India’s Solar Sector Hits 60 GW with Domestic Manufacturing Rubix Data
Mumbai, March 18, 2025: Rubix Data Sciences, a leader in risk management and monitoring, has released an insightful sectoral report on India’s solar energy landscape, highlighting the country’s remarkable progress in renewable energy. As India aims to achieve its ambitious goal of 500 GW of clean energy capacity by 2030, the report provides an in-depth analysis of key growth drivers, policy initiatives, and market dynamics shaping the nation’s solar sector.
India’s solar sector is expanding rapidly, having surpassed the 100 GW installed capacity milestone – an achievement that places it among the world’s top solar energy producers. Over the past decade, solar capacity has grown at an impressive 38% compound annual growth rate (CAGR), now accounting for over 60% of the country’s total renewable energy portfolio. In FY2024 alone, India added a record 24.5 GW of solar capacity, more than double the previous year’s installations. The report also highlights a shift toward self-reliance, with solar module imports from China declining from over 90% in FY2022 to 65% in FY2024, while exports surged 23-fold, while exports surged 23-fold touching nearly USD 2 billion in FY2024. These developments underscore India’s growing influence in the global renewable energy sector.
Commenting on the findings, Mohan Ramaswamy, Co-Founder and CEO of Rubix Data Sciences, said, “India’s progress in solar energy is remarkable, as we continue to grow rapidly and expand our capabilities. By focusing on local manufacturing and reducing dependence on imports, we are paving the way for a cleaner, more sustainable future. The opportunities ahead are immense, and we are committed to driving innovation in this exciting sector. The pace and presence of the industry is irrefutable, and with relentless efforts, India is already on its way to becoming a global clean energy leader.”
As India continues to expand its renewable energy capacity, the outlook for the solar sector remains strong. With increasing government support, foreign investments, and technological advancements, the country is well on track to achieving its ambitious clean energy targets. Rubix Data Sciences remains committed to delivering valuable industry insights, helping businesses and policymakers make informed decisions in the renewable energy space.
Cisco Paves the Way for the Future with Agentic AI Collaboration
ORLANDO, Fla., March 18, 2025 — At Enterprise Connect, Cisco (NASDAQ: CSCO) will unveil its vision for agentic AI collaboration, along with new AI-powered collaboration solutions designed to create futureproofed experiences for customers, employees and IT teams. Cisco is driving toward a future where AI anticipates customer and employee needs, addresses challenges, fulfils intent and further enhances productivity for all. New agentic AI innovations include the general availability of the Webex AI Agent for enhanced customer experience. Additional solutions announced across Collaboration Devices and the Webex Suite include new workflows in AI Assistant for Webex Suite to streamline employee experiences, Webex Calling Customer Assist, and AirPlay on Cisco Devices for Microsoft Teams Rooms.
“Enterprises are starting to realize the potential of agentic AI. It is reinventing what it means for people and technology to work together across the physical and digital worlds,” said Jeetu Patel, Executive Vice President and Chief Product Officer, Cisco. “Our customers love how Webex AI is built seamlessly into the way you work. Working alongside employees increasing efficiency, improving employee sentiment and enhancing overall customer experiences.”
Creating Customer Experience Centers with AI
Traditional contact centers, primarily reactive in addressing customer inquiries, are evolving into experience centers where every interaction is an opportunity to provide exceptional interactions with customers. Webex is making this possible with the Webex Customer Experience portfolio with tools like AI Agent and AI Assistant for Contact Center that seamlessly answer customers’ questions and integrate with back-office systems for automated intent fulfillment. New AI solutions include:
- Webex AI Agent: With general availability planned for March 31, 2025, the Webex AI Agent is a 24/7, self-service solution with natural, human-like interactions. It works alongside human agents to answer routine and high-volume customer questions and executes actions to fulfil customer requests, while eliminating the need for queues or wait times. It integrates out of the box with Webex Contact Center and combines natural sounding conversational intelligence with real-time automation for customers to resolve issues and queries as if they were speaking or messaging with a human.
