Archives 2025

OPG Mobility Launches the ‘Silent Miles Referral Program

New Delhi, 08th February 2025: OPG Mobility (formerly known as Okaya EV), a trusted name in the electric mobility sector, has launched a one-of-its-kind scheme – the Silent Miles Referral Program Exclusively for its community Owners. This unique initiative gives its customers a chance to earn cashback on every successful referral.

Under this program, Ferrato owners can instantly earn ₹1,000 by sharing their unique referral code with a friend who purchases a Ferrato electric two-wheeler. Both the referrer and the referred individual receive an instant bank credit upon successful retail purchase. The referral process is seamless, customers can simply share their unique code via WhatsApp or email and earn instant cashback rewards for every successful referral. With no cap on the number of referrals, customers can keep earning as they expand India’s green mobility revolution.

Customers can share their unique referral code via WhatsApp or email to start earning rewards with each successful referral. This initiative is a great way to promote the widespread adoption of sustainable mobility solutions in the growing electric vehicle market. With no limit to the number of referrals that can be made, it enables customers to refer as many friends as they like, benefiting from every successful purchase.

OPG Mobility recently unveiled the Ferrato ‘DEFY 22’, an all-new electric scooter introduced at the Bharat Mobility Global Expo 2025 on 17th Jan.’25. Designed for the modern Indian rider, DEFY 22 blends cutting-edge performance, safety, and stylish design, all while being affordable and eco-friendly. With this latest addition to the Ferrato lineup, customers now have even more options to switch to electric mobility while benefiting from the Silent Miles rewards program.

“Our customers are at the heart of everything we do, and the Silent Miles Referral Program is our way of recognizing their commitment to sustainable mobility,” said Anshul Gupta, Managing Director, of OPG Mobility. “This initiative is not just about referrals, it’s about building a movement. By rewarding our loyal customers for championing electric mobility, we are fostering a strong, engaged community that shares our passion for innovation, performance, and a greener future.”

The referral program is open to all Ferrato two-wheeler owners aged 18 and above who are Indian citizens. Cashback is credited instantly upon the successful referral and purchase of a Ferrato two-wheeler.

LatentView Analytics Q3FY25: 37.5 Percent YoY Growth, 22.1 Percent EBITDA Margin

Chennai, India – February 08, 2025: LatentView Analytics Limited (BSE: 543398, NSE: LATENTVIEW), a global data analytics, consulting, and solutions firm, today announced its financial results for the third quarter of FY25, which ended on December 31, 2024.

Commenting on the results, Rajan Sethuraman, Chief Executive Officer, of LatentView Analytics, said, “We are pleased to announce our 8th consecutive quarter of revenue growth, with 9.0% QoQ and 37.5% YoY increase. This strong performance was driven by momentum in consulting, GenAI projects, and new client wins. This quarter marked several significant milestones, including a $3.2Mn engagement win, our highest value single contract with our largest client, reinforcing our strategic partnership and client centricity. Additionally, we also onboarded 9 new clients, including 3 former clients, indicating strong business momentum and improved market sentiment. During 9MFY25, we won 10 GenAI projects, and we continue to invest in building our GenAI capabilities. Notably, our financial services vertical witnessed a significant growth of 62% on a YoY basis during the quarter. As we enter FY26, we remain committed to deepening our client relationships, leveraging cutting-edge technologies, and capitalizing on emerging opportunities to drive growth momentum. ˮ

Rajan Venkatesan, Chief Financial Officer, of LatentView Analytics, said,
“For Q3FY25, we reported a total operating revenue of ₹2,278 million with an adjusted EBITDA margin of 26.1%. This margin is before factoring in acquisition-related costs and non-operating forex losses (primarily associated with intra-group loans). On an adjusted basis, our EBITDA margin improved by 360bps on a QoQ basis. As of December 31, 2024, our headcount stood at 1,622 and investments remained strong at ₹10,498 million, reflecting our financial stability and continued operational strength. ˮ

Large Deal Win
LatentView has secured a $3.2Mn deal with a multinational technology company to partner with their Analytics and Decision Support team. The project involves delivering a unified and scalable business intelligence, and data engineering solution to streamline operations and improve decision-making.

