Thursday, January 30, 2025

Blue Dart Records Robust Quarter 3 Sales At Rs 1,512 Crores


Blue Dart Express Limited, South Asia's leading express air, integrated transportation, and distribution logistics company, announced its financial results today for the quarter ended December 31, 2024, at the Board Meeting.

The company posted a profit after tax of Rs 79 crores for the quarter ended December 31, 2024. Revenue from operations for the quarter stood at Rs 1,512 crores.

Reflecting on the company’s performance, Balfour Manuel, Managing Director, Blue Dart Express Ltd., said, “Our Q3 performance reflects the resilience and adaptability of our diverse B2B & B2C solutions. This quarter’s achievements highlight our ability to navigate market dynamics effectively, leveraging disciplined execution and operational excellence. We continue to deliver consistent growth and long-term value, reinforcing our role as a trusted partner for all stakeholders.”

Discussing the business outlook, he emphasized, “We remain focused on building a future-ready logistics ecosystem by investing in sustainability, scalability, and service excellence. Our strategic initiatives focus on enhancing efficiency and environmental responsibility, enabling us to deliver seamless and reliable solutions. These efforts reinforce our position as the logistics provider of choice for the nation, meeting India’s evolving logistics needs.”

Blue Dart’s exceptional service quality, supported by automation and technology, continues to provide customers with seamless, one-stop logistics solutions. Building on its legacy of leadership, innovation, and customer-centricity, Blue Dart is accelerating sustainable growth through strategic initiatives that capitalize on structural tailwinds in key markets and industries. The company’s positive outlook highlights its drive to enhance market presence and increase customer engagement across its portfolio, delivering exceptional value to its partners. Recently recognized as India's Top Value Creator 2024 in the transport and logistics category, Blue Dart reaffirms its commitment to operational excellence and its position as the nation’s leading trade enabler.

MediBuddy Wellness League: Celebrating Corporate India's Commitment To Employee Health And Well-Being


MediBuddy, India's leading digital healthcare company, today hosted its first-ever physical awards ceremony for the MediBuddy Wellness League (MWL) 2024. Building on the success of its previous edition, the second edition of  MWL continued to drive significant corporate employee engagement, with rewards worth INR 1.5 crore distributed to recognize excellence in employee health and wellness  initiatives.

The event celebrated the top performers from both corporate and individual categories who actively championed wellness initiatives throughout the league. This year's MWL achieved record-breaking participation, reinforcing its position as a game-changer in the corporate wellness space.

MediBuddy's commitment to fostering health and wellness across Corporate India took shape through the MediBuddy Wellness League (MWL) 2024, a pioneering initiative to empower employees to prioritise their wellbeing. Through an engaging gamified framework, the 2.5 months league transformed the wellness journey of corporate employees into an exciting competition, where participants earned points by completing activities across physical fitness, nutrition, mental health, and sleep. This innovative approach not only drove remarkable engagement but also fulfilled MediBuddy's mission of giving back to Corporate India by helping employees develop lasting healthy habits that enhance their overall quality of life.

MWL 2024 by the Numbers:

*        Engaged 500+  leading corporates across India

*        Attracted over 1.4L+  total registrations and engagements in wellness activities

*        A gamified system featuring real-time leaderboards and milestone-based rewards

Top 10 Corporate Champions 2024:

*        Tata Consultancy Services

*        Cisco Systems

*        Wells Fargo

*        Tata Steel

*        JP Morgan

*        State Bank of India

*        Accenture

*        Cognizant Technology Solutions

*        Walmart

*        State Street Corporation

Mr. Saibal Biswas, Senior Vice President, Head of Marketing, Partnerships, and PR at MediBuddy, emphasised the significance of this milestone event:. “MWL’s first-ever physical awards ceremony marks a pivotal moment in our journey to transform corporate wellness. Bringing together leading organisations and individuals under one roof allows us to go beyond recognising their achievements; we are reinforcing the importance of prioritising employee health at scale. The enthusiastic participation we've seen demonstrates that our gamified approach to create healthy habits is successfully creating lasting behavioural change across corporate India. At MediBuddy, our vision is to make high-quality healthcare accessible to a billion people, and this event is a step forward in realising that mission by inspiring corporate India to prioritise holistic well-being.”

