2, Jan 2024
Snowman Logistics expands its operational capacity in North East, India
Mumbai, January 02, 2024: Snowman Logistics Limited (BSE: 538635 | NSE: SNOWMAN), a leading cold chain and integrated temperature-controlled logistics service provider in India, has initiated operations at a newly leased multi-temperature-controlled warehouse in Guwahati, Assam. The total capacity of the warehouse is 5,152 pallets and this facility features eight chambers and four loading bays, equipped with the latest infrastructure. Specifically designed to accommodate products from ambient temperatures to minus 25 degrees Celsius, the warehouse will primarily focus on providing storage, handling and transportation services for ice cream, poultry, ready-to-eat food, dairy products, confectionery, bakery products, seafood, fruits and vegetables. Other products include pharmaceuticals, specialised chemicals and various commodities.
Mr. Sunil Nair, CEO, Snowman Logistics said “The inauguration of our latest facility in Guwahati signifies a momentous achievement for Snowman Logistics. This establishment marks our initial venture into a fully leased cold storage facility, aligning with our strategic move towards becoming asset-light. With this expansion, our overall pallet capacity has soared to an impressive 1,41,000+ pallets, strategically distributed across 20 cities, thereby expanding our foothold in Northeast India.
Snowman Logistics has garnered extensive expertise in the storage, handling, and transportation of diverse products, spanning the food, healthcare, pharmaceuticals, and specialized chemicals sectors. Our commitment to innovation is evident through the incorporation of technology-enabled facilities and platforms. This, coupled with our unwavering dedication, allows us to consistently provide tailor-made solutions that cater to the dynamic needs of the industries we serve.
As an organization, we take pride in setting industry operating benchmarks. Our ability to seamlessly adapt to the rapidly evolving requirements of our customers is a testament to our agility and commitment to excellence. With the inauguration of the Guwahati facility, Snowman Logistics reinforces its position as a leader in the logistics industry, poised to continue its journey of growth and innovation.”
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- By Rabindra
2, Jan 2024
Alembic Pharmaceuticals Received 8 USFDA Approvals in Q3FY24
2nd January 2023, India: Alembic Pharmaceuticals Limited (Alembic) announced that it has received US Food & Drug Administration (USFDA) approvals on eight of its Abbreviated New Drug Application (ANDA) in Q3FY24.
The Company has received five final approvals that includes Selexipag Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg and 1,600 mcg, Dapsone gel, 7.5%, Fluorouracil Injection USP 5g/100mL (50 mg/mL), Pharmacy Bulk Package (Vial), Carmustine for Injection USP 100 mg/vial (Single-dose Vial) and Acyclovir Cream, 5%. The Company has also received three tentative approvals that includes Rivaroxaban Tablets USP, 2.5 mg, 10 mg, 15 mg, and 20 mg, Dapsone gel, 7.5%, Bromfenac Ophthalmic Solution, 0.07%., and Osimertinib Tablets, 40 mg and 80 mg.
Selexipag Tablets, 200 mcg, 400 mcg, 600 mcg, 800 mcg, 1,400 mcg and 1,600 mcg with brand name Uptravi Tablets of Actelion Pharmaceuticals US, Inc. the medication is indicated for the treatment of pulmonary arterial hypertension (PAH, WHO Group I) to delay disease progression and reduce the risk of hospitalization for PAH.
Rivaroxaban Tablets USP, 2.5 mg, 10 mg, 15 mg, and 20 mg with brand name of Xarelto Tablets of Janssen Pharmaceuticals, Inc. Rivaroxaban tablets are indicated to reduce the risk of stroke and systemic embolism in patients with nonvalvular atrial fibrillation. It is also used for the treatment of deep vein thrombosis (DVT), pulmonary embolism (PE), for the reduction in the risk of recurrence of DVT and/or PE in patients at continued risk for recurrent DVT and/or PE after completion of initial treatment lasting at least 6 months. These tablets also used for the prophylaxis of DVT, which may lead to PE in patients undergoing knee or hip replacement surgery and for the prophylaxis of venous thromboembolism (VTE) and VTE related death during hospitalization and post hospital discharge in adult patients admitted for an acute medical illness who are at risk for thromboembolic complications due to moderate or severe restricted mobility and other risk factors for VTE and not at high risk of bleeding. These tablets also used in combination with aspirin, is indicated to reduce the risk of major cardiovascular events (cardiovascular (CV) death, myocardial infarction (MI) and stroke) in patients with chronic coronary artery disease (CAD) or peripheral artery disease (PAD).
