Author: Indrani Bose

BFSI sector sees 10.4% increase in background check discrepancies for FY 23-24

Beyond employment and education checks, discrepancies in criminal record checks (CRC) and identity verification are also steadily rising. This increase in CRC discrepancies can be attributed to the overall crime rate in India, which has climbed from 422.2 crimes per million in 2022 to 445.9 per million in 2024, according to the latest report from the National Crime Records Bureau (NCRB).

This uptick reflects the growing challenge of verifying candidate credentials in a highly competitive market, where individuals may resort to falsifying academic, professional, or personal information to secure positions.

Microsoft’s Alok Lall on how tech fuels sustainability efforts

While discussing Microsoft's commitment to renewable energy, Alok Lall, COO, Microsoft India and South Asia shares, "In order for us to become carbon negative by 2030, we have to move all our infrastructure to renewable energy by 2025. By next year, 100 percent of our infrastructure will be on renewable energy including solar."

Speaking at Storyboard18’s Power of Purpose: Sustainability Edition, Alok Lall, COO, Microsoft India and South Asia, talks about how at Microsoft, the ambition is to empower every person and every organization on the planet to achieve more.

TVS Motor profits surge 23% in Q2

EV sales registered a growth of 42% with sales increasing from 20,356 units in September 2023 to 28,901 units in September 2024.

The company’s total exports registered a growth of 11% with sales increasing from 100,294 units in September 2023 to 111,007 units in September 2024.

58% Indian travellers prioritize cultural experiences: Report

Skyscanner’s list of trending and best-value destinations for Indians in 2025, also feature the cities of Tokyo in Japan, Seoul in South Korea, Singapore, and London in UK, among others, each offering immersive art experiences.

79% of Indian travellers are planning an immersive art experience on holiday next year, with that number rising to 82% of 35–44-year-olds.

Upstox revs up trading with TBT Engine

Ravi Kumar, Co-Founder & CEO of Upstox, said, "As India’s retail trading landscape continues to evolve, the demand for precision and real-time data is more critical than ever. With the TBT Engine, we're reducing the gap between retail and institutional trading by equipping traders with the sophisticated tools they need to make smarter, more informed decisions.

Upstox has a customer base of over 1.4 crores with 75% of them being millennials. Nearly 70% of the total customer base comprises first time investors, from which 85% of them are from tier 2 and tier 3 cities in India.

NODWIN Gaming appoints Atin Suri as global head of experiential marketing

“For me, experience is everything, and I’ve always wanted to push the envelope when it comes to the intersection of technology and immersive experiences,” said Atin Suri.

Atin Suri will be responsible for leading NODWIN Gaming’s worldwide expansion efforts in experiential marketing and continued growth while handling the company’s white-label events and activations.

Canva records $2.5 bn revenue as active users surpass 200 mn worldwide

Users from more than 190 countries have also crafted more than 2.5 billion presentations and 500 million documents. Additionally, usage of Canva’s AI tools has with over 10 billion uses to date.

As Canva doubles down on its investment in India, the country has emerged as its fifth largest market by embracing India’s rich cultural diversity and linguistic nuances.