Samsung Unveils AI-Powered Screens at First Look 2025

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Jan. 6, 2025 Samsung Electronics Co., Ltd. today unveiled Samsung Vision AI at the CES 2025 First Look event, delivering personal AI-powered screens to enrich your everyday life. Samsung also unveiled the latest flagship Neo QLED 8K QN990F and exciting updates to its Lifestyle TVs and future display technologies, reflecting Samsung’s vision to transform screens into adaptive, intelligent companions to simplify and enrich everyday living.

“Samsung sees TVs not as one-directional devices for passive consumption but as interactive, intelligent partners that adapt to your needs,” said SW Yong, President and Head of Visual Display Business at Samsung Electronics.With Samsung Vision AI, we’re reimagining what screens can do, connecting entertainment, personalization, and lifestyle solutions into one seamless experience to simplify your life.”

Samsung Vision AI: Smarter, Adaptive Screens for Seamless Living
Samsung Vision AI represents the next step in Samsung’s journey to deliver intelligent, intuitive, and seamless screen experiences. With the ability to make your Samsung TV aware of its surroundings, adaptive to user preferences, and autonomous in delivering intuitive features, Samsung Vision AI transforms screens into smart companions that enhance entertainment, simplify interactions, and seamlessly integrate into connected lifestyles.

At the core of Samsung Vision AI are its personalized features, which redefine how users interact with their screens.
Click to Search offers instant information about what’s on screen — whether identifying an actor or exploring displayed content — all without disrupting the viewing experience.
Live Translate, powered by on-device AI translation model, eliminates language barriers with real-time subtitle translations, allowing viewers to enjoy global content seamlessly.
Generative Wallpaper transforms screens into dynamic, personalized art canvases, allowing users to make images that perfectly match their taste or occasion.
Beyond personalization, Samsung Vision AI positions screens as central hubs for smarter living through integration with the SmartThings ecosystem:

Home Insights provide real-time updates about your household environment, including safety alerts and daily updates, ensuring peace of mind whether users are home or away from home.
Pet and Family Care keeps a watchful eye on loved ones, detecting unusual behavior in both pets and family members. It enhances comfort by automatically adjusting room settings, like dimming the lights when a child falls asleep, while providing real-time updates and recorded events through TVs.
Samsung Vision AI also delivers exceptional advancements in picture and sound quality, making every on-screen moment captivating. On-device AI picture and sound technologies analyze content and environmental factors in real time, dynamically adjusting visuals and audio for an optimized experience.
Building on its history of recognition for innovation, Samsung’s latest Vision AI features, such as Click to Search and Live Translate, along with cutting-edge products like the AI companion Ballie and the Smart Monitor M9 featuring Copilot, have earned the prestigious 2025 CES Innovation Award.

Driving Innovation Through Open Partnerships in AI
Samsung Vision AI also offers limitless potential by collaborating with various AI partners such as Microsoft, paving the way for even more intelligent and personalized experiences and AI screen ecosystem expansion.
In collaboration with Microsoft, Samsung announced the new Smart TVs and Smart Monitors featuring Microsoft Copilot. This partnership will enable users to explore a wide range of Copilot services, including personalized content recommendations.

Samsung also plans to work closely with leading AI partners such as Google and others to expand what Vision AI can do.
With Samsung Vision AI, Samsung is redefining what screens can do — delivering personalized, intelligent experiences that adapt to users’ needs, simplify their routines and enhance their daily lives.

The Era of AI Screens: Samsung Brings Samsung Vision AI to Its Widest Lineup Yet
Samsung is ushering in a new era of AI-driven screen technology, with Samsung Vision AI features now integrated across its most comprehensive lineup ever — including Neo QLED, OLED, and QLED, and The Frame models. This expansion underscores Samsung’s commitment to bringing intelligent, adaptive screens to more users, redefining what’s possible in home entertainment and smart living.
At the forefront of this innovation is the Neo QLED 8K QN990F, Samsung’s most advanced TV to date, designed to deliver unparalleled performance, sleek design, and smarter, AI-driven experiences. Powered by the latest NQ8 AI Gen3 Processor, the TV leverages a suite of on-device AI features to enhance picture quality, sound clarity, and overall viewing experience:
8K AI Upscaling Pro: Elevates lower-resolution content up to stunning 8K quality, ensuring incredible detail and clarity in every frame.
Auto HDR Remastering Pro: Analyzes content frame by frame, applying scene-adaptive color expansion for lifelike visuals and vibrant colors, even in dark scenes.
Adaptive Sound Pro: Uses AI to separate and optimize sound components like speech, music, and sound effects, delivering clear, balanced audio.
Color Booster Pro: Enriches color expression with AI-driven scene analysis and enhanced image processing for each frame.

