Tuesday, July 1, 2025

Celebrating 70 Years with Customers: Yamaha Offers INR 10,000 Price Benefit on RayZR 125 Fi Hybrid


  • Yamaha RayZR 125 Fi Hybrid Range also gets industry leading 10-year ‘Total Warranty’ at no additional cost

Yamaha Motor Co., Ltd. (YMC) today celebrates its 70th Foundation Day — a significant milestone in its journey of delivering innovation, performance, and riding excitement to customers around the world. Since 1955, Yamaha has stayed true to its challenger spirit, bringing together engineering excellence and a passion for mobility that inspires millions.

 

To commemorate this special occasion, India Yamaha Motor is offering a price benefit of ₹7,000 (on the ex-showroom price) on its popular RayZR 125 Fi Hybrid and RayZR 125 Fi Hybrid Street Rally. This limited-time celebratory offer is our way of thanking customers for their continued trust and support over the decades. With this benefit, customers can now save up to ₹10,000 on the final on-road price. The offer also includes Yamaha’s industry-leading 10-Year ‘Total Warranty’, making the RayZR an even more compelling choice in the 125cc segment.

 

This 10-Year ‘Total Warranty’ includes a 2-Year Standard Warranty and an 8-Year Extended Warranty covering critical engine and electrical components, including the Fuel Injection (Fi) system, for up to 1,00,000 km. Fully transferable to subsequent owners, this industry-leading coverage reflects Yamaha’s confidence in its product durability and enhances long-term ownership value.

 

The RayZR 125 Fi Hybrid is designed to meet the needs of today’s urban riders who seek both performance and practicality. Its 125cc Fi Blue Core engine with Hybrid Power Assist offers enhanced acceleration and fuel efficiency—ideal for quick city commutes. The Smart Motor Generator (SMG) ensures smoother, quieter starts, making daily rides more convenient. With E20 fuel compatibility, it’s future-ready, and the 21-litre under-seat storage makes it practical for everyday use. Riders also benefit from features like front Telescopic Suspension for better ride comfort, Side Stand Engine Cut-off Switch for added safety, Automatic Stop-and-Start System for improved mileage in traffic, and a fully digital instrument cluster with Y-Connect Bluetooth connectivity that keeps them informed and connected on the go.

Yamaha remains focused on creating deeper value for riders through exciting products and customer-centric initiatives. With the same spirit that fueled its founding in 1955, Yamaha will continue to take on new challenges—powered by the trust of its customers and its illustrious legacy of 70 years.

Deltin Curates a Winning Experience at the Prestigious Bangalore Turf Club


Deltin, India’s premier luxury gaming and hospitality brand, brought its signature luxury, thrill and excitement to the prestigious Bangalore Turf Club (BTC) on June 28th, as the “Fortune Partner” for the high-stakes Deltin Juvenile Sprinters’ Million (Grade III), a sprint race category for 3-year-old horses (Foaled in 2022).

 

The association reinforced Deltin’s commitment to excellence, performance, and the celebration of elite sporting moments. Deltin’s presence extended well beyond sponsorship. The brand curated premium on-ground experiences at the experiential lounge that offered engaging photo opportunities, memorable guest interactions and winning moments for both Deltin and BTC members. Additionally, strategic branding placements across the venue ensured strong visibility and amplified the brand’s association with elegance and prestige.

 

The event witnessed an impressive turnout of over 4,000 guests, making it a grand celebration of excellence and luxury sports. Deltin’s participation reflects its larger vision of partnering with premium luxury sporting platforms such as horse racing; that align with its brand values. Through such meaningful associations, the brand continues to deepen its commitment to impactful storytelling and sophisticated experiences that go beyond conventional hospitality.

 

Commenting on the association, Mr. Manoj Jain, COO, Delta Corp, said, “Horse racing is a sport steeped in heritage, precision, and prestige - qualities that strongly reflect Deltin’s own brand ethos. Our partnership with the Bangalore Turf Club provided the perfect platform to create a premium experience that resonates with an audience that shares similar demographics and appreciates sophistication, thrill, and exclusivity.”

 

The collaboration further cements Deltin’s position as not just a leader in hospitality, gaming and entertainment, but as a curator of exceptional, unforgettable experiences; on and off the track.

Toyota Kirloskar Motor Sales up 5% in June 2025, first-half 2025 numbers grow by 16%

 


Toyota Kirloskar Motor (TKM) today announced its sales performance as follows:

Month on Month: [June 2025 VS June 2024]

June 2025


June 2024


% Change


28,869 units


27,474 units


5%


  • This includes 26,453 units sold in the domestic market and 2,416 units exported.

