New Delhi, 12th February, 2025—Kalyani Strategic Systems Limited (KSSL), a wholly owned subsidiary of Bharat Forge Limited (NYSE: BFL) and L3Harris Technologies (NYSE: LHX) signed a Memorandum of Understanding (MOU) for wider collaboration in supporting advanced defense and security equipment in India.

Under the two-year agreement, both companies will work in close collaboration to provide solutions for mutually agreed opportunities in Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C4ISR) technologies. The MOU provides L3Harris with a strong, local partner to support tactical communications network development in India, extending an existing global install footprint of more than 1 million fielded radios across U.S. Department of Defense and allied inventories.

“This MOU sets the stage for future partnerships and opportunities in India, where the combined strengths of L3Harris and KSSL can contribute to bolster national security for the country,” said Dave Johnson, Vice President, International, L3Harris. “We are excited to move forward and increase our delivery speed in advanced tactical radios and equipment to the Indian Armed Forces.”

The U.S.-India Defense Industrial Cooperation encourages both parties’ support of advanced defense technologies, capabilities and equipment. The MOU is designed to foster collaboration in defence technologies, with a framework for innovation that benefits both L3Harris and KSSL.

“This collaboration unlocks new strategic capabilities and will lead to harnessing new opportunities for quick delivery of sophisticated defense products to the Indian Armed Forces,” said Neelesh Tungar, President & CEO, KSSL. “Aligned with the evolving doctrines and emerging warfare paradigms, this collaboration between KSSL and L3Harris is aimed at serving future strategic requirements, including joint and integrated ISR capabilities.”

While focusing on the Indian market, the collaboration also seeks to establish robust and resilient supply chains outside India for global obligations.

L3Harris has operated in India for more than 21 years, with facilities in New Delhi and Bengaluru. In addition to providing the Indian Armed Forces with sophisticated tactical radios and manned airborne electro-optic/infrared systems, the company provides Futuristic Telecommunications Infrastructure for all Indian airports in partnership with the Airport Authority of India.

Bengaluru, February 12, 2025: Kempegowda International Airport Bengaluru (KIAB/BLR Airport) announces the installation of an innovative Aerial View Display (AVD) System that is set to enhance the overall efficiency of airport operations and emergency responses on the airside. This system offers real-time, consolidated monitoring of all airside operations from the Airport Operations Control Centre (AOCC), from flight movements to the coordination of emergency and ground vehicles, all on a single, centralised dashboard.

The AVD System is designed to significantly enhance operational efficiency and safety by providing airport operators and stakeholders with a unified view of critical airside activities, including flight landings, take-offs, taxiing, and vehicle movements. By identifying flights through their flight numbers rather than traditional ATC call signs, the system simplifies tracking and management, empowering BLR Airport to streamline operations and make more collaborative and informed, real-time decisions with unparalleled situational awareness.

Features of the AVD System include:

• Real-Time Unified Dashboard: A single platform providing real-time visibility into airside operations, including flight landings, take-offs, taxiing, and vehicle movements
• Advanced Flight Tracking: Accurate monitoring of taxiing, aircraft speed, and runway occupancy time (ROT) to boost airside efficiency
• Ground Vehicle Monitoring: Real-time tracking of ground vehicles for seamless coordination and enhanced safety
• Collaborative Decision-Making (CDM): Tracks CDM milestones to improve stakeholder collaboration and optimize operational planning
• Emergency Alerts: Enabling better coordination during emergencies ensuring swift responses to minimize risks and disruptions
• Optimised Taxi Times: In-depth analysis to reduce delays and ensure smooth operational flow which results in better On-time Performance (OTP) and energy savings.

Commenting on this milestone, Satyaki Raghunath, Chief Operating Officer of Bangalore International Airport Limited (BIAL) said, “BLR Airport has been at the forefront of adopting technology to ensure the highest standards of safety, efficiency, and operational excellence. The Aerial View Display (AVD) System will enables real-time, automated monitoring and seamless coordination across the entire airside. This innovation will not only streamline operations but also empower stakeholders of BLR Airport to make faster, data-driven decisions that will improve capacity and efficiency across our airside operations, which in turn will lead to a reduction in emissions and enhanced sustainability standards.”

