17, May 2024
A Red Circle Holds Good Food Fridays

Nonprofit offers free drive-thru farm-fresh produce to the community.

(St. Louis, Mo., May 17, 2024) A Red Circle recently launched its third annual Good Food Friday’s program, a free weekly produce giveaway that runs from 3 to 5 p.m. every Friday through October. The initiative takes place at A Red Circle’s North County Agricultural Education Center (NCAEC) located at 4521 Hamilton Ave. in Pine Lawn, Mo.

Good Food Friday visitors receive a complimentary bag containing freshly harvested fruits, vegetables, herbs, and eggs from NCAEC’s collaborative growing space on a first-come, first-served basis. A Red Circle also provides recipes plus storage tips, and the nonprofit’s Food & Farm Teaching Specialist Chef Queenie Vesey conducts recipe demonstrations with food samples, weather permitting.

Good Food Friday

The NCAEC is an urban farm oasis established by A Red Circle in 2019 on five converted residential lots. The space features fruit trees, chickens, bee hives, and a hoop house that allows for year-round vegetable production. Visitors are invited to tour the farm where their produce has been grown.

Founded in 2017, A Red Circle is a nonprofit dedicated to the advancement of racial equity in North St. Louis County, Mo. The organization creates economic and community betterment solutions through education, employment, and empowerment. A Red Circle has four Missouri locations – Healthy Flavor Community Garden in Riverview, North County Agricultural Education Center in Pine Lawn, The Creative Spot in Ferguson, and North County Community Nexus in Bellefontaine Neighbors – to best serve the community and improve wellness opportunities for its citizens who experience healthy food access disparities in the region.

Reservations are not required. For more information about Good Food Fridays, call (314) 328-2286 or visit www.aredcircle.org.

23, Feb 2024
Valley Insurance Agency Alliance Names New Alliance Coordinator

David Drda previously worked as an Account Manager for sister company Powers Insurance & Risk Management.

(St. Louis, Mo., Feb. 23, 2024) David Drda was recently hired as an Alliance Coordinator for Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. His responsibilities include generating a systematic approach to information gathering, analysis, and problem solving. Drda will also assist alliance member agencies with system processing and carrier code updates.

David Drda

Drda brings 12 years of insurance industry experience to the alliance. Prior to joining VIAA, Drda served as an Account Manager for sister company Powers Insurance & Risk Management where he helped clients with policy services. He previously worked at various Illinois insurance agencies in numerous capacities. Drda earned his Associate of Arts degree and Associate of Science degree in Business Management from Southwestern Illinois College in Belleville, Ill.

“We moved David from Powers to VIAA based upon his strong detail-oriented skill set,” said Valley Insurance Agency Alliance’s co-founder Henry Powers. “Our alliance continues to grow its membership, and David is the ideal candidate to work with onboarding new agencies to ensure efficiency and profitability.”

Founded in 2006, Valley Insurance Agency Alliance generates more than $600 million in written premium and is the regional founding member SIAA – The Agent Alliance, a $12.5 billion national insurance network. Founded in 1991, sister company Powers Insurance & Risk Management provides personal and business insurance, surety, risk management, and employee benefits. The companies are headquartered at 6825 Clayton Ave. For more information, call (314) 725-1414 or visit www.viaa4u.com.

Nikhil and Siddharth from NSCI Club win Double Crowns at the Racketlon National Championship
21, Feb 2024
Nikhil and Siddharth from NSCI Club win Double Crowns at the Racketlon National Championship

Mumbai, February 21, 2024: Nikhil Mansukhani and Siddharth Nandal both won double crowns at the recently conducted Racketlon All India Open Championships. Nikhil Mansukhani won the Men’s Doubles and Mixed Doubles while Nandal clinched the Men’s Singles and Doubles titles.

Racketlon is a combination sport in which the competitors are required to play four racket sports: table tennis, badminton, squash and tennis and have to compete for one set of 21 points across all four games.

Krishna Kotak who is the founder of Racketlon in India, also won the Title in Men Singles 55 plus category.Racketlon in India is managed by the Racketlon India Sports Association (RISA), with KK Cheema as its president.