Select Key Client Wins in Q3FY25

  • For a leading US telecommunications company, we are developing automated machine learning frameworks to improve network reliability through early detection of bandwidth bottlenecks.
  • For a hi-tech manufacturing company in the oil and gas segment, we are supporting their digital transformation to improve product reliability, costs, and customer and employee experience.
  • We are aiding an American multinational data center and communication network infrastructure provider to better align their web content strategy with trend spotting and consumer preferences.
  • For a leading consumer sales and marketing agency, we are delivering precise sales forecasting using AI/ML and our ConnectedView accelerators.
  • We are developing a guest lifetime value prediction model for a leading US-based cruise line to forecast customer spending behavior, driving revenue growth, and enhancing customer loyalty.

Other key highlights:

  • Remadevi Thottathil (Rema) has been appointed as the Chief Human Resources Officer, reinforcing our commitment to driving growth through the strength and talent of our people.
  • We hosted the 18th edition of the LatentView Roundtable, Hype to Hypergrowth – Deriving ROI from AI, in the Bay Area.
  • Marking the third year of LatentViewʼs IPO, we held our first Investor Day, titled EvoLV, in Mumbai in November.

Other major events were Datanomics: Powering CX 2.0 in Financial Services with GenAI, New Jersey, AI Risk G Reward: Navigating the Business Landscape, Germany, and Game Off Shores: Get Your Analytics and AI Forces Together in Bengaluru.

CREDAI Hyderabad Expresses Gratitude to RBI Governor for Rate Cut

Mr. V Rajashekar Reddy,

Hyderabad: 08th February 2025: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for the recent decision to cut the repo rate by 25 basis points to 6.25%. This timely move is pivotal for the Indian economy, especially for homebuyers and the housing industry.

The decision comes at a crucial juncture when the economy is seeking renewed momentum. By lowering interest rates, the RBI is not only aiding consumption but also providing much-needed relief to borrowers, particularly first-time homebuyers. This rate cut, coupled with the recent tax relief measures announced in the Union Budget, creates a favorable environment for increased housing demand and encourages developers to launch new projects.

As the housing sector plays a vital role in driving economic growth, this initiative is expected to stimulate demand and enhance affordability for homebuyers. The anticipated boost in household consumption, alongside moderating inflation and improved employment conditions, sets a positive outlook for the housing industry.

CREDAI Hyderabad is optimistic that these measures will lead to a flourishing housing market, contributing significantly to the overall economic recovery. We appreciate the RBI’s proactive approach in aligning monetary policy with the needs of the economy and supporting the aspirations of homebuyers.

We look forward to working together with all stakeholders to ensure that the benefits of these initiatives translate into real opportunities for the community.

Budget 2025- RSK Business Solutions

by Mr. Praveen Joshi, Managing Director of RSK Business Solutions

Mr. Praveen Joshi, Managing Director of RSK Business Solutions – The ₹95,298 crore allocation for IT and telecom in Budget 2025 is a strategic step towards establishing India as a global leader in digital innovation. As technology evolves rapidly and the demand for connectivity intensifies, this investment is crucial for upgrading infrastructure and building technological advancements. The funding will not only drive the development of next-gen networks and digital platforms but also fuel the growth of key sectors such as AI, 5G, and cloud computing. This allocation is a testament to India’s commitment to advancing its digital ecosystem and ensuring robust connectivity for a tech-driven future.

Hope on Wheels: Karma Foundation Launches Food Truck for the Underprivileged

Ahmedabad, February 8: In a significant step towards fighting hunger and malnutrition, Karma Foundation, has launched its Food Truck Project. The initiative, supported by NK Proteins and Nila Infrastructure, aims to provide free, nutritious, hygienically prepared meals to underprivileged children and homeless individuals across Ahmedabad.

With a strong commitment to ensuring food security for the city’s most vulnerable communities, the Food Truck Project will serve freshly cooked meals daily in pre-selected locations where hunger is most prevalent. Initially, the Foundation aims to feed at least 200 individuals per day, with a vision to scale up the initiative in the coming months.

Ms. Priyanshi Patel, Founder and Managing Trustee of Karma Foundation, said, “Our primary goal is to feed underprivileged children and homeless individuals, ensuring they receive nutritious meals to sustain their health and well-being. Through this initiative, Karma Foundation envisions a community where hunger is no longer a barrier to living a dignified life and where every meal contributes to building a healthier, more hopeful society.”

The food truck will operate daily, visiting selected locations across Ahmedabad to distribute nutritious meals. The initiative focuses on reaching children from slum areas and homeless individuals, ensuring they have access to balanced meals that support their health and development.

