Archive: April 30, 2025

Defective Brain Cell Cleanup Linked to Autism, Say Japanese Scientists

A new study finds that macrophages from individuals with autism have a significantly impaired ability to clear synaptic proteins

Japanese Study

April 30, 2025: Microglial dysfunction has been implicated in autism spectrum disorders (ASD), but limited access to human brain tissue posed challenges in related research. A new study explored how immune cells called monocyte-derived macrophages can serve as models for microglia in ASD. Researchers used these cells to investigate neuroimmune responses, such as synaptic phagocytosis in ASD. These findings could open new avenues for understanding the brain-immune system connection in ASD and identifying potential targets for therapy.

Autism spectrum disorder (ASD) is a complex neurodevelopmental condition in which affected individuals experience difficulties in social communication and exhibit restricted, repetitive patterns of behavior or interests. A growing body of research suggests that neurobiological changes, particularly abnormalities in dendritic spines, tiny protrusions on nerve cells where synapses form, may be a hallmark of ASD. In particular, studies have found an unusually high number of these spines in individuals with autism. This overabundance of synaptic connections could disrupt normal communication pathways in the brain, potentially contributing to the behavioral and cognitive features seen in ASD.

Under normal circumstances, the brain undergoes synaptic pruning, a process involving the removal of unnecessary or weak synaptic connections to make way for more efficient neural networks. This pruning is crucial during early development and adolescence. Microglia, the resident immune cells in the brain, play a critical role in this process. In addition to defending the brain against infection or injury, they act like gardeners by trimming away excess synapses to help shape healthy neural circuits. However, studying how microglia function in the human brain, especially in individuals with autism, has proven difficult. Unlike in animal models, directly observing and measuring microglial activity in living humans poses technical and ethical challenges, leaving many questions about their precise role in ASD unanswered.

To study immune-related mechanisms in ASD, researchers used macrophages—immune cells derived from blood monocytes—as stand-ins for brain microglia. Then, they differentiated the macrophages into two subtypes using specific colony-stimulating factors (CSFs): granulocyte-macrophage CSF (GM-CSF) induced a pro-inflammatory “M1-like” phenotype, while macrophage CSF (M-CSF) induced an “M2-like” phenotype associated with tissue repair and immune regulation. To assess the ability of macrophages to clear synaptic material, the researchers introduced synaptosomes—fragments of neuronal connections—generated from human induced pluripotent stem cells (hiPSCs). The study entailing the breakthrough results was published online in the journal Molecular Psychiatry on April 4, 2025.

The study found that M-CSF-induced macrophages (M-CSF MΦ) from typically developed individuals were more efficient at phagocytosis—engulfing and clearing synaptosomes—compared to GM-CSF-induced macrophages (GM-CSF MΦ). However, when derived from individuals with ASD, the M-CSF MΦ exhibited a significantly reduced ability to perform phagocytosis. This impairment in synaptic phagocytosis was associated with lower expression of the CD209 gene, which may play a critical role in the ability of macrophages to phagocytose synaptic proteins. These findings suggest that dysfunctional phagocytosis could contribute to the synaptic pruning deficits seen in ASD, with the CD209 gene potentially serving as a molecular mediator.

“This study is the first to reveal lower phagocytosis capacity of synaptosomes in ASD-M-CSF macrophages compared to typically developed-M-CSF macrophages, with a correlation to CD209 gene expression,” said Dr. Michihiro Toritsuka, Senior Assistant Professor at the Division of Transformative Psychiatry and Synergistic Research, International Center for Brain Science, Fujita Health University School of Medicine, Japan, and lead author of the study.

This pioneering research adds to a growing body of evidence implicating immune dysfunction in the neurodevelopmental alterations of ASD. While previous postmortem and imaging studies have reported increased dendritic spine density and hyperconnectivity in the brains of individuals with ASD, this study provides the first direct evidence of impaired synaptic pruning activity in human immune cells outside the brain.

Given these findings support the idea that dysfunctions in synapse elimination may extend beyond microglia to peripheral immune cells such as macrophages, Dr. Manabu Makinodan, who is the Professor at the same institution and co-corresponding author of the study, noted, “If the decreased phagocytosis capacity of synaptosomes and decreased CD209 expression are similarly identified in the microglia of individuals with ASD in future studies, it may lead to more effective drug discovery targeting core symptoms of ASD.”

By identifying a measurable impairment in macrophage function associated with ASD, this research opens a new avenue for understanding the immune-synapse interface in autism, which can find potential applications in therapies aimed at restoring proper phagocytic function, which could be a promising future direction.

