16, Jul 2026
Sambhuti Learning Signs MoU with IIT Bombay-Incubated Prosical Language Technologies to Integrate AI-powered Reading Assessment
Partnership integrates IIT Bombay-developed TARA into VidyaBuddhi to strengthen foundational literacy and language fluency
Bangalore, 16th July 2026: Sambhuti Learning and IIT-Bombay incubated Prosical Language Technologies today announced the signing of a Memorandum of Understanding (MoU) to integrate TARA (Teacher’s Assistant for Reading Assessment), an AI-powered oral reading fluency assessment technology into Sambhuti Learning’s AI-powered learning platform, VidyaBuddhi on July 15.
Prosical Language Technologies is incubated at the Society for Innovation and Entrepreneurship (SINE IIT Bombay), the technology business incubator of IIT Bombay. SINE, IIT Bombay, has supported the commercialisation of this deep-tech innovation by enabling the translation of IIT Bombay research into impactful educational technology.
The collaboration brings together academic research, artificial intelligence and digital learning to equip schools and education programmes with objective, scalable and data-driven tools that help assess, monitor and improve foundational literacy and language fluency.
TARA is a patented AI-powered Oral Reading Fluency (ORF) assessment technology developed at IIT Bombay. Prosical Language Technologies, a company founded by IIT Bombay faculty and alumni, has licensed the technology from IIT Bombay to translate years of academic research into scalable language learning and assessment solutions.
Under the MoU, TARA will serve as the assessment engine within VidyaBuddhi’s Reading Intervention Programme. The integration will enable teachers to evaluate students’ oral reading accuracy, fluency, pace and expression while generating actionable insights that support personalised instruction and targeted interventions. The platform will support both formative and summative assessments, enabling educators to continuously monitor student progress and address learning gaps through evidence-based instruction.
Mr. Umamaheshwar Ragi, Co-Founder and CEO, Sambhuti Learning, said, “Reading fluency is one of the strongest indicators of learning outcomes. By integrating TARA into VidyaBuddhi, we are combining advanced AI with proven assessment methodologies to help teachers identify learning gaps early and provide targeted interventions. This collaboration strengthens our commitment to improving foundational literacy through technology.”
Under the agreement, Prosical Language Technologies will provide API access, technical integration support, product enhancements and training for seamless implementation of the TARA engine within VidyaBuddhi. Sambhuti Learning will integrate the technology into its platform, provide the required infrastructure and make the solution available to schools and education partners across its digital learning ecosystem.
Commenting on the partnership, Prof. Preeti Rao, Founder & CEO, Prosical Language Technologies, said, “TARA is the outcome of years of research at IIT Bombay to make Oral Reading Fluency assessment objective, scalable, and accessible. Through our collaboration with Sambhuti Learning and the support of SINE, IIT Bombay, we are taking this research beyond the laboratory into classrooms, where educators can use AI-powered insights to strengthen reading fluency and improve learning outcomes for every child.”
The integration will enable schools and education programmes to conduct standardized oral reading assessments on a scale, significantly reduce teachers’ assessment time and generate actionable insights that support targeted interventions and improved language learning outcomes.
Mr. Shaji Varghese, CEO, SINE, IIT Bombay, said, “One of SINE’s key objectives is to help transform cutting-edge research into businesses that create measurable societal impact. This collaboration demonstrates how innovations developed at IIT Bombay can be translated into scalable educational solutions through partnerships between academia, startups and industry.”
Aligned with the goals of NEP 2020 and the NIPUN Bharat Mission, the collaboration seeks to equip educators with practical AI-enabled tools that help identify learning gaps early, personalise instruction and strengthen foundational literacy outcomes.
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- By Neel Achary
16, Jul 2026
4th Edition of Abu Dhabi Maritime Awards to Spotlight Exceptional Marinas in Middle East—North Africa—Türkiye Region
Abu Dhabi, UAE – 16 July 2026: In collaboration with the Integrated Transport Centre (Abu Dhabi Mobility), an affiliate of the Department of Municipalities and Transport, Abu Dhabi Maritime, part of AD Ports Group, has announced the opening of submissions to the 2026 Abu Dhabi Maritime Awards, set to culminate in a prestigious ceremony during the Abu Dhabi International Boat Show, scheduled to take place from 19–22 November 2026.
