Category Archives: Business

Eyebetes Foundation Launches Awareness Drive on Diabetes-Induced Vision Loss

Prayagraj, 14 February 2025: Underscoring their commitment to combating diabetes-led vision impairment, the Eyebetes Foundation, led by renowned Mumbai-based eye surgeon Dr. Nishant Kumar (a three-time Guinness Record holder), has launched a large-scale charitable health initiative at the Maha Kumbh 2025. This transformative mission is designed to provide life-changing eye care and diabetes screenings to tens of thousands of devotees and frontline personnel attending this sacred event.

With a dedicated team of 100 professionals, Eyebetes Foundation aims to offer free vision and diabetes screenings to over 20,000-30,000 pilgrims and over 5,000 uniformed personnel, ensuring that preventable blindness and undiagnosed diabetes do not hinder the lives of those who have embarked on this deeply spiritual journey.

Founded in 2016, Eyebetes Foundation is driven by a mission to combat two of India’s most pressing health concerns – diabetes and preventable blindness. An estimated 21 million Indians suffer from Diabetes-led vision impairment. To date, the foundation has served over 175,000 people through its free screening and awareness programs, including its widely recognized annual initiative during Mumbai’s 10-day Ganpati festival. Now, at the Maha Kumbh, the foundation sees an unparalleled opportunity to extend its reach and serve those who may not otherwise have access to quality healthcare.

The Maha Kumbh is a sacred confluence of faith, tradition, and devotion, drawing millions of seekers in pursuit of spiritual awakening. Eyebetes Foundation recognizes this gathering as an opportunity not just for prayer, but for profound transformation through service. Located at Sector 23, Arail Ghat, the foundation’s medical camp offers essential healthcare services, including free random blood sugar tests, comprehensive vision screening, AI-powered retinal imaging, prescription glasses for uniformed personnel, bifocal glasses, and UV protection sunglasses for frontline officers.

Understanding the critical role of uniformed personnel in ensuring the safety and order of this grand event, the Eyebetes Foundation is extending its care beyond pilgrims to the very people who protect them. The foundation is conducting dedicated screenings for diabetes, cholesterol, and vision impairments, ensuring that these frontline officers can continue to serve without health-related hindrances.

Speaking on this initiative, Dr. Nishant Kumar, said “Maha Kumbh is a rare and extraordinary gathering of millions for a spiritual purpose, making it the perfect opportunity to provide life-enhancing medical support. Our mission is simple – to ensure that no one suffers from preventable blindness or undiagnosed diabetes. Through this initiative, we aim to connect healthcare with spirituality, reinforcing the idea that service to humanity is the highest form of devotion.”

By integrating medical care into this momentous spiritual gathering, the Eyebetes Foundation aims to touch millions of lives, leaving a lasting impact far beyond the banks of the Sangam. With each screening and every pair of prescription glasses provided, the foundation is turning devotion into action, ensuring that the journey of faith is also one of health and well-being.

Eyebetes – A Movement Against Preventable Blindness & Diabetes

Diabetes is a movement against Diabetes and Preventable Blindness. Since 2016, the year we started Eyebetes, more than 1,70,000 people have directly benefitted from our charitable work receiving free diabetes and cholesterol blood tests, detailed eye examinations to screen for preventable causes of blindness, free custom-made prescription glasses for near, distance, and both near and distance (bifocal glasses).

More than 1.4 million educational leaflets regarding diabetes and preventable blindness have been distributed by our staff, volunteers, and social work partners during our Eyebetes projects and through door-to-door awareness campaigns.

Our work has highlighted the shockingly high prevalence of undiagnosed diabetes in the poorest of slums and villages and amongst our frontline workers – More than 60% of people participating in our Eyebetes projects are undiagnosed pre-diabetics or diabetics.

70% of people in our projects have either never worn glasses or are wearing the wrong prescription resulting in poor vision with more than 30% having a moderate visual disability due to their refractive error. A simple intervention of prescribing the correct prescription glasses has a transformative effect. As far as ‘bang for buck’ is concerned, prescribing and dispensing prescription glasses, custom-made for the individual has been shown to create the largest impact on quality of life across all indices studied.

