16, Jan 2025
Cancer survivors to participate in Tata Mumbai Marathon 2025

Mumbai, 16th January 2025 – Ten cancer survivors will participate in the prestigious Tata Mumbai Marathon 2025. Competing with participants from across the globe – two from Lucknow, three from Delhi, one from Kolkata, and four from Mumbai, will take to the marathon course. Participating under the aegis of CanKids KidsCan, the National Society for Change for Childhood Cancer in India, these marathon runners will participate in the ‘Dream Run’ category, symbolizing their strength, determination.

For the 15th consecutive year, CanKids KidsCan will participate in this iconic event, spotlighting the courage and resilience of childhood cancer survivors. For the last six years, CanKids’ survivors have been regularly participating in the marathon.

“The survivors are the heart of our mission,” said Ms Poonam Bagai, Founder-Chairman of CanKids and a cancer survivor herself. “Their participation in the Tata Mumbai Marathon symbolizes the strength, hope, and determination it takes to fight and overcome cancer. They are not just survivors but warriors who inspire us all.”

Among the survivors running in the Tata Mumbai Marathon 2025 is 17-year-old Sumit Gupta, a passionate cricketer from Varanasi. Diagnosed with tuberculosis at 6 and Hodgkin’s Lymphoma (Stage 3) at 11, Sumit persevered through surgeries, chemotherapy, and setbacks, staying active and dedicated to his cricket dreams. Now training in Mumbai to represent India, Sumit’s participation is a powerful symbol of resilience and hope for children battling cancer.

Also participating is 21-year-old Atul Singh Rathod, a survivor of Retinoblastoma. Diagnosed with eye cancer at just 2, Atul triumphed with the unwavering support of his mother and exceptional care at AIIMS. Now thriving, he is running to raise awareness and funds for children with cancer, advocating for timely care as the key to overcoming childhood cancer.

Sugandha Kumari, a Germ Cell Tumor survivor who now leads over 200 cancer survivors in Uttar Pradesh, is also running, raising awareness and funds for children battling cancer.

Running alongside these survivors are 175 CanKids supporters, individual runners, and senior citizens. This group includes Ms Vidya, an avid marathoner who has completed over 100 half-marathons. Vidya comes especially from Singapore to participate in her 12th TMM for CanKids. “It’s a rush of energy and pride when I run along with childhood cancer survivors. It is also a very humbling experience when I see the energy and enthusiasm of the kids,” shared Vidya.

16, Jan 2025
Rashmeet Kaur Returns with Behja– A Bold Punjabi-Pop Anthem

rashmeet

Rashmeet Kaur is back with her latest single, Behja, releasing today only on Times Music. This tongue-in-cheek pop track draws inspiration from the playful taunts and romance dynamics of Punjabi culture. A theatrical exchange between lovers, Behja blends catchy lyrics, vibrant visuals, and irresistible beats to create a song designed to make you dance.

Directed by Rashmeet herself, Behja continues her streak of self-directed hits like Haye Ri Duniya and Udd Jana. Sharing her vision for the track, she explains, “Pop and Punjabi music are both designed to make people want to move, to repeat lyrics, to dance—that’s what Behja is.”

Produced by Saurabh Lokhande, the song combines traditional folk elements like the harmonium with electronic production to deliver a modern dance anthem. The choreography, crafted by Alisha Singh, lets Rashmeet dive into her passion for movement, blending isolations and stylings from Punjabi folk giddha to pop formations.

But Behja is just the beginning. Fans can look forward to two more exciting tracks from Rashmeet—Crazy in Love and Na Kaha—releasing soon only on Times Music. With these upcoming hits, 2025 is shaping up to be a groundbreaking year for Rashmeet Kaur.

16, Jan 2025
Thailand Week Bangalore 2025 at Orion Mall Brigade Gateway

orion

16th January 2025: Orion Mall @ Brigade Gateway will be hosting Thailand Week 2025 from 17th January to 19th January 2025 featuring 24 prominent Thai exhibitors across four primary categories including food and beverage, health & beauty, household products, and fashion & accessories. The event will also host an engaging array of authentic Thai cultural performances and culinary demonstrations.

16, Jan 2025
IMR Doctoral Conference 2025 on 17th and 18th January

16 January, 2025, Bengaluru: The IMR Doctoral Conference 2025 (IMRDC 2025), organized by Indian Institute of Management Bangalore’s flagship quarterly journal IIMB Management Review (IMR) and the Office of the Doctoral Programme, will be held on 17th and 18th January 2025, at N-001 of the institute campus. The 16th IMRDC will consist of a hybrid model to facilitate the participation of virtual delegates.

