Archive: May 6, 2022

Refresh your home this summer with Amazon.in Summer Sale

Chennai: Bring home the summer feeling with Amazon.in summer sale which has been designed as a one-stop-shop to fulfil all your seasonal household needs including fans, air coolers, home décor and furniture, kitchen appliances, garden essentials, sports equipment & much more. Customers can shop across popular brands including Symphony, Bajaj, Havells, Speedo, Yonex, Cello, and more. They can also avail great deals on summer specials from the comfort of their homes with up to 15% off on over 10 lakh products from Home & Kitchen via APay coupons. Other benefits include no-cost EMI starting at INR 250/month on over 40,000 products, an additional 10% off on over 6000 products (Buy More Save More) and free delivery on your first order in Home & Kitchen.

Here are some of the offers by participating sellers –

Get the best offers on trending summer small appliances for your home

• Symphony Ice Cube 27 Personal Air Cooler for Home (27L, White): Enjoy the pleasure of cool air on summer afternoons with Symphony Ice cube Air Cooler. This cooler is equipped with I-Pure technology, which uses multistage air pollution filters to eliminate odor-causing bacteria, allergens, dust particles, and other contaminants, resulting in a healthy and comfortable interior environment.

• Symphony Jumbo 70 Desert Air Cooler for Home (70L, Grey): Relax in the scorching summer heat with symphony jumbo long-lasting 70-litre capacity desert air cooler. Its Whisper-Quiet Performance creates a low sound operation to let you sleep peacefully on hot summer nights.

• Havells Ambrose 1200mm Ceiling Fan: Get fantastic air delivery without compromising on the looks. This stylish fan is truly a stunner with its exotic rich looks and smart design that can complement your modern space with ease. Its blades are made specifically to add zing to your interiors without compromising on the airflow.

• Havells Tuono Personal Air Cooler (White, Light Blue): This cooler from Havells comes with Dust Filter & Honeycomb Cooling Pad which makes Air healthy by eliminating micro-particles such as pollen, and dead skins, dust, mites, pet dander etc., preventing mosquito breeding. In addition, it boasts an elegant design with unique and large space wings to create a comfortable cooling experience.

Keep yourself hydrated this Summer

• Cello Flip Style Stainless Steel Bottle with Thermal Jacket: Stay hydrated with this must-have flask for your everyday use. It comes with temperature retention.

• Cello Venice Plastic Bottle Set, 1 Litre (Set of 5): Stay hydrated with the 1-litre freezer-safe bottles to beat the heat which locks in freshness to ensure your water or juices are always delicious and ready to enjoy.

Add a touch of summer to your home

• Huesland by Ahmedabad Cotton Bedsheet for Double Bed with 2 Pillow Covers (Green): Bring home happiness with the finest quality of bed sheets from HUESLAND by Ahmedabad Cotton. Drape your bed with our amazing range of bed sheets that is sure to lend an amazing look to your bedroom. The exquisite range of bed sheets in lovely colours and fascinating designs will instantly lift your mood.

• Solimo Hand Towels (Set of 4): Made from 100% cotton, Solimo towels are gentle, luxurious, and soft on the skin. These towels will soak up water fast and dry quickly for a fresh feeling with each use. They are available in multiple vibrant colours which can add a touch of elegance to your bathroom décor.

• Duroflex Back Magic – Orthopaedic Certified 6 Inch Double Size Coir Mattress: Refresh your back and spine with the doctor recommended orthopaedic coir mattress that is ideal for people in need of advanced and firm sleep support. This mattress provides the right level for firm body support to protect the back from curving, eliminating pressure build-up and improving blood circulation.

• Wakefit Queen Size Taurus Engineered Wood Platform Bed with Storage: If you like clean and aesthetic designs, with a lot of utility built into your bed, the Taurus bed is made for you. It features a simple, yet rich textured headboard of sturdy engineered wood which is minimal in design and smart in function. It is termite resistant and easy to maintain with just a simple swipe. The walnut colour of the wood goes with any decor in most of the Indian households, making this one of the most popular bed designs.

