Author: Sutun Nayak

  • From BrahMos to AI Health Diplomacy: India’s Bold Play 2025

    From BrahMos to AI Health Diplomacy: India’s Bold Play 2025

    New Delhi [India], October 18: India isn’t just flexing muscle; it’s rewriting the playbook. From missiles that reach every inch of Pakistan to AI that could transform global healthcare, New Delhi is putting the world on notice: this is what self-reliance looks like when it gets serious.

    Rajnath’s Message: “Every Inch Within Range”

    In Lucknow, Defence Minister Rajnath Singh delivered a message that left no room for ambiguity. At the BrahMos Aerospace unit in Sarojini Nagar, he declared that “every inch of Pakistan’s territory lies within range of BrahMos.” What unfolded during Operation Sindoor, he warned, was “just a trailer.”

    Flanked by Uttar Pradesh Chief Minister Yogi Adityanath, Singh flagged off the first batch of BrahMos missiles manufactured in Lucknow, an unmistakable milestone for India’s defence ecosystem. “BrahMos isn’t just a missile. It’s proof of India’s strategic confidence,” he said.

    For the record, BrahMos is a supersonic cruise missile developed jointly by India and Russia. It’s deployed across all three services, Army, Navy, and Air Force, and has become India’s go-to weapon for precision strikes.

    Operation Sindoor, carried out earlier this year, saw India destroy terror infrastructure and defence installations inside Pakistan using indigenously produced BrahMos missiles. The trigger was an attack in Jammu and Kashmir’s Pahalgam on April 22 that killed 26 people. The swift retaliation wasn’t just a military statement; it was a masterclass in deterrence.

    Singh didn’t mince words. “Victory has become a habit for us,” he said, adding that Operation Sindoor “instilled new confidence among Indians and proved BrahMos’ effectiveness to the world.”

    Lucknow Joins the Defence Big League

    The newly operational BrahMos Integration and Testing Facility in Lucknow is not just a factory; it’s a symbol of how far India has come in turning intent into industry. Inaugurated virtually in May, the 200-acre site now produces up to 100 missile systems annually, with all integration and testing done locally. The ₹380-crore project under the Uttar Pradesh Defence Industrial Corridor (UPDIC) is expected to clock a turnover of ₹3,000 crore by the next fiscal year, generating ₹500 crore in GST alone.

    Yogi Adityanath called it a “shining example of the Make in India vision,” adding that over 15,000 youth have already found jobs across UPDIC’s six nodes. He didn’t need to say the quiet part aloud; this is what an industrial policy looks like when it works.

    Singh added that BrahMos is now not just India’s backbone but a global brand, pointing to recent contracts worth ₹4,000 crore signed with two countries. “India is now a giver, not just a taker,” he said, calling the missile export deal to the Philippines just the start of a new chapter.

    And then came the punchline only Rajnath Singh could deliver: “If India could create Pakistan, then you all are wise enough to know what we can do if the time comes.”

    Subtle? Not really. Effective? Absolutely.

    From Missiles to Machines That Heal

    If BrahMos shows India’s ability to hit targets, the IndiaAI–WHO partnership proves it can also heal the world. Hours after Rajnath’s fiery address, another arm of the Indian government, the Ministry of Electronics and IT, announced a collaboration with the World Health Organization.

    Their joint initiative, the Casebook on AI Health Use Cases Across the Global South, is not about weapons; it’s about wisdom. The goal: document real-world AI applications in healthcare that actually work and can be replicated worldwide.

    Researchers and innovators across developing nations have until October 31, 2025, to submit abstracts showcasing AI solutions that have improved healthcare delivery, diagnosis, or disease management. Selected entries will feature in a Casebook to be launched at the India–AI Impact Summit 2026 in New Delhi this February.

    For India, it’s another quiet assertion of leadership. The same country that once imported almost everything is now setting global standards in AI ethics, scalability, and responsible innovation.

