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Best of Best Conference & Awards Mark 10 Years of Driving Workplace Inclusion through BCWI

Avtar Group, India’s leading workplace culture consulting firm, hosted BOB – the Best of Best Conference & Awards, India’s prestigious gathering of workplace culture & inclusion experts and thought leaders, at ITC Grand Chola. Best of Best is an annual conference conducted by the Avtar Group, that celebrates the winners of Avtar & Seramount Best Companies for Women in India (BCWI), the Most Inclusive Companies Index (MICI) and Best Companies for ESG (BCESG) and the Male Ally Legacy Award (MALA).

 

L-R: Subha Barry, President, Seramount; Pooja, Director – HR, P&G; Dr Tamizhachi Thangapandian, MP; Dr Saundarya Rajesh, Founder – President, Avtar Group

 

BOB 2025 stood as a milestone moment – it commemorated the tenth anniversary of BCWI which was launched in 2016. Across its revolutionary ten-year journey, Avtar & Seramount Best Companies for Women in India’(BCWI) has guided over 400 organizations in embedding inclusive policies, serving as a compelling tool in shifting mindsets and steadily elevating the benchmark for workplace inclusion nationwide. Breaking new ground, women’s representation in leadership among the Best Companies rose to 20% for the first time, with overall female workforce participation steady at 36%, up from 25% in 2016.

 

Reflecting on the milestone, Dr Saundarya Rajesh, Founder – President, Avtar Group said, “Twenty-five years ago, Avtar set out to make inclusion a reality in Indian workplaces. Ten years ago, BCWI became our way to measure that change, to see how intent turns into impact. Today, as we celebrate its tenth edition, we see not just statistics but stories of women who found opportunity, of leaders who chose empathy, and of organizations that turned intent into action.”

 

The Male Ally Legacy Award (MALA), which celebrates male leaders who have led efforts to transform workplace attitudes and foster inclusion for women, was presented to Mr. Sudeep Jain, Managing Director, South West Asia, Intercontinental Hotels Group. The choice of jury awards were bagged by COO & EVP, Financial Services SBU, Capgemini Technology Services India Ltd and Mr Mohit Sood, Regional Managing Principal, ZS.

 

Centered on the theme Unbox Inclusion, BOB 2025 explored topics such as lighthouse leadership, innovative inclusion practices, organizational vitality, and redefining leadership through a new understanding of power.

 

Speaking about the event and its theme, Dr Saundarya said, “As the world of work continues to evolve, with AI reshaping work, hybrid teams becoming the norm, multiple generations working side by side, and global challenges like climate change affecting us all, inclusion needs a new lens. Unbox Inclusion is about doing just that: breaking open old ideas and seeing inclusion as something that lives in our everyday actions, choices, and conversations. The future belongs to workplaces that unbox new ways of thinking and make inclusion a daily habit. And male allyship is a powerful example of how inclusion can become part of our everyday actions. The Male Ally Legacy Award and benchmarking initiatives like Best Companies for Women in India, MICI and Best Companies for ESG help organizations translate intent into real impact.”

 

Addressing the value of workplace inclusion, the Chief Guest at the event on Day 1, Ms. Thamizhachi Thangapandian, poet, orator and Member of Parliament for the Chennai South, said, “Best of Best Conference is an inspiring community of changemakers who have gathered together to create a community of care. Avtar and Seramount’s Best Companies for women in India study marks a platform that records the evolution of companies and their pursuit of gender inclusion. The onus is on these frontrunner companies in empowering generations of women and reassuring them their careers and worlds do not end at the altar of motherhood or other life stage events. Tamilnadu has a strong legacy of delivering social justice and advancement of women is a key priority for the state. Driven by the able leadership of our Hon’ble Chief Minister Thiru M.K.Stalin, the Dravidian model government has made phenomenal strides in women empowerment through welfare schemes such as Pudhumai Pen, Vidiyal Payanam and Kalagniar Urimai Thogai. Under the purview of the changemakers – both government and organizations, is to focus on true inclusion, and empower historically marginalized groups – LGBTQIA+, PwD, socially marginalised et al. True inclusion means building together, leading together and winning together. BOB 2025 provides this platform for recommitting to the cause of inclusion. Let us remember, when women rise, workplaces thrive and when workplaces thrive the future does not just become human, but humane!

 

Ms Aruna Sairam, celebrated Carnatic musician, who was the Chief Guest on Day 2 of BOB 25, noted, “It is so easy to let go off things that are important for you. But staying course with relentless focus is what gets you ahead. Just like it takes 25 years to master new ragas in music, Avtar in its life of 25 years has beautifully brought to life the music of inclusion. I take this opportunity to congratulate Avtar and not giving up on their vision, their dream.

 

Life is not about you but about everyone else – these frontrunner organizations understand this philosophy and ensure they deliver their inclusive commitment, emphatically. It is wonderful to be part of BOB 2025, celebrating each of you, who empower each other.”

 

For the complete list of winners of all benchmarking studies, visit: www.avtarinc.com/enrich/best-companies-for-women-in-india-bcwi

 

About Avtar

Avtar, founded in 2000 by Dr Saundarya Rajesh, is one of India’s leading workplace culture consulting firms, supporting hundreds of companies in creating diverse and supportive workplaces. Avtar is also the country’s largest provider of second career opportunities for women.

 

An ISO 20700 certified firm, Avtar’s biggest research projects are its annual benchmarking studies – the Best Companies for Women in India (BCWI) and the Most Inclusive Companies Index (MICI). Done in partnership with Seramount, BCWI and MICI are India’s largest workplace inclusion benchmarking studies, which have paved the way for the employment of more women and other under-represented groups. Avtar also promotes inclusive hiring through MyAvtar, India’s first job portal for under-represented professionals.