Get in shape this summer with these sports essentials

• SG Full Cricket Kit Combo with Spofly™ Brand Stumps: The SG cricket kit is perfect for an aspiring cricketer, it includes all the essentials including the SD Spark Kashmir Willow cricket bat, leg guards, batting gloves, thigh guard and a backpack to carry it all.

• Speedo 811315B976 Blend Futura Biofuse Goggles (Black/Smoke): Whether you’re swimming for fitness or fun, Speedo goggles allows you to enjoy and get more from your swim providing you the ultimate comfort, making you feel confident in the water.

• Yonex Mavis 200i Nylon Shuttle Cock, Pack of 6 (Yellow): Get ready for your summer badminton match with these shuttlecocks that are designed to perform like a feather. Their precision design delivers an exceptionally fast recovery and stable trajectory.

Check out the entire collection with top deals and offers here.

Disclaimer: The product details and description are as provided by the sellers. Amazon is not involved in describing the products and is not responsible for the accuracy of product information provided by the sellers. The deals and discounts are provided by sellers and/ or brands to the total exclusion of Amazon.

Disclaimer: Product descriptions, features and deals are provided by sellers and reproduced as-is.

This Mother’s Day, Treat Your Mother to the Best Sunday Brunch in Town at Pickwick

Mumbai, May 06, 2022: This Mother’s Day, show your mother all the love and affection she always bestows on you by treating her to a sumptuous Sunday Brunch at Pickwick, The Claridges, and avail a 25% discount.

On this special occasion, the Sunday Brunch is offering a culinary buffet with excellent food, a vibrant atmosphere, and magnificent views. The eclectic menu includes soups, salads, and a variety of eggs such as Royal Benedict, Egg Florentine, Sunnyside up, Shakshuka, Classic Spanish omelette, bun omelette, and egg Kejriwal. The International cheese platter includes Artisan Brie, Emmental, cheddar, Gouda, Parmigianino, and goat cheese, as well as nuts and crackers and wings and ribs. The lavish menu also includes a wide selection of burgers, wraps, chicken shwarma, lobster rolls, tacos, pizzas, and pasta. Brunch must-orders include Chef Raul Borja’s special sushi boat, live Sunday roast-lamb and the famous Pickwick sizzlers which will entice guests with niche and exotic flavours of the world. Aside from these, customers will have a long list of options to choose from. To satisfy sweet cravings, the luxurious restaurant has also organised a one-of-a-kind dessert buffet at the Lutyens lounge, which is hard to resist.

Pickwick is an opulent multi-cuisine restaurant based on Charles Dickens’ famous novel Pickwick Papers. and the ideal location to commemorate Mother’s Day.

Details for the Brunch:

Venue: Pickwick in The Claridges

Date: 8th May, Sunday

Timings: 12:30 pm- 3:30 pm

For reservations, call; 08826711551

Quote on World Password Day from AFour Technologies…

Mr. Mahesh Kulkarni, MD & Co-Founder, AFour Technologies- In today’s fast-evolving and mutating digital age, securing your information and protecting your privacy is extremely important. With our AI-backed analysis, we have realized that the key to any smooth-functioning digital process is its security. As a rule, password protection needs to be robust – more so today, due to the transition to a blended model of working, where many people blend their personal and professional working methods, as well as devices. Similar or shared passwords might become a liability to the individual and to their company, making both parties prone to attacks. This World Password Day, we urge everyone to secure their accounts, information, and privacy by strengthening their passwords and also to use 2-factor authentication wherever possible. Small steps like this will go a long way in securing entire ecosystems of data and privacy.’

Handbag Collection for Mother’s Day Gifting by WOODLAND & WOODS

Classic options of Handbags made with the finest quality of raw materials with excellent craftsmanship are a perfect addition to your collection.

