Archives October 2024

Mumbai, October 25, 2024 – RR Kabel (RRK), the leading consumer electricals player & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter and half year ended on September 30, 2024.

Commenting on the Results, Mr. Shreegopal Kabra, MD said, – “RR Kabel has delivered its highest-ever quarterly and half-yearly revenues, despite overall moderate volume growth. The Wires & Cables business in the domestic market achieved strong double-digit volume growth, while the FMEG segment recorded solid revenue performance, driven by robust volume growth and an improved product mix, maintaining its position as the fastest-growing among peers. Despite challenges like global shipment delays and higher commodity prices, demand has remained stable. Looking ahead, we expect margin improvements in the second half of the year, with our capex plans progressing as scheduled and set for completion by the fiscal year-end. We are also focused on our long-term vision of achieving double-digit EBITDA margins, breakeven in the FMEG segment, capacity expansion, and diversifying into newer and emerging market opportunities”

New Delhi, 25th October 2024 – NTPC has partnered with the Indian Army to establish a Solar Hydrogen-based Microgrid at Chushul, Ladakh. This significant step will provide a stable power supply using Green Hydrogen in off-grid Army locations. Today, Hon’ble Defence Minister Shri Rajnath Singh laid the foundation stone of this unique project through video conferencing in the presence of Chiefs of India defence services, CMD, NTPC and other senior officials from Ministry of Defence, Indian Army and NTPC.

NTPC has designed this innovative Solar Hydrogen-based microgrid system to operate independently, using hydrogen as an energy storage medium to supply 200kW of power round-the-clock throughout the year. This system will replace existing diesel gensets at off-grid Army locations, providing a sustainable power supply despite harsh winter conditions, where temperatures drop to -30°C at an altitude of 4,400 meters. NTPC will maintain the project for 25 years, aiming to support Indian soldiers stationed in these strategically significant tough terrains and challenging climate.

The Solar-Hydrogen microgrid is set to replace existing diesel generators currently in use at off-grid Army locations. These systems offer numerous advantages, including the integration of renewable energy sources, a stable power supply under adverse conditions, reduced carbon emissions, and the promotion of a cleaner and sustainable energy ecosystem as they are highly scalable and suitable for various applications. Moreover, these systems combine the reliability of battery storage with the extended energy storage capability of hydrogen, ensuring a consistent power supply.

Given Ladakh’s high solar irradiance and low temperatures, this project will facilitate the production and utilization of green energy, eliminating reliance on fuel logistics and enhancing self-sufficiency in remote areas affected by road connectivity disruptions. Once operational, it would usher in a new era of decarbonisation of the defence sector far off the Himalayas.

Additionally, NTPC started a trial run of a hydrogen bus in Leh recently towards achieving its renewable energy targets and carbon neutrality in Ladakh. The company is further setting up a hydrogen fuelling station and solar plant along with five fuel cell buses for operation on intracity routes in Leh.

NTPC is committed to achieving 60GW of renewable energy capacity by 2032 and becoming a major player in green hydrogen technology and energy storage domain. The company is pursuing several initiatives toward decarbonisation, including hydrogen blending, carbon capture, electric buses, and smart NTPC townships.

The Board of Directors of IndusInd Bank Limited approved the financial results of the Bank for the Quarter/ Half Year ended September 30, 2024, at their meeting held in Mumbai on Thursday, October 24, 2024.

NIM at 4.08%, Net NPA at 0.64%, Provision Coverage Ratio at 70%, Capital Adequacy Ratio (CRAR) at 16.51% CASA at 35.87% and Liquidity Coverage Ratio at 118% underscore the strength of operating performance of the Bank and adequacy of capital

CONSOLIDATED FINANCIAL RESULTS

The Bank’s consolidated financial results include the financial results of its wholly owned subsidiary, Bharat Financial Inclusion Limited (BFIL), a business correspondent (BC) of the Bank involved in originating small ticket MFI loans for the Bank and IndusInd Marketing and Financial Services Private Limited (IMFS), an associate of the Bank.