Since 2016 our work has been supported and scrutinized by some of the largest and most reputed organisations of the country. We adhere to the strictest standards of corporate governance and reporting and have all the regulatory certifications to conduct our charitable work.

We partner with leading organizations like Tata Institute of Social Sciences (TISS), Indian Council of Medical Research (ICMR), and academics from India and internationally to ensure our work adheres to the gold standards and all the data we collect helps raise the knowledge and evidence base to help shape future public policy.

STMicroelectronics Recognized Among Global Top Employers for 2025

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has been recognized for the first time as a global Top Employer for 2025 by Top Employers Institute.

This year STMicroelectronics was one of only 17 global Top Employers to be recognized by Top Employers Institute for their outstanding HR policies and practices worldwide, covering ST entities in 41 countries. The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. STMicroelectronics was distinguished in this ranking thanks to a continuous improvement approach and stands out particularly in the themes of Ethics & Integrity, Purpose & Values, Organization & Change, Business Strategy, and Performance.

“A couple of years ago, we began a people-centric transformation to enhance our leadership culture, simplify and digitalize people processes, with the employee journey and experience as our north star. Achieving the Top Employer Global certification confirms that our efforts are well-directed, and that ST is a place where every talent can thrive, regardless of their career stage or perspective,” said Rajita D’Souza, President, Human Resources & Corporate Social Responsibility, STMicroelectronics.

“We’re excited that STMicroelectronics certified as a global Top Employer for the first time. They have particularly showcased their strengths in areas such as Organisation & Change, Ethics & Integrity, Purpose & Values and Business Strategy. This Certification shows ST’s commitment to creating a better world of work through their HR initiatives and practices, by demonstrating how they support their colleagues across 41 countries,” said David Plink, CEO Top Employers Institute.

The Top Employers Institute survey, followed by validation and audit, covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity & Inclusion, Wellbeing and more. The program has certified and recognized over 2,400 Top Employers in 125 countries/regions across five continents.

Edelweiss Life: 60 Percent of India’s Sandwich Generation Worries About Financial Security

National, February 14, 2025: Focused on offering the best to their parents and children, India’s Sandwich Generation feels unprepared for their future. An Edelweiss Life Insurance study shows that 60% of respondents agree, “No matter how much I save or invest, I feel like it’s never enough for the future.”

Sandwich Generation is defined as individuals between the age of 35 – 54 years, financially providing for two generations of dependents – their aging parents, and growing children. The life insurer, in collaboration with YouGov, surveyed 4,005 respondents in this generation across 12 cities to understand their attitudes, beliefs, and level of financial preparedness.

Sumit Rai, MD & CEO, of Edelweiss Life Insurance, said, “Through our customer interactions over the years, we have closely seen how Sandwich Generation is living in a cycle of caring for their parents and children. They want to enable the essentials like healthcare and education while providing an aspirational life where ‘needs’ don’t come at the cost of ‘wants.’ This is primarily driving their financial decision-making. And, in the process, they often end up relegating their dreams to the background, leaving them feeling they are unprepared for the future.”

With their duty and love for family driving financial decisions, our study indicates financial misalignment or money dysmorphia within this generation (money dysmorphia, simply explained, is feeling unhappy about one’s financial situation). Over 50% agree with varying statements including worrying about running out of money, feeling always behind, and like they are not doing well enough.

“This generation knows their key aspirations and believes to be adequately planned through investments in their preferred product categories. But our study has brought up some curious facts. They display low intent on sticking with these active investments over the next 1 – 2 years. They also have accessed their investments, which are earmarked for pre-defined goals, ahead of time. No wonder they are feeling they are on shaky ground,” Rai added.

