Category: Business

  • Ratul Puri led Hindustan Power Receives MoEF Clearance for Proposed 2×800 MW

    Ratul Puri led Hindustan Power Receives MoEF Clearance for Proposed 2×800 MW

    Ratul Puri, Chairman of Hindustan Power

    New Delhi [India], May 1: Hindustan Power, one of India’s leading integrated power producers, has received environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEF) for its proposed 2×800 MW transitional power project at Anuppur in Madhya Pradesh. The approval marks a significant milestone for the execution of the second phase for the company’s Anuppur power plant. Post this nod, the transitional energy power project will now proceed to the next stage, which includes detailed engineering and execution planning, subject to applicable approvals. 

     Hindustan Power had commissioned the first phase of the project – aggregating to 1,200 MW – between 2015 and 2016. The project has since played an important role in boosting the region’s power infrastructure with long-term capacity creation.  

    Ratul Puri, Chairman at Hindustan Power, while speaking about this development mentioned: “We are pleased to receive the necessary approval for the proposed 2x800MW project from MoEF. The Anuppur project represents a significant portion of our portfolio and we now aim for the timely and successful completion of Phase II that will significantly increase our overall capacity.”

    Ratul Puri added, “The ambitious Anuppur project reflects our commitment to support India’s power infrastructure and economic growth. Reliable transitional energy continues to play a critical role in ensuring stable supply, meeting rising demand and strengthening the country’s long-term energy security.”

    Ratul Puri emphasized, “As energy transition gains momentum, state of the art projects like the one in Anuppur, with utmost regard for environment safety, will play an important role in the overall energy mix. Such projects are also critical for maintaining grid stability to tackle any variability as the share of renewables steadily increases.”

    Hindustan Power entered India’s bustling thermal energy sector in 2008. The company developed a 1,200 MW (2×600 MW) coal-based plant in Anuppur, Madhya Pradesh, with both units commissioned in 2015 and 2016. 

    About Hindustan Power: 

    Hindustan Power is a leading integrated power generation company in India with a focus on renewable and transitional energy generation. With a commitment to sustainability and innovation, the company has been an active contributor to India’s energy transformation. 

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  • Building With Intent: The Quiet Rise of Kalyan Sangavarapu in Hyderabad’s Evolving Infrastructure Landscape

    Building With Intent: The Quiet Rise of Kalyan Sangavarapu in Hyderabad’s Evolving Infrastructure Landscape

    Hyderabad (Telangana) [India], May 1: In a city defined by rapid expansion and relentless construction, few narratives stand out for their restraint and clarity of purpose. Kalyan Sangavarapu, Managing Director of Silver Star Infra Contract & Developers, represents a distinct voice within Hyderabad’s infrastructure ecosystem one that places equal emphasis on execution, environmental sensitivity, and institutional navigation. His journey reflects not a pursuit of scale alone, but a considered effort to redefine how urban spaces are imagined and delivered.

    Foundations Rooted In Experience

    Kalyan’s entry into the construction sector was neither incidental nor purely opportunistic. It emerged from a sustained engagement with on-ground realities, where early exposure to project execution shaped his understanding of the industry’s operational complexities. This hands-on beginning laid the groundwork for what would become Silver Star Infra Contract & Developers, a firm built on the principles of quality, accountability, and long-term value creation.

    At a time when infrastructure growth in Hyderabad accelerated alongside policy and administrative evolution, Kalyan identified a critical gap. Construction, he observed, was as much about navigating systems as it was about building structures. His parallel expertise in liaisoning, often an overlooked yet decisive aspect of project delivery, became a defining strength, enabling smoother approvals and timely execution.

    The Strategic Role Of Liaisoning

    Within India’s layered regulatory environment, liaisoning is not merely procedural but strategic. Kalyan has developed a nuanced understanding of administrative frameworks, enabling effective coordination with government departments and senior offices responsible for approvals and clearances. This capability has allowed projects under Silver Star Infra to move with greater predictability, reducing delays that often hinder the sector. By aligning compliance with execution timelines, liaisoning becomes an integral extension of project management rather than a separate function, reinforcing both efficiency and credibility.

    A Differentiated Approach To Development

    Silver Star Infra operates at the intersection of construction, contracting, and regulatory facilitation. Yet its distinguishing feature lies in its approach to development. Rather than treating sustainability as an afterthought, the firm integrates eco-conscious planning into the earliest stages of design and execution. Green spaces, open layouts, and environmentally responsive elements are not aesthetic additions but structural considerations.

