Archives May 2025

Friday May 30, 2025, Bengaluru: DiFACTO Robotics and Automation Pvt. Ltd., a leading provider of manufacturing automation and robotics solutions, today announced the acquisition of the Intellectual Property Rights (IPR) portfolio for RoboFinish operations of Grind Master.

Aurangabad-based Grind Master, founded by Mr. Milind Kelkar and Mrs. Mohini Kelkar, is a pioneer in metal-finishing solutions for automotive and general engineering industries. Over the past 40 years, their dedication to innovation is evident in their 30+ patents, allowing them to effectively challenge top Japanese & European players. RoboFinish, developed over the last 14 years, includes robotic grinding, finishing, deburring, and machining technologies.

Founded in 2007 by Ajay Gopalswamy, Yogesh Kumar and Anil Satapathy, DiFACTO – backed by StakeBoat Capital, has a proven track record of developing advanced robotic systems and automation services for diverse industries, including automotive, foundry, machine tools, transportation, electrical machinery and consumer goods. The company currently operates two manufacturing facilities at Bengaluru and Pune, and a sales and service office in Gurugram. DiFACTO also serves the North American market through its wholly owned subsidiary based in Michigan, USA.

Sameer Kelkar, CEO of Grind Master and the brain behind RoboFinish commented “We pioneered breakthrough developments in robotic grinding and finishing operations, leveraging our profound domain knowledge. We have successfully delivered over 150 RoboFinish solutions worldwide. We are confident that DiFACTO, a specialist in robotics and automation, will develop these technologies further and take them to a wider spectrum of customers.”

“We are constantly seeking cutting-edge and globally competitive technologies,” stated Ajay Gopalaswamy, Founder and CEO of DiFACTO. He further added “The RoboFinish portfolio presents significant synergies with our existing offerings, strengthening our position in the market. DiFACTO will continue to support RoboFinish’s existing users through its customer-focused engineering team.”

Srinivas Baratam, Managing Director of Stakeboat Capital, which invested in DiFACTO’s maiden financing round in June 2024, added “DiFACTO is a leading robotic automation solutions provider to Indian manufacturers across industry segments, and plans to aggressively expand into global markets. Acquisition of RoboFinish technologies bolsters our solution offerings and further expands our global footprint.” 

Shree Cement Limited, a leading cement manufacturer in India, has been awarded the prestigious “CARE ESG 1” rating by CARE ESG Ratings Limited. This accolade reflects the company’s robust performance across Environmental, Social and Governance (ESG) parameters and underscores its leadership in sustainable business practices.

Shree Cement achieved an ESG rating score of 70.8, implying a ‘leadership’ status and reflecting its exemplary commitment to sustainability and responsible governance. The evaluation assessed the company’s performance across various ESG parameters, recognizing its proactive approach to implementing sustainable practices. The company actively contributes to social initiatives including education, healthcare, water conservation and other community welfare projects, as part of its corporate social responsibility efforts.

Commenting on this achievement, Neeraj Akhoury, Managing Director of Shree Cement, said,“Receiving the ‘CARE ESG 1’ rating is a proud milestone that underscores our commitment to sustainability, responsible governance and positive community impact. At Shree Cement, we believe that sustainable growth and community well-being are integral to our business success. This recognition showcases our leadership and reaffirms our ESG credentials as among the best in the sector. We remain dedicated to setting new benchmarks in the cement industry by embedding ESG principles across our operations.”

With this recognition, Shree Cement strengthens its commitment to balancing economic growth with social and environmental responsibility, continuing to drive responsible business practices that contribute to a sustainable future.

Mumbai, India – May 30, 2025 – MAN Industries (India) Limited, In accordance with the terms of the warrant allotment approved by the Board of Directors on December 1, 2023, the Allotment Committee of the Company on May 28, 2025, has approved the allotment of 25,00,000 (Twenty-Five Lakh) Equity Shares of face value of ₹5 each to Man Finance Private Limited (MFPL), a Promoter Group entity, upon conversion of an equivalent number of warrants.

The warrants were allotted to Man Finance Private Limited on preferential basis in accordance with the applicable provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013.