Nikhil won the double crown by securing Gold in the Elite Men’s Doubles and Elite Mixed Doubles categories. In the Men’s Doubles, Nikhil partnered with 33-year-old Income tax officer, Siddharth Nandal to win 21-6, 21-7, 2-21, 12-3 against the pair of Kunal Singh and Vaibhav Chauhan. In the Mixed Doubles, Nikhil partnered with Johann Fernandes to clinch the Gold. This was Nikhil’s maiden National title.

In the Men’s Singles, Siddharth Nandal won his third National title by defeating Vikramaditya Chaufla from Udaipur with a score line of 20-22, 21-16, 21-8, 7-2.

Both Nikhil and Siddharth have also represented India at the Racketlon World Championships held in Rotterdam last year and have been practicing at NSCI Club at Worli.

The competition was organised by the Wellington Catholic Gymkhana and featured more than 150 participants.

16, Feb 2024
Leif Assurance Hires Two Marketing Specialists

Lauren Elizabeth Gulli and Connor Kay bring extensive marketing background to the growing company.

(St. Louis, Mo., Feb. 16, 2024) – Leif Assurance, a full-service insurance agency that exclusively handles construction insurance, recently hired Lauren Elizabeth Gulli as Brand Marketing Specialist and Connor Kay as Digital Marketing Specialist.

Lauren Elizabeth Gulli as Brand Marketing Specialist and Connor Kay
(L to R) Lauren Elizabeth Gulli, Brand Marketing Specialist and Connor Kay, Digital Marketing Specialist.

Gulli’s responsibilities include developing and executing effective marketing campaigns to enhance brand visibility and drive business growth. She will focus on creating strategies and managing content to best engage target audiences. Prior to joining Leif Assurance, Gulli worked as a Marketing Director for a business consulting firm. Gulli earned her Bachelor of Arts degree in Multimedia Studies from Florida Atlantic University in Boca Raton, Fla.

As Digital Marketing Specialist, Kay will use various digital platforms to optimize Leif Assurance’s marketing campaigns. He also will ensure the company’s online presence aligns with its long-term goals. Prior to joining Leif Assurance, Kay worked as a Business Development Representative at a Chicago law firm. He previously was the Digital Media Planner for a contemporary clothing label company. Kay earned his Bachelor of Science degree in Agriculture Communications and Media Advertising from the University of Illinois Urbana-Champaign in Urbana, Il.

“Lauren and Connor add comprehensive experience and insight to our marketing team,” said Leif Assurance CEO JD Powers. “They understand how to create messaging that focuses on our customer’s needs while staying true to our organization’s objectives. Both are a welcome addition to our growing company.”

Founded in 2022, Leif Assurance offers actionable risk management, as well as data-driven pricing models to build the most accurate risk profiles so contractors are rewarded for safe job sites with earned insurance savings. Leif provides cost-effective and comprehensive insurance solutions for worker’s compensation, general liability, builders’ risk, inland marine, and commercial auto.

Leif Assurance is the sister company of Powers Insurance & Risk Management and Valley Insurance Agency Alliance (VIAA), a cohesive family of more than 160 independent insurance agencies in Missouri and Illinois. Powers Insurance & Risk Management is one of the largest family owned and operated independent insurance agencies in the bi-state region. All three companies are located at 6825 Clayton Ave. For more information about Leif Assurance, call (314) 202-4200 or visit www.leifassurance.com.

3, Feb 2024
St. Louis Area Diaper Bank Hosts Fourth Annual Bloody Mary Brunch

Fundraiser to support the nonprofit’s period supply program.

(St. Louis, Mo., Feb. 3, 2024) — The St. Louis Area Diaper Bank will hold its fourth annual Bloody Mary Brunch on Sun., March 24 from 11 a.m. to 2 p.m. at its headquarters located at 6141 Etzel Ave. The event, open to those 21 years of age and older, will feature a Bloody Mary and mimosa bar plus light brunch. Tickets are $60 per person, and all monetary donations will support the Diaper Bank’s period supply program, which helps nearly 35,000 girls and women annually with period kits.

2024 Bloody Mary Brunch

Attendees will have the interactive opportunity to count, sort, and pack period supply kits for local school partners. Other activities include raffles, a glitterati photo station, and a brief presentation about the agency’s efforts to end period poverty in St. Louis.

