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PNB MetLife Strengthens Customer Trust with 99.57 Percent Individual Claim Settlement Ratio in FY2025

PNB MetLife India Insurance Company Limited (PNB MetLife), one of India’s leading life insurance companies, has announced an individual claim settlement ratio of 99.57 percent for FY2025, reflecting its continued focus on supporting policyholders and their families. The company’s group claim settlement ratio for FY 2025 also improved to 99.72 percent, up from 99.53 percent last year.

In FY2025, PNB MetLife processed 5,615 retail claims amounting to INR 431.35 crore and 8,419 group claims totalling INR 510.77 crore. Of these, 99.99 percent claims were settled within 30 days of receiving all required documents, while 95 percent were settled within a week and 33 percent within a single day.

Mahendra Munot, Chief Operations Officer of PNB MetLife, said, “At PNB MetLife, claims aren’t just transactions, they are moments that define our relationship with customers. We take great pride in supporting them when they need us most, and our 99.57 percent claims settlement ratio reflects this commitment. With the support of enhanced digital processes, we are able to deliver a faster, more seamless and empathetic experience. By standing shoulder to shoulder with our customers with speed, empathy and consistency, we are bringing our promise of ‘Milkar Life Aage Badhaein’ to life.”

The company’s claim settlement performance remains consistent across all age groups and product categories. Customers under 25 years of age benefited from a 100 percent claim settlement ratio, while all other age brackets-maintained ratios above 99 percent. Settlement ratios across Non-Par, Par, Protection, and ULIP products also remained above 99percent, with retirement and annuity products achieving a perfect 100 percent settlement ratio.

*Terms and conditions are applicable. For further details, kindly visit PNB MetLife’s website.

About PNB MetLife India Insurance Company Limited

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India that combines the financial strength of MetLife, Inc. with the credibility of PNB, one of the Indias oldest nationalized banks. PNB MetLife’s positioning, Milkar Life Aage Badhaein, is demonstrated through its customer-centric innovations and employee empowerment practices.

With a strong presence in 155 branches and access to customers in over 20,000 locations through bank partnerships, PNB MetLife offers a comprehensive insurance solutions portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement. The Company has a wide range of protection and retirement products available through its sales channel of over 36,000 financial advisors and multiple bank partners and caters to over 585 group relationships in India.

For more information, follow us on:
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visit – www.pnbmetlife.com

Gaurs Group Inaugurates CLUB 16 at Gaur Yamuna City, Strengthens Role in Yamuna Expressway’s Urban Transformation

Gaurs Group, the leading real estate developer in India, recently unveiled and inaugurated CLUB 16, a premium lifestyle and community space, within the 16th Parkview group housing society at Gaur Yamuna City, the 250-acre integrated township on Yamuna Expressway, that is already home to over 10,000 residents, making it the largest and most advanced residential ecosystem in the area.

Gaurs Group Inaugurates CLUB 16 at Gaur Yamuna City, Strengthens Role in Yamuna Expressway’s Urban Transformation

CLUB 16 adds a new dimension to the township’s expanding amenities ecosystem. With top-tier facilities including a banquet hall, swimming pool with Jacuzzi, gym, indoor games area, yoga room, and a restaurant-caf, CLUB 16 underscores Gaurs Group’s consistent commitment to delivering not just homes, but holistic, future-ready communities. The facility also features a party hall, kids’ room, and thoughtfully curated wellness spaces, encouraging social connection and an elevated lifestyle.

Manoj Gaur, CMD, Gaurs Group, said, “Gaur Yamuna City is a testament to our long-standing belief in the potential of the Yamuna Expressway. Even when others were still evaluating, we invested here – backed by the conviction that this corridor would define the next phase of urban expansion in North India. With infrastructure like Jewar Airport, the Film City, and multiple industrial corridors taking shape, the region is on the cusp of complete socio-economic transformation-and we are proud to be playing a leading role in that journey.

He further added, “CLUB 16 is much more than a clubhouse-it is a symbol of the lifestyle evolution that Gaur Yamuna City represents. It reaffirms our focus on creating vibrant, self-sustained communities equipped with every modern amenities. This launch is yet another step in our vision of setting new benchmarks in urban living.”

