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Showing posts from December, 2023

India’s Hon. PM Shri Narendra Modi, GJEPC Chairman Vipul Shah in Rapaport's "People of the Year 2023” in global diamond industry

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Among 2023’s most powerful/Influential people in the global diamond trade National, 30th December 2023: The world’s most influential and most read diamond-focussed publication ‘Rapaport’ named Hon. Prime Minister of India Shri Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Vipul Shah, Chairman, The Gem & Jewellery Export Promotion Council (GJEPC); Gina Drosos, CEO, Signet Jewelers; Feriel Zerouki, president, World Diamond Council (WDC); Mokgweetsi Masisi, president, Botswana; Gabi Tolkowsky, Belgian diamond cutter;   were at the forefront hailed by Rapaport the most powerful/ influential people in the world to shape the future of the diamond industry.   Our “People of the Year” reflect the realities of 2023, said Rapaport in its foreword. Some of these individuals were directly involved in solving the industry’s acute problems — facilitating India’s freeze on rough imports, for example, or identifyin...

RAJNI KHURANA RETURNS HOME TO UGRO CAPITAL AS CHIEF PEOPLE OFFICER

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Rejoins with a Shared Management Vision of Creating the Largest Small Business Financing Institution Driven by Data and Technology     Mumbai, December 29, 2023:   UGRO Capital is delighted to announce the triumphant return of Rajni Khurana, a seasoned Human Resources professional, as the Chief People Officer (CPO). Rajni's homecoming is marked by her passion for empowering the MSME ecosystem and reinforcing UGRO Capital's commitment to becoming the largest Small Business Financing Institution driven by Data and Technology. With over two decades of diverse experience in Global Human Resources Management and Strategic Business Advisory, Rajni brings a wealth of expertise to her role. She has a proven track record in creating platforms for growing organizations, particularly in the financial services sector. Rajni Khurana was an integral part of the foundation team at UGRO Capital, where she played a pivotal role in scaling up the people function, establishing culture, valu...

Gateway of India Immortalized in Philately: Chief Postmaster General, Maharashtra Circle Unveils a Permanent Pictorial Cancellation at Taj Mahal Post Office, Mumbai.

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In a momentous event today, 28.12.2023 at the Taj Mahal Post Office, Mumbai  the Chief Postmaster General of Maharashtra Circle, Shri Kishan Kumar Sharma, unveiled a captivating permanent pictorial cancellation featuring the iconic Gateway of India. Simultaneously, the release of the 2024 calendar adorned with pictorial cancellations from Maharashtra and Goa added an artistic flair to the occasion. The unveiling of the permanent pictorial cancellation at the Taj Mahal Post  Office, Mumbai marks a historic tribute to the Gateway of India, one of the nation's most revered landmarks. This permanent pictorial cancellation is a testament to the Maharashtra Circle's commitment to celebrating cultural heritage through the medium of philately. The 2024 calendar released today offers a visual journey through Maharashtra and Goa, showcasing the unique charm and cultural richness of these states. Each month on the calendar is adorned with exquisite pictorial cancellation that encapsulate...

Grihum Housing Finance Rating reaffirmed at 'CRISIL A1+ '; Bank Debt and Non Convertible Debentures assigned 'CRISIL AA- / Stable'

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Company’s healthy capitalisation level, pan-India presence, and access to a diversified funding mix at lower funding costs are the key rating drivers Pune and Mumbai, India, December 28, 2023: We are delighted to announce that Grihum Housing Finance Limited (formerly Poonawalla Housing Finance Ltd), has garnered notable ratings from CRISIL, India’s largest rating agency.  Grihum’s short-term debt instruments have been rated ‘CRISIL A1+’, while its long-term debt instruments received a ‘CRISIL AA-/Stable’. Grihum’s robust capitalisation level, fund-raising ability, pan-India presence with 195 branches across 19 states, access to a diversified funding mix at lower funding costs and stable leadership team were some of the key reasons for its solid rating.  It also factored in the expectation of support to Grihum, from TPG, a global private equity firm, both on an ongoing basis and in the event of exigency. After the acquisition, TPG has committed Rs 1000 crore of fresh capital to...

Education Leadership Summit 2024- a leadership summit for Indian educators and school leaders.

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The summit is focused exclusively on improving quality of education in India and it is designed to cater to the specific needs of Indian school leaders To be held in Mumbai and Delhi, the summit is open to all schools across the country     Mumbai, 27th December 2023:  Michigan-based University of Michigan-Marsal Family School of Education in association with Globestar Consulting Services presents University of Michigan-Marsal Globestar Education Leadership Summit 2024, a leadership summit for Indian educators and school leaders. To be held in Mumbai and Delhi from January 28th to February 3rd, the summit will be spearheaded by experienced faculty members from the prestigious Marsal Family School of Education at the University of Michigan and Taubman College of Architecture and Urban Planning.   Conducted across 3 days each in Mumbai and Delhi, the summit will feature workshops, school visit, case studies and panel discussions and culminate with Education Diligence A...