Aviva India Appoints Suresh Mahalingam as Chairperson

New Delhi , 30th April, 2025Aviva Life Insurance Company India today announced the appointment of Mr. Suresh Mahalingam as its new Chairperson.

Mr. Mahalingam has been associated with Aviva since July 2020, serving as an Independent Director on the Board.

Speaking on his appointment, Mr. Mahalingam said, “I’m happy to take up the new role as Chairperson of Aviva India. I look forward to working closely with the Board and executive leadership team. I am sincerely grateful to the Board members and shareholders for their continued trust and support. I remain committed to driving Aviva India’s sustained growth, resilience, and long-term value creation.”

With over 30 years of leadership experience across the BFSI and FMCG sectors, Mr. Mahalingam has been instrumental in building, scaling, and transforming businesses in highly dynamic and competitive markets. His inclusive leadership style and strategic approach have been key to his success across varied roles.

In addition, he actively mentors emerging organizations and regularly shares his insights as a keynote speaker at leading industry platforms.

Orion Innovation Listed as a Leading Software Engineering Outsourcing Firm

Chennai, 30th April 2025:  Orion Innovation (Orion), a leading digital transformation and product development services firm, announced that it has been named a global outsourcing leader by the International Association of Outsourcing Professionals® (IAOP®). This is the ninth consecutive year, and the sixteenth time Orion has earned this prestigious recognition, highlighting the company’s commitment to excellence as one of the world’s best outsourcing service providers.
 
The Global Outsourcing 100®, now in its 19th year, is an annual listing recognizing the top outsourcing service providers around the world. Judging is based on a rigorous scoring methodology that includes an independent review by an independent panel of IAOP customer members with extensive experience in selecting outsourcing service providers and advisors for their organizations. 
 
“We’re incredibly proud to be recognized yet again by IAOP as a global outsourcing leader,” said Alex Bogachek, President, Europe at Orion. “This acknowledgement reflects the depth of our partnerships and our relentless drive to deliver transformative digital solutions and product development projects that accelerate our clients’ business growth.”
 
Orion achieved the distinctions of Sustained Excellence for its customer references, awards, certifications, and programs for innovation.
 
“In an era defined by extraordinary technological advancements and digital transformation, the 2025 Global Outsourcing 100® highlights the outstanding achievements of service providers and advisors who continue to lead and innovate,” stated Debi Hamill, IAOP CEO. “This year’s honorees have not only risen to the challenges of a rapidly evolving landscape but have set new benchmarks for excellence in the industry. We congratulate Orion on earning a well-deserved place among the world’s elite.”
 
Orion continues to scale its impact globally, helping clients navigate complex digital challenges, unlock new growth opportunities, and create intelligent, future-ready enterprises.

SBI General Insurance Launches Flexi Home Insurance

Mumbai; April 30, 2025SBI General Insurance, one of India’s leading general insurance providers, has launched SBI General Flexi Home Insurance. It is a comprehensive and flexible insurance policy designed to provide financial security to diverse residential needs, including owned and rented properties, as well as housing societies.

The ‘SBI General Flexi Home Insurance’ offers greater flexibility and allows customers to design a tailor-made home insurance policy as per their requirements. The unique feature of this product is that it offers customer a Stand-Alone “Fire” only insurance cover as mandatory, complemented by an extensive range of perils and add-ons that ensures personalized protection for every homeowner. These add-ons include valuable item protection, alternative accommodation expenses, burglary cover and also offer discounts for multiple optional covers.

SBI General Insurance Launches Flexi Home Insurance

The product provides comprehensive protection for home structure, content & additional risk. The policy safeguards against property damage, natural calamities, fire, and burglary. It also covers other unforeseen events, making it a reliable option for homeowners and renters seeking protection. Additionally, it offers long-term security through a one-time payment for up to 20 years.

Key features of the policy:

–       Fire Cover: The only mandatory cover

–       Comprehensive protection for home structure, contents & additional risks

–       Optional Perils/Covers: Protection against natural disasters, burglary and theft

–       Long-term security: One-time payment for long term tenure of up to 20 years

–       Attractive optional Covers and discount options available

SBI General Flexi Home Insurance stands out as a versatile and customer-centric home insurance solution, addressing the needs of diverse homeowners and tenants across India. With a one-time premium payment option and a hassle-free claims process, the policy has been developed to provide financial stability and peace of mind to the policyholders and strengthen SBI General’s commitment to providing innovative and comprehensive insurance solutions.

