Category Archives: Business

Asset Deals Boosts Infrastructure in Gurgaon and Plans Expansion into Tier 2 and 3 Cities

26th March 2025 -Asset Deals, a leading real estate consultancy based in Gurugram, is expanding its office infrastructure in Sector 65, Gurgaon, enhancing its workspace to 15,000 sq. ft to accommodate growing operations and business needs. As part of its broader expansion plan, the company is set to establish a new office in Noida and plans to enter Tier 2 and Tier 3 cities across India, further strengthening its presence beyond metro cities.

As part of its growth strategy, Asset Deals is also set to hire 200 professionals, reinforcing its commitment to scaling operations and driving market expansion. With this expansion, the company aims to strengthen its capabilities and provide a more advanced, collaborative work environment.

Mr. Viineet Chellani, Founder and CEO, Asset Deals, says , “ Our office expansion in Sector 65, Gurgaon, is a step towards creating a stronger foundation for future growth. Along with enhancing infrastructure, we are actively hiring professionals to bring in top talent that will drive our success. As we expand into Noida and other emerging markets, we are committed to building a dynamic team that supports our long-term vision.”

India’s First AHA-Accredited Comprehensive Stroke Center Opens at Aster MIMS Kozhikode

Kozhikode, March 26,2025: Aster MIMS, Kozhikode (Calicut) has made history in stroke care by becoming India’s first hospital to receive the prestigious Comprehensive Stroke Center accreditation from the American Heart Association (AHA). This recognition brings out the hospital’s commitment in providing rapid diagnosis and advanced treatment for complex stroke cases, supported by a modern stroke care program, advanced infrastructure’s & equipment, a multidisciplinary team of clinical experts, and adherence to internationally recognized protocols.

The accreditation was achieved after a careful evaluation of the hospital’s stroke care program, which includes its advanced diagnostic capabilities, modern treatment methods, and comprehensive post-stroke care. Aster MIMS stands out with its unique and integrated approach to stroke care, starting from the pre-hospital stage through its Response-Rescue-Resuscitation (R-R-R) system. The hospital is also one of the South Asia’s first Emergency Department Biplane Cathlab, enabling quick medical intervention and precise diagnosis during critical moments of stroke treatment.

Mr. Lukman Ponmadath, Chief Operating Officer of Aster MIMS, stated that , “This accreditation reflects the hospital’s excellence in treating even the most complex stroke cases. It also highlights our advanced diagnostic services, modern treatment methods, and comprehensive post-stroke care, ensuring that patients receive the best possible treatment without delay.” He also added that the hospital’s world-class stroke care services and medical expertise have previously been recognized with multiple awards, including the World Stroke Organization’s Angels Awards (9 Diamond, 2 Platinum, and 3 Gold), the IHWS Patient-Centric Hospital in Stroke Care Award, and the Voice of Healthcare’s Stroke Innovation and Excellence Award.

Dr Venugopalan P.P, Head of the Emergency Department stated that, “Through these advanced stroke care infrastructures, we make sure that critical interventions are initiated without any delay which gradually improves patient health and help them to recover faster.”

The R-R-R system allows emergency teams and hospital staff to communicate in real-time, ensuring that patients receive immediate assessment and life-saving interventions even before they reach the hospital. This system is especially critical in reducing delays for treatments like thrombolysis (clot-dissolving therapy) and thrombectomy (mechanical clot removal), which are essential for effective stroke management.

When a patient arrives at the hospital, they are swiftly taken to the Biplane Cathlab, where advanced brain imaging and precise stroke management begin without delay. This process ensures that the time between the patient’s arrival and the start of treatment known as Door-to-Needle Time (DTNT) and Door-to-Groin Time (DTGT) is kept to an absolute minimum. By cutting down these critical time gaps, not only improves the chances of recovery but also helps patients regain their health faster, giving them a better quality of life after a stroke.

