23, Jan 2024
Mosaics Fine Art Festival Seeks Artists for 29th Annual Event
(St. Charles, Mo., Jan. 23, 2024) Mosaics Fine Art Festival recently opened the application process for its 29th annual event to be held Fri., Sept. 13 through Sun., Sept. 15. Only 100 artists will be invited to showcase and sell their wares at this exclusive juried event. The application deadline is March 31, and notification of acceptance will take place May 5.
The family-friendly event, which is free and open to the public, will be held along several blocks of North Main St. in Historic St. Charles, Mo. where more than 30 restaurants and over 75 shops are located.
A distinguished panel of jurors will select artists based upon their original work in a variety of media categories including clay, drawing, glass, leather, metal, pastel, oil/acrylic, photography, printmaking, sculpture, watercolor, and wood. A total of $5,000 will be awarded to the top nine artists.
Mosaics Fine Art Festival features live musical entertainment, a Children’s Village Creation Station for hands-on art experiences, the Mary Hediger Memorial Art Shop for Kids where children ages 14 and younger can buy professional artwork, and the Joyce Rosen Founder’s Scholarship art display where emerging high school artists showcase their work. The Artists for Adoption Pet Pavilion is open to families interested in adopting pets from Stray Paws Adoptables.
The Mosaics Fine Art Festival is a nonprofit organization that showcases local and regional artists while educating the community’s children and adults in how art can enhance their lives. The festival features a wide array of artwork produced by a mix of emerging, mid-career, and established artists in all media. Artists can apply before the March 31 deadline at https://www.zapplication.org/event-info.php?ID=11842. For more information, call (314) 406-2067 or visit http://www.stcharlesmosaics.org.
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- By Rabindra
23, Jan 2024
Karur Vysya Bank Q3 results for FY 2023-24
JANUARY 23, 2024:
Karur Vysya Bank (‘the Bank’) announced its financial results for the Quarter / Nine months ended December 31, 2023 today. The Bank continues its healthy performance in terms of business growth, profitability as well as asset quality.
BALANCE SHEET:
Balance sheet size as of December 31, 2023 was ₹ 1,02,868 crore as against ₹ 89,013 crore as of December 31, 2022, a growth of 15.56%.
Total business as on 31 st December 2023 stands at ₹ 1,58,357crore, registering a Y-o-Y growth of 14.74% i.e. up by ₹ 20,344 crore from ₹ 1,38,013 crore as on 31.12.2022.
Total deposits as on 31 st December 2023 stands at ₹ 85,665 crore, registering a Y-o-Y growth of 12.82% i.e. up by ₹ 9,733 crore from ₹ 75,932 crore as on 31.12.2022.
Total advances as on 31 st December 2023 stands at ₹ 72,692 crore, registering a Y-o-Y growth of 17.09% i.e. up by ₹ 10,611 crore from ₹ 62,081 crore as on 31.12.2022.
FINANCIAL PERFORMANCE – 9M FY 2024:
Net profit for the nine months registered a robust growth of 49.61% and stood at ₹ 1,149 crore from ₹ 768 crore during corresponding nine months of the previous year.
PPOP for the nine months increased by 12.95% is at ₹ 1,962 crore, as compared to ₹ 1,737 crore for corresponding nine months of the previous year.
Net interest income increased by 14.54% to ₹ 2,813 crore vis-à-vis ₹ 2,456 crore for corresponding nine months of the previous year.
Net interest margin stands at 4.20% up by 9 bps as compared to 4.11% for the corresponding nine months of the previous year.
Cost of deposits has increased by 98 bps and stands at 5.13% as compared to 4.15% for the corresponding nine months of the previous year.
Yield on advances grew to 9.88% by 116 bps as compared to 8.72% for the corresponding nine months of the previous year.
Commission and fee based income has improved by 14.84% on Y-o-Y basis to ₹ 627 crore from ₹ 545 crore for corresponding nine months of the previous year.
Operating expenses for the nine months was ₹ 1,881 crore as compared to ₹ 1,477 crore during the corresponding nine months of the previous year.
Cost to income ratio stands at 48.95% (45.97% for 9M of previous year).
CAPITAL ADEQUACY:
Capital Adequacy Ratio (CRAR) as per Basel III guidelines was at 15.39% as on December 31, 2023 (17.62% as on December 31, 2022) as against a regulatory requirement of 11.50%. Tier 1 was at 13.87% as of December 31, 2023 compared to 15.79% as of December 31, 2022. Risk- weighted Assets were at ₹ 59,531 crore as on December 31, 2023 (₹ 46,243 crore as at
December 31, 2022).