 

A snapshot of Avtar’s work in the last 25 years:

  • Provided advisory services in inclusive practices to 800+ organizations

  • Conducted 5000+ workshops and training programs in companies of different sizes, spanning industries and locations

  • Facilitated the re-entry of 1,00,000 second-career women into the workforce through MyAvtar.com

  • Engaged with 200,000+ women through career enablement programs

  • Offered unique skilling programs such as DigiPivot (a prestigious course in digital marketing, conducted in partnership with Google, HUL, and ISB) to hundreds of women.

  • Provided career intentionality training, employment guidance, and access to industry leaders every year to 10,000+ girls from underprivileged backgrounds through Project Puthri, an initiative of the Avtar Human Capital Trust (AHCT).

  • Impacted 4000+ schoolboys through MITR (Men Impacting Trust and Respect), an initiative by AHCT that mentors boys to be advocates for women.

 

For its transformational impact in the realm of DEI, Avtar Group was listed in the prestigious Steward Leadership 25 Listing by Strait Times & INSEAD at Singapore in 2022. To know more, visit www.avtarinc.com | www.myavtar.com.

 

About Seramount

Seramount is a strategic professional services and research firm dedicated to supporting high-performing, inclusive workplaces. Over four decades, we’ve established a strong, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Seramount partners with over 450 of the world’s most influential companies, large and small, to offer pragmatic solutions including best practice DEI research, workplace assessment, employee learning and development, and talent sourcing.

 

These offerings empower companies to navigate a dynamic corporate environment and to cultivate a resilient, connected workforce that achieves extraordinary outcomes.

 

Learn more at www.seramount.com.

TAFE Tractors EV among the Top 5 finalists in the "Tractor of the Year (TOTY)" Sustainable Category at Agritechnica 2025 in Germany

At Agritechnica 2025, TAFE – Tractors and Farm Equipment Limited, one of the world’s largest tractor manufacturers, unveiled its next-generation electric hybrid tractor – the TAFE EVX75, while also celebrating a landmark achievement, the TAFE EV28 electric tractor being the finalist in “Tractor of the Year (TOTY) 2026” Award in the Sustainable Tractor Category.

 

TAFE unveiled its next-generation electric hybrid tractor TAFE EVX75 at Agritechica 2025


Alongside the EVX75, TAFE showcased its new vision guidance system and the new range featuring the 100 HP tractor with a new cab (TAFE 1015), 74 HP orchard and fruit tractor (TAFE 7515 GE), and Compact Utility Series, 65 HP (TAFE 6065), each designed to meet a diverse range of operations and requirements of European farmers.

 

TAFE at Agritechica 2025


Today, TAFE transitions from being a tractor manufacturer to a complete farm-solutions business, with a vision to become a global leader in the sub-100 horsepower tractor segment. The company is making significant investments in precision AgTech, automation, and alternate-energy platforms to empower farmers across global markets.


Dr. Lakshmi Venu, Vice Chairman – TAFE, said, “For over 65 years, TAFE has built a strong reputation for engineering excellence, reliability, and quality, earning the trust of customers worldwide. As one of the world’s largest tractor manufacturer’s with a presence across 80 countries, we continue to innovate with the world, for the world, delivering advanced and dependable solutions for farmers across the globe.”


Mallika Srinivasan, Chairman and Managing Director, TAFE, emphasizing TAFE’s global strategy said, “TAFE aspires for global leadership in the sub-100 HP segment, the largest volume category in the world. Building a strong global presence is part of TAFE’s larger vision of offering smart, accessible, and sustainable mechanization solutions to farmers worldwide, in line with our philosophy of ‘Cultivating the World.’ TAFE has made significant investments in precision AgTech, smart farming, automation, electrification, and alternate energy technologies, while actively collaborating with start-up and academic ecosystems to develop future-ready products and farm solutions.”


Hybrid Tractors
The TAFE EVX75 represents a breakthrough in hybrid technology, combining a 75 HP hybrid powertrain with an EU Stage V diesel engine and a 400 V electric battery system. This dual powertrain enables the tractor to operate in zero-emission electric mode and hybrid mode for high-demand fieldwork, offering flexibility, fuel efficiency, and environmental responsibility. The EVX75 achieves lower emissions and operating costs while setting a new benchmark for performance and sustainability in global farming.


Its liquid-cooled high-voltage system ensures reliable operation, while the 3-speed transmission allows speeds of up to 40 km/h. Designed for comfort and control, the EVX75 features a full HVAC cab, electro-hydraulic rear lift, and independent PTO. With high-flow hydraulics and automation-ready technology, it’s ideal for efficient, eco-friendly work in any environment.


TAFE Terra 2.0 
Integrates TAFE’s vision-based guidance system Terra Vista into the unified digital platform that offers affordable, scalable and adaptable Agri-tech solutions.


Utility Series
The TAFE 1015 marks TAFE’s entry into the 100 + HP category. Equipped with a 103 HP EU Stage V engine, 30 F + 15 R Power Shuttle transmission, and a 4000 kg lift capacity, it is built for heavy-duty operations. Its premium climate-controlled cabin ensures superior operator comfort and productivity during long working hours.


Compact Series
The all-new TAFE 6065 Series combines agility with efficiency. Powered by a 65 HP Stage V engine and available with hydrostatic or mechanical shuttle transmission options, its lightweight chassis minimizes soil compaction while offering excellent manoeuvrability for orchards, vineyards, and municipal operations. The tractor comes equipped with a full frame cabin with variant is also available in category IV. 


Fruit and Orchard Series
The TAFE 7515 GE is a low-profile, narrow-track tractor designed for vineyards, fruit farms, and hilly terrains. Its 74 HP Stage V engine, optimized ground clearance, and tight turning radius make it ideal for operations in confined spaces and under canopies.


