Bengaluru, India – February 7, 2025 – Garuda Aerospace, India’s leading drone technology company, gears up to launch 8 advanced drones for defence, safety, and military operations at Aero India 2025.Aero India is India’s premier aerospace and defence exhibition organised by the Defence Exhibition Organisation, Department of Defence Production, Ministry of Defence. As demand for sophisticated unmanned systems continues to surge, Garuda Aerospace is set to showcase groundbreaking technology products aimed at enhancing defence capabilities, disaster management, and logistics.

Garuda Aerospace will introduce several new drones, each designed to address critical needs within the defence sector. The company’s product range will include the Rocket Launcher Drone, offering enhanced firepower, a specialised Land Mine Detection & Diffusement system for safer operations, the versatile Logistics Drone, the Thales Garuda UTM, an advanced unmanned traffic management system developed in collaboration with Thales, a dedicated Firefighting Drone for SDRF (State Disaster Response Force) for rapid response in emergencies, a VR Military Drone Simulator for training Jawans, a Grenade & Cannister Dropping Drone designed for loitering munitions, and the life-saving Life Bouy Drone for the Navy & Coast Guard. With these innovative solutions, Garuda Aerospace is committed to defence operations through the integration of next-generation drone technology.

Furthermore, strengthening its technology capabilities, Garuda Aerospace is set to announce key strategic partnerships with industry leaders and institutions, including Thales, Rajasthan Electronics (REIL), HFCL, DRDO, Tata Elxsi, and the Central University of Jammu. These collaborations are focused on advancing the development of unmanned aerial systems and pushing the boundaries of innovation.

“These partnerships, coupled with our new drone platforms, represent a significant leap forward in our commitment to bolstering India’s defence capabilities”, said Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace. “Aero India 2025 provides the ideal platform to showcase how these innovations will shape the future of defence, security, and humanitarian efforts, addressing critical needs both domestically and internationally. These developments will fuel the expansion and explore new markets further solidifying our position as a global leader in drone technology”, he concluded.

With the upcoming launches and strategic alliances, Garuda Aerospace is poised to create a positive impact at Aero India 2025. Aero India 2025 will be held from 10th to 14th February 2025 at Yelahanka Air Force Station, Bengaluru, India. These advancements are further strengthened by Garuda Aerospace’s impressive portfolio of 20 granted patents, demonstrating a commitment to innovation. Furthermore, the company’s development of moulds for Indigenous manufacturing underscores its dedication to the “Make in India” initiative and its focus on reducing dependencies on foreign imports, solidifying its position as a leader in Indigenous drone technology.

7 February 2025 – Veeba, India’s leading sauces and condiments brand, continues its flavorful journey with Celebrity MasterChef India for the second consecutive year. Building on last season’s success, Veeba returns to the grand culinary stage, where food transforms into a celebration of hard work and dedication. This year, the show takes an exciting turn as renowned television actors and influencers step into the kitchen, channeling their passion into gastronomic excellence.

As an integral part of the Celebrity MasterChef India experience, Veeba’s extensive range of sauces and condiments will inspire the contestants, enriching their culinary creations with bold flavors and versatility. From the stocked pantry to the thrilling Mystery Box challenges, Veeba’s presence will shape the competition, reinforcing its message that effort in the kitchen deserves the ultimate reward—exceptional taste.

This year’s season, premiering on SONY LIV, will feature an esteemed panel of judges including celebrated chefs Vikas Khanna and Ranveer Brar, alongside director and choreographer Farah Khan. With a star-studded lineup of contestants—Gaurav Khanna, Tejasswi Prakash, Dipika Kakar, Rajiv Adatia, Nikki Tamboli, Archana Gautam, Faisal Shaikh (Mr. Faisu), Usha Nadkarni, Kabita Singh, Chandan Prabhakar, and Abhijeet Sawant—the competition is set to deliver a feast of flavors and entertainment.

