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Mezzo Mezzo at JW Marriott Mumbai Juhu Honored With Best Specialty Cuisine – European at the Travel + Leisure India & South Asia Delicious Dining Awards 2026

Aug 14, 2026 by Neel Achary 0 Comments

Business Wire India

Mezzo Mezzo, the signature modern European restaurant at JW Marriott Mumbai Juhu, has been recognized as Best Specialty Cuisine – European at the Travel + Leisure India & South Asia Delicious Dining Awards 2026. Chosen through readers’ votes, the accolade honors restaurants that have earned acclaim for culinary excellence, refined hospitality, and memorable dining.

Set against panoramic views of the Arabian Sea, Mezzo Mezzo presents a contemporary interpretation of European cuisine, where seasonal ingredients, bold flavors, and impeccable technique come together with artisanal cocktails and the theatre of an open kitchen. Sophisticated yet inviting, the restaurant has become a destination for guests seeking an elevated dining experience shaped by authenticity and effortless elegance.

At the heart of Mezzo Mezzo is a philosophy rooted in simplicity, seasonality, and craftsmanship. Every menu reflects a thoughtful balance of tradition and innovation, allowing quality ingredients and refined techniques to take center stage. From the first to the final course, every detail is designed to create moments that are both personal and enduring.

“This recognition is a celebration of the people who bring Mezzo Mezzo to life each day. It reflects the passion, creativity, and dedication of our chefs, restaurant associates, and every member of the team who continually strives to create memorable moments for our guests. We are honored to be recognized by the readers of Travel + Leisure India & South Asia, and this achievement inspires us to continue evolving Mezzo Mezzo while remaining true to the thoughtful service, culinary excellence, and genuine care that define the JW Marriott experience.” – Deep Vahi, Hotel Manager, JW Marriott Mumbai Juhu.

This recognition marks another milestone in Mezzo Mezzo’s culinary journey, reaffirming its commitment to creating experiences where exceptional cuisine, intuitive service, and meaningful connections come together effortlessly. As the restaurant continues to evolve, it remains dedicated to celebrating modern European dining through creativity, precision, and a genuine passion for bringing people together around the table.

Business

Performance Meets Elegance: Prestige Introduces the All-New Valora Stainless Steel Gas Stove Range

Aug 14, 2026 by Neel Achary 0 Comments

Hyderabad, Aug14: TTK Prestige, India’s kitchen appliances and cookware brand, has announced the launch of its all-new Valora Stainless Steel Gas Stove Range, thoughtfully designed to combine premium aesthetics, reliable performance, and everyday convenience for modern Indian kitchens. Crafted for consumers who seek a perfect balance of style, durability, and functionality, the new range enhances the everyday cooking experience while complementing contemporary kitchen spaces.

Performance Meets Elegance: Prestige Introduces the All-New Valora Stainless Steel Gas Stove Range

Designed with an elegant 1.5mm heavy-gauge stainless steel body with a premium mirror finish, the Valora range offers a sophisticated aesthetic while being built for everyday durability and long-lasting performance.

Adding to its premium appeal are designer forged brass burners, thoughtfully designed to bring elegance to the kitchen while delivering reliable cooking performance. The burners are complemented by an integrated wind shield that protects the flame from wind, helping ensure a steady cooking experience.

The Valora range features widely spaced burners to accommodate multiple vessels, offering greater convenience when preparing multiple dishes simultaneously and making everyday cooking more efficient.

Available in 3-burner and 4-burner variants, the range is designed to cater to different household sizes and cooking needs.

The Valora range also features a removable spill tray at the bottom for easy cleaning.

Reinforcing Prestige’s commitment to quality and reliability, the Valora range comes with a 10-year warranty on the stainless steel body and a 5-year warranty on burners and valves, offering consumers long-term peace of mind.

The Prestige Valora 3 Burner Gas Stove is available at an MRP of ₹13,325, while the Prestige Valora 4 Burner Gas Stove is priced at an MRP of ₹15,995.

With the launch of the Valora Stainless Steel Gas Stove Range, TTK Prestige continues to strengthen its portfolio of thoughtfully designed kitchen solutions that seamlessly blend elegant design, dependable performance, and everyday convenience. Built for modern Indian homes, the Valora range reflects Prestige’s commitment to delivering innovative products that make cooking smarter, more efficient, and enjoyable.

Business

Vegas Mall Celebrates 150 Years of Vande Mataram

Aug 14, 2026 by Neel Achary 0 Comments

New Delhi, Aug 14: Vegas Mall celebrated the spirit of patriotism, unity and national pride with a special musical performance by the 25-member Delhi Police Women’s Brass Band at its Central Atrium, marking 150 years of Vande Mataram. The celebration brought together shoppers, families and visitors as the mall commemorated the enduring legacy and patriotic spirit associated with the iconic national song.

