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Showing posts from August, 2023

Scholarship winners Receive 'SavitriBai Phule' book from Ratna Nidhi charitable Trust & author Reeta Ramamurthy Gupta

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Ratnanidhi Charitable Trust Hosted a  Book Reading and Felicitation of 'SavitriBai Phule: Her Life, Her Relationships, Her Legacy' by Author Reeta Ramamurthy Gupta under their Mission Million Books program. These books were donated by the Tagore academy. 1 September 2023 ,  Mumbai . Rajiv Mehta of the  Ratna   Nidhi Trust , a  google.org  grantee and preferred CSR partner for India's top corporates held a special book distribution program under the aegis of Mission Million Books.   The event included a book reading and felicitation of scholarship winners with the bestselling book,  'SavitriBai Phule: Her Life, Her Relationships, Her Legacy', by none other than India's favourite  biographer, Reeta Ramamurthy Gupta.  Ratnanidhi Charitable Trust has consistently dedicated its efforts to alleviating poverty and spreading the light of education, particularly among the young children of Mumbai. Their Mission Million program, a far-reachin...

Discover the Secret of ‘Financial Success’ with ‘Growth Summit India’s’ 2nd season on September 1st, 2nd and 3rd in Mumbai

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Growth Summit India gears up for 2nd Season: 'Discover the Secret of Financial Success' with Esteemed Lineup of speakers Mr. Robert Kiyosaki, Mr. Aman Gupta, Mr. Sunil Tulsiani, Mr. Robert Allen, Sneh Desai, Ranveer Allahbadia, Dev Gadhvi, Coach Bsr, Dr. Sandeep Gupta & Rahul Jain at the prestigious summit that will be held on September 1st, 2nd, and 3rd in Mumbai, India.   Join us for an enriching three-day Summit, commencing on September 1st. Day 1 offers an exclusive meet & greet at the Taj Santacruz, where attendees can interact with luminaries like Mr. Robert Kiyosaki, Mr. Aman Gupta, Mr. Sunil Tulsiani, Mr. Robert Allen, and Sneh Desai. On September 2nd, the renowned lineup reconvenes at the Sardar Vallabhbhai Patel Indoor Stadium, unveiling the path to prosperity by delving into the secrets of financial success. Concluding on September 3rd at the Hotel Sahara Star, this transformative session promises deep insights.   For a comprehensive agenda and summit detail...

LIC celebrates its remarkable -67th Anniversary with outstanding performance.

LIC, India’s leading life Insurance company, is pleased to announce its remarkable 67th anniversary, symbolizing decades of trust, integrity and excellence in the Insurance industry. As we reflect on our journey, we take immense pride in the outstanding performance showcased in the past.  • Sustained leadership position after twenty plus years of liberalization of insurance sector with 62.58% market share in First Year Premium Income in FY23. • Massive distribution network spread across India positioned for further growth. • LIC continues to play a strategic role in inculcating a culture of insurance and savings across India. • Total 27.74 crore policies being serviced by LIC as on 31st March 2023. LIC has floated a Special Revival Campaign for lapsed policies with effect from 01.09.2023 for its valued policyholders. With a legacy spanning over Six decades,  LIC has witnessed tremendous growth and emerged as a key player in the Indian Insurance Market,  catering t...

Aeroflex Industries debuts at 83% premium; closes at 163 per share

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Mumbai, August 31, 2023: Aeroflex Industries Limited (‘Aeroflex” or “the Company”) is a manufacturer of environment friendly Metallic Flexible Flow Solution products, catering to global markets and exporting its products to more than 80 countries including Europe, USA and others, generating more than 80% of its revenue from exports makes a strong debut at 83% premium on the exchanges to close over Rs 163 per share. The scrip listed at Rs 197.40 per share on BSE, a premium of 82.78% and at Rs 190 per share on NSE, a premium of 75.93%. The company's share price closed at Rs 163.15 per share on the BSE, an 51.06% premium, and at Rs 163.60 per share on the NSE, an 51.48% premium. As per NSE, the total quantity traded stood at 360.98 lakh shares, on BSE the total Quantity stood at 33.15 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 694.75 crore.  The Market Capitalization of the Company at today’s closing price stood at Rs. 2109.86 Crore as per BSE and Rs. 2115.68 Crore as ...