IMRDC is an annual doctoral colloquium in Management and associated disciplines, which aims to encourage doctoral research and facilitate collaborative work among researchers from different institutions.The benchmark event is commended by academicians and participants for the thorough and constructive feedback provided through its ‘one exclusive discussant per paper’ format.

This year, the two-day event will comprise a keynote address, panel discussion and 11 select paper presentations by doctoral students.

Prof. Viral V. Acharya, C.V. Starr Professor of Economics, Department of Finance, New York University Stern School of Business (NYU-Stern), will deliver the keynote address on, ‘Banking Sector in India: The Past, the Present and the Future’, during the inaugural session on Day One.

Prof. Acharya will provide an overview of how the banking sector was stabilized during the past decade following excesses of the prior decade (especially following the Global Financial Crisis), the current opportunities as well as challenges in the face of digital finance and competition from non-tech lenders, and the implications going forward for risk management and financial stability for the banking sector as well as for the overall macroeconomy.

On Day Two, the panel discussion on, ‘Academic Job Market: Recruiters’ Perspective’, will be moderated by Prof. Chetan Subramanian, RBI Chair Professor in Economics at IIM Bangalore.

This year’s conference received around 100 full paper submissions by students from leading Indian and global management schools and universities. Eleven papers have been selected for presentation at the conference with a dedicated discussant to critique each paper. The selection was through a rigorous three-tier review process by the IMRDC Review Committee.

16, Jan 2025
AuthBridge Introduces its New Brand Identity Taking the Positioning of “Trust Simplified”

Jan 16, 2025, India

AuthBridge, India’s leading trust and authentication technology company, is unveiling its refreshed brand identity, reflecting a forward-looking positioning of “Trust Simplified.” This evolution signals the company’s ongoing commitment to transforming the trust-building process for businesses, making it faster, simpler, and more secure. Whether for employees, customers, or third-party partners, AuthBridge is dedicated to streamlining the complexities of building trust, enabling businesses to thrive without the hassle.

As a pioneer in identity and verification solutions, AuthBridge, with its new identity, positions itself as more than just a solutions provider. It emerges as a trusted partner, working behind the scenes to empower businesses on their growth journey with precision and care—verifying the right talent, customers, and partners. This new positioning encapsulates the essence of the company’s promise: delivering frictionless, efficient, and secure solutions that simplify the process of building trust in the digital ecosystem.

“With over two decades of expertise, AuthBridge has been at the forefront of enabling businesses to verify, onboard, and build trust with individuals or entities. Our refreshed brand identity reinforces our commitment to providing innovative, scalable solutions that simplify complex trust-building processes, ensuring businesses thrive in a rapidly evolving digital landscape,” said Ajay Trehan, Founder and CEO of AuthBridge.

“Trust Simplified” is a promise that AuthBridge fulfills with reliability and diligence. It empowers business strategies with clear, actionable insights—free from jargon and confusion—delivering exactly the information needed to act with confidence. By seamlessly integrating into workflows, AuthBridge’s solutions simplify change, ensuring smooth operations and enabling businesses to focus on growth, rather than the complexities of verification and risk management related to employee background verification, customer onboarding, and third-party due diligence.

16, Jan 2025
Maha Kumbh Police Equipped with Eveready Siren Torches for Effective Crowd Management for a Safer Maha Kumbh 2025

Jan 16 2025 Prayagraj, India

In an endeavour to ensure the safety and security of millions of devotees attending the Maha Kumbh Mela, this year, Maha Kumbh Police is further enhancing safety at the event with support from Eveready Industries India Ltd., the country’s leading flashlight and battery manufacturer. As part of the initiative, Police personnel deputed for the grand duo-decennial occasion will be equipped with 5000 Eveready Siren torches, featuring a powerful safety alarm, to help maintain order. In addition, safety norms will be propagated across 56 police stations within the Mela premises.

The Maha Kumbh Mela 2025, a once in a lifetime event, is expected to draw approximately 400 million pilgrims this year. Given its sheer magnitude, it will be paramount for authorities including the Maha Kumbh Police to ensure a peaceful and transformative experience for all devotees at the event. To contribute to this objective, Eveready has stepped forward to present its latest innovation, the Siren Torch DL102, to the Maha Kumbh Police.

Eveready Ultima Batteries & Siren Torches will also be prominently visible across the Kumbh VIP Dome City and various parts of the holy city.

