Archives February 2024

Mumbai, 1 February 2024

ICICI Direct has unveiled their latest campaign, Live The AND Life, in collaboration with Vector Brand Solutions, a part of Quotient Ventures.

Positioning itself as a one-stop solution for all financial goals, ICICI Direct’s campaign advocates the ‘AND’ lifestyle, encouraging users to pursue multiple aspirations simultaneously, without having to choose between them. The campaign emphasizes inclusivity and balance in one’s financial objectives.

Speaking about the campaign, Mr. Vijay Chandok, Managing Director, ICICI Securities shared, “The campaign is about empowering our customers to ‘Live the AND Life’, which in essence means achieving financial freedom through research-based investing and helping them meet their life goals and dreams. The values that underpin this effort are trust, innovation, expertise and progressiveness. ICICI Direct offers wide range of product and services in Equity, Mutual Funds, Fixed Income and financing options.”

T Gangadhar, Group CEO of Quotient Ventures, added, “We are delighted to announce our debut campaign for ICICI Direct. The ‘Live the AND Life’ campaign marks a strategic shift for the brand, presenting it as a trusted partner for individuals seeking a holistic approach to their financial journey, and promoting a lifestyle that aligns with diverse ambitions”.

Hyderabad, 01st February, 2024: Buckle up, because TECNO, the global smartphone brand, is taking users on a thrilling ride of innovation in 2024. After kicking off the year with the onboarding of Bollywood superstar Deepika Padukone as the brand ambassador and launching the amazingly entertaining POP 8, they’re ready to dazzle the smartphone scene again with the all-new SPARK 20. Mark the calendars – it hits shelves on February 2^nd at the nearest retail stores and on Amazon!

This made-in-India smartphone is an ultimate all-rounder for those who want it all. Imagine this: massive storage, camera magic that captures every epic moment, and a design that turns heads, all packed into one device at an unbelievably good price. Introducing the SPARK 20 at a special limited-time introductory.

The SPARK 20 boasts a segment-first, jaw-dropping 256GB ROM, giving the space for all precious memories. Furthermore, with the groundbreaking 32MP selfie camera – get ready to create Insta-worthy moments that shine. The mighty octa-core processor fuels this powerhouse so that users can multitask like a pro, lag-free. Moreover, the SPARK 20 comes with a trusty 5000mAh battery to keep users powered up all day long.

There is more to love! The SPARK 20 also boasts DTS Dual Stereo Speakers that produce up to 400% louder sound than other smartphones in the segment. And the entertainment doesn’t end here! The SPARK 20 includes a complimentary OTT Play premium subscription valued at ₹5604, giving users access to 23 must-watch OTT platforms right at their fingertips, making it the ultimate value for money.

Here’s a closer look at why the SPARK 20 is an all-rounder champion:

Segment-Biggest Massive Storage: SPARK 20 has a segment-first massive 256GB storage paired with a cool 8GB+8GB RAM combo, ensuring smooth multitasking and minimizing lag. So now users don’t need to worry before capturing endless photos, videos, and more!

Segment-First 32MP Front Camera: Life’s moments deserve top-notch detail. Enter the SPARK 20’s segment-first 32MP front camera and a whopping 50MP rear camera. Snap ultra-clear selfies and stunning adventure shots. Delivering low-light clarity, this phone shines everywhere.

Style Icon: Design is in TECNO’s DNA, and the SPARK 20 takes it to the next level. This smartphone oozes style and sophistication just like TECNO’s powerhouse brand ambassador Deepika Padukone.

Get ready to embrace the future of smartphones with the all-rounder SPARK 20 – where innovation meets style, performance, and entertainment, all in one device! Head to the nearest retail store on February 2^nd!

February 01st  2024: Fino Payments Bank Limited (‘Fino’ or ‘Bank’) released its results for the quarter ended December 2023 (Q3’24 & 9M’24). The Bank’s focus on digital and enhanced customer engagement paved the way for strong financial growth during this period. As each quarter unfolds, the company steadily strengthens its sustainability and is strategically poised to seize emerging growth opportunities.

Financial Highlights for 9M’24

• 9M’24 revenue increased 19% YoY to ₹ 1,077.1 crs.
• EBITDA expanded by 47% YoY to ₹ 137.2 crs and PAT grew by 42% YoY to ₹ 61.0 crs.
• PAT margins in 9M’24 at 5.7% up from 4.7% in 9M’23.
• Throughput increased by 37% and digital impetus leads to digital contributing 35%.

