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TVS Motor Company Establishes Global Centre of Excellence for Design & Engineering with Acquisition of Engines Engineering S.p.A.

TVS Motor Company, a leading global manufacturer of two – and three-wheelers, today announced the establishment of its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy, reinforcing its long-term vision to deliver premium, future-ready mobility solutions across international markets.

Mr. Sudarshan Venu, Chairman, TVS Motor Company

As part of this initiative, TVS Motor has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive design and engineering powerhouse known for advanced prototyping, innovation in high-performance motorcycles, and deep experience in MotoGP racing. The acquisition reflects TVS Motor’s commitment to strengthening its design and engineering base to accelerate the creation of next-generation mobility platforms.

The CoE is designed as a concept-to-product innovation hub, seamlessly integrating Engines Engineering’s expertise with TVS Motor’s global R&D capabilities. By uniting diverse engineering teams and expanding access to global talent pools, the CoE will significantly enhance the company’s speed to market, product differentiation, and technological leadership.

In addition to bolstering TVS Motor’s premium and future-ready product pipeline, the CoE will also add new capabilities to Norton Motorcycles, the company’s iconic British marque, supporting its ambition to craft modern luxury motorcycles with cutting-edge performance and design.

Commenting on the development, Sudarshan Venu, Chairman, TVS Motor Company, said, “The establishment of the new Italian Global Centre of Excellence marks another milestone in strengthening our capabilities and accelerating our journey to reimagine mobility. By combining the creativity and racing expertise of Engines Engineering with our engineering and design strengths, we are expanding our ability to deliver premium, connected, and electric vehicles that set new global benchmarks. Importantly, this Centre of Excellence further augments Norton’s capabilities, enabling it to advance its craft of exceptional high-performance motorcycles that not only honour its iconic legacy but also elevate its future ambitions.”

Key focus areas of the CoE include:

  • Design Leadership and Engineering Excellence: Advancing capabilities in digital simulation, rapid prototyping, and modular platform development to set new benchmarks in performance and reliability.

  • Future Mobility Technologies: Accelerating adoption of AI-driven design tools, advanced material applications, and digital integration to deliver vehicles that are connected, sustainable, and intuitive to use.

  • Global Talent & Collaboration: Creating a magnet for world-class talent while building an ecosystem that engages universities, startups, technology leaders, and suppliers worldwide to co-develop disruptive solutions and foster innovation at scale.

With this initiative, TVS Motor will be able to reduce product development cycles, enhance design flexibility, and expand its premium portfolio, including high-displacement motorcycles, advanced scooters, and new electric mobility platforms. The expanded engineering depth will also strengthen Norton’s pipeline of high-performance motorcycles, enabling it to further solidify its position as a modern luxury brand.

This approach aligns with the company’s broader aspiration to improve the quality of life for people globally through compelling, sustainable mobility solutions.

About TVS Motor Company

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D.Power IQS & APEAL surveys and J.D.Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiary in the personal e-mobility space, TVS Ebike Company AG, has a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

VinFast India Partners with Central Bank of India to Expand EV Financing

VinFast Auto India, a subsidiary of global EV brand VinFast, has signed a Memorandum of Understanding (MoU) with Central Bank of India (CBI), one of the nations largest banks, to provide retail car financing through its exclusive dealer network. The agreement aims to offer a seamless suite of credit solutions.

The MoU was formally signed by Mr. Pham Sanh Chau and Mr. Vivek Kumar, General Manager – Retail Assets Department, Central Bank of India

Under the agreement, customers will enjoy tailored financing solutions, including attractive interest rates, flexible repayment options, zero processing charges, exclusive offers and priority services-applicable across VinFast’s entire product portfolio. Dedicated CBI representatives will be available at all VinFast showrooms to provide on-site support, making EV ownership more accessible and convenient for a wider range of Indian consumers.

By leveraging Central Bank of India’s vast network of 4,552 branches and over 21,000 touchpoints nationwide, VinFast aims to extend its reach into both urban centers and emerging markets. This partnership aligns with VinFast’s broader mission to accelerate the adoption of sustainable mobility solutions in India-one of the fastest-growing EV markets globally.

This agreement underscores VinFast’s commitment to simplifying the path to electric mobility for Indian consumers. Through competitive financing options and seamless support, VinFast seeks to enable more customers to experience its EVs at a time when electric mobility is rapidly expanding and becoming an integral part of the nation’s transportation future.

