21, Dec 2023
“The project is truly exceptional, like something never witnessed by the Indian audience”, says Vishaal Asrani director of Masha and the Bear LIVE
Viacom18 LIVE, pioneers in experiential and immersive entertainment experiences, is all set to mesmerize kids and families with the live theatrical adaptation of the famed animated series on Nick Jr., ‘Masha and the Bear’. Produced by Viacom18 LIVE and presented by HSBC India, the entertainment spectacle will go on an incredible journey across the country, commencing in Mumbai on 23rd December 2023, followed by performances in Bangalore, Delhi, and Hyderabad and thereafter concluding its tour in Mumbai in March 2024.
Packed with music, dance, and a strong narrative around “A Very Detective Story”, to make it suit and appeal to children of all ages, the show will provide the audience with an interactive experience where Masha and The Bear will need the audience’s help to solve this mystery together. Featuring various characters from the show, ‘Masha and the Bear LIVE’ is a musical story that will revolve around Masha, the Bear, Professor Nonbelevious, Rosie, the Panda, Sly Fox and Silly Fox & more, who will join Masha to solve the mystery of missing items from her home! With stunning visuals, engaging storytelling, and delightful music, the extravaganza will transport children into the beloved animated world of Masha and her best friend, the Bear, leaving everyone satisfied with solving this mystery with their favorite characters.
Show director of Masha and the Bear LIVE, Vishaal Asrani said, “After 30 years of work in theatre and bringing many productions including, DREAMWORKS’ “Madagascar- A musical adventure” and Rudyard Kipling’s “THE JUNGLE BOOK” to India, we were approached to direct MASHA AND THE BEAR by Viacom18. The project is truly exceptional, like something never witnessed by the Indian audiences. So watch out for a spectacle of song, dance and entertainment of international standard like never before, come alive on stage, for the first time in India.”
Masha and the Bear has gained immense popularity in India, captivating both children and parents with its delightful storytelling and endearing characters. Its widespread appeal on Nick Jr India has made it a household favorite across the country. With the great history of Viacom18 LIVE providing immersive live entertainment, including events like ‘Vh1 Supersonic,’ ‘Vh1 Lift Off,’ and ‘Peppa Pig LIVE musical, the Masha and the Bear LIVE is set to continue this tradition of bringing unforgettable experiences to the audience.
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- By Rabindra
21, Dec 2023
Rashmi Group forays into Coal Mining in West Bengal
Kolkata, 21st December 2023: Rashmi Group, a pioneering force in the Iron and steel industry, has recently forayed into Mining, as a part of the backward Integration process and has achieved a significant milestone by securing the first-ever private coal mining rights in West Bengal. The Ministry of Coal, Government of India, through auction (among others) has allotted three coal mines in the state, namely Kagra Joydev Coal Block and Kasta East Coal Block in Birbhum, along with Jagannathpur B in West Burdwan. These mines were successfully allotted to the Rashmi Group, marking a historic moment in the state’s industrial landscape.
After receiving cabinet approval through the “Long Term Settlement” Scheme (LTS), the Government of West Bengal has transferred 715.58 acres of land to Rashmi Group at Kagra Joydev Coal Block, formerly allotted to DVC. This strategic move sets the stage for the operationalization of the coal block in Birbhum, promising significant employment generation in the region and fostering peripheral development. Additionally, it is expected to contribute substantially to the state government’s exchequer.
Rashmi Group has a robust history of investment in West Bengal till FY 2023, with Rs. 15,000 Crores invested in an Integrated Steel Plant and Rs. 450 Crores in mining activities. Looking ahead, the group is committed to enhancing its presence in the state, with proposed investments of Rs. 20,000 Crores in expanding the Integrated Steel Plant and an additional Rs. 2000 Crores in mining activities from 2023 to 2030.
