Archives 2026

Kochi, Mar 05: “Nurses are the backbone of our healthcare system, and their contribution to patient care is invaluable. At Aster DM Healthcare, we have always held the highest respect for the nursing profession and deeply recognise the dedication, commitment and compassionate care they bring to their work every single day.

We understand the concerns raised by nurses in Kerala regarding compensation and as a responsible healthcare provider, Aster DM Healthcare will fully comply with the directions on this matter and the Minimum Wages Notification issued by the Government of Kerala.

Aster has consistently aligned employee compensation with government notifications in the past. In addition to statutory wages, we extend several benefits to employees, including staff insurance coverage and other benefits as determined by the board and management from time to time.

At this juncture, I would also like to thank the nursing community for continuing to prioritise patient care even as they voice their concerns. Their professionalism and commitment during this time truly reflect the noble spirit of the nursing profession. We remain committed to creating a healthcare environment where nurses feel valued, respected, and supported.”

Sale hailed as major sign of confidence in city’s real estate market and security in UAE

Dubai, UAE, March 5:  A luxury apartment in Dubai has been sold off-plan for AED422 million, and the deal has been hailed as powerful sign of confidence in the city’s real estate market, and security in the UAE. 

The sale yesterday of the 31,201 sq ft apartment at Aman Residences Dubai on the Jumeirah Peninsula, has been confirmed by fäm Properties.

Data from DXBinteract, the data platform developed by the company in partnership with Dubai Land Department, said the transaction put the value at AED 13,525 per sq ft.

Firas Al Msaddi, CEO of fäm Properties, said: “The sale of an ultra-luxury villa at this level is particularly relevant in the current circumstances. It underlines the fact that the Dubai real estate market is structurally stronger than it has ever been.

“Over 70% of transactions are now end-user driven, not speculative. The buyer base is globally diversified. Mortgage activity has doubled in four years.

“The regulatory environment has matured. The UBS Global Real Estate Bubble Index rates Dubai moderate risk, while cities like Miami and Tokyo sit in the high-risk zone. The fundamentals haven’t changed overnight because of regional events.

“And of course, the enormous lengths that the UAE authorities have gone to in order to keep everyone who lives and works here safe at all times, sends out the strongest possible message to investors.

“That has long been the case, and the effect of all this is highlighted by an apartment being sold for AED422 million in the current climate, at a time when the eyes of the world are on Dubai, and the Gulf region.

“It’s a sale which says so much about the UAE as a whole, and in this case in particular, about Dubai as one of the world’s leading destinations for wealthy real estate investors.

“While headlines elsewhere paint one picture of the UAE, the reality for those of us living and working here is completely different.”

Mar 05: In a major push toward strengthening India’s artificial intelligence infrastructure, Silicon Valley-based entrepreneur Adesh Kumar Tyagi has announced a $7.7 billion commitment to develop a 1-gigawatt hyperscale AI data centre platform in Uttar Pradesh.

The project, spearheaded by his company TryfactaConnex, has been formalised through a memorandum of understanding (MoU) with the Government of Uttar Pradesh. At 1 gigawatt of planned capacity, the campus ranks among the largest AI-dedicated infrastructure commitments announced in India.

Tyagi positioned the initiative as a response to India’s rapidly accelerating AI demand, which he believes is beginning to outpace available compute and energy capacity.

“AI demand in India is growing exponentially. The constraint today is not talent or ambition — it is reliable, scalable power infrastructure,” said Tyagi. “AI infrastructure is becoming core national economic infrastructure.”

Built for AI-First Workloads

Unlike traditional data centres that were retrofitted for AI applications, the proposed campus is being designed specifically for high-density AI workloads, with planned power densities ranging from 80 to 120 kilowatts per rack. The modular design will allow the facility to adapt to successive chip generations while deploying hybrid and liquid cooling systems to optimise performance and efficiency at scale.
A key differentiator of the project is its integrated energy planning model. Instead of relying solely on grid connectivity, the infrastructure roadmap envisions a diversified energy backbone combining grid power, solar integration, gas-based systems, battery storage, and future-ready options aligned with evolving nuclear energy frameworks.

Industry experts note that as AI models grow in scale and complexity, dependable base-load energy is becoming as critical as compute capability itself.

Strategic Location Advantage

Uttar Pradesh has been actively positioning itself as a destination for large-scale digital infrastructure investments, supported by policy incentives, improving power availability, and enhanced connectivity.
With demand in northern India — particularly around the NCR corridor — projected to rise significantly in the coming years, the state offers both geographic and infrastructure advantages for hyperscale deployment.