1. FUCHSIA PINK HANDBAG FOR WOMEN – WOODS

This fuchsia pink handbag has a structured form and is made of premium leather. The lining of the small interior is separated into two equal sections by a zippered closure. For valuables, there’s a zipped pocket and slip-in places; and a detachable long adjustable strap.

2. NAVY SATCHEL BAG FOR WOMEN – WOODLAND

Handcrafted from fine leather, this boxy silhouette navy blue handbag lets you stay organized. The bag contains a top-access main compartment with a zippered pocket of metal zippers, a rear pocket with additional storage, haul handles, adjustable shoulder straps, as well as the Woodland logo on the front.

3. BROWN HANDBAG FOR WOMEN – WOODS

A stunning addition to your handbag collection is this sleek brown handbag created from the finest quality leather. The bag is small, capacious, and appropriately sized for basics such as a phone and wallet, with a zippered top access clasp and inside pockets. The bag has a semi-structured form, carry handles, and a removable shoulder strap.

Cholamandalam Investment and Finance Company Limited Audited Financial Results for the Quarter and Year ended 31st March 2022

Chennai, May 2022: The Board of Directors of CIFCL today announced the audited financial results for the quarter and financial year ended 31st March 2022.

Highlights:

The impact of third wave on the Indian economy turned out to be muted than the previous two waves. Nationwide rapid vaccination coverage contributed to blunting the impact of Omicron and boosting consumer confidence and business optimism. The company had delivered its best-ever disbursals, collections, and profitability in Q4 FY22. The stellar performance was aided by strong signs of recovery in both Auto and Mortgage Industry. All major CV OEMs reported double digit growth in March’22 aided by pick up in infra projects, growth in logistics and e-commerce sector coupled with easing of finance option. Strong rebound in residential housing sales in the current quarter was aided by demand from consumers after deferral of home buying due to Covid19.

Performance Highlights: 

• Aggregate disbursements in Q4 FY 22 were at ₹ 12,718 Cr as against ₹ 8,071 Cr in Q4 FY 21 with a growth of 58%. Disbursements for FY 22 were at ₹ 35,490 Cr as against ₹ 26,043 Cr in the previous year registering the growth of 36% Y-on-Y.

• Vehicle Finance (VF) disbursements were at ₹ 8,785 Cr in Q4 FY 22 as against ₹ 6,153 Cr in Q4 FY21, growth of 43%. Disbursements for FY 22, were at ₹ 25,439 Cr as against ₹ 20,249 Cr in the previous year, reporting a growth of 26% Y-o-Y.

• Loan Against Property including Affordable LAP, business disbursed ₹ 1,978 Cr in Q4 FY 22, as against ₹ 1,191 Cr in Q4 FY 21, with a growth rate of 66%. The Disbursements for FY 22 were at ₹ 5,862 Cr as against ₹ 3,627 Cr in the previous year, registering a good growth rate of 62% Y-o-Y.

• Home Loan (HL) business disbursed ₹ 441 Cr in Q4 FY 22, as against ₹ 538 Cr in Q4 FY 21. The Disbursements for FY 22 were at ₹ 1,571 Cr as against ₹ 1,542 Cr in the previous year.

• New businesses Consumer and Small Enterprise Loans (CSEL), Secured Business and Personal Loans (SBPL) launched last year and along with Small and Medium Enterprises Loans business made disbursals of ₹ 1515 Cr in Q4 of FY 22 which is a growth of 702% and ₹ 2619 Cr in the full year, which is a growth of 319% YoY.

• Assets under management as of 31st March 2022, stood at ₹ 82,904 Cr as compared to ₹ 76,518 Cr as of 31st March 2021.

• Profits after Tax (PAT) for Q4 FY 22 were at ₹ 690 Cr compared to ₹ 243 Cr in Q4 FY 21, reporting a growth of 184%. PAT for FY 21-22, were at ₹ 2,147 Cr as against ₹ 1,515 Cr in the same period last year registering a growth of 42%.

