Hexnode UEM Gets Smarter with Genie: AI-Driven Script Generation and Troubleshooting

Scripting has emerged as a powerful tool for automating processes and improving operational efficiency. However, it also presents challenges for IT admins. Managing a diverse set of devices while simultaneously developing and maintaining scripts can be time-consuming and error prone. To address these challenges, Hexnode introduced Hexnode Genie, an AI-powered assistant integrated within the Hexnode UEM.

Genie allows IT admins to easily generate custom scripts in PowerShell, Bash, Shell, or Python using simple natural language prompts. Additionally, Genie provides real-time chat assistance, improving troubleshooting and enhancing operational efficiency.

Script in Seconds
As IT environments grow more complex and work becomes more distributed, IT admins are under constant pressure to manage an increasing number of tasks quickly and efficiently. Managing a diverse range of devices, ensuring security compliance, and addressing urgent service requests all contribute to a heavy workload. Faced with these demands, IT teams often struggle to keep pace with the need for automation, relying heavily on manual scripting methods that are not only time-consuming but also prone to errors.

With Hexnode Genie, IT admins can generate customized scripts for Windows and macOS devices in mere seconds using simple natural language prompts, suiting the user requirements specified in the portal. This AI-powered tool eliminates the need for extensive coding knowledge, offering a low-code solution that empowers teams to automate repetitive tasks easily.

Genie also allows users to edit and adjust the generated scripts using the built-in script editor to suit their specific needs, ensuring each script meets their organization’s unique requirements. Beyond customization, admins can validate their scripts with Genie to ensure they will run as expected, saving time and avoiding errors.

AI chat assistant
Hexnode Genie isn’t just a powerful script generator; it’s also a real-time chat assistant that allows admins to troubleshoot more efficiently. Seamlessly integrated within the Hexnode UEM console, Genie is designed to provide instant assistance across a wide range of queries, ensuring that support is always readily available for device management.

Hexnode Genie provides extensive support through quick references to help documentation, detailed explanations of its features, step-by-step guidance, and troubleshooting assistance, thus reducing downtime for IT admins. In instances where queries remain unresolved or require further clarification, users have the option to engage directly with Hexnode’s live technical support team.

What’s next for Hexnode Genie
As Hexnode Genie evolves, it is set to improve its features, especially in policy recommendations and customized reports. By analyzing each organization’s requirements and comparing them to industry best practices, Genie will be able to suggest optimal policy settings tailored to each unique environment. Admins can also generate custom reports with natural language queries.

MapmyIndia Q3 FY25 Revenue grew 24.5% YoY and EBITDA grew 15.7% YoY

New Delhi, India, 29th January 2025: C.E. Info Systems Ltd. (“MapmyIndia”), India’s leading advanced digital maps and deep-tech products and platforms company, announced today its financial results for the Third Quarter and Nine months of FY2025 ended on 31st December 2024.

Financial Highlights for Q3 and 9M FY25:

Particulars (Rs Cr) Q3 FY25 Q3 FY24 YoY % Growth 9M FY25 9M FY24 YoY % Growth
Revenue from Operations 114.5 92.0 24.5% 319.7 272.5 17.3%
Total Income 123.9 103.6 19.6% 348.8 298.3 16.9%
EBITDA 41.7 36.0 15.7% 122.0 114.4 6.7%
EBITDA Margin (%) 36.4% 39.0% 38.2% 42.0%  
PAT 32.3 31.1 4.0% 98.6 96.2 2.5%
PAT Margin (%) 26.1% 30.0% 28.3% 32.0%  
Cash & Cash Equivalents (including financial instruments) 603.8 516.1 603.8 516.1  

Commenting on the Q3 and 9M FY25 results, Rakesh Verma, Chairman & Managing Director, MapmyIndia, said “In Q3 FY25, we successfully operationalized the joint venture with Hyundai Autoever in Indonesia, marking an important step in expanding our global footprint. As part of our long-term strategy, both the Mappls App and the Mappls brand will continue to be the integral part of the organization.

