28, Dec 2023
Godrej & Boyce constructs a fully functional office within 40 hours using 3D Construction Printing Technology
Bengaluru, 28th December 2023: Godrej & Boyce, the flagship company of the Godrej Group, announced that its business, Godrej Construction has constructed a 500 sq. ft. office in the company’s own greenfield campus at Khalapur in an impressive 40-hour timeframe. This structure, ‘The Cocoon’ was created in the form of prefabricated modules, using innovative 3D Construction Printing (3DCP) Technology.
Anup Mathew, Sr. Vice President and Business Head, Godrej Construction said, “‘The Cocoon’ is a manifestation of our relentless pursuit of pushing boundaries, not just in terms of architectural design, but also in redefining construction timelines. Construction of ‘The Cocoon’ is a good demonstration of an effective team collaboration integrated with good project planning using tools like Building Information Modelling (BIM), Lean Construction methods, and 3D Construction Printing. At Godrej Construction, we are committed to delivering innovative and sustainably designed solutions tailored to the needs of our customers in the built environment.”
The modular office is characterized by its namesake, and the unique structure incorporates advanced engineering techniques, integrated with a modular construction process. The office is thoughtfully designed to explore the potential of 3DCP technology, showcasing design flexibility through unconventional curvilinear elliptical design. The entire layout is column free offering maximum usable office space, installed with a prefabricated toilet unit.
The project construction included the complete installation of 3D printed modules, civil works, waterproofing, flooring, external & internal painting, electrical works, lighting, AC installation, plumbing, drainage & sanitation fixtures, office furniture, and landscaping in under 40 hours.
The office was created using a concrete mix design comprising up to 20% of Recycled Concrete Aggregates (RCA) sourced from concrete debris, recycled at the Godrej & Boyce Recycled Concrete manufacturing facility, at Vikhroli, Mumbai. The business remains at the forefront of pioneering green and innovative construction practices, achieving yet another milestone with an office space meticulously designed for optimal utilization.
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- By Rabindra
28, Dec 2023
45% of Newbie traders claim that “not knowing enough” is the primary reason for losses incurred in Futures & Options trading – Sharekhan’s survey reveals
Bengaluru, December 28, 2023: Sharekhan, one of India’s most trusted full-service online brokerage houses, unearthed a worrying trend in the findings of its ‘Serious About The Markets’ pan-India study, conducted in conjuncture with Kantar. The study found that 32% of Newbie Futures & Options traders claim they couldn’t judge the market movement & 13% claiming that lack of enough trading knowledge are the primary reasons for losses incurred, leading to an aggregate of 45% of them hinting “not knowing enough” is at play. Additionally, more than half, i.e. 55% of traders buy more to average out their losses in trades.
This report comes in the wake of the SEBI’s findings that a high percentage of investors are losing money in F&O trading. The report revealed 9 out of 10 individual traders in equity F&O segment incurred an average loss of ₹ 1.1 lakh during FY 2022. Most of them were operating in the Options segment. Taking note of this SEBI study Sharekhan wanted to understand how seriously new comers were approaching the F&O segment and the challenges being faced by them, and therefore it commissioned this pan-India survey called ‘Serious About The Markets’.
Jean-Christophe Gougeon, Chief Marketing Officer, Sharekhan, comments: “While we were happy to find out that new comers are quite aware of the risks and their own lack of knowledge we are concerned about the survey’s findings on the approaches taken to decide where to trade in F&O and the lack of required discipline when it comes to trading. We sincerely urge everyone to not take a casual or short-cut approach and to do either take help from SEBI registered professionals, full-service brokers or do their own proper research before they enter the F&O segment. Our new campaign is in this direction to help new comers be more aware about the casual approaches that one should avoid”
The survey, methodically conducted by Kantar pan-India, spanned a diverse group of participants across various demographics and geographies, lending credibility and depth to the findings.