Through its latest innovations, TAFE Tractors continues to strengthen its vision of “Cultivating the World,” empowering farmers with reliable, efficient, and sustainable farming solutions.

 

About TAFE 
TAFE Tractors, a brand of TAFE – Tractors and Farm Equipment Limited, was founded in 1960 in Chennai, India. The company sells more than 200,000 tractors annually across domestic and international markets and offers a wide range from 20 to 110 horsepower, used by over three million farmers worldwide. TAFE has a strong global presence across Asia, Africa, Europe, and the Americas. In 2023, TAFE entered the European market with EU Stage V, electric, and concept hydrogen tractors, establishing a growing network of more than 200 dealerships across over 20 countries.

TaskUs Continues India Expansion, Launches New Operations Site in Noida

TaskUs Inc. (Nasdaq: TASK) a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced the launch of its new site, HeritEdge, in Noida.

 

TaskUs Continues India Expansion, Launches New Operations Site in Noida

 

The new site further expands TaskUs’ presence in India to support the growing global need for outsourced digital services. The new site in Noida, TaskUs’ fifth operations hub in India will deliver advanced services including Digital Customer Experience, Trust & Safety and AI Operations. Currently, the site houses more than 500 teammates, which is expected to grow to 1300 in 2026.

 

“India is an essential part of our global strategy, and I am excited to further scale our innovative AI and digital services in India. This expansion into Noida ensures we continue to attract the world’s best digital-native talent, enhancing our delivery capabilities to meet the growing needs of our global client base,” said Bryce Maddock, CEO of TaskUs.

 

Noida, a key city within the National Capital Region (NCR), provides exceptional access to modern infrastructure, a growing commercial base, seamless connectivity to Delhi, Gurugram, Ghaziabad and other key NCR hubs. The combination of these growth factors in addition to a proactive business environment makes Noida an ideal location for delivering complex high-impact services that TaskUs provides, particularly in fast-growing sectors like Healthcare, AI, Fintech and autonomous vehicles.

 

“The talent density, proximity to 500+ higher education institutes and the overall technology ecosystem of Noida perfectly aligns with our strategy to deliver high-quality services at scale,” said Stephan Daoust, Chief Operating Officer of TaskUs. “This new site allows us to tap directly into a highly educated, multilingual workforce, enhancing our capacity to serve clients across multiple regions and complex regulatory environments,” he added.

 

The design of the new site, named HeritEdge, is a thoughtful blend of India’s rich traditions, artistic stories and the busy city life. The facility embodies TaskUs’ “People-first” philosophy prioritizing teammate engagement and wellness. HeritEdge features numerous collaborative spaces, dedicated wellness rooms, cafeteria, training rooms and various modern amenities designed to support both performance and well-being.

 

“India’s differentiator is its exciting mix of technical talent, cultural affinity to global brands, and the passion for innovation,” said Sapna Bhambani, SVP of Operations and Country Leader, India at TaskUs. “HeritEdge is a representation of TaskUs’ dedication to our teammates, offering them a space that is ridiculously supportive and engaging. When we prioritize our people’s well-being and growth, they deliver excellence” she further added.

 

India is the second largest operations base for TaskUs with more than 15,000 teammates across 6 cities. TaskUs India was recently certified as Great Place to Work(R) for 2025 and was named one of the Top 10 Inspiring Workplaces in Asia for 2025 by Inspiring Workplaces Group.

 

About TaskUs

TaskUs is a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fast-growing sectors, including social media, e-commerce, AI, gaming, streaming media, food delivery and ride-sharing, technology, financial services and healthcare. As of June 30, 2025, TaskUs had a worldwide headcount of approximately 61,400 people across 30 locations in 13 countries, including the United States, India and Philippines.  

 

For additional information, please visit: www.taskus.com.

Oakridge Gachibowli Hosts JMUN 2025 with 450+ Delegates

More than 450 middle school students from ten leading schools across Hyderabad convened at Oakridge International School, Gachibowli for the 13th edition of its Junior Model United Nations (JMUN) conference. Over the course of three days, delegates engaged in spirited debates on some of the world’s most pressing issues, from global inequality to environmental policy, across 11 committees, all under the guiding theme, “Empowering Voices, Creating Choices”.

 

Around 10 schools from Hyderabad participated in the Junior MUN hosted at Oakridge International School, Gachibowli

 

Dipika Rao, Principal of Oakridge Gachibowli, emphasised the deeper purpose behind initiatives like JMUN, “As a society, it’s very important for us to realize that many of us are in privileged positions. Our engagement with our consciousness should lead us to empower students, not just to make successful career choices, but to become ethical, aware individuals. Through initiatives like JMUN, Oakridge Gachibowli continues to nurture globally minded learners who engage critically with the world around them MUNs are not just spaces to debate governments and policies; they are spaces to become aware. This initiative is about helping students inquire, question, and build belief systems that propel them forward in life.” 

 

The theme aimed to spotlight the importance of inclusive platforms where young voices are not only heard but valued. “Empowering Voices, Creating Choices” reflects the belief that true empowerment begins with dialogue and that informed choices stem from understanding diverse perspectives. Each committee tackled agendas rooted in real-world issues, encouraging delegates to think critically, speak confidently, and collaborate meaningfully.

 

Aditya Sunkara, Secretary General of JMUN 2025, shared his reflections on the scale and impact of the event, “Organising a conference of this scale, with over 450 delegates and schools from across Hyderabad, is no small feat. The success of this three-day event is a testament to the relentless efforts of the secretariat and the unwavering support of the school. JMUN continues to be a platform that welcomes junior delegates into the realm of MUNs and inspires change, a mission Oakridge JMUN proudly upholds.” 

