I Am Bhojpuriya

Author: Sutun Nayak

  • Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Account

    Car Insurance Premiums Likely to Rise on Reinsurance Costs: A Brief Account

    Mumbai (Maharashtra) [India], December 4: Vehicle insurance premiums are expected to rise as insurers face higher reinsurance costs. Reinsurance assists insurance firms in managing major and unforeseen claims by distributing the risk with international partners. As the charges are raised by these international partners, the insurers tend to transfer the increment to the customers. As reinsurance is being driven high because of extreme weather losses, inflation and pressure on economies, car owners may have to pay a higher amount of their premiums.

    In this aspect, we’ll discuss the role of reinsurance in car insurance and how to navigate this increasing premium landscape.

    The Essential Role of Reinsurance

    Reinsurance is a very important, yet mostly unnoticeable, part of the insurance ecosystem. When an insurance company sells a policy, it agrees to cover losses in exchange for a premium. To shield themselves against huge, unexpected claims, as in those following a large-scale weather event or a major accident, insurers distribute some of this risk to global reinsurers.

    There are major global reinsurers in this market, and the local insurers are dependent on them to provide capacity. When these international entities receive a premium increase and require higher charges, primary insurers transfer the additional costs down the line to policyholders in order to stay profitable and solvent.

    Why Are Reinsurance Costs Increasing?

    The reinsurance cost increases cannot be attributed to only one thing, but a combination of global issues:

    • Extreme Weather Events: The Frequency and severity of extreme weather events, such as floods, cyclones, and wildfires, continue to increase. It can result in larger and more significant claims around the world, complicating risk modelling. For example, losses on natural catastrophes of over 100 billion in the fifth consecutive year.
    • Inflation and Repair Costs: There is a high rate of inflation, and the cost of repairing vehicles and replacing parts can significantly increase.
    • Economic Volatility: Central banks’ increasing interest rates in some advanced markets have raised the cost of capital for global reinsurers.

    The Impact of Increasing Car Insurance Cost

    To primary insurers, increased reinsurance expenses are a direct blow to the bottom line, which in many cases translates into high motor insurance loss ratios. This makes them change the policy premiums for customers. Reinsurance rates are likely to increase in insurance premiums on a range of covers, including motor vehicle covers.

    Particularly, the above pressure areas can be found in:

    • Compulsory Third-Party Liability: A proposal under consideration by a governing body is to raise third-party insurance premiums by about 18%, and some of the categories could have their premiums raised by up to 25%.
    • Comprehensive Coverage: The call for comprehensive car insurance coverage is also on the increase, as extreme weather conditions are escalating to wider coverage and coverage costs are escalating.

    Navigating the Rising Premium Landscape

    Here are a few proactive measures that policyholders could undertake to control their costs.

    • Compare Quotes: Competition in the market is also a mitigating factor and a comprehensive comparison of quotes offered by different insurance providers can also assist you with the best rate available.
    • Adjust Coverage: When you raise your deductible (the amount you pay before insurance begins to cover the bill), your premium is usually reduced, but make sure that this is affordable in the event of a claim.
    • Driving Patterns: Having a clean driving record or vehicle safety features can help to mitigate the effects of the escalating base costs.
    • Include Add-ons on your policy: You can add add-ons like No Claim Bonus Protection, roadside assistance and zero depreciation cover to reduce the overall cost of insurance.

    To avail such services, you can have a look at the platforms like HDFC ERGO. They have a range of offerings for third-party and comprehensive insurance policies for cars. The offer provides access to more than 9,000 cashless garages, and the car insurance premium starts at ₹2,094*.

    The Long-Term Outlook and Market Stability

    The regulatory agencies are actively participating in ensuring the stability of the market. The Indian vehicle insurance market is set to continue rising vehicle ownership from 226 million in 2023 to nearly 500 million by 2050. Moreover, the changes in regulations, including a higher level of foreign investment, may result in innovative improvements in the automobile industry.

    Final Thoughts

    The increase in car insurance premiums might seem inevitable, yet the role of reinsurance can be used to understand why these changes occur. Long-term cost management can also be achieved through safer driving and considerate add-ons. By adjusting to increased cost, insurers can allow policyholders to compare plans, review coverage and select the most appropriate plans to meet their needs.

    As the market continues to develop, the future of vehicle insurance is expected to be stable over the coming years.

