IIM Raipur and NADT Join Hands to Innovate Taxation, Governance, and Public Policy

Mumbai, 9th April 2025: Indian Institute of Management (IIM) Raipur, a leading institution recognized for #BuildingBusinessOwners, has recently inked a Memorandum of Understanding (MoU) with the National Academy of Direct Taxes (NADT), Nagpur.

This strategically formulated agreement is designed to foster academic collaboration, research excellence, capacity building and knowledge exchange in the fields of taxation, law enforcement, public policy, management and allied areas.

The collaboration is set to focus on key initiatives including joint research projects, faculty development programs, student internships and projects, and practical exposure. Additionally, the agreement includes the organization of joint seminars, workshops, and conferences to encourage continuous learning and mutual exchange of ideas.

Expressing his delight at this alliance, Prof. Ram Kumar Kakani, Director, IIM Raipur shared, “This union is a strategic alignment of academic vision and practical governance needs. Such meaningful partnerships expand the knowledge horizon of young minds giving them the space to indulge in innovative thinking for public welfare. By blending real-world applications and research-driven perceptions in public-policy and taxation, we are underscoring our commitment to raising nation-building leaders.”

The MoU was signed in a closed formal ceremony by Professor Ram Kumar Kakani, Director, IIM Raipur, and Shri Aakash Dewangan, Additional Director General (Planning & Research), NADT. The partnership will strengthen knowledge sharing by leveraging the expertise of both the institutions, paving the way for future collaborations in various academic and research fields.

15 Volunteers from Across the Globe Help Build Homes in Hakki-Pikki Colony, Bengaluru

Bengaluru, April 9th, 2025: Business leaders and international students joined hands with three tribal families in the Hakki-Pikki colony in Anekal, Bangalore, Karnataka to build safe, permanent homes in a 5-day Legacy Build. The volunteers collaborated with housing nonprofit organisation Habitat for Humanity India to advance its vision of creating a world where everyone has a decent place to live. Led by Anthony Miller, a volunteer leader of Habitat for Humanity’s Asia-Pacific Development Council, and Cecilia Melin, executive director of Habitat for Humanity Japan —volunteering in India for the third time—the volunteers consisted of a few of their family members and friends as well as students from Habitat Japan’s campus chapters.

“My family is looking forward to our new home, but the most excited is my granddaughter, who is expecting a baby. She will raise her child in a safe and secure home,” said future homeowner Parani.

Anthony Miller said, “This is my 17th volunteer build globally with Habitat for Humanity and my third in India. Each build is a powerful reminder of the impact a home can have on a family. Housing transforms lives by providing security and stability and a Habitat build gives us an opportunity to witness that transformation firsthand. I am glad we could help families move closer to their dream of having a home of their own, and I am especially happy that my daughter could be a part of this experience.”

Speaking about the initiative, Anand Kumar Bolimera, National Director of Habitat for Humanity India, said, “Studies have shown adequate and affordable housing leads to better economic, health and education outcomes. We are grateful for volunteers including business leaders and students who partner with local communities to support Habitat’s long-term work. They serve as champions for housing and advocates for sustainable change.

Since 2003, Habitat for Humanity India’s volunteer build programme has brought together over 56,000 individuals to build strength, stability and self-reliance and shelter. Volunteers work alongside homeowner families, addressing local housing needs and contributing to sustainable housing solutions. They also inspire action for housing and serve as catalysts for change in communities in India and around the world.

Esskay Beauty Rebrands at Hair & Beauty Show India, Eyes Global Expansion

Mumbai, 09th April 2025: Esskay Beauty Resources Pvt. Ltd., India’s leading salon growth experts, has unveiled its bold new logo at Hair & Beauty Show (HBS) India, laying the foundation for a new phase of global growth and innovation in the company’s journey as envisioned in its Vision 2030 roadmap.

The redesigned brand identity reflects Esskay Beauty’s evolution into a more structured, service-driven enterprise. The deep, rich base colour, contrasted with a soft beige accent in the logo, conveys sophistication with approachability. The heart-shaped element expresses care and transformation, while a stylized checkmark stands for quality and trust, principles that have defined the company’s  legacy for over two decades.

