Scaler School of Technology Reports 96.3% Internship Placement for First Batch, Backed by Strong Industry and Global Participation

Bangalore, 28th May 2025 – Scaler School of Technology (SST), India’s premier destination for computer science education has reported a 96.3% internship placement rate for its first batch (2023-27), according to its first Internship Placement Report, audited by B2K Analytics – the same firm that audits the placement report of prestigious institutes like IIM Ahmedabad, XLRI, MDI Gurgaon, and other premier management institutes. With the process still underway, students have already secured roles across 96 organisations, ranging from high-growth startups to global technology firms, with a few more offers in the pipeline.

 Companies offering internships include Zomato, Swiggy, 1MG, and international names such as Stash Away and Neurowyzer (Singapore), Apple Developer Academy (Indonesia), and Digital Product School (Germany). A total of 232 internship offers have been extended so far, with 36% of students even receiving multiple offers, signalling strong employer interest across in SST’s 2nd year students. The highest monthly stipend offered was INR 2,00,070 (converted to INR from SGD), while the average stipend stood at INR 31,264. Moreover, students in the top 10% secured an average monthly stipend of INR 92,000, reflecting robust demand for high-performing, job-ready talent.

A distinctive outcome of this placement cycle is that nearly 50% of students came in without a prior computer science background. These results are particularly noteworthy as they represent second-year students in a 4-year program – a rarity in Indian undergraduate education where most placements typically occur in the final year. Their successful internship conversions across diverse industries and geographies reflect the effectiveness of Scaler School of Technology’s applied learning approach and deep alignment with current industry requirements.

Anshuman Singh, Co-founder and Dean at Scaler School of Technology said, “Internships or industry exposure are no longer an optional good-to-have. They are a necessity to bridge the gap between education and employment. This year’s results reflect a growing industry need for talent that’s not just academically trained but truly execution-ready. The strong industry response, including participation from global companies, reinforces our belief that when education is closely aligned with real-world expectations, it opens meaningful opportunities early in a student’s journey.

 Our goal: in the next five years, we intend to establish SST among the world’s top undergraduate institutions for career outcomes – be it placements, entrepreneurship, or global postgraduate admits. We’re deeply grateful to our ecosystem of mentors, recruiters, parents, and above all, our pioneering students for making this possible.”

The internship program is a key feature of SST’s 4-year undergraduate programme in Computer Science and AI, which includes a one-year industry immersion. This extended structure is designed to provide students with hands-on experience well before they graduate, aiming to make them workforce-ready from day one.

As industry exposure or internships become a critical barometer of future employability in the tech sector, the report offers a snapshot of how new-age institutions are closing long-standing skill gaps through redesigned models of education and mentorship with first principles and razor-sharp execution .

Tata Elxsi Presents Battery Aadhaar Powered by MOBIUS+ at Battery Summit 2025

Mumbai, India, May 28, 2025: Tata Elxsi, a global leader in product engineering and innovation, showcased the technology demonstrator of Battery Aadhaar at the Battery Summit 2025, organised by the World Resources Institute (WRI) India. This demonstration formed part of a consortium-led initiative aligned with India’s ambitions for sustainable mobility and circular energy systems. The initiative was supported under the UNEP-led programme ‘Electrifying Mobility in Cities’, coordinated by NITI Aayog and the Department of Science & Technology, Government of India.

 Tata Elxsi, along with leading consortium partners—including Tata Motors, Tata AutoComp Systems (TACO), IIT Kharagpur, WRI, LOHUM Cleantech, NUNAM Technologies, and Oorja Energy—presented the Battery Aadhaar concept to Hon’ble Minister Dr. Jitendra Singh, Minister of State (Independent Charge) of the Ministry of Science and Technology and key government stakeholders as an end-to-end Indian battery ecosystem enabler.

 Battery Aadhaar represents a national effort to provide batteries with secure, digital identities, enabling traceability, regulatory alignment, and lifecycle transparency—from raw material sourcing to second-life usage and recycling. By capturing key lifecycle data such as manufacturer identity, usage history, and material composition, Battery Aadhaar helps prevent unsafe reuse, non-compliance, and environmental risk.

 Built on Tata Elxsi’s MOBIUS+ platform, the solution integrates blockchain-backed traceability, dynamic data flows, and automated compliance reporting. Through MOBIUS+, Tata Elxsi is enabling the foundation for a trusted, digital, and transparent battery ecosystem in India.

