Archives 2025

SP Jain Global ranked among Asia-Pacific’s Top 10 b-schools for third consecutive year in Bloomberg Businessweek’s 2025 rankings

Mumbai, 18 September 2025: Bloomberg Businessweek, renowned worldwide for its authoritative business news and analysis, has ranked S P Jain School of Global Management (SP Jain Global) 7th in the Asia-Pacific region in its 2025 Best B-Schools Rankings. This is the third consecutive year that SP Jain Global has been placed among the leading 10, underscoring the school’s consistency in delivering high-quality, future-focused business education.

The Bloomberg rankings draw on surveys of students, alumni, and corporate recruiters, and evaluate schools on career outcomes, classroom experience, alumni networks, entrepreneurial readiness, and long-term return on investment. They are widely regarded as one of the most respected benchmarks for management education. In the 2025 rankings, SP Jain Global also placed #5 in the Asia-Pacific for compensation, a clear measure of the strong ROI for its graduates and the school’s focus on preparing job-ready leaders.

“Being ranked in Bloomberg’s Asia-Pacific Top 10 for the third year in a row is both an honour and a responsibility,” said Nitish Jain, President of SP Jain Global. “It reflects the trust of our students, alumni, and recruiters, and validates the distinctiveness of our approach to management education.

We have always believed that the future of business will be shaped by uncertainty, disruption, and rapid change, and traditional approaches alone are not enough. Our programs are built around a unique multi-city model and a multimodal learning ecosystem, giving students the opportunity to study in some of the world’s most dynamic economies while also learning to harness AI as part of their education.

AI plays a pivotal role in helping students move beyond surface-level learning to higher-order thinking. It accelerates their progress from comprehension to analysis, problem-solving, and decision-making. In short, from knowing the answers to developing the judgment and foresight leaders need. Combined with the cultural and business exposure of our multi-city model, this ensures that graduates leave not only with a degree but with resilience, adaptability, and a truly global perspective. These are qualities employers value deeply today and which will define leadership in the years ahead.”

SP Jain Global’s recognition by Bloomberg Businessweek adds to a consistent track record of rankings by leading international publications such as QS, Forbes, Financial Times, The Economist, and Times Higher Education–Wall Street Journal. Together, these validations highlight the school’s standing in global business education and its role in shaping graduates who can thrive in diverse and fast-changing environments.

Palakkad, September 18, 2025: KFON is set to bring high-speed internet services to the Nelliyampathy region in Palakkad. Work on establishing the Nelliyampathy– Kollengode backbone link is progressing rapidly to support this expansion.

KFON is focusing on providing broadband connections to areas with limited internet connectivity. The team is working urgently to complete all essential infrastructure and ensure services are made available to customers as quickly as possible.

In the first phase, KFON internet services will be rolled out at 17 End-of-Service (EOS) centers, including government offices. Subsequently, households, commercial customers, and other institutions will also be able to enjoy KFON’s high-speed internet services.

“This is a significant step by KFON toward realizing Kerala’s digital aspirations. Internet services open up vast opportunities for every individual. KFON’s goal is to ensure high-quality internet at affordable rates for all people across Kerala, without economic, social, or geographic disparities. We are now very close to achieving that goal,” said Dr. Santosh Babu IAS, Managing Director of KFON.

 By CA Pankaj Kapoor, Assistant Professor, School of Commerce, NMIMS Chandigarh

The article analyzes the 56th GST Council Meeting (September 2025), which rationalized India’s GST framework from four slabs (5%, 12%, 18%, 28%) to a streamlined two-slab system (5% and 18%), alongside a 40% tax on luxury/sin goods.

Key highlights:

1. Relief for households: Everyday essentials like soaps, food items, and bicycles moved to 5% or exempt categories, boosting disposable incomes.
2. Sectoral impact: FMCG, healthcare, agriculture, handicrafts, and renewable energy sectors stand to gain from reduced tax burdens.
3. Growth outlook: Lower consumer costs may push GDP growth up by ~0.6%.
4. Public health gains: A 40% GST on cigarettes, pan masala, sugary drinks, and luxury vehicles could reduce unhealthy consumption.
5. Fiscal challenges: Estimated annual revenue shortfall of ₹48,000 crore (~0.4% of GDP) could strain Centre–State relations, with states demanding compensation.
6. GST 2.0 efficiency: Simplification, automation in refunds, and streamlined registrations will lower compliance costs and support MSMEs.
   

