Category: Business

Pune (Maharashtra) [India], February 5: Pune’s real estate landscape is witnessing a remarkable milestone with My Home Upper Kharadi—a project that has garnered overwhelming interest, far exceeding the limited availability of just 143 exclusive units. With the allotment day scheduled for Saturday 8th February, token holders are all set to secure their dream homes, making this the perfect moment for aspiring homeowners to book their residences before prices rise.

#TheWAAAHLife: Where Accessibility, Amenities & Apartments Redefine Living

The project’s defining philosophy, #TheWAAAHlife, encapsulates its three core pillars:

• Accessibility – Seamless connectivity to key hubs like Viman Nagar, Koregaon Park, Lohegaon-Wagholi Road, and the upcoming metro, ring road, and Wagholi-Shikrapur flyover.
• Amenities – Over 30+ lifestyle amenities, including an exclusive 6,300 sq. ft. recreational space, 3-tier security, and an expansive grand entrance lobby.
• Apartments – Thoughtfully designed 2 & 3 BHK homes with private foyers, spacious rooms, large balconies, and walk-in wardrobes in all apartments — ensuring an unmatched living experience.
  • 2 BHK: 850 sq. ft. carpet area
  • 3 BHK Smart: 890 sq. ft. carpet area
  • 3 BHK Luxe: 1097 sq. ft. carpet area

Luxury Meets Sustainability: Green Living at Its Finest

In a pioneering move, My Home Upper Kharadi has been pre-certified by GEM with 4 gems, solidifying its status as an eco-conscious development. With 50% open spaces, efficient resource utilization, and a healthier living environment, residents benefit from:

• Up to 50% energy savings
• Up to 40% water conservation
• A 10% rebate on property tax
• Reduced maintenance costs
• Improved air quality, insulation, and noise reduction

Why Upper Kharadi? A Future-Ready Investment Destination

Upper Kharadi is emerging as Pune’s most promising location, offering:

• 32.5% property appreciation in the last 3 years with a rental yield of 3%
• Proximity to five IT parks, creating strong employment opportunities
• A well-established social infrastructure—malls, schools, and supermarkets all within 20 minutes
• Seamless connectivity via highways, metro, and arterial roads

A Visionary Collaboration: Goyal Properties & Sellability

Speaking about the success of the project, Preriit Goyal, Director of Goyal Properties, expressed:
“At Goyal Properties, our focus has always been on crafting homes that are not just spaces but experiences. The overwhelming response to My Home Upper Kharadi reaffirms our belief in creating homes that perfectly blend luxury, convenience, and sustainability.”

Goyal Properties, established in 1986, has built a legacy of trust, ethics, and excellence in real estate. With 38+ years of expertise, 31+ landmark projects, and over 10,000 happy customers, they have successfully delivered 2.8 million sq. ft. of thoughtfully designed spaces.

Abhishek Mishra, Founder & CEO of Sellability (Strategic partner) added:
“It’s exciting to witness how My Home Upper Kharadi has resonated with homebuyers. With limited units remaining, now is the golden opportunity for buyers to secure their dream home before prices rise. We take pride in bringing this exceptional project to market and ensuring its success.”

Sellability, under the leadership of Mr. Abhishek Mishra, is the strategic advisory firm for this project. With a proven track record of launching over 30 projects and selling inventory worth over ₹8000 Cr., Sellability offers comprehensive services from land acquisition and market analysis to sales and marketing execution. Their deep market insights, technological prowess, and data analytics ensure that developers and channel partners can make informed decisions and maximize returns.

Book Now Before Prices Rise!

With RERA and all necessary approvals in place, My Home Upper Kharadi is ready to welcome its residents into an elevated lifestyle. This is your final chance to secure early bird pricing before the next price revision.

Visit the experience center today and step into #TheWAAAHlife!

• Site Address – MY HOME Upper Kharadi, Gat No. 1331/2, Next to decathlon, Pune Nagar highway, Wagholi, Pune – 412207
• Contact details – +91 92255 39220
• MahaRERA Registration no. – P52100078796
• https://myhomeupperkharadi.in/

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New Delhi [India], February 05: In a historic breakthrough for artificial intelligence, India’s Decima Technologies has emerged as the world’s first company to successfully achieve Artificial Super Intelligence (ASI), surpassing global tech giants such as OpenAI, Apple, Google, DeepSeek, Meta, NVIDIA, and Microsoft, who are still striving to reach Artificial General Intelligence (AGI). This pioneering achievement has propelled Decima Technologies to a staggering valuation of $700 billion, solidifying its position as a dominant force in the AI landscape, all without using tons of GPUs and DPUs, thanks to innovation in the GPU, DPU-less computing space.

