Shiv Nadar University and Arizona State University Launch Strategic Partnership to Expand Access to Top-Tier Education

New Delhi, August 22, 2024 – Shiv Nadar University, Delhi-NCR, and Arizona State University, U.S., have established an ambitious academic partnership that will enable them to offer innovative degree programs and a variety of collaborative initiatives in the coming years. The programs will be delivered through Shiv Nadar University in partnership with Arizona State University, ranked #1 in the U.S. for innovation by U.S. News and World Report for nine consecutive years, 2016 – 2024.

SNU & ASU Strategic Collaboration

Designated as an Institution of Eminence by the Government of India, Shiv Nadar University has a mandate to foster international collaborations and open up new avenues for global education to Indian students. The partnership has commenced with two undergraduate dual degree programs in Computer Science and Business Data Analytics. Students in these four-year programs will study at Shiv Nadar University for the first two years and at Arizona State University for the next two years. Students will earn dual degrees in Bachelor of Science from the two prestigious universities at the end of the four years of study.

Regarding the partnership, Professor Ananya Mukherjee, Vice-Chancellor of Shiv Nadar University Delhi-NCR, said, “This is the beginning of a new strategic collaboration with one of the top 1% universities in the world. We aim to produce graduates with a unique perspective to imagine a new world. We believe such international collaborations are essential in preparing students to become global leaders and innovators. ASU’s commitment to interdisciplinary and experiential education and its focus on sustainability are extremely valuable to this partnership”, she said.

With this partnership, Shiv Nadar University is also part of the ASU-Cintana Alliance, a growing global network of innovative universities spanning Europe, Asia, the Middle East, and Latin America. This alliance was established through a partnership between Arizona State University and Cintana Education. As a result of this partnership, students at Shiv Nadar University will gain access to unique international exchange programs, student competitions, summer immersion experiences, and the opportunity to learn in global classroom environments at ASU and other universities worldwide.

“ASU is engaging with the intention of being part of a movement around the world to expand access to higher education and to expand high-quality outcomes,” said Arizona State University President Michael Crow. “Our work with Cintana is focused on taking educational attainment and helping it to become more ubiquitously available. Wisdom is considered rare, something to be granted to other people, and scarcity is considered to be good. That will not get us where we need to be as a species and as a global society. Our goal is to do something about that, at scale, and that’s exactly what we are doing.”

The 2+2 arrangement will enable more Indian students to pursue the opportunity to experience international learning as students will now only need to complete the remaining two years of their study in the U.S. Upon graduation, students will have the option to work and live in the U.S. for up to three years under the Optional Practical Training (OPT) program for STEM graduates. Yet another highlight of the program is an optional ASU Summer Experience at the Tempe, Arizona campus, focusing on developing leadership skills and learning about the United Nations Sustainable Development Goals.

PhonePe’s Payment Gateway Hosts Confluence in New Delhi

New Delhi, 21st August 2024: PhonePe, India’s leading digital payments platform, successfully hosted its Payment Gateway Confluence in New Delhi. The event, designed to educate partners about India’s most rewarding affiliate program, brought together web developers, IT solution strategists, and ERP consultants for a day of learning and networking.

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PhonePe PG Confluence provides insights into the PG Partner Program, offering participants the opportunity to learn about product offerings and gain valuable insights into building and earning through this innovative affiliate program.

Ankit Gaur, Head of PhonePe Payment Gateway & Online Merchants, commented on the event’s success: “At PhonePe PG, we are not creating a distributor channel, we are building a partner journey founded on trust. With a strong focus on web developers, IT solution strategists, and ERP consultants, PhonePe PG Confluence provides an opportunity to learn about our product offerings and gain insights into how they can build and earn with the PhonePe PG Partner Program. This event is a testament to our commitment to creating a robust partner ecosystem that supports India’s digital transformation journey.”

The third edition of Confluence featured presentations from industry experts, providing attendees with in-depth knowledge about the PhonePe Payment Gateway solutions and the benefits of the Partner Program. Participants had the opportunity to engage in interactive sessions, ask questions, and network with peers and PhonePe representatives.