Vegas Mall Celebrates 150 Years of Vande Mataram

The Delhi Police Women’s Brass Band delivered a captivating performance, filling the Central Atrium with patriotic melodies and creating a vibrant atmosphere ahead of Independence Day. The performance reflected the values of unity, discipline and service, while adding a special dimension to the mall’s celebrations. Shri Kishore Kumar, APC, graced the occasion as the Special Guest.

The event witnessed an enthusiastic response from visitors, who gathered to experience the musical tribute and participate in the celebration of India’s rich heritage and shared national spirit. The presence of the Delhi Police Women’s Brass Band also highlighted the contribution and dedication of women in uniform, adding to the significance of the occasion.

Commenting on the celebration, Mr. Ravinder Choudhary, Vice President, Vegas Mall, said,

“As we commemorate 150 years of Vande Mataram and celebrate the spirit of Independence Day, we are honoured to host the Delhi Police Women’s Brass Band at Vegas Mall. The performance was a meaningful tribute to the values of patriotism, unity and service that continue to inspire generations. At Vegas Mall, we believe in creating experiences that bring the community together, and this celebration gave our visitors an opportunity to come together and celebrate the pride and spirit of our nation.”

Through meaningful cultural and community-led initiatives, Vegas Mall continues to celebrate occasions that resonate with its visitors and bring people together. The Vande Mataram celebration is part of the mall’s commitment to creating engaging experiences for the Dwarka community while celebrating India’s cultural heritage, national milestones and the spirit of togetherness.

Business

Motorola Launches moto g max, the Most Complete Smartphone Featuring a Luxury Satin Finish With Pantone™ Curated Colours, Segment’s Leading 50MP Sony LYTIA™ 600 Camera System, Snapdragon® 6s Gen 4 Performance, and Massive 7000mAh Battery, Starting at Just Rs. 26,999*

Aug 14, 2026 by Neel Achary 0 Comments

Business Wire India

The moto g max is the most complete smartphone in the segment featuring a Luxury Satin Finish with PANTONE™ Curated Colours, the Segment’s Leading 50MP Sony LYTIA™ 600 Camera System, Snapdragon® 6s Gen 4 Performance, a 6.72-inch 120Hz Full HD+ Display, and a Massive 7000mAh Silicon-Carbon Battery.
Experience a premium in-hand feel with the Luxury Satin-inspired Finish, designed for a refined look while resisting everyday fingerprints, available in PANTONE Stargazer, PANTONE Alaskan Blue, and PANTONE Malaga.
Capture brighter and sharper photos in any lighting conditions with the Segment’s Leading 50MP Sony LYTIA™ 600 Camera System, featuring Quad Pixel Technology, an 8MP Ultra-wide Camera, a 32MP Quad Pixel Selfie Camera, and an intelligent 2-in-1 Ambient Light Sensor.
Powered by the Snapdragon® 6s Gen 4, along with LPDDR5X RAM, and UFS 3.1 storage, and 18GB of AI RAM Boost, the moto g max delivers ultra-fast and responsive performance for gaming, multitasking, and everyday use.
Enjoy immersive entertainment on the 6.72” Full HD+ Display with a 120Hz Refresh Rate, Display Color Boost, Water Touch Technology, and up to 1050 nits High Brightness Mode.
Stay powered for up to 3 days with the massive 7000mAh Silicon-Carbon Battery, supported by 33W TurboPower™ Charger, Battery Care, and engineered for up to 1,000 charging cycles.
Built to last with Corning® Gorilla® Glass 7i, MIL-STD-810H certification, and an SGS-certified IP64 water-resistant design, making it the segment’s most durable smartphone.
Experience immersive sound with Stereo Speakers, Dolby Atmos®, Hi-Res Audio, Dual Microphones, and a convenient 3.5mm Headphone Jack.
The moto g max will be available in 6GB RAM + 128GB Storage at a price of Rs. 26,999* on Flipkart, Motorola.in, and leading retail stores across India.

Motorola, a global leader in mobile technology and India’s leading AI smartphone brand, today announced the launch of the all-new moto g max, the most complete smartphone in the segment, designed for consumers who demand premium design, exceptional durability, pro-grade photography, powerful performance, and long-lasting battery life. Combining a Luxury Satin-inspired Finish in stunning PANTONE™ curated colours, the Segment’s Leading 50MP Sony LYTIA™ 600 Camera System, the powerful Snapdragon® 6s Gen 4 processor, an immersive 6.72-inch 120Hz Full HD+ Display, and a massive 7000mAh Silicon-Carbon Battery, the moto g max delivers a complete smartphone experience. Built to keep up with modern lifestyles, the smartphone also features Corning® Gorilla® Glass 7i, MIL-STD-810H certification, IP64 Water-resistant Design, Dolby Atmos® Stereo Speakers, and the latest Android™ 16 experience.