The ceremony recognised both corporate achievers and individual champions who exemplified extraordinary commitment to health and wellness.

Through initiatives such as the MediBuddy Wellness League, MediBuddy remains committed to revolutionising corporate wellness in India. As MWL continues to grow, it promises to inspire even more organisations and employees to prioritise health, fostering a healthier and more productive workforce across the nation. The program continues to serve as a powerful engagement lever for HR leaders, helping them drive meaningful participation in health and wellness activities while improving overall productivity.

PolyCycl Launches ‘Generation VI’ Chemical Recycling Technology To Address India’s Plastic Pollution Crisis


·         Patented ContiFlow Cracker™ technology enables the conversion of single-use and other hard-to-recycle waste plastics into new, food-grade quality polymers and other low-carbon materials.

·         Developed 100% in India over 10+ years of R&D, the technology provides the critical 'missing link' towards building a true plastic-to-plastic circular economy and enhancing rates of plastic recycling both in India and globally.

·         Highly cost-effective, modular and continuous design (15-100 TPD per line) ensures project EBITDAs exceeding 50%.

·         Technology supports India’s ambitious EPR targets, including the generation of virgin-quality recycled content for food-contact packaging applications.

PolyCycl, a circular economy technology startup based in Chandigarh, India, today announced the launch of its patented Contiflow Cracker™ Generation VI chemical recycling pyrolysis technology. This fully indigenous innovation addresses India’s escalating plastic waste problem by enabling the conversion of hard-to-recycle plastics —such as single-use grocery bags and food-contaminated packaging— into food-grade polymers, renewable chemicals and sustainable fuels.

The launch is the result of over a decade of focused R&D, involving 150+ man-years of effort. The Generation VI technology is protected by multiple international patents and facilitates the creation of a plastic-to-plastic circular economy, where commonly used plastics (e.g. polyolefin packaging) no longer need to be down-cycled, incinerated or landfilled at the end of their life. Instead, they can be continuously recycled in a closed-loop, without any loss of quality.

PolyCycl’s Generation VI technology combines Contiflow Cracker™ - the company’s fully-continuous thermo-chemical pyrolysis process with its proprietary PyOilClean™ refining technology. This combination transforms low-grade plastics into liquified hydrocarbon oils, which are then purified to remove contaminants like halogens and hetero-atoms. The resulting chemical feedstocks are versatile raw materials used by the petrochemical and hydrocarbon industries to produce a wide range of premium low-carbon materials, including circular polymers. The technology, in essence, turns such low-grade waste plastics into a resource for manufacturing new materials.

“India generates over 10.2 million tonnes of plastic waste annually, with more than 40% of this being single-use plastics like grocery bags and flexible packaging. Traditional recycling methods struggle to handle this waste, which often ends up clogging drains, littering streets, or polluting waterways” says Amit Tandon, Founder and CEO of PolyCycl. “PolyCycl’s technology offers a novel solution for recycling such plastics by thermally breaking them down to their molecular building blocks (oligomers), which can then be re-constituted to create new virgin-quality materials. Our technology, honed over a decade of R&D, delivers high conversion yields of 65-75% and generates chemical feedstocks that have been qualified for the circular economy by multiple petrochemical companies globally.”

The technology’s patented fully-continuous process architecture provides ease-of-scale and development of modular lines each capable of processing between 15 and 100 tons per day (TPD) of plastics. Importantly, the patented design offers significant cost efficiencies, with capital costs up to one-half to one-fourth of competitive technologies in Europe and the US, while delivering project EBITDA exceeding 50%.

