16, Dec 2023
Romeo Lane spreading Its Charm to the Heart and Soul of the City of Love, Dehradun, with the Grand Opening of its 9th Outlet
Dehradun, December 2023– In the heart of Dehradun, the city of love, Romeo Lane, a culinary haven where nature seamlessly meets indulgence and synonymous with organic living, celebrated its grand opening as the 9th enchanting addition to the city’s cultural mosaic on 13th December 2023. This marks a new era in the city’s gastronomic scene as Romeo Lane stands as a masterpiece, pledging to bring an unparalleled fusion of nature-inspired aesthetics and a tranquil atmosphere to the local community. This momentous occasion signifies a significant milestone in the brand’s commitment to holistic living.
Brainchild of Saurabh Luthra, the visionary behind Romeo Lane, Birch By Romeo Lane & Mama’s Buoi, this restaurant seamlessly intertwines sustainability and taste. The brand promises to make guests immerse themselves in an environment meticulously designed to radiate positive vibes, creating unforgettable evenings for patrons seeking a comprehensive and mindful dining experience.
Romeo Lane Dehradun is a symphony of taste and sustainability, poised to redefine the city’s nightlife scene. The cocktails, crafted with organic precision, embrace the freshest local ingredients, supporting an eco-conscious ethos. The menu, a masterpiece of seasonal flavors, artfully blends farm-to-table freshness with succulent mains, leaving patrons craving for more. Curated by the brand’s innovative chefs, the menu delightfully balances traditional and contemporary dishes.
The bar, a haven of innovation, is set to elevate Dehradun’s nightlife with signature drinks blending imaginative combinations, house-made infusions, and premium spirits—all curated by skilled mixologists, promising an unparalleled mixology experience. Global Fusion at Romeo Lane Dehradun offers a sensory journey, creatively fusing global flavors and setting a new standard for nightlife indulgence in the city.
Romeo Lane as a brand approach, emphasizes the use of seasonal and locally sourced ingredients, appealing to those who prioritize fresh and responsibly sourced food. Ascend to the rooftop for a panoramic view of the hills, offering more than just a visual feast. This vibrant space caters to music enthusiasts and food lovers, featuring an intimate setting with dim lights and a cozy ambience, setting the stage for unforgettable evenings.
Commenting on the philosophy behind Romeo Lane, Saurabh Luthra, Chairman – Romeo Lane, Birch By Romeo Lane & Mama’s Buoi, shared, “As we continue to grow, Romeo Lane is becoming an integral part of the culinary landscape, not just in Dehradun also in Mussoorie, spreading the wings across the region. Our commitment extends beyond offering delectable dishes; we are on a mission to redefine and enhance the gastronomic experience on a broader scale. With each new endeavor, we deepen our roots in the region, offering patrons an immersive journey into nature-inspired dining, making Romeo Lane synonymous with culinary excellence and immersive indulgence”.
Mr. Aneesh Virmani, Franchise Owner, Romeo Lane Dehradun adds, “ The ambience at Romeo Lane is carefully curated to evoke warmth and luxury, making it a space where patrons can create lasting memories. With the launch of Romeo Lane in Dehradun, we aim to seamlessly blend nature-inspired aesthetics with serenity, offering an unforgettable experience.”
Romeo Lane gracefully weaves nature into its ambience, where natural elements and an earthy vibe blend within, crafting a refreshing and serene space. Inviting spaces, featuring warm lighting, lush greenery, and tasteful design elements, create a memorable and sophisticated ambience.
From vintage speakeasy-style bar to modern industrial designs, each corner beckons, inviting patrons for more than just delightful cocktails and food. Emphasizing intimacy and sophistication, the brand delivers exceptional service, where knowledgeable and friendly staff offer personalized recommendations and graciously accommodate special requests.”
Elevate your expectations as Romeo Lane unveils its latest haven in the heart of Dehradun. Here, the fusion of organic living and aesthetic charm welcomes you into a space where wellness harmonizes with nature.
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- By Rabindra
16, Dec 2023
NatureLand Organics Aims To Reduce Carbon Footprint With New Innovative Recyclable Packaging
NatureLand Organics has introduced innovative and revolutionary recyclable food packaging. The convenient packaging is a stand-up pouch with transparent window and zip-lock which ensures the ingredients remain fresh for a longer time. It is both convenient and would promote the idea of sustainability in the market, which is the need of the hour, internationally.
