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By Nishang Narayan
Published on January 26, 2025
The Purna Maha Kumbh, a once-in-144-years spiritual gathering, is set to welcome a record 400 million devotees this year. While this extraordinary festival reflects unity and devotion, it has a darker side—the frequent loss of children amidst the massive crowds. Past events have reported over 250,000 missing individuals, many of them children, raising critical concerns about safety and security.
In response to this urgent issue, DSP Mutual Fund, in partnership with Dentsu Creative Webchutney and Falco Robotics, has introduced Garuda Rakshak, a revolutionary drone-powered search-and-rescue system. Named after Garuda, the mythological protector bird, this innovative initiative combines technology, compassion, and precision to reunite lost children with their families.
Garuda Rakshak’s unique system operates offline, overcoming the network congestion challenges typical of high-density events like the Maha Kumbh. It integrates low-frequency radio bands, satellite tracking, and drone automation to pinpoint missing children.
Here’s how it works:
This seamless technology offers a lifeline for families navigating the chaos of the Kumbh, ensuring timely intervention and reunification.
Abhik Sanyal, Head of Marketing at DSP Asset Managers, remarked:"At DSP Mutual Fund, we believe that meaningful investments go beyond monetary returns. Backing Garuda Rakshak aligns with our ‘Invest for Good’ philosophy, ensuring that the most valuable returns come in the form of safety, hope, and smiles."
Gurbaksh Singh, Chief Innovation Officer at Dentsu Creative, highlighted:"By blending ancient wisdom with modern drone technology, we’ve crafted a solution that not only saves lives but also restores hope in moments of despair. It’s a testament to the transformative power of innovation driven by compassion."
Vishal Dixit, CEO of Falco Robotics, added:"Garuda Rakshak is uniquely designed to address the complexities of high-density events like the Maha Kumbh. The integration of drone technology with offline navigation ensures that every child can be reunited safely with their loved ones."
Garuda Rakshak not only reflects the power of technology but also underscores the importance of collective responsibility during large-scale events. This pioneering effort aims to protect the most vulnerable and bring reassurance to millions of families attending the Purna Maha Kumbh.
For DSP Mutual Fund, Dentsu Creative Webchutney, and Falco Robotics, this initiative is a significant stride in merging technology with humanity, marking a new era in crowd safety and humanitarian innovation.
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By Manu Vardhan Kannan
Published on September 13, 2025
Prime Minister Narendra Modi is set to inaugurate the 51.28 km-long Bairabi–Sairang railway line in Mizoram on September 13, marking a historic moment for the northeastern state. With this, Mizoram will be connected to Kolkata by train for the first time, significantly improving accessibility and connectivity.
The Kolkata–Sairang–Kolkata express train will operate three times a week, providing a vital link between the state capital and West Bengal. In addition, the Prime Minister will also flag off two more services, a weekly Rajdhani Express to Anand Vihar and a daily express train to Guwahati, officially bringing Aizawl onto the Indian railway map through its nearest station, Sairang.
Constructed at an estimated cost of ₹8,071 crore, the Bairabi–Sairang rail line is a feat of engineering that navigates Mizoram’s challenging hilly terrain. The route passes through 48 tunnels, 55 major bridges, 87 minor bridges, five road overbridges, and six road underbridges. Among the engineering highlights is a bridge that rises to a height of 114 metres, taller than Delhi’s iconic Qutub Minar by 42 metres. Adding cultural significance, the tunnels are adorned with local artworks that reflect Mizo heritage and traditions.
Officials emphasized that the project, part of the Central government’s Act East policy, is more than just an infrastructure development. It is expected to bring multiple benefits, including enhanced trade opportunities, improved inter-state travel, and a major boost to tourism in the region. “Through this project, Mizoram, long deprived of railway service due to its difficult geographical conditions, has now been gifted with direct connectivity close to Aizawl,” a railway official said.
Experts believe that this rail link will not only make travel easier but also spur socio-economic development. Raj Basu, convenor of the Association for Conservation of Tourism, noted that increased accessibility will attract more visitors from West Bengal and beyond. He highlighted Mizoram’s reputation as a safe, welcoming destination with strong women-led entrepreneurship, especially in homestays, which is drawing all-women tourist groups to the state.
