23, Jul 2024
Danube Properties Taps Indian Market with 1PERPayment Plan for INR 5400 Crores Project Diamondz

23rd July 2024  New Delhi, Delhi, India  Fastest-growing developer Danube Properties brings another jewel in its crown – the 65-storeyed Diamondz – which comes with 40 plus amenities and its trend-setting 1 percent monthly payment plan.

Diamondz – a luxurious project of Danube Properties in Dubai, successfully marked a pioneering moment recently as it became the first venue in the Middle East to feature a gym equipped with superstar Salman Khan’s Being Strong Fitness Equipment.

Danube Properties, the fastest-growing private real estate developer in the United Arab Emirates (UAE), is all set to tap in the Indian market with its special 1% monthly payment plan for its newly launched project ‘Diamondz’ with a development value of INR 5400 crores. With prime location of Jumeirah Lake Towers in Dubai, this iconic 65-storeyed skyscraper is Danube Properties’ 15th project launched in the last 24 months – reinforcing the developer’s reputation as the fastest-growing real estate leader in the region.

Apartments in Diamondz starting at INR 2.5 crores will be fully furnished and will come with more than 40+ facilities and amenities including a health club, swimming pools, jogging track, sports arena, working space, business centre, meeting place, tennis court, barbecue area, jogging track, doctors on call including a gym with Being Strong fitness equipment by Salman Khan exclusively for residents which otherwise is a paid for facility.

Diamondz is a first destination to have gym equipped with Salman Khan’s Being Strong Fitness Equipment and the recent grand launch ceremony of this gym was attended by Salman Khan along with other key dignitaries of UAE.

Commenting on the remarkable launch of Diamondz, Rizwan Sajan, Founder and Chairman, Danube Group shared, “With every project, we challenge ourselves to increase the facilities and amenities so that the home buyers get a better value for every square foot, or every penny spent – be it the introduction of a doctor/ nanny on call or extra space for work from home to maintain perfect work-life balance. Keeping in mind the need of the hour for maintaining a healthy lifestyle and workout with a correct set of equipment, we are equally delighted to have associated with Salman Khan’s Being Strong Equipment for its first-ever gym in our most luxurious project-Diamondz.”

Bollywood star Salman Khan who enjoys a fan following of billions globally added, “I am personally very happy to launch the first gym in Dubai with Being Strong equipment at the Diamondz by Danube project. This explains the importance of quality workout and a healthy lifestyle. Our state-of-the-art range of equipment will bring out the importance of quality and modern fitness in the fast-moving life of Dubai.”

Danube Properties maintains a policy of launching one project at a time, selling out, put it under tendering and construction, before launching the next project. This helps the developer to focus on all aspects of the development cycle – launch, sell-out, collect down-payment, appoint a contractor, and deliver on time to happy customers.

“This policy has helped us to focus on the development of each project and ensure timely delivery of each project – so that the customers remain happy,” Rizwan Sajan said. “With our 1 percent payment plan, home buyers usually receive the keys after paying around 60 percent of the project and keep on paying the balance 40 percent in 40 monthly installments – making home acquisition less painful – and increasing Return on Investment.”

Owing to this policy, Danube Properties is known for the timely delivery of their projects. Currently, Opalz by Danube is at the handover stage, and Pearlz, Gemz, and Petalz, projects are running ahead of schedule by 8 months, 6 months, and 5 months respectively.

23, Jul 2024
Mayo College Alumni Association Delhi (MAAD) Organised the 3rd Edition of the Mayo Alumni Business Summit at Hotel Taj Palace, New Delhi

23rd July 2024  New Delhi, Delhi, India  MAAD successfully hosted the 3rd Edition of the Mayo Alumni Business Summit bringing together alumni from various industries for a day of learning, networking, and collaboration. The Summit saw a stellar lineup of speakers mostly Mayo Alumni who shared insights that were well received by the audience which had over 200 alumni attendees straddling across batches.

The Summit saw the Mayo College Alumni Association of Delhi President Harmeet Singh, Mayo Old Boys Association President-Col. Bhawani Singh and Mayo Old Girls Association President Pooja Kothari, welcomed the delegates. Paran Thakur a well-known Voice Over Artist compered the event.

The recently appointed Principal of Mayo College-Saurav Sinha graced the occasion and addressed the gathering with his initial impressions of Mayo.

The summit featured a fireside chat with Kapil Chopra (Founder, of Postcard Hotels and Easy Diner) followed by two sessions on 1. New Age Hospitality and 2. Investing in Volatile Markets.

