Moscow, 12^th  March 2025 – On March 11, 2025, ZiO-Podolsk JSC (a company of Rosatom’s Mechanical Engineering Division) along with the start of the flange machining operations started assembling the RITM-200 unit intended for the new-generation universal nuclear icebreaker Leningrad (the keel-laying ceremony was held in 2024 with the participation of Russian President Vladimir Putin). Maxim Tyukavkin, Deputy Head of Rosatom’s Mechanical Engineering Division, and Anton Lebedev, Director General of ZiO-Podolsk JSC, participated in the launch ceremony.

“The Mechanical Engineering Division of Rosatom has launched the mass production of RITM-200 reactor units. This is yet another impressive demonstration of the absolute leadership of our domestic industry. Our technical solutions propel scientific and industrial progress, while also facilitating the fulfillment of tasks of national importance. Our successful history of manufacturing and operating the cutting-edge RITM reactor units provides a solid basis for reaching the goals of the Northern Sea Route development and SMR technology promotion,” pointed out Maxim Tyukavkin.

Hyderabad, 12^th March 2025: A team of students from Amrita Vishwa Vidyapeetham, Amaravati Campus, secured the first prize at DecodeX 2025, a national-level hackathon held on February 14-15 at N. L. Dalmia Institute of Management Studies and Research (NLDIMSR) in Mumbai. Team CodeBlue, comprising Prajwala Yadlapalli, Naidu Yaswanth Reddy, and Parise Sri Vatsal from Amrita School of Computing, Amaravati, won the top prize of ₹100,000 for their innovative solution in the PalletSense Challenge.

DecodeX 2025 is a pan-India competition that brings together students from various institutions to address real-world business problems in technology, finance, marketing, and healthcare. Participants are tasked with developing solutions that demonstrate analytical thinking, creativity, and practical application of knowledge.

Team CodeBlue’s winning solution was an IoT-based system designed to improve goods tracking accuracy, optimize battery management, and enhance supply chain logistics through intelligent clustering and route adherence algorithms. The approach was recognized for its feasibility and effectiveness in addressing industry challenges.

Bhaskar Mallubhotla, Centre Head of Corporate and Industry Relations at Amrita Vishwa Vidyapeetham, Amaravati, said the win highlighted the institution’s emphasis on innovation and practical learning. “Our students have demonstrated the ability to translate theoretical concepts into industry-ready solutions, reflecting Amrita’s commitment to academic excellence,” he said.

The victory marks a significant achievement for Amrita Vishwa Vidyapeetham, further strengthening its presence in competitive technology-driven events at the national level.

New Delhi, 12th March 2025: Interio, a leading home and office furniture brand of Godrej Enterprises Group, has plans to significantly expand its mattress category to address the changing needs of contemporary Indian homes. The leading furniture solutions brand will appoint 10 new mattress distributors and 150+ retailers across India to capitalize on increasing disposable incomes and growing aspirations for wellness-focused living spaces.

Dev Sarkar, Senior Vice President and Head of Consumer Business, Interio said, “As India’s mattress market is projected to reach USD 3.48 billion by 2030, we’re witnessing a significant shift in consumer preferences. Today’s Indian homes are evolving into multifunctional spaces where quality rest has become non-negotiable. The industry trends showcase growing demand for orthopaedic mattresses that alleviate joint and back pain, as well as memory foam products that provide optimal support and comfort. The distinct trend toward thicker mattresses, with 5-inch and 6-inch variants now outpacing the historically popular 4-inch models, reflects how modern Indian families are prioritizing enhanced comfort and support. Additionally, we are seeing increased interest in temperature-regulating technologies, particularly important in India’s diverse climate conditions. At Interio, we are committed to addressing these evolving needs through innovation, while continuing to enhance our sustainable and personalized sleep solutions.”

The leading furniture solutions brand will be focusing on enhancing their portfolio of mattresses across all price ranges and diversifying into related categories like sofa beds, mattress beds, bases, and accessories for optimal posture support. With a strong focus on wellbeing, Interio offers a comprehensive range of innovative sleep solutions, featuring advanced foam compositions, ergonomic designs and specialized technologies such as the 3D Silver Mesh® for optimal breathability and temperature regulation, as well as Pressure Neutralising Zones® that provide versatile support tailored to individual body weights. In FY26, Interio will focus on the premium mattress range comprising of Superlatx, Mist Pro, and the Orthomatic Range.