The MoU was formally signed by Mr. Pham Sanh Chau and Mr. Vivek Kumar, General Manager – Retail Assets Department, Central Bank of India, in the esteemed presence of Central Bank of India’s Executive Directors: Mr. Vivek Wahi, Mr. M V Murali Krishna, and Mr. Mahendra Dohare.

Mr. Pham Sanh Chau, CEO of VinFast Asia, said, “Our collaboration with the Central Bank of India, the one of nation’s largest and most trusted nationalised bank, is a significant step in building a strong foundation for VinFast’s growth in India. Central Bank of India’s unmatched reach and credibility, combined with our premium electric vehicle portfolio, will make VinFast vehicles more accessible to customers across urban and rural markets. This partnership will not only offer convenient and competitive financing solutions, but also extend the brand’s presence to a broader audience, enabling a seamless and holistic EV ownership journey”

Shri Vivek Wahi, Executive Director, Central Bank of India, said, “As India marches towards Net Zero Emission vision, clean energy and innovative finance will be one of the driving forces towards the Net Zero Emission. Our alliance with VinFast reinforces our commitment to environmental-friendly clean energy initiative leading to expansion of eco-friendly Electric Cars. The Bank is expanding fast in cleaner energy initiative with an overall green portfolio of Rs. 4,200 crore as of June 2025. As of August 2025, we have mobilized over Rs. 295 crore under our Green Deposit segment and plan to extend Rs. 1,600 crore in green finance during FY 2025-26. This alliance is a step ahead to the cleaner India dreams”

As VinFast launches its VF 6 and VF 7 models, this agreement highlights the company’s ongoing efforts to establish a strong and customer-focused footprint in India. VinFast has also recently inaugurated its EV assembly plant in Tamil Nadu, marking a significant milestone in its long-term growth strategy.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.

Learn more at: vinfastauto.in

About Central Bank of India

Founded in 1911, Central Bank of India was the first Indian commercial bank wholly owned and managed by Indians, earning its reputation as a truly Swadeshi Bank. As of June 30, 2025, the Bank operates 4,552 branches, 4,115 ATMs, and over 12,300 BC Points, with a strong presence in rural and semi-urban areas. As of June 30th, 2025, the Bank’s total business stands at Rs. 704,485 crore, with a deposit base of Rs.4,28,890 crore, advances of Rs. 2,75,595 crore and a CASA ratio of 46.88%.

Over 5,000 Students Benefit from Scholarships at Vels University

VELS Institute of Science, Technology & Advanced Studies (VISTAS) – NAAC A++ Category-I Deemed-to-be University, celebrated Vels Success Day 2024-25 with the distribution of scholarships worth Rs. 12.8 Crores benefiting 5,362 students across courses like Engineering, Pharmacy, Law, Maritime Studies, Aviation and many more.

Students receiving scholarship certificates from Dr. Ishari K. Ganesh, Founder-Chancellor, and Dr. Preethaa Ganesh, Vice President, VELS Group of Institutions, during Vels Success Day 2024-25

In addition, the Vels University extended full tuition fee reimbursements to 1,915 students under State and Central Government Scholarship schemes.

The Vels University scholarships includes Chancellor Scholarships, Alumni Scholarships, Merit Scholarships, Sports Scholarships, First-Generation Graduate Scholarships, V-SAT Scholarships, Ex-Servicemen Scholarships, Government School Students Scholarships, and Women Scholarships for professional courses, reflecting its commitment to supporting students from diverse backgrounds and ensuring financial constraints do not hinder academic excellence.

During the event, students were felicitated with certificates in recognition of their academic excellence, celebrating their achievements and inspiring them to maintain their pursuit of excellence.

The event was presided over by Dr. Ishari K. Ganesh, Founder-Chancellor of VISTAS, in the esteemed presence of Dr. Preethaa Ganesh, Vice President, VELS Group of Institutions. Addressing the gathering, Dr. Preethaa Ganesh described the day as a tribute to the academic achievements of students and urged them to make excellence a habit by carrying discipline, hard work, and integrity throughout their lives. She noted the steady growth in the number of scholarship recipients every year and encouraged students to aim higher, reminding them that “excellence is a continuous process.”

