Couple Donates Land for Government Health Center in Kerala

Kottayam, 3 -10-2024: Retired Air Force officer and his wife, retired high school teacher Annamma Sunny, have donated 13.5 cents of land in the 12th ward of Neezhoor Grama Panchayat, at Madathiparambil, for the establishment of a government Health and Wellness Center. The foundation stone for the center was laid by the Honorable Minister for Cooperation, Registration, and Ports, V.N. Vasavan, during a ceremony held on Saturday. Kaduthuruthy MLA Adv. Mons Joseph, Kottayam Lok Sabha MP Francis George, local panchayat members, and officials from the health department also participated in the event.

In 2021, the couple had also donated land to build a house for a disabled family in the same panchayat, further demonstrating their dedication to community welfare. Minister V.N. Vasavan praised their selfless contributions to public health and social welfare, expressing the Kerala government’s gratitude. He noted that such initiatives will greatly improve the state’s healthcare system.

The couple’s elder son, Dr. Joseph Sunny, works as an occupational therapist for the Kerala Health Services at Govt.Mental Health Centre, Thrissur, and their daughter-in-law, Mrs. Ponnu Joseph, is the Director of Prayatna, a leading rehabilitation center in Kerala for autism and other psycho-neuro disorders.

Shantanu Maheshwari: ‘My Character Won’t Give Up on Love’ in Ishq In the Air

Mumbai, 3 October, 2024: Amazon MX Player – Amazon’s free video streaming service, recently made headlines with its latest romantic drama, Ishq In the Air. With an impressive IMDb rating of 8.5, this series features Shantanu Maheshwari and Medha Rana in pivotal roles. It follows the story of Naman, a shy Indore boy with a passion for photography, and Kavya, a hairstylist from the bustling city of Mumbai. When they unexpectedly meet at the airport during a delayed flight, their contrasting backgrounds ignite an unexpected bond.

Shantanu Maheshwari who essays the role of Naman, shed some light on his character, “Naman is a smart and intelligent individual, but he struggles with confidence, having always lived in the shadows of his family. He has consistently followed the path laid out for him, never truly having the opportunity to explore his own potential. However, with Kavya entering his life, his confidence gets a boost. He is also deeply respectful towards his family, valuing their importance.”

He further added, “What truly stands out about Naman is that he is a giver, someone who deeply empathizes with others’ pain. He combines this empathy with logical reasoning, which is portrayed in various scenes for the audience to witness. Despite the challenges, Naman remains determined. He refuses to give up on their love and approaches every situation logically.”

Get ready for takeoff into a whirlwind romance as Kavya and Naman’s fates intertwine in Ishq In The Air, streaming exclusively on Amazon MX Player, available within Amazon’s shopping app, on Prime Video, Fire TV, Smart TVs, and Play Store.

Warivo Motor partners with Battery Smart to revolutionize B2B Electric Mobility

New Delhi, 03 October 2024: Warivo Motor India Pvt Ltd, a leading electric two-wheeler manufacturer, and Battery Smart, India’s largest battery swapping network for electric two and three-wheelers, have signed a memorandum of understanding (MoU) to integrate cutting-edge battery swapping technology into Warivo’s fleet, targeting the B2B market.

Following the recent launch of CRX- its first high-speed electric scooter, Warivo Motor aims to lower the upfront costs for fleet operators by decoupling the battery from the vehicle purchase. This innovative approach will not only make electric scooters more accessible to businesses but also ease their transition to sustainable transport solutions. Moreover, the integration of Battery Smart’s vast network of swapping stations will eliminate range anxiety, and also save time, by allowing fleet operators to quickly exchange depleted batteries for fully charged ones, ensuring uninterrupted service and greater efficiency in delivery and logistics operations.

By the end of 2025, Warivo plans to deploy over 20,000 electric scooters equipped with Battery Smart’s battery-swapping technology across India. This ambitious rollout underscores Warivo’s commitment to promoting clean mobility solutions and addressing the rising demand for sustainable transportation options.