Profit & Loss Account for the Quarter ended September 30, 2024

Net Interest Income for the quarter ended September 30, 2024 at grew by 5% YoY Net Interest Margin for Q2 FY 2025 at 4.08% against 4.29% for Q2 of FY 2024 and 4.25% for Q1 of FY 2025. The Net Interest Margin was lower inter alia as the Bank reduced share of microfinance loans in the overall loans.

Yield on Assets stands at 9.69% for the quarter ended September 30, 2024 and September 30, 2023.Cost of Fund stands at 5.61% as against 5.40% for corresponding quarter of previous year.

Other income  for the quarter ended September 30, 2024 as against for the corresponding quarter of previous year. Core Fee at  against for the corresponding quarter of previous year.

Operating expenses for the quarter ended September 30, 2024 were as against for the corresponding quarter of previous year

Pre Provision Operating Profit (PPOP) at  the quarter ended September 30, 2024 as against for corresponding quarter of previous year.

Net Profit for the quarter ended September 30, 2024 was as compared to  during corresponding quarter of previous year. Net Profit adjusted for contingent provision increase during the quarter was ₹1,725 crores for the quarter ended September 30, 2024.

Profit & Loss Account for half year ended September 30, 2024

Net Interest Income for the half year ended September 30, 2024 increased up by 8% from  corresponding previous half year.

Fee income for the half year ended September 30, 2024, up by 3% from for the corresponding previous half year.

For the half year ended September 30, 2024, the Bank earned Total Income (Interest Income and Fee Income)  as compared  for the corresponding previous half year.

Operating expenses for the half year ended September 30, 2024 were as against for the corresponding previous half year.

Pre Provision Operating Profit (PPOP) for the half year ended September 30, 2024 over the corresponding previous half year .

Net Profit for the half year ended September 30, 2024 as compared to   during corresponding previous half year.

Balance Sheet as of September 30, 2024

Balance sheet footage as on September 30, 2024 as against  as on September 30, 2023, showing growth of 14%.

Deposits as on September 30, 2024 were against , an increase of 15% over September 30, 2023. CASA deposits increased to with Current Account deposits at and Savings Account deposits . CASA deposits comprised 35.87% of total deposits as at September 30, 2024. Retail deposits as per LCR stand as at September 30, 2024 against as on September 30, 2023, up by 16% YoY.

Advances as of September 30, 2024 were against, an increase of 13% over September 30, 2023.

ASSET QUALITY

The loan book quality remains stable. The Gross NPA were at 2.11% of gross advances as on September 30, 2024 as against 2.02% as on June 30, 2024. Net Non-Performing Assets were 0.64% of net advances as on September 30, 2024 as compared to 0.60% as on June 30, 2024.

The Provision Coverage Ratio was consistent at 70% as at September 30, 2024. Provisions and contingencies for the quarter ended September 30, 2024 were compared to  for the corresponding quarter of previous year. This includes increase  in the contingent provisions as a prudent measure by the Bank. Total loan related provisions as on September 30, 2024 were at (2.4% of loan book).

CAPITAL ADEQUACY

The Bank’s Total Capital Adequacy Ratio as per Basel III guidelines stands at 16.51% as on September 30, 2024, as compared to 18.21% as on September 30, 2023. Tier 1 CRAR was at 15.21% as on September 30, 2024 compared to 16.15% as on September 30, 2023. Risk-Weighted Assets were  as against a year ago.

NETWORK

As of September 30, 2024, the Bank’s distribution network included 3040 branches/ Banking outlets and 3011 ATMs, as against 2631 Branches/ Banking outlets and 2903 ATMs as of September 30, 2023. The client base stood at 41 million as on September 30, 2024.