ASSET QUALITY:
Gross non-performing assets (GNPA) has improved by 112 bps and stands at 1.58% of gross advances as on December 31, 2023 (₹ 1,152 crore) vis a vis 2.70% as on December 31, 2022 (₹ 1,674 crore).
Net non-performing assets (NNPA) is below 1% and stands at 0.42% of net advances as on December 31, 2023 (₹ 305 crore), against 0.90% as on December 31, 2022 (₹ 550 crore).
Provision Coverage Ratio (PCR) was at 94.81% as at December 31, 2023, as against 90.87% as at December 31, 2022.
NETWORK:
As of December 31, 2023, the Bank’s distribution network stands at 831 branches and 1 Digital Banking Unit, and 2,251 ATMs / Cash Recyclers as against 792 branches and 2,233 ATMs / Cash Recyclers as of December 31, 2022. 56% of our branches are in semi-urban and rural areas. In addition, we have 150 business correspondents.
FINANCIAL PERFORMANCE – Q3 FY 2024 vs. Q3 FY2023:
Net profit for the quarter registered a robust growth of 42.56% and stood at ₹ 412 crore from ₹ 289 crore during corresponding quarter of previous year.
PPOP for the quarter marginally came down by 1.89% is at ₹ 676 crore, as compared to ₹ 689 crore for corresponding quarter of the previous year.
Net interest income increased by 12.60% to ₹ 1,001 crore vis-à-vis ₹ 889 crore for corresponding quarter of previous year.
Net interest margin stands at 4.32% as compared to 4.36 % for the corresponding quarter of the previous year.
Cost of deposits has increased by 99 bps and stands at 5.25% as compared to 4.26% for the corresponding quarter of previous year.
Yield on advances grew by 102 bps to 10.16% as compared to 9.14% for the corresponding quarter of the previous year.
Commission and fee-based income has improved by 22.16% on a Y-o-Y basis to ₹ 226 crore from ₹ 185 crore for corresponding quarter of the previous year.
Operating expenses for the quarter was ₹ 683 crore as compared to ₹ 518 crore during the corresponding quarter of previous year.
Cost to income ratio stands at 50.27% (42.90% for Q3 of previous year).
Quote:
Mr. Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank said, “We have been able to continue to demonstrate our consistent performance in terms of Growth, Profitability and Asset Quality for the third quarter ended 31st December 2023. Our total business crossed ₹ 1,58,357 cr. The inclusive growth from all the business segments has helped us to reach net profit of ₹ 1,149 cr for the nine months and ₹412 cr for the quarter.
Besides numbers, the qualitative changes that we have brought in gives us the confidence of sustained improvement in our performance in the days to come.
We are always mindful of the trust, faith and confidence that our customers and our investors have reposed on us. The momentum would be carried for the exit quarter of this fiscal.
23, Jan 2024
Social Beat Films Launches New Video Campaign for Livguard Energy’s Latest Sine-Wave Technology Inverter
Chennai, January 23, 2024: Social Beat Films, India’s leading digital video marketing agency launched a new video campaign for Livguard Energy’s sinewave technology inverters that remain silent during power cuts. The new video campaign focuses on the daily struggles of the Indian middle class, which is precisely the target group for the prominent energy storage company.
This film is largely relatable to all parents who have struggled to put their children to sleep, especially in the hot summers in North India. It emphasizes the problems that people face with ‘not-so-efficient’ inverters that may be unreliable, unstable, and loud.
In this humorous video campaign, the father and the mother put their child to sleep and are relieved to see their child sleep. They both look happy to have succeeded in this strenuous task, but little did they know of the lurking power cut. The moment the power goes out, the fan turns on, making a creaky noise, thanks to the ordinary inverter. They both know what’s going to happen next. As soon as they hear the child cry, the wife gets angry and leaves the room, leaving the husband in charge of the task. If only he had installed Livguard’s latest sinewave technology-powered inverter, things would have been so much better for him.
Vikas Chawla, Co-Founder of Social Beat said, “The film hit the right chord with the target audience, as it reached 1 million+ people on YouTube and more than 6.5 million on Instagram. Once again, Social Beat Films has successfully helped its clients achieve their marketing objectives.”.
