Technology

India Unveils Vision for a USD 60 Billion Gaming Economy: India Gaming Report 2025 Released

India Unveils Vision for a USD 60 Billion Gaming Economy: India Gaming Report 2025 Released

#IndiaUSD60BillionGamingEconomy   #IndiaGamingReport2025 ●        Gaming Set to Become the Backbone of India's USD 1 Trillion Digital Economy Vision Chandigarh: India today officially launched the much-anticipated India Gaming Report 2025, a landmark study jointly developed by WinZO and the Interactive Entertainment and Innovation Council (IEIC), projecting India’s gaming sector to reach a staggering USD 60 billion market size by 2034. With a current valuation of USD 3.7 billion (2024) and a projected CAGR of 19.6% (FY24–29E), India’s gaming industry is on a high-growth trajectory, expected to cross USD 9.1 billion by 2029. The sector is home to 1,888 gaming companies, employs over…
Read More
SBI General Insurance Launches Flexi Home Insurance: A Customizable Home Insurance

SBI General Insurance Launches Flexi Home Insurance: A Customizable Home Insurance

#SBIGIFlexiHomeInsurance Chandigarh: SBI General Insurance, one of India’s leading general insurance providers, has launched SBI General Flexi Home Insurance. It is a comprehensive and flexible insurance policy designed to provide financial security to diverse residential needs, including owned and rented properties, as well as housing societies. The ‘SBI General Flexi Home Insurance’ offers greater flexibility and allows customers to design a tailor-made home insurance policy as per their requirements. The unique feature of this product is that it offers customer a Stand-Alone “Fire" only insurance cover as mandatory, complemented by an extensive range of perils and add-ons that ensures personalized…
Read More
Now You can invest in Digital Gold SIP starting as low as ₹50

Now You can invest in Digital Gold SIP starting as low as ₹50

Aditya Birla Capital Digital launches Digital Gold SIP on the ABCD Mobile App #ABCDDigitalGoldSIP   #InvestDigitalGoldSIP50INR Chandigarh: Aditya Birla Capital Digital Limited (“ABCDL”), the digital-first D2C arm of India’s leading financial services company, Aditya Birla Capital, today, announced the launch of Digital Gold SIP - a systematic investment plan that enables users to invest in digital gold starting at just ₹50 for weekly SIPs and ₹100 for monthly SIPs. This feature is available on the ABCD mobile app. Digital Gold SIP brings together India’s widely adopted investment method, with an asset class deeply rooted in tradition. By enabling regular, automated investments,…
Read More
Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026

Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026

#EmbassyREITGrowth ·         Delivers distributions of ₹2,181 crores (₹23.01 per unit), exceeds mid-point distribution guidance by 1.1% ·         Grows Revenue and Net Operating Income by 10% YoY to annual record of ₹4,039 crores and ₹3,283 crores, respectively Chandigarh: Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2025. Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said, “We’re delighted to report another excellent year for Embassy REIT as we mark six years since our listing in April 2019. In FY2025,…
Read More
NFO: DSP MF launches DSP Silver ETF FoF

NFO: DSP MF launches DSP Silver ETF FoF

#DSPMFDSPSilverETF The NFO opens on April 28 and closes on May 9. Mumbai: DSP Mutual Fund has launched DSP Silver ETF Fund of Fund (FoF) for investors who don’t have demat account. This FoF will primarily invest in units of DSP Silver ETF. In a press release, Anil Ghelani, CFA, Head of Passive Investments & Products at DSP Mutual Fund said, "During geopolitical tensions and uncertainties, precious metals like silver and gold present a safe haven for investors. Precious metals are also a good inflation hedge for investors who fear that trade wars and tariff tensions would cause high inflation.…
Read More
Vi expands 5G network to Chandigarh Region