During the fireside chat, Kapil Chopra, in conversation with Vikramjit Singh (Founder-Alivaa Hotels) shared valuable insights in his journey from a successful hotelier as CEO of Oberoi Hotels to becoming an entrepreneur and establishing Postcard Hotels and Easy Diner. He highlighted the genesis of Easy Diner as an overseas experience of reserving restaurants online. His philosophy on Postcard was to establish the best hotel in every state they enter, and which has played out in terms of hotel ratings. He emphasised the need to enjoy what you do and then it goes beyond work.

The New Age Hospitality, a panel of hospitality professionals moderated by Mr Vikramjit Singh, comprising Kapil Chopra, Vir Sanghvi (Well-known Journalist and Co-founder Easy Diner) Vilas Pawar (CEO-Managed Hotels and Franchising-Lemon Tree Hotels) & Ritwik Khare (Founder Elivaas) discussed the changing landscape of hospitality. The speakers discussed the different hospitality models that exist today from second-home operators to small luxury hotels. Ritwik mentioned that as disposable income has grown in India people are aggressively buying 2nd and 3rd homes and ELIVAAS is taking the headache of maintaining and monetising these investments. Kapil spoke about how Postcard Hotels has re-written the rules of luxury stay in this country. Vilas spoke about the concept of franchising in India and how it’s yet to take off in this part of the world. Vir spoke about the new age food concepts and how free-standing restaurants have stolen the thunder from luxury hotels.

Mr Pankaj Karna-MD-Maple Capital Advisors and Treasurer MAAD introduced the session on Investing in Volatile markets which he highlighted was a timely and well sought out theme through an alumni survey. He highlighted the last 2 summits had early-stage investing, and growth investments and the themes have reflected changing market conditions over the last few years. This year’s panel represents fund managers managing over 125 billion dollars.

Investing in Volatile Markets had a marquee panel of fund/asset managers moderated by Anirudha Taparia-(Co-founder and Joint CEO 360 One Wealth), the other panellists included Naveen Gogia-(EVP and Co-Head Sales & Distribution-HDFC Asset Management), Devinjit Singh-Founder and Managing Partner-Xponentia Capital partners), Vikas Khemani (Founder- Carnelian Asset Management & Advisors) and Gagan Randev-(ED-Sotheby’s India). India opportunity and the six pillars of Growth and Opportunity were highlighted by Vikas Khemani, the need to play along and invest over time by Naveen Gogia, Devenjit highlighted the ability of PE to perform over time even as interim phases of capital markets may seem very compelling and Gagan highlighted the rise in residential property markets in select pockets while divergences between Delhi and Gurgaon remain stark, even as long term view remains solidly positive for real estate investments. The increasing sophistication and need for expert handholding across classes were emphasised by Anirudh as investors got into more sophisticated products. Overall, despite Volatile Markets, the panel seemed bullish on India and various asset classes.

The summit also featured Shivjeet Khullar, highlighting his experience with India’s Best channel that he created on YouTube which got great traction and outlined the plan to create one for Mayo Business leaders which was well received.

The Summit Vote of thanks was presented by Kirit Javali-Secretary, Mayo College Alumni Association of Delhi and Lawyer, Supreme Court, acknowledging the various participants.

The key donors included Finesta, Whiteoak Capital, and Sotheby’s. HDFC Asset Management, Sotheby’s, Carnelian Asset Management, Alloysmin India Private Limited, Story Experiential Loyalty, Ujala Stainless, Kimbal, Diat, UVR Natural Foods and Airvoice. There were numerous stalls by alumni and friends and the Beverage Sponsor for the evening was Indri.

The Summit was well appreciated by the alumni and presented a great opportunity for them to network, hear some stellar speakers and exhibit their businesses.

Mayo College Alumni Association of Delhi (MAAD) is a registered association for the alumni of Mayo College both boys and girls focused on alumni initiatives and activities that have been around networking, sports, alumni welfare and giving back to school.

Mayo College, Ajmer is a prestigious residential school in India, It was established in 1875 to educate and nurture the princes of the royal families of Rajasthan. After Independence, it emerged as one of the premier residential public schools with many well-known alumni across, government, armed forces, business, education, entertainment and other areas. Mayo College Girls School was established in 1987, a residential school adjoining the boy’s school both schools have built a reputation of being among the best residential schools in the country.

23, Jul 2024
Usha iChef: Premium Appliances Made with You in Mind

23rd July 2024  New Delhi, Delhi, India With temperatures rising by the day, summers are now fully upon us. It’s that season where each one of us is looking for ways to eat healthy and yet spend as little time in the kitchen as possible.

This is where these go-to gadgets come into play. Each one is meant to take a load off while delivering food that is not only delicious but healthy too.

