Capital Small Finance Bank Q3 FY25 Results
Chandigarh/ Jalandhar, January 30, 2025: Capital Small Finance Bank Ltd, India’s first small finance bank commenced operations in 2016, declared its un-audited financial results for Q3 FY25 and 9M FY25 ended on December 31, 2024.
Mr. Sarvjit Singh Samra, MD & CEO of Capital Small Finance Bank, said,
“We are consistently progressing towards a promising future and have closed the Q3FY25 with a Profit After Tax (PAT) of ₹34.0 crores, reflecting 18% Y-o-Y growth, with Return on Assets (ROA) inched up to 1.4%, scaling from 1.3% in Q3FY24. Gross advances increased to ₹6,816 crores, registering a growth of 19% Y-o-Y, with disbursement growth of 92%, with reduction in GNPA/NNPA to 2.67%/1.35%. Our deposits continue to be retail centric with CASA of 39.1%, grew to ₹8,384 crores, with a Y-o-Y growth of 12% and an 8% Q-o-Q.
These results underscore our commitment to deliver progressive growth while remaining steadfast in our mission to accessible banking for all. As we look forward, we are optimistic towards our growth momentum and delivering value to our stakeholders.”
Key Highlights Q3 FY25:
Balance Sheet growth:
- Gross Advances increases by 19% Y-o-Y and 11% YTD to Rs. 6,816 crores, with 99%+ being secured and Zero direct MFI exposure.
- Deposit increases by 12% Y-o-Y and with Q-o-Q growth of 8% to Rs. 8384 crores, with 93.2% being the retail deposit.
- CASA ratio of 39.1% in Q3FY25 against 37.1% in Q2FY25.
- Total Shareholder’s fund stood at Rs. 1,302 crores.
Profitability Growth:
- Profit after Tax increases to Rs. 34 crore with 18% growth Y-o-Y basis.
- ROA inched up to 1.4%, scaling from 1.3% in Q3FY24
- NIM increases to 4.3% in Q3FY25 against 3.9% in Q3FY24.
- Cost to Income Ratio decreases to 62.1% in Q3FY25 against 62.8% in Q3FY24
Other Aspects:
- Capital Adequacy Ratio stood at 25.8%.
- Gross NPA and Net NPA of 2.67% and 1.35% respectively in Q3FY25 against 2.97% and 1.53% in Q3FY24, with ~ZERO write offs.
Boost Coverage Not Budget with Bajaj Allianz Life’s Critical Illness Rider
Chandigarh,30 January, 2025: Bajaj Allianz Life, one of India’s leading private life insurers, has launched Bajaj Allianz Life New Critical Illness Benefit Rider, a non-linked, non-participating, individual, pure risk health rider, covering up to 60 major critical illness (CI) conditions. It is a smart add-on designed to strengthen financial protection against major health setbacks, ensuring customers’ savings stay intact during a medical crisis. Customers can avail the rider with the Company’s flagship term plan Bajaj Allianz Life e-Touch II.
Designed to bridge gaps in healthcare costs, Bajaj Allianz Life’s new Critical Illness Benefit Rider provides critical financial support across different customer needs. For those without Mediclaim, it acts as a financial cushion, preventing savings from being depleted during a medical emergency. For those with a basic Mediclaim cover (e.g., ₹5 lakh), it helps bridge the gap between policy limits and actual treatment costs, which can often exceed coverage. Even for those with a higher Mediclaim cover (e.g., ₹50 lakh), this rider ensures financial stability by covering loss of income and protecting one’s lifestyle, making it a vital addition to a well-rounded financial plan.
Tarun Chugh, MD & CEO, Bajaj Allianz Life said, “adding the Critical Illness Rider to your policy is like a booster shot for your financial health—an extra layer of protection against life’s medical uncertainties. A serious illness can bring unexpected expenses forcing you to dip into your savings and potentially disrupting your long-term financial plans. This rider ensures that doesn’t happen. With an affordable yet powerful safeguard, Bajaj Allianz Life helps you stay financially secure and focused on your life goals”.
Key features of Bajaj Allianz Life New Critical Illness Benefit Rider:
- Broad Coverage: With a minimum age of 18 years to maximum of 80 years, one can get protection against a wide range of critical illnesses including cancer, heart attack, stroke, and more.
