Author: Sutun Nayak

  • Crown Defence Announces Strategic Pivot Toward Shipbuilding and System Integration; Deepens Strategic Operations at Kattupalli, Cochin, and GRSE

    Crown Defence Announces Strategic Pivot Toward Shipbuilding and System Integration; Deepens Strategic Operations at Kattupalli, Cochin, and GRSE

    New Delhi [India], June 9: In a move that signals a profound shift in the regional maritime industrial landscape, Crown Defence has announced a major strategic expansion designed to transition the group from a premier maintenance specialist into a comprehensive shipbuilding and complex system integration powerhouse. This evolution, backed by nearly half a century of technical expertise, positions the group as a central architect in India’s maritime sustainment ecosystem, now extending into the high-stakes domain of naval weaponry and heavy-duty shipbuilding support.

    Since its inception in 1978, Crown Defence has meticulously built a forty-five-year legacy of engineering excellence. While historically a silent guardian of the Indian Navy’s operational readiness, the group’s new trajectory sees it stepping into the limelight as an integrated solutions provider. This transition is being spearheaded by its core maritime subsidiaries: Dynatron Services Pvt. Ltd. (DSPL), a leader in propulsion and precision engineering, and OSK India Pvt. Ltd. (OIPL), the authorized Indian partner for JSC United Shipbuilding Corporation.

    The group’s operational footprint has now intensified across India’s almost all existing shipbuilding yards in the country, evolving from maintenance into shipbuilding. Central to this expansion is the group’s heightened activity at L&T’s Kattupalli Shipyard, where Crown Defence is currently building sophisticated hull blocks for major naval projects. At Cochin Shipyard Limited (CSL), the group’s expertise has moved into modular block construction, supporting India’s most ambitious indigenous shipbuilding programs.

    Simultaneously, the group has deepened its integration with Garden Reach Shipbuilders & Engineers (GRSE) and Mazagon Dock Shipbuilders Limited (MDL), focusing on complex hull block construction and turnkey engineering solutions for upcoming frontline warships. This construction prowess is further complemented by specialized mechanical integration; the group is currently executing the installation of auxiliary machinery for the Next Generation Offshore Patrol Vessel (NGOPV) projects and the installation of critical hull equipment for Indian Navy frigates at Goa Shipyard.

    The group’s technical pedigree is best illustrated by its historical role in sustaining the nation’s most prestigious naval platforms. Crown Defence famously undertook the complex guarantee refits for the aircraft carrier INS Vikramaditya, successfully indigenizing the repair of critical pumping and firefighting systems. This expertise extends beneath the surface as well, with a long-standing track record in the refit and electronics modernization of EKM-class submarines. Today, this capability is deployed across twelve major facilities, from the bustling docks of Mumbai and Visakhapatnam to specialized units in Goa and Karwar.

    A critical pillar of this expansion is the group’s enhanced capability in Weapon Systems Integration. Moving beyond structural support, Crown Defence is now a lead integrator for lethal shipborne assets. This includes the seamless installation, calibration, and “sensor-to-shooter” alignment of advanced missile launchers, gun mounts, and torpedo tubes. By bridging hardware and software, the group ensures that sophisticated weaponry is fully synchronized with a vessel’s Combat Management System (CMS), providing a unified tactical interface.

    To anchor this expansion, Crown Defence is aggressively pursuing the acquisition of dedicated shipyard infrastructure. By evaluating strategic collaborations and direct acquisitions, the group aims to secure its own dry docks, fabrication facilities, and berthing spaces. This move follows a successful tie-up with Square Port Shipyard for tanker manufacturing, underscoring an intent to control the entire lifecycle of a vessel, from the first weld of a hull block to final weapon system outfitting.

    The group’s technological depth remains its primary competitive advantage. Through DSPL, it provides sophisticated support for ZF gearboxes and advanced control systems, while OIPL serves as an elite electronics hub. Over the past five years alone, OIPL has repaired more than one thousand complex electronic modules for Radar RF, Electronic Warfare, and weapon control systems. Aligning with “Atmanirbhar Bharat,” the group is in high-level discussions to localize the production of Integrated Bridge Systems and Reverse Osmosis Plants.

    “India’s maritime needs have evolved from simple platform construction to long-term, high-tech sustainment and lethal integration,” noted Commodore Rakesh Anand (Retd.), Head of Marine at Crown Defence and former Chairman and Managing Director of Mazagon Docks Limited. He emphasized that the move into turnkey refits and modular construction, especially at strategic hubs like Kattupalli, Cochin, and Goa, is a natural progression for a group that already understands the intricate DNA of naval vessels.

    Vice Admiral Paras Nath (Retd.), Group President, further observed that maritime readiness depends on the ability to upgrade and arm platforms efficiently. By reducing foreign dependency and shortening turnaround times, Crown Defence is ensuring that the nation’s frontline fleet remains mission-ready.

    Looking toward the 2026-2027 horizon, the group’s roadmap is clear. Crown Defence intends to scale its participation in lead-contractor roles for major vessel modernizations and weapon upgrades while finalizing the infrastructure partnerships necessary to house its growing operations. As a multi-domain conglomerate with over two hundred veteran defense specialists, Crown Defence remains committed to bridging the gap between sophisticated engineering and combat-ready naval power.

    For more information

    Visit: www.crowncorp.in

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  • UAV Marketplace Expands Its Presence in India’s Drone Industry

    UAV Marketplace Expands Its Presence in India’s Drone Industry

    New Delhi [India], June 09: UAV Marketplace is a technology-driven platform focused on the drone and unmanned aerial vehicle (UAV) industry. The company serves customers across India and is known for providing a streamlined and reliable sourcing ecosystem for drone components, accessories, and related hardware.