Gaur Yamuna City has emerged as a beacon of integrated development, and CLUB 16 further enhances the living experience for its residents. Strategically located at the confluence of residential, industrial, and commercial growth, the township enjoys direct connectivity to upcoming infrastructure including the Noida International Airport, logistics hubs, and mobility corridors. Gaur Yamuna City is an integrated township on the Yamuna Expressway, with multiple plotted dwellings, a group housing society, and multiple commercial developments, all of which have been delivered. The township already includes a CBSE affiliated school, landscaped park, a scenic lake park, and an approx 10-acre sports park. Gaurs Group had unveiled the tallest statue of Lord Krishna – 108 ft tall within this township which is a matter of great pride for the region and the state.

Furthermore, Sarthak Gaur, Director, Gaurs Group, shared, “Our presence on the Yamuna Expressway has never been about short-term gains-it has always been about vision and long-term value creation. We foresaw the potential of this corridor years ago and committed to building a world-class township here. Today, with more than 10,000 residents and thriving infrastructure, Gaur Yamuna City stands as a living example of what foresight, integrity, and timely execution can deliver.”

He added, “As industries, institutions, and hospitality projects populate the Yamuna Expressway belt, the demand for livable, well-developed communities will surge. With CLUB 16, we’re not just meeting that demand, we’re anticipating it. We are proud to have laid the foundation for what is fast becoming one of India’s most dynamic urban centres.”

Beyond residential progress, the Yamuna Expressway is experiencing a multi-sectoral boom. Several industrial clusters are already operational, while institutional campuses, retail hubs, corporate parks, and hospitality projects are in active development. With the Noida International Airport expected to become operational soon, the region is primed to emerge as a major economic and lifestyle hub, drawing investment and talent from across the country. Gaurs Group too has major plans in the Yamuna Expressway region and is gearing up to launch a luxury group housing project soon on a 12-acre land parcel in Sector 22-D.

About Gaurs Group
With a legacy spanning nearly three decades, Gaursons India Private Limited is one of India’s most trusted and prolific real estate developers. The Group has delivered over 65 million sq. ft., developed 70+ projects, and handed over more than 75,000 units to date, including three integrated townships. Its commitment to quality and delivery has earned the trust of over 1,00,000 satisfied customers. Gaurs Group has also set industry benchmarks-delivering 15,000 units in a single year (2015), which is perhaps a national record till date of delivering maximum property units in a single calendar year by a private developer. With a diversified portfolio across residential, commercial, retail, and hospitality, Gaurs Group continues to redefine urban living in India.

Utthunga and Guidant Launch Center of Manufacturing Excellence to Deliver Export-grade Precision-engineered Systems

Utthunga, a leading provider of industrial automation and smart manufacturing solutions, announced the launch of a Center of Manufacturing Excellence in partnership with Guidant Measurement, a U.S.-based global leader in advanced precision measurement, automation, and terminal management solutions.

Utthunga and Guidant Inaugurate Center of Manufacturing Excellence

The facility, located in the Harohalli Industrial Area of Karnataka, aligns with the growing trend of global companies choosing India for high-value, export-grade manufacturing and delivery. As part of the collaboration, the center will focus on the assembly and delivery of electronics, terminal automation and process control systems for the global oil and gas industry. The new Center of Manufacturing Excellence represents a foundational step in Utthunga’s broader strategic commitment to scale its export business. Over the next five years, Utthunga targets more than Rs. 300 crore in export revenue – an ambitious goal driven by partnerships with global clients including Guidant, as well as Utthunga’s expanding portfolio of enterprise customers.

Speaking on the partnership, Krishnan KM, CEO and Managing Director of Utthunga, stated, “This facility marks a significant milestone in establishing India as a hub for precision-driven industrial manufacturing. With global supply chains evolving, we are proud to join forces with Guidant to deliver industrial excellence that is designed and built in India, trusted worldwide. Through this center, we aim to advance towards engineering a smarter, safer, and more sustainable industrial ecosystem globally.”

Laura Schilling, CEO of Guidant, commented, “This partnership reflects our commitment to building strong, reliable operations in India. The region offers a unique combination of stability, talent, and quality standards that align with our goals. Collaborating with Utthunga, whose industrial expertise and deep domain experience are well recognized, strengthens our ability to deliver high-quality products assembled in Karnataka for customers around the world.”

