DICV Drives CO2e Neutrality with 100% Renewable Power at Oragadam
Rutuparna Rath news
DICV Drives CO2e Neutrality with 100% Renewable Power at Oragadam

24th Feb, 2025 – Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has reached a significant milestone in its sustainability journey by utilizing 100% renewable power at its state-of-the-art Oragadam production facility, ahead of its sustainability roadmap. This achievement underlines DICV’s commitment to environmental protection and marks an important step, as the company has successfully reduced its Scope 2 emissions ahead of the original end-2025 target.

From the outset, DICV has placed climate and environmental protection at the core of its operations, with a focus on reducing CO2e emissions and optimizing energy consumption. Since 2018, the company has steadily expanded its renewable energy initiatives that culminated in the implementation of cutting-edge infrastructure.

At the heart of this achievement is DICV’s forward-thinking renewable energy strategy, which combines onsite solar power generation with offsite renewable power procurement. A total of 22,970 tons of CO₂e is offset through the sourcing of renewable power, underscoring DICV’s commitment to decarbonization.

A key element of this strategy is the installation of a renewable power-generation plant with a peak capacity of 4,300 kW, powered by 15,000 solar panels. This plant offsets approximately 4,000 tons of CO₂e emissions annually, contributing to 17% of the renewable power generated in-house.

Satyakam Arya, Managing Director & CEO, Daimler India Commercial Vehicles, said,
“We have made significant strides in positioning DICV as a leader in sustainable manufacturing and we are proud to achieve 100% renewable power utilization at our Oragadam facility. This milestone, achieved ahead of target, demonstrates our commitment to decarbonizing operations. Since 2018, we have focused on building the infrastructure to increase our reliance on renewable power and now we have reached 100% renewable power utilization under Scope 2 emissions. Supportive state and central policies, such as green power purchases through various energy sources available under regulatory framework, played a vital role in this accomplishment.”

In addition to renewable power, DICV remains committed to energy efficiency and exploring alternative renewable sources to further minimize CO2e emissions. These initiatives reflect the company’s holistic approach to sustainability and its dedication to creating a carbon-neutral future. By integrating advanced sustainability practices, DICV continues to set industry benchmarks, drive meaningful environmental impact, and shape a greener tomorrow.

”CO2e” refers to carbon dioxide-equivalent emissions, and includes not only CO2, but also other greenhouse gases. It is considered a more accurate measurement of global warming potential.

Study Group Hosts ‘Destination USA’ to Empower Indian Students
Bhumika Lenka education
Study Group Hosts ‘Destination USA’ to Empower Indian Students

24th February 2025: Study Group, a global leader in international education, expanded student opportunities with its much-awaited event, ‘Destination USA: Your Route to Success’. The mega event was designed to bridge the gap between ambitious Indian students and top-tier U.S. educational institutions. The recently conducted landmark event represented a pivotal moment for students seeking higher education in the U.S.

The event stood out as a comprehensive education fair featuring direct access to representatives from 11 prestigious U.S. universities, including California State University San Marcos, DePaul University, Florida Atlantic University, James Madison University, Long Island University, Texas A&M University-Corpus Christi, Towson University, University of Hartford, University of Nebraska at Omaha, and Western Washington University. With the U.S. emerging as the foremost destination for higher education among Indian students, the event offered some exclusive perks, including direct meetings with university experts, a visa masterclass with expert tips to simplify the complex process of the visa journey and a hands-on STEM session, highlighting the USA’s role as a global hub for innovation and leadership in science, technology, engineering, and mathematics (STEM) fields. More than 200 students attended the event which also presented an opportunity for participating students to earn exclusive scholarships along with big savings on application fees through visa fee waiver (exclusive attendee perk).

Mr. Alex Marston, General Manager, North America for Study Group, said, “Destination USA: Your Route to Success is not a run-of-the-mill event. By bringing multiple U.S. university partners under one roof, we are addressing the evolving international education landscape, focusing on the premium benefits of enrolling at a U.S. university and helping Indian students make informed decisions for their futures. It has served as a substantial opportunity for students to explore, understand and realize their global academic aspirations in a convenient, student-centric event. Today, and with our ongoing bespoke partnerships and admissions services, Study Group provides a solid foundation for future global leaders by simplifying their path to premier U.S. institutions.”

Poonam who attended the event, shared, The event was very helpful. University booth representatives carefully reviewed the profile and shared details like program overviews, intake details, and university offerings. During the event, the staff was friendly and patient with every student. Overall, it was a great experience.