    With the rapid growth of the drone industry in India, the demand for high-quality and easily accessible UAV parts has increased significantly. UAV Marketplace aims to bridge the gap between manufacturers, suppliers, and end users by offering a centralized platform where customers can find a wide range of drone components such as flight controllers, motors, ESCs, frames, sensors, batteries, and other essential accessories required for UAV development and operations.

    Traditionally, the UAV industry has faced challenges such as fragmented supply chains, inconsistent product availability, lack of standardization, and difficulty in sourcing genuine components. UAV Marketplace addresses these challenges by bringing verified suppliers and products under one platform, making the procurement process more efficient, transparent, and reliable for customers across different sectors including agriculture, mapping, surveillance, logistics, research, and industrial applications.

    With a focus on improving accessibility and efficiency in UAV procurement, UAV Marketplace aims to enhance customer experience through a structured and technology-enabled marketplace model. The platform is designed to support drone manufacturers, startups, engineers, and hobbyists by reducing the time and effort required to source critical components. This allows users to focus more on innovation and development rather than supply chain limitations.

    The company continues to grow its presence in the market by offering a wide range of UAV products tailored to customer needs. By collaborating with multiple suppliers and manufacturers, UAV Marketplace ensures that customers have access to diverse options across different price ranges and specifications. This approach helps improve flexibility and supports the growing demand for customized drone solutions in India.

    In addition to product availability, UAV Marketplace is also working towards building a more organized UAV ecosystem in India. The platform is aligned with the increasing adoption of drone technology across various industries and aims to play a key role in strengthening the supply infrastructure required to support this growth.

    A spokesperson from UAV Marketplace shared that the company is committed to building a reliable and scalable UAV supply network that supports India’s expanding drone ecosystem. The vision of the company is to simplify UAV procurement and make high-quality drone components accessible to everyone, from startups to established enterprises. The spokesperson also highlighted that UAV Marketplace aims to become a trusted partner in the UAV industry by focusing on transparency, efficiency, and customer satisfaction.

    As the drone industry continues to evolve, UAV Marketplace is positioning itself as a key contributor to the digital transformation of UAV procurement in India. The company is actively working towards expanding its network, improving service quality, and introducing more advanced solutions to meet the growing demands of the market.

    Website: https://www.uavmarketplace.in/
    Instagram: https://www.instagram.com/uavmarketplace
    Contact: support@uavmarketplace.in

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  • What the Latest IRDAI Guidelines Mean for Health Insurance Policyholders in India

    What the Latest IRDAI Guidelines Mean for Health Insurance Policyholders in India

    Mumbai (Maharashtra) [India], June 9: Health insurance in India is becoming more policyholder-focused, with greater attention on clarity, continuity, service access, and smoother policy use. For customers, the latest IRDAI framework is not just regulatory information; it can directly influence how they read, buy, renew, and use their health cover.

    If you already have a health insurance policy or are planning to buy one, these changes make it important to understand your rights, duties, and policy terms before making any decision.

    A Stronger Focus on Clear Policy Information

    The recent regulatory direction gives more importance to simple and transparent policy communication.

    One key area is the Customer Information Sheet, which is meant to explain important policy features in one place. This can make it easier for policyholders to review the type of insurance, sum insured, coverage, waiting periods, deductibles, sub-limits, policy renewal, portability, migration, and grievance process before relying only on short sales material.

    For policyholders, this means the buying process should not stop at premium comparison. You should read the policy wording and the information sheet carefully so that you know how the cover works.

    More Attention to Cashless Treatment Experience

    Cashless treatment is an important part of health insurance planning, especially during hospitalization.

    The IRDAI master circular places focus on improving cashless claim settlement, digital pre-authorization, and hospital-level support for policyholders. It also expects insurers to build processes that reduce avoidable inconvenience during treatment and discharge.

    As a customer, you should check the insurer’s network hospitals, understand the cashless process, and keep your policy details available for your family. This becomes even more important if you have a health plan along with critical illness insurance, as serious medical conditions may require quick hospital coordination, timely documentation, and clear claim communication.

    Better Continuity During Renewal

    Renewal clarity matters because a health insurance policy is most useful when it continues without unnecessary disruption.

    The regulatory framework says renewal should not be denied only because the policyholder made a claim in an earlier policy period. It also restricts fresh underwriting at renewal unless the policyholder asks for an increase in sum insured, in which case underwriting may apply only to the increased portion.

    For you, this makes renewal review more important. Check your policy before the due date, pay within the allowed time, and review whether the cover still matches your family’s needs.

    Greater Transparency Around Claims

    Claim handling is another area where the latest regulatory direction brings more structure.

    The master circular mentions that if a claim is repudiated or partly disallowed, the claimant should be informed with reference to the specific policy terms.

    It also states that insurers and third-party administrators should collect required documents from hospitals after claim intimation, reducing the document burden on the policyholder in such situations.

    This does not remove your responsibility to keep medical papers safe. It simply means you should understand the process, preserve hospital documents, and communicate with the insurer as required.

    What It Means for Premium Planning

    A clearer policy framework does not mean every policy will have the same premium. Premiums may still vary based on age, health details, cover amount, plan type, add-ons, and underwriting terms. A health insurance premium calculator can be useful at the planning stage because it gives an estimated view of how different choices may affect the payable premium.

