ABB India Invests INR 140 Cr And Launches Rare Earth-Free IE5 Motors For Industrial Applications

• Invests INR 140 Cr For Motors Manufacturing Expansion In Bengaluru And Faridabad

• ABB India commits over INR 140 crore to expand and modernize its Low Voltage (LV) motors manufacturing capacity in India

• India’s first locally manufactured ultra-premium efficiency IE5 motor range based on proven induction technology, without relying on rare-earth metals

• Up to 40% lower energy losses compared to IE3 motors, delivering faster ROI, reduced total cost of ownership, and longer operating life

 

Strengthening its footprint, ABB India is investing over INR 140 crore to expand and modernize its Low Voltage (LV) motors manufacturing facility in Bengaluru and Faridabad. This investment comes alongside the launch of IE5 ultra-premium efficiency motors, further cementing India’s key role as a hub for global innovation and technological excellence.

 

In Karnataka, ABB Motion’s LV motors are powering key industries such as steel, sugar, food & beverage, and textiles — sectors that are integral to the state’s industrial base and exports. Karnataka ranks among India’s top sugar producers, a leading textile exporter, and a growing hub for steel and F&B processing. With ABB’s strong manufacturing footprint in the state, our LV motors deliver reliable, rugged, and energy-efficient performance tailored to local industrial needs. By helping reduce energy consumption, improve uptime, and minimize operational costs, ABB is not only strengthening Karnataka’s industrial competitiveness but also supporting its broader journey toward sustainability and cleaner growth.

 

“Our strategic investment is not just about building capacity — it’s about reinforcing our long-term vision for India as a key global manufacturing hub,” said Stefan Floeck, President – IEC Low Voltage Motors, ABB. “With rising demand for energy-efficient motors, we’re engineering solutions that help customers outrun leaner and cleaner.”

 

The launch of ABB’s IE5 ultra-premium efficiency motors marks a significant milestone in its commitment to industrial energy efficiency and sustainability. With power ratings from 45 kW to 1000 kW, this is India’s first IE5 motor range built on proven induction motor technology—free from rare-earth metals and engineered for high performance and reliability, even in the most demanding industrial environments.

 

Custom-engineered for Indian operating conditions, these motors operate seamlessly on both Direct-On-Line (DOL) and Variable Frequency Drive (VFD), making them ideal for industries such as metals, cement, textiles, pharmaceuticals, food & beverage, and paper. With up to 40% lower energy losses compared to IE3 motors, they deliver faster ROI, reduced total cost of ownership, and a longer operating life.

 

“These motors combine the reliability of proven induction technology with ultra-premium efficiency - without relying on rare-earth metals, said Sanjeev Arora, President – Motion Business & IEC Low Voltage Motors, ABB India.  This milestone reflects our commitment to supporting Indian industries with sustainable, high-performance solutions that are built for local conditions and aligned with the nation’s push toward industrial decarbonization.”

 

ABB’s latest launch and investment strengthen its 75-year legacy in India, setting new benchmarks in energy efficiency and underscoring its commitment to technological excellence and sustainable growth.

 

ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over 140 years of history and around 110,000 employees worldwide. ABB’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com

 

ABB Motion, a global leader in motors and drives, is at the core of accelerating a more productive and sustainable future. We innovate and push the boundaries of technology to contribute to energy efficient, decarbonizing and circular solutions for customers, industries and societies. With our digitally enabled drives, motors and services we support our customers and partners to achieve better performance, safety and reliability. To help the world’s industries outrun – leaner and cleaner, we deliver motor-driven solutions for a wide range of applications in all industrial segments. Building on over 140 years of domain expertise in electric powertrains, our more than 23,000 employees across 100 countries learn and improve every day. go.abb/motion

Alembic Pharmaceuticals Limited Announces USFDA Final Approval For Paroxetine Extended-Release Tablets

Alembic Pharmaceuticals Limited (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Paroxetine Extended-Release Tablets USP, 25 mg and 37.5 mg. 

