Gyanendra Tripathi Reflects on His Easy Partnership with Aakash Sinha in Loot Kaand

Mumbai, India- April 8 2025: Amazon MX Player, Amazon’s free streaming platform, is making waves with its latest series Loot Kaand, an electrifying new thriller that dives deep into a heist gone wildly off script. Helmed by director Ruchir Arun and produced by the creators of Drishyam, the high-stakes story revolves around siblings Palash and Latika whose calculated plan spirals into unforeseen turmoil. At the core of this chaotic world is Gyanendra Tripathi’s Pinaki, a clever schemer caught between hilarity and havoc. Alongside him, the series boasts a stellar cast, featuring Sahil Mehta, Tanya Maniktala, Saad Bilgrami, Ronjini Chakraborty, Nitin Goel, and Amit Sarkar in pivotal roles.

Gyanendra

Revealing which character, besides Pinaki, he’d love to play in the series, Gyanendra shared, “If I had the chance, I would love to step into the role played by Aakash Sinha. He brings such a wonderful blend of goofiness, innocence, and unwavering loyalty to the character, and when the situation demands it, he shows immense bravery, too. Working with him was an absolute delight. He did a phenomenal job, and I truly enjoyed watching him bring the role to life. If given the opportunity, I’d love to be Binaghi’s friend.”

Sharing his experience working with the cast, he added, “The entire team was incredible. I had seen Tanya and Sahil’s work before, but we hadn’t met in person. However, the moment we started talking, the connection felt effortless. Mutual respect among co-stars is essential, especially when you’re shooting intense scenes together. Since most of my scenes were with Aakash, it was an exciting experience working together. He’s an old friend, someone I know inside out, and since we come from the same institute and have been mentored by the same teachers, we had a natural rhythm. It was a joy to bounce ideas off of each other and bring our characters to life.”

Free Online Quiz on Ambedkar by Udaan Youth Club – April 7-14, Open for All

Udaan Youth Club (UYC) is organizing a National-Level Awareness Quiz titled “Know Ambedkar” 2025 from April 7 to April 14, 2025, in online mode. This quiz is being held in observance of Dr. Bheemrao Ambedkar Jayanti and aims to raise awareness about his life, ideas, and the constitutional values he championed.


Udaan Youth Club (UYC) is a self-organized group of young individuals committed to driving social change through the use of Information and Communication Technology (ICT). Established in 2016 in Village Tyodhi, Baghpat, by Indian Social Worker SR Aman Kumar, UYC engages rural youth in nation-building and participatory development activities. The organization promotes values such as kindness, eco-consciousness, innovation, peace, and quality education through its initiatives on key national and international days.

The “Know Ambedkar” Quiz is a national initiative to educate and inspire individuals by highlighting the contributions of Dr. B.R. Ambedkar to Indian democracy and social reform. It encourages citizens, especially youth, to understand the values of justice, liberty, equality, and fraternity enshrined in the Constitution of India.

Participants will attempt 10 multiple-choice questions based on Dr. Ambedkar’s life, thoughts, and constitutional work. Only those who answer all questions correctly will be eligible to receive a Certificate of Participation.

Eligibility: Open to all individuals irrespective of age, gender, region, or educational background.

Benefits

  1. Certificate of Participation for those who score 100/100
  2. Recognition of top scorers through #ResponsibleCitizens Special Photo Collage
  3. Opportunity to deepen knowledge about Dr. Ambedkar and Indian constitutional values
  4. Digital Volunteer Recognition for individuals with highest number of verified referrals
  5. Impact Partner Recognition for top three institutions with the highest number of participants

Instructions

  • The quiz consists of 10 questions, each carrying 10 marks
  • All questions are multiple-choice with 4 options each
  • The quiz is available in both Hindi and English
  • Participants must score 100/100 to receive a certificate
  • The last date to submit responses is April 14, 2025, by 5:00 PM

How to Participate
Interested individuals can register and participate in the quiz by filling out the official quiz form available at the following link: https://forms.gle/w5YYvYPk11e36AZWA

Sulwhasoo Taps LIM YOONA as Global Ambassador to Strengthen Legacy

Mumbai, April 8, 2025- Global luxury beauty brand Sulwhasoo proudly announces the appointment of LIM YOONA as its new global brand ambassador. Renowned for her versatility and elegance, YOONA embodies the timeless beauty and sophistication that define Sulwhasoo’s philosophy.