    However, the calculator should not be the only deciding tool. Review the policy benefits, exclusions summary, waiting periods, co-payment terms, renewal terms, and hospital access before selecting a plan.

    Why Critical Illness Insurance Needs Careful Review

    Critical illness insurance should be reviewed separately from regular hospitalization cover.

    Such policies or riders may work differently from indemnity-based health plans. They may provide benefits based on listed illnesses, diagnostic conditions, and policy wording. This is why you should read the benefit structure, covered conditions, waiting periods, survival conditions, if applicable, and claim process before choosing this type of cover.

    For families with financial dependents, a critical illness-focused review can add another layer to health planning, depending on income, savings, medical history, and long-term responsibilities.

    Final Thoughts

    The latest IRDAI guidelines point towards clearer communication, better service processes, and stronger policyholder awareness in health insurance. For Indian customers, the main takeaway is simple: do not buy or renew a policy only by looking at the premium.

    Use a health insurance premium calculator for planning, but read the policy documents before deciding. If you are considering critical illness insurance, review its terms separately. A well-understood policy can make health insurance more useful when your family needs it.

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  • AM/NS India and IIT Roorkee Sign Strategic MoU to Advance Education, Research, and Innovation in Manufacturing and Steel Technologies

    AM/NS India and IIT Roorkee Sign Strategic MoU to Advance Education, Research, and Innovation in Manufacturing and Steel Technologies

    Hazira/Surat (Gujarat) [India], June 9: ArcelorMittal Nippon Steel India (AM/NS India) and Indian Institute of Technology Roorkee (IIT Roorkee) have signed a strategic Memorandum of Understanding (MoU) to collaborate across education, research, innovation, and industry engagement.

    • Partnership aims to strengthen industry-academia collaboration, accelerate workforce transformation, and undertake applied research to facilitate India’s industrial growth.
    • AM/NS India to leverage its industry-integrated educational initiative, NAMTECH (New Age Makers’ Institute of Technology), to drive joint education, research, innovation, and industry-engagement initiatives under the collaboration.

    The partnership brings together the industrial expertise and global manufacturing footprint of AM/NS India and the academic and research excellence of IIT Roorkee to create a platform for advancing talent development, applied research, technology innovation, and industrial competitiveness.

    Under the framework of the MoU, the partners will explore opportunities across:

    • Joint development and delivery of academic programs, executive education, professional development courses, and workforce transformation initiatives
    • Industry-focused consulting, technical advisory services, problem-solving engagements, and technology assessments
    • Collaborative research, innovation, technology development, publications, intellectual property creation, and technology transfer initiatives.

    AM/NS India will utilise NAMTECH, its industry-integrated education initiative, as a platform to fulfil the partnership’s objectives across talent development, applied research, innovation, and industry engagement. Established to bridge the gap between academia and industry, NAMTECH brings together experiential learning, industry-led curricula, and real-world problem solving to create future-ready talent and accelerate the translation of research into industrial impact.

    The partnership reflects a shared commitment to building future-ready talent and strengthening India’s capabilities in advanced manufacturing and industrial innovation. It is expected to create opportunities for students, researchers, faculty, and industry professionals to work together on real-world challenges and contribute to the country’s long-term industrial and economic growth.

    Speaking on the occasion, Mr. Dilip Oommen, CEO, AM/NS India, said: “India’s industrial transformation will require deep collaboration between industry and academia. Through this strategic collaboration with IIT Roorkee and leveraging NAMTECH as our industry-integrated education and innovation platform, we aim to build future-ready talent, accelerate applied research, and develop impactful solutions that strengthen the competitiveness and sustainability of India’s manufacturing and steel sectors.”

    Dr. K.K. Pant, Director, IIT Roorkee, said: “This collaboration marks an important step in translating academic research into industry-relevant outcomes. By combining IIT Roorkee’s research strengths with the industrial expertise of AM/NS India and the industry-integrated learning ecosystem of NAMTECH, we aim to advance sustainability in alignment with Viksit Bharat vision through practical, scalable, and implementable solutions driven by education, technology development and deployment, and innovation.”

    Mr. Sanjay Sharma, Member Board of Directors, NAMTECH, added: “NAMTECH was established to redefine and strengthen the way manufacturing and academia collaborate in preparing talent for the future. This partnership will further enable the creation of new pathways for experiential learning, applied research, and innovation-driven outcomes that are closely aligned with evolving industry needs and priorities.”

    The MoU establishes a long-term framework for collaboration and creates a platform for sustained engagement between industry and academia to develop talent, accelerate innovation, and address emerging challenges facing India’s manufacturing and steel sectors.

  • XLRI Welcomes the Incoming Batch of 2026–28 with Prayer Service and Induction Ceremony

    XLRI Welcomes the Incoming Batch of 2026–28 with Prayer Service and Induction Ceremony

    Jamshedpur (Jharkhand) [India], June 9: XLRI – Xavier School of Management, Jamshedpur, formally welcomed the incoming batch of its flagship postgraduate and doctoral programmes through a Prayer Service and Induction Ceremony held at the Tata Auditorium on campus. The event marked the beginning of a transformative academic journey for students joining the Business Management (BM), Human Resource Management (HRM), Logistics and Supply Chain Management (LSCM), Fellow Programme in Management (FPM), and BM International Specialization Programme.

    Rooted in XLRI’s rich Jesuit tradition and commitment to holistic education, the Prayer Service brought together students, parents, faculty members, staff, and administrators in a spirit of gratitude, reflection, and purpose. The ceremony underscored the Institute’s enduring emphasis on excellence, integrity, leadership, inclusivity, and service to society.