- Cisco AI Assistant for Webex Contact Center: To improve agent and customer service experiences, the generally available Cisco AI Assistant for Webex Contact Center has new features planned for Q2 2025, including suggested responses and real-time transcription for agents. These will join previously available features including context transfer summaries, dropped call summaries, Agent Wellbeing, topic analytics and automatic customer satisfaction scores (Auto CSAT).
Delivering AI-Powered Employee Experiences for End Users and IT
In today’s digital era, employees expect intelligent and efficient collaboration experiences. AI-powered solutions deliver seamless collaboration and bolster productivity for every employee, from the end users who depend on our products daily to the IT professionals who ensure smooth operations. Employees can use some of these tools as they become available later this year to increase their productivity with workflow automation that streamlines routine tasks, easily customize and manage AI capabilities and insights, and more, including:
- Workflow Automation in Cisco AI Assistant for Webex: This capability in the Cisco AI Assistant for Webex Suite intends to streamline processes and save time by working across enterprise apps like Salesforce, ServiceNow, and Jira. This enables users to more efficiently complete tasks and automatically share meeting summaries across enterprise apps.
- AI Capabilities in Webex Control Hub: The platform will allow IT admins to easily access, search and manage all AI ecosystems in one place, and to customize them to match their organization’s needs. They will also be able to view analytics on AI usage, trends, and employee adoption metrics within Webex Control Hub.
Any employee can be empowered to assist customers with this Webex Calling solution:
- Webex Calling Customer Assist: This reimagined calling solution aims to empower any employee to assist customers with an AI-powered, modern experience in the Webex app on their desktop or mobile phone. With Customer Assist, local and regional branches including retail stores, bank branches, pharmacies and healthcare clinics can quickly provide great customer experiences, resolve issues and build strong relationships. With the addition of new features available later this year, it intends to provide efficient call routing, AI assistance for agents and supervisors and powerful analytics—all in an easy-to-deploy, cost-effective Webex Calling offering.
The Webex ecosystem delivers a seamless integration of AI-driven innovations and collaboration tools, enhancing user experiences with secure, flexible, and rich interactions across workspaces:
- Apple AirPlay on Cisco Devices will be available soon for Microsoft Teams Rooms, enabling instant wireless content sharing from iPhone, iPad or Mac to Cisco Devices.
- Now generally available, Cisco Spatial Meetings allows users to turn any space equipped with a Cisco Room Bar Pro into an immersive studio with Webex for Apple Vision Pro.
- With connectors across many enterprise apps such as Outlook, Salesforce, and ServiceNow—made possible with Glean—users can enhance discussions, search Webex, and speed up decision-making with knowledge graphs and connectors.
- Native Epic integration for Webex Contact Center, expected to be in beta this month, will enable contact center agents to access patient information more easily as they manage interactions within the popular electronic health record (EHR) software.
Property Prices in NCR Outpace Rentals Sohna Road & Noida Sector-150 Lead
New Delhi: Property prices in key NCR micro-markets have surged significantly over the past three years, outpacing rental growth in many areas. According to ANAROCK data, Noida’s Sector-150 recorded an extraordinary 128% rise in capital values between 2021-end and 2024-end, while rental values for a standard 1,000 sq. ft. 2BHK unit increased by 66% in the same period. Sohna Road in Gurgaon saw capital appreciation of 59%, with rental values rising by 47%.
Among India’s top seven cities, NCR, Hyderabad, and MMR saw higher capital value growth compared to rental values. In contrast, key markets in Pune, Kolkata, and Chennai experienced stronger rental value appreciation than capital value growth.
The divergence between capital and rental value growth in NCR highlights emerging investment patterns. Buyers looking for long-term gains find greater appreciation in Noida’s newer sectors, while tenants still benefit from relatively moderate rental growth in established localities.
