29, Jul 2024
Grip Invest & ALT Investor Debut AltXtra Content Series on Alternative Investments
Delhi, India, 29th July 2024: Recognizing the growing demand for knowledge on high-yield, alternative investments among India’s burgeoning retail investor base, Grip Invest, the leading high-yield investment platform, has joined forces with ALT Investor, India’s largest and first community for alternative investments to present AltXtra – a multi format content series.
‘AltXtra: Decoding Alternative Investments’ simplifies the complex intricacies of the alternative investment universe into digestible formats for broader public consumption. As part of Grip Invest’s efforts to educate and empower investors seeking to venture beyond traditional investments, this 13-week knowledge series focuses on diverse investment themes. These themes include Indian wealth distribution, comparisons between various investment assets, and insights into SEBI regulations. AltXtra launched on July 22, 2024, with one theme going live each week across ALT Investor and Grip Invest’s social channels.
Commenting on the launch of AltXtra, Mr. Nikhil Aggarwal, Founder & Group CEO, Grip said, “A major pain point experienced by retail investors in the context of alternative investments is the lack of understanding and access to high quality information. This becomes a barrier to them adopting these newer investments assets & sometimes taking ill-informed decisions. Earlier high-yield investment options were accessible to only the select few – but that has changed. Platforms like Grip Invest and other OBPP participants are democratising this for the common retail investor. A critical lever for this category to grow will be meaningful education and our partnership with ALT Investor to present AltXtra is an effort in that direction.”
Mr. Yash Roongta, Founder, ALT Investor said, “Alternative investments are a fantastic avenue to earn higher risk adjusted returns when compared to traditional options like FDs. Platforms like Grip Invest have already democratised access to these options but the lack of awareness and appropriate guidance demotivates an average retail investor to capitalise on these superior opportunities. AltXtra, powered by Grip Invest aims to reduce the knowledge gap and enable more people to enter the alternatives space based on their risk profile”
India’s retail investor base is on a tear, which has further propelled SEBI to create an investor-protection oriented regulatory environment. Amidst this sentiment, ALT Investor and Grip Invest come together to tackle the challenge of lack of investor education. The AltXtra shall serve as a trusted guide to investors, helping demystify alternative investments through a channel of blogs, podcasts, videos, and webinars.
AltXtra is a 13-week series and will feature diverse investment relevant themes including fundamental shifts in Indian wealth distribution to the nuanced comparisons between investment assets like SDIs, Corporate Bonds, and FDs. Mindful of the evolving regulatory landscape shaped by SEBI and OBPP, AltXtra will present the retail investor the power to make decisions based on high quality information and content. By covering all bases in the alternative investment space, AltXtra will provide a comprehensive guide for investors at all levels of expertise.
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- By Rabindra
29, Jul 2024
Citi Named Best International Investment Bank in India at Euromoney Awards
Mumbai: Citi is the proud recipient of the award for Best International Investment Bank in India at the Euromoney Awards for Excellence 2024.
According to Euromoney, Citi was the top IPO and block trade house in India, executing 16 transactions worth $4.4 billion in the 2023 calendar year.
Speaking on the recognition, India Investment Banking Head, Rahul Saraf said, “Our team of seasoned professionals has always been focused on achieving the best outcome for clients. The fact that we are a truly global bank helps us deliver the One Citi experience across a wide breadth of markets and geographies, which is our unique differentiator. This award validates our exceptional client focus and serves as a huge shot in the arm for us to exceed expectations. We are truly excited about the huge opportunity that we have today to catapult India to the next level in the global economy.”
This year, Citi has won a record of 41 global, regional and local market awards from Euromoney, a leading global financial markets magazine, at its annual Awards for Excellence that recognizes the best in banking across key areas that are most important to a bank’s key stakeholders, clients, board and executive management teams.
