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Business Standard
an hour ago
- Business
- Business Standard
DGCA's 360-Degree Audits are a Positive Step, but Seamless Execution will be Crucial, Says Jaideep Mirchandani
NewsVoir Mumbai (Maharashtra) [India], July 24: Following the concern over safety gaps in air travel, especially in the wake of the recent fatal air crash at Ahmedabad that claimed 241 lives, the Directorate General of Civil Aviation (DGCA) has introduced a special audit framework for a 360-degree evaluation of the country's aviation ecosystem. The new system will replace the existing Silo Safety system of inspection, which involves parallel, disconnected, step-by-step inspections, such as one for pilots, a separate one for airports, and another for aircraft. The new integrated audit, meanwhile, will be led by a multi-disciplinary team from various departments of the DGCA. As per the plan, specialists in flight standards, airworthiness, navigation, licensing, operations, and air safety will collaborate on joint audits alongside DGCA officials. The special audits will apply to all scheduled, non-scheduled, and private air operators, as well as Maintenance, Repair, and Overhaul (MRO) organisations, approved training organisations, aerodrome operators, and ground handling agencies. "It is indeed a good move to launch a comprehensive 360-degree audit system that will help in detecting risks that may be hidden between regulatory faultlines. The new rule will also help in bringing in external industry experts, if required, and provide clearer operational insights. There will also be surprise audits overseen by the Joint Director General, as per the circular, which will help in clearly assessing the safety management systems and internal frameworks designed by airlines. It will also help in identifying operational risks before they escalate into disasters," says Jaideep Mirchandani, Group Chairman of Sky One. He also notes that the new decision is timely, given the unprecedented growth India is experiencing in aviation. "We know that Indian carriers have already placed massive orders for new aircraft, and hence the staffing, as well as other related aspects, requires more procedural depth. With the kind of expansion they are planning, the previous system of isolated inspections will not work. It requires a larger-scale mechanism like the 360-degree inspection, which will also help bring India's inspection regimen on par with International Civil Aviation Organisation (ICAO) standards and recommendations," adds Mr Mirchandani. However, Mr Mirchandani says it is essential for the regulatory body to ensure that the new framework is implemented strictly. "Execution is the key here. There should be constant follow-ups from policymakers to ensure that all inspections are conducted regularly. As we know, the Indian skies are becoming increasingly crowded, with more flights expected to be introduced on domestic and international routes. So, it is an opportunity to build operational excellence, with DGCA-led clarity and accountability pushing all stakeholders toward best-in-class standards," he concludes.
Business Standard
4 hours ago
- Science
- Business Standard
The Innovation Story Makes History at First Tech Challenge Asia Pacific Championship
NewsVoir Mumbai (Maharashtra) [India], July 24: In a defining moment for Indian STEM education, The Innovation Story (TIS) has achieved an unprecedented third consecutive victory at the FTC Asia Pacific Open Championship 2025 held in Sydney, Australia, cementing its position as a leader in school-level robotics and AI education in India. This year's winning team, Team Kryptonite 28078 from Dhirubhai Ambani International School, mentored by The Innovation Story, delivered a standout performance. * The highest tournament score * An undefeated playoff record, and * The Innovate Award, which celebrates cutting-edge engineering and out-of-the-box thinking "What we're seeing is the result of deep, hands-on mentorship and belief in every child's potential," said Meenal Majumdar, Founder of The Innovation Story. "When students are given access to the right tools, global-level training, and mentors who work alongside them and not just instruct, they begin to see