Ashish Sahani, Digital Head at Livguard Energy said, “Our campaign resonated with young parents, blending humor and addressing everyday challenges. Its success was evident in the heightened engagement and positive response from our target audience during the festive season..”
23, Jan 2024
Budget Expectation_CYFIRMA an External threat landscape management platform
Quote:
By Kumar Ritesh,Founder and CEO, CYFIRMA
We would like to see the upcoming budget carry a strong focus on helping businesses overcome the threats of cyberattacks and other digital risks. Indian businesses are adopting digital solutions at an accelerated pace but yet their cybersecurity maturity remains low. A budget that supports SMEs and start-up’s growth while ensuring their cybersecurity needs are taken care of is much needed in the current AI and digital age. The government’s approach needs to move beyond building compliance frameworks to providing tangible subsidies for cybersecurity protection solutions.
23, Jan 2024
Transworld Group Employees Run at TATA Mumbai Marathon
Mumbai, 23 January 2024: Employees of India-based Transworld Group, a leading Global Shipping & Logistics Solution conglomerate, participated in the TATA Mumbai Marathon (TMM), Asia’s largest international marathon, to raise awareness and funds for supporting women who have been victims of human trafficking.
This is the third time that the Transworld Group has participated in TMM to contribute towards NGO Apne Aap Women’s Collective (AAWC), that seeks to empower trafficked women and their daughters by providing alternate livelihood opportunities, education, and social integration via skill training programs. 40 employees from TG completed the marathon this year, shining the spotlight on human trafficking as a serious issue.
This year’s support is dedicated towards Umeed Project, which engages with a diverse set of stakeholders, including the Department of Women and Child Development (DWCD), local law enforcement agencies, government officials, partner organizations, donors, and collaborative partners to rehabilitate trafficked women and safeguard vulnerable girls and women. The project involves a multifaceted range of services designed to address the unique needs of women and girls occupied in brothel-based prostitution. They include outreach, education, health, empowerment, recreation, shelter referrals, trauma-informed counseling, vocational training programs, healthcare support, legal advocacy, and community reintegration initiatives amongst others.
“We are honoured and humbled to be able to contribute to bettering the lives of girls and women who have been forced into the flesh trade by empowering them to become economically and socially independent. Transworld Group employees are keen to run for the cause at the TATA Mumbai Marathon each year because they are deeply committed and find a great sense of purpose in doing so,” said Anisha Ramakrishnan, Director, Transworld Group.
“It has been both a pleasure and an honour to collaborate with Transworld Group throughout the years for the Tata Mumbai Marathon. Witnessing their dedicated participation in support of our cause not only brings a profound sense of satisfaction but also reaffirms our belief in the social cause that we consistently work towards.
Transworld Group has proven to be a beacon of hope, showcasing the presence of courageous warriors who advocate for the rights of women involved in brothel-based prostitution and their daughters. The remarkable commitment demonstrated by Transworld Group to Apne Aap Women’s Collective is truly noteworthy, and we feel blessed to have such exceptional CSR partners by our side,” said Manju Vyas, CEO, AAWC.
23, Jan 2024
Thermo Fisher Scientific Appoints Srinath Venkatesh as Managing Director for India and South Asia
Mumbai, January 23, 2024 – Thermo Fisher Scientific, the world leader in serving science, announces the appointment of Srinath Venkatesh as Managing Director, India and South Asia, for the company.
Srinath Venkatesh steps into this pivotal role with a vision to advance Thermo Fisher’s growth and operations in India, while enhancing customer value creation. Prior to joining Thermo Fisher, he served as the President, Danaher for their India operations. In his previous roles, he has held senior leadership positions including Managing Director- India & SEA for Cepheid and DBS Leader for Danaher Corporation. He has also held significant business leadership positions at GE Capital and GE Lighting including Country leader and CEO of GE Bangladesh.
His visionary leadership, proven track record in business expansion and strategic focus on technology and innovation will drive Thermo Fisher toward the next phase of robust and sustained growth.
Reflecting on the leadership transition, Tony Acciarito, President, Asia Pacific and Japan, Thermo Fisher Scientific said, “India’s resilient economy has a high growth trajectory and highlights the significance of a progressive approach, despite signs of a global economic slowdown. With an industry-leading presence in the country, Thermo Fisher Scientific is well-positioned to contribute to priority sectors such as healthcare, pharma and biopharma, renewable energy and semiconductor manufacturing. Srinath’s extensive experience of over 30 years in driving commercial excellence across industrial and capital businesses, will be instrumental in leveraging our scale in high-growth and emerging markets and elevating our impact in India’s evolving landscape.”