Founded in 2023, the Abu Dhabi Maritime Awards aim to bring recognition to the vibrant marina industry across the Middle East, North Africa, and Türkiye (MENAT region), and to set new benchmarks for excellence in marina management and operations across 12 award categories. Submissions for the fourth edition are open to all licensed marina owners and operators across the MENAT region.
Dr. Abdulla Hamad AlGhfeli, Acting Director General of the Integrated Transport Centre, said: “The Abu Dhabi Maritime Awards support the Integrated Transport Centre’s vision to deliver world-class, sustainable infrastructure that enables mobility and drives economic growth. The fourth edition reflects our continued confidence in the strength, competitiveness, and future potential of the regional marina industry, while reinforcing Abu Dhabi’s standing as a leading global maritime hub. Through this awards programme, we aim to foster the innovation and collaboration that will motivate progress across the industry.”
Captain Saif Al Mheiri, Abu Dhabi Maritime CEO and Group Chief Sustainability and Risk Officer at AD Ports Group, said: “The Abu Dhabi Maritime Awards continue to serve as a powerful platform for recognising excellence and driving progress across the marina ecosystem in the MENAT region. By celebrating organisations, projects, and individuals, the awards highlight the collective efforts shaping a more resilient, innovative, and sustainable maritime sector. At AD Ports Group and Abu Dhabi Maritime, we remain committed to enabling this growth and strengthening Abu Dhabi’s position at the forefront of global maritime development.”
The fourth annual edition of the Abu Dhabi Maritime Awards consists of organisation, project, and individual-based categories – a holistic approach that recognises the institutions, initiatives, and people shaping the regional industry.
Five core organisation-based categories recognise achievements in “Customer Experience,” “Employer Excellence,” “Health & Safety,” “Innovation,” and “Sustainability.”
The top “Outstanding Marina Award” is presented to the marina that demonstrates excellence across all five organisation-based categories.
Marinas that apply to the Outstanding Marina Award are automatically entered into the five core organisation-based categories. The winner of this top accolade will not be eligible to win other organisation-based categories to ensure equitable opportunity for all participating marinas.
Three project-based categories reward targeted initiatives. The “Sustainability Project,” “Innovation Project,” and “Wellbeing Project” Awards celebrate successful standalone projects rather than overall organisational performance.
The three individual-based categories – the “Outstanding Leader Award,” “Outstanding Service Hero Award,” and “Rising Star Award” – honour the people who inspire their colleagues, customers, and communities through remarkable performance and meaningful contributions.
Finally, the 2026 programme will include the returning “Most Popular Marina” recognition, determined by public vote via a secure online portal opening in October.
Marinas and individuals are invited to apply now by creating a profile on the Abu Dhabi Maritime Awards website. More information on the awards programme, criteria, and application and assessment processes is also available on the website and through its applicant portal.
15, Jul 2026
Safety Brakes XL – mayr® power transmission at SMM 2026
Power transmission specialist presents braking systems for high braking torques and large-scale applications in harsh environments
Applications involving extreme torques call for reliable and high-performance safety brakes. This is especially true when the environment presents additional challenges, such as in harbors or on the open sea. With new models in the ROBA-stop® S and ROBA-stop M® series mayr® power transmission now opens up the braking torque range above 1,000 Nm in the maritime sector as well.
Image source: mayr® power transmission
With two new sizes in the proven ROBA-stop® S and ROBA-stop M® series, mayr® power transmission now offers new solutions for these extreme-duty applications. The ROBA-stop M® safety brakes are used in harbor or construction cranes, as well as in hoists or overhead traveling cranes in factory halls at various positions: specifically in the slewing, travel, and hoist drives, usually at the free shaft end. In normal operation, they frequently function as holding brakes. Only at a speed of zero does the brake engage and hold the load securely. The brakes are also designed to absorb peak loads with extreme friction work. This is the case, for example, when downward-moving loads must be braked from full speed in the event of an EMERGENCY STOP or power failure. New to the lineup is the ROBA-stop M® 2000, which achieves a braking torque of 3,500 Nm in the holding brake version and up to 2,500 Nm as a dynamic brake. The brake is available in two protection ratings: Protection rating IP54 for all conventional applications in which exposure to dust and water is not a major factor. For outdoor applications such as large construction cranes, where such conditions are the norm, protection rating IP66 is the better choice. It is achieved through a fully enclosed and sealed design.