    The programme commenced with the lighting of the ceremonial lamp, symbolizing wisdom and the pursuit of knowledge. Readings from the Bhagavad Gita, the Bible, the Guru Granth Sahib, and the Holy Quran reflected XLRI’s commitment to diversity, harmony, and respect for all faiths. Special prayers were offered for wisdom, ethical leadership, academic excellence, social responsibility, and the well-being of the entire XLRI community.

    The incoming cohort comprises 441 students across the various programmes. The batch reflects XLRI’s continued commitment to diversity and academic excellence, bringing together students from varied educational, professional, geographical, and cultural backgrounds from across the country and beyond.

    As part of the ceremony, students also took the XLRI Honour Pledge, reaffirming their commitment to integrity, ethical conduct, respect for diversity, academic honesty, inclusivity, and the pursuit of excellence for the greater common good.

    Dr. (Fr.) Sebastian George, SJ, Director, XLRI, encouraged the incoming cohort and their parents to embrace the journey ahead with curiosity, compassion, and a spirit of collaboration. Emphasizing that leadership is rooted in trust, empathy, and collective growth, he highlighted that human progress has been shaped not merely by intelligence but by the ability to cooperate, learn from one another, and work towards the common good. He urged students to cultivate values-driven leadership and contribute positively to society while upholding XLRI’s tradition of excellence and integrity.

    Dr. Sanjay Patro, Dean of Academics, marked the occasion as a significant shared milestone, celebrating grand dreams and bold ambitions. The Dean urged the new batch to uphold XLRI’s core Jesuit principle of “magis”, the constant striving for greater excellence and service to others.

    The induction programme serves as the first step in introducing students to XLRI’s unique culture, values, academic rigor, and leadership philosophy. Through interactions with faculty members, administrators, alumni, and fellow students, the incoming cohort will gain insights into the Institute’s legacy of nurturing responsible leaders committed to creating positive impact in business and society.

    For over seven decades, XLRI has remained steadfast in its mission of developing competent, values-driven leaders who combine professional excellence with social consciousness. As the newest members of the XLRI community embark on their journey, they become part of a distinguished legacy dedicated to learning, innovation, ethical leadership, and service to humanity. The ceremony concluded with the National Anthem, followed by interactions among students, parents, faculty, and members of the XLRI community, setting the tone for an enriching and transformative learning experience ahead.

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  • IIT Roorkee Opens Admissions for the 11th Batch of its Post Graduate Certificate in Data Science, Machine Learning & Generative AI

    IIT Roorkee Opens Admissions for the 11th Batch of its Post Graduate Certificate in Data Science, Machine Learning & Generative AI

    Eight-month live online programme by CEC, IIT Roorkee equips professionals to build applied expertise across Python, machine learning, deep learning, MLOps, LLMs and Generative AI

    Roorkee (Uttarakhand) [India], June 9: The Indian Institute of Technology Roorkee has opened admissions for the 11th batch of its Post Graduate Certificate in Data Science, Machine Learning & Generative AI, an advanced professional programme created for learners seeking a rigorous and application-led understanding of artificial intelligence and data-led technologies. The curriculum brings together the foundations of data science, machine learning, deep learning, Generative AI and MLOps, enabling participants to develop the capabilities required to design, build and deploy intelligent solutions in contemporary business environments.

    Offered through the Continuing Education Centre, IIT Roorkee, in association with TimesPro, the eight-month programme has been designed for professionals aspiring to build full-stack AI competence. It covers Python, machine learning, deep learning, MLOps, large language models and Generative AI, while offering learners the opportunity to deepen their expertise through specialisations in Deep Learning with Image and GenAI or Data Engineering with GenAI. Participants will strengthen their understanding of industry-standard libraries such as NumPy, Pandas, TensorFlow, Scikit-learn, Matplotlib, Seaborn, Bokeh, Tableau, Github Actions, Keras, OpenCV, BERT, GPT-3, RAG, LangChain etc. and will learn to develop machine learning models for prediction, classification and clustering, alongside applying Generative AI and LLMs to practical business scenarios.

    Artificial intelligence has moved from being a specialist technology function to a strategic capability shaping productivity, decision-making, and innovation across sectors. Industry estimates indicate that the global AI market could expand at a robust pace, growing at a double-digit CAGR of 19.20% from 2025 to 2034, reaching USD 3,680.47 billion by 2034. In India, the growing integration of AI, analytics, and automation across enterprises continues to intensify demand for professionals who can combine data fluency with model development, deployment, and responsible application.

    Speaking on the announcement of the programme, Prof. Alok Bhardwaj, Assistant Professor, IIT Roorkee, said, “Organisations now need professionals who can move from data interpretation to intelligent model deployment with sound judgement. This programme has been designed to help learners strengthen fundamentals, engage with contemporary AI applications and develop the confidence to solve business problems responsibly, using data science, machine learning, and Generative AI across domains.”

    Sridhar Nagarajachar, Business Head – Executive Education, TimesPro, said, At TimesPro, we continue to build learning experiences that connect academic rigour with workplace relevance. Our collaboration with IIT Roorkee enables professionals to acquire practical AI capabilities, work on applied projects, and prepare for emerging roles where data-driven insight, automation, and responsible innovation are becoming central to enterprise growth today.”