Across their top 5 preferred product categories – Life Insurance, Health Insurance, Mutual Funds, Equities, and Bank FDs – less than 60% currently have active investments across categories, and even fewer expect to persist with them over the next 1 – 2 years. On further probing, the study revealed that all these product categories have been prematurely liquidated, meaning accessed before their pre-defined goals were met. While essential needs dictated this liquidation, non-critical needs like vacation, spending during festivities, and more also emerged as the drivers.

This generation’s key aspirations are focused on the child’s future (providing for education and marriage), the healthcare needs of parents, and improving the family’s standard of living. They show reasonably high confidence in financial planning, with 94% saying that they either have a detailed plan or have undertaken some degree of planning. A majority 72% also believe that their investments are linked to specific aspirations.

Yet, 64% said they use some form of credit to fund their short-term needs, while 49% savings. The study indicates that credit coupled with cash/income is allowing them to address critical needs like healthcare and education, but also providing them flexibility to meet non-critical needs like vacation, home renovation, etc.

For long-term aspirations, 79% expect to rely on returns or gains from financial instruments, and 71% on regular future income. It is interesting to note that this generation considers retirement among their top 3 long-term aspirations, a period wherein one stops receiving regular income.

Kilitch Drugs Q3FY25 PAT Soars 222 Percent YoY, Revenue Up 77 Percent

February 14, 2025, Mumbai – Kilitch Drugs Limited, BSE and NSE listed, a leading pharmaceutical company specializing in the manufacturing and distribution of high-quality Parenteral, Injectables, Oral Solids, and Effervescent, announced its unaudited financial results for the quarter and nine months ended 31st December 2024.

The company reported a 222% percent year-on-year(Y-o-Y) remarkable rise in consolidated profit after tax (PAT) for the Q3 FY25 to Rs. 5.61 crores from Rs. 1.74 crores for the corresponding period of the previous year.

The company recorded its quarterly consolidated revenue from operations at Rs. 56.17 crores in Q3FY25, experiencing 77 percent Y-o-Y excellence growth from Rs. 31.79 crores in Q3 FY24. The growth is achieved by continuous efforts to meet steady demand across the globe and will continue further.

Consecutively, the company’s standalone PAT rose by 25% percent, and revenue grew by 56 percent to Rs 6.88 crores and Rs 46.51 crores recorded in Q3 FY25, respectively.

For the nine months ending December 2024 (9MFY25), Kilitch reported an over 42 percent YoY rise in net profit to ₹19.78 crores, compared to ₹13.93 crores in 9MFY24. Revenue from operation for the period increased by 35 percent to ₹125.28 crores from ₹92.46 crores in the previous year.

Commenting on the Q3FY25 performance, Mr. Mukund Mehta, Chairman & Managing Director of Kilitch Drugs said, “We witnessed significant growth in our performance this quarter; revenue from operations grew by 35% on standalone basis. We remain focused on driving sustainable growth and delivering strong returns for our stakeholders.”

MG SELECT Appoints 12 Dealers to Redefine Luxury Auto Retail

National, February 2025: MG SELECT, the recently launched luxury brand channel of JSW MG Motor India, has announced the appointment of 12 dealer partners across India. These dealer partners will elevate the luxury car-buying experience for new-age buyers via 14 MG SELECT Experience Centres (touch points) in 13 cities planned for the first phase of expansion.

MG SELECT is for new-age buyers of ‘accessible luxury’-it includes curated customer experiences that blend sustainability, innovation, and craftsmanship. Customers can preserve the recently unveiled inaugural products of MG SELECT – MG Cyberster, the World’s Fastest MG Roadster, and the MG M9, the Presidential Limousine.

Rajeev Chaba, CEO Emeritus, JSW MG Motor India, said, “MG SELECT represents a new vision for ‘accessible luxury’ in the automotive market. The brand’s refined perspective on products and car ownership journey will enhance the personalised experience and the newly appointed dealer partners will play a key role in driving it forward.”

