Cookin’ Up Chemistry with Tramontina
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NSE Academy & NISM Launch Joint Certificate Program
Chandigarh, February 7, 2025: NSE Academy Limited (NAL), a wholly owned subsidiary of the National Stock Exchange (NSE), and the National Institute of Securities Markets (NISM) have entered into a strategic partnership to provide joint certificate program designed to improve the skills and knowledge of both students and professionals in the securities and financial markets.
This collaboration between two industry leaders seeks to address the growing demand for quality education for capacity building in BFSI sector in India, equipping individuals and businesses with the necessary tools and expertise to thrive in the dynamic financial ecosystem. The joint certificate program will be designed to cater to a wide spectrum of learners, from beginners seeking foundational knowledge to experienced professionals looking to upgrade their skills. PG Certificate program in Fintech, a weekend program with campus immersion and capstone projects is the first joint program being offered under this collaboration. NAL and NISM will further offer other programs in areas such as Capital Markets, Risk Management, Financial Analysis, and Regulatory Frameworks, among others.
Speaking on the occasion, Director NISM Shri Sashi Krishnan said: “We are delighted to collaborate with NSE Academy to launch the PG Certificate Program in Fintech, a significant step towards bridging the skill gap in the financial sector. This program, carefully curated with specialized modules such as AI, Block chain, Cybersecurity, Generative AI, and Data Analytics, provides a robust foundation for understanding and applying emerging technologies in finance. At NISM, we remain committed to excellence in financial education, and this collaboration marks a transformative milestone in preparing future-ready talent for the financial markets.”
Speaking on the occasion, Registrar NISM Shri Sunil Kadam said: “We are proud to collaborate with NSE Academy to launch the PG Certificate Program in Fintech. This initiative reflects our shared commitment to fostering innovation and building a future-ready workforce for the financial sector. By combining cutting-edge technologies like AI, Block chain, and Cybersecurity with hands-on learning and real-world applications, this program equips participants with the skills needed to excel in the dynamic fintech ecosystem. Together, we aim to empower professionals to lead the transformative changes shaping India’s financial markets.”
Speaking on the occasion, CEO NSE Academy Ltd. Shri Abhilash Misra said: “NSE Academy and NISM have a shared vision of building future ready talent, and this partnership represents a significant advancement in fostering a more knowledgeable and proficient workforce within India’s rapidly evolving BFSI sector. It is a privilege to collaborate with NISM, nation’s premier institution to provide these specialized programs, which will address the skill gap in the markets.”
TP Solar, Tata Power’s Plant Inaugurated by CM M.K. Stalin to Boost India’s Solar Capabilities
Chandigarh Feb 7, 2025: TP Solar Ltd, Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power Renewable Energy Limited has achieved a significant milestone in its renewable energy journey with the inauguration of its 4.3 GW solar cell and module manufacturing facility at TP Solar Ltd., Tirunelveli, Tamil Nadu. The Honourable Chief Minister of Tamil Nadu, Thiru M.K. Stalin, formally inaugurated the state-of-the-art plant, marking a significant milestone in the state’s industrial growth. The inauguration ceremony was attended by esteemed dignitaries, including the Honourable Minister for Industries & Commerce, Thiru T.R.B. Rajaa, Dr Praveer Sinha, CEO & MD of Tata Power, and Mr Deepesh Nanda, CEO & MD of Tata Power Renewable Energy Limited.
The new 4.3 GW solar cell and module manufacturing plant is India’s largest single-location solar manufacturing facility, equipped with cutting-edge TOPCon and Mono Perc technologies. Designed to meet India’s growing renewable energy demand, it will produce high-efficiency solar cells and modules, contributing significantly to the country’s clean energy transition.
