Category Archives: Business

Canara Robeco Asset Management Co Ltd.’s ‘Nivesh Bus Yatra’ Set to Roll Out in 5 West Bengal Cities

Mumbai, 17 June 2025: Canara Robeco Asset Management Company Ltd (“Canara Robeco AMC”), India’s second oldest asset management company (Investment Manager to Canara Robeco Mutual Fund), has launched a bus yatra from 16th June, to create awareness about mutual funds in West Bengal which will strengthen its investor education drive in the state. 

The bus began its journey from the state capital Kolkata. It will pass through Howrah, Durgapur, Asansol, and end its 19-day journey at Siliguri. 

“In the world of investing, few things are as valuable as knowledge. An informed investor not only makes better decisions for themselves but also contributes to a more well-informed and dynamic financial ecosystem. At our fund house, we believe it is our responsibility to empower individuals by educating them about the benefits and potential of mutual fund investments,” said, Rajnish Narula, Managing Director and Chief Executive Officer, Canara Robeco AMC. “As part of our continued commitment, we are bringing our Nivesh Yatra to West Bengal—an initiative aimed at deepening financial understanding and nurturing a long-term investment mindset across communities.”

The bus will travel to key societies, markets, and junctions in each city it visits. It will serve as a digital experience zone, educating the general public about mutual funds through videos and in-person sessions onboard.

“At Canara Robeco AMC, empowering investors with the right knowledge is at the heart of what we do. The Bus Yatra is a grassroots initiative aimed at taking our message directly to communities—meeting investors where they are,” said Gaurav Goyal, Head – Sales & Marketing, Canara Robeco AMC. “Our goal is to simplify mutual fund investing, offer practical guidance, and clear up the many myths that often surround it.”

Clarks Exotica Wins National Award for Service Excellence at EEA 2025

Bengaluru, June 17th – Clarks Exotica Convention Resort & Spa has been awarded 1st Runner-Up in the ‘Excellence in Services & Operations’ category at the prestigious Exhibition Excellence Awards (EEA) 2025, held at the CICDO Exhibition Center, Mumbai. The recognition cements Clarks Exotica’s standing as one of India’s foremost hospitality and MICE (Meetings, Incentives, Conferences, and Exhibitions) destinations—driven by operational precision, personalization, and seamless team synergy.

Clarks Exotica’s service excellence stems from its highly tailored approach to hospitality, designed around four key guest segments: MICE clientele, destination weddings, FITs (Free Independent Travellers), and airline crew.

Each group enjoys a curated and memorable experience:

• MICE guests are welcomed with company-branded amenities, bespoke drinks, themed room décor, and decadent desserts.
• Wedding guests are greeted with in-room surprises like festive sweets, handwritten notes, and thoughtful gestures for family comfort.
• FITs enjoy wellness hampers, dietary-personalized dining, and joyful touches like birthday and anniversary surprises.
• Airline crew benefit from frictionless check-ins, restful accommodations, and efficiency tailored to tight turnaround schedules.

In 2024–25, Clarks Exotica implemented strategic upgrades across its infrastructure and operations. These improvements led to tangible guest satisfaction and industry recognition:

• Booking.com rating increased from 7.4 to 8.4
• Tripadvisor ranking climbed to #22 out of 1,136 hotels in Bengaluru
• Agoda’s 2024 Customer Review Award was secured with a score of 8.1

This milestone is a reflection of the collective drive of a cross-functional team led by Mr. Varun Sharma, General Manager – Operations, whose vision, leadership, and guest-first approach were instrumental in aligning all departments toward consistent service excellence.