As a celebrated actress with a remarkable presence in both domestic and international markets, LIM YOONA has captivated audiences through her compelling performances in film and television. With her graceful charm and enduring influence, she is set to strengthen Sulwhasoo’s identity as a leading Korean beauty brand and further establish it as a globally coveted name in luxury skincare.

A Perfect Synergy: LIM YOONA & Sulwhasoo’s Vision of Holistic Beauty

Sulwhasoo’s pursuit of “Holistic Beauty” extends beyond the present moment, offering a timeless, refined approach to skincare. LIM YOONA’s career, marked by her continuous artistic evolution and profound on-screen presence, beautifully aligns with Sulwhasoo’s commitment to heritage, innovation, and elegance. Her classy and luminous image harmonizes with the brand’s aesthetic values, allowing her to communicate Sulwhasoo’s essence in a deeply resonant way. As Sulwhasoo’s global ambassador, LIM YOONA will take center stage in worldwide campaigns, bringing the brand’s heritage and vision closer to skincare lovers across the globe.

Debuting in the Global Campaign for First Care Activating Serum

This March, LIM YOONA will make her debut in Sulwhasoo’s highly anticipated global campaign for First Care Activating Serum the brand’s best-selling first-step anti-aging solution. Crafted with the wisdom of Korean herbal medicine, this iconic serum sets the foundation for radiant, youthful skin.

Meet YOONA & Sulwhasoo at online and offline stores worldwide, and experience the artistry of luxury skincare redefined.

Startup MahaRathi Challenge Honoured India’s Innovators

New Delhi, April 8: Startup MahaRathi Challenge 2025 was launched to recognize and support India’s most promising DPIIT-recognized startups solving real-world problems through innovation. Organized under the broader Startup Mahakumbh platform, the challenge created a structured national initiative to identify high-potential founders across ten high-impact sectors and empower them with capital, exposure, and investor access.

The challenge attracted over 2,000+ applications from all over the country. A rigorous multi-phase evaluation process, including data sufficiency screening, expert shortlisting, and virtual jury pitches, led to the final recognition of over 240 startups. Sectoral jury rounds were hosted by investment and institutional partners who brought domain depth and market insight to the process.

The challenge includes 11 problem statements spanning critical domains such as satellite imagery, maritime domain awareness, cryptography, cybersecurity, signal analysis, and large language model applications on sensitive data. With a total outlay of over INR 20 crores, the initiative offers structured prize money, grant support across three stages, and robust non-monetary incentives such as technical mentorship, business support, cloud computing access, and opportunities for post-challenge procurement.

Grant support was awarded to top startups in each track to accelerate their journey. In every sector, startups have been awarded grants of ten lakh, five lakh and one lakh. The program was not limited to financial recognition. To deepen the opportunity, all recognized startups were invited to participate in curated Speed Dating sessions with investors. More than 500+ one-on-one investor meetings were facilitated over two days, with participation from over 250+ venture capital firms, angel networks, and family offices. These interactions were structured to match startups and investors based on sector alignment and funding interest.

Nearly 40% of the total applications came from Tier 2 and Tier 3 cities. 80+ startups recognized were led by women founders or co-founders. Ten startups from India’s emerging states, including Manipur, Tripura, Sikkim, Nagaland, and Jammu & Kashmir, were identified for recognition. These numbers underline how India’s innovation ecosystem is rapidly expanding beyond urban hubs and into the grassroots.

