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DIGITAL VOCATIONAL SKILLING CAN MAKE YOUTHS WORKPLACE READY: MAGIC BUS INDIA FOUNDATION

MUMBAI, India, May 29, 2023 /PRNewswire/ — Digital and vocational skilling is typically the cornerstone of any economy. And although India is considered to be a hotbed of knowledge and skills, the vast majority of its youth lack what can be termed as the employability quotient. Many experts say the country’s employability problem is a bigger challenge than unemployment itself.

The National Education Policy 2020 has set the framework for deep educational reform, particularly in higher education, with emphasis on technical as well as soft skills among graduates and postgraduates. The Government is also focussing on digitization to skilling to create a skill development ecosystem for creating skilled workforce and augment livelihood opportunities for the young India.

India is one of the youngest nations in the world with over 50% of the population under 30 years. The widening youth population brings upon the policy makers a responsibility to provide adequate opportunities to convert the demographic advantage into demographic dividend. India is progressively moving towards a knowledge economy, and it is imperative to transform the large workforce into an adaptable and flexible skilled workforce which is responsive to the changing job environment.

As a leading implementing NGO, Magic Bus India Foundation ensures access to youths from underserved communities who are NEET (Not in education, employment or training) facing the risk of exclusion or struggling with long term employment by bridging the skill gap in digital vocational skilling in India. Magic Bus strives to digitally empower and facilitate industry oriented vocational training to the youth from low-income strata so that they can access opportunities for growth and well-being for self and family. Educators have started moving beyond their traditional role of teachers and have started acting as facilitators. This allows them to assist students in discovering and developing their own unique learning processes.

Digital vocational training will be relevant today and, in the future, as it will help address a range of social issues from poverty to unemployment to inequality. By providing vocational training programs through digital means, it will help equip individuals attain the right skill sets and knowledge that they need to secure employment, start their own businesses, and improve their economic prospects.

Magic Bus India Foundation is one of the first movers in innovation, updation and upgradation of the skilling curriculum by partnering with various corporate responsibility brands and government to support access towards skilling young people and ensure that it is industry-oriented and relevant to the current job market. The organisation’s partnership with National Skill Development Corporation as an implementation partner and one of the first NGOs in India’s first-ever Skill India Impact Bond is providing livelihood skilling to youths, of which 80% are women. Magic Bus’ mission to empower young people of India in digital vocational training for the future is possible through a long-standing collaboration with AWS/restart, NIIT, Accenture, Cognizant, S&P Global. Magic Bus India Foundation help youth become first-generation salary earners in their families. The organisation also enhances employability by imparting life skills and employability skills through regular Youth Skilling Programme and Connect With Work programme that supports young people to sustainable livelihood opportunities in sectors such as Retail, ITeS, Hospitality and BFSI. It also provides youth with sector-specific training, job placements and post-placement support.

About Magic Bus India Foundation:

Founded in 1999, Magic Bus India Foundation is one of the top five NGOs in the education and skilling space in India. We equip adolescents and young people with life skills and knowledge that enable them to thrive in the transition from childhood to livelihood. In the past two decades, our transformative Childhood and Livelihood Programs have positively impacted the lives of over 1 million adolescents and helped place 195,963 youths into job. Our Adolescent programs operates in 24 states and 72 districts, with 51% participation rate of girls. Our Livelihood programs in 13 states also achieve an impressive 55% girl participation. In our Childhood Program, we prioritize instilling life skills and enhancing education through 302 Community Learning centres and 2770 connected schools. And our Livelihood Programme focuses on enhancing employability by providing specialized skill training, connecting young individuals to sustainable livelihood opportunities. This is achieved through 95 Livelihood Centres and 825 Colleges, offering sector-specific training, job placements, and post-placement support. Our offices are present in India, US, UK and Singapore.

To learn more, visit www.magicbus.org or connect on LinkedIn.

