Archives May 2025

As consumers increasingly prioritize clean, conscious skincare, Forever Living Products India introduces Infinite by Forever Firming Serum a breakthrough anti-aging formula that merges the purity of organically grown aloe vera with advanced, science-backed ingredients. True to Forever’s legacy of sustainability, ethical sourcing, and wellness-driven innovation, this serum represents a new era in high-performance, responsible beauty.

More than just a skincare essential, the Infinite Firming Serum is a reflection of Forever Living’s four-decade commitment to harnessing the power of nature with integrity. At its core is stabilized inner-leaf aloe vera, cultivated on Forever’s own organically certified farms using regenerative and environmentally responsible practices. This base is combined with clinically proven ingredients including trifluoroacetyl tripeptide-2, yeast extract, and hydrolyzed sodium hyaluronate to reduce the appearance of fine lines, boost hydration, support collagen production, and restore skin elasticity. Thoughtfully formulated for Indian skin and climate, it also helps protect against daily stressors like UV exposure, pollution, and blue light.

What truly sets this serum apart is not just what’s inside but the journey behind it. As the world’s largest grower, manufacturer, and distributor of aloe vera, Forever Living maintains total control over the entire production process. From soil to serum, every stage is managed in-house from cultivating organically certified aloe plants on over 7,500 acres, to sustainable harvesting, clean formulation, eco-conscious packaging, and global distribution. This unique, vertically integrated model ensures uncompromised quality and traceability while keeping the environmental footprint to a minimum.

“Our Infinite Firming Serum embodies everything modern beauty stands for clean, effective skincare powered by nature and backed by transparency,” says Harish Singla, CSM, Forever Living Products India. “Consumers today want products they can trust not just for their skin, but for their values. This serum is our promise of purity, performance, and purpose.”

Free from artificial fragrance, cruelty-free, and dermatologically tested, the Infinite Firming Serum blends seamlessly into any skincare routine and into a lifestyle that values wellness, transparency, and sustainability. It is proof that ethical beauty doesn’t have to compromise on results.

From aloe leaves gently hand-harvested on Forever’s certified organic farms to the bottle that reaches your shelf, every element of the Infinite Firming Serum tells a story of care for the skin, the planet, and the future of beauty.

Lighter, more refreshing meals are the focus of kitchens nationwide as the temperature increases. Zeeba Classic Basmati Rice, an aged basmati rice renowned for its natural aroma, extra-long grains, exceptional quality, and perfect texture is the ideal partner for flavorful, light summer meals.

Zeeba Classic Basmati Rice lends a touch of elegance and richness to every dish, whether it’s a gently spiced Shahi Pulao, a fragrant Zeera Rice, or a beautifully layered Vegetable Biryani. Being an aged and raw rice with a naturally fluffy texture, it is perfect for summer meals that are light on the palette yet royal in appeal. This makes it perfect for health-conscious consumers looking for filling meals that feel light and energized.

Zeeba Classic Basmati Rice’s naturally aromatic flavor and non-sticky texture make it the ideal choice for summertime meals, whether they are served cold or at room temperature. Its extra-long grains puff up beautifully, giving dishes like Paneer Makhni Rice or Kashmiri Pulao, a sophisticated yet effortless charm. It’s quick and simple to make, so you can enjoy the summertime more and spend less time in the kitchen.

Zeeba Classic Basmati Rice adds taste and adaptability to any summer table, whether it’s in the form of a cool Coconut rice, a plate of Plain rice and curd, making mealtimes feel more joyful and light this season along with the perfume of brilliance that your summer deserves.

