19, Nov 2025
Choice International Expands Infrastructure Advisory Capabilities with acquisition of Ayoleeza Consultants

Mumbai, November 19, 2025: Choice International Limited, one of India’s leading diversified financial services and consulting group, announced that its subsidiary, Choice Consultancy Services Private Limited (CCSPL), has acquired 100% shareholding in Ayoleeza Consultants Private Limited.

Ayoleeza Consultants Private Limited is a two decades old reputed consultancy firm engaged in providing specialized advisory consultancy services in areas such as Railways & Metros, Road & Highways, Bridges, Tunnels and Urban Infrastructure in India and neighbouring countries.

The company currently manages live orders exceeding ₹200 Crores alongwith their Partners. Notably, about 69% of these projects are time-based payment contracts, ensuring consistent monthly revenue. Ayoleeza has recently secured several key assignments in the railway sector, driven by its strong technical capabilities and deep understanding of India’s transport infrastructure landscape. Additionally, the firm has bid for consultancy tenders worth ₹350+ Crores in Railway projects and ₹150+ Crores in Roads & Highways, which are presently under evaluation—indicating strong potential for future order wins.

Backed by a team of over 200+ qualified engineers, planners, and consultants, Ayoleeza Consultants brings strong technical expertise and multidisciplinary project experience under the leadership of Mr. Abhishek Kumar, Founder of Ayoleeza Consultants. The team’s capabilities span across detailed project reports (DPRs), design and supervision, project management consultancy (PMC), and quality assurance for both public and private sector clients. Their experience across national and state-level assignments further complements CCSPL’s growing infrastructure consulting portfolio.

This acquisition is strategically aligned with Choice Group’s vision to expand its Public Sector Consulting vertical and strengthen its capabilities across project advisory, design, supervision, and implementation monitoring services in Infrastructure domain. The integration of Ayoleeza’s strong technical expertise, diversified client base, and proven execution track record will enhance CCSPL’s ability to deliver large-scale infrastructure mandates across India.

Mr. Arun Poddar, Group CEO of Choice International Limited, added:

“We are delighted to welcome Ayoleeza Consultants into the Choice family. This acquisition reflects our continued commitment to scale our Public Sector Consulting business, create long-term value, and contribute to the nation’s growth through participation in key public sector development projects globally.”

With this transaction, CCSPL further consolidates its position as a comprehensive Public Sector consulting and advisory platform, leveraging a strong pipeline of ongoing and upcoming projects across transport segment specially Railways & Metro.

18, Nov 2025
VARU by Atmosphere Elevates Island Dining with Two New Overwater Venues

Maldives, Nov 18: Celebrating the spirit of modern Maldivian hospitality, VARU by Atmosphere has expanded its culinary landscape with the launch of two exceptional overwater dining venues – Teppanyaki Over Water and Cellar at NÜ. A favourite among Indian travellers and couples seeking a blend of romance, relaxation, and refined gastronomy, VARU by Atmosphere continues to evolve its offerings while staying true to its “Naturally Maldivian” essence.

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The new additions further enhance the resort’s reputation for immersive dining experiences, already highlighted by its signature restaurant Kaagé, a winner of the Tripadvisor Travellers’ Choice Award 2025 for the fifth consecutive year.

“At VARU, our cuisine, design, and service are intuitive and thoughtfully curated. With Teppanyaki Over Water and Cellar at NÜ, we have created dining journeys that are both enriching and true to the island’s generous spirit – giving our guests new reasons to return, season after season,” said Maurice Van Den Bosch, General Manager, VARU by Atmosphere. 

At Teppanyaki Over Water, the vibrant spirit of Japanese cuisine unfolds through the artistry of Teppan grilling. Guests are invited to a lively dining journey over the lagoon, where premium seafood, A5 Wagyu, and sushi are prepared with precision and flair. Enhanced by sake cocktails and the open-air, lantern-lit setting, every seating captures the essence of Japanese hospitality with a Maldivian touch.
As the sun sets over the Indian Ocean, Cellar at NÜ invites guests into an elegant overwater wine degustation lounge, perfect for intimate evenings. The experience celebrates the craft of pairing through rare vintages and bold New World selections, complemented by artisanal chocolate, cheese, and charcuterie platters. The highlight – a six-course Royal Wine Pairing Dinner – transforms each evening into a refined celebration of flavour and finesse.

