Author: Sutun Nayak

Thyrocare Q4FY25 Revenue Up 21 Percent YoY to Rs 187.2 Cr; PAT Rises 24 Percent to Rs 21.3 Cr

Navi Mumbai (Maharashtra) [India], April 24: Thyrocare Technologies Limited (hereinafter referred to as “Thyrocare” NSE: THYROCARE, BSE: 539871), a leading healthcare diagnostics company, announces their results for the quarter ended March 31, 2025. For Q4FY25, the company reported revenue from operations of INR 187.2 crore, reflecting a 21% year-over-year (YoY) growth. Normalized EBITDA for the quarter stood at INR 65.3 crore, marking a robust 78% YoY increase. Profit after tax (PAT), excluding exceptional items, reached INR 32.5 crore, which represents an impressive 88% YoY growth.Thyrocare Technologies Limited

Key highlights for Q4FY25:

Consolidated revenue increased by 21% year-over-year (YoY) with Pathology and Radiology segments growing by 23% YoY and 7% YoY respectively
Total volume in FY25 grew to 167.9 million, largest by far on volume
Revenue from franchise surged by 22% YoY, and partnership revenue saw 24% YoY growth
Consolidated gross margin stood at 74%, and normalized EBITDA margin was 35%
Standalone normalized EBITDA grew by 72% YoY, while PAT* increased by 72% YoY
Consolidated normalized EBITDA grew by 78% YoY, while PAT* increased by 88% YoY
Recommended a final dividend of INR 21 per equity share subject to the approval of shareholders at the ensuing shareholders meeting
Consolidated cash reserves as of March 2025 is INR 191.8 Cr
Opened new labs in Bhagalpur and Kashmir

Consolidated income statement for Q4FY25 and FY25:

	Quarter			Annual
INR Crore	Q4FY25	Q4FY24	YoY	FY25	FY24	YoY
Revenue from operations	187.2	154.2	21%	687.3	571.9	20%
Gross margin	137.7	107.6	28%	496.2	405.2	22%
Normalized EBITDA (before ESOP)	65.3	36.7	78%	209.9	153.1	37%
Reported EBITDA	57.4	33.8	70%	189.2	137.8	37%
Profit after tax incl. exceptional item	21.3	17.2	24%	90.0	69.8	29%
Profit after tax excl. exceptional item	32.5	17.2	88%	101.2	69.8	45%
Key metrics
Gross margin%	74%	70%		72%	71%
Normalized EBITDA%	35%	24%		31%	27%
Reported EBITDA%	31%	22%		28%	24%
PAT incl. exceptional item%	11%	11%		13%	12%
PAT excl. exceptional item%	17%	11%		14%	12%

* PAT excluding exceptional item of INR 11.2 Cr pertaining to reversal of deferred tax asset created in previous years against the impairment of investment in NHL.

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April 26, 2025

How to Secure Your Retirement Years with Mutual Funds?

New Delhi [India], April 26: Securing your retirement years needs proper planning right from a young age. By starting with a smaller investment in your 30s, you can create substantial wealth for your golden years. But what is one of the suitable ways to start investing with minimal amounts and accumulate wealth over the years? The answer is retirement mutual funds. In this blog, we’ll understand how you can plan for your retirement years with these funds and what factors to consider while selecting the retirement funds to invest for the long term.

What are Retirement Mutual Funds?

You must have heard of different types of mutual funds, like equity funds, liquid funds, and hybrid funds. But there are mutual funds that are tailor-made for retirement investment goals. Retirement funds are the type of solution-oriented mutual funds that have a minimum lock-in period of 5 years or can be redeemed earlier if you attain the retirement age.

These mutual funds are good for long-term investment purposes as your invested money grows with the power of compounding. The professional fund manager takes care of the collected money and smartly invests across stocks and bonds to create a balance between risk and return. In later years, the fund keeps its focus on capital preservation and shifts investments towards lower-risk assets such as bonds.

Once you achieve your retirement age, you can choose the option of regular payouts at fixed intervals, say monthly, helping you sail through your golden years without any financial burden.

