Archives 2023

Jorhat, 13 February 2023: Re-emphasizing the need for road safety awareness among the people to build a collision-free India, Honda Motorcycle and Scooter India’s (HMSI) National Road Safety Awareness Campaign reaches Jorhat in Assam.

The two-day camp (10 – 11 February 2023) at Bahona College witnessed spirited participation from over 2000 college students and staff members who set out to imbibe safe riding practices. H MSI’s road safety instructors utilized age-appropriate road safety learning programs to enhance the retention of road safety awareness among all.

Speaking on HMSI’s commitment towards sensitizing India on road safety, Mr. Prabhu Nagaraj, Operating Officer – Brand & Communication, Honda Motorcycle, and Scooter India said, “Road safety education is essential for developing a road safety mindset. HMSI has been conducting a Road safety awareness campaign to develop more responsible road users across the country. With this campaign, we aim to cultivate the right road safety habits amongst the new and upcoming riders as well as help them in understanding the importance of using the roads safely.”

H MSI’s National Road Safety Awareness program made learning fun yet scientific through:

•  SCIENTIFICALLY DEVISED LEARNING MODULE: Honda’s skilled instructors set the foundation with theory sessions on road signs & markings, driver’s duties on the road, riding gear & posture explanation, and safe riding etiquette.
•  PRACTICAL LEARNING: A special training activity on Honda’s virtual riding simulator was executed for all to experience over 100 possible dangers on road before actual riding.
•  INTERACTIVE SESSION: Participants were given danger prediction training known as Kiken Yosoku Training (KYT) which helps in enhancing rider/driver’s sensitivity to danger and ensures safe driving behavior on roads.
•  EXISTING DRIVERS HONING RIDING SKILLS: Students & school staff members who are already existing riders tested & honed their riding skills through slow riding activities and riding on narrow planks.
•  LEARNING IN A FUN WAY: To ensure that the young students could learn more about road safety, Honda also conducted fun educational activities like road safety games and quizzes on daily basis.

Honda Motorcycle & Scooter India’s CSR commitment towards Road Safety:

For Honda globally, road safety comes first. As announced in April 2021, “Honda will strive for zero traffic collision fatalities involving Honda motorcycles and automobiles globally by 2050”. Fulfilling its corporate social responsibility (CSR), HMSI has been promoting road safety in India since its start in 2001. Working towards the realization of Honda’s global safety vision, today HMS I’s road safety awareness initiative has already spread to more than 50 lac Indians. Its team of skilled safety instructors conducts daily programs at its 10 adopted traffic parks across India and 7 Safety Driving Education Centers (SDEC).

Not only this, all HMS I’s 1000+ dealerships across India spread road safety awareness. H MSI’s proprietary virtual riding simulator increases the risk-prediction ability of riders; while new customers to are given predelivery safety advice (PDSA) before they start riding at every dealership across India.

Additionally, to ensure that learning does not stop in the new normal, HMSI started the digital road safety education initiative – Honda Road Safety E-Gurukul. Since its start in May’20, this initiative has sensitized more than 8 Lac Indians on the importance of being aware & responsible road users.

New Delhi, 13th February 2023: Dilli Durbar 2023 is being organized by Dilli Gharana on 10th, 11th & 12th February 2023 (Friday, Saturday & Sunday) at Kartavya Path, Central Vista, New Delhi (India Gate Lawns). Dilli Durbar 2023, the biggest celebration of Indian Classical Music in India (basis the stature and varied congregation of the Musical Maestros and exponents participating), is aimed solely towards the renaissance of age-old Indian Culture and Hindustani Classical Music in the country. Renowned Singer Malini Awasthi and Creator of the Mohan Veena Grammy Awardee Pt. Vishwa Mohan Bhatt Captivate the audience on the opening day of Dilli Darbar 2023

Dilli Gharana, Delhi’s own Music Conservatory and arguably India’s oldest Music Gharana has been promoting Indian Classical Music in every possible way so as to preserve and showcase India’s rich cultural legacy for our next generation.