Located in the North Malé Atoll, VARU by Atmosphere continues to earn global recognition, ranking among the top 1% of listings worldwide in Tripadvisor’s Travellers’ Choice Awards Best of the Best 2025. With these new dining additions, the resort invites guests to discover elevated culinary experiences that blend sophistication, creativity, and island soul.

18, Nov 2025
A Decade of Tata Steel Kalinganagar: Forging India’s Self-reliance

Chandigarh, Nov,18: Tata Steel Kalinganagar (TSK) completes a decade of operations, marking a significant milestone in its journey of industrial leadership and community development. Commissioned in 2015, TSK has not only emerged as a formidable force in steel manufacturing but has also set new benchmarks in operational efficiency, technological advancement, safety, and sustainable practices, while deeply integrating with its surrounding communities.

Tata Steel Kalinganagar (1)

From an initial capacity of 3 million tonnes per annum (MTPA), TSK has now expanded to 8 MTPA production capacity with a cumulative investment of over ₹50,000 crore — the largest organic capacity expansion in Tata Steel’s history. A key highlight of this expansion was the commissioning of India’s largest blast furnace. Today, TSK plays a crucial role in India’s Atmanirbhar Bharat story by producing over 100 different types of high-quality steel, significantly reducing the nation’s import dependence.

T. V. Narendran, CEO & Managing Director, Tata Steel, said: “For all of us at Tata Steel, Kalinganagar holds a very special place in our hearts. It represents a new era — one where we combined a century of experience with a vision for the future, creating a living blueprint for Indian manufacturing. Kalinganagar tested our resilience, teamwork, and faith, and each time, our people rose to the occasion. Over the past decade, Kalinganagar has demonstrated how growth, technology, and sustainability can work in harmony to build lasting value. Today, as we celebrate this 10-year milestone, I extend my heartfelt gratitude to everyone who has been part of this journey – community, Odisha government, our employees past and present, customers, suppliers & vendor partners – for their unwavering support and belief in our vision.”

The establishment of TSK holds a unique place in the history of Tata Steel; For many years, the rich mineral resources of Odisha primarily served as raw material sources for the Jamshedpur plant. TSK fundamentally altered this dynamic by bringing large-scale steel production directly into Odisha. Odisha has emerged as the largest investment destination in India for Tata Steel, with a total cumulative investment of over ₹100,000 crore in the last 10 years.

TSK’s leadership in leveraging digital and smart manufacturing earned it global recognition from the World Economic Forum, making it the first manufacturing plant in India (and the second worldwide) to be designated as an Advanced 4th Industrial Revolution Lighthouse.

Sustainable growth is at the heart of TSK’s philosophy; The plant minimises its environmental impact through efficient supply chain management and reduced carbon emissions. Notably, 33% of its area is dedicated to green cover. TSK also operates as a Zero Effluent Discharge (ZED) site and ensures 100% solid waste utilisation, highlighting its commitment to environmental stewardship. In 2024, TSK achieved the prestigious ResponsibleSteelTM certification, which validates its commitment to ethical sourcing and responsible production practices.

TSK is also a frontrunner in fostering a diverse and inclusive workplace; The plant proudly reports that 30% of its workforce comprises women, Persons with Disabilities (PwDs), LGBTIQA+ individuals, and members from Affirmative Action communities.

The positive impact of TSK extends well beyond its industrial operations into the local communities. Through robust collaborations with the Tata Steel Foundation, the plant has touched more than 14 lakh lives in the past 10 years. Community benefits include access to quality education through institutions like the Loyola School and advanced medical care at the 100-bed multispecialty Tata Steel Medica Hospital. TSK also supports local empowerment initiatives, such as the Navjeevan Cooperative Ltd., a self-help group of women artisans from Kalinganagar, which provides sustainable livelihoods to over 100 individuals.

The future holds even greater promise for Tata Steel Kalinganagar as it is poised to become a 16 MTPA complex – continuing to innovate, grow, and uplift the lives of countless individuals.