 

The conference brought together students from Chirec International School, The Shri Ram Academy, Sancta Maria International School, Meru International School, Indus International, GVK International School, The Gaudium International School, The Premia Academy, and Oakridge itself. 

 

As the curtains closed on Chapter XIII, the echoes of passionate debate, thoughtful resolutions, and newfound friendships lingered. Oakridge JMUN 2025 was not just a conference, it was a movement toward nurturing conscious, compassionate, and courageous global citizens. 

 

About Nord Anglia Education

As a leading international schools organisation, we’re shaping a generation of creative and resilient global citizens who graduate from our schools with everything they need for success, whatever they choose to be or do in life.

 

Our strong academic foundations combine world-class teaching and curricula with cutting-edge technology and facilities, creating learning experiences like no other. Inside and outside of the classroom, we inspire our students to achieve more than they ever thought possible. 

 

No two children learn the same way, which is why our schools around the world personalise learning to what works best for every student. Inspired by our high-quality teachers, our students achieve outstanding academic results and go on to study at the world’s top universities.

 

Our Nord Anglia global family includes 89 day and boarding schools in 37 countries, teaching over 100,000 students from ages 3 to 18.

 

To learn more or apply for a place for your child at one of our schools, go to www.nordangliaeducation.com. 

Closing the Gender Gap in Money Management Skills – Why Girls Need Equal Access to Financial Education

Financial literacy among Indian women remains alarmingly low – a challenge that has persisted for decades. Multiple, interconnected factors contribute to this gap, including cultural norms, limited educational opportunities, psychological barriers and infrastructural constraints. Understanding these barriers is crucial to designing solutions that empower women to achieve financial independence.

 

https://www.newsvoir.com/images/article/image1/33783__imgae_NFO.jpg

Mitul Mehta, Co-Founder- National Finance Olympiad


The roots of the gap!

Educational, Physical, Infrastructural and Time-related Barriers 

When it comes to financial literacy, understanding the fundamentals remains one of the biggest challenges for women in India. Why? Many struggle with basic mathematical concepts due to gaps in foundational education, which makes informed financial decision-making difficult. This, in turn, affects their ability to save, invest and ensure their families’ financial well-being. Women without a college education may find it particularly hard to grasp core financial principles, including evaluating risk and reward, calculating compound interest, accounting for inflation and building a diversified portfolio. Adding to this, the financial world often feels exclusionary, filled with complex jargon that can be inaccessible, especially for those with limited prior exposure or English proficiency.


In rural and economically disadvantaged areas, the challenges are even greater. For many women, even basic literacy and numeracy are not guaranteed. In such contexts, financial education often takes a backseat to more immediate needs. The absence of trained educators, relatable role models, and community programs further adds to the problem. Additionally, the cost of courses can limit participation, particularly for women with tight budgets.


Physical and logistical barriers add another layer of difficulty. Travelling to financial literacy programs can be challenging due to unsafe, unreliable or expensive transport. Poor infrastructure, a lack of dedicated centres and limited internet connectivity further restrict opportunities to learn, whether in-person or online.


Time constraints also play a critical role. Women balancing work, household responsibilities and caregiving rarely have uninterrupted hours to focus on financial learning. For many, sheer exhaustion pushes it to the bottom of their priorities – not from lack of interest, but out of necessity.


In contrast, men are often encouraged towards early financial learning. From a young age, boys are more likely to be included in household money discussions, encouraged to manage allowances and given access to financial tools. They also tend to have better access to institutions, digital platforms, and educational resources, and face fewer time constraints due to traditional gender roles. These factors provide them with confidence and practical experience in managing money, contributing to the persistent gender gap in financial literacy.


Cultural Conditioning and Psychological Barriers
Cultural stereotypes have long shaped who makes financial decisions in Indian households. Traditional gender roles often assign men the responsibility of managing money, investments, and assets, while women are expected to focus on caregiving and domestic responsibilities.


This exclusion keeps women from participating in discussions about budgeting, planning or household expenses. Without these opportunities, they miss crucial hands-on experience, which is essential for building competence and confidence in managing money.


Over time, these cultural barriers feed directly into psychological doubts. Years of being excluded from financial decision-making erode self-confidence, leaving women hesitant to engage with money matters independently.


As said earlier, the mental load of balancing multiple roles – as mothers, homemakers, workers, and caregivers – further leaves little cognitive or emotional bandwidth for exploring financial concepts. And then comes the fear of making mistakes, which, when combined with financial validation, proves to be one of the major interrupters of financial education.


This cycle – where cultural conditioning leads to limited exposure, thereby fostering psychological barriers – creates a self-reinforcing pattern. Women, over time, perceive finance as complex or ‘not for them,’ and even when resources or educational opportunities are presented, they may feel unprepared to seize them.


The real reason why equal access to education is needed!
Providing female folks with equal access to financial education is not just a matter of fairness – it is essential for economic growth, social development and long-term resilience. Financially literate women are better equipped to manage household budgets, make informed investment decisions and navigate major life transitions such as marriage, parenthood or retirement. 


The benefits of empowering women through financial literacy, however, extend far beyond individual households. When women are financially educated, they can participate actively in the economy, drive local development, and make decisions that positively impact their communities.


Evidence underscores the scale of this impact: a 2024 World Bank report shows that countries with higher female education levels experience stronger GDP growth, lower income inequality and greater resilience to economic shocks. In India, McKinsey & Company estimates that closing the gender gap in digital finance could add $700 billion to GDP by 2025.


Moreover, OECD data indicate that financially educated and empowered women contribute to reduced domestic violence and improved child welfare, highlighting the profound social as well as economic dividends of inclusion.