Following the Allotment:

• Man Finance Private Limited’s shareholding has increased from 64,69,242 equity shares (9.99%) to 89,69,242 equity shares (13.34%).
• The Promoter and Promoter Group’s total shareholding has increased from 2,99,12,022 equity shares (46.21%) to 3,24,12,022 equity shares (48.21%).

The newly allotted shares shall rank pari-passu with the existing equity shares of the Company in all respects.

Gurugram, May 30, 2025: Ahead of World Marketing Day, VDO.AI, a global advertising technology innovator, has launched the inaugural edition of Circles, a first-of-its-kind bi-annual digital magazine designed to inspire, inform, and ignite conversation among India’s modern marketers, brand builders, and decision-makers.

Debuting with a stellar lineup of industry leaders, Circles by VDO.AI is a reservoir of ideas that can help new-age marketers reimagine how brands earn attention, build trust, and scale innovation in today’s dynamic landscape. The newly launched magazine is an amalgamation of bold ideas and powerful insights that are reshaping the marketing and advertising industry as a whole. 

The inaugural issue of Circles by VDO.AI features exclusive contributions from some of India’s most influential marketing voices, including:

1. Karan Kumar – CMO, Hero Realty
2. Gaurav Sinha, Head of Marketing, Audi India
3. Vikram Singh, Digital Marketing Head, ITC Hotels
4. Dhruval Doshi, Head of Digital Marketing, Tata.ev
5. Aabhinna Suresh Khare – Chief Digital & Marketing Officer, Bajaj Capital
6. Bhavna Mishra Nanda – Marketing Director, Holiday Inn Express
7. Priyank Pant – SVP & Head of Brand Marketing, Paisabazaar
8. Himanshu Sirohi – Head – Digital Marketing, Apollo 24/7
9. Sonam Pradhan – Head – Media & Digital Marketing, Kellanova
10. Megha Agarwal – CMO, TableSpace
11. Animesh Misra – Head of Marketing, Microtek International
12. Ankita Tuli – GM – Brand & Marketing, Magicpin
13. Bhairavi Rangarajan – Head – Digital Marketing, Branding and MarComm, Kohler India
14. Imran Banat – Digital Marketing Manager, Dr. Reddy’s Laboratories
15. Sushant Pathak – Group CMO, Stonex India
16. Varun Shah – Senior Marketing Manager, Mahindra Holidays & Resorts
17. Jahan Nagrolwala – AVP – Strategy & Planning, Havas India
18. Keren Benjamin Dias – Lead – Research & Strategy, White Rivers Media
19. Nitin Garg, Head of Marketing,Credgenics
20. Subha Natarajan, President of Marketing Communications, Acres Club
21. Vikram Garga, Chief Sales and Marketing Officer,Morde Foods

Commenting on the launch, Amitt Sharma, Co-founder and CEO of VDO.AI, said, “Circles is more than a magazine, it’s a living archive of the ideas, insights, and backroom conversations that shape modern marketing. We’re proud to bring together some of India’s most brilliant minds to not only reflect on where the industry stands, but to spark the ideas that will define what comes next.”

Adding to this, Mehak Chawla, Lead – Strategic Marketing, at VDO.AI, said, “Circles by VDO.AI was born out of a clear strategic intent to go beyond surface-level narratives in an industry defined by constant evolution. We envisioned it as an open canvas where marketing’s sharpest minds can speak openly about the real challenges, bold ideas, and forward-thinking strategies shaping the future. This isn’t just a collection of trends; it’s a practical guide for modern marketers. Our goal is to turn Circles into a go-to guide for industry trailblazers, anchored in insight, grounded in experience, and built for what’s next.”  

Each edition of Circles will serve as a rich resource for the marketing community, featuring long-form interviews, trend reports, expert analysis, and original perspectives that cut through the noise. Crafted by VDO.AI, Circles is poised to become an essential companion for marketers navigating a fast-changing digital ecosystem.

Explore the inaugural issue of Circles here: https://campaign.vdo.ai/circles/

Bhopal, 30 May 2025: AISECT Group, a pioneer in accessible, industry-driven education focused on employability and entrepreneurship, is proud to announce as “Presented Partner” by sponsor for Madhya Pradesh League (MPL) kick off in June. With a 40-year legacy, the AISECT Group of Universities (AGU) actively promotes holistic development through personality grooming, cultural engagement, and dedicated support for sports, offering scholarships and training facilities to nurture national and international-level athletes. 