Overall, the reforms mark a bold stride towards a simpler, consumer-friendly, and growth-oriented tax system, aligning with the vision of Viksit Bharat 2047, while underlining the need for prudent fiscal balancing.

India, September 18, 2025: Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise services, today announced the release of its Fiscal Year 2025 Corporate Citizenship Report.  

The report highlights Kyndryl’s continued progress across its three corporate citizenship pillars – Environment, People and Trust. The Company’s significant achievements underscore Kyndryl’s ongoing commitment to sustainability, responsible innovation and inclusive growth. 

“Corporate citizenship is a driving force for innovation, growth and global impact at Kyndryl. We are committed to advancing sustainability, empowering our workforce and communities, ensuring high standards of corporate governance and supporting our customers in achieving their objectives,” said Faith Taylor, Senior Vice President, Global Citizenship and Sustainability at Kyndryl. “We’re proud to be shaping a future where sustainability and social impact, powered by transformative technologies like AI, are integral to business success.”

Highlights of Kyndryl’s progress described in the report include:

• Delivering an 18% reduction in total greenhouse gas emissions (GHG, market-based) compared to its fiscal 2023 baseline, supporting the Company’s goal of achieving net–zero emissions by 2040 and its near-term targets, validated by the Science Based Targets initiative.
• Reducing total energy consumption by 15% compared to its fiscal 2023 baseline, with 58% of its purchased electricity coming from renewable sources.
• Doubling the average learning hours of customer-facing employees year-over-year, with an emphasis on advanced technology training. 
• Launching Kinship Kyndryl – a unified team dedicated to scaling initiatives that foster inclusion, belonging and employee well-being. 
• Awarding second-year grants to 12 nonprofits across 11 countries by the Kyndryl Foundation to advance cybersecurity and AI skilling and support training of more than 49,000 individuals.
• Advancing Kyndryl’s AI strategy and responsible AI principles by implementing a robust governance model to support the use of AI tools and technologies, as well as solutions for customers.
• Enhancing Kyndryl’s AI-driven sustainability services, which help organizations shape strategy, drive transformation and decarbonization, and meet regional and regulatory goals.

Kyndryl’s significant progress in citizenship and sustainability has earned the Company several industry recognitions, including an EcoVadis Gold medal, placing it among the top five percent of participating organizations, inclusion in TIME’s World’s Most Sustainable Companies and Forbes’ Net Zero Leaders lists and a leader ranking in the ISG Provider Lens Sustainability and ESG – IT Solutions and Services Report. Kyndryl has also received more than 60 workplace-related awards in the first three years of its operation as an independent company.

Read the full report and details on Kyndryl’s corporate citizenship strategy and how the Company is powering progress for its people and communities through its differentiated culture – The Kyndryl Way.

GURUGRAM, India , September 18, 2025:  Samsung, India’s largest consumer electronics brand, has launched its Bespoke AI Washer Dryer, an innovation that integrates intelligent performance with timeless design. The Bespoke AI Washer Dryer aims to deliver an all-weather laundry care that transforms everyday laundry by washing and drying clothes seamlessly, and fits effortlessly into the modern urban spaces.

It is designed to do the job of two appliances in one sleek unit. It washes and dries clothes without the need for load transfer, saving both space and effort. For urban households where every square foot counts, this all-in-one design eliminates the need for separate machines, streamlining laundry into a single, hassle-free cycle that ends with clothes ready to wear.

Beyond its striking looks, the new combo offers generous capacity and AI-powered intelligence, ensuring larger loads are managed with ease while simplifying decision-making for users. The range reflects a growing demand for appliances that balance convenience, efficiency, and style, delivering not just cleaner and fresh clothes, but a smarter way of living. 

Here are top 5 Reasons to upgrade to Samsung’s Bespoke AI Washer Dryer, today:

AI-Driven Features for Seamless Chores

Built with Samsung’s intelligent features, the washer dryer takes the guesswork out of everyday laundry. AI Wash uses sensors to detect fabric weight, softness, and the level of soiling and washes them thoroughly and gently.  The Flex Auto Dispense  releases the right amount of detergent, avoiding wastage and ensuring perfect results. 

AI EcoBubble™ helps with better detergent penetration delivering better wash results. The  AI Energy Mode helps save up to 70% energy via the SmartThings app. Together, these features save time, reduce effort, and create more free moments for families.

Designed to Blend with Modern Living

With its flat-glass finish, minimalist contours, and premium Black Bespoke aesthetic, the washer dryer is built as much for interiors as it is for performance. Unlike traditional bulky machines, it blends effortlessly into compact homes. For new-age families that view appliances as part of their décor, this is laundry reimagined with design at the forefront.

