19, Jan 2024
British comedy star Jimmy Carr is set to make his debut performance in India with his show ‘Terribly Funny’
India, 19th January 2024: If you like fast-paced, dry, and edgy one-liners then get set for the British comedic powerhouse, Jimmy Carr’s Terribly Funny Tour to India. Marking his debut performance in the country, Carr is set to entertain audiences in three major cities – New Delhi, Mumbai, and Bengaluru on January 19, 20, and 21, respectively. Reminding us that jokes are simply, well, just jokes, the comedian will be delivering brand-new material that tackles all kinds of terrible things in life that might have affected you or your peers. You can expect the show to be a laughter riot unleashing some of that borderline offensive humour with no room for political correctness. So, be the first ones to catch Jimmy Carr’s comedic brilliance live in action! Hurry up and book your tickets on Paytm and Paytm Insider.
The king of dark and hilarious deadpan, Jimmy Carr has earned acclaim for his cleverness and sharp wit, being able to make the audience laugh at topics some might describe as ‘off limits’. He started out at comedy clubs in 1997 and has carved out a successful career with a string of accolades to his name. Besides, he was the first UK comedian to sign a stand-up deal with the streaming giant Netflix in 2015, releasing three specials on the platform, ‘Funny Business’, ‘Best of Ultimate Gold Greatest Hits’ and ‘His Dark Material’ – the latter being Netflix’s most-watched stand-up comedy special in the UK that year. His stand-up triumphs include a British Comedy Award for Best Live Stand-Up, a Loaded LAFTA Award for Best Stand-Up, and a Perrier Award nomination. Beyond stand-up, Carr is also a household name in UK television having hosted a series of shows like ‘8 Out of 10 Cats’, ‘The Big Fat Quiz of the Year’, ‘Your Face Or Mine’, ‘Roast Battle’ and has his own Netflix panel show, ‘The Fix’.
Varun Khare, Business Head, Paytm Insider, said, “We’re thrilled to host Jimmy Carr for his debut performance in India. His comedic brilliance and sharp wit always shine through in any of his performances and his fans are eagerly awaiting an evening of non-stop laughter. His India tour is another highlight in our efforts to work with organisers to curate interesting local and international experiences.”
Jimmy’s fans are eagerly counting down the days to his performances in India with great excitement and it’s an experience you don’t want to miss! Tickets for the shows in Delhi and Mumbai are priced at Rs. 1499 onwards while the Bengaluru show starts from Rs. 2000. The Mumbai and Bengaluru shows are already being sold out while limited tickets are available for the Delhi one. Snag yours today!
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- By Rabindra
19, Jan 2024
Anant National University Opens Registrations for Anant Design Entrance and Proficiency Test
Ahmedabad, 19th January 2024: Anant National University announces the commencement of registrations for Anant Design Entrance and Proficiency Test (ADEPT), formerly recognised as the Design Entrance Test (DET). This design entrance test is set to be conducted online on 25th January 2024 at 6 pm. ADEPT offers a unique opportunity for aspiring students seeking admission to the Bachelor of Design program at Anant National University upon completing their Class XII education. The initial registration for Round 1 will be accepted until 20th January.
Prof. Bhaskar Bhatt, the Director of the School of Design at Anant National University said, “ADEPT goes beyond traditional assessments, rigorously evaluating a candidate’s critical skills. It encompasses a holistic approach, scrutinising both creative aptitude and the depth of awareness regarding societal and global dynamics. This innovative approach sets ADEPT apart, aligning with our vision to nurture not just proficient but also socially conscious and impactful designers in their endeavours.”
The one-hour-long ADEPT will be conducted in English, evaluating candidates on their design aptitude, creativity, problem-solving abilities, logical skills, and general awareness, placing particular emphasis on their motivation to drive positive change and contribute to a better world.