This strategic association between Madhya Pradesh League (MPL) & AISECT Group marks a significant step in strengthening grassroots cricket and celebrating homegrown talent across Madhya Pradesh. The Madhya Pradesh League (MPL) will begin from June 12 here at the Shrimant Madhavrao Scindia Cricket Stadium in Shankarpur, Gwalior. AISCET Group takes immense pride in its star achievers, who exemplify the university’s commitment to nurturing talent as they have been a passionate supporter of sports. Through initiatives like the Scope Cricket Academy and Rabindranath Tagore University’s (RNTU) cricket development programs, AISECT has continually championed youth engagement, athletic excellence, and holistic growth. 

By becoming the Presenting Partner of MPL, AISECT reinforces its legacy of empowering talent and supporting sports at the grassroots level. This collaboration is a celebration of AISECT’s enduring commitment to building opportunities for aspiring cricketers and promoting a vibrant sports culture in Madhya Pradesh. 

The Madhya Pradesh League is a state-level T20 cricket league, envisioned to uncover and promote budding cricketing talent from every corner of the state. With a growing fan base and a commitment to sporting excellence, MPL is set to become a key platform for young players to shine on a professional stage.

Speaking on the announcement, Mr. Santosh Choubey, Chairman, AISECT said, “We are incredibly excited to be the Presenting Sponsor of the Madhya Pradesh Cricket League. Cricket is more than just a game in India; it’s a passion that unites communities and inspires generations. Through this partnership, we aim to provide a significant platform for the talented cricketers of Madhya Pradesh to showcase their skills and achieve their dreams. This aligns perfectly with AISECT’s mission to empower individuals and contribute to the overall development of the region.”

Echoing the enthusiam Dr. Siddharth Chaturvedi, Executive Vice President of AISECT and Chancellor of SCOPE Global University (part of the AISECT Group), extended his heartfelt wishes for a great sporting action to all the participating cricketers and the organizers, emphasizing AISECT’s commitment to the success of the league and the growth of cricket in Madhya Pradesh. It is heartening to see Madhya Pradesh embrace professional cricket through a platform that celebrates local talent.

Aditi Chaturvedi, Director at AISECT Group of Universities, said, “We are thrilled to associate with the Madhya Pradesh League as the Presenting Partner. At AISECT, we believe in nurturing talent and empowering youth through holistic development. Cricket is more than a sport — it’ is a powerful tool for discipline, unity, and ambition. MPL aligns perfectly with our mission to create opportunities at the grassroots level, and we look forward to supporting the league’s journey of growth and excellence.”

Hyderabad/Tirupati, 29 May 2025: Amara Raja Energy and Mobility Limited (ARE&M), a comprehensive solutions provider in the Energy & Mobility space, (BSE: 500008 & NSE Code: ARE&M) today, reported profit before tax of Rs. 1,299 Cr for the financial year 2024-25.

The Revenue for FY25 stood at Rs. 12,405 Cr as compared to Rs. 11,260 Cr during FY24. The Earnings per Share (EPS) for FY25 was at Rs. 52.66. The Company reported revenue of Rs. 2,974 Cr and profit before tax (PBT) of Rs. 224 Cr for the Q4 of FY25.

For the quarter and year ended March 31, 2025.

Rs. in crores

Amara Raja Energy & Mobility Ltd recorded an impressive revenue growth in the last FY, on the back of strong volume growth in both automotive and UPS Applications. The margins are adversely impacted due to surge in alloy prices and power cost due to regulatory changes in solar power settlements and fuel surcharges.

Speaking on the results, Mr. Harshavardhana Gourineni, Executive Director- Automotive and Industrial, said, “Amara Raja Energy and Mobility continues to deliver consistent and responsible growth. In FY25, we witnessed strong performance across all product categories in the automotive segment, with volumes showing a healthy increase. While the telecom segment experienced a decline, this was effectively offset by robust growth in the UPS business within the industrial segment. Meanwhile, our allied businesses, such as lubricants, maintained their momentum and continued to deliver steady growth. We remain committed to operational excellence and have implemented several efficiency-enhancing initiatives this year. These efforts will strengthen our competitive position and support our journey toward sustained market leadership.”