Commenting on the performance, Mr. Sumant Kathpalia, Managing Director & CEO, IndusInd Bank said:

“The Indian economy continued resilient performance despite increasingly turbulent global landscape. The Banking industry however has seen continued competitive intensity for deposits and divergent trends for growth and asset quality in unsecured loans versus secured loans. IndusInd Bank too aligned its strategy focusing on ramping up retail deposit mobilization, maintaining traction on secured loans, de-growing unsecured loans and building conservative buffers on provisions. The outcomes for Q2 were evident in deposit growth of 15% YoY ahead of loan growth of 13% YoY. The NNPAs were stable at 0.64% with 70% provision coverage ratio. The Profit After Tax at  YoY as we build contingent provision buffer this quarter. The Capital Adequacy remains healthy at 16.51% and Liquidity Coverage at 118 % well above regulatory thresholds. The Bank thus has strengthened the balance sheet during the quarter and will look towards growth acceleration in tandem with underlying economy.”

Mumbai, October 25, 2024: Knight Frank India, country’s leading real estate consultancy, has highlighted in its latest report ‘GCC – Driving India’s Real Estate Growth Story’ cited that Global Capability Centres (GCCs) have emerged as the primary occupiers of flex spaces across the country. According to the data analysis from Knight Frank Research, GCC occupied flex seats across eight key markets increased from 17,380 in 2023 to 22,881 in the first nine months of 2024.

GCC Occupied Flex Seats: YoY comparative between 2021 to 2024 YTD

According to Knight Frank India, a year-on-year (YoY) analysis of GCC flex seat occupancy shows a decline in usage from the year 2021 to year 2023, as companies transitioned back to traditional office spaces with the easing of the COVID-19 pandemic. However, 2024 saw a shift with flex seat occupancy by GCCs increasing once again. This resurgence is linked to slower economic growth in the US, prompting companies to leverage India’s cost advantages and talent pool, boosting demand for flexible workspaces. This change highlights India’s cost-efficiency and skilled workforce as key drivers in workspace decisions for global firms.

Bengaluru dominates 41% of GCC focussed flex space occupancy across eight markets in India, underscoring its status as a key tech and corporate innovations hub. In contrast, Kolkata holds just 1% of the flex space share, indicating a limited presence of such centres. This distribution reflects regional preferences, with Bengaluru standing out as the leading market for flex space adoption among GCCs.

Currently, GCCs occupy almost 202.6 mn sq ft of Grade A office space across India’s top six cities, with Bengaluru and Hyderabad contributing three-fourths of this leased space.

From 2018 to Q3 2024, the IT/ITeS sector has continued to dominate the GCC landscape, followed by the BFSI and Consulting sectors. GCCs still lead the chart followed by BFSI and Consulting GCCs. Mumbai leads with the highest percentage of GCCs under the BFSI sector and Bengaluru leads with the highest percentage of GCCs in the IT/ITeS sector.

Of the 1900 GCCs in India, about 66% originate from Americas, with 1,250 from the USA and 30 from Canada, showcasing the region’s major influence. Another 27% of India’s GCCs originate from the EMEA (Europe, Middle East, and Africa) region, reflecting interest from both established and emerging economies. The APAC region, though smaller contributes 7%, with 44 GCCs from Japan, 25 from Singapore, and 15 from Australia.

Shishir Baijal, Chairman and Managing Director, Knight Frank India, said, “India’s GDP growth continues to be the fastest among major economies in the world, attracting attention for its rapidly developing infrastructure and the steady influx of top-tier talent and corporate entities. This, combined with favourable factors such as a stable political climate, a large consumption-driven economy, and a strong regulatory framework in the financial sector have increasingly positioned India as a preferred destination for multinational corporations, with U.S. companies leading the way. The cost-efficient nature of flexible workspaces has further driven a notable increase in occupancy rates among Global Capability Centres (GCCs) in 2024. With a thriving talent pool and competitively priced commercial assets in key markets, GCCs are well-positioned for sustained growth in the coming years.”

