*With its high laughter quotient, Excel Entertainment's Madgaon Express collected 1.3 Cr. on the 2nd Saturday!*

Excel Entertainment's Madgaon Express is indeed one of the most entertaining films, winning the hearts of the audience. Ever since its release, the film has been garnering immense love from all across. Opening with amazing reviews, the film is enjoying a phenomenal run at the box office and has collected 1.3 Cr. on the 2nd Saturday.

Madgaon Express is earning loads of love and praise from the masses. After an amazing first week at the box office, the film has successfully continued its run in the 2nd week and collected 1.3 Cr. on the 2nd Saturday. The film now stands with a total of 16.18 Cr.

The audience, on the other hand, is hailing the comedy elements in this directorial debut of Kunal Kemmu. Madgaon Express has immersed the audience in the colors of its laughter and fun-filled adventure. Well-studded with amazing performances by the cast, an interesting story, surprising twists, and mind-blowing punches, the film offers full-on entertainment for the audience to relish on the big screens.

Taglined "Bachpan ke sapne... lag gaye apne," "Madgaon Express" promises a nostalgic journey into childhood dreams. Directed by Kunal Kemmu and produced by Ritesh Sidhwani and Farhan Akhtar under the banner of Excel Entertainment, the film is offering audiences a trip down memory lane in theaters now.

*किमयागार जोकर - मी घडणार अशी* ह्या कार्यक्रमाला महिलांचा उदंड प्रतिसाद.

महिलांसाठी सदैव झटणारे आणि त्यांच्यासाठी एक व्यासपीठ उपलब्ध करून देणारे आरे कॉलनी गोरेगाव येथील एक सुप्रसिद्ध नाव म्हणजे  सुनील कुमरे. 

आपल्या विभागातील महिलांसाठी  नवक्षितिज चॅरिटेबल ट्रस्ट, मुंबई अध्यक्ष सुनिल कुमरे आणि ट्रस्टच्या महिला अध्यक्षा श्रद्धा शिंदे यांनी   क्रॅकरजॅक ॲक्टिंग क्लब यांच्या संयुक्त विद्यमाने शनिवार दिनांक 30/3/24 रोजी  *किमयागार जोकर - मी घडणार अशी* ह्या   विनामूल्य *पर्सनालिटी प्रोग्रेस प्रोग्रॅम* चे आयोजन केले होते.   दैनंदिन जीवनाच्या घाई गडबडीत अनेकदा महिलांचे स्वतः कडे लक्ष देण्याचे राहून जाते. अशा परिस्थिती स्वतः च्या व्यक्तीमत्वाचा विसर पडतो व व्यक्तीमत्वात काळानुरूप प्रगती न होता आयुष्याच्या रहाटगडग्यात स्त्री 

फरफटत जाते. स्वतःच्या अस्तित्वाची योग्य जाणीव ठेवून स्वतःच्या व्यक्तिमत्त्वात योग्य ती प्रगती साधता यावी हा ह्या कार्यशाळेचा हेतू होता.  

कार्यशाळेची वैशिठ्ये

✅ स्वतःला समजून घेणे,

✅ मानसिक आणि शारीरिक स्ट्रेस रीलीव,

✅ आवाजातील चढ उतार

✅ बोलण्यातील सहजता आणि नेमकेपणा

✅ Body Language

✅ आत्मविश्वास वाढवणे

✅ personality बद्दल गमतीदार खेळ ह्या कार्यशाळेत घेण्यात आले.

आरे कॉलनी व्यतिरिक्त गोराई, मरोळ येथील स्त्रियांनी तसेच अंगणवाडी सेविका आणि आरोग्य सेविका ह्यांनीदेखील आपली उपस्थिती लावली. 

दैनंदिन जीवनातील उदाहरणे देत छोट्या छोट्या बदलांची सुरुवात केल्यास आपण नक्कीच प्रगती साधू शकतो असे प्रतिपादन करीत लेखक, दिग्दर्शक, अभिनेता, कंटेंट रायटर , ट्रेनर जयेश राजे  यांनी विविध खेळ घेत विविध व्यक्तिमत्वाचे प्रकार समजावून दिले. निवेदिका , सूत्रसंचालिका आणि  मुलाखतकार रुपाली वीरकर - जोशी ह्यांनी सूत्रसंचालन व निवेदन ह्यातील फरक समजावून सांगितला तसेच ह्यासाठी काय काय तयारी करायला हवी ह्यासाठी मार्गदर्शन केले. अभिनेत्री, एडिटर हर्षदा दाते ह्यांनी श्वासाचे विविध प्राणायाम तसेच उत्तम वाणीकरिता चेहऱ्याचे व्यायाम घेतले. आयटा ट्रेनर, लेक्चरर, ग्रुमिंग कोच भारती पाटील यांनी वागता बोलताना आपली देहबोली कशी असावी, आत्मविश्वास कसा वाढवावा ह्याबद्दल मार्गदर्शन केले. 

तीन तासाच्या वेळेत महिलांनी आवर्जून प्रत्येक खेळात सहभाग घेतला. 

 नवक्षितिज चॅरिटेबल ट्रस्ट अध्यक्ष सुनिल कुमरे,  सचिव धर्मराज तोकला व 

नवक्षितिज चॅरिटेबल ट्रस्ट महिला विभाग मुंबईच्या अध्यक्षा 

सौ श्रद्धा विश्वास शिंदे

अध्यक्षा, महिला विभाग महासचिव अंकिता मांजरेकर  सहित अनेक पदाधिकारी यावेळी उपस्थित होते.

Auspicious beginning to the preparations of *GJS April 2024 #HumaraApnaShow*, with Hawan and Pooja today at the Jio World Convention Center,

 Auspicious beginning to the preparations of *GJS April 2024 #HumaraApnaShow*, with Hawan and Pooja today at the Jio World Convention Center, Mumbai in the presence of Mr. Saiyam Mehra (Chairman GJC & Convener GJS), Mr Sahil Mehra (Director GJC) along with the GJS Committee Members - Mr Prem Mehra, Mr Sanjay Agrawal & Mr Sripal Dholakia, GJS Extended Committee Members - Mr Rajendra Jain, Mr Nitin Sakariya and GJC team.

Open spitting culture in India have contributed to the rise of tuberculosis Maharashtra state ranks second and India ranks first in tuberculosis statistics

Mumbai- For the past few centuries, tuberculosis has been the leading infectious disease in terms of morbidity and mortality. According to the data of the World Health Organization, based on the World TB Report, 64 percent of the world's TB patients are found in seven countries namely India, Indonesia, China, Philippines, Nigeria, Pakistan and South Africa, and India ranks highest among them. India recorded the highest number of cases of tuberculosis (TB) in 2022, according to the World Health Organization's Global TB Report 2023. 27 percent of the total tuberculosis patients in the world are in this country. Tuberculosis is a serious problem in India and it is truly a tragedy in the medical field that even after more than 70 years of India's independence, such a large number of patients have been diagnosed with an infectious disease. Maharashtra, with a population of over 12 crores, is expected to have more than two and a half lakh B patients. Of these, nearly 1 lakh seek treatment from private doctors and the rest from state and municipal-run health units. A total of 2 in Maharashtra in 2022. 33 lakh TB patients were found. Apart from this, the number of tuberculosis patients in small villages and remote areas is not included. Due to the fact that the society is still not talking freely about tuberculosis, the death rate has increased. Every minute one person dies due to tuberculosis in the world and India has the highest rate globally. Giving more information about this, Dr. Parthiv Shah, Chest Physician (Pulmonologist) from Apex group of Hospitals Mumbai, says, "Tuberculosis germs (Mycobacterium tuberculosis) are microscopic germs that are present in the respiratory secretions of infectious (sputum-infected) tuberculosis patients. It mixes with the air outside and enters the body of other persons through inhalation. Because we have open spitting that is universal and accepted, germs spread easily. Whether or not a person develops tuberculosis after being infected with tuberculosis depends on the person's physical condition and nutrition. If the immune system is good, the disease does not occur even after infection. But if immunity is low, tuberculosis can develop immediately or after some time. The tendency to hide TB (tuberculosis) even today is found among educated and uneducated citizens. Public unsanitary conditions such as spitting, lack of sunlight in the house due to dense settlements, poor condition of public toilets are many factors that contribute to the problem of tuberculosis. It is a fact that the increase in tuberculosis in any country means increased poverty, malnutrition, economic disparity, poor industrialization and urbanization in that country."