In its 29th edition, the Euromoney Awards for Excellence also recognized Citi as:
· The World’s Best Digital Bank
· The World’s Best Investment Bank in the Emerging Markets
· Asia’s Best Investment Bank
Other accolades for Citi India in 2024
Citi India has been recognized for several prestigious awards in 2024. These include:
· Award for Best M&A Advisor at the Asset Triple A Country Awards for Sustainable Finance 2024. Also won the awards for Best Corporate and Institutional Bank, Best Commercial Bank and Best Bank for Sustainable Finance
· Award for Best Investment Bank (International) at the Finance Asia Awards 2024. Also won the awards for Best Corporate Bank -Large Cap & MNCs (International) and Most DEI Progressive – Bank (International)
· Award for Best Foreign Bank from Fortune India
29, Jul 2024
Muthoot Fincorp Introduces Vyapar Vikas Gold Loan for Traders with Easy Daily Repayment – Pay Interest on Diminishing Balance Only
Trivandrum/ New Delhi, July 29, 2024: In its continuous effort to uplift the trader community, Muthoot FinCorp Limited, the flagship Company of 137-year-old business conglomerate Muthoot Pappachan Group (Muthoot Blue), has introduced a new scheme – Vyapar Vikas Gold Loan. This innovative offering is designed to meet the evolving financial needs of traders, providing them with unparalleled flexibility and value.
Traders can leverage their gold jewellery to obtain maximum loan value, providing them with the necessary funds to support and expand their businesses. The scheme offers ample flexibility of tenor – from 7 days to 12 months, giving traders to decide based one’s customised requirements.
The Vyapar Vikas Gold Loan stands out with its easy daily repayment option, in line with the cash flow of traders enabling daily reducing interest rate where in traders have to pay the interest only for the number of days and amount used. The loan scheme combined with an attractive interest rate makes an appealing choice for traders seeking financial flexibility, as there are no prepayment charges and offers flexibility in credit history (CIBIL criteria). The loan interest is calculated on a diminishing balance basis, ensuring that borrowers only pay interest on the outstanding amount, further reducing the financial burden.
Mr. Shaji Varghese, CEO of Muthoot FinCorp said, “We are excited to introduce the Vyapar Vikas Gold Loan, a product designed to cater to the specific needs of traders, especially those running micro and small businesses. At Muthoot FinCorp, we recognize the dynamic nature of trade and the crucial role of cash flow management. This scheme provides traders with the flexibility, convenience, and financial support they need to grow their businesses. With features like easy daily repayment options, no prepayment charges, interest is levied only for the outstanding and for the days availed, attractive interest rates, and digital repayment facilities, we are committed to empowering traders across India to achieve their business goals.”
Vyapar Vikas Gold Loan facilitates digital repayments through the Muthoot FinCorp One mobile app, eliminating the need for traders to visit branches for repayment. Moreover, the 24X7 express top-up facility through SMS or the app ensures that traders can access additional funds whenever required, without the hassle of branch visits. This round-the-clock feature underscores Muthoot FinCorp’s commitment to offering seamless and efficient financial services.
Muthoot FinCorp’s Vyapar Vikas Gold Loan is a testament to the company’s dedication to financial inclusion and support for the trading community.
29, Jul 2024
MARS Cosmetics Wins Big at Shiprocket SHIVIR 2024 as Excellence in Smart Affordable
New Delhi, 29th July 2024: MARS Cosmetics proudly announces its victory for Excellence in Smart Affordables at Shiprocket SHIVIR 2024. This distinguished platform is dedicated to exchanging knowledge, networking, and pioneering advancements in digital eCommerce. Winning this award showcases the brand’s dedication to innovation and excellence in the beauty and personal care industry.
MARS Cosmetics, a popular Indian cosmetic brand aiming for “Makeup For Everyone”, was nominated for its groundbreaking 4-in-1 Travel Brush, a multifunctional beauty tool designed to revolutionize on-the-go makeup applications. This innovative product combines four essential makeup brushes into one compact and convenient tool: a foundation brush, a powder brush, an eyeshadow blending brush, and a flat brush. The 4-in-1 Travel Brush exemplifies the brand’s dedication to addressing the evolving needs of beauty enthusiasts with practical, high-quality solutions.