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Reliance Digital Introduces High-Performance iQOO 15R to its Nationwide Store Network

MUMBAI, India, March 11, 2026 /PRNewswire/ — Reliance Digital announces the offline retail availability of iQOO, the high-performance smartphone brand built for today’s youth and tech-forward consumers. Following strong traction in online channels, iQOO is now extending its presence into physical retail, allowing customers to experience and purchase its devices first-hand at Reliance Digital stores across India.

Known for pushing the boundaries of speed, and power, the iQOO 15R is powered by the Snapdragon 8 Gen 5, delivering exceptional speed, responsiveness, and sustained performance throughout the day. It packs iQOO’s biggest battery yet in an ultra-slim 7.90mm design, making it India’s slimmest smartphone with a 7600 mAh battery.

The device features a 6.5K IceCore VC Cooling Chamber for stable performance and runs on OriginOS 6.0 based on Android 16 out of the box, supported by 4 years of software updates and 6 years of security updates. It is also equipped with a Sony LYT-700V OIS camera, a 1.5K 144Hz AMOLED EyeCare display, and IP68 & IP69 dust and water resistance, making it a dependable daily partner for professionals on the go.

The brand’s offline expansion marks an important step in deepening consumer engagement by offering hands-on access to its devices, enabling customers to explore iQOO’s powerful performance, advanced display technology, and flagship-grade camera capabilities in a real-world retail environment.

The availability of iQOO at Reliance Digital brings together two brands driven by innovation and consumer experience. While iQOO continues to build its reputation as a performance-led smartphone brand, Reliance Digital strengthens its portfolio by offering customers access to cutting-edge technology brands through its extensive nationwide retail network.

Through engaging in-store experiences, knowledgeable staff, and immersive product demonstrations, Reliance Digital aims to help consumers better understand iQOO’s performance-first DNA. This move further reinforces Reliance Digital’s commitment to staying ahead of evolving consumer preferences and serving as a preferred destination for discovering new-age technology.

With this expansion, Reliance Digital continues to play a key role in shaping India’s consumer electronics landscape by bringing future-ready brands closer to customers, while enabling smartphone brands like iQOO to build stronger connections with a growing, performance-driven audience.

The all new iQOO 15R is now available at Reliance Digital stores nationwide.

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Kotak Alts announces winner of the inaugural Katalyst Awards

Ms Himani Choudhary named Katalyst for the year – India’s Best Financial Content Creator; wins Rs. 25 Lakhs

MUMBAI, India, March 10, 2026 /PRNewswire/ — Kotak Katalyst Awards, a national initiative instituted to recognise excellence and responsibility in financial content creation has announced the winner of its first Katalyst edition. Kotak Alternate Asset Managers Limited (“Kotak Alts”) today announced Himani Choudhary as the winner. The winner was awarded a prize of INR 25 Lakhs, positioning Katalyst among the most meaningful recognitions for financial content creators in India.

Srini Sriniwasan, Managing Director, Kotak Alts, said, “The Kotak Alts Katalyst Awards were instituted to recognize content creators who are contributing meaningfully to financial literacy in India. As investor participation deepens, audiences are seeking clarity, context, and credibility. The response from creators was overwhelming and points to the new generation of financial educators.  As the inaugural winner Ms. Himani Chaudhary, exemplifies the standard of financial communication that Katalyst seeks to encourage.”

The first edition of the Kotak Alts Katalyst Awards received over six hundred entries from across 19 states and in 8 languages, reflecting the growing role of digital creators in shaping financial awareness. Conceived in response to increasing clutter and misinformation in the financial ecosystem, Katalyst is designed to recognize creators who place accuracy, transparency, and investor interest at the core of their work.

The winning content, ‘Personal Finance & Major Finance Updates’ by Himani Choudhary, was recognised for its clarity, originality, and credibility. The jury noted the content’s ability to explain complex financial concepts in a clear and measured manner, supported by strong research and a consistent focus on investor education over virality.

