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Tag: Smruti Bhalerao

  • EV Hesitation, Solar Confidence and UPI’s Global Test Shape India’s Economic Debate in Delhi

    Remarks by leaders from Maruti Suzuki, Axis-linked insurance, Pay10 and Luminous highlighted how mobility readiness, regulatory reform and financial sovereignty are diverging across sectors

    India’s economic conversation is no longer moving in a single direction. Instead, it is unfolding through sector specific realities that reveal differing levels of readiness, confidence, and constraint. This divergence was clearly visible during discussions in New Delhi where senior leaders from automobiles, insurance, payments, and energy reflected on how India’s geoeconomic position is being shaped in practice, not theory.
    At the centre of the mobility discussion was Maruti Suzuki India Limited, which continues to approach electric vehicles with measured caution. Speaking on the future of e-mobility, Partho Banerjee, Senior Executive Officer for Marketing and Sales, outlined why mass adoption remains constrained despite a growing number of electric models in the market. While more than a dozen EV models are currently available, their penetration remains limited when seen against Maruti Suzuki’s monthly sales volume of nearly four lakh vehicles.

    Banerjee pointed to range anxiety, charging access, and ownership experience as unresolved issues for the company’s core customer base. Rather than chasing early adopters, he said the focus remains on resolving practical barriers before introducing the e-Vitara electric SUV. Maruti Suzuki has already established over 2,000 dedicated EV charging points across more than 1,100 cities and partnered with 13 charge point operators, with an ambition to scale the charging ecosystem to one lakh chargers nationwide by 2030. The approach reflects a broader view that sustainable mobility must align with consumer readiness and infrastructure depth, not just product availability.
    In contrast, the tone was notably more assured in the energy transition conversation. Preeti Bajaj, Chairperson and Managing Director of Luminous Power Technologies, spoke about solar power as a natural fit for India’s economic and environmental priorities. She highlighted affordability, accessibility, and availability as defining characteristics that make solar energy particularly suited to Indian conditions. According to her, falling technology costs and abundant sunlight have positioned solar as one of the most efficient and scalable power sources for the country.

    Bajaj also addressed the evolving conversation around energy storage, noting that reliance on a single battery technology such as lithium ion presents both vulnerabilities and opportunities. She suggested that India’s strength lies in layering its software and engineering capabilities across multiple storage solutions, adapting technologies to local power conditions rather than following a uniform global template. The emphasis was on pragmatic innovation, shaped by domestic demand rather than first mover advantage.
    The discussion on financial services revealed another axis of divergence. In the insurance sector, regulatory reform is being viewed as a structural reset rather than incremental change. Sumit Madan, Managing Director and Chief Executive Officer of Axis-linked Max Life Insurance, described measures such as GST 2.0 and the proposed Amendment of Insurance Laws Bill, 2025 as steps that could significantly widen access and competition. He noted that allowing 100 percent foreign direct investment is likely to attract new entrants, placing greater pressure on incumbents to improve transparency, product quality, and customer engagement.

    Madan also pointed to the removal of GST on life insurance as a meaningful signal. Demand, he said, has already shown signs of picking up following the tax relief, reinforcing the view that policy design plays a decisive role in shaping consumer behaviour. At the same time, he stressed that insurers themselves carry responsibility in communicating value and building trust, especially as the sector moves toward a more customer centric framework.
    The payments conversation brought financial sovereignty into sharp focus. Prabhpreet Singh Gill, Chairman of Pay10 Global and Eastern Fortune Investments, spoke about the strategic importance of bilateral corridors and cross border licensing for Indian payment firms. While India’s Unified Payments Interface has transformed domestic transactions, its global journey presents a different set of challenges.

    Gill explained that many countries are strengthening their domestic payment ecosystems, often with high capital and localisation requirements. Recent changes by the Reserve Bank of India around aggregate cross border licences, he said, are enabling Indian firms, particularly small and medium enterprises, to explore international markets with greater confidence. However, he emphasised that global adoption of UPI will depend on whether it delivers tangible value to merchants abroad, including faster settlements and competitive pricing compared to established card networks.
    Across these conversations, a common thread emerged. India’s economic momentum is real, but it is not uniform. Different sectors are moving at different speeds, guided by consumer behaviour, regulatory clarity, infrastructure readiness, and global acceptance. Rather than a single growth narrative, the picture that emerged was one of calibrated progress, where ambition is tempered by execution.

