Category Archives: Business

Narayan Seva Sansthan’s First Modular Artificial Limb Camp in Guwahati on May 12

Guwahati, 10th May 2024: National Award-winning renowned NGO, Narayan Seva Sansthan from Udaipur, Rajasthan is organizing ‘Free Artificial Limb Camp for the Welfare of Differently-Abled’ for the first time in Guwahati, Assam. The event will be held on Sunday, May 12 at Aashi Apsara Hall, Paltan Bazaar, Guwahati.

The Director Trustee of the Sansthan, Devendra Chaubisa, revealed Sansthan’s steadfast commitment to liberating individuals who have become Differently-Abled due to accidents or illnesses, freeing them from a life of disability. Inspired by the vision of Padma Shri awardee and founder Kailash Manav, Sansthan has been serving humanity for the past 39 years. With a resolution to assist the differently-abled individuals in Assam, a large-scale free Narayan Artificial Limb Measurement Camp will be held at Aashi Apsara, GS Road, Manipuri Basti, Paltan Bazaar, Guwahati, from 8 am to 6 pm on Sunday, May 12th. The camp will be officially inaugurated by Assam Governor Shri Gulab Chand Kataria at 9 am on May 12.

Chaubisa explained during the press conference held at the Press Club that during the camp, the specially trained and experienced prosthetic and orthotics doctors’ team from Sansthan will assess the differently-abled patients. They will conduct organized casting for lightweight and durable artificial limbs, taking precise measurements. Approximately two months later, Sansthan will organize a modular artificial limb distribution camp to provide them with a free fitting.

He mentioned that registrations for more than 625 individuals have been completed thus far, with an expectation of attendance from over 800 people at the camp.

The camp coordinator and in-charge, Achal Singh Bhati, informed that the patients and their families attending the camp will be provided with complimentary meals, tea, and snacks. During this event, the Sansthan’s authorities unveiled the camp’s poster. Bhati also mentioned that distinguished personalities and various community groups from Guwahati have been invited. More than 30 organizations, including the Marwari Sammelan of Northeast, Marwari Youth Forum of Northeast, Shri Guwahati Goushala, Agrawal Sabha, Maheshwari Sabha, Shwetambar Jain Terapanth Sabha, all their Women’s Wings, Shri Digambar Jain, Rotary Club, Haryana Charitable Trust, Bihar Foundation, Brahmin Sabha, Shri Guru Singh Sabha, and others, are affiliated with Sansthan as voluntary partners.

Bhagwan Prasad Gaur, the Media and Public Relations Officer of Sansthan urged the differently-abled individuals to avail maximum benefits by participating in this camp. He emphasized that those interested in participating should bring their Aadhaar card, disability certificate, and two photos showcasing their disability.

Since 1985, Narayan Seva Sansthan has been working with the ethos of ‘Serving Humanity is Serving the Divine’ (Nar Seva, Narayan Seva). The founder, Kailash Manav, was honored with the Padma Shri award by the President of India for his exemplary service to humanity. Under the leadership of President Prashant Agarwal, Sansthan has strengthened millions of differently-abled individuals mentally, physically, and financially through medical, educational, skill development, and sports academies, integrating them into mainstream society. In the year 2023, Prashant Agarwal was conferred with the National Award for his outstanding contributions. Sansthan has facilitated over 41,200 artificial limb fittings to date. Now, Sansthan is committed to providing free artificial limbs to differently-abled individuals in Assam, aiming to restart their stalled lives on a significant scale.

IFFCO & Marut Drones Tie-Up for Drone Spraying Over 5 Lakh Acre Farm Land in AP & Telangana

10th May 2024 Hyderabad: In a significant move towards revolutionizing agricultural practices in India, the Indian Farmers Fertilizer Cooperative Limited (IFFCO) has entered a strategic partnership with Marut Drones to undertake drone spray operations across an extensive area spanning up to 5 lakh acres. This collaboration marks a pivotal step towards enhancing agricultural productivity and efficiency in the states of Andhra Pradesh (AP) and Telangana.