On the financial front, our revenue for Q3 FY25 reached ₹115 crore, showing a 25% YoY growth. Over the first nine months of FY25 (9M FY25), our revenue grew to ₹320 crore by 17%, up from ₹273 crore during the same period last year.

In terms of profitability, our EBITDA for Q3 FY25 was ₹42 crore, yielding a margin of 36%, compared to ₹36 crore in Q3 FY24 at 39%. For the first nine months of FY25, our EBITDA stood at ₹122 crore, with a margin of 38%, as compared to ₹114 crore and 42% margin recorded in the same period last year. We will continue to prioritize the Mappls App as a key strategic asset while we will calibrate the costs associated from Q4 onwards. Our Profit After Tax (PAT) for the first nine months of FY25 was ₹99 crore, up from ₹96 crore in 9M FY24.

In Q3 FY25, Consumer Tech & Enterprise Digital Transformation (C&E) revenue surged by 39% to ₹65 crore, while Automotive & Mobility Tech (A&M) revenue had a steady growth of 9% to ₹49 crore. In the first nine months of FY25, our A&M revenue grew by 16% YoY, while our C&E revenue saw a 19% increase. Our Map-led business delivered a very strong 33% growth to ₹87 crore in Q3 FY25, while the IoT-led business had a growth of 4% during the quarter due to delays in some anticipated business. However subscription services grew 31% year on year for the quarter. Our continued focus to build IoT-led business with higher margin subscription revenue has resulted in the IoT-led EBITDA margin to grow from 8% in 9M FY24 to 12% in 9M FY25.

Our efforts in the previous quarters culminated in securing a major deal with one of the largest global social media networks across all their app platforms in India, as well as significant wins in the burgeoning quick commerce space and BFSI vertical, which had a strong positive impact on our C&E business. We also made significant strides in customer acquisition and deepened relationships with existing clients through upselling and cross-selling initiatives. This included notable go-lives and project wins across various sectors, such as automotive, fleet management, tech startups, traditional corporations, government and defence.

Piramal Pharma Limited Announces Results for Q3 and 9M FY25

Mumbai, India | January 29, 2025: Piramal Pharma Limited (NSE: PPLPHARMA | BSE: 543635), a leading global pharmaceuticals and wellness company, today announced its standalone and consolidated results for the Third Quarter (Q3) and Nine Months (9M) ended 31st December 2024.

Particulars Q3FY25 Q3FY24 YoY Growth 9MFY25 9MFY24 YoY Growth
Revenue from Operations 2,204 1,959 13% 6,397 5,619 14%
   CDMO 1,278 1,134 13% 3,659 3,101 18%
   CHG 654 576 14% 1,928 1,782 8%
   ICH 278 252 10% 819 747 10%
EBITDA 350 330 6% 977 815 20%
EBITDA Margin 16% 17%   15% 15%  
Share of Net Profit of Associates 17 14 22% 57 47 20%
Net Profit After Tax 4 10 (64)% (62) (83) NM

Key Highlights for Q3FY25/9MFY25

  • Revenue from Operations grew by 14% YoY for 9MFY25, primarily driven by high-teen growth in the CDMO business
  • EBITDA grew by 20% YoY for 9MFY25, supported by operating leverage, cost optimization initiatives and superior revenue mix
  • Net-Debt to EBITDA ratio maintained at 2.8x
  • Best-in-Class Quality Track Record – No pending observation at any of our US FDA inspected sites
  • Significant Step Towards Sustainable Operations – Converted the coal-fired steam boiler at our Digwal facility to operate on biomass briquettes, a carbon-neutral fuel source. This will eliminate ~24,000 tCO2e1 GHG2 emissions annually accounting for about 17% of our total emissions

 Nandini Piramal, Chairperson, Piramal Pharma Limited said, “FY25 so far has been a steady year for the Company with revenue growth of 14% and EBITDA growing at 20%. Our CDMO business continues to deliver robust performance with 18% revenue growth along with EBITDA margin improvement in 9MFY25. This performance was largely led by innovation related work. Our CHG business registered an early-teen revenue growth during the quarter on the back of strong volume growth in our Inhalation Anesthesia portfolio. In our ICH business, power brands continue to register about 19% growth.