Mr. Vikramadithya Gourineni, Executive Director – New Energy Business informed, “The New Energy Business continues to maintain strong momentum with a strong focus on infrastructure rollout. This year we have commenced the construction of Giga Factory-1 at our industrial park in Telangana, while the Customer Qualification Plant (CQP) and R&D facility are fast nearing completion. Our pack and charger installations continue delivering us real world feedback which have helped us in improving our ability to cater to unique customer needs.”

Mr. Jayadev Galla, Chairman and Managing Director said, “Amara Raja continues to record consistent growth across product segments. While the Lead Acid Business continues to deliver strong results, we are seeing good traction in allied businesses as well. The New Energy Business witnessed groundbreaking of Giga Factory this year and continues to grow as per our projections. In another few quarters we will have the R&D facility and Customer Qualification Plant (CQP) operational which will add to our capabilities. The teams are committed to deliver excellence even as the global economic scenario continues to remain uncertain.”

Greater Noida: Noida’s real estate market is one of the fastest growing markets in the country, experiencing profound changes driven by the city’s urbanization, economic expansion, and shifting demographic patterns. Greater Noida West, also known as Noida Extension, stands out as one of the fastest-growing real estate markets in the National Capital Region (NCR). The area is experiencing thriving demand driven by its strategic location, excellent connectivity—including proximity to major expressways and the upcoming metro extension, and ongoing infrastructure projects

Greater Noida West is a hub of high – end independent flats and apartments. Investors and homebuyers are exploring new opportunities within its Greater Noida West, since it offers promising prospects with great returns. Homebuyers are attracted by the city’s efficient infrastructure which includes well – connected roads, metro, transit points, commercial hubs, and social amenities like schools, hospitals, and markets.

Seamless connectivity providing accessibility
One of the most compelling draws of Greater Noida West is its seamless connectivity. The region boasts direct access to major highways including NH 24, Noida – Greater Noida expressway, and the FNG Expressway, ensuring smooth commuting to Noida, Ghaziabad, Delhi, and regions of Greater Noida. The sector is closest to metro stations like Sector 34 and Noida City Centre.
The upcoming Noida – Greater Noida metro line, with a station just minutes away promises to further increase public transport options. Moreover, the newly launched Jewar International Airport, situated about 40 minutes from the sector is expected to spur property values, bracing Greater Noida West’s status as a future – ready location.

Developer’s prominence into the region
The real estate landscape here is marked by a wave of premium projects from prominent developers, including ACE Group, and VVIP Group, which offer a range of premium housing options. These projects are designed with lifestyle – driven amenities, including landscaped parks, sports facilities, community spaces, and advanced security systems, catering to the needs of young professionals, families, and even investors seeking rental yields.

Thriving commercial and retail hubs
Greater Noida West’s appeal is further amplified by its thriving commercial and retail ecosystem. Nearby shopping centers such as Wave Galleria, along with upcoming commercial projects like Grandthum, Alphathum, and Avenue 62, provides residents with an array of retail, dining, and entertainment options alongside creating new employment opportunities. The proximity to educational institutions, hospitals, and office complexes add to the sector’s all – round convenience and livability.

Property values in and around Greater Noida West have shown a steady growth, fueled by growing infrastructure development and demand for quality residential properties. With planned and ongoing projects promising further improvement in connectivity and amenities, Greater Noida West stands out as a balanced mix of investment potential and high – end lifestyle, making it a promising real estate destination in Greater Noida.

Gaya, Bihar, 30th May, 2025 – A Microfinance Awareness Program was organized today by SAVE Microfinance (an NBFC-MFI recognized by the Reserve Bank of India) at the auditorium of SAVE Tower, Asha Singh Mod, Gaya. The event aimed to spread awareness about responsible borrowing and the importance of financial literacy among women.

The Chief Guest, Ms. Nikita Kumari, Senior Deputy Collector (Banking), Gaya, emphasized the importance of building a strong credit history by repaying loans on time. She stated that timely repayments enable borrowers to continue receiving financial support in the future, which contributes significantly to improving their economic and social well-being. She also shared details about various government schemes and appreciated the efforts of MFIN and microfinance institutions. Ms. Kumari urged women to take loans strictly based on their needs and repayment capacity.

