Category: Business

Ahmedabad (Gujarat) [India], April 28: Shree Maruti Integrated Logistics (SMILe), a global multimodal logistics company, proudly announces the launch of VayuQuickPRO (guaranteed delivery by 12 Noon) & VayuQuick (guaranteed delivery by 2 PM), expanding its popular Next Day Delivery (NDD) portfolio. Backed by cutting-edge technology and robust delivery network, this launch marks another leap forward in SMILe’s commitment to redefining time-sensitive logistics for both businesses and individual customers.

In the initial phase, both services will be available in Mumbai, Delhi, and Ahmedabad covering over 1000 pin codes with plans to expand to additional cities in subsequent phases.

What sets these services apart? The Money Back Assurance now comes standard with both services; if delivery timelines aren’t met, customers get a refund as per defined terms and conditions.

Building on the strong performance of its well-established Fast Track service, the VayuQuickPRO range addresses the critical need for ultra-fast, time-committed delivery for documents and parcels. These services are specifically designed for customers who simply cannot afford to wait 24 hours; offering guaranteed delivery the very next day, by a committed hour.

“VayuQuickPRO and VayuQuick are built for the new-age customer; professionals, legal firms, healthcare providers, and e-commerce players who operate on tight deadlines and cannot risk delays. These services offer speed with certainty. We’ve listened closely to customers’ needs, and this launch is a direct response to those demands”, said Vikas Singh, COO, SMILe.

Customers can now choose between two premium options based on urgency:

• VayuQuickPRO: Guaranteed delivery by 12 Noon the next day.

• VayuQuick: Guaranteed delivery by 2 PM the next day.

“At SMILe, we believe time is the new currency. Our vision is to elevate the experience of time-bound deliveries in India. With VayuQuickPRO and VayuQuick, we expect a significant uptake among high-value clients who rely on delivery precision to drive business outcomes. It’s more than speed; it’s about keeping promises. The Money Back Assurance makes that promise stronger than ever”, said Ajay Mokariya, Managing Director, SMILe.

The launch of these services underlines SMILe’s position as an industry leader in customer-centric innovation and furthers its mission to make express logistics more predictable, accessible, and performance-driven.

About Shree Maruti Integrated Logistics (SMILe)

With a 40-year legacy, SMILe is one of India’s leading logistics and supply chain companies, known for its expertise in courier, express delivery, eCommerce delivery, Cold chain solutions, and tailored warehousing & logistics services. With a strong footprint across the country and a reputation for reliability, SMILe continues to push boundaries to serve the evolving needs of Indian customers.

For media inquiries, please contact:

deependra.gupta@shreemaruti.com

www.shreemaruti.com

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New Delhi [India], April 28: Acknowledgement is crucial for empowering growth and pushing innovation in the business world. The Global Icon Award – 2025 by the Corporate Connect Magazine continues the tradition of celebrating the spirit and achievements of entrepreneurs. This award will once again focus on honouring the significant contributions and innovations of entrepreneurs across diverse industries.

Corporate Connect presents this award in collaboration with Business Outline and Entrepreneur Outlook, aims to acknowledge and appreciate the visionary entrepreneurs and brands who have made a profound impact on their industries. This recognition is a testament to their dedication, expertise and excellence.

Join us in this inspiring endeavour. Let’s celebrate together the visionaries and their business ventures who have achieved excellence and inspired others with their success stories. Explore the list of trailblazers and companies that will be honoured with the Global Icon Awards – 2025:

MarketStar

Keith Titus – President & CEO

Impact Recognition: Globally Renowned Brand For Sales & Marketing Solutions 2025

MarketStar is a world-class sales and revenue generation outsourced sales partner, capable and enabled to deliver consistent & exceptional revenue for B2B companies globally. Utilizing a blend of voice, digital, and field engagements, MarketStar has launched, sold, and supported thousands of products and services on behalf of the biggest and most innovative companies across the globe.

Gravity Clouds

Deep Banerjee – Founder & Tech Lead

Excellence in Salesforce Development & Implementation 2025

Based in Jamshedpur, Gravity Clouds is a prominent Salesforce development and Consulting firm. The company is renowned for offering excellent Salesforce implementation services to businesses in diverse industry verticals. It offers a wide range of services including from initial consultation and assessment to custom development, integration, data migration, training and ongoing support.