Leading brands in the payment solutions space, including Boxpay, Sellonboard, Payomatix, and Unicommerce, were part of the event, adding their unique perspectives and expertise to the discussions.

The Delhi chapter of Confluence highlighted the city’s importance as a key market for digital payment solutions and fintech innovations. The event provided a platform for local businesses to learn about PhonePe’s innovative payment solutions and network with industry peers.

PhonePe PG Partner Program enables merchants to offer their clients a complete suite of PhonePe Payment Gateway solutions, earning rewards on each transaction made by their referrals. This program is designed to create a win-win-win situation for the partner, their merchants and PhonePe, fostering growth and innovation in the digital payments ecosystem.

14th Mmmm Expo, India’s Largest Trade Show For Minerals, Metals, Metallurgy & Materials, To Be Held At Delhi, India From September 27 – 29, 2024

14 TH MMMM EXPO, INDIA’S LARGEST TRADE SHOW FOR MINERALS,

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Supplementing India’s fast-growing manufacturing sector across industries, the 14th edition of the International Exhibition and Conference on Minerals, Metals, Metallurgy & Materials (MMMM) will be held at India International Convention & Expo Centre – IICC, Yashobhoomi, New Delhi from 27 – 29 Sep 2024. This trade fair will provide an excellent opportunity for interacting with luminaries from practically all corners of the globe, promoting business and giving a fillip to the growth & development of Minerals, Metals, Metallurgy, and Materials sectors in the country through joint ventures, bulk deals, alliances, investments and technology transfer. MMMM 2024 will feature dedicated country pavilions from China, European Countries, and Russia.

The event will feature six major components: HTF for Advanced Hand Tools, Power Tools, and Fasteners; CWE for Advanced Cutting and Welding Equipment & Technology, including Laser Technology; IMEX for the Latest Machine Tools (CNC, Laser, Shot Blasting, Measuring & Testing Equipment, and more); UMEX for Economical Pre-owned Machinery in the Industry; TECHINDIA for Engineering and Manufacturing (Pumps, Valves, Compressors, and more) alongwith MMMM, the largest and most prestigious event on Minerals, Metals, Metallurgy & Materials. The amalgam of these expos makes it an extended platform for metal, engineering, manufacturing, and machine tools segments and showcases the strength and innovations of the Indian & international manufacturing and technology sector.

The combined events have consistently received global recognition and have been acknowledged as the premier international business platform in India featuring more than 300 exhibitors from over 10 countries and attracting 12000+ buyers from the south Asian region. The event is organized in association with the Indian Institute of Metals – Delhi Chapter and with the active support from World Metal Forum (WMF).

MMMM 2024 is supported by the Ministries of Steel, Coal, Electronic & Information Technology, Commerce & Industry, Government of India and honored to have the Hon’ble Minister of Steel, Government of India, invited to formally inaugurate the event, alongside the Secretary of the Ministry of Steel and leaders from the steel and allied industries.

Says Gagan Sahni, Director, Hyve India P Ltd, “MMMM 2024 showcases latest advancements and technological developments in the field of Minerals, Metals, Metallurgy and Materials Industry and also offers unparalleled business networking opportunities to trade visitors to explore availability of raw materials, alternate suppliers of machinery, equipment and spares. Each edition has been adding value to its profile and has been creating new standards in terms of visitor turnout and the volume of business transactions.”

This unique platform also includes an International Open Seminar on “Green Steel Production: Sustainable Practices and Carbon Reduction” by Metalogic and WMF, an International Conference on “Process & Product Innovations in Metal Production” by Indian Institute of Metals – Delhi Chapter, Business Meets on “Latest Technology for Manufacturing & Maintenance Industries” by WMF, a Secondary Steel Industry Meet under the World Metal Forum, an Exclusive Metal Manufacturers Networking Pavilion, and over 10 Dealers & Distributor meets.