The current employment scenario showcases the group’s commitment to employment creation in West Bengal, with 40,000 employees in the Integrated Steel Plant and 500 in mining. The proposed expansion plans aim to bolster these figures, with an estimated 40,000 jobs in the Integrated Steel Plant and 15,000 in mining. In terms of revenue contribution, Rashmi Group presently adds Rs. 4700 Crores per annum to the state government’s coffers.
The envisioned expansion plans, including the augmentation of the Integrated Steel Plant in Kharagpur & Jhargram, the establishment of Integrated Steel Plants in Jamuria and Purulia, and other initiatives, signal a promising future for both the industry and the state.
The Group is really indebted to the State Govt. for their continued support and handholding for our existing operations in the State and also for the State Govt.’s encouragement in stepping into new endevours. The State of West Bengal since 2011 has been really industry-friendly and ensuring ease of doing business has given us the confidence to plan larger Investments and also encouraged us to diversify into newer relevant sectors / areas in West Bengal.
In order to start our Mining operations in Kagra Joydev Coal Block (Birbhum), we are confident of the continued support from the local district administration in acquiring Land required for Mining alongside possession of land acquired through LTS in order to proceed with our plans as per schedule.
Mr. Sanjib Patwari, Promoter, Rashmi Group, expressed enthusiasm about the company’s contribution to the state’s growth. He stated, “Rashmi Group is honoured to play a pivotal role in the economic development of West Bengal. We are committed to creating sustainable employment opportunities and contributing to the prosperity of the region. The success of this venture will not
only be a testament to our capabilities but also a symbol of collaborative growth with the state government. Rashmi Group looks forward to a fruitful collaboration with the Government of West Bengal and is optimistic about the positive impact of its ventures on the state’s economic landscape.”
21, Dec 2023
Signature Global Is Now Great Place To Work Certified
New Delhi, December 21st, 2023 – Signature Global (India) Limited has been a Great Place To Work® Certified™ in India from December 2023 to December 2024. This prestigious certification is a testament to Signature Global’s unwavering commitment to cultivating an inclusive, positive, and dynamic workplace environment.
Great Place To Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits, and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.
On this achievement, Mr. Pradeep Kumar Aggarwal, Founder & Chairman, of Signature Global (India) Ltd. said “We are indeed elated and humbled to receive this certification, which serves as a testament to our strong foundational values and our unwavering commitment to providing the best treatment to our employees. This accolade underscores our commitment to fostering a positive and inclusive workplace culture. I commend our dedicated team for their hard work and passion, making this recognition possible. This achievement is a testament to our collective efforts, and we thank the Great Place To Work® Institute for their rigorous evaluation. It inspires us to continue providing an exceptional workplace experience, setting higher standards for employee satisfaction. We celebrate this milestone and look forward to elevating our workplace culture even further.”
In India, the institute partners with more than 1400 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a great place to work for all.
The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver a consistent experience to all their employees irrespective of their role, gender, tenure, or level. Their leaders believe in the vision of creating and sustaining a great place to work for all and role models being for all leaders.
21, Dec 2023
Motovolt And Swobbee Announce Strategic Partnership; To Launch 200 Battery Swapping Stations Nationwide In The Next 24 Months
Kolkata, 21st December 2023: In a transformative move to enhance electric two-wheeler accessibility in India, Motovolt Mobility Pvt. Ltd, a leading e-mobility brand, has joined forces with German climate-tech firm Swobbee. This collaborative effort addresses challenges associated with EVs, with a primary focus on battery charging time, cost, and life to elevate the overall user experience in the country.
The partnership is poised to revolutionize the sector with the commitment to establish 200 battery-swapping stations across India within the next 24 months. This ambitious initiative is supported by a substantial technological and financial investment exceeding 7 digits USD. The initial phase has commenced with the launch of the first two Swobbee battery swapping and charging stations in Delhi and Kolkata. The long-term vision includes generating over $10 million USD in revenue and achieving profitability within five years.
India has witnessed a significant surge in EV sales, particularly in the two-wheeler segment, with around 15.6 million units sold last year, solidifying its position as the world’s second-largest market. However, Indian LEV users continue to face challenges, such as the high upfront cost of batteries, limited range requiring frequent recharging, issues with battery performance and life, and end-of-life use of batteries, in addition to serious safety concerns.