The moto g max combines premium craftsmanship with a refined Luxurious Satin Finish, for the first time in any G-series smartphones delivering an ultra-premium look and feel while resisting everyday fingerprints and smudges. Available in stunning PANTONE Stargazer, PANTONE Alaskan Blue, and PANTONE Malaga colour options, the smartphone brings together globally curated colours with Motorola’s premium design philosophy, giving the device a distinctive and sophisticated appearance. The sleek design, ergonomic profile, and balanced weight distribution provide a comfortable in-hand experience, whether users are browsing, gaming, streaming, or capturing photos throughout the day. Combining premium craftsmanship with everyday durability, the moto g max is designed to look elegant, feel premium, and complement users’ lifestyles wherever they go.

At the heart of the moto g max is the Segment’s Leading 50MP Sony LYTIA™ 600 Camera System, designed to help users capture brighter, sharper, and more vibrant photos in virtually every lighting condition. Powered by Quad Pixel Technology, the camera delivers exceptional detail and improved low-light performance. The 8MP Ultra-wide Camera captures more of every scene, while the highest 32MP Quad Pixel Selfie Camera delivers brighter selfies with natural skin tones and outstanding clarity. The intelligent 2-in-1 Ambient Light Sensor instantly measures surrounding light to enable faster focusing and improved exposure, while Auto Night Vision, Night Vision, and AI-powered portrait features work intelligently in the background to deliver brighter nights, more natural portraits, and sharper images. Additional features including Adobe Scan, Photo Booth, Super Zoom, Dual Capture, and Pro Mode provide the flexibility to capture, create, and share content effortlessly.

The camera experience is further enhanced with AI-powered Photography and Google Photos Editing, bringing intelligent enhancements and advanced editing tools together in one seamless experience. The Photo Enhancement Engine automatically optimizes colour, brightness, contrast, texture, and noise reduction across every lens, helping every photo look brighter, sharper, and more natural. Users can edit effortlessly using powerful AI features including Magic Eraser, Photo Unblur, Reimagine, Auto Frame, Portrait Blur, Portrait Light, Sky, Color Pop, and Cinematic Photos, transforming everyday moments into stunning photos that look professionally edited.

Powered by the extremely reliable processor Snapdragon® 6s Gen, built on an efficient 4nm process, the moto g max delivers fast, responsive, and power-efficient performance for everything users do. LPDDR5X RAM and UFS 3.1 Storage enable faster app launches, smoother multitasking, and improved responsiveness, while RAM Boost intelligently converts unused storage into additional virtual memory, allowing users to keep more apps active in the background and switch between them effortlessly. Whether gaming, streaming, browsing, attending video calls, or multitasking throughout the day, the moto g max delivers reliable performance designed to keep up with modern lifestyles.

The moto g max features an immersive 6.72-inch Full HD+ Display that delivers sharp visuals, vibrant colours, and exceptional clarity for movies, gaming, reading, and social media. The 120Hz Refresh Rate delivers smoother scrolling, fluid animations, and a highly responsive touch experience, making every swipe, tap, and interaction feel effortless. With Display Color Boost and up to 1050 nits High Brightness Mode, the display remains vibrant and easy to view even under bright outdoor conditions. Water Touch Technology keeps the display responsive even with wet fingers, allowing users to confidently use their phone during workouts, light rain, or everyday adventures.

The moto g max is engineered to deliver true battery freedom with its massive 7000mAh Silicon-Carbon Battery, providing up to 3 days of battery life and up to 63 hours of usage on a single charge. Whether streaming videos, gaming, travelling, attending meetings, or staying connected with friends and family, users can rely on long-lasting battery performance without constantly reaching for a charger. The smartphone supports 33W TurboPower™ Charger for quick top-ups, while Battery Care and the advanced silicon-carbon battery technology are designed to maintain dependable performance for up to 1,000 charging cycles.

Built to handle everyday challenges, the moto g max combines premium craftsmanship with exceptional durability. The smartphone features Corning® Gorilla® Glass 7i protection for enhanced resistance against scratches and accidental drops, while MIL-STD-810H certification helps it withstand the rigours of daily use. The SGS-certified IP64 water-resistant design provides dependable protection against dust and water splashes, making it a reliable companion wherever life takes users.

The entertainment experience is further enhanced by Stereo Speakers with Dolby Atmos®, delivering richer bass, wider sound, and crystal-clear vocals. Combined with Hi-Res Audio, Dual Microphones, and a convenient 3.5mm Headphone Jack, the moto g max delivers an immersive audio experience across music, movies, gaming, and calls.

Mr. T.M. Narasimhan, Managing Director, Motorola India, said, “At Motorola, we believe a smartphone is no longer just a device — it is an expression of how we live, work and experience the world around us. With the new moto g max, we have brought together a premium design and luxurious satin finish with powerful photography, exceptional battery life, smooth performance and durability, creating a smartphone that is designed to complement today’s dynamic lifestyles. From capturing everyday moments and staying connected to working, gaming and entertainment, moto g max is built to keep up with consumers who expect more from their smartphone. With its distinctive luxurious design, segment-leading features and exceptional value, we believe moto g max sets a new benchmark for a smartphone that looks as good as it performs.”