Vi expands 5G network to Chandigarh Region

#Vi5GnetworkChandigarh Following strong launch performance in Mumbai Chandigarh: Leading telecom operator Vodafone Idea (Vi), announced the launch of its 5G services in Chandigarh Region including Chandigarh, Mohali, Zirakpur and Kharar. This expansion follows the successful 5G rollout in Mumbai this March, where over 70% of eligible users are already experiencing 5G services, and contributing up to 20% of the total data traffic on the network. Vi has also expanded its 5G services to Patna recently. As part of the expansion, Vi users with 5G devices in the Chandigarh region will gain immediate access to Vi’s 5G services. This rollout will…
Read More
Mahindra to acquire 58.96% stake in SML Isuzu for INR 555 crore to strengthen position in the Trucks and Buses segment

Mahindra to acquire 58.96% stake in SML Isuzu for INR 555 crore to strengthen position in the Trucks and Buses segment

#MahindrastakeSMLIsuzu Chandigarh: Mahindra & Mahindra Ltd (“M&M”) today announced that it has entered into an agreement to acquire 58.96% stake in SML Isuzu Ltd. (“SML”) at INR 650 per share, which is an outlay of INR 555 crore. In addition, M&M will make an open offer in accordance with SEBI Takeover Regulations. The proposed acquisition is a step towards establishing a strong presence in the >3.5T CV segment, where M&M has a 3% market share today, as compared to a 52% market share in the <3.5T LCV segment. M&M’s Trucks and Buses Division has made meaningful progress over the past…
Read More
AIR INDIA EXPRESS TO SHOWCASE NEW EXPERIENCE TOGETHER AT ARABIAN TRAVEL MARKET, DUBAI 2025

AIR INDIA EXPRESS TO SHOWCASE NEW EXPERIENCE TOGETHER AT ARABIAN TRAVEL MARKET, DUBAI 2025

#AIRINDIADUBAI2025 Chandigarh: Air India and Air India Express are set to participate in the Arabian Travel Market (ATM) 2025, to be held from 28 April to 1 May at the Dubai World Trade Centre (DWTC), UAE. Located at booth numbers AS7290 and AS7295 in the Asia pavillion of hall 8, the two airlines will present their complementary strengths in a modern, immersive space, designed to reflect the bold new era of the two airlines. The Arabian Travel Market has been a gateway to global travel and tourism growth, unlocking business potential for the industry for over three decades. Spanning over…
Read More
Poonawalla Fincorp Implements AI-Powered Debt Management Platform

Poonawalla Fincorp Implements AI-Powered Debt Management Platform

#PoonawallaFincorpAIDebt Chandigarh: Poonawalla Fincorp Limited (PFL), a Cyrus Poonawalla Group promoted NBFC, focused on Consumer & MSME Lending, has announced the implementation of advanced AIpowered debt management platform to transform its debt management processes, redefining the collections journey in the lending sector. This aims to enhance efficiency across processes, strategic designs, and governance framework. Central to this transformation is an advanced engine that autonomously analyzes data from customer interactions, including digital communications, tele-calling, and field operations. It offers a multi-layered, multi-channel intervention mechanism that enhances efficiency, reducing 4-5 days of manual effort typically needed for managing collection communications. The platform…
Read More
Karnataka High Court Quashes FIR Against Infosys Co-founder Kris Gopalakrishnan

Karnataka High Court Quashes FIR Against Infosys Co-founder Kris Gopalakrishnan

#FIRInfosysKrisGopalakrishnan ·         Grants liberty to initiate criminal contempt proceedings against the complainant Chandigarh: The Karnataka High Court has quashed an FIR registered against Infosys co-founder Kris Gopalakrishnan and others under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989. The Court termed the complaint “an abuse of the process of law” and granted liberty to initiate criminal contempt proceedings against the complainant. Justice Hemant Chandangoudar, who passed the order on April 16, observed that the complaint was a “vexatious attempt to harass the petitioners.” The FIR was based on a private complaint filed by D. Sanna Durgappa,…
Read More