All posts by Sujata Achary

Chandigarh, 7th February 2025: Shri Jayant Chaudhary, Hon’ble Minister of State (I/C), Ministry of Skill Development and Entrepreneurship (MSDE) and Minister of State, Ministry of Education inaugurated the NSDC International Academy, a state-of-the-art facility designed to provide world-class skill development and training programs. The NSDC International Academy is a landmark initiative designed to bridge the gap between Indian youth and global employment opportunities. It will serve as a center of excellence, offering specialized training programs aligned with the skill demands of countries like Germany, Japan, and Israel. Shri Chaudhary flagged off the departure of 11 candidates headed to Germany and toured the NSDC International Academy, engaging with students enrolled in its programs and also experiencing the AI and VR facilities, and advanced labs present at the center, interacting with students about their life journeys, and offered them motivation.

Delivering his address, Shri Jayant Chaudhary, Hon’ble Minister of State (I/C), Ministry of Skill Development and Entrepreneurship (MSDE) and Minister of State, Ministry of Education, Govt. of India mentioned, “We must recognize that young India is breaking barriers, moving beyond traditional career paths, and looking at new opportunities. The NSDC International Academy is a testament to this shift—equipping our youth with the skills, confidence, and global exposure they need to succeed. A great building and infrastructure are important, but the real strength of any institution is its people—the trainers, students, and programs that drive it. With our skilling budget increasing from ₹3,300 crores to ₹6,100 crores, we are strengthening initiatives like this academy, ensuring young Indians get industry-relevant training, language skills, and cultural readiness. A Viksit Bharat by 2047 will be built by individuals ready to take on global challenges, and our job is to make sure they have the right support to get there.”

He added, “Prime Minister Shri Narendra Modi Ji is very passionate about skilling, and takes pride in what our ministry is achieving. Skill India program and ITI rejuvenation program, announced in the last budget will have a huge impact, in increasing our capacity to skill our young people.”

This center aims to empower individuals with the skills needed to thrive in today’s competitive global workforce. The academy specializes in internationally recognized language certifications, ensuring that candidates receive globally accepted qualifications. These include OSD and GOETHE certifications for German, JLPT for Japanese, and ISLETS for English, making graduates well-prepared for global opportunities.

Addressing the audience, Shri Ved Mani Tiwari, CEO, of Nation Skill Development Corporation said, “In our journey of making India a global skill capital, today is a pivotal moment as our honorable minister Shri Jayant Chaudhary inaugurates this center, fulfilling the dreams of our honorable prime minister Shri Narendra Modi Ji. The World Economic Forum report says that in the next 25 years, 100 crore people will join the global workforce, with every third and fourth person being Indian. The coming years will ensure that India plays a dominant role in the global economy and contributes significantly to the dollar economy.

Our initiatives at this center equip youths with world-class language proficiency and advanced technical skills, preparing them for careers in Germany, Japan, Israel, and the UK. With cutting-edge training in sectors like caregiving and with the support of Industry 4.0, we are readying our talent for global opportunities.”

With a target of training over 1,000 candidates annually, the NSDC International Academy is committed to addressing the demands of both local and international job markets. As part of its mission to enhance employability, the academy will provide placement assistance and establish partnerships with industry leaders to facilitate valuable interview opportunities for its graduates.

The NSDC International Academy in Greater Noida stands as a flagship initiative of the National Skill Development Corporation (NSDC), dedicated to transforming India’s workforce by providing training and certifications recognised globally. This premier skill development institution offers specialised courses in various fields, including foreign languages, healthcare, employability skills, and aviation, ensuring that Indian youth are well-prepared for international career opportunities.

The facility features modern classrooms equipped with interactive technology and advanced labs focused on soft skills and language learning with resources that will enable hands-on training and practical application of the learnings. The academy also includes dedicated counselling rooms to provide career guidance and psychological support, fostering holistic development among students. With residential facilities accommodating up to 500 candidates, the NSDC International Academy offers an immersive learning environment that promotes both academic and personal growth.

With a target of training over 1,000 candidates annually, the NSDC International Academy is committed to addressing the demands of both local and international job markets. As part of its mission to enhance employability, the academy will provide placement assistance and establish partnerships with industry leaders to facilitate valuable interview opportunities for its graduates.