18, Nov 2025
New Wedding Collection || Indian Silk House Agencies

Mumbai, Nov,18:- Indian Silk House Agencies ushers in the wedding season with two curated collections- ‘Brides of India’ and ‘Weddings of India’. The edit reimagines India’s most iconic weaves for a new generation of brides and families who value meaning just as much as magnificence. As wedding trousseaus become increasingly rooted in craftsmanship, the focus shifts towards silks that are heirloom-worthy yet styled with a contemporary sensibility. For Indian Silk House Agencies, it is a commitment to celebrating India’s weaving legacies while offering designs that effortlessly transition from ceremony to celebration, making every drape a lasting part of her story.

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Brides of India — The Bride’s Story;

A love letter to India’s extraordinary bridal collection, “Brides of India” captures the soul of every region with cultural finesse. Traditional reds and maroons remain iconic, but there’s a growing appetite for jewel tones like emerald, sapphire, and antique gold, alongside ethereal blushes and ivories for pre-wedding ceremonies. Crafted across Banarasi, Kanjivaram, Tissue, Organza, and Raw Silk weaves, the collections balance tradition with contemporary ease, responding to the modern bride’s desire for comfort, emotion, and enduring value. Indian Silk House Agencies places its vision at the heart of design, empowering every bride to find a saree that reflects her story, her rituals, her palette, her identity. Crafted with pure handwoven Zari, Jangla, Parsi embroidery, Zardosi and other weaving techniques, this collection is where lineage meets modernity. Each saree feels intimate and iconic, designed for the bride who seeks meaning woven into every thread.

Weddings of India — The Celebration Around Her;

Weddings of India is designed for the women who complete the bride’s celebration, mothers in understated Tussars, grandmothers in regal Kanjivarams, sisters in organza pastels, and bridesmaids shimmering in georgettes and tissue. Every ritual finds its aesthetic at Indian Silk House Agencies. Haldi in sunlit yellows, Mehendi in layered greens, Sangeet in luminous shimmer, Reception in statement silks. With Banarasis, Georgettes, Gadwals, Ikats, Brocades, Pure Silks, dual-tone drapes and open-border sarees, the brand ensures every woman finds her perfect celebration drape. Anchored in handcrafted excellence, these sarees are statement of timeless artistry that transitions effortlessly from wedding to festive wear.

18, Nov 2025
TVS Motor Company Champions Road Safety with TVS RONIN’s ‘The Art of Protection’ Campaign on Children’s Day

Chandigarh, Nov,18:- TVS Motor Company (TVSM), a global leader in the two and three-wheeler segment, reinforced its commitment to road safety this Children’s Day, with TVS RONIN’s “The Art of Protection,” initiative at KidZania, Noida, between November 14–16, 2025. Designed to inspire future riders, TVS Motor has consistently been at the forefront of placing safety at the heart of its rider engagement and community initiatives.This event offered immersive, hands-on activities that empowered children to understand road safety through a fun, culturally rooted lens.

Since its launch in 2023, the TVS Racing x KidZania India experience centres have empowered over 258K young participants and their parents with early awareness, and values rooted in safe and responsible riding. On Children’s Day, TVS RONIN hosted an engaging, first-of-its-kind workshop at the Kidzania, Noida premises which empowered more than 10,000 children and their parents. A major highlight of the event being the vibrant TVS RONIN Art Gallery, showcasing helmets adorned with Indian folk-art styles from across the country, each transforming a symbol of safety into a canvas of culture and creativity.

Children also stepped into the role of young creators through a dedicated helmet-painting competition, where they designed their own “The Art of Protection” masterpieces using specially crafted kid-friendly helmets. The experience was further elevated through a series of immersive engagements, including a World of TVS RONIN display, a collaborative canvas-wall activity, interactive games like spin the wheel and thematic quizzes for kids and parents, along with a special ‘TVS RONIN Little Artists’ social media contest. Together, these activities brought safety, expression, and excitement to life in a memorable, hands-on format.