Key Findings from Sharekhan’s Serious About The Markets survey:
Misplaced Expectations: 40% of newbie traders claim that their main reason for entering the Futures & Options segment is due to the chance of making quick and easy money and 48% of them believe that 30% to 50% of people are consistently making ‘good returns’ from the F&O segment
Dependence on Non-Professional Advice: A significant portion of traders (53%) are spending their trading capital most often basis inputs from family & friends and mentions on social media/ websites/ youtube videos which can lead to ill-informed trading decisions and increased risk.
Lack of Applying Strategies: A startling 35% of traders do not use or apply any specific trading strategy, which can often lead to risky trading decisions. This includes strategies such as Straddle and Strangle being known but found difficult to implement. Only 5% of traders claim they are using Algo strategies provided by specialized companies/ websites
Inadequate Use of Stop-Loss: Only 42% of traders claim to use Stop-Loss in half of their trades whereas 16% claim they use it very rarely, indicating a key component in managing trading risks effectively is not being used enough
In light of the findings from this ‘Serious About The Markets’ survey, Sharekhan has partnered with Stocktwits to put out an educational video series with experts called “Let’s get serious”. This series will also be complemented with infographics that take parts of the survey and provide the right guidance via SEBI registered professionals. Stocktwits is the largest social network for investors and traders whose mission is power the global conversation for investors & traders of all levels in order to connect, learn, profit and have fun
Gaurav Dua, Head of Capital Market Strategy at Sharekhan, adds: “The recent study’s findings serve as a crucial wake-up call for traders, particularly those new to the F&O market. It starkly highlights the urgent need for robust advisory services and comprehensive education in the trading community. At Sharekhan, we recognize the critical nature of this gap and are deeply committed to bridging it. Our focus is on providing our clients with highly informed and strategic research recommendations, tailored to various risk profiles. We aim to empower our clients with the knowledge and tools necessary to navigate the complexities of the F&O market more effectively and confidently. Our goal is to transform their trading journey into a more successful and sustainable one, underpinned by solid strategies and sound decision-making.”
Anand Parameswaran, Executive Director & Head of BFSI Practice at Kantar, adds This study done in partnership with Sharekhan has uncovered many interesting but concerning trading practices of newbie traders in the Futures & Options segment. It is important for investors to have a more disciplined approach and incorporate more diligence & rigor in their research before investing their hard-earned money.
Initiatives to educate & train them on the fundamentals of investing in Futures & Options market are quite likely to be beneficial. The newbie trader community need to be better equipped for risk management and can thus take informed & well researched investing decisions. The Futures & Options market which could see increased interest and wider participation in the future.
In light of these findings, Sharekhan strongly encourages F&O traders to seek professional advice and education. And to that extent Sharekhan’s investor education strategy goes beyond conventional marketing. The in-house Sharekhan Classroom modules and its subsidiary Sharekhan Education’s Power Money Webinar offer a range of learning modules, emphasizing the brand’s commitment to an informed approach for succeeding in the stock market. This initiative aims to improve trading outcomes and foster a more informed and strategic trading community.
28, Dec 2023
Sanjivani Paranteral Limited raises funds through issuance of warrants & preferential allotment amounting to Rs 30.88 crore
Mumbai, 28 December 2023: Sanjivani Paranteral Limited (BSE: 531569), a leading pharmaceutical company specialising in the manufacturing and distribution of high-quality parenteral and oral solid products, approved issuance of 600,000 convertible warrants to promoter Mr. Ashwani Khemka priced at Rs 135.10 per warrant. The company also approved preferential allotment of 16,86,000 equity shares at Rs 135.10 per share, amounting to Rs 22.77 crores to non-promoter investors. Some of the marquee investors who participated in this issue include India Bridge Fund (India Equity Fund1), Mr. Ashish Kacholia, Mrs. Monika Garware, Mr. Anurag Jain, Ashika Global Securities Pvt. Ltd.
This issuance marks a defining moment for the company, setting the stage for continued expansion and our steadfast dedication to advancing our position as a leading force in the development of a cutting-edge manufacturing facility in collaboration with Hindustan Antibiotics Limited for the production of IV formulations and IV sets. A part of the funding will be allocated towards modernizing our existing facilities, reinforcing our infrastructure to meet the demands of progressive technology and industry standards.