The new center is built to meet global standards for quality, traceability, and operational efficiency. Its capabilities span turnkey manufacturing of precision electronics products and integrated packaged solutions for use in process industries.

Praveen Naik, SVP and BU Head – Americas, Utthunga, added, “At a time when customers demand faster lead times, reduced risk, and uncompromising quality, this center will play a key role in meeting those needs. This initiative is a testament to our commitment to delivering high-quality manufacturing sourced locally while supporting the growth of local communities. We are excited to deepen our partnership with Guidant and contribute meaningfully to India’s industrial advancement.”

This investment highlights a shared commitment by both companies to develop globally competitive capabilities. It also reflects a broader industry shift toward diversifying high-value manufacturing to regions that offer engineering maturity, supply chain readiness, and cross-border collaboration.

About Utthunga
Founded in 2007, Utthunga is a leading provider of end-to-end engineering R&D services and industrial solutions for top Industrial OEMs, ISVs, MSPs, and industries including Energy, Chemicals, Metals, Mining, Minerals, Pharmaceuticals, Power, Utilities, and others.

With over 18 years of focused industrial expertise, Utthunga helps customers accelerate time-to-market without compromising quality. Its in-house Industrial Center of Excellence and innovation labs enable global companies to launch pioneering solutions that meet future demands.

Supported by a multidisciplinary engineering team of over 1200 members, Utthunga offers a full spectrum of capabilities from design and development to sensor-to-cloud solutions. Services include product, digital, process, and plant engineering. Turnkey solutions cover automation, sustainability, smart manufacturing, operational excellence, digital twin, safety and electrification solutions. In addition, Utthunga provides end-to-end manufacturing services through a global manufacturing ecosystem, enabling OEMs to scale production efficiently while maintaining quality and compliance.

About Guidant Measurement

Guidant Measurement is a U.S.-based provider of precision-engineered flow measurement, automation, and terminal management systems for the energy, chemical, and process industries. Building on a legacy of innovation through the trusted Smith Meter brand, Guidant offers a wide portfolio of liquid custody transfer solutions, flow computers, and integrated metering systems designed for critical infrastructure and global operations.

With a growing presence in international markets and a commitment to engineering excellence, Guidant partners with customers to deliver accurate, reliable, and scalable solutions that support operational performance and compliance in high-stakes environments.

Aisle Founder Launches Heyyy – A Link-in-Bio Social Network

Jamm Labs, the company behind community-first social innovations announces the launch of Heyyy, a first-of-its-kind link-in-bio social network that transforms static social profiles into active, intent-driven spaces for real-world connection.

Founded by Able Joseph, the creator of Aisle – India’s leading dating app later acquired by InfoEdge, designed Heyyy to help users turn their online presence into meaningful opportunities. Whether you are looking for a roommate, co-founder, collaborators, or simply sharing passion projects, Heyyy bridges the gap between visibility and genuine connection.

Heyyy – A Link-in-Bio Social Network

Unlike traditional platforms that prioritize content, Heyyy is built around context. Through its innovative Contextual DMs, users can state their intent clearly, whether on hiring, selling, planning something, or just looking to connect. Every message comes with built-in context, eliminating awkward introductions and making conversations feel more natural and purposeful.

Heyyy also enables offline connection through its built-in event tools, making it easy to host house parties, meetups, gigs, or spontaneous gatherings. The platform simplifies planning with features like attendee management, chat, and privacy controls, all within one space. Users can also showcase who they are and what they are working on through shareable links, portfolios, and project pages – all housed in one sleek profile.

Once a Heyyy profile is live, users can share it across Instagram, X, LinkedIn, or any platform of choice. Followers are notified in real time when new links, updates, or events are posted, making engagement timely and relevant.

“Heyyy turns social media visitors into collaborators, clients, teammates, or friends. We didn’t build it for attention – we built it for action. It’s for people who want to create momentum in life, whether that’s through creativity, community, or a spontaneous plan,” said Able Joseph, Founder of Jamm Labs.

Heyyy is now available on the App Store and Play Store. Users can claim their link-in-bio, customise their profile, and start turning followers into a connected, active community.

About Jamm Labs
Jamm Labs is a Bangalore-based startup focused on building social products rooted in intention and community. Founded by Able Joseph, Jamm Labs is behind platforms like Jamm – a social health tech app for offline group plans – and Heyyy, its latest launch focused on turning context into connection.