Motovolt, a key player in the e-two-wheeler industry, has been at the forefront of addressing these challenges. The company is dedicated to continuous research and development efforts and industry collaborations to improve the LEV (Light Electric Vehicle) ecosystem. Swobbee, with its expertise in LEV energy services, aligns perfectly with Motovolt’s mission. Motovolt will also expanding its reach into the e-scooters segment in the coming months, further demonstrating their commitment to providing sustainable and convenient mobility solutions for the future.
Mr. Tushar Choudhary, Founder & CEO of Motovolt Mobility said, “Motovolt is committed to understanding customer pain points and helping them overcome them through unique services, product innovations, and industry collaborations. Swobbee’s battery-swapping services offer a unique proposition wherein our customers can subscribe to a swapping solutions provider. This offers freedom from the necessity to purchase batteries upfront with the vehicle, ensuring optimal battery performance, safe and efficient charging, and proper disposal of end-of-life batteries. Additionally, Swobbee will gain access to our product portfolio and customer base, empowering them to establish a nationwide intelligent and multi-manufacturer battery swapping network.”
Initially targeting business customers, including delivery and transport services, Swobbee stations will gradually become available to private customers. These stations are designed as a universal infrastructure solution capable of integrating various LEV battery types from different manufacturers, accommodating diverse technologies and cell chemistries.
“Removing access barriers to clean mobility solutions is imperative not only to cushion the impacts of climate change but to also ensure social equity in the ongoing green transformation. Nowhere is this more important than in the most populous country and the fifth-largest economy on the planet. Small businesses, delivery services, cabs – they all rely on two- and three-wheelers, which are on the roads by the millions. That is why we are very excited to partner with Motovolt to roll out an infrastructure solution that will democratize access to zero emissions LEVs for businesses and private consumers,” explained Mr Thomas Duscha, CEO and Co-founder of Swobbee.
The Swobbee stations are currently accessible to Motovolt’s commercial customers in Delhi and Kolkata. Moving forward, the collaboration aims to onboard other LEV OEMs and establish a comprehensive battery-swapping network for various vehicle makes and types across India. The Motovolt-Swobbee partnership is poised to become a significant milestone in the Indian LEV ecosystem, prioritizing affordability and accessibility for all.
Swobbee’s past initiatives underscore its remarkable trajectory, encompassing an expansion from Berlin to multiple German cities and further into 10 European countries. The company has forged impactful collaborations with industry giants like Volkswagen, Total Energies, Galp, BP, and NIU 2 Wheelers. Swobbee’s global imprint is evident through its pilot project in Indonesia and its pivotal roles within SBMC (Swappable Batteries Motorcycle Consortium) alongside major players like Honda, Piaggio, and Yamaha, and LEVA-EU (Light Electric Vehicle Association – EU) featuring prominent entities such as Mahle, Dott, Van Moof, and Segway 9 Bot.
21, Dec 2023
White Christmas Celebration at Nuvo, Sheraton Grand Pune
Sheraton Grand Pune invites you to an enchanting White Christmas celebration at Nuvo. Join us on December 24th, starting from 12:30 noon onwards for a memorable brunch.
Indulge in the festive spirit as we serve a delectable array of traditional delicacies, including succulent roast turkey, freshly made pastas, Risotto, skewers and mouth watering Christmas pudding, and more. Our culinary team has curated a menu that captures the essence of the season, ensuring a memorable dining experience.
Immerse yourself in the magical ambiance of our stunning white wonderland decor, creating a picturesque setting for you and your loved ones to celebrate the joy of Christmas.
To enhance the festive atmosphere, we have live music featuring the talented duo, Chris and Mike. Let their melodious tunes accompany your brunch, adding a harmonious touch to your White Christmas celebration.
So head to Nuvo for a Christmas brunch like no other.