Chandigarh, February 7, 2025: The Border Gavaskar Trophy 2024-25 has delivered unprecedented viewing figures on the JioStar network with TV viewership growing by 74% compared to the previous edition of the series in Australia. The India-Australia rivalry, branded The Toughest Rivalry by the JioStar network, has hit a new high with the series in 2024-25 becoming the second most watched Away test series for the Indian team on Television. The series was watched by 192.5M viewers on TV, recording 52 billion minutes of total Watch-time across television and digital platforms. Despite the sub-optimal match timings due to the time difference, this series also became the second most-watched test series on Indian Television (including India’s home and away test series) with the No.1 spot also belonging to this rivalry with the BGT trophy in 2017.

The five-language live broadcast of the series which produced cinematic moments of cricket, dramatic performances by cricketers from both nations, intense competition throughout, and culture-defining events, captivated the attention of fans and registered an impressive 49% increase in Television watch time compared to the 2020 edition. The viewing experience was enhanced with a meticulously selected line-up of Indian experts including Cheteshwar Pujara, Irfan Pathan, Sunil Gavaskar, Harbhajan Singh, Murali Vijay, and Ravi Shastri, combined with key Australian voices such as Adam Gilchrist, Justin Langer, and Matthew Hayden. The carefully crafted story-telling approach was elevated by engaging world-class neutral voices such as Mark Nicholas and Wasim Akram who joined Star Sports’ exceptional presenters Jatin Sapru and Mayanti Langer and creators Sahiba Bali and Aakash Gupta.

“We are proud to have institutionalized ‘The Toughest Rivalry’ as a unique descriptor of India-Australia matches. After the success of establishing ‘The Greatest Rivalry’ as the universally accepted nomenclature for India-Pakistan clashes, this was the next step in ‘identification’ of another key rivalry. The coverage of BGT 2024-25 also demonstrated our commitment to delivering a world-class on-screen sporting experience to millions of fans. From a brand-new design package to the advent of new cameras, we strived to provide a deeply immersive experience to sports fans. We are proud that our Hindi coverage garnered appreciation from the Indian diaspora across the world and are grateful to Cricket Australia for their trust and collaboration, which has been instrumental in bringing ‘The Toughest Rivalry’ alive in such a spectacular manner” – said Sanjog Gupta, CEO Sports, Jio Star

“We’re extremely grateful to our broadcast partners who provided world-class coverage by producing iconic images and insightful analysis throughout the summer. That 192.5 million viewers watched the Border-Gavaskar Trophy series on Jio Star in India again demonstrates cricket’s ability to reach vast international audiences and the enduring global interest in Test cricket.” – said Nick Hockley, CEO, of Cricket Australia

The network’s well-rounded marketing campaign, ‘The Toughest Rivalry’, promoted the Australian summer and high-quality broadcasts beginning September 2024 that fuelled the surge in viewership. These efforts were further enhanced through exclusive interviews with Australian stars Steve Smith, Nathan Lyon, Mitchell Starc, Pat Cummins, Travis Head, and Usman Khawaja, among others. Star Sports Network also produced ‘Boiling Point’, a critically acclaimed multi-episode docuseries, chronicling the storied 2008 tour which elevated the India-Australia rivalry.

Star Sports Network also brought viewers closer to the action with immersive storytelling through expert commentary in English, Hindi, Tamil, Telugu, Kannada, with compelling narratives that celebrated this historic rivalry across decades. Flagship shows like ‘Follow The Blues’ took viewers up-close to the Indian contingent and provided real-time updates from warm-up fixtures, press conferences, and net sessions. In addition, the JioStar network also launched fan-engagement initiatives across Disney+ Hotstar and ESPN Cricinfo including a vote to decide the greatest performance by an Indian in Australia, which witnessed participation from over 1.5M fans. JioStar network also leveraged the power of community and conversations via engaging social media initiatives across Star Sports’ handles.

Chandigarh, February 7, 2025: Hexaware Technologies Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity share of the face value of ₹1 each (“Equity Shares”) on Wednesday, February 12, 2025. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, Tuesday, February 11, 2025. The Bid/ Offer Closing Date is Friday, February 14, 2025.

The Price Band of the Offer has been fixed from ₹ 674 per Equity Share to ₹ 708 per Equity Share. Bids can be made for a minimum of 21 Equity Shares and multiples of 21 Equity Shares thereafter.

The initial public offering comprises an offer for the sale of Equity Shares aggregating up to ₹ 8,750 crores by CA Magnum Holdings (the Promoter Selling Shareholder).

