New Delhi, 11th February 2025: Daifuku Intralogistics India, a leader in warehouse automation solutions, has elevated Mr. Asim Behera to the role of Chief Executive Officer (CEO). Previously serving as President of the India operations, Mr. Behera brings extensive expertise and a deep alignment with Daifuku’s vision to drive the company’s next phase of growth.

Mr. Naoyuki Andou, commented on this appointment, saying, “With a proven track record of dedication and excellence, Asim has been an integral part of Daifuku’s journey. His leadership marks the beginning of an exciting new chapter for our organization—one focused on innovation, growth, and industry-leading standards.”

Mr. Behera succeeds Mr. Srinivas Garimella, who transitioned to the position of Chairman of the board. Under Mr. Behera’s leadership, Daifuku Intralogistics India will continue to deliver Efficient, Reliable, and Accurate (ERA) material handling solutions while advancing automation adoption across India’s rapidly expanding manufacturing sector.

Commenting on his new role, Mr. Asim Behera, said, “India is still at a very nascent stage when it comes to automation, yet it remains one of the fastest-growing markets. Daifuku is making significant investments in India, including a state-of-the-art mega factory in Hyderabad. We are committed to expanding our market share while maintaining the superior product quality that has been Daifuku’s strength for over eight decades.”

Daifuku Intralogistics India specializes in cutting-edge warehouse automation systems, serving clients with solutions such as Unit Load AS/RS, Mini Load AS/RS, Sorting Transfer Vehicles (STVs), Conveyors, and WareNavi (WMS/WCS). With over 85+ years of global expertise, the company continues to set benchmarks in innovation and operational excellence.

Mumbai, India, 11th January 2025: In a landmark move to enhance credit availability for Micro and Small Enterprises (MSEs), the Ministry of Micro, Small, and Medium Enterprises (MSMEs) and the Small Industries Development Bank of India (SIDBI) set up the CGTMSE—the Credit Guarantee Fund Trust for Micro and Small Enterprises. This scheme facilitates institutional credit access for MSEs by offering guaranteed coverage to member lending institutions.

Along with the expansion of CredAble’s digital lending capabilities, its NBFC arm—Equentia Financial Service Private Limited (a non-deposit-taking NBFC)—has recently joined CGTMSE as a member lending institution.

This membership is a significant step forward in CredAble’s journey to address the working capital gaps of the MSME sector in India.

Through the CGTMSE Udaan Guarantee Scheme, loans extended by CredAble’s NBFC wing to micro and small businesses are now secured with a 75% guarantee cover for standard loans. This framework offers significant risk mitigation, protecting CredAble against potential defaults while expanding credit availability to underserved segments.

These benefits, combined with CGTMSE’s guarantee mechanism, strengthen CredAble’s ability to deepen its wallet share and extend short-term working capital loans to micro and small enterprises. A large portion of the loans extended under the CGTMSE scheme by CredAble will be part of the supply chain financing and working capital loans.

Currently, close to one-third of Equestria Financial Service’s lending book is dedicated to micro and small enterprises. After qualifying as a member lending institution for the CGTMSE scheme, CredAble plans to grow this to 40-45% of its lending portfolio—further increasing access to MSE credit.

Commenting on this milestone, Manu Prakash, Managing Director, Lending and Capital Markets of CredAble, said:

“CredAble’s working capital financing suite is a game-changer for businesses in India. We are excited to take things up several notches by becoming a member lending institution under SIDBI’s CGTMSE scheme. Through this initiative, we plan to expand our outreach and contribute to the financial inclusion of micro and small business segments across India, which have been traditionally overlooked by conventional lenders. This marks a momentous milestone in our growth journey, and we look forward to growing our lending share and supporting the working capital needs of these critical economic drivers.”

By facilitating timely access to working capital, CredAble empowers clients in industries such as manufacturing, e-commerce, logistics, and services to outpace their competitors.

In a commendable move to inject more capital into the MSME sector, the Union Budget 2025 has introduced a significant enhancement of credit availability with the credit guarantee cover for micro and small enterprises extended from INR 5 crore to INR 10 crore. One of the significant changes in the budget is the revised classification criteria for MSMEs. The budget has increased the turnover cap for micro-enterprises to INR 10 crore and small enterprises to INR 100 crore. This change allows more businesses to qualify, expanding CredAble’s reach as a member lending institution under the CGTMSE scheme to better support micro and small enterprises.