H1 2025: [Jan-June 2025 VS Jan-June 2024]

Jan – June 2025


Jan - June 2024


% Change



174,885 units


150,250 units


16%







Spokesperson Quote:

“TKM sales in the month of June 2025 was 5% higher than that of June 2024. We continue to strongly engage with our customers through after sales service support offerings and value-added offerings that are aimed at enriching their ownership experience at every step. As we move through the rest of the year, we will remain agile and focused on what our customers want and continue to serve the market effectively.”

  • Varinder Wadhwa, Vice President, Sales-Service-Used Car Business

Key Product milestone for the month:

June marked the introduction of the Fortuner and Legender in their new 'Neo Drive' avatars, featuring an advanced 48‑Volt system that offers improved fuel efficiency, enhanced driving performance, and elevated comfort. The encouraging response to the new addition to our portfolio reaffirms our commitment to offering advanced mobility solutions that meet the evolving expectations of Indian consumers.

Key Corporate milestone for the month:

TKM exchanged a Memorandum of Understanding (MoU) with Ohmium International, a leading PEM [Proton Exchange Membrane] hydrogen technology provider. Under this both the companies will assess the feasibility of integrated, Green Hydrogen- driven power solutions such as the microgrid, which can be applied across diverse use cases like datacentres, far-away locations sensitive to environmental restrictions etc.

For more information - https://www.toyotabharat.com/news/2025/tkm-exchanges-memorandum-of-understanding-with-ohmium-to-advance-scalable-hydrogen-based-energy-solutions-in-india.html

EKA Mobility Appoints Sanjay Kumar Bohra as Chief Commercial Office


EKA Mobility, a leading electric vehicle and technology company backed by global partners and committed to sustainable mobility solutions, is pleased to
announce the appointment of Sanjay Kumar Bohra as Chief Commercial  Officer (CCO). In his new role, Mr. Bohra will lead the Financial & Commercial strategy for EKA Mobility and the group, driving growth, efficiency, and value creation across the organization.

With an illustrious career spanning over 37 years in Finance, Banking, and Business Process Services (BPS), Mr. Bohra brings a wealth of experience in financial strategy, operational transformation, and global leadership. His appointment comes at a pivotal time for EKA Mobility as the company accelerates its growth trajectory, strengthens its international footprint, and expands India’s most comprehensive electric commercial vehicle portfolio.

Speaking on the appointment, Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility & Pinnacle Industries, said, "We are glad to welcome Sanjay to the EKA family. His deep understanding of finance, coupled with a strong track record in business transformation and strategic leadership, will be instrumental in propelling EKA’s next phase of growth. He will play a key leadership role not just at EKA Mobility, but across our group, as we scale our operations and expand our global footprint."

Before joining EKA Mobility, Mr. Bohra served as Group CFO at a leading Indian automotive OEM, where he led the group’s finance function across domestic and international operations. Prior to this, he has held senior leadership positions at Citigroup managing global banking operations, specializing in cross-border fund transfer, deal structuring, trade finance, compliance, and stakeholder engagement across multiple geographies. As Business Head, he also successfully led the Commercial Banking Operations (BPO)  domain in Tata Consultancy Services. An Associate of the Institute of Chartered Accountants of India (ACA) and a Commerce graduate, Mr. Bohra began his career at the Aditya Birla Group’s Central Finance Cell, before moving on to roles of increasing responsibility and impact.

Commenting on his new role, Mr. Sanjay Kumar Bohra said, "I am excited to join EKA Mobility at such a transformative time for the automotive and clean mobility industry. EKA’s bold vision, innovation-led approach, and strong commitment to sustainability are aligned with my professional ethos, and I look forward to contributing to the EKA and the group’s continued success and global expansion."

This appointment reinforces EKA Mobility’s strategic focus on building a future-ready organization with strong financial stewardship and robust governance as it continues to revolutionize electric mobility in India and beyond.

Recognize Partners Fund II Closes at $1.7 Billion


  • Fund II advances Recognize’s strategy of accelerating the growth of next-generation Digital Services companies seeking to deliver transformative solutions

  • Strong participation from existing LPs and significant demand from new blue-chip investors

  • Oversubscribed fund reached its hard cap in under five months 

Recognize, a proven investor in and builder of next-generation Digital Services companies, today announced the final close of its second fund, Recognize Partners II/II-A, L.P. (“Recognize II”), with over $1.7 billion in total commitments. Co-founded by Managing Partners Francisco D’Souza, Charles Phillips, and David Wasserman, Recognize has quickly established itself as a notable investor-operator and trusted partner to digital services innovators.