We are talking about Usha’s new I-Chef range of appliances that includes the iSteam that can air-fry, bake, and steam – so you literally get three gadgets in one. They also offer two air-fryers, one of which has a Borosil glass pan that offers 360* visibility while your food is cooking, and once the food is cooked the same pan can be used as a serving bowl too. Their programmable kettle is a great help as it has pre-programmed temperatures to cater to multiple needs such a baby feed, green tea, etc.

Below the details of how exactly these can be your best pals this summer.

iChef Steam Oven
One oven, many functions – the iChef Steam Oven is a discovery you will enjoy more and more each time you cook. A first-in-class, Usha’s iChef Steam Oven comes equipped with 11 cooking functions and 39 preset menus, breaking barriers to gourmet cooking. Your perfect partner for making both healthy and delectable dishes, this one is a steamer, an air-fryer, and an oven combined! Powered by the built-in innovative 3D Hot Steam technology, the Usha iChef Steam Oven ensures retention of maximum nutrients, the ideal surface browning while maintaining the moist succulence within. With its more-than enough 18-liter capacity and three-layer cooking capability, one can cook just about anything from a large batch of steamed dim sums, to grilled fish, chicken roast, risotto, pasta, cakes, and a whole lot more – that’s a lot of punch this oven packs, don’t you agree?

Price: INR 30,990.
Can be used for Steaming, Air-frying, Baking, Roasting, Grilling, Thawing, Slow-cooking, Barbequing, Braising, Toasting, Air-drying

iChef Smart Air Fryer
Calling all foodies who love their crunchy snacks but hate the added oil-calories from regular frying – here’s your perfect foodie companion – the Usha’s iChef Smart Air Fryer that toasts to your health each time you use it. Its 8 preset menus and 10 cooking functions allow you to prepare a wide range of dishes – from French fries to samosas, grilled sandwiches to roast chicken, with just a dash of oil. This cool looking gadget has a modern, transparent digital shield that shows you what’s cooking, quite literally. Features you will love include the heat resistant & food grade Borosilicate Glass bowl with all around 360-degree view, the turbo airflow technology for that perfect browned and crispy results, and not to forget its generous 5.5-liter capacity, making this a must-have for everyone who values taste and health.

Price: INR 11,990.
Can be used for Air-frying, Baking, Roasting, Grilling, Thawing, Slow-cooking, Barbequing, Braising, Toasting, Air-drying

iChef Programmable Kettle
Here’s an innovative kettle that pays attention to detail, elevating your daily tea and coffee ritual many notches. The iChef Programmable Kettle boasts four preset temperature modes, tailor-made to the perfect brewing temperatures for various teas like Darjeeling, Oolong, Assam, Jasmine, and Chamomile, a delight for tea connoisseurs who understand the significance of precise brewing temperatures to guarantee that impeccable delicate flavours every time. There’s more – this versatile kettle also offers precise temperature control for baby food and formula preparation, making it an indispensable addition to homes with babies.

Crafted with Food Grade SS 304, it ensures safety and durability and is equipped with dry boil protection and a double wall guaranteeing a cool-touch surface. The lockable lid adds to its practicality, making it the ultimate choice for chai and conversations.

Price: INR 5,490.
Can be used to heat water to precision at 40*C (baby feed), 80*C (Green Tea), 90*C (Coffee/Black Tea), and 100*C for boiling hot water.

iChef Smart Air Fryer 5L
This natty iChef Smart Air Fryer 5L is the kitchen innovation you’ve been waiting for. Offering oil-free cooking, turbo airflow, and 8 preset menus, it’s healthier, tastier meals right at your fingertips, quite literally. With unique features such as a non-stick food grade bowl, an intelligent timer for food flipping reminders, illuminated chamber, and a digital display add a touch of sophistication to your kitchen. With 1500W of power, it’s ready to make cooking a breeze. Say hello to delicious meals, and goodbye to guilt-ridden calories!

Price: INR 10,490.
Can be used for Air-frying, Baking, Roasting, Grilling, Thawing, Slow-cooking, Barbequing, Braising, Toasting, Air-drying.

23, Jul 2024
SHRM India Hosts PSE Leadership Forum 2024 and Sets Industry Benchmark for #PeopleSuccess

23rd July 2024  New Delhi, Delhi, India  The Society for Human Resource Management (SHRM) India successfully concluded its inaugural PSE Leadership Forum last Friday (19th April 2024), bringing together distinguished HR leaders and professionals across Public Sector Undertakings (PSUs). The forum was a vibrant hub for discussing strategies, best practices, and innovations in people leadership within the PSU sector.

The forum was attended by senior leaders across sectors with noteworthy representation from Maharatnas, Navratnas, state and central PSE organizations like GAIL, SAIL, ONGC, IFFCO, Oil India, BHEL, RVNL, PFC, NBCC, Grid India, EIL, and others.

