Archives July 2023

Bengaluru, India –20th July 2023: Bookings for the New Range Rover Velar have been opened in India. The New Range Rover Velar is available in Dynamic HSE with two powertrain options – the 2.0 l petrol engine delivering a power of 184 kW and 365 Nm torque and a 2.0 l Ingenium diesel engine delivering a power of 150 kW and 420 Nm torque.

Rajan Amba, Managing Director, JLR India, said: “The New Range Rover Velar is a pure expression of trademark Range Rover refinement, featuring the latest technology and a dramatic, clean and reductive new design. Defined by perfectly optimised proportions, the Range Rover Velar embodies sophisticated elegance with a dramatic presence, which makes it that much more intriguing and desirable to our discerning clients.”

Reductive Design

The Range Rover Velar features a new front grille, alongside the introduction of new Pixel LED Headlights with jewel-like effect Signature Daytime Running Lights. At the rear, the powerful overhang provides balance and highlights the Range Rover Velar’s imposing length.

The Range Rover Velar is available in two new leather colourways – Caraway and Deep Garnet. These are complemented by a curated choice of details, including new Moonlight Chrome on the steering wheel, centre console surrounds and air vents. Tactile Shadow Grey Ash wood veneer trim finishers underline its elegance. Two new colour options join the exterior palette: Metallic Varesine Blue and Premium Metallic Zadar Grey.

Seamless Integration

New Range Rover Velar is the first to feature the next-generation Pivi Pro infotainment, which incorporates controls for all key vehicle functions within the new 28.95 cm (11.4) curved glass touchscreen.

Pivi Pro supports effortless smartphone connectivity with Wireless Apple CarPlay™ and Wireless Android Auto® while Wireless Device Charging, from a new stowage area in the centre console, provides immediate fast charging and reduces the need for wires.

Calm Sanctuary

The cosseting cabin of the Range Rover Velar minimises road noise with pioneering Active Road Noise Cancellation technology, ensuring the New Range Rover Velar offers an extremely quiet in-cabin experience.

The latest Cabin Air Purification Plus system helps promote occupant wellbeing and alertness, aiming to provide superior air quality. CO2 management and PM2.5 Cabin Air Filtration improve the cabin environment by monitoring interior and exterior air and adjusting accordingly. The system also combines nanoe™ X technology to combat pathogens and help significantly reduce odours, bacteria and allergens.

Performance and Capability

Trademark Range Rover ride comfort and refinement is provided by advanced chassis and suspension set-ups in the Range Rover Velar. Electronic Air Suspension provides serene comfort, maintaining composure on rougher roads while smoothing out bumps with Adaptive Dynamics, an advanced chassis system that continuously varies the damping forces at each wheel.

Terrain Response 2® is accessible through Pivi Pro and allows the driver to adjust vehicle settings to suit the driving environment, with a choice of Eco, Comfort, Grass-Gravel-Snow, Mud-Ruts, Sand, Dynamic and Automatic mode. Each alters the calibration of the engine, transmission, all-wheel drive system, suspension, and stability control systems for optimum traction and composure.

The New Range Rover Velar is available to order now with deliveries from September 2023 onwards. For more information visit www.landrover.in

New Delhi,20th July 2023Consistent Infosystems, a leading provider of cutting-edge technology solutions, is proud to announce its highly anticipated Annual Sales Meet which took place in Delhi. This exclusive event served as a platform to showcase the company’s sales planning, and training initiatives, and introduced the esteemed members of the sales team from across multiple states.

Attending the event were Consistent Infosystems’ Founders, Nitin Bansal and Yogesh Agrawal, along with the Pan India sales team and key stakeholders from across the organization. This year’s event highlighted the remarkable growth achieved over the past year while outlining the strategic direction for the future.

 The agenda for the Annual Sales Meet included comprehensive sales planning sessions, designed to align the team’s efforts with Consistent Infosystems’ highlighting business objectives. These sessions enabled the sales team to formulate effective strategies, identify new market opportunities, and drive sustainable growth in the rapidly evolving technology landscape.

Adding on to the achievements recently the company was also recognized by ‘NCN Editor’s Choice Awards 2022’ in ‘The Value-For-Money Accessories’ category, and a Certificate of Achievement on attaining Advanced Level of outstanding performance in Amazon Marketplace for the year 2023.