Breaking the cycle!
Education and awareness can become the most invaluable tools in breaking the cycle of financial illiteracy. Teaching financial matters from an early age, for instance, will equip women with the necessary skills to budget, save, invest and manage money confidently throughout their lives


Integrating these concepts into schools and extracurricular programs will further act as a fail-safe plan that provides lifelong women’s empowerment. It helps prepare future generations to contribute meaningfully to household and community finances.


Needless to say, technology can amplify this impact. Web-based or mobile-based applications that offer financial coaching and interactive workshops will make learning engaging and accessible. Volunteering programs, where young adults teach financial basics in rural schools, undoubtedly create a ripple effect – empowering children and inspiring families.


Equally important is building inclusive spaces that welcome women without any pre-conceived gender biases – think online forums, local meetups and networking events – where women can share experiences, learn collectively and find support. Language definitely plays an important role in all of this – communication that acknowledges female diversity ensures every woman feels represented and encouraged to participate.


Most importantly, raising financial awareness among women through targeted outreach can break the age-old stigma and promote a culture of proactive financial management. Above all, it must be realised from the core of the heart: financial literacy is not a choice but a requirement in today’s world, especially for all those who desire personal independence, empowerment and a more equitable society.

How Bajaj Finserv Banking and Financial Services Fund aims to capture opportunities across India's financial ecosystem

India’s financial ecosystem is expanding in step with the country’s broader growth trajectory. Structural shifts in technology, demographics, regulation, and inclusion continue to reshape how Indians save, borrow, insure, and invest. These long-term drivers are creating opportunities for institutions across the Banking Financial Services and Insurance (BFSI) space.

 

Bajaj Finserv Banking and Financial Services Fund NFO open

 

Investors seeking exposure to this evolving segment may consider exploring suitable options such as the Bajaj Finserv Banking and Financial Services Fund, an open ended equity scheme investing in the Banking and Financial Services sector.

 

The New Fund Offer opens on Monday, November 10, 2025, and closes on Monday, November 24, 2025. The scheme reopens for subscription within five business days from the date of allotment.

 

India’s evolving financial landscape

India is projected to become the world’s third-largest economy by 2030, with an estimated GDP of USD 7.3 trillion. This expansion is underpinned by megatrends such as digitalisation, demographic growth, and increasing formalisation of the economy.

 

For India’s GDP to grow meaningfully, the financial system must keep pace. Estimates suggest that the banking industry will need to add USD 4 trillion in capital over the next two decades to support the expansion of financial assets and credit.

 

The BFSI sector plays a central role in this transformation through capital mobilisation, credit growth, and digital access. For instance, credit disbursement to priority sectors rose 85% from Rs. 23 lakh crores in 2019 to Rs. 42.7 lakh crore in 2024, while UPI transaction values grew nearly fivefold from Rs. 41 trillion in FY21 to Rs. 236 trillion in FY25.

 

Source: Motilal Oswal, Press Information Bureau, CareEdge, Reserve Bank of India, Financial Stability Board; World Bank, BCG analysis, Bloomberg, International Monetary Fund, CEBR

 

Shifts shaping the BFSI sector

The Bajaj Finserv Banking and Financial Services Fund is designed to identify companies positioned to benefit from India’s structural financial trends:

 

1. Technology
India’s transition towards digital finance continues to accelerate. Non-cash transactions are projected to rise from 38% in FY23 to 62% in FY28, with Tier 2 and smaller cities expected to account for over 80% of an estimated USD 60 billion in digital lending disbursements by FY28.

2. Economic
The number of Jan Dhan accounts has grown nearly 18× over the past decade, from 33 million in FY14 to 540 million in FY24, mobilising deposits of around Rs. 2.3 trillion. These accounts have improved access to savings and enabled direct benefit transfers.

3. Demographic
India’s working-age population is set to rise over the next two decades, driving demand for credit, insurance, and investments. By 2030, around 75% of Indian households are expected to fall into middle- and high-income categories, expanding the addressable market for financial products.

4. Social
Fintech firms are broadening credit access for individuals and small businesses, particularly those with limited credit history. Their growing presence in segments such as personal loans and MSME lending highlights the role of innovation in expanding financial reach.

 

Source: RBI Documents, Jefferies, Periodic Labour Force Survey 2023, GSMA 2023, Mobikwick RHP, Redseer

 

Opportunities across the financial value chain

The BFSI sector has undergone significant expansion over the past two decades. Its market capitalisation has risen 50× from Rs. 1.8 trillion in 2005 to Rs. 91 trillion in 2025 growing from 6% to 27% of India’s GDP.

  • Banks have seen credit grow at a CAGR of 10.7% and deposits at 10.2% over the past two decades, supported by improved fundamentals such as lower GNPA levels (from 5.8% to 2.2%) and falling credit costs.

  • NBFCs have strengthened their presence with net worth growing ~15% CAGR and profit ~32% CAGR, accounting for 18% of total BFSI earnings in FY24.

  • Insurance has scaled rapidly, with life insurance AUM rising ~10× since FY07 to Rs. 61.6 trillion. India is projected to become the 6th largest insurance market by 2032.

  • Capital markets have expanded with India now ranking 4th globally by market capitalisation.

 

Source: Reserve Bank of India, Boston Consulting Group Report, MOFSL, IRDAI, Swiss Re Sigma, NSE Report on Indian Capital Markets

 

How Bajaj Finserv Banking and Financial Services Fund aligns with these shifts

The Bajaj Finserv Banking and Financial Services Fund seeks to invest across a wide spectrum of companies participating in India’s financial transformation. It draws from long-term sectoral trends and focuses on diversification beyond traditional banking:

  • Curated exposure*: 45–60 stocks shortlisted from ~200 companies within the BFSI megatrends universe.