    The programme comprises 10 core modules, including Data Analysis and Data Visualisation, Python, Machine Learning, Text Analytics, Neural Networks and Deep Learning, MLOps and Generative AI. The 11th module focuses on specialisation and culminates in a capstone project, enabling learners to integrate concepts across the programme and apply them to real-world problem statements. Graduates may explore roles such as Data Scientist, Machine Learning Engineer, Business Analyst, Generative AI Engineer, Deep Learning Engineer, Data Engineer, Decision Scientist, Applied AI Specialist, MLOps Engineer and AI Automation or LLM Engineer.

    Previous cohorts have attracted professionals from IT, software development, BFSI, engineering, computer software, automotive, telecommunications, market research, graphic design, and allied sectors, with participants ranging from mid-career professionals to senior managers seeking to transition into or advance within data and AI-led roles.

    Delivered live in a direct-to-device format by TimesPro, the programme offers blended learning through interactive sessions, case studies, assignments, a capstone project, and a five-day optional on-campus immersion at IIT Roorkee. Learners who successfully complete all academic & attendance requirements will receive a ‘Certificate of Completion’ from the Indian Institute of Technology Roorkee (Continuing Education Centre).

    Applicants must hold a bachelor’s degree with at least 50 per cent marks and should ideally have an academic or professional background in engineering, technology, computer science, IT, mathematical sciences, or allied domains. A minimum of one year’s work experience, preferably in technology, software, or engineering, is recommended for effective learning progression.

    About IIT Roorkee

    Indian Institute of Technology – Roorkee is among the foremost of institutes of national importance in higher technological education and in engineering, basic and applied research. Since its establishment, the Institute has played a vital role in providing the technical manpower and know-how to the country and in the pursuit of research. The Institute ranks amongst the best technological institutions in the world and has contributed to all sectors of technological development. It has also been considered a trend-setter in the area of education and research in the field of science, technology, and engineering.

    About TimesPro

    TimesPro, established in 2013, is a leading Higher EdTech platform dedicated to empowering the career growth of aspiring learners by equipping them with skills to rise in a competitive world. TimesPro’s H.EdTech programmes are created to meet the rapidly changing industry requirements and have been blended with technology to make them accessible & affordable. 

    TimesPro offers a variety of created and curated learning programmes across a range of categories, industries, and age groups. They include employment-oriented early career programmes across BFSI, e-Commerce, and technology sectors; executive education for working professionals in collaboration with premier educational institutions like IIMs and IITs; and organisational learning and development interventions at the corporate level. 

    TimesPro also collaborates with India’s leading organisations across varied sectors to provide upskilling and reskilling solutions to boost employability and create a robust workforce. TimesPro is a Higher EdTech initiative by The Times Group. 

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  • Rajesh Madan Launches Ananda in Action, A Guide to Conscious Leadership and Business Transformation

    Rajesh Madan Launches Ananda in Action, A Guide to Conscious Leadership and Business Transformation

    Author and leadership coach Rajesh Madan (centre) with guests during the launch of Ananda in Action, a book exploring conscious leadership, self-awareness, and business transformation.

    New Delhi [India], June 9: Rajesh Madan, branding strategist, organisational culture expert, and leadership coach, has launched his first book, Ananda in Action, offering business leaders a fresh perspective on the relationship between inner awareness, leadership effectiveness, and sustainable business growth.

    The book brings together Madan’s three decades of experience in branding, communications, organisational consulting, and leadership development to explore how self-awareness and conscious decision-making can help business owners build stronger organisations and lead with greater clarity and purpose.

    In Ananda in Action, Madan argues that many business challenges often attributed to strategy, processes, or market conditions are, in reality, rooted in human factors such as stress, ego, fear, and the need for control. The book presents spirituality not as a retreat from business performance, but as a practical framework for improving leadership, decision-making, organisational culture, and long-term success.

    Rajesh Madan

    Drawing from his professional journey, including his role as part of the core team at HCL Technologies during the acclaimed Employees First transformation led by VineetNayar, Madan shares insights on the importance of addressing the human dimension of business. Through real-world experiences and practical reflections, the book examines how leaders can move beyond reactive decision-making and create organisations driven by purpose, trust, and resilience.

    Speaking about the launch, Rajesh Madan said, “I want to positively impact 10,000 business owners before I turn 60. That aspiration is rooted in a simple belief: when the person at the top changes, the business changes, and when the business changes, the families and communities around it change. Ananda in Action is my attempt to share a practical framework for that transformation.”

    Beyond his work as an author, Madan is the founder of The Monks, a branding and communications consultancy, and Culture Coach, a leadership and organisational development practice. He also leads Grayleap, a community-driven business book club that encourages continuous learning among entrepreneurs and business leaders.

    The launch event brought together prominent business owners, entrepreneurs, leadership practitioners, and authors, reflecting the growing interest in conscious leadership and purpose-driven business practices in India.

    Through Ananda in Action, Rajesh Madan invites business leaders to rethink success, not merely as an outcome of strategy and execution, but as a reflection of the mindset, awareness, and values of the individuals leading the organisation.

    About the Author

    Rajesh Madan is a branding strategist, organisational culture consultant, leadership coach, and entrepreneur with over three decades of experience working with businesses across sectors. He is the founder of The Monks, Culture Coach, and Grayleap, and has worked extensively with business owners and leadership teams to build stronger brands, healthier organisational cultures, and more conscious leadership practices.

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  • PAN HR Solutions Reports Strong H2 FY26 & FY26 Performance

    PAN HR Solutions Reports Strong H2 FY26 & FY26 Performance

    H2 FY26 Revenue Grows 28% YoY | Net Profit Surges 158% YoY Driven by Operational Efficiency and Scale Expansion

    New Delhi [India], June 9: PAN HR Solutions Limited (BSE – SME: 544698), a provider of manpower outsourcing, staffing, payroll management, facility management and compliance solutions, announced its financial results for H2 FY26 and FY26.