Speaking on the occasion, Dr. Praveer Sinha, CEO & MD, of Tata Power, said: “We are immensely proud to launch this advanced solar manufacturing facility, which is a testament to Tata Power’s commitment to building a sustainable and self-reliant India. I would like to extend my heartfelt gratitude to our Honourable Chief Minister of Tamil Nadu, Thiru M.K. Stalin, for inaugurating Tata Power’s solar manufacturing plant. We are also deeply grateful to the Honourable Minister for Industries & Commerce, Thiru T.R.B. Rajaa, and other dignitaries for their presence and support. Not only does it showcase innovative technology, but it also plays a crucial role in community development by creating job opportunities, with 80% of the workforce comprising women. We look forward to continuing our contribution to Tamil Nadu’s economic growth and India’s clean energy transition.”
This facility not only strengthens India’s solar manufacturing capabilities but also reinforces Tata Power’s vision of driving sustainable growth and innovation in the renewable energy sector. By creating local employment, empowering women, and promoting green entrepreneurship, it is poised to become a catalyst for Tamil Nadu’s economic development and India’s clean energy transformation. The solar cells and modules produced at the Tamil Nadu facility will initially cater to the company’s ongoing projects, further strengthening its supply chain. With an eye on future expansion, Tata Power also plans to explore opportunities for wider market distribution.
In addition to the Tirunelveli plant, the company also operates a world-class manufacturing facility established in 1992 in Bengaluru, Karnataka. This facility, equipped with cutting-edge technology, has a production capacity of 682 MW for solar modules and 530 MW for solar cells.
Tata Power remains committed to contributing to the nation’s journey toward energy security and a Net-Zero carbon future.
Mega RISA Guwahati Boosting Investor Awareness & Protection in Assam
Chandigarh, February 7, 2025 – In a significant initiative to promote investor awareness and protect the interest of the investors in the securities market NSE and NSDL under the aegis of SEBI and along with other Market Infrastructure Institutions (MIIs) organized Mega RISA (Regional Investor Seminar for Awareness) in Gauhati Medical College Auditorium, Assam.
The event, titled “Viksit Bharat ka Viksit Niveshak” focused on educating investors about the securities markets, fraud and scam prevention, rights and responsibilities and smart investing practices.
Ms. Aradhana Verma, GM, SEBI graced the event as the Chief Guest.
Assam has been a rising force in India’s investment landscape, with over 24.6 lakh registered investors. 29.8% of investors registered in Assam are female which is the 5th highest female participation across all states in India. Investor growth tripled from 0.7% in 2019 to 2.3% in 2024. We are committed to supporting this growth by ensuring education, awareness, trust, transparency and protection in the securities market.
The Mega RISA provided a holistic perspective on investor rights, responsibilities, emerging market trends, with insightful discussions on fraud prevention in the digital era, financial literacy, and smart investment practices.
The event included panel discussions on “The Future of Securities Market – Trends, Challenges and Opportunities” and “Let’s Deep Dive into DEMAT” – Experts from SEBI and financial institutions highlighted emerging trends, demat related issues, cyber threats and unregulated investment risks. Attendees were educated on safe investing practices and identifying red flags in ponzi schemes, unauthorized advisors, digital scams and more. Additionally, the event also included financial quiz and a Nukkad Natak, making financial education accessible and engaging.
With interactive discussions, data-driven insights and expert guidance, the seminar served as a valuable platform for participants. With overwhelming participation from investors, financial professionals, doctors, financial experts and students, it reaffirms Assam’s growing interest in the securities market and helps them make informed financial decisions and navigate the securities market with confidence.
Shaping Tomorrow’s Real Estate: NAREDCO NextGen Conclave 2025 to Lead India’s Market Evolution
Mumbai, February 07, 2025: The highly anticipated NAREDCO NextGen Conclave 2025 is set to bring together the brightest minds in real estate to analyze the Union Budget 2025 and explore the industry’s future trajectory. As a premier gathering for next-generation leaders, the conclave will unveil key investment trends, innovative strategies, and policy insights that will define India’s real estate landscape for the next decade.
