Press note - Avartana at ITC Maratha: Celebrating One Year of Culinary Excellence

 

Mumbai, January 31st, 2025: Avartana, known for its blend of tradition and innovation, has

quickly become a culinary destination that’s transforming the way we think about South Indian

food. Avartana expanded its legacy to ITC Maratha, Mumbai a year ago. Since then, it has

been offering an entirely new dining experience, one that takes you on a gastronomical journey

through South India’s rich flavors with a modern twist.

But Avartana isn’t just a place to eat, it’s an experience. Each dish is a work of art, thoughtfully

crafted by chefs who take months to perfect recipes. Every bite offers a story that mixes old-

world traditions with creative techniques, making you feel, taste, and see food in a whole new

way.

Chef Diptii Jadhav, the heart of Avartana’s kitchen, has been with the restaurant since its

inception. Her approach blends the authenticity of South Indian cuisine with modern touches,

ensuring each dish is a perfect balance of flavors, textures, and visual appeal. Whether it’s

sourcing the finest ingredients or plating with precision, Chef Jadhav’s passion shines through

in every dish.

Avartana’s menu is all about choice and variety; the restaurant offers a range of set menus,

each thoughtfully curated to provide a unique culinary journey. Diners can choose from the

seven-course Maya menu, the nine-course Bela menu, the 11-course Jiaa menu, and two

exquisite 13-course menus, Anika and Tara. These menus are available in both vegetarian

and non-vegetarian options, ensuring there is something extraordinary for every guest.

Complement your culinary dining experience with a refreshing selection of mocktails and

cocktails, expertly crafted with Indian spices and fresh flavours.

With a mix of traditional South Indian elements and contemporary elegance, the ambiance is

the perfect backdrop for an unforgettable meal. Every detail, from the lighting to the music,

enhances the dining experience, making it feel special from the moment you walk in.

As Avartana celebrates its first anniversary in Mumbai, it’s clear that the restaurant has made

a big impact. In just a year, it has earned praise for its exceptional food, attentive service, and

luxurious atmosphere, quickly becoming one of Mumbai’s top fine dining spots. And it’s not

just about the food; Avartana is setting the bar for what progressive South Indian dining can

be. If you haven’t experienced it yet, there’s no better time than now to discover Avartana.

Whether you’re a food lover or simply curious to explore a new way of enjoying South Indian

cuisine, Avartana promises a dining experience that’s unforgettable.

Address: ITC Maratha, Sahar, Andheri East, Mumbai, Maharashtra 400099

Timing: 12:00 pm to 3:00 pm on Sunday, 7;00pm to 11:00pm everyday

For Reservation, Please contact 022-40341800

TVS Credit reports robust PAT growth of 28% to Rs. 541 Crore for the nine months ended Dec ‘24, compared to the same period last year

 

Chennai, 28 January 2025: TVS Credit Services Limited, one of India’s leading NBFCs, published its unaudited financial results for the quarter ended and nine months ended December 31, 2024, which reflect the Company's robust growth and financial stability. The NBFC reported a net profit after tax of Rs. 541 Crore for the nine months ended December 31, 2024.

 

The Company reported Assets Under Management (AUM) of Rs. 27,190 Crore as of Dec ‘24, registering a Y-O-Y growth of 7% as compared to Dec ‘23. 

 

Q3 FY25 Highlights: 

·         AUM stood at Rs. 27,190 Crore as of Q3 FY25, a 7% growth compared to Q3 FY24.

·         Total Income for Q3 FY25 was Rs. 1,710 Crore, a 12% growth compared to Q3 FY24.

·         Profit Before Tax for Q3 FY25 stood at Rs. 321 Crore, a 40% growth compared to Q3 FY24.

·         Net Profit After Tax was Rs. 240 Crore for Q3 FY25, a 40% growth compared to Q3 FY24.

 

9M FY25 Highlights:

·         AUM stood at Rs. 27,190 Crore as of Dec ‘24, a 7% growth compared to Dec ‘23.

·         Total Income for 9M FY25 was Rs. 4,956 Crore, a 16% growth compared to 9M FY24.

·         Profit Before Tax for 9M FY25 stood at Rs. 724 Crore, a 28% growth compared to 9M FY24.

·         Net Profit After Tax was Rs. 541 Crore for 9M FY25, a 28% growth compared to 9M FY24.