 “We were thrilled to organize our Annual Sales Meet, as it allows us to celebrate our achievements, strengthen our strategic focus, and nurture a culture of continuous learning and development,” said Yogesh Agrawal, CEO, and Co-Founder, CONSISTENT INFOSYSTEMS PRIVATE LIMITED. “This event served as a platform to showcase the collective expertise of our sales team and reaffirm our commitment to providing innovative technology solutions that drive value for our clients.”

 The Annual Sales Meet is a testament to Consistent Infosystems’ unwavering dedication to fostering a culture of excellence, collaboration, and customer-centricity. The event provides a unique opportunity for the sales team to interact, exchange knowledge, and lay the foundation for future success.

Haridwar, 20th July 2023: Luminous Power Technologies, India’s leading power and electrical company, announces the continuation of its transformative Luminous Advanced Mentoring Program (LAMP) in Haridwar, in association with Happy Horizon Trust, a non-profit organization. Embarking on its second batch, the program is dedicated to empowering children of financially poor families. By providing essential educational assistance and nurturing their potential, Luminous aims to create a brighter and more promising future for these young individuals. The program is set to commence from July 19th, 2023.

The second batch in Haridwar aims to empower 50 more students, with a noteworthy 80% of the cohort being girls, who face challenges such as high dropout rates and social barriers. By addressing these issues, Luminous Power Technologies aspires to break limiting cycles and create transformative pathways towards a brighter future for these underprivileged students.

The event was graced by esteemed guests, including Aakansha Rathor, BEO (Block Education Officer) from Roorkee, at Mehwadkalan village in the Roorkee area of Haridwar. She emphasized how corporates often consider CSR as a burden, but Luminous has demonstrated genuine interest in contributing to education. She highlighted the importance of education in empowering every child, regardless of their gender, caste, or social status, and how knowledge shapes their future, whether they are from a city or a village. She also encouraged students to be resourceful, as it’s not just aptitude but attitude that determines their path ahead. Her powerful words resonated deeply with the children and their parents who were present, leaving them inspired and motivated. Representing Luminous Power Technologies, Ms. Smita Kumari, General Manager of Battery Manufacturing at Haridwar, Mr. Atul Dadhich – Assistant Vice President HR and Mr. Sudarsan Pillai, Assistant Vice President, Manufacturing were also present at this launch function, where they highlighted the role of women in shaping the society. They highlighted that in today’s world, girls are excelling in almost every field and creating a brighter future, for themselves.

Beyond academic support, the LAMP program offers a comprehensive approach that nurtures the overall development of the students. The program also offers guidance, counselling, and new-age skills such as digital literacy, adolescent health awareness, and environmental consciousness. This holistic approach equips the students with the necessary tools to thrive in today’s world and evolve as responsible citizens. They get equipped to be the next change-makers in their communities.

Since its inception in 2016, LAMP has successfully supported 978 students, including 700 young girls. This year, the initiative is set to induct 250 new students from locations like Gagret, Baddi, Hosur, Haridwar, and Gurugram, expanding its reach and impact.

About Luminous Power Technologies

Luminous Power Technologies is a powerful and trustworthy brand with a wide range of innovative products in the power backup and residential solar space that covers inverters Batteries & Solar solutions. Luminous has been in business for 35 years now. Recently CRISIL has upgraded its credit rating to AAA+. With 6 manufacturing units, more than 28 sales offices in India, and a presence in over 40 countries, our 6000 employees serve more than 60,000 channel partners and millions of customers. Our motto has always been Customer Delight through Innovation & Passion with a focus on Execution & teamwork.

In 2022, for the first time in history, the private sector launched more tonnage into space than the world’s governments, and SpaceX’s Starlink broadband constellation is the most important reason why.

SpaceX’s broadband satellites had to change trajectory more than 25,000 times between December 2022 and May 2023 to avoid potential collisions, double the number of maneuvers in the previous six months .

Since 2019, the total number of maneuvers has exceeded 50,000 movements.

According to ESA estimates in its latest Space Environment Report, low-Earth orbit will be cluttered with more than 50,000 objects larger than 10 cm by 2100.

“By combining advanced detection capabilities with cutting-edge data analysis techniques, Share My Space enables proactive measures to be launched to protect satellite operations. This valuable information enables satellite operators and space agencies to make informed decisions on avoidance maneuvers and mission planning, while avoiding unnecessary energy-intensive operations” – Alexis Petit, CTO of Share My Space.

