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Signify Inaugurates the First Exclusive WiZ Store in Pune

Bringing the best of connected technologies to India, Signify, the world leader in lighting, has launched its first exclusive WiZ Store in Pune, this marks a significant milestone in the brand’s expansion across the nation. With this launch, Signify redefines how consumers experience lighting by offering a fully connected, customizable, and intuitive smart lighting journey.

C Arun Kumar, Head of Consumer Business – Signify Greater India, inaugurates the First WiZ store in Pune

Located in one of India’s most rapidly growing IT and real estate hubs-the WiZ Store is designed to resonate with the city’s young, tech-savvy, and innovative audience. The store will showcase Philips Smart LED products powered by WiZ, enabling users to control lighting through apps, voice assistants, and smart switches. The store offers a hands-on experience of how smart lighting can seamlessly blend into modern lifestyles. The store features a vast selection of connected SKUs, offering a holistic shopping experience to customers.

Signify inaugurates the first exclusive WiZ store in Pune

Commenting on the power packed launch C Arun Kumar, Head of Consumer Business – Signify Greater India, said, “The launch of our WiZ Store in Pune reflects our deep commitment to shaping the future of smart homes in India. Pune, with its thriving innovation ecosystem and forward-thinking consumers was a natural choice to introduce our most immersive connected lighting experience yet.

Through the WiZ platform, we are empowering people to personalize their spaces with intuitive lighting that’s not only functional but enhances their lifestyle and well-being. This store isn’t just a retail space, it’s a live experience centre that showcases how technology and design can work together to transform everyday living. Looking ahead, we see immense potential for smart lighting across India’s rapidly urbanizing cities and our commitment is to support the growth by delivering innovative, connected solutions that enhance comfort, design, and sustainability.

The launch of the WiZ Store in Pune cements Signify’s leadership in India’s smart‒lighting market. Leveraging the expertise in connected lighting, ongoing product innovation, and strategic collaborations with channel partners and design professionals, Signify is committed to delivering innovative, user‒centric lighting solutions that meet the evolving needs of Indian homes and businesses.

Address: Shop No 23, Gr Floor, Vision One Mall, Bhumkar Chowk Rd, near GINGER PUNE, Wakad, Pimpri-Chinchwad, Pune, Maharashtra 411033
For further information, please contact:
Prachi Kaushik –Prachi.Kaushik@signify.com
Pavitra Amrit – Pavitra.amrit@sixdegrees-bcw.com

About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for eight consecutive years and have achieved the EcoVadis Platinum rating for five consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.

Pilates Pioneer Yasmin Karachiwala’s Body Image Opens in Juhu

The pioneer of pilates and Bollywood’s favourite fitness instructor Yasmin Karachiwala has launched her latest pilates studio at Juhu. The partners in this most recent venture are her son Zahaan Karachiwala and his business partner Zainab Bashey at the forefront. The launch event was a wonderful success, graced by the presence of several well-known Bollywood personalities who came out to support Yasmin. Guests included Helen Khan, Sunil Grover, Sophie Choudry, Alvira Khan Agnihotri, Atul Agnihotri, and Alizeh Agnihotri. Speaking on the occasion, Helen Khan shared news of a video of her doing Pilates with the celebrity trainer that had gone viral, garnering millions of views. You can view it here.

Celebrities grace launch of Yasmin Karachiwala’s BodyImage Studio in Juhu

With over three decades of experience in the fitness industry, Yasmin Karachiwala has established herself as one of the best in her field. Known as the go-to instructor for the biggest stars, like Alia Bhatt, Preity Zinta, Katrina Kaif, Deepika Padukone and Hardik Pandya, Yasmin has helped them achieve the perfect balance of body and mind. Yasmin’s extensive qualifications, including numerous certifications from both India and the US, underscore her excellence and expertise, particularly in Pilates, earning her the well-deserved title of the Pioneer of Pilates in India.

Celebrities grace launch of Yasmin Karachiwala’s BodyImage Studio in Juhu

Pilates is an exercise that helps keep both the body and mind in optimal shape. It reduces chronic pain and aids in recovery from injuries, making it an effective and restorative form of movement. It is an excellent way to stay fit, healthy, and energised for both men and women, and has also been proven beneficial for pregnant women. Pilates serves as a preventive approach to overall wellbeing, helping maintain a sound body and mind. It is especially useful for individuals with desk jobs, as it improves posture and helps relieve joint and back pain. Additionally, Pilates teaches proper breathing techniques and contributes to achieving a toned, well-balanced physique.