While Noida’s Sector-150 led the capital appreciation chart, rental growth remained relatively subdued. Similarly, Sohna Road’s rental increase of 47% was modest compared to its 59% capital value rise.
Director of GLS Group, Surinder Singh said “Gurgaon continues to solidify its position as a top real estate destination, driven by robust infrastructure, seamless connectivity, and high demand for premium housing. With rapid urbanization and upcoming developments, the city offers immense investment potential for homebuyers and investors alike. The steady appreciation in property values and the growing appeal of integrated townships highlight Gurgaon’s transformation into a modern, self-sustained urban hub.”
Anuj Puri, Chairman of ANAROCK Group, explains, “Capital values in many NCR markets have seen significant growth over the past three years, making them attractive for investors focusing on long-term appreciation. However, rental yields in some micro-markets are yet to catch up with the capital surge, suggesting a shifting balance in demand and supply.
C.K. College of Engineering & Education Institutes Celebrate Success: 900 Graduates and a State Topper Honored
India, 18th March 2025: Marking a momentous academic milestone, C.K. College of Engineering & Technology (CKCET) & CK College of Education (CKCOE) hosted its prestigious Graduation Ceremony 2025, celebrating the accomplishments of 980 graduates, including 10 university rank holders, with one securing a state rank. Held at the college’s state-of-the-art campus, the grand ceremony was presided over by Chief Guest Mr. K. Abdul Rahim, Founder of Mount Road Bilal, distinguished leaders including Mr. CK Ranganathan (Chairman & Managing Director, CavinKare Pvt. Ltd.), Ms. Amudhavalli Ranganathan (Executive Director, CK Group of Educational Institutions & Director, New Initiatives & E-Commerce, CavinKare Pvt. Ltd.), and Dr. S. Saravanan (Principal, CK College of Engineering and Technology).
The graduation ceremony proudly conferred degrees upon 551 Engineering graduates (including 535 B.E and 16 M.E graduates), 148 MBA graduates, and 299 B.Ed. graduates, marking a significant academic milestone. Among them, 10 exceptional students—5 from Engineering (3 students from B.E and 2 students from M.E), 1 from MBA, and 4 from B.Ed.—were honored as rank holders for their outstanding achievements. The grand event also witnessed the presence of esteemed dignitaries from academia, principals, and faculty members of the CK Group of Educational Institutions, alongside an enthusiastic gathering of over 2,000 parents, making it a truly momentous occasion in the institution’s journey.
Applauding the students for their perseverance and achievements, Mr. K. Abdul Rahim, Founder of Mount Road Bilal, said, “This graduation ceremony is a testament to the dedication and hard work of each graduate. It marks not only the completion of an academic journey but also the beginning of a promising future. I extend my heartfelt congratulations to all graduates and wish them success in their future endeavors.”
Addressing the gathering, Mr. CK Ranganathan, Chairman & Managing Director, CavinKare Pvt. Ltd., said, “This is a proud moment for CKCET and CKCOE as we celebrate the accomplishments of our graduates. Each of them has demonstrated immense dedication and excellence, and I have no doubt they will make significant contributions to their respective fields. I congratulate all the students and wish them a bright and successful future.”
Speaking at the event, Ms. Amudhavalli Ranganathan, Executive Director, CK Group of Educational Institutions, and Director, New Initiatives & E-Commerce, CavinKare Pvt. Ltd., added, “At CKCET and CKCOE, we are committed to empowering students with knowledge, skills, and opportunities for a successful future. Today’s graduates are stepping into the world with a strong academic foundation, and we are confident they will achieve great heights in their careers. We take immense pride in their achievements and wish them all the best.”