The Aerial View Display (AVD) System reinforces BLR Airport’s commitment to innovation, operational excellence and sustainability. By harnessing real-time data and offering a unified view of airside operations, the system creates a smarter, more efficient airport ecosystem, enhancing stakeholder collaboration and delivering seamless travel experiences for passengers.

As a key aviation hub, BLR Airport aims to set new benchmarks in operational efficiency by adopting the latest innovation and technology. The AVD system underscores the Airport’s dedication to leveraging advanced solutions to drive sustainable growth, ensure safety, and maintain its leadership in modern airport management.

Bengaluru, India – Feb 12, 2025: Samsung, India’s largest consumer electronics brand, is set to revolutionize the 5G segment with the upcoming launch of its Galaxy F06 5G smartphone. This device will provide a complete 5G experience at an affordable price, making 5G technology accessible for more users and accelerating its widespread adoption across the country.

Galaxy F06 5G is built to deliver unmatched connectivity, supporting 12 5G bands across all telecom operators. Galaxy F06 5G is also enabled to provide a smoother live streaming & video calling experience and better download speeds thanks to enhanced connectivity.

Galaxy F06 5G is poised to feature an 8 mm sleek design with ‘Ripple Glow’ finish that shimmers with every movement. It also features a large 6.7-inch HD+ display, offering an immersive visual experience for streaming and content consumption. Moreover, the all-new Camera Deco with a 50MP Dual cam strikes a chord with Gen Z and Millennial consumers.

Powered by the MediaTek D6300 processor, Galaxy F06 5G will also boast a powerful Antutu score of up to 416K, ensuring smooth performance for multitasking and gaming. With the promise of 4 generations of Android upgrades and 4 years of security updates, users can enjoy the latest features and security enhancements for a long time.

Furthermore, in its endeavour of bringing innovation across the value chain, Samsung is bringing its much loved feature – Voice Focus with Galaxy F06 5G. This device will also come with Quick share and Knox Vault.

Galaxy F06 5G will be available in two bold and mesmerizing colours: Bahama Blue and Lit Violet.

New Delhi, 11th February 2025: Daifuku Intralogistics India, a leader in warehouse automation solutions, has elevated Mr. Asim Behera to the role of Chief Executive Officer (CEO). Previously serving as President of the India operations, Mr. Behera brings extensive expertise and a deep alignment with Daifuku’s vision to drive the company’s next phase of growth.

Mr. Naoyuki Andou, commented on this appointment, saying, “With a proven track record of dedication and excellence, Asim has been an integral part of Daifuku’s journey. His leadership marks the beginning of an exciting new chapter for our organization—one focused on innovation, growth, and industry-leading standards.”

Mr. Behera succeeds Mr. Srinivas Garimella, who transitioned to the position of Chairman of the board. Under Mr. Behera’s leadership, Daifuku Intralogistics India will continue to deliver Efficient, Reliable, and Accurate (ERA) material handling solutions while advancing automation adoption across India’s rapidly expanding manufacturing sector.

Commenting on his new role, Mr. Asim Behera, said, “India is still at a very nascent stage when it comes to automation, yet it remains one of the fastest-growing markets. Daifuku is making significant investments in India, including a state-of-the-art mega factory in Hyderabad. We are committed to expanding our market share while maintaining the superior product quality that has been Daifuku’s strength for over eight decades.”

Daifuku Intralogistics India specializes in cutting-edge warehouse automation systems, serving clients with solutions such as Unit Load AS/RS, Mini Load AS/RS, Sorting Transfer Vehicles (STVs), Conveyors, and WareNavi (WMS/WCS). With over 85+ years of global expertise, the company continues to set benchmarks in innovation and operational excellence.

Mumbai, India, 11th January 2025: In a landmark move to enhance credit availability for Micro and Small Enterprises (MSEs), the Ministry of Micro, Small, and Medium Enterprises (MSMEs) and the Small Industries Development Bank of India (SIDBI) set up the CGTMSE—the Credit Guarantee Fund Trust for Micro and Small Enterprises. This scheme facilitates institutional credit access for MSEs by offering guaranteed coverage to member lending institutions.

