2, Feb 2024
Brigade Foundation felicitates Thomas Raja (Auto Raja)
Mr Thomas Raja (Auto Raja), Founder NAMI, and Mrs Githa Shankar, Founder Trustee, Brigade Foundation.
Brigade Foundation as part of their 20th year celebration and in keeping with the schools’ initiative of Passion with Compassion felicitates Indian humanitarian, social worker and the founder of NGO NAMI, Thomas Raja aka Auto Raja with rupees 10 lakh for his awe-inspiring support to society.
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- By Rabindra
2, Feb 2024
Puravankara announces total interim dividend payout of Rs 149 crores for shareholders
Mumbai: Puravankara Limited (BSE: 532891), one of India’s most trusted and admired real estate players, announced an interim dividend payout of Rs 6.30 per share for the financial year 2023-24 on 23,71,49,686 equity shares of face value of Rs. 5 each with a total dividend payout of Rs 149.40 crores. The dividend will be paid to those shareholders whose names stand on the Register of Members of the Company as of February 1, 2024.
Ashish Puravankara, Managing Director, Puravankara Limited, said, “Our shareholders have remained steadfast in their support during the absence of dividend payouts in FY20 and FY21 due to the challenges posed by the COVID-19 pandemic. They continued to support business operations and facilitate the company’s growth initiatives. We have maintained strong sales and collections throughout the first nine months of the current fiscal year. With a lineup of upcoming launches in the coming quarters, we expect to add to the operating surplus, which has increased by more than 100%, upwards of Rs 900 crores. Our cash flow from operations for 9M FY24 stood at INR 2,826 crores, and the dividend ensures that the company continues to provide tangible returns to the shareholders on their investments.”
Commenting on the solid financial performance for 9MFY24, Abhishek Kapoor, Group CEO Puravankara Limited, said, “We are excited to announce the 125% dividend for our shareholders on the back of an excellent performance by the business. The decision was taken to maintain consistency as we had not paid dividends in previous financial years. We look forward to continuing this practice and thank our shareholders for their continued faith and support in us.”
During the first nine months of FY24, the company achieved the highest-ever customer collections, totalling Rs 2,515 crores, reflecting an enhancement in operating efficiencies. Cash flow from operations for 9M FY24 stood at Rs 2,826 crores, reflecting a notable increase of 35% for the same period in 9M FY23. Additionally, the operating surplus for 9M FY24 surged to Rs 965 crores, marking a substantial 101% rise from the same period in FY23. The company’s current cash balance stands at Rs 822 crores.
2, Feb 2024
Rekha Bade Delights Everyone by Bringing Lip-smacking Food
Actress Rekha Bade, known for her character Bhamini in the Shemaroo MarathiBana’s show ‘Sau. Pratap Manasi Supekar,’ skillfully portrays the role of Pratap’s aunt, a mother-like figure for him on screen. In contrast to her on-screen negative character, Bhamini, Rekha is admired for her warm and friendly nature off-screen. Tanvee Kiran, the lead actress of the show, has expressed her appreciation for Rekha’s delightful nature and the positive atmosphere she brings to the set. Tanvee particularly enjoys the generosity of Rekha, who often shares delicious food, enhancing the overall working experience.
In a recent interview, Tanvee Kiran, who plays the character of Manasi in the show, shared some insights about her co-actor Rekha Bade, who portrays her on-screen mother-in-law. Tanvee said, “Working away from home, my co-actors have become like a second family to me, and I share a beautiful bond with Rekha Bade. Though she plays a negative character in the show, in reality, she is genuinely a wonderful person to be around. Initially, I used to miss home-cooked meals, but now, thanks to my co-actor Rekha, that longing has faded away. She consistently brings in mouthwatering home-cooked delights for us, from incredible pickles to a variety of dishes like fish, chicken, parathas, idlis, and more. She goes the extra mile to make the working environment enjoyable.”