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  • Kalinga Institute of Social Sciences Celebrates J.M. Meenu Malhotra’s Legacy with Honoris Causa Award

    Kalinga Institute of Social Sciences Celebrates J.M. Meenu Malhotra’s Legacy with Honoris Causa Award

    Bhubaneswar (Odisha) [India], December 4: The Kalinga Institute of Social Sciences (KISS) Deemed to be University celebrated its 5th Annual Convocation today where global business leader and Honorary Consul General of India in England, J. M. Meenu Malhotra, was conferred the prestigious Degree of Doctor of Letters (Honoris Causa) in recognition of his outstanding contributions to business, philanthropy, community service, and India-UK relations.

    Born in 1960 in Ludhiana, J. M. Meenu Malhotra moved to England at the age of 19 and began his journey with a modest job as a paper shop boy, earning £30 for a 90-hour week. From these humble beginnings, he built what is today the J. M. Meenu Malhotra Group PLC, one of the North East UK’s most respected corporate houses with businesses across commercial property, construction, leisure, finance, and care, employing more than 1,500 people. His entrepreneurial footprint extends back to India through J. M. Meenu Malhotra Realty Private Limited, which is reshaping the landscape of Ludhiana with landmark developments such as M Square, Imperial Golf Estate, and the Wilton One Stop Shop project.

    Beyond business, J. M. Meenu Malhotra has been a committed philanthropist, supporting the NHS, preserving historic buildings, and advancing community welfare. His long-standing service has earned him numerous accolades, including Asian Businessman of the Year (2009), Entrepreneur of the Year (2013), and a place atop the Northern Asian Power List. He was appointed Deputy Lieutenant of Northumberland in 2021 and, in a historic first, became the Honorary Consul General of India in England in 2024, strengthening bilateral engagement, academic partnerships, and investment ties. In 2025, he was named the first-ever Patron of the Asian Business Connexion and appointed a Member of Court at Newcastle University.

    Receiving the honour at KISS, J. M. Meenu Malhotra said, “It is a profound honour to receive this recognition from KISS. This institution is not only shaping futures but shaping humanity, and it inspires me to deepen my commitment to service both in India and abroad.”

    The convocation also featured inspirational addresses from dignitaries including Former Governor of Odisha Prof. (Dr.) Ganeshi Lal and Nobel Laureate Ms. Ouided Bouchamaoui, who praised KISS for its transformative impact on tribal communities and its global model of education-driven empowerment.

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  • Paramatrix Technologies Announces Acquisition of Metasys Software

    Paramatrix Technologies Announces Acquisition of Metasys Software

    Navi Mumbai (Maharashtra) [India], December 4: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, today announced that its Board of Directors has approved the execution of a Share Purchase Agreement (SPA) to acquire 100% equity stake in Metasys Software Private Limited, a Mumbai-based software development and IT services company. The acquisition aligns with Paramatrix’s long-term growth strategy to strengthen its technology portfolio and expand its global delivery capabilities.

    The acquisition of 100% shareholding will be executed in three tranches over the next one year, with the transaction structured as a cash consideration.

    About Metasys Software Private Limited

    Incorporated in 1996, Metasys Software Private Limited specializes in software development with strong expertise across Microsoft .NET, FileMaker, iOS, PHP, and React-based technologies. The company provides custom application development and digital engineering services to international clients across multiple regions, including North America, Europe and South-East Asia, supported by established long-term delivery relationships.

    Metasys reported a turnover of ₹12.63 crore in FY 2024–25 and continues to maintain a stable business model driven by recurring global engagements.

    Strategic Rationale

    The acquisition is expected to:

    • Strengthen Paramatrix’s digital engineering and software development capabilities

    • Expand delivery capacity and operational scale

    • Support future revenue growth through a recurring and diversified services portfolio, including engagements with international clients across North America, Europe and South-East Asia

    • Create synergy-driven integration opportunities to build scalable, unified and enhanced technology solutions

    This acquisition complements Paramatrix’s existing offerings and supports its roadmap of enhancing competencies and product-service integration.

    Commenting on the Development Mr. Mukesh Thumar, Founder, MD & CEO of ParamatrixTechnologies Limited Said: “This acquisition marks a meaningful milestone in our growth journey. Metasys brings strong engineering capability, established customer relationships and a mature services delivery model. Together, we look forward to building enhanced value, strengthening our digital offerings and accelerating growth across our integrated platforms.”

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  • Flywings Simulator Training Centre Limited IPO Opens on December 05, 2025

    Flywings Simulator Training Centre Limited IPO Opens on December 05, 2025

    Mumbai (Maharashtra) [India], December 4: Flywings Simulator Training Centre Limited (The Company, Flywings) provides simulation-based aviation training with a focus on Safety and Emergency Procedures (SEP) for cabin and cockpit crew,proposes to open its Initial Public Offering on Friday, December 05, 2025 aiming to raise ₹ 57.05 Crore (At Upper Price Band), with shares to be listed on the NSE Emerge platform.

