Saturday, September 30, 2023

FANS UNITE GLOBALLY TO CROWN ‘BLAZE’ AND ‘TONK’ AS ICC MASCOTS AHEAD OF MEN'S CRICKET WORLD CUP 2023

September 30, 2023: The International Cricket Council (ICC) is thrilled to announce that 'Blaze’ and ‘Tonk’ have been unanimously chosen as the names for the mascot duo ahead of the first cricket event they will attend, the Men’s Cricket World Cup 2023 where they will look to engage and entertain cricket fans. The dynamic pair of brand mascots, symbolizing the unity and spirit that cricket fosters globally, were introduced at a launch event back in August. Fans were invited to be part of the process by suggesting names for these iconic characters through a worldwide fan poll held over the past month.

 

‘Blaze’, the female mascot, wields a turbo-powered arm that propels fireballs with lightning speed, leaving even the most audacious batters in sheer amazement. Her extraordinary pinpoint accuracy, unmatched reflexes, boundless flexibility, and unwavering determination make her an exceptional fast-bowling sensation. Adorned with a belt carrying six power cricket orbs, each meticulously prepared for various game-changing tactics, Blaze stands ever-ready to ignite the game.

 

‘Tonk’, the male mascot, radiates a unique blend of icy-cool composure and electrifying batting prowess. His every shot, ranging from stealthy finesse to boundary-crushing sixes, reverberates with an electrifying force that captivates audiences worldwide. With his electromagnetic bat and versatile shot repertoire, ‘Tonk’ promises to elevate the excitement, lighting up the stage and electrifying the cricket pitch with every stroke.

 

The ICC Men’s Cricket World Cup, returning to Indian shores after more than 12 years, gets underway on 5 October and concludes on 19 November, 2023. The mascots are all set to captivate fans during the course of the tournament. They'll make appearances at match-days and fan parks, creating an electrifying atmosphere. Additionally, a uniquely stylized roadshow, reminiscent of Canter-style displays, is on the horizon for each host city. This whirlwind tour of excitement spans 45 action-packed days, covering 10 vibrant host cities across India, from 1 October, 2023, to 12 November, 2023.


Source link to the official release: https://www.icc-cricket.com/news/3705587 

 

*Note: The fan vote contributed to the decision making of the naming of the mascots alongside cultural and linguistic experts.

Friday, September 29, 2023

NABARD Successfully Lists First of Its Social Bonds with A Size of Rs 1040 Crores on BSE


Funds raised through these Bonds will be used to provide essential financing to bolster ‘Jal Jeevan Mission in Telangana

Five critical projects under the NIDA for Jal Jeevan Mission have already been sanctioned by NABARD amounting to a total investment of ₹5,416.675 crores. 

NABARD will continue to expand its offerings with 'Sustainability Bonds' and 'Green Bonds' in the near future

29th September 2023, Mumbai: The National Bank for Agriculture and Rural Development (NABARD) announces the successful listing of its ‘Social Bonds’ on the Bombay Stock Exchange (BSE). The bonds received positive response from the market as the issue was oversubscribed 2.86 times. The funds raised through this offering will be used to refinance the essential financing provided for the drinking water projects under the Jal Jeevan Mission in the state of Telangana. The decision was taken after an extensive consultation with KPMG and other stakeholders.

Mission Bhagiratha under the Jal Jeevan Mission, an ambitious initiative by the Government of Telangana, focuses on delivering safe, sustainable, and treated drinking water to both rural and urban areas across the state. NABARD has already sanctioned five critical projects under the National Infrastructure Development Authority (NIDA) for Mission Bhagiratha, amounting to a total investment of ₹5,416.675 crores. 

Emphasizing on the significance of this listing, Chairman of NABARD Shri Shaji K V said, "NABARD, the largest development financial institution, predates the concept of ESG before it has been in vogue. He emphasised that this issue of social bond is one small step for NABARD but a giant leap for the Indian rural economy. For the growth of the economy, we must now look to rural areas through credit, capacity building and making the rural economy ready for the private investments to flow in. NABARD continues to be the leader in the bond market and the organisation is now focussing on documenting the impact and in turn ensuring transparency and is on the right path to list the Green bonds by the end of FY23-24. The Chairman also suggested that the government could consider bringing in incentives for the investors of Social and Green bonds to boost the subscriber interest in such bonds. I urge the market participants to ensure that the investments are also directed to the rural markets to ensure access to innovative capital market solutions to the rural masses for which NABARD shall be taking the leadership role and in turn ensure democratisation of access to the rural population.

As India's apex developmental financial institution, NABARD is leading the way in sustainable finance. NABARD recently announced a Sustainable Bond Framework, which seeks to finance and refinance new or existing eligible green and social projects. Following the listing of social bonds, NABARD plans to expand its offerings with 'Sustainability Bonds' and 'Green Bonds' in the near future. Social bonds have gained prominence worldwide as a powerful tool to fund projects that generate both financial returns and social benefits. However, their prominence in India is still in a nascent stage. 

While highlighting NABARD's mission to create a positive impact on communities through sustainable finance, Shri Alok C. Jena, Chief General Manager, Financial Department, NABARD said, “Listing of this social bond would rededicate ourselves to promote projects that not only generate financial returns and also create lasting social values. It does reflect our commitment in addressing critical challenges in rural India. With the funds raised through this initiative, we intend to further support projects that contribute to environmental conservation, energy efficiency, and the mitigation of climate change effects. Our bond investors are not merely stakeholders they are partners in our mission to create positive social impact. Our objective would be to sensitize our investors, which would get translated into yield advantages at least 10bps vis-à-vis our normal bonds. I think that comes from investor sensibility towards social bond, green bond or our bond which has specific purpose especially in our domestic market.”

The funding status of these projects is as follows:

Sr. No. State Sanction Amount Disbursed Amount O/S as on 10.07.2023

1 Telangana 1976.80 1526.56 990.85

2 Telangana 1168.00 1051.86 723.15

3 Telangana 794.40 610 406.67

4 Telangana 853.675 737.51 508.5

5 Telangana 623.80 533.31 477.76

Total 5416.675 4459.240 3106.930


The successful listing of NABARD's Social Bonds marks a significant step toward mobilizing funds for Jal Jeevan Mission while promoting broader social objectives. This achievement is expected to:

Encourage investments in sustainable projects.

Attract socially responsible investors.

Foster the growth of the green and social bond market in India.

Showcase NABARD's leadership in promoting sustainable finance.

These Social Bonds exemplify NABARD's commitment to addressing social issues and achieving positive outcomes for marginalized populations and communities. 


About NABARD:

The National Bank for Agriculture and Rural Development (NABARD) is an apex development financial institution in India. Established on 12 July 1982, with headquarters in Mumbai, NABARD operates with a mission to promote sustainable and equitable agriculture and rural prosperity through effective credit support, related services, institutional development, and other innovative initiatives. NABARD plays a crucial role in fostering rural development, empowering farmers, and catalyzing the growth of the rural economy.

Cotigao Village in Goa wins Bronze Award for Best Tourism Villages of India 2023


Panjim, 29th September 2023 - It is indeed a proud moment for the state of Goa as Cotigao Village has won the award for the Best Tourism Villages of India 2023. This recognition was achieved under the Bronze category at the Best Rural Tourism Competition 2023 presented by the Central Nodal Agency for Rural Tourism and Rural Homestay, under the Ministry of Tourism, Government of India.


Out of a total of 795 applications received from 31 States/Union Territories, Cotigao Village stood out as a shining example of excellence and best demonstration of the values and practice of rural tourism. It has been recognized for its outstanding contribution to promoting rural tourism in India and upholding the principles of the Best Tourism Village Competition.


