Deloitte Launches The outsourcing compass: Decoding strategies of today
National, 18 February 2025: India’s outsourcing landscape is undergoing a significant transformation, with 81 percent of organisations planning to increase their outsourcing efforts over the next three to five years, according to Deloitte’s latest report, The Outsourcing Compass: Decoding Strategies of Today. This shift is driven by the increasing need for technological advancements, access to specialised expertise, and cost efficiency. As India is set to become the third-largest economy by 2027, the country is reinforcing its position as a key hub for outsourcing and advanced service functions.
The nature of outsourcing is shifting, with organisations moving beyond traditional transactional and back-office services to higher-value, strategic services. AI and automation are playing an increasingly crucial role in outsourcing agreements, with 98 percent of organisations depending on service providers for AI and GenAI capabilities. To optimize these collaborations, companies are embedding AI-specific clauses in outsourcing contracts, ensuring better performance tracking, cost optimisation, and risk mitigation. This shift has led to a rise in outcome-based contracts, now preferred by 36 percent of organisations over traditional FTE-based contracts, reflecting the demand for value-driven, innovation-led collaborations.
The report highlights that better alignment with business strategy (28 percent) has overtaken cost savings as the primary driver for outsourcing. This transition is fuelled by advancements in AI, automation, and digital transformation, which enable organisations to outsource complex functions such as product development, supplier evaluation, and strategic brand management.
Outsourcing models are evolving to include a blend of GBS centers, third-party providers, and flexible talent solutions. According to the report, 55 percent of organisations use GBS centers for governance and oversight while relying on third-party providers for execution and efficiency optimisation. Additionally, 35 percent of organisations have adopted the Build-Operate-Transfer (BOT) model, which enables them to scale capabilities while maintaining long-term operational control. These models offer businesses greater agility, cost efficiency, and seamless integration between IT and business functions.
Yatin Patil, Partner, Deloitte India, said, “Supported by a thriving start-up ecosystem and continuous upskilling initiatives, India is shaping the future of outsourcing by driving cost efficiency and innovation. Nearly 70 percent of organisations engage with non-traditional service providers to optimize costs while gaining access to new-age technologies and innovative solutions.”
While geopolitical stability remains a key consideration for outsourcing decisions, India continues to be a preferred destination due to its expanding services sector, reliable business environment, and strong policy framework. Despite global uncertainties, India’s expertise in digital transformation, cybersecurity, and vendor management has positioned it as a scalable and secure outsourcing hub.
The report indicates that strategic supplier collaborations have enabled organisations to achieve an average annual cost savings of 10–25 percent from their outsourced contracts. Organisations balancing strategic service providers and niche providers have achieved even higher savings of 15–35 percent. As outsourcing engagements become more complex, organisations are strengthening their vendor management strategies, with 45 percent of mature outsourcing firms now operating dedicated Vendor Management Offices (VMOs) to enhance governance, supplier risk management, and outsourcing effectiveness.
As organisations continue to redefine their outsourcing strategies, India is well-positioned to lead the next phase of global outsourcing expansion. With technological advancements, evolving vendor management practices, and a highly skilled workforce, India offers long-term business sustainability, innovation, and cost efficiencies. The findings from the report reinforce India’s role as a cornerstone in global business strategies, driving transformation across industries worldwide.
Hyderabad Achieves Historic Milestone: Massive Human Dove Formation
by Sudha Reddy Foundation Sets New Guinness World Record for Peace
Hyderabad: February 2025: A remarkable demonstration of collective purpose unfolded in Hyderabad today as over 2,111 individuals converged to orchestrate the world’s largest human image of a dove, the quintessential emblem of peace. This extraordinary accomplishment, a testament to the vision of the Sudha Reddy Foundation, has been officially recognized as a Guinness World Record. The event, held at the Lords Institute Of Engineering & Technology from 7:00 AM to 10:00 AM, saw participants, clad in white, coalesce into the breathtaking aerial tableau.
This unprecedented undertaking, orchestrated by the Sudha Reddy Foundation, not only showcased meticulous logistical planning and seamless collaboration but also served as a potent symbol of unity and a fervent call for peace in our contemporary world. The dove, a universally acknowledged icon of harmony and goodwill, was strategically chosen as the centerpiece of this endeavor to catalyze global discourse on the imperative of fostering peace and mutual understanding across communities.
Philanthropist Sudha Reddy, the driving force behind the foundation, expressed profound pride in this historic achievement. “To witness thousands unite in common cause for such a deeply resonant purpose is a source of immense gratification,” she affirmed. “This record transcends mere statistical significance; it stands as a beacon of hope and a powerful testament to the enduring human aspiration for peace.”