Currently, Mizoram is connected to Kolkata only by air and road. With this new railway line, the “Land of Blue Mountains” is poised to emerge as a more accessible and attractive destination, paving the way for stronger tourism and cross-border opportunities.
SpiceJet has announced a significant financial settlement with Carlyle Aviation Partners, unlocking $89.5 million in fresh liquidity as part of its ongoing restructuring efforts. The agreement includes $79.6 million in cash maintenance reserves earmarked for future aircraft and engine upkeep, along with $9.9 million in maintenance credits to offset lease obligations.
In addition, certain lease obligations totaling $121.18 million will be restructured through the issuance of $50 million worth of equity shares. The settlement also includes a provision allowing a portion of proceeds, if exceeding $50 million from the share sale, to be applied toward offsetting future lease payments. Furthermore, promoters will retain the option to buy back these shares on mutually agreed terms after the statutory and contractual lock-in period.
Ajay Singh, Chairman and Managing Director of SpiceJet, said: “This agreement marks a significant milestone in our ongoing restructuring and un-grounding efforts. The support extended by Carlyle demonstrates their confidence in SpiceJet’s long-term prospects. This transaction meaningfully reduces our liabilities, strengthens our balance sheet, and positions us well for sustainable growth.”
The airline’s shares rose 3.84 percent to Rs 34.33 apiece on the BSE following the announcement. The deal comes at a critical time for SpiceJet, which has been struggling financially with more than half of its 54-aircraft fleet grounded, leaving only 21 operational. As of June-end, the airline had just Rs 333 crore in free cash, much of which has gone toward statutory dues such as GST, TDS, and provident fund payments.
SpiceJet has been working to stabilize operations by settling with lessors and restructuring certain debts into equity. The airline also completed a $24 million settlement with Credit Suisse in May 2022. Looking ahead, it plans to induct 10 Boeing 737 aircraft on short-term leases for the winter season, with discussions ongoing for further narrowbody and wide-body aircraft additions later this year.
Despite facing a historic domestic market share low of 1.9 percent and operational challenges including high cancellation rates and poor on-time performance, the Carlyle settlement provides a much-needed financial boost. The agreement is expected to help SpiceJet strengthen its position as it attempts to rebuild capacity and regain competitiveness in the Indian aviation market.
Published on September 9, 2025
Visakhapatnam is about to add a new landmark to its tourism map with the launch of India’s longest glass skywalk bridge at Kailasagiri Hills. The 55-metre-long structure, perched 862 feet above ground, will offer visitors panoramic views of the Bay of Bengal, the bustling city of Vizag, and the Eastern Ghats.
The new attraction has been designed with both thrill and safety in mind. Built with three layers of 40-mm thick tempered laminated glass imported from Germany, the bridge is supported by 40 tonnes of steel and engineered to handle up to 500 kg per square metre. The project, developed at a cost of INR 7 crore, also takes into account the region’s cyclone-prone climate, with the structure built to withstand wind speeds of up to 250 km/h.
While the bridge can technically accommodate over 100 people, entry will be carefully regulated for safety and visitor experience. Only 40 visitors will be allowed at a time, with each visit lasting between 5 and 10 minutes, ensuring everyone gets a chance to enjoy the walk.
The glass skywalk at Kailasagiri Hills surpasses Kerala’s Vagamon bridge, which measures 38 metres, making it the longest hanging glass bridge in the country. Its location was finalized after a detailed survey to ensure visitors get the most scenic vantage points.
The initiative was developed through a public-private partnership between the Visakhapatnam Metropolitan Region Development Authority (VMRDA), SSM Shipping & Logistics, and Bharat Mata Ventures, the creators of the Vagamon bridge. Alongside the glass skywalk, other attractions such as ziplining and sky cycling by RJ Adventures are also being introduced, turning Kailasagiri into a growing adventure hub.
The bridge is expected to be inaugurated soon, with final touches like lighting and safety checks underway. Once opened, it is anticipated to become one of the most popular attractions in the region, drawing tourists from across India and abroad to experience Vizag’s natural beauty from a whole new perspective.
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