30, Sep 2025
WeWork India Management Limited’s initial public offering to open on Friday, October 03, 2025
Chandigarh, September 30, 2025: WeWork India Management Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹10 each (“Equity Shares”) on Friday, October 03, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Wednesday, October 01, 2025. The Bid/ Offer Closing Date is Tuesday, October 07, 2025.
The Price Band of the Offer has been fixed from ₹ 615 per Equity Share of face value ₹10 each to ₹ 648 per Equity Share of face value ₹10 each. Bids can be made for a minimum of 23 Equity Shares of face value ₹10 each and multiples of 23 Equity Shares of face value ₹10 each thereafter.
The company’s initial public offering comprises an Offer for Sale (“OFS”) of equity shares of up to 46,296,296 equity shares. The offer for sale comprises up to 35,402,790 equity shares by Embassy Buildcon LLP (“Promoter Selling Shareholder”), and up to 10,893,506 equity shares by 1 Ariel Way Tenant Limited (“Investor Selling Shareholder”).
The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in compliance with Regulation 6(2) of the SEBI ICDR Regulations, wherein at least 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company in consultation with the Book Running Lead Managers, may allocate up to 60% of the QIB Portion to Anchor Investors, on a discretionary basis (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares are allocated to Anchor Investors. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (excluding the Anchor Investor Portion) (“Net QIB Portion”). Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIB. If at least 75% of the Offer cannot be Allotted to QIBs, then the entire application money will be refunded forthwith. Further, not more than 15% of the Net Offer shall be available for allocation to non-institutional investors (“Non-Institutional Investors” or “NIIs”) (the “Non-Institutional Portion”) of which one-third of the Non-Institutional Portion shall be available for allocation to Bidders with an application size of more than ₹200,000 and up to ₹1,000,000 and two-thirds of the Non-Institutional Portion shall be available for allocation to Bidders with an application size of more than ₹1,000,000 and under-subscription in either of these two sub-categories of Non-Institutional Portion may be allocated to Bidders in the other sub-category of Non-Institutional Portion in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. The allocation to each Non-Institutional Investor shall not be less than the minimum application size, subject to availability of Equity Shares in the Non-Institutional Portion and the remaining available Equity Shares, if any, shall be allocated on a proportionate basis in accordance with the conditions specified in this regard in Schedule XIII of the SEBI ICDR Regulations.
Further, not more than 10% of the Net Offer shall be available for allocation to retail individual investors (“Retail Individual Investors” or “RIIs”) (the “Retail Portion”) in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.
Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids being received from them at or above the Offer Price (net of Employee Discount, if any, as applicable). All Bidders (other than Anchor Investors) shall mandatorily participate in this Offer through the Application Supported by Block Amount (“ASBA”) process and shall provide details of their respective bank account (including UPI ID for UPI Bidders) in which the Bid Amount will be blocked by the SCSBs or the Sponsor Bank(s), as the case may be, to the extent of their respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process.
The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE“) and the National Stock Exchange of India Limited (“NSE”) (BSE and NSE together, the “Stock Exchanges”).
JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited are the Book Running Lead Managers (“BRLMs”) to the issue.
All capitalised terms not defined herein would have the same meaning as attributed to them in the RHP.
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- By Neel Achary
29, Sep 2025
Hiranandani Launches India’s Largest Integrated Township in Alibaug
Hiranandani Launches India’s Largest Integrated township in Alibaug with an Estimated Topline of INR 17,000 Crore
Mumbai, Maharashtra, India,September 29, 2025: Dr Niranjan Hiranandani led Hiranandani Communities, a leading developer of global community townships, today announced the launch of India’s largest coastal destination township named as ‘Hiranandani Sands’ with an estimated revenue projection of INR 17,000 crore at Alibaug near Mumbai in Maharashtra.
Spanning 225 acres, the township is envisioned as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments designed to cater to the affluent buyers globally. It will be Alibaug’s first private township, offering residents a personal beachfront and private jetty access to offer luxury living experience.
The township will include a curated portfolio of five hotels across luxury, business, and leisure segments, delivering a world-class hospitality experience. Additionally, a mega convention centre, an eco-wellness hub, a thriving wedding destination, beachside entertainment, and a global-style yacht club will collectively elevate the coastal living experience. The company will commence one of the biggest water sports hubs at Alibaug by year end. Designed with a sustainability-first approach, Hiranandani Sands township features 27 acres of reserve forest with more than 7,000 trees afforested and enjoys proximity to 100 acres of natural wetlands.