Speaking about the launch, Mr. Subramanyam Brahmajosyula, Chief Product & Marketing Officer, SBI General Insurance, said, “At SBI General Insurance, we understand that every home is unique, and so are its protection needs. Whether it’s a homeowner safeguarding a lifelong investment or a tenant securing valuable possessions, each individual has distinct insurance needs. With SBI General Flexi Home Insurance, we offer a tailor-made solution that provides peace of mind through flexible and extensive coverage. This product is designed to empower customers with the freedom to choose their protection levels while ensuring financial security against unforeseen circumstances.”

Amazfit Offers Big Discounts for Amazon Summer Sale

National, April 30, 2025: Amazfit, a global smart wearable brand trusted by athletes worldwide for its precision, has announced exciting discounts across its popular smartwatch line-up during the Amazon Great Summer Salestarting May 1st. As part of this limited-time offer, customers can avail unbeatable deals on flagship models, including the extended launch pricing on the newly launched Amazfit Active 2.

Whether you’re upgrading your fitness routine or stepping into the world of smart wearables, Amazfit’s summer offers make it the perfect time to buy. These limited-time deals are available exclusively on Amazon and Amazfit’s official website during the Great Summer Sale.

Amazfit Active 2

Amazfit has elevated its best-selling Active series with the launch of the Amazfit Active 2 in India. Unveiled at CES 2025 and honored with the prestigious “Top Tech of CES 2025” award, the Active 2 is designed for fashion-forward, health-conscious consumers, seamlessly blending advanced fitness tracking with sophisticated design. Crafted with a sleek stainless steel body, the smartwatch features a 1.32-inch AMOLED display boasting a peak brightness of 2,000 nits, ensuring crystal-clear visibility even under direct sunlight. The Amazfit Active 2 is available in two distinct models.

Premium Version comes with both a luxurious black leather strap and a bold red silicone strap, paired with a durable sapphire glass screen, offering users the versatility to switch between elegance and sporty vibrance. Standard Version features a black sports-style silicone strap engineered for breathability and superior comfort during workouts.

Amazfit Offers Big Discounts for Amazon Summer Sale

Amazfit T REX-3: 

 As the latest in the T-Rex series, it embodies the “Brave Your Adventure” philosophy, offering professional-grade durability with a mud-resistant design, 45-meter freediving capability, high- precision positioning, and optimized route navigation including offline contour maps with turn directions. With its ultra-long 27-day battery life and performance in extreme environments, the T-Rex 3 is the ultimate GPS smartwatch for multi-environment athletic adventures.

Amazfit Balance

The Amazfit Balance is crafted with precision to aid individuals in attaining a harmonious balance between life, work, and well-being. The Amazfit Balance integrates an upgraded dual-LED and 8PD BioTracker™ 5.0 PPG biometric optical sensor. It introduces a new dimension to health data tracking with the “Body Composition” measurement feature. This enables users to effortlessly measure body fat percentage, skeletal muscle, muscle mass, water content, bone mass, protein levels, BMI, and Basal Metabolism—all directly from their wrist.

Available in Sunset Grey and Midnight Black, the Amazfit Balance offers a choice between durable silicon straps and skin-friendly nylon straps for personalized comfort. With a remarkable 14-day battery life, it ensures uninterrupted performance. The smartwatch is compatible with both Android and iOS devices and features advanced health tools including the BioTracker™ sensor and comprehensive Body Composition analysis. 

Amazfit Active

This smartwatch offers a multitude of fitness and health features along with built-in navigation. The Amazfit Active Smartwatch features a vibrant 1.75″ HD AMOLED display encased in an elegant stainless-steel frame, delivering an immersive visual experience with lasting comfort thanks to its lightweight design. It can track over 120 different types of exercises, from running to yoga. With support for five satellite positioning systems, the watch provides accurate navigation whether you’re walking, cycling, or hiking.

The Amazfit Active is available in stylish color options, including Petal Pink and Midnight Black—both currently available at a discounted price of INR 6,999 during Amazon Great Summer sales. Designed to complement your lifestyle, these color variants pair sleek aesthetics with everyday functionality. 

Amazfit Active Edge:

With its rugged sport and fitness design, the Amazfit Active Edge features five satellite systems for accurate GPS tracking, an AI Health Coach for gym, outdoor workouts, and exercise, 16-day battery life, and 10 ATM water resistance. It supports over 100 watch faces and sports modes, along with the Zepp Coach mode that helps users with customised training plans. Offered at its lowest price ever, the Amazfit Active Edge delivers unmatched performance and features at the most competitive price point in its segment—making it a standout choice for fitness and adventure enthusiasts.

