Tuesday, April 30, 2024

Lilavati Kirtilal Mehta Medical Trust Board Has Exposed A Major Financial Fraud Amounting Around Rs. 500 Crores, Making It Serious Medical Scam

Forensic Audit found that a charity’s funds were misused by illegal erstwhile trustees 

Mumbai, 30th April 2024:   Mr. Prashant Mehta, Permanent Trustee at Lilavati Hospital & Research Centre, Bandra Mumbai has exposed the financial misconduct revealed in the ongoing investigation into financial irregularities within the institution. This significant development highlights his dedication to transparency and accountability in handling the results of forensic audits that unearthed a major financial fraud amounting to Rs. 500 crores by erstwhile trustees’ board, making it the serious medical scam. Present during the press conference were Mr. Prashant Mehta- Permanent Trustee, Mr. Saurav Sharma- Trustee, Mr. Mohit Mathur and Adv. Mohammed Asim Shaikh. 

Following the order dated December 14, 2023, the Founder Permanent Trustees Mr. Kishor Mehta and Mrs. Charu Mehta have officially appointed Mr. Prashant Mehta, Mr. Rajiv Mehta, Mr. Rajesh Mehta, Mr. Sanjay Shroff, Mr. Kiran Shah, Mr. Saurav Sharma, Mr. Palve and Mr. Mohit Mathur as the Permanent /Termed Trustees in accordance with clause 17 of the Trust Deed. It is important to mention that even the Constitutional Courts have refrained from interfering in these appointments and the operations of this Board since the order issued by the Ld. Asst Charity Commissioner on December 14, 2023.This Board currently holds legitimate authority over the Trust/Hospital operations.

In accordance with the Supreme Court's Order dated September 18, 2023, the newly appointed Board has conducted an extensive audit of legal and consultant fees. The audit revealed that a significant amount of money, exceeding Rs. 100 crores, has been extravagantly spent on lawyers, advocates, and consultants up to the new board took over.

During the press conference at lilavati Hospital, Mr. Prashant Mehta said that a Forensic Audit found that around Rs. 200 crores from a charity's funds were misused by the previous board. They used the money to pay lawyers and consultants for personal legal issues, which is not allowed. The Former Vice President, Mr. Ajay Pande, and their Principal advisor, Mr. Laxmi Narayanan, admitted to diverting funds for legal fees and showed proof to the Charity Commissioner. A large amount was paid to Mrs. Sushila Mehta's lawyer, Mr. Amol Inamdar. During the Covid-19 Pandemic, about 10.75 Crore Rupees were spent on legal expenses even though courts were mostly closed.

“The former unauthorized board illicitly made false contributions to the newly established Madhulaxmi Trust, which had been in existence for less than a year when the donation was made. An exorbitant amount exceeding Rs.6 crores was transferred to the Trust by the illegal board. This indicates that the previous unlawful trustees not only engaged in illicit financial activities but also personally benefited from them. The donation was specifically instigated by Mr. Vijay Mehta, Mr. Niket Mehta, and Mrs. Sushila Mehta.” Add Mr. Prashant Mehta.

Prashant Mehta said that Trust funds were wrongly used by Mr. Vijay Mehta and Mr. Niket Mehta, who channelled the money to fake companies, M s. Vesta and M s. Mayfair Realtors Pvt. Ltd., under the guise of purchasing medical equipment. However, these companies were actually engaged in real estate activities unrelated to healthcare. Despite an advance of over Rs.15 crores, no medical equipment was ever received by the Trust Hospital as intended. The scheme, masterminded by Mr. Niket Mehta and his father, Mr. Vijay Mehta, aimed to siphon Trust funds for their personal benefit.

“In response to a complaint filed by Mr. Kishor Mehta and Mrs. Charu Mehta regarding this transaction, Mr. Niket Mehta falsely claimed that properties in Mahim and Lonavala had been recovered as compensation for the misused funds. However, it was later discovered that Mr. Niket Mehta had unilaterally sold these properties for his own profit, further perpetuating his fraudulent activities.” Said Prashant Mehta.

“The previous unauthorized board has engaged in numerous fraudulent activities that have been flagged by the income tax authorities. Expenses exceeding Rs.300 crores have been disallowed, leading to a substantial liability for the Trust. Importantly, Mr. Kishor Mehta and Mrs. Charu Mehta were kept unaware of these liabilities to prevent any potential complaints from them being raised” Adds Prashant Mehta.

“Furthermore, the illicit trustees have committed theft by breaking into a safe at a Trust Property in Palanpur, Gujarat, and stealing trust assets intended for the construction of an additional hospital. A criminal complaint for this theft has been filed in Gujarat Courts and is currently awaiting resolution. The former board members have defrauded the trust hospital through various transactions, resulting in a significant loss exceeding Rs.500 crores. This incident is considered one of the serious medical scams ” Said Prashant Mehta.

Prashant Mehta emphasized the importance of taking proactive steps to protect Lilavati Hospital's reputation and maintain its dedication to delivering top-notch healthcare services. To achieve this, we are launching various charitable initiatives such as Sewa Camp, Roshni Camp, and Free Medical Check-up Camps. These programs were originally established by the Trust's Founder Trustees to support the less fortunate members of society.

Storage Technologies and Automation SME IPO subscribed 2.76 times on Day 1

  The SME Initial Public Offering of Storage Technologies and Automation Limited was subscribed 2.76 times on the first day of bidding.

The issue received bids of 75,88,800 shares against the offered 27,50,400 equity shares, at a price band of ₹76-78, according to the data available on the SME platform of BSE. 

Retail Portion was subscribed 4.99 times, Non-Institutional Investors Portion was subscribed 1.63 times, whereas Qualified Institutional Buyer Portion subscribed 0.02 times. The issue kicked off for subscription on Tuesday, April 30, 2024 and will close on Friday, May 03, 2024. 

OneView Corporate Advisors Private Limited is the sole book-running lead manager and Integrated Registry Management Services Private Limited is the registrar to the issue. The equity shares are proposed to be listed on SME Platform of BSE Limited. 

Company Information

Storage Technologies and Automation Limited was incorporated in the year 2010 by its promoter Mr. Mohammed Arif and Mr. Khasim Sait with experience of around, 13 years and 13 years in the storage racking system industry.

The company's commitment to delivering innovative and efficient solutions for diverse warehousing needs demonstrates their commitment in its wide range of products and services. These solutions cater to various industries such as oil & gas, automotive components & aerospace, food & beverages, cold storage, pharmaceuticals, textiles, retail, FMCG, and others, each with unique storage and logistical requirements.