The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Paxil CR Extended-Release Tablets, 25 mg and 37.5 mg, of Apotex Inc. Paroxetine Extended-Release Tablets USP, 25 mg and 37.5 mg, are indicated for the treatment of Major depressive disorder (MDD), Panic disorder (PD), Social anxiety disorder (SAD), and Premenstrual dysphoric disorder (PMDD). Refer label for a detailed indication.

 

Alembic has a cumulative total of 226 ANDA approvals (205 final approvals and 21 tentative approvals) from USFDA.

 

About Alembic Pharmaceuticals Limited

 

Alembic Pharmaceuticals Limited, a vertically integrated research and development pharmaceutical company, has been at the forefront of healthcare since 1907. Headquartered in India, Alembic is a publicly listed company that manufactures and markets generic pharmaceutical products all over the world. Alembic's state of the art research and manufacturing facilities are approved by regulatory authorities of many developed countries including the USFDA. Alembic is one of the leaders in branded generics in India. Alembic's brands, marketed through a field force of over 5500 are well recognized by doctors and patients.

 

Information about the Company can be found at www.alembicpharmaceuticals.com; (Reuters:ALEM.NS) (Bloomberg:ALPM) (NSE:APLLTD) (BSE:533573)

Kinetic Green Unveils E Luna Prime: Revolutionary Electric 2W Engineered For India's Commuter Motorcycle Segment

New E Luna Prime features 16-inch alloys wheels, digital cluster, and premium aesthetics, targeting India's commuter segment at a total ownership cost of just Rs. 2,500 per month.

 

Kinetic Green Energy and Power Solutions Limited, India's leading manufacturer of electric two- and three-wheelers, today announced the launch of the E Luna Prime, a purpose-built electric mobility solution specifically engineered for India's vast commuter segment. E Luna Prime represents a breakthrough solution that leverages cutting-edge electric vehicle technology that directly addresses the unmet needs of millions seeking affordable yet aspirational, practical yet power packed, utilitarian and reliable personal transportation in both urban and rural environments.

 

Building on the exceptional success of the legacy of the iconic brand E-Luna that has sold over 25,000 units since its launch just a few months ago, Kinetic Green makes a foray into India's vast entry-level commuter motorcycle segment with the launch of E-Luna Prime which has been customised to provide an appropriate solution to this customer segment.

 

Positioned as a true catalyst for Bharat’s growth story, E-Luna Prime aims to democratize personal mobility for the nearly 75 crore Indians - around 50% of the population - who do not yet own a two-wheeler. Engineered to handle all terrains, the E-Luna Prime features rugged 16-inch alloy wheels that provide exceptional stability and durability on uneven and challenging roads. Beyond performance, E Luna Prime addresses everyday practical needs with a spacious front-loading area for carrying goods, a feature largely absent in conventional motorcycles, making it the ideal choice for India’s vast commuter segment.

 

The E Luna Prime represents a significant leap forward in design and functionality, featuring Bright LED Headlamp, sporty comfortable single seat, stylized digital colored instrumental cluster, an effective front visor, trendy rim tape, contemporary body decals, silver finish side cladding, and reliable tubeless tyres  – all integrated seamlessly with the proven E-Luna platform that has already established strong market acceptance. E Luna Prime is offered in 2 variants with 110 km and 140 km range and is priced at Rs. 82,490 (ex-showroom). E Luna Prime will be available in 6 distinct colors and will be available for sale at your nearest Kinetic Green dealership.

 

E-Luna Prime is designed to cater to the evolving mobility needs of both urban and rural India, offering a sustainable, durable, and cost-effective daily commuting solution, aligning with the growing demand for green mobility. The all-new Prime is engineered to deliver enhanced riding experience with advanced features and superior comfort.

