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Archive: October 31, 2025

news

10 Emerging Job Roles in India’s EV Manufacturing Boom

Oct 31, 2025 by Neel Achary 0 Comments

India, 31st October, 2025: India’s electric vehicle (EV) revolution is gaining speed and with it, a massive surge in green jobs. According to the Ministry of Skill Development and Entrepreneurship, the EV industry is projected to create one crore direct and five crore indirect jobs by 2030. As automakers, startups, and energy companies accelerate their shift toward sustainable mobility, a new generation of professionals is emerging spanning engineering, data analytics, design, and infrastructure. From battery innovation to charging network expansion, these roles will define the future of India’s clean mobility ecosystem

Dr. Nipun Sharma, CEO, TeamLease Degree Apprenticeship, has identified the top 10 emerging roles that will shape India’s EV workforce of tomorrow.

  • Electric Vehicle (EV) Design Engineer: Designs core EV components, including the vehicle’s body, chassis, and electric powertrain. This role requires expertise in mechanical or automotive engineering and proficiency with CAD software like CATIA or SolidWorks.

  • EV Battery Engineer: Focuses on designing, developing, and manufacturing battery systems. Specific tasks can include thermal management strategies, quality control of lithium-ion cells, and validation testing.

  • Power Electronics Engineer: Develops the power systems that convert and control electrical energy in EVs, including inverters, converters, and battery control systems. This role demands knowledge of electrical engineering, power systems, and semiconductors

  • EV Charging Infrastructure Engineer: Designs, optimizes, and installs charging networks. They work with electrical systems, grid integration, and charging protocols like OCPP.

  • Embedded Software Engineer: Develops the software and firmware for an EV’s various embedded systems, including the Battery Management System (BMS), vehicle control units (ECUs), and infotainment systems.

  • EV Service Technician: Handles the diagnosis, repair, and maintenance of electric vehicles. Technicians need strong skills in electrical systems, mechanical assembly, and troubleshooting EV components like battery packs and motors.

  • Manufacturing Production Manager: Oversees the entire production process, from assembly line operations to quality control. This role is crucial for ensuring efficiency, safety, and quality standards are met.

  • EV R&D  : R&D professionals are driving innovation in EVs  from battery technology and motor efficiency to lightweight design and thermal management. With global automakers setting up R&D hubs in India, demand is rising for engineers skilled in powertrains, energy storage, and simulation tools.

  • Data Scientist/Analytics: Collects and analyzes data from EVs and charging stations to optimize fleet performance, predict user behavior, and manage energy consumption. This role uses AI and predictive analytics to inform decision-making. For safety improvisation and product innovation.

  • EV Sales Executive: Identifies and engages potential customers for electric vehicles. These professionals need strong knowledge of EV technology to explain benefits and guide buyers through the sales process.

As India’s electric vehicle (EV) industry accelerates, the opportunities extend far beyond traditional engineering roles. Thriving in this dynamic ecosystem will demand a blend of technical expertise, problem-solving skills, and adaptability. Professionals who step into emerging roles from battery innovation to data analytics will not only future-proof their careers but also drive India’s transition toward clean, sustainable mobility.

news

BimaPay Wins ‘InsurTech of the Year’ at the IIA Awards 2025

Oct 31, 2025 by Neel Achary 0 Comments

Mumbai, 31st October, 2025: BimaPay, a fast-growing digital lending and insurance financing platform backed by Mufin Green Finance, has been awarded the prestigious “InsurTech of the Year” title at the IIA Awards 2025. The recognition highlights BimaPay’s pioneering role in reshaping insurance access and affordability through technology-led solutions for individuals, enterprises, and the gig workforce.

Hosted by the Indian Insurance Association, the IIA Awards celebrate excellence and innovation across the insurance ecosystem. BimaPay’s win reinforces its commitment to building a seamless, transparent, and inclusive insurance infrastructure for India’s evolving financial landscape.

BimaPay has emerged as a catalyst in enabling more Indians to secure protection through simplified digital journeys, flexible premium financing, and integrated insurance solutions. With advanced automation and embedded-insurance capabilities, the platform serves both salaried individuals and large employer networks.