From the Bachelor of Design program to specialised master’s degrees, Anant National University provides a comprehensive education that equips students with the skills and knowledge needed for success in their chosen fields. With a holistic approach to learning, the university aims to produce visionary professionals equipped to tackle global challenges.
19, Jan 2024
Maestro Realtek Partners Up with The Laxmi Empire as its Strategic Partner
Pune, January, 2024:Maestro Realtek, an established strategic partner in the real estate sector, today announced its partnership with Pune’s reputed developer, The Laxmi Empire, and the launch of their flagship project, Codename Future PNQ. Located in Pune’s Alandi Mhatobachi and in close proximity to the Solapur highway, the premium villa plotted development is spread across an expansive area of 28 acres, with nearly 2.7 acres dedicated to the recreational lifestyle zone. Mohammed Azim, Vice President, of Rajasthan TENT Association, Anand Bhau Alkunte, Corporator of Hadapsar, Abhijeet Kadam, the promoter of the Laxmi Empire, and Nitin Gupta, Founder & Managing Director of Maestro Realtek were present at the launch.
With a capacity of 368 units, the project anticipates a robust sales volume of Rs. 130 crores by the end of this year. Developed with a singular goal to offer a hilltop view, each of the villas of Codename Future PNQ provide access to 45+ world-class amenities such as a club house, spa, library, swimming pool, pet care area, bonfire space, yoga zone, gazebo, meditation room, acupressure bath, banquet, clubhouse, amphitheatre, guest rooms, skating ring, lily pond, jogging track, indoor games area, badminton court, volleyball court, and basketball court among others.
Abhijeet Kadam, Promoter, The Laxmi Empire said, “The plot project offering luxurious amenities opens for bookings from 26th January 2024. Considering the increasing demand for the location basis the upcoming new airport at Purandar, we foresee a huge response from customers. The area is deemed to be the future economic corridor of Pune and hence will be an attractive investment proposition. It will be one of the most sought-after developments.”
Speaking on the partnership and launch of Codename Future PNQ, Mr. Nitin Gupta, Founder & Managing Director of Maestro Realtek said, “We are elated to have been onboarded as a strategic partner by The Laxmi Empire to launch Codename Future PNQ. This ambitious premium villa project is a residential marvel that is certain to transform the face of South East Pune. Using the right marketing campaigns and branding initiatives, we are aiming to elevate the presence and standing of Codename Future PNQ, as it rightly deserves, and help investors discover premium villa residences that remain unparalleled. It is both a pleasure and truly humbling to witness this project coming to life. This project is being developed at the new economic corridor of Pune which will be the future Pune in the coming years. We can assure you that this is the only Hillview luxury villa project in Pune at the most developing location of the city.”
Given the project’s connectivity with Pune’s Ring Road, which starts from Solu village at Alandi Markal Road, commuters will enjoy faster and more convenient travel to the Hadapsar-Saswad-Jejuri Road, Pune Solapur Highway, Mumbai-Pune Expressway, Pune Satara Road, and other local commercial districts like Magarpatta, Tarade, Peth, Kalewadi, Zendewadi, Vadki and Tarade.
The project also offers easy access to healthcare centres, education institutes, and business hubs, along with being surrounded by full-fledged retail and lifestyle establishments, and will have direct connectivity with the proposed Purandar airport, sited at a distance of 28 km, amounting to a commute of 40 minutes. The duo anticipates the commencement of the airport to furthermore drive the demand and growth for projects on the Ring Road, as well as across the city.
Maestro Realtek continues to be committed to delivering transformative real estate ventures that redefine industry standards. Their dedication to innovation, expertise, and strategic vision cements their position as the go-to strategic partner for significant real estate projects.
19, Jan 2024
Luminous Power Technologies Showcases its Innovative Energy Solutions at Smart Energy India Expo 2024
Luminous Power Technologies, India’s leading energy solutions company, has made a dynamic presence at the Smart Energy India Expo 2024 by showcasing its cutting-edge solar solutions at this significant event. With the widest array of solar products and solutions and end-to-end project management capabilities, Luminous aims to provide effective solutions that cater to the distinct needs of Residential, Commercial, and Industrial segments.