Understanding the unique features of Bajaj Finserv Small Cap Fund

The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable opportunity for you to explore the small cap space.

Features of Bajaj Finserv Small Cap Fund

Let’s explore how the Bajaj Finserv Small Cap Fund may potentially fit into your mutual fund portfolio.

Focus on quality to manage volatility

Investing in a small cap company comes with its share of volatility. Being new businesses, they are more sensitive to market cycles, funding challenges and competitive pressure.

The Bajaj Finserv Small Cap Fund addresses all these challenges through a quality-driven, research-backed stock-selection process. This means that the fund seeks to invest in companies that have strong fundamentals and suitable management practices. By focusing on businesses like these, the fund aims to minimise exposure to speculative companies and build a potentially robust portfolio that may be more suitable in the long run. However, it must be noted that even a quality portfolio cannot be immune to short-term market movements.

Targeting long-term scalable growth

One of the main objectives of the Bajaj Finserv Small Cap Fund is to select companies that have the capacity to scale in the future. This means that these companies are usually aligned to India’s broader structural shifts.

This fund also looks for long-term growth stories that are backed by sustainable businesses not just short-term gains. This emphasis on scalable growth, when combined with valuation discipline, is intended to support long-term wealth creation potential for investors.

A research-driven and disciplined approach

The small cap sectors can often have companies that are under-researched and overlooked. Many have limited analyst coverage or inconsistent disclosures. To overcome this, the Bajaj Finserv Small Cap Fund relies on in-depth analysis and Bajaj Finserv AMC’s proprietary INQUBE philosophy to evaluate opportunities.

This means scanning companies for their fundamentals, business models, and management track records. The fund management team also takes a meticulous approach to constructing the portfolio, seeking diversification across sectors.

Through this active management of the fund, the portfolio may be able to respond to market movements and keep a long-term focus rather than be influenced by short-term switches.

Who can consider investing

Here’s a couple of deciding factors you may consider when investing in the Bajaj Finserv Small Cap Fund:

  1. Your risk appetite – If you are someone with a higher risk appetite, this mutual fund may be a suitable option for you

  2. Your investment horizon – If you are looking to invest for a longer period, the small cap space may be a potential option to explore

  3. Your portfolio diversification – If you are looking to diversify your portfolio, a mutual fund in the small cap segment may be your opportunity to potentially add variety to your portfolio

Considering all this, if you are still averse to exploring the small cap segment, you can start with a Systematic Investment Plan in the mutual fund of your choice. In this scenario, doing an SIP in the Bajaj Finserv Small Cap Fund may help you gradually build exposure in the small cap space while mitigating market risks and building long-term participation. You can consider using an SIP calculator to calculate your monthly SIP amount based on your financial goals.

How to invest

You can invest in the Bajaj Finserv Small Cap Fund online through the official Bajaj Finserv AMC website or via authorised mutual fund distributors. Investments can be made through direct or regular plans. To learn more about the investment process, visit www.bajajamc.com.

Units will be available at an offer price of Rs. 10 per unit during the NFO period (June 27, 2025 – July 11, 2025).

Conclusion

If you are looking to venture into small cap investing, the Bajaj Finserv Small Cap Fund may offer you an entry point with its structured and quality-focused approach. The fund invests in companies that are trading under their intrinsic value due to a temporary shift which means that you can add companies with sustainable practices to your portfolio.

Before investing, it is advisable to assess whether this fund aligns with your financial goals and risk tolerance. Investors may also explore systematic investing options like SIPs and consult a financial advisor to make a well-informed decision.

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

High Octane World Premiere of ‘Love in Vietnam’ at DANAFF 2025

As a precursor to the highly anticipated global theatrical release of the historic first ever India – Vietnam Collaboration film “Love in Vietnam”, Furama Resorts, Danang hosted the film’s star-studded World Premiere at the state-of-the-art Ariyana Convention Centre on 01st July as part of the 3rd Danang Asian Film Festival – DANAFF 2025.

