Category Archives: Business

Raminfo bags RS 474 crore order for installing Rooftop Solar Projects

Hyderabad, June 17, 2025: Raminfo Limited, a tech solutions provider, has bagged an order worth ₹474 crore from Rajasthan Renewable Energy Corporation Limited (RRECL) through a consortium led by the Company. Raminfo has ventured into smart energy solutions to build a future with green and sustainable energy.

L. Srinath Reddy, MD, Raminfo Limited

The scope of the order includes the Design, Supply, Erection, Testing, and Commissioning, along with Comprehensive Operation & Maintenance (O&M) for a period of 25 years, of Rooftop Solar (RTS) Photovoltaic Power Projects to be installed on buildings owned by the State Government and its undertakings across Rajasthan, under the Hybrid Annuity Mode (HAM) aggregating to a total capacity of 73 MW.

L.Srinath Reddy, Managing Director of Raminfo Limited said, “Raminfo Limited will hold a 51% stake in this project through its SPV Raminfo Green Energy Private Limited, which will execute the project with a total capacity of 73 MW.

We offer reliable, innovative and affordable solar energy solutions. Our expertise and our unmatched project execution capabilities helps us deliver word class solutions with highest standards.

Solar is one of the fastest-growing renewable energy sources in the world and, with our integrated rooftop solar solutions, we aim to lead the charge of India’s energy revolution to achieve rooftop solar targets on state government buildings at various locations in Rajasthan.”

Raminfo has ventured into energy industry by incorporating Raminfo Green Energy Private Limited, a subsidiary on May 5, 2025, which operates in the electricity, gas, steam, and air-conditioning supply sector. It aims to create a sustainable world with solar energy.

The rooftop solar industry in India is experiencing rapid growth, with the total installed capacity reaching 13.7 GW by the end of December 2024. The market is projected to continue expanding, with some estimates suggesting a market value of USD 4.46 billion by 2033. This growth is fuelled by government initiatives, decreasing both set up and overall storage costs, per unit cost savings and growing awareness of the benefits of rooftop solar.

Especially both Central Government, State Governments and private sectors investments in green energy is going to boost overall capacity addition in green energy which in turn is going to contribute for the rapid growth of the company.

India’s cumulative total exports grows by 5.75% during April-May 2025 despite persistent trade frictions and policy uncertainty: PHDCCI

India’s cumulative total exports (merchandise and services) registered a y-o-y growth of over 5%, increasing from USD 134.6 billion during April-May 2024 to USD 142.4 billion during April-May 2025. This resilient exports growth is driven by positive momentum of 3% in merchandise and 9.1% in services exports during the same period, said Shri Hemant Jain, President, PHDCCI, in a press statement issued here today.

Hemant Jain

In May 2025, India’s overall exports (merchandise and services combined) accelerated to USD 71.12 billion, marking a 2.7% increase compared to the same month last year. This growth is driven by high merchandise exports of electronic goods (54.1%), marine products (26.8%), organic and inorganic chemicals (16%), drugs and pharmaceuticals (7.4%), and readymade garments of textiles (11.3%), among others. On the import side, declines were seen in categories such as pulses, transport equipment, fertilizers, crude oil, coal, gold, and vegetable oils , he said.

Amid USA trade policy uncertainty, India’s trade relations remained resilient as exports to the USA grew by over 20% during April-May 2025 vis-a-vis April-May 2024. Trade with other major partners also showed promising trends. Exports to Australia surged by over 50%, Oman by 40.9%. China by 18.7%, and the United Arab Emirates by 12.3%, he said.

Going ahead, we anticipate exports to grow robustly and resiliently supported by government continuous efforts to diversify the export market and boost India’s exports competitiveness with initiatives like the recent restoration of RoDTEP benefits, he said.

Qlik Named a Leader in the 2025 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms

Philadelphia, PA/Bengaluru, India, June 17, 2025 – Qlik^®, a global leader in data integration, data quality, analytics, and artificial intelligence, today announced it has been recognized as a Leader in the 2025 Gartner^® Magic Quadrant^™ for Analytics and Business Intelligence Platforms. Qlik believes its recent innovations reinforce its commitment to helping organizations drive trusted business value through intuitive, user-centric analytics.