Expressing enthusiasm about the victory Rishabh Sethia, Director and Business Administrator at MARS Cosmetics says, “We are honored to receive this prestigious award at Shiprocket SHIVIR 2024. This recognition is a testament to our team’s hard work and ingenuity in creating products that enhance the beauty experience for our customers. Our 4-in-1 Travel Brush is just one example of how we strive to bring convenience and excellence to the beauty industry.”
MARS Cosmetics continues to lead the way in beauty and personal care innovation, setting new standards and inspiring confidence in its global clientele. The company remains committed to its mission of delivering exceptional products that meet the diverse needs of beauty consumers worldwide.
29, Jul 2024
Mauritius Hosts the 6th Edition of ‘Vishwarang 2024’
India, 29th July 2024: The 6th edition of the ‘Vishwarang’ festival, renowned worldwide for its celebration of language, culture, literature and art will take place in Mauritius from August 7 to 9, 2024. This event is organized under the auspices of the Vishwa Hindi Secretariat (Mauritius) and Rabindranath Tagore University, Bhopal, MP (India).
Addressing the International Organizing Committee, Shri Santosh Choubey stated, “The Hindi language has achieved remarkable global recognition. Vishwarang 2024 stands at the forefront of advocating Hindi as a global language while spotlighting the richness of Indian literature, arts and culture on the global stage. Vishwarang Mahotsav has created a distinguished global identity in the preservation and promotion of Hindi and its related Indian languages and dialects. The ‘Tagore International Hindi Center’ has been established on the Rabindranath Tagore University campus, fostering Hindi education courses and international connections. Representatives from over thirty countries and eleven universities have agreed to affiliate with the Tagore International Hindi Center.”
Shri Santosh Choubey further said that “This time the 6th edition of Vishwarang will open new doors of global discussion on various aspects of hindi language teaching. Along with language teaching, topics related to literature, art, culture and social concerns will be the center of special attraction in Vishwarang. In the sessions of language, social concerns, literature, art and cultural sessions, linguists, creators and artists from various countries including India-Mauritius will participate creatively. Experts from various countries who have done exemplary work for the promotion and global expansion of language teaching will be honored with “Vishwarang- 2024 Samman”.
He further informed that in the “Pre-phase” of ‘ Vishwa Rang- 2024’, creative activities and competitions in various categories will be organized in various schools of Mauritius. In these, prizes and certificates will be given to the winning students by ‘ Vishwarang ‘.
Eleven books of NRI writers from different countries will be released during the 6th edition of Vishwarang. On this occasion, a book titled ‘Vishwa mein hindi ‘ will be released. Here, the status of Hindi in more than 65 countries of the world has been assessed in this book.
Announcing ‘Vishwarang- 2024’ of Vishwarang International Organizing Committee, Shri Santosh Choubey, Director, Vishwarang and Chancellor, Rabindranath Tagore University, informed that Vishwarang-2024 will be organized with the cooperation of Tagore International Hindi Centre (India), Tagore World Centre for Arts and Culture (India), Mahatma Gandhi Institute (Mauritius), Rabindranath Tagore Institute (Mauritius), Hindi Speaking Union (Mauritius), Hindi Pracharini Sabha (Mauritius), Maharishi Dayanand Saraswati Institute (Mauritius), Vishwarang Secretariat (India) and Vanmali Srijan Peeth (India) .
The poster of Vishwarang 2024 was released by the visionary of Vishwarang, Shri Santosh Choubey, Dr. Jawahar Karnavat, Director, Tagore International Hindi Center and Advisor, Overseas Indian Literature and Culture Research Center, Shri Vinay Upadhyay, Director, Tagore World Art and Culture Center and Shri Sanjay Singh Rathore, Secretary, Vishwaang Secretariat. Country coordinators of various countries participated creatively on this occasion.