 

In Q3 FY25, credit demand increased, driven by festive fervour, increased consumption and attractive consumer offers. TVS Credit witnessed healthy growth during this period, particularly in Consumer Loans & Vehicle Finance with an improvement in market share. In Q3 FY25, TVS Credit witnessed its highest ever quarterly growth in customers, disbursing loan products to a record 16 Lakh new customers, taking its total base to nearly 1.8 crore customers.

 

TVS Credit remains resolute in its commitment to expand the product offerings, distribution, digital transformation, enhancing customer experience and operational efficiency.

 

Item	Q3FY24	Q3FY25	Growth %	9M FY24	9M FY25	Growth %
AUM	25,315	27,190	7%	25,315	27,190	7%
Total Income	1,527	1,710	12%	4,276	4,956	16%
Profit - Before Tax	230	321	40%	566	724	28%
Profit - After Tax	172	240	40%	424	541	28%

 

 

About TVS Credit Services Limited:

TVS Credit Services Limited is one of India’s leading and diversified Non-Banking Financial Company registered with the RBI. With over 49,300 touchpoints across India, the Company aims to empower Indians to dream bigger and fulfil their aspirations. Being the number one financier for TVS Motor Company Limited and one of the leading Consumer Durable and Mobile Phone financiers, TVS Credit has a fast-growing footprint in Used Car Loans, Tractor Loans, Used Commercial Vehicle Loans, and Unsecured Loans. Powered by robust new-age technologies and data analytics, the Company has served nearly 1.8 Crore happy customers.

 

Crossword Turns Official Bookstore Partner for Jaipur Literature Festival(JLF) 2025!

 Jan 29th, 2025, Mumbai: What happens when India’s favourite bookstore partners with the world’s greatest literary festival? A magical celebration of stories, culture, and creativity that’s not to be missed! India’s most beloved bookstore brand, Crossword, is thrilled to announce its role as the Official Bookstore Partner for Jaipur Literature Festival 2025, from January 30 to February 3, 2025.

The 2025 edition of the Jaipur Literature Festival will continue its tradition of fostering literary thought and engaging with the most pertinent global themes. This year’s festival promises an exciting lineup of award-winning authors, Nobel laureates, Man Booker Prize winners, and debut voices, covering a wide spectrum of topics, from literature and politics to science, history, and sustainability. In addition to the literary sessions, visitors can enjoy live music performances, cultural showcases, and a rich gastronomic experience, making the festival an all-encompassing celebration of creativity and culture.

As the Official Bookstore Partner, Crossword will bring its signature charm and expertise to the festival, curating an immersive bookstore experience. Attendees can browse a wide selection of books, including works by participating authors, festival themes, and literary classics. Beyond just books, Crossword’s space will host exclusive book signings, meet-and-greet sessions with authors, and interactive activities designed to celebrate the joy of reading.

“Crossword Bookstores is proud to partner with the Jaipur Literature Festival, a global celebration of literature that unites storytellers, ideas, and cultures. This partnership embodies our shared belief in the transformative power of books to bridge worlds, spark dialogue, and inspire a deeper appreciation for the beauty of human expression.," said  Aakash Gupta, CEO of Crossword Book Stores  

Held at Jaipur’s Hotel Clarks Amer, the event described as the ‘greatest literary show on Earth’, it is more than a festival, it’s a global phenomenon. Over five days, the event transforms the Pink City into a vibrant hub of culture, creativity, and intellectual exchange. Featuring renowned authors, poets, journalists, historians, thinkers, and cultural icons, the festival is a treasure trove of ideas, with sessions ranging from thought-provoking debates to intimate discussions about books, art, and the human experience.

“At Crossword Bookstores, we are committed to enriching lives through the transformative power of books. At Jaipur Literature Festival, we bring this mission to life by creating experiences that ignite a passion for reading, spark meaningful conversations, and nurture a lifelong love for literature," said Nidhi Gupta, Director of Crossword Bookstores.