This three-day event serves as a crucial platform for connecting India’s fast-growing renewable energy sector. Luminous Power Technologies leveraged this opportunity to showcase their latest innovations in off-grid storage-based and grid-connected solar solutions. The products displayed in the solar inverter category were NXG, NXG PRO, Solarverter, Solarverter PRO, Solar NXE, and GTI NXI covering the capacity range from 500 VA to 10 KVA for off-grid storage-based solutions and 3KW to 110KW for a grid-connected solution. In the solar panel and solar battery categories products in the range of 40W to 550W and 40Ah to 200Ah respectively were showcased.
Commenting on the participation, Amit Shukla, Senior VP & Business Head, Energy Solutions, Luminous Power Technologies said, “Luminous recognizes India’s significant potential in the renewable energy market and has been at the forefront of product and service innovation to transform the landscape of sustainable energy storage. We are excited to participate in the Smart Energy India Expo 2024, as it serves as an excellent platform for exchanging pathbreaking ideas and technologies in the renewable energy sector, fostering collaborative efforts towards a more sustainable and environmentally conscious future. Our pioneering product range is a testament to our continuous commitment to innovation and this expo provides a fantastic opportunity for us to spotlight those advancements in the energy solutions space, offering smarter solar solutions to power homes and businesses.”
With over 35 years of expertise, Luminous has been creating innovative and technology-driven products, establishing itself as one of the most trusted and reliable brands in India. A pioneer in providing renewable energy solutions, the company is on a mission to deliver transformative solutions and aims to guide its consumers through every facet of their Solar Journey. As a company, Luminous is well-positioned to leverage the vast potential of solar energy. Its dedication to R&D and product innovation has led to the introduction of a range of products that are not only enhancing its competitive advantage but also contributing significantly to a more sustainable future. The upcoming launch of the new state-of-the-art PV Panel factory will also mark a pivotal milestone in Luminous’ journey in driving continuous evolution in sustainable energy space.
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19, Jan 2024
PhonePe drives over 65% growth for two-wheeler digital Insurance in India
Bengaluru 19th Jan 2024 : PhonePe today announced that it has contributed to over 65% growth for two-wheeler digital Insurance in India, over the last 2 years. In a shift indicative of the evolution of the Indian insurance industry and growing consumer trust, there has been a notable surge in the adoption of digital channels for purchasing insurance. The company has also facilitated over 75 million vehicle insurance quotes and 400 million quotes across insurance products.
PhonePe started offering Insurance on its platform in September 2021, and since then has sold over 9 million overall policies, with over 4 million being sold in the last year alone. The digital insurance market is growing at a CAGR of 24%, with a large part of this growth coming from PhonePe.
Having disrupted the market with motor insurance products, PhonePe recently introduced a unique monthly premium plan for health insurance – a first-of-its-kind initiative in the industry. This move is driven by two critical insights; The convenience of monthly payments, extending beyond credit card/EMI users to encompass everyone. This departure from lump-sum payments involves actual monthly payouts, thereby easing the financial burden for our users. It also empowers our users to opt for more extensive insurance coverage, due to enhanced affordability, without compromising on savings. Also, the transparency in selecting the appropriate coverage is reflected in the Average Transaction Size (ATS) with an increasing number of users opting for comprehensive protection.
Commenting on the milestone Vishal Gupta, CEO of PhonePe Insurance said, “PhonePe’s innovative approach and customer-centric solutions have played a pivotal role in reshaping the landscape of the digital insurance space. True to its ethos of positive disruption, PhonePe is revolutionizing the insurance buying experience in India. Our monthly premium plan for health insurance is another step in our commitment to providing innovative, customer-friendly solutions that truly address the needs of the modern Indian consumer. What sets PhonePe apart is its strategic partnerships with industry leaders, bringing deep expertise to co-create tailor-made offerings for its expanding customer base. These partnerships not only reflect the industry’s trust in PhonePe but also underline the efforts it has made in enhancing and simplifying customer journeys.’’