The quarter also marked a significant milestone in our journey towards sustainable manufacturing with the conversion of coal-fired steam boiler at our Digwal facility to operate on biomass briquettes. This will significantly reduce our GHG emissions – underscoring our unwavering commitment towards the planet.”

Key Business Highlights for Q3 and 9M FY25
Contract Development and Manufacturing Organization (CDMO):

–          CDMO business delivered high-teen revenue growth for 9MFY25 driven by continued traction in the on-patent commercial manufacturing and generic API business

–          Timely capacity expansions and targeted BD1 efforts resulting in YoY growth in RFPs, however customer decision making is prolonged

–          Continued YoY improvement in EBITDA Margin driven by better revenue mix and initiatives towards better procurement strategies, cost optimization and operational excellence

–          Maintained our best-in-class quality track record with successful clearance of 365 regulatory inspections (including 45 US FDA inspections) and over 1,800 customer audits since FY2012

–          Converted the coal-fired steam boiler at our Digwal facility to operate on biomass briquettes, a carbon-neutral fuel source. This is expected to eliminate ~24,000 tCO2e GHG emissions annually, accounting for about 17% of total emissions

–          Biotech Funding – CY2024 funding improved over CY2023, enough to replenish biotech cash burn but not enough to accelerate R&D spends

 

Complex Hospital Generics (CHG):

–          Inhalation Anesthesia (IA) sales in the US tracking healthy volume growth driven by order wins for Sevoflurane and Isoflurane

–          Capacity expansion at Dahej and Digwal underway to capture IA opportunities in the RoW markets. Seeing month-on-month increase in production output

–          Maintain our #1 Rank in the US in Sevoflurane (40%+ market share1) and in Intrathecal Baclofen (70%+ market share1). Mitigo (intrathecal morphine sulphate) also delivered encouraging growth during the quarter

–          Maintaining EBITDA Margins – Cost optimization initiatives in the areas of sourcing, manufacturing, distribution, and operational excellence, showing results

 

India Consumer Healthcare (ICH):

–          ICH business delivered double-digit revenue growth in Q3 and 9MFY25 amidst tepid consumer demand in the industry

–          Power Brands grew at 19% YoY during 9MFY25, driven by robust performance in Little’s, Polycrol and CIR. Power Brands contributed to 48% of total ICH sales

o   Excluding i-range, which was impacted by regulatory price control, growth in power brands was about 26% for 9MFY25

–          Added 16 new products and 23 new SKUs in 9MFY25

–          Launched our new media campaign with Mrunal Thakur for Lacto Calamine

–          E-commerce sales grew at over 40% YoY in Q3FY25 and contributed 20% to ICH sales. Present on more than 20 E-commerce platforms

 

Particulars Quarterly Nine Months
Q3FY25 Q3FY24 YoY  Change 9MFY25 9MFY24 YoY  Change
Revenue from Operations 2,204 1,959 13% 6,397 5,619 14%
Other Income 12 62 (80)% 93 149 (38)%
Total Income 2,216 2,020 10% 6,490 5,768 13%
Material Cost 806 675 19% 2,277 1,940 17%
Employee Expenses 556 524 6% 1,695 1,535 10%
Other Expenses 504 491 3% 1,541 1,478 4%
EBITDA 350 330 6% 977 815 20%
Interest Expenses 103 106 (2)% 318 334 (5)%
Depreciation 197 186 6% 574 544 5%
Share of Net Profit of Associates 17 14 22% 57 47 20%
  Profit Before Tax 67 52 29% 142 (16) NM
Tax 63 9 582% 204 35 479%
Net Profit after Tax 4 42 (91)% (62) (51) NM
Exceptional item (32) NM (32) NM
Net Profit after Tax after Exceptional Item 4 10 (64)% (62) (83) NM