To ensure a robust and transparent evaluation process, the awards framework was designed and audited by EY. The top thirty entries were assessed by an academic jury.

The top 10 finalists were subsequently evaluated by a grand jury comprising Kunal Shah, Founder and CEO of CRED; Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund; and Alpesh Shah, Managing Director and Senior Partner at Boston Consulting Group, and chaired by Ananth Narayan, former Whole–Time Member of SEBI with extensive capital markets and regulatory experience.

The Katalyst Awards recognise financial content creators who priorities financial literacy, substance, and long–term investor interest. Through this initiative, Kotak Alts aims to encourage responsible financial communication and support the development of informed and confident investors across India.

About Kotak Alternate Asset Managers Ltd: Kotak Alternate Asset Managers Limited (‘Kotak Alts’), a part of Kotak Mahindra Group (‘Kotak’), focuses on Alternate Asset Management and Investment Advisory businesses. Kotak Alts was set up in early 2005 and has raised, managed, and advised over USD 22 billion across different asset classes, including Private Equity, Real Estate, Infrastructure, Special Situations, Private Credit, and Investment Advisory. The asset management business and investment advisory vertical are managed by independent specialist teams. For more information, visit https://www.kotakalternateasset.com/

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Paperpal for Life Sciences Establishes HIPAA Readiness, Strengthening Enterprise Adoption of AI in Regulated Medical and Scientific Writing Workflows

MUMBAI, India, March 10, 2026 /PRNewswire/ — Paperpal for Life Sciences, an enterprise-grade Artificial Intelligence (AI) platform by Cactus Communications, purpose-built for Medical Affairs and Life Sciences organizations, announced the completion of an assessment evaluating its operational and technical safeguards to support Health Insurance Portability and Accountability Act (HIPAA) requirements. This milestone reinforces Paperpal’s commitment to meeting the rigorous standards of security, data protection, and regulatory readiness required for regulated scientific workflows.

Growing AI use in medical affairs writing and publication workflows is intensifying scrutiny on data privacy, governance, and regulatory accountability. To support these evolving needs, Paperpal for Life Sciences has undertaken an assessment of its systems and processes to evaluate readiness to support HIPAA compliance, where applicable, and now proudly offers the option to execute a Business Associate Agreement (BAA) for Protected Health Information (PHI) and Personally Identifiable Information (PII). This offering gives customers the confidence that PHI or PII, if received, is handled securely and responsibly, in line with regulatory expectations and enterprise risk management practices.

Paperpal for Life Sciences provides AI writing, literature search, source-grounded summarization with citation support, and critical publication checks, powering medical affairs content creation under stringent data privacy and governance controls. The platform accelerates research-to-publication timelines by upto 25%, supporting faster dissemination of clinical evidence and earlier commercialization of new drugs and therapies.

Nishchay Shah, Group CTO and EVP, Products and AI at Cactus Communications, said, “As AI becomes foundational to regulated scientific and medical workflows, compliance and trust are no longer optional. Paperpal for Life Sciences’ HIPAA readiness measures reflect our secure-by-design approach to AI, strong data governance framework, and alignment with real-world enterprise and regulatory requirements. This milestone enables organizations to adopt AI at scale with confidence that their data, processes, and compliance obligations are protected .”

Elvira Dsouza, President, Cactus Life Sciences, added, “Medical Affairs and Life Sciences teams operate in highly regulated environments where scientific rigor, data privacy, and compliance are non-negotiable. HIPAA readiness positions Paperpal for Life Sciences as a trusted AI partner, one that enables organizations to accelerate evidence generation and scientific communication without compromising regulatory integrity .”

With this announcement, Paperpal for Life Sciences reinforces its position as a purpose-built, enterprise-ready AI platform for medical affairs content generation that supports innovation while meeting the highest standards of privacy, ethics, and regulatory compliance.

Media Contact:

Nidhi Amin

nidhi.amin@cactusglobal.com 

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