Archives March 2023

FADA Releases February’23 Vehicle Retail Data

6th March’23, Mumbai: The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for February’23.

February’23 Retails

Commenting on how February’23 performed, FADA President, Mr. Manish Raj Singhania said, “February’23 continued to witness double digit growth of 16% YoY but was still down by -8%, when compared to pre-covid month of February’20. All categories also witnessed double digit growth with 2-Wheeler, 3-Wheeler, Passenger Vehicle, Tractor and Commercial Vehicles growing by 15%, 81%, 11%, 14% and 17% respectively on YoY basis.

The 2-Wheeler category witnessed a growth of 15% YoY but was down by -14% when compared to pre-covid month of February’20. The change in OBD norms which comes into effect from April along with marriage season kept the sales ticking. On the overall, high inflation and poor sentiment has kept the customers at bay.

The 3-Wheeler segment has seen 81% growth YoY and has also grown by 3% when compared to pre-covid month of February’20. This category has seen a drastic growth due to Central & State Government’s subsidy along with good scheme promotion done by the states. Along with this, aggressive finance schemes continues to aid growth for this category.

The Passenger Vehicle segment saw a growth of 11% YoY and 16% when compared to pre-covid month of February’20. Launch of new models, continuously improving supply coupled with healthy booking to cancellation ratio and wedding bells kept the momentum going for this already well to do segment.

The Commercial Vehicle category has also shown robust growth by growing 17% YoY though it fell by -10% when compared to pre-covid month of February’20. Walk-in enquiries improved during the month. Apart from this, demand has also increased due to change in OBD norms which is will see price hikes. On the Government’s side, infrastructure spending has been healthy. This is also aiding better sales.”

Near Term Outlook

The month of march has multiple festivals like Holi, Ugadi, Gudi Padwa, Navratri etc. This will help push auto sales. Apart from this, better availability of vehicles, last month of the Financial Year, change in OBD norms from April which will increase vehicle prices, the industry may see schemes being rolled out by the OEMs thus aiding higher sales.

On the flipside, India’s chief economic advisor said that urban demand recovery is taking place at a faster pace then rural. This along with sharp slowdown in private consumption expenditure to a 2-year low suggests a softening in household spending demand amid inflationary pressure as post covid pent-up demand starts to fade.

Apart from this, the Finance Ministry has released a statement that the predictions of a return of El Niño conditions in the Pacific could presage a weaker monsoon in India, resulting in lower output and higher prices. This will act as a dampener for Auto sales.

While the month of March looks good for Auto Sales, on a medium-term outlook, FADA remains cautious till the time a better monsoon forecast is not announced by IMD.

Key Findings from our Online Members Survey

  • Inventory at the end of February’23
    Average inventory for Passenger Vehicles ranges from 35 – 37 days
    Average inventory for Two – Wheelers ranges from 20 – 25 days
  • Liquidity
    Good             35.59%
    Neutral         46.33%
    Bad                18.08%
  • Sentiment
    Good               35.59%
    Neutral           45.20%
    Bad                   19.21%

Chart showing Vehicle Retail Data for February’23

All India Vehicle Retail Data for February’23
CATEGORY FEB’23 FEB’22 YoY % (2022)
2W 12,67,233 11,04,309 14.75%
3W 72,994 40,224 81.47%
E-RICKSHAW(P) 30,413 16,122 88.64%
E-RICKSHAW WITH CART (G) 2,382 1,719 38.57%
THREE WHEELER (GOODS) 8,021 6,207 29.23%
THREE WHEELER (PASSENGER) 32,123 16,138 99.05%
THREE WHEELER (PERSONAL) 55 38 44.74%
PV 2,87,182 2,58,736 10.99%
TRAC 68,988 60,536 13.96%
CV 79,027 67,391 17.27%
LCV 44,392 39,601 12.10%
MCV 4,808 4,419 8.80%
HCV 26,469 21,358 23.93%
Others 3,358 2,013 66.82%
Total 17,75,424 15,31,196 15.95%

Source: FADA Research

Disclaimer:

  1. The above numbers do not have figures from TS & LD.
  2. Vehicle Retail Data has been collated as on 04.03.23 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,348 out of 1,434 RTOs.
  3. Commercia Vehicle is subdivided in the following manner
    1. LCV – Light Commercial Vehicle (incl. Passenger & Goods Vehicle)
    2. MCV – Medium Commercial Vehicle (incl. Passenger & Goods Vehicle)
    3. HCV – Heavy Commercial Vehicle (incl. Passenger & Goods Vehicle)
    4. Others – Construction Equipment Vehicles and others
  1. 3-Wheeler is sub-divided in the following manner
    1. E-Rickshaw – Passenger
    2. E-Rickshaw – Goods
    3. 3-Wheeler – Goods
    4. 3-Wheeler – Passenger
    5. 3-Wheeler – Personal

February’23 category-wise market share can be found in Annexure 1, Page No. 05

National Public School, JP Nagar celebrates school’s first annual day ‘Aarambh’

National Public School, JP Nagar

Bengaluru, 6th, March 2023: The school’s first annual day ‘Aarambh’ was the perfect way to culminate its academic year. And to celebrate this the students of National Public School, JP Nagar, (NPS) staged the anecdotes and narratives of Lord Krishna’s life on March 3rd and 4th.
The grand celebration saw the tiny- tots of Pre-primary and Grade 1 beautifully staged and presented the dance drama depicting Janmashtami, giving a peek into the life of Lord Krishna.