Founder-Chancellor Dr. Ishari K. Ganesh, in his address, expressed his vision to see the number of scholarship recipients double in the coming year. He pledged that he would be more than happy to extend scholarships to all 18,000 students of the University if they excel in their respective fields, affirming that he loves to invest in bright minds and urging students to be all-rounders in every sphere of life. He further acknowledged that Dr. Preethaa Ganesh has been the driving force behind transformative initiatives like Vels Success Day, which celebrates achievers and inspires students across the University.

About VELS University

Vels University continues to be recognised as one of the best deemed-to-be universities in Chennai. Established as a deemed-to-be University in 2008 by the Ministry of Human Resource Development, Government of India, VISTAS is home to over 18,000 students and 1,100 faculty members, offering more than 100 programs across diverse disciplines of UG and PG courses including Medicine, Engineering, Law, Pharmacy, Nursing, Commerce, Maritime Studies, and Agriculture. The University is recognised by UGC, AICTE, NMC, INC, PCI, BCI, DGS, and NCTE, holds NAAC A++ accreditation, enjoys UGC 12(B) status, and has 11 NBA-accredited programs. Notably, the UGC has graded VISTAS as a Category-I Deemed-to-be University, highlighting its academic and institutional excellence. In the 2024 NIRF rankings, VELS University was placed in the 101-150 band overall, with its Pharmacy discipline ranked 61st.

For more details please visit www.vistas.ac.in

Huawei Unveils Vision for Submarine-Terrestrial Synergy, Optical-Intelligent Orchestration

Huawei introduced its vision for Submarine-Terrestrial Synergy, Optical-Intelligent Orchestration. Making its debut at the premiere submarine communications gathering, Submarine Networks World 2025 in Singapore, the company showcased an innovative solution and flagship products designed to enable integration and efficient synergy between submarine and terrestrial networks.

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Huawei’s exhibition booth at Submarine Networks World 2025 in Singapore

Huaweis strategy aims to transcend the traditional siloed approach to submarine and terrestrial networks construction, where resources are isolated and interoperability is limited. By enabling cross-domain visualized management of network resources, cross-domain coordinated scheduling and protection of services, and intelligent O&M, Huaweis approach efficiently delivers communications services with ultra-high bandwidth, high reliability, and agility.

Huawei showcased the industrys first DC-oriented 100T submarine-terrestrial integrated platform, the OptiX OSN 9800 K series. Engineered to meet the growing demand for massive cross-domain data transmission, the platform offers:

  1. Integrated architecture: One unified platform for submarine and terrestrial networks.

  2. Ultra-large capacity: Service processing capabilities of 4T per slot, up to 100T+ per chassis, and 96T per fiber

  3. Ultra-high energy efficiency: High integration reduces per-bit power consumption to 0.1 W/Gbit, 65% lower than the industry average.

  4. Ultra-strong intelligence: Supporting intelligent O&M through digital twins, replacing reactive responses with proactive operations and boosting efficiency by 40%.

In addition, Huawei presented its latest 1.6T board designed for submarine SLTE, featuring adjustable rates from 300G to 1.6T and transmission distances up to 11,000 km, further improving the capacity and performance of submarine network.

Gavin Gu, President of Huaweis Optical Transmission Domain, said, “Huawei plans to build an integrated submarine-terrestrial network architecture featuring ultra-broadband, high reliability, agile and intelligence, so as to enable seamless transmission while significantly enhancing network O&M efficiency and service quality through intelligence.”

As global digitalization and intelligent transformation accelerate, the world continues to see rising demands for submarine network, as a key part of the global communications network. With 30 years of experience in optical transmission domain and strong innovation capabilities, Huawei is poised to inject fresh momentum into the submarine networks industry.

Fynd Enters GCC to Power the Region’s Next Wave of Retail Innovation

  • Fynd opens its first international office in the GCC, establishing its Middle East presence and taking homegrown tech global

  • Fynd will accelerate the region’s transition to AI-native, unified commerce

  • Expansion is part of a broader global rollout across the GCC, Africa, and Southeast Asia

Fynd, India’s leading AI retail technology company, today announced its entry into the Gulf Cooperation Council (GCC) region, establishing a regional headquarters and operational hub in the Middle East. This marks a major milestone in Fynd’s international journey and positions it as one of the first India-born unified commerce companies to go global.

