Shri CS Pradeep Ramakrishnan on Strengthening IFSC’s Global Standing
National/Gujarat, 14th March 2025: India’s apex industry body for the alternate capital ecosystem, Indian Venture and Alternate Capital Association (IVCA), in collaboration with the International Financial Services Centres Authority (IFSCA), hosted the inaugural IFSCA-IVCA Fund Management Conclave 2025 on 12th March, held at GIFT City’s prestigious GIFT Club.
Organised in partnership with IC Universal Legal, Investec, PwC, and Peak XV Partners, the Conclave fostered conversations on accelerating capital flows through IFSC and strengthening India’s position in the global investment ecosystem. Delivering an address on “Fund Management Growth in IFSC”, Shri Pradeep Ramakrishnan, Executive Director, IFSCA, highlighted the regulatory advancements and opportunities that shape the sector.
Emphasising GIFT City’s development as a worldwide centre for fund management, Shri Ramakrishnan said, “IFSC is at a crucial point in its journey to becoming a global financial powerhouse. With nearly 200 debt issuances and growing opportunities in ETFs, we expect significant expansion. However, the ESG fund ecosystem has yet to gain momentum. To encourage participation, we have waived fees for the first 10 ESG funds, with a few slots still open.
The cost of compliance is far lower than the cost of non-compliance. IFSC must not be seen as just a branch office of Mumbai or any other financial hub—it must establish itself as an independent, thriving ecosystem. Strengthening governance, particularly through the role of Principal Officers (POs) and Compliance Officers (COs), is essential for ensuring IFSC’s credibility on the global stage.
As regulators, we remain open to industry feedback and are introducing a master circular and innovative structure like the SPV model to streamline operations. IFSC is more than just a gateway for global investments—it is a center for financial innovation and integrity. Now is the time to seize this opportunity and shape IFSC’s future as a world-class financial hub.”
With an increasing number of fund management entities (FMEs) running a range of investment schemes, such as venture capital, private equity, global debt, and alternative investment funds (AIFs), Shri Ramakrishnan emphasised the growth of fund management activities at GIFT-IFSC. He emphasised that the policy measures of IFSCA have been instrumental in luring both foreign and domestic fund managers to join IFSC.
The Conclave provided a prestigious platform for discussions among senior government officials, fund managers, and financial industry leaders, focusing on fund regulations, taxation policies, and structuring options for global investors at GIFT-IFSC.
Oil, Gas & Power World Expo 2025: WIKA India Unveils Cutting-Edge Measurement Technologies
Mumbai, Maharashtra, India – 14th March 2025 – WIKA India, a leader in the world of measurement instrumentation technology, participated in the 13th International Integrated Energy Exhibition & Conferences, known as the Oil Gas & Power World Expo 2025. Organized by Chemtech, the event was scheduled from March 5 to 7, 2025, at the Bombay Exhibition Center, Mumbai, India,
At this esteemed event, WIKA India exhibited its latest innovations in measurement technology tailored for the oil, gas, and power industries. WIKA has been a partner to the hydrogen industry for instrumentation-related solutions, with a proven track record, and is geared up to resolve any new challenges ahead. Whether the hydrogen is produced by conventional methods or based on renewable energies, these provide solutions for the entire value chain of the hydrogen industry. WIKA witnessed a huge number of visitors in their booth to discover its comprehensive range of products and solutions designed to enhance operational efficiency, safety, and reliability.
Gaurav Bawa, Senior Vice President, WIKA India, said, “The Oil Gas & Power World Expo 2025 serves as a pivotal platform to showcase innovative solutions driving energy transformation. At WIKA India, we are committed to enabling the oil, gas, and power sectors to make the best use of advanced and cutting-edge measurement technologies that enhance efficiency and safety. This event provided us an opportunity to collaborate with industry leaders and contribute to shaping a sustainable energy future. We look forward to sharing our expertise and forging meaningful partnerships with our customers.”