The event featured a keynote address by Shri D. Shivakumar, Operating Partner at Advent International Private Equity and a former CEO at Pepsico and Nokia India. There was also a thought-provoking TED Style Talk by Shri M Damodaran, Indian Corporate Advisor, Mentor, and Former Chairman, SEBI. Both addresses shed light on the evolving landscape of leadership and innovation within PSUs.

In conjunction with the forum, SHRM India PSE Team unveiled its flagship survey research report, SHRM PSE Trends 2024 – People Success. This comprehensive report delved into seven critical themes crucial for the future of PSUs: Developing Leaders for Tomorrow, Women Leadership, Community Impact, Health & Wellness, Learning & Development, Technology at Work, and Employee Benefits.

Achal Khanna, CEO of SHRM India, APAC & MENA, commented on the forum’s success, “This forum has set a new benchmark for discourse and development within India’s public sector. By bringing together the brightest minds in the industry, we have fostered a dynamic exchange of ideas that will undoubtedly propel our sector forward. We are particularly proud of the insights shared in our ‘ SHRM PSE Trends 2024’ report, which highlights a strong commitment to training and development with more than 87% of PSU participants confirming investment in these areas.”

Ashish Kaul, Director, Knowledge & Advisory and Business Head, PSE at SHRM India, added, “The ‘SHRM PSE Trends 2024’ report has identified key areas for growth, including the need for enhanced learning methodologies and better support for gender diversity and technological adaptation.”

Our findings show that most participants express positivity, indicating a strong commitment to employee growth and skill enhancement. Overall, most participants felt that their organization invests enough on L&D with 87% giving a positive response. However, when we sliced the data by levels, only 60% of participants across E2-E3 levels believed that their managers are well-equipped to coach & mentor the young workforce. This number further falls to 40% when we asked the same question to participants at the E4-E5 level. Additionally, the report highlights a gap in technology training, with 56% of participants indicating a lack of investment in understanding the impact of generative AI and new technologies.

One of the other highlights from the report that was highlighted was while as 90% of the men tend to believe that their organization has created a supportive ecosystem for women to succeed, contrastingly only 73% of women felt the same. Further, the report also highlighted the fact while as 84% of men believed that their organization was making investments in the advancement of women’s empowerment, only 77% of women agreed to the same.

“The PSE Leadership Forum is not just an event but a catalyst for sustained growth and innovation across public sectors. We are committed to continuing this journey, fostering a culture of knowledge sharing and collaborative development,” concluded Khanna.

The forum was held at the Taj Palace, New Delhi, accommodating a large gathering of 100+ attendees and speakers across four sessions aimed at empowering PSEs for future challenges.

23, Jul 2024
MAS Financial Services Limited Reports PAT of more than Rs 250 Crores for the FY 2023-24, While the Consolidated AUM Crosses Rs 10,700 Crores

23rd July 2024  Ahmedabad, Gujarat, India  The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), which specializes in MSME financing, announced today the audited financial results for the quarter ended 31st March 2024.

116 Quarters of Consistent Financial Performance is the testimony of the strong fundamentals of the company, which has been followed over more than two and half decades. We witnessed a healthy growth in business activities across the segments we serve, during the quarter. The consolidated disbursement was Rs. 2866.35 Crores during the quarter ended 31st March 2024.

During the quarter, the Company’s Long Term Bank Facilities and Non-Convertible Debentures rating has been upgraded to CARE AA- (Outlook: Stable) from CARE A+ (Outlook: Positive) by CARE Ratings Limited (‘CARE’)

Performance Highlights – (Consolidated)

MAS Financial Services Limited on a consolidated basis reports Assets under Management (AUM) of ` 10721.90 Crores and Profit after Tax (PAT) of Rs. 70.10 Crores for the quarter ended 31st March 2024 from Rs. 8505.89 Crores and Rs. 56.82 Crores respectively for the quarter ended 31st March 2023. The consolidated PAT for the FY 2023-24 stands at Rs. 254.01 Crores.

MAS Financial Services Limited reports Assets under Management (AUM) of Rs. 10125.61 Crores and Profit after Tax (PAT) of Rs. 68.05 Crores for the quarter ended 31st March 2024 from Rs. 8092.56 Crores and Rs. 55.55 Crores respectively for the quarter ended 31st March 2023. The AUM as on 31st December 2023 was Rs. 9672.03 Crores.

A Growth of 25.12 % in AUM and 22.50% in PAT over the corresponding period of the previous year.

Capital Adequacy Ratio (including Tier II capital) as of 31st March 2024 stood at 24.05%. The Tier-I capital stood at 20.33%.

The portfolio quality remained stable and strong at 2.25% gross stage 3 assets and 1.51% net stage 3 assets of AUM as compared to 2.23% gross stage 3 assets and 1.48% net stage 3 assets of AUM as on 31st December 2023.