As the Jaipur Literature Festival 2025 unfolds, Crossword invites you to be part of this extraordinary celebration of literature and culture. Whether you’re a book enthusiast eager to meet your favourite authors or a curious soul seeking inspiration, this collaboration promises an experience that transcends the ordinary! For more details, visit https://jaipurliteraturefestival.org/about  

Pre Union Budget 2025 Expectations Quotes for Web3, Crypto, DeFi, Blockchain Technology, electronic, Defence, drone sectors

 

Pre-budget quote on behalf of Nikhil Sethi, Founder & MD, Zuvomo

 

"The Budget 2025 is a critical moment for India to reclaim its leadership in the global tech ecosystem. India ranks #1 in the number of crypto holders and #3 in tech unicorns globally. Yet, we seem to have missed the Web3 tsunami, which doubled its market cap in 2024 and saw DeFi TVL surge by 2000% year-on-year. Ambiguity in crypto compliance and a regressive tax regime have hindered innovation, pushing startups and talent overseas.
The RBI's stance reflects a lack of understanding of decentralization's intrinsic nature—it cannot be banned, only regulated. Meanwhile, nations like the U.S., Singapore, Russia, South Korea, and the UAE are embracing progressive policies to foster crypto innovation. The approval of Bitcoin and Ethereum ETFs in the U.S. in 2024 underlines the importance of forward-looking regulations.
In a country with thousands of tech startups, a thriving ecosystem, and globally leading talent, the crypto industry expects balanced taxation, clear compliance frameworks, and innovation-friendly policies. These are crucial to ensuring India remains in the forefront. The finance ministry and the RBI must mitigate risks without stifling growth. A progressive approach will unlock massive economic potential, create jobs, and solidify India’s position as a global leader in Web3 innovation."

 

Pre-budget quote on behalf of Sai Pattabiram, Founder & MD, Zuppa Geo Navigation Technologies Pvt Ltd. 

 

"The demand for secure non Chinese drones is growing the world over and more so in India . India has the opportunity to leverage its  own domestic consumption and global reputation as a trustworthy technology partner built by the IT sector to evolve into a global drone hub .
This can only be achieved by India moving deeper into the component level supply chain from the current assembly of imported components level that it is in today .
Drone cybersecurity is turning out to be an absolute must-have for India in particular and global users in general especially after the often quoted electronic warfare threats in Ukraine and the Hezbollah pager attack in Lebanon .
The Government should recognise this huge National as well as global opportunity and support companies involved in Component manufacturing , Cyber , Data Security  and analysis  for drones
A Design linked Incentive ( DLI ) coupled with a PLI that supports use of only Domestically produced components by OEMs will boost the sector in a big way. 

As we await the Union Budget 2025, we anticipate strategic initiatives that will further bolster the industry's growth. We are optimistic that advancements in this area will not only propel the drone sector forward but also have a positive ripple effect on businesses operating in India."

 Company Profile – Zuvomo

https://www.zuvomo.com/

Zuvomo Pvt Ltd partners with entrepreneurs to transform ideas into funded startups using their proven marketing and advisory. The management includes the likes of Mr Nikhil Sethi (Founder and Managing Director), who has been associated with 50+ startups that raised over $500m through crowdfunding, angel investing and VCs. Zuvomo has carved a niche for itself in the space for blockchain startups and aiding them in their launch, research and funding. Their notable associations include Keynote, Cryptokitties, Fantom, VulcanForged, Morpheus.Networkand more. The company follows a thorough evaluation process for selecting startups with a team of world-class advisors, CEOs, and founders of well-established startups. The most exciting thing here is the vast experience that the team brings to the table, which helps in understanding the true potential of the varied mix of players in the industry. After paving the way ahead for startups to multimillion-dollar enterprises, the management is now keen to help startups in this domain explore the opportunities that will help them excel and execute the best practices; with the robust network of a global team, Zuvomo hits the right chords to help a startup translate business into a successful venture.

 Spokesperson’s profile

Sai Pattabiram, Founder & MD ,ZUPPA Geo Navigation Technologies Pvt. Ltd.


Sai Pattabiram has four Decades of experience. Right after finishing MBA in 1981 , the Road Less Travelled has always had a special appeal to Sai.
Starting out in early 1982, a career of  4 decades in India and abroad has been a career of experiences spanning new products across a range of Industries covering Composites , Manufacturing , Defense , Steel , Consumer Durables and Electronics.
The entrepreneurial path starting on 2004 has evolved through various twists and turns to the founding of ZUPPA Geo Navigation Technologies Pvt Ltd better known as ZUPPA which he heads now
ZUPPA is the only Indian company that has developed a unique proprietary computing architecture that has found applications across a range of use cases in Unmanned , Vision Guidance systems as well as  EDGE computing requirements  spread across Defense and Civilian applications .
ZUPPA today is spearheading the country's vision to emerge as the  “ Global  Drone Hub “ by being among a handful of companies across the world having its own “Drone  Autopilot : NavGati” which is at the heart of all the company’s products .
Sai is a recognized thought leader and author on the subject of Cyber Security of Drones, a topic he has been championing for a while now .  
Sai has a deep understanding of India’s Drone Ecosystem both from a regulatory and manufacturing perspective and is a well-knownname in the Aerospace and Defense Industry.

