Tag: Business

Bengaluru (Karnataka) [India], February 07: Kennametal India Limited (KIL) reported its second quarter FY25 results (ended December 31, 2024), with sales increasing year over year, while Profit Before Tax (PBT) was 3% lower over the same quarter last year.

Sales were ₹ 2870 Mn, 6% higher as compared to ₹ 2708 Mn in the same quarter last fiscal year. Profit Before Tax (PBT) was ₹ 324 Mn, 3% lower as compared to ₹ 334 Mn in the same quarter last fiscal year. Despite signs of softening in the Indian economic environment, especially the Transportation sector, overall sales were strong from both the Hard Metals and Machine Tools segments.

Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, KIL said,

“While our topline grew amidst a slowing momentum in the industry, we witnessed a marginal decline in profitability over a strong base, mainly due to product mix. We continue to focus on volume growth across segments by enhancing customer value through complete solutions, innovative products and on time delivery support.”

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Pune (Maharashtra) [India], February 06: Mealawe, a pioneering food-tech company, has raised $1 million in funding from a mix of Foreign Direct Investment (FDI), a network of Shark Tank founders, and angel investors associated with companies such as Goldman Sachs and Oracle. This funding will drive the company’s expansion into 14 cities over the next 10-12 months, with a target of delivering 1 million meals per month. Currently operational in Pune, Bangalore, Mumbai, and Kota, Mealawe is steadily building a nationwide presence.

Since its launch in October 2022 under Climbing Seeds Pvt Ltd, Mealawe has grown rapidly, delivering over 30,000 meals monthly. The new capital will be used to scale operations by expanding women-led kitchens, strengthening corporate cafeteria solutions, and deepening partnerships for organic ingredient sourcing. The company’s growth trajectory and expansion plans will be underscored with a focus on scaling operations and market expansion.

Founded by Rupesh Kumar, along with co-founders Pratap Haldar and Nikhil Jain, Mealawe began as a platform connecting home chefs with customers, providing nutritious, homemade-style meals. As it scales, Mealawe is integrating home chefs and women from the workforce into a structured kitchen model, creating economic opportunities while maintaining the essence of homemade food.

To ensure high-quality, nutritious meals, Mealawe directly sources organic kitchen essentials such as Bilona Ghee, Wood-Pressed Oils, and Organic Masalas by partnering with farmers, ensuring both better food quality and sustainable agricultural practices.

Beyond meal delivery, Mealawe has developed a corporate cafeteria management platform that allows businesses to provide high-quality meals without operational complexities. For smaller companies that lack physical cafeteria spaces, Mealawe offers a virtual cafeteria solution, ensuring seamless meal access for employees.

Rupesh Kumar, Founder of Mealawe, stated: “Our mission is to bridge the gap in daily food access for corporate employees, students, senior citizens, and more. By focusing on organic ingredients, women-led kitchen setups, and innovative corporate solutions, we are building a sustainable ecosystem that benefits both customers and home chefs.”

With a technology-driven approach, a focus on sustainability, and a commitment to redefining daily food solutions, Mealawe is emerging as a leader in India’s fast-growing food-tech sector. By making healthy, homemade food accessible at scale, the company is poised to transform how millions of Indians eat every day.

For more information, please contact:

Rupesh Kumar
Email: rupesh@mealawe.com
Website: order.mealawe.com

About Mealawe

Mealawe is a leading food-tech platform that connects home chefs with customers, offering fresh, homemade meals through subscription plans, on-demand orders, and corporate catering. Operating under Climbing Seeds Pvt Ltd, Mealawe is committed to nutritious meals and direct sourcing of organic kitchen essentials from farmers. The company also provides corporate cafeteria management solutions, including virtual cafeterias for small businesses.

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Surat (Gujarat) [India], February 06: Shree Ramkrishna Exports (SRK), a global leader in natural diamond crafting and exports, has set a new benchmark in sustainability by achieving a 34% reduction in greenhouse gas (GHG) emissions per carat compared to the global industry average.