Offering a Capacity That Complements Families

Despite its compact design, the appliance offers 12KG wash and 7KG dry capacity, making it easier to handle bulkier items like blankets, sarees, and curtains in one go. This means fewer wash loads and less time spent managing laundry.

Elevate balcony aesthetics and say goodbye to air drying

Engineered for compact new-age homes, where space is precious and design matters, the new washer dryer is a two-in-one solution that saves space and frees your balcony from clotheslines, and blends seamlessly with contemporary interiors. It reduces reliance on traditional air-drying while restoring your balcony’s aesthetics.

 Delivering Hygiene and refresh for clothes

Ideal for delicate fabrics, outfits that have been worn only once or clothes that need a refresh, the Air Wash function refreshes clothes and removes up to 99.9% of bacteria and deodorizes them using only heated air; no water, no harsh chemicals; making it a perfect choice for  quick gentle care that keeps your clothes fresh and ready to wear . 

Combined with features like Super Speed with QuickDrive™ and Q-Bubble™ technology, which cut down cycle time and enhance wash performance, the Bespoke AI Washer Dryer ensures laundry is not just clean but truly cared for.

Mumbai, September 18, 2025: QMS Medical Allied Services Ltd (NSE Code: QMSMEDI), a leading holistic healthcare management solutions company, opened its Rights Issue on September 12, 2025, to raise INR12.5 crore. The Issue comprises 14,87,500 equity shares of face value INR10 each, offered at an Issue Price of ₹81 per share (including a premium of INR71 per share).

Rights Issue details:

• Right Issue Ratio: 1:12 (1 equity share will be issued for every 12 equity shares held by shareholders
• Right Issue Price: INR81 per share (including a premium of INR71 per share)
• Issue Size: INR12.05 crore
• Record Date: 4th September 2025 & Renunciation of RE: 17th September 2025
• Issue open / close Date: 12th September 2025 till 22nd September 2025

The proceeds from the Rights Issue will be strategically utilised to strengthen QMS Medical Allied Services’ growth trajectory. A significant portion, amounting to INR10 crore, will be invested towards acquiring an additional 25% stake in its subsidiary, Saarathi Healthcare Private Limited, thereby increasing QMS Medical Allied Services’ holding to 76%. The balance funds will be deployed to meet working capital requirements and for general corporate purposes, ensuring enhanced operational flexibility and sustained business expansion.

Mahesh Makhija, Founder, Chairman and Managing Director, QMS Medical Allied Services Ltd., said, “The Rights Issue will support our planned acquisition of an additional 25% stake in Saarathi Healthcare Private Limited, further consolidating our position in the value-added segment of the healthcare industry. This strategic investment reinforces our commitment to expanding QMS Medical Allied Services’ footprint in high-growth verticals, enhancing operational synergies, and unlocking long-term value for all stakeholders.

“India’s healthcare sector continues to experience unprecedented growth, driven by rising demand for advanced medical solutions. At QMS Medical Allied Services, we remain steadfast in our mission to deliver accessible, high-quality, and dependable healthcare products and services across the country. This Rights Issue is not just a step towards accelerating our strategic initiatives, but also a valuable opportunity for our shareholders to strengthen their association with QMS Medical Allied Services and participate in our journey of sustained growth and innovation,” Makhija added. 

About QMS Medical Allied Services Ltd – QMS Medical Allied Services Ltd (QMS MAS) is a leading healthcare company specialising in innovative patient screening services and the supply of advanced diagnostic medical devices. Through its pioneering Patient Service Programs (PSP), QMS MAS provides patients nationwide with access to critical diagnostic tests for conditions such as Osteoporosis, Diabetes Mellitus, Chronic Obstructive Pulmonary Disease, and Hypertension. Committed to promoting early intervention and preventive healthcare, QMS MAS plays a vital role in improving patient outcomes and enhancing the overall healthcare experience. With a dedication to excellence and a forward-thinking approach, QMS MAS continues to expand its impact in the healthcare industry, delivering value-added services that benefit patients and healthcare providers alike.

September 18, 2025: We heard you, Delhi! Nykaaland, India’s biggest beauty playground, is coming to give you the ultimate beauty experience you truly deserve! After two successful editions in Mumbai that brought over 40,000 beauty lovers together, Nykaaland is finally landing in Delhi-NCR from November 7th to 9th, 2025, for its third edition. Co-produced by Nykaa, India’s leading beauty and lifestyle destination, and BookMyShow Live, the live entertainment experiential division of BookMyShow, this is a major shoutout to Delhi-NCR’s ever-evolving, trendsetting beauty scene – because we know you don’t just follow beauty, you live it.