Company Profile – ZUPPA

Website - https://zuppa.io/index.html

Established in 2008 by the dynamic father-son duo, Sai Pattabiram and Venkatesh Sai, Zuppa Geo Navigation Technologies Pvt. Ltd., popularly known as ZUPPA, is a pioneer in drone manufacturing, proudly made in India. A torchbearer in developing motherboards for future-ready 5th Generation Devices, ZUPPA thrives on its proprietary computing architecture known as “DISSEMINATED PARALLEL CONTROL COMPUTING IN REALTIME”. Drawing inspiration from Steve Jobs' belief that design transcends aesthetics to functionality, ZUPPA stands firm on delivering impeccable performance, thanks to its holistic control over technology from inception to fruition.

What makes ZUPPA exclusive?

ZUPPA is the only Indian Drone company to manufacture and market a Drone that is a direct replacement of the internationally famous brand DJI in both features and price terms.

Comprehensive Quality Control: ZUPPA guarantees impeccable product performance due to its end-to-end control over the technology.

Renowned Recognitions: Honored with TANSTIA-FNF Germany's Innovation voucher program and funded under GOI innovation Program by the Department of Science & Technology TIFAC-SIDBI SRIJAN Innovation.

Pioneering in AI: Applied for patents for its unique MADE IN INDIA AI technology.

Industry Standards: Only drone manufacturer boasting both the AIS 140 Compliant MORTH approved Vehicle Tracking & Locating Device and the AS9100D Aerospace Process Standard.

ZUPPA’s Technological Innovation

Humans are adept at parallel processing, managing numerous stimuli while controlling vehicles. This entails a complex interplay of cognitive and reflex systems directing synchronized actions. ZUPPA's AI, DPCC (Disseminated Parallel Control Computing in Real-Time), mimics this human intelligence system of parallel processing. DPCC’s prowess lies in its ability to process data from a multitude of sensors and video feeds, guiding and controlling vehicles, be it aerial drones, ground based UGVs, or waterborne USVs, making them autonomous.

ZUPPA’s Key Offerings

NavGati Autopilot: A cutting-edge motherboard mimicking human interaction with vehicles, processing data from a myriad of sensors, and controlling a vehicle's X, Y, and Z axes.

Drishaya Vision: An innovative motherboard utilizing live camera feed, analogous to human vision, offering real-time piloting or driving of a vehicle.

With its unparalleled commitment to technological evolution, ZUPPA is positioned at the forefront of the burgeoning sectors of Drones, Defence, ADAS, IoT, and connected mobility. Harnessing the best of AI and design philosophy, ZUPPA is poised to redefine industry standards.

 

Anticipating Union Budget 2025: The Tech Industry Sets Expectations

As India gears up for the Union Budget 2025, leading voices from the technology sector share their expectations and recommendations for policy initiatives. Industry leaders from diverse segments including AI, healthcare, wearables, and digital solutions emphasize the need for strategic investments in emerging technologies, digital infrastructure, and workforce development. With India's AI market poised for significant growth, these tech executives outline key areas where budgetary support could accelerate innovation and maintain India's competitive edge in the global technology landscape.

 

● Rajeev Singh, Managing Director, BenQ India and South Asia - Prioritizing AI, Digital Infrastructure, and Manufacturing

 

 

"As we approach the Union Budget 2025, targeted investments in emerging technologies such as artificial intelligence (AI) should remain a key area of focus. With India's AI market projected to reach $17 billion by 2025, there is a strong call for enhanced government support in AI research and innovation. This includes the need for research grants, tax incentives, and public-private partnership frameworks to make long-term AI research commercially viable.