“Hiranandani Sands is envisioned as a catalyst for Alibaug’s real estate transformation, supported by improving last-mile connectivity and year-round access via sea, road, rail, and air. Upcoming mega infrastructure projects will further strengthen links from Mumbai, MMR, and Navi Mumbai, positioning Alibaug as tomorrow’s preferred first-home destination. With rising demand for luxury homes, the township will appeal to domestic and NRI investors, HNIs, and UHNIs seeking premium coastal living, further supported by Integrated Township Project (ITP) incentives such as a 50% stamp duty concession,” said Dr. Niranjan Hiranandani, Founder & Managing Director, Hiranandani Communities.
The first phase of the township spans 3.3 lakh sq. ft., comprising three residential towers with 330 units, all of which were sold out at launch. Configurations include Studio, 1, 2, and 3 BHK apartments, priced from INR 80 lakh for studios to INR 2.85 crore for premium 3 BHK residences with sea and hill views. This RERA-approved development recorded strong gross sales topline of Rs 450 crs at launch, reaffirming Alibaug’s growing appeal as a prime coastal real estate destination.
The Government of Maharashtra’s focus on enhancing connectivity to Alibaug is laying a strong foundation for its transformation into a sustainable tourism and lifestyle-led real estate hub. Key projects include the extension of the Ro-Ro ferry from Mumbai’s Ferry Wharf to Revdanda, the proposed Radio Club Jetty at Colaba, the Karanje–Rewas Sea Bridge, the Virar–Alibaug Multimodal Corridor, along with Atal Setu and the Navi Mumbai International Airport. These upgrades are expected to significantly increase footfalls and investments, firmly positioning Alibaug as a major growth corridor across the Mumbai harbour.
29, Sep 2025
Blue Cloud Softech Chairpersons Win Global AI Excellence Award at House of Lords
Hyderabad, Telangana, 29th September, 2025: Blue Cloud Softech Solutions Limited (BSE: 539607), a fast growing AI & Cybersecurity Indian company focused on delivering innovative IT and IT-enabled services across global markets, with a strong foundation in cloud computing, artificial intelligence, data analytics, cybersecurity, and enterprise solutions, proud to announce that its Group Chairman, Mr. Tejesh Kumar Kodali and Chairman Mrs. Janaki Yarlagadda, has been conferred with the prestigious Global AI Excellence Award at the Viksit Bharat Investment Summit 2025, hosted by the Indo-European Business Forum (IEBF) at the historic House of Lords, London.
The award recognizes their visionary leadership and transformative contributions to the field of artificial intelligence. Under their guidance, Blue Cloud Softech Solutions has emerged as a global leader in AI-driven innovation, delivering intelligent technology solutions that are reshaping industries and driving sustainable growth.
“This recognition is a testament to our team’s relentless pursuit of excellence in AI and emerging technologies,” said Mr. Tejesh Kumar Kodali. “At Blue Cloud Softech Solutions, we remain committed to building solutions that empower businesses and contribute to a smarter, more sustainable future.”
The summit convened global leaders, policymakers, investors, and entrepreneurs to foster economic collaboration between India, the United Kingdom, Europe, and other international regions. Distinguished dignitaries included Hon’ble Chief Minister of Himachal Pradesh Shri Sukhvinder Singh Sukhu, Lord David Evans, Ministers Kanishka Narayan and Seema Malhotra, Virender Sharma ji, His Excellency Samuel Mahama from Ghana, Dr. Rohitga (Sri Lanka’s former Foreign Minister and High Commissioner), and other eminent personalities from the USA, Dubai, Hong Kong, Africa, and Europe.
IEBF Founder Mr. Vijay Goel emphasized the importance of mutual collaboration between India, the UK, and Europe across critical sectors such as renewable energy, information technology, defense, and education.
Other Eminent Awardees Honored at the Summit:
Shri Sukhvinder Singh Sukhu, Chief Minister of Himachal Pradesh – Leadership and Governance Award for his visionary policies and transformative governance in Himachal Pradesh.
Mr. Subodh Kumar Gupta – Innovation in Diagnostic Devices for pioneering advancements in medical technology.
Ms. Niharika Handa – Businesswoman of the Year for her outstanding achievements in entrepreneurship and leadership.
Dr. Neerja Birla – Global Changemaker Award for Social Impact for her exceptional contributions to mental health and social welfare.