    As policymakers and business leaders continue to navigate a multipolar global economy, these sectoral perspectives offer a more grounded view of India’s trajectory. Featured by Prittle Prattle News, virtuous journalism for a thoughtful world, the discussions in Delhi underscored that India’s economic future will be shaped as much by restraint and sequencing as by scale and speed.
    At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.

  • Thane Moves Toward Inclusive Schooling as Thane Municipal Corporation and Christel House India Sign an MoU to Operate a New Campus for More Than One Thousand Children

    The two acre campus in Kharegaon will offer fully free education, meals, healthcare, transportation and long term student support as Christel House prepares for its June 2026 opening.

    A significant shift toward inclusive schooling is underway in Maharashtra as the Thane Municipal Corporation finalises a collaboration with Christel House India through a formal Memorandum of Understanding. The partnership marks a milestone in the city’s approach to public education and signals a commitment to strengthening opportunities for children from severely underserved communities. The agreement enables Christel House India to operate a new school constructed by the Thane Municipal Corporation on a two acre campus in Kharegaon, Kalwa, designed to serve more than one thousand students when fully scaled.

    The focus keyword, Christel House India MoU with Thane Municipal Corporation, represents more than an administrative document. It reflects a broader effort to create a school model that merges public infrastructure with the long standing expertise of a non profit that has worked in India for more than two decades. The new campus, a sixty five thousand square foot facility with fifty eight classrooms, laboratories, a library and a dedicated administration block, aligns with CBSE requirements and provides a physical environment intended to support sustained academic and personal development. The scale of the structure indicates a long term commitment to creating a learning environment that stands apart from typical civic school facilities.

    The Thane Municipal Corporation has consistently explored partnerships that strengthen public education, particularly for families that struggle to access high quality schooling. The decision to formalise the Christel House India MoU with Thane Municipal Corporation follows months of assessment and detailed review of Christel House India’s existing centres. The organisation’s long history of serving children from the poorest households through a holistic, no fee model played a decisive role. The Municipal Commissioner of Thane, Saurabh Rao, IAS, expressed confidence that the collaboration would open meaningful pathways for children who often remain excluded from quality schooling due to economic and social barriers.

    In his statement, Saurabh Rao noted that it is encouraging to see Christel House India extend its model to Thane. He emphasised that the collaboration supports the civic vision of providing every child with access to quality education and opportunities for growth. He said the partnership will influence the lives of thousands of families over time and described the initiative as a point of pride for the city as it becomes home to the fourth Christel House school in India.

    Jaison C Mathew, Chief Executive Officer of Christel House India, acknowledged the leadership and support of the Thane Municipal Corporation. He reiterated that the establishment of the school is the result of steady collaboration and shared intent. He noted that the corporation identified Christel House India as a partner capable of combining academic strength with structured support services that include nutrition, medical care, counselling and family engagement. He added that the Christel House India MoU with Thane Municipal Corporation is an example of a public and non profit model that may influence future educational collaborations.

    Christel House India has begun the process of transitioning the campus into its operational framework. Leadership hiring has already started, operations planning is underway, and a combination of internal and external recruitment processes will shape the team that runs the school. Admissions, which will follow a stringent poverty based selection process, will prioritise children from the poorest households. This approach includes community surveys, home assessments and review by an admissions committee to ensure that the process remains fair and focused on families with the greatest need.

    The school will open in June 2026 with approximately two hundred students across Kindergarten, Grade 1 and Grade 2. Instruction will be in English and supported by national and state languages through activity based and multisensory teaching methods. The choice of English medium instruction aligns with the broader Christel House model, which aims to prepare students for higher education and career pathways that require confidence in multiple languages.

    As the Christel House India MoU with Thane Municipal Corporation takes effect, the organisation is preparing to introduce its long term education pathway for students. Beyond Grade 12, every Christel House student receives five additional years of support through its College and Careers program. This includes academic mentoring, counselling, scholarships and career readiness guidance. Across India, more than one thousand alumni have already benefited from this system and many have progressed into respected institutions and workplaces.
    The significance of this partnership extends beyond infrastructure and admission numbers. Christel House India’s model emphasises that academic learning cannot be separated from physical, emotional and social support. Students will receive all essentials free of cost, including transportation, uniforms, books, learning materials, meals and regular healthcare. Family engagement programs will continue to form an integral part of the school’s approach, strengthening the relationship between the institution and the households it serves.