Amazfit Helio Ring

This innovative smart ring is equipped with 10ATM water resistance, making it suitable for various activities, including swimming. One of its standout features is EDA (Electrodermal Activity) monitoring, which helps users track their emotional well-being by measuring stress levels through skin conductance. This smart ring can be worn alone or paired with your Amazfit smartwatch. Users can sync workout and sleep data from the Amazfit Helio Ring or other Amazfit smartwatches to the Zepp App, offering a combined and holistic view of performance, recovery, and insights. Available in three different sizes, it ensures a comfortable fit for all users. With its stylish appearance and robust functionality, the Amazfit Helio Ring is designed to cater to health-conscious consumers seeking a discreet yet powerful wearable device.

 With discounts of up to 52% off, now is the perfect time to invest in an Amazfit smartwatch and embark on a journey towards enhanced health and wellness. Don’t miss out on this exclusive opportunity to upgrade your lifestyle with cutting-edge wearable technology from Amazfit.

Amazfit GTR4 New: 

The Amazfit GTR4 New features a stunning 1.45-inch AMOLED display, delivering ultra-high definition visuals with a resolution of 331 ppi. Whether under bright sunlight or in dimly lit environments, the vibrant display ensures that every detail is clearly visible. The smartwatch’s always-on display feature, combined with a vast selection of over 150 watch faces, enables users to effortlessly express their unique style. Available in the sophisticated Galaxy Black and timeless Brown Leather editions, this cutting-edge smartwatch combines cutting-edge technology with elegant design. 

Affordable Entry Points and High Returns Drive Growth in Tier 2 Cities Over Metros: Magicbricks

New Delhi, April 30, 2025: Magicbricks, India’s leading real estate platform, has released fresh insights highlighting a robust surge in real estate activity across North India’s Tier 2 cities—Kanpur, Lucknow, Jaipur, and Dehradun—driven by infrastructure development, employment opportunities, evolving buyer preferences, and increasing appetite for premium housing.

According to the platform, Kanpur recorded the highest YoY increase in property prices in North India at 24.53%, with the average rate reaching INR 6,986 per square foot (psf). The growth has been primarily driven by increased interest in the premium housing segment. The city also saw a 29.13% YoY rise in housing demand, attributed to rapid industrialization and improved connectivity. Professionals from textiles, manufacturing, and the education sector are increasingly investing in the city’s housing market. In terms of supply, Kanpur recorded a 4.73% YoY increase, including a 47% jump in the availability of multistorey apartments.

Lucknow continues to emerge as a highgrowth city with a 22.61% YoY increase in property prices. Infrastructure upgrades such as the Lucknow Metro expansion, and enhanced inter-city connectivity via Agra-Lucknow and Purvanchal Expressways, have catalyzed a 20.69% YoY rise in housing demand. The city also led in new supply, witnessing a 12.73% YoY growth, with multistorey apartment listings surging 65% and residential houses 27%.

According to the portal, Jaipur posted an 18.61% YoY increase in property prices, largely due to a 56% rise in the supply of 3BHK units, catering to a growing base of mid-to-premium homebuyers. The city recorded a 78% YoY increase in multistorey apartment listings, contributing to an overall 11.77% increase in residential supply. Jaipur also stands out as the most budget-friendly market for 1 and 2 BHK units, offering affordability in a rapidly growing urban environment.

Dehradun, known for its lifestyle appeal and natural surroundings, observed a 4.90% YoY price appreciation, with multistorey apartments priced highest at INR 6,500 psf among all unit types. While the city experienced a 4.87% dip in overall residential supply, multistorey apartment listings grew 49% YoY, indicating shifting buyer interest. Dehradun also leads in supplying larger homes, with 26% of new supply in the 2,000–3,000 sq ft segment—more than any of the other cities.

Across these Tier 2 cities, the platform has observed that multistorey apartments are gaining traction, with average prices ranging from INR 5,600 to INR 6,700 psf. Over 50% of homebuyers prefer units larger than 1,250 sq ft, and units between 1,250–2,000 sq ft saw the highest demand. Lucknow and Jaipur lead in supplying spacious units in this range, while Dehradun has the highest share of even larger homes.

Elaborating on the same, Prasun Kumar, Chief Marketing Officer, Magicbricks said,
“North India’s real estate landscape is evolving rapidly. These Tier 2 cities are no longer secondary markets—they’re becoming prime investment destinations. With expanding infrastructure, increasing supply of modern housing, and rising demand from young professionals and first-time buyers, these cities are poised to play a major role in India’s real estate growth over the next decade.”