    The issue size is 29,86,800 equity shares at a face value of ₹10 each with a price band of ₹ 181 – ₹ 191 Per Share.

    Equity Share Allocation

    • Anchor Portion – 8,50,200 Equity Shares

    • Qualified Institutional Buyer – 5,67,000 Equity Shares

    • Non-Institutional Investors – Not less than 4,26,600Equity Shares

    • Retail Individual Investors – Not less than 9,93,600Equity Shares

    • Market Maker – Up To 1,49,400 Equity Shares

    The net proceeds from the IPO will be utilized for capital expenditure towards pilot training equipment and for general corporate purposes. The anchor portion will open onDecember 04, 2025 and issue will close on December 09, 2025.

    The Book Running Lead Manager to the Issue is SobhagyaCapital Options Private Limited & Gretex Corporate Services Limited, The Registrar to the Issue is Bigshare Services Private Limited

    Mr. Rupal Sanjay Mandavia, Managing Director & CFOof Flywings Simulator Training Centre Limited expressed,“The IPO marks a significant milestone in the growth journey of Flywings Simulator Training Centre Limited. With a strong foundation in simulation-based aviation training and a dedicated focus on Safety and Emergency Procedures, the Company has established a credible and growing presence in the industry. Its DGCA recognised centres, supported by an advanced simulator ecosystem, positions Flywings to effectively cater to the increasing training demands of the aviation sector.

    The IPO proceeds will be used for capital expenditure toward new simulators, training equipment, and infrastructure enhancement. This investment will increase training capacity, support service diversification, and expand the Company’s reach to more airline partners and trainees. The offering will enable Flywings to accelerate its growth plans, strengthen market presence, and capitalize on rising demand in the aviation training space.”

    Mr. Alok Harlalka, Managing Director & CFO of GretexCorporate Services Limited said, “We are pleased to support Flywings Simulator Training Centre Limited as it advances to its next phase of growth. The Company has built a strong position in aviation training with its simulation-based learning model and focus on Safety and Emergency Procedures (SEP). It currently operates four aircraft training facilities equipped with seven full-scale simulators, maintains six active airline contracts, and serves more than ten airline clients. With over 20,000 training programs delivered under structured Training Service Agreements, Flywings continues to demonstrate predictable and recurring revenue, backed by a robust operational framework and industry-aligned modules.”

    The funds raised through this IPO will enable the Company to invest in new simulators, upgrade training equipment, and expand its training infrastructure. This capital utilization will support higher capacity, broaden service offerings, and strengthen Flywings’ reach across domestic and international aviation markets. We believe this IPO will accelerate the Company’s growth path and contribute to the development of a stronger aviation training ecosystem in India.”

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  • Vidyasvam’s Approach to Samskrita: Blending Traditional Grammar With Contemporary Pedagogy

    Vidyasvam’s Approach to Samskrita: Blending Traditional Grammar With Contemporary Pedagogy

    Bengaluru (Karnataka) [India], December 4: Learning Samskrita has always been a meaningful pursuit, yet many learners feel intimidated when they encounter rigid methods, dense rules, or traditional explanations that rely heavily on memorization. Today’s learners, especially working professionals and students, need clarity and structure. They prefer an approach that is systematic, easy to follow, and rooted in understanding rather than rote learning. Vidyasvam bridges this need by bringing together the depth of traditional Samskrita grammar and a learning environment designed for modern minds.

    At Vidyasvam, the focus is not only on preserving the classical richness of the language but also on making it accessible and enjoyable. The program invites learners to understand why the language works the way it does, how grammar holds everything together, and how classical texts can be approached with confidence. This blend of tradition and modernity forms the core of Vidyasvam’s teaching philosophy.

    Understanding the Core: Traditional Grammar Principles

    Paninian grammar is central to Vidyasvam’s teaching. It is recognized as one of the most structured linguistic systems and offers a clear framework for understanding Samskrita. Instead of learning scattered rules, students are introduced to the foundational concepts that shape the entire language. They learn how words get their structure from their canonical roots, how the forms of words that express entities and actions transform, and how meaning is conveyed through grammatical relationships. The course begins by strengthening the basics—varṇa, pratyaya, prakṛti, sandhi, kāraka theory, and word formation. These concepts help learners see the underlying structure behind every sentence. By explaining the logic behind each rule, the program removes the confusion that many learners experience when trying to decode Samskrita through memorization alone. This foundation becomes essential when students later begin reading verses and texts.