The electromagnetic ROBA-stop M® safety brake operates according to the fail-safe principle, meaning it is failure-proof. In the de-energized state – including during a power failure or EMERGENCY STOP – it is engaged. When power is applied, a magnetic field builds up in the brake. The armature disk is attracted to the coil carrier against the spring pressure. This releases the rotor, which means the brake is released. The motor can rotate freely. A further advantage for safety-critical applications: Even in the event of damage to the brake – caused, for example, by a line breakage or failure of the magnetic coil – the braking torque is maintained.
Image source: mayr® power transmission
If even more protection is required – for example, when maritime conditions and seawater come into play – protection rating IP67 in combination with high-performance corrosion protection is the better choice. This applies to harbor crane installations or deck winches and cranes on ships. mayr® has had the ROBA-stop® S in its product range for some time now for such applications. In addition to the high protection rating, the brake is provided with a special seawater primer depending on customer requirements, and also meets the highest corrosion protection classes per DIN EN ISO 12944 when the customer applies a corresponding topcoat. With the ROBA-stop® S in the new size 11, which delivers up to 1,200 Nm dynamic braking torque as standard, an additional model for high loads is now available in the series.
The ROBA-stop® S is specifically designed for the demanding conditions of maritime applications. With protection rating IP67 and high corrosion protection, it withstands the stresses caused by saltwater, heavy seas, and storms, and ensures reliable safety on deck or in harbor installations.
Image source: mayr® power transmission
In difficult installation positions, criteria such as easy installation and handling as well as long maintenance intervals are particularly important, in addition to protection against external influences. Thanks to their reliable and sturdy design, the safety brakes are easy to handle and can be installed quickly and easily. The high-quality friction material of the brake linings with high wear resistance also substantially reduces the number of inspections necessary, and therefore the failure times. If the friction linings wear down, the maintenance effort is minimal: For the ROBA-stop® S series, only the air gap needs to be re-adjusted, or the rotor with the friction linings replaced at the end of the service lifetime. This is even easier with the new size 11 than before: The rotor is accessible from the rear of the brake, even when the brake is installed. This facilitates service and maintenance under extreme conditions and minimizes risks for the crew and equipment.
“We have been present on the market with our robust motor brakes for a comparatively long time, including in extreme applications,” says Andreas Merz, Product Manager at mayr® power transmission. “Our ROBA-stop® went into series production in 1986, so we have already been able to gather extensive experience. However, we are seeing significant developments in the course of electrification. Electric drives are becoming more compact and power-dense, but they also need to handle significantly more torque than before. That is why we are moving into the range well above 1,000 Newton meters with our new brake models. With our new XL brakes, we too are now serving a market segment in which the options available to the user are rather limited.”
mayr® power transmission at SMM 2026 in Hamburg: Hall A4, Booth 326.
15, Jul 2026
TRC Consulting Launches Leadership Advisory Board (LAB)
New Delhi, July 15: Strengthening its dedication to collaborative development and forward-thinking leadership, TRC Consulting has declared the establishment of the Leadership Advisory Board (LAB) based on the principle of ‘Let’s grow together.’ This undertaking unites a prominent team of experienced industry leaders who will assist the firm in fulfilling its vision in terms of strategy and growth.
From TRC Consulting’s point of view, effective business growth is possible only due to teamwork, diversity of perspectives and permanent learning, which is the reason for establishing the Leadership Advisory Board. Its goal to enhance value for its customers is going to be achieved through joining forces with experts on finance, education, law and governance, wealth management, and so on.
The establishment of LAB has brought together successful business specialists like Sanjay Lakhanpal, Parikshit Sen Gupta, Manan Chadha, Manu Sharma, Ashish Bansal, Rohit Suri, and Richard Pinto, who are all professionals in their areas with years of management experience. Their knowledge in business will help TRC Consulting not only make wise decisions but also introduce new ideas into business models and execute smart decisions.