Strong government backing coupled with innovative, tech-enabled offerings from FinTechs like CredAble is driving advancements in the digital lending space, promising to substantially increase MSMEs’ access to working capital in the years to come.

With an expanding team of industry specialists and global delivery frameworks, the company is continuously innovating financial products to enhance agility, offering solutions that accelerate value and expedite clients’ time-to-market trajectories.

As a member lending institution under the CGTMSE scheme, CredAble is also well-positioned to scale its supply chain offerings and bridge the working capital gap for micro and small sellers catering to larger corporations.

CredAble remains committed to broadening its lending horizons while empowering India’s micro and small enterprises through sustainable and easily accessible financing solutions.

Chennai, 11th February 2025: NDR InvIT Trust, the first Perpetual Warehousing and Industrial Parks InvIT, listed on the National Stock Exchange, held its Board meeting on 10th February 2025, and reported results for the third quarter and nine months ended 31st December 2024.

•  NAV at Rs. 127.26/unit as of 31st December, 2024
•  Declared distribution of Rs. 1.75 (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 & 9M FY25
•  Assets under Management (AUM) stood at ~19.01 mn. sq. ft (MSF) across India.

o Out of the 17 mn sq. ft. leasable area

o 2.01 million sq. ft. is currently under acquisition in Q3 FY25 across Bengaluru, Hyderabad, Pune, and Surat.

Mr. Sandeep Jain, Chief Financial Officer of NDR InvIT Trust, said,

“Q3 was a defining quarter for us as we grew our Revenues, and EBITDA, and expanded our footprint in Prime Locations. We were also the first InvIT in India to issue ‘Sustainability Linked Bonds’ via. IFC, and NaBFID, India’s premier Infrastructure Financing Bank, also took part in our LT Bond Issuance. The proceeds of which were used to replace debt, at the SPVs thereby augmenting the cash flows at the InvIT level, and in the Portfolio Expansion. Our growth, and acquisitions strategy remain Value Accretive to our Investors.”

Business Highlights:

•  Under acquisition assets of 2.01 mn sq. ft. in Surat, Hyderabad, Pune and Bengaluru
•  13 Cities, 33 Industrial Parks, 55+ Warehouses
•  Pan India Occupancy Levels at ~98%
•  Top 10 Clients Contribute 35% of Revenue
•  ~16% of Leases coming up for renewals in FY26

Financial Highlights:

•  Clocked healthy revenue growth of 5.65% and EBITDA growth 8.86% in Q3 vs Q2 FY25
•  Recorded Revenue from the Operation of RS. 793.20 mn in Q3 FY25 and RS. 2,295.72 mn in 9M FY25
•  EBITDA stood at RS. 715.55 mn in Q3 FY25 and RS. 2,034.50 mn 9M FY25

Distribution:

•  Distribution for Q3 FY25 is Rs. 673.75 mn and for 9M FY25 is Rs. 2,407.36 mn
•  Declared distribution of Rs. 1.75/unit (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 FY25
•  The record date for the distribution is February 12, 2025

Valentine’s Day is just around the corner, and finding the right gift can feel like a challenge. While flowers and chocolates are always lovely, a piece of timeless jewelry can carry a deeper meaning. Pearls, in particular, have a quiet elegance that seems to grow more beautiful with time, much like the connections we cherish. If you’re considering something special, pearl jewelry offers a subtle yet heartfelt way to express your feelings.

Jagdamba Pearls has launched an exclusive collection for Valentine’s Day, and here are five stunning jewelry pieces that are perfect for making this occasion truly memorable.

1. Adora 925 Silver Pendant Set

From the exclusive Valentine’s Day collection, the Adora 925 Silver Pendant Set blends sleek, modern design with timeless charm. Whether paired with everyday outfits or special occasion wear, this set adds a touch of sophistication and elegance, making it a thoughtful and stylish gift.

2. Qarin Pearl Bracelet

A pearl bracelet is a thoughtful gift that represents love and admiration. The Qarin Pearl Bracelet, made with fine freshwater pearls, is a delicate yet stylish piece that complements any look. Whether worn alone or stacked with other bracelets, it is a beautiful reminder of a special bond.

