Amrita Vishwa Vidyapeetham Wins Prestigious International Green Gown Award 2024

National, 21 October 2024: Amrita Vishwa Vidyapeetham has won the prestigious International Green Gown Award 2024 under the Benefitting Society category for its transformative Live-in-LabsⓇ initiative. This recognition highlights the university's multidisciplinary approach to experiential learning, addressing the challenges faced by rural communities and promoting sustainability. The award further cements Amrita’s leadership in environmental stewardship and social impact.

Amrita Vishwa Vidyapeetham also received accolades in three other categories:

● Highly Commended in Creating Impact for the My Village, Our Water initiative. For more details: https://www.greengownawards.org/amrita-vishwa-vidyapeetham-india1

● Finalist in Diversity, Equity & Inclusion in Sustainability for its E4Life PhD in Sustainable Development project. For more details: https://www.greengownawards.org/amrita-vishwa-vidyapeetham-india2

● Finalist in Nature Positive for Nurturing Nature (Amma's Sustainability Initiatives). For more details: https://www.greengownawards.org/amrita-vishwa-vidyapeetham-india3

With 95 finalists from 28 countries across 8 categories, the Green Gown Awards have become the most prestigious recognition of best practice in the further and higher education sector. This year’s awards spotlight universities and their efforts towards sustainability and global change. 

Amrita Vishwa Vidyapeetham is ranked 81st globally by the Times Higher Education (THE) Impact Rankings 2024, reflecting its commitment to impactful education and research. The university operates across nine campuses in five states. Amrita’s Chancellor, Sri Mata Amritanandamayi Devi (Amma), launched Live-in-LabsⓇ in 2013. This initiative bridges the gap between academic learning and practical community engagement, enabling students to immerse themselves in rural life and tackle real-world problems. Through collaboration with local governments, communities, and subject matter experts, Live-in-LabsⓇ offers scalable, affordable solutions that drive sustainable development. 

Dr. Maneesha V Ramesh, Provost and Dean, Amrita School for Sustainable Futures, said, “We are immensely proud to receive the International Green Gown Award 2024 in the Benefitting Society Category, along with recognition in three additional categories. The Live-in-LabsⓇ initiative exemplifies our dedication to sustainable development through experiential learning. 

Brahmaputra Valley Film Festival Announces Dates for its 9th Edition

Mumbai, 21st October 2024: Brahmaputra Valley Film Festival (BVFF) has announced the highly anticipated 9th edition which is scheduled to take place from December 5th to December 8th, 2024, at Jyoti Chitraban Film Studio in Kahilipara, Guwahati. This year, the festival is set to captivate audiences with a vibrant selection of films, showcasing powerful stories from the Northeast region and beyond.

 

With more than 220 film entries submitted this year, the festival will present a vibrant selection of films across both competitive and non-competitive sections, featuring categories such as feature films, documentaries, and short films. The non-competitive category will also highlight a diverse range of cinematic works that deserve recognition and appreciation. Both categories aim to inspire, engage, and shine a light on talented filmmakers while encouraging exchanging ideas and meaningful conversation within the industry.

 

Over the years, BVFF has screened over 280+ films, and received more than 1,200+ competition entries, with a strong focus on promoting the work of young filmmakers, over 800 of whom have been trained through the festival’s initiatives. Additionally, the last edition in 2023 drew an impressive footfall of 25,000+ attendees, highlighting the festival's growing impact and popularity in the region.

 

Tanushree Hazarika, Director of the Brahmaputra Valley Film Festival said, “We’re delighted to announce that the 9th edition of the Brahmaputra Valley Film Festival will be held on December 5th, 6th, 7th, and 8th, 2024, at Jyoti Chitraban in Guwahati. What started as a passion project to bring regional cinema to the global stage has now become a platform for emerging storytellers of the future. This festival has always been about embracing the art of storytelling and uplifting the voices and dreams of filmmakers from across India. Each year, our journey becomes more meaningful, with more stories to share and connections to celebrate. This year, we’re proud to bring an exceptional lineup of films that reflects both regional spirit and global perspectives. We warmly invite everyone to join us for these four days, where every story shared and every dream realized brings us closer as a community."

CaratLane Launches 300th store with grand inauguration by Nancy Tyagi

 

Celebrates a major milestone CartLane

Mumbai, 21 October 2024: CaratLane, India’s leading omni-channel jewellery brand, has reached an extraordinary milestone with the launch of its 300th store in Malad, Mumbai, just in time for Dhanteras. The store was inaugurated by Nancy Tyagi (Fashion Designer & Content Creator)—the face of the brand’s #WearYourWins campaign—with a ribbon cutting ceremony in the presence of loyal customers. This was followed by the tradition of a coal-breaking ceremony inside the store done by customers, marking the start of prosperous times ahead.

Currently, the brand boasts a strong presence in 130 cities across India, with over 370000 square feet of retail space. The new milestone store in Malad measures 900 square feet, charming with 1500+ breathtaking designs in store and providing a seamless customer experience—carrying forward the brand’s hallmark of superior service made possible through a well-integrated omnichannel experience. The store also offers instant engraving, ear piercing, ready inventory of higher ring sizes, and personalised gifting services, creating a delightful shopping experience.

True to its mission of making gorgeous jewellery more accessible across India, the brand has launched over 55 stores in tier 3 cities so far, including places like Dimapur, Pathankot & Attapur.

Saumen Bhaumik, MD & CEO, CaratLane, remarked, “The launch of the 300th store on the auspicious day of Karva Chauth is a proud milestone in the journey of Caratlane. We opened 12 new stores across India during this Navratri, continuing our endeavour to make beautiful yet affordable jewellery accessible to more and more Indian women. We are also launching our 1st store in the US, in New Jersey, marking the beginning of our international footprint.”

CaratLane offers a mix of beautiful studded and unstudded jewellery, including its unmistakable Iconic collections like Butterfly, Aaranya, and Ombre. Through interesting IP collaborations, the brand presents a wide range of products that evoke nostalgia with their Disney, Harry Potter & Minions collections. Most recently, CaratLane also launched beautiful and contemporary everyday wear gold jewellery in 22KT during the festive season — something the brand had never done before. 