    This isn’t charity, it’s strategy. The Casebook will act as a reference for policymakers and health innovators across the Global South, offering a roadmap to replicate India’s digital health success.

    The Casebook will highlight deployable, ethical, and scalable AI projects that have transformed real-world health systems. Full chapters, due by December 15, will detail implementation strategies, impact metrics, and lessons learned.

    India’s Twin Engine: Power and Purpose

    Put together, these two developments tell a single story: India isn’t waiting for permission anymore. Whether it’s defence technology that rattles adversaries or AI systems that inspire international collaboration, the message is the same: India’s tech ambitions are real, strategic, and unapologetically global.

    The BrahMos facility shows what happens when policy, engineering, and political will align. The IndiaAI–WHO Casebook shows how that same model can be exported to address global healthcare gaps. One secures borders; the other saves lives. Both serve the same vision, Aatmanirbhar Bharat, powered by innovation.

    Lucknow might soon host visiting defence delegations, while Delhi hosts health-tech pioneers. Different stages, same script: India leading by design, not chance.

    PNN News

  • Another Light Counselling Spreads Warmth This Diwali with Free Sessions for Those Facing Loneliness

    Another Light Counselling Spreads Warmth This Diwali with Free Sessions for Those Facing Loneliness

    Mumbai (Maharashtra) [India], October 17: As homes across India glow with lamps symbolising prosperity and joy, Another Light Counselling is turning its focus toward lighting something even more meaningful — the human heart. In a unique Diwali initiative, the mental health organisation is offering six free 30-minute counselling sessions to anyone struggling with loneliness, grief, or emotional overwhelm during the festive season.

    For many, Diwali brings happiness, laughter, and connection. But for others, it can amplify feelings of isolation, pressure, or loss. Recognising this emotional contrast, Another Light Counselling’s founder, Aanchal Narang, decided to create a safe and compassionate space for those who may find this time of year especially difficult.

    “Every Diwali, we light lamps for prosperity and joy — but what about the hearts that feel dim?” said Aanchal Narang, Founder and Counsellor at Another Light Counselling. “Festivals often highlight what’s missing. This year, I wanted to do something different — to keep alive a small tradition of real conversations.”

    The “Light Within” initiative reflects the organisation’s mission to normalise emotional honesty and provide accessible mental health support. Through these complimentary sessions, Another Light Counselling hopes to remind people that healing begins with connection — and that no one should have to navigate emotional pain alone.

    The free 30-minute sessions will offer individuals a chance to talk openly about their feelings, decompress from holiday pressures, and rediscover their sense of inner calm. Participants can expect a warm, non-judgmental environment, where the focus is not just on problem-solving, but on genuine human connection.

    “We often associate Diwali with external brightness — decorations, gatherings, celebrations,”. “But sometimes, the brightest light is the one we find together, in moments of listening and understanding.”

    This initiative also shines a light on a growing awareness of mental health in India, particularly during culturally significant periods. By weaving empathy and mental wellness into the fabric of a major festival, Another Light Counselling is encouraging a cultural shift — one that celebrates emotional truth alongside tradition.

    Key Details of the Initiative:

    • What: Six free 30-minute counselling sessions offered by Another Light Counselling
    • Who: Open to anyone experiencing loneliness, stress, grief, or emotional exhaustion this festive season
    • When: October 20th, 2025
    • How to Register: Message @another_light_counselling on Instagram to book a session
    • Where: Sessions will be conducted online or in-person (as applicable)

    About Another Light Counselling

     Based in Mumbai, Another Light Counselling is a wellness and mental health practice dedicated to fostering compassion, awareness, and authentic human connection. Through individual sessions, workshops, and community initiatives, the organization continues to create safe spaces for emotional healing and personal growth.

    This Diwali, Another Light Counselling invites everyone to pause and tend to their inner flame — to remember that light is not only something we create outside, but something we nurture within.