With its expansion into the GCC, Fynd aims to unlock omnichannel growth for ambitious retail brands operating across the region. The company’s modular, cloud-based platform unifies online, in-store, and backend operations – enabling faster digital transformation for retailers navigating rising consumer expectations and operational complexity.

To support regional deployment, Fynd has partnered with Yavi Technologies, which will lead GCC operations, including local compliance, invoicing, and 24/7 merchant support. The company’s unified commerce platform is built to adapt to regional nuances – with Arabic and English storefronts, localized tax configurations, and native support for GCC-specific compliance frameworks such as ZATCA e-invoicing.

Farooq Adam, Founder, Fynd

“GCC is undergoing a profound digital transformation, fueled by ambitious national visions like Saudi Arabia’s Vision 2030 and Dubai’s AI Vision 2031. These shifts align perfectly with Fynd’s mission to help retailers eliminate legacy silos and leapfrog into AI-native, unified autonomous commerce,” said Farooq Adam, Founder of Fynd. “We’re proud to bring our platform to, enabling both global and regional brands to simplify operations and elevate customer journeys.”

Fynd’s unified commerce stack includes OMS, POS, WMS, PIM, TMS, Storefront, and GenAI-powered retail tools – all pre-integrated for faster deployment and lower total cost of ownership. Backed by Reliance Industries, Fynd powers over 300+ brands, including Puma, Coach, and Kate Spade.

We are already working with leading retailers in Dubai, Riyadh, Doha, and other major GCC markets, across fashion, consumer electronics, grocery, and department stores. Fynd’s growth strategy includes onboarding a regional partner network of commerce agencies and system integrators to accelerate adoption at scale.

Ronak Modi, Chief Business Officer (Global), Fynd

“We see the GCC as one of the fastest-growing retail markets globally, where digital adoption and high consumer spending are reshaping commerce. With shoppers moving seamlessly between online and offline channels, retailers in the GCC are demanding unified commerce solutions to deliver consistent experiences across stores, marketplaces, and e-commerce,” said Ronak Modi, Chief Business Officer (Global) at Fynd. “Supported by pro-business government initiatives like Saudi Vision 2030 and the UAE’s push for digital transformation, the GCC offers a unique opportunity for Fynd to scale its AI-driven unified commerce platform, helping global and regional brands bridge physical and digital retail in a market that thrives on innovation and luxury.”

With this expansion, Fynd is not only growing its international footprint – it is demonstrating how Indian innovation can power the next wave of retail transformation across high-growth economies worldwide.

About Fynd
Fynd is an AI-native retail technology company headquartered in Mumbai, India. It serves over 20,000+ stores and 300+ enterprise retailers, offering a modular commerce stack that unifies in-store, online, and logistics operations. Backed by Reliance Retail Ventures Limited, Fynd is expanding across the GCC, Africa, and Southeast Asia to power next-generation retail experiences.

For more information, visit www.fynd.com.

Sarala Birla University to Host Eastern India’s First Center of Excellence for Immersive Nursing Experience in Partnership with MediSim VR

In a decisive step to reimagine healthcare education, Mahadevi Birla Institute of Nursing and Clinical Technology at Sarala Birla University (SBU), Ranchi, will host Eastern India’s first Center of Excellence for Immersive Nursing Experience in partnership with MediSim VR. The Centre-to be set up on SBU’s campus-will act as a pioneering hub for integrating Artificial Intelligence (AI) and Virtual Reality (VR) into nursing education, shaping a new generation of globally competitive healthcare professionals.

Sarala Birla University to Host Eastern India’s First Center of Excellence for Immersive Nursing Experience in Partnership with MediSim VR

The announcement follows a breakthrough seminar conducted by MediSim VR at Sarala Birla University, where the Vice Chancellor, nursing leadership, faculty, and students experienced first-hand how immersive technologies are redefining the future of healthcare training. The university’s leadership responded with overwhelming support and will be signing the Memorandum of Understanding (MoU) to establish the Centre at SBU.

The Center of Excellence at Sarala Birla University will serve as a state-first and region-first VR hub, equipping nursing students with simulation-based training that enhances clinical competence within a short period of usage of this AI-VR, improves decision-making skills, and helps them interact with virtual patients in the right manner. This initiative of SBU will contribute to accelerating the transformational vision of the National Education Policy (NEP) 2020, which emphasises the integration of frontier technologies to build world-class, future-ready learning ecosystems.