AI Mode: Adaptively optimizes picture and sound leveraging AI-based content recognition and TV area analysis for an optimal viewing experience in any setting.

Encased in an ultra-slim, minimalist design, the QN990F is a premium home entertainment device that combines cutting-edge technology with elegant aesthetics. With its advanced features and refined design, it elevates both the performance and style of any living space, offering a truly sophisticated entertainment experience.

A New Vision of Art: Expanding the Samsung Art Store and Introducing The Frame Pro
Samsung is continuing its commitment to blending art and technology with the expansion of Samsung Art Store and the launch of The Frame Pro, a new addition to the iconic Frame lineup. Together, these innovations reinforce Samsung’s mission to make art more accessible, personal, and seamlessly integrated into daily life.

Samsung Art Store now features over 3,000 curated works from prestigious global partners, including MoMA and the estates of Magritte and Basquiat. For 2025, this expanded collection is available not only on The Frame and MICRO LED series but also on Neo QLED and QLED models, giving users more ways than ever to transform their screens into personalized art galleries. This marks another milestone in Samsung’s commitment to enriching homes with dynamic art experiences.

Complementing The Frame, Samsung unveiled The Frame Pro, the latest model of the lineup, which enhances the art and entertainment experience with advanced Neo QLED picture quality — delivering brighter colors, sharper contrasts and improved local dimming for deeper blacks. Powered by the NQ4 Gen3 AI Processor, The Frame Pro offers unparalleled picture quality for both artwork and video content. It also comes with the innovative Wireless One Connect, allowing for more flexible installations that blend in seamlessly with their environment.

Further strengthening its connection to the art world, Samsung has partnered with Art Basel, making The Frame the official art display of the globally celebrated event.

“As our mission is to power the world of art, having Samsung as our official global display partner is helping us break down physical and digital barriers, allowing more people to experience art in innovative and meaningful ways,” said Hayley Romer, Chief Growth Officer at Art Basel. “Through The Frame and the Samsung Art Store, art lovers can bring world-class works into their homes, transforming how they engage with and appreciate art.”

Shaping the Future of Display Technology
As Samsung continues to lead the way in reimagining the role of screens, its advancements deliver more than just technology — they create meaningful, personalized experiences that elevate everyday life.
At First Look 2025, Samsung unveiled The Premiere 5, the industry’s first interactive triple-laser ultra-short-throw (UST) projector. Designed to redefine home entertainment, The Premiere 5 introduces an interactive touch feature, allowing users to engage directly with the screen. This innovation seamlessly combines high-quality projection with versatile functionality, featuring Samsung LightWARP technology to project images onto everyday objects for creative and immersive experiences.

Samsung also showcased its commitment to shaping the future of display technology with the MICRO LED Beauty Mirror. This innovative mirror display combines advanced reflectance and transmittance capabilities with personalized beauty insights, demonstrating how cutting-edge technology can enhance daily routines. By analyzing individual skin types, the mirror provides tailored product recommendations to make self-care more intuitive and effective, leveraging innovative beauty solutions developed by Amorepacific, Korea’s leading cosmetics company.

400 Street Vendors Benefit from PM SVANIDHI Scheme

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6 January 2024: ACC, the cement and building material company of the diversified Adani Portfolio, along with the Adani Foundation is empowering street vendors in Madukkarai by facilitating the Government of India’s PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANIDHI) scheme. The Company, through this initiative, has supported nearly 400 vendors, helping them access crucial financial assistance to grow their businesses and improve their livelihoods.

ACC and the Adani Foundation’s Madukkarai team has been facilitating various government schemes through its flagship programme, ‘Meri Sangini Meri Margdarshika’ (MSMM). Since the beginning of the financial year, nearly 400 vendors in Madukkarai Municipality have applied for PM SVANIDHI loans. Of these, 290 vendors who successfully repaid earlier loans have been granted an additional loan of Rs. 50,000 at a subsidized rate. To date, Rs. 1.46 crore has been disbursed.

The PM SVANIDHI scheme provides micro-credit to urban street vendors, enabling them to recover and rebuild their businesses, especially after the economic challenges posed by the COVID-19 pandemic. Vendors, essential to the urban informal economy, offer goods and services at affordable prices, but many of them face capital shortages. This scheme helps them restart their businesses and support their families.