Interio:

Interio is India’s leading premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing and retail.

Led by the largest in-house design team in the country in the furniture category and awarded with 34 India Design Mark Awards till date, INTERIO aims to transform spaces with its thoughtfully designed furniture to create brighter homes and offices with products that have the highest design quotient in aesthetics, functionality and technology. With consistent pursuit of excellence and a special focus on health and ergonomics, GODREJ INTERIO’s product portfolio comprises of a wide range of solutions

Today, Godrej designs and manufactures furniture for office spaces, homes, educational institutes, healthcare facilities, laboratories and more. Along with furniture, the company offers Audio Visual and 360 Degree Turnkey solutions. Each of our product ranges revolves around comfort and aesthetics while delivering well-designed, long lasting and functional furniture solutions. In short, Godrej Interio helps the consumers to make every space the perfect setting for their myriad moods and moments.

Currently present in over 450 cities with 450 exclusive showrooms and 520 dealer outlets, is one of the largest divisions of Godrej & Boyce, part of the Godrej Enterprises Group, one of India’s largest engineering and customer product groups.

Interio has 7 manufacturing facilities situated at Mumbai, Khalapur, Haridwar, Shirwal, and Bhagwanpur. INTERIO is widely known for its comprehensive sustainability certifications for its products in the furniture category.

March 12,2025:The latest report by KPMG in India, titled ‘Aviation Leasing and Financing Ecosystem at GIFT IFSC, India’ , highlights a transformative phase in India’s aviation leasing market, driven by robust economic growth and a strategic push towards becoming a global aviation hub. Key data points underscore the nation’s economic resilience and the burgeoning opportunities within the aviation and leasing sectors:

• Aviation Recovery: Post-COVID-19, air passenger traffic not only rebounded to nearly 96% of pre-pandemic levels by FY23 but exceeded these levels in FY24, with 376 million passengers recorded.
• Market Expansion: Currently ranked as the world’s third-largest domestic aviation market, India is set to witness a significant increase in its aircraft fleet – projected to reach approximately 2,100–2,200 aircraft by FY44.
• Investment Outlook: With commercial airlines expected to require an investment of USD 210–255 billion over the next two decades, the shift towards leasing is emerging as a financially prudent strategy.
• IFSC Advantage: The GIFT City IFSC, India’s first operational international financial services centre, offers competitive tax benefits, regulatory ease, and innovative financial products that are catalyzing the growth of aircraft leasing. With over 33 aircraft lessors registered and more than 60 aircrafts and similar number of engines have been leased as of January 2025, the ecosystem is rapidly evolving to support future expansion.

Sunil Badala, Partner, National Head of Tax, KPMG in India said, “The IFSC at GIFT City is a strategic initiative by the government to create a global financial hub. The IFSC offers robust regulatory framework and tax incentives for aircraft leasing and financing. Aircraft leasing ecosystem at Gift IFSC fosters an environment where innovative leasing solutions can thrive, driving sustainable economic growth.”

Commenting on the report, Girish Nair, Partner and National Head – Aviation and Global Lead Airports, KPMG in India, stated, “Our analysis strongly recommends that both global and local lessors tap into the unique opportunities at GIFT City IFSC. With a confluence of favorable tax incentives and a robust regulatory framework, this platform is not only setting new benchmarks in aircraft leasing but also paving the way for a more modern, asset-light approach that can propel the aviation sector into a sustainable future.”

New Delhi,12 March 2025: Padma Vibhushan Dr. Sonal Mansingh, India’s best-known cultural icon, is set to present the Delhi premiere of her latest dance-theatre production, Bhava-Ganga, on March 18, 2025, at Stein Auditorium, India Habitat Centre, New Delhi.

Presented by Shri Kamakhya Kalapeeth (Centre for Indian Classical Dances), founded by Dr. Sonal Mansingh, Bhava-Ganga is an artistic confluence of history, culture, and contemporary relevance, seamlessly weaving narratives that resonate across time. Through this visually stunning and thought-provoking production, Dr. Mansingh highlights pressing societal issues such as social equality and women empowerment —a theme deeply intertwined with the timeless essence of Maa Ganga.

Speaking about the production, Dr. Sonal Mansingh remarked, “Ganga is not just a river; she is the lifeline of our civilization, witness to the rise and fall of empires, and symbol of purity and strength.”

