31, Oct 2023
Grown Diamonds to Grow Your Love: Aukera Unveils Grown Diamond Collection for Karva Chauth
Marking the calendar for the Lunar month, Aukera Jewellery has launched its exclusive collection for Karva Chauth consisting of an exquisite assortment of grown diamond jewellery. The collection, starting from Rs 1 lakh onwards, is crafted carefully to be the ideal gift for the upcoming Karva Chauth festival.
Aukera Jewellery’s Karva Chauth Collection is sustainably designed to complement the beauty and grace of every woman celebrating the auspicious day and commemorate the everlasting bond between the husband and wife.
The pieces exclusively feature lab-grown diamonds, which are sustainably sourced and their cut, clarity, colour and carat weight give them distinct advantages over mined diamonds. Larger stones and fancy cuts (princess, emerald, oval, pear, cushion and heart-shaped diamonds) lending a contemporary touch to the designs. Additionally, grown diamonds also offer a significant cost advantage.
Celebrated to honour the husband-wife bond and pray for the safety and longevity of the husband, Karva Chauth offers the perfect opportunity to capture the ethos of the marital relationship through a well-thought-out gift. Blending traditions with modernity, grown diamonds are the ideal, conscious gifting choice of gift for the 21st-century woman. This Karwa Chauth, Aukera Jewellery celebrates the modern-day, multi-faceted woman through a contemporary rendition of classic designs – all in lightweight jewellery.
Aukera presents a collection of lightweight necklaces with matching earrings. Designed to accentuate feminine grace. The pieces are contemporary renditions of age-old classical forms. Using the highest grade of grown diamonds, set in 18K gold.
Aukera’s Karva Chauth range includes:
Floral Exotica – symmetrical motifs crafted to perfection with the purest diamonds, set in 18K gold
Dance of Reflections – contemporary and delicate. Feminine and unusual. The purest grown diamonds set in 18K gold
The Eternal Promise Ring, is the perfect choice to commemorate the everlasting bond of love.
Treasure a lifelong bond this Karva Chauth by embracing eco-conscious gifting with Aukera’s IGI-certified grown diamond jewellery with buy-back options, ensuring that this momentous day remains memorable and environment-friendly.
Aukera is on Dickenson Road, Bangalore
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- By Rabindra
31, Oct 2023
Spandana’s PAT grows 127 Percent YoY to₹125 Cr in Q2FY24
Delhi, October 31st, 2023: Spandana Sphoorty Financial Limited (NSE: SPANDANA, BSE: 542759) (“Spandana”) announced its unaudited financial results for the quarter ended Sep 30, 2023 today. The growth reported across metrics is in line with management’s targets for the current year.
Highlights for Q2FY24:
- AUM – ₹9,784 Cr; +69% over Q2FY23 (₹5,782 Cr)
- New Customer Acquisition –3.5 Lacs vs Q2 FY23 – 1.2 L, YoY growth 183%;
- Disbursement – ₹2,513 Cr; +81% over Q2FY23 (₹1,391 Cr)
- GNPA – 1.40% (1.63% in Q1FY24)
- NNPA – 0.42% (0.49% in Q1FY24)
- Income – ₹640 Cr;+106% over Q2FY23 (₹310 Cr)
- Net Income – ₹412 Cr; +89% over Q2FY23 (₹219 Cr)
- NIM – 14.1% vs. 13% in Q2FY23
- PAT – ₹125Cr; +127% over Q2FY23 (₹55 Cr)

Mr. Shalabh Saxena, CEO, and Managing Director, while announcing the results stated, “During the quarter our AUM grew 69% YoY to ₹9,784 Cr with disbursements at ₹2,513 Cr which was a growth of 81% YOY. We added 3.5L new borrowers taking our total borrower count to 27 Lakhs, a growth of 24%. All the financial parameters showed a positive trend with PAT increasing 127% to ₹125 Cr, GNPA and NNPA further improving to 1.40% and 0.42% respectively from 1.63% and 0.49% respectively at the end of Q1FY24. Asides, we have added 292 branches during the calendar year, taking the count of operational branches to 1,407. We will be operationalizing an additional 110 branches in the next 3 months, thus taking the branch strength to over 1,500. During the quarter, we soft launched Nano enterprise loans for shopkeepers & retailers on the back of Loan Against Property which we launched in Q1. We have seen good demand for these products and we will scale up these business lines as we progress. As a management team, we are comfortable with the progress made thus far and are confident of achieving our goals as set under the Vision – 2025.”