The period supply program distributes period supplies through community partners and advocates for the elimination of “period poverty”. In 2024, 900,000 period supplies will be distributed in St. Louis, with 20,000 period supplies allocated each week. Two-thirds of low-income women in St. Louis cannot afford menstrual hygiene products, with 46% of low-income women having to choose between food and period supplies.

The St. Louis Area Diaper Bank, founded in 2014, provides diaper and period supply access to the region’s low-income families and raises community awareness about the causes and consequences of diaper need and period poverty. The nonprofit is a member of the National Diaper Bank Network and its sister organization Alliance for Period Supplies, a nationwide nonprofit dedicated to eliminating diaper need and “period poverty” in America. The period supply program ensures access to menstrual hygiene products, which allows full participation in daily life with dignity.

For more information about the Bloody Mary Brunch or to donate, call (314) 624-0888 or visit their website.

30, Dec 2023
Former CM Kiran Kumar Reddy among 36 HPS alumni explored Raunaq’s H.I.G.H. as part of HPS’s 100-year celebrations, at a high tea & more, hosted by Nawab Raunaq

Hyderabad, December 30, 2023: 36 H.P.S. school alumni visited recently Raunaq Yar Khan’s H.I.G.H.*/Highest In Greater Hyderabad* “, a man-made hill, which is taller than the city’s tallest ancient Naubat Pahad (the hill where Birla Mandir has come up), located on eight acres of the 80-acre private land estate on Road number 25 in Jubilee Hills. The large batch of guests, mostly from outside Hyd, were taken by surprise that such nature-friendly real estate still exists in the centre of this expensive IT Capital of India.

Nawab Raunaq Yar Khan and his HPS Alumni Including Kiran Kumar Reddy Former CM of AP among them Seen at Man Made Hills at Road No 25 in Jubilee Hills-pic 3

I live close to this place. I knew it, but never knew that it is so big said Kiran Kumar Reddy, former Chief Minister of undivided Andhra Pradesh, who visited Nb Raunaq to explore this mostly unexplored landmark of Hyderabad. This visit was in between the 100-year celebration of “Hyderabad Public School” at a High tea hosted by Nb. Raunaq for a large group of HPS alumni & their spouses.

Nawab Raunaq Yar Khan, 60 years old, the creator of the hill, is a well-known citizen of Hyderabad and a distinguished personality who has recently been crowned the 9th Nizam of the Asaf Jahi Dynasty by his vast royal family. He is presently the owner of the film set facility located on an 80-acre plot at Road No. 25, Jubilee Hills, Hyderabad. Part of it is a man-made hill on 8 Acres, only one-of-a-kind in any urban area of the world.
In-city, bigger than all film facilities together.

Nizam Prince Raunaq Yar Khan is known for amazing family buildings and this man-made hill is known as H.I.G.H “Highest in Greater Hyderabad Hill”. Film wallahs know it is a ” Bhoot Bungala”. Many mega-budget films were shot at this place including ‘Rangasthalam’. Already on an elevated plateau, the hill is taller than Naubat Pahad. This place is the talk of the town now. On Google map, it is “Raunaq’s H.I.G.H. Man Made Hill”

It took me ten years to create this hill on an existing tall plateau. I have used moram(a sticky type of soil) so that it holds the embedded rocks. I had to put this place to use to protect it from land sharks, that won’t stop at anything to claim or grab it, Raunaq said.

Nawab Raunaq Yar Khan and his HPS Alumni Including Kiran Kumar Reddy Former CM of AP among them Seen at Man Made Hills at Road No 25 in Jubilee Hills

Coincidentally the party venue, Raunaq’s Hill was the place frequented by Raunaq’s ancestor SultanUlMulk(who built some accommodation within existing air-raid shelters, before World War 2). Sultan-Ul-Mulk was the son of Sir Viqar(who built Falaknuma) & Lady Viqar/Jahandar-Un-Nisa, sister of Nizam 6th, who gifted more than 100 acres to the original “Jagirdars College”, presently Hyderabad Public School, from her private estate.