The company continues to carry a management overlay of Rs. 18.79 Crores as on 31st March 2024, 0.24% of the on book assets.

Rs. in Crores)

Particulars Q4’24 Q4’23 YoY FY24 FY23 YoY
Assets Under Management 10125.61 8092.56 25.12% 10125.61 8092.56 25.12%
Total Income 329.53 267.82 23.04% 1224.57 939.85 30.29%
Profit Before Tax 91.09 70.41 29.37% 331.42 264.70 25.21%
Profit After Tax 68.05 55.55 22.50% 247.75 200.96 23.28%

(Rs. in Crores)

Asset Under Management (AUM)* March-24 March-23 YoY
Micro-Enterprise Loans 4385.11 3874.16 13.19%
SME Loans 3733.86 2986.66 25.02%
2-Wheeler Loans 670.12 554.35 20.88%
Commercial Vehicle Loans 747.66 372.48 100.72%
Salaried Personal Loans** 588.86 304.90 93.13%
TOTAL AUM 10125.61 8092.56 25.12%↑

*Represents underlying assets in each of the categories. As on 31st March 2024, 32.88% of the total underlying assets are through various NBFCs.

  • New Product Segment

 

The MSME segment contributed ~60% in the YoY AUM growth of the company while other products also contributed meaningfully.

 

  • Dividend: In consonance to our policy of rewarding the shareholders of the Company, the Company has paid the interim dividend of Rs. 3 per share – pre bonus – (` 1 ex-bonus). Additionally, the Board has proposed the final dividend @ 5.10% i.e. Rs. 0.51 per share subject to the approval of the Members in the ensuing Annual General Meeting.

 

Performance Highlights – MAS Rural Housing and Mortgage Finance Limited (Standalone)

MAS Rural Housing and Mortgage Finance Limited reports Assets under Management of Rs. 596.29 Crores and Profit after Tax of Rs. 2.08 Crores for the quarter ended 31st March 2024 from Rs. 413.34 Crores and Rs. 1.37 Crores respectively for the quarter ended 31st March 2023.

 

  • A growth of 44.26% in AUM and 51.55% in PAT over the corresponding period of the previous year.
  • Capital Adequacy Ratio (including Tier II capital) as on 31st March 2024 stood at 38.00%. The Tier-I capital stood at 30.53%.
  • The portfolio quality remained stable and strong at 0.90% gross stage 3 assets and 0.66% net stage 3 assets of AUM as compared to 0.81% gross stage 3 assets and 0.58% net stage 3 assets of AUM as on 31st December 2023.
  • The company continues to carry a management overlay of Rs. 3.00 Crores as on 31st March 2024, 0.65% of the on book assets.

 

(Rs. in Crores)

Particulars Q4’24 Q4’23 YoY FY24 FY23 YoY
Assets Under Management 596.29 413.34 44.26% 596.29 413.34 44.26%
Total Income 17.68  12.40 42.58% 62.46 43.75 42.75%
Profit Before Tax 2.62  1.70 54.21% 9.58 8.09 18.31%
Profit After Tax  2.081.37 51.55% 7.58 6.34 19.48%

Commenting on the performance, Mr. Kamlesh Gandhi – Founder, Chairman & Managing Director, MAS Financial said, “As we usher in to the next phase, post reaching an important milestone of Rs. 10,000 Crores in AUM, we are confident to maintain a fundamentally strong growth momentum. Adequate capitalization, strong asset quality and a track record of more than 25 years to navigate across various cycles will ensure the same thus creating value on a large scale for all its stakeholders. Team MAS remains committed to its mission of excellence through endeavors.

23, Jul 2024
TD and ApplyBoard Collaborate to Support Indian Students Pursuing Studies in Canada

23rd July 2024  Delhi, India  TD and ApplyBoard are pleased to announce a new collaboration that will support international students on their journey to study in Canada. ApplyBoard, the leading student mobility platform, is partnering with TD, the second-largest bank in Canada and sixth-largest in North America by assets, to provide students with the resources and tools they need for a smooth transition to studying in Canada.

Through the TD International Student Guaranteed Investment Certificate (GIC) Program, prospective students planning to study in Canada can enhance their study permit application. ApplyBoard’s secure and private technology provides verifiable Proof of Financial Support through ApplyProof to help strengthen study permit applications.

“We are excited to share the news of this relationship with ApplyBoard as we work to make things easier for students from across the world, embarking on their journey to study in Canada,” said Sona Mehta, Executive Vice President of Canadian Personal Banking, TD Bank Group. “We know that navigating the process to study abroad can be challenging, and at TD, we are committed to supporting international students coming to Canada by offering tools, programs and trusted advice, designed to facilitate a frictionless transition to the Canadian banking environment.”

