Archives January 2025

Kashipur, January 2025: IIM Kashipur’s flagship annual fest, Agnitraya 2025, concluded on a high note, leaving participants and attendees with memories to cherish forever. The three-day extravaganza, held from the 17th to the 19th of January, lived up to its promise of being a remarkable celebration of talent, creativity, and togetherness. With its vibrant mix of cultural, sports, and management events, the fest brought the campus alive and created a dynamic platform for students to showcase their skills and foster camaraderie.

The event featured an incredible lineup of activities and performances that captivated everyone present. From high-energy sports competitions including cricket, futsal, frisbee, and table tennis, to enthralling cultural events such as solo and group dance performances and acting competitions, Agnitraya 2025 was a hub of excitement and enthusiasm. Management and non-management competitions added an intellectual edge, challenging participants to think strategically and creatively. The fest saw enthusiastic participation from institutions such as IIM Amritsar, MDI Gurgaon, FORE School of Management, IMI Delhi, Master’s Union, and many others, contributing to the vibrant atmosphere and competitive spirit. In an impressive display of athleticism and, IIM Kashipur emerged as the winner in the overall sports competition, earning accolades for its outstanding performance.

Each day of the fest was packed with memorable highlights. Agnitraya began with a traditional lamp-lighting ceremony to signify the spirit of knowledge and unity. Distinguished dignitaries, including Mr. Dina Nath Jha (SBI AGM), Mr. D.K. Joshi (LIC Senior Divisional Manager), Prof. Vivek Roy (Chairperson, Student Affairs Office), Col. Ajay Kumar Upadhyay (CAO), and Mr. Vikrant Choudary (Head of Administration, IGL), graced the occasion and inspired the audience with their presence.

Agnitraya 2025’s entertainment segment was nothing short of spectacular. Comedy enthusiasts enjoyed a laughter-filled evening with Nishant Tanwar, whose witty humor and relatable anecdotes left the audience in splits. Music lovers were mesmerized by the soulful performance of Ash King during the Star Night, while Band Night featured a dynamic and energetic performance by the renowned band Ignia. The fest concluded on an electrifying note with Revoic’s DJ Night, where the crowd danced their hearts out till the very end.

Agnitraya 2025 was not just an event; it was a celebration of talent, teamwork, and unity. The energy and enthusiasm displayed by participants and organizers alike made it a truly unforgettable experience. As the campus now settles back into its routine, the memories of these three incredible days will continue to resonate, reminding everyone of the joy, creativity, and camaraderie that defined Agnitraya 2025.

National , January, 2025: JSW MG Motor India, in line with its vision of Drive.Future, showcased its new-age technologies and forward-thinking initiatives on the second day of the Bharat Mobility Global Expo 2025. Solidifying its technological leadership, JSW MG Motor India demonstrated its competencies in CASE (Connected, Autonomous, Shared, and Electric) technology. With a focus on innovation, sustainability, and customer-centric initiatives, the brand presented pragmatic solutions that elevate mobility for the modern era.

 Taking the vision of Drive.Future to the next level, JSW MG Motor India showcased a diverse range of powertrain options, including Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Battery Electric Vehicles (BEVs), and Internal Combustion Engine (ICE) models. These include innovative models with strong battery management, the IM5 and IM6, a premium plug-in hybrid electric vehicle MG HS, the grand SUV MG MAJESTOR, D+ Segment SUV, the Comet BLACKSTORM and the luxurious MG7 Trophy Edition, among others.

 Rajeev Chaba, CEO Emeritus, JSW MG Motor India, said “We are excited to showcase our pioneering initiatives in CASE (Connected, Autonomous, Shared, and Electric) technologies at the Bharat Mobility Global Expo 2025, reaffirming our commitment to shaping the future of mobility. Our vision of Drive.Future is rooted in leveraging advanced technology to transform mobility into a sustainable, connected, and customer-centric experience. Through our technology zone and diverse powertrain showcase, we are pushing the boundaries to offer practical, sustainable solutions that not only make electric mobility more accessible but also enhance the overall driving experience with a greener, smarter, and more connected future for all.”

 MG MAJESTOR – The MG MAJESTOR is a new D+ segment SUV with massive dimensions – the longest, widest, and tallest in its class, creating an imposing stance. It redefines excellence, setting new benchmarks for SUVs in handling urban and off-road driving conditions. Inside, the MG MAJESTOR is an abode of luxury, spaciousness, and comfort. This D+ segment SUV blends commanding performance, unmatched luxury, and advanced technology and is equipped with a range of advanced features that set it apart from the competition. With commanding power and rugged capability, the MG MAJESTOR excels on any terrain, making it ideal for both city and adventure. The massively spacious cabin, crafted with premium materials and thoughtful design, guarantees a refined journey for all occupants. Safety takes centre-stage with limitless safety features, including robust structural integrity and advanced driver-assist systems.

 IM5 – The IM5 is a luxurious sedan, featuring contemporary technology and elegant design. At the heart of the IM5 is its innovative solid-state battery, offering a substantial range without compromising on performance. The IM5 also features an intelligent digital chassis and a hurricane motor delivering exceptional power.

IM6 – The IM6 all-electric SUV is equipped with the advanced Lizard digital chassis and a four-wheel steering system, enhancing manoeuvrability. Its IM AD 3.0 intelligent driving system supports ‘Navigate on Autopilot’ in city conditions without a map. Inside, the “IMOS Future Smart Cabin” offers a futuristic, seamless experience with innovative technology and comfort.
MG HS – The MG HS Plug-in Hybrid Electric Vehicle (PHEV) is a versatile SUV that combines electric and petrol power, offering an efficient and sustainable driving experience. One of the standout features of the MG HS PHEV is its ability to run on electric power alone for short distances. It can cover up to approximately 120 km on a full charge, making it ideal for daily commutes.

 MG 7 Trophy Edition – The MG 7 Trophy Edition sedan is a true automotive excellence, offering a superior blend of power, precision, and elegance. This fastback sports sedan is a true masterpiece, combining a sleek and stylish design, advanced technology, and safety features with a turbocharged engine that delivers exhilarating performance.

 MG Comet BLACKSTORM – The MG Comet BLACKSTORM edition elevates style and sophistication of this popular street-smart car with exclusive features and enhancements. Available in the stunning starry black exterior, it showcases a dark chrome ‘Comet EV’ emblem and a black finish ‘Internet Inside’ emblem. The cabin exudes elegance with leatherette seats featuring bold Red ‘BLACKSTORM’ embroidery on the headrests, complemented by an immersive 4-speaker audio system. Equipped with a 17.4 kWh battery for improved performance, the BLACKSTORM edition is designed for those who desire unmatched style with practical driving comfort.

 The EV Ecosystem Zone, a comprehensive exhibit is designed to demonstrate how JSW MG Motor India is shaping the future of electric mobility through holistic solutions. This zone is a one-stop destination for understanding the infrastructure, technology, and partnerships required to support India’s transition towards the faster adoption of electric vehicles along with building a robust EV infrastructure for a hassle-free ownership experience. The zone features the 6-way charging infrastructure, eHUB by MG, the Industry’s first and largest charging platform by an OEM; Project REVIVE, focused on repurposing EV batteries beyond cars; EVPEDIA, India’s first dedicated educational and knowledge platform for electric car users; the MG-Jio Innovative Connectivity Platform (MG-Jio ICP) and Battery-as-a-Service (BaaS).

New Delhi, January 20, 2025: The Society of Indian Automobile Manufacturers (SIAM) successfully organized the 1st Summit on Automotive Future Advancement in Road Safety (SAFAR) today at Bharat Mandapam, Pragati Maidan, New Delhi, on the sidelines of the Bharat Mobility Global Expo 2025. The event, themed “United Efforts for Road Safety: Safer Roads, Our Responsibility”, aimed to foster collaborative approaches to improving road safety in India through impactful discussions, interactive activities, and innovative initiatives.

The summit commenced with an opening session, where key dignitaries addressed the audience on “Driving a People-Centric Future: A Vision for Safer Roads in India”, and included two impactful Panel Discussion Sessions. The sessions featured high-level discussions, engaging strategies, and innovative initiatives to address key challenges and solutions for road safety.

During the Opening Session, the SIAM’s “Surakshit Safar Initiative Report (2025-2026)” booklet was launched by the Chied Guest Mr. V Umashankar, Secretary, Ministry of Road Transport & Highways, Government of India, which offers a comprehensive coverage of SIAM initiatives on road safety in FY25.

Welcoming the dignitaries, Mr. Prashant K Banerjee, Executive Director, SIAM, said, “This is a momentous occasion as we organize this significant event during Road Safety Month. With 80% of India’s annual vehicle population comprising two-wheelers, who are among the most vulnerable road users, it is crucial to address this concern. This is the perfect time to reaffirm our commitment to safer roads and responsibly contribute to nation-building.”

Chief Guest Mr. V. Umashankar, Secretary, Ministry of Road Transport & Highways, Government of India, said, “The implementation of RVB framework—Road, Vehicle, and Behaviour—could yield better results in terms of road safety. Road engineering is critical; it can help us reduce accidents significantly. Vehicles should be equipped with advanced safety features, and drivers must follow guidelines for using them. Behavioural modification through education and awareness is crucial to improving road safety.”

Guest of Honour Mr. Sanjay Bandopadhyaya, Member, the Supreme Court Committee on Road Safety, said, “India’s federal structure, with its diverse states and large population, poses unique challenges. Reviving India’s age-old value of ‘Pehle Aap’ could significantly reduce road fatalities. We need focused interventions in vehicle technologies, emergency care, and enforcement. We can achieve the ambitious target of halving road fatalities and making our roads safer for everyone by collaborating effectively.”

Mr. Shailesh Chandra, President, SIAM & Managing Director, Tata Motors Passenger Vehicles & Tata Motors Electric Mobility, said, “The name SAFAR symbolizes a shared roadmap for a safer and more sustainable future. We must strictly follow the 4E model of road safety: Education, Enforcement, Engineering, and Emergency. We have to educate people and drivers about road behaviour, ensure enforcement of rules and regulations, improve vehicle engineering, and ensure a better emergency response system. Advancing vehicle technologies, leveraging data analytics to identify high-risk zones, and deepening collaboration will facilitate India’s road safety efforts.”

Mr. Piyush Arora, Managing Director & CEO, SKODA AUTO Volkswagen India, said, “Bharat NCAP is a commendable step by the government, which strengthens India’s position in road safety. Our aim is to set new safety benchmarks for our customers while incorporating the most stringent safety standards. We are committed to supporting Bharat NCAP and helping address India’s unique road safety challenges.”

Mr. Kazuyoshi Kuroki, Chief Engineer, Honda Motor Co. Ltd., presented insights into Japan’s road safety measures and said, “Road safety follows the principle of education, enforcement, and engineering. Both public and private sectors have a crucial role to play. We must emphasize creating appropriate education programs, implementing effective laws and regulations, and ensuring collaboration.”

Mr. Sushant Naik, President, SAFE and Global Head, Govt & Public Affairs, Tata Motors, said, “Safer roads mean safer families, and it is our shared responsibility to bring meaningful change. Building a people-centric future reminds us that road safety can only be achieved through cutting-edge innovation. While progress has been made, challenges remain that need to be addressed.”

The First Panel Discussion Session, themed “Saving Lives by Adopting Multi-pronged Road Safety Strategies through Education and Enforcement”, focused on the significance of improving education and enforcement strategies, considering actionable recommendations, and strengthening collaboration. While moderating the session, Mr. Alok Jaitley, Vice President, SAFE and EVP, Maruti Suzuki India, said, “Technology must be made more affordable so that more Indian customers can benefit from advanced safety features. We are optimistic about seeing these technologies become standard in vehicles across the country.”

Mr. K K Kapila, President Emeritus, International Road Federation (IRF), said, “By focusing on the 4 E’s—Engineering, Education, Enforcement, and Emergency Response—we can drastically reduce accidents and nearly eliminate fatalities. A critical part of this is educating schoolchildren about road safety from an early age to instill responsible behaviour.”

Mr. Akash Passey, President, ZF India, said, “Over the last decade, many countries have successfully reduced road fatality rates, showing us what can be achieved with concerted efforts. Ultimately, it also depends on what customers prioritize and are willing to pay for when it comes to safety.”

Mr. Ramashankar Pandey, Social Defence Fellow of the Indian Administrative Fellowship at the Ministry of Social Justice and Empowerment & Former MD, Hella India Lighting Ltd., said, “India has made significant strides in vehicle safety regulations, emerging as a global leader in this domain. However, true change comes when behaviour aligns with science. A balanced approach is essential while combining regulation with proactive solutions like alert and assist systems.”

Mr. K C Sharma, Chief Engineer, MoRTH, said, “Education of vehicle owners is extremely important. Enforcement of already existing laws is essential to prevent what is happening in terms of road fatalities.”

The second and last Panel Discussion Session, themed “Pivotal Role of Engineering, Emergency Care and Evaluation in Improving Road Safety”, focused on collaboration among stakeholders, public awareness and engagement in road safety efforts. Mr. Prashant K Banerjee moderated the session, which was graced by road safety stakeholders across the industries.

Mr. Akhilesh Srivastava, President, ITS India, said, “We need advanced systems like ATMS (Automated Traffic Management Systems) to leverage data and analytics for improving road safety. We must implement measurable data points to incentivize good driving while addressing poor driving behaviour. Piloting such technologies can significantly enhance road safety efforts.”

Mr. Manish Jaiswal, Director, NATRAX, said, “Road safety is a complex challenge that demands comprehensive solutions, including better road infrastructure and improved vehicle engineering. Vehicle safety is a multifaceted issue as it’s the culmination of various factors working together.”

Mr. Abhijit Sengupta, Senior Director & Head of Business- Southeast Asia, HERE Technologies, said, “In our recent survey conducted with 1,300 drivers, we found that more than half of the respondents reported experiencing accidents in the last two years, this highlights the necessity of redefining and tackling key contributing factors behind the same. Behaviour emerged as the most significant factor, followed by road conditions and the enforcement of laws.”

Dr. Tejprakash Sinha, Co-Director, WHO, said, “We must enhance responsiveness in road safety interventions. Immediate healthcare assistance can save 30-40% of lives. Community-driven ambulance services can complement efforts, especially since 40-60% of accident victims are transported by private vehicles. The government is making commendable strides in increasing ambulance availability and their services. Establishing zero-fatality corridors can further boost road safety outcomes.”

Commander Mr. Pradeep K Jaiswani, COO, JP Research, said, “AI can play a critical role in road safety by identifying patterns and using data as a key intervention tool. With technology, we can capture the moments leading up to crashes and apply automated corrective measures. Data is pivotal across technology, healthcare, and policymaking.”

The summit also featured a range of interactive activities for public engagement and road safety awareness, including the “Road Safety Awareness Run”, with participation from over 1,200 students. The event was flagged off by the summit’s Chief guest. Highlighting the importance of road safety, the run was organized on the side of the Surakshit Safar Pavilion (सुरक्षित सफर) which beckons attendees through its four gates for 4Es of Road safety. With interactive VR games, simulators, vehicle models as well as “CPR Training & Certification” on display, the pavilion saw great participation from visitors. Additionally, school students showcased their creativity through competitions including poster-making, show and tell, extempore speech, road safety qawwali, nukkad natak (street play) on road safety themes, and daily street plays. Attendees also experienced an immersive VR journey into road safety, focusing on two-wheeler riding safety, four-wheeler driving safety, and pedestrian safety awareness.

Roorkee, January 20, 2025: Indian Institute of Technology, Roorkee (IIT Roorkee) in collaboration with Lancaster University and Birmingham University (UK), and NIT Rourkela, successfully concluded a five-day Winter School on “Globalization, Development, Gender, and Leadership.” the event was held at the Department of Humanities and Social Sciences, IIT Roorkee, under the aegis of SPARC (Scheme for Promotion of Academic and Research Collaboration) and the Anusandhan National Research Foundation (ANRF), Ministry of Education, Government of India. The convenor (project director) and co-convenors are Prof. Pratap Mohanty (IIT Roorkee), Prof. Pavel Chakraborty (Lancaster University, UK) and Prof. Narayan Sethi (NIT Rourkela).

The Winter School brought together renowned academicians, policymakers, and practitioners to discuss critical issues surrounding gender dynamics in enterprise growth and globalization. The program commenced with a one-day policy workshop, inaugurated by the Chief Guest, Prof. Kamal Kishore Pant, Director, IIT Roorkee, and Guest of Honour Shri Mrutyunjay Behera, Economic Advisor (Joint Secretary), Ministry of Education, Government of India.

In his address, Prof. Kamal Kishore Pant emphasized the importance of inclusive leadership in driving economic growth. He stated, “At IIT Roorkee, we are committed to fostering research and discussions that address global challenges. This Winter School is a significant step toward understanding and bridging the gender gap in leadership and enterprise, contributing to sustainable and inclusive development.”

The event also featured insightful deliberations from prominent experts representing institutions such as Ashoka University, Indian Institutes of Management, Azim Premji University, and Shiv Nadar University, as well as organizations like the World Bank, Good Business Labs, and IWWAGE.

Shri Mrutyunjay Behera remarked, “Gender parity is not just a moral imperative but an economic necessity. The deliberations at this Winter School highlight actionable insights that can influence policy and empower women to take leadership roles, enhancing organizational and national performance. The government has been taking a host of proactive steps in the direction”

Key topics discussed included the gender wage gap, labour force participation, and the transformative role of female leadership in boosting productivity, innovation, and financial performance in organizations. With India facing significant gender disparities in labour force participation—only 25% of women are active in the workforce, according to the latest PLFS data—the discussions highlighted pathways to achieve gender parity and its potential to add up to $770 billion to India’s GDP by 2025 (McKinsey, 2018).

The Winter School concluded with a renewed commitment to fostering collaborative research and policy innovation aimed at addressing gender disparities and promoting inclusive leadership. IIT Roorkee continues to lead such impactful initiatives, contributing to India’s progress toward a more equitable and prosperous future.

Pune, 20th January 2025: Oasis Fertility, a leading fertility care provider in India, in collaboration with the Pune Obstetrics and Gynaecology Society (POGS), have launched the Artificial Reproductive Techniques (ART) Conclave 2025 with the unique campaign – ‘In the Good Hands of Science’ at Sheraton Grand, Bund Garden Road, Pune, today.

The Conclave was inaugurated by Dr. Kiran Kurtkoti, Chief Guest of the event and President of the Association of Maharashtra Obstetrics and Gynaecological Society (AMOGS), along with Dr. Arati Nimkar, President of POGS, and Guests of Honour, Dr. Meenakshi Deshpande, Honourable General Secretary of POGS, Dr. Manish Machave, President Elect of POGS, Dr. Durga G Rao, Co-Founder and Medical Director of Oasis Fertility , Dr. Nilesh Unmesh Balkawade, Regional Medical Head and Fertility Specialist Mr. Pushkaraj Shenai, CEO of Oasis Fertility and Dr. Krishna Chaitanya M, Scientific Head and Clinical Embryologist. The main aim of the event is to highlight how science helps minimize or combat infertility rates by tackling various reproductive health-related ailments with the latest advanced technologies.

Being an educational and technology-driven exclusive platform, the ART Conclave brought together eminent personalities, including fertility experts, specialists, top-notch embryologists, and distinguished gynaecologists. Over 180 participants from various educational institutions and professions across the state attended the conclave.

The event featured hands-on training workshops covering a wide range of topics such as Ovum Pick-Up (OPU), Semen Wash Techniques, Hysteroscopy. Following the workshops, expert talks were organized, where esteemed national faculty shared their insights on various infertility topics. These sessions provided participants and delegates with invaluable knowledge and key takeaways.

Following the inauguration, Dr. Durga G Rao, Co-Founder and Medical Director of Oasis Fertility, remarked, “ART Conclave 2025 showcases how science transforms challenges into possibilities. We are excited to offer a hands-on workshop to enhance practical skills, along with sessions on ‘ART Law’ and ‘Unexplained Infertility’ to address legal frameworks and advanced diagnostic strategies. These sessions aim to equip professionals with the tools to ensure better patient outcomes and uphold ethical practices in reproductive medicine.”

Dr. Krishna Chaitanya M, Scientific Head and Clinical Embryologist, said, “The theme ‘In The Good Hands of Science’ highlights our commitment to addressing infertility through innovation. At ART Conclave 2025, we will focus on critical aspects of male fertility, including a session on the ‘Interpretation of Basic Semen Analysis and Its Optimal Management,’ and examine advancements in IVF protocols and techniques. This platform aims to enhance public awareness and empower individuals with evidence-based insights for informed fertility decisions.”

Dr. Nilesh Unmesh Balkawade, Regional Medical Head and Fertility Specialist, said, “With science and AI, we are addressing reproductive challenges with precision and hope. ART offers solutions where obstacles once seemed insurmountable, reaffirming the transformative impact of innovation in healthcare. Advanced technologies, scientific research, evidence-based treatments have paved way at our centre for individualized patient care and striving hard to give biological child through IVF Medication. “

Speaking at the event, Mr. Pushkaraj Shenai, CEO of Oasis Fertility, said, “At ART Conclave 2025, our theme, ‘In The Good Hands of Science,’ reflects our mission to combine precision and care to turn dreams into reality. Trusted by thousands of leading gynaecologists and obstetricians, we are proud to foster collaboration, innovation, and advancements in reproductive medicine. At Oasis Fertility, we remain committed to making these advanced treatments accessible and impactful. Our mission is to better serve the community and assist more couples in achieving their dreams of parenthood.”

The conclave also featured insightful sessions, including ‘Unexplained Infertility’ by Dr. Durga G Rao, ‘Anything About Male Infertility’ by Dr. Krishna Chaitanya M, ‘Anything About IVF’ by Dr. Nilesh Unmesh Balkawade, and Panel discussion on ‘When to Refer for IVF’ by Dr. Nilesh Unmesh Balkawade. A quiz session followed, offering attendees a chance to win attractive prizes while engaging with the presented topics.

Oasis fertility remains at the forefront of fertility care, providing clinical excellence and advanced technology treatments, including procedures such as Preimplantation Genetic Testing for Aneuploidies (PGT-A). These advancements have played a crucial role in helping young couples facing challenges with conception, as well as those from families with a history of chromosomal abnormalities, to achieve the birth of healthy biological children. Oasis Fertility is the first to introduce “CAPA In Vitro Maturation (IVM),” a drug-free IVF option particularly beneficial for patients with PCOS or those with previous poor IVF outcomes.

Bengaluru, India – January 20, 2025: India’s largest consumer electronics brand, Samsung announced that it has added the Health Records feature to the Samsung Health app to help users manage their health more comprehensively.

 The Health Records feature enables users to create and access their Ayushman Bharat Health Account (ABHA) directly through the Samsung Health Mobile App. Users can now effortlessly manage their health data generated by healthcare providers across India, transforming the way individuals take charge of their personal health records.

 Samsung’s new initiative to empower its users by providing seamless and secure integration with the country’s digital health ecosystem is aligned with the Indian government’s Ayushman Bharat Digital Mission (ABDM) project.

“Samsung prioritizes customer needs and continually enhances products and services to enhance their everyday experiences. The introduction of the Health Records feature for India within the Samsung Health app signifies our dedication to provide convenient access to Digital Health records, enabling data sharing with doctors or caretakers in a secure manner anytime. This feature empowers users to manage their health history, track progress, and maintain better control over their well-being,” said Kyungyun Roo, Managing Director, Samsung Research Institute, Noida.

The Health Records feature is the result of a collaborative effort across R&D, UX Design and Consumer Experience teams at Samsung with Eka Care, India’s leading ABDM-certified integrator. With this feature, users can register for an ABHA account within the Samsung Health app with their Aadhaar or mobile phone numbers. Once registered, they gain access to view their medical history, including prescriptions, laboratory results, hospital visits, and more – all securely linked to their unique ABHA IDs.

“At Eka Care, we are thrilled about this partnership with Samsung, as it will significantly accelerate the adoption of ABDM across India. This collaboration is a key step toward building a more connected and efficient healthcare ecosystem in the country,” said Deepak Tuli, co-founder, Eka Care.

Samsung aims to revolutionize how Indians approach personal healthcare management, by leveraging the power of digitization. Users can now safely store their health records in the ABDM-certified secure health lockers and not be burdened by cumbersome paper trails.

In addition, during OPD visits at ABDM-compliant hospitals and clinics, users can simply scan the QR code via the Samsung Health app to obtain a virtual queue token and minimize wait times.

 Samsung Health app offers comprehensive health services including medication management, sleep monitoring, mindfulness programs, and irregular heartbeat notifications. All Samsung Health user data on Samsung devices is secured by defense-grade Knox Security Platform.

Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, has reported its unaudited financial results for the quarter and nine months ended December 31, 2024.

Standalone Q3FY25 Financial Highlights

Operational Highlights

• CRISIL Ratings Limited has reaffirmed the same rating for the Company’s Bank Facilities, indicating a positive assessment of its financial position and business performance. This reflects the Company’s steady efforts to strengthen its financial and operational framework.

Domestic Markets (Standalone)

• In Q3FY25, sales volume was 30,247 T, as compared to 28,263 T in Q3FY24 representing a YoY increase of 7.02%.
• Revenue grew by 9% for Q3FY25 to Rs. 57,084 Lakhs as compared to Rs. 55,456 Lakhs in Q3FY24.

Exports Markets (Standalone)

• In Q3FY25, sales volume was 14,951 T as compared to 13,323 T in Q3FY24 representing a YoY increase of 12.2%.
• Revenue grew by 8% in Q3FY25 to Rs. 37,388 Lakhs as compared to Rs. 34,047 Lakhs in Q3FY24.

Commenting on the results Mr. Naresh Jalan, Managing Director, Ramkrishna Forgings Limited said:

We are pleased to report a strong performance in the third quarter with Consolidated Revenues higher by 8% on a y-o-y basis. This is despite de-growth growth in domestic CV volumes of 4%. Our growth has been driven by higher share of business across existing customers supported by ramp up of new components and order wins awarded in recent quarters. We have also witnessed sustained momentum in exports this quarter. In terms of order wins, we have received orders amounting to Rs. 697 crore to be executed over a period of four years across from Non Auto segment including Railways.

The outlook remains exciting both for the near and medium term on the back of multiple growth levers of new products, new customers, new verticals being served and new capacities. We are set to commence offerings towards two-wheelers and passenger vehicles, in the coming months and quarters. This will enable further growth coming from the automotive sector, as we have not catered to these segments earlier. We are also excited by the prospects from new components as well as new assemblies. Capacity augmentation in cold forging and aluminum forging will aid growth, while newer, more automated lines and more value engineered lines, will enable higher value addition.

Our plan for streamlining of our subsidiaries is progressing well and we are set to scale up our offerings in casting which will complement our robust track record in forged products. With our recent entry into aluminum forging, we are also well positioned to address the opportunities from EV and hybrid vehicles. Our strategy of diversified growth, underpinned by a balanced approach to risk and return, will help us to drive sustained value creation for all stakeholders.”

New Delhi, 20th January 2025: Coinciding with the New Year, 2025, Window Magic, a premium manufacturer of Engineered uPVC and Aluminium Windows and Doors, launched a campaign to sensitize citizens of the social evils plaguing the society. Aptly titled “Darwaza Band” meaning “close the door”, the campaign has identified a list 12 of social evils that are rampant not only in India, but around the world. These include, Food Waste, Domestic Violence, Child Labour, Cyber Bullying, Substance Abuse, Corruption, Environmental Destruction, Animal Cruelty, Workplace Harassment, Body Shaming, Racism and Pollution.

Launching the campaign, Manish Bansal, Director & CEO, Window Magic, said, “ through the “Darwaza Band” campaign, we aim to demonstrate our commitment to building a safer and socially conscious world. The campaign also emphasizes the lasting impact of ‘closing the door’ on social evils and contributing to the long-term well-being of the society; while also demonstrating Window Magic’s commitment to sustainability”.

In the words of Aanchal Bansal, Executive Director, Window Magic, “The campaign leverages the symbolism of closing doors to represent a proactive step towards shutting out social evils. it highlights Window Magic’s commitment to social responsibility. By addressing social issues, the brand positions itself as a conscientious entity dedicated to making a positive impact on the community”

To drive the campaign, Window Magic aims to harness the power of the ever burgeoning Social Media like Facebook, Instagram and LinkedIn to reach citizens and create a viral effect. Other mediums include Influencer Marketing, Blogs, Public Relations, and Mall Activation with the specially developed hashtag #DarwazaBand

Planned for four months from January 2025 to April 2025, the campaign will use a combination of videos and static posts while also utilizing important national days and festive days to drive engagement with the audience.

The launch video urges citizens to take responsibility, unite against these social evils, and close the doors on what harms us, society and planet and create a safer planet for future generations.

New Delhi, 20th January 2025: Novus Hi-Tech, a global leader in Driver Monitoring System (DMS), In Cabin Sensing and Advanced Driver Assistance System (ADAS), will unveil its latest suite of safety solutions for mines in compliance with Directorate General of Mines Safety (DGMS), on the industry-leading Eicher Pro 8035 XM mining trucks. The launch event at the prestigious Bharat Mobility Global Expo 2025, Yashobhoomi, New Delhi, will showcase these innovative solutions implemented on the mining trucks.

The mining safety suite features state-of-the-art solutions including the Driver Monitoring System (DMS), an AI-based camera system that monitors driver behavior in real-time to detect and alert drivers in case of fatigue or inattention. The suite also includes the Proximity Warning System (PWS), an advanced RADAR system providing real-time alerts about nearby obstacles and vehicles, and the Auto Dipper System, which automatically adjusts headlights to low beam for optimal visibility while reducing glare for other road users.

The unveiling event will take place on 20th January 2024 at 11:30 am at OD1.1 in front of exhibition hall 2, featuring live demonstrations and product presentations highlighting how these patent-pending innovations improve operational safety, enhance regulatory compliance, and mitigate risks in challenging mining environments. The solutions are specifically designed to address the unique challenges faced in mining operations and other heavy-duty applications, making them indispensable tools for the industry.

Sharing his views, Mr Anuj Kapuria, CEO & Founder, The Hi-Tech Group said, “Our unwavering mission to help fleets achieve zero-accident operations through cutting-edge technologies is exemplified by the Hi-Tech Safe product suite, which has already prevented over 200,000 accidents. Today, we are thrilled to launch a pioneering safety solution specifically designed for mining operations, in partnership with Eicher Trucks and Buses, setting a new standard for operational safety and efficiency.”

The upcoming launch at Bharat Mobility Global Expo 2025 underscores the growing focus on safety technologies in India’s mining sector. The collaboration between The Hi-Tech Group and Eicher Trucks represents a significant step in integrating advanced safety systems into commercial mining vehicles, aligning with the industry’s increasing emphasis on worker safety and operational efficiency.

Mumbai, 20th Jan 2025: Kia India, a leading mass premium carmaker, unveiled the new EV6 at Bharat Mobility Global Expo 2025. Kia India also announced that bookings for the new Kia EV6 start today, marking another milestone in the brand’s electric journey.

The new Kia EV6 continues to set the standard for safety, equipped with our ADAS 2.0 package, which includes 27 advanced safety and driver assistance features. As compared to previous EV6 we have added five additional ADAS 2.0 features – Front Collisions Avoidance assist (FCA) – City/Pedestrian/Cyclist/Junction Turning, Forward Collision Avoidance (FCA) – Junction crossing, Forward Collision Avoidance– Lane Assist Change (FCA) – Oncoming & Side, Forward Collision Avoidance assist (FCA) – Evasive Steering and Lane Follow Assist (LFA). These features are derived from the cutting-edge technology from our flagship model, EV9 and include improvements to collision safety, structural rigidity, and enhanced occupant protection. With the added strength and enhanced ADAS package, you can drive with confidence, knowing that the EV6 is designed to protect.

The EV9 stands as Kia’s flagship electric SUV, setting new standards for technology and innovation in the automotive industry, globally. Having crowned as the prestigious WCOTY 2024, the vehicle is powered by a 99.8 kWh battery, the EV9 offers an impressive range of up to 561 km on a single charge, making it suitable for both city commutes and long-distance travel. Its ultra-fast charging capability allows the battery to recharge from 10% to 80% in just 24 minutes with a 350kW DC charger.

Kia India is also showcasing its legacy of pushing boundaries by seamlessly harmonizing global technology, luxurious design, and sustainable engineering with its product range including the newly debuted Kia Syros. The immersive display at Bharat Mobility pavilion aligns with Kia India’s commitment to driving the future of automotive excellence while supporting India’s vision for a sustainable and innovative transportation ecosystem.

Mr. Gwanggu Lee, MD and CEO of Kia India, said, “At Kia India, we are committed to driving positive change in the automotive industry. Since the EV6 first hit the roads, it has garnered widespread admiration, growing in popularity and strengthening its global reputation. Today as we unveil the new EV6 we are sure that it will redefine the electric mobility standards with its latest hi-tech innovations.

Mr. Lee further added,” Our participation in the Bharat Mobility Global Expo 2025 underscores this commitment, where we are proud to unveil the new EV6, a key step in our journey towards carbon neutrality. With it, we are taking a bold stride in offering environmentally conscious, next-generation technology to Indian consumers.”

At the Auto Expo, Kia will showcase cutting-edge technology with several key demonstrations highlighting our commitment to innovation and sustainability. In the electrification segment, the E-Vision concept will offer an immersive visual experience, powered by the E-GMP platform and 4th Gen Battery technology. Additionally, the Kia Smart Home will provide a connected home experience, featuring outdoor seating powered by the EV9’s Vehicle-to-Home (V2H) and Vehicle-to-Load (V2L) capabilities.

The Hi-Tech segment will feature the Kia Connected World, an immersive Q&A game where visitors can drive through the Kia Smart City, answering questions to earn prizes, while experiencing Kia Connect 2.0, OTA updates, and ADAS technology. An exhibit showcasing over-the-air software updates will provide insight into Kia’s tech engagement, including the controller OTA updates. The Syros Smart Drive Experience will offer a virtual drive experience in a real car simulator, showcasing the inspiring drive program. Digital and AI engagements include the My Kia Life, an AI-powered photo booth allowing visitors to capture their selfies and enter the virtual world of Kia, and My Kia Getaway, an AI-powered video generator that creates personalized driving videos. Lastly, the Carnival de Lounge will provide a premium experience, highlighting Kia’s luxury and design leadership with leather calligraphy, coffee brewing, and high-end imagery.

New Kia EV6: Redefining electric luxury with power, performance, and innovation

Kia’s new EV6 is an electrifying leap forward, with more style, power, and technology than ever before. As the refreshed version of Kia’s first-ever dedicated EV, the vehicle offers significant upgrades that reinforce its position as one of the most advanced electric vehicles in the market.

On the design front, the model features a sportier and more aggressive front end, in line with Kia’s signature Opposites United design language. With up to 15 enhancements, including the new signature Star Map lighting with connected DRLs, a front GT-Line styling bumper, 19-inch glossy finish alloy wheels, and star-map LED rear combination lamps, the new EV6 is bolder, sharper, and more dynamic than its predecessor.

Inside, the new EV6 offers an even more premium and spacious cabin. New features, such as the double D-cut steering wheel with hands-on detection technology, elevate the driving experience and ensure comfort and safety. The vehicle also impresses with its upgraded performance. It now features a powerful 84-kWh battery, offering an impressive range of over 650 km, a significant improvement from the previous 77.4 kWh. With a power output of 325 PS and 605 Nm of torque, the refreshed EV6 delivers an exhilarating driving experience, while its 350-kW fast charger enables a rapid charge from 10% to 80% in just 18 minutes.

Safety has always been a priority for Kia, and the new EV6 is no exception. Equipped with the ADAS 2.0 package, it offers 27 advanced safety and driver assistance features, including 5 new autonomous features. These include FCA 2.0 – Junction Turning, which detects oncoming traffic while turning at intersections, and FCA 2.0 – Junction Crossing that prevents collisions when crossing through junctions. Additionally, FCA 2.0 – Lane Change Assist and FCA 2.0 – Evasive Steering Assist provide an extra layer of protection during lane changes and emergency maneuvers, ensuring a smooth, safe drive-in unexpected situation. The vehicle also comes with LFA 2.0 – Lane Follow Assist, which helps maintain proper lane positioning, reducing the risk of accidents caused by unintentional lane departure. Collectively, these features make the new EV6 one of the safest electric vehicles on Indian roads.

Not leaving the tech behind, the new EV6 features a dual 31.2cm (12.3-inch) panoramic curved display, integrating Kia’s next-generation infotainment system- the Connected Car Navigation Cockpit. The vehicle is also equipped with Kia Connect 2.0, allowing Kia Connect Diagnostics and Over-The-Air (OTA) software updates. Additionally, Digital Key 2.0 (featuring Ultra-Wideband technology) transforms a compatible smartphone into a virtual key, offering a new level of convenience.

Kia EV9: A new World of Innovation

The Kia EV9 introduces advanced technology with Kia Connect 2.0, offering seamless connectivity with smart devices, real-time updates, and remote vehicle control. Over-the-air (OTA) updates ensure continuous software enhancements without a dealership visit, while 44 remote diagnostic controllers monitor the car’s performance. The Digital Key 2.0 allows owners to unlock and start the vehicle using their smartphones, and the Vehicle-to-Load (V2L) feature lets users power devices on the go.

Designed with the ‘Opposites United’ philosophy, the EV9 boasts a futuristic angular design and a digital pattern lighting grille. Its digital features include a Trinity panoramic display, combining three HD screens for a comprehensive and intuitive driving experience. With over 27 Autonomous ADAS features, multi-collision brakes, vehicle stability management, and a 10-airbag system, the EV9 prioritizes both convenience and safety for all occupants.