Grasim wins Silver under Excellence in BRSR-Large Cap (Manufacturing Sector) at the 3rd Sustainability Reporting Awards by The Institute of Chartered Accountants of India (ICAI)

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Awarded by ICAI for Sustainability Reporting for third consecutive year Grasim Industries Limited ("Grasim") won “Silver” in Sustainability Reporting under “Excellence in BRSR-Large Cap (Manufacturing Sector) at 3rd  ICAI Sustainability Reporting Awards 2022-23. The awards ceremony was hosted at the National Stock Exchange (NSE) premises in Mumbai to recognise, reward and encourage initiatives of Businesses with a transformative contribution to the 2030 Agenda for Sustainable Development. It was attended by industry sustainability stalwarts, and professionals. Shri Ashish Chauhan, MD & CEO of the National Stock Exchange and CA Aniket Talati, President ICAI presented the prestigious award to Grasim represented by Pavan Jain, CFO, who was joined by Ankit Panchmatia, Head -Investor Relations, and Ms Sheetal Daga. "Grasim has the distinction of winning the ICAI Sustainability Reporting Award for the third consecutive time" stated Pavan Jain, Chief Financial Officer ...

NABARD Empowers Rural Artisans by Supporting their Participation in Mahalaxmi Saras 2023-24

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Mumbai, December 26, 2023: The Mahalaxmi Saras 2023-24, a celebration of India's rich cultural heritage, opened its doors on December 26th at MMRDA Ground, Bandra Kurla Complex (BKC) in Mumbai. The National Bank for Agriculture and Rural Development (NABARD) is supporting many artisans across the country to market their merchandise at the event. Shri Girish Mahajan, Minister of Rural Development & Panchayat Raj of Maharashtra, inaugurated the much-awaited event in the presence of distinguished guests, including Representatives of MSRLM, Shri Ruchesh Jaivanshi, CEO, MSRLM, Shri Parmeshwar Raut,COO, MSRLM, and Shri Raymond D’Souza, CGM, NABARD.  Organised annually since 2006 by the Ministry of Rural Development, Government of India, and the Department of Rural Development, Government of Maharashtra, in collaboration with the UMED-Maharashtra State Rural Livelihood Mission (MSRLM), the Mahalakshmi Saras Mela serves as a vital platform for Self Help Groups (SHGs), craftspeople, art...

U GRO CAPITAL AND LAGHU UDYOG BHARATI TO EMPOWER RAJASTHAN'S MSMEs

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Launches Pan-India Awareness Campaign to Educate Small Businesses on Government Schemes and Promote Digital Credit across the Country.   Jodhpur, Rajasthan, December 21, 2023:  U GRO Capital, a leading DataTech NBFC focused on MSME lending, has joined forces with Laghu Udyog Bharati, an organization dedicated to supporting and promoting micro-enterprises to conduct a seminar in Jodhpur, Rajasthan, as part of their nationwide initiative to educate small businesses on government schemes and promote digital credit. This eventis the first of 100 planned seminars,  aimed to raise awareness and provide education to micro-enterprises in India regarding government schemes, digital credit, and strategies for success in an evolving business landscape. This  is a pivotal step in empowering micro-enterprises across the country. The credit landscape for MSMEs in Rajasthan is undergoing a positive transformation and Jodhpur, the Sun City, holds immense potential for MSME growth. R...

Airtel Business enters into strategic partnership with IntelliSmart for powering up to 20 million smart meters

To offer end-to-end IoT solution for smart metering including Head end system, Cloud and Analytics  India, December 21, 2023 :  Bharti Airtel (“Airtel”), one of India’s leading telecommunications service providers, today, announced that it has formed a strategic partnership to power up to 20 million smart meters with IntelliSmart Infrastructure Private Limited, a leading smart metering and digital solutions provider. This partnership also marks Airtel’s foray into high end applications such as Advance metering infrastructure along with Cloud and Analytics. This  is the largest such deal in the smart metering space in the country. It will significantly contribute towards Airtel’s fast-growing IoT deployment across sectors.   Airtel’s IoT proposition includes its proprietary platform the “Airtel IoT Hub” which will help the utility track and monitor these smart meters with advanced analytics while maintaining extremely high reliability augmented with telco grade s...