Mr. Sandip Sali – Green Entrepreneur of the Year (UK) for his commitment to sustainable business practices and environmental innovation.
This collective recognition underscores the spirit of innovation, leadership, and global collaboration that defines the Viksit Bharat Investment Summit. It further reinforces Blue Cloud Softech Solutions’ mission to deliver cutting-edge AI solutions and strengthen its position as a trusted technology partner on the global stage.
29, Sep 2025
Indian Entrepreneurs Outspend Global Peers on Luxury and Global Mobility
Indian entrepreneurs outpace their global counterparts on spends on luxury lifestyles and international mobility HSBC report reveal
Mumbai, 29th september 2025:Rich entrepreneurs in India are spending their wealth on luxury lifestyle as their optimism and global outlook help them expand their horizons across borders, according to research from HSBC Private Bank.
The HSBC’s Global Entrepreneurial Wealth Report 2025 reveals that allocations toward real estate for personal use (64 per cent), health and wellness (61 per cent), and luxury experiences (59 per cent) are significantly higher among entrepreneurs in India compared to their global counterparts.
The report reveals that entrepreneurs in India are overwhelmingly positive about their personal wealth outlook, with 95 per cent predicting their wealth will grow over the next few years. Among them, 56 per cent believe their wealth will improve significantly, while 39% expect moderate growth. This optimism is particularly pronounced in markets such as the UK, UAE, India, and Singapore. Key drivers of this optimism in India are opportunities for new investments and ventures (64 per cent), positive performance of investment portfolios (56 per cent), favorable economic outlook for the local economy (54%) and positive business performance (43 per cent).
When it comes to business outlook, entrepreneurs in India exhibit significant confidence with 98% expressing positivity. They believe technological advancements and business opportunities will be key drivers of growth.
Global mobility
Entrepreneurs in India have a particularly global outlook, with 73 per cent holding multi-residency status—significantly higher than the global average of 56 per cent. The vast majority are open to relocating abroad, with the UK and US emerging as the top destinations, followed by Switzerland, UAE, and Singapore.
Among those entrepreneurs looking to make a personal move, the primary motivations for cross border movements include better quality of life for themselves and their families (78%); access to new
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investment opportunities (75 per cent); and expansion of business into new markets (71 per cent). The UK is the most popular destination for Indian entrepreneurs looking to move wealth, followed by Singapore, the US, Switzerland, and the UAE.
Investment portfolio
The report shows how wealthy entrepreneursin India have diverse investment portfolios, with a strong focus on life insurance (73 per cent); property investments, including commercial real estate (58 per cent); publicly-traded stocks (53 per cent) and private assets (51 per cent). Additionally, 42 per cent of respondents prioritize charitable donations, reflecting a commitment to giving back to society.
Challenges in mobility
Despite their optimism, Indian entrepreneurs face challenges in managing their global operations and wealth. Key concerns include complexities in managing existing business operations from abroad (50 per cent); visa and residency requirements (49 per cent); and challenges in purchasing property in new locations (48 per cent). Succession planning also remains a critical area, with 64 per cent expressing concerns about structuring business transfers effectively.
Commenting on the research findings, Sandeep Batra, Head of International Wealth and Premier Banking, HSBC India, said, “Indian entrepreneurs are redefining the global playbook with their optimism, ambition, and growth mindset. Their investments in luxury lifestyles, global mobility, and diversified portfolios signal not just confidence in their wealth trajectory but also their readiness to capitalize on the next wave of global opportunities and deepening international wealth corridors as globalisation enters a new phase.”
29, Sep 2025
ASUS Highlights Innovation for Government and Education Sectors at Riyadh Showcase
Riyadh, Saudi Arabia,September 29, 2025: In a strategic move to support Saudi Arabia’s rapidly evolving digital landscape, ASUS, in collaboration with its local partner AlFalak Electronic Equipment and Supplies Co., hosted its ‘Powering the Future’ event on September 15 at the Narcissus Hotel, Riyadh. The event brought together stakeholders from the government, education, healthcare, and technology sectors to experience ASUS’s latest commercial innovations designed for a smarter, more sustainable future.
Addressing the gathering, Tolga Özdil, Regional Commercial Director, META at ASUS, said:“Digital innovation initiatives affect every institution in Saudi Arabia as the country enters a transformative era, where technology is at the very foundation. At ASUS, it is our mission to offer innovative, reliable, and sustainable solutions that empower users across education, business, and government. Saudi Arabia is a key market in our regional and global strategy, and we are committed to long-term partnerships aligned with the Kingdom’s vision of building a digitally empowered economy.”