    Community outreach is ongoing in preparation for admissions. The team is working to understand the needs of families in the area, share information about the school’s model and ensure that the opportunity reaches parents who may not otherwise access such a resource. Once the school reaches full capacity, it will serve around one thousand and eighty students from Kindergarten to Grade 12 and continue supporting alumni as they enter college and the workforce.
    The Christel House India MoU with Thane Municipal Corporation demonstrates how cities can elevate public education when they combine infrastructure, administrative vision and non profit expertise. As the formal transfer of the campus progresses, and as operations build from now until June 2026, the project stands as one of the most significant education initiatives in the region. The coming months will shape the foundational structure of the school, but the broader implications of the partnership suggest a long term impact on children whose access to opportunity depends on such collective effort.

    By taking this step, Thane positions itself as a city that recognises the role of inclusive education in shaping long term social mobility. The collaboration signals a future in which children from underserved communities gain access not only to schooling but also to the long term support that allows them to build stable, self reliant lives. As Christel House India prepares to open its doors, the partnership affirms a shared belief that quality education, when combined with steady support, can alter the trajectory of entire communities.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • NTT DATA Launches AI-Powered Cyber Defense Centers Across India, Expands Global Security Network

    With autonomous AI, human-machine SecOps, and advanced orchestration, NTT DATA’s Cyber Defense Centers offer faster response, deeper visibility, and 24×7 protection across borders

    NTT DATA, a global leader in AI, digital business, and technology services, has announced the establishment of six new AI-powered Cyber Defense Centers to significantly enhance cybersecurity capabilities for global enterprises. Four of these advanced centers are already operational in India located in Bengaluru, Hyderabad, Noida, and Mumbai while two more are set to open in Birmingham, UK, by December 2025 and in Dallas, USA, by January 2026.

    These Cyber Defense Centers are built on a next-generation security model that integrates AI-powered threat detection, agentic AI for security operations, and intelligent automation. This approach is designed to modernize how organizations handle cybersecurity threats by reducing investigation times by up to 60% and minimizing alert fatigue by as much as 90 percent. The model represents a shift from traditional centralized security to a distributed and autonomous model that enhances response times, operational efficiency, and threat visibility across regions.

    At full capacity, the centers will support more than 800 security analysts and provide 24/7 protection to over 1,200 global clients. They leverage AI agents that automatically triage and investigate incidents, enabling human analysts to focus on high-value tasks such as digital forensics, incident response, and threat recovery. Each center is fully equipped with cutting-edge tools that deliver real-time global threat intelligence, localized risk analysis, and unified dashboards for proactive decision-making.

    NTT DATA’s offering spans Managed Detection and Response (MDR), incident response services, compliance advisory, threat intelligence, and cloud and OT security solutions. These services are designed to reduce cyber risks, streamline compliance, and improve overall threat response capabilities for large enterprises operating in an increasingly complex digital environment.
    Charlie Li, Head of Cloud and Security Services at NTT DATA, emphasized the importance of securing digital transformation journeys at scale. He said that the company’s expanding network of Cyber Defense Centers enables global enterprises to counter sophisticated, AI-enabled cyber threats while accelerating their edge-to-cloud innovation.

    The Cyber Defense Centers also operate in collaboration with national agencies including CERTs and cybersecurity regulators to ensure compliance with local privacy and AI-related legislation. This global-local or “glocal” model allows clients to navigate regional threats with greater precision and regulatory alignment.
    Sheetal Mehta, Head of Cybersecurity at NTT DATA, stated that today’s threat environment requires intelligent and adaptive cyber defenses. She added that these centers support the company’s broader vision of a globally connected defense network that uses automation, human expertise, and strategic partnerships to protect business ecosystems.

    The rollout of these Cyber Defense Centers adds to NTT DATA’s expansive cybersecurity footprint, with more than 40 security operations facilities across 50 countries. The company continues to invest in advanced AI, cyber resilience, and secure digital infrastructure to help clients build long-term digital trust while defending against modern threats in real time.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • NIESBUD Hosts Delegation from South Sudan to Deepen TVET and PPP Cooperation

    With 28 senior participants and three cabinet ministers expected, the initiative focuses on entrepreneurship, quality assurance, and industry-linked TVET governance.

    The National Institute for Entrepreneurship and Small Business Development (NIESBUD), under the Ministry of Skill Development & Entrepreneurship (MSDE), is currently hosting a 12-day international training programme titled “Strengthening the Public Private Partnership Model in the South Sudan TVET Ecosystem,” from 2 to 12 December 2025.