Commenting on the initiative, SSP Kumbh Mela, Shri. Rajesh Dwivedi, said, “We have made extensive arrangements for the safety and security of pilgrims. Eveready’s Siren torches will also be an important part of this arrangement. It will definitely help strengthen our efforts.”

The Eveready Siren Torch, while serving as a traditional flashlight, transforms into a powerful and empowering safety device with a 100dbA sound alarm that can be activated by simply pulling an attached keychain. As part of this initiative, Eveready will undertake a practical demonstration for the Maha Kumbh Police to showcase the dual functionality and utility of the device. This versatile and pocket-friendly flashlight which is more than just a product, is a symbol of safety, empowerment and the ability to raise one’s voice in critical moments.

Anirban Banerjee, Sr. Vice President & SBU Head (Batteries & Flashlights) at Eveready Industries India Ltd., said, “The Maha Kumbh Mela is one of the world’s largest congregations and this year the 44-day long spectacle is expected to draw unprecedented visitors. Over the years, police has consistently done a commendable job by efficiently managing large crowds thereby safeguarding millions of pilgrims during their spiritual journey. This year, we are proud to join forces with the Maha Kumbh Police equipping them with the powerful Siren Torch to assist them in effective crowd management and maintaining a safe environment.”

16, Jan 2025
Siddharth Vihar: The New Address for Premium Luxury Living in NCR

Jan 16, 2025 Delhi NCR, India

The rising demand for luxury homes in Delhi-NCR has sparked the search for new ideal locations that offer a blend of convenience, modern amenities, and upscale living. As buyers increasingly seek well-connected and thoughtfully planned neighborhoods, the spotlight shifts toward emerging areas that promise unparalleled value and lifestyle benefits. Amidst this search, Siddharth Vihar in Ghaziabad is rapidly carving a niche as the new address for premium luxury living. With its strategic location and high-end residential developments, Siddharth Vihar is gaining recognition as a promising luxury hotspot in NCR.

Positioned along the NH-24 and seamlessly connected to the Delhi-Meerut Expressway, Siddharth Vihar offers the perfect balance of urban accessibility and tranquil surroundings. One of its most compelling features is exceptional connectivity that ensures seamless access to key NCR cities such as Delhi, Noida, and Greater Noida. Further, the proposed RRTS elevates Siddharth Vihar’s convenience quotient. Starting from Siddharth Vihar in Ghaziabad, the line will extend to Greater Noida West, Alpha One, and Noida International Airport. Once operational, the metro connectivity will drastically improve the city’s accessibility to major hubs, making the area even more attractive to homebuyers seeking efficient public transportation options.

Over the last couple of years, Ghaziabad has seen significant launches in the luxury housing segment. According to a report by PropEquity, between 2019 and September 2024, Ghaziabad witnessed a new supply jump by 14% and a capital appreciation of 139% from Rs. 3691 per sq. ft. to Rs.8823 per sq. ft. This pricing advantage allows homebuyers to access premium luxury residences without the hefty price tags often associated with traditional luxury markets, making Siddharth Vihar an attractive proposition for luxury living. Moreover, when compared to other parts of NCR, Siddharth Vihar is fast catching up with the interest of investors and end-users for luxury homes. Additionally, the upcoming Noida International Airport is set to be a massive boost for real estate demand in surrounding areas. Thus, with the area witnessing rapid appreciation over the past few years, investors can expect substantial capital gains in the future.

Besides, the residential landscape in Siddharth Vihar showcases a blend of modern architecture, sustainable designs, and premium amenities. Developers are focusing on creating world-class homes that offer spacious layouts, contemporary designs, and eco-friendly features. Among the standout developments is Prateek Grand Begonia, the latest offering from the renowned Prateek Group. Recently launched, the project is witnessing heightened interest from buyers and investors. It features thoughtfully curated theme-based design, combining colonial architecture with grand arches, elegant sculptures, and lush green landscapes. Positioned along the NH-24 corridor, this development promises an unmatched lifestyle experience for residents while offering immense potential for long-term appreciation.

Siddharth Vihar is enriched with social infrastructure, offering an excellent mix of educational, healthcare, and recreational facilities. The area is home to reputed schools that cater to families looking for quality education for their children. World-class healthcare facilities are within close reach, ensuring easy access to medical care.

Siddharth Vihar’s rapid transformation into a luxury living hub is driven by exceptional connectivity, well-planned infrastructure, and a surge in luxury housing projects. Due to its strategic positioning and upcoming infrastructure projects, it promises to continue its trajectory of growth, with further appreciation in property values expected. This offers a unique opportunity for investors and homebuyers to secure a foothold in one of NCR’s most sought-after regions for luxury real estate.