Highlights forthe Quarter 2, FY2024 are:
- AUM – ₹9,784 Cr a 69% growth over Q2FY23 (₹5,782 Cr) and 11% growth over Q1FY24 (₹8,848 Cr).
- Disbursement &New CustomerAcquisition – New customer acquisition-led growth continues with about 3.5 lakh new customers added during the quarter.
- Disbursement was₹2,513 Cr (Q2 FY23 – ₹1,391 Cr), YoY growth 81%; (Q1FY24 – ₹1,664 Cr), QoQ growth of 51%.
- New customer addition during the quarter was 3.5 Lacs (Q2 FY23 – 1.2 L) aYoY growth of 183% and a QoQ growth of 34%(Q1FY24 – 2.6L)
- The borrower count at the end of quarter was about 27L a growth of 24% over Q2FY23 (~22L); ~12% growth over Q1FY24 (~24L)
- Borrowings-
- ₹3,191 Cr was mobilized in Q2 FY24 v/s ₹1,080 Cr in Q2FY23, a growth of 195%.
- Asset Quality –
- GNPA – 1.40% (Q1 FY24 – 1.63%); &7.37% as on 30-Sep-22
- NNPA – 0.42% (Q1 FY24 – 0.49%); &3.84% as on 30-Sep-22
- PCR – Provision Coverage Ratio is 70.26%
- Collection Efficiency-
- Net collection efficiency was at 97.7% vs. 98.1% in Q1FY24.
- Gross Collection Efficiency at 100.3%
- Financial Performance YoY-
- Income: ₹640 Cr (₹310 Cr in Q2FY23) – growth of 106% YoY
- Net income: ₹412 Cr (₹219 Cr in Q2FY23) – growth of 89% YoY
- Yield: 24.5% (19.5% in Q2FY23) – improvement of 496 bps
- NIM of the portfolio is a 14.1% improvement of 113 bps over Q2 of the previous year.
- Pre-Provision Operating Profit (PPOP): ₹258 Cr (₹110 Cr in Q2FY23) – growth of 134%
- Profit after tax: ₹125Cr (₹55 Cr –Q2FY23) – growth of 127%
31, Oct 2023
Saif Ali Khan’s House of Pataudi’s latest festive campaign features Koh-i-noor inspired collection, now available on Myntra
Bengaluru, 31 October 2023: House of Pataudi has announced the new brand campaign, featuring star siblings Saif and Soha Ali Khan, showcasing ensembles that exude elegance and uphold a legacy of craftsmanship – the essence defining the brand. Launched amidst the splendor of the festive season on Myntra, the campaign serves as a grand unveiling of House of Pataudi’s Autumn-Winter ‘23 collection, Koh-i-noor, a stunning range inspired from the most coveted diamond, along with offering an array of enchanting festive ensembles to adorn shoppers throughout the festive and wedding seasons, and beyond.

As part of the campaign, an ad film starring Saif Ali Khan and Soha Ali Khan showcases the latest offerings from the House of Pataudi in vivid detail. The collection takes inspiration from the renowned history of the Koh-i-noor diamond, tracing its path through various dynasties – including the Vijayanagar Empire, the Nizam dynasty, the opulence of the Mughals, and the influence of Persian culture – and celebrates its journey as the shining beacon of grandeur that it is today. This campaign draws a compelling parallel to the journey of the House of Pataudi brand; just as the Koh-i-noor, the House of Pataudi ensembles showcase exquisite craftsmanship. For example – The ‘Nizam-e-noor’ collection draws its inspiration from the opulent Nizam dynasty, showcasing intricate thread embroideries adorned with silver and gold zari, as well as zardozi highlights on luxurious fabrics. The ‘Passage to Persia’ draws from the rich tapestry of Persian culture and textiles, featuring the use of gems, gold, silver, and copper embellishments. The collection is replete with details like potli buttons, sheer and velvet inserts, and intricate gota laces, creating a lavish and captivating aesthetic.