“With TD’s legacy of providing financial solutions to Canadians for over 150 years, and ApplyBoard’s position as the leading student mobility platform, we are optimistic that international students will receive the support and guidance they need to succeed in their academic pursuits,” said Meti Basiri, Co-Founder & CEO, ApplyBoard. “Together, we are dedicated to empowering international students throughout their journey and ensuring their success in Canada.”

Indian students can open a GIC with TD with no application fee via a simple, digital process, and will start earning interest prior to arrival in Canada. The TD International Student GIC Program also provides students with a TD Student Chequing Account with no monthly plan fee (conditions apply), unlimited transactions, and additional benefits. Once in Canada, students can benefit from TD’s 1,000+ branch network, with the longest branch hours in the country and advisors who speak over 80 languages.

The program is designed to assist international students from India who are eligible for the Government of Canada’s Student Direct Stream (SDS) Program. As of January 1, 2024, the minimum financial requirement that students must show as part of their study permit application is CAD 20,635.

23, Jul 2024
Effortless Chic: Daniel Wellington Unveils its Sparkling New Jewellery Collection for Spring/Summer 2024

23rd July 2024  Mumbai, Maharashtra, India  Daniel Wellington, the leading global watches and accessories brand known for its contemporary sleek design has just announced the introduction of its latest jewelry collection, designed for the Spring/Summer season of 2024. This stunning new line embodies effortless chic, offering a range of pieces designed to elevate your look and complement your personality.

Crafted with precision and passion, the collection features two captivating design stories: the Carbine Crystal link and the Pave. The Carbine Crystal link features a chunky chain setting adorned with eye-catching crystals, perfect for those who love a bold and statement-making look. For a touch of delicate elegance, the Pave collection features a dainty chain set with sparkling crystals. Both designs share a common element, ensuring a cohesive and timeless aesthetic.

Adding a touch of personalization, the collection also features bracelets designed to seamlessly match your favorite leather and mesh watch bands. Crafted from high-quality materials, these bracelets offer a versatile and stylish option for everyday wear.

Further enhancing your look, the collection boasts a range of charming crystal pieces. Each charm is set with sparkling white Cubic Zirconia crystals (lead-free) and securely held in place with a four-claw setting. These charms come with a clever TPU ring inside, allowing them to effortlessly attach to the chains or the new collection’s earrings, depending on your desired style.

Key Highlights from the Daniel Wellington SS2024 Jewellery Collection

Carbine Crystal

The new Carbine Crystal collection features a chunky chain setting with crystal details across the bracelets, necklaces, rings and earrings.

Carbine Crystal Necklace: A mix of industrial elements and refined crystal details take this gold link necklace way beyond your basic chain. Wear it with the rest of the Crystal Link collection or alone as a statement piece—this chunky chain is a stunner either way.

Measurements

Necklace: One size tbd

Bracelet: 155mm, 165mm,175mm and 185mm

Earrings: tbd

Ring: Size 48-70

Product Details

SKU – DW00400571

MRP – Rs. 11,599

Group – Carbine

Description – CARBINE NECKLACE ROSE GOLD

Color – Rose Gold/ Gold/ Silver

Pave Collection

Introducing the new Pave collection featuring a tiny chain setting with crystal details. The sphere on the bracelet and necklace is round just like our classic Aspiration collection.

Pave Crystal Pendant Necklace Rose Gold

Closely arranged, carefully set crystals allow this rose gold pendant necklace to capture the light from all angles, creating a sparkling effect found across the entire Pave collection. The pendant is fixed, so the necklace’s clasp and sizing rings won’t gather.

Product Details

SKU – DW00400625

MRP – Rs. 7,699

Group – Pave

Description – Pave Necklace

Color – Rose Gold/ Silver/ Gold

Perfect Pair Bracelet – Mesh Belt

We took inspiration from our most-loved watch straps to create the Perfect Pair collection: bracelets that are great alone, but even better paired with a friend. This rose gold mesh version comes in two different widths, so you can find the right match for your watch (or anything else on your wrist).

Measurements

Bracelet: 155mm, 165mm,175mm and 185mm

Thickness Mesh:1.8mm, 2.8mm

Thickness Leather: 2.8mm

Product Details

DW00400670 / 71 / 72 / 73

MRP – Rs. 3,799

Group – Perfect Pair Bracelets

Description – Mesh bracelet 1,8 155mm / 165mm / 175mm / 185mm

Color – Rose Gold/ Gold/ Silver

Charms Crystals

Ambitious Aries, loving Libra, poetic Pisces—add a piece of personality to your jewellery with the help of our Zodiac Crystal Charms. Each gold charm features carefully set crystals and anti-slip silicone lining, making it simple to add to our Charm Earrings or a chain.