The Foundation gratefully acknowledged the indispensable contribution of the enthusiastic participants, whose unwavering dedication and collective spirit were instrumental in transforming this ambitious vision into a tangible reality. This Guinness World Record achievement serves as an inspiration to individuals and organizations worldwide, encouraging them to embrace the principles of peace and cultivate a spirit of solidarity within their respective communities. The Foundation hopes that this event will galvanize a global movement of similar initiatives, propagating the message of peace and harmony far and wide.
The Sudha Reddy Foundation is a philanthropic organization dedicated to positive societal impact through initiatives in social welfare, education, women and child empowerment, and community development. The foundation works across diverse areas with notable partnerships with organizations like UNICEF, the Global Gift Foundation and the Breast Cancer Research Foundation highlight the foundation’s diverse commitments.
Astrikos.ai Reveals New Brand Identity to Advance AI Enterprise Solutions
Bengaluru, 18th Feb 2025: Astrikos.ai, a pioneer in Enterprise Infra AI, unveiled its bold rebranding today, announcing its evolution to drive intelligent, sustainable Enterprise Infra AI solutions across the globe.
The new brand identity reflects Astrikos’ mission to empower enterprises, cities, and governments with AI-driven technologies that optimize operations and drive sustainable growth, for a smarter world. It symbolizes Astrikos’ evolution from an innovator in AI technology to a leader in Enterprise Infra AI solutions, combining a human-centric approach with advanced technology.
“The new branding and logo position Astrikos as a visionary leader in the smart enterprise infrastructure solutions space, effortlessly merging intelligence, sustainability, and innovation. By embracing actionable insights, proactive decision-making, and seamless integration, the rebranding strengthens Astrikos’s commitment to equipping cities, industries, and communities with future-ready solutions. Combining forward-thinking strategies with measurable impact, Astrikos emerges as the partner of choice for organizations driving transformative, sustainable progress.” said Chinmay Hegde, Co-founder, CEO, and Managing Director of Astrikos.ai. He further added, “The rebranding cements Astrikos’ role as a trailblazer in operational excellence, shaping intelligent ecosystems, and empowering leaders to create a smarter, safer, and more sustainable world.”
Astrikos.ai serves a diverse range of sectors, including the Public Sector, Data Centers, Urban
Local Bodies, Smart Cities, Smart Campuses, Manufacturing Units, Healthcare Infrastructure, Public Safety & Emergency Response and Airports. Its esteemed clientele includes over five smart cities across India, the Americas, MENA, and ASEAN, data centers of private sector banks, food and beverage organizations, and major infrastructure and infrastructure management companies, among others. By harnessing the power of predictive analytics, digital twins, and machine learning, the company empowers stakeholders to build resilient, efficient, and sustainable infrastructures for the future.
Primus Partners Report: Web3 to Impact $1 Trillion in Industries by 2029
National, 18th February 2025: India is rapidly emerging as a global frontrunner in the Web3 space, with the technology poised to impact industries valued at over $1 trillion, according to a new report by Primus Partners. The report titled,’ Web3 in 2025: Key Trends and Potential Use Cases to Watch Out For’ reveals its growing popularity in sectors like agriculture, healthcare, logistics, and media, with India playing a pivotal role in driving Web3’s global evolution.
Web3 is revolutionizing sectors with its decentralized solutions, which enable greater transparency, security, and efficiency in operations. In India, more than 60% of corporations are either currently researching or implementing Web3’s blockchain technologies to streamline activities, build trust, and reduce operational costs. The country has a good share of developers in the global Web3 community. With widespread and mainstream adoption expected to occur by the end of 2025, Web3 is set to impact industries valued at over $1 trillion.
Key Insights include:
- India’s Web3 Developer Share: India leads the global Web3 developer community with 12%, ranking first among emerging markets. In 2024, it attracted the highest number of new crypto developers recorded yet.
- Market Growth: The global Web3 market is projected to reach $23.3 billion by 2028, growing at a CAGR of 43.7% from 2021.
- Investment in Infrastructure: Major platforms and developing ecosystems like Polygon have received over $450 million in funding, while 5ire secured $221 million for blockchain interoperability and rapid scaling.
- Regulatory Developments: The EU’s MiCA regulation seeks to establish a broad Web3 crypto framework for over 500 million citizens, while the U.S. crypto task force plans to shape regulations for digital assets worth $1 trillion.
- Adoption Trends: By the end of 2025, it is anticipated that 25% of global enterprises will adopt Web3 technologies, up from 5% in 2022.
Web3’s Application Across Industries:
- Agriculture: Blockchain can reduce food fraud by 30%, improving traceability and ensuring safer food supply chains.
- Manufacturing & Logistics: Web3 can lower logistics costs by up to 20% by enhancing tracking and efficiency, while blockchain cuts paperwork by 50%, making transport operations more streamlined.