Working alongside the Advisory Board is TRC Consulting’s Internal Board, comprising Ankit Chadha, Managing Director; Kshitij Goel, Director – Valuation; Sagar Chatterji, Director – Chief of Growth; Shivali Tandon, Director – People & Culture; Viral V. Jhonsa, Director – Governance, Risk & Compliance (GRC); and Pankaj Kumar, Associate Director – Asset Management Services (AMS). Together, the Internal Board and the distinguished Leadership Advisory Board embody TRC’s “Let’s Grow Together” philosophy by transforming collective wisdom into action, fostering innovation, strengthening leadership, and driving sustained growth for the firm and its clients.
While commenting on the initiative, Ankit Chadha, Managing Director, TRC Consulting stated, “Our Leadership Advisory Board is a testament to our belief in growing together. It unites distinguished leaders whose collective experience and strategic insights will challenge perspectives, unlock opportunities, and guide our long-term vision. Together, we will deliver greater value for our clients, foster excellence within our teams, and build a stronger organisation.”
The establishment of the Leadership Advisory Board (LAB) is another fundamental step of TRC Consulting towards a more enduring future of collaboration, where shared experience, trustworthy leaders, and collaborative wisdom will ensure the steady excellence of the company’s performance.
15, Jul 2026
Enerpac Introduces Lightweight Electric Hydraulic Torque wrench pump for Remote and Hard-to-Access Worksites Portable performance wherever you need it
India July 15: Enerpac, a global leader in high-pressure hydraulic tools, controlled force products, and heavy lifting solutions, today announced the launch of its newest innovation, the “LU-Series Lightweight Electric Hydraulic Torque Wrench Pump,” a compact, portable, and purpose-built solution designed to improve safety, efficiency, and ease of use in intermittent bolting applications.
Engineered for maintenance, repair, and field-service operations, the LU-Series addresses a longstanding industry challenge: the use of large, continuous-duty hydraulic pumps for smaller, localized torque applications. By delivering the performance required for critical bolting tasks in a significantly lighter, more compact design, the LU-Series helps maintenance crews work more efficiently across remote and demanding industrial environments. The LU-Series weighs just 15 kg when empty, making it one of the lightest pumps in its class. This lightweight, compact design, combined with balanced lifting points and ergonomic handling features, enables operators to transport, position, and set up the equipment more easily in confined spaces, elevated work areas, and remote industrial locations. As a result, maintenance teams can move equipment more easily, simplify deployment in challenging work environments, and complete bolting tasks more efficiently, helping minimize downtime and accelerate maintenance schedules. Specifically calibrated for torque wrench duty cycles, the pump delivers reliable performance without the size, weight, and complexity of conventional hydraulic pumping systems, supporting greater operational productivity and ease of use in the field.
Built for real-world industrial conditions, the LU-Series features a rugged roll-cage design, reinforced front protection, and an over-temperature monitoring system that helps safeguard equipment performance during operation. The pump is tested to more than 50,000 cycles and operates in temperatures ranging from -34°C to 50°C, ensuring dependable performance across a wide range of applications and environments.
As India continues to expand investments across renewable energy, oil and gas, mining, and large-scale infrastructure projects, maintenance teams are increasingly required to operate in remote and difficult-to–access locations. Designed with portability at its core, the LU-Series enables technicians to easily carry and deploy the pump at wind turbine sites, offshore platforms, mining operations, and industrial facilities where transporting heavier conventional pumps can be challenging. Its lightweight design helps simplify maintenance activities while improving operational efficiency in the field.
“Industrial maintenance teams often work in locations where transporting heavy hydraulic equipment is both time-consuming and challenging. Whether it is servicing wind turbines, supporting mining operations, maintaining offshore assets, or carrying out maintenance activities in remote industrial facilities, operators need equipment that is lightweight, portable, and easy to deploy,” said Anindya Pal, Director, Enerpac India. “The LU-Series was designed specifically to address these challenges, delivering the performance customers expect in a compact form factor that can be carried wherever the job demands. By combining portability, durability, and reliability, the LU-Series helps maintenance teams improve productivity and execute critical bolting operations more efficiently.”