KPMG India and The Hashgraph Group AG Partner to Revolutionize Enterprise Blockchain with Hedera Technology

29 January 2025 – KPMG in India, a leading professional services firm, and The Hashgraph Group (THG), a Swiss-based international business, venture capital, and technology company operating exclusively within the Hedera ecosystem, today announced a strategic alliance, aimed at accelerating the impact and enterprise adoption of blockchain and Distributed Ledger Technologies (DLT) across industry sectors, leveraging Hedera’s platform capabilities and its enterprise-grade DLT network.

The alliance is expected to see KPMG in India and The Hashgraph Group AG (THG) collaborating to enable and advance blockchain adoption, thereby aiming to deliver transformative benefits to enterprise clients globally and across various sectors. The strategic alliance is expected to aim to offer co-branded and joint go-to-market solutions, leveraging THG’s Hashgraph for Enterprise (H4E) product suite to enable businesses to benefit from secure enterprise-grade solutions built on the Hedera with service level agreements (SLAs).

DLT implementations are rapidly transitioning from nice-to-have to must-have decisions as we further advance into the future of a decentralized and interconnected Web3 economy. The growing adoption of DLT is expected to continue to gain traction for enterprises, with this technology now empowering many industries through its distributed ledger system. The evolution of  DLT as a technology, to a complete digital infrastructure, showcases its unique abilities to boost security, reduce costs, and enable everyday transactions to be more efficient, affordable, and convenient, while saving energy and meeting environmental, social, and governance (ESG) criteria and reporting requirements.

Speaking on the alliance, Chaitanya Gogineni, Partner, Digital Lighthouse, KPMG in India said “We are excited to join forces with The Hashgraph Group to build innovative Digital Ledger Technology (DLT) led tools and enable digital transformation for our clients. This alliance is built on a shared vision of empowering businesses to harness the power of DLT, unlocking new opportunities and creating lasting value”.

To this effect, this strategic alliance is expected to combine KPMG in India’s extensive expertise in the area of advisory and consulting services with Hedera’s leading DLT platform to create robust, secure, and energy-efficient decentralized solutions that can be easily, safely, and seamlessly integrated. The alliance could also look at addressing critical challenges and enterprise needs in areas such as digital identity (DID), digital product passport (DPP), sustainability, supply chain management, asset tokenization, and more.

Stefan Deiss, Co-Founder & CEO of The Hashgraph Group stated, “This strategic alliance with KPMG in India represents a pivotal moment in combining the strengths of a leading professional services firm with the technological power of Hedera as the world’s leading layer-1 protocol to enable organizations with Hedera-powered post-quantum enterprise solutions. We are excited to embark on this joint go-to-market journey with KPMG in India and look forward to empowering businesses to compete in the Web3 economy.”

Additionally, the structured collaboration in the productization and commercialization of DLT for enterprises, might enable KPMG in India and THG to pool engineering resources, advisory expertise, investments, and strategic Web3 capabilities to serve the growing demand for enterprise ready blockchain-powered solutions, with the achieved synergy expected to strengthen both KPMG in India and THG’s global market presence, while increasing client reach and enhancing service delivery through a joint go to market strategy and unified project execution.

Krishna Tyagi, Head of Web3 at KPMG in India said “Today blockchain technology has the potential to revolutionize various sectors by providing secure, transparent, and efficient solutions. Our alliance with The Hashgraph Group is expected to enable us to offer our clients immense value and drive innovation in the digital economy enabled by blockchain technology.”