    Organised under the Indian Technical and Economic Cooperation (ITEC) initiative of the Ministry of External Affairs (MEA) and in collaboration with UNESCO, the programme has brought together 28 high-level participants from South Sudan. Delegates include senior officials from key ministries General Education and Instruction; Labour, Youth and Sports; and Higher Education, Science and Technology along with private sector representatives. Three cabinet ministers from South Sudan are also expected to join later this week.

    This initiative aims to support institutional capacity building in South Sudan through exposure to India’s TVET (Technical and Vocational Education and Training) ecosystem. Core focus areas include governance reforms, PPP frameworks, entrepreneurship, and market-relevant skill development.
    As part of the immersive learning experience, the delegation visited Kaushal Bhawan in New Delhi on 4 December 2025 and interacted with Ms. Debashree Mukherjee, Secretary, MSDE. Welcoming the delegation, the Secretary underscored India’s unified skilling framework that brings together institutions such as DGT, NCVET, NSDC, Sector Skill Councils, NIESBUD, IIE, and others under MSDE’s coordinated leadership.

    She emphasized the importance of public–private collaboration in skilling, India’s integration of entrepreneurship into TVET outcomes, and the growing opportunities for bilateral exchange in agriculture-based livelihoods, construction skills, women-centric skilling, and digital capacity building.
    Delegates attended a series of thematic sessions delivered by key institutional stakeholders. Topics included: MSDE’s flagship schemes, quality assurance in skilling, long-term vocational training, and digital and emerging technologies in skilling. These sessions offered insights into India’s scalable, standards-driven, and tech-enabled skilling architecture.

    Senior officials including Ms. Archana Mayaram (Economic Adviser, MSDE), Ms. Hena Usman (Joint Secretary, MSDE), Dr. Poonam Sinha (Director General, NIESBUD), and other directors and specialists from MSDE, NCVET, and UNESCO were present.
    Throughout the programme, participants will engage in experience-sharing, field visits, institutional exchanges, and capacity-building interactions with Sector Skill Councils, premier training institutions, and industry partners.
    This international exchange reaffirms India’s commitment to fostering inclusive development, streaming global partnerships, and advancing skill ecosystems under the ITEC framework.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • India Moves Closer to Battery Self-Reliance as IFC Invests in GFCL EV’s Greenfield Facility

    In a step toward deepening India’s clean-tech supply chain, GFCL EV secures IFC investment to establish a fully integrated battery materials facility, enabling job creation, innovation, and value addition for the EV ecosystem.

    Gujarat Fluorochemicals Limited (GFL), one of India’s leading fluorochemicals producers, has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group. The development marks a milestone in India’s clean energy journey, as IFC invests approximately US$50 million in GFL’s subsidiary, GFCL EV Products Limited (“GFCL EV”), through compulsorily convertible instruments.

    The investment will support the creation of India’s first fully integrated battery materials facility, aimed at powering both electric vehicle (EV) and energy storage segments. The facility will help strengthen India’s participation in the global battery materials supply chain while supporting national goals of energy security, green mobility, and sustainable manufacturing.
    GFCL EV currently offers a wide array of battery-related products including:
    • Battery chemicals such as electrolyte salt (LiPF6), custom electrolyte formulations, and advanced additives
    • Cathode active materials (LFP)
    • Binders including PVDF and PTFE

    The company has backward integration into key raw materials, making it one of the few large-scale battery materials manufacturers worldwide with such capabilities.
    Speaking about the investment, Mr. Vivek Jain, Chairman of the INOXGFL Group, said, “We are delighted to welcome IFC as a strategic partner in GFCL EV. Their backing reaffirms our vision for a greener future. IFC’s global expertise and commitment to sustainability will help us scale faster, strengthen local value chains, and support India’s green transition.”
    Dr. Bir Kapoor, DMD and CEO of Gujarat Fluorochemicals Ltd., added, “This is IFC’s first investment in a battery materials company in India. It will allow us to scale up our manufacturing capabilities and reinforce India’s position as a reliable global partner in clean energy components.”

