Synchrony’s Doubles Dive Challenge Secures Support for Hyderabad Community
Hyderabad, March 5, 2025 – Synchrony celebrated a decade of community engagement and team spirit with the successful conclusion of its 10th Annual Doubles Dive Challenge at Novotel HICC, Hyderabad. The event, held on Sunday, March 2, 2025, drew an enthusiastic crowd of approximately 500 Synchrony employees, who came together to participate in a day of fun, team building, and meaningful community service. The flagship event that brings together employees in a spirit of camaraderie and philanthropy, where participants “dive” into the water for a meaningful cause includes various activities.
The event showcased Synchrony’s commitment to education and emergency preparedness through the following key initiatives:
*Empowering Education with U&I Trust: Employees channelled their creativity and compassion by crafting essential learning resources for underserved students. This included the creation of handmade bookmarks, engaging word search games, and other educational materials designed to inspire and support students on their educational journey, effectively bridging educational gaps.
*Life-Saving Skills with Nirmaan Organization: Participants gained invaluable practical skills through hands-on CPR and first aid training. This initiative empowered employees to confidently respond to emergencies and potentially save lives, fostering a culture of preparedness within the community.
“The Doubles Dive Challenge embodies Synchrony’s core values of teamwork and community engagement,” stated Raj Kola, Vice President, e-Chat, and Central Regional Engagement Hub Leader at Synchrony. “This event transcends mere entertainment; it’s about creating tangible, positive change in our communities. We are incredibly proud of the dedication shown by our employees and the significant impact achieved through our partnerships. We extend our sincere gratitude to U&I Trust and Nirmaan Organization for their unwavering support and collaborative spirit. We are confident that this event will further solidify our collective commitment to driving meaningful change.”
The 10th Annual Doubles Dive Challenge Underscores Synchrony’s ongoing dedication to making a difference and building stronger communities.
TRANSITIONS® Commends Breakthrough in Eyewear with GEN S™ Lenses
India, March 5, 2025: EssilorLuxottica India has officially launched Transitions® GEN S™, a ground-breaking advancement in optical technology that marks a giant leap toward enhancing vision for a wide array of wearers. With a focus on speed, style, and smart vision, Transitions GEN is designed to fit the fast-paced lives of modern wearers, offering a dynamic visual experience that adapts to changing environments with ease.
As the fastest darkening lens in the clear-to-dark photochromic category, Transitions® GEN S™ has been meticulously developed through extensive research and collaboration with wearers, going beyond traditional prescription lenses. Designed with the modern wearer in mind, this innovative lens provides unparalleled comfort, convenience, and adaptability.
On the launch, Narasimhan Narayanan, President, of EssilorLuxottica, South Asia commented, “Consumers deserve the best vision care possible, and light management plays a critical role in that. With Transitions GEN S, we have combined cutting-edge science and technology to create a revolutionary product that adapts intuitively to light, reacting quickly to meet the wearer’s needs. Additionally, these lenses offer an elevated experience with a wider color palette, allowing wearers to personalize their eyewear to match any frame. This product represents a significant opportunity to enhance vision care, in coherence with our vision of “See More, Be More” and we believe Transitions GEN S will become a key recommendation for Eye Care Professionals.”
With three distinct benefit pillars in Transitions® GEN S™ product, the technology offers solutions that cater to the varying needs of wearers in different lighting environments. These three Pillars correspond to:
- GEN SPEED™: It offers ultra-responsive light adaptation, darkening in seconds and fading back in under two minutes. It reaches category three darkness in 25 seconds, with 88% of wearers mentioning that they barely notice the change due to its fast light adjustment.
- GEN STYLE™: Available in eight exclusive color shades, including the new Transitions GEN S Ruby Red color, these lenses offer vibrant tints that remain true to tone in all lighting conditions. Whether fully clear indoors or beautifully colored outdoors, the lens provides wearers with endless possibilities for pairing and complementing their style.
- GEN SMART™: Enhances HD vision with 39% faster recovery from bright lights and a 39.5% improvement in contrast sensitivity. These lenses also offer 40% faster vision recovery compared to the previous generation, ensuring clear, uninterrupted vision in changing light conditions.
Additionally, Transitions® GEN S™ offers ultimate light protection by filtering 100% of UVA and UVB rays and filtering up to 32% of blue-violet light in the clear state, increasing to 85% when activated outdoors.
With Transitions® GEN S™, eyewear becomes more than just a necessity; It transforms from an ‘I have to wear’ to an ‘I love to wear’ experience. The lenses’ faster light adaptation, improved contrast sensitivity, and enhanced style options elevate the everyday glasses-wearing experience to new heights. With the launch, EssilorLuxottica India is confident that Transitions® GEN S™ will be an essential addition to every eyewear collection.