This appointment of 12 established dealers brings significant strengths to the MG SELECT network. These partners possess experience in the automotive sector, a deep understanding of the luxury market, and a strong reputation for customer service. Their commitment to excellence aligns well with MG SELECT’s vision for accessible luxury.

Reports Highlight Assistive Tech & Flexible Work for Disability Inclusion

New Delhi, India, 14th February 2025: Public policy firm, The Quantum Hub (TQH), and disability rights NGO Youth4Jobs (Y4J) released two new respective reports concerning workplace accessibility for persons with disabilities in India at the India International Centre today. Supported by Zoom, a leading AI-first work platform for human connection, the two reports delved into how the provision of reasonable accommodations for persons with disabilities at the workplace, such as assistive technologies and flexible work, have proven effective in removing infrastructural barriers and enhancing workforce participation. While TQH’s report highlighted best practices emerging from a comprehensive review of Indian and global laws covering workplace accommodation provisions for persons with disabilities, Y4J provided quantitative insights into the state of employment for this demographic in India, through a detailed survey of over 200 employees with disabilities.

The launch event saw academics, civil society, bureaucrats, and the private sector come together to discuss workplace accessibility and inclusion for persons with disabilities. Shri Rajesh Aggarwal, Secretary, and Ms. Manmeet K. Nanda, Joint Secretary, Department of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment, were present as Distinguished Guests, with Mr. Aggarwal additionally delivering the keynote address.

A panel discussion, moderated by leading disability rights activists and the Director of Policy & Programs at TQH Nipun Malhotra, was also held, providing cross-sectoral perspectives on workplace inclusion. Panelists included Manmeet Kaur Nanda (Joint Secretary – Department for the Empowerment of Persons with Disabilities), Rahul Gambhir (Chief Manager and Digital Accessibility Specialist – Union Bank of India), Amar Jain (Co-Founder, Mission Accessibility), P.V. Madhusudhan Rao (Professor, Departments of Design and Mechanical Engineering – IIT Delhi), Jaishankar Natarajan (CEO – India Autism Center), and Madhubala Sharma (Senior Program Manager, Inclusive Experiences and Technologies – Amazon). Zoom’s India Head of Government Relations, Rohit Kumar also facilitated the day’s discussions.

Workspaces, both in India and internationally, have not traditionally been inclusive for persons with disabilities, often hindering their ability to access meaningful and dignified employment. For example, 16% of the world’s population, or 1 in 6 people, experience disability, making persons with disabilities the world’s largest minority group. However, 80% of them are of working age, yet only one-third are engaged in the workforce. In India, the National Statistical Office (NSO) estimated in 2018 that 2.2% of the population experienced disability, a figure significantly below the global average. Other surveys, such as the National Family Health Survey 2019, place the proportion even lower at just 1%. The employment scenario in India is also concerning, with only 22.8% of persons with disabilities employed.

However, the provision of reasonable accommodations, such as assistive technologies and flexible work arrangements, has proven effective in removing barriers and enhancing workforce participation. The two reports deploy distinct methodologies and frameworks to help understand the relationship between reasonable accommodations, workplace inclusion, and dignified employment for persons with disabilities, as detailed in the annexed reports and report overview.

Top leadership from Y4J, TQH, and Zoom also shared their thoughts on the launch of the reports. “These crucial reports, which shed light on workplace accessibility and the role of assistive technologies and flexible work in doing so, can pave the way for stronger, long-term inclusion. Their findings underscore the need for stronger implementation of inclusive policies both at the government and private sector levels. We look forward to the government and private sector embracing these findings to create equitable opportunities for persons with disabilities,” said Meera Shenoy, Co-Founder, of Youth4Jobs.

“We are proud to launch these reports, which highlight the importance of reasonable accommodations, assistive technologies, and flexible work in fostering workplace inclusion for persons with disabilities. By studying global best practices, we provide actionable recommendations for policymakers and businesses. We look forward to engaging with the government and private sector to implement these findings,” said Rohit Kumar, Co-Founder of The Quantum Hub.