• Rakesh Kumar & Team (Director – Rooms Division): Simplified and personalized guest journeys
• Chef Suresh & Team (Executive Chef): Elevated culinary diversity with creativity and care
• Satyabrata Samal & Team (Assoc. Director – Housekeeping): Introduced eco-friendly practices and swift turnaround SOPs
• Senthil Kumar & Team (Assoc. Director – F&B): Enhanced banquet service and guest engagement with training and surprise elements
• Kuldeep Singh & Team (Chief Security Officer): Reinforced guest confidence with seamless safety operations
• Raghavendra Srinivasa & Team (IT Manager): empowered operations with reliable digital infrastructure, event tech support, and secure guest connectivity solutions, ensuring smooth backend systems that amplified the front-end experience.
• Chetan & Team (Chief Engineer): Maintained operational uptime with sustainable engineering excellence

Balaji M, CEO of Clarks Exotica, shared, “This award is a true reflection of what happens when passion meets process. It’s not about doing one thing differently—it’s about doing everything thoughtfully. From room presentation and food production to personalised service, every touchpoint reflects our commitment to care delivered with consistency. We are proud, not just of the recognition, but of the trust our guests place in us every single day. This honour belongs to the incredible team that makes Clarks Exotica what it is—resilient, warm, and guest-obsessed.”

Located just 15 minutes from Kempegowda International Airport and nestled across 70 acres of lush greenery, Clarks Exotica Convention Resort & Spa is a premier destination for exhibitions, conferences, leisure travel, weddings, and airline layovers. With over 15 versatile venues, modern infrastructure, and thoughtfully curated experiences, Clarks Exotica is redefining luxury hospitality with warmth, scale, and precision.

BENZ Packaging Opens Manesar Facility to Boost Heavy-Duty Portfolio

Gurgaon, June 17, 2025 : BENZ Packaging, a leader in industrial and sustainable packaging solutions, has announced the launch of its third manufacturing facility in Manesar, Haryana, further scaling its production capabilities to serve the growing demand in heavy machinery packaging and long-term preservation solutions.

Spread across 11,000 square feet (2,200 square yards), the state-of-the-art unit is equipped to manufacture a wide range of heavy-duty packaging products including nail-less boxes, pinewood boxes, industrial skids, and wooden pallets. The facility complements BENZ’s existing infrastructure, enhancing its ability to deliver fully integrated, durable, and export-compliant packaging systems.

“This expansion marks a strategic step in our growth journey,” said Manan Chopra, Director at BENZ Packaging. “Manesar’s proximity to key industrial hubs and logistics corridors will allow us to serve our clients with greater speed, flexibility, and technical precision—especially in sectors like engineering, renewable energy, and heavy machinery exports.”

With a focus on long-term preservation and corrosion prevention, the Manesar facility will also support BENZ Packaging’s robust portfolio of moisture-control solutions, including VCI-based packaging, desiccant integration, and export-grade wood treatment. These solutions are critical for clients shipping large equipment across diverse geographies and climate zones.

As the packaging industry evolves, BENZ Packaging continues to invest in innovation, automation, and sustainability across its facilities in Gurgaon, Jhajjar, and now Manesar being among the new ones. The expansion aligns with the company’s long-term vision to offer end-to-end, eco-conscious packaging solutions across industries while building capacity to serve both domestic and international markets.

Indian intelligent decision-enabling AI tool enamours London Tech Week

DeepSpot, an Indian enterprise AI shows at London why AI need not be restricted by cost or technical capabilities

June 17, 2025: Amid bold ideas, breakthrough technologies, and riveting conversations on AI, the London Tech Week Summit saw DeepSpot, an Indian AI firm take centerstage. DeepSpot’s unique offering of empowering business users with the ability to find truly action-oriented business insights from multiple sources within the organisation resonated well with enterprises at the summit.

While Generative Artificial intelligence as a broader market is a $4.4 trillion potential according to a McKinsey, the global BI and analytics sector is estimated to be a $60 billion market by 2027. At an enterprise level, there have been many analytical tools, but making sound decisions relies on the ability to retrieve data from multiple silos – one that has left organisations scouting for the needle-in-the-hay.

DeepSpot remains unique in its ability to empower businesses with a range of tools and dashboards in their journey towards qualitative decision-making. Its ability to integrate across various internal data-warehouses and fast-implementation schedule of under one day with native predictive AI capabilities makes it a strong contender for organisations desirous of growing in an AI world.

The AI tool converges from multiple enterprise-wide data-warehouses and interfaces to provide a single 100% view of the customer. “Business leaders no longer have the luxury of time when it comes to decision-making. Deepspot not only understands the business needs, but also provides the much-necessary intelligent interface – one that not only reports data but understands it, learns from it, and guides action,” Kannan Rajendran, Founder & CEO at DeepSpot during the launch keynote. “We’re not just building AI for data—we’re building AI for decisions,” he added.