Late Ustad Iqbal Ahmed Khan saheb, the last Khalifa (Doyen) of Dilli Gharana had seen an open-eyed dream of creating a bridge that will connect the present generation, especially the Youth, with our country’s rich and age-old Indian culture and Hindustani Classical Music. Dilli Durbar is the culmination of that dream.

The 2023 edition of Dilli Durbar is being organized under the aegis of Azadi ka Amrit Mahotsav, Ministry of Culture, Government of India, and powered by IndianOil. It promises to be the most melodious musical extravaganza ever in the city, bringing together the greatest exponents of Indian Classical Arts on one platform to present a grand spectacle, one like never experienced before.

Ustad Iqbal Ahmed Khan, the Founder of Dilli Durbar and the Doyen (or Khalifa) of Dilli Gharana used to say, “I had the great privilege to learn music under the tutelage of great maestros of Indian Classical Arts; they not only taught us the art but also imbibed in us the great culture and traditions of India. I being the flag-bearer of Dilli Gharana feel that it is my responsibility that I now pass on my learnings to the younger generation to refine their sensibilities and to cultivate their taste for these finer things in life.”

This second edition of Dilli Durbar will witness the participation of renowned Music Maestros and Culture proponents including Ustad Wasifuddin Dagar, Shri Hansraj Hans, Ustad Saeed Zafar Khan, Guru Shovana Narayan, Smt Malini Awasthi, Pandit Vishwa Mohan Bhatt; Arts Entrepreneur Sanjoy Roy; and Hindi Film Industry’s personalities like Shyam Benegal, Piyush Mishra & Yashpal Sharma.

Apart from the established personalities, we would also have the younger torch-bearers of Indian Cultural traditions like Antara Nandy, Jayateerth Mevundi, Vusat Iqbal Khan, Pandit Naveen Sharma, Vidya Shah,

Pandit Anantha Krishnan, Shahid, Saami Niyazi Qawwals, and many more. This year we would also see the performance of American citizen Stephanie Gravelle performing Western Classical vocals.

Dilli Durbar 2023 will also be a reflection of Indian Cultural tradition, Music, and its ethos. We are sure this year too our efforts will help in attracting music connoisseurs and the general public from far and wide. The main attractions of our Festival include typical Indian Cultural elements of Music and Dance; and Seminars, Panel Discussions and Performances on them, all led by world-renowned personalities.

Sursagar Society (an NGO which works for the legacy of Dilli Gharana) has instituted the “Sangeet Martand Ustad Chand Khan Lifetime Achievement Award” which this year will be conferred upon Shri Shyam Benegal, the legendary octogenarian Indian film director, screenwriter, and documentary filmmaker, He is the pioneer of parallel cinema who is widely considered as one of the greatest filmmakers India has ever produced.

Ustad Chand Khan was a legendary Indian classical vocal maestro of the 19th Century of the Dilli Gharana of Classical Music and so far the award has been conferred on towering personalities like Pandit Jasraj, Ustad Abdul Rashid Khan, Pandit Birju Maharaj, Ustad Abdul Haleem Jaffer Khan, Ustad Amjad Ali Khan, Pandit Shivkumar Sharma, and Pandit Vishwa Mohan Bhatt.

Shri Shyam Benegal is the recipient of the Dadasaheb Phalke Award, Padma Bhushan, Padma Shri, eighteen National Film Awards, a Filmfare Award, and a V. Shantaram Lifetime Achievement Award. He made his first Documentary film in Gujarati, Gher Betha Ganga in 1962 and his first feature film in 1973 – Ankur. Since then he has made 23 Feature Films, 41 Documentaries, 4 Short Films, and 6 Television Series. He is still busy and directing a biopic on Sheikh Mujibur Rahman named Mujib: The Making of a Nation which will presumably be released this year.