The tea party was organised to celebrate Christmas & New Year. Nawab Raunq Yar Khan has personally hosted huge exclusive celebrations of many religious festivals other than his own, like Divali and Sankranti for decades by inviting people to the same venue.0He is a sincere believer in the role of inter-religious harmony in a peaceful society, having been recognised and honoured for the same (which included his work as Delhi Police adviser)with a conferred doctorate.

The entire group including g members of the 1975 batch enjoyed the evening g was present. Dilip Chenoy, Former Secretary General of FICCI and a member of the batch was a guest and he coordinated with the group who came from all parts of India and the world.

30, Dec 2023
City School holds TED Like Power Talks

T. Alphonse Reddy_Mrs Saroja_T Aruna Reddy and Dr K Suvarna seen lighting the lamp

Hyderabad, December 30, 2023: Hyderabad-based St Peter’s School at Bowenpally organised a unique program ‘Stars of Inspiration–an evening under the open sky’ on Saturday night at its premises in Bowenpally on Friday night, for three hours and continued till 9 in the night.

A platform for school-level talks, expressing new ideas, thoughts, and perspectives created. It will be an annual feature announced by Mr. T. Alphonse Reddy Correspondent, St. Peter’s High School.  Summing up at the end of three hour-long marathon talks.   He along with other colleagues Mrs Saroja, former Principal of the School, and Mrs T. Aruna Reddy, Director, unveiled a new logo, as it is entering 25 years and celebrating its Silver Jubilee in the year 2024. It began its journey in 1979 by three young social entrepreneurs to offer rock-strong Edu-foundation, he said.

T. Alphonse Reddy correspondent of the school

In an era of short messages, short forms of videos like Reels, shorts, and WhatsApp status videos, we came up with this idea of why not have TED-like short talks that fire up in two minutes even less than that. We coined it aptly ‘Stars of Inspiration–an evening under the open sky’. It is a platform for school-level talks, expressing new ideas, thoughts, and perspectives created. It will be an annual feature, he said.  The response was overwhelming. We have got 400 entries from class 6 to 12th.  We shortlisted and brought it down to 50, he added.

We have not filtered nor polished their thoughts. They were raw. Seventy per cent of the 50 speakers were first-timers.  It was their maiden talk in front of 1000-plus parents, teachers, non-teaching staff, guests and peers. It was their feelings, experiences, observations, random thoughts, personal journey, and life lessons learnt, straight from their heart, while some delivered with confidence, others struggled to speak. They put their mind out open, in their language, words, vocabulary, and thought process, he said.

Giving her opening remarks Dr. K. Suvarna, Principal of the school said in an era where the attention span of the public is getting shorter and shorter, where teenagers have become screenagers and juggle between many screens (read Mobile, TV, and Tablet, Laptop, Desktop, OTT), where people are living in a room filled with distractions all the time, the school had to do something different. Equip students with an approach so that they capture the world’s attention.  They can say what they want to say, just in the span of an elevator journey.

Team Varenya_ Pritam and Samuel made their model Fire and Gas Leakage Fichter Robot

It goes well with the school’s credo, ‘Let every child blossom’, she said. It is a celebration of expression, talent and diverse perspectives.

The Talks were outstanding examples of stand-up, speak-up, fire-up and shut-up.

The evening began with the first talk by Simra Baig of class 100. He spoke about ‘Body Dysmorphia’, a mental health condition where some people spend a lot of time worrying about flaws in their appearance. Nearly one million people are struggling with it, he said.

Netra Singh of class six who spoke about ‘Homegrown Genius’, came up with the idea of Anti-Sleep alarm goggles for drivers to avert mishaps. She also spoke about Robotic Pets, which can help cure loneliness and give mental support.  Especially post-COVID pet adoption has gone up and so also the cost of maintaining pets, real pets scaring delivery boys (causing the death of a couple of food delivery boys) and street dog menace (being read every day in the city).  In the light of this state of affairs, she prompted an idea of Robotic Pet and she showed her version of Robotic Pet.

Vishwanath Karthikey, a tenth grader, the youngest to set some world records in mountaineering, shared how painful the journey was. He told his friends never to give up. There were several times in my mountaineering endeavours when I wanted to give up, had I done that I would not have stood in front of you talking today. Success is the outcome of many failures.  There are no failures, only opportunities to improve, bettering oneself he said.

