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Business Standard
3 hours ago
- Business Standard
IIM Udaipur Confers Diplomas to 63 Graduates of PGDBAWE Program
PRNewswire Udaipur (Rajasthan) [India], July 21: The Indian Institute of Management Udaipur hosted the Convocation for its Post Graduate Diploma in Business Administration for Working Executives - PGDBA-WE (Batch of 2023-25) on Saturday, 19th July 2025, at its pristine 300-acre campus at Balicha, Udaipur. The Convocation Address was delivered by Mr. Sumit Neogi, CHRO & Executive Committee Member for MEISA region at FedEx, who was the Chief Guest of the Convocation. The concluding address was delivered by Prof. Ashok Banerjee, Director, IIM Udaipur. The convocation was graced by Prof. Vijayta Doshi - Dean of Programs at IIM Udaipur, Prof. Amish Dugar - Chairperson of PGDBAWE and EMBA Programs, faculty & staff of IIM Udaipur, besides parents and relatives of the graduating batch. In this Convocation of PGDBA-WE, 63 students graduated with the gold medal for scholastic performance, awarded to Mr. Rahatul Ashafeen. The convocation ceremony began with a welcome address by Prof. Vijayta Doshi, Dean of Programs at IIM Udaipur. She warmly welcomed the graduating students, the chief guest, and other dignitaries, and reminded the graduates of their lasting connection to the institute. "Always remember that IIM Udaipur is your other home, and the doors of this institution will always remain open to you," she said. "You are now the brand ambassadors of IIM Udaipur--stay connected." In a compelling and deeply reflective address, Mr. Sumit Neogi shared five personal and professional stories that underscored timeless lessons in leadership, humility, and the value of staying connected to purpose. "Each story," he noted, "was either lived or learned--etched in my journey, shaped by others, or born from the cultures I've been part of." From learning that true respect stems not from the chair one holds, but from the person one is, to discovering how credibility must be earned afresh in every new role, the address weaved together anecdotes from early sales stints, boardroom challenges, and leadership turning points. One particularly powerful takeaway was the '24-48 Principle'--a reminder that policies shaped in comfort cannot serve those working in tougher, real-world conditions. Closing on a note of clarity and impact, he emphasised: "People don't worry about the shipment; they worry about where it is. Likewise, in leadership and service, it's not about what's promised, but about what's visible, reliable, and real." In his concluding address, Prof. Ashok Banerjee, the Director, reflected on the past year of growth at the institute and shared an inspiring message with the outgoing batch. He highlighted key milestones, including IIM Udaipur's continued presence in the prestigious Financial Times and QS Global rankings, and the extension of its AACSB accreditation for another six years. The institute also added several new faculty members and celebrated research achievements, with five publications in top-tier FT50 journals over the past year. On infrastructure, he shared the institute's pioneering step of using a Public-Private Partnership (PPP) model to expand facilities, making IIM Udaipur the first IIM to do so. Speaking directly to the graduating students, he urged them to continue learning, take risks, stay grounded in ethics, and become job creators rather than job seekers. "Lead with integrity and a sense of social responsibility," he said, "and remember that this institute will always be your home." He concluded by encouraging graduates to stay connected and contribute to the institute's future as proud alumni. About IIM Udaipur IIM Udaipur is well on its way to becoming a globally recognised B-School. It has broken new ground by focusing on world-class research and transforming students into tomorrow's managers and leaders. The Institute arrived on the global education stage by securing accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2024 for the 6th consecutive year, making it the only IIM to have achieved this feat. In the QS Global MIM Ranking 2025, IIM Udaipur stands as the 6th highest-ranked IIM and continues to maintain its listing for the 6th year in a row, reinforcing its global standing. Notably, it is also the youngest B-School in the world to be featured in both rankings. Additionally, IIM Udaipur ranks 4th in India for research in management, according to the UT Dallas methodology, which tracks publications in leading global journals, showcasing its excellence in academic research.
