Monday, June 9, 2025

Eurogrip Tyres Is “Technical Partner” For Petronas TVS India One Make Championship 2025


* For the seventh consecutive year, Eurogrip Tyres reiterates its position in the two-wheeler racing circuit in India

TVS Srichakra Ltd, India’s leading manufacturer of 2 & 3-wheeler and off-highway tyres, powers PETRONAS TVS India One Make Championship for the seventh year in a row, underlining its excellence to deliver tyres best suited for the racetracks.  Eurogrip Tyres will be used in all the race-tuned machines, showcasing the collaboration between Eurogrip Tyres and TVS Apache series bikes.

The 2025 edition of the PETRONAS TVS India One Make Championship will be held from 6th June to 5th October 2025, in phases and will feature Eurogrip Tyres’ flagship products like Protorq Extreme (zero-degree steel belted radials) and Remora on TVS Apache RR 310 and TVS Apache RTR 200 motorcycles.

Sharing his thoughts, Mr. T K Ravi, COO, TVS Srichakra Ltd said, “Eurogrip Tyres are certainly the racers’ favourite. As a bike tyre specialist, we look forward to seeing our products excel on the track and are keen to receiving feedback from the racers. Seven years in row as technical partner is certainly a matter of pride for us and the partnership with PETRONAS TVS India One Make Championship is getting stronger year-on-year, standing testimony to our technological acumen.”

 On the continued partnership, Mr. V Sivaramakrishnan, Dy COO and Chief Technology Officer, TVS Srichakra Ltd, said, “Eurogrip Tyres is glad to be a part of the PETRONAS TVS India One Make Championship that’s been a great platform for racing enthusiasts. It is a matter of great pride for us to see the performance of our tyres on motorcycles that are tuned specifically for racing. Racers opting for our high-speed tyres year-on-year echoes the trust they have on the brand. Our R & D teams keep curating the product performance parameters to enhance the riding experience on the track.”

Talking about the partnership, Mr. Vimal Sumbly, Head - Premium Business, TVS Motor Company said, “At TVS Racing, we are committed to engineering excellence and pushing the boundaries of track performance. Our long-standing collaboration with Eurogrip Tyres is built on mutual innovation, precision, and an unwavering passion for racing. This year holds even greater significance as we celebrate two decades of our flagship performance brand – the TVS Apache – a true embodiment of our ‘Track to Road’ philosophy. The PETRONAS TVS India One Make Championship continues to serve as a powerful testbed for both performance and innovation. The synergy between our race-tuned machines and tyres specially engineered by Eurogrip for competitive racing has not only enhanced rider performance but also instilled greater confidence on the track. As we charge into the new season, we aim not just to race, but to raise the bar for motorsports in India once again.”

Quest Global Partners With En Ooru Charitable Society To Support Community Rehabilitation In Wayanad


* CSR initiative to construct three Anganwadis, benefiting 500 families annually in Meppadi panchayat

Quest Global announced the launch of its new CSR community impact program, that aims to support rehabilitation for those impacted by the devastating landslides in Wayanad, Kerala, last year. In alignment with the company’s long-standing commitment to contributing to communities, Quest Global is set to support the construction and operations of three Anganwadis in the Meppadi panchayat region which comes under the Women and Child Development Department, Wayanad. The company is partnering with En Ooru charitable society, a local NGO with expertise in community development, to implement the project on the ground.

The ‘BALA’ Project (Building as Learning Aid) will entail the setting up of Puthumala Anganwadi, Attamala Anganwadi, and Mundupara Anganwadi which are planned to provide a protected and comprehensive venue for preschool education, awareness programs for mothers and families on maternal and child health, breastfeeding, hygiene, and nutrition to promote healthy practices. The project, which commenced in May 2025, will span a total duration of one year of construction and three years of operational phase. The BALA project was designed after careful consultation with the local community and a thorough needs assessment to ensure it addresses the most pressing needs of families affected by the landslides.