Mahindra & Mahindra Limited (M&M), one of the largest car manufacturers in India, has given MAHLE the “Special Appreciation Award” for its Intelligent Thermal Management System (ITMS). MAHLE has developed the system especially for the first platform of battery electric vehicles (BEV) XEV 9e and BE 6 from M&M. The ITMS was designed specifically for regional market requirements. Particularly noteworthy are the intelligent control strategy and software, which optimize the temperature in the interior and the battery as well as the air flow at the cooling module. As a result, MAHLE has significantly improved the energy efficiency of the system and reduced the power consumption of the electric compressor by 15 to 20 percent compared to reference vehicles without making any concessions in terms of comfort. India is one of the core markets of the German automotive supplier. Therefore, many parts are produced locally. The Indian e-vehicle market is in an early growth phase, to which electric two-wheelers (e2Ws) and electric tricycles (e3Ws) make a significant contribution. Annual new registrations of e-vehicles are expected to reach 5.9 million units by 2030. MAHLE is committed to make a decisive contribution to this transformation.

Jumana Al-Sibai, member of the MAHLE Group Management Board for Thermal and Fluid Systems

“I am very proud of our team in India. M&M honored the great cooperation, the first-class results and our contributions to M&M’s recently launched battery-electric vehicles”, said Jumana Al-Sibai, member of the MAHLE Group Management Board for Thermal and Fluid Systems. “With this award, MAHLE continues to demonstrate its commitment to innovation and excellence in providing cutting-edge solutions for its customers.”

The series production of the Intelligent Thermal Management System started after a 24-month development period at the end of last year. It includes functions such as intelligent control with advanced algorithms, optimal temperature control and multiple fault detection and -diagnosis. Many components of the thermal system, including ventilation and air conditioning (HVAC) module, cooling module, controller, and coolant pump, are produced locally in India.

The group has been operating in India for six decades, with 14 locations including 11 manufacturing plants and one tech center, employing around 4,400 people. The company is producing electric drives for small vehicles for the local market – for motorcycles, scooters, and small transporters. For MAHLE, India is an important growth market. In 2024, MAHLE India achieved sales of 400 million Euros. The company plans to significantly expand its research and development activities on-site to pave the way for the widespread use of alternative drives.

16th May, 2025, New Delhi: Marking a pivotal moment in India’s education landscape, Central Square Foundation (CSF), with support from Google.org, and in collaboration with the Wadhwani School of Data Science and AI (WSAI) at IIT Madras, launched the AI Literacy Curriculum Framework for Students at the ‘AI Samarth Conclave’ in New Delhi. This represents a significant milestone for ‘AI Samarth’, an initiative to empower over 50 lakh students, teachers, and parents across government and affordable private schools in India with the requisite knowledge and capacity to engage with AI effectively, safely, and responsibly.

AI is rapidly emerging as a transformative force in shaping society, influencing daily life across sectors, including education. As AI profoundly impacts the education sector, it brings opportunities to make learning deeply personalised, adaptive, and efficient. However, realising this potential requires more than just access to technology; it demands awareness, thoughtful integration and meaningful AI engagement by users.

To address this need, AI Samarth has developed a contextualised AI Literacy Curriculum Framework for Students and Teachers in India. In his Keynote address at the launch, Abhishek Singh, CEO, IndiaAI Mission and Additional Secretary, Ministry of Electronics and IT (MeitY), Govt. of India, said “The transformative and cross-cutting potential of AI will play a pivotal role in shaping the future of education in India. As we build a Viksit Bharat by 2047, it is essential to equip every learner with foundational AI literacy so they are ready for the opportunities of tomorrow’s workforce. With AI-powered learning, we can make education more personalised, equitable, and efficient, while easing the burden on teachers.” The curriculum released today aims to build fundamental AI awareness in students, cultivate critical thinking and responsible use of AI tools—laying the groundwork for a future-ready, AI-literate society. The AI literacy curriculum for educators, to be released soon, will focus on enhancing AI awareness, building capacity to leverage AI for teaching and learning, and guiding students in its safe and informed use. The curriculum has been informed by key learnings from high-quality curricula and courses available globally.