Vusat Iqbal Khan, Co-Founder of Dilli Durbar says, “The idea of Dilli Durbar originated from the fact that many youngsters in the country today are being fed a deadly cocktail of cacophony in the name of Music which is as far removed from true Music as chalk is from cheese. It does not adhere to the basic tenets of music – whether Indian, Western nor any other. Hence, we wanted to reintroduce the young people of India once again with true Indian Music. We hope we will be able to at least make a small change with this initiative of ours.”

World University of Design and IIT Delhi hosted the 3rd International Conference on Functional Textiles and Clothing (FTC 2023) slated for February 10th to 12th, 2023 at LHC 111, Lecture Hall Complex, IIT Delhi, Hauz Khas, New Delhi. The Inaugural Session was conducted on Saturday, February 11th, 2023.

Spread over three days, the conference aims to focus on various aspects of the textile and clothing industry and the technological advancements at play along with its impact on the environment. Representatives from renowned universities from across the globe have been invited to pilot path breaking sessions, sharing their varied experiences and research work with students and faculty members.

The Inauguration session was addressed by Mr. Rajeev Saxena (Joint Secretary, Ministry of Textiles, Government of India) who has thrown light upon the ‘National Technical Textiles Mission’; Prof. Xianyi Zeng (ENSAIT, France) emphasizing upon ‘Creation of a Green Textile Environment Protection Oriented Supply Chain Through Intelligent Digital Form’ and Dr. Mayank Dwivedi (Director, DMSRDE, Kanpur) shared his insights and theories on the topic ‘Textile Materials in Defense Application’.

Chair of the Scientific Committee Prof. Abhijit Majumdar while talking about the response to the conference said, “Over a hundred speakers will be presenting their work in three parallel sessions and 30 researchers will be presenting posters. The speakers are coming from nearly 70 institutions across 20 countries worldwide. This is an excellent response from the scientific committee.”

Prof Sanjay Gupta, Co-Chair of the Organising industry and Vice Chancellor of the World University of Design said, “Textile industry as a whole is multifaceted machinery involving scientific and technical aspects and grosses a huge section of the GDP for India. At the same time, the industry is constantly on the radar of environmentalists for wasteful practices which in the past decade have been checked and rectified across nations and manufacturers to create sustainable and circular chains. Going beyond basic aesthetics and building functionalities in textile and clothing, adds value to the whole supply chain. Hosting this conference with IIT Delhi gives me immense pleasure and I am keen on hearing enriching insights from experts in the field.”

The Conference thus is an enriching opportunity to brainstorm and learn from for students and faculty alike. Touching and pondering over topics across verticals like marketing, engineering, ecology, science, etc involved in the trade of textiles will prove to be the key to taking a voyage towards modernization of the industry, making it relevant to current times whilst gauging the challenges it faces at the hands of changing ecology, consumer trends, etc.

New Delhi, Saturday, Feb 13, 2022: Public Relations Consultants Association of India (PRCAI), joined hands with Indian Deaf Cricket Association (IDCA) for the first time ever, to host a special sporting event of equals at its annual Public Relations Premier Cricket League (PRPCL).

PRPCL 2023 is a celebration of teamwork, and industry camaraderie, and brings everyone together for one of India’s favorite sporting games of cricket. Through this special collaboration, PRCAI welcomes diversity and inclusion of the specially-abled cricketers who are today mainstream players and making a mark on a global stage.

Speaking on the occasion, Deeptie Sethi, Chief Executive Officer, PRCAI, said, “PRCAI’s cricket premier league has become one of the most awaited member events of the year and demonstrates high team spirits, great energy and brings the industry together to celebrate equality and oneness. This new collaboration with the Indian Deaf Cricket Association is ultra-special and an inspiration to see the world of equals. We thank the IDCA team for their enthusiastic and competitive spirit that made this weekend a great sporting event for our PR industry.”