    This integrated model has resonated with a diverse clientele, including individual property owners, developers, and businesses seeking reliability in both construction quality and administrative processes. In an industry often marked by fragmentation, the ability to offer end-to-end solutions spanning execution and approvals has contributed to the company’s steady reputation.

    Navigating Challenges With Clarity

    Balancing construction demands with sustainable practices presents inherent tensions. Cost pressures, regulatory complexities, and evolving environmental expectations require a calibrated approach. For Kalyan, these challenges have been instructive rather than limiting. By fostering strong relationships across administrative networks and adopting practical, scalable eco-friendly solutions, he has managed to align efficiency with environmental responsibility.

    The emphasis has remained consistent: deliver projects that meet structural standards while also contributing to a broader ecological context. This dual focus has not only ensured timely completions but also reinforced client trust, reflected in repeat engagements and referrals.

    Leadership Shaped By Continuity And Vision

    Kalyan’s leadership style is marked by direct involvement and disciplined oversight. Rather than delegating responsibility at a distance, he remains actively engaged in project lifecycles, ensuring alignment between intent and outcome. This continuity has allowed Silver Star Infra to maintain operational consistency even as it expands its scope.

    Looking ahead, his vision extends beyond incremental growth. The aim is to position the company as a credible force in green and sustainable construction, capable of undertaking larger and more complex projects without compromising its foundational principles. Expansion, in this context, is not merely about scale but about deepening impact.

    Towards A More Considered Built Environment

    As Indian cities continue to evolve, the conversation around infrastructure is gradually shifting from quantity to quality, from speed to sustainability. Within this transition, practitioners like Kalyan Sangavarapu offer a grounded perspective one that recognises the importance of durability, regulatory alignment, and environmental stewardship.

    His journey underscores a broader insight: that meaningful development is not defined solely by what is built, but by how it is conceived and sustained over time. In an industry often driven by immediacy, this measured approach may well shape the contours of a more responsible urban future.

  • India-Origin World Premium Strengthens Its Presence as A Creator-Led Video-Sharing Platform Under CEO Grishhya Suresh

    India-Origin World Premium Strengthens Its Presence as A Creator-Led Video-Sharing Platform Under CEO Grishhya Suresh

    New Delhi [India], April 30: As the digital content space continues to evolve, India-origin video-sharing platform World Premium is building a structured ecosystem focused on creators, content quality, and long-term growth. The platform operates under the leadership of CEO Grishhya Suresh, who is guiding its development towards a scalable and creator-oriented model.

    World Premium is designed as a modern video-sharing platform where users can create, upload, and engage with short & long form video content. The platform seeks to offer more than just visibility by enabling creators to connect with audiences in a more consistent and meaningful way.

    With a focus on delivering a refined user experience, the platform emphasizes curated content, structured discovery, and ongoing creator support. This approach allows both new and experienced creators to find opportunities for growth within a balanced and accessible digital environment.

    An important component of World Premium is its built-in advertising framework, developed as part of its internal ecosystem. This feature aims to simplify how brands collaborate with creators by enabling direct engagement and improving transparency in monetization. Through this system, creators can access additional revenue streams, while brands are able to reach audiences with greater precision.

    The platform has been developed under Singhaniya Royal Group (SRG), founded by entrepreneur Rudrana Singh. While the foundation of the platform has been established at the group level, its ongoing development and execution are being actively led by CEO Grishhya Suresh.

    Speaking about the platform’s direction, Grishhya Suresh said,
    World Premium is being built as a video-sharing platform where creators can grow beyond basic visibility and access real opportunities. Our focus is on building a dependable digital ecosystem that supports creators and contributes to the evolving digital landscape.

    Currently available on leading mobile platforms such as the Google Play Store and App Store, World Premium is steadily expanding its reach, content offerings, and creator network.

    Looking ahead, the platform is exploring expansion into news, digital media, and additional content segments, aiming to evolve into a comprehensive content ecosystem. Industry observers believe that platforms adopting a creator-first approach, combined with innovation and transparency, could play an increasingly important role in India’s growing digital economy.

