IQM and Real Asset Acquisition Corp. Announce Confidential Submission of Draft Registration Statement on Form F-4 in Connection With Proposed Business Combination

Business Wire India

IQM Finland Oy, a global leader in deployed on-premises, full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”), and Real Asset Acquisition Corp., a special purpose acquisition company (Nasdaq: RAAQ) (“RAAQ”), today announced the confidential submission of the draft registration statement on Form F-4 (the “Registration Statement”) filed by IQM with the U.S. Securities and Exchange Commission (“SEC”) relating to their proposed business combination.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407372076/en/

 

 

IQM Quantum Computers

IQM Quantum Computers

 

The submission of the Registration Statement marks an important milestone toward the completion of the proposed business combination, which will result in IQM becoming a publicly traded company.

 

The business combination remains subject to approval by RAAQ shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions. The business combination is expected to close in mid-2026.

 

 

IQM operates a vertically integrated business model, boasting a unique combination of proprietary infrastructure from its own chip design tool and software developer platform to a quantum chip fab, assembly line and data centre, allowing the company to accelerate its innovation cycles, deliver best-in-class quantum computing to its customers and enabling the quantum ecosystem to grow.

 

 

About IQM Quantum Computers

 

 

IQM Finland Oy (“IQM”, “IQM Quantum Computers”, “Company”) is a global leader in superconducting quantum computers, delivering full-stack quantum systems and cloud platform access to research institutions, universities, high-performance computing centres, and national laboratories worldwide. IQM’s on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018, headquartered in Finland, IQM has over 350 employees. IQM operates across Europe, Asia, and North America and has announced its plans to become the first publicly listed European quantum company on a major U.S. stock exchange and considering dual listing on the Helsinki Stock Exchange.

 

 

Additional Information About the Proposed Business Combination and Where to Find It

 

 

In connection with the proposed business combination between IQM and RAAQ, IQM has confidentially submitted and intends to publicly file with the SEC a registration statement on Form F-4 (the “Registration Statement”), which will include a preliminary proxy statement of RAAQ and a preliminary prospectus of IQM. After the Registration Statement is declared effective by the SEC, RAAQ will mail the definitive proxy statement/prospectus relating to the proposed business combination to its shareholders as of a record date to be established for voting at the extraordinary general meeting of its shareholders (the “Extraordinary General Meeting”). The Registration Statement, including the proxy statement/prospectus contained therein, will contain important information about the proposed business combination and the other matters to be voted upon at the Extraordinary General Meeting. This communication does not contain all the information that should be considered concerning the proposed business combination and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. RAAQ and IQM may also file other documents with the SEC regarding the proposed business combination. RAAQ’s shareholders and other interested persons are advised to read, when available, the Registration Statement, including the preliminary proxy statement/prospectus contained therein, the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed business combination, as these materials will contain important information about RAAQ, IQM and the proposed business combination. Shareholders of RAAQ may obtain copies of the Registration Statement, including the preliminary or definitive proxy statement/prospectus contained therein, and the other documents filed or that will be filed by RAAQ and IQM with the SEC, once available, without charge, at the SEC’s website located at www.sec.gov.

 

 

Forward-Looking Statements

 

 

This communication includes “forward-looking statements” within the meaning of the U.S. federal securities laws and “forward-looking information” within the meaning of applicable non-U.S. securities laws (collectively, “forward-looking statements”). Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are based upon current estimates and assumptions that, while considered reasonable by IQM and its management, and RAAQ and its management, as the case may be, are inherently uncertain. These statements include: the successful consummation and potential benefits of the proposed business combination and expectations related to its terms and timing; the stock exchanges on which the securities of IQM are expected to trade; IQM’s ability to commercialize its hardware and software; the expectation that IQM is building the infrastructure that allows quantum ecosystems to grow; and the potential for IQM to increase in value.

 

 

These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of IQM and RAAQ.

