Archives March 2024

Mumbai, March 6, 2024: Growel’s 101 Mall, the go-to family destination in Mumbai suburbs, is thrilled to announce the opening of three new outlets: HT Interiors, The Beer Café, and LED (Live Entertainment Destination). These openings mark a significant milestone in the mall’s journey as it continues to redefine itself as a premium shopping and social destination.

The Beer Café, India’s largest alco-beverage chain, offers a harmonious blend of craft beers and global cuisine in a setting that epitomizes both tradition and innovation. Its extensive range of beers, including domestic, international, and special brews, as well as the largest collection of tap beers in the city, is sure to delight beer enthusiasts visiting Growel’s 101 Mall.

LED presents a dynamic entertainment hub with arcade games, bowling, bumper cars, and VR gaming, catering to fun-seekers of all ages. This state-of-the-art game zone promises an adrenaline-pumping experience for everyone.

HT Interiors by HomeTown, is an interior aficionado’s dream come true, offering stylish furniture and stunning home décor for every part of the home. This newest addition to Growel’s 101 Mall invites patrons to discover elegant and modern designs for their living spaces.

Bhavna Thakur, DGM Leasing, Growel’s 101 Mall, stated, “This year will be a transformative for Growel’s 101 Mall as we ascend to become not just a preferred shopping destination but a premium lifestyle experience. The opening of HT Interiors, The Beer Café, and LED are a testament to our commitment to providing diverse and upscale choices for our patrons. As Kandivali evolves with premium residential development, we continue to adapt, offering an exclusive brand mix and elevated experiences that reflect the sophistication of our shoppers.”

Over the last few years, the Kandivali suburb has witnessed a significant transformation with the development of premium residential real estate, leading to a shift in the customer demographics of the neighbourhood. Once a hub for value-conscious customers, it has now attracted a more premium and aspirational clientele.

In response to this evolution, Growel’s 101 Mall has consistently strived to enhance its offerings to meet and exceed the expectations of its patrons. The mall has actively engaged with key premium and aspirational brands reflecting Growel’s 101 Mall’s commitment to customer delight and its adaptability to the dynamic consumer landscape. The transformation of Kandivali has positioned Growel’s 101 as a destination mall of the western suburbs in Mumbai, providing a well-rounded experience is always at the centre of all its consumer offerings.

Directors’ Institute – World Council Of Directors, an esteemed entity under the World Development Corporation (WDC), is pleased to announce the appointment of Ms. Jyoti Narang as the Chairperson of Heidelberg Cement. Ms. Narang’s appointment underscores Heidelberg Cement’s commitment to strong governance and leadership. The Directors’ Institute congratulates Ms. Narang on her new role and looks forward to her contributions to the industry.

Heidelberg Cement, AG, began its India journey in 2006 with the acquisition of erstwhile Mysore Cement, Cochin Cement, and a joint venture with Indorama Cement. Post-restructuring and expansion at its Central India plants, its installed capacity increased to 5.5 Million Tonnes from 2.3 Million Tonnes. Following the acquisition of Italcementi in 2016, the Group has more than doubled its presence in India, with 4 Integrated Cement plants, 4 Grinding Units, and a Terminal, bringing its installed capacity in India to about 14 Million Tonnes. Currently, cement is sold in 12 states where it’s brands are well accepted by its loyal customers.

“We are pleased to announce that Ms. Jyoti Narang has assumed the role of Chairperson at Heidelberg Cement,” said Mr Zeeshaan Pathan, Group managing director World Development Corporation. “Jyoti Narang’s appointment as Chairperson of Heidelberg Cement is a testament to her exceptional leadership skills and strategic vision. Her appointment will undoubtedly drive positive change within the organisation, fostering innovation and diversity in leadership.”

Ms. Narang, aged 63 years, holds a Bachelor’s Degree in BA Economics (Honours) from Lady Shriram College for Women, University of Delhi, and an MBA in Finance from the University of Delhi. She has also completed her executive education in Advanced Management Programme from Harvard Business School, Strategic Marketing from International Institute for Management Development (IMD), Lausanne, and Brand Management from Wharton University of Pennsylvania.”The Directors’ Institute, known for its commitment to excellence in corporate governance, is proud to have facilitated this appointment,” added the spokesperson.