Magic Billion

Business Elite Award-2025

Aditi Banerjee – Co-Founder & CEO

Founded in 2018, Magic Billion is revolutionizing global talent mobility by connecting Indian professionals with international career opportunities. It is the brainchild of Basab Banerjee and Aditi Banerjee, a father-daughter duo, aiming to make global employment accessible for Indian talent. The company has facilitated 3,600+ job placements across 10+ nations so far.

Mindspace Outsourcing Services Pvt. Ltd.

Kshitij Jain and Manish Jindal – Director & Co-Founder

Impact Recognition: Globally Acclaimed BPO For Finance & Accounting 2025

Mindspace Outsourcing with Kshitij Jain and Manish Jindal at the helm, offers a wide range of accounting and bookkeeping services across the world. The company has a dedicated team of highly skilled and qualified professionals who strive to maintain high-quality standards for each work and ensure to meet every business need.

BIOLINKK

Rajiv Kapoor & Cheshta Kapoor – Partners

Impact Recognition: The Most Acclaimed Biotechnology Company – 2025

Established in 2007, BIOLINKK is a biotechnology company offering innovative solutions for healthcare, agriculture, and environmental science. The company’s research-driven approach focuses on crafting innovative products and services that enhance lives and promote sustainability. With Rajiv Kapoor & Cheshta Kapoor at the helm, BIOLINKK empower biotech advancements and foster growth.

Aromen Group of Companies

Dr. Narayanan R Menon – Managing Director

Impact Manufacturing Recognition: Visionary Entrepreneur of the Year 2024-25

Aromen Group of Companies is a diversified conglomerate, offering the best engineering solutions. Under Dr Narayanan’s direction, the company specialises in engineering, project management and consultancy services across diverse industries. Its goal is to create a revolution in engineering consultancy through innovation and cutting-edge technologies.

Velocitta India

Samarth Singh – Director, Bharat Kulkarni – Founder & Director

Impact Recognition: Most Renowned Employer Branding Agency 2025

Velocitta India is a leading Brand Consulting agency with over 16 years of experience, widely recognized for its expertise in Employer Branding (EB) services. Their EB services encompass consulting for EVP development, Office branding, Campus engagement, EB Social Media marketing, Internal communication, Employee engagement and recruitment marketing. By leveraging authentic stories and data-driven strategies, Velocitta has successfully enhanced the Employer Brands of numerous Fortune 500 companies, positioning them as Employers of choice in competitive markets.

Adapt Motors Private Limited

Bharath Mamidoju – Founder

Impact Recognition: The Most Renowned Company For Sustainable Innovation in Electric Mobility 2025

A leading name in India’s EV marketing, Adapt Motors Private Limited is creating a revolution in transportation through its innovative electronic vehicles. The company offers a range of electric vehicles with advanced designs, tailored to meet diverse needs. It envisions harnessing the talents of the youth to contribute towards a sustainable future.

Toughcons Nirman Pvt. Ltd.

Nayan Dedhia – Managing Director, Jayant Gaitonde -Founder

Uday Kanadia – Director, Nupur Gaitonde – CEO

Leading Redevelopment PMC Firm 2025

The profession consulting organisation, Toughcons Nirman is widely known for serving in project management for redevelopment works and specialising in Society Redevelopment. Envisioned to be the pioneer as project management consultant (PMC) in real estate across the Maha Mumbai region, the company offers an umbrella of all the required services from a single point contact source.

Nivesh Jain – CMO

Award category: Global CMO of the Year – Ecommerce & Startups

Nivesh Jain is a seasoned professional and visionary leader in digital marketing. He is highly skilled in business model overhaul, turnaround strategies, and profit maximisation. Nivesh is renowned for aligning performance marketing with digital sales targets and boosting content marketing to enhance brand salience. His years of experience and in-depth marketing knowledge make Nivesh a remarkable marketing professional.

Sonali’s Consumer Products Limited

Sonali Kocharekar – Founder & CMD

Impact Recognition: The Most Innovative Woman Leader in Food & Farming 2025

Sonali’s Consumer Products Limited (SCPL) is transforming the Indian agricultural landscape by empowering local farmers and promoting sustainable agro-practices. Committed to delivering farm-to-fork goodness, SCPL integrates traditional farming wisdom with modern organic techniques. The company is on a mission to make its premium agro-based products accessible not only in urban markets but also across rural and underserved regions of India—encouraging healthy lifestyles rooted in clean, guilt-free food sourced directly from the heart of Indian farms.