Asttrolok Announces New Batch for Astrology and Vedic Sciences, Globally

New Delhi, 17th August 2024 – Asttrolok, a leading institute for astrology and Vedic sciences proudly announces a new batch for astrology and Vedic sciences, globally including countries like Nigeria, Africa, Saudi, UK, USA, Europe, Dubai. With over 200 students from across the globe, Asttrolok stands as a beacon of knowledge, attracting a diverse spectrum of individuals keen to explore the ancient wisdom of Vedic sciences.

Asttrolok’s student community is a true reflection of its global reach and universal appeal. The institute has successfully enrolled a varied demographic, showcasing the wide-ranging interest in astrology and Vedic sciences. Among the student body:

30% are business professionals and high-net-worth individuals (HNIs): These students seek to integrate the profound insights of Vedic sciences into their personal and professional lives, leveraging astrological wisdom to enhance decision-making and strategic planning.

30% are housewives: This group is drawn to Asttrolok for its enriching curriculum that offers spiritual growth, personal development, and a deeper understanding of cosmic influences on daily life.

Students below 25 years of age: Young and inquisitive minds make up a significant portion of Asttrolok’s students, eager to delve into the mysteries of the universe and gain knowledge that complements their academic pursuits and personal interests.

Students above 70 years of age: This category underscores the timeless relevance of Vedic sciences, with seniors enrolling to deepen their spiritual understanding and enrich their twilight years with ancient wisdom.

Asttrolok’s inclusive approach is evident in its embrace of students from all religious backgrounds, including Muslims. This inclusive ethos ensures that the teachings of astrology and Vedic sciences are accessible to everyone, fostering a community of learners united by a shared quest for knowledge.

The geographical diversity of Asttrolok’s students is equally impressive, with enrollments from:

  • Nigeria and other parts of Africa
  • Saudi Arabia and the wider Middle East
  • The United Kingdom and Europe
  • The United States of America
  • Dubai

This international presence highlights Asttrolok’s commitment to transcending borders and making Vedic knowledge accessible worldwide.

Asttrolok’s curriculum is meticulously designed to cater to the varied interests and backgrounds of its students. The institute offers a range of courses, from beginner to advanced levels, covering topics such as Vedic astrology, palmistry, numerology, and spiritual healing. The faculty comprises seasoned experts and revered practitioners who bring a wealth of knowledge and experience to the classroom.

Students at Asttrolok benefit not only from theoretical knowledge but also from practical applications, enabling them to apply Vedic principles to real-world scenarios. This holistic approach ensures a comprehensive learning experience that is both intellectually stimulating and spiritually fulfilling.

As Asttrolok continues to grow and evolve, its mission remains steadfast: to illuminate minds and inspire souls through the timeless wisdom of astrology and Vedic sciences. The institute’s expanding global footprint and diverse student body are testaments to its success in making ancient knowledge relevant and accessible to contemporary society.

Manmohan Singh joins Angel One as Group Chief Risk Officer to strengthen the Group’s Risk Management

New Delhi, 16th August 2024: Angel One Ltd, a leading player in the fintech sector, is pleased to announce the joining of Manmohan Singh as Group Chief Risk Officer. Angel One considers risk management essential to proactively identify and address potential threats and vulnerabilities that could impact the organization. In this role, Manmohan will be instrumental in shaping and implementing the company’s risk management strategy. His appointment accentuates Angel One’s dedication to enhancing its risk management framework and insulating its operations from emerging risks and challenges.

manmohan singh

With over 25 years of experience in risk management, Manmohan will oversee risk management across all operations of the group companies. He will establish resilient protocols to protect the company’s interests and drive strategic growth. Furthermore, he will ensure that risk management strategies are seamlessly integrated into business processes, enhancing overall operational efficiency and safeguarding long-term success.