Qlik views its upcoming agentic experience as a reflection of its long-standing leadership in making analytics feel natural, flexible, and intuitive—building on its analytics engine and decades of innovation in user interaction. By combining conversational analytics, guided authoring, and context-aware automation, the agentic experience will enable users to move from question to insight with speed and confidence—raising the standard for how analytics supports better decisions across the business.

“Every day, our customers show us what’s possible when analytics are built for clarity, speed, and trust,” said Mike Capone, CEO of Qlik. “We’re making advanced capabilities feel intuitive—so more people can move from data to confident decisions without friction. That’s what agentic analytics is really about, and we’re just getting started.”

Qlik’s recent Qlik Cloud Analytics™ differentiators:

• Gartner Peer Insights™ Customers’ Choice Recognition: Peer Insights scores and “willingness to recommend” reflect consistent satisfaction across industries and use cases.
• Analytics engine advantage: Unique engine lets users explore all data relationships without predefined queries—surfacing insights other tools miss.
• Built-in AI: New AI experiences brings together natural-language interaction, guided authoring, and automation to speed up confident decision making.
• Cloud-agnostic by design: Native support for major clouds and apps lets customers deploy flexibly, scale efficiently, and avoid vendor lock-in.

“Our commitment to making analytics truly agentic—embedding intuitive insights directly into users’ everyday workflows—is what we believe is driving Qlik’s clear momentum in this year’s Magic Quadrant,” said Brendan Grady, Executive Vice President and General Manager of Qlik’s Analytics Business Unit. “To amplify this impact, we’re deeply integrating data integration and quality into the analytics experience, ensuring users are empowered with trusted, actionable data at every decision point.”

“Qlik sets itself apart by allowing us to explore the full depth of our data—not just surface-level factoids,” said Max Mosky, SVP, Strategy, Operations, & Analytics at TouchPoint Support Services. “We can identify what’s truly driving operational performance, respond quickly, and turn insights into action. It’s not about reporting what happened—it’s about influencing what happens next.

As data ecosystems grow more fragmented and fast-moving, Qlik continues to deliver clarity at scale—connecting analytics and integration in a unified, trusted platform. Its roadmap reflects a disciplined focus on simplifying complex workflows and accelerating time to insight. It’s part of Qlik’s commitment to making smarter decisions simple, intuitive, and enterprise-ready.

Gartner, Magic Quadrant for Analytics and Business Intelligence Platforms, Anirudh Ganeshan, Edgar Macari, Jamie O’Brien, Kurt Schlegel, Christopher Long, June 16, 2025.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

TTK Prestige Launches Tri-Ply Hexamagic Cookware, Blending Non-Stick Innovation with Triply Durability

Hyderabad, June 17, 2025 – India’s leading kitchen and home appliances brand, TTK Prestige, recently declared the launch of its newest innovation in cookware Tri-Ply Hexamagic. The recently launched range combines the unparalleled resilience of triply construction with a game-changing honeycomb-patterned non-stick finish, ushering in a new era in high-performance cooking.

 Developed to meet the changing needs of Indian families, Tri-Ply Hexamagic is offered in fry pans as well as kadais. The USP of this range is its high-tech honeycomb design, which reduces direct contact of metal ladles with the non-stick coating. This design not only increases the durability of the coating but also ensures long-lasting performance despite frequent usage.

Prestige Tri-Ply Hexamagic cookware is backed by a fifteen-year warranty on the product and a three-year warranty on the non-stick coating, reaffirming the brand’s assurance of quality and reliability. The new line is also priced competitively to be affordable without sacrifice.

With the launch of Tri-Ply Hexamagic, TTK Prestige solidifies its role as a pioneering force in the industry, committed to making the lives of crores of Indian families better by way of exceptional kitchen innovation. The brand has raised the bar for innovation and performance in cookware. It reflects Prestige’s ongoing commitment to developing thoughtful, technology-driven kitchen solutions that elevate the cooking experience while delivering long-term value to our customers.

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.