Financial Highlights for Q3’24

• Throughput increased by 42% and digital throughput increased 184% YoY.
• In Q3’24, revenue increased 18% YoY to ₹ 370.2 crs.
• EBITDA and PAT expanded by 30% and 19% YoY to ₹ 50.5 crs and ₹ 22.8 crs, respectively.
• PAT margins increased to 6.2% in Q3’24 from 6.1% in Q3’23.

Throughput and Transaction Highlights for 9M’24 and Q3’24

• Overall throughput value grew by 42% YoY to ₹ 93,323 crs in Q3’24; 9M’24 throughput grew 37% YoY to ₹ 2,55,698 crs.
• Total throughput has surpassed ₹2.5 lakh crs in 9M’24, first time ever across any nine-month period.
• Digital throughput grew 184% YoY to ₹ 38,187 crs in Q3’24 and 169% YoY to ₹ 89,661 crs in 9M’24.
• Digital throughput is 41% of overall throughput in Q3’24, up from 20% in Q3’23.
• ~43 cr UPI transactions in Q3’24; Contributed 1.23% to overall UPI ecosystem volume.

Operational Highlights for 9M’24 and Q3’24

• Distribution network: The number of registered merchants climbed by 30.3% YoY to 16.9+ lakhs, substantially deepening penetration and Fino’s distribution reach.

• Customer ownership: 23 lakh+ bank accounts were opened during 9M’24, up 8% YoY laying the groundwork for a significant cross and up-selling opportunity. Total number of CASA accounts ending 9M’24 stood at 101.3 lakhs.
• Product Mix substantially improved in favour of High Margin Products: Revenue from CASA and CMS is 30% of total revenue in Q3’24 (26% in Q3’23).Our annuity business experienced exponential growth as a result of CASA renewal income which grew 68% YoY in Q3’24 to ₹ 31.4 crs and 85% YoY in 9M’24 to 87.9 crs.
• Average deposits grew 42% YoY from ₹ 955 crs in Q3’23 to ₹ 1,358 crs in Q3’24.
• CMS transaction value increased 30% YoY to ₹17,272 crs in Q3’24 and 45% YoY to
  ₹47,625 crs in 9M’24, riding on increased client base, which stands at 200 as on December 31, 2023.

Rishi Gupta, CEO & Managing Director said, “Q3 FY24 has been an exceptional quarter with sustained profitability. Our diligent efforts in executing the TAM strategy resulted in significant customer base expansion, crossing the 1 crore CASA customer mark. Furthermore, in line with our future growth plans, I am delighted to announce that we have applied for a Small Finance Bank license and our strategy is to continue being a differentiated Bank leveraging our network and digital capabilities. We are confident that our strategic investments in human capital, network expansion, technology and digital initiatives will keep us in good stead as we prepare for transition. Importantly, we will be ahead of the curve in our zeal to further evolve new initiatives on payments and liability products in the mid-term and a strategic sustainable model of asset light bank in the long run”.

Ketan Merchant, Chief Financial Officer said, “This quarter’s performance validates our successful progression through the acquisition phase, solidifying the foundation for the upcoming monetization phase. Our strategic focus on digital excellence, particularly through UPI, has substantially strengthened our online presence and continues to expand our customer base. Notably, our digital throughput now constitutes 41% of our total throughput. Progress in digital also brings along improvement in our PAT margins that had increased by 100 bps in this fiscal’s nine month period. Looking ahead, we remain steadfast in our commitment to delivering value to our stakeholders and sustaining this positive and profitable trajectory”.

Hyderabad, 01st February 2024: DASOS Cabinets, the latest venture by the Mahi Group, a renowned Manufacturer & exporter of Granites and Quartz Surfaces, launches its Home Interiors service in Hyderabad. DASOS Cabinets is set to redefine standards in design, functionality, and craftsmanship, offering a seamless blend of aesthetics and practicality for contemporary living spaces. The company has also set up a state-of-the-art experience centre its Corporate office in Hyderabad, to help customers understand product superiority and excellence.