    A Modern Classroom for an Ancient Language

    Even though the content is deeply traditional, the learning experience is built with modern tools. Vidyasvam uses concise presentations, clear diagrams, mind maps, and structured worksheets and custom-built software tools to explain the grammar. These visuals help learners grasp ideas that would otherwise take much longer to understand through text alone. For online learners, recordings of each session are available. This helps them revise the material at their own pace, revisit complex concepts, and reinforce their understanding. Regular quizzes are used to strengthen retention and ensure that learners are applying the rules rather than simply listening to them.

    Discussion circles and mentoring groups also play an important role. Students share questions, work through examples, and learn from each other’s interpretations. This collaborative environment creates a practical and supportive learning space that keeps learners engaged through the program.

    Application Over Memorization

    One of the strongest aspects of Vidyasvam’s approach is the emphasis on applying grammar to real texts. Instead of practicing rules in isolation, students work with verses, especially from epics like  Valmiki’s Ramayana and the Vyasa’s Mahabharata initially. Persistent learners may choose to progress to other classics offering aesthetic complexity — such as classics by Kalidasa, Bharavi and Harsha. This gives them hands-on experience in breaking down compound words, identifying kārakas, dissolving sandhis, and performing anvaya to understand the meaning of a shloka. This approach works especially well for learners from analytical, technical, or scientific backgrounds. They appreciate the logical flow and systematic breakdown that Paninian grammar offers. By applying grammar repeatedly in context, learners retain concepts naturally. This helps them develop the ability to work with classical texts independently, which is one of the primary goals of the course.

    Designed for Modern Professionals and Students

    Many learners at Vidyasvam are from fields like engineering, sciences, medicine, IT, management, and academia. They often want a structured path to understand Samskrita texts without relying fully on translations. The course format respects their time constraints while still maintaining depth. The prerequisites are simple: the ability to read Devanagari, comfort with analytical thinking, working knowledge of English, and basic computer literacy. The program moves at a pace that allows learners to absorb concepts steadily, even if they are balancing work and personal responsibilities.

    The promise of independent reading is a major attraction. Learners understand from the beginning that this is not a casual course but one that gives them long-term skills. They progress from understanding basic forms to interpreting verses with confidence, supported by step-by-step guidance.

    The Role of Expert Guidance

    A central part of Vidyasvam’s teaching method is the clarity and experience of its facilitator, Dr. Sridhar Subbanna. His background in computer science, combined with deep study in Samskrita and Shastras, allows him to explain classical concepts with precision and simplicity. Students often mention how even complex sutras become understandable under his guidance.

    His explanations use logic and structure, reflecting the natural design of the language. Learners appreciate the patience, clarity, and consistent support he provides throughout the course. This balance of expertise and approachability contributes greatly to the effectiveness of the program.

    Structured Progression That Builds Confidence

    The course is planned in a way that helps learners progress from the basics to text application without feeling overwhelmed. Each topic builds on the previous one, and practice exercises reinforce what has been taught. The workshop structure ensures that learners stay engaged while having enough time to internalize each concept.

    As learners move through the modules, they begin to see how the pieces fit together. Shloka analysis becomes more intuitive, grammar rules start making sense, and the fear of Samskrita slowly fades. This methodical progression gives learners confidence to take up further studies or explore classical texts on their own.

    Why This Blended Approach Works

    Vidyasvam succeeds because it respects both tradition and the needs of today’s learners. The Paninian framework provides accuracy, depth, and intellectual strength, while modern teaching tools provide accessibility and clarity. Together, they create a balanced model that suits beginners, intermediate learners, and even those returning to Samskrita after many years. This approach helps learners move beyond rote learning and encourages genuine understanding. It becomes easier for them to appreciate the beauty of the language and the sophistication of its structure.

    Conclusion

    Vidyasvam’s approach to Samskrita shows how classical knowledge can be taught in a way that feels relevant and achievable today. By blending the rigor of traditional grammar with contemporary methods of instruction, the program offers a path that is both logical and inspiring. Learners who come with curiosity leave with clarity, confidence, and a strong foundation that supports further exploration of Samskrita and Indic knowledge texts.

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  • India and Obesity: SMSRC Insights Report reveals the weight of opportunity

    India and Obesity: SMSRC Insights Report reveals the weight of opportunity

    New Delhi [India], December 2: India stands at an inflexion point in its battle with obesity. For many years, obesity remained peripheral to mainstream clinical focus, overshadowed by diabetes, cardiovascular disease and chronic respiratory illness. New real-world evidence from the latest “SMSRC Insights” Report (a data-based research study), based on aggregated and de-identified data on prescription behaviour from nearly 10,700 OPD-practising physicians across Tier 1 to Tier 3 cities, shows that this situation is changing rapidly.