themselves differently. Their confidence and self-belief increases, they lead with clarity and dare to imagine what's possible." The FIRST Tech Challenge (FTC) is one of the world's most prestigious robotics competitions for middle and high school students. Teams design, build, and program sophisticated robots to complete complex, game-based challenges. With an emphasis on strategy, engineering design, innovation, and teamwork, FTC provides students with a unique opportunity to apply STEM skills in a highly competitive and collaborative global setting. The Innovation Story's Learning Model While TIS teams continue to dominate at global championships, the organization's impact goes far beyond the competition floor. Through cutting-edge programs in Robotics, AI and Mechatronics, The Innovation Story trains students from Grade 3 to Grade 12, developing not just technical capability, but the mindset to build and create in an innovation-driven world. Through their programs and makerspaces students receive hands-on exposure to advanced technology tools, real-world problem-solving, and immersive project-based learning. TIS is not just preparing students to win competitions -- it is helping them become confident builders, creators, and changemakers. Cutting-edge Global Curriculum TIS's curriculum is built in collaboration with global leaders from MIT, Stanford, and Harvard, offering students a standard of learning necessary for tomorrow's workforce. The organization works closely with Indian academic institutions as well, including Wadhwani Electric Lab at IIT Bombay, IIT Delhi's Technology Innovation Hub, and ART PARK at IISc Bangalore, giving students rare access to both international and domestic innovation ecosystems. Recently, TIS conducted a two-week AI Fellowship at MIT Media Lab that gave students the opportunity to explore artificial intelligence in an immersive learning environment with a host of renowned speakers. Additionally in July TIS students also conducted a Technology Innovators program at WEL Lab IIT Bombay that culminated in an IIT certified innovation showcase. With its unique blend of programs that range from participation in global championships to academic fellowships and training at institutions like MIT and IIT, as well as accessible initiatives that spark curiosity in younger students - The Innovation Story is leading the way in preparing young minds to become future changemakers, leaders and innovators.
Business Standard
a day ago
- Business
- Business Standard
Radio City Business Titans 2025 Chapter 4 - Where Visionaries Take Centre Stage
NewsVoir Mumbai (Maharashtra) [India], July 23: Radio City, India's number one radio network, is set to host the eagerly awaited fourth season of 'Radio City Business Titans (RCBT) Awards 2025' on 25th July at the scenic city of Phuket. As defined by the tagline 'Honouring Visionaries, Celebrating Excellence', the prestigious award celebrates India's most inspirational business stories - that of dreamers, disruptors, and doers who dare to redefine success. An illustrious gathering of distinguished personalities from diverse industries will converge for an unforgettable evening of celebration in the august presence of acclaimed actor Boman Irani and multifaceted performer Sophie Choudry. RCBT is Radio City's unique way of recognising the indomitable spirit of India's entrepreneurs and their unshakeable vision. This year, the event gets a further fillip to its reputation as renowned electricity distribution company, Mahavitaran (MSEDCL) joins as the esteemed Solar Energy Partner. The future of Indian economy and the progress towards Viksit Bharat rests in the hands of these entrepreneurs. RCBT endeavours to motivate the next generation of business leaders through an evening of awards and accolades celebrating legacy businesses as well as new-age firms. The event will be a culmination point for both the industry veterans and budding startup founders, thereby facilitating dialogue, collaboration, and knowledge sharing. From inspiring brand stories to path-breaking innovations, it will give voice to India's entrepreneurial story on a global platform. Speaking on the upcoming edition, Mr. Ashit Kukian, CEO of Radio City, said, "Radio City has always