With over 75 crore aspirants of personal mobility and almost 50% penetration of 2W, the E-Luna Prime targets the growing demand for affordable and sustainable personal mobility. This motorcycle is a cost-effective electric two-wheeler strategically positioned against the 100cc and 110cc ICE motorcycles and offers significant financial advantages. While the ownership cost of a conventional ICE petrol-based two-wheeler is estimated at Rs. 7,500 per month, which includes Rs. 2200(EMI) and Rs. 5300 (fuel expenses and maintenance), E Luna Prime offers unmatched affordability with an ultra-low running cost of just 10 paise per kilometer and a total cost of ownership of approximately Rs. 2,500 per month (EMI and running expense)-a fraction of traditional ICE motorcycle costs. enabling consumers to save up to Rs. 60,000 annually on long-term mobility costs. Additionally, E Luna Prime doubles up as a multi-utility vehicle capable of serving diverse needs beyond commuting, including cargo, business operations, and utility services—versatility that conventional ICE motorcycles simply cannot match.

 

On the occasion, Dr. Sulajja Firodia Motwani, Founder and CEO, Kinetic Green, said " We are delighted to unveil the E-Luna Prime, that embodies our commitment to transforming the future of personal mobility in India. Building on the resounding success of our E-Luna series, which has garnered widespread acclaim from thousands of satisfied customers, the E-Luna Prime represents a significant leap forward in our pursuit of innovation and customer-centricity

 

Our extensive consumer research and mind mapping in personal mobility needs revealed a critical opportunity to harness advanced EV technology and attributes for creating India's most affordable yet aspirational mobility solution for the fastest growing commuter motorcycle segment. The E-Luna Prime, with its industry-leading features along with the winning proposition of ₹2,500 monthly ownership cost, exemplifies our commitment to address the evolving and unmet customer needs by leveraging cutting-edge electric vehicle innovations. This represents our vision for the future of Indian mobility—where advanced technology meets practical affordability, ensuring that sustainable transportation becomes accessible to every Indian family seeking reliable, cost-effective personal mobility."

 

In addition to strengthening Kinetic Green’s last mile mobility segment portfolio, the launch of the E-Luna Prime comes at a time when Kinetic Green is well equipped with an established network of over 300 plus dealerships across the country. Since the launch of the E-Luna last year, which has had a proven track record of success in its target sectors, the E-Luna Prime will build on this success and carve a niche of its own across the urban and rural markets.

 

About Kinetic Green:

Kinetic Green is one of the leading players in India’s electric vehicle sector, offering a wide range of electric 2-wheelers, electric 3-wheelers. Recently, the company has forged a JV with Tonino Lamborgini of Italy for Electric Golf Carts and Lifestyle Carts, that are manufactured in a state-of-the-art production facility near Pune, Maharashtra.

 

Helmed by Dr. Sulajja Firodia Motwani(Founder & CEO), a third-generation scion of the Firodia family, Kinetic Green is committed to build a robust pan-India EV ecosystem and developing sustainable solutions to reduce carbon emissions, with a vision to democratise electric mobility, and to bring EVs to the mainstream- accessible to not just the classes, but to the masses. To fuel its aggressive growth plans, the company recently secured $25 million in its Series A funding round from UK based PE fund, Greater Pacific Capital.

Airtel Payments Bank Introduces Safe Second Account – A Smarter, Safer Way To Pay

Digital payments are now an integral part of daily life; from UPI payments at kirana stores to shopping malls, paying for OTT subscriptions, booking travel, settling utility bills, online shopping and more. However, with this convenience comes an increasing risk of online fraud, including phishing, fake apps, SIM swaps, and unauthorized transactions. To give consumers peace of mind, Airtel Payments Bank has introduced the Safe Second Account - a smarter, safer way to pay. It’s a choice that enables customers keep their primary savings protected, while they freely use the Airtel Payments Bank savings account as their second account for everyday payment needs. 

Why a Safe Second Account?