    Media Contact:
    Aanchal Narang
    Founder & Counsellor, Another Light Counselling
    Instagram: @another_light_counselling

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  • Chandan Healthcare Expands Presence with Two New Diagnostic Centres in New Delhi and Bhopal

    Chandan Healthcare Expands Presence with Two New Diagnostic Centres in New Delhi and Bhopal

    Lucknow (Uttar Pradesh) [India], October 18: Chandan Healthcare Limited (NSE – CHANDAN), – Chandan Healthcare Limited, one of the leading players in North India’s diagnostics and healthcare services sector, announced the inauguration and commencement of operations at two new state-of-the-art diagnostic centres located in Prashant Vihar, New Delhi and Bhopal, Madhya Pradesh.  Each centre is equipped with an array of advanced medical diagnostic facilities, including:

    • Digital X-Ray: Delivering precise imaging for accurate diagnosis and treatment.
    • 4-D Ultrasound: Revolutionising imaging with high-resolution, real-time visualisation for superior insights into patient health.
    • Cardiac CT scan: Specialised scanning technology providing critical information about heart health.
    • MRI: High-quality magnetic resonance imaging for detailed studies of various organs and tissues
    • Pathological Lab Testing: A full suite of diagnostic tests supporting comprehensive health evaluations.

    Additionally, New Delhi Centre features a dedicated Genome Lab, offering Whole-Genome Sequencing (WGS), Transcriptomics, Epigenomics, Metagenomics, Genome Annotation, Pharmacogenomics, Genetic Testing, and Diagnostics, providing advanced genomic insights for personalised healthcare.

    With the addition of these two centres, Chandan Healthcare Limited’s network now comprises 43 diagnostic facilities across India. This marks the Company’s entry into both Delhi and Madhya Pradesh, reinforcing its focus on expanding access to quality healthcare. Designed to provide a seamless and comfortable experience, the new centres reflect Chandan Healthcare’s commitment to innovation, patient-centric care, and sustainable growth.

    Commenting on the development, Mr Amar Singh, Promoter and Managing Director of Chandan Healthcare Limited, said, “Our expansion into New Delhi and Bhopal reflects our continued commitment to bringing advanced, technology-driven healthcare solutions closer to the people. With these additions, Chandan Healthcare’s network now comprises 43 diagnostic centres across India. Expanding into two new states opens new opportunities to serve more communities and further strengthen our presence across the country.

    At Chandan Healthcare, our focus has always been on blending innovation with compassion. These new facilities demonstrate our dedication to patient-centric care, operational excellence, and continuous improvement as we work towards creating a stronger, healthier future for all.”

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  • Cupid Limited Achieves CE (EU IVDR) Certification for Pregnancy And Syphilis Test Kits, Paving the Way for Global Expansion in The Multibillion US Dollar IVD Market

    Cupid Limited Achieves CE (EU IVDR) Certification for Pregnancy And Syphilis Test Kits, Paving the Way for Global Expansion in The Multibillion US Dollar IVD Market

    Mumbai (Maharashtra) [India], October 18: Cupid Limited, (BSE – 530843, NSE – CUPID), Cupid Limited, a leading Indian healthcare and diagnostics manufacturer, announced today that it has been granted CE (EU IVDR) Certification for two of its key in-vitro diagnostic (IVD) devices — the CupiSURE Pregnancy (hCG) Test Kit and the CupiKIT Syphilis Antibody Test Kit.

    These certifications confirm compliance with the European Union Regulation (EU) 2017/746 (IVDR), authorizing Cupid to distribute these kits across the European Economic Area and other CE-recognized global markets. The development marks a major step in Cupid’s transition from an Indian healthcare exporter to a globally certified IVD solutions provider.

    Strong Global Market Outlook

    Cupid’s certified IVD kits target two of the fastest-growing diagnostic categories:

    Pregnancy (hCG) Test Kits — Global market valued at USD 1.7 billion in 2024, projected to reach USD 2.9 billion by 2034 (CAGR ~5.4%).