Product Details

DW00400733 / 34 / 35 / 36 / 37 / 38 / 39 / 40 / 41 / 42 / 43 / 44

MRP – Rs. 3,799

Group – Charms

Description – Charm Zodiac

Color – Rose Gold

23, Jul 2024
Fischer Launches Undercut Anchor FSU – High Performance for High Demands

Apr 25, 2024 10:52 IST Print

Bengaluru, Karnataka, India
Fischer India announced the launch of FSU – Undercut anchor, a ground breaking addition to fischer’s line up designed to meet the demands of high-load applications in concrete. Mr. Mayank Kalra, Managing Director of fischer India said, “This innovative anchor not only delivers exceptional performance but also introduces enhanced installation efficiency with its self-undercutting capability. Moreover, with the integration of a Data Matrix Code (DMC), the FSU underscores our commitment to advancing the digitalization of fastening solutions, offering seamless product identification and data accessibility.”

Fischer Undercut Anchor FSU

Heavy steel and facility constructions, nuclear power plants, refinery projects, power stations, infrastructure projects, and the oil and gas industry benefit from the self-undercutting FSU undercut anchor made of galvanized steel, which is ideal for applications with high load and safety requirements. It was made for heavy-duty fixings to anchor steel structures, heavy pipe systems and industrial machines as well as many other indoor fixtures and attachment parts in cracked and non-cracked concrete.

The European Technical Assessment (ETA) provides safety during fastening applications in cracked concrete (option 1). The plug is also approved for seismic applications in categories C1 and C2, meaning it can be used in areas prone to earthquakes. It is also a safe choice in the event of fire (R120 fire assessment) or for fastening installation systems such as extinguishing systems (VdS sprinklers) It is simple and easy to install. Two different undercut anchor versions enable push-through (FSU-P) and pre-positioned installation (FSU). The anchor is placed into a drill hole created with the FSU-SD stop drill bit using the FSU-ST setting tool. Upon cleaning the drill hole, the anchor is placed with the FSU-ST setting tool. The anchor self-cuts into the undercut, creating a flush connection.

Thanks to this perfect flush fit, the FSU reliably transfers the forces and anchors into the substrate almost without expansion, achieving an extremely high load and safety level. Its six cutting teeth and the self-undercutting principle enable precise and powerful placements in concrete and make installation fast and secure. The low expansion forces allow very low edge and axial spacing without spalling and provide maximum safety and ultimate flexibility for all applications, even in the event of strong crack formation and wide crack widths in seismic areas.

Another advantage is the special plastic element that fixes the FSU in the drill hole, preventing the anchor from falling out of the drill hole and making overhead installation simple and safe. Convenient setting depth markings on the plug and setting tool (FSU-ST) provide a quick visual assembly check while guaranteeing additional safety. The DSU-DT disassembly tool can be used to quickly remove the anchor without a trace, if required. Product data can be identified and read using the DMC (Data Matrix Code) on the anchor. The code can easily be scanned using the fischer PRO app, so that all the information about the scanned product can be viewed directly in the app. Users can download the ETA and additional data in the download section. This feature guarantees flexible and accurate transparency and allows the data to be stored.

23, Jul 2024
Royaloak Furniture on Expansion Spree, Launches its 169th Store in Bhimavaram, Andhra Pradesh

23rd July 2024  Bhimavaram, Andhra Pradesh, India  Royaloak Furniture, India’s renowned furniture brand, has further solidified its presence in Andhra Pradesh with the inauguration of a new store in Bhimavaram. With this, the brand marks an impressive 169th store opening in the country. The grand opening ceremony was honored by the esteemed presence of Mr. Vijai Subramaniam, Chairman of Royaloak Incorporation Pvt. Ltd., Mr. Mathan Subramaniam, Managing Director, Royaloak Incorporation Pvt. Ltd, Mr. Grandhi Srinivas, Honorable MLA & Government Whip, Bhimavaram Constituency, and Mr. Koyye Moshenu Raju, Chairman of Andhra Pradesh Legislative Council. This expansion underscores Royaloak’s commitment to providing quality furniture solutions to the people of Andhra Pradesh.

The grand launch event also witnessed guests from the Royaloak team, including Mr. Vijai Subramaniam, the Chairman of Royaloak Furniture, Mr. Mathan Subramaniam, Managing Director, Mr. Kiran Chhabria, the Franchise Head, Mr. Angara Nagendra Babu, State Head – AP & TS, Mr. Thammaiah Kotera, Head – VM & NSO, as well as Mr. Rajesh, Franchise Manager.