- Education: With blockchain’s document verification, concerns about the authenticity of academic credentials can be addressed, increasing trust for about 70% of employers.
- Real Estate: Tokenization can reduce transaction costs by 10-15% and speed up the process by 50%, while smart contracts can automate rental payments and reduce late payments by 40%.
- Governance: Blockchain-based digital identities will soon be used by close to 1 billion people in providing details for secure verification, while blockchain implementation in land registries can reduce the chances of duplication, disputes, theft, and fraud.
- Healthcare: Blockchain can decrease healthcare fraud by 50% and improve patient trust through enhanced data security and transparency.
Government’s and Industry’s Interplay in Promoting Web3 Growth:
The Indian government is actively fostering Web3 growth through initiatives like the Block chain-as-a-Service model developed by the Ministry of Electronics and Information Technology, which provides infrastructure for permissioned blockchain applications. It is also developing a regulatory framework and promoting public-private partnerships to unlock Web3’s potential. Also, sector-specific solutions are being created, particularly in agriculture and healthcare, with projects like Vishvasya- Block Chain Technology Stack and the National Block Chain Strategy. These efforts, involving over 30 active government departments, are building a trusted digital infrastructure to support broader Web3 adoption.
Challenges to overcome:
Web3 adoption in India faces deep challenges like regulatory uncertainty, low consumer trust, and complex supply chains. 62.4% of industry leaders call for clearer regulations, while Web3 is still seen as tied to speculative trading. Despite these obstacles, India has a strong foundation for Web3 growth, with block chain and token systems set to drive innovation, transparency, and inclusivity in its digital economy. India is well-positioned to lead the Web3 revolution and transform necessary digital interactions.
Quotes of Thought Leaders:
Shravan Shetty: “India’s proactive steps in nurturing Web3 adoption, such as the Block Chain-as-a-Service model, are pivotal in providing the infrastructure needed to support permissioned block chain applications and drive innovation. Collaboration between public and private sectors is essential for realizing the full potential of Web3 in India, especially in sectors like agriculture and healthcare, where tailored solutions can drive significant advancements.”
Cornitos introduces Crusties: A Taste Revolution Begins
New Delhi, February 2025: Cornitos, a leading snack innovator in India, introduces Crusties in innovative and exciting new flavors. The wavy-shaped crispy snack is launched in Korean Chilli, Fiery Peri Peri, Sour Cream & Onion flavors along with Cheese Balls in Classic Cheese balls and Honey Chilli Potato Balls. Crusties is a bold and exciting range of corn and potato-based snacks that are baked, not fried, and crafted using healthy corn oil.
Adding to the uniqueness of Crusties each pack now features a comic strip on the back, designed to revive the joy of comic reading among snack lovers. This innovative touch brings an extra layer of entertainment, making snack time even more enjoyable.
Vikram Agarwal, Managing Director, Cornitos, said, ” We wanted to create something special and offer snack lovers an option that’s not only delicious but also fun. Crusties is a combination of bold flavors, a superior corn-based recipe, and a touch of nostalgia. It is more than just a snack; it’s an invitation to an experience. Every crunch takes you back to the world of comic adventures, turning every snack into a story waiting to unfold”. He further adds, “With introducing few products in the market and judging by the excitement and response, we feel we have succeeded”.
Crusties is relaunched to offer innovative and trendy flavours, that are popular among snack lovers. With in-depth research by the R&D team and assessing the gaps in the market, Cornitos along with its quality experts focused on developing a snack that balances health and taste, while redrafting flavors to match current trends, with dedication leading to the selection of Korean, Peri Peri and Sour Cream & Onion, the popular choices among consumers.
Each flavor of Crusties is carefully crafted to deliver a unique taste sensation: Crusties Korean Chili, inspired by bold Korean cuisine, combines smoky gochugaru spice with a hint of sweetness for an irresistible punch. Crusties Fiery Peri Peri delivers a zesty blend of African bird’s eye chili and aromatic spices, perfect for those who enjoy a spicy thrill. For a classic and satisfying taste, Crusties Sour Cream & Onion blends the creamy richness of sour cream with the sharp zest of onion.
Crusties Classic Cheese Balls offer a golden, airy crunch coated in rich, creamy cheese seasoning, making them a comforting delight. Meanwhile, Crusties Honey Chili Potato Balls strike the perfect balance between sweet honey and fiery chili, creating a bold and irresistible contrast.
Available at shop.cornitos.in and at leading retail outlets, e-retail platforms, and modern trade stores for an economical price of just Rs 10.
With the latest innovation, Cornitos is redefining the snacking experience by blending irresistible crunch with bold, vibrant flavors & unique shapes, offering consumers a guilt-free and engaging way to satisfy their cravings.