Further, AI Samarth is building an open-source content stack, including a video repository for self-learning for students, parents, and teachers, along with teaching-learning materials for cascaded training for both teachers and students. The multilingual content stack will be released as a public good in English, Hindi, Marathi, Bengali, and Odia over the next six months, with an intent to expand to additional regional languages subsequently. The content will be disseminated through digital platforms and cascaded training modules, in collaboration with mission-aligned implementation partners, state governments and online learning platforms across Bharat. In its first round of implementation, AI Samarth has partnered with six organisations to build AI Literacy for over 50 lakh (5 million) students, parents and teachers. Looking ahead, AI Samarth is committed to mainstreaming AI literacy into school systems nationwide.

As India embraces the promise of AI, equipping users with the tools to engage with AI critically and responsibly will be key to shaping a future where technology is used with purpose and impact at scale. Through this effort, India is building the groundwork for future generations to lead, create, and shape an inclusive AI-driven future.

Lucknow, 16th May 2025: Concord Control Systems Limited, a leading player in railway control and safety automation systems, announced its earnings for the H2 FY25 and the year ended March 31, 2025. The company has approved the preferential allotment of ₹3.5 crore to acquire the remaining 10% stake in Advanced Rail Controls Pvt Ltd (ARC).

Key financial performance (Half-year) – Consolidated

Key financial performance (Annual) – Consolidated

The Earning per share for the financial year ending 31st March 2025 is 37.13. During the year Concord Control Systems received orders to the tune of Rs 141.5 cr. As of 31st March our unexecuted order book stands at Rs 212.5 cr which is nearly 1.7x our FY25 revenues.

Management Commentary

Gaurav Lath, Joint Managing Director of Concord Control Systems said, “FY25 has been an exciting year for us. Looking ahead, we are focused on unlocking new growth avenues through strategic consolidation, product innovation, and market expansion. This business as of today has an opportunity size of approximately Rs 250 crore till FY30. We are committed to its guidance of achieving 40–50% revenue CAGR over the next 3–5 years, driven by robust order pipelines, supportive policy tailwinds under Atmanirbhar Bharat, and expanding opportunities in metro, urban mobility, and smart infrastructure projects.”

Key milestones –

• The Board approved the amalgamation of Advanced Rail Controls Pvt Ltd (ARC), a subsidiary, with Concord Control Systems to enhance operational efficiency.
•  Preferential allotment of ₹3.5 crore was approved to consolidate 100% stake in ARC.
• In FY25 they entered into a Transfer of Technology agreement with a German company for the metro business. This ToT is in the area of Overhead Monitoring systems for real time wire monitoring, precise diagnostics and actionable alerts essential for seamless operations.
• In their Kavach business i.e. Progota Indis Pvt Ltd, they are expecting to receive section allocation for field trials and tenders are expected for the same.

Mumbai, 16^th May 2025: Orient Technologies Limited, a leading provider of end-to-end digital transformation and IT infrastructure services, has announced its financial results for the fiscal year ending March 31, 2025. The company recorded a strong year marked by significant contract wins, long-term managed services engagements, and a growing footprint in key industry sectors, reaffirming its position as a trusted transformation partner for India’s evolving IT landscape.

Orient Technologies’ sustained performance this year reflects its commitment to delivering outcome-driven, secure, and scalable technology solutions tailored to the needs of both public and private sector organizations.

FY’25 Compared with FY’24:

• Total Income increased to Rs. 846.29 Crore in FY’25 from Rs. 606.86 Crore in FY’24 registering a growth of 39.45% (Y-o-Y).
• Revenue from Operations increased to Rs. 839.53 Crore in FY’25 from Rs. 602.89 Crore in FY’24, registering a growth of 39.25 % (Y-o-Y).
• The Earnings Before Interest, Tax, Depreciation and Amortization (‘EBITDA’) increased to Rs. 74.35 Crore in FY’25, from Rs 60.59 Crore in FY’24, registering a growth of 22.71%.
• Profit Before Tax (‘PBT’) increased to Rs. 68.01 Crore in FY’25 from Rs 54.91 Crore in FY’24, registering a growth of 23.87 % (Y-o-Y)
• Profit After Tax (‘PAT’) increased to Rs. 50.44 Crore in FY’25 from Rs. 41.45 Crore in FY’24, registering a growth of 21.69 % (Y-o-Y).
• Earnings per share (‘EPS’) for FY’25 is Rs. 12.85, as against Rs. 11.80 in FY’24.