- Flexible Options: Choose from three rider options like Critical (10 major CIs), Enhanced (25 major CIs), and Comprehensive (60 major CIs) tailored to individual needs.
- Tax Benefits: Offers tax deductions as per eligibility.
- Health Management Services: Access to medical second opinions and consultations from registered service providers.
Air India to Showcase Premium Offerings at OTM 2025
Chandigarh, 30 January 2025: Air India, India’s leading global airline, is set to showcase its premium cabin product and in-flight offerings at the upcoming Outbound Travel Mart (OTM) 2025, Asia’s premier and most influential travel trade show, scheduled to take place from 30 January to 1 February 2025 at the Jio World Convention Centre, BKC, Mumbai.
Taking inspiration from Air India’s signature design philosophy, the exhibition booth has been conceptualised with ‘The Vista’ as an integral part of its structure, blending aesthetics with immersive digital experiences.
The pavilion will showcase various aspects of Air India’s transformation journey, captivating audiences with a live demonstration of Business Class and Premium Economy seats that are today available on Air India’s newly retrofitted A320 family aircraft. These aircraft come with subtle cabin mood lighting, spacious legroom and wider pitch, and modern features, like portable electronic device (PED) holders and USB ports to charge mobile phones, laptops and other gadgets, among others.
Visitors will be able to experience the seats in real-time while also getting a glimpse of Air India’s brand new A350 product at the Virtual Reality (VR) experience zone. In addition, Air India will also display a selection of in-flight meals to showcase its refreshed menus and enhanced dining experience onboard.
“OTM 2025 presents a significant platform for Air India to engage and deepen ties with more than 40,000 key trade visitors from across the globe while highlighting the milestones of our transformation journey. With the Air India pavilion featuring unique activations and immersive experiences, including our Business Class and Premium Economy seats, we are set to demonstrate our commitment to delivering world-class product and services to our customers,” said Nipun Aggarwal, Chief Commercial Officer, Air India.
At the VR experience zone, visitors will embark on a virtual journey of the state-of-the-art A350 aircraft that have recently been deployed between Delhi and London Heathrow, New York (JFK), and Newark.
Air India’s A350 aircraft feature 28 private suites in Business class with full-flat beds in a 1-2-1 configuration, and 264 spacious Economy seats arranged in a 3-3-3 configuration. Each suite in Business provides direct aisle access, sliding privacy doors, and a personal wardrobe. All seats across cabins on the A350 come with the latest-generation Panasonic eX3 in-flight entertainment (IFE) system and HD screens that offer more than 3,800 hours of entertainment content from around the world. The A350 flights also feature the airline’s new signature soft product and award-winning guest enhancements, including new chinaware, tableware and glassware, plush bedding, and bespoke amenity kits.
The booth will also give visitors a chance to sign up for Maharaja Club, Air India’s all-new frequent flyer program that offers a host of privileges and exclusive benefits. In addition, visitors will have the opportunity to win multiple prizes, including curated gift hampers or a complimentary economy class ticket, through a raffle that will be conducted at the booth.
The European Union Back as Jaipur Literature Festival Partner
Jaipur, 30 January 2025: The European Union (EU) is set to partner again with the Jaipur Literature Festival for the upcoming edition from 30 January to 3 February in the Pink City. This partnership celebrates the vibrant cultural and literary ties between the EU and India, showcasing the rich diversity of European literature and its unique cultural and linguistic heritage at the ‘greatest literary show on Earth’. Bringing together leading voices from literature, politics, science, and the arts, the festival is a forum for meaningful exchange.
The festival will feature an impressive cohort of over 15 EU authors, including Gabriela Ruivo, the European Union Prize for Literature (EUPL) 2024 nominee. Cheyenne Olivier, Philippe Claudel and Ira Mukhoty from France; Cauvery Madhavan, Jessica Traynor and Jane Ohlmeyer from Ireland; David Hernández de la Fuente, Santiago Íñiguez de Onzoño, Francesc Miralles and Santiago Roncagliolo from Spain; Bruno Maçães from Portugal; Daniil Tolstoy from Sweden; Yaroslav Trofimov and Livia Manera Sambuy from Italy; Kader Abdolah from the Netherlands; Tonio Schachinger from Austria; Zygmunt Miłoszewski from Poland; and Mark Mobius, Jenny Erpenbeck and Michael Hofmann from Germany will participate in a variety of sessions bringing stories and experiences that reflect Europe’s diversity and creativity. In addition, EU Ambassador Hervé Delphin and Irish Ambassador Kevin Kelly will also join as panellists.
