All the parties have started preparations for the Delhi Assembly elections to be held next year. Aam Aadmi Party has also made many big announcements in the recent past.
Meanwhile, Aam Aadmi Party (AAP) supremo Arvind Kejriwal announced that registration for Delhi government’s ‘Mahila Samman Yojana’ will start from Monday. Kejriwal also claimed that registration for ‘Sanjeevani Yojana’ will also start from the same day.
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What is Mahila Samman Yojana
In the 2024-25 budget, the Delhi government had announced the ‘Mukhyamantri Mahila Samman Yojana’, under which all women above the age of 18 will be given Rs 1,000 per month. However, Kejriwal recently announced that if his party returns to power in the upcoming assembly elections, this amount will be increased to Rs 2,100.
Registration will start from today
Kejriwal said, ‘Registration for the scheme will start from Monday. Women do not need to go anywhere. Our workers will come to your home and complete the registration. There are many daughters whose college education stops after 12th due to financial crisis. With this amount of Rs 2,100, they will be able to continue their studies and get higher education.’
These documents will be required
Arvind Kejriwal said that the beneficiaries will have to show their voter ID. All eligible women voters in Delhi will get the benefit. Kejriwal said, ‘You do not need to stand in any queue or waste time. We will come to your door. AAP has formed thousands of teams in every area of Delhi. These teams will come to your house, register all the women in the house and give them registration cards (Kejriwal Kavach Card).’
Registration of Sanjeevani Yojana will also be done
Kejriwal also announced that registration for Sanjeevani Yojana will also start from Monday and AAP workers will register the elderly at their homes. Under this scheme, people above 60 years of age in Delhi will be able to get free treatment.
What did CM Atishi say
Delhi Chief Minister Atishi said on X, ‘I am confident that the ‘Mahila Samman Yojana’ will benefit about 35 to 40 lakh women. Similarly, I estimate that the ‘Sanjeevani Yojana’ will benefit about 10 to 15 lakh senior citizens. This is a big step, and I appeal to everyone to take full advantage of these schemes.’
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National Company Law Appellate Tribunal (NCLAT) has given the green light to Sapphire Media’s acquisition of Big 92.7 FM, the country’s largest radio network. This decision marks a pivotal moment in the domestic media landscape, paving the way for Sapphire Media’s aggressive expansion plans. Big 92.7 FM, owned by Reliance Broadcast Network Limited, boasts an impressive reach, with 58 stations spanning over 1,200 towns and more than 50,000 villages.
The acquisition by Sapphire Media, a company promoted by Aditya Vashistha and Kaithal-based businessman Sahil Mangla, is expected to significantly bolster its presence in the media space. Sapphire Media also operates a national Hindi news channel, India Daily, and is a significant player in the outdoor advertising arena. The NCLAT’s principal bench dismissed the plea filed by Radio Mirchi, Orange FM, and others against the National Company Law Tribunal (NCLT) judgement, which had previously approved Sapphire Media’s resolution plan for Big 92.7 FM.
The bench, comprising Chairperson Justice Ashok Bhushan and (Technical) Member, Barun Mitra, found no grounds to interfere with the NCLT’s order dated May 6, 2024. The bench stated, After considering the submissions, we find no grounds to interfere with the NCLT’s order dated May 6, 2024, and consequently, the appeals are dismissed. They further added, In view of the foregoing discussions and conclusions, we do not find any ground to interfere in the order of NCLT dated 06.05.2024 impugned in the above Appeals. In result, all the Appeals are dismissed.
MOUTHSHUT.com
The tribunal upheld the order of the Mumbai bench of the NCLAT, which had approved Sapphire Media’s resolution plan for Big FM on May 6, 2024. This order was challenged by applicants including Abhijit Realtors and Infraventure and Creative Channel Advertising and Marketing, who filed a batch of five appeals before the tribunal.
The NCLAT confirmed that the challenge mechanism and negotiations conducted by the Resolution Professional complied with Corporate Insolvency Resolution Process (CIRP) Regulations and the Process Note. A base price of ₹240 crore was set for the challenge process, with Sapphire Media emerging as the highest bidder at ₹251 crore in the third round. After negotiations, Sapphire Media revised its bid to ₹261 crore, surpassing competing bids from the Consortium of Abhijit Realtors & Infraventure and ENIL (₹248 crore) and Creative Channel Advertising & Marketing (₹240 crore).
This acquisition is reminiscent of similar historical events in the media industry where major players have expanded their reach through strategic acquisitions. For instance, in 2013, Reliance Industries Limited acquired Network18 Media & Investments Limited, including its subsidiary TV18 Broadcast Limited. This move significantly expanded Reliance’s presence in the media and entertainment industry.
In a recent interview with CRN India, Rohit Midha, Executive Director, Enterprise Business, Lenovo India, shares the significant growth in Lenovo’s enterprise business and the rise of AI PCs. Midha emphasises that AI PCs are increasingly becoming a crucial part of IT strategies, with 80% of CIOs expressing interest in adopting AI-driven technologies. Lenovo’s holistic approach, encompassing devices, infrastructure, and solutions, sets it apart from competitors. He also reaffirms their channel-centric model and commitment to helping partners evolve from box movers to value-added solution providers, backed by a billion-dollar investment in AI innovation globally.
With the emergence of AI PCs, how has the enterprise business grown over the past few years? The enterprise business has been growing steadily, especially since the pandemic. Looking ahead to the current and next financial years, three key factors are driving this growth. First, the transition from Windows 10 to Windows 11 is critical, as Windows 10 support ends in October 2025, prompting businesses to upgrade. Some devices will require a refresh due to compatibility issues. Second, the demand spike from 2020-21, during the pandemic, is returning as the typical three-to-four-year device lifecycle comes full circle. Lastly, AI PCs are emerging as a significant market driver, marking an inflection point in enterprise growth.
So do you have any numbers to share about the growth? According to IDC data, the market has grown by nearly 28% when comparing Q4 of last year to Q4 of this year.
How is the demand for AI PCs? AI is a hot topic right now, and it’s something you can’t ignore. Different organisations are at various stages of their AI journey. A lot of what you’ll see in terms of end products will be persona-based. It won’t be a one-size-fits-all solution for the entire employee base. There’s a lot of activity happening—when we talk to CIOs every day, we clearly see the action. Proof of concepts (POCs) are in progress to determine what AI use cases will apply to different personas within the organisation.
So, the demand for AI PCs is definitely there, and it’s about future-proofing your fleet. While you may not see the immediate demand now, by December 2024, the relevance of AI use cases will only increase across all organisations. In fact, 80% of the CIOs we talk to globally, as part of a survey we’ve conducted, are emphasising that AI is becoming an integral part of their IT strategy. As a result, it’s crucial to future-proof your devices—you can’t afford to have systems that aren’t AI-compatible.
Since you mentioned that a survey found 80% of CIOs in favour of AI PCs, what common challenges have they identified? AI is poised to be relevant for everyone, but the application and impact will vary across different industries and use cases. Each industry vertical will have its own distinct AI use cases. Within organisations, we also see variations based on personas, where the role of AI will differ depending on individual needs. What we envision is a hybrid AI environment for everyone. This means AI will have personal, professional, and public dimensions.
So, while the world is clearly moving towards a hybrid AI model, I wouldn’t call it a challenge per se. Any transition involves some degree of adjustment, but I don’t believe it will be difficult. There is significant investment being made to help our customers navigate this change smoothly. We are actively working with ecosystem partners like Nvidia, Qualcomm, and AMD to ensure that the shift is as seamless as possible. It’s more of a journey, and it’s a journey we will go through together.
What sets you apart from other OEMs and competitors in the market? What would you consider your USP? That’s a simple question. So, with due respect to everyone, we are clearly the only OEM that operates across the entire technology stack. Whether it’s a 6-inch device or a 30-inch monitor, we cover it all. We have the infrastructure, solutions, and services in place. When you bring all three together, that’s exactly what customers are looking for. They don’t want to deal with multiple partners for different components of the puzzle; they need one partner who can be the OEM. That makes everything much easier for them. We have that advantage because others don’t offer what we do.
Now, speaking about our partners—what percentage of our business is partner-focused? We’ve always been a channel-centric organisation, and we’ve been consistent over the years. As far as I know, around 70% of our business is through partners, though that number could even be higher. You can always confirm the specifics, but that’s the general figure
How do you see the roles of partners evolving from being just box movers to value-added solution providers? Also, in what fields should they invest to align with your goals? I think the days when enterprise customers were only interested in buying devices are gone. Now, they are looking for devices along with end-to-end solutions to achieve their business outcomes. And whatever Lenovo has accomplished over the years, we have done it in partnership with our channel partners. So, while we engage with our customers about the possibilities of AI, we are also working with our partners. We have programs in place to help them upskill in AI, as well as in our solutions and services portfolio, making them an integral part of our go-to-market strategy.
So what next we can expect from Lenovo? We’ve been evolving at a very rapid pace, and you can expect to see a solid AI portfolio across devices, infrastructure, and solutions. You’re already seeing this now, and it’s only going to become bolder and more prominent. In fact, we’ve committed a billion-dollar investment over the next three years specifically for AI innovation globally.
Do you have any specific products that you’re planning to launch exclusively for the Indian market? No, we don’t have any products planned exclusively for the Indian market. However, we do offer customisation options. For some of our products, if you visit our website, you can customise them according to your preferences. For example, you can select a specific screen or other features based on what you need. Different products offer different types of customisation, and that’s available on our website. This approach is not exclusive to India; it’s a global strategy with local customisation possibilities.
Mumbai, December 24, 2024: Lodha Genius Programme, the flagship education initiative of the recently endowed Lodha Foundation, in partnership with Ashoka University, calls for applications from the brightest minds from Grades 9 – 12[1] to join its fully funded multi-year educational programme. The application window is open from December 01, 2024 to January 15, 2025. This announcement comes close on the heels of the recent endowment to the Lodha Foundation by Abhishek Lodha and his family.
The Lodha Genius Programme is a multi-year initiative that includes an annual four-week campus experience at Ashoka University, paired with year-round continued learning. It is designed to complement all major examination boards, helping students deepen their studies and explore various career paths in their chosen fields. The programme offers a unique combination of immersive science and mathematics courses, practical life skills, continuous mentorship, and exclusive internship opportunities. The programme identifies and supports students from middle school through to their first job, collaborating with distinguished academics, including Nobel Laureates. It also provides scholarship opportunities for select students to study in the US or attend prestigious international STEM events.
Commenting on the Programme, Mahika Shishodia, Head of Education, Lodha Foundation, said, “The Lodha Genius Programme is the flagship education initiative of the newly endowed Lodha Foundation. The focus of the Programme is to enhance the quality of education, especially for gifted children, irrespective of income background, from all over India. The children are assessed through an entrance exam that focuses on scientific reasoning, mathematics, and logic, rather than a specific curriculum. We then select students based on their problem-solving abilities and conduct interviews to identify the brightest minds—whom we define as ‘geniuses’. In its third year, the programme will offer these geniuses access to people, opportunities and ideas that will help propel them forward. The Lodha Genius Programme aims to shape tomorrow’s changemakers, leaders and philanthropists; children who will lead India towards a sustainable future and give back to the nation and society.
“The Lodha Genius Programme represents a groundbreaking initiative that combines the best of rigorous academic learning, mentorship, and real-world exposure. We are proud to collaborate with the Lodha Foundation in nurturing exceptional young talent and to take this initiative further this year, making meaningful contributions to the education industry and society. Since last year, we have witnessed extensive participation from India’s exceptional students. This partnership underscores our shared commitment to shaping India’s future through education,” Somak Raychaudhury, Vice Chancellor, Ashoka University said.
Prof. K. VijayRaghvan, Chair, Science Advisory Council, Ashoka University commented “The Lodha Genius Programme is a comprehensive and innovative educational initiative that goes far beyond a typical summer program. In addition to an engaging summer experience at Ashoka, it offers year-round immersive learning, mentorship, and development opportunities. The collaboration between Ashoka University and the Lodha Foundation is a testament to our shared commitment to empowering India’s future leaders and changemakers through education.”
The entire course and its initiatives are fully funded by Lodha Foundation with zero financial liability on the students, their parents or their schools.
To ensure that Geniuses across the country have the opportunity to participate, the Lodha Foundation launched a digital campaign – ‘What Unlocks your Genius?’ – targeted at parents, students, schools, and educators (coaches, trainers etc) as well as government education boards. The campaign film offers a glimpse of the unique programme and can be watched on YouTube and Instagram and focuses on the key message: What Unlocks Your Genius? > People, Opportunities and Ideas.
PROGRAMME SNAPSHOT
Eligibility: Exceptional science and mathematics students in Grades 9 – 12 (as of May 2025).
Location: Annual campus experience at Ashoka University, Sonipat, with Continued Learning online and offline.
Key Dates: Applications open December 01, 2024, till January 15, 2025 | Campus Experience mid-May to mid-June 2025.
Fees: Fully funded programme covering all student costs for the duration of the programme.
Learning Outcomes: Push the boundaries of science and mathematics with immersive, interdisciplinary learning.
Annual leasing volume in India’s logistics and industrial space to exceed 50 MSF in 2024IANS
Annual leasing volume in the logistics and industrial real estate space in India is likely to exceed 50 million square feet (MSF) for the third year in a row, and this strong momentum is likely to prevail in the coming year too, according to a report on Tuesday.
As of October, the leasing volume had already surpassed 41 MSF across the top eight real estate markets, according to a Cushman & Wakefield report.
Ever since the production-linked incentive (PLI) scheme was introduced by the government in 2020, the industrial leasing volume witnessed healthy growth.
Besides, the strong emergence of retail and e-commerce has led to intense activity in the warehousing space too.
“For 2025, we foresee the new-normal level of demand to sustain given the widening of the consumption base in India alongside robust industrial activity witnessed in recent years. India is also a beneficiary of the China+1 diversification strategy followed by global manufacturing firms,” the report mentioned.
Cities such as Pune, Chennai and Bengaluru have seen healthy leasing volumes in recent yearsAlter Finance
Surge in the engineering and manufacturing sector growth, strengthening third-party logistics (3PL) operators and retail industry are primary drivers of demand for the logistics and industrial space in recent years, and these factors will continue to remain key drivers for 2025 as well.
Cities such as Pune, Chennai and Bengaluru have seen healthy leasing volumes in recent years, while other cities exhibit a positive outlook, said the report.
“We anticipate the demand for logistics and industrial spaces to remain robust in 2025, supported by India’s expanding retail consumption base and continued manufacturing growth,” said Abhishek Bhutani, Managing Director, Logistics and Industrial and Ahmedabad, Cushman & Wakefield.
Additionally, “we anticipate 25 million square feet of Grade-A warehousing supply to hit the market over the next 2-3 years, concentrated in West and South India with major projects in Mumbai, Pune, Chennai and Bengaluru,” he mentioned.
An anti-graft panel in Bangladesh has launched an investigation against former Prime Minister Sheikh Hasina and her family in connection with the allegations of embezzling USD 5 billion in the Rooppur nuclear power plant, according to a media report.
Former Bangladesh Prime Minister Sheikh Hasina. Photo courtesy: X/@StayWithHasina
Indian companies are participating in constructing the Rooppur nuclear power plant which is being built by Rosatom, Russia’s state-run corporation, in Bangladesh.
The first Bangladeshi nuclear power plant, the Russian-designed Rooppur, is being built 160 km west of the Bangladeshi capital of Dhaka.
Along with Hasina, her son, Sajeeb Wazed Joy, and Tulip Siddiq, her niece and the UK’s Treasury minister, were also named, BDNews reported on Sunday.
There are accusations of embezzling USD 5 billion in the Rooppur Nuclear Power Plant project, the report added.
The development came two days after the High Court issued a rule asking why the Anti-Corruption Commission’s (ACC) inaction over an alleged transfer of USD 5 billion from the Rooppur Nuclear Power Plant project to a Malaysian bank by Hasina, Joy, and Tulip should not be declared illegal, the report added.
According to ACC documents, the allegations of corruption in the Rooppur Nuclear Power Plant project were brought to light by Bobby Hajjaj, chairman of the National Democratic Movement (NDM).
Hasina, 77, has been living in India since August 5 when she fled the country following a massive student-led protest that toppled her 16-year regime.
Her sister Rehana accompanied her. Joy resides in the US, while her niece Tulip is a member of the British parliament.
Bangladesh-based International Crimes Tribunal (ICT) has issued arrest warrants for Hasina and several former Cabinet ministers, advisers, and military and civil officials for “crimes against humanity and genocide”.
They are also named in multiple murder cases filed in connection with the demonstrations.
Hyderabad, 24 December 2024: Karur Vysya Bank (KVB) inaugurated 2 new branches in Andhra Pradesh & Telangana today. By inaugurating each branch in both states, the total branch network of the Bank increased to 864. These branches will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts and locker facilities, etc.,
Karur Vysya Bank has 209 branches in AP & Telangana. During the financial year 2024-25, the bank added 26 branches across India.
The new branches that were opened today:
1. 863rd Branch: 53/2, Kalyanadurgam Main Road, Anantapur – 515 004, Andhra Pradesh – inaugurated by Mr. Malola, District Revenue Officer and Additional District Magistrate, Anantapur
The new branches shall cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional, and Consumer lending.
KVB offers Internet Banking and Mobile Banking facilities. KVB DLite, the Mobile Banking app of the Bank offers convenience of financial and non-financial services through 150+ features. The app has been recently upgraded with several customer friendly features.
Elon Musk is the richest man in the world, yet his hunger for money is unquenchable. First he bought Twitter and turned it into X and then forced users to pay for the blue tick as well. Those who take its premium service should now be ready to pay more for it.
Microblogging platform X has increased the prices of its premium plan by about 35 percent. And this increase is not limited to American users only, but Indian X users will also be affected by it.
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Indian users will have to spend more money to access the exclusive features of the platform. By the way, let us tell you that these changes have been made only for users with the Premium + plan. For all other plans, the prices will remain the same. There is no change in them.
How much will the Premium Plus plan cost in India now?
The updated prices of the Premium+ plan can now be seen on the X website. Earlier, users had to pay a monthly fee of Rs 1,300 for this, which has now been increased to Rs 1,750. Users opting for the annual plan will have to pay Rs 18,300. If you want to choose an economical option, X also offers two more plans for such users. These plans are called Basic and Premium. The Basic plan in India costs Rs 245 per month. While the Premium plan costs Rs 650 per month. Those who want to get their annual membership will have to pay Rs 2,590 for the Basic plan and Rs 6,800 for the Premium plan.
The Premium+ membership offers the best user experience. It offers a completely ad-free browsing experience. These users get the benefit of features like Reply Boost and Grok 2 AI Assistant. These subscribers get the privilege to post longer videos.
Here you also get access to X Pro and Media Studio. They get the opportunity to earn through their posts and also get features like verification checkmark, optional ID verification, encrypted direct messages and app icons, navigation tweaks and highlight tabs.
It is specially designed for those who want to get the best experience and more benefits on X.
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Honda Motor Co shares (NYSE:HMC) surged in Japan on Tuesday after the automaker said it was negotiating terms with the other Japanese carmaker Nissan (OTC: NSANY) by 2026 to merge, while the latter’s shares fell sharply.
Moreover, Honda’s shares rose by as much as 14%, boosted by the announcement of a purchase worth 1.1 trillion yen ($7 billion).
The shares of Nissan, on the other hand, tumbled to 7% lower.
The companies Honda and Nissan announced the talks to merge on Monday, with Mitsubishi Motors Corp. (TYO:7211) – of which the former has a 34% stake – also said to consider joining the deal.
Based on the market value of all three producers, the combined body could well be worth more than $50 billion.
The agreement might possibly make the third-largest automobile manufacturer worldwide after Toyota Motor Corporation and Volkswagen. This comes as both Honda and Nissan contend with fierce competition in their most important market: China, particularly from the rapidly budding electric vehicle industry.
Last month, Nissan declared a mission to slash its global workforce by 9,000 and reduce its production capacity by 20% due to an alarming drop in sales in important markets, such as China and the U.S.
Honda has issued terrible earnings reports as a result of continued poor sales in China; however, the motorcycle and hybrid segments have provided some cushion.
“Our vision is to have combined sales of 30 trillion yen ($191 million) and operating profit of more than 3 trillion yen through the potential merger,” said their chief executive officers during a press conference on Monday.
They aimed to complete discussions by June 2025 and set up a holding company by August 2026, at which point shares in both firms would be delisted.
As cloud computing revolutionizes the digital landscape, technology expert Rohit Sharma from Bangalore has identified five crucial architectural principles reshaping how user interface applications are built and scaled. With the cloud computing market projected to reach $1.5 trillion by 2030 and daily global data generation exceeding 328 million terabytes, these principles offer a framework for organizations to meet unprecedented digital transformation challenges.
Elastic Scalability: The Foundation of Modern Cloud Applications Elastic scalability forms the backbone of next-generation cloud applications, dynamically allocating resources based on real-time demand. Research shows that a mere 100-millisecond delay in load time can cut conversion rates by 7%, emphasizing the importance of responsiveness. Auto-scaling enables applications to manage traffic surges of up to 150% during peaks without compromising performance while reducing costs during low activity. This adaptability ensures efficient operations, improved user experience, and cost-effective resource utilization, vital for modern digital services.
Microservices: Breaking Down the Monolith The article examines how microservices architecture has become crucial for scalable cloud UI applications. With 84% of organizations increasing microservices usage and 86% planning expansion, this architectural approach enables independent component scaling while improving resource efficiency by up to 50% compared to monolithic systems. The modular design allows teams to work simultaneously on different services, boosting productivity and deployment frequency.
Cross-Platform Compatibility: Bridging the Device Divide In today’s multi-device world, where mobile devices drive 54.8% of global website traffic, ensuring seamless cross-platform compatibility is essential. Responsive design principles and adaptive UI frameworks enable websites to deliver consistent, optimized experiences across various screen sizes. Research indicates that improving mobile page load times by just one second can boost conversion rates by up to 27%. This highlights the critical role of efficient design in enhancing user engagement and achieving business goals.
Automation: The Key to Reliable Deployment The implementation of Continuous Integration and Continuous Deployment (CI/CD) pipelines has revolutionized application development and maintenance. Organizations adopting these practices report 50% less time spent on security issue remediation. Elite performers deploying code 208 times more frequently than their counterparts demonstrate the transformative power of automation.
Security and Compliance: Protecting Digital Assets With the average cost of data breaches reaching $4.35 million in 2022, security has become paramount. A multi-layered security approach, incorporating network security, application security, and data protection, is essential. Organizations are responding, with 76% reporting increased cybersecurity investments in 2023.
Economic Impact and Future Implications The implementation of these architectural principles extends beyond technical benefits, offering significant economic advantages. Organizations can reduce cloud spending by 20-40% through efficient scaling, while improved security measures help maintain customer trust, with 81% of consumers indicating they would cease engaging with brands following data breaches.
Challenges and Opportunities Despite the clear benefits, organizations face challenges in implementing these principles, including technical complexity, resource constraints, and skills gaps. However, the potential returns in terms of improved user experience, operational efficiency, and business growth make these investments worthwhile.
In conclusion, Rohit Sharma highlights the transformative power of the five architectural principles as foundational pillars for the future of cloud computing. Beyond technical blueprints, these principles form a holistic framework for building resilient, secure, and scalable applications that drive efficiency, elevate user experiences, and ensure competitiveness in a rapidly evolving digital landscape. Their significance is underscored by compelling industry metrics: a potential 20-40% reduction in cloud spending through optimized scaling, 76% of organizations increasing cybersecurity investments, and 81% of consumers willing to abandon brands after data breaches. As cloud computing advances toward its projected $1.5 trillion market value by 2030, these principles will play a pivotal role in shaping innovative and sustainable digital ecosystems.
Hyderabad, 24 December 2024: Karur Vysya Bank (KVB) inaugurated 2 new branches in Andhra Pradesh & Telangana today. By inaugurating each branch in both states, the total branch network of the Bank increased to 864.