Rekha Bade not only brings the character of Bhamini to life with her skillful acting but also fosters a positive and enjoyable atmosphere on the set of ‘Sau. Pratap Manasi Supekar.’ Her knack for spreading joy and kind nature has made her a beloved figure among the entire cast and crew.
Stay tuned and watch ‘Sau. Pratap Manasi Supekar,’ every Monday to Saturday at 9:00 PM, exclusively on Shemaroo MarathiBana.
2, Feb 2024
Ferrero Rocher “Light’s up” Valentine’s Day with Hrithik Roshan
Mumbai, February 2nd, 2024: Brace yourselves for a Valentine’s Day that sparkles with love as Ferrero India Private Limited, a part of the Ferrero Group, collaborates with Indian actor Hrithik Roshan to unveil an enchanting campaign for Ferrero Rocher.
As the most romantic day of the year approaches, this celebratory campaign aims to elevate the essence of love shared with our cherished ones. Hrithik Roshan, radiating his iconic charm, takes us on a journey reflecting on how a heartfelt declaration of love transforms seasons of love into extraordinary memories, all while asserting that they are truly golden when accompanied by Ferrero Rocher.
Immerse yourself in the captivating contrast of textures and flavors that Ferrero Rocher promises – the crispiest roasted hazelnuts enveloped in velvety chocolate cream, embraced by a delicate crispy wafer, and adorned with a layer of luscious chocolate and hazelnut pieces. The brand’s latest film serves as a gentle reminder to infuse your Valentine’s Day celebrations with the exquisite touch of love – embodied by the perfect golden gift, Ferrero Rocher.
Speaking about the campaign, Mr Zoher Kapuswala, Marketing Head, Pralines, Ferrero India said, ” “Ferrero Rocher complements a soulful Valentine’s Day and is the definitive gifting choice for heartfelt moments. Over the years, Ferrero Rocher has made an indelible mark as we rejoice this day with our loved ones.”
2, Feb 2024
India Needs to Priorities Conscious Consumerism to Curb Economy
National, 2nd February: The Authentication Solution Providers’ Association (ASPA), the non-profit organization which is the strongest advocate against counterfeiting and illicit trade elects a new Governing Body. Under the new leadership, the pioneering think tank shares a critical insight into the issue of counterfeiting that is depriving India of precious revenue.
ASPA’s New Governing Body says “There is an immediate need for India to prioritize Conscious Consumerism to curb the leak of precious tax revenue for the betterment of the Indian Economy”.
Mr. Manoj Kochar, Holoflex Limited has been voted as the President of ASPA. Mr. Ankit Gupta, Holostik India has been given the responsibility of Vice President. Mr. Luv Shriram, Shriram Veritech is the General Secretary and Treasurer. The names of the Governing Body Members are Mr. Saurabh Agarwal, Avery Dennison (India) Pvt. Ltd; Mr. Vikas Jain, ACVISS Technologies; and Ex-Officio: Mr. Nakul Pasricha, PharmaSecure. Co-Opted Governing Body Members are Mr. Gaurav Sathaye, United Speciality and Mr. Ranesh Bajaj, Vinsak India.
Sharing insights during the meeting Mr. Manoj Kochar, President, ASPA said, “Counterfeiting has and continues to be a very serious hindrance that has been slowing down the growth of India’s Economy. Unfortunately, neither of the stakeholders, be it the government, industry associations, businesses or the consumers give the matter the importance it deserves. Counterfeiting is divided into Deceptive and non-deceptive markets. In simpler terms some consumers buy a fake under the impression that it is an original (deceptive) and some consumers buy the product knowing that it is a fake (non-deceptive). In a recent survey done by us, it was found that an astonishing 31 percent of people willingly buy a fake product (ASPA Report to the Nation). This non-deceptive market fuels the counterfeit market and encourages criminals to produce and sell more such harmful and inferior fake products. It is extremely critical to nurture and motivate conscious consumerism plus active participation in the authentication process. Without the inclusion of the consumers it is impossible to fight against fakes.”