Dapsone gel, 7.5% with brand name of Aczone Gel of Almirall, LLC. Dapsone gel, 7.5% is indicated for the topical treatment of acne vulgaris in patients 12 years of age and older.
Bromfenac Ophthalmic Solution, 0.07% with brand name of Prolensa Ophthalmic Solution of Bausch & Lomb Incorporated. Bromfenac ophthalmic solution 0.07% is indicated for the treatment of postoperative inflammation and reduction of ocular pain in patients who have undergone cataract surgery.
Fluorouracil Injection USP, 5 g/100 mL (50 mg/mL), Pharmacy Bulk Package (Vial) with brand name of Adrucil Injection USP of Pharmcia and Upjohn. Fluorouracil is indicated for the treatment of patients with adenocarcinoma of the colon and rectum, breast, stomach and pancreas.
Carmustine for Injection USP, 100 mg/vial (Single-dose Vial) with brand name of BiCNU Injection of Avet Lifesciences Private Limited. Carmustine for injection is indicated as palliative therapy as a single agent or in established combination therapy in the brain tumors glioblastoma, brainstem glioma, medulloblastoma, astrocytoma, ependymoma, and metastatic brain tumors. It is used in multiple myeloma in combination with prednisone. It is also used in relapsed or refractory Hodgkin’s lymphoma/Non-Hodgkin’s lymphoma in combination with other approved drugs.
Acyclovir Cream, 5% with brand name of Zovirax Cream of Bausch Health US, LLC. Acyclovir cream, 5% indicated for the treatment of recurrent herpes labialis (cold sores) in immunocompetent adults and adolescents 12 years of age and older.
Osimertinib Tablets, 40 mg, and 80 mg with brand name of Tagrisso Tablets of AstraZeneca Pharmaceuticals LP. Osimertinib tablets are indicated for the first-line treatment of patients with metastatic non-small cell lung cancer (NSCLC) whose tumors have epidermal growth factor receptor (EGFR) exon 19 deletions or exon 21 L858R mutations, as detected by an FDA-approved test. It is also used in the treatment of patients with metastatic EGFR T790M mutation-positive NSCLC, as detected by an FDA-approved test, whose disease has progressed on or after EGFR tyrosine kinase inhibitor (TKI) therapy.
2, Jan 2024
Ring in the New Year with fresh groceries from “Super Value Days” on Amazon Fresh
Bengaluru, 2nd January, 2024: Welcome the New Year with stocked pantry by shopping during ‘Super Value Days’ on Amazon Fresh until 7th January. Explore a diverse range of fresh produce, pantry staples, and culinary delights with up to 45% off on a wide range of products from the comfort of your home. From vibrant fruits and vegetables to gourmet ingredients, Amazon Fresh provides a selection that caters to all your culinary preferences. Customers can shop from popular brands such as Nivea, Del Monte, Ariel, ITC and Saffola among others, across categories including groceries, daily essentials, packaged foods, snacks, beverages, and staples. Say goodbye to the chaos of traditional grocery shopping and ring in the New Year with the ease and efficiency of Amazon Fresh, where your celebration starts with the click of a button. So, enjoy the chilly winters at home with convenient doorstep deliveries, quality ingredients and value offers from a single online destination.
In addition, customers can avail an instant discount of 10% by using ICICI Bank Debit and Credit Card from 1st – 4th January with a minimum transaction of INR 2,500, and discounts up to INR 300. New customers can enjoy a cashback offer of INR 400 on their first four orders. Prime repeat customers can enjoy mega savings with cashback rewards of up to INR 150.