Sanju Gopal, Associate Vice President and Centre Head, Thiruvananthapuram, Quest Global said, “The landslides in Wayand last year had a crippling impact on the livelihood of thousands. At Quest Global, we believe that building a brighter, more sustainable future begins with empowering local communities and supporting them during times of crises to create a lasting impact in their lives. We are honoured to be part of this initiative, working alongside our employees to drive meaningful change.”

Meghashree, D R, IAS, District Collector and District Magistrate of Wayanad, stated, “We are thankful to Quest Global for supporting our community-defined infrastructure through the BALA project. These Anganwadis will be important centers of early education, nutrition and health services to ensure vulnerable families in Meppadi panchayat have ways to recover, rebuild and flourish in the years to come.”

The project will be implemented in two phases with Phase 1 consisting of the construction of three Anaganwadis.  Phase 2 will be the Operational Phase. On the completion of construction, the facilities will commence operations for the local community. The project is expected to provide benefits to approximately 500 families on an annual basis, which will include about 120 children and 60 women. 

We also wish to extend our immense gratitude to our employees who volunteered  to come forward and support this campaign by contributing towards the rehabilitation efforts. Their selflessness and dedication exemplifies Quest Global’s value of ‘Care for People’ and further reinforces our shared belief that real change occurs when individuals and organizations come together to serve their communities that are in need.

About Quest Global

At Quest Global, it's not just what we do but how and why we do it that makes us different. We're in the business of engineering, but what we are really creating is a brighter future. For over 25 years, we've been solving the world's most complex engineering problems. Operating in over 20 countries, with over 85 global delivery centers, our 21,000+ curious minds embrace the power of doing things differently to make the impossible possible. Using a multi-dimensional approach, combining technology, industry expertise, and diverse talents, we tackle critical challenges faster and more effectively. And we do it across the Aerospace & Defense, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor industries. For world-class end-to-end engineering solutions, we are your trusted partner.

PANORAMA 2025: MAHE Manipal Welcomes Online Learners For A Transformative On-Campus Experience


Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, organized PANORAMA 2025, an exclusive in-person immersion event for its online degree and certificate learners. PANORAMA 2025 was held on May 31, 2025, at the Manipal campus, bringing nearly 200 learners from across the country together in an engaging, full-day event. Learners were registered in a variety of courses, including MBA, MCA, MSc in Data Science, MSc in Business Analytics, PGCP in Logistics & Supply Chain, and PGCP in Business Analytics.

The event provided learners with a once-in-a-lifetime opportunity to meet face-to-face with their faculty and fellow learners. It enabled the learners to connect with the MAHE community and to develop significant professional and academic relationships.  The day was organized with a thoughtfully curated mix of academic interactions, cultural performances, as well as opportunities to explore and experience the campus.

PANORAMA 2025 was graced by the Chief Guest, Lt. Gen. (Dr.) M. D. Venkatesh, VSM (Retd.)  Vice Chancellor, MAHE, Manipal; Guest of Honour, Dr. Rohini Srivathsa, Chief Technology Officer, Microsoft India & South Asia; Dr. Giridhar Kini, Registrar, MAHE; Dr. Manojkumar Nagasampige, Director, Directorate of Online Education, MAHE; and Mr. Ambrish Sinha, CEO, UNext Learning Pvt. Ltd.

Addressing the gathering, Lt. Gen. (Dr.) M. D. Venkatesh, VSM (Retd.), Vice Chancellor, MAHE, said, “We are really honoured to welcome you all. You are a part of 10,000+ online learners and 50,000+ on-campus learners in Manipal Academy of Higher Education (MAHE) overseas and within the country. We appreciate the choice of selecting MAHE for your upskilling, reskilling, and advancement of your academic qualification."

Dr. Manojkumar Nagasampige, Director, Directorate of Online Education, MAHE, welcomed the learners, stating, "Panorama 2025 is meant to be an enriching experience through thought-provoking discussions, engagement, cultural acts, and more meaningful interaction with fellow human beings. We hope that when you leave here today, you will not only take away knowledge and memories, but a renewed sense of belonging to the MAHE community."