Rahat Kazmi, Captain Rahul Bali, Shantanu Maheshwari, Madam Ngo Phuong Lan and Actress Kha Ngan with Distinguished Guests and Sponsors

The spectacular event saw the presence of main actors Shantanu Maheshwari and Kha Ngan, Director Rahat Kazmi, Producers Captain Rahul Bali, Sarvesh Goel, Mohammed Antuley, Sahil Shiekh and Zeba Sajid Walk the Red Carpet. The gala evening also saw the presence of Director of DANAFF Ms. Ngo Phuong Lan, Deputy Chief of Mission, Embassy of India Ms. T. Ajungla Jamir, Head of Danang Culture, Sports & Tourism Department Ms. Nguyen Thi Hoi An, Consul General of Russia Ms. Mizonova M Georgievna, Chairman of Danang Tourism Association Mr. Cao Tri Dung, Chairman Danang Hotel Association Mr. Nguyen Duc Quynh among others.

This landmark cross-border tale of love is aimed at playing an important role in connecting not only two film industries but also in celebrating the vibrant cultural tapestry that binds India and Vietnam. It is a historic moment as this unique love story is not only poised to resonate with audiences in both the countries but also be instrumental in starting a great cinematic collaboration between India and Vietnam that shall further translate into boosting tourism and trade between both the countries.

Written and Directed by Rahhat Shah Kazmi this romantic film was officially announced at the 77th Cannes Film Festival in May 2024. Produced by internationally acclaimed curator and filmmaker Captain Rahul Bali along with Omung Kumar, Sarvesh Goel, Mohammad Antuley & Sahil Sheikh this cross-cultural love story boasts of a talented ensemble cast from both the countries that includes Shantanu Maheshwari, Avneet Kaur, Raj Babbar, Gulshan Grover, Farida Jalal, Krisheka Patel and Vietnamese Superstar Kha Ngan.

Speaking to media after the World Premiere, Producer Captain Rahul Bali said,Love in Vietnam is not just another film, it is the beginning of cinematic collaboration between India and Vietnam and I feel truly honored to lay the first foundation for this incredible journey. Seeing it come to life on screen and witnessing the audience’s emotional response here in Vietnam has been absolutely overwhelming. We were able to touch hearts and create connections and that’s what makes ‘Love in Vietnam’ so meaningful for all of us behind the scenes.”

The film is co-produced by Samten Hills Dalat, Zeba Sajid, Tariq Khan, Pankaj Chauhan, Abhishek Ankur and Nguyen Cao Tung. Supported by Vietnam Airlines, Vietravel, Danang Tourism, Furama Resorts, Sun Group, Sovico Group, Dragon Distilleries, VFDA, Group 365, Viet India Travel and Nui Than Tai Hot Springs Park Danang, this emotional love story has been shot in some of the most exotic locations of both Vietnam and India.

“Love in Vietnam” distributed worldwide by Reliance Entertainment, will be released in theatres globally later this year.

Single.id Wins Big at the BW Festival of Fintech 2025

Single.id, the innovative cross-reward program identifier operated by Enigmatic Smile has won two awards – ‘Customer Experience Solution‘ and ‘Fintech Innovation of the Year‘ at the recently concluded 5th edition of the BW Festival of Fintech 2025.

Among the several innovations that Single.id won for were DHONI App, a first-of-its-kind rewards-led app launched earlier this year, that translated the love and trust fans place in their cricket icon, into a gateway for rewards. DHONI welcomed all the cricketer’s fans into the Single.id fintech ecosystem through organic and affinity-led engagement.

“We are delighted to win this award. We enabled 120,000+ merchant touch points across India all through emotion-led tech. We will continue to rewrite the norms when it comes to creating innovative reward technology, with the sole goal of making rewards a win-win for both customer and retailer,” said Chandra Bhushan, Country Head at Enigmatic Smile, India. “Brands saw up to 30% increase in the frequency of return visits by reward users while DHONI campaigns saw 2-3x higher engagement and social sharing.”

Single.id won the silver award for ‘Best Customer Experience‘, having connected everyday transactions with instant rewards for every Indian. “We’ve been working tirelessly towards making rewards more tangible, aspirational and shareable for every shopper in India. It feels great to have all our efforts validated through this award. Single.ids rewards technology continues to generate user excitement, providing end users with a growing network of real-time hassle free rewards and ensuring brands receive real-time cross-reward programme attribution,” said Bish Smeir, CEO of Enigmatic Smile.