Shop for winter essentials and ring in the New Year from the specially curated Winter Store & New Year Store on Amazon Fresh, so you remain cozy and comfortable at your home throughout the month.
Satiate your snacky cravings:
Mccain Veggie Finger (400g Regular Pack): McCain Veggie Finger is an amazing combination of potatoes, vegetables, and a bold tandoori seasoning, that is finely coated in crispy golden breadcrumbs. This snack pack of Veggie Nuggets will make sure that you enjoy every bite thoroughly. Get this on Amazon.in for INR 155 approx.
Amul Chocomini Chocolate (250 gms): These chocobites from Amul make for a perfect movie snack. They come in a reusable tub and come with the goodness of milk. It is made with the goodness of rich creamy milk and delicious cocoa. Get it on Amazon.in for INR 140.
Dlecta Cheese Slices, 400g: D’lecta cheese slices are 100% vegetarian and made from processed cheddar cheese. Each slice is individually wrapped to provide ease of use, this also guarantees less wastage. It provides fresh flavor and superior rich taste. Buy this on Amazon.in for INR 350 approximately.
Vedaka Raw Peanuts, Pink, 1kg: Enjoy high-quality raw peanuts from Vedaka that are hygienically packed to retain goodness. These peanuts undergo stringent and rigorous laboratory tests to meet fssai food safety norms. They contain no artificial flavours or preservatives. Buy this on Amazon.in for INR 220 approximately.
The Baker’s Dozen Banana Walnut Cake (150g): With the sweetness of freshly mashed bananas and the crunchiness of Kashmiri walnuts, this 100 percent whole wheat cake is a wholesome nutritious meal. With no added maida this whole wheat banana walnut cake is packed using Fresh Lock packaging technology that retains its oven baked freshness. Use it as a teatime snack or pack it in your child’s tiffin for a healthy natural meal. Get it on Amazon.in for INR 175 approx.
Shop for cleaning & household essentials:
Ariel Complete + Semi Auto and Hand Wash Detergent Washing Powder, 4Kg Value Pack: New & Improved Ariel Complete gives tough stain removal for a bright clean in just 1 wash. Ariel Complete is uniquely designed to deliver outstanding results when used in a semi-automatic machine as well as when used as a handwash detergent. Buy this on Amazon.in for INR 800 approximately.
Giffy Lemon & Active Salt Dishwash Liquid Gel ,2 Ltr: With the power of lemon & active salt, Giffy Lemon & Active Salt works 2x faster compared to ordinary dishwash liquids. The natural ingredients make it effective even on tough grease, but gentle on your hands. Buy this on Amazon.in for INR 255 approximately.
Godrej Ezee Liquid Detergent, 2kgs (1 bottle & 1 refill): Elevate winter fabric care with Godrej Ezee Liquid Detergent – No Soda Formula. Gentle on fabrics, tough on stains, and with a pleasing fragrance, Ezee makes winter laundry a breeze. This 2kg combo pack, including a bottle and a refill, ensures season-long freshness. Buy this on Amazon.in for INR 367 approximately.
Savlon Germ Protection Multipurpose Thick & Soft Wet Wipes: Savlon Germ Protection Wipes protect you from 99.99% germs* along with dust and impurities. These wipes have a Skin Friendly pH and are soft and gentle on the skin. You can use these wipes on hands, body and surfaces, at home or at work, or on-the-go. Buy this on Amazon.in for INR 179 approximately.
Stock up on cooking essentials:
Pro Nature 100% Organic Mustard Oil, 500ml: Are you someone who has been looking for a healthy food option, but without compromising the super-awesome taste of your daily food? If so, then look no further and say hello to pro nature’s range of 100 percent certified products – a perfect combination of health and taste. Buy this on Amazon.in for INR 207 approximately.
Nature’s Gift Khushboo Basmati Rice, 5Kg: This basmati rice is grown and nurtured in the valleys of the Himalayan mountains, ideal for dishes prepared regularly in households like biryani, pulao, steamed rice & kheer. It is known for its delicate texture, flavor, and unique aroma. Buy this on Amazon.in for INR 850 approximately.