Hedera leverages its Hashgraph consensus algorithm to achieve high speed, security, and scalability. It’s low, predictable fees, and carbon-negative footprint make it ideal for enterprise applications ranging from decentralized finance to sustainability solutions to supply chain management. Governed by some of the world’s leading organizations, including the 32 Hedera Governing Council members Hedera offers a trusted and robust quantum-resistant infrastructure for businesses and institutions.

Anindya Roychowdhury, Head of Global Partnerships at The Hashgraph Group said “Having spent a large part of my professional career with KPMG in India, I am delighted to have facilitated this important collaboration. India is emerging as the world’s 1 destination for Web3, and this strategic alliance will establish Hedera as the preferred DLT protocol for governments and enterprises; we have already made significant inroads through our local presence in India and expect to scale massively over the coming years.”

Samantha Kochharr to Lead Skill Competitions at WorldSkills International as New Manager

New Delhi, January 2025: Worldskills recently appointed Samantha Kochhar as the Skill Competition Manager for WorldSkills International. This historic milestone further solidifies India’s presence on the global stage of excellence in the hairdressing industry.

Samantha Kochharr, a trailblazer in the hair and beauty industry, has been shaping the sector since the age of 11. With an impressive career spanning decades, she brings extensive experience in national and international film, fashion, and creative arts. As the Managing Director of Blossom Kochhar Aroma Magic and the Blossom Kochhar Group of Companies, she has successfully combined entrepreneurial expertise with her creative flair.

She is the first Asian to hold this position, breaking barriers and setting new benchmarks for the industry.

In addition to her professional accomplishments, Samantha Kochharr is also an author and her spiritual journey has profoundly influenced her work, reflected in her book, Arribada: The Arrival, which provides a unique perspective on healing and self-discovery.

Speaking about her new role, Samantha Kochharr said, “I am deeply honored to be entrusted with the responsibility of serving as the Skill Competition Manager for WorldSkills International. This role represents an opportunity to contribute to the global standards of the hairdressing industry.”

Samantha Kochharr’s appointment is a testament to her relentless dedication, vision, and commitment to nurturing talent and innovation. Her leadership continues to inspire professionals worldwide, while her achievements pave the way for India’s continued recognition as a global leader in the beauty and wellness sector.

Abhay Chheda Steps into VP Role for Syndication and Distribution Across Atrangii, Ullu, and Hari Om OTT

Atrangii, Ullu, and Hari Om OTT have announced the appointment of Abhay Chheda as Vice President – Syndication and Distribution. With nearly two decades of experience in the media and entertainment industry, Abhay is a distinguished professional renowned for his proficiency in content acquisition, syndication, and digital distribution. Prior to this , has held leadership roles at GoQuest Media Ventures, where he led key business verticals for over eight years. He has also been associated with Buddha Pictures, overseeing international syndication and Disney UTV Studios, where he contributed to global marketing campaigns and international theatrical distribution.

He will lead the Business Syndication team, with his role encompassing syndication and distribution of content across the platforms.

Vibhu Agarwal, Founder & CEO of Hari Om, Atrangii, and Ullu, shared, “Abhay Chheda’s appointment marks a significant step in our journey to explore content syndication across various languages and genres, along with the distribution of our content. His experience, creativity, and leadership will play a pivotal role in driving our vision for all three varied platforms forward.”

On taking up his new role, Abhay Chheda shared, “I am genuinely excited to join Vibhu Agarwal Group’s OTT platforms and collaborate with a team that is deeply committed to revolutionizing content on Indian OTT. With my expertise in international content syndication and distribution, I look forward to taking the platforms to newer heights and audiences worldwide”

Atrangii, Hari Om, and Ullu OTT are set to embark on an exciting new chapter, delivering a diverse array of content from different Indian and international languages that captivates audiences and sets new benchmarks in entertainment.