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

 

www.apexgroupofhospitals.com

 

 

 

 

 

 

 

Shapoorji Pallonji Group’s flagship infrastructure firm, Afcons Infrastructure Limited, files DRHP for Rs 7,000 crore IPO

Shapoorji Pallonji group’s flagship infrastructure engineering and Construction Company, Afcons Infrastructure Limited (AIL), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).

 

The IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited. The offer includes a reservation for subscriptions by eligible employees. As per the market sources, it is the largest infra IPO in a decade.

 

The company, in consultation with the book-running lead managers, may consider undertaking a further issue of equity shares through a preferential issue or any other method for a cash consideration aggregating up to Rs 250 crore as a "pre-IPO placement.". If such placement is completed, the fresh issue size will be reduced.

 

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 net offer shall be available for allocation to non-institutional bidders, and not less than 35% of the net offer shall be available for allocation to retail individual bidders.

 

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 September 30, 2023, Afcons is actively involved in 67 active projects across 13 countries.

In terms of financial performance, Afcons stands out among its peers in India, boasting the highest return on capital employed (ROCE) and return on equity (ROE) margins for the financial year 2023, as mentioned in the Fitch Report.

The company's global footprint extends across Asia, Africa, and the Middle East, where it has undertaken groundbreaking infrastructure projects. Some notable completed projects include the Chenab Bridge in Jammu & Kashmir and the Atal Tunnel in Himachal Pradesh. Ongoing projects like the Kolkata Metro and the Male to Thilafushi Link Project in the Maldives demonstrate Afcons' continued commitment to innovation and excellence in the infrastructure sector.

As of September 30, 2023, Afcons has an impressive equipment base, including marine barges, cranes, tunnel boring machines, jack-ups, and piling rigs. The company maintains two dedicated workshops in Delhi and Nagpur for equipment maintenance.

 

In terms of listed industry peers, Afcons compares itself with Larsen & Toubro Limited (L&T), KEC International Limited (KEC), Kalpataru Project International Limited (KPIL), and Dilip Buildcon Limited (DBL).

 

AIL's order book has increased at a CAGR of 7.6% from ₹26,248.46 crore in the financial year 2021 to ₹30,405.77 crore in the financial year 2023. As of September 30, 2023, it stood at ₹34,888.39 crore.

 

Afcons’ restated consolidated revenue from operations during the fiscal year 2023 increased 14.69% to Rs 12,637.38 crore from Rs 11,018.97 crore in the previous year, primarily due to an increase in construction contract revenue, driven by an increase in business in its Urban Infrastructure and Hydro and Underground business verticals, both in India and overseas. Profit after tax grew 14.89% from Rs 357.60 crore for the financial year 2022 to Rs 410.86 crore for the financial year 2023.

 

For the six months ended September 30, 2023, revenue from operations stood at Rs 6,505.39 crore, and profit after tax stood at Rs 195.13 crore.

 

According to the Fitch Report, the Indian infrastructure industry has grown at a compounded annual growth rate of 11.4%, from ₹5.04 trillion in the financial year 2018 to ₹7.75 trillion in the financial year 2022. Further, Fitch estimates India’s infrastructure industry to grow at a compounded annual growth rate of 9.9% from ₹8.56 trillion in the Financial Year 2023 to ₹13.72 trillion in the Financial Year 2028.

Recently, Ludhiana-based EPC and HAM Player Ceigall India Limited has filed its Draft Red Herring Prospectus (DRHP) consisting of a fresh issue of Rs 617.69 crore and an offer for sale of up to 14.28 million equity shares by the Promoter and Promoter Group Selling Shareholders and Individual Selling Shareholder.

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 the book-running lead managers, and Link Intime India Private Limited is the registrar of the issue.

Panchami Ghavri Challenges Stereotypes: 'Women Can Work Together' in 'The Crew'

In an industry often dominated by male-centric narratives, casting director Panchami Ghavri stands as a beacon of change, spearheading projects that celebrate the strength and complexity of female characters. Ghavri's upcoming project, "The Crew," promises to be a game-changer, boasting a stellar cast led by powerhouse actresses Tabu, Kareena Kapoor, and Kriti Sanon. Now, Panchami opens up about the importance of female-centric films, the evolving preferences of the audience, and her hopes for the impact of such projects.

"I think there always has been a disparity in the kind of box office openings female-led films take as compared to male," Ghavri reflects candidly. "Our male-to-women ratio is not the best in general. However, I haven’t seen this much excitement about a female-led film in a long, long time. Everyone I meet is excited about 'The Crew.' It’s also a really exciting cast; we haven’t seen such a strong female cast in a long time."

Ghavri's enthusiasm for the project is palpable, fueled by the prospect of challenging age-old norms and stereotypes. "First of all, to break the age-old norm that women can’t work together. Whoever said this was a man," she quips with a smile. "I think women have really interesting stories to tell, and through a different lens. Rhea [Kapoor] herself is always looking for scripts that have a strong female voice in them. I think in India, we’re still a long way to go, but we’re getting there for sure!"

Indeed, the landscape of Indian cinema is witnessing a gradual but significant shift, as audiences increasingly gravitate towards narratives centered on women. Ghavri acknowledges this trend, noting, "The audience is changing their preferences when it comes to female-led films. I’m a woman, and I love strong narratives of women. At the end of the day, women are able to hustle at work, handle kids, run a home, manage family expectations—all of it simultaneously."

With "The Crew," Ghavri and her team are poised to make a significant impact, not only in challenging gender stereotypes but also in amplifying the voices of women in cinema. "Then often you hear of men needing help with getting appointments for themselves," Ghavri remarks with a laugh. "It’s funny, but it’s true. So I think the stronger our voice, the more we will be heard. Things are changing for sure!"

As the film industry continues to evolve, Ghavri remains committed to championing stories that resonate with authenticity and depth. With "The Crew," she hopes to inspire a new generation of filmmakers and audiences alike, proving that women-led narratives are not only relevant but essential in shaping the cultural landscape of Indian cinema.

On the work front, Panchami Ghavri is making waves with her exciting lineup of upcoming projects and recent releases. With "The Crew" and "Mr and Mrs Mahi" on the horizon, Ghavri is poised to showcase her knack for assembling stellar casts and championing compelling narratives. These projects promise to captivate audiences with their diverse storytelling and dynamic characters. Meanwhile, Ghavri's recent releases, including "Murder Mubarak," "Yodha," "Karmma Calling," and "Showtime," have garnered praise for their innovative approach and engaging storytelling. As a casting director with an eye for talent and a commitment to pushing boundaries, Ghavri continues to leave an indelible mark on the Indian film industry.

Škoda Auto India announces the next leg of the Name Your Škoda campaign for its all-new compact SUV

  Name Your Škoda - an endeavour by company to further engage with customers

·  Garners over 1,30,000 name suggestions for upcoming compact SUV to be launched in the first half of 2025

·  Victors stand to own the car they name and a trip to Prague

·  Polling phase enables participants to vote for their favourite among 15 most popular names

 

Mumbai, March 28, 2024 – Škoda Auto India has already ushered in the New Era with the announcement of the all-new compact SUV. Taking a stride further into the New Era with user engagement and involvement, the company has also announced ‘Name Your Škoda’, a campaign where participants contribute to what the name of Škoda’s all-new compact SUV will be. 