    Key Financial Highlights 

    Particulars H2 FY26 H2 FY25 % Growth
    Total Income (₹ Lakhs) 12,656.59 9,885.11 28.04%
    EBITDA (₹ Lakhs) 486.89 374.85 29.89%
    EBITDA Margin (%) 3.85% 3.79% 5 Bps
    Net Profit (₹ Lakhs) 432.20 167.79 157.58%
    Net Profit Margin (%) 3.41% 1.70% 172 Bps
    EPS (₹) 7.64 3.10 146.45%
    Particulars FY26
    Total Income (₹ Lakhs) 23,525.76
    EBITDA (₹ Lakhs) 855.83
    EBITDA Margin (%) 3.64%
    Net Profit (₹ Lakhs) 750.29
    Net Profit Margin (%) 3.19%
    EPS (₹) 13.26
    • Net Worth: ₹3,751.18 Lakhs
    • Cash & Bank Balance: ₹2,433.61 Lakhs
    • Debt-Free Balance Sheet with finance cost of only ₹3.21 Lakhs

    Other Key Highlights:

    • Maintained workforce deployment base exceeding 10,000 personnel across client locations.
    • Continued servicing leading clients across e-commerce, quick commerce, logistics, manufacturing, and facility management sectors.
    • Successfully completed BSE SME IPO during FY26, raising ₹1,404 Lakhs and significantly strengthening the Company’s balance sheet.
    • Maintained strong compliance standards with timely statutory payments and payroll processing across operations.
    • Initiated transition towards the Pay & Collect operating model, expected to support larger client engagements and future growth.

    Performance Drivers

    • FY26 profitability improvement was primarily driven by operational restructuring, employee cost rationalisation, productivity enhancement, and disciplined cost management.
    • Employee benefit expenses reduced from ₹789.94 Lakhs in FY25 to ₹493.19 Lakhs in FY26, reflecting optimisation of managerial remuneration, improved productivity per associate, and organisational restructuring following the IPO process.
    • The Company also benefited from a virtually debt-free balance sheet, resulting in finance costs of only ₹3.21 Lakhs during FY26. Lower depreciation and improved tax efficiency further supported profitability growth.
    • Despite a moderation in revenue due to contract repricing and billing cycle adjustments, the Company maintained a stable deployment base of over 10,000 personnel and improved overall profitability through operational discipline and efficient resource utilisation.

    Industry Presence

    • PAN HR Solutions continues to maintain a strong presence across:
    • E-commerce and Warehousing
    • Quick Commerce
    • Logistics and Last-Mile Operations
    • Industrial and Manufacturing Services
    • Facility Management Services

    The Company serves workforce requirements across fulfilment centres, warehouses, logistics hubs, industrial facilities, and corporate establishments.

    Growth Outlook

    • Management expects FY27 growth to be supported by:
    • Deployment of IPO proceeds towards working capital expansion.
    • Expansion of the Pay & Collect business model.
    • Growth in quick commerce and e-commerce workforce demand.
    • Entry into additional geographies and industry verticals.
    • Expansion of higher-margin services such as payroll outsourcing, compliance management, and HR consulting.

    Mr. Rajeev Kumar – Managing Director & CEO, PAN HR Solutions Limited, said: “FY26 was an important year for PAN HR Solutions as we strengthened our balance sheet, completed our public listing, and enhanced operational efficiency across the organisation. While the year witnessed revenue moderation due to contract repricing and billing-cycle adjustments, we delivered strong growth in profitability through disciplined cost management, productivity improvements, and organisational restructuring. The successful IPO has provided us with a strong liquidity position that will support working capital expansion and accelerate our transition towards the Pay & Collect model. We continue to maintain a workforce deployment base of over 10,000 personnel and remain focused on deepening relationships with existing clients while expanding into new sectors and geographies. As demand for organised workforce solutions continues to grow across e-commerce, quick commerce, logistics, and industrial sectors, we believe PAN HR Solutions is well positioned to capture emerging opportunities and create long-term value for stakeholders.”

    About PAN HR Solutions Limited

    PAN HR Solutions Limited is engaged in providing comprehensive human resource management and workforce solutions to businesses across India. The Company offers manpower recruitment, staffing solutions, payroll management, facility management services, and compliance auditing services. Operating on a B2B model, PAN HR Solutions caters to diverse industries by providing end-to-end workforce management solutions ranging from unskilled to skilled manpower deployment.

    Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like government actions, local, political, or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

  • Yuthika Professional Sets New Standards in Global Salon Hair Color

    Yuthika Professional Sets New Standards in Global Salon Hair Color

    Yuthika Professional is designed to support salon professionals with salon-grade performance

    Mumbai (Maharashtra) [India], June 09: Yuthika Professional is strengthening its presence in the professional salon industry by meeting the evolving needs of modern salons with advanced professional hair color products. Expanding its professional hair color products range, Yuthika Professional has also introduced Evano Professional Crème Hair Color with 31 shades, a premium salon hair color range available in two variants – Nourishing Crème Hair Color and Ammonia-Free Crème Hair Color.

    As salons increasingly look for advanced professional hair color products that offer consistent results and hair care benefits, Yuthika Professional is emerging as a trusted choice for hairstylists and salon professionals. With advanced formulations, a wide product range, and a strong focus on salon needs, the brand is helping raise standards in professional hair color and hair care.