As part of the partnership, the EU Delegation to India will also co-host the festival’s inaugural reception, spotlighting the rich confluence of European and Indian literary traditions. This collaboration further strengthens the EU’s longstanding relationship with India, emphasizing the importance of literary and cultural connections in fostering global partnerships.
At the Festival, H.E. Hervé Delphin, European Union Ambassador to India, will join the EU authors in engaging audiences through thought-provoking discussions for the session “Books, Ideas, and Digital Ecosystem” on 30th January, along with Brian Murray, CEO of HarperCollins, and academic and writer Mukulika Banerjee, moderated by Sanjoy K. Roy, Managing Director, Teamwork Arts.
Talking about the long-standing partnership with the Jaipur Literature Festival, Ambassador Delphin said, “For the EU, partnering with the Jaipur Literature Festival is not only about celebrating a shared love of literature with India – it’s about sparking conversations that impact society, fostering creativity, and strengthening our cultural ties. By bringing together Indian and European voices, we’re creating a unique moment that showcases the richness of our combined storytelling traditions.” He added, “Our strong EU-India bilateral strategic partnership needs to be nurtured by people-to-people interaction. Culture is part of that canvas and literature is a powerful medium for building understanding and affinities. Over 15 European authors will be in Jaipur to share fresh perspectives, bold ideas, and stories that connect. This year, as we look forward to elevating our partnership with India, we’re also taking our partnership with the Festival to new heights.”
Sanjoy K. Roy, Managing Director, Teamwork Arts, said: “We are delighted to partner with the European Union at the 18th Jaipur Literature Festival. With over 35 writers coming from across Europe, this collaboration is about discovering Europe through the lens of literature. It’s an honour to host the European Union Prize for Literature (EUPL) and feature their 2024 nominee, Gabriela Ruivo, as part of this literary celebration.”
EUPL Nominee 2024 Gabriela Ruivo is an acclaimed Portuguese writer, and the winner of several literary awards. Celebrated for her exploration of themes such as identity, memory, and the human experience, Gabriela’s works have resonated with readers worldwide. She will discuss her journey across genres and borders at the Festival at the session, ‘The Portrait of Life’ along with Tonio Schachinger and Swati Chopra. Expressing her thoughts, she said: “I am excited to participate in the Jaipur Literature Festival, a space where the world comes together through literature. I look forward to engaging in meaningful conversations with fellow authors and readers, publishers and translators, exploring how literature can inspire creativity and change.”
The Jaipur Literature Festival, held annually in the vibrant city of Jaipur, Rajasthan, will take place from 30 January to 3 February 2025. Drawing thousands of literary enthusiasts, authors, and cultural leaders from across the globe, the Festival is a hub for global conversations on literature, arts, and culture.
Ecozaar Revolutionizes Sustainability in India with EVs and Rooftop Solar Panels
New Delhi, January 30, 2025: Ecozaar, India’s first fully integrated marketplace for green products was officially launched in Bangalore on January 27, 2025. Born from Ecofy’s vision for a sustainable future, this platform seamlessly integrates two essential eco-friendly solutions – Electric Vehicles – Two Wheelers (EVs) and Rooftop Solar (RTS) systems to make green living simple and accessible for everyone.
Ecozaar first and foremost aims to provide the right information about various green products without being just too preachy about sustainability, it not only focuses on educating consumers about economic value or savings but also suggests the right product basis need, usage & lifestyle. It also enables its consumers to make smart choices whether it is full payment purchase, securing a fully digital loan, subscriptions for short term usage or a hassle and haggle free exchange.
The intuitive calculators designed with a lot of research around range & capacity for electric 2 wheelers and climatic, geographical & electricity consumption for rooftop solar, give its consumers an unambiguous, honest and clear output helping consumers make the right choices.
The platform is designed for a hassle-free experience and collaborates with major manufacturers and local partners to ensure a memorable purchasing experience. Ecozaar also assists with all post-purchase documentation, such as RTO registration and solar installation, ensuring a smooth transition to greener choices. Committed to accessibility, Ecozaar has partnered with leading financial institutions and insurance providers to offer flexible financing options, including full payment plans, easy loans, insurance, and subscription models.
