Archives May 2024

Here’s your chance to immerse yourself in the vibrant traditions of Punjabi cuisine at Sheraton Hyderabad Hotel’s 10-day food festival – ‘Pind Di Rasoi’, showcasing the culinary mastery of visiting home chef Shanna Oberoi. From 21st to 30th May, ‘Pind Di Rasoi’ will offer guests an opportunity to savor a delectable array of traditional dishes such as Pindi Chole with Kulcha, Keema Mattar, Chicken Patiala, Paneer Alubukhara Kofta and more. With her profound knowledge and passion for authentic Punjabi cooking, Shanna Oberoi brings to the table an array of recipes that have been cherished and handed down over generations. From the robust flavors of Butter Chicken to the perfectly seasoned Chole Bhature, every dish is a celebration of Punjab’s bountiful agriculture and vibrant cultural history.

Punjabi cuisine is not just about food; it’s about a rich culinary heritage and a sense of community. Guests can look forward to an immersive dining experience filled with tantalizing aromas, vibrant flavors, and warm hospitality. Don’t miss this opportunity to embark on a culinary journey to Punjab at the Sheraton Hyderabad Hotel and indulge in an unforgettable dining experience.

Location: Feast, Sheraton Hyderabad Hotel
Dates: Until 30th May 2024
Timings: Lunch from 12:30 PM to 03:00 PM and Dinner from 07:00 PM to 11:00 PM

Hyderabad 23rd May 2024: ITC Aashirvaad Salt today announced the launch of its new Himalayan Pink Salt. Also, known as Sendha Namak or Saindhava Lavana in India, pink salt is considered to be natural as it is sourced from the Himalayan salt mines.

To address apprehension in the minds of consumers regarding unscrupulous practices being adopted, where artificial colors are added to make the salt appear pinkish; Aashirvaad Himalayan PinkSalt comes with the assurance of “No added colors”. It is naturally deeper pink due to the high quality of salt Aashirvaad sources compared to other pink salts available in the market. This is one of the key differentiators and further testifies to Aashirvaad’s commitment towards providing quality and safe products to its discerning consumers.

Aashirvaad Himalayan Pink salt also contains essential minerals like calcium and magnesium. With minimal processing, the new offering enhances the flavor of meals and also assures taste of purity. Further, the multi-layer packaging retains the freshness of the product which consumers can assess instantly through the transparent strip.

Mr. Anuj Kumar Rustagi, COO, Staples and Adjacenciessays,“Our consumers study indicated that they are increasingly adopting pink salt due to its perceived health benefits. This encouraged us to launch the Himalayan Pink Salt. It comes with the quality assurance of Aashirvaad and we look forward to the positive response from our consumers.”

Aashirvaad Pink Salt will be available in Modern Trade/ISS stores across all major metros including Bangalore, Chennai, Mumbai, Delhi, Hyderabad & Kolkata, and e-commerce/quick com platforms. The 1kg pack is priced at ₹120.

Mumbai, India, 23rd May 2024: Huella Services, a powerhouse in digital ad sales monetization, is announcing a dynamic revamp of its leadership team with the induction of three industry veterans as Regional Directors. This bold move will amplify regional accountability and deliver a cutting-edge, integrated approach to maximizing market share for brands and advertisers.

Kush Kapoor steps in as the Regional Director for North India. With over 12 years of robust sales experience, Kush has remarkably transitioned from hospitality to digital ad sales. His tenure at Ventes Avenues, where he spearheaded brand monetization, positions him as a formidable asset to Huella.

Kalyan Chakraborty, or KC, takes the helm as Regional Director for South India. KC brings an impressive 12-year track record in digital ad sales, enriched by his tenure with publishing giants like Times Internet and Indian Express. Known for his innovative, solution-driven strategies, KC is poised to lead Huella’s southern operations to new heights.

Ketaki Hardikar joins as the Regional Director for West India. A luminary in TV sales within the news genre, Ketaki has worked with industry leaders like CNBC and Republic TV. Although she is new to digital, her deep expertise in the BFSI sector and direct client engagement will bring fresh, powerful perspectives to Huella.

Mayura Nayak, CRO of Huella Services, expressed her excitement about the new additions, saying, “We’re thrilled to welcome Kush, Kalyan, and Ketaki to our leadership team. Their exceptional backgrounds and industry insights will be pivotal in turbocharging our regional strategies and delivering unparalleled value to our clients and partners.”

Chennai, 22nd May 2024: Sundaram Finance Holdings Ltd., (“SF Holdings”) has registered a consolidated net profit of ₹269.32 crores for the quarter ended 31st March 2024, an increase of 173% over the ₹98.62 crores for the corresponding period of the previous year. Consolidated profit for the year ended 31st March 2024 went up 125% to ₹533 crores, as compared to ₹237crores registered in the corresponding period of the last financial year.