The brand caters to all ages, offering 7,000+ designs that make it a go-to for every jewellery need. Currently, over 4000 designs are available on the festive offer—100% off on making charges. Visit CaratLane stores or www.caratlane.com to explore gorgeous diamond and gold designs.

Afcons Infrastructure Limited’s Initial Public Offering to open on Friday, October 25, 2024, price band set at ₹440/- to ₹463/- per Equity Share

Mr. Ramesh Kumar Jha, CFO, Mr. Paramasivan Srinivasan, MD, Mr. Subramanian Krishnamurthy, Executive Vice Chairman, Mr. Hitesh Kumar Singh, Head – Corporate Strategy Afcons Infrastructure Limited addressing the med.JPG

Mumbai, October 21, 2024: Afcons Infrastructure Limited, the flagship infrastructure, engineering and construction company of the Shapoorji Pallonji group, has fixed the price band of ₹440/- to ₹463/- per Equity Share of face value ₹10/- each for its maiden initial public offer. 

Last week, Afcons Infrastructure raised Rs 2,967 crore from the company’s management, individual and institutional investors in a pre-IPO placement. The pre-IPO book included names like GIC Singapore, Enam Holdings (Akash Bhanshali), Synergy Capital, 360 One, M&G Investments, Think Investments, Discovery Capital Management, Artian Investment from ArcelorMittal, Madhusudan Kela, White Oak and more. 

The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, October 25, 2024, for subscription and close on Tuesday, October 29, 2024. Investors can bid for a minimum of 32 Equity Shares and in multiples of 32 Equity Shares thereafter. A discount of ₹44 per equity share is being offered to eligible employees bidding in the employee reservation portion.

The IPO is a mix of fresh issue of up to Rs 1250 crore and an offer of sale up to Rs 4180 crore. 

The proceeds from its fresh issuance will be utilized to the extent of Rs 80 crore for capital expenditure towards purchase of construction equipment; Rs 320 crore for funding long term working capital requirements; Rs 600 crore for prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the company; and general corporate purposes.

Afcons Infrastructure Limited is an Indian conglomerate with a rich history spanning over six decades. The company has a proven track record of successfully delivering a wide range of complex and challenging engineering, procurement, and construction (EPC) projects both domestically and internationally. According to the Fitch Report, Afcons is recognized as one of India’s leading international infrastructure firms, as per the 2023 rankings by Engineering News-Record (ENR) based on international revenue for the financial year 2023.

Afcons operates across five major infrastructure business verticals:

· Marine and Industrial, encompassing projects such as ports, harbors, dry docks, LNG tanks, and material handling systems.

· Surface transport, including highways, interchanges, mining infrastructure, and railways.

· Urban infrastructure, covering metro works, bridges, flyovers, and elevated corridors.

· Hydro and Underground, comprising dams, tunnels, and water-related projects.

· Oil and Gas, involving offshore and onshore projects in the oil and gas sector.

The company has a strong international presence across various infrastructure sectors, as highlighted in the 2023 ENR rankings. Afcons ranks among the top international contractors globally in marine and port facilities, bridges, transportation, and transmission line segments based on international revenue for the financial year 2023, according to the Fitch Report.

Afcons has a history of completing projects ahead of schedule, including notable ones like the Jammu Udhampur Highway Project, Nagpur Metro Reach 3, and Agra Lucknow Expressway. As of June 30, 2024, Afcons is actively involved in 79 active projects across 17 countries. 

As of June 30, 2024, Afcons Infra's order book stood at ₹31,747.43 crore.

AIL's revenue from operations increased from ₹12,637.38 crore in the financial year 2023 to ₹13,267.50 crore in the financial year 2024. Profit after tax grew ₹449.74 crore in fiscal 2024 from ₹410.86 crore in fiscal 2023. Among large infrastructure construction companies in India analysed in the Fitch Report, Afcons has the highest ROCE and EBITDA margins and the second highest ROE and PAT margins for the Financial Year 2024, and the PAT has grown at the fastest rate between the Financial Years 2022 and 2024.

For the three months ended June 30, 2024, revenue from operations stood at Rs 3,154.36 crore, and profit after tax stood at Rs 91.59 crore.

ICICI Securities Limited, DAM Capital Advisors Limited, Jefferies India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, Nuvama Wealth Management Limited, and SBI Capital Markets Limited are book running lead managers, and Link Intime India Private Limited is the registrar of the issue.

The offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the offer shall be available for allocation to non-institutional bidders, and not less than 35% of the offer shall be available for allocation to retail individual bidders.

Notes for Reference: 

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

Fresh    OFS Total 

Lower Band (@Rs 440) Rs 1,250 crore Rs 4,180 crore Rs 5,430 crore

Upper Band (@Rs 463) Rs 1,250 crore Rs 4,180 crore Rs 5,430 crore

CDSL celebrates IOSCO’s World Investor Week with 'Slam the Scams’ campaign, organizes cycle rally in Mumbai

Mumbai, October 20, 2024: CDSL Investor Protection Fund (CDSL IPF) is pleased to announce the celebrations for World Investor Week 2024 (WIW), organized under the aegis of the International Organization of Securities Commissions (IOSCO) and the Securities and Exchange Board of India (SEBI). 

As part of the World Investor Week, CDSL IPF hosted a cycle rally to spread awareness of safe investing as well as fraud and scam prevention. The cycle rally was organized in collaboration with HR College of Commerce & Economics and Krisha Foundation as well as various cycling groups and over 200 participants were part of this initiative.

‘Slam the Scams’ campaign will also feature a series of investor awareness programs, and various activities designed to equip investors with practical knowledge and tools to increase awareness of fraud and scam prevention.

Shri Nehal Vora, MD & CEO, CDSL, said, “Our 'Slam the Scams' campaign perfectly aligns with World Investor Week’s focus on fraud and scam prevention. With investor education and financial literacy being more critical than ever, we are dedicated to raising awareness about frauds and scams to ensure investors are informed and protected. At CDSL, we are committed to strengthening trust in our financial ecosystem, empowering individuals to become Atmanirbhar investors, and enabling confident participation in India's economic growth."