C.K. College of Engineering & Technology has consistently set benchmarks in academic excellence, skill development, and industry integration. Over the years, the institution has nurtured thousands of graduates who have excelled in their respective fields, with many securing top placements in leading multinational companies. Demonstrating strong academic performance, CKCET secured the 1st rank in the district in the November-December 2023 Anna University rankings and placed 62nd among all affiliated engineering colleges in Tamil Nadu. The institution also maintains an impressive placement record of securing 344 job offers from 72 reputed companies, placing its students with top offers up to ₹8.4 LPA in companies like Zoho Corporation.
Beyond academics, the college has been designated as a Skill Hub by the Ministry of Skill Development and Entrepreneurship, offering NSDC-approved courses in IoT, AI, Drone Technology, and 3D Printing under the PMKVY scheme. CKCET also fosters a culture of continuous learning through its “Invest in Yourself” initiative, enabling students and faculty to earn over 1,820 certifications in cutting-edge technologies through platforms like SWAYAM, Coursera, Udemy, Alison, edX, and Khan Academy. With a strong foundation in academic achievement, skill development, research, sports and career readiness, CKCET remains committed to shaping the next generation of engineers and innovators.
Spotify Boosts India’s Artist Economy in 2024: Loud & Clear Report
MUMBAI, March 18, 2025: Spotify has unveiled this year’s Loud & Clear report, a transparent look at how the streaming economy continues to support artists and fuel the music industry’s explosive growth. The report demystifies how artists earn money through streaming, clarifies royalty distribution, and highlights the evolving global music landscape. In India, the growth continues upward for the artist community not just locally, but across the world.
Spotify’s contribution to the local music industry has been growing steadily since its launch six years ago. In 2024 alone, artists from India were discovered over 11.2 billion times by first-time listeners on the audio streaming platform, an increase of 13% since 2023. Through artist education initiatives, emerging artist programs, on-ground experiences, and more, Spotify is connecting artists and their fans more deeply than ever before. The success of Indian artists on the platform is highlighted in the key insights of this year’s Loud & Clear report.
Spotify is contributing to the artist economy in India
Since 2022, the number of Indian artists generating over INR 50 lac in royalties from Spotify alone has more than doubled. During the same time period, Indian artists generating over INR 1 crore in royalties from the platform alone have more than tripled, and those generating over INR 5 crore in royalties, have doubled. In fact, approximately two-thirds of the royalties generated in India in 2024 came from Indian artists, comparable to last year.
Indian artists have seen year-on-year growth on Spotify
Over 90% of the tracks that were featured on Spotify India’s daily top 50 playlist in 2024, were by local artists, a 6% increase from 2023. Close to 50% of all royalties generated by Indian artists on Spotify in 2024 were from listeners outside of India, up from 40% in 2023. The USA, UK, UAE, Pakistan, Canada, Malaysia, and Sri Lanka are a few of the countries where Indian languages were most streamed. Additionally, over 9,000 Indian artists were added to global and local editorial playlists on Spotify in 2024, compared to 8700 in the previous year.
Diversity of languages and genres represented in music export
Royalties generated by Indian artists performing in Hindi, Punjabi, Tamil, and Telugu have each more than doubled since 2021. In addition, music performed in Telugu was one of the fastest growing in popularity in 2024, with a 39% increase in royalties generated globally year-on-year, and more than doubling since 2021. Amongst these languages, some of the most-streamed genres include Hindi pop, Hindi hip hop, Punjabi hip hop, Hindi indie, Malayalam hip hop, Punjabi pop, and Tamil pop.
In 2024, several pop and hip-hop artists contributed to the global growth of music from India, led by Arijit Singh, Pritam, Anirudh Ravichander, Karan Aujla, Shreya Ghoshal, Diljit Dosanjh, Hanumankind, Kalmi, A.R. Rahman, Sidhu Moose Wala, Amitabh Bhattacharya, Vishal-Shekhar, AP Dhillon, Badshah, and Alka Yagnik.
During the time, Indian artists saw the positive impact of Spotify’s global reach, with over 65% of the top 30 most exported songs stemming from beyond the film industry.