Share My Space, a young space company with a vision for Europe and the world.

Share My Space, a young French entreprise pioneering the space security ecosystem, envisions a bold future for the world in space through the use of independent, reliable commercial data for space surveillance. Faced with the growing challenges posed by the increasing number of satellites, rocket launches and the large amount of debris in orbit, the need for independent, reliable data is fundamental. Share My Space’s orbital information techniques, powered by state-of-the-art sensors, enable accurate and efficient tracking, monitoring and protection of space assets.

Founded in 2017, Share My Space has been selected by the France 2030 investment plan in the space sector. The company’s patented technologies include the MTOS, a multi-telescope observation station. Share My Space has two MTOS stations in France and one in Morocco, with a future target of six operational MTOS stations.

By actively monitoring space debris and collision risks, Share My Space helps satellite operators and space agencies to manage threats and adjust orbital trajectories. Protecting space assets not only ensures the provision of essential services, but also avoids disruptions that can have serious economic and societal consequences. Share My Space’s commitment to safeguarding space assets plays an essential role in ensuring a prosperous and secure future for Europe, with increased strategic autonomy.

Romain Lucken, co-founder and CEO of Share My Space, regularly refers to the political will to regulate Space: “There is public awareness and support for regulating Space, and regulations are being discussed and monitored internationally – Share My Space has become one of the promoters of this regulation for better management of space traffic in Europe and worldwide. We make this possible by observing and analyzing data, so that regulators can finally understand what’s going on up there. This service enables satellite operators to resolve anomalies and anticipate collisions”.

The process for meeting this challenge has already been identified. First, detection services identify objects of concern so that they can be tracked. Next, satellite and launch vehicle operators use this data to protect existing assets and limit pollution. Finally, in-orbit service providers reduce existing risks and remove the most problematic objects. Share My Space actively participates in the first two aspects of this action, thanks to its proprietary sensors and orbital information system. Share My Space also supports active debris removal services. Share My Space’s mission is to protect space assets and guarantee the viability of space operations.

Share My Space multi-telescope observation stations are a modular optical system that enables the detection, tracking and characterization of all space objects in view, in all orbits. Thanks to powerful on-board processing algorithms, it constantly scans the sky.

How does it work?

Our system consists of 4 passive telescopes, located at the same observation site, rotating synchronously. Their rotation speed is coordinated with the transit time of objects in the field of view to ensure that all space objects are detected, even at low altitudes of up to 300 km.Each telescope has its own remote-controlled mount, meaning that all 4 telescopes can also be controlled independently to further track and characterize specific objects.

Monitoring patterns can be modified throughout the night to capture objects in the most efficient way. Precise preliminary orbits are obtained using just a few images captured within seconds of each other. We exploit this data to obtain precise orbit estimates and detect maneuvers.

Our multi-source system catalog provides daily orbital data on a range of space objects, including measurements, preliminary orbits, adjusted orbits and potential orbital maneuver detection. Our catalog also includes information such as the visible magnitude and rotation speed of certain objects. As the number of stations and the size of telescopes increase, so does the size of our catalog.

ESA and the “zero debris” approach.

The “zero debris” approach was proposed to the ESA Council at ministerial level in 2022, and received strong support from member states. This new objective is a key element in the successful implementation of ESA’s Agenda 2025 and the new PROTECT gas pedal. The “zero debris” approach reinforces ESA’s efforts within the framework of the space security program and the associated “Clean Space” initiative.

The “zero debris” approach describes a series of actions and initiatives designed to help ESA take a strategic and proactive approach to safeguarding our space environment for future generations.

Zero debris: the need to meet stricter and more ambitious requirements for space debris reduction.

The world-leading “zero debris” approach will not only protect satellite operations and the safety of human life on Earth, but also ensure that all nations enjoy the benefits of space activities for many years to come.

In practice, this means cleaning up and keeping clean our precious space environment, and reducing the impact of our activities on the environment. The Agency is now inviting all European space professionals to discuss the latest developments, best practices and trends in the fields of eco-design of space activities, end-of-life management of space missions and in-orbit servicing, including the disposal of active debris.

Clean Space Industry Days (CSID) 2023 is a must-attend event for all space professionals and enthusiasts working on the design and realization of sustainable space missions! This year’s event will take place from October 16 to 20 at the European Space Research and Technology Centre (ESTEC) in Noordwijk, the Netherlands.