Showcasing the AI-Ready Commercial Portfolio
The event featured a presentation by Mohamed Elhosseiny, Commercial Sales Lead at ASUS, who introduced the brand’s robust portfolio of AI-powered, productivity-driven devices. Key highlights included:
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ASUS ExpertBook P5405 and B5405CCA Copilot PCs: Built to support on-device AI tasks for smarter performance.
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ExpertBook B9 OLED (B9406): The world’s lightest 14-inch OLED business laptop, delivering premium performance in a sleek form factor.
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ASUS Chromebooks: Tailored for the evolving needs of students and digital classrooms.
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All-in-One (AiO) PCs: Offering reliable performance, strong security features, and space-saving designs ideal for both education and government use.
Designed to meet the high demands of modern workplaces and public sector institutions, these devices offer extended battery life, fast connectivity, and on-device AI capabilities—making them ideal for today’s productivity-first environments.
Sustainability Aligned with Vision 2030
ASUS reaffirmed its commitment to sustainability by highlighting its roadmap toward carbon neutrality and net-zero emissions by 2050. This commitment includes the development of eco-friendly devices that support the goals of Saudi Vision 2030, particularly in building a resilient, environmentally conscious economy.
The Riyadh event follows similar successful showcases across the region, underscoring ASUS’s role as a technology leader delivering sector-specific, future-ready solutions tailored for the Middle East and Africa.
29, Sep 2025
Majority of Indians Face Cholesterol Imbalance, Raising Heart Risk: Redcliffe Labs Study
Over 80% Indians Show Lipid Derangements and Cholesterol Imbalance, Heightening Heart Risk, Reveals Redcliffe Labs’ Study
India, September 29, 2025: A comprehensive nationwide study by Redcliffe Labs, one of India’s fastest-growing diagnostic service providers, has uncovered deeply concerning trends in lipid, cardiac, and diabetes health markers across the country. Despite the rising burden of lifestyle-related diseases, preventive health checks remain underutilized, resulting in missed opportunities for early intervention.
The study analyzed over 7 million tests conducted between FY24 and FY25 and paints a troubling picture of India’s heart health:
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More than 40% of individuals showed signs of diabetes derangement, including abnormal HbA1c, fasting, or random glucose levels — significantly increasing their cardiovascular risk.
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These issues were more prevalent in men, making them especially vulnerable to sudden cardiac events.
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Lipid derangements (cholesterol and triglyceride imbalances), a key cause of heart disease, affected over 70% in 2024, and this rose to over 80% in 2025 — indicating a sharp year-on-year increase.
Dr. Prashant Nag, Chief Operating Medical Officer at Redcliffe Labs, commented:
“Unhealthy eating habits and sedentary lifestyles are a major culprit. Processed foods are easily accessible and widely consumed, leading to a dangerous cycle of high cholesterol, clogged arteries, and increased cardiac emergencies.”
Surprisingly, the health crisis is most pronounced in metro cities like Delhi, Mumbai, Bengaluru, Pune, Noida, Ahmedabad, Kolkata, Ghaziabad, Patna, and Lucknow — where awareness and access to healthcare are relatively higher, but unhealthy lifestyle patterns persist.
The study also revealed:
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A rise in cardiac risk marker derangements from 60% in 2024 to 65% in 2025, with women showing higher abnormalities.
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This suggests women may exhibit earlier signs of cardiac risk, offering a critical window for early intervention.
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Early onset of risk factors like high cholesterol and elevated blood sugar in young adults, including those under 20, especially in urban areas.
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Diseases once associated with middle or older age are now appearing in younger, working-age populations.
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Aditya Kandoi, CEO & Founder of Redcliffe Labs, said: “India cannot afford to sleepwalk into a cardiac epidemic. These aren’t just numbers — they’re indicators of a national health crisis. What’s even more concerning is that many people don’t get tested until it’s too late.”
To address this gap, Redcliffe Labs recently launched India’s Wake-Up Test, a bold initiative that offers a 100% refund if the test reports are 100% normal — encouraging healthy individuals to test without hesitation.
“If you’re healthy, you pay nothing — but if something is found, you gain the chance to act early,” Kandoi added.“Prevention is not an expense; it’s an investment in the nation’s future. We urge every Indian to prioritize regular health checks — for themselves, their families, and for a healthier India.”
