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Showing posts from October, 2023

Popeyes® India's Mega Chance to Score ICC Men's Cricket World Cup Final Tickets!

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Noida, 31.10.2023: Popeyes®, the iconic US fried chicken brand, is thrilled to present an extraordinary opportunity for all Indian cricket enthusiasts. Get ready to win coveted match tickets for the ODI Men’s Cricket World Cup Final Live in Ahmedabad on 19th Nov’23. To kick off the cricket season with unmatched enthusiasm, Popeyes India has unveiled an array of World Cup Special Combos. When you purchase any of these special Combos, not only do you receive a complimentary branded sipper, but you also earn 1 run for every Re. spent. The top 4 scorers between 15th September and 31st October will be the lucky winners of these exclusive match tickets to witness the Men’s Cricket World Cup Final. Popeyes made its grand debut in India with the launch of its flagship restaurant in Bengaluru, followed by a rapid and successful expansion into multiple cities, including Chennai, Manipal, Coimbatore, and Hyderabad and Madurai. Chicken aficionados across these cities have warmly embraced Popeyes i...

"AYJNISHD(D) Mumbai Honors Sardar Vallabhbhai Patel on National Unity Day with 'Run for Unity' Event"

In a resounding tribute to the Iron Man of India, Sardar Vallabhbhai Patel, AYJNISHD(D) Mumbai, in collaboration with persons with speech and hearing disabilities, staff, and students, marked National Unity Day with a remarkable inclusive program at Bandra West Mumbai, on October 31, 2023. The event was organized as part of the initiative of Department of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment, Govt. of India, New Delhi. The highlight of the event, the 'Run for Unity,' was initiated at 10:30 AM from the institute's National Flag Point by Advocate Shri Ashish Shelar. Over 400 enthusiastic participants, including staff, students, and individuals with disabilities, joined the spirited Unity Run, demonstrating their commitment to national unity. The day commenced with a Pad Pooja- ceremony, dedicated to Hon'ble Sardar Vallabhbhai Patel at 10:00 AM. Advocate Shri Ashish Shelar and Dr. Raju Arakh, Director of AYJNISHD(D), led the ...

India Post, Maharashtra Circle has celebrated the “Rashtriya Ekta Diwas” (National Unity Day) today, ie on 31.10.2023,

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from 8:00 am to 9:00 am, as a tribute to the architect of national integration of independent India, Sardar Vallabhbhai Patel on his birth anniversary and foster and reinforce our commitment to strengthen the unity, integrity and security of the nation.             The event had commenced with the “Pledge of Unity” followed by the “Run for Unity” from Mahim H.O till Shivaji Park, and return.        More than 200 participants across the entire postal fraternity of Mumbai city and suburb participated in the event. The event was led by Director of Postal Services, Mumbai Region, Dr Ajinkya Kale, who emphasized the invaluable contribution of Sardar Patel towards a unified and integrated India. Other officers of India Post, Mumbai Region also participated in the event.       

ESAF Small Finance Bank Limited’s Initial Public Offering to open on Friday, November 3, 2023, sets price band at ₹57 to ₹60 per Equity Share

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  (L-R) Mr. Gireesh C.P., CFO and Mr. Kadambelil Paul Thomas, MD & CEO during IPO announcement at Mumbai Mumbai, October 31, 2023: ESAF Small Finance Bank Limited, a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centers, has fixed the price band at ₹57 to ₹60 per Equity Share for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, November 3, 2023, for subscription and close on Tuesday, November 7, 2023. Investors can bid for a minimum of 250 Equity Shares and in multiples of 250 Equity Shares thereafter. The Public Issue of face value of ₹10 per Equity Share comprises of fresh issuance of Equity Shares worth Rs 390.70 crore and an Offer for Sale (OFS) of up to Rs 72.30 crore aggregating to Rs 463 crore. The Bank proposes to utilise the proceeds of the fresh issue to augment its Tier 1 capital base. The Lender's primary products are advances and d...

Mumbai Welcomes Food Square, the City's Premier Luxurious Gourmet Food Retail Store, at its Grand Unveiling!

Food Square, Mumbai's First Luxury Gourmet Store, Shines Bright at Grand Opening Gala with Anshula Kapoor, Abhimanyu Dasani, and Pulkit Samrat. 28th October 2023, Mumbai:  Food Square, Mumbai's premier upscale gourmet retail store, marked its grand debut on Saturday, at their inaugural location on Linking Road, Bandra. The evening was graced by notable personalities including Anshula Kapoor, Abhimanyu Dasani accompanied by his sibling, Pulkit Samrat, Sunita Ahuja, Elnaaz Narouzi, Alvira Khan, Teena Singh, and a host of popular influencers such as Ishna Batra from Mamma's Lifestyle, Rizwan Bachav, Sonakshi Raj, Nishka Lulla, Vivek Dhadha, Rishina Khandari, and Payal Singhal. The event showcased an impressive selection of offerings, including international liquors, a variety of cheeses, imported chocolates, and live stations featuring a pizzeria and patisserie. The evening sparkled with glamour as Masaba Gupta elegantly cut the ribbon, marking the grand opening of Food Square...

