23, Dec 2023
Priti Adani meets 200+ village level volunteers promoting SuPoshan in Narmada
Narmada, Gujarat – December 23rd, 2023: Dr. Priti Adani, Chairperson of the Adani Foundation, visited Narmada district where the Foundation is running project Fortune SuPoshan since 2018 across all five administrative blocks namely Dediyapada, Garudeshwar, Tilakwada, Sagbara and Nandod. The project aims to combat malnutrition in women and children (0 – 5 years of age) in 14 CSR sites across 11 states in India.
The day-long program started in Rajpipla with a vibrant tribal dance performance welcoming Dr. Priti Adani, followed by heart-warming conversations about the work being done to promote good nutrition for the holistic health of people in Narmada. In this tribal district, which is designated as aspirational district by the Government of India, SuPoshan is covering 38,388 children, 7,991 adolescent girls, and 12,382 women in the reproductive age group.
During her visit, Dr. Priti Adani addressed and applauded the SuPoshan project team and the 215 SuPoshan Sanginis i.e., village-level volunteers who are trained to drive the reduction of malnutrition and anaemia in the district. She expressed admiration for their dedication in reaching out to the most vulnerable population in the challenging terrain of Narmada. The SuPoshan Sanginis shared their experience of working in the field of nutrition, and how their association with the Adani Foundation changed their life by improving their socio-economic conditions.
Dr. Priti Adani said, “I firmly believe that as India achieves remarkable progress, we should not remain behind when it comes to parameters of health and nutrition. With this vision, the Adani Foundation is supplementing the Poshan Abhiyaan through project SuPoshan. In Narmada, our teams have established a strong community connect over the last five years, reaching the remotest households and inspiring behavioural change on a large scale”.
After the program, Dr. Priti Adani visited Mathavadi village in Nandod block to meet and talk to community members, ASHA workers and Anganwadi workers. SuPoshan Sangini Baby Kiran Tadvi who works in this village, shared her experience of raising awareness about nutrition, health and hygiene through home visits, counselling sessions, recipe demonstrations, focused group discussions, and cultivating and utilizing kitchen gardens.
Project SuPoshan is a CSR initiative of Adani Wilmar, which is implemented by the Adani Foundation. It is aligned with the Prime Minister’s vision of achieving a malnutrition-free India (Kuposhan mukt Bharat) through the National Nutrition Mission (Poshan Abhiyaan). It has been strategically designed to provide substantial support to Anganwadi centres and frontline health workers. In Narmada, project SuPoshan stands as a testament to the Adani Foundation’s unwavering focus on improving the health and well-being of communities, particularly children and women.
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- By Rabindra
23, Dec 2023
Trends and Challenges in India’s Real Estate Landscape of 2023
– By Rohit Gera, Managing Director, Gera Developments
Following a stellar 2023 fueled by affordability and a preference for larger homes, India’s residential real estate market shows continued promise for 2024. However, pockets of vulnerability emerge from potential price hikes and oversupply in specific markets.
The current boom rests on a foundation of increased affordability. Years of stagnant prices coupled with rising salaries have empowered buyers, leading to a surge in demand, particularly for larger apartments. This trend is further amplified by government initiatives like PMAY, aimed at bolstering the housing sector for low-income individuals.
While 2024’s outlook remains upbeat, several factors could pose challenges. The RBI’s interest rate hikes to combat inflation may lead to higher home loan rates, potentially dampening demand. Additionally, rapid growth in the sector could lead to oversupply in smaller towns, putting downward pressure on prices.
For homebuyers navigating this dynamic market, prioritizing reputed developers with strong track records is crucial. Choosing markets with robust job creation ensures potential price appreciation due to increased housing demand. Good civic and social infrastructure, often a product of government investment, is another key factor to consider for a desirable quality of life. Finally, remember that real estate is a long-term game; don’t chase quick profits but invest with a long-term perspective.
In conclusion, the Indian residential real estate market is poised for continued growth in 2024, but potential challenges necessitate careful navigation. By prioritizing reputable developers, job-rich markets, good infrastructure, and a long-term investment mindset, homebuyers can position themselves for success in this promising landscape.
23, Dec 2023
HFCL introduces indigenous 5G FWA CPE solution to revolutionize last-mile broadband connectivity
● HFCL has indigenously designed and developed first ‘Made-in-India’ 5G FWA CPE portfolio to meet the growing demand for seamless high-speed internet connectivity for homes and enterprises
● Range of Indoor and Outdoor 5G FWA CPEs across multiple frequency bands that are ideal for telcos to address last mile connectivity in urban and rural markets across India and global markets
● AI-integrated mobile app offers easy installation and zero touch provisioning for quick deployment
New Delhi, December 23, 2023: HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider has launched India’s first indigenous 5G FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) solution. Pioneering innovative and indigenously developed technology products, HFCL’s portfolio of Indoor and Outdoor 5G FWA CPE products will accelerate broadband penetration in urban, rural areas of India and help bridge the last-mile connectivity challenge in India and other key global markets.