Speaking about the partnership, Ms. Tanushree Bhattacharya, Assistant Vice President, Partnerships and Alliances, Battery Smart, stated, “The increasing demand for cost-effective and time-efficient solutions makes battery swapping a vital component of the EV market. Our collaboration with Warivo Motor allows fleet operators to utilize our extensive battery-swapping network, reducing operational costs and boosting efficiency. We are confident that this partnership will accelerate the electrification of commercial fleets across India, paving the way for a more sustainable future.”

Mr. Yuvraj Garg, Director of Warivo Motor, expressed enthusiasm about this partnership, stating, “This collaboration with Battery Smart marks a pivotal step in our journey to transform urban mobility. By incorporating battery-swapping technology into our B2B solutions, we are not only lowering operational costs for fleet operators but also making electric mobility more practical and accessible. With the recent launch of our CRX, a high-speed electric scooter crafted for everyone, our goal is to ensure our product caters to all segments, B2B and B2C equally suitable for all ages. We are confident that this partnership will accelerate the adoption of electric two-wheelers in the enterprise sector, advancing our vision for a more sustainable future.”

This strategic alliance marks a significant step forward in the electric mobility sector, empowering fleet operators with innovative solutions that enhance both cost-effectiveness and operational efficiency.

 Together, Warivo Motor and Battery Smart are committed to transforming urban transportation, fostering a sustainable ecosystem that prioritizes clean mobility and supports the growth of electric vehicles in India.

Toyota Kirloskar Motor Registers 14% Growth in September 2024

Bangalore, 03 October 2024: Toyota Kirloskar Motor (TKM) continues to record positive sales momentum by registering a 14% increase in wholesale sales in September 2024 compared to the same period last year. The company sold a total of 26,847 units, with domestic sales accounting for 23,802 units and exports totalling 3045 units.

In September 2023, the company had sold 23,590 units.

In the first 6-months of the Financial Year of 2024-2025, TKM achieved a notable increase in vehicle deliveries, reaching a total of 1,62,623 units. This marks the company’s strongest performance ever in India. For reference, the company had sold 1,23,939 units in the corresponding period of the previous financial year.

Commenting on the strong sales performance, Mr. Sabari Manohar – Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor said, “As the festive fervour picks-up footfalls and enquiries are charged up which makes us positive of a very good festive season. Notably, our SUV, MPV, and small car segments have experienced significant growth nationwide, contributing over 90% to our sales in in the month of September.

Key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift. This has significantly optimized our supply chain, particularly for high-demand models where waiting periods have been reduced.

We have also consistently implemented customer-centric programs and value-added services aimed at further building on market synergies. In keeping with the festive spirit, we’ve introduced the 555 Plus program that offers exciting new schemes and customer benefits such as extended warranties, free service, Roadside Assistance and attractive exchange offers across key models, giving our customers every reason to celebrate with Toyota this season. We recently, we introduced initiatives like TCare, which consolidates multiple value chain offerings under a single brand, providing top-tier convenience and a hassle-free experience.

Furthermore, with our 1,045 touchpoints and diverse product portfolio, we effectively meet our customers’ needs, whether they’re seeking lifestyle-driven options or solutions for family mobility.”

India Sweet House Opens New Outlet at Reliance Freshpik, 1MG Mall, Bangalore

Bangalore, October 3, 2024 – India Sweet House, one of India’s fastest-growing sweet brands, has officially opened its latest outlet at Reliance Freshpik, 1MG Mall, Bangalore. This 33rd store adds to the brand’s rapidly expanding footprint and continues to deliver an exceptional culinary experience with its vast array of traditional Indian sweets, savouries, and chaats.