Set against the backdrop of spirited melodies of drums performed by the local band, the guests exuded enthusiasm as they orchestrated a magnificent grand launch event. The distinguished guests were warmly embraced into the festivities, signifying an extraordinary beginning to this thrilling new chapter.

Covering an impressive 18000 square feet, this store boasts an extensive array of furniture for every part of the home, including living rooms, bedrooms, dining areas, and more. Bhimavaram’s residents can now discover a wide variety of both stylish and functional furnishings. Royaloak is a go-to destination for all home furnishing needs, that offers sofas, beds, dining tables, chairs, recliners, mattresses, interior decor items, and a comprehensive selection of office and outdoor furniture, all conveniently located in their neighborhood. This store adds to the brand’s presence in Andhra Pradesh making it 14 stores in the region.

Speaking at the launch event, Mr. Vijai Subramaniam, Chairman, Royaloak Furniture said, “Today marks an exceptional day for the entire Royaloak team as we continue to grow, celebrating the inauguration of our 169th store. We are genuinely excited about our expansion in Andhra Pradesh, especially with our latest store launch in Bhimavaram. This underscores Royaloak’s dedication to providing top-quality furniture at accessible prices to our valued customers. I extend my best wishes to the franchise owners as we eagerly anticipate serving customers and assisting them in finding the ideal pieces to complete their dream homes.”

The store boasts a carefully curated and exclusive ‘Country Collection’, showcasing the finest and most unique furniture selections from countries such as the United States, Italy, Malaysia, and India. Through its dedicated standalone stores, Royaloak aspires to elevate the aesthetic appeal of homes with its modern, luxurious, and budget-friendly furniture offerings. The brand has been fulfilling the lifestyle requirements of its expansive customer base, exceeding 10 million individuals.

With a network of over 200 immersive retail outlets nationwide, Royaloak has established a robust presence in more than 116 key locations, including Hyderabad, Vijayawada, Visakhapatnam, Mumbai, Kolkata, Chennai, New Delhi, Bangalore, Bhopal, Ahmedabad, Guwahati and Kochi.

23, Jul 2024
LowCarbon.Earth, Asia’s Leading Climate Accelerator Supported by UNEP and Massive Earth Foundation, is Hosting its Demo Day in Bangkok on 25th April 2024

23rd July 2024  Gurugram, Haryana, India  Massive Earth Foundation, in collaboration with the United Nations Environment Program, will host the ‘Low Carbon Earth’ 23 Demo Day’ on 25 & 26 April 2024, in Novotel, Sian Square, Bangkok. The event will enable promising climate tech startups from Across the Asia Pacific to showcase their products, connect with investors, raise funds and scale their innovative climate tech solutions.

The Low Carbon Earth Demo Day in Bangkok is the final stage in the Low Carbon Earth Accelerator Program that was launched in August 2023. The accelerator program invited applications from all the climate tech startups from the Asia-Pacific region and conducted a 12- week intensive virtual program to help the climate tech startups connect with mentors, network, raise funding, and showcase their products on a global level. The program witnessed an overwhelming response from various startups who demonstrated their climate tech products. Women-led startups from all around the globe participated in the even with a common agenda “Making Earth towards a green and clean plant.”

The Low Carbon Earth is an annually recurring accelerator program launched by the Massive Earth Foundation to solve climate change and pollution reduction. The accelerator program is launched in collaboration with the United Nations Environment Program, which includes the UNEP’s Go4SDGs initiative, and it also partners up with UN Women – EmPower: Women for Climate Resilient Societies. Low Carbon Earth calls out to all startups working in various sectors, such as renewable energy, sustainable textiles, addressing microplastics, optimizing farming practices and mitigating urban heat in cities. etc. & conducts accelerator programs to help startups learn from mentors, connect with the most accredited and active climate-tech investors, network with high-potential founders, and grow their products on a larger scale. The program spans the Asia-Pacific region and invites all startups whose goals are aligned with the UN’s Sustainable Development Goals (SDGs) and who are dedicated to solving climate change by developing climate-friendly technological solutions.

Min-Si Wang, founder, Ecomonitor from Singapore said, ‘LCE introduces me to a network of climate tech peers and mentors that provide invaluable collaboration and learning opportunities. I find UNEP’s insights on regional climate initiatives and tool kits to be especially valuable.’

Vilasinee Churat, founder, of Munie Lifestyle from Thailand said, ‘This journey has been truly transformative, and I’m excited to reflect on what made it so meaningful for me. The program empowered me to understand the core business values and navigate the global market for sustainable products. This experience has been instrumental in shaping my entrepreneurial journey.’

The Low Carbon Earth’23 will conclude on the demo day, which will be held in Novotel, Siam Square, Bangkok on the 25th and 26th of April, where the top 14 handpicked finalist startups will unite together at a global platform to showcase their products to investors from across Asia.