Hyderabad based Bondada Engineering’s SME IPO debuts at 90% premium

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Mumbai, August 30, 2023: Hyderabad based infrastructure player Bondada Engineering Limited, engaged in the business of providing engineering, procurement and construction (“EPC”) services and operations and maintenance (“O&M”) services to its pan India customers operating in telecom and solar energy industry debuts on the exchanges at 90% premium. The company's share price closed at Rs 149.62 per share on the BSE SME, a 99.49% premium. As per BSE SME, the total quantity traded stood at 18.75 lakh shares. Total Turnover at BSE SME on Day 1 stood at Rs 27.50 crore.  Mr. Raghavendra Rao Bondada, Chairman and Managing Director - Bondada Engineering Limited, said " I extend my heartfelt gratitude to each of you for your unwavering support and trust in Bondada Engineering. Your investments will be crucial in propelling our success, and we are deeply appreciative of the confidence you've shown in our vision. Your partnership fuels our drive for excellence, and we remain commi...

Pro Govinda League to Unite Maharashtra in a Spectacular Celebration of Culture and Sports

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Mumbai, August 29, 2023  In a remarkable display of unity, culture, and sportsmanship, the Pro Govinda League is all set to kick off at the prestigious NSCI Dome Worli on August 31, 2023. This grand event, under the esteemed guidance of Chief Minister Shri Eknath Shinde, and with the unwavering support of Deputy Chief Minister Devendra Fadnavis and Deputy Chief Minister Ajit Pawar, promises to be a momentous occasion for the state of Maharashtra. The Pro Govinda League has garnered substantial support from the Government of Maharashtra, the Sports Department, and the Maharashtra Industrial Development Corporation (MIDC). This collaborative effort has led to the participation of 14 teams representing Mumbai and Thane, all vying for the coveted championship title. As a heartwarming gesture of inclusivity and solidarity, two exhibition matches have been organized - one for the women's group and another for the visually impaired group. These matches will showcase the true spirit of spo...

FIDC Announces Appointment of Mr. Umesh Revankar as New Chairman

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  Assumes Chairmanship for a 2-year Term Commencing 23rd August, 2023 Mumbai, 28th August, 2023: The Finance Industry Development Council (FIDC), the representative body of asset and loan financing of the NBFCs in India, has appointed Mr. Umesh Revankar as its new Chairman. The managing committee elected Mr. Revankar unanimously in a meeting convened in Mumbai. He currently holds the position of Executive Vice Chairman for Shriram Finance Ltd., and brings with him decades of experience and expertise in the financial services industry.  Mr. Umesh Revankar, the newly elected Chairman of FIDC, expressed his gratitude and enthusiasm for the opportunity. He stated, “It’s an honor to assume the role of Chairman at FIDC, an organization that plays a crucial role in shaping the financial services landscape of our country. I look forward to partnering with members and the community and contribute to the industry's growth and development during my tenure. FIDC’s commitment to fostering ...

ITC Foods introduces Aashirvaad Mithaas along with B Natural Beverage Range to celebrate Raksha Bandhan

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National 29 th  August 2023:  Raksha Bandhan, is a beautiful festival that celebrates the pure bond between siblings. Brothers and sisters pray for each other’s good health, well-being, and success. Showering each other with gifts on this occasion symbolises love and care they share. Gifting is an important part of the celebrations and brothers spend a lot of time, effort choosing the perfect gift for their sister and vice versa. To make the celebrations sweet and memorable, ITC Foods brands have introduced specially crafted traditional Indian sweets and delightful beverage range. ITC Foods products are synonymous in every Indian household and is known for its quality and variety of products. On this special occasion, ITC Foods has launched  Aashirvaad Mithaas,  traditional Indian packaged sweets. Under the brand two variants of Peda – Sahi Peda and Kesar Peda  are available. For Rakhi a special gift pack of Assorted Pedas will available to consumers priced at M...

Yuga Sports and Entertainment reveals logos of Pro Roll Ball league teams; player auction held ahead of exciting Season 1

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Mumbai, 27th August 2023: Yuga Sports and Entertainment, one of the leading sporting companies in the country, has revealed the logos and jerseys of eight teams that will be participating in the much-anticipated Season 1 of Pro-Roll Ball—India’s Premier high-speed league. The logos and jerseys were revealed to the respective eight franchise owners of Pro Roll Ball league in an action-packed event at ITC Grand Central, Parel, Mumbai. Pro Roll Ball is set to be the first-ever international league for the game of Roll Ball, an indigenous sport going global. Pertinent to mention here that international players from 17 countries will be participating in the adrenaline-packed 15-day action that will take place from November 20 to December 3, 2023. A press conference was also held on the occasion, which was attended by the host of the event Siddharth Mehta, Founder and CEO of Yuga Sports and Entertainment. During the exciting event, eight franchise owners walked up to a stage, wearing t-shirt...