Mr. Dinesh Bahadur Singh, Station House Officer of Rampur Police Station, Gaya, was also present as a guest and educated the attendees on how to protect themselves from digital fraud.

Mr. Ajeet Kumar Singh, Co-founder and Managing Director of SAVE Group, expressed gratitude to all participants and dignitaries. He remarked, “At SAVE Microfinance, we are committed to empowering rural women by connecting them with income-generating opportunities and sustainable livelihoods.”

Mr. Sanjay Kumar, Regional Head of MFIN (Microfinance Institutions Network), informed the audience that 31 RBI-regulated microfinance companies are currently operating in Gaya district. He said, “Financial literacy is a vital part of every individual’s life. Through such initiatives, we aim to help people achieve their financial goals.”

He also warned the audience about unauthorized agents spreading misleading information in recent times and urged them to be cautious. In case of any grievances, customers were advised to contact the customer grievance number mentioned on their loan card.

The program witnessed the enthusiastic participation of over 150 women from various blocks of Gaya district, along with representatives from different financial institutions.

This event was a meaningful step toward creating financially empowered and informed women in rural communities.

Murshidabad, West Bengal, 30 May 2025: Get ready to indulge in the sweetness of mangoes at the Ajeemganj Mango Festival organized by Murshidabad Heritage Development Society (MHDS) and House of Sheherwali, scheduled to take place from June 1st to June 30th. This month-long celebration coincides with the peak mango season, offering visitors a unique opportunity to experience the diverse world of mangoes.

Murshidabad, a district in West Bengal is renowned for its diverse and historically significant mango varieties. The region, once the seat of the Nawabs, has a rich tradition of cultivating and developing unique mango cultivars, many of which are named after figures or events from their history.

“Murshidabad gears up for its biggest-ever Mango Festival starting from June, expanding for a month-long celebration, the 10th edition will showcase the city’s famed nawabi mangoes offering a rich blend of taste and heritage” said Pradip Chopra, President of the Murshidabad Heritage Development Society.

The festival will highlight the historical significance of mangoes in the region, particularly how Mughal Emperor Akbar encouraged the cultivation and cross-breeding of mangoes, leading to the development of numerous varieties. India, being the largest producer of mangoes, boasts over 500 varieties, with Murshidabad alone being home to around 150 varieties.

Notable Mango Varieties of Murshidabad:

• Kohitoor: A cross between the extinct Kalopahar and another unnamed variety, prized for its unique flavor.
• Nawab Pasand: A mango named after a nawab’s favorite.
• Inayat Pasand: Named after a jagirdar (land owner) who patronized the mango.
• Ranipasand: Named after the nawab’s favorite wife.
• Champa: A mango with a distinct aroma, reminiscent of the champa flower.
• Bimli: Named after a maid employed by Mir Jafar.
• Anaras: Known for its pineapple-like flavor.
• Saranga: Dedicated to the sarangi players in the nawab’s haveli.
• Gulabkhas: Possesses a subtle rose fragrance.
• Mohanbhog: Offered as a tribute to Lord Krishna.
• Peyarafuli: Features a guava-like flavor.
• Kishanbhog: Distinguished by its soft, creamy texture and hints of pineapple.
• Chandankosa: Carries a soothing sandalwood fragrance.
• Himsagar, Langra, and Lakshmanbhog: Also known for their production in the Murshidabad area.
• Bhawani: One of the gems from Nawab-era mango varieties.
• Rani: A historically famous mango variety.
• Bhabani: Another historically significant mango variety.
• Molamjam: Another historically famous mango variety.
• Shahdulla: A historically famous mango variety. 

Guests staying at the House of Sheherwali can indulge in a unique daily mango trail experience, much like the wine trails of Europe or tea trails of North Bengal. Each morning includes visits to local orchards to hand-pick and taste mangoes straight from the trees. Back at the House, guests can savor the rich flavors of seasonal mangoes while enjoying serene views of the Ganga River. Beyond this, all visitors can explore mango orchards, learn about the history and cultivation of the fruit, and discover rare and local varieties that celebrate Murshidabad’s vibrant mango heritage.