19, Jan 2024
The Monster Energy Honda Team soak up the pressure
Saudi Arabia, January 19, 2024: Ricky Brabec put in a blistering performance to take his first stage victory of the 2024 Dakar as the finish line draws closer.
With just three days of rallying remaining, there was going to be no let-up on stage ten with more challenges ahead. The day held a total riding distance of 609 km with a 371 km special that would include fast sandy plateaus, some off-piste sections which would really test their navigation skills, and just to throw in some extra confusion, there would still be tracks on the route from stage one and the prologue which could really disorientate them.
After taking the top three spots yesterday it meant that Adrien Van Beveren would be handed the not-so-easy task of opening stage ten followed by Ricky Brabec and Pablo Quintanilla. In what has proven to be a burden to not have any tracks to follow because so much time can be lost, Van Beveren and Brabec shared the duties after 100 km so that they could give themselves the time bonuses on offer today.
Brabec was completely unfazed by riding at the front as the laid-back American acquired over two minutes in bonuses and now has a cushion of nearly eleven minutes in the overall standings to Ross Branch.
Van Beveren found some of the navigation quite complex which caused him to get lost near the end of the stage. Regardless, he soldiered on to finish in third just 20 seconds behind Brabec as he also accrued a healthy four and half minute in bonuses which has seen him cut the deficit overall to second placed Branch. It’s ‘game on’ for the Frenchman who has excelled in this second week of rallying.
Participating in his ninth Dakar Rally, José Ignacio Cornejo has put in some great, consistent performances over the past twelve days and today was no exception. It was all about the number two for the Chilean as despite some small navigational errors he ended the stage in second, an astonishing two seconds behind Brabec, and is now two minutes and two seconds behind Van Beveren for that final podium position.
After getting caught out with the navigation, Pablo Quintanilla rode with Branch and Toby Price to the end of the stage playing it safe as a group to finish the day in eleventh.
The penultimate day looms on the horizon as the battle for the podium positions continue as they head east to Yanbu, across rugged terrain from AlUla where the Red Sea will greet the riders at the end of a draining 480 km special stage.
Ruben Faria (General Manager)
“Tomorrow is stage eleven and David Castera (Dakar Rally organiser) has said it’s going to be the most difficult stage so we need to take care. Ricky will open it with Nacho and Adrien just behind in support, but they are also fighting for the podium.”
Pablo Quintanilla 7 (Stage: 11th; Overall: 11th)
“We were expecting a not-so-difficult day but in the end it was pretty tough with a lot of rocky sections and hard navigation. The last part was not easy to navigate with some tricky notes between the rocks and valleys. It didn’t make much sense for me to push in these conditions when I didn’t feel so confident, it was a case of managing to get to the end safely.”
Ricky Brabec 9 (Stage: 1st; Overall: 1st)
“The day was good although the navigation wasn’t easy. In the first 50 km I was riding into the sun so that was difficult and then once I’d caught Adrien we rode together the whole way. We made some little mistakes here and there, but we came out in a good position for tomorrow and the last day. With two days left we have a little bit of a lead so let’s see what happens tomorrow.”
José Ignacio “Nacho” Cornejo 11 (Stage: 2nd; Overall: 4th)
“It was a tough stage as I woke up with a sore throat this morning. I just tried to push as much as I could without making any navigation mistakes, I made a couple of small ones but nothing major. The fight for the podium is tight so I’ll keep doing my best until the very end.”
Adrien Van Beveren 42 (Stage: 3rd; Overall: 3rd)
“I was expecting another fluid and fast stage but it was far from that. The navigation was tricky and difficult and I really tried to manage it and not get lost. At any rate, coming in first with Ricky after leading the way for so long is yet another solid performance. It’s starting to take a toll physically, and this could tip the scales, but we’ll see how it goes, there are still two days left and we need to stay focused.”
