2, May 2024
IIM Sambalpur’s 8th Annual Convocation Witnesses Conferring Degrees to 236 Graduating Cohorts
Sambalpur, 2nd May 2024; IIM Sambalpur, one of the premier management institutions, achieved a significant milestone as the convocation ceremony witnessed the conferral of 236 degrees upon the 8th MBA batch (2022-24) and the first batch of Executive MBA (2021-23). The graduation ceremony also featured the recognition of outstanding academic achievements by Priya Pant and Roma Dash, as they secured Chairman’s Gold Medals for Scholastic Performance in the MBA and Executive MBA Programme, respectively. It was a matter of pride for IIM Sambalpur and a true testament to women’s empowerment to witness two female awardees receiving the first rank in the prestigious awards. Moreover, it is to be noted that out of the top 10 scorers in the MBA batch, 6 of them were from the reserved categories.
Mr. Chandra Shekhar Gosh, Founder, MD & CEO, of Bandhan Bank, presided over the convocation ceremony as the Chief Guest. Mrs, Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur, and Chairman & CEO, Salesforce India graced the occasion. Prof Mahadeo Jaiswal, Director, IIM Sambalpur, along with deans, faculty members, the graduating students, and their parents were present at the ceremony.
Mrs Arundhati Bhattacharya, Chairman, BOG, IIM Sambalpur and Chairman & CEO, Salesforce India, motivated the graduating students as they embarked on their professional journeys and said, “Self-management is paramount importance for achieving progress in all aspects of life and is the cornerstone of success. Without self-discipline, resilience, and the ability to navigate challenges with equanimity, one cannot truly master self-management.”Mrs Bhattacharya further said, “If you cannot lead in times of crisis or step back during periods of steady growth, then you have not yet learned to manage yourself effectively. And without this foundational skill, no amount of management lessons will lead you to success. Therefore, I urge you to reflect on the importance of managing yourself as you leave here today.”
During his keynote address, Mr Chandra Shekhar Gosh, Founder, MD & CEO of Bandhan Bank, shared insights from his life journey and discussed the Human Development Index and its components such as per capita income and education. He also highlighted the challenges faced by individuals at the grassroots level, exemplified by the need to borrow money at exorbitant interest rates due to a lack of access to affordable finance. Mr. Gosh also gave a piece of advice to management passing batch and said, “First, try to find the people who are the best fit for the job, rather than requiring everyone to be highly skilled.”
In the welcome address, Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shed light on the achievements of the premier institute over 9 years and said, “This academic year at IIM Sambalpur has been remarkable progress towards the vision of becoming an institute of par excellence. The newly built campus witnessed the establishment of an i-Hub Incubation Center, the 9th Pan IIM World Management Conference, the 100 Cube Startup Conclave, tie-ups with international universities, the commencement of the Delhi Campus and the inauguration of the permanent campus of IIM Sambalpur, among others.” Prof Jaiswal further said, “This batch is graduating into an exciting era, while the Indian economy is booming. India’s current economic landscape has rich potential, for not only corporate giants but also startups funded by various stakeholders, including the government. India boasts over 98,000 startups and more than 110 unicorns, showcasing the vibrant entrepreneurial ecosystem in the country.” Prof. Jaiswal imparted five success mantras to graduating students like embracing an owner mindset and not the corporate slave mindset, adhering to legal & ethical compliance, becoming problem solvers, taking calculated risks while maintaining professionalism, and learning innovation through technology.
During the Convocation Ceremony, out of 236 graduating students, 190 graduating cohorts received their MBA degrees, while 46 Executive MBA students graduated on this day. A total of five medals were awarded to the meritorious students of the graduating class. In the MBA program, the prestigious Chairman’s Gold Medal for Scholastic Performance was received by Ms. Priya Pant from Uttar Pradesh for securing the 1st rank based on the highest CGPA, and the Director’s Gold Medal for Scholastic Performance was awarded to Mr. Aditya Kumar from Bihar for securing the 2nd rank based on the second highest CGPA. The IIM Sambalpur Gold Medal for the best all-around performance, based on scholastic achievements, extracurricular activities, and institutional building activities, was received by Mr Devashish Malkani from Uttar Pradesh. Additionally, for the Executive MBA, the prestigious Chairman’s Gold Medal for Scholastic Performance was awarded to Ms. Roma Dash from Odisha, recognizing her as the 1st Rank holder with the highest CGPA, and the Director’s Gold Medal for Scholastic Performance was received by Mr Binaya Bhusan Panda from Odisha, who secured the 2nd Rank with the second-highest CGPA.
