Saturday, March 2, 2024

Hearing Screening for All Groundbreaking Event on World Hearing Day

AYJNISHD(D), Mumbai, under the Department of Empowerment of Persons with Disabilities, MSJ&E, Govt. of India will conduct free hearing screening of all, at the institute in Bandra West, Reclamation, from 10 am to 5 pm on 3rd March 2024. This public event aims to provide opportunities to all Indian citizens in any age group to undergo the hearing screening facility using state-of-the-art technology available at the institute free of cost. This is the first of its kind of event conducted by AYJNISHD(D) to provide information on the significance of hearing health in the community. 

It is a pioneering initiative aimed at promoting hearing health awareness and accessibility of screening services for all Indian citizens. With a commitment to inclusivity and community well-being, AYJNISHD(D) Mumbai invites individuals of all age groups to participate in this groundbreaking public event. Leveraging state-of-the-art technology, the institute will offer free hearing screenings to attendees, ensuring that everyone has the opportunity to assess their hearing health. This event marks a significant milestone in our ongoing efforts to promote hearing health awareness and accessibility to screening services to all Indian citizens, regardless of their age and to empower individuals to take proactive steps towards preserving their hearing abilities.

AYJNISHD(D) Mumbai is a leading institute dedicated to the assessment, intervention, vocational rehabilitation, and empowerment of individuals with speech and hearing disabilities, under the Department of Empowerment of Persons with Disabilities, (Divyanjan) Ministry of Social Justice and Empowerment, Govt of India, New Delhi, with a focus on research, education, and community outreach, the institute aims to enhance the quality of life for individuals with communication challenges and promoting inclusivity within society. For more information about ‘Hearing Screening for All’, please contact: Dr Mathew Martin - 9869993833


Dr. Raju Arakh

Director (Offg) 


REC and UNISED Join Hands to Empower Children’s Education in Siddharthnagar, Uttar Pradesh



Gurugram : REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, through it’s CSR arm REC Foundation  has partnered with the Unit of Science and Educational Development (UNISED) to support the education of ~75,500 children in Siddharthnagar district, Uttar Pradesh. Under its Corporate Social Responsibility (CSR) initiative, REC has committed financial assistance of Rs 9.91 crore towards this noble cause.

The Memorandum of Agreement (MoA) between the REC Foundation and UNISED was signed during a ceremony held in New Delhi. The agreement was finalized by Mr. Bhupesh Chandolia, Head of CSR at REC Foundation, and Ms. Rashmi Kumari, Assistant Programme Director at UNISED, solidifying their commitment to improving educational opportunities for underprivileged children.

UNISED, with its nationwide presence, is dedicated to revolutionizing education through innovative learning systems. As part of this collaboration, UNISED will implement solar energy-operated smart classes and establish joyful learning resource labs in government schools across Siddharthnagar district. This initiative aims to provide students with access to modern educational tools and resources, empowering them to excel academically and creatively.

Recently, REC Foundation, has demonstrated unwavering support for the education of 12,500 children of ex-servicemen, making a contribution of Rs 15 Crores to the Armed Forces Flag Day Fund.

About REC Limited –

About REC Limited: REC is a 'Maharatna' CPSE under the Ministry of Power, and is registered with RBI as Non-Banking Finance Company (NBFC), and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pumped Storage projects, Green Hydrogen, Green Ammonia projects etc. Recently, REC has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc. REC Ltd. provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Ltd. continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been a nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has also been made the nodal agency for certain States and Union Territories for the Revamped Distribution Sector Scheme (RDSS). REC has also been given the responsibility of PM Surya Ghar Muft Bijli Yojna from Central Government. The loan book of REC stands at Rs 4.97 Lakh Crore and Net Worth at Rs. 64,787 crores as on 31st Dec, 2023.


Shri Siddhartha Mohanty, Chairperson, LIC of India, today presented the cheque of Rs.2441,44,91,124/- being Interim Dividend to Smt. Nirmala Sitharaman, Hon’ble Union Finance & Corporate Affairs Minister


Dr. Vivek Joshi, Secretary, Financial Services, Ministry of Finance, GOI, Shri M P Tangirala, Additional Secretary, Financial Services, Ministry of Finance, GOI were present along with Shri J.P.S.Bajaj ,Zonal Manager(I/C),Northern Zone on this occasion.


Further, Smt. Nirmala Sitharaman, Hon’ble Union Finance & Corporate Affairs Minister also virtually inaugurated ‘LIC International Business Centre’ at GIFT City, Gandhinagar. This strategic move is aligned with LIC's commitment to providing world-class insurance and financial services on a global scale.

“WIAA’s WOMENS RALLY TO THE VALLEY”



 will be flagged-off from NSCI, Worli, on Saturday 9th March 2024.

 

The event is organized by WIAA to celebrate International Womens Day

 

The Rally will be run on Time, Speed, Distance, (TSD) format approved by FMSCI and will proceed to PUNE.

 

More than 75 entries have already been received for the Womens Car Rally.

 

WIAA is the oldest Motorsporting body in India having organized the FIRST RALLY in 1904 from Delhi to Bombay and has been organizing several Motorsporting events throughout the year.