DASOS Cabinets will offer comprehensive solutions for all modular and Customised furniture needs for Kitchen and living spaces. The company takes pride in its meticulous process, from design inception to flawless finishing. They have set up a manufacturing unit in Hyderabad at Toopran with an investment of Rs 40 Cr to cater to the growing demands of homeowners in and around Hyderabad. The unit is equipped with state-of-the-art German Technology, Software, Equipment and machinery to provide modular furniture solutions.  Using cutting-edge technology DASOS Cabinets crafts factory-made woodwork that effortlessly merges aesthetics with functionality, heralding a substantial revolution in home furnishing.

Anticipating a robust growth rate of over 20% in the interior industry market from 2024 to 2034, DASOS Cabinets stands at the forefront of this transformative journey, ready to meet evolving Home Owner needs. With an unwavering commitment to elevated standards, DASOS Cabinets aligns seamlessly with the expected growth in the interior design market, positioning the brand as a trailblazer reshaping the landscape of home furnishings.

Speaking on the occasion Naga Chaitanya, Brand Ambassador of DASOS Cabinets said, “I am extremely excited to be part of DASOS Group as a brand ambassador. I had the privilege to understand their business model and visit their amazing facility in Hyderabad during the shoots. The facility is a true reflection of their sound understanding and global exposure in the interiors space. I am particularly impressed with DASOS systematic approach to design, use of state-of-the-art German technology to execute and deliver modular furniture for kitchen and living spaces to customers in a completely transparent and time bound manner. I am sure they will make a significant impact in the interiors space.”

Adding to the this, Manoj Kasyap, Executive Director of DASOS, said, “We have over 3 decades of experience and a global understanding of the interiors space due to our close association with architects and interior designers across the globe as a leading Manufacturer and exporter of Granites and Quartz Surfaces. In India the Custom Built and Modular Furniture Industry category is still largely dominated by unorganized players. DASOS Cabinets is our foray into the home interiors furnishing space to bring a transparent, process driven approach to project design and execution. Our vast experience in this space equips us with a sound understanding of the global best practices and latest technologies to streamline the process. At DASOS Cabinets we would like to give our customers a perfect blend of contemporary aesthetics blended with modern design. We will execute it in our state-of-the-art facility at Toopran Hyderabad, with the highest standard of innovation, excellence and transparency in home interiors. Our commitment to quality and customer satisfaction is reflected in every piece crafted by DASOS. We are confident that DASOS Cabinets will not only meet but exceed the expectations of our valued customers.”

DASOS Cabinets invites customers to explore this revolution in home interiors at its new store at its Corporate office at Madhapur, Hyderabad, where they can experience the perfect blend of design, functionality, and craftsmanship that defines the DASOS Cabinets ethos.

Chennai, February 1, 2024: The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a vertically integrated Defence and Aerospace electronics solutions provider catering to the indigenously developed defence products industry, today approved the limited review financial results for the quarter ended December 31, 2023.

 performance Highlights

INR in Cr.

Q3 (2023 – 2024)

• Total Revenue for Q3 increased by 33% from Rs. 113.66 Cr in quarter ended December 31, 2022 to Rs. 150.81 Cr in quarter ended December 31, 2023 and the revenue from operations increased by 25% in the corresponding period.
• The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBIDTA) increased by 28% from INR 47.04 Cr for the quarter ended December 31, 2022 to INR 60.04 Cr in the corresponding quarter ended December 31, 2023
• Profit Before Tax (PBT) improved by 47% from INR 44.64 Cr in the quarter ended December 31, 2022 to INR 65.72 Cr in the quarter ended December 31, 2023
• Profit After Tax (PAT) also increased by 53% from Rs. 33.32 Cr in the quarter ended December 31, 2022 to Rs. 50.97 Cr in the quarter ended December 31, 2023.

9 Months (2023 – 2024)

• Company’s total Revenue for the 9 months ended December 31, 2023 was Rs. 371.26 Cr, an increase of 36% over the 9 months revenue of Rs. 273.75 Cr in FY 2022-23. Revenue from operations increased by 26% from INR 268.35 Cr to Rs. 337.51 Cr in the corresponding 9 months.
• Operational EBIDTA increased by 31% from INR 98.47 Cr in the 9 months ended December 31, 2022 to INR 128.60 Cr in the corresponding period ended December 31, 2023.
• Profit Before Tax (PBT) improved by 58% to Rs. 146.87 Cr in the 9 months ended December 31, 2023 as compared to INR 92.73 Cr in the corresponding period ended December 31, 2022.
• Profit After Tax (PAT) increased by 61% from Rs. 68.65 Cr in the 9 months ended December 31, 2022 to Rs. 110.59 Cr in the 9 months ended December 31, 2023.

ORDER BOOK

• Orders on hand as on date                         – INR 975.40 Cr
• Negotiation completed & yet to receive order             – INR    64 Cr
• Including orders negotiated converted into orders, the order book will be INR 1009 Cr
• Order book as on April 01, 2023 was Rs. 924.10 Cr

   from the CMD’s Desk

Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “We are pleased to announce another successful quarter in-line with our expectations. Revenue grew by 25% YoY to Rs 1,395 mn. We have consistently maintained robust margins, with Gross Margins at 68% and EBITDA Margins at 43%. This achievement reflects our unwavering dedication to excellence, innovation, and operational efficiency. Looking ahead, we are committed to ongoing investments in product development to seize the broader opportunities presented by the Government of India’s Defense program.”

Komaki, a leading name in India’s electric two-wheeler industry, announces the launch of its revolutionary e-loader, XGT CAT 3.0. This innovative addition to Komaki’s product line sets new standards for e-loading, combining cutting-edge technology with unmatched safety and comfort for the rider.

The Komaki XGT CAT 3.0 redefines the concept of commercial two-wheeled loaders. The user-friendly design ensures safe and easy drives for differently abled people as well. This e-loader is designed to address safety concerns and prioritize rider comfort, making it an ideal choice for various applications.

The e-loader boasts a robust iron body, ensuring durability and stability even under challenging conditions. The comfortable seat, wide foot space, and impressive loading capacity of up to 500 kg make it an advanced substitute for traditional two-wheeled loaders for various commercial and industrial needs.

Equipped with a 12-inch three-wheel configuration, the CAT 3.0 ensures stability and manoeuvrability. The triple-disc system with special brake levers enhances braking performance, offering unprecedented control for the rider. Additionally, the vehicle incorporates a fire-resistant graphene battery, underlining Komaki’s commitment to safety and reliability.

Besides, this new e-loader is equipped with KOMAKI’S İQ System (intelligent dash), elevating the user experience to new heights. This intelligent system integrates with the vehicle, providing real-time riding information through a colourful smart dash. Riders can now stay informed about their vehicle’s performance, enhancing efficiency and overall safety on the road.

Gunjan Malhotra, Director of Komaki Electric Division, expressed her excitement about the launch, stating, “The Komaki XGT CAT 3.0 represents a significant leap forward in the e-loading segment. We have meticulously designed this vehicle to meet the evolving needs of our customers, focusing on safety, comfort, and performance. Moreover, the inclusion of KOMAKI’S İQ System further reinforces our commitment to providing intelligent solutions for a sustainable future.”

XGT CAT 3.0 is a solution for businesses and individuals looking for efficient, sustainable, and cost-effective transportation. With its easy-to-load design, fast performance, and reliable supply capabilities, it is set to become the go-to choice for various e-loading applications.

Mumbai, February 01, 2024: Mphasis (BSE: 526299; NSE: MPHASIS), an information technology (IT) solutions provider specializing in cloud and cognitive services, has received the 2023 ISG Star of Excellence^TM Award in the “Emerging Tech” segment for “Artificial Intelligence (AI). The award recognizes Mphasis for consistently upholding the highest standards of customer service excellence throughout the past year, as reflected in the feedback provided by enterprise customers.

As per the report, Mphasis was recognized for its dedication to client-centricity and service excellence following a recent success story with a leading U.S.-based home healthcare equipment and services provider. Faced with intricate technology challenges, the client sought Mphasis’ expertise, resulting in an astounding 49.5% reduction in manual issue remediation through the implementation of an automation and AIOps platform and collaborative approach. This success highlighted Mphasis’ ability to address complex challenges in the U.S. healthcare technology landscape, showcasing innovation and client satisfaction.

Mphasis’ solution approach involved integrating operations, bringing in automation, introducing analytics-led proactive management, enhancing end-user experience, and providing a holistic business services view. It leveraged its InfraGenie^TM platform, built on ServiceNow for automation-led service management.