3. Bella 925 Silver Pendant Set

A personalized gift always holds a special meaning. The Bella 925 Silver Pendant Set offers the option to engrave a name, date, or heartfelt message, making it a truly unique piece. Whether gifted to a partner, a close friend, or a loved one, this pendant becomes a cherished keepsake.

4. Oditi 18KT 3.23 Grams Rose Gold Pearl Earrings

These stunning earrings combine the elegance of 18KT rose gold with the timeless beauty of pearls. Weighing 3.23 grams, the Oditi Pearl Earrings offer a chic and sophisticated design that effortlessly complements any outfit. Perfect for both everyday wear and special occasions, these earrings add a touch of luxury and grace, making them an ideal gift for someone special this Valentine’s Day.

5. Baani 2 Lines Pearl Watch

A watch is both a practical and stylish gift, and the Baani 2 Lines Pearl Watch is the perfect blend of elegance and functionality. Adorned with pearls, this timepiece adds a touch of luxury to any outfit. Whether for daily wear or special occasions, this watch is a thoughtful and timeless present.

This Valentine’s Day, Jagdamba Pearls offers a beautiful collection of pearl jewelry that makes gifting effortless. Whether it’s a classic necklace, a delicate bracelet each piece is designed to make the day unforgettable.

Because nothing expresses love better than the timeless beauty of pearls.

Kolkata, February 11, 2025: Bandhan Life Insurance, a leading life insurance company, is excited to launch its new Flexi Cap Fund, with Bandhan Life iInvest II and iInvest Advantage ULIPs (unit-linked insurance plans). The new Fund Launch is open till February 24, 2025, and starts at just ₹10 NAV.

Satishwar B., MD & CEO, of Bandhan Life Insurance, said, “With the launch of the Flexi Cap Fund in Bandhan Life iInvest products, we are providing a unique combination of growth potential and life cover, helping our customers achieve their wealth goals while ensuring their loved ones are protected. This offering marks a significant step forward in our promise, ‘Bharat Ki Udaan, Bandhan Se’, to offer affordable and customer-friendly life insurance solutions.”

Commenting on the fund strategy, Saibal Ghosh, Chief Investment Officer at Bandhan Life Insurance, said, “The fund strategy is designed to offer flexibility in building a portfolio, regardless of a stock’s market cap. It combines an optimal blend of resilient large-cap stocks, high-growth mid-cap stocks, and high-potential small-cap stocks. Our Flexi cap fund effectively captures India’s growth story, ensuring strong returns for investors over the medium to long term. Customers can access this powerful opportunity and achieve long-term capital appreciation to build a strong financial future.”

Bandhan Life iInvest II and iInvest Advantage are ULIP products that offer market-linked returns along with a substantial life cover of up to 20 times the annual premium. With monthly premiums starting from just ₹3,000, customers can tailor their investment strategy to suit their needs; and get the option to access their funds through partial withdrawal after five years. In addition to the new fund launch, both products give customers access to Bandhan Life’s other top-performing 5-star and 4-star rated funds* that have outperformed industry benchmarks, so customers can achieve their financial goals with confidence.

New Delhi, India, February 11, 2025: Anaptyss — a digitally enabled managed services provider in the global BFS&I industry — is set to double its workforce in the country by 2027. The company plans to recruit over 600 professionals from across multiple cities, including Gurugram, Noida, Pune, Kolkata, Hyderabad, Bengaluru, and Jaipur.

The hiring campaign will concentrate on attracting niche domain talent across highly specialized domains such as Model Risk Management, Enterprise Risk Management, Credit Risk Management, Cryptocurrency, Fraud Analytics, Fund Management, and Loss Mitigation, among others.

The talent expansion in India will help Anaptyss accelerate delivery for international clientele through its global capability centers based in India. The campaign aligns with the company’s strategy of expanding its digitally enabled managed services offerings for clients across North and South America, including Canada and Mexico. The ramped-up capacity will also support Anaptyss’ penetration into Europe, with planned growth in the UK, Romania, Ireland, Poland, Hungary, and Germany.