Through this initiative, ACC strengthens its commitment to financial inclusion and grassroots entrepreneurship. The Foundation will continue working with local communities to provide essential resources, ensuring small business owners thrive and sustain their livelihoods.

Consint.AI Raises Rs 5 Cr for Growth

6th Jan, 2025GenAI driven healthcare Insurance fraud and risk management company Consint.AI has raised Rs 5 Cr in a seed round led by Equanimity Ventures and Seafund. The capital raised will be deployed to scale operations through expanded sales outreach and accelerate the development of the Generative AI Feature Suite for the Health AI Platform. This includes enhancing fraud detection, optimizing claims processing, and delivering personalized clinical care to drive innovation in healthcare. Funding raised in the current round will also support team expansion, infrastructure upgrades, and R&D efforts to strengthen its position as a leader in the health tech solutions market.

Commenting on the investment, Manoj Agarwal, Managing Partner, Seafund, says, “Our focus on emerging tech like GenAI, deep tech, IoT and sustainability has been the guiding force when it comes to backing unique and innovative startups. Consent.AI’s laser sharp focus on solving the problem of healthcare Insurance claims processing and fraud detection improving performance of Insurance and Healthcare institutions is a multi-billion dollar problem to solve and we believe that we have the necessary expertise and network to help the company grow and reach its ambitions.”

Founded in 2020 by Ashish Chaturvedi and later joined by Swadeep Singh as Co-Founder, Consint.AI is a pioneering Generative AI-driven healthcare fraud and risk management company dedicated to transforming healthcare transactions and personalized care. Consint aims to optimize healthcare claims transactions, making it affordable and efficient with its cutting-edge platforms like Risk.ai, engineered to optimize insurance transactions and mitigate fraud, and CIPHR.ai which is designed to enhance critical patient management and streamline claims generation. By harnessing advanced Generative AI solutions, the company empowers businesses across emerging markets and the U.S. to drive value-based care, operational efficiency, and sustainable growth.

In the last 12 months, Consint.AI has achieved remarkable traction, expanding into India, the Middle East, and Africa. The company has recently launched CIPHR.ai, an AI-driven platform tailored for hospitals, built upon custom Generative AI models to revolutionize care personalization in critical patient management. CIPHR.ai provides intelligence at point of care and generates claims transactions enhancing efficiency for healthcare providers. Targeted at emerging health markets and the U.S. Accountable Care Organization (ACO) sector, this platform leverages Generative AI to address the evolving needs of modern healthcare systems

In the last two quarters, the company has achieved significant growth, securing INR 10+ crore in signed contracts. This includes multiple multi-year agreements with leading insurance providers and hospital systems, highlighting strong market validation and growing demand for its innovative solutions, particularly in the areas of Generative AI and Document Forensics. These strategic partnerships underscore the company’s commitment to delivering innovative solutions and solidifying its presence in emerging markets.

Ashish Chaturvedi

 

Ashish Chaturvedi, Founder and CEO, Consint, says, “This current market traction and milestones highlight the transformative potential of Generative AI in reshaping healthcare as we know it. At Consint, we are pioneering GenAI-driven platforms like CIPHR.ai and Risk.ai to solve complex challenges in healthcare transactions and personalized care. Our focus remains on advancing our Generative AI capabilities to drive innovation, deliver impactful solutions, and empower businesses globally to achieve seamless operations and value-based care. This funding accelerates our mission to lead the charge in AI-powered healthcare transformation.”

Consint plans to continue expanding Risk.ai to drive seamless transactions in the emerging InsurTech markets, with a focus on product enhancements and accelerated sales efforts. Additionally, it aims to strategically penetrate the U.S. market by establishing a strong product-market fit for its CIPHR.ai Provider Platform, leveraging its Generative AI solutions to meet the specific needs of healthcare providers and Accountable Care Organizations (ACOs). These initiatives are geared towards solidifying the company’s presence in key markets and driving sustainable growth.

Consint.AI is focused on transforming the $600 billion healthcare transaction market by making claims transactions seamless and enabling value-based care. With a projected 4x YoY business growth, the company is strategically expanding its Risk.ai product across private and public insurance markets in the APAC and MEA regions.