There has been a remarkable surge in demand for safe and high-speed internet access in India driving the need for fiberisation and increased broadband penetration. In addition, the rising data demand from micro, small and medium enterprises is further pushing the need for an innovative connectivity solution. A report from Bank of America estimates that 5G-based FWA services could be worth up to $9bn a year and may be a valuable substitute for fibre broadband.
Built to complement wired broadband connections in areas where fibre rollout is limited, HFCL’s range of 5G FWA CPE support both 5G SA and NSA technologies across multiple Sub-6 GHz and mmWave frequency bands to offer cost-effective and fibre-like speeds to customers using the 5G network.
HFCL’s 5G FWA CPE portfolio of plug-and-play devices are lightweight, compact in size, have minimum power consumption and provide customer friendly features like Wi-Fi 6 technology to connect a large number of devices at high speed and come with an AI-integrated mobile app for self-installation and assist in identifying the best location with strong signal reception.
HFCL’s 5G FWA CPE portfolio offers new business opportunities for telecom service providers (TSPs) by allowing them to offer fixed internet broadband services to consumers and enterprises using their 5G network infrastructure.
23, Dec 2023
Axis Mutual Fund garners over INR 3,400 Crores in the Axis India Manufacturing Fund, in one of the highest fund-raise for a Thematic Fund
Key Highlights: –
- Category: Thematic
- Scheme Details: An Open-Ended Equity Scheme representing the India Manufacturing Theme
- Fund Managers: Nitin Arora and Shreyash Devalkar
- Gross Sales: Over INR 3,400 crores
- Applications received: Around One Lakh Fifty Thousand
Bengaluru, December 23, 2023: Axis Mutual Fund, one among the fastest growing fund houses in India, is excited to announce that it has garnered over INR 3,400 crores in the Axis India Manufacturing Fund, one of the highest funds raises ever in a thematic fund this year. This NFO, from 1st Dec to 15th Dec 2023, received robust participation from diverse investor segments from over 500 locations in India and garnered close to one lakh fifty thousand applications. Further, fresh inflows accounted for nearly 70% of the applications, making the NFO a resounding success. The digital channel witnessed an overwhelming participation as well, contributing to nearly 20% of the total applications, creating a new milestone for the Fund House.
In fact, in one of the first of its kind for the fund house, unique customers from B30 markets accounted for nearly 44%, standing on an almost equal footing with T30 markets. The overwhelming response from B30 markets is a clear reflection of the financially maturing Bharat and investor aspirations.
B. Gopkumar, MD & CEO, Axis AMC commented, “The overwhelming response underscores the confidence that investors have placed in India’s growth potential and Axis Mutual Fund’s commitment to deliver value. A significant ~10% of the applicants opted for long-term investments through SIPs (Systematic Investment Plans). Almost 30% of the Investors who invested in the NFO were new to Axis Mutual Fund, advocating their faith in us. This strong response marks the evolution of India’s investor base who are demonstrating the resilience and preference for such funds while understanding the long-term opportunities to leverage, given the fact that India remains on a higher growth trajectory and the government’s strong focus on manufacturing.”
Product Labelling and Riskometer:
AXIS INDIA MANUFACTURING FUND (An open-ended equity scheme representing the India Manufacturing Theme)
23, Dec 2023
Digital Cheer for Urban Millennials: Honor Smartphone and TagTalk Media’s Two-Week Holiday Fiesta for Honor 90 5G
New Delhi, 23rd December 2023: Honor Smartphone is excited to announce the commencement of a comprehensive two-week-long national campaign in partnership with TagTalk Media Communication for its latest flagship model, the Honor 90. Timed strategically during the holiday season, aligning with the merriment of Christmas and New Year, this two-week spectacle aims to resonate with the season’s spirit.
The campaign is set to roll out in major metropolitan areas like Delhi, Mumbai, Bangalore, and Pune on 200+ live displays, reaching young millennials. The potential of technology and compelling content, the programmatic campaign has been strategically deployed across premier pubs and restaurants with the real-time business DOOH network to create an immersive experience for the digitally engaged audience. The initiative will take center stage on the screen at PVR Priya in Delhi, guaranteeing optimal visibility and audience engagement.