    Syphilis Immunoassay Diagnostics — Estimated at USD 611 million in 2025, expected to grow to USD 993 million by 2034 (CAGR ~5.6%).

    In addition, Cupid is in the final stages of securing CE (EU IVDR) Certification for its HIV 1 & 2 Antibody and Hepatitis B Antigen IVD kits, expected by December 2025 — products that address some of the world’s largest and most urgent diagnostic markets:

    HIV 1 & 2 Antibody Diagnostics — Global market estimated at USD 3.6 billion in 2025, projected to expand to USD 6.1 billion by 2030 (CAGR ~10.7%).

    Hepatitis B Antigen IVD Diagnostics — Valued at USD 1.3 billion in 2024, expected to surpass USD 2.0 billion by 2033 (CAGR ~4.2%).

    Collectively, these four segments represent a vast global market opportunity, offering substantial room for Cupid’s expansion in both public health and private clinical sectors.

    Strategic Significance for Cupid Ltd.

    With these CE (EU IVDR) approvals, Cupid can now:

    Participate in European, African, and Latin American tenders for maternal health, STD, and infectious-disease screening.

    Leverage its low-cost, high-quality manufacturing base in India to deliver competitively priced global IVD solutions.

    The certifications also reinforce Cupid’s commitment to diversifying beyond sexual-health products into the broader preventive and diagnostic healthcare space, aligning with the global shift toward early detection and rapid testing.

    Commenting on the Development, Mr. Aditya Kumar Halwasiya, Chairman and Managing Director said, “The CE (EU IVDR) Certification for our Pregnancy and Syphilis Antibody IVD kits is a milestone achievement that validates Cupid’s global quality standards and technical excellence. These certifications open up huge opportunities for us across Europe, Africa, and Asia. With HIV 1&2 Antibody and Hepatitis B Antigen kits on track for approval by December 2025, Cupid is poised to become one of India’s few integrated diagnostic companies with a globally certified product suite. We aim to build a strong international footprint and make accurate, affordable diagnostics accessible to all.”

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  • Patil Automation Bags INR 10.82 Crore Order for Onsite Assembly Line Installation

    Patil Automation Bags INR 10.82 Crore Order for Onsite Assembly Line Installation

    Pune (Maharashtra) [India], October 18: Patil Automation Limited (NSE:PATILAUTOM | INE17GV01016), a comprehensive industrial automation solutions provider catering to both automotive and non-automotive sectors, has announced the receipt of a ₹10.82 crore purchase order (inclusive of all taxes and duties) from an Indian corporate client for an onsite assembly line installation project.

    The project involves the design, development, manufacturing, fabrication, and installation of a Front Axle Tube Overhead Structure with XY Rail Structure, Yoke Pressing to Gauge, and Welding Cell, and is expected to be completed by February 15, 2026.

    This latest order adds to the company’s growing pipeline of turnkey projects, reinforcing its position as a trusted partner for customized automation systems that drive precision, productivity, and scalable manufacturing. With this addition, Patil Automation’s active order book now exceeds ₹140 crore plus, underscoring its robust growth trajectory and rising demand from OEMs and Tier I suppliers across industries.

    Commenting on the order win Mr. Manoj Patil, Promoter and Managing Director, Patil Automation Limited said, “This project win reflects the trust our customers place in our design and execution capabilities. We continue to strengthen our presence beyond the automotive space by offering flexible and intelligent automation solutions that cater to diverse manufacturing needs. Our focus remains on expanding our customer base, diversifying industry exposure, and enhancing our technological edge to deliver high-value engineering solutions.”

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  • PVL 2025: Calicut Heroes Clinch First win, Outplay Kolkata Thunderbolts 3–0

    PVL 2025: Calicut Heroes Clinch First win, Outplay Kolkata Thunderbolts 3–0

    Hyderabad (Telangana) [India], October 17: The defending champions Calicut Heroes defeated the Kolkata Thunderbolts 15–10, 15–11, 15–12 in the RR Kabel Prime Volleyball League powered by Scapia – Season 4 at the Gachibowli Indoor Stadium, Hyderabad, on Friday, to register their first win of the season. Mohan Ukkrapandian was named the Player of the Match.