Central Nodal Agency for Rural Tourism and Rural Homestay, under the Ministry of Tourism, Government of India organized the Best Rural Tourism Competition 2023. The event is part of the global launch of “Travel for Life'' organized by the Ministry of Tourism in collaboration with the Ministry of Environment, Forest and Climate Change, The United Nations World Tourism Organization, and the United Nations Environment program. The purpose of this event is to acknowledge the outstanding contributions of villages and also mark the initiation of the Best Rural Tourism Village Competition 2024 and the Best Rural Homestays Competitions 2024.


The Best Tourism Village Competition focuses on the nine pillars that drive sustainable rural tourism development. Cotigao Village has excelled in these areas, showcasing its commitment to preserving its cultural heritage, promoting local community involvement, and providing economic opportunities through sustainable rural tourism. This achievement reflects the dedication and hard work of the community and the local authorities in Cotigao Village.


The award recognizes Cotigao Village as a model rural tourism destination, demonstrating the potential for tourism development in rural areas that showcase the rich cultural heritage and natural beauty. It serves as an inspiration for other rural communities across the country to follow suit and embrace sustainable tourism practices.


The Ministry of Tourism, Government of India, congratulates Cotigao Village on this remarkable achievement. The Best Rural Tourism Competition 2023 is a testament to the Ministry's efforts in promoting rural tourism and empowering local communities to become active stakeholders in the tourism sector.


This recognition will surely boost the tourism industry in Cotigao Village and attract more visitors who are seeking authentic rural experiences. It will not only contribute to the local economy but also encourage the preservation of the region's unique cultural heritage and natural resources.


About the Central Nodal Agency for Rural Tourism and Rural Homestay: The Central Nodal Agency for Rural Tourism and Rural Homestay, under the Ministry of Tourism, Government of India, is responsible for promoting and developing rural tourism in the country. Its aim is to empower rural communities, preserve cultural heritage, and promote sustainable tourism practices in rural areas.



Airtel Delivers Best Mobile Live Video Streaming Experience in Wankhede Stadium, Mumbai

Mumbai, 29th September 2023, Bharti Airtel users enjoy the brilliant network experience and fastest upload speeds across International Cricket Council (ICC) World Cup 2023 stadiums, according to an Opensignal report. Ahead of the ICC World Cup which is set to commence on October 5th, Opensignal examined mobile network experience across all the stadiums to assess the performance of Indian mobile operators. On the 5G network specifically, Airtel delivered the best experience with voice apps in Wankhede Stadium, Mumbai


According to the report, Airtel performed best compared to other operators in the quality of mobile live video streaming experience across 40 largest cities in India by population, in majority of these cities for overall Live Video Experience as well as for 5G Live Video Experience.

On mobile speeds in the stadiums, Airtel delivered overall download speeds of 30.5 Mbps and 5G download speeds of 274.5 Mbps. Airtel topped in the upload speeds in both overall and 5G upload speeds with 6.6 Mbps and 26.3 Mbps, respectively. Airtel's upload speeds are 5.2 percent higher than Jio and 13 percent higher than Vodafone Idea.

Airtel users were able to spend 98.6 percent of their time connected to a better mobile network and 20.7 percent of their time with a 5G signal across ICC Cricket 2023 World Cup stadiums in India. Coming to Voice Apps Experience, Airtel scored 78.2 on a scale of 100, while scoring the highest percentage of 83.3 on 5G Voice App Experience.

Airtel dominates the charts in overall live video streaming experience in 40 largest cities in India by population. Airtel tops in 23 cities, beating its rivals outright in 9 cities. In comparison, Jio is top in 22 cities, coming first in nine cities, and Vi is in 15 cities, beating every major operator in two cities (Lucknow and Mumbai).

On 5G Live Video Experience, according to the report, Airtel is leading with users enjoying top live video streaming experience on 5G in 36 out of 40 cities, of which it beats Jio outright in 11 cities. Airtel users were able to enjoy the best experience overall and 5G mobile live video streaming in Aurangabad, Indore, Jaipur, Nagpur, Nashik, Pimpri-Chinchwad, Pune, and Vasai Virar.

The data samples were collected from March 1, 2023 to August 28, 2023 by OpenSignal, and this analysis includes data collected within 1000m from stadium coordinates.



About Airtel: Headquartered in India, Airtel is a global communications solutions provider with over 500 Mn customers in 17 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel’s retail portfolio includes high speed 4G/5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data center services, cyber security, IoT, Ad Tech and cloud based communication. For more details visit www.airtel.com/


Apna.co collaborates with Generation India Foundation and AWS re/Start to provide new cloud talent for India’s tech industry

New Delhi, Sep 29, 2023: apna.co has announced a collaboration with Generation India Foundation, non-profit organization preparing people for life-changing careers, to create employment opportunities for graduates from the Amazon Web Services (AWS) re/Start program. Apna will work with graduates to build professional skills, and connect them to technology and cloud related jobs via its platform. The collaboration will help meet industry demand for IT and cloud talent across India.  


Apna’s mission is to empower professionals and bridge India’s talent gap. By leveraging its expansive network of employers, apna will facilitate a seamless integration of AWS re/Start graduates into the job market.  AWS re/Start graduates will be able to utilize Apna’s unique platform features to showcase their skills and experience directly to recruiters who are looking to fill entry-level tech roles at organizations across the country. 


This collaboration comes at a time when the demand for skilled professionals is increasing across many industries. Gallup research, commissioned by AWS, found that nearly all tech (99%) and non-tech (96%) workers in India are “extremely” or “very interested” in participating in digital skills training. However, 62% of tech and 50% of non-tech workers in India say “lack of time” is the biggest barrier to upskilling. 


AWS re/Start is a free workforce development program for unemployed and underemployed individuals and covers entry-level cloud skills training as well as practical career tips, including resume writing and interview preparation. Through real-world scenario-based exercises, labs, and coursework, learners are trained on multiple technologies, including Linux, Python, networking, security, and relational databases. The program also covers the cost for learners to take the AWS Cloud Practitioner Certification exam, an industry-recognized credential that validates their cloud skills and knowledge. 


"In today's fast-paced world of technology, there is growing demand for a skilled workforce to meet industry needs. AWS, being a frontrunner in the tech industry, is a hub for cutting-edge innovation. Through our collaboration with the Generation India Foundation and the AWS re/Start program , we are empowering aspiring professionals and helping bridge the gap between talent and the demand for skilled workers in India’s tech industry," said Nirmit Parikh, Founder & CEO, apna.co.


“AWS re/Start brings “net-new” talent into the workforce, helping individuals to launch successful cloud careers, organizations to increase their competitive edge with in-demand talent, and communities to thrive and grow. We are excited to collaborate with apna to create a diverse, robust cloud workforce of the future, allowing organizations to accelerate their innovation with cloud,” said Amit Mehta, Head of Business Development for Education & Training, Amazon Web Services India Private Limited.


“This collaboration with apna and AWS re/Start will help transform the job landscape, providing aspiring professionals with unparalleled access to exciting and important career opportunities in tech. We are excited to work with apna and AWS to transform the way talent is discovered, nurtured, and connected with employers, ultimately shaping the future of the job market in India,” said Arunesh Singh, CEO, Generation India Foundation


AWS re/Start’s collaborating organizations support underrepresented groups, minorities, displaced individuals, indigenous populations, refugees, young adults, and more.  The program currently operates in over 180 cities across more than 60 countries, and connects 98% of graduates with employment opportunities. 