16, Jan 2025
Protinex Partners with Kaun Banega Crorepati 16 to Raise Awareness About Daily Protein Intake for a Healthy Body and Mind

Jan 16, 2025  Mumbai, India

Features Protinex in this celebrated season to spotlight protein’s critical role in a healthy lifestyle

During every audience poll segment, each member of the studio audience will receive an exclusive Protinex hamper as a token of appreciation for their participation

Protinex, India’s leading health nutrition brand from the house of Danone, is thrilled to announce its collaboration with India’s most beloved gameshow, Kaun Banega Crorepati (KBC), hosted by the iconic actor Amitabh Bachchan that airs every Monday to Friday at 9 PM on Sony Entertainment Television. This unique partnership celebrates the perfect synergy of knowledge and health.

As a co-powered partner of KBC 16, Protinex aims to amplify awareness about the critical role of protein in maintaining a healthy lifestyle by integrating itself into the gameshow to promote its message of holistic health. During every audience poll segment, each member of the studio audience will receive an exclusive Protinex hamper as a token of appreciation for their participation. Adding further value to the collaboration, Amitabh Bachchan himself will educate viewers on the importance of protein as a macronutrient and the necessity of choosing trusted supplements to meet daily nutritional requirements.

“At Danone India, we believe in empowering individuals to take charge of their health through informed choices. Our partnership with Kaun Banega Crorepati is a testament to our commitment to spreading awareness about protein’s vital role in everyday nutrition. By associating with a platform as influential as KBC, we aim to inspire millions of viewers to prioritize their health and well-being,” said Sriram Padmanabhan, Marketing Director, Danone India.

Sandeep Mehrotra, Head—Ad Sales, Network Channels, at Sony Pictures Networks India (SPNI) added, “Kaun Banega Crorepati is more than just a show – it’s an institution that brings families together. As an iconic property, it offers brands a unique opportunity to connect with their target audience in a trusted and engaging environment. We’re delighted to partner with Protinex for the first time and craft bespoke solutions that not only meet their business objectives but also seamlessly integrate into the content, creating a holistic and impactful brand experience.”

Further speaking about the association, Shekhar Banerjee, Chief Client Officer, and Office Head – West, North & East, Wavemaker India said, “At Wavemaker, we strive to bring brands closer to audiences in ways that truly matter. This partnership between Protinex and Kaun Banega Crorepati is all about sparking conversations that can inspire healthier choices for millions of viewers. By seamlessly integrating the message of daily protein intake into one of India’s most iconic shows, we are not just amplifying awareness but creating a lasting impact on the way people perceive health and nutrition.”

Protein is a cornerstone of good health, contributing to muscle repair, immunity, and overall energy levels. However, research indicates that India faces a significant protein gap, with many individuals unaware of their daily protein needs. Protinex’s collaboration with KBC is designed to raise awareness towards bridging this gap by combining entertainment with education, leveraging the show’s massive reach and popularity to inspire healthier dietary choices.

Protinex’s association with KBC underscores the shared values of perseverance, growth, and championing excellence. With every episode, this partnership seeks to not only entertain but also equip audiences with the knowledge to make healthier lifestyle choices.

16, Jan 2025
Pre-Budget Expectation 2025: Comments by Experts

Simranjeet Singh, Director, CYK Hospitalities

 “The upcoming Union Budget 2025 is quite expected to have reforms for innovation. For start-ups and food and beverage (F&B) sectors, there is also great hope for simplified taxation, namely GST rate cuts on small eateries and essentials-those will ease financial stress. A very strong push has been made towards subsidies on packaging that preserve the environment so that food becomes scarce, aligning it to the perceptions of global sustainability. Increased budgetary support to food processing facilities might as well drive off multiple rural jobs and boost exports. Start-ups are also demanding continued tax exemptions and the removal of angel taxes so as to attract more funding. Investments into Tier 2 and Tier 3 cities will benefit from policy environments that promote digital ecosystems to stimulate innovation, especially in agri-tech, health-tech and green-tech.”

Nidhi Singh, Co-Founder, Samosa Singh

 “Being a F&B brand dedicated to prioritizing quality and innovation, we look forward to the Union Budget 2025 reforms that may vicariously fuel the growth of startups pertaining to the former. Swiftly approved policies that would potentially simplify taxation, and promote sustainable business practices can act as promoters for escalating startups like ours. F&B sector being in the focus, stimuli for local sourcing, reduced taxes on essential supplies, facilitated support for cold-chain infrastructure, can result in significantly impacting operational efficiency and product quality in the constructive manner. We hope that implementation of this budget would make provisions for a far more resilient and thriving startup ecosystem, and be the breath of prerequisite fresh air.”