The students of grade 2-9 put their best foot forward and left no stone unturned in depicting the different stages and avatars of Lord Krishna which included Krishna’s welcome in Gokul, Govardhan Giri, Krishna with his friends and Krishna’s preaching from Gita.

“Lord Krishna’s most important and popular teaching was the concept of karma. According to him, believe in your karma (action) and do your karma. Do not divert your focus on the end result. That’s a perfect example for our students” explains Mr Pramod Srinivas, Managing Director, NPS JP Nagar.

“The teachers, students and the staff of NPS, JP Nagar have put in a lot of effort to make this event a grand success. The depiction of Lord Krishna’s life should inspire the kids to achieve greatly. Through Lord Krishna we can teach our kids- wisdom, might, discipline, follow the path of truthfulness and so on” said Dr. KP Gopalkrishna, Chairman NPS Group of Institutions as the Chief Guest while addressing the students.

The other dignitaries present were Ms Harshitha Kumar, Dean, NPS JP nagar and Ms Aracha Sinha, Principal, NPS JP Nagar. The Annual Day was a much-awaited day when the students, staff and parents were filled with zeal to witness and showcase the extraordinary endeavours of the students, who worked enthusiastically for his promising day.

Indeed, the performance by each student left the parents very content.

Technology is just technology. There’s value to enterprises only when it solves a real problem: Ravinder Singh, Kalaari Capital

 

echnology is just technology.Hyderabad, March 06, 2023…..CIE (Centre for Innovation & Entrepreneurship) IIIT (International Institute of Information Technology) Hyderabad hosted The 42 SUMMIT, an AI(Artificial Intelligence) summit bringing on Friday at its premises in Gachibowli. 150 plus startups, corporates and incubators came together and participated.

Speaking on the occasion, In Ravinder Singh, Kalaari Capital partner Ravinder Singh ,”Technology is just technology. There’s value to enterprises only when it solves a real problem.”

Prof Ramesh Loganathan said, “There is a lot happening in the city around AI. The creative startup solutions, corporates engaging in AI, investors looking for AI startups. And more.. We are so happy we could bring this ecosystem together to discover and connect.”

It was an event to discover, discuss, and showcase the AI Innovation ecosystem in Hyderabad, the organizers said. The 42 Summit is a celebration of these startups in Hyderabad. This event was co-hosted by CIE-IIITH and Microsoft, jointly with T-AIM, T-Hub and the t-incubators network, they shared.

The 42 Summit brought together industry, startups, academia, investors and enablers from across industries. It was an event to discover, discuss, and showcase the Artificial Intelligence (AI) innovation ecosystem in the city of Hyderabad. It was also an event to connect and engage in conversations around AI. Also it was an attempt to discover the breadth and depth of AI landscape in the city, through a directory of AI startups.

The participants included the corporate leaders who wanted to discover interesting AI solutions. Another set up of participants were Startups who were looking forward to connecting with investors and mentors. Equally investors who were searching to discover innovations and innovators also joined. Policy makers who were looking forward to discovering use-cases also made it to the summit. The young entrepreneurs who were looking forward to access to markets and funds through the conversations too turned up in large numbers.

The summit had sessions addressing a few different domain centered themes such as AI in MedTech, Reinventing Retail and Enterprise SaaS and AI, Sustainability / Mobility AI tech and FinTech AI. Each session had four panelists sharing their insights. Eight curated startups pitch on the stage, followed by a dialog between the startups and the investors/enablers.

Three panel discussions were held. One discussion was on AI in Fintech, second one was on AI in Medtech and third one was on AI in Mobility/Sustainability. Some of the panelists included Panellists included the likes of Corporate VCs represented by Mr. Hussaini SF(JPMC); Mr. Anuj Jain(Accenture); Mr. Gautham Sivaramakrishnan(Blume VC) and Mr. Siddharth Kochar(Wells Fargo) who deliberated on the possibilities and potential of AI in the booming space of Fintech. A medtech segment led by Mr. Manoj Kapoor(Providence India), Dr. Mahesh Iyer(Parexel) and other corporate leaders. Followed by an engrossing session on AI in Mobility, by Mr. Ravinder Singh (Kalaari Capital), Ms. Megha Y(Uber), Mr. Venu Gopal J(ZF) and Mr. Sridhar C(TCS). Final session was on enterprise SAAS, anchored by Mr. Sreedhar Peddineni (GTM Buddy), the industry and corporate foresight being provided by Mr. Priyaranjan Jha ( PepsiCo.), and Mr. Suhrid Palsule (Microsoft).