Strong Opportunity: ITM Announces Scholarship Entrance Test for All
Delhi, March 5, 2025: After successfully hosting the Women’s Day Special Scholarship Test exclusively for female students at its Navi Mumbai campus, ITM has now opened its Scholarship Gate for all students across India. This initiative aims to provide financial assistance to meritorious students through a centralized online examination.
The ITM Scholarship Entrance Test is scheduled to take place on 17th March 2025 offering students an opportunity to secure scholarships, including up to 100% tuition fee waivers on the first-year fee. Last year, ITM awarded scholarships worth over ₹4.3 crore to 300+ students, reinforcing its commitment to making quality education accessible.
Dr. Lakshmi Mohan, Pro-Vice Chancellor, of ITM Business School, shared that “At ITM, we believe that financial constraints should never be a barrier to education. Through our Scholarship Entrance Test, we aim to empower bright young minds by providing them with the opportunity to pursue their academic dreams without limitations. With scholarships worth crores, we are committed to shaping the future of students across India, ensuring they receive the support they deserve to excel in their careers.”
Following the online examination, shortlisted candidates will proceed to the Case Analysis & Personal Interview (CAPI) Round on 22nd March 2025. These sessions will be conducted across multiple locations, ensuring accessibility for students from different regions.
Moneycontrol Secures Global Wealth Summit to Drive India’s Growth
Mumbai | 5th March 2025: Moneycontrol, India’s largest financial platform, is set to host the Global Wealth Summit on March 7, 2025, at the Jio World Convention Centre, Mumbai. With the theme “Next Wave of Wealth Creation: India’s $10-Trillion Market-Cap Opportunity,” the summit will be a high-stakes gathering of India’s top market strategists, global investment stalwarts, top business leaders, and policymakers shaping the nation’s financial future.
As India remains the world’s fastest-growing major economy, it now faces new realities—from global market turbulence and geo-economic fragmentation to a post-boom stock market environment. Against these dynamics, Moneycontrol’s Global Wealth Summit, presented by IDFC First Bank, co-powered by PhonePe, and with associate partners World Gold Council and Reliance Industries, offers a rare opportunity to engage with some of the sharpest minds in finance, business, and investment—leaders who’ve weathered market storms and emerged stronger.
Among the eminent speakers headlining the summit are Neelkanth Mishra, UIDAI Chief & Member, PM Economic Advisory Council, Chief Economist, Axis Bank and Head of Global Research, Axis Capital; Ananth Narayan, Whole-Time Member, SEBI; Ashish Chauhan, MD & CEO, NSE; David Tait, CEO, World Gold Council; and May-Elin Steiner, Ambassador of Norway to India & Sri Lanka. Joining them are top industry leaders such as Prashant Jain, Founder & CIO, 3P Investment Managers; Anish Shah, Non-Executive Director, Tech Mahindra Limited and MD & CEO, Mahindra and Mahindra; GV Ravishankar, MD, PeakXV; Morgan Housel, Author, Psychology of Money, Same as Ever; Director, Markel Group; Mark Coombs, CEO, Ashmore Group; and V Vaidyanathan, MD & CEO, IDFC First Bank, among others.
The event will explore market trends, investment strategies, policy frameworks to accelerate growth, and emerging opportunities across asset classes, with a special focus on equities. Attendees will gain insights on navigating economic uncertainties and crafting winning investment strategies.
Nalin Mehta, Managing Editor, Moneycontrol said, “The Moneycontrol Global Wealth Summit is more than just a conference, it is a premier platform for wealth creation and investment insights. In an era of rapid economic transformation, understanding the complexities of investing has never been more crucial. With the best minds in business, finance, and policymaking sharing the stage, the summit offers unfiltered insights, sharp strategies, and exclusive networking opportunities to help investors navigate and capitalize on the evolving financial landscape.”
Women Entrepreneurs from ‘Bharat’ Drive Digital Shift, Reports Tide
New Delhi, 05 March 2025: Tide1 in India, the leading business financial platform for SMEs, has recorded a 282% surge in women members over the past year adopting digital business tools. Tide has more than 86,226 women members on its platform (sharply up from 22,584 one year ago, in Feb 2024), of which 96% are from Tier 2, 3, 4, and beyond towns (termed as ‘Bharat’). These cities and towns are emerging as centers of growth for SMEs in India.