The newly launched YKBI centre in Cuffe Parade, with its classy and welcoming interiors, provides a myriad of promising facilities including Reformers, MOTR, Mats and Spinal Correctors with a variety of small equipment that complements these larger pieces. Students can opt for one-on-one sessions of personal classes or duet or group sessions. Coaching is led by a team of experts personally trained by Yasmin, ensuring that the health issues of clients are addressed effectively. The instructors are specifically trained to work with injuries like joint pain, back pain and neck pain and can also help their clients with fitness programmes tailored for pregnancy. All the instructors in the centre are certified by YKBI Pilates Academy and internationally recognised. In addition to regular clients, special attention will be given to those ailing from spinal issues or bodily injuries.

So come on, Juhu! With YKBI, it’s time to walk that fitness talk.

Address: 501, Aryston Centre, Juhu Tara rd, Juhu, JW Marriot, Mumbai, Maharashtra, 400049

How To Fix Errors In Credit Reports And Boost Scores With OneScore

Getting rejected for a personal loan can be a frustrating experience, especially for those with stable incomes and what seems to be a clean financial track record. One reason for applications to get rejected is not because borrowers lack financial discipline, but because of overlooked errors in their credit reports.

These inaccuracies can be anything from outdated account details to fraudulent entries of a loan that the applicant did not even know existed in their name. To bridge this knowledge gap, the OneScore App allows user to check their credit score and report for free. By seeing all their credit accounts in one place, users can identify fraud and errors seamlessly.

What’s more, they can increase their score over time to get a better instant personal loan deal and take charge of their credit health with timely repayment reminders. With all these features, OneScore is helping users reduce loan rejection and borrow more smartly than ever, putting more power back in the hands of responsible users.

Likely Errors in Credit Reports
A credit report is meant to be a clear snapshot of an individual’s financial history, but it is not always accurate. In fact, even small mistakes in a credit report can have big consequences, from unexpected loan rejections to higher interest rates due to lower credit scores.

Here are some of the common mistakes one may encounter in their credit report:

  • Errors in Identity Information: An individual’s credit information report (CIR) can have certain mistakes in name, address, contact details, etc. Sometimes, there may be a mix-up with a credit account of one person appearing under the name of another person with the same or a similar name.

  • Errors in Account-related Information: Credit reports can sometimes contain inaccuracies in how an applicant’s accounts are recorded. For example, accounts that are still open may be mistakenly reported as closed or vice versa. Sometimes, accounts may also show missed or late payments even when the applicant has paid on time.

  • Errors in Reported Balance: There may be certain accounts with incorrect current balances or borrowing limits.

  • Duplication Errors: There may be the same debt listed more than once, possibly under different names or creditors.

  • Fraudulent Accounts or Transactions: Sometimes, there may be unknown accounts or transactions in the applicant’s name, which may be dragging their credit standing down. This may happen due to a fraudulent loan taken in a consumer’s name by a scammer.

These inaccuracies can lead to a lower credit score, which is a critical factor that lenders consider when evaluating loan applications. A diminished credit score increases the likelihood of loan rejections, as lenders may perceive the applicant as a higher risk.

How OneScore Helps Avoid Rejections
While the credit report gets updated every 30-45 days, most credit bureaus like CIBIL and Experian give access to them for free only once a year. OneScore offers a user-friendly platform that allows individuals to access their credit scores and reports from major bureaus like TransUnion CIBIL and Experian for free across their lifetime.

Upon reviewing their credit reports with OneScore, users can identify discrepancies, such as incorrect personal details, outdated account statuses, or unauthorised credit accounts. The platform provides a straightforward process to report these errors directly to the respective credit bureaus, initiating a dispute resolution process.

By promptly addressing these inaccuracies, users can improve their credit scores, thereby enhancing their eligibility for personal loans. If one finds inaccuracies in their credit report, they can raise a dispute with CIBIL by following these simple steps:

  1. Click on the “Report an error” option in OneScore

  2. The user will be redirected to the CIBIL website

  3. Log in with credentials and click on “Dispute Resolution”

  4. Click on the “Credit Report” section and proceed to the “Dispute Centre”

  5. Select the “Dispute an Item” option and follow the instructions outlined there

  6. One can raise a dispute on their account information and data fields provided by the bank or financial company

  7. Hit “Submit” and get a pop-up with a summary

Achieving financial freedom requires discipline and planning, along with access to the right tools. That is where OneScore steps in. With this app, applicants can manage their credit health and make informed financial choices without being overwhelmed. They get a clear view of their credit profile and personalised insights to keep them on track.