championed the Indian spirit, not only across the country but also around the world. That's why we're bringing Chapter 4 of Radio City Business Titans to Phuket. This season promises to be just as iconic as our earlier editions, as we honour entrepreneurs who rise above challenges and redefine success. We aim to celebrate those who strive despite all odds and inspire the next generation of leaders. RCBT 2025 will be a celebration of passion, perseverance, and possibility." Sharing his excitement, actor Boman Irani said, "I'm thrilled to support Radio City in honouring our country's businesses that have made a name for themselves on the global stage and join the celebration of the spirit of Indian entrepreneurs." Sophie Choudry, singer and actor, added, "Indian entrepreneurs embody the spirit of possibility, and I'm excited to be part of their inspiring journeys. Radio City's Business Titans is a unique platform that celebrates creativity and perseverance, and I'm proud to support those driving change across India and beyond." True to its "Rag Rag Mein Daude City" spirit, the radio station is pulling out all the halts for a celebration that starts long before the spotlight hits the stage. On-air, listeners will catch powerful success stories, brand journeys, and client shoutouts woven into beautiful storytelling by some of the finest RJs of India. Meanwhile, the buzz will take over Instagram, Facebook, X, and LinkedIn with teaser drops, countdowns, and reels that build anticipation by the hour. At the backdrop of the beautiful city of Phuket, this year's RCBT promises to be as grand as its earlier editions in Dubai and Abu Dhabi. RCBT 2025 will be a historic event that shows Radio City's dedication to supporting India's economic environment. Season 4 is poised to raise the bar and further reaffirm the radio station's belief "Success Is Not A Destination; It's A Journey Worth Honouring." Radio City, a subsidiary of Jagran Prakashan Ltd. under Music Broadcast Limited (MBL), is India's first private FM radio broadcaster with over two decades of experience. With 39 stations across 12 states and 1 Union Territory, Radio City reaches 62% of India's FM population, engaging 69 million weekly listeners (Source: AZ Research 2019). Its digital presence extends through Driven by its brand philosophy "Rag Rag Mein Daude City," Radio City has pioneered unique and impactful content that resonates with city pride. The launch of #CityKiNayiVibe aims to connect with Gen Z through a fresh, modern sound. Popular IPs like 'Babber Sher,' 'Joke Studio,' and 'Love Guru' have become listener favourites. The station also champions independent music with the 'Radio City Freedom Awards' and provides a platform for emerging talent through 'Radio City Super Singer,' the first radio singing talent hunt, ongoing for 16 years. Additionally, 'Radio City Business Titans' was introduced in 2022 to honour excellence in Indian businesses. Radio City has embraced 'Radigitalization,' integrating radio with digital technology for a seamless experience. This includes AI-driven RJ Sia, who offers personalized, dynamic content, and RC Studio, a 24/7 video channel that blends video and audio, expanding Radio City's reach and engagement. Radio City launched Muzartdisco, India's first one-stop platform empowering independent artists with 360-degree career opportunities and global visibility, while also introduced an automated influencer marketing platform redefining digital brand engagement. Radio City has earned over 264 awards from prestigious platforms such as New York Festivals, ACEF Global, and India Radio Forum. In 2022, Music Broadcast Limited received 'India's Best Company of the Year 2022' from Berkshire Media. Radio City has consistently ranked as a top workplace in the Great Place To Work survey. In 2024, it was named the 7th Best Workplace in India and the Best Workplace for Millennials, while ranking 33rd in Asia and 1st in the Media sector. Previously, Radio City was recognized among India's Top 75 Workplaces for Women in 2019 and achieved 4th place for Best Large Workplaces in Asia in 2020. Known for its vibrant culture, Radio City embodies trust, pride, and camaraderie, offering an exceptional workplace experience for all employees.