“Our mission has always been to make insurance accessible, transparent, and relevant for every worker, whether in a large enterprise, a small business, or the gig economy,” said Hanut Mehta, co-founder & CEO at BimaPay. “Being named InsurTech of the Year at the IIA Awards 2025 is a validation of our team’s relentless focus on innovation and the trust placed in us by our customers and partners. We’re excited to build on this momentum as we continue to increase insurance penetration in India.”

Also commenting on the recognition, Mohit Gupta, co-founder & CTO at BimaPay, said, “Winning the InsurTech of the Year award is not just a milestone for BimaPay but a reaffirmation of the purpose we started with: to bridge the gap between technology and meaningful financial protection. This recognition motivates us to continue innovating responsibly, strengthening trust in the insurance ecosystem, and shaping a future where protection is not a privilege but a default.”

Kapil Garg, co-founder and group promoter at BimaPay, added, “This award reflects the shared vision of the BimaPay and Mufin Green Finance teams to empower every individual with access to financial protection and inclusion. It’s a proud moment that inspires us to continue driving innovation with purpose.”

With this achievement, BimaPay further strengthens its position as a key driver of digital transformation within India’s insurance landscape. The company remains focused on expanding its product capabilities, deepening partnerships, and building scalable, tech-driven solutions that address the evolving needs of individuals and businesses.

As BimaPay looks ahead, this recognition serves as a strong validation of its mission to enhance financial protection and accessibility for millions across the country.

business

Suzlon appoints Rahul Jain as Chief Financial Officer to fuel growth aspirations

Oct 31, 2025 by Neel Achary 0 Comments

Pune, India, 31st October, 2025: Suzlon Group has today announced the appointment of Mr. Rahul Jain as the new Chief financial Officer and Key Managerial Personnel, effective from 15th December 2025. 

rahul jain

With over two decades of experience in corporate finance, Rahul spent nearly 17 years at SRF Limited and resigned from his position as the Group CFO recently. Rahul led financial transformation at SRF by streamlining systems, leveraging technology, and strengthening financial discipline during his tenure. His work supported the company’s inorganic and organic growth by identifying new avenues, unlocking capital allocation etc. Prior to SRF, Rahul worked with Jubilant Organosys Limited for a decade contributing to its growth initiatives. A Chartered Accountant by qualification, Rahul brings with him extensive experience from reputable organisations.

Girish Tanti, Vice Chairman, Suzlon Group, said, “We are pleased to welcome Rahul Jain to the Suzlon leadership team as we embark on the next chapter of our growth and transformation journey. With his strategic expertise in financial transformation, mergers and acquisitions, and fundraising, Rahul will play a pivotal role in strengthening our capabilities and building a future-ready conglomerate.”

JP Chalasani, Chief Executive Officer, Suzlon Group, stated, “Rahul is one of India’s most seasoned finance leaders, who has transformed SRF Limited’s financial story and unlocked significant value for shareholders. His deep expertise will help us evaluate new areas for high growth while strengthening financial health and corporate governance even further. I look forward to working with him to drive Suzlon’s next phase of growth across emerging opportunities in the renewable ecosystem.”

Commenting on the announcement, Rahul Jain, said, “Since 1995, Suzlon has been India’s most trusted wind energy which continues to play a big role in India’s energy transition story. I will work with other leaders on driving profitability, building a more sustainable business while further strengthening its financial resilience and creating long-term value for shareholders.”

Education

WeSchool Hosts AICTE and Ministry of Education Innovation Cell’s Capacity Building Workshop on Innovation, Design and Entrepreneurship

Oct 31, 2025 by Neel Achary 0 Comments

Mumbai, October 31, 2025: Prin. L. N. Welingkar Institute of Management Development and Research (WeSchool), today hosted the “Capacity Building Workshop on Innovation, Design and Entrepreneurship (IDE)” for District Education Officers and DIET Members under the aegis of the Department of School Education and Literacy, All India Council for Technical Education (AICTE), and the Ministry of Education Innovation Cell (MIC).

WeSchool Hosts AICTE

The two-day workshop, being held on 30th – 31st October 2025, aims to strengthen district-level leadership by enhancing their understanding of innovation, creativity, design thinking, and entrepreneurship, in line with the vision of the National Education Policy (NEP) 2020.