Ms. Narang’s appointment as Chairperson of Heidelberg Cement is effective immediately, and she is poised to lead the company towards its goals of long-term profitability and sustainable growth.For more information, please find Ms Narang profile and photograph attached below.

By  – Anupma Khetan Customer Experience Evangelist, Sunteck Realty

Mira Road is quickly becoming one of the most sought-after destinations for homebuyers in Mumbai, marking its territory as a lucrative micro-market. Its unique combination of premium housing, strategic location, and burgeoning infrastructure projects makes it a magnet for those looking to invest in real estate. Let’s delve into the factors that are positioning Mira Road as a prime location for potential homeowners more than ever before.

Unbeatable Location and Convenience

At the heart of its appeal, Mira Road boasts of a location that offers everything a modern family could need. From shopping centres like Maxus Mall and Thakur Mall to prestigious educational institutions such as N.L. Dalmia High School and Sardar Vallabhbhai Patel Vidyalaya, the area caters to all the essentials of urban living. This convenience is a significant draw for young families and professionals seeking a blend of comfort and accessibility.

Trending Property Prices

The real estate landscape in Mira Road is witnessing an increase in property prices. This trend is expected to continue, fuelled by the rising demand for housing in Mumbai.

At the forefront of Mira Road’s appeal is its evolution into a hub for premium and luxurious residences designed to elevate lifestyles to new heights. Moving beyond mere affordability, the area is now synonymous with high-end living spaces that cater to those seeking an enhanced quality of life. These upscale developments are meticulously planned to include state-of-the-art amenities, lush landscapes, and architectural elegance, reflecting the aspirations of a discerning clientele.

Enhanced Connectivity and Future Growth Potential

Mira Road’s strategic location is complemented by its excellent connectivity to Mumbai’s major suburbs and commercial hubs. The forthcoming Andheri-Dahisar-Mira-Bhayander Metro Line, Coastal Road, Borivali-Thane Tunnel Road, and other infrastructure projects promise to further enhance this connectivity, making it an even more attractive option for real estate investment.

A Hub of Modern Living, 

The proximity of Mira Road to major centres like Malad, Goregaon, and Andheri makes it an ideal location for professionals. The area’s modern infrastructure, coupled with upcoming residential and commercial projects, positions it as a dynamic living space that caters to the aspirations of a new generation of homebuyers seeking quality, convenience, and lifestyle.

The real estate market in Mira Road is undergoing a significant transformation, with a noticeable shift towards luxury housing. These developments are characterized by spacious layouts, modern design, and premium facilities such as swimming pools, fitness centres, and exclusive clubs. Such features are attracting a new wave of buyers who prioritize comfort, privacy, and a touch of exclusivity in their living spaces.

Changing Demographics and Buyer Preferences

Mira Road is witnessing a shift in the real estate market’s demographics, with an increasing number of millennials looking for homes that offer a blend of luxury, comfort, and status. This changing buyer profile, along with the demand for larger living spaces in the post-pandemic era, is shaping the area’s development, making it a hotspot for those aspiring for an upgraded lifestyle.

Mira Road’s transition to a destination for luxury living is evident in the upscale residential options now available. These residences are not just about providing living but about offering a lifestyle that is enriched.

Conclusion

Mira Road stands out as a micro-market with immense potential in Mumbai’s real estate scene. Its mix of strategic location, and burgeoning infrastructure, alongside the changing preferences of homebuyers, sets it apart as a desirable destination for investment and living. As Mumbai continues to grow, Mira Road is poised to become an even more pivotal area, offering a high-quality lifestyle and convenient living options to its residents.

Mira Road is redefining its real estate landscape by embracing the luxury housing segment, thereby attracting homebuyers with a penchant for finer living. This shift towards premium and luxurious residences marks a new chapter in the area’s development, promising a future where lifestyle and luxury converge to create an unmatched living experience.

NASHVILLE, Tenn.,March 6th, 2024 – MDsave, the nation’s leading healthcare services platform connecting providers, employers, and patients to transparent and transactable healthcare, announces today its partnership with Fountain Point Surgery Center. Fountain Point Surgery Center is a multi-specialty ambulatory surgical facility in Norfolk, Nebraska that provides the highest quality care to patients in a professional setting that is comfortable, efficient, and cost-effective.