M.S. Mridhulya of the 9th class speaking about her journey from an introvert to an extrovert said ‘my socialising battery was always low.  Outside the comfort zone was where the magic happened in my life.  And concluded with a powerful message, the best and the only journey is the journey you must travel within you.

Ariana Kingham of Class 6 spoke about her journey from Bhutan to Hyderabad and the beauty of learning languages.  All languages are interesting, you just need to peep into them.

Speaking about Men’s Mental health, Afrah Fatima of the tenth class said men can also get anxious, insecure, abused, brad down, cry, and depressed. You must treat men the same as female victims, she said and added that the Mental health of men is important.  Men keep stress to themselves.  You are not alone. You are not first and you are not the last. You are not a burden she said.

Speaking about skin colour-based discrimination, T. Sriharshitha of class ten said that she was always discriminated against based on her skin colour.  Your skin colour is something you are gifted with. Nelson Mandela, Serena Williams, and Draupadi Murmu, all are dark-coloured but still, people love them and adore them. They are an inspiration to many.  Dont colour decide your future, she said

A Greevan spoke about Wars and said those who start a war don’t get killed.  The soldier’s life is at stake. Those soldiers who go to war, may not return home.  Even if they return, his family may not be there. Even if his family is found, he may not be in the same physical condition.  When he returns, he may return without hands or legs.

Yusuf Ali moved everyone with this journey, how he fought Crouzon Syndrome (a genetic syndrome which affects the shape of the head and face). I look different.  School admission was a challenge.  Every day was a struggle.  I didn’t give up, he shared.

Speaking about how he travelled from a mere participant in track events to a national athlete, Dheeraj Sadula of the 9th class gave a message to his peers not to expect some incredible results in one day as most of the current generation looks for instant results.

Divija Hari, a 12th grader, beautifully explained the bond of friendship.  And said that having genuine connections even if they are few are better than thousands of Facebook friends.  She read out a beautiful poem ‘Brides of Bonds’, and she wrote.

The school’s Fire and Gas Leakage Fichter Robot was selected in the CBSE Regional Science Exhibition and will be participating in the National Exhibition in January 2024 in New Delhi. The winning teams gain entry to be exhibited in the Rashtriya Bal Vaigyanik Pradarshani to be organised by NCERT. St Peter’s team is one of the 30 exhibits selected out of 3169 student teams registered. Varenya, Pritam and Samuel share their journey of participation and success.

Sammathamu Swathi Hansika, an 11th grader speaking about digital liberation spoke and YourHourAPP, which gives a daily view of how often one checks phone and how frequently one uses different apps. You can then set limits with daily app timers, and unplug at night with features like Bedtime mode, etc.

Sameena Hajee speaking on bonding with blood spoke about the importance of family and appealed to parents to have mutual understanding so that their children can lead a better life.

The series of captivating Power Talks covered a vast array of topics that showcased the depth of their interests and passions. From Career Exploration to Community Service Reflection, Artistic Showcase to Language Learning Journey, Smart India Hackathon to Creative Writing, Reading, Book Review, Personal Journey, Research Showcase, TED Style Talks, Student Life at St.Peter’s High School and much more – these talks were not just informative but a reflection of the dedication and passion our students pour into their pursuits.

21, Nov 2023
62-Year-Old Man Undergoes Successful Treatment for Stage IV Tongue Cancer at American Oncology Institute (AOI) in Gurgaon

Gurgaon, 21 November, 2023

In a rare case, a 62-year-old man was successfully treated for stage IV tongue cancer, at American Oncology Institute (AOI), Gurgaon. The patient first sought medical attention in March 2023, when he was received by Dr Sheh Rawat, a distinguished oncologist at AOI. Initially, the patient had complained of persistent throat and neck pain, which had been troubling him for the past three months, prompting a comprehensive clinical evaluation and thorough investigations.

Treatmentfor Stage IV Tongue Cancer at American Oncology Institute

Upon examination, the patient was diagnosed with advanced Stage IV Tongue Cancer. This diagnosis understandably raised concerns and questions for both the patient and his family, including the type of treatment, treatment duration, potential side effects, and, most importantly, the expected outcomes. Dr Sheh Rawat and the compassionate healthcare team at AOI addressed these concerns by outlining a detailed treatment plan.