The moto g max comes with the latest Android™ 16 out of the box, delivering a clean, intuitive, and secure software experience. Users can get more done with Google Gemini, helping them search, write, learn, brainstorm, and complete everyday tasks more efficiently. The smartphone also features Moto Secure, ThinkShield for Mobile, Side Fingerprint Unlock, and Face Unlock, providing multiple layers of protection. Built for the future, the moto g max comes with 2 guaranteed Android OS upgrades and 3 years of security updates, ensuring a secure and reliable smartphone experience for years to come.

The moto g max will go on sale starting 20th August 2026 on Flipkart, Motorola.in, and leading retail stores across India.

Availability

The moto g max will be available in the following variant:

6GB RAM + 128GB Storage

The smartphone will be available in PANTONE Stargazer, PANTONE Alaskan Blue, and PANTONE Malaga colour options.

Pricing

6GB + 128GB – Rs. 27,999

Affordability Offer details:

Rs. 1,000 Instant Bank Discount.

NET EFFECTIVE PRICE

moto g max 6GB + 128GB – Rs. 26,999*

*Price including all offers. Subject to change at the discretion of the brand.

To Know more about the product, visit here – https://www.flipkart.com/tyy/4io/~cs-35m6el8w1k/pr?sid=tyy,4io&collection-tab-name=Motorola+g+max

Jio Offer:

Enjoy 5000GB Google cloud storage + Gemini Pro subscription worth Rs. 35,100 for 18 months + 15 Premium OTTs Monthly plan costing ~Rs. 2000 at just Rs. 200 only.

*T&C Apply. Including all offers. Offers subject to change at the discretion of the brand

Detailed Marketing Specifications

Operating System	Android™ 16
Chipset	Qualcomm® Snapdragon® 6s Gen 4 (4nm) Mobile Platform with 4×2.4GHz Cortex-A78 + 4×1.8GHz Cortex A-55
Memory	6GB LPDDR5X RAM, expandable up to 18GB with RAM Boost*
Storage	UFS 3.1 128GB built-in
Body	Rear: Satin-inspired finish Frame: Plastic Front: Corning® Gorilla® Glass 7i
Dimensions	166.23 x 76.50 x 8.60mm
Weight	213g
Protection	IP64 Water-resistant design MIL-STD-810H Corning® Gorilla® Glass 7i
Display	17.06cm (6.72“)
Display Technology	LCD 8 –bit Refresh rate: 120Hz Touch sampling rate: 120Hz Water Touch High Brightness Mode: up to 1050 nits Display Color Boost
Display Resolution	Full HD+ (2400p × 1080) 391ppi
Display Aspect Ratio	20:09
Display Screen-to-body ratio	Active Area-Touch Panel (AA-TP): 90.53% Active Area-Body (AA-Body): 85.97%
Battery	7000mAh
Battery Life	Up to 63 hours battery life
Charging	30W TurboPower
Networks	5G: Sub 6 4G: LTE 3G: WCDMA 2G: GSM
Bands (by model)	5G: NR band n1/n2/n3/n5/n8/n28/n38/n40/n41/n77/n78 4G: LTE band 1/2/3/5/8/28/38/40/41/42 3G: WCDMA band 1/2/5/8 2G: GSM band 1900/1800/850/900
Main Rear Camera	50MP Sony LYTIA™ 600 sensor f/1.8 aperture 0.8μm pixel size \| Quad Pixel Technology for 1.6μm PDAF
Camera 2	8MP Ultra-wide angle (119.5° FOV) f/2.2 aperture 1.12μm pixel size Fixed Focus
Camera 3	Ambient Light Sensor
Flash	LED flash
Front camera hardware	32MP f/2.2 aperture 0.7μm pixel size \| Quad Pixel Technology for 1.4μm Fixed focus
Camera features	Shooting modes: Night Vision Mode Auto Night Vision (available on 8GB RAM build only） Portrait Panorama Pro Mode (w/ Long Exposure) Live Filter (available on 8GB RAM build only） Portrait HDR Adobe Scan Ultra-Res Artificial intelligence: Shot Optimization Auto Smile Capture Google Lens™ integration Other features: High-res Digital Zoom (up to 8x) Timer Burst shot Snap in Video Recording Assistive Grid Leveler Watermark QR/ Barcode Scanner Location Information RAW Photo Output Selfie Stick Support Google Photos Editing: Magic Eraser Photo Unblur Reimagine Auto Frame Portrait Blur Portrait Light Sky Color Pop Cinematic Photos
Video capture	2K (30fps) FHD (30fps/60fps) Slow motion: HD@120fps
Video features	Dual Capture Timelapse (w/ Hyperlapse) Slow Motion (HD@120fps) Live Filter (available on 8GB RAM build only） Portrait High-res Digital Zoom (up to 6x) Assistive Grid Leveler Video Stabilization (EIS) Audio Zoom
SIM Card	Dual SIM: 1 physical SIM + 1 physical SIM
FM Radio	Yes
Speakers	Stereo speakers Dolby Atmos® Hi-Res Audio
Microphones	2 microphones
Headset Jack	3.5mm headset jack
Bluetooth® Technology	Bluetooth® 5.1
Wi-Fi	Wi-Fi 802.11 a/b/g/n/ac 2.4GHz \| 5GHz Wi-Fi hotspot
Ports	Type-C port (USB 2.0)
NFC	No
Location Services	GPS, A-GPS, GLONASS, Galileo, QZSS, BeiDou
Sensors	Accelerometer Gyroscope Proximity Ambient light Sensor hub Fingerprint reader SAR sensor E-compass
Security	Side fingerprint reader Face unlock ThinkShield for mobile Moto Secure
Inbox Accessories	USB Type-A to USB Type-C cable, Guides, SIM tool TurboPower™ 33W charger
Voice control	Google Gemini
Colors	PANTONE Stargazer PANTONE Alaskan Blue PANTONE Malaga
Device name	moto g max
OS updates	2 OS upgrade
Security updates	3-years SMR

Business

India’s Road to a Dollar 20 Trillion Economy

Aug 14, 2026 by Neel Achary 0 Comments

By Ajay Garg and Khushali Dutt

Ajay Garg is Chairman & Managing Director of Equirus Capital. Khushali Dutt is an Associate Economist at Equirus Securities.

India took 67 years to build its first $2 trillion of GDP. It added the next $2 trillion in barely a decade. The ambition now on the table — a $20 trillion economy by 2036 — asks the country to grow roughly five times over in a little more than ten years. It can be done: China sustained close to 18% nominal dollar growth for eleven straight years from a comparable base. But a leap of this size will be decided less by the target itself than by the quality of the reforms that clear the path to it. How India grows will matter as much as how fast.

How the economy grows, not just how fast

Start with the shape of the economy, not just its size. Agriculture, about 17% of GDP, will keep shrinking as a share as the country urbanises. Manufacturing, at 17–20%, is largely capped by a more protectionist world. That leaves services — already 54% of GDP — to do the heavy lifting, rising past 65% and expanding from roughly $2 trillion to more than $11 trillion. Almost every reform worth making is, in one way or another, about clearing the path for that expansion.

Twenty reforms, five engines

The reforms fall into five engines that must fire together. In the real economy, the quickest wins cost the exchequer almost nothing. A ten-year tax holiday for cold storage would attack a threadbare cold chain — only about 4% of India’s fruit and vegetables travel refrigerated, against 80–85% in the United States — and reclaim a share of the roughly 50 million tonnes of horticulture lost every year. A mandatory floor on state capital spending, after states left about ₹2.3 trillion of budgeted capex unspent in FY26, could add close to ₹5.2 trillion to GDP without a rupee of new borrowing. And listing the Railways would free the roughly ₹2.8 trillion of taxpayer capital it absorbs each year.

In the capital markets, the theme is unlocking trapped money. An India Sovereign Fund on Singapore’s Temasek model could pool the roughly $249 billion of equity the government holds across public-sector companies into one professionally run vehicle, throwing off proceeds to fund capex and subsidies without new taxes or debt. Levelling the tax treatment of bonds and equity would begin to deepen a corporate bond market that sits at just 18% of GDP against 130% for equities. And a cluster of tax reforms — abolishing advance tax, cutting withholding to a flat 5%, ending the double transaction tax on shares — would release trapped working capital and bring India into line with global norms.

In human capital, the through-line is capacity. India’s education funnels are brutally narrow: around 187,000 students sit JEE Advanced for some 18,000 IIT seats, while hundreds of thousands head abroad for undergraduate STEM. The telecom template is instructive — once private capital was let in, access exploded and prices collapsed — and the same playbook can build education capacity at scale. Reviving private research (India spends just 0.8% of GDP on R&D, the lowest in its peer group), funding universities on outcomes rather than headcount, and reviving apprenticeships complete the agenda.

In services — India’s quiet superpower — the country already hosts more than 1,800 Global Capability Centres, about half the world’s total. A single empowered National GCC Policy could push that toward 5,000. Scaling a tiny tourism-promotion budget and turning prime-ministerial visits into structured trade-and-tourism missions cost next to nothing.

And in liveability and governance — because a $20 trillion economy has to be livable — putting air pollution on a war footing, where 42 of the world’s 50 most-polluted cities are Indian, and giving cities a directly elected, accountable mayor.