Along with the expansion of CredAble’s digital lending capabilities, its NBFC arm—Equentia Financial Service Private Limited (a non-deposit-taking NBFC)—has recently joined CGTMSE as a member lending institution.

This membership is a significant step forward in CredAble’s journey to address the working capital gaps of the MSME sector in India.

Through the CGTMSE Udaan Guarantee Scheme, loans extended by CredAble’s NBFC wing to micro and small businesses are now secured with a 75% guarantee cover for standard loans. This framework offers significant risk mitigation, protecting CredAble against potential defaults while expanding credit availability to underserved segments.

These benefits, combined with CGTMSE’s guarantee mechanism, strengthen CredAble’s ability to deepen its wallet share and extend short-term working capital loans to micro and small enterprises. A large portion of the loans extended under the CGTMSE scheme by CredAble will be part of the supply chain financing and working capital loans.

Currently, close to one-third of Equestria Financial Service’s lending book is dedicated to micro and small enterprises. After qualifying as a member lending institution for the CGTMSE scheme, CredAble plans to grow this to 40-45% of its lending portfolio—further increasing access to MSE credit.

Commenting on this milestone, Manu Prakash, Managing Director, Lending and Capital Markets of CredAble, said:

“CredAble’s working capital financing suite is a game-changer for businesses in India. We are excited to take things up several notches by becoming a member lending institution under SIDBI’s CGTMSE scheme. Through this initiative, we plan to expand our outreach and contribute to the financial inclusion of micro and small business segments across India, which have been traditionally overlooked by conventional lenders. This marks a momentous milestone in our growth journey, and we look forward to growing our lending share and supporting the working capital needs of these critical economic drivers.”

By facilitating timely access to working capital, CredAble empowers clients in industries such as manufacturing, e-commerce, logistics, and services to outpace their competitors.

In a commendable move to inject more capital into the MSME sector, the Union Budget 2025 has introduced a significant enhancement of credit availability with the credit guarantee cover for micro and small enterprises extended from INR 5 crore to INR 10 crore. One of the significant changes in the budget is the revised classification criteria for MSMEs. The budget has increased the turnover cap for micro-enterprises to INR 10 crore and small enterprises to INR 100 crore. This change allows more businesses to qualify, expanding CredAble’s reach as a member lending institution under the CGTMSE scheme to better support micro and small enterprises.

Strong government backing coupled with innovative, tech-enabled offerings from FinTechs like CredAble is driving advancements in the digital lending space, promising to substantially increase MSMEs’ access to working capital in the years to come.

With an expanding team of industry specialists and global delivery frameworks, the company is continuously innovating financial products to enhance agility, offering solutions that accelerate value and expedite clients’ time-to-market trajectories.

As a member lending institution under the CGTMSE scheme, CredAble is also well-positioned to scale its supply chain offerings and bridge the working capital gap for micro and small sellers catering to larger corporations.

CredAble remains committed to broadening its lending horizons while empowering India’s micro and small enterprises through sustainable and easily accessible financing solutions.

Chennai, 11th February 2025: NDR InvIT Trust, the first Perpetual Warehousing and Industrial Parks InvIT, listed on the National Stock Exchange, held its Board meeting on 10th February 2025, and reported results for the third quarter and nine months ended 31st December 2024.

•  NAV at Rs. 127.26/unit as of 31st December, 2024
•  Declared distribution of Rs. 1.75 (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 & 9M FY25
•  Assets under Management (AUM) stood at ~19.01 mn. sq. ft (MSF) across India.

o Out of the 17 mn sq. ft. leasable area

o 2.01 million sq. ft. is currently under acquisition in Q3 FY25 across Bengaluru, Hyderabad, Pune, and Surat.