Expressing his thoughts on the appointment, Srinath Venkatesh said, “I am truly humbled and honored to join Thermo Fisher Scientific and privileged to lead the India and South Asia operations. India’s vast addressable market presents attractive opportunities. With its scale and depth of capabilities, accelerated investments in innovation and a focus on expanding its localization strategy, Thermo Fisher is contributing to the country’s scientific and technological progress.”
“I am excited about the possibilities ahead as Thermo Fisher continues to make a meaningful impact through its purpose-driven Mission and unwavering commitment to delivering a unique value proposition to its customers. Importantly, the company fosters an inclusive culture that empowers colleagues to share their unique perspectives and bring their best to work every day. I am looking forward to collaborating closely with the diverse and talented team of over 4700 colleagues across the country to enable our customers’ success,” he added.
Thermo Fisher established operations in India in 1996 and the country is an integral part of Thermo Fisher’s growth journey. Over the last 27 years, the company has strengthened its presence with eight manufacturing facilities, five application labs, two R&D centers, and eight distribution centers, supported by an extensive network of 400-plus channel partners, and approximately 4,700 employees (including PPD) strategically located in 42 cities and offices across 17 locations.
23, Jan 2024
Q3 results of IndiaMART InterMESH Limited
Noida, India, January 18, 2024: IndiaMARTInterMESH Limited (referred to as “IndiaMART” or the “Company”), today announced its financial results for the third quarter ending December 31, 2023.
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Q3 FY2024 vs. Q3 FY2023
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| § Consolidated Revenue from Operations of Rs.305 Crore, YoY growth of 21%
§ Standalone Revenue from Operations of Rs.291 Crore, YoY growth of 21 % § StandaloneEBITDA at Rs. 87 Crore representing EBITDA margin of 30% § Consolidated Cash generated from Operations at Rs. 106Crore |
Consolidated Financial Highlights (Q3 FY2024):
IndiaMART reported consolidated Revenue from Operations of Rs. 305Crore as compared to Rs. 251 Crore in the corresponding quarter of last year, representing a growth of 21%.This includes IndiaMART Standalone Revenue of Rs. 291 Crore and Busy Infotech Revenue of Rs 13 Crore,registeringa growth of 21% and 26% respectively on YoY basis.
Collections from Customer grew to Rs. 332 Crore for the quarter and Deferred Revenue as on December 31,2023 increased to Rs. 1,270 Crore representing a YoY growth of 25%.
Net Profit for the quarter was at Rs.82Crore representing margin of 24%.
Cash Flow from Operations for the quarter was at Rs.106Crore.Cash and Investments balance stood at Rs. 2,039Crore as on December31, 2023.
Standalone Financial Highlights (Q3 FY2024):
Standalone Revenue from Operations of IndiaMART grew to Rs. 291 Crore as compared to Rs. 240 Crore last year representing a growth of 21%. The growth was primarily driven by improvement in realization from existing customers and 9% increase in number of paying subscription suppliers.
Collections from Customergrew to Rs. 316 Crore for the quarter and Deferred Revenue as on December 31, 2023 increased to Rs. 1,229 Crore representing a YoY growth of 24%.
EBITDA for the quarter was at Rs. 87 Crore representing an EBITDA margin of 30%.
Net Profit for the quarter was at Rs. 92 Crorerepresenting margin of 28%.
Operational Highlights (Q3 FY2024):
IndiaMART registered traffic of 272 million and Unique business enquiries of23 million in Q3 FY24; representing a YoY growth of 9% and 4% respectively. Supplier Storefronts grew to7.8 million, an increase of 5% YoY, and paying subscription suppliers grew to212Krepresenting net addition of 1,826 subscribers during the quarter.
Commenting on the performance, Mr. Dinesh Agarwal, Chief Executive Officer, said:
We are pleased to report modest growth in revenue, deferred revenue, and healthy operating margins in the third quarter. We continue to focus on enhancing customer experience on our platform and drive deeper penetration of paying customers across cities, enabling businesses to grow online. We remain confident of sustained profitable growth and cash flows as we leverage market opportunities amidst increasing digital adoption by businesses.