Top Startup Stories Across Sectors

  1. ONIBER Software is redefining cybersecurity and forensic intelligence with AI-powered solutions used by law enforcement agencies. Their advanced platform detects deepfakes, extracts intelligence from unstructured data, and improves response time for national security stakeholders. Their deployment across multiple states marks India’s leadership in AI-led digital forensics.
  2. Aegion Aerospace is building high-performance materials designed for extreme conditions. Their work supports space, nuclear, and defense innovations with advanced composites that are lighter, stronger, and thermally resilient, making them globally competitive in strategic materials.
  3. Raana Semiconductors is supplying mission-critical photonics and laser crystal components to national research centers including BARC and DRDO. Their in-house R&D in laser rods and sapphire substrates has placed them at the forefront of India’s ambitions in self-reliant semiconductors.
  4. Orange Koi specializes in high-precision component manufacturing using metal injection molding and additive technologies. Their products are being deployed in defense, aerospace, and automotive sectors where reliability and scale are equally critical.
  5. Akashalabdhi Aerospace and Defence is leading indigenous innovation in UAVs and tactical systems. They are developing critical technologies in missile guidance and aerial surveillance, enabling India’s push for sovereign capabilities in aerospace and defense.
  6. ODL Network is building the foundational infrastructure for logistics providers through a unified, digital protocol. Their technology helps integrate India’s fragmented micro-transport ecosystem with enterprise-grade tools, transforming how logistics works across the country.
  7. NAYAN India has developed a globally patented AI-powered traffic vision system for real-time road and safety monitoring. Already deployed in public infrastructure projects, their platform collects and processes visual data to support decision-making in urban safety.
  8. Quintinno Labs from Assam is solving range anxiety in electric vehicles with a portable, trunk-fitted energy backup unit. The system doubles up as an eco-friendly alternative to diesel generators and is receiving traction from institutional and enterprise buyers.
  9. TestAIng is helping large enterprises comply with responsible AI regulations through its AiEnsured platform. By testing algorithms for fairness, transparency, and robustness, the platform supports trust in AI in sectors such as banking, insurance, and healthcare.
  10. Saboori Smart Energies is creating solar-powered EV charging stations backed by IoT and remote diagnostics. Their network is live across 150+ locations and helps reduce India’s dependency on fossil fuels by offering cleaner last-mile charging infrastructure.

Women-led Innovation with Scalable Impact: Women entrepreneurs from across the country brought bold ideas to life, addressing deep-rooted challenges in finance, health, and technology with smart, scalable solutions.

  1. Lxme is India’s first financial platform dedicated to empowering women with investment tools and financial literacy. With curated mutual fund portfolios, personal loans, savings challenges, and digital gold options, the platform is making wealth creation more inclusive and accessible.
  2. MeraBills, led by Piya Bahadur, is helping rural and micro women entrepreneurs manage their businesses digitally. The app functions offline, supports multiple languages, and offers integrated tools for bookkeeping, credit access, and inventory management. It is unlocking new possibilities for first-time women entrepreneurs across the country.
  3. Collearn, founded by Srishty Jain, is a sports education platform that has trained and placed aspiring professionals in sports analytics, event management, and commentary. The startup is building a skilled sports workforce for India’s Olympic ambitions while increasing gender diversity in the sector.
  4. Misya Beauty Tech is revolutionizing home-based skincare with AI-powered dermatology tools. With more than 13,000 clients served and a growing network of certified therapists, the platform is making high-quality skincare accessible while generating employment across 18 cities.
  5. Flixbox Solutions, co-founded by Ankita Saikia, is helping small creators and institutions launch video streaming platforms through a plug-and-play SaaS product. Their solution supports end-to-end customization, hosting, analytics, and monetization for India’s growing creator economy

Startups from India’s Emerging States

Startups from regions like Jammu & Kashmir, Manipur, Nagaland, Tripura, Assam, and Sikkim proved that great innovation is not bound by geography.

  1. Nibiaa Devices from Manipur has built an IoT and satellite-integrated platform that powers asset tracking and secure communication for use in defense, transportation, and remote industrial operations. Their high-tech hardware and software stack solves real-time coordination challenges in low-connectivity zones.
  2. GR8 Sports India, based in Jammu & Kashmir, produces high-performance cricket bats made from premium Kashmiri willow. Their ICC-approved equipment has been used in international matches and exported to over a dozen countries, putting Indian sports craftsmanship on the global stage.
  3. Ngurie Organic from Nagaland is transforming soil health through eco-friendly bio-enhancers. Their products reduce water use and eliminate chemical fertilizer dependency for floriculture farmers, while promoting sustainable agriculture across Northeast India.
  4. Dream Hives from Assam is building India’s first regional mead brand by fermenting indigenous honey and GI-tagged lemons. They work directly with local beekeepers and farmers, creating a value chain that combines craft beverages with rural livelihoods.
  5. Topview Infolabs from Sikkim operates the OurGuest platform, which aggregates over 600 homestays and 40+ guided travel experiences across the Northeast. Their technology supports tourism development while empowering local communities through sustainable hospitality.

With the conclusion of its first edition, the Challenge has laid the foundation for a scalable model to identify and support high-potential startups from across the country.