SF Holdings primarily operates as a holding company owning a portfolio of automotive businesses including foundries, wheels, brakes, turbochargers, axles, and distribution of spare parts. As a result, dividend from portfolio companies forms a substantial part of the financial results. The dividend received from portfolio companies was at Rs. 160.40 crores for the year ended 31st March 2024, as against the total dividend of Rs. 97.43 crores received during the financial year 2022-23.

SF Holdings realized a special gain on the divestment of a part of the Company’s holding in a group company (TVSHoldings Limited). This sale of our holding and capital restructuring by TVS Holdings Limited resulted in a gain of Rs.339 Crores, out of which Rs. 175.66 Crores is reflected in the profit and loss account, and the balance portion is reflected in OCI.

Second Interim and Final Dividend

The Board of Directors have declared a Second Interim Dividend of ₹3.65/- per share ( 73 %) for FY 23-24, in addition to an interim dividend of ₹2.00/- per share (40%) paid during February 2024. Further, the Board of Directors have recommended a final dividend of ₹2.05/- per share (41%) for FY 23-24. This together with the interim dividend declared aggregates to a total dividend of ₹7.70/- per share (154 %) for FY 23-24, as compared to a dividend of ₹4.00 per share (80%) for FY 22-23.

Bengaluru, 22nd May 2024: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, signed a Memorandum of Understanding (MOU) with Axis Bank, one of the leading private sector banks in India, to offer financial solutions to the farmers for purchasing tractors and Farm Mechanisation products. As per the agreement, Axis Bank will provide financial solutions to VST’s prospective customers through its extensive network of 5370+ branches spread across geography.

The MOU was signed by Mr. Antony Cherukara, CEO of VST Tillers Tractors Ltd and Mr. Rajesh Dhage, Business Head of Farm Mechanization, Axis Bank, in the gracious presence of Mr Ramasawmy Gopalakrishnan, Head – Retail Assets for Bharat Banking, Axis Bank, and Mr. V T Ravindra, Managing Director of VST Tillers Tractors Ltd.

As per the MOU both the companies will leverage their extensive footprint to reach out to the farmers community to ensure that they have an easy access to credit facility for adapting farm mechanization. This partnership will enable farmers to avail hassle-free, affordable, and flexible credit facilities to transform the agricultural sector. The Bank will offer flexible repayment options, swift sanctions, and special benefits on EMI options to encourage the farmers to opt for adapting farm mechanization.

Speaking on the occasion of signing the MOU, Mr Antony Cherukara, CEO, of VST Tillers Tractors Ltd. said “We are delighted to partner with one of the leading Banks in the country and make our innovative farm equipment more accessible and affordable to farmers. Our partnership is aligned with our joint goal of enabling farmers in rural India to mechanize farming and thereby increase productivity. At VST, it is our constant endeavour to facilitate ease of farming, by bringing down the overall time and cost of farming and improving output and farm income. We are sure that this MoU will especially help small and marginal farmers in availing hassle-free credit facilities for buying our products.”

Mr. Munish Sharda, Executive Director, and Head – Bharat Banking, Axis Bank, said, “It has been our constant endeavour to engage and empower rural communities and marginal farmers by providing them with the most suitable financial solutions. By partnering with VST Tillers Tractors Ltd, we have combined forces to address various financial challenges faced by these communities, while encouraging them to adopt effective farming techniques. As we strengthen our alliance with numerous partners and pioneers from rural India, we are confident of making a positive and meaningful impact in the lives of millions of farmers across the nation.”

Both organizations share a common vision of empowering farmer community by providing hassle-free solutions and encouraging entrepreneurship in the agricultural sector. Axis Bank will offer easy finance options, with minimal documentation, to encourage farmers to adopt innovative techniques for enhancing their productivity and thereby, increase their income. This collaboration is an important step towards supporting and empowering the agricultural sector.

Pune, 22nd May 2024: Lexicon Rainbow Therapy and Child Development Centre, nestled in the heart of Pune, stands as a beacon of hope and support for children and families navigating the challenges of neurodevelopmental disorders. Founded with a vision to provide holistic care and specialized interventions, Lexicon Rainbow offers a range of services tailored to meet the unique needs of each child.

At the core of Lexicon Rainbow’s approach is a team of dedicated professionals comprising psychologists, therapists, special educators, and allied health professionals. With their collective expertise and unwavering commitment, they work tirelessly to empower children with neurodevelopmental disorders to reach their full potential.