The hospital’s advanced facilities, latest imaging technologies, and a dedicated team of neurologists, neurosurgeons, and critical care specialists plays an important role in achieving this milestone. The press conference announcing the accreditation was attended by key officials, including the COO of Aster MIMS- Mr. Lukman Ponmadath, Head of Neurosurgery -Dr. Jacob Alappat, CMS – Dr. Abraham Mammen, Deputy CMS – Dr. Noufal Basheer, Head of Emergency Medicine – Dr. Venugopalan P.P, Dr. Abdul Rahman, Dr. Rafeeque, and Dr. Paul Alappat.

Karur Vysya Bank Celebrates Growth with 4 New Branch Openings

Chennai: Karur Vysya Bank (KVB) announced the inauguration of its 4 new branches in Tamil Nadu & Andhra Pradesh on 24th March 2025. These branches will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts etc.,

 During the financial year 2024-25, the bank added 42 branches and total number of branches increased to 884.
The new branches that were opened:

 1. 881st Branch – Pethapampatti (Udumalaipettai) – inaugurated by Mr. Rajaguru, Executive Officer, Arulmigu Manthiragiri Velayuthaswamy Temple, Senjerimalai
2. 882nd Branch – Woraiyur (Trichy) – inaugurated by Mr. Kannan, Executive Officer, Arulmigu Boologanatharswamy Temple, Trichy
3. 883rd Branch – Thondamuthur (Coimbatore) – inaugurated by Dr. Raveendran, Director of Research, Tamil Nadu Agricultural University, Coimbatore
4. 884th Branch – Yendada (Visakhapatnam) – inaugurated by Capt. Divakar, Chief General Manager, Dredging Corporation of India Limited, Visakhapatnam

The new branches shall cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional and Consumer lending.

 KVB offers Internet Banking and Mobile Banking facilities. KVB DLite, the Mobile Banking app of the Bank offers convenience of financial and non-financial services through 150+ features. The app has been recently upgraded with several customer friendly features.

MAXHUB V5 Classic C55FA: Your Ultimate Collaboration Solution Just Became More Accessible

New Delhi, 25th March 2025 — MAXHUB, a global leader in interactive and collaborative technology, is thrilled to launch the MAXHUB V5 Classic C55FA, a next-generation 55-inch 4K ultra HD interactive display designed to redefine collaboration in corporate and educational settings. Offering seamless connectivity, an intuitive touch experience, and high-performance audiovisual capabilities, this innovative solution makes teamwork more efficient, engaging, and accessible than ever before.

The MAXHUB V5 Classic C55FA is engineered with 20-point infrared (IR) touch technology, allowing for precise, natural interactions. Featuring an ultra-fast response time of 6.5ms and ±1mm accuracy, users can collaborate effortlessly using fingers or a passive infrared pen—ideal for brainstorming sessions, presentations, and training modules.

Superior Visual and Audio Experience for Impactful Communication
Equipped with a 55-inch 4K ultra HD display, this interactive flat panel delivers unparalleled clarity with a contrast ratio of 4000:1, NTSC 90% color gamut, and DLED backlighting. The 178° wide viewing angle ensures visibility from all perspectives, making it perfect for both large and small meeting spaces.

The powerful 2.1 channel audio system includes dual 10W speakers and a 20W subwoofer, creating an immersive sound experience for video conferences, presentations, and interactive sessions.

Effortless Connectivity and Smart Collaboration Features
Designed to support a wide range of business applications, the MAXHUB V5 Classic C55FA features USB 3.0, USB Type-C, HDMI, and RS232 ports, providing seamless integration with multiple devices. It is fully compatible with Windows, Mac OS X, Chrome, and Linux, ensuring smooth operations across different platforms.

For enhanced video conferencing, this interactive display includes a built-in 12MP camera and six high-performance microphones with an 8-meter voice pickup range, delivering clear, uninterrupted communication in hybrid and remote work environments.

Built for Durability and Energy Efficiency
Crafted for long-lasting performance, the MAXHUB V5 Classic C55FA boasts an operational lifespan of 30,000+ hours. Its standby power consumption of less than 0.5W reinforces MAXHUB’s commitment to sustainable, energy-efficient technology solutions.