Hyderabad: July 20th, 2023: Brewsters Bar & Kitchen Garden, the highly anticipated Hyderabad’s largest Roof Top Bar and Restaurant, is thrilled to announce its grand opening in the heart of Financial District, Near US Consulate Hyderabad. Spread across a sprawling 20000 sq feet with two floors of dine-in and bar experience boasting a remarkable 500-seat capacity and the city’s most eye-catching rooftop seating area along with Live Band performances, Brewsters guarantee an amazing experience for all of its patrons, including fans of international food.

Brewsters provide two extremely different tones and traits. The ground floor showcases a bustling cantina with an ever-growing menu consisting of an evolving regional and global meal experience. The rooftop kitchen garden transports you into a world of sunny skies, white-washed walls of beauty and magic with sapphire-toned doors and lush greenery all around. Cabana-style seating for those magical sundowners.

Speaking at the Launch the promoters of Brewsters Bar & Kitchen said, “We are thrilled to introduce Brewsters Bar and Kitchen Garden to the dynamic Financial District of Hyderabad, The visionary behind the establishment. Our goal is to create a dining destination that offers the perfect blend of a lively bar experience and a tranquil outdoor setting. Whether you’re looking for a vibrant night out with friends or a peaceful dining experience with your loved ones under the stars, Brewsters has something to offer everyone.” Brewsters is more than a place to enjoy great Cocktails, Mocktails, and delicious food—it’s a destination where people can come together and create lasting memories.

Mr. Roopesh Sagar, Director – Business Operations further added that to enhance the experience of the guests Brewsters will soon start its own Brewery that promises to be a game changer for beer enthusiasts and connoisseurs alike, as it brings an unparalleled brewing experience to the heart of Hyderabad city. “We believe that great beer starts with the finest ingredients. Our team of passionate brewers combine traditional brewing techniques with groundbreaking experimentation, pushing the boundaries of flavor profiles and craftsmanship. The brewery will feature a diverse lineup of handcrafted beers, from classic styles to bold, avant-garde creations that will tantalize even the most discerning palates”, Roopesh said.

Our team of renowned chefs have created a global as well as regional favorites food offering that complements the busy bar at Brewster’s with an extensive focus on Asian, Western, and genuine regional delicacies. They placed a strong emphasis on culinary innovation, exceptional flavors, and the use of premium ingredients. The menu features redesigned versions of classic dishes including Malabari Kathal Cutlet, Beer Braised Chicken Taco, Dak Bulgogi, Gongura Fish Tikka, Jack Daniel’s Chicken Wings, and more that are responsibly and locally sourced to maintain freshness and flavor. “With Hyderabad’s sophisticated palate, we are thrilled to introduce a melee of authentic yet playful dishes that mirror the best of what the world’s cuisine has to offer with a variety of home dips and recipes at Brewsters Bar,” the Head Chef, Naveen Singh said.

Adding more to it Mr. Sairam Goud and Mr. Chaitanya Adhikary Mixologists Brewsters said, “Our striking bar serves Craft Beers and an array of heady cocktails such as beer cocktails, margaritas, a large collection of spirits, and freshly prepared non-alcoholic beverages. With a special emphasis on handcrafted cocktails that are designed for every mood and palate, may it be fruity or floral, spicy or sparkling. Choose from an array of signature cocktails such as the Hidden Gem, Cinnamon smoked bourbon cocktail – Up in Smoke, The Double Whammy, Gentle Punch, Pickle Tickle, Tamarindo, and more.

New Delhi, 20th July 2023: Lakshmikumaran and Sridharan (LKS) acted as legal advisors to ETS and another co-investor on the Series C funding round for Leverage Edu. The round was led by ETS, a renowned US-based entity, along with prominent investors Blume Ventures, DSG Consumer Partners, and Kaizen. LKS provided comprehensive transaction support including advising on structuring, legal due diligence, negotiations, finalization of transaction documents, and closing-related assistance.

Leverage Edu is a technology company operating an overseas-focused higher education counseling platform.

The LKS team, led by Mr. Kunal Arora (Partner) and comprising of Mr. Anupam Misra (Associate Partner), Ms. Dikshita Damodaran (Senior Associate), Ms. Anjali Menghani (Senior Associate), Mr. Archit Gupta (Senior Associate), Mr. Kumar Mangalam (Associate), and Mr. Ashutosh Sharma (Associate), played a crucial role in facilitating the transaction.

Mumbai, 20th July 2023: Quess Corp, India’s leading business service provider today published the ‘New Collar Generation Report’ which uncovers the aspirations of India’s informal economy post-pandemic. The report reveals that a majority of workers in India are still without any social security coverage, and their aspirations to move into an inclusive, secure lifestyle are taking shape.

As per the report, ‘New Collar’ defines a generation of workers whose priorities and aspirations are converging with those of formal employees, and who value security and benefits over their daily wages. This is an evolution of the term coined in 2016 by Ginni Rometty, Former Chairman and CEO of IBM.

Commenting on the report, Lohit Bhatia, President of Workforce Management, Quess Corp said, “The findings of our study offer a clear direction to policymakers on the desires of the informal workforce. With high aspirations regarding skilling, social security, and healthcare benefits, India’s informal economy is as aspirational to benefit from EPFO, ESIC, and other social security benefits as their formal counterparts. Our current laws enable coverage of such social security benefits only for organizations that have above 10 or 20 employees. This leaves behind a huge class of citizens that are not benefitted by these laws.”

He further added, “Recent efforts by several states to implement social security programs, such as life insurance and healthcare coverage, for gig workers in the informal economy are commendable steps in the right direction. However, it is crucial to recognize that there is still a long way to go and we must all continue to make efforts to create an inclusive and secure environment for all Indian workers.”

Findings from the report indicate that informal employees are prioritizing factors such as prestige and career potential over wages today. Moreover, 97% of those informally employed agree that they have a better chance of improving their lifestyle and that of their families with a formal job as opposed to one without a contract.

Convergence between expectations of India’s informal and formal Workforce

According to the survey, 80% of the informal employees expect their employers to provide them with the security of ESI and other medical benefits; the expectation of ESI is even higher for the younger, informal employees (83% – 18 to 25 years and 81% – 26 to 35 years). Furthermore, 79% of respondents claim they would compromise on 20% or more of their salary if it provided security and benefits equivalent to their formal counterparts (78%), indicating that the New-Collar Generation’s priorities and aspirations are converging with those of formal employees and that they value security and benefits over their daily wages.

Impact of tech on job discovery for the informal

Technology has played an important role in educating workers about the benefits of formal employment, with the survey revealing that 84% of the informal respondents agree that technology has helped create more awareness about the advantages of formal employment. As digital natives, informal employees aged between 18 to 35 have more confidence in the awareness technology has brought than their older counterparts. Interestingly, it was found that 70% of respondents employed informally have leveraged tech portals such as job hunting portals, online news portals, and company websites to search for information about job security and benefits any prospective employer offers.

The aspiration to transition from informal employment to the formal sector is higher for women

While both genders are looking beyond wage rates when assessing professional opportunities, the priorities of women working in the informal sector are skewed towards health and security, while for men, it’s more inclined toward career building. The report found that 63% of women claim that they would be ‘very likely’ to compromise on a higher salary in lieu of health benefits and a formal agreement, compared to only 28% of men. Furthermore, 38% of women (and 29% of men) believe that the Covid-19 pandemic has highlighted the importance of job security. The study also found that men are more focused on career building, prestige, and are more cognizant of the value of professional networking, while women believe education holds the key to securing a formal job.

Methodology

The report is based on interviews with 4,179 respondents of all ages across 7 metros: Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune, and 7 non-metros: Ahmedabad, Baroda, Coimbatore, Indore, Lucknow, Ludhiana, Nashik conducted between September 2022 and January 2023. All the findings from the survey are supported by the latest secondary research across the country.

Gourmet holds a great significance during festivals, symbolizing joy, togetherness, and celebration. A delectable box of gourmet brings sweetness to life’s special moments, enriching traditions and leaving lasting memories with their relishing flavors. Festive season is around the corner, and a box of sweets is the first thing that comes to our mind while choosing a gift for a near and dear ones. Also, traditional sweet makers deck up their kitchen to create a wide range of mouth-watering sweets and snacks during festivity. But, how safe and healthy are these traditional sweets and snacks concerning health-related life quality of life? A mindful selection of gourmet gifting will save your day here. Savour the moments of gifting through a healthy savoury range of gourmet food from the house of Izzhaar.