Dr. Rohini Srivathsa, Chief Technology Officer, Microsoft India & South Asia, reflecting on the future of learning, remarked, “Today is just the beginning of a lifelong journey in many ways. The online medium opens the ‘Panorama’ in a limitless way. What today’s technologies and the online world provide is without limits. The access to information, knowledge, and insights is forever. The only limitation is your curiosity.”

Dr. Giridhar Kini, Registrar, MAHE, advised the online learners, “Do not focus on missing out on the campus life; instead, focus on what you get to gain and make the best out of whatever is available to you. As you progress, don't forget to network and connect with people as you move along career paths and when you graduate, effort and time permitting, help those who need your help. Be the light."

Mr. Ambrish Sinha, CEO, UNext Learning Pvt. Ltd, emphasized the future of education in the age of AI, stating, “UNext Learning is incredibly excited to be a part of your online journey. With the world changing so fast and the emergence of AI, education is going to be one of the biggest beneficiaries, particularly online learning! AI tutors and personalization of learning are the future. We, at MAHE and UNext Learning, aspire to make this future possible for you."

A highlight of the event was the MAHE Online Alumni Portal launch, unveiled by Dr. Rohini Srivathsa, which will create opportunities for ongoing professional connection and community-building for MAHE's online learners long after they have graduated.

The event also featured a panel discussion on “AI in Education: Reimagining Teaching, Learning, and Leadership,” moderated by Dr. Manojkumar Nagasampige. The esteemed panel included Lt. Gen. (VSM) (Dr.) M. D. Venkatesh, Dr. Rohini Srivathsa, Dr. Ganesh Paramasivam (KMC), Prof. Sudarsan N S Acharya (Manipal School of Information Sciences), and Mr. Ambrish Sinha.

Learners actively engaged with faculty in post-panel discussions, gaining valuable insights into their academic progress and future prospects. The day concluded with vibrant cultural performances and a guided campus tour, leaving learners with a renewed sense of connection and purpose.

Participants expressed heartfelt appreciation for the opportunity to experience MAHE’s campus life firsthand, build new relationships, and deepen their affiliation with the institution.

About Manipal Academy of Higher Education

The 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, Bengaluru, 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.

To learn more about the online programs offered by Manipal Academy of Higher Education or to enroll, visit www.onlinemanipal.com.

Bangalore Hospitals Organize PIA Marathon 2025 To Promote Employee Health Awareness


The Bangalore Hospitals, Jayanagar and Kengeri, in association with the Peenya Industrial Association (PIA), proudly organized the PIA Marathon 2025 on Saturday, June 7th. This health-focused event featured 3K, 5K, and 10K runs exclusively for members of the Peenya Industrial Association and employees from the manufacturing sector, under the inspiring theme "Peenya Runs Together – Entrepreneurs, Employees, and Energy."

The marathon witnessed an overwhelming participation of 1200+ runners, reflecting the growing commitment of the manufacturing community towards health and fitness. The initiative aimed to raise awareness among industrial employees about heart health, spine wellness, and the importance of work-life balance through active physical engagement.

The event was flagged off by Dr. Abhishek Mannem, Medical Director and Consultant Spine Surgeon at Bangalore Hospitals, and Mr. Shiva Kumar R, President of the Peenya Industrial Association.

Addressing the gathering, Dr. Abhishek Mannem emphasized the critical need for maintaining a balanced lifestyle and spoke about the advanced 640 Slice CT scan, available at Bangalore Hospital, that plays a vital role in early detection and prevention of heart attacks. He also highlighted the significance of spine health, particularly for industrial workers.

Mr. Shiva Kumar R appreciated the joint effort of Bangalore Hospital and PIA in bringing health awareness to Peenya’s workforce. He remarked that the marathon was not just a health initiative but also a much-needed break from the routine, providing a joyful and rejuvenating experience for employees.

At the end of the run, every participant was honoured with medals and certificates as a token of appreciation for taking a positive step toward a healthier life.

The PIA Marathon 2025 was more than just a race—it was a celebration of fitness, unity, and proactive health management for Peenya's industrious community. It's Nothing But Industrial Spirit in motion.