India Jewellery Park Mumbai Construction Gets Underway This Month: GJEPC

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6th January 2025: The first-of-its-kind India Jewellery Park Mumbai’s construction will commence this month, announced Mr. Vipul Shah, Chairman, Gem & Jewellery Export Promotion Council (GJEPC) during the inauguration of the 17th edition of India International Jewellery Show (IIJS) Signature gem & jewellery trade show at Bombay Exhibition Centre (BEC), NESCO, Goregaon East. Phase 1 of India Jewellery Park Mumbai, including the A1, A2, and A3 buildings spanning approximately 9 lakh square feet will be ready for procession by December 2026.

IIJS Signature’s grand inauguration at Goregaon Mumbai was graced by Chief Guest Ms Amruta Fadnavis (Banker, Singer & Social Worker) along with Guests of Honours Shri R. Arulanandan Director, Dept. of Commerce, MoC&I; Shri Deependra Singh Khuswaha (IAS), Development Commission (Industries), Government of Maharashtra; Shri Suvankar Sen Executive Director Senco Gold & Diamonds; Shri Vipul Shah, Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri Nirav Bhansali, Convener, National Exhibitions, GJEPC; and Shri Sabyasachi Ray, Executive Director, GJEPC; and other dignitaries from the gem and jewellery industry.

Ms. Amruta Devendra Fadnavis (Banker, Singer and Social Worker), said, “India’s gem & jewellery business is now at the centre of the global trade and we in Maharashtra are committed to the growth of this indigenous industry. Several key steps have already been taken to give a boost to the gem & jewellery business, which can contribute significantly to helping realise Hon. Prime Minister Shri Narendra Modi ji’s dream of $5 trillion economy for India; and Hon. Chief Minister Shri Devendra Fadnavis ji’s $1 trillion economy dream for Maharashtra. I am very happy to note that GJEPC has initiated several programs for women empowerment and adopted sustainable environmentally friendly initiatives for the world-class IIJS exhibitions in Mumbai.”

Talking about exports Shri Vipul Shah, Chairman, GJEPC added, “On the export front, we remain optimistic about 2025. With American President Donald Trump’s return to the White House, there is hope for renewed stability in the geopolitical landscape, revitalized trade, and stronger supply chains, driving global demand for gems and jewellery. However, GJEPC is continuously exploring new markets while strengthening its presence in existing ones. In a significant milestone, GJEPC will be organizing its first exhibition in Saudi Arabia. The event will be held in the vibrant city of Jeddah from September 11 to 13, 2025. This will serve as a gateway to boost bilateral trade between India and the GCC region. Our gem and jewellery industry is highly equipped to meet the requirement of any market worldwide. With unparalleled capacity, advanced technology, skilled artisans, and talented designers, we are prepared to excel on the global stage. Together, we will contribute significantly to the Hon’ble Prime Minister’s vision of a Viksit Bharat.”

Shri R. Arulanandan (IAS), Director, Deptt of Commerce Ministry of Commerce & Industries, said, “The Ministry has been working closely with GJEPC to understand concerns of the trade. Year 2024 was a year of achievement and lot of industry issues resolved paving the way for unprecedented growth of the gem & jewellery sector. IIJS Signature is truly an international show and paves the way for a bright exponential growth.”

Shri Deependra Singh Kushwaha (IAS) Development Commissioner Industries Government of Maharashtra, said, “The gem & jewellery industry is symbolic of India’s tremendous tradition of entrepreneurship in addition to being part of its culture and heritage. Maharashtra accounts for 47% of India’s total gem & jewellery exports and employs 3.5 lakh workers. Mumbai has iconic infrastructure such the Bharat Diamond Bourse, SEEPZ and the world’s largest handmade jewellery hub in Zaveri Bazaar and Dagina Bazaar. With the upcoming India Jewellery Park in Navi Mumbai, 1 lakh people will get employment. With this Rs 50,000 crore investment in the Jewellery Park, Maharashtra will take centre-stage in India’s gem & jewellery industry. The State is committed to training and skill development as Maharashtra stands at the cusp of transformation. We shall improvise policy, facilitate ease of doing business. The gem & jewellery business is not just an economic driver but an embodiment of creativity craftsmanship and aspiration.”

Shri Suvankar Sen, CMD Senco Gold & Diamonds, said, “I have seen IIJS Signature show evolving and today it is a wonderful platform to innovate, think new and capture attention of domestic & international buyers. India’s gem & jewellery business has two strengths: the first of which is quality in design & aesthetics and smart-tech for jewellery manufacturing. The other key aspect of the growth of India’s gem & jewellery business is knowledge. GJEPC is taking several initiatives to share ideas and knowledge for the future. Knowledge is important for the Gen Next and the youth to get employed in the gem & jewellery industry. The knowledge has to penetrate deeper so that India can become knowledge and skill hub of the global gem & jewellery trade.”