Mr. Ankit Gupta, Vice President, ASPA, “Circulation of counterfeit products does not only have financial but also social repercussions. It tarnishes the reputation of the country and reduces the faith of consumers. It is disheartening to see that consumers have lost so much faith that they are okay in buying a product even when they know that it is a fake and it could be harmful for them. Almost 89 percent of consumers acknowledge the presence of fake products in the market, even after discovering a fake product consumers take no or negligible action against it. The survey revealed that top categories in which consumers come across fakes are Apparel (31%), FMCG (28%), Automotive (25%), Pharmaceuticals (20%), Consumer durables (17%), and Agrochemicals (16%).
Awareness about the dangers associated with buying a fake product. They need to know that they might be spending less money but they might be making a very costly mistake. In critical products such as pharmaceuticals, food, alcohol, etc, this mistake could cost lives. Products which can have a direct impact on human health on consumption such as FMCG and Pharmaceutical are among the top 5 categories which have a high percentage of fakes.”
The menace of counterfeit, substandard and falsified products is rooted deep into the ecosystem and auctioning a strategic plan to counter it cannot be pushed further. It is an immediate need of the Indian economy which can put the saved revenue into effective use. By encouraging conscious consumerism, the whole ecosystem can be pushed towards a positive change.
1, Feb 2024
Breathe Easy with Innovation: Nano Aerpod, India’s First Medical-Grade PAPR, Now Available
Bangalore: 1.2.2024 – Introducing a revolutionary advancement in personal air purification, Nano Aerpod, India’s first and only Personal Air Purifying Respirator (PAPR) certified for medical use, is now available to empower individuals to take control of their respiratory health. Packed with cutting-edge technology and rigorous safety standards.
Nano Aerpod stands out from the crowd. Its medical-grade HEPA filter effectively captures 99.97% of harmful airborne particles, including viruses, bacteria, dust, and allergens, offering superior protection compared to standard air purifiers. This enhanced filtration is backed by IEC Test with International safety standards for home medical devices, ensuring users breathe the cleanest air possible.
Tailored Solutions for Respiratory Challenges
Nano AerPod’s cutting-edge filtration technology is engineered to target and eliminate microscopic particles, including airborne irritants known to trigger respiratory problems. For individuals dealing with asthma or chronic respiratory issues, this revolutionary air purifier acts as a safeguard against pollutants, providing a constant supply of clean, fresh air.
Innovation doesn’t stop there. Nano Aerpod boasts several unique features that elevate its user experience:
• Patent-protected technology: This ensures you’re getting a truly innovative product with cutting-edge design and functionality.
• ISO 9001 certification: Underscores the company’s commitment to quality management and consistent excellence.
• STQC NABL testing and certification: Provides independent verification of the product’s safety and efficacy.
Beyond technical prowess, Nano Aerpod prioritizes health benefits:
Improved respiratory health: By filtering out harmful pollutants, it can alleviate symptoms of asthma, allergies, and other respiratory conditions.
Enhanced cognitive function: Cleaner air intake can lead to improved concentration, memory, and overall mental well-being.
Reduced risk of infections: The medical-grade filtration helps protect against airborne viruses and bacteria, boosting your immune system.
Particle Size Precision: Nano AerPod’s ability to capture particles as small as 0.1 microns ensures that even the tiniest pollutants, such as dust mites and allergens, are effectively removed. This level of precision is crucial for individuals with asthma, as it minimizes triggers that could lead to respiratory distress.
Portable Solution: The compact and lightweight design of Nano AerPod makes it a portable solution for individuals who may need respiratory support in different areas of their homes or while traveling.
Improving Quality of Life for Older Adults
For the elderly, especially those dealing with age-related respiratory challenges, Nano AerPod represents a significant leap forward in enhancing the quality of life. The device’s ability to provide a constant supply of clean air can alleviate the burden of respiratory distress, promoting better overall health and well-being.