World Investor Week is being celebrated this year in India from Monday, October 14 to Sunday, October 20, 2024. Securities market regulator Securities and Exchange Board of India (SEBI) is the national coordinator for the same.

ACME Solar Holdings Limited signs a power purchase agreement through its subsidiary ACME Platinum Urja Private Limited with Solar Energy Corporation of India for 150 MW of solar power with Energy Storage Solutions

New Delhi, October 18, 2024: ACME Solar Holdings Limited (ASHL or Company), through its Special Purpose Vehicle (SPV), ACME Platinum Urja Private Limited has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) for a hybrid project with a capacity of 150 MW of solar power integrated with Energy Storage Solutions (ESS).

 

This capacity is part of the total 350 MW capacity awarded to ASHL by SECI. The project will be executed through ACME Platinum Urja Private Limited, an SPV set up for this purpose.

 

The project would be connected to an inter-state transmission system at Tumkur-II substation in Karnataka for which the Company has applied connectivity with Central Transmission Utility.

 

This agreement reinforces ASHL’s commitment to supporting sustainable energy development and demonstrates the ASHL’s ability to execute large-scale, integrated renewable energy projects that is incorporated with advanced ESS technology.

 

 

ASHL is proposing an initial public offer (IPO), subject to receipt of requisite approvals, market conditions and other considerations, to offer its equity shares pursuant to an IPO and has filed a draft red herring prospectus dated July 2, 2024 (DRHP) with the Securities and Exchange Board of India (SEBI).

 

The DRHP is available on the websites of our Company, at www.acmesolar.in, SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Nuvama Wealth Management Limited, ICICI Securities Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited and Motilal Oswal Investment Advisors Limited at www.nuvama.com, www.icicisecurities.com, www.jmfl.com, www.kotak.com and www.motilaloswal.com,  respectively,  and the websites of the stock exchange(s) i.e., National Stock Exchange of India Limited and Bombay Stock Exchange 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 and Prospectus, once filed with the stock exchanges and SEBI. Potential investors should not rely on the DRHP for any investment decision”

 

About ASHL:

 

Established in 2015 to consolidate ACME Group's renewable energy business. Over the years, the Company has diversified and expanded its portfolio from solar power projects to become an integrated renewable energy Company in India. The Company develops, build, own, operate and maintain utility scale renewable energy projects (through our in-house engineering, procurement and construction division and operation and maintenance team), and generate revenue through the sale of electricity to various off-takers including central and state government-backed entities.

Utkarsh Small Finance Bank Expands in Maharashtra, Launches a New Banking Outlet in Kalyan

With this, the Bank has 78 banking outlets in Maharashtra and 969 banking outlets across the country.

Kalyan, 18^th October, 2024 – Utkarsh Small Finance Bank Limited (Utkarsh SFBL), today announced the inauguration of its new banking outlet in Kalyan, Thane Maharashtra. With this launch, the Bank continues to strengthen its presence in the state, ensuring greater access to banking services for the local communities.

Commenting on the expansion, Mr. Govind Singh, MD & CEO, Utkarsh Small Finance Bank Limited said, “We are delighted to expand our banking network in Maharashtra. Kalyan, with its rich cultural heritage and growing urbanisation, offers immense potential for economic development. Our new banking outlet will enable the local community to access essential banking services, contributing to financial inclusion and growth in the region.”

The Bank is in a position to provide an array of financial products and services to its customers, which includes savings and current accounts, fixed deposits and recurring deposits. To cater to the aspirations of its customers, the Bank offers various loan products such as housing loans, business loans and loan against property.

With its banking outlet infrastructure, digital banking capabilities and ATM network, the Bank offers integrated customer service. Apart from this, the Bank offers multiple channels such as Internet banking, Mobile banking, Unified Payment Interface (UPI) and Call Centre.

Utkarsh SFBL aims to provide financial services to underserved and unserved customer segments while serving other segments of society including micro-banking loans (JLG loans), MSME loans, housing loans and loan against property amongst others. Also, the Bank provides facility to customers for opening a bank account without having to visit the branch through the tablet-based application assisted model, “Digi On-Boarding”.

SEBI, Exchanges, Depositories & Industry Leaders come together to boost financial literacy at AarthageniX Expo 2024

 Ankit Ajmera , Advisor, Aarthagenix, N S Venkatesh - Advisor Aarthagenix, Shri Deepak Trivedi - CGM SEBI, Shri  V S Sundaresan - Executive Director- SEBI, Shir Ankit Sharma - CRO NSE, Shri Rishi Nathany - CBO MCX,Shri Sunil Ramrakhiani - CBO BSE, Shri Yogesh Kundani - Sr.Vice President - CDSL , Shri Krishna Kumar - Director, Aarthagenix, Shri Dheeraj Garg - Director, Aarthagenix

● AarthageniX India’s largest Financial literacy & networking Expo attracted thousands of young investors, entrepreneurs, and financial experts

● First-of-its-kind effort to boost financial literacy across India

● Attendees engaged in hands-on workshops, insightful seminars, and interactive exhibits empowering individuals with the tools to build lasting wealth

Mumbai, October 18, 2024: The debut of AarthaGenix Expo 2024 at the Bombay Exhibition Center (NESCO) brought together industry leaders, regulatory authorities, and financial innovators in a first-of-its-kind effort to boost financial literacy across India. The two day event drew thousands of attendees, from young investors to experienced entrepreneurs, eager to gain valuable insights and skills to build a more financially secure future.

Keynote speakers included Shri V S Sundaresan, Executive Director of SEBI, representative from NSE, BSE, MCX  along with CDSL, NISM and  prominent financial firms such as Sharekhan, Upstox, PGIM Mutual Funds, HDFC Securities and others. These leaders shared their vision for fostering a financially literate India, stressing the need for accessible financial education and strategic investments for long-term economic well-being.