Speaking at the event, Vimal Sumbly, Head of Business – Premium, TVS Motor Company, said; “At TVS Motor, we firmly believe that awareness is the foundation of true road safety, and with this initiative, our goal is to inspire a new generation that sees protection, responsibility, and empathy as essential values both on and off the road. Through ‘The Art of Protection’ campaign, we are proud to strengthen our partnership with KidZania while celebrating the little artist within every child – reflecting TVS RONIN’s commitment to nurturing creativity, self-expression, and responsible riding among future generations.”

In 2023, TVS Motor Company partnered with KidZania to launch a first-of-its-kind Road Safety Experience Zone, offering children a safe and engaging environment to learn the fundamentals of responsible motorcycling. This collaboration aims to inculcate the values of road safety from an early age, fostering discipline, responsibility, and awareness among future riders.

18, Nov 2025
Phurr Becomes the Internet’s New Party Favourite as Honey Singh and Kapil Sharma Team Up

For the first time ever, Honey Singh and Kapil Sharma have come together on screen, and their collaboration has created instant magic for the audience. Their latest track Phurr has taken social media by storm, with fans celebrating the duo’s refreshing and high-energy pairing. Viewers are showering love on their effortless camaraderie, infectious vibe and the fun spirit they bring to the screen.

PHURR ALBUM COVER (Clean) (1)

Phurr has already crossed over 25+ million reach across platforms, emerging as one of the most talked-about songs this season. The track is being widely hailed as the party anthem of the year as listeners continue to groove to its upbeat sound and the duo’s crackling presence. The excitement further grew when Mika Singh and Kiku Sharda shared the song on their Instagram stories, adding to the buzz and amplifying its visibility online.

The anticipation around Kis Kisko Pyaar Karoon 2 is only rising with this hit track. The film features Kapil Sharma in the lead along with Manjot Singh, Ayesha Khan, Tridha Choudhury, Hira Warina and Parul Gulati. With Phurr already winning hearts, the film’s momentum is stronger than ever ahead of its theatrical release.

18, Nov 2025
MAHE Corporate Cricket Championship 2025: Bringing Industry and Academia Together on One Field

Bengaluru, Nov,18:- Manipal Academy of Higher Education (MAHE) marked a significant milestone with the grand launch of the MAHE Corporate Cricket Championship 2025, featuring an energetic Trophy Unveil and Jersey Reveal ceremony at the MAHE Bengaluru Campus. The initiative, jointly organized by the Campus and the Office of Corporate Relations, MAHE Manipal, reinforces MAHE’s growing stature as a centre for industry collaboration and highlights its strong corporate connect with leading organizations. Recognized as an Institution of Eminence and ranked 3rd in the NIRF University Rankings 2025, MAHE continues to build platforms that go beyond academics, fostering engagement where companies, leaders, and professionals connect through sport, networking, and shared purpose.

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The championship officially kicks off on November 16 and will run for a month, transforming the campus into a vibrant hub for corporate interaction. Across five match days, 16 thrilling T20 encounters will promote camaraderie between organizations while strengthening industry and academia relationships.

Speaking at the launch, Dr. H. S. Ballal, Pro-Chancellor; MAHE, said:  “Industry engagement is central to MAHE’s mission. This championship deepens our connect with corporate professionals, helps us understand evolving sector needs, and enhances our efforts to prepare students as industry-ready leaders.”

Captains from 12 leading Indian and global organizations including Deloitte, EY, HPE, J. P. Morgan, KPMG, Manipal Hospitals, Microsoft, Microland, Novo Nordisk, Salesforce, Thomson Reuters, and Unisys were present for the jersey and trophy reveal, setting the stage for a month of spirited competition and meaningful professional networking. A symbolic sapling plantation drive further underscored the collective commitment to sustainability and long-term partnerships.

Tournament Schedule Highlights

  • Nov 16: Opening matches – 2 games
  • Nov 22 to 23: League stage intensifies – 6 games
  • Dec 6 to 7: League stage concludes – 4 games
  • Dec 13: Semi-Finals
  • Dec 14: Grand Finale

Designed in a four-pool format with three teams per pool, the tournament ensures fair play and equal opportunity for all, with each corporate team participating in a minimum of two league matches. Eligibility is limited to regular corporate employees, promoting authentic representation and strong team bonding. A robust awards lineup will recognize both individual and team excellence. Trophies and vouchers await the winners and runners-up, along with 14 Man of the Match awards and special honors such as Man of the Series, Best Batsman, Best Bowler, Best Fielder, and Best Wicketkeeper.