“Zoom is proud to support these important research projects highlighting the role of assistive technologies and flexible work in fostering workplace inclusion for persons with disabilities. We believe technology can bridge accessibility gaps, and we encourage the government and private sector to consider these key findings,” said Rohit Kumar, Head of Government Relations, Zoom India.

Celebrate Love with These Heartwarming Audiobooks & Films This Valentine’s Day

The allure of a heartfelt story never fades. From romantic comedies and contemporary romance to queer love stories and more, this Valentine’s Day, you can indulge in a journey with love stories that tug at your heartstrings and spark the imagination. Audible India’s 2024 wrap highlighted that romance was one of the most listened-to genres among Indian listeners. Whether you’re seeking a lighthearted listen or a love story with a twist, these audiobooks and films, with performances from top celebrities, will have you feeling all the emotions this season. So, get ready to be swept away this Valentine’s Day with emotions, surprises, and unforgettable sagas, and let the magic of love unfold!

TO LISTEN

Mine and Yours (Season 2)

Service: Audible

Love, commitment, and a dash of chaos—Mine and Yours (Season 2) is the perfect listen for Valentine’s season. Jaiveer (Nakuul Mehta) and Priya (Sayani Gupta) have had a blissful live-in relationship for three years, but their world is turned upside down when Priya’s ex-girlfriend, Rashi (Kubbra Sait), moves in for a month. As old sparks reignite and jealousy brews, Jaiveer and Rashi find themselves in an unexpected rivalry for Priya’s heart. This love triangle is as compelling as it is unpredictable—tune in on Audible now!

Upon release of the show, Nakuul Mehta said, “When we started with rehearsals and reading, [our chemistry] was organic. But at the end of a scene, [we had to depict] a kiss. Visually, you know [how to depict it], but a kiss on the mic [was new for me] and I went all out. Mantra [director] burst out laughing, saying that it was not supposed to be a French kiss. Toning it down and making it subtle was a learning point.”

Permanent Roommates: He Said, She Said (Season 2)

Service: Audible

‘Permanent Roommates: He Said, She Said (Season 2)’ is just what you need if you’re looking to tune into something for Valentine’s Day! Starring Sumeet Vyas (as Mikesh) and Nidhi Singh (as Tanya), this Audible Original takes you back to the very beginning of their love story—their first meeting, first kiss, and the unexpected journey that turned them into everyone’s favourite couple. As they reflect on their whirlwind romance, you’ll be swept up in the nostalgia, laughter, and heartfelt moments that make love truly special. Whether you’re single or taken, this one’s bound to make you believe in the magic of serendipity!

Misdirected

Service: Audible

This Audible Original brings together all the romance, drama, and sizzling chemistry you could ask for. Here, Bridgerton fame Nicola Coughlan plays Hattie Murton, who never planned on TV stardom, let alone being thrown into a scandalous on-screen affair with Anthony Rafe (Gwilym Lee)—the brooding A-lister she can’t stand. But when their fictional romance starts feeling all too real, sparks fly in ways neither of them expected. With witty banter, electric tension, and a love story that blurs the lines between reel and real, this is one audiobook you won’t want to miss.

Desi Down Under

Service: Audible

Desi Down Under is a heartwarming mix of romance, adventure, and self-discovery set against the stunning backdrop of Sydney. Childhood besties Devan (Adarsh Gaurav), Meenu (Prajakta Koli), and her twin brother Rahul (Taaruk Raina) take their first-ever trip abroad, but for Rahul, the journey becomes more than just sightseeing. When he meets Taylor, a free-spirited Italian, love and commitment take center stage, pushing him to face his fears in the most unexpected ways. With laughter, emotions, and a splash of romance, this podcast is all about embracing love and the courage to be yourself.

On the release of Desi Down Under, Prajakta said, “It was an entirely different experience, very new and very challenging for sure. It was my first-ever audio show, so, I did not know what to expect…It is quite daunting, it is quite nerve-wracking to be in a studio by yourself, trying to imagine that you’re in Australia, surfing on a beach watching other people face the waves.”