Srivardhan Khemka, Director, Sanjivani Paranteral Ltd, said, “This capital infusion strengthens our collaboration with Hindustan Antibiotics Limited for IV formulations and emphasizes our unwavering focus on shareholder value and healthcare, empowering us to drive forward. With investor support, we’re poised for greater success and innovation.”
28, Dec 2023
SIA-India Seeks Bold Reforms for Fiscal Year 2024-25 to Drive India’s Space Program in the Pre-Budget Memorandum
New Delhi, 28th December 2023: Space Industry Association – India (SIA-India), the premier industry association for India’s space sector proudly announces the release of its Pre-Budget Memorandum for the fiscal year 2024-25. This comprehensive document seeks for transformative and bold reforms for the space sector aiming at catalyzing India’s space program, fostering innovation, and enhancing global competitiveness to accrue socio-economic benefits to the country.
In a rapidly evolving global landscape where space activities play an increasingly pivotal role, SIA-India envisions a roadmap aligning with the aspirations of a burgeoning space sector, poised for sustainable growth. As we stand on the brink of technological breakthroughs, this memorandum underscores our commitment to advancing the interests of the commercial space sector.
“The proposed budget reforms outlined in the memorandum are crucial for fostering innovation, ensuring global competitiveness, and propelling the Indian space industry to new heights. SIA-India remains dedicated to collaborating with the government to develop a vibrant and competitive satellite launch and manufacturing sector hub. These reforms pave the way for India to solidify its position as a key player in the global space arena, fostering technological advancements and economic growth.” – Dr. Subba Rao Pavuluri, President of SIA-India
“This comprehensive pre-budget submission focuses on pivotal measures aimed at propelling the Commercial Space Sector, with a special emphasis on nurturing and supporting deeptech space startups. Recognizing the transformative potential of the space industry, these recommendations span financial, taxation, regulatory, and infrastructural domains. Emphasizing the imperative of increased funding, we propose a substantial boost in India’s space budget, aligning it with global standards. Financial incentives, interest rate subsidies, and collaborative frameworks between academic institutions and startups are advocated to nurture innovation.” Anil Prakash, Director-General of SIA-India
The Association advocates for several key taxation reforms, including extending tax holiday periods for startups and deferring Minimum Alternate Tax (MAT). Customs duty exemptions, GST relaxations, and capital gains tax waivers aim to enhance the financial flexibility of deep tech startups. Regulatory suggestions encompass a Comprehensive Space Activities Bill, quantifying the space economy, and encouraging CSR funding for startups.
Infrastructure-wise, our proposal advocates for local certification facilities, streamlined visa programs, and specialized R&D hubs for deep tech startups. This strategic roadmap aims to fortify the foundation for sustainable growth in the Commercial Space Sector, recognizing the unique challenges and opportunities faced by deep tech space startups. The adoption of distinct regulations for startups within the Ease of Doing Business (EODB) framework will create an enabling environment for startup growth and innovation.
In summary, these recommendations aspire to fortify India’s position in the global space arena, fostering innovation, economic growth, employment, and achieving sustainable development goals.
However, prior to implementing financial stimulus and regulatory measures, the space sector requires a comprehensive Quantitative Analysis and delineation of Space Economy Sectors, akin to the OECD framework or the US Bureau of Economic Analysis (BEA) framework. Establishing a “Satellite Account” or “National Accounts Statistics” as best practices would enable a better understanding of the size and significance of the space sector in the overall economy. This analysis is crucial for comprehending the economic impact of space activities, guiding focused policies, and facilitating investments for enduring and sustainable growth.
SIA-India extends its gratitude to Prime Minister Shri Narendra Modi for his visionary leadership in uplifting the space economy and positioning India at the forefront of the global space race. The emphasis on promoting private entities, encouraging youth participation, and nurturing deep tech startups aligns with the ambitious goals of creating India’s space odyssey, with a moon landing by 2040 and a space station by 2035. These milestones serve as powerful motivation for the entire space community.