29, Jul 2024
Paytm’s exciting UI innovation for booking tickets for the much awaited Deadpool & Wolverine
Celebrating the release of the much awaited action entertainer DEADPOOL & WOLVERINE, Paytm has created a dynamic movie booking experience with a UI innovation, bringing their favourite superheroes to reserve seats of the film.
On booking tickets of the film on the Paytm app, users can witness their preferred seats being displayed by logos of Deadpool & Wolverine while the seats already booked would be showcased with the iron claws of Wolverine. This enthralling innovation has certainly added to the buzz and hype of the film leaving no stone unturned to resonate with audiences across the country.
Marvel Studios’ Deadpool & Wolverine in theatres from today in English, Hindi, Tamil and Telugu.
29, Jul 2024
eClerx GenAI360 Platform Wins the 2024 Globee Silver Award for Technology
Mumbai, July 29, 2024: eClerx Services Ltd (ECLERX.NS) eClerx announced today that its GenAI360 Platform has been named the Silver winner for AI Innovation at the 19th Annual 2024 Globee® Awards for Technology.
More than 1,700 nominations were received for the award. The Globee® Awards for Technology is a renowned program celebrating outstanding achievements and innovations across the tech industry.
The eClerx GenAI360 Platform focuses on content, virtual customer care, code automation, and insights across various business needs. By integrating advanced foundation models, GenAI360 delivers improved efficiency and creativity to users in multiple use cases.
“We are thrilled and honored to receive this recognition from the Globee® Awards,” said eClerx Global Head of Technology Sanjay Kukreja. “This Silver award is a testament to our commitment to delivering innovative solutions leveraging the latest in technology with a focus on empowering businesses to achieve greater efficiency, quality, and better insights. It reflects our dedication to continuous innovation and excellence in technology.”
Globee Awards President San Madan added, “Congratulations to all the exceptional winners of the 2024 Globee Awards for Technology. Your groundbreaking innovations and unwavering dedication have set a new standard of excellence in technologies everywhere. At Globee Awards, we proudly celebrate your remarkable achievements and look forward to witnessing the transformative impact you will continue to make in the world. Keep pushing the boundaries of what’s possible and inspiring us all.”
The award is the second of two awards the platform has won in 2024. In January, the eClerx GenAI360 Platform was selected as a winner of the BIG Innovation Awards 2024, an annual business accolade by the Business Intelligence Group.
For more information, visit https://eclerx.com/genai360-platform/
About eClerx
eClerx provides business process management, automation, and analytics services to a number of Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail, fashion, media & entertainment, manufacturing, travel & leisure, and technology companies. Incorporated in 2000, eClerx is today traded on both the Bombay and National Stock Exchanges of India. The firm employs more than 16,800+ people across Australia, Canada, France, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, the UK, and the USA.
For more information visit www.eClerx.com.
29, Jul 2024
Fascinating Toys That Provide The Perfect Blend of Learning and Fun
With the help of these five innovative toys that are sure to excite growing minds, discover a world where creativity and knowledge meet. Each item in this thoughtfully curated variety has been chosen to foster critical thinking skills and imaginative play. These toys, which range from interactive puzzles that enhance problem-solving abilities to useful building kits that encourage spatial reasoning, combine entertainment value with educational value. These innovative toys aim to make learning an unforgettable experience for kids by engrossing, instructing, and entertaining them.
Skoodle Quest Marbellious – Classic Brain teaser & Strategy Game
With Skoodle Quest Marbellious, the ultimate strategy game and brainteaser, set out on a voyage of strategic mastery. This timeless game mixes strategic decision-making with precise marble movement to challenge and captivate players of all ages. Move through a labyrinth of traps and riddles, using cunning and skill to emerge victorious. Skoodle Quest Marbellious, which is made of high-quality materials and a colourful design, promises to amuse users for hours on end while improving their spatial awareness and cognitive abilities. Immerse yourself in the world of Marbellious and experience the thrill of the best kind of strategic gameplay—perfect for solitary challenges or family gaming nights.