Benefits for Asthma Sufferers and the Elderly
Particle Size Precision: Nano AerPod’s ability to capture particles as small as 0.1 microns ensures that even the tiniest pollutants, such as dust mites and allergens, are effectively removed. This level of precision is crucial for individuals with asthma, as it minimizes triggers that could lead to respiratory distress.
Testimonials and Success Stories:
Early users of Nano AerPod have reported noticeable improvements in their respiratory health, citing reduced symptoms, increased energy levels, and improved sleep quality. These testimonials underscore the potential life-changing impact Nano AerPod can have for those grappling with asthma and respiratory issues.
A Beacon of Hope:
As Nano AerPod takes center stage in the fight against respiratory challenges, it stands not only as a technological marvel but as a beacon of hope for individuals seeking relief from asthma and respiratory issues. The future of air purification is here, and it breathes with the promise of a healthier tomorrow.
Ready to experience the difference?
Nano Aerpod is now readily available online platforms, including:
• Official website: www.aerpod.in
• JioMart: A leading e-commerce platform (Nano Aerpod personal air purifier)
• Amazon India: The nation’s largest online marketplace (Nano Aerpod personal air purifier with HEPA filter APNFH100-H)
1, Feb 2024
Lackluster Budget for Housing
Akash Pharande, Managing Director – Pharande Spaces
Unfortunately, the interim budget 2024 didn’t directly include any major positive changes for India’s housing industry. While the expectations included industry status, tax benefits, affordable housing boosts, and easing liquidity issues for developers, none of these materialized in the interim budget.
However, there are a few ways we could interpret the situation cautiously optimistically:
– Indirect benefits: The focus on infrastructure spending might indirectly benefit the housing industry by improving connectivity and boosting overall economic activity, potentially leading to increased demand.
– Focus on affordable housing: While lacking specific budget allocations, the government’s recent emphasis on “Housing for All” and Pradhan Mantri Awas Yojana (PMAY) could translate into concrete measures later.
– Uncertainty avoided: The absence of negative changes may be seen as a positive in an environment where economic headwinds exist.
This is only the interim budget, and the main Union Budget in February will hold more substantial announcements. Even without direct intervention, government policies impacting interest rates, inflation, and economic growth can significantly influence the housing industry.
Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in West Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in West Pune.
1, Feb 2024
Innovation, Design, and Entrepreneurship (IDE) Bootcamp Aims to Cultivate Nationwide Entrepreneurial Skills
Sambalpur; February 1, 2024: IIM Sambalpur, one of India’s premier management institutions, hosted the 5-day “Innovation, Design, and Entrepreneurship (IDE) Bootcamp (Phase II)” at its campus. Organized by the All India Council for Technical Education (AICTE) & Ministry of Education’s Innovation Cell (MIC), the boot camp was inaugurated by Prof. T. G. Sitharam, Chairman – AICTE in virtual mode from AICTE Headquarters, New Delhi. As many as 81 start-ups are participating in the boot camp from the States like Maharashtra, Odisha, Karnataka, Uttar Pradesh, Gujarat, Kerala, West Bengal, Tamil Nadu, Chhattisgarh, out of them 40 startups are from Odisha.
The Chief Guest, Prof. T. G. Sitharam Chairman AICTE, Govt. of India acknowledged the successful completion of six IDE boot camps in phase-one and said, “The commencement of phase-two at ten locations of the Innovation, Design, and Entrepreneurship Boot Camp marks the unique initiative envisioned by Hon’ble Prime Minister Shri Narendra Modi. The goal is to nurture innovation, design, and entrepreneurial skills among the youths of India.
Prof Mahadeo Jaiswal, Director, IIM Sambalpur, shared, “This initiative aligns with the vision of our Hon’ble Prime Minister, Shri Narendra Modi, who envisions India leading in the startup age. In today’s world, power can be classified into hard power and soft power, and innovation is a crucial element of soft power. Research, innovation, and entrepreneurship are interlinked components of soft power. India is making strides in research and innovation, with efforts to reposition it from a lower rank, albeit challenging in funding. However, in entrepreneurship and startup India is among top three position in the world.