 

Recognize seeks to back visionary founders and management teams who are building differentiated businesses that leverage AI, software, and digital platforms to deliver transformative outcomes to enterprises. With Recognize II, the firm continues to focus on investing in companies with enterprise values between approximately $50 million and $500 million – businesses that Recognize believes offer strong potential for accelerated growth with the support of Recognize’s partnership-driven value creation approach.

 

Recognize II was oversubscribed and closed less than five months from launch, with strong support from existing investors, including a significant GP commitment, and a curated group of new investors. The LP base includes leading global institutions such as endowments, foundations, pensions, insurers, family offices, outsourced CIOs and fund-of-funds across the U.S., Europe, Asia, and Latin America.

 

Over the last six months, Recognize has made four new platform investments: SDG Corporation (cybersecurity services), Sprout (Digital Infrastructure Services), TRANZACT (insurance services), and HealthEdge (SaaS for healthcare payers).

 

The firm also completed two realization events earlier this year: the exit of AST, sold to IBM (NYSE:IBM), and a partial exit of 2X through a strategic investment by Insight Partners. In 2024, Recognize also sold Torc, an AI-powered talent platform, to a subsidiary of Randstad (AMS:RAND). These realizations, in Recognize’s view, further reinforce the firm’s thesis that next-generation Digital Services firms are increasingly attractive to strategic buyers.

 

“We are incredibly grateful for the continued support of our partners,” said Debbie Park Munfa, Partner and Head of Investor Relations at Recognize. “We remain focused on building Digital Services businesses for the future and partnering with excellent management teams to deliver long-term value for our investors.”

 

Recognize was advised on the fundraise by Rede Partners Americas LLC, with Goodwin Procter LLP serving as legal and tax counsel.

 

About Recognize 

Recognize is a distinguished investor and business builder focused on next-generation Digital Services companies. Headquartered in New York, the firm seeks to back visionary founders, entrepreneurs, and management teams who are building innovative businesses that leverage AI, software, and digital platforms to deliver transformative outcomes to enterprises. Recognize provides deep operational expertise, industry relationships, and strategic capital to drive accelerated growth of these specialized businesses. To learn more, visit www.recognize.com


"Innovation is the Key to a Self-Reliant India," says Karnataka Governor at National Innovation Movement Launch

"In today's fiercely competitive global environment, innovation is the only path that can lead India towards self-reliance and global leadership," said Shri Thaawarchand Gehlot, Hon'ble Governor of Karnataka. He was addressing the gathering at "Innovasthan – A Vichar to Vikas Yatra", a national campaign focused on fostering innovation, intellectual property (IP), and enterprise-led growth. The event was jointly organized by the Council for Industrial Innovation & Research and Jain (Deemed-to-be) University in Bengaluru.


Highlighting India's rich heritage of innovation, the Governor stated, "India has always been a land of ideas. From the ancient universities of Takshashila and Nalanda to medical pioneers like Charaka and Sushruta, and mathematical legends like Aryabhata – innovation lies at the heart of our civilization. Today, it's not just about thinking; it's about transforming ideas into impactful reality."


He noted India's remarkable rise in the Global Innovation Index, moving from 81st position in 2015 to 40th in 2023, and emphasized that innovation in India must expand beyond laboratories to influence policy, education, industry, and society at large.


"To become a global innovation leader, India must bring together its higher education institutions, startups, MSMEs, corporate sector, and policy bodies onto a common platform," he said. "Coordination and collective commitment must make innovation a national mission."


The Governor also stressed the growing potential in India's startup ecosystem. "With over one lakh startups and 110 unicorns, India is now the third-largest startup ecosystem in the world. However, only a fraction of these are protected by intellectual property rights. This gap must be bridged through greater awareness and institutional support for IP protection," he said.


Referencing the Patent Annual Report 2022–23, he lauded Karnataka for filing over 6,500 patent applications but urged stakeholders to further accelerate these efforts, especially within higher education, MSMEs, and startups.


"Innovation is being encouraged at every level—schools, colleges, universities, industries. The government is also supporting this with the National Intellectual Property Policy. Our universities must be encouraged to establish IP centres and adopt frameworks to manage and commercialize intellectual property," he said.