In the near future, the platform also aims to provide easy financing options like working capital, inventory funding etc. to the MSME’s participating on the platform enabling and empowering them to participate in India’s clean energy revolution.
“The launch of Ecozaar, Ecofy’s digital marketplace for green products, marks a significant step toward accelerating India’s transition to sustainable living. By integrating electric mobility and rooftop solar solutions into a seamless platform, The platform empowers consumers to make informed green choices, driving large-scale adoption of clean technologies.” said Dhanpal Jhaveri, CEO, Eversource Capital.
Kartik Gupta, CEO of Ecozaar, stated, “Ecozaar is not just a marketplace; it’s a movement aimed at redefining sustainable living for every Indian household. We are dedicated to debunking the myths that green choices are complicated or costly. With Ecozaar, making eco-friendly decisions—whether purchasing an electric scooter or installing rooftop solar panels—is as simple as clicking a button.”
Rajashree Nambiar, Co-founder, MD & CEO of Ecofy, said, “In just a short span of time, Ecofy has become the preferred retail digital lender for green assets. Drawing on Ecofy’s market experience in the last two years and over 60,000 customers onboarded, we recognized the need for an integrated platform combining discovery and sales—leading to the creation and launch of Ecozaar. Ecozaar will currently empower households in four cities (Bangalore/Chennai for EV Purchases, Ahmedabad/Pune for Rooftop Solar purchases), with plans to expand nationwide, to help consumers choose sustainable options that are good for both their wallets and the planet. It is a key step toward our vision of making green finance accessible and eco-friendly living a reality for millions of Indians.”
South Indian Bank Inaugurates SIB Tower on 96th Foundation Day
Kochi, Jan 30: Marking a significant milestone in its illustrious history, South Indian Bank celebrated its 96th Foundation Day with the grand inauguration of its new office, SIB Tower, in Kakkanad, Kochi. Established on January 29, 1929, by forty-two enterprising visionaries from Thrissur, the Bank has been a beacon of resilience and progress, aligning itself with the spirit of the Swadeshi movement. Over the decades, it has transformed into a premier financial institution, serving millions across the nation with a robust commitment to excellence, innovation, and customer-centric banking solutions.
The Foundation Day celebrations saw the presence of esteemed dignitaries, including board members, past directors, retired employees, and valued customers, reinforcing the institution’s enduring relationships with its stakeholders. The newly inaugurated SIB Tower, a state-of-the-art facility, stands as a testament to the Bank’s growth and aspirations as it moves towards its centenary year.
Spanning approximately 200,000 square feet, the 12-level structure—comprising a basement, ground floor, and 11 additional floors—houses an array of modern facilities. Among these are a Mega Currency Chest, a fully operational branch office, and workspace designed to accommodate around 1,200 employees. Additionally, the building features an auditorium with a seating capacity of over 200, an advanced audio-visual boardroom, nine meeting rooms, three interview rooms, and multiple high-speed elevators. The basement provides a double-storeyed parking facility for about 150 vehicles, ensuring seamless accessibility.
In his inaugural address, Mr. V J Kurian, Chairman of South Indian Bank, underscored the significance of the occasion, stating, “This building is not merely an infrastructure; it is a reflection of our deep-rooted foundation and future ambitions. As we commemorate 96 years of service, this milestone serves as a reaffirmation of our dedication to operational efficiency, innovation, and fostering a progressive work culture. The SIB Tower is a stepping stone towards our centenary celebrations and beyond.”
The construction of SIB Tower was met with formidable challenges, including disruptions caused by the COVID-19 pandemic and recurring floods. However, the perseverance and commitment of all involved ensured the successful completion of the project. Mr. Kurian extended his gratitude to those who played a pivotal role, particularly former Chairman Mr. Salim Gangadharan, for his instrumental contributions during crucial phases of the project’s development.
Reflecting on the Bank’s remarkable legacy, Managing Director and CEO, Mr. P R Seshadri, remarked, “Since its inception, South Indian Bank has stood firmly on the pillars of trust, integrity, and service excellence. Our strong foundation has enabled us to navigate various challenges and achieve significant milestones. The inauguration of this modern facility symbolizes our unwavering dedication to creating a resilient, adaptable, and technology-driven banking ecosystem.”