The 100% vegan food is preserved in the special packaging crafted from some of the top quality recyclable materials, to ensure that the content is not contaminated in any form. The added feature of a transparent window allows the customers to have a look at NatureLand’s high-quality ingredients inside and assess the same.
The zip lock mechanism is aimed at preserving the quality and freshness of the gluten and additives-free food items for a longer period of time. The packaging will be duly marked with the On-Pack Recycling Label (OPRL) with a Mobius Loop that denotes that the used pack can be recycled. These pouches are a testament to the company’s dedication to reducing its environmental footprint while delivering superior quality products to its valued customers.
“At NatureLand Organics, we believe in giving back to nature and community and we have harmonized our aim with our practices”, said Ajeet Godara, Co-founder of NatureLand Organics. “The introduction of these packaging is a testament to our commitment towards a better future and sustainable living. It is a reflection of what the whole idea behind organic food and living is”, he further added.
The change in packaging and introduction of environment-friendly pouches showcases NatureLand Organic’s commitment to the environment and also aligns with the company’s overarching mission to promote eco-consciousness. The company aims to reduce its overall carbon footprint and also to contribute towards the preservation of the planet with the introduction of these packages.
Consumers of the company’s products can now avail the same high-quality ingredients and premium-quality food articles in these sustainable, eco-friendly stand-up pouches.
16, Dec 2023
TIPS Industries onboards Kiran Dcruz as Senior Vice President for Brands and Partnerships
Bengaluru, 16 December 2023: TIPS Industries Ltd. (TIPS), a leading player in the music and entertainment industry, today announced the appointment of Mr. Kiran Dcruz as Senior Vice President for Brands and Partnerships. In his new role, Kiran will lead the strategy for the TIPS Music brand and build collaborative partnership between brands, artistes and music.
With over two decades across various Sales and Business Head roles in the TV, Radio and Music industry, Kiran Dcruz will bring his deep understanding of the entertainment sector to his new role. His expertise in strategy, music licensing, content creation and team management aligns seamlessly with TIPS Industries’ commitment to innovation and growth. Prior to joining TIPS Industries, Kiran served as Head – Brand Partnerships at Sony Entertainment Talent Ventures, where he played a pivotal role in setting up India’s first Metaverse consulting company for Brands and Talent.
Chairman and Managing Director, Mr. Kumar Taurani said, “We welcome Kiran to Tips Industries. We leverage his extensive experience to drive strategic brand initiatives and expand the company’s footprint in the evolving entertainment and media landscape. This is in line with our commitment of delivering 30% growth to our investors”
Mr Hari Nair, C.E.O, TIPS Industries mentions “Kiran is an experienced creative professional who has a proven track record in ideating and creating great partnerships between music, artists and brands. His expertise aligns very well with our objectives of opening up new revenue streams for Tips. I wish him the best”
Mr. Kiran Dcruz, Senior Vice President – Brands and Partnerships, TIPS Industries said, “I’m delighted to become a part of TIPS Industries, a goldmine of music content. Tip’s music is working wonders now & its perfect time to re[1]imagine opportunities, create music experiences through strategic brand partnerships. I look forward to contribute to the revenues & growth of our company”
Kiran has previously worked with brands like MTV, Fever, Red FM, Radio One and Sony Music Entertainment, handling multiple roles . At Sony Music Entertainment, he was the Director – Brand Partnerships & Music Licensing for eight years and was instrumental in setting up the Brand vertical. This was followed by his role as Head – Brand Partnerships at Sony Entertainment Talent Ventures prior to joining TIPS Industries.
16, Dec 2023
Strategic Digital Evolution: Google India and Primus Partners Spearhead conversation on Responsible AI and its applicability
Bengaluru, December 16, 2023: AI has become an increasingly important part of various discourses across different fields and in this context, Google, one of the largest global technology players and one of the leading innovators in the AI space, and Primus Partners, an India management consulting firm brought together 20 thought leaders from various disciplines for an interactive roundtable on “Responsible AI for Online ads” on 14 December, in Chennai. The discussion was helmed by key government representatives including Consumer Affairs Secretary Mr. Rohit Kumar Singh, and Former Law Secretary, Mr. P.K. Malhotra. The deliberation also saw the participation of lawyers and academicians including from the prestigious IIT Madras, Ashoka University, Trilegal, Samvad Partners, and Cyril Amarchand. Senior Retd. Judges, Former LEAs, Senior Advocates from Madras High Court, and representatives from Startup Tamil Nadu were also present. The diverse group of thought leaders held a detailed discussion on Responsible AI, with a focus on opportunities and challenges for India in the emergence of Artificial Intelligence and discussing possible approaches towards building the right model and unlocking India’s digital innovation.