While AI leaders across the globe are racing to advance AGI, Decima Technologies has taken a quantum leap by developing and deploying ASI-driven solutions that are already revolutionizing industries. The company’s advancements are setting new benchmarks in aviation, healthcare, and AI-driven automation, reinforcing India’s position as a global leader in cutting-edge AI technology.

Pioneering ASI-Powered Innovations

Decima Technologies has unveiled a suite of groundbreaking ASI-powered platforms that redefine the future of automation and intelligence across multiple sectors including Aviation, Healthcare, Defense, Education, Agriculture and Judiciary. Few of the ASI enabled platforms are:

Northern Lights – The Future of Autonomous Airport Operations

Decima Technologies has developed Northern Lights, the world’s first ASI-based Total Airport Management (TAM ASI-DSS) platform. This SaaS-powered solution provides fully autonomous operational capabilities for both airports and airlines. With the world’s first integrated Bomb Threat Detection and Reporting System (BTDRS), it ensures enhanced security and seamless coordination between airport authorities and airline operators. The module can integrate with Social Media monitoring platforms, E-PBX Systems, Email Monitoring systems, CCTV etc. The platform enables airports and airlines to function independently with minimal human intervention, marking a new era of self-sustaining aviation operations with minimal errors.

MicroAID Rx – Revolutionizing Proactive Health Diagnostics

The company’s MicroAID Rx is the world’s first ASI-based clinical decision support  (CDS) platform, capable of conducting over 500 microscopic tests for humans and 450 veterinary tests—entirely through a microscope using fluids and tissue samples. This SaaS-driven system can predict potential futuristic diseases in under 30 seconds with an accuracy of 99.99% for almost every type of microscopic test conducted through the platform, providing unparalleled accuracy and efficiency in early diagnostics. While not a replacement for traditional lab tests, it significantly enhances early detection and precision in medical and veterinary fields, redefining the future of proactive healthcare.

AeroVoice – The First ASI-Enabled Voice Assistant for Aviation

Decima Technologies has launched AeroVoice, the world’s first ASI-powered voice assistant designed specifically for airports and airlines. This system integrates with aviation, airport, and aircraft systems in real time, offering proactive and predictive analytics, emergency management, and enhanced situational awareness. AeroVoice transforms how aviation professionals interact with voice and data, bringing real-time intelligence to the forefront of airport operations.

AeroGPT – The World’s First GPT Model for Aviation

With the launch of AeroGPT, Decima Technologies has introduced the world’s first ASI-driven GPT model tailored for the aviation industry. This model is designed to process vast amounts of aviation-specific data, offering precise insights and predictions to enhance operational efficiency, safety, and decision-making within the industry.

Over 1,000 ASI Models – A Global First

In an unprecedented milestone, Decima Technologies has successfully developed more than 1,000 ASI models, setting a new global record for AI innovation. These models are driving autonomous decision-making across multiple industries, enabling solutions that surpass human cognitive capabilities in speed, accuracy, and efficiency.

BharatwASI – India’s First ASI-Powered Chatbot

As part of its commitment to AI advancement for India, Decima Technologies has introduced BharatwASI, India’s first ASI-enabled chatbot. Designed to rival global conversational AI models, BharatwASI represents a monumental step in India’s AI ecosystem, delivering unmatched capabilities in natural language processing and contextual intelligence. The company said that it stands on its commitment to make India the ASI hub of the world.

The Power Behind ASI: A GPU and DPU-Less Revolution

Unlike conventional AI models that rely on GPU and DPU-based computing, Decima Technologies has pioneered a revolutionary GPU-less and DPU-less computing architecture, enabling unprecedented efficiency and scalability. Decima’s proprietary neuromorphic computing systems, inspired by human brain architecture, leverage optical computing, photonic processors, and memristor-based storage to dramatically enhance computing speeds and reduce energy consumption. This novel approach allows for unparalleled efficiency, lower energy consumption, and ultra-high-speed parallel processing, far surpassing conventional deep learning models.