The panelists cut across multiple sectors of modern day AI implementations with conglomerates, MNCs and successful startups in equal proportions, such as JPMC, Blume VC, PepsiCo. and Microsoft, amongst others. Multiple thesis, curated market understandings, platformed justification of trends was represented by the startups who gave lightning pitches.

The startups participating in the lightning pitches were: AI in Fintech: Strobes, SignalX, Subtl.ai, Udbhata; AI in Medtech: Zedblox, Logy.ai, PiStar, Monitra Health; AI in Mobility: Enmovil, Dream Vu, Sepal, AEyeSoftlabs, StaTwig, Flytta; AI in Enterprise SAAS: AtomState, Hirex.ai, Neuralsync.ai, Eunimart, Perspect.ai.

Immunotherapy – A game changer in cancer treatment

Dr. C N Patil

By Dr C N Patil, HOD and Lead Consultant – Medical Oncology & Haemato-Oncology, Aster CMI Hospital, Bangalore

With the ongoing techade, scientific advancements in cancer treatment have grown by leaps and bounds leading to immense progress in medical science and research in treating cancer. Today, breakthrough methods like immunotherapy are being referred to as a “game-changer” and a “miracle in the making” in cancer treatment and has shown promising results in treating patients with advanced cancer.

This method prompts our body’s immune system to specifically combat and target diseases like cancer. This therapy utilizes our body’s natural immune system to kill cancer cells. Also known as immuno-oncology, immunotherapy is a targeted treatment method that can be administered to patients in different forms such as medications, vaccinations, antibody treatments, cellular therapies, intravenously, orally and topically or through a catheter.

This is an approved therapy to treat cancers like melanoma, lymphoma, and lung cancer and is also being tested in clinical trials for immune-based treatments for many other types of cancers. Compared to common cancer treatment methods such as surgery, radiation, and chemotherapy, immunotherapy is a fairly new method. Depending on the type of your cancer, your oncologist may use immunotherapy along with surgery, radiation, and chemotherapy or solely as a separate treatment if other methods have failed. This method is extremely advanced and doctors sometimes also use it as a first line of treatment.

How does immunotherapy work?

Our immune system plays a critical role in helping our body to ward off external and internal diseases and illnesses, however, it cannot detect the issues inside like cancer cells. This usually happens because the cancer cells lack the external markers which are used by our immune system to identify hostile bodies that are essentially ‘hiding’ from it. Furthermore, cancer cells also signal our immune system to not destroy them and in some cases, our immune system is too weak to identify and destroy these cells and may require external help. This is where immunotherapy becomes critical as it enhances our immune system’s ability to destroy the tumour cells, stops the growth of cancer cells and prevents them from travelling to the other parts of the body.

What are the different types of immunotherapeutic options available?

Today, various types of immunotherapeutic options are available and can be used to treat cancer. These include –

Immune checkpoint inhibitors: These drugs help the immune system in recognizing and attacking cancer cells.
Cancer vaccines: These expose our immune system to an antigen and trigger it to recognize and destroy that antigen or related materials and prevent the spread of cancer cells. For instance, HPV vaccine is used to prevent cervical, vaginal, vulvar or anal cancer in males and females.
CAR T Cell Therapy: This therapy removes and alters our T Cells to improve their ability to combat cancer cells.
Non-specific immunotherapies: These treatments boost our immune system and help in attacking cancer cells.

What are the side effects of immunotherapy?

The side effects of immunotherapy are very different from those in chemotherapy or radiation and are largely related to the stimulation of the immune system. These include –

● Rash

● Itching

● Fever

● Severe diarrhoea

● Thyroid dysfunction

● Liver dysfunction

● Breathing difficulty

What are the advantages of Immunotherapy?

A major advantage of immunotherapy is that it can train our immune system to remember cancer cells and creates an “immune memory” which results in long-lasting disease remissions that are maintained even after treatment is completed. Other advantages include –

● Prevents the destruction of normal cells during the treatment

● Avoids conditions like Osteoradionecrosis (bone death) and prevents loss of taste

● Affordable and cost-effective as the approximate cost of treatment ranges from 1 to 4 lakhs per cycle.

When should you undergo immunotherapy?

Immunotherapy does not work on all types of cancer and if your cancer has been stopped by surgery, radiation, or chemotherapy, then you may not require it. This therapy is not recommended for all types of cancer and you may have to discuss it first with your oncologist before undergoing any trials.

How do you know whether immunotherapy is working or not and how many cycles does a patient require?

It usually takes 3-4 months for our body to respond to immunotherapy. This response is assessed using CT/PETCT scans. A patient generally undergoes 3-4 cycles of immunotherapy before showing any response. In case there is a response to the treatment, then the treatment is continued till the patient is benefitting and the drug is having an effect on the tumour.