Shiv Nadar University Hosts Industry Partners Meet 2025, Strengthening Synergy
New Delhi, 14th March 2025: Shiv Nadar University, Delhi-NCR, successfully hosted the second edition of its Industry Partners Meet in New Delhi. Themed “Innovate, Educate, Elevate,” the event brought together over 300 industry leaders from more than 250 organizations spanning IT, core engineering, consulting, finance, FMCG, semiconductors, automobiles, the social sector, think tanks, startups, and telecom. The meet served as a dynamic platform for strengthening industry-academia ties through thought-provoking discussions, exclusive insights, and strategic collaborations.
Among the distinguished attendees were the CEOs of EY and AT&T, as well as senior HR leaders from Ericsson, S&P Global, and Unique Logistics. Their presence underscored the event’s significance in fostering impactful conversations on emerging industry trends, disruptive innovations, and workforce transformation.
One of the key highlights of the event was the CEO Panel, moderated by Professor Ananya Mukherjee, Vice-Chancellor of Shiv Nadar University, Delhi-NCR. The panel featured Mr. Shikhar Malhotra, Vice-Chairman & CEO of HCL Healthcare and Chancellor of Shiv Nadar University Delhi-NCR, Mr. Rajiv Memani, Chairman and Managing Partner of EY, and Mr. Arun Karna, Managing Director & CEO of AT&T. The discussion explored the evolving role of technology in shaping business landscapes and the need for greater investment in research and development.
Addressing the challenges in this space, Rajiv Memani, Chairman and Managing Partner of EY stated, “To unlock the full potential of the industry-academia collaboration, there must be heightened awareness and more structured interactions between both sectors. This could include initiatives such as deploying industry professionals to academia and vice versa, or creating regional research clusters. Additionally, aligning academic curricula with industry advancements, especially in fields like AI, is crucial to bridge the gap between academia’s output and the needs of the industry. This integrated approach is essential to drive deeper, more meaningful engagement and innovation.”
“Universities should act as incubators for startups, offering mentorship, funding, and infrastructure while ensuring that academic research aligns with market needs. Industry, in turn, can bring real-world use cases to be solved and expertise, apart from funding,” said Arun Karna, Managing Director & CEO of AT&T.
Another key session, the Leaders in Conversation CHRO Panel, moderated by Ms. Anubha Bali, Senior Director, Career Development Center, Shiv Nadar University, DLehi-NCR, brought together senior HR professionals to discuss talent development, workforce transformation, and leadership strategies. The panel featured Ms. Priyanka Anand, Vice President & Head of HR at Ericsson (Southeast Asia, Oceania & India), Ms. Bhavna Batra, Vice President – People at S&P Global, and Ms. Kalpana Sachdeva, Regional HR Director, Asia at Unique Logistics. Their discussion provided valuable insights into the evolving talent landscape, highlighting strategies for building a future-ready workforce.
In addition to these high-level discussions, the event featured 19 mindshare sessions designed to cultivate deeper engagement between industry leaders, alumni, and faculty members. Each session included six industry experts, a distinguished alumnus, and a faculty expert, leading to in-depth discussions on critical themes such as AI’s impact on jobs, unlocking human potential, the talent war, bridging industry-academia gaps, and emerging trends in people strategy. These interactive dialogues facilitated cross-sector knowledge exchange and generated actionable takeaways for both academia and industry.
Expressing gratitude to the attendees for their participation, Professor Ananya Mukherjee, Vice-Chancellor of Shiv Nadar University, Delhi-NCR said, “We sincerely thank our industry partners for their invaluable participation and insights. This exchange of ideas reinforces our strong academia-industry partnerships, ensuring we continue driving innovation and growth. We look forward to translating these discussions into impactful collaborations.”
The Industry Partners Meet 2025 reaffirmed Shiv Nadar University’s unwavering commitment to excellence in education, innovation, and collaboration by fostering strategic industry connections. The event set the stage for deeper partnerships, equipping students with real-world insights and future-ready skills, and strengthening the university’s position as a leading hub for academic and industry excellence.
League-wide Sponsorship Announced for Official ‘Ready to Drink’ Partner
The American Association of Professional Baseball and Carbliss have announced a three-year partnership beginning in 2025. Carbliss becomes the American Association’s first-ever Founding Partner and official “Ready to Drink” beverage of the League.