India’s Extended Producer Responsibility (EPR) rules mandate 10% recycled content in flexible packaging and 30% in rigid plastic packaging by 2025–26. PolyCycl’s technology supports these targets, enabling production of recycled virgin polymers that meet stringent requirements for contact-sensitive applications, including for food and pharmaceutical packaging.

With three out of four FMCG products in India packaged in flexible formats, single-use plastics pose a key challenge in the nation’s journey toward building a sustainable economy for plastics. “The plastic waste problem is complex and requires multiple solutions,” says Mr. Tandon. “From better design for recyclability to stronger EPR mechanisms and innovative recycling technologies, each step plays a role. Chemical recycling is one piece of the puzzle, and we hope our work helps advance the adoption of circular economy practices across industries.”

About PolyCycl

PolyCycl is a circular economy technology company tackling one of the most critical environmental challenges of our times - plastic waste. Its advanced chemical recycling technology enables a true plastic-to-plastic circular economy, converting hard-to-recycle plastics, such as single-use polythene bags and packaging films, into circular feedstocks for manufacturing of new food-grade quality plastics, sustainable fuels and renewable chemicals. The company’s fully-continuous conversion technology enables scalability and economic efficiencies, with a capital cost that is 1/2 to 1/4th of global counterparts, while simultaneously facilitating low operational costs and project EBITDA exceeding 50%.

Developed over a decade of R&D spanning 150,000+ man-hours, the technology is protected by multiple international patents.  In addition to the planetary benefits of combating plastic pollution, the technology holds the potential to reduce the usage of fossil resources in manufacturing of new plastics by up to 75-90%, while also reducing associated greenhouse gas emissions by 40%.

For more information, visit www.polycycl.com

TURINGER 2025: A Technological Extravaganza Of Innovation, Insight, And Impact


Manipal Institute of Technology Bengaluru, a constituent unit of Manipal Academy of Higher Education, hosted Turinger 2025, a grand three-day celebration of technology, innovation, and discovery. Organized by the MITB ACM Student Chapter, the event took place from January 17 to 19, 2025, and brought together a diverse group of students, researchers, industry leaders, and academicians. This unique platform celebrated cutting-edge technological advancements and fostered intellectual exchange among participants.

Turinger 2025 was much more than a technical event; it embodied the spirit of collaboration and innovation. With a meticulously curated lineup of talks, workshops, and competitions, the event drew participation from over 20 institutions across the country. It featured distinguished speakers such as Dr. Meena Mahajan from the Institute of Mathematical Sciences, Chennai, and Dr. Yogesh Simmhan, an ACM Distinguished Member and Associate Professor at IISc Bengaluru. The inaugural session set the tone for the event with Chief Guest Mr. Rakesh Tergundi, CEO and Co-Founder of Jini Commerce, Bengaluru, and Guest of Honor Dr. Meena Mahajan. Dr. Mahajan captivated the audience with her keynote on “The Fascinating World of Computational Complexity,” inspiring participants to delve deeper into the world of computational sciences.

The event showcased the dynamic involvement of MITB ACM’s various student chapters. The ACM-W Student Chapter conducted an engaging quiz competition and hosted technical discussions focusing on diversity in technology. They also organized an Eminent Speaker Talk by Dr. Mahajan. Meanwhile, the ACM SIG-AI Student Chapter facilitated a thought-provoking panel discussion on “Bias in AI: Can We Build Truly Unbiased Systems?” featuring notable industry experts - Mr. Sridhar Tonse Pai and Mr. Deepak Chawla . The ACM SIG-SOFT Student Chapter added further value by hosting an App Development Workshop led by Hasnen Tai, an Enterprise Customer Engineer from FlutterFlow, and an exciting Debug Marathon that tested participants’ problem-solving skills.

One of the major highlights of Turinger 2025 was the Research Poster Presentation, held on the final day. This competition served as a platform for budding innovators to showcase groundbreaking research addressing critical challenges in fields such as cybersecurity, environmental engineering, and advanced technology solutions. The vibrant participation underscored the depth and diversity of ideas being explored by young researchers across the country.