“Unveiling our redesigned identity at HBS India feels like the perfect moment to share our excitement with the world,” said Mr Ankit Virmani, Director, Esskay Beauty Resources. “The new logo is more than just a visual change; it’s a reflection of who we are and where we’re headed. As we scale globally and deepen our partnerships, this rebrand symbolizes our evolution into a more agile, service-led organization, committed to building the future of professional beauty. With every detail, from the heart that celebrates care to the checkmark that stands for trust, we’re signalling a future where Esskay Beauty lifts everyone along to succeed together.”

 Driven by a future-ready mindset, Esskay Beauty is investing in international expansion, agile supply chain to ensure faster, more responsive delivery and support. The company’s expanded customer engagement strategy includes enhanced educational initiatives and extended salon support—ensuring salons don’t just buy products but grow with the brand. Strengthening its portfolio, Esskay has also introduced two new verticals – Elite, focusing on premium offerings like Rica, Mr. Barber, Ola Candy, Waxxo and Skinora, and Luxe, which will feature luxury brands including Casmara, Rica Haircare, Olivia Garden and Macadamia, to ensure smooth operations.

Adding to this, Subham Virmani, Director, Esskay Beauty Resources commented, “This rebrand is also a renewed promise to our salon partners, one that strengthens our commitment to being more than just a distributor. Every day, we’re on the ground supporting professionals not only with products, but with education, training, and real-time solutions. As we expand globally, we remain deeply rooted in our purpose, to empower salons to thrive, scale, and succeed with us.”

Founded in 2002, Esskay Beauty has built a network that spans 300+ cities and supports over 22,000 salon partners. From bringing globally acclaimed products like Rica Wax and Casmara to India, to creating in-house brands such as Skinora and Mr. Barber, the company has played a key role in shaping the professional beauty space.

The new identity will be rolled out across packaging, digital platforms, salon touchpoints, and training channels.   Backed by a team of over 300 professionals, Esskay Beauty continues to cement its role not just as a supplier—but as a strategic partner and enabler of long-term growth for the beauty industry. As it embraces a new chapter, Esskay Beauty’s rebrand makes a bold statement: the future of professional beauty is here—and it’s global, inclusive, and built on trust.

Sunfox Technologies Earns ‘Most Promising Startup’ Title at Mahakumbh 2025

New Delhi, April 9th, 2025 – Sunfox Technologies, known for their hand-held AI-ECG machines, has been awarded as Startup Maharathi in Health & Bio Track during Startup Mahakumbh 2025 at Bharat Mandapam, Pragati Maidan, New Delhi. They won the prestigious title at the Startup Maharathi Challenge 2025, positioning them as a leading innovator in the health-tech space.

Selected after a rigorous multi-phase evaluation, the recognition was officially announced at the Startup Mahakumbh Recognition Ceremony on April 5, 2025, where industry leaders and dignitaries celebrated the nation’s most promising startups. Union Minister of Commerce and Industry, Shri Piyush Goyal conferred this award to cofounders of Sunfox.

Celebrated Shark, Piyush Bansal, also commended the device in his panel and the role it plays in saving lives during  Kedarnath Yatra. He mentioned that Spandan is his best investment from Shark Tank  till now: ”I am very happy to see the growth and how innovation is saving lives.”

This award is a huge milestone for us,” said Rajat Jain, Founder of Sunfox Technologies. “It strengthens our resolve to continue building solutions that save lives and bring quality healthcare within everyone’s reach.

Startup Mahakumbh 2025 brought together thousands of startups, investors, and industry stakeholders, serving as a national platform to showcase innovation and talent across sectors. Sunfox’s achievement stands as a testament to its pioneering role in India’s med-tech ecosystem.

Magenta Appoints Sujit Cherian as Chief Strategy Officer to Propel Innovation

Mumbai, April 9 2025 – Magenta Mobility, a leading player in India’s clean energy and electric mobility space, is pleased to announce the appointment of Sujit Cherian as Chief Strategy Officer (CSO). With over 25 years of experience in corporate strategy, investment banking, and financial planning, Sujit brings a wealth of industry insight and leadership to Magenta at a pivotal time in its growth journey.

