Category Archives: Business

Discovery of Heaviest Proton-Emitting Isotope 188At Highlights IIT Roorkee’s Global Research Collaboration

IIT Roorkee, India – June 6, 2025 : IIT Roorkee played a crucial part in a multinational collaborative effort leading to the discovery of a new atomic nucleus, 188Astatine ( 188 At). This discovery was achieved through an experiment at the Accelerator Laboratory of the University of Jyväskylä, Finland, along with the theory developed at IIT Roorkee and Universidade de Lisboa, Portugal.

The discovery of this new atomic nucleus, 188At, is based on the rare process of a nucleus decaying by emitting a proton. With a mass number of 188, it turns out to be the heaviest proton-emitting isotope known to date. Interestingly, the scientists have also reported the first evidence of a rare phenomenon called the Thomas-Ehrman shift in heavy nuclei. These results are published in the journal “Nature Communications” (Reference and hyperlink to be added) owing to the importance of their implications in fundamental physics and allied areas.

Prof. P. Arumugam, Department of Physics, IIT Roorkee, who lead the theoretical efforts mentioned “So far, about 3400 isotopes have been discovered across all 118 known elements, which is only a half of possible measurable isotopes. It is indeed a monumental effort to measure a new one like the 188 At with the novel facilities at Jyväskylä and a strong group of researchers from Finland, USA, India, UK, Portugal, Slovakia and Germany. IIT Roorkee’s contributions are mainly through the state-of-the-art theory and simulations developed over the past 15 years. We are glad that our persistent effort in exploring such interesting phenomena in fundamental physics eventually enabled us to discover 188 At. The expanded details of our theory are provided in the supplementary material of the article.”

This achievement not only celebrates a major scientific milestone but also reinforces IIT Roorkee’s global standing as a hub of high-impact, collaborative research in fundamental and applied sciences .

Prof. KK Pant, Director, IIT Roorkee, congratulated the team for this discovery and added that, “Significant developments in fundamental science are crucial as it widens the scope of its application to novel technologies and problems of contemporary interest. IIT Roorkee has consistently cultivated this aspect of research, which is yielding good results like this discovery of a new isotope with unseen unique properties. Such ground-breaking results are possible with a strong international collaboration which IIT Roorkee is keen to foster.”

This landmark discovery underscores IIT Roorkee’s unwavering commitment to excellence in fundamental scientific research . The institute continues to make significant contributions at the global stage by nurturing cutting-edge theoretical work, building interdisciplinary capabilities, and fostering international collaborations. With a strong foundation in physics, engineering, and computational sciences, IIT Roorkee is steadily advancing knowledge frontiers and inspiring future breakthroughs that can shape our understanding of the universe and drive transformative innovations in science and technology.

INRO Business Summit 2025: Unlocking New Economic Opportunities for India and Romania

Delhi, India — June 4, 2025

The Union of Bilateral Chambers of Commerce from Romania in India (UBCCR) proudly hosted the INRO Business Summit 2025 at the prestigious Pullman Hotel, Aerocity, marking a landmark moment in Indo-Romanian bilateral trade and investment relations.

The summit was a visionary step toward establishing a robust platform for dialogue, collaboration, and meaningful economic exchange between the two nations. It brought together dignitaries and key stakeholders from government, industry, diplomacy, and the private sector to explore shared opportunities across sectors such as manufacturing, clean energy, healthcare, food processing, digital technology, and infrastructure.

A vision shared across borders

The event was graced by an impressive line-up of esteemed guests and speakers, including Mr. Albu Alin Marius, Vice President of UBCCR; H.E. Ms. Sena Latif, Ambassador of Romania to India and Nepal; Mr. Mahesh Kumar Putta, Hon’ble Member of Parliament, India; Ms. Shieva Munjal, President, UBCCR; Shri Adarsh Shastri (Grandson of Late Former Prime Minister Lal Bahadur Shastri ji has been, ex MLA and Former CEO, Apple India & Founder of India Cellular & Electronics Association (ICEA); Mr. Vinod Rao Tandra, Director, Airbotix and Khammam BJP Lok Sabha candidate 2024; Col. Gandhi, Strategic Advisor, Airbotix Technology; and Mr. Anshumman Joshi, Chairman, Dhanvarsha Group & National President, Janhit Dal.

Mr. Albu Alin Marius, a dynamic leader with expertise in international relations, sports management, and strategic bilateral partnerships, emphasized Romania’s commitment to building sustainable ties with India. “Through innovative strategies, transparent communication, and a shared vision for development, we are laying a solid foundation for long-term Indo-Romanian partnerships. These collaborations are not only strategic but deeply impactful across education, technology, trade, and construction,” he said.

