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Showing posts from October, 2025

The Hartford opens Technology Center in Hyderabad to Accelerate AI Innovation

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The Hartford a leading U.S.-based insurance company, announces the grand opening of its new India Technology Center today in Hyderabad’s Financial District . This strategic expansion reinforces the company’s commitment to advancing artificial intelligence and digital innovation.   The Hartford will operate its cutting-edge technology center from the top two floors of Kalyani Trident, a facility designed to ignite innovation and energize teams. The office features dynamic collaboration areas to foster teamwork and creativity, state-of-the-art workstations, and training facilities to support continual learning and professional growth. The new office also features a history wall celebrating The Hartford’s more-than-200-year legacy.   “The true strength of The Hartford has always been its people,” said The Hartford’s Chief Information Officer Shekar Pannala. “By building on our world-class workforce with this technology center in Hyderabad, we are not only creating new digita...

Swiggy Expands High Protein Category to 160+ cities; Launches New Subcategories and ‘Protein Minis’

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Swiggy India’s pioneering on-demand convenience platform, today announced that it has expanded its high protein category to 160+ cities. Users can choose from over 1 million high protein dish options across a network of 1.4 lakh restaurants. Swiggy also expanded its High Protein offering with the launch of new subcategories and the introduction of Protein Minis- bite-sized, protein-packed options designed to fit into modern lifestyles.   The new subcategories, Low Cal, No Fry and Gluten Free, have been thoughtfully designed to simplify the discovery of meals that cater to evolving dietary preferences. The Low Cal category is tailored for calorie-conscious users featuring food items under 400 kcal. With No Fry sub category, Swiggy app will offer a range of grilled, roasted, and steamed items for those who prefer healthier food options, while Gluten Free sub category highlights millet, quinoa, and other alternatives for those with specific dietary restrictions. These three new sub-...

ITC Master Chef Expands Frozen Foods Portfolio with Two Irresistible New Launches

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ITC Master Chef, one of India’s most trusted brands in the frozen foods category, has unveiled two indulgent new additions to its portfolio- Chicken Malai Seekh Kebab and Piri Piri French Fries . With these launches, the brand continues to strengthen its promise of offering consumers delicious, high-quality, and convenient snacking options that are perfect for every occasion. The new Piri Piri French Fries bri ngs a bold twist to the timeless French fries, inspired by one of the most popular flavours. Made from good potatoes and given with a tasty masala mix and balanced spices, they are perfectly crisp and full of flavour. Each pack comes with two easy-to-use sachets of piri piri seasoning, allowing consumers to add just the right kick of zest. It p romises a fiery, flavourful snacking experience that’s quick to prepare in an air fryer or can be deep fried - perfect for every occasion. ITC Master Chef Chicken Malai Seekh Kebab - is a creamy, juicy, and protein-rich delicacy m...

BVG India Files DRHP for ₹300 Crore Fresh Issue and OFS of 2.85 Crore Shares

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Pune-headquartered BVG India Limited , the country’s largest integrated facility management (IFM) services provider, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO). The issue comprises a fresh issue of equity shares aggregating up to ₹300 crore and an offer for sale (OFS) of up to 2.85 crore equity shares by existing shareholders. Out of the fresh issue proceeds, ₹250 crore has been earmarked for repayment or pre-payment of borrowings, while the balance will be deployed towards general corporate purposes. The company operates through three business verticals —Integrated Facility Management (IFM), Emergency Response Services (ERS), and Environment & Sustainability Services (ESS)—catering to clients across industrial, commercial, healthcare, education, government and transport infrastructure sectors . Under IFM, BVG India provides soft services such as mechanised housekeeping, jan...

High-voltage conductivity products manufacturer Oswal Cables Limited files DRHP with SEBI

Jaipur headquartered, Oswal Cables Limited has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator SEBI. The Company plans to raise Rs. 500 Crores through a mix of Fresh Issue aggregating up to Rs. 300 Crores and Offer for Sale of Up to 22,200,000 Equity Shares of face value of ₹ 5/- each via IPO. Oswal Cables Limited, is an integrated manufacturer of high voltage conductivity products with a voltage spectrum of up to 765 kV, deployed across critical energy infrastructure uses including transmission and distribution, renewable energy integration, railways and industrial application. The Company has demonstrated strong financial growth in recent years, positioning itself among the top ten cable and conductor companies in India by turnover. (Source: F&S Report). The Company proposes to utilize the Net Proceeds from the Offer towards: Funding capital expenditure requirements for setting up a new project; Repayment/pre-payment, in part or full, of certain borrowin...

Premier Industrial Corporation Limited files DRHP with SEBI

Premier Industrial Corporation Limited one of the fastest growing manufacturers in both powders as well as wires categories of welding consumables industry has filed its Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (SEBI). The company’s initial public offering comprises 27,900,000 equity shares of face value ₹10 each, including a fresh issue of up to 22,500,000 equity shares and an offer for sale of up to 5,400,000 equity shares. The Offer for sale constitutes up to 2,170,800 equity shares aggregating by Arvind Chhotalal Morzaria, up to 1,740,030 equity shares by Dilip Chhotalal Morzaria, up to 1,078,770 equity shares by Subhash Chhotalal Morzaria, up to 341,895 equity shares by Lalit Navinchandra Morzaria and up to 68,505 equity shares by Nirmala Navinchandra Morzaria collectively the known as the selling shareholders. In consultation with the BRLMs, Premier Industrial Corporation Limited may consider a Pre-IPO aggregating up t...