    Mr. Imad N Fakhoury, IFC Regional Division Director for South Asia, noted, “India is rapidly scaling its EV and energy storage sectors. This investment will enable India to build domestic capacity in advanced materials and become a vital part of the global supply chain.”
    Carsten Mueller, IFC’s Regional Industry Director for Manufacturing, Agribusiness, and Services in Asia, emphasized the strategic alignment: “Our partnership with GFCL EV will help create a one-stop platform for battery materials manufacturing in India. This is a key move toward energy security, private investment, and innovation.”
    Barclays acted as the exclusive financial advisor to GFCL EV on this landmark transaction.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • From Platform to Carriage: UNIQLO Brings HEATTECH to the Heart of Delhi Metro

    Signature campaign runs from November 24 to December 24, bringing UNIQLO’s innovative thermal wear closer to Delhi and Gurgaon’s winter commuters via full-train wraps and high-impact station takeovers.

    As winter settles across the capital, UNIQLO has launched a bold seasonal campaign, transforming two full metro trains on Delhi’s Yellow Line into moving showcases for its signature HEATTECH range. Running from November 24 to December 24, 2025, the activation brings warmth and innovation directly to the daily journeys of thousands of commuters.
    The initiative includes eight-carriage train wraps across two trains on the high-footfall Yellow Line, along with immersive branding across key interchange stations like Rajiv Chowk, INA, and Sikandarpur. The visual takeover reinforces the brand’s core proposition: HEATTECH as the must-have winter essential for comfort, style, and functionality.

    HEATTECH, one of UNIQLO’s most popular LifeWear innovations, is engineered with advanced fabric technology that converts body moisture into heat offering thermal comfort without the bulk. Thin, warm, and stylish, it’s designed for the dynamic needs of modern urban living.
    By embedding this activation into the city’s daily rhythm, UNIQLO is not just advertising, it’s introducing a tactile, everyday experience of LifeWear to the people of Delhi and Gurgaon. The metro wrap creates an experiential canvas where innovation meets visibility, making HEATTECH part of the commuter’s journey, both literally and symbolically.

    This initiative highlights UNIQLO’s continued commitment to combining functionality and design in ways that resonate locally. As temperatures drop, the brand ensures that HEATTECH is top-of-mind and top-of-wardrobe for winter comfort.

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTub

  • Syngene Q1FY26: Revenue up 11%, PAT surges 59% as biologics and peptides scale

    Strong start to FY26 with ₹875 Cr revenue; USFDA clearance, 20+ audits, and peptide lab expansion underline quality-first strategy

    Bengaluru, 23 July 2025 ,  Syngene International Ltd. began FY26 with solid performance in the first quarter, reporting an 11% year-on-year increase in revenue from operations to ₹875 crore and a 59% surge in profit after tax (PAT) to ₹87 crore. The company’s reported EBITDA rose 19% to ₹224 crore, with margins improving to 25%.
    Operational Growth: Research Services and Biologics Power Q1 Momentum
    The strong financial delivery was driven by continued conversion of pilot programs into long-term contracts within the Research Services business and progress in biologics manufacturing. Syngene commenced operations at its new Unit III facility in Bengaluru and is advancing preparations to launch operations at its Bayview site in the United States later in the year.

    Peter Bains, Managing Director and CEO of Syngene International Ltd., stated:
    “We are pleased with the growth performance in the first quarter, which is aligned with our expectations. Continued conversion of pilot programs into longer-term contracts within our Research Services business was the main driver underpinning this momentum. We have also made progress in scaling biologics and expanding scientific platform capabilities with a new peptide lab.”
    Quality Milestones and Global Compliance
    In Q1FY26, Syngene successfully completed a USFDA Good Clinical Practices (GCP) inspection of its Human Pharmacology Unit with no observations. Its Biologics facility at Biocon Park received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) outcome.
    The company also concluded over 20 client and regulatory audits in the quarter, reinforcing its commitment to global compliance and operational transparency.

    Scientific Expansion: Peptides & Platform Synergies
    Syngene inaugurated a state-of-the-art dedicated peptide laboratory, enhancing its portfolio alongside monoclonal antibodies, Antibody-Drug Conjugates (ADCs), oligonucleotides, and PROTACs. Peptides are among the fastest-growing therapeutic modalities and strengthen Syngene’s integrated capabilities across development and manufacturing.
    Deepak Jain, Chief Financial Officer, commented:
    “This quarter’s revenue growth of 11% and improvement in EBITDA margins were driven by both topline momentum and cost optimization. We continue to maintain a robust balance sheet and will invest in technology to strengthen client offerings while staying focused on our annual guidance.”
    Recognition for Sustainability
    Syngene was named one of the World’s Most Sustainable Companies 2025 by TIME magazine and Statista. It ranked #1 in India’s pharma and biotech sector and within the top 20 globally in life sciences, chosen from a pool of over 5,700 organizations. This highlights Syngene’s strategic alignment with environmental stewardship and global ESG leadership.