At the heart of Deepspot’s simple solution to the complex Business Intelligence software space is a simple proposition – ask questions in plain simple language, and the AI delivers it at speed. DeepSpot’s features such as real-time insights, faster onboarding, industry specific plug-and-play templates, faster payback, and cloud-native usage-optimized infrastructure offers additional value to clients keen on riding the AI growth-wave.

Elaborating on the ease and features of the DeepSpot AI tool, Anil Nair, Co-founder, Chief Business Officer, and Head of Strategy said, “It is often believed that AI solutions need excessive knowledge or availability of infrastructure. Our deep-tech experiences indicate that AI can do all of that and also be user-friendly, relevant, secure, and an agile journey towards scaling the organisation’s AI models.”

Built on the premise of providing simplicity for enterprises, Deepspot has been built ground-up from India and tailored keeping in mind the needs of a growing enterprise. Designed for agility and scale, Deepspot leverages cutting-edge machine learning and natural language processing to turn complex datasets into clear, actionable insights—instantly.

From real-time market trend analysis to predictive financial modeling, the AI-tool empowers C-suite executives, analysts, and decision-makers to navigate today’s volatile business landscape with unprecedented precision.

Backed by Goa, Spintly Receives Certificate of Appreciation under Startup India Mission

17th June 2025: Spintly, a startup based in Goa founded by two engineers focused on simplifying access control, has evolved into a global solution for smart buildings and secure spaces. Its wireless, cloud-based system now positions it as one of India’s fastest-scaling IoT ventures.

Last week, Spintly was recognized at the Sankalp Se Siddhi celebration—marking 11 years of the Modi Government and one year of Modi 3.0—with a Certificate of Appreciation under the Startup India Mission for its contribution to innovation and entrepreneurship. The certificate was awarded by Hon’ble Chief Minister Dr. Pramod Sawant, in the presence of Hon’ble Minister for Information Technology, Electronics & Communications, Shri Rohan A. Khaunte, whose leadership has strengthened Goa’s vision of becoming an innovation hub. It marks a moment of pride not just for the founders but for the growing startup ecosystem in Goa.

Co-founders Malcolm Dsouza (CTO) and Rohin Parkar (CEO), didn’t just build a product—they built belief. It was one of the first recipients of the Seed Capital Scheme under Startup Policy, a state-backed initiative administered by the Startup and IT Promotion Cell under the Department of Information Technology, Electronics and Communications. That initial investment helped them build, test, and grow, long before venture capital arrived.

“This recognition reflects the passion and perseverance of our team. Building world-class tech from Goa has always been our vision, and the state gave us both the foundation and the launchpad to grow,” said Malcolm Dsouza, Co-founder and CTO of Spintly.

Today, Spintly operates from Goa and the U.S., has raised ₹50 crore from investors across India and abroad, and is valued at ₹300 crore. But the real story is bigger: Goa is becoming more than just a place to unwind, it’s becoming a place to build.

With rising infrastructure, access to funding, and a startup community that’s gaining momentum, Goa is emerging as a preferred startup destination in India. And as Spintly shows, the next big innovation can come from right here.

Canara HSBC Life Ropes In Jasprit Bumrah and Sanjana Ganesan as Brand Ambassadors

Canara HSBC Life Insurance signs Indian cricket icon Jasprit Bumrah and celebrated sports presenter Sanjana Ganesan as brand ambassadors

Bangalore , India | June 16, 2025 — In a country where music is not just entertainment but a way of life, Mastercard is turning up the volume. As India’s live music and performing arts scene experiences a dynamic resurgence, it is evolving beyond traditional genres to embrace a rich tapestry of artistic expression. The blend of Bollywood ballads, classical ragas, improv comedy, and diverse stage formats reflects a cultural renaissance that unites people across generations, languages, and geographies.

Tapping into that passion to create truly priceless moments and experiences for its millions of cardholders, Mastercard has entered a landmark collaboration with EVA Live, one of India’s premier live entertainment companies, to bring over 20 unforgettable performances to cities across India from October to December 2025.