 

 

These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause the actual results of IQM proposed business combination, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such statements. Such risks and uncertainties include: that IQM is pursuing an emerging technology, which faces significant technical challenges and may not achieve commercialization or market acceptance; IQM’s historical net losses and limited operating history; IQM’s expectations regarding future financial performance, capital requirements and unit economics; IQM’s use and reporting of business and operational metrics; IQM’s competitive landscape; IQM’s dependence on members of its senior management and its ability to attract and retain qualified personnel; the potential need for additional future financing; IQM’s concentration of revenue in contracts with government or state-funded entities; IQM’s ability to manage growth and expand its operations; potential future acquisitions or investments in companies, products, services or technologies; IQM’s reliance on strategic partners and other third parties; IQM’s ability to maintain, protect and defend its intellectual property rights; risks associated with privacy, data protection or cybersecurity incidents and related regulations; the use, rate of adoption and regulation of artificial intelligence and machine learning; uncertainty or changes with respect to laws and regulations; uncertainty or changes with respect to taxes, trade conditions and the macroeconomic environment; IQM’s ability to maintain internal control over financial reporting and operate a public company; the possibility that required shareholder and regulatory approvals for the proposed business combination are delayed or are not obtained, which could adversely affect the combined company or the expected benefits of the proposed business combination; the risk that shareholders of RAAQ could elect to have their shares redeemed, leaving the combined company with insufficient cash to execute its business plans; the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; the outcome of any legal proceedings or government investigations that may be commenced against IQM or RAAQ; failure to realize the anticipated benefits of the proposed business combination; the ability of IQM to issue equity or equity-linked securities in connection with the proposed business combination or in the future; and other factors described in RAAQ’s and IQM’s filings with the SEC. These forward-looking statements are based on certain assumptions, including that none of the risks identified above materialize; that there are no unforeseen changes to economic and market conditions, and that no significant events occur outside the ordinary course of business. Additional information concerning these and other factors that may impact such forward-looking statements can be found in filings made and to be made by IQM and RAAQ with the SEC, including under the heading “Risk Factors.” If any of these risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, these statements reflect the expectations, plans and forecasts of IQM’s and RAAQ’s management as of the date of this communication; subsequent events and developments may cause their assessments to change. While IQM and RAAQ may elect to update these forward-looking statements at some point in the future, they specifically disclaim any obligation to do so, unless required by applicable securities laws. Accordingly, undue reliance should not be placed upon these statements.

 

 

In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements. An investment in RAAQ is not an investment in any of RAAQ’s founders’ or sponsors’ past investments, companies, or affiliated funds. The historical results of those investments are not indicative of future performance of RAAQ, which may differ materially from the performance of RAAQ’s founders’ or sponsors’ past investments.

 

 

Participants in the Solicitation

 

 

RAAQ, IQM and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from RAAQ’s shareholders in connection with the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of RAAQ’s shareholders in connection with the proposed business combination will be set forth in the Registration Statement, including the proxy statement/prospectus contained therein, when it is filed with the SEC. You can find more information about RAAQ’s directors and executive officers in RAAQ’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 3, 2026, and in the subsequent filings made by RAAQ with the SEC. Shareholders, potential investors, and other interested persons should read the Registration Statement, including the proxy statement/prospectus contained therein, carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.

 

 

No Offer or Solicitation

 

 

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction, including any European Economic Area member state or the United Kingdom. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. Any potential dual listing of IQM’s ordinary shares on the Helsinki Stock Exchange referred to in this communication would be made by means of a prospectus as set out in the EU Prospectus Regulation. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

 

 

 

 

 

OLX India Appoints Varun Sanghi as Non-Executive Chairman

Mumbai, Apr 07: Sobek Auto India Private Limited (“OLX India”) material wholly owned subsidiary of the Company, today announced the appointment of Mr. Varun Sanghi as Non– Executive Chairman.

Mr. Sanghi has been associated with CarTrade Tech Limited for over a decade and currently serves as Chief Strategy Officer, where he has been instrumental in shaping the Company’s strategic direction and driving key growth initiatives across the group.