Dr. Mansingh has consistently used her choreographies as a powerful medium to reflect on social realities. Her past productions have explored themes on women’s rights, environmental sustainability, and cultural heritage, making Bhava-Ganga yet another masterpiece that blends tradition with contemporary discourse, Vikas bhi, Virasat bhi.

Through evocative storytelling, spellbinding music, and intricate dance movements, Bhava-Ganga takes the audience on a journey across time—from the legend of Bhagirath’s penance to bringing Ganga to Mother Earth, Prabhu Shri Ram’s encounter with the Kevat (boatman), and the divine presence of Ganga in Kashi as witness to Mahadev begging for alms from Devi Annapurna. These narratives serve as allegories, drawing powerful parallels with contemporary discourse on justice, equality, and environmental consciousness.

The production features the Repertory Group of the Centre for Indian Classical Danes (CICD), a dynamic ensemble of artists trained under Dr. Mansingh’s expert guidance, bringing her visionary choreography to life with their enthralling performance.

Hyderabad, March 12, 2025 – CBM India has organized a free eye screening camp on the occasion of International Women’s Day, under their ongoing ‘Inclusive Eye Care Services in Hyderabad’ project. The camp aimed at providing critical eye care services to marginalized communities and has reached around 200 people, including approximately 160 women, in Rasoolpura, Hyderabad.

Supported by a CSR initiative by Movate, over the past three years, the project has been instrumental in promoting inclusive eye care. For the first two years, it focused exclusively on trans women’s vision care through eye screening camps. From 2024-25, the scope was expanded to include members of other marginalized communities. The program now brings diverse groups together in the same space, promoting interaction, inclusion, and community understanding while continuing to provide vital eye care support.

The project has made significant strides in advancing inclusive eye health. As it approaches its three-year mark in March 2025, it is on track to reach over 3,200 people, distribute more than 1,500 spectacles, conduct 30 eye surgeries, and provide 770 ration kits.

Speaking about the event, Mr. Sony Thomas, Executive Director, of CBM India, said, “Vision care is a fundamental right, and through this initiative, we aim to ensure that people from marginalized communities have access to quality eye care, irrespective of gender identity or socioeconomic status. Good vision is essential not just for daily activities but also for education, employment, and overall well-being.

Mr. Anish Phillip, EVP, and Chief People Officer, Movate, remarked, “Diversity, equality, and inclusivity are values deeply etched in Movate’s corporate conscience. We have organized health assessment drives, eye screening camps, and surgery if needed. Looking ahead, we plan to organize more camps and expand our initiatives.”

The eye screening camp is a continuation of CBM India’s commitment to inclusive healthcare. The shift towards integrated community participation marks a progressive step in reducing social marginalization while ensuring equitable healthcare access.

Bengaluru, March 12, 2025: Swiggy, India’s pioneering on-demand convenience platform, today shared that its ‘SNACC’ app now delivers to a majority of locations across Bengaluru. The newly launched app by Swiggy offers a range of high quality food and beverages with quick discovery, quick checkout and fast delivery. The app caters to a variety of needs of users- coffee, tea and cold beverages, snacks (like samosa, fries, sandwiches etc.), all day breakfast (like Poha, omelet, bun maska etc.), healthy food (The Whole Truth protein shakes, salads etc.), homestyle meals. bakes, snacks (like sandwiches, rolls etc.).

Launched in January in Bengaluru, Swiggy has designed the SNACC app to reduce the time spent discovering and finding your preferred food and quick bites, both frequently ordered categories, to conveniently deliver high quality food in 10 minutes.

SNACC app witnessed a record sale on Sunday when the big Champions Trophy final was scheduled to take place. It saw a 2.5 x increase in sales as compared to previous Sunday. SNACC was truly the favourite match time companion for Bengaluru. The top items ordered on the app include Maggi, Sandwiches, Samosa, Fries, and Chicken Popcorn. Cold Coffee, Vietnamese Iced Kaapi and Adrak Chai were the preferred beverages ordered.