The Bengaluru-based company operates with a customer-centric approach, driven by a focus on continuous innovation and operational efficiency. It offers a comprehensive range of display and storage racks designed for commercial and industrial purposes, utilizing high-quality raw materials to ensure durability and optimum strength in the finished products. These raw materials include different grades of mild steel (hot rolled coils, cold rolled coils, galvanized steel coils, PPGI coils, pipes, and structural sections), powder coatings for powder coating, epoxy, enamel paints, and plastic for packaging.

The company has a manufacturing unit that covers approximately 56,250 square feet in Singanayakanahalli, Yelahanka Hobli, Bangalore, along with a 56,250 square feet storage facility, supporting a streamlined manufacturing process. 

As of April 01, 2024, the total order book value of the Company is ₹ 21.36 Crore.

Storage Technologies and Automation Limited has turnaround from a loss of Rs 0.20 crore in the financial year 2022 to Rs 0.48 crore in the financial year FY23. Revenue during the year FY23 increased 16.39% to Rs 81.32 crore from Rs 69.87 crore in the previous year, primarily due to an increase in the business operations of the company and increase in number of customers.

For the seven months ended October 31, 2023, revenue from operations stood at Rs 52.92 crore, and profit after tax stood at Rs 3.59 crore.

The table below shows subscription data for all the categories of investors: 


Last updated on

30 Apr 2024 | 05:00:00 PM

Sr.No. Category No.of shares offered / reserved No. of shares bid for No. of times of total meant for the category

1 Qualified Institutional Buyers (QIBs) 7,28,000 12,800 0.02

1(a) Foreign Institutional Investors (FIIs) - - -

1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) - - -

1(c) Mutual Funds - - -

1(D) Others - 12,800 -

2 Non Institutional Investors 7,47,200 12,16,000 1.63

2(a) Corporates - - -

2(b) Individuals (Other than RIIs) - 10,46,400 -

2(c) Others - 1,69,600 -

3 Retail Individual Investors (RIIs) 12,75,200 63,60,000 4.99

3(a) Cut Off - 39,56,800 -

3(b) Price Bids - 24,03,200 -

4 Employee Reserved - - -

4(a) Employee (Cut off) - - -

4(b) Employee (Price) - - -

5 Reservation PortionShareholder - - -

5(a) RPS (Cut off) - - -

5(b) RPS (Price) - - -

Total 27,50,400 75,88,800 2.76

Shares of Heating Equipment Maker JNK India makes a heating debut on the exchange; lists at 50% premium


Shares of Heating Equipment Maker JNK India Limited made a heating debut on the exchange at a premium of 50%, higher than the IPO’s issue price of Rs 415. 

The scrip listed Rs 620 per share on BSE and Rs 621 per share on NSE, at a premium of 49.40% and 49.64% respectively. The company's share price closed at Rs 693.95 per share on the BSE, a 67.22% premium, and at Rs 692 per share on the NSE, a 66.75% premium.

As per NSE, the total quantity traded stood at 216.25 lakh shares, on BSE the total Quantity stood at 14.37 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1545.66 crore. 

Mr. Arvind Kamath, Chairperson – JNK India Limited, said "We extend our heartfelt gratitude to all our esteemed investors for their unwavering support and confidence as we embark on this exciting journey of listing our units on the exchange. Your commitment fuels our drive towards greater success, and we look forward to delivering exceptional value as we grow together. Thank you for being a vital part of our journey."

The Market Capitalization of the Company at today’s closing price stood at Rs. 3,859.81 Crore as per BSE and Rs. 3848.97 Crore as per NSE.

The Initial Public Offering of JNK India Limited was subscribed 28.13 times. Qualified Institutional Buyer Portion was subscribed 75.72 times, Non-Institutional Investors Portion was subscribed 23.26 times, whereas Retail Portion was subscribed 4.11 times.

JNK India Limited is in the business of manufacturing process-fired heaters, reformers, and cracking furnaces (together, the “Heating Equipment”) that are required in process industries such as oil and gas refineries, petrochemicals, and fertilizer industries.

The Company has capabilities in thermal designing, engineering, manufacturing, supplying, installing, and commissioning heating equipment and caters to both domestic and overseas markets. (Source: F&S Report). Over the years the Company has diversified into flares and incinerator systems and has been developing capabilities in the renewable sector with green hydrogen. The Heating Equipment is required in process industries such as oil and gas refineries, petrochemicals, fertilizers, hydrogen and methanol plants, etc.

As of December 31, 2023, it has served 21 customers within India and 8 customers overseas. In India, it has completed projects in, amongst others, Andhra Pradesh, Assam, Bihar, Karnataka, Kerala, Maharashtra, Tamil Nadu, and West Bengal, and globally have completed projects in Nigeria and Mexico. Further, it has ongoing projects in Gujarat, Odisha, Haryana, and Rajasthan in India and globally in Oman, Algeria, and Lithuania. Further, it has completed projects in far-reaching locations which included projects in India at Numaligarh, Assam; Kochi, Kerala; Barauni, Bihar; and overseas at Lagos, Nigeria.

Some of the domestic customers include Indian Oil Corporation Limited, Tata Projects Limited, Rashtriya Chemicals & Fertilizers Limited, and Numaligarh Refinery Limited. 





Mumbai, 30th April 2024: The Board of Directors of REC Limited, today approved the audited standalone and consolidated financial results for the quarter & year ended 31st March 2024. 


Operational and Financial Highlights: Q4 FY24 vs Q4 FY23 (Standalone)

Revenue from operations: ₹ 12,613 crore vs. ₹ 10,113 crores, up 25%

Total income: ₹ 12,643 crore vs. ₹ 10,124 crores, up 25%

Net interest income: ₹ 4,407 crore vs. ₹ 3,409 crore, up 29%

Net Profit: ₹ 4,016 crore vs. ₹ 3,001 crore, up 34%

Total Comprehensive Income: ₹ 5,183 crore vs. ₹ 3,645 crore, up 42%

Yield: 10.03% vs. 9.65%, up 38 bps

Average cost of funds: 7.14% vs. 7.17%, reduction by 3 bps

Spread: 2.89% vs. 2.48%, up 41 bps

Net interest margin: 3.60% vs. 3.29%, up 31 bps

Return on net worth: 24.06% vs. 21.34%, up 13%


Operational and Financial Highlights: 12M FY24 vs 12M FY23 (Standalone)

Total sanctions: ₹ 3,58,816 crore vs. ₹ 2,68,461 crore, up 34%, of which sanctions to renewable sector: ₹ 1,36,516 crore vs. ₹ 21,554 crore, up 533%

Renewable sanctions comprise of:

Solar: ₹ 20,956 crore vs. ₹ 9,301 crore

Module manufacturing: ₹ 21,565 crore vs. ₹ Nil crore

Large Hydro: ₹ 32,450 crore vs. ₹ 682 crore

Pumped Storage: ₹ 28,304 crore vs. ₹ 6,075 crore

Green Hydrogen: ₹ 7,997 crore vs. Nil

E-Mobility: ₹ 7,214 crore vs. ₹ 2,429 crore

Wind turbine manufacturing: ₹ 3,195 crore vs. Nil

Wind: ₹ 3,453 crore vs. ₹ 2,436 crore

Hybrid: ₹ 10,098 crore vs. ₹ 220 crore

Others: ₹ 1,284 crore vs. ₹ 411 crore

Disbursements: ₹ 1,61,462 crore vs. ₹ 96,846 crore, up 67%

Revenue from operations: ₹ 47,146 crore vs. ₹ 39,208 crores, up 20%

Total income: ₹ 47,214 crore vs. ₹ 39,253 crores, up 20%

Net interest income: ₹ 16,167 crore vs. ₹ 13,714 crore, up 18%

Net Profit: ₹ 14,019 crore vs. ₹ 11,055 crore, up 27%

Total Comprehensive Income: ₹ 15,063 crore vs. ₹ 10,084 crore, up 49%

Yield: 9.99% vs. 9.73%, up 26 bps

Average cost of funds: 7.13% vs. 7.28%, reduction by 15 bps

Spread: 2.86% vs. 2.45%, up 41 bps

Net interest margin: 3.57% vs. 3.38%, up 19 bps

Return on net worth: 22.17% vs. 20.35%, up 9%

Market capitalization: ₹ 1,18,757 crore vs. ₹ 30,400, up 290% 

Owing to the improving asset quality and effective resolution of stressed assets, resetting of the lending rates and effective management of Finance Cost, REC is able to record its the highest ever annual profit after tax of ₹ 14,019 crore. As a result, the Earnings Per Share (EPS) for the year ended 31st March 2024 accelerated by 27% to ₹ 53.11 per share as against ₹ 41.85 per share as at 31st March 2023. 


Aided by growth in profits, the Net Worth has grown to ₹ 68,783 crores as on 31st March 2024, registering an increase of 19% YoY.


The loan book has maintained its growth trajectory and has increased by 17% to ₹ 5.09 lakh crore as against ₹ 4.35 lakh crores as at 31st March 2023. Signifying improving asset quality, the net credit-impaired assets as at 31st March 2024 have reduced to 0.86% from 1.01% as at 31st March 2023 with Provision Coverage Ratio of 68.45% on NPA assets, as at 31st March 2024.


Indicating the ample opportunity to support the future growth, the Capital Adequacy Ratio (CRAR) of the Company stands at a comfortable 25.82% as at 31st March 2024.


Continuing with the tradition to reward its shareholders, the Board of Directors of the Company has declared the final dividend of ₹ 5 per equity share (on face value of ₹ 10/- each) and the total dividend for FY 2023-24 is ₹ 16 per equity share.

About REC Limited - 

REC is a 'Maharatna' company under the administrative control of the Ministry of Power, Government of India, and is registered with RBI as Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). REC is financing the entire Power-Infrastructure sector comprising Generation, Transmission, Distribution, Renewable Energy and new technologies like Electric Vehicles, Battery Storage, Pump Storage projects, Green Hydrogen, Green Ammonia projects etc. More recently REC Limited has also diversified into the Non-Power Infrastructure sector comprising Roads & Expressways, Metro Rail, Airports, IT Communication, Social and Commercial Infrastructure (Educational Institution, Hospitals), Ports and Electro-Mechanical (E&M) works in respect of various other sectors like Steel, Refinery, etc. REC Limited provides loans of various maturities to State, Central and Private Companies for creation of infrastructure assets in the country.

REC Limited continues to play a key strategic role in the flagship schemes of the Government for the power sector and has been nodal agency for Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGAYA), Deen Dayal Upadhaya Gram Jyoti Yojana (DDUGJY), National Electricity Fund (NEF) Scheme which resulted in strengthening of last mile distribution system, 100% village electrification and household electrification in the country. REC has also been made the nodal agency for certain States and Union Territories for the Revamped Distribution Sector Scheme (RDSS). REC has also been given the responsibility of PM Surya Ghar Muft Bijli Yojna from Central Government. The loan book of REC stands at ₹ 5.09 lakh crore and Net Worth at Rs. ₹ 68,783 crorescrores as on 31 March, 2024. 

Watch Legally Blonde, Hercules, The Silence of the Lambs, The Girl with the Dragon Tattoo & much more: Prime Video and MGM International Launch MGM+ on Prime Video Channels

MGM+ becomes the 23rd Channel to launch on Prime Video in India. A premium streaming service, MGM+ offers an expansive line-up of critically acclaimed series, blockbuster movies, and evergreen classics, available as an add-on subscription, only on Prime Video Channels, for ₹599 per year

With Prime Video Channels, part of Amazon’s video entertainment marketplace, customers get friction-free and convenient access to a wide range of premium content available at a single destination—Prime Video, through add-on subscriptions


 *MUMBAI—April 30, 2024—* Prime Video, India’s most loved entertainment destination, has launched MGM+ on Prime Video Channels. MGM+ offers an extensive and enthralling selection of entertainment including critically acclaimed and popular series, blockbuster movies and timeless classics primarily from the iconic Hollywood studio, MGM. Prime members can purchase an annual add-on subscription to MGM+ at a special price of ₹599 per year.

With an add-on subscription to MGM+ on Prime Video Channels, Prime members can enjoy a vast slate of multi-genre content offerings including classic and cult-favourite movies like Legally Blonde, Hercules, The Prodigy, The Silence of the Lambs, The Girl with the Dragon Tattoo, Robocop, The Vow, Child’s Play, Death Wish, and more, along with much-loved series like Stargate SG-1, Stargate Atlantis, Teen Wolf, Get Shorty, among others.  

“We're thrilled to launch MGM+ as a Channel for our customers in India, offering an extensive library of blockbuster, much-loved, and premium content at a single destination – Prime Video. Since launch, our objective with Prime Video Channels has been to provide our customers with increased choice, improved accessibility and greater convenience of watching their favourite content all within a single app,” stated Vivek Srivastava, Head – Prime Video Channels, Prime Video, India. “In a short span of time, Prime Video Channels has offered increased reach to both local and global streamers to expand their footprint in India, allowing them to connect with a vast and diverse audience across the country. We are certain that with its vast library of iconic movies and series, MGM+ will entertain and delight Indian customers.” 