Business Standard
16-07-2025
- Business
- Business Standard
Subhankar Sen Takes Over as Director (Marketing) At Bharat Petroleum Corporation Limited
NewsVoir Mumbai (Maharashtra) [India], July 16: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and one of India's leading integrated energy companies, has announced that Shri Subhankar Sen has taken over as Director (Marketing) of the company. Shri Sen, a veteran of BPCL with over three decades of experience, has played a pivotal role in driving strategic transformation across key business verticals. His appointment marks a significant milestone in BPCL's journey towards innovation, customer-centricity and sustainable growth. Over the years, Shri Sen has held several critical leadership roles within the organisation. As Business Head - Retail (West), he led a major overhaul of BPCL's retail operations across fuel stations. Under his leadership, BPCL introduced new-age formats and enhanced customer engagement through digital-first initiatives. The launch of BeCafe, a modern cafe concept at fuel stations, added a fresh dimension to non-fuel retailing and enhanced the overall consumer experience. In the lubricants business, Shri Sen played a key role in expanding the MAK Lubricants brand across India and overseas markets, including Nepal, Bangladesh, Sri Lanka, UAE, and Africa. He successfully steered the business through a strategic indigenisation initiative aligned with the Atmanirbhar Bharat mission. The introduction of the MAK Lubricants Solutions program under his leadership enabled customers to improve operational efficiency and reduce total cost of ownership. Shri Sen has been at the heart of BPCL's brand and loyalty journey, shaping not just products but the very way the company connects with its customers. As part of the core Strategy Team, he contributed to the development and execution of several flagship brands and customer-focused platforms, including Pure for Sure, Speed, PetroBonus, SmartFleet, BPCL-SBI Card, In & Out Stores, and UFill. His efforts in fostering strategic collaborations across banking, retail, QSR, and automotive sectors, has helped BPCL stay relevant and deeply connected to the evolving needs and aspirations of its consumers and has impacted significantly in strengthening BPCL's market positioning and consumer reach. As Oil Industry Coordinator, Shri Sen played a significant role in advancing the Government of India's clean mobility agenda. He was instrumental in the rollout of Doorstep Diesel Delivery and led BPCL's eDrive initiative focused on building EV Fast Charging Corridors across the country, aimed at supporting the electric vehicle ecosystem. His collaborative approach with industry bodies and policymakers has contributed to tangible outcomes in India's energy transition landscape. Recognized for his people-first leadership style, Shri Sen is known for nurturing empowered teams, driving operational excellence, and responding swiftly to evolving market dynamics. His appointment as Director (Marketing) comes at a strategic inflection point as BPCL accelerates its efforts towards a digitally-enabled, sustainable, and consumer-driven future. BPCL congratulates Shri Subhankar Sen on his new role and looks forward to his continued leadership in steering the company's marketing strategy towards greater innovation and growth. Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the club of companies having greater operational & financial autonomy. Bharat Petroleum's Refineries at Mumbai, Kochi and Bina have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, fuel stations, aviation service stations and LPG distributors. Its distribution network comprises over 23,500+ Fuel Stations, over 6,200+ LPG distributorships, 500+ Lubes distributorships, 80 POL storage locations, 54 LPG Bottling Plants, 79 Aviation Service Stations, 5 Lube blending plants and 5 cross-country pipelines. Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has Electric vehicle charging stations at 6500+ Fuel Stations. With a focus on sustainable solutions, the company is developing an ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions. Bharat Petroleum has been partnering communities by supporting several initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With 'Energising Lives' as its core purpose, Bharat Petroleum's vision is to be an admired global energy company leveraging talent, innovation & technology.
Business Standard
11-07-2025
- Business
- Business Standard
OPES+ Launches with Flat INR 9 Brokerage Per Order
NewsVoir Mumbai (Maharashtra) [India], July 11: KBS India Limited, a SEBI-registered stockbroker and a distinguished member of both NSE and BSE, renowned for over 45 years of trusted service in the financial industry, has launched OPES+. It is a new-age trading and investing app built to meet the demands of today's traders and investors. Offering powerful tools combined with a flat INR 9 per order pricing, OPES+ makes professional-grade trading and investing accessible to all. This transparent pricing approach removes cost as a barrier, empowering active traders & investors. OPES+ offers an intuitive experience, complete with real-time market commentary, GTT (Good Till Triggered) orders, customisable charts powered by TradingView, and advanced options analytics including Greeks. Speaking at the launch, Tushar Shah, Managing Director at KBS India Limited, said, "With OPES+, we've built something simple, smart, and backed by decades of trust. This is about creating a platform that helps traders & investors make confident, informed decisions without the worry of high brokerage costs." The app also integrates features such as live portfolio tracking, personalised analysis tools, and seamless back-office access, making it a comprehensive solution for modern traders and investors. Whether it's equities, mutual funds, or derivatives, OPES+ aims to be a one-stop destination for all users. OPES+ is now available for download on the Play Store, App Store, and the official website ( This launch marks a significant step in KBS India's digital evolution, reinforcing its legacy of user-first service and market expertise across investors and traders alike.