The excitement kicks off on October 30 in Mumbai with global pop icon Enrique Iglesias, marking his return to India after 13 years. Fans can then enjoy soul-stirring performances from A.R. Rahman and high-energy sets from DJ Tiësto among other global stars. Each performance promises a vibrant celebration of rhythm, culture, and connection. For Mastercard cardholders, these are more than just performances—they are gateways to exclusive, once-in-a-lifetime experiences.

This marks Mastercard’s first-ever performing arts sponsorship asset in South Asia, and with exclusive rights in the payments category, the collaboration ensures cardholders enjoy unmatched access, visibility, and privileges throughout the series. It is available to Mastercard cardholders from India, Sri Lanka and Bangladesh and those willing to travel from other parts of the world.

Gautam Aggarwal, Division President, South Asia at Mastercard, said: “India’s love for entertainment—especially music—is unparalleled, deeply emotional, spiritual, and cultural. Mastercard’s partnership with EVA Live is designed to create unforgettable moments that connect with people’s hearts and leave lasting memories. At the same time, it strengthens brand engagement and fuels the passion economy.”

A Symphony of Benefits for Mastercard Cardholders:

• Early access to tickets during presale
• A 10% discount post-presale
• Access to Mastercard’s signature Priceless Experiences, including artist meet-and-greets and exclusive Mastercard lounges
• Tickets can be purchased using all Mastercard cards – credit, debit, or pre-paid

Julie Nestor, Executive Vice President, Marketing & Communications, Asia Pacific, Mastercard, added, “Mastercard has built a powerful global legacy of connecting people to priceless possibilities—through our long-standing collaboration across a range of passion categories globally, including music and entertainment. This collaboration with EVA Live extends this legacy to India in a way that’s immersive, inclusive, and deeply rewarding for our cardholders.”

Deepak Chaudhary, Founder & Managing Director, EVA Live, said, “This seminal collaboration with Mastercard heralds a transformative era for live music in India. By synergistically combining our proven expertise in executing large-scale, impactful events with Mastercard’s expansive global footprint and unwavering commitment to delivering priceless experiences, we are poised to significantly elevate the national live music scene and cultivate deeper connections between fans and the artists they deeply admire.”

With more legendary artists to be announced, Mastercard is orchestrating a cultural movement—one that brings Indian fans closer to the entertainment they cherish.

Mastercard is a long-time supporter of the music industry. Building on its sponsorships of the GRAMMY Awards®, Latin GRAMMY Awards® and BRIT Awards, Mastercard has created countless innovative, inclusive Priceless Experiences connecting fans and artists. The brand even launched an album titled Priceless® through a collaboration centered on mentoring rising artists.

Tanishq Unveils ‘Radiance in Rhythm’ Diamond Collection Celebrating Bold Design & Craftsmanship

Chandigarh 16, June, 2025: Tanishq, India’s largest jewellery retail brand from the House of Tata, presents its latest natural diamond collection Radiance in Rhythm. Crafted with expertise, soul, and storytelling, this collection draws inspiration from the modern muse: the woman who is distinct, discerning, and effortlessly ahead of the curve. Radiance in Rhythm is more than jewellery; it is an expression of her—shaped by artistry and told in sparkle.

Designed for the woman who leads with conviction and creative force, Radiance in Rhythm is an ode to bold self-expression. She doesn’t just walk in—she arrives, turning every moment into an entrance. With an innate sparkle, impeccable taste, and a flair for the extraordinary, she captivates effortlessly. Her individuality shapes this collection. Tanishq diamonds honour her spirit through intricate design and masterful craftsmanship—jewellery that speaks her language: powerful, personal, unforgettable.

Building on this spirit of self-expression, the Radiance in Rhythm collection distinguishes itself through exceptional diamonds and design excellence. Each piece is a masterclass in craftsmanship, from the superior quality of natural diamonds to the thoughtful design language and unique setting styles. The collection features a rich array of precious and semi-precious gemstones, including emeralds, citrine, aquamarine, tsavorite, malachite, tanzanite, and amethyst, arranged in design distinguished and innovative patterns. Prominent settings such as pavé, prong, channel, snow-pave, bar, and plate prong settings enhance the brilliance of every stone. Beautiful modulations, including the use of fancy-cut diamonds in select designs, add a distinctive sparkle. Artisanal techniques like bunching, beading, and custom-cut stones elevate the collection further. In a bold step forward in design innovation, Tanishq introduces its first-ever signature gemstone engravings — The Tanishq Cut and The Origin Cut — as a part of the Radiance in Rhythm Collection. These iconic cuts mark a thoughtful evolution in Tanishq’s design journey and refined approach to gemstone artistry.