Cornitos invites consumers to join the Crusties craze and discover a world where snacking is more than just a habit—it’s an adventure.
Screen Time and Healthy Habits: Navigating Optimal Development in Children
by Dr. Ravi Kumar C P, Consultant – Paediatric Neurology, Aster CMI Hospital, Bangalore
The colourful digital landscape of India has rushed in, transforming childhood experiences via cell phones and tablets. Children today traverse a screen-dominated environment, ingesting digital content like never before. While technology has unquestionable benefits, there is growing worry over excessive screen time and its impact on children’s development.
Statistics offer a bleak picture. Indian children use screens for an average of 3-4 hours each day, often surpassing suggested limits. This tendency is influenced by cultural issues such as nuclear households, affordable smartphones, and a lack of outside play areas. Juggling work, managing domestic tasks, and finding alternatives to screen-based entertainment are all issues for parents.
Recognising the Effects of Screen Time:
The recommended screen time restrictions differ depending on age group. Children under the age of two should avoid screens entirely, enabling their brains to grow through real-world interactions and sensory experiences. Less than an hour of well-prepared, co-viewed instructive content is best for children aged 2 to 5. Excessive use of these boundaries may pose dangers in a variety of sectors.
- Physical Health: Excessive screen time promotes a sedentary lifestyle, which increases the risk of obesity, diabetes, and posture issues. Sleep disruptions are another typical complication, affecting cognitive performance and overall well-being. Children who are addicted to screens for long periods may experience eye strain and headaches.
- Cognitive Development: Excessive screen usage may impair attention spans, memory consolidation, and critical thinking skills, according to research. According to research, there may be a correlation between delayed language development and poor academic performance in the early years. This emphasises the need to prioritise real-world interactions and unstructured play, which promote brain development and problem-solving abilities.
- Social and Emotional Development: Face-to-face interaction is essential for the development of empathy, social skills, and emotional intelligence. Excessive screen usage might interfere with these features, perhaps leading to isolation, anxiety, and difficulty building healthy relationships. Cyberbullying adds a new layer of worry, necessitating parental awareness and open conversation with children who navigate the internet world.
Healthy Habits for Optimal Growth:
It is critical to combat the sedentary tendency of screens. Encourage physical activity by enrolling your child in sports, going on family walks, or setting aside time for outside play. To boost cognitive growth, eat a well-balanced diet rich in fruits, vegetables, and whole grains. Set a consistent nighttime ritual and restrict screen time before bed to prioritise quality sleep. Outdoor activities and playdates are important for social and emotional development because they build real-world encounters and friendships.
Practical Parenting Strategies:
- To limit screen time, use parental controls and time management applications.
- Provide enjoyable alternatives such as board games, reading, arts & crafts, or outdoor experiences.
- Set a good example by limiting your screen usage, especially in the presence of your children.
- Openly discuss the necessity of healthy behaviours and responsible screen use with your child.
- If necessary, seek help from family, friends, and childcare professionals.
Initiatives in the Community:
India is working to address this issue. National campaigns such as the ‘Digital Shakti’ campaign encourage responsible digital use. Schools may play an important role in incorporating appropriate technology use into curricula. Parents, educators, and communities can work together to create a supportive atmosphere that promotes good digital habits.
The digital age provides numerous options, but combining screen time with healthy behaviours is critical for raising healthy children. Make your child’s well-being a priority by providing a tech-balanced environment rich in healthy activities, social connections, and meaningful interactions. Let us work together to guarantee that Indian children navigate the digital environment with resilience, breadth, and optimal development.
Additional Tips for Parents –
- Set strict screen time limits and stick to them.
- Make your home a tech-free zone, including mealtimes, bedrooms, and family outings.
- Choose informative and age-appropriate content that may be watched and discussed together.
- Make outside activities, sports, and creative play a priority.
- Make family time a daily ritual by engaging in conversations, games, and shared experiences.
Axis Bank & Hurun Release ‘500 Most Valuable Non-State Run Companies’ List
New Delhi, February 18th, 2025: Burgundy Private, Axis Bank’s Private Banking Business, and Hurun India, launched the ‘2024 Burgundy Private Hurun India 500,’ the fourth edition of the list of India’s 500 most valuable companies. These companies are ranked according to their value, defined as market capitalization for listed companies and valuations for non-listed companies. This list exclusively includes companies headquartered in India, excluding state-owned companies and subsidiaries of foreign and Indian companies.
To qualify for inclusion in the ‘2024 Burgundy Private Hurun India 500’ list, companies must have a minimum value of INR 9,580 crore, equivalent to US$1.1 billion, as of 13 December 2024. The average age of the companies on this list is 43 years. The combined value of the 2024 Burgundy Private Hurun India 500 companies amounts to INR 324 lakh crore (US$3.8 trillion). Over the same period last year, BSE SENSEX increased by 27%, NIFTY 50 grew by 30% year–on–year (YoY), whilst the S&P BSE 500 rose by 38%.