The core purpose of South Indian Bank, as envisioned by its enterprising founders, was to establish an efficient and service-oriented financial institution that would serve as a reliable repository of savings and credit for individuals and businesses, ensuring accessibility to financial services at reasonable interest rates. Translating the vision of its founding fathers into its corporate mission, the Bank has, over its long and distinguished journey, evolved into a vibrant, fast-growing, and customer-centric financial intermediary. It has successfully positioned itself as an industry leader, setting benchmarks in service excellence and financial innovation while reinforcing trust among its vast customer base.
The celebrations also included a heartfelt tribute to retired employees, acknowledging their invaluable contributions to the institution’s journey. Customers, whose continued trust has been integral to the Bank’s growth, were also felicitated.
Looking ahead, Mr. Seshadri emphasized the Bank’s forward-looking vision, stating, “This new facility is not just an operational hub but a symbol of our aspirations to remain at the forefront of the banking sector. It will play a vital role in propelling us towards new achievements, enabling us to serve our customers with greater efficiency and dedication.”
South Indian Bank, known for its customer-centric approach and pioneering initiatives, has evolved from its humble beginnings into a distinguished financial institution with a nationwide presence. Over the years, it has continuously adapted to the evolving banking landscape, reinforcing its commitment to digital transformation and financial inclusion.
As the Bank inches closer to its centenary, it remains deeply rooted in its legacy while embracing the future with optimism and innovation. The 96th Foundation Day celebrations concluded on a promising note, with the leadership expressing confidence in the institution’s continued growth while upholding the values that have defined it for nearly a century.
Radisson Blu Pune Hinjawadi & BMW Motorrad Mark Republic Day with Shared Commitment to Unity and Safety
Pune, January 30, 2025 – In a dazzling display of national pride and motorcycling passion, Radisson Blu Pune Hinjawadi, in collaboration with BMW Motored, hosted an exceptional Republic Day event that seamlessly blended the thrill of biking with a powerful message of unity, safety, and responsibility. This event, a celebration of both our country’s heritage and the vibrant spirit of the motorcycling community, captured the imagination of all who witnessed it.
On the morning of January 26, over 100 passionate riders gathered at Kalyani Nagar to embark on an exhilarating journey through the streets of Pune. The sound of over a hundred BMW motorcycles reverberated across the city, their powerful engines roaring in unison as they made their way to Radisson Blu Pune Hinjawadi. It was a sight to behold—a parade of gleaming, legendary machines, each one a testament to precision engineering and the spirit of adventure. The hour-long ride was an enthralling spectacle, as the riders demonstrated not only their skill but their shared commitment to the ideals of freedom and safety on the roads.
Upon reaching the hotel, the bikers were met with a warm welcome from the Radisson Blu Pune Hinjawadi team. A curated selection of refreshments awaited them, setting the tone for the day’s celebrations. The flag hoisting ceremony, followed by the rendition of the national anthem, filled the air with patriotic fervor, uniting all present in a moment of collective pride.
In keeping with the association spirit, a cake cutting ceremony took place, symbolizing the successful partnership between Radisson Blu Pune Hinjawadi and BMW Motorrad. The camaraderie between the riders and the hotel team was palpable as they shared stories, memorable moments, and reflections on the day’s significance. The event culminated in a vibrant “Tri-color Breakfast,” where participants revelled in delicious fare while continuing to engage in heartfelt conversations, furthering the bond of unity and respect for one another.
Amit Raman, General Manager of Radisson Blu Pune Hinjawadi, graciously summed up the event’s essence: “This Republic Day, we not only celebrated the joy of riding but also reinforced the importance of safety and responsibility on the roads. It was an honor to join hands with BMW Motorrad in commemorating this occasion with such passion and purpose. Together, we celebrated the freedom of the open road, while reminding everyone that it is our collective responsibility to ensure safety and harmony.”
This extraordinary event, which brought together the essence of patriotism and the unbridled enthusiasm of motorcycling, was more than just a celebration. It was a powerful reminder that while the open road calls to the spirit of adventure, it also demands mindfulness and respect. As we continue to honor our nation’s Republic Day, the Radisson Blu Pune Hinjawadi and BMW Motorrad partnership stands as a beacon of what can be achieved when freedom and responsibility ride hand in hand.