 

Speaking at the announcement, Petr Janeba, Brand Director, Škoda Auto India, said: “India is driving growth for Škoda Auto globally. The key enablers of this so far have been the first products specifically developed for India – the Kushaq and the Slavia. These cars, apart from being built on an India-specific platform, have also been named keeping legacy, heritage and culture in mind. Kushaq, for instance, is from the Sanskrit word for an emperor. Slavia is the name of Škoda’s first ever product, a bicycle. The naming process of a car is important for us. With ‘Name Your Škoda’ we want to extend this tradition to our upcoming all-new SUV and want the people, customers and fans to be involved in the naming process of their new car. We look forward to people across India embracing our new family member, which is locally developed, locally engineered and locally manufactured.”

 

The initiative

‘Name Your Škoda’ is a campaign that enables the involvement and engagement of users, customers and the Fans of Škoda in picking the name for a car that will hit the roads in 2025. This is a step further in Škoda Auto India’s endeavour for listening to people, fans and customers.

 

An endeavour that began with the MQB-A0-IN platform – that is developed with a focus on safety (developed with a 5 star Global NCAP rating in mind), on reasonable cost of ownership (including insurance) while retaining the Škoda DNA of design, agility and dynamics --and Škoda Auto India’s customer touchpoint expansion to be closer and more accessible to customers.

 

The naming tradition

It is a tradition going back to the company’s first ever full-fledged 7-seater luxury 4x4, the Kodiaq, in 2017. The name reflects the qualities of both, the Kodiak bear and the Kodiak Archipelago to the south of Alaska, USA that it inhabits. The nomenclature is a reflection of the beauty, grandeur and toughness of both the bear and the terrain it calls home. The Škoda Kushaq takes this legacy forward and the all-new compact SUV, that will make its world debut in India in March 2025, will also follow Škoda’s SUV family naming tradition.

 

The next leg - Polling contest

Through ‘Name Your Škoda’, participants have suggested names for the compact SUV that begins with the letter ‘K’ and ends with the letter ‘Q’ with one or two syllables. The campaign resulted in over 1,30,000 names with close to 20,000 unique names.

 

In the next leg, participants can visit the campaign microsite, nameyourskoda.com and cast votes for the shortlisted names and also suggest new ones if not done already. Participants can also share their favourite name with #NameYourSkoda on Facebook, Instagram or X (formerly Twitter) channels.

 

The winner of this naming contest stands the opportunity of owning this all-new Škoda compact SUV - being one of the first owners when it hits roads in the first half of 2025. Another 10 winners will get to visit Škoda Auto in Mlada Boleslav including the very impressive Škoda Museum, and also a tour of Prague, one of the most attractive cities in Europe.

 

The next leg of the campaign starts from March 28, 2024 and runs till April 12, 2024. The ‘Name Your Škoda’ aims at inculcating a sense of pride and belonging among participants whenever they see this all-new SUV on the roads after its world debut in India.

 

The Jury

The jury for this campaign comprises of -

Martin Jahn - Member of the Board of Management for Sales & Marketing, Škoda Auto

Piyush Arora - Managing Director and CEO, Škoda Auto Volkswagen India

Jan Bures – Executive Director, Sales, Marketing and Digital, Škoda Auto Volkswagen India

Petr Janeba - Brand Director, Škoda Auto India

 

The car

The all-new compact SUV is Škoda Auto India’s first ever foray into the compact SUV segment. This SUV is based on the MQB-A0-IN platform, the same as the one of the Kushaq SUV and the Slavia sedan. The MQB-A0-IN was specifically developed for India by teams in India and the Czech Republic with an eye on versatility, safety, dynamics while focussing on localisation, low maintenance costs and a hassle-free ownership experience.

 

The Kushaq SUV debuted in India and the world in July 2021 and the Slavia sedan in March 2022. Since then, these two India-developed cars have taken Škoda Auto India to witness its biggest year in sales and take the shortest time to achieve the landmark of over 100,000 cars sold. The all-new compact SUV will be the third all-new, India-specific product developed by Škoda Auto India.

 

IIFL Home Finance Ltd. takes 5% strategic stake in RDCL Promoting development of Residential Mortgage-Backed Securitisation in India

 Mumbai, March 27th, 2024 – IIFL Home Finance Ltd. (IIFL HFL), a leading housing finance company in India, is proud to announce its strategic founding role in transforming the country's mortgage market. As a founding member of the RMBS Development Company Limited (RDCL) consortium, IIFL Home Finance will be contributing ₹ 25 crore for a 5% stake, alongside leading financial institutions committed to driving liquidity and growth in the residential mortgage-backed securities (RMBS) market. This initiative marks a significant shift towards a bond market-driven approach to housing finance, similar to successful models in developed countries.

RDCL brings together major players like ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Housing Finance, Aditya Birla Housing Finance, Hero Housing Finance, and Grihum Housing Finance Limited, with major shareholding from National Housing Bank (NHB) (39%) and LIC (10%). Together, the consortium has pledged a total investment of ₹ 500 crore to revitalize the RMBS market and unlock its potential for financing affordable housing.

IIFL Home Finance Ltd. has a proven track record of empowering first-time home ownership, with a focus on affordable housing finance. Over the past eight years, the company's Assets Under Management (AUM) has grown at a stellar 38 % CAGR, reaching ₹ 32,937 crore as of 9MFY24. Notably, a majority of IIFL HFL's borrowers are women, reflecting the company's commitment to financial inclusion and social responsibility. Currently, IIFL Home Finance is a dominant player in the sub-₹ 25 lakh loan segments, amongst the housing finance companies.

IIFL HFL's commitment to social impact extends beyond sustainable housing initiatives. The company is a leading contributor to the Credit Linked Subsidy Scheme (CLSS) with facilitating subsidy of over ₹ 1,750 crores to over 75,000 household, further demonstrating its dedication to making homeownership a reality for low- and middle-income families. The company has also disbursed loans close to 25,000 Beneficiary Led Construction households under PMAY.

Mr. Monu Ratra, CEO and ED of IIFL Home Finance Ltd, said, "We are thrilled to be a part of this transformative initiative. This is a watershed moment for the Indian mortgage industry. The RMBS platform under the aegis of the National Housing Bank (NHB) shall provide the much-wanted liability diversification and improvement of cost of funds for all mortgage players. IIFL HFL is humbled and proud to be able to play its small role in India’s first ever RMBS platform.”

IIFL Home Finance Ltd., a champion for sustainable housing practices, secured a total funding of over $ 450 million in FY 23-24 from DFIs such as U.S. International Development Finance Corporation (DFC), International Finance Corporation (IFC), and others to support affordable and green housing for low-income and economic weaker sections. This impressive funding not only reinforces IIFL HFL as the leading affordable housing company but also aligns with the government's vision of Housing for All, promoting financial inclusion, environmental and social responsibility, and will be instrumental in addressing the affordable housing gap in India.

About IIFL Home Finance Ltd. (Re-Drafted Boiler Plate)

IIFL Home Finance Ltd., the largest affordable housing finance company which is a subsidiary of IIFL Finance Ltd., with 79.59% shareholding, while Abu Dhabi Investment Authority acquired 20.41% stake in the company in 2022. As of 31st December 2023, the AUM stood at ₹ 32,927 cr of which home loan is 77%. The Return on Assets (ROA) for the period is at 4.4%. IIFL Home Finance Ltd. is dedicated to providing home loans, empowering the EWS/LIG segments to achieve homeownership. Partnering with Abu Dhabi Investment Authority, IIFL Home Finance Ltd. champions eco-friendly building practices, promoting sustainable development. With a state-of-the-art IT infrastructure offers a seamless loan experience, streamlining the process from application to closure. The company's asset-light model, enabled by co-lending arrangements, allows expansion of their reach into deeper markets across India. IIFL Home Finance Ltd. goes beyond financing homes. They contribute to building a sustainable and inclusive future, one affordable home at a time.