Attendees participated in hands-on workshops, gained insights from interactive exhibits, and enjoyed interactive sessions, where investment strategies were put to the test through real-time simulations, engaging participants in a friendly manner. These challenges, alongside investor matchmaking sessions, helped bridge the gap between knowledge and action, creating opportunities for collaboration and future ventures.

In his opening address, Mr. Ankit Ajmera, Advisor at AarthageniX highlighted the urgency of improving financial literacy in the country. He expressed excitement about the potential to grow the event further, saying, “We’re already planning the next expo, with more innovative sessions and expanded networking opportunities to continue this important mission.”

Shri Rishi Nathany, Chief Business Officer, Multi Commodity Exchange of India (MCX) said : "Aarthagenix’s initiative during World Investor Week is essential. Financial literacy is about two things: knowing what to do and knowing what not to do. What to do means investing wisely by understanding risks and planning effectively. What not to do is avoid scams that threaten hard-earned wealth. Through physical and digital outreach, we aim to empower individuals, MSMEs, corporates, farmers, and more, helping them make informed financial decisions and stay protected in today’s evolving market landscape."

Speaking on the success of the inaugural event, Mr. Ankit Ajmera, Advisor at AarthageniX stated, “AarthageniX has set a new standard for financial literacy events in India. We’ve seen incredible enthusiasm and engagement from attendees, and this is just the beginning." He emphasized the event's focus on empowering individuals with practical tools and knowledge to navigate an evolving financial landscape.

About AarthaGenix Expo

AarthaGenix Expo is India’s premier financial literacy and networking event designed to empower young adults and new investors. The expo features seminars, workshops, and interactive exhibits led by top industry experts. It offers opportunities to learn about equity investing trends, wealth management, financial planning, and entrepreneurship. 

Apollo Performs Rare Endoscopic Craniosynostosis Surgery in a 3-month old

Early diagnosis of craniosynostosis can prevent the need for open-skull surgery in babies

Navi Mumbai, 17 October 2024: Endoscopic surgery for craniosynostosis, a rare condition where an infant's skull bones fuse prematurely, was successfully performed at Apollo Hospitals Navi Mumbai. The groundbreaking procedure was performed on a 3-month-old infant by Dr. Sumeet Pawar, Consultant Neurosurgeon at Apollo Hospitals Navi Mumbai. The rare condition, which occurs in 1 in 2000 births, restricts the growth of the brain. Early detection is crucial, as timely intervention can prevent the need for more invasive surgeries later in life.

The young baby was brought to the hospital as the parents noticed that the infant’s facial features, especially the eyebrows, were not symmetrical. Upon evaluation, the infant was diagnosed with craniosynostosis, a rare congenital condition where the infant's skull bone fuse too soon, restricting the skull's ability to grow normally, and leading to an abnormal head shape. If not corrected, this can lead to increased pressure on the developing brain, causing developmental delays and neurological issues. Timely surgical intervention can correct the skull shape, relieve pressure on the brain, and allow normal growth and development.

Dr. Sumeet Pawar, Consultant Neurosurgery, Apollo Hospitals Navi Mumbai, said, "Early diagnosis is crucial, especially in the first three months of life, as it allows us to perform the procedure endoscopically between 3-6 months of age with just a 2.5 cm incision. However, if the diagnosis is delayed and the baby is between 6-9 months old, the child will require open skull surgery, involving a much larger 20 cm incision. At such a young age, this becomes a major surgery with higher risks. Our goal is to operate as early as possible to avoid the need for open skull surgery and ensure a safer, less invasive correction. We are very happy with the successful outcome and hope this paves the way for more such interventions on infants with this condition in the region. The procedure resulted in minimal blood loss and reduced the infant's stay in the ICU to just one night."

Following the surgery, the child will be fitted with a custom 3D-printed helmet designed to guide skull growth and correct its shape over the next two years. Regular follow-up visits will ensure the helmet is adjusted appropriately to facilitate near-normal skull development.

Mr Mrigendra Prata, father of the baby from Bhopal shared, "We noticed unusual facial features in our baby and immediately began searching for the right expert. It was during our consultation with Dr. Sumeet that we learned about craniosynostosis. We didn’t want to risk delaying treatment, as it could have affected our baby’s growth and development. Choosing endoscopic skull surgery was the best decision, and we’re amazed at the remarkable recovery our baby has made. We are deeply grateful to Dr.  Sumeet and Apollo Hospitals, Navi Mumbai, for giving our child a new lease on life."

FUJIFILM Introduces New Wide-Angle Broadcast PL mount Zoom Lens: FUJINON HZK14-100mm – ‘Duvo Portable’ at Broadcast India

- Launched in the Presence of Renowned Director Leena Yadav and acclaimed cinematographer and filmmaker Aseem Bajaj, this is the first wide zoom lens in the Duvo series, offering cinematic visuals with stunning bokeh, combined with the intuitive operation of a broadcast lens.

- Covering a versatile 14mm wide-angle to 100mm mid-telephoto, this compact and lightweight lens measures just 266.9mm in length and weighs 2.54kg, ensuring high mobility and ease of use.

- Dual-format compatibility enables seamless use with both Super 35mm and full-frame sensors.

Mumbai, October 17, 2024: FUJIFILM India, a leading company in Broadcast, Cine lenses and Electronic Imaging announced the launch of its new portable broadcast zoom lens, the FUJINON HZK14-100mm (Duvo Portable) at the 33rd edition of the Broadcast India Show. As the third lens in the Duvo series, following the FUJINON HZK25-1000mm (Duvo Box) and FUJINON HZK24-300mm portable lens, and the first wide zoom model, this lens is designed to deliver cinematic-quality visuals while maintaining the smooth, reliable operation of broadcast lenses. Targeted at filmmakers and broadcasters, the FUJINON HZK14-100mm provides an ideal balance of image quality and practical functionality, making it a versatile tool for various productions. 

