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.

Tata AutoComp Acquires IAC Sweden, Enhancing Its Global Footprint

Bengaluru , Monday, 25th March 2025 – Tata AutoComp Systems Ltd., a leading Indian automotive components manufacturer, has announced the acquisition of International Automotive Components Group Sweden AB (IAC Sweden), with a turnover of approx. $800 million, a well-established manufacturer of interior systems and components to the automotive industry.

This strategic acquisition reinforces Tata AutoComp’s presence in Sweden and enhances the company’s relationships with key European OEMs in both the passenger vehicle and commercial vehicle segments, further expanding its global footprint. With this acquisition, Tata AutoComp consolidates its position as one of India’s largest automotive component manufacturers and strengthens its presence in Europe’s automotive sector. The acquisition of IAC Sweden will present strong synergy opportunities, allowing Tata AutoComp to leverage advanced manufacturing capabilities, cutting-edge technology, and well-established customer relationships in the premium automotive space.

The transaction is subject to European regulatory approvals.

Commenting on the proposed acquisition and how it aligns with their business, Mr. Arvind Goel, Vice Chairman of Tata AutoComp Systems said, “We are delighted to welcome IAC Sweden into the Tata AutoComp family. This acquisition aligns with our long-term vision of expanding in global markets and strengthening our relationships with European OEMs. IAC Sweden has a strong legacy of delivering high-quality interior solutions, and we look forward to working together to drive innovation and excellence in the automotive industry. This move reinforces our commitment to driving sustainable, high-quality, and customer-centric automotive solutions across geographies.”

Enjoy the Best of Cinema at Infiniti Mall This April

Mumbai, 25th March 2025: Infiniti Mall, a premium luxury shopping and entertainment destination, is set to make April evenings unforgettable with its exclusive open-air movie screenings, starting from 7 PM onwards. As the gentle breeze enhances the magic of cinema, visitors can enjoy a unique blend of leisure and entertainment in a cozy setting.

This month’s lineup features diverse films catering to all tastes. The screenings kick off with the adventure-filled Zindagi Na Milegi Dobara, a film that celebrates friendship, self-discovery, and the thrill of life.

Families and animation lovers can enjoy the delightful comedy Penguins of Madagascar, packed with humour and action.

The nostalgia continues with the beloved Bollywood classic Kabhi Khushi Kabhi Gam, a story of love, family, and traditions.

Wrapping up the month of April, film enthusiasts can step into the charming streets of Paris with Midnight in Paris, a whimsical tale of time travel, romance, and art.

Whether watching solo, with family, or with someone special, Infiniti Mall’s open-air movie screenings promise an enchanting escape, making every screening a night to remember.

Livlong 365 Expects Rapid User Growth by FY2026 Through ABHA Integration

Mumbai, 25 March 2025 – Livlong 365, India’s leading OPD healthcare platform, has officially integrated with Ayushman Bharat Health Account (ABHA), marking a significant leap in digital healthcare accessibility and interoperability. Now available on both Android and iOS, Livlong 365 enables users to create, link, and manage their ABHA ID, ensuring seamless access to health records across hospitals, clinics, and diagnostic centers. This integration is expected to drive 200–300% growth in ABHA linkages over the next 12–18 months, further aligning with India’s Ayushman Bharat Digital Mission (ABDM) and boosting digital health adoption nationwide.

This milestone aligns with the Ayushman Bharat Digital Mission (ABDM), which aims to create a unified digital health ecosystem for India. By integrating ABHA, individuals can securely store, share, and retrieve medical records, eliminating paperwork and enhancing healthcare efficiency. The ABHA integration is projected to increase user adoption by 150–200% in the first year, as users gain the ability to download and link their health records across multiple service providers, including Livlong 365.

Gaurav Dubey, Founder & CEO of Livlong 365, emphasized the importance of this initiative, stating , “Our integration with ABHA is a pivotal step in revolutionizing healthcare delivery through a seamlessly connected, technology-driven ecosystem. By ensuring efficient data exchange, this initiative empowers patients with uninterrupted, high-quality care while enabling insurers to make more informed risk assessments. This alignment with the national healthcare vision strengthens transparency, efficiency, and accessibility—laying the foundation for a more resilient and patient-centric healthcare system. Livlong 365 is proud to align with the Central Government’s initiative of shaping a future where technology enhances every touchpoint of healthcare, ensuring better outcomes for all.”