“We're excited to partner with Prime Video India to deliver exceptional entertainment to Indian audiences through MGM+” remarked Michael Katzer, head of MGM+ International. “The streaming service brings a huge range of premium quality, successful movies, much-loved series as well as ageless classics, spanning multiple genres including sci-fi, suspense, action-thriller, romance, and much more. The expansion of MGM+ in India further cements Amazon’s commitment to invest in and grow the MGM+ channel internationally, while enhancing the content offering available to subscribers.” 

Prime members in India can subscribe to MGM+ through Prime Video Channels at a price of ₹599 per year.

Prime Video Channels benefits for Prime members include:

No hassle login & billing: Customers do not have to juggle between multiple usernames, passwords and billing due dates. With Prime Video Channels, all premium content subscriptions are managed within a single destination – Prime Video apps and website.

More time watching, less time deciding: Customers don’t have to spend time toggling between their favourite services to discover what’s new and popular. With Prime Video Channels they can browse in one place, search across all their premium subscription and get personalized recommendations. All of this without ever having to leave the Prime Video app or website.

Enjoy your favourite features, no matter which service: Customers can enjoy IMDb’s X-Ray feature and a single consolidated watch list and download library for offline viewing. Subscribers can also manage data consumption and much more across all their premium channel subscriptions.

More Choice: With Prime Video Channels, Prime members can access thousands of additional titles across 20+ OTT channels, including MGM+.



MUMBAI, 30TH April 2024: Past President of Hindustan Chamber of Commerce and Executive Committee Member of FICCI Shikharchand Jain & M/s. Rishi Enterprises, Mumbai have organized inauguration of their newly developed building ‘Sojat Swarna” on the morning of Wednesday,1st May 2024. The auspicious inauguration will be carried out by Dr. Swami Shailendra Saraswati ( younger brother of Osho) and Ma Amrut Priya. The Guests of Honour of the function will include Maharashtra Cabinet Minister Mangal Prabhat Lodha, MLA Speaker Rahul Narvekar and Erstwhile Judge K.K. Tated.

Swami Shailendra Saraswati and Ma Amrut Priya, who have 6 Acre Ashram in Sonipat, will deliver a discourse on great confluence of Materialism & Spiritualism during the inauguration. During the inaugural function of Sojat Swarna Bhawan at Kalbadevi on 1st May, there will be Osho Meditation, Discourse as well as Questions & Answers from 9 A.M. to 5 P.M.

Shikharchand Jain has been developing Osho Dhyan Kendra spread over 28 acres at a cost of Rs. 20 crore at Sojat in Rajasthan. The construction will be over 1 lakh square feet and the Ashram is expected to be ready in 18 months.

Information related to Osho Meditation & Celebration: 

According to Sadguru Osho, meeting of East & West namely, integration of Spiritualism and Wordly Activties is necessary. Like Gautam Buddha represents wisdom of the soul, peace, love and karuna, Greek Zorba represents materialism and luxury. Sadguru Osho believes on balancing of knowledge & science, meeting of East & West. He believes in internal peace, love,  physical success, convenience as a result of convergence of worldly success and health. In short, he calls this combination ‘Zorba The Buddha’.

Combination of meditation and science is necessary. External strength and internal peace is necessary to save this world from disaster. Turbulent persons becoming powerful are as dangerous as peaceful persons becoming weak.

Monday, April 29, 2024

Highest ever yearly PAT of ₹ 1027 crore in FY24, jumps 83% YoY Highest ever quarterly PAT of ₹ 332 crore in Q4FY24, jumps 25% QoQ AUM crosses ₹ 25,000 crore, NNPA down to 0.59%


Pune, April 29, 2024: The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, today announced its audited financial results for the quarter and year ended March 31, 2024.


The Company continued to register robust financial performance, demonstrating strong growth in AUM, Profitability, and superior asset quality.

Key Highlights  Q4FY24:



Ø  Highest Ever Quarterly Disbursement: Achieved the highest ever quarterly disbursement of  9,688 crore, up 52% YoY and 11% QoQ

Ø  Assets Under Management (AUM): Stood at  25,003 crore, up 55% YoY and 14% QoQ


Asset Quality:

Ø  Gross NPA at 1.16%, reduced by 28 bps YoY and 17 bps QoQ

Ø  Net NPA at 0.59%, reduced by 19 bps YoY and 11 bps QoQ



Ø  Profit After Tax (PAT): Highest ever yearly PAT of  1027 crore in FY24, jumps 83% YoY and Highest ever quarterly PAT of  332 crore, up 25% QoQ

Ø  Return on Assets (RoA) stood at 5.73%, up 73 bps YoY and 42 bps QoQ

Ø  Net Interest Margin (NIM) was at 11.06%, up 4 bps QoQ

Ø  Opex to AUM ratio: At 3.99% in Q4FY24, reduced by 144 bps YoY and 1 bps QoQ

Ø  Operating Profit (PPOP) was at  409 crore for Q4FY24, up 93% YoY and 17% QoQ


Capital Adequacy and Liquidity:

Ø  Capital Adequacy Ratio stood at 33.8%

Ø  Liquidity buffer stood at  3,932 crore


Commenting on the results, Mr. Abhay Bhutada, Managing Director, Poonawalla Fincorp, said,


“I feel elated and proud of the last 3 years’ journey, to spearhead the biggest transformation of Poonawalla Fincorp that the NBFC space has ever witnessed. Our rigor and execution excellence has ensured that we have continuously outperformed and given consistent superior performance resulting in achieving significant milestone of AUM crossing ₹25,000 crore and PAT crossing ₹1,000 crore. Our differentiated strategy and relentless execution are reflected across all business metrics and have made us a thought leader in the lending space.”


About Poonawalla Fincorp Limited

Poonawalla Fincorp Limited (“the Company”) is a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI). The Company started operations nearly three decades back and is listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).


The Company’s identity “P” stands for Passion, Principles, Purpose, People and Possibilities. The Company has widespread coverage across 19 states. The Company has standalone AUM of

₹25,003 crore as on March 31, 2024, and employs around 2300 people. The Company’s offerings include pre-owned car finance, personal loans, loan to professionals, business loans, loan against property, supply chain finance, machinery loans, medical equipment loans and consumer loans.


For more information, please log on to: www.poonawallafincorp.com

For media queries contact: corporatecommunications@poonawallafincorp.com


Nagpur-based Diffusion Engineers refiles DRHP with SEBI for IPO

 The equity shares are proposed to be listed on BSE and NSE.

Nagpur-based Diffusion Engineers Ltd, engaged in the business of providing engineering solutions to customers both in domestic and international markets has refiled its draft red herring prospectus (DRHP) with capital market regulator Securities and Exchange Board of India (SEBI) to mop up funds through an initial public offering (IPO). 