The growth drivers for Global Capability Centres (GCCs) in India extend beyond just the BFSI and technology sectors; they now encompass a variety of industries, including manufacturing. With the Indian government investing approximately 3.5% of GDP in infrastructure, significant growth in the manufacturing sector is anticipated in the coming years. Here are a few recommendations to enhance the operation and expansion of GCCs in India.

Innovative Financing Strategies

GCCs in India should consider innovative financing options to maximise tax efficiency and minimise expenses. One such effective method is the lease renting model, which allows GCCs to lease essential items, such as furniture and IT equipment, from third-party providers, thereby benefiting from dividend tax savings.

Exploring new micro markets

GCCs in India should look for new micro locations within cities that offer improved connectivity to metro lines and essential amenities necessary for the effective operation of the GCC ecosystem.

Flexibility

GCCs should also prioritise flexibility in their office space, enabling them to make necessary modifications adjustments in response to the rapidly changing business landscape.

Government policy

State governments in India should develop their own GCC policies, similar to the one introduced by Karnataka, as this would provide a clear roadmap for establishing new GCCs across various states in the country.

Mumbai, 25th October 2024: As the world embraces new ways of exploring, The Gypsy Travel Festival steps in to redefine the travel experience. On 11th and 12th January, 2025, Mumbai will once again play host to the Third Edition of India’s premier curated travel showcase at Jio World Drive, offering travellers a gateway to the world’s most enchanting adventures. The vibrant two-day celebration, curated by the Gypsy Travel Network, blends together travel, culture and global cuisine in a single setting, allowing you to seamlessly plan, customise and book your dream vacation all in one go.

The festival serves as a unique platform, fostering meaningful connections between key players in the travel industry and eager explorers, offering personalised guidance for those seeking adventures beyond the ordinary. Attendees can immerse themselves in virtual reality tours to dream destinations, participate in interactive workshops like perfume-making and origami, enjoy live performances and bespoke experiences artistically recreated to bring alive the richness of global traditions. With exclusive festival-only offers that simplify the booking process, expert insights from industry leaders and over 300 travel products exhibited across the 7 continents, attendees will leave with personalised inspiration for their next vacation, at unbeatable prices.

Speaking about the upcoming edition, Sumit Lulla, Festival Director, stated, “Travel has evolved beyond simply ticking off destinations; it is now about discovering new places, meeting remarkable people, connecting with diverse cultures and crafting unforgettable stories along the way. Our goal is to build a thriving community of aspiring travellers through both online and offline mediums, making us India’s most trusted source of information to elevate your next trip.”

Today, India is witnessing an exhilarating revival in travel, holding the top spot in the APAC Travel Confidence Index. In this dynamic setting, The Gypsy Travel Festival emerges as more than just a source of inspiration—it serves as a pivotal platform for turning travel aspirations into reality. This is your opportunity to turn those long-held desires into unforgettable adventures that will stay with you forever. Just in time for the summer break, whether you are a seasoned traveller or planning your next escape, The Gypsy Travel Festival is your trusted guide every step of the way.

Cultivate your wanderlust, network with fellow travellers and immerse yourself in a transformative journey at the third edition of The Gypsy Travel Festival on 11th and 12th January, 2025 in Mumbai

By Gaurav Bhagat, Managing Director, Consortium Gifts

Diwali, the festival of lights, is a cherished time for celebration, joy, and the exchange of gifts. In recent years, gift cards have gained popularity for their convenience and ease. However, there is a growing movement encouraging a return to the tradition of giving tangible gifts. As someone who has been involved in the gifting industry for over 25 years, I can confidently share why choosing tangible gifts might be a more meaningful and sustainable choice during Diwali.

The Power of Personal Connection

One of the most significant advantages of tangible gifts is their ability to foster a deeper personal connection between the giver and the receiver. When you take the time to select a gift, you send a powerful message: “I thought of you and took the time to find something special.” This level of thoughtfulness not only creates a stronger bond but also makes the recipient feel valued.