Globally, Spotify continues to lead the music industry in payouts, with more than $10 billion distributed in music royalties in 2024 alone, globally – increasing payouts tenfold over the past ten years. The company has now paid out around $60 billion since its inception.
The future of music is being shaped by its most passionate force: fans. New opportunities for innovation, collaboration, and creative expression will emerge as they continue to embrace and support artists across streaming platforms. With global access to diverse sounds and cultures stronger than ever, artists will keep pushing boundaries, and fans will play an even more significant role in shaping the next era of music. The industry is not just growing, it’s evolving into an ecosystem where listeners and creators thrive together.
Transform Your Space with The Great Eastern Home’s French Collection
Transport yourself to an era of grace and grandeur with The Great Eastern Home’s French Collection. Crafted to echo the essence of historic French design, this collection infuses interiors with a regal charm, seamlessly blending classic artistry with enduring elegance.
The Great Eastern Home offers a breathtaking selection of French-inspired furniture and décor, each piece a testament to the legacy of master artisans. From intricately carved chairs and dining sets to ornate cabinets that exude charm, the collection celebrates the beauty of traditional craftsmanship. Elegant vases and lamps add a touch of luminous sophistication, while stately beds and mirrors transport you to the grand salons of France’s aristocratic past. Every item in this collection, from its delicate embellishments to its rich textures, is designed to create an atmosphere of opulence and timeless allure.
Designed to transform rooms into luxurious palatial settings, The Great Eastern Home’s French Collection brings opulent sitting areas adorned with gold leafing and rough texture. From a single statement piece to a full collection for your living room, these pieces allow you to create an atmosphere of unparalleled beauty.
Immerse yourself in the elegance of The Great Eastern Home’s French Collection and enjoy furniture that stands the test of time.
Chef Mary Lalboi Showcases Northeast India’s Culinary Magic at Hyatt Pune’s Café 88
18th March 2025 | Pune, India – Embark on a culinary journey to the northeastern region of India as Chef Mary Lalboi, in collaboration with Chef Pin, presents The Northeast Table, a 3-day food pop-up celebrating the rich and diverse flavors of North East India. This exclusive pop-up will take place from March 20th to March 22nd, 2025, at Cafe 88, Hyatt Pune.
Chef Lalboi, renowned for her expertise in northeastern Indian cuisine, brings a curated menu that reflects the bold, aromatic flavors of the region. Through this collaboration with Chef Pin, a platform dedicated to celebrating diverse culinary traditions, the pop-up will offer an authentic and immersive experience, showcasing the best of North Eastern food culture. Guests can indulge in a variety of dishes that highlight the unique ingredients and preparation methods that define the region’s cuisine.
Among the offerings are Kelsa, a traditional dish brimming with comforting flavors, and Vatawt Meh, a smoky, tender meat preparation that will captivate your palate. The menu also features Sanpiau, a soupy rice dish that brings warmth and richness, alongside the aromatic Chakhao, a special black rice from Manipur that forms the base for many regional delicacies. For a unique experience, guests can enjoy Tingmo, soft and fluffy steamed buns, perfect when paired with hearty stews or curries. To satisfy your sweet tooth, Chakhao Kheer, a dessert made with Chakhao rice, offers a fragrant and delicate finish to the meal. Another standout dish, Nguingoshing, features roasted minced fish wrapped in banana leaves, delivering an aromatic and smoky flavor that represents the authentic tastes of the region. The menu also includes Kerot, a savory dish that showcases the earthy flavors of the region.
Chef Lalboi, who hails from the region, has always been passionate about showcasing the food of her homeland. Through The Northeast Table, in collaboration with Chef pin, she aims to bring forward dishes that are not only flavorful but also steeped in cultural significance, many of which are lesser-known outside the North Eastern states.