The three-day festival at NSIC grounds, Okhla, Delhi NCR will bring the best of global beauty, insurgent homegrown heroes, and viral breakout beauty brands together under one roof, seamlessly intertwining music, culture, and creativity, all blooming in full glory in one immersive experience. Tickets are now live and yours to grab, exclusively on BookMyShow, India’s leading entertainment destination.

Delhi-NCR is the perfect backdrop, a thriving hub of beauty insiders and passionate newcomers who crave cutting-edge trends and authentic artistry. Here, the discerning audience is ready to embrace the next wave of beauty innovation, making it the ideal stage for Nykaaland’s immersive beauty experiences.

Anchit Nayar, Executive Director and Chief Executive Officer, Nykaa Beauty said, “We are proud to bring Nykaaland to Delhi-NCR in response to the overwhelming demand from the capital’s passionate beauty community. Having inspired a transformative movement in Mumbai, our entry into Delhi marks a significant milestone in our journey. It reflects our vision to take experiential beauty beyond commerce and into the community, making it an ideal setting for immersive masterclasses, exclusive product launches, and meaningful brand-to-consumer interactions. By collaborating with BookMyShow Live, we are strengthening our ability to deliver experiential beauty at scale. This expansion is not just about geography. It is about celebrating a national beauty ecosystem that thrives on innovation, creativity, and community. Nykaaland in Delhi is poised to become a lasting cultural touchpoint for beauty in India.”

Owen Roncon, Chief of Business – Branded IPs, BookMyShow, said, “With Nykaaland, we set out to build an experiential platform that goes far beyond beauty, curating a cultural playground where artistry, music and community come alive. After two blockbuster editions in Mumbai, the move to Delhi-NCR was a natural progression. The capital is not only a dynamic hub for fashion and beauty but also a melting pot of diverse voices and discerning audiences who shape trends for the country. Expanding Nykaaland here allows us to create a truly national stage for beauty experiences at scale, while deepening our connect with audiences who are eager for immersive, world-class showcases. This is the next step in our vision to build Nykaaland into a defining movement in the global live entertainment and beauty landscape.”

One festival, zero beauty FOMO!

This year, Nykaaland is bringing together over 60 global and Indian beauty brands, handpicked to make your wildest beauty dreams come true. From couture powerhouses and cult classics to Seoul’s skincare secrets and India’s own icons, if it belongs on a shelf, in a reel, or on your moodboard, it’s finally here, your chance to touch, test, and try it all in one festival.

The Designer Drop: Runway to Vanity

For the first time at Nykaaland, fashion’s most powerful names make their beauty debut. YSL Beauty, Dolce&Gabbana Beauty, Rabanne, and Carolina Herrera bring their couture touch to makeup and fragrance. Global disruptors and cult favorites like TIRTIR, MILK Makeup, IT Cosmetics, Kylie Cosmetics, and Supergoop! deliver formulas that have redefined beauty trends worldwide. From bold couture reds to dewy skin-perfecters, latte palettes, and high-shine glosses, this is where luxury meets next-gen obsession, ready for you to swatch, spritz, and make your own.

Your One-Way ‘Ticket to Seoul-ful’ Skin!

K-beauty lovers, buckle up. The AmorePacific family arrives in full force with Laneige, Innisfree, Etude, Sulwhasoo, Aestura, Ryo, and Mise en Scène, bringing everything from cloud-skin bases to glossy haircare. Disruptors and cult faves like Pyunkang Yul, TIRTIR, Beauty of Joseon, ROUND LAB, TonyMoly, Dr. Althea, Celimax, House of HUR, Parnell, Arencia, Anua, Torriden, Biodance, DALBA, and VT Cosmetics are here with viral must-haves and under-the-radar obsessions. This lineup proves K-beauty always stays ahead of the curve.

Cult to Coveted: Shelf Stars IRL

From OG icons to insurgent beauty disruptors, your feed’s most-wanted brands are finally at your fingertips. e.l.f. Cosmetics, IT Cosmetics, Cetaphil, Olay, Avène, Bath & Body Works, L’Occitane, Lancôme, L’Oréal Professionnel, Ducray, AVEDA, Ikonic, Minimalist, Daily Life Forever52, Wishcare, and Dream Beauty bring viral lip oils, gloss-skin bases, latte palettes, and salon-grade hair heroes straight off the grid and onto your vanity.