The Offer is being made in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, (the “SCRR”) read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process, in compliance with Regulation 6(1) of the SEBI ICDR Regulations, wherein in terms of Regulation 32(1) of the SEBI ICDR Regulations, not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Category”), provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Category to Anchor Investors, on a discretionary basis by the SEBI ICDR Regulations (the “Anchor Investor Portion”), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which Equity Shares of face value of ₹ 1 each are allocated to Anchor Investors (the “Anchor Investor Allocation Price”). In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares of the face value of ₹ 1 each shall be added to the QIB Category (other than Anchor Investor Portion) (“Net QIB Category”).

Further, 5% of the Net QIB Category shall be available for allocation on a proportionate basis to Mutual Funds only and the remainder of the Net QIB Category shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Category, the balance of Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Category for proportionate allocation to QIBs.

Further, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Investors (“NIIs”) (the “Non-Institutional Category”) of which one-third of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹ 200,000 and up to ₹ 1,000,000 and two-thirds of the Non-Institutional Category shall be available for allocation to Bidders with a Bid size of more than ₹ 1,000,000 provided that under-subscription in either of these two sub-categories of the Non-Institutional Category may be allocated to Bidders in the other sub-category of the Non-Institutional Category by the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price.

Further, not less than 35% of the Net Offer shall be available for allocation to Retail Individual Investors (“RIIs”) (the “Retail Category”), in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.

Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price.

All Bidders (other than Anchor Investors) shall mandatorily participate in this Offer through the Application Supported by Block Amount (“ASBA”) process, and shall provide details of their respective bank account, including UPI ID for UPI Investors in which the Bid Amount will be blocked by the SCSBs or the Sponsor Banks, as the case may be. Anchor Investors are not permitted to participate in the Offer through the ASBA process.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) (the “Stock Exchanges”).

Kotak Mahindra Capital Company Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited, HSBC Securities and Capital Markets (India) Private Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers (“BRLMs”) to the Offer.

Chandigarh, 7th February 2025 – The Kyoorius Creative Awards 2025 (KCA25) are now open for entries, inviting India’s creative community to step forward and #LeaveYourMark.

Entrants have till 17 April 2025 to submit entries.

Judging is scheduled to begin on 24 April 2025, and the awards will culminate at the 2025 Kyoorius Creative Awards Night on 23 May 2025, at the Jio World Convention Centre, in BKC, Mumbai.

Rajesh Kejriwal, Founder and CEO of Kyoorius, shared his vision for KCA25: “Since 2014, the Kyoorius Creative Awards have celebrated impactful creativity. With #LeaveYourMark, we aim to recognize work that sets new benchmarks, resonates deeply with the audience, and delivers results.”

Kyoorius has also rolled out strategic updates designed to simplify and enhance the entrant experience. The awards are now streamlined into eight tracks: Advertising, Regional Advertising, Craft, Experience and Engagement, Entertainment, Sector Specific, Creativity for Good, and the ZEE Equality Award.

The ZEE Equality Award continues to be presented by Indian Creative Women (ICW).

Additions to the 2025 awards include the debut of the B2B discipline, celebrating exceptional business-to-business creativity, and a Humour sub-category across multiple disciplines, recognizing the need to encourage the craft of wit in storytelling. The Use of AI category has also been updated to reflect its growing significance in creative work.

Chandigarh, Feb 07, 2025: Kalyan Jewellers has announced the launch of Crafting Futures, a transformative CSR initiative and a cornerstone of the With Love brand philosophy. This initiative is dedicated to improving the livelihoods of jewellery artisans, preserving craftsmanship, and fostering community development. To lay the foundation for this initiative, Kalyan Jewellers has committed Rs 3 crore towards its implementation, ensuring tangible and lasting impact from the very start.

To create a larger collective impact and drive meaningful change, Kalyan Jewellers is inviting its partners and stakeholders to join the movement. Crafting Futures is an ongoing effort and a long-term action plan, that is set to evolve and expand in the years ahead.

“Jewellery is not just about gold and gemstones – it carries the soul and artistry of the karigars who bring each piece to life. Their craftsmanship is a living tradition that must be nurtured and passed on. With Crafting Futures, we are ensuring that traditional craftsmanship evolves with modern advancements, taking a stand for the artisans who have upheld our industry’s legacy for generations. We invite our partners to join us in this mission, ensuring a future where every artisan is valued, empowered, and supported,” TS Kalyanaraman, Managing Director, Kalyan Jewellers said.

Crafting Futures is not just a CSR project – it is a movement to create lasting change. The initiative focuses on bridging tradition with innovation by improving workspaces, introducing technology, and providing upskilling opportunities. This approach not only preserves the legacy of craftsmanship but also equips artisans with the skills needed to thrive in a changing industry. Additionally, the initiative will support artisans’ children’s education, provide healthcare, and drive long-term financial stability for artisans and their families.

As Kalyan Jewellers takes this initiative forward, the company invites its long-term partners and stakeholders to join this collective effort. Together, the mission is to build a sustainable ecosystem where artisans thrive, their traditions endure, and their contributions are truly recognised.

Chandigarh, February 7, 2025: Mahindra’s Electric Origin SUVs have set new benchmarks with world-beating features, making it an #UnlimitIndia pride moment. Driven by the overwhelming response by customers who want to access these world beaters at multiple price points, Mahindra is opening bookings for all packs of the XEV 9e and BE 6 starting February 14, 2025, 9 AM. To support this, a structured production ramp-up is being implemented, with timelines for each variant being shared.

Chandigarh February 7, 2025: Ajax Engineering Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity share of the face value of ₹1 each (“Equity Shares”) on Monday, February 10, 2025. The Anchor Investor Bidding Date is one Working Day prior to the Bid/Offer Opening Date, Friday, February 7, 2025. The Bid/ Offer Closing Date is Wednesday, February 12, 2025.

The Price Band of the Offer has been fixed from ₹ 599 per Equity Share to ₹ 629 per Equity Share. Bids can be made for a minimum of 23 Equity Shares and multiples of 23 Equity Shares thereafter.

The initial public offering comprises an offer for sale of up to 20,180,446 Equity Shares (“Offered Shares”), consisting of up to 1,716,102 Equity Shares by Krishnaswamy Vijay, up to 1,716,102 Equity Shares by Kalyani Vijay, up to 2,288,136 Equity Shares by Jacob Jiten John, up to 5,593,221 Equity Shares by Jacob Hansen Family Trust, up to 1,430,085 Equity Shares by Susie John, and up to 7,436,800 Equity Shares by Kedaara Capital Fund II LLP.

The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. The Offer is being made through the Book Building Process and is in compliance with Regulation 6(1) of the SEBI ICDR Regulations wherein in terms of Regulation 32(1) of the SEBI ICDR Regulations, not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”) provided that our Company in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis by the SEBI ICDR Regulations (“Anchor Investor Portion”), of which at least one-third shall be available for allocation to domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares each shall be added to the Net QIB Portion.

Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors) including Mutual Funds, subject to valid Bids being received at or above the Offer Price.

However, if the aggregate demand from Mutual Funds is less than 5% of the QIB Portion, the balance Equity Shares each available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one-third of such portion shall be reserved for applicants with application size of more than ₹0.20 million and up to ₹1.00 million; and (b) two-third of such portion shall be reserved for applicants with application size of more than ₹1.00 million provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of Non-Institutional Bidders and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders (“RIBs”) by the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price

All potential Bidders (except Anchor Investors) are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective bank accounts (including UPI ID for UPI Bidders using UPI Mechanism) (as defined hereinafter) in which the Bid amount will be blocked by the SCSBs or the Sponsor Banks, as applicable, to participate in the Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion of the Offer through the ASBA process. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price.

The Equity Shares of the Company are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”) (the “Stock Exchanges”).

ICICI Securities Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, Nuvama Wealth Management Limited and SBI Capital Markets Limited are the Book Running Lead Managers (“BRLMs”) to the Offer.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the red herring prospectus dated February 4, 2025.

Chandigarh, Feb 07, 2025: Amazon India today signed a Memorandum of Understanding (MoU) with ARGA, an initiative of the Government of Uttar Pradesh, to enable women entrepreneurs in and around Gonda district to leverage e-commerce and build their businesses. The collaboration was formalized at a special event celebrating World Wetlands Day at the Parvati Arga Bird Sanctuary. The dignitaries present at the event included Shri Yogi Adityanath, Hon’ble Chief Minister of Uttar Pradesh, Shri Kirti Vardhan Singh, Hon’ble Minister of State for Environment, Forest & Climate Change and Minister of State for External Affairs, Shri Arun Kumar Saxena, Hon’ble Minister of State (IC) for Forest & Environment, Zoological Garden, Climate Change, Government of Uttar Pradesh and Shri Krishan Pal Malik, Minister of State for Forest & Environment, Zoological Garden, Climate Change, Government of Uttar Pradesh.

As part of the MoU, Amazon will support women-led businesses associated with Brand ARGA through its Saheli program. This includes providing training in digital and performance marketing, product listing optimization, and advertising methods. Women entrepreneurs from the region will also gain access to data-driven insights and metrics to better understand customer expectations and market opportunities. The collaboration will also enable Brand ARGA to list its diverse range of products, including pickles, jams, flour, namkeen, gram flour, noodles, and more, on Amazon.in.

On this occasion, Shri Yogi Adityanath, Hon’ble Chief Minister of Uttar Pradesh, said, “At Parvati Arga, we are empowering local women through Self-Help Groups (SHGs). With Amazon’s support, these SHGs will now have the opportunity to sell their products online. While our products have always been of high quality, we have now addressed packaging challenges, and with organizations like Amazon onboard, marketing hurdles are also being overcome. Initiatives like these play a crucial role in advancing the Hon’ble Prime Minister’s vision of Aatmanirbhar Bharat and reinforcing the ‘Vocal for Local’ movement.”

Sharing his views on this occasion, Shri Kirti Vardhan Singh, Hon’ble Minister of State for Environment, Forest & Climate Change and Minister of State for External Affairs, said, “We appreciate Amazon India’s initiative to promote Brand ARGA, a pioneering initiative which is revolutionizing the local businesses by women entrepreneurs of Gonda district. With this MoU, the women of Gonda will be able to sell their products all across the country. Let us all work together to help local artisans and entrepreneurs reach new heights.”

Gaurav Bhatnagar, Director-Sales, at Amazon India, said, “Our collaboration with ARGA reflects Amazon’s commitment to working together with government initiatives to empower women entrepreneurs. By combining the reach of e-commerce with the rich diversity of local products from the Gonda district, we can create growth opportunities for women entrepreneurs in the region. Our Saheli program will provide them with the digital tools and knowledge they need to thrive in today’s market. We strongly believe this partnership can contribute meaningfully to inclusive growth and support the vision of a Viksit Bharat.”

Brand ARGA addresses a crucial issue faced by local businesses – the lack of proper branding and packaging for their diverse range of products, including pickles, jams, namkeen, gram flour, noodles, and more. It enables SMBs to market their products under the brand name ‘ARGA’ in the local/international markets. In the first phase, more than 55 products, including food products, manufactured by the SMBs of Gonda district, have been given a new identity under ARGA.

Amazon Saheli program was launched in 2017, with the aim to enhance the awareness and accessibility of locally made products from women entrepreneurs and local women owned businesses in India. As part of this initiative, Amazon works with partners to drive digitization and provide requisite tools to woman entrepreneurs, which enables them to become successful in their digital endeavors. Today, Amazon Saheli has 60+ partners with a reach of 16 lakh+ women entrepreneurs from urban and rural sectors, along with 1.8 lakh+ women made products products across ten categories like apparel, jewelry, groceries, etc. More than 80,000+ women artisans are involved in this partnership and benefit from it. The artisans produce and sell these products to support their livelihoods.

Amazon India has provided numerous opportunities for women across its ecosystem, including Seller Partners, Operations Network Partners, Community Beneficiaries, Employees, and Associates, all of whom play crucial roles in positively impacting Amazon’s diverse customer base throughout the country. It has introduced various benefits, programs, and initiatives to empower women, within and outside its organization.

Chandigarh, 07 February 2025: Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited (“Mahindra Finance”) and Manulife Investment Management (Singapore) Pte. Ltd., has introduced the Mahindra Manulife Value Fund, an open-ended equity scheme designed for investors seeking long-term growth through a value investing approach. The fund aims to identify and invest in fundamentally strong yet undervalued companies, unlocking their potential for sustainable returns.

The Mahindra Manulife Value Fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments of fundamentally strong yet undervalued companies. The fund follows an active investment strategy, identifying stocks trading below their intrinsic value with high turnaround potential. Capitalizing on potential stock re-rating and earnings growth, it offers investors a compelling opportunity to build wealth over time.