Mr. Dinesh Thakkar, Chairman & Managing Director, Angel One Ltd., commented, “We are thrilled to welcome Manmohan to our team. His vast expertise and proven track record in risk management will be pivotal as we strengthen our framework and drive strategic growth in today’s dynamic financial landscape. Angel One is dedicated to prioritizing clients and regulatory interest at the helm, and we are confident that Manmohan’s onboarding will bolster our efforts in this direction.”

Mr. Manmohan Singh, Group Chief Risk Officer, Angel One Ltd, said, “I am honored to join India’s leading fintech player and look forward to contributing to the company’s growth and success. My focus will be on fortifying the risk management framework and ensuring that we are well-positioned to navigate the emerging complexities of the financial sector to take Angel One to newer heights.”

Before joining Angel One, Manmohan served as Head of Enterprise Risk Management (ERM), Operational Risk Management (ORM) and Credit and Market Risk at Aditya Birla Capital Group where he was responsible for leading the ‘Centre of Excellence’ for overseeing such risks across all businesses, including lending, insurance, broking and mutual funds. He has been pivotal in enhancing risk management practices and driving strategic initiatives for the Group.

Manmohan also held the position of Chief Risk Officer at Fincare Small Finance Bank Ltd and Head – Enterprise Risk at IDFC FIRST Bank Ltd. He also led the Credit Administration Department for Wholesale Banking at Yes Bank Ltd.

Manmohan is a Chartered Accountant (CA), Financial Risk Manager (FRM) and holds a Diploma in Information System Audit (DISA).

Aayush Wellness Reports 6300Percentage Revenue Growth to Rs 111 Lakhs in Q2 2024

New Delhi, 13th August 2024: Aayush Wellness Limited, formerly Aayush Food and Herbs Limited, has reported its best quarterly earnings in the quarter ended June 30, 2024. The company achieved an impressive 6300% y-o-y topline growth and 183.56% y-o-y bottom line growth. Company’s total revenue stood Rs. 1110.56 lakhs vis-à-vis Rs. 17.35 lakhs in June 2023 and profit after tax stood at Rs 25.49 lakhs, vis-a-vis Rs 8.98 lakhs in the same quarter last year.

The Earnings Per Share (EPS) has also risen to Rs 0.79 per share vis-a vis Rs. 0.28 per share, reflecting a substantial 184% y-o-y rise. This notable growth was fueled by the successful expansion and enhancement of its product portfolio, alongside strong performance across its core business segments in the Healthcare and wellness sector. In the June 2024 quarter, the company achieved a Profit After Tax (PAT) of ₹25.49 lakhs, representing a substantial increase of 51.30% compared to the PAT of ₹16.85 lakhs recorded in the previous quarter (March 2024).

The company achieved total revenue of Rs 1110.56 Lakhs, representing an impressive growth of 6300% compared to Rs 17.35 lakhs in Q1 FY24. This surge was driven by increased demand for the company’s products and existing services, coupled with the successful expansion into new markets.

Aayush Herbal Pan Masala has received an over whelming response from the market. Within a short span from its launch, the Company has been receiving orders for the herbal Pan Masala from all corners of India.

This Pan Masala, being a 100% natural and ayurvedic product, prioritizes consumer health and well-being by offering a gratifying taste experience. As a spit-free alternative this pan masala can play an important role in the “SWACCH BHARAT” mission.

Company is targeting the Gutka and Pan Masala Market which is valued at Rs. 44,973 Cr. The Gutka and Pan Masala Market is projected to grow at a compounded rate of 3.6% per annum. With increasing healthcare awareness and evolving customer preferences, Aayush Herbal Pan Masala offers a healthier alternative to traditional gutka and pan masala.

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Given the significant size of the pan masala market in India, Aayush Herbal Pan Masala is well-positioned to seize a considerable portion of this market.

Mr. Kumar, Managing Director of Aayush Wellness Ltd, said, “Tobacco and supari-free herbal Pan Masala is growing very rapidly in the states where gutka & pan masala consumption is very high. We are selling this product through our website www.aayushwellness.com. Around 70-80% of the orders and inquiries are from Western, Central and Northern regions that account for 53% of India’s total pan masala consumption. Hence, we are now signing up distributors and other intermediaries in several cities to ensure that the product is available at local pan shops, as well as ayurvedic and general stores.