*Kareena Kapoor Khan shares BTS video from the sets of Crew, says, "We laughed, we cried, we fought, we argued, we ate, and somewhere in between, the magic called moviemaking happened

Crew is all set to release tomorrow and the excitement is indeed at its peak to witness the biggest commercial family entertainer on the big screens. While the trailer and the songs of the film have set a perfect tone for its arrival, the team is leaving no stone unturned to raise the excitement a notch higher. Keeping up the spree, Kareena Kapoor Khan shared a BTS video from the sets of Crew while capturing all her beautiful memories. 

Kareena Kapoor Khan took to her social media and shared a BTS video that captures her spending a great time on the sets of Crew. From having a good time with her co-stars, Tabu and Kriti Sanon to shooting her character as an air hostess, to preparing for her looks, the actress truly took us through her journey from the sets. She further jotted down the caption. 

"We laughed, we cried, we fought, we argued, we ate, and somewhere in between, the magic called moviemaking happened... with the best CREW ever.

So grab your popcorn, switch off your phones, fasten your seatbelts, and let three badass ladies take you on your most fun flight ever.

💥💥💥💛💛❤️❤️

Sona Kahan hai… ??

Sona??

See you tomorrow 💥💥💥

29th March in cinemas ❤️

#1DayToGo #Crew"

https://www.instagram.com/p/C5DD3g0IZxA/

Crew is all set for its release tomorrow. The film is receiving an amazing response on the advance bookings and is sure to bring along a plethora of entertainment for the audience. 

Prepare to embark on a cinematic journey like never before with "Crew." Directed by Rajesh A. Krishnan, this highly anticipated film from Balaji Telefilms and Anil Kapoor Film & Communications Network is set to hit theaters on March 29th, 2024.

Student recruitment solution provider, Crizac Limited files DRHP for Rs 1000 cr IPO

Kolkata-based Leading Student Recruitment Solution Provider, Crizac Limited, offering international student recruitment solutions to global institutions of higher education in the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).

The IPO, with a face value of Rs 2 per equity share, is entirely an offer for sale of up to Rs 1,000 crore by the promoter selling shareholders.

The offer for sale consists of the sale of equity shares of up to Rs 841 crore by Pinky Agarwal and up to Rs 159 crore by Manish Agarwal. The offer includes a reservation for subscription by eligible employees.

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 net offer shall be available for allocation to non-institutional investors, and not less than 35% of the net offer shall be available for allocation to retail individual investors.

Crizac Limited has established strong partnerships with leading universities in the United Kingdom and is a major player in student recruitment from India to the UK, holding a significant market share of approximately 13.0% based on the number of Indian students pursuing higher education in the UK in 2023, according to a F&S report mentioned in the DRHP.

During the six months ending September 30, 2023, and in the last three fiscal years, Crizac Limited facilitated enrollment applications from over 72 countries through its registered agents on its technology platform. 

It processed more than 3.82 lakh student applications and collaborated with over 140 global universities. As of December 31, 2023, the company had over 5,300 registered agents globally, including 1,819 active agents in Fiscal 2023, with a significant presence in India and various countries like the United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Kenya, Vietnam, Canada, and Egypt.

Based in Kolkata, Crizac Limited has experienced substantial growth, achieving an 81.02% Compound Annual Growth Rate (CAGR) in revenue from operations in Fiscal 2014 to its proforma consolidated revenue from operations in Fiscal 2023, driven by its partnerships with global universities.

The company collaborates with prestigious institutions such as the University of Birmingham, University of Surrey, University of Sunderland, Nottingham Trent University, University of Greenwich, University of West London, University of Portsmouth, De Montfort University, Glasgow Caledonian University, Aston University, University of Dundee, Dundalk Institute of Technology, Coventry University, and Swansea University.

Its advisory board includes Maximus Armani, Christopher Mark Bustin, Maire Caitlin Gallen, and David John Caine, who bring expertise from the international finance and global education industry.

Crizac Limited’s proforma consolidated revenue from operations during the fiscal year 2023 increased 79.47% to Rs 472.97 crore from Rs 263.53 crore in the previous year, primarily due to an increase in the revenue from education consultancy services. Profit after tax grew 65.50% from Rs 67.76 crore for the Financial Year 2022 to Rs 112.14 crore for the Financial Year 2023.

For the six months ended September 30, 2023, proforma consolidated revenue from operations stood at Rs 262.89 crore, and profit after tax stood at Rs 89.61 crore.

India's higher education system is among the largest globally, with over 70 million enrolled students and a capacity for an additional 40 million students created in the last two decades. The Indian education sector was valued at around US$117 billion (Rs 9.72 trillion) in FY 2020, with projected growth to reach US$225 billion (Rs 18.69 trillion) by FY 2025 and US$313 billion (Rs 26 trillion) by FY 2030.

Equirus Capital Private Limited and Anand Rathi Advisors Limited are the book-running lead managers, and Link Intime India Private Limited is the registrar of the issue.

E- Luna is an instant hit as a Preferred Vehicle for E-commerce Deliveries

• Kinetic Green delivers 130 E-Luna for Last Mile Deliveries at Pune, to Safe and Secure Delivery Solutions, Big Basket's Delivery Partner

• Expects large business of 50,000 E-Luna for E-commerce deliveries in 2024-25

• Company has launched a special Corporate Program called E-Luna Fleets to provide E-Luna, as a Complete Solution for the fast emerging the gig economy

Pune 27th March 2024: Kinetic Green, a leading Indian electric vehicle manufacturer, marks a significant milestone with the delivery of a 130-strong fleet of its highly anticipated E-Luna electric scooters to Safe and Secure Delivery Solutions, the official delivery partner of India's leading online grocery store, Big Basket. This landmark collaboration signifies not just the growing adoption of electric mobility, but also the E-Luna's resounding success across various customer segments, both as personal mobility vehicle and as a preferred vehicle for the growing gig-economy.  

This grand event was held at Chinchwad, Pune, championed by Kinetic Green’s leading channel partner, Jai Mata Di Green and in special presence of Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, Fazal Shaikh - Founder Safe and Secure Delivery Solutions, Mr. Shrirang Barne -Member of the Lok Sabha, Chinchwad, Mr. Pankaj Sharma - President two-wheeler, Kinetic Green and Mr. Manish Mohite - Dealer Principal, Jai Mata Di Green. 

The E-Luna's robust design and practical features are proving to be a perfect fit for E-commerce delivery businesses like Safe and Secure Delivery Solutions. Built with a strong metal body and a heavy-duty chassis, the E-Luna is engineered for strength and durability.  Its large 16-inch wheels ensure a comfortable ride on diverse terrains, allowing delivery personnel to navigate city streets with ease. Additionally, the E-Luna boasts an impressive payload capacity, making it ideal for carrying groceries and other essential goods.

Beyond its robust build, the E-Luna's true strength lies in its exceptional efficiency.  With significantly lower running costs compared to traditional petrol-powered scooters, the E-Luna empowers businesses like Safe and Secure Delivery Solutions to optimize operational costs and boost profitability. The long-range capabilities of the E-Luna further enhance its practicality, ensuring deliveries can be completed efficiently. As in Electric vehicle, its running cost of only Rs. 10 paise per Kilometer, also is a great USP, leading to great savings in the E-commerce delivery eco-system, where transport and delivery cost are a significant cost element.

Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, expressed her delight, stating: "We are thrilled that our E-Luna has been well received for personal mobility and also as a suitable and preferred partner for the gig economy and e-commerce deliveries. This collaboration with Safe and Secure Delivery Solutions is a testament to the E-Luna's versatility and its ability to cater to diverse needs. We are excited to be a part of Big Basket's sustainable delivery journey, and this landmark delivery to Big Basket's partner demonstrates the E-Luna's ability to empower businesses with a powerful and eco-friendly solution for urban deliveries. We are confident that the E-Luna will play a pivotal role in shaping a greener future for city logistics. We are working on many similar opportunities, and we expect an order book of around 50,000 e-Luna to be deployed for the last mile delivery segment during 2024-25. "

The E-Luna has captured the imagination of the nation with its perfect blend of design, functionality, and environmental responsibility.  Its growing popularity signifies a shift in consumer and business mindsets, paving the way for a more sustainable urban ecosystem. With its exceptional performance and commitment to eco-friendliness, the E-Luna is poised to become the preferred choice for businesses and individuals alike.

Kinetic Green has a vision to offer E-Luna to its E-commerce delivery partners as a complete Solution” under its Corporate Program called “E-Luna Fleets. This includes a vast network of over 350 dealerships for its E-Luna, which will ensure excellent service and spares support to its customers. Further, the Company has established various partnerships for value-added services like a complete IT platform called KG Konnect for services like real-time GPS tracking and vehicle performance diagnostics, Extended Warranty solutions for a 5-year warranty, and partnerships for financing, fast charging and battery swapping. 

Fazal Shaikh, Founder of Safe and Secure Delivery Solutions, commented "We, at Safe and Secure Delivery Solutions, are committed to providing the best possible service to our customers while also being mindful of the environment. The E-Luna fleet is a game-changer for our operations. Not only are we significantly reducing our environmental footprint, but the E-Luna's low running cost, durability and efficiency are allowing us to streamline deliveries and enhance our profitability. This is a win-win for both the environment and our business."

Kinetic Green's partnership with Safe and Secure Delivery Solutions exemplifies the transformative power of electric mobility. The E-Luna Fleets paves the way for a more sustainable future for city deliveries, reducing emissions and noise pollution in urban areas. This milestone collaboration marks a significant step towards a cleaner, greener future for India.

About Kinetic Green:

Kinetic Green, the latest venture from Kinetic and Firodia Group, today is a leading player in the Electric Vehicle space, offering a wide range of electric vehicles, including electric three-wheelers, both cargo and passenger, and recently introduced electric two- wheelers under the Kinetic Green brand. For electric golf-carts and buggies, the company has formed a Joint Venture with the world’s leading luxury brand, Tonino Lamborghini of Italy.  

Spearheaded by third generation scion of the Firodia family, Ms. Sulajja Firodia Motwani, the company has successfully designed, manufactured, and cumulatively sold over 100,000 electric vehicles and achieved sales of around ₹1200 Crores.  

The mission of Kinetic Green is to provide green mobility to the masses. Kinetic Green has had several firsts to its name, including being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India.

P N GADGIL JEWELLERS LIMITED FILES DRHP WITH SEBI

Link: file:///D:/Neha.John/OneDrive%20-%20Adfactors%20PR%20Pvt%20Ltd/Downloads/PN%20Gadgil%20DRHP.pdf

P N Gadgil Jewellers Limited, the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). 

The Company’s initial public offering comprises a fresh issue of equity shares of face value of ₹ 10 each aggregating up to ₹ 8,500 million and an offer for sale of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million. The total offer size comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 11,000 million. The offer for sale comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million by SVG Business Trust (Promoter Selling Shareholder).

The funds raised through the IPO are proposed to be utilized for the funding of expenditure towards setting-up of 12 new stores in Maharashtra, repayment or pre-payment, in full or part, of certain borrowings availed by the Company; and general corporate purposes. 

P N Gadgil Jewellers Limited is the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India. The company is also the fastest growing jewellery brand amongst the key organised jewellery players in India, based on the revenue growth between FY21 and FY23. The company achieved an EBITDA growth of 56.50% between FY21 and FY23 as well as the highest revenue per square feet in FY23, which the highest among the key organised jewellery players in India. 

As on December 31, 2023, the company expanded to 33 stores, which includes 32 stores across 18 cities in Maharashtra and Goa and one store in the U.S. with an aggregate retail area of approximately 95,885 sq. ft. All the stores are operated and managed by the company with 23 being owned stores and 10 franchisee stores, on a franchisee owned and company operated (“FOCO”) model. Of these stores, 19 stores are large format stores (with an area of 2,500 sq. ft. or more), 11 stores are medium format stores (with an area between 1,000 sq. ft. to 2,500 sq. ft.) and 3 stores are small format stores (with an area of less than 1,000 sq. ft.). Additionally, they have launched their mobile application “PNG Jewellers”, in March 2022. The digital presence allows them to keep customers updated on new designs and collections and familiarise them with the product portfolio, which enhances customers’ in-store experience. The manufacturing of all the jewellery is carried out by more than 75 experienced and skilled artisans in and outside Maharashtra (Karigars). They have currently engaged Madhuri Dixit, as the brand ambassador to promote the brand.

The ‘PNG’ brand derives its legacy from the ‘P N Gadgil’ brand, which has a rich heritage dating back to 1832 and a legacy of over a century. Leveraging the legacy and heritage of the ‘PNG’ brand, the company has created a strong brand recall and presence in Maharashtra offering a wide range of precious metal / jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the need of customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. Promoter, Saurabh Vidyadhar Gadgil, is a sixth generation entrepreneur and has over 25 years of experience in the jewellery manufacturing industry in India. As the managing director of the Company, he has been instrumental in transforming the traditional family business into a contemporary brand.

Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and BOB Capital Markets Limited are the Book Running Lead Managers to the issue.

"From Pitch to Pour: Rock Paper Rum's Journey to Stardom on Shark Tank India!"

“Negotiation is your Birthright”, says Lalit Kalani, founder of Rock Paper Rum on Shark Tank India!

"Get ready to raise your glasses as Rock Paper Rum steals the spotlight on the Shark Tank India, bringing a wave of flavor and excitement to the world of mixology."

Mumbai, 20th March: In a world where every sip tells a story, Rock Paper Rum emerges as the new protagonist, blending innovation with tradition to craft an unforgettable experience in every bottle. Founded by Lalit Kalani, a third-generation liquor entrepreneur from the industry, Rock Paper Rum has quickly become one of the most appreciated rums by the consumers as well as the industry bartenders. 

Featured on the popular platform of Shark Tank India, Rock Paper Rum also caught the eye of investors and enthusiasts alike, igniting a revolution in the world of premium spirits. Vineeta Singh, entered into a strategic partnership with Rock Paper Rum, made a notable investment of INR 50 lacs on the show, solidifying her belief in the brand's potential. Leading the seed round of INR 4.5crs with a significant investment is Mumbai Angels, along with other marquee investors such as GSF, Anay Ventures, Ekcle Ventures, and Faad Network, marks a pivotal moment for Good Barrel Distillery, the parent company of Rock Paper Rum, propelling its growth trajectory to new heights.

Founder Lalit Kalani not only wowed the investors with his innovative approach to mixology but also shared invaluable business wisdom, revealing the 3 golden rules of doing business in India.: 

" Negotiation is your birthright; follow-up is your duty, and do all of the above with a Smile."  These simple yet profound advice given by one of his close friends has been the very core of Rock Paper Rum's entrepreneurial journey.

Returning to India after living 17 years abroad, Lalit Kalani identified an emerging market for premium, unique-flavored rums. Inspired by his family legacy and a fervor for revitalizing the Indian spirits scene, he launched Rock Paper Rum in October 2022. The brand, dedicated to utilizing the finest ingredients, crafts an irresistible flavor profile with variants like Indian Spiced, Coastal White, Zesty Lemon, Roast Coffee, and Tropical Coconut. 