    Obesity is positioning itself as one of the most significant chronic diseases of the next decade. It is redefining patient demographics, influencing how physicians prescribe, and altering the trajectory of therapeutic markets across India. It now sits at the centre of the country’s chronic disease landscape, necessitating healthcare professionals to recognise the scale of this shift.

    Leading published studies on prevalence estimated that approximately 7.4 crore Indians live with obesity, which represents approximately 5% of the population. This burden is projected to rise to 18.5 crore over the next 15 years, bringing the national prevalence to 11.5%. With obesity growing at 15% annually, the consequences for outpatient care will be substantial. However, current treatment levels do not reflect this reality.

    The SMSRC Insights Report reveals that only 31.6 lakh obese individuals are under active OPD management/treatment every year. This significant mismatch between prevalence and treatment represents a major opportunity for early intervention as well as a serious risk that co-morbidities would deepen if obesity continues to be underdiagnosed.

    The SMSRC Insights Report also reveals a major shift in the demographic pattern of obesity. Women still constitute a larger share of diagnosed cases, but diagnoses among men are rising at a faster pace. Younger adults below 40 comprise the highest share of only-obesity cases, suggesting that weight gain is beginning earlier in life and may precede the onset of metabolic disease. Among adults aged 41 to 60, obesity is far more closely tied to co-morbidities that include diabetes, hypertension, dyslipidaemia, fatty liver disease and hypothyroidism. Obesity with co-morbidities today is the larger cohort, with approximately 96% of total labelled obesity as a provisional diagnosis on Rx. This reflects the natural evolution of obesity into a multisystem disorder that requires coordinated and sustained care once it advances.

    Further, obesity management traditionally was thought to be primarily the domain of endocrinologists or nutrition-focused practitioners. However, SMSRC’s real-world data contradict this assumption. Diabetologists, Cardiologists, Gastroenterologists, Nephrologists, Chest Physicians and Consulting Physicians are the highest contributors to the diagnosis and treatment of obesity linked with several key co-morbidities treated by them. This trend indicates that obesity is no longer just a metabolic issue but also a direct threat to cardiovascular, renal and respiratory health and other associated comorbidities.

    Orthopaedics and Gynaecologists also feature prominently due to the prevalence of osteoarthritis and hypothyroidism andPCOS/PCOD, respectively, among obese patients. Aneesh Mitra, President, SMSRC, says: “Over time, this therapy might expand into prescriptions of many other specialty segments such as Dermatologists for cosmetic indications or Psychiatrists for anxiety- or depression-related obesity. However, this would depend on how effectively the scientific concept of obesity treatment is established with real-world evidence studies and how the probable side effects of GLP-1 therapies are managed.

    The SMSRC Insights Report outlines the magnitude of the opportunity of obesity linked with co-morbid diseases across physician segments for the first time in India, a key insight that would aid in shaping long-term strategies for healthcare providers tackling or seeking to tackle the anti-obesity market in India.

    India is also experiencing a strong uptake of modern anti-obesity medications, especially GLP-1 receptor agonists (Tirzepatide and Semaglutide injectables). These therapies are redefining obesity care by delivering meaningful and sustained weight loss and improving glycaemic control. The Insights Report finds a significant rise in prescriptions for GLP-1 therapies and lipase inhibitors since May/June 2025. At the same time, more established therapies such as SGLT2 inhibitors and Metformin (remains steady) continue to play an important role, given their added benefits of being weight-neutral or resulting in modest weight loss in diabetic patients. The cost differential, however, remains significant. While Metformin may cost as little as ₹72 per month, injectable anti-obesity agents range from just under ₹11,000 to more than ₹16,000, depending on the dosage.

    These high-cost treatments are currently prescribed to a relatively small proportion of obese patients, though their chronic usage and growing acceptance are providing a strong tailwind to overall market expansion. Further, once Semaglutide (injectables and orals) loses exclusivity, the entry of low-cost generics would dramatically expand access to even smaller cities and semi-urban markets. India’s experience in diabetes treatment shows that when prices fall, both prescriber support and patient adoption rise quickly. Based on past case studies of similar loss of exclusivity (LoE) in the IPM, SMSRC recommends that incumbents consider price rationalisation strategies when generics enter the market to retain leadership during what is likely to be an intensely competitive and expanding post-LoE phase.