ABD delivers 2 millionaire brands in the Prestige and Above segments in the last 5 years

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The largest Indian-owned spirits company shifts gear to better margin segments Allied Blenders and Distillers Ltd. (ABD) has earned the rare distinction of being the only Spirits company in India with two millionaire brands launched in the past five years (CY18 - CY22). Both Sterling Reserve Whisky and ICONiQ Whisky operate in the Prestige and Above segments, and they form the core for profitable growth. The alcohol beverage industry terms a ‘millionaire brand’ as one that sells more than 1 million (10 lakh) cases of 9-litres each in a year. Sterling Reserve joined the ‘millionaire brand’ club in the very first full year of its launch (CY2018). It went on to earn the tag of the ‘world’s fastest-growing spirits brand’ in terms of cases sold in 2019*. The brand breached the 5 million cases milestone in CY2022**.  (Source: *Drinks International Millionaire’s Club Report 2020; ** Drinks International Millionaire's Club Report 2023) ABD recently confirmed that ICONiQ Whisky, which launc...

Airtel collaborates with Microsoft to enable integrated calling through Microsoft Teams

To introduce Airtel IQ for Microsoft Teams a network-integrated telecom solution for organizations ̶  to enable phone calling via Microsoft Teams New Delhi, October 29, 2023: Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, today, announced that it has partnered with Microsoft to offer Indian organizations calling services over Microsoft Teams through an integration with Airtel IQ. With Airtel IQ for Microsoft Teams, enterprises will soon be able to enjoy greater flexibility in connecting with customers across the country over fixed line through the internet. This new service will enable enterprises to make and take calls to external users through the Teams experience streamlining communications and collaboration within the flow of work. Abhishek Biswal – Business Head, Airtel IQ said, “We are delighted to partner with Microsoft to bring an agile, flexible and innovative solution to ease one of the biggest issues facing Indian enterprises today...

Biz Angels: On a Mission to Handhold, Support, and Scale Small and Medium Businesses Across India.

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  Ashish Trivedi - Founder  In the fiercely competitive world of business, small and medium-sized enterprises (SMEs) in India find themselves constantly striving for efficiency and productivity. With limited resources and a relentless need to stay ahead of the curve, these businesses often grapple with the challenge of realizing their full potential. That's where Biz Angels makes its entrance. Committed to empowering Indian SMEs, Biz Angels provides a suite of innovative solutions to streamline processes, enhance productivity, and foster sustainable growth. From state-of-the-art technological solutions to strategic guidance, Biz Angels leverage its expertise to help SMEs not just tackle their challenges but also seize new opportunities. Biz Angels not only provides solutions and guidance but also makes sure to handhold and work hand-in-hand in implementing the strategies and solutions. With an acute understanding of the Indian market and a client-centric approach, Biz Angels c...

KVIC & NGO HWARF celebrate Indian Heritage and Sustainability with Unique Khadi Campaign

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Khadi Village India Commission & NGO HWARF celebrate Indian Heritage and Sustainability with Unique Khadi Campaign successfully promoted by bubble communication Mumbai – Humanitarian Welfare And Research Foundation in collaboration with the esteemed Khadi Village and Industries Commission (KVIC), has successfully organized a remarkable Khadi Exhibition at Seva Mandal Education Society. This grand event not only celebrated the vibrant charm of Khadi but also highlighted its significant role in preserving Indian heritage and promoting sustainability. The exhibition was graced by distinguished guests and dignitaries, key representatives ncluding Mr.Yogesh Bhamare of KVIC, Smt. Sunanda Pravin Gambhirchand Institute of Nursing & Paramedical Sciences, Mrs. Shilpa Shettigar – Principal, Mrs. Delphina Gurav - Vice Principal and other notable figures from Seva Mandal Education Society, and the renowned actress Gouri Tonnk. Khadi Village and Industries Commission (KVIC), an autonomous bo...