Bajaj Finance hikes Fixed Deposit rates upto 8.20%

New Delhi, March 6, 2023: Bajaj Finance, the lending arm of Bajaj Finserv Ltd., one of India’s leading and diversified financial services groups, today announced an increase in interest rates on Fixed Deposits, taking it for senior citizens at 8.20 per cent per annum, for a tenure of 44 months.

The company has hiked FD rates by up to 35 basis points, for tenures between 15 months to 23 months, with effect from March 4, 2023. Depositors below 60 years can earn up to 7.95 per cent per annum. For the special tenure of 33 months introduced last year by Bajaj Finance, non-senior citizens can avail FD interest rates of up to 7.75 per cent per annum while senior citizens can earn up to 8.00 per cent per annum.

Sachin Sikka, Executive Vice President – Fixed Deposits & Investments, Bajaj Finance Ltd., said, “The current interest rate environment allows investors to make the most of Fixed Deposits. Our revised interest rates on Fixed Deposits in the 44-month bucket are as high as 8.20%, enabling investors to gain from inflation-beating rates and liquidity. Booking an FD with Bajaj Finance is completely digitised and paperless, making it a simple and secure process for investors.”

Bajaj Finance Ltd. offers one of the highest rates among large financial institutions in the country. Its digital journeys offer investors a secure and simplified route to set aside and grow savings. The company offers Fixed Deposits and attractive interest rates through its app, web, branches and distributors in 4000 locations across the country. In addition, Bajaj Finance also offers access to all mutual funds in the country through its Investment Marketplace app, offering investors a wide array of investment options to choose from.

  1. Bajaj Finance FD Rates (% per annum) for Non-Senior Citizens, w.e.f. 04 March 2023

 

  1. Regular Period
Period (months) Cumulative   Non-Cumulative
At Maturity Monthly Quarterly Half Yearly Annual
12 – 14 months 7.40 7.16 7.20 7.27 7.40
>15 – 23 months 7.50 7.25 7.30 7.36 7.50
24 months 7.55 7.30 7.35 7.41 7.55
25 – 35 months 7.35 7.11 7.16 7.22 7.35
36 – 60 months 7.65 7.39 7.44 7.51 7.65

 

  1. Special Period
Period (months) Cumulative   Non-Cumulative
At Maturity Monthly Quarterly Half Yearly Annual
15 months 7.45 7.21 7.25 7.32 7.45
18 months 7.40 7.16 7.20 7.27 7.40
22 months 7.50 7.25 7.30 7.36 7.50
30 months 7.45 7.21 7.25 7.32 7.45
33 months 7.75 7.49 7.53 7.61 7.75
44 months 7.95 7.67 7.72 7.80 7.95

  1. Bajaj Finance FD Rates (% per annum) for Senior Citizens, w.e.f. 04 March 2023

 

  1. Regular Period
Period (months) Cumulative   Non-Cumulative
At Maturity Monthly Quarterly Half Yearly Annual
12 – 14 months 7.65 7.39 7.44 7.51 7.65
>15 – 23 months 7.75 7.49 7.53 7.61 7.75
24 months 7.80 7.53 7.58 7.65 7.80
25 – 35 months 7.60 7.35 7.39 7.46 7.60
36 – 60 months 7.90 7.63 7.68 7.75 7.90

 

  1. Special  Period
Period (months) Cumulative   Non-Cumulative
At Maturity Monthly Quarterly Half Yearly Annual
15 months 7.70 7.44 7.49 7.56 7.70
18 months 7.65 7.39 7.44 7.51 7.65
22 months 7.75 7.49 7.53 7.61 7.75
30 months 7.70 7.44 7.49 7.56 7.70
33 months 8.00 7.72 7.77 7.85 8.00
44 months 8.20 7.91 7.96 8.04 8.20

A comparison of old and new interest rates for cumulative FD for Non-Senior Citizens, is given below:

Period (months) Previous Interest Rates (w.e.f. 20 Jan 2023) New Interest Rates (w.e.f. 04 Mar 2023)
12 – 14 7.15% 7.40%
15 7.30% 7.45%
>15 – 23

Toyota Kirloskar Motor Expands Centre of Excellence in Bengaluru

Overview of TKM  Equity participation  Toyota Motor Corporation (Japan) : 89%, Kirloskar Systems Limited (India) : 11%  Number of employees  Approx. 6,000  Land area  Approx. 432 acres (approx.1,700,000 m2)  Building area  74,000 m2  Total Installed Production capacity  Up to 3,10,000 units  Overview of TKM 1st Plant:  Established  October 1997 (start of production: December 1999)  Location  Bidadi  Products  Innova HyCross , Innova Crysta , Fortuner manufactured in India.  Installed Production capacity  Up to 1,00,000 units  Overview of TKM 2nd Plant:  Start of Production  December 2010  Location  On the site of Toyota Kirloskar Motor Private Limited, Bidadi  Products  Toyota Camry Hybrid, Urban Cruiser Hyryder, Hilux  Installed Production capacity  Up to 2,10,000 units

Bangalore, 06th March 2023 – As a part of its continuing emphasis towards the creation of a world-class skill pool including nurturing a mind-set for quality excellence, Toyota Kirloskar Motor (TKM) announced the setting up of a Centre of Excellence (CoE) in RV College of Engineering, Bengaluru. Aimed at offering engineering students with hands-on experience with powertrains and its functioning, the students will gain the opportunity to practically assemble and disassemble engines and gain a better understanding about automobile powertrains.