Vikesh Shah, Founder, 99 Pancakes

 “At 99 Pancakes, we are committed to redefining the QSR dining experience & we are hopeful about the Union Budget 2025 to address key grown enablers for our F&B Industry. This sector has been brawling with inflating operational & input costs. With a reduction in GST on dining services along with a tax alleviation on sustainability packaging could be of crucial assistance. Scalability & Market Expansion could be the necessary impact driven from adopting advanced kitchen technologies leading to operational efficiency. Such robust measures accredit brands like ours to continue striving towards innovation, amplifying customer experience & contributing to our country’s economic momentum.”

Arun Balasubramanian, VP & MD, India & South Asia, UiPath

 “With the union budget right around the corner, we are confident that the Government of India (GOI) will continue its efforts to achieve Viksit Bharat. The IMF has recently updated its forecast for India, now projecting a growth rate of 6.5 percent for FY26, driven by robust domestic demand and an expanding young workforce.
A key area for the GOI to make significant strides is investing in AI and agentic automation to enhance productivity and efficiency, which is crucial for our economic growth. Gartner predicts that AI investments in India will reach around $7.8 billion this year which proves the catalytic nature of the technology. Moreover, providing export incentives for Global Capability Centers (GCCs) will help boost our IT sector. This support will help these centers expand their operations and increase their contributions to India’s export revenues. We also expect the GOI to increase investments in reskilling initiatives focused on AI, automation, IoT, data analytics, robotics and cloud computing. Such initiatives will be essential for India to become the world’s leader in software technology.”

Swapna Bapat, Vice President & Managing Director, India and SAARC, Palo Alto Networks

As we approach the 2025-26 Union Budget, Palo Alto Networks looks forward to continued investments in AI, cybersecurity up-skilling and innovation-led initiatives. It will be a step in the right direction of prioritizing, modernizing and securing legacy and new systems while fostering a skilled workforce capable of addressing emerging challenges in a digitally connected world. These efforts will safeguard essential services while driving the digital transformation of public infrastructure, offering citizens the safety and confidence in an ever-evolving threat landscape.
The Union Budget 2024 demonstrated a strong commitment to advancing employment, skilling, and economic growth for MSMEs and the middle class. With allocations such as ₹500 crore for the India AI Mission and ₹2 lakh crore for initiatives aimed at creating over 4 crore job opportunities, the government has laid a robust foundation for India’s digital and economic transformation.
Since then, we’ve witnessed remarkable advancements in India’s tech landscape, underscored by publishing the draft of the Digital Personal Data Protection (DPDP) Act on January 3. This step reinforces India’s capability to strengthen its digital infrastructure and safeguard its growing digital economy.

Vineet Dhawan, CEO, Digital Convergence Technologies (DCT)

“The technology sector is optimistic about policies that will catalyze innovation, support growth, and strengthen India’s position as a global tech hub. The rapid adoption of cloud migration, cybersecurity, and OTT video management solutions like our own dcafe’ underscores the need for a robust digital infrastructure backed by forward-looking reforms.

We hope for enhanced incentives to accelerate digital transformation for businesses, support for Global Capability Centers (GCCs) to drive employment and innovation, and clear guidelines to strengthen data security frameworks. Simplified taxation structures for IT exports and R&D investments will further encourage companies to innovate and expand.

Additionally, a focus on skilling programs aligned with emerging technologies is critical to ensuring India remains future-ready. A collaborative approach between the government and industry will not only drive economic growth but also empower businesses to deliver secure, scalable, and innovative solutions on a global scale.

At DCT, we are committed to harnessing the potential of these advancements and look forward to a budget that aligns with India’s aspirations for a digitally empowered future.”

Mr. Shachindra Nath, Founder and Managing Director, UGRO Capital

“The upcoming Union Budget presents a significant opportunity to strengthen India’s financial ecosystem and drive inclusive growth. We urge the government to expand the PSL(Priority Sector Lending) definition to include emerging sectors like renewable energy, women-led enterprises, and digital infrastructure, aligning with India’s evolving economic priorities. Establishing a dedicated regulatory framework for NBFC catering to PSL will further enable focused lending to underserved segments. Additionally, measures such as concessional refinancing from institutions like SIDBI and NABARD, along with credit guarantee schemes, can lower borrowing costs and mitigate risks, encouraging greater participation from banks and investors. Allowing bank loans to NBFC-PSLs to qualify as PSL will ensure consistent capital flow, empowering MSMEs and other critical sectors to scale operations and contribute to the nation’s growth. By implementing these measures, the budget can pave the way for a robust financial ecosystem, fostering innovation, entrepreneurship, and equitable development across India.”