Investing in retirement funds is very simple, like any other mutual fund. You can start investing through the monthly SIP of as low as ₹500 (or the lump sum mode) by opening a free demat account with SMC Global Securities.

How to Construct a Retirement Plan?

To build a solid investment plan for your retirement life, you need to first calculate how many years are left to turn to 60. If you are close to your retirement age, then you need to invest a higher amount and vice versa. Choose the monthly investment amount based on your current income and the expected amount you need after retirement.

Another important thing to consider while calculating the suitable retirement corpus is the expected inflation rate, as it is very important that your savings grow in line with inflation. Also, consider the expected returns you can get from the retirement funds before making an investment. Finally, do keep in mind your current monthly expenses and calculate how much you need in your old age to maintain the same standard of living.

Factors to Consider While Selecting Retirement Funds

Selecting the right retirement fund is very important so that you can create a required wealth within your risk-taking capacity. Here are 6 factors you need to consider before investing in a retirement fund:

Explore Different Types of Funds

Retirement funds are of different types based on their creation of an underlying portfolio of stocks and bonds. There are pure equity plans, aggressive hybrid plans, and conservative plans. Equity plans can provide high returns but at the cost of high risk, whereas hybrid ones can have a balanced portfolio with a moderate level of risk. To know the top retirement funds and stocks to invest now, you can explore the financial blogs on SMC Global Securities.

Know Your Goals and Risk Appetite

After understanding the different types of retirement funds, you need to select the one that matches your goals and risk tolerance. If you are near your retirement, then choosing a conservative plan is more appropriate to avoid excessive risk. If you are in your early 30s, then you can choose to invest in equity plans, as they can increase your investment amount many times.

Analyze the Past Performance of Fund

Before investing in a mutual fund, it is important to analyze the fund’s past returns generated in the last 5 or 10 years. Additionally, you also need to look at the fund’s key ratios, such as alpha, beta, and sharpe ratio to gauge the risk-adjusted health of the fund.

Consider Liquidity Before Investing

Retirement funds are subject to a 5-year lock-in period. So, always consider your financial position before making an investment decision. If you want to redeem your mutual funds at any time, you can also go with equity, hybrid, and debt funds to achieve your retirement goals and maintain the current liquidity.

Analyze the Cost of Investing

Evaluating the total cost of investing is very important as you have to invest for a long period. The higher investment cost can erode the returns and create a hurdle in your wealth-creation journey. So, you can consider a retirement fund with a low expense ratio to keep your redemption amount high.

Focus on Long-Term Investment Period

Though investment in retirement funds is locked in for 5 years, it paves the way for your long-term investment goals. For a substantial retirement corpus, you can consider investing in retirement funds for 10 years or more to achieve the benefit of compounding over the period.

Conclusion

Old age is considered a new phase of life, which needs to be relaxed and financially secure. The road to a happy retirement life stems from your young age, and you should make the right choices and continuously invest to grow your wealth. Retirement funds are one such instrument that can be part of your financial plans to benefit from expert-curated diversification and disciplined investing.

Disclaimer: This article is only for informational purposes and does not intend to advise or recommend any sort of investment or platform.

April 26, 2025
Wanhai Medical: Leading the Market with High-Quality Injection Pens
New Delhi [India], April 26: Amid the rising global prevalence of chronic diseases, the demand for injection pens, crucial self-administration devices, is growing at an unprecedented rate. Established for over ten years, Jiangsu Wanhai Medical Devices Co., Ltd. focuses on the research, production, and sales of various injection pen products. The company currently operates in a facility covering 12,000 square meters, with a new 36,000 square meter factory in the planning stages. With over 300 employees, including more than 50 in the R&D team and 12 in registration, Wanhai holds over 50 product patents and has received quality inspection reports from more than 30 third-party testing organizations. Its core product patents have undergone FTO searches by well-known patent agencies to ensure global sales without infringement risks. The company is capable of stable production of 90 million disposable and reusable injection pens annually. Recently, Wanhai completed a financing round with investment from a globally renowned institution. Following this funding, the company plans to expand its production base in Changzhou, aiming for an annual capacity of 400 million units with smart, automated production lines. With a vertically integrated industrial layout, high-quality products, rapid response times, and exceptional cost-performance ratio, Wanhai Medical has gained widespread recognition in both domestic and international markets. This article will delve into the secrets of Wanhai Medical’s success and showcase its exceptional capabilities.