 The demonstration included:
• Creation of Battery Aadhaar and Digital Product Passport (DPP)
• Chain of custody and lifecycle mapping
• Public and private data access views
• Role-based dashboards for OEMs, battery manufacturers, recyclers, and regulators
• Real-time analytics including battery health prediction and residual useful life estimation

 The platform has been designed to align with evolving Indian regulatory initiatives and is architected to adapt to international frameworks including the EU Battery Regulation, emerging Japanese and North American standards, and future global battery passport specifications.

 Anil Radhakrishnan, Chief Product Officer, Tata Elxsi, said: “MOBIUS+ is designed to accelerate the transition to a cleaner mobility future by enabling digital transparency, traceability, and compliance through initiatives like Battery Aadhaar. Our goal is to empower stakeholders across the ecosystem with scalable, future-ready solutions that support India’s green growth ambitions.”

 The MOBIUS+ platform offers an AI Copilot layer for assisted interpretation of regulations, data quality checks, and automated reporting. Its modularity enables seamless onboarding of ecosystem participants, while blockchain capabilities ensure verifiable, tamper-proof audit trails.

 Delegates at the Battery Summit, experienced a live demonstration, including QR-code based access to real-time battery data views—offering a tangible glimpse into the future of policy-aligned digital battery infrastructure and innovation.

CaratLane launches ‘Runway’: a first-ever fine jewellery tribute to women in aviation

28th May 2025, Mumbai: CaratLane – A TATA Product, has recently unveiled a ground-breaking new jewellery collection — Runway, celebrating the spirit, ambition, and elegance of women in aviation. With this launch, CaratLane becomes the first Indian jewellery brand to ever pay tribute to the trailblazing women of the skies.

The campaign film brings to life the stories of a commercial pilot, a cabin crew professional, and a fighter pilot, all of whom found their unique ways to express their love for flying through this exquisite collection. In a world-first moment for the category, the Runway collection soars above convention, featuring a stunning line-up of 20+ designs crafted in 9KT & 14KT gold and diamonds. Some of the designs have mobile aircraft motifs that move with grace. Each design narrates a story of flight, courage, and sky-high dreams, through fine jewellery.

CaratLane hosted an exclusive collection preview event with full grandeur at the signature store in Bandra, Mumbai, where real-life cabin crew were invited for a first look. The event was graced by the presence of Gul Panag—actress, politician, and adventure enthusiast—who is also a licensed private pilot.

Saumen Bhoumik, MD – CaratLane, said, “Aviation in India is one of the fastest-growing industries globally, and we proudly have the highest share of lady pilots. Right from the days of a single national carrier, Air India, aircrew members have been icons of style and symbols of a rising, modern India. This thoughtfully designed collection is our tribute to the brave women who make our skies safer, better, and smarter every single day.”

Gul Panag remarked, “This collection speaks straight to my heart. Aviation gave me wings, and now there’s jewellery that celebrates that feeling in such a stylish and everlasting way. It is definitely a must-have for aviation enthusiasts. There’s only one thing better than flying, and it’s flying in style!”

Pioneer Expands R&D in Bengaluru, Inaugurated Center for Advanced Automotive and Mobility Technology Development

Bengaluru, India, 28th May, 2025 — Pioneer India, a subsidiary of Pioneer Corporation, a global leader in automotive electronics and mobility solutions, inaugurated its new Research & Development (R&D) Center in Bengaluru, India.

This milestone follows the company’s 2023 announcement to establish an R&D presence in Bengaluru . The new facility reinforces Pioneer’s strategic vision to expand its innovation capabilities and strengthen its global product development footprint.

The Bengaluru R&D center is designed to drive innovation across a comprehensive range of automotive and mobility technologies addressing the growing demand for smart, safe, and affordable mobility across developing and urban markets. The center will work closely with Pioneer’s global network of R&D and engineering centers, focusing on the following areas:
• Automotive Vision & Sensing Technologies (dash cams, digital mirrors, 360° vision amongst other camera systems)
• Advanced Driver Assistance Systems (ADAS)
• Digital Cockpit & Human-Machine Interfaces (HMI)
• Cloud-Connected Infotainment & Telematics
• AI & Mobility Data Platforms
• Connected Solutions for Two-Wheelers (navigation displays, safety alerts, mobile integration, SOS features)

The center will serve OEM, aftermarket, and B2B segments—including fleet operators and insurance providers—while also addressing the specific needs of Indian automotive manufacturers through faster development cycles and region-specific solutions.