Romania’s gateway to Europe, and India’s gateway to growth

In her keynote address, Ambassador Sena Latif described the INRO Business Summit as a cornerstone of the deepening economic and strategic ties between Romania and India. She emphasized Romania’s position as a gateway to the European Union, CIS countries, North Africa, and the Middle East, inviting Indian businesses to explore Romania as a strategic launchpad for wider global access.

“The INRO Summit is not just another conference; it’s a movement,” said Ambassador Latif. “This is the first such large-scale B2B platform to bring Romanian industries to India, from wines and confectionery to high-end technology and healthcare. We aim not just to trade goods but to exchange ideas, build joint ventures, and grow together.”

She urged Indian business leaders to support the timely conclusion of the India-EU Free Trade Agreement, highlighting the vast potential it holds.

Member of Parliament Mr. Mahesh Kumar Putta hailed the summit as a timely initiative that underscores India’s growing global economic stature. “India has overtaken Japan to become the world’s fifth-largest economy. Our GDP growth is strong, our demographic dividend unmatched, and initiatives like Make in India, Digital India, and Startup India are laying the foundation for global partnerships,” he said.

He added that Romania’s growing interest in India is a testament to the mutual trust and opportunities that define this partnership.

UBCCR’s commitment to real-world impact

UBCCR President Ms. Shieva Munjal spoke passionately at the Business Gala, underscoring that the summit was not merely symbolic but action-driven.

“We are here to celebrate the power of cooperation,” Munjal said. “Our goal at UBCCR is simple: to connect people, turn ideas into real projects, and remove barriers to business between our two nations.”

She outlined UBCCR’s future initiatives, including structured business delegations, direct industry partnerships, and bilateral task forces focusing on clean energy, agriculture, digital innovation, and manufacturing.

Technology in focus: airbotix leads the charge

Airbotix Technology made a strong impression at the summit, represented by Mr. Vinod Rao Tandra, and Col. Gandhi. The team highlighted aerospace innovation, defense technology, and AI-driven solutions as promising areas of Indo-Romanian collaboration.

“At Airbotix, we are not just building drones or defense equipment. We are building trust, speed, and safety,” said Col. Gandhi “Romania has world-class aerospace talent and India has market depth and scale. It’s a perfect match.”

Col. Gandhi emphasized the importance of joint R&D platforms, skills development programs, and knowledge exchange to meet the demands of global security and tech advancement.

Mr. Anshumman Joshi added, “This is a great opportunity for India and Romania. This would be a milestone for having an absolutely amazing collaboration between both countries for defense manufacturing, especially in defence drones and other sectors.”

Diplomacy meets enterprise

The INRO Business Summit 2025 was more than a networking event — it was a declaration of shared ambition. Through B2B meetings, panel discussions, cultural presentations, and diplomatic dialogue, the summit highlighted the depth of opportunity and the strength of Indo-Romanian goodwill.

Tier-one companies from Romania that participated in the summit include Aviagro, Cotnari, Sergiana, Boromir, Mirdatod, Ecoferm, Casa Trimis, and Parviresin — all showcasing a diverse portfolio ranging from food and beverage to advanced agricultural and manufacturing capabilities.

A special note of thanks was extended to Mr. Paritosh Ladhani, Vice Chairman of SLMG Beverages (Coca-Cola), for his invaluable support in making the summit a success.

Costin Mandrea, CEO of Coca-Cola, said , “Platforms like the INRO Business Summit demonstrate the true potential of cross-border collaboration. Coca-Cola has always believed in creating value across communities we serve — and India and Romania together offer incredible opportunities for innovation, sustainability, and inclusive growth. We are proud to support initiatives that foster global partnerships rooted in trust and shared prosperity.”

Looking ahead

The success of the summit has set the stage for launching an Indo-Romanian Startup Exchange Program, forming bilateral task forces on agriculture, technology, and logistics, and hosting joint trade expos in Bucharest and New Delhi. With 77 years of diplomatic ties behind them, India and Romania are poised to elevate their economic cooperation to new heights.

UBCCR, under the leadership of Ms. Shieva Munjal and Mr. Albu Alin Marius, is committed to turning these conversations into tangible outcomes.

As the evening concluded with a vibrant networking gala and cultural exchange, the message was clear: the future of Indo-Romanian collaboration is not just promising — it is already in motion.