The mega event also facilitated student counseling and supported their applications to U.S. universities while providing insights into educational opportunities across premier U.S. locations like California, Florida, New York City and Chicago. Mr. Marston’s comprehensive Visa Masterclass session equipped students with crucial insights into navigating the U.S. F-1 visa process successfully. Additionally, the event also featured a networking junction that provided a dynamic platform for students to connect, share experiences, and forge collaborative relationships.

The event featured university representatives Dr. Mahadevan Subramaniam (Subu), Chair of Computer Science, University of Nebraska at Omaha; Dr. Sven Thijssen, Assistant Professor, Electrical Engineering and Computer Science, Florida Atlantic University; and Mr. Edwin Christian Allen, Assistant Director of Graduate & International Recruitment, Towson University, to name a few.

Study Group remains committed to providing Indian students with world-class international education opportunities. The ’Destination USA: Your Route to Success’ event demonstrates this dedication by offering a gateway to the U.S.’s excellent academic avenues and global career prospects.

Runway Ready Secures the Spotlight at W Goa with a Glamorous Evening by Sukriti & Prakriti Kakar
Neel Achary business
Runway Ready Secures the Spotlight at W Goa with a Glamorous Evening by Sukriti & Prakriti Kakar

Rockpool W Goa set the stage for a dazzling evening as it hosted ‘Runway Ready 2025’ in collaboration with Goya Swim Company, a conscious, luxury swimwear brand from Goa known for its vibrant prints and colours. The event, which featured fashion, music, and the unparalleled ambiance of one of Goa’s most iconic venues, was held […]

The post Runway Ready Secures the Spotlight at W Goa with a Glamorous Evening by Sukriti & Prakriti Kakar first appeared on Business News Week.

Sleeep Boutique Welcomes You to ITC Royal Bengal with Exclusive 10% Savings for Club ITC Members
Neel Achary business
Sleeep Boutique Welcomes You to ITC Royal Bengal with Exclusive 10% Savings for Club ITC Members

Imagine drifting into a world of unparalleled comfort every night—where every pillow, duvet, and sheet has been thoughtfully designed to cradle you in luxury. This dream can now be your reality with Sleeep Boutique at ITC Royal Bengal, offering an exclusive 10% savings to Club ITC members on its premium collection of wellness products, crafted […]

The post Sleeep Boutique Welcomes You to ITC Royal Bengal with Exclusive 10% Savings for Club ITC Members first appeared on Business News Week.

IIMK-NSE Secures Thought Leadership with 2nd Annual Conference on Macroeconomics, Banking & Finance
Neel Achary business
IIMK-NSE Secures Thought Leadership with 2nd Annual Conference on Macroeconomics, Banking & Finance

Chandigarh, February 24th, 2025: The National Stock Exchange of India (NSE) and IIM Kozhikode jointly organised the 2nd Annual Conference on Macroeconomics, Banking & Finance at the NSE Corporate Office in Mumbai on February 21st, 2025, co-sponsored by Axis Bank and Bank of Baroda. The theme of the conference was “Finance for Growth Amid Creative […]

The post IIMK-NSE Secures Thought Leadership with 2nd Annual Conference on Macroeconomics, Banking & Finance first appeared on Business News Week.

Commending Data-First Strategies for Stronger Customer Retention in India
Neel Achary business
Commending Data-First Strategies for Stronger Customer Retention in India

Mayank Baid, Regional Vice President, India, Cloudera Fifteen minutes – that’s the limit of the average customer’s patience before he or she abandons the queue without making a purchase, according to a 2023 study conducted by Waitwhile. Globally, the average rate for e-commerce cart abandonment is closer to 75%, and in India the average cart […]

The post Commending Data-First Strategies for Stronger Customer Retention in India first appeared on Business News Week.

16 Lakh Mobiles Charged at Maha Kumbh with KDM Stations
Rutuparna Rath technology
16 Lakh Mobiles Charged at Maha Kumbh with KDM Stations

Mumbai, February 24, 2025: KDM, the leading lifestyle & mobile accessories brand in India, has set a new benchmark in social outreach brand campaign with its innovative and impactful activation at the Maha Kumbh Mela aimed to strengthen brand recognition and engage with lakhs of devotees. It involved installing 90 mobile charging stations, which is set to charge over 16 lakh phones during the 45-day event. The company’s indigenous KDM-T Technology chargers were available to ensure devotees could stay connected with their family and loved ones. The campaign is a shining example of innovative thinking and social responsibility.