Cargill Honored for Excellence in Food Safety at CII Awards 2024
National, March 18, 2025: Cargill, a global leader in food and agriculture, has been recognized for Outstanding Performance and Strong Commitment in Food Safety at the 15th edition of the Confederation of Indian Industry (CII) Food Safety Awards 2024. The awards, presented at a ceremony in New Delhi highlights Cargill’s ongoing commitment to maintaining the highest food safety standards across its operations.
The company received these recognitions in the ‘Large Manufacturing Food Businesses – Fats & Oils’ category, ‘Outstanding Performance in Food Safety’ for Kurkumbh plant in Maharashtra and ‘Strong Commitment in Food Safety’ for Kandla plant in Gujarat. This honor underscores Cargill’s dedication to stringent food safety protocols, superior quality control, and cutting-edge manufacturing practices. The award was presented by Hashmat Ali Yatoo, IAS, Commissioner of Food Safety and Drugs Administration in Jammu and Kashmir, Mr Minhaj Alam, IAS, Additional Secretary, Ministry of Food Processing Industries, Dr Alka Rao, Advisor – Science, Standards & Regulations Food Safety & Standards Authority of India (FSSAI), and Ms. Kavery Ganguly, Principal Lead, CII Food and Agriculture Centre of Excellence (FACE).
Commenting on the achievement, Mr. Simon George, Managing Director, Cargill Food South Asia, said, “This recognition is a reflection of our team’s unwavering commitment to food safety and quality. At Cargill, we prioritize world-class practices to ensure that our products not only meet but exceed global food safety standards. The Kurkumbh and Kandla plants are a prime example of our efforts in automation, testing, and training, which work together to provide safe, high-quality food to our consumers. We remain dedicated to continuous improvement and innovation in food safety.”
Mr. Sunil Nair, B2B Go-to-Market and R&D and Technical Services & Application Leader added, “We are proud to be recognized for our dedication to food safety excellence. The ‘Outstanding Performance in Food Safety’ Award not only highlights our rigorous standards—exemplified by the success of our Kurkumbh and Kandla plants—but also reinforces our role as a trusted partner in delivering safe, high-quality food solutions to our customers across India.”
The CII Food Safety Awards serve as a benchmark for excellence in food safety across various sectors of the food industry, including Beverages, Dairy, Bakery, Edible Oils, Ready-to-Eat Snacks, and more. The awards evaluate companies based on their adherence to rigorous food safety standards, leadership in implementing food safety measures, and compliance with regulatory and statutory guidelines. The assessment process includes detailed onsite evaluations by a team of experts, ensuring that only the best practices in food safety are recognized.
Cargill’s Commitment to Food Safety
For over 35 years, Cargill has implemented robust food safety mechanisms in India, ensuring compliance through advanced infrastructure, trained personnel, and stringent quality control processes. The Kurkumbh plant, which was the recipient of this year’s award, is a prime example of Cargill’s dedication to food safety. It features state-of-the-art infrastructure, in-house testing facilities, and automated packaging lines that minimize manual intervention, ensuring product safety at every stage.
Cargill’s Product Safety, Quality, and Regulatory Policy adheres to Indian food safety and international standards, ensuring product safety, quality, authenticity, and regulatory compliance. In addition, the company has a Continuous Improvement Production Excellence (CIPE) team that is dedicated to enhancing quality management programs and processes across all products and services. Cargill’s continuous focus on food safety has earned it multiple accolades at the CII Food Safety Awards.
In 2023, the company received two awards for ‘Significant Achievement in Food Safety’ for its Kurkumbh and Davangere plants. This year’s recognition for the Kurkumbh and Kandla plants further validates Cargill’s leadership in food safety and its continued commitment to excellence.
The CII Food Safety Award, with its emphasis on Food Safety Maturity Assessment, serves as a symbol of credibility and pride in the industry. It recognizes and celebrates the capacity-building efforts of organizations and promotes the adoption of internationally benchmarked food safety practices.