Women across India—especially from Tier 2 and 3 cities are launching businesses that both fuel their ambition and make a significant contribution to India’s GDP. About 22 million small businesses in India are owned by women, making up around 20% of such businesses in the country. Digital tools are helping more owners, especially in smaller towns, grow their ventures, according to data from over 600,000 small businesses on the financial platform Tide.
Tide data shows that 30% of women entrepreneurs are from the smaller towns in Uttar Pradesh and Maharashtra, representing 16% and 14% respectively. This is followed by 11% from West Bengal, around 9% from Madhya Pradesh and Bihar each, and 5% from Odisha.
General stores, beauty salons, and tailoring businesses lead the way—together making up 31% of all digital enterprises on the platform.
Rise of women solopreneurs
The rise of women solopreneurs is remarkable. Women digital marketers, actors, teachers, bookstore owners, agricultural tool vendors, grocery store owners, and financial consultants, make up over 61% of these ten key sectors.
Gurjodhpal Singh, CEO, of Tide in India, says: “For decades, the entrepreneurship story in India was always about metros and family-run businesses. We are now witnessing a powerful shift in the entrepreneurial landscape of India, driven by ambition, digital access, and a growing support ecosystem. Many of these women are first-generation business owners who are breaking away from traditional legacies, proving that innovation and enterprise are no longer confined to big cities.
Gurjodh adds: “These women are not just using digital tools – they are mastering them to build successful businesses, create jobs, and transform their communities. It’s inspiring to see that 96% of Tide’s women members are from smaller cities.”
Huge changes in culture, technology, and society are leading more young entrepreneurs to use digital business tools. Gen Z (19-25 years) and millennials (26-40 years) make up 78% of the women on the platform.
Tide’s data shows women entrepreneurs from Gen X and Baby Boomers are embracing digital tools, making up to 22% of adopters. A befitting example is, a 89-year-old entrepreneur (bookstore owner) who stands out as a testament to how digital adoption is transcending generations.
The rising number of women entrepreneurs in India highlights a significant shift in societal norms and the expanding opportunities for women in the financial ecosystem.
Out of Tide’s total member base, more than 14% are women. In line with its global Women in Business program to support female entrepreneurs, Tide’s commitment includes policy awareness programs, and partnerships with women-focused incubators such as WE Hub – Telangana’s state-led incubator (India’s first and only state-led incubator), NEHHDC (North Eastern Handicrafts & Handlooms Development Corporation Limited) and Ubuntu Consortium (a Consortium of Women Entrepreneurs Associations) to bring more women under the formal economy through digitization.
Tide is committed to bringing 500,000 women in India onto the platform by the end of 2027, part of a global pledge to support women entrepreneurs.
Magma General Insurance Secures Partnership with Hyundai India Insurance Broking
Hyderabad, March 5th, 2025: Magma General Insurance Limited (Magma), a prominent player in India’s general insurance sector, has entered into a strategic partnership with Hyundai India Insurance Broking Pvt. Ltd. (HIIB).
Under the terms of the agreement, Hyundai India Insurance Broking will offer Magma’s motor insurance products for both private and commercial passenger vehicles across 600+ dealerships in India. The collaboration will enable vehicle owners to access Magma’s comprehensive motor insurance solutions to safeguard against risks such as accidents, theft, natural disasters, and third-party liabilities. The partnership reflects a shared commitment to providing customers with seamless, cost-effective, and accessible insurance services.
The two parties signed the agreement in Gurugram last week in the presence of representatives from both companies.
Sharing thoughts on the partnership, Mr. Sameer Samdani, Whole Time Director and Chief Executive Officer of Hyundai India Insurance Broking, added, “We aim to enhance insurance penetration by offering superior insurance solutions designed in association with the most trusted insurance companies. We are confident that our customers will benefit from Magma’s dynamic approach and solutions. The tie-up reinforces our proposition of delivering “Superior Products and One Class Above Experience to all our customers nationwide.”
Mr. Rajive Kumaraswami, Managing Director and Chief Executive Officer, of Magma General Insurance Limited, elaborated on the partnership, “We are excited to partner with Hyundai India Insurance Broking (HIIB), a wholly owned subsidiary of Hyundai Motor India Limited (HMI), the second-largest carmaker in India. This partnership is a strategic initiative for us to strengthen our passenger car portfolio. Through our bouquet of motor insurance products and more than a decade of expertise in underwriting different customer segments, we shall be able to support Hyundai India Insurance Broking customers with easy access to insurance and quality service across the country.”
With this tie-up, Magma and Hyundai India Insurance Broking reaffirm their commitment to delivering high-quality insurance solutions, ensuring financial security and convenience for vehicle owners across the nation.