What: Christmas Brunch
Where: Nuvo, Sheraton Grand Pune
When: 24th December 2023, 12:30 pm onwards
Price: Only food – INR 2654 AI I Spirited brunch – INR 4393 AI
Contact: +91 7391073657
21, Dec 2023
VitrA’s Innovative Sensor Hygiene Faucets – The Root Collection
VitrA, a pioneer in bathroom solutions, is thrilled to unveil its latest innovation in the realm of hygiene and design – the Root Collection of sensor faucets. This cutting-edge series combines functionality, safety, and aesthetic appeal, making it the ideal choice for any bathroom design concept.
The Root Collection stands out with its diverse range of forms and sizes, meticulously crafted to seamlessly complement various bathroom styles. Engineered by the Design Team at VitrA, these faucets boast motion-activated technology, offering a truly hands-free and convenient hygiene experience.
Designed with a focus on public spaces where maintaining hygiene is of utmost importance, the sensor functionality of VitrA’s Root faucets is pivotal in minimizing the potential transmission of pathogens and contamination. The faucets are programmed to stop water flow automatically when users step away from the sensor, not just prioritizing safety but also contributing to water conservation.
VitrA’s commitment to user well-being extends beyond sensor technology. The Root Collection includes thermostatic bathroom mixers that maintain a constant water temperature without the need for manual adjustments. This guarantees a comfortable and safe user experience, as the mixers swiftly disconnect hot water when cold water is cut off, preventing any potential harm to users. Whether connected to the mains or operated by batteries, VitrA’s Root mixers prioritize safety with waterproof cables, ensuring secure and reliable usage. The collection exemplifies VitrA’s dedication to innovation, sustainability, and user-centric design.
Elevate your bathroom experience with VitrA’s Root Collection, where cutting-edge technology meets timeless design, setting a new standard for sensor hygiene faucets.
21, Dec 2023
BPCL’s Kochi Refinery forges ahead with a Rs. 5044 Crore Investment in Polypropylene Production
Mumbai, 21st December 2023: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 Company and a Maharatna Energy Conglomerate, proudly announces a groundbreaking initiative aimed at shaping a sustainable future. With an investment of Rs. 5,044 Crore, BPCL is set to establish a Polypropylene (PP) Unit at Kochi Refinery, responding to India’s burgeoning demand for petrochemicals.
This visionary project leverages the abundant Propylene feedstock at Kochi Refinery, marking a significant milestone in reshaping the petrochemical industry landscape. The Polypropylene Unit, boasting a production capacity of 400 Kilo-Tonnes Per Annum, is strategically designed to meet market demands and reinforces BPCL’s commitment to downstream industries.
Shri G Krishnakumar, C&MD, BPCL, shared “Our Rs. 5,044 Crore investment in the Kochi Refinery’s Polypropylene Unit is part of our strategic commitment towards a sustainable future. Addressing India’s petrochemical demand, this project will reshape the industry, meeting the requirements for Packaging Films, Containers and more.”
Polypropylene, a versatile material, finds applications in Packaging Films, Sheets, Boxes, Containers, Bags, Home Ware, Home Care, Personal Care, and everyday articles. The project is slated for completion in approximately 46 months, signaling BPCL’s dedication to driving innovation and meeting the evolving needs of the market.
This initiative builds upon BPCL’s existing capabilities, with the operation of a Propylene Derivative Petrochemical Plant (PDPP) at Kochi Refinery. PDPP has been instrumental in producing critical import substitutes, including acrylic acid, acrylates, oxo-alcohol, and other niche petrochemicals. Notably, PDPP was dedicated to the nation by the Hon’ble Prime Minister Shri Narendra Modi in February 2021, underscoring BPCL’s commitment to the vision of Atma Nirbhar Bharat.
As BPCL takes this momentous step towards a sustainable future, the company remains steadfast in its mission to contribute to India’s economic growth, promote self-reliance, and advance the petrochemical industry. This endeavor aligns with the broader objectives of Atma Nirbhar Bharat, reflecting BPCL’s commitment to driving positive change and fostering a resilient and self-sufficient nation.