Ahikoza Collaborates with Brahm Group to Bring Premium Artisanal Luxury to India

Mumbai, 8th April 2025Ahikoza, the globally renowned artisanal handbag brand known for its geometric aesthetic and architectural designs, is entering a new era with ‘Brham’ By Brahm, an esteemed LifeStyle platform. Founded and creatively led by Namrata Karad, Ahikoza has made its mark on red carpets worldwide, adorning the arms of style icons such as Camila Cabello, Kate Hudson, and Doja Cat. Indian actors like Alia Bhatt and Kareena Kapoor Khan have also embraced the brand.  The brand has been showcased at prestigious events like The Oscars, The Golden Globes, The Grammys and Festival De Cannes.

Brahm Group has acquired a majority stake in Ahikoza, marking one of the latest deals in the B2C luxury accessories market, with a vision to drive innovation and global expansion. The brand is targeting a 15% year-on-year growth, positioning itself as a key player in the evolving luxury landscape.

The global luxury handbag market, valued at USD 22.8 billion in 2023, is projected to grow to USD 41.1 billion by 2032, driven by a 6.77% CAGR. This surge is fuelled by evolving consumer behaviour, social media influence, and the rapid expansion of e-commerce, shaping new buying patterns. Ahikoza has already garnered a distinguished following across international markets, including the USA and Europe and India. Catering to fashion-forward women with its coveted luxury statement pieces. The association with Brahm Group, will propel the brand to scale up operations, expand its reach, and enhance its offerings in the market. This strategic growth will allow more consumers to experience the exclusivity and craftsmanship that define Ahikoza.

As part of this collaboration, Ahikoza by Brham aims to redefine luxury with a focus on craftsmanship, slow luxury, and innovative design. The brand’s signature handbags are meticulously crafted to transcend seasonal trends, making them a wardrobe essential for the discerning consumer.

I have always loved accessories, in particular handbags. In the world of luxury. I found a gap in the market. Women were mostly adorning the same established brands. This inspired and began the long journey of building my own label. I believe that like the power brands that inspired me, Ahikoza will offer something unique and of value” said Namrata Karad, Founder, Ahikoza.

Namrata Karad, an NRI entrepreneur, is making a remarkable return to India, bringing global expertise and innovative business acumen to the country. With a keen eye for design and a passion for craftsmanship, she continues to expand Ahikoza’s presence, shaping it into a globally coveted luxury accessories brand.

With this partnership, Brham, a branded LifeStyle ecosystem curating premium experiences across products, services & real estate offerings, welcomes Ahikoza into its fold. Brahm Group places a strong emphasis on sustainability and conscious luxury. Ahikoza aligns with this philosophy by embracing slow luxury, ensuring that each piece is created using the finest raw materials and expert craftsmanship, designed to last.

Ahikoza prioritizes and remains committed to minimizing all forms of waste consumption, primarily by exploring sustainable methods and maintaining an eco-conscious approach at the forefront, rooted in its production methods.

“At Brham, we believe in fostering brands that resonate with contemporary luxury while staying true to craftsmanship and legacy. Ahikoza’s philosophy aligns seamlessly with our vision, and we are excited to bring their exquisite designs to a discerning audience,” said Bhavook Tripathi, Founder, Chairman & CEO, Brahm Well-Being & LifeStyle LLC, USA.

With a growing global presence and a steadfast commitment to quality and artistry, Ahikoza by Brham is poised to make a lasting impact, offering consumers a rare blend of artistic elegance and modern sophistication

Urban Cruiser Hyryder: Advanced Features Redefine Mobility Experience

Bangalore, 08 April 2025:  Toyota Kirloskar Motor (TKM) today announced that it has introduced feature upgrades in the Urban Cruiser Hyryder that redefine safety, comfort, and convenience. The latest enhancements underscores Toyota’s commitment to customer-centric innovation, seamlessly incorporating valuable feedback and evolving market trends to elevate the driving experience.

Widely celebrated and embraced as India’s first Self-charging Strong Hybrid Electric SUV, the Urban Cruiser Hyryder has already crossed the milestone of 1 lakh sales. It continues to win hearts with its innovative technology, exceptional fuel economy, dynamic performance, and premium driving experience.

The key change points of the Urban Cruiser Hyryder include:

Safety:

  • Structural enhancements have been introduced across all variants for improved safety.
  • 6 Airbags are now standard across all variants, ensuring enhanced passenger safety.
  • The Electronic Parking Brake (EPB) has been added to automatic transmission across certain variants for added convenience and safety.