N D Mali, Founder of KDM said, “KDM has truly made a mark at Maha Kumbh 2025 by filling a crucial gap that was overlooked by administration and private companies – keeping visitors’ mobile phones charged! This move has not only filled a critical gap but also won hearts, earning KDM widespread acclaim for our commitment to keeping visitors connected and charged.”

B H Suthar, Co-Founder of KDM added, “KDM’s mobile charging stations have also empowered the administration, police, NCC, and medical camps, providing a sigh of relief for the real heroes of Maha Kumbh 2025 who have been working tirelessly to serve the visitors. As Maha Kumbh 2025 continues to draw millions of visitors, KDM’s initiative will undoubtedly remain a highlight of the event.”

KDM as a brand has been established as a leading lifestyle and mobile accessories brand for a decade. It has developed a wide variety of products under mobile accessories and lifestyle segments which ranges from mobile chargers, earbuds, speakers, neckbands to headphones. It has a strong distribution network spread across India that has enhanced its journey of building India’s largest and most innovative mobile accessories and lifestyle brand.

INOX India First to Receive IATF 16949 Certification for Cryogenic Fuel Tanks
Bhumika Lenka news
INOX India First to Receive IATF 16949 Certification for Cryogenic Fuel Tanks

Vadodara/Mumbai, 24th February, 2025: INOX India Limited (INOXCVA), one of the world’s leading cryogenic technology solution providers, has achieved a historic milestone by becoming India’s first cryogenic equipment manufacturer to receive the prestigious IATF 16949 certification for cryogenic fuel tank manufacturing. The certification, issued by Bureau Veritas Certification covers the design and manufacturing of vacuum insulated cryogenic fuel tanks.

The IATF 16949 certification, a mandatory requirement for automotive OEM suppliers, validates INOX India’s commitment to maintaining the highest quality management standards in the automotive industry. This certification positions INOX India as a pioneer in bridging the gap between cryogenic technology and automotive applications, particularly in the growing LNG fuel tank sector in India, as well as opens the door for entering the global market of heavy duty vehicle fuel tanks.

Commenting on the achievement, Deepak Acharya, Chief Executive Officer- INOX India Ltd said, “This certification represents a significant breakthrough for INOX India in this industry. Being India’s first to receive this certification for cryogenic fuel tanks demonstrates our technological leadership and commitment to quality in supporting the automotive industry’s transition to alternative fuels. There is an evident intent across the globe towards shifting to greener transport fuels, and we firmly believe that our fuel tank solutions, especially for LNG, are capable to service this complex yet burgeoning demand. We are proud of our technical capabilities, and certifications like this underscore our commitment to enhance our Quality Management Systems consistently, and assures our esteemed customers, looking for dependable quality suppliers.”

This achievement strengthens INOX India’s position as a qualified supplier to automotive OEMs, opening new opportunities in the growing market for LNG-powered vehicles. It also reflects the Company’s dedication to meeting the stringent quality requirements of the automotive industry while maintaining its expertise in cryogenic technology. The certification was awarded following a comprehensive audit of INOX India’s facility located in Kalol, in Panchmahal, Gujarat. The certification’s scope encompasses the complete spectrum of design and manufacturing processes with no exclusions, underlining the Company’s comprehensive capabilities in this specialized field.

The IATF 16949, is a leading international automotive quality management standard. Being a requirement for supplies to automotive industry, IATF 16949 is a global technical specification based on ISO 9001 specific to the automotive industry. Amidst increasingly complex supply chains and regulatory frameworks, achieving the IATF 16949 certification demonstrates the Company’s solid commitment to quality.

CREDAI to Host 6th New India Summit in Nashik on 7th-8th March
Bhumika Lenka news
CREDAI to Host 6th New India Summit in Nashik on 7th-8th March

24th February 2025, New Delhi: The Confederation of Real Estate Developers’ Associations of India (CREDAI) is set to host the 6th edition of the CREDAI New India Summit in Nashik, Maharashtra, on March 7-8, 2025. Themed “Viksit Bharat: Unlocking Potential of Emerging Cities,” the summit will bring together key stakeholders to discuss and explore strategies for accelerating growth in India’s rapidly developing Tier 2, 3, and 4 cities.

The summit will serve as a platform to address critical challenges faced by developers in emerging cities and facilitate discussions on innovative solutions to unlock their full potential. With participation expected from over 400 developers, policymakers, industry experts, and thought leaders, this event aims to drive forward-looking strategies for sustainable urban development. This year’s summit will feature an esteemed lineup of eminent speakers, including renowned policymakers and industry leaders, among others.