When life calls for a little extra support, be it a home upgrade, travel, or emergencies, one can get access to tailored financial solutions like the OneScore Personal Loan. This is a seamless personal loan facility allowing users to borrow up to ₹5 lakhs at competitive interest rates, all based on the applicant’s credit profile.

What is more, applicants can get this online loan with minimal paperwork and no hidden charges. To start the journey toward better credit health, one can download the OneScore App and unlock smarter borrowing with the instant loan options, too.

Unlock Quick Funds with Bajaj Finserv Gold Loan

In recent years, the gold loan has emerged as a trusted financial tool in India, especially for those who need quick access to funds to meet planned or urgent needs. By pledging 18-22 karat gold jewellery, borrowers can access funds starting from Rs. 5,000 to Rs. 2 crore with Bajaj Finance, while retaining ownership of their valuables.

Bajaj Finserv Gold Loan offers a convenient solution with same-day approval, competitive interest rates, and a simple application process. This makes it a preferred choice for individuals looking for a gold loan, where ease, safety, and affordability matter the most.

Bajaj Finserv Gold Loan

Why is a gold loan a popular financial tool

People in India often have gold savings passed down across generations. A gold loan allows them to turn idle gold into active capital, without selling or parting with the ornaments.

Here are some reasons why gold loan in Nellore is becoming a popular financial choice:

  • High-value loans up to Rs. 2 crore – Customers can get access to funds starting from Rs. 5,000 to Rs. 2 crore, depending on the purity and weight of their gold jewellery. This makes it a reliable option for managing high-value expenses like medical treatment, education, or travel.

  • Competitive interest rates – Bajaj Finance offers competitive rates of interest, which are generally lower than those of unsecured loans. This helps customers keep their borrowing costs under control.

  • Multiple repayment options – Borrowers can choose repayment tenures ranging from 1 day to 12 months and select from various repayment modes such as monthly, bi-monthly, quarterly, half-yearly or annual interest payments. Any pending interest or principal due for payment by the end of the term.

  • Funds for planned and emergency needs – Whether it is an urgent medical situation, educational fees, or a long-awaited family function, customers can use the loan amount as per their financial priorities.

  • 24×7 secured gold storage – The pledged gold is covered under free insurance of gold and stored safely in highly secure, surveillance-enabled vaults, ensuring complete peace of mind until the loan is repaid.

Understanding the gold rate and its impact

The gold loan in Maharashtra, like in any other city in India, plays a key role in how much loan a borrower can get. The higher the gold price per gram, the higher the loan amount offered. Bajaj Finance calculates the gold loan eligibility based on the prevailing gold rate, weight of the jewellery, and purity of the gold pledged.

Using the Bajaj Finserv Gold Loan Calculator, one can check the expected loan amount in just a few clicks. This helps in planning better and borrowing responsibly.

How to apply for a gold loan in Nellore

The application process with Bajaj Finserv is simple and fast. Here are the steps:

  1. Visit the official Bajaj Finserv Gold Loan website.

  2. Click on the “Apply” button to start the application.

  3. Enter the 10-digit mobile number and verify it with an OTP.

  4. Fill in personal details and choose the nearest branch.

  5. Submit the application and download the eligibility letter.

Once the pledged gold is assessed at the branch and documents are verified, the approved loan is disbursed directly into the bank account.

Final thoughts

A gold loan is not just about borrowing-it is about making smart financial choices. It offers a safe and flexible way to unlock the value of gold without giving it up. Bajaj Finserv Gold Loan ensures that borrowers receive timely financial support with a secure, transparent, and easy process.

By keeping an eye on the gold rate today, applying online, and choosing the right repayment plan, individuals can benefit greatly from this valuable funding option.

To apply or learn more about the gold loan, visit the nearest Bajaj Finserv Gold Loan branch or apply online today.

T&C Apply.

About Bajaj Finance Limited

Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 80.41 million customers. Bajaj Finance has a credit rating of AAA/Stable for its Fixed Deposit program from CRISIL and ICRA, AAA/Stable for long-term borrowing from CRISIL, India Ratings, CARE and ICRA, and A1+ for short-term borrowing from CRISIL, India Ratings and ICRA. It has a long-term issuer credit rating of BBB-/Stable and a short-term rating of A-3 by S&P Global ratings.

To know more, visit www.bajajfinserv.in.