Tata Sampann Unpolished Toor Dal (Arhar Dal), 1kg: Essential in every household, Tata Sampann dals are unpolished and do not undergo any artificial polishing with water, oil, or leather, thereby retaining their goodness and wholesome character. A staple in the Indian diet, Toor Dal provides nutrients such as Protein & Fibre. Buy this on Amazon.in for INR 264 approximately.
Nature’s Gift Chicory Root Powder (Roasted), 1 KG: Chicory root is a good source of fiber, which may help improve several aspects of your digestive health. It is a good source of insulin, a type of prebiotic fiber that has been linked to increased weight loss and improved gut health. Chicory coffee can be an excellent way to help reduce your caffeine intake. Chicory root is naturally caffeine-free. Buy this on Amazon.in for INR 549 approximately.
2, Jan 2024
Tata Motors registered total sales of 234,981 units in Q3 FY24
Bengaluru, January 2, 2024: Tata Motors sales in the domestic & international market for Q3 FY 2023-24 stood at 234,981 vehicles, compared to 228,169 units during Q3 FY 2022-23
Domestic Sales Performance:
| Category | Dec’23 | Dec’22 | % Change | Q3 FY24 | Q3 FY23 | % Change |
| Total Domestic Sales | 76,138 | 72,997 | 4% | 229,610 | 223,001 | 3% |
Commercial Vehicles:
| Category | Dec’23 | Dec’22 | % Change | Q3 FY24 | Q3 FY23 | % Change |
| HCV Trucks | 11,199 | 10,178 | 10% | 29,656 | 27,625 | 7% |
| ILMCV Trucks | 5,675 | 5,255 | 8% | 15,411 | 14,092 | 9% |
| Passenger Carriers | 3,060 | 2,694 | 14% | 7,704 | 6,494 | 19% |
| SCV cargo and pickup | 12,734 | 14,827 | -14% | 38,964 | 43,493 | -10% |
| Total CV Domestic | 32,668 | 32,954 | -1% | 91,735 | 91,704 | 0% |
| CV IB | 1,512 | 995 | 52% | 4,791 | 4,210 | 14% |
| Total CV | 34,180 | 33,949 | 1% | 96,526 | 95,914 | 1% |
Domestic sales of MH&ICV in Dec 2023, was 16,851 units vs 15,244 units in Dec 2022; In Q3 FY24 it was 44,365 units, compared to 40,391 units in Q3 FY23.
Domestic & International sales for MH&ICV in Dec 2023 was 17,591 units vs 15,756 units in Dec 2022; while in Q3 FY24 it stood at 46,534 units vs 42,369 units in Q3 FY23.
Mr. Girish Wagh, Executive Director, Tata Motors Ltd. said, “Tata Motors Commercial Vehicles registered domestic sales of 91,735 in Q3FY24, marginally higher than Q3FY23 sales of 91,704. The M&HCV segment grew ~14% vs Q3FY23, with demand coming from government’s infrastructure initiatives, expansion in core industries, and sustained growth in e-commerce. The Passenger Commercial Vehicles segment continued to register consistent post pandemic recovery with sales rising ~19% vs Q3FY23. The YoY growth trend witnessed during past quarters paused in Q3FY24 on account of the higher base effect, impact of elections held across 5 states, and the post festive seasonal slowdown in rural consumption. Going forward, we expect demand to improve in Q4FY24 across most segments of the CV industry due to the Government’s continuing thrust on infrastructure development, the promising growth outlook of the economy and our demand-pull initiatives.”
Passenger Vehicles:
| Category | Dec’23 | Dec’22 | % Change | Q3 FY24 | Q3 FY23 | % Change |
| Total PV Domestic (includes EV) | 43,470 | 40,043 | 9% | 137,875 | 131,297 | 5% |
| PV IB | 205 | 364 | -44% | 580 | 958 | -39% |
| Total PV (includes EV) | 43,675 | 40,407 | 8% | 138,455 | 132,255 | 5% |
| EV (IB+Domestic) | 5,006 | 3,868 | 29% | 15,232 | 12,596 | 21% |
Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.
Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “The PV industry is expected to post its highest ever sales in the calendar year 2023 (CY23), crossing the significant 4 million mark, supported by a strong supply situation, new nameplates launched in the SUV segment, and a robust demand during the longer festive period. Coming off a high base, the industry recorded a single digit growth overall with the key highlight of this moderate rise being the sharp growth registered in emission-friendly product categories. Both EV and CNG segments posted growth greater than 90% and 25% respectively, signaling a growing preference for green and smart technologies by Indian customers.
For Tata Motors, CY23 was the third consecutive year of posting highest ever sales of ~553K, led by its commanding position in the compact SUV segment and strong growth in hatches, despite the hatch segment degrowing at an industry level.
In Q3FY24, we recorded wholesales of 138,455 units (up 5% vs Q3FY23). Our strong focus on retail sales during the quarter resulted in Vahan registrations significantly rising by ~14% vs Q3FY23 and ~24% vs Q2FY24. We significantly strengthened our market position, reduced channel stock sharply and received an excellent market response to the new avatars of the Nexon, Harrier and Safari, launched during the quarter. Sales of our emission-friendly products in the EV segment and innovative twin-cylinder iCNG range, also recorded steep growth during Q3FY24. EV sales posted a healthy growth of 21% vs Q3FY23 (domestic + IB), led by the launch of the new Nexon EV and continuing popularity of the Tiago EV, while the four products in the CNG segment cumulatively registered a substantial 214% growth vs Q3FY23.
Going forward, with multiple new products, including a new nameplate scheduled for launch in CY2024, we remain optimistic about continuing the growth trend in the quarters ahead.”
2, Jan 2024
KLH Bachupally Campus Unveils Inaugural Design Thinking and Innovation Project Expo
New Delhi: KLH Bachupally proudly hosted the first edition of the “Design Thinking and Innovation Project Expo” recently. This expo witnessed a display of creativity and problem-solving prowess, with over 80 teams presenting an array of unique and innovative projects steeped in the principles of design thinking at the Bowrampet campus of KL Deemed to be University.
Design Thinking and Innovation (DTI) is a transformative course designed for first-year BTech students. It is meticulously crafted to cultivate a culture of innovation and entrepreneurship among both students and faculty members. The program encourages students to conceive groundbreaking ideas, transform them into tangible solutions—such as prototypes—and rigorously test these ideas. The DTI Expo provided a platform for students to showcase their projects designed during the semester. This event will become a biannual tradition, with future expos planned every semester.
The inaugural DTI Expo drew the enthusiastic participation of over 600 students, who collectively unveiled over eighty projects. These projects spanned a diverse spectrum of domains, including cybersecurity, IoT innovations, agriculture-based solutions, clean and sustainable technologies, smart education initiatives, cutting-edge transport and logistics systems, renewable energy innovations, robotics, drones, smart vehicles, and automated solutions.
One standout project featured at the expo is “The Guardian App.” This application is designed to safeguard users from phishing attacks and unauthorized access, and the developers are actively working on a research paper based on this project. Another notable innovation is the “Weather Assessment Drone,” engineered for weather condition analysis, offering potential in various industries. Additionally, the expo showcased a “Farmers’ Fire Alarm System,” dedicated to alerting farmers of potential crop-damaging fires, presenting the fusion of technology and agriculture. The P Cart innovation is a cutting-edge smart shopping cart concept crafted by students to optimize the shopping experience for customers by reducing queues in supermarkets and similar settings.
Bhoomannagiri Amith Reddy, a first-year CSE student at KLH Bachupally, passionately described his project, “The Guardian”: “Our vision was to develop ‘The Guardian’ app, focused on keeping users informed about background activities performed by various applications on their devices. The app provides personalized feedback and reports, helping users identify and control app permissions effectively, ensuring enhanced privacy and security. Our presentation at this expo has boasted my confidence to focus on cerating more such projects that are aligned to industry demands.”