    Shameemudheen continued his excellent form for Calicut, producing crucial blocks against Ashwal Rai and attacking effectively from the middle zone. Sustained service pressure from Ashok Bishnoi helped Calicut gain an early edge. Kolkata’s overseas star Matin Takavar replied with powerful spikes, but frequent service errors disrupted their rhythm and momentum.

    Santhosh joined the offensive play for Calicut, allowing captain and setter Mohan Ukkrapandian to distribute the ball with precision and control. The pair of Vikas Maan and Shameem established a solid blocking line, making it difficult for Kolkata’s frontline hitters to break through.

    As the match progressed, Calicut committed a few service errors, giving Kolkata a glimmer of hope. However, Pankaj Sharma’s cross-body spike sailed wide, enabling Calicut to take a 2–0 lead. Shameem continued to stand tall in defence, blocking fierce attacks from Rahul K. and maintaining Calicut’s dominance.

    Despite accurate passing from reserve setter Jithin, the Thunderbolts were unable to capitalise on key attacking chances due to Calicut’s composed defence and sharp court positioning. Santhosh and Tharusha Chamath stayed consistent with their strikes as Calicut sealed a commanding 3–0 victory, bagging all three points.

    Kolkata Thunderbolts now hold on to slim playoff hopes, with two matches remaining—against Hyderabad and Delhi. “We are known for comebacks, and we will bounce back from this defeat as well,” said Chairman and Principal Owner, CA Pawan Kumar Patodia.

    In this contest of champions, the result proved to be a significant morale booster for the reigning champions, Calicut Heroes, who have endured a tough season so far in Season 4. The win over the inaugural champions, Kolkata Thunderbolts, reignited their confidence and momentum. With one match left—the Kerala Derby against Kochi Blue Spikers—team owner Safeer PT expressed his joy, saying, “This win is for the fans and supporters of Calicut Heroes. We still have a fight left in us!”

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  • Priyanka Sharma Launches “ScrollControl” Initiative at ISAC CopConnect Round Table on Cyber Resilience

    Priyanka Sharma Launches “ScrollControl” Initiative at ISAC CopConnect Round Table on Cyber Resilience

    New Delhi [India], October 18: In a world where the digital scroll never stops, the ISAC CopConnect Round Table on Cyber Resilience invited the nation to pause — to reflect, to protect, and to empower. The virtual session, held on October 18, 2025, brought together thought leaders from the fields of law, policing, education, banking and cybersecurity to discuss India’s growing need for digital safety and mental well-being in the online age.

    Launch of “ScrollControl” — A National Call for Cyber Wellness

    The highlight of the session was the launch of “ScrollControl”, a nationwide initiative designed to protect children in cyberspace and foster responsible digital behaviour among youth.

    The program aims to:

    * Protect children online through innovative awareness campaigns and creative competitions.

    * Empower parents and educators with insights to make informed digital choices.

    * Recognise schools and communities that champion cyber safety and digital wellness.

    The initiative is a collaborative effort by ISAC CopConnect, in partnership with CERT-IN, AICTE, and supported by Zscaler, GTPS, and Panjab University.

    Priyanka Sharma Leads with Purpose

    The “ScrollControl” initiative was formally launched by Priyanka Sharma, the acclaimed Indian actress known for her impactful performances in Savaari (2020), Tantiram (2023), Pelli Kani Prasad (2025), and the upcoming #Viralprapancham (2025) — a film centred around cybersecurity and digital privacy.

    Speaking at the event, Priyanka Sharma said,

    “Children are the world’s most valuable resource and its best hope for the future. We can’t afford to let that valuable resource be shaped by the negative impact of technology. Parents must guide their children — and to do that, they must first be enabled. The Scroll Control project truly resonates with me, and I am delighted to contribute to creating a safer cyberspace for children.”