The IPO with a face value of ₹10 each is a complete fresh issuance of 9.85 million equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion. 

According to market sources, the issue would be in the range of Rs 125-150 crore.

Earlier, the company had filed draft papers with the SEBI in December 2023 for IPO.

The Issue is being made through the Book Building Process, wherein not more than 50% of the Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers, not less than 15% of the Issue shall be available for allocation to Non-Institutional Bidders and not less than 35% of the Issue shall be available for allocation to Retail Individual Bidders.

The company intends to utilize about ₹71.38 crore for funding capital expenditure requirements towards the proposed expansion of its existing manufacturing facility, Rs 30.38 crore for setting up a new manufacturing facility at Hingna, Sonegaon District, Nagpur, Rs 22 crore for funding working capital requirements of the Company and general corporate purposes.

Diffusion Engineers was established in 1982 under the leadership of Prashant Garg, who serves as the Managing Director. Initially, the company focused on trading welding electrodes for Super-conditioning. Over its more than forty years in operation, it has diversified its offerings, encompassing a broad spectrum of products and services. These include the production of specialized welding consumables, wear plates, and heavy engineering equipment for essential industries. The company also specializes in tailored repairs and reconditioning services for heavy machinery and equipment.

In addition to its core offerings, Diffusion Engineers is engaged in the trade of anti-wear powders, welding, and cutting machinery. One of its key services is the super conditioning process conducted at its manufacturing facilities. This process offers a surface treatment solution for machine components, significantly enhancing wear resistance, alleviating stress, and improving repair capabilities. Consequently, this leads to extended lifespans for industrial parts, fostering smoother functionality, and reducing production costs.

The company has established a seamless forward integration system. This involves the manufacture of special-purpose electrodes and flux-cored wires, which are utilized in creating wear-resistant plates (commonly known as wear plates). These plates are essential components in the manufacturing of a majority of large industrial equipment within its heavy engineering division. They significantly contribute to the production of industrial equipment for core sectors such as Cement, Steel, Power, Mining, Engineering, Oil & Gas, and Sugar. This integration fosters efficiency in the production process, offering competitive advantages, reducing product costs, exerting control over raw material supplies, and decreasing reliance on third-party operations.

Presently, the company operates from four manufacturing units, with three located in Nagpur Industrial Area and Hingna, and the fourth in Khapri (Uma). Furthermore, it has an overseas presence through its subsidiaries in Singapore, Turkey, and the Philippines, and Joint Ventures/ Associates in the United Kingdom and Malaysia.

In the financial year 2023, the company's restated consolidated revenue from operations rose 24.58% year-on-year (YoY) to Rs 254.88 crore from Rs 204.59 crore in fiscal 2022, primarily attributed to an increase in revenue from Welding Consumables, Wear plate / Wear Parts, and from Trading activities. This increase was majorly attributed to an increase in the production mix and an increase in the volume of units sold. Profit after tax for the same period rose 29.92% from Rs 17.05 crore in fiscal 2022 to Rs 22.14 crore in Fiscal 2023.

For the nine months ended December 31, 2023, revenue from operations stood at Rs 204.20 crore, and profit after tax stood at Rs 21.62 crore.

Unistone Capital Private Limited is the sole book-running lead manager and Bigshare Services Private Limited is the registrar of the offer. The equity shares are proposed to be listed on BSE and NSE.

Upgrade your kitchen with TTK Prestige’s Annual ‘ANYTHING FOR ANYTHING’ Exchange Offer

National, April 2024: Prestige, the most trusted and leading kitchen appliance brand, is back with its much-awaited "ANYTHING FOR ANYTHING" Exchange Offer. Customers can bring their old kitchenware or kitchen appliances and exchange them to avail this attractive exchange offer, ranging from a 24 percent to 65 percent discount on MRP for various Prestige products. Unlike any other campaign, the Anything for Anything Exchange campaign allows consumers to exchange an old kitchen appliance from any brand and any condition with the latest innovative products from Prestige. The offer started on April 16th and will continue until June 30th, 2024.


Prestige's dedication to innovation is well-known. Each product is designed with advanced and modern technology offering home-cooks a clean, stress-free, and convenient cooking experience. With the ‘Anything for Anything’ Exchange offer, consumers will get a wonderful opportunity to upgrade their kitchen with Prestige’s latest innovations.  


A significant discount is being offered by Prestige across all their product categories. This includes the Flip-On Svachh Pressure Cookers with innovative lid-lock mechanism, Triply outer lid and inner lid range pressure cookers with spillage control lid design and, along with additional safety features like VPI, SSD, etc. Also, the offer is on the revolutionary Svachh range of Gas Stoves with their unique easy-to-clean design and liftable burner features.

Durable non-stick cookware is another key consideration for consumers when selecting their kitchen essentials. The brand is including their newly launched Ceramic coated cookware with durable ceramic non-stick coating to promote less oil usage. Triply cookware range with durable three layered body that promotes even heat distribution. This includes Kadai with a glass lid, Dosa Tawa, Fry pan.


The brand's desirable range of unique Induction Cooktops with Indian Menu options, along with an automatic Pressure Cooker whistle counter and their All-in-One Endura Mixer Grinders, covering 14 different functionalities, are also included in the Anything for Anything offer. The unique and convenient innovative features of the products in both these categories make them the preferred choice for every consumer. Additionally, Prestige's India’s First innovative Safe-Sense Chimneys, equipped with gas-leak and smoke detection technology, are also available at an unbeatable price. 

Mr. Anil Gurnani, Chief Sales & Marketing Officer, TTK Prestige Ltd. “At Prestige, we are committed to offer a solution-oriented approach with unique products and innovations tailored to meet our customer needs. Whether it's durable cookware, mess-free appliances, or cutting-edge technology-driven products, we encourage the homemakers to upgrade their kitchen experience. Our customers have been loyal to the brand and through this offer, we want to give them the best products at attractive deals to celebrate the relationship we have built with them."  


Prestige is one of India's most dependable and well brand thanks to its selection of feature-rich, robust, high-performance, and reasonably priced products and its prompt and responsive after-sales service. Every item produced by Prestige is made thoughtfully with great care, is durable, affordable, and exquisitely designed. 



Racks & Rollers - Storage Technologies and Automation Limited’s SME Initial Public Offering to open on Tuesday, April 30, 2024, price band set at ₹73/- to ₹78/- per Equity Share

Price Band of ₹73/- – ₹78/- per equity share bearing face value of ₹10/- each (“Equity Shares”)

Bid/Offer Opening Date – Tuesday, April 30, 2024 and Bid/Offer Closing Date – Friday, May 03, 2024.