Unlock Entrepreneurial Success: Infosys and Saïd Business School Join Forces on New Course

Oxford, UK and Bengaluru, India – January 29, 2025: Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, and Saïd Business School, University of Oxford, one of Europe’s leading entrepreneurial business schools, today announced the launch of the ‘Springboard StartSmart: Foundations for Entrepreneurs’ course. Leveraging Infosys Springboard, the free digital learning and reskilling platform, the course is aimed at new entrepreneurs and small and medium enterprises (SMEs). The collaboration aims to empower entrepreneurs and SMEs with the skills and knowledge needed to thrive in today’s dynamic business landscape.

Through this collaboration, Oxford Saïd’s accredited courses will be tailored to the specific needs of young entrepreneurs empowering them at all stages of their entrepreneurial journey, from early-stage founders to those considering starting their own businesses. The course will aim to democratize the overall learning process and equip learners with the knowledge and tools required to embrace digital transformation, apply fundamental business concepts, and leverage the potential of emerging technologies, including AI tools.

Manos Kapterian, Chief Operating Officer at Oxford Saïd, said, “While the UK fosters a strong culture of innovation and entrepreneurship, nearly 60 percent of small British businesses and start-ups face failure within the first three years. Providing access to the right tools and mentorship are vital ingredients to the success of these start-ups. We are pleased to form this collaboration with Infosys, bringing our world-class business education to even more aspiring entrepreneurs and SMEs, helping them to have a positive impact in their communities.”

Thirumala Arohi, EVP and Head – Education, Training, and Assessment, Infosys, said, “We are committed to harnessing the collective strength of our technology and people to transform the communities we work in. By bridging the digital divide through world-class digital learning opportunities, we aim to create a more equitable society and nurture a new generation of business leaders. Our collaboration with Oxford Saïd Business School and our digital learning platform, Springboard, provide the tools to achieve this goal. In the UK, one of the most entrepreneurial countries globally, this course has the potential to equip entrepreneurs with the right tools, enabling them to thrive in the ever-evolving business landscape while solving important global challenges.”

Infosys’ joint efforts with Oxford Saïd build on Infosys’ successful collaborations with local councils across the UK to provide access to learners with vital digital skills and resources. Since the launch of the initiatives in 2021 over 50,000 registered users are actively benefiting from over 10,000 courses offered through the Infosys Springboard platform.

CHICBUN Is Here to Transform Bengaluru’s Gourmet Burger Experience

Bangalore; India 2025 – Bangalore’s ever-evolving food scene has a fresh addition that’s making waves—CHICBUN, a gourmet slider concept created by Skope Kitchens. Known for its innovative approach to dining, Skope Kitchens has poured its expertise into crafting a brand that elevates sliders from overlooked menu items to culinary highlights.

With CHICBUN, Skope Kitchens has taken a thoughtful approach by helping them to fill a gap in Bangalore’s burger landscape. Sliders – smaller, flavor-packed versions of traditional burgers; are brought to life with premium ingredients, bold flavor pairings, and meticulous preparation. Each slider tells a story of quality and creativity, setting CHICBUN apart from typical fast-casual options.

The experience extends beyond the food. CHICBUN‘s vibrant and chic branding ensures the presentation reflects the gourmet nature of the offerings. The packaging has been designed with care to match the brand’s modern and playful identity, making it ideal for casual lunches, quick bites, or social gatherings.

The thoughtfully designed menu caters to a diverse range of palates, with every slider crafted to perfection, ensuring both vegetarian and non-vegetarian options stand out:

  • The Truffler Slider (Beef): Indulge in the richness of a smashed beef patty layered with melted cheese, sautéed mushrooms, caramelized onions, and a luxurious truffle-infused sauce.

  • Maple Blaze Chicken Slider: A harmonious balance of sweet and spicy, featuring crispy fried chicken dipped in maple sriracha butter, complemented by house pickles, creamy coleslaw, and melted cheese.

  • Spicy Paneer Stack Slider: Crispy fried paneer paired with crunchy lettuce, house-made pickles, and a drizzle of signature sauce for a burst of flavor.