Dr Alok Khullar Group CEO of RJ Corp Healthcare

“ India’s healthcare system even though evolved is facing increasing costs, uneven access and increasing demands because of a significant ageing population as well a significant increase in lifestyle diseases. We suggest that the government take steps towards treating healthcare like an industry with benefits like those given to the IT sector through Special Economic Zones. In addition we suggest to reconsider the GST on medicines, room rent & medical devices to reduce cost for patients.

Access to preferential capital at lower interest rates, investments by the Govt in training & upskilling of medical & nursing professionals, encouraging manufacturing of medical devices and consumables through “Make in India” will give a much needed boost to the sector in enhancing levels of care and managing costs. Public Private Partnerships at a larger scale will help deliver better healthcare to tier 3 and tier 4 cities.

Mr Vishal Goel, Managing Director, RX Propellant

 “Budget 2025 offers a critical opportunity to position India as a global leader in life sciences, especially given geopolitical shifts and the need to compete with established players like China. To achieve this, the budget must prioritize strategic investments and targeted support. This includes significantly increasing government funding for research and development through measures like extending tax benefits to CROs and R&D firms through modification of 115BAB, reintroducing weighted R&D deductions under 35(2AB), and implementing a 200% deduction on R&D expenditures, alongside streamlined tax appeal processes. Furthermore, investing in shared, high-quality infrastructure within established research ecosystems, elevating NIPERs to IIT standards, and providing direct funding for promising drug candidates are crucial for fostering innovation. Increasing healthcare spending to align with global averages and rationalizing customs duties on essential therapies and equipment will further enhance access and affordability.
While Promotion of Research and Innovation in the Pharmaceutical and Medical Technology Sector (PRIP) scheme which encourages established pharma companies to engage in collaborative research with the NIPERs and avail their research infrastructure is a good start, mere financial support and institutional collaboration through NIPERS may not be enough. Other incentives such as creating an ecosystem for protecting and monetizing Intellectual Property rights (IPR), partnerships with internationally recognized facilities for clinical trials, are also essential to attract large pharmaceuticals and medical technology companies. These measures, coupled with regulatory streamlining and robust implementation of the National Pharmaceuticals Policy, 2023, are essential for strengthening India’s innovation ecosystem, solidifying its role as the ‘pharmacy of the world,’ and achieving the goal of a $130 billion pharma market by 2030.”

Dr Ajai Chowdhry, Founder HCL, Chairman EPIC Foundation & MGB, National Quantum Mission of India

 “We must prioritize the startup ecosystem in the forthcoming budget. The startup scene in India is currently the third biggest in the world, and the country is also one of the fastest-growing tech hubs. The government has played and continues to play a crucial role in creating an enabling environment for the start up ecosystem to thrive. The removal of the angel tax was a welcome move by the Government and was celebrated by the startup community. However there is more that needs to be addressed. One example is the present tax system, which hinders the use of employee stock option plans (ESOPs), which are crucial for startups to recruit and retain talent. Whatever the situation may be, employees are still obligated to pay taxes when they exercise their options. It would be more equitable to tax ESOPs only when the shares are sold, in line with the employee’s financial means to pay the tax. With the right policies and continued entrepreneurial spirit start-ups can play pivot in creating a Product Nation and ensure Strategic Autonomy.”

Ashok Chandak, President of IESA

IESA Recommendations for India’s Union Budget 2025-26: Electronics and Semiconductor Sector

To support India’s ambition of becoming a global hub for electronics and semiconductor design and manufacturing, the following proposals are suggested:

1. Semiconductors manufacturing: Expansion of the PLI Scheme

Enhanced Allocation: Extend the Production-Linked Incentive (PLI) scheme beyond the current allocation of ₹76,000 crore (~$10 billion) with an additional provision of $20 billion over the next five years.
Rationale:
India’s semiconductor sector is at a pivotal growth stage, driven by government initiatives, strategic collaborations, and a robust domestic market.
Indian companies and IESA (India Electronics and Semiconductor Association) members, have committed to projects worth over $20 billion.
The Semicon India Program and ISM have delivered significant contributions to GDP growth, job creation, foreign investments, industrial self-reliance, and bolstering India’s position in the global semiconductor market.
Proposal: Allocate $20 billion in the upcoming budget to propel the next phase of growth, innovations, and Atmanirbhar Bharat with Global Impact.