Fountain Point Surgery Center now offers multiple ambulatory surgery options such as pain management, urology, general surgery, and more on MDsave’s marketplace of more than 5,000 providers and 2,000 distinct procedures across 30 specialties. Through this partnership, Fountain Point Surgery Center aims to provide patients and employers with access to outpatient options for surgery with no surprise bills.

“This program is a great option for self-pay patients, patients with high deductibles/catastrophic insurance, or patients with an insurance denial for care that their physician deemed necessary,” says Dr. Christopher Price of Fountain Point Surgery Center. “It’s a common misconception that patients with health insurance cannot pay cash for their care.”

“MDsave is dedicated to giving patients access to quality, affordable care,” says Charlie Byrge, SVP, MDsave. “We are excited to partner with Fountain Point Surgery Center to offer high-quality care and transparent pricing to patients and employers in Northeast Nebraska, empowering them to take control of their healthcare decisions.”

“At Fountain Point Surgery Center, we are committed to providing our patients with the highest quality surgical care at an affordable price,” says Dr. Tom Beutler of Fountain Point Surgery Center. “We are proud to partner with MDsave in order to continue to offer our patients the best possible value.

Bengaluru, 06th March 2024: Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced the launch of Mahindra Codename Crown. This is a strategically located development built in the vibrant Kharadi Annex, 4 kms from World Trade Center. Situated on a lush 5.38-acre property, Mahindra Codename Crown offers a range of 2, 3 & 4 BHK homes, promising a premium living experience and received RERA on 04th March 2024.

This phase will see the unveiling of two towers of 2 & 3 BHK homes and an exclusive 4 BHK tower, comprising over 500 units. Mahindra Codename Crown is meticulously crafted with the understanding that once bought, a home cannot be changed and hence, should be a space which meets all needs of a family. With this in mind, the project is designed with unique large decks, cross-ventilation, senior citizen accessible washrooms, and other such features.

Amit Kumar Sinha, Managing Director & CEO of Mahindra Lifespace Developers Ltd., said, “We’re excited to introduce Mahindra Codename Crown, our latest project in the city. Offering lifestyle sanctuaries meticulously crafted to elevate living experiences, it caters to the discerning preferences of our customers. Its strategic proximity to Pune’s IT hubs and business districts adds further value, providing residents with a convenient lifestyle. While external amenities are important, at Mahindra Codename Crown, we prioritize the fundamentals of home design, ensuring residents find their ideal living space.”

Mahindra Codename Crown is strategically situated in the upscale East Pune locality, surrounded with well-developed social infrastructure that includes top educational institutes such as Wellington College International, Euro School, and Poddar International school. It also provides quick access and great connectivity with IT hubs in Viman Nagar, Magarpatta, and Hadapsar.

Bengaluru, March 06, 2024: Shri M. R. Kumar after having assumed the role of Non-Executive Chairman, chaired the Board meeting on February 29, 2024.

In Bank of India Shri M. R. Kumar will be responsible for overseeing the overall growth trajectory of the bank.

Shri Kumar, a science graduate from the University of Madras, currently also serves on the board of directors at Ambuja Cements Ltd. He joined the Life Insurance Corporation of India in 1983 and had the unique privilege of heading its three zones: the southern zone in Chennai, the north central zone in Kanpur, and the northern zone in Delhi. He also served as the Chairman of LIC India from 2019 to March 2023. In his tenure as the Non-Executive Chairman of IDBI Bank, Kumar was instrumental in transforming the bank from a loss-making entity to a profitable one.

Kumar also served as a Director on the Boards of Kenindia Assurance Co. Ltd, Kenya, and ACC Ltd., India. His leadership acumen was further demonstrated through his tenure as Chairman of the Governing Board at the National Insurance Academy, alongside serving as President of the Insurance Institute of India, and as Chairman of the Council of Insurance Ombudsman, showcasing his significant contributions to the insurance and banking sectors.

The Bank of India is also pleased to announce the appointment of Shri Rajiv Mishra as the Executive Director.

Bringing a wealth of 24 years of experience, Shri Rajiv Mishra, who is a BE, MBA graduate and a Certified Associate of both the Indian Institute of Bankers and the Insurance Institute of India has a comprehensive background in Digital, Analytics & IT, Retail and MSME Credit, Large Corporates, Recovery, and Treasury. His pivotal role in leading Union Bank of India’s digital transformation, highlighted by the launch of the VYOM mobile app, underlines his innovative approach and commitment to advancing banking technologies. Mishra has also served on the boards of Kashi Gomti Samyut Gramin Bank in Varanasi, and UBI Services Ltd.

In Bank of India Shri Rajiv Mishra will assume a pivotal role in managing stressed asset resolution and recovery, including policy matters. His purview extends to critical areas such as Information Technology, Digital Banking Department (including Transaction Banking), Digital Analytics, Digital Lending Department, and General Operations, which encompasses Centralized Back Office and Rajbhasha.

These strategic appointments underscore the Bank of India’s commitment to strengthening its leadership framework, ensuring a robust strategy for growth and innovation in the banking sector.

Kolkata, 6th March, 2024: Motovolt Mobility Pvt Ltd, a leading electric two-wheeler company in India, steps forward to redefine urban commuting with the launch of the Motovolt M7. This multi-utility e- scooter (MUSe), the first of its kind in the country, marks the company’s entry into the high-speed electric scooter segment. Infused with German technology and inspired by a billion Indian aspirations, the M7 sets a new standard for safety, quality, comfort, and sustainability. Motovolt M7 was today launched by Mr Snehasis Chakraborty, Hon’ble Minister Of Transport, Government Of West Bengal in the presence of Dr Soumitra Mohan, IAS, Secretary, Department of Transport, Government Of West Bengal, Ms Barbara Voss, Consul General of Germany in Kolkata, Renowned Actor, Mr Abir Chatterjee, Mr Andreas Zurwehme, CEO, eROCKIT, Germany and Mr Tushar Choudhary, Founder & CEO, Motovolt Mobility Pvt Ltd.

Designed with sustainability at its core, the M7 reduces plastic use, opting for a blend of efficient metals. Its modular design aims to enhance travel convenience, featuring an intelligently crafted rear section for carrying loads with ease. The M7’s seating is ergonomically designed, supported by a double cradle heavy-duty mild steel frame that accommodates a payload of up to 180 Kg ensuring stability and durability.

The M7 battery, a robust 3kWh unit, boasts advanced LFP cell chemistry, making it durable and safe with over 1000 charge cycles. It comes encased in aluminium, adhering to AIS 156 standards (IP67), ensuring it is both fire and waterproof. With the in-house design and packaging, the battery is portable and can be easily carried and charged anywhere, offering a range of 166 km in IDC mode (ARAI certified). The M7L variant is available with a single battery with the option to upgrade to a dual system, managed by a sophisticated battery control system.

Motovolt’s partnership with Swobbee, a European leader in battery-swapping technology, endows the M7 with seamless battery swapping capabilities at multiple locations across the country. This convenience is part of the company’s future vision to integrate Swobbee’s platform more comprehensively.

Sharing his thoughts Mr Tushar Choudhary, Founder & CEO of Motovolt Mobility, said, “At Motovolt, our mission is to provide an efficient and sustainable commuting alternative. The M7, is Made in India and Made for India and seamlessly integrates advanced features, providing a personalized and connected experience for our riders. By addressing the unique challenges of urban mobility, we aim to enhance the quality of life and contribute to a cleaner environment. We have kept the introductory ffer price of M7 at Rs 1,22,000/-, with the initial booking amount being Rs 999/-.”

Talking about the M7, Mr Andreas Zurwehme, CEO, eROCKIT, said, “I am elated to have been involved in the development of the M7 electric scooter. The exchange of technology between our German engineers and their Indian counterparts has been a cornerstone of this project. The outcome is an exceptional product that symbolizes a synergy of versatility, reliability, and dedication. I am confident that the M7 will appeal to Indian consumers and deliver a distinctive and gratifying experience on the road. Looking ahead, we are also exploring opportunities to introduce the M7 into European markets, broadening its horizon and potential impact.”

The M7 is enhanced with a sophisticated telematics system, accessible through the Motovolt app, designed to streamline fleet management for businesses. This application offers an array of features such as real-time location tracking through historical ride data, the convenience of over-the-air software updates, and predictive analytics for proactive performance management. It also sends service reminders and monitors the health of the vehicle to ensure timely maintenance. This comprehensive solution is tailored to improve the efficiency and reliability of business fleets by leveraging advanced features.

Personalization is key with Motovolt’s MUSe, offering six striking colour choices: Lightning Grey, Galaxy Red, Blue Jay, Dove White, Canary Yellow, and Puma Black. Promising maximum vehicle uptime, lower total cost of ownership, extended range, and easy access to spare parts, the Motovolt M7 epitomizes hassle-free, cost-effective ownership.

Following its debut in West Bengal & Orissa, the M7 is scheduled to be introduced in other major cities in a phased succession. Bookings are now open for the revolutionary Motovolt M7 through their heralding a new era in sustainable urban transportation.

“Embarking on a Transformative Journey: Amity University Gurugram’s International Women’s Week Celebration starts with a week-long Leadership Development Program, aptly named ‘Empowering Women For Leadership: Progressing Together,’ curated by the esteemed Academic Staff College.” from 04-08 March, 2024 

 The celebrations inaugurated with the symbolic lighting of the lamp, ushering in an atmosphere of inspiration and enlightenment. A harmonious invocation of muses followed, resonating with the spirit of the program, a celebration of music and creativity that set the tone for the empowering week ahead.

 During the Inaugural, Prof PB Sharma, the Hon’ble Vice-Chancellor, Amity University Gurugram, shed light on the profound role of women in mythology, emphasizing the timeless importance of honesty and kindness in their narratives. Drawing parallels to ancient wisdom, he underscored the significance of these virtues as timeless guiding principles for leadership. Prof Sharma emphasied on Emotional Quotient (EQ) and Spiritual Quotient (SQ) in effective leadership. He spoke eloquently about the need for leaders, especially women, to navigate with emotional intelligence and spiritual insight, fostering a holistic approach to decision- making. Prof Sharma took a moment to acknowledge the commendable gender ratio within the faculty at Amity University Gurugram, emphasizing a balanced representation. His encouragement for women not to sacrifice their potential resonated deeply, promoting a culture of empowerment and equal opportunities. Prof Sharma address served as a beacon for the empowering journey that lay ahead, leaving a lasting impact on all those fortunate enough to be present during this significant event.

 Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, Chair – G20 Empower India & Past President – FICCI delivered a compelling address on International Women’s Day. With eloquence and authority, she shared insights and perspectives that resonated with the spirit of empowerment and gender equality. Dr. Reddy’s words encapsulated the essence of the occasion, inspiring and motivating everyone present. Her impactful contribution during the International Women’s Day celebration left a lasting impression, further emphasizing the importance of women’s leadership and their invaluable role in shaping a progressive society.

 Ms. Anna Roy, Principal Economic Adviser – NITI Aayog, Government of India, shared a unique perspective on women’s empowerment, highlighting her personal stance on the term. She acknowledged her privilege, emphasizing the scarcity of opportunities for many women. Ms. Roy stressed the importance of supportive mentors and addressed issues in Cyber- Physical Technology, particularly information asymmetry. Advocating collaborative programs for the Women Entrepreneurship Cell, she expressed concerns about excessive funding focus, urging recognition of efforts. Drawing from cultural references, she emphasized the value of hard work and cited Prime Minister Modi’s proactive stance on A.I. Ms. Anna Roy’s insights underscore the need for collective efforts and strategic focus for an empowered future.

 Dr. Meeta Brahma, Director NIIT Ltd, during her engaging address, delved into the remarkable work of NIIT in empowering individuals through technology. She shared insightful perspectives on how technology can be a catalyst for empowerment, transforming lives and providing opportunities for personal and professional growth. Dr. Meeta Brahma drew inspiration from management guru Peter Drucker, quoting his wisdom on managing oneself. She emphasized the critical importance of self-awareness, urging the audience to reflect on their strengths, weaknesses, and areas for improvement. Dr. Brahma introduced the concept of “Discover, Dream, Design, Deliver.” This framework encapsulated a holistic approach to goal setting and achievement, inspiring the audience to envision their aspirations, strategize a plan, and diligently work towards realizing their dreams.

Prof Dr. Rajita Kulkarni, Hon’ble President, Sri Sri University, Odisha, shared impactful insights on leadership, emphasizing genuine connections, courage, and effective communication. Beyond conventional traits, she highlighted self-discovery, adaptability, and stress relief through practices like meditation. Dr. Kulkarni promoted a problem-solving mindset, advocating resilience and adaptability. Stressing the role of a robust team, she explored diverse leadership styles with a focus on collaboration and empowerment. Her dynamic presentation left a lasting impact, equipping the audience with strategies for navigating evolving leadership landscapes and fostering empowerment and motivation.

 Prof. Sanjana Vij, Prof, Liberal Arts, Director, Academic Staff College, Amity University Haryana delivered a powerful Opening Address on Women’s Day, emphasizing the Leadership Development Program’s role in enhancing faculty growth and fostering essential leadership skills. Her impactful speech set the tone for a transformative journey, highlighting the program’s significance in empowering women within the academic community. Prof Sanjna Vij’s words resonated with a clear vision for personal and professional development, inspiring participants to actively engage in the program for valuable insights and growth opportunities.

 “An inspiring turnout of 95 eager learners, including Heads of Departments, faculty members, and dedicated research scholars, enthusiastically registered and actively engaged in our transformative Leadership Development Program, titled ‘Empowering Women For Leadership: Progressing Together.’

 In a heartfelt Vote of Thanks, Prof. Sanjana Vij extended her gratitude to the esteemed speakers, dignitaries, and participants whose presence and contributions enriched the Leadership Development Program.

Bengaluru, 6th March 2024: Tata Power Solar Systems Limited (TPSSL), a leading solar company in India and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in-line with the Government’s PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial (C&I) customers.

With loan limits extended up to ₹ 15 lakh for Residential and ₹ 16 crore for C&I customers, the renewed scheme plans to provide financing up to 80% and 85% for the respective categories. Notably, both the categories will have access to collateral-free financing options, making the transition to solar energy more accessible. The loan tenure has also been extended up to 10 years, allowing households and businesses ample time for repayment.

This renewed three-year agreement includes both Residential and C&I segments compared to the earlier one which focused only on C&I segment and resulted in the financing of ~ ₹ 165 crore for the segment.

Mr. Deepesh Nanda, CEO & Managing Director, Tata Power Renewable Energy Limited, stated, “We are glad to announce the renewal of our association with Union Bank of India by including Residential consumers in our solar financing scheme. We believe that the access to easy financing will mainstream the roof-top solar adoption among the Residential segment in the country and replicate the success of the C&I segment as witnessed in our first phase of association.”

In line with the Government’s commitment to promoting Residential Solar, this initiative by TPSSL and UBI is well aligned with the recently launched Government scheme PM-Surya Ghar Muft Bijli Yojana. As part of this collaboration, a special scheme under the extended agreement has been introduced, specifically tailored for Residential customers. The aim of this initiative is to improve accessibility and affordability for a wider audience, thereby making a significant contribution to the widespread adoption of solar solutions.

“Union Bank of India is proud to be at the forefront of supporting green initiatives. Our extended partnership with Tata Power Solar Systems reflects our dedication to providing innovative financial solutions for both Commercial and Industrial as well as Residential customers, reinforcing our commitment to a sustainable future,” added Mr. Pravin Sharma, CGM, MSME, Union Bank of India.

TPSSL stands at the forefront of the renewable energy landscape. With solar rooftop portfolio of over 2 GW, the Company is making significant strides across various states and cities. The comprehensive solutions cover residential, commercial & industrial, MSMEs, large enterprises, group captive, and other customized offerings, showcasing a commitment to diverse energy needs. Leveraging 34 years of experience and the trust of Tata brand, the Company excels in operational and maintenance services across 275+ cities and demonstrates technological prowess with its indigenous cells and modules. With its strong commitment to customer satisfaction and the extensive network of channel partners further solidifying its position as a trusted leader in the renewable energy sector.

MGL has always been a customer friendly company, consistently and promptly passing reduction in gas costs to its consumers to promote usage of Natural Gas. Due to reduction in gas input cost MGL is pleased to announce reduction in CNG price by Rs 2.5/Kg in and around Mumbai.

The revised MRP of CNG will be Rs 73.50/Kg effective from midnight of 5 th March 2024/ morning of 6 th March 2024.

MGL’s CNG price now offers attractive savings of 53% compared to petrol and 22% compared to diesel at current price levels in Mumbai while delivering unmatched convenience, safety, reliability and environmental friendliness to consumers.

This reduction in CNG price would help to increase the consumption of natural gas in transportation segment, which is a step towards making India cleaner and greener.