Single.id’s ecosystem allows customers to seamlessly and conveniently link their payment cards to various rewards apps, consolidate their “shopping identity” across all of them, and collect rewards across all top retailers. Apps powered by Single.id include the DHONI, Shoppers Stop Rewards, NDTV Big Bonus and Sarvatra Rewards. Allow End Users to redeem rewards against hundreds of gift cards across categories such as travel, groceries, entertainment, fashion, etc.

The company entered the Indian market in 2022 with the aim of building the country’s most efficient rewards economy through its unified rewards platform, Single.id. Today, Single.id boasts 4 top acquiring partners Pine Labs, Fiserv, Innoviti, and Paytm, 120,000 touchpoints, 50+ national brands including HPCL, Pizza Hut, Shoppers Stop, McDonald’s, Colorbar and many more.

Preethi Zodiac Mixer Grinder Puts India on the World Map as the World’s Most Powerful Mixer Grinder

In a bold and extraordinary display of performance and innovation, Preethi Zodiac, the flagship mixer grinder from Versuni India, has earned recognition from the World Book of Records as the World’s Most Powerful Mixer Grinder, in a multi-city record demonstration.

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Preethi Zodiac bags the title of Worlds Most Powerful Mixer Grinder to Grind Tough Items

Organized across Kochi, Bengaluru, Chennai, and Hyderabad, the record-setting activity witnessed the Preethi Zodiac simultaneously grinding over 30 of the toughest and unconventional ingredients, including tiles, walnuts, coconut shell, brick, and more-live, in front of audiences and adjudicators. Over 120 influencers actively participated in the on-ground challenge in all 4 cities, helping set the record while amplifying reach and excitement in each city. The 30 unique ingredients were suggested by real consumers via a social media contest held in partnership with these influencers.

The anchor event, held in Kochi, was led by Gulbahar Taurani, MD & CEO, Versuni India, who was joined by brand partners, influencers, and consumers as the brand showcased its latest feat of engineering and brand legacy.

This milestone is not just a celebration of power-it’s a testament to what Indian innovation can achieve,” said Gulbahar Taurani, MD & CEO, Versuni India. “With the Zodiac, we’ve created a product that is designed in India, built for India, and ready for the world. This world record reflects our commitment to pushing boundaries and redefining possibilities in Indian kitchens.”

The Preethi Zodiac is equipped with an advanced 750W Vega W5 motor architecture, engineered to handle even the toughest kitchen challenges. Known for its versatility, durability, and precision, the appliance offers fine and coarse grinding, blending, and food processing, all in one.

At the record event, the mixer grinder ground 30 tough materials live across 4 cities, powered continuously and under pressure, with all machines performing without interruption or drop in performance-earning applause from audiences and validation from the World Book of Records adjudicators.

The Zodiac’s ability to grind everything from dry turmeric to hard stone showcases the product’s engineering excellence. No other consumer mixer grinder in its class has demonstrated this performance across multiple geographies simultaneously,” noted Ankita Shah, the WBR certifying official present at the event.

Staying true its commitment to consumers, Preethi continues to offer customers lifelong free service across its entire product range to ensure a seamless and holistic brand experience. As a part of Versuni-a global house of brands including Philips, Preethi, Gaggia, Saeco, and L’OR Barista-this record is another proud milestone that reinforces Versuni India’s ambition to become the Best Domestic Appliances Company in India.

Aviva Life Insurance Wins Product of the Year 2025 in Retirement Income and ULIP Categories

Aviva Life Insurance, one of India’s leading private life insurance companies, has been awarded the prestigious Product of the Year 2025 title in two key categories: Life Insurance – Retirement Income and Life Insurance – ULIP. The recognition was based on a nationwide consumer survey conducted by NielsenIQ, as part of the 17th edition of Product of the Year in India.

The winning products, Aviva Signature Increasing Income Plan and Aviva Signature Investment Plan, were voted by consumers as the most innovative in their respective categories. This highlights Aviva India’s strong focus on customer-centric product design, simplicity, and relevance to today’s financial needs.

Commenting on the win, Asit Rath, CEO and MD, Aviva India, said, “We are truly honoured to be recognised as Product of the Year 2025 in two key life insurance categories: Retirement Income and ULIP. The Aviva Signature Increasing Income Plan and Aviva Signature Investment Plan were thoughtfully designed to address our customers’ real-life needs, whether it’s creating a reliable stream of income post-retirement or building a disciplined investment habit for the future. Being voted by consumers as the most innovative in both categories is a powerful validation of our approach. We thank our customers for their trust and we remain fully committed to meeting their expectations, as their continued support is valuable to us.”