The 19th Centre in the city was inaugured by Dr. M.P Shyam, President, Rashtreeya Sikshana Samithi Trust (RSST) and Dr. K N Subramanya Principal RV College of Engineering in the presence of Mr. Swapnesh R Maru – Executive Vice President, TKM and other senior officials.

Drawing inspiration from Toyota’s efforts of enhancing skill-levels of engineering students, the tie-up has provided over 12,000 students with easy access to a robust curriculum through expert trainers, facilities, and equipment. The CoE set up within the campus will also consist of a Toyota engine, transmission, and powertrain as cut section and do-it-yourself models.

Commenting on Toyota’s support in developing world-class infrastructure and skill programs, Dr. M.P Shyam, President, RSST said, “We are delighted that Toyota has collaborated with RVCE for the establishment of a Centre of Excellence in Automotive Engineering. As the automotive industry is witnessing a paradigm shift by way of technological innovations, so is the demand for a skilled talent. This creates a need to bridge the industry & academia gap. The traditional syllabus and methods of learning need to be constantly upgraded in order to enhance learning and motivation amongst students, which will help in synchronizing with the rapid transition and evolving requirements of the industry. With the establishment of this Centre, we are confident that the hands-on and practical training experience will strengthen their learning abilities and create good career opportunities.”

Sharing his thoughts, Mr. Swapnesh R Maru – Executive Vice President, TKM said, “TKM is committed to contributing to the “Skill India” mission, and this initiative of CoE at RVCE, further reinforces our efforts towards developing a globally competitive talent pool, required for driving the “Make in India” program. Through this collaboration, with the prestigious RV College of Engineering, our efforts are to plug the skill gap and create better entry-level engineering talent, and job opportunities, that will enable the auto industry on its path to greater localization and self-reliance. At Toyota, one of the pillars for effective learning is through Genchi Genbutsu – which is a practice of analyzing the root cause of any problem in its source, in order to solve that problem quickly, efficiently & sustainably. We have followed the same practice here, as we believe in enhancing the learning process, not just with books, but with simulations and experiential learning. Our skill enhancement-related efforts are not just about our company but for the entire industry ecosystem and we will continue to support in training the youth with new-age engineering knolwdge and make them job-ready.”

Over its 25 years of existence in India, TKM has been passionately creating a scalable and sustainable skill mandate focused to bridge the gap underlying India’s rapidly growing industrial sector with evolving technologies and the availability of skilled manpower for the entire ecosystem. From imparting quality skill education to Engineering students to the entire workforce, the company’s efforts are aimed at ensuring contribution to the country’s vision of achieving self-reliance through ‘Make in India’ and ‘Skill India’.

Furthermore, TKM has trained over 77,760 employable youths through a variety of skill development initiatives. TKM is currently developing one Industrial Training Institute (ITI) in each district of the 31 districts in Karnataka. TKM continues to train trainees in 56 institutes across 25 States through the Toyota Technical Education Program (TTEP). The primary objective of the TTEP initiative is to enhance the student’s skill sets which will strengthen the talent pool from the grass root level and provide opportunities for youth with special focus in Rural and Semi Urban areas in line with the “Skill India“ initiative. In addition, Toyota dealers also support by providing On-Job training to these students. TKM also has collaborations with the Governments of Karnataka, Kerala, Odisha, Tamil Nadu, Maharashtra, Haryana, New Delhi, and Telangana to provide skill development to students and faculty members.

Recently, TKM has also undertaken a major expansion of TTTI with capacity going up from 200 to 1,200 students (academic batch-wise). This will be a major boost to the existing skill facility in its Bidadi plant with a focus to scale-up students’ skill levels on advanced technology, by Toyota expert trainers (globally certified).