The 1-GW campus will be developed in phased blocks, allowing capital deployment and infrastructure build-out to align with demand growth and long-lead equipment procurement cycles.

Broader Economic and Global Context

Headquartered in Silicon Valley, TryfactaConnex is advancing AI infrastructure strategies across the United States, India, and Brazil. The India project forms a central pillar of the company’s broader vision to build globally distributed, sovereign AI capacity capable of supporting hyperscalers, enterprises, and national AI programmes.

Beyond computing capacity, the project is expected to generate high-value employment, enable advanced technology skill development, and strengthen India’s domestic AI ecosystem by reducing reliance on overseas infrastructure.

“In the AI economy, uptime equals economic advantage,” Tyagi added. “When compute becomes reliably available at scale, it unlocks innovation across sectors.”

As artificial intelligence increasingly shapes economic competitiveness, infrastructure investments of this scale signal a larger shift: hyperscale AI facilities are no longer peripheral assets — they are strategic national infrastructure.

With planning and financing processes underway, the TryfactaConnex campus represents a significant step in India’s ambition to emerge as a global hub for AI-driven growth.

Pune, Mar 05:  Pune, a city renowned for its youthful energy, vibrant college scene, and evolving food culture, offers a diverse range of hangout spots perfect for friends, colleagues, and families. From cosy cafés to lively restaurants, Pune’s food and beverage scene caters to every mood, occasion, and budget, making it a go-to destination for socialising and relaxation.

 Here are five must-visit hangout spots in Pune:

1. Burger Singh – India’s Desi Burger Favourite
Known for its uniquely Indian twist on classic burgers, Burger Singh is a hit among students and young professionals. Bold spices, playful names, and local flavours make it perfect for casual group hangouts. Its friendly ambience, prompt service, and pocket-friendly pricing ensure a satisfying and fun experience.

2. Starbucks – Premium Café Culture
Starbucks is more than just coffee; it’s a hub for group study sessions, brainstorming meetings, or long chats with friends. Its cozy interiors, consistent service, and welcoming atmosphere make it a preferred spot for those seeking a calm, premium café experience in Pune.

3. McDonald’s – The All-Time Favourite
With outlets across the city, McDonald’s remains a reliable choice for families, students, and friend groups. Known for quick service, familiar menu options, and budget-friendly combos, it is a convenient and hassle-free option for casual hangouts.

4. Social – The Trendy Hangout Spot
Social blends café culture with contemporary vibes, offering a creative menu, signature drinks, and eclectic interiors. Popular among young professionals and students, it is ideal for casual meet-ups, evening hangouts, and brainstorming sessions in a lively and modern setting.

5. Barbeque Nation – For Group Celebrations
Barbeque Nation is perfect for large gatherings, birthdays, and weekend get-togethers. Its unlimited grills, buffet-style offerings, and interactive live-grill concept make dining a social and memorable experience, where guests can enjoy food cooked to their preference.

Practical, fun, and social, Pune’s hangout spots cater to a wide spectrum of tastes and experiences, encouraging connections over good food and great company. Whether you are looking for a relaxed café session or a lively group celebration, the city has something for everyone.

Jonas Field

Amsterdam, Mar 5: PPDS, the exclusive global provider of Philips Professional Displays and complementary solutions, is excited to announce the appointment of sought-after AV professional, Jonas Field, to lead its next wave of growth in the Norwegian market.

Accepting the role of Country Sales Manager for Philips Professional Displays, Jonas brings more than 10 years of hands on, top tier AV/IT knowledge and experience, and is a highly regarded and commercially driven industry professional. Throughout his career, he has built strong relationships across the channel, including distributors, integrators, consultants, and end customers.

Based in Oslo, and reporting to Roeland Scholten, PPDS Sales Director for Benelux and Nordics, Jonas will take ownership of the commercial strategy for Philips Professional Displays in Norway. His focus will include expanding distributor partnerships, increasing brand visibility within the channel, supporting partners with targeted go to market initiatives, and driving market share growth across key verticals.

Total market solutions 

Jonas joins PPDS as the AV market in Norway continues to flourish, with rising demand for high quality AV solutions in markets such as corporate, education, and entertainment due to a growing need for video conferencing, digital signage, and live event production, including LED.

PPDS has maintained an upward trajectory in the country – and the Nordics region – in recent years, with sales of Philips digital signage, ePaper, interactive displays, and dvLED surpassing expectations, while Philips hotel TVs continue to be firmly established as a brand of choice for the hospitality industry. Sister brand, AOC, was also recently named as Norway’s market leader for home and office monitors.