Prof. (Dr.) Jeganathan Chockalingam, Vice Chancellor, Sarala Birla University, said, “Sarala Birla University is proud to initiate measures towards establishing Eastern India’s first Center of Excellence for Immersive Nursing Experience in partnership with MediSim VR. This initiative directly reflects NEP 2020’s progressive vision and places our students at the forefront of healthcare innovation. By embracing AI and VR with MediSim VR’s expertise, we are not just enhancing learning-we are shaping the future of healthcare towards a developed India. This Centre will be a model that other institutions across India and beyond can emulate.”

Sabarish Chandrasekaran, Co-founder and CEO, MediSim VR, said, “This partnership with Sarala Birla University is not just a regional milestone-it’s a national statement on the future of healthcare education. By embedding AI and VR in nursing training, we are closing skill gaps, advancing experiential learning, and building resilient healthcare systems. India, through initiatives like this, is signalling its intent to lead the world in technology-driven healthcare education and workforce transformation.”

The Center of Excellence at SBU is envisioned as a scalable model for India, with MediSim VR and the university committed to replicating similar centres across other regions. By embedding immersive technologies at the institutional level, India is accelerating its shift towards experiential, technology-enabled healthcare education and consolidating its position as a global leader in healthcare innovation.

Huawei Releases Global Digitalization and Intelligence Index Report for the Power Industry to Boost Electric Power Intelligence

At the Huawei Global Electric Power Summit held during HUAWEI CONNECT 2025, Huawei released the Global Digitalization and Intelligence Index (GDII) Report for the Power Industry. This report aims to provide quantitative evaluation tools and strategic guidance in the construction of future power systems for global power companies as they go digital.

Jo Cops, Chairman of the International Electrotechnical Commission (IEC), stated in his opening speech that with the widespread adoption of PV systems, electric vehicle charging piles, and microgrids, real-time operational monitoring of low-voltage grids has become crucial for ensuring the stability of power systems.

David Sun, CEO of Huaweis Electric Power Digitalization BU

David Sun, CEO of Huaweis Electric Power Digitalization BU, emphasized in his speech that digital and intelligent enablement is vital to addressing the uncertainties of the future power system. AI has been elevated from an “efficiency tool” to a “survival essential.”

Driven by the target communication network architecture and guided by the principles of “intelligent and robust main network, medium-voltage integration, low-voltage transparency, high speed and security, and space-ground integration,” Huawei has constructed a multi-layered technical system based on “scenario applications + cloud-pipe-edge-device synergy.” The system aims to provide power companies with intelligent solutions covering all scenarios of power generation, transmission, distribution, and consumption, so they can achieve digital transformation and sustainable development.

The 2025 Global Electric Power Showcase

At the summit, Huawei and State Grid Shaanxi jointly released the 2025 Global Electric Power Showcase. In Shaanxi, through joint innovation and large-scale verification, the two companies achieved transparency in low-voltage 400V transformer districts, delivering real-time perception, centralized management and regulation, and quick response for the management of low-voltage distributed new energy.

Charles Tlouane, COO of City Power from South Africa, and Simon Dezs, Deputy CEO of Hungarys MAVIR, also shared their challenges and first-hand experiences as their companies went digital.

Looking to the future, Huawei will continue to inject intelligence into core electric power production scenarios with the aim of helping global power companies move towards smarter and more sustainable future.

Learn more e.huawei.com/en/industries/grid.

Flipkart introduces ‘Trust Shield’ Program for Consumers: a first-of-its-kind Initiative for Seamless Shopping and Post-purchase Experience

  • 30-day post-purchase support for accidental damage and liquid ingress from the date of delivery, in addition to the brand-assured warranty for manufacturing defects

  • Swift resolution, including instant claim initiation, resolution targeted within 2 working days, and full closure within 7 working days

  • Flipkart as the single point of contact, requiring no brand follow-ups or service runarounds

  • Free doorstep repair service, including pickup and drop-off if required

  • Hassle-free claim process with no documents needed for defective products, and only basic evidence required for accidental damage

  • App-based claim visibility enabling real-time updates and status tracking

  • Trust Shield visibility, the protection badge will be clearly shown in the order details page and reflected in the customer invoice for added transparency

Flipkart, India’s homegrown e-commerce marketplace, today announced the launch of Flipkart Trust Shield, an industry-first post-purchase protection program that places Flipkart as the sole point of contact for any product-related issues within 30 days of delivery. This industry-first initiative offers support for accidental damage and liquid ingress, in addition to brand-assured warranty for manufacturing defects across large appliances, mobiles, and select electronics. Flipkart Trust Shield ensures that customers interact only with Flipkart, from issue reporting to resolution.