Performance:

  • The new 6-speed Automatic Transmission (6AT) replaces the previous 5-speed manual gearbox in AWD variant.

Comfort and Convenience:

  • The 8-way Adjustable Power Driver Seat is now available in higher variants for a personalized driving position.
  • A Rear Door Sunshade has been introduced in higher variants for improved passenger comfort.
  • The Tyre Pressure Monitoring System (TPMS) has been introduced in more variants for better real-time tyre pressure monitoring.
  • Ambient lighting has been introduced in higher variants to enhance the premium cabin experience.
  • Driver and Co-Driver Ventilated Seats have been added to higher variants for improved comfort.
  • Type-C USB fast-charging ports (15W) have been introduced for improved device connectivity.
  • LED Spot and Reading Lamps are now standard across all variants, enhancing cabin illumination.
  • The Air Quality Index Display has been added to select variants, ensuring better air quality monitoring inside the cabin.
  • An updated Speedometer with improved readability and clearer information display is now available across all variants.
  • Dual-tone exterior colour options have been introduced in select variants to enhance styling choices.

Speaking on the introduction of the Urban Cruiser Hyryder, Mr. Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said“As the SUV segment evolves, we continue to refresh and elevate our lineup to stay ahead of the curve. The latest Urban Cruiser Hyryder is a testament to our commitment for best-in-segment technology, advanced safety, and superior comfort. Crafted for modern SUV buyers, it seamlessly blends Toyota’s legendary quality, sustainability, and driving pleasure.

With these latest upgrades, we are confident that the Hyryder will appeal to an even broader audience, further solidifying its position as one of India’s bestselling SUVs. More than just enhanced performance and efficiency, this refined SUV sets new benchmarks in hybrid technology, safety, and connected mobility, delivering a future-ready driving experience tailored to the dynamic needs of today’s customers.”

Launched in 2021, The Urban Cruiser Hyryder blends Toyota’s global SUV heritage with bold styling, advanced technology, and sustainability. Designed for efficiency and performance, it offers a highly efficient Self-Charging Strong Hybrid Electric powertrain, along with a 1.5L K-series engine with Neo Drive (ISG), 5-speed Manual, and 6-speed Automatic Transmission with 2WD & 4WD options.

Its sleek exterior features LED Project Headlamps, Twin LED DRLs, a Sporty Skid Plate, Crystal Acrylic Grille, and 17-inch Alloy Wheels, available in seven monotone and four dual-tone colours. Inside, the premium cabin includes a 9-inch infotainment system, wireless charging, ventilated leather seats, a 360-degree camera, ambient lighting, cruise control, head-up display, and Google & Siri voice assistants. Rear passengers benefit from reclining seats, rear AC vents, USB charging, and a 60:40 split seat.

Toyota enhances ownership with 66 exclusive accessories, a 3-year/100,000 km warranty (extendable to 5 years/220,000 km), and an 8-year/160,000 km hybrid battery warranty, ensuring a premium and hassle-free driving experience.

WeWork India Opens WeWork Lightbridge, Expanding in Mumbai

National, April 8, 2025:  WeWork India Management Limited (“WeWork India”), one of India’s leading premium flexible workspace operators, today announced the opening of its latest workspace – WeWork Lightbridge. Located in Powai, one of Mumbai’s most sought-after commercial hubs, the newest addition hosts nearly 2000 desks, spanning across three floors.

As the city of Mumbai continues to grow as a major hub for multinational corporations and GCCs, there is a surge in demand for high-quality workspaces that are exceptional in design and services. While Bengaluru continues to lead in GCC setups with approximately 875+ GCCs in FY2024, it is closely followed by Mumbai with 365+ GCCs (Source: CBRE). WeWork Lightbridge reflects a design ethos inspired by Mumbai’s heritage. It features functional yet design-driven amenities, including conference rooms, wellness spaces, and an expansive lounge for managed operations on one floor, alongside co-working floors. The design movement is greatly inspired by machines and incorporates mechanical elements with sleek line work and bold accent colours. Additionally, there are light boxes with spatial illusion bringing in more light in spaces away from natural sunlight, along with hand painted tile installation inspired from Maharashtra’s hand painted tile craft paired with Lino paintings of seascapes.