We also express our gratitude to the Ministry of Finance Smt Nirmala Sitharaman for the landmark space reforms that have fostered a vibrant ecosystem, positioning India as a key player in the global space race as highlighted in her speech during last year’s budget session.
28, Dec 2023
Nano Aerpod: India’s Vanguard Against Soaring Air Pollution Levels
Delhi 28 Dec’23: In the face of an alarming surge in air pollution across India, Nano Aerpod emerges as a pioneering solution to safeguard the health of millions. This ground breaking Personal Air Purifier is set to redefine how we combat the invisible threat that is silently compromising the well-being of our communities.
The Air Pollution Crisis:
India is grappling with a severe air pollution crisis that poses a direct and immediate threat to public health. Recent studies highlight the disproportionate impact on vulnerable populations, especially children and the elderly. During peak traffic hours, an individual inhales a staggering amount of pollutants, significantly shortening their life span and contributing to various respiratory and cardiovascular ailments.
The Toll on Our Children and Elderly:
Children, with their developing respiratory systems, are particularly susceptible to the harmful effects of air pollution. Studies indicate a direct link between prolonged exposure to pollutants and developmental issues in children. Similarly, the elderly, with weakened immune systems, face an increased risk of respiratory diseases, heart attacks, and other health complications.
Understanding the Impact:
During peak traffic hours, an individual can inhale an alarming volume of pollutants, including particulate matter (PM2.5), nitrogen dioxide (NO2), and volatile organic compounds (VOCs). These pollutants penetrate deep into our lungs, leading to a myriad of health issues.
Nano Aerpod: A Revolutionary Solution:
Nano Aerpod, India’s first Personal and Wearable Air Purifier, is a paradigm shift in the fight against air pollution. Crafted with cutting-edge technology, Nano Aerpod is not just a device; it’s a commitment to ensuring clean, breathable air for everyone.
Key Benefits:
Portable Protection: Nano Aerpod is compact and wearable, providing personal protection wherever you go.
Advanced Filtration: Equipped with advanced filtration technology, Nano Aerpod captures and eliminates airborne pollutants, ensuring you breathe only purified air.
A Commitment to Health: Nano Aerpod is not just a product; it’s a commitment to a healthier, safer future for individuals and communities.
Rechargeable battery operated: The Nano Aerpod is powered by a 2200 mAh Lithium ion battery that charges quickly. It can last up to 8 hours on a single charge. Nano Aerpod is equipped with an advanced battery management mechanism to protect against surges in electricity.
Difficulties Encountered While Using normal mask or PPE Kits for longer duration.
• Excessive sweating (100%)
• Fogging of goggles, spectacles, or face shields (88%)
• Suffocation (83%)
• Breathlessness (61%)
• Fatigue (75%)
• Headache due to prolonged use (28%)
• Pressure marks on the skin at one or more areas on repeated use (19%)
Key Features:
The best protection for Viruses & Bacteria – H13 filter, with 99.9%+ filtration versus 95 percent for N95 mask. Doctors and nurses all over the world use it. Aerpod can be charged in the same way that a cell phone is and used for years. It is simple to sterilize.
• For the first time, mask fit is no longer an issue.
• Doctors and nurses all over the world use it.
• Breathe-in no stale CO2 through face masks
• Filters PM10 – PM 2.5
• long lasting true HEPA filter
• Bacteria filtration efficiency of up to 99.9%
• Filtration efficiency up to 99.97%
• Long-lasting rechargeable batteries
• C-Type Quick Charging.
• Portable and light-weight for mobility.
• Built with Medical & food-grade material.
• High-grade ABS plastic body for durability
• Adjustable 2 wind speed.
• Flight safe device during your flight.
• It is simple to sterilize.
Empowering Individuals, Transforming Communities:
Nano Aerpod is more than a solution; it’s a movement towards cleaner air and healthier lives. As we battle the rising tide of air pollution, Nano Aerpod stands as a beacon of hope, protecting individuals and communities one breath at a time.