Research published in the Journal of Consumer Research indicates that individuals who receive personalised gifts often feel more connected to the giver and are more likely to reciprocate with a gift of their own. This suggests that tangible gifts can help strengthen social relationships and foster a sense of community. According to a recent survey, 73% of respondents aged 22-50 prefer receiving physical gifts, highlighting a desire for more personal and meaningful connections.

There’s also something undeniably exciting about unwrapping a beautifully wrapped gift. The anticipation and surprise add to the joy of receiving a present, creating memorable moments. In contrast, gift cards often lack this element of surprise and excitement. While they may offer convenience, they can feel impersonal and devoid of thoughtfulness.

Sustainability and Environmental Impact

Another important factor to consider when choosing gifts is their environmental impact. At first glance, gift cards may appear to be more eco-friendly as they are often digital or made from recycled materials. However, the production and distribution processes for gift cards can still negatively affect the environment. According to a 2024 study by the National Retail Federation, the environmental cost of producing and shipping gift cards is higher than most tangible gifts when considering their entire life-cycle.

Tangible gifts can be more sustainable if chosen wisely. Opting for handmade or locally sourced gifts not only supports small businesses but also reduces the carbon footprint associated with transportation and production.

The Importance of Tradition

Diwali is a festival rich in traditions. The practice of giving tangible gifts has been an integral part of these celebrations for centuries. By embracing this tradition, we can help preserve the cultural heritage associated with Diwali. Tangible gifts often serve as keepsakes, passed down from generation to generation. They can become family heirlooms, evoking fond memories of loved ones and celebrations.

India – October 24th, 2024: TiE Bangalore has announced that it is targeting over to be available in equity funding for its prestigious TGS100 Start-up Showcase at the TiE Global Summit (TGS) 2024. TGS100 is the premier global startup showcase hosted annually by TiE. It focuses on early-stage technology and technology-enabled startups. The initiative recognizes top startups based on their innovative business models, market traction and strength of IP, providing them with the opportunity to engage with prominent venture capitalists, angel investors, and industry leaders. The TGS100 startups will also receive exposure to a global audience of entrepreneurs, investors, and experts at curated events at TiE Global Summit 2024. The summit will take place in Bangalore from December 9-11, 2024, and in Mysore on 12th 2024.

As of now, the following institutional investors have committed to engage, evaluate and invest (based on their due diligence) in TGS100 Start-ups: 100X.vc, Antler, Arali, Arise Ventures, Athera Venture Partners, Elev8, Ideaspring, IIFL Fintech Fund, Mela Venture, Peer Capital, Prime Venture, SEAFUND, We Founder Circle, Tie India Angels, Tie Global Angels, SWISHIN Ventures. Overall, 750+ investors including 50+ angels from USA are expected in attendance. This commitment to engage and evaluate provided by several esteemed investors reinforces the TiE’s mission to support and accelerate the growth of early-stage startups through mentorship, access to capital, and global networking opportunities.

The TGS100 initiative will be further enhanced by the inclusion of a Super Jury comprising renowned figures from venture capital firms – Vani Kola, MD, Kalaari Capitals; Prashanth Prakash, Partner at Accel; Sudhir Sethi, Founder & Chairman, Chiratae Ventures, Venk Krishnan, NuVentures – NuWare and BV Jagadeesh, Managing Partner, SVQuad whose involvement will add immense weight and credibility to the program. The Super Jury will evaluate the top 10 Startups and provide them with unmatched access to guidance and growth opportunities, setting the stage for these ventures to make a significant impact on the global market. The Top 3 Winners will also receive a cumulative grant of Rs. 50 Lakhs from TiE Bangalore.

Selected startups will pitch in the semi-final round across vertical-specific breakout rooms on December 9, 2024, at TGS24 in Bangalore. The final 10 startups will present their pitches in the Main Hall on December 11, 2024, to over 750+ investors, representing $5 billion in collective capital. This platform offers early-stage ventures a unique opportunity to connect with key industry stakeholders and showcase their innovative solutions to a global audience.