“The launch of our Bengaluru R&D center represents a critical step in our global growth strategy,” said Shiro Yahara, President and CEO, Pioneer Corporation. “India’s deep talent pool and dynamic mobility ecosystem make it an ideal base to drive innovation across vision, connectivity, and intelligent systems for vehicles of all kinds.”

“We are building a world-class R&D team in India to lead the development of future mobility solutions,” said Siva Subramanian, PhD, CEO, Pioneer Mobility AI & Connectivity Company (MAC). “From next-gen camera systems and digital cockpits to two-wheeler connectivity and cloud-based platforms, this center will help shape products for both local and global markets.”

Joining the overseas executive members on the occasion, Aniket Kulkarni, Managing Director – Pioneer India, and Manish Bhasin, Vice President – R&D, Pioneer India, expressed their strong commitment to supporting Indian automotive manufacturers with integrated hardware and software solutions, aligned with the organization’s mission of advancing mobility experiences.

The state-of-the-art facility houses specialized labs for camera testing, embedded systems, electronics, and software validation. It also features collaborative spaces to foster agile and cross-functional product development.

 As part of its expansion strategy, Pioneer is actively hiring across a wide range of engineering disciplines in India, including talent in embedded software, computer vision, cloud connectivity, mobile integration, and AI. The company plans to significantly scale its R&D workforce in India in the coming months.

This expansion reflects Pioneer’s group vision, “Creating the Future of Mobility Experiences” while focusing on Sound, Safety, Security, Comfort, and Convenience.

Pioneer India Electronics Pvt. Ltd., a subsidiary of Japan’s Pioneer Corporation, is a leading brand in car entertainment and mobility solutions. Since inception in 2008, it has offered a wide range of in-car products including stereos, speakers, subwoofers, dash cameras, and accessories tailored for Indian consumers.

With Pioneer’s Group vision, ” Creating the Future of Mobility Experiences” Pioneer India is strengthening its local footprint through R&D centers in Gurugram and Bengaluru and plans to begin in-car product manufacturing in India in 2026. This strategic move will establish a full value chain—R&D, manufacturing, and support—within the country, reinforcing its commitment to innovation and customer satisfaction.

Purabi Ice Cream scales up distribution across Assam amid soaring summer demand

Guwahati, May 28, 2025: Just a year after its launch, Purabi Ice Cream is making a mark of its own. As temperatures soar, the brand is now expanding its footprint statewide, aiming to become the go-to frozen treat for summer.

Purabi, a brand of the West Assam Milk Producers’ Cooperative Union Ltd. (WAMUL), entered the market with six flavors of ice cream: Vanilla, Strawberry, Kesar, Pista, Chocolate, Mango, and Fruit n Nut – and quickly won over ice-cream lovers across the state. Unlike many commercial brands that sell frozen desserts under the guise of ice cream, Purabi takes pride in being an authentic dairy-based ice cream, made from pure milk sourced from Assam’s farmers.

At the product’s unveiling last year, Assam Chief Minister Dr Himanta Biswa Sarma had highlighted its superior quality and taste, crediting the farmers of Assam for providing the fresh, high-quality milk that sets Purabi apart.

North East Dairy and Foods Limited (NEDFL), a joint venture between Govt of Assam and National Dairy Development Board (NDDB) is marketing Purabi Ice Cream. Now, with summer heat beating down, NEDFL has already strengthened its distribution network. This season, the ice cream and flavoured milk, which was launched in September 2024, are being made widely available across the state, making it easier for consumers to enjoy a truly local, farm-fresh treat.

“We are extremely pleased with the response to our new products – both ice cream and flavoured milk. Last year, we launched ice cream just before the summer season, though its distribution was primarily limited to Guwahati. Similarly, flavoured milk was introduced towards the end of the season. Despite these challenges, our sales numbers were remarkable. Now, with an expanded distribution network across eastern and western Assam, we are confident in our ability to meet consumer demand,” said Satya Brata Bose, Managing Director at NEDFL.

He added that along with Purabi Ice Cream and Purabi Flavoured Milk, other Purabi products like standard milk, curd etc. are now available on leading quick-delivery e-commerce platforms like Blinkit, Flipkart Minutes, BigBasket Now, and Swiggy Instamart.

With its commitment to quality and authenticity, Purabi Dairy is not just satisfying sweet cravings but also supporting Assam’s dairy farmers, ensuring that the state’s milk industry continues to thrive. As the demand for authentic, dairy-based ice cream grows, Purabi is set to become a household name in Assam’s ice cream industry.