Veeba’s association with Celebrity MasterChef India aligns seamlessly with its latest campaign, “Mehnat Ka Phal Veeba Hota Hai.” This campaign captures the essence of food as the ultimate reward for hard work—whether it’s overcoming daily challenges, achieving personal milestones, or excelling under the spotlight. Just as contestants push their culinary limits on the show, everyday moments of triumph—big or small—deserve to be celebrated with delicious food.

“We are delighted to collaborate with Celebrity MasterChef India once again,” said Viraj Bahl, Founder and MD, VRB Consumer Products (Veeba & Wok Tok). “Cooking is an act of love and creativity, and great taste is the reward for that effort. Our endeavour is to empower our consumers to experiment fearlessly and bring their unique flavors to life—because life tastes better with Veeba.”

The campaign “Mehnat Ka Phal Veeba Hota Hai” has struck a chord with millions, portraying real-life moments of triumph where food becomes the ultimate celebration. Whether it’s a student acing in school, a professional conquering deadlines, or a someone relishing a home-cooked meal after a long day—Veeba is there to elevate these moments with its delicious and better-for-you range of sauces, spreads, and dressings.

With this season of Celebrity MasterChef India, Veeba reaffirms its commitment to inspiring culinary creativity, making every dish a testament to perseverance, passion, and the joy of rewarding oneself with great food. Tune into MasterChef India on weekdays on Sony Liv App & Sony Entertainment Television at 8pm to witness the magic unfold, where every plate tells a story of dedication, flavor, and celebration.

Gurugram – 6th February 2025 – Uno Minda limited (‘Uno Minda’) has announced its results for quarter ended December 31st, 2024. At a consolidated level, the company reported a strong revenue of ₹ 4,184 cr. for Q3 FY 25 as against ₹ 3,523 cr. for Q3 FY 24, registering the growth of 19%. Growth was driven by multiple businesses, notably- by Lighting, Switches, Casting, EV products, Sensors and Controllers. The Company continues to outperform the industry with revenue growth of 19% vis-à-vis industry volume growth of 7%.

The EBITDA for Q3 FY25 has been reported as ₹ 457 cr. vis-à-vis ₹ 380 cr. in Q3 FY24, growth of 20%. PAT (UML Share) for the quarter is ₹ 233 cr.in Q3 FY25 as against ₹ 193 cr. in Q3 FY24, growth of 21%.

For nine months ended December 31st, 2024, the company reported a revenue of ₹ 12,246 cr. as against ₹ 10,237 cr. for first nine months of FY 24, registering the growth of 20%. The EBITDA for 9M FY 25 has been reported as ₹ 1,347 cr. vis-à-vis ₹ 1,111 cr. in 9M FY 24, growth of 21%. PAT (UML Share) for the nine months is ₹ 677 cr. in 9M FY25 as against ₹ 588 cr. in 9M FY24, growth of 15%.

The Board of Directors has also approved capital expenditure of ₹ 72 cr. for expansion of manufacturing facility of its Aluminium die casting business at Hosur. This will enhance the capacity from 11k MT p.a. to 15k MT p.a to meet the growing demand and business nominations. The enhanced capacity is expected to commence in a phased manner starting from Q4 FY 26.

Mr. Nirmal K Minda, CMD, Uno Minda Group said, “The Indian automotive industry is on a path of rapid evolution, driven by innovation, sustainability, and a favourable economic environment. We saw the glimpses this evolution at the recently concluded Auto Expo Component Show 2025 where Uno Minda showcased splendid display of products aligned with PACE megatrend. We continue to work on ground breaking technologies, facilitating localisation contributing to make in India. With these strategies, we are confident of continued success and help shaping the future of mobility.”

Mr. Sunil Bohra, Group CFO, Uno Minda Group said, “We continued our outperformance during Q3FY25 with growth of 19% in consolidated revenues and 21% growth in PAT (UML Share). Our strategic focus on innovation, diversification, and operational efficiency continues to drive our upward trajectory, solidifying our position as a market leader in the automotive components sector. These initiatives position us for sustainable revenue growth and, most importantly, the creation of long-term value for our stakeholders.”