Moneycontrol Global Wealth Summit Explores India’s INR 10 Trillion Market Cap
Mumbai | March 18, 2025: Held on 7th March, Friday in Mumbai, the Moneycontrol Global Wealth Summit 2025 centred around the theme ‘Next Wave Of Wealth Creation: India’s $10 Trillion Market-Cap Opportunity.’ The summit served as a key platform for global investors, business leaders, strategists, and policymakers to discuss India’s emerging market trends and investment opportunities.
As the world’s fastest-growing major economy, India is navigating global market volatility, geo-economic shifts, and a post-boom stock market. Against these dynamics, the Global Wealth Summit 2025 facilitated high-impact discussions on economic growth, policy shifts, and strategies for long-term wealth creation.
Nalin Mehta, Managing Editor, Moneycontrol, set the tone by highlighting India’s financial evolution, emphasizing that Demat accounts surged from 22 million in 2014 to 185 million today, while India’s IPO activity led globally, raising $19.2 billion last year – more than double that of China. “A decade ago, India was the world’s 10th largest economy. Today, we are the 5th and on track to becoming the 3rd. Our equity markets have quadrupled in size, and financial participation is deepening, with nearly half of mutual fund assets coming from beyond India’s top cities,” Mehta said.
Howard Marks, Co-Chairman & Co-Founder, Oaktree Capital Management, shared insights on ‘Macros, Micros & Market Cycles’, stressing that interest rates today are not high in absolute terms but are returning to historical norms. “For over a decade, investors got used to near-zero interest rates, but that was the exception, not the rule. A healthy economy doesn’t need ultra-low rates or extreme hikes – it needs balance. Investors should prepare for moderate rates instead of waiting for past anomalies,” he said.
SEBI Chairman Tuhin Kanta Pandey outlined the next phase of market regulation, governance, the importance of transparency and investor confidence. “Maintaining trust is paramount. SEBI itself must be transparent about conflicts of interest, and we are working on a framework to ensure greater disclosure,” he stated.
“As per IMF estimates, emerging markets are expected to grow at 4.2% in 2025, while India is projected to grow at 6-6.5%. We aspire to accelerate this growth beyond forecasts through Viksit Bharat efforts,” he added.
V. Vaidyanathan, MD & CEO, IDFC FIRST Bank highlighted financial inclusion and digitalisation as key drivers of India’s economic expansion. “The credit-to-GDP ratio in India is expected to rise significantly, presenting both opportunities and responsibilities for banks in ensuring sustainable growth,” he stated.
The Moneycontrol Global Wealth Summit 2025, presented by IDFC First Bank, co-powered by PhonePe, and associate partners World Gold Council, SBI Mutual Fund, and Reliance Industries, featured a series of compelling discussions on key market trends and economic shifts.
Mark Coombs, CEO, Ashmore Group, analysed how Trumponomics is reshaping global capital flows, while David Tait, CEO, World Gold Council, examined the sustainability of gold’s bull run, followed by an insightful session featuring Anish Shah, Group CEO & MD, Mahindra Group, and Neelkanth Mishra, UIDAI Chief & Member, PM Economic Advisory Council, discussing India’s roadmap to a $10 trillion market cap.
A high-powered panel featuring Ashish Chauhan, MD & CEO, NSE; Ananth Narayan, Whole-Time Member, SEBI; Harsh Jain, Co-founder & COO, Groww and D. P. Singh, DMD & Joint CEO, SBI Mutual Fund, provided insights into India’s equity boom, the rise of SIPs & F&Os, and the evolving retail investor mindset.
Beyond traditional markets, the summit featured discussions on cryptocurrencies, REITs, and alternative investments. Daniel Pink, renowned author of The Power of Regret, led a thought-provoking conversation on how reflecting on past decisions can lead to smarter financial choices and long-term success.