PRCAI’s Vice President, Kunal Kishore added, “We are excited to see the enthusiasm shown by all member firms for this league. Our endeavor through all such activities are to bring the industry together on a fun platform. We have seen growing competitiveness for the tournament and it only reflects how this event is gaining massive traction.”

The sixth edition of PRPCL 2023 (North) was held this weekend on February 18 & 19, 2023 and the Semi-finals and Finals will be held between 14 participating PR consultancies on Saturday, Feb 25. On Saturday, one of the most humbling experiences on the field was witnessing the two benefit matches played between the players from IDCA and Team Archetype and BIU Warriors from Concept BIU on the other side, showcasing the true spirit of sportsmanship in this world-class sport.

Reena Jain Malhotra, Patron of IDCA, Sumit Jain, President of IDCA, Coach Devdutt Baghel, and other committee members joined to motivate and encourage the players.

Roma Balwani, CEO & Brand Custodian, IDCA commented, “This special collaboration of PRCAI – IDCA to promote specially-abled cricket is a testimony to social & diversity inclusion. Thank you team PRCAI for this partnership that truly envisions an equitable world and provides a unique platform to demonstrate & provide equal opportunities for specially-abled cricketing talent. ‘Cricket for a Cause’ is an endeavor to celebrate IDCA’s journey in India & globally to create awareness & mainstream Deaf Cricket. We are thankful to IDC’s ‘Cause Partner’ Hero Motocorp for supporting the PRPCL 2023 Benefit Match & motivating our team.”

PRPCL 2023 matches were streamed live for the first time and cricket fans, consultancy employees can watch online by downloading the MyySport app.

This is the only cricket league in the PR community that encourages both men and women to participate in the games. Each playing team includes a minimum of 2 women players amongst eleven payers. The consultancies are also eligible to invite 2 corporate communications professionals from their respective clients to join the tournament.

Tata Motors, the title sponsor of PRPCL 2023, displayed onsite India’s bestselling Nexon EV at the Gymkhana Club, Delhi, with vehicle walkarounds and test drives. Hero Motocorp and Godrej have been extending continued support to PRCAI for this event. Select category team prizes are sponsored by PR Consultancies including Kaizzen PR, MSL, and Avian We.

Hero Motocorp sponsored cash prizes to IDCA players that were handed over by the dignitaries.

PRPCL was started 6 years ago and is held annually in North and West regions and serves as a platform to interact, network, and enjoy a game that is an active lifestyle today. Stay tuned for matches in Mumbai in March 2023.

For more information about PRPCL and to access the complete list of participating teams and winners subsequently, visit www.prcai.org

Monday 13 February 2023: The Asia Pacific Incentives and Meetings Event (AIME) team, in partnership with the Melbourne Convention Bureau (MCB), have this morning launched their 30-year celebratory event at the Melbourne Convention and Exhibition Centre (MCEC).

AIME is the leading trade event for the meetings and event industry in the Asia Pacific region. It is where industry decision-makers connect, create, and do business. AIME brings together international and local buyers to access the best exhibitors from around the world. The event is owned by MCB and managed by Talk2 Media & Events.

More than 400 hosted buyers, over 350 exhibitors, and 2,000 visitors are expected to attend AIME 2023. With 25 countries represented at AIME and 12,000 meetings pre-scheduled, the show floor is going to be a hive of activity. New event features include: The Accor Hosted Buyers Lounge, a ‘Tech’ area, and a Wellness Café. An enormous kangaroo and a special anniversary lanyard featuring First Nations’ artwork, are some of the ‘touches of Australia’ delegates will be treated to throughout.

AIME commenced this morning with an official press conference at THE LUME, Melbourne featuring The Hon. Steve Dimopoulos MP, Minister for Tourism, Sport and Major Events; Minister for Creative Industries, Julia Swanson, CEO, Melbourne Convention Bureau, Natalie O’Brien AM, CEO, Melbourne Convention and Exhibition Centre and Phillipa Harrison, Managing Director, Tourism Australia (quotes below). The trade show will continue over three days (13-15 February) at MCEC where the industry will come together to celebrate AIME’s 30th Anniversary.