Under the terms of the agreement, Marut Drones will be employing state-of-the-art drone technology to administer a range of agricultural inputs developed by IFFCO Agri-products. This initiative aims to optimize crop yields while minimizing environmental impact, ultimately contributing to sustainable agricultural practices.

One of the key highlights of this tie-up is the creation of demand for rural entrepreneurs who have already invested in drone technology. By providing drones as a service (DAAS) for farmers, this collaboration empowers local communities and fosters self-employment opportunities. Additionally, individuals keen on acquiring agricultural drones can avail themselves of government subsidies, facilitating their participation in the initiative and enabling them to offer drone services to farmers on a pay-per-acre basis.

DAAS enables farmers to access drone technology through rural drone entrepreneurs at a per-acre cost, ensuring affordability and accessibility even for small-scale farmers. Furthermore, drone owners and service providers can enroll with Marut to receive incentives for spraying IFFCO products on every acre.

Commenting on the partnership, Co-founder and CEO of Marut Drones Prem Kumar emphasized the transformative role of technology in modern agriculture stating, “This collaboration signifies a paradigm shift in farming practices, allowing farmers to minimize direct contact with pesticides, thereby safeguarding their health. Furthermore, the utilization of drones addresses labor shortages by completing tasks in a fraction of the time it would take manually, significantly enhancing operational efficiency.”

The IFFCO & Marut Drones tie-up underscores a shared commitment to innovation and sustainability in agriculture, paving the way for a more prosperous and resilient farming ecosystem. By harnessing the power of drone technology, this collaboration seeks to empower farmers, drive economic growth, and ensure food security for future generations.

Lotus Electronics Presents: Celebrate Mother’s Day with the Twin & Win Contest

10th May 2024 – Lotus Electronics, the largest electronics retail chain in Central India, is thrilled to announce an exciting opportunity to celebrate Mother’s Day with our “Twin & Win” contest! This heartwarming contest invites participants to twin with their moms by wearing matching outfits and stand a chance to WIN a fabulous hair dryer!

How to Enter:

• Twin with Mom: Get creative and coordinate matching outfits with your mom to showcase your special bond.
• Capture the Moment: Take a photo together flaunting your matching attire and smiles.
• Share on Social Media: Share your heartwarming photo on your Instagram or Facebook story and tag @lotuselectronics to complete your entry.

Terms & Conditions:

• The “Twin & Win” contest is a digital initiative hosted by Lotus Electronics.
• Campaign Duration: May 5th – May 12th, 2024.
• To participate, post your picture on Instagram or Facebook story mentioning @lotuselectronics.
• 5 lucky winners will be selected via a random lucky draw to receive an exclusive hair dryer.
• Join us in celebrating the cherished bond between mothers and their children with Lotus Electronics’ “Twin & Win” contest. Don’t miss this opportunity to win exciting prizes and create unforgettable memories with your mom!

Celebrate Motherhood with Love-Infused Brunch at Coriander Kitchen, Conrad Pune

This Mother’s Day, Conrad Pune invites families to honor the extraordinary women in their lives with a delightful celebration at Coriander Kitchen. On May 12th, from 12:30 PM to 4:00 PM, guests can treat their mothers to a sumptuous brunch experience where every dish is crafted with love as the secret ingredient.

Coriander Kitchen, renowned for its culinary excellence and inviting ambiance, sets the stage for an unforgettable Mother’s Day celebration. Nestled within Conrad Pune’s luxurious premises, the restaurant offers a perfect blend of sophistication and warmth, providing the ideal backdrop for honoring mothers in style.

A sumptuous spread with a variety of delicious foods expertly prepared by the skilled culinary crew is available for guests to enjoy. Every dish, from the delectable appetizers to the tempting main courses and rich desserts, is made with love and attention, guaranteeing a sensory-pleasing culinary experience. Laughter and happiness flood the air as families get together around the table to create priceless moments that will be remembered for years to come. The brunch at Coriander Kitchen offers an experience that embraces the spirit of motherhood, whether it’s a poignant toast to mothers, sharing stories of cherished moments, or just spending time together.

Join Conrad Pune in celebrating motherhood and expressing gratitude to the extraordinary women in our lives with a brunch experience filled with love, warmth, and culinary delights.