The LU-Series delivers hydraulic pressure up to 700 bar and is compatible with Enerpac‘s range of hydraulic torque wrenches, making it suitable for a broad spectrum of controlled bolting applications. By significantly reducing the physical effort required to transport and position conventional 30–40 kg pumps, the LU-Series enables faster deployment and greater flexibility for maintenance crews operating in remote and demanding environments. The product is available globally through Enerpac‘s distributor network and is backed in India by local service support and operator training through the Enerpac Academy in Bengaluru.
As industries continue to prioritize worker safety, operational uptime, and maintenance efficiency, the LU-Series further strengthens Enerpac‘s comprehensive bolting portfolio and reinforces its commitment to delivering innovative solutions that help customers perform some of the world’s most demanding industrial tasks safely and efficiently.
15, Jul 2026
India Accelerates Clean Energy Push with Bids Invited for 10 GWh Advanced Battery Manufacturing Capacity
July 15: The government has invited bids for establishing giga-scale Advanced Chemistry Cell (ACC) battery manufacturing facilities with a combined capacity of 10 GWh, marking a significant move to strengthen India’s clean energy and advanced manufacturing capabilities.
The initiative is aimed at creating a strong domestic ecosystem for next-generation battery technologies, reducing reliance on imports, and supporting the rapidly growing demand for energy storage solutions in sectors such as electric mobility, renewable energy, and industrial applications.
Through the bidding process, the government seeks to encourage investment in large-scale battery manufacturing and promote innovation across the energy storage value chain. The proposed facilities are expected to boost production capacity, generate employment opportunities, and support the development of related industries.
ACC batteries are a key component in the transition towards cleaner transportation and sustainable energy systems. Building domestic manufacturing capabilities in this sector will help India strengthen its position in the global clean technology landscape.
The initiative is part of the government’s broader efforts to promote self-reliance in strategic technologies, accelerate the adoption of electric vehicles, and create a future-ready energy ecosystem.
The development of giga-scale battery manufacturing facilities is expected to provide fresh momentum to India’s green growth ambitions while opening new opportunities for industry and innovation.
15, Jul 2026
Gill’s Brilliant Knock and Axar-Sundar Partnership Power India to ODI Victory Over England
July 15: India opened the ODI series against England with a convincing victory, riding on a superb batting display and a calm, match-defining partnership between Shubman Gill, Axar Patel, and Washington Sundar.
Gill played a crucial innings under pressure, showcasing his class and consistency to help India chase down the target successfully. His latest match-winning performance has further strengthened his bid for the top position in the ODI batting rankings.
A key moment in India’s victory was the valuable partnership between Axar Patel and Washington Sundar, who kept the scoreboard moving with smart shot selection and excellent running between the wickets. Axar revealed that their focus throughout the partnership was simple — to keep rotating the strike and build the innings patiently.
“We kept talking about rotating strike,” Axar said, underlining the importance of staying calm and maintaining momentum during challenging phases of the match.
India’s bowlers also played their part with disciplined spells, putting pressure on England’s batting lineup and helping set up a strong platform for the win.
The victory gives India a positive start to the ODI series and highlights the team’s growing confidence, depth, and ability to deliver under pressure.
With Gill’s outstanding form and valuable contributions from the supporting players, India will aim to carry the winning momentum into the next matches of the series.
15, Jul 2026
Regency Fincorp Board Approves Issuance of INR 40 Crore Secured NCDs to Strengthen Capital Base
Zirakpur, 15th July: Regency Fincorp Limited, a leading NBFC focused on providing accessible and customer-centric financial solutions, today announced that its Board of Directors, at a meeting held on July 14, 2026, approved the issuance of Secured, Rated, Listed, Non-Convertible Debentures (NCDs) aggregating up to ₹40 crore on a private placement basis. The proposed issuance will further strengthen the Company’s capital base and support its ongoing focus on secured lending and portfolio growth.
Commenting on the board’s approval, Mr. Gaurav Kumar, Managing Director, Regency Fincorp Limited, said: “This approval marks another step in strengthening our capital base as we continue to scale our secured lending franchise. Raising funds through a rated, secured NCD structure reflects the confidence our lenders place in Regency Fincorp’s governance and credit discipline. As India’s NBFC sector continues to evolve, we remain focused on building a diversified funding profile that supports sustainable, long-term growth while staying true to our core mission of expanding access to credit for MSMEs and underserved borrowers.”