RallyGP Results – Stage 10
| Pos. | Rider | Num | Nation | Team | Constructor | Time/Gap |
| 1 | BRABEC RICKY | 9 | USA | Monster Energy Honda Team | Honda | 3:51:39 |
| 2 | CORNEJO JOSÉ IGNACIO “NACHO” | 11 | CHI | Monster Energy Honda Team | Honda | +0:02 |
| 3 | VAN BEVEREN ADRIEN | 42 | FRA | Monster Energy Honda Team | Honda | +0:20 |
| 4 | SANDERS DANIEL | 4 | AUS | Gas Gas Factory Team | Gas Gas | +0:47 |
| 5 | BENAVIDES LUCIANO | 77 | ARG | Husqvarna Factory Racing | Husqvarna | +2:33 |
| 6 | EVAN BRANCH ROSS | 16 | BWA | Hero Motorsports Team Rally | Hero | +3:45 |
| 7 | BENAVIDES KEVIN | 1 | ARG | Red Bull KTM Rally Factory Team | KTM | +4:31 |
| 8 | PRICE TOBY | 18 | AUS | Red Bull KTM Rally Factory Team | KTM | +6:48 |
| 9 | GONÇALVES RUI | 19 | POR | Sherco TVS Rally Factory | Sherco | +8:02 |
| 10 | MICHEK MARTIN | 10 | CZE | Orion Moto Racing Group | KTM | +9:10 |
| 11 | QUINTANILLA PABLO | 7 | CHI | Monster Energy Honda Team | Honda | 9.56 |
RallyGP Provisional Standings after Stage 10
| Pos. | Rider | Num | Nation | Team | Constructor | Time/Gap |
| 1 | BRABEC RICKY | 9 | USA | Monster Energy Honda Team | Honda | 44:45:28 |
| 2 | EVAN BRANCH ROSS | 16 | BWA | Hero Motorsports Team Rally | Hero | 10.54 |
| 3 | VAN BEVEREN ADRIEN | 42 | FRA | Monster Energy Honda Team | Honda | +11:46 |
| 4 | CORNEJO JOSÉ IGNACIO “NACHO” | 11 | CHI | Monster Energy Honda Team | Honda | +13:48 |
| 5 | BENAVIDES KEVIN | 1 | ARG | Red Bull KTM Rally Factory Team | KTM | +32:43 |
| 6 | PRICE TOBY | 18 | AUS | Red Bull KTM Rally Factory Team | KTM | +42:00 |
| 7 | BENAVIDES LUCIANO | 77 | ARG | Husqvarna Factory Racing | Husqvarna | +51:42 |
| 8 | SANDERS DANIEL | 4 | AUS | Gas Gas Factory Team | Gas Gas | +01:00:34 |
| 9 | SVITKO STEFAN | 142 | SLO | Slovnaft Rally Team | KTM | +01:39:03 |
| 10 | MICHEK MARTIN | 10 | CZE | Orion Moto Racing Group | KTM | +02:29:45 |
| 11 | QUINTANILLA PABLO | 7 | CHI | Monster Energy Honda Team | Honda | +05:02:41 |
19, Jan 2024
Shradhanjali 2024: A Soulful Homage to Smt. Annapurna Devi Ji and Pandit Birju Maharaj Ji’s Enduring Legacy
New Delhi, January 19, 2024: Shradhanjali, an annual tradition by Birju Maharaj Parampara, served as a heartfelt tribute to the illustrious lives of Smt. Annapurna Devi Ji and Pandit Birju Maharaj Ji at India Habitat Centre in Delhi. Their enduring influence continued to shape the world of classical art, exemplifying values that resonated through their children and grandchildren.