Beyond addressing hunger, the Food Truck Project emphasizes sustainability and the efficient use of resources. Any surplus food after serving designated locations will be distributed to other roadside individuals, ensuring no meal goes to waste. The initiative is designed to create a long-term impact by not only feeding those in need but also promoting a healthier community. Proper nutrition plays a crucial role in the physical and cognitive development of children, directly influencing their ability to learn and thrive.

With its dedication to social impact, Karma Foundation envisions a future where hunger is eradicated, and every person has access to nutritious food. The Food Truck Project is a step towards that vision, ensuring that every meal serves as a source of nourishment, dignity, and hope.

Mujtaba Hasan Askari Appointed Telangana State Head for Healthcare – AIPC

Hyderabad, 8th February 2025: Mujtaba Hasan Askari has been appointed as the Telangana State Head for the Healthcare Professionals Domain under the All-India Professionals Congress (AIPC). He expressed his gratitude to Praveen Chakravarty, Chairman of AIPC, for entrusting him with this responsibility.

In this role, Mujtaba will focus on addressing the concerns of healthcare professionals particularly the Frontline health workers like Asha, ANMs, Emergency Paramedical staff, etc across Telangana and working with the state government to ensure effective solutions. His work will encompass various sectors, including medical and dental practitioners, nursing and allied health professionals, mental health experts, emergency and critical care teams, alternative medicine practitioners, and veterinary professionals. His efforts will be directed toward ensuring that healthcare professionals receive the necessary support.

Mujtaba Hasan Askari is the Founder & Trustee of the Helping Hand Foundation (HHF). Leaving his lucrative career at Infosys Technologies, he dedicated his life to public health and social development. He brings to the table 14 years of IT experience and 18 years in the development sector. He has worked with a mission of making healthcare accessible, equitable, and affordable for the common man by strengthening the public health systems.

He thus set up Help Desk systems with 13 state-run hospitals to enhance patient care services, & later through international charities & local CSR grants set up 20+ urban primary health centers, serving 6-7 lakh poor citizens annually, covering a catchment of 100 plus Urban and Peri Urban slums.

Health is a social good and a fundamental right. Strengthening the public health systems to address health inequities is an acute need in a country like ours. In the responsibility bestowed on me by the AIPC, I would act as the voice of the health professionals particularly the frontline health workers, like the ASHA, ANMs, emergency paramedical staff, rural health practitioners, Ayush health workers, etc. Improving health services by empowering these workers will improve public trust and health delivery, said Mujtaba Hasan Askari – State Head for Health Care Professionals, AIPC.

The All-India Professionals Congress (AIPC) is a platform for professionals from diverse fields who are committed to nation-building and progressive policymaking. As a specialized department of the Indian National Congress, AIPC provides a structured forum for professionals to contribute to governance, policy discussions, and socio-economic reforms. It fosters engagement among doctors, engineers, lawyers, academicians, entrepreneurs, and other experts to drive positive change in society. By empowering professionals like Mujtaba Hasan Askari, AIPC continues to strengthen its role in shaping policies that impact healthcare, education, economic growth, and social justice across India.

Indian Paracyclists Shine at Asian Road & Paracycling Championship at Thailand

Hyderabad, 8th February 2025: India’s paracyclists have once again brought glory to the nation by delivering outstanding performances on Day 1 of the Asian Road & Paracycling Championship held in Phichit, Thailand. Representing various states of India, these exceptional para-athletes showcased unparalleled determination, skill, and resilience, winning hearts and accolades on the international stage.

The Indian contingent displayed a remarkable performance, securing 4 medals, including 1 Gold, 2 Silver, and 1 Bronze, against some of the toughest competitors from across Asia.

Winners from India

  •  Jyoti Gaderiya from Maharashtra, won Gold in the Individual Time Travel – Women’s C2 Category.
  •  Arshad Shaik from Andhra Pradesh clinched Silver in the Individual Time Travel – Men’s C2 Category.
  •  Jalaluddin Ansari from Bihar clinched Bronze in the Individual Time Travel – Men’s C2 Category.
  •  Prashant Arkal from Maharashtra clinched Silver in the Individual Time Travel – Men’s Handcycling H4 Category.

Statements from the Athletes

Para-athletes expressed their happy emotions about the victory and their gratitude towards supporters, support staff, and the country

Support and Mentorship

The victory is a testament to the para-athletes’ hard work, the guidance of their coach Mr. Aditya Mehta & the support staff at Aditya Mehta Foundation, and the relentless support from organizations like the Invesco, Aditya Mehta Foundation, Alcon, GMMCO. These organizations have been pivotal in providing access to training, equipment, and rehabilitation services for India’s para-athletes.