“As TGS100 continues to gain momentum, we expect further investment from domestic and international investors, enhancing the resources available for these startups,” said Naveen Gupta, Chair of TGS100 Initiative and Charter Member, TiE Bangalore. “We are grateful to our current investors for their invaluable support, which will enable participating startups to scale and make a substantial impact in the technology space. This funding will accelerate their growth and further strengthen the entrepreneurial ecosystem.”

Kolkata, Oct 24, 2024: After a strong year-on-year growth of over 46% in business volume in F’24, Mahindra’s Truck and Bus Division (MTBD) today inaugurated a state-of-the-art dealership in Kolkata for the state of West Bengal which adds 14 service bays that can service more than 28 vehicles per day while also providing driver lodging, 24-hour breakdown assistance, and AdBlue availability.

Speaking on the occasion, Mr. Vinod Sahay, President and chief purchase officer – AFS, President – Aerospace and Defence Sector, President – MTBD & CE, Member of the Group Executive Board, emphasized MTBD’s strong presence in the Indian CV market, securing the No. 3 position in various sectors. He highlighted the addition of new dealerships and the BLAZO X, FURIO, OPTIMO, JAYO ILCV range of trucks & CRUZIO Range of buses, equipped with Best-inClass Mileage Guarantee and Double Service Guarantee, as key factors to elevate partners, customers, and the entire ecosystem, further strengthening their market position.

Mr. Sahay emphasized their vehicle’s superior technological prowess, launching the new Mileage Guarantee “Get More Mileage or Give The Truck Back” for BS6 OBD II range of trucks, which promises unmatched value by increasing profitability for transporters. He further added that the state-of-art 3S facility coupled with strong dealer partners will set high customer service standards and expand the MTB business.

Mr. Jalaj Gupta, Business Head – MTBD & CE, Mahindra & Mahindra Ltd. said, “Our vehicles’ superior technological prowess has resulted in higher fluid efficiency”.

The new mileage guarantee, embodied by the motto “Zyada Mileage Nahin toh Truck wapas” will provide unmatched value to our customers.”

Mahindra BLAZO X, FURIO, OPTIMO and JAYO are the only CV truck range in India that gives double service guarantees including best in class fuel efficiency. MTBD has also guaranteed uptime on its Breakdown service by getting the truck back on road in 48 hours, else the Company will pay the customer Rs. 1000/- per day. Additionally, guaranteed turnaround of vehicle in 36 hours at the dealer workshop or company will pay 3000/- per day. Continuous product innovation and customer centricity is at the core of MTBD which has made these guarantees possible.

Mahindra Truck and Bus, in partnership with Ramkrishna Mission Institute, runs a Regional Training Center in Belur Math that has trained over 1,100 technicians in the last 6 years. Additionally, a Fast Response Center in Kolkata, operating for 12 years, ensures timely spare parts supply across an 8,000 sq.ft facility.

Dr Akila V Nephrologist, Aster CMI Hospital, Bangalore

Kidney stones, also known as renal calculi, are hard deposits formed from minerals and salts that crystallize in the kidneys. Affecting millions worldwide, these stones can cause severe pain and discomfort.

The Formation of Kidney Stones
Kidney stones form when urine becomes concentrated, allowing minerals to crystallize and stick together. Several types of stones exist, including calcium oxalate, calcium phosphate, struvite, uric acid, and cystine stones. Factors contributing to stone formation include dehydration, dietary choices, obesity, and certain medical conditions.