As infrastructure continues to improve and demand remains high, these Tier 2 cities are expected to drive a significant portion of India’s residential real estate activity, offering both end-users and investors lucrative opportunities.

Digital Transformation in Agriculture: Opportunities and Challenges for Entrepreneurs

By – Mr. Rajesh Aggarwal, Managing Director, Insecticides India Ltd

Digital Transformation in Agriculture: Opportunities and Challenges for Entrepreneurs

India, a global agricultural powerhouse, has long depended on its agrarian infrastructure, with a significant portion of its population relying on agriculture for their livelihoods. The agricultural sector, contributing over 20% to India’s income, remains a central pillar of the economy. As of now, the agricultural sector continues to make remarkable contributions to the Gross Domestic Product (GDP), and by 2030, it is projected to contribute around $600 billion to India’s GDP.

Agriculture, often termed as the backbone of India’s economy, is currently undergoing a substantial revolution fueled by digital transformation. This metamorphosis, driven by the integration of technology into agricultural practices, has presented entrepreneurs with unprecedented opportunities to contribute to the sector’s growth. Agtech, emerging as a catalyst, holds the promise of making Indian farmers more profitable while boosting the overall contribution of agriculture to the nation’s economy. Traditionally, farmers were just one among many stakeholders in a market centered around mandis. However, the digital era, coupled with the evolution of numerous agritech solutions, has placed the farmer at the core of the entire ecosystem. The digitization of various aspects, including finance, inputs, and advisory services, is now directly targeting and benefiting the farmer.

Opportunities in the digital landscape

In the segment of digital opportunities, precision farming emerges as a transformative pathway. Armed with data analytics, sensors, and satellite imagery, entrepreneurs can empower farmers with real-time insights into crucial factors such as soil health, weather conditions, and crop performance. This wealth of information becomes a potent tool for farmers, enabling them to make informed decisions, optimize resource utilization, and ultimately enhance productivity.

E-marketplaces and supply chain management are undergoing a paradigm shift through digital platforms. Entrepreneurs can craft solutions connecting farmers directly to consumers, eliminating intermediaries and streamlining the supply chain. These digital marketplaces not only ensure fair prices for farmers but also make quality produce more accessible to consumers.

The evolution of user-friendly farm management software is another noteworthy opportunity. Entrepreneurs can develop solutions aiding farmers in planning, monitoring, and analysing their agricultural activities. Covering a spectrum of tasks from crop rotation to pest management, these digital tools act as comprehensive guides for farmers seeking to optimize their operations.

Blockchain technology, known for transparency and traceability, finds its place in agriculture. Entrepreneurs can design blockchain solutions to trace the journey of agricultural products from farm to fork, assuring consumers of quality and authenticity, thereby cultivating trust in the supply chain.

The entrepreneurial landscape is ripe for startups addressing specific agricultural challenges. Water management, pest control, and sustainable farming practices are focal points for innovative solutions. Entrepreneurs can carve out niches, developing solutions that cater to the unique needs of Indian farmers and contribute to sustainable agricultural practices.

Challenges on the horizon

However, amid these opportunities lie challenges. One primary challenge is the digital literacy of the farming community, especially in rural areas. Entrepreneurs must design user-friendly solutions and invest in training programmes to bridge this gap. In remote agricultural regions, inadequate infrastructure and inconsistent internet connectivity pose significant challenges. They must consider these limitations and design solutions that can function in low-connectivity environments.

Also, one would need to consider that all the agritech companies are working with a very niche segment of farmers till date and commercialization on a large scale where these technologies will be available at a cost within the reach of even small and marginal farmers. We need to wait and watch for the same as before this, it is really difficult to ascertain the real benefits of technology in agriculture. Although things are moving in the right direction and we all are very optimistic for the same. 

The cost of implementing digital technologies can be a barrier, particularly for small-scale farmers. Entrepreneurs need to create scalable and affordable solutions to ensure widespread adoption across different economic strata within the farming community. Cybersecurity concerns also loom large, given the sensitive nature of agricultural data. Entrepreneurs must prioritize the development of secure platforms to safeguard farmers’ information. As the regulatory landscape in agriculture evolves, entrepreneurs need to navigate and comply with existing regulations while advocating for policies that promote the seamless integration of digital technologies into the sector.

Digital transformation in agriculture presents a myriad of opportunities for entrepreneurs in India. By addressing the challenges head-on and developing innovative, farmer-centric solutions, entrepreneurs can contribute significantly to the modernization of Indian agriculture.