    The future of obesity therapy will also be shaped by strong consumer interest. The Insights Report notes that demand will be driven not only through prescriber support, but also by consumer pull (OTx), in line with other high-impact lifestyle therapies in which consumer enthusiasm initially outpaced clinical readiness. Much would depend on the extent of price cuts and whether there is a sudden massification of GLP-1 therapy, which might limit the therapy concept-building processes and ultimately dilute the overall perception of Semaglutide among specialist prescribers, leading to early stagnation of prescription growth.

    Thus, doctors could take a more measured approach as they work to align patient expectations with scientific evidence and safety requirements. This increases the responsibility on healthcare professionals to strengthen patient counselling frameworks and to counter misinformation, especially as the therapy categories gain visibility. Taken together, the SMSRC Insights Report illustrates that obesity has a huge opportunity to be treated vis-à-vis current prevalence rates and is emerging as a key clinical and public health challenge. It shows a disease burden rising far more rapidly than diagnosis, a therapy landscape changing faster than ever, and a health system that will require deeper coordination across specialties.

    For a detailed and in-depth strategic view of where obesity care stands today and where it is headed over the next decade, read the complete Insights Report.

    Disclaimer: This press release is for general information purposes only and should not be construed as professional medical advice. Always consult a doctor before taking any decisions.

  • Dr. Rajib Mukhapadhyay Receives ET Young Industry Leaders 2025 Award from Taapsee Pannu for Skill Development through Le Rythme

    Dr. Rajib Mukhapadhyay Receives ET Young Industry Leaders 2025 Award from Taapsee Pannu for Skill Development through Le Rythme

    New Delhi [India], December 2: Dr. Rajib Mukhapadhyay, Country Head & Director (Finance) at SkyPower Global and Co-founder of Le Rythme, has been conferred with the prestigious ET Young Industry Leaders 2025 Award, recognising his exceptional contribution to social service, inclusive growth, and skill development through his NGO, Le Rythme, across India. The honour was presented by celebrated Bollywood actress Taapsee Pannu at an elite ceremony hosted at The Grand, New Delhi, in the presence of eminent industry leaders, policymakers, and changemakers.

    A distinguished academic and corporate strategist, Dr. Mukhapadhyay is an alumnus of IIM Kolkata and a respected Fellow Member of The Institute of Cost Accountants of India. With over three decades of global leadership experience, he has played a crucial role in shaping financial strategies for leading multinational organisations. His expertise spans multi-billion-dollar project financing, treasury management, mergers & acquisitions, risk management, and long-term capital planning.

    During his tenure as Regional Treasurer at Alstom, he successfully handled financial operations across 15 countries, ensuring compliance, governance, and financial efficiency at a global scale. Prior to this, at GAIL, he led a transformational digital initiative by implementing India’s first 100% corporate electronic banking platform, marking a major step towards modernising the company’s financial ecosystem.

    Despite his global responsibilities, Dr. Mukhapadhyay’s most heartfelt work remains rooted in social upliftment. As the Co-founder of Le Rythme, a welfare-driven organisation established in memory of his late wife, he has championed large-scale programs focused on skill development, livelihood generation, and empowerment of marginalised communities. The organisation has worked extensively to uplift underprivileged youth, women, and specially-abled individuals by providing vocational training, job-linked skill development, and employment exposure across various states in India.

    Under his guidance, Le Rythme has successfully facilitated thousands of employment opportunities, helping beneficiaries achieve financial independence and a dignified livelihood. The organisation continues to collaborate with government bodies, industry associations, and CSR partners to expand its reach and impact.

    Expressing his gratitude for the award, Dr. Mukhapadhyay said that the recognition reinforces his commitment to bridging social gaps through sustainable skill development initiatives. He dedicated the honour to his wife, Late Smt. Rini Mukherjee, a renowned singer and the founding force behind Le Rythme. Her vision, compassion, and relentless dedication laid the foundation for empowering the disadvantaged, providing them with pathways to education, training, and employment.

    Dr. Rajib Mukhapadhyay’s remarkable journey—combining corporate excellence with humanitarian leadership—serves as a profound inspiration for emerging professionals and young leaders across India. His continued efforts reflect the transformative power of leadership driven not just by ambition, but by purpose, empathy, and a deep commitment to nation-building.