Blue Jet Healthcare Ltd IPO fully subscribed on Day 2

The Rs 840.17 crore Initial Public Offering of Blue Jet Healthcare Limited was fully subscribed on the second day of bidding led by NII and Retail Investors. The issue received bids of 2,24,16,115 shares against the offered 1,69,99,612 equity shares, at a price band of ₹329-346, according to the data available on the stock exchanges. Non-Institutional Investors Portion was the most subscribed with 2.84 times, followed by Retail Portion with 1.37 times, whereas Qualified Institutional Buyer Portion subscribed 0.09 times. The issue kicked off for subscription on Wednesday, October 25, 2023 and will close on Friday, October 27, 2023.  A day prior to the opening of the issue, Blue Jet Healthcare Ltd had raised Rs 252 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor were HDFC MF, Nippon MF, Government Pension Fund Global, Aditya Birla Sun Life Insurance, ICICI Prudential MF, Bandhan MF, BNP Paribas Arbitrage, Societe Generale, Edelweiss Trus...

AADHAAR NUMBER and MOBILE NUMBER MANDATORY for any of the Post Office Small Savings Schemes

In accordance with The Ministry of Finance, vide their Gazetted notification no. GSR/238 (E) dated 31.03.2023 an individual shall submit the Aadhaar number issued by the Unique Identification Authority of India for purpose of opening of an account:  Provided that :- (a) where the Aadhaar Number has not been assigned to an individual, he shall furnish proof of application of enrollment for Aadhaar at the time of opening an account and the account holder shall furnish the Aadhaar number to the Office where the account stands within a period of six months from the date of opening of account for linking the account with Aadhaar Number;  (b) if a depositor has already opened an account and has not submitted his Aadhaar number to the Office where the account stands, he shall do so within a period of six months with effect from the 1st day of April,2023, And in the event of failure of the depositor to submit the Aadhaar number within the specified period of six months, his account ...

Legal System: Must safeguard, trust, and provide fairness to all: Akshat Khetan, Founder, AU Corporate and Legal Advisory Services (AUCL)

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Mumbai, October 23, 2023 : A country’s economic success is not only about resource availability but equally about the presence of a robust legal system that safeguards trust, investment, and fairness for all. Just as the skeletal system keeps the human body functional and stable, the legal system serves as the backbone keeping a nation’s economic body upright and moving forward, stressed, Akshat Khetan, Founder of AU Corporate and Legal Advisory Services at recently concluded ASSOCHAM Bharat Legal Conclave & National Legal Excellence Awards 2023 at The Imperial Hotel in Delhi.  As a key note speaker, at ASSOCHAM Bharat Legal Conclave, Akshat Khetan, Founder of AUCL said,” The annals of our nation’s corporate journey are rich with instances where legal jurisprudence has stood as the bedrock of ethical commercial practice. Our judiciary, armed with the Constitution, statutory frameworks, and an ever-evolving corpus of case law, has tirelessly navigated the complex waters of corpo...

Leader in Regulatory Compliance ‘Aparajitha’ gets new CTO

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eyes transition from services to product-based model Mumbai, 26 October 2023: Aparajitha, a prominent player providing tech-driven compliance solutions, has appointed Dr. Venu Murthy as its new Chief Technology Officer (CTO). The move reflects the company's efforts to strengthen its technology leadership and drive innovation in a competitive market. As the CTO, Dr. Murthy aims to guide Aparajitha’s shift from a services-oriented to a product-centric model, particularly in the realm of Governance, Risk, and Compliance (GRC) solutions. Dr. Murthy has previously essayed pivotal roles in multinational corporations such as ThoughtWorks, Unisys, IBM, and Infosys. He is a member of the Forbes Technology Council and has also authored several research papers. “We are glad to welcome Dr. Murthy. He brings with him a wealth of knowledge in technology strategy, cloud computing, enterprise architecture, data analytics, cybersecurity, machine learning, and artificial intelligence. We are confide...

Lubrizol and Grasim Industries Limited Break Ground on World’s Largest CPVC Resin Plant

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New state-of-the-art CPVC resin plant in Vilayat advances Lubrizol’s  $150 million investment in India Mumbai, Oct 25, 2023: Lubrizol, a global leader in specialty chemicals, and Grasim Industries Limited, a flagship company of the Aditya Birla Group, today broke ground on the first phase of a 100,000 metric-ton CPVC resin plant in Vilayat, Gujarat, India. The facility located at the Grasim Industries’ site will be the largest single-site capacity for CPVC resin production globally, designed to meet rising CPVC demand for piping applications in India, as well as neighboring countries like Nepal, Bangladesh and Indonesia. This resin plant will utilize Lubrizol’s most advanced CPVC resin manufacturing technology. This technology, coupled with Grasim’s expertise in reliable manufacturing, will enable access to high-quality, locally manufactured CPVC material.  In addition to the resin site, Lubrizol is doubling its existing CPVC compound manufacturing capacity at its Dahej, Gujar...

