Friday, February 7, 2025

Navneet Education Limited Introduces ‘Navneet AI’ Across India


~ Aims to Enhance the Teaching Experience for Educators Across India ~

Navneet Education Limited, a leader in the education sector, is excited to announce the launch of Navneet AI, an innovative platform designed to empower teachers with easy access to knowledge and resources. Leveraging Navneet's extensive catalogue of educational materials, Navneet AI's tools will help teachers deliver lessons more effectively by offering an interactive, user-friendly platform to create quizzes, homework, PPTs, Flashcards, summaries, and more.

For decades, teachers and students across India have relied on Navneet's renowned educational resources, including the popular Navneet Digests, comprehensive workbooks, Navneet 21 Most Likely Question Sets, Pre-Primary and various Children’s books. Navneet AI is based on 50,000+ Navneet resources and delivers interactive output to make classes more engaging and effective. By equipping teachers with a powerful tool to enhance classroom experiences, Navneet Education aims to bridge traditional educational resources with modern technology.

"Our goal with Navneet AI is to make learning resources more accessible and adaptable to the needs of today's educators," said Devish Gala, Director - Branding, Marketing and Sales at Navneet Education Limited. "By integrating digital technology with trusted content, we support teachers in their mission to inspire young minds. Navneet AI represents our commitment to staying current with technological advancements and catering to evolving educational demands."

Harshil Gala, CEO TopTech, Navneet Education Limited says, “With Navneet AI, we are revolutionizing the ways education is delivered, making learning more interactive and engaging for both teachers and students. At Navneet, we have always been at the forefront of innovation in education, and with this tool, we are taking a bold step towards the future, where technology empowers educators and enhances student learning outcomes like never before."

Navneet AI is India's first custom education model. In a world where generic AI chatbots are being marketed as study assistants for students, Navneet has deliberately chosen to create a platform designed specifically to support teachers. It operates on a multi-agent architecture, where each specialized agent plays a key role in shaping the output. These include the Curriculum Alignment Agent, Content Structuring Agent, Visual Design Agent, Assessment Creation Agent, Quality Verification Agent, and others, working together to ensure accuracy, clarity, and effectiveness in educational content.

This ensures strong alignment with educational standards and provides a solid foundation for effective learning. All of this is made possible by leveraging Navneet’s trusted content, built over six decades. This innovation is backed by years of expertise and experience, making it both groundbreaking and cost-effective, from innovation to delivery.

Navneet Education Limited will also host a series of workshops, titled ‘Q&AI’ with Navneet AI to introduce the platform to educators and guide them in maximising its potential. The workshops aim to provide hands-on experience, answer teachers' questions, and ensure educators feel confident using the platform to enrich their teaching methods.

As the education landscape continues to evolve, Navneet is proud to offer teachers a digital assistant with tools that combine its legacy of academic excellence with the promise of digital innovation. With Navneet AI, the company reaffirms its commitment to shaping the future of learning in India, blending tradition with technology to create a brighter, smarter classroom experience.

Carlsberg Strengthens Commitment To Brewing Excellence In Karnataka


As Carlsberg celebrates 177 years of brewing excellence with iconic brands of world-class beers from its global portfolio. From the crisp refreshment of Tuborg Green to the bold character of Carlsberg Elephant and the refined citrus notes of 1664 Blanc, Carlsberg continues to delight consumers with exceptional brews crafted with international quality brews with its nearly 200 years of history and heritage of brewing.

Carlsberg India has strong presence in Karnataka, achieving strong double-digit growth in sales—a testament to evolving consumer preferences and the growing demand for premium beer experiences. The recent relaunch of Carlsberg Elephant and Tuborg Classic, along with the expansion into the super-premium category with 1664 Blanc to follow, underscores Carlsberg’s dedication to offer consumers wide range of tastes with innovative choices.

“As one of the world’s most recognized brewing brands, we are committed to providing superior beer experiences through time-honored techniques, premium quality ingredients, and cutting-edge brewing technology,” said Nilesh Patel, Managing Director, Carlsberg India, “Karnataka is a key market for us, and we are proud to be part of its vibrant beer culture, bringing consumers a portfolio that caters to diverse tastes and preferences.”

Beyond great beer, Carlsberg believes in brewing for a better today and tomorrow. With a strong focus on sustainability, responsible consumption, and community engagement, the brand is committed to fostering meaningful connections and contributing to the growth of the Indian beer industry.

As part of its continued investment in the region, Carlsberg India will participate in the upcoming Invest Karnataka 2025 summit, reinforcing its long-term commitment to the state.

About Carlsberg India

Carlsberg India is a part of the globally renowned Carlsberg Group from Denmark, bringing nearly two centuries of brewing heritage to Indian consumers. With a commitment to quality and innovation, Carlsberg India offers a diverse portfolio of brews in India, including Carlsberg Smooth, Carlsberg Elephant, Tuborg Green, Tuborg Strong, Tuborg Ice Draft, Tuborg Classic, and 1664 Blanc.

Eurogrip Marks Entry Into USA Two-Wheeler Tyre Market Showcases Flagship Range At “AIM Expo 2025”


Eurogrip Tyres, India’s leading 2-wheeler and 3-wheeler tyre brand, is participating in AIM Expo 2025 - North America’s powersports tradeshow. This is the first ever showcase of Eurogrip’s two-wheeler tyre range in the USA, marking a new beginning.

Eurogrip Tyres showcased its premier 2-wheeler tyre range representing its range in sport touring, off-road and trail categories amongst others. Prominent products on display include Climber XC, Bee Connect, Roadhound, Trailhound STR, Trailhound SCR and Protorq Extreme. Eurogrip is present at Booth No 3167, Las Vegas Convention Centre, South Hall, Las Vegas. The show is on from 5th to 7th February.

Speaking about Eurogrip Tyres participation at AIM Expo, Mr. P Madhavan, EVP - Sales and Marketing, TVS Srichakra Ltd said, “We are delighted to be entering the USA market with our high performance 2-wheeler tyre range. AIM Expo is a great platform that offers us the opportunity to engage with the right business prospects. We look forward to interesting discussions with potential trade partners, media and automotive influencers, and are optimistic about the brand’s presence in North America in the near future. This is another step towards our ambition of becoming a global 2-wheeler tyre specialist.” 

As North America’s largest Motorcycle and Powersports Tradeshow with international reach, AIM Expo 2025 is expected to draw a huge crowd with more than 3000 participants from more than 50 countries.  Organized by Motorcycle Industry Council, it brings together industry, media and dealers in a single arena.

Marriott International Asia Pacific Excluding China Region Celebrates Year Of Record-Breaking Growth With Over 100 Signed Deals In 2024


* With record annual deals and rooms signings, the company’s APEC region added over 21,000 rooms to its development pipeline in 2024, driven by strategic conversion and multi-unit agreement strategy

Marriott International, Inc. (Nasdaq: MAR) today announced another year of strong growth in the Asia Pacific excluding China (APEC) region, signing a record 109 deals across 11 markets, contributing 21,439 rooms to the region’s development pipeline, closing the year with 77,532 total rooms in the region’s year-end pipeline. The company continues to expand its portfolio in the region across market segments, including its debut in the midscale segment and its expansion of its luxury portfolio, reinforcing Marriott’s lead in the region’s evolving hospitality landscape.

“2024 was a record-breaking year for Marriott International in APEC, with exceptional growth driven by key development milestones, market expansions, and the introduction of new brands in sought-after destinations,” said Rajeev Menon, President, Asia Pacific excluding China, Marriott International. “As we continue to meet the evolving needs of modern travelers, APEC remains a pivotal region in our company’s growth strategy, reinforcing our position as a leader in the global hospitality industry.”

Accelerated Growth Across Segments

In 2024, Marriott signed 109 deals representing 21,439 rooms in APEC, bringing its regional pipeline to 363 properties and 77,532 rooms — a 12% year-over-year increase. India, Japan and Indonesia were the highest growth markets in the region, comprising 72% of the region’s deal signings in the year.

Growing the luxury portfolio in the region remains a key focus, accounting for 19% of signed deals in 2024. More than 20 agreements were signed representing 4,600 rooms in the region across six Marriott International Luxury Group brands, meeting the increasing demand from affluent travelers seeking high-end, experiential stays in both established and emerging destinations. This includes the expected debuts of EDITION in Jakarta, Indonesia, and Mumbai, India; The Ritz-Carlton in Jaipur and Udaipur, India; a second W Hotels in Singapore; and more.