Vertical Integration: Ensuring Quality and Efficiency from the Source

Wanhai Medical understands that to create a high-quality injection pen, it must start from the source. The company has established a complete industrial chain that encompasses mold design and manufacturing, injection molding, automated assembly, and testing, achieving a vertically integrated layout. This approach not only ensures smooth and efficient production processes but fundamentally guarantees product quality.

In mold design and manufacturing, Wanhai Medical utilizes advanced equipment such as the Japanese Makino CNC and Sodick EDM spark machines, ensuring accuracy and durability in its molds. For injection molding, the company operates nearly 70 high-end electric injection molding machines from brands like Sumitomo Demag and Sodick, along with sourcing raw materials from top global suppliers, laying a solid foundation for quality production.

On the automated assembly line, Wanhai employs fully automated assembly and testing equipment, significantly enhancing production efficiency and product stability. The company also features a Class 100,000 cleanroom, strictly adhering to dust-free operating procedures to ensure products remain uncontaminated during production, packaging, and transportation. These measures have enabled Wanhai Medical’s injection pen products to achieve high standards in accuracy, thrust, and stability.

High-Quality Products: Winning Market Reputation and Trust

High-quality products are the key to Wanhai Medical’s market reputation and trust.

Over the past decade, Wanhai Medical has consistently adhered to international standards and industry regulations, obtaining multiple authoritative certifications, including ISO 13485, CE certification, and domestic Class II medical device registration. The company is also equipped with high-precision testing equipment such as Hexagon coordinate measuring machines and Mitutoyo and Nikon image measuring instruments.

Efficient Response and Exceptional Cost-Performance Ratio: Meeting Diverse Market Demands

In today’s increasingly competitive market, efficient response and exceptional cost-performance have become crucial for companies to gain market share. With its vertically integrated industrial layout and strong production capabilities, Wanhai Medical can quickly respond to customer needs and provide customized, personalized solutions.

Additionally, through large-scale production and process optimization, the company continually reduces product costs, achieving an outstanding cost-performance ratio. This allows Wanhai Medical’s injection pen products（Insulin Pen, Semaglutide Pen, Tirzepatide Pen）to find the optimal balance between performance, cost, and service, meeting diverse market demands.

The company serves clients in over 60 countries and regions worldwide and has established long-term stable partnerships with internationally renowned enterprises such as Tonghua Dongbao and Biocon.

Production Process Standards

The production process standards can be referenced in the following quotation table:

Specifications and Models -WH-DE5

Unit Price (USD)-0.5

Production Process-

Raw Materials-Major Suppliers: Avient (USA), Celanese (USA), Polyplastics (Japan), Asahi Kasei (Japan)

Mold Processing-Main Equipment: Makino CNC (Japan), Sodick EDM spark machine (Japan), Sodick wire cut machine (Japan)

Mold Inspection

Main Equipment: Hexagon coordinate measuring machine

Injection Molding Production

Main Equipment: Sumitomo Demag (Japan), high-end imported electric injection molding machines from Sodick (Japan)

Assembly Process

Main Equipment: Intelligent fully automated assembly line

Assembly

Environment Cleanroom:

Class 100,000 cleanroom

Product Inspection

Main Equipment: Nikon image measuring instrument, high-precision analytical balances (Class 10,000 and Class 100,000)

Product Certification-
- TUV CE Certification
- ISO 13485 Certification
- NMPA Class II Medical Device Registration Certificate
- Production License and Business Filing Certificate
- National Drug Packaging Material Registration
- Successfully passed the FDA review process and obtained the Master File (DMF) registration number.
Remarks:

To ensure product quality and achieve global consistency standards, Wanhai Medical has implemented a vertically integrated industrial chain that encompasses mold design and manufacturing for injection pens, injection molding, automated assembly, and inspection.

Additionally, for major clients, the company has continuously reduced prices for specialized production over the past five years.