- 0
- By Rabindra
2, May 2024
Housing in Mumbai continues to thrive with strong April 2024 property registrations
Mumbai’s real estate sector is witnessing an impressive performance with property registrations for April 2024 expected to cross 11,500 units from 10,514 a year earlier. Notably, the current figures represent a 9% increase in registrations compared to the same period last year, reflecting a continuous positive outlook. This robust activity is projected to contribute over Rs 1,043 crore to the state exchequer, according to a report by Knight Frank India. The city’s property sector, under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC), has consistently shown strong results, marking the fourth consecutive month where registrations have exceeded 10,000 units.
The majority of these transactions, about 80%, have been residential properties, underscoring the sustained demand for housing in the region. This trend is a clear indicator of homebuyers’ unwavering confidence in Mumbai’s real estate market, which has remained attractive to potential buyers.
April 2024 has also seen Mumbai record the second-highest number of property registrations for the month in the last 12 years, alongside the highest collection of stamp duty ever recorded for April. This surge in activity and revenue can be attributed to rising income levels and a positive attitude towards homeownership among Mumbai residents.
Here are the comments from the industry leaders on the robust registration numbers.
Mr. Prashant Sharma, President, NAREDCO Maharashtra
“We are witnessing an exceptional phase in the Mumbai real estate market, as evidenced by the robust property registration figures for April 2024. This activity, contributing significantly to the state exchequer, underscores the unwavering confidence that homebuyers have in our city. The consistent achievement of surpassing 10,000 property registrations for the fourth consecutive month speaks volumes about the dynamism and resilience of Mumbai’s real estate sector. It also highlights a strong and sustained demand for housing, driven by increasing income levels and a positive shift in attitudes towards homeownership. It is imperative for us to continue fostering an environment that encourages such positive trends, ensuring that Mumbai remains a preferred destination for investors and homebuyers alike.”
Mr. Pritam Chivukula – Vice President, CREDAI-MCHI and Co-Founder & Director, Tridhaatu Realty
“We are thrilled to witness the robust performance of Mumbai’s real estate market, as reflected in the April 2024 property registration numbers. This achievement not only demonstrates the unwavering confidence that homebuyers have in the Mumbai market, but also underscores the resilient demand for residential spaces in Mumbai. This is indicative of the vibrancy and allure of Mumbai as a prime location for both living and investment. The fact that April 2024 marks the second-highest number of property registrations for the month in over a decade, along with the highest April stamp duty collection in the same period, is a testament to the growing economic prosperity and the positive sentiment towards real estate investment in our city.”
Mr. Vedanshu Kedia, Director, Prescon Group
“We are witnessing a consistent uptrend in home sales over the past few quarters, signaling a positive trajectory for the housing sector. Factors such as rising income levels, heightened aspirations for an enhanced lifestyle, and the imperative desire for homeownership have all played pivotal roles and have been contributing factors for this uptick in home sales.”
2, May 2024
Uno Minda brings Clarton’s premium C80 trumpet horn with European Technology to the Indian aftermarket
2nd May 2024 The Indian automotive industry has ushered into a new era with customers now demanding more premium products from automobile manufacturers, considering that owning a car is not only necessary. It’s a style statement, a part of their personality, for which people have started paying attention to the minutest detailing. The recent trend highlights that consumers are ready to spend extra money on their cars but these changes are not merely limited to the interiors or exterior upgrades anymore. The consumers are exploring beyond such as changing their reliable disc horns with sweet-sounding trumpet horns. The problem is that many horn manufacturers sell trumpet horns, but most of them are horns that usually don’t sound like a premium trumpet horn.
But now, Uno Minda, a leading Tier 1 supplier of Proprietary Automotive Solutions to Original Equipment Manufacturers (OEMs), in its latest product offering in the Indian aftermarket has unveiled a premium range of trumpet horns, named C80, which is designed for every car owners who are looking to replace their standard horns with superior sound quality ones, to give their cars an enhanced personality.