Mphasis excelled in security threat monitoring, earning the highest CX score of 87.3 for AI-technology services in 2023, surpassing the 77.6 average. Mphasis.ai consolidates AI initiatives comprehensively, backed by Next Labs and AI Engineering Squads pioneering innovative solutions. Categorized into archetypes, Mphasis maintains its forefront position in diverse AI service offerings. Recognized with the highest enterprise CX score in 2023 from clients, Mphasis continues to lead in managed services leveraging AI technology, as highlighted in the ISG Star of Excellence^TM 2023 Voice of Customer survey, based on feedback from 33 client responses.

“We are honored to receive the 2023 ISG Star of Excellence™ Award. This award stands as a testament to our dedication in delivering exceptional client experience. It not only highlights our commitment to innovation and client-centric solutions but also reaffirms our position as a global technology leader. Our focus remains on delivering outstanding value and service to clients worldwide, reinforcing our commitment to excellence in every aspect of our operations,” said Srikumar Ramanathan, Chief Solutions Officer, Mphasis. 

“Mphasis received the highest CX scores in the ISG Star of ExcellenceTM program in 2023 for AI technology services. Clients have rated Mphasis very highly for defining handoffs and milestones with its clients. Mphasis also received a high CX score for its ability to demonstrate new methods or techniques,” said Heiko Henkes, Program Director, ISG Star of Excellence^TM

Mphasis’ success story aligns with ISG Star of Excellence^TM 2023 findings, receiving the highest enterprise CX score for managed services leveraging AI technology. Collaboration and transparency emerged as critical pillars, with Mphasis demonstrating exceptional performance in both areas. The healthcare industry, often rating providers lowest for collaboration, witnessed a paradigm shift with Mphasis’ proactive and collaborative approach.

Bengaluru, India – 1 Feb 2024 – SAMCO Asset Management Private Limited, a leading investment management firm, is delighted to announce the reopening of India’s first actively managed momentum fund – SAMCO Active Momentum Fund. Following its initial launch and in light of the scheme’s proven performance and exceptional response from investors, SAMCO has decided to reopen the fund, providing investors with another opportunity to participate in this highly sought-after investment opportunity.

The SAMCO Active Momentum Fund is built upon the powerful investment strategy, aiming to deliver superior returns for investors by meticulously selecting stocks with momentum characteristics. The fund employs a proprietary momentum-seeking algorithm that identifies breakouts, price leadership, and other crucial momentum indicators.

The fund’s approach is rooted in the belief that by actively leveraging momentum characteristics, such as breakouts and price leadership, it can outperform the market and provide investors with an opportunity to capitalize on prevailing price trends.

Umeshkumar Mehta, Chief Investment Officer (CIO), SAMCO Asset Management Private Limited, said, ” Markets have entered a phase of slower momentum and increased volatility in the wake of upcoming local and global events. We want to use this opportunity to raise gunpowder (i.e. cash) so that when markets begin to accelerate, we are positioned to deploy efficiently to create superior wealth for our investors.”

Mr. Paras Matalia, Co-Fund Manager, SAMCO Asset Management Private Limited, said, “We are excited to reopen SAMCO Active Momentum Fund, providing investors with another opportunity to benefit from momentum investing. By reopening the fund for subscription, we aim to offer investors the chance to position their portfolios strategically and potentially achieve superior risk-adjusted returns.”

Commenting on the reopening, Viraj Gandhi, CEO, SAMCO Asset Management Private Limited, expressed, ” We strongly believe that momentum strategies should be a part of core portfolio allocations of investors seeking wealth creation. In India, active style of momentum investing continues to hold significant potential and offers tremendous advantages. We are pleased to offer investors another chance to participate in this strategy. “

The reopening of SAMCO Active Momentum Fund provides investors with the opportunity to subscribe again and position their portfolios to benefit from the Momentum factor.

Bengaluru, February 1, 2024: Pfizer and Glenmark Pharmaceuticals Ltd. (Glenmark) have joined hands to launch abrocitinib, a first-of-its-kind oral advanced systemic treatment for moderate-to-severe atopic dermatitis (AD), in India. Developed by Pfizer, abrocitinib has received marketing authorization from the Central Drugs Standard Control Organization (CDSCO) in India and is approved by the U.S. Food and Drug Administration (FDA), European Medicines Agency (EMA), and other regulatory agencies.