GROWTH CORRIDOR by R&R, an independent research division of RISE Infraventures Limited

New Delhi, 9th May 2024: Northern India is fast becoming the hot bed of the premium and affordable residential market. As one moves a little ahead of Delhi, the once-sleepy stretch between Sonipat and Panipat, is now emerging as the growth corridor of sorts for the real estate sector.

The recent survey by R&R stressed that one of the key drivers of the real estate market in Sonipat-Panipat is its proximity to the national capital, Delhi. Being situated in the National Capital Region (NCR), these cities have benefitted from the spillover effect of Delhi’s rapid urbanisation and population growth.

Vishesh Prakash, Head, R&R, shares, “Many people, especially working professionals, are looking for that suit their need, looking for holistic and affordable housing options outside Delhi, and Sonipat-Panipat offer relatively competent property prices compared to the national capital. Infrastructure development has played a crucial role in shaping the real estate landscape of Sonipat and Panipat. The region has witnessed the development of highways, expressways, and other transportation networks, which have improved connectivity and accessibility. The Kundli-Manesar-Palwal (KMP) Expressway and the Eastern Peripheral Expressway have significantly reduced travel time between Sonipat-Panipat and other parts of the NCR, making it an ideal destination for real estate investment.”

While Panipat’s geographical positioning as a transit hub ensures excellent connectivity to northern states, making it an attractive destination for businesses, industries, and professionals seeking well-connected cities for work and living; for Sonipat, an industrial agglomeration in the vicinity provide a conducive environment for real estate growth in the area, both residential and commercial.

The establishment of industrial corridors and special economic zones (SEZs) in Sonipat-Panipat stretch has also led to an influx of industries and businesses, which has created employment opportunities and stimulated housing demand.

Residential real estate development in Sonipat-Panipat has primarily focused on providing affordable housing options to middle-income homebuyers. Gated communities, integrated townships, and affordable housing projects have proliferated in the region to cater to the housing needs of the burgeoning population. Additionally, there has been a rise in demand for plotted developments and independent houses, especially among those looking for more space and customisation options.

In fact, even the commercial real estate sector in Sonipat-Panipat is witnessing steady growth, driven by the demand for office spaces, retail outlets, and commercial complexes.

Situated in the National Capital Region (NCR) of India, Sonipat-Panipat enjoys proximity to Delhi, which is a major driver for its real estate market. The strategic location offers easy access to the national capital and its economic opportunities while providing a relatively quieter and more affordable living environment compared to Delhi.

Besides, Government policies promoting urbanisation, industrial growth, and infrastructure development play a significant role in shaping the real estate market in Sonipat-Panipat. Initiatives such as ‘Housing for All’ and incentives for affordable housing projects provide impetus to the sector and encourage investment.

With all this and a lot more planned for the region, Sonipat-Panipat region can definitely be termed as the growth corridor for the real estate sector in India.

High Five:

1. Sonipat-Panipat’s proximity to Delhi, the national capital, and its location within NCR make it a highly strategic investment destination.

2. The region has witnessed significant infrastructure development, including new highways, expressways, and dedicated freight corridors.

3. The establishment of industrial corridors, special economic zones, and manufacturing clusters attract businesses to the region.

4. The region offers relatively affordable housing options than Delhi-NCR, making the region an attractive destination for homebuyers.

5. Government initiatives supporting urbanisation, infrastructure development, and industrial growth make it a potential hotspot.

Myntra unveils its latest brand campaign ‘Trend IRL’ with Kiara Advani, spotlighting real-life trendsetters

Bengaluru 9th May 2024: Myntra, one of the leading fashion, beauty and lifestyle e-commerce destinations, has announced the launch of its new brand campaign, ‘Trend IRL (In Real life)’, featuring Indian actress Kiara Advani. The campaign celebrates the real-life trendsetters, who with their trending fashion from Myntra inspires others around them to be more fashionable, enabling them to ‘Trend in Real Life’, and solidifies the brand’s position as the ultimate destination for the latest trends. As part of the campaign, Kiara features in two films, showcasing the wide range of trends across women’s ethnic and western wear available on the platform.