Q4FY25 Revenue from operations at INR 11,974 Mn up 2% YoY, EBITDA at INR 2,524 Mn down 1% YoY, PAT at INR 1,520 Mn up 17% YoY

Mumbai, India, May 28, 2025: Granules India Ltd., a vertically integrated pharmaceutical company, today announced its financial results for the quarter and financial year ended March 31, 2025.

 Financial and Business Summary for Q4FY25

• Revenue from Operations of Q4FY25 stood at INR 11,974 mn, a growth of 2% YoY, Sustained increase in formulations’ share despite slowdown in productivity of Gagillapur facility with ongoing US FDA remediation activities. Revenue share from the North America increased to 79% in Q4 FY25 as compared to 70% in Q4 FY24.
• Active Pharmaceuticals Ingredients (API), Pharmaceutical Formulation Intermediates (PFI), and Finished dosages contribute 12%, 10%, and 77% of revenue from operations respectively for Q4FY25.
• ROCE is at 6% as compared to 16.5% YoY.
• Net debt stood at INR 7,061 mn, a reduction of INR 1,360 mn and Net debt to EBITDA at 0.75x

Commenting on the results, Dr. Krishna Prasad Chigurupati, Chairman & Managing Director of Granules India Limited said, “We are pleased to report a resilient bottom line and cash flow performance this year, despite sales remaining steady. This was achieved with a profitable Formulations growth of 18%, even though we proactively paused Gagillapur’s production operations in Sep-24 for more than a month to re-assess the risks and undertake necessary USFDA remediation activities. Productivity of Gagillapur facility has been lower in H2 FY25 with ongoing remediation activities. Our strong financial performance reflects the success of our strategic initiatives, particularly our focus on enhancing our product mix by prioritizing high- margin offerings and expanding our portfolio of non-legacy molecules. This reflects the strength and adaptability of our business model, and our unwavering commitment”.

Ather Energy and Infineon Technologies partner to accelerate India’s electric two-wheeler revolution

Chennai, 28th May 2025: Ather Energy, a leading electric two-wheeler manufacturer in India and Infineon Technologies Asia Pacific Pte Ltd, a global leader in semiconductor solutions, signed a Memorandum of Understanding (MoU) in Seoul, South Korea, to jointly drive innovation in the electric vehicle (EV) industry in India. The collaboration focuses on advancing semiconductor technologies to support light electric vehicles (LEVs), charging infrastructure, and safety, with a shared vision to contribute to India’s growing EV ecosystem.

The partnership aims to leverage cutting-edge semiconductor solutions from Infineon based on various technologies, microcontrollers and automotive related sensors, alongside Ather’s expertise in designing state-of-the-art LEVs (Light Electric Vehicles). Together, the companies will work towards enabling more efficient, reliable, and cost-effective EV solutions, driving the adoption of electric two-wheelers in India.

Speaking on the occasion, Swapnil Jain, Executive Director and CTO, Ather Energy, said: “At Ather, we’ve always believed that building great EVs starts with getting the fundamentals right – performance, efficiency, reliability. Our approach has always been grounded in first-principles thinking and deep engineering, questioning how every system can be made better, faster, and more efficient. That’s where semiconductor innovation becomes critical. Infineon’s leadership in semiconductors and system solutions brings deep expertise that aligns with our engineering-first approach. Our partnership with Infineon gives us access to advanced technologies that can help us improve key systems, from charging to safety and explore ways to reduce system complexity and cost. We’re looking forward to seeing how this collaboration can help us push the boundaries, not just for our products, but for the larger EV ecosystem in India.”

Highlighting the importance of this partnership, Peter Schaefer, Executive Vice President and Chief Sales Officer Automotive at Infineon, said: “India is one of the fastest-growing EV markets globally, and electric two-wheelers are at the heart of this transformation. We are thrilled to partner with Ather Energy to enable the next generation of sustainable mobility solutions. Our advanced SiC and GaN technologies will help drive energy-efficient and high-performance electric vehicles. This partnership will foster innovation that contributes meaningfully to India’s ambitious objective to reach a 30 percent sales share for EVs by 2030.”

This collaboration will explore sensing and safety innovations to elevate vehicle safety and user experience. These solutions deliver significant advantages in terms of energy efficiency, charging speed, and overall system reliability, making EVs more accessible, sustainable, convenient and appealing to consumers.