AERPOD is a trailblazer in clean air technology, dedicated to addressing pressing environmental challenges. Committed to innovation and societal well-being, we strive to make a positive impact on the world.
For Enquiry
FLH KLEANAIR AND KLEAN ENERGY INDIA PVT LTD
Bangalore, Karnataka, India
+91 9900450038
WWW.AERPOD.IN
WECARE@AERPOD.IN
28, Dec 2023
Farmers tell the story of seed to plate, this Kisan Diwas, at Simpli Namdhari’s retail outlets
Bengaluru, India, December 28, 2023: Simpli Namdhari’s, the leading 100% vegetarian omnichannel retailer, organised a unique event at its Hebbal and Yelahanka stores to celebrate Kisan Diwas. As a part of its Choose Goodness campaign, launched to educate customers about choosing healthy food including fruits and vegetables, Simpli Namdhari’s invited farmers from Bidadi to interact with customers.
Farmers created awareness about the journey of food from the germination of seeds to crops bearing fruit and the myriad alleys it navigates to ensure a steady supply to the city’s supermarkets. With a strong focus on spreading awareness among customers, the event aimed at having farmers tell their story as the anchors to the food security of Indian customers.
Kisan Diwas presented a distinctive opportunity for customers to engage with the farmers at Simpli Namdhari’s, to gain valuable insights into the cultivation of fresh fruits and vegetables, and their importance to customer health and lifestyle. Farmers shared their best practices with customers, offering home gardening enthusiasts ideas and tricks in nurturing plants. The awareness building campaign aimed at helping increasingly health-conscious customers of where their food comes from and also create a better understanding of farmers and their central role in the seed-to-plate journey.
Farmers also helped customers understand the nuances of sowing seeds in an in-store activity where customers planted seeds at the Yelahanka and Hebbal stores. Customers were given seed bags to help foster a deeper connection between their interaction with the farmers and their personal home gardening journey.
The journey of food from seed to plate goes through multiple processes. From sowing to germination and successful yields, and the fragmented supply chains that result in fruits and vegetables being shelved in retail outlets, a lot is lost in translation. With the vision of cultivating futures that elevate the well-being of farmers, the environment, and customers, Simpli Namdhari’s took the unique opportunity of Kisan Diwas to help customers connect with farmers, and spread awareness about the importance of understanding agricultural processes and its contribution to society.
Kisan Diwas Video Campaign
Additionally, Simpli Namdhari’s launched a video campaign to educate customers about the journey farmers take in cultivating the future of India. The video juxtaposes the journey of a mother from conception to delivery along with the life of farmers, who are responsible for nourishing crops. The video aims to communicate how farmers are responsible for building India’s future, much like mothers play a crucial role in creating life.
28, Dec 2023
Invoicemart partners with Grameen Foundation for Social Impact to empower Women-led MSMEs
Bengaluru, December 28, 2023 – Invoicemart, India’s leading Trade Receivable Discounting System (TReDS) platform, operated by A.TReDS Ltd., a joint venture between Axis Bank Ltd and mjunction Services Ltd, announced its collaboration with Grameen Foundation for Social Impact (GFSI), not-for-profit organisation, to create a positive social impact by offering value added services to women-led Micro, Small and Medium Enterprises (MSMEs) in India.
Currently, Invoicemart has 25000+ MSMEs registered on the platform out of which 20% are women-led MSMEs who are keen to expand their business and constantly looking for support to build their ecosystem. Through GFSI’s Investment Readiness and Digital Transformation of Women-led Small Business (IRDT-WSB) program, both the entities will support women entrepreneurs at an early-stage to become investment and market ready, by helping them build a robust business plan and formalizing it, enhancing sales and marketing channels, increasing financial performance, improving customer engagement, and creating digital strategy.
Prakash Sankaran, MD & CEO of Invoicemart, said, “We believe that empowering women entrepreneurs is crucial for the economic development of our country. Through this partnership, we aim to provide these women entrepreneurs with access to affordable and seamless credit and also guide and support them in driving digital transformation, they need to succeed in the business world.”