Future Plans

These victories mark a significant milestone in Indian parasports and serve as a stepping stone towards preparing for larger platforms like the World Championships and the Paralympics 2028.

RBI Monetary Policy by Mr. V. P. Nandakumar, MD & CEO, Manappuram Finance Limited

Mr. V. P. Nandakumar

by Mr. V. P. Nandakumar, MD & CEO, Manappuram Finance Limited
“The RBI’s 25 basis point cut in the repo rate to 6.25%, after five years marks a pivotal move to boost liquidity in the financial system. With the Standing Deposit Facility now at 6% from 6.25% and the Marginal Standing Facility and Bank rates at 6.50%, this decision is expected to ease borrowing costs and fuel credit demand. It offers a timely boost for sectors such as housing, MSMEs, and consumer finance, positively impacting individuals and businesses in their growth journeys.”

Indulge in Burgrill’s Saucy Valentine’s Special Burgers

Who needs roses when you can have burgers? This Valentine’s, let Burgrill be your ultimate comfort with mouthwatering burgers, crispy fries, and refreshing sips. The limited-edition menu is to make your day extra delicious & promises a perfect feast for every kind of love story.

Valentine's PNG

This Valentine’s Day, let love and flavors take center stage! Whether you’re in a situation, getting ghosted, or simply celebrating self-love, Burgrill has the perfect meal for every kind of love story. Hog on the specially curated Valentine’s combos, packed with juicy burgers & crispy fries.

The Situationship Meal – Mixed signals but bold flavors! Enjoy 2 Grilled Chicken Burgers, Portuguese Fries & 2 Pepsi cans, no labels, just good vibes.

The Ghosting Meal – Left on read? Let 2 Ultimate Snacker Burgers, Portuguese Fries & 2 Pepsi cans comfort you because great food never ghosts!

⚖️ The Benching Meal – Not the first choice? Your meal is! Enjoy 2 Chicken Quarter Pounder Burgers, Portuguese Fries & 2 Pepsi cans, and stay in the game.

The Orbiting Meal –They watch, react, but never text? Grab 2 Cheesy Cheddar Paneer Burgers, Portuguese Fries & 2 Pepsi cans at least your meal is worth it!

Views on Rate cut | Aadhar Housing, hBits & Vested Finance

Rishi Anand, MD & CEO, Aadhar Housing Finance Limited

“Today’s rate cut by 25 basis points after a gap of nearly five years is much in line with our expectations and set to provide overall support as well as be a catalyst to growth enablers outlined in the recent union budget. The benefits of this rate cut will begin to accrue on an immediate basis and are expected to be fully realized in the next 3 to 6 months, benefiting customers. This step is in the right direction aligning with the sustained central bank assurance of proactive liquidity support and allay concerns of liquidity crunch, thereby accelerating growth.”

Samir Bhandari, Co-founder, CFO, hBits

“The RBI’s decision to cut the repo rate by 25 bps to 6.25 % for the first time in 5 years underscores its commitment to financial stability while balancing inflation and growth. This is particularly significant for commercial real estate investors, as it ensures access to capital at predictable costs, allowing for long-term strategic investments in premium assets. With inflationary pressures moderating and liquidity remaining steady, investor confidence in structured real estate investments, including fractional ownership, is expected to strengthen. At hBits, we see this as a positive shift, as more institutional and retail investors look for stable, inflation-hedged assets with strong rental yields. Given the global economic uncertainties, commercial real estate remains a resilient and income-generating asset class, and the RBI’s policy direction will play a key role in shaping future investment trends in this space.”

Viram Shah, Founder & CEO, Vested Finance

“RBI’s decision to cut rates is in line with expectations. The dovish stance follows most global major central banks that have also cut rates or have shown an indication to do so. The rate cut will likely further narrow the US-India bond yield spread which is already at a 20-year low, making the US bonds more attractive for foreign investors. This may lead to more outflows in coming months leading to investments in US bonds and stock markets. A weak rupee also makes a case for investing in US markets as investors will benefit from the strong dollar. At the time the Indian market has been struggling, investors should consider investing in global equities, especially US-listed, as they may not just provide alpha but also help diversify their portfolio. Domestic focused stocks in the US, such as utilities, steelmakers, etc. look attractive.”