented lifestyle that seamlessly blends farming with hospitality for maximized investor profits.