Over the years, Mr. Sanghi has played a pivotal role across multiple areas, including corporate finance, business development, product development and strategic investments. He was a key member of the leadership team involved in the acquisition of OLX India in 2023 and has since been instrumental in leading post-integration initiatives, accelerating growth and building the platform at scale. He also leads CarTrade Labs, the Company’s innovation and technology hub, focused on building next-generation digital solutions and driving product innovation.

Mr. Sanghi’s contributions have been widely recognized, including being featured in Forbes India’s 30 Under 30 list and Business World’s 40 Under 40 – Auto Industry Leaders.

As Chairman of OLX India, Mr. Sanghi will provide strategic insights and work closely with the Board and leadership team to guide the company through its next phase of growth, with a continued focus on innovation, trust, and customer-centricity.

Varun Sanghi, Chief Strategy Officer, CarTrade Tech Limited, said: “I am honoured to take on the role of Chairman at OLX India. Having been closely involved with the business over the past few years, I have witnessed the strength of the platform and the significant opportunity ahead. Our focus will be on building a more trusted, product-led marketplace, with disciplined execution and a clear focus on long-term value for our customers and partners. I look forward to working closely with the Board and leadership team as we enter this next phase of growth.”

Moody’s Keeps India’s Rating Stable at Baa3

Global ratings agency Moody’s Investors Service has reaffirmed India’s sovereign credit rating at Baa3 with a stable outlook, reflecting confidence in the country’s economic resilience and steady growth prospects.

The agency noted that India continues to benefit from strong domestic demand, ongoing reforms, and a stable financial system, which support its overall economic outlook. At the same time, it highlighted that disciplined fiscal management and sustained policy efforts remain important for maintaining long-term stability.

The stable outlook indicates that risks to India’s growth and fiscal position are currently balanced, with the economy expected to remain on a steady path despite global uncertainties. Analysts believe this rating reinforces investor confidence and supports India’s position as a reliable destination for long-term investments.

Overall, the reaffirmation signals continued trust in India’s economic fundamentals, even as the country navigates external challenges and focuses on sustained growth.

Air India Faces Leadership Shift as CEO Campbell Wilson Steps Down

In a key development for the aviation sector, Campbell Wilson has stepped down as the Chief Executive Officer of Air India, marking a leadership transition at a crucial time for the airline.

Wilson had been at the forefront of Air India’s transformation journey following its return to private ownership. During his tenure, he worked on modernizing operations, expanding the fleet, and improving passenger experience as part of a broader effort to rebuild the airline’s global reputation.

His departure comes at a time when the airline is navigating multiple challenges, including rapid expansion, integration of services, and meeting rising customer expectations. While the exact reasons for his exit remain unclear, the move signals a shift in leadership during an important phase of growth and restructuring.

Industry experts believe that while such transitions can bring uncertainty, they also open the door for fresh direction. With strong backing and an ongoing revival plan, Air India is expected to continue its efforts to strengthen its position in both domestic and international markets.

The airline is likely to announce new leadership soon as it moves ahead with its long-term vision of becoming a world-class carrier.

Jindal Steel Leads Innovation with Coal Gasification for Sustainable Steel Production

Jindal Steel and Power has taken a major step in using domestic coal through coal gasification technology for steel production. The company has set up a Direct Reduced Iron (DRI) plant that uses syngas, making it one of the first to adopt this method at such a scale.

The syngas produced from coal is being used in operations like galvanizing and colour coating, replacing fuels such as natural gas and LPG. It has also been used to run blast furnaces, marking a new development in the steel sector.

Company officials said this approach can reduce dependence on imported fuels like methanol, ammonia, and LNG. They added that better use of India’s coal reserves can support industrial growth and help save foreign exchange.

The initiative is expected to strengthen the country’s push for self-reliance while improving efficiency in steel production.

Reckitt Accelerates Innovation with NIQ AI Insights, reporting up to 65% faster research

Business Wire India

NIQ (NYSE: NIQ), a global leader in consumer intelligence, today shared new results from Reckitt’s use of NIQ BASES AI Screener, demonstrating how AI-powered insights and synthetic data are transforming innovation speed and effectiveness. The case study highlights how Reckitt has accelerated concept development while improving performance outcomes—bringing more relevant products to market, faster.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260407069246/en/

 

 

NIQ BASES AI Screener

NIQ BASES AI Screener

 

As companies face growing pressure to innovate quickly in an increasingly complex consumer landscape, traditional research and development cycles can slow decision-making. Reckitt’s adoption of AI-powered screening reflects a broader shift toward predictive, data-driven innovation—where teams can test, refine, and optimize ideas before investing in physical development.

 

Key Results from Reckitt’s Use of NIQ BASES AI Screener:

 

 

  • 70% faster insight generation, reducing timelines from weeks to hours
  • 2–3x higher concept performance compared with prior human-developed benchmarks
  • Up to 65% reduction in research timelines and 50% lower research costs
  • 75% fewer physical prototypes required, accelerating speed to market
  • Synthetic personas based on NIQ’s proprietary consumer behavioral data and validated against human-tested concepts, enabling more reliable and regularly refreshed predictions

 

“AI is helping us do what we’ve always wanted—to learn early, fail fast, and optimize quickly,” said Dr. Elaine Rodrigo, Chief Insights & Analytics Officer at Reckitt. “The quality of what we get from NIQ BASES—especially the precision in how they build their synthetic data panel—gives us confidence that we’re basing decisions on real consumer behavior.”

 

Reckitt has embedded NIQ’s AI solutions across the early stages of its innovation process—from insights generation to concept creation and validation— supported by a large‑scale data foundation spanning multiple categories and markets. This approach enables teams to design more consumer-centric solutions while moving at significantly greater speed.

 

 

“NIQ BASES AI Screener supports teams to evaluate, screen, and optimize early ideas or concepts before proceeding to research & development. By leveraging synthetic respondents created from validated human panel data, the solution delivers predictive accuracy grounded in real consumer behavior—helping teams identify winning ideas and refine them earlier in the development cycle.”

 

 

“The companies winning today are those that can turn consumer understanding into action, faster,” said Curtis Miller, President of Enterprise and Activation Solutions at NIQ. “By combining leading data scale and granularity with advanced AI models, we’re helping clients move from ideas to decision-ready innovation with greater speed and confidence.”

 

 

This case study reflects NIQ’s broader focus on embedding AI into its core solutions—helping companies move beyond insight generation to decision systems that enable faster, smarter innovation at scale. Find out more on how AI accelerates NIQ’s The Full View.

 

 

FAQs

 

 

What is BASES AI Screener?

 

 

BASES AI Screener is an AI‑powered solution that helps teams evaluate and prioritize innovation ideas early in the development process. It uses synthetic consumer responses trained on NIQ’s proprietary consumer purchase data to deliver fast, reliable insight that supports confident decision‑making at scale.

 

 

Who can use BASES AI Screener?

 

 

BASES AI Screener is a self-service solution, designed for organizations looking to scale innovation faster and more efficiently, particularly those managing large idea pipelines.

 

 

What are the key features?

 

 

BASES AI Screener helps teams screen more ideas earlier, ground decisions in real purchase behavior, shorten insight timelines to minutes versus days without sacrificing quality, and focus investment on the highest‑potential ideas.

 

 

Is it available globally?

 

 

BASES AI Screener is currently available in select markets and categories, with expansion ongoing.

 

 

How did BASES AI Screener impact Reckitt’s innovation speed?

 

 

At Reckitt, BASES AI Screener reduced insight timelines by 70%, allowing teams to learn and iterate much faster. By identifying winning ideas earlier, Reckitt improved both speed‑to‑market and confidence in innovation decisions, while raising concept quality early in development. Read more here.

 

 

About NIQ

 

 

NielsenIQ (NYSE: NIQ) is a leading consumer intelligence company, delivering the most complete and trusted understanding of consumer buying behavior and revealing new pathways to growth. By combining an unmatched global data footprint and granular consumer and retail measurement with decades of AI modeling expertise, NIQ builds decision systems that help companies turn complex data into confident action.

 

 

With operations in more than 90 countries, NIQ covers approximately 82% of the world’s population and more than $7.4 trillion in global consumer spend. Through cloud-based platforms, advanced analytics and AI-driven insights, NIQ delivers The Full View™—helping brands and retailers understand what consumers buy, why they buy it, and what to do next.

 

 

For more information, please visit www.niq.com.

 

 

Forward Looking Statement:

 

 

This press release on NIQ BASES AI Screener, may contain forward-looking statements regarding anticipated consumer behaviors, market trends, and industry developments. These statements reflect current expectations and projections based on available data, historical patterns, and various assumptions. Words such as “expects,” “anticipates,” “projects,” “believes,” “forecasts,” “plan,” “look ahead,” “indicates”, and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future outcomes and are subject to inherent uncertainties, including changes in consumer preferences, economic conditions, technological advancements, and competitive dynamics. Actual results may differ materially from those expressed or implied in these statements. While we strive to base our insights on reliable data and sound methodologies, we undertake no obligation to update any forward-looking statements to reflect future events or circumstances, except to the extent required by applicable law.

 

 

© 2026 Nielsen Consumer LLC. All Rights Reserved.

 

 

NIQ-GENERAL

 

 

 

 

 

Merck Foundation CEO Together With African and Asian First Ladies Mark World Health Day 2026 by Providing Over 2,600 Scholarships for Healthcare Providers Across Africa and Asia

Business Wire India

Merck Foundation, the philanthropic arm of Merck KGaA Germany commemorates World Health Day 2026 in partnership with First Ladies of African and Asian Countries, who are also the Ambassadors of Merck Foundation “More Than a Mother” Campaign, with a strong reaffirmation of its commitment to improving and revolutionizing healthcare access across Africa, Asia and beyond through their Scholarships and Capacity Building Program.

Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation, shared, “At Merck Foundation, we remain committed to transforming the patient care landscape and improving access to quality and equitable healthcare solutions across Africa, Asia, and beyond. For the past 14 years, we have marked World Health Day every day through our ongoing efforts to build healthcare capacity in underserved communities.

I am proud to share that we have provided more than 2,600 scholarships for young healthcare providers from 52 countries in 44 critical and underserved medical specialties. Through these scholarships, many of our Merck Foundation alumni are becoming the first-ever specialists in their respective fields in their countries, including Namibia, Liberia, The Gambia, Burundi, Malawi, Sierra Leone, Zambia, Guinea, Ethiopia, Congo, Nepal, Bangladesh, and Zimbabwe, among others.”

“This is truly history in the making, and we are proud to be a part of Africa’s legacy by empowering a new generation of healthcare specialists who will serve generations to come,” added Dr. Kelej.

As you all know, the lack of financial resources is not the only challenge facing Africa. A far more pressing issue is the scarcity of trained healthcare providers capable of effectively preventing, diagnosing, and managing diseases.

This sweeping shortage of medical and healthcare personnel has been one of the most critical barriers to access to quality healthcare across the continent.

As per the WHO 2021 report, the African region has 24% of the world’s disease burden, whereas there are only 2.9 healthcare workers per 1000 capita. This gap has a profound impact on health outcomes.

Therefore, the Merck Foundation scholarships are highly significant, as they provide doctors with specialized training, helping to bridge healthcare gaps and improve patient care in underserved communities.

Merck Foundation works closely with their Ambassadors, the African and Asian First Ladies and local partners such as Ministries of Health, Education, Information & Communication, Gender, Academia, Research Institutions, Media and Art in building healthcare capacity and addressing health, social & economic challenges in developing countries and under-served communities.

Merck Foundation also actively empowers women and youth in Science and Technology through its STEM Program and the annual Merck Foundation Africa Research Summit (MARS) Awards that recognize and celebrate the Best African Women Researchers and Best Young African Researchers, fostering research excellence.

 

Dr. Kelej shared, “This theme of World Health Day 2026,“Together for health. Stand with science,” aligns perfectly with our program that trains healthcare providers and empowers women and youth in STEM.

 

Merck Foundation CEO also announced the Call for Applications for 2026 Scholarships.

 

“I am happy to announce the Call for Applications for the 2026 Scholarships for young healthcare providers with special focus on women medical graduates. These include on-site fellowship programs, clinical training programs and online one-year diploma & two-year master degree in 44 critical and underserved medical specialties. The applications are invited through the Office of our Ambassadors and long-term partners, The First Ladies of Africa and the Ministry of Health of each country,” shared Dr Rasha Kelej.

 

To Apply for In-campus Scholarships in Fertility, Oncology, Diabetes and other specialties:

https://merck-foundation.com/scholarships-online-application-form-In-Campus-Specialties

To Apply for Online Scholarships, visit:

https://merck-foundation.com/apply-now-for-online-scholarships-or-in-campus-scholarships

The selection for each scholarship will be based on request by First Lady Office, Ministry of Health and/or Medical Society with the aim to fill the gaps of public healthcare system in each country.

The selection will be based on eligibility criteria fulfillment of each training Institute and Foundation, scholarship availability and fund availability.

 

Click the link below to Download Merck Foundation App

 

https://www.merck-foundation.com/MF_StoreRedirection

 

Join the conversation on our social media platforms below and let your voice be heard

 

Facebook: Merck Foundation
X: @MerckFoundation
YouTube: MerckFoundation
Instagram: Merck Foundation
Threads: Merck Foundation
Flickr: Merck Foundation
Website: www.merckfoundation.com

Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio; Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh

Bengaluru, Apr 07: Tata Motors, India’s largest commercial vehicle manufacturer, today strengthened its leadership in electric commercial mobility with the launch of the all‑new Tata Intra EV Pickup. Expanding its electric small commercial vehicle portfolio, the new pickup brings together the proven strengths of the trusted Intra platform with a purpose‑built electric architecture—delivering a dependable, high‑earning solution for India’s evolving cargo requirements. It will be available across Tata Motors’ commercial vehicle dealerships nationwide, at an unmatched starting price of Rs. 11.95 lakh (ex‑showroom).

Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio; Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh

 Launching the Tata Intra EV Pickup, Mr. Girish Wagh, Managing Director & CEO, Tata Motors Ltd., said

Our commitment to green mobility is focused on delivering sustainable solutions that are proven at scale and relevant to India’s diverse commercial mobility needs. Building on the strong market response to our electric mini‑trucks and the successful deployment of our electric buses serving commuters across 10 cities nationwide, we rolled out our next‑generation electric trucks earlier this year and are now advancing further with the launch of electric pickups. Through this progression, Tata Motors has established the country’s most comprehensive electric commercial vehicle portfolio across segments. This momentum is being enabled by progressive Government policies and strong collaboration across customers, partners and suppliers, accelerating India’s transition to cleaner and more sustainable mobility.”

Shaped by deep insights from real‑world operations and engineered for demanding duty cycles, the Intra EV Pickup introduces electric capability into one of the country’s most versatile pickups. It enables operators to move heavier loads, run longer routes and operate with greater confidence, while benefiting from lower operating costs and a reduced environmental footprint.

Speaking about the Tata Intra EV Pickup, Mr. Pinaki Haldar, Vice President & Business Head – SCVPU, Tata Motors Ltd., said,

The all-new Intra EV Pickup has been developed with a clear focus on earning capability and everyday usability, combining one of the highest payload capacities in its segment with strong performance, long range and high uptime, all at a segment-beating price. Its comfortable, crash‑tested cabin, car‑like driving dynamics and thoughtfully integrated features are designed to reduce fatigue and improve productivity across long operating hours. As adoption of cleaner technologies accelerates, Tata Motors remains committed to raising industry benchmarks and making electric cargo mobility a practical, confident choice for businesses.”

Designed to Earn, Built to Endure

At the heart of the Intra EV Pickup is a clear focus on productivity and profitability. With a 1,750 kg payload and long load body options of up to 10ft 2in, the vehicle supports a broad spectrum of applications—from FMCG and e‑commerce to cold-chain, waste management, LPG and dairy distribution—enabling higher load per trip and better asset utilisation.

A 72kW electric motor producing 230 Nm of peak torque delivers strong pulling power even under full load, while 23% gradeability ensures seamless operations on challenging terrain. The 28.2 kWh, IP67‑rated battery, engineered for Indian weather and usage conditions, offers a certified range of 211 km on a single charge, supporting multiple duty cycles through the day. Fast charging capability, with CCS2 charger, enables 10-80% charging in ~55 minutes, maximising uptime.

Backed by a 6‑year / 2 lakh km HV battery warranty, the Intra EV Pickup is designed to deliver dependable performance over the long term, bringing predictability and peace of mind to electric operations.

Smarter Technology for Safer, More Efficient Operations

Safety is integral to the Intra EV’s design. A dedicated Electronic Braking System enhances vehicle stability and braking efficiency, while three-level regenerative braking improves energy recovery during deceleration, contributing to extended real‑world range.

The Intra EV comes with Tata Motors Fleet Edge, providing real-time vehicle tracking, health monitoring and predictive maintenance insights—helping fleet owners improve uptime, manage costs and operate with greater transparency.

Comfort that Supports Productivity

Recognising the long hours spent behind the wheel, the Intra EV Pickup is equipped with a walk‑through cabin, car‑like ergonomics and Electric Power Assisted Steering (EPAS) that significantly reduces steering effort. The inherently low noise and vibration of the electric drivetrain creates a quieter, less fatiguing cabin environment—supporting driver focus, comfort and overall well‑being.

An Ecosystem That Removes Barriers

The Intra EV Pickup is supported by Tata Motors’ expanding electric vehicle ecosystem, including over 25,000 charging points nationwide, 200+ dedicated EV service centres, and facilitated home‑charging solutions. In partnership with leading banks and NBFCs, Tata Motors also offers customised financing options, flexible EMIs and quick approvals—making the transition to electric both accessible and assured.

Joining the Ace EV 1000 and Ace Pro EV, the Intra EV Pickup strengthens Tata Motors’ comprehensive electric small commercial vehicle portfolio—built to support India’s entrepreneurs, drivers and fleet owners in building more efficient businesses and a more sustainable future.

No Cutbacks, Just Care: Dubai-Based Milano by Danube Hosts Employee Retreat Led By Mr. Anis Sajan

No Cutbacks, Just Care: Dubai-Based Milano by Danube Hosts Employee Retreat Led By Mr. Anis Sajan

 

 

Apr 07: At a time when many organizations are responding to global uncertainty with layoffs, salary cuts, and reduced employee engagement, Milano by Danube continues to stand firm in its people-first philosophy. Through meaningful initiatives, the company prioritizes employee wellbeing, unity, and long-term resilience. The brand under the leadership of Anis Sajan, Vice Chairman of Danube Group, has taken a distinctly different path, one that puts people first.

 Milano by Danube recently concluded a thoughtfully designed employee staycation in Dubai at a five star property (Anantara Resort), reinforcing its commitment to employee wellbeing, this initiative reflects a balanced approach between business continuity and people-first decision-making. Milano by Danube recognized a visible decline in employee motivation and a rise in emotionally driven decision-making since the onset of the conflict. Anis Sajan personally led the team of Milano by Danube on their annual staycation in Dubai where the team engaged in fun activities, team-building sessions, beach time, and poolside experiences, creating space to recharge and reconnect, continuing a long-standing tradition despite being advised otherwise by many.

 “During uncertain times, it becomes even more important to stay connected as a team,” said Anis Sajan. “This retreat was about creating a safe and supportive environment where our employees could step away from daily pressures, recalibrate, and return with renewed clarity and energy.”