Through the tireless efforts of our team, our products have successfully passed the relevant review processes of the U.S. Food and Drug Administration (FDA) and have obtained the Master File (DMF) registration number. This achievement signifies that our products meet the stringent standards of quality, safety, and efficacy set by U.S. drug regulation.

Looking ahead, Wanhai Medical will continue to uphold the development philosophy of “customer-centric and quality-focused,” continuously innovating products, enhancing production capacity, and expanding both domestic and international markets. With its vertically integrated industrial layout, high-quality products, efficient response times, and exceptional cost-performance ratio, Wanhai Medical is confident in becoming a trusted injection pen brand for global biopharmaceutical companies and chronic disease patients, contributing further to the development of global healthcare.

Contact Information for Wanhai Medical:

Paul

luo@jswanhai.com

www.pen-injectors.com

Disclaimer: This is a sponsored article.The insights provided in this article are meant for informational purposes only. The website and its authors do not assume responsibility for any actions taken based on the information presented. Always consult your doctor before taking any step.
April 26, 2025
Dr. Deepika Krishna: Wellness Pioneer, Author and TEDx Speaker
Mumbai (Maharashtra) [India], April 26: In an era dominated by transient trends and superficial health fads, Dr. Deepika Krishna emerges as a formidable force — a rare confluence of intellect, intuition, and indomitable spirit. A doctor-turned-entrepreneur with an unwavering commitment to redefining the healthscape of modern India, Dr. Krishna is not merely a pioneer — she is a phenomenon unto herself.

As a premium strategic health coach and visionary founder, Dr. Krishna stands at the helm of two of India’s most revolutionary wellness ventures: Immunosciences, the nation’s first doctor-led nutraceutical brand anchored in scientific integrity and clean formulations; and L&B Clinics (Longevity & Beyond Clinics), where the future of precision-led longevity care and integrative medicine is not just imagined, but meticulously engineered.

Through her paradigm-shifting approach, Dr. Krishna empowers high-performing individuals — entrepreneurs, corporate titans, and relentless achievers — to break free from the cycle of symptomatic relief and embrace sustainable, root-cause healing.
- Her mission is at once audacious and elemental: to disrupt reactive healthcare and establish a wellness-first culture in India — one that is scientific, sustainable, and steeped in self-awareness.
A polymath with a purpose, Dr. Krishna’s literary debut, Health Cocktail, is an unflinching exposé that dismantles the smoke and mirrors of the wellness industry. With piercing clarity, she unveils the dangerous entanglement of misinformation, marketing manipulation, and malpractice that compromises consumer trust. A clarion call for discernment, the book is both a guide and a rebellion — equipping readers to make informed, empowered choices in a chaotic marketplace.

To deepen this journey inward, she authored the Wellness Journal — a refined tool for introspection, mindfulness, and daily ritual, designed to realign one’s health with one higher purpose. Her widely-followed Dr. D’s Podcast further amplifies her voice as she decodes complex wellness concepts into actionable strategies, inviting listeners into transformative conversations around health, resilience, and reinvention.

A TEDX Speaker, she is honoured with the Achievers Award for Trusted Name in Nutraceuticals & Wellness (2022), Dr. Krishna is not just lauded for her achievements — she is revered for her audacity to challenge convention and her finesse in replacing confusion with clarity.

_”True wellness isn’t a product you purchase — it’s a conscious rebellion against shortcuts, symptom-chasing, and superficial fixes. My mission is to bring people back to the roots of their health, through science, self-awareness, and sustainable strategy”_ Dr. Deepika Krishna.

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April 26, 2025
From Bihar to Delhi: How a 20-Year-Old is Redefining Gen Z Fashion with DU Wears

New Delhi [India], April 26: In the heart of India’s bustling student capital, Delhi University, a bold new fashion statement is emerging — and it’s being led by a 20-year-old boy from Patna, Bihar. Meet Mahboob Alam, the young visionary who, along with his friend and co-founder Pritpal Singh, is changing the way Gen Z dresses, one tee at a time.