Commenting on the launch, Amitabh Chaudhry, Managing Director and Chief Executive Officer, Axis Bank, said: “Burgundy Private is delighted to partner with Hurun India once again to celebrate India’s 500 most valuable companies. The 2024 Burgundy Private Hurun India 500 report is a remarkable snapshot of India’s corporate landscape, which is undergoing unprecedented transformation. By rethinking strategies, innovating, and adapting to new realities to stay ahead of the curve, the companies featured on this year’s list have seized growth opportunities to emerge as exemplary leaders in their respective industries. With capital markets becoming more dynamic than ever, these companies have demonstrated vision, resilience, and agility to create immense value for their stakeholders.
The entry threshold for the Burgundy Private Hurun report has jumped 43% this year to INR 9,580 crore, making every company nearly a billion-dollar entity. This is a testament to India’s growing economic prowess. These companies are significantly contributing to fortifying the nation’s economic framework by employing 8.4 million individuals, paying INR 2.2 lakh crore in taxes, and allocating INR 10,939 crore towards CSR initiatives. Collectively valued at US$3.8 trillion, these 500 companies’ values are higher than the GDP of India as well as the combined GDPs of UAE, Indonesia, and Spain.
At Axis Bank, we are proud to support India’s growth story. Through Burgundy Private, we empower our clients to seize transformative investment opportunities, leveraging our ‘One Axis’ ecosystem to deliver tailored wealth management solutions. With our AUM growing to over US$24 billion, a 31% YoY increase, we remain a trusted partner for India’s wealthiest families. As we unveil the 2024 report, we are excited to witness the transformative impact of these companies in creating new opportunities and driving India toward its goal of becoming a US$5 trillion economy.”
Anas Rahman Junaid, Founder and Chief Researcher, of Hurun India, said: “The companies from 2024 Burgundy Private Hurun India 500 make up the ‘backbone’ of India’s private sector, wielding significant economic influence. Between them, they have a cumulative valuation of US$3.8 trillion, which is higher than India’s annual GDP, and employ 8.4 million people. If you want to understand how the Indian economy is developing, understanding the stories behind 2024 Burgundy Private Hurun India 500, India’s most valuable companies, is a great place to start.”
“2024 Burgundy Private Hurun India 500 shows how India’s economy has gone through a massive change in just three years. Eighty-two of the 2024 Burgundy Private Hurun India 500 are new faces. Another way of looking at it is that more than one-third of the companies from three years ago have dropped off. Analyzing these new faces and drop-offs provides insight into the shift in the economy. The industries with the most new entrants were industrial products, healthcare, and energy, while the industry with the most drop-offs was financial services.”
“Only 33 of 2024 Burgundy Private Hurun India 500 made the Hurun Global 1000. One reason is that these Indian companies are, relatively speaking, very young. The average age of 2024 Burgundy Private Hurun India 500 is 43 years, 24 years younger than the average age of the Hurun Global 500.”
“The qualification threshold for the 2024 Burgundy Private Hurun India 500 has increased from INR 6,700 crore to INR 9,580 crore, reflecting the financial growth of Indian enterprises. For the first time, every company on the list has achieved billion-dollar status. The cumulative revenue of these companies is US$ 1 trillion, which is more than a quarter of India’s GDP.”
“At the heart of this list is the remarkable diversity, spanning from the venerable 192-year-old P N G Jewellers to startups founded as recently as 2021. This blend of historical legacy with innovative entrepreneurship symbolises the dynamic and evolving nature of India’s economic landscape, showcasing its strength and adaptability on the global stage.”
“Nearly 60% of Burgundy Private Hurun India 500 companies, ranked by value, do not appear in the Fortune India 500, which is ranked by revenue. The Hurun 500 prioritizes future profit potential over current sales. Our list does not include state-owned enterprises, so India’s most valuable state-owned listed company, State Bank of India, worth about INR 7.7 lakh crore, is not on the list. Well over 100 Indian state-owned companies could have made our list, both listed companies and non-listed companies, such as LIC, NTPC, ONGC, and so on.”
“Indian startup IPOs have been gaining strong momentum, reflecting renewed investor confidence in the ecosystem. In the 2024 Burgundy Private Hurun India 500, startups not only reversed their INR 4 lakh crore valuation decline from 2023 but also added INR 4.4 lakh crore in value. Zepto, Physics Wallah, and Oyo secured fresh funding rounds at higher valuations, while listed startups saw a sharp rise in market capitalization. Zomato alone added INR 1.7 lakh crore, contributing to a total INR 3.9 lakh crore valuation gain across all publicly listed startups. This surge underscores growing optimism in the startup IPO market, signalling a robust pipeline for future public listings.”