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  • WSCS India Registers Rapid Growth in Paper Cutlery Segment as Demand for Sustainable Packaging Rises

    WSCS India Registers Rapid Growth in Paper Cutlery Segment as Demand for Sustainable Packaging Rises

    New Delhi [India], December 2: WSCS India, already recognised as one of the leading global players in the paper packaging and food service packaging sector, has reported rapid growth in the paper cutlery segment following its introduction of the product line. The company, long known for supplying high-quality packaging solutions to several global QSR brands and major retail, hypermarket, healthcare, and foodservice chains, has expanded its offerings in response to the growing global shift toward sustainable alternatives.

    With businesses across markets re-evaluating their packaging choices, the need for recyclable, responsibly sourced materials has grown significantly. Paper-based packaging is becoming integral to sustainability commitments, and the introduction of paper cutlery has further strengthened WSCS India’s global portfolio and enabled it to enter a fast-growing category that aligns with evolving environmental priorities.

    Amit Prakash, Director of WSCS India, said the continued global reliance on plastic-based disposables remains a serious environmental concern. He noted that plastic cutlery and other single-use items often remain in the environment for decades, contributing to long-term pollution. According to him, encouraging a gradual transition toward paper-based alternatives — even in everyday applications — can help reduce the overall burden of plastic waste. “Even small changes, when embraced collectively, create measurable environmental impact,” he said.

    WSCS India’s entry into the paper cutlery segment has allowed the company to broaden its sustainable product portfolio, which already includes paper cups, paper bags, food wrapping papers and a wide range of takeaway packaging boxes. This expansion has helped WSCS India become a notable supplier of paper cutlery to international and domestic brands seeking reliable, scalable, and eco-friendly alternatives to plastic.

    Industry analysts say that the company’s rapid growth in this category comes at a time when packaging norms worldwide are undergoing major transformation. Stricter regulations on single-use plastics, along with significant shifts in consumer awareness, have encouraged brands to prioritise materials that offer both performance and environmental responsibility. WSCS India’s existing strength in global food packaging supply chains, combined with its production capabilities, has positioned it strongly as demand for paper cutlery continues to grow.

    The company’s broad, integrated manufacturing approach — covering paper cutlery, cups, bags, wraps and multiple food-service packaging categories — enables it to meet high-volume requirements across global markets. Its ability to maintain consistent quality and offer customisable solutions has played a crucial role in its recognition as a leading international paper packaging brand.

    Furthermore, WSCS India’s expansion into paper cutlery aligns with the broader trend of businesses seeking to replace plastic-based products with recyclable and biodegradable materials. By introducing this line, the company has strengthened its position not only as a significant food packaging manufacturer but also as an emerging global leader in paper cutlery supply.

    As sustainability becomes a central focus in procurement decisions, analysts expect companies like WSCS India to play an increasingly important role in shaping the industry’s transition toward responsible packaging. The company says it remains committed to supporting businesses that are working to reduce their environmental footprint through paper-based alternatives.

    With strong capabilities in manufacturing, supply chain reliability and sustainable product development, WSCS India continues to expand its footprint across markets — reinforcing its status as a globally recognised leader in the paper packaging sector and a fast-growing contributor in the paper cutlery category.

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  • MYPB Emerges as India’s Authentic Peanut Butter Powder Brand from the Heart of Amreli

    MYPB Emerges as India’s Authentic Peanut Butter Powder Brand from the Heart of Amreli

    New Delhi [India], December 2: Amreli is a small city in Gujarat that is experiencing a phenomenal business success story, generating national publicity. MYPB is an Indian company that has established itself as the most authentic brand of peanut butter powder in India in a short period of time, founded by Pujan Kachhadiya. The company has had its ups and downs, resulting in a journey characterised by determination, innovation, and a desire to uplift the youth and farmers in the region.

    The story dates back to the nineteen-eighties when the father of the family relocated to Amreli and began to run a business of two-wheeler repair and spare parts. The store served its purpose for several years. However, with technological developments in the automotive industry, the company gradually declined. It was during this period that the elder son, Maulik, completed his studies in 2012, worked as a teacher, and started his solar business in 2016. That business is still thriving today, and it has led to the family’s entrepreneurial spirit.

    Pujan Kachhadiya completed his graduation in 2018. Though his dream was to start his own business, the family’s financial status did not permit taking risks at that moment. He studied for government exams to support the family and passed various tier-two and tier-three examinations. Nevertheless, the need to do something new was more substantial than the desire for a safe job. He did not take up a government post and continued searching for an idea that would make a significant difference.

    At a time when the pandemic was affecting people’s lives in the country, his brother, Maulik, was a complete support to Pujan Kachhadiya in starting a business that would be based in Amreli yet contribute to the local farming community. Their mission was clear. They were keen on resolving the problem of youth migration by demonstrating that a nationwide business could be established effectively in a tier-three city without moving out of their hometown.