Decima’s ASI systems achieve computational performance exceeding 100 exaFLOPS scale (floating point operations per second), an order of magnitude higher than existing AGI research models. Additionally, latency in decision-making has been reduced to less than 1 millisecond, making real-time autonomous decision-making possible on an unprecedented scale, far surpassing today’s AGI models, and Decima is on the path to reaching zettaflop capability. This unprecedented performance is made possible through a combination of silicon photonics, AI accelerators, neuromorphic chips, and quantum-assisted AI processing, ensuring real-time autonomous decision-making across multiple domains.

Decima’s ASI framework is powered by Decima Quantum ASI OS, a next-generation ASI operating system designed to optimize deep learning computations, accelerate AI workflows, and enhance self-learning capabilities through autonomous code evolution. This software stack integrates seamlessly with edge AI networks, allowing ASI-driven intelligence to function in decentralized environments, thereby eliminating bottlenecks associated with traditional cloud-based AI.

This shift away from GPU-DPU reliance ensures scalability, eliminates memory bottlenecks, and introduces self-learning neural acceleration systems, which continuously evolve with minimal human intervention. These innovations allow Decima’s ASI solutions to perform complex cognitive reasoning, self-adapt, and optimize their efficiency over time, driving truly autonomous intelligence.

Declaring 2025 as the Year of Artificial Super Intelligence

Dr. Yuvraj Kumar, the Founder and CEO of Decima Technologies, who is also the world’s first Ph.D. in AI and Quantum Computing and the world’s first Lawyer (LLB) in AI, has officially declared 2025 as the Year of Artificial Super Intelligence (ASI). He envisions a future where ASI-driven solutions will revolutionize industries worldwide, enhancing efficiency, security, and decision-making at an unprecedented scale. This landmark declaration marks a proud moment for India, solidifying its role as the leader in next-generation AI innovation. Decima Technologies proudly supports and puts forward its commitment towards Make in India, Made in Bharat  initiatives of Government of India.

Redefining AI Leadership on a Global Scale

Decima Technologies’ ASI achievements are not only a milestone for India but also a paradigm shift in the global AI industry. While other major technology firms remain focused on developing AGI, Decima has leapfrogged into the era of ASI, demonstrating the potential of fully autonomous and intelligent systems.

“Artificial Super Intelligence is no longer a concept of the future—it is a reality today, and we are leading this revolution,” said a spokesperson for Decima Technologies. “Our platforms are not just incremental improvements; they are transformative solutions that redefine the boundaries of AI. We are proud to position India at the forefront of global AI innovation.”

With its ASI-powered technologies rapidly gaining traction, Decima Technologies is now engaging with industries worldwide to drive large-scale adoption including manufacturing, pharmaceutical and robotics. As the company continues to push the frontiers of ASI, its innovations are expected to play a crucial role in shaping the future of autonomous intelligence across sectors.

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New Delhi [India], February 05: For years, businesses have been overpaying for cloud services dominated by foreign hyperscalers like AWS, Azure, and GCP. These platforms impose rigid pricing structures, hidden fees, and unpredictable costs—forcing enterprises to compromise on growth.

But India has a solution—Utho: a cloud platform built in Bharat, for the World.

Utho is not just another cloud provider; it is a cost-effective, high-performance, and scalable alternative that helps businesses reduce cloud costs by 60% instantly while delivering enterprise-grade reliability.

Why Businesses Are Choosing Utho Over AWS, Azure & GCP

There was a time when businesses, startups, and enterprises believed that a high price tag or a big brand name meant better cloud services. But today, businesses that rely on the cloud know exactly what they need—and that’s where Utho stands out.

Utho delivers exactly what businesses want from their cloud infrastructure. Unlike foreign hyperscalers that lock users into rigid pricing models, unpredictable billing, and limited flexibility, Utho is built to optimize performance, reduce costs, and offer true freedom to innovate.

Most of the hefty cloud bills from AWS, Azure, and GCP come from unnecessary compute over-provisioning, complex pricing structures, hidden egress fees, and paid customer support—all of which drive up costs without delivering real value.

Utho fills all these gaps with a transparent, business-first approach:

• 60% Cost Optimization – Achieve massive savings without compromising on performance.
• Predictable & Transparent Billing – No hidden charges, no surprise costs.
• Optimized Workloads – Migrate compute, storage, and networking resources with full control and zero vendor lock-in.
• Flexibility & Freedom – Unlike hyperscalers that limit your choices, Utho offers true customization for your cloud needs.
• No Paid Support Tiers – Dedicated, free support to help you scale effortlessly.