At the summit, CREDAI will reinforce its commitment to the growth and transformation of India’s real estate sector by unveiling key industry initiatives and policy recommendations. The event will also highlight the significance of emerging cities in India’s economic trajectory and their role in fulfilling the vision of “Viksit Bharat.”

“India’s Tier 2, 3, and 4 cities are emerging as the backbone of the country’s urban transformation. With increasing infrastructure investments, improved connectivity, and rising real estate demand, these cities are poised to become the next hubs of economic growth and urban innovation. The CREDAI New India Summit is a testament to our commitment to unlocking the potential of these emerging cities by fostering dialogue, collaboration, and policy interventions that will shape their growth trajectory. As we collectively work towards a New India, this summit will play a pivotal role in addressing industry challenges, exploring innovative solutions, and driving sustainable urban development” said Mr. Boman Irani, President, CREDAI.

The CREDAI New India Summit continues to be a marquee event in the real estate sector, fostering dialogue, innovation, and collaboration among developers, policymakers, and industry leaders. As India moves towards a more dynamic and inclusive growth trajectory, this summit will play a crucial role in shaping the future of urban development

Celebrating 15 Years, Meraki 2025 Sets New Milestones for Entrepreneurs
Rutuparna Rath news
Celebrating 15 Years, Meraki 2025 Sets New Milestones for Entrepreneurs

New Delhi, February 24, 2025: The 15th edition of FIIB’s flagship Meraki Business Plan Competition brought together some of the brightest entrepreneurial minds from across India, reinforcing its reputation as a premier platform for promoting innovation and business leadership. This year’s event, held at FIIB’s New Delhi campus from February 12-14, was hosted under the Centre for Innovation, Entrepreneurship, and Technology (CIET). Meraki has evolved over the years into a significant industry-focused event that nurtures budding ventures and future business leaders.

For 15 years, FIIB Meraki has been investing in student-led ideas that are not only profitable but also drive high social impact. Rooted in innovation and sustainability, Meraki aligns with the United Nations Sustainable Development Goals (UN SDGs), ensuring that the businesses we recognize create a better future for all.

Since its inception in 2012, Meraki has witnessed participation from some of the most esteemed institutions in the country, including IISc Bangalore, IIT Kharagpur, SRCC, IIT BHU, and many others. This year, the competition witnessed an overwhelming response, with over 800 teams applying and 16 teams making it to the final round. Participants presented cutting-edge business models across various domains, with a strong emphasis on sustainability through the SDG Track, aligning with UNSD goals 4, 5, 8, and 9. From technology-driven startups to social enterprises, the competition served as a launchpad for transformative ideas poised to make a lasting impact.

Reflecting on the continued evolution of Meraki, Ms Radhika Srivastava, President & CEO, FIIB, stated:

“Meraki is more than just a competition—it’s a movement that fosters innovation, critical thinking, and problem-solving. Over the past 15 years, we have seen remarkable ideas take shape, and many have gone on to become successful businesses. At FIIB, we believe in providing a robust platform for young entrepreneurs, equipping them with the right skills, mentorship, and opportunities to transform their vision into reality. The passion and commitment displayed by this year’s participants reaffirm our belief that the future of entrepreneurship in India is bright.”

Meraki 2025 awarded a total prize pool of ₹4 lakhs to the most promising startups, evaluated based on creativity, feasibility, and long-term impact. Five groundbreaking startups were recognized from over 100 student teams, with guidance from a 10+ distinguished panel of industry leaders, academics, and startup mentors.The competition’s esteemed panel of judges, comprising industry veterans and investors, played a pivotal role in assessing the feasibility and potential impact of the business plans. Judges included Dr. Deepak Pandit (Chair Professor – Innovation & Entrepreneurship, School of Management at BML Munjal University), Mr Hetal Sonpal (Author, Investor, Sales & Strategy Leader), Mr Puru Vashishtha (Co-founder & Chairman, Wishfin), Mr Kartik Mehta (VP – Investments, WaterBridge Ventures), Prof. Indrajit Lahiri (Senior Banking Advisor & Professor of Practice, FIIB), and Dr Sorabh Bajaj, PhD (Consultant & Assistant Professor, FIIB). Their collective insights and feedback provided invaluable learning experiences for participants.

Over the years, Meraki has recognized more than 50 promising ventures, many of which have scaled into thriving businesses. The competition has awarded over ₹50 lakh in fellowships to support high-potential student entrepreneurs and has evaluated business models aligned with 11 United Nations Sustainable Development Goals, driving meaningful impact across industries. The legacy of Meraki extends beyond competition day, as alumni have successfully launched ventures, secured strategic partnerships, and played a role in shaping India’s startup landscape.