The FUJINON HZK14-100mm is a compact, lightweight dual-format lens designed for large image sensors, boasting of 7.1x Zoom, offering a 14-100mm focal range in Super 35. With the built-in 1.5x expander, it extends to 21-150mm, providing coverage for 16:9 in large-format cameras. Weighing just 2.54kg and measuring 266.9mm, it's the most portable in the Duvo series. This lens delivers cinematic visuals with beautiful bokeh, using advanced aspheric elements and Super-ED lenses. It offers seamless broadcast-style operation and is compatible with third-party cinema accessories, making it versatile for both broadcast and cinematic production.

The FUJINON HZK14-100mm offers a range of advanced features, making it a standout in broadcast and cinematic production. Designed for cinematic visuals, the lens incorporates high-quality aspheric elements and Super-ED lenses, which reduce aberrations and deliver beautiful cinematic footage with stunning bokeh, even at a maximum aperture of T2.9. Its operational flexibility is enhanced with a broadcast-style drive unit for seamless zoom and focus, and it is fully compatible with third-party accessories commonly used in cinema production.

Renowned Film Director Ms. Leena Yadav said “Thanks to the evolving taste of the consumers today, cinema has matured and now opened it’s doors to cinematic freedom. I see this new Fujinon 14-100mm Duvo Lens as an enabler of my imagination. From what I hear through the experts here, this Lens would give me a wider and shallow depth of field along with good low-light output. I am sure this series of lens would help to empower the imagination of the Indian film industry as well.

Mr. Aseem Bajaj, acclaimed cinematographer and filmmaker, talked about the versatility of FUJIFILM’s lenses, which he experienced first hand while shooting the film ‘Becoming’ with Fujinon Premista series of cine lenses (19-45mm; 28-100mm; 80-250mm) “Working with Fujinon was a game-changer in terms of image quality and depth of field. The seamless fusion of the FUJINON lenses and the GFX series allowed me to capture the soul of ‘Becoming’ with stunning detail, rich colors, and cinematic bokeh. The new Duvo series seems to be a very promising product and 14-100mm sounds very exciting to me. Looking at the specifications, I am sure this product will be a gamechanger as far as cinematic shots and perspectives from a low light is concerned. I am looking forward to getting hands-on and using the Lens soon.

Mr. Koji Wada, Managing Director, FUJIFILM India, shared his enthusiasm, “At FUJIFILM India, we are committed to delivering innovative products and solutions that embody our philosophy of ‘Value from Innovation.’ By blending diverse ideas, unique capabilities, and extraordinary people, we aim to create solutions that bring joy and smiles to the world. The new FUJINON HZK14-100mm lens exemplifies this mission, offering broadcast professionals the flexibility and quality they need to achieve outstanding results in various environments.”

Large image sensor cameras are becoming more prevalent in the broadcast industry to fulfill the demand for cinematic qualities like shallow depth of field, beautiful bokeh, and high dynamic range. While cinema lenses excel in these areas, they often lack the zoom capabilities and ease of use required for broadcast applications. The FUJINON HZK14-100mm overcomes this challenge by delivering cinema-quality visuals alongside the ergonomic operation of broadcast lenses. With this innovation, FUJIFILM reinforces its commitment to advancing optical technology for video professionals.

About FUJIFILM India:

FUJIFILM India Pvt. Ltd. Established in 2007 is a wholly owned subsidiary of FUJIFILM Holdings Corporation, Tokyo. FUJIFILM India is present in four business segments – Healthcare, Electronics, Business Innovation and Imaging. With a vast portfolio of technologically advanced products, the company is involved in the business of Healthcare, Endoscopy Systems, Photo Imaging Solutions, Electronic Imaging, Instant Photo System (Instax), Optical Devises, Graphic Communication Solutions, Multifunction Printers, Recording Media & Industrial Product. For more information please visit: https://www.fujifilm.com/in/en

Day 1 of IFAT India 2024 sees a record-breaking visitor turnout, reflecting India’s urgent focus on environmental solutions

 

• 485 exhibitors from across the globe, underscoring IFAT India's position as the region's leading platform for environmental technologies.

• Global presence with 20% international participation alongside dedicated pavilions from Germany, Canada, South Korea, Switzerland, Norway and The Netherlands.

• More than 28,000 expected visitors over 3 days, including industry professionals, government bodies, policymakers, and academicians.

• IFAT India 2024 is being held at the Bombay Exhibition Centre (BEC), Mumbai from 16-18 Oct 2024.

 

Mumbai, October 16, 2024:

 

The opening day of the 11th edition of IFAT India kicked off to a tremendous start, with a surge in visitor numbers, highlighting India’s growing focus on addressing environmental challenges, particularly in the areas of water, waste, and recycling management. Held at the Bombay Exhibition Centre, Mumbai, the event is already attracting significant attention with its diverse showcase of innovative technologies and knowledge-sharing platforms. There have also been a significant number of product launches on Day 1.

 

A Global Gathering of Innovators

 

The overwhelming turnout on the first day is a testament to the urgent need for sustainable wastewater, solid waste management and recycling solutions in India, a country facing significant environmental pressures. This year’s edition of IFAT India features 485 exhibitors from India and across the globe, highlighting its expanding role as a key platform for environmental solutions. Domestic and international participants are coming together to address the pressing challenges of urbanization, including the rising demand for clean water, efficient waste management, and pollution control. With an unprecedented number of visitors—industry experts, government bodies, policymakers, and innovators—IFAT India 2024 serves as a crucial forum for exchanging ideas and showcasing cutting-edge technologies that aim to create more sustainable and resilient cities for the future.

 

The inauguration ceremony featured an illustrious gathering of dignitaries including:

• Bhushan Gagrani, IAS, Municipal Commissioner of Brihanmumbai Municipal Corporation (BMC)

• Sanjay Katkar, Municipal Commissioner, Mira Bhayander Municipal Corporation

• Bhupinder Singh, CEO, Messe Muenchen India

• Achim Fabig, Consul General of the Federal Republic of Germany, Mumbai

• Monica Nagelgaard, Consul General of Norway, Mumbai

• Jayraj Pathak, DG, AIILSG

• Monica Nagelgaard, Consul General of Norway, Mumbai

• Michael Kuhn, GWP

• Martin Maier, Consul General of Switzerland, Mumbai

• Nabil Taouati, Consul General of The Netherlands, Mumbai

• Vivek Agarwal, ISWA, amongst many others.