“The MAXHUB V5 Classic C55FA is more than just a display—it’s a game-changing collaboration hub designed to elevate teamwork and engagement across industries,” said Pankaj Jha, Managing Director, MAXHUB India. “Whether in a corporate boardroom, a higher education classroom, or a training facility, this solution is tailored to enhance productivity and interaction.”

NeuralGarage Achieves Historic Success at the Globally Renowned SXSW Pitch Competition

Mumbai, March 25, 2025: GenAI startup NeuralGarage, has emerged as the first ever Indian startup to win the SXSW Pitch Competition at the globally renowned SXSW conference & festival. This annual event based in Austin (Texas) is one of the most definite and globally recognised events that celebrates the convergence of tech, film, music, education, and culture. From a global shortlist of thousands of startups, NeuralGarage won in the “Entertainment, Media, Sports & Content” category for their technology “VisualDub” which solves the problem of visual discord in dubbed content by syncing actors’ expressions & lip movements with the dubbed audio, to ensure an authentic and immersive viewing experience.

Running continuously for over 17 years, startups who have won this competition have raised over $23B in investments over the years. The jury comprised members from the venture capital, entertainment & content industry that makes the win even more significant since “VisualDub” is a tech solution built for the last mile of content localisation, a problem that the entertainment industry has been trying to solve for years.

An essential destination for creative professionals from the entertainment & content industry globally, the SXSW festival features film and television screenings, world-class exhibitions, & award ceremonies. Over the years it has become an immensely significant platform where the best of the entertainment & content industry gets showcased. This year some of the biggest names in Hollywood like Robert Downey Jr.,Matt Damon, Matthew McConaughey, Ben Affleck, Nicole Kidman, Nicolas Cage, Blake Lively, Paul Rudd, Jenna Ortega, Aaron Paul, Pedro Pascal, Kevin Bacon & many others came to showcase their latest work. The highlight of the event this year was a special fireside session by Michelle Obama and the screening of Michael Bay’s latest documentary “We are Storror”.

Speaking on the win, Mandar Natekar, NeuralGarage’s Co-Founder and CEO said, “The win is special because to win at SXSW means validation for our technology “VisualDub” that has been built for the global entertainment industry. To be able to pitch our tech on this influential platform in front of a global community of the brightest minds in the entertainment & content business was a thrilling experience and this is a stepping stone for us to bring this technology to the world shortly.”

Founded in 2021 by Mandar Natekar, Anjan Banerjee, Subhabrata Debnath & Subhashish Saha, NeuralGarage is building proprietary AI models specifically targeted to meet the exacting standards of the global entertainment industry and will change the way content is created, distributed and consumed across theatrical releases, streaming platforms and broadcast networks.

Taste Italy at Courtyard by Marriott Pune Chakan with Handcrafted Signature Pizzas by Chef

Pune, 25 March 2025– Courtyard by Marriott Pune Chakan is elevating its culinary offerings with a delectable Italian twist, introducing the chef’s signature handcrafted pizzas. Expertly crafted using the finest, freshest ingredients, these pizzas are a perfect blend of authentic flavors, artisanal techniques, and a touch of culinary magic. Each bite delivers a symphony of mouthwatering toppings, a perfectly baked golden crust, and rich, gooey cheese, making it an irresistible treat for pizza lovers.

 Whether guests choose to dine in and enjoy the warm, inviting ambiance of the hotel or order for a cozy evening at home, these handcrafted pizzas promise a burst of indulgent flavors. Courtyard by Marriott Pune Chakan is proud to be the only place in Chakan and Talegaon offering this one-of-a-kind Italian experience, making it the ultimate destination for those seeking an authentic and memorable dining adventure.

 Beyond just a meal, these pizzas are a celebration of flavors, textures, and aromas that bring people together. The hotel’s chefs have meticulously designed the menu to cater to diverse palates, offering a variety of delicious toppings and combinations to satisfy every craving. From classic Margherita to gourmet specialties, each pizza is a testament to culinary excellence and passion.