Bringing in the government perspective, Mr. Rohit Kumar Singh, Secretary at the Ministry of Consumer Affairs spoke about the use of responsible AI from a consumption economy standpoint. He said, “We have to be agile in our approach. Self-regulation as seen in some other emerging sectors, is a way, with reasonable and responsible measures. A balance of regulation and innovation has to be a norm. Also, consumers have to be at the centre stage of the AI ecosystem.”
Vidhya Srinivasan, VP/GM at Google, was also present at the event, quoted shedding light on the current scenario, “We’ve long been using advances in Google Ads, like predictive AI, to help businesses reach consumers at the right time. What’s really exciting about new generative AI capabilities is that advertisers can use AI in a more tangible way to supplement campaign creation and idea generation, while remaining in the driver’s seat. While I’m optimistic about all this and the future, we are taking a thoughtful and responsible approach to how our ads products evolve with AI.”
Mr. Prem Kumar Malhotra, Former Law Secretary, presented his view on the discussion topic by stating, “If we look at the securities market, which is heavily regulated, many of the innovations in the space could not take flight. Something as nascent and evolving as AI, needs to have a self-regulatory start, before transitioning to a necessary regulation path. Its responsible application in sectors like online ads creates an important focus point for both consumers and tech innovators.”
Mr. Nilaya Varma, CEO and Co-founder of Primus Partners conveyed “AI has the potential to reshape the advertising industry while generating positives for the economy such as the creation of jobs, economic development, etc. The untapped potential of leveraging AI in online marketing requires to be unlocked, responsibly, which can further foster an environment for innovation and development in the country. This might initially require the regulatory authorities to create a framework, however, gradually evolving the framework with time and the needs of the industry, can help optimize the targeted outcomes. To carefully capture the potential of generative AI; Industry and the Government will be required to adopt a collaborative approach. The Indian government has been highly optimistic regarding the use of AI in processes and continues to support the digital landscape and related industries to sustain in the country. While innovation and service-providing capabilities can be captured from industries, a more industry-friendly framework focusing on sustainability will be expected from the government to foster innovation and leverage new technologies in India.”
With the growing understanding and complexity of buying patterns, AI is poised to become an integral part of the advertising segment. AI is now penetrating the said sector through various user interfaces like Google ad search engines and many more. The use of AI is intended to provide a better creative landscape for marketers to start their planning and strategy phases effectively, further moulding the generative AI response as per the needs of their campaign. The outlook of the use of AI is to provide marketers with basic auto-generated elements for their promotional campaigns with a background study of the targeted consumer’s buying behavior/pattern over a specific time.
16, Dec 2023
LG celebrates 50 Years of Korea-India diplomatic relations at “Rang De Korea” event
Bengaluru, 16 December, 2023 — In a momentous celebration of cultural diversity and unity, LG Electronics proudly participated in the “Rang De Korea” event, held at Ansal Plaza Mall in New Delhi, to commemorate the 50th anniversary of Korea-India diplomatic relations. The event was organized in collaboration with the Korea Cultural Centre (KCC) and witnessed a historic gathering of companies and dignitaries from both nations.
The gala event took place on December 10, 2023, at Ansal Plaza Mall, Hudco Place, Andrews Ganj, New Delhi. The occasion saw the participation of prominent companies such as Kia Motors, Dalgrak, Amorepacific (Innisfree, Etude, Sulwhasoo, Laneige), Orion, Atomi, Hyundai Motors, LG Electronics, Koindotrading (Korikart), SAZAXA(후스구스), and CJ, totaling 10 key contributors to the vibrant cultural exchange.
At the event, Ambassador Chang Jae-bok and Shri Saurabh Kumar, Secretary (East) at the Ministry of External Affairs, graced the occasion as distinguished guests. Their presence underscored the profound significance of the bilateral relations between the two nations.
