Author: Deshwale Editorial Desk

One97 Communications Limited (OCL), which owns Paytm, has implemented digital parking payment solutions at the 38th Surajkund International Crafts Mela, held from 7 to 23 February 2025 in Surajkund, Faridabad, Haryana. The initiative aims to streamline parking transactions through Paytm’s All-in-One Card Machines and QR codes, facilitating fast and secure cashless payments. The deployment enables visitors to make hassle-free payments using Paytm UPI, UPI Lite, RuPay Credit Card on UPI, and credit cards. The system also provides real-time audio alerts upon transaction completion, ensuring a smooth parking experience. The Surajkund International Crafts Mela showcases India’s diverse handicrafts, handlooms, and cultural…

Toyota Kirloskar Motor (TKM) has successfully concluded the 24-Hour Toyota Hackathon 2025 at R V Institute of Technology & Management, Bangalore. The event, part of TKM’s nationwide hackathon series, aimed to foster innovation in road safety and marked the final edition following earlier rounds in Delhi and Mumbai. Bringing together over 400 students from grades 9 to 11 across nearly 100 schools, the hackathon focused on developing practical solutions to critical road safety issues. Participants worked on themes including Road Safety Awareness, School Zone Safety, Traffic Management, and IoT Integration in Road Safety. The top three teams will receive continued…

India’s leading commodity derivatives exchange, Multi Commodity Exchange (MCX) has recorded turnover of Rs.100906.96 crores in various futures & option contracts for commodities listed at MCX on 14 February 2025 till 5:00 pm. In which commodity futures accounted for Rs. 16082.11 crores and options on commodity futures for Rs. 84820.84 crores (notional). Bullion Index MCXBULLDEX Feb-25 futures was reached at 20664 point. Commodity Future Contracts: Bullion: In precious metals, Turnover of Gold and Silver variants clocked Rs. 12531.51 crores. GOLD Apr-25 contract was up by 0.34% to Rs. 86101 per 10 gram, GOLDGUINEA Feb-25 contract was up by 0.51% to…

Genpact (NYSE:G), a global advanced technology services and solutions company, has partnered with WWF-India and the Watershed Organization Trust (WOTR) to tackle climate change and promote sustainability in India. With WWF-India, Genpact aims to restore the ecological health of the Chambal-Yamuna River system. The project will enhance biodiversity and support conservation efforts. In addition, the collaboration with WOTR focuses on improving climate resilience in Rajasthan through community-led water harvesting and sustainable farming. “Climate action is not just an environmental issue; it’s a social and economic imperative,” said Piyush Mehta, CHRO and Country Manager, India, Genpact. “As a company committed to…

Cupid Limited has received orders worth ₹13.90 crore for its female condoms from Brazil, South Africa, and Angola. The company plans to complete deliveries by Q1 FY26. Managing Director Aditya Halwasiya stated that female condoms remain a high-value segment for the business. In a separate development, Cupid has withdrawn all legal proceedings against Vikas Lifecare Limited following the latter’s withdrawal of the Alwar case. The company does not expect any financial or operational impact from the resolution.

Egypt will host an emergency Arab summit on 27 February to address escalating tensions in Gaza and the broader Palestinian issue. The summit, organised by the Arab League, aims to unify Arab nations’ positions and strategise support for Palestinian interests. It will also address regional stability amid international reactions to former U.S. President Donald Trump’s controversial statements on Gaza. The meeting underscores Egypt’s pivotal role in Middle Eastern diplomacy, reflecting its strategic influence in regional politics. Leaders from Arab nations are expected to attend, emphasising the urgency of the Palestinian situation. The agenda includes discussions on political, humanitarian, and security…

Naffa Innovations Pvt. Ltd. (ToneTag), a leading provider of voice-based payment and commerce solutions in India, has secured INR 674 crore in its Series B2 funding round. The investment comprises primary and secondary capital and is led by ValueQuest S.C.A.L.E. Fund and its co-investors, who have committed over 50% of the total round. Other investors include Iron Pillar and Elevate Inflection Capital LLC, with existing investor Elevate Innovation Partners LLC also participating. With over 30 million daily interactions, ToneTag leverages its patented soundwave protocol to offer seamless digital payment solutions. The company serves major global technology firms and leading Indian…

The Government of Karnataka has posthumously honoured Vikram S. Kirloskar, former Vice Chairman of Toyota Kirloskar Motor (TKM), with the ‘Industrial Legacy’ Award at the Invest Karnataka 2025 Global Investors Meet. The award recognises his contributions to Karnataka’s industrial and economic growth, job creation, and local supplier development, solidifying the state’s position as a global manufacturing hub. Toyota Kirloskar Motor also received the ‘Sunrise Sector Pioneer Award’ in the automotive category for innovation and sustainability. An MIT graduate and a key figure in India’s manufacturing and automotive sectors, Kirloskar played a pivotal role in bringing Toyota to Karnataka and establishing…

Kilitch Drugs Limited, a BSE and NSE-listed pharmaceutical company, has reported a 222% year-on-year (YoY) growth in consolidated profit after tax (PAT) for Q3 FY25, reaching ₹5.61 crore, compared to ₹1.74 crore in the same period last year. The company’s consolidated revenue from operations rose 77% YoY to ₹56.17 crore, up from ₹31.79 crore in Q3 FY24. This growth is attributed to consistent demand across global markets. On a standalone basis, the company’s PAT grew 25%, while revenue increased 56% YoY, reaching ₹6.88 crore and ₹46.51 crore, respectively, in Q3 FY25. For the nine-month period ending December 2024 (9MFY25), Kilitch…

Build Capital, an early-stage financing firm in the real estate sector, has appointed Rajendra Mirashie as an Independent Advisor. With a career spanning over 30 years, he brings expertise in finance, banking, and corporate real estate. A Law and Management graduate, Mr Mirashie held leadership roles at Piramal Finance, Kotak Mahindra Bank, Tata Finance, and Gruh Finance Ltd. He managed corporate real estate portfolios exceeding ₹1 lakh crore. He also led India’s largest residential foreign investment initiative worth ₹1,700 crore. Additionally, he advised cooperative banks and Alternative Investment Funds (AIFs) on asset management and strategic growth. On his appointment, Mr…