With every curve of gold and sparkle of natural diamond, Radiance in Rhythm celebrates the woman’s inherent sparkle by offering her the finest diamond designs she truly deserves. Going beyond statement necklaces, the Radiance in Rhythm collection presents a thoughtfully curated ensemble of contemporary pieces — from chandelier earrings and finger rings to pendant sets and bangles — providing versatility for every occasion and style. At the heart of the collection lie Tanishq’s natural diamonds, among the rarest in the world. Only 5% of natural diamonds meet the exceptional standards required for this selection. Each diamond is handpicked for its brilliance, purity, and perfection, meticulously chosen to ensure flawless symmetry and precise cuts. These diamonds deliver unmatched sparkle, making every piece a true celebration of excellence and craftsmanship.

Speaking on the launch, Revathi Kant, Chief Design Officer said, “With Radiance in Rhythm, we wanted to redefine the boundaries of diamond design—creating a deeply personal collection, unapologetically modern, and exquisitely crafted. Each piece is a reflection of a woman’s inherent sparkle, strength, and individuality. Rare natural diamonds are hand-selected, and every setting is designed with precision, merging bold form with expressive detail. From striking silhouettes to unexpected gemstone pairings, every element is intentional. This is not just jewellery—it is a celebration of self, shaped by craftsmanship and created to honour confidence in its most radiant form.”

Carrum Mobility Expands partnership with Uber

Mumbai, 16 June 2025: Carrum Mobility, the fleet-management services company and part of the CarDekho Group, strengthens its partnership with Uber to manage the fleet for its premium offering ‘Uber Black’ category.

As part of the initial rollout, Carrum has deployed over 250 SUVs across Delhi NCR and Mumbai. This collaboration reflects Carrum’s aim to focus on service excellence, advanced fleet management systems, and professional driver training protocols, aligning with its vision of sustainable, technology-driven urban mobility.

Speaking on the announcement, Mr. Karan Jain, Founder of Carrum, said, “We are pleased to take our partnership with Uber to another stage, as we strengthen our value offering of fleet management services to Uber for its category ‘Uber Black’. The expansion reinforces trust and confidence in our partners.

Commenting on the partnership, Aditya Kapoor, Head, Supply and Electrification, Uber India and South Asia, said, “At Uber, we are dedicated to providing premium riders an exceptional experience through our Uber Black category. Our partnership with Carrum Mobility strengthens our ability to deliver consistent, high quality service with premium comfort.”

Carrum aims to ensure a good standard of service by putting in place daily inspections of both vehicles and driver partners. The company has dedicated teams and tech-enabled systems to monitor and manage performance across its fleet.

To ensure quality service and professionalism, Carrum has implemented training and grooming programs for drivers under this segment. These include clearly defined operating procedures, uniforms, and training sessions. Additionally, there is a certain reward and recognition programs for drivers who adhere to quality and service protocols.

DCVMI Inaugurates New Manufacturing Plant in Cikarang

Chennai – Daimler Truck today marked a significant milestone in its regional expansion with the opening of Daimler Commercial Vehicles Manufacturing Indonesia (DCVMI)—a cutting-edge greenfield manufacturing facility located in the Cikarang Industrial Area, Indonesia. This strategic investment underscores Daimler Truck’s long-term commitment to Southeast Asia, tailored to meet the region’s dynamic and evolving mobility needs.

The new DCVMI plant spans 15 hectares and has an annual production capacity of 5,000 Mercedes-Benz trucks and buses. With a total investment of IDR 500 billion, this facility embodies Daimler Truck’s commitment towards strengthening the commercial vehicle industry in Indonesia and serves as a cornerstone of the company’s regional growth strategy—acting as a hub for vehicle assembly and distribution across key Southeast Asian markets. What sets this initiative apart is its collaborative foundation, rooted in the precision of German engineering, the strength of Indian manufacturing, and the insight of Indonesian market experience.