Athena Powertech LLP

Vasant Patel – Founder & CEO

Emerging Company Of The Year-2025

Based out of Vadodara, Gujarat, India, Athena Powertech LLP (APTL) is a leading name in pipeline integrity and inline inspection. With advanced Geometry tools, advanced Intelligent Pigs, Athena is the preferred service provider for Geometry inspection, intelligent pigging, pipeline cleaning pigging, and more. Under the leadership of Vasant Patel, the company aims to provide innovative solutions to customers for their pipeline integrity needs.

Webcap Technology

Award Category: Best Digital Marketing Agency of the Year 2025

Webcap Technology is a premier digital marketing agency with a distinguished global footprint, seamlessly bridging innovation and performance worldwide with operations in India and the UAE. Renowned for delivering results that exceed expectations, Webcap offers a full spectrum of high-impact services — including advanced SEO, precision-driven Google Ads, strategic social media marketing, cutting-edge web and graphic design, premium branding solutions, and scalable lead generation.

With a client-centric approach and an unwavering commitment to excellence, Webcap Technology is the trusted partner for businesses seeking to elevate their digital presence and drive sustainable growth in an increasingly competitive digital vertical.

Ajeenkya D Y Patil Group

India’s Most Promising Educational Institution to Watch in 2025

Ajeenkya D Y Patil Group, a legacy institution dedicated to shaping the future of India through education, healthcare, and innovation. Founded in 1983 by Padmashree Dr. D. Y. Patil and now led by Dr. Ajeenkya D. Y. Patil, the group has grown into a powerful force with over 200 institutions and five universities that touch millions of lives.

At its heart, ADYPG is about nurturing potential—whether it’s through world-class education, cutting-edge healthcare, or bold ventures in media and technology.

With a strong commitment to progress and social impact, the group continues to build a future where excellence, accessibility, and compassion go hand in hand.

Kisco Castings India Limited

Kuldeep Goel – Chairman & Raghav Goel – Director

Most Trusted Steel Manufacturer of the year 2024-25

Established in 1992, Kisco Steel is India’s leading alloy steel manufacturer with a state-of-the-art 450,000 sq. ft. facility and a team of 500+ professionals. Renowned for quality and reliability, Kisco has delivered over 690,000 tonnes of steel across seven countries. Its commitment to innovation, global standards, and customer trust has earned Kisco the prestigious Global Icon Award, recognizing its role in shaping the future of steel manufacturing on the world stage by providing reliable products that last for generations.

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New Delhi [India], April 28: In a bold move to enhance the travel experience for its customers, Akbar Travels is excited to announce the upcoming launch of its revamped website and upgraded mobile app. With a fresh, modern design and an array of innovative features, the new platform is designed to offer travelers an unparalleled, user-friendly experience for booking flights, hotels, holidays, visas, car rentals, and more.

“This major upgrade is aimed at meeting the evolving needs of today’s travelers. We are excited to offer an experience that makes booking quicker, easier, and more convenient. It will take trip planning to a whole new level,” says Nikhil Krishnan, CEO of Akbar Travels.

Cutting-Edge Technology for a Personalized Experience

At Akbar Travels, technology is at the heart of everything they do. The revamped website and app feature cutting-edge AI and machine learning technology that tailors the travel experience to each user. By analyzing your preferences, previous bookings, and trending destinations, the platform will allow users to quickly search, compare, and book flights; reserve hotels; apply for a visa online; and customize holiday packages with greater speed and precision. The new platform integrates the latest technology to ensure that you enjoy faster loading times, instant flight search results, and quicker payment options—all aimed at saving your time. In fact, booking with Akbar Travels is now faster than ever, with fewer steps and a more responsive interface that caters to your needs in real time.

Optimized Mobile Experience

With mobile usage continuing to rise, Akbar Travels has ensured that the revamped app is optimized for on-the-go bookings and a responsive design for seamless use across all devices.