The success of the herbal pan masala has laid down the foundation for us to introduce more health enhancing products and services in the future.”

Aayush Wellness remains committed to delivering long-term value to its stakeholders and is confident that this strategic initiative will further strengthen its market position and enhance shareholder wealth.

LPU Secures 27th Position in NIRF Rankings 2024

New Delhi, 13 August, 2024: The Indian Government released the ‘National Institutional Ranking Framework (NIRF) Rankings 2024’, in New Delhi, for all categories. Amongst both government and private universities in India, Lovely Professional University (LPU) has been distinguished as the 27th top-ranking university. It has jumped 11 positions from last year’s ranking.

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LPU’s Pharmacy discipline is 16th; Law is 19th; Agriculture and Allied Sectors is ranked 22nd; Architecture and Planning is ranked 24th; Management is 38th; Engineering is 50th; innovation 11 to 50 rank band and in Research Institutions in the top 44 institutions in India. This NIRF score reflects where the institution is standing with respect to other institutions in a similar category.

Member of Parliament (Rajya Sabha) and Founder Chancellor of LPU, Dr. Ashok Kumar Mittal, expressed pride in LPU’s achievements, stating, “We are delighted to see Lovely Professional University’s continued success in the NIRF Rankings. This recognition underscores our commitment to academic excellence and innovation in education. It is our collective effort, commitment to quality education, and passion for growth has brought us here today. Let us continue to strive for greatness and inspire each other to reach even greater heights.”

The NIRF rankings lists have been released for 16 different categories. Three new categories—state public universities, skill universities, and open universities—have been added this year. The other categories include universities, colleges, research institutions, engineering, management, pharmacy, medical, dental, law, architecture and planning, agriculture and allied sectors, and innovation.

The participating universities are selected based on the quality of work in “Teaching, Learning, and Resources (TLR); Research and Professional Practice (RP); Graduation Outcomes (GO); Outreach and Inclusivity (OI); and Peer Perception (PR).

Holistica World Marks 2500+ Disease Reversals and Plans Expansion to 20 New Centers by 2025

New Delhi, 12 August 2024 – Holistica World, one of the leaders in integrative medical healthcare announces a series of significant achievements and ambitious future expansion plans. Over the past 7 to 8 years, Holistica World has positioned itself as a leader in disease reversal, particularly for non-communicable diseases (NCDs). With a process that has successfully helped over 2500+ patients to either fully reverse or achieve substantial progress in reversing conditions such as diabetes, hypertension, thyroid disorders, migraines, PCOD, insomnia, depression, asthma, and arthritis, the organization is making notable strides in holistic health management.

Holistica World Team (2)

One of Holistica World’s most remarkable achievements is the development of the “Health First” diagnostic tool. This innovative tool combines eight tests to provide early identification, pinpoint root causes at the cellular level, and offer precise lifestyle management recommendations. “Health First” is set to be a game changer in the diagnostic world, addressing the gap in early detection and root cause analysis that current diagnostic tools fail to cover. This tool is particularly significant because research shows that many NCDs are identified when it is already too late, with the body having suffered extensive damage over time.

Holistica World has also made significant advancements in ergonomics and geriatrics care, along with launching breakthrough longevity programs. These programs use non-invasive, natural, and customized approaches to reduce the gap between biological and chronological age. The organization is also on the verge of launching a brain wellness program, which aims to enhance happiness, performance, productivity, and overall health by focusing on brain health.

“At Holistica World, we are immensely proud of our achievements in the field of disease reversal and holistic healthcare, our innovative diagnostic tool, ‘Health First,’ along with our longevity and brain wellness programs, reflects our commitment to addressing the root causes of diseases and promoting overall well-being. We believe in integrating the best of modern medicine with alternative therapies to provide comprehensive care.” said, Dr. Dharmesh Shah, Founder & Director of Holistica World.