Does it add up? It pays for itself

The obvious objection to a package this size is cost. On our accounting, it more than pays for itself in the very first year: roughly ₹3.4 trillion of direct costs against about ₹7.9 trillion of direct gains — a net gain of some ₹4.5 trillion, or a 2.3x return. And much of the apparent “cost” is not revenue foregone at all. Abolishing advance tax or cutting withholding does not reduce what is ultimately owed; it only shifts the timing. The tax is still paid at filing. What changes is that vast sums of trapped working capital are released back into the economy.

The currency does part of the work

Because the target is denominated in dollars, the exchange rate carries part of the load. The reforms are built to lift rupee growth from a trend of about 10.5% toward roughly 14% — and, by improving the balance of payments, to turn the rupee’s structural depreciation into modest appreciation. Growth in rupees, plus a firmer currency, is what bridges the final distance to $20 trillion in dollars.

None of this rests on a single lever. It rests on twenty of them reinforcing one another — and, crucially, on the fact that most are already within the government’s own toolkit. They need a change in law or administration more than they need new money, and several of the highest-impact moves cost the exchequer almost nothing while freeing enormous amounts of trapped capital and fiscal space. The target is unapologetically ambitious. But the path to it is more available than the scale of the number suggests.

“The way the economy grows will matter just as much as how fast.”

Business

YSR Kadapa’s SMART Kitchens Transform School Meal Delivery for Nearly 1 Lakh Children

Aug 14, 2026 by Neel Achary 0 Comments

Kadapa, Andhra Pradesh: YSR Kadapa district is reshaping school meal delivery through its SMART Kitchen Initiative, combining technology, modern infrastructure, efficient logistics, sustainability and community participation to strengthen nutrition services for children.

Under the Aspirational Districts and Aspirational Blocks Programmes, 38 SMART Kitchens across the district are serving nearly 1 lakh children every day. The initiative operates through 105 optimised delivery routes and 95 dedicated vehicles, helping ensure that nutritious meals reach schools on time and in a reliable manner.

YSR Kadapa’s SMART Kitchens Transform School Meal Delivery for Nearly 1 Lakh Children

At the heart of the initiative is a centralised and mechanised cooking system designed to improve efficiency while maintaining consistency in food quality and safety. Standardised food-safety protocols have been integrated into the process, while GPS-enabled transportation and real-time monitoring dashboards provide greater visibility over meal preparation and delivery.

The use of QR-based feedback systems further strengthens accountability by enabling stakeholders to share feedback on the meal delivery process. Together, these technology-driven measures are making the system more transparent, traceable and responsive.

Sustainability is another key pillar of the SMART Kitchen model. The kitchens incorporate solar energy, electric mobility and energy-efficient systems, reducing dependence on conventional energy sources. Bio-digester-based waste management also supports more responsible handling of kitchen waste and strengthens the environmental sustainability of the initiative.

YSR Kadapa district is transforming school meal delivery through the SMART Kitchen Initiative, combining technology, modern infrastructure, efficient logistics, sustainability, and community participation under the Aspirational Districts and Aspirational Blocks Programmes.… pic.twitter.com/01U3M4S4fL

— NITI Aayog (@NITIAayog) August 13, 2026

The programme also places strong emphasis on community participation. Women-led Self Help Groups (SHGs) play an important role in supporting the initiative, creating opportunities for local participation and strengthening community ownership of the school meal system.

The SMART Kitchen Initiative illustrates how convergence between government programmes, technology, infrastructure and community participation can transform an essential public service. By improving the efficiency and reliability of school meal delivery while embedding sustainability and accountability, the model is contributing to better nutrition outcomes and creating a stronger foundation for healthier and brighter futures for children in YSR Kadapa district.

Business

Databricks Grows Over 80 percentage Year on Year, Surpasses Revenue Run Rate and Expands AI Platform Offerings

Aug 14, 2026 by Neel Achary 0 Comments

India, Aug14: Databricks, the Data and AI company, announced it crossed a Dollar7 billion revenue run-rate, delivering over 80percentage year-over-year growth during its Q2. Building on this momentum, the company closed a Dollar 5 billion strategic funding round at a Dollar190 billion valuation. The investment will drive continued innovation across Lakebase, its serverless Postgres database built for AI agents, Genie, Databricks’ AI coworker that turns business data into trusted answers and actions, and Unity AI Gateway, for multi-AI governance and cost controls.

The round was led by Coatue, along with Blackstone, MGX, accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, Inc., and new investor Sixth Street Growth. Other new investors included BOND, Clearlake Capital, Point72, Premji Invest, and TPG alongside existing investors Andreessen Horowitz, Dragoneer, Fidelity Management & Research Company, Franklin Templeton, GIC, Growth Equity at Goldman Sachs Alternatives, Insight Partners, J.P. Morgan Private Capital, Kinetic, Morgan Stanley Investment Management, NEA, Ontario Teachers’ Pension Plan, Temasek, Thrive Capital, and WCM Investment Management.