Homegrown Icons: Made in India, Made for the World

India’s beauty vanguard takes center stage. Kay Beauty, Simply Nam, Minimalist, ThriveCo, RENÉE Cosmetics, Moi by Nykaa, Swiss Beauty, Nykaa Cosmetics, Pink Polqa, LovETC, Daily Life Forever52, Naturali, Sammmm, Dot & Key, Shills Professional, Wishcare, Ikonic, and more prove that local beauty is truly legendary. From science-backed skincare to pigment-pushing D2C disruptors, these homegrown voices are shaping the future of beauty.

Masterclasses: Hands-On with Bollywood’s Beauty Mavericks

Want red carpet-ready skin, sculpted eyes, or on-the-go glam that actually turns heads? At Nykaaland, you don’t just watch, you get the VIP pass to Bollywood’s beauty secrets. Learn Namrata Soni’s bridal magic, Daniel Bauer’s gloss hacks that change your whole vibe, Mehak Oberoi’s foolproof everyday glam tricks, and Meera Sakhrani’s legendary IT bridal techniques that make every wedding look insta-famous. These sessions aren’t just demos, they’re your chance to swatch, play, experiment, and slay like the pros.

From bridal perfection to statement red carpet moments and skin-first minimal makeup, this is where you level up your beauty game. Get your tickets before they sell out!

Music, Immersive Experiences, Beauty, Culture, and Food

Headlining the music stage are genre-bending powerhouses. Prateek Kuhad is bringing the ultimate switch-up, from heartbreak anthems like ‘Cold/Mess’ and ‘Kasoor’ to feel-good sing-alongs that turn a crowd into a chorus. Sharing the spotlight is Jonita Gandhi, the pop chameleon whose voice jumps effortlessly from Bollywood bangers to viral chart-toppers with hits like ‘What Jhumka’, ‘Chellamma’, and ‘Arabic Kuthu’. But the real game-changer? The one and only Panjabi MC, the global icon who made ‘Mundiyan To Bach Ke Rahi’ a cross-continental anthem. When those legendary beats drop, expect the dance floor to erupt. Keeping the vibe electric all night are DJ MoCity, Dynamite Disco Club Soundsystem, Nida, Gini, and Dot.

Grab your pass to the biggest beauty playground now

Snag your single-day General Access (GA) pass if you’re popping in for one day, or go all out with a three-day season pass for nonstop beauty, music, and experiences. Rolling with your squad? The Fab Four pass gets you and three friends full access, so you can explore, swatch, and slay together. And for those ready to level up, the Namrata Soni Masterclass comes with guaranteed seating and full festival access, your backstage pass to bridal glam secrets and insider tips.

Beyond the beats, Nykaaland is a multisensory celebration, think interactive art installations, cultural showcases, gourmet food stations, and over 500 beauty icons. From rubbing shoulders with Bollywood A-listers to learning from industry experts who live and breathe the craft, every corner of the festival promises discovery. And with more reveals still to come, the anticipation is only building.

Over the past two editions, Nykaaland has distributed over 5 million product samples and welcomed 8000+ beauty lovers into hands-on masterclasses led by some of the biggest global names in the industry. From makeup icons like Patrick Ta, Sofia Tilbury, Romero Jennings, and Yianni Tsapatori to Bollywood stars including Katrina Kaif, Jahnvi Kapoor, Kriti Sanon, Shanaya Kapoor, Tara Sutaria, and Manushi Chhillar gracing previous editions, the festival has become synonymous with immersive experiences and celebrity-fueled excitement.

With headline performances by global artists like Jay Sean, HRVY, and Yung Raja, alongside homegrown sensations Ritviz, Kayan, Oaff & Savera, and Gurbaxx, Nykaaland effortlessly blends the worlds of beauty, fashion, and live entertainment.

As Nykaaland lands in the capital, it marks a bold new chapter in its evolution as a national cultural phenomenon – one that reflects India’s growing appetite for beauty and lifestyle experiences that are aspirational, inclusive, personal, and joyfully interactive. Bigger, bolder, and bloomier than ever before, Nykaaland is redefining how India celebrates beauty.

Follow @Nykaaland on Instagram for more!

Japanese pop phenomenon JO1, one of the most celebrated global boys group in Asia, is set to visit India for the very first time. Known for their chart-topping hits, dynamic performances, and growing global fan base, JO1’s upcoming stop in Mumbai marks a significant moment in their international journey.