Kirit Bhansali, Vice Chairman, GJEPC said, “As the first show of the calendar year, IIJS Signature holds great importance for our industry. It sets the tone, reflects the market sentiment, and provides valuable insights into what we can expect in the months ahead.”

Organized by the Gem & Jewellery Export Promotion Council (GJEPC), IIJS Signature 2025 has grown exponentially, featuring over 1,500 exhibitors across 3,000 stalls, covering 1.25 lakh square meters of exhibition space across two venues—JWCC and Bombay Exhibition Centre (BEC). The show is set to welcome 25,000+ trade visitors, including retailers from 800+ Indian cities and over 1,000 international visitors from 60+ countries.

The IIJS edition delivers an unparalleled experience with its innovative features and thoughtful initiatives. The Brilliant Bharat Concept, featuring the Brahmi Script theme for Prime members can enjoy exclusive access to the IIJS Prime Plus Lounge, streamlined digital entry with facial recognition, and user-friendly online visitor registration, including the Value Visitor Pack for the last two days of the show. Complementary international visitor registration, detailed updates via the IIJS app, and high-quality accommodations nearby further enhance the event. With five exhibition halls at BEC a full pavilion hall at JWCC, Innov8 Talks at both venues, and the IIJS Celebration Networking Eve on January 4th, the show is a perfect blend of business, innovation, and networking opportunities.

GIRI Trading Agency Launched Books at 48th Chennai Book Fair 2025

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6th January 2024: GIRI Trading Agency Private Limited is delighted to announce its active involvement in the prestigious Chennai Book Fair 2025 at the YMCA Ground, Nandanam. The company has established three exclusive stalls to exhibit its extensive range of publications that cater to diverse literary, cultural, and spiritual audiences.

A significant highlight of GIRI Trading Agency’s participation was the launch of 13 eagerly awaited books during a special event. These publications encompass literature, spirituality, cultural heritage, and philosophical thought, underscoring the company’s commitment to promoting knowledge and preserving Indian traditions. Notable titles being launched include: The Hindu Festival, Thus Spake The Divine, Akkalkot Shri Swami Samarth Leelamruta, Vel MaaRal, The Murugan and Ganesha Gita, and more inspiring works.

GIRI Publications, the publishing division of GIRI Trading Agency, has solidified its reputation as a leading name in South India’s literary scene. With a portfolio of nearly 1,000 titles, many of which have become bestsellers, GIRI Publications is synonymous with quality and authenticity in the fields of spirituality, tradition, and culture. This milestone reflects the organization’s unwavering dedication to promoting knowledge and preserving India’s rich heritage.

The book launch event was graced by a distinguished Chief Guest Mr. Sethu Chockalingam, President, Bapasi, Mr. T. S. Raghavan, Former Head of the Indian Bank, Mr. P. Swaminathan, Spiritual speaker, Mr. Kannan Bhattacharya, Spiritual speaker, Astrologer, Mr. Kannan, Religious and social worker, Member of Jana Kalyan, Mrs. Matangi Balaji, Author, Dr. Arivazhagan, Author and Mrs. Lakshmi Ravi, Author, Mr. Senthil, Member of Bapasi further elevating the importance of the occasion. The presence of these distinguished individuals added prestige to the occasion, drawing a diverse audience, including literary enthusiasts, spiritual seekers, and cultural connoisseurs.

Megastar Chiranjeevi graces APTA Katalyst Global Business Conference 2025

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January 06, 2025: Megastar Chiranjeevi graced the APTA Katalyst Global Business Conference 2025 at Hitex on Saturday late evening.

It is the gathering of entrepreneurs. What should I say? I don’t even know the spelling of entrepreneur. But, I will speak about my life and my journey in the film industry which you can interpret the way you see it in the entrepreneurial journey.

I am an entrepreneur in my own right as an actor. I can draw a lot of parallels. I am an entrepreneur without studying business management. I hail from a humble background. I tried my hand at sports, but that didn’t go well. I was a NCC cadet during college. I even represented the state in the Republic Day parade in Delhi, But, I didn’t see much of the future. Then one day I got an opportunity to act in a theatre play during my college days, which earned me a good name for my impeccable performance. I received a lot of accolades. That made me find my passion. I wanted to pursue my acting career. Though my father didn’t object to it, he cautioned me sufficiently. I went to the film training institute in Chennai. I got my first break even before I completed my training. I faced my own share of problems, ups and downs.