 Milano by Danube ensured that the retreat was executed with comprehensive safety measures at every stage. From planning to execution, employee security and comfort remained central, making the initiative both responsible and reassuring. More than just a staycation, the retreat was a conscious effort to give employees the space to pause, recharge, and reconnect beyond the demands of daily operations.

 Adding a personal touch to the experience, the retreat was also a celebration of Sahil Sajan’s 25th birthday, the director of Milano by Danube, offering a moment of celebration and togetherness that further strengthened team bonds in an otherwise challenging time.

 Dubai’s global reputation for safety, stability, and strong governance made it the ideal choice for the retreat. The leadership’s confidence in the UAE’s ability to provide a secure environment enabled them to move forward with clarity and assurance. “The trust we have in Dubai’s leadership and infrastructure made this decision easier,” added Sajan. “It allowed us to focus entirely on our people, knowing they were in a safe and well-managed environment.”

 Athul Krishnan, an employee of Danube Group, said, “This retreat was a much-needed break for all of us. The past few weeks have been emotionally challenging, and there has been a constant sense of tension. However, seeing our company take this initiative truly reassured us and reminded us that our wellbeing matters.”

 Milano by Danube continues to navigate global challenges with a steady and thoughtful approach, ensuring that employee wellbeing remains at the forefront of its priorities. The retreat underscores the importance of timely leadership decisions that address not just business needs, but human realities.

 

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VT Markets Unites Prominent Regional Financial Leaders at its 2026 APAC Gala

April 07: VT Markets, hosted its premier regional flagship event of the year, the “2026 APAC Gala: Future in Motion.” Held in the heart of Bangkok, the evening served as a prestigious celebration of the regional talent and momentum driving the company’s ambitious expansion across Asia-Pacific.

As the firm’s pinnacle event for the region, “Future in Motion” brought together leadership, top traders and  VIP clients to align on a 2026 roadmap defined by accelerated innovation and enhanced local support. The 2026 APAC Gala focused on the strategic partnerships that continue to propel VT Market’s regional success.

VT Markets started 2026 with a record $1.5 trillion in January trading volume, and a 246% increase in active users compared to the same quarter last year. Driven by strategic regional support, Thailand’s trading volume tripled, Vietnam’s gross revenue surged 397%, and first-time trades in the Philippines skyrocketed 450% –  signaling a decisive shift in regional market share. This follows its 10th anniversary year in 2025 where the firm secured over 30 industry awards, including ‘Best Global Multi-Asset Broker’ and ‘Most Reliable Trading Platform”.

The event also provided a moment of reflection following a meaningful community visit earlier that day to the Baan Nokkamin Foundation, where VT Markets and its partners delivered essential supplies to support local underprivileged youth and individuals to leave a lasting local impact that extended well beyond the financial markets.

“We titled this gala ‘Future in Motion’ because that is exactly where VT Markets is right now,” said Dandelyn Koh, Head of Global Marketing at VT Markets. “Our growth across APAC is explosive, but we never want to lose sight of our partners who fuel that engine. Whether we are donating essentials to the community or unveiling next-gen infrastructure, we are moving forward together, and this is just the beginning for us”.

The evening’s highlights included:

  • The Awards Excellence Ceremony: An awards ceremony dedicated to recognizing the strategic vision and performance that have made VT Markets a leader in APAC.
  • The Signature Lucky Draw: The night’s most anticipated segment featured a curated selection of luxury rewards. From flagship tech gadgets to bespoke travel experiences to Newcastle, United Kingdom, the prizes were a reflection of the high-value partnerships VT Markets shares with its top-tier affiliates.
  • The 2026 Roadmap Reveal: An exclusive first look at the next generation of trading infrastructure where guests were given an exclusive preview of the products and features set to be rolled out progressively.

As VT Markets continues to scale its presence regionally, the 2026 APAC Gala reinforces its position as a forward-thinking broker that prioritises both technological advancement and the long-term success of its global partner community.