Following the official press conference this morning – Monday 13 February – is AIME’s Knowledge Program: the launchpad for the global events industry to come together and immerse in learning. The program will include an address from Australian tennis star, Jelena Dokic, and will see a mix of industry business leaders and renowned professionals as well as keynote speakers share their knowledge and experience.

Concluding AIME’s first day will be the eagerly anticipated Welcome Event held this evening – Monday 13 February – at Marvel Stadium. The event, which is co-hosted with MCB, will see delegates celebrate on the Marvel Stadium oval where the world’s largest sporting and music events have taken place. State-of-the-art pearl theming celebrating 30 years will be mirrored in a directional menu curated by Victorian producers, Delaware North. Entertainment will pay homage to AIME’s 30-year legacy.

India, 11th February 2023: Unacademy, India’s largest learning platform, announced that 6380 Unacademy Learners secured over 90 percentile of which over 864 Learners scored 99 percentile plus and 67 Learners achieved over 99.9 percentile in JEE Main 2023 Session 1 examination. Over 3748 Learners secured 95+ percentile. 6380 Learners secured over 90+ percentile. The examination will help Learners get admission to top engineering colleges and technical institutes in the country.

Additionally, 2 Unacademy Learners secured the highest percentile in the exam with 35 subject-wise 100 percentiles. Amongst the toppers are, Deshank Pratap Singh (100 Percentile) from Moradabad, Uttar Pradesh, Nipun Goel (100 Percentile) from Hapur, Uttar Pradesh, Toshit Jain (99.98 percentile) from Vadodara, Gujarat, Arnav Agarwal (99.94 percentile) from Mumbai, Maharashtra, and Ayush Jha (99.85 percentile) from Faridabad, Haryana.

Key highlights of the Unacademy JEE Main Session 1 2023 exam results:

• 2 Learners secured 100 percentile
• 33 Learners secured 100 percentile subject-wise
• 67 Learners secured over 99.9 percentile
• 864 Learners secured over 99 percentile
• 1676 Learners secured over 98 percentile

Unacademy is the leading online learning platform for JEE exams. Through best-in-class offerings like high-quality content, 1:1 live sessions, and personalized mentorship from top Educators, Unacademy has emerged as a popular space for Learners to excel in their educational journey. Further with the recent launch of Unacademy Centres across Kota, Lucknow, Noida, Ahmedabad, Patna, and several others, JEE Learners now have access to a premium learning experience with high-tech infrastructure.

Bengaluru, February 11th: In their first encounter against Mumbai Meteors, Calicut Heroes were stunned by the RuPay Prime Volleyball League debutants in the first set. As Mumbai won the set with ease, it seemed like Calicut might not be able to get back to the contest. But with hundreds of fans cheering on at the Koramangala Indoor Stadium in Bengaluru, Calicut Heroes went on to win the remaining sets with ease and picked up a comeback victory.

Speaking ahead of Calicut’s second encounter against Hyderabad Black Hawks, which is set to take place at the same venue on Saturday, star playmaker Jerome Vinith explained how his team managed to get the win despite losing the first set.

“When we entered the match and lost the first set, we were a little bit nervous. Our passes were not going right in the first 10 minutes. But we settled down and spoke to each other after the first set and rectified our errors to come back and win the match,” the attacker said.

Now, set to face off against the young and dynamic Hyderabad side led by SV Guru Prashanth, who have won one of their two games, Vinith said that his squad has made their strategies keeping the opposition’s strengths in mind.

“Hyderabad are a very good team and they can create pressure any moment. We have experienced players in our camp. So we are quite confident. We do not underestimate any opponents, and we have made our strategies keeping Hyderabad’s squad in mind,” he said.