Then more and more opportunities came. I got an opportunity to act along with NTR Garu and Rati Agnihotri in Tiruguleni Manishi. But it flopped. The same producer who blocked my dates. but backed out later and gave a chance to some other actor. When asked he told me that they couldn’t proceed with me because of the flop movie I delivered. Then I told to myself that I would give such performances so that the same producer would come back and cast me in. Which it happened. He produced more movies with me subsequently. When I last counted I found that he produced more movies with me than Mr. NTR.

It taught me that your positive thinking is your asset, it is your strength. I never let negative feelings come to me even when my films fail. It also taught me that we must turn obstacles into opportunities, which I did many times.

Once a film distributor was willing to put in Rs 75 lakhs to produce a movie with me. The same producer didn’t want to put in more than 25 lakhs for some other actor. His reason was that people remained in their seats during fights and dance sequences of my films. Normally the audience takes a mini break to attend natural calls or have a cup of tea during such sequences. The producer felt that they were glued to their seats because of my dance and acting performance. Then I became the first actor to act in a crore movie budget. Subsequently, I was even paid one crore for my role in the film. These were my small, small achievements, he told the audience amidst their cheers.

Pawan Kalyan, Ramcharan….every member of my family is my achievement, he added

I always used to admire the Kapoor family in the Bollywood. I want my family to be known and remembered like theirs. Today nearly 9 or 10 of us are in the film industry. Rightfully one magazine mentioned our family as “Kapoor Family of the South. This fact Pawan Kalyan reminded me recently, he shared.

I am not worried about numbers and positions. If you work hard your position will remain the same. I am here because of my fans, who have recognised me much before the industry has recognised me.

For an actor, talent alone is not important. Your behaviour is more important than your talent in your initial as well as all through your acting career, he announced and concluded his one-and-a-half hour-long address. I haven’t ever spoken so openly. I don’t know why I am sharing with you. I found you are my family he told the crowd. He assured full support to the APTA-American Progressive Telugu Association

Chiranjeevi appreciated the efforts of Dr Subu Kota, Honorary Conference Chairman; Sagar Lagisetti, Conference Convenor; Chandra Sekhar Nallam, Conference Secretary; Tej Pakyala, Conference Treasurer; Madhu Vulli, APTA President 2025; Ramesh Thumu, Business Forum Chair and Vinay Velivela, PR & Media Chair because of whose efforts 1000 delegates of Indian-origin entrepreneurs from over ten countries such as North America, Europe, India, the Middle East, and Asia could participate in the maiden Global Business Conference.

NIPHA Group Marks 65 Years of Pioneering Innovation and Social Impact

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Kolkata, 6th January 2024: Marking a remarkable 65-year journey of pioneering innovation and societal contributions, NIPHA Group, an Indian engineering and manufacturing leader, celebrated its anniversary with the launch of Grihasth Rishi, a biography honouring its legendary Chairman Emeritus, Late Shri G. D. Shah. Held in Kolkata, the event was attended by prominent industry leaders, including Shri R. S. Goenka, Founder & Non-Executive Chairman, Emami Group; Shri Saroj Kumar Poddar, Chairman, Adventz Group; Shri Raj Anand, Executive Chairman, of Southern States LLC; and Shri Satya Narayan Sharma, Former Minister, Chhattisgarh, and Madhya Pradesh. Shri M. C. Shah, Chairman, NIPHA, led the celebrations, which concluded with a riveting Sarod performance by Padma Vibhushan Ustad Amjad Ali Khan Saheb and his family, paying a soulful tribute to the company’s legacy.

Founded in 1960, NIPHA has played a pivotal role in India’s industrial revolution, evolving from a manufacturer of jute machinery components to offering a diverse range of products, including ferrous and non-ferrous castings, forged and hot-formed components, precision-machined components and gearboxes. The company also specializes in sub-assemblies and equipment tailored specifically for the agricultural and jute industries. NIPHA’s foray into microfinance with Sarwadi Finance and strategic investments in platforms like NowPurchase have solidified its presence in West Bengal. The company exports products to over 30 countries worldwide.