Overview of TKM

Equity participation Toyota Motor Corporation (Japan) : 89%, Kirloskar Systems Limited (India) : 11%
Number of employees Approx. 6,000
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Up to 3,10,000 units

Overview of TKM 1st Plant:

Established October 1997 (start of production: December 1999)
Location Bidadi
Products Innova HyCross , Innova Crysta , Fortuner manufactured in India.
Installed Production capacity Up to 1,00,000 units

Overview of TKM 2nd Plant:

Start of Production December 2010
Location On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products Toyota Camry Hybrid, Urban Cruiser Hyryder, Hilux
Installed Production capacity Up to 2,10,000 units

Noise partners with Women’s IPL 2023 as an associate sponsor; celebrates the spirit of Women’s Day with ‘Transform like Taapsee’ film

6th March, 2023: Noise, India’s leading connected lifestyle tech brand, is geared up to celebrate the spirit of Women’s Day by showing their support for the women in blue. As an associate partner for Women’s IPL 2023, Noise will run their film ‘Transform like Taapsee’, featuring Taapsee Pannu. Joining in the spirit of Women’s Day, the film depicts brand’s core ethos of breaking stereotypes by listening to their noise within and showcases brand’s love and support towards the team, truly exemplifying the grit and determination it takes to make it big. The film will be aired starting today, 4th March during all the 22 matches on connected TV and linear SD+HD channels including Sports 18 and Jio Cinema.

Gaurav Khatri, Co-Founder of Noise said on the announcement, “At Noise have always aimed at creating a brand that resonates with the young Indian audience and what resonates with them better than cricket? Women in cricket perfectly exemplify our brand’s core philosophy of listening to the noise within. At Noise, we are proud to join in the celebration of Women’s IPL 2023 and we are certain our young audience will relate to it while they indulge in the upcoming cricket series.”

Starring Taapsee Pannu, the film resonates with the women dominating the world of cricket as it highlights the story of the choices she has made in her life, equating those with being a Noisemaker. It brings to light how Tapsee decided to go against all odds and listen to the Noise within, like the women in blue.

The film calls out the brand’s determination to encourage the youth and women to listen to the noise within. It further highlights its support towards the women dominating the world of cricket.

Svatantra Microfin Pvt. Ltd. (Svatantra) – India’s foremost microfinance company, is working with Proparco – the private sector financing subsidiary of Agence Française de Développement Group, a leading European Development Finance Institution (EDFIs) to advance women’s empowerment; as France becomes the EU Gender Champion in India

Mumbai, 6th March: Mumbai-based Svatantra Microfin was founded by Ms. Ananya Birla at the age of 17. Svatantra Microfin is one of the youngest and fastest growing NBFC-MFI in the country. Till date, it has crossed an AUM of 1 billion USD, 7000 employees, a CAGR of 120% (2015-2022), and is consistently accorded “Great Places To Work”. With a CRISIL A+ rating, Svatantra is the youngest and one of the highest rated organization in the sector. Svatantra has impacted over 18 million lives, and adopted the 100% cashless disbursement method since inception.

Ms. Ananya Birla with French Foreign Affairs Minister Ms. Catherine ColonnaOn this partnership, Ms. Ananya Birla commented, “It is an honour to associate with the French government and AFD Group, and for Svatantra to be recognized as a key driver for financial inclusion in India. This is the beginning of a long-term relationship to further the cause of gender equity and women empowerment.”

“We are thrilled to start our cooperation with Svatantra Microfin, an important Micro Finance Institution in India, which strives to support development of women-led microbusinesses. Its strategy of achieving responsible financial inclusion of financially excluded populations in rural areas of India with the help of technology, contributes to Sustainable Development Goals achievement and is fully aligned with Proparco’s strategy in the region. We look forward to witness Svatantra’s journey of creating a significant impact in the India.” said Ms. Francoise Lombard, CEO of Proparco.

The signing ceremony was organised in the French Embassy in New Delhi in the presence of French Foreign Affairs Minister Ms. Catherine Colonna, Ambassador of France to India Mr. Emmanuel Lenin, AFD Executive Director Mr. Philippe Orliange and Proparco Regional Director Ms. Diane Jegam.

Punjab De Sher beat Telugu Warriors in the 9th match of Celebrity Cricket League 2023

Punjab De Sher beat Telugu Warriors

The Celebrity Cricket League 2023 is Reloaded had a great match between Punjab De Sher Vs Telugu Warriors for the 9th Game of the Celebrity Cricket League 2023 at M. Chinnaswamy Stadium, Bengaluru. Punjab De Sher beat Telugu Warriors in a nail-biting finish to keep their hopes alive in CCL 2023. The match was amazing with some blitzing performances by players from both sides. The game was entertaining and a powerhouse of cricketing fun in an all-new format.

It is the first time in cricket history that a T20 match will be played in 2 innings of 10 overs each. The new format offers More Cricket, More Entertainment, and More Fun with the Cine Stars from 8 teams representing the respective Film Industries (Telugu Warriors, Karnataka Bulldozers, Chennai Rhinos, Kerala Strikers, Bengal Tigers, Bhojpuri Dabanggs, Mumbai Heroes and Punjab De Sher) competing for the CCL 2023 crown.