Sharda Mandal, Chief Marketing Officer (CMO), HTech India, opined, “Our collaboration with Tagtalk Media Ventures is a testament to our commitment to engage with the urban Indians, boasting an impressive estimated daily reach of 3-4 lac individuals. HTech’s core values prioritize consumer-centric innovation, and our strategic approach involves harnessing the power of programmatic planning across premium networks. This strategy will not only enhance the effectiveness of our campaign but also position us to captivate the attention of the digitally savvy audience at the right time and place.
Gautam Bhirani, Founder & CEO , TagTalk said, “Excited about our collaboration for the Honor 90 launch campaign. As a smartphone-driven Digital Out of Home network, TagTalk connects with millions of Millennials and Gen-Z, fostering engagement through our collaborative social media ecosystem. Leveraging the Christmas and New Year celebrations, we optimized the campaign for maximum output with zero media spillover by delivering a high Share of Voice (SOV) and strategic day-time targeting in popular, high-traffic locations connecting with the heads down generation.”
In the upcoming campaigns, Honor smartphone plans to leverage GenAI in DOOH for more engaging content to connect with the audience seamlessly.
23, Dec 2023
‘Rallis India gets Silver Award at ICAI Sustainability Reporting Awards 2023’
Bengaluru | December 23: Rallis India Limited has been honoured with the Silver award in “Excellence in BRSR (Business Responsibility and Sustainability Reporting) Mid Cap – Manufacturing Sector” at the 3rd ICAI (Institute of Chartered Accountants of India) Sustainability Reporting Awards 2022-23.
This recognition by the ICAI underscores the organisation’s sustainability reporting practices, reflecting the dedication towards championing innovation, encouraging continuous improvements, and implementing knowledge and skills to achieve strategic objectives.
Speaking about this achievement Subhra Gourisaria, Chief Financial Officer, Rallis India, said, “We are honoured to receive this esteemed award on excellence in Sustainability Reporting by the Institute of Chartered Accountants of India. This prestigious recognition is a testament of our commitment of conducting our business in a socially responsible and ethical manner. We continue to embed sustainability-focused initiatives across the organisation to achieve our Sustainable Development Goals.”
Rallis India is dedicated to integrating Environmental, Social and Governance (ESG) principles into its business, emphasising the enhancement of the communities it serves.
Guided by its board-level SHES (Safety, Health, Environment and Sustainability) Committee, Rallis India prioritises safety and sustainability in strategic initiatives, budgets, audits and improvement plans. Periodic internal reviews of charters and policies, overseen by senior management and board committees, highlights its comprehensive approach to safety and sustainability implications.
23, Dec 2023
Air India Express Announces Exciting Sale on Domestic and International Flights
23-December-2023, Bengaluru: Spreading holiday joy, Air India Express announced a bumper sale on its domestic and international flights. Bookings made until December 25, 2023, for travel from January 8, 2024, to April 12, 2024, will enjoy fabulous deals. Domestic sector fares start at ₹1799, covering routes like Delhi – Jaipur, along with discounted fares on popular routes such as Chennai-Bengaluru, Bagdogra-Kolkata, Kochi-Bengaluru, Hyderabad-Goa, and more, including key international sectors.
Logged-in members get an extra treat with complimentary Xpress Ahead Services on the airline’s award-winning mobile app and website, airindiaexpress.com. Tata NeuPass Rewards Program members can earn up to 8% NeuCoins, enjoying additional benefits like exclusive deals on meals, seats, baggage, cancellation fee waivers and more.
Special fares are also available for students, senior citizens, SMEs, dependents, and members of armed forces on airindiaexpress.com. Air India Express continues to enhance the guest experience with the introduction of Vista VIP, a business class-like product featuring spacious seats, extra legroom, increased baggage allowance, hot meals, and priority services on select Boeing 737-8 aircraft.
With over 300 daily flights to 31 domestic and 14 international destinations, Air India Express operates a fleet of 59 aircraft, including 31 Boeing 737s and 28 Airbus A320s. The recently unveiled refreshed brand identity emphasises a commitment to personalised experiences, inviting travellers to ‘Fly as You Are’ with Gourmair hot meals, comfortable seating, AirFlix in-flight entertainment, and exclusive loyalty benefits. This refreshed identity aligns with the airline’s vision to inspire new possibilities and foster meaningful connections with the warmth of Indian hospitality.