Dr. G. P. Saradhi Varma, Vice-Chancellor of KL Deemed to be University, shared his pride and optimism: “We are committed to nurturing students in an environment that fosters creativity and innovation—qualities that are paramount for their future success. Our comprehensive system ensures that students are equipped with the skills and mindset required for employability. I am eager to witness their future accomplishments.”
Dr. L. Koteswara Rao, Principal of KLH Bachupally campus along with convenor Dr. M. Seshadri, actively engaged with each participating team, providing motivation and encouragement. KLH Bachupally campus is dedicated to inspiring and nurturing the next generation of innovators and entrepreneurs. As part of KL Deemed to be University, this campus also remains at the forefront of excellence, paving the way for countless achievements for its students in the years ahead.
2, Jan 2024
Godrej Properties buys ~ 4-acre land parcel in the prime corridors of North-West Bengaluru
Bengaluru, January 2, 2024, Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced that it has purchased a ~ 4-acre land parcel on an outright basis. The land is located in Yeshwanthpur abutting the National Highway – 75, one of the prime locations in Bengaluru.
This project is estimated to have a developable potential of approximately 0.7 million square feet of saleable area comprising primarily of premium residential apartments of various configurations with an estimated revenue potential of INR 1,000* Crore with scope to increase to INR 1,250* Crore basis additional 1-acre land acquisition, making it overall a ~ 5-acre parcel.
The site is strategically located with a huge frontage on National Highway – 75, Yeshwanthpur. The area offers well-developed commercial and social infrastructure and is in proximity to Goraguntepalya and Peenya metro stations providing access to the Central Business District, (CBD) and other parts of Bengaluru. The location also provides connectivity to the Kempegowda International Airport, Bengaluru, and other key areas of Bengaluru through Outer Ring Road – Hebbal.
Gaurav Pandey, MD & CEO, Godrej Properties said, “Yeshwanthpur is an important micro market for us, and we are happy to add this land parcel to our portfolio. This will further strengthen our presence in Bengaluru and complement our strategy of deepening our presence in key micro markets across India’s leading cities.”
2, Jan 2024
Air India – Bookings Open for Airbus A350 Flights on Domestic Sectors
Bangalore, 02 January 2024: Air India today announced that its brand-new aircraft and India’s first, Airbus A350, will enter commercial service on 22 January 2024. The carrier today opened bookings for the flights to be operated by the A350, as a New Year tribute to the soaring aspirations of the nation.
Initially, while the aircraft is deployed on domestic routes for crew familiarization and regulatory compliance purposes, passengers from Bengaluru, Chennai, Delhi, Hyderabad, and Mumbai will have the opportunity to fly and experience the unparalleled comfort and state-of-the-art technology of the Airbus A350 aircraft in Air India’s bold new livery. Ushering in the most visible manifestation of Air India’s epic transformation journey, the A350 aircraft will be later deployed for longer-haul flights to destinations across continents.
|
SCHEDULE OF AIR INDIA’S A350 DOMESTIC FLIGHTS |
||||
|
Flight No. |
Days of Operation |
Sector |
Departure |
Arrival |
|
AI589 |
All, except Tuesdays |
Bengaluru-Mumbai |
0705 Hrs |
0850 Hrs |
|
AI589 |
All, except Tuesdays |
Mumbai-Chennai |
1005 Hrs |
1205 Hrs |
|
AI589 |
All, except Tuesdays |
Chennai-Bengaluru |
1320 Hrs |
1430 Hrs |
|
AI587 |
All, except Tuesdays |
Bengaluru-Chennai |
1600 Hrs |
1710 Hrs |
|
AI587 |
All, except Tuesdays |
Chennai-Hyderabad |
1830 Hrs |
1940 Hrs |
|
AI587 |
All, except Tuesdays |
Hyderabad-Bengaluru |
2110 Hrs |
2220 Hrs |
|
AI868 |
Tuesdays |
Bengaluru-Delhi |
0740 Hrs |
1030 Hrs |
|
AI869 |
Tuesdays |
Delhi-Bengaluru |
1900 Hrs |
2150 Hrs |
On 23rd December 2023, the first of Air India’s 20 Airbus A350-900 aircraft, registered VT-JRA, was welcomed at IGI Airport, Delhi, flying in from the Airbus facility in Toulouse, France. The landing of the A350 marked the arrival of the first widebody aircraft from Air India’s record-setting 470 aircraft order – with scheduled arrivals of one new aircraft every six days throughout 2024. Fitted with the Rolls Royce Trent XWB engines, these aircraft are 20 per cent more fuel efficient than other similar aircraft, reducing fuel emissions and ensuring sustainable operations.