29, Sep 2025
Most Enterprises See ROI from AI Investments, Finds Bounteous Study
India,September 29 2025: Bounteous, a leading digital transformation consultancy, today released findings from its global study “The AI Whitespace: Addressing Challenges to Unlock Potential”, highlighting how enterprises are adopting artificial intelligence and where significant gaps remain in unlocking enterprise-wide transformation.
The study draws insights from over 300 global decision-makers across marketing and technology functions at enterprises with revenues above USD 500 million. It reveals that AI adoption is universal, with 93% of companies reporting expected or better ROI from their AI investments. However, while organizations are seeing measurable returns, challenges around governance, knowledge gaps, and siloed adoption continue to hold back the full potential of AI.
Key findings from the study
- AI delivering ROI at scale: 93% of enterprises report that their AI initiatives are paying off as expected or better. Of this, 50% say returns are higher than expected. The study finds that AI is moving beyond experimentation and is already creating tangible value.
- Generative AI adoption widespread: While adoption of platforms from Google (70%) and Microsoft (69%) is unsurprising given existing enterprise agreements, two standout findings emerged: 73% of enterprises reported using OpenAI, and 35% have developed their own internal AI platforms. AI is now deeply embedded in enterprise operations. Importantly, 95% of respondents rated AI adoption as important or very important, with 65% of executives identifying AI as the top priority for the next 12 months.
- Marketing sees faster payoffs: 59% of marketing leaders reported higher-than-expected ROI, compared to 43% of IT leaders. Marketing teams finds AI easier to adopt and scale AI versus more complex IT-led AI deployments.
- Executive optimism vs. reality: Executives are twice as likely as non-executives to classify their organizations as “Expert” in AI maturity. The study highlights a disconnect between leadership perception and the day-to-day realities of employees using AI.
- Fragmented ownership: The study points out that AI responsibility is still siloed, with 46% placing ownership under the CIO/CTO and only 3% leveraging cross-functional taskforces or Centers of Excellence.
- Barriers to scaling AI: Legal compliance and risk, lack of general AI knowledge, and lack of trust were the top challenges cited. Respondents highlighted stronger governance, workforce enablement, and cross-functional collaboration as key measures to overcome these barriers.
- AI priorities today: Most organizations focus on embedded AI features (33%) and enabling workforce productivity (30%) as their priorities for short-term gains. For long-term, fewer companies are investing in engineered AI solutions (15%) and evolving holistic strategies (22%), leaving untapped whitespace for broader transformation.
Martin Young, Executive Vice President, Data & AI at Bounteous, said “The biggest AI breakthroughs are yet to be unlocked. Enterprises must treat AI as a long-term investment, balancing experimentation with governance, embedding innovation into the organizational fabric, and breaking down silos between teams. Those who delay risk falling behind, while those who commit now will be best positioned to capture sustainable, enterprise-wide transformation.”
AI Adoption Priorities across different sectors
The study analyzed AI adoption trends across seven major industry sectors – such as Financial Services, Technology, Marketing/Advertising, Telecommunications, Healthcare, Travel & Hospitality, and Retail/Consumer Dining; as well as among key leadership segments like C-suite executives and IT leaders.
Below are the findings from four major industries—Healthcare, Financial Services, Travel & Hospitality, and Retail/Consumer & Dining.
– Embedded AI Features
44% of travel and hospitality leaders are focusing on using AI tools that are already built into the software they own, followed by financial services at 39%, healthcare at 32%, and retail, consumer, and dining at 30%.
– Enabling Teams
34% of retail, consumer, and dining leaders are using AI to make staff more efficient, followed by healthcare at 32%, travel and hospitality at 31%, and financial services at 30%. The data suggests that consumer-facing industries are focusing more on empowering their workforce with AI to improve productivity.
– Preparing for AI Evolution
25% of retail, consumer, and dining leaders focus on planning for long-term AI strategies, well ahead of healthcare at 20%, financial services at 15%, and travel and hospitality at 14%. Retail leaders are placing greater emphasis on building AI roadmaps and preparing for future adoption compared to other sectors.
– Engineering New Tools and Products
Financial services (17%) and healthcare (16%) leaders are more focused on creating custom AI solutions tailored to their needs, while travel and hospitality and retail, consumer, and dining are at 11% each.