Looking ahead, Holistica World is set to expand its reach and impact. In 2024, the organization plans to establish two new centers in addition to its head office near Surat. By 2025, Holistica World aims to open 15 to 20 centers across the country. Additionally, the organization will introduce residential treatment-specific retreat resorts, dedicated longevity clinics, and advanced brain wellness programs. These expansions will further solidify Holistica World’s position as a leader in holistic healthcare, offering innovative, non-invasive, and effective treatments for a wide range of health conditions.

Holistica World’s future plans also include the launch of an app to facilitate real-time engagement with experts, providing timely support and guidance to individuals seeking to improve their health and well-being. This app will complement the organization’s ongoing efforts to offer personalized, accessible, and effective healthcare solutions.

As Holistica World continues to pioneer advancements in holistic healthcare, its dedication to improving the lives of individuals through early detection, disease reversal, and comprehensive wellness programs remains unwavering. The organization’s achievements and future plans underscore its commitment to transforming healthcare and promoting a healthier, happier society.

Relaxo Footwears Announces The Great Freedom offer

New Delhi, August 9th, 2024: To commemorate India’s Independence Day, Relaxo Footwears Ltd., India’s leading footwear company today announced “The Great Freedom Sale”. Starting from August 14th till August 19th, 2024, the sale unveils impressive discounts on a wide range of footwear delivering stylish options at affordable prices for customers nationwide.

Experience unbeatable savings at Relaxo’s “The Great Freedom Sale,” showcasing a diverse selection of footwear across various categories. Customers can explore sporty shoes, fashionable sandals, trendy flip flops, and comfortable clogs from brands such as Relaxo, Flite, Sparx, Bahamas, Mary Jane, Boston, and KidsFun. Whether shopping online or in-store, this sale provides a perfect opportunity for customers to upgrade their footwear collection with massive discounts.

Gokaldas Exports: Financial Results for Q1, FY25

New Delhi, August 8, 2024: Gokaldas Exports Limited  declared its financial results for the quarter ended June 30, 2024. The Company reported a consolidated revenue of ₹ 939.7 Crore for the quarter compared to ₹ 522.2 Crore in the same quarter last year and a consolidated profit after tax of ₹ 27.2 Crore compared to ₹ 32.6 Crore in the previous year Q1 FY24.

 Key Highlights:

Reported Consolidated Financial Performance:

Parameters 1QFY25 4QFY24 1QFY24 YoY QoQ
Total Income 939.7 818.0 522.2 79.9% 14.9%
EBITDA 82.6 90.0 67.8 21.8% -8.3%
EBITDA Margin 8.8% 11.0% 13.0% -419 bps -222 bps
PBT 36.1 42.9 43.2 -16.4% -15.9%
PAT 27.2 44.3 32.6 -16.5% -38.6%

Commenting on the company’s first quarter, Mr. Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “We were able to sustain the revenue growth momentum during the quarter but missed on profitability front. The company witnessed several headwinds starting from a disruption of our production in a majority of our factories in April and May leading to delays in shipment incurring extra costs in overtime and airfreight, huge ramp up of employees in anticipation of volume growth in the second half of the year, slower ramp up of our new units, and continuing airfreight costs at Atraco. Some of these impacts will be offset in the quarters ahead.

We are making good progress towards integrating the operations of our newly acquired entities to secure better operating leverage. Our strategic investment in BTPL, a fabrics processing unit, allows us to derive utmost benefit through vertical integration into critical raw materials, adding an edge in terms of speed, quality, and cost”.

The Company raised equity capital of ₹ 600 Crore through Qualified Institutional Placement (QIP) in April 2024. After the acquisition of two companies through a combination of debt and equity, along with the fund raise, the Company has a net cash of ₹ 58 Crore as of June 30, 2024. The Company has robust operations spanning multiple geographies leveraging trained people, a diversified and strong customer base supporting growth opportunities and preferential access to raw materials through investments in the vertical value chain. This will support the Company to target significant growth in the future.