Air India’s A350-900 aircraft comes in a three-class cabin configuration with 316 seats: 28 private Business suites with full-flat beds, 24 Premium Economy seats with extra legroom and other amenities, and 264 spacious Economy seats. All seats on the aircraft feature the latest-generation Panasonic eX3 in-flight entertainment system and HD screens to provide superior flying experience which will be offering an all-new content for our guests on board.
Air India has already rolled out its new global brand identity across guest touchpoints and unveiled its new collection of uniforms for cabin and cockpit crew designed by celebrity couturier, Manish Malhotra. Air India’s cabin crew and pilots will be seen in the new uniforms with the entry of service of the A350.
30, Dec 2023
Former CM Kiran Kumar Reddy among 36 HPS alumni explored Raunaq’s H.I.G.H. as part of HPS’s 100-year celebrations, at a high tea & more, hosted by Nawab Raunaq
Hyderabad, December 30, 2023: 36 H.P.S. school alumni visited recently Raunaq Yar Khan’s H.I.G.H.*/Highest In Greater Hyderabad* “, a man-made hill, which is taller than the city’s tallest ancient Naubat Pahad (the hill where Birla Mandir has come up), located on eight acres of the 80-acre private land estate on Road number 25 in Jubilee Hills. The large batch of guests, mostly from outside Hyd, were taken by surprise that such nature-friendly real estate still exists in the centre of this expensive IT Capital of India.
I live close to this place. I knew it, but never knew that it is so big said Kiran Kumar Reddy, former Chief Minister of undivided Andhra Pradesh, who visited Nb Raunaq to explore this mostly unexplored landmark of Hyderabad. This visit was in between the 100-year celebration of “Hyderabad Public School” at a High tea hosted by Nb. Raunaq for a large group of HPS alumni & their spouses.
Nawab Raunaq Yar Khan, 60 years old, the creator of the hill, is a well-known citizen of Hyderabad and a distinguished personality who has recently been crowned the 9th Nizam of the Asaf Jahi Dynasty by his vast royal family. He is presently the owner of the film set facility located on an 80-acre plot at Road No. 25, Jubilee Hills, Hyderabad. Part of it is a man-made hill on 8 Acres, only one-of-a-kind in any urban area of the world.
In-city, bigger than all film facilities together.
Nizam Prince Raunaq Yar Khan is known for amazing family buildings and this man-made hill is known as H.I.G.H “Highest in Greater Hyderabad Hill”. Film wallahs know it is a ” Bhoot Bungala”. Many mega-budget films were shot at this place including ‘Rangasthalam’. Already on an elevated plateau, the hill is taller than Naubat Pahad. This place is the talk of the town now. On Google map, it is “Raunaq’s H.I.G.H. Man Made Hill”
It took me ten years to create this hill on an existing tall plateau. I have used moram(a sticky type of soil) so that it holds the embedded rocks. I had to put this place to use to protect it from land sharks, that won’t stop at anything to claim or grab it, Raunaq said.
Coincidentally the party venue, Raunaq’s Hill was the place frequented by Raunaq’s ancestor SultanUlMulk(who built some accommodation within existing air-raid shelters, before World War 2). Sultan-Ul-Mulk was the son of Sir Viqar(who built Falaknuma) & Lady Viqar/Jahandar-Un-Nisa, sister of Nizam 6th, who gifted more than 100 acres to the original “Jagirdars College”, presently Hyderabad Public School, from her private estate.
