Archives February 2024

 Bengaluru, 8th February 2024: Cleartrip, a Flipkart company, plans to be synonymous with the corporate travel space, and the launch of its new corporate travel management product – Out of Office (OOO) – is a starting step in this journey. This unique corporate travel booking tool – OOO is designed to empower small, medium, and large enterprises. With 300 SMEs onboarded and ~10 large and enterprise corporations actively transacting, the platform is processing a monthly business volume of Rs 20 Crore.

 The platform’s flexible architecture and user interface design enables a seamless configuration to cater to the unique requirements of large enterprises and SME clients. The core principle of OOO’s approach is to enable the unique travel behaviour of every business.

 Early-stage adopters of the OOO platform include reputed firms like The Federal Bank, Sify Technologies, MGM Healthcare, Sterlite Power Transmission Ltd and ACC Limited. Key features that make OOO stand out amongst its peers include the ability to change or build policies in real-time, Integrated travel expense with travel offerings, the ability to access self-contracted corporate fares, real-time invoice and reconciliation engine. A Native app for IOS and Android is due to be released shortly.

 Speaking on the development, Ayyappan R., CEO, of Cleartrip, stated, “As businesses worldwide experience a notable resurgence, we observed an unprecedented spike in the demand for corporate travel. In this scenario, ‘Out of Office’ (OOO) emerges as a pivotal solution. Unlike conventional platforms, it provides an end-to-end travel experience, user-centric interface, policy adherence, and cost-effectiveness—all in one comprehensive package. OOO caters not just to the current demand surge but also helps redefine how businesses approach corporate travel.”

 OOO is a plug-and-play solution that adapts to organizational needs quickly. It can manage multiple booking behaviours (Self-booking, travel desk booking) and multiple entities in a single instance. The focus of the tool is 30% on bookings and 70% on policy adherence. Notably, the tool addresses a common pain point for corporates by enabling the procurement of hotel invoices.

Unique features of OOO

• One-click onboarding feature provides a quick onboarding process allowing businesses to start transactions immediately.
• Large enterprises can access savings through the GST billing function.
• The detailed expense report dashboard ensures accurate reporting of all travel-related expenses for easy tracking.
• The multiple provider options feature allows the tool to provide the cheapest fares from multiple vendors.
• The one-click switch lets users switch between reseller and agency models based on invoicing preferences.

 With OOO, Cleartrip has further strengthened its presence in the corporate travel domain. The tool’s unmatched adaptability, policy-centricity, and user-friendly interface make it a truly unique proposition that will help the company scale its B2B business to new heights.

Mumbai, 8th February 2024 – A sonic revolution that took over India and rippled into years of musical extravaganza, Budweiser Beats presents Vh1 Supersonic 2024 Co powered by Nexa and Ajio is back with its 9th edition with some legendary names ready to claim the stage as their own. As the excitement reached an all-time high with the latest release of artists, the festival is here to push the excitement to its peak with the renowned artist, and rapper, A$AP Ferg joining as a headliner! Amping up this sonic journey are striking artists such as Major Lazer Soundsystem, Adam Beyer, King, Yotto, Ben Sims, Denis Horvat, Hamdi, Patrice Baumel, The Midnight, Undercatt, Victor Ruiz, Gurbax, Taba Chake, Naezy, The Yellow Diary, and many more.

 Hailing from the Harlem neighborhood of New York city, Darold Durard Brown Ferguson Jr. aka A$AP Ferg is celebrated as the collective member of the hip hop community A$AP Mob with renowned tracks under his name. Winner of the BET hip hop awards, A$AP Ferg has collaborated with the best of the artists in the music community while delivering solo masterpieces.

 Prepare for a three-day musical and lifestyle festival spanning five vibrant stages – the Main Stage, offering the best of pop, hip-hop, jazz, and indie pop, the BudX Spectrum Stage, for the techno and house heads, the Nexa Live Stage, delving into the acoustic and live music, the Reggae Corner for rock and soul music lovers along with the The Box powered by Freq Stage, for the ultimate techno experience. Be a part of the this ride, embrace the freedom, and secure your tickets now at https://www.gosupersonic.in/ and www.skillbox.co, and BE THERE, BE FREE!

 Adding to the unforgettable journey, the party will not stop for our audiences just at the festival, from pregame parties with the best F&B rates, to best of after-parties, Vh1 Supersonic has them covered. The official Vh1 Supersonic pregame with the Supercrew with irresistible offers will be set at Escada Pune where the drinking games will be afoot with exciting contests, bladder burst, unlimited pours with a lucky chance to win an upgrade to VIP section. Freq Pune, will be the home for Official Budx Spectrum After Party for all techno an electronic music lovers and along with another After Party Venue scheduled for the commercial music lovers. Further building up the sonic experience, Impresario will be taking over the bar management and FCC hospitality will be curating the smacking food!

Kolkata, 8th February 2024: The 4th edition of IEEMA Eastern Region flagship event –Energise Empower East – E3 kicked off at Biswa Bangla Convention Centre, Kolkata today. Inaugurated by Mr. Reuben Ahimbisibwe, Director, Access and Distribution Dept., Energy Development Corporation, Rwanda, Mr. Debasish Banerjee, Managing Director (Distribution), CESC Ltd, Mr. Bibhu Bhuyan, Managing Director, Assam Power Generation Corporation Ltd, Mr. Sunil Singhvi, President – Elect, IEEMA, Mr. Devesh Goel, Chairman, IEEMA Eastern Region & E3, Ms. Charu Mathur, Director General, IEEMA, Mr. Vikram Gandotra, Vice President, IEEMA and Mr. Siddharth Bhutoria, NEC Member, IEEMA along with other delegates.

Over the next three days, companies from Eastern India will conduct focussed business meetings with large number of buyers. They will talk about their projects and technology and procurement requirements. In a significant development, large buyers from the utility and non-Utility sector will also share their procurement plans.

Speaking at the occasion, Mr. Sunil Singhvi, President – Elect, IEEMA, “E3 is not only an exhibition, it’s a platform for sharing ideas, innovation and business opportunities. The whole world electricity market is transforming and energy transition is taking place and for India, everybody in the world is looking for the opportunities beyond China. He added, this decade belongs to India and this year IEEMA will work to create awareness about the quality, reliability and safety.”

Mr. Devesh Goel, Chairman, IEEMA Eastern Region & E3 2024 said, “The 4thedition of E3 has many first and unique features, there is power-packed three-day conference along with Buyer Seller Meets.”

E3 is organised by Indian Electrical and Electronics Manufacturers Association (IEEMA), which is the apex industry association of manufacturers of electrical, industrial electronics and allied equipment. The event brings together Electrical Industry, Technocrats, Government, Utilities, New Industry segments like Oil Refineries, Cement, Railways, Steel etc on the same platform.

India, 8 February 2024 – S4 Capital’s operating brand Media.Monks, a digital-first, unitary, advertising and marketing services company, promotes Robert Godinho as Managing Director of Content India, to focus on best-in-class creative innovation, fuelled by AI and its talent hub.

Robert Godinho has been elevated from his role heading the Media.Monks India production hub and will now oversee all operations as Managing Director, Content in India, to reflect an expanded scope. It comes as the company expands its India talent base, increasing existing capabilities in AI and creative technology to service and transform leading brands in India and around the world. Media.Monks India Director Poran Malani, who was core in setting up the Media.Monks team in India will leave the company.

Bruno Lambertini, Co-CEO, of the Content practice, says: “As one of the fastest growing markets in APAC, and indeed the world, we view India as an important strategic part of our own growth. The Media.Monks India business is also a hub for creative innovation, so it is well placed to help businesses harness the huge potential of AI, now. The new era for the India business, under the stewardship of Robert Godinho, is rooted in putting these capabilities into the hands of brands, be that hyper-personalisation, workflow automation or virtual production.”

Godinho is ideally placed to drive Media.Monks in this new era. An entrepreneur at heart, his creative studio WhiteBalance merged with Media.Monks in 2020 for its path-breaking work in film production and creative tech innovation.

His vision for building solutions that merge art and tech inspires his innovation teams to develop solutions that can help brands automate and build assets at scale to complement their digital content creation. Some achievements include setting up a Virtual Production studio in Film City, helping brands create AI-enabled campaigns personalized for regional consumers and building assets at scale for large brands that have been deployed from India to the World.

“We are building a Centre of Excellence for brands powered by insights, creativity, AI and innovation in India. This is not only to service our national clients but also international Media.Monks brands as well, through our established creative production and innovation hub. India has the opportunity to be at the epicenter of transforming brands by ensuring they are AI-friendly and AI-proof. We want to drive this by proving that AI is not a buzzword. We will do this by leading with it within our own business and handing on the learnings for clients to reap the benefits,” explains Robert Godinho.

Media.Monks was named by Adweek as its first-ever AI Agency of the Year in November. The award was given for demonstrating exceptional talent, creativity, and ingenuity in the application of generative AI in both internal operations and client work.

The Media.Monks India office services local, regional and global clients through its combination of local services and a specialist technical talent hub. Under Godinho’s stewardship, there will be enhanced collaboration between the two, alongside investment into talent to enhance creative, AI and technology capabilities.

Godinho reports to the recently appointed VP, Head of Content, APAC Matthew Godfrey, who joined Media.Monks in October 2023. The Data and Media divisions of Media.Monks India continue to report to Kenny Griffiths, Managing Director, APAC of DDM at Media. Monks.

Valapad (Thrissur): Manappuram Finance Ltd reported a consolidated net profit of ₹575 crore in its third quarter results for FY24, an increase of 46% over corresponding Q3 FY23 of ₹394 crore and a sequential increase of 2.6% over the preceding quarter. The NBFC’s consolidated assets under management (AUM) for Q3 stood at Rs 40,385 crore, registering an increase of 27% over the corresponding quarter of FY23 and up by 3.7% q-o-q. Net profit in the quarter for the standalone entity (which excludes subsidiaries) was reported at ₹429 crore. Total consolidated operating income during the quarter stood at ₹2,305 crore, an increase of 34% from the year-ago quarter. The company’s consolidated gold loan portfolio posted an increase of 12% to reach Rs 20,758 crore compared with the third quarter of FY23. The number of live gold loan customers stood at 2.5 million as on December 31, 2023.

 Sharing the results with the media, Mr V.P. Nandakumar, MD & CEO, said, “In the third quarter, at a consolidated level, we have made gains in profitability as well as AUM. Our efforts to establish ourselves as a major player in the non-gold businesses are bearing fruit, especially in microfinance and vehicles and equipment.”

 Gold loan AUM remained flat while Asirvad Microfinance Ltd closed the quarter with an AUM of ₹11,563 crore, a growth of 34% over ₹8,654 crore recorded, in the year-ago quarter. Asirvad’s net profit was Rs 127 crore with a growth of 80% Y-o-Y. The Vehicles & Equipment Finance division ended the AUM of Rs 3,597 crore, registering a strong growth of 70% year-on-year while maintaining good credit discipline. The home loans subsidiary, Manappuram Home Finance Ltd., has been showing a steady growth with an AUM of Rs 1,415 crore, which is up by 41% year-on-year. The fee-based, insurance brokerage business is growing nicely and reported Rs 28 crore profit this quarter and sees excellent prospects for its growth.

 The company’s non-gold loan businesses now account for a 49% share of its consolidated AUM. Average borrowing cost for the standalone entity is 8.7% in Q3 FY24 vs. 8.1% in the year-ago quarter. Gross NPA stood at 2% and Net NPA reported at 1.8%. The company’s consolidated net worth stood at Rs 11,063 crore as of December 31, 2023. The book value per share stood at ₹131 and its capital adequacy ratio (for the standalone entity) was at 30.7%. On a consolidated basis, the total borrowings of the company stood at Rs 31,927 crore while the total number of live customers stood at 6.5 million as on December 31, 2023.

 Valentine’s Day is the perfect occasion to express your love through a carefully curated dining experience. Plan your romantic dinner with Clay Craft’s exquisite tableware, adding a touch of elegance and sophistication to every course. Here’s how to plan a spectacular five-course Valentine’s dinner using Clay Craft’s premium tableware:

 Indulge in Love at First Bite:

 Start your evening with a tantalizing appetizer served on Clay Craft’s Basic Platter. Its sleek design and pristine white finish will beautifully showcase your culinary creations. Moreover, its minimalist aesthetic allows your appetizers to take center stage, enhancing both the visual appeal and the anticipation of the meal to come.

 Sip Love, One Spoonful at a Time:

 Warm your hearts with a comforting soup course, presented in the exquisite Ceramic Creme Soup Bowl & Cup with Spoon that serves as a pivotal moment in enhancing the ambiance of a Valentine’s Day dinner. As couples embark on their culinary journey, this course offers a unique opportunity to savor not only the flavors but also the essence of togetherness.

 A Feast for Two Hearts:

 Indulge in the culinary artistry of the main course as you showcase your creativity and passion for cooking for your loved one on Clay Craft’s Urmi Fiesta and Urmi Crysta Dinner Sets. Designed with elegance and practicality in mind, these dinner sets provide the perfect canvas for your culinary creations, ensuring that your meal not only tastes exquisite but also looks stunning. As you present your main course on these dinner sets, you’ll not only impress your date with your culinary skills but also create lasting memories of shared meals and cherished moments.

 Sweet Endings, Sweeter Moments:

For the perfect end to your perfect Valentine’s date, indulge your sweet tooth with a delectable dessert served in Clay Craft’s Plain White Solid Ice Cream Bowls. These charming bowls are the perfect size for individual servings of your favorite treats, adding a delightful touch to the romantic finale of your dinner.

 A Cup of Togetherness:
After dinner, enjoy a cozy moment together with a cup of coffee served in Clay Craft’s Feast Kohinoor Cups & Saucers. The vibrant orange hue adds a pop of color to your table, complementing the romantic ambiance of the evening. Alternatively, if your partner is a tea lover, unwind with a soothing cup of tea using India Circus Verdure Mystery Tea Cups by Clay Craft. These charming tumblers add an element of intrigue to your beverage service, inviting you to linger over heartfelt conversations long into the night. Whether it’s the first date or a celebration of years together, your Valentine’s Day dinner is sure to be a culinary masterpiece filled with love, romance, and unforgettable moments shared together with the timeless elegance of Clay Craft tableware. Cheers to a night of indulgence and enchantment!

 New Delhi, February 08, 2024 – Globe Textiles (India) Limited, a renowned organization in the textile sector, yesterday unveiled its unaudited standalone financial results for the quarter and nine months ending December 31, 2023. Despite facing adversities from natural calamities and regulatory shifts, the company has demonstrated remarkable resilience, reflecting a steadfast commitment to its stakeholders.

  Globe Textiles recorded revenue from operations of INR 9,282.96 lakhs for the quarter ended December 31, 2023, showcasing its consistent revenue stream despite challenges. For the nine months ended December 31, 2023, the company reported revenue of INR 32,761.63 lakhs, underlining its stability in the market.

 The company recorded a profit before tax of INR 198.83 lakhs in the quarter, which is a good sign of growth compared to previous periods. Additionally, Globe Textiles reported a profit after tax of INR 163.83 lakhs for the quarter and INR 444.71 lakhs for the nine months ending on December 31, 2023, indicating its resilience in maintaining profitability. The company’s profit before tax has increased almost fourfold from 47.61 lakhs in the previous comparative quarter.

 Due to heavy rainfall and wind, there was severe damage to property, plant and equipment, and stock of its one unit. However, the Company promptly submitted the insurance claim. The assessment of the total loss is ongoing, emphasizing the company’s proactive approach to mitigating risks.

 With the Indian Parliament’s approval of the Code on Social Security, 2020, Globe Textiles acknowledges the potential impact on contributions towards Provident Fund and Gratuity. The company remains vigilant and will assess and account for the actual impact accordingly.

Commenting on the results, Globe Textiles (India) Limited official spokesperson, expressed, “We are pleased to present our unaudited standalone financial results for the quarter and nine months ended December 31, 2023. Despite challenges posed by natural disasters and regulatory changes, we remain focused on delivering value to our stakeholders.”

 Globe Textiles commits to quality and innovation, the company serves a diverse customer base across domestic and international markets.

Join us at Koji as we embark on a culinary journey to explore the rich cultural and ethnic food of China, celebrating the Year of the Wood Dragon. Each region has its unique culinary traditions, and during this festive season, our culinary masters will showcase the diverse flavours that make Chinese cuisine so special.

Delve into the significance of the Year of the Wood Dragon, as we follow the 12-year cycle of the Chinese zodiac. The Dragon, the fifth in the sequence, returns every 12 years with a shift in elemental affiliation. In 2012, it was the Year of the Water Dragon, and now in 2024, we celebrate the Year of the Wood Dragon. Indulge in a showcase of traditional Chinese New Year dishes, carefully curated to bring good fortune and happiness.

Enjoy and experience various cooking styles from stewing, grilling, pan-frying to wok cooking and steaming, showcasing the diversity of Chinese cuisine.

Immerse yourself in the sizzling action at our live kitchen, featuring a variety of meats, vegetables, and seafood prepared to perfection on the live grill. Our chefs will use exotic ingredients to create a unique and memorable dining experience, infusing each dish with distinctive flavours. Look forward to an array of innovative cocktails and mocktails curated. Pair these exotic beverages with our Chinese New Year dishes to enhance your dining experience.

We invite you in celebrating the Year of the Wood Dragon with a feast that not only honours tradition but also brings a modern and exciting twist to Chinese culinary delights. Get ready for a culinary experience that transcends borders and embraces the spirit of the festive season.

Valentine’s Day is just around the corner and that means it’s time for you to gear up and start shopping for your loved ones and spoil them with some love! And what better than gifting products from one place where you can buy across various categories of products If you’re unsure about what to buy or simply confused with the bazillion options around, Shopclues has listed top 5 products that you can choose from to celebrate the season of love. So go ahead and shop now.

Red bell sleeve Dress

 Introduce A Touch of Wondrous Chic To Your Evening Look With This Gorgeous Dress From Vivient Femme. This Will Add Eyesome Charm, The Fabric Assures Pure Lightweight Comfort. Look Perfect Wearing This Dress. Designed To Impress Fashion-Conscious Women, This Short Dress Will Lend You A Look Worth Flaunting. Regular-Fit Dress Will Help You Stay Relaxed All Day Long. Look gorgeous at an upcoming family function wearing the A-line Dress from Purple coloured dresses. Featuring an eye-catching print, this dresses will be a great pick this season. The Dotted Polyester Fabric will keep you comfortable all day long.

24K Gold Foil Rose With a Gift Box is a Best Gift for

 Valentine’s Day. Impress with sweet lifelong memories of yourself, by presenting this Chocholik stunning long lasting rose to your loved ones. Enhance the decor of any table with this elegant rose while showing your passion to someone so dear to you. Honor your wife, mother, sister or girlfriend. It is the perfect gift to express your love and gratitude. It expresses deepness of love like a rose but is allergy-free. The entire rose including stem, petals, and leaves is made from 24K gold to enhance the elegance.

 Handmade Resin 4 Girl Pot

 Experience the epitome of craftsmanship with our Resin Handicraft Product, a ceramic masterpiece fired at high temperatures using precision machinery. This versatile piece serves as a positive and eco friendly gift, catering to the sensibilities of nature and gardening enthusiasts. The ceramic table top pots are machine-made with high precision, making them ideal for a variety of settings. Whether adorning your indoor spaces, outdoor gardens, or serving as succulent, bonsai, or herb planters, these pots effortlessly blend functionality with aesthetic appeal. Perfect for both real and artificial plants, they enhance the ambiance of your home, balcony, living room, garden, kitchen, and office. The unusual way to gift your loved ones.

Hanging Photo Display Picture:

Create a wall collage with your favorite memories, photos, etc. without damaging your walls. Keep track of events, achievements, projects, and more, or plan your life ahead.
PRODUCT DETAILS: Made from a natural cotton rope, these wall hangings have been weaved it not just a great way to showcase photographs or snapshots, arts, but also an unique wall decoration. Especially standing out when hung on the light color wall. This will certainly make you feel natural warmth. It can display your pretty photos/pictures anywhere, such as study, bedroom, living room, corridor or passageway

Luxury Unisex Non-Alcoholic Roll On Attar Perfume Introducing Adilqadri Attar. The perfect fragrance for anyone looking for a lasting scent to gift it to their partner. With its high-quality ingredients, you won’t have to worry about reapplying throughout the day. Let Adilqadri Attar

Surround You With Its Warm, Inviting Aroma And Leave A Lasting Impression.

Hyderabad, 8th February 2024: BioAsia, Asia’s premier life sciences and Health Tech forum, is proud to announce its partnership with the Ministry of Micro, Small, and Medium Enterprises (MSME), Government of India, for the upcoming 21st edition of the event. Scheduled to take place from February 26 to 28, 2024, in Hyderabad, BioAsia 2024 promises to be a pivotal platform for fostering growth and innovation within the MSME sector.

 The collaboration with the Ministry of MSME underscores BioAsia’s commitment, in line with the Government’s vision, to promoting the growth and development of small and medium-sized enterprises, which play a crucial role in India’s burgeoning life sciences industry. With a dedicated MSME Pavilion featuring leading companies from the sector, BioAsia 2024 offers a unique opportunity for MSMEs to forge key partnerships, expand their businesses, and showcase India’s prowess in the global life sciences arena. Through the Procurement & Market Support (PMS) – Market Access Initiatives of Development and Facilitation Office (DFO), the cost of participation for MSMEs are being subsidized upto 100%.

 Expressing his enthusiasm, Mr. Sridhar Babu, Hon’ble Minister for Industries and Information Technology, Telangana, stated, “The new government in Telangana is dedicated to fostering the growth of MSMEs as the driving force of our economy. BioAsia 2024 will provide a platform for MSMEs to thrive, innovate, and contribute to the advancement of the life sciences sector. Further, I am optimistic that this collaborative endeavour will facilitate the enhancement of technical acumen, bolster infrastructure, and optimize the utilization of shared resources”.

 Mr. Jayesh Ranjan, IAS, Principal Secretary of the Industries & Commerce Department, Government of Telangana, remarked, “Over the preceding two decades, we have observed the participation of numerous global and local players within the healthcare and life science realm as contributors to BioAsia. MSMEs have stood as an indispensable component of BioAsia’s landscape over time, and we take great pleasure i perpetuating our affiliation with the Ministry of Micro, Small, and Medium Enterprises (MSME), Government of India”.

 Mr. D. Chandra Sekhar, Additional Development Commissioner, Development and Facilitation Office (DFO), Hyderabad, articulated, “21st edition of BioAsia, themed ‘Transforming Life Sciences with Data and AI’, is poised to propel the growth prospects for MSME units in India, harnessing its catalyzing investments and global openings within the life sciences domain. Through our engagement and involvement in BioAsia 2024, we anticipate that MSME stakeholders will derive substantial advantages from its elevated prominence within the global healthcare industries.”

 “BioAsia has a legacy of bringing together industry leaders, innovators, and policymakers to drive meaningful change in the healthcare sector. With the inclusion of MSMEs as a focal point, BioAsia 2024 will further strengthen our collective efforts to democratize healthcare and foster innovation for the benefit of society,” said Mr. Shakthi Nagappan, Director (Life Sciences) and CEO (BioAsia).

 Over the years, the event has immensely benefitted from its participant history including the likes of several Nobel Prize winners, Lasker Awardees and eminent industry leaders like Mr. Bill Gates (Chair, Gates Foundation), Mr. Satya Nadella (CEO of Microsoft), Mr. Alex Gorsky (Executive Chairman, Johnson & Johnson), Dr. Vas Narasimhan (CEO, Novartis), Mr. Geoff Martha (Chairman & CEO, Medtronic), besides hosting the Country Ministers and Delegates from Asia, America, Africa, and Europe. Being the first edition post-pandemic, BioAsia 2023 was extremely successful with the virtual participation of more than 3000 global participants from over 50+ Countries.