29, Sep 2025
PhonePe & Mastercard Team Up to Enable Contactless Smartphone Payments Across India
Tap, pay, and go: PhonePe and Mastercard collaborate to power contactless payments through smartphones for millions of Indians
India, 29 September 2025: As contactless payments through smartphones gain popularity among consumers, PhonePe and Mastercard have collaborated to launch an exclusive feature for Mastercard cardholders in India. The new feature enables Mastercard cardholders to make in-store payments by simply tapping their NFC-enabled smartphones at payment terminals using the PhonePe app.
The collaboration is designed to offer secure and frictionless Tap & Pay experiences at physical retail outlets, while also supporting tokenized e-commerce transactions—all through NFC-capable Android smartphones. Cardholders can simply save their Mastercard credit, debit, and prepaid cards issued in India on their smartphones and enjoy all the benefits of card-based payments.
By combining Mastercard’s global expertise in tokenization with PhonePe’s vast base of 618 million registered users, this launch expands access to digital payments both within India and internationally. It reinforces the shared commitment of both companies to strengthening the country’s rapidly growing digital economy.
Mastercard cardholders can now benefit from a suite of powerful features, including:
- Secure Tap & Pay in-store payments: Make contactless payments at NFC-enabled terminals across India and abroad using PhonePe app on Android smartphones, with device-specific tokenization for enhanced fraud protection.
- Safer online shopping: Shop securely with Mastercard cards via the PhonePe app, with each transaction tokenized and tied to your device, making stolen credentials useless elsewhere.
- Frictionless & reassuring experience: Save your card just once to enjoy a fast, secure checkout every time, backed by Mastercard’s global expertise in tokenization and PhonePe’s intuitive user experience.
Emphasizing the importance of continuous innovation, Deep Agrawal, Head of Payments at PhonePe, said, “We’re delighted to collaborate with Mastercard to bring device-based tokenization to millions of PhonePe users. With an increased penetration of NFC enabled smartphones coupled with growing consumer preference towards usage of Tap & Pay using their cards, this functionality marries the two seamlessly. This elevates both convenience and security for users, enabling contactless payments at physical stores and safer online transactions—all within the familiar PhonePe app. We view this association as yet another key step toward delivering a world-class payment experience to PhonePe users across India and when travelling abroad.”
Underlining the significance of this collaboration, Ravi Datla, Senior Vice President, Products & Solutions, South Asia, Mastercard, said, “Mastercard has always believed in scaling innovation. This collaboration with PhonePe marks a key step in broadening the reach of digital payments by expanding device-based tokenization, empowering Mastercard cardholders exclusively to Tap & Pay at merchant outlets, both within the country and abroad. India plays a pivotal role in setting the pace of digital commerce globally, and Mastercard is proud to support this momentum with solutions that make transactions smarter and safer.”
Users can securely add their credit and debit cards on the PhonePe app through a simple, one-time process. Once the card is tokenized and saved, they can make seamless payments by selecting the card and tapping their smartphone against any PoS machine and shop online.
The new feature will begin rolling out to Mastercard cardholders on the PhonePe app in a phased manner.
29, Sep 2025
Vedanta IOK Recognised by FIMI for ESG Best Practices
Karnataka, 29 September 2025: Vedanta Iron Ore Karnataka (IOK) has been awarded with the OMC Mining Happiness ESG Award 2024-’25 at the 59th AGM of Federation of Indian Mineral Industries (FIMI) awards 2025.
The award was presented by Shri. Satish Chandra Dubey, Hon’ble Minister of State for Coal and Mines, Government of India, at New Delhi & received on behalf of Sesa Goa by Mr Shrishaila Gouda, CEO, Vedanta IOK. This is the 2nd consecutive year in which the Company has been recognised at the prestigious forum.
On receiving the award, Shrishaila Gouda, CEO, Vedanta-Iron Ore Karnataka said, “We, at Vedanta IOK, are proud to have been recognized for our ESG best practices with the FIMI award for the 2nd consecutive year. The award exemplifies Vedanta IOK’s commitment to maintaining best-in-class sustainability and people practices, along with prioritising safety in our mining operations.”
The FIMI ESG award was presented on account of the industry leading best practices adopted by the mine, such as onboarding of EV tech for core mining operations, use of EV passenger vehicles, , deploying new generation equipment such as VOLVO FMX460 trucks to enhance operational efficiency, deploying Slope Stability Radars for monitoring the pit and dump slopes, and limiting & curbing use of plastic wherein the Company’s mines have recently been declared as a ‘Single-Use Plastic Free Unit’ by the Indian Register Quality Systems (IRQS).