The new outlet at 1MG Mall offers over 300+ varieties of sweets and snacks, from the melt-in-your-mouth Mysore Pakto the rich and indulgent Gulab Jamun and Rasgulla, catering to diverse tastes. Their premium festive hampers are also available in the store. The Festive Collection 2024 is designed to cater to every palate and occasion. With no artificial flavors, preservatives, or varak, the sweets are farm-fresh and delivered within 12 hours. Customers can choose from a variety of luxurious gift boxes, each one a token of purity and rich tradition.

Speaking about the new opening, Shwetha Rajashekar and Vishwanath Murthy, Co-founders of India Sweet House, said, “We are delighted to bring India Sweet House to one of Bangalore’s premier shopping destinations. The opening of our store at Reliance Freshpik, 1MG Mall, allows us to connect with a diverse group of customers who appreciate the richness of traditional Indian sweets. We are excited to continue sharing our love for authentic flavors with Bangalore’s ever-growing community of food enthusiasts.”

The new store also features a dedicated seating area, inviting customers to take a break from their shopping and enjoy a moment of indulgence with friends and family. With its prime location at 1MG Mall, India Sweet House continues to build on its vision of offering a blend of tradition and innovation, all while providing a delightful and immersive experience for sweet lovers.

Having grown rapidly since its inception, India Sweet House is set on expanding further, maintaining its focus on bringing high-quality, traditional sweets and savouries to cities across India. Visit the new store at Reliance Freshpik, 1MG Mall, Bangalore, and embark on a flavorful journey through India’s rich culinary heritage.

Lighthouse Canton’s LC Beacon Global Fund Wins at HFM APAC Performance Awards

3rd October 2024:- Global investment firm Lighthouse Canton has announced that LC Beacon Global Fund, managed by Lighthouse Canton, has won the top spot in the Macro (Below $500m) category, at the prestigious 21st HFM APAC Performance Awards.

The HFM APAC Performance Awards are known for their objective and rigorous evaluation, using both Sharpe ratio and absolute return to highlight the hedge funds that best achieve two critical goals— managing volatility and delivering consistent, positive returns to investors.

LC Beacon Global Fund focuses on a dual-strategy approach, generating steady risk-adjusted returns with low volatility and correlation to equity and bond markets. It generates steady, uncorrelated returns by investing in short-dated fixed-income instruments, relative value market-neutral trading strategies and arbitrages across all major liquid asset classes.

Fund’s annualized return for 2024 stands at 9.43%, with a 1.02% gain in August, showcasing an impressive 4.01% outperformance over SOFR during this period.

Sanket Sinha, Global Head of Asset Management at Lighthouse Canton, expressed, “We are honored to receive this recognition for LC Beacon Global Fund. Our commitment has always been to generate superior risk-adjusted returns and create long-term value for our private and institutional clients. This award not only showcases the strength of our asset management capabilities but also affirms the success of our strategy that merges deep fundamental analysis with innovative investment approaches.”

Sunil Kalra, Portfolio Manager for LC Beacon Global Fund, added, “Winning the HFM APAC Performance Award is a significant milestone for LC Beacon Global Fund and the team. This recognition underscores our conviction and our investor’s confidence in the Fund’s unique dual strategy model and its ability to be an effective diversifier in investors’ portfolios. Since inception in 2016, the Fund has not seen a negative month. The numbers are a strong demonstration of our team’s extensive expertise and commitment to maintaining high performance standards and delivering value to our investors.”

Headquartered in Singapore, Lighthouse Canton is a global investment institution with wealth and asset management capabilities. Lighthouse Canton employs over 160 experienced professionals across its offices in Singapore, Dubai, India, and London, and oversees over US$ 3.7 billion worth of assets under management and advisory (as of 30th June 2024).

Its Asset Management business invests on behalf of private accredited clients and institutional investors, comprising strong internal product capabilities in hedge funds, private equity, and traditional fundamental analysis. It runs 8 private and public market funds investing through multiple strategies in real estate private equity, direct lending, venture capital, venture debt, public equities, and global macros.