The Future of Data + AI

Today, companies have a new set of employees to support: AI agents. To do their jobs, agents need a reliable, scalable foundation, clear, accurate answers from enterprise data, and the ability to easily forecast budgets and switch to more cost-effective models to avoid burning through expensive tokens. The Databricks Data + AI Platform delivers the foundation with Lakebase, enterprise context with Genie, and smart routing and cost controls with Unity AI Gateway, giving teams a simple way to build AI that actually works.

Databricks’ Financial Momentum

This funding follows Databricks’ continued business momentum, including:

Growing >80% year over year, surpassing $7B revenue run-rate
Continuing to deliver positive adjusted free cash flow over the last 12 months
Surpassing $1.5B revenue run-rate for Lakehouse, its data warehousing product, growing over 100% year over year
Exceeding $100M revenue run-rate for Lakebase
>1,000 customers consuming at over $1 million revenue run-rate
>100 customers consuming at over $10 million revenue run-rate

“Enterprises don’t just want AI that talks. They want agents working across their business that remember context, deliver accurate answers, and execute work without blowing through their budgets,” said Ali Ghodsi, Co-founder and CEO of Databricks. “That requires real-time operational data with Lakebase, context from across the business with Genie, and multi-AI cost controls with Unity AI Gateway. The tremendous investor demand for this round shows that our AI strategy is winning the market and building what every business needs to maximize their impact with agents.”

“Databricks has spent a decade being early to where AI was headed. Now it’s the infrastructure the industry builds and scales AI on,” said Thomas Laffont, Co-founder of Coatue. “What stands out most is the pace: they’ve compressed R&D timelines that used to take years into months, more like a research lab than a typical software company. We’ve been investors since 2019, and results like that are why we’re proud to lead this round today and keep building with them.”

Business

Sammaan Capital Marks First Full Quarter Under IHC with AUM Gaining Momentum

Aug 14, 2026 by Neel Achary 0 Comments

Mumbai, Aug 14: Sammaan Capital Limited, one of India’s non-banking financial companies , reported its financial results for the first quarter of the year ending June 30, 2026.

Key Highlights:

First quarter as part of the IHC Group, marking a transformational phase for Sammaan Capital

• AUM grew to ₹ 56,239 Crore from ₹53,160 crore in Q4FY26
• Disbursed ₹ 3,875 crore in Q1FY27 across five products, driving diversified growth without concentration in any single segment.
• 97% of the disbursements were secured, while 3% were unsecured
• Gross recoveries: ₹ 424 Crores; Net recoveries after taking into account provisions and other credit costs: ₹240 Crore
• Maintained a growth-focused approach within prudent risk guardrails, while actively pursuing both organic and inorganic growth opportunities
• Credit ratings upgraded to AA+ (Stable) by CRISIL, CARE and ICRA; international rating upgraded to BB- by S&P Global within 90 days of IHC’s investment
• Steady reduction in stock borrowing cost — ~85 bps reduction from Q2FY26 to Q1FY27, with further ~75 bps reduction expected by end of FY27
• Strengthening leadership team with key senior hires across functions to support new product launches and accelerate business growth
• Identified 53 AI use cases for phased implementation across FY27-28
• AI-ready infrastructure initiated during the quarter — unified loan origination platform, unified HR life cycle platform with employee self-service, major database and cloud infrastructure, modern core LMS enabling automated onboarding & straight-through processing and scalable, secure cloud powering LOS, data lake & AI workloads
• Strengthening cross functional integration with IHC across Risk, Finance and IT functions

Consolidated Financial Highlights — Q1FY27

• Consolidated PAT stood at ₹243 Crore in Q1FY27
• Disbursements at ₹ 3,875 Crore
• Gearing ratio at 1.8x
• Net NPA at 0.15%
• Capital adequacy at 20.1%

Mr. Gagan Banga, Managing Director & CEO of Sammaan Capital Limited, said:

“This quarter marks an important milestone for Sammaan Capital as our first quarter as part of the IHC Group. With the capital infusion now in place, a strengthened balance sheet and the backing of a global parent, we believe Sammaan Capital is well positioned to move decisively onto its next phase of growth. Our focus remains on growth-oriented disbursals within clearly defined risk guardrails, ensuring that growth is both calibrated and sustainable.

Technology remains at the core of our strategy. Our digital-first approach is creating a platform for all individual and MSME product segments.
As we look ahead, our priorities are clear to accelerate growth responsibly, strengthen earnings, progressively reduce our cost of funds, leverage the capabilities of our parent, deepen our technology-led distribution platform and maintain disciplined risk management.”