 

This year, IFAT India also witnessed notable participations of Bruhat Bengaluru Mahanagara Palike, Surat Municipal Corporation, Greater Visakhapatnam Municipal Corporation, Municipal Corporation of Greater Mumbai, Darjeeling Municipal Corporation, Shimla Municipal Corporation, Lunglei Municipal Corporation, Municipal Committee of Leh, Dehradun Municipal Corporation, Pimpri Chinchwad Municipal Corporation, Pune Municipal Corporation, Port Blair Municipal Council, and Suchitwa Mission Kerala.

 

Speaking at the inauguration, Bhushan Gagrani, IAS, Municipal Commissioner of Brihanmumbai Municipal Corporation (BMC) stated, “The technologies showcased at IFAT 2024 are truly of a global scale, opening up significant investment opportunities in environmental technologies for both the public and private sectors. In the past, people traveled across the world to discover such innovations, but now they are all gathered here in Mumbai. This presents a tremendous opportunity for all involved, and I assure you that the Government of Maharashtra and the municipal corporation will fully leverage IFAT India to enhance the delivery of their environmental solutions.”

 

Sanjay Katkar, Municipal Commissioner, Mira Bhayander Municipal Corporation, added, “It is a delight to be a part of such a grand conclave where all stakeholders from across the globe have come together to find out sustainable solutions for waste management. The Mira Bhayander corporation has always been fervently dedicated better management of water and waste to foster better living and we have achieved waste segregation of up to 85 per cent. Simultaneously, we are also dedicated towards providing a better living for the rag-pickers by ensuring good employment opportunities for them.”

 

Emphasizing the role of IFAT India in shaping the future of environmental technologies, Bhupinder Singh, CEO, Messe Muenchen India, said, “We are excited to see such a robust response on Day 1. IFAT India 2024 is not just a platform to showcase solutions—it is a driving force behind India’s transition to sustainability. The impressive participation from global and local stakeholders underlines the importance of collaboration in tackling the complex environmental challenges we face. This year, we are focusing on fostering partnerships to lay the groundwork for transformative water and waste management solutions. Sustainability is non-negotiable, and our efforts here aim to set a new benchmark for environmental practices.”

 

Adding to this, Robin Fernandes, Business Unit Head, Capital Goods & Outbound, said

“Our goal at IFAT India is to lead the conversation on sustainability and provide a global platform where innovation meets action. The first day’s turnout is a clear indication that the industry is eager to engage with solutions that are tailored to India’s unique needs. By bringing together the best minds and technologies from around the world, we aim to accelerate India’s journey towards a sustainable future.”

 

IFAT India 2024 continues on 17-18 Oct 2024 at the Bombay Exhibition Centre (BEC), Mumbai. The trade fair brings together 500+ domestic and international technology and solution providers under one roof and hosts 28,000+ trade visitors to discover environmental solutions related to water, sewage, solid waste and recycling.

'ChandraPhool' Wins First prize in Vasant Tawde Smruti Contest

 

Mumbai to set a New World Record for the World’s largest Gen AI hackathon

2000+ developers expected to participate at MumbaiHacks 2024
on Oct 25-26

Mumbai, 16 October 2024: Mumbai is poised to lead the next wave of Gen AI innovation as the Tech Entrepreneurs Association of Mumbai (TEAM) and Made in Mumbai, in partnership with NVIDIA, Meta, Quantiphi and ATLAS SkillTech University,  is set to host India’s largest Gen AI Hackathon—'MumbaiHacks'. The event will be held at ATLAS SkillTech University in BKC, Mumbai, on October 25th and 26th, 2024. Building on the excitement, Mumbai will host a landmark AI Week this month, starting with NVIDIA's flagship AI Summit—one of just three global conferences, alongside Washington D.C. and Japan—followed by the eagerly awaited ‘MumbaiHacks’.

Marking its two years of operations, TEAM has consistently pushed boundaries in positioning Mumbai as a global tech hub, and ‘MumbaiHacks’ will significantly reinstate the efforts. TEAM is committed to democratizing the advancement of Gen AI innovation, by bringing together not only engineers and developers but also key stakeholders from policy, politics, civil society, law, non-profits, business, the creative arts, film, and journalism to ensure a holistic approach to AI innovation that is informed by a broad range of perspectives, to drive solutions that are both impactful and far-reaching.

In its third edition, ‘MumbaiHacks’ continues to elevate the city’s tech dominance, growing in scale and impact with each passing year. This year, the hackathon debuts an enhanced and elevated format, with a distinguished jury of industry leaders including Siddharth Roy Kapur, Founder & MD, Roy Kapur Films;  Faye Dsouza, Journalist; Aakrit Vaish, Advisor, IndiaAI; Naiyya Saggi, Co-Founder, Good Glamm Group; Vivek Khemani, Co-Founder, Quantiphi; Aakash Kumar, MD, Z47; Sumeet Mehta, Co-Founder, LEAD School;; Sameer Nath, CIO & Head, 360 ONE AMC; Deepti Shibad, Director, Crisil; Sanjiv Bhatia, President & Head, New Economy Group, Axis Bank; Raj Aradhyula, CDO, Fractal; Abhishek Ravi, CIO, Dream Sports; Harshjit Sethi, MD, Peak XV & Priti Rathi Gupta, Co-Founder, Lxme.