    Voices from the Cyber Resilience Round Table

    The session featured insightful discussions led by:

    * Adv. Prem Kamath, Advocate, High Court of Kerala

    * Rahul Alwal, IPS

    * Dr. Arundhati H, Educational Consultant

    * Aman Nugyal, CISO, IWPB (HSBC)

    Moderated by Priyanka Vaidyanath, Head of CopConnect, the round table explored ways to strengthen India’s cyber resilience through collaboration, awareness, and digital literacy. Experts emphasized that awareness is the foundation of resilience in the modern digital era.

    Ms Sheeba Sivakumar, GM ISAC, and an experienced Academic Administrator, said, “Gen Z needs to go slow on the scroll time, and ScrollControl is aiming to achieve that while enabling the parents at the same time”

    Building a Safer Digital Future

    Scroll Control” is more than an initiative — it’s a movement to make cyberspace safer, smarter, and more human. By engaging schools, parents, and communities, the program aims to transform the digital ecosystem into one that protects and nurtures rather than exploits young users.

    Swetha R Prasad, a leading Kannada Actress also extended her support to the movement.

    As the event concluded, participants echoed the session’s core message:

    “The digital world never stops scrolling. Today, we pause — to protect, to empower, and to begin change.”

    Registration and further details: https://lnkd.in/gdgXDysN

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  • How KRIGAT Is Transforming Physiotherapy and Human Performance with AI

    How KRIGAT Is Transforming Physiotherapy and Human Performance with AI

    New Delhi [India], October 18: In an era where intelligent systems are reshaping everything from how we shop to how we heal, KRIGAT steps in as a game-changing innovation at the intersection of health, AI, and human potential. Developed by AltrixLabs, a cross-continental collaboration between British and Indian innovators, KRIGAT is not just another health tech product. It’s an entirely new approach to understanding, supporting, and optimising the way we move.

    From Vision to Reality – The AltrixLabs Story

    AltrixLabs was born from a unique blend of athletic grit, business intelligence, and deep tech expertise. In the UK, Parantha Narendran, a veteran in telecom and tech strategy, and Allyn Condon, a decorated Olympian and advocate for sports science, had already made their mark as co-founders of the renowned Luxe Fitness gym chain. In India, Aditya Chhabra—a technologist and entrepreneur with a distinguished background in biomechanics, health tech, and published research on human body repositioning and personalization, alongside Priyanshi Tater, a human-centred design expert, had built CreateBytes, a pioneering AI-first design and engineering studio.

    Drawn together by a shared vision to make elite performance and rehabilitation tools accessible to everyone, the four founders merged their worlds—combining cutting-edge AI systems, sports science expertise, and proven business leadership—to create a platform that’s redefining human performance and health innovation.

    Introducing KRIGAT – An AI That Moves With You

    KRIGAT, derived from the Sanskrit words Kriya (action) and Gati (motion), is more than a product. It’s a powerful AI platform that reads human motion through any standard camera, offering real-time feedback and actionable insights with no wearables, sensors, or friction.

    Fully browser-based and device-agnostic, KRIGAT turns a laptop or smartphone into a digital physio or performance coach. It’s movement intelligence at your fingertips, accessible, scalable, and precise.

    Two Core Modules:

    KRIGAT Physio uses computer vision to analyse joint movement, posture, and alignment during physiotherapy routines. It offers clinically validated programs, tracks recovery progress, and provides real-time corrections via voice or text, making rehab truly interactive.

    KRIGAT PowerSports is tailored for athletes and coaches. It tracks performance metrics like power output, jump height, bar path, and limb symmetry giving elite-level feedback during workouts without the need for expensive hardware.

    Why It Matters – The Big Picture

    What sets KRIGAT apart is its deep commitment to access and impact. India, despite its fitness boom, faces a chronic shortage of qualified physiotherapists and movement specialists especially outside tier-one cities. KRIGAT bridges this gap by putting world-class diagnostics and guidance within reach, whether you’re in a metro clinic or a rural home.