Commenting on the same, Jae Hyung Jun-Head Corporate Marketing said, “At LG, our unwavering commitment to the Indian market drives us to deliver superior products. Extending our LIFE’S GOOD brand philosophy we participated in vibrant “RANG DE KOREA” festival. The festival was a unique platform to showcase our latest offerings, bringing customers first-hand experiences. On this historic occasion, we reaffirm our dedication to fostering connections, promoting cultural exchange, and contributing to the enduring friendship between Korea and India.”
The event showcased the rich cultural heritage of both Korea and India through various performances, featuring the Korean traditional art performer “J I Art Troupe” and the mesmerizing LED art performer “Gwangtal.” Additionally, the All India K-POP contest 2023 winner from the vocal category, 1st runner up from the dance category and K-POP girl group X also graced the stage with their talent.
With a footfall of over 4,000 attendees, “Rang De Korea” served as a platform for fostering greater understanding and appreciation of the deep-rooted connections between Korea and India.
LG Electronics, a key participant in this celebration, reaffirms its commitment to promoting cultural exchange and strengthening the bonds between Korea and India. The company extends its gratitude to all the participants, guests, and attendees who contributed to making the event a resounding success. Earlier this year company organised KPOP contest in association with KCC, more than 11,000 people participated in this contest.
16, Dec 2023
The “Kishori Utkarsh Pahel” success continues in Ankleshwar Block of Bharuch District
National, 16th December 2023: Kishori Utkarsh Pahel is an adolescent girls health awareness and leadership-building initiative of Bharuch District Administration, supported by DCM Shriram Foundation and implemented by BharatCares (by SMEC Trust). This collaborative project is also supported by ICDS and the District Women and Child Development Department, Bharuch, District Primary, Secondary, and Higher Secondary Education Department, Bharuch, and District Health Department, Bharuch.
The initiative is a catalytic approach structured as an aspiration-building program among adolescent girls, both school-going and non-school-going. It focuses on the overall empowerment of adolescent girls residing in villages who are deprived of further quality education and exposure. The first phase completed intensive training of over 4000 Kishoris from 122 villages of Jhagadia block of Bharuch district and well-groomed Village Jagrut Kishoris are engaged into village level developmental programs.
This collaborative program recently achieved another remarkable milestone as the implementing partner BharatCares has completed outreach of Kishori Utkarsh Pahel (KUP) reaching out to 6,704 kishori (adolescent girls) aged 10 – 19. Out of the total Kishoris, 5359 are school-going and 1345 are non-school-going from the 59 villages of Ankleshwar block. Total of 69 government primary school teachers are trained as Master Trainers, across 74 schools who will impart training at the school level.
The training covers six different modules namely, adolescent health, menstrual hygiene management, nutrition, knowledge and convergence of government schemes and programs, legal protection and rights of adolescent girls, and leadership development. It also provides in-house training, exposure visits, and capacity-building programs. With a yearning to provide the best for the kishori, the team incorporated two more topics into the modules – financial literacy and the importance of millet in daily diet.
For those who are unable to attend the sessions during school timing, a special session is planned considering their convenience. Moreover, another key achievement is, all non-school-going girls will be re-enrolled under GSOS (Gujarat State Open School).
On completion of in-depth training, Kishoris will undergo micro and macro assessments and the best-performing kishori from each village will be recognized as the Gram Jagrut Kishori who will further participate into exposure visits and intensive trainings so that they can come out as a leader and contribute in village level developmental initiatives.
16, Dec 2023
The Around.Us Application Elevates Travel Experiences with an Innovative Approach to Exploration
The Around.Us application streamlines user searches through an interactive map, showcasing the top 10 points of interest near their location worldwide. To explore these popular places, various options are available, such as geolocation, searching by location, or using keywords. Whether navigating a city, neighborhood, or street, Around.Us provides a list of the 10 nearest major points of interest, focusing on the essentials.
“This idea occurred to me during a stay in Carnac, in Brittany. I wanted to show my children a dolmen. By typing that word into Google, I got 15 creperies as results. As for Google Maps, it did provide me with a list of megalithic tombs, but it was impossible to know which one was the most interesting,” explains the creator of the application, Jean-François Pillou, also the founder of the website CommentCaMarche and the director of CCM Benchmark, Journal Du Net, and Linternaute (Figaro Group). He aims to offer new perspectives and ease of discovery to all travelers looking beyond the ordinary.