Prof Jaiswal further said,” It is important for students and innovators to become the job givers and creators rather than job seekers. The focus should extend beyond completing the curriculum. He said, “Innovation is the key to the future of every nation, and it has the power to shape industries, revolutionize markets, and leave a lasting impact on the world.”
The introductory address was given by Prof Diwahar Nadar, faculty of IIM Sambalpur while the event was concluded with a vote of thanks by Prof Ishika Jaiswal, faculty of IIM Sambalpur.
On the first day, the participants showcased their innovations in the exhibition. On the fourth day, the local tour will be arranged for the participants to provide them with real-world insights, networking opportunities, and creative inspiration, enhancing their entrepreneurial mindset. On the final day, the student teams pitch their innovations in front of expert panels consisting of startup founders, incubators, lP experts, angel Investors and VCs & knowledge agencies. The IDE Bootcamps exemplify the government’s commitment to fostering a culture of innovation and entrepreneurship, propelling India towards becoming a global hub for innovation-driven enterprises.
1, Feb 2024
Purnam’s Spring Edition 2024 Set to Enchant New Delhi
Event Highlights:
Date: February 9th, 2024
Venue: The Claridges, New Delhi
Showcasing: Over 50 indigenous brands, local talent, and skilled craftsmanship
The exhibition promises an immersive experience of India’s rich cultural heritage, intricate handlooms, artisanal marvels, and curated fashion statements by renowned designers and craftsmen.
Social Impact Commitment: PURNAM remains dedicated to social impact, supporting NGOs such as Pins & Needles, Udayan Care, Gestures Ecological, and Spread A Smile India. The exhibition will showcase creative products for noble causes, empowering underprivileged communities.
Founders’ Vision & Breaking Stereotypes: At the heart of PURNAM lies the founder’s unwavering commitment to fostering creativity hand in hand with entrepreneurship. They aspire to create a dynamic platform where the innovative spirit of artisans and entrepreneurs thrives, driving positive change within our society. PURNAM’s success story is uniquely defined by its founders – Saroj Bhatia, Indu Gupta, Jani Dhingra, and Sarita Baluja – a group of incredibly talented and resilient women. Despite their age, these visionary founders are actively involved in every aspect of the organization, challenging stereotypes and proving that age is no barrier to entrepreneurship and creativity.
1, Feb 2024
T.V. Mahalingam’s epic novel ‘Brahma Hathya’ now on stands by Westland Books
Chennai, February 1, 2024: Set to stand as a testament to the power of storytelling, T. V. Mahalingam’s debut novel ‘Brahma Hathya’, is an Indian mythological fantasy set in the mystic lands of Kedar where the ice-clad mountains hold secrets and stories. Published by the award-winning Indian publisher- Westland Books, the 356-page novel roots through the complexities of violence, heritage, kinship, betrayal, love and bravery against all odds.
With growing interest in mythology and fantasy genre, and yet only a few original stories being explored under this theme, Brahma Hathya narrates a story of a young shepherd boy that unfolds as he meets a mystic Jogi with no past. In the far distant lands, a Brahman makes a bold prophecy of death and destruction. The unbridled power of the majestic Trivikrama, the lord of the kingdom of Vaishali, the mesmerising and mysterious Avanti and the fearsome tribes of the forest come together in a story that combines myth with love, power and mystery. Who is the Jogi? Who is the Brahman? What secrets do the halls of Vaishali hold?
Expressing his sentiments on the book launch, the author’s brother T.V. Naarayan, said, “Brahma Hathya is a masterpiece and an ode to all the great fantasy fiction stories from India. T.V. Mahalingam was a journalist and technophile, communications expert, and a cricket enthusiast. An avid reader, he could talk for hours about mythology, science, history. For someone who loved fiction and fantasy, he chose that genre for his first novel on Indian mythology and fantasy.”