Their venture, DU Wears, isn’t just another apparel line. It’s an exclusive fashion brand designed specifically for Delhi University students, capturing the bold, expressive, and unapologetic traits of Gen Z. From trendy graphic t-shirts, DU Wears is becoming the voice of the campus youth. And yes it’s live now at www.duwears.com

How One Idea Sparked a Movement

The story of DU Wears is the perfect example of how inspiration can strike at the most unexpected moments. It all began when Mahboob and Pritpal attended a workshop at IIT Roorkee. There, amidst all the tech talks and AI discussions, they noticed students confidently flaunting their college merchandise. Sweatshirts and tees that screamed pride and identity.

That visual stuck with them.

On their train ride back to Delhi, an idea started to take shape: Why doesn’t Delhi University, one of India’s most prestigious student hubs, have its own exclusive fashion brand? And more importantly, why not create a Gen Z-centric label that isn’t afraid to break the rules?

What started as a conversation soon turned into a mission.

A Journey Fueled by Hustle, Research, and Viral Content

Launching a fashion brand is no easy feat — especially for college students juggling academics and side hustles. It took over 1.5 months of intense research, from sourcing the perfect high-quality fabric from Ludhiana to negotiating with manufacturers who understood their vision.

“We didn’t want to compromise,” Mahboob recalls. “This wasn’t just about clothes; it was about identity, culture, and the Gen Z attitude.”

During this phase, the duo smartly decided to document their journey. They launched a 7-day social media series called ‘Building a Fashion Brand’, where they shared behind-the-scenes clips — from fabric selection to design trials and their first bulk order. The series unexpectedly blew up, garnering lakhs of views on Instagram.

It proved two things:

1. There’s a massive appetite for authentic, student-led brands.

2. Gen Z connects with stories, not just products.

Meet Mahboob Alam: The Boy Beyond Business

While DU Wears has been grabbing headlines, Mahboob Alam isn’t new to the limelight. A published author and youth entrepreneur, Mahboob penned the widely acclaimed book ‘Tangled Entangled GenZ’ — a deep dive into the complex, hyperconnected lives of today’s young adults.

In 2024, his work earned him the National Icon Award, recognizing his unique contribution to understanding Gen Z’s mindset in modern India.

When asked about what fuels his creativity and drive, Mahboob credits his schooling years at Radiant International School, Patna. “Our school gave equal importance to extracurricular activities,” he shares. “Whether it was debate, music, or sports we were encouraged to express ourselves, and that made all the difference.”

His passion? Building brands for Gen Z, by Gen Z. He firmly believes that no one understands this generation better than themselves.

Industry Experts Weigh In*

We reached out to Delhi University professor from Commerce Faculty, a mentor to several young students on campus, to get her take on the DU Wears phenomenon.

“It’s refreshing to see commerce students translating theory into action,” she says. “Startups like DU Wears give students real-world experience in brand building, financial management, and digital marketing. More than just a fashion label, it’s a movement that builds stage for other to do and learn but also keeping the studies in mind and not comprising on grades.

Professor adds, “If they stay consistent and continue evolving with market trends, DU Wears has the potential to scale up beyond DU, perhaps even turn into a national youth fashion brand.”

What’s Next for DU Wears?

While the brand currently offers exclusive, limited-edition drops for DU students, Mahboob and Pritpal have bigger plans. They’re eyeing expansions into other universities, collaborations with influencers, and launching merch for upcoming college fests across Delhi NCR.

Their vision is simple yet powerful: Make DU Wears the fashion voice of India’s college students.

Why This Story Matters

In a world saturated with mass-market brands, DU Wears stands out for its authenticity, purpose, and grassroots energy. It’s not backed by celebrity endorsements or giant marketing budgets. Instead, it’s driven by two young dreamers who dared to challenge the status quo.

And if their story proves anything, it’s that your next big idea could be sitting in your college cafeteria or a late-night hostel conversation. All it takes is the courage to chase it.

Check out DU Wears today at

Follow their journey on Instagram du_wears

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April 26, 2025
India’s First Bluetooth Silent Fashion Show by Manidhari Silk Mills, Designed by IDT, Debuts at CMAI FAB Show

Mumbai (Maharashtra) [India], April 26: In a remarkable blend of innovation and sensitivity, the CMAI FAB Show 2025 at Nesco, Mumbai, introduced India’s first-ever Bluetooth Silent Fashion Show, presented by Manidhari Silk Mills and creatively designed by the Institute of Design and Technology (IDT).