Vedanta Resources Appoints Deshnee Naidoo as CEO, Paving the Way for Strategic Growth
Mumbai/Delhi, 30 January 2025: Vedanta Resources, a diversified global natural resources, energy and technology company spanning across India, South Africa, Zambia, Saudi Arabia, UAE, South Korea, Taiwan, Japan, Namibia and Liberia, today announced the appointment of Deshnee Naidoo as Chief Executive Officer with effect from 20 January 2025. In her previous assignment, Deshnee was CEO of Vale Base Metals, which is a leading nickel and copper producer. She was also associated with Vedanta from 2014 to 2020, where she served in senior leadership roles including CEO of Africa Base Metals and CEO of Vedanta Zinc International. A reputed and dynamic global leader, Deshnee brings 27 years of experience in the resources business across different geographies and diversified metals and minerals.
Announcing the appointment, Anil Agarwal, Chairman, Vedanta Group said, “Deshnee joins us at an exciting phase in our journey. After an amazing 25 years in which we have emerged as India’s champion in the resources sector, we are now embarking on a new phase of growth which will make us a $100 billion critical minerals, energy and technology company, serving India and the world. At Vedanta, we always do business with a purpose. Deshnee’s growth mindset along with her commitment to sustainability aligns perfectly with our core values.”
Vedanta Resources is undergoing a fast-paced transformation, positioning itself as a key driver of growth in India and globally. Guided by its “Transformational Blueprint,” the company is focused on sustainable expansion, advancing green energy, circular economy initiatives, and digital transformation to redefine the resource sector. Its Indian subsidiary, Vedanta Ltd, is demerging its businesses to unlock significant value for stakeholders, with the acquisition of key mineral blocks to strengthen its portfolio. The appointment of Deshnee Naidoo as CEO marks a pivotal step in this journey, with her proven track-record in sustainability and operational excellence poised to deliver the business full potential value.
Speaking on her appointment, Deshnee Naidoo said, “This is homecoming for me, and I look forward to an exciting growth phase at Vedanta, enabled by the demerger. Guided by the Chairman, Mr. Anil Agarwal’s vision, we will work to make Vedanta a leading global conglomerate in critical minerals, renewable energy and emerging technologies.”
ASICS India Unveils Limited Edition Gear for 2025 New Delhi Marathon
Mumbai, India (January 30, 2025): ASICS, the global Japanese sportswear brand, today launched the limited-edition rerchandise as the official sports goods partner for the upcoming Apollo Tyres New Delhi Marathon 2025, celebrating the 10th Edition of this marathon. The merchandise was launched digitally, unveiling the official race day look of Apollo Tyres New Delhi Marathon scheduled on February 23rd, 2025. This exclusive collection is now available on ASICS website and across stores.
The limited-edition merchandise for the 10th edition of Apollo Tyres New Delhi Marathon draws inspiration from New Delhi’s distinctive archaeological style. The race day t-shirt is inspired from the C-hexagonal layout of the India Gate Complex, and the repeating pattern and typography reflects the geometric style of Mughal architecture in the capital city. This pattern is often visible in the intricate architectural designs across historic landmarks such as Humayun’s Tomb, Qutub Minar, Red Fort, amongst others. A classic fit, this t-shirt is designed with lightweight, breathable fabric that wicks away sweat, ensuring runners stay comfortable throughout the course of the run. Available in two variants – soft berry for women and blue coast for men, the t-shirt reflects the true spirit of the city in every aspect.
The official race day footwear ASICS GEL-NIMBUS 27, offers superior FF BLAST™ PLUS ECO cushioning to deliver landing on the cloud experience and comfort, making it the ideal choice for the marathon. The HYBRID ASICSGRIP™ outsole, combining ASICSGRIP™ rubber and AHARPLUS™ materials, provides superior grip and durability, making it perfect for various terrains and ensuring excellent traction and soft landings throughout your run. The women’s shoe comes in white colour with ASICS logo in white/light ube, while men’s shoe is available in wave teal/saxon green. These shoes are engineered for performance, ensuring runners experience maximum comfort throughout the race.
The collection is designed to unite marathon participants in a spirit of harmony and shared purpose. The merchandise encapsulates the historic essence of Delhi, fostering a deep connection with the runners of the Apollo Tyre New Delhi Marathon 2025.
Mr. Rajat Khurana, Managing Director, ASICS India and South ASIA said, “ASICS being the official sports goods partner for Apollo Tyres New Delhi Marathon 2025, we are delighted to launch our exclusive race day merchandise. This collection marks special as it draws inspiration from the city’s dynamic architecture, rich history and culture. This is our second year as the official sports goods partner for the marathon, and we stay committed in our mission to providing high-performance gear to the runners that not only empowers them to accomplish their best on race day, but also inspires them to achieve their individual goals and celebrate their journey.”