This achievement, announced on International Reducing CO2 Emissions Day, which is celebrated on January 28 every year, has been independently verified and validated by Deutsch Quality Systems (India) Private Limited, a renowned ISO certification body, ensuring compliance with international standards such as the Greenhouse Gas Protocol, ISO 14064 and ISO 14067.

As of November 2024, SRK recorded emissions of just 70.49 kgCO2e per carat of natural diamond, setting a significant benchmark. It is now focused on further reducing emissions by expanding the use of renewable energy, particularly solar power, across its facilities.

SRK, known for its innovative approach and commitment to sustainability, operates with a “cradle-to-grave” strategy that covers every stage of the diamond lifecycle — from raw material extraction to the end-of-life phase. This comprehensive effort positions SRK as a pioneer in driving environmentally responsible practices within the diamond industry.

Dr Nirav Mandir, Chief Human Capital & Sustainability Officer at SRK, said, “We are committed to creating a positive and lasting impact, not just for our business but for the global natural diamond industry. By addressing Scope 1 and Scope 2 emissions and now targeting Scope 3, we are building a sustainable future that will benefit both our industry and the planet.”

In May 2024, SRK was recognised as the world’s first company to operate with Net-Zero Energy, which was achieved by the adoption of renewable energy sources like rooftop solar power, along with waste management and sewage treatment initiatives that have drastically reduced its carbon footprint. Its Net-Zero efforts for water, waste and carbon are underway. SRK achieved LEED Platinum certification for its green buildings and also leads the industry with the highest number of ISO certifications, demonstrating its focus on quality, environmental responsibility, and health and safety.

With its pioneering efforts, SRK is leading the way in reshaping the natural diamond industry, demonstrating that luxury can coexist with sustainability and driving the world toward a more sustainable future.

New Delhi [India], February 06: Singapore based technology company Linklogis International which offers export financing solution globally announced today the key leadership appointments on strategic roles to enhance its capabilities to better serve the trade corridors among India, USA and UK. Priyesh Ranjan who has vast experience in leading trade financing and Fintech business will head India operation for Linklogis International. Prior to this, Priyesh Ranjan was Senior Director, Sales & Partnership at Stenn Technologies and Vice President at Paytm.  Joining Priyesh are Sumit Bhateja as Director Global Marketing, along with Sachin Chaturvedi, Abhishek Thorat and Kshitij Patni to lead sales and business development in the region.  The leadership team with their deep global experience will focus on promoting and developing techno-business export financing ecosystem to enable companies to address liquidity challenges and strengthen global competitiveness.

India’s fast growing export market holds a great significance for Linklogis International to expand its business operation in the region. The company is projecting to gain substantial market share by offering state-of-art technology platform which will enable Indian business and entrepreneurs to meet their export financing challenges.

Mr Charles Song, Founder & Chairman, Linklogis International said: “These appointments will strengthen the growth ambition and reinforce Linklogis role as the go-to-business and technology partner for our clients in India, USA and UK.  Further, these appointments will strengthen Linklogis top leadership team with the focus to optimize its supply chain and export finance business globally. Over the next few years, Linklogis International will aim to play a crucial role in driving India’s export economy. We will offer seamless and customised trade finance solutions to merchants in India and facilitate their entry into new markets by providing financial services to buyers and exporters”, he added.

As India has transitioned to being an industrial economy, exports play a crucial role in the overall growth. India’s strategy to achieve the US$ 2 trillion target by 2030 revolves around adapting a versatile approach that involves government policy initiatives, infrastructure enhancement and a focus on the key sectors that drive these exports.

About Linklogis International

Linklogis is the world’s leading supply chain finance technology solution provider aiming to redefine and transform supply chain finance through technology and innovation. Our cloud-native solutions optimize the payment cycle of supply chain transactions, digitalise the entire workflow of supply chain finance, and enhance transparency and connectivity in the supply chain finance ecosystem, thereby supporting the real economy. Linklogis is listed in the Hong Kong Stock Exchange as the first listed China supply chain finance technology SaaS enterprise.

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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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