This groundbreaking concept offered a noise-free yet immersive fashion experience, where attendees tuned into the runway presentation via Bluetooth headphones. The initiative ensured that the vibrant energy of fashion did not interfere with the ongoing exhibitions, creating a calm and respectful environment for all.

The visionary behind this concept was CMAI FAB Show Chairman Shri Navinji Senani, who inspired the idea of executing a noise-free fashion showcase that would preserve the atmosphere for exhibitors and enrich the audience experience.

The show was beautifully choreographed by the renowned Mr. Shakir Shaikh, whose artistic direction brought elegance and emotion to every step on the runway. His choreography made the silent format come alive with powerful storytelling.

A key figure in bringing this idea to life was Mr. Ajoy Bhattacharya, Regional Chairman, who guided the team from inception to execution. His leadership and continuous support played a vital role in the success of this pioneering event.

The spotlight of the show was a soldier-inspired collection by Himani Agrawal, a designer from IDT, crafted using fabrics by Manidhari Silk Mills. Her powerful designs blended emotional storytelling with technical finesse, earning admiration from all who witnessed it.

Mr. Divyesh Gulechha, promoter of Manidhari Silk Mills, expressed his happiness and pride in being part of this groundbreaking initiative. He appreciated the thoughtful execution and the lasting impact it created on both fashion and minds.

Presented in collaboration with exhibitors across the venue, the show received overwhelming appreciation from industry professionals and attendees. Guests with headphones enjoyed a synchronized audio-visual journey, while even those without them found the visuals on the runway deeply captivating.

This silent fashion show is a shining example of how fashion, technology, and empathy can converge to create experiences that are innovative, respectful, and unforgettable.

April 26, 2025
Mr. Madan Mohan Mohanka Honoured with Lifetime Achievement Award at CMA Management Excellence Awards 2025

Kolkata (West Bengal) [India], April 26: Mr. Madan Mohan Mohanka, Chairman of TEGA Industries, was conferred the Lifetime Achievement Award at the prestigious CMA Management Excellence Awards 2025 in association with The Telegraph.

In recognition of his visionary leadership, transformative contributions to the Indian manufacturing sector, and his lifelong commitment to excellence in management, Mr Madan Mohan Mohanka was honoured with this award.

The Lifetime Achievement Award was presented to Mr. Madan Mohanka by Mr Indranil Banerjee, Vice President, Calcutta Management Association & Mr Sidhartha Roy, former President, Calcutta Management Association and CEO of Response India.

Organized annually by the Calcutta Management Association (CMA)—an affiliate of the All India Management Association (AIMA)—the CMA Management Excellence Awards celebrate exemplary contributions in the field of management across various categories including Business Leadership, Corporate Leadership, Innovation Excellence, Emerging Leader, Public Service, and Lifetime Achievement.

Speaking at the event, CMA dignitaries highlighted Mr. Mohanka’s pivotal role in building TEGA into a world leader in specialized industrial products, with a presence in over 70 countries. His journey as the founder and chairman of TEGA Industries is an inspiring story of entrepreneurial foresight, global expansion, and a values-driven business ethos.

In his speech to the audience, Mr Mohanka emphasized that The Calcutta Management Association (CMA) has a unique opportunity to drive real change by focusing more actively on empowering women through management education and inclusive workplace practices.

He said : “ While CMA’s work with corporate managers is commendable, it’s equally important to reach young women—especially those in high school and early college—who have little exposure to the world of management. Introducing them to leadership concepts through relatable stories and films can spark early interest and confidence. At the same time, true inclusion goes beyond employment. With caregiving still disproportionately falling on women, workplaces must offer support systems like professionally-run childcare facilities for children aged 1 to 12. This ensures women can grow professionally without compromising family responsibilities. Studies show that when women are part of the decision-making process, outcomes improve—thanks to their collaborative approach, long-term thinking, and emotional intelligence. Gender diversity, then, isn’t just about fairness; it’s about smarter, more effective leadership. CMA can champion this change—helping women become not just managers, but transformative leaders.”