Bharati Joshi, Chief Program Officer, of GFSI, added, “We are happy to announce our collaboration with Invoicemart – India’s leading TReDS platform, to help women-led MSMEs establish a scalable business model through access to finance for their business.”
28, Dec 2023
BD Soft expands its channel partner network in Andhra Pradesh and Telangana, to strengthen its presence in Southern India
Mumbai, December 28, 2023: BD Software Distribution Pvt. Ltd., a leading distributor of IT security solutions, announces an aggressive roadmap in Andhra Pradesh and Telangana regions, cementing its position as one of India’s leading distributors in the cyber security industry. To achieve this, BD Soft intends to bring aboard 600+ Channel Partners in the region, strategically expanding its network. This move aims to strengthen the company’s position in the South Indian market, especially in Telangana and AP’s thriving small enterprise sector.
BD Software has emerged as a premier cybersecurity solution provider, earning distinction and trust within the cybersecurity landscape of India. The company provides a range of security solutions in India, encompassing Bitdefender, Endpoint Security, DLP, Risk Management, Activity Monitoring, Mobile Device Management, Web Application Firewall, Security Operations Centre, Human Resource Management, OCR, and Innovative Document Solutions. Renowned in India’s Tier-I cities, the company is charting an ambitious blueprint to strengthen its presence in Tier-II and III cities, too.
The NCRB’s analysis in Telangana alone noted a staggering 15,297 cybercrime cases in 2022, emphasizing the critical need for stronger cybersecurity measures. Small and medium-sized enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in Andhra Pradesh and Telangana face rising cyber threats, lacking adequate awareness and resources. Their vulnerability heightens the urgency for robust protection measures. Responding proactively, the Andhra Pradesh government has allied efforts to prioritize cybersecurity for safeguarding digital operations.
BD Soft sees this as an entry point into the Andhra Pradesh and Telangana markets. With a focus on empowering SMEs and MSMEs, the company aims to bridge the cybersecurity gap. Through awareness campaigns and robust infrastructure support, BD Soft strives to fortify these regions against evolving cyber threats, fostering a secure digital landscape.
Commenting on the expansion, Mr. Zakir Husain – CEO, BD Software Distribution Pvt. Ltd.’s said, “Our foray into the Andhra Pradesh and Telangana markets signifies our commitment to bolstering cybersecurity infrastructure in regions witnessing a surge in digital threats. With our aggressive plans, we aspire to fuel digital innovation, safeguard critical operations, and pave the way for a resilient digital future.”
With an impressive 40% year-over-year growth, BD Soft rapidly expands its presence at the Pan India level.
28, Dec 2023
Transparency Conquest: Recognizing Outstanding Performance in Reporting and Governance
Bengaluru, 28th December, 2023: The Institute of Chartered Accountants of India (ICAI) recently hosted the prestigious SAFA Best Presented Annual Report Awards, Integrated Reporting Awards and SAARC Anniversary Awards for Corporate Governance Disclosure 2022 to recognize excellence in corporate reporting & corporate governance disclosures and to promote accountability, governance and transparency through the publication of timely and stakeholder friendly information and disclosures in SAARC region.
The event witnessed the benign presence of CA. Nihar N. Jambusaria, President, SAFA, CA. Aniket Sunil Talati, President, ICAI, Mr. Heshana Kuruppu, Vice President, SAFA, CA. Ranjeet Kumar Agarwal, Vice-President, ICAI, Mr. Hussain Niyazy, Auditor General & President, CA Maldives, CA. (Dr.) Anuj Goyal, Chairman, Research Committee, ICAI, CA. Cotha S. Srinivas, Vice Chairman, Research Committee, ICAI, Central Council Members, ICAI, members of SAFA’s Committee for Improvement in Transparency, Accountability and Governance, Ms. Anoji De Silva, Mr. Md. Humayun Kabir and Mr. Sujan Shrestha, & CA. (Dr.) Jai Kumar Batra, Permanent Secretary, SAFA and Secretary, ICAI.