The brand campaign is designed to enable shoppers to experience and fully embrace the various tenets of the brand, including timeless crafts such as chikankari, zardozi, tilla, and brocade, colours carefully chosen for different occasions, textiles such as velvet and chanderi, as well as silhouettes that are quintessentially House of Pataudi – modern yet rooted, understated yet distinctive. With the festive and wedding vibes already in the season, patrons will get access to a diverse selection of styles for all – pathani kurta and sherwanis for men, sharara, and angrakha for women, alongside traditional footwear and occasion wear for festivals like Diwali as well get a peek into how each and every brand product is crafted.
31, Oct 2023
Natureland Organics lights up this Diwali with their campaign #YeDiwaliSehatWali
New Delhi, 31st October 2023 – Natureland Organics, a leading brand in the organic food industry, is delighted to unveil its latest campaign, #YeDiwaliSehatWali. This campaign is ingeniously crafted to revolutionize the way Diwali, India’s cherished Festival of Lights, is celebrated. The initiative is a clarion call to the public to opt for healthier, 100% natural and organic, unadulterated food products, that are free from pesticides and chemicals. To add to the festivities, Natureland Organics is also offering upto 25% discount on their products.

Diwali is not just a festival; it’s an emotion deeply ingrained in the Indian psyche. It’s a time when families come together, and the air is filled with the aroma of traditional sweets. The exchange of sweets with loved ones is a time-honored tradition that adds a layer of sweetness to the festival. However, this sweetness is often tainted by the alarming prevalence of adulterated food items. According to data from the Food and Consumer Affairs Ministry, between 2018 and 2022, nearly 4.7 lakh food samples were analyzed, and an unsettling 1.2 lakh were found to be non-conforming. Furthermore, last year’s data revealed that out of 1,72,687 food samples examined, 44,421 were non-compliant with FSSAI standards.

“Diwali has always been synonymous with joy, lights, and of course, sweets. Our forefathers celebrated this festival with pure, homemade, and unadulterated sweets. The #YeDiwaliSehatWali campaign is our endeavor to bring back that authenticity and purity. We want to ensure that people celebrate this joyous occasion without any health concerns,” says Mr. Arvind Godara, Managing Director and founder of Natureland Organics.
For a thoughtful and conscious Diwali celebration, Natureland Organics offers a wide range of organic products allowing consumers to curate their customized hampers for their loved ones with various wholesome options like jams, honey, juices, tea, amla candy, cornflakes, dry fruits, quinoa, and more. This not only adds a personal touch to the festivities but also aligns with the campaign’s core message of promoting healthier choices. Additionally, customers can choose a variety of organic products from Natureland Organics to make homemade sweets and snacks using pure ingredients such as kaju, ghee, besan, sugar, flour, and more not only for the health-conscious but individuals with a sweet tooth. Celebrate this Diwali with the essence of wellness and togetherness of organic food.
31, Oct 2023
The Fern Hotels & Resorts Signs New Resort: Planetree The Fern Resort & Spa Chikmagalur Karnataka
The Fern Hotels & Resorts, India’s leading environmentally sensitive hotel chain, is thrilled to announce the signing of its new property, Planetree The Fern Resort & Spa, in Chikmagalur, Karnataka. The company at present operates 5 hotels in Karnataka. This latest addition strengthens the brand’s presence in the region, further underlining its commitment to providing world-class experiences for its guests.
Planetree The Fern Resort & Spa, located strategically in the tranquil environs of Chikmagalur is just 4.30 to 5 hours away from Bengaluru and a mere 2 hours from Shivamogga. With the newly opened Shivamogga airport, the accessibility to this serene location has dramatically increased, attracting visitors from all corners of India. The resort is designed with 70 tastefully decorated rooms, each one equipped with modern comforts and amenities to ensure a pleasant stay for the guests.

Chikmagalur often referred to as the “Coffee Land of Karnataka,” is a paradise for nature lovers. With its verdant greenery, rolling hills, and sprawling coffee plantations, it’s a refreshing escape from city life. Visitors can enjoy picturesque trekking trails, stunning waterfalls, and immersive coffee plantation tours, all while soaking up the region’s rich coffee heritage.