Izzhaar – Connoisseur and Curator of Quality Gourmet

Izzhaar comes with a great range of succulent sweets and crunchy snacks offering many options for healthy snacking and gourmet giftings. We source a large range of snacks and sweets from across the country to offer our clients an array of tantalizing savoury range of gourmet ensuring healthy munching. Experience the epitome of culinary excellence with our meticulously crafted gourmet savoury delights, and make it an ideal gifting option. The handcrafted gourmet range at Izzhaar, is skillfully acquired by our connoisseurs who have a passion for perfection and a dedication to delivering the finest flavors.

We Curate Regional Delicacies at Izzhaar

Regional delicacy highlights the uniqueness and significance of the dish within a specific geographical area or community. Enjoying a local specialty allows gourmet lovers to experience the authentic taste and essence of a specific place, showcasing its culinary heritage and pride.

We believe that indulgence can coexist with health, and our thoughtfully curated range of delectable treats reflects this idea. Our Diwali Gourmet selection offers a delightful array of guilt-free options from different regions that are designed to satisfy both your taste buds and your well-being. From nutrient-rich dry fruit and nut mixes to wholesome whole-grain snacks, each item is carefully crafted to provide a healthier alternative without compromising on taste.

Putting Your Health First

We ensure our gourmet range is filled with natural and wholesome ingredients, avoiding artificial additives and excessive sugar or oil. Our curations have carefully developed recipes that infuse traditional flavors with modern health-conscious techniques, ensuring a harmonious balance of taste and nutrition. With our healthy gourmet collection, you can embrace the joy of celebration without compromising your health goals. Share these nourishing treats with your loved ones, knowing that you are spreading happiness and well-being.

A Healthy Gift to Offer

Gifting can be a wonderful way to express appreciation, celebrate special occasions, or simply show someone you care. When it comes to gifting, a healthy and savory range of gourmet items can be a great choice. Not only does it offer a unique and delicious experience, but it also promotes well-being and can be enjoyed by people with different dietary preferences. At Izzhaar, we offer you some unique ideas for a healthy savory gourmet range that you can consider for gifting: This festive season, celebrate with our healthier gourmet options and let the festivities be a vibrant blend of flavor, tradition, and good health. Experience the magic of gifting while staying on track with your wellness journey.

Gourmet Nuts and Seeds

Let us help you create a custom mix of roasted and seasoned nuts and seeds. Include options like almonds, cashews, pumpkin seeds, and sunflower seeds. You can also choose from our range of spiced nuts with an extra kick of flavor. You can get them packaged in an elegant box A or jar for a thoughtful gift.

A gift of wholesome cookies

Indulge in guilt-free luxury with our range of healthy cookies. Made with wholesome ingredients like almonds, hazelnuts, and other healthy ingredients with natural sweeteners, the delectable treats offer a satisfyingly sweet experience without compromising on nutrition. Each cookie is carefully crafted to perfection, with flavors ranging from rich dark chocolate to zesty oranges. Packed with antioxidants, fiber, and essential nutrients, these luxurious cookies are a delightful way to gift your friends and family. Whether you’re following a gluten-free, vegan, or low-sugar diet, our collection of healthy luxury cookies caters to all, ensuring everyone can savor the pleasure of guilt-free indulgence.

Bespoke Gourmet for Healthy Gifting

Our bespoke gourmet selection offers a delightful array of guilt-free options that are designed to satisfy both your taste buds and your well-being. From nutrient-rich dry fruit and nut mixes to wholesome whole-grain snacks, each item is carefully crafted to provide a healthier alternative without compromising on taste.

We ensure our gourmet range is filled with natural and wholesome ingredients, avoiding any artificial additives and excessive sugar or oil. Our connoisseurs and curators carefully source premium quality gourmet with traditional flavors infused with modern health-conscious techniques, ensuring a harmonious balance of taste and nutrition.

With our healthy range of gourmet collections, you can embrace the joy of festivity without compromising your health goals. Share these nourishing treats with your loved ones and spread happiness and well-being.

This Diwali, celebrate with our healthier gourmet options and let the festivities be a vibrant blend of flavor, tradition, and good health. Experience the magic of Diwali while staying on track with your wellness journey.