At the event, NIPHA announced its acquisition of a U.S.-based company to bolster its nearshore presence in its largest market and leverage the prevailing China +1 strategy. Additionally, NIPHA revealed plans for two Greenfield projects in Dankuni (1,50,000 sq ft) and Chandannagar (1,35,000 sq ft), along with a Brownfield expansion in Falta (50,000 sq ft), further demonstrating its commitment to the region and potential job creation. As a proud global company with deep roots in Bengal, NIPHA is focused on enhancing its diverse engineering capabilities while contributing to local employment.

NIPHA is leading the modernization of jute mills in West Bengal, having upgraded over 70% of the weaving machines in the area. It has also become the largest manufacturer of agricultural machinery in West Bengal, earning the trust of local farmers.

NIPHA Group commemorated its 65th anniversary by releasing a biography on Late Shri G. D. Shah, Chairman Emeritus, NIPHA. Grihastha Rishi illustrates Shri G. D. Shah’s profound influence on India’s engineering sector and his role as a global leader from Bengal. As Chairman of the Engineering Export Promotion Council (EEPC India) and Bharat Chamber of Commerce and a director in leading financial institutions, Shah’s contributions extended far beyond business, influencing education, industry policy and community welfare.

The evening’s highlight was a spellbinding Sarod recital by Ustad Amjad Ali Khan Saheb, joined by his sons Amaan and Ayaan Ali Bangash, and grandsons Abeer and Zohaan Ali Bangash. The performance resonated with the values of heritage, collaboration and excellence that define NIPHA’s 65-year journey.

Commenting on their 65-year journey, Chairman of NIPHA, Shri M.C. Shah remarked, “Nipha is doubling down on our commitment to West Bengal. With more than 2,000 local employees and seven operational units in the region, we are excited to announce two new Greenfield projects coming within the next 12 months. Our focus here strengthens our roots and reinforces our dedication to driving local growth and innovation”

Manubhai & Shah LLP celebrates 50 years of existence

Manuhai & Shah LLP 50 years celebration

06th January 2024: Ahmedabad: Manubhai & Shah LLP, an accounting firm, marked its 50-year milestone with a celebration in Ahmedabad on Friday. Founded in 1975, it has grown into a national firm with a global client base, serving industries ranging from privately held businesses to publicly traded companies and non-profit organizations.

The golden jubilee celebrations were marked by a special keynote address by CA TN Manoharan, Padma Shri awardee and former President of the Institute of Chartered Accountants of India (ICAI).

Speaking on the topic “Tomorrow’s India and the Future of the Accounting Profession,” CA Manoharan shared insights on the evolving landscape of accounting in India.

“India is on the cusp of transformational growth, fuelled by its demographic advantage, political stability, dynamic policies and a thriving entrepreneurial sprit. With its strengths in technology, manufacturing and innovation, India is not just witnessing progress but shaping the future of the global economy. By empowering its youth and embracing opportunities, there’s no limit to the heights India can achieve as it marches toward its centenary of independence in 2047,” he said.

Speaking about the future of accounting profession, he said, “The accounting profession is evolving beyond number-crunching to become a vital force in strategic decision-making and leadership. The opportunities are growing. CA as a profession provides the strong foundation to excel in any field. There is a need to reorient to align ourselves with the evolving times.”

Reflecting on the firm’s journey of five decades, Kaushik Patel, Managing Partner of Manubhai & Shah LLP, said, “What started as a small vision in 1975 with two partners has now grown into a team of eighteen partners who are supported by team of qualified professionals. As we celebrate this milestone, we are proud of what we have achieved over the last 50 years and look forward to building on our success over the coming years.”

Kshitij Patel, Managing Partner of Manubhai & Shah LLP, said, “We are scaling up our presence and aim to have a nationwide presence in the next few years and are adopting the latest technological tools to serve clients better. With a strong focus on international operations, we are also prioritising domestic growth to support the country’s economic growth.”

The event was attended by leading chartered accountants, business leaders, and prominent figures from trade and industry.

Fixity Group to Invest Rs 100 Crore, Expand to 1000 Employees

FIXITY TO SET UP A DRONE UNIVERSITY A FIRST OF ITS KIND IN AP

January 04, 2025Fixity Group of Companies founded by an NRI IT entrepreneur is in an expansion mode. It plans to invest INR 100 crore in the next two years

The group comprises of FixityEDx, Fixity Tech, Fixity Learn and Brain Marks. It has interests in IT, Education, Skills, Investments, Sustainability, Health Care, Hospitality etc and others.