  • Aligned with sectors: Captures opportunities across digital finance, financial inclusion, and expanding credit and insurance markets.

  • Broad-based exposure: Invests in banks, NBFCs, insurers, AMCs, and other intermediaries.

  • Suitable entry point: Valuations currently below 14-year averages with improving asset quality and earnings visibility.

 

*The portfolio count is indicative, and actual number will depend on market conditions at the time of making investment.

 

Source: National Stock Exchange; Data as on Sep 30, 2025

 

Conclusion

India’s financial ecosystem continues to expand on the back of digital adoption, rising prosperity, and growing formalisation. The Bajaj Finserv Banking and Financial Services Fund aims to capture potential opportunities emerging from these trends through diversified exposure across financial institutions, intermediaries, and innovators.

 

For investors considering participation in India’s long-term financial growth story, exploring such sector-focused mutual funds may be a suitable approach aligned to their goals and risk appetite.

 

New Fund Offer Opens on:

Monday, November 10, 2025

New Fund Offer Closes on:

Monday, November 24, 2025

Scheme re-opens on:

Within five business days of allotment date

 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Akums Reports Q2 FY26 Results; Strengthens International Presence

Akums Drugs & Pharmaceuticals Ltd., India’s Largest Contract Development and Manufacturing Organizations (CDMO), announced its financial results for the second quarter of FY26.

 

The CDMO segment remained the key contributor with revenue of Rs. 804 crore. Volumes for the CDMO vertical grew 7% y-o-y, as against muted industry volume growth, reflecting Akums’ position as preferred CMDO partner in India. The domestic Branded Formulations business recorded revenue of Rs. 122 crore, with EBITDA margins improving to 21.6%, supported by focused portfolio management. The Branded Export segment, although had seasonal impact from various countries, maintained healthy EBITDA margin of 24.5%,

 

For the quarter ended September 30, 2025, Akums reported consolidated revenue of Rs. 1,018 crore compared to Rs. 1,024 crore in Q1 FY26 and Rs. 1,033 crore in Q2 FY25. The EBITDA stood at Rs. 94 crore with a margin of 9.3%. The PAT was Rs. 43 crore. For the first half of FY26, revenue stood at Rs. 2,042 crore with an EBITDA of Rs. 223 crore (margin of 10.9%) and PAT of Rs. 107 crore.

 

The Hon’ble President of Zambia recently did ground breaking of the pharmaceutical plant, set up as a joint venture between Akums and the Govt. of The Republic of Zambia. This marks a significant step in expanding Akums’ global reach. The Zambian facility is aimed at supporting access to quality medicines across the SADC Countries, with product range across multiple therapeutic areas and dosage forms.

 

Another milestone Akums achieved recently was the first commercial supply of formulations in Europe, with the supply of Dapagliflozin tablets to Switzerland. Akums will also supply Rivaroxaban tablets in Europe in Q3. The European contract for oral liquid supply is on track with Plant 2 undergoing EU-GMP Audit in October.

 

Commenting on the quarterly performance, Mr. Sanjeev Jain, Managing Director, Akums Drugs & Pharmaceuticals Ltd., said, “Our performance this quarter reflects our focus on long-term priorities in a dynamic business environment. The developments in Zambia and Europe mark important milestones in our ongoing journey of becoming a global CDMO.

 

Mr. Sandeep Jain, Managing Director, Akums Drugs & Pharmaceuticals Ltd., added, “CDMO business is navigating through a complex phase, with continued weakening of API prices and sustained flat volumes in the industry. Akums has outpaced industry volume growth. we remain focused on delivering long term shareholder value by further cementing our leadership position in CDMO business, taking measures to grow our domestic and exports branded business and curtailing losses in API and trade generics.”

Highlights are as Follows:

Particulars (Rs Cr)

Q2 FY 26

Q1 FY 26

Q2 FY 25

H1 FY 26

H1 FY 25

Revenue

1,018

1,024

1,033

2,042

2,052

Cost of goods sold

593

582

596

1,174

1192

Employee Cost

189

176

180

365

356

Other Expenses

141

137

136

278

259

Adj EBITDA

94

129

121

223

245

Adj EBITDA Margin

9.3%

12.6%

11.7%

10.9%

12.0%

Adj PAT

43

65

67

107

124

Adj PAT Margin

4.1%

6.2%

6.4%

5.1%

6.0%

Great Value Realty Unveils Ekanam to Redefine Noida's Skyline Blending Nature and Luxury in Perfect Balance

  • Design conceptualized by Benoy, and execution led by leading global and Indian consultants.

  • Three 46-storey towers surrounding a serene central lake with cascading green terraces and sky gardens

  • 1,00,000 sq.ft. nature-inspired club by Confluence Consultancy with spa, sports bar, art, and wellness zones and other amenities

  • Infinity pool on the 40th floor, the highest in Noida, offering panoramic city views and embodying architectural brilliance, natural harmony and refined luxury.

 

Great Value Realty, one of North India’s most trusted real estate developers, today launched Ekanam (RERA No. UPRERAPRJ15109/2019), its flagship ultra-luxury residential project in Sector 107, Noida.

 

Project Ekanam marks the final luxury residential project in Noida Sector 107

 

Designed as a seamless blend of architecture and nature, Ekanam is envisioned with the core brand philosophy ‘Great is the New Norm’, redefining urban living with an ethos rooted in harmony, balance, and mindfulness. Located on the last remaining land parcel available in Noida Sector 107 for residential development, Ekanam stands as a rare opportunity to experience the future of refined, nature-centric living in one of NCR’s most connected addresses.