The first-place winners, a team from Manipal Institute of Technology Bengaluru comprising Nishanth Shet, PCS Harikrishna, and Daksh Mutneja, impressed judges with their project titled “SPIRE: Self-Optimizing Proactive Intelligence and Response Engine for Advanced Cyber Threat Detection and Mitigation.” The second-place team, Olumide Joseph Ilelaboye, Mitha H S, and Somnath Gorai from Jain University, presented an insightful project on the “Application of Data Science in Cybersecurity.” The third-place award went to Adisha Sarika Gowda, Akshay S P, Chandana N R, and Krishna S Bharadwaj from The National Institute of Engineering, Mysuru, for their innovative work on “Solid-State Thermoelectric Coolers.”

Special recognition was also awarded to projects demonstrating inclusivity and innovation. Dr. Shobha K and Dr. Rajashekhara from Siddaganga Institute of Technology received the Best Poster for Women in Engineering award for their project on “Noise Removal, Feature Extraction, and Classification of Environmental Sounds.” The Best Innovative Poster award was presented to Sai Jayanth Kothamadduri from Manipal Institute of Technology Bengaluru for his groundbreaking research on “Cybersecurity Challenges in Modern Vehicles.”

Adding to the excitement, Turinger 2025 also hosted Tessellate MAHE Bengaluru, a collaborative event organized alongside the SMI ACM SIGCHI Chapter. Tessellate provided participants with opportunities to engage in problem-solving and collaborative challenges, further enriching the experience.

The valedictory ceremony marked the grand finale of Turinger 2025. The event concluded with an insightful keynote by Dr. Yogesh Simmhan, followed by a motivating address from Guest of Honor Mr. Pavithran Ayyala, Head of Digital IT at Utthunga, Bengaluru. The ceremony was presided over by Dr. Arindam Das, Director of SMI Bengaluru, who was joined by Faculty Sponsors Dr. Gururaj H L, Dr. Shreyas J from the MITB ACM Student Chapter, and Mr. Vivek Garady, Faculty Sponsor of the SMI ACM SIGCHI Chapter.

With the support of the ACM India Council and the collective efforts of various ACM Student Chapters, Turinger 2025 proved to be an inspiring and transformative event. It provided an unparalleled platform for young minds to explore their potential, exchange ideas, and celebrate the boundless opportunities in technology and innovation.

About Manipal Academy of Higher Education:

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams; through its constituent units at campuses in Manipal, Mangalore, Bangalore, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and an enriching campus life, as well as for national & multi-national corporates looking for top talent.

Angel One Alerts Investors About Fraudulent Social Media Groups And Unauthorized Investment Schemes


Angel One Ltd, a leading player in the fintech sector, warns investors about the increasing prevalence of fraudulent social media groups misusing Angel One’s name and impersonating its senior executives. The company has observed multiple unauthorized groups being created across social messaging platforms, falsely claiming association with Angel One.

Angel One has identified that these fraudulent groups are engaging in illegal activities, including providing securities-related advice or recommendations without necessary SEBI registration/permission, as well as making unauthorized claims about returns and performance related to securities without SEBI approval. WhatsApp and Telegram groups are unlawfully and deceptively misusing the brand name and logo of Angel One Limited, as well as the names and images of senior officials, misleading the general public into believing they are associated with Angel One Limited.

“We want to emphasize that providing unauthorized investment advice or guaranteeing returns in the securities market is strictly prohibited and urge investors to exercise due diligence and verify the authenticity of any communication claiming to be from our organization. Legitimate investment decisions should always be based on thorough research and information from authorized sources. Angel One Limited has no connection, direct or indirect, with any fake applications, web links, or private WhatsApp/Telegram groups and will not be liable for any financial loss or consequences resulting from dealings with fraudulent applications or web links." stated by Angelone.