"We are thrilled to introduce Rock Paper Rum to the market, offering a variety of flavors that elevate every cocktail experience," shares Lalit Kalani. Crafted with the finest ingredients and distilled to perfection, each bottle of Rock Paper Rum embodies the essence of craftsmanship, delivering a bold, lively, and utterly distinctive taste that lingers long after the last sip.

Rock Paper Rum is already available in Mumbai, Goa, Pune, Nagpur and will soon be launched in Haryana, and Karnataka. Post the airing, Rock Paper Rum has also received a lot of appreciation from international markets and other states as well. 

Join us on this extraordinary journey, as we raise our glasses to Rock Paper Rum—an ode to tradition, a celebration of innovation, and a promise of unforgettable experiences.

Youtube Link of full pitch at Shark Tank India:

https://youtu.be/Fjv7-aXy9W0?si=pxd8x3R7IeL-ZI98

About Rock Paper Rum:

Rock Paper Rum is a premium rum brand founded by Lalit Kalani, a third-generation entrepreneur. Crafted with a passion for innovation and a commitment to quality, Rock Paper Rum offers a unique range of rums, redefining the standards of rum craftsmanship in India. This handcrafted and small-batch rum maintains its beautifully flavored characteristics with an unyielding focus on quality—a bold, lively, and snappy spirit capturing the essence of India.

Excel Entertainment's Madgaon Express continues to hold strong on Day 5! At par with day 1! Total - 11.34 Cr. India!

_With amazing reviews, Madgaon Express has made a strong hold at the box office! Passed the weekend test!_

Excel Entertainment's Madgaon Express is winning the hearts of the audience. Well-studded with comedy, twists and amazing performances, the film is earning amazing positive reviews from all across. This has made it book a strong hold at the box office after 5 days. The film has passed the weekend test and now standing up with a total of 11.34 Cr. India. 

Madgaon Express is attracting immense footfalls in the theatres. It has arrived as a rising phenomenon at the box office. The collection figures have made it hold its position tight at the box office. The collection so far is like, Friday - 1.63 Cr. Saturday- 2.72 Cr. Sunday - 2.81 Cr., Monday - 2.72 Cr., Tuesday - 1.46 Cr. Total - 11.34 Cr. The collection has stayed almost at par with Day 1 which is indeed a good sign for the film's journey ahead. The film has passed the weekend test. 

Taglined "Bachpan ke sapne... lag gaye apne," "Madgaon Express" promises a nostalgic journey into childhood dreams. Directed by Kunal Kemmu and produced by Ritesh Sidhwani and Farhan Akhtar under the banner of Excel Entertainment, the film is offering audiences a trip down memory lane in theatres now.

ETP Group launches next generation solutions in Unified Commerce retail management: Ordazzle and ETP Unify

27 March 2024, MUMBAI: ETP Group, Asia’s Leading Retail Software Company, has announced the launch of two new and innovative platforms - Ordazzle and ETP Unify – to redefine the retail and e-commerce landscape in India. Built for both online only and online-offline retail businesses of all sizes, the two platforms offer top-of-the-line capabilities in streamlining multiple operations to ensure seamless and consistent customer experiences, thereby driving loyalty and business growth.

The enterprise-class, scalable, and secure platforms will target the USD 28 trillion global retail and e-commerce market1. The company plans to make Ordazzle and ETP Unify a key contributor to the USD 3.22 billion global retail and e-commerce software market2.

Said Mr. Naresh Ahuja, Chairman and CEO, ETP Group, “Ordazzle and ETP Unify are being simultaneously launched in India. The cloud-native, AI-powered SAAS platforms are built for scale. The platforms offer unmatched scalability and a beautiful, intuitive user interface that ensures rapid adoption with minimal training time. With these platforms, retailers can effortlessly navigate the complexities of both physical retail and e-commerce, improve cash flow management and profitability, and deliver exceptional customer experiences that are consistent and channel-agnostic.”

The two platforms will offer retailers a multitude of benefits:

● Amazing Customer Experiences for Increased Customer Loyalty

● Real-time Visibility of Inventory for Higher Inventory Turnaround

● Leveraging Artificial Intelligence for Improved Profitability

● Powerful Order Fulfillment for Superior Customer Service

● Centralized Information Management for Higher Employee Productivity

● Unprecedented Scalability to Support Your Growth

ETP Unify is a pioneering cloud-native unified commerce retail software, designed with M.A.C.H. architecture for seamless integration of retail and e-commerce functionalities. Its user-friendly interface consolidates all data into one database, empowering merchants to serve customers across channels efficiently. With features like AI-driven order anomaly detection and dynamic product recommendations, ETP Unify empowers retailers to optimise inventory operations and drive sales growth for improved ROI. Additionally, it provides a comprehensive 360-degree view of customers, facilitating cross-channel loyalty initiatives. This unified system enhances the ability to cross-sell and upsell products across various channels, leverage advanced clienteling techniques to maximise sales opportunities and create amazing customer experiences.

Ordazzle is a multi-channel e-commerce platform leveraging AI technology to streamline order management for online retail operations. It offers a range of features including order and product management, logistics, smart API, and seamless integration with marketplaces and webstores. This innovation eradicates the hassles and time lags associated with logging into numerous online seller portals individually to upload new products and modify attributes like price, stock, media, and promotional offers. With Ordazzle, retailers can easily upload and update product data across various channels with a single click. It  also provides real-time detection of anomalous orders or breaches of service-level agreements. With scalability at its core, Ordazzle has been rigorously tested to handle an astounding 5 million orders per day per customer, providing retailers unparalleled efficiency and performance.

About ETP Group:

ETP Group is a leading Unified Commerce Retail Software company, with a 35 year track record of delivering top-of-the line retail technology products across 24 countries in Asia Pacific. ETP's strength lies in its ability to provide robust and innovative retail solutions built with the latest technology, architecture and design.

ETP's comprehensive suite encompasses a broad spectrum of retail needs, from POS and store operations to unified promotions, inventory management, order fulfilment, product information management, and seamless integration with marketplaces and e-commerce platforms. It provides a frictionless and consistent shopping experience for consumers across all channels – wherever, whenever, and however they choose to shop.

Sources:

1: https://www.researchandmarkets.com/report/retail

2: https://www.marketsandmarkets.com/PressReleases/multichannel-order-management.asp

Kinetic Green Zooms Ahead as a Great Place to Work®, Attracting Top Young Talent in the EV Industry

Pune, 26 March 2024: Kinetic Green Energy & Power Solutions Ltd. (Kinetic Green), a pioneer in the Indian electric vehicle industry, proudly announces its recent certification as a Great Place to Work® by the esteemed Great Place to Work Institute® India. 

This accolade solidifies Kinetic Green's position as a forward-thinking, progressive, and professional organization dedicated to fostering an inclusive and dynamic workplace environment.

The certification underscores Kinetic Green's commitment to attracting young talent and standing out as a modern, professional and vibrant workplace. By achieving certification in the dimensions of credibility, respect, fairness, pride, and camaraderie, Kinetic Green demonstrates its dedication to building a workplace culture that prioritizes trust, support, inclusivity, diversity, employee satisfaction, and team cohesion.

With an impressive response rate of 86%, far exceeding the benchmark set by India’s Top 100 Great Mid-Sized Workplaces, Kinetic Green exemplifies its dedication to its employees' well-being and engagement.

Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, expressed her enthusiasm, stating, "We are thrilled to receive the 'Great Place to Work' certification, which underscores our firm belief that our employees are our most valuable asset. At Kinetic Green, we strive to create an environment where every individual feels valued, respected, and empowered to contribute their best. This recognition reaffirms our commitment to fostering a workplace culture that encourages collaboration, innovation, and personal growth.”