    It’s already gaining traction in several sectors:

    • Gyms and Fitness Chains are using it to screen for injury risks and improve member outcomes.

    • Clinics and Hospitals are digitising their physiotherapy practices, enabling remote monitoring.

    • Sports Academies are giving young athletes tools previously reserved for elite professionals.

    • Corporates are embedding it in wellness programmes to reduce workplace injuries.

    • Seniors and Recovering Patients are benefiting from structured, at-home rehabilitation support.

    And because KRIGAT requires no app installation or hardware, it scales effortlessly from a single physiotherapist’s practice to national healthcare deployments.

    Built for Scale, Designed for People

    KRIGAT is a masterclass in human-centred AI. It leverages cutting-edge computer vision while maintaining an intuitive and inclusive experience. Whether you’re a first-time gym-goer or an Olympic coach, the interface is simple, the insights clear, and the outcomes measurable.

    And it’s only just beginning.

    The team at AltrixLabs is already building out the next phase of the product:

    • Native mobile apps for more seamless usage

    • Augmented reality overlays for deeper training support

    • Multilingual voice assistants to expand reach across India

    • Wearable integrations to capture richer biometric data

    “KRIGAT is our answer to making world-class movement health accessible for everyone, whether you’re a professional athlete or someone just beginning your fitness journey,” shares Priyanshi Tater.

    “After years competing at the highest level, I know firsthand the power of real-time feedback. With KRIGAT, that technology is finally in everyone’s hands,” says Aditya Chhabra.

    Priyanshi added, “We’re not just building a product; we’re creating a movement, a future where everyone moves better, recovers faster, and lives stronger.”

    In conclusion, KRIGAT marks a turning point in how we think about recovery, performance, and well-being. It turns motion into intelligence and feedback into empowerment. For a world that’s increasingly sedentary and injury-prone, it offers a proactive, data-driven path to better movement health.

    With its launch, AltrixLabs is making a bold statement: that intelligent healthcare isn’t a luxury, it’s a necessity, and it should be as accessible as it is advanced.

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  • Mehai Technology’s Rs. 74.11 crore Rights Issue concludes, oversubscribed by 143.6%

    Mehai Technology’s Rs. 74.11 crore Rights Issue concludes, oversubscribed by 143.6%

    Kolkata (West Bengal) [India], October 18: Mehai Technology Limited (BSE: 540730), a diversified company with interests spanning electronics trading, IT services, and EPC projects, has successfully completed its Rs. 74.11 crore Rights Issue. The issue received an overwhelming response from investors, achieving an oversubscription of 143.69%, reflecting strong confidence in the company’s vision and growth trajectory.

    The Rights Issue, which opened on September 26 and closed on October 17, offered 37.05 crore fully paid-up equity shares at an issue price of Rs. 2 per share. The Rights Entitlement ratio was 1:1. The attractive and investor-friendly pricing, along with the company’s clear commitment to shareholder value, were key factors driving the robust participation.

    Speaking on the completion of the Rights Issue, MR. Jugal Kishore Bhagat, managing Director of Mehai Technology Limited, said, “We are deeply grateful to our shareholders for their overwhelming response to the Rights Issue and continued faith in their company. Their support is a strong endorsement of our strategic direction and our efforts to create sustainable value. This fundraiser further strengthens our financial foundation and will enable us to drive future growth across our key businesses.”

    The funds raised through the Rights Issue will be utilised for repayment or prepayment of existing borrowings, working capital requirements, loans to subsidiary Mehai Aqua for repayment of bank borrowings, and general corporate purposes.

    Even though a Rights Issue does not require the formal appointment of a merchant banker, Mehai Technology appointed Finshore Management Services, one of the leading merchant bankers in the country, which played an instrumental advisory role in ensuring the process remained transparent and investor-centric.

    Mehai Technology’s shares closed at Rs. 7.44 on Friday. Its shares have traded between Rs. 5.66 and Rs. 19.25 in the last 52 weeks.