Minimum Bid Lot is 1600 Equity Shares and in multiples of 1600 Equity Shares thereafter.

The Floor Price is 7.3 times the face value of the Equity Share and the Cap Price is 7.8 times the face value of the Equity Share


(i) The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability

(ii) We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputationand results of operations

(iii) The unexpected loss, shutdown or slowdown of operations at our manufacturing plant could have a material adverse effect onour results of operations and financial condition.

(iv) Inaccurate estimation of risks, revenues, or costs for a projects could negatively impact our profitability and operational results. Actual costs during project execution may significantly deviate from bid assumptions, leading to challenges in recovering additional expenses and potentially having a material adverse effect on our operational results, cash flows, and financial condition.

(v) Our operations are significantly influenced by the prices, availability, and quality of the raw materials essential for our production processes.

(vi) Failure to successfully implement our business strategies may materially and adversely affect our business, prospects, financial condition and results of operations.

(vii) Our existing customers does not guarantee realization of future income. Our revenue may be subject to modifications, cancellations, delays, holds, or partial payments by customers, which could have adverse effects on our operational results. 

(viii) We have experienced negative cash flows in the past, and we may have negative cash flows in the future. 

(ix) We operate our business from rented premises. 

(x) We have incurred losses in the past and may continue to incur significant losses in the future. 

(xi) The Merchant Banker associated with the Issue has handled 50 public issues (SME Issues) out of which 12 opened below Issue price on listing day. 

(xii) Average cost of acquisition of Equity Shares held by our Promoters:- Khasim Sait, Mohammad Arif Abdul Gaffar Dor , Hanif A Khatri , Nuumaan Khasim , Syed Azeem , Afzal Hussain are Rs. 1.11 per equity share of each promoter.

(xiii) The Price/ Earnings ratio based on basic EPS for Fiscal 2023 for the company at the Cap price is 48.45

(xiv) Weighted Average Return on Networth for Fiscal 2023,2022 and 2021 is 6.29%

(xv) Weighted Average cost of acquisition, Floor and Cap Price

Types of transactions 

Weighted average cost of acquisition (₹ per Equity Shares) Floor price*

(i.e. ₹ [73]) Cap Price*

(i.e. ₹ [78])

Weighted average cost of acquisition of primary / new issue 18 months prior to RHP NA^ NA^ NA^

Weighted average cost of acquisition for secondary sale/ acquisition 18 months prior to RHP NA^^ NA^^ NA^^

Weighted average cost of acquisition of primary issuances / secondary transactions, during the 3 immediately preceding years* - - -

^There were no primary/new issue of shares(equity/convertible securities) transaction, other than equity shares issued pursuant to bonus issue on January 10, 2024, in the last 18 months prior to the date of RHP. ^^There were no secondary sale/acquisition(equity shares) in the last 18 months prior to the date of RHP.

Mumbai, April 30, 2024: Bengaluru-based Racks & Rollers - Storage Technologies and Automation Limited is engaged in a storage racking system, with specialising in design, manufacturing, installation services of metal storage racks, automated warehouses and other storage solutions, has fixed the price band of ₹73/- to ₹78/- per Equity Share of face value ₹10/- each for its maiden initial public offer.  The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Tuesday, April 30, 2024, for subscription and close on Friday, May 03, 2024. Investors can bid for a minimum of 1600 Equity Shares and in multiples of 1600 Equity Shares thereafter.

The issue consists of a fresh issue of up to 3,840,000 equity shares with no offer for sale (OFS) component. 

The Issue is being made through the Book Building Process, wherein not more than 50% of the Net Issue shall be available for allocation to Qualified Institutional Buyers, not less than 15% of the Net Issue shall be available for allocation to Non-Institutional Investors and not less than 35% of the Net Issue shall be available for allocation to Retail Individual Investors.

Of the total net proceeds to be raised through the issue, Rs 27.50 crore will be used to meet working capital requirements and general corporate expenses.

Racks & Rollers - Storage Technologies and Automation Limited was incorporated in the year 2010 by its promoter Mr. Mohammed Arif and Mr. Khasim Sait with experience of around, 13 years and 13 years in the storage racking system industry.

The company's commitment to delivering innovative and efficient solutions for diverse warehousing needs demonstrates their commitment in its wide range of products and services. These solutions cater to various industries such as oil & gas, automotive components & aerospace, food & beverages, cold storage, pharmaceuticals, textiles, retail, FMCG, and others, each with unique storage and logistical requirements.

The Bengaluru-based company operates with a customer-centric approach, driven by a focus on continuous innovation and operational efficiency. It offers a comprehensive range of display and storage racks designed for commercial and industrial purposes, utilizing high-quality raw materials to ensure durability and optimum strength in the finished products. These raw materials include different grades of mild steel (hot rolled coils, cold rolled coils, galvanized steel coils, PPGI coils, pipes, and structural sections), powder coatings for powder coating, epoxy, enamel paints, and plastic for packaging.

The company has a manufacturing unit that covers approximately 56,250 square feet in Singanayakanahalli, Yelahanka Hobli, Bangalore, along with a 56,250 square feet storage facility, supporting a streamlined manufacturing process. The company manages product design, manufacturing, quality checking, packaging, storing, and delivery processes across specialized segments of its infrastructure, all closely monitored by an experienced team of quality controllers.

Through its manufacturing prowess, competitive strengths, and strategic business approaches, Storage Technologies and Automation Limited is well-positioned to meet the evolving needs of its clients effectively. The company is dedicated to innovation, quality, and delivering economically feasible solutions that exceed client expectations.

As of April 01, 2024, the total order book value of the Company is ₹ 21.36 Crore.

Racks & Rollers - Storage Technologies and Automation Limited has turnaround from a loss of Rs 0.20 crore in the financial year 2022 to Rs 0.48 crore in the financial year FY23. Revenue during the year FY23 increased 16.39% to Rs 81.32 crore from Rs 69.87 crore in the previous year, primarily due to an increase in the business operations of the company and increase in number of customers.

For the seven months ended October 31, 2023, revenue from operations stood at Rs 52.92 crore, and profit after tax stood at Rs 3.59 crore.

OneView Corporate Advisors Private Limited is the sole book-running lead. The equity shares are proposed to be listed on SME Platform of BSE Limited.

Disclaimer: STORAGE TECHNOLOGY AND AUTOMATION LIMITED has filed a Red Herring Prospectus dated April 22, 2024 with the ROC. The Red Herring Prospectus shall be made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Oneview Corporate Advisors Private Limited at www.oneviewadvisors.com, the website of the BSE at www.bseindia.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see “Risk Factors” beginning on page 30 of the Red Herring Prospectus. 