MAHE and BPL Medical Technologies Forge Strategic Partnership to Advance Medical Device Innovation

Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed to be University, and BPL Medical Technologies Private Limited have signed a landmark Memorandum of Understanding (MoU) to foster industry-academia collaboration, drive innovation in medical devices, and equip future healthcare professionals with hands-on experience.

The partnership, signed under MAHEsYear of Excellence in Industry-Academia Collaboration” initiative, aims to combine academic research with industry expertise to develop clinically validated, cost-effective medical devices for both Indian and global markets.

Strategic Partnership between MAHE and BPL for Healthcare Innovation Drive

The MoU was formally signed and exchanged by Dr Giridhar P Kini, Registrar, MAHE, and Mr Guruswamy Krishnamurthy, CEO of BPL Medical Technologies. The ceremony took place in the presence of Dr Ranjan R Pai, President of MAHE and Chairman of Manipal Education and Medical Group, Dr H S Ballal, Pro Chancellor, Lt Gen (Dr) M D Venkatesh, VSM (Retd.) Vice Chancellor, Dr Sharat K Rao, Pro Vice Chancellor -Health Sciences, Dr Raviraja N S, Chief Operating Officer, and Dr Harish Kumar, Director of Corporate Relations, MAHE, Mr Sunil Khurana, Executive Chairman of BPL Medical Technologies and Dr Shravan Subramaniam, Managing director of BPL Medical Technologies. The event is a highlight of MAHE’s “Year of Excellence in Industry-Academia Collaboration” initiative, emphasizing the university’s commitment to bridging the gap between academia and industry.

The partnership aims to promote academic research cooperation, joint educational activities, exchange of scholars, and shared internship opportunities. Both institutions will collaborate to develop clinically validated, cost-effective medical devices tailored for emerging markets, with a focus on the ‘Make in India’ vision.

“This collaboration represents a significant step towards bridging the gap between academia and industry,” said Dr H S Ballal. “By combining our research capabilities with BPLs industrial expertise, we can develop healthcare solutions that are not only innovative but also affordable for rural populations,” he added.

Emphasizing the broader vision Lt Gen (Dr) Venkatesh, Vice Chancellor, remarked, “Our institutions share a common vision of advancing healthcare technology. This partnership will provide our students and researchers with valuable real-world exposure while contributing to meaningful healthcare innovations.”

Expressing optimism about the transformative potential of the collaboration Mr Guruswamy, CEO of BPL Medical Technologies, said, “Industry-academia partnerships drive innovation globally, and this collaboration marks a pivotal shift for BPL from trading to product development and manufacturing. Leveraging MAHE’s world-class testing facilities and clinical expertise will accelerate our journey to deliver practical, affordable medical devices for India and similar markets across the world.”

During the ceremony, Dr Arun Maiya, Dean, Manipal College of Health Professions, Manipal (MCHP, Manipal) presented MAHEs Medical Instruments, Devices & Allied Services (MIDAS) hub, supported by the Department of Science & Technology (DST), Government of India. MIDAS is India’s first medical device innovation hub within a private higher education ecosystem. It unites 25 institutions and 30 industry partners to drive indigenous design, development, and commercialization of innovative healthcare devices, reducing reliance on imports. The Hub also offers specialized training and workshops for researchers and industry partners, creating a vibrant ecosystem that accelerates medical technology innovation and makes affordable, high-quality healthcare solutions accessible across India.

About Manipal Academy of Higher Education

Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bangalore, Jamshedpur, and Dubai. With a remarkable academic track record, state-of-the-art infrastructure, and significant research contributions, MAHE has earned recognition and acclaim nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and an enriching campus life, and for national & multinational corporates looking for top talent.

About BPL Medical Technologies Private Limited

BPL Medical Technologies Pvt. Ltd., established in 2013, was founded with investments from BPL Group and Goldman Sachs. Headquartered in Bangalore, India, BPL Medical operates through 5 zonal offices and 15 branch offices across the country. With a growing workforce of ~900 employees, BPL Medical grew by 10 times in revenue over the last 10 years.

BPL Medical’s operations include two manufacturing plants: One in Palakkad, Kerala, was established in 2013, and the second being a greenfield project, situated in Jigani, Bangalore, inaugurated in 2024. The new facility spans 1.25 acres and employs around 300 staff members across both plants.

The second plant was officially inaugurated by the Honble Prime Minister of India, Shri Narendra Modi as part of the Production Linked Incentive (PLI) Scheme, an initiative by the Government of India to boost ‘Make in India’ program. With this plant, we aim to help meet the growing demand for medical equipment and foster self-reliance in India’s healthcare sector.