Commenting on this expansion, Arnav S. Gusain, Chief of Supply, WeWork India, said, “The launch of WeWork Lightbridge marks a significant milestone for us. As the demand for flexible workspaces continues to rise, we remain committed to providing innovative, design-forward spaces that enable businesses and professionals to thrive. Lightbridge reflects our vision of combining functionality with cutting-edge design, ensuring businesses of all sizes have the resources they need to thrive in today’s dynamic work environment. It exemplifies modern design and sustainable practices, while showcasing the neoclassical movement in Mumbai. Furthermore, our collaboration with one of the leading developers – Hiranandani Group has allowed us to integrate the best of their expertise into the latest addition to our portfolio.”

WeWork Lightbridge is strategically located in the city’s prime business districts, known for its blend of business, residential, and lifestyle offerings. The close proximity to international airport, hotels like JW Marriott, ITC Maratha and Hilton, and hospitals like Hiranandani Hospital, Seven Hills makes it an ideal workspace for businesses of all sizes. Additionally, Lightbridge also offers easy access to metro and road connectivity Gurukripa Cityflo Bus Stop, Saki Naka Metro Station, and Chhatrapati Shivaji Airport – T2.

Harsh Hiranandani, Director, House of Hiranandani Group added, “We’re delighted to collaborate with WeWork India, and extend our partnership with Hiranandani Lightbridge in Powai, Mumbai. With the continued rise in demand, we are confident this project will facilitate flex working for businesses across industries in the city.”

The new centre will serve as a hub for collaboration, driving success for businesses across industries and providing adaptable solutions for teams of all sizes. WeWork India is currently operational across 8 cities, with over 1 lakh desks. With solutions for all kinds of businesses – solopreneurs to startups to Fortune 500 companies – WeWork India offers the perfect workspace solutions that deliver a premium experience.

Sumeet and MCGM Join Forces for Mega Clean-Up on Mumbai’s Key Highways

Mumbai, 08th April, 2025 – Sumeet Facilities Ltd, a leader in waste management solutions has successfully concluded a significant deep clean-up drive in collaboration with Municipal Corporation of Greater Mumbai (MCGM). The intensive week-long project, which covered both Eastern Express Highway (EEH) and Western Express Highway (WEH), significantly enhanced the cleanliness and safety of Mumbai’s major arterial roads by removing enormous amounts of debris, waste and abandoned cars.

The campaign executed from March 17 to 22, saw SFL deployed more than 150 workers alongside with advanced cleaning technology, including 8 electric sweeping machines imported from Europe, 9 litter picking machines, and hook loaders, to ensure an efficient cleaning. High-pressure jetting and misting equipment were used to minimize dust pollution, ensuring efficient road surface cleaning and large-scale debris management. Over 350 kilometres of highway were covered during the campaign, giving Mumbai commuters a more hygienic and obstruction-free journey.

In an impressive effort, the clean-up operation removed over 25 tonnes of debris and 5 tonnes of mixed garbage each day. Additionally, several abandoned and non-functional vehicles were cleared, improving traffic flow and safety for commuters. As part of an extended commitment, SFL will be responsible for maintaining the cleanliness of the highways for the next seven years.

The Deep Clean Drive was meticulously planned by the Solid Waste Management (SWM) and Planning Department of the Municipal Corporation of Greater Mumbai (MCGM), showcasing a commitment to improving urban sanitation standards in the city.

Amit Salunke, CEO & Director at Sumeet Facilities Ltd. said, “We are thankful to SWM and MCGM for collaborating with us for this deep Clean drive on Eastern and Western Express Highways. This large-scale project reflects our dedication to urban cleanliness and sustainability. The successful execution of the project highlights the strength of our cutting-edge technology and skilled manpower. With the hard work of over 150 dedicated workers, we ensured a visible and impactful transformation of Mumbai’s highways. We look forward to such collaborations in future that contribute to the city’s betterment.”

ICICI Bank Inaugurates a Branch in Motihari News

Motihari: ICICI Bank has set up a new branch at Chandmari road in Motihari. This branch, the Bank’s second in Motihari and seventh in East Champaran district, is equipped with an ATM.

The branch was inaugurated by Shri. Saurabh Suman Yadav (I.A.S), Municipal Commissioner, East Champaran.

The branch offers a comprehensive range of accounts and deposits including savings and current accounts, fixed and recurring deposits and loans like home loan, personal loan, business loan, auto loan, tractor loan, gold loan, agricultural loan and education loan along with remittance and card services. It operates from 9:30 A.M. to 3:00 P.M. on Monday to Friday and on the first, third and fifth Saturdays of the month.