KC GlobEd Empowers Finance Professionals with Future-Ready Global Certifications

New Delhi: As global finance continues to grow more integrated, dynamic, and regulation-heavy, the expectations from finance professionals have expanded far beyond traditional accounting. The need for globally recognised certifications across accounting, auditing, taxation and other critical finance domains has never been more urgent. Rising to meet this demand, KC GlobEd, a leading global edutech platform, is enabling finance professionals and students to prepare for the world’s most in-demand professional qualifications including US CPA (Certified Public Accountant), US CMA (Certified Management Accountant), and US EA (Enrolled Agent), with UK ACCA (Association of Chartered Certified Accountants) and many more coming soon.

KC GlobEd empowers learners through expertly designed review programs that feature up-to-date study materials, practical case studies, and mentorship from industry experts – equipping them to confidently hover through the accounting & finance arena. With over 15,000 learners across 122 countries and a strong nationwide presence through 70+ franchise centres, the platform has become a trusted destination for career-focused finance learning. Designed for commerce, finance, and business graduates, final-year students, and working professionals, these programs combine expert-led instruction, real-world case studies, and flexible learning formats, making them ideal for anyone looking to grow or pivot into the international accounting finance & taxation landscape.

“Finance today is not siloed. It is global, connected, and forward-looking.”, said CPA & CA Kamal Chhabra, Founder and CEO of KC GlobEd. “Professionals today need adaptability, strategic thinking, and global perspective. These are things that equally matter alongside theoretical knowledge. We are focused on making this preparation accessible, immersive, and outcome-driven – thus equipping both emerging and experienced professionals to thrive in the finance roles of tomorrow.”, he added.

To enhance career outcomes, KC GlobEd places a strong emphasis on employability. Through placement partnerships, and access to job opportunities with top MNCs and consulting firms, the platform ensures that students are not merely exam-ready, but also career-ready. Starting salaries for successful candidates often range from ₹6 to ₹12 LPA, depending on qualifications and experience. Backed by a complete ecosystem – ranging from tailored study plans & mock exams to live classes, doubt-clearing sessions and performance analytics, KC GlobEd is helping redefine how finance professionals in India and abroad prepare for high-demand international credentials.

Haier India Powers a Sustainable & Greener Tomorrow with New Solar Rooftop Project to Mark World Environment Day

India, 05 June 2025 – Haier Appliances India, the No.1 global major appliances brand for 16 consecutive years, has demonstrated its commitment to sustainable manufacturing by commissioning a rooftop solar power project at its Industrial Park in Greater Noida. This initiative marks a significant milestone in Haier’s long-term sustainability roadmap, aimed at reducing its carbon footprint and integrating renewable energy into core operations. Announced in conjunction with World Environment Day, the launch reinforces Haier’s strategic focus on responsible innovation and environmental stewardship, aligning with broader efforts toward a cleaner, greener future.

The newly launched solar rooftop initiative will have a capacity of 4.5 Megawatt-peak (MWp) with 7,174 monocrystalline solar modules spread across 36,000 square meters of rooftop area. The installation is expected to generate 5.8 million kilowatt-hours (kWh) of clean electricity annually, helping the facility reduce its dependence on fossil fuels and traditional grid power. By avoiding approximately 5,500 metric tons of CO₂ emissions per year, the project’s environmental impact is equivalent to planting over 250,000 trees—a vital step toward restoring ecological balance and supporting biodiversity.

Speaking on the occasion, Mr NS Satish, President, Haier Appliances India said, “At Haier, sustainability is not a parallel effort — it is a defining pillar of our core operations and long-term strategic vision. The commissioning of the solar power project at our Greater Noida facility represents a bold step toward transforming how we drive progress by embedding sustainable innovation at the heart of our operations. By generating clean electricity on-site, we are not only improving energy efficiency but also reducing our carbon emissions in a measurable way. This initiative reflects our unwavering commitment to building a future-ready, environmentally responsible manufacturing ecosystem that aligns with India’s renewable energy ambitions and climate goals.”

With this initiative, Haier is not only advancing its sustainability agenda but also actively contributing to India’s renewable energy targets and reinforcing global climate commitments such as the Paris Agreement and the UN Sustainable Development Goals (SDGs). More than just a power solution, it exemplifies the strategic integration of clean energy into large-scale manufacturing—setting a benchmark for green industrial practices.

Allcargo Terminals MD Suresh Kumar R. Reiterates Carbon Neutrality Vision and Global Green Initiatives on World Environment Day 2025

By-Suresh Kumar R., Managing Director, Allcargo Terminals Limited and ESG Head – Allcargo Group

”World Environment Day serves as one more reminder of the interdependence between humankind and the environment. While raising awareness and offering a platform for collaboration to address environmental concerns, it also reiterates the importance of making conscious choices while keeping environmental sustainability at the core.