 

NITIN DOSSA

EXECUTIVE CHAIRMAN

Friday, March 1, 2024

REC Successfully Lists Two Bonds on NSE & BSE Worth ₹2,500 Cr and ₹2,875 Cr


Gurugram : REC Limited, a Maharatna CPSE under the Ministry of Power, has successfully listed two bonds on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). These two bonds are worth ₹2,500 crore and ₹2,875 crore, with maturity periods of 10 years and 3 years 2 months respectively.

Salient features of these bonds – 

The redemption dates for these bonds are April 30, 2027, and February 28, 2034, respectively. 

The tenure of both bonds is 3 years and 2 months, and 10 years and 5 days, at yields of 7.64% and 7.47%, respectively.

The funds raised through this private placement are not meant for any specific project; therefore, the proceeds of this issue shall be utilized for regular business activities. 

These bonds are rated IND AAA by IRPL and ICRA AAA by ICRA.

Shri Vivek Kumar Dewangan, CMD, REC Limited, expressed his enthusiasm, stating, "The successful listing of these bonds underscores REC Limited's commitment to innovation and financial prudence. We are dedicated to leveraging these funds to further our mission of empowering India through sustainable power and Infrastructure solutions.


About REC Limited –

About REC Limited: REC is a 'Maharatna' CPSE under the Ministry of Power, and is registered with RBI as Non-Banking Finance Company (NBFC), and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pumped Storage projects, Green Hydrogen, Green Ammonia projects etc. Recently, REC has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc. REC Ltd. provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country. REC Ltd. continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been a nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has also been made the nodal agency for certain States and Union Territories for the Revamped Distribution Sector Scheme (RDSS). REC has also been given the responsibility of PM Surya Ghar Muft Bijli Yojna from Central Government. The loan book of REC stands at Rs 4.97 Lakh Crore and Net Worth at Rs. 64,787 crores as on 31st Dec, 2023.



Gopal Snacks Limited’s Initial Public Offering to open on Wednesday, March 06, 2024, sets price band at ₹381 to ₹401 per Equity Share


Mumbai, March 01, 2024: Rajkot-based Gopal Snacks Limited (the “Company") has fixed the price band at ₹381 to ₹401 per Equity Share of face value of ₹1 each for its initial public offer.  The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, March 06, 2024, for subscription and close on Monday, March 11, 2024. Investors can bid for a minimum of 37 Equity Shares and in multiples of 37 Equity Shares thereafter.

The issue is entirely an offer for sale aggregating up to ₹650 crore. 

Gopal Snacks Limited (“Company”) is a fastmoving consumer goods company in offering ethnic snacks, western snacks and other products under our brand ‘Gopal’. It was established as a partnership firm in 1999 and subsequently incorporated as a company in 2009. 


The company offer a wide variety of savoury products under the brand ‘Gopal’, including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruder snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi which are semi-perishable in nature.


As of September 30, 2023, product portfolio comprised 84 products with 276 SKUs across its various product categories, thereby addressing a wide variety of tastes and preferences. The company have expanded their footprint across India, with their products being sold over 523 locations in ten States and two Union Territories. The Company’s distribution network comprises of three depots and 617 distributors, complemented by its sales and marketing team comprising 741 employees.


The Company operates six manufacturing facilities in India, two of the three of primary manufacturing facilities located in Rajkot and Modasa in Gujarat and one in Nagpur, Maharashtra. Three ancillary manufacturing facilities located in Rajkot (I,II) and Modasa. The ancillary manufacturing facilities located in Gujarat focuses on producing besan or gram flour, raw snack pellets, seasoning and spices which are primarily used for captive consumption in the manufacturing of finished products such as gathiya, namkeen and snack pellets at their primary manufacturing facilities.


The Offer is being made through the Book Building Process, wherein not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Investors and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Investors.


Intensive Fiscal Services Private Limited, Axis Capital Limited and JM Financial Limited are Book Running Lead Managers to the Offer and Link Intime India Private Limited is the Registrar to the Offer. The Equity Shares are proposed to be listed on BSE and NSE. 

Notes for Reference: 

Issue Size of the IPO based on the upper and lower end of the price band

Offer for Sale  

Lower Band (@ Rs 381) Rs 650 crore

Upper Band (@ Rs 401) Rs 650 crore


Victim of Indian Court are invited to meeting on Saturday 2nd March 2024 at YOGI SABHAGRUH DADAR EAST, 10 am To 12.30 pm.

 


ALL ARE WELCOME.


SOLUTION TO HOMELESS ISSUE


SOLUTION TO RENT NOT PAID 


SOLUTION TO PAIDFOR FLAT BUT NO POSSESSION RECD.


SOLUTION TO EMI WITHOUT POSSESSION. 


COLLECTIVE FIGHT.


COLLECTING DATA. 


CASE ON SUPREME COURT AND GOVERNMENT OF BHARAT.


REASON


FAILED TO DO JUSTICE IN TIME.


FAILED TO PROTECT CITIZENS FROM LOITERS BY GOVERNMENT.


JUDICIARY AND GOVERMENT BOTH ARE USELESS AND INEFFECTIVE.