Currently, the company has bases in the USA, India and Mexico.

Speaking to the media on the sidelines of the APTA KATALYST – Global Business Conference, Vinay Velivela, Chairman and Founder of Fixity Group said that the company was foraying into the plastic, electronic recycling business. It acquired recently a new company to that effect.

We are setting up a nursing college, Drone University Vinay announced. Until now we had a major presence in Hyderabad. Now we are expanding in Andhra Pradesh. All the above-stated plans will come up in Andhra Pradesh, he stated.

E-waste, solar battery, and lithium battery waste are big opportunities. E-waste is a bomb to explodes anytime. We see a huge opportunity which is not yet tapped fully. Hence, we are foraying into it he added.

The drone university will be India’s first such university. Drones are now being used in a variety of applications. With MoUs to be inked with several countries and institutions across the globe, it will be the state-of-the-art drone centre for excellence, Vinay Velivela shared.

Another ambitious project on the anvil is Regional Shark Tank to nurture local entrepreneurs with funding and guidance, he added

A visionary with business interests in IT, Up-skilling, Education, Health Care, and Environment, the company is aiming its resources from a current strength of 500 to 1000 in the next couple of years.

Vinay who is an office bearer of the American Progressive Telugu Association (APTA) believes in leading his companies with compassion and understanding. Empathetic leadership should be at the core of day-to-day operations, he adds.

FTCCI on Telangana’s Clean & Green Energy Policy

Hyderabad,, January 04, 2025…..The Federation of Telangana Chambers of Commerce and Industry (FTCCI) extends its heartfelt congratulations to the Government of Telangana for coming out with the Draft Renewable Energy (RE) Policy, aimed at promoting sustainable energy solutions across the state. This forward-thinking policy is hailed as one of the best in the country and is expected to set a benchmark for other states to follow.

FTCCI deeply appreciates the dedicated efforts of Hon’ble Deputy Chief Minister Sri Bhatti Vikramarka Mallu and the tireless work of the energy department officials, including:

Sri Sandeep Kumar Sultania, IAS, Principal Secretary to Govt.
Sri Krishna Bhaskar, IAS, CMD, TGTRANSCO
Sri Musharraf, IAS, CMD, TGSPDCL
Sri Varun Reddy, IAS, CMD, TGNPDCL
Smt. Anila. V, VC and MD, TGREDCO

The draft policy shared at the stakeholders’ meeting yesterday was a significant milestone in Telangana’s journey toward becoming a renewable energy leader. FTCCI actively participated in the deliberations and provided valuable recommendations aimed at enhancing RE generation and consumption.

Key Recommendations given by FTCCI were:

1. Increase Net Metering Limits & Enhance Contract Demand Utilization:

a. Raise the cap from the existing 1 MW to 5 MW to align with evolving technological and economic standards, setting Telangana on par with or ahead of progressive states like Maharashtra.

b. Permit up to 100% of contract demand for RE, an increase from the current limit of 80%.

Facilitate Open Access: Allow open access for Solar, Wind, Hybrid, Co-generation, Waste-to-Energy (W2E), and Bio Energy projects, supported by favourable settlement terms akin to Regulation No. 2 of 2006.
Waive Wheeling Charges: Eliminate wheeling charges for open access sales of RE, making renewable energy more competitive and accessible.
Revise Transmission Charges: Consider levying transmission charges for RE developers on a Rs/unit basis instead of the existing Rs/KWH/month model.
Support for MSMEs: Design targeted incentives to encourage renewable energy adoption among Micro, Small, and Medium Enterprises (MSMEs).
Promote Solar Parks: Facilitate the development of solar parks by government and private entities, prioritizing land allocation as per MNRE Solar Park norms.

Expand PM KUSUM Scheme: Permit solar plants above 2 MW under the PM KUSUM scheme, following the example of states like Rajasthan (10 MW), Maharashtra (10 MW), and Andhra Pradesh (5 MW).

Mr. Suresh Kumar Singhal, President of FTCCI, thanked the government for acknowledging FTCCI’s recommendations and incorporating them into the policy framework.

Vinod Kumar Agarwal, Chair of the Energy Committee, FTCCI, lauded the government’s visionary approach: “This policy will propel Telangana to the forefront of renewable energy generation and consumption. Under the leadership of the Hon’ble Chief Minister, Telangana is poised to set new standards in sustainable energy development.”

The FTCCI remains committed to collaborating with the government and stakeholders to ensure the successful implementation of this landmark policy.