Particulars	Q3 FY 25	Q3 FY 24	YoY%	Q2 FY 25	QoQ%	9M FY 25	9M FY 24	YoY%
Revenue from Operations	4,184	3,523	19%	4,245	-1%	12,246	10,237	20%
EBITDA	457	380	20%	482	-5%	1,347	1,111	21%
Margin (%)	10.92%	10.78%	15 bps	11.36%	-44 bps	11.00%	10.86%	14 bps
PAT (UML Share)	233	193	21%	245	-5%	677	588	15%
Margin (%)	5.56%	5.47%	9 bps	5.77%	-21 bps	5.53%	5.75%	-22 bps
EPS (diluted) in ₹	4.04	3.35	21%	4.25	-5%	11.75	10.26	15%

India, February 6, 2025: Medi Assist Healthcare Services (“Medi Assist”), India’s leading health benefits administrator, today announced the appointment of Mr. Ashwin Raghav as an Independent Director, further reinforcing its leadership in technology and innovation. The appointment highlights Medi Assist’s commitment to leveraging AI and other cutting-edge technology to transform healthcare benefits administration.

Currently the Chief Technology Officer at Unbound Ventures, Mr. Raghav brings 17 years of experience from global tech giants such as Google, X (formerly Twitter), Thoughtworks, and Zynga. His notable achievements include architecting Google’s Project IDX, demonstrating his ability to scale engineering teams and deliver breakthrough innovations in technology.

This strategic move follows Medi Assist’s expansion late last year, when Mrs. Alamelu TL, Mr. Narain Duraiswami, and Mr. Madhavan Ganesan were added to the board. These appointments further strengthen the company’s governance and strategic capabilities.

Medi Assist extends its gratitude to the outgoing board member, Mr. Ananda Mukerji for his invaluable contribution. His association and leadership has enabled Medi Assist to successfully progress through key milestones.

Satish Gidugu, CEO of Medi Assist said, “We welcome Mr. Raghav to our Board, strengthening our commitment to innovation and growth in healthcare benefits administration. With this strategic addition to our leadership, we continue to focus on harnessing advanced technologies that can enhance how millions of Indians access healthcare benefits and also set new standards for the industry as a whole.”

February 6, 2025: Steered by diversified sales, Shriram Life Insurance Company Ltd grew its Retail New Business to Rs 865 crore for the period April-December 2024, a 49% rise over the same period in the previous year.

For the period April-December 2024, the company’s key focus area Individual New Business APE grew by 49% compared to the same period previous year, growing faster than the private industry at 19%. Total premium for the April-December 2024 stood at Rs 2,782 crore at a y-o-y growth of 21%.

Sequentially, the company’s premium from group business in the third quarter more than doubled from Q2, from Rs 174 crore to Rs 336 crore. The insurer reported individual new business premium income of Rs 322 crore for its third quarter. Renewal premiums for both individual and group policies stood at Rs 494 crore compared to Rs 447 crore last quarter. Total premium increased by 21% to Rs 1,151 crore in Q3FY25 from Rs 952 crore in Q2.

Year-on-year, New Individual Business Premium increased by 36% to Rs 322 crore in Q3 FY25, up from Rs 237 crore in Q3 FY24. New Individual Business APE (Annual Premium Equivalent) rose by 36% to Rs 301 crore in Q3 FY25 from Rs 221 crore in Q3 FY24.

Casparus J.H. Kromhout, MD and CEO, Shriram Life Insurance, said, “Our quarterly results show our commitment to reaching and securing more customers, which also reflects the need for affordable life insurance solutions among various segments of the society. This success highlights effectiveness of our approach to providing accessible, comprehensive solutions, ensuring more families, especially in rural areas, have financial security.”

“At Shriram Life, we remain dedicated to meet the unique needs of the customers, ensuring that no family in the rural segment is left behind. We go above and beyond to ensure seamless service delivery, no matter where our policyholders live,” he added.

The company’s solvency ratio stands at 1.76. Its claim settlement ratio for FY24 was at 98%, with non-investigated claims being settled within 12 hours from the time of full document submission.