Carbliss, a canned ready-to-drink cocktail brand founded in Wisconsin, has seen sales grow from 52,000 cans in 2019 to 72,000,000 in 2024. Carbliss now ranks as the #1 Fastest Growing Food and Beverage Company on Inc. 5000s list of fastest growing privately owned companies.
“We are extremely thrilled that Carbliss selected the American Association of Professional Baseball as the marketing platform to introduce its brand for the first time ever on a League level. Our footprint, highlighted by our markets across the Midwest provides a grand opportunity to expand Carbliss’ brand and reach, while driving “seat-to-sip” in our intimate, professional stadiums” said American Association Commissioner, Joshua Schaub. “We look forward to working and growing together for years to come.”
As a part of the new League-wide program, Carbliss will have Behind Home Plate signage, a dominant branding position across nearly all twelve AAPB stadiums. Further, Carbliss will be featured as the Official Helmet Partner, with decal branding ownership across the league. This is the first time in League history that a sponsor has been featured on AAPB helmets.
Carbliss will also be named the Presenting partner of the AAPB All-Star Game to be played at Newman Outdoor Field in Fargo, N.D. on July 22, 2025. Additionally, Carbliss will sponsor a new league-wide Veterans Day initiative, honoring veteran owned companies throughout the American Association footprint.
The American Association, a MLB Partner League has achieved a 31% growth in attendance since 2021 (now over 1.65 million fans in 2024) while over 4 million fans watched AAPB broadcasts across various distribution platforms in 2024. At the same time, the League’s social media platforms totaled a reach of more than 12.1 million.
“Sports marketing has proven to be an excellent way for Carbliss to connect with our loyal fans while introducing our brand to new audiences. Our partnership with the American Association marks Carbliss’ first League-wide marketing collaboration, and we’re thrilled to work with the League and its member teams to showcase everything Carbliss has to offer to AAPB fans,” said Adam Kroener, President and Co-Founder of Carbliss.
Along with the aforementioned marketing entitlements, Carbliss will focus on pouring, sampling, activation, and promotional nights across American Association teams. A direct part of this partnership will include Agave, a lead generation in-game gamification program.
Everest Group Commends NTT DATA as Leader in SAP® Business Application Services

Gaurav Agarwal, EVP, MD & CEO, NTT DATA Business Solutions, India, said:
“Being recognized by Everest Group as a Leader in SAP Business Application Services is a significant milestone for our India business. It underscores our strong market presence, deep expertise, and ability to drive large-scale SAP transformations for enterprises across industries. With our proven capabilities in SAP S/4HANA migrations, industry-specific solutions, and a highly skilled local talent pool, we are uniquely positioned to support Indian businesses in their digital transformation journey. This achievement reaffirms our commitment to delivering innovative SAP solutions that help our customers stay ahead in an increasingly competitive landscape.”“The SAP business application services market is witnessing a significant shift as enterprises migrate from SAP ERP Central Component (SAP ECC) to SAP S/4HANA, driven by the urgency to upgrade before ECC support ends. The adoption of RISE with SAP and GROW with SAP has surged, driven by SAP’s strategic emphasis on these offerings and their attractive pricing. Notably, RISE with SAP accounted for ~25-30% of all SAP S/4HANA deals in CY 2023-2024, and this trend is expected to continue. In this evolving landscape, service providers play a critical role in enabling fit-for-purpose migrations, bringing differentiated cloud capabilities, optimizing strategies, and ensuring enterprises maximize value from their SAP investments,” says AS Yamohiadeen, Practice Director at Everest Group. “NTT DATA has credible proof points in executing end-to-end transformations across SAP products including SAP S/4HANA, SAP SuccessFactors, SAP Analytics Cloud and SAP Ariba. It has invested in developing multiple SAP-certified cross-industry solutions such as SAP S/4HANA conversion R2R, Intelligent Business Suite, GLASSWING and others to augment time-to-market for its clients. Its strong partnership with SAP, a differentiated partner ecosystem, and consistent industry recognitions further enhance its market credibility. Additionally, its technical expertise, domain knowledge and pricing and commercial flexibility are well perceived by clients. Taken together, these capabilities have helped position NTT DATA as a Leader and a Star Performer on Everest Group’s SAP Business Application Services PEAK Matrix® Assessment 2025.”
Wow Momo Welcomes Innovation in FMCG: ‘Desi-Asian Flavours’ Cup Noodles Hit the Market
Hyderabad, 14th March 2025: Wow! Momo, the country’s leading QSR brand, has made a bold entry into the FMCG Cup Noodles segment with the launch of Wow! Noodles – a first-of-its-kind range of Desi-Asian Flavours, revolutionizing the instant noodles market. With a unique blend of authentic and wholesome flavors, Wow! Noodles is designed for the modern Indian consumer who craves convenient yet delicious meals anytime, anywhere.
The innovative range features a fusion of iconic Asian and Indian flavors, including Thukpa, Khao Suey, Manchurian, Korean, and Chinese Bhel, ensuring a flavourful experience like never before. With a growing focus on instant, high-quality, and restaurant-style meals, Wow! Noodles delivers an authentic taste experience in just five minutes.
Expanding Nationwide with Omnichannel Availability Wow! Noodles has already made its mark across leading Quick Commerce platforms such as Instamart, Zepto, Blinkit, BigBasket, Flipkart Minutes, and D Mart Ready, along with Modern Trade giants like Reliance, More Retail, Spencer’s, Spar, and Ratnadeep, among others. Additionally, the brand has established a robust presence in 10,000+ general trade stores across 200+ towns and cities.
Further solidifying its footprint, Wow! Noodles is also soaring high at 35,000 feet, making its way into inflight menus of Akasa Air, Air India Express, and Spice Jet. The response from travellers has been overwhelmingly positive, reinforcing the product’s appeal across a wide consumer base.
Innovative Consumer Engagement & Product Trials Wow! Noodles is driving deep consumer engagement through immersive in-store activations, innovative displays, and extensive product sampling in modern trade outlets. The brand’s emphasis on taste, convenience, and authenticity has led to strong trial adoption and enthusiastic feedback across all age groups.
Sagar Daryani, Group CEO & Founder, Wow! Momo, expressed his excitement about the launch:
“At Wow! Momo Foods, innovation is in our DNA. With Wow! Noodles, we are disrupting the cup noodles category by bringing the perfect blend of desi and Asian flavors in a format that is both convenient and exciting. As we continue to expand our FMCG footprint, this launch marks a significant step towards making Wow! Momo a household name beyond QSR.”
Mithun Appaiah, CEO, Wow! FMCG, added:
“We are leveraging the strong brand equity of Wow! Momo to make Wow! Noodles a household favourite. With our focus on product innovation and strategic channel expansion, we are confident about an exciting year ahead—bringing new Flavors, scaling our distribution reach, and disrupting the FMCG space.”
As Wow! Momo continues to innovate and expand its FMCG portfolio, Wow! Noodles is set to redefine instant meals with wholesome, authentic, and delicious flavors – anytime, anywhere. Wow! FMCG was launched about 24 months ago with packaged momos which has disrupted the category to become one of the top selling brands across key channels in a very short duration. With 16 skus in Momos & now with 9 SKUs of cup noodles its available across 200+ towns and cities in more than 10k stores and distribution points. The division is already at a 60 Cr (ARR) within a short duration of launching its range. Recently Wow! Momo FMCG division launched their range across the Middle East market with the Lulu group which takes them international
Gaurav Mavi Secures Homebuyers’ Rights: Insights from BOP.in on World Consumer Rights Day
New Delhi March 14, 2025: A house purchase is a significant emotional as well as a financial investment. But even when the extent of this investment is so great, homebuyers are not adequately informed about their rights, so they are vulnerable to fraud, misrepresentation, and malpractices. Thus, it becomes necessary to explore some key consumer rights that must be familiar to each property purchaser in order to obtain a clean and equitable property deal. Gaurav Mavi, Co-founder of BOP.in, highlights the importance of verifying the following key aspects.

- Right to Information*
The right to information is among the most fundamental consumer rights in property. Buyers should receive full and clear information regarding the legal status of the property, approvals, prices, amenities, and possession timelines. Some of the developers and agents have a moral and legal obligation to offer original documents such as the title deed, encumbrance certificate, and RERA registration details so that buyers receive open information.
- Right to Fair Pricing and No Misleading Advertisements
Consumers are the victims of fraudulent advertisements and inflated property prices in most cases. Builders and sellers are required to provide true and fair information on price, such as additional charges like maintenance, parking, or registration fees. Misleading advertisement and price manipulation under the Real Estate (Regulation and Development) Act (RERA) incur penalties.
- Right to Legal Protection Under RERA
The Real Estate (Regulation and Development) Act, 2016 (RERA) has been implemented with the purpose to protect homebuyers from malpractices by builders. It mandates that all real estate developments must be registered and developers need to adhere to certain norms. Homebuyers are entitled to approach the RERA authority for complaint in the event of possession delays, shoddy work quality, or deviation from the sanctioned plan in the project.
- Right to Timely Possession
One of the biggest concerns for home buyers is project delays. According to RERA, the builders have to comply with the deadline date of project delivery. In case of an unacceptable delay, the buyers are entitled to claim compensation or reimbursement. This ensures that customers are not left stranded after they have made their hard-earned money.
- Right Against Unfair Contracts
3 Some developers are inclined to include one-sided terms in consumer contracts in their own interest against the consumer. Buyers should negotiate terms and should read carefully before signing the contract. As per the Consumer Protection Act, unfair terms of a contract can be challenged in a court of law to ensure that the buyer is not at a disadvantage.
- Right to Quality and Defect-Free Property
Once possession, in case the buyer finds structural defects or poor workmanship, he/she can seek rectification. As per RERA, the developer has to rectify such defects within five years of handing over possession. It protects consumers from poor quality construction and hidden defects.
- Right to Refund and Compensation
If a developer fails to deliver the property as per the agreement or violates consumers’ rights, the consumer has the right to seek a refund or compensation. RERA ensures that consumers have the right to register complaints against developers for default and they are also entitled to refunds along with interest or compensation.
Godrej Capital’s Aarohi Initiative Celebrates Women’s Leadership and Financial Inclusion
Mumbai, March 14, 2025: Godrej Capital, the financial services arm of Godrej Industries Group, has launched Aarohi, an initiative to empower women beyond enabling credit. Aarohi will drive inclusive growth by expanding financial access, strengthening community initiatives, and increasing opportunities for women. It focuses on empowering women as customers, collaborating with channel partners, promoting inclusive hiring, and addressing well-being and representation.
With a goal to positively impact 100,000 women over the next five years, Aarohi aims to foster meaningful growth. To mark this expansion, Godrej Capital has launched a film that highlights the challenges women face and opens a dialogue to address them. Through unscripted stories, the film brings to light the biases women encounter in their career and financial decisions, showcasing those who have challenged norms, defied expectations, and redefined success on their terms.
Manish Shah, MD & CEO, Godrej Capital, added, “Aarohi is more than enabling credit; it’s a sustainable ecosystem where women can thrive as leaders and changemakers. Women’s ambitions are often shaped by societal expectations and met with challenges, but through Aarohi, we are building resilience and providing tangible opportunities. Whether a woman wants to work with us, partner with us, serve communities, or grow as a customer, Aarohi is here to support ambitions in every form.”
To further Aarohi’s mission, Godrej Capital, through its subsidiary, has partnered with the Women Entrepreneurship Platform (WEP), a flagship initiative by NITI Aayog, to introduce Aarohi Loans with tailored financial solutions such as Home Loan, Loan Against Property, Business Loans, and Professional Loans for women borrowers. Designed to support all women, including first-time borrowers, Aarohi Loans offer simplified eligibility criteria and financial literacy programs to enhance accessibility. Ranging from INR 5 lakhs to INR 15 crores, Aarohi Loans ensure seamless access to funding with quick approvals, minimal documentation, and flexible terms.
Beyond financial inclusion, Aarohi is also integrated into CSR initiatives, driving sustained impact through community programs. A key focus is on building the financial capability of existing women-led MSMEs by addressing gaps through capacity-building programs in business management, financial literacy, market linkages, and the legal & regulatory framework. Additionally, the company is expanding opportunities within its channel partner network, having onboarded 250+ women channel partners and aiming to onboard more, fostering greater participation and growth.