“We are truly excited about this new venture in Chikmagalur,” said Suhail Kannampilly, Managing Director, The Fern Hotels & Resorts. “Chikmagalur holds significant potential in terms of tourism and business. This signing aligns perfectly with our vision of extending our footprint in key domestic markets. We look forward to welcoming guests to Planetree The Fern Resort & Spa and providing them an experience filled with the warmth of our hospitality.”
The signing of Planetree The Fern Resort & Spa is another milestone for The Fern Hotels & Resorts, underscoring their commitment to excellence and growth. With its upscale amenities, commitment to environmental conservation, and picturesque location, the resort is set to become a preferred destination for leisure travelers, conferences, and weddings in the region.
“We are immensely proud to be associated with The Fern Hotels & Resorts, a brand that shares our vision of sustainable and hospitable travel experiences,” says Pawan MR, Partner, Planetree The Fern Resort & Spa. “Our goal is to create a sanctuary where guests can immerse themselves in the natural beauty of Chikmanglur while enjoying the comforts of our thoughtfully designed resort. We envision our resort as a destination where every stay is marked by warm hospitality, environmental responsibility, and unforgettable experiences. We look forward to welcoming guests to Planetree The Fern Resort & Spa and are committed to making their stay a landmark in their journey of memorable travels.”
With the recent addition, The Fern Hotels & Resorts will expand their presence in the Karnataka region, encompassing a total of 7 hotels and resorts, offering over 500 keys. These Fern branded properties in the region include The Fern Belagavi, with 90 keys; Harsha The Fern Shivamogga, offering 88 keys; The Fern Residency Yeshwanthpur Bengaluru with 63 keys; The Fern Residency Vijayapura, boasting 67 keys; The Fern Residency Hubbali, providing 52 keys; and The Fern Residency Seshadripuram, Bengaluru, an upcoming addition to the portfolio, which will have 78 keys.
31, Oct 2023
Ahead of festive season, SMAAASH sets the stage with exciting games and offers
New Delhi, 31st October 2023: With an extensive national following, SMAAASH is a lifestyle and entertainment brand that currently features the most innovative games available. Positioned as an all-encompassing destination for both corporate and family delight, the entertainment facility offers experiential gaming and entertainment experiences.

Currently, SMAAASH is present in 21 Indian cities, with 30 centres dispersed over these areas. The company, which aims to develop full entertainment hubs catering to all age groups, has received acclaim for its twilight bowling zones. With its impending expansion and new ideas, SMAAASH hopes to further solidify its position as India’s top gaming destination. This festive season, the brand has much to offer to the new-age gamers. Kickstarting the festivities this year, SMAAASH is for the first time offering discounts on games. So gaming enthusiasts can go bowling this Diwai and can also get single access to all games.

Commenting on the festive strategy, Avanish Agarwal, Consulting CMO, SMAAASH said, “SMAAASH is a unique gaming and entertainment zone with an ambience that adheres to the concept of redefining sports entertainment experiences. Our centres’ amenities perfectly combine the excitement of their newly added games and unique attractions with the enjoyment of spending time with loved ones. Festival season is equated with joy, exchanging gifts, and making our lives more attractive. We at SMAAASH are excited to take part in these celebrations and improve our clients’ experiences. With these offers, customers have the opportunity to enrich their celebrations.”
In addition, SMAAASH has revealed the True Amateur Bowling Tournament 2023, sparking national excitement and winning over fans of sports. The SMAAASH centres hosted the event, and at the end of this month, all of the centres will host the finals. Customers of SMAAASH across the country have responded overwhelmingly to the True Amateur Bowling Tournament. Teams of children, young adults, business people, working class, and even elderly people who had never competed in a tournament before have come together for this thrilling event. They are now prepared to engage in competition with one another in a sportive culture that honours the passion for sports.
31, Oct 2023
Modicare reinforces its commitment to women’s health with the launch of Well Freedom Period Care range
Mumbai, 31 October 2023: Modicare Limited, one of India’s leading direct-selling companies, expands its Wellness range with the launch of the Well Freedom Period Care range. Tailored to address the specific needs of women’s menstrual health, this innovative product line is designed with ingredients that aim to provide comfort, relief, and emotional well-being during their menstrual cycles.