Speaking on the same, Dr Sheh Rawat, Radiation Oncologist, AOI Gurgaon said, “The prevalence of Head and Neck cancers in our country emphasizes the importance of early detection and intervention. The successful treatment of Tongue Cancer through Radiotherapy underscores the significance of this therapeutic modality in combating this challenging disease. The patient’s remarkable recovery from advanced Stage IV Tongue Cancer exemplifies the potential for healing and the importance of comprehensive care in the fight against cancer.”

The chosen course of action was Radiotherapy, which has proven to be highly effective in treating Tongue Cancer. Under the expert guidance of DrSheh Rawat, Radiotherapy was initiated, and the patient displayed incredible resilience and tolerance throughout the entire treatment process. Later, the patient successfully completed his Radiotherapy treatment within a month. The latest check-up revealed that the patient is now completely cancer-free. This recovery brings relief to the entire family, who now stand as a living testimony to the power of modern oncology and the dedication of healthcare professionals.

Dr Amit Dhawan, Regional COO, AOI, Gurgaon explained, “We believe that early detection is the linchpin of success in the battle against tongue cancer. At AOI, we’ve made it our mission to be at the forefront of cutting-edge technology, enabling us to diagnose and treat complex cancer cases with precision and care. Our commitment to superior technology empowers us to provide less invasive procedures, and better outcomes for our patients. We understand that every moment counts in the fight against cancer, and our advanced resources ensure that we can act swiftly and effectively. Together, we are redefining the standards of cancer care, one early detection, one successful treatment, and one hopeful outcome at a time.”

American Oncology Institute (AOI) at Aarvy Healthcare Super Speciality Hospital in Gurugram is one of the best cancer hospitals in Haryana, offering a wide range of cancer treatment services in the region. As a proud member of the elite global network of the International Tumor Board, AOI in Gurugram collaborates closely with leading medical professionals worldwide, ensuring that our patients receive the most advanced and informed treatment options available at the best hospital in Haryana.AOI Gurugram specializes in a range of dedicated services, making it the best hospital in Haryana. Committed to excellence, AOI combines clinical expertise, state-of-the-art technology, and compassionate care to deliver the highest standard of cancer treatment in the region.

10, Nov 2023
Universal Music India and leading Indian talent management company REPRESENT announce strategic partnership to amplify Independent artist talent

Mumbai, November 10, 2023 – Universal Music Group India (UMGI), a division of Universal Music Group (UMG), the world leader in music-based entertainment and REPRESENT, a pioneering Indian independent talent management company, have announced a strategic partnership to accelerate the opportunities available for its artists. Under the leadership of Founder and CEO, Aayushman Sinha and its energetic team, REPRESENT has quickly earned a reputation for shaping the future of Indian pop culture, while nurturing independent artists to achieve global recognition.

Universal Music Group India
In Frame (L-R) – Bottom Row Kayan, Aayushman Sinha, Devraj Sanyal, Sanujeet Bhujabal Middle Row Hanita Bhambri, Saahel, MC Stan, Zaeden, Anuv Jain, Lost Stories Top Row Yashraj

Through the strategic collaboration, REPRESENT’s talented roster will gain access to UMG’s global footprint across distribution, publishing, brands and more, directly facilitating the growth and reach of their artists worldwide, empowering REPRESENT’s artists to create more music and an expanded ecosystem to foster their creativity. Some of the REPRESENT artists who will be distributed and supported under this strategic partnership include Anuv Jain, MC Stan, Zaeden, Lost Stories, Yashraj, Hanita Bhambri, Akanksha Bhandari, Kamakshi Khanna, Saahel, Savera, Kayan, OAFF and Jai Dhir.

The companies will work together on artist development, fan engagement and more. The alliance leverages the creative synergies, united in their commitment to push boundaries and support established, as well as emerging talent and help introduce new Indian music culture to a global audience.

This partnership between UMGI and REPRESENT, symbolizes another major milestone for the growth of Indian artists, combining REPRESENT’s blueprint for talent development with UMG’s expertise to develop artistry and elevate the independent music scene in India.