At Allcargo Group, we remain committed to our mission to chart sustainable pathways and our vision to achieve Carbon Neutrality by 2040. As a part of that goal, we are working on multiple fronts across the Group – adoption of renewable energy and alternative fuels and greener logistics practices. For instance, Allcargo Terminals’ (ATL) Chennai facility already runs on 70% renewable energy through solar rooftops and open access. Five of our seven ATL sites are solar energy-equipped, with capacity expansion under way. ATL has increased its fleet of electric forklifts from 10% to 25%, and ASCPL (Allcargo Supply Chain Private Limited) has transitioned to 100% electric material handling equipment across all warehouse facilities. Additionally, ASCPL has deployed sensor-based genset IoT systems to track and improve fuel efficiency.

As a part of our community upliftment and environmental stewardship initiative, we recently completed a rainwater harvesting, storage and ground water recharge project at Sawangi Tehsil in Nagpur to address the issue of water scarcity in that area, revitalise agricultural activities and rural economy. The project has positively impacted the livelihood of over four thousand people. This initiative is the latest in a series of long-term community development programs we are committed to.

This year’s theme ‘Putting an End to Plastic Pollution’ resonates with us as we are working towards reducing environmental impact by adopting sustainable alternatives. In June 2023, we declared our Mumbai headquarter Allcargo House completely plastic free. Single-use plastic items are now barred at Allcargo House and reusable cloth bags are made available on premises. We also undertake beach clean-up drives as part of our efforts to raise awareness on the adverse impact of plastic pollution on marine ecosystems.

Our efforts extend globally as well. The Allcargo Group’s global subsidiary ECU Worldwide has introduced Greenwayz, a sustainable shipping solution powered by biofuel in the Nordic region. We have plans to expand this initiative in a phased manner across key trade lanes. The ECU Worldwide office in Antwerp has been regularly participating in the Annual Port Clean-Up to remove plastics, discarded fishing nets and other debris that could endanger the marine environment.

Environment sustainability is a collective effort in which every supply chain stakeholder has a role to play. Going forward, we will sharpen our focus on integrating circular economy principles into our operations.”

BENZ Packaging Reaffirms Sustainability Commitment on World Environment Day

New Delhi, India – June 5, 2025 – On the occasion of World Environment Day, BENZ Packaging, a leader in eco-conscious industrial packaging, reaffirms its commitment to building a greener future through scalable, sustainable solutions.

“Our planet can no longer afford short-term thinking,” said Chaitanya Chopra, Director at BENZ Packaging. “This World Environment Day, we’re not just celebrating milestones—we’re challenging ourselves and our industry to do better. From responsible sourcing to AI-powered efficiency, sustainability is no longer an add-on. It’s our foundation.”

At a time when industrial waste remains a major contributor to environmental degradation, BENZ Packaging has proactively adopted biodegradable materials, moisture-control technology, and low-impact logistics to help clients reduce their environmental footprint across sectors like automotive, renewables, and engineering.

Over the past year alone, the company has:

• Replaced over 120 tonnes of plastic with recyclable alternatives

• Developed India’s first industrial VCI paper that’s 100% plastic-free

• Launched closed-loop packaging pilots in partnership with key OEMs

BENZ Packaging’s newly automated facilities are designed to optimize energy usage and minimize material waste, even as they scale to meet rising demand. BENZ Packaging continues to lead the transition toward responsible manufacturing, setting new benchmarks with its fully recyclable packaging, zero-waste production strategies, and carbon-conscious supply chain. As India and the world grapple with environmental crises, BENZ Packaging is expanding its R&D focus on compostable and water-based packaging and engaging with industry forums to push for policy change and sustainability-first supply chains.

NXP India MD Hitesh Garg Highlights Measurable Climate Action and ESG Commitment on World Environment Day 2025

By-Mr. Hitesh Garg, Vice President and India Managing Director at NXP Semiconductors

“At NXP, caring for our environment and our workforce are deeply interconnected. This World Environment Day, we reaffirm our commitment to building a sustainable future through measurable action — from reducing Scope 1, 2, and 3 emissions and scaling renewable electricity, to recycling over 89% of our waste and 55% of our wastewater. Supported by global certifications, strong oversight, and continuous workforce training, our efforts are rooted in accountability and action. These steps not only reflect our global ESG goals but also align closely with India’s Net Zero ambitions — a national mission to achieve carbon neutrality by 2070. Together, we’re turning environmental ambition into action, and action into long-term impact.”