Beyond its clinical offerings, Lexicon Rainbow is deeply invested in community outreach and advocacy initiatives aimed at raising awareness and promoting acceptance of neurodiversity. Through workshops, seminars, and collaboration with educational institutions, the center strives to foster a more inclusive society where every individual is valued and supported.

“ Awareness is the first step to making society inclusive and what better than bringing this awareness to the youngsters who will be future torch-bearers of our country? We will encourage and continue such awareness programs and institutional visits for the students.”, said Mrs.Monisha Sharma, Co-Founder& Director, of The Lexicon Group.

Lexicon Rainbow Therapy and Child Development Centre opened its doors to a group of eager learners studying Psychology. The occasion marked a collaborative effort to delve into the intricacies of neurodevelopment disorders, with students engaging in an enriching exploration of child development milestones, diagnosis, interventions, and available resources.

Guided by a spirit of inquiry and a thirst for knowledge, the students immersed themselves in dynamic discussions and interactive sessions facilitated by the center’s experienced staff. Through close engagement with professionals and fellow students, they sought to gain valuable insights and experiences aimed at deepening their understanding of neurodevelopmental disorders.

“Awareness is the way forward. By encouraging such visits from students it gives them a lot of clarity about what they are studying in their books. It will also help them to further select their expertise for a successful career.”, said Dr.IshaSoni, Centre Head and Senior Occupational Therapist at Lexicon Rainbow Therapy and Child Development Centre, Pune.

With a steadfast commitment to excellence and innovation, Lexicon Rainbow continues to be a beacon of hope for families touched by neurodevelopmental disorders, inspiring change and making a meaningful difference in the lives of children and communities alike.

Hyderabad, 22nd May 2024: Studely, a pioneering FinTech company headquartered in France, has announced its expansion into India. Being first of its kind, Studely will offer tailored financial solutions to Indian students pursuing higher education in France and Germany, directly addressing their challenges.

According to the Ministry of External Affairs of India, an estimated 750,000 students traveled abroad for higher education in the year 2022 and the market is projected for further growth between 2024 and 2032. Recognizing this trend and the financial challenges faced by students (as highlighted by MPOWER Financing’s Social Impact Report, where 83% of students consider it the biggest obstacle), Studely steps in to provide a one-stop solution. The brand is set to simplify financial planning and ensure a smooth and stress-free experience for aspiring Indian students and their families. The company’s core expertise lies in opening and managing EU-compliant ‘blocked accounts’ for international students, a crucial requirement for student visas as it demonstrates sufficient financial resources for their study.

Beyond accounts, Studely additionally offers logistical support like facilitating payments, finding student accommodation, and even securing health insurance among others. The user-friendly mobile app puts control at students’ fingertips, allowing them to access all these services conveniently. With Studely, Indian students can focus on their studies, not on administrative hurdles.

Since its inception in 2016, Studely has rapidly expanded its presence in over 19 countries and has assisted over 25,000 students in pursuing their education in France and Germany. In 2023, the company received the highest French recognition – an invitation by President Emmanuel Macron – a testament to its high-quality services and innovative approach. This prestigious distinction reinforces Studely’s commitment to empowering students and simplifying the path to European education.

Talking about the expansion of Studely in India, Claire Noguera, CEO, Studely said, “India is one of the fastest growing markets for students interested in pursuing higher education abroad, but this dream often remains unachievable due to financial barriers, and that’s where we step in. At Studely, our mission is to address and bridge the very evident gap and empower students to pursue their dream courses. We prioritize a seamless experience for every student by negotiating the challenges of overseas education that these students often face. Our focus is to enable students to concentrate on what really counts: their academic path. We are excited to bring our innovative financial solutions to the vibrant student community in India and we aim to grow 2x in the country by next year. Empowering each student with the correct resources and holistic support is not solely about facilitating their journey abroad, but it is essential to help unlock their full potential and pave the way for their future success.”

Jaipur, 22nd May 2024 – Ryan Edunation School, a leading CBSE school in Jaipur, has achieved a remarkable 100% pass percentage in the CBSE 10th Board Examinations for the year 2024 Leading the school’s outstanding performance are the top scorers, Angel Parchani and Anushka Gupta, who secured an impressive 93.6% in their board exams.
Top Scores of the School

Talking about the performance of its students, Dr Baharul Islam, Principal of Ryan Education School said, “We are elated by the exceptional accomplishments of our students. Their commitment, diligence, and earnest guidance by our teachers have led to these exceptional outcomes. At Ryan Education School, we remain committed to providing a nurturing environment that fosters academic growth and holistic development.”
Ryan Education School Jaipur

At RES Jaipur, we believe that every student can achieve excellence in an atmosphere that is both encouraging and challenging. We strive to provide holistic growth along with the efficiency and vibrancy of an experienced teaching staff. The school is child centric and provides a child-friendly ambience.