As the death anniversary of Ammaji was commemorated, this year’s Shradhanjali promised an unforgettable experience. The event kicked off on the 18th with a mesmerizing performance by Shri Tribhuwan Maharaj, followed by a soul-stirring vocal presentation by Sushri Vidhi Sharma and a tabla recital by the renowned Pt. Yogesh Samsi.
The feeling each time was special because they were not just our parents; they were also our teachers, who had taught us not just our art but also our way of life. A legacy is something that a person leaves behind to be remembered by, and looking around that day, it was clear that the legacy of both Amma and Babu was undeniable. We will forever strive to build on that legacy further and take it to new heights. It was bowed heads as we honored their lives that day and forever.
In keeping with tradition, the Parampara proudly announced the annual scholarship awarded in the name of Smt. Annapoorna Devi Ji. This year’s deserving recipient was Trisha Gulati, a testament to our commitment to nurturing and supporting emerging talent.
The event was gracefully anchored by Smt. Sadhana Srivastav Ji, ensuring a seamless and immersive experience for the audience.
Attendees joined us on the 18th for Shradhanjali, a celebration of art, heritage, and a tribute to the immortal souls who continue to inspire us.
Details for the 19th January 2024 were announced at the end of the 18th January event, featuring performances by Pt. Jaikishan Maharaj Ji, Ratesh and Rajnish Mishra, Pt. Vishwamohan Bhatt Ji, and Salil Bhatt Ji in a Jugalbandi of Veena Vaadan.
19, Jan 2024
BKC’s one and only Amazonia turns one! Promises Two Days of Unforgettable Fun and Flavor
Mumbai, 19th January 2024: Save the Date for a Spectacular Celebration! Amazonia, renowned for its enchanting rainforest theme, mouth-watering multi-cuisine delights, and the city’s most loved party place, celebrates its 1st anniversary with a two-day extravaganza unlike any other. Get ready for electrifying live music on 19th January, where you can dance and let loose. Then, on the 20th, Into The Wild bar nights get enchanting with a themed anniversary bash featuring killer cocktails, epic music, and unforgettable vibes!
Prasuk Jain, Founder and Managing Director of Amazonia BKC said “Our mission was to craft a space that transcends ordinary dining and transports guests to the heart of the Amazon. We are thrilled to see the positive response that Amazonia has garnered since its launch. We strive to create superior dining experiences for every visitor. I would like to thank all our patrons for making us one of the preferred F&B destinations of the city.”
Step inside and you will be whisked away to a lush rainforest oasis that exudes an aura of extreme glamour and tropical vibes. The “shrubbery chic” decor adorned with exotic flora and gargantuan animals as centerpieces and section dividers will leave you breathless, while the most delicious and innovative cuisine will tantalize your taste buds. The lively atmosphere is infectious and will have you coming back for more.
The culinary team at Amazonia brings sheer delight to the guests with their mastery of crafting delectable dishes that appeal to all age groups. From Japanese and Korean to Thai and Italian, the menu boasts a variety of delicious and approachable options, including salads, grills, sushi, bites, fish, and meat, ensuring even the pickiest of appetites are satisfied.
In just one year, Amazonia has carved a niche in the heart of Mumbai, offering a welcome respite from the urban cacophony. As Amazonia marks its first anniversary, raise a toast to many more years of tranquil escapes, vibrant flavours, and unforgettable experiences.
19, Jan 2024
Kankanala Sports Group Launches INDE Racing, India’s First Global Independent Motorsport Team
19th January 2024,– Following the announcement of Kankanala Sports Group (KSG) signing an exclusive nine-year partnership with FIM E-Explorer to oversee races in India, KSG is excited to announce INDE Racing as a new team for the 2024 FIM E-Xplorer season.
This announcement marks India’s first FIM-licensed team in history which also means that it is the first Indian team to compete in any officially-sanctioned international competition.
INDE Racing is set to participate in every round of Season 2, spanning from February to November, traversing the challenging tracks in Japan, Norway, France, Switzerland, and culminating in a triumphant homecoming to India.