    Amreli is famous for cotton and peanut production. When Pujan Kachhadiya searched global e-commerce sites, he found peanut butter powder among the top-selling goods in America. Interested in this new idea, he looked at the Indian market and realised that only two brands sold it. Upon trying them, the flavour was unsatisfactory. To learn more about the product, he asked friends in the United States to send authentic ones. After trying them, he realised there was a strong chance to bring a genuinely original, pleasurable peanut butter powder to India.

    It was due to this realisation that a serious research program started. There was no known system of processing this product in India, hence he was forced to start at the very bottom. He travelled over 30,000 kilometres and conducted more than 200 product tests over more than 2 years. When he eventually got the right taste and texture, he realised he had created something great.

    MYPB was officially opened on August 20, 2023. The product contained 80 per cent reduced fat, one-third fewer calories, 50 per cent more protein, and was made entirely of natural ingredients. In two months, the brand attended a major health expo and was well-received by athletes in India and abroad. It reached the sixteenth place among the best-selling peanut butters on Amazon India in six months.

    The company is still entirely bootstrapped. The brothers believe that by investing their own savings, they maintain discipline, accountability, and financial planning. MYPB anticipates sales of one crore rupees in 2024 to 2025 and ten crore rupees the following year with a good EBITA margin.

    MYPB is now a compelling reminder that innovation, research, and a strong purpose can turn a small-town dream into a national success story.

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  • TIMELESS FASHION WALK 2025 Blasts Off in Style: Vishal Kapoor VK Launches a Bombastic, Star-Studded Opening

    TIMELESS FASHION WALK 2025 Blasts Off in Style: Vishal Kapoor VK Launches a Bombastic, Star-Studded Opening

    Mumbai (Maharashtra) [India], December 4: TIMELESS FASHION WALK 2025, curated by designer Vishal Kapoor VK’s Fashion House PANACHE RUNWAY, delivered a spectacular and seamlessly orchestrated showcase at The Lalit, Mumbai, featuring five distinct and powerfully executed fashion segments. The evening commenced with a luxury resort wear presentation, setting an energetic tone for the night. VK unveiled a glamorous, high-fashion collection infused with glitz and contemporary elegance, brought to life by the  stunning actress and model Showstopper Shilpi Chugh & Actor Model Pankaj Tushir who ignited the ramp with confidence and poise.

    TIMELESS FASHION WALK 2025 - PNN

    The second segment transitioned into an exquisite Chic Fusion Evening Wear showcase. Show opener, silver model Pradeep Narwelkar, captivated the audience with his sophisticated presence, followed by actress and model Smita Shitole, who mesmerised as the showstopper. Their charismatic performances highlighted VK’s mastery of merging modern silhouettes with refined artistry.

    The third segment introduced Bridal Couture, elevating drama and grandeur. Renowned celebrity Kathak performer Lakshya Sharma added a powerful cultural dimension with his riveting act. Show opener Sonal Waghmare and showstopper Priya Tiwari brought a fierce, regal aura to the runway, embodying the essence of VK’s opulent bridal vision.

    The fourth sequence, inspired by striking Met Gala aesthetics, celebrated individuality and avant-garde glamour. Show opener Abhijit Mhatre and showstopper Meenakshi Pange enthralled the audience with their bold, distinctive style, each look curated to reflect a unique personality, pushing the boundaries of creative fashion expression.

    The grand finale—Hall of Fashion—featured an impressive lineup of celebrated actors and public personalities including Jaswir Kaur, Dolphin Dubey, Charul Malik, Nivedita Basu, Swati Lanke, Raju Shrestha, Neel Motwani, Satyamvvadhaa Singh, and Sushhant S Kandaya, who graced the runway in VK’s signature creations with unmatched elegance.

    The event was proudly supported by Art Media Advertising as the Title Sponsor and exclusive outdoor media partner. Jewellery partners JEWELBOC Fine Jewellery by Sujata Gupta and Royal & Rubies by Sonal Waghmare enhanced every look with their exquisite craftsmanship. The glam quotient was further elevated by hair and makeup partners Sparkle by Saima (Saima Shabbir) and ANTARA’S Makeover (Vaibhav Chaphekar).

    The show was flawlessly directed and choreographed by Shie Lobo, with backstage operations meticulously managed by Vinu Mishra and Kashida Fashion Institute & a wonderful celebrity anchor Ruby Bhatia ensuring a memorable and impeccably executed fashion spectacle.

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