The MAHE Corporate Cricket Championship 2025 stands as a unique platform that reflects MAHE’s dedication to strengthening real-world industry engagement. By blending sport, collaboration, and leadership development, MAHE continues to build deeper, enduring partnerships with the corporate world. Industry connect will remain a defining pillar of MAHE’s growth and its vision for the future.

18, Nov 2025
Aanandita Sahoo’s Parents Never Miss an Episode of Satyaa Sachee
There’s a special kind of happiness that comes when a family sees their child shine on screen. For Aanandita Sahoo, the lead actress of Sun Neo’s newly launched show Satyaa Sachee, this joy has been the most heart-touching part of her journey. While she steps into the powerful role of Satyaa every day, her parents eagerly wait in front of the TV, celebrating each moment with pride.
WhatsApp Image 2025-11-17 at 5.17.54 PM
Sharing how excited her family has been since the show went on air;Aanandita says, “Ever since the show went on air, my parents have been overjoyed. They watch every single episode without fail and even finish all their household work before the show starts, just so they don’t miss a moment of my performance. Their excitement was on another level, even before the launch, just 2–3 days prior, my mother personally called all our relatives to remind them to watch Satyaa Sachee. In fact, I feel they were far more excited than I was.”
She further adds; “Seeing their happiness now means the world to me. Every time I return home, my parents sit with me and discuss the entire episode, what they loved, what moved them, and which scenes they found powerful. Watching their involvement and support fills me with immense joy and motivates me to give my best every day. Their pride in my journey as Satyaa is truly my biggest strength.”
The show tells the story of Satyaa and Sachee; two inseparable sisters from a small village. Bold and fearless Satyaa, and gentle, selfless Sachee, share a bond not out of duty, but built on a promise rooted in love. Their connection is natural and unbreakable. No matter what challenges life throws at them, they stand by each other, protecting, supporting, and being a silent strength of each other.
18, Nov 2025
Aanandita Sahoo’s Parents Never Miss an Episode of Satyaa Sachee
There’s a special kind of happiness that comes when a family sees their child shine on screen. For Aanandita Sahoo, the lead actress of Sun Neo’s newly launched show Satyaa Sachee, this joy has been the most heart-touching part of her journey. While she steps into the powerful role of Satyaa every day, her parents eagerly wait in front of the TV, celebrating each moment with pride.
WhatsApp Image 2025-11-17 at 5.17.54 PM
Sharing how excited her family has been since the show went on air, Aanandita says, “Ever since the show went on air, my parents have been overjoyed. They watch every single episode without fail and even finish all their household work before the show starts, just so they don’t miss a moment of my performance. Their excitement was on another level, even before the launch, just 2–3 days prior, my mother personally called all our relatives to remind them to watch Satyaa Sachee. In fact, I feel they were far more excited than I was.”
She further adds, “Seeing their happiness now means the world to me. Every time I return home, my parents sit with me and discuss the entire episode, what they loved, what moved them, and which scenes they found powerful. Watching their involvement and support fills me with immense joy and motivates me to give my best every day. Their pride in my journey as Satyaa is truly my biggest strength.”
The show tells the story of Satyaa and Sachee, two inseparable sisters from a small village. Bold and fearless Satyaa, and gentle, selfless Sachee, share a bond not out of duty, but built on a promise rooted in love. Their connection is natural and unbreakable. No matter what challenges life throws at them, they stand by each other, protecting, supporting, and being a silent strength of each other.
18, Nov 2025
ICICI Lombard, IRM India Release 3rd India Risk Report on Resilience

ICICI Lombard and IRM India Affiliate Release 3rd India Risk Report on Building Resilience amid Technological and Geopolitical Disruption

Chandigarh, Nov 18th: In an era defined by geopolitical uncertainty, rapid digital transformation, and increasingly sophisticated fraud risks, organizations are being challenged to strengthen their resilience like never before. The 3rd edition of the India Risk Report 2025 by ICICI Lombard and the Institute of Risk Management (IRM) – India Affiliate highlights how technological disruption and global realignments are reshaping India’s Risk Landscape. As the nation advances toward its Viksit Bharat 2047 vision, the report underscores the urgent need for enterprises to integrate technology, governance, and ethical leadership into their risk management frameworks for sustainable growth.