To  learn more about AWS re/Start, visit - https://aws.amazon.com/training/restart/ 

 

To learn more about Generation India, visit - https://india.generation.org 


To learn. more about apna visit - https://apna.co/ 


About apna.co

Founded in 2019, apna.co is India’s largest jobs and professional networking platform dedicated to helping India’s workforce to unlock unique professional networking and skilling opportunities. With a mission to solve the earth-scale problem of unemployment in the country, Apna aspires to empower and provide a level playing field for all job seekers across industries and employment roles. With more than 40 million users in 70-plus cities and counting and more than 545,000 employers that trust the platform, India has a new destination to discover relevant opportunities.


About Generation India Foundation

Generation is a nonprofit organization established with the aim of transforming education to employment systems to better prepare and support people for life-changing careers. Generation India Foundation (GIF) was launched in 2015 to tackle the dual challenges of a lack of trained workforce and non-employability of large sections of India's youth. As of now, 20,000+ learners (58% female) have been trained in India so far. 


Shreyas Shipping & Logistics Limited Delisting Offer: Promoter, Transworld Holdings Limited presents a counter-offer of INR 400 per Equity Share

 Transworld Holdings Ltd ("THL"), the promoter of Shreyas Shipping has presented a counter-offer at a price of INR 400.00 per Equity Share as part of the delisting process. As per SEBI Delisting Regulations, the counter-offer price provided by THL is above the book value of the company as on June 30, 2023 i.e. 373.48. In accordance with the revised SEBI norms, promoters or acquirers have the option to reject the discovered price or present a counter offer. 

NovaaOne Capital Pvt. Ltd., a SEBI-registered Merchant Banker, is acting as the Manager to the Offer to Transworld Holdings Limited on the delisting process. JSA Advocates & Solicitors are acting as legal advisors in connection with the Offer. 

Shreyas Shipping & Logistics Limited successfully completed the book building process for delisting the company from the stock exchanges. The bidding period for reverse book building started on September 20, 2023 and ended on September 26, 2023. The promoters were able to achieve more than 90% of shareholding even after having majority of shareholders being retail shareholders. About 4.3 million shares were tendered by the shareholders surpassing the minimum requirement of 4.07 million shares.  The discovered price as per reverse book building process was Rs. 890.0. The number of Equity Shares successfully bid at or below discovered price were 40,73,075 which amounted to 18.55% of the total issued capital and 18.76% of the remaining shares.

THL, had previously offered to acquire the shares of the company from public shareholders at an indicative revised price of Rs. 375. The floor price determined as per Delisting Regulations was INR 292.00. All the Public Shareholders holding Equity Shares were eligible to participate in the Counter-Offer in accordance with the procedure set forth in the counter offer documents. 

According to stock exchange filing, Promoter and Members of Promoter Group Shareholding comprised 1,54,66,650 shares which amounted to 70.44% of the total issued capital and 71.25% of the remaining shares.

THL had announced its intention to voluntarily delist the equity shares of its Indian subsidiary, Shreyas Shipping & Logistics Ltd. ("SSL") vide Initial Public Announcement dated May 21, 2023. The Delisting Offer is in accordance with Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021 ("Delisting Regulations"), from NSE and BSE on which SSL's equity shares are listed ("the Offer"). THL obtained in-principle approval for the proposed delisting from Bombay Stock Exchange and The National Stock Exchange of India on September 07, 2023

Thursday, September 28, 2023

EUTELSAT AND ONEWEB MERGES TO CREATE WORLD’S FIRST GEO- LEO SATELLITE SPACE CONNECTIVITY COMPANY

           


                                

  • Bharti Enterprises to be the largest shareholder in the merged entity with 21.2 share.
  • Mr. Sunil Bharti Mittal to be the Vice-Président (Co-Chair) and Mr. Shravin Bharti Mittal to be a Director on the Board of Eutelsat Group.
  • Mr. Akhil Gupta to continue as a Director on the Board of OneWeb.

 

New Delhi, 28 September 2023: Eutelsat Communications SA (Euronext Paris: ETL) (the “Company”), one of the world's leading satellite operators, today announced the completion of its all-share combination with OneWeb, the global low Earth orbit (LEO) satellite communications network, following the approval of the Ordinary and Extraordinary General Meeting of Eutelsat shareholders.

 

Headquartered out of Paris, the merged entity will have Bharti Enterprises as its largest shareholder with 21.2% share. Bharti Group is committed to be a long-term strategic investor in the Eutelsat Group. Mr. Sunil Bharti Mittal will be the Vice-Président (Co-Chair) and Mr. Shravin Bharti Mittal, who spearheaded the OneWeb investment, taking it out of Chapter 11, will be Bharti’s lead as a Director on the Board of Eutelsat. Mr. Akhil Gupta will continue to serve as a Director on the Board of OneWeb, now a 100% subsidiary of Eutelsat.

 

OneWeb will be a subsidiary operating commercially as Eutelsat OneWeb with its centre of operations remaining in London. The Company remains listed on the Euronext Paris Stock Exchange and has applied for standard listing on the London Stock Exchange.

Christened as the Eutelsat Group, the new entity will be the first GEO-LEO integrated satellite group, transforming space communications and addressing the fast-growing connectivity market.

 

Sunil Bharti Mittal, Founder & Chairman of Bharti Enterprises, Vice-Président (Co-Chair) of the Board of Directors, Eutelsat Group, commented: “Closing the digital divide is a critical mission for achieving the UN Sustainable Development Goals and this combination will synergize the efforts of both the businesses and will accelerate our progress. I want to thank everyone who has made this possible. Today we have created a company, which will bring connectivity to all people around the world and will help us achieve our mission of last-mile connectivity.

 

Bharti is excited about providing services in India later this year and importantly, reaching other countries in the global south to provide broadband connectivity to those who are deprived of being a part of the Digital Revolution.”

 

Wednesday, September 27, 2023

Indian High Fashion & Jewellery Shine at GJEPC's 'Jewels UnBounded' in Hong Kong


GEM AND JEWELLERY EXPORT PROMOTION COUNCIL

GJEPC’s brand ambassador former Miss World Manushi Chhillar walked the ramp as showstopper for ‘Jewels UnBounded’


Hong Kong, 27th September 2023: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, hosted a historic event - "Jewels UnBounded - a one-of-a-kind showcase in Hong Kong on the evening of September 21, 2023. The event showcased India's rich and diverse range of gemstones, jewellery, and textiles to the discerning buyers from across Asia, highlighting the unique strengths in product engineering, design innovation, and manufacturing expertise within both the gems and jewellery and textiles sectors.


Supported by Consulate General of India, Hong Kong, and Department of Commerce, Government of India, this scintillating event, Jewels Unbounded, was timed concurrently with the September Hong Kong Jewellery & Gem Fair, a significant industry gathering that attracts buyers from the entire spectrum of Asia, all seeking to acquire the finest gems and jewellery offerings.  Associate partner for the GJEPC’s Jewels UnBounded was ENTICE by KGK.


 


The event was graced by distinguished guests, including H.E. Mr. Pradeep Kumar Rawat, the Ambassador of India to the People's Republic of China, accompanied by Mrs. Shruti Rawat, as well as Ms. Satwant Khanalia, serving as the Consul General at the Consulate General of India in Hong Kong, Mr. Kent Wong, the Managing Director of Chow Tai Fook. Additionally, Mr. R. Arulanandan, the Director of the Department of Commerce, Government of India, joined the gathering, along with Mr. Vipul Shah, the Chairman of GJEPC, Mr. Kirit Bhansali, Vice Chairman of GJEPC, and Mr. Sabyasachi Ray, the Executive Director of GJEPC.