20, Dec 2023
New Passive Funds tracking Nifty Indices launched in Japan and Korea
In the calendar year 2023, seven new Passive funds (ETFs/Index Funds) tracking Nifty Indices were launched in Japan and Korea. Six products are tracking Nifty 50 and 1 product is tracking Nifty50 2x leverage index. These new products have garnered Assets under Management (AUM) of about USD 550 million.
| Sl. No. | Issuer Name | Country of Listing | Index Name |
| 1 | Daiwa Asset Management | Japan | Nifty 50 |
| 2 | NZ Asset Management | Japan | Nifty 50 |
| 3 | au Asset Management | Japan | Nifty 50 |
| 4 | Sumitomo Mitsui Trust Asset Management | Japan | Nifty 50 |
| 5 | Mirae Asset Global Investments | Korea | Nifty 50 |
| 6 | Samsung Asset Management | Korea | Nifty 50 |
| 7 | Samsung Asset Management | Korea | Nifty50 2x Leverage |
Presently, there are 21 Passive funds tracking Nifty Indices outside India. These products have been launched by large global asset managers including iShares Blackrock, DWS, First Trust, Nomura Asset Management, Mirae Asset Global Investments, Samsung Asset Management, Fubon Asset Management, Global X, Kiwoom Asset Management etc. In addition, there are 270 Passive funds tracking various Nifty Indices in India.
In the last ten years, the total AUM of Passive Funds tracking Nifty Indices in India and outside India has increased to about USD 70 billion in November 2023 from about USD 1 bn in November 2013, growing at a staggering annualized rate of 53%.
Shri Ashishkumar Chauhan, MD & CEO, NSE, said: “Investment by large global asset managers is growing in India, given the performance of our economy and favourable demographic profile. I would like to thank them for showing trust and confidence in the Indian Capital Markets. I would also like to extend my sincere gratitude to the Government of India and market regulator, Securities Exchange Board of India (SEBI), for enabling market friendly policies. With focused efforts of all the stakeholders and expected robust performance of the economy, we will surely progress towards achieving many more milestones in future.”
Shri Mukesh Agarwal, MD & CEO, NSE Indices, said: “We are seeing a strong demand from global asset managers for launching India-focused passive products. 2023 has been a historic year for NSE Indices with seven passive products launched outside India on Nifty indices during the year and they also garnered good AUM. We expect this trend to continue and many more India focused passive products are expected to be launched outside India in 2024 as well. We will continue to work with our clients to launch innovative India focused indices for launch of passive products.”
20, Dec 2023
Mysore Saree Udyog unveils spectacular new flagship store in Hyderabad at Jubilee Hills
Bangalore, 21st December 2023: Mysore Saree Udyog, a pioneer among India’s ethnic wear brands with a rich legacy of catering to an extensive consumer base in Bangalore, has announced the opening of its new flagship outlet in Hyderabad. Located in Jubilee Hills, this store is a significant milestone that further underscores the brand’s commitment to timeless elegance, impeccable craftsmanship, and the preservation of traditional weaves.
Spanning 15,000 square feet across four floors, the new store proudly showcases an exquisite array of pure silk sarees, lehengas, fabrics, ready-to-wear, unstitched suits, salwar kameez, and dupattas. These offerings seamlessly blend traditional and contemporary styles, catering to every occasion. The uniqueness of these collections arises from in-house design interventions, facilitating the creation of exclusive, high-quality products. Additionally, every fabric available at the store can be authenticated through on-site real-zari testing and Silk Mark certifications, affirming the true value of the offerings.
Aligning with its Bangalore counterpart, the Hyderabad store assures a unique price match guarantee and diverse customer service options via WhatsApp commerce and video call shopping. Embracing its global acclaim, the brand pledges an engaging and personalized shopping experience, both online and offline. More than just a retail space, the new outlet represents a commitment to surpassing expectations and delighting even the most discerning consumers in the city.