The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws in the United States and  may not be offered or sold within the United States or to, or for the account or benefit of,,”U.S. persons” (as defined in Regulation S of the Securities Act),  except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be “Qualified Institutional  Buyers” (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act and (ii) outside the United States in offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur. 

The Equity Shares have not been and will not be registered , listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

LISTING:. The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on SME Platform of BSE Limited (“BSE SME”), in terms of the Chapter IX of the SEBI (ICDR) Regulations, 2018, as amended from time to time. Our Company has received an In-Principle Approval letter dated April 19, 2024 from BSE Limited (“BSE”) for using its name in this offer document for listing our shares on the “BSE SME”. For the purpose of this Issue, the designated Stock Exchange will be BSE Limited.

DISCLAIMER CLAUSE OF SECURITIES AND EXCHANGE BOARD OF INDIA (“SEBI Since the Issue is being made in terms of Chapter IX of the SEBI (ICDR) Regulations, 2018, the Red Herring Prospectus will be filed with SEBI in terms of the Regulation 246 (5) of the SEBI (ICDR) Regulations, 2018, and the SEBI shall not offer any observation on Offer Document. Hence, there is no such specific disclaimer clause of SEBI. However, investors may refer to the entire “Disclaimer Clause of SEBI” on page no. 237 of the Red Herring Prospectus.

DISCLAIMER CLAUSE OF THE SME PLATFORM OF BSE LIMITED (DESIGNATED STOCK EXCHANGE): "It is to be distinctly understood that the permission given by BSE Limited ("BSE") should not in any way be deemed or construed that the contents of the Red Herring Prospectus/ Prospectus or the price at which the equity shares are offered has been cleared, solicited or approved by BSE, nor does it certify the correctness, accuracy or completeness of any of the contents of the Red Herring Prospectus/ Prospectus. The investors are advised to refer to the Prospectus for the full text of the “Disclaimer clause of the SME Platform of BSE Limited” on page no. 239 of the Red Herring Prospectus

Saturday, April 27, 2024

Bollywood star Ranbir Kapoor inaugurated revamped Kalyan Jewellers’ showroom in Mumbai at Andheri


Offers luxurious shopping experience in world-class ambience

Kick started the Akshaya Tritiya festivities in Mumbai with unveiling of all new designs

Mumbai, 27th April 2024: Kalyan Jewellers, one of India’s most trusted and leading jewellery companies, today launched its redesigned showroom at Link Road, Andheri West in Mumba. Bollywood star Ranbir Kapoor inaugurated the showroom, which features an extensive range of designs from various collections of Kalyan Jewellers. Patrons can expect state-of-the-art facilities with world-class ambiance, providing an unparalleled experience.

Addressing the enthralled crowd, Bollywood star Ranbir Kapoor said, “I am thrilled to be here today to launch this all-new Kalyan Jewellers’ showroom and meet all of you. It is an honor to be part of this special occasion as well as represent such an iconic brand, which is built on the core pillars of trust, transparency and customer-centricity. I am confident that the brand’s patrons in the region will shower their love and support for Kalyan Jewellers, while enjoying the exquisite range of jewellery pieces.”

Marking the Akshaya Tritiya celebrations, Bollywood star Ranbir Kapoor unveiled all-new designs as part of the company’s Maharashtrian-heritage inspired jewellery line – Sankalp. The revamped collection features an exquisite range of jewellery pieces that cater to the design sensibilities of a wide array of consumer cohorts. 

Commenting on the new showroom, Mr. Ramesh Kalyanaraman, Executive Director of Kalyan Jewellers, said, “With the launch of our newly renovated Kalyan Jewellers’ showroom at Andheri West in Mumbai, the aim is to create a holistic ecosystem and cater to the distinct needs of our customers, enhancing their shopping experience. We aspire to continue reinventing ourselves, providing customers with world-class ambience, while staying true to the company's ethos of trust and transparency. At Kalyan Jewellers, we will continue to offer vast range of exquisite and unique jewellery designs with focus on quality and service”

This season, customers can avail flat 25% off on making charges on all jewellery purchases*. To streamline the Akshaya Tritiya shopping experience, the jewellery brand has introduced its advance booking facility. As part of this pre-booking program, customers can now conveniently select and place their jewellery orders in advance, ensuring a hassle-free shopping experience on the auspicious day. This initiative aims to alleviate the rush as well as enable patrons to lock-in the price of jewellery by paying 10% advance on their jewellery purchase. Additionally, the “Kalyan Special Gold Board Rate”, the lowest in the market and standardized across all company showrooms, will be applied, ensuring a seamless and service-backed shopping experience.

Patrons will also receive Kalyan Jewellers' 4-Level Assurance Certificate, which guarantees purity, free lifetime maintenance of ornaments, detailed product information, and transparent exchange and buy-back policies. This certification reflects the brand's commitment to offering the very best to its loyal customers.

The showroom will also stock Kalyan's popular house brands, including Muhurat (Wedding Jewellery Line), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery), Glo (Dancing Diamonds), Ziah (Solitaire-like Diamond Jewellery), Anokhi (Uncut Diamonds), Apoorva (Diamonds for Special Occasions), Antara (Wedding Diamonds), Hera (Daily Wear Diamonds), Rang (Precious Stones Jewellery), and the recently launched Lila (Coloured Stones and Diamond Jewellery).

For more information on the brand, its collections and offers, visit https://www.kalyanjewellers.net/

T&C Apply*

About Kalyan Jewellers

Headquartered in Thrissur in the state of Kerala, Kalyan Jewellers is one the largest jewellery retailers in India with a presence in the Middle East. The company has enjoyed a long-standing presence in the Indian market for nearly three decades and has set industry benchmarks in quality, transparency, pricing and innovation. Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds and precious stones catering to the distinct needs of the customers. Kalyan Jewellers has over 250 showrooms across India and the Middle East.

Get your laughing hats on as Amazon miniTV unveils the teaser of ‘Namacool’, where we see bromance in a comic caper

Namacool will premiere exclusively on Amazon miniTV for free, on the Amazon shopping app, on Play Store, and on Fire TV

Mumbai, 27 April, 2024: Amazon miniTV, Amazon’s free video streaming service, recently announced its latest comedy-drama series Namacool with a riveting teaser. The upcoming series is poised to enthrall fans as the teaser unfolds the journey of Mayank and Piyush, two best friends who embark on a mission to uncover the true meaning of manhood as they navigate college. Through the course of their journey, the duo comes across friendships, romance and go on a crazy ride, leading their lives into a whirlwind of confusion, chaos, and comedy. What begins as a quest to establish their status as “real men” and win the love of their lives, ends up entangling them in a web of crime and betrayal. This laugh riot promises romance, crime and comedy in equal doses.