Kinetic Green stands apart from the competition by actively championing diversity and inclusion.  Leading the way in empowering women in manufacturing, they have a bold pledge to maintain a minimum of 25% female representation on their two-wheeler assembly line. This commitment extends to leadership roles, ensuring women have a strong voice in shaping the company's future. Kinetic Green's dedication to excellence extends far beyond its industry-leading EVs.  By prioritizing employee engagement, professional development, and work-life balance, they're creating a win-win situation.

Ranjit Kondeshan, CHRO of Kinetic Green Energy & Power Solutions Ltd, commented, “We are thrilled to announce our certification as a Great Place to Work! This recognition is a testament to our unwavering commitment to fostering a supportive and rewarding environment for our employees. It acknowledges the dedication of our entire team and our relentless pursuit of excellence in both employee well-being and reliability. This achievement reflects the positive, inclusive culture we've fostered together, driving us to continuously enhance our workplace experience.”

The 'Great Place to Work' certification is a result of a rigorous assessment process that evaluates organizational culture through employee surveys and comprehensive workforce questionnaires. By prioritizing employee satisfaction, professional development, and work-life balance, Kinetic Green aims not only to empower its team members and enhance the company's success but also to contribute to India's adoption of electric mobility.

As a leading authority on workplace culture, Great Place To Work is dedicated to transforming every workplace into an environment where all employees thrive, and Kinetic Green is proud to be part of this transformative journey.

About Kinetic Green:

Kinetic Green, the latest venture from Kinetic and Firodia Group, today is a leading player in the Electric Vehicle space, offering a wide range of electric vehicles, including electric three-wheelers, both cargo and passenger, and recently introduced electric two- wheelers under the Kinetic Green brand. For electric golf-carts and buggies, the company has formed a Joint Venture with the world’s leading luxury brand, Tonino Lamborghini of Italy.  

Spearheaded by third generation scion of the Firodia family, Ms. Sulajja Firodia Motwani, the company has successfully designed, manufactured, and cumulatively sold over 100,000 electric vehicles and achieved sales of around ₹1200 Crores.  

The mission of Kinetic Green is to provide green mobility to the masses. Kinetic Green has had several firsts to its name, including being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India.

LIC the world's strongest insurance brand: Brand Finance Insurance 100 2024 Report

LIC  Chairperson, Mr Siddhartha Mohanty - " LIC is grateful to all its Policyholders and stakeholders who have reposed their faith in LIC for almost seven decades. We are conscious of the needs of our customers and are continuously developing new products to meet their needs of Insurance and Investments. We continue to focus sharply on customer servicing and create value enhancement for all our stakeholders. We are humbled by being ranked 1st in the list of Strongest Insurance Brands 2024 by Brand Finance Insurance 100 2024 report which is a reflection of their trust placed in us."

Public sector behemoth Life Insurance Corporation of India is the strongest insurance brand, as per a report released by Brand Finance Insurance 100 2024. The report notes that LIC's brand value remains steady at USD 9.8 billion, accompanied by a brand strength index score of 88.3 and an associated AAA brand strength rating.

Following LIC, the rankings highlight Cathay Life Insurance as the second strongest brand, experiencing a 9% increase in brand value to USD4.9 billion, closely followed by NRMA Insurance, which saw an 82% rise in brand value to USD1.3 billion.

Notably, Chinese insurance brands maintain dominance in the global rankings, with Ping An leading with a 4% increase in brand value to USD33.6 billion, followed by China Life Insurance and CPIC defending their 3rd and 5th positions, respectively. Allianz from Germany and AXA from France retain their spots in the 2nd and 4th positions to complete the Top 5.

Among the brands experiencing significant growth in brand value, NRMA Insurance from Australia stands out with an 82% increase to USD1.3 billion, along with Denmark's Tryg, which saw a 66% rise to USD1.6 billion.

Additionally, LIC India achieved the highest first-year premium collection of Rs. 39,090 crore in FY 2023, while SBI Life Insurance and HDFC Life Insurance led the private sector with new business premium collections of Rs. 15,197 crore and Rs. 10,970 crore, respectively.

In recent developments, the government approved a 17% wage revision for LIC employees, effective from August 2022, benefiting over 110,000 employees. LIC's shares also reached an all-time high of Rs 1175, making it India's most valuable PSU company and reclaiming its status as the fifth most valuable Indian listed company, surpassing SBI in market valuation.

Link: https://brandfinance.com/press-releases/worlds-top-5-most-valuable-insurance-brands-retain-their-ranks-through-innovation-and-adaptability-strategies-brand-finance-insurance-100-2024 report#:~:text=India's%20LIC%20(brand%20value%20steady,value%20up%209%25%20to%20USD4.

 

Mumbai Water Conclave 2024 Flowing towards Sustainability

22nd March 2024 : 09:00 am to 6:00 pm 

Trident Hotel, Nariman Point, Mumbai

On the occasion of UN World Water Day on 22nd March, Mumbai First is organizing a day-long conference ‘Mumbai Water Conclave 2024’ at the Trident Hotel, Mumbai.

Mumbai, the bustling metropolis on the west coast of India, faces significant challenges regarding water management. With a burgeoning population and rapid urbanization, the demand for water in Mumbai and Mumbai Metropolitan Region has been escalating, putting immense pressure on the existing water infrastructure. The city relies heavily on diverse water sources, including rivers, lakes, and reservoirs, to meet its growing needs.  

The need of the hour is to put into practice a water conservation policy to encourage wise water usage and lessen the demand from the MMR region's freshwater supply to Mumbai. The city has made investments in cutting-edge recycling and water treatment facilities, allowing processed wastewater to be used for non-potable purposes. Incorporating green spaces into urban development and protecting natural water bodies are other tasks that authorities carry out for the same. With these initiatives, we hope to lessen the demand for freshwater resources and create a water management system that will be sustainable for both the present and coming generations. 

The conclave aims at addressing the challenges to Mumbai’s water conservation, treatment, and sustainable use of water resources to combat the shortage of freshwater supply in the city amongst others. Through this Conclave, we will be focusing on the following objectives:

1. To create awareness and promote a sense of responsibility and urgency in adopting water-saving behaviours in Mumbai.

2. To highlight diverse water conservation strategies, and explore effective implementations to conserve water across Mumbai.

3. To understand how innovation can optimize water usage and encourage the adoption and integration of technological solutions for sustainable water management.

4. To know what water-saving methods are practiced by industries, housing societies, and other sectors in Mumbai.

Plenary Sessions: 

Session I: Optimizing Water Resources: Understanding the Necessity of Water Conservation 

Session II: Strategies for Freshwater Conservation: Diverse Approaches to Saving Our Most Precious Resource 

Session III: Harnessing Innovation: Technologies Shaping Water Conservation

Session IV: Every Drop Counts: How End-Users Contribute to Water Conservation

MUMBAI SHOULD ATTEMPT TO BECOME SELF-SUFFICIENT IN WATER- SURESH PRABHU

23rd March 2024 “Like Singapore, Mumbai should try and become self-sufficient in water”, said Mr. Suresh Prabhu, a former minister in the Government of India. Speaking at the concluding session of the Mumbai Water Conclave organized by Mumbai First to mark World Water Day, Mr. Prabhu said that increasing demands for water from the surrounding areas from where the water is sourced and increasing urbanization have the potential to create a conflict and that cities like Mumbai should prepare in advance for it.

The day-long conclave deliberated issues such are the need for Mumbai to conserve water, approaches to conserve and recycle water, technologies available to do so, and the experience on the ground by the ones who are making it happen in reality. There were also suggestions about the right pricing of water so as it acts as a disincentive against wasting it. Creating a market for wastewater for non-potable purposes was another suggestion that came out of the Conclave.