Solomon R Leads The Way In Race 1 Of Round 1 Of 2025 IDEMITSU Honda India Talent Cup CB300F


* Solomon R takes the charge in Race 1 of Round 1 with his remarkable performance followed by Ann Jenifer and Alshin Thomas at the 2nd and 3rd position respectively

Demonstrating exceptional racing passion, the young riders of Honda Racing India delivered a strong performance in Race 1 of the first round of 2025 IDEMITSU Honda India Talent Cup CB300F in Chennai, showcasing their skill and high spirit on the track.

Adding to the thrill of Race 1, the rider Solomon R delivered a fierce performance on the track, setting a benchmark with his speed, control, and racing spirit.

In the 6-lap race, Solomon R made a strong start from 2nd on the grid, swiftly taking the lead in the opening lap. Maintaining a commanding pace, he stayed ahead throughout the race. He secured the first position by crossing the chequered flag first, completing the race in a total time of 12:50.322, while also clocking the fastest lap time of 2:06.934.

The fight for second and third place heated up as Ann Jenifer, Alshin Thomas, Bharath Balan, and Deepak Kumar battled closely, each rider pushing the limits for a spot on the podium.

Showing great control, Ann Jenifer maintained her pace to finish in second position, completing the race with a total time of 13:06.226. Following closely, Alshin Thomas displayed strong focus, securing the third position on the podium with a total time of 13:10.090.

IDEMITSU Honda India Talent Cup

The IDEMITSU Honda India Talent Cup is a prestigious platform designed to develop and nurture the next generation of riders for both national and international championships. It serves as a stepping-stone for young riders aspiring to reach higher levels of racing. The championship features Honda CB300F race-spec motorcycles, providing a competitive platform. The primary objective of the championship is to identify and nurture talented riders, providing them with professional training. By offering a well-defined pathway, the IDEMITSU Honda Indian Talent Cup CB300F paves the way for Indian riders to enter the realm of professional motorcycle racing.

The 2025 season of the IDEMITSU Honda India Talent Cup CB300F comprises five rounds, kicking off with the season opener at the Madras International Circuit, Chennai, on 7–8 June 2025. The Round 2 is scheduled for August in Coimbatore, followed by Round 3 in September, back in Chennai. The remaining rounds, including the final Round 5, will also take place at the Madras International Circuit, Chennai with the season finale set for January 2026.

Saturday, June 7, 2025

The Federation Of Automobile Dealers Associations (FADA) Released Vehicle Retail Data For May'25


* To further deepen our analysis, FADA is pleased to announce that Construction Equipment (CE) will now be reported as a separate category in our monthly auto retail insights, rather than being grouped under Commercial Vehicles (CV). Recognizing CE’s distinct market dynamics and its vital role in infrastructure growth, this change ensures stakeholders receive more precise, actionable data. Over time, FADA has continually enabled deeper insights, and by distinguishing CE, we reaffirm our commitment to providing targeted analysis—empowering OEMs, Dealers, Financiers, Regulators, and Investors to make informed, strategic decisions.

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

May’25 Retails

Reflecting on May 2025 Auto Retail results, FADA President Mr. C S Vigneshwar said: “The month of May registered a modest 5% YoY growth overall. Segment-wise, 2W, 3W, and Trac led the way with gains of 7.3%, 6.2%, and 2.7% respectively, while PV, CE, and CV declined by 3.1%, 6.3%, and 3.7%.

In the 2W category, retail volumes fell 2.02% MoM but still posted a robust 7.31% YoY increase. Dealers attribute this resilience to a higher number of auspicious marriage days, a strong Rabi harvest, and pre-monsoon demand—especially in semi-urban and rural markets. That said, financing constraints in the economy segment capped full upside potential. Looking ahead, stakeholders should continue to monitor liquidity access and model availability to preserve momentum.

Passenger-vehicle retails contracted by 13.6% MoM and 3.1% YoY, while inventory days—which had hovered around 50—have edged up to approximately 52–53 days. Entry-level models were hardest hit as constrained financing and subdued consumer sentiment compounded the slowdown. Heightened war related tensions for border tensions like Jammu & Kashmir, Punjab, Rajasthan, and Gujarat further prompted buyers to delay purchases. Although bookings remained fairly healthy, retail conversions lagged on margin-money challenges and deferred decisions. OEMs must adopt a cautious, ground-reality-aligned approach to production planning and channel incentives so that dealers are not burdened by rising carrying costs or forced into excessive discounting.