IRM Report Launch

This year’s report serves as a crucial reflection of how Indian enterprises are navigating an increasingly complex global risk landscape shaped by two dominant forces — technology and geopolitics. It presents an in-depth analysis of enterprise risk perceptions, preparedness, and resilience based on the IRM India – ICICI Lombard Enterprise Risk Perception Survey 2025 (ERPS-2025). The survey was conducted over a two-month period ending in August 2025, targeting 650 organizations and receiving over 250 responses, of these, CXOs accounted for 55% and senior management for 35%, providing a full view of risk trends, priorities, and emerging resilience practices across Indian enterprises. The report not only captures how organizations perceive and prepare for top short-term and long-term risks but also examines their evolving ability to turn these risks into opportunities through stronger culture and process maturity in an increasingly complex and volatile business environment.     

The survey evaluates organizations across 12 key factors that define risk management maturity and culture, encompassing both operational and strategic dimensions of resilience. These factors include areas such as risk identification practices, implementation of controls and insurance, initiatives to assess and strengthen risk culture, and the sharing of lessons from risk events and near misses. Mapping organizations against these factors highlights that while some enterprises demonstrate strong process maturity, cultural development remains a critical gap. 

The report also integrates insights from global and domestic risk developments, complemented by expert recommendations from over 10 industry leaders and specialists from the ICICI Lombard Underwriting team. Presented through the Top 3 Trends, Top 3 Introspective Questions, and Top 3 Strategies — these first hand perspectives offer enterprises actionable guidance to strengthen governance, enhance scenario planning, and achieve stronger strategic alignment in an evolving risk environment.     

Key Findings from the 3rd India Risk Report 2025

Risk Perceptions      

Indian enterprises perceive Cyber and Technology as the two dominant forces reshaping the risk landscape. In the short-term, Cyber Risk remains the top concern for the third consecutive year, followed by Legal and Regulatory risks, Talent, and Macroeconomic risks. Emerging concerns such as trade wars and global realignment are entering the radar for 2025, indicating that organizations are increasingly aware of the systemic nature of these risks. 

Self-Assessments of Risk Management Processes

The survey highlights a mixed picture of process maturity. Organizations show strong capabilities in identifying and controlling operational risks, with mature enterprises providing training and timely support for risk identification. Preparedness for technology, cyber, and talent risks is highest, with 71%, 65%, and 64% of respondents reporting strategies in place. However, gaps remain in translating these processes into consistent, organization-wide risk mitigation actions. Over 20% of respondents report no controls or insurance for certain risk categories, indicating room for improvement in risk management execution.

Culture and Risk Management Process Maturity

Cultural maturity continues to lag behind process capability. While the proportion of organizations at the “Forming” risk culture level has increased in 2025, only 12.3% of organizations exhibit high culture combined with high process maturity. Initiatives to formally assess and strengthen risk culture remain limited, and the sharing of lessons from near-misses or risk events is not yet widespread. This underscores the need for leadership-driven efforts to embed risk accountability, knowledge-sharing, and ethical decision-making across all levels.

Preparedness to Address Current Risks

Enterprises are relatively well-prepared against traditional risks such as fire and explosions (95%) and cyber risks (93%), yet gaps exist for newer or emerging exposures. Nearly 36% of respondents do not evaluate the cost of insuring their risks, and a significant portion lack mitigation measures for trade, talent, climate, and macroeconomic risks. These findings indicate that while strategy and capability are improving, organizations must better integrate forward-looking risk management and insurance solutions to address both current and emerging threats.

Sectoral and Enterprise-Scale Insights     

Risk exposure varies significantly by sector and enterprise size. BFSI, Services, and Logistics prioritize cyber risks, while Manufacturing, Construction, and Pharma highlight business and supply chain interruptions. Energy and Oil organizations cite civil strife and geopolitical issues as their top concern. Large enterprises emphasize trade wars and global realignment, whereas smaller firms focus on technology risks. Start-ups, in particular, view civil strife and geopolitical challenges among top risks. Consolidating these insights reveals how sectoral dynamics and organizational scale shape both short- and long-term risk priorities.