For years, India’s healthcare system has struggled with fragmented records, misplaced prescriptions, and unorganized patient histories. The integration of ABHA with Livlong 365 streamlines healthcare management by providing a single digital health ID for all medical records. Patients gain full control over their medical data, ensuring consent-based, secure sharing with healthcare providers. This enables faster doctor consultations, seamless access to hospitals and diagnostic centers, and improved emergency care through instant availability of medical history.

With the increasing adoption of tech-driven healthcare solutions, the ABHA-Livlong integration is set to accelerate the transition to a paperless, data-driven healthcare system in India. As the country moves towards a digital-first healthcare framework, this initiative reinforces Livlong 365’s commitment to enhancing healthcare accessibility, efficiency, and security.

NTT DATA Launches Cutting-Edge Agentic AI Services for Hyperscaler AI Technologies

LONDON; March 25: NTT DATA, a global leader in digital business and technology services, today announced the launch of its Agentic AI Services for Hyperscaler AI Technologies. This transformative suite of services helps organizations easily adopt, build, manage and scale AI-powered agents to improve efficiencies, unlock innovation and enhance employee and customer experiences, maximizing returns on AI investments.

This unique suite of services addresses the growing demand for agentic AI solutions that offer personalized experiences. This news builds on NTT DATA’s recently announced Smart AI Agent™, enabling enterprises to integrate AI-driven automation across business functions. Unlike traditional automation, Agentic AI understands user needs, engages naturally and handles complex interactions, empowering organizations to confidently scale their AI capabilities while ensuring optimization and success.

NTT DATA’s Agentic AI Services for Hyperscaler AI Technologies offers the industry’s most comprehensive suite of services for AI. These services support every stage of an organization’s agentic AI journey with cloud providers – from advisory and building AI agents to implementation, connectivity and ongoing managed services.

Applicable across all industries including manufacturing, banking and healthcare, these services help organizations maximize AI investments and responsibly innovate while ensuring ongoing optimization and success. Available in over 20 languages across every major market, NTT DATA ensures seamless global adoption.

By integrating its agentic AI with generative AI, including large and small language models, these AI agents can perform tasks more rapidly, accurately and efficiently with fewer errors. NTT DATA also helps to ensure clients that once AI agents are deployed, they remain secure, up-to-date and continuously improved. By connecting AI agents to hyperscaler data centers, NTT DATA helps to enable more personalized, natural interactions, making AI-driven services more intuitive and effective.

Meeting the demand for scalable AI solutions

Enterprise AI investments are accelerating. According to Gartner®, “by 2028, the market for artificial intelligence services will reach $609 billion with a five-year annual growth rate of 21.4% in constant U.S. dollars.” Additionally Gartner also states that “By 2028, “33% of enterprise software applications will include agentic AI, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously.”

NTT DATA’s own Global GenAI Report reflects this trend, showing organizations are increasingly prioritizing agentic AI for back-office and workflow optimization in 2025. The report also found that 96% of CIOs and CTOs prefer cloud-based solution methods.

“Agentic AI will revolutionize business operations and NTT DATA is at the forefront of this transformation,” said Charlie Li, Global Head of Cloud & Security, NTT DATA, Inc. “As the first global provider to offer comprehensive agentic AI services with a focus on AI agent management, we are empowering organizations to invest in AI agents with confidence– unlocking unprecedented efficiency and innovation while enhancing the experiences they provide to their employees and customers.”

Flexible agentic AI services

• NTT DATA’s Agentic AI Services for Hyperscaler AI Technologies are available in flexible packages, allowing organizations to scale AI adoption with industry leading support that can easily align to clients’ budgets, resources and timeframes.
• Advisory services: Guidance on adopting and optimizing agentic AI solutions, including planning, design, GenAI, business process optimization and automation tailored to specific business needs.
• Implementation services: AI agent configuration, integration and deployment focused on security, compliance and performance optimization with complementary change management options.
• Ongoing AI management services: Continuous monitoring, troubleshooting, data governance and detailed reporting and analytics.
• Connectivity: Seamless connectivity across all channels using NTT DATA’s cloud-native global connectivity services for voice, chat and mobile integration, ensuring consistent monitoring and compliance with local regulations.