Your Digital Travel Assistant: Sky—The 24/7 Chatbot

One of the standout features of Akbar Travels’ App is Sky, an intelligent, AI-powered chatbot that will be available 24/7 to assist travelers with their queries. Whether you’re looking for flight availability, booking updates, cancellation status, special offers, or general travel information, Sky is ready to provide instant, accurate responses and guidance in real-time. Sky’s ability to answer your questions, offer personalized recommendations, and handle simple requests means that you can get the help you need, whenever you need it, without waiting on hold or navigating complicated menus.

You can easily download the Akbar Travels App by searching for “Akbar Travels” in the App Store or Play Store. Once installed, don’t forget to enable push notifications to receive exclusive weekly travel offer alerts right on your device.

Exclusive Travel Deals & Discounts

Akbar Travels is committed to bringing travelers the best deals in the market. As part of the website and App revamp, users will gain access to exclusive weekly offers, discounts, and travel deals that can’t be found elsewhere. These special deals are available across flights, hotels, and other services, allowing you to save money while enjoying your trip.

Furthermore, Akbar Travels has partnered with top-tier airlines, hotel chains, and vendors to offer exclusive bundles and discounted rates for its users, making travel affordable for all. These deals are carefully curated to cater to a wide range of budgets and preferences, ensuring that everyone can find the perfect travel options at the best possible prices.

What’s Next?

We’re not just stopping here! This revamp is only the beginning. We’re committed to continually improving our platform to make your travel experiences even better.

For more information, please visit: http://akbartravels.com/

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New Delhi [India], April 28: HROne, one of India’s fastest-growing HRMS platforms, today announced the launch of the One AI Suite-a next-generation suite of AI-powered capabilities that allows users to complete HR tasks through simple voice or chat prompts, similar to the experience of using ChatGPT or other generative AI tools.

From leave applications to reimbursement claims, One AI eliminates the need for forms or step-by-step navigation. This launch marks a major milestone in HROne’s product evolution and establishes the company’s leadership in a new category: Execution-First AI – Powered HRMS where software doesn’t assist, it acts.

The Simplest HRMS for the Most Complex Operations—Now Reinvented with AI at the Core 

At the heart of the One AI Suite is the Employee AI Agent—a GPT-style, voice powered task companion that executes tasks instantly. Employees can now close everyday requests such as applying for leave, regularizing attendance, or raising helpdesk tickets and get them done instantly.

Complementing the agent are powerful AI features like the Resume Parser, which auto-fills forms from uploaded resume in seconds; the receipt Parser, which processes and populates reimbursement reports with zero manual effort; and a growing set of features including smart job post generation, profile creation, and more. Each feature eliminates unnecessary steps, reduces manual load, and accelerates outcomes across the employee lifecycle.

“With One AI, we’re eliminating the barriers that complicate HR. One AI strengthens our vision of making HROne the simplest HR software for even the most complex operations. By putting the power of AI into everyday actions, we’re creating a platform that adapts to people—not the other way around.”

HR leaders today striving for balance amid rising attrition, leaner teams, and growing expectations from business leadership to deliver measurable outcomes. At the same time, employees are struggling with outdated systems and expect workplace tools to work like the apps they use every day—instant, intuitive, and effortless.

One AI is built for this exact moment.

It reimagines how people interact with HR-moving from rigid process flows to natural prompts. Employees don’t need to “figure it out”- they simply say what they need, and the task gets done.

This launch is about driving real outcomes. By removing friction from every interaction, One AI enables faster adoption, increases employee engagement, and significantly reduces the manual burden on HR teams and employees. Most importantly, it represents a new standard: a system that adapts to people—not the other way around.

One AI Marks the Shift from Process-Heavy to Prompt-Led Execution

While legacy HRMS platforms still rely on users to do the heavy lifting—navigating interfaces and chasing approvals. In contrast, One AI is built to act. It completes tasks instantly, removing the need for forms, menus, or system training altogether.

“When we started building HROne, our goal was to make HR effortless. For years, we cleaned up workflows, reduced clicks, and automated what we could. But we kept asking ourselves: why should applying for leave still take 5 steps? Why should HR software still need explaining?

With AI Agent, we’ve answered that question as it listens, understands, and acts. One chat or voice prompt—and the task is done. This is a shift in how HR tech works and how it should have always worked. This is for every HR team ready to move from processes to outcomes.”