Scheduled to take place in Mumbai, the event will serve as a dynamic platform for emerging entrepreneurs, leading developers, policy influencers, and investors to engage in impactful discussions, networking, and knowledge-sharing sessions. The agenda will cover the implications of Budget 2025 on real estate, sustainable urban development, financing models, and the role of technology in smart cities.
At a time when next-gen realtors are transforming the industry through technology-driven solutions, sustainable business models, and innovative investment approaches, the conclave will offer valuable insights into opportunities in Tier II & III cities, green real estate, smart infrastructure, and alternative financing methods such as REITs, InvITs, and PropTech-powered funding solutions.
The conclave will also feature an in-depth brainstorming session, “Decoding Union Budget 2025”, where industry experts will examine policy reforms, taxation updates, and government incentives impacting the real estate sector. Given its crucial role in India’s economic framework, discussions will focus on how budgetary provisions influence housing demand, infrastructure growth, and investment trends in the years ahead.
According to Jay Morzaria, Chairman, NAREDCO NextGen said, “India’s real estate sector is evolving rapidly, driven by policy reforms, technological innovation, and changing market dynamics. The NAREDCO NextGen Conclave 2025 will serve as a catalyst for the next generation of real estate leaders, equipping them with the knowledge, networks, and strategies to navigate this transformation. By fostering collaboration between young entrepreneurs, industry experts, and policymakers, we aim to drive sustainable growth and innovation in the sector”
Ravi Reddy, President, NAREDCO NextGen said, “Today’s young real estate professionals are more tech-savvy, investment-driven, and sustainability-focused than ever before. This conclave will equip them with the insights, industry networks, and strategic vision necessary to scale their businesses in an evolving market.”
Dr. Niranjan Hiranandani, Chairman, NAREDCO Said, “The next generation of real estate leaders is driving a paradigm shift through technological integration, smart infrastructure, and sustainable urban planning. The NAREDCO NextGen Conclave 2025 will play a pivotal role in equipping young entrepreneurs with the tools, insights, and networks needed to embrace digital transformation, explore AI-driven solutions, and pioneer new-age investment models that will define the future of Indian real estate.”
Highlighting the importance of fostering young leadership, G Hari Babu, President, NAREDCO National, emphasized, “The new generation of realtors is reshaping the industry by integrating innovation with responsible urban growth. The NAREDCO NextGen Conclave 2025 will be instrumental in helping them align with emerging trends, build influential networks, and future-proof their businesses.”
Rajan Bandelkar, Vice Chairman, NAREDCO said, Technology adoption and innovation are no longer optional but essential for the next wave of real estate development in India. From PropTech to AI-powered analytics and blockchain-driven transactions, the industry is evolving at an unprecedented pace. The NAREDCO NextGen Conclave 2025 will empower young real estate professionals to leverage these advancements, create more efficient business models, and drive sustainable growth in the sector.”
With rapid urbanization, shifting consumer preferences, and increasing digitization, the conclave is poised to be a landmark event, providing young entrepreneurs with the knowledge, tools, and partnerships needed to drive the next phase of growth in Indian real estate.
Mahindra Launches 2nd Edition of Drivers of Change Celebrating Swarnim Bharat
Chandigarh February 7, 2025: Mahindra, in association with the India Today Group, has proudly flagged off the second edition of the Mahindra Rise ‘Drivers of Change’ initiative. This year, ‘Drivers of Change’ will celebrate change makers who are pushing the boundaries of progress as well as proponents of India’s richest traditions, reflecting the Republic Day theme of ‘Swarnim Bharat — Virasat aur Vikas’.
India stands as a unique intersection of history and innovation, seamlessly blending its glorious past with a dynamic future. Reflecting this spirit, ‘Drivers of Change’ will honor individuals who are not only shaping the nation’s progress but also preserving its cultural and historical legacy.