    Upcoming Investor Call
    Syngene will host its Q1FY26 earnings call on July 24, 2025, at 12:15 PM IST, where senior management will discuss performance and outlook. Details for dial-in and webcast access are available on the company’s official website.
    About Syngene International Ltd.
    Syngene International Ltd. (BSE: 539268, NSE: SYNGENE) is a globally integrated research, development, and manufacturing services provider for pharmaceutical, biotech, nutrition, animal health, and specialty chemicals. With over 5,600 scientists and 2.5 million+ sq. ft. of infrastructure, Syngene supports 400+ clients including global leaders such as BMS, GSK, Zoetis, and Merck KGaA

    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • CMS Info Systems Q1FY26: Revenue up 5%, PAT up 3%, Vision AI play deepens

    Company secures ₹500 Cr in new orders, scales HAWKAI brand with Securens acquisition

    CMS Info Systems Limited, India’s largest business services firm in cash logistics and technology-led managed services, reported a stable Q1FY26 performance, with consolidated revenue rising 5% year-on-year to ₹627 crore and profit after tax (PAT) up 3% to ₹93.6 crore.
    The company continues to deepen its technology-led transformation with a binding agreement to acquire Securens Systems Private Limited, an AIoT remote monitoring pioneer, for a reported ₹80 crore. This move significantly strengthens CMS’s Vision AI vertical under its flagship HAWKAI brand, aiming to more than double its competitive lead in the surveillance and analytics segment.
    Segmental Performance: Stability in Cash Logistics, Investment in Managed Services

    • Cash Logistics revenue stood at ₹417 crore (YoY growth: 8%) with EBIT at ₹100 crore (YoY growth: 1%)
    • Managed Services & Technology Solutions, which includes Cards Services, delivered ₹258 crore in revenue (YoY growth: 8%) but saw EBIT decline by 11% to ₹36 crore

    Key Q1FY26 Highlights

    • ₹500 crore worth of new orders secured across segments
    • 153,000+ business touch points in the Cash Logistics vertical, a 9% YoY increase
    • Won ALGO MVS contract for ICICI Bank’s ATM software solutions
    • Strategic acquisition of Securens to deepen Vision AI and predictive analytics capabilities

    Rajiv Kaul, Executive Vice Chairman and CEO of CMS Info Systems, stated:
    “We grew topline by 5% and PAT by 3% in a seasonally weak quarter amid subdued consumption trends. We continue to focus on executing our order book while maintaining a stable business profile. With the Securens acquisition, our HAWKAI brand will scale to a market-leading position, more than 2X of its closest competitor.”

    Vision AI Expansion: From Cash to Code
    Securens Systems, ranked #4 in India’s AIoT RMS sector, brings advanced capabilities in intelligent surveillance, predictive compliance, and analytics-led security services. This acquisition positions CMS to serve clients across banking, retail, and e-commerce with a full-stack Vision AI platform.
    The integration of Securens’ stack into CMS’s ecosystem will allow cross-leveraging of AIoT surveillance with existing logistics infrastructure, accelerating HAWKAI’s reach and enabling real-time, tech-enabled compliance.
    Investor & Analyst Relations
    CMS Info Systems will host its earnings call on July 24, 2025, at 4:00 PM IST, with access via universal dial-in numbers and full materials to be published on the company’s official investor portal.

    About CMS Info Systems
    CMS Info Systems Ltd is India’s leading business services company providing logistics and technology solutions to banks, financial institutions, retail, and e-commerce sectors. Listed on the BSE and NSE (Ticker: CMSINFO), CMS operates across three verticals: Cash Logistics, Managed Services, and Technology Solutions. The company maintains a digital presence on LinkedIn, Instagram, Twitter, and Facebook under the handle CMS Info Systems.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Paytm Turns Profitable With ₹123 Cr PAT, Revenue Up 28% in Q1 FY26

    Merchant subscriptions hit 1.3 Cr; financial services revenue doubles; EBITDA at ₹72 Cr