One AI: A Strategic Leap in HROne’s Growth Story 

This launch positions HROne to deepen its leadership in the HR tech marketplace, while also unlocking new conversations with enterprise buyers seeking future-ready tools. As adoption accelerates, One AI is set to become the default way HR happens—faster, simpler, and without any chaos.

The product roadmap ahead includes a dedicated HR AI Agent, query bot for policy resolution, and exploratory data analytics, all focused on one thing: making HR execution as convenient as conversation.

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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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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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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

New Delhi [India], April 24: Cisco, in partnership with Nasscom Foundation, felicitated ten winning student-led start-ups from the 7th cohort of its CSR initiative, thingQbator, at the Neovation 2025 event. Chosen from over 1,367 submissions through a rigorous shortlisting process, these promising teams have turned their innovative ideas into working prototypes and scalable ventures. The event also brought together a distinguished panel of corporates, thought leaders, academia, and industry experts to felicitate innovations aimed at addressing critical societal challenges in areas like healthcare, waste management, transportation, household IoT, and public infrastructure.

• An initiative designed to spark innovation and cultivate an entrepreneurial mindset among students through relevant technologies
• The program, now in its 7th cohort, had a participation of 3734 young students, with the top 10 teams receiving INR 5 lakh each in seed funding at the felicitation event

Designed to empower young innovators, thingQbator provides a platform where college students across the country, especially in tier 2 and tier 3 cities are mentored to turn their ideas into prototypes and viable businesses. This virtual maker space program, held at various partner universities, offers students hands-on experience with digital technologies. It enables them to transform their ideas into working prototypes and devise localized solutions to community problems.

A total of 3,734 students participated in cohort 7 across India, showcasing a strong spirit of innovation. All 1,367 ideas progressed to the ideation stage, reflecting the creative depth across campuses. From these, 125 teams comprising 343 students advanced to the prototyping stage, receiving dedicated mentorship. With 1,233 mentoring hours delivered, students refined their ideas into impactful, tech-driven solutions addressing real-world challenges.

Harish Krishnan, Managing Director and Chief Policy Officer, Cisco India and SAARC, said, “India’s innovation landscape is at an inflexion point, driven by the convergence of technology and purpose. The future of social innovation here holds immense promise—and at Cisco, our purpose of powering an inclusive future for all is deeply aligned with this vision.. We take immense pride in supporting this transformation through initiatives like thingQbator, which provides students with the tools, mentorship, and platform to turn bold ideas into scalable solutions. Through programs like this, we aim to nurture ideas by empowering young innovators. I am very proud of the innovations showcased by the winning teams today and extremely excited at the prospect of their success as they step forward to solve real-world problems using technology and purpose.”

Jyoti Sharma, CEO, Nasscom Foundation, commented, “India is witnessing a remarkable surge in innovation, driven by the passion and creativity of the young minds. Through our continued partnership with Cisco, initiatives like thingQbator are not just nurturing ideas but shaping future entrepreneurs who are committed to building impactful solutions for real-world challenges. It is truly inspiring to see how student-led innovations are translating into scalable ventures, reinforcing the belief that with the right guidance and opportunities, our youth can lead the charge in shaping a better, more inclusive future.”

The top 10 teams with the best solutions felicitated at the Neovation 2025 include:

• Ad Aqua (Surendranath College, Kolkata): Aimed at making water accessible for all by integrating advertisements on packaging while addressing SDGs like Clean Water and Sanitation (SDG 6) and Responsible Consumption (SDG 12).
• Riverant (Amrita Vishwa Vidyapeetam, Coimbatore): Focused on cleaning polluted rivers using IoT-integrated robotics, aligning with SDGs like Climate Action (SDG 13) and Life Below Water (SDG 14).
• FindFake (Vivekanand Education Society’s Institute of Technology, Mumbai): Developed a deepfake detection platform to combat misinformation, supporting SDGs like Peace and Justice (SDG 16).
• Demcare (JNU, Delhi): Created a dementia-tracking device to improve healthcare outcomes, addressing Good Health and Well-being (SDG 3).
• IntelliFlow Vital Tracker (REVA University, Bangalore): Designed a real-time patient monitoring system to enhance healthcare delivery in resource-constrained settings.
• Novel Air Quality Sensing (Vivekanand Education Society’s Institute of Technology, Mumbai): Developed an optical particle counting device using IoT-enabled CMOS camera microchips to measure particulate matter levels. The solution aligns with SDGs 3, 8, 9, 10, 11, 12, and 13, offering a cost-effective way to monitor air pollution.
• Tranquil (VIT, Vellore): An AI-powered mental health support platform offering instant therapy and coping strategies to address mental health struggles. This project aligns with SDGs 3, 5, 8, 10, and 17.
• Water Your Plant from Anywhere (University of Lucknow): A smart irrigation system using IoT and cloud computing to enable remote watering of plants, contributing to SDGs 9, 11, 12, and 13.
• Where is My Bus (MLRIT, Hyderabad): A real-time bus tracking system designed for college transit networks in India, improving accessibility and efficiency using HTML, CSS, JS, and Leaflet technology.
• Plant Microbial Fuel Cell-KIT (Kalaignar Karunanidhi Institute of Technology, Coimbatore): A sustainable energy solution leveraging plant-microbe electrochemical interactions to provide decentralized, eco-friendly electricity. This project aligns with SDGs 7, 12, 13, and 15.