Segmental Revenue: 

The contribution to revenue from operations for each vertical in FY’25 stands as follows:

• BSFI: 21.63%
• Communication: 10.25%
• Govt & PSU: 11.21%
• ITeS: 8.50%
• Mid-Market & Others*: 48.41%

*Mid-market & Others includes healthcare, manufacturing, infrastructure, real estate, logistics, education, e-commerce, conglomerates, energy and service industries etc.

Strategic Wins :

• Ranked Among India’s Top Listed Companies

As per the National Stock Exchange (NSE) report released on December 31, 2024, Orient Technologies earned a notable position, ranking 1,213 among India’s top listed companies based on average market capitalisation. This recognition is a testament to the company’s robust financial performance, disciplined growth strategy, and its ability to generate sustained value for shareholders. It also reflects Orient’s increasing influence and credibility within India’s competitive technology landscape, as it continues to scale its presence as a trusted and future-focused enterprise in the listed market space.

• Government of Maharashtra – Flagship Software Development Engagement | ₹18.69 Cr (5 Years)

Orient Technologies was selected as the strategic technology partner for a large-scale software development initiative by the Government of Maharashtra. The ₹18.69 crore contract, spread over five years, is aimed at modernizing departmental workflows and enhancing citizen service delivery. This win represents a significant milestone in Orient’s public sector portfolio and reinforces its capabilities in driving state-wide digital transformation.

• Critical Infrastructure – Cybersecurity Strengthening Project | ₹3.9 Cr

In the domain of critical infrastructure, Orient secured a cybersecurity engagement valued at ₹3.9 crore. The project involves the deployment of advanced threat prevention and monitoring solutions to strengthen cyber defense capabilities for one of India’s leading energy organizations. This win underscores Orient’s growing role in securing national infrastructure against sophisticated and evolving digital threats.

• Strategic Managed Services Contracts Across Multiple Sectors | ₹8.75+ Cr

Orient Technologies entered  multiple Infrastructure Managed Services (IMS) and Facility Management Services (FMS) contracts with leading organizations across sectors such as consulting, real estate, and enterprise technology. These long-term agreements, spanning three to five years and collectively valued at over ₹8.75 crore, reflect growing confidence in Orient’s ability to manage and scale mission-critical IT operations.

• Enterprise Data Center Deployment – Storage and Server Solutions | ₹12.3 Cr

Orient successfully delivered a high-value infrastructure project worth ₹12.3 crore involving enterprise-grade storage and server solutions. The deployment, executed for two leading firms in the financial services and cloud computing sectors, highlights Orient’s deep expertise in building future-ready data centers capable of handling high-performance workloads, scalability demands, and data protection requirements.

Driving Momentum with Innovation and Client-Centricity

Throughout the year, Orient Technologies focused on enhancing its delivery model, expanding its service portfolio, and strengthening partnerships with both OEMs and clients. The company’s digital-first approach and consultative engagement style have played a pivotal role in securing multi-year, multi-crore projects and reinforcing customer trust.

Commenting on the results Mr. Ajay Sawant, Chairman & Managing Director said

“This has been a landmark year in Orient Technologies’ growth journey. The scale and diversity of the projects we have secured underscores the trust our clients place in us to deliver mission-critical technology solutions. From powering digital transformation for state governments to strengthening cybersecurity for national infrastructure and building enterprise-grade IT foundations — our commitment remains steadfast: to enable our clients to transform, thrive, and stay ahead in an increasingly digital world. As we move forward, we will continue investing in innovation, talent, and partnerships to create sustained value for all our stakeholders.”