When launched in India, it will be co-marketed under the brand names JABRYUS® and CIBINQO® by Glenmark and Pfizer respectively. This collaboration combines the expertise of the companies to offer a groundbreaking treatment for moderate-to-severe AD, with improved efficacy and oral convenience to patients. Abrocitinib (CIBINQO) is available in over 35 markets globally, including the U.S., Japan, and China.

Atopic dermatitis is a chronic skin disease characterized by inflammation of the skin and skin barrier defects 1,2. The persistent itching associated with moderate-to-severe AD disrupts daily life, impacting social interactions, work productivity, and overall well-being. Abrocitinib, a Janus kinase 1 (JAK1) inhibitor, provides rapid itch relief, sustained disease control, and a vastly improved quality of life for patients3.

Meenakshi Nevatia, Country President and Managing Director of Pfizer India stated, “We believe in abrocitinib’s transformative potential. Its approval is a milestone in bringing high-quality treatment for moderate-to-severe atopic dermatitis in India, enabling patients to manage symptoms more effectively. Our collaboration with Glenmark will help leverage the collective strengths and capabilities of our organizations to make this breakthrough therapy available to patients and physicians across our country.”

Alok Malik, President and Business Head ‐ India Formulations, Glenmark Pharmaceuticals Ltd. said, “We are excited to collaborate with Pfizer India for the launch of abrocitinib in the country. The prevalence of atopic dermatitis in India has been reported to be increasing owing to changes in environmental factors with symptoms appearing during the initial years of life in around 80% of patients4. Being a leader in the dermatology therapy in India, this partnership will help us ensure availability of this effective treatment for the Indian patients suffering from moderate-to-severe AD; and further strengthen our position in the dermatology therapy space.”

Prevalence of AD in India

The prevalence of AD has been on the rise over the past three decades with an estimated prevalence of AD of about 10-20% in developed countries3. Approximately 5.9%5 of adults in India are affected by AD, of which 4.4%6 suffer from a severe form of this disease. The symptoms of AD like itching and lack of sleep, lay a significant burden on the patients and their caretakers, affecting multiple aspects including their quality of life and mental health3.

Mumbai, 01st February, 2024: IIM Sambalpur, one of India’s premier management institutions, signed an MoU with NSE Academy Limited, a wholly-owned subsidiary of the National Stock Exchange (NSE), to offer joint certification programs, tailored for working professionals. This collaboration is strategically designed to introduce specialized certification courses addressing the dynamic needs of the Financial and Technology Sectors. During the MoU Signing Ceremony convened at the campus of IIM Sambalpur, Prof. Mahadeo Jaiswal, Director, IIM Sambalpur and Abhilash Misra, Chief Executive Officer, NSE Academy Limited signed the pact. 

It is to be noted that as part of the MoU, IIM Sambalpur will launch programmes including the first MBA in Financial Technologies (Fintech) and a Post Graduate Program in Management at the Sambalpur and Delhi ISID campuses. These programs will be facilitated jointly by distinguished faculty members and industry experts from IIM Sambalpur and NSE Academy.  This will provide participants with a comprehensive understanding of the intricacies of the financial and technology domains.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, highlighted the institute’s unique approach with reference to the collaboration with industry, academia and societal, said, “The collaboration with NSE Academy Limited aligns with IIM Sambalpur‘s ethos of fostering industry-relevant education and expanding global outreach.” Prof. Jaiswal added, “The institute’s expansion includes three distinct campuses, featuring a corporate office at Sambalpur and campus at the ISID complex in New Delhi, where MBA working professional programs have been underway since last year. Moreover, the third campus will be a collaborative venture with IIM Mumbai to facilitate various programs. The Executive Education Programme with NSE Academy will run at the Campuses of Sambalpur, Delhi and Mumbai. We are having dual degree program on Fintech with Sorbonne Business School, Paris and also partnering with NSE Academy Limited for the same”.

Mr. Abhilash Misra, Chief Executive Officer, NSE Academy Limited, said “This collaboration presents a unique synergy, leveraging the academic excellence and collective wisdom of the IIM Sambalpur’s esteemed academicians, professors, and researchers. The industry perspective, contributed by the IIM Sambalpur will add valuable insights and real-world applications to future technology programs. Strengthened by the industry’s leading fin-tech expertise, the partnership between the NSE and IIM Sambalpur will promise to bring forth a wealth of knowledge and practical application.”