India plays a pivotal role in this regional synergy. The new Indonesian facility will be seamlessly supported by Daimler India Commercial Vehicles (DICV), based in Chennai, which will supply high-quality Completely Knocked Down (CKD) kits. DICV’s proven excellence in cost-efficient, world-class manufacturing ensures operational efficiency and supply chain resilience, while optimizing localisation and scalability.

Satyakam Arya, Managing Director and CEO, Daimler India Commercial Vehicles, emphasized the plant’s significance as part of Daimler Truck’s long-term strategy in Southeast Asia. “India remains a cornerstone of our global export strategy. Leveraging Indonesia for the ASEAN region is about expanding our reach, not shifting our focus. As DICV becomes further integrated into Daimler Trucks’ global manufacturing network, we will play a key role in building capabilities in Indonesia—transferring knowledge, developing talent, and strengthening the regional ecosystem.”

The opening of DCVMI’s new factory is a concrete realisation of the “Bigger and Better” vision. More than just expanding the scale of its facilities, this step also brings improvements in agility, improved workflow, and the resilience of solutions for customers in Indonesia. This initiative affirms the company’s commitment to providing commercial vehicles that truly meet local market needs, from production efficiency and service reliability to the ongoing adoption of innovation. The collaboration between Daimler’s global technology and the strength of the local Indonesian team serves as a solid foundation, ensuring that every product supports the business growth of customers throughout Indonesia.

“The integration of India’s advanced manufacturing capabilities into our Southeast Asian operations highlights our unified global approach,” Satyakam said. “By combining German engineering excellence with India’s production strength and deep Indonesian market understanding, we are creating a robust platform for long-term success in the region,” he added.

The plant will continue producing flagship models such as the Mercedes-Benz Axor Trucks: 2528 CH, 4928 T, 4028 T, 4023 T, 2528 RMC, 2528 CX, and 2528 C, as well as Mercedes-Benz bus chassis: OH 1626 L and OH 1626 S, specifically designed for the Indonesian market.

Sankaranarayanan Ramamurthi, President Director of DCVMI, stated that the inauguration of the plant marks a new growth phase for DCVMI in Indonesia. “This plant is not merely an addition to our infrastructure—it is a manifestation of our vision to make a tangible contribution to Indonesia’s economy, empower local communities, and build a stronger industrial ecosystem. Each unit produced here reflects not only engineering excellence but also the spirit of collaboration and our confidence in Indonesia’s future. We are committed to continually creating job opportunities, innovating, and contributing to growth in and for Indonesia,” he explained.

DCVMI’s new plant in Cikarang adopts an integrated manufacturing system under one roof, enabling more efficient and streamlined production processes. It is equipped with a test track to simulate various road conditions and an advanced paint booth to enhance paint quality, all aligned with Mercedes-Benz’s global manufacturing standards.

STAAH turns around operations for Black Rock Hotels group

Jaipur: June 16, 2025 – STAAH, a leading global hospi-tech solutions firm, has enabled the Black Rock Hotels group to manage inventory efficiently, sync all booking platforms and track real time updates across its properties, directly boosting to revenues of the group.

The group’s properties in Pushkar, Jaipur and Ranthambore have deployed STAAH’s Channel Manager to manage online bookings effortlessly, optimize distribution, automate inventory updates and synchronise rates across all major online travel platforms.

“Our robust tech solutions are designed to ensure that our partner hotels can run profitably and smoothly run their operations, especially in today’s highly competitive environment. We are delighted to support Black Rock Hotels with our solutions that continue to place flexibility and control in the hands of the hoteliers,” said Shoaib Ali – National Sales Head India, STAAH.

In addition to the Channel Manager, STAAH offers a range of hospitality technology solutions, including booking engines, review management and revenue optimization tools that empower hotels to grow their online presence and profitability with ease.

Black Rock Hotels & Resorts has an inventory of 650+ rooms in India and is connected to more than 640,000 travel agents globally. The hospitality group is actively working to open 50+ hotels in 75 cities pan India within the next five years and is looking forward to adding 2000+ rooms by 2025.