Over the years, Myntra has strengthened the platform to offer trends to the fashion-forward consumers. Myntra’s TrendNxt, an initiative designed to redefine how customers engage with fashion trends, brings several exciting in-app experiences aimed at enhancing trend discovery. With a dedicated bottom navigation on the app leading to the TrendNxt landing page, users can dive into editorials, listicles, and featured trends and enjoy a personalized experience. The platform refreshes new trends every week, currently offering 50,000+ trending styles to customers to always be at their trendiest best.

Kiara’s continued association with Myntra, as the platform’s brand ambassador, stems from her embodiment of the brand’s ethos and her status as a fashion trendsetter. With her consistently impeccable fashion sense that serves as inspiration to many, she seamlessly aligns with the campaign’s core message of empowering everyone to ‘trend in real life.’

The campaign features a series of films spotlighting various trends, from ruffle dresses to corpcore in western wear, and from ready-to-wear sarees to summer sharara sets in ethnic wear, reinforcing Myntra’s position as one of the trendsetting leaders.

TVS SCS wins new Business Deal for Eicher’s Bus Facility in Baggad

Mumbai, May 09, 2024: TVS Supply Chain Solutions Limited (NSE: TVSSCS, BOM: 543965), a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has won a new business contract from VE Commercial Vehicles (VECV) for managing their in-plant warehousing and logistics function at their Eicher bus factory located in Baggad, Madhya Pradesh.

VECV is a leading manufacturer of commercial vehicles and associated with TVS SCS since 2006 for in-plant logistics operations for their Truck plant in Pithampur, Madhya Pradesh. The new deal for VECV’s bus plant is for a period of three years. This two-decade strong partnership has helped to create over 1200 job opportunities in Madhya Pradesh.

Commenting on the new contract, Mr. K. Sukumar, CEO, TVS Supply Chain Solutions India, said, “We are delighted to further strengthen our partnership with VECV by extending our services to their bus plant operations. This win is a testament to our process driven approach and reflects our commitment to delivering exceptional services through tech enabled solutions. We are confident that our capability to provide end-to-end solutions will improve the production efficiency to our customer.”

Mr. B Srinivas – EVP, VE Commercial Vehicles, said, “The extension of our business opportunity to TVS SCS at our VECV Baggad plant underscores the shared commitment of both companies to achieving strategic objectives and desired outcomes, further solidifying the foundation for continued growth and operational excellence.”

In-plant logistics services for the Baggad bus plant comprise seamless inward operations for timely receipt of parts; efficient storage and picking of parts from defined locations based on the Production Planning Control (PPC) team; and delivering parts to designated assembly lines based on the Bill of Material (BOM), ensuring a steady flow of materials to maintain the efficiency in the production line.

Kanodia Group sets stage for a new era of luxury living in Sector-46, Gurgaon

Delhi-NCR, 9th May 2024: Situated at the heart of city of Gurgaon, Sector 46 is one of the most prime prime residential localities, drawing the attention of developers and global investors alike. Recognising the immense potential of location, top-seeded realty players are venturing into this promising location with their upscale projects. Among them, Kanodia Group has already taken a lead and announced its ambitious expansion in the area.

Sector 46 offers a blend of convenience and luxury living with its proximity to key landmarks like Medanta Hospital, IKEA’s largest upcoming project in the country, leading educational institutions, and easy access to major roads such as Sohna Road and NH48 and Golf Course Road. The locality is also well-connected to the metro network via Huda Metro Station, ensuring ease of commute for residents.

Kanodia Group, a distinguished business conglomerate, has recognised the potential of Sector 46 and recently acquired a prime 1.74-acre land parcel in this thriving locality for approximately INR 153 crore. Commenting on the acquisition and the choice of Sector 46,

Mr. Gautam Kanodia, Co-Founder of Kanodia Group said “Sector 46 in Gurgaon is strategically located, offering a perfect blend of urban convenience and serene living. Its proximity to key landmarks, excellent social infrastructure, and connectivity options make it an ideal choice for our upcoming luxury project. We aim to redefine luxury living in the NCR market with this project, setting new standards in design, amenities, and overall experience.”