Uncovering hidden treasure
Beyond the must-see attractions, the application reveals a multitude of lesser-known monuments and sites. With its 16,000 filters, everyone can embark on discovering local heritage, natural sites, or forgotten monuments: from fountains to train stations, museums to haunted houses, suspension bridges to remarkable trees, and public gardens. Curious explorers around the world can enjoy locating these attractions. Around.Us references over 12 million selected sites, selected and ranked according to their popularity on a scale of 1 to 5 flames. This ensures visitors don’t miss major sites and also sparks interest in more secretive locations.
The enriched content of the application allows users to use it as a genuine travel guide. When a user clicks on the bubble or the frame of the place of interest, they discover a detailed sheet with its history, anecdotes, practical information, exact location, and a link to the website. Synthesized through an algorithm, the information is updated daily.
Enhancing the Journey for Indian Users
The creation of Around.Us was fueled by a desire to enhance the travel experience for adventurous travelers, setting it apart from traditional map applications such as Google Maps and Apple Maps. The application concentrates on the top 10 points of interest useful from a tourist perspective, providing a curated list that enriches travel experiences in a particular location.
India has emerged as a key user base, contributing to almost 150,000 out of the ever-growing 750,000 downloads. Currently, the number of daily users from India ranges between 3000 and 5000 users, accounting for around 20% of the 15-25K daily users globally.
Strong engagement has been seen from cities such as Patna, Lucknow, Indore, Nagpur, Ahmedabad, Jaipur, Agra, Hyderabad, Kochi, and Guwahati which are home to lesser-known monuments and sights with historical and cultural significance.
Expanding the Horizon
The application now features an impressive 12 million points of interest, including panoramic viewpoints, making virtually every city in India navigable through the Around.Us application. There are currently 97,000 tourist points of interest in India, including 27,000 geographical locations and 2,700 areas with heritage designations (World Heritage Sites, Monuments of National Importance, State Protected Monuments).
Community-Driven Curation
The curation process for the Around.Us application involves a proprietary algorithm, and in the future, the application plans to leverage its user community to further enrich the database with new locations, data, visuals, and videos. This community-driven approach ensures the application’s continuous improvement in utility and accuracy while continuously engaging the travellers it caters to.
Around.Us in numbers:
Available in 8 languages
Downloaded over 750,000 times since its launch in June
12 million monuments listed
Between 10,000 and 20,000 simultaneous users
250,000 requests per day
200,000 unique visitors in September 2023
16,000 keywords
16, Dec 2023
Chola Finance continues its dedication towards “Swaccha Odisha Gram Vikas Scheme in Odisha”
India, 16th December 2023: Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, reiterates its commitment towards environmentally sustainable energy for remote areas of Cuttack District. Even today the rural community in Odisha continues to face challenges like lack of access to basic infrastructure and services such as safe water and sanitation. Through its CSR project ‘Swaccha Odisha Gram Vikas phase VI’, Chola has provided to build individual household toilets connected by overhead water tanks. Additionally, solar panels will be installed to dig borewells, and supply electricity to each house.
Odisha with its rich cultural heritage and steady rise in literacy rate, grapples with inadequate access to clean water, insufficient sanitation facilities, health and education. Chola Finance is committed to provide better infrastructure facilities for health and sanitation and create awareness in remote areas on safe drinking water, sanitation and health.
For the FY2023-24, the ‘Swaccha Odisha Gram Vikas phase VI’ project will be implemented in Ekdal, Harijan Sahi and Bhaliadihi villages in Cuttack district of Odisha catering over to 500+ villagers. This mission will provide healthy living and create a sustainable environment for the people.
In order to mitigate continuous power cut in the region, the solar panels will be installed in the respective villages to provide uninterrupted electricity. This will help the people to run their water motors without any electricity issues. The power cables will be directly connected to the installed solar panels which will be helpful to reduce energy consumption and promote the use of clean energy.
In addition, there will be a series of awareness sessions conducted on safety hygiene, sanitization, healthy toilet practices to provide sustainable livelihood and training on minimal repair and maintenance of the solar units for smooth operation of the water supply line.
