Archives May 2023

Mumbai, 11th May 2023: Zell Education, India’s leading finance and accounts Ed-tech , recently hosted its first edition of Finance Frontiers Conclave 2023 on 6th May at Sheila Raheja Auditorium, Mumbai. The event brought together an exclusive opportunity to build a niche community led by industry leaders. It was orchestrated over multiple sessions, including keynote, panel discussion, open Q&A and networking sessions.

The event kick started with a keynote and a welcome speech by Pratham Barot, Co-founder and CEO of Zell Education, followed by a Panel discussion on “From Accounting Student to CFO: Career Progression in F&A”. It highlighted the esteemed panelist from of the industry, namely, Keyur Shah Partner & Leader of the Financial Services Tax practice at EY; Vivek Soni Partner & National Leader of Private Equity Services; Nidhi Sony, Talent Director at EY and Parth Gandhi Founder and CIO at Bombay Capital.

More than 150 attendees were present in the event and had the opportunity to participate in Open Q&A followed by a Networking session by the end of the event.

“It was a great experience to put together an event of such stature and record a significant participation,” said Pratham Barot, Co-founder and CEO of Zell Education. “While we always strive to become a trusted platform for aspiring students to get upskilled in various Finance & Accounting roles, creating a space for them to interact with industry experts directly will benefit them in the future. We are also thankful to our speakers/panellists who took the time to share their knowledge, experience, latest trends and best practices of the industry with the growing fraternity of Finance professionals”, Mr. Barot

Mothers take on many roles in our lives – friend, confidant, frenemy, mentor, stylist… these are only a few examples. They work hard to take care of us and often forget to take care of themselves. So, this Mother’s Day, why not gift these superwomen some much-needed TLC? The Body Shop, a Britain-born international, ethical beauty brand, has an extensive Mother’s Day gifting range. The products in its collection are infused with handpicked ingredients like British Rose that emanate a refreshing floral scent and are ideal for year-round use. What’s more, is that The Body Shop’s gifting range comes at varied price points. So, there’s something for every budget.

Here are some of the options to pick from:

1. Bloom & Glow British Rose Mini Gift, INR 1395

At the end of a long day, everyone deserves to indulge themselves, and your mother is no exception. Let her skin soak up the goodness of handpicked English roses with The Body Shop’s Bloom & Glow British Rose Mini Gift. Containing a 60ml shower gel, 50ml body butter, and a 30ml hand cream, the mini gift is ideal for mothers who travel a lot. They can simply pack it in their handbags/suitcases and enjoy a pampering session anytime, anywhere! The body butter in the gift set is Vegan Society-certified and made with 96% ingredients of natural origin, including Community Fair Trade shea butter from Ghana that offers up 96 hours of hydration for the skin. The Bloom & Glow British Rose Mini Gift is sure to offer indulgence for when your mum needs a little pick-me-up.

2. The Lather & Slather British Rose Gift Case, INR 1395

Mothers often have an entire day of tasks ahead of them as soon as they wake up, and a pampering session is much-needed, which is just what The Body Shop’s Lather & Slather British Rose Gift Case will provide. Containing a 60ml shower gel, 50ml body butter and a 30ml hand cream packed in a reusable gift case, the set is the perfect Mother’s Day gift. It will allow your mum to have some “me time” and indulge in self-care. Besides, the container of each of the products is fully recyclable, thereby minimising the impact on the planet.

3. Jolly & Juicy Strawberry Essentials Gift, INR 2745

The pleasantly fruity scent of strawberry will rejuvenate your skin like no other! The Body Shop’s Jolly & Juicy Strawberry Essentials is bound to treat your mum to a luxurious at-home self-care session. Containing a 250ml shower gel, a 200ml body yogurt, 30ml hand cream, and a mini Ramie Bath Lily, the gift set will leave one smelling invigorating and fruity. The body yogurt is made with Community Fair Trade almond milk from Spain, while the Mini Ramie Bath Lily is made with natural, durable fibres that gently scrub away dead cells without damaging the skin or polluting the environment. Once you’re done, all you have to do is finish up with the hydrating hand cream.

4. Happy & Hydrated Vitamin E Skincare Gift, INR 3595

The Body Shop’s Happy & Hydrated Vitamin E Skincare Gift set is ideal for pampering and refreshing the skin. The gift set contains a gentle cleansing face wash, a moisturising cream, and a cooling gel mist, all of which provide intense hydration. Perfect for all skin types, the products in this gift set come in recyclable containers, with the gift box handmade by The Body Shop’s Community Fair Trade partner, Get Paper Industry (GPI), based in Nepal.

5. Rich & Creamy Avocado Essentials Gift, INR 2900

Say hello to clear, smooth skin with The Body Shop’s Rich & Creamy Avocado Essentials gift kit that comes with a 250ml shower cream, a 200ml body yogurt, a 30ml hand balm, and a mini Ramie Bath Lily. Enriched with avocado and Community Fair Trade organic almond milk from Spain, the products in this gift set are sure to leave your mother’s skin feeling soothed, smooth, and nourished.

6. Protect & Soften Hand Balm Trio, INR 1595

Our mothers’ hands are often subjected to hard work almost every day, so treat them to a luxurious hand care session with The Body Shop’s Protect & Soften Hand Balm trio. Enriched with shea butter, almond milk, and avocado, the hand balms are ultra-hydrating, and leave one’s hands feeling moisturised and loved. The gift set also supports brand’s Community Fair Trade partners who helped make it. The nourishing Hand Creams are made with handcrafted Community Fair Trade shea butter from Ghana.TBS’s trade helps provide financial independence to over 600 women across 11 villages. They also pay a premium on top of a fair price to help invest in community projects.

Mumbai, 11th May 2023 – Mumbai’s iconic lifestyle destination, R CITY, is bringing to its patrons an unforgettable musical extravaganza, this May, with two of the country’s top singers performing live through its two musical concerts – Farnaz Fever presenting JAVED ALI – LIVE IN CONCERT at 7 PM on Saturday 20th May 2023 and MAHETIK ENTERTAINMENT PVT LTD presenting SHILPA RAO – LIVE IN CONCERT at 7:30 PM on Sunday 21st May 2023. The music gigs will definitely transport the audience into a musical wonderland making it a weekend to remember!

No stranger to the music scene in India, and the man behind countless tunes, Javed Ali, is known for his soulful voice, and has delivered chartbusters including songs like “Jashn-e-Bahaara” (Jodhaa Akbar), “Kun Faya Kun” (Rockstar) amongst others. He is all set to entertain the crowds by performing some of his finest Sufi, Bollywood and pop hits. On the other hand, Shilpa Rao, popularly known for her unique blend of Indian classical and contemporary styles, promises an energy-filled concert where she will be performing her Bollywood chart-toppers such as “Ghungroo” (War), “Malang” (Malang) and many more.

Over a period of time, R CITY has expanded its horizons and has organized various genres of events for its audiences at the sprawling 24,000 sqft huge courtyard. This ranges from stand-up comic shows to musical nights, flea markets to food festivals, etc. which makes R CITY more than just a shopping destination.

So head to R CITY with your loved ones and enjoy a weekend filled with soulful melodies, foot-tapping rhythms and electrifying beats!

Tickets to both concerts are available on BookMyShow. So grab them now.

New Delhi, 11th May 2023:– JSW Infrastructure, the ports business of the JSW Group has filed the DRHP for its initial public offering with SEBI on 9th May 2023. The Ports business of Sajjan Jindal-led JSW Group plans to raise upto Rs 2,800 crore through the IPO route. The company plans to deploy these funds to retire its debt as well as to fund its capacity expansion projects.

JSW Infrastructure has emerged as the fastest growing port-related infrastructure company in terms of growth in installed cargo handling capacity and cargo volumes handled during Fiscal 2020 to Fiscal 2022, and the second largest commercial port operator in India in terms of cargo handling capacity in Fiscal 2022”. As at December 31, 2022, JSW Infrastructure has an installed cargo handling capacity of 153.43 million tonnes per annum for multi-commodity cargo including dry bulk, break bulk, liquid bulk, gases and containers. JSW Infrastructure’s port business operations have expanded from one Port Concession at Mormugao in Goa that was acquired by the JSW Group in 2002 and commenced operations in 2004, to nine Port Concessions as of December 31, 2022 across India, making it a well-diversified maritime ports company. Additionally, company is into O& M contracts of 2 ports in UAE, at Fujairah Terminal and Dibba Terminal having a collective capacity of 41 mmtpa.

JSW Infrastructure has in the past acquired Port Concessions in the states of Tamil Nadu and Karnataka as part of its efforts to increase cargo handling capacity, expand its footprint across geographies and products and to cater to growing cargo volumes. As part of its strategy, the company plans to further expand its asset portfolio and grow its operations by evaluating acquisition opportunities to strengthen its presence in handling container and liquid cargo, with a focus on increasing its third-party customer base.

The JSW Infrastructure IPO is the third public listing by the JSW Group and follows 13 years after the public listing of JSW Energy in January 2010. JSW Infrastructure Promoters will not be diluting their current stake.

JSW Infrastructure has shown very strong CAGR growth in all key parameters in terms of, Cargo volume 35%, revenue 41% from Rs 1,143.15 crore in FY 2019-20 to Rs 2,273.06 crore in FY 2021-22, EBITDA 31% from Rs 713.42 crore in FY 2019-20 to Rs 1,215.11 crore in FY 2021-22 & PAT 30% from Rs 196.53 crore in FY 2019-20 to Rs 330.44 crore in FY 2021-22.

For the nine months ended December 31, 2022, it handled a cargo volume of 66.70 million metric tons (MMT), revenue from operations stood at Rs 2,279.44 crore and profit after tax stood at Rs 447.24 crore, whereas EBITDA margin stood at 52.87% and has a net debt of Rs 2,875 crore.

JM Financial Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited, DAM Capital Advisors Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited, and SBI Capital Markets Limited are the book running lead managers and KFin Technologies Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE.

Mumbai, 11th May 2023: Property portal 99acres.com, has launched a one-of-its-kind feature, ‘Insights’, to help customers make the right property decision. This innovative real estate intelligence solution helps consumers make their home search & research journey seamless, by providing a holistic understanding about localities, prices, resident reviews and much more.

People looking to buy, sell or rent a property have to go through various challenges. The process is time-consuming, involves extensive research and there is a huge problem of lack of reliable information. ‘Insights’ is a one-stop solution that provides consumers all the details about localities and housing societies across India, so that they make an informed choice.

‘Insights’ has helped millions of consumers with their property-related requirements. It has over three lakh resident reviews with 20,000 reviews being added every month. Ratings and Reviews provide authentic, unbiased reviews by residents across 9,600 localities and 4,600 societies, highlighting its advantages and disadvantages. These are deeper insights about a locality or society that consumers won’t have access to unless they have lived there.

Price Trends show the current market price and also give details about the appreciation or depreciation of locality/society prices. Moreover, through Property Transaction Prices, consumers can know the latest transaction data as per the registry records and get the best possible deal.

The Locality Insights provide a holistic overview of localities and societies on parameters such as safety, amenities, upcoming developments, and connectivity to hospitals, metro, malls, etc. and helps consumers get an in-depth understanding.

Speaking on the same, Sumeet Singh – CMO, InfoEdge said, “Our endeavour is to help consumers make the right property decision and cater to their requirements effectively. We launched ‘Insights’ to provide accurate and transparent information to consumers and transform their home search and research journey. We have received positive response for ‘Insights’ so far and are confident that we will be able to serve our consumers and customers better with this innovative solution.”

99acres.com recently rolled out the #HarKoiExpert campaign focused on ‘Insights’. The brand also intends to roll out a series of films around the real estate intelligence offering throughout the year.

11 May 2023  Avaali, a leading provider of digital solutions in the cost optimization and global business services space, announced today that it has partnered with Elm, a renowned provider of digital services in Saudi Arabia.

This collaboration will help support government and private entities in their digital transformation journey in Saudi Arabia. Through this partnership, Avaali and Elm will leverage their collective expertise and technologies to support better clients’ digital transformation initiatives for innovation and growth in the Kingdom. The collaboration will focus on business process automation and technology consulting, addressing clients’ present and future needs across Saudi Arabia.

The spokesman and Vice President of Marketing at Elm, Majid bin Saad Alarifi, stressed the importance of this partnership, which will contribute to developing employees’ skills in the latest technological trends, and help them achieve self-sufficiency while establishing a long-term business relationship between the two sides, adding that this agreement comes in line with Elm interests to expand internationally through focusing on the latest technologies that meet the needs of our current and future customers. Also, such agreements open up a wide range of opportunities for both partners.

Moreover, Alarifi added that this partnership comes as a realization to Elm strategy in building partnership with leading digital companies to ensure delivering the best service to the customer and providing integrated digital systems that promote digital transformation, a goal that comes in line with Vision 2030.

Srividya Kannan, Founder and Director of Avaali Solutions said: “We are delighted to have partnered with Elm and are confident that our combined capabilities will transform how organizations in Saudi Arabia approach digital transformation. Our collaboration is a testament to Avaali’s commitment to providing the best solutions and expertise to support the government, public sector, and private entities on their digital journey. We look forward to supporting their transformation initiatives and making a real impact in the way they work.”

It is noteworthy that Avaali Solutions is a leading provider of business process automation solutions to large enterprises across the globe. The company delivers P&L impact with digital. The company has executed over 250 successful GBS / Shared service automation projects, using a combination of cutting-edge technologies like RPA, IDP, AP invoice automation, ECM and workflow automation. Their flagship product – Velocious Source to Pay Platform is a full-featured solution for Sourcing, P2P and auction processes. It has been successfully deployed at some of the world’s largest enterprises including the Ministry of Petroleum, OIL India. The company is passionate about helping its clients achieve measurable business outcomes with digital transformation.

Bengaluru, 11 May 2023: YouMee, the popular Pan-Asian cuisine brand, is all set to open its third outlet in Bengaluru at Forum Falcon City Mall. With a focus on providing an eclectic dining experience to food enthusiasts, YouMee’ s journey began in March 2018 with the opening of its first 40-seater restaurant at M Block Market, GK-2, Delhi.Since then, the brand has come a long way, expanding its footprint to multiple locations across the country. YouMee’s popularity has grown over the years, and it has now become a preferred dining destination for millennials, Gen-Z, and food enthusiasts.

The new outlet at Forum Falcon City Mall Bengaluru features an interior that is quite different from the existing ones. The colour palette includes black, white, red, wood, and quirk, and the dining area are highly inspired by Japanese toys. The manga comic art will still be predominant on the walls of YouMee.The outlet can seat up to 72 people, and patrons can enjoy a range of delectable Pan-Asian dishes, including their famous Ramen, which was the first of its kind to be introduced in Delhi NCR.

At the heart of the menu at YouMee resides Sushi, Dimsum and Ramen. Sushi lovers can treat their tastebuds with Vegetable California-the ultimate veggie roll consisting of cucumber, avocado, takuwan, asparagus, and sesame seeds, Hamachi New York Dragon which is made of avocado, prawn tempura, salmon, Hamachi yellowtail, & spicy may. One must not miss on the iconic New York Cheese & Chilli Oil dimsum which is packed with packed with cream cheese, buttonmushrooms, water chestnut & topped with chili oil. Other delights to try are YouMee Signature Ramen, Goat Cheese & Pickled Mushroom Bao, Kung Pao Chicken, Thai Curry and more. The fabulous meal can be rounded with the amazing Coconut & Jaggery Puddling.

Indore, 11 May 2023: A premium ode to classic Punjabi cuisine with a modern twist, Punjab Grill has taken its guests on a majestic culinary expedition of the Royal States of undivided Punjab since 2008. It is an endeavour by Lite Bite Foods, where the feeling of luxury is noticeable, as the restaurant chain is encapsulating more elements of Punjabi heritage and culinary culture.

A name that emanates grandeur, the restaurant chain is well-renowned for serving authentic, hearty, and delicious North Indian food, using age-old recipes and new-age cooking techniques.

Reaching new heights, Punjab Grill is delighted to announce its first outlet opening in Phoenix Citadel, Indore. The eatery brings forth the rich heritage of the undivided states of Punjab through its signature dishes like the soft and succulent Murgh Makhani, rich and creamy Dal Makhani, Paneer Tikka Multani, Banarasi Tamatar Kulcha, Malai Broccoli & Tandoori Chicken to name a few.

Known as the pioneer of the North-Indian cuisine, the food here is more than just a meal – it is a journey for your tastebuds, and it is an unmatchable experience.

Devour in this gastronomic journey with the lion of the culinary world – PUNJAB GRILL!

Sitapur, 11th May 2023: After a successful collaboration in Rampur, Radico Khaitan partnered with SheWings Foundation to organise another successful health and hygiene awareness camp for women in the Sitapur district, Uttar Pradesh. After some interactive sessions that revolved around making women aware of menstrual hygiene and tackling the stigma around menstruation, the organizers distributed sanitary napkins to the audience.

The event was aimed at helping women understand the need to break the taboo around menstruation by imparting appropriate knowledge, recognizing the importance of hygiene, and enabling women and girls to talk freely about their health issues. As a part of this drive, SheWings distributed sanitary napkins on the ground level in the Sitapur district.

Hosted recently in Bal Van Udyan, Ilsiya, Sitapur, the event began with a welcome speech by Ms. Savita Singh, Senior Educationist, and former Principal of a reputed inter-college in Lucknow. The event was graced by the presence of dignitaries like Ms. Rekha, Senior Women Empowerment Activist, BJP; Ms. Pooja Chaudhary, Gram Pradhan, Sitapur; and Mr. D.M Shukla, DFO, Sitapur.

Ms. Savita began the address by sharing her insights on the importance of using sanitary pads and disposing of them properly. She further encouraged women to stay focused on their menstrual hygiene as she added that imparting the right knowledge to the young generation is crucial in ensuring that adolescent girls lead healthier life.

In one of its recent studies, the UN’s child protection agency, UNICEF, mentioned that 71% of adolescent girls in India remain unaware of menstruation until they get their first period.

Another report by an NGO claims that over 20 million girls are forced to drop out of school annually due to a lack of proper menstrual hygiene management facilities, which include the availability of sanitary pads and information about menstruation.

Speaking about the success of the event, Mr. Amar Sinha, COO, Radico Khaitan, said, “We are proud to be part of the Women’s Health and Hygiene campaign initiated by SheWings. After the success of our first event in Rampur, seeing a huge turnout in Sitapur was a delight as it represents that women want to gain knowledge of their well-being. We are here to promote awareness and educate as many women as we can. We are extremely happy to partner with SheWings for this great cause.”

Talking about the issues faced by women because of a lack of proper education about menstruation, senior activist, Ms. Rekha, said, “There is an urgent need for breaking free of the taboo surrounding menstruation. The right information and awareness about menstruation need to be imparted for society to accept it as a natural process.”

Gram Pradhan Ms. Pooja Chaudhary also touched upon the importance of cleanliness during menstruation so that women can take care of themselves and prevent themselves from any health hazards.

Mr. D.M. Shukla, Divisional Forest Officer of Sitapur said, “It is an honour to be a part of this amazing initiative by SheWings and all the partners including Radico Khaitan. It is important to educate girls and by educating women, we are educating generations.”

Ms. Savita, thanked all the panelists, the SheWings team and Radico Khaitan for making the event a success.

Surat, India, 11th May’ 2023: Goldi Solar, India’s most quality-conscious solar brand, has partnered with YES BANK to finance solar projects for its Micro, Small and Medium Enterprises (MSME) customers, through YES BANK’s YES KIRAN programme. Under this programme, the Bank will offer financial assistance to MSME manufacturers, who wish to install solar panels at their premises.

The platform will process all the loan applications for solar projects sourced from across the country for installation by business entities such as commercial institutions, industries, resorts, hotels, manufacturing units, and warehouses that can utilize this secured financing instrument to switch to solar power. Also, consumers can receive technical assistance at their doorstep and get loan approvals faster.

Speaking on the partnership, Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar, said, “Over the past few years, we’ve seen a significant behaviour shift in the Indian MSMEs towards green energy solutions. We anticipate that more small businesses will adopt solar power, increasing their competitiveness in domestic and international markets and contributing to India’s energy security and the decarbonization of power. With our partnership with Yes Bank, we’re excited to offer a financing solution to help MSMEs save on electricity costs and improve access to green energy.”

Bharat Bhut, Co-Founder and Director of Goldi Solar, stated, “Borrowers can use a digital platform to process a seamless application for their solar project loans. Through the Solar Finance Scheme, consumers from MSME industries can obtain loans of up to INR 30 million. Our partner, Yes Bank, will provide end-to-end service and hassle-free journey to the loan applicants to finance solar projects.”