Calling for a mindset of "Innovate – Protect – Scale," the Governor highlighted the significance of national initiatives like Startup India, Atmanirbhar Bharat, Innovation Mission, and Make in India in nurturing innovation ecosystems. "An idea, a tool, a device, or an app that improves lives is more than just technology—it is development in action," he added.


Praising Bengaluru as a hub of technology, education, and cultural vibrancy, he commended Jain (Deemed-to-be) University for its contribution to the city's emergence as a premier education centre.


The Governor also described "Innovasthan" as a movement aligned with the vision of Hon'ble Prime Minister Shri Narendra Modi to build a self-reliant and innovation-driven India. "This national journey of thought and development—Vichar to Vikas Yatra—aims to institutionalize innovation across higher education, industry, and startups. It envisions a nation where every citizen can be an innovator, and every idea can create impact," he concluded.


The event witnessed the presence of several prominent dignitaries including Dr. Chenraj Raichand Jain, Chancellor, Jain Deemed-to-be University; Dr. Shweta Singh, Chairperson, Council for Industrial Innovation and Research; Prof. Ashutosh Sharma, President, Indian National Science Academy; and Prof. T.G. Sitaram, Chairman, All India Council for Technical Education (AICTE), among others.

Marriott International Inks Deal with Vardhman Amrante to Debut Westin Hotels & Resorts in Ludhiana


  • Anticipated to open in 2030, The Westin Ludhiana will introduce endless opportunities for guests to relax and recharge

 

Marriott International, Inc. today announced the signing of an agreement with Vardhman Amrante (An Oswal Group Venture) to bring Westin Hotels & Resorts to Ludhiana. Scheduled to open in the last quarter of 2030.  The Westin Ludhiana is expected to feature 200 keys and will be part of a dynamic mixed-use development that includes retail spaces, a multiplex, and a gaming zone. The bustling city of Ludhiana, renowned as a vibrant hub of commerce and culture, offers the ideal backdrop for the debut of the Westin brand — one that places a strong emphasis on well-being and is thoughtfully designed to inspire guests, promote rejuvenation, and support wellness routines while on the move.

 

On the signing occasion, Ranju Alex, Regional Vice President – South Asia, Marriott International commented- “Through this strategic collaboration with Vardhman Amrante we aim to redefine excellence in guest service while unlocking growth opportunities in Ludhiana. With its signature programming, The Westin Ludhiana will bring to life the brand’s promise of empowering guests to be the best version of themselves, maintaining their well-being even as they travel. As the city’s inaugural Westin Hotel, this milestone underscores our unwavering commitment to catering to the evolving needs of travelers while strengthening our presence in India's high-growth markets.”

 

On the signing occasion, Adish Oswal, Chairman, Oswal Group, said, “We are excited to bring the globally acclaimed Westin brand to Ludhiana in collaboration with Marriott International. This partnership is a significant milestone in our vision to elevate the city's hospitality landscape with a wellness-driven luxury experience. We are committed to creating landmark destinations, and the Westin hotel will serve as its crown jewel, catering to discerning business and leisure travellers. With Ludhiana rapidly emerging as a regional powerhouse, we believe this development will not only complement the city's growth but also set new standards in hospitality and lifestyle offerings for North India.”

 

Ludhiana stands as one of Punjab’s most influential centres for industry, trade, agriculture, and logistics. Its strategic location enables seamless connectivity to key cities like Patiala, Bathinda, Delhi, Jalandhar, Moga and Amritsar, reinforcing its importance as a regional powerhouse. Conveniently located, the hotel will sit at a 20-minute drive from Ludhiana Railway Station, a 1.5-hour drive from Shaheed Bhagat Singh International Airport, and a short 10–15-minute drive to the bustling city center. The upcoming airport at Halwara will be at a convenient 15- 20-minute drive from the hotel.

 

The Westin Ludhiana will feature multiple dining options including a Lobby Bar, a WestinWORKOUT® Fitness studio, the brand’s signature Heavenly Spa by Westin, a swimming pool, as well as an exclusive Executive Club Lounge. Plans also include to feature a large and versatile banqueting space, including an expansive outdoor lawn, perfect for both large-scale and intimate gatherings, as well as social and corporate events. Poised to embody the brand’s leadership in wellness-focused hospitality, the hotel will offer travelers a sanctuary to rejuvenate and thrive through its signature programs and pillars of well-being.

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