Mr. Ravindra Kundu, Executive Director of Cholamandalam Investment and Finance Company Limited highlighted the significance of this initiative, stating, “Chola Finance is focussed towards helping India achieve its Sustainable development Goals. As a part of nation building, we are thrilled to reiterate our commitment towards sustainable energy, taking strides towards a cleaner, greener future. By embracing renewable resources and cutting-edge technologies, we aim to drive positive change and inspire others to join us on this impactful journey. This mission will benefit the people of Ektal, Harijan Sahi and Bhaliadihi villages in Cuttack with better infrastructure for clean and healthy sanitation facilities. This is our sixth phase of the initiatives carried out in Odisha. We are looking forward to the impact we will bring through our continuous work in Odisha and aim to contribute towards cleaner and greener environment”
16, Dec 2023
2023 National Special Olympics Bharat Speed & Figure Skating Championship Concludes at Iskate by Roseate
Gurugram,16 th December 2023: The 2023 National Special Olympics Bharat Speed and Figure Skating Championship successfully concluded today at ISKATE – India’s largest indoor ice skating rink located in Ambience Mall, Gurugram. The event was graced by the presence of Ms. Mallika Nadda, Chairperson, Special Olympics Bharat who felicitated and motivated the athletes. Esteemed dignitaries including Shri Jai Parkash Dalal, Minister of Agriculture and Farmers Welfare – Haryana, Shri Om Prakash Yadav, Minister of State Social Justice & Empowerment – Haryana, Shri Om Prakash Dhankar, National Secretary BJP, Shri Nayab Singh Saini, State President, BJP Haryana also attended the event.
More than 50 intellectually disabled athletes from Special Olympics Bharat, representing eight states across India, participated in this prestigious event. The competition featured two disciplines, speed skating and figure skating, with participant athletes in the age group of 15-30 years. During the championship, participants were selected for the upcoming Special Olympics World Winter Games slated for 2025 in Turin, Italy.
Commenting on the championship, Ms. Mallika Nadda, Chairperson, Special Olympics Bharat, shared, “As we strive to offer the best training facilities at Special Olympics Bharat, the presence of ISKATE, a state-of-the-art ice skating rink, is a true asset. Beyond being a hub for ice skating enthusiasts, it exemplifies a dedication to fostering winter sports in our nation. Events like these are key to discovering talents and inspiring children, particularly those with special needs. Wishing these children all the best in their upcoming pursuits.”
Commenting on the same, Mr. Karan Rai, Business Head, ISKATE by Roseate, said, “As part of our CSR initiative, ISKATE takes pride in offering training sessions to figure and speed skating athletes affiliated with Special Olympics Bharat, promoting inclusivity and a shared passion for the sport. Wishing the athletes all the success, ISKATE continues to extend its unwavering support to them, a dedication that has persisted for more than a decade.”
ISKATE, the only sporting venue in India to host All India National Figure and Speed Skating Championships since a decade has been committed towards developing winter sports like Figure Skating, Speed Skating and Ice Hockey in India. At ISKATE School, athletes can not only compete at a world class indoor ice skating facility throughout the year, but also gain knowledge, training and expertise from accomplished Indian and international coaches during training camps and championships conducted regularly.
16, Dec 2023
IRB Infrastructure Trust (Private InvIT) – emerges as the preferred Bidder for NHAI’s TOT-13 Concession in the States of Rajasthan and Madhya Pradesh
New Delhi, December 16, 2023: IRB Infrastructure Trust (an Associate of IRB Infrastructure Developers Limited), has emerged as the preferred bidder for the TOT-13 concession announced by the National Highways Authority of India (NHAI), Viz. Tolling, Operation, Maintenance, and Transfer of Kota Bypass and Cable Stay Bridge on NH-76 (New NH-27) in the state of Rajasthan and Gwalior-Jhansi section in the State of Madhya Pradesh and Uttar Pradesh respectively.
The 110.28 Kms (~441 Lane Kms) long project is under Toll-Operate-Transfer (TOT) model and involves upfront consideration of Rs. 1,683 Crs to be paid to the NHAI after achieving financial closure to secure tolling rights for 20 Years (revenue linked Concession Period), within stipulated timeframe.
Commenting on the development, Mr. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd., said, “This is second consecutive TOT win for us in a span of just a month and half, which is another testament of our strengths. This has strengthened IRB Infra’s leading position further in TOT space, which involves upfront payment of ~Rs 22,000cr to the government across 4 projects and expands our total asset base to ~Rs 77,000 Crs.” He added, “We express our sincere gratitude towards all authorities and stakeholders for their continued high trust and confidence in IRB. We would leave no stone unturned to achieve operational excellence to ensure the world class travel experience to the users.”
After the project getting awarded, the Company’s aggregate Order Book will reach approx. Rs. 37,500 Crs including TOT 12 and TOT 13.