Match 9: Punjab De Sher Vs Telugu Warriors

Playing XI Punjab De Sher: Navraj Hans, Amith Bhalla, Dev Kharod , Binnu Dhillon(c), Babbal Rai, Rahul Jaittly, Balraj Syal, Anuj Khurana(wk), Suyyansh Rai, Mayur Mehta, Daksh Ajith, Rajiv Rishi, Karan Wahi, Hardy Sandhu

Playing XI: Telugu Warriors: Akhil Akkineni(c), Sudheer Babu, Nikhil, Raghu, Samrat, Ashwin Babu, Sachiin Joshi, Prince, Ayyappa Sharma(wk), Thaman, Roshan, Simha, Vishwa, Khayyum

Toss: Telugu Warriors won the toss and decided to bat

Both teams were represented by star players from Telugu and Punjabi film industries. They had some leading actresses and influencers cheering the respective teams, adding to the Glamour.

Highlights:

1st Innings: Telugu Warriors: Telugu Warriors scored 98 Runs for 4 wickets in their allotted 10 Overs

Thaman top scored with unbeaten 37 Runs off 18 balls followed by a rapid-fire 28 by Akhil Akkineni. Punjab De Sher’s Suyyansh Rai took 3 wickets for 8 Runs in the allotted quota of 2 Overs and stem the flow of runs helping to contain Telugu Warriors below 100.

In reply:

1st Innings Punjab De Sher: Punjab De Sher scored 101 Runs for 2 wickets in the allotted 10 Overs securing the lead of 3 Runs. Babbal Rai top scored with an attacking knock of 62 Runs off 32 balls followed by well-made 18 runs by Binnu Dhillon.

In the 2nd Innings

2nd Innings Telugu Warriors: Telugu Warriors scored 112 Runs for 5 wickets in the allotted 10 Overs setting a target of 110 to win for Punjab De Sher. Ashwin Babu top scored with a blitzing knock of 32 Runs in 15 balls followed by 27 runs from 14 balls by Captain Akhil Akkineni.

In reply: Requiring 110 Runs to win

2nd Innings Punjab De Sher: Punjab De Sher achieved the target in a nail-biting finish in the last over of their innings. Mayur Mehta powered the run chase scoring 70 runs off 32 balls.

Result: Winners: Punjab De Sher beat Telugu Warriors by 6 wickets.

The league has Parle as the Title Sponsor for CCL 2023 and A23 – a skill-based gaming platform- as this season’s Presenting Sponsor.

According to Mr. Vishnu Vardhan Induri, Founder & Managing Director of Celebrity Cricket League, “We are delighted to bring back the Reimagined, Refreshed, and Reloaded edition of Celebrity Cricket League 2023. This season offers More Cricket, More Celebrities, and More Fun for the visitors with the new format of a T20 with 2 innings of 10 overs per team. We are excited at the response to the first 8 games, and especially thank the people of Bengaluru for an overwhelming response to CCL 2023 and look forward to more excitement in the rest of the games.”

Actor-producer Riteish Deshmukh is leading Mumbai Heroes, Punjab De Sher captain is actor Sonu Sood, Bhojpuri Dabanggs has actor Manoj Tiwari as their captain, actor Jisshu Sengupta is leading Bengal Tigers, Karnataka Bulldozers will be led by actor Kiccha Sudeep, Telugu Warriors is headed by actor Akhil Akkineni, Kerala Strikers has actor Kunchacko Boban as their captain and actor Aarya is captain of Chennai Rhinos.

The matches will be telecasted live and exclusively across the ZEE TV network on 6 different channels.

All 19 Games of CCL are to be telecasted on Zee Anmol Cinema, 4 League Matches of the home team, and 2 Semis + 1 Final in their respective Regional language Commentary. Matches of Mumbai Heroes will be telecasted on & Pictures Hindi, PTC Punjab will telecast matches of Punjab De Sher, Zee Cinemalu, Zee Thirai, Zee Pichar, Zee Biskope, Zee Bangla will telecast matches of Telugu Warriors, Chennai Rhinos, Karnataka Bulldozers, Bhojpuri Dabanggs, Bengal Tigers and matches of Kerala Strikers will be telecasted on Flowers TV.

CCL 2023 is all set to thrill cricket and movie fans alike in its new season – Reimagined, Refreshing, and Reloaded!

Fasten your seatbelts for more Fun!!

To plan your next 3 weekends refer to the match schedule enclosed herewith.

Karnataka Bulldozers beat Chennai Rhinos in a nail-biting encounter in the 10th match of Celebrity Cricket League 2023

Karnataka Bulldozers beat Chennai Rhinos

The Celebrity Cricket League 2023 is Reloaded witnessed an exciting encounter between Chennai Rhinos Vs Karnataka Bulldozers. Karnataka Bulldozers won the nail-biting match by 6 wickets. The match was amazing with some blitzing performances by players from both sides. The game was entertaining and a powerhouse of cricketing fun in an all-new format.