Meanwhile, the Black Hawks were outplayed by the defending champions Kolkata Thunderbolts in their second encounter, as they lost the game 1-4. But attacker Varun GS insists that his team made the errors that cost them the game.

“Our team is quite strong. We picked an easy win in the first game as we played with confidence. In the second game, Kolkata Thunderbolts did not win points, we gave away points ourselves making unforced errors that cost us the game. We look to reduce these errors against Calicut Heroes,” he said.

It has already been seen several times in RuPay Prime Volleyball League powered by A23 that making too many unforced errors can prove to be costly. Bengaluru Torpedoes made 19 unforced errors in their first game against Kolkata and then continued a similar trend against Ahmedabad Defenders on Thursday, and ended up losing both games.

Vinith expands on why it is important to ensure players that they do not give away freebies in the 15-point format. “This is a 15-point match. It is very easy and very difficult to win the matches. If everyone makes one mistake, you have already lost six points. The team that makes fewer errors will win the matches,” he said.

For Hyderabad, two overseas players Trent O’Dea and Carlos Zamora have both proven to be quite effective and Varun opened up on how the two players communicate with the rest of the team during tough moments in a match.

“Trent O’Dea is quite experienced. He guides us a lot when we are going down in a match. He motivates us during the match and gives good advice. Carlos Zamora is also vastly experienced and a great presence on the field.”

While many would expect Hyderabad to get flustered seeing the level of support Calicut Heroes enjoy in the stadium, Varun made it clear that his team will focus on their own game and will not be affected by it.

“I don’t feel our team will get affected by the presence of Calicut fans. We are used to playing amid crowds. We just look to focus on our game. In fact, the stadium was empty last year – but crowds are back now, so it is quite thrilling to play in front of them.”

On the other hand, Vinith feels the fans are part of the Calicut army and he hopes to continue the winning momentum in front of them.

“We are excited to play in front of the fans again. Their presence really motivates us. They are a part of our army and we are eager to get another win against them,” he signed off.

The RuPay Prime Volleyball League powered by A23 will be telecast LIVE on Sony Sports Ten 1 (English), Sony Sports Ten 3 (Hindi), Sony Sports Ten 4 (Tamil & Telugu) & Sony Sports Ten 2 (Malayalam) channels in India and will be streamed on Volleyball World TV outside the Indian subcontinent, starting February 4, Saturday.

Bengaluru, 11th February 2023: Kotak Mahindra Bank (“KMBL” / “Bank”) today announced that it has executed binding share purchase agreement(s) to acquire 100% of equity shares of Sonata Finance Private Limited (“SFPL”), a Non-Banking Finance Company, classified as an NBFC-MFI, from existing shareholders, subject to regulatory and other approvals, including from Reserve Bank of India.

Transaction Structure and Valuation

The acquisition is for an aggregate all-cash consideration of approximately ₹ 537 crores. With this acquisition, SFPL will be a wholly owned subsidiary of the Bank after receiving regulatory and other approvals.

Strategic Rationale

• Financial inclusion: SFPL provides a strong platform to enable the Bank to become a significant player in the financial inclusion segment, catering to economically weaker and underserved households in a commercially viable manner.
• Complementary branch network: As of Dec 31, 2022, SFPL has an Asset Under Management(AUM) of ~₹ 1,903 crores, servicing a customer base of ~9.0 lacs through a branch network of 502 branches across 10 states, which complements the Bank’s microfinance network.
• Potential to scale: The Transaction provides the Bank with the opportunity to scale up its operations in the rural & semi-urban markets in the northern states of India. SFPL is an established microfinance player with almost two decades of experience and a deep understanding of customers in these markets.
• Value accretive: The acquisition is expected to be value accretive from inception given the economies of scale and unlocking of efficiencies along with the Bank’s own distribution footprint and technology. The Bank will also leverage SFPL’s network to provide a wider suite of banking products to SFPL’s customer base matching their emerging banking needs.