Dr. Subir Verma, Director, FORE School of Management, remarked, “At FSM, we cherish our deep engagement with the corporates. Through mentorship and shared experiences, our industry partners play an instrumental role in shaping our students’ professional outlook and helping us understand the ideal competencies contemporary organisations seek. ‘FOREver Connected’ allowed us to reconnect, express our appreciation, and discuss how we can co-create future opportunities to ensure our students are industry-ready.”

Prof. Shilpi Jain, Dean Corporate & Alumni Relations, added, “The active involvement and guidance of industry mentors are invaluable in shaping our students. Engaging platforms like ‘FOREver Connected’ are our way to reaffirm our commitment to building long-term, meaningful collaborations. Such partnerships are crucial as we strive to nurture talent that any company can confidently invest in—talent that truly reflects the rigour, capabilities, and potential of our students to meet industry demands.”

National, 16 May 2025: Myprotein, a leading online sports nutrition brand, has announced the launch of its new Creatine Monohydrate Tablets, offering a clean and simple way for individuals to boost their high-intensity performance. Elevating convenience for customers of traditional creatine powder, Myprotein has developed these easy-to-take tablets to streamline consumers’ fitness routines, especially those new to supplementation.

Sudeshna Saha, Regional Manager – India, said, “We are thrilled to introduce the Creatine Monohydrate Tablets to the Indian market. Creatine plays a vital role for anyone looking to enhance their everyday fitness and recovery. At Myprotein, we are committed to adapting to the evolving needs of our consumers by providing more convenient options across all our nutrition ranges. These tablets are a testament to that commitment, offering a hassle-free way to tap the benefits of creatine. We believe this product will be a game-changer in the fitness zone, offering a user-friendly alternative to traditional powders.”

Creatine is among the most researched sports supplements, scientifically proven to enhance performance for short bursts of high-intensity activity. Myprotein’s new tablets deliver a 3g of creatine monohydrate per daily dose, making it effortless to incorporate this powerful supplement into any lifestyle. These tablets are particularly beneficial for vegetarians and individuals who find it challenging to obtain sufficient creatine through their diet alone. The no-mixing, no-mess format makes them perfect for on-the-go routines, ensuring users can easily support their fitness goals. The tablets are ideal for fitness enthusiasts of all levels seeking to improve their performance and recovery, including gym-goers, athletes, and busy professionals.

Qlik^®, a global leader in data integration, data quality, analytics, and artificial intelligence, today introduced its new agentic experience at Qlik Connect^® 2025. The agentic experience will provide a single, conversational interface allowing users across the enterprise to interact naturally with data, using specialized AI agents to quickly uncover insights, drive faster decisions, and boost productivity—bringing new simplicity to complex data-driven workflows.

Qlik has consistently pushed forward the possibilities of data exploration, visualization, and analytics. At the heart of this continuous innovation is the Qlik engine—a unique technology that indexes relationships across data, enabling the discovery of unexpected connections. The agentic experience builds directly on this engine, expanding the ability of both users and agents to intuitively access these relationships, surface insights, and take action across diverse data.

The agentic experience will enable users to access insights and take action simply by engaging in natural language dialogue. Operating seamlessly across Qlik Cloud—including data integration, data quality, and analytics solutions—the experience removes friction, providing fast, intuitive visibility for smarter decisions and higher productivity.

At Qlik Connect, the company demonstrated how specialized AI agents will support users within this new experience:

• Introduced last year for unstructured data, Qlik Answers™ will bring together structured and unstructured data in a single natural language experience, delivering trusted answers and enabling automated actions.
• Revealed for the first time at the event, a discovery agent will proactively identify critical risks and opportunities across applications and datasets, presenting insights and recommended actions through a personalized feed.
• Demonstrated as a concept, a pipeline agent will allow users to describe desired business outcomes conversationally, prompting automated recommendations and design of necessary data pipelines.