The technology of Uno Minda C80 premium car horn comes from the company’s acquisition of Clarton Horn, Spain, which makes it the second largest horn manufacturer and OEM supplier globally. Uno Minda has brought the signature product of Clarton to India, whose sound is similar to the majestic & soothing horn sound of premium segment cars, the quality of which has been very well accepted among luxury car owners. Uno Minda saw a genuine demand for this type of horn among Indian consumers and decided to make this premium trumpet horn available in the Indian aftermarket.
This trumpet horn promises a potent performance with an 80-millimeter diameter and a robust sound output exceeding 105 decibels. Operating on a 12-volt power supply, the C80 horn requires a shallow current of 3.5A to give such a powerful yet pleasant sound. Its compact design ensures its compatibility with various vehicles, from hatchbacks to luxury models. Renowned global premium OEMs such as BMW, Mercedes, and Rolls Royce favor these horns, underscoring their exceptional quality and immense potential.
Speaking on the occasion, Mr. Anand Kumar, Head of Product & Strategy, in the Aftermarket Uno Minda Ltd., said” There is an ongoing trend where the cars now evoke emotions, and owners seek top-notch aftermarket products to enhance their driving experience. Recognizing a growing demand for high-quality horns that not only ensure safety but also add personality to vehicles, Uno Minda embarked on a mission to redefine the role of horns on the road, through the introduction of C80. With its compact and lightweight design, coupled with premium sound quality, the C80 promises to elevate the driving experience with its distinct tone. We are confident that this horn would become a sought-after horn for car enthusiasts, leaving a lasting impression on the market.”
The C80 vehicle Horn represents Uno Minda’s unwavering commitment to on-road safety and consumer satisfaction. Extensive market research has shaped its design and functionality, ensuring that it meets the highest standards of quality and reliability. Rigorous testing, including 100,000 cycles of environmental simulations, guarantees durability and performance in any condition. Moreover, its low current consumption of 3.5 amps ensures seamless integration with any vehicle’s electrical system, without causing strain.
Furthermore, the premium packaging, equipped with a lock-and-tear feature to prevent counterfeiting, underscores Uno Minda’s focus on delivering a secure and authentic customer experience. Additionally, its universal fit ensures effortless installation in any car model, thereby enhancing its accessibility for everyone.
Uno Minda’s Ultimo C80 premium trumpet horn comes with a one-year warranty. Priced competitively, the C 80 premium car horn is priced at MRP 1080 INR and is available at all the leading online and offline retail stores including UnoMinda Kart, Amazon, and Flipkart.
2, May 2024
Zeenat Aman recreates two of her most iconic looks for the New Charlotte Tilbury & Nykaa campaign
May, 2024: Get ready to groove to the beat of beauty as Charlotte Tilbury and Nykaa join forces with the iconic Zeenat Aman! In a celebration of timeless style and bold femininity, Zeenat Aman unveils the latest Reds and Pinks Collection from Charlotte Tilbury, available exclusively on Nykaa. Get ready for a whirlwind of glam, charisma, and iconic looks.
Grooving to the rhythm and recreating her most iconic looks with Charlotte Tilbury’s new lipstick shades, Zeenat Aman,the forever icon, is back in action, with Charlotte Tilbury’s Reds & Pinks lipsticks. Whether it’s a sultry red or a vibrant pink, each swipe captures Zeenat Aman’s eternal appeal, bringing her retro style to life with every move!
Let the beauty beat drop – it’s time to turn up the glamour with Nykaa & Charlotte Tilbury. Shop the new collection exclusively on Nykaa.
2, May 2024
Kotak Announces Departure of KVS Manian, Joint Managing Director from the Group
Bengaluru,2nd May 2024: Kotak Mahindra Bank (‘the Bank’) today informed the exchanges that KVS Manian, Whole Time Director designated as Joint Managing Director has stepped down from his position to pursue other opportunities in the Financial Services sector. The Board has accepted his resignation with immediate effect.
Leveraging its strong leadership strength, the Bank announced a new reporting structure to drive a sharper focus and leadership oversight to its business.
The Wholesale, Commercial, and Private Bank will now report directly to Ashok Vaswani, Managing Director & CEO, while the Asset Reconstruction Division will report to Shanti Ekambaram, Deputy Managing Director. Shanti will also oversee the Investment Banking and Institutional Equities businesses.
Commenting on the development, Ashok Vaswani, MD & CEO, Kotak Mahindra Bank said “Manian has spent over 29 years at Kotak and we are thankful to him for his association and we wish him well in his future endeavours. We are confident of the strong leadership talent at Kotak and our ability to scale our businesses to the next level in times to come.”