Funskool Games Animal Family Memory Game
With the Funskool Games Animal Family Memory Game, you may explore an engaging learning environment where enjoyment and cognitive growth collide. This captivating game, made for young explorers and their families, tests memory while honouring the diversity of the animal species. Gamers of all ages may have fun matching vibrant animal pairs, which improves memory and focus in a fun and instructive way. The Animal Family Memory Game is made of sturdy materials and has colourful drawings that guarantee longevity and fun. Played as a fascinating solo activity or on family game nights, it’s a great method to build lasting memories and improve memory abilities.
Youreka 4 in 1 Wooden Easel Board
With the Youreka 4 in 1 Wooden Easel Board, a versatile instrument meant to spark youthful imaginations, you may unleash boundless creativity. This adaptable easel is made of environmentally friendly wood and has height and angle settings that can be adjusted to suit the needs of artists of different ages and tastes. Its two-sided design has a classic chalkboard for classic sketching experiences and a smooth whiteboard surface for marker creations. It keeps art supplies arranged and easily accessible with its several storage trays and sections. The Youreka Easel Board promises years of artistic inspiration and educational opportunities and is a must-have for any home or classroom. It is ideal for encouraging creativity, fine motor skills, and educational development.
Hasbro Gaming Mastermind
Play the timeless code-breaking game Hasbro Gaming Mastermind to test your strategic thinking. It has been enthralling gamers for decades. Mastermind is a two-player game that tests wits and deduction between a code maker and a code breaker. The code breaker makes a series of guesses in an attempt to figure out the pattern created by the code maker, who places a secret sequence of coloured pegs. Coloured key pegs provide feedback with each guess, helping to reduce the pool of options. Mastermind is a fantastic game for honing deduction, reasoning, and pattern identification skills. It comes with a sturdy plastic game console and colourful pegs that can be played again and over again. This classic game of strategy and suspense, appropriate for players 8 years old and older, is a must-have for family game nights and casual
Paw Patrol Fun Learning Set
With the Paw Patrol Fun Learning Set, young learners may engage in thrilling and inspiring educational adventures. With the help of everyone’s favourite rescue dogs, this extensive collection offers a wide range of interactive games and educational resources. With so many interesting puzzles, colourful flashcards, and educational activities to choose from, kids can study basic concepts like letters, numbers, colours, and more with their favourite Paw Patrol characters. A love of learning is fostered in children and cognitive development is encouraged by the set’s vibrant artwork and strong materials. The Paw Patrol Fun Learning Set is perfect for preschoolers and early elementary schoolers since it makes learning memorable and pleasurable, both at home and in the classroom.
29, Jul 2024
IDEMITSU Honda Racing India Riders Shine in Round 4 of 2024 FIM Asia Road Racing Championship
Mumbai, 29 July 2024: The Race 2 of Round 4 of the 2024 FIM Asia Road Racing Championship witnessed the riders of IDEMITSU Honda Racing India team putting forward their effort and determination in the AP250 class race amidst the field of strong competitors at Pertamina Mandalika International Circuit in Indonesia.
Starting from the 27th position on the grid, the 19-year-old Chennai’s riding prodigy, Kavin Quintal, showcased his racing prowess by securing the 18th position with a total time of 18:23.701. Despite the challenging circumstances and strong competition, Kavin managed to stay steady and avoided any crash. He advanced through the ranks and demonstrated his strategic riding skills throughout the race today.
His teammate, Mohsin Paramban from Mallapuram, started today’s race from 21st on the grid and finished at the 23rd position in Race 2 with a total time of 18:45.987. He displayed focus throughout the race. Despite facing intense competition and challenging race conditions, Mohsin navigated his way with determination and resilience. His calculated manoeuvres helped him complete the race.
Unfortunately, both the riders could not secure any points for the team in this round. The IDEMITSU Honda Racing India team holds a cumulative total of 12 points across all four rounds of the 2024 Asia Road Racing Championship.