At first, the idea of maintaining your own lush green garden might feel overwhelming—the soil, the watering, the upkeep. But once you begin, you realize it’s less about perfection and more about nurturing life. On top of everything, the rewards are incredible, healthier meals, a calmer mind, and a deeper connection to nature.

Plants like tulsi, mint, coriander, and ajwain are not only low-maintenance but incredibly beneficial for your gut health. They improve digestion, reduce bloating, and bring balance to your system, all straight from your backyard. Most of these can be easily grown in pots with well-drained soil, a bit of sun, and regular watering, making them perfect even for urban balconies or small patios.

Other powerful additions to a home garden include mushrooms like shiitake and lion’s mane, which support digestion, reduce gut inflammation, and help maintain a healthy gut lining. Microgreens, which are young greens picked just a few days after they begin to sprout, are also a fantastic option. Rich in fiber, antioxidants, and enzymes that feed good gut bacteria, they are incredibly easy to grow. With just quality seeds and a simple kit, you can enjoy a fresh harvest in under a week.

And it’s not just about food. Gardening is therapeutic. It reduces stress, improves mood, and invites mindfulness into your daily routine. Watching something grow under your care instills a unique sense of fulfillment and teaches patience and consistency.

Growing your own food connects you deeply with nature, your body, and your well-being. It gives you control over what exactly your family needs, where it is to be grown, and how it is to be nurtured. This way, you feel more secure of what you consume and how it impacts your health. What’s beautiful is that even a small step like reusing kitchen waste as compost or harvesting rainwater can create a more sustainable home ecosystem.

It’s not about having acres of land, it’s about making the most of what you have. A sunny windowsill, a balcony railing, or a small terrace can be your starting point. Natural farming is not a trend; it is a return to our roots. And in that return, we find not just nourishment, but peace.

 

Kamya Panjabi on Akshay Tritiya: New Beginnings Aren’t Date-Bound

Akshay Tritiya is considered an auspicious day in Hindu culture, known for bringing good luck, prosperity, and success. It’s a time when people buy gold, start new ventures, or engage in spiritual practices. Kamya Panjabi, who plays the character of Mohini in Sun Neo‘s show Ishq Jabariya, shares her take on this special day.
 
Kamya Panjabi on Akshay Tritiya: New Beginnings Aren’t Date-Bound
 
Kamya shares a powerful message on embracing new beginnings with courage and a clear heart, “Akshay Tritiya is often considered one of the most auspicious days to begin something new whether it’s buying something special, taking a big leap, or making a life decision. While I personally dont limit new beginnings to a particular date or muhurat, I deeply respect those who find strength and positivity in such traditions. I believe that every day is a good day if your intentions are pure and your heart is ready. What’s truly important is to not postpone your dreams out of fear or hesitation. Taking the first step no matter how small holds immense power. A fresh start doesn’t need a perfect day; it needs your courage and belief in yourself.”
 
The Ishq Jabariya actress further adds, “I believe in taking bold steps. Whenever the heart feels like doing something new whether it’s chasing a passion, starting a new project, or buying something meaningful we should just go for it. Life moves fast, and waiting for the “right moment” often becomes an excuse. What matters more is the intent and the action, not the date on the calendar. So to everyone who celebrates, may this Akshay Tritiya bring courage, abundance, and fresh beginnings. And to those who dont follow the tradition still take this moment as a gentle nudge to start something you’ve been holding back. After all, the best time to begin is always now.”
Kamya currently plays the role of Mohini in Sun Neo‘s Ishq Jabariya, airing on at 10:00 PM. The show is a compelling love story that follows Gulki, a strong-willed young woman with big dreams. With a stellar cast  also featuring Dipshikkha Nagpal, Siddhi Sharma, and Lakshay Khurana, the show brings emotion and depth to its captivating narrative.

Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026

Chandigarh, India, April 30, 2025: Embassy Office Parks REIT , India’s first listed REIT and the largest office REIT in Asia by area, reported results today for the fourth quarter and full year ended March 31, 2025. 

Embassy REIT Grows Distributions by 8% in FY2025 and Projects Double-Digit Distribution Growth in FY2026

Ritwik Bhattacharjee, Chief Executive Officer of Embassy REIT, said,

 “We’re delighted to report another excellent year for Embassy REIT as we mark six years since our listing in April 2019. In FY2025, we leased 6.6 msf, delivered 2.5 msf of new development and acquired a 5.0 msf high-quality asset. Notably, we increased distributions by 8% and are pleased to guide to doubledigit distribution growth in FY2026. Our business is in excellent shape and our world-class office portfolio continues to see strong demand from leading companies across the globe.”