Speaking on the occasion Mr. Nagraj Adiga, Chairman and Managing Director of NEB Sports, stated, “We are thrilled to continue our association with ASICS for the Apollo Tyres New Delhi Marathon 2025 as the official sports goods partner. Their innovative designs, backed with unmatched technology to enhancing the runner’s experience and performance, makes them an ideal partner for the marathon. We look forward to seeing participants across the city, race in the limited-edition ASICS merchandise that embodies the spirit of New Delhi.”
Innovating Cyber Security: Pioneering Excellence and Shaping Tomorrow’s Landscape
India, 29th January 2025 – As a trusted leader in cyber security, Check Point proudly acknowledges its 2024 accolades from leading analysts and research firms. These accolades and recognitions showcase Check Point’s innovation and dedication to protecting the digital world and ensuring digital trust across networks, clouds, and endpoints.
In the third quarter of 2024, Check Point Research (CPR) reported a record-breaking surge in cyber-attacks, with organizations experiencing an average of 1,876 attacks weekly—a significant 75% rise compared to the same period in 2023. This increase emphasizes the escalating complexity and frequency of cyber threats, making it crucial for organizations to implement comprehensive security solutions to safeguard their employees, data, and reputation.
Throughout 2024, Check Point’s security platform and strong market presence were acknowledged in over 25 analyst reports (a 25% increase from 2023), which we believe cements our position as an industry leader. From firewalls to email security and cloud-native defenses, Check Point continues to shape the future of cyber security. Here’s a look at the latest recognitions for our products:
Check Point Quantum to secure the network:
- The Forrester Wave™: Enterprise Firewall Solutions, Q4 2024
- GigaOm Radar™ for Enterprise Firewall 2024
- GigaOm Radar™ for OT Security 2024
- Kuppingercole Leadership Compass for Zero Trust Network Access 2024
- Quadrant Knowledge SPARK Matrix™: Network Firewalls 2024
We believe these recognitions showcase Quantum’s position as a trusted choice for enterprises seeking unparalleled firewall and zero-trust capabilities. Furthermore, Check Point achieved top marks in Miercom’s 2024 Next-Generation Firewall Benchmark Report, showcasing its unmatched protection, cutting-edge threat prevention, and exceptional performance capabilities.
Check Point was recognized for Harmony Email & Collaboration (HEC):
- Frost Radar™ for Cloud Security Posture Management 2024
- GigaOm Radar™ for Cloud Workload Security 2024
- GigaOm Radar™ for Security Policy as Code 2024
- GigaOm Radar™ GigaOm Radar for CNAPP 2024
- GigaOm Radar™ for Cloud Network Security 2024
- GigaOm Radar™ Software Supply Chain Security 2024
- GigaOm Radar™ for Container Security 2024
- GigaOm Radar™ for Application & API Security 2024
With CloudGuard’s end-to-end cloud protection, Check Point reaffirms its role as a frontrunner in safeguarding dynamic cloud environments.
Harmony delivers seamless protection for remote and hybrid workforces, maintaining Check Point’s leadership in user-centric security.
- Gartner® Magic Quadrant™ for Email Security Platforms
- The Forrester Wave™: Mobile Threat Defense, Q3 2024
- Frost Radar™ for Email Security 2024
- GigaOm Radar™ for Anti-Phishing 2024
- GigaOm Radar™ for Ransomware Prevention 2024
- Quadrant Knowledge: SPARK Matrix™: Mobile Threat Management 2024
Harmony delivers seamless protection for remote and hybrid workforces, maintaining Check Point’s leadership in user-centric security.
Check Point Infinity Platform Services for collaborative security operations and services
- Frost Radar™ for Managed Detection and Response 2024
- Frost Radar™ for XDR Extended Detection and Response 2024
Check Point Infinity keeps advancing extended cyber security capabilities through the integration of intelligence-driven threat detection and prevention. Besides receiving high praise from analysts, Check Point achieved a perfect 100% detection rate in the 2024 MITRE ATT&CK® Evaluations for its Infinity XDR/XPR solution. Moreover, it earned the top spot as the Zero Trust Platform in Miercom’s most recent Zero Trust Platform Assessment for its Infinity Platform.