MumbaiHacks will challenge developers to innovate with purpose, focusing on four key tracks that reflect the most impactful opportunities in AI-driven transformation:

• Social Good: economic development, science & innovation, public services & education & skills

• Finance: fintech, investments, banking & wallets

• Entertainment: art, games, movies & AR/VR

• Saas: platform, productivity, marketing & CRM

"MumbaiHacks is set to become the world's largest gen AI hackathon, with over 2,000 developers pushing the boundaries of technology and setting new benchmarks. As Gen AI's impact expands, this event will bring together the brightest minds to tackle today’s most pressing challenges. Positioned at the heart of one of India’s most dynamic tech ecosystems, MumbaiHacks will be a catalyst for cutting-edge innovation and a game-changer for the future of technology. This year's edition promises not just to meet expectations but to redefine them. Adding to the excitement, Mumbai will host a landmark AI Week featuring NVIDIA’s flagship AI Summit—one of only three held globally alongside Washington D.C. and Japan—followed by the highly anticipated MumbaiHacks. This week will firmly establish Mumbai as a key player in the global AI landscape." said Aakrit Vaish, Co-Chair, Tech Entrepreneurs Association of Mumbai (TEAM), Advisor to the India AI Mission and Co-Founder, Haptik.

"At Meta, we believe that AI should be open and accessible to everyone, especially in India. We support partners like TEAM to foster innovation and empower developers, researchers, and entrepreneurs to create solutions for societal challenges. Our vision is to democratize AI, driving impact for communities across India. Through collaboration and transparency, open-source AI can serve as a force for good, amplifying tech-driven social transformation. We are excited to see how 'MumbaiHacks' can harness the power of GenAI to tackle real-world challenges and further India's status as a global hub for AI innovation." said Shivnath Thukral, Vice President and Head of Public Policy, Meta India, while commenting on Mumbai Hacks.

Some of the leading generative AI companies that are members of the Tech Entrepreneurs Association of Mumbai (TEAM) include Haptik, Fractal, Invideo, Gupshup, Quantiphi, Pepper Content, Consumr.ai, Netcore, Neysa Networks, CleverTap, Sifthub and Babblebots.AI, among others. These innovators are shaping Mumbai’s reputation as a key hub in the global AI landscape, driving advancements across conversational AI, content creation, data analytics, and automation.

Talking about the milestone initiative in the city, Shiv Sena UBT leader and former Maharashtra cabinet minister, Aaditya Thackeray earlier tweeted, “It’s incredible to witness one of the world’s biggest hackathons unfold right here in Mumbai. The fusion of innovation, creativity and technology has the potential to shape the future in ways we can’t yet imagine.” 

According to an EY report, Gen AI could boost India's GDP by $359-438 billion by 2030, representing a 5.9-7.2% increase. Over seven years, the cumulative impact could reach $1.2-1.5 trillion, adding 0.9-1.1% to annual growth. The impact will vary across sectors, with business services, finance, transportation, education, retail, and healthcare expected to benefit most. Projected to become the third-largest economy by 2027, India’s path to a $26 trillion future hinges on General AI.

The Tech Entrepreneur’s Association of Mumbai (TEAM’s) areas of focus center around creating a supportive environment for cementing Mumbai as a global hub for the venture and startup ecosystem and to support India’s potential to be a trillion-dollar digital economy. The operating principles it is built on are in creating macro and micro communities of founders, CXOs, teams, institutionalised inclusive mentorship opportunities for younger ventures and teams along with building infrastructure and skilling capabilities with strategic government, venture and corporate partnerships.

Key tracks & problem statements:

Social Good:

• Economic Development: The vast majority of our population is underserved and not catered to. Can we use AI to promote their financial inclusion and economic empowerment?

• Science and Innovation: Implement AI-based systems to detect food adulteration, ensure food safety, and enhance quality control.

• Public Service: Our country needs to make public spaces safer. Can an AI powered system solve for reducing the rate of crimes against women?

• Education and Skills: Classroom learning ignores diversity in people. How can AI help bridge the gap between teaching at scale and individual needs?

• Finance:

• Fintech: India needs its own way to assess creditworthiness beyond just credit scores. Can AI look at alternative data sources and predict it instead?

• Investments: There’s a million sources of financial advice and investment recommendations on the internet. Can people have their own personalized AI-powered one?

• Banking: AI is getting better and better at impersonation and fraud. How do we keep people safe?

• Wallets: Temperatures globally are on the rise. Can AI use our transaction data to intelligently track and then suggest ways to reduce our carbon footprint?

• Entertainment: 

• Art: India’s heritage is full of vibrant and unique art, but many have been damaged or degraded. Can AI undo the effects of time?

• Games: Games are for everyone, with varying ability and skill sets. How can AI personalize game content and difficulty to match the player?

• Movies: One trailer per movie doesn’t quite cover everyone’s favorite parts. Can AI generate trailers with different highlights for varying demographic needs?

• AR/VR: AI has a lot of potential in healthcare training and surgical simulation. How can we make this happen in AR or VR?

• SaaS: 

• Platform: Hyperlocal has taken off in India, but demand prediction remains a challenge. Can AI help with inventory management?

• Productivity: Work from home culture is here to stay. How can we use AI to make the new normal easier for managers and employees alike?

• Marketing: India is diverse and marketing needs to adapt. How can AI help with Indian consumer behavior patterns, cultural nuances, and regional preferences?

• CRM: CRM segmentation typically overlooks a lot of Indian-specific nuances, like culture, region and socio-economics. Can AI help bridge those gaps

More about TEAM:

Tech Entrepreneurs Association of Mumbai (TEAM) is a non-profit, independent industry association formed with the mission of advancing the tech ecosystem of Mumbai. Formed by some of the city's most successful tech founders, TEAM is on a mission to promote Mumbai as the hub for tech entrepreneurship. Its 65+ members are founders from Mumbai-based tech companies: BillDesk, BookMyShow, Chalo Mobility, CitiusTech, CleverTap, Dezerv, Dream11, Drip Capital, Eruditus, Fino Payments Bank, Fractal Analytics, FlexiLoans, Games24x7, GetVantage, GOQii, Gupshup, Haptik, Hungama, Infibeam Avenues, Invideo, LEAD School, Loco, LogiNext, LoveLocal, Mosaic Wellness, Nazara Technologies, Netcore Cloud, Shaadi.com, Pepper Content, Pepperfry, PharmEasy, Pine Labs, Prismforce, Purplle, Quantiphi, Rebel Foods, Route Mobile, Servify, The Good Glamm Group, The Souled Store, Turtlemint, upGrad, Upstox, WebEngage, and Zeta.