BPL Medical operates across six key business verticals: Cardiology, Critical Care & Surgery, Imaging, Mother & Child Health, Home Care, and Consumables & Accessories.

Research Investigates Walnuts’ Role in Reducing Inflammation and Colon Cancer Risk

New findings published in Cancer Prevention Research show daily walnut consumption may improve markers of systemic inflammation and reduce colon cancer risk. Colon cancer is one of the most common cancers worldwide and accounts for around 10% of total cancer diagnoses.1 Urolithin A (UA), a metabolic byproduct of the plant-derived polyphenols, ellagitannins, found in walnuts, are thought to contribute to these findings.

California walnuts

Researchers at the University of Connecticut analyzed the impact of 56g of daily walnut consumption among 39 healthy adult participants, age 50-65, on urinary urolithins and markers of inflammation, immunity and other indicators of colonic health for three weeks prior to undergoing a routine colonoscopy.2 This clinical trial followed a preclinical study by Dr. Masako Nakanishi, an investigator in the Rosenberg lab, who first reported on these effects of walnut consumption on colon cancer.3 In the present study, researchers found that consuming a walnut-containing diet resulted in increased urinary UA levels which were linked to lower levels of several inflammatory markers present in the blood.

In addition, the study found changes in colon polyps that could ultimately prove to be beneficial for preventing the development of some cancers. Urolithins have been studied for their anti-inflammatory properties and may play a role in cancer prevention.4,5 It is thought that higher levels of urinary UA could be responsible for these changes that were observed in polyp tissues, even after a short exposure interval to walnuts.

A handful of California walnuts

Dr. Daniel W. Rosenberg, the HealthNet Chair in Cancer Biology and an investigator at the Center for Molecular Oncology at the University of Connecticut School of Medicine, has been studying the properties of walnuts and their anti-inflammatory benefits for more than a decade. “Walnuts are an exceptional source of health-promoting nutrients called ellagitannins. These nutrients, when broken down by the gut microbiome to form urolithin A, are thought to reduce inflammation and may be responsible for reducing risk of colon cancer,” notes Rosenberg.

Beyond their ellagitannin content, walnuts are known for their nutrient composition. Walnuts are the only nut to provide an excellent source of omega-3 ALA (2.5g/28g), which has been researched to support brain health, heart health and more.6 Walnuts also provide 4 grams of plant-based protein along with a variety of other nutrients in just one handful.7

This study adds to the growing body of evidence supporting walnuts as a functional food with benefits that go beyond basic nutrition. The ability of walnuts to produce urolithin A – a compound linked to reduced inflammation and potential protection against colon cancer – makes them especially relevant today, as more Indians face digestive health challenges linked to modern diets and lifestyles. Including a handful of walnuts daily is a simple, effective habit that can support gut health and contribute to overall wellness,” states Naaznin Husein, Member of the Indian Dietetic Association.

Reaping the health benefits of walnuts is as easy as incorporating a handful into your meals and snacks. Try some of these recipes to add California walnuts:

More research is needed as this was a relatively small and short-term study and it is unclear whether the observed effects of consuming walnuts would persist over a longer period of time or in a larger population. Additionally, the study was not a randomized control trial.

For more information on the role of walnuts in cancer prevention and gut health or recipe ideas, please visit californiawalnuts.in

About the California Walnut Commission

The California Walnut Commission (CWC) represents more than 3,700 California walnut growers and approximately 70 handlers, grown in multi-generational farmers’ family orchards. California walnuts, known for their excellent nutritional value and quality, are shipped around the world all year long, with more than 99% of the walnuts grown in the United States being from California. The CWC, established in 1987, promotes usage of walnuts through domestic and export market development activities as well as supports health research with consuming walnuts.

References:

  1. World Health Organization. Colorectal cancer. World Health Organization website. Accessed May 2, 2025. Updated July 11, 2023. https://www.who.int/news-room/fact-sheets/detail/colorectal-cancer

  2. Moussa MR, Fan N, Birk J, et al. Systemic inflammation and the inflammatory context of the colonic microenvironment are improved by urolithin A. Cancer Prev Res (Phila). 2025;18(4):235-50.

  3. Nakanishi M, Chen Y, Qendro V, et al. Effects of Walnut Consumption on Colon Carcinogenesis and Microbial Community Structure. Cancer Prev Res (Phila). 2016 Aug;9(8):692-703. doi: 10.1158/1940-6207.CAPR-16-0026

  4. Fan N, Fusco JL, Rosenberg DW. Antioxidant and anti-inflammatory properties of walnut constituents: Focus on personalized cancer prevention and the microbiome. Antioxidants. 2023;12(5):982.