IDEMITSU Honda Racing India rider Kavin Quintal
“Today’s race was indeed challenging, but I gave it my all and managed to climb a few positions. Starting from 27th on the grid and finishing 18th amidst such strong competition was a tough task. Each race is a learning experience, and I am gaining valuable insights with every lap. Round 4 did not go as we had expected. However, I am determined to keep improving, fine-tuning my strategies, and aim for better results in the upcoming rounds. The support from the team has been incredible, and I’m confident we will achieve greater milestones together.”
IDEMITSU Honda Racing India rider Mohsin Paramban
“It was a tough race with intense competition and challenging conditions, but I focused on maintaining a steady pace and completing the race. Starting from 21st and finishing 23rd was not what I aimed for, but each race brings its own set of lessons. We did not gain points today but the encouragement and support from the team kept us motivated. We are staying positive and working hard to come back stronger in the next round. The journey is as important as the destination, and we are committed to making continuous progress.”
29, Jul 2024
Medtronic and SWIZTON Medcare Collaborate to Establish Their First Vein Clinic
July 29, 2024,Mumbai, Maharashtra, Bengaluru, Karnataka, India : India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc, and SWIZTON Medcare (an initiative of 98 Farenheit Pvt. Ltd. subsidiaries), a healthcare services provider, have joined hands to inaugurate vein clinics, aiming to offer advanced varicose vein treatments in partnership with leading hospitals. The signing ceremony for this milestone collaboration took place at Aveksha Hospital in Singapura, Bengaluru. It also happens to be this partnership’s first vein clinic.
It is estimated that about 20% of all adults will get varicose veins at some point in their lives. Recognizing the pressing need for accessible and effective treatments, Medtronic and SWIZTON Medcare are committed to democratizing healthcare by making specialized vein treatments available to a wider population.
Under this partnership, Medtronic will provide innovative varicose vein treatment solutions, along with training and education for healthcare professionals and patient education and awareness initiatives, to enhance patient outcomes. SWIZTON Medcare will leverage its expertise in healthcare services to deliver varicose vein-related therapies, ensuring holistic patient care and promoting awareness among the public about treatment modalities.
This partnership will empower individuals seeking relief from varicose veins. Equipped with advanced treatments such as adhesive treatment and radiofrequency ablation (RFA) from Medtronic, as well as sclerotherapy, the clinic is poised to deliver comprehensive care at an affordable cost.
Present at the inauguration were Mandeep Singh, Managing Director and Vice President, Medtronic India, Dr. Tahsin Neduvanchery and Dr. Rahul Deep from SWIZTON Medcare.
Commenting on the partnership, Mandeep Singh, Managing Director and Vice President, Medtronic India, said, “With the opening of the first partnered vein clinic and many more partner vein clinics in the future, we are committed to our mission to deliver accessible healthcare solutions. By collaborating with SWIZTON Medcare, we are not only establishing clinics but also initiating a patient care pathway that will support our patients with prompt access to advanced varicose vein treatment.”
Dr. Tahsin Neduvanchery, a renowned expert in varicose vein treatments associated with SWIZTON Medcare, said, “The rise of minimally invasive treatment options is revolutionizing the way varicose veins are managed. With fewer risks, less pain, and faster recovery times, these options are empowering patients to take control of their vascular health and improve their quality of life. The establishment of vein clinics with advanced treatment options would improve accessibility to prompt care.”
Dr. Rahul Deep, another specialist from SWIZTON Medcare, expressed optimism about the collaboration’s impact on patient care, stating, “By combining innovative adhesive and radiofrequency ablation technologies from Medtronic with our healthcare services, we are poised to make a meaningful difference in the lives of individuals suffering from varicose veins. Together, we will strive to enhance awareness and accessibility to ensure better outcomes for all.”
Through these collaborative efforts, both entities are dedicated to addressing the growing need for specialized vein treatments while empowering patients with knowledge and options for better health.