“More Indian companies are going global! According to 2024 Burgundy Private Hurun India 500, 296 companies—59% of the list—have an international presence, with 31 operating in over 100 countries. As India’s economy nears US$3.7 trillion, this global expansion is driving foreign exchange earnings, strengthening trade partnerships, and attracting investments, positioning India as a formidable force in the world economy.”
“Financial services lead 2024 Burgundy Private Hurun India 500 with 63 companies valued at INR 62 lakh crore, contributing 19% of the total. This reflects rising credit penetration, strong investor confidence, and India’s status as a global financial hub.”
“2024 Burgundy Private Hurun India 500 reflects India’s rapidly evolving economy. Aerospace & Defence registered a 74% increase in valuation. This surge is fuelled by commercialization, global collaborations, and a strong focus on advanced technologies and space missions.”
“The education sector has experienced a Compound Annual Growth Rate (CAGR) of 47% in revenue over the past four years. One significant entrant in the 2024 Burgundy Private Hurun India 500, Physics Wallah, has reported the highest growth with a 172% increase from the previous year and an absolute value increase of INR 14,900 crore.”
“Market dominance redefined – Tata holds the crown, Adani strengthens its grip, and Reliance proves that size isn’t everything! Tata Group has retained its leading position with 15 companies, contributing 10% of the total cumulative value in the 2024 Burgundy Private Hurun India 500. Adani Group expanded its presence by adding one more company, bringing its total to 9 companies this year. Despite having only 3 companies, Reliance Group secured the second rank in cumulative value, highlighting its significant market impact.”
“The business map of 2024 Burgundy Private Hurun India 500 list is changing. While Mumbai and Bangalore saw declines, Haryana advanced. For the first time since the inaugural list, Haryana has moved up two spots to join the top three states in the 2024 Burgundy Private Hurun India 500 ranking. This year, major cities like Mumbai and Bangalore experienced a decrease in the number of companies, while smaller cities such as Hyderabad, Gurugram, and Noida saw a significant increase, indicating a shift in India’s business landscape.”
“Burgundy Private Hurun India 500 companies are employing more people than ever. In 2024, their workforce grew by 20%, adding nearly 1.4 million new jobs and expanding to a total of 8.4 million employees. These companies now employ around 16% of India’s total workforce, highlighting their significant role in national employment.”
“Women now occupy 17% of board seats in 2024 Burgundy Private Hurun India 500, reflecting the impact of growing gender diversity initiatives and workplace policies aimed at fostering equal opportunities. Across the year, 13 women have stepped into leadership roles, showcasing the evolving landscape of executive representation.”
“Despite India’s rapid business growth, the 2024 Burgundy Private Hurun India 500 highlights a critical gap—there isn’t a single AI company on the scale of OpenAI or DeepSeek in the list. While global leaders leverage AI for efficiency and innovation, many Indian enterprises have yet to unlock its full potential. If India wants to stay globally competitive, accelerating AI adoption and fostering homegrown AI giants must be a priority.”
“Hurun India is proud to partner with Burgundy Private, Axis Bank’s private banking business for the Top 500 Indian companies list for four consecutive years. This collaboration highlights the crucial role of Indian companies’ growth and their contribution to driving business expansion within the Indian financial ecosystem,” concluded Anas Rahman Junaid, Founder and Chief Researcher, at Hurun India.
Methodology
The 2024 Burgundy Private Hurun India 500 is a list of the 500 most valuable companies headquartered in India. Government/state-owned companies and subsidiaries of foreign and Indian companies are excluded. Although the cut-off date for the list is December 13th, 2024, we have made an exception for Vishal Mega Mart, Inventurus Knowledge Solutions, and Sai Life Sciences, for whom we have considered the closing market cap of the listing day. The aforementioned companies were in the process of going public/ getting listed during the cut-off date.
Valuing private companies is as much an art as it is a science. Hurun India may have missed a few companies on the list, but we endeavor to develop the most comprehensive report of its kind to identify and acknowledge India’s top businesses. Hurun Report’s team of researchers has traveled the length and breadth of the country, cross-checking information with entrepreneurs, industry experts, journalists, bankers, and other publicly available data sources.
For unlisted companies, Hurun Research’s valuation is based on a comparison with their listed peers using prevailing industry multiples such as Price to Earnings, Price to Sales, EV to Sales, and EV to EBITDA. Other methodologies, such as Discounted Cash Flow and Tobin’s Q, are also used. Financial information is from the latest annual reports or audited financial statements.