Palau Opens Doors to Indian Tourists with 30-Day Visa-Free Entry: A Gateway to Paradise

In a significant move to boost tourism and strengthen diplomatic ties, the Republic of Palau has announced 30-day visa-free entry for Indian citizens, marking a new chapter in Indo-Palau relations. Known for its breathtaking marine biodiversity, crystal-clear waters, and lush tropical landscapes, Palau is emerging as a hidden gem for Indian travelers seeking unique, nature-rich travel experiences including WW II Relics and remains in the ocean and on land.

Located in the western Pacific Ocean, Palau offers a perfect blend of adventure, relaxation, and ecological wonder. With its UNESCO-listed Rock Islands, world-renowned dive sites like Blue Corner and Jellyfish Lake, and a strong commitment to sustainable tourism, Palau is fast becoming a must-visit destination for nature lovers and explorers alike.

Indian traveler is a matured , and is looking for newer places to visit. Palau is a new country for Indians and with airlines such as United Airlines, China Airlines, Quantas , Japan Airlines, Nauru Airlines and Hong Kong Airlines operating into Palau , its soon going to be the most sought after destination said Dr Neeraj A Sharma – The Honorary Consul General of Palau to India, recently during a media interaction.
While Palau does not currently have direct air connectivity with India, travelers can reach the island nation through connecting flights from major Southeast Asian hubs like Manila (Philippines), Taipei (Taiwan), or Seoul (South Korea).

Excitingly, Air India is soon expected to launch direct flights from India to the Philippines, significantly easing access to Palau. With Manila being one of the key connecting hubs to Palau, this move will not only reduce travel time but also open up seamless travel opportunities for Indian tourists keen to explore this Pacific paradise , said the Honorary Consul General Neeraj Sharma.

Under the leadership of President Surangel S. Whipps Jr., Palau continues to champion sustainable development, environmental protection, and responsible tourism. His administration remains deeply committed to preserving the natural heritage of Palau while opening its doors to global travelers in a way that respects and enhances the local ecosystem. President Whipps’ initiatives to balance growth with conservation have placed Palau at the forefront of climate advocacy and eco-tourism.

Neeraj A. Sharma, has been actively working to promote Palau as a prime travel destination for Indian tourists. From hosting tourism awareness campaigns to engaging with Indian travel operators and media, Dr. Sharma is playing a pivotal role in building cultural and economic bridges between the two nations. His efforts are expected to not only increase tourist footfall but also foster long-term tourism partnerships and collaborations. The famous Indian restaurant Taj Palau owned by NRI Robert Scaria is the favorite eating place for the global citizens visiting Palau.

As India continues to look towards east for unique travel experiences, Palau stands ready to welcome Indian travelers with warmth, wonder, and a world of natural beauty—now just a flight away.

Hi-Tech Radiators MD Kartik Daftari Reaffirms Commitment to Green Manufacturing on World Environment Day 2025

By-Mr. Kartik Daftari, Managing Director and CEO, Hitech Radiators Pvt. Ltd.

“Sustainable manufacturing needs to go from being an ideal to a reality as climate change speeds up and industries are held to higher standards of environmental responsibility. At Hi-Tech Radiators Pvt. Ltd., we believe that sustainable production that satisfies global demand while respecting ecological limits is the way of the future for heavy industries. We reaffirm our commitment to minimizing our environmental impact through energy-efficient processes, galvanized products with longer life cycles, and adherence to the highest international quality and sustainability standards on this World Environment Day.

Our ethos is rooted in environmental safekeeping, and we encourage industry peers and local communities to work together to accelerate innovations in responsible sourcing, green manufacturing, and circular economy practices.”

Cashify CMO Nakul Kumar Champions Circular Economy on World Environment Day 2025: Turning E-Waste into a Dollar60B Opportunity

By- Nakul Kumar, Co-founder & CMO, Cashify

“At Cashify, we believe sustainability never comes at a cost; rather it’s a value multiplier. India generates over 1.75 million tonnes of e-waste each year, with less than 25% entering formal recycling. That’s not just an environmental crisis; it’s a $60 billion missed opportunity in lost materials, unregulated emissions, and informal sector inefficiencies.We’ve seen how tech-led, formal e-waste management can flip this script. It extends device life, creates green jobs, and recovers valuable metals at scale.
This isn’t about charity or compliance. It’s about smart economics and smarter consumption.The future lies in reimagining value by seeing yesterday’s waste as tomorrow’s resource. At Cashify, that’s the mindset we’re scaling. This mindset shift is fundamental to building a true circular economy, where nothing is wasted and everything has potential for regeneration. This transformation needs to happen across every sector of our economy.”