This program ensures resolution within 2 working days and offers seamless in-app tracking spanning a wide range of products, including ACs, TVs, refrigerators, washing machines, microwaves, and so on. While all products continue to carry the brand-assured warranties as listed, the newly introduced Trust Shield program brings an added layer of reliability to the shopping experience. With 24/7 customer support and expedited issue resolution, consumers can now enjoy faster assistance and greater peace of mind, making every purchase more secure and satisfying.

Rakesh Krishnan, Vice President, Large Appliances at Flipkart, said, “As festive season is a much-awaited time to purchase products for millions of customers, we understand that the post-purchase experience is just as important as the buying moment. Flipkart Trust Shield is a reflection of our customer-centric innovations that make shopping seamless from discovery to purchase. While many platforms focus primarily on the point of sale, Flipkart is happy to extend its responsibility into the ownership phase, providing consumers with peace of mind, hassle-free resolutions, and real-time visibility. This is not just a festive launch; it’s a testament to Flipkart’s commitment to building trust and setting new standards for reliability in online retail.”

Unlike standard return and replacement policies that direct customers to coordinate with brands, Flipkart Trust Shield allows customers to raise tickets directly through the Flipkart app, offering real-time visibility of their claim status. This streamlined approach eliminates repeated follow-ups with multiple parties while ensuring timely resolution.

As Flipkart continues to enhance the online shopping journey, initiatives like Trust Shield demonstrate a deeper understanding of evolving consumer expectations, where value goes beyond price points. By integrating post-purchase care into its core offering, Flipkart is not only elevating the standard for customer experience but also strengthening its role as a trusted partner in every stage of the shopping journey.

About the Flipkart Group
The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and super.money.

Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in Indias digital commerce revolution. With a registered user base of more than 500 million, Flipkarts marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians.

For more information, please write to media@flipkart.com.

Xflow Launches Compliance Desk to Simplify Cross-Border Payment Compliance for Indian Exporters

Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments. With every foreign inward remittance involving bank-specific paperwork and regulatory steps, Compliance Desk centralizes and automates these workflows so exporters can focus on business growth instead of administrative overhead.

Anand Balaji, Co-Founder and CEO, Xflow

For Indian exporters, ensuring compliance with foreign inward remittances is time-consuming, fragmented across banks, and prone to errors. Compliance Desk standardizes the process across purpose codes, bank templates, and document formats, significantly reducing delays and back-and-forth with financial institutions.

The payment service operates through regulatorily compliant payment rails. Once the transaction is concluded, Xflow’s partner bank (an authorised dealer 1 bank) issues an official payment advice. This document, available on the exporter’s Xflow dashboard, supports the issuance of e-FIRCs, BRCs, or IRMs by the merchants’ respective banks. Where additional paperwork is required, Xflow automatically provides bank-specific forms to streamline processing and proactively assists the exporters.

Managing compliance is essential, but it often takes time and energy away from growth,” said Anand Balaji, Co-Founder and CEO of Xflow. “Every international payment comes with its own set of bank requirements, paperwork, and follow-ups. For exporters, this creates unnecessary delays and frustration, when their focus should be on building markets and serving customers. With Xflow’s Compliance Desk, we bring together our technology platform, regulatory expertise, and hands-on support to make the entire process seamless. Our goal is to give exporters the confidence that compliance is taken care of, while they concentrate on expanding their business globally.”

This initiative builds on Xflow’s recent FX AI Analyst launch, which helps businesses optimize treasury functions. Together, these solutions position Xflow as one of India’s most comprehensive platforms for exporters navigating global payments.

One of Xflow’s clients shared, “The Xflow team provided exceptional support at every step of the process. Thanks to their guidance, we were able to get our eFIRC issued smoothly by our bank, without any confusion. Our experience with Xflow has been exceptional while moving funds from the US to India.”

About Xflow

Xflow – a leading fintech offering cross-border payments for SMEs (ITES & Funded Startups). Designed to eliminate inefficiencies in international transactions, Xflow offers a seamless, transparent, and fully compliant payment experience for businesses of all sizes – from freelancers and startups to large-scale enterprises. The company is currently servicing over 12,000 businesses & has processed hundreds of millions of dollars.