    Mehai Technology is engaged in the manufacturing of LED bulbs and fixtures, including moon light bulbs, tube lights, pen drives, and power banks. It is engaged in trading electronic products and also provides IT services such as software maintenance, PAN validation, and SMS analysis. It also operates in EPC and modernisation projects such as solar, electrical infrastructure, and construction.

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  • IEM-UEM Honours India’s Brightest Young Minds at SCNTSE 2025

    IEM-UEM Honours India’s Brightest Young Minds at SCNTSE 2025

    Kolkata (West Bengal) [India], October 17: The Institute of Engineering & Management (IEM) and the University of Engineering & Management (UEM) Group hosted the Dr Satyajit Chakrabarti National Talent Search Examination (SCNTSE-2025) Award Ceremony at the IEM Management House Auditorium in Kolkata, honouring some of the most brilliant young minds from across India.

    The national-level examination, exclusively for Class 12 students, was conducted in three rigorous stages — a preliminary MCQ test, a subjective written examination, and a project-based interview. Thousands of students from different parts of the country participated, showcasing their knowledge, innovation, and analytical abilities.

    The top ten students, comprising five boys and five girls, were awarded scholarships worth a total of ₹10,00,000, with each winner receiving ₹1,00,000 along with a Certificate of Excellence. The initiative reinforced IEM-UEM’s commitment to promoting equal opportunity and gender parity in science and technology education.

    Instituted in memory of the late Prof. (Dr.) Satyajit Chakrabarti, the visionary founder of the IEM-UEM Group, SCNTSE seeks to inspire curiosity, innovation, and problem-solving among India’s brightest school students. Dr Chakrabarti, an IIT Kharagpur alumnus and a pioneer of private engineering education in Eastern India, believed that education should drive national growth, creativity, and human progress.

    Delivering the keynote address, Dr Satyajit Chakrabarti, Director of the IEM-UEM Group, said,

    “SCNTSE-2025 represents our belief that every child has infinite potential. Through this platform, we identify, mentor, and celebrate the country’s brightest young minds — those who will one day lead India’s technological and scientific future.”

    Prof. Banani Chakrabarti, President of the IEM-UEM Group, shared her thoughts, saying,

    “The spirit of education lies in exploration and creativity. Dr Satyajit Chakrabarti envisioned an India where knowledge is the key to empowerment. Today, through SCNTSE, we carry forward his legacy by honouring students who embody that vision.”

    The event was attended by eminent academicians, senior faculty members, and proud parents who celebrated the achievements of the winners. Students expressed that the competition helped them think critically, apply theoretical concepts practically, and build confidence through expert mentorship.

    Dr Prabir Kumar Das, Head of the Department of Basic Science and Humanities at IEM and Controller of SCNTSE-2025, noted,

    “The purpose of SCNTSE goes beyond testing academic ability. It nurtures creativity, curiosity, and interdisciplinary learning — preparing students to contribute meaningfully to the nation’s future.”

    The ceremony also underlined the IEM-UEM Group’s long-standing contribution to higher education in India. Recognised by UGC, AICTE, NBA, and NAAC (A Grade) and globally certified by QS I-GAUGE (Gold Category), the Group consistently ranks among India’s leading private institutions.

    With a 100% placement record, a state-of-the-art 5G laboratory, a private cloud infrastructure, and 30 Centres of Excellence in emerging fields such as AI, robotics, and smart systems, IEM-UEM continues to push the frontiers of education. Its incubation centre has supported over 250 start-ups and helped secure 300 patents. Through Study Abroad Programmes in the USA, UK, Canada, Australia, and Singapore, the Group ensures global exposure for its students.

    As the ceremony concluded amidst applause and celebration, one message stood clear — education remains the strongest force shaping India’s future. Through SCNTSE-2025, the IEM-UEM Group reaffirmed its mission to nurture young innovators who will dream, discover, and drive the nation forward.

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