TO WATCH

Loveyapa

Released theatrically last week, this film is a rom-com that takes a modern look at relationships in the digital age. When Gaurav (Junaid Khan) and Baani (Khushi Kapoor), a couple set to marry, are forced to swap phones for 24 hours, their near-perfect world comes crashing down. Secrets spill, trust is tested, and the very foundation of their love is shaken. Can they overcome the truth and rebuild what they once had, or is it too late? It will have you questioning what you know about relationships today.

Mere Husband Ki Biwi

Set in the city of Delhi, this film chronicles the life of Ankur (Arjun Kapoor), a man caught in a whirlwind of love, fate, and some truly unexpected twists. With his ex-wife, Prablin (Bhumi Pednekar), having forgotten their divorce due to an accident, and his new girlfriend, Prabhleen (Rakul Preet Singh), adding even more chaos to the mix, Ankur finds himself stuck in the middle of a laugh-out-loud love triangle. It is the perfect watch for a fun, feel-good Valentine’s Day! Catch it in theatres if you can.

Laila Majnu

Service: Netflix

This movie reimagines the timeless tale of unrequited love in a modern Kashmir setting, giving the classic folk story a contemporary perspective. Laila (Tripti Dimri), a young woman seeking her first kiss, and Kais (Avinash Tiwary), a charming yet troubled man, fall deeply in love but face societal pressures and family conflicts that keep them apart. Years later, their paths cross again, rekindling a passion that leads to tragedy, with Kais slowly descending into madness. A perfect soul-stirring VDay watch.

The Idea Of You

Service: Amazon Prime Video

If you’re looking for a top-notch, heartwarming romance this Valentine’s Day, The Idea of You is the perfect pick. Starring Anne Hathaway as Solène, a 40-year-old single mom, and Nicholas Galitzine as Hayes, the 24-year-old heartthrob from the world’s biggest boy band, the film beautifully explores a romance that defies age and expectations. Their whirlwind connection is as intense as it is unexpected, and it’s bound to leave you swooning. A contemporary love story that’s as emotional as it is captivating – this one’s a must-watch for your Valentine’s Day!

Bonjour Launches ‘Week of Love 7 Days, 7 Moments’ Campaign to Celebrate Valentine’s Day FeelTheLoveWithBonjour

National, 14th February 2025 – Bonjour Socks, India’s leading socks brand, is set to spread warmth and affection this Valentine’s Day with its latest campaign, ‘Bonjour’s Week of Love: 7 Days, 7 Moments.’ The campaign, launching across digital and social media platforms, celebrates the joy of love through everyday moments, beautifully woven together with the comfort of Bonjour’s signature socks.

At the heart of the campaign is a 15-second video capturing an intimate and cozy indoor moment between a couple, showcasing the warmth of love and companionship. The highlight of the video is the couple’s matching Valentine’s socks, seamlessly integrating Bonjour’s premium product into their tender interaction. Through this campaign, Bonjour aims to illustrate how small gestures like gifting a pair of comfortable, stylish socks—can enhance moments of connection and togetherness.

Speaking about the campaign, Mr. Rajkumar Jain, Managing Director of Bonjour Socks, said, “Valentine’s Day is about celebrating love in its simplest yet most meaningful ways. With ‘Week of Love: 7 Days, 7 Moments,’ we wanted to showcase how even the smallest details, like a cozy pair of socks, can bring two people closer. Bonjour’s products are designed to deliver comfort, warmth, and style making them a perfect gift for this special occasion.”

The campaign will roll out in the lead-up to Valentine’s Day, featuring engaging content that highlights love in all its forms—whether it’s a shared cup of coffee, a lazy Sunday morning, or a spontaneous dance in the living room. Bonjour invites everyone to join the celebration by sharing their special moments using #FeelTheLoveWithBonjour on social media.