 

Speaking at the launch, Payas Agarwal, Director, Great Value Realty, said, “The launch of Ekanam marks a defining moment for all of us at Great Value Realty. It embodies our vision to create living spaces that go beyond luxury, where architecture and nature exist in perfect balance. Ekanam is our tribute to the idea of mindful living, where every element is thoughtfully crafted to inspire calm, connection, and comfort. As Noida’s skyline evolves, we take pride in contributing a landmark that not only elevates modern living but also reaffirms our belief that true luxury lies in harmonizing design and nature with life itself.

 

At its core, Ekanam embodies the idea of “living with nature, not just beside it.” Conceptualized by global design powerhouse Benoy, the project’s architectural language flows like water—fluid, reflective, and ever-evolving. The layout orbits around a tranquil central lake, a living ecosystem that shapes the landscape, movement, and mood of the development. From this calm heart rise three slender 46-storey towers, their organic façades and undulating balconies echoing the rhythm of the surrounding greenery.

 

Crafted in partnership with an acclaimed consortium of consultants, few of them being Modarch India (Principal Architect), S. Bose (Landscape); Ekanam represents a benchmark in precision, collaboration, and excellence. The project employs BIM technology for optimized planning and delivery and is being developed by a Grade-A contracting team to ensure quality and timeliness.

 

Ekanam features expansive 3 and 4 BHK residences ranging from 3,525 to 5,525 sq.ft., with prices starting from Rs. 7 crore onwards. Each home has been thoughtfully designed to balance natural light, ventilation, and spatial fluidity, while offering customization options for discerning residents.

 

The development’s 1,00,000 sq.ft. club serves as the social and wellness hub of the community. Drawing inspiration from the soothing qualities of water, wood, and organic textures, the club unfolds as a series of serene spaces—an indoor pool and spa, salon, sports café, cigar lounge, business center, gym and yoga studios, art and music rooms, and a theatre—all integrated within a landscape of greenery and natural light. Every detail, from the soft curves to the earthy color palette, reinforces the project’s core philosophy of tranquil, sensory living.

 

The vertical architecture extends the natural connection upwards, through cascading planters, sky gardens, and floating terraces, ensuring that every residence has its own dialogue with nature. The towers are linked by two sky bridges that double as landscaped open spaces, and the pinnacle experience is reserved for the floating garden and rooftop infinity pool—the highest in Noida—offering an unparalleled view of the city’s skyline.

 

Aligned with Great Value Realty’s commitment to sustainable growth, Ekanam is designed for IGBC Green Building certification, incorporating water conservation systems, vertical greenery, and natural ventilation across its structures. With its unique blend of architecture inspired by nature, meticulous craftsmanship, and unmatched connectivity to Delhi, the airport, hospitals, and educational institutions, Ekanam is set to become an enduring landmark in Noida — where life flows in harmony with its surroundings.

 

About Great Value Realty

Great Value Realty (GVR) is the real estate development arm of Great Value Group, focused on crafting lifestyle-centric residential and commercial spaces across Delhi NCR. The company is spearheaded by Mr. Manoj Agarwal, Chairman & MD, and Mr. Payas Agarwal, Director, with a shared commitment to innovation, integrity, and customer trust.

 

Since 2009, GVR has delivered transformative projects such as Sharanam, Anandam, Casa Uday, Sanctuary 105, Eternia, and High Life, blending thoughtful design with enduring value. GVR also leads in commercial infrastructure, with marquee assets like Great Value Mall, Complex Madangir, and state-of-the-art logistics parks in Greater Noida and Sohna.

 

Operating debt-free and backed by the financial strength of GV Finance and GV Capital, GVR is uniquely positioned for sustainable growth. As it expands into ultra-luxury, plotted, and flexible living formats, GVR continues to shape aspirational urban communities, driven by quality, reliability, and customer-centricity.

Ai+ Smartphone and Katha Partner to Bridge India's Digital Gap on World Kindness Day

Ai+ Smartphone has partnered with Katha, a Delhi-based NGO, to mark World Kindness Day with a digital inclusion initiative aimed at expanding access to smartphones for students from under-resourced communities. The partnership is part of Ai+ Smartphone’s ongoing Add A Plus movement, which celebrates small actions that make a difference.

 

Through the initiative, every “+” added by users on Ai+ Smartphone’s social media posts will count toward a shared goal. Once the campaign reaches one million pluses, the brand will donate 50 smartphones to students identified by Katha who currently lack personal access to technology.

 

India can’t lead the digital century with most of its young people left offline. At Ai+ Smartphone, our mission is to close that gap,” said Archi Gogoi, Marketing and Communications Lead, AI+ Smartphone. “Through Add A Plus, every ‘+’ turns everyday participation into progress. This World Kindness Day, we’re showing how small, collective gestures can deliver real impact.”

 

Katha will oversee the selection of students based on parameters such as attendance, learning commitment, and verified need for personal digital access. After completion, both organizations will share updates on outcomes to ensure transparency.

 

Rajesh Soundararajan, Executive Director, Katha, said, “At Katha, we’ve spent 36 years proving that stories transform lives. These 50 Ai+ Smartphones will help our girl learners from underserved communities access the digital stories and learning tools that are reshaping education. It’s a meaningful start toward ensuring no motivated child is left behind in the digital age.”

 

While the first phase focuses on 50 students, Ai+ Smartphone plans to extend the initiative by partnering with more organizations and scaling donations across multiple cities over the coming year.

 

The initiative reflects Ai+ Smartphone’s broader commitment to digital inclusion and responsible technology, transforming online engagement into tangible and accountable change.

 

Join the movement by adding a “+” on Ai+ Smartphone’s social media posts and inspiring others to do the same. Every plus brings India closer to closing the digital gap.