Founded by Anand Balaji, Ashwin Bhatnagar and Abhijit Chandrasekaran, Xflow simplifies global money movement with innovative solutions that ensure effortless international transactions, efficient currency conversion, instant settlements, and full regulatory compliance. Headquartered in Bangalore, India, Xflow is backed by Lightspeed, Square Peg, General Catalyst, and Stripe, providing a strong financial foundation for long-term innovation.

Mobius Foundation Hosts Landmark Dialogue on ICJ Advisory Opinion on Climate Change

At a time when the world faces mounting climate emergencies, the Mobius Foundation convened a landmark dialogue on the International Court of Justice’s (ICJ) Advisory Opinion on Climate Change at Bharat Mandapam, New Delhi. The gathering brought together eminent jurists, senior advocates, academics, policymakers, journalists, and over 180 law and environmental science students to explore how international legal principles can be translated into domestic action.

Panellist at the Landmark Dialogue on ICJ Advisory Opinion on Climate Change hosted by Mobius Foundation

Opening the session, Hon’ble Justice Mr. Prakash Shrivastava, Chairperson of the National Green Tribunal, underscored the judiciary’s role in bridging national responsibility with global accountability. He stressed that climate change cannot be contained by borders, noting, “No state can claim its responsibility ends at the border of the state, because emissions have transborder effects.” His remarks set the tone for a conversation that highlighted how judicial institutions are uniquely placed to enforce environmental responsibility in an interconnected world.

Adding an international perspective, Hon’ble Chief Justice Antonio Herman Benjamin of Brazil’s Superior Tribunal de Justica addressed the audience through a video message. He emphasized that the ICJ advisory opinion marks a turning point in the global legal discourse on climate change, saying, “The most important impact of the ICJ Advisory Opinion is that it brings together, in a single document, everything that has been said in the cacophony of the world – in an organised, systematic format. I am certain it will illuminate the work of judges globally when we decide climate cases.” His words reflected the growing consensus that international law can no longer remain abstract but must serve as a framework for judicial action across borders.

The dialogue brought forward diverse perspectives from practitioners and thought leaders including Advocate Jatinder Cheema, Ms. Urmi Goswami (Senior Journalist, The Economic Times), and Professor Narinder Singh (Former Head of Legal & Treaties, Ministry of External Affairs, and Member of the International Law Commission). Their discussions touched on the enforceability of international climate obligations, the recognition of climate change as a human rights issue, and the urgent need to align global legal frameworks with national policies. Cheema in particular noted that the advisory opinion reflects the human cost of delay in climate action, while Goswami and Singh highlighted the challenges of translating international mandates into actionable domestic policies.

Reflecting on the global dimension of the crisis, Mr. Pradip Burman, Chairman of the Mobius Foundation, called for urgent and collective responsibility. “The world today faces an existential challenge – climate change. Coastal regions, where most human activity happens, will bear the heaviest burden,” he said, reminding the audience that those least responsible for emissions are often the most affected by their consequences.

The event’s audience was a vibrant mix of students, academics, policymakers, journalists, and civil society representatives who underscored the increasing recognition that climate change is not merely an environmental or economic challenge, but a pressing legal and ethical one. For the law students and young sustainability professionals in attendance, the dialogue offered both a glimpse of the immense responsibility that lies ahead and the tools to shape a more accountable global order.

The ICJ’s advisory opinion, while non-binding, is expected to influence the evolution of international law and national policymaking on climate change. As speakers reiterated, the document’s true impact will depend on how courts, governments, and institutions operationalize its principles. The discussions at Bharat Mandapam reflected optimism that India, with its robust judicial system and growing climate consciousness, could play a pivotal role in shaping the future of climate justice. By placing climate change squarely within the framework of international law, the dialogue highlighted a shift in how the world must confront the climate crisis – not only as a scientific or political issue, but as a matter of justice, equity, and shared human responsibility.

About the Mobius Foundation
The Mobius Foundation is a leading nonprofit organization working to promote environmental sustainability through education, advocacy, and collaborative action. Its initiatives focus on population stabilization, sustainable agriculture, and climate action, with a commitment to creating a healthier and more resilient planet for future generations.