CYK Hospitalities Welcomes Lowkey Café to Gurugram
March 5, 2025, Gurugram, Haryana: CYK Hospitalities, a leading F&B consultancy firm, renowned for creating innovative dining experiences, has introduced its latest project, Lowkey Café, in Elan Epic, Sector 70, Gurugram. This newly launched cafe is designed to be a serene getaway for coffee enthusiasts, food lovers, and professionals seeking a peaceful workspace.
Lowkey Café brings a distinctive experience to Gurugram, offering a curated selection of organic dishes, brunch favorites, small plates, and delectable desserts, and a thoughtfully designed space that blends comfort with functionality. The minimal aesthetic and cozy corners make it a perfect spot for reading, remote working, or casual meetings. With a workspace that fosters productivity and a menu that tantalizes taste buds, Lowkey Café is an all-in-one destination for those looking to unwind or work in a relaxed ambiance.
The menu at Lowkey Café features an array of egg-based delicacies like French egg ramekin, Turkish eggs, sandwiches, and gourmet burgers. The menu also extends to sourdough pizzas, sundried tomato and pesto risotto, spinach and ricotta ravioli, quinoa chickpea Buddha bowl, and indulgent desserts like chocolate fondant and classic tiramisu, offering something for every palate.
The cafe features a unique rotation of coffee beans sourced from different regions of India, ensuring a fresh and dynamic coffee experience for its patrons. Complementing this, its in-house “Breads & Brews” concept offers a delightful combination of artisanal bread and signature coffee blends, making every visit an indulgence in flavors and craftsmanship.
At this new project, CYK Hospitalities went beyond just conceiving and branding, it has also set up operations at the establishment. This service ranges from developing customized standard operating procedures (SOPs) to ensuring there is a proper kitchen design, menu engineering, and staff training. The meticulousness of CYK Hospitalities went to an end-to-end solution catering to how the vision of Lowkey Café could be imagined. Strategy ensured that every detail from aesthetic appeal to service efficiency matched the features of the brand and market positioning.
On the side-lines of the project, Lowkey Café, Founder, Vishal Jhoon, said, “Lowkey Café is a passion project birthed out of a need for a space where people could just be themselves. We wanted to create a place that seamlessly blends good food with great coffee and gives that inspiring atmosphere; our idea was to craft this haven where individuals could work, connect, and enjoy a few high-quality brews. Under the guidance of CYK Hospitalities, our dream has practically been fulfilled with their know-how and strategic execution“.
On this project, Pulkit Arora—the person behind the strategic approach of CYK Hospitalities opined, “With Lowkey Café, our objective was to do more than just create another coffee shop; we sought to construct a space—the space that engages communities and complements the changing way of life of a modern consumer. The idea was to plunge the consumer into a space where they would be encompassed by the work-friendly environment of culinary artistry blending into the space. Everything was well thought out from concept to implementation by our team to ensure that nothing is out of alignment with the vision. CYK Hospitalities is a pro in this, creating such experiences, offering a comprehensive suite of services that spreads across branding, operational management, or business development for F&B establishments.“
Lakshay Khurana Secures Injury After Intense Ishq Jabariya Action Scene
Speaking about his action-packed journey, Lakshay shared, “Ever since the track has changed in Sun Neo’s Ishq Jabariya, my role has been all about anger, shouting, and action. I have a lot of action scenes to do. Just a few days ago, I was hanging on a harness for four hours. I have some training in mixed martial arts, so that helps me perform these scenes well. But when you keep doing action scenes back-to-back without proper rest, your body starts feeling the strain. I’m experiencing muscle cramps and stiffness, but I love doing action, so I’m giving my best. It looks like I’m turning into a full-fledged action hero now! Since I’m doing well in action scenes, the makers are writing more of them for me, which is exciting.”
The Ishq Jabariya actor further added, “Of course, injuries happen. People say that action heroes don’t stop even after getting hurt, but I believe it’s important to pause and listen to your body. In TV shows, we have to shoot continuously, no matter what. The script demands it, so we have to do it. But yes, we need to take care of ourselves. Recently, I had to take a tetanus shot because of an injury. My back was completely twisted, and I couldn’t even walk properly. I had to wear a belt while shooting, and even applying balm wasn’t helping. The stress is high, but as actors, we must balance our passion with self-care.”
Tata Capital Secures Milestone as First NBFC to Enhance Website Accessibility
New Delhi, 5th March 2025: Tata Capital, the financial services arm of the Tata Group, has become the first player in the financial services industry to enhance its website with accessibility features for differently abled individuals. Tata Capital’s inclusive website reflects the company’s commitment to fostering inclusivity and ensuring seamless access to financial services for the differently abled.