Built to go beyond lending, Aarohi is an initiative designed to support women at every step, whether as employees, partners, community leaders, or customers. Godrej Capital is committed to enabling their ambitions in every form, providing the resources, networks, and opportunities needed to help them thrive. The company’s focus on diversity is reflected in its workforce, with women making up nearly 30% of the organisation, well above the BFSI industry standard. The initiative reinforces Godrej Capital’s commitment to create a more inclusive ecosystem, equip women with the resources, opportunities, and support needed to drive meaningful progress
L&T Secures Large Overseas Order for Water & Effluent Treatment
Chandigarh, March 14, 2025: The Water & Effluent Treatment (WET) Business of L&T, along with Lantania of Spain, has signed a contract with ACWA Power, a major developer in the Middle East, to build the Ras Mohaisen Desalination plant in the Kingdom of Saudi Arabia. WET won the order in a joint venture with Lantania of Spain, wherein it happens to be the lead partner.
Ras Mohaisen Desalination plant is to have a capacity of 300,000m3/day. The project’s scope includes design, procurement, construction, testing and commissioning of a seawater reverse osmosis desalination plant.
It encompasses intake and outfall facilities, process units, pumping stations, 600,000 cubic meters potable water storage facility, electrical special facility and associated works along with state-of-the-art automation and instrumentation systems. A Solar PV plant is also part of the project scope.
The plant will serve as a drinking water source for Makkah Al-Mukarramah and Al-Baha regions, benefiting about one million population.
This is the second desalination order that L&T has received in Saudi Arabia in the recent past and it strengthens WET’s presence in the Middle East region. This large order underscores WET’s resolve to expand its regional footprint across all neighboring and business-conducive geographies.
The 7th Edition of MCX-IPF COMQUEST 2025 Wraps Up on a High Note
Mumbai, 14 March 2025: The 7th edition of MCX-IPF COMQUEST 2025, a premier national-level educational quiz on the commodity market for students, successfully concluded with a grand finale in Mumbai on 4th March 2025. Organized by the MCX Investor Protection Fund (MCX-IPF), the competition garnered registrations from over 10,000 students, with female students accounting for 44% of the total. Also, this edition of the MCX-IPF COMQUEST attracted over 650 academic institutions from 30 states and Union Territories, covering 220 cities—a notable increase from the previous edition, which featured 460 institutions across 25 states and Union Territories as well as, 140 cities.
The participating students were thoroughly assessed on their knowledge and comprehensive understanding of the commodity markets through multiple rounds, including screening interviews, case studies, and panel discussions that spanned over three months. The zonal rounds took place in Delhi-NCR, Bhubaneswar, Kolkata, and Mumbai. The grand finale of MCX-IPF COMQUEST Quiz Competition was held at the prestigious Green Technology Auditorium, located on the Mumbai University Campus in Kalina, Santacruz East, Mumbai.
MCX-IPF COMQUEST, launched in 2019, is a part of an ongoing awareness campaign of the MCX Investor Protection Fund (MCX-IPF) to help spread financial literacy in the commodity market space and is a major step in fostering a sustained interface between the industry, academic institutions, as well as the commodity market ecosystem. MCX-IPF COMQUEST enables students to engage with the commodity ecosystem, gain insights into the vital roles of stakeholders across the value chain, including market infrastructure institutions such as exchanges, clearing corporations, and market intermediaries.
Ms. Praveena Rai, Managing Director and Chief Executive Officer, MCX said: “Since its launch, the MCX-IPF COMQUEST has consistently ignited curiosity and a passion for learning among students. By providing a platform for them to explore the intricacies of the commodity market, it has played a pivotal role in fostering financial literacy and industry awareness. The competition has gained momentum with each edition, reaching an ever-growing number of participants and institutions. As the MCX-IPF COMQUEST Quiz continues to grow in scale and impact, it remains a vital platform for students to expand their knowledge, engage with industry leaders, and pave the way for future innovations in the commodity market space.”