    The newly launched Evano Professional Crème Hair Color range is powered by advanced Pracaxi Smooth CLT (Color Lock Technology), which helps lock color pigments deep within the hair fiber for enhanced color retention and long-lasting vibrancy. The innovative technology also supports improved smoothness, softness, and shine, helping deliver rich color results while maintaining healthy-looking hair. Designed for modern salon requirements, Evano Professional combines advanced color performance with hair care benefits, making it a valuable addition to professional salon services.

    Meeting the Changing Needs of Professional Salons

    The professional hair color industry has evolved significantly in recent years. Today’s consumers expect more than basic grey coverage. They look for customized shades, rich color results, long-lasting performance, enhanced shine, and advanced formulas that help maintain hair health.

    This shift has increased demand for professional hair color ranges that offer both precision and reliable performance.

    Yuthika Professional is addressing these changing needs with salon-focused hair color products developed for professional stylists and modern salon requirements. Its range includes permanent hair color, Cosglam semi-permanent hair colorYuthika Professional High Lift ShadesYuthika Professional Lightening PowderYuthika Professional Developers, and post-color care products, offering a complete range for professional hair coloring.

    Advanced Hair Color Options for Professionals

    Yuthika Professional’s growing presence is driven by its focus on advanced hair color technology and professional performance.

    Its Professional Hair Color is developed to deliver:

    • Rich and vibrant color results
    • 100% grey coverage
    • Long-lasting hair color
    • Smooth and easy application
    • Hair care support during coloring

    Enriched with conditioning ingredients like macadamia oil, the formula helps maintain hair softness, shine, and overall hair health during the coloring process.

    By combining color performance with hair care benefits, Yuthika Professional aligns with the growing demand for healthier and more effective professional hair color.

    Wide Shade Range for Professional Creativity

    Professional stylists need flexibility to meet different consumer preferences and hair color goals.

    Yuthika Professional offers a wide shade range that includes:

    • Natural tones
    • Trend-focused fashion shades
    • Rich browns and blacks
    • Vibrant reds
    • Blonde shades
    • Beard color

    Its specialized Yuthika Professional High Lift Range helps achieve lifted tones with smooth application and even results while maintaining hair health. Designed for professional use, the range helps achieve brighter blondes and cool lifted tones. High Lift Shades can lift natural hair color up to 4–5 levels, giving stylists greater flexibility for modern blonding and creative color techniques.

    Yuthika Professional Crème Hair Color combines advanced color performance with gentle hair care. Enriched with macadamia oil and advanced QME Technology (Quat Microemulsion), it helps lock in color pigments to reduce hair color fading while enhancing shine, softness, and smoothness for healthy-looking, vibrant hair color results.

    Complete Professional Hair Color Solutions

    What sets Yuthika Professional apart is its complete hair color range designed for salon use.

    Along with crème hair color, Yuthika Professional offers color developers such as:

    • 10 Volume (3%)
    • 20 Volume (6%)
    • 30 Volume (9%)
    • 40 Volume (12%)

    These developers are created to support proper color activation, controlled lift, and consistent salon results.

    Their smooth consistency helps improve mixing and supports accurate color development, making them suitable for different hair types and hair coloring requirements.

    Designed for the Evolving Professional Salon Industry

    The professional salon industry continues to grow, with salons increasingly focusing on quality, consistency, and innovation.

    Yuthika Professional is designed to meet the needs of different hair types and coloring preferences, making it a relevant choice for professionals looking for reliable performance and quality results.

    Its growing presence across global markets reflects increasing recognition among salon professionals seeking advanced and dependable hair color solutions.

    Supporting Stylists with Reliable Performance

    For salon professionals, consistency plays an important role in delivering quality results.

    A salon-grade hair color range helps stylists confidently achieve results such as:

    • Root touch-ups
    • Grey coverage
    • Global hair color
    • High-lift blonding
    • Tone correction
    • Fashion and creative color
    • Highlights and lowlights
    • Balayage
    • Ombre
    • Color Melting / Root Melt
    • Color Gloss
    • Babylights

    Yuthika Professional is designed to support salon professionals with salon-grade performance, allowing them to focus on creativity and client satisfaction.

    The Future of Professional Hair Color

    As consumer expectations continue to evolve, salon professionals are increasingly looking for brands that combine innovation, hair care, and reliable technical performance.

    Yuthika Professional is meeting this demand with a thoughtfully developed range designed to support modern salon needs and help stylists deliver quality results.

    With innovations such as QME Technology and advanced color-locking technologies across its professional portfolio, the brand continues to strengthen its commitment to advanced salon hair color solutions.

    By combining advanced color technology, nourishing formulations, and professional versatility, Yuthika Professional is contributing to the evolution of the professional hair color industry.

    For salons looking for reliable, performance-focused hair color solutions, Yuthika Professional is emerging as a strong choice in the professional salon market.

    If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

  • G.D. Goenka International School, Surat, Joins UNESCO Associated Schools Network (ASPnet)

    G.D. Goenka International School, Surat, Joins UNESCO Associated Schools Network (ASPnet)

    Surat (Gujarat) [India], June 9: G.D. Goenka International School, Surat has achieved a significant milestone by being officially recognised as a member of the prestigious UNESCO Associated Schools Network (ASPnet), an initiative of the United Nations Educational, Scientific and Cultural Organisation. The recognition places the school among a select group of institutions worldwide committed to promoting peace, sustainability, global citizenship, and quality education.