Risks as Opportunities

The survey finds that organizations increasingly view risks as potential sources of strategic advantage. Between 75% and 85% of respondents believe technology adoption offers competitive or cost advantage, while 60%–80% see trade and macroeconomic conditions as pathways to market expansion. Availability of skilled talent and operational resilience against business or supply chain interruptions are also being leveraged as differentiators. Enterprises that approach emerging risks proactively can transform them into drivers of innovation, efficiency, and sustainable growth.

Sandeep Goradia – Chief Corporate Solutions, International & Bancassurance, ICICI Lombard, said,

“The evolving risk culture in India is a reflection of our growing economic maturity and resilience. Across industries, risk perception is transforming rapidly—organizations now see challenges such as cybersecurity threats, economic uncertainties, and global trade realignments not merely as risks, but as catalysts for strategic growth. Insurance plays a pivotal role in this transformation, empowering individuals, businesses, and institutions to navigate uncertainty with confidence. Through ICICI Lombard’s continued partnership with IRM India, we are proud to present the third edition of the India Risk Report—a comprehensive study offering valuable insights into how enterprises are strengthening their processes, culture, and preparedness. This initiative reinforces our shared commitment to helping industries and consumers better understand, anticipate, and act on the evolving risk landscape.”

Speaking about the significance of this report Hersh Shah – Chief Executive Officer, IRM India Affiliate said,

 “In this third edition of our report, Risk Reimagined: Resilience in the Age of AI and Shifting Geopolitics, developed in collaboration with ICICI Lombard, we explore how organisations can architect next-generation risk cultures — those powered by data, shaped by ethics, and driven by human insight. Our analysis this year delves deeper into the interplay between culture, technology, and leadership; spotlighting how Indian enterprises can institutionalise resilience not merely as a defensive posture, but as a catalyst for sustainable value creation. The organisations that thrive in the coming decade will be those that view risk as intelligence, resilience as innovation, and foresight as their most valuable currency.”

Key Takeaways:

The 3rd India Risk Report 2025 highlights that technological disruption and global realignments are reshaping India’s risk landscape, creating both vulnerabilities and opportunities. 

Building Resilience through Process and Culture Maturity 

While some organizations show strong process maturity, cultural development lags behind, pointing to the need for consistent, organization-wide implementation of risk identification, control measures, and insurance strategies. Strong processes are critical, but continuous evaluation and uniform application across all functions ensure that risk policies are effectively translated into actionable, enterprise-wide mitigation. 

Leadership and Risk Culture

A small fraction of organizations exhibit both strong culture and process maturity, with most still at early stages of risk culture. This underscores that leadership-driven initiatives promoting accountability, ethical decision-making, knowledge-sharing, and cross-functional collaboration are essential to build resilience, foster innovation, and prepare organizations to respond effectively to disruptions.

Risk Preparedness and Agility

Preparedness to face risks as per the report finds that a majority of organizations report preparedness for technology, cyber, and talent risks, gaps persist in translating strategy into actionable measures. Strengthening risk management by integrating strategy, capability, and forward-looking practices enables enterprises to address emerging exposures, enhance resilience, and respond agilely to unexpected disruptions.

Turning Risks into Strategic Advantage

The report underscores that organizations are viewing technology, evolving trade conditions, and other risks as strategic opportunities rather than mere threats. By leveraging technology adoption, market realignments, talent management, and operational resilience, enterprises can drive innovation, enhance efficiency, create long-term value, and maintain a competitive edge. 

Report & Methodology

     The 3rd India Risk Report is based on a mixed-methods approach, combining:

  • A nationwide survey of 227 respondents across functions (risk, finance, operations, etc.), for over 2 months
  • Expert speaks  column of 10+ risk and business leaders
  • In-depth interviews of Top Underwriters on the trends and key recommendations
  • Secondary research and benchmarking against global best practices.

The objective is to help organizations assess their risk culture maturity, identify gaps, and adopt concrete actions to foster resilience.