SAFA, a Network Partner of International Federation of Accountants (IFAC) comprises of eleven accountancy bodies in South-Asian Region with around 5 lakh members, is working in close association with ICAI as Permanent Secretariat of SAFA situated at ICAI Bhawan, New Delhi for betterment of accountancy profession in the Region. SAFA has been organizing Best Presented Annual Report Awards since 1996 in various categories. In addition SAFA has also initiated SAARC Anniversary Awards for Corporate Governance Disclosure since 2006 and Integrated Reporting Awards since 2015.
Awards presentation ceremony was preceded by a panel discussion on the topic “Best Reporting Practices” focusing on brief overview about the Best Reporting Practices adopted globally followed by the award ceremony.
This year Nominations were received from Bangladesh, India, Nepal, Pakistan and Sri Lanka under 14 categories namely Private sector banks, public sector banks, life insurance, general insurance (non-life insurance), financial services, manufacturing, communication & information technology, service (excluding financial services & communication & IT sector), NGOs (including NPOs), agriculture, public sector, diversified holdings, power & energy, and infrastructure & construction. Apart from these 14 sectors, nominations were also received under two special categories, namely SAARC anniversary award for corporate governance and integrated reporting.
The Committee for Improvement in Transparency, Accountability and Governance (ITAG) had number of meetings to finalize the winners of SAFA Best Presented Annual Report Awards, Integrated Reporting Awards & SAARC Anniversary Awards for Corporate Governance Disclosure 2022. After a series of meetings, Conference Marking Session was held from November 24th to 29th, 2023 at Sri Lanka where the winners were decided and approved by the SAFA Board.
Evaluation process was based on various parameters such as statutory compliances, quality, nature and manner of presenting the information, reporting from a corporate governance perspective, sustainability reporting etc. In total 96 awards had been presented, out of which India outshined in Public Sector, Power Finance Corporation and NTPC Limited bagged the joint gold shield whereas RITES Limited was awarded silver shield. “Walton Hi-Tech Industries PLC” was declared as the overall winner from Bangladesh.
Sri Lankan Integrated Reporting was appreciated, and Diesel & Motor Engineering PLC and Softlogic Life Insurance PLC were conferred the Gold Shield and Silver Shield respectively. Infrastructure & Construction sector was excelled by Pakistan based corporates namely Luck Cement Limited-Gold, Cherat Cement Company Limited-Silver & Aisha Steel Mills Limited-Bronze, Nepal was bestowed the Certificate of Merit in Banking Sector etc. List of Awardees is enclosed as Annexure A.
The award ceremony witnessed the participation of more than 250 professionals from SAFA member countries and winners. During the glittering evening, the entities were honored with the awards with the hope that this will inspire all the organizations to achieve best in the reporting practices and disclosures.
28, Dec 2023
Sweeten your festive season with delectable delights from Epigamia
To sweeten this festive season, Drums Food International’s flagship brand, Epigamia, has recently launched a new category of ready-to-eat puddings and indulgent milkshakes. The pudding comes in two classic flavours – chocolate and caramel. The milkshakes, toured as the “Ultimate Luxury Milkshake” come in 3 yummy flavours – Cookies & Cream, Belgian Chocolate and Vanilla Coffee. These new desserts offer a premium, creamy blend that prioritizes flavours without any artificial ingredients or preservatives as it caters to those who enjoy a rich dessert.
Rahul Jain, Co-Founder and CEO, Epigamia, said, “We are enthused to introduce new flavours in the milkshake and pudding category right around the festive season. This is a time for making treasured memories and indulging in delectable delicacies. The newly introduced products are designed to elevate special occasions. Therefore, we are happy to introduce these exquisite treats that encapsulate the holiday spirit.”
For this holiday season, Epigamia suggests indulging in the decadent ready-to-eat puddings as they are poised to be the star of any festive occasion. Whereas, these handy bottled Milkshakes will elevate festive moments, foster shared joy and connections among guests, and create a delightful holiday ambiance.
These indulgent treats, new ready-to-eat puddings and premium bottled milkshakes for this festive season will be available at leading retail stores and online platforms across India.