These changemakers have been carefully selected for their outstanding contributions across diverse fields – including social work, arts, technology, science, sports, and medicine, spanning from grassroots activism and scientific breakthroughs to pioneering innovations and cultural excellence. Their achievements reflect Mahindra’s Rise philosophy – Rise for a more equal world, Rise to be future-ready, and Rise to create value.
Nalinikanth Gollagunta, CEO – Automotive Sector, Mahindra & Mahindra Ltd., said, “At Mahindra, we are driven by Rise philosophy – to fuel progress that is deeply rooted in our heritage. ‘Drivers of Change’ is a reflection of this belief, celebrating those who are shaping India’s future while staying true to its traditions. Their journeys inspire us all, and we are proud to share their stories as we embark on this remarkable journey across the country.”
Yogendra Pratap, Editor, of Auto Today, said, “Auto Today and Mahindra Automotive, in our continued commitment to driving meaningful change, are proud to embark on the second edition of ‘Drivers of Change.’ Every journey leaves an impact, and this year, through our extensive 10,000km plus expedition in the Mahindra XUV700, we aim to spotlight individuals who are reshaping India’s future and, in some cases, taking care of our heritage as well. This journey is more than just a drive—it’s a mission to celebrate change makers who are transforming communities while preserving the cultural and historical fabric that makes India truly unique.”
The Auto Today Team from the India Today Group is set to travel over 10,000km across India in a convoy of Mahindra XUV 700 SUVs. They will visit handpicked achievers—from conservationists to social reformers—spending time at their workplaces to share their stories in their own words. The journey will take them along Southern India’s coastal roads, through the lush Northeastern States, past the historic town of Dandi, and finally to Mumbai, Maharashtra.
Inauguration of School Toilets in Hyderabad by Dupont CSR
Hyderabad, 7 Feb, 2025: Safe Water Network India (NGO) and the Dupont CSR team inaugurated toilet facilities in two schools: the Government High School for Girls (GHS(G)) in Bowenpally, Secunderabad, and the Government HS Mudfort in Thirumalai Nagar, Secunderabad. The initiative provides 10 toilets and 21 urinals in Bowenpally School and 16 toilets and 23 urinals in Mudfort, impacting 1120 students.
Dupont leadership at the event was represented by Mr. Krishan Phophalia, Financial Controller – India/ANZ cum Service Delivery Leader-Accounting & Reporting; Ms. Uma Sreeramulu – Service Delivery Leader- Global Procurement; Mr. Seetha Ramanjaneyulu – Financial Controller; Mr. Sukhendu Bandu – Manager, E2E Service Management and Ms. Tatyana Dyadyuk – Executive Assistant.
Thanking the Dupont CSR and the NGO Safe Water Network, the Principal, Mr. Madhusudan Reddy, Bowenpally School, said, “Clean, functional toilets are fundamental to schools and a big step for students’ health and academic achievement. We thank you for providing the infrastructure and a partial salary for the cleaning and cleaning supplies. He added that the safe drinking water treatment plant set up earlier provided continuous safe water to the students.”
The Principal, Ms. Irene Suprada at Mudfort School said, “The clean toilets and maintenance support are a big relief to the school and our students who earlier had no access to toilets and had to go home, especially the girl students. The toilets promote good hygiene, prevent the spread of diseases, and ensure students can comfortably attend school without disruption. This will promote good health and the ability to learn.” Thanking the donors for the clean water treatment plant set up earlier and the hand wash station in the Mudfort school, she urged continued support for the welfare of the students. The students’ presented a skit on health and hygiene, speech on how to use the toilet and keep it clean and method and moments of handwashing.
At the event, Poonam Sewak, Vice President of Programs & Partnerships, Safe Water Network India, said, “Safe Water Network is committed to School WASH both in creating infrastructure and its operation and maintenance as well as education and awareness generation on health and hygiene. We periodically conduct IEC campaigns through skits, demonstrations, and school posters. We support more than 75 schools, impacting 30,000 students.”