Sujit-Cherian

Sujit is a Chartered Accountant with a proven track record in driving business transformation and scaling high-growth companies. Prior to joining Magenta, he served as the Chief Strategy Officer at LEAP India, where he played a key role in elevating the company’s valuation from ₹150 crore to ₹5,000 crore. Throughout his distinguished career, Sujit has held leadership positions at Bravia Capital, Rent Alpha, Go Air, Jet Airways, and the Indian Hotels Company (Taj Group), where he led key strategic initiatives, M&A transactions, and operational scale-ups across diverse sectors including logistics, aviation, and financial services.

“We are thrilled to welcome Sujit to the Magenta leadership team. His strategic acumen and capital markets expertise will be instrumental as we accelerate our mission to build sustainable EV infrastructure and clean energy solutions across India.” Mr. Maxson Lewis, Managing Director and CEO of Magenta Mobility.

Speaking on his appointment, Sujit Cherian said, “I am excited to join Magenta at such a transformative time for India’s energy and mobility ecosystem. I look forward to contributing to its vision of enabling clean and smart mobility through innovative business models and robust financial strategies.”

With Sujit’s addition, Magenta aims to further solidify its position as a leading force in India’s green transition and scale its operations in alignment with national sustainability goals.

Aster Medcity Hosts Scoliosis Diagnosis Camp with Exclusive Treatment Discounts

Kochi, 09 April, 2025: Aster Spine Centre at Aster Medcity conducts Scoliosis Diagnosis Camp, which will run till April 25th. Scoliosis, a curvature of the spine, affects millions worldwide, but with accurate diagnosis and timely treatment, it can be effectively managed and cured.

Aster Medcity is offering a 50% discount on doctor consultations. Additionally, patients recommended for X-ray and radiology services by doctors will receive a 20% discount and for those recommended for surgeries, a special package is introduced to ensure comprehensive care and support throughout their treatment journey.

Prime Minister Modi Visits Taj Samudra, Colombo During Official Tour

Chandigarh, APRIL 9, 2025: Taj Samudra, Colombo, had the honour of welcoming the Hon’ble Prime Minister of India, Shri Narendra Modi, during his recent visit to Sri Lanka. This visit marks a momentous milestone for Taj Samudra, further solidifying its role as a symbol of Indian hospitality in Sri Lanka. Set against the backdrop of the iconic Galle Face Green, Taj Samudra boasts breath-taking views of the mesmerizing Indian Ocean and the vibrant cityscape of Colombo.

The Prime Minister was warmly received by the hotel’s leadership and associates, who came together to extend their heartfelt hospitality. During the visit, Prime Minister Modi interacted with the hotel staff, appreciated the team’s dedication, and was presented with a specially crafted portrait as a token of respect and admiration.

The entire team at Taj Samudra expressed their deep gratitude and joy at the privilege of hosting the Hon’ble Prime Minister, reaffirming their unwavering commitment to upholding the highest standards of service and excellence.

NSE’s Ashishkumar Chauhan Calls India an Oasis in the Midst of Global Uncertainty

Chandigarh, April 09, 2025: Shri Ashishkumar Chauhan, MD & CEO of the National Stock Exchange of India (NSE), offered sharp insights into the Indian market’s performance amidst global headwinds, investor sentiment, and future prospects. He shared views at the India Global Forum, Mumbai NXT25

Shri Ashishkumar Chauhan, MD & CEO of the National Stock Exchange of India (NSE)

Despite a $1.5 trillion dip from the peak, Chauhan emphasized the long-term growth trajectory of Indian capital markets. “In 2014, India’s market cap stood below $1 trillion. Today, it is nearing $5 trillion—demonstrating significant wealth creation,” he noted.

Addressing concerns over foreign investor exits, Chauhan attributed the trend to global interest rate movements and a broader ‘risk-off’ sentiment impacting emerging markets. However, he stressed India’s relative insulation from global tariff tensions, supported by its unique export profile.

Retail participation continues to be a driving force for the Indian market. With over 60 million Indians contributing as little as ₹250 monthly via systematic investment plans (SIPs), the market sees a steady inflow of about US$ 2.5-3 billion per month . “This shows rising trust in Indian entrepreneurs and businesses,” Chauhan said.