Kanodia Group plans to generate revenue exceeding INR 1000 crore from this project, scheduled to be launched by the end of this year and completed within 48 to 60 months. The Group’s commitment to excellence is further underscored by its investment of over INR 5000 crore in the real estate sector over the next 5-7 years, with a focus on launching projects with a global outlook.

The land acquired by Kanodia Group is strategically located near Medanta Hospital and Huda City Centre Metro station, enhancing its appeal to prospective residents.

With a vision to establish itself as a leading real estate player in the region, Kanodia Group aims to offer homebuyers unparalleled living experiences. Kanodia Group’s entry into Sector 46, Gurgaon, marks a significant milestone in the real estate landscape of the region. With a legacy of delivering premium projects that redefine luxury living, Kanodia Group is poised to elevate the standards of upscale living in Sector 46. The group’s meticulous planning and attention to detail, combined with its commitment to innovation and customer satisfaction, are set to create a benchmark for luxury real estate in Gurgaon.

Lam Research to Foster a Semiconductor Fabrication Equipment Supply Chain Ecosystem in India

Bengaluru, India – May 9, 2024 – Lam Research Corp. (Nasdaq: LRCX) today announced its plans to expand its global semiconductor fabrication equipment supply chain to include India. The company is assessing capabilities across various supply chain segments and is exploring India-based suppliers who can collaborate to fulfil the need for precision components, custom parts, high purity gas delivery systems and other assemblies that go into cutting-edge semiconductor wafer fabrication equipment.

The global semiconductor industry is expected to grow to $1 trillion in annual revenue by the end of this decade, according to experts. Lam continues to focus on fostering a strong, resilient, and geographically diverse supply chain to address current and future demand. This announcement is part of Lam’s ongoing efforts to cultivate a more resilient supply chain through strategic expansion in the region.

As demand for semiconductors increases, there is an even greater need for collaboration and global engagement of expertise, intellectual property, materials, and talent. Lam has a “close to customer” strategy that drives collaboration with thousands of suppliers around the world. This helps build resilience against region-specific supply chain issues and prevent supply bottlenecks. Lam has been operating in India for more than 20 years, benefiting from its prime location close to customers in Asia.

“At Lam, we believe that collaborative supply chain relationships are key to fostering innovation and the best service for our customers,” said Karthik Rammohan, group vice president and head of global operations at Lam Research. “Leveraging the infrastructure and talent of our India Center of Engineering, our new proactive initiative to drive supply chain growth in India also has the capacity to contribute to improved performance, sustainability, and enhanced capabilities for our customers regionally and across Asia.”

“We are proud to be expanding our supply chain in India,” said Rangesh Raghavan, corporate vice president and general manager at Lam Research India. “By enhancing Lam’s strong global supply infrastructure with capabilities from local suppliers, integrators and other strategic providers, we look to enhance the flexibility of our supply chain, while further supporting the semiconductor ecosystem in India, where Lam has been a proud leader for more than two decades.”

India’s leading SaaS Fintech firm, Zaggle announces re-appointment of Avinash Ramesh Godkhindi as the MD & CEO

May 09, 2024 – India’s leading SaaS Fintech firm, Zaggle Prepaid Ocean Services has recently announced the re-appointment of Mr Avinash Ramesh Godkhindi as the Managing Director and Chief Executive Officer.

Mr. Godkhindi has been at the helm of Zaggle since February 2012, demonstrating exceptional leadership as the Co-Promoter, MD & CEO. Under his guidance, Zaggle has emerged as one of India’s few profitable SaaS FinTech companies, achieving a successful IPO in September 2023. Prior to his tenure at Zaggle, Mr. Godkhindi played a pivotal role in launching and managing the Citibank PremierMiles credit card in India as the Product Head for PremierMiles.

Mr. Godkhindi, an esteemed International FinTech & Payments Leader, brings with him over two decades of extensive experience across 12 countries spanning 5 continents. He has worked in various capacities including product, sales, marketing, strategy, technology, and operations roles. He has held key positions at esteemed financial institutions such as Citibank, Barclays, and ING Bank, as well as leading finTech companies such as Misys, and NIIT Technologies.