Commenting on the expansion, Kamlesh Talera, one of the founders of Mysore Saree Udyog, said, “Nestled in the heart of Hyderabad and surrounded by picturesque neighborhoods, this area exudes a timeless charm – much like our brand. With a legacy spanning four distinguished decades, we strive to keep up with the trends without compromising on our core DNA anchored in transparency, superior quality, and customer satisfaction. We are excited to enter a new market that resonates with our values, appreciates craftsmanship, rich heritage and reinforces our dedication to offering unparalleled elegance and service.”
Since its inception in 1982, Mysore Saree Udyog has embarked on a journey of preserving the heritage of Indian textiles by supporting the craftsmanship of over 3000 artisans across the country. The brand has remained an emblem of sophistication, representing a cultural cornerstone for ethnic wear and saree aficionados. As it expands beyond Karnataka, the brand is poised to fortify its offline retail footprint, bringing its legacy of elegance and tradition to new horizons.
20, Dec 2023
Royal Orchid Hotels expands footprint in Andhra Pradesh
Bangalore, 20th Dec 2023: Continuing its effort to spread its wings across the country, Royal Orchid & Regenta Hotels has added yet another luxury offering to its ensemble as it opens a stunning new property – the Regenta Inn Bhavani – in the vibrant city of Nellore.
Positioned as a beacon of opulence, Regenta Inn Bhavani stands out as the epitome of luxury for discerning travellers. Strategically located just minutes away from the central bus stand, 15 minutes from the central train station and a 3-hour drive from Tirupati Airport, and an 8-hour drive from Bengaluru, the property seamlessly blends traditional charm with contemporary amenities, reflecting the city’s rich heritage and progressive ethos.
Chander K Baljee, Chairman and Managing Director of Royal Orchid & Regenta Hotels, stated, “Our mission is to provide an unparalleled experience for all our guests, whether for business or leisure. Every aspect of Regenta Inn Bhavani has been crafted as a testament to Nellore’s dynamic, inspiring, and welcoming spirit.”
Nestled on the banks of the Penna River, Nellore is known for its blend of tradition and modern dynamism. With geographical proximity to Bengaluru, it serves as a strategic getaway for Bleisure travellers. The city’s fabric is woven with spirituality, featuring numerous temples for those seeking tranquillity. Nellore is also a haven for retail therapy, showcasing intricate craftsmanship and traditional artistry through the popular Venkatagiri sarees, emblematic of the region’s rich textile legacy.
Regenta Inn Bhavani, with its 41 rooms, including six lavish suites, is ideally situated near landmarks such as Mypadu Beach, Sri Ranganathaswamy and Penchalakona Temples, and a short walk from the City Shopping Area, offering a convenient retreat for visitors seeking cultural experiences and shopping indulgences.
Philip Logan, COO of Royal Orchid & Regenta Hotels, commented, “We have curated an experience that resonates with Nellore’s pulse and meets the discerning needs of our guests. Our commitment extends beyond luxury accommodation; it’s about fostering a connection with local heritage, seen in the artistry of Venkatagiri sarees, and providing a platform for local talent to shine. This synergy of local culture, strategic location, and our dedication to service excellence culminates in memorable and meaningful experiences.”
Regenta Inn Bhavani caters to a variety of occasions with versatile spaces, making it an excellent choice for MICE. The pillar-less banquets ensure memorable events with bespoke décor that leave a lasting impression.
The all-day dining restaurant, Burgundy, skillfully draws on the cultural tapestry of Nellore, offering a diverse menu featuring local Andhra cuisine, continental, and oriental dishes prepared with fresh local ingredients. As a 100% non-smoking zone, the hotel serves as a significant local employment generator, with many local talents contributing in various roles.
Whether for leisure seekers enchanted by the city’s historical depth or business travellers, Regenta Inn Bhavani promises an experience that embodies luxury, convenience, and the assurance of unforgettable moments.