A Vision for Bharat: A Note from Manoj Dhanda, Founder & CTO of Utho

“Cloud technology should accelerate growth, not be a financial burden. With Utho, we are making cloud computing accessible, affordable, and future-ready for Indian businesses. As India emerges as a tech powerhouse, we need an infrastructure that supports innovation without breaking the bank. Utho is not just a cloud provider—it’s a mission to build a self-reliant digital ecosystem for Bharat. The time has come to break free from overpriced hyperscalers and adopt a cloud solution that truly belongs to us.”

Built on Open-Source, Designed for Performance & Security

Utho is India’s fastest-growing cloud platform, offering comprehensive services including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and developer-centric tools to help businesses scale without cost anxiety.

What sets Utho apart is its complete cloud stack—encompassing compute, storage, networking, security, and managed services—all under one roof.

The future of cloud computing depends on robust and scalable data centers. Utho operates with strategic partnerships with NTT, ensuring that our cloud runs on some of the most advanced data centers in India. 

These high-capacity data centers provide the backbone for our cloud infrastructure, offering low latency, high availability, and seamless scalability—giving businesses the confidence to run mission-critical applications with maximum reliability.

Comprehensive Cloud Solutions for Your Business

Utho’s cloud stack is designed for flexibility, performance, and cost efficiency, offering:

• Managed Kubernetes – Simplifies deployment, scaling, and management of containerized applications, ensuring high availability and performance.
• Managed Database (RDS) – Fully managed relational databases with MySQL and PostgreSQL support, including automated provisioning, patching, and backups.
• Compute Instances – Flexible, scalable virtual machines tailored to various workloads.
• VPC (Virtual Private Cloud) – Secure, customizable cloud networking with complete control over IP ranges, routing, and configurations.
• Security Groups – Virtual firewalls to manage inbound/outbound traffic and protect against security threats.
• WAF (Web Application Firewall) – Protects applications from cyber threats like SQL injection, XSS, and DDoS attacks.

The infrastructure is designed for high availability and reliability, capable of handling mission-critical workloads with maximum uptime.

Utho supports seamless integration with hybrid and multi-cloud architectures, allowing businesses to effortlessly incorporate existing setups.

Adopting a developer-first approach, Utho empowers developers with APIs, Kubernetes support, and CLI tools for faster build and deployment.

Additionally, AI-driven cost optimization intelligently distributes workloads to ensure maximum efficiency and reduced money wastage.

Utho as India’s own cloud platform, built for businesses that want performance, scalability, and cost efficiency—without the hyperscaler baggage.

Be a part of India’s Cloud Revolution: Utho.com

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Surat (Gujarat) [India], February 5: India’s Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, introduces significant measures aimed at bolstering the startup ecosystem, enhancing rural health and hygiene, advancing skill development, and providing substantial tax relief to taxpayers.

Startup Ecosystem Enhancement

In a landmark move, the government has abolished the ‘angel tax’ on investors funding startups. This tax, introduced in 2012 to curb money laundering, had been a significant hurdle for early-stage companies and their investors. Its removal is expected to stimulate innovation and attract more investment into India’s burgeoning startup ecosystem.

Additionally, the budget proposes the establishment of a Fund of Funds for startups, with a government contribution of ₹10,000 crore. This initiative aims to provide financial support and encourage entrepreneurial activities across the country.

Rural Health, Hygiene, and Skill Development

The budget places a strong emphasis on rural development, particularly in health, hygiene, and skill empowerment. A six-year mission to boost pulses output and a five-year mission for cotton production have been announced, aiming to enhance agricultural productivity and support farmers.

To address skill development, the government plans to establish five national skilling centers to enhance skilled manpower for manufacturing. These centers will focus on equipping the rural workforce with the necessary skills to participate in and benefit from the manufacturing sector’s growth.

Taxpayer Benefits

In a significant relief for the middle class, the budget raises the threshold of the nil tax slab for income tax payers to ₹12 lakh per annum. For salaried taxpayers, this threshold is effectively ₹12.75 lakh, considering the standard deduction. The revised tax slabs are as follows:

1. Income up to ₹4 lakh: Nil
2. ₹4 lakh to ₹8 lakh: 5%
3. ₹8 lakh to ₹12 lakh: 10%
4. ₹12 lakh to ₹16 lakh: 15%
5. ₹16 lakh to ₹20 lakh: 20%
6. ₹20 lakh to ₹24 lakh: 25%
7. Above ₹24 lakh: 30%

This restructuring is expected to boost consumer demand by increasing disposable incomes.