2, May 2024
Mount Kailash Welcomes Pallavi Saha as New CEO to Lead Company’s Strategic Expansion
Delhi, 2nd May, 2024: Mount Kailash, a leading player in the Indian Beverage Industry is pleased to announce the appointment of Pallavi Saha as its new Chief Executive Officer. Ms. Saha assumed the role recently, marking a significant step in the company’s journey toward growth and expansion.
With an impressive background in both FMCG and technology industries, Pallavi Saha boasts over two decades of experience. Having previously contributed to the success of renowned brands such as Apple, Whirlpool, and Chobani, she is recognized for her leadership in building product lines from scratch across the United States, Europe, and the Asia-Pacific region.
Pallavi Saha’s appointment as the new CEO of Mount Kailash comes at a pivotal moment as India accelerates its journey to become the third-largest consumer market by 2027. With her deep understanding of global trends and their implications for industries, she will play a key role in shaping the company’s strategies to align with India’s projected economic ascent.
Commenting on the same, Ms. Saha stated, “I feel deeply honored to be associated with a Brand that embodies the noble mission of uplifting humanity. It’s both humbling and inspiring to carry forward this esteemed legacy.”
During her initial three months at the helm, Ms. Saha has adopted a hands-on approach, immersing herself in the front lines to understand the market dynamics, stay close to customers, and address emerging challenges. Pallavi will lead Mount Kailash’s strategic expansion plans that will initially focus on the Delhi National Capital Region (NCR), where the Company aims to strengthen its presence and envisions gradually expanding its reach in the northern belt, ensuring that a broader audience benefits from their high-quality hydration solutions.
2, May 2024
Manipal Academy of Higher Education Celebrates Founder’s Day to Mark the 126th Birth Anniversary of Dr T.M.A Pai
2nd May 2024: Manipal Academy of Higher Education (MAHE), Manipal, celebrated the 126th birth anniversary of its founder Dr T.M.A Pai on Tuesday, 30 April 2024. Shri K. V. Kamath, Chairman, National Bank for Financing Infrastructure and Development (NaBFID) & Chairman, Jio Financial Services Ltd. was the Chief Guest of the event. The celebration was also attended by dignitaries from the Manipal Group like Mrs. Vasanti R Pai, Trustee, MAHE Trust, Dr Ranjan R Pai, President, MAHE Trust, Registrar, AGE & Chairman, MEMG, Bengaluru, Mr. T Ashok Pai, President, Dr. TMA Pai Foundation, Manipal, Mr. T Satish U Pai, Executive Chairman, Manipal Media Network Ltd., & Vice President, Academy of General Education, Dr. H S Ballal, Pro-Chancellor, MAHE & President, AGE, Manipal, Lt Gen (Dr) M D Venkatesh VSM (Retd.), Vice Chancellor, MAHE, Manipal. The event was also graced by several senior officials from the Manipal Group, making it a memorable celebration of Dr. T.M.A Pai’s legacy.
Each year Manipal Group of Institutions observes Founder’s Day on April 30th to honour and remember the legacy of Dr T.M.A Pai, the visionary founder of the Manipal Group, who transformed the once barren hilltop of Manipal into a globally renowned educational hub. This year’s celebration was marked by several programs, which began with a heartfelt floral tribute to Dr T.M.A Pai by all the distinguished guests and dignitaries.
Welcoming the audience, Dr H. S. Ballal, President, Academy of General Education & Pro-Chancellor, MAHE, Manipal, said, “On behalf of MAHE, I extend a warm welcome to everyone. As we gather here today to celebrate and remember the legacy of Dr T.M.A Pai this annual occasion holds great significance in our institution’s history as it commemorates the vision, dedication, and pioneering spirit of our esteemed founder”.
Remembering the journey of Dr. Pai, Dr Ballal further added, “Dr T.M.A Pai was a visionary for two reasons, he started an institute of general education to provide skill training for those who didn’t do academically well in their high school. His focus was to train them so they could become employable. Additionally, in 1952 he started one of its kind self-financing medical college in the private sector with the government.
Reflecting on the 126th birth anniversary of Dr Pai fills me with a profound sense of admiration. His pioneering spirit in education continues to guide the Academy of General Education (AGE) as we aim to nurture future leaders. Having witnessed MAHE’s incredible growth from a medical college to a premier university, I am proud to contribute as Pro-Chancellor. Today, let us all pay tribute to Dr Pai’s exceptional journey by dedicating ourselves to excellence in education and shaping responsible global citizens.”