Mr. Sandeep Jain, Chief Financial Officer of NDR InvIT Trust, said,

“Q3 was a defining quarter for us as we grew our Revenues, and EBITDA, and expanded our footprint in Prime Locations. We were also the first InvIT in India to issue ‘Sustainability Linked Bonds’ via. IFC, and NaBFID, India’s premier Infrastructure Financing Bank, also took part in our LT Bond Issuance. The proceeds of which were used to replace debt, at the SPVs thereby augmenting the cash flows at the InvIT level, and in the Portfolio Expansion. Our growth, and acquisitions strategy remain Value Accretive to our Investors.”

Business Highlights:

•  Under acquisition assets of 2.01 mn sq. ft. in Surat, Hyderabad, Pune and Bengaluru
•  13 Cities, 33 Industrial Parks, 55+ Warehouses
•  Pan India Occupancy Levels at ~98%
•  Top 10 Clients Contribute 35% of Revenue
•  ~16% of Leases coming up for renewals in FY26

Financial Highlights:

•  Clocked healthy revenue growth of 5.65% and EBITDA growth 8.86% in Q3 vs Q2 FY25
•  Recorded Revenue from the Operation of RS. 793.20 mn in Q3 FY25 and RS. 2,295.72 mn in 9M FY25
•  EBITDA stood at RS. 715.55 mn in Q3 FY25 and RS. 2,034.50 mn 9M FY25

Distribution:

•  Distribution for Q3 FY25 is Rs. 673.75 mn and for 9M FY25 is Rs. 2,407.36 mn
•  Declared distribution of Rs. 1.75/unit (Rs. 0.85 as Interest and Rs. 0.90 as the return of capital) per unit to the unit holders for Q3 FY25
•  The record date for the distribution is February 12, 2025

Valentine’s Day is just around the corner, and finding the right gift can feel like a challenge. While flowers and chocolates are always lovely, a piece of timeless jewelry can carry a deeper meaning. Pearls, in particular, have a quiet elegance that seems to grow more beautiful with time, much like the connections we cherish. If you’re considering something special, pearl jewelry offers a subtle yet heartfelt way to express your feelings.

Jagdamba Pearls has launched an exclusive collection for Valentine’s Day, and here are five stunning jewelry pieces that are perfect for making this occasion truly memorable.

1. Adora 925 Silver Pendant Set

From the exclusive Valentine’s Day collection, the Adora 925 Silver Pendant Set blends sleek, modern design with timeless charm. Whether paired with everyday outfits or special occasion wear, this set adds a touch of sophistication and elegance, making it a thoughtful and stylish gift.

2. Qarin Pearl Bracelet

A pearl bracelet is a thoughtful gift that represents love and admiration. The Qarin Pearl Bracelet, made with fine freshwater pearls, is a delicate yet stylish piece that complements any look. Whether worn alone or stacked with other bracelets, it is a beautiful reminder of a special bond.

3. Bella 925 Silver Pendant Set

A personalized gift always holds a special meaning. The Bella 925 Silver Pendant Set offers the option to engrave a name, date, or heartfelt message, making it a truly unique piece. Whether gifted to a partner, a close friend, or a loved one, this pendant becomes a cherished keepsake.

4. Oditi 18KT 3.23 Grams Rose Gold Pearl Earrings

These stunning earrings combine the elegance of 18KT rose gold with the timeless beauty of pearls. Weighing 3.23 grams, the Oditi Pearl Earrings offer a chic and sophisticated design that effortlessly complements any outfit. Perfect for both everyday wear and special occasions, these earrings add a touch of luxury and grace, making them an ideal gift for someone special this Valentine’s Day.

5. Baani 2 Lines Pearl Watch

A watch is both a practical and stylish gift, and the Baani 2 Lines Pearl Watch is the perfect blend of elegance and functionality. Adorned with pearls, this timepiece adds a touch of luxury to any outfit. Whether for daily wear or special occasions, this watch is a thoughtful and timeless present.

This Valentine’s Day, Jagdamba Pearls offers a beautiful collection of pearl jewelry that makes gifting effortless. Whether it’s a classic necklace, a delicate bracelet each piece is designed to make the day unforgettable.

Because nothing expresses love better than the timeless beauty of pearls.

Kolkata, February 11, 2025: Bandhan Life Insurance, a leading life insurance company, is excited to launch its new Flexi Cap Fund, with Bandhan Life iInvest II and iInvest Advantage ULIPs (unit-linked insurance plans). The new Fund Launch is open till February 24, 2025, and starts at just ₹10 NAV.

Satishwar B., MD & CEO, of Bandhan Life Insurance, said, “With the launch of the Flexi Cap Fund in Bandhan Life iInvest products, we are providing a unique combination of growth potential and life cover, helping our customers achieve their wealth goals while ensuring their loved ones are protected. This offering marks a significant step forward in our promise, ‘Bharat Ki Udaan, Bandhan Se’, to offer affordable and customer-friendly life insurance solutions.”

Commenting on the fund strategy, Saibal Ghosh, Chief Investment Officer at Bandhan Life Insurance, said, “The fund strategy is designed to offer flexibility in building a portfolio, regardless of a stock’s market cap. It combines an optimal blend of resilient large-cap stocks, high-growth mid-cap stocks, and high-potential small-cap stocks. Our Flexi cap fund effectively captures India’s growth story, ensuring strong returns for investors over the medium to long term. Customers can access this powerful opportunity and achieve long-term capital appreciation to build a strong financial future.”

Bandhan Life iInvest II and iInvest Advantage are ULIP products that offer market-linked returns along with a substantial life cover of up to 20 times the annual premium. With monthly premiums starting from just ₹3,000, customers can tailor their investment strategy to suit their needs; and get the option to access their funds through partial withdrawal after five years. In addition to the new fund launch, both products give customers access to Bandhan Life’s other top-performing 5-star and 4-star rated funds* that have outperformed industry benchmarks, so customers can achieve their financial goals with confidence.

New Delhi, India, February 11, 2025: Anaptyss — a digitally enabled managed services provider in the global BFS&I industry — is set to double its workforce in the country by 2027. The company plans to recruit over 600 professionals from across multiple cities, including Gurugram, Noida, Pune, Kolkata, Hyderabad, Bengaluru, and Jaipur.

The hiring campaign will concentrate on attracting niche domain talent across highly specialized domains such as Model Risk Management, Enterprise Risk Management, Credit Risk Management, Cryptocurrency, Fraud Analytics, Fund Management, and Loss Mitigation, among others.

The talent expansion in India will help Anaptyss accelerate delivery for international clientele through its global capability centers based in India. The campaign aligns with the company’s strategy of expanding its digitally enabled managed services offerings for clients across North and South America, including Canada and Mexico. The ramped-up capacity will also support Anaptyss’ penetration into Europe, with planned growth in the UK, Romania, Ireland, Poland, Hungary, and Germany.

To support this expansion, the company is actively seeking to hire professionals with premier qualifications and technical competencies, including CA, CFA, Mathematical Modeling, Agile Low-Code App Development, Basel III, SR 11-7, and Stress Testing. Additional expertise areas include SQL, Hadoop, Spark, Power BI, and cutting-edge technology stacks such as OpenAI, Azure, Copilot, AWS, Docker, and UiPath.

Commenting on the company’s hiring efforts, Anuj Khurana, Co-Founder, and CEO, Anaptyss said,” The strong demand for our Managed Services expertise in BFS&I has driven remarkable growth, including a 200% increase in topline revenue and a 150% rise in headcount over the past year. India remains central to our growth strategy, providing the right mix of talent and innovation to propel our global expansion. As the financial sector evolves, a highly skilled workforce is essential to staying ahead of market demands.”

With women constituting approx. 32% of its workforce, including nearly 35% in leadership roles, Anaptyss demonstrates a strong focus on ensuring a diverse, equitable, and inclusive workplace. The company is also strengthening its campus hiring strategy by collaborating with Tier-1 business schools and institutions like ICAI to attract top talent in specialized finance and technology domains.

“In the last 1 year, we have seen a paradigm shift in traditional offshoring, with increased demand across niche domains like cryptocurrency, enterprise risk management, model risk management, credit risk management, mortgage, and financial crime compliance and fraud analytics. We will continue to innovate and address the growing demand for Value Driven Managed Services in the BFS&I sector, and India will be at the center of enabling delivery excellence for us.” Anuj Khurana further added.