To support this expansion, the company is actively seeking to hire professionals with premier qualifications and technical competencies, including CA, CFA, Mathematical Modeling, Agile Low-Code App Development, Basel III, SR 11-7, and Stress Testing. Additional expertise areas include SQL, Hadoop, Spark, Power BI, and cutting-edge technology stacks such as OpenAI, Azure, Copilot, AWS, Docker, and UiPath.

Commenting on the company’s hiring efforts, Anuj Khurana, Co-Founder, and CEO, Anaptyss said,” The strong demand for our Managed Services expertise in BFS&I has driven remarkable growth, including a 200% increase in topline revenue and a 150% rise in headcount over the past year. India remains central to our growth strategy, providing the right mix of talent and innovation to propel our global expansion. As the financial sector evolves, a highly skilled workforce is essential to staying ahead of market demands.”

With women constituting approx. 32% of its workforce, including nearly 35% in leadership roles, Anaptyss demonstrates a strong focus on ensuring a diverse, equitable, and inclusive workplace. The company is also strengthening its campus hiring strategy by collaborating with Tier-1 business schools and institutions like ICAI to attract top talent in specialized finance and technology domains.

“In the last 1 year, we have seen a paradigm shift in traditional offshoring, with increased demand across niche domains like cryptocurrency, enterprise risk management, model risk management, credit risk management, mortgage, and financial crime compliance and fraud analytics. We will continue to innovate and address the growing demand for Value Driven Managed Services in the BFS&I sector, and India will be at the center of enabling delivery excellence for us.” Anuj Khurana further added.

Hubli, February 11, 2025:Observing World Cancer Day, HCG NMR Cancer Centre, Hubliorganized a fun and inclusive Pickleball Tournament collaboration with Decathlon for cancer champions, clinicians, and caregivers. The event, aligned with the global theme of ‘United by Unique,’ aimed to highlight the individual triumphs strength, resilience, and unique journeys of cancer champions while fostering a sense of unity through sport. The event was graced by the presence of Dr. Krishna Reddy B T – Medical Director of South Western Railway Hospital Hubli.

With over 150 participants, the event brought together a vibrant community united in the fight against cancer. The pickleball tournament featured doubles matches with cancer champions and their families participating alongside each other. Pickleball, known for its accessibility and focus on teamwork, serves as the perfect activity for promoting both physical well-being and emotional healing. In addition to the tournament, there will be wellness workshops focused on the benefits of staying active post-treatment, as well as relaxation zones designed to support mental health and well-being.

Dr. Abdul Rahim, Chief operating officer, of HCG NMR Cancer Centre, Hublisaid,“We at HCG NMR Cancer centre, Hubli reflect on the incredible fortitude demonstrated by our champions throughout their journeys. Our initiatives, including the pickleball tournament, exemplify our dedication to fostering community among individuals facing cancer. Their relentless pursuit of hope amidst adversity serves as an inspiration for us all, showcasing the profound impact of community support during challenging times. They not only signify personal victories but also highlight the importance of collective strength in creating nurturing environments conducive to healing beyond mere medical interventions.”

The event concluded with a strong sense of unity and empowerment as cancer champions, clinicians and caregivers celebrated their resilience and shared experiences. The success of the pickleball tournament highlights HCG NMR Cancer Centre Hubli’s ongoing commitment to fostering community connections and promoting overall well-being. By bringing people together through sport and shared stories, the event reinforced HCG’s dedication to supporting cancer champions in every aspect of their journey, while raising awareness and encouraging proactive health and healing.

Bangalore, India – February 11, 2025: ZEISS, a pioneer of science in optics and optoelectronics, has appointed Baskar Kesavalu as Head of Vision Technology Solutions (VTS), ZEISS India. He will be responsible for overseeing VTS Research & Development, Quality Assurance & Regulatory Affairs, and Product Management in India. He joins at a time when ZEISS is strengthening its ties in India by growing its business through investments, strategic alliances, and launches.

Baskar has more than 30 years of experience in the defense, healthcare, and consumer electronics industries. Before joining ZEISS India, he worked at GE HealthCare, where he was responsible for creating mission-critical patient monitoring systems and cloud-native medical solutions for hospitals throughout the United States and Europe. He has also been associated with brands like Cisco Systems and ST Microelectronics.