Hyderabad, February 6th, 2025: Mr. Jayesh Ranjan, Special Chief Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government presided over the inaugural MoveInSync GCC Conclave 2025 in Hyderabad, today. The event was co-hosted by Humanize AI. The objective of GCC Conclave is to engage with stakeholders and explore areas of talent management, infrastructure, sustainability and innovation in driving GCC growth in the State

Deepesh Agarwal, Cofounder and CEO of global leaders in enterprise commute, MoveInSync, kicked off the conclave presenting key statistics that represent Hyderabad’s growth and state of commute. He said “The Indian GCC market is poised to grow to $100 B by 2030 and over 30% of GCCs chose Hyderabad over other cities. While Hyderabad’s GCC market size increased from 230 in FY19 to 355 in FY24, workforce has also seen an increase from 200,000 to 250,000 during the period. Added to that the population in Hyderabad is likely to grow by 12.7% over the next 5 years. Deepesh further pointed out the challenges faced by daily commuters and pointed at the increasing distance and time taken to commute. Hyderabadis today travel 10% more compared to pre-pandemic distances with about 45% living between 15kms-25kms from their workplace and has witnessed a 13.7% increase of travel time compared to pre-pandemic levels.

Mr. Jayesh Ranjan, Special Chief Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana Government delivered a speech to inaugurate the conclave and said “GCCs have become an important driver of our economy. We have seen in the budget that a national GCC policy is on the anvil. Hyderabad’s performance across all parameters of growth have been one of the best in the country and a large part of this growth has come from GCCs” He further stressed on the need of ‘decentralization’, and Government of Telangana’s Tier 2 City policy that has been framed to incentivize companies to set up offices outside of the city of Hyderabad. He mentioned Medchal in East Hyderabad and Mallampet in South Hyderabad and the Government’s initiative in the regions and further urged businesses to consider organizing their workforce in these regions.

The speech was followed by a fireside chat between Mr. Jagdish Mitra, Cofounder and CEO of Humanize and Sirisha Voruganti, CEO and Managing Director, Lloyds Technology Centre India, on the greater role of AI in businesses in India and the possibilities that lie in artificial intelligence.

Speaking at the conclave, Mr. Jagdish Mitra, Founder & CEO of Humanize said, “India, the innovation hub for GCCs across industries, is poised to host nearly 2,400 captive units by 2030. Driven by key factors such as robust infrastructure, cutting-edge innovation, a thriving talent ecosystem, and business-friendly policies, the future holds immense promise.

Tier 1 cities will play a pivotal role in accelerating this momentum, with Hyderabad, Bengaluru, and NCR already home to 120,000+ AI/ML professionals. Notably, Hyderabad has emerged as a deep-tech powerhouse for Global Captive Centers, offering unparalleled technology and talent support. The growth trajectory of these units will be fascinating to witness, further shaped by progressive policies and a focus on niche technical expertise and enabling Tier 2 cities to attain scale.

I’m delighted to have been part of the insightful discussions at the GCC Conclave, mapping the remarkable journey of Global Captive Centers. Humanize with its focus on Agentic AI based services will undoubtedly remain at the forefront, driving excellence and empowering these units to scale with speed and sustainability.”

The chat was followed by a panel discussion that discussed how GenAI and Emerging Technologies Enhance Service Delivery in GCCs. Noted business leaders like Ashok Venkatachalam, Managing Director, Evernorth Health Services India, Rajesh Puneyani, VP and Managing Director, GCC Site Leader, Kenvue Solutions India GCC, Dr. Durga Prakash Devarakonda, Ex – Managing Director, Carelon, Hari Krishna Verma Nadimpalli, Vice President / Managing Director @ Global Innovation Center, Inspire, Raja Roy, Co-Founder & CTO, Humanize participated in the panel discussion