PowerSchool expanding with launch of New Centre of Excellence in Chennai

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PowerSchool, a global leader in cloud-based software for K-12 education, announced the opening of its new Centre of Excellence (CoE) in Chennai, further strengthening its India operations and reaffirming its long-term commitment to the region. The new 300-seater facility marks a key milestone in PowerSchool’s growth journey, tapping into India’s thriving talent pool to accelerate innovation and global collaboration. With a focus on building advanced AI and machine learning capabilities, the Chennai CoE will play a pivotal role in driving PowerSchool’s global and India-focussed technology strategy. PowerSchool currently employs approximately more than 1,450 people in India (~175 in Chennai and ~1,300 in Bengaluru) and with this workforce, the organisation continues to serve both global and India markets while expanding its capabilities in line with its growth strategy. The Chennai CoE will bring multiple teams under one roof, enabling closer collaboration, innovation, and knowledge-s...

Godrej reinforces its consumer commitment with innovative AI-Powered Wash Care Technology

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In line with its vision to deliver meaningful innovation that enhances everyday living, the Appliances Business of Godrej Enterprises Group (GEG) has unveiled a new advancement in its front load washing machine portfolio, the AI-Powered Turbidity Sensing Technology . This launch reflects GEG’s continued focus on solving real consumer challenges through intelligent and sustainable technology. By addressing the often-overlooked issue of excess detergent residue in laundered clothes, the company aims to elevate fabric care standards while promoting skin safety and long-term garment durability.   The AI-powered turbidity sensing technology has been rigorously tested to deliver up to 50% better detergent residue removal *, ensuring enhanced fabric care and improved skin safety. This innovation combines intelligent automation with consumer-centric design while also contributing towards sustainability, with longer lasting garments. Designed and manufactured in India, these washing mach...

Jawa Yezdi Motorcycles Marks World Coffee Day, Announces Launch of Premium Limited-Edition Single-Origin Yezdi Coffee

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  Jawa Yezdi Motorcycles rewrites the brand love playbook once again with a homecoming ride in the atmospheric coffee heartland of Coorg. The company reignited its iconic Jawa Yezdi Nomads riding program and launched the single-origin, gourmet 'Yezdi Coffee’ in partnership with Levista Coffee at their SLN Coffee estate. In 2018, the company marked return of iconic brands Jawa and Yezdi in mid-size segment by launching performance classic motorcycles. Riding off the conventional route, Jawa Yezdi Motorcycles focussed on building communities and subcultures around shared values. The spur? Authentic user experiences that created lasting brand loyalty. The 2025 Jawa Yezdi Nomads Brewscape, dubbed ‘Roots to Routes’, was an immersive riding experience showcasing its newly launched Yezdi Roadster. The journey began in Mysore, the birthplace of Ideal Jawa, and culminated in Madikeri, Coorg, home to India's most authentic coffee varieties. This ride offered national media, enthusias...

Pride Hotels Limited files DRHP with SEBI for an IPO

  Pride Hotels Limited, headquartered in New Delhi, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). The company is the sixth largest hotel chain in India in terms of chain owned inventory in the upscale, upper midscale, and midscale segments (Source: Horwath Report)   The offer comprises a fresh issue of equity shares aggregating up to ₹2,600.00 million (₹260 crores) and an offer for sale of up to 39,239,446 equity shares of face value of ₹5 each.   The offer for sale includes sale of equity shares by Sureshchand Premchand Jain of up to 5,963,978 shares, Meena Sureshchand Jain of up to 2,205,030 shares, Satyen Suresh Jain of up to 5,344,740 shares, ASP Enterprises Private Limited of up to 4,964,350 shares, The Executive Inn Limited of up to 2,394,136 shares, Kopra Estate Private Limited of up to 3,049,010 shares, and Pride Plaza (I) Private Limited of up to 2,651,313 shares (The Promoter selling shareholders).   ...

Helmet Violations Account for Over 34% of Traffic Offences: ACKO’s Challan Report

  ACKO, India’s leading protection destination, has released its first-ever Challan Report, built on millions of data points collected between December 2024 and June 2025. The report uncovers India’s most common traffic violations and highlights how unsafe driving habits continue to put lives at risk. The findings reveal that helmet non-compliance is the most broken traffic rule in India, with over 10.5 million helmet-related offences recorded during the study period. Alarmingly, one in three riders is found driving without a helmet, and these violations alone account for 34.8% of all challans issued. City-wise insights into driving behaviour The report provides an in-depth look at driving behaviour across major Indian cities: Repeat offenders: Bengaluru tops the list, with 10.8% of users holding more than 10 pending challans, followed by Chennai (8.1%), Delhi (5.7%), Mumbai (4.8%), Pune (3.2%), Kolkata (2.3%), Hyderabad (1.7%), and Ahmedabad (1.6%). Chall...

India Ratings Affirms Star Health Insurance Company's Rating at ‘IND AA+’ with a Stable Outlook

  Star Health and Allied Insurance Company Limited (Star Health), India’s leading standalone health insurer, announced that India Ratings and Research (Ind-Ra) has affirmed the Company’s rating at at ‘IND AA+’ with a Stable outlook, while also reaffirming the subordinated debt rating at ‘IND AA’ with a Stable outlook. The affirmation reflects Star Health’s strong market leadership, robust underwriting practices, and differentiated operating model. The company continues to hold a 33% share of the retail health insurance market, the highest in India. For FY25, it reported a gross written premium (GWP) of ₹16,781 crore, driven by a wide distribution network and strong brand equity. Ind-Ra notes that Star Health’s financial resilience is supported not just by scale and solvency with a solvency ratio of 2.21x as of March 2025, well above the regulatory minimum of 1.5x, but also by its operational model that includes a large team of in-house doctors, efficient claim processing system...