 Renowned for its world-class hospitality and commitment to culinary innovation, Courtyard by Marriott Pune Chakan continues to redefine the dining experience with creative and high-quality offerings. With a passion for excellence and a dedication to customer satisfaction, the hotel remains a favorite among food enthusiasts and travelers alike.

LEGO Certified Store to Open in Ambience Mall, Gurugram – India’s First

Gurugram, 25th March 2025 – Ambience Mall, Gurugram, a landmark lifestyle commercial hub, announced that it has leased space to the brand LEGO. Slated to open in May 2025, the state-of-the-art store promises an immersive and interactive experience for LEGO enthusiasts of all ages.

Spanning over 4,500 square feet, it will be the first largest LEGO’s Certified store in India, redefining creative play and family entertainment in the region.

“We are thrilled to tie-up with Ample Group to bring India’s first Lego Certified store at Ambience Mall Gurugram. In a bid to reinforce our commitment to providing a platform for international brands to establish and grow in India. It also underscores our commitment to offering world-class experiences. LEGO’s timeless appeal aligns perfectly with our vision to transform shopping into a creative journey,” says Arjun Gehlot, Director, Ambience Malls.

“Bringing the very first LEGO certified store to Gurugam and the Delhi NCR in India marks a thrilling milestone in the LEGO Group’s history. We are excited to inspire both the young and young at heart, reinforcing our unwavering commitment to the children of India as we continue our mission to inspire and develop the builders of tomorrow,” said Cedric Roose, LEGO Group’s General Manager of India .

The LEGO Certified Store will feature the brand’s largest collection of LEGO sets in India, including exclusive launches available for the first time in the country. Visitors can explore awe-inspiring 3D LEGO models, locally inspired installations, and iconic minifigures.

Fears Mount Over Corporate Governance and Minority Rights as Tata Sons Plans Deregistration

New Delhi, 25th March, 25: Tata Sons’ recent move to deregister as a Core Investment Company from the Reserve Bank of India (RBI) is drawing sharp criticism from governance experts and minority investors alike. Justice M.M. Kumar, founding president of the National Company Law Tribunal, has warned that this decision “is a retrograde step by the House of Tatas” that could undermine decades of progress in investor protection and regulatory oversight.

Justice Kumar explained that India’s corporate regime has evolved significantly over the years, with stringent laws ensuring transparency, accountability, and fairness. “Our regulatory framework has been developed with a focus on safeguarding the rights of investors. The move by Tata Sons to sidestep the RBI’s regulations, including the recently enacted Scale Based Regulatory (SBR) Framework, sets a dangerous precedent,” he said.

The SBR Framework was introduced in the wake of the 2018 IL&FS crisis—a financial debacle comparable to the Lehman Brothers collapse of 2008—that exposed critical vulnerabilities in India’s financial system. Designed as a multi-tiered system, the framework categorizes Non-Banking Financial Companies (NBFCs) by risk level and imposes progressively stricter compliance norms. “The SBR Framework is essential for preventing future financial misadventures and for protecting both investors and depositors,” Kumar emphasized.

A key aspect of the RBI’s mandate is encapsulated in its preamble, which states:

“The Reserve Bank of India having considered it necessary in the public interest and being satisfied that, for the purpose of enabling the Reserve Bank to regulate the financial system to the advantage of the country and to prevent the affairs of any Non-Banking Financial Company from being conducted in a manner detrimental to the interest of investors and depositors or in any manner prejudicial to the interest of such NBFCs.”

This clear articulation of investor protection underlines the RBI’s commitment to maintaining a stable financial system and safeguarding public trust.

Adding to the controversy are concerns over corporate governance and potential conflicts of interest. Justice Kumar pointed to an “unsettling overlap in directorship,” noting that a common director – Venu Srinivasan – serves both Tata Sons and RBI, raising serious questions about the impartiality of any regulatory decision. “Such conflicts not only compromise the decision-making process but also put minority shareholders at a significant disadvantage,” he asserted.