     Paytm (One 97 Communications Limited) has reported a consolidated profit after tax (PAT) of ₹123 crore for the first quarter of FY26, marking a profitable quarter across all key financial metrics. Operating revenue surged 28% year-on-year to ₹1,918 crore, driven by growth in merchant subscriptions and distribution of financial services. The company posted an EBITDA of ₹72 crore and a contribution margin of 60%, underscoring the strength of its AI-led cost discipline and monetization strategy.
    Net payment revenue rose 38% YoY to ₹529 crore, bolstered by an increase in high-quality subscription merchants and better payment processing margins. Financial services revenue doubled to ₹561 crore, attributed to strong momentum in merchant loans, trail revenue from the Default Loss Guarantee (DLG) portfolio, and improved loan recovery performance.

    Merchant subscriptions reached an all-time high of 1.30 crore as of June 2025. Paytm continues to enhance operating efficiency through reduced capital expenditure on devices and improved sales team productivity. With AI embedded across its operations, the company has successfully optimized its technology stack to serve MSMEs and large enterprises alike.
    With a cash balance of ₹12,872 crore as of June 30, Paytm maintains capital flexibility to accelerate innovation in AI-first infrastructure, merchant services, and financial product expansion. The platform is India’s only full-stack, AI-powered omni-channel payments ecosystem, offering integrated hardware, software, and services.

    Paytm anticipates that more than 10 crore merchants will adopt digital payments in the near term, with 40-50% likely to require subscription-based business services—a segment where Paytm holds market leadership.
    As one of India’s earliest AI adopters in fintech, the company has integrated AI into merchant onboarding, transaction analytics, risk scoring, and customer support. This has helped unlock operating leverage, control direct expenses, and scale without proportionate cost increase.

    About Paytm
    Paytm is India’s leading mobile payments and financial services distribution company. As a pioneer of mobile QR payments in India, the company builds technologies that empower small businesses with seamless payments and commerce. Its mission is to serve half a billion Indians and integrate them into the mainstream economy through digital innovation.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedIn, Instagram, and YouTube.

  • Rosmerta Wins ₹109.15 Cr Contract for 6 Automated Testing Stations in Maharashtra

    Gondia, Jalgaon, Nandurbar, Ratnagiri, Beed, and Chiplun to get BOOT model ATS under state transport upgrade

    Rosmerta Group has secured a ₹109.15 crore contract to establish six state-of-the-art Automated Testing Stations (ATS) across Maharashtra. The project, awarded under a Build-Own-Operate-Transfer (BOOT) model in partnership with the State Transport Department, will deploy advanced vehicle testing facilities in Gondia, Jalgaon, Nandurbar, Ratnagiri, Beed, and Chiplun over the next five years. The initiative marks a major step forward in Maharashtra’s push for standardized, tech-driven vehicle fitness assessment infrastructure aligned with Chapter XI of the Central Motor Vehicle Rules (CMVR).
    Each ATS will feature fully automated systems capable of evaluating vehicle roadworthiness with enhanced accuracy, transparency, and efficiency. The new centres are expected to significantly reduce manual testing errors, streamline compliance protocols, and bring consistent safety standards to regions that have traditionally lacked modern testing infrastructure.

    Mr. Kartick Nagpal, President of Rosmerta Group, stated, “We are honoured to partner with the State Transport Department of Maharashtra to bring world-class, technology-driven Automated Testing Stations to the state under the BOOT model. These centres will enhance road safety by making vehicle fitness testing more precise, transparent, and accessible, especially in regions where such infrastructure has been limited.”

    The Maharashtra ATS agreement is a key component of Rosmerta’s broader roadmap, which includes a ₹400 crore investment to build 21 ATS across the state. The company’s ongoing pilot and commercial programs, commissioned under the Ministry of Road Transport and Highways (MoRTH), have successfully processed over 500,000 vehicle tests to date.

    Rosmerta Technologies Limited, a pioneer in Indian mobility infrastructure, holds a dominant 50% market share in High-Security Registration Plates (HSRP), making it the second-largest global HSRP manufacturer and India’s largest. The company also leads multiple allied verticals such as Intelligent Transport Management Systems, Automated Driving Testing Tracks, Vehicle Scrapping Facilities, IoT-based Transport Solutions, and Smart Card-based licensing and registration services.
    The company’s Surakshit Safar initiative underscores its ESG-driven mission to improve Indian road safety through integrated, sustainable, and digitally enabled solutions.

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