The workshop was inaugurated by Mr. Govind Kamble, State Project Co-ordinator, MPSM, who graced the occasion as the Chief Guest, and Dr. Sachin Kore, Director, VJTI, who graced the event as Guest of Honour. Also, present were Ministry officials Mr. Ajay Kakade and Mr. Sachin Bane, State Nodal Officers, along with senior faculty members from WeSchool.

Mr. Govind Kamble said, “Maharashtra has consistently been at the forefront of national education initiatives, from the Viksit Bharat program to several state-led innovation efforts. Over 73% of our eligible schools have already registered under Viksit Bharat, and with the continued commitment of our education officers and field teams, I am confident we will maintain this leadership by ensuring greater student participation and project submissions.”

He further added, “The state government is also introducing several new initiatives to nurture scientific curiosity, from strengthening science exhibitions to launching Vigyan Vaari, which aims to give students advancing to the state level an opportunity to visit institutions like NASA. I urge all district officers and educators to take the learnings from this IDE workshop back to their schools and encourage students to think innovatively and pursue excellence”

Dr. Sachin Kore remarked that “creativity is something AI cannot generate it must originate through human innovation.”

Speaking on the occasion, Prof. Dr. Uday Salunkhe, Group Director, WeSchool said, “Only education has the power to truly transform a nation. At WeSchool, we believe innovation must begin with educators, those who shape young minds and drive systemic change. This workshop reflects our commitment to nurturing an innovation mindset among District Education Officers and DIET members, empowering them to become edupreneurs who can lead India’s journey towards Viksit Bharat 2047.”

He further added, “Our DNA is experimentation. For decades, WeSchool has championed design thinking and entrepreneurship in education, and we are proud to collaborate with AICTE, the Ministry of Education Innovation Cell, and the Wadhwani Foundation to build a culture of creative problem-solving and co-creation across districts.”

Organized in collaboration with the Wadhwani Foundation, renowned for its initiatives in entrepreneurship education, the IDE bootcamp marks Phase 1 of the IDE training program for PM SHRI schools, spanning 25 states and 2 union territories.

Over 60 participants from across districts attended the opening day, engaging in group activities, immersive working sessions, and hands-on workshops designed to ignite creative thinking and problem-solving. The sessions encouraged participants to explore the “why,” “what,” and “how” of innovation in education, while uncovering strategies to drive meaningful change and foster entrepreneurial thinking within their institutions.

The two-day bootcamp will conclude with participants presenting actionable frameworks to integrate IDE concepts into district-level initiatives, aligning with the broader national vision of “Innovation for All” under NEP 2020.

business

FOMC Cuts Rates by 25 bps; Powell’s Hawkish Tone Tempers December Easing Hopes

Oct 30, 2025 by Neel Achary 0 Comments

Umesh Sharma, CIO Debt, The Wealth Company Mutual Fund

BY: Mr. Umesh Sharma, CIO Debt, The Wealth Company Mutual fund

“The FOMC reduced policy rates by 25 bps and announced the end of Quantitative Tightening effective December, both widely anticipated by markets. However, in the post-meeting press conference, Fed Chair Jerome Powell struck a hawkish tone, emphasizing that a December rate cut is not a foregone conclusion given inflation remains above target and labor-market uncertainties persist. He noted that a balance between lower labor supply and moderating labor demand is still evolving, suggesting the Committee may prefer to pause in December while assessing incoming data.

Following Powell’s remarks, market expectations of a December rate cut fell from over 90% to around 60%, prompting a rise in U.S. Treasury yields and a stronger dollar.