The Wire
3 hours ago
- The Wire
Macsen Labs Achieves Breakthrough in Sodium-Ion Battery Chemistry, Files Provisional Patent, and Advances Toward Pilot-Scale Manufacturing
Video Link: UDAIPUR, India, July 21, 2025 /PRNewswire/ -- Macsen Labs, a manufacturer of APIs, dyes, and specialty chemicals since 1952, has announced a major breakthrough in Sodium-Ion battery technology through the successful R&D-scale synthesis of its high-performance Prussian White, a next-generation cathode material for Sodium-Ion batteries. The company has filed a provisional patent for its proprietary synthesis process. The material has already undergone optimization for battery use at the company's electrochemistry and battery R&D facility and has shown promising results, driving the next phase toward pilot-scale manufacturing. "It's an interesting story, how a pharmaceutical company like ours entered the energy storage space," said Mr. Achal Agrawal, CEO of Macsen Labs and the lead researcher behind the project. "While working on Prussian Blue as a drug for radioactive poisoning, we discovered its derivative — Prussian White, which was emerging as a leading candidate for Sodium-Ion battery cathodes. That moment of curiosity led us down this path." Exactly one year ago, with zero experience in electrochemistry, Macsen's team fabricated a basic pouch cell inside a regular chemistry R&D lab, without specialized equipment. "We had no glovebox, no coater, no calendering machine, just our lab experience and synthesized material," recalled Agrawal. "When that small cell lit up an LED bulb, we knew we had something worth pursuing. That spark led us to establish a full-fledged electrochemistry lab." Today, Macsen's battery R&D facility includes an argon-filled glovebox for inert atmosphere handling, coin and pouch cell fabrication stations, electrode coaters, crimpers, vacuum dryers, and electrochemical testing systems, such as cyclers and potentiostats. With this setup, Macsen can rapidly prototype and test battery cells using its own synthesized materials, significantly reducing development time. The company already operates a pilot-scale chemical synthesis facility, which is now being used to produce Prussian White at a kilogram scale. Through numerous experiments conducted over the last year, the team has gained proficiency in Prussian White chemistry and has achieved what is likely to be one of the finest quality variants produced to date. Through its proprietary process, Macsen has achieved an energy density exceeding 150 mAh/g with Prussian White, which is comparable to Lithium Iron Phosphate (LFP). The material also shows excellent stability, fast sodium-ion mobility due to its open crystalline structure, and compatibility with existing Li-ion cell manufacturing infrastructure. "Performance-wise, it's at par with LFP, but made from abundant, low-cost materials like sodium and iron," said Agrawal. "And these elements are easily available, affordable, and free from geopolitical constraints." This project, originally incubated within Macsen Labs, is now being advanced under a dedicated entity currently under formation — 'Macsen Energy', which will focus exclusively on energy storage innovation and scale-up. "The real potential of sodium-ion batteries lies not just in electric vehicles," said Agrawal. "It lies in stationary energy storage systems that store and manage renewable energy from solar and wind. This is where India's energy transition will happen at scale." Macsen's current Sodium-Ion battery technology, using its Prussian White as cathode paired with a hard carbon anode, is well suited for applications such as battery energy storage systems (BESS) for grid and solar, household backup and inverter systems, short-range EVs, auto-rickshaws, two-wheelers, city buses, rural microgrids, and energy access solutions. The company is now focusing not only on improving cycle life, energy density, charge-discharge rates, and optimizing electrolyte-additive systems, but also on reducing the cost contribution of other components of the battery cell. Macsen aims to develop economical form factors by innovatively combining low-cost battery materials, components, and manufacturing processes, especially for large-scale stationary energy storage. One inherent cost advantage of sodium-ion technology is its use of aluminium in place of copper as the cathode current collector, which would further reduce raw material costs. To demonstrate the performance of Prussian White in commercial large-format cells, Macsen is setting up a pilot-scale cell fabrication line. The company is already sourcing equipment for this and aims to have the pilot-scale production facility operational by early 2026. "We are trying to make a new energy future for India," concluded Agrawal. "Sodium-ion batteries are India's opportunity to build a truly indigenous, scalable, and affordable energy storage ecosystem." Contact corporate@ Video: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