Abhishek Reddy Kankanala, the founder of Kankanala Sports Group and INDE Racing, said: “Despite the growing interest in motorsports in India, we have always missed a competitive independent team to cheer for. With the launch of INDE Racing, we aim to break new grounds in Indian motorsports, not only on the racetrack but also in promoting sustainability, gender equality, and the spirit of innovation.”
“By establishing India’s first global motorsports team, we want to inspire a new generation of Indian riders and showcase the nation’s prowess in the world of racing.”
INDE Racing’s resolute pursuit of victory is evident in its meticulously assembled team, celebrating the very best of both Indian and international talents.
The team’s lineup will feature Indian trailblazer, Aishwarya Pissay, Asia’s first female athlete to win a world championship in 2-wheel motorsport. Pissay is poised to represent her homeland across the globe and challenge for another World Title.
“It’s truly exciting to be part of India’s first FIM-licensed team in history. Being able to be part of a project aiming to represent all Indians worldwide and make them proud is a unique opportunity”, said Aishwarya Pissay.
Accompanying her are two seasoned international riders, including Canadian rider Spenser Wilton and Spanish rider Sandra Gomez, the reigning champion of the FIM E-Xplorer World Cup.
“Winning last season was fantastic and now taking on the opportunity to potentially repeat that with this new team in the competition is exciting. Also, I’m thrilled to be part of a project and a team championing gender equality in India and that is also trying to grow motorsports in a country with unparalleled potential”, punctuated Sandra Gomez.
Nevertheless, the team is still looking for a competitive Indian male rider to complete a roster aimed to raise India to the top.
Carina Munte, FIM E-Xplorer Co-Founder, added: “We are thrilled to welcome INDE Racing to our Championship in 2024. Having a pioneering motorsport team from India onboard spotlights how E-Xplorer is pushing boundaries across the globe. Their presence promises to be a significant driver of enthusiasm for a strong Indian fanbase and will act as a catalyst for the promotion of e-mobility and electric motorsport worldwide.”
To master the demanding courses and elevate their performance, INDE Racing has collaborated with KTM34 garage, situated in Europe’s largest moto complex in Mauguio’s Motopark in France. This partnership ensures that the team’s bikes are professionally tuned, delivering the maximum performance capability.
As INDE Racing prepares to join the global racing scene, it stands as a testament to India’s rising prominence in the world of sports.
19, Jan 2024
Satin Creditcare Awarded Gold in Client Protection Certification
India, January 19, 2024: Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, has been awarded the prestigious Gold level in Client Protection Certification by the global rating agency MicroFinanza. This accreditation, in accordance with the new Client Protection Certification Framework promoted by SPTF and CERISE, comes after a thorough review of the company meeting the most rigorous standards of client protection found in the universal standards for Social Performance Management through its offering of responsible credit.
As a responsible corporate entity, SCNL has consistently undertaken conscious efforts to uphold fair practices, adhering to globally accepted standards, and functioning as an accountable lender to those at the bottom of the pyramid, thereby underscoring its testament to this recognition.
This certification thoroughly evaluates institutions across a varied spectrum of parameters including appropriate product design and delivery, prevention of over-indebtedness, transparency, responsible pricing, fair and respectful treatment of clients, privacy of client data, mechanisms for complaint resolution and governance and HR to determine the degree of client protection practices followed across the loan cycle.
Commenting on the certification, Mr. HP Singh, CMD of Satin Creditcare Network Limited, said, “Receiving the highest level of recognition in our first attempt without the need for any adjustment phase fills us with immense pride and satisfaction. Our business model is rooted in an unwavering commitment to the principles of client protection, where integrity, transparency, and fairness are all thoroughly crafted to center around our processes and services. This independent validation not only bolsters our credibility but also serves as evidence of our dedication to excellence from the outset and adherence to the best practices in microfinance. I confidently affirm our pledge to continue the journey of maintaining these high standards in all facets of our operations.”