Advanced expertise to accelerate innovation with hyperscalers

NTT DATA is uniquely positioned to deliver innovative and comprehensive capabilities and services as a systems integrator, managed services provider and carrier. This allows for faster and more efficient deployment of AI agents anchored in our commitment to responsible AI.

NTT DATA is launching its Agentic AI Services for Hyperscaler AI Technologies with an initial focus on Microsoft platforms. As the leading Microsoft Cloud Voice partner and a top provider of Copilot for Microsoft 365, NTT DATA is well-positioned to help enterprises integrate AI agents into their daily operations.

By leveraging cutting-edge tools such as Azure AI Foundry and Copilot Studio, NTT DATA agents are equipped to deliver even more innovative and effective solutions to clients.

“AI-powered agents are transforming how businesses operate, and we are excited to collaborate with NTT DATA to help organizations embrace this new era of AI-powered innovation,” said Maziar Zolghadr, General Manager Global Communications Partners, Microsoft. “Combining Microsoft’s AI technologies with NTT DATA’s expertise in AI agent building, deployment and management we are empowering enterprises to create more intelligent experiences for their employees and clients.”

Real-world applications across industries

NTT DATA’s Agentic AI Services for Hyperscaler AI Technologies offer solutions across functions and use cases, providing easy-to-implement solutions such as:

• Customer service: Automating query resolution and enabling self-service to reduce wait times.
• Billing and scheduling: Streamlining repetitive tasks to save time and improve operational efficiency.
• Training and onboarding: Accelerating employee onboarding and skills development.
• Logistics and risk management: Enhancing processes like fraud protection and data analysis for insight-driven decisions.
• HR and sales assistants: Offering voice, chat and messaging options for improved communication and task management.
• Workflow automation: Smart assistants optimize task routing process management.

Future growth and expansion

With today’s launch, NTT DATA builds on its established GenAI capabilities, further strengthening its position as a leader in AI-driven enterprise solutions.

NTT DATA’s Agentic AI Services for Hyperscaler AI Technologies are designed to work with a wide range of AI platforms and will continue to expand to support new technologies. These services are integral to NTT DATA’s broader managed services portfolio across cloud, networking and cybersecurity.

QualiZeal Advances DEI Goals with Workforce Reintegration Program for Women

India, March 2025 – QualiZeal, a leader in modern quality engineering, yesterday unveiled Restart with QualiZeal, an initiative to empower women professionals to re-enter the workforce after a career break.

QualiZeal believes that talent, expertise, and ambition do not fade with time but recognizes the challenges women face when re-entering the workforce after a career break. The Restart with QualiZeal program addresses these barriers by offering structured training, mentorship, flexible work arrangements, and opportunities aligned with past experience—helping women rebuild their careers with confidence.

With a 43% women-strong workforce, QualiZeal leads in Diversity, Equity, and Inclusion (DEI) through initiatives like GHCoE, which nurtures women in tech via industry partnerships, and SheConnect, a networking platform that empowers and uplifts women professionals.

Speaking about QualiZeal’s commitment to gender diversity and equality, Madhu Murty, Co-Founder & Head of India Operations, QualiZeal, said, “True innovation flourishes in an environment that values diversity, equity, and inclusion. Our rapid growth is fueled by exceptional talent, and we are committed to ensuring that every professional—regardless of career breaks—has the opportunity to thrive. ‘Restart with QualiZeal’ is not just about welcoming women back into the workforce; it’s about leveraging their expertise, resilience, and fresh perspectives to create a stronger, more dynamic future for the tech industry.”

Since 2021, QualiZeal has achieved a remarkable 71% CAGR, solidifying its position as one of the fastest-growing companies in the digital quality engineering space. With strong momentum, the company is on track to reach $100 million in annual revenue and expand to a 3,000+ skilled workforce by 2028.

Further reinforcing its expansion strategy, QualiZeal recently launched its third Capability Center in India, marking a significant milestone in its growth journey. This new facility strengthens its 850-strong workforce, with plans for continued rapid expansion to support increasing global demand for quality engineering solutions.