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  • Mitsu Chem Plast Limited Honoured to Be Part of Arjo’s Clinicia Bed Series Launch at IDC, IIT Mumbai

    Mitsu Chem Plast Limited Honoured to Be Part of Arjo’s Clinicia Bed Series Launch at IDC, IIT Mumbai

    New Delhi [India], May 1: Mitsu Chem Plast Limited (BSE: 540078), one of the leading manufacturer of polymer-based moulded products, was honoured to participate in a special exhibition event organised by IDC, IIT Mumbai, celebrating the success story of Arjo’s Clinicia Bed Series – a world class healthcare product where exceptional ergonomic design meets precision engineering and innovation in every detail.

    About the Event:

    The exhibition brought together all organisations and individuals whose contributions were instrumental in bringing the Clinicia Bed Series to life. Each contributor was personally recognised and appreciated for their role in this remarkable project. For Mitsu Chem plast Limited, this recognition has further strengthened its visibility among industry leaders, leading academic institutions and global innovators in the healthcare space.

    Arjo Clinicia Bed Series – Redefining Healthcare Furniture:

    The Arjo Clinicia Bed Series is a benchmark in modern healthcare furniture, designed with a meticulous focus on ergonomics, patient safety and operational efficiency. The product stands out for the intelligence embedded in its smallest details, making it a truly world class offering that sets new standards in the global healthcare industry.

    A Strategic Global Alliance with Arjo:

    Mitsu Chem plast Limited holds a Global MoU with Arjo – a long-standing partnership built on trust, quality and a shared commitment to excellence. This collaboration has opened doors to international markets and advanced technology integration, reinforcing Mitsu Chem plast’s position as a preferred partner for global healthcare innovators.

    Commenting on this prestigious recognition, Mr. Sanjay Dedhia, Managing Director of Mitsu Chem plast Limited said, “We are truly proud to have been part of this extraordinary project. The Clinicia Bed Series is a product that reflects the finest in design thinking, ergonomic intelligence and global healthcare innovation. Being recognised at an event of this stature, organised by IDC, IIT Mumbai, is a testament to the quality and commitment that Mitsu Chem plast brings to every partnership. Our global association with Arjo continues to be a source of great pride and we look forward to building on this collaboration for years to come. We extend our sincere gratitude to Arjo President Mr. Chander Tahilani, Director Mr. Samit Kamat and entire Arjo team, Professor Avinash Shende, Professor Purba Joshi and the entire IIT Mumbai team for the invitation and warm courtesy for this recognition – it truly means a great deal to all of us at Mitsu Chem plast.”

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  • MATEXIL Showcases Strong Presence at Techtextil Frankfurt 2026

    MATEXIL Showcases Strong Presence at Techtextil Frankfurt 2026

    New Delhi [India], April 30: MATEXIL (Manmade Fibre & Technical Textiles Export Promotion Council) participated in Techtextil Frankfurt 2026, held from April 21 to 24, with a strong delegation of 40 Indian companies representing the diverse and growing capabilities of India’s technical textiles sector.

    Inauguration of India Day

    On the opening day, the India Pavilion was inaugurated by Shri T.G. Bharath, Hon’ble Minister for Industries & Commerce, Food Processing, Government of Andhra Pradesh, in the esteemed presence of Ms. Shuchita Kishore, Consul General of India in Frankfurt; Ms. Vrunda Manohar Desai, Textile Commissioner; Ms. R. Lalitha, Textile Commissioner, Government of Tamil Nadu; and Ms. Richa Gupta, Director, Ministry of Textiles, along with exhibitors and distinguished guests.

    “India Day”

    On the evening of April 21, MATEXIL organized an “India Day” which received an overwhelming response.

    The event witnessed enthusiastic participation from exhibitors, international buyers, academicians, and representatives from leading universities and research institutions, highlighting the global interest in India’s technical textiles ecosystem.

    The presence of senior government officials, including Ms. Vrunda Manohar Desai, Textile Commissioner, Government of India; Ms. R. Lalitha, Textile Commissioner, Government of Tamil Nadu; and Ms. Richa Gupta, Director, Ministry of Textiles, underscored the importance of the event and reaffirmed the Government’s continued support to the sector.

    Shri Shaleen Toshniwal, Chairman, MATEXIL, said

    “MATEXIL has had a very successful participation at Techtextil Frankfurt 2026. Despite ongoing global challenges, Indian exhibitors have reported satisfactory engagement and have been able to establish meaningful contacts with reputed international buyers. This reflects the resilience and competitiveness of the Indian technical textiles industry.”