The School is affiliated to the Central Board of Secondary Education (1730830), India. The school offers the best resources and facilities for students to develop their full, all-round potential. Our high standards and academic excellence groom our students to be responsible citizens of the world.

Mumbai, 22nd May 2024: The 2024 batch of Class 10 students of LEAD, India’s leading School Edtech, has achieved a significant milestone in their CBSE board exam results. This year, 161 LEAD students scored above 90%, compared to 90 students last year. LEAD offers a complete system for schools to ace board exams with detailed lesson plans, resources for teachers, practice tests, and mock exams for students. Additionally, the LEAD app provides students with unlimited practice opportunities, further supporting their exam preparation.

Top scoring students of LEAD-powered schools include Gainy Akshaya from St. Peter’s High School, Telangana; R. A. Vishaal from Thangam Mount Litera Zee School, Tamil Nadu; and Karnika Paul from Little Flower English School – Alipurduar, West Bengal; all of whom scored 98%. Other high achievers include Shaurya Kishorkumar Shinde from LEAD School Karmala, Maharashtra, who scored 96.8%; and Sidharam Kore from LEAD School Akkalkot, Maharashtra, who scored 96.6%. Several LEAD students have also scored a perfect 100 in subjects such as Mathematics, Social Science, and Music.

Sumeet Mehta, CEO and Co-Founder, LEAD Group, said, “My heartiest congratulations to the 2024 LEAD cohort for their stellar performance in the CBSE Class 10 board exams! Their remarkable academic achievement underscores our belief that with the right school education, every student has the potential to excel, regardless of their location or background. At LEAD Group, we take immense pride in our students’ successes and remain committed to driving holistic educational transformation, one school at a time.”

LEAD Group is improving learning outcomes in schools across India while building 21st-century skills and student readiness for future careers. LEAD’s Integrated School Edtech System is already implemented in 9000 schools across 400+ towns and cities in India; reaches 5 million students; and empowers over 50,000 teachers. LEAD-powered schools offer an international standard of education and national-level exposure, promoting all-around growth and building confidence in students.

LEAD Group provides an advanced CBSE curriculum to schools across India, and offers state board programs in Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Andhra Pradesh, Karnataka, Telangana, Tamil Nadu, and J&K. LEAD’s curriculum, aligned with the National Education Policy (NEP) and the National Curriculum Framework for School Education (NCF), adheres to the latest guidelines prescribed by each board, ensuring a holistic education for every child, complete with future-ready skills such as Coding and Robotics.

BENGALURU, 22nd  May 2024: Royal Orchid Hotels Ltd. (ROHL) today announced the signing of ‘Regenta Resort’, a luxury 5-star escape near the World’s tallest statue, Statue of Unity in Gujarat’s Kevadia town. The 15th ROHL branded hotel in Gujarat, Regenta Resort will be strategically located near this world-renowned tourist attraction and help enhance the offerings to the burgeoning tourism market in the state.

With 49 exceptionally appointed rooms, pool villas and suites, and multiple F&B options, Regenta Resort will be the first luxury hotel to operate near the Statue of Unity. Leisure facilities in the hotel include a swimming pool, wellness center, and gymnasium, lawns with landscaped gardens are some of the other magnificent amenities of this idyllic retreat.

In and around the property, there are a host of tourist attractions now being put on the tourist map. Its proximity to popular surrounding attractions like the Valley of Flowers, Butterfly and Cactus Garden, and Arogya Van, among others, will ensure guests have a host of activities in and around the property.

The world’s tallest statue, the Statue of Unity (SOU), in memory of Sardar Vallabhbhai Patel, an exemplary figure and the country’s first Deputy Prime Minister, who played a pivotal role in India’s independence movement. Introduced in 2018, the statue was instrumental in elevating Gujarat to the international tourist circuit and bolstering the region’s economy and tourism.

Speaking about the signing, Chander K Baljee, Chairman and Managing Director, ROHL said, “The opening of the Statue of Unity has created unique tourism opportunities for Gujarat’s vibrant economy. We are delighted to announce Regenta Resort at Statue of Unity, consistent with our ambition of growing our company in every location around the country by offering guests quality hospitality experiences in locations that didn’t exist until a few years ago.”

The signing of new property is part of ROHL’s rapid expansion plans in the state of Gujarat. The hospitality chain commenced operating the state’s largest all-suite hotel in Surat last month and has several new hotels in the pipeline in Gujarat. Regenta Resort at the Statue of Unity will open its doors to guests in the coming months.