 2. Enhancing Electronics Value Addition

Current State:
India’s electronics manufacturing can reach $500 billion by 2030-32 from 150 Bn$ of this year.
Current local value addition stands at less than 18%. Increasing this to 40% will create extensive job opportunities and retain significant economic value domestically.
Proposal:
Introduce additional PLI outlays linked to local value addition – strictly. PLI to be paid for minimum 25% in 2025-26 and 30 % by 2027.
Focus particularly on the mobile phone segment, which represents the largest opportunity. Enforce stricter value addition norms as a prerequisite for availing PLI benefits.
Provide 5 Bn$ of Incentives for electronics components industry for Companies and JV’s having Majority holding/Stake of Indian corporates/ entrepreneurs.

 3. Product Creation and R&D

Long-Term Sustainability: For the electronics and semiconductor industry to thrive sustainably, fostering product creation and intellectual property (IPR) development through dedicated R&D is critical.
Proposal:
Allocate ₹10,000 crore for targeted R&D initiatives in ESDM sector on PPP model, separate from generic funding and not just the funding to academic institutes but to boost Industry collaborated R&D.
Consolidate multiple schemes under a unified Product Creation Initiative to high priority products of India needs with global potential to maximize impact.

4. Export Incentives

Boosting Global Competitiveness: To position India as a leading exporter of electronics and semiconductors, targeted export incentives are necessary.
Proposal:
Introduce 2% Additional Incentives and tax benefits for exports of semiconductor and electronics products that meet value addition norms , particularly in high-demand categories.
Simplify export procedures and provide logistical support for global market access.
Establish dedicated trade agreements to secure markets for Indian electronics and semiconductor products, ensuring steady growth in export revenue.

Sanjay Choudhari, Chairman, SBL Energy

 “The industrial explosives sector is a cornerstone for India’s mining and infrastructure ambitions. As we look to the Union Budget 2025, we hope for significant investments in large-scale infrastructure projects, especially in sectors like railways, highways, and mining, which directly drive demand for industrial explosives.

The rising cost of raw materials, particularly ammonium nitrate, remains a pressing challenge. Rationalizing import duties or introducing tax incentives on key inputs would provide much-needed relief and enhance competitiveness.

In line with India’s sustainability agenda, the government should encourage innovation in eco-friendly explosives technologies through targeted R&D incentives. This will enable the sector to align with environmental goals while maintaining operational efficiency.

Reforms aimed at simplifying regulatory frameworks, particularly around licensing and safety compliance, will foster a more conducive business environment. With the right support, the industrial explosives industry is well-positioned to accelerate the country’s industrial and infrastructure growth, contributing significantly to the vision of a self-reliant India.”

 Mr. Pranay Kumar, Executive Director, Rudrabhishek Enterprises Limited (REPL)

“The Union Budget 2025 must prioritize sustainable and inclusive housing to address India’s growing urban and rural needs. Increased allocations for PMAY and infrastructure projects, particularly in Tier II and III cities, are essential to support affordable and mid-income housing.

The industry wants the home loan interest tax rebate to increase from ₹2 lakhs to ₹5 lakhs, the house value cap for PMAY benefits to rise to ₹50 lakh in urban areas from ₹35 lakhs, and rental income tax exemptions to be enhanced to ₹3 lakhs for properties priced up to ₹50 lakhs. Extending the timeline for capital gains exemption from 3 years to 5 years is also considered critical for driving investments.

Vikram Vuppala Founder and CEO, NephroPlus

The budget should also focus on green-certified buildings and eco-friendly construction by allocating funds for green financing schemes and energy-efficient housing. These measures will strengthen the real estate sector, ensure affordable housing access, and support India’s goal of becoming a developed nation by 2047.”

“As the government prepares for the 2025 Budget, we hope for a significant increase in funding to expand dialysis services under the PMNDP, addressing the urgent need for dialysis care across the country. Only 15% of patients who require dialysis get access currently. With Lakhs of new patients requiring regular dialysis, increasing dialysis care outlay and thereby increasing access to life sustaining care is crucial.

Additionally, to position India as a global leader in healthcare in line with Vishwaguru philosophy, we urge the government to introduce tax incentives for healthcare services exports and provide robust support for R&D in innovative healthcare services. This will not only benefit millions of patients but also boost India’s stature in the global healthcare ecosystem”

Dr. Dhruv Galgotia, CEO, Galgotias University

“Education is that crucial fulcrum which will further our Prime Minister’s vision of Viksit Bharat 2047. Some of the anticipated policies include education for girls and women, equal access and opportunities, and the discussion around technological interventions. Current data indicates women participation in India Inc at 36 percent.