Mumbai first also signed two MOUs on this occasion with NAREDCO and CREDAI to collaborate in implementing the new ideas in the MMR region.

The conclave was attended by experts in the areas of water conservation from the World Bank, Water Resources Authority of Maharashtra, Netherlands Government, MCGM, MMRDA, Gates Foundation, and NGOs.

Speaking on the occasion, Mr. Narinder Nayar, Chairman, Mumbai First urged all stakeholders to come together to help Mumbai become an example in water management.

KP Green Engineering makes an impressive debut, issue sees a trade closure at 45% premium

Shares of SME Initial Public Offering of KP Green Engineering Limited makes an impressive debut on the BSE SME Platform. 

The scrip listed Rs 200 per share on BSE SME at a premium of 38.89%. The company's share price closed at Rs 210 per share a 45.83% premium.

As per BSE SME, the total quantity traded stood at 46.44 lakh shares. Total Turnover on BSE SME on Day 1 stood at Rs 94.42 crore.

Dr. Farukbhai Patel, Chairperson, KP Green Engineering Limited, says "Celebrating a significant milestone, we extend our heartfelt gratitude to all our esteemed investors for their unwavering support and trust as we list our shares on the exchange. Your belief in our vision fuels our determination to reach greater heights together. Thank you for your invaluable participation in the growth journey of KP Green Engineering."

The Market Capitalization of the Company at today’s closing price stood at Rs. 1050 Crore as per BSE SME.

The SME Initial Public Offering of KP Green Engineering Limited was subscribed 27.51 times on the final day of bidding. Non-Institutional Investors Portion and Qualified Institutional Buyer Portion was subscribed 35.96 times and 31.86 times respectively, whereas Retail Portion was subscribed 20.12 times.

Beeline Capital Advisors Private Limited is the sole book-running lead manager. The equity shares are proposed to be listed on the BSE SME Platform. 

KP Green Engineering Limited, a flagship company of KP Group, established by Dr. Farukbhai Gulambhai Patel, -. in 1994, KP Group has completed more than 25 years of its successful operations. The company has more than 30+ entities in its fold throughout India for organizational growth. KP Group also has more than 15+ years of experience in renewable energy sector.

Founded in 2001, the company specialized in manufacturing hot-dip galvanized steel items. Its extensive product range includes lattice tower structures, substation structures, solar module mounting structures, cable trays, earthing strips, beam crash barriers, and other infrastructure solutions.  Additionally, it offers Fault Rectification Services (FRT) for optical fiber cables, galvanizing job work, and solar installation services.

With in-house fabrication and hot dip galvanizing facilities, KP Green Engineering offers one stop solutions of engineering, designing, galvanization, and deployment processes seamlessly with focused approach on renewable energy segment. Currently it operates from its manufacturing facility at Dabhasa, Vadodara, Gujarat, spread across 2lac sq. ft and has an installed capacity of 53,000MT per annum. 

It plans to expand its existing product portfolio such as High Masts, Floor Gratings, Pre-Engineered Buildings and Heavy Fabrications along with existing product portfolio and establish a manufacturing facility at Matar, Bharuch with an installed capacity of 294,000 MT per annum.

KP Green Engineering Limited is also recognized by GETCO (Gujarat Energy Transmission Corporation Limited) and MSETCL (Maharashtra State Electricity Transmission Company) and currently caters to requirements up to 400 Kw and 220 Kw, respectively. 

Radiowalla Network Limited IPO Details

Radiowalla.in “Radiowalla Network Private Limited” is a book built issue of Rs 14.25 crores. The issue is entirely a fresh issue of 18.75 lakh shares. The IPO opens for subscription on March 27, 2024 and closes on April 2, 2024. It will list on NSE SME. The IPO price band is set at ₹72 to ₹76 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹121,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹243,200.

Narnolia Financial Services Ltd is the book running lead manager of the Radiowalla IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Radiowalla IPO is S S Corporate Securities.

The Objectives of IPO

 To meet out the expenses for Investment in Technology

1. To meet out the expenses for Investment in Technology

2. To meet out the Capital Expenditure for the Company

3. To meet out the Working Capital requirements of the Company

4. To meet out the General Corporate Purposes; and

5. To meet out the Issue Expenses.

About Radiowalla Network Limited 

Incorporated in July 2010, Radiowalla Network Limited provides in-store radio services on a subscription model basis, which includes an exclusive radio channel for a brand. The company also offer corporate radio services, which provide private radio channels for employee engagement within an organisation. Additionally, the company provides advertisement services such as digital signage solution, content management services, and point of purchase advertising to our clients. 

The company provides services directly to other businesses under a Business-to-Business (B2B) model. They have expanded their business into two verticals.

1. Radio Engagement Solutions and Subscription services

2. Advertisement Solutions.

The company offers its services in countries such as UAE, Mexico, Sri Lanka and the Middle East as well.

Radiowalla Network Limited's revenue increased by 33.59% and profit after tax (PAT) rose by 117.36% between the financial year ending with March 31, 2023 and March 31, 2022.

EMAX & PMAX 2024 Set to Elevate the Electronics and Manufacturing Industry in Penang!

­ Georgetown, Penang: NRG Exhibitions (M) Sdn Bhd is excited to announce the upcoming 4th Edition of Electronics Manufacturing Expo Asia (EMAX) and 3rd Edition of Penang Manufacturing Expo (PMAX) 2024. Scheduled to take place from 24 - 26 July 2024 (10am-5pm), these premier events are poised to bring together industry leaders and influencers to showcase the latest advancements and foster collaboration in the electronics and manufacturing sectors.   Building on the success of previous editions, EMAX & PMAX 2024 will once again be held at the prestigious Setia SPICE Convention Centre in Penang, Malaysia. Renowned as the "Silicon Valley of the East," Penang serves as the ideal location for these expos, given its vibrant electronics and manufacturing ecosystem, strategic location, and supportive business environment.   EMAX & PMAX 2024 will feature a comprehensive range of exhibitors, seminars, and networking opportunities, providing attendees with valuable insights into the latest technologies, trends, and best practices shaping the industry. From chip manufacturers and semiconductor suppliers to equipment providers and industry experts, participants can expect to connect with key players and explore innovative solutions driving the future of electronics and manufacturing.   With a focus on fostering collaboration and driving growth, EMAX & PMAX 2024 are expecting to attract participants from over 40 countries, showcasing 200+ leading brands, and welcoming more than 8000 visitors. These figures underscore the growing significance of these expos as essential platforms for industry professionals to exchange ideas, forge partnerships, and stay abreast of the latest developments.   Attendees can expect a diverse array of conferences, exhibitions, and networking opportunities, providing a holistic experience that caters to all facets of the electronics and manufacturing sectors. From keynote presentations and panel discussions to product showcases and business matchmaking sessions.   EMAX & PMAX is supported by: Malaysia Convention & Exhibition Bureau (MyCEB) Penang Convention & Exhibition Bureau (PCEB) Invest Penang Penang Foundry & Engineering Industries Association (PENFEIA) Malaysia Association of Sustainable Supply Chain and Innovations (MASSCI) SME Associations of Seberang Perai Northern Corridor Economic Region (NCER) IPC Technology Consulting Pvt Ltd IEE Penang Chapters Malaysia International Chamber of Commerce & Industry (MICCI)   For more detailed information on both events please visit: www.emaxasia.com or www.penang-expo.com. PHOTOS Penang Convention & Exhibition Bureau No. 14A & 16A (First Floor) The Whiteaways Arcade, Lebuh Pantai, George Town, 10300 Penang, MALAYSIA T/ +604 261 6161  F/ +604 261 6171  E/ info@pceb.my No longer want to receive these emails? Unsubscribe.