In making the announcement, Devraj Sanyal, Chairman and CEO of Universal Music India & South Asia said, “We are delighted to announce this new strategic partnership with REPRESENT. Our combined efforts will empower their artists and fuel their creativity, help inspire audiences worldwide, and elevate Indian music to new heights. With REPRESENT’s visionary approach and UMG’s global network and support, we are confident this collaboration will help shine a spotlight on some of India’s most exciting young talent.”

Aayushman Sinha, Founder and CEO, REPRESENT enthuses his thoughts on the partnership, “Having worked with Universal Music Group across quite a few of our artists’ releases in the past and have been fortunate to be aligned in our thoughts to elevate the overall music industry and provide a platform for Indian artists to take their music global. This partnership is a step closer to achieving that. We bring some of our ace independent artists to the table as part of this deal and UMG brings its extensive resources and expertise – together driving the future of music. So excited to start this new chapter and I can’t wait to see where we go from here on.”

Sanujeet Bhujabal, EVP & Head of Content, Universal Music Group India, “This partnership signifies another milestone for the Indian music community. With REPRESENT’s impressive roster of artists and UMG’s vast expertise, we are poised to create new opportunities for their artists to resonate with millions of music fans worldwide. Together, we will push the boundaries of innovation and help foster a thriving ecosystem for artists in India.”

In recent years, UMGI has led the Indian music market in reflecting the diversity of genres and languages of music within the country. This strategic partnership with REPRESENT, alongside previously announced partnerships with Desi Melodies & TM Ventures, and the success achieved by UMG’s own VYRL labels, has transformed and kickstarted a new wave of original artist content that is captivating India’s music fans and charts, and further underscores UMG India’s ambition to help shape the artist ecosystem, whilst supporting the independent music scene and vibrant music culture in India.

5, Nov 2023
Olectra Greentech announces Q2 Results, net profit jumps 150 percent

New Delhi, 05th Nov, 2023 :

India’s leading electric vehicles manufacturer Olectra Greentech Limited (OGL), has announced its Q2 and half-year consolidated financial results ending September 30, 2023. The Board of Directors, in its meeting held on Saturday, officially approved these remarkable achievements.

Olectra Greentech

During the quarter under report, Olectra delivered 154 electric vehicles, against the 111 delivered in 2022-23, an increase of 39 percent. The revenue for Q2 FY 23-24 stood at Rs 307.16 crore, up by 73%.

This significant revenue growth was recorded due to the increase in deliveries. The company has delivered over 1437 electric vehicles till date. The strong demand continues with the total number of bus orders on hand standing at 8,208 units.

The company’s EBITDA in Q2 FY23-24 reached an impressive Rs 45.06 crore, marking a substantial 72% increase compared to the previous year.

The PBT has surged to Rs 26.57 crore, a remarkable 141% increase from the previous fiscal year’s Rs 11.03 crore. The PAT stands at Rs. 18.58 crore, compared to Rs 7.42 crore in the previous fiscal year up by 150%.

The company reported Earnings Per Share (EPS) of Rs 4.40 for the half year ended September 30, 2023, compared to Rs 2.95 for the previous half year ending September 30, 2022.

Performance Highlights of H1-half year:

The revenue for H1 FY23-24 was Rs 523.18 crore, up by14%. The company’s EBITDA in H1 reached an impressive Rs 86.57 crore, marking a substantial 33% increase compared to the previous year.

The PBT surged to Rs 51.83 crore, a remarkable 53% increase from the previous fiscal year’s Rs 33.92 crore. The PAT stands at Rs 36.65 crore, up by 52%, compared to the previous fiscal year’s Rs 24.10 crore.

Commenting on the results, Olectra Greentech Limited CMD Mr K. V. Pradeep said: “We are pleased to report strong growth in our consolidated revenue and profitability for the Q2 and H1 FY23-24. Our focus continues on increasing our manufacturing capacity and enhancing our technology capabilities. We also have a strong order book.”

The construction works of the Seetarampur factory that is coming up over 150 acres is racing ahead. With this factory our production capacity will further increase, he added.