Anthony Heredia, MD & CEO of Mahindra Manulife Mutual Fund, emphasized the relevance of this offering, stating, “Value investing has long been a time-tested strategy for sustainable wealth creation. With this fund, we aim to identify fundamentally strong businesses available at attractive valuations, providing investors with a structured approach to unlocking long-term growth potential. This offering is well-suited for those looking to build a resilient core portfolio while capitalizing on market opportunities.”

Mahindra Manulife Value Fund will be managed by Krishna Sanghavi, Chief Investment Officer – Equity, who brings over 30 years of experience in the Indian equity markets, along with Vishal Jajoo, Fund Manager – Equity.

Krishna Sanghavi outlined the fund’s core objective: “Our approach integrates fundamental research with valuation-based stock selection. The goal is to build a well-diversified portfolio by identifying undervalued businesses with strong financials, sustainable competitive advantages, and robust growth potential. The fund follows a disciplined investment framework to maximize risk-adjusted returns over the long term.”

The investment approach of the Mahindra Manulife Value Fund combines bottom-up stock selection with a focus on companies trading below their historical valuation multiples. The fund will actively manage portfolio allocation across market capitalizations, leveraging fundamental analysis to uncover quality businesses with strong cash flows and management efficiency. By following a structured value investment process, the fund aims to unlock potential in sectors and companies poised for long-term growth.

The Mahindra Manulife Value Fund is ideal for investors seeking to invest in fundamentally sound yet undervalued stocks. The New Fund Offer (NFO) opens on 7th February 2025, with the subscription window closing on 21st February 2025. The fund will subsequently reopen for continuous sale and repurchase from 5th March 2025.

** The product labelling /risk level assigned for the Scheme during the New Fund Offer is based on internal assessment of the Scheme’s characteristics or model portfolio and the same may vary post New Fund Offer when the actual investments are made.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Disclaimer:

The views expressed here in this document are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the user. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the user. This note has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. While utmost care has been exercised while preparing this presentation, Mahindra Manulife Investment Management Private Limited (MMIMPL) does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The data/statistics, wherever provided, are given to explain general market trends in the securities market, it should not be construed as any research report/research recommendation. Users of this presentation should rely on information / data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Neither Mahindra Manulife Mutual Fund, MMIMPL nor Mahindra Manulife Trustee Private Limited, its directors or associates shall be liable for any damages that may arise from the use of the information contained herein.

Chandigarh February 07, 2025: SBI General Insurance, one of India’s leading General Insurance companies, is delighted to join hands with the Ministry of Agriculture & Farmer Welfare, Government of India for the forthcoming ‘Meri Policy Mere Haath’ campaign, a doorstep policy distribution drive under the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheduled to run from 1st February to 15th March 2025, this campaign aims to provide physical policy documents to the farmers at their doorsteps to ensure awareness among farmers about the benefits of crop insurance & seamless crop insurance experience.

The aim of the “Meri Policy Mere Haath” campaign initiative is to empower farmers by ensuring transparency, accessibility & awareness in terms of central Toll-free no. 14447, National Crop insurance portal to lodge intimations in case of losses. The initiative focuses on delivering crop insurance policy documents directly to farmers, promoting awareness about the scheme’s benefits, and strengthening trust in the process. It helps farmers stay informed about their crop coverage, claims, and enrolment process under the PMFBY Scheme. During the campaign, SBI General will be conducting awareness workshops such as Fasal Bima Pathshala, Women centric workshops etc. in 8 states namely Madhya Pradesh, Uttar Pradesh, Uttarakhand, Odisha, Assam, Tamil Nadu, Maharashtra & Andhra Pradesh to sensitize farmers about the PMFBY Scheme and its benefits. The campaign will also leverage social media campaigns with dedicated hashtags like #MeriPolicyMereHaath, #PMFBY, #FasalBimaKarao, and #AtmanirbharKisan to amplify awareness and participation.

Speaking of the event, Mr. Naveen Chandra Jha, MD and CEO of SBI General Insurance, said “At SBI General Insurance, we are deeply committed to empowering India’s farming community by ensuring they have easy access to the benefits of crop insurance under PMFBY. The PMFBY scheme is bridging the risk needs of farmers by providing them a security net, offering them financial security and peace of mind. The ‘Meri Policy Mere Haath’ campaign reflects our dedication and commitment wherein we work closely with local administrations, stakeholders, and the farming community, we aim to make the policy distribution process seamless, efficient, and impactful”