Business

Toyota Kirloskar Motor (TKM) has inked a strategic MoU with Bengaluru-based Ohmium International to co-develop scalable Green Hydrogen-based integrated power solutions in India. The move underscores Toyota’s commitment to carbon neutrality and supports India’s National Green Hydrogen Mission, aiming for energy independence by 2047 and net-zero emissions by 2070. The collaboration will focus on developing microgrid solutions powered by Ohmium’s PEM electrolyzers and Toyota’s fuel cell modules, targeting use-cases like data centers and remote industrial zones. This marks a shift "beyond mobility" as Toyota expands hydrogen use in stationary applications. The initiative reflects the spirit of ‘Atmanirbhar Bharat’ through Make-in-India innovations. Industry leaders and ministers, includ...

Samsung’s nationwide innovation initiative, Solve for Tomorrow 2025, is inspiring a wave of tech-driven ideas across India’s youth with its latest roadshows energizing students in Jammu, Kolkata, and Shillong. Launched on April 29, the programme invites youth aged 14–22 to develop real-world solutions through design thinking. The top four winning teams will receive INR 1 crore each for incubation, alongside mentorship from Samsung leaders and IIT Delhi faculty. The final date for applications is June 30. At North Eastern Hill University (NEHU) in Shillong, students showcased powerful ideas rooted in local realities. Bashan Kur Buhroy’s concept — a drone-based system for delivering emergency medicine to remote villages — struck a chord. “Many areas in the Northeast have no ambulance ...

Lauritz Knudsen Electrical & Automation has launched its most ambitious product portfolio yet. With over 10 next-gen solutions—including EV charging ecosystems, digital power distribution systems, and IoT-enabled automation tools—the company has embarked on a 30-city ‘Technology Tour’ to connect with local businesses, engineers, and policymakers. Designed to cater to India’s diverse industrial clusters, the initiative reflects Lauritz Knudsen’s commitment to inclusive growth and its support for the Viksit Bharat 2047 vision. “We believe innovation must be accessible, adaptable, and locally relevant,” said Naresh Kumar, COO. “Our goal is to make industries safer, smarter, and more sustainable—no matter the city or sector.” In Shillong, where urban growth and small-scale industrie...

The launch of the North East Growth Lab (NEGL) by IIMA Ventures in collaboration with SAP marks a pivotal moment for the economic transformation of Northeast India. Building on the proven impact of the World Bank-supported Assam Agribusiness Growth Lab (AAGL), NEGL aims to accelerate 90 startups and social enterprises across all eight northeastern states over the next three years. The initiative offers catalytic capital, tailored mentoring, training, and access to markets—expected to generate ₹100 crore in enterprise value and benefit over 500,000 individuals from low- to middle-income segments. The program is strategically aligned to stimulate inclusive growth by fostering innovation, building capacity, and connecting regional ventures with national and global investor networks. Start...

Bajaj Allianz General Insurance has introduced a tailor-made health insurance product, Na Ka bynta jong phi—translated as “For You”—specifically crafted to meet the healthcare needs of Meghalaya’s residents. This initiative marks a shift from one-size-fits-all policies to state-centric healthcare protection. The new plan features wide-ranging benefits including coverage for hospitalization, day care procedures, robotic surgery, stem cell therapy, and even organ donor expenses. With flexible sum insured options from ₹5 lakh to ₹20 lakh and lifetime renewal, it offers financial security for individuals and families alike. Customers can choose optional add-ons like unlimited reinstatement of the insured sum and cumulative bonuses of up to 200% for claim-free years. In Shillong, the pro...