Commercial-vehicle retails declined by 11.25% MoM and 3.71% YoY amid muted freight cycles, tight liquidity, and adverse geopolitical sentiment. While bus sales offered some relief, passenger carriers and commodity-linked segments (cement, coal) saw sharp de-growth due to delayed financing and softening TIV. Wholesales, however, accelerated as OEMs and Dealers built inventory ahead of the June 2025 mandatory A/C driver-cabin regulation.”

Near-Term Outlook

India’s economic foundations remain robust as Q4 FY25 GDP sustains near 6.5% growth and consumer price inflation trends toward the RBI’s 4% target. The India Meteorological Department’s revised forecast—monsoon rains at 106% of the long period average—signals renewed rural liquidity and stronger farm incomes, which should bolster semi urban and hinterland demand for two wheelers and tractors. Concurrently, a widely anticipated 25 bp repo rate reduction in early June will continue to ease borrowing costs for both dealerships and end customers, while recent fiscal measures—such as the 3% MSP hike on kharif crops—are poised to amplify agricultural cash flows. However, global supply chain headwinds—from rare earth constraints in EV components to ongoing geopolitical tensions—may keep urban consumer sentiment in check. In our June survey, 55.46% of members expect flat volumes, 31% foresee growth, and 13.54% anticipate de growth, underscoring a cautiously balanced demand outlook for the coming month.

Channel dynamics for June reflect this cautious optimism: monsoon driven rural traction and festival pull through should sustain 2W activity, yet persistent financing constraints and selective OEM price adjustments may temper incremental gains. PV dealers report elevated inventory days and legacy product portfolios, limiting retail conversions despite localized Rath Yatra uplifts. In the CV segment, inventory churn remains elevated as OEMs and Dealers pre empt June ’25 A/C cabin regulations, while freight demand in coal, cement, and mining continues to be muted by liquidity bottlenecks and early rains. To navigate this lean yet resilient month, OEMs and financiers must synchronize production planning with ground reality demand signals, deploy calibrated channel incentives, and secure adequate working capital support. Collectively, these factors point to a cautiously optimistic near term outlook for Auto Retail in June ’25.

Key Findings from our Online Members Survey

Liquidity

Neutral 49.78%

Bad 31.00%

Good 19.21%

Sentiment

Neutral 54.15%

Bad 28.38%

Good 17.47%

Expectation from June’25

Flat 55.46%

Growth 31.00%

De-growth 13.54%.

Capri Loans Launches “Auto Pay For Gold Loans” To Boost Customer Convenience


Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has further strengthened its digital services with the launch of the Auto Pay facility for Gold Loans. This new feature is designed to make gold loan repayments more convenient, secure, and hassle-free for customers.

The Smart Auto Pay feature offers customers a hassle-free and secure repayment experience by automatically debiting the due amount from their registered bank account on the scheduled date. This reduces the risk of missed payments and late penal es. The service is enabled through a standing instruction on or mandate provided at the me of loan disbursal. With Auto Pay, customers benefit from a secure and seamless repayment process, eliminating the need for manual payments or branch visits.

Mr. Ravish Gupta, Business Head – Gold Loans, said, " At Capri Loans, our focus is to empower customers with smart, digital-first solutions that simplify their financial journey. The Auto Pay facility ensures timely repayments without the need to remember due dates. It reflects our continued commitment to enhance customer experience through technology-driven, user-friendly services. These innovations are part of our larger vision to build a robust phygital ecosystem that combines the reliability of human interaction on with the convenience of digital tools.”

Earlier, Capri Loans had introduced an AI-powered WhatsApp Chatbot that allows customers to manage their gold loan accounts anytime, from anywhere. Through this facility customers can make secure payments, view account details, check interest dues, and access important documents—all without visiting a branch.

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