Jindal (India) Ltd Hosts ‘Milaap’ in Surat, Eyes Regional Expansion

Surat, Gujarat, 14 February 2025: Jindal (India) Limited, part of the prestigious B.C. Jindal Group one of the leading downstream steel products manufacturers in India, successfully hosted Milaap, a retailers meet, in Surat, Gujarat. The event, attended by senior company officials, was organized to engage and interact with leading retailers in the region.

The Milaap initiative is in line with Jindal (India) Limited’s endeavor to further fortify its foothold in the region and expand its geographical presence across India. The meet in Surat was organized in collaboration with the company’s authorized dealer V.K. Steel and was attended by nearly 80 retailers.

In line with Jindal (India) Limited’s strategy to further strengthen its geographical presence across India, the company, at the event, showcased its range of advanced coated steel products, each designed to meet the specific demands of various industries while ensuring high performance and durability. Among these was Jindal Sabrang, an offering from Jindal (India) Limited that redefines the aesthetics of steel by introducing a vibrant array of color-coated options with exceptional corrosion resistance in outdoor applications.

In addition, the company apprised the retailers about Jindal NeuColor+, a range that represents the pinnacle of premium coated steel products, offering a combination of advanced technology, aesthetic versatility, and long-lasting durability. The product offering from Jindal (India) Limited, is engineered with a special coating process that makes the steel sheet exceptionally resistant to corrosion and color fading.

“Jindal (India) Limited has a strong presence in the Eastern and Southern markets of India and aims to expand further in these areas while also growing in the Northern and Western parts of the country. The Milaap Retailer Meet helps us educate and generate awareness about our high-quality and innovative products, including coated sheets, which are in high demand in the Surat market,” said a Jindal (India) Limited spokesperson.

As part of this initiative, Jindal (India) Limited’s representatives also discussed the company’s plans for the region, gathered first-hand feedback from the retailers, and addressed any challenges that they may be facing. This proved beneficial to Jindal (India) Limited to network with the retailer partners driving growth across the region for the company and further strengthening the company’s position as a trusted and evolving company.

Since its inception, Jindal (India) Limited has been committed to nation-building initiatives, strongly supporting the Government of India’s push for modern infrastructure.

Recently, the company also announced a strategic capacity expansion of 0.6 Million MT, a 60 percent increase from its current capacity of 1 Million MT per annum with a capex spend of over INR 1,500 Crore. This expansion will primarily focus on new lines for coated flat products, allowing Jindal (India) to increase production of cits urrent range of products, diversify into new segments like solar and home appliances, and contribute to import substitution, reinforcing its commitment to innovation and growth.

Muthoottu Mini Kicks Off Lucky Draw Contest to Reward Gold Loan Customers

Kochi, 14 February 2025: Muthoottu Mini Financiers Ltd. (Muthoottu Yellow) has announced a Lucky Draw Contest for customers availing gold loans, offering them a chance to win smartwatches, home appliances, and other exciting prizes. The contest, open until March 31, 2025, aims to strengthen customer relationships and make credit more accessible to those in need of quick financial support.

With a focus on small business owners, daily wage earners, and entrepreneurs, Muthoottu Mini is offering small-ticket gold loans at low interest rates to help customers manage their financial needs without strain. The initiative is expected to generate over ₹150 crore in business, reinforcing the company’s commitment to financial inclusion.

“Gold loans have long been a trusted financial tool, and through this initiative, we aim to make borrowing even more rewarding for our customers,” said Shri P.E. Mathai, CEO, Muthoottu Mini Financiers Ltd. “Beyond just providing credit, we want to offer convenience, flexibility, and a seamless borrowing experience that truly benefits our customers.”

In addition to the Lucky Draw Contest, Muthoottu Mini offers customers a range of hassle-free digital loan services, including:

· Instant loan disbursal directly into the customer’s bank account.

· Online renewal and repayment options for seamless loan management.

· Relax Gold Loan – No change in the interest rates for the entire tenure.

· Super EMI Loan – A flexible repayment plan that allows customers to pay back their gold loan in instalments.