Nitesh Banga Named CEO of Virtusa Succeeding Santosh Thomas
Mumbai, India, 7th February 2025: Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, today announced a leadership transition with the appointment of Nitesh Banga as President and CEO, effective February 3, 2025. Nitesh will succeed Santosh Thomas, who is stepping down to pursue outside opportunities. Mr. Thomas has agreed to stay on as a strategic advisor through the transition process.
“I am immensely proud of the substantial growth we have accomplished together over the past 4 years at Virtusa. It has been exciting to witness firsthand the positive impact our efforts have had on our people, our clients and their customers,” said Santosh. “I firmly believe Virtusa has a bright future ahead, helping our global clients deliver exceptional experiences that will take advantage of the future of technology.”
During his tenure as CEO, Mr. Thomas guided Virtusa through a holistic company transformation. He established the strategic direction of the company, drove worldwide operational excellence through targeted investments in personnel, technology, and commercial initiatives. He oversaw several strategic acquisitions and digital capability expansion efforts which significantly broadened the company’s services and resulted in record-high client and employee net-promoter scores.
Nitesh Banga joins Virtusa from GlobalLogic, a Hitachi Group company, where he served as President & CEO. Nitesh is an industry veteran with diversified expertise ranging across strategy, business development, service delivery, operations, and mergers & acquisitions. In his tenure at GlobalLogic, he oversaw transformational and exponential growth as a design-led digital engineering leader, as well as the company’s acquisition and successful integration with Hitachi. During his tenure, the organization was able to uphold exceptional client and employee satisfaction, reflecting a commitment to strategic and results-oriented leadership. Beyond his most recent role, Mr. Banga brings nearly three decades of leadership in the technology services industry, including over 20 years at Infosys, where he held various leadership positions around the globe.
“I am deeply honored to step into this role at such a pivotal moment of change in the industry, and the world,” said Nitesh. “In this new era, the advantage will rest with enterprises who drive with a hyper focus on their customers’ needs through adoption of digital and AI technologies coupled with a robust data strategy. Virtusa occupies a distinctive and advantageous position to assist brands in transforming and differentiating their businesses through technology. I am excited to work with our team to evolve our business and double down on the deep domain depth and engineering DNA that has defined Virtusa, to bring innovative new experiences and solutions to the market alongside our marquee clients.”
“On behalf of the Board, I extend our gratitude to Santosh for his contributions as CEO,” stated Rajeev Mehta, Chair of the Board of Directors. “Since joining Virtusa in 2021, Santosh has spearheaded the Company’s expansion into new offerings and capabilities, achieved substantial organic and inorganic growth, expanded our global presence, and positioned Virtusa as a leader in Digital Engineering and AI. We appreciate Santosh’s dedication to Virtusa and wish him continued success in his career.” Rajeev continued. “Nitesh is a highly accomplished leader in the world of Digital Engineering, but importantly, also someone who shares Virtusa’s passion for clients. I look forward to working together with Nitesh as we continue innovating and optimizing our business to drive transformational results for us and our clients in an AI-everywhere world. With his deep expertise, Nitesh is well suited to guide the company forward during this AI powered technology revolution.”
Mila Beauté Targets 100Cr Growth to Revolutionize Tier 2 & 3 Beauty Markets
Mumbai: 7th Feb 2025: In a significant move to solidify its foothold in the beauty and cosmetics industry, Mila Beauté, Indian skin friendly beauty brand with a global perspective, plans to expand its retail footprint in 2025. With a robust presence across 11,500 retail touchpoints in over 300 cities, the brand is now poised to deepen its reach into Tier 2 and Tier 3 cities to bring affordable and premium cosmetics closer to millions of customers.
Mila Beauté will be deepening its successful retail model to expand into markets where customers rely on physical stores for makeup purchases. This approach ensures the brand’s presence in convenient locations, making it easier for people to try products before buying. By focusing on the needs of India’s rapidly growing middle-income households, the brand is filling an important gap in the market for affordable, high-quality beauty products with a hyper local footprint.