23, Dec 2023
Central Bank of India’s ESG VISION: Committed towards net zero (scope1) by 2028 on its 113thFoundation Day
Central Bank of India celebrated its 113th Foundation Day on 21st Dec.2023 across India. On this auspicious occasion Shri M V Rao MD & CEO, Shri Vivek Wahi, ED, Shri M V Murali Krishna, ED, Shri Mahendra Dohare, ED and other Executives of the Bank paid floral tributes to the Bank’s Founder “Sir Sorabji Pochkhanawala” at Mumbai. Granddaughter of our founder Dr. Piloo Hakim was also present alongwith other Top Executives. On this occasion various customized products for our valued customers were introduced and new initiatives for employees were also introduced. Bank Released the ESG Vision Paper 2028 and thanked Mr. Deepak Batra and Mr. Atul Gupta for their efforts. MOU with IIM Mumbai was signed for and their Prof. Manoj Kumar Tiwari- Director, and Prof. Shirish Sangle-Dean & Professor were felicitated on this occasion.
On the 113th foundation day function Shri M V Rao MD & CEO of the bank addressed the gathering and conveyed his best wishes to all Centralites and their families. While emphasizing on the various customer centric products launched, he appealed to all the employees of the Bank to perform with passion. He said various schemes have been launched for benefit of staff members. He said that continuous learning is only alternative for success. He released document ESG VISION: Committed towards net zero (scope1) by 2028 on its 113th Foundation Day. Shri Rao said that green initiatives is call of the time. Dr. Piloo Hakim granddaughter of the founder Sir Sorabji Pochkhanawala thanked the bank management for remembering the founder’s family every year on the foundation day function and also gave her best wishes to the bank on its 113th foundation day.
23, Dec 2023
SBI Ladies’ club spreads Christmas cheer and celebrates with underprivileged children
Mumbai, December 23, 2023 — State Bank of India, the country’s largest lender, in a heartwarming celebration of compassion and festivity with SBI Ladies’ Club Mumbai, led by All India President Mrs. Anita Khara, arranged a Christmas Carnival for 100 underprivileged children.
With the spirit of the season, the event unfolded as a captivating experience for the children, who were treated to a myriad of activities. The festivities continued with buggy rides, games, a mesmerizing magic show, and photographs with Santa Claus. Each child was presented with gifts and snack boxes contributed by the members of the SBI Ladies’ Club Mumbai.
Reflecting on the event, All India President Mrs. Anita Khara remarked, “The SBI Ladies’ Club Mumbai is committed to making a positive impact on the lives of those less fortunate, especially during the holiday season. The Christmas Carnival was not just an event; it was a collective effort to bring happiness and festive spirit to the hearts of these wonderful children. Our club is dedicated to such social and charitable endeavors, and we find immense joy in contributing to the community.”
The evening concluded with the lighting of the Christmas tree and the melodious carols, echoing the true essence of Christmas.
The SBI Ladies’ Club Mumbai remains committed to social responsibility and this Carnival showcases the club’s dedication to creating meaningful and lasting memories for the underprivileged children.
23, Dec 2023
100th Anniversary of legal luminary late Justice Konda Madhav Reddy
Hon’ble Vice-President Shri Jagdeep Dhankhar to release a special postal cover to commemorate the 100th Anniversary of legal luminary late Justice Konda Madhav Reddy!
Hyderabad, December 23nd, 2023: Shri Jagdeep Dhankhar, Hon’ble Vice-President of India, will be releasing a special postal cover to commemorate the 100th Anniversary of legal luminary late Justice Konda Madhav Reddy on December 27th, 2023, at 5.00 pm at AV College, Gagan Mahal, Hyderabad. Late Justice Konda Madhav Reddy served as the Chief Justice of Andhra Pradesh and Mumbai High Courts and Governor of Maharashtra.
The special postal cover being released in honour of Justice Konda Madhav Reddy, is a momentous occasion which captures the essence of his life and works and the values he stood for, says Konda Vishweshwar Reddy, Chairman, Justice Konda Madhav Reddy Foundation, Hyderabad.
The program will be presided over by Dr. (Smt.) Tamilisai Soundararajan, Hon’ble Governor of Telangana and Hon’ble Lt. Governor of Puducherry. Shri Alok Aradhe, Hon’ble Chief Justice, Telangana; Dr Prathap C Reddy, Chairman, Apollo Hospitals Group; Justice B Sudershan Reddy, Former Judge, Supreme Court of India; Shri PVS Reddy, Chief Postmaster General, Telangana Circle; Prof. Ramchandra Reddy, Former professor of Osmania University; Shri VR Reddy; Justice MSK Jaiswal, several other sitting and retired judges, members from legal fraternity, MPs, MLAs and other dignitaries will grace the occasion.