Novocaine Brings Action & Comedy on March 14, 2025 – Trailer Out Now
Love can be a powerful force – but what happens when it’s tested like never before? Novocaine is a high-stakes action thriller with a pulse-pounding love story at its core. When the girl of his dreams is kidnapped, everyman Nate turns his inability to feel pain into an unexpected strength in his fight to get her back.
Directed by Dan Berk and Robert Olsen, Novocaine delivers a gripping mix of action, romance, and suspense, pushing Nate to his limits as he fights against impossible odds. Packed with intense chases, raw emotion, and a story that proves love is worth every battle, this is one ride you won’t want to miss.
The film stars a powerhouse cast featuring Jack Quaid, Amber Midthunder, Ray Nicholson, Betty Gabriel, Matt Walsh, Lou Beatty Jr., Van Hengst, Conrad Kemp, and Jacob Batalon.
Produced by Safehouse Pictures and Circle Management + Production, in association with Infrared Pictures, Paramount Pictures presents this thrilling love story that redefines the lengths we’ll go for the ones we love!
Mark your calendars for 14th March 2025 and get ready for a fast-paced, hilarious, and packed with jaw-dropping action – Novocaine also in 4Dx!
Guillain-Barre Syndrome: Mechanisms, Risk Factors, and Comprehensive
By Dr. Keerthi Kundana Consultant Pediatric Neurologist, Ankura Hospital for Women and Children
Guillain-Barre syndrome (GBS) is a rare condition that causes sudden muscle weakness affecting most of the body.
What is Guillain-Barre Syndrome?
Guillain-Barre syndrome (GBS), also known as acute inflammatory demyelinating polyradiculoneuropathy (AIDP), is a neurological disorder where the body’s immune system responds abnormally and attacks the peripheral nervous system—the network of nerves outside the brain and spinal cord.
As a result, the nerves cannot transmit signals effectively and the muscles begin to lose their ability to respond to the brain’s commands, which causes weakness and abnormal or absent reflexes.
The condition can arise suddenly and require immediate hospitalization. Symptoms may worsen over a few days or take several weeks to worsen, with the most severe weakness usually occurring within the first two weeks of onset.
Muscle weakness, pain in limbs, tingling, and numbness are some of the symptoms that can progress into paralysis. However, the majority of patients recover completely from the illness with treatment.
Who is at an increased risk of developing Guillain-Barre Syndrome?
This syndrome, Guillain-Barre syndrome, can occur in anyone, in children or adults.
Symptoms of Guillain-Barre Syndrome
Although Guillain-Barre syndrome (GBS) symptoms might differ from person to person, some typical indicators are as follows:
- A tingling or weakness that starts in the legs and spreads to the arms and upper body.
- severe pain in the legs or back
- A neurological exam reveals a loss of deep tendon reflexes.
The condition may worsen to cause muscle paralysis, breathing difficulties, and problems with blood pressure and heart rate. GBS is a medical emergency and needs immediate treatment.
The condition can be fatal in extreme cases, but most people recover significantly. Some will experience chronic fatigue, pain, or muscle weakness, and around 3 out of 20 will require long-term assistance with mobility. Since GBS symptoms mimic many other diseases, a diagnosis by a healthcare provider is crucial.
Guillain-Barre syndrome is a rare condition with an unknown exact cause. However, in about two-thirds of cases, individuals experience an infection within six weeks before symptoms appear. These infections may affect the respiratory or gastrointestinal system and can include illnesses like COVID-19.
What is the cause behind the surge in Pune?
The surge in Pune is being linked to Campylobacter jejuni, a major cause of food-borne infections and a leading trigger of Guillain-Barre syndrome (GBS) worldwide, according to a BBC report.
The connection between this pathogen and GBS was first identified in the 1990s in rural China, where it was commonly found in chickens. Experts observed that GBS outbreaks occurred during the monsoon season as children came into contact with water contaminated by chicken or duck droppings.
While undercooked poultry is the most common source of Campylobacter jejuni infections globally, experts note that it can also spread through contaminated water, similar to diseases like cholera or salmonella.
Can Guillain-Barre Syndrome Be Prevented?
In most cases, Guillain-Barre syndrome cannot be prevented. Researchers are still uncertain why some individuals develop GBS after an illness while others do not. However, maintaining overall health may help reduce the risk. Here are some steps that may be beneficial:
- Wash your hands frequently.
- Avoid close contact with individuals who have stomach flu or other infections.
- Maintain a healthy diet and exercise regularly to support your immune system.
- Regularly clean and disinfect frequently touched surfaces like tables, toys, door handles, phones, and bathroom fixtures.
- Stay updated with recommended vaccinations.
Treatment
The treatment is targeted to halt the progression of weakness and accelerate recovery. While most individuals make a full recovery, severe cases can be life-threatening. Although the recovery process can take several years, many people regain the ability to walk within six months of symptom onset. However, some may experience long-term effects such as weakness, numbness, or fatigue.