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Bengaluru, 20th July, 2023: NMIMS Bengaluru School of Law, one of the leading law schools in the region, recently conducted its orientation program for the incoming batch of students joining the BA LLB and BBA LLB programs. The orientation program aimed to familiarize the students with the institution, its values, and the academic curriculum, setting the stage for their successful journey ahead.

In the current academic year, both the BBA LLB and BA LLB programs have shown a higher enrollment of female students compared to male students. In the academic year 2022-23, the BBA LLB program had a total of 37 students, with 10 male and 27 female students. Similarly, the BA LLB program had a total of 53 students, with 22 male and 31 female students. Moving on to the academic year 2023-24, the BA LLB program enrolled 50 students, including 14 male and 36 female students. The BBA LLB program for the same year had a total of 55 students, with 21 male and 34 female students. The numbers indicate a positive trend towards gender diversity and inclusivity in the field of law and business administration. It is encouraging to see a balanced representation of genders, which contributes to a more diverse and enriching educational environment.

The orientation programs included informative sessions on various subjects, delivered by experienced faculty members, with a focus on fostering a comprehensive understanding of the curriculum. The week-long schedule encompassed topics such as economics, history, political science, law of torts, sociology, legal methods, general English, finance, marketing, management, business environment, and philosophy. The sessions also included briefings on placement, moot court society, anti-ragging, sexual harassment, library rules and regulations, and examination guidelines. The counseling team and psychologist provided valuable insights and support to the students.

The Chief Guest at the special event was Mr. Spandan Saxena. Armed with impressive work experience and expertise in the legal field, he has made invaluable contributions in the areas of venture capital, investment transactions and legal due diligence. Sharing his insights and experiences with the students, he said, “I am honored to be a part of NMIMS Bengaluru’s School of Law orientation program. It is a pleasure to share my experiences and insights with the talented students who are embarking on their legal careers. I believe that this platform will provide them with valuable guidance and inspiration as they navigate the dynamic legal landscape. I commend NMIMS Bengaluru for fostering a holistic learning environment and preparing students to excel in the legal profession. I look forward to engaging with the bright minds and witnessing their growth and success.”

Commenting on the occasion, Dr. Narayani Ramachandran, Deputy Director of NMIMS Bengaluru, stated, “We are thrilled to welcome our new batch of students to NMIMS Bengaluru School of Law. Our orientation program aims to provide them with a solid foundation and a holistic understanding of the legal profession. We believe in empowering our students with the knowledge, skills, and values necessary to excel in the legal field and contribute meaningfully to society. We look forward to their growth and success during their journey with us.”

•  Gross Direct Premium Income (GDPI) of the Company stood at ₹ 63.87 billion in Q1 FY2024 compared to ₹ 53.70 billion in Q1 FY2023, a growth of 18.9%, which was higher than the industry growth of 17.9%.Excluding crop, GDPI growth of the Company was at 19.2%, which was higher than the industry growth of 17.4% in Q1 FY2024.
•  Combined ratio stood at 103.8% for Q1 FY2024 compared to 104.1% forQ1 FY2023.
  Excluding the impact of cyclone of ₹ 0.35 billion, the combined ratio was 102.9% for Q1 FY2024.
•  Profit before tax (PBT) grew by11.8% to₹5.20billion in Q1FY2024as against₹4.65billion inQ1 FY2023.
•  Capital gains was at ₹1.23 billion in Q1 FY2024as against₹0.32 billion in Q1 FY2023.
•  Consequently, Profit after tax (PAT) grew by 11.8%to₹3.90billion in Q1 FY2024as against₹3.49 billion inQ1 FY2023.
•  Return on Average Equity (ROAE) was 14.7% inQ1 FY2024as against15.0% inQ1 FY2023.
•  Solvency ratio was 2.53xas at June30, 2023as against 2.51x as at March31, 2023which was higher than the minimum regulatory requirement of 1.50x.

Operating Performance Review       

                                 (₹ billion)

* PAT includes reversal of tax provision of ₹ 1.28 billion in Q22023

Ratios

Commenting on the Q1 FY2024 performance Bhargav Dasgupta – MD & CEO, ICICI Lombard, said, “Our strong performance in Q1 reflects our unwavering commitment to delivering value to our stakeholders. Despite challenging market conditions, we have managed to achieve robust growth and maintain profitability. This is a testament to the resilience of our business model, the dedication of our team, and the trust placed in us by our customers”