  5. Mandalari G, Gervasi T, Rosenberg DW, Lapsley KG, Baer DJ. Effect of nuts on gastrointestinal health. Nutrients. 2023;15(7):1733.

  6. Sala-Vila A, Fleming J, Kris-Etherton P, Ros E. Impact of alpha-linolenic acid, the vegetable omega-3 fatty acid, on cardiovascular disease and cognition [published ahead of print February 16, 2022]. Advances in Nutrition. doi.org/10.1093/advances/nmac016.

  7. U.S. Department of Agriculture, Agricultural Research Service. FoodData Central, 2019. Fdc.nal.usda.gov.

Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year

Axis Max Life Insurance Ltd. formerly known as Max Life Insurance Company Ltd (“Axis Max Life”/ “Company”), has settled 20,170 individual death claims worth ₹1,430.80 Cr. in FY 2024-25, achieving its highest-ever individual death claims paid ratio of 99.70%. This marks a consistent rise from 99.22% in FY20, reinforcing 99.70% as the Company’s new benchmark for trust – India Ke Bharose Ka Number™*.

https://www.newsvoir.com/images/article/image1/32047_IKBKN_2025_image.jpg

Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year

Since inception, Axis Max Life has disbursed ₹10,109.85 Cr. in death claims across 2.23 lakh policies. With initiatives like InstaClaim™ and 3-Hours claims promise, Axis Max Life is reiterating its commitment to customer-centricity in everyday interactions.

Axis Max Life – Individual Death Claims Paid Ratio (%)

(Consistent improvement over the last 5 years)

FY 2020-21

FY 2021-22

FY 2022-23

FY 2023-24

FY 2024-25

99.35%1

99.34%2

99.51%3

99.65%4

99.70%5

Prashant Tripathy, CEO and Managing Director, Axis Max Life, “Axis Max Life has achieved its highest-ever individual death claims paid ratio of 99.70% in FY25 – a powerful validation of the deep trust our customers place in us, and our steady commitment to honour that trust when it matters most. In an industry where the moment of truth lies in claim settlement, we continue to lead with purpose, precision, and empathy.”

Anchored in the promise of ‘Bharosa’, Axis Max Life is deepening its customer-centricity by putting customers at the heart of every interaction. From achieving highest-ever 13th-month persistency to 3-Hours claims promise, we are redefining customer experience at scale. Our AI-led underwriting, intelligent servicing platforms, and same-day payouts are not just process enhancements – they are fundamental shifts in how we serve our customers with speed, transparency, and care.”

Reinforcing its customer-first approach, Axis Max Life has strengthened its underwriting mettle with predictive analytics and enhanced fraud controls through digital forensic tools. This has enabled the Company to consistently deliver superior customer experience, reiterated by its securing the No. 2 rank among Indian life insurers for the third consecutive year in Hansa Research’s Life Insurance CuES 2025 study with a steady improvement in its Net Promoter Score (NPS) from 59 to 64 over three years. Demonstrating strong customer retention, Axis Max Life has reported a 13th-month persistency of 87.6% (Premium basis), and a 61st-month persistency of 59.3% (Cumulative, Premium basis) in FY25 – both up by 100 bps year-on-year.

For more information, please log on to www.axismaxlife.com.

About Axis Max Life Insurance Limited
Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Ltd., is a Joint Venture between Max Financial Services Limited (“MFSL”) and Axis Bank Limited. Axis Max Life Insurance offers comprehensive protection and long-term savings life insurance solutions through its multi-channel distribution, including agency and third-party distribution partners. It has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per annual audited financials for FY2024-25, Axis Max Life has achieved a gross written premium of INR 33,223 Cr.

1Basis IRDAI Annual Report 2020-21
2Basis IRDAI Annual Report 2021-22
3Basis IRDAI Annual Report 2022-23
4Basis Audited Annual Financials 2023-24
5Basis Audited Annual Financials 2024-25

*India Ke Bharose Ka Number is Axis Max Life’s Brand Campaign on the Claims Paid Ratio. Claims Paid Ratio is a ratio of the death claims paid against the number of death claims received in a Financial Year.