The revamped website features an accessibility menu catering to diverse user needs, ensuring an inclusive browsing experience. It offers reading assistance for the blind and improves readability for visually impaired users.
Commenting on the initiative, Ms. Abonty Banerjee, Chief Operating Officer of Digital and Marketing, at Tata Capital, said, ” At Tata Capital, we are committed to fostering an inclusive digital environment that ensures equal access to financial services for all users. This initiative reflects our dedication to leveraging technology to remove barriers and empower individuals.”
GUVI and Freshworks Secure Partnership to Empower Teachers with AI3
Delhi, March 5th, 2025: GUVI, a leading vernacular ed-tech platform from the HCL Group, recently concluded Project GENIE (GenAI for Indian Education) in partnership with Freshworks as part of its AI-4-Schools Initiative. The event saw over 1,300 teachers register, reaffirming GUVI’s commitment to fostering AI literacy in Indian classrooms. With a track record of groundbreaking AI-led initiatives—including the Guinness World Record-winning SAWiT.AI Learnathon for Women —GUVI continues to pioneer AI education in India.
Piloted in Tamil Nadu, Project GENIE equipped teachers with future-ready AI skills through a structured three-stage approach. The online Learnathon introduced core AI concepts such as Data Science, Prompt Engineering, and Retrieval-Augmented Generation (RAG) in Tamil. The top 100 educators then advanced to an offline hackathon held at GUVI’s IIT Madras Research Park, Chennai, and HCLTech’s ELCOT IT Park, Madurai, where they created 336 AI-powered educational apps. The initiative concluded with a felicitation ceremony at GUVI’s IIT Madras Research Park, recognizing 20 outstanding educators for their innovative AI-driven teaching solutions.
The felicitation event brought together experts from NASSCOM, UNICEF, and other leading institutions to advance AI-driven learning in schools. The distinguished panel was moderated by Mr. Arun Prakash M (Founder & CEO, GUVI) and featured key figures such as Dr. Radha Varadharajan (Chief Skills Officer, Naandi Foundation), Ms. Sheeba (Principal, Velammal Ology Tech School, Mugalivakkam), Ms. Sornalatha (Principal, Global Pathways School, Coimbatore), Dr. Krishnan Srinivasaraghavan (International Adjunct Professor of Sustainable Development, Amrita Vishwa Vidyapeetham & Former Head of Exploration, UNDP India), Ms. Priya Singh (NASSCOM), and Mr. Jaspreet Gurm (UNICEF). Together, they engaged in insightful discussions to shape the future of AI in education.
HackerKID, GUVI’s gamified coding platform for kids, played a pivotal role in equipping school teachers with essential AI tools. By providing structured learning and hands-on experience, it fostered innovation and strengthened AI-driven learning in classrooms.
“Seeing over 300 AI-powered education apps created by school teachers is truly inspiring,” said Arun Prakash, Founder & CEO of GUVI. “It’s a testament to how technology, when blended with native languages, can transform learning and spark innovation in classrooms.”
“With the success of Project GENIE, we have shattered the perception that AI is only for people in tech,” said Apoorv Johari, Head of GUVI for corporations. “This initiative has shown how AI can enable teachers to enhance education.”
The felicitation ceremony was further enriched by the presence of several distinguished guests, who played a pivotal role in supporting the initiative. These included Mr. Shanmuga Anandaraman, Director of Social Impact at Freshworks, and Mr. Samuel Ebenezer from Freshworks, who were instrumental as internal stakeholders. Other key supporters included Ms. Sheeba Thomas from NASSCOM, Ms. Jyoti, Founder of Meghshala Trust, and industry experts like Mr. Kalaiarasan Pushpanathan from DTCC, Mr. Chandramouli Muralidaran, also from DTCC, and Mr. Kalaiselvan K from Aliaxis. The education sector was well-represented with contributions from Ms. Rosalind Jacobs, Principal of Annai Arul Public School, Mr. D J Ajith, CEO of Olive Public School, and other educators such as Ms. Sheeba from Velammal Ology Tech School, Mugalivakkam, Ms. Sornalatha from Global Pathways School, Coimbatore, and Ms. Samhitha Venkatesh, Director of Ela Green School.
“The success of Project GENIE demonstrates the power of partnerships and collective effort in redefining education through AI,” said S.P. Balamurugan, Co-Founder at GUVI.
Participating educators received accredited certifications from GUVI and Freshworks, along with lifetime access to GUVI’s GenAI course, ensuring continued AI skill development. Through Project GENIE, GUVI is bridging the gap between technology and pedagogy, ensuring that India’s educators remain at the forefront of AI-driven transformation.