Multi-unit agreements and conversion opportunities played a key role in the region’s pipeline growth, with conversions representing 36% of 2024 signings. Marking the company’s regional debut in the affordable midscale space, Marriott launched Four Points Flex by Sheraton in Japan, as part of a strategic multi-unit agreement with KKR to convert 14 properties across 10 cities in Japan. In November 2024, the brand celebrated its official debut in the region and the company’s 100th property in Japan with the opening of the Four Points Flex by Sheraton Osaka Umeda. 

“As Marriott continues to expand its presence across APEC, we aim to continue broadening our portfolio of best-in-class brands and unforgettable experiences to meet the growing demand for travel,” said Shawn Hill, Chief Development Officer, Asia Pacific excluding China, Marriott International. “By enhancing our offerings and entering new markets, we’re not only aiming to deliver greater value to owners, franchisees and developers, but also adapting to the evolving needs of today’s travelers — across all stay purposes and experiences.”

Market Expansion and Brand Debuts

In 2024, Marriott entered new destinations and celebrated brand debuts in the region, centered around its growing traveler base. The company debuted in Papua New Guinea with the opening of Marriott Executive Apartments Port Moresby, increasing its operating presence to 22 countries and territories in APEC.

Following the brand’s success in Japan, South Korea and Australia, the lifestyle-focused Moxy Hotels brand also made its debut in key cities, including Moxy Bengaluru Prestige Tech Cloud in India, Moxy Putrajaya in Malaysia, and Moxy Bangkok Ratchaprasong in Thailand, catering to a new generation of travelers seeking vibrant and design-forward stays.

Celebrated Milestone Openings

Building on a record-breaking year of development and pipeline growth, the company also celebrated significant opening milestones in APEC, including:

600th property in APEC – Adelaide Marriott Hotel, Australia

150th property in India – Katra Marriott Resort & Spa

50th property in Malaysia – Penang Marriott Complex

100th property in Japan – Four Points Flex by Sheraton Osaka Umeda

 With an expanding portfolio, Marriott International in APEC closed 2024 with 635 open properties across 25 brands in 22 countries and territories, underscoring its position as a hospitality leader in the region. As Marriott continues to expand its offerings, the breadth and depth of the company’s portfolio remains well-positioned to offer a compelling value proposition for developers and real estate investors.

Toyota Kirloskar Motor Expands Road Safety Commitment With Successful Conclusion Of Toyota Safety Education Programme In Delhi


Reinforcing its commitment to road safety, Toyota Kirloskar Motor (TKM) today successfully concluded its flagship initiative, the Toyota Safety Education Programme (TSEP) – "Road Safety – My Right, My Responsibility"— at KV No. 2 Cantonment, Dr. Sarvapalli Auditorium, Delhi. This impactful event was graced by Chief Guest Mr. Rajnesh Singh – Director, Ministry of Heavy Industries alongside esteemed Guest of Honour Mr. S.K. Singh, Deputy Commissioner of Police (Traffic) and TKM's senior leadership, including Mr. Vikram Gulati, Country Head and Executive Vice President - Corporate Affairs and Governance, Toyota Kirloskar Motor.

Designed to instil a sense of responsibility among young road users, TSEP actively engages school children, empowering them to become road safety ambassadors within their communities. This initiative is part of TKM's broader vision to achieve zero road fatalities by nurturing future generations to adopt safer and more responsible road usage.

Building on the success of TSEP Batch 1 in Bangalore and today’s event in Delhi, TSEP will continue its expansion with sessions scheduled for Batch 2 in Bangalore on 8th February and Mumbai on 11th February. In 2025, the program aims to reach over 70,000 students and 600 teachers across 140 schools, demonstrating TKM's unwavering commitment to nationwide road safety education.

A highlight of the event was the creative involvement of students in engaging activities such as poster-making, skits, songs, Mad Ads, and fact-based video presentations. These interactive sessions offered a platform for students to showcase innovative solutions for promoting road safety, making the learning experience both enriching and enjoyable. The event also featured award ceremonies recognizing the exceptional efforts of participants in advancing road safety awareness.

The program’s measurable impact is evident, with participant awareness levels rising from 39% to 60% underscoring TSEP's effectiveness in instilling vital road safety knowledge and fostering positive behavioural change. To sustain momentum, each participating school established dedicated Road Safety Clubs led by teachers, fostering peer-to-peer learning and ongoing student engagement. These clubs have become pivotal in sustaining road safety initiatives within school communities.

TKM's holistic "Real World Safety" approach integrates safe vehicle manufacturing, user education, and traffic environment improvements to tackle India's road safety challenges. Since its inception in 2007, TSEP has impacted over 800,000 students nationwide, leveraging its "Child to Community" model to encourage students to become proactive advocates for road safety within their families and communities.

TSEP employs a distinctive and impactful ABC Approach:

Awareness: Raising awareness about road safety rules.

Behavioural Change: Encouraging positive behavioural shifts.

Campaigns: Engaging communities through innovative campaigns.

This comprehensive framework nurtures responsible behaviour and a lifelong commitment to safer road practices. Additionally, TSEP empowers educators by providing structured road safety training, enabling teachers to effectively guide students. The program also advocates for integrating road safety education into school curricula, ensuring sustained learning and lasting community impact.

Present at the occasion, the Chief Guest – Mr. Rajnesh Singh – Director, Ministry of Heavy Industries said, “Road safety is a critical concern in India, and it is imperative that we address it through sustained and impactful educational initiatives. Toyota Kirloskar Motor’s Safety Education Programme is a commendable step in this direction, engaging young minds to become ambassadors of road safety within their communities. By instilling the right knowledge and behaviours at an early age, we are not only shaping responsible citizens but also contributing significantly to the vision of safer roads across the nation. I am confident that programs like TSEP will inspire more organisations to take active roles in promoting road safety.”

Speaking at the event, the Guest of Honour – Mr. S.K. Singh, Deputy Commissioner of Police (Traffic) said, “Ensuring road safety requires collective responsibility, and education plays a pivotal role in shaping responsible road users from an early age. Toyota Kirloskar Motor’s Safety Education Programme is a remarkable initiative that empowers students to become proactive advocates for road safety, extending its impact beyond schools into communities. The enthusiasm and creativity displayed by these young minds today are truly inspiring, and I commend Toyota for its unwavering commitment to making India’s roads safer. By nurturing awareness, fostering behavioural change, and driving community engagement, this program is paving the way for a safer and more responsible future.”

Sharing his thoughts, Mr. Vikram Gulati, Country Head and Executive Vice President - Corporate Affairs and Governance, Toyota Kirloskar Motor said, “At Toyota Kirloskar Motor, safety is not just a priority—it is a core value. Being part of the automobile industry, our focus is not only on manufacturing safe cars but also on ensuring people’s safety on roads. Through the Toyota Safety Education Programme, we aim to nurture responsible road behaviour among the youth, driving a long-term impact in building safer communities. The overwhelming participation and creativity displayed by the students today reaffirm our belief in the power of education to bring about meaningful change. Our vision is to build a culture where safety is second nature to every individual, and I believe that by educating the youth today, we are building a safer tomorrow.”

TKM extends its sincere appreciation to all partner schools, teachers, and students whose unwavering support and creative contributions have significantly amplified the program’s outreach. Since 2001, Toyota Kirloskar Motor has been deeply engaged in community development through diverse initiatives in Education, Environment, Road Safety, Skill Development, Health, Hygiene, and Disaster Management. Through these sustained efforts, TKM has positively impacted over 2.3 million lives, reaffirming its commitment to fostering safer, healthier, and more empowered communities across India.

Radisson Hotel Group Marks Debut of Park Inn & Suites Brand In Yelahanka, Bengaluru


This opening marks the debut of the Park Inn & Suites brand in Bengaluru and will be the second operational hotel under this brand in India. The Group currently has five operational hotels across Bengaluru under multiple brands, including Radisson Blu, Radisson, and Radisson Individuals.

Radisson Hotel Group expands its brand presence in Bengaluru with the opening of Park Inn & Suites by Radisson Bengaluru Yelahanka, marking its sixth operational property in the city. As part of the Group’s master franchise partnership with Treebo Hospitality Ventures (THV), this launch contributes to the ambitious goal of establishing 150 hotels under the ‘Park Inn & Suites by Radisson’ brand over the next 10 years. This milestone reflects the Group’s vision to provide midscale hospitality solutions tailored to middle-income travellers in emerging markets. in emerging markets.

Strategically located in Yelahanka, the hotel blends leisure and business with its proximity to industrial areas like Doddaballapur and Bengaluru International Airport. Guests will also have convenient access to the city’s cultural and business landmarks, including Bangalore Palace, Nandi Hills, Vidhan Soudha, Manyata Business Park and UB City. Situated on the Yelahanka-Doddaballapur Highway, the property is a 25-minute drive from Kempegowda International Airport and just 15 minutes from Yelahanka Railway Station, making it ideal for travellers arriving by air, road, or rail.

“Park Inn & Suites by Radisson Bengaluru Yelahanka, our second operational hotel under this brand, marks a key step in Radisson Hotel Group’s expansion strategy. The brand’s conversion-friendly model and strong value proposition have driven its rapid growth. This opening reinforces our presence in Bengaluru and aligns with our long-term growth strategy in high-demand urban markets across India. Yelahanka, with its blend of business hubs and cultural landmarks, is an ideal location for this opening. We remain committed to expanding our presence and providing quality hospitality in key cities across South Asia,” said Nikhil Sharma, Managing Director & Area Senior Vice President, South Asia, Radisson Hotel Group

The hotel features a range of modern amenities designed to provide guests a memorable and comfortable stay. Guests can unwind and rejuvenate at the fitness center or indulge in a soothing experience at the wellness spa. For those looking to relax, the swimming pool provides the perfect escape, while the all-day dining and beverage options cater to every culinary need. For business or special events, the hotel has versatile banquet and meeting facilities with dedicated indoor and outdoor spaces.

“We are delighted to see Park Inn & Suites by Radisson establish its presence in Bengaluru with the opening of this property in Yelahanka. The brand’s ability to deliver world-class amenities and exceptional value at accessible price points resonates strongly with both travelers and hotel owners. This launch reflects the growing demand for midscale accommodations in key urban markets, and we are proud to contribute to Radisson Hotel Group’s vision of redefining hospitality standards across India. We look forward to building on this momentum and further expanding the brand’s reach with the trust and support of our partners,” said Sidharth Gupta, Co-founder & CEO, Treebo Hospitality Ventures.

“We are honored to collaborate with Radisson Hotel Group and Treebo Hospitality Ventures to bring Park Inn & Suites by Radisson to Bengaluru. This hotel is thoughtfully positioned to address the growing need for quality midscale accommodation in Yelahanka, a rapidly developing hub for industrial activities, connectivity, and cultural heritage. We are grateful to our partners for their trust in this venture and are committed to delivering a hospitality experience that aligns with Bengaluru’s dynamic growth and evolving needs” said Mahesh N R of Sai Leela Hospitality, the hotel’s Owner.

“We are thrilled to bring the debut of Park Inn & Suites by Radisson to Bengaluru, offering guests a perfect blend of comfort, convenience, and world-class hospitality in the dynamic hub of Yelahanka. With our strategic location and modern amenities, we are committed to delivering exceptional experiences for both business and leisure travelers” said, M. Sathya, General Manager of the hotel.

Radisson Hotel Group continues to command a leading presence in the Indian market and is one of the country’s largest international hotel operators with over 199 hotels in operation and development. It continues to be the largest hotel operator in a tier-1 market like Delhi NCR, while over 50% of its portfolio is in tier-2 and 3 markets. With hotels in over 114 destinations across India, Radisson Hotel Group has properties located within a 4-hour drive of each other. The Group has successfully introduced various brands to the growing Indian market, including Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Inn by Radisson, Park Plaza, Park Inn & Suites by Radisson, Country Inn & Suites by Radisson, and Radisson Individuals and its extension Radisson Individuals Retreats

RedBeryl™ And D’MONDE Members Club Redefine Luxury With Exclusive Partnership


~ This collaboration brings bespoke concierge services, luxury travel, and curated experiences to D’MONDE members. ~

RedBeryl™, a premier luxury lifestyle management company, is proud to announce an exclusive partnership with D'MONDE Members Club, an elite network that is known to provide unparalleled privileges to its members. This collaboration is set to redefine the luxury lifestyle, giving members from both RedBeryl™ and D’MONDE access to a world of bespoke concierge services, luxury travel, curated dining, and exclusive events.

Through this partnership, members of RedBeryl™ and D'MONDE can enjoy the best of both worlds. RedBeryl™ will provide D’MONDE members with its signature offerings, including seamless travel arrangements through #TravelwithRED, exclusive culinary experiences with #TastewithRED, and tailored wedding planning through #WedwithRED. Whereas, RedBeryl™ members will gain privileged access to D’MONDE’s global network, enjoying its unique wellness privileges, and extraordinary curated events.

Talking about the partnership, Manoj Adlakha, Founder & CEO, RedBeryl™, said, “Luxury is not only about access but also about experiences that leave an indelible mark. At RedBeryl™, we go beyond expectations to create moments that feel effortless yet extraordinary. This collaboration with D’MONDE is an exciting step in bringing our signature services to a select group of connoisseurs who expect nothing less than the best.”

D’MONDE Management added, “This collaboration is yet another testament to D’MONDE’s ongoing commitment to enhancing the lifestyle of our members with new, exclusive benefits and experiences. We remain dedicated to offering sophisticated, personalized services that consistently redefine luxury, ensuring that our members have access to ever-evolving, bespoke moments that align with their unique tastes and desires.”

Through this collaboration, RedBeryl™ is setting a new benchmark for luxury living, transforming every experience into an art form. From travel to dining to weddings, RedBeryl™ ensures that every moment is tailored to the desires and tastes of its members.

Hero MotoCorp Reports Revenue Of Rs 10,211 Cr. In Q3 FY’25; PAT At Rs.1,203 Cr Grows By 12%


Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today, reported its financial performance for the third quarter (October–December 2024) of FY’25.

The company's Revenue from Operations for the quarter stood at Rs. 10,211 Crore, this is the third consecutive quarter when the Company has reported revenue above Rs.10,000 Crore. Furthermore, the EBITDA margin expanded over the previous year and stood at 14.5%. Profit After Tax (PAT) stood at Rs.1,203 Crore, a growth of 12% over the previous year.

The consolidated Revenue and PAT for the quarter were Rs.10,260 Crore and Rs.1,108 Crore, respectively.

The company declared an interim dividend of Rs. 100 per share i.e. 5000%.

Hero MotoCorp gained market share in the 100cc segment through Splendor and in the 125cc segment through Xtreme 125R and Super Splendor. It also reported the highest-ever quarterly retail sales, led by the highest-ever festive retail.

Hero MotoCorp’s growth was also led by robust performance in both the EV and global businesses. VIDA reported highest-ever monthly retails and gained market share during the quarter. The company also gained momentum in global business, growing ahead of the industry; Bangladesh and Colombia leading the way.

The company recently launched four products at the Bharat Mobility 2025, bolstering presence in premium and scooter segment. The deliveries of the new products will commence in March 2025.

Vivek Anand, Chief Financial Officer (CFO), Hero MotoCorp, said, “The performance in this quarter and fiscal year, reflects the successful execution of our strategic priorities. Demonstrating strong year-to-date results in both top-line and bottom-line growth, we have achieved the highest-ever nine-month revenue and profits.

“As we move into the next fiscal year, the products launched at Bharat Mobility will further strengthen our presence in the premium and scooter segments.

“The Union Budget 2025's emphasis on tax relief for the middle class, along with continued investment in infrastructure and support for the agricultural sector, is expected to boost consumer confidence and drive demand growth in the auto industry.”

Ujjivan Small Finance Bank Submits Application For Universal Banking Licence


Ujjivan Small Finance Bank (Ujjivan), one of the leading small finance banks has announced today the submission of the application for Universal Banking licence to the Reserve Bank of India (RBI).

This step aligns with the Bank’s long-term vision to strengthen its offerings and its position in the sector. The Bank has consistently demonstrated strong financial performance and a commitment to financial inclusion, serving a diverse aspiring customer base. Ujjivan is prepared to join the ranks of universal banks, considered a very significant milestone in its evolution, subject to RBI granting its approval to its application.

Commenting on the development, Mr. Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank said, “Following the guidelines set by the Reserve Bank of India (RBI), we have submitted our application today and are seeking the regulator's approval for the voluntary transition from a Small Finance Bank to a Universal Bank. The Bank has consistently demonstrated strong financial performance and a commitment to financial inclusion, serving a diverse customer base across the country. Securing the Universal Banking licence, if approved, will strengthen Ujjivan’s efforts to provide holistic financial services to its customers and empower all aspiring Indians with a wider range of banking solutions.”

The Bank recently announced its Q3 FY2025 results showcasing positive growth momentum across its business segments. The diversification of loan book has seen accelerated results, with the secured segment contributing to 39% to the overall loan book. With an inclusive approach to Micro Banking, the Bank recently reduced its interest rates for the Group and Individual Loan and now has one of the lowest interest rates among Small Finance Banks. This has been possible due to its performance and efficient management of microfinance stress through better asset quality.

About Ujjivan Small Finance Bank (www.ujjivansfb.in)

Ujjivan Small Finance Bank Limited is one of the leading small finance banks. Ujjivan Small Finance Bank began operations in February 2017 and currently serves ~93+ lakh customers through its 753 branches and 24,000+ employees spread across 26 states and union territories in India. Gross loan book stands at ?30,466 crore with a deposit base of ?34,494 crore as of December 31, 2024. The bank remains committed to serving unserved and underserved segments through financial and digital inclusion, as a mass-market bank. The strengthened digital interfaces across regions and languages have empowered Ujjivan SFB customers to seek timely and easy access to finance at all times. The Bank has been assigned a credit rating of AA- (Stable)/A1+ from CARE/CRISIL respectively towards its long-term bank facilities, fixed deposits and CD program depicting sustenance of Banks Performance.

FADA Releases Jan'25 Vehicle Retail Data For The State Of Karnataka


The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Jan'25 for the State of Karnataka.

Jan’25 Retails

Commenting on how Jan’25 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The month of January has been a good start to the calendar year 2025 in Karnataka for Auto retail. Most of the categories have seen a growth with PV at 6.66%, 3W at 11.22%, CV at18.17 and tractors at 7.91% While 2W is negative at -2.29%. We are hoping that the momentum will continue for the rest of the year with 2w also growing.”

Thursday, February 6, 2025

Boeing Plans To Deliver 2 Planes A Month In india During 2025


According to recent reports, Boeing is planning to deliver around 2 aircraft per week to India, which translates to roughly 8-10 planes per month, signifying a significant increase in deliveries to the Indian market over the coming year and a half. 

Key points about Boeing's India delivery plans:

High volume deliveries:

Boeing's India president, Salil Gupte, has stated that India could be receiving deliveries of 2 aircraft per week in the near future. 

Potential slowdown in 2025:

While the current delivery rate is expected to be high, some analysts predict a possible slowdown in 2025 due to global supply chain issues and potential production caps on Boeing aircraft. 

Impact on Indian airlines:

This increased delivery rate could help Indian airlines expand their fleets rapidly, particularly with carriers like Air India and Akasa Air placing large orders. 

Genpact Accelerates Innovation Through Service-As-Agentic-Solutions


* Moves beyond generic AI models to domain-specific autonomous agent-led delivery

Genpact (NYSE: G), a global advanced technology services and solutions company, today announced the launch of its Agentic Solutions as part of its pivot to reimagining delivery. Genpact’s Service-as-Agentic-Solutions will accelerate innovation for enterprises by fundamentally changing the way services are delivered, enabling business operations to evolve from traditional, linear models to autonomous agent-led delivery.

"The rapid evolution of intelligence is reshaping the future of work. Businesses are looking to effectively embed AI at scale,” said Balkrishan “BK” Kalra, President and Chief Executive Officer, Genpact. “The key unlock is mass personalization and precision supported by strong governance of autonomous agent-led delivery. Our deep domain and process expertise allow us to build scalable Agentic Solutions, empowering enterprises to realize the full potential of AI while enhancing control and trust.”

Accelerating the company's move to Service-as-Agentic-Solutions, Genpact is introducing its own Agentic Solutions. These are trained with an industry-specific semantic layer that allows agents to learn, adapt, and make autonomous decisions based on real-world feedback.

Genpact’s Agentic Solutions are uniquely positioned to: 

Enable mass personalization: Genpact’s contextual expertise facilitates modular design, ensuring flexibility, scalability, and efficiency in every solution. The company moves businesses beyond standardized processes to hyper-personalized, AI-driven service delivery.

Drive precision: Unlike generic AI implementations, Genpact embeds granular industry-specific knowledge into its agents – making them self-improving to drive precision, adaptability, and deeper insights.

Deploy responsible AI: As businesses delegate more tasks to AI, observability, security, and control become critical. Genpact’s teams act as guardians to agents by integrating guardrails and providing human oversight to monitor AI actions, prevent errors, and maintain compliance.

The first Agentic Solution to launch in a series is “Genpact AP Capture” from Genpact’s Accounts Payable (AP) suite, which is designed to modernize Accounts Payable. With pressure placed on today’s CFOs to evolve the way their teams work, Genpact AP Capture leverages data and insights to enable faster invoice extraction with higher precision to deliver superior value.

Genpact’s launch of Agentic Solutions follows the introduction of Genpact AI Gigafactory, an AI accelerator that enables clients to develop, deploy, and scale AI.

For more information – please visit: Service as Agentic Solutions | Genpact

About Genpact: Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook

GOD Launches As The Ultimate Hybrid In Luxury Couture & Modern Vedic Astrology


GOD, a new luxury brand, has officially launched on February 1st at 9:00 PM (IST), redefining fashion by blending ancient Vedic astrology with modern streetwear. GOD goes beyond style, offering a wardrobe that aligns with an individual’s life journey, fate, and energies.

Fate, Fashion, and the Power of Color

Google Trends has shown a 300% increase in searches for zodiac clothing and astrology fashion over the past five years. According to Vedic astrology, colors and authentic gemstones have the power to influence energy and fortune. Even modern psychology aligns with this, associating green with prosperity, blue with calmness, and red with confidence. GOD ensures that every outfit is both meaningful and stunning.

Personalized Energy Adjustments Through Fashion

GOD’s in-house astrologers perform a detailed analysis based on an individual’s astrological chart, numerology, and palmistry, using birth details to craft personalized garments. These outfits incorporate authentic gemstones, metals, fabrics, and colors that align with the wearer’s energy, designed to enhance well-being, relationships, health, and success.

“We are filling the gap in the personalized couture industry by integrating a person's cosmic alignment to their apparel. We are committed to serve the best quality fabric and gemstones with elegant designs that give it a modern streetwear touch.” Anchal Rai, Co-founder and CDO (Chief Design Officer) of GOD 

“Fashion has always been a statement of self. With GOD, we take it a step further—every piece is curated to align with the wearer’s cosmic energies, transforming fashion from mere expression into a journey of self-discovery.” Arya Pratap, Co-founder & CEO of GOD

The Future of Personalized Luxury

GOD is more than just a luxury brand—it is a revolution that merges personal energy, spirituality, and craftsmanship. Every piece is designed to reflect fate and undiscovered secrets, creating an entirely new category of cosmic luxury fashion.

Stirring Up Change, One Recipe At A Time: “Gaanth Pe Dhyan’ Now Has A Cookbook, To Encourage Women To Screen For Breast Cancer


With one woman diagnosed with breast cancer every four minutes in India, overcoming barriers to cancer care is vital as most cases can be treated effectively if detected early. 75% of Indian women avoid or neglect screenings, and 60% feel uncomfortable discussing breast cancer with friends and family, according to a survey[1]. Through the ‘Gaanth Pe Dhyan’ (‘Focus on the Lump’) campaign, Tata Trusts encouraged women to do just that – extend the same attention to checking their breasts for lumps as they do to preventing lumps in their food - transforming a simple kitchen task into an act of introspection and empowerment.

The large-scale campaign recently culminated in the ‘Gaanth Pe Dhyan’ cookbook, a first-of-its-kind endeavour featuring a collection of recipes, with the unique purpose of ‘stirring up change, one recipe at a time.’ Available online and free to download, the cookbook has been mindfully crafted with recipes that naturally lend themselves to lumps. The recipes have been sourced from expert Indian chefs-turned-campaign-ambassadors, including MasterChefs Shipra Khanna and Santa Sarmah, as well as Chefs Ananya Banerjee, Sailaja Aechuri, Priya Gupta, Varaprasad Karthyaeni, and Laeba Ashraf.

The cookbook was reviewed by renowned nutritionist Rujuta Diwekar and eminent breast cancer oncologist, Dr. Rajendra Badwe, in a podcast hosted by Shilpi Ghosh from Tata Trusts that explored the intersection of breast cancer, women’s well-being & nutrition. The cookbook is an extension of the ‘social experiment’ film ‘Gaanth Pe Dhyan’, featuring Chef Sanjeev Kapoor, launched by the Trusts last year which evoked significant interest among youth and working professionals across the country.  

It was complemented by another awareness film, involving women street-food vendors in Mumbai, to drive home the need for early detection and regular breast self-examination. This approach also revealed that while avoiding lumps in food was essential for their livelihood, there was limited awareness that lumps in the breasts could be indicative of cancer. Taking the campaign on-ground, with the support of doctors from Tata Memorial Hospital in Mumbai and other reputed regional medical institutions, the Trusts also raised breast cancer awareness across several corporates, holding screening camps that led to further investigation for cases that may have otherwise gone undetected. 

Gaanth Pe Dhyan has secured multiple accolades in India and internationally, including being ranked second in PRovoke's Global Creative Index 2024.

About Tata Trusts

Since its inception in 1892, Tata Trusts, India’s oldest philanthropic organisation, have played a pioneering role in bringing about an enduring difference in the lives of the communities it serves. Guided by the principles and the vision of proactive philanthropy of the Founder, Jamsetji Tata, the Trusts’ purpose is to catalyse development in the areas of health, nutrition, education, water, sanitation and hygiene, livelihood, digital transformation, migration and urban habitat, social justice and inclusion, environment and energy, skill development, sports and arts and culture. The Trusts’ programmes, achieved through, partnerships and grant making, are marked by innovations relevant to the country. For more information visit: www.tatatrusts.org

About Tata Cancer Care Foundation

The Tata Cancer Care Foundation (TCCF), formerly known as Alamelu Charitable Foundation, has been set up by Tata Trusts to make cancer care in India easily accessible and affordable. Since 2017, the organisation has been developing and augmenting facilities in six states – Andhra Pradesh, Assam, Jharkhand, Maharashtra, Uttar Pradesh, and Karnataka — through collaborations with state governments and like-minded organisations. TCCF also runs a state-of-the-art Oncopathology Lab in Mumbai, which focuses on cancer diagnosis and upskilling pathologists. The organisation is committed to down-staging the disease by helping detect it early and reducing the cancer burden by focusing on awareness, screening, offering quality care and improving the quality of life of cancer patients and their families through palliative care. For more information, visit www.tatacancercarefoundation.org

EKA Mobility Partners With “KPIT To Enhance Electric Powertrain Technology Components”


EKA Mobility, a leader in sustainable mobility solutions and KPIT Technologies, (NSE: KPITTECH BSE: 542651) a global leader in building mobility technology solutions for a cleaner, smarter, and safer world, have entered into an MOU to develop and integrate cutting-edge electric powertrain technology components. This collaboration aims to set new benchmarks for efficiency, performance, and sustainability in India’s electric commercial vehicle (e-CV) industry. 

The MoU will focus on developing advanced electric powertrain systems, such as Traction motors, Controllers, Vehicle Control Units, and Battery Management Systems, tailored for EKA’s extensive range of electric buses and commercial vehicles. The MOU will leverage KPITs three decades of work in mobility and an extensive lineup of indigenously developed electric powertrain technologies. These innovations will enable EKA Mobility to deliver superior energy efficiency, reduced total cost of ownership (TCO), and an unmatched driving experience for its customers. 

Speaking on the partnership, Dr. Sudhir Mehta, Founder & Chairman of EKA Mobility and Pinnacle Industries Limited, said, “We are delighted to partner with KPIT Technologies, a pioneer in mobility technology with over three decades of legacy. This collaboration underscores our commitment to redefining mobility by delivering cutting-edge, sustainable, and efficient electric vehicles to our customers. By leveraging KPIT’s expertise in electric powertrain technologies, we aim to accelerate India’s transition to zero-emission commercial vehicles." 

“World over, consumers are looking for clean and safe mobility solutions that meet their everyday needs. KPIT’s electric powertrain solutions offer high efficiency and are  highly cost competetive. We are pleased to collaborate with EKA, who are building a wide range of BHARAT-centric trucks, buses, and logistics fleet. Together, we will develop EV mobility solutions for country-specific use cases, promoting wide adoption ” ,said, Mr. Kishor Patil, CEO, KPIT Technologies.

Honda Cars India Achieves E20 Compliance Across Its Product Range Towards A Sustainable Future


* All Honda cars manufactured in India since 1 Jan 2009 have been E20 Material Compatible and customers can use the E20 fuel in their existing Honda cars without the need of changing any part in the car.

Honda Cars India Ltd. (HCIL), a leading premium car manufacturer in India announced that it has achieved E20 (20% Ethanol blended) Petrol compliance certification for all its current models comprising of Honda Elevate, Honda City e:HEV, Honda City and Honda Amaze. It also includes E20 compliant certification received for 2nd Generation Honda Amaze in January 2025. This achievement highlights Honda’s commitment to sustainable mobility and supporting India’s transition to greener and cleaner transportation.

HCIL embraced E20 petrol since 2009 and all Honda cars manufactured in India from 1 Jan 2009 have been E20 material compatible, demonstrating its unwavering commitment to its customers by providing them with the most advanced global products and services ahead of time. Customers can freely use the E20 petrol in their existing Honda cars without durability concerns or need of changing any part in the car. 

The Government of India has mandated all Gasoline fueled Mono Fuel and Bi-Fuel vehicles with positive ignition engines including Hybrids, manufactured on and after 1st April 2025 to be certified with Ethanol (E20) fuel to comply with the prevailing emission norms.

Speaking on the latest achievement, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, "At Honda Cars India, we are committed to driving sustainable mobility solutions and all our cars have been E20 material compatible since Jan 2009 enabling our customers to seamlessly adopt the greener E20 fuel without any modifications. The latest compliance certification for all our current models ahead of the pan India E20 fuel introduction aligns with the Government of India’s goal to implement greener fuels. As India moves towards a cleaner and more sustainable future, HCIL will continue to remain at the forefront.”

Marriott International And Accenture In India Launch Transformative Skill Development Program For Youth In Hospitality


~Program in collaboration with Don Bosco Tech Society and Pratham Education Foundation to bridge the employment gap~

Marriott International and Accenture in India, have come together to launch a robust initiative aimed at empowering youth by providing them with the skills and resources needed to succeed in the hospitality sector and beyond.

As part of the four-month program, selected participants will receive training in hospitality and basic life skills for two months from non-profit partners funded by Accenture. Additionally, they will get mentorship and soft skills training through employee engagement activities.  Marriott International will then offer paid internships to eligible candidates from the training program across its 155 properties in India for the remaining two months. By fostering an inclusive environment, Marriott International and Accenture in India aim to create pathways to better job prospects, bridging the gap between untapped talent and employment opportunities in the dynamic hospitality sector.

In a world where securing a job is a cornerstone for stability and growth, having the right skillset can make all the difference in achieving one’s dream career. However, not everyone can pursue higher education and additional skill-building that can enhance their professional prospects. Recognising this gap, Marriott International and Accenture in India are focusing on skill development in key areas. This collaborative project is designed to prepare participants for entry-level jobs in the industry and will give young individuals a chance to gain hands-on experience while earning a livelihood.

Talking about this new initiative, Ms. Ranju Alex, Area Vice President – South Asia, Marriott International, says: “The core values of this organisation are deeply rooted in the belief that everyone deserves equal opportunities. Unfortunately, barriers often prevent many talented individuals from pursuing their aspirations. To address this, we are proud to offer a two-month paid internship programme following the completion of the skill development process. This initiative not only provides young talent with hands-on experience but also ensures financial support for every participant, empowering them to take confident steps towards building rewarding careers in the hospitality sector. By investing in their growth, we aim to cultivate a more inclusive and skilled workforce.”

Ajay Vij, Senior Country Managing Director at Accenture in India commented, “We are excited to collaborate with Marriott International on this project. The initiative furthers our objective of creating impact at scale and reflects our commitment to providing our youth with the resources and opportunities needed to be employment ready in today's competitive environment. We are not only investing in their future but also investing in building a sustainable future for the communities we live and operate in.”

The project is dedicated to empowering the next generation by breaking down economic and social barriers that hinder professional growth. Together, both brands aspire to spark a larger movement towards impactful corporate social responsibility, setting a benchmark for industry-wide initiatives.

Photo Caption: In the image from left to right: Mr. Kicha Ramamurthy - Sr. MD, Director of Delivery, Advanced Technology Centers, Accenture in India, Kshitija Krishnaswamy - MD, Corporate Citizenship APAC, Accenture, Father George Mathew from DB Tech, Father Eugene Florence from DB Tech, Shveta Sahal, Director, Government Affairs and CSR, Marriott International, Ranju Alex, Area Vice President – South Asia, Marriott International, Ajay Vij - Senior Country Managing Director at Accenture in India, Hemant Tennati, Market Vice President - South and East India, Bangladesh, and Sri Lanka, Marriott International.

SonicWall Celebrates Excellence With The 2025 SonicWall Partner Awards


* Global Partners and Distributors Recognized for Outstanding Contributions to Cybersecurity

SonicWall proudly honored its exceptional partners and distributors at the annual SonicWall Partner Awards, celebrating their unwavering commitment to safeguarding customers in a dynamic and increasingly complex threat landscape. This prestigious award acknowledges partner organizations worldwide that have demonstrated remarkable dedication to delivering innovative cybersecurity solutions.

“While partners have been key to SonicWall’s success for over 30 years, our dramatic transformation over the last two years is directly attributable to SonicWall stepping it up and taking a relentless focus on our valued partners, said SonicWall CEO and President Bob VanKirk. “That’s meant listening to and acting upon their key needs and feedback, which has in turn shaped our roadmaps (organic and inorganic), the delivery of technical support (reduced wait times with immediate access to higher tiers of support), how we charge for our products and services, sales resource alignment, and much, much more. Many of our partners posted record years in 2024, and we couldn’t be more pleased about that. These awards are a small token of thanks and recognition of the strategic value SonicWall’s partners have and will continue to play in shaping and driving SonicWall’s business.”

“The 2025 SonicWall Partner Awards celebrate the outstanding dedication and innovation of our partners who continually raise the bar in cybersecurity excellence. This year’s winners have demonstrated exceptional commitment to protecting businesses against the ever-evolving threat landscape, leveraging SonicWall’s solutions to deliver proactive, strategic security. Their success is a testament to the power of strong partnerships in driving growth, resilience, and trust in today’s digital world,"  said SonicWall Vice President of Sales, APJ Debasish Mukherjee.

Partners were nominated across various categories in each region, showcasing their outstanding performance throughout the previous year. From a large pool of nominees, SonicWall selected one partner per region in each category, highlighting their consistent excellence and exceptional service. Based on a matrix of criteria including but not limited highest revenue, partner count, highest growth, etc.

To see all the winners,  visit: https://www.sonicwall.com/partnerawards

Turkish Airlines Opens Its Largest International Lounge Outside Istanbul At Tokyo Narita Airport


Flying to more countries than any other airline, Turkish Airlines opened its largest overseas lounge at Narita International Airport on February 5. With the opening of its seventh lounge overseas, flag carrier continues to make its world-renowned hospitality and service excellence more accessible all over the globe.

Located in Terminal 1 South Wing, Satellite 4, Gate 47, Turkish Airlines Lounge at Narita will cover a total area of approximately 1,500 m² once the second phase is complete. Initially, lounge will welcome passengers with the opening of its first phase which provides an expansive 800 m² of space, offering a comfortable environment for up to 105 passengers. Lounge will operate daily from 7:30 AM to 9:45 PM and will be accessible to Miles&Smiles Elite Plus and Elite cardholders, Miles&Smiles Elite Corporate cardholders along with Star Alliance Gold members and Business Class (First Class) passengers flying with Star Alliance member airlines.

On the opening ceremony of the lounge, Turkish Airlines VP of Sales Far East & Oceania Ãœmit Develi stated: “We are glad to open our largest overseas lounge at Tokyo’s Narita Airport, offering our guests a space that harmonizes Turkish hospitality with Japanese elegance, symbolizing over a century of close relations between our nations. Turkish Airlines Lounge at Narita International Airport reflects our dedication to enhancing the travel experience and further strengthening our presence in the Asia-Pacific region.”

President & CEO of Narita International Airport Corporation, Mr. Akihiko Tamura stated: “We sincerely appreciate the establishment of the lounge at Narita Airport. Turkish Airlines has greatly contributed to the expansion of Narita Airport’s network, and we are truly honored that you have chosen Narita Airport as the location for your second lounge in Asia. With Turkish Airlines' world-class route network connecting the entire globe, the opening of your lounge will enable us to provide even greater value to our passengers. We wish Turkish Airlines continued success and look forward to further enhancing Narita Airport’s capabilities while growing together in partnership.”

Designed with a focus on luxury and comfort, Turkish Airlines Lounge in Narita presents an array of amenities to elevate the passenger experience. Guests can enjoy a buffet-style selection of Turkish, Japanese, and Far Eastern cuisines, with highlights including being the only lounge outside Istanbul with a Turkish pide oven to offer freshly baked pide during lunch and dinner. Additional features include relaxation areas, daybeds with apron views, and a VIP room for enhanced privacy. Practical facilities such as shower rooms, accessible restrooms and a baby care room ensure all passenger needs are met.

Connectivity is prioritized with complimentary Wi-Fi, flight information screens, and a dedicated workspace. Reflecting Turkish Airlines’ commitment to artistry and culture, the lounge’s design incorporates traditional Turkish marbling art and nods to iconic destinations, such as the local favourite Mount Fuji at the entrance.

With the addition of the Turkish Airlines Lounge in Narita, the flag carrier now operates seven exclusive lounges at international airports, including Nairobi, Moscow, Miami, Washington, Bangkok, and New York. Each lounge represents flag carrier’s commitment to delivering an exceptional standard of service and the warm touch of Turkish hospitality, while enhancing seamless connectivity across its global network.

About Turkish Airlines:

Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines has a fleet of 477 (passenger and cargo) aircraft flying to 352 worldwide destinations as 299 international and 53 domestics in 131 countries. More information about Turkish Airlines can be found on its official website www.turkishairlines.com or its social media accounts on Facebook, X, YouTube, LinkedIn and Instagram.

About Star Alliance:

Established in 1997 as the first truly global airline alliance, the Star Alliance network was founded on a customer value proposition of global reach, worldwide recognition, and seamless service. Since its inception, it has offered the largest and most comprehensive airline network, with a strong emphasis on enhancing the customer experience throughout the entire Alliance journey. The member airlines are: Aegean Airlines, Air Canada, Air China, Air India, Air New Zealand, ANA, Asiana Airlines, Austrian, Avianca, Brussels Airlines, Copa Airlines, Croatia Airlines, EGYPTAIR, Ethiopian Airlines, EVA Air, LOT Polish Airlines, Lufthansa, Shenzhen Airlines, Singapore Airlines, South African Airways, SWISS, TAP Air Portugal, THAI, Turkish Airlines, and United. Overall, the Star Alliance network currently offers 17,500 daily flights to over 1,150 airports in 189 countries. Further connecting flights are offered by Star Alliance Connecting Partner Juneyao Airlines. Star Alliance Press Office: Tel: +65 8729 6691 Email: mediarelations@staralliance.com Visit our website or connect with us on social media.

Federation of Automobile Dealers Associations (FADA) Releases January’25 Vehicle Retail Data

 


Highlights 

Overall Auto Retail Performance

Encouraging Start to 2025: Overall auto retail grew by 6.6% YoY, aligning with FADA’s earlier survey that anticipated a “flat to moderately positive” January.

Universal Category Growth:

Two-Wheelers (2W): Up 4.15% YoY

Three-Wheelers (3W): Up 6.8% YoY

Passenger Vehicles (PV): Up 15.53% YoY

Tractors: Up 5% YoY

Commercial Vehicles (CV): Up 8.22% YoY

PV Inventory Levels: Improved marginally, dropping by around five days to 50–55 days, pointing to a healthier supply-demand balance yet still warranting further monitoring.

Segment Highlights

Two-Wheelers:

Drivers: New model launches, ongoing marriage season demand, and enhanced financing options.

Challenges: Rural liquidity issues, rising interest rates, and overall market uncertainty.

Passenger Vehicles:

Registrations Surge: A portion of December’s purchases spilled into January for a “2025 model year” advantage, helping push PV sales up by 15.53% YoY.

Urban vs. Rural: Urban share rose slightly (60.8% to 61.8%), yet rural posted a stronger YoY growth rate (18.57% vs. 13.72% in urban).

Commercial Vehicles:

Growth Contributors: Higher freight rates and buoyant passenger carrier demand.

Obstacles: Sluggish activity in cement, coal and infrastructure sectors; strict financing policies and weak rural sentiment persist.

Near-Term Outlook

Positive Indicators:

Marriage Season & Promotions: Ongoing festive/wedding demand and fresh product introductions could sustain footfalls.

Improved Liquidity in Pockets: Select lenders offering better financing, plus backlogged CV orders, lend guarded optimism.

Dealer Confidence: Nearly half (46%) anticipate growth in February, echoing hopes of stable-to-rising sales.

Challenges to Watch:

Shorter Month & Inflation: Fewer selling days and inflationary cost pressures may slow momentum.

Rural Liquidity: Persistent cash-flow constraints and subdued industrial demand could cap upside potential.

Overall Outlook: While 43% of dealers expect flat sales and 11% foresee a dip, the prevailing mood remains cautiously positive. Supportive policies, post-budget stimulus and prudent inventory management may help sustain the sector’s early-year gains.

The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for January'25.

January’25 Retails

FADA President, Mr. C S Vigneshwar, shared his perspective on the Auto Retail performance for January 2025:

“The Auto Retail sector kicked off 2025 on a promising note, aligning with FADA’s earlier survey projections that expected January to range from flat to moderately positive. Indeed, overall retail sales posted a robust 6.6% YoY growth, reinforcing the industry’s optimistic start. Our observations indicate that each vehicle category—2W, 3W, PV, Tractor and CV—witnessed positive momentum, pointing toward sustained consumer confidence and steady market recovery.

Continuing from our last press release, where FADA’s dealer survey suggested a ‘flat to growth’ sentiment for January, the month closed with an overall growth of 6.6% on a YoY basis. All categories began the new calendar year on a solid footing, with 2W, 3W, PV, Tractor and CV growing by 4%, 6.8%, 15.5%, 5% and 8%, respectively on YoY basis.

Two-wheeler sales saw a healthy 4.15% YoY and 27.39% MoM growth, with urban markets gaining share from 41.6% in December to 43.7% in January. Urban sales also outpaced rural on a YoY basis, growing by 4.54% compared to 3.85%. Dealers cite new model launches, marriage season demand and improved financing as key growth drivers. However, concerns about rising interest rates, rural liquidity challenges and market uncertainty still linger.

Passenger Vehicle sales grew robustly by 15.53% YoY and 58.77% MoM, although some of that spike stems from December purchases registered in January for a “2025 model year” advantage. Urban markets inched up from 60.8% to 61.8% share, but rural actually posted a higher YoY growth of 18.57% vs. urban’s 13.72%. Many dealers noted improved demand but also pointed to last year’s heavy discounting, which helped clear older models and shift registrations. Inventory levels have improved, dropping by around five days to 50–55 days, suggesting improved supply-demand balance.

Commercial Vehicle sales increased by 8.22% YoY and surged 38.04% MoM, with urban markets climbing from 50.1% to 51.2% share and outpacing rural growth (9.51% vs. 6.89%). While higher freight rates and passenger carrier demand provided a boost, many dealers cited low cash flow, strict financing policies and sluggish industries (like cement and coal) as major hurdles. Sentiments in rural regions remained notably subdued, compounded by limited new products. Overall, the sector shows cautious optimism but faces persistent headwinds.”

Near-Term Outlook

Riding on the momentum of a promising start to 2025, the Auto Retail sector enters February with cautious optimism. According to our latest survey, nearly half of dealers (46%) anticipate growth in the coming month, while 43% expect sales to stay flat and 11% foresee a dip. This blend of sentiments underscores the industry’s complex landscape—where bright spots are tempered by ongoing challenges.

On the positive side, dealers report that the continuing marriage season, fresh product launches and strategic promotional activities are likely to sustain customer footfalls. Furthermore, improved inventory management, better financing options from select lenders and backlogged orders in certain segments (such as commercial vehicles) add to the sense of guarded confidence. With supportive policies and a post-budget lift in consumer sentiment, many believe February could see a stable or slightly elevated sales curve.

At the same time, shorter working days, pockets of weak rural liquidity and inflationary pressures remain areas of concern, potentially limiting the extent of any upswing. Strict lending criteria, costlier vehicles and subdued demand in certain industrial sectors could weigh on overall performance.

Even so, India’s Auto Retail stands poised for modest gains if these headwinds ease. With nearly half of surveyed dealers still expecting an uptick, a collective sense of optimism prevails, suggesting that the industry is ready to ride out near-term challenges and look forward to brighter days ahead.

Key Findings from our Online Members Survey

Liquidity

Neutral               51.77%

Bad                      25.89%

Good                   22.34%

Sentiment

Neutral               53.55%

Good                   24.47%

Bad                      21.99%

Expectation from February’25

Growth               45.74%

Flat                      42.91%

De-growth         11.35%

Kansai Nerolac Paints Ltd Announces Q3 Results FY 2024-2025


Kansai Nerolac Paints Limited (KNPL), one of the leading Paint companies in India at the Board meeting announced its unaudited results for the third quarter of the financial year 2024-25. For the quarter, the company declared Net revenue of Rs.1842.2 Crores, a growth of 1.5 % over the corresponding quarter of the previous year.

EBITDA was at Rs.246.9 Crores, a growth of 2.9% over the same quarter of the previous year. PBT before exceptional items was at Rs.228.1 Crores, a growth of 7.2 % over the same period of the previous year. Exceptional items include Net Profit on sale of land at Lower Parel Mumbai Rs 665.4 Cr. and a provision of Rs 186.3 Cr. for impairment for its long- term investment/loan/receivables and financial guarantees in its subsidiaries in Bangladesh and Sri Lanka.

PAT after exceptional item was at Rs 526.5 Crores, a growth of 234 % over the same quarter of the previous year.

For the nine months net revenue was Rs.5756.3 Crores, growth of 0.4% over the same period of the previous year. EBITDA was at Rs.796.3 Crores, a growth of -5.6 % over the same period of the previous year. PBT before exceptional items was at Rs. 743.6 Crores, a growth of -2.3 % over the same period of the previous year. PAT after exceptional item was at Rs 897.8 Crores.

Commenting on the results, Mr. Anuj Jain, Managing Director, Kansai Nerolac Paints Ltd said, “The company continued to see good growth in Paint+ products, projects, wood coatings and construction chemicals. Demand in Decorative was impacted due to higher inflation leading to lower spend on discretionary products and tight liquidity. We are seeing a gradual recovery in demand.

In Automotive growth was better than market, based on several internal initiatives.

Performance coatings registered strong growth due to a good order pipeline.

The various strategic initiatives undertaken have led to a better than market performance across all businesses.

EBITDA improved during the quarter over the corresponding quarter of the previous year. The improvement was driven by improvement in mix, cost optimization and control on overheads.

Going forward It is expected that the recent budget announcements will help improve the consumption cycle which would positively impact demand.”    

Kovai.co Rewards Long-Term Employees With $1.62 Million In Bonuses


One of Coimbatore’s fastest-growing SaaS companies, Kovai.co, founded by Saravana Kumar, announced a distribution of $1.62 million (Rs 14.5 crore) as bonuses to around 140 of its employees. Called the “Together We Grow” bonus, all employees who joined the company on or before 31st December 2022, will receive 50% of their gross annual salary as a bonus upon completing three years of service.

The first batch of beneficiaries, around 80, will receive their bonuses as part of their salary payouts on January 31.

Kovai.co, based in the UK and India, announced the Together We Grow bonus to all existing and new employees in 2022, to share the company’s profits with its workforce. “I have always believed that employees who contribute to the company’s success and profits must be rewarded. It has also been my dream to come up with ways to share and distribute wealth,” said CEO and founder Saravana Kumar.

Saravana Kumar shared that when they were considering ways to reward employees or give them a share of the profits, they initially explored alternatives. “We considered employee stock ownership plans or shares. But that is ‘paper money’ that is not realized unless the company raises external capital or decides to list its shares”, he added.

The company chose to provide the reward in cash, allowing employees to use it as they see fit. “People can use it to close a loan, put a down payment on a house, or invest in anything they want or really need,” he said.

Kovai.co is a B2B multi-product enterprise SaaS company with three products in its portfolio—BizTalk360, Document360, and Turbo360. Their products are used by 2,500+ customers worldwide. The bootstrapped company crossed $16 million ARR in 2023. The 260+ people strong company has offices in London, UK, Chennai, and Coimbatore.

The company was also recently in the spotlight after acquiring the Bangalore-based company Floik.

Wednesday, February 5, 2025

Embassy Group Becomes India’s First Residential Developer To Revolutionize Marketing With Mixed Reality Innovation


Embassy Group, India’s leading real estate developer, has redefined property marketing by becoming the first real estate brand in the country to integrate mixed reality (MR) technology into its campaigns. This pioneering innovation debuts with the launch of The Signature Residences at Embassy Lake Terraces, a limited collection of just 20 ultra-luxurious sky villas in simplex and duplex formats.

The Embassy Group's pioneering use of MR technology in the campaign transforms the traditional print ad experience into an immersive journey. Prospective buyers can scan the ad using their mobile devices to virtually step inside these opulent residences, exploring their expansive living spaces and stunning vistas. This innovative approach underscores Embassy's commitment to leveraging cutting-edge technology to enhance the customer experience, setting a precedent for the real estate industry in India.

Nestled within Embassy Lake Terraces in Hebbal—one of Bangalore's most prestigious addresses—The Signature Residences embody villa grandeur intertwined with the ease of high-rise living. Crafted as statement homes, these exquisite residences promise unparalleled privacy, bespoke services, and timeless elegance. Residents will enjoy proximity to key business hubs, educational institutions, retail destinations, and Kempegowda International Airport.

The campaign for Signature Residences will span digital platforms, OOH advertising, exclusive print collaborations, and high-profile PR outreach. The initiative also includes exclusive on-ground events for HNIs, offering a first-hand experience of Embassy Group's unmatched expertise in luxury living.

Links to campaign - https://www.linkedin.com/posts/embassy-group_embassygroup-embassyresidential-futurefirst-activity-7285999850553229312-lR0l?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/embassyresidential_embassyresidential-embassylaketerraces-thesignatureresidences-ugcPost-7287076860159574016-RKP3?utm_source=share&utm_medium=member_desktop

About Embassy Group

Embassy Group is a leading real estate developer. The over 85 million square feet of commercial, residential, industrial and warehousing, hospitality, services, retail, and education spaces we have delivered emphasise high standards of quality, world-class services, environmental management, and safety. Founded in 1993, our operations now span the Indian and international markets of Bengaluru, Chennai, Hyderabad, Thiruvananthapuram, Mumbai, Pune, the NCR, and Serbia, amongst others. Our 53 million square feet of ready and ongoing residential developments encompass branded residences, uber-luxury villas, exclusive villaments, sky condominiums, integrated developments, senior living, and contemporary homes. Embassy is a sponsor of India’s first publicly listed and Asia Pacific’s largest Real Estate Investment Trust (REIT). We strive to build a resilient ecosystem and proactively foster the social, economic, and environmental developments of the communities we work in.

JLR Open Innovation Hub Kicks-Off India Startups Engagement With Bangalore Event


Co-hosted with the new Plug and Play Mobility platform, 300 invitees came together to celebrate the launch of JLR’s Open Innovation Hub in India

The day included some of the country’s disruptive startups, as well as speakers and panellists from across the mobility and technology sectors

The event was a key milestone in JLR’s Open Innovation program, which has already engaged with over 2,500 startups globally, resulting in 33 formal collaborations

Bangalore, India, 5 February 2025: JLR’s Open Innovation Hub in India has begun engagement with the country’s startups at an event in Bangalore, urging them to join its new “globally connected community in India”. 

Co-hosted with the Plug and Play Mobility platform, the event saw 300 invitees across startups, industry, government, investors, academia, and more meet on 30 January 2025 at the Sheraton Grand Bangalore Hotel. They celebrated the launch of the Open Innovation Hub, heard from industry speakers, and met a range of innovative startups focused on technologies across mobility. 

The event was a key milestone in JLR’s Open Innovation program, which has already engaged with over 2,500 startups globally, resulting in 33 formal collaborations. The day included some of India’s disruptive startups – including Oorja Energy, Swapp Design, HYD-GENRC LABs, Compredict, RabBan Control Solutions – and highlighted three in particular:

e-TRNL Energy, which is building next-gen Lithium-ion battery systems with a novel cell architecture that allows higher efficiency, better storage, faster charging, and a longer cycle life.

Cynlr, a visual object intelligence platform that enables industrial robotic arms to see, understand and manipulate any object in random unstructured environments.

Swaayatt Robots, which is developing autonomous driving technology that works in dynamic traffic situations, and in both structured and unstructured environmental conditions.

Meanwhile, speakers on subjects like automotive innovation, corporate and startup collaboration, and venture capital included Ravi Arora, Senior Vice President, Group Innovation at Tata Sons; Thomas Mueller, Executive Director, Product Engineering at JLR; Sobhan Khani, Partner at Plug and Play; and Michael Smeed, Managing Director at InMotion Ventures, JLR’s Corporate Venture Capital arm. They appeared alongside panellists from a range of automotive sector businesses and innovation leaders.

Keynote speaker, JLR’s Thomas Mueller, said: “With a wealth of talent and skills in deep-tech solutions, India is a breeding ground for disruptive ideas in sustainability, electrification and connected technologies. That is why our Open Innovation program is here, and I was hugely inspired by the ideas and engagement in the room.”

Lalitha Indrakanti, CEO at JLR Technology & Business Services India (TBSI), who led the event and a panel discussion, added: “We want to tap into India’s deep ecosystem for new mobility and sustainability solutions that help us deliver our next generation vehicles. This event was the perfect way to announce our intentions and meet a host of Indian startups to begin collaboration. 

“Alongside Plug and Play, we are building a globally connected community in India, and we intend the relationships from this event to continue in the coming years. I am excited to see what we’ll create together in the future.”

Sobhan Khani, Partner at Plug and Play, said: “India’s dynamic startup ecosystem is a powerhouse of innovation, and this collaboration between Plug and Play and JLR’s Open Innovation Hub marks an exciting step forward. By connecting disruptive startups with global mobility leaders, we aim to accelerate groundbreaking solutions that will shape the future of mobility and sustainability.” 

Building on the success of the JLR’s existing innovation hubs in the UK, US, Israel, and Brazil, the India Hub is focused on deep tech including artificial intelligence (AI), big data and analytics, internet of things (IoT), ADAS (Advanced Driver Assistance System) and sensors and devices. 

About Reimagine

JLR’s Reimagine strategy aims to deliver a sustainability-rich vision of modern luxury by design.

We are transforming our business with the aim to become carbon net zero across our supply chain, products, and operations by 2039.

Electrification is central to our strategy and before the end of the decade our brands will each have a pure electric model, while Jaguar will be entirely electric. 

The flexibility of our world-leading powertrain technologies means we can continue to offer hybrid and ICE vehicles in our ranges as we begin to roll out full BEV options, to match demand in the global transition to electric. 

At heart we are a British company, with two design and engineering sites, two vehicle manufacturing facilities, a components and finishing facility, an electric propulsion manufacturing centre, and a battery assembly centre in the UK. We also have vehicle plants in China (joint venture), Slovakia, India, and Brazil, as well as seven technology hubs across the globe.  

JLR is a wholly owned subsidiary of Tata Motors Limited, part of Tata Sons.

About Plug and Play

Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 60+ locations across five continents. 

We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. 

We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. 

For more information, visit https://www.plugandplaytechcenter.com/ 

Ushering In A New Era Of Learning With Great Learning’s AI Mentor


* AI Mentor delivers 24/7 doubt resolution, hints for tackling coding challenges and conducts mock interviews with personalised feedback

* AI Teacher enables highly personalised and impactful learning mapped to each learner’s context and ability

* These AI innovations will pave the way for quality education to become more accessible to millions of learners

Great Learning, a global leader in professional learning and upskilling, is leveraging AI to chart the next phase of its growth with the launch of AI Mentor and AI Teacher. These breakthrough AI innovations are set to transform the overall digital learning experience, making high-quality education personalised, accessible, affordable and scalable for learners worldwide.

With the AI Mentor, every learner gets their own personal learning coach to support them through their learning journey at every step. It delivers an uninterrupted learning experience with 24/7 doubt resolution, and step-by-step guidance while working on projects. If a learner gets stuck while coding, the AI Mentor provides real-time coding support by dropping intelligent hints to nudge them towards the correct solution without revealing the answer directly. It also makes them job-ready through AI-driven mock interviews to simulate real-world job interview scenarios, which help learners build their confidence to crack interviews.

Since its rollout across select cohorts of learners over the past few months, the AI Mentor has made a significant impact, with over 400,000 coding hints generated, 130,000 learner queries resolved, and 300+ mock interviews conducted.

The AI Teacher, a breakthrough innovation, ensures a highly personalised, and interactive learning experience. It customises the lessons based on learners' context, evaluates their understanding, identifies knowledge gaps, and provides valuable feedback on their progress—just like a great human teacher would. This is all in addition to the guidance and mentorship from industry experts & faculty that learners already have access to as part of Great Learning’s ‘Mentored learning’ model.

The company also announced that all their AI powered learning enablements will come under the umbrella brand ‘Glaide’ - a combination of ‘GL’ (Great Learning), ‘AI’ and ‘aide’ - which is the true essence of what it delivers.

Commenting on the launch, Mohan Lakhamraju, Founder & CEO of Great Learning, said: “Our singular focus has always been on delivering exceptional learning outcomes.

We were the first to bring together the best of classroom and online education in 2013, and the first globally to introduce online mentored learning in 2017 —combining the flexibility of self-learning with the power of expert human guidance to drive real outcomes at scale. However, great teachers are few and most learners never get to experience the magic of learning from them. This is what we are trying to solve using AI. We are leveraging AI to bring that same magic of great teachers to everyone. As AI advances further, we will continue to push boundaries, making high-quality education more accessible, affordable, and impactful for learners everywhere.”

Over the coming months and years, Great Learning will roll out its AI-powered learning experiences to newer and larger audiences. As AI permeates through all aspects of our professional and personal lives, Great Learning aspires to be the trusted source of learning for everyone to navigate this transformation.

About Great Learning

Great Learning is a leading global EdTech company for professional learning and higher education. It offers comprehensive, industry-relevant, hands-on learning programs across various business, technology, and interdisciplinary domains driving the digital economy. These programs are developed and offered in collaboration with the world's foremost academic institutions in various formats including certificate programs, diplomas and degrees. The Great Learning platform enables the highly qualified, world-class faculty at these universities together with its vast network of 7500+ industry expert mentors to deliver an unmatched learning experience for over 12 million learners from over 170 countries around the world.

Total Pageviews