Conclusion

The Union Budget 2025 reflects the government’s commitment to fostering a conducive environment for startups, improving rural health and skill development, and providing substantial tax relief to taxpayers. These measures are anticipated to stimulate economic growth, enhance the quality of life in rural areas, and empower individuals through skill development initiatives.

Disclaimer: Views expressed above are the author’s own.

New Delhi [India], February 05: As the world evolves, certain individuals emerge as visionaries, disruptors, and leaders. These top 10 personalities from diverse fields—entrepreneurship, fitness, digital finance, entertainment, wellness, and media—are shaping industries, inspiring millions, and redefining what it means to lead in the modern age.

1. Ranveer Allahbadia: Redefining Content Creation and EntrepreneurshipRanveer Allahbadia, better known as BeerBiceps, is a trailblazer in the world of digital content and entrepreneurship. As the co-founder of Monk Entertainment, Level Supermind, Raaaz India, and BeerBiceps Skillhouse, Ranveer has built an empire that supports content creators, brands, and individuals in exploring their potential. His popular podcast, The Ranveer Show on Spotify, is a treasure trove of deep conversations with leading figures from various industries, ranging from business moguls to spiritual leaders.

Beyond podcasting, Ranveer’s YouTube channel delivers diverse content on fitness, fashion, finance, motivation, and self-development, inspiring millions of viewers worldwide. Through BeerBiceps Skillhouse, he is empowering the next generation of podcasters, demonstrating the transformative power of authentic storytelling.

Contribution: Teaching podcasting through BeerBiceps Skillhouse.

2. Yash Vardhan Swami: Revolutionizing Health and FitnessYash Vardhan Swami, the founder of TrainedByYVS, is at the forefront of fitness innovation, combining physical wellness with mental health. His unique approach focuses on sustainable lifestyles and mindset transformation, making fitness accessible and achievable for people from all walks of life.

Having mentored over 200 fitness coaches, Yash has created a ripple effect in the industry, empowering professionals to make a difference. His goal of impacting one million lives by 2025 is fueled by his dedication to science-backed fitness solutions, helping individuals achieve long-term health and happiness.

3. Arun Pandit: A Modern Visionary in Astrology and NumerologyArun Pandit, widely recognized as Astro Arun Pandit, is a Gold Medalist astrologer who has revolutionized traditional practices by integrating them with modern scientific approaches. Pandit’s expertise spans astrology, numerology, and Vastu, offering innovative solutions to contemporary challenges. His dedication to preserving ancient sciences while adapting them for modern audiences has earned him a global following.

Beyond his work in astrology, Pandit is a philanthropist, using his platform to support various social causes. His entrepreneurial journey is driven by a vision to make these ancient practices accessible and practical, empowering individuals to harness their potential.

Contribution: Teaching courses like Vastu, Astrology, and Numerology.

4. Honey Singh: A Global Music IconHoney Singh, known as Yo Yo Honey Singh, has redefined the music scene by blending Punjabi rhythms with contemporary beats. His journey from a session musician to a Bollywood sensation has made him an international star. His hits like Angreji Beat and Lungi Dance have dominated the music charts, earning him a place in global pop culture.

Despite facing personal challenges, including health issues and a publicized case, Singh remains a resilient figure, using his platform to raise awareness about mental health. As of 2025, he continues to be a dominant force in the music world, blending traditional and modern styles, and cementing his legacy as a cultural ambassador.

5. Jeet Shah: The Digital Marketing EducatorJeet Shah’s rise from a food delivery executive to a successful entrepreneur is a testament to his grit and determination. As the founder of Simpex School Private Limited, Jeet has trained over 100,000 individuals in digital marketing, providing them with tools to build successful careers.

Jeet’s educational initiatives extend beyond the classroom, with his YouTube channel and book, Coaching King, serving as valuable resources for aspiring entrepreneurs. His commitment to making digital skills accessible has positioned him as a leader in India’s growing digital economy.