The conclave ended with a panel that focused on Hyderabad’s Growth Story, its Initiatives in Sustainability, CRE & Mobility Infrastructure. This panel featured Rakesh Singhania, Partner and CFO, Gloplax, Arvind Chittora, Managing Director, Sonoco India Performance Hub, Country Head, Conitex Sonoco India, Annapurna Alladi, Partner Digital Trust, KPMG and Ujjwal Trivedi, Vice President – Product & Growth, MoveInSync

New Delhi, February 6, 2025 – The U.S. Chamber of Commerce’s U.S.-India Business Council (USIBC) will lead a high-level delegation to India Energy Week (IEW) 2025, taking place in New Delhi from February 11-14. As a high-powered gathering of the top energy corporates, international partners, technologists, and innovators, IEW is slated to be the world’s second- largest energy event.

USIBC’s participation at India Energy Week 2025 will feature key engagements including the “The Future of India-U.S. Energy Partnership” with Honorable Minister Shri Hardeep Singh Puri. U.S. and India share a commitment to expanding energy security and enabling deeper cooperation between the private sectors of both countries.

Rahul Sharma, Managing Director of USIBC India, underscored the important work that Indian and U.S. companies are leading. To showcase the strength of the U.S.-India energy partnership in cutting-edge technology and investments. He further emphasized, “The U.S. and India are primed to power up our energy security and economic growth. Both nations share a commitment to energy innovation, new technologies, and strengthening energy supply chains. The two greatest democracies in the world will further strengthen their energy cooperation as a strategic pillar of the bilateral trade and investment partnership.”

Venkat Kannan, President – Gas Power Solutions, Asia, GE Vernova, the lead for USIBC’s Delegation, stated, “As India’s energy transition accelerates, we are excited to partner with USIBC and join the dialogue at India Energy Week 2025. GE Vernova’s capabilities across power, wind, and electrification solutions positions us to play an important role in solving India’s energy trilemma. With over 10,000 employees and a significant manufacturing presence in the country, our commitment to this region is unwavering.”

USIBC congratulates the Government of India on the third edition of the India Energy Week and looks forward to continuing close engagement with Ministry of Petroleum and Natural Gas.

Actor Prajakta Koli and Taaruk Raina, the beloved faces from Mismatched, have sent the internet into a full-blown meltdown with their latest unseen pictures. And honestly? We can’t keep calm! Are they stepping into an all-new project that no one saw coming? Fans have been dissecting every detail. With Dimple (Prajakta) and Rishi (Rohit Saraf) parting ways in the series, could this signal an unexpected new equation? Or are we all just reading too much into it?

Adding fuel to the fire, Prajakta and Taaruk are both seen sporting a never-seen-before look that is dark, mysterious and stylish. Both actors are staying suspiciously quiet, letting curiosity spiral into full-blown theories. Whether it’s romance, a music collab, or a new project, one thing’s for sure – something massive is brewing.

This drop has “major reveal incoming” written all over it. Whether it’s love, art, or an unexpected twist no one saw coming, this duo has sparked a wildfire of intrigue. Stay tuned because this might just be the biggest plot twist of the season!

February 6th, 2025 | Bengaluru, India – India’s EV charging market is at an inflection point, with over $450 million already invested in startups operating charging networks and battery-swapping models. Yet, with only 1 public charger per 135 EVs—far below the global average of 1 per 6–20 EVs—urgent expansion is needed to meet India’s goal of 3.9 million charging stations by 2030. The newly released report, Charging Ahead II by GameChanger Law Advisors and Speciale Invest, provides a deep dive into India’s investment trends, regulatory shifts, and infrastructure challenges, offering strategic recommendations to accelerate the country’s EV transition.

India’s electric vehicle (EV) market has witnessed remarkable growth in recent years, but charging infrastructure remains a critical bottleneck. The country currently has one public charger per 135 EVs, far below the global standard of 1 per 6–20 EVs. To meet its ambitious 2030 EV adoption targets, India needs to install at least 3.9 million charging stations, making charging accessibility one of the most pressing challenges for the industry. The report highlights how scaling up public and private investments, improving policy incentives, and adopting global best practices will be crucial to bridging this infrastructure gap.