Minority investors, who hold a substantial stake in Tata Sons, have formally opposed the deregistration move. They argue that the decision appears to be driven by the interests of the majority shareholder, the Tata Trusts, which is keen to avoid the listing requirements that might force a mandatory exit for smaller stakeholders. “Deregistering from RBI supervision would strip away the crucial regulatory protections that minority investors depend on,” Kumar stated. “Without these safeguards, the balance of power would shift decisively in favor of the majority, leaving minority shareholders exposed and their rights undermined.”

The evolution of corporate governance in India—from the unregulated era before the Companies Act of 1913, through the implementation of the Companies Acts of 1956 and 2013, to the regulatory oversight provided by SEBI—has progressively fortified investor rights. These developments have not only ensured transparency and accountability but have also helped build trust among the country’s 1.2 crore public shareholders who invest in the Tata Group companies.

As regulators deliberate on Tata Sons’ request, the implications of granting this exemption could extend far beyond one corporate house. The decision holds the potential to reshape the standards of corporate governance and investor protection across the nation. Justice Kumar cautioned, “If the RBI allows Tata Sons to bypass these well-established safeguards, it could set a precedent that weakens our regulatory regime and diminishes the trust of investors, especially those who are already in the minority.”

The debate over Tata Sons’ deregistration is not just a corporate matter—it is a critical test of India’s commitment to upholding the rule of law, protecting minority investors, and maintaining a level playing field in its financial ecosystem.

Muthoot Exim Marks Expansion in Delhi NCR with Launch of 41st Gold Point Centre in Faridabad

Faridabad 25th March 2025: Muthoot Exim (P) Ltd., the precious metal arm of 138-year-old business conglomerate Muthoot Pappachan Group (also known as Muthoot Blue), proudly announces the grand opening of its newest Gold Point Centre in Haryana. The new Muthoot Gold Point Centre is strategically located on the 1st floor, Shop no. 5, 1-2 chowk, Above Utkarsh Finance Bank, Near Zevar Palace, NIT in Faridabad, Haryana 121001.

 This branch opening marks the 41st Gold Point Centre in India and 2nd branch in Haryana, and 6th branch in Delhi NCR, marking another milestone in Muthoot Exim’s commitment to empowering citizens with instant access to liquidity and financial solutions, while maintaining our ethos of trust, transparency, and customer satisfaction.

 With the new Muthoot Exim’s Gold Point Centre, customers in Faridabad will be able to sell their used and old gold, knowing they will receive fair and accurate valuations through a completely transparent process. The customer will have a first-hand view of the valuation, promising a seamless and reliable experience. For gold worth up to Rs 10,000, clients are paid in cash immediately, while larger amounts are handled effectively through IMPS, NEFT, or RTGS.

 Keyur Shah, CEO of Muthoot Exim, expressed his enthusiasm about the new branch, saying, “Haryana is a historically rich and dynamic, hardworking state, and we are excited to be part of its development. Our Gold Point Centre in Faridabad will give residents an efficient, transparent means of realizing the value of their gold. By delivering precise and equitable valuations, we intend to empower customers with instant liquidity, providing an effortless and secure experience.”

 Thomas Muthoot, Executive Director of Muthoot Pappachan Group & Managing Director of Muthoot Exim, added, “The opening of our 41st Gold Point Centre at Faridabad is a milestone in our pursuit of providing affordable and inclusive financial solutions to communities all over the country. It’s not about providing services; it’s about establishing long-term relationships with our customers. With a secure and transparent platform to monetize the value of gold, we are enabling locals to fulfill their financial requirements with confidence and trust.”

 Muthoot Exim Pvt. Ltd. (MEPL) has been at the forefront of innovation in the precious metals market. As the first organized player to launch a gold recycling centre in India, MEPL has continuously set benchmarks in the industry. Since the opening of its first Gold Point Centre in Coimbatore in 2015, the company has expanded to major cities including Mumbai, Bengaluru, Chennai, Delhi, Kolkata, Hubballi, Napur, Barasat, Tirunelveli, Guntur, Warangal, Davangere, Bhubneshwar, Kalaburagi, Thrissur, Lucknow, Punjab, Vellore and now Faridabad, consistently offering high-quality products at affordable prices.