During this short but exciting visit, Mame and Shosei, two of JO1’s most beloved members, will be representing the group in the city and are set to experience Mumbai’s vibrant culture and energy.

While in the city, the members are scheduled to meet with key personalities from the entertainment and cultural sectors, reinforcing JO1’s role as ambassadors of modern Japanese pop. They will also take time to experience some of Mumbai’s iconic landmarks, including the Gateway of India and Marine Drive, celebrating the city’s rich heritage.

Formed in 2019 the 11-member global boys group under Lapone Entertainment have smashed No.1 hit on the music charts with all the CDs that was sold in Japan. In 2025, they had a world tour going around 6 countries worldwide, while building a devoted global fan base. And this April they did their biggest concert in Tokyo Dome for their first time with 100,000 people in total. Also they performed at the Dodgers Stadium in LA,

JO1’s visit to India symbolises not only their rising influence in the global music scene but also the cultural bridge between Japan and India. With passionate fans already awaiting their arrival, the group’s presence is expected to create waves across the city and strengthen their bond with Indian audiences.

By: Mr. Sanjay Tripathy, CEO and Co-Founder, BRISKPE

“RBI’s Master Directions on Payment Aggregators bring much-needed clarity to the operations of online, offline, and cross-border players. By standardizing licensing, merchant due diligence, and escrow norms, the RBI has taken a decisive step to safeguard customers while enabling responsible innovation. The move also acknowledges the rising importance of seamless international payments for Indian businesses and consumers, strengthening transparency, trust, and stability across the ecosystem. With clear authorization timelines, players like us now have a predictable path to compliance and growth. Most importantly, the directive consolidates fragmented guidelines into a single framework streamlining compliance and building resilience for the entire payments industry.”

Pune, India, September 17, 2025: Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, today announced that it has been recognized as a 2025 Elevate Honors recipient in the “Growth Honor of the Year” category by Everest Group, which highlights companies with annual revenue between $1–5 billion. This acknowledgement affirms the Company’s strong growth trajectory with a commitment to driving long-term value across stakeholders.

This award recognizes Persistent’s market-leading organic, constant-currency revenue growth among publicly listed global service providers. The Elevate Honors are determined through Everest Group’s independent, analyst-driven research, with recipients chosen solely on performance merit, underscoring both differentiation and consistency in financial results. Persistent has delivered 21 sequential quarters of revenue growth, reflecting the sustained momentum behind this recognition. Persistent reported $1,470.7 million in trailing twelve-month (TTM) revenue as of Q1 FY26, with a 25.6% four-year CAGR (FY21–FY25) and a 17.4% CAGR since its IPO in 2010. Listed on the National Stock Exchange of India and the Bombay Stock Exchange, the Company has also delivered a five-year shareholder return of 1,805.2%, reflecting exceptional value creation for investors.

Persistent’s client-centric approach, deep market understanding, and the ability to capitalize on emerging technologies have fuelled its growth. Despite dynamic macroeconomic conditions, Persistent has continued to expand by delivering tangible outcomes through its AI-led, platform-driven services strategy, including differentiated offerings such as SASVA™, iAURA, and GenAI Hub. Its growth is further reinforced by a strong partner ecosystem, as well as a world-class global talent base, delivering business outcomes and stakeholder trust.

The recognition was announced at Everest Group Elevate – Dallas 2025, an inaugural gathering of leaders shaping enterprise growth, focused on driving revenue, strategy, and customer impact at scale.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent

“We thank Everest Group for this recognition, which stands as a powerful affirmation of our clients’ trust, the passion of our global team, and the strength of our partnerships. Our disciplined execution and innovation mindset, combined with our focus on AI-led, platform-driven services strategy, have powered our growth and enabled us to drive measurable outcomes for our clients. As we continue advancing toward our aspiration of becoming a $5 billion company by FY31, we remain steadfast in accelerating this momentum as we set new benchmarks for growth and performance.”

Ronak Doshi, Partner, Everest Group

“We are proud to launch the Everest Group Elevate Honors recognition program at Elevate in Dallas, Sept 2025. Elevate Honors recognitions are based on Everest Group’s independent, fact based, analyst-driven research. Honorees are selected based on objective, data-driven analysis and serves as third party validation of high performance and excellence. We congratulate Persistent Systems for their recognition in the Growth Honor of the Year (annual revenue > USD 1 to 5 billion).”