Key Appointments for the Issuance
To facilitate the NCD issuance, the Board approved the appointment of Catalyst Trusteeship Limited as Debenture Trustee, Credora Partners Private Limited as Merchant Banker, and Infomerics Valuation and Rating Limited as Credit Rating Agency.
15, Jul 2026
The White One Production Enters the Entertainment Industry with a Focus on Artist Management and Creative Productions
The launch soirée in Gurugram brought together artists, industry leaders, creators and entertainment professionals to celebrate the company’s vision for the future of India’s creative ecosystem
(L-R) Shekhar Sharma (Co-Founder, The White One Production) with Saurabh Singh Parihar (Founder, The White One Production)
Gurugram, July 15: The White One Production successfully celebrated its official launch with an exclusive evening of music, networking and entertainment at Club Diego, Gurugram. The event marked the beginning of the company’s journey as an integrated platform for artist management, music production, video production, branded content and live entertainment. The launch brought together a vibrant mix of artists, creators, entertainment professionals, brand partners, influencers and industry stakeholders, who gathered to celebrate the company’s vision of creating meaningful opportunities for emerging talent while delivering world-class creative and entertainment experiences. The evening featured immersive performances, curated entertainment, premium hospitality and engaging conversations that reflected The White One Production’s commitment to building a collaborative ecosystem where artists, brands and audiences come together through creativity and innovation.
Designed as more than just a launch celebration, the event showcased the company’s integrated approach to entertainment—combining artist development, music and video production, live experiences and strategic collaborations under one unified platform. The White One Production represents an exciting roster of Indian and international electronic music artists, including internationally acclaimed names such as Ege Sağlam and Lila Kova, alongside Indian talents Freqisht, Voystra, SubKNTKT, MASKERA and ENJEY. The company aims to nurture artists by providing strategic management, bookings, brand collaborations and creative production that enables sustainable career growth. Further strengthening its offering, The White One Production has partnered with BestEve to establish The White One × BestEve Events, delivering premium concerts, club shows, festivals, corporate events, luxury weddings and brand activations through world-class production and seamless event execution.
Reflecting on the successful launch, Saurabh Singh Parihar, Founder, The White One Production, said: “The launch evening was a reflection of everything The White One Production stands for—bringing together artists, creators and industry partners under one roof to celebrate collaboration and creativity. We are grateful for the overwhelming support and excited to begin this journey of creating meaningful opportunities for talent while producing experiences that leave a lasting impact.”
Shekhar Sharma, Co-Founder, The White One Production, added: “The response to our launch has been incredibly encouraging. It reinforces our belief that the industry is ready for an integrated platform that combines artist management, music and video production, creative storytelling and premium live entertainment. This is only the first step, and we look forward to building a strong community around music, culture and innovation.”
With its official launch now complete, The White One Production is set to expand its portfolio across artist management, original music and video production, branded content, live entertainment and experiential events, while building long-term collaborations with artists, brands and creative partners across India and internationally.
15, Jul 2026
From Growth to Global Leadership: India’s Electronics Sector Powers Ahead
July 15: India’s electronics manufacturing sector has achieved a significant milestone, recording a seven-fold increase in production over the past decade and generating around 25 lakh employment opportunities, according to the Ministry of Electronics and Information Technology (MeitY).
The remarkable growth reflects India’s rising strength in the global electronics ecosystem, supported by policy initiatives, increased investments, improved manufacturing capabilities, and a growing domestic market.
The expansion of the sector has created new opportunities across various segments, including electronics manufacturing, component development, supply chains, and technology-driven services. It has also strengthened India’s position as an attractive destination for global companies looking to diversify their production networks.
MeitY highlighted that government initiatives focused on boosting domestic manufacturing, promoting innovation, encouraging investment, and developing skilled manpower have played a crucial role in accelerating the sector’s growth.
The growth of electronics production has provided employment opportunities for millions while contributing to India’s broader vision of building a self-reliant and globally competitive technology ecosystem.
As demand for electronic products continues to rise, the sector is expected to remain a key contributor to economic growth, technological advancement, and job creation.
India’s electronics manufacturing journey marks a major step towards establishing the country as a leading global hub for innovation, production, and digital transformation.
