21, Dec 2023
Kotak Mahindra Bank Appoints Mr. Eli Leenaars as an Additional and Independent Director on its Board
Bengaluru, 21st December 2023: Kotak Mahindra Bank Limited (“Bank”) announced on 18th December 2023 the appointment of Mr. Eli Leenaars (Mr. Cornelis Petrus Adrianus Joseph Leenaars) as an Additional and Independent Director on the Bank’s Board, for a period of four years, effective January 1, 2024, subject to fulfillment of statutory/regulatory or other requirements, as may be necessary.
Mr. Eli Leenaars is a successful leader with over 35 years of extensive experience in the financial services sector, including institutional & investment banking, asset management, corporate & retail banking, and life & general insurance. A respected expert on the future of digital banking and global industry trends in finance, investment, banking, and leadership, Mr. Leenaars has experience in managing businesses through a wide range of matters including mergers & acquisitions, complex corporate restructurings, strategic initiatives, and challenging financial environments.
Mr. Leenaars enjoyed a 24-year career (since 1991) at ING Group N.V., a Dutch multinational banking and financial services company, and several of its subsidiaries and held numerous key management positions. After ING, Mr. Leenaars served as the Group Managing Director and Vice-Chairman of the Global Wealth Management Division at UBS Group AG, a Swiss multinational investment bank and financial services company, from April 2015 to May 2021 based in Zurich.
Mr. Leenaars is currently serving as Group Chief Operating Officer of Quintet Private Bank, a medium-sized Luxembourg-headquartered bank and wealth manager with operations in 6 European countries.
Mr. Prakash Apte, Non-Executive Independent Chairman, Kotak Mahindra Bank said, “We are delighted to welcome Mr. Eli Leenaars to the Bank’s Board of Directors. His experience of over three decades in the financial services sector will guide us as we chart out the next phase of the Bank’s growth. A respected expert on the future of digital banking and global industry trends in finance, investment, banking, and leadership, he will bring a fresh perspective to the deliberations, and the Board is looking forward to working with him closely
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- By Rabindra
21, Dec 2023
Physics Wallah (PW) launches “Mission JRF” Series for UGC NET 2024, YouTube Channel Surpasses 20,000 Subscribers in a Month
Mumbai: 21st December 2023: Physics Wallah (PW), India’s number one competitive test preparation brand, announced the launch of its “Mission JRF” (Junior Research fellowship) series for the UGC NET (University Grants Commission National Eligibility Test) June 2024 exam, the batches commenced on December 16, 2023. Physics Wallah (PW)’s comprehensive UGC NET Online Coaching offers top-notch video lectures, interactive classes, mock tests, and expert guidance with twenty-four-seven doubt-solving availability in Hindi and English to help aspirants ace the 2024 exam.
The National Testing Agency (NTA) conducts the University Grants Commission National Eligibility Test (UGC NET) twice a year to determine the eligibility for Assistant Professor and Junior Research Fellowship (JRF) in Indian universities and colleges.
The “Mission JRF” series covers the following:
Paper 1: This paper is compulsory for all candidates and covers topics such as Teaching Aptitude, Research Aptitude, Reading Comprehension, Communication Skills, Mathematical Reasoning, Logical Reasoning, Data Interpretation, Information and Communication Technology (ICT) in Education. For this exam, Physics Wallah (PW) prepares students.
Paper 2: This paper is specific to each subject and covers the syllabus prescribed by the NTA. Some of the popular subjects offered by Physics Wallah (PW) include Commerce, Economics, Education, and History.
Atul Kumar, Online CEO of Physics Wallah (PW), said, “The UGC NET exam helps open doors for people who want to work in the teaching or research field in India. It also gives you the chance to receive financial support for doing research through the Junior Research Fellowship (JRF). Physics Wallah (PW)’s UGC NET YouTube channel has achieved a remarkable feat by surpassing 20,000 subscribers in just one month. The UGC NET channel continues to witness an exponential rise in its subscriber base. The rapid growth of the channel can be attributed to its high-quality content, expert guidance, and the trust it has developed within the academic community”.
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.
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
Blues Odyssey: Mahindra Blues Festival’s much awaited Band Hunt takes center stage this December
Mumbai, 21 December, 2023: The spotlight is on Mahindra Blues Festival as it opens applications for the eagerly awaited Band Hunt competition on December 19th, 2023. In this blues extravaganza, the entries will take place online and the finale will unfold on ground, bringing the blues magic to you like never before.
For all blues aficionados and talented Indian bands, it’s time to amplify musical prowess by sharing a blues-drenched performance video on Instagram, Facebook, or Musifie—ensuring that the account hits all the right notes and is open to public viewing. Whether crafting an original masterpiece or weaving magic through a classic cover, the piece can be in any language spoken in India, however the video must be timed between 2 to 5 minutes.
Judging this blues journey are none other than the prodigies themselves, Ehsaan and Loy. Interested artists can register their band via the registration links mentioned in MBF’s Instagram bio. To throw their hats into the ring, participants are urged to serenade the virtual stage with #BluesBandHunt and #MBF2024, without forgetting to tag @mahindrablues. Bands must also share the performance video link along with lyrics of the chosen blues anthem. The deadline for submitting entries is January 7, 2024. The top 3 finalists will be brought down to Mumbai for a band hunt finale- post which each finalist will perform a 20-minute set. The performance will be judged by Ehsaan & Loy, following which the winner will be announced. The chosen one will then get the chance of a lifetime to perform at the prestigious Mahindra Blues Festival stage in February 2024!
Mahindra Blues Festival transcends being an event; it’s a celebration of blues culture, a symphony of heartfelt melodies, and a testament to the enduring spirit of true blues. As the MBF Band Hunt commences—may the riffs echo through and through the blues realm!
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
Brioni launches its Flagship store in the capital with a star-studded event: Aditya Roy Kapur steals the show
New Delhi, 21st December – Brioni, the epitome of luxury menswear, hosted an extraordinary affair at its First flagship store in the capital, welcoming an exclusive assembly of dignitaries and celebrities. The event showcased the latest FW’23 Collection, a masterful fusion of timeless craftsmanship and unbridled sophistication. The New Delhi boutique showcases Brioni’s extensive range of ready-to-wear clothing and accessories collections, complemented by the exclusive Bespoke service.
In attendance were luminaries such as Rajiv Kumar, Ritesh Kumar, Shikha Begwani, Vinod Nair, Saurabh Bharara, Pushpa Bector, Dr. Kazem Samandari, Mumtaz and Faizal Patel, Siddhartha Tytler, Khalid Wani, Jeetinder Sandhu, and other influential personalities from the echelons of fashion and society.
Celebrities, including Aditya Roy Kapur, Dino Morea, Kim Sharma, and Ujjwala Raut, graced the event, adding another layer of refinement to the already illustrious gathering.
Apart from the archival pieces showcase, the centerpiece of the evening was the unveiling of the distinguished Brioni Bandhgala – a unique garment of timeless sophistication that is a testament to Brioni’s dedication to redefining men’s fashion with iconic pieces that seamlessly blend heritage and modernity.
In a brief but poignant statement, Ritesh Kumar, spokesperson of DS Luxury, remarked, “Brioni exemplifies luxury, and our latest collection underscores our commitment to uncompromising craftsmanship and refinement. We are honoured to have hosted a gathering of individuals who appreciate the pinnacle of sartorial excellence.”
This event marked a momentous occasion, uniting connoisseurs, celebrities, and influencers to celebrate Brioni’s legacy and welcome it to the Capital.