The treatment includes giving IVIG injections (Intravenous Immunoglobulin) or plasmapheresis. The earlier the treatment is started, the better the recovery. Good supportive care with adequate nutrition, Physiotherapy, prevention of bed sores, prevention of infections, and prevention of deep venous thrombosis form an important part of the treatment process. Sometimes prolonged ventilator support may also be needed.
Conclusion
Guillain-Barre syndrome (GBS) is a very severe condition that can lead to sudden health complications. The good news is that with appropriate treatment, most people recover well, though the journey can be long and challenging. While the recovery process may feel daunting, your healthcare team will be there to guide and support you.
India’s Zero-Waste Fashion Vision: $3.5 Billion Opportunity, 1 Lakh Jobs
Mumbai, India, 18.02.2025: Primus Partners, in collaboration with the Government of Maharashtra, has released a thought leadership report outlining a clear and actionable path toward a zero-waste textile industry in India by 2047. The report was presented by the Hon’ble Minister of Textiles, Mr. Sanjay Savkare, at Bharat Tex 2025, with Maharashtra serving as the Knowledge Partner.
Titled ‘Making India a Zero-Waste Fashion Country’, the report provides a strategic framework to integrate sustainability, circular economy principles, and resource efficiency across the textile value chain—from farm to foreign. The opportunity to address textile waste is valued at $3.5 billion over the next five years, requiring robust policy support, industry collaboration, and active consumer engagement.
Dignitaries and leaders from Maharashtra, including Chief Minister Shri. Devendra Fadnavis, Deputy Chief Ministers Shri. Eknath Shinde and Shri. Ajit Pawar, Industry Minister Shri. Udit Samant, Textile Minister Shri. Sanjay Savkare, and the Principal Secretary of Textiles, Cooperation, Marketing and Textiles Department Smt. Anshu Sinha contributed invaluable insights to the report. They emphasized the government’s ongoing commitment to transforming India’s textile sector through sustainability and circular economy initiatives. Additionally, input from government officials, industry leaders, and academics provided a clear understanding of the challenges and opportunities in making India a global hub for zero-waste fashion.
Emphasizing Maharashtra’s proactive approach, Mr. Virendra Singh, Secretary of Public Health and Former Secretary of Textiles, outlined the state’s initiatives to promote sustainable practices. He highlighted key measures such as fiscal incentives, research initiatives, and skill development, encouraging the sector to adopt these advancements for a greener and more competitive future.
The report presents a comprehensive analysis identifying key barriers to the adoption of sustainable practices, based on a survey conducted among industries and citizens. These challenges include financial constraints, limited adoption of green technologies, skill gaps, low awareness and demand for sustainable products, and fragmented policies. Additionally, the growing influence of ultra-fast fashion, driven by social media trends, has further exacerbated the issue of textile waste.
The report integrates the 5F approach—Farm, Fiber, Factory, Fashion, and Foreign—to ensure sustainable practices are embedded at every stage of the textile value chain. By addressing key sustainability challenges, it promotes organic farming, eco-friendly fiber production, waste-reducing manufacturing techniques, circular fashion principles, and alignment with global sustainability standards. This holistic strategy not only minimizes environmental impact but also strengthens India’s position as a leader in sustainable textiles.
The report outlines key recommendations to drive sustainability in India’s textile industry. It emphasizes financial incentives and support, including subsidies for green initiatives and the establishment of a dedicated fund for circular economy projects. To enhance textile-waste infrastructure and market development, it proposes setting up Textile Waste Collection Centres. Strengthening the policy and regulatory framework, the report calls for a National Policy for Sustainable Textiles and an Extended Producer Responsibility (EPR) Scheme for the sector. Additionally, it highlights the need for transparency and awareness through revised textile labeling regulations, public education campaigns on eco-friendly fashion, and skill development initiatives to position India to lead globally in zero-waste fashion, setting a benchmark for the world.
Kanishk Maheshwari, Co-Founder & Managing Director of Primus Partners, expressed his optimism and commitment to a sustainable future while also expressing his gratitude, stating,” We are incredibly optimistic about the future of India’s textile industry and deeply grateful for the invaluable support of Shri. Devendra Fadnavis, Shri. Eknath Shinde, Shri. Ajit Pawar and the highly accomplished industrial leaders and academicians. With their backing, we are not just envisioning a zero-waste future – we are making it a reality. To tackle India’s textile waste issue, a comprehensive approach is essential, including a unified B2B digital marketplace for pre-consumer waste, consumer education, revised textile labeling, and skill development. The introduction of an Extended Producer Responsibility scheme will also be transformative, holding producers accountable for the lifecycle of their products and positioning us at the forefront of a sustainable, circular economy.”