Mr. Mohanka’s early education began in a ‘pathshala’ with a tin shed and a mud floor with just two teachers. Through his hard work and grit, he gained a degree in Civil Engineering from Birla Institute of Technology, Mesra and is from the 1967 MBA batch from Indian Institute of Management Ahmedabad. IIM A also conferred upon him the Distinguished Alumnus Award on the occasion of the Golden Jubilee Celebrations of the Institute.

His contribution to Management education has been beneficial to students across generations. Mr Mohanka has shared 15 case studies for teaching at IIM Ahmedabad and it is of great pride to note that 7 have been accepted by Harvard Business School. He has also been instrumental in establishing a Case Centre in IIM Ahmedabad for promoting management writing , research and teaching methodologies.

In 2023, A biography on Mr Mohanka’s life ‘I Did What I Had To Do’ by Anjana Dutt was released by Shri Narayana Murthy and Mr Mohanka has also authored a book on his mentor Professor Extraordinaire on his guru and teacher Prof V L Mote, a venerable acamadecian at IIM Ahmedabad.

Mr. Mohanka expressed his heartfelt gratitude to CMA for the honour, dedicating the recognition to his team at TEGA, his mentors, and his family. He spoke about the evolving role of leadership in today’s dynamic business environment and emphasized the importance of innovation, resilience, and values in building institutions that last.

The evening brought together leading names from industry, academia, and the management fraternity, reinforcing CMA’s commitment to fostering excellence and thought leadership in management practices across the region.

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April 26, 2025
Reliance Industries Rewards Investors with ₹5.50 Dividend for FY25, Unveils Bold ₹25,000 Cr Fundraising Plan

RIL Dividend 2025: Reliance Industries Limited (RIL) has formally proposed a dividend of ₹5.50 per share for the fiscal period FY2024–25, showcasing its unwavering commitment to enhancing shareholder value. Furthermore, the corporation has announced plans to raise up to ₹25,000 crore through non-convertible debentures, indicative of its strategic financial flexibility.

The Reliance Industries dividend, which requires shareholders’ approval, is set to be distributed after the upcoming Annual General Meeting.

RIL’s board has graciously approved the issuance of debentures, aiming to strengthen its balance sheet and support sustainable business expansion. This thoughtful move reflects the company’s ongoing commitment to disciplined capital management and a long-term vision for growth.

Reliance Industries Limited reported a commendable performance for the fourth quarter, with a net profit (pre-minority interests) reflecting an increase of 6.4% year-on-year, driven by its digital and retail sectors. The net profit attributable to the shareholders rose by 2.4% to ₹19,407 crore, surpassing market expectations of ₹18,820 crore. Despite a lacklustre performance in the energy sector, the substantial contributions from Jio and Reliance Retail reaffirmed the group’s diversified resilience.

This dividend announcement highlights how RIL is committed to its strategy, ensuring clear financial stewardship, and demonstrates confidence in its growth journey. The planned fundraising through debentures reflects the group’s dedication to maintaining consistency and transparency in its capital planning—truly an aspect of its operational excellence!

#Reliance | Reliance Industries Limited has named Anant M. Ambani, youngest son of Chairman Mukesh Ambani, as a whole time Director for a five-year term starting 1st May, 2025@KaveriGupta3 | #AnantAmbani #MukeshAmbani #RelianceIndustries pic.twitter.com/g1P9g2r02Y

— News18 (@CNNnews18) April 26, 2025

Investors and market observers await further information regarding the Annual General Meeting (AGM) and the timeline for the dividend, which will be communicated in due course.

As the highest-valued company in India continues to expand in key sectors, this news reinforces its commitment to shareholder returns, trust, and long-term alignment with the country’s growth.

More news: PNN Digital – News

April 26, 2025
UDAN Scheme Soars High: Celebrating 8 Years of Revolutionary Air Connectivity in India

New Delhi [India], April 26: The aviation sector of India has experienced a significant transformation, propelled by the UDAN scheme—Ude Desh ka Aam Nagrik. Launched in 2016, this initiative was designed to democratise aviation, thereby making air travel accessible to the general populace, which was previously considered a luxury.