  • Chick’o Slider Duos (Chicken): Double the delight with golden fried chicken, fresh lettuce, house-made pickles, signature sauce, and melted cheese—served with fries and your choice of dip.

  • The Wild Buffalo (Chicken): Crispy fried chicken coated in bold buffalo sauce, topped with fresh lettuce, creamy mayo, and house-made pickles—accompanied by fries and a dip of your choice.

To complement the sliders, the menu offers a tempting selection of appetizers, including a variety of vegetarian and non-vegetarian fries, onion rings, and chicken tenders.

For a sweet finish, foodies can indulge in desserts such as  the Hazelnut Brownie with Vanilla Ice Cream, Double Chocochip Brownie with Vanilla Ice Cream, or the decadent CHICBUN Choco Fudge Sundae.

Enhancing the overall couch cuisine, loaded fries and distinctive house-made dipping sauces further elevate the menu, making it a treat for all occasions.

“Our vision with CHICBUN was to reimagine sliders in a way that combines accessibility with gourmet quality,” says Arvind Krishnan, Krishna, Founder and CEO at Skope Kitchens. “We saw an opportunity to innovate and create something that delivers bold, satisfying flavors without compromising on creativity or quality.

Skope Kitchens plays a crucial role in bringing CHICBUN to life, from concept development to execution. By sourcing premium ingredients and designing a creative menu, it ensures CHICBUN stands out for its quality and innovation. As CHICBUN makes its mark on Bangalore’s culinary scene, Skope Kitchens solidifies its reputation as a key player behind exciting food ventures.

Smart Term Plan Plus by Axis Max Life Offers 2x Return of Premium

New Delhi, January 28, 2025: Axis Max Life Insurance (“Axis Max Life”/ “Company”) has announced the launch of the Axis Max Life Smart Term Plan Plus (UIN: 104N127V01), a non-linked, non-participating, individual pure-risk life insurance plan designed to address diverse needs and life stages, with coverage tailored for customers’ needs. It offers a benefit to receive up to 200% of the total premium, paid-back as a special exit value with no additional premium to be paid to avail this benefit.

The plan also offers women-centric features tailored to the unique requirements of this customer segment. It includes a maternity cover benefit that safeguards against pregnancy complications and also covers the new-born for congenital anomalies for upto 3 years of birth. It offers Lifeline Plus benefit that allows the female Life Insured to increase the coverage in case of her spouse’s death for upto 50% of Base Sum Assured, or Rs. 50 lakhs (whichever is lower). Most significantly, the plan offers a 15% discount on premiums for female policyholders compared to male policyholders. Moreover, salaried females are eligible for an additional 15% discount on the first year premium which can be up to total discount of 27.75% on first year premium.

Prashant Tripathy, Managing Director and CEO, Axis Max Life, comments, “While awareness of term insurance is increasing, its penetration in India remains significantly low, leaving a substantial protection gap for many families. The Axis Max Life Smart Term Plan Plus is designed to address this critical need by offering affordable and accessible protection to a wider segment of the population. With its flexible options and competitive pricing, the plan is an attractive and budget-friendly choice, particularly for young customers. I am confident that by making term insurance more accessible and affordable with this plan, we can play a crucial role in bridging the protection gap and building a more financially secure India.”

Key Features of the Axis Max Life Smart Term Plan Plus (subject to policy terms and conditions):