 The Board of Directors of Embassy Office Parks Management Services Private Limited (‘EOPMSPL’), Manager to Embassy REIT, at its Board Meeting held earlier today, declared a distribution of ₹538 crores or ₹5.68 per unit for Q4 FY2025. With this, the cumulative distribution for FY2025 totals ₹2,181 crores or ₹23.01 per unit. The record date for the Q4 FY2025 distribution is May 3, 2025, and the distribution will be paid on or before May 9, 2025. 

Business Highlights

· Leased 6.6 msf across 98 deals in FY2025 including 4.0 msf of new leases, 1.6 msf of renewals and ~1 msf of pre-leases

·  Global Capability Centers (GCCs) across sectors accounted for ~60% of the annual leasing activity

·  Portfolio occupancy stands at 91% by value* —Bengaluru at 92%, Mumbai at 100%, and Chennai at 95%

Financial Highlights

·  Grew Revenue from Operations and Net Operating Income (NOI) by 10% YoY to a record ₹4,039 crores and ₹3,283 crores, respectively

· Delivered Distributions of ₹2,181 crores or ₹23.01 per unit, up 8% YoY for FY2025; Cumulative distributions of over ₹12,000 crores since listing

·  Refinanced ~₹6,300 crores debt at an average rate of 7.98%; Continue to maintain a strong balance sheet with dual AAA/Stable credit ratings 

Operational & Growth Highlights

·   Delivered 2.5 msf new development in Bengaluru; Current development pipeline of 6.1 msf in Bengaluru & Chennai at 18% yield on cost

· Acquired 5.0 msf premium business park in Chennai; Actively evaluating inorganic growth opportunities including ROFO assets from the Embassy Sponsor as well as other assets from third parties

· Hotel portfolio performed strongly with 63% occupancy up 7% YoY, 12% ADR growth and growth in annual EBITDA by 25% 

 

Consolidated Audited Financial Results for Q4 & FY2024-25 Ended 31st March 2025

Chandigarh, April 30, 2025: The Board of Directors of PNB Housing Finance Limited, approved the Consolidated Audited Financial Results for the quarter and financial year ended 31st March 2025. The financial numbers are based on IndAS.
 
Key Highlights for FY25
 
·            Disbursement grew by 25% YoY to INR 21,972 crore during FY25. In Q4 FY25, disbursements grew by 23% YoY and 27% QoQ to INR 6,854 crore.

·            Affordable and Emerging Market segment contributed 40% to the retail disbursement in Q4 FY25.

·         Gross NPA declined by 42 bps to 1.08% as on 31st Mar 2025 as compared to 1.50% as on 31st Mar 2024.

·         Recovery from written-off pool continues with total recovery of INR 336 crore in FY25

·         Profit after Tax for FY25 is at INR 1,936 crore vs INR 1,508 crore registering an increase of 28% YoY

·         Capital Risk Adequacy Ratio stood at 29.38% as on 31st Mar 2025; Tier I stood at 28.39%.

·         The Board of Directors recommended a dividend of INR 5 per equity share having face value of INR 10/- for FY25, subject to the shareholder’s approval at the ensuing Annual General Meeting.

Financial performance (Q4 FY24-25 vs Q4 FY23-24 and Q3 FY24-25)

·         Net profit increased by 25.0YoY and 14.0QoQ to INR 550 crore

·         Net Interest Income grew by 16.2% YoY and 5.5% QoQ to INR 734 crore.

·         Operating expenditure grew by 18.2% YoY and 2.6% QoQ to INR 208 crore

·         Pre-provision operating profit grew by 14.1% YoY and 11.5% QoQ to INR 646 crore

·         Yield at 10.03% in Q4 FY25 as compared to 10.12% in Q3 FY25 and 10.08% in Q4 FY24

·         Cost of Borrowing is at 7.84% in Q4 FY25 as compared to 7.83% in Q3 FY25 and 7.98% in Q4 FY24

·         Spread on loans is at 2.19% in Q4 FY25 as compared to 2.29% in Q3 FY25 and 2.10% in Q4 FY24

·         Net Interest Margin stood at 3.75% in Q4 FY25 as compared to 3.70% in Q3 FY25 and 3.65% in Q4 FY24. Gross Margin, net of acquisition cost, stood at 4.27% in Q4 FY25

·         With recovery from write-off pool, Credit Cost was -32 bps in Q4 FY25 as compared to -19 bps in Q3 FY25 and 4 bps in Q4 FY24

Financial performance (FY24-25 vs FY23-24)

·         Profit after Tax is at INR 1,936 crore vs INR 1,508 crore in FY24 registering an increase of 28.4% YoY.