Manish Kothari, President – Commercial Banking, Kotak Mahindra Bank said, “Sonata is a leading microfinance player and has built a strong enterprise over the last two decades. This acquisition is in sync with our broad vision and strategy. We had successfully acquired BSS Microfinance in 2017 and since then have been able to integrate & steadily grow our presence in the financial inclusion segment with an advances book in excess of ₹ 5,300 crores serving ~1.3 million borrowers. There are significant potential synergies to be realized as a result of this acquisition and we look forward to continuing serving the customers in a smooth and consistent manner and ensuring their needs are well-served going forward”.

Mr Anup Kumar Singh, CEO and MD of SFPL said, “I am extremely pleased that Sonata will be in the trusted and experienced hands of the Kotak Mahindra Group. Sonata was started with the objective of providing financing to underserved customer segments. I believe this mission is best served in a scalable and sustainable manner on a big bank’s platform. The transaction will bring immense benefits to Sonata’s customers, employees, and other stakeholders. I am pleased that current customer households of Sonata will benefit from Kotak Bank’s full range of products and best-in-class digital services.”

“ I would like to thank all my investors, customers, employees, and other stakeholders who contributed in building the Company to this stage.”

India, 11th February 2023: Valentine’s week has taken an environment-friendly turn for the multi-modal app, Tummoc. The patented public transport commute app decided to put an eco-friendly spin on the celebrated day of lovers by highlighting that Valentine’s doesn’t have to be about extravagant gifts and fancy dinners. The motive of the campaign is to encourage commuters to do things that are both wholesome and planet friendly and spread awareness among them to take public transport instead of using private vehicles to cut down carbon emissions in the city with #LoveIsSimpleMakeItGreen and #LoveForThePlanetToo.

With regard to climate change and the reduction of pollution in big cities, Monalisha Thakur, Co-Founder & CMO at Tummoc said,” Usage of fossil fuels is one of the biggest contributors to greenhouse gases. Our mission is to prioritize urban mobility and this can only happen if people will start traveling more by public transport. Through this small initiative, we want commuters to show some love for the environment. Valentine’s Day can be quite difficult for the environment. But it doesn’t have to be as there are ways to do this sustainably and with love for the Earth.”

The campaign is targeting commuters from 18-35 years of age. It is not only for couples but also for singles and everyone whose first priority should always be mother earth. Tummoc makes the public transport experience more interesting by calculating the time spent in public transport and the amount of carbon users would have emitted in case of private transport usage. Tummoc has also taken an initiative where they plant trees on user behalf on the amount of carbon they have saved by traveling via public transport through their app.

Tummoc started to focus on global warming and other types of pollution that increasing urbanization and resultant urban travel have led to. Its primary goal is to move people from private transport to public transportation and reduce the number of greenhouse gases being released from vehicular movement. It strives to be a carbon-neutral company in the next five years.

This smart commute app has a total user base of 2M+ Users, and is currently operational in 17 cities, having completed 2M+ plus trips so far and Bengaluru users have booked 800K+ BMTC bus passes so far.

Bengaluru, 11th February 2023: Kotak Mahindra Bank Limited (“KMBL”/“Kotak”) today announced an increase in fixed deposit interest rates across select amounts and tenor buckets by up to 25bps.

In the 15 months to 2 years, tenor bucket the Bank now offers 7.25% for deposit amounts Rs.2crs to 5crs and 7.10% for deposit amounts up to Rs.2 cars in the 12 months 25 days to 2 years tenor bucket. Additionally, Senior Citizens are now offered a rate of 7.60% for deposit amounts of up to Rs.2 cars in the same tenor. The revised rates will be effective 10th Feb 2023.

Virat Diwanji, Group President and Head – of Consumer Bank, Kotak Mahindra Bank said, “With the RBI increasing key interest rates, we have passed on the benefit to our valuable customers offering them a higher return on their savings.” *

KMBL’s Revised Fixed Deposit Interest Rates in specific buckets: