MAHE Introduces ‘MAGIC’ To Power AI-Driven Academic And Administrative Transformation

* Initiative aims to deploy 50+ AI agents across academic and administrative systems over the next two years

Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, today announced the launch of MAGIC (MAHE Agentic Intelligent Console), a major step in its digital transformation journey designed to introduce AI-powered agentic systems across both academic and administrative ecosystems of the university. The launch of MAHE MAGIC marks a significant milestone in MAHE’s technology-driven evolution. The MAGIC platform represents the university’s transition from traditional reactive digital systems to proactive AI-enabled systems, enabling automation, intelligent insights, and improved decision-making for faculty, students, and administrators. The initiative builds on MAHE’s digital transformation program initiated in 2023 to modernise institutional processes and services.

The initiative is being implemented by Manipal Academy of Higher Education in collaboration with leading global technology partners, including Microsoft, Salesforce, Deloitte, PwC, and Hitachi.

Senior leadership from MAHE, technology partners, faculty representatives, and administrative teams participated in the initiative rollout and strategic discussions around the adoption of AI-driven platforms in higher education.

MAGIC is designed to introduce intelligent AI agents across critical university functions. The system will initially deploy five AI agents within the Student Life Cycle Management (SLCM) platform, enabling automated support for routine academic processes such as timetable creation, attendance management, exam planning, and performance insights. Beyond academics, AI agents will also transform operational workflows across admissions, procurement, finance, HR, and support services, helping reduce processing time, improve efficiency, and enhance user experience.

The platform will also introduce research-support agents capable of scanning academic databases, summarising literature, and suggesting citations, enabling researchers to focus on innovation rather than administrative tasks.

"In addition, AI-driven systems will support prospective students by streamlining admissions and application processing, and offering selective candidate issuance within minutes." AI-powered support agents will also provide 24/7 assistance, reducing wait times and improving response efficiency.

MAHE plans to deploy more than 50 AI agents across academic and administrative functions over the next two years, creating an integrated AI ecosystem within the university.

Lt. Gen. (Dr.) M D Venkatesh, VSM (Retd.), Vice Chancellor, MAHE, said, “MAGIC represents a transformative step in our digital evolution. By integrating agentic AI across our academic and administrative ecosystems, we aim to create a proactive and intelligent university environment where technology supports both educators and learners in achieving excellence.”

Arundhati Bhattacharya, President & CEO, South Asia at Salesforce, said, “The integration of AI agents within higher education institutions like MAHE showcases the potential of intelligent digital platforms to transform learning, research, and institutional operations. We are proud to support MAHE in building an AI-driven ecosystem that empowers students, faculty, and administrators.”

Ashwin Ballal, Leader, Deloitte India, said, “MAHE’s MAGIC initiative represents a forward-looking step in the digital evolution of higher education institutions. By integrating agentic AI into core academic and administrative systems, MAHE is building a scalable, intelligent ecosystem that enhances efficiency, decision-making, and the user experience for students, faculty, and administrators. We are proud to support MAHE in this transformative journey.”

With the launch of MAGIC, MAHE is strengthening its position as a technology-driven global university, advancing towards a future where AI, automation, and emerging technologies such as quantum computing will play a central role in higher education.

The initiative reinforces MAHE’s commitment to innovation, operational excellence, and enhanced academic experiences, enabling students and faculty to collaborate with intelligent systems and shaping a new model for digitally empowered universities.

About Manipal Academy of Higher Education:

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University, offering over 400 specialisations across Health Sciences, Management, Law, Humanities & Social Sciences, and Technology & Science. MAHE operates through its constituent institutions across campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai.

Renowned for its academic excellence, world-class infrastructure, and impactful research contributions, MAHE has earned strong national and international recognition. In 2020, the Ministry of Education, Government of India, conferred MAHE with the prestigious Institution of Eminence status. Currently ranked 3rd in the National Institutional Ranking Framework (NIRF), MAHE continues to be a preferred destination for students seeking a transformative learning experience and vibrant campus life, as well as for national and multinational organisations seeking top talent.  

Wipro Launches Wipro AI-DC Solution To Accelerate Enterprise‑Scale AI Adoption And Transform Customer Experience

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced the launch of its Wipro AI-Data Center (DC) solution, a standardized and secure stack designed to accelerate enterprise‑scale AI adoption, while modernizing core data center environments and transforming customer experience operations.

The Wipro AI-DC solution integrates NVIDIA’s AI Enterprise within Wipro Intelligence™ to deliver a unified suite of AI-enabled solutions and transformative offerings. This collaboration enables organizations to move beyond isolated AI pilots to production‑grade, enterprise‑wide AI deployment.

“Customer experience transformation requires AI solutions that are scalable, secure, and infrastructure‑ready,” said Satish Yadavalli, Global Business Head – Cloud, Infrastructure and Security Services, Wipro Limited. “With the launch of our NVIDIA-powered AI-DC solution, we will be able to support organizations in modernizing their data centers while preparing for AI‑native workloads and helping them securely deploy and manage AI solutions across business functions. At the core of the AI-DC solution is Wipro Intelligence™ integrated with NVIDIA AI Enterprise, which will further enable us to orchestrate, govern, and scale NVIDIA‑powered AI across real‑world environments.”

John Fanelli, Vice President, Enterprise Software, NVIDIA, said, “Enterprises face the challenge of securely moving AI from proof-of-concept to a production reality that is fully integrated into their core data center operations. The Wipro AI-DC solution delivers the operational model, governance and secure scaling capabilities required for businesses to industrialize intelligence across their entire organization.”

The Wipro AI-DC solution will also be leveraged to power a next‑generation, AI‑driven contact center agent assist solution. Powered by NVIDIA NeMo™ and GPU‑accelerated inference, the solution will ensure low‑latency, high‑performance AI across distributed enterprise environments, enabling consistent and scalable customer experience outcomes. The solution will deliver real‑time transcription and contextual summarization, Retrieval‑Augmented Generation (RAG)‑based knowledge assistance, next‑best‑action recommendations, sentiment‑aware engagement insights, and automated post‑call documentation with compliance tracking.

Wipro Partner Labs, an integral part of the Wipro Innovation Network, forms the core of Wipro’s AI-powered offerings. This supports an ecosystem, developed by Wipro on NVIDIA, that extends AI enablement and scaling across enterprises. This collaborative model empowers rapid co‑creation and deployment of enterprise and edge AI use cases, enabling organizations to move innovations seamlessly from concept to production at scale. Powered by Wipro Intelligence™ and NVIDIA-accelerated AI, Partner Labs support enterprises in operationalizing and deploying secure, high‑performance AI solutions across both core and edge environments, ensuring robust and scalable outcomes for diverse business needs.

The Wipro AI-DC solution is available globally across industries including telecommunications, banking and financial services, retail, and healthcare, reinforcing Wipro’s leadership in AI‑led infrastructure and data center transformation services.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our consulting-led approach and the Wipro Intelligence™ unified suite of AI-powered platforms, solutions and transformative offerings, we help clients realize their boldest ambitions to build intelligent and sustainable businesses. The Wipro Innovation Network–part of the Wipro Intelligence™ suite–underpins our commitment to client-centric co-innovation and co-creation by bringing together capabilities from the innovation labs and partner labs, academia, and global tech communities. With over 230,000 employees and business partners across 65 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world. For additional information, visit us at www.wipro.com.

Indriya, Aditya Birla Jewellery Strengthens Presence In Karnataka With Fourth Store In Bangalore

* Expanding its footprint in Bangalore with a new destination on Dickenson Road

Indriya, Aditya Birla Jewellery, continues its steady national growth with the launch of its new store in Bangalore, located on Dickenson Road. Marking the brand’s fourth store in the city, the opening further strengthens Indriya’s presence in Karnataka and reflects the brand’s ongoing expansion across key metropolitan markets in India.

Bangalore is recognised for its vibrant retail landscape and strong demand for contemporary as well as traditional jewellery. Dickenson Road, located in a prominent retail district of the city, is known for its bustling commercial activity and accessibility, making it an ideal setting for Indriya to bring its signature jewellery experience closer to customers seeking distinctive and thoughtfully designed pieces.

The store showcases more than 32,000 thoughtfully curated designs in gold, polki, and diamond across bridal, festive, contemporary, and everyday jewellery collections. Enhancing the in-store experience are dedicated spaces such as an exclusive bridal lounge and a specialised kaarigari room, offering customers a closer look at the craftsmanship and artistry behind each creation. Designed to reflect Indriya’s design-led philosophy, the store brings together refined interiors with a seamless and immersive jewellery retail experience.

With this launch, Indriya continues to strengthen its presence across India. The brand operates stores across major cities including Delhi, Mumbai, Hyderabad, Pune, Bangalore, Ahmedabad, Jaipur, Patna, Indore, and Lucknow, alongside a steadily expanding footprint in emerging urban markets—further reinforcing its position as a fast-growing national jewellery brand backed by the Aditya Birla Group.

Speaking on the occasion, Mr. Sandeep Kohli, CEO, Indriya, said, “Bangalore has been an important market for us, with customers who value craftsmanship and design in fine jewellery. With our fourth store in the city, we are excited to deepen our engagement with customers and offer them a jewellery destination that celebrates artistry and thoughtful design. As we continue expanding across India, our focus remains on delivering exceptional craftsmanship, contemporary design, and a memorable jewellery-buying experience.”

With the Aditya Birla Group’s legacy of trust and excellence, Indriya continues to strengthen its presence across India, including South India, delivering design-led jewellery collections and immersive retail experiences to customers.

Joyalukkas Unveils Its Second Showroom In Mangaluru With A Grand Opening Celebration

The world's favourite jeweller expands its footprint in coastal Karnataka, offering a world-class retail experience and an exclusive Flat 40% off on making charges until 5th April.

The world's favourite jeweller, Joyalukkas, is all set to unveil its second showroom in the coastal city of Mangaluru with a grand opening celebration. This brand-new, state-of-the-art store showcases the signature elegance of Joyalukkas and is thoughtfully designed with premium facilities to offer an immersive and world-class jewellery shopping experience. The much-awaited launch will take place on Friday, 20 March, at 11 AM.

Designed with customer comfort in mind, the new showroom features contemporary interiorsand spacious layouts, with dedicated sections across multiple floors showcasing a diverse range of jewellery categories. Combined with personalised service and international retail standards, Joyalukkas aims to redefine the jewellery shopping experience for patrons in Mangaluru. Joyalukkas has announced an exciting flat 40% Off on all making charges to celebrate the opening up to 5th April

“At Joyalukkas, our mission has always been to bring the finest jewellery designs to every home. We are truly delighted to open our second showroom in Mangaluru, a city known for its rich cultural heritage and vibrant traditions. This new store reflects the elegance and sophistication our customers have come to expect from us, offering not just a wide range of premium collections but also a shopping experience that is truly world-class.

Photo Caption: The World’s Favourite Jeweller, Joyalukkas inaugurated the grand new Second showroom in Mangaluru, Karnataka. The Showroom has been Inaugurated by Mr. U. T. Khader (Speaker- Karnataka Legislative Assembly) in the presence of Nithya Ram (Celebrity Actress), Smt. Poornima (Corporator-Central Ward), Mr.Thomas Mathew (Executive Director, Joyalukkas), Anish Varghese (Head-Marketing, Joyalukkas), Rajesh Krishnan (Head-Retail, Joyalukkas) and other dignitaries.

Croma Rolls Out Festive Mega Deals With Prices Dropping By Up To 70%*

* Big savings on AI and gaming laptops, along with discounts on TVs, ACs, and home appliances for Ugadi & Gudi Padwa. 

As consumers gear up for Ugadi and Gudi Padwa shopping, Croma, India’s trusted omni-channel electronics retailer from the Tata Group, has announced a laptop-led festive offer campaign with big savings across gaming, AI, and everyday computing devices, along with attractive offers on select air conditioners, televisions, refrigerators, and more.

With Ugadi and Gudi Padwa seen as occasions for fresh starts, the offers give customers a great opportunity to upgrade to newer, more capable devices. Customers can unlock a range of exciting benefits including bank cashback, exchange bonuses, special student pricing, and easy EMI options, making this one of the season's most value-packed electronics sales available until 31st March across all Croma stores.

This festive period features an exciting line-up of laptop deals, with options tailored for everyone from high-performance gamers to students and professionals. The Laptop Bonanza makes upgrading even more rewarding, offering up to 25% exchange bonus on select NVIDIA RTX 50 series gaming laptops from brands like HP, Lenovo, and ASUS. You can also enjoy up to a 20% exchange bonus on select Windows laptops, including the newest AI-powered models.

Some more exciting offers on laptop include:

· HP Next Gen (Copilot+) AI PC priced at ₹78,476, is now available for ₹51,690*

· Dell 15 Laptop (Core i5, 16GB RAM) originally listed at ₹64,990, now offered at ₹53,090*

· HP 15 Laptop (24GB RAM) with an MRP of ₹53,266, now available for ₹47,460*

Special Offer for Students & Teachers:

· Buy the Apple MacBook Neo 13 for an effective price of ₹38,706*

· Buy the Apple MacBook Air 13 (M5 Chip) for an effective price of ₹83,905*

(Both MacBook offers are inclusive of student/teacher discounts, brand cashback, and the exchange of an old laptop).

Croma is unveiling a wide array of exciting deals on home category. Customers can avail 2 EMI-free benefits on select air conditioners, exciting freebie offers on refrigerators, and 1 EMI-free along with up to ₹30,000 cashback on select televisions. Offers include:

Televisions:

· Samsung 100" Neo QLED 4K TV previously priced at ₹13,36,600, now available at 70% off*, starting at ₹3,84,990*

· LG 75" Nano Cell 4K TV originally listed at ₹2,17,590, is now offered at 62% off* at attractive ₹82,622*

Home Appliances:

· Voltas 1T Inverter AC with an MRP of ₹52,390, now available at an effective price of ₹25,590*

· Bluestar 1.5T Inverter AC originally priced at ₹78,500, now available at ₹40,966*

· Havells KoolXpress-i Cooler with an MRP of ₹19,990, now available for just ₹9,990*

“Ugadi and Gudi Padwa are occasions for fresh starts, and we see many customers looking for meaningful upgrades for their homes and personal needs. Our new festive campaign, with a special focus on laptops, recognizes the growing importance of personal computing in everyday life. With compelling deals on essential home electronics as well, we aim to ensure our customers get the best value and enjoy a truly fulfilling shopping experience,” said a spokesperson from Infiniti Retail Ltd.

The value-driven festive offers cater to customers across all budgets and requirements. Customers can explore these offers for a limited period across all Croma stores nationwide and on www.croma.com, subject to applicable terms and conditions.

*The final offer prices are inclusive of applicable bank cashback, the value of the old device exchanged, and any additional exchange bonus.

About Croma:

Infiniti Retail Ltd. is one of the first organised consumer durables and electronics retailers in India operating under the brand name Croma. With over 565+ stores across 200+ cities, the company continues to aggressively open new stores to expand its presence especially in suburban region of metro cities along with tier-2 and tier-3 cities. Croma offers its customers a world-class ambience to shop both in-store and staged at www.croma.com and allows for a seamless ‘omni-channel’ shopping experience that lets a customer enjoy the best of both worlds. Through its deep integration with the Tata Neu ecosystem, products from Croma are also available on the Tata Neu app. Croma has been featured among the 100 most valuable Indian brands by Brand Finance India 100 report for two years in a row.

Bhartiya Mall of Bengaluru Hosts Herbal Face Mask Workshop for Natural Skincare Enthusiasts

As part of its Create & Care Workshops series this March, Bhartiya Mall of Bengaluru invites visitors to discover the joys of natural skincare with a special hands-on workshop - Make Your Own Herbal Face Masks & Packs - scheduled for 27th March 2026. Designed as an engaging wellness experience, the session encourages participants to explore the benefits of herbal ingredients while learning simple, effective ways to care for their skin naturally.

The workshop will introduce attendees to natural herbal ingredients and guide them through creating their own face masks and skincare packs. Participants will learn how different ingredients address various skin needs while crafting personalised blends to take home from the interactive session.

With thoughtfully curated experiences that blend wellness, creativity, and learning, Bhartiya Mall of Bengaluru continues to offer visitors engaging activities that go beyond retail, creating opportunities for relaxation, discovery, and mindful self-care.

Event Details:

What: Make Your Own Herbal Face Masks & Packs

When: 27th March 2026 (5:30 PM onwards)

Where: Bhartiya Mall of Bengaluru (Upper Ground Floor)

How to Book: Link

Pocket Pinch: Rs.149

Student Education Diagnostics Announced Launch Of Its Natural Intelligence And Neuroscience-Based Learning Diagnostics Platform

USA-based Student Education Diagnostics (SED) Announced Launch Of Its Natural Intelligence And Neuroscience-Based Learning Diagnostics Platform In India.

It is designed to analyse how students learn, identify academic strengths and learning gaps, and support personalized development pathways.

Developed as an assessment and learning intelligence platform, SED analyses how individual students process information and apply concepts. Using brain-based assessments, the platform identifies learning styles, strengths, and areas that need support. It maps cognitive patterns and academic performance to generate personalized academic roadmaps, allowing educators and families to address learning gaps early while strengthening existing competencies.

Srinesh V, Founder of Student Education Diagnostics, said, “Across classrooms, many students labelled as underperforming are often simply misunderstood. Conventional assessments tend to measure outcomes, but they rarely explain how a student learns. Through SED, we aim to introduce a neuroscience-based diagnostic approach that helps schools and families understand individual learning patterns, identify gaps earlier, and guide students toward clearer academic pathways.”

The launch was announced during the SED Learning Intelligence Summit, which brought together educators and academic experts to discuss how learning diagnostics can support earlier identification of student learning gaps and guide more informed academic development. The event featured Joseph Salazar, M.S. in Engineering and Management in Aerospace, University of New Orleans; Jacqueline M. Klemke, MBA, Frankfurt University and Mental Health and Well-being Specialist; Dr. Sedighe Zamani Roodsari, PhD, M.Ed., Auburn University; and Eric Sambaluk, Curriculum Advisor.

The platform integrates neuroscience-based academic diagnostics with structured student tracking tools. These include early identification of learning gaps, SAT- and ACT-aligned frameworks, US-based certification pathways, and a 360-degree system that enables educators and parents to track student progress over time.

Speaking on the India launch, Ashli Sambaluk, CEO, Student Education Diagnostics; M.A. - Foreign Languages, University of North Texas, said, “India has one of the world’s largest student populations, yet most systems still measure performance without fully understanding how each student learns. Bringing SED to India is about changing that starting point. By applying neuroscience-based diagnostics, we can help educators and families identify learning strengths and gaps much earlier, and create academic pathways aligned with global benchmarks and future careers.”

Ms. Seema Boppana, Director, Sri Chaitanya Educational Institutions, who attended the summit, expressed keen interest in this new initiative. She stated that understanding students’ learning patterns through neuroscientific approaches can significantly strengthen the education system. She added that initiatives leaning towards Natural Intelligence will help identify students’ learning gaps at an early stage and enable institutions to provide more personalized and effective academic support.

Dr. Ganesanathan Geathiswaran, Deputy High Commissioner of Sri Lanka to Southern India, appreciated the SED initiative for its forward-thinking approach to understanding children’s learning patterns through neuroscience and natural intelligence. He expressed that such a model has strong potential to transform education systems and extended an invitation to the SED team to visit Sri Lanka to explore its implementation and impact further.

The launch was also graced by eminent education leaders, institutional heads, and esteemed guests, reflecting a collective commitment towards advancing the future of education.

On this occasion, Student Education Diagnostics (SED) announced its intent to enter into strategic educational partnerships with leading educationists and institutional heads across India.

The proposed collaborations include Mr. Suresh Chander, State President, Haryana Progressive Schools Conference (HPSC); Mr. P. K. Sambal, Founder of American Eduglobal School; and Dr. Jagjit Singh Dhuri, President of the Federation of Private Schools & Association of Punjab and Joint Association of Colleges.

These partnerships aim to bring advanced scientific approaches such as Natural Intelligence and Neuroscience into mainstream education, enabling institutions to better understand students’ learning patterns, identify learning gaps early, and deliver more personalized and effective academic support.

With the India launch, SED plans to expand its engagement with educators and institutions, building on its presence in the United States, Vietnam, and Georgia, to introduce neuroscience-based learning diagnostics that support personalized student development.

About Student Education Diagnostics (SED):

Student Education Diagnostics (SED) is a neuroscience-based assessment platform designed to understand how each child learns, identify strengths and learning gaps, and create personalized growth pathways. The organization works with educators and academic experts across the United States, India, Vietnam, and Georgia.

The SED website will be officially launched on March 19 in Hyderabad, between 12:00 PM and 12:30 PM, marking a significant milestone in its mission to transform student learning through scientific approaches.

Nothing To Host Exclusive Phone (4a) Pro Drop At Its Bengaluru Flagship Store At Indiranagar

London-based consumer technology unicorn, Nothing has announced a limited drop of the recently launched Phone (4a) Pro at its flagship store in Bengaluru, giving consumers a chance to experience and purchase the device ahead of wider availability. The drop will take place on Saturday, 21 March 2026 at 12 PM IST at the Nothing Store, Indiranagar.

The event will follow a simple format, no pre-orders or waitlists, with customers able to walk in, get hands-on with the device, and be among the first globally to own the Phone (4a) Pro. The first 100 customers will receive an exclusive engraved edition of Phone (4a) Pro, along with a complimentary Nothing Ear.

Phone (4a) Pro pushes the experience further with flagship-level camera hardware, including a Sony LYT700C 50MP main sensor and a 50MP 3.5x OIS telephoto lens capable of up to 140x Ultra Zoom. Combined with the TrueLens Engine 4 and Ultra XDR imaging, it delivers powerful zoom, improved low-light photography, and cinematic 4K video capture.

The device features a 6.83” 1.5K AMOLED display with a 144Hz refresh rate and the slimmest bezels ever on a Nothing phone, delivering a more immersive viewing experience with up to 5000 nits peak brightness. Powered by the Snapdragon 7 Gen 4, it offers flagship-grade speed and AI performance. The phone is built with a precision metal unibody design, IP65 durability, and an upgraded Glyph Matrix with 137 mini-LEDs that brings sharper, more expressive notifications.

Phone (4a) Pro is available in Black, Silver and Pink in three configurations: 8GB + 128GB at ₹39,999, 8GB + 256GB at ₹42,999, and 12GB + 256GB at ₹45,999. Customers can avail bank discounts of up to ₹4,000, bringing the effective starting price down to ₹34,999.  

Godrej Enterprises Group Sees Strong Momentum In Its Energy Solutions Business With ₹2,600 Crore Pipeline

* Godrej Targets A 15% Growth In FY27

Godrej Enterprises Group’s Energy Solutions business has built a strong project pipeline of ₹2,600 crore at the close of FY26, spanning transmission infrastructure, railway electrification and renewable energy projects. Supported by rising investments in power infrastructure and clean energy, the business expects to grow by around 15% by FY27.

The growth reflects increasing demand for transmission infrastructure, grid modernization and electrification projects, aligned with the Government of India’s continued focus on strengthening the country’s power ecosystem and supporting India’s expanding energy needs.

Commenting on the growth momentum, Mr. Raghavendra Mirji, Business Head – Energy Solutions business, Godrej Enterprises Group says, “India’s focus on strengthening its power infrastructure and accelerating the transition to cleaner energy sources is creating significant opportunities across the energy ecosystem. Our strong order bank reflects the growing demand for reliable transmission infrastructure, railway electrification and renewable energy solutions. We are also expanding our footprint across key power and renewable energy markets, with a strong focus on states such as Gujarat and Rajasthan that are witnessing rapid renewable capacity additions, as well as Maharashtra, Uttar Pradesh and Tamil Nadu where growing industrial and urban demand is driving investments in transmission infrastructure and grid modernization. At Godrej Enterprises Group, we remain committed to delivering integrated, future-ready infrastructure that supports the country’s evolving energy.”

Over the past year, the company executed several key projects across India, reinforcing its capabilities in transmission infrastructure, railway electrification and distributed solar solutions. These included commissioning 25 units of 765kV AIS and GIS bays in Gujarat, 54 units of 400kV and below AIS/GIS bays across multiple regions, and a 220/132kV AIS substation in Sikkim. In the railways segment, the company also delivered three railway traction substations, supporting the electrification of railway networks.

The company also expanded its renewable portfolio with projects such as a 6.5 MWp rooftop solar installation in Jaipur, reflecting the growing adoption of solar energy solutions by commercial and industrial customers. This momentum is further supported by the Government of India’s continued emphasis on strengthening power infrastructure and accelerating the clean energy transition, as reflected in the Union Budget 26-27.

With a growing pipeline of transmission, substation and renewable energy projects across these regions, Godrej’s Energy Solutions business is well positioned to contribute to the next phase of India’s energy transition while delivering reliable infrastructure for utilities and industrial customers.  

TVS Motor Company Launches ‘TVS KING Ka Vaada 3.0’, Reinforcing Commitment To Customer And Family Security

TVS Motor Company, a global leader in two and three-wheeler manufacturing, today announced the launch of ‘TVS KING Ka Vaada 3.0’. An enhanced customer-value support initiative for the TVS King three-wheeler family, it builds on the success of its earlier editions while significantly expanding the scope of customer benefits. With Vaada 3.0, TVS Motor Company extends its commitment beyond vehicle ownership, introducing added support that also prioritises the safety and well-being of customers and their families.

The ‘TVS KING Ka Vaada 3.’0 offers a comprehensive ownership package designed to deliver peace of mind, reduced downtime, and enhanced financial security for customers and their families. Along with extended warranty, free maintenance services, and roadside assistance, the scheme introduces personal and family protection benefits, reinforcing TVS Motor Company’s commitment to supporting customers beyond mobility.

Key benefits under TVS KING Ka Vaada 3.0 include:

· Personal Accidental coverage of up to ₹10 lakh - In case of death or permanent disability

· Education support of ₹1 lakh per child for up to two children - In case of death or permanent disability

· Income protection during Hospitalization of ₹4,000 per day for up to 30 days

· Extended warranty coverage across ICE and EV models

· Three free maintenance services

· Roadside assistance for uninterrupted operations

The scheme is applicable across the entire TVS King portfolio, covering ICE and EV variants across passenger and cargo segments. Passenger ICE models such as TVS King Deluxe and TVS King Duramax Plus receive two years of warranty, three free services, and one year of roadside assistance. TVS King EV Max customers benefit from an industry-leading six-year warranty, three free services, and three years of roadside assistance. Cargo models including TVS King Kargo HD and TVS King Kargo HD EV receive up to six years of warranty, three free services, and three years of roadside assistance, along with the same personal and family protection benefits.

With ‘TVS KING Ka Vaada 3.0’, TVS Motor Company elevates the ownership experience in the three-wheeler segment, combining product reliability with comprehensive customer support to safeguard both livelihoods and families.

For more information, please visit: www.tvsmotor.com

Samsung Introduces ‘Galaxy Forever’, A New Ownership Model To Make Flagship Smartphones More Accessible In India

· Consumers can now own Galaxy S26 Ultra or Galaxy S26 Plus for a year by paying only half of the device cost in 12 no-cost EMIs

· An industry-first no-questions-asked ‘Return, Retain or Upgrade’ flexibility after 12 months

· Available on Samsung.com and across 1,500+ Samsung Experience Stores nationwide

Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy Forever in India, introducing a new ownership model to make its flagship smartphones more accessible. Designed to address the growing interest in the premium smartphone segment, the programme promises customers a 50% upfront discount against assured buyback after one year with a no-questions-asked-return policy powered by Samsung Care+.

This enables customers to own a Galaxy S26 Ultra or Galaxy S26 Plus for a year by paying only half of the device cost in 12 no-cost EMIs via Credit Card or Samsung Finance+. Samsung Finance+ is designed to drive financial inclusion so that consumers can avail easy credit with minimal documentation and quick loan approvals. After one year, customers who opted in through the Credit Card payment mode can return and get 50% assured buyback directly or retain and pay the balance 50% through additional 12 no-cost EMIs.

Customers who opted for Samsung Finance+ just simply need to return and upgrade to the next Galaxy flagship smartphone. To retain the device, customers would be required to pay the balance 50% in the 13th month.

Galaxy Forever also includes Samsung Care+ (offering Accidental and Liquid Damage Protection with zero deductibles) worth INR 13,999 for 13 months, ensuring device protection and no-questions-asked-return promise from day one.

Galaxy Forever – Key details

· Eligible Devices: Galaxy S26 Ultra and Galaxy S26 Plus

· Programme Fee: INR 749.92/month for one year

· Assured Buyback: Get a 50% upfront discount with our no-questions-asked return promise

· Spread the Cost: Pay the balance 50% of the price in 12 no-cost EMIs with Credit Card

· Peace of Mind: Get Rs. 13,999 worth Samsung Care+ Accidental & Liquid Damage cover with zero deductibles for 13 months

· Flexibility: Return, retain or upgrade after 12 months

· Availability: Samsung.com and 1,500+ Samsung Experience Stores across India

· Payment Methods:

· Samsung Finance+ (applicable on Samsung.com and in Samsung Experience Stores)

· Credit Card – No-cost EMI (only applicable on Samsung.com)

“With Galaxy Forever, we are introducing a customer-first ownership model that makes our flagship Galaxy S26 Ultra and Galaxy S26 Plus more accessible to Indian consumers. The programme has been designed based on the insight that consumers want to own the latest technology while enjoying a hassle-free option to upgrade year after year. Galaxy Forever reflects our commitment to innovation—not only in technology but also in how users own and upgrade to the latest Galaxy devices,” said Sumit Walia, Vice President, Head of D2C Business & Corporate Marketing, Samsung India.

Giving Consumers the Power of Choice

Devices	Starting price	Interest-free EMIs - Device	Interest-free EMIs – Galaxy Forever programme fee	Monthly payable amount
Galaxy S26 Ultra	INR 1,39,999	INR 5,833.29	INR 749.92	INR 6,583.21
Galaxy S26 Plus	INR 1,19,999	INR 4,999.96	INR 749.92	INR 5,749.88

 
Samsung has partnered with Servify and DMI Finance for seamless upgrades, returns, and automated settlement. Galaxy Forever is available on Samsung.com and across 1,500+ Samsung Experience Stores nationwide.

Empowering Corporates and Students

Samsung has also extended Galaxy Forever to select corporate employees and students. Eligible users can access these exclusive ownership benefits through the Samsung Corporate+ and Student+ online stores, ensuring that India’s workforce and youth can stay at the cutting edge of the Galaxy ecosystem.

Samsung Newsroom India: Samsung Introduces ‘Galaxy Forever’, a New Ownership Model to Make Flagship Smartphones More Accessible in India – Samsung Newsroom India

Lauritz Knudsen Champions The Engineers Shaping India’s Electric Mobility Future

Lauritz Knudsen Electrical and Automation, a leader in India’s electrical and automation industry has partnered with Orion Racing India, the Formula Student team of K J Somaiya School of Engineering, Somaiya Vidyavihar University, Mumbai to support young engineering talent and strengthen India’s electric mobility ecosystem at the grassroots level. The engagement reflects Lauritz Knudsen’s belief that India’s transition to electric mobility must be shaped early, through hands on learning, experimentation, and the development of future ready engineering capabilities.

Electric mobility will scale meaningfully only when innovation is nurtured at the foundation of the ecosystem. By engaging with students who are actively designing and building electric and autonomous vehicle platforms, Lauritz Knudsen is encouraging early adoption of clean mobility thinking and contributing to the development of future ready skills that will be critical to India’s evolving energy and mobility landscape. This engagement also aligns with Lauritz Knudsen’s broader focus on strengthening its offerings around electric vehicle charging infrastructure and the power distribution systems that enable safe, efficient, and scalable electrification.

Orion Racing India brings nearly two decades of experience in student motorsport, with consistent participation in national and international Formula Student competitions. The team transitioned from internal combustion engines to electric prototypes in 2019, aligning its work with global shifts towards sustainable mobility. Its electric racecar serves as a live learning platform, enabling students to apply classroom learning to real world challenges across power systems, energy management, safety, and vehicle performance.

Speaking on the partnership, Naresh Kumar, COO, Lauritz Knudsen Electrical and Automation, said, “India’s electric mobility journey will be shaped by the ecosystem we build today. At Lauritz Knudsen, we believe meaningful change begins early, when young engineers are encouraged to build, experiment, and apply their learning to challenges. By engaging with students who are actively working on electric vehicle technologies, we are helping develop future ready talent that will play a defining role in India’s mobility and energy future.”

Speaking on the team, Dr. Ukrande, Director, K J Somaiya School of Engineering, Somaiya Vidyavihar University said, “Orion Racing India has a long and proud legacy of representing K J Somaiya School of Engineering at Formula Student competitions over the years. What makes this journey special is the continuity each batch of students builds on the learning, experience, and spirit of those before them. Through hands-on work on electric racecars, our students move beyond textbooks to real engineering challenges. Support from industry partners like Lauritz Knudsen further strengthens this learning ecosystem and motivates students to innovate in areas critical to India’s mobility future.”

Through this partnership, Lauritz Knudsen is engaging with young engineers at the grassroots level to support hands on learning and capability building in electric mobility. The engagement reflects the company’s ongoing effort to contribute to the development of skills and thinking needed for India’s evolving mobility landscape.

About Lauritz Knudsen:

Lauritz Knudsen Electrical & Automation, formerly known as L&T Switchgear, is a leading player in the Indian Electrical industry, drawing strength from over 70 years of rich heritage and a steadfast dedication to contributing towards the growth of India. The brand currently exports to 30 + countries and is dedicated to providing a wide range of electrical and automation solutions to vital sectors of the economy, including industries, utilities, infrastructure, buildings, and agriculture. Our extensive portfolio includes low-voltage and medium-voltage switchgear, automation solutions, tailored software, and services.

With multiple manufacturing facilities in India, we adhere to global standards of excellence. Our operations are supported by well-equipped, in-house design and development centers, as well as tooling facilities, ensuring precision in manufacturing.

With a strong global footprint, supported by an expansive electrical distribution network in India and worldwide, our ambition is to foster excellence and provide top-tier products and solutions that drive the progress of nations globally.

We Listen. We Partner. We Innovate.

About Somaiya Vidyavihar University and K J Somaiya School of Engineering

Somaiya Vidyavihar University (Accredited with A Grade by NAAC), established in 2019, is a leading institution in Mumbai, India, built upon the 84-year legacy of the Somaiya Educational Trust. Guided by the motto ज्ञानादेव तु कैवल्यम (‘Knowledge Alone Liberates’), the university emphasizes academic excellence, holistic development, and character-building. With a strong commitment to sustainability, research, and the development of well-rounded leaders, Somaiya Vidyavihar University continues to play a pivotal role in shaping India’s educational landscape.

The K. J. Somaiya School of Engineering offers a diverse range of 10 Under Graduate (B.Tech.) programs, encompassing the traditionally successful disciplines as well as cutting-edge, multidisciplinary programs. The K J Somaiya School of Engineering also provides a selection of 09 Post Graduate (M.Tech.) programs and 6 PhD programs. The active participation of students in various co-curricular / extra-curricular activities and competitions reflects KJSSE’s commitment to holistic development.  

Celebrate The Spirit Of Navratri With A Wholesome, Soul-Satisfying Feast At The Claridges New Delhi

* An ode to devotion, nourishment, and indulgence—crafted to truly satisfy.

Navratri is not just a festival—it is a time of spiritual renewal, mindful living, and conscious nourishment. Rooted in devotion and discipline, fasting during these sacred days calls for food that is not only pure and sattvic but also deeply satisfying. Embracing this essence, The Claridges New Delhi presents an exquisitely curated Navratri Thali at Dhaba, designed to be both wholesome and fulfilling, celebrating tradition without compromising on indulgence.

From 19th March to 27th March 2026, guests are invited to experience a thoughtfully balanced thali that brings together authentic fasting flavors and nutritional mindfulness. At approximately 1386 kcal, the thali is carefully designed to provide sustained energy.

At the heart of this experience lies Dhaba at The Claridges, known for its rich, homestyle North Indian flavors and timeless appeal. This festive thali is a celebration of comforting classics, elevated with refined techniques and premium ingredients. Every dish is crafted to evoke nostalgia while delivering a sense of indulgence, ensuring that fasting feels abundant rather than restrictive.

Navratri Special Thali Highlights:

Masala Pudina Chaach – A cooling, spiced yogurt drink to refresh and energize

Kuchundar aur Moongfali Seekh – Earthy beetroot and peanut seekh with layered textures

Sabudana Vada – Golden, crisp tapioca fritters with a signature crunch

Paneer Makhani – Rich, velvety cottage cheese curry with subtle sweetness

Aloo Rasedar – Comforting potatoes in a delicately spiced gravy

Khatte Meethe Kaddu ki Sabzi – A festive balance of sweet and tangy pumpkin

Arbi Kadhi – A soothing yogurt-based curry with colocasia

Jeera Dhaniya Samak Chawal – Light, aromatic barnyard millet

Kuttu ki Poori – Crisp, hearty buckwheat bread

Kheere ka Raita, Kachumber Salad & Sabudana Papad

Makhane ki Kheer – A rich, indulgent dessert of foxnuts, milk, and nuts

Every element of the thali has been thoughtfully curated to ensure a harmonious balance of taste, texture, and nutrition, making it not just a meal, but a deeply satisfying festive experience. Prepared using traditional techniques, gentle spices, and fasting-friendly ingredients, it reflects both authenticity and the signature refinement of The Claridges.

Whether shared with loved ones or enjoyed as a quiet moment of indulgence, this Navratri thali transforms fasting into a celebration of abundance, comfort, and mindful luxury.

Details:

Venue: Dhaba, The Claridges New Delhi
Dates: 19th March – 27th March 2026
Time: 12:30 PM – 02:45 PM | 07:00 PM – 11:30 PM
Price: INR 2495++ per person
Contact: 011-39555074, +91-8800922117

About The Claridges New Delhi

The Claridges, New Delhi has been a landmark in Lutyens Delhi since 1955. Located in lush and tranquil surroundings in the heart of the city, the hotel is within proximity of the business district, ministries, diplomatic missions, shopping and cultural centres, and historical landmarks. The flagship property of The Claridges Hotels and Resorts, The Claridges, New Delhi has over the years played host to several important social, political, and business gatherings. With its classic ambience and contemporary facilities, the hotel recreates the magic of old-world charm coupled with gracious Indian hospitality. The architecture of the hotel, the guest rooms and suites with their classic, understated decor, the expansive garden with swinging palm trees, and personalized service transports one to a haven of tranquility right in the middle of the bustling city.

Samsung Introduces ‘Galaxy Forever’, A New Ownership Model To Make Flagship Smartphones More Accessible In India

Consumers can now own Galaxy S26 Ultra or Galaxy S26 Plus for a year by paying only half of the device cost in 12 no-cost EMIs

An industry-first no-questions-asked ‘Return, Retain or Upgrade’ flexibility after 12 months

Available on Samsung.com and across 1,500+ Samsung Experience Stores nationwide

Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy Forever in India, introducing a new ownership model to make its flagship smartphones more accessible. Designed to address the growing interest in the premium smartphone segment, the programme promises customers a 50% upfront discount against assured buyback after one year with a no-questions-asked-return policy powered by Samsung Care+.

This enables customers to own a Galaxy S26 Ultra or Galaxy S26 Plus for a year by paying only half of the device cost in 12 no-cost EMIs via Credit Card or Samsung Finance+. Samsung Finance+ is designed to drive financial inclusion so that consumers can avail easy credit with minimal documentation and quick loan approvals. After one year, customers who opted in through the Credit Card payment mode can return and get 50% assured buyback directly or retain and pay the balance 50% through additional 12 no-cost EMIs.

Customers who opted for Samsung Finance+ just simply need to return and upgrade to the next Galaxy flagship smartphone. To retain the device, customers would be required to pay the balance 50% in the 13th month.

Galaxy Forever also includes Samsung Care+ (offering Accidental and Liquid Damage Protection with zero deductibles) worth INR 13,999 for 13 months, ensuring device protection and no-questions-asked-return promise from day one.

Galaxy Forever – Key details

Eligible Devices: Galaxy S26 Ultra and Galaxy S26 Plus

Programme Fee: INR 749.92/month for one year

Assured Buyback: Get a 50% upfront discount with our no-questions-asked return promise

Spread the Cost: Pay the balance 50% of the price in 12 no-cost EMIs with Credit Card

Peace of Mind: Get Rs. 13,999 worth Samsung Care+ Accidental & Liquid Damage cover with zero deductibles for 13 months

Flexibility: Return, retain or upgrade after 12 months

Availability: Samsung.com and 1,500+ Samsung Experience Stores across India

Payment Methods:

Samsung Finance+ (applicable on Samsung.com and in Samsung Experience Stores)

Credit Card – No-cost EMI (only applicable on Samsung.com)

“With Galaxy Forever, we are introducing a customer-first ownership model that makes our flagship Galaxy S26 Ultra and Galaxy S26 Plus more accessible to Indian consumers. The programme has been designed based on the insight that consumers want to own the latest technology while enjoying a hassle-free option to upgrade year after year. Galaxy Forever reflects our commitment to innovation—not only in technology but also in how users own and upgrade to the latest Galaxy devices,” said Sumit Walia, Vice President, Head of D2C Business & Corporate Marketing, Samsung India.

Giving Consumers the Power of Choice

Devices	Starting price	Interest-free EMIs - Device	Interest-free EMIs – Galaxy Forever programme fee	Monthly payable amount
Galaxy S26 Ultra	INR 1,39,999	INR 5,833.29	INR 749.92	INR 6,583.21
Galaxy S26 Plus	INR 1,19,999	INR 4,999.96	INR 749.92	INR 5,749.88

 

Samsung has partnered with Servify and DMI Finance for seamless upgrades, returns, and automated settlement. Galaxy Forever is available on Samsung.com and across 1,500+ Samsung Experience Stores nationwide.

Empowering Corporates and Students

Samsung has also extended Galaxy Forever to select corporate employees and students. Eligible users can access these exclusive ownership benefits through the Samsung Corporate+ and Student+ online stores, ensuring that India’s workforce and youth can stay at the cutting edge of the Galaxy ecosystem.

Samsung Newsroom India: Samsung Introduces ‘Galaxy Forever’, a New Ownership Model to Make Flagship Smartphones More Accessible in India – Samsung Newsroom India

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the world of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news,  visit the Samsung Newsroom at https://news.samsung.com/in/

Genrobotics Clinches ₹17 Crore Landmark Deal To Automate Ahmedabad’s Sewer Networks

* Transforming Urban Sanitation: To Deploy Advanced Bandicoot Mobility+ Robotics Across 7 Zones

Genrobotics, the pioneering Indian deep-tech leader, transforming sanitation through advanced technology, has secured a ₹17 crore tender from the Ahmedabad Municipal Corporation (AMC) for the deployment of its advanced Bandicoot Mobility+ robotic sewer cleaning systems. As per the tender, 7 robotic units will be deployed across 7 zones in Ahmedabad, along with a 5-year operations and maintenance (O&M) contract.

A key innovation of the system is its detachable robotic unit, which can be deployed independently from the vehicle. This enables access to narrow urban spaces and gullies as small as 80 cm wide, where conventional sewer cleaning machines are unable to operate. This capability is particularly critical in dense urban environments like Ahmedabad, where accessibility constraints have historically led to manual interventions there by casualties. This initiative streamlines sewer maintenance operations, establishing a new benchmark for safety and efficiency in AMC urban infrastructure.

The Bandicoot Mobility+ is an advanced, vehicle-mounted robotic sewer cleaning system that integrates powerful robotic cleaning capabilities with an onboard waste management system. This will enables a complete mechanized workflow from sludge and debris extraction inside manholes to transferring waste into an integrated collection unit and helps in transporting it to treatment facilities eliminating all need for human contact with hazardous waste at any stage of the process.

Speaking on the development, Arun George, Co-founder, Genrobotics, said: "Securing the AMC tender validates our 'Made in India' approach to complex engineering. With this partnership, Ahmedabad is setting a new benchmark for smart city infrastructure. Our goal is simple: zero human entry into sewers. By deploying advanced robotics—complete with gas sensors and waterproof robotic arms—we are turning a traditionally hazardous task into a safe, tech-driven operation. We’re proud to see Indian cities scaling with indigenous technology that is now being exported to the world."

Genrobotics has already demonstrated the effectiveness of its robotic systems across multiple cities in Gujarat including recent deployment in Rajkot and Maharashtra and other 23 states, supporting municipal bodies in managing complex sewer networks and enabling safe cleaning in hard-to-reach areas.

With this latest tender, Genrobotics continues to expand its footprint both in India and globally, reinforcing its mission to eliminate manual scavenging through cutting-edge robotic innovation while building scalable, technology-driven solutions for critical infrastructure challenges.

Genrobotics’ Bandicoot robots are currently deployed across 23 states and union territories in India, supporting over 180 urban local bodies in transitioning from hazardous manual sewer cleaning practices to safe, mechanized, and technology-driven sanitation management.

By ensuring zero human entry and zero direct contact with waste, the system aligns with the provisions of the Manual Scavenging Prohibition (MS) Act, supporting the elimination of manual scavenging in urban sanitation operations and increasing safety and efficiency.

About Genrobotics Innovations

Genrobotics Innovations is a deep-tech robotics company focused on healthcare robotics, mechanised sanitation systems, and high-risk robotic platforms, with a growing international presence. It was founded by We believe our Founders could add meaningful insights to discussions around innovation-led growth, scalable manufacturing, and building globally competitive technology ventures from India. Genrobotics Innovations was founded Vimal Govind MK, Arun George, Rashid K, and Nikhil NP. The team was recognized in Forbes 30 Under 30 Asia 2023, focuses on creating AI-powered robotic solutions for social impact, such as ending manual scavenging and developing healthcare rehabilitation robots like G-Gaiter.

Goldmedal Introduces Mayra Ceiling Fan With Premium Design And Powerful Airflow

Goldmedal Electricals, one of India’s leading Fast Moving Electrical Goods (FMEG) companies, has unveiled the Mayra Ceiling Fan, a stylish new addition for modern homes. With its decorative design and dependable functionality, the fan is designed to enhance everyday comfort while complementing contemporary interiors.

The Mayra Ceiling Fan stands out with its refined design, highlighted by elegant metallized trims and rings that add a premium touch to any space. Built with an energy-efficient motor, the fan delivers consistent airflow while maintaining efficient power usage. Its quiet operation ensures a peaceful environment, making it suitable for bedrooms, living rooms, and workspaces alike.

Built for lasting performance and style, the fan features specially coated blades that extend durability and reduce maintenance efforts. With a powerful motor supported by double ball bearings, Mayra provides consistent air circulation and smooth operation even during extended use.

Key features of the Mayra Ceiling Fan include:

· High-speed performance of up to 350 RPM for powerful airflow

· Energy-efficient operation with 52W power consumption

· Elegant decorative design enhanced with metallized trims and rings

· Robust motor with double ball bearings for smooth and noiseless operation

· Wider blades engineered for superior air delivery

· Durable blade coating for enhanced longevity and easy maintenance

· Available in stylish colours including White, Smoke Brown, Granite Grey, and Ivory

· 1200 mm sweep with BEE 1-star rating

· 2-year product warranty with customer care support for service and installation

Speaking on the launch, Bishan Jain, Director, Goldmedal Electricals said, “With Mayra, our focus was to deliver a fan that brings together sophisticated design and strong performance for today’s homes. Our aim is to bring products to the market that enhance everyday experiences while maintaining high standards of quality.”

The Mayra Ceiling Fan comes in stylish colour options such as White, Smoke Brown, Granite Grey, and Ivory, making it a versatile choice for modern homes. Its decorative motor design with metallized accents enhances the overall aesthetic of living spaces. Priced at Rs.4500, the Mayra Ceiling Fan is available across leading online platforms and retail outlets nationwide.

Hon Hai Technology Group (Foxconn) Announces Strategic Partnership With SAP To Accelerate AI-Powered Manufacturing & Supply Chains

Hon Hai Technology Group (“Foxconn”) (TWSE:2317) plans to accelerate the adoption of next generation enterprise AI across the Asia-Pacific (APAC) region in strategic partnership with SAP SE, a global leader in enterprise applications and business AI. The partnership, announced at NVIDIA GTC 2026 in San Jose, builds on Foxconn’s ongoing AI Factory initiative, aimed at reshaping the future of manufacturing processes and supply chain management and opening new pathways for global deployment. With this partnership, Foxconn and SAP will bring together their respective technologies to help accelerate go-to-market initiatives across the APAC region and advance the deployment of AI technologies that support Foxconn’s journey toward becoming a fully digitized and AI-empowered organization. The companies will also explore new coinnovation use cases for Physical AI, SAP Supply Chain Management, and Foxconn Smart Manufacturing.

“Our strategic partnership with SAP is an important step toward realizing the vision of intelligent and AI-powered manufacturing,” said Young Liu, Chairman of Foxconn. “By bringing together Foxconn’s AI computing capabilities with SAP’s expertise in enterprise applications, we are addressing one of the most complex challenges facing global industries today.”

"AI is advancing at an unprecedented pace, and our partnership with Foxconn represents a powerful opportunity to accelerate enterprise AI adoption across the Asia-Pacific region," said Christian Klein, CEO of SAP SE. “Together, we are helping organizations harness technology that helps them move faster, operate more efficiently, and scale with confidence as they transform in the AI era."

Looking ahead, Foxconn aims to work with SAP to help redefine how industries harness enterprise AI. By bringing together enterprise intelligence, AI infrastructure, and new pathways for real-world industrial deployment, the collaboration aims to establish a new blueprint for AI-powered manufacturing.

About Foxconn

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking 28th among the Fortune Global 500. In 2025, revenue, unaudited and consolidated, totaled TWD8.099 trillion (approx. USD260 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and other. The Group operates over 230 campuses across 24 countries and is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – artificial intelligence, semiconductors and next-generation communications technology. Pulling it together with its three intelligent platforms – Smart Manufacturing, Smart EV, Smart City – the “3+3+3” strategy is key to driving the Group’s long-term growth. Foxconn is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. 
Watch https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

PNB Housing Finance And IMGC Join Hands To Expand Access To Affordable Home Loans Through Mortgage Guarantee

* Aims to strengthen responsible lending in India’s housing finance ecosystem

PNB Housing Finance Ltd, one of India’s largest housing finance companies, announced a strategic partnership with India Mortgage Guarantee Corporation (IMGC), India’s first mortgage guarantee company, to provide responsible access to home loans for the affordable housing segment. The association will enable PNB Housing to offer its affordable home loans through IMGC’s mortgage guarantee-backed solutions, enabling aspiring home owners, particularly first-time borrowers, to fulfil their home buying dreams in India.

As part of this collaboration, IMGC will offer Mortgage Guarantee (MG) solutions supported by a First Loss Default Guarantee (FLDG) structure to home loan borrowers of PNB Housing Finance. This framework enables lenders to enhance borrower eligibility while maintaining prudent risk management and portfolio resilience. The structure provides an additional layer of credit protection, allowing lenders to responsibly expand home loan access while maintaining strong portfolio quality.

Mr. Ajai Shukla, MD & CEO, PNB Housing Finance said, “At PNB Housing Finance, our vision is to make homeownership more accessible, inclusive and sustainable for home buyers across India. Our partnership with IMGC marks a significant step in strengthening this commitment, particularly to deserving borrowers who may not otherwise qualify for traditional financing options. By combining our underwriting expertise and distribution footprint with IMGC’s robust guarantee frameworks, we can confidently expand our affordable housing portfolio, and contribute strongly to nation building.”

Mr. Mahesh Misra, MD & CEO, IMGC, said, “India’s housing finance market continues to present a significant opportunity, particularly as mortgage penetration remains relatively low compared with global benchmarks. At IMGC, we have facilitated mortgage guarantees on home loans exceeding ₹44,000 crores, supporting over 1,70,000 households across more than 400 locations in India. Our partnership with PNB Housing Finance represents an important step in expanding the role of mortgage guarantees as a risk-sharing framework that enables lenders to responsibly extend housing finance while maintaining strong credit discipline.”

About PNB Housing Finance Ltd (PNBHFL)

PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7th November 2016. The Company further raised capital through Rights Issue in May 2023. With over three decades of specialised experience in housing finance, PNB Housing has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly. PNB Housing provides housing loans to individuals and corporate bodies for purchase, construction, repair and upgradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

About India Mortgage Guarantee Corporation (IMGC)

IMGC is India’s first mortgage guarantee company (incorporated in 2012). IMGC is regulated by the Reserve Bank of India's (RBI) guidelines for mortgage guarantee companies (2008).

Born out of a vision for making housing affordable, its primary objective is risk mitigation for lending institutions by providing a backstop against credit defaults.

IMGC currently has Enact MI, Sagen, National Housing Bank, International Finance Corporation, and Asian Development Bank, as its shareholders. It provides mortgage guarantees on retail home loans to various mortgage lenders. IMGC has achieved significant success since its commencement of operations in 2014, which is reflected in its existing book size, growth, and partnerships with lenders. It has surpassed ₹44,000 crores in home loan guarantees for over 170,000 customers across 400 locations nationwide. The firm has collaborated with over 23 lending institutions, including banks, housing finance companies (HFCs).