  • Rebalancing cover: One of the variant (rebalancing cover) of the plan offers auto rebalance of Life cover Sum Assured and Accidental Death Benefit (ADB) cover Sum Assured.
  • Multiple Plan Options: The policy includes unique variants, such as “Return of Premium,” “Early ROP Plus,” “Smart Cover,” and “Whole Life Cover,” each designed to address specific customer needs.
  • Special Exit Value: Policyholders can receive up to 200% of the Total Premiums Paid back (excluding GST) from the 30th policy year onwards, ensuring higher value at the point of exit.
  • Smart Cover: Designed for families with young children, this feature provides 1.5X coverage for the first 15 years, helping ensure more robust protection during the early years of financial responsibility.
  • Whole Life Cover: Offers coverage until the age of 100 years, providing policyholders with long-term financial security, regardless of when the claim occurs.
  • Income Protection Cover: Option to receive monthly income payouts in the event of death, available as either level income payout or inflation-proof payout.
  • 15% Discount for Salaried Individuals: The plan offers a 15% discount on the first-year premium for all salaried professionals, making it more accessible for a wider range of customers.
  • Inbuilt Cover Continuance Benefit: Flexibility to defer the due premium for a period of up to 12 months from the due date of first unpaid premium, while maintaining the full risk cover under the base plan and attached riders (if any).

The Axis Max Life Smart Term Plan Plus, which has 7 variants, meets the rising demand for adaptable financial security in India. Despite growing awareness, only 31% of urban Indians have term insurance (Axis Max Life IPQ 6.0 Survey) revealing a protection gap. This plan, with its flexible options, empowers individuals to create a safety net for their families, aligning with Axis Max Life’s commitment to financial empowerment

Driving India’s Sports Infrastructure Revolution: The Gallant Sports Initiative

New Delhi, 28th January 2025: Gallant Sports and Infra, a pioneer in sports infrastructure development, is transforming India’s sports landscape with the successful completion of multiple landmark projects across the country. These achievements reinforce Gallant Sports’ mission to lead India’s sports infrastructure agenda, bridging the gap between talent and opportunity in both urban and rural areas.

From advancing grassroots sports in Bihar to building state-of-the-art facilities in the challenging terrain of Ladakh, Gallant Sports is paving the way for a brighter future for Indian athletes.

Transformative Projects:

  • Chapra, Bihar: A 22,000 sq. ft. multi-sports facility was developed under SAIL’s CSR initiative. This facility features a Box Cricket ground with football field markings, two tennis practice walls, and two cricket practice pitches. By introducing artificial surfaces, it empowers aspiring athletes in rural Bihar to compete at state and national levels.

  • Leh, Ladakh: In one of its most ambitious undertakings, Gallant Sports built a 12,000 sq. ft. Futsal ground in Leh, overcoming harsh winter conditions with temperatures dropping to -20°C. This project exemplifies the company’s dedication to ensuring world-class sports facilities reach even the remotest parts of India.

  • Faridabad, Haryana: A sprawling 51,408 sq. ft. sports complex in KRM Faridabad offers facilities for football, basketball, tennis, paddle tennis, and cricket. Designed for diverse sporting interests, this complex sets a new benchmark for multi-sports infrastructure, enabling athletes to train at professional-grade venues.

  • Trivandrum, Kerala: Gallant Sports developed a 21,900 sq. ft. football field for the Green Valley Education Society. This facility underscores the company’s commitment to nurturing young talent by providing high-quality infrastructure to educational institutions.

  • Pickle Ball and Padel Tennis Courts: Gallant Sports has been a pioneer in the installation of fastest growing sports: pickleball and padel tennis. Gallant Sports is now a certified pickleball court builder meeting USP standards, having installed outdoor and indoor vinyl pickleball floors. Key projects include Pickle Ball courts at Conscient, Gurgaon, and Kolhapur, along with six Padel Tennis courts across Gurgaon, Faridabad, and Delhi.

Nasir Ali, CEO of Gallant Sports, expressed his vision: “For us, building sports infrastructure isn’t just about constructing facilities; it’s about creating opportunities. Each project embodies our belief in India’s potential to become a global sports powerhouse. From grassroots development to overcoming extreme climates, our work is a testament to innovation, resilience, and passion.”

Shaping the Future of Indian Sports

Gallant Sports continues to push boundaries, redefining the standards for accessible, world-class sports infrastructure. By addressing diverse needs and delivering excellence across varied terrains, the company is empowering athletes nationwide to chase their dreams and elevating India’s position in the global sports arena.