Morgan Housel, Author of The Psychology of Money & Same as Ever; Director, Markel Group highlighted that successful investing is more about managing emotions than analysing numbers. He stressed that endurance matters more than short-term gains and that luck plays a bigger role in investing than most people admit. “Markets are driven by narratives. Tesla, for example, produces a fraction of the cars that Volkswagen does but is valued many times higher—that’s the power of a compelling story,” he stated.
He added, “If you cannot control FOMO, you should give up on investing—it’s never going to work. The most successful investors know what they can’t do and stay away from it.”
The summit concluded with a powerful address by Maharashtra CM Devendra Fadnavis, outlining the state’s roadmap to becoming India’s first $1 trillion sub-economy by 2030.
“Maharashtra is the only state that has chased the half-trillion path, and by 2030, we will achieve the $1 trillion milestone,” he affirmed.
Highlighting grassroots financial inclusion, he added, “We launched the Laadli Bahin Yojana, where women receive ₹1,500 per month. In Nagpur, a women-led finance society mobilised ₹30 lakh in small deposits, creating a thriving business model. We are focused on empowering such initiatives.”
With insights from global financial leaders, visionary policymakers, and industry pioneers, the Moneycontrol Global Wealth Summit 2025 provided a definitive platform for shaping the future of wealth creation, investment strategies, and economic resilience. As India charts its path towards a $10 trillion market-cap opportunity, the discussions and perspectives shared at the summit will play a crucial role in navigating this transformative journey.
Tech Mahindra Welcomes Stronger Ties with Google Cloud to Drive AI Innovation
New Delhi – March 18th, 2025: Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced an expanded long-term strategic partnership with Google Cloud to boost the adoption of Artificial Intelligence (AI) and lead digital transformation for enterprises globally. The partnership will enable Tech Mahindra to help enterprises worldwide achieve agility, scalability, and sustainable growth through cutting-edge technologies.
The partnership will combine Tech Mahindra’s deep domain expertise with Google Cloud’s powerful AI capabilities, including Google’s Gemini models, AI development platform, and agentic AI technology to develop industry-specific solutions for sectors such as communications, healthcare and life sciences, manufacturing, automotive, retail, and financial services. Together, Tech Mahindra and Google Cloud will help enterprises modernize their infrastructure and data architecture while optimizing the return on investment from their AI-powered cloud solutions.
Atul Soneja, Chief Operating Officer, Tech Mahindra, said, “AI’s promise is undeniable, yet enterprises face significant challenges in its adoption, from ensuring compliance to driving tangible outcomes. Our expanded partnership with Google Cloud reinforces our commitment to scaling AI adoption responsibly by co-creating tailored solutions powered by Agentic AI. These solutions will empower businesses to navigate operational complexities, enhance efficiency, and unlock new growth opportunities while adhering to evolving regulatory standards.”
Through the enhanced partnership, both organizations will help enterprises realize the full potential of AI for business transformation and growth. The partnership will accelerate the time-to-market for new AI-driven solutions, providing customers with early access to emerging technologies. Additionally, Tech Mahindra has made substantial investments in talent upskilling and advanced delivery capabilities to enhance its partnership with Google Cloud.
Kevin Ichhpurani, President, Global Partner Ecosystem & Channels, Google Cloud, said, “Maximizing value from AI investments requires two things: advanced agent-building technology and deep industry expertise. Our partnership with Tech Mahindra will provide customers with the managed services needed to successfully build and deploy AI agents with Google Cloud’s leading AI development platform.”
The expanded partnership with Google Cloud further strengthens Tech Mahindra’s position as a leading provider of innovative AI and cloud solutions, ensuring efficient solution deployment while maximizing the resources available. To support this, Tech Mahindra has established dedicated delivery centers in Guadalajara and Mexico. These centers focus on providing Google Cloud-centric solutions and assisting customers in modernizing their infrastructure. Tech Mahindra is a premier systems integrator Google Cloud Partner with 2000+ certified resources and 10,000+ trained engineers deployed across 75+ programs globally.