Match 10: Chennai Rhinos Vs Karnataka Bulldozers

Playing XI Chennai Rhinos: Aarya(c), Vishnu Vishal, Vikranth, Shantanu, Prithvi, Ashok Selvan, Mirchi Shiva, Bharath, Ramana(wk), Adhav Kannadhasan, N Dasarathi, Sharan, Kalai Arasan, Balasaravanan

Playing XI: Karnataka Bulldozers: Pradeep Bogadi(c), Rajeev Hanu, Kiccha Sudeep(wk), Ganesh, Krishna, Suneel Rao, Jayram Karthik, Karan Arryaan, Arjun Yogi, Petrol Prasanna, Arun Bachchan, Prathap Narayan, Chandhan Kumar, Trivikram

Toss: Karnataka Bulldozers won the toss and elected to field.

Highlights:

1st Innings Chennai Rhinos: Chennai Rhinos scored 85 Runs for the loss of 2 wickets in the allotted 10 Overs. Vikranth top scored with 26 runs followed by a rapid 22 off 17 balls by Vishnu Vishal.

In reply:

1st Innings Karnataka Bulldozers: Karnataka Bulldozers scored 109 Runs for no wickets in the allotted 10 Overs securing the lead of 24 Runs. The Opening Pair of Krishna remained unbeaten on 62 runs off 33 balls with his partner Pradeep Bogati remaining unbeaten on 46 runs off 27 balls. The opening pair has put Karnataka in the driver’s seat to win this match and become table toppers.

In the 2nd Innings

2nd Innings Chennai Rhinos: Chennai Rhinos bounced back in the game with a superlative batting performance and scored 125 Runs for 5 wickets in the allotted 10 Overs setting a target of 102 for victory for Karnataka Bulldozer. Vishnu Vishal top scored with 32 runs off 19 balls along with valuable contributions of 20+ runs each from Ramana, and Prithvi along with a closing flourish by Vikranth getting 21 runs off 7 balls to help Chennai Rhinos set a challenging target for Karnataka Bulldozers.

KarnatakaBulldozers Require 102 Runs to win

2nd Innings Karnataka Bulldozers: Chasing the target of 102 runs Karnataka Bulldozers scored 104 runs for 4 wickets in 8.1 overs and beat Chennai Rhinos by 6 wickets. The chase was controlled by a blitzing unbeaten knock of 57 runs off 18 balls with 3 fours and 5 sixes by Arun Bachchan. Jayram Karthik’s patient knock of 34 runs of 23 balls set up the run chase beautifully for Karnataka Bulldozers.

Result: Winners: Karnataka Bulldozers beat Chennai Rhinos by 6 wickets.

The league has Parle as the Title Sponsor for CCL 2023 and A23 – a skill-based gaming platform- as this season’s Presenting Sponsor.

According to Mr. Vishnu Vardhan Induri, Founder & Managing Director of Celebrity Cricket League, “We are delighted to bring back the Reimagined, Refreshed, and Reloaded edition of Celebrity Cricket League 2023 to Bengaluru. This season offers More Cricket, More Celebrities, and More Fun for the visitors with the new format of a T20 with 2 innings of 10 overs per team. We are excited at the response to the first 9 games and look forward to more excitement in the rest of the games. Tomorrow the action moves to Thiruvananthapuram.”

Actor-producer Riteish Deshmukh is leading Mumbai Heroes, Punjab De Sher captain is actor Sonu Sood, Bhojpuri Dabanggs has actor Manoj Tiwari as their captain, actor Jisshu Sengupta is leading Bengal Tigers, Karnataka Bulldozers will be led by actor Kiccha Sudeep, Telugu Warriors is headed by actor Akhil Akkineni, Kerala Strikers has actor Kunchacko Boban as their captain and actor Aarya is captain of Chennai Rhinos.

It is the first time in cricket history that a T20 match will be played in 2 innings of 10 overs each. The new format offers More Cricket, More Entertainment, and More Fun with the Cine Stars from 8 teams representing the respective Film Industries (Telugu Warriors, Karnataka Bulldozers, Chennai Rhinos, Kerala Strikers, Bengal Tigers, Bhojpuri Dabanggs, Mumbai Heroes and Punjab De Sher) competing for the CCL 2023 crown.

The matches will be telecasted live and exclusively across the ZEE TV network on 6 different channels.

All 19 Games of CCL are to be telecasted on Zee Anmol Cinema, 4 League Matches of the home team, and 2 Semis + 1 Final in their respective Regional language Commentary. Matches of Mumbai Heroes will be telecasted on & Pictures Hindi, PTC Punjab will telecast matches of Punjab De Sher, Zee Cinemalu, Zee Thirai, Zee Pichar, Zee Biskope, Zee Bangla will telecast matches of Telugu Warriors, Chennai Rhinos, Karnataka Bulldozers, Bhojpuri Dabanggs, Bengal Tigers and matches of Kerala Strikers will be telecasted on Flowers TV.

CCL 2023 is all set to thrill cricket and movie fans alike in its new season – Reimagined, Refreshing, and Reloaded!

Fasten your seatbelts for more Fun!!

To plan your next 3 weekends refer to the match schedule enclosed herewith.