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Navia Markets Launches ‘Navia Backup’, an Independent Emergency Trading Safety Net

CHENNAI, India, Jan. 23, 2026 /PRNewswire/ — Navia Markets Ltd., a trusted name in Indian financial services with over three decades of legacy, today announced the launch of Navia Backup, an independent emergency-mode application designed to help clients manage risk by enabling market-based square-off of open positions during rare and unforeseen system disruptions. 

Navia_Logo

As modern trading platforms become increasingly sophisticated, they rely on a complex chain of interconnected technologies—including exchange connectivity via leased lines, Order Management Systems (OMS), Risk Management Systems (RMS), cloud-hosted infrastructure, and multiple security layers. While Navia has implemented robust redundancy across these layers and adheres to SEBI-mandated disaster recovery and business continuity frameworks, disruptions at any single point in this chain may, in rare cases, temporarily impact access to trading platforms. 

To further strengthen investor protection beyond industry-standard safeguards, Navia has introduced Navia Backup—a purpose-built emergency solution designed with simplicity, independence, and resilience at its core. 

What Is Navia Backup:

Navia Backup is a standalone, lightweight emergency application that enables clients to: 

  • Square off existing open positions across all segments at market price 

Unlike conventional trading platforms, Navia Backup operates independently of Navia’s primary trading infrastructure, including cloud-hosted applications, OMS, RMS, and exchange leased-line connectivity. This design is intended to help clients reduce market exposure even if primary trading systems are temporarily unavailable. 

How Navia Backup Works 

Independent Infrastructure 

Operates outside Navia’s core trading, risk, cloud, and connectivity systems. 

Simple Access 

Available through the Navia App and Navia website for quick use during disruptions. 

Emergency Readiness 

Designed to remain available during disruptions to support timely risk reduction. 

Why an Emergency Mode Instead of a Full Backup Trading Platform:

Trading platforms are inherently complex, with tightly integrated and interdependent systems. Replicating a full-featured trading platform as a backup could reintroduce similar systemic risks into a secondary environment. 

Navia Backup is therefore intentionally not designed to replicate full trading functionality. Instead, it prioritises: 

  • Simplicity over feature depth 
  • Robustness over complexity 
  • Independence over integration 

Its sole purpose is to function as a dependable, last-resort mechanism for exiting open positions during exceptional situations. 

Key Limitations 

Navia Backup is strictly intended for emergency use only: 

  • Placement of new orders is not supported 
  • Holdings, margins, and market depth are not displayed 
  • Only market-based square-off of existing open positions is available 
  • The application does not replace Navia’s primary OMS, RMS, or exchange systems and functions solely as an additional layer of risk mitigation 

How to Use Navia Backup 

Step 1: Open Navia Backup 

Access it from the Navia App (Account → Navia Backup or Problem with login), or from the Navia website using the Backup link

Step 2: Log In 

Enter the Client Code, Date of Birth, and OTP. 

Step 3: Square Off 

Square off open positions at market price. Execution and confirmation are subject to exchange processing, prevailing market conditions, and available liquidity, and may take a few minutes to reflect. 

Commitment to Client Safety 

“At Navia, client safety and trust remain central to everything we build. Navia Backup is a deliberate step toward strengthening operational resilience and risk management, helping clients retain control over their market exposure even in rare and exceptional scenarios,” said S.K. Hozefa, CEO, Navia Markets Ltd. 

With the launch of Navia Backup, Navia continues to reinforce its commitment to responsible technology, operational resilience, and investor protection. 

About Navia Markets Ltd. 

Founded in 1983, Navia Markets Ltd. is a pioneer in India’s financial services industry with a strong legacy of trust and innovation. Over the last three decades, Navia has empowered investors with technology-driven solutions, transparent pricing, and a customer-first approach. Today, with Navia’s lifetime zero-brokerage model and comprehensive offerings across equities, derivatives, mutual funds, commodities, IPOs, and Margin Trading Facility (MTF), Navia continues to evolve to meet the needs of modern investors.

Disclaimer 

Investments in securities market are subject to market risks, read all the related documents carefully before investing. 

Brokerage will not exceed SEBI-prescribed limits. 

Navia Markets Ltd.

SEBI Registration No.: INZ000095034 

NSE Member Code (CM, FAO & CD): 07708 

BSE Clearing No. (CM, FAO & CD): 6341 

MCX Member ID: 45345 

NSDL DP ID: IN300378 

CDSL DP ID: 12086500 

SEBI Registration No. (DP): IN-DP-311-2017 

GST No.: 33AAACM4739R2ZZ 

Registered Office: 

Ganga Griha, 4th & 5th Floor, No. 9, Nungambakkam High Road, 

Chennai – 600 034 

Email: ig@navia.co.in

Contact: +91 70100 75500 

Website: www.navia.co.in 

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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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