With an unwavering commitment to women’s well-being, Modicare’s Well brand consistently addresses their distinctive needs and challenges. Offering a diverse selection of world-class women’s health products, the Well range plays an integral role in fulfilling Modicare’s mission of promoting good health for all. With this mission in mind, Modicare has launched the Well Freedom range, with ingredients tailored to support Period Care, providing a comprehensive solution for menstrual discomfort, intended to enhance women’s comfort and confidence during their menstrual cycles.
The range includes three products, Well Freedom Tablets, Well Freedom Powder, and Well Freedom Roll-On. All these products have been clinically tested. The ingredients used in these products are designed to target premenstrual symptoms, menstrual pain, and overall quality of life, offering potential support for various menstrual symptoms. Additionally, Modicare offers Freedom Extreme Comfort Sanitary Napkins as part of this period care range, providing women with a diverse range of choices to support their holistic menstrual hygiene.
Commenting on the launch, Samir K Modi, Founder and Managing Director, of Modicare Limited said, “In the ever-evolving wellness industry, we are witnessing a perceptible shift in the way women’s health is prioritized. There is a growing awareness of the need to address the specific challenges that women face during their menstrual cycles. At Modicare, it has always been our endeavour to prioritize the well-being of women. We understand the importance of providing holistic solutions that empower women to embrace their menstrual health with confidence and comfort. With the launch of Modicare’s Well Freedom range, formulated with ingredients tailored to support Period Care, we reaffirm this commitment by offering simple, yet effective solutions designed to ease menstrual discomfort.”
Here is a closer look at Modicare’s Freedom Period Care range:
Well, Freedom Tablets contain natural ingredients like Chasteberry, Black Cohosh, and Chamomile to help promote hormonal balance and ease PMS symptoms, enhancing mood and reducing discomfort. Key ingredients include Fenugreek Extract known for anxiety management, Black Cohosh and Chamomile known for mood elevation, Chasteberry known to reduce breast tenderness, and Ginger known for menstrual bloating. These clinically tested, hormone-free tablets are priced at MRP Rs. 599/- (for 24 Tablets). Simply take one tablet three times daily with lukewarm water, starting three days before and continuing during menstruation.
Well, Freedom Powder is designed with potent ingredients that help promote hormonal balance, ease menstrual stress, and refresh, rejuvenate, and uplift mood. Chamomile, Fenugreek, and Green Tea blend support mood elevation and help cope with menstrual stress. Lajjalu, Lodhra & Green Tea aid hormonal balance, helps ease muscle cramps, and regulates a healthy cycle. The presence of Ginger Powder helps manage bloating discomfort during menstruation. Well Freedom Powder is free from hormones, has no known side effects, and is easy to consume. Simply mix 1 sachet of 5g tea in 90ml of hot water, drink twice a day, and consume the whole sachet at once.
Well, Freedom Roll On is a unique blend of natural oils that ease cramps and support muscle relaxation during menstruation. Key ingredients like Eucalyptus oil helps reduce pain and inflammation, while Camphor, Pudina (mint), Boswellia Serrata (kundru), and Lavang (clove oil) are known to alleviate discomfort. This roll-on has a non-greasy formula that quickly absorbs into the skin for fast relief. Apply 3-4 times daily or as directed by a physician.
Freedom Extreme Comfort Sanitary Napkins come with revolutionary 5-in-1 technology, featuring 8 layers for superior absorption and premium soft cotton for comfort. Unique side protection ensures balanced absorption. Groundbreaking Anion, Magnetic, Nano Silver, Chitin, and Far Infrared padding enhance anti-bacterial capabilities and comfort. Available in 3 sizes: regular, large, and X-large.
In addition to its period care range, Modicare Limited also offers a range of women-centric products under the brand ‘Well,’ including Calcium Complex for bone health, Cranberry + D-Mannose for urinary tract health, All Plant Protein Powder for overall health, Iron & Folic Acid with Vitamin B12 for blood formation, energy & immunity, and Multivitamin Multimineral for Women. These products reflect Modicare’s commitment to women’s health and well-being, providing holistic solutions for every aspect of their lives.
*All the products under the Modicare range are available for sale across the country through Modicare Consultants
NUTRACEUTICAL. Not for medicinal Use. Store out of reach of children. Not intended to diagnose, treat, cure, or prevent any disease. Not to exceed the recommended usage. Not a substitute for a varied diet. Stated benefits are based on the ingredients used. For more details, please refer to the product label.