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Q3FY2024 Performance Metrics: Standalone Basis
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| Particulars | Unit | Q3
FY24 |
Q3
FY23 |
Y-o-Y | Q2
FY24 |
Q-o-Q |
| Total Income | (Rs. Crore) | 330 | 287 | 15% | 313 | 5% |
| Revenue from Operations | (Rs. Crore) | 291 | 240 | 21% | 281 | 4% |
| EBITDA | (Rs. Crore) | 87 | 70 | 25% | 81 | 8% |
| EBITDA Margin | % | 30% | 29% | 29% | ||
| Other Income | (Rs. Crore) | 39 | 47 | -18% | 32 | 19% |
| Profit Before Tax | (Rs. Crore) | 119 | 110 | 8% | 107 | 12% |
| Profit Before Tax Margin | % | 36% | 38% | 34% | ||
| Net Profit for the period | (Rs. Crore) | 92 | 82 | 12% | 83 | 11% |
| Net Profit Margin | % | 28% | 28% | 26% | ||
| Collections from Customers | (Rs. Crore) | 316 | 273 | 16% | 321 | -2% |
| Cashflow from Operations | (Rs. Crore) | 105 | 114 | -7% | 101 | 4% |
| Deferred Revenue | (Rs. Crore) | 1,229 | 991 | 24% | 1205 | 2% |
| Cash and Investments | (Rs. Crore) | 1,890 | 1,980 | -5% | 1,766 | 7% |
| Paying Subscription Suppliers | (In Thousands) | 212 | 194 | 9% | 210 | 1% |
| Unique Business Enquiries | (In Million) | 23 | 22 | 4% | 24 | -6% |
Q3 FY24 Earnings Conference Call
IndiaMART InterMESH Ltd will host earnings webinar for investors and analysts on Thursday, 18th January 2024 at 17:00 hours IST to discuss its results and developments for the quarter ended December 31, 2023. The senior management of the company will be present to address the webinar.
23, Jan 2024
Taavi’s Bagru art campaign is an ode to Indian artisans enriching the contemporary fashion landscape
Bengaluru, 23 January, 2024: Taavi, the multi-cultural fashion and lifestyle brand, was launched in 2019 with a vision to make traditional Indian textile crafts accessible and more relevant to the evolving needs of the consumers by giving them a modern avatar. Through its latest digital film which delves into the intricacies of the traditional Bagru art form, Taavi lays the much-required emphasis on the efforts by artisans to preserve India’s rich culture and heritage.
Empowering more than 10,000 Indian artisans from different states, Taavi’s collection of over 2400 styles available on Myntra range from unique textiles to traditional crafts of Indian heritage. Integral to the fashion industry, the world-distinguished artisan community’s efforts to take their legacy forward is widely loved and supported. Myntra is proud to be a part of the journey that is enabling the growth and sustenance of this community while witnessing fashion-lovers embrace their work.
Hailing from Rajasthan, the Bagru art form encapsulates centuries of artistic traditions and is known for its intricate handblock printing. Artisans in Bagru breathe life into textiles with intricate geometric patterns, with colours like black, red, grey, brown, and indigo derived from natural dyeing agents. This art form reflects the cultural richness and artistic finesse of the region, and through Myntra, Taavi enables customers to embrace the crisp materials and unique designs associated with this historic craft.
The film unfolds with the narration of the Bagru artisan whose artwork is available on Myntra via Taavi, delving into the meticulous process behind the creation of each Bagru art fabric. The film, produced in-house by Taavi, is an ode to the centuries-old art form and expected to reach ~4 million people through Myntra’s social media channels.
23, Jan 2024
Experience a Shandaar Night – Republic Day Edition at Nuvo, Sheraton Grand Pune
Nuvo, a party hot spot in town, is set to host an unforgettable evening on January 25th, turning the night into a Shandaar celebration at Sheraton Grand Pune. Known for its special event nights, Nuvo promises an aesthetically pleasing ambiance, pulsating music, and an electrifying dance floor.
The night will come alive with the sensational beats of DJ Regge, who will set the dance floor on fire with an eclectic mix of Bollywood tracks, ensuring an unforgettable experience for all attendees. Guests are invited to embrace the spirit of the evening by dressing in their quirkiest India attire – be it the timeless elegance of a saree or the charismatic swagger of a kurta.
In celebration of Republic Day, Nuvo will be adorned with patriotic decor, creating the perfect backdrop for a night filled with music, dance, and camaraderie. Revelers can expect an immersive experience that blends the traditional and the contemporary, making it an ideal way to celebrate this special occasion.