Instead of risking the core savings with every digital transaction, customers can simply use Airtel Payments Bank’s safe second account for daily spending. That way, the main savings remain shielded from fraud. Safe Second Account benefits include:

1.         Instant account opening via Airtel Thanks app

2.       Earn interest upto 6.5%* (T &C Apply)

3.       Zero minimum balance requirement

4.       Seamless UPI integration

5.       Eco friendly debit card with benefits up to INR 15,000

6.       Full suite of bill payment and recharge options

 

Security as the bedrock of Safe Second Account

The account comes with multiple safeguards built for today’s digital risks including:

1.         Fraud alarm: instantly block suspicious activity

2.       Sleep mode: put your account on pause when not in use

3.       AI-driven face match to detect high-risk transactions

4.       Set daily transaction limits and get real-time alerts

 

Anubrata Biswas, MD & CEO, Airtel Payments Bank, said, “Digital payments have transformed the way India manages money, but with convenience comes the responsibility of ensuring safety. The Safe Second Account is a step in that direction - encouraging a simple yet powerful habit of separating everyday transaction funds from core savings. We believe this small behavioral shift can help consumers embrace digital transactions more securely, and over time, shape the future of safe banking in India.”

 

Accessible to all segments the Safe Second Account has no entry barriers, can be opened digitally on the banking section of  Airtel Thanks App.

 

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 across India, alongside its robust digital platforms. With a strong focus on Digital India and Financial Inclusion, Airtel Payments Bank continues to lead the charge in making secure digital payments more accessible to all resident Indians.

Z’ & Third Eye Integrated Services Decode The Gen-Z Paradox In Award-Winning Study

  • The extensive research engaged with over 2,700+ youth across 38 cities in seven key language markets 

 • The study was ranked as a Runner-Up at the annual seminar of Market Research Society of India 

Streaming the Paradox – Gen-Z and the Intergenerational Remix’, a landmark study conducted by the leading Content and Technology powerhouse, Zee Entertainment Enterprises Ltd. (‘Z’) in partnership with Third Eye Integrated Services, has uncovered how Gen-Z navigates the push-and-pull between tradition and global influences, personal individuality and collective belonging, along with ambition and emotional complexity. The study was also recognized and highly appreciated at the recently held 33rd Market Research Society of India (MRSI) Annual Seminar, where it was ranked as a Runner-Up and stood out among 104 research synopses submitted by leading organizations across the country. 

The extensive research engaged with over 2,700+ youth across 38 cities in seven language markets. Using a unique method-scape that blended ethnography, netnography, friendship triads and quantitative scaling, the study provided a holistic and 360-degree understanding of India’s Gen-Z, one of the most dynamic and coveted consumer cohorts. 

Findings describe Gen-Z as a generation defined by contrasts and paradoxes — self-aware yet ambitious, rooted in tradition yet globally curious, socially active yet craving deeper bonds. These dualities influence their consumption patterns in terms of choices, relationships and cultural outlook, while also highlighting shared emotional challenges. 

Embracing the narrative, ‘Z’ has taken significant steps to craft content that resonates with young audiences and reflects their changing realities. From shows like ‘Parineeta’ on Zee Bangla and ‘Tumm Se Tumm Tak’ on Zee TV, to digital originals such as ‘Bakaiti’ on Zee 5 and micro-dramas on the Bullet app, the network is creating youth-inclusive content that mirrors their aspirations while redefining viewing experiences. 

Commenting on the findings, Rituparna Dasgupta, Executive Vice President – Network Research & Consumer Insights, Zee Entertainment Enterprises Ltd. said, “At ‘Z’, we put our audiences at the heart of everything we do. This recognition at MRSI is a testament to the strength of our in-house research capabilities, which enable us to constantly track the evolving tastes of our viewers and deliver stories that reflect their lives, aspirations and paradoxes. Our ability to blend these insights into meaningful narratives has been a key reason for our enduring success in an ever-changing entertainment landscape.” 

 

This accolade reaffirms ‘Z’s position as a futuristic content and technology powerhouse, leveraging its research capabilities to not only understand India’s diverse audience base but also build content ecosystems that resonate deeply with the youth of today.