Vedanta Sesa Goa-IOK has previously been awarded with the prestigious FIMI Abheraj Baldota Environment Award 2023-’24 for environment protection and management
29, Sep 2025
Honda Promotes Road Safety in Vijayapura, Karnataka
Instilling safer road habits: Honda Motorcycle & Scooter India brings road safety awareness to Vijayapura, Karnataka
Vijayapura, 29th September 2025: Honda Motorcycle & Scooter India (HMSI) has taken its road safety awareness campaign to Vijayapura, engaging students from St. Joseph’s School and Chinmayi English Medium School. With participation from over 2300 students, the initiative aimed at strengthening the culture of responsible road use through structured training and interactive learning.
The programme emphasized the importance of early education in shaping future riders and citizens. Students were introduced to practical aspects of road safety including correct helmet usage, adherence to traffic signals, pedestrian discipline and anticipation of risk in real-world situations. HMSI encouraged participants to view safety not as a regulation but a life practice that protects individuals and communities alike.
Through such campaigns, HMSI is working to address one of the pressing needs of commuting- instilling a mindset of responsibility on the road among the youth. The objective goes beyond awareness; it is about nurturing long-term behavioral change where informed choices become routine. By engaging schools and colleges, HMSI ensures that young voices carry the message further into homes and communities, creating a multiplier effect that extends well beyond the immediate participants.
Vijayapura’s engagement is a part of HMSI’s broader effort to integrate road safety education into society at multiple levels. Each activity adds strength to HMSI’s ongoing efforts to make safety education accessible, relatable and impactful, to shape a generation that places responsibility at the centre of mobility. Such ongoing initiatives serve as a reminder that thoughtful actions on the road go beyond self-protection and contribute to the safety of everyone around them.
Honda Motorcycle & Scooter India’s CSR commitment towards Road Safety:
In 2021, Honda announced its global vision statement for the year 2050 where it will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles. In India HMSI is working in line with this vision and the Government of India direction of reducing fatalities to half by 2030.
One critical aspect of achieving this goal is developing a positive mindset towards road safety in our children by the year 2030 and continuing to educate them thereafter. Road safety education at schools and colleges is not only to create awareness but to introduce a safety culture in young minds and transform them to be the road safety ambassadors. It empowers future generations to become responsible and significantly contribute to a safer society.
HMSI wants to be a company that Society wants to exist and is strongly focusing on spreading Road safety awareness to all sections of society with unique ideas catering to each segment from school kids to corporates and society at large.
HMSI’s set of skilled safety instructors conduct daily programs at our 10 adopted traffic training parks (TTP) across India and 6 Safety Driving Education Centers (SDEC) to make road safety education accessible to every part of society, and the initiative has already reached over 10 million Indians. HMSI’s National Road Safety Awareness program made learning fun yet scientific through:
SCIENTIFICALLY DEVISED LEARNING MODULE: Honda’s skilled instructors set the foundation with theory sessions on road signs & markings, driver’s duties on road, riding gear & posture explanation and safe riding etiquettes.
- PRACTICAL LEARNING: A special training activity on Honda’s virtual riding simulator was executed for all to experience over 100 possible dangers on road before actual riding.
- INTERACTIVE SESSION: Participants were given danger prediction training known as Kiken Yosoku Training (KYT) which helps in enhancing rider/driver’s sensitivity to danger and ensures safe driving behaviour on roads.
- EXISTING DRIVERS HONING RIDING SKILLS: Students & school staff members who are already existing riders tested & honed their riding skills through slow riding activities and riding on narrow planks.
HMSI also recently launched its innovative digital road safety learning platform, E-Gurukul, this
E-Gurukul platform offers training modules tailored for three specific age groups from 5 years till 18 years ensuring a comprehensive approach towards road safety. Currently the modules are available in multiple languages like Kannada, Malayalam, Hindi, Telugu, Tamil, and English—to ensure inclusivity and regional relevance and E-Gurukul can be accessed at egurukul.honda.hmsi.in. The platform supports live streaming or downloading, and multilingual modules to ensure accessibility across diverse regions. The launch of E-Gurukul is part of HMSI’s ongoing efforts to empower children, educators, and dealers to champion safe road practices. The initiative will expand to cover schools in every state, promoting road safety education tailored to different age groups.