Business

Milliman names Jim Fulton next CEO

Aug 14, 2026 by Neel Achary 0 Comments

Business Wire India

Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260811027168/en/

Fulton’s appointment reflects Milliman’s evolution from an actuarial firm to a multidisciplinary consultancy, risk management, and technology solution provider. His expertise includes stints with Big 4 accounting and private equity-owned firms as well as technology startups. Fulton’s complementary perspective has helped fuel Milliman’s emergence as a data and technology firm that continues to be the gold standard in actuarial consulting.

“Jim Fulton is the ideal leader as Milliman continues to grow and change in this complex and evolving environment,” said Milliman Chair Bret Linton. “Jim knows Milliman and has been integral in our growth over the last decade. He lives our mission of serving our clients to protect the health and financial well-being of people everywhere.”

Fulton has spent over 30 years as an executive and Certified Public Accountant (US), leading teams across technology and professional service firms. He began his career at PwC, where he spent 12 years as part of the assurance practice. From 2002 to 2011, Fulton was the chief financial officer and a partner at Crowe, a top US accounting firm. From 2011 to 2015, Fulton worked for a small venture capital firm at the University of Notre Dame’s Innovation Park, helping launch tech and data analytic startups. Fulton is a graduate of Indiana University in Bloomington, Indiana.

“Milliman continues to be the trusted advisor to our clients, who look to us for deep expertise and data-driven solutions,” said Jim Fulton. “In the 11 years I’ve served as the firm’s financial leader I’ve come to know Milliman’s remarkable people. I’ve seen how our talent and commitment to clients continue to be our differentiator. I’m looking forward to helping shape Milliman’s future as we continue to grow and evolve.”

Fulton succeeds Dermot Corry, who is retiring after completing a five-year term as CEO and a 44-year career. During Corry’s tenure, Milliman continued its growth, made nine acquisitions, and diversified its mix of data resources, sophisticated analytics, and deep expertise.

“Milliman is a unique organization, with a commitment to independence and quality that attracts brilliant minds and cultivates innovation,” said Dermot Corry. “It has been an honor to serve as CEO of Milliman. I couldn’t be more excited for Jim as he assumes the CEO role. I wish him the best and know that Milliman will be in good hands.”

About Milliman

Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges, from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260811027168/en/

Business

Wipro Seating Solutions Launches Dyān™, a Seating Collection Inspired by Yoga, Mindfulness and Human-Centric Design

Aug 14, 2026 by Neel Achary 0 Comments

Business Wire India

Wipro Seating Solutions, part of Wipro Consumer Care & Lighting’s Commercial and Institutional Business (CIB), announced the launch of Dyān™, a new seating collection inspired by the principles of yoga, mindfulness and conscious living.

As workplaces and homes increasingly prioritise well-being, flexibility and human-centric design, seating is evolving beyond functionality to support healthier ways of working and living. Rooted in Wipro’s philosophy of Innovation for Human Spaces, Dyān™ is designed to encourage natural movement, posture variation and moments of pause, creating more engaging and mindful environments.

Commenting on the launch, Anuj Dhir, Senior Vice President and Business Head, Commercial and Institutional Business, Wipro Consumer Care & Lighting, said, “At Wipro CIB, we believe great design begins with understanding how people interact with spaces. With Dyān™, we set out to create a seating collection that encourages movement, supports well-being and responds to the realities of increasingly sedentary lifestyles. Inspired by the principles of yoga and mindful living, the collection combines ergonomic design, organic forms and sustainable materials to create experiences that are both purposeful and deeply human.”

The Dyān™ collection comprises four distinct seating solutions designed to support different ways of sitting, moving and engaging with a space. Inspired by the principles of yoga and mindful living – and derived from the Sanskrit word Dhyān, meaning focused awareness and meditation – the collection reflects the ideas of balance, alignment and conscious movement.

Eka™ – an active seating chair inspired by the tulip, designed to encourage movement and dynamic sitting.
Erth™ – a floor-level seating solution inspired by the calla lily, suitable for meditation, stretching and informal activities.
Matsya™ – a rocking chair inspired by the fluid movement of a whale, promoting relaxation and gentle motion.
Mudra™ – a swan-inspired chair that blends sculptural aesthetics with ergonomic comfort for informal and collaborative settings.

The collection has been endorsed by Swasti Yoga Center and certified by IndiaErgo, reinforcing its ergonomic credentials. Crafted using 80% recycled material, Dyān™ also reflects Wipro’s commitment to sustainable design through durable and environmentally responsible processes.

Further strengthening its design credentials, Dyān™ Erth has been recognised with the Red Dot Design Award 2026 for its integration of ergonomics, well-being and sustainability. The Dyān™ collection is available across Wipro’s #MyWiproVerse Experience Centres in Pune, Hyderabad, Chennai and Bengaluru where customers, architects and designers can experience the collection firsthand.

For product queries, please contact:

Toll Free Number: 1800-22-8222

https://wiproseatingsolutions.com/dyan

Category: Business