 

We also strongly anticipate enhancements in digital infrastructure, particularly in rural areas, to improve financial inclusion and integrate underserved communities into the economy. The budget should also consider the necessity of high-performance computing resources, data centers, and specialized AI hardware to support innovation. Government support through shared infrastructure models could democratize access to these essential resources and facilitate the growth of AI capabilities across the nation. 

In addition, the establishment of India's first private semiconductor facility in Andhra Pradesh is expected to receive support in the upcoming budget. This initiative will bolster local manufacturing capabilities and reduce dependency on foreign imports, which is vital for the tech sector's growth. With the manufacturing sector being a critical driver of economic growth, we also hope for expanded Production Linked Incentive (PLI) schemes that could create millions of jobs while enhancing India’s manufacturing exports.”

● Gerald Jaideep, CEO, Medvarsity Calls for Policies to Empower Digital Healthcare Education 

"As we anticipate the 2025 Union Budget, there is a strong need for policies that support the growth of digital healthcare education and skilling in India. Initiatives such as tax incentives for organizations investing in healthcare upskilling, funding for digital learning infrastructure, and promoting public-private partnerships can play a transformative role. Additionally, prioritizing innovation and technology in healthcare education will help bridge skill gaps and ensure a future-ready workforce. We hope for a budget that empowers the healthcare ed-tech sector to drive meaningful and scalable impact across the nation."

 

● Ravi Kunwar, VP and CEO, HMD India and APAC: Strengthening Mobile Manufacturing: Call for Enhanced PLI Schemes and Local Value Addition

“As we approach the Union Budget 2025, we see immense potential for policies that could strengthen India's position in the global mobile manufacturing landscape. The Production Linked Incentive (PLI) scheme has been a game-changer for domestic manufacturing and, we believe providing a boost to the PLI scheme with a focus on increasing local value addition to more than 18% is indispensable. Simultaneously, initiatives like these could support the localization of critical smartphone and feature phone components, as this aligns with both our business strategy and India's vision of technological self-reliance is something we as a brand are anticipating.

The upcoming budget has the potential to strengthen domestic component manufacturing, particularly in the mobile segment. We look forward to policies that will boost indigenous production and create a more robust supply chain. 

Our commitment to 'Make in India' remains firm, and we look forward to policy frameworks that could help us to deepen our manufacturing footprint in the country. We are optimistic that the budget will introduce measures to support technological innovation and sustainable growth in the mobile manufacturing sector.”

● CP Khandelwal, CEO PR Innovations and Brand Custodian, Amazfit India Calls for R&D Incentives and Digital Growth 

 

 

 

 

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“As we approach the 2025 Union Budget, we hope for policies that further accelerate the growth of the technology and wearable industry. This sector thrives on innovation, and initiatives such as incentivizing R&D, reducing import duties on key components, and offering tax benefits for companies investing in advanced technologies could drive significant progress. Additionally, measures to promote digital adoption and skill development in tech will ensure India remains a leader in the global wearable market. We look forward to a budget that fosters innovation and positions the technology sector as a cornerstone of India's economic growth."

 

● Srividya Kannan, Founder and CEO, Avaali Solutions: Fostering AI Innovation and Digital Talent: Building India's Tech Leadership

 

 

“The 2025 Union Budget should focus on creating a robust ecosystem that incentivizes the adoption and development of AI across industries while empowering the tech workforce through structured learning initiatives. It is vital for the government to support R&D and innovation in AI so that India solidifies its position as a global leader in technology innovation. I’m keen to see the government allocate subsidies, incentives, or grants specifically for developing AI-driven solutions. Policies supporting R&D in AI applications, particularly for enhancing automation, improving efficiencies, and enabling data-driven decision-making, will give Indian businesses a competitive edge in global markets. An emphasis on building cybersecurity infrastructure and policies that encourage the adoption of digital and AI workflows will play a pivotal role as well. Grants or tax breaks to promote AI-enhanced automation platforms will help organizations streamline their processes while staying globally competitive.

Moreover, for India to retain its status as the digital talent powerhouse of the world, upskilling and reskilling the workforce should be a priority. The budget should allocate increased funding toward government-sponsored training programs in AI, machine learning, and cybersecurity. Partnerships between academia and industry to create advanced certification programs could further prepare the workforce for the demands of enterprises undergoing digital transformation. Special focus on women’s participation in tech through scholarships or incentives would also ensure a more inclusive ecosystem.”