Commenting on the expansion, Satheesh Raman, Business Head, SNACC, shared “We understand that waiting to order that one coffee or that quick bite while going through several layers of the app when one just needs a break can get tiresome. With SNACC, we are trying to address this. You can just fire up the app, find your choice right up on the homepage, and it will be at your doorstep in 10 minutes. In today’s day and age, everyone wants easy, quick, non-cumbersome fixes and solutions and thus, we are providing that with the expansion of SNACC across the majority of locations in Bengaluru. The response since the launch of the app in January has been encouraging. After revolutionizing food delivery and quick commerce, we aim to further make life more convenient for users through SNACC.”

Pune’s residential real estate market has entered 2025 on a strong growth trajectory, building on the momentum of previous years. The city’s growing status as a corporate hub continues to increase housing demand. Affordability, better infrastructure development, and improved connectivity remain key factors influencing homebuying decisions.

Pune’s overall residential market saw significant growth in 2024. The average housing price reached a historic high of ₹6,590 per square foot, reflecting an 11% annual increase. This price appreciation was accompanied by record home sales of 90,127 units during the year, as reported by Gera Developments.

Commenting on this Mr Shashank Vashishtha, Managing Director, Exp Realty India said, “The Pune real estate market has consistently demonstrated its resilience and potential, and the latest Gera report is a testament to its meteoric rise. An 11% surge in housing prices in 2024, reaching an all-time high, signifies not only the growing demand but also Pune’s evolving stature as a premier real estate hub in India. This growth trajectory is fueled by the city’s unique blend of affordability, robust infrastructure development, and a thriving job market. Pune’s ability to strike a fine balance between residential and commercial real estate growth further enhances its appeal, especially for those seeking long-term, sustainable returns. As one of the most vibrant and dynamic real estate markets in the country, Pune is poised to shape the future of urban living in India, solidifying its position as a top choice for real estate investment.”

Traditionally known for attracting value-conscious buyers, the city is now witnessing an unprecedented demand for luxury residences priced at Rs 3-4 crore and above. The surge in luxury housing demand is fueled by Pune’s diverse economic base, which includes technology, financial services, and manufacturing sectors. These industries have expanded the buyer pool beyond high-net-worth individuals (HNIs) and non-resident Indians (NRIs), drawing in a new generation of affluent homebuyers.

Unlike in the past, when luxury developments were concentrated in Koregaon Park, Kalyani Nagar, and Baner, premium housing projects are now emerging in areas like NIBM Road in Kondhwa and the IT hub of Hinjawadi. The ongoing expansion of the Pune Metro and the development of the Pune Ring Road have further boosted demand in these locations.

According to a CBRE report, Pune recorded the sale of 825 luxury apartments in 2024, more than doubling the 400 units sold in 2023. However, new supply has not kept pace with this demand, with only 295 units launched in 2024 compared to 390 units in 2023. Developers are responding cautiously, strategically planning their future projects to capitalize on the sustained appetite for high-end residences.

One of the standout projects in Pune’s luxury real estate segment is The Ark by Tribeca Developers. As the only officially licensed partner of Trump Towers in India, Tribeca has cemented its presence in the premium housing market. The Ark, featuring six meticulously designed towers, has gained significant traction, with its final tower, Cullinan, achieving 40% sales within just 30 days. A defining highlight of The Ark is its 2.75-acre rooftop terrace, the largest in India, which offers over 25 world-class amenities. These include a half-Olympic-size infinity pool, a 10,000 sq. ft. children’s play area, indoor and outdoor gyms, a Zen Garden, a sky bar, and a multi-cuisine restaurant.

Girish Kamble, CEO – West, Tribeca Developers “At Tribeca, our experience in Pune has taught us that the city’s demand for high-quality housing continues to evolve in tandem with its growing urban infrastructure and thriving corporate ecosystem. In early 2024, we witnessed this firsthand when we launched the final tower of our luxury project, The Ark, selling 40% of the inventory within just a few weeks. Pune’s real estate market has shown remarkable resilience, with average housing prices reaching an all-time high in 2024, reflecting a double-digit growth. Over the past five years, the city has consistently demonstrated a 40% price appreciation and a robust absorption of over 85,000 homes annually. This performance firmly establishes Pune as a preferred destination for discerning homebuyers seeking both value and quality.”

Further expanding its footprint in Pune, Tribeca recently announced a partnership with Serianee Corrp to develop a landmark mixed-use project in Lullanagar. Spanning 3 acres, this ambitious development will feature two iconic towers along with premium retail spaces, covering a total development area of 8 lakh square feet and targeting estimated net sales exceeding INR 1,000 crores.