The Wire
4 hours ago
- The Wire
IIM Udaipur Confers Diplomas to 63 Graduates of PGDBAWE Program
UDAIPUR, India, July 21, 2025 /PRNewswire/ -- The Indian Institute of Management Udaipur hosted the Convocation for its Post Graduate Diploma in Business Administration for Working Executives – PGDBA-WE (Batch of 2023-25) on Saturday, 19th July 2025, at its pristine 300-acre campus at Balicha, Udaipur. The Convocation Address was delivered by Mr. Sumit Neogi, CHRO & Executive Committee Member for MEISA region at FedEx, who was the Chief Guest of the Convocation. The concluding address was delivered by Prof. Ashok Banerjee, Director, IIM Udaipur. The convocation was graced by Prof. Vijayta Doshi - Dean of Programs at IIM Udaipur, Prof. Amish Dugar - Chairperson of PGDBAWE and EMBA Programs, faculty & staff of IIM Udaipur, besides parents and relatives of the graduating batch. In this Convocation of PGDBA-WE, 63 students graduated with the gold medal for scholastic performance, awarded to Mr. Rahatul Ashafeen. The convocation ceremony began with a welcome address by Prof. Vijayta Doshi, Dean of Programs at IIM Udaipur. She warmly welcomed the graduating students, the chief guest, and other dignitaries, and reminded the graduates of their lasting connection to the institute. "Always remember that IIM Udaipur is your other home, and the doors of this institution will always remain open to you," she said. "You are now the brand ambassadors of IIM Udaipur—stay connected." In a compelling and deeply reflective address, Mr. Sumit Neogi shared five personal and professional stories that underscored timeless lessons in leadership, humility, and the value of staying connected to purpose. "Each story," he noted, "was either lived or learned—etched in my journey, shaped by others, or born from the cultures I've been part of." From learning that true respect stems not from the chair one holds, but from the person one is, to discovering how credibility must be earned afresh in every new role, the address weaved together anecdotes from early sales stints, boardroom challenges, and leadership turning points. One particularly powerful takeaway was the '24–48 Principle'—a reminder that policies shaped in comfort cannot serve those working in tougher, real-world conditions. Closing on a note of clarity and impact, he emphasised: "People don't worry about the shipment; they worry about where it is. Likewise, in leadership and service, it's not about what's promised, but about what's visible, reliable, and real." In his concluding address, Prof. Ashok Banerjee, the Director, reflected on the past year of growth at the institute and shared an inspiring message with the outgoing batch. He highlighted key milestones, including IIM Udaipur's continued presence in the prestigious Financial Times and QS Global rankings, and the extension of its AACSB accreditation for another six years. The institute also added several new faculty members and celebrated research achievements, with five publications in top-tier FT50 journals over the past year. On infrastructure, he shared the institute's pioneering step of using a Public-Private Partnership (PPP) model to expand facilities, making IIM Udaipur the first IIM to do so. Speaking directly to the graduating students, he urged them to continue learning, take risks, stay grounded in ethics, and become job creators rather than job seekers. "Lead with integrity and a sense of social responsibility," he said, "and remember that this institute will always be your home." He concluded by encouraging graduates to stay connected and contribute to the institute's future as proud alumni. About IIM Udaipur IIM Udaipur is well on its way to becoming a globally recognised B-School. It has broken new ground by focusing on world-class research and transforming students into tomorrow's managers and leaders. The Institute arrived on the global education stage by securing accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2024 for the 6th consecutive year, making it the only IIM to have achieved this feat. In the QS Global MIM Ranking 2025, IIM Udaipur stands as the 6th highest-ranked IIM and continues to maintain its listing for the 6th year in a row, reinforcing its global standing. Notably, it is also the youngest B-School in the world to be featured in both rankings. Additionally, IIM Udaipur ranks 4th in India for research in management, according to the UT Dallas methodology, which tracks publications in leading global journals, showcasing its excellence in academic research. Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