    With this recognition, G.D. Goenka International School becomes one of the limited number of schools in India to join this global network. It is also the first school in Surat and the third in Gujarat to receive this honour. The achievement marks a proud moment for the school community and reflects its commitment to providing globally relevant and value-driven education.

    UNESCO, a specialised agency of the United Nations established in 1945 and headquartered in Paris, works to build peace through international cooperation in education, science, and culture. In 1953, UNESCO launched the Associated Schools Network (ASPnet) with the objective of connecting educational institutions that believe education plays a vital role in building peaceful, inclusive, and sustainable societies.

    Today, ASPnet includes more than 10,000 schools across over 180 countries. These institutions collaborate on educational projects, share innovative practices, and involve students in activities that encourage intercultural understanding, environmental responsibility, and global awareness. Membership in this network reflects a strong commitment to quality education and global values.

    The inclusion of G.D. Goenka International School in this international network highlights the institution’s dedication to nurturing students who are academically strong, socially responsible, and globally aware. Over the years, the school has built a reputation for combining academic excellence with value-based education.

    Established around 2011, G.D. Goenka International School, Surat, is a premier co-educational institution located in New City Light, Vesu. The school operates from its campus at Wisdom Valley, Canal Road, Bharthana, near Anuvrat Dwar. Managed by the Ashirwad Kelavani Public Charitable Trust, the institution has steadily grown into one of the city’s prominent centres for quality education.

    The school is affiliated with the Central Board of Secondary Education (CBSE), one of India’s leading national education boards. Over the years, it has developed modern infrastructure and learning facilities that support both academic and co-curricular development. The institution is committed to supporting academic excellence through Ashirwad Kelavani Public Charitable Trust (AKPCT) scholarship schemes, from which nearly approx. 600 students have benefited since 2017.

    Spread across approximately 28,000 square metres, the campus is designed to create a vibrant learning environment for students. The infrastructure includes 129 well-designed rooms, 16 fully equipped laboratories, 3 libraries, and around 79 digital classrooms that integrate technology into everyday learning. The campus also features a spacious playground covering more than 3,000 square metres, providing students with opportunities to actively engage in sports and physical activities, and the school offers well- equipped hostel facilities for both male and female students. 

    Since its establishment, the school has focused on providing a holistic learning experience. Academic learning is complemented by sports, performing arts, cultural activities, and experiential programmes that encourage students to discover their talents and interests. The school’s approach to education emphasises creativity, critical thinking, and practical learning.

    Membership in the UNESCO Associated Schools Network is granted only after a careful review of several criteria related to educational quality and values. These include the school’s vision, teaching-learning methods, teacher development programmes, student participation, sustainability initiatives, and inclusive educational practices.

    G.D. Goenka International School, Surat successfully fulfilled these requirements through its ongoing initiatives and commitment to progressive education. The institution’s vision strongly reflects the principles of peace, human rights, sustainability, and global citizenship, which are central to UNESCO’s mission.

    The school actively promotes learner-centred teaching methods such as inquiry-based learning, experiential activities, and project-based assignments. These approaches encourage students to explore ideas independently, ask meaningful questions, and apply classroom knowledge to real-world situations.

    Teacher development is another important aspect of the school’s educational philosophy. Regular training sessions, workshops, and professional development programmes ensure that teachers remain updated with modern teaching techniques and innovative classroom practices.

    The institution also encourages active student participation in school life. Through student councils, leadership opportunities, and collaborative activities, learners are encouraged to share ideas and take initiative. These experiences help build confidence, leadership skills, and a sense of responsibility among students.

    Environmental awareness and sustainability are also integral to the school’s programmes. Through eco-clubs, environmental campaigns, and sustainability projects, students learn about responsible environmental practices and the importance of protecting natural resources.

    The curriculum integrates themes related to global citizenship, cultural diversity, and human rights, allowing students to gain a broader understanding of global issues. Cultural celebrations, international day observances, and collaborative projects also help promote intercultural understanding.

    Inclusivity remains an important value at the school. Students from diverse social, cultural, and learning backgrounds are welcomed and supported through a nurturing educational environment. Such diversity encourages mutual respect and strengthens the spirit of community within the school.

    Peace education, social responsibility, and equality are also highlighted through various school programmes and activities. Workshops, discussions, and student-led initiatives encourage learners to think critically about social challenges and contribute positively to society.

    Ensuring the safety and well-being of students is another key priority. The school maintains policies related to child protection, mental well-being, and positive discipline, creating a supportive environment in which students feel secure and motivated to learn.

    Becoming part of the UNESCO Associated Schools Network further enhances the school’s global outlook and educational vision. The association strengthens the institution’s reputation as a progressive school that prepares students for the challenges of an interconnected world.

    For students, this recognition opens up opportunities to participate in international projects, collaborative programmes, and global initiatives. Such exposure helps them develop important life skills, including communication, teamwork, creativity, and critical thinking.

    To celebrate this milestone, the school plans to organise special assemblies, exhibitions, awareness sessions, and collaborative projects aligned with UNESCO themes. These activities will introduce students to global issues and encourage them to actively participate in initiatives that promote sustainability, peace, and cultural understanding.

    The recognition by UNESCO represents an important step forward for G.D. Goenka International School, Surat. It reflects the collective efforts of the school’s management, teachers, students, and parents in creating an institution that values both excellence and responsibility.

    As the school begins this new chapter as a member of the UNESCO Associated Schools Network, it looks forward to strengthening global partnerships and expanding opportunities for its students. The achievement not only enhances the school’s international standing but also reinforces its mission to nurture responsible, compassionate, and globally aware citizens for the future.