As the UDAN Scheme commemorates eight groundbreaking years, it stands as a testament to inclusive growth, linking tier-2 and tier-3 towns through affordable air travel.

With 625 routes in service and 90 airports, including heliports and water aerodromes, UDAN has carried over 1.49 crore passengers, making travel more accessible than ever for our citizens! This initiative has truly kickstarted development in areas that were previously unconnected. At the heart of this remarkable scheme is its Viability Gap Funding model, supported by a wonderful teamwork among the central government, state governments, and airport operators.

“Aviation was once considered the domain of a select few, but that has changed now with the advent of UDAN. My dream is to see a person who wears a ‘hawai chappal’ to fly on the ‘hawai jahaz’.”

– Prime Minister, Shri Narendra Modi

Projects such as UDAN Yatri Cafes, seaplane operations, and the Krishi UDAN scheme for farmers exemplify the dynamic and citizen-centric nature of the initiative. The revamped UDAN program is, however, poised to introduce 120 new destinations with a target of 40 million new passengers, emphasising a particular focus on aspirational districts as well as the North-East region of India.

UDAN isn’t just about aviation—it’s really about our trust in the government, a clear vision for the future, and aligning with what citizens hope for. It emphasises discipline, focus, and a commitment to continuity, ensuring that every single Indian is taken care of, even when soaring at 30,000 feet!

As India rises, so do its people—one flight at a time.

More news: PNN Digital – News

April 26, 2025
Income Tax Athletes from India Secure Gold in USA Open 2025, Las Vegas

New Delhi [India], April 25: Income Tax Sports & Recreation Club (ITS&RC), is proudly celebrating the moment as its winning athletes, Ms. Deepika Dhiman & Mr. Aniket Gupta, secured gold medals at the prestigious USA Open 2025 International Karate Championship, which was held at Hotel Paris, Las Vegas beginning from April 16th to 20th.

Both Deepika & Aniket, accomplished team members of the Senior Indian National Karate Team as well as employed by the Income Tax Department, Ministry of Finance, showcased seamless technical expertise alongside exceptional teamwork in the Advanced-Team Kata Division. The performance not only ensured topmost podium position but also scribed their fifth gold medal win in the tally of the USA Open, and previous feats achieved in 2015, 2018, 2019, 2022, and the present one in 2025. The win benchmarked an extraordinary testament to their consist efforts, perseverance, as well as exceptional elite skillset.

Both of them represent the ‘Karate India Organisation (KIO)’, and ‘Xtreme Martial Arts India’, XMA Academy, wherein they exemplified highest standards of sportsmanship in communion with technical expertise. These achievements of the duo highlight the emerging & uprising stature of Indian athletes in the international karate arena displaying the vital role played by institutional support to help nurture sporting talent across the country.

This year’s event for the USA Open was organized by ‘USA National Karate Federation’, in association with ‘United States Olympic Committee’, & it drew over 3,500 participants across 35 countries, which made it one of the largest, most competitive & acknowledged karate events throughout the world.

The championship embraced a range of events including Kata, Kumite & Team divisions that didn’t just aid promoting international level sport competition but also boosted cultural exchange as well as unity amongst martial arts professionals & experts from diverse nationalities & backgrounds.

ITS&RC extended heartiest congratulations to Deepika and Aniket for the outstanding feat & acknowledged vital support of the team members including coaches, mentors, family members, KIO, XMA & the Department of Income Tax. Their endeavors underscore & emphasize the synergy of discipline & training along with unwavering commitment. The enthusiasm & encouragement rendered through institutional level in achieving such kind of sporting excellence is impeccable.

Both Deepika Dhiman & Aniket Gupta, are committed to furthering Indian representation at international sporting events in order to inspire the upcoming generations of martial artists across the globe. Their triumph of clinching gold at the USA Open 2025, isn’t just a personal achievement but a proud moment for all Indian karate fans. It showcases India’s growing prominence in the sphere of martial arts as a sport.

For any kind of media inquiries or further info, please contact Nilofar Khan, Cultural Secretary, Income Tax Sports & Recreation Club.

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April 26, 2025