Introducing Five Gods on Parimatch: New Slots Game Where Ancient Greece Meets Modern Rewards

Ready to enter a world of ancient legends, mighty gods, and huge rewards Then you’ll want to try Five Gods, the latest slot release from Parimatch, the #1 global gaming platform. This divine new game will take you straight to mythic Greece-where every spin could earn you the gods’ favor and lead to huge wins.

New Slots Game Where Ancient Greece Meets Modern Rewards

How to Play Five Gods

Playing Five Gods is easy and fun. Just choose your stake and tap the Spin button. You can start as low as Rs. 4 or go as high as Rs. 9000. Once you spin, the five reels turn, symbols land, and the gods may reward you with generous prizes.

The reels are packed with icons from Greek mythology-like winged sandals, olive branches, enchanted harps, ancient urns, and glowing card letters. Each symbol adds to the atmosphere and contributes to your winning potential.

Wild Magic: Gods Multiply Your Rewards
Wild symbols help complete winning combinations by replacing other symbols, except Scatters. Wilds come in different sizes-from small (11) to full-height (14), covering the entire reel.

Now here’s where it gets exciting: each reel is tied to a specific god. When a god lands as a full Wild on their reel, they boost your win with a special multiplier. For example, if Zeus lands, your win is multiplied by 5. If both Hades and Zeus land together, their multipliers combine- 3 and 5-giving you a huge 15 win. And if all five reels are filled with full Wilds, you’ll unlock the biggest reward: 5,000 your stake!

Scatters Unlock the Gods’ Favor

Keep an eye out for the golden temple symbols-these are Scatters. When 3 or more Scatters land anywhere on the reels, they trigger a powerful bonus round:

  • 3 Scatters summon 8 Free Spins
  • 4 Scatters grant 12 Free Spins
  • 5 Scatters unleash divine 20 Free Spins

The more Scatters you uncover, the more generous the gods become-and the greater your chance of unlocking precious rewards.

Buy Bonus Mode

Skip the wait and jump straight into the action with Buy Bonus Mode for just 75 your stake. Activating this feature guarantees 3 Scatters, instantly triggering the Free Spins round.Here’s the fun part: during Bonus Mode, Scatters can retrigger, giving you even more Free Spins and extending your winning potential.

Plus, if any part of a Wild symbol appears on a reel, it will instantly expand to cover the entire reel, giving you a much better chance to land big wins.

Wrapping Up

With 5 reels, 4 rows, and 25 paylines, Five Gods is set to become a must-play for slot lovers and those who are into Greek mythology. Simple rules, exciting features, and timeless theme-Five Gods offers a journey into ancient legend-where every spin brings endless fun and a chance for big wins.

About Parimatch

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Accurate Institute of Management and Technology, Greater Noida, Organizes a Global Immersion Program in Malaysia for PGDM Students

In its ongoing efforts to provide students with unparalleled international exposure and learning opportunities, the Accurate Institute of Management and Technology, Greater Noida, successfully organized a week-long Global Immersion Program for its Post Graduate Diploma in Management (PGDM) students in Malaysia from May 21 to May 27, 2025. The program aimed to combine academic rigor with practical, real-world experiences in a global context, equipping students with the skills and insights needed to excel in today’s interconnected business environment.

Accurate Institute students participating in the Global Immersion Program in Malaysia

The highlight of the program was an exclusive visit to INTI International University, Malaysia, a premier institution known for its innovative approach to education. The visit included:

  • Interactive Sessions: Students participated in an engaging session led by distinguished faculty and industry professionals. Discussions revolved around cutting-edge management topics, emphasizing innovation, leadership, and global business trends.

  • Workshop Participation: The students actively engaged in a hands-on workshop focusing on advanced management strategies and decision-making processes. This session provided practical insights into global management practices, fostering critical thinking and problem-solving abilities.

  • Certificate Ceremony: At the culmination of their academic engagements, students were awarded certificates recognizing their active participation and commitment to learning.

  • Collaboration Discussions: Faculty and administrative representatives from both Accurate Institute and INTI University deliberated on potential collaboration opportunities, exploring avenues for joint academic programs, research initiatives, and student exchange programs.

Accurate Institute students at INTI International University, Malaysia, for an academic engagement

In addition to academic engagements, the program included industrial visits to renowned companies such as:

  • Bufari Motor Company, Students observed innovative automotive technologies and manufacturing processes, gaining insights into the global automotive industry.

  • Harriston Chocolate Boutique, this visit showcased Malaysia’s chocolate-making heritage, emphasizing quality, craftsmanship, and market strategies in the food industry.

  • Royal Selangor, the world-famous pewter manufacturer, illustrating heritage craftsmanship.