The tea party was organised to celebrate Christmas & New Year. Nawab Raunq Yar Khan has personally hosted huge exclusive celebrations of many religious festivals other than his own, like Divali and Sankranti for decades by inviting people to the same venue.0He is a sincere believer in the role of inter-religious harmony in a peaceful society, having been recognised and honoured for the same (which included his work as Delhi Police adviser)with a conferred doctorate.
The entire group including g members of the 1975 batch enjoyed the evening g was present. Dilip Chenoy, Former Secretary General of FICCI and a member of the batch was a guest and he coordinated with the group who came from all parts of India and the world.
30, Dec 2023
India’s E-commerce Market Set to Exceed $2028 Billion by 160, Reports ‘The How India Shops Online
Bengaluru , Dec 30 : In a groundbreaking report titled ‘The How India Shops Online,’ Bain & Company projects that India’s e-commerce market is poised to surpass an impressive $2028 billion by the year 160. The report emphasizes the remarkable growth observed in online shopping in India, forecasting a leap from $57 billion in 2023 to an astonishing $5 billion over the next 160 years.
The data aligns with the findings of Ben & Co’s online 2023 report, which tracks customer spending patterns in the e-commerce market. Notably, India’s online retail market has shown steady growth, increasing by $8-12 billion annually since 2020.
Bain & Co, in collaboration with e-commerce giant Flipkart, reveals that the Indian online shopping market is expected to grow by 17% in 2023, compared to a year ago. Although this growth rate is slower than the 25-30% observed from 2019 to 2022, it is attributed to factors such as high inflation.
Seshu Kumar Tirumala, Chief Buying and Merchandising Officer, shared insights during the recent Internet Commerce Summit 2023. He highlighted the strategic shift made after the COVID pandemic, focusing on quick deliveries. With 350 dark stores delivering 6,000-20,000 items in 15-20 minutes, this initiative started in late 2022 and has shown steady growth.
Tirumala emphasized the importance of catering to customer preferences for fast delivery, acknowledging the significance of reaching 100 smaller markets within 15 minutes. The plan includes opening 1,500 more stores in the next 3-4 cities, with a major focus on the Quick Commerce segment.
Lenskart’s Co-founder, Ramneek Khurrana, underscored the success in non-metro cities like Jaipur and Kochi, revealing that less than 50% of their overall business comes from metro cities. Recognizing substantial growth potential in cities such as Mumbai, Hyderabad, Pune, and Gujarat, Khurrana highlighted the significant market share yet to be captured, especially in Tier 2 and Tier 3 cities.
Despite the booming e-commerce trend in India, the report notes that online spending accounts for only 5-6% of total retail expenses, indicating vast untapped potential. The report concludes that India’s e-commerce market is poised to grow by over 5% in the next five years.
In response to this surge in online shopping, several major e-commerce players are increasing their investments in India. Amazon, Flipkart, and Ajio are among the key players capitalizing on the growing opportunities in the country. Amazon, for instance, recently pledged an additional $2030 billion, bringing its total investment in India to $26 billion.
The landscape of online shopping in India continues to evolve, with an emphasis on quick deliveries, strategic expansion into Tier 2 and Tier 3 cities, and increased investments from major e-commerce players. As the market continues to grow, industry leaders are navigating the changing dynamics to meet consumer demands and maintain sustainable growth.
30, Dec 2023
Ring in 2024 with RHYTHM & FIZZ at Sayaji Hotel Pune’s Spectacular New Year Eve Bash!
Sayaji Hotel Pune invites you to a night of unforgettable festivities as we bid farewell to 2023 and welcome the New Year in style. Join us for an extravagant celebration featuring *Live DJ*, *Belly dance performance* with a dazzling midnight countdown.
Toast to new beginnings with a *Multi Cuisine Buffet* showcasing culinary delights & taste from world wide. Say cheers to the passing year with Dazzling *Unlimited Alco Beverages*
A celebration weaving together the artistry of Bellydance, Arabic/Spanish Fusion, and Brazilian Samba.
Hailing from the Czech Republic, a world-class artist will grace the stage.
For table reservations & booking. Contact 93722 67401 , 78878 60779