To enhance the overall experience, Nuvo will be offering an extensive selection of cocktails and delectable cuisine. Indulge in a gastronomic journey with our exquisite menu featuring dishes like Avocado Papdi Chaat, Chicken Sukka With Malabar Paratha, Indian Schewzan Prawns Pizza, Moong Dal Tikki and much more expertly crafted to tantalize your taste buds.
Join us at Nuvo, Sheraton Grand Pune, on January 25th, for a Shandaar Night – Republic Day Edition filled with music, dance, and the spirit of Republic Day. Make sure to come dressed in your quirkiest India attire and get ready for an unforgettable celebration.
What: Shandaar Night, Republic Day Edition
Where: Nuvo, Sheraton Grand Pune
When: January 25, 2024 – 09:00 pm onwards
Contact for entry/ Guest listing: +91 7391073657
23, Jan 2024
Aalekh Foundation, Gorakhnath Temple Trust, and Bint Technology Partner
New Delhi, January 23, 2024 – Aalekh Foundation, in collaboration with the Gorakhnath Temple Trust authorities and Bint Technology, is proud to announce the initiation of a transformative project for the restoration and maintenance of Ram Talab, a historic water body nestled within the grounds of the revered Shri Gorakhnath Temple in Katwaria Sarai, Sanjay Van area. This momentous initiative, conducted under the auspices of the Delhi Development Authority (DDA), signifies a collaborative effort to preserve and enhance our eco-cultural heritage.
Steeped in history dating back to the Treta Yuga during the revered Lord Rama’s time, Ram Talab holds immense sacred significance. Legend has it that Shri Gorakhnath himself urged local villagers to excavate this blessed pond, imbuing it with divine sanctity.
Under the visionary guidance of Dr. Rennie Joyy, the Founder & Managing Director of Aalekh Foundation, renowned for its environmental dedication, this project takes a significant leap toward the sustainable rejuvenation of Ram Talab. Dr. Joyy’s unwavering commitment to safeguarding cultural and ecological legacies has been the driving force behind the Aalekh Foundation’s impactful endeavors.
Bint Technology, led by Mr. Binu Kunnumal, brings its innovative technologies to the table, ensuring the effective cleanup and long-term sustainability of the water body. This collaboration beautifully underscores the fusion of tradition and modernity, harmonizing historical reverence with cutting-edge environmental stewardship.
Lakshmi Menon Bhatia, who has been actively involved in this project since 2022, has played a vital role in its development. Her years of experience as a Global-level International Corporate Executive, coupled with her expertise in environmental sustainability initiatives, make her an invaluable asset to the team. Aalekh Foundation is proud to associate with her as a Strategic Advisor.
Commenced on January 21, 2024, this project coincides with the auspicious occasion of the Ram Mandir opening in Ayodhya on January 22. This synchronicity adds a symbolic layer to the initiative, blending cultural celebrations with a dedication to environmental sustainability.
As a DDA-mandated project, the restoration and maintenance of Ram Talab exemplifies a shared commitment to heritage conservation and environmental responsibility. We invite you to join us in covering this monumental endeavor and showcasing the convergence of public and private efforts for the greater good.
Dr. Rennie Joyy, founder of Aalekh Foundation states “Aalekh Foundation embarks on the 2nd phase of the Ram Talab rejuvenation project, aligning with the auspicious occasion of Ram Mandir pranprathisthan. With the blessings of Gorakhnath Temple and cutting-edge technology from Bint Technology, we aspire to make a lasting impact on ecological balance. Recognizing water as a fundamental necessity, we strive for sustainable maintenance, ensuring a legacy for future generations.”
Lakshmi M Bhatia, Strategic Advisor said, “The ancient Ram Talab highlights the significance of both Water & our Culture, which respects the importance of Mother Nature in her various forms. It is indeed She who nurtures & sustains all of Life…We are indeed delighted to launch Phase 2 of the Ram Talab Rejuvenation Plan with our able partners, Aalekh Foundation & Bint Biotech with the Blessings of the Guru Gorakhnathji Temple Trust & the great Guru Parampara.”
Nandini Nampoothiry – Youth vertical head of Aalekh Foundation said, “The future generations might see ecological imbalance if water is not conserved and clean. In a famous post, Auden said thousands can live without love but not one without water. We need to as a young generation work towards water conservation and rejuvenate water bodies like that of Ram Talab”