As enterprises face unpredictable market conditions and increasing pressure to make critical decisions rapidly, investments in AI have grown. With its agentic experience, Qlik is focused on helping customers turn data into timely, high-quality decisions and results. Qlik’s agentic experience is specifically designed to empower teams to accelerate both decisions and productivity in rapidly changing environments.

“This new agentic experience is about removing the distance between data, decisions, and outcomes,” said Mike Capone, CEO of Qlik. “People want a seamless, conversational way to engage with their data—one that fits naturally into their work and delivers clear, trusted answers in context. We’ve built this experience to reflect how decisions actually get made in a business.”

“There’s a growing demand for AI that does more than generate responses—enterprises want systems that can reason across complex data, explain their outputs, and drive action,” said Megha Kumar, Research Vice President, Worldwide Analytics & AI, IDC. “Qlik Answers combines structured and unstructured data with automation in a governed, explainable framework. It’s a strong example of how agentic AI can support real enterprise decision-making.”

“We’re under constant pressure to make faster, better decisions with data that’s scattered across the business,” said Yuzuru Fukuda, Corporate Executive Officer – Senior EVP, Enterprise Division CEO, Fujitsu. “The ability to ask a question and get a trusted, contextual answer—across structured reports, unstructured content, and automated workflows—is exactly the kind of capability we’ve been waiting for. It has the potential to remove a lot of friction from how decisions actually get made.”

Mumbai, May 16th, 2025: PDS Limited, the global fashion solutions and infrastructure company offering customized solutions to global brands and retailers across services like product development, sourcing, manufacturing, and brand management, has announced its financial results for Q4 & FY25.

Consolidated Financial Results Q4FY25 and FY25: (₹ in crs, unless mentioned otherwise)

Key Highlights for the Year

• Clocked GMV of ₹18,744crs in FY25, growth of 25% y-o-y
•  Reported Consolidated topline of ₹12,578crs, growth of 21% y-o-y
•  Achieved PAT of ₹241crs, growth of 19% y-o-y
•  Growth achieved across all geographies; the Americas leading with a growth of 39% y-o-y
•  Order book in early April stands strong at +$600 million, growth of 14%
•  UK-India FTA unlocks a powerful growth runway for manufacturing and strategic sourcing from the region.
•  US tariff developments effectively managed through strategic negotiations, ensuring stability and continued growth
• Proposed dividend of ₹3.35 per share, 30% of EPS, 168% of face value – of which ₹1.65 per share paid in H1FY25 as interim dividend

 Key Highlights for the Quarter

• Clocked GMV of ₹5,007crs in Q4 FY25, growth of 14% q-o-q
• Reported Consolidated topline of ₹3,526crs, growth of 13% q-o-q
• Achieved PAT of ₹75crs, growth of 76% q-o-q

Commenting on the industry outlook, Pallak Seth, Executive Vice Chairman, said: “The industry is at an inflection point, marked by two key developments that have the potential to shape its future. At PDS, we have responded to the evolving global landscape with agility and foresight—enhancing our sourcing capabilities, driving operational efficiencies, and positioning ourselves ahead of the curve. Recent shifts, such as the US tariff adjustments and the advancement of the UK-India FTA, are well-timed catalysts that support our strategic vision and unlock new opportunities for sustainable growth.”

Sanjay Jain, Group CEO, commented on the company’s FY25 performance “FY25 has been a year of strong, broad-based growth for PDS, with GMV reaching $2.2 billion—a 25% year-on-year increase. Growth was visible across all geographies, with the Americas leading at 39%, reflecting the strength of our global platform. Our strong order book of over $600 million in early April, up 14% from last year, gives us confidence in the year ahead. Supported by BCG, we have initiated a series of cost optimization and transformation initiatives that are expected to deliver tangible results and further enhance operational efficiency.”