Partnership of Life Insurance Corporation of India and Saraswat Cooperative Bank Ltd.

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Life Insurance Corporation of India in its effort to increase the penetration of life insurance through Bancassurance channel has recently tied-up with Saraswat Cooperative Bank Ltd., a scheduled bank headquartered at Mumbai.  The Bank has a vast network of 294 Branches as at 31/03/2023 spread over 6 states and is catering to over 2 million customers. It has also got a distinction of being India’s largest Urban Cooperative Bank. Citizens in general and customers of Saraswat Bank in particular will now have the opportunity of fulfilling their life insurance protection needs through the Bank itself by purchasing insurance products of LIC. Being the premier insurer of the country, LIC has plans for all segments of the society under its product basket of Annuity, ULIP, Term Insurance and Savings category. Recently LIC has launched a close ended Guaranteed Benefit plan “Dhan Vriddhi” which is available till 30th September, 2023 only, to persons of all age ranging from 90 days to 60 year...

Director Ram Kamal Mukherjee wins National Award for Ek Duaa.

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The director bagged Special Mention by Jury at 69th National Films Award announcement in New Delhi.  Internationally acclaimed filmmaker Ram Kamal Mukherjee won the coveted National Film Award for his short film Ek Duaa at the 69th National Film Award. Produced by Bollywood star Esha Deol, who also worked as lead cast in Mukherjee's film. "I am extremely happy to recieve this prestgious National Award for my film Ek Duaa. It was an overwhelming journey for me, and such recognition encourages me to work on subjects that I believe in," says Mukherjee, who is currently working on post production of his magum opus Binodiini Ekti Natir Upakhyan, and also writing screenplay for his next Draupadi.  Ek Duaa deals with social ordeals and issues that are often faced by women. This is a subject that will make people think and probably change their mentality also. The film had fetched many International awards and finally the highest honour from the Government of India makes this fil...

Vishnu Prakash R Punglia Ltd IPO subscribed 10.63 times on Day 2

Initial Public Offering of  Jodhpur-based Vishnu Prakash R Punglia Limited is an integrated Engineering, Procurement and Construction (“EPC”) company, which specializes in water supply projects (WSP)  was subscribed 10.63 times  on the second day of bidding.   The issue  received bids of 23,30,69,850 shares against the offered 2,19,30,000 equity shares, at a price band of ₹94-99, according to the data available on the stock exchanges.   Non-Institutional Investors Portion was the most subscribed with 19.39 times, followed by Retail with 12.88 times. Employee Section was subscribed 5.69 times, whereas Qualified Institutional Buyer Portion was subscribed 0.35 times. The  issue kicked off for subscription on Thursday, August 24, 2023 and will close on Monday, August 28, 2023.   A day prior to the opening of the issue, Vishnu Prakash R Punglia Ltd had raised Rs 91.77 crore from anchor investors. Foreign Investors and Domestic Institutions who particip...

Titan Eyecare's Quantum Leap: Strengthens its Presence in the Premium Category

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National, August 25, 2023: Over the past few years, Titan Eye+ has dedicated itself to commemorating Independence Day with a tradition of innovation, unleashing groundbreaking products that have left an indelible mark on the industry. With a legacy of remarkable launches such as Neo Progressives, Clearsight Lenses, Ultima, and the first version of Eye X, they have consistently pushed the boundaries of excellence.  This year Titan Eyecare division sets its sights on a future brimming with excellence, as they announce five marquee launches Zefr, Neo Sync Progressive lenses, DrivEZ lenses, Titan EyeX 2.0, Fastrack Vibes 2.0. These launches mark a significant milestone, underscoring the division's commitment to delivering world-class eyewear solutions that cater to the evolving needs of its discerning consumers.   Taking this success further ahead, the eyecare division is now foraying into its premiumization journey with the launch of Zefr, a new brand offering meticulously c...