Produced by Reliance Entertainment, Namacool is set in the vibrant city of Lucknow, known for its scenic locations, poetry and romance. Written by Shantanu Srivastava and directed by Ritam Srivastav, this action-packed bromedy features Hina Khan, Aaron Kaul, Abhinav Sharma, Abhishek Bajaj, Anushka Kaushik, Faisal Malik and Aadil Khan, in pivotal roles.  The 7-episode series sets the stage for a comical adventure that will keep audiences glued to the screen.

Amogh Dusad, Head of Content, Amazon miniTV said, “Amazon miniTV always aims to push the envelope when it comes to entertaining audiences across India with its diverse content library. With Namacool, a light-hearted comedy-drama set in the vibrant city of Lucknow, we bring forth the stories of underdogs set against the backdrop of college. We are delighted to collaborate with Reliance Entertainment to bring this quirky story to the audiences and look forward to bring more such exciting stories.”

Parul Sharma, Producer Reliance Entertainment, said, “We are delighted to partner with Amazon miniTV for Namacool. This collaboration is only the beginning of a compelling partnership, and we look forward to collaborating with them soon. Namacool promises to be a blockbuster, with components ranging from action and drama to romance and the everlasting bond of friendship. I hope the audience will like it as much as we enjoyed creating it.”

Namacool will stream soon for free only on Amazon miniTV. You can watch it on the Amazon shopping app, Fire TV, Smart TVs or download the Amazon miniTV app on Playstore.

Teaser Link: https://youtu.be/1B_31YU-UW8?feature=shared


About Amazon miniTV  

Amazon miniTV is a free video streaming service that provides high quality entertainment, which you can watch anytime, anywhere. Always Entertaining. Always FREE!

●   Exclusive shows and videos: Amazon miniTV is home to a cherry-picked collection of fresh, incredible and engaging stories and titles across multiple genres ranging from webseries, award-winning short films, reality shows and popular international shows dubbed in Hindi, Tamil and Telegu. These include popular titles like Half CA, Love Adhura, Badtameez Dil, Hunter, Half Love Half Arranged, Yeh Meri Family, Rakshak – India’s Braves, Physics Wallah, Rafta Rafta, Case Toh Banta Hai, Dehati Ladke, Sixer, Ishq Express, Highway Love, Gutar Gu, Crushed, Playground, among others. The content has been carefully curated to suit the varying entertainment preferences of today’s viewers.

●   No subscription required: Amazon miniTV is absolutely free!

Instant access: Amazon miniTV is present on Amazon’s shopping app, which is India’s most trusted and largest online store. Just download the Amazon shopping app, click or search for ‘miniTV’ to view from thousands of titles available. Want to watch on the big screen? Then visit www.amazonminiTV.com on your laptop, or on Prime Video, Fire TV, Xiaomi Smart TVs and Google TV . You can now also download the Amazon miniTV app on Play Store on your Android smartphone.

Industry recognition: Amazon miniTV’s content has received a lot of love from fans and the industry.  Titles such as Physicswallah, Highway Love, Dehati Ladke, Hustlers, Crushed, Hunter, Half CA and Yeh Meri Family have featured in the ‘top 10 webseries’ lists across publications; our short film Shimmy won the People’s Choice Award for Best Actor and Critic’s Choice Award for Best Actor (Pratik Gandhi); Clean won best short film at IWM Buzz Awards 2022; Yatri Kripya Dhyan De was adjudged the best short film by Indian Television Academy; and our most loved high school drama Crushed was nominated at the 2022 Filmfare OTT Awards, to name a few.

About Amazon.in

The Amazon.in marketplace is operated by Amazon Seller Services Private Ltd, an affiliate of Amazon.com, Inc. (NASDAQ: AMZN). Amazon.in offers a single destination to customers to shop for millions of products, make payments with Amazon Pay, and watch free entertainment content with Amazon miniTV.

Amazon is guided by four principles: customer obsession, passion for invention, commitment to operational excellence, and long-term thinking. Amazon Prime, Fulfilment by Amazon, AWS, Kindle, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Friday, April 26, 2024

Oral Cancer Awareness Month – April 2024

Excessive use of tobacco among young adults is main cause of increasing Oral Cancer cases in India

Mumbai- India witnesses a substantial number of newly reported cancer cases each year, with approximately 1. 5 million new cases are diagnosed annually. April is Oral Cancer Awareness Month, an annual observation that underscores the fact that early detection of oral cancer can decrease morbidity and increase long-term survival. Every hour, 24-hours-a-day, 365-days-a-year, someone dies of oral or oropharyngeal cancer (cancer of the back of the oral cavity and upper throat). Overall, the lifetime risk of developing oral cavity and oropharyngeal cancer is about 1 in 59 for men and 1 in 139 for women. These are average risks, but a number of factors (described in Oral Cavity and Oropharyngeal Cancer Risk Factors) can affect your risk for developing mouth and throat cancer. Oral cancer is a significant health concern in India, ranking as the second most common cancer overall and the most common among males. Commenting on this topic Dr. Rahul Patil , MS ENT , DNB, fellowship in head and neck cancer surgery From Apex Group of Hospitals said, “.  Oral cancer also known as mouth cancer, the disease is the most common form of head and neck cancer and includes cancers of the mouth and the back of the throat. Excessive use of tobacco, chewing betel nuts, or smoke among young adults accounting for 80-90 per cent of oral cancer cases. Other contributing aspects include excessive alcohol consumption, human papillomavirus (HPV) infection, weakened immune system, poor nutrition, excess body weight and excessive sun exposure. Detecting cancer in its early stages is crucial in preventing additional physical, psychological and financial harm to the patient. By identifying it early, appropriate treatment can be administered promptly, potentially increasing the patient's survival rate to 90 per cent. To address these risk factors and promote oral cancer prevention, it is important to prioritize regular screenings and check-ups with a healthcare professional. This can help to detect oral cancer in its early stages when it is most treatable.”

The State of Kerala displays the lowest occurrence of oral cancer, whereas West Bengal records the highest. In the western regions of Maharashtra, oral malignancy is most prevalent in individuals aged 60 years or older, followed by those between 40 and 59 years old, with males being affected twice as frequently as females. An association based on gender has been observed in cases of oral cancer, with males exhibiting a high prevalence of cancer related to tobacco use added by Dr. Rahul Patil , MS ENT , DNB, fellowship in head and neck cancer surgery From Apex Group of Hospitals. The Government of India has taken several initiatives to address the rise in cases of oral cancer. This includes providing free screening and treatment services for oral cancer as well as launching campaigns to raise awareness about the importance of early detection and prevention.

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.