Investment in India’s EV charging sector has surged, with over $450 million deployed in public charging networks and battery-swapping models over the last five years. Leading companies like Charge Zone, Tata Power, and Statiq are spearheading expansion efforts, supported by growing investor confidence in the long-term viability of EV infrastructure. The report notes that charging infrastructure investment is expected to continue its double-digit growth trajectory, creating significant opportunities for both domestic and international stakeholders.

Beyond investment trends, “Charging Ahead II” also examines how India can learn from global EV leaders such as California, the UK, and Singapore. These regions have successfully accelerated EV adoption through a combination of policy incentives, public-private partnerships (PPPs), and regulatory clarity. The report suggests that India must adopt similar incentive-driven models and focus on streamlining permits, land acquisition, and interoperability standards to create a more robust charging network.

Standardization and interoperability are key enablers for EV adoption, and India is taking steps to address this challenge. The recent introduction of IS17017-2023, India’s first combined AC & DC charging standard, based on Ather Energy’s LECCS connector, represents a major step toward charging infrastructure efficiency. The report highlights that implementing common charging protocols will reduce infrastructure costs, improve ease of access, and encourage wider participation from private charging operators.

Commenting on the findings, Amrut Joshi, Founder, GameChanger Law Advisors, emphasized the urgent need for regulatory clarity and a structured policy framework to accelerate EV charging infrastructure in India. “India’s EV ambitions are on the right trajectory, but without a well-defined and scalable charging ecosystem, adoption could face significant roadblocks. Our report highlights the critical role that streamlined regulations and incentive-driven models can play in addressing the current infrastructure deficit. The key to success lies in a collaborative approach—where government support, private investment, and technological innovation converge to build a resilient, future-ready charging network that ensures accessibility, affordability, and long-term sustainability.”

Vishesh Rajaram, Managing Partner at Speciale Invest, underscored the massive investment potential in India’s EV charging ecosystem, emphasizing the need for sustainable financing models. “India’s EV transition isn’t just about vehicles—it’s about the infrastructure that enables mass adoption. Charging networks present one of the most exciting investment opportunities in energy and mobility today. To scale effectively, we need a strategic mix of public-private partnerships, innovative financing models, and policy support.”

Key suggestions for Indian Policy Makers

To unlock India’s EV potential, the government must create investment-friendly policies, including tax incentives and blended capital models. Streamlining approvals through a single-window clearance system, enforcing fire-safety standards, and ensuring disabled-friendly charging infrastructure will be critical for attracting institutional and foreign investments into India’s $450M+ EV charging sector.

6th February 2025: Hungama Digital Media, a pioneer in digital entertainment, rebrands its flagship platform, Hungama App, as Hungama OTT. This strategic evolution reflects Hungama’s vision of a unified, all-in-one entertainment destination.

Hungama OTT offers a diverse and premium content library, including binge-worthy Hungama Originals, blockbuster movies, hit music videos, podcasts, audio dramas, and audiobooks. With a rich selection of regional and international hits, the platform caters to a wide audience.

Since its inception, Hungama has been at the forefront of digital entertainment, delivering innovative, user-centric experiences. This rebranding reinforces its commitment to seamless accessibility, ensuring entertainment is always at users’ fingertips. Whether it’s music lovers, movie buffs, or podcast enthusiasts, Hungama OTT remains the go-to destination for immersive entertainment.

The platform enables users to access blockbusters from Hollywood, Bollywood, and regional Indian languages across genres. With its foray into original programming, Hungama is redefining digital content in India. Hungama Originals go beyond conventional storytelling, offering quality narratives to digital audiences.

The Hungama video library includes over 5,000 films in English, Hindi, and regional languages, along with a vast catalogue of 1,500+ short films. Additionally, it features 7,500+ hours of kids and television content and over 150,000 short-format videos across various genres like music, film gossip, humour and spirituality.

With its refreshed identity and expanded content ecosystem, Hungama OTT continues to revolutionize the digital entertainment landscape, offering unparalleled variety and accessibility to users worldwide.