·         Net Interest Income grew by 9.3% YoY to INR 2,750 crore. The Net Interest Income for Retail segment grew by 15.0% YoY.

·         Operating expenditure increased by 21.3% YoY to INR 799 crore

·         Pre provision operating profit grew by 9.5% YoY to INR 2,328 crore

·         Yield at 10.05% in FY25 as compared to 10.35% in FY24

·         Cost of Borrowing is at 7.86% in FY25 as compared to 8.01% in FY24

·         Spread on loans is at 2.19% in FY25 as compared to 2.34% in FY24

·         Net Interest Margin stood at 3.70% in FY25 as compared to 3.74% in FY24. Gross Margin, net of acquisition cost, stood at 4.11% in FY25

·         With recovery from retail written off pool, Credit Cost was -21 bps in FY25 as compared to 25 bps in FY24

·         ROA improved by 35 bps YoY at 2.55% in FY25 (annualized)

·         ROE is at 12.19% (annualized) for FY25

Business Operations

·         The disbursements during FY25 grew by 25% YoY to INR 21,972 crore. For Q4 FY25, disbursement stood at INR 6,854 crore registering an increase of 23% YoY and by 27% QoQ.

o    Retail disbursement grew by 26% YoY to INR 21,938 during FY25. In Q4 FY25, retail disbursements grew by 24% YoY and by 27% QoQ to INR 6,854 crore.

·         Loan Asset grew by 16% YoY and 5% QoQ to INR 75,765 crore as on 31st Mar 2025

o    Retail loans grew by 18% YoY and 6% QoQ to INR 74,802 crore as on 31st Mar 2025. Within Retail, Affordable Loan Asset grew by 183% YoY to INR 5,070 crore, Emerging Markets Loan Asset grew by 21% YoY to INR 14,125 crore and Prime segment grew by 12% YoY to INR 55,607 crore as on 31st Mar 2025.

o    Corporate loans are at INR 963 crore as on 31st Mar 2025, reduced by 53% YoY

·         Asset under Management (AUM) grew by 13% YoY and 5% QoQ to INR 80,397 crore as on 31st Mar 2025

Distribution and Service Network

·         The Company has 356 branches / outreach locations as on 31st Mar 2025:

o    Affordable business presence in 200 branches

o    Dedicated 60 branches for Emerging Markets Segment

o    96 branches for Prime segment

Asset Quality

·         Gross Non-Performing Assets stood at 1.08% as on 31st Mar 2025 as compared to 1.19% as on 31st Dec 2024 and 1.50% as on 31st Mar 2024

o    Retail GNPA is 1.09% as on 31st Mar 2025 as compared to 1.21% as on 31st Dec 2024 and 1.45% as on 31st Mar 2024

o    Corporate GNPA stands Nil as on 31st Mar 2025 and 31st Dec 2024 as compared to 3.31% as on 31st Mar 2024

·         Net NPA stood at 0.69% as on 31st Mar 2025. NNPA in Retail segment is at 0.70%

Capital to Risk Asset Ratio (CRAR)

·         The Company’s CRAR stood at 29.38% as on 31st Mar 2025, of which Tier I capital is 28.39% and Tier II is 0.99% as compared to 29.26% as on 31st Mar 2024, of which Tier I capital is 27.90% and Tier II is 1.36%.

Commenting on the performance Mr. Girish Kousgi, Managing Director & CEO said:

During the Financial Year 2024-25, the Company delivered strong performance across multiple parameters and surpassed its stated guidance for the year on growth, asset quality and profitability. The Retail Loan Asset grew by 18.2% YoY to INR 74,802 crore as on 31st March 2025, which was supported by growth in the Affordable and Emerging Markets segment. The Affordable segment Loan Asset crossed a significant milestone of INR 5,000 crore during the year. With focus on collections across buckets, the Gross NPA improved to 1.08% as on 31st Mar 2025 as compared to 1.50% as on 31st March 2024. On the back of strong business and financial performance, the RoA increased by 35 bps 2.55% for FY2024-25.

This remarkable progress is a testimony of our unwavering commitment to empowering individuals and families in their journey towards owning a home. As we progress, we will continue to focus on profitable growth while sustaining the Asset Quality.