Through its inception in 2018, the Cisco thingQbator initiative has trained over 10262 students, aiming to shift their mindset to innovators. Over the years, with 5351 hours of mentoring, the program has led to the development of 409 prototypes, with 63 teams already registered or incubated at start-up accelerators. At its core, the initiative empowers students to craft innovative solutions for real-world challenges, fostering design thinking, community problem-solving, and essential go-to-market skills.

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Ahmedabad (Gujarat) [India], April 23: Kretto Syscon Limited (BSE Code: 531328), a diversified player in real estate and information technology sectors, will announce its audited financial results for the fourth quarter of 2024-25 and the full fiscal year on April 24.

Incorporated in 1994 and headquartered in Ahmedabad, Kretto Syscon has steadily expanded its footprint in residential and commercial real estate sectors, while also expanding its software and IT services portfolio.

The company’s shares have surged by 40% from Rs. 1.45 per share to Rs. 2.13 in recent quarters. On Tuesday, the stock touched a 52-week high of Rs. 2.15, trading at approximately 22 times the EPS of Rs. 0.09, reflecting growing investor confidence. The company’s market cap stood at more than Rs. 116 crores.

Kretto Syscon posted a robust profit of Rs. 5.83 crore in the second quarter of financial year 2024-25, followed by Rs. 1.83 crore in the third quarter, demonstrating resilience despite market challenges. Analysts expect the fourth quarter performance to remain consistent and expect the stock to continue to attract investor interest in the small-cap segment.

As Kretto Syscon continues to focus on innovation, transparency, and long-term value creation, it remains poised for future growth in both its core sectors.

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Ahmedabad (Gujarat), India, April 24: Adani Energy Solutions has reported a remarkable 79% increase in its consolidated net profit for the fourth quarter compared to the previous year, achieving a total of ₹647 crore, in contrast to ₹361 crore during the corresponding quarter last year.

The impressive performance highlights the company’s commitment to operational excellence and thoughtful execution throughout its energy infrastructure platform. By consistently prioritising transparency, integrity, and financial responsibility, Adani Energy is beautifully strengthening its position in India’s power and transmission sector.

Adani Energy Solutions reported 79% growth in its consolidated net profit at Rs 647 crore in the fourth quarter, compared with Rs 361 crore in the same quarter last year.https://t.co/91Bc0bYWLD

— ETMarkets (@ETMarkets) April 24, 2025

The expansion is attributed to a confluence of enhanced revenue generation, optimised asset utilization, and strategic investments that are presently yielding substantial returns. 

This development is consistent with the organisation’s long-term vision to promote sustainable energy solutions and to make significant contributions to the growing energy demands of India.

As a pivotal entity within the Adani Group, the fourth-quarter performance of Adani Energy Solutions exemplifies the overarching philosophy of the group, which emphasises the integration of business objectives with national growth agendas.

The company prioritises scalability, consistency in performance, and an open governance model that fosters investor confidence.

In considering future prospects, Adani Energy will be poised to further leverage its extensive infrastructure platform and technical expertise to generate additional value for stakeholders, all while maintaining its commitment to a people-first and performance-oriented ethos.

Disclaimer: The views expressed in this release are those of the author and do not reflect the official policy or stand of PNN Digital. While we strive for accuracy, the information is for general informational purposes only and may be subject to change.