With his expertise in technology leadership, product development, and agile transformation, Baskar has helped successfully build and manage teams across multiple locations, including Bangalore and Milwaukee, USA. He specializes in the Scaled Agile Framework (SAFe), Continuous Integration & Continuous Deployment (CI/CD), and DevOps, ensuring high-quality and efficient product development

Baskar holds a Master of Science in Software Engineering from the National University of California and an Executive General Management Program credential from the Indian Institute of Management (IIM), Bengaluru. With a strong focus on collaboration and innovation, he is known for building high-performing teams and fostering a culture of excellence in technology and product development.

Mumbai, February 11, 2025 – YES SECURITIES, a trusted name in financial services, today announced that it will empower 1 million students as future-ready investors by FY’28.

YES SECURITIES pioneered ‘WongaWits Season 1’ an on-ground inter-collegiate quiz competition in the BFSI sector, culminating in a thrilling Grand Finale on January 2025 at the headquarters, YES BANK House. The competition saw enthusiastic participation from 300+ teams across 30+ colleges, fostering financial literacy. S. P. Jain Institute of Management and Research (SPJIMR) clinched the championship title, followed by Thakur College and Nagindas Khandwala College.

The company then subsequently launched WongaWits LMS, a comprehensive learning platform offering four financial modules and certifications, empowering students to master financial literacy.

These comprehensive learning modules on WongaWits LMS include:

•  Basics of Stock Market
•  Investor Journey 101: Mutual Funds
•  Inside Forex, Currency & Commodities
•  The Best of Both: Fundamental & Technical

The company also intends to beef up this LMS platform by offering additional courses in financial tools like Bonds, Futures and Options, Exchange Traded Funds, Systematic Investment Plans, Risk Management, and Taxation in investments.

Mr. Anshul Arzare, MD & CEO, of YES SECURITIES said, “At YES SECURITIES, we believe financial literacy is a fundamental life skill that empowers individuals to make informed decisions about their future. Our commitment to educating 1 million students through our various student-centric initiatives like WongaWits, and The Wize Whispers is a step toward creating a financially aware and responsible generation. We believe in empowering generations to invest wisely, securely, and seamlessly. In today’s world, which is deeply colored by all sorts of unverified social media, generations need to be able to filter. Financial literacy has both aspects – to be able to manage finances better and most importantly not fall prey to unverified approaches, protecting money is equally important aspect along with making the best out of investments. We are proud of the enthusiastic participation in our recently concluded WongaWits Quiz and look forward to expanding our outreach to more students across the country.”

To achieve its goal of reaching 1 million students, YES SECURITIES will deploy a comprehensive marketing strategy encompassing digital engagement, social media campaigns, and student-focused programs. On-campus initiatives, including finance workshops, guest lectures, and interactive events at colleges, will further enhance participation. Additionally, strategic partnerships with universities, student organizations, and digital education platforms will help broaden the initiative’s reach and impact.

Rollarappa the fast-growing QSR brand known for its bold and flavorful rolls, is excited to announce the grand opening of two new outlets in Indirapuram on February 5th and Noida Sector 62 on February 6th. With 23 outlets across India, Rollarappa continues to redefine street food by offering an exciting and mouthwatering variety of rolls that keep customers coming back for more.

From indulgent classics to signature innovations, Rollarappa’s menu is packed with must-try delights, including Mafia Chicken Roll, Chicken Big Daddy Roll, Dip in Gravy Rolls, Chicken Tikka Bhej, Mafia Paneer Roll, and OG Chicken Roll. These signature rolls, loaded with bold flavors and premium ingredients, guarantee an unforgettable taste experience.

To celebrate the grand openings, Rollarappa is offering the entire menu at just ₹49 for a limited time! This exclusive deal makes it the perfect opportunity for food lovers to dive into their favorite rolls without burning a hole in their pockets.

Both outlets will operate from 11 AM to 4 AM, catering to early cravings and late-night hunger pangs alike.

📍 Outlet 1: GF-26, Tower C, I-Thum, Sector 62, Noida

📍 Outlet 2: LGF 03, Lotus Pond, Vaibhav Khand, Indirapuram, Ghaziabad

Join us in celebrating “Rolls Ka Boss” and experience the ultimate fusion of flavors at Rollarappa!