Angel One clarified that it does not add customers to unofficial social media groups, request sensitive personal information through messaging platforms, solicit funds through unauthorized channels, or make promises of guaranteed returns. All legitimate transactions should only be conducted through official platforms of Angel One, and applications should only be downloaded from official sources and authorized app stores. Angel One remains committed to protecting investors' interests and promoting safe trading practices. The company encourages all investors to stay vigilant and take necessary precautions to protect their financial security.

The public is strongly advised to refrain from engaging with such entities and report any suspicious activities to law enforcement agencies immediately. If you encounter any potential scams, these can be reported through the Cybercrime portal at cybercrime.gov.in by calling the dedicated helpline at 1930, or by visiting your nearest police station.

About Angel One Limited:

Angel One Limited, (NSE: ANGELONE, BSE: 543235) is the largest listed retail stock broking house in India, in terms of active clients on NSE. Angel One is a technology-led financial services company, providing broking and advisory services, margin funding and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms to clients acquired directly and through assisted business.

Angel One Limited extensively uses Artificial Intelligence, Machine Learning and Data Science to create a superior digital experience. The company has built a host of digital properties like Angel One Mobile App, ‘ARQ Prime’ a rule-based recommendation engine, ‘SmartAPI’ a free-to-integrate API platform, ‘Smart Money’ an investor education platform for over 29 million clients.

Wednesday, January 29, 2025

Airtel Payments Bank Partners With Karnataka Bulldozers For Celebrity Cricket League 2025


Airtel Payments Bank announced its official partnership with the Karnataka Bulldozers for the highly anticipated Celebrity Cricket League (CCL) 2025. As part of this collaboration, Airtel Payments Bank will be co-sponsoring the team in its quest for victory while promoting safe digital banking solutions to fans across the nation.

This partnership underscores Airtel Payments Bank’s focus on delivering simple, safe, and rewarding banking services, while also promoting the passion and energy of the Karnataka Bulldozers, who share the Bank’s commitment to excellence and speed. The team’s dynamic playstyle on the field mirrors the fast, efficient services Airtel Payments Bank provides to millions of customers across India, making this partnership a perfect match.

The Celebrity Cricket League, known for its unique blend of cricket and entertainment, will begin on 8 February 2025. Through this collaboration, Airtel Payments Bank aims to connect with millions of cricket fans nationwide and reinforce its position as a trusted partner in digital banking.

Shilpi Kapoor, Chief Marketing Officer of Airtel Payments Bank, said: "We are delighted to partner with the Karnataka Bulldozers for the Celebrity Cricket League 2025. Cricket and entertainment are unifying passions for millions of Indians, and many of them utilize our secure digital banking solutions. We believe this association will allow us to engage with our customers meaningfully and further strengthen our connection with nationwide audiences."

Speaking about the partnership, Mayukha Devangi, Chief Operating Officer of Karnataka Bulldozers, "We are thrilled to have Airtel Payments Bank as our co-sponsor for this season of the Celebrity Cricket League. Their commitment to empowering Indians with safe digital-first banking solutions resonates with our team’s ethos of safety and entertainment. We look forward to a successful season ahead."

About Airtel Payments Bank:

Airtel Payments Bank offers a diverse range of safe, simple, and rewarding banking solutions through a network of over 5 lakh banking points spread across the country and its digital platforms. The Bank has also built a robust digital payments ecosystem across the country. Airtel Payments Bank is focused on contributing to the Government’s vision of Digital India and Financial Inclusion by taking digital banking services to the doorstep of every Indian.

MAHE Bengaluru Unveils First Of Its Kind Program For The Mental & Emotional Wellbeing For Students


Manipal Academy of Higher Education Bengaluru (MAHE), a leading institution in higher education, is proud to announce the launch of Manam, a pioneering program designed to prioritize and support the mental and emotional wellbeing of its students. The initiative is part of MAHE’s continued commitment to fostering a holistic learning environment. This revolutionary program will be one of its kind in the country which will support workplace readiness for students. The program will enhance student’s emotional intelligence a much-required skill in any field of work.