Advanced Diagnosis Methods.
Accurate diagnosis of kidney stones is crucial for effective treatment. Here are some advanced diagnostic methods used by healthcare professionals:

1. Imaging Tests
Ultrasound is a non-invasive technique that employs sound waves to generate images of the kidneys and urinary tract, enabling healthcare professionals to visualize stones without the risk of radiation exposure. This method is especially beneficial for pregnant patients and individuals requiring frequent assessments. A computed tomography (CT) scan is an advanced imaging modality that delivers highly detailed cross-sectional images of the kidneys. It is capable of rapidly identifying even small stones and evaluating their precise location, size, and any possible blockages within the urinary tract. Traditional X-rays can detect larger stones; however, they are less effective for certain types, such as uric acid stones, which may not be visible through this imaging method.

2. Laboratory Tests
Laboratory evaluations play a crucial role in diagnosing conditions related to kidney stones. A 24-hour urine collection is conducted to analyze the concentrations of substances that contribute to stone formation, such as calcium, oxalate, and uric acid. This assessment is instrumental in pinpointing individual risk factors. Additionally, blood tests can provide insights into elevated levels of calcium or uric acid, which may suggest an increased likelihood of developing stones, while also aiding in the evaluation of kidney function.

Treatment and Surgery

1. Medications:
Medications are commonly utilized to alleviate pain, with analgesics prescribed to ease discomfort. Additionally, alpha-blockers may be administered to relax the ureteral muscles, promoting the passage of stones.

2. Non-invasive techniques:
Non-invasive techniques, such as Extracorporeal Shock Wave Lithotripsy (ESWL), employ sound waves to fragment stones into smaller pieces that can be expelled through urine. For cases requiring a more hands-on approach.

3. Minimally Invasive Surgery:
Minimally invasive surgical options like ureteroscopy involve the insertion of a slender tube equipped with a camera to either remove or disintegrate the stone. In instances of larger stones, Percutaneous Nephrolithotomy (PCNL) may be performed, which entails a small incision in the back to directly extract stones from the kidney.

4. Open Surgery:
Open surgery might be warranted for particularly large or complex stones, although this method is more invasive and typically involves a lengthier recovery period.

Preventive Measures:

1. Hydration:
Drinking adequate water is essential to dilute urine and minimize the concentration of stone- forming minerals. Aim for at least 8-10 glasses of water daily.

2. Dietary Changes:
Decrease Sodium Consumption: Cutting back on salt can lead to a reduction in the amount of calcium excreted in urine, thereby lowering the likelihood of developing calcium stones.

Restrict Oxalate-Heavy Foods: Consuming foods that are rich in oxalates, including spinach, nuts, and chocolate, can increase the risk of stone formation, particularly for individuals susceptible to calcium oxalate stones.

Calcium Consumption: Although it may appear paradoxical, acquiring calcium through food sources instead of supplements can effectively reduce the risk of stone formation.

3. Maintain a Healthy Weight: Obesity is linked to a higher risk of kidney stones. A balanced diet and regular exercise can help manage weight effectively.

4. Monitor Medical Conditions: Managing underlying health issues like diabetes, hyperparathyroidism, or inflammatory bowel disease can significantly reduce the risk of kidney stone formation.

Mumbai, 24th October 2024: R City Mall, Ghatkopar West, is proud to present a remarkable evening of music and patriotism with a special performance by the Indian Naval Band on 24th October 2024, from 6 PM onwards. The event promises a captivating showcase of musical prowess, celebrating the rich legacy and valor of the Indian Navy.

Visitors will be treated to a musical tribute featuring a diverse selection of tunes that reflect the strength and tradition of India’s naval forces. This performance by the esteemed Indian Naval Band offers a unique opportunity for the public to witness an extraordinary blend of military precision and artistic brilliance, paying homage to the nation’s naval heritage.

Adding to the patriotic fervor of the evening, attendees will also have the chance to take photos with a scale model of the iconic INS Vikrant, a symbol of India’s naval supremacy and a proud emblem of the nation’s maritime history.

R City Mall invites all music and culture enthusiasts to join in this special celebration of the Indian Navy’s contributions to national defense, heritage, and pride. The event is open to all and will enrich families, music lovers, and patriots alike.