Over the years, Mila Beauté has built a strong presence in regions such as Punjab, Rajasthan, Uttar Pradesh, Maharashtra, and Gujarat. However, South India stands out as a key area of opportunity for the brand while also penetrating East and North East markets. With a rising demand for beauty products and a diverse customer base, the region offers significant potential for growth. To tap into this market, Mila Beauté plans to strengthen its presence by expanding its retail network and introducing products formulated to suit regional skin and weather condition.
Saahil Nayar Co-founder and MD, Mila Beauté, said, “Our mission has always been to create a brand that resonates with every Indian, irrespective of where they live. With this expansion strategy for 2025, we’re taking Mila Beauté to every corner of India, ensuring that our customers even in smaller cities have the same access to premium quality products as those in metros. This move is more than just a milestone for us. It is a step towards making beauty inclusive, accessible, and experiential for everyone.”
Mila Beauté is rapidly expanding its presence across India, with a consumer base of half a million. They offer a diverse selection of products across all major makeup categories, including face, lip, and eye, ensuring something for every Indian skin tone. Their product portfolio includes in-demand products like fixers, primers, concealers, compact powder, lipsticks, and gloss. With its robust plans for horizontal and vertical growth across all regions of the country, Mila Beauté is on its strategic route to become a household name across India by delivering superb quality products at everyday prices at all retail touchpoints that are convenient for consumers.
Mahindra Manulife Mutual Fund Launches Mahindra Manulife Value Fund
Chandigarh, 07 February 2025: Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited (“Mahindra Finance”) and Manulife Investment Management (Singapore) Pte. Ltd., has introduced the Mahindra Manulife Value Fund, an open-ended equity scheme designed for investors seeking long-term growth through a value investing approach. The fund aims to identify and invest in fundamentally strong yet undervalued companies, unlocking their potential for sustainable returns.
The Mahindra Manulife Value Fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of fundamentally strong yet undervalued companies. The fund follows an active investment strategy, identifying stocks trading below their intrinsic value with high turnaround potential. By capitalizing on potential stock re-rating and earnings growth, it offers investors a compelling opportunity to build wealth over time.
Anthony Heredia, MD & CEO of Mahindra Manulife Mutual Fund, emphasized the relevance of this offering, stating, “Value investing has long been a time-tested strategy for sustainable wealth creation. With this fund, we aim to identify fundamentally strong businesses available at attractive valuations, providing investors with a structured approach to unlocking long-term growth potential. This offering is well-suited for those looking to build a resilient core portfolio while capitalizing on market opportunities.”
Mahindra Manulife Value Fund will be managed by Krishna Sanghavi, Chief Investment Officer – Equity, who brings over 30 years of experience in the Indian equity markets, along with Vishal Jajoo, Fund Manager – Equity.
Krishna Sanghavi outlined the fund’s core objective: “Our approach integrates fundamental research with valuation-based stock selection. The goal is to build a well-diversified portfolio by identifying undervalued businesses with strong financials, sustainable competitive advantages, and robust growth potential. The fund follows a disciplined investment framework to maximize risk-adjusted returns over the long term.”
The investment approach of the Mahindra Manulife Value Fund combines bottom-up stock selection with a focus on companies trading below their historical valuation multiples. The fund will actively manage portfolio allocation across market capitalizations, leveraging fundamental analysis to uncover quality businesses with strong cash flows and management efficiency. By following a structured value investment process, the fund aims to unlock potential in sectors and companies poised for long-term growth.
The Mahindra Manulife Value Fund is ideal for investors seeking to invest in fundamentally sound yet undervalued stocks. The New Fund Offer (NFO) opens on 7th February 2025, with the subscription window closing on 21st February 2025. The fund will subsequently reopen for continuous sale and repurchase from 5th March 2025.