  • Sime Darby Plantation Eco Garden, emphasizing sustainable practices in agriculture and environmental management.

In addition to academic and industrial engagements, the Global Immersion Program incorporated cultural exploration, allowing students to experience Malaysia’s rich heritage and vibrant culture. Activities included exploring local landmarks, tasting authentic Malaysian cuisine, and interacting with local communities. These experiences added a new dimension to their global outlook, enhancing their cultural sensitivity and adaptability.

Ms. Poonam Sharma, Chairman, Accurate Institute, commented, “This initiative represents our commitment to providing global exposure to our students, enabling them to develop a competitive edge and adaptability in an ever-evolving business environment.”

The students will return with enriched knowledge, global networks, and memories of an impactful international experience, ready to implement their learnings in future endeavors.

WEBSITE: www.accurate.in

Medkart Introduces India’s First Room-Temperature Stable Nicorandil Tablets, Enhancing Accessibility to Cardiac Care

In a country where cardiac care costs continue to burden millions, Medkart introduces a game-changing innovation: India’s first room-temperature stable generic Nicorandil tablets-making heart medication more accessible, affordable, and logistically convenient.

Medkart, a leading generic medicine platform in India, proudly announces the launch of the nations most in-demand Nicorandil tablets which remain stable at room temperature. This innovation eliminates the need for cold-chain storage, reducing logistical challenges and making the medication more accessible and affordable for patients across diverse regions. The product is now available at all Medkart outlets.

Refrigeration Not Required-India’s First Room-Temperature Nicorandil is here

Addressing Storage Challenges in Cardiac Medications
Nicorandil is widely prescribed for the treatment of chronic stable angina. Due to its sensitivity to temperature and humidity, its storage has traditionally required stringent cold-chain logistics. This requirement often poses significant challenges, especially in rural and semi-urban areas where maintaining cold-chain infrastructure is difficult.

Enhancing Affordability and Accessibility
Medkarts room-temperature stable Nicorandil tablets are manufactured under WHO-GMP-certified facilities, ensuring high-quality standards. By eliminating the need for refrigeration, the company significantly reduces distribution costs, allowing the medication to be priced up to 80% lower than its branded counterparts.

“Our room-stable Nicorandil is more than a product-it’s an answer to India’s cold chain problem in heart care,” said Ankur Agarwal, Co-founder of Medkart. “Were proving that innovation doesnt have to be expensive-it has to be relevant.”

Dr Ramesh Mehta, a senior cardiologist based in Ahmedabad, added, “Ensuring that a cardiac drug like Nicorandil remains effective without refrigeration is a major step forward, particularly for patients in remote regions. We’ve long seen efficacy compromised due to storage issues. This advancement will save lives and improve treatment consistency.”

Tackling the Cardiovascular Disease Burden
Cardiovascular diseases (CVDs) are a leading cause of mortality in India. According to the Global Burden of Disease Study, heart disease is the leading cause of death among women in India, accounting for almost 18% of all female deaths. Medkart’s launch addresses both cost and accessibility in one formulation.

Product Availability
Medkart’s room-stable Nicorandil tablets are now available at over 35000+ pincodes and online at www.medkart.in.

To illustrate the cost difference between branded and Medkarts generic versions of Nicorandil tablets, here’s a comparative snapshot based on real-time Medkart data:

Product Type

Strength

Branded Price Per Tab (Rs.)

Medkart Price Per Tab (Rs.)

Savings (Rs.)

Savings (%)

Nicorandil 10 MG Tablet

10 mg

Rs. 26.95

Rs. 5.2

Rs. 21.75

80.72%

Nicorandil 5 MG Tablet

5 mg

Rs. 16.5

Rs. 3.1

Rs. 13.4

81.21%

*Prices are based on current Medkart data. Actual savings may vary.

About Medkart
Founded in 2014, Medkart is committed to making affordable healthcare accessible to all-especially for chronic conditions like heart disease, diabetes, and hypertension where long-term medication is critical. With a growing network of over 100+ retail outlets across India and a seamless online platform, Medkart empowers people to compare medicine prices, access WHO-GMP-certified generics, and receive reliable guidance from trained pharmacists.

Having served over 11 lakh families and facilitated savings of more than Rs. 600 crore to date, Medkart leverages a tech-first approach through tools like dosage comparison, molecule-based search, store locator, and in-app ordering. Grounded in transparency and trust, Medkart continues to redefine India’s pharmaceutical ecosystem by making quality treatment affordable for all.