On the topic of financial inclusion, Chauhan highlighted the importance of small-ticket investments in deepening market penetration. “These direct investments reflect growing investor maturity, even during phases of market volatility,” he added.

While IPO momentum remains strong, with over 50 filings in late March alone, Chauhan acknowledged that persistent global uncertainty could impact listing timelines. In 2024, NSE hosted 268 IPOs, raising $19.6 billion which was the highest IPO fund raising in the world , with 178 IPOs from the SME sector. Overall, fund mobilisation at NSE was over US$ 209 Bn.

On recent operational updates, Chauhan clarified the shift in derivatives expiry from Thursday to Monday was in response to regulatory changes and market consultation . “It’s a routine adjustment, and we await further guidance before implementing any additional changes,” he said.

Concluding with a balanced perspective, Chauhan remarked, “India is navigating global turbulence carefully. The fundamentals remain strong, and our regulators and government continue to provide a steady hand.”

KENT Sapphire RO Water Purifier Set to Redefine Water Purification Technology

New Delhi, 09 March, 2025– KENT, a leading brand in the water purification industry, has launched its latest innovation – KENT Sapphire, a next-generation RO water purifier designed to provide pure and healthy drinking water.

KENT Sapphire boasts a technologically advanced design, combining aesthetics and functionality to provide a unique purification experience. The purifier utilizes multiple purification processes, including RO+UF+Inline UV+Alkaline+TDS Control, to remove impurities and retain essential natural minerals in the purified water. Available in a price range of Rs 25,000.

With over 75% of Indian households still relying on untreated water sources, there is a pressing need for effective and affordable water purification solutions. At Kent we are committed to providing our customers with the best-in-class water purification solutions and we are proud to introduce KENT Sapphire, our latest innovation in the water purification segment, which is expected to contribute significantly to the growing demand for water purifiers in India, said Mahesh Gupta, Chairman and Managing Director, KENT RO Systems Ltd.

KENT Sapphire’s offers unique features such as it enhances the pH level of purified water up to 9.5, providing alkaline drinking water that regulates body pH levels, reduces acidity, and boosts immunity; it’s multiple purification process utilizes RO+UF+Inline UV+Alkaline+TDS control to remove impurities, including bacteria, viruses, chemicals, and dissolved impurities like arsenic, rust, pesticides, and fluorides; its TDS control valve allows controlling the desired TDS level to retain essential natural minerals in purified water; in addition it comes with UV LED in storage tank which keeps purified water bacteria-free and pure. Kent Sapphire comes with high purification and storage capacity which provides up to 20L/hr purification capacity and 8L storage capacity, ensuring a continuous supply of water even in the absence of electricity.

KENT Sapphire is a wall-mountable purifier, ideal for purification of brackish/tap water/municipal corporation water supply. With its advanced features and sleek design, KENT Sapphire is poised to revolutionize the water purification industry.

The Green House: Where Hydroponic Gardening Meets Farm-to-Fork Transparency

Gurugram, 9 April 2025 – The Leela Ambience Gurugram Hotel & Residences unveils its latest tribute to sustainable luxury—The Green House, an innovative hydroponic glass house garden that stands as the crown jewel of the property’s environmental initiatives. This glass house installation, strategically positioned within the hotel, serves as both botanical marvel and culinary epicenter, where guests witness the miracle of soil-free cultivation while experiencing unprecedented farm-to-table transparency.

Hydroponics is a method of cultivating plants where the roots are suspended in a water-based nutrient solution instead of soil. This eco-friendly initiative brings fresh, nutrient-rich produce straight from the hotel’s greenhouse to the guests’ plate, redefining the farm-to-fork experience. From vibrant lettuces to juicy tomatoes and aromatic herbs, the chefs craft exquisite dishes using ingredients grown right in the hotel.

Beyond its productive capacity, The Green House offers guests an immersive educational journey into sustainable agriculture. This hydroponic sanctuary serves as both philosophical statement and sensory invitation: a living manifesto of sustainability that guests can observe in meticulous detail.