Manam encompasses several innovative measures, including access to professional counsellors, peer support groups, a user-friendly website with self-support tools, and expert-led sessions on topics such as mindfulness, Program Highlights:

Optional, non-graded program: Students can voluntarily enroll in the program, which carries no grades or academic credits. Upon successful completion, participants will receive a Certificate of Completion, a valuable addition to their resumes.

Eligibility and enrollment: The pilot batch will focus on second- and third-year undergraduate students, as well as postgraduate and Ph.D. students. Interested students can register through the Manam website.

No additional fees: MAHE is offering the program at no extra cost as part of its regular curriculum.

sexual wellness, and movement therapy.

The program covers essential topics such as the body-mind-spirit connection, understanding the conscious and subconscious mind, nervous system regulation, dealing with insecurities (e.g., body image), working with emotions like anger and frustration, and creating personalized wellness plans. These topics are delivered through deeply interactive and experiential sessions, blending cognitive and energy practices to provide students with practical tools for emotional resilience.

The program aims to equip students with higher self-awareness and emotional intelligence (EI), which are increasingly sought after by employers. Many organizations actively assess EI during their recruitment processes, and completing this program will serve as a tangible testament to these skills. By investing in students’ emotional intelligence, MAHE positions itself as a forward-thinking institution that prepares its graduates to excel in today’s workplace.

Prof. (Dr.) Madhu Veeraraghavan, Pro Vice Chancellor, MAHE, Bengaluru, highlighting the pioneering nature of the initiative and its alignment with Global best practices, said, “At Mahe, we wanted to create a safe space where students could openly express themselves and find the support they need. To truly understand their concerns, we conducted surveys and engaged in meaningful conversations with students. This is how Manam was born—a platform designed to offer practical solutions while making the experience engaging and enjoyable.

What makes Manam special is its scale and accessibility. MAHE is the first institute in the country to implement such an initiative at this level, ensuring that every student has access to the program. We recognize that mental well-being is just as important as academic success, and through Manam, we are committed to fostering a culture of support, awareness, and growth and mental wellness .”

Our goal is simple: to equip students with the right tools, create a judgment-free environment, and encourage them to prioritize their well-being. This isn’t just about addressing challenges—it’s about empowering students to navigate life with confidence. At MAHE, we believe that change begins with understanding, and Manam is a step toward building a stronger, more resilient student community".

Maheima Kapur, Core Facilitator. Manam, said, “Manam was created to normalize conversations around mental health, breaking the stigma that often prevents students from seeking help with counsellors. Through extensive student input, we designed a program that fosters self-awareness and empowers individuals to recognize when they need support.

With more than 7,000 students today and even more tomorrow, we know that counseling services alone aren't enough. That’s why Manam lays a foundation for self-learning, helping students navigate their emotions while ensuring expert help is available when needed. From its name to its design, Manam speaks the language of Gen Z—making mental well-being accessible, engaging, and truly relevant to this generation".

Dr. Raghavendra Prabhu, Deputy Registrar, MAHE Bengaluru Campus, focusing on the unique aspects of the program and its relevance to students, commented,” The key objective of Manam is to normalize conversations around mental and emotional well-being on campus and strip away the taboo and stigma associated with openly sharing and reaching out for support during difficult phases. 

Manam is created to normalize conversations around mental and emotional well-being, breaking the stigma around being open about the low phases in life. Through extensive student input, MAHE dragged a program that builds self-awareness and empowers individuals.

The inaugural batch is expected to commence in on Jan 31st, 2025. A dedicated website has been created https://manam.manipal.edu/ for an experiential course on Emotional well-being.

About Manipal Academy of Higher Education:

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams; through its constituent units at campuses in Manipal, Mangalore, Bangalore, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and an enriching campus life, as well as for national & multi-national corporates looking for top talent.

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