Jonas will work closely with the full AV channel, including distributors, system integrators, AV/IT teams, designers/architects, among others, to identify new market and project opportunities, ensuring PPDS remains a key choice for tenders, big and small, across all market verticals, including retail, corporate, hospitality, transportation, control rooms, public venues, and broadcast.

Seizing opportunity

Discussing his appointment, Jonas commented: “PPDS has become a major force in Norway, and I am excited to seize this opportunity to join such a flexible and forward thinking company with a great team. I believe that, with my skillset and understanding of the market, backed by the incredible portfolio of Philips Professional Displays and associated software and solutions, together we can achieve great things.”

 Roeland Scholten added: “In a competitive market, we need strong leaders and personalities to move forward and get where we want to be. Jonas has an impeccable background, working at some of the industry’s most established manufacturers and distributors, and has demonstrated from day one that he is the right fit for PPDS, sharing our values and ambitions. I am delighted to welcome Jonas to the team.”

Mumbai, Mar 5: Mr. Ishwar Chand Agarwal, Executive Chairman and Founder of Genus Group of Companies and Genus Power Infrastructure, India’s leading end-to-end energy measurement solutions provider, has been felicitated with the prestigious Hurun Industry Achievement Award 2025-26 for his visionary leadership and pioneering contribution to India’s energy and electronics manufacturing ecosystem.

 Presented at India’s Most Respected Entrepreneurs Awards, the recognition celebrates entrepreneurs who have not only achieved scale but also shaped industries through innovation and long-term value creation. Mr. Agarwal’s felicitation alongside India’s most eminent industrialists acknowledges his five-decade long journey of building indigenous technology capabilities and transforming the country’s power distribution landscape.

From humble beginnings, Mr. Agarwal founded Genus with a clear mission: to place Indian engineering and electronics manufacturing at the forefront of critical infrastructure. Across a distinguished 50-year journey, his leadership has steered Genus from a single-product enterprise into a globally competitive, diversified energy solutions group, anchored in innovation, operational discipline, and sustainable long-term value creation. With deep and diverse experience across industries including coke, coal, sugar, finance, cement, paper, power, electronics, apparel and agro-processing, and with specialized expertise in power infrastructure; he brings a proven record of business turnarounds, value-accretive acquisitions and R&D-led growth.

Mr. Agarwal established Genus Power Infrastructure in Jaipur in 1996, and under his stewardship, Genus Group of Companies has consistently navigated industry cycles and thrived through strategic foresight, technology-led innovation with a deep understanding of utility economics. Indigenous ‘Made in India’ manufacturing coupled with large-scale employment generation, has been central to Mr. Agarwal’s vision and remains deeply embedded in the Group’s philosophy. Today, Genus Group provides over 25,000 direct and indirect employment opportunities, contributing significantly to nation’s economic and social development.

Commenting on the recognition, Mr. Ishwar Chand Agarwal, Founding Chairman, Genus Power Infrastructures Ltd., said,

“This honour is deeply humbling, and belongs to the Genus institution we have built that is deeply rooted in Indian innovation, powered by our people and dedicated towards nation-building. Our journey began with a simple belief that India must build its own world-class electronics and power infrastructure solutions. We pioneered electronic metering long before the industry recognized the shift. Every milestone since then has been powered by the dedication of our people and the trust of our stakeholders. As India’s energy landscape evolves, we remain committed to innovation that drives sustainable progress while enabling large-scale employment across our value chain.”

A long-standing champion of indigenous electronics manufacturing, Mr. Agarwal advocated local design and production decades before ‘Make in India’ became a national movement. His foresight in advancing electronic and smart metering has been pivotal in the evolution of India’s power distribution reforms and digital grid architecture.

Under his leadership, Genus Power has achieved several industry-first milestones. Most recently, the company surpassed the deployment of over one crore smart meters under the Government of India’s National Smart Grid Mission, reinforcing its position as one of the country’s most trusted and scalable smart metering technology provider. Mr. Agarwal’s recognition at Hurun Industry Achievement Award 2025-26 not only celebrates his personal legacy but also reaffirms Genus Power’s role as a champion for indigenous innovation, sustainable technology and transformative impact across India’s energy sector.

Mumbai, Mar 5: BSE Limited reported that it received 113 investor complaints against 94 companies during February 2026. In the same period, the exchange successfully resolved 150 complaints involving 114 companies, including complaints carried forward from previous months.

The resolution of these complaints reflects BSE’s continued efforts to address investor grievances and maintain transparency and accountability within the capital markets.

However, as of February 28, 2026, a few companies still have complaints pending for redressal for more than one month. The top three companies with pending complaints are:

BSE continues to monitor investor complaints closely and encourages listed companies to resolve grievances promptly to ensure effective investor protection and confidence in the market.