Anamta Ahmad, World’s youngest recipient of Shoulder-Level Arm Transplant Set to Return Home Happily, After A Month

L To R Monika More , Dr Bipin Chevale, Dr Nilesh  Satbhai, Patient Anamta and Mr Anurag Yadav at conference  at Gleneagles  Hospital Parel Mumbai

Anamta is also the world’s first female to receive a shoulder level arm transplant...!

Mumbai: The atmosphere at Gleneagles Hospitals in Parel, Mumbai was filled with excitement and happiness as 15-year-old Anamta Ahmad, the youngest recipient in the world to successfully undergo a shoulder-level total arm transplant, was discharged a month after undergoing the milestone surgery. As she joyfully stepped out of the hospital, nurses and paramedical staff gathered to applaud, cheer, and honor her bravery. As Anamta said goodbye to everyone with a heavy heart, Dr. Nilesh Satbhai Head of the Department- Plastic, Hand, Reconstructive Microsurgery and Transplantation, and his team, who carried out the complex 12-hour procedure, expressed satisfaction and pride in her determination and recovery, offering blessings as she began a new chapter in her life.

Two years ago, 13-year-old Anamta Ahmad from Goregaon, Mumbai, visited her hometown of Aligarh in Uttar Pradesh for a vacation. While playing with her cousins on the terrace, she suffered a severe electric shock and burns. As a result of the injuries, gangrene developed in her right hand, necessitating amputation thrice. Her left arm suffered significant damage and limited functionality due to major wounds. Her parents tried hard to find a solution for the problem, at multiple hospitals within the country and also few international hospitals. They faced refusal at all places that they went.

Finally they met Dr. Nilesh G. Satbhai at Gleneagles Hospital, Mumbai who took up the challenge of this difficult transplant surgery. She was registered for hand transplant and had to wait for more than 1 year to get a suitable donor.  

A month ago, Anamta underwent her arm transplant surgery and made history by becoming the youngest recipient globally to receive a successful arm transplant at the shoulder level. 

Anamta is also the first female in the world to have undergone a shoulder level transplant. 

Anamta received the hand from a 9-year-old brain-dead donor from Surat, who happens to be the youngest hand donor of the country till date.

“This moment feels like a dream come true. Life is so different without functional hands, and I couldn't be happier. I'm overwhelmed with joy and gratitude to the donor and her family. After the electrocution incident, I didn't know what the future held, but I remained hopeful. Now, with this new hand, I’m determined to shape my future. Although it will take a year to regain full functionality, I'm committed to the treatment plan. This hand transplant has rekindled my hope and given me a second chance at life. I am eternally grateful to Dr. Nilesh Satbhai and his team for making this possible after such a long wait.”, said Anamta Ahmad.

The team at Gleneagles Hospital, who performed this intricate hand transplant, is now dedicated to helping others seeking the same hope. 

Having worked for over 20 years to raise awareness about organ donation, I am honored to have played a pivotal role in communicating with and encouraging this donor family to contribute to the life-saving cause of hand transplantation." — Mr. Nilesh Mandlewala, Donate Life

“Hand donation is still rare as families often hesitate to donate hands, but awareness is growing. Anamta’s injury was complex and she had lost her right upper limb at shoulder level. Her transplant surgery was extremely challenging and it required complex vascular and nerve repairs at a very high level (under the collar bone). The surgery took us almost 12-hours and it was a race against time. At such a proximal level, it is extremely crucial to restore the blood circulation of the transplanted limb within a specific time limit, to ensure the survival of the limb and the safety of the patient. A month later, she is recovering well, and is ready to go home. Though she will need lifelong immunosuppressants and associated care, her journey is an inspiration. Her resilience reminds us all to face life’s challenges with courage,” said Dr. Nilesh G. Satbhai, Head of Plastic, Hand, Reconstructive Microsurgery and Transplantation, Gleneagles Hospitals, Mumbai.

 “For amputees, a hand transplant is the only life-altering and viable solution, enabling them to restore functional use of their hands and achieve independence. Following Anamta's successful hand transplant which marked the 12th successful transplant at the Hospital, we have witnessed a surge in interest, with multiple online inquiries and in-person requests from several hand amputees from Mumbai and other cities across India and abroad as well. As a leading facility for hand transplants in Mumbai and western India, Gleneagles Hospital is equipped with state-of-the-art technology, and novel techniques, and adheres to the highest standards in reconstructive transplantation surgery. Our motto is to deliver exceptional patient care, and empower individuals to reclaim their lives with renewed vigor and independence” concluded Dr. Bipin Chevale, Chief Executive Officer (CEO), Gleneagles Hospitals, Parel, Mumbai.

Sagility India Limited gets Sebi nod for IPO

Sagility India Limited, one of the largest technology-enabled, pure-play healthcare focused solutions and services provider to Payers, and Providers, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).

The Company had filed its IPO papers with Sebi on June 28, 2024.

 

The IPO, with a face value of Rs 10 per equity share, is entirely an offer for sale of up to 984.46 million equity shares by Sagility B.V, the Promoter Selling Shareholder. The offer includes a reservation for subscription by eligible employees. 

 

Established in 2021, the Bengaluru based company provides technology-driven services to both Payers and Providers, covering core benefits administration and clinical services. These include claims management, payment integrity, clinical management, and more. For Providers, it offers revenue cycle management services to help with billing and treatment cost claims from Payers. It also extends some of its Payer services to pharmacy benefit managers (PBMs), who manage prescription drugs for insured individuals under health plans.

Health payers are entities that pay for or reimburse healthcare services for insured members through health insurance plans. Healthcare providers are individuals or healthcare facilities that are licensed to deliver care services or aid in care delivery such as doctors, clinics, hospitals, labs, durable medical equipment providers besides others 

ICICI Securities Limited, IIFL Securities Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited are the book-running lead managers, and Link Intime India Private Limited is the registrar of the issue.