    He further added

    “India is steadily emerging as a prominent player in the global technical textiles market, driven by its strong manufacturing base, skilled workforce, cost competitiveness, and growing emphasis on innovation and sustainability.”

    Participants at the exhibition expressed satisfaction with the quality of business interactions and the opportunities to explore collaborations, joint ventures, and long-term partnerships.

    MATEXIL’s participation at Techtextil Frankfurt 2026 has once again reinforced India’s position as a reliable sourcing destination and a key contributor to the global technical textiles value chain.

    The Chairman, MATEXIL, expressed his confidence that with continued policy support from the Government, industry collaboration, and growing global recognition, India’s technical textiles sector is well poised to scale new heights in exports, innovation, and international partnerships in the years ahead.

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  • greytHR Launches GPS Live Tracking for Field Attendance Verification

    greytHR Launches GPS Live Tracking for Field Attendance Verification

    New Delhi [India], April 30: greytHR, India’s leading full-suite HRMS platform, today announced the launch of GPS Live Tracking — a new attendance capability that helps organisations verify field attendance through work–hour–bound, privacy-first location tracking.

    greytHR currently serves over 34,000 organisations across 25+ countries, managing 3.2 million+ employees and processing more than USD 23 billion in payroll annually across India, the Middle East, and Southeast Asia.

    Beyond Punch-In. Beyond Punch-Out.

    Traditional attendance systems capture when employees start and end their day — nothing in between. GPS Live Tracking fills that gap by building a transparent, auditable timeline of the workday: geo-tagged sign-ins and sign-outs, location-based check-ins, movement during working hours, and automatic logging of GPS or connectivity gaps.

    Critically, tracking begins only after sign-in and stops at sign-out. No background monitoring. No always-on location access.

    “GPS Live Tracking is designed for attendance verification — not surveillance,” said Girish Rowjee, Co-founder and CEO, greytHR. “By limiting tracking to working hours and making it fully consent-driven, we help organisations improve transparency, reduce attendance disputes, and build trust with their field teams.”

    Built In. No Hardware Required.

    The feature is native to the greytHR attendance module and mobile app, requiring no additional hardware or third-party integrations. Employees, managers, and HR teams all get visibility into the same chronological activity timeline.

    Key capabilities:

    • Geo-tagged sign-in and sign-out
    • GPS tracking –  scoped strictly to working hours
    • Chronological activity timeline
    • Automatic logging of GPS and connectivity gaps
    • Shared visibility for employees, managers, and HR

    GPS Live Tracking is purpose-built for field sales teams, service engineers, delivery and logistics staff, relationship managers, healthcare field workers, and other distributed roles.

    About greytHR: 

    greytHR is a full-suite HRMS platform designed to automate and simplify complex, recurring, and critical HR and payroll functions, ensuring compliance and security. With over 50 tools, greytHR offers ‘Hire-to-Retire’ solutions for People Operations, including advanced modules for recruiting, onboarding, engaging, paying, appraising, retaining, and retiring employees. The platform also leverages AI-driven analytics and recommendations to enhance employee engagement throughout the entire employee lifecycle.

    Trusted by CFOs and loved by CHROs, greytHR serves businesses of various sizes and is adaptable across industries like manufacturing, SaaS, healthcare, hospitality, education, and retail.

    As India’s leading HRMS and payroll provider, greytHR is rapidly expanding in the MEA and SEA regions, offering world-class Made-in-India software solutions to emerging markets. The company proudly serves over 34,000 clients, managing 3.2 million+ employees across 25+ countries.

    At the heart of greytHR’s success is its commitment to its people. Recognized as a Great Place to Work®, the company demonstrates its dedication to building a high-trust, high-performance workplace where employees are valued, empowered, and motivated to do their best work.

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  • India’s Tradable Carbon Market Launches in Months | MMCM Has Been Bridging the Automotive Gap Since Day One

    India’s Tradable Carbon Market Launches in Months | MMCM Has Been Bridging the Automotive Gap Since Day One

    New Delhi [India], April 30: India’s carbon market has moved past the stage of policy announcements. As of fiscal year 2025–26, compliance obligations under the Carbon Credit Trading Scheme are in force for approximately 490 entities across seven energy-intensive sectors, following the notification of greenhouse gas emission intensity targets by the Ministry of Environment, Forest and Climate Change. At the Bharat Electricity Summit 2026, Union Power Minister Manohar Lal confirmed that formal trading in India’s domestic carbon market will begin within the next four months, with the Indian Carbon Market Portal already live for registration and verification.