The Chief Guest, Shri K. V. Kamath, Chairman, National Bank for Financing Infrastructure and Development (NaBFID) & Chairman, Jio Financial Services Ltd., addressed the audience present and spoke about the remarkable vision of Dr T.M.A Pai and his profound efforts in revolutionising the Indian Education System. He said, “It is an honour to be here at Manipal Academy of Higher Education, celebrating the 126th birth anniversary of its founder, Dr T.M.A Pai. Dr Pai’s vision and dedication to education serves as a beacon of inspiration for us all and his legacy lives on in the success of MAHE, a true pioneer in Indian education that stands as a powerhouse of knowledge and innovation. I remember him for his pioneering efforts and ability to think through the challenges which existed at the time when there was limited conversations and awareness around the need of providing education. As we celebrate Dr Pai’s remarkable journey, let us all pledge to rededicate ourselves to the pursuit of knowledge and excellence to ensure a brighter future for generations to come.”
Addressing the audience, Lt Gen (Dr) M.D. Venkatesh, VSM (Retd.), Vice Chancellor of MAHE, said, “On this momentous occasion of the 126th birth anniversary of Dr T.M.A Pai, we celebrate a legacy of education and societal upliftment. Dr Pai’s vision not only transformed Manipal into an academic hub, but also instilled a deep appreciation for our regional heritage. We at MAHE rededicate ourselves to follow integrity, quality, execution, transparency, passion, human touch and team work in our relentless journey towards the excellence. Through our initiatives, we strive to keep his legacy alive by empowering underprivileged communities and fostering a culture of innovation and service”.
He further added that, “Dr Pai’s life was not just a journey of his individual achievements but a testament to the power to transform the lives of countless individuals. He firmly believed that the education should not be a privilege for a few but a fundamental right regardless of their background”.
The event also included several presentations, including the “Kundapur Mohan and Latha Bhandarkars’ Merit-cum-Means Scholarships”, the “Smt. Sharada M Pai – Dr. Padma Rao Memorial Award” for the Best Nursing and Anganwadi Service, the “Smt. Sharada M Pai – Dr. Padma Rao A- MMS Diamond Jubilee Award” for the Best Female Warden/Caretaker (Non-Teaching Staff), and the “Smt. Geetha K Nayak Memorial Award” for the Senior Nurses of Kasturba Hospital.
Dr. NN Sharma, Pro Vice-Chancellor – Strategy & Planning, MAHE, delivered the vote of thanks.
2, May 2024
Spirited Exchange Sunrisers Hyderabad Cricketers at Wrogn
Hyderabad, May, 2nd 2024: Star cricketers from Sunrisers Hyderabad had a Meet & Greet with the enthusiastic cricket fans at Wrogn, Sarath City Capital Mall, Kondapur. Wrogn is India’s prominent youth fashion and lifestyle brand and is the Official merchandise & Lifestyle partner of Sunrisers Hyderabad. The ace cricketers comprising of Heinrich Klassen, Abdul Samad, Nitish Kumar Reddy, Jaydev Unadkat and T Natarajan engaged in a spirited exchange with the exuberant fans, who were swept up by the presence of their idols among them. The Cricketers responded to the fans’ questions and shopped from the Wrogn store making it a memorable day for all attendees.
Located in Kondapur, the WROGN store at Sarath City Capital Mall was a perfect venue for this unique blend of sports and style. Fans got a chance to meet their favorite cricketers and also explore the latest WROGN collection. The event drew a large crowd, thanks to the immense popularity of SRH and the charismatic appeal of the brand WROGN.
2, May 2024
NMIMS Hyderabad SBM Conducts 13th Convocation Ceremony – Reflects on Numerous Campus Achievements Amid Celebration
Hyderabad, 2nd May 2024 SVKM’s NMIMS Hyderabad School of Business Management (SBM) held its 13th Convocation Ceremony for the Master’s in Business Administration (MBA) 2022-2024 batch. The monumental occasion saw a total of 266 being conferred their MBA degrees.