NephroPlus and Indian Society of Nephrology (ISN) announce 'RENOVATE': The Data-Driven Academic Contest at ISNCON 2023

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National -December 20, 2023 :  The Indian Society of Nephrology (ISN) and NephroPlus have jointly announced the launch of 'RENOVATE,' an unprecedented academic contest at the 53rd Annual National Conference (ISNCON 2023) of the Indian Society of Nephrology. The conference was held from 14th to 16th December 2023 in Kolkata, the city of Joy that flows with creative energy. The conference featured several ground breaking sessions and discussions that fostered data-driven excellence in the field of nephrology. It also hosted faculty from all over the country and the world who will share their knowledge and experience with the students. RENOVATE stands as a pioneering academic initiative for the young Nephrologists in India to conduct clinical research on the clinical database from patient population of NephroPlus. Qualified Nephrologists must be ISN-registered members with less than three years of experience.   It is a reflection of NephroPlus’ commitment to promote the spirit of...

Thane’s one of the largest-ever Clubhouse opens up for Raymond Realty TenX Habitat residents

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~The newly inaugurated clubhouse holds built-up area built up of 51,000 sq.ft with unparalleled amenities that offers an aspirational yet affordable lifestyle~ • Sets new benchmark of handover of clubhouse to customers before project completion • Customers can use facilities prior to getting possession of their residential units • Key features include an indoor multipurpose hall, a squash and badminton court for sports enthusiasts, a theatre for movie lovers, a modern gymnasium equipped with the latest fitness equipment, and a serene swimming pool  • Equipped with a state of the art, a first of its kind community kitchen  Tuesday, 19 December 2023: Raymond Group’s real estate venture, Raymond Realty celebrated a momentous occasion today as it inaugurated Thane’s one of largest ever clubhouse for Ten X Habitat its maiden project. Delivered well in advance before the completion of entire Ten X Habitat project, the clubhouse marks yet another significant milestone that fo...

EbixCash Operations Insulated from the US-Only Chapter 11 Filing

NOIDA, INDIA – December 19, 2023 – EbixCash Limited today announced that its operations in India will not be affected, by the strategic US -only Chapter 11 process undertaken in the United States by Ebix, Inc.  EbixCash reiterated that the Chapter 11 proceedings apply to Ebix entities in the United States only and Ebix’s approximately 200 affiliates outside the United States are not included in the U.S.-only Chapter 11 filing and will continue to operate normally. EbixCash companies in India, besides all international subsidiaries and their franchisees around the world are not included in the Chapter 11 filing. All worldwide operations of the Company will continue to operate in the ordinary course and without any interruption. EbixCash has strong stand alone financials and governance, with its cash flows solely available for its own needs. Chapter 11 process mandates insulation between the international companies and the US company in terms of any intercompany dealings.

Škoda Auto India introduces Service CAM to enhance after-sales experience for customers

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• A new digital tool, representing transparency, convenience and modern technology for customers • Lends customers ability to remotely decide on additional work   • Smartphone app-based implementation and solution • Operational across all Škoda Auto dealerships  Mumbai, December 19, 2023 – Škoda Auto India, in its endeavour to improve customer satisfaction, has launched its all-new Service CAM initiative. The Service CAM, a smartphone app-based tool allows Škoda Auto India customers to remotely approve service and repair jobs of their Škoda cars while it is in service.  Service CAM is an all-new digital tool that enables dealerships to send video documentation of the vehicle to customers. In case of unforeseen defects observed during repairing of the car, customers receive a personalised link via SMS or e-mail, which includes the video and cost calculations towards the repairs. Customers can decide from the comfort of their homes or office, whether they would...

G-SHOCK marked its 40th Anniversary celebrations with SHOCK THE WORLD powered by Vh1 India in Mumbai featuring Icons, Vicky Kaushal and Father of G-SHOCK, Kikuo Ibe

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(L-R) Mr. Hideki Imai - Managing Director, Casio India, Mr. Shigenori Itoh - Executive Managing Officer, Casio Computer Co., Ltd, G-SHOCK Brand Ambassador - Vicky Kaushal & Mr. Kikuo Ibe - Father of G-SHOCK at SHOCK THE WORLD, Mumbai ~ The rocking line-up of artists including KR$NA, Paradox, Kayan and OG Shez celebrated the fusion of youth sub-cultures in India with the 4 decades of Absolute Toughness~ National, 19th December 2023: The heart of Mumbai pulsated with excitement as G-SHOCK, the trailblazing force in unbreakable watches, in collaboration with Vh1 India, brought SHOCK THE WORLD to India on December 16th, 2023. This global phenomenon, which was held in major cities around the world throughout the year, concluded 2023 in Mumbai. Marking G-SHOCK's 40-year legacy of resilience and innovation, the event was led by Bollywood actor and G-SHOCK brand ambassador Vicky Kaushal, and witnessed the convergence of the emerging youth street cultures with innovation, resilience, an...