Domestically, Indian bond yields have edged higher in line with global moves. The RBI MPC, in its recent policy, indicated that policy space has opened up to support growth if needed. By the next meeting, more clarity is expected on tariffs and the impact of prior fiscal and monetary actions. Given benign headline and core inflation amidst growth concerns, we continue to expect a 25-bps policy rate cut in the upcoming review. For investors, shorter to intermediate duration funds remain preferable, while long-end positions suit only experienced, non-risk-averse investors.”

news

Tribeca Highstreet Unveils ‘The Great Highstreet Festival’ with Prizes Worth INR 1 Crore

Oct 30, 2025 by Neel Achary 0 Comments

Tribeca Highstreet Unveils ‘The Great Highstreet Festival’ South Pune’s Most Anticipated Festive Celebration with Prizes Worth Over INR 1 Crore

Pune, 30th October 2025: Tribeca Highstreet, South Pune’s most loved lifestyle and retail destination, has announced the launch of its flagship festive campaign “The Great Highstreet Festival.” Running from 10th October 2025 to 4th January 2026, the three month extravaganza will offer shoppers a spectacular opportunity to win prizes worth over INR 1 crore.

This year, the festival promises to be bigger, brighter, and more rewarding than ever before, bringing together joyful shopping experiences, vibrant entertainment, festive décor, and irresistible offers across leading brands.

As part of the Shop & Win contest, customers who shop for ₹5,000 or more at any participating Tribeca Highstreet brand can register their purchase to enter a series of lucky draws. Every registered shopper is guaranteed to win an exciting prize, with rewards including:

  • Bumper Prize: Mahindra SUV 3X0
  • Monthly Prize: Free Shopping for a Year
  • Weekly Prize: Smartphone
  • Assured Prize: Gift Voucher from Hippie at Heart

With The Great Highstreet Festival, every shopper walks away a winner – making this festive season truly unforgettable.

Beyond the excitement of prizes, Tribeca Highstreet will come alive with the sights and sounds of the season. The high street will be beautifully adorned with festive décor and vibrant lighting, while visitors can enjoy live instrumental performances including soulful table, flute, and more by master artists – adding an air of elegance to the festivities.

The celebrations will also feature a special ‘Diwali Flea Edition’ from 17th to 19th October 2025, bringing together curated stalls showcasing décor, gifting, accessories and gourmet delights.

Speaking on the announcement, Girish Kamble, CEO- West, Tribeca Developers, said: “The Great Highstreet Festival is our way of celebrating the strong connection Tribeca Highstreet has built with South Pune. As the city’s most vibrant retail destination, our goal has always been to deliver experiences that go beyond shopping experiences that bring people together. This year’s campaign is a reflection of that spirit, combining exceptional retail value with the joy and togetherness that define our festive season.”

Over the next three months, The Great Highstreet Festival aims to further strengthen Tribeca Highstreet’s position as South Pune’s ultimate lifestyle and retail hub blending shopping, entertainment, and community spirit under one vibrant roof.

business

Loom Solar Expands Manufacturing and Product Line at REI 2025

Oct 30, 2025 by Neel Achary 0 Comments

Loom Solar Expands Manufacturing Footprint and Product Portfolio, Reinforcing Leadership in India’s Solar and Storage Market at REI 2025

loom solar

Greater Noida, October 30, 2025: On the opening day of the Renewable Energy India (REI) 2025 Expo, Loom Solar, one of India’s fastest-growing solar solutions manufacturing companies, unveiled its latest range of advanced solar and energy storage technologies, reinforcing its strong contribution to India’s clean energy sector. The company showcased an extensive portfolio that included TOPCon and HJT solar modules up to 730 Wp (ALMM and BIS approved), Battery Energy Storage Systems (BESS) ranging from 1 kWh to 5 MWh, and Made-in-India PV inverters available in both on-grid and hybrid variants from 3 kW to 50 kW. Together, these next-generation products mark a significant milestone in Loom Solar’s journey toward strengthening India’s renewable manufacturing ecosystem and advancing the nation’s net-zero ambitions.

At REI 2025, Loom Solar also introduced an expanded range of Battery Energy Storage Systems (BESS) designed to replace diesel generators and enhance grid stability during peak load conditions. These energy storage solutions are engineered to provide decentralised, reliable, and uninterrupted power across diverse sectors.

Loom Solar also announced its upcoming 1.2 Gigawatt (GW) Giga Factory in Uttar Pradesh, dedicated to various advanced technologies, including Heterojunction (HJT) solar cell technology, one of the most advanced and energy-efficient solar technologies globally. The upcoming facility represents a major step in the company’s vision to enhance domestic manufacturing capabilities, drive technological innovation, and contribute meaningfully to India’s “Make in India” initiative. The factory will serve as a cornerstone for the company’s expansion into high-efficiency solar production, setting new benchmarks for quality and sustainability.

Speaking on the occasion, Amod Anand, Co-Founder and Director, Loom Solar, said, “Loom Solar has always believed in building technologies that empower energy self-reliance. As India transitions to cleaner energy, our focus remains on creating advanced solar, inverter, and storage solutions that make power accessible, reliable, and future-ready for homes, businesses, and industries alike. Our upcoming 1.2 Giga Watt Factory, along with our commitment to BESS and inverter manufacturing, represents not just an expansion of scale but a roadmap toward India’s clean energy independence. The future of India’s energy landscape is decentralised, resilient, and digitally enabled — and our showcase at REI 2025 reflects this vision.”

Expanding its focus beyond the retail market, Loom Solar announced strategic growth plans for the Developer and Government segments, recognising them as key pillars in India’s renewable energy journey. In the Developer Segment, the company aims to supply its high-efficiency solar modules, inverters, and storage solutions for large-scale projects under the PM-KUSUM Scheme, catering to installations starting from 1 MW and beyond. In the Government Segment, Loom Solar seeks to collaborate with major public sector entities, including Railways, Telecom, and DISCOMs, which are currently driving the majority of solar adoption in India. This strategic focus underscores Loom Solar’s commitment to building strong partnerships that accelerate clean energy implementation nationwide.

With the Indian battery market emerging as a crucial component of the energy transition, Loom Solar also announced its Battery Energy Storage System (BESS) manufacturing expansion plan. The company aims to locally produce advanced lithium-based energy storage systems that address vital energy challenges such as grid stability, peak load management, renewable energy integration, and generator replacement. By investing in domestic battery manufacturing, Loom Solar positions itself at the forefront of India’s energy storage revolution — a sector poised to redefine the country’s renewable future.

Loom Solar’s diversified product portfolio has been thoughtfully designed to serve India’s dynamic energy ecosystem. For residential users, the company’s intelligent systems enable reliable backup and efficient peak-load management. In the commercial and industrial sectors, its solutions provide uninterrupted, cost-efficient clean energy, reducing operational expenses and grid dependency. In agriculture, Loom Solar’s solar-powered irrigation and decentralised systems are enhancing rural productivity under the PM-KUSUM program. At the utility scale, Loom Solar’s high-efficiency TOPCon and HJT panels are helping strengthen the national renewable grid and accelerate India’s energy transformation.

Loom Solar invites policymakers, developers, and industry stakeholders to visit its pavilion at REI 2025 to experience the company’s next-generation solar and storage solutions firsthand. Through continued innovation, investment, and its commitment to sustainability, Loom Solar remains dedicated to shaping a self-reliant, technology-led, and sustainable clean energy future for India.

technology

V-Guard Launches ‘Cancer Shield’ Initiative for Police Cancer Awareness

Oct 30, 2025 by Neel Achary 0 Comments

V-Guard Launches ‘Cancer Shield’ Initiative to Promote Cancer Awareness Among Police Personnel

Kochi, 30th October, 2025: V-Guard Industries Ltd., in collaboration with the Kerala Police Association and Rajagiri Hospital, launched its new CSR initiative, “Cancer Shield,” in observance of Breast Cancer Awareness Month. The program aims to promote cancer prevention, awareness, and early detection among police personnel and their families. The ceremony was held at the Kochi City Police District Training Centre at AR Camp, Marine Drive, Kochi, with Aswathy Jiji, Deputy Commissioner of Police, Kochi City inaugurating the initiative with Mithun K. Chittilappilly, Managing Director, V-Guard Industries Ltd. and Dr. Reenaa Mithun Chittilappilly presiding over the event.

Cancer continues to be one of the most serious public health challenges in India, with over 14 lakh new cases reported every year. Kerala has the highest cancer incidence rate in the country with more than 135 cases per 1,00,000 population with approximately 40,000 new cases annually. Late-stage diagnoses remain a significant concern, as nearly 60% of cases are detected only at advanced stages.

Speaking at the launch, Aswathy Jiji, Deputy Commissioner of Police, Kochi City, said: “Police personnel often neglect their own health while dedicating themselves to the safety and welfare of society. Initiatives like ‘Cancer Shield’ by V-Guard are assets as they bring quality healthcare directly to our teams”.

Speaking at the launch, Mr. Mithun K. Chittilappilly, Managing Director of V-Guard Industries Ltd., said, “This initiative is our small tribute to the Kerala Police force for their relentless service. With ‘Cancer Shield’, we hope to extend care to those who dedicate their lives to the safety of others. Early detection can save lives, and we see this as our collective responsibility.”

Dr. Reenaa Mithun Chittilappilly added, “Cancer awareness and early screening are key to saving lives. Through ‘Cancer Shield’, we aim to emphasize the importance of regular check-ups and preventive health practices, especially for individuals working under high stress.” She stated that the program underscores V-Guard’s deep commitment to supporting the health and welfare of those who protect and serve the community.

Through “Cancer Shield”, V-Guard, in partnership with Rajagiri Hospital, will organize a series of comprehensive screening and awareness camps across police quarters in Ernakulam. These camps will employ a fully equipped mobile medical bus featuring advanced mammography and ultrasound facilities.

The initiative will offer:

 Awareness sessions on cancer prevention and healthy lifestyle practices

  1.  Clinical examinations and screenings for early detection, including ultrasound breast scans for women aged 30–40 and mammograms for women above 40
  2.  Free blood sugar and blood pressure check-ups
  3.  On-the-spot reporting within 30 minutes
  4.  Medical referral and treatment facilitation for individuals requiring further care

In its initial phase, “Cancer Shield” aims to conduct 10–20 camps, reaching nearly 1,000 beneficiaries. The program intends to set a benchmark in community-oriented healthcare interventions by fostering a culture of proactive health screening and early detection.

Vinod P Varghese, District Secretary, Kerala Police Association; N V Nishanth, Vice President, Kerala Police Officers Association; Rev. Fr. Joy Kilikkunnel CMI, Director, Administration, Rajagiri Hospital, were also present at the event.

business

PNB MetLife’s 360 BIZ delivers insurance innovation

Oct 30, 2025 by Neel Achary 0 Comments

India, 30th October 2025: PNB MetLife India Insurance Company Limited (PNB MetLife), one of India’s leading life insurers, has launched 360 BIZ an innovative digital platform that simplifies group insurance and employee benefits administration for companies, while elevating the employee experience.

360 BIZ is designed for businesses of all sizes. The value of the platform lies in its easy, effortless ability to bring together what both employees and employers want  comprehensive insurance coverage and flexible employee benefits into one seamless, digital experience. The platform brings together a wide range of benefits like Group Term Life, Voluntary Group Life, Critical Illness cover for employees.

Sameer Bansal, MD & CEO, PNB MetLife, said: “PNB MetLife believes in meaningful innovation that delivers tangible benefits. 360 BIZ brings this promise to life by empowering employees while enabling organizations to manage benefits with greater speed, accuracy, and insight. By using technology to enhance the human experience, 360 BIZ bridges the gap between corporate offerings and individual needs, for informed choices, deeper engagement, and stronger financial preparedness.”

Key Features for Employers

  • Real Time Dashboards with Total Control– Manage group benefits, employees’ insurance coverage and administrative tasks effortlessly with real time dashboards
  • Employee Engagement Tools: Drive employee engagement through rewards, polls, and surveys
  • Wellness-Driven Workforce
    Promote a healthier, more resilient workforce with wellness-focused insurance and health support programs.

Key Features for Employees

  • Digital Benefits Management: Seamless access to insurance and employee benefits through a unified platform.
  • Instant Top-Up Coverage: Voluntary insurance top-ups available instantly online.
  • Personalized Recommendations: Tailored product suggestions based on life events (e.g., child’s education, retirement planning).
  • Convenient Access: All policies and coverage detail available digitally for easy tracking and updates.
  • Flexible Payment Option: Enable premium payment through Salary adjustment or online payment options e.g. Cards, Online banking, Unified Payment Interface (UPI) etc.