Mr. Sairam Prasad, CEO, Suzlon Global Services Limited., graced the event as the Chief Guest. Dr Sharad Mhaiskar, Pro-Vice Chancellor; Mr. Pravin H Doshi, Member Managing & Executive Committee, and Nominee of the Hon’ble Chancellor; Mr. Ashish Apte, Controller of Examinations, Dr N Mahesh Kumar, Deputy Registrar, Dr Suneetha Sistla, Programme Chairperson; Dr Y L N Kumar, Associate Professor, SBM were present in the ceremony as part of the NMIMS leadership.
The grand event began with an academic procession and the lighting of the lamp. Mr. Pravin H Doshi presided over the prestigious ceremony and conferred the degrees to the new graduates. Pro VC Dr Sharad Mhaiskar administered the oath to the students followed by the sustainability oath by Dr Suneetha Sistla. Commemorating the memorable occasion, Dr. Sharad Mhaiskar and Mr. Sairam Prasad delivered inspiring addresses to a hall full of dignitaries, faculty, and enthusiastic students.
Meanwhile, Dr Y L N Kumar presented the SBM School Report. In the preceding academic calendar, NMIMS Hyderabad SBM achieved several milestones. In the academic year 2023-2024, the distinguished faculties of SBM published 32 distinct research papers in National and International journals. Of these, two papers were published in the ‘A’ category of ABDC-listed journals.
Furthermore, NMIMS Hyderabad SBM had a highly successful placement season, with 85 companies hiring top talent and the highest offer being INR 11 Lakh per annum. Among the top employers were PwC, Bank of America and Nestle. Moreover, the WeCare Winter Internship Programme saw students being placed in corporations such as TATA Steel, TATA Power, and Microsoft, among others to assist them in their social initiatives.
Moreover, meritorious students were presented with awards with Dean awards & Gold medals for their academic achievements. Faculty members were also awarded on their areas of excellence in Academics, Research, and Multi-campus program coordination. Best Faculty was awarded to Dr. YLN Kumar, Best Researcher award to Dr ShowkatBusru and Best Faculty – Multi-Campus Program Coordination to Dr Abhilash Ponnam.
Addressing the graduating students, Mr. Sairam Prasad said, “As fresh graduates, when you step into the professional world, you must remember three important things. Firstly, you must have a global perspective, secondly, you must be patient and thirdly you must work towards building your unique value.”
Dr Sharad Mhaiskar congratulated the graduating students and said, “NMIMS has a strong legacy of providing quality education to aspiring students from different sections of society. The NMIMS legacy is built on five important pillars – Excellence, Employability, Innovation, Responsibility and Collegiality. The School of Business Management has been a bearer of this legacy. As you graduate, you will be inheriting a proud and privileged NMIMS legacy of beliefs and sustained values to translate vision into action.”
The solemn ceremony ended with a Vote of Thanks by Dr N Mahesh Kumar, Deputy Registrar, NMIMS Hyderabad.
2, May 2024
Bhima Jewellers presents exciting offers on the occasion of Akshaya Tritiya
Mumbai, 2nd May 2024: As the auspicious occasion of Akshaya Tritiya approaches, Bhima Jewellers is excited to announce a range of exclusive offers to make the celebrations even more special. Till May 8th, patrons can avail additional benefits through advance booking offers wherein customers can pay 10% advance and get Rs. 100 less per gram on the prevailing gold rate. Further to that, starting from 9th May till 12th May, customers can avail up to INR 500 off per gram on gold jewelry, making it the perfect time to adorn themselves with their favourite designs from Bhima. For those looking to add a touch of luxury with diamonds, Bhima Jewellers is offering a flat cashback of INR 7000 per carat along with a free gift card of up to INR 1 lac. Additionally, customers can also enjoy discounts on silver jewelry, with up to INR 5000 off per kg.Apart from this, there is 1kg of gold coins to be won through lucky draws.
Sharing his views Mr. Vishnusharan Bhatt, Managing Director, Bhima Gold Pvt. Ltd., said “Rising gold prices are giving mixed feelings about customer’s intent to spend this Akshaya Tritiya. In last 90 days, gold prices have fluctuated from Rs.6008 per gram to Rs. 6818 per gram for 22K gold. The same can be attributed to geopolitical risks, central bank improving their reserves and persistent inflation. Owing to this, gold recycling is on a rise amidst this wedding & festive season. Our offers are designed in a way to effectively benefit customers at 6-7%. Our endeavor is to assist our customers in their decision making journey for the auspicious occasion of Akshaya Tritiya.”