The branch also offers Tab Banking facility that provides nearly 100 services at the customer’s place by an employee through a tablet device. The services include opening of accounts and Fixed Deposit (FD), raising cheque book request, generation of e statements and change of address, among others.

ICICI Bank has more than 150 branches and over 320 ATMs and cash recycling machines (CRMs) in Bihar.

ICICI Bank services its large customer base through a multi-channel delivery network of branches, ATMs, call centres, internet banking and mobile banking.

SIDBI MSME Survey Edition 2: Positive Trends in Sales, Jobs, and Green Investments

08th April, 2025 – The Small Industries Development Bank of India (SIDBI) has released the second edition of its MSME Outlook Survey (MOS) for the quarter January–March 2025. Designed to bridge the critical data gap in the sector, the survey offers valuable insights through two key indices—the MSME Business Conditions Index (M-BCI) and the MSME Business Expectations Index (M-BEI). These indices help policymakers and stakeholders track the evolving business environment and expectations of the MSME sector. This pan-India survey has been undertaken with a well-distributed sample size of about 1200 MSMEs across regions and industries.

The survey findings reflect a broadly optimistic sentiment among MSMEs, underpinned by improved business conditions and forward-looking growth plans. The Composite M-BCI for Q4 FY25 stands at 60.82, marking an improvement from the previous quarter’s 58.30. This increase indicates a sustained healthy business environment across the manufacturing, services, and trading sectors, with sector-specific M-BCIs also showing upward movement. Looking ahead, expectations remain positive with M-BEIs for the next four quarters holding firm above 54. While the overall optimism has slightly moderated compared to the previous round—attributed to ongoing global economic uncertainties and rising tariff barriers—the sector continues to exhibit confidence in future performance.

MSMEs remain buoyant on sales growth, driven by stronger order books, increased production, and higher selling prices. A significant majority anticipates maintaining or improving profitability in Q4 FY25, despite moderate increases in input and salary costs. The outlook for profitability over the next year also remains upbeat, with MSMEs banking on higher production volumes and improved price realizations to support stable or better margins.

Employment generation continues to be a priority, with nearly one-third of the surveyed enterprises in the manufacturing and services sectors reporting increased workforce during the current quarter. Around 40% of manufacturers and 37% of service providers are also optimistic about higher employment in the fourth quarter of FY-26 i.e. one year ahead. However, concerns around the availability of skilled labour persist, with about one-sixth of respondents across sectors flagging this as a challenge.

Capital expenditure intentions present another encouraging trend, with 37% of MSMEs reporting capacity expansion during the current period and a similar proportion planning additional investments in the coming year. This investment confidence is complemented by a growing commitment to sustainability, as around 40% of MSMEs in the manufacturing and services sectors confirmed initiatives such as solar panel installation, adoption of e-vehicles, and other environmentally friendly technologies. A comparable number are also planning to invest further in green and sustainable practices.

On the financing front, access to credit remains widespread, with 80% of respondents reporting availability. However, the adequacy of this credit continues to be a concern, with 40% of manufacturing and 41% of services enterprises stating that the finance available does not fully meet their needs. Optimism around improved credit access in the year ahead is evident, but nearly 20% of MSMEs continue to express concerns. Additionally, the cost of finance remains a pressing issue, with 40% of MSMEs across sectors reporting higher borrowing costs during the survey period and an even higher percentage expecting these elevated costs to persist.

Shri Manoj Mittal, Chairman and Managing Director, SIDBI, while releasing the report, stated, “SIDBI has always played a significant role in the robust growth of the Indian MSME sector through both financial and developmental initiatives. The Quarterly Outlook Survey is another initiative to ‘understand MSMEs’ in a better manner. During a time of increased global uncertainties fuelled by unprecedented tariff barriers, MSMEs have shown remarkable resilience and pro-growth sentiments. Their plans for CAPEX, employment and adoption of sustainable and green technologies augur well for our economy. I believe that with necessary support from all the stakeholders, Indian MSMEs will remain steady on their growth track amidst the cloudy external environment.

The second round of SIDBI’s MSME Outlook Survey reaffirms the sector’s strong fundamentals, forward-looking approach, and unwavering commitment to growth—despite external headwinds. As MSMEs continue to play a central role in job creation, investment, and sustainability, their performance remains vital to India’s broader economic progress.