 

About Zee Entertainment Enterprises Ltd.:

 

Zee Entertainment Enterprises Ltd. is a leading Content and Technology powerhouse, seamlessly blending its rich legacy with pioneering innovation to deliver cutting-edge entertainment experiences. With a presence in over 190 countries and a reach of over 1.3 billion people across the globe, ‘Z’ brings diverse stories to life through linear television, digital platforms, movies and music across languages. As a truly Indian brand with a global footprint, ‘Z’ remains committed towards enriching the lives of people around the world by creating extraordinary moments which celebrate the power of optimism and togetherness.

AbhiBus (ixigo Group) Partners With OSRTC To Expand State Transport Bus Coverage In Odisha

 

AbhiBus (ixigo’s bus business), one of India’s leading online bus ticketing platforms, has announced its partnership with the Odisha State Road Transport Corporation (OSRTC). This collaboration marks a significant step in expanding AbhiBus’ state transport coverage, providing millions of passengers in Odisha with easier access to reliable government bus services through its digital platform.

 

OSRTC operates under the Transport & Commerce Department of the Odisha Government, connecting 130+ cities, towns and business centres within Odisha and 68 cities outside the state. OSRTC runs 4,800 daily services with a fleet of 577 intercity and interstate buses. Its flagship Mukhyamantri Bus Seva (MBS) connects 6,720+ Gram Panchayats through 1,422 rural buses, making it one of India’s most inclusive public transport systems. Through this partnership, OSRTC services will now be available on the AbhiBus platform, giving travellers the convenience of digital bookings, real-time bus tracking, secure payments, and access to a wide range of routes and bus categories - all on one trusted platform.

 

Speaking on this, Rohit Sharma, COO, AbhiBus, said, “We are delighted to welcome OSRTC onboard, one of the key state transport networks connecting cities and rural communities across Odisha. At AbhiBus, we aim to make government bus services more accessible and convenient for every traveller. This partnership enables passengers to seamlessly book bus routes like Bhubaneswar-Puri, Cuttack, Berhampur, Rourkela, and Sambalpur, as well as interstate routes to Kolkata, Visakhapatnam, and Raipur. With access to OSRTC’s full range of bus categories - from Ordinary to Volvo Super Deluxe - we are committed to enhancing the travel experience for millions of passengers in Odisha.”

 

By bringing OSRTC into its fold, AbhiBus further strengthens its growing network of partnerships with state transport corporations across India. In recent months, the platform has added 7 new SRTCs, including SBSTC, TSRTC, PRTC, KSRTC, SNT, and UTC. Today, AbhiBus aggregates 17 major SRTCs, offering millions of passengers affordable and reliable travel options, while delivering greater connectivity and wider route choices across the country.

 

About AbhiBus  

AbhiBus is a leading online bus-ticketing platform that aggregates ticket inventory from over 4,000 bus operators - including major State Road Transport Corporations (SRTCs), covering more than 3.5 lakh (350,000+) routes across India. The AbhiBus website and apps allow users to check amenities provided by bus operators, compare booking fares, check bus timings in the searched route, live tracking of the bus before arrival, cancellation protection options and other facilities. It is the official ticketing partner for several state road transport corporation bus tickets and IRCTC bus bookings.

 

AbhiBus is owned and operated by ixigo (Le Travenues Technology Limited), India’s leading OTA for the Next Billion Users. With over 54 crore Annual Active Users in FY25, ixigo offers AI-powered train, flight, bus, and hotel bookings through its platforms - ixigo, ConfirmTkt, and AbhiBus.

ServiceNow University Launches In India To Empower 1 Million Learners With Future-Ready AI Skills

New learning platform to contribute to India’s AI talent capabilities

 

Today, ServiceNow (NYSE: NOW), the AI platform for business transformation, announced the launch of ServiceNow University, an innovative learning experience designed to close critical skills gaps in an AI-driven world. The launch was unveiled at the first-ever ServiceNow AI Skills Summit in Hyderabad, which brought together 1,200 students in person and over 20,000 participants virtually across the country.