A major anticipation is nourishment for entrepreneurs, and ways to leverage Artifical Intelligence. In the education domain, countries such as Singapore and US have already commenced their AI journeys. Budget discussions could be an avenue to discuss policies on how to improve investments in the sector. Additionally, initiatives such as facilitation of global learning experiences, integration of sports, other co-curricular activities, and overall development of students should also be looked into.”

Mridul Dhanuka, Director, Orchid Pharma 

“As the pharma sector gears up for the upcoming budget, there are key areas where government support can drive growth and global competitiveness.

Firstly, an expansion of the PLI scheme to include investments in APIs reliant on imported starting materials and critical raw materials would significantly enhance India’s self-reliance in this critical sector.

Secondly, incentivizing R&D through success-based fee support can promote research into cost-efficient processes, green manufacturing, and innovative drug development, which are essential for long-term sustainability.

Simplifying compliance through a single-window reporting mechanism would streamline operations for manufacturers, further enhancing ease of doing business.

Investment in pharma parks with centralized utilities like power, water, steam, and ETP services can substantially reduce project costs, as these account for up to 60% of setup investments.

Tax reforms, including lower corporate income tax rates, would make Indian manufacturers more competitive globally and encourage further investments.

Lastly, greater export support, particularly for MSMEs entering regulated markets, can be a game-changer. Reimbursement of USFDA and other regulatory inspection fees, conditional on successful inspections and achieving export thresholds, would encourage more players to establish world-class facilities, boosting exports and strengthening India’s presence in global markets.”

Dr Geetanjali Chopra, Founder and President, Wishes & Blessings NGO

As we approach the new financial year, we hope that the budget priorities stronger regulations that not only restrict corporates from taking advantage of the social sector for self-promotion or tax evasion but also strengthen the foundations of philanthropy. We want a budget that recognises community driven change is paramount, and urge for more tax exemptions on donations, making it easier for individuals or organisations to contribute more freely without facing financial barriers.”

Smita Bharti, Executive Director. Sakshi, a rights based NGO

As the Union Budget 2025-26 approaches, social development organizations are calling for policies that actively include marginalized social groups, particularly women, transgender individuals, and other disadvantaged communities. While the increase in the gender budget to ₹3.27 lakh crore is commendable, the decline in the proportion of allocations exclusively for women—from 37% to 34%—highlights the need for greater focus and investment in targeted initiatives.

It is imperative to prioritise investing in education, skill development and safety, especially for marginalised groups like dalit women, transgender individuals and persons with disabilities. More funding is needed for programmes and the social sector to address gender-based violence, increase healthcare access and for livelihood support, ensuring these initiatives are tailored to meet the diverse needs of excluded communities.

There is a pressing need to extend the schemes in Part A of the gender budget, which currently only benefit women, to include non-binary and transgender people. Effective strategies must also be implemented for accountability, transparency, and equitable distribution of financial resources.

The government has shown openness to tackling structural injustice. A budget that addresses the specific needs of marginalized groups can help create true equality.

16, Jan 2025
Chilean Cherries: The Superfruit You Need This Winter

16 January 2025, New Delhi – Vibrant red, delightfully sweet, and packed with nutrients, Chilean cherries are here to brighten up your winter and festive season. Perfect for adding a touch of elegance to any dish or simply enjoying as a healthy snack, these cherries are more than just delicious—they’re a nutritional powerhouse.

One cup (138g) of cherries provides 87 calories, 3g of dietary fiber (12% of your daily value), 18g of natural sugars, and 16% of your daily vitamin C needs. They also contain small but essential amounts of calcium and iron (2-3%), all while being naturally low in fat, cholesterol-free, and sodium-free. This makes them an excellent choice for anyone seeking a flavorful yet healthy addition to their winter diet.

Mr. Sumit Saran, In-Country Market Representative of Chilean Cherries, said, this season offers Indian consumers the opportunity to experience the unmatched quality of Chilean cherries. Through various promotional activities and campaigns, we aim to showcase their taste and versatility as the perfect snacking option.

Whether tossed into salads, blended into smoothies, baked into festive desserts, or enjoyed fresh, Chilean cherries bring color, flavor, and nutrition to the table. Their rich antioxidant content, including anthocyanins and vitamin C, also helps combat oxidative stress and inflammation—essential benefits during the indulgent holiday season.

Chilean cherries are now in season, bringing you premium quality and freshness straight to your local markets. Don’t miss out on this festive treat that’s both indulgent and healthful.