6. Samay Raina: The Chess EntertainerSamay Raina has redefined chess as a mainstream entertainment form. His live streams featuring international grandmasters have brought the game closer to millions, making it fun and engaging for younger audiences.

Beyond chess, Samay’s comedy shows and online presence showcase his versatility as an entertainer. His ability to blend intellectual pursuits with humor has made him a unique figure in the entertainment industry, paving the way for a new genre of content.

7. Deepinder Goyal: Revolutionizing the Food Industry with ZomatoDeepinder Goyal, the visionary founder and CEO of Zomato, has transformed the food delivery landscape not just in India but globally. Under his leadership, Zomato has become a household name, offering innovative solutions like hyperlocal delivery and subscription-based dining services.

Goyal’s focus on sustainability has led to initiatives aimed at reducing food waste and promoting eco-friendly packaging. His customer-first approach and relentless drive for innovation have positioned Zomato as a pioneer in the food tech industry.

8. Smitaa Nair: Smitaa Nair’s journey is a powerful testament to perseverance and resilience. From battling personal struggles to founding Phoenix Vision Strategies, she has empowered over 90,000 people across 14 countries. With 15+ years of experience in business coaching, sales, and mindset development.

Smitaa helps entrepreneurs and startups break barriers and achieve success. Her story, shaped by overcoming depression and societal expectations, fuels her passion for guiding others. Through personalized coaching, workshops, and her book The Whole Pie, she continues to inspire transformation, teaching individuals to embrace a holistic approach to success and reach their full potential.

9. Hariram Rinwa: Reviving Ayurveda for Modern AudiencesHariram Rinwa, the founder of Ayubal Wellness and Ashpveda, is redefining Ayurveda with a modern twist. His entrepreneurial journey began in Rajasthan, where he combined traditional Ayurvedic knowledge with innovative practices to create premium health and wellness solutions.

Rinwa’s dedication to quality and authenticity has earned his brands a loyal customer base, both in India and abroad. His mission to make Ayurveda relevant for contemporary lifestyles is a shining example of how ancient wisdom can address modern challenges.

10. Sameer Satyarth: A Young Visionary in Public RelationsSameer Satyarth, the founder of Fox Wing Media LLP, began his entrepreneurial journey at just 14. Today, he is one of India’s top certified public relations professionals, offering services across 195+ countries. His company specializes in branding and media strategies, setting new benchmarks in the PR industry.

Sameer’s innovative approach to public relations has earned him widespread recognition. His dedication to excellence and his ability to adapt to the evolving needs of the digital age make him a force to be reckoned with in 2025.

These trailblazers exemplify the qualities of resilience, innovation, and leadership. As they continue to break barriers and inspire millions, their stories serve as a reminder that the future belongs to those who dare to dream big.

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Rajkot (Gujarat) [India], February 05: Ultracab (India) Limited (BSE: 538706), a leading manufacturer and exporter of electric wires and cables, has won an order of Rs. 51.06 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL).

The order is for the supply of LT XLPE cables of various sizes and will be completed by June 2025.

Nitesh Vaghasiya, Chairman & Managing Director of Ultracab (India) Limited, said, “This order by Maharashtra State Electricity Distribution Company Limited is a significant win for us and reflects the trust our customers have in our products. We are thankful to MSEDCL and look forward to completing the order on time.”

Founded in 2007, Ultracab is a Gujarat-based manufacturer and exporter of high-quality electric wires and cables, serving domestic, industrial, solar and elevator applications. Renowned for reliability, the company leverages advanced technology and rigorous quality control to ensure superior products. Its diverse portfolio includes domestic cables (house wires, PVC/XLPE power cables), international cables (auto cables, welding cables), and specialised cables (super flat, elevator and solar cables).

Key Highlights:

• Ultracab (India) Limited has won a Rs. 51.06 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
• The order is expected to be completed by June 2025.
• Ultracab’s shares saw a nearly 4% rise, reaching Rs. 15.55, with an intraday high of Rs. 17.52 with high volume. Market cap reached Rs. 201.80 crore.
• Revenue increased by 159.5% to Rs. 57.24 crore, and profit increased by 64.6% to Rs. 2.70 crore compared to the same quarter last year.
• A Rs. 4,981 lakh Rights Issue is currently open for subscription, closing on February 11.

Ultracab’s clients include leading corporates like Tata Group, Adani Group, Jindal Group, Vedanta Group, and various public sector undertakings such as the Indian Railways, Engineers India, Power Grid Corporation, SAIL, Bharat Petroleum, Mangalore Refinery and Petroleum, Nuclear Power Corporation of India Limited, Bharat Heavy Electricals Limited, and more.

Ultracab has a state-of-the-art manufacturing facility at Shapar in Rajkot and remains committed to excellence and innovation in the cable industry. In addition to India, the company’s products are also sold in the US, the UK, UAE, Africa, Singapore, South Korea, Vietnam, Belgium, Uganda, etc.

MSEDCL is one of the largest power distribution companies in India and serves more than 2.70 crore customers throughout Maharashtra and a few suburbs of Mumbai city.

Ultracab’s shares were trading at Rs. 15.55 on Wednesday, up by nearly 4% over the previous close of Rs. 14.99. The shares touched a high of Rs. 17.52 in intraday trades. The company’s market cap rose to Rs. 201.80 crore.

Ultracab recently reported robust numbers for the third quarter of the financial year 2024-25. Its revenue was up by 159.5% to Rs. 57.24 crore in the December 2024 quarter as against Rs. 22.05 crore in the same quarter of the previous year. Profit for the quarter was Rs. 2.70 crore, an increase of 64.6% over Rs. 1.64 crore in the same quarter last year. The company’s Rights Issue of Rs. 4,981 lakh is open for subscription and will close on February 11.

Ultracab (India) Limited:

Founded in 2007, Ultracab (India) Limited, based in Rajkot, Gujarat, is a leading manufacturer and exporter of high-quality electric wires and cables. The company offers a wide range of products, including domestic, international, and specialized cables. With a state-of-the-art manufacturing facility and a commitment to innovation and quality, Ultracab serves industries across India and globally, including markets in the UK, UAE, and Africa.

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New Delhi [India], February 4: The wait is over, and the numbers are in. Finance Minister Nirmala Sitharaman has presented the Union Budget 2025, and now the real analysis begins. Across boardrooms and startup hubs, industry leaders are dissecting the budget’s details, assessing its potential to shape the economic landscape. Here’s a snapshot of what some of the most influential voices in business are saying about the budget’s promises and potential pitfalls.

 Harsh Goenka, Chairman, RPG Group

Just like the men in blue, FM Sitharaman has announced a Champions budget that Deep(ly) Seeks to institute structural reforms, Trump’s consumption woes, putting money in the hands of the middle class. India does a ‘shahi snan’, cleansing itself from structural issues and transforming towards a truly Viksit Bharat.

Dilip Oommen, CEO of ArcelorMittal Nippon Steel India (AM/NS India)

The Union Budget sets a bold course for an ‘Atmanirbhar Bharat’, demonstrating the Government’s commitment to sustainable growth under the Viksit Bharat@2047 agenda. With ₹11.21 lakh crore allocated for capital expenditure, the focus on infrastructure will stimulate growth, especially in the steel sector. Actual spending from the committed outlay within the financial year will set the tone for immediate and future economic growth.

The overall focus on renewable energy is a commendable step. The additional focus on Nuclear Energy, with a target of 100 GW by 2047, is a decisive step in India’s green energy transition. This will help drive the country’s green transformation and the steel industry.

The steel sector also stands to benefit from indigenous shipbuilding and marine development projects and enhanced credit availability for MSMEs, which will give them access to financing for businesses involved in the construction and manufacturing sectors.

 CA Harishankar Tosniwal, Managing Partner, H Tosniwal & Co.

The budget focuses on rural development under the vision of “Vikshit Bharat” and provides significant relief to the middle class. Investor participation has increased by 33%, with mutual fund investors rising from 2.9 crore in 2021 to 5.6 crore in December 2024. MSMEs benefit from increased turnover and capital investment limits. The extension of startups’ eligibility for benefits to 2030 fosters innovation. Simplified TDS and TCS provisions are indicative of a straightforward Income Tax Bill. Overall, this budget drives economic growth, fosters innovation, and strengthens India’s financial landscape for a prosperous future. I see this as an uplifting budget for our country; India has been growing, and it’s time to outgrow it.

Pallavi Jha, Chairperson & MD, Walchand PeopleFirst and Dale Carnegie India

“The FY25 Union Budget focuses ambitiously on energy, skilling, and employment, with a Rs 500 crore allocation for Centres of Excellence to address rising unemployment. However, this funding remains insufficient to meet the needs of India’s large demographic dividend. The sluggish uptake of existing programs like the PM Internship Scheme highlights the critical need for structural reforms to drive implementation and quality assurance and prevent creating another layer of mediocre training providers. While the focus on agriculture and manufacturing aligns with India’s long-term growth imperatives, these interventions risk becoming short-term electoral gestures rather than solutions to deep-rooted structural challenges.

Malavika Kaura Saxena, CMO, Rusan Pharma

The scale-up of Cancer Care centres in Budget 2025 is a transformative step toward improving accessibility and easing the burden on overstretched healthcare infrastructure. We urge policymakers to ensure these centres integrate pain management and palliative care, which are critical to holistic cancer treatment. The tax exemptions for life-saving drugs and rare disease therapies are a move in the right direction, as they will enhance affordability and availability for patients. These measures align with Rusan’s mission to prioritize patient-centric, accessible healthcare solutions. Rusan Pharma remains committed to supporting initiatives that bridge gaps and foster equitable health outcomes.

Rajesh Bharatiya, CEO, Peoplefy

In the Union Budget 2025, the Finance Minister announced the creation of a national framework to promote Global Capability Centres in Tier II cities. This is a much-needed and welcome move that will facilitate the necessary infrastructure development and employment generation in these cities. A large number of global companies have yet to establish such capability centres. Our central and state governments will continue to take a proactive approach to bring them to India. As of 2024, India has over 1,700 employees, and it employs nearly 1.9 million professionals. The GCC sector can easily add another 5 lakh jobs in India in the next 2-3 years.

Prateek Tosniwal, Partner at MICS International, Founder at IVY Growth Associates

The 2025 budget is a multi-pronged approach to boosting India’s economy and empowering its citizens. Abolishing the ‘angel tax’ and creating a Rs 10,000 crore Fund of Funds will ignite the startup ecosystem. Simultaneously, missions for pulses and cotton, along with five new skilling centres, demonstrate a commitment to rural development and workforce enhancement. Substantial tax relief, with the nil tax slab raised to Rs 2 lakh, puts more money in the hands of taxpayers, fueling consumption. These measures, focusing on innovation, agriculture, skills, and tax relief, aim to drive sustainable growth and improve the lives of all Indians.

Dr. Manish Doshi, Founder & MD, Concept Medical Group of Companies

The Union Budget 2025 marks a significant step towards strengthening India’s healthcare ecosystem, particularly for the Medtech, medical device, and pharmaceutical industries. The government’s decision to exempt 36 life-saving drugs from basic customs duty and bring six essential medicines under a concessional 5% duty is a commendable move, ensuring affordability and accessibility of critical therapies for millions. This will not only ease the financial burden on patients but also encourage the domestic manufacturing of advanced medical solutions.

Furthermore, the initiative to establish National Centers of Excellence for Skilling in collaboration with global experts is a visionary approach. In an era where technology-driven healthcare is rapidly evolving, a skilled workforce is crucial. By addressing industry challenges such as staff burnout and caregiver shortages, these centres will help bridge the talent gap, fostering a more sustainable healthcare system. Combined with incentives for research and development, these measures will undoubtedly propel India towards becoming a global leader in medical innovation and self-reliance in healthcare technology.

At Concept Medical, we welcome these progressive policies that align with our mission of pioneering transformative medical technologies. With a well-balanced focus on accessibility, affordability, and innovation, this budget is a major leap forward in shaping a robust Medtech and pharma landscape for the future.

Manan Choksi, CEO, Udgam Consultancy

Connecting all Govt schools with Broadband, 50,000 Atal Tinkering Labs, and an outlay of Rs. 500 Cr for AI COE is welcome. Smart classes will be cheaper thanks to a reduction in duty on LED components. Overall, it is a great budget for education!

Richank Tiwary, Co-Founder, Mediatronics Group

The 2025 budget emphasizes a strong commitment to media growth, acknowledging its critical role in shaping public opinion, education, and the economy. Key investments are being made to support digital media innovation, promote local journalism, and ensure media diversity. A focus is also placed on ensuring responsible media practices, combating misinformation, and fostering a balanced and independent press. The government’s vision is to foster a vibrant media landscape that remains resilient, transparent, and adaptive to technological changes, ensuring all citizens have access to reliable, high-quality information in an increasingly digital world.