Speaking on the achievement, Raj Arora, CEO, Product of the Year India, said, “Consumers across the country have recognized two of Aviva Life Insurance’s products as Product of the Year 2025 winners in two categories: Retirement Income and ULIP. These wins are a testament to Aviva’s commitment to customer-first innovation, financial foresight, and product excellence. In a year where consumer choices spanned diverse categories from wellness and home solutions to financial security, it is commendable that Aviva Life Insurance stood out in two mission-critical segments of life insurance. We congratulate the Aviva team for earning the trust and votes of Indian consumers through thoughtfully designed and future-ready financial solutions.”

Adding his perspective, Ajai Kumar Tripathi, Chief and Appointed Actuary, Aviva India, said, “At Aviva India, every product we design begins with a single question – what does the customer truly need This recognition as Product of the Year 2025 in both Retirement Income and ULIP categories is a proud validation of our approach to purposeful product innovation. We combine deep consumer insights with robust actuarial analysis and continuous benchmarking against the best in the industry to ensure our offerings deliver long-term value, simplicity, and security.”

Aviva Signature Increasing Income Plan is a non-linked, non-participating savings life insurance plan that provides customers with guaranteed annual income that increases by a simple interest rate of 15% on every 3rd anniversary of the Payout Period, along with life cover and flexible payout options. Designed for those planning long-term financial stability post-retirement, the plan offers the option to receive income for up to 40 years and includes an Accidental Death Benefit rider for added protection.

Aviva Signature Investment Plan is a Unit Linked Insurance Plan (ULIP) crafted for customers who seek long-term investment growth with life insurance coverage. With zero premium allocation charges, return of mortality, and access to 8 fund options with unlimited free switches, the plan supports goal-based wealth creation while offering peace of mind. Loyalty additions further enhance the value of the plan at maturity.

This dual recognition strengthens Aviva’s position as a customer-focused insurer committed to building simple, transparent and future-ready financial solutions that align with the evolving needs of Indian families.

About Aviva Life Insurance

Aviva Life Insurance Company India Limited is a joint venture between Dabur Invest Corp and Aviva International Holdings Limited, a UK-based insurance group with a rich history dating back to 1696. Aviva Life Insurance India is dedicated to enhancing the financial well-being of its customers through innovative insurance solutions and customer-centric initiatives.

Website: www.avivaindia.com

NR Group Honoured with ‘Excellence in Multigenerational Legacy’ Award at the Family Business Summit & Awards 2025

At the Family Business Summit & Awards 2025, NR Group was honoured with the prestigious Excellence in Multigenerational Legacy award, recognising its enduring values and visionary leadership across generations.

NR Group, a diversified business conglomerate headquartered in Mysuru, has evolved over its 77-year legacy from humble beginnings in 1948 as an incense stick (agarbathi) manufacturer into a global powerhouse with a strong presence across sectors including FMCG, aerospace, and defense.

Mr. Pavan Ranga, CEO of Rangsons Aerospace, receives the ‘Excellence in Multigenerational Legacy’ award, celebrating 77 years of the Ranga Rao family’s legacy

Mr. Pavan Ranga, CEO & MD of Rangsons Aerospace, accepted the award on behalf of NR Group-an organisation renowned for its legacy of innovation, purposeful leadership, and sustained growth over the decades.

Built on strong family values and a deep commitment to nation-building, the Group continues to grow while remaining true to its founding principles.

About Rangsons Aerospace
Rangsons is a diversified business conglomerate based in Mysuru, India, and a part of the NR Group, which was founded in 1948. The group operates across multiple sectors, including Defence and Aerospace, Education, Infrastructure, Agriculture, and Healthcare. Rangsons serves a wide range of clients, both domestically and internationally, collaborating with prestigious organizations such as ISRO, Boeing, and various branches of the Indian Defence and Aerospace sector. The group is dedicated to leveraging technology to develop innovative solutions that address the critical challenges of a developing economy. Its flagship company, N. Ranga Rao & Sons, is a dominant player in the Indian incense industry, best known for its iconic brand, Cycle Pure Agarbathi.