 

The event also saw the participation of representatives from AICTE, Ministry of Education, Govt. of India, Future skills Prime, NASSCOM, Tamil Nadu Skill Development Corporation, ServiceNow University Academic partners and ServiceNow ecosystem partners.

 

At the Summit, ServiceNow outlined its vision to upskill 1 million learners in India by 2027, contributing to its global ambition of reaching 3 million learners worldwide. Currently, the platform has 318,000 active learners, 116,000 certified professionals, and programs that help university students become job-ready and placed through early career hiring to support partner and customer demand. ServiceNow is strongly invested in building skilled talent in India. Sumeet Mathur, Senior Vice President & Managing Director, ServiceNow India Technology & Business Center, said, “Organizations are adopting AI at record speed, but there simply aren’t enough skilled professionals to power this transformation. Our research shows that 26% of Indian organizations are still uncertain about the skills their people will need, even as AI reshapes work at record speed. That uncertainty is exactly what ServiceNow University is designed to address.

 

Our role isn’t to provide every answer — it’s to bring clarity and equip learners with confidence to adapt. By focusing on the capabilities that matter most — AI fluency, problem-solving, and innovation at scale — we can help India’s talent turn disruption into opportunity. Our vision is simple: to prepare the next one million AI-ready professionals who will lead the future of work.”

 

Agentic AI and India’s Rising Skill Deficit

According to the 2025 ServiceNow AI Skills Research, Agentic AI is expected to reshape more than 10.35 million jobs in India by 2030. At the same time, India is projected to add 3 million new tech workers over the next five years, propelled by the AI wave.

 

Industries such as manufacturing, retail, and education are already experiencing major workforce shifts as enterprises seek future-focused roles that blend AI, design, and data analytics. The Government of India’s National Skill Gap Study also points to severe shortages, with demand for 200k–225k Data Engineers and 40k–50k Data Security professionals remaining unmet.

 

ServiceNow University to Shape Future-ready, AI-focused Skills

ServiceNow University is an immersive learner experience designed to empower individuals to grow, adapt, and thrive. At its core lies the belief that the future of work is as much about human transformation as technological advancement. By weaving the science of play into learning, the platform creates a safe space for learners to step outside their comfort zones and build essential new skills.

 

Making AI Learning Accessible to All

ServiceNow University transforms learning into an engaging, gamified journey that builds real-world skills.

• Free, on-demand courses with assessments and digital credentials; earn points, badges, and ranks to showcase growth.

• AI-powered personalization via “The University of You,” delivering tailored content and tracking achievements

• Bite-sized curriculum covering technical and human skills, with a robust AI pathway to help learners know, use, and lead with AI.

• India-focused role pathways for Administrators, Developers, Implementers, Platform Owners, and SecOps, aligned to fast-growing careers like software development, data engineering, and web development.

 

Collaborating for Impact

The launch of ServiceNow University underscores the company’s deep collaboration with its customers, partners, and academic ecosystem in India. Through its initiatives like University Academic curriculum integration Program, collaboration with regulatory bodies like AICTE, State Higher Education councils and Government Skilling organizations, ServiceNow is expanding access to AI-powered learning and aligning curriculum pathways with the fastest-growing job categories in the country. 

 

ServiceNow University builds on the company’s global skilling initiatives, which expand access to technology and opportunity for the youth in India. As one of ServiceNow’s fastest growing and most strategic markets, India remains at the heart of the company’s talent transformation strategy. With the launch of ServiceNow University, the company is doubling down on its commitment to equip Indian learners with future-ready AI skills, gamified journeys, and resilient career pathways for the digital economy of tomorrow. 

 

ServiceNow University is now available to all learners in India including employees, customers, partners, and individuals.

  

About ServiceNow  

ServiceNow (NYSE: NOW) is putting AI to work for people. We move with the pace of innovation to help customers transform organizations across every industry while upholding a trustworthy, human centered approach to deploying our products and services at scale. Our AI platform for business transformation connects people, processes, data, and devices to increase productivity and maximize business outcomes. For more information, visit: www.servicenow.com.