 

About Ai+ Smartphone

Ai+ Smartphone is a next-generation brand built in India to deliver reliable, high-performance mobile experiences. Powered by NxtQuantum OS, India’s first sovereign mobile operating system, Ai+ combines clean design, long battery life, and trusted software performance at accessible price points.

 

About NxtQuantum Shift Technologies

NxtQuantum Shift Technologies is a deep-tech Indian company building secure, sovereign digital platforms for the mobile-first world. Founded by Madhav Sheth, the company develops NxtQuantum OS, India’s first sovereign mobile operating system, and is committed to building technology that is authored in India and globally competitive.

 

About Katha

Founded in 1988 as a children’s magazine for underserved communities, Katha works across the literacy-to-literature continuum to bring children living in poverty into reading and quality education. By linking grassroots schooling with urban resurgence, Katha has enabled over one million children to help themselves out of poverty.

 

Chitkara University and York University Sign MoU to Launch 2+2 Computer Science Pathway for Indian Students

In a significant step toward strengthening international academic collaboration, Chitkara University and York University (Toronto, Canada) have signed a Memorandum of Understanding (MoU) to launch a 2+2 academic pathway in Computer Science. The partnership reflects a shared vision of promoting global learning, academic excellence, and career readiness, providing Indian students with a unique opportunity to begin their studies in India and complete their degrees in Canada.

 

https://www.newsvoir.com/images/article/image1/33778_Chitkara_image_uni.JPG

Dr. Madhu Chitkara, Pro-Chancellor, Chitkara University & Dr. Rhonda Lenton, President & VC, York University-Canada, sign MoU to foster global collaboration and academic excellence


Under this new pathway, students will complete the first two years of the Bachelor of Engineering in Computer Science program at Chitkara University, paying domestic tuition in India. They will then transfer 100% of their academic credits to York University’s Lassonde School of Engineering in Toronto, where they will complete Years 3 and 4 of the Bachelor of Science (B.Sc) in Computer Science program.


The formal signing ceremony, held at Chitkara University, marked the beginning of a long-term academic alliance between the two globally recognised institutions. The MoU was signed by Dr. Rhonda Lenton, President and Vice-Chancellor, York University, and Dr. Madhu Chitkara, Pro-Chancellor, Chitkara University, in the presence of senior leadership, faculty, and students from both universities.


Through this agreement, both universities aim to create seamless global learning pathways that combine the strengths of Indian and Canadian higher education. Students participating in the program will benefit from scholarship opportunities, housing support, and paid co-op/internship experiences during their studies at York. Upon successful completion, they will earn a York University Bachelor of Science (BSc) degree in Computer Science. The first cohort is expected to begin their studies at York in September 2028.


In a first for such a 2+2 arrangement, York University will also offer a dedicated co-op semester for transferring students from Chitkara University, allowing them to engage in paid internships with York’s industry partners. This will help students acclimatise to the Canadian work environment while gaining hands-on experience and earning a salary.


This partnership emphasises quality and preparedness. Students will prove themselves in the first two years, learn through a Canadian-style applied curriculum close to home, and then transfer with confidence to Toronto. At Chitkara University, we are committed to providing our students with diversified pathways to globally recognised credentials. We are pleased that York will support our students through scholarships, housing resources, and guidance from certified student immigration specialists to ensure a smooth transition to Canada,” shared Dr. Madhu Chitkara, Pro-Chancellor, Chitkara University.


York has long been a proponent of responsible, responsive, and inclusive internationalisation. The York–Chitkara Alliance embodies these values. Building on our tradition of welcoming Chitkara students to York, we are proud to formalise a hybrid pathway that enables talented Indian students to build strong academic foundations at home, then transition seamlessly to Canada to complete a York degree with paid industry experience. This is the future of higher education – we must continue to build partnerships that are both global and cross-sectoral if we want to keep up with our rapidly changing world,” said Dr. Rhonda Lenton, President and Vice-Chancellor, York University.


By creating a seamless educational continuum, we’re empowering students to earn quality credentials, gain meaningful Canadian work experience, and develop the skills to innovate and lead in an AI-transformed world. York University’s Computer Science (BSc) program, ranked among the top ten in Canada by the Shanghai Ranking of Academic Subjects, reflects the strength of our teaching and research. With dedicated co-op support, students are well prepared to secure paid placements, and we look forward to welcoming Chitkara students to York, where they’ll gain both academic and real-world experience through our strong industry partnerships,” added Dr. Jane Goodyer, Dean, Lassonde School of Engineering, York University.


The signing of the MoU further deepens York University’s collaboration with Indian higher education institutions and aligns with Chitkara University’s commitment to providing global mobility opportunities for its students through high-quality, internationally benchmarked academic programs.


About York University
York University is a leading teaching and research university and a force for positive change. With over 53,000 students, 380,000 alumni, and nearly 5,000 full-time staff and faculty from more than 160 countries, York is home to one of Canada’s largest and most diverse academic communities. Recognised as a change leader by the Times Higher Education Impact Rankings, York’s researchers and students tackle global challenges through collaboration with universities, industries, governments, and NGOs.


About Lassonde School of Engineering
Located in the heart of the multicultural Greater Toronto Area, the Lassonde School of Engineering at York University is home to innovators, scientists, and entrepreneurs. Since its inception in 2013, the School has witnessed a 260 percent increase in student enrolment. Offering 11 undergraduate and 7 graduate programs, Lassonde prepares the next generation of creators to tackle the world’s most pressing challenges through interdisciplinary, people-focused learning.


About Chitkara University
Chitkara University, based in Chandigarh, India, is among the country’s leading private universities, known for its strong focus on applied learning, innovation, and industry partnerships. With over 25,000 students and globally recognised programs in engineering, business, health sciences, and design, Chitkara University continues to empower students with future-ready skills to thrive in a dynamic global economy.