H.E. Mr. Pradeep Kumar Rawat (Ambassador of India for People's Republic of China), said, “Gems & jewels are a wonderful storehouse of value and good investment - there is no other asset-class that can store so much unparalleled value. They are also a storehouse of memories given as legacy by our family members and symbolize relationships. Imagine the power of such gem & jewellery treasures in India, which is one of the most ancient civilizations of the world. As the mother of democracy, India is a responsible civilisation and advocates sustainability and fraternity as encapsulated in the term ‘Vasudhaiva Kutumbakam’ meaning ‘the World Is One Family’. Deepen your engagement with India through gem & jewellery and start the journey with new thought and new vigour."


 

Ms. Satwant Khanalia, the Consul General at the Consulate General of India in Hong Kong said, “I would like to commend the Gem & Jewellery Export Promotion Council of India for the aptly timed show organised with the support of the Department of Commerce, Govt. of India, that shines a spotlight on the strengths of the Indian sectors of Gems and Jewellery and haute couture. It is no coincidence that diamonds, gems and jewellery constitute 90% of India’s commodity exports to Hong Kong, which functions as the hub for further re-exports in this region. Be it natural or lab grown diamonds, precious or semi-precious stones, gold or silver jewellery, India is a world leader in all. Indian haute couture showcasing our tie & dye techniques, kantha, applique, ikat, phulkari, chikankari and countless weaves and styles, are unparalleled in beauty and rich in history. Today’s show combines the best of both these worlds, and I am confident this will raise the profile of India in the gems and jewellery and fashion sectors.”


Mr. Vipul Shah, Chairman, GJEPC, added, “The gem and jewellery trade between India and Hong Kong has remained robust, culminating in a total trade value of USD 15.56 billion in 2022. For India, Hong Kong has been the second largest gem and jewellery export destination accounting for USD 8.63 billion in 2022. Cut and polished diamonds, with an export value of USD 5.15 billion, form a significant portion of this trade. Alongside, we see the export of silver jewellery, gold jewellery, coloured gemstones, and polished lab-grown diamonds gaining prominence.


“Hong Kong has primarily been a market for loose diamond for India. However, the introduction of "Jewels Unbounded" signifies a significant shift in our approach. This event is a concerted effort to spotlight India's evolving capabilities in designing and manufacturing fine jewellery specially for this part of the world. India can offer a diverse range of cutting-edge products meticulously tailored to meet the discerning tastes and specific requirements of the Asian markets.”


Mr. R. Arulanandan, Director, Department of Commerce, Union Ministry of Commerce & Industry, Government of India, said, “Hong Kong is India’s second-biggest market for gems & jewellery exports. UnBounded Jewels is a testament to India’s superlative jewellery craftsmanship skills and gem-cutting expertise, that will showcase India’s mastery in the gem & jewellery domain at a spectacular jewellery and fashion show. The Govt. will continue to facilitate exporters by providing a conducive business environment.  After the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and India-Australia Economic Cooperation and Trade Agreement (ECTA), the Govt. is also negotiating FTAs with the UK, EU, Gulf Cooperation Council (GCC), Israel, and Southern African Customs Union (SAU). GJEPC has done a commendable job since its inception, taking the Indian gem & jewellery industry to become one of the top exporters in the world. Today, we are the preferred destination for the world when it comes to sourcing of gems & jewellery.”


Mr. Kent Wong, MD, Chow Tai Fook, said, “It's a great honour for me to be your guest this evening. I express my heartfelt gratitude to GJEPC and the Consul General of India in Hong Kong for extending an invitation to the prestigious event. India has undoubtedly played a significant role in the gem and jewellery industry globally and GJEPC is actively cultivating connections with international markets. Hong Kong is the world's main financial hub and is, recognised for its free trade policy and no trade barriers. I firmly believe that together we possess the potential to generate greater success.”


GJEPC’s global brand ambassador Ms. Manushi Chillar, former Miss World, said, “Jewels UnBounded is a highlight of the artistry, creativity, diversity & modernity that define India’s jewellery industry. Through Jewels Unbounded, we are celebrating the magical union of fashion and jewellery. Every piece of jewellery reflects the skill and creativity of its maker. But beyond that, every piece carries with it a sense of tradition, culture, and history that connects us all. At GJEPC, we would like to say 'If it can’t be made anywhere, it can be Made in India', which is just another way of saying that 'India remains a land of limitless opportunity, and exciting future possibilities'.”


India is a treasure trove of unique designs and craftsmanship as well as also a reliable and strategic business partner. The Indian industry has embraced technological advancements, incorporating automation, innovative designs, and sustainable practices. The audience for Jewels UnBounded show included gem & jewellery buyers visiting the show from prime markets of South East Asia; traders, best of business and corporate executives from Hong Kong; associations, Chambers of Commerce, media representatives, Consul Generals and members of the Consular Corps, HNIs making it a fascinating platform for networking and collaboration.


Apart from this, India was also part of the Hong Kong show. The India Pavilion proudly showcased the talent and skill of the Indian exhibitors and artisans. India Pavilion featured 149 booths spread over 1452 sqm, occupied by 115 exhibitors showcasing a wide array of jewellery spread over two venues of the HKCEC and Asiaworld expo.


India's gems and jewellery sector has been a major contributor to the country's Foreign Exchange Earnings.  The Government of India views the sector as a thrust area for export promotion.  The Indian government presently allows 100% Foreign Direct Investment (FDI) in the sector through the automatic route. In 2022-23, the Gem & Jewellery sector accounted for 8.4% or $38.1 billion of India’s total merchandise exports which stood at $450.95 billion.


At the 40th edition of the Jewellery World Awards (JWA) held in Hong Kong, a momentous occasion unfolded as Mr. Vipul Shah, Chairman of the Gems & Jewellery Export Promotion Council (GJEPC), was bestowed with the prestigious 'Extraordinary 40' accolade. This recognition is a celebration of Mr. Vipul Shah's exceptional leadership and dedication to establishing India as a premier destination for the export of Gems & Jewellery.


 

About The Gem and Jewellery Export Promotion Council (GJEPC)

The Gem & Jewellery Export Promotion Council (GJEPC), set up by the Ministry of Commerce, Government of India (GoI) in 1966, is one of several Export Promotion Councils (EPCs) launched by the Indian Government, to boost the country’s export thrust, when India’s post-Independence economy began making forays in the international markets. Since 1998, the GJEPC has been granted autonomous status. The GJEPC is the apex body of the gems & jewellery industry and today represents 9000 members in the sector.  With headquarters in Mumbai, GJEPC has Regional Offices in New Delhi, Kolkata, Chennai, Surat and Jaipur, all of which are major centres for the industry. It thus has a wide reach and is able to have a closer interaction with members to serve them in a direct and more meaningful manner. Over the past decades, GJEPC has emerged as one of the most active EPCs and has continuously strived to both expand its reach and depth in its promotional activities as well as widen and increase services to its members.

Facebook: www.facebook.com/GJEPC

Instagram: www.instagram.com/gjepcindia

Youtube: www.youtube.com/gjepcindia

Twitter: www.twitter.com/GJEPCIndia 

सयाजी शिंदे यांच्या 'आधारवड' चित्रपटाचं वर्ल्ड डिजिटल प्रीमियर 'अल्ट्रा झकास' मराठी ओटीटीवर


मुंबई : जीवनाला कलाटणी देणाऱ्या ‘आधारवड’ चित्रपटाचा २ ऑक्टोबर २०२३ रोजी ‘अल्ट्रा झकास’ या मराठी ओटीटीवर वर्ल्ड डिजिटल प्रीमियर होणार आहे. सुरेश शंकर झाडे यांनी चित्रपटाचे दिग्दर्शन केले असून चित्रपटात सयाजी शिंदे, शक्ती कपूर, राखी सावंत,  रोहित हंचाटे आणि अतुल परचुरे हे नामवंत कलाकार दिसणार आहेत. 


चित्रपटाची कथा श्रवण आणि त्याच्या प्रतिभावंत आयुष्याभोवती फिरते. श्रवणच्या आयुष्यात घडलेली एक भावनाविवश करणारी घटना त्याच्या आयुष्याला एक वेगळी कलाटणी देऊन जाते. श्रवणचा जीवनप्रवास प्रत्येकासाठी एक प्रेरणा असून विचार करायला लावणारा आहे. 


“आजच्या तरुणांना आपल्या पालकांचे महत्त्व सांगण्यासाठी आणि आपल्या पालकांप्रती आदर कमी होऊन त्यांच्याकडे दुर्लक्ष होऊ नये यासाठी ‘आधारवड’ हा चित्रपट आजच्या तरुण वर्गाने आवर्जून पाहायला हवं.” असे अल्ट्रा मिडिया अँड एंटरटेनमेंट प्रा.लिमिटेडचे सी.इ.ओ. श्री सुशीलकुमार अग्रवाल म्हणाले.


अधिक माहितीसाठी www.ultrajhakaas.com ला भेट द्या. जीवनाला कलाटणी देणाऱ्या वास्तवदर्शी भावनाविवश कथा सांगणाऱ्या ‘आधारवड’ चित्रपटासोबतच झकास मनोरंजन, सदाबहार एकापेक्षा एक कौटुंबिक कथा, विनोदासह जबरदस्त अॅक्शन थ्रिलर चित्रपटांतील ड्रामा अनुभवण्यासाठी लगेच डाउनलोड करा 'अल्ट्रा झकास ओटीटी' ॲप आणि तुमच्या कुटुंबासोबत अमर्याद आनंद घ्या अल्ट्रा झकास वरील एचडी कन्टेंटचा.

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* जीवनाला कलाटणी देणाऱ्या ‘आधारवड’ चित्रपटाचे प्रोमो पाहण्यासाठी लिंक*

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*प्रसिद्धी जनसंपर्क :* राम कोंडीलकर,

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GJC’s renowned India Gems and Jewellery Show caters to jewellers’ demands ahead of the upcoming festive season


National, 27th September 2023 - GJS Conducted the media meet on 27th September 2023 at JIO Convention center, Mumbai. Strategically scheduled ahead of the wedding and festive season, the India Gems and Jewellery Show (GJS) has become the country’s most-awaited all-purpose event, providing multiple reasons for participants to showcase their innovative ornament designs ahead of this peak demand season. Scheduled to take place from 30th September 2023 to 3rd October 2023 at the prestigious Jio World Convention Centre, Mumbai, this Diwali edition of GJS is designed to serve all classes of people and fulfill jewellers’ quests for trend-setting jewellery pieces for retailers, wholesalers, and consumers.

 

The Honourable Governor of Maharashtra, Ramesh Bais, has kindly consented to inaugurate the four-day sparkling event. GJS Fashion Nite which will be celebrated on the evening of 30th September 2023, GJS will also facilitate jewellers at the 12th National Jewellery Awards. Six exhibitors have been scheduled to showcase their exquisite innovative jewellery designs at the GJC Nite, with renowned and glamorous models walking the ramp. The premier industry body, GJC, will be organizing this event.

 

The significance of this grand B2B GJS event multiplies as it is purposefully scheduled to commence 12 days ahead of Navratri and 21 days ahead of Dussehra, 30 days ahead of Dhanteras, 35 days before Diwali, and 45 days ahead of the first day of the wedding season this year. GJS is aligned with the latest jewellery fashions in India and abroad.

 

Aligned with the latest fashion trends, the Diwali edition of GJS will bring together all segments of the jewellery value chain and aim to cater to the demands of jewellers ahead of the festive and wedding seasons with a dazzling array of stunning, innovative, and exquisite jewellery pieces. The Diwali edition of GJS, renowned as India's most viewed jewellery exhibition, offers a unique platform for jewellery manufacturers, wholesalers, and retailers to showcase their finest creations and boost sales. Participants will have the opportunity to place orders for jewellery sourcing, ensuring timely delivery for all buying seasons.

 

In addition to the sparkling innovative jewellery pieces, dazzling models at the GJC Nite and the presence of leading jewellers displaying unique craftsmanship will be the newest attraction at GJS. Additionally, the key attraction of this event will be the world-class venue carrying the best infrastructure and ideal ambience for networking, seamless entry and exit for exhibitors and visitors, complimentary meals, over 2000 room nights in 5-star properties for premium buyers, tie-up with 5-star hotels to budget hotels, shuttle services to and from venue and many more.

 

Artisans have passionately crafted innovative designs with modern-day aesthetics, catering to various occasions, festivals, and contemporary tastes for displaying at the GJC event. GJS presents a world-class platform for all sectors of the jewellery industry to connect with leading players and stay abreast of ongoing business trends. Experience matters, and at the Diwali edition of GJS, they have committed to making your visit seamless from entry to exit like the last edition. GJS is known for taking care of all aspects, from parking and accommodations to transportation and dining.

 

Saiyam Mehra, Chairman of GJC and Convenor of GJS, stated :  We thank the Honourable Governor of Maharashtra Shri Ramesh Bias ji for confirming his presence as the Chief Guest for the inaugural day of GJS. Preparations for the 4th edition of GJS is in full swing and the entire industry is excited to be a part of this show. In a very short span of a year, GJS has become the most preferred show of the Gems and Jewellery industry. We are anticipating a large number of visitors and I am hopeful that GJS will give a perfect opportunity to its exhibitors and visitors to network and forge strong business relations with the prospective buyers..”


 

Rajesh Rokde, Vice Chairman, GJC stated: “This event offers a unique opportunity for jewellery lovers to fulfill their needs ahead of the festive and wedding seasons. Consumers who deferred their purchase plans either because of high bullion prices or on-time buying habits will be surprised to see the sparkling ornaments on display. Participants will be able to execute bilateral deals for future growth.

 

Nilesh Shobhawat, Co-Convener of GJC, said, “The Diwali edition of GJS aims to bring pan India jewellers on one page. GJS has uninterruptedly endeavored for the betterment of the jewellers, karigars, traders, wholesalers, and retailers, and will continue its endeavor in future as well. Our efforts have yielded positive results with jewellers increasing sales even during challenging times. It will be a unique experience for India's most desirable jewellery sourcing exhibition and indulge in a world of elegance and craftsmanship.”

 

About GJC: All India Gem and Jewellery Domestic Council (GJC) represents lakhs of trade constituents comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services to the domestic gems & jewellery industry. The Council functions with the objective to address the industry, its functioning, and its cause with a 360° approach to promote and progress its growth, while protecting the industry's interests. GJC, since the last 15 years, has been serving as a bridge between the government and the trade by undertaking various initiatives on behalf of and for the industry.



For further information, please feel free to contact All India Gem and Jewellery Domestic Council (GJC) mansi@gjc.org.in

Arkade Developers Ltd. Acquires 3 Acre Land Parcel at Bhandup West from Copper Rollers Pvt. Ltd. for composite value of Rs. 103.88 Crores.


India, September 27, 2023: Arkade Developers Ltd. (formerly known as Arkade Developers Pvt. Ltd.) (Arkade) has completed the acquisition of approx. 3 Acre industrial plot in Eastern suburb of Bhandup West from M/s Copper Rollers Pvt. Ltd. 

We have perused the document pertaining to registration of conveyance deed done at Vikhroli on 26th September 2023. The composite deal value amounts to Rs. 103.88 which includes Transaction Value of Rs. 98 Crore plus Stamp duty of Rs. 5.88 Crore. The document “Conveyance deed “indicates that the possession is duly handed over to Arkade and entire consideration has been received by the seller/s. 

Arkade had acquired land parcel in Mulund west in the month of February this year. Apart from this land acquisition, Arkade has received letter of intent from 4 societies for redevelopment projects, and has been confirmed as a preferred developer in 1 project in Mumbai Metropolitan Region. 

Currently, Arkade is developing 5 ongoing projects with developable area of approx. 1.8 million square feet with 4 of the projects expected to be completed by December 31, 2025 (per RERA filings) and the remaining 1 project expected to be completed by June 30, 2027 (per RERA filings). Arkade is also planning to launch 2 upcoming projects in Vile Parle East and Malad West with developable area of 0.4 million square feet.

Mr. Amit Jain CMD, Arkade, while confirming the same said that, “We are looking forward to launch exclusive mixed use project offering 2 & 3 BHKs in eastern region of MMR. This acquisition is in line with our strategy of acquiring projects in Eastern region of MMR.” 

Notably, Arkade has filled a Draft Red Herring Prospectus with SEBI earlier this month with intention to raise up to Rs. 430 Crore from an initial public offering of its equity shares.

Arkade Developers Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The DRHP is available on the website of SEBI at www.sebi.gov.in as well as on the website of the Book Running Lead Manager, Unistone Capital Private Limited at www.unistonecapital.com and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see ‘Risk Factors’ of the RHP, when available. Potential investors should not rely on the DRHP for any investment decision.


Indian market has the potential to be the next growth frontier for Taiwan


Taiwan Expo ’23 aims to be a platform that facilitates bilateral trade relations between two countries

Mumbai, September 27, 2023: The much awaited, Taiwan Expo 2023 is gearing up for yet another stellar trade show in India, scheduled from October 5-7, 2023, at NESCO Exhibition Centre, Goregoan, Mumbai. This will be the 6th edition of the Expo in India and more importantly it is back in its physical avatar, allowing exhibitors and visitors to have a closer look and deeper experiential interaction with the product portfolio. This year the Expo will have 6 themes, 7 pavilions on display across key categories like Smart Manufacturing, Smart City, Smart Agriculture, Smart Lifestyle and EV. Some of the highlight products that are being showcased at the Expo include, UAV from Ahamani EV Technology Co. Ltd, world’s first 5G Mixed reality glasses from Compal Electronics Inc, Hydrogen 2-3 wheels motorcycle from Chung Hsin Electric & Machinery Manufacturing Corporation and EV power system from Teco Electric and Machinery Co. Ltd., to name a few.

There was a curtain raiser event to announce the Expo, which was attended by key dignitaries, Mr. Homer Chang, Director General, Taipei Economic and Cultural Centre (TECC) and Mr. Keven Cheng, Deputy Executive Director, Taiwan External Trade Development Council (TAITRA). Special invitees from India included Dr. Ravindra Kute, President, Maharashtra, Indian Medical Association (IMA) and Mr. Vikram Mathur, Executive Director, Business Network International (BNI), amongst other eminent personalities.  

Speaking at the event, K. J. Cheng, Deputy Executive Director from TAITRA said, “We are delighted to organize yet another edition of Taiwan Expo in India. The Expo will showcase the latest products and solutions curated based on the most recent government policies, local market demands and consumption trends. Furthermore, the expo will organize networking events, including One-on-one Business Match Meeting and a variety of stage events to encourage interactions between Taiwan and India businesses. We hope to continue to build a best stage that promote bilateral trade relations between both countries” 

Organized by Taiwan External Trade Development Council (TAITRA), Taiwan Expo is its flagship exhibition to fortify the ties between Taiwan and the ASEAN countries including India. Since its inception in 2017, Taiwan Expo has emerged as a leading platform for Taiwanese businesses to explore new opportunities, exchange ideas, and forge partnerships in ASEAN, South Asia, and North America. Thus, the Expo is credited to be the premier online sourcing hub in ASEAN countries and India. It is testament of Taiwan’s strong and long-term commitment in promoting bilateral trade relationship with India. 

According to the Taiwan government’s official data, India is its 16th largest trading partner and 13th largest export destination. It is interesting to note that the bilateral trade between India and Taiwan totaled $8.46 billion in 2022, representing an increase of 9.86% over 2021. 


In the recent years, India is building itself as a viable alternative hub within the global supply chain framework and the ongoing geopolitical and economic scenario provides synergy to both India and Taiwan with opportunities to navigate cooperation for achieving mutually beneficial commercial ties through stronger business bilateral relations. 



About Taiwan Expo:

Since 2017, TAIWAN EXPO has emerged as a leading platform for Taiwanese businesses to explore new opportunities, exchange ideas, and forge partnerships in ASEAN. With its notable success, TAIWAN EXPO has been held 15 times, spanning 11 cities in seven countries, including India, Thailand, Indonesia, the Philippines, Vietnam, Malaysia and the USA.


About TAITRA:

Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Headquartered in Taipei, TAITRA has a team of 1,300 specialists and operates 5 local offices as well as 62 branches worldwide. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade. TAITRA's five local branch offices in Taoyuan, Hsinchu, Taichung, Tainan, and Kaohsiung provide services to companies outside metropolitan Taipei. Through these domestic offices, TAITRA is able to maintain close contact and interaction with local companies in their respective areas and provide direct and substantial services in areas such as feature trade promotion, business information, market seminars, on-the-job training, procurement meeting, meeting room rental, etc. Branch offices play vital roles in Taiwan Trade Shows coordination between Taipei headquarter and local companies, and invite buyers to visit local industries.


Dava India to spread its wings across Maharashtra with a specialized franchise model!


~ The expansion plans are aimed at providing affordable medicines to the masses while also generating employment and helping generate income across these villages ~

~ Currently, the brand has 65+ outlets across Maharashtra, and 650+ outlets across India ~


MUMBAI, 26th September 2023: Dava India Generic Pharmacy, India’s largest private generic pharmacy retail chain (a brand of Zota Healthcare Ltd), has decided to spread its wings across Maharashtra with a specialised franchise model. The initiative is aimed at providing affordable medicines to the masses while also generating employment and helping generate income across these villages.

Speaking at the occasion, Dr. Sujit Paul, Group CEO, Zota Healthcare, said, “Currently Dava India has 65+ outlets spread across Maharashtra, and 650+ outlets across India. Our plan is to increase our footprint to reach every district of Maharashtra especially in 36 odd district headquarters, & ramp up the presence to nearly 1000+ outlets across India within this financial year. Dava India is doing a plethora of activities via #Change to make menstrual hygiene affordable to women with the help of literature, on-ground events & also giving out sanitary pads to underprivileged sections. We believe #Change will usher in a revolution for women uplifting their health needs cutting across barriers of caste, creed & cost.”

Dava India Generic Pharmacy offers a comparative cost benefit of savings of up to 90% on medicine bills. The country’s largest generic pharmacy retail chain has also conducted health activities across 50+ cities with services like blood sugar checks, blood pressure & basic dental screening for its 75 lakh+ happy customers across the length and breadth of India.

In addition to generic medicines, Dava India offers a wide range of over 2200 products in OTC, Cosmetics, Gym Supplements, Nutraceuticals, Ayurvedic, Surgical, Panchagavya and exclusive co-branded Khadi India products. The brand also makes high-end premium products available and accessible to all at affordable price points. The insights and vision of the brand leadership, led by Dr Sujit Paul, has helped Dava India to speed up the growth and market penetration, while inculcating the right value systems in the future generation of Indian

Tuesday, September 26, 2023

Plaza Wires Limited’s Initial Public Offering to open on Friday, September 29, 2023, sets price band at ₹51 to ₹54 per Equity Share


Price Band of ₹51 – ₹54 per equity share bearing face value of ₹10 each (“Equity Shares”)

Bid/Offer Opening Date – Friday, September 29, 2023 and Bid/Offer Closing Date – Wednesday, October 4, 2023.

Minimum Bid Lot is 277 Equity Shares and in multiples of 277 Equity Shares thereafter.

The Floor Price is 5.1 times the face value of the Equity Share and the Cap Price is 5.4 times the face value of the Equity Share.




Mumbai, September 26, 2023: Delhi-based Plaza Wires Limited is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast-moving electrical goods (“FMEG”), has fixed the price band at ₹51 to ₹54 per Equity Share for its maiden initial public offer.  The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 29, 2023, for subscription and close on Wednesday, October 4, 2023. Investors can bid for a minimum of 277 Equity Shares and in multiples of 277 Equity Shares thereafter. The Public Issue of face value of ₹10 per Equity Share is entirely a fresh issue of equity shares up to 1,32,00,158 with no offer for sale component.


The company's product mix includes various types of wires and cables, as well as FMEG such as electric fans, water heaters, switches and switchgears, PVC insulated electrical tape, and PVC conduit pipe and accessories. In 2021, the company launched a line of house wire under the brand "Action Wires" for products in the low-cost range. According to a Resurgent India report quoted in its DRHP, it is one of the fastest growing manufacturers in the wires and cables industry in northern region in India, and provides extensive range of wires and cables, under its flagship brand “PLAZA CABLES” and home brands such as “Action Wires” and “PCG”.

Plaza wires business model engages dealer and distribution network via 1249 authorized representatives to sell and market the company's products, including sales through C&F agents, securing government bids for supply to government projects, and direct sales to infrastructure projects. 

It's manufacturing facility in Baddi has an installed production capacity of 12,00,000 coils per annum. It has proposed to set up a manufacturing facility to add 8,37,000 coils per annum to manufacture new products such as fire proof/survival wires, LT aluminium cable and solar cables. 

Pantomath Capital Advisors Private Limited is the sole book running lead managers and KFin Technologies Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE.


DISCLAIMER: PLAZAWIRES LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to undertake an initial public offer of its Equity Shares and has filed the RHP with RoC on September 22, 2023. The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Pantomath Capital Advisors Private Limited at www.pantomathgroup.com, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section titled “Risk Factors” beginning on page 30 of the RHP. Potential investors should not rely on the DRHP for making any investment decision. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States, except pursuant to exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold only outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sale occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Applications may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

DISCLAIMER: The Equity Shares face value of ` 10 each offered through the Red Herring Prospectus are proposed to be listed on the Stock Exchanges. Our Company has received 'inprinciple' approvals from the BSE and the NSE for the listing of the Equity Shares pursuant to letters each dated July 26, 2022. For the purposes of the Issue, the Designated Stock Exchange shall be NSE. A signed copy of the Red Herring Prospectus and the Prospectus shall be filed with the RoC in accordance with Section 26(4) and 32 of the Companies Act, 2013. For details of the material contracts and documents available for inspection from the date of the Red Herring Prospectus until the Bid/ Issue Closing Date, see "Material Contracts and Documents for Inspection" on page 307 of the RHP.

DISCLAIMER CLAUSE OF SECURITIES AND EXCHANGE BOARD OF INDIA(“SEBI”): SEBI only gives its observations on the offer documents and this does not constitute approval of either the Offer or the specified securities stated in the Offer Document. The investors are advised to refer to pages 256 of the RHP for the full text of the disclaimer clause of SEBI. 


DISCLAIMER CLAUSE OF BSE: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the RHP has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the RHP. The investors are advised to refer to the pages 258 of the RHP for the full text of the disclaimer clause of BSE. 


DISCLAIMER CLAUSE OF NSE (the Designated Stock Exchange): It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Offer Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Offer Document. The investors are advised to refer to page 259 of the RHP for the full text of the disclaimer clause of NSE.


For further details in relation to the Company, BRLM, Company Secretary and Compliance Officer of the Company, availability of application forms, and RHP, please refer to statutory advertisement published on 24 September 2023.








PEPSICO'S ICONIC BRANDS TURN UP THE HEAT IN SIZZLIN' HOT TVC


Unveils exciting new TVC to mark the extension of Sizzlin’ Hot platform to iconic brands including Lay’s, Doritos and Kurkure

Lay’s – https://www.youtube.com/watch?v=C7Msngf5HTM

Kurkure - https://www.youtube.com/watch?v=EwGNhMZFNgg 

Doritos – https://www.youtube.com/watch?v=HWHQaFndA7w

New Delhi, September 26, 2023: Flaming up the snack aisle, PepsiCo India, one of the leading players in snack and beverage industry, has introduced a new TVC to celebrate the expansion of its Sizzlin' Hot platform. This fiery TVC features the complete Sizzlin’ Hot range including Lay's, Kurkure, and Doritos while highlighting the irresistible heat-packed experience each product offers.

Sizzlin' Hot taps into the deep affinity Indians have for 'chilli' and offers a spicy sensation, tailored for each iconic brand within PepsiCo's salty snack portfolio. Following the success of Lay’s and Doritos Sizzlin’ Hot in India, Kurkure recently joined the fiery lineup, introducing its own Sizzlin’ Hot variant that infuses ‘chilli ka tadka’ with Kurkure's iconic crunch. 

The TVC brilliantly portrays a spectrum of reactions that unfold when people snack onto the irresistible Sizzlin' Hot range. Set against a captivating backdrop of diverse scenes, including cozy living rooms, bustling offices, and vibrant public spaces, each moment captures their unfiltered, spontaneous responses to the fiery spiciness. From frantically searching for something cool to shedding tears and energetically sprinting in search of relief, this engaging sequence of genuine and humorous reactions serves as a mirror, reflecting the surprise that awaits anyone who takes their first bite of Sizzlin' Hot.

Commenting on the Sizzlin’ Hot range expansion and launch of the TVC, Anshul Khanna, Vice President and Foods Category Head of India and South Asia, PepsiCo said, "Last year, we introduced one of our most successful global platforms, Sizzlin’ Hot in India and have witnessed an overwhelming response. As we approach the festive season, we're thrilled to announce the expansion of the platform with localised flavours for the unique Indian spice palate across our beloved brands, including Lay’s Maxx, Kurkure, and Doritos Dinamita. The launch will be accompanied by a comprehensive 360-degree marketing campaign that is sure to get people to intrigued about the fiery range. We hope that consumers love this new range and continue to spice up their snacking occasions." 


“The Sizzlin’ Hot flavour is available in 3 formats – Kurkure, Lays and Doritos. No matter which one you pick up, the fiery taste is likely to make you react in unexpected ways. From fiery exclamations to bizarre sounds, the execution of the TVC brings together a gamut of expressions in a way that you can’t help but watch it again. Pretty much like the product, that you can’t help but eat another”, added Vikram Pandey (Spiky), National Creative Director, Leo Burnett India.

Sizzlin Hot’ range is available in Lay’s, Kurkure and Doritos across all leading retail and e-commerce platforms in India. The TVC will be supported by a robust 360-degree surround campaign.

AGENCY CREDITS

Creative Agency – Leo Burnett India

CEO & Chief Creative Officer, South Asia – Rajdeepak Das

CEO Leo Burnett South Asia – Dheeraj Sinha

National Creative Director – Vikram Pandey & Sachin Kamble 

President-North – Samir Gangahar

Executive Vice President – Jaikrit Singh

Executive Creative Directors – Harsh Maheshwari, Saarthak Dutt & Shahnawaz Qadeer,

Creative Team – Alisha Sharma & Shweta Bharti

Executive Vice President-Strategy & Planning – Ankit Singh

Strategy Team – Ashish Mathew & Shailja Dhoundiyal

Vice President – Binay Mehra & Neha Kapoor 

Account Management Team – Kirti Sinha, Shubham Aggarwal & Uday Lalotra

Film Department – Sagar Bhanushali

Production House – Pack Films

Director – Vivek Kakkad

Producer ¬– Leejude Dsouza


About PepsiCo India:

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on Twitter, Instagram, Facebook, and LinkedIn @PepsiCo.


Shilpa Shetty, Hema Malini ,Amruta Fadnavis and others attended the 5th Bright Awards,celebrate Dr. Yogesh lakhani's birthday


The 5th Bright Awards 2023, a spectacular event held at the NSCI Dome in Worli, Mumbai, brought together notable figures from various fields. Dr. Yogesh Lakhani, the pioneer behind Bright Outdoor Media Ltd, organized this annual extravaganza. It was a celebration not only of talents from Bollywood and the TV industry but also a recognition of achievements in diverse industries. The evening was doubly special as it coincided with Dr. Yogesh Lakhani's birthday, adding to the festive spirit. A cake-cutting ceremony marked the birthday of this enterprising leader.


The guest list was impressive, featuring celebrities from the entertainment world and more. Personalities like Shilpa Shetty Kundra, Hema Malini,  Amruta Fadnavis , Maniesh Paul and Director-Producer Anil Sharma graced the occasion. The ‘Gadar 2’ team, including Utkarsh Sharma, Simrat Kaur, Luv Sinha , Manish Wadhwa and Gaurav Chopra were also present. Other attendees included Dheeraj Kumar, Shekhar Suman, Neil Nitin Mukesh, Archana Gautam, Kumar Sanu, Poonam Pandey, Preeti Jhangiani, Praveen Dabas, Sukhwinder Singh, Kainaaz Pervez, Vindu Dara Singh, Rajpal Yadav, Sunil Pal, VIP, Shibani Kashyap, Mishal Raheja and Dilip Sen among others. The show was directed by Kamal Maharshi.


Noteworthy actor Rohitash Gaud from 'Bhabi Ji Ghar Par Hai’, Ravi Gosai, singer Shaurya Mehta,Brinda Parekh ,Pawan sharma of Gangor TV, Satish Shetty of Peninsula Grand Hotel, Keyur Seth of Red cherry Entertainment were also part of this glamorous event. The 5th Bright Awards night wasn't limited to the entertainment industry; it honoured exceptional individuals from various sectors, encompassing film, TV, social initiatives and business.


The presence of Anugrah Yogesh Lakhani, Dr. Yogesh Lakhani's son, and Jagruti Yogesh Lakhani, director of Bright Outdoor Media Ltd, added a special touch to the event. Shri Vijay Darda of Lokmat Group, Singer Armaan Malik, Ganesh Acharya,Shaimak Davar and Aartii Naagpal, along with other esteemed guests, made the evening even more dazzling.


Beyond recognizing talent and contributions, the event provided an opportunity for celebrities to extend heartfelt birthday wishes to Dr. Yogesh Lakhani. They commended his remarkable character and dedication to organizing the Bright Awards over the past five years.


It's worth mentioning that Bright Outdoor Media Ltd has launched a new company – My Meeting App, offering the unique facility of webinars with favourite celebrities anytime. This innovative app allows both webinars (video conferencing) and booking places for direct meetings or parties, all in a single platform.


Not to be forgotten, the partnership between Bright Outdoor Media Ltd and Zest Outdoors was also highlighted. Additionally, Dr. Yogesh Lakhani's company achieved another milestone with the launch of its 9th digital LED billboard in the last 6 months. Bright Outdoor Media Ltd and Zest Outdoors hold the distinction of being the first company in the world registered in the Guinness World of Records for Green Energy and Solar Hoarding.


Besides being associated with over two lakh films, Bright Outdoor Media Ltd has made its mark in albums, web series, serials, events and award nights. It stands as India's first BSE SME Limited OOH company.


Expressing gratitude for the overwhelming love and support received on his birthday, Dr. Yogesh Lakhani said, "I am immensely thankful for the love and support shown by everyone on my birthday. The Bright Awards has been a beautiful journey, and I am overwhelmed to see it grow each year, celebrating talent and excellence."

Monday, September 25, 2023

World Lung Day -25th September Unhealthy lifestyle & Air Pollution causes 1000 deaths every year in Mumbai



Mumbai- World Lung Day (WLD) is an annual global initiative dedicated to raising awareness and taking action to promote better lung health. It is observed on September 25 each year, on this occasion, numerous local and international organizations united to raise awareness about the significance of maintaining optimal lung health through global lung healthcare campaigns, ultimately striving for a world without lung diseases. On the occasion of World Lungs Day Apex group of Hospitals which is located in Borivali, Kandivali & Mulund conducted free lung screening camp and lectures for patients who are suffering from lung diseases. Commenting on this occasion Dr.Parthiv Shah, Pulmonologist from Apex Group of Hospitals says, “Unhealthy lifestyle and worsening air pollution have turned Chronic Obstructive Pulmonary Disease (COPD) into a major killer in Mumbai. Every day, nearly six people lose their lives to this chronic inflammatory lung disease, showed data from Brihanmumbai Municipal Corporation (BMC). Between 2016 and 2021, a total of 14,396 people in Mumbai have succumbed to COPD— the common lung disease causing restricted airflow and breathing problems in which the lungs can get damaged or clogged with phlegm. BMC data shows over 1,000 deaths every year, roughly 1% of the total deaths in the city, occur due to asthma, a lung disease in which the airways get narrowed and blocked by excess mucus. A haze of dust and smoke—more identified with India's northern cities during the winter but now Mumbai as construction and multiple infrastructure projects have added to industrial pollution. Mumbai is the Financial capital of India, so lifestyle and standard of living is quite high so vehicle related pollution is very high in Mumbai. Vehicle exhaust fumes can irritate the eyes and respiratory tract, and are a risk to health by breathing in. Carbon-fuelled engine fumes contain carbon monoxide, a poisonous gas. Prolonged exposure to diesel fumes, especially blue or black smoke, may lead to coughing and breathlessness.


Pollution like smoking affects the growing lung. Long-term exposure of growing children to smoke and pollution may result in weaker lungs. Also, pregnant women exposed to smoke and pollution could potentially birth babies with impacted lungs. Such impacted individuals are at a higher risk of developing COPD and lung-related health issues. Furthermore, this day serves as a commemoration of the progress made in preventing severe respiratory illnesses. Nevertheless, there are still several challenges that must be tackled to attain and sustain healthy lungs and work towards a lung disease-free world added by Dr. Parthiv Shah, Pulmonologist from Apex Group of Hospitals. Asthma, Collapse of part or all of the lung (pneumothorax or atelectasis), Swelling and inflammation in the main passages (bronchial tubes) that carry air to the lungs (bronchitis), COPD, Lung cancer, Lung infection (pneumonia) and Abnormal buildup of fluid in the lungs (pulmonary edema)are most common lung diseases in Mumbai.

Apex Group of Hospitals is a chain of Hospitals managed and run by expert Medical Professionals with experience of 25 years. Currently Apex group of Hospitals manages more than 350+ beds and provides qualitative healthcare services to the people of Mumbai and surrounding areas. Apex Hospitals is located in Borivali, Kandivali & Mulund.


www.apexgroupofhospitals.com

 

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