    For industries inside the nine notified sectors, the compliance clock is running. For the automotive value chain, the relevant question is more specific: where do vehicle lifecycle emissions fit into this market, and that connection has been built by MMCM since before the Indian Carbon Market had a trading date.

    The Automotive ESG Journey Has One Chapter Left Unwritten

    India’s automotive sector has made genuine progress across the production and operational stages of its emissions footprint. OEMs have invested in cleaner manufacturing. Fleet operators are working through the transition to lower-emission vehicles. Fuel efficiency standards have tightened across categories. These are real and documented improvements.

    What has not been closed is the final stage. When a vehicle reaches the end of its operational life, its embodied carbon either gets documented through a formal scrapping process or it exits the record entirely. For vehicles processed outside registered scrapping channels, it exists without a trace.

    The Scale of What Goes Undocumented

    A NITI Aayog report titled “Enhancing Circular Economy of ELVs in India” has warned that end-of-life vehicles in India could double to nearly 50 million by 2030, posing serious safety, pollution, and waste-management risks. That volume represents vehicles whose decommissioning-stage emissions carry no verification, no registry entry, and no pathway into any carbon accounting framework, regardless of how efficiently the vehicle was scrapped.

    The NITI Aayog report also notes a persistent informal scrapping sector that operates at lower costs and offers attractive bids to vehicle owners, pulling vehicles outside any formal documentation channel.

    Why Existing Carbon Frameworks Did Not Fill This Space

    Carbon accounting in the automotive industry has historically concentrated on Scope 1 and Scope 2 emissions, where operational control makes measurement tractable. Scope 3 is harder across every category, but the end-of-life stage presents a specific challenge: it requires per-vehicle data, third-party verification, and a methodology capable of producing credits that survive audit scrutiny at the individual transaction level.

    What MMCM Built Before the Market Existed

    When MMCM developed its ELV carbon credit methodology, India had no live carbon market portal, no approved voluntary offset methodologies, and no confirmed trading timeline. The legislative foundation existed through the Energy Conservation Amendment Act of 2022, but the operational infrastructure that would give credits their market value had not yet been built.

    Working without a pricing signal or a compliance requirement to design around, MMCM approached the methodology from a different starting point: what would make a credit genuinely verifiable, not just technically valid under whatever norms eventually emerged.

    Why the CCTS Opening Makes This Relevant Now

    The CCTS compliance mechanism is set to initially cover over 700 million tonnes of CO2e, placing India among the world’s largest emissions trading systems. The nine sectors carrying binding emission intensity targets include steel, aluminium, cement, petrochemicals, and petroleum refining. These are industries that run through the automotive value chain, not beside it. Automotive enterprises carry supply chain exposure to CCTS-obligated sectors, whether or not they are directly regulated themselves.

    The Voluntary Offset Mechanism Opens a Direct Entry Point

    For automotive companies outside the nine compliance sectors, the voluntary offset mechanism is the relevant pathway. This is where ELV carbon credits function as a documented, per-vehicle contribution to a measurable emissions reduction, one that closes the Scope 3 accountability gap that currently sits unaddressed in most enterprise ESG disclosures.

    The stakeholders across the automotive value chain engage with this differently, but the underlying function is consistent across all of them.

    • OEMs can extend sustainability disclosures to cover actual product lifecycle closure
    • Logistics operators can connect carbon credit generation directly to fleet decommissioning cycles
    • BFSI institutions can address financed emissions exposure through per-vehicle ELV credits tied to specific loan records

    What That Means for Credit Quality at the Point of Purchase

    From August 2022 to July 2025, about 3,50,500 vehicles were actually scrapped at registered facilities, representing just under 3% of eligible vehicles. The gap between that number and the eligible vehicle population represents emissions that currently have no documentation, no registry entry, and no market value. 

    The automotive sector has spent years closing emissions gaps at the manufacturing and operational stages. The decommissioning stage is the one that remained open the longest and attracted the least attention. The mid-2026 trading launch completes an infrastructure that the automotive sector can now plug into at the said stage, which has never had a formal accounting home. 

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