Life-saving PAMI procedure saves 29-year-old heart patient life in Mumbai

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Mumbai- Heart attacks were previously believed to affect only older individuals, but now they are affecting every other young person between the ages of 30 and 40. Several factors contribute to this health risk, including inactivity, stress, insomnia, smoking, drinking, diabetes, hypertension, and obesity. Heart disease is a significant cause of death worldwide and its prevalence has risen in India over the last ten years. This rise in cardiac arrest and related issues is attributed to the fast-paced lifestyle and changes in habits.   Worldwide Primary Angioplasty in Myocardial Infarction (PAMI) is the gold standard treatment for the patients suffering from heart attack. Acute myocardial infarction or Heart Attack occurs due to sudden total occlusion (blockage) of blood vessels supplying heart due to formation of blood clots causing injury to heart muscle.   Primary Angioplasty in Myocardial Infarction (PAMI) procedure performed by Dr Vivek Agarwal, DM, cardiology and DNB...

Saffola emerges as India's Number 1 Oats* Brand

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~ Innovation in Taste and Flavour Proves to be a Winning Formula for the Indian Consumer ~ India, 25th October 2023: In a remarkable achievement, Saffola Oats, one of the leading brands of Marico Limited, has emerged as the Number 1 Oats* brand in India, according to Kantar Household Panel Data. Since its inception in 2011, the brand has crafted a legacy of trust, consumer understanding and innovation to meet the diverse taste preferences of the Indian consumer and offer “better for you” food products.  Saffola Oats has risen to prominence, experiencing remarkable growth within the category while seamlessly becoming a staple in the daily breakfast choices of consumers. The brand has witnessed an astonishing tenfold increase in offtake volumes since inception. According to the Kantar Household Panel Data, Saffola Oats now commands an impressive 43% share of the market in value terms, surpassing all competitors. The data also underscores that 1 out of every 11 households in the count...

Cello World Limited’s Initial Public Offering to open on Monday, October 30, 2023, sets price band at ₹617 to ₹648 per Equity Share

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Mr. Pradeep Rathod, CMD and Mr. Atul Parolia, CFO of Cello World Limited during IPO announcement at Mumbai Cello World Limited, a leading company in the consumer ware market in India with presence in the consumer houseware, writing instruments and stationery, and moulded furniture and allied products categories, and are amongst the largest brands in the Indian consumer ware market, has fixed the price band at ₹617 to ₹648 per Equity Share for its maiden initial public offer.  The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Monday, October 30, 2023, for subscription and close on Wednesday, November 01, 2023. Investors can bid for a minimum of 23 Equity Shares and in multiples of 23 Equity Shares thereafter. The Public Issue of face value of ₹5 per Equity Share is entirely an offer for sale of equity shares up to Rs 1900 crore. The offer also includes a reservation for a subscription by eligible employees and a discount of Rs 61 per equity share is being of...

OnePlus Ignites the Foldable Smartphone Market with Global Launch of the OnePlus Open

 A true replacement for single-display flagship phablets, the “Never Settle” OnePlus Open combines light, compact-slim design with revolutionary imaging to deliver the best foldable experience   Mumbai, India, 22nd October 2023: Global technology brand OnePlus today announced the global launch of its new folding flagship smartphone, the OnePlus Open. First of its kind for OnePlus, the OnePlus Open is set to disrupt the foldable market with its uncompromising specifications, bringing together OnePlus’ signature Fast & Smooth user experience, a Hasselblad Camera for Fold, and immersive spatial entertainment, all in an ultra-portable, modern elegant foldable design.  “The word ‘Open’ not only represents a new folding form factor, but also our openness to explore new possibilities allowed by bleeding-edge tech-solutions on the market. OnePlus Open provides unparalleled hardware, innovative software features and services built around the new form factor, continuing to live...

(Poonawalla Fincorp) Highest ever quarterly PAT of ₹ 230 crore in Q2FY24, jumps 77% YoY, AUM up 54% YoY to ₹ 20,215 crore, NNPA down to 0.72%

Pune, October 20, 2023:  The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC, focusing on consumer and MSME finance, today announced its unaudited financial results for the quarter ended September 30, 2023.    The Company achieved remarkable milestones, demonstrating strong financial growth and customer engagement during this period.   Key Highlights – Q2FY24 (Standalone):     Assets:  Highest Ever Quarterly Disbursement:  Poonawalla Fincorp has achieved the highest ever quarterly disbursement of  ₹   7,807 crore , up 151 %   YoY   and  11 %   QoQ.   Assets Under Management (AUM):  Poonawalla Fincorp's Assets Under Management (AUM) stood at  ₹   20,215 crore ,  up  54%   YoY   and  14 %   QoQ.  It reflects the trust and confidence placed by its customers.    Asset Quality:  Gross   NPA   a...