• PBT-ROA for Q4 FY 22 was at 4.8% and for FY 21-22 was at 3.9% as against 1.8% and 3.0% respectively in the same period last year.

• ROE for Q4 FY 22 was at 24.6% as against 10.4% in previous year.

• The Company continues to hold a strong liquidity position with ₹ 5,341 Cr as cash balance as at end of March 2022 (including ₹ 1500 Cr invested in Gsec shown under investments), with a total liquidity position of ₹ 13,246 Cr (including undrawn sanctioned lines). The ALM is comfortable with no negative cumulative mismatches across all time buckets.

Dividend:

The Board of Directors of the company has recommended a dividend of ₹ 0.70 per share (35%) on the equity shares of the company, subject to the approval of the members of the company at the ensuing Annual General Meeting. This is in addition to the interim dividend of ₹ 1.30 per share (65%) for the financial year 2021-22 declared by the company on 1st February 2022.

Asset Quality

Adoption of RBI circular on revised NPA norms

RBI had issued a circular in Nov 21 directing NBFC to adopt a tighter provisioning norm and accordingly, from 1st November 2021 onwards we have started tracking daily DPD and for agreements which crossed 90 DPD we continued to classify them as NPA until all dues towards principal and interest are collected in full. RBI had issued a clarificatory circular on February 15th, 2022, deferring the implementation date to September 30th, 2022. However, on a conservative note, we propose to early adopt these norms under IRAC.

The ECL model provisions this year is stress tested with the impact of Covid being built into the PD and LGD computations and hence the ECL model provisions across stages had increased over Dec-21. Apart from this, we had also factored in a write-off of ₹ 190 Cr for long overdue accounts where further recovery is expected to be minimal. Towards these a part of the management overlay amounting to ₹ 336 crs was utilised and the Management overlay provisions carried in books as of Mar’22 stands at ₹ 500 Cr.

CIFCL asset quality as at end of March 2022, represented by Stage 3 assets stood at 4.37% with a provision coverage of 39.67%, as against 5.85% as at end of December 2021 with a provision coverage of 38.80%. The total provisions currently carried against the overall book is 3.04% as against the normal overall provision levels of 1.75% carried prior to the Covid-19 pandemic.

As per revised RBI norms (circular dated Nov 12th, 2021) GNPA% and NNPA% as of March 2022 is at 6.82% and 4.75% respectively. We carry ₹ 564 Cr higher provisions under INDAS over IRAC.

The details of the stagewise assets and provisions are given in the annexure.

Capital Adequacy: 

The Capital Adequacy Ratio (CAR) of the company as on 31st March 2022, was at 19.6% as against the regulatory requirement of 15%. Tier-I Capital was at 16.5%.

Subsidiaries’ / Associate’s / JV’s Performance 

Revenue from Cholamandalam Securities Limited business for the year FY 22 is ₹ 40.12 Cr and from the Cholamandalam Home Finance Limited is ₹ 55 Cr. Net Revenues from two new investments, Payswiff Technologies Private Limited and Paytail Commerce Private Limited is ₹ 49.3 Cr and ₹ 1.5 Cr respectively for the FY 22.

How to Make Your Business More Sustainable and relevant in this extremely dynamic environment

By Mr. Mihir Shah, Founder and Managing Partner – SMB Catalyst

As habits define an individual’s success, culture defines an organization’s success. Organizations that sustain and withstand the test of time are organizations, which have cultures that promote continual improvement, a collaborative work environment, and reward performance.

The focus should be on bringing in habitual changes guided by strategy definition and followed by its alignment via a change management program governed by system definition, process redesign, and Organizational restructuring.

If your goal is to build a sustainable and scalable business, below are key focus areas:

Set organizational goals with clear milestones

Ask every owner what is their vision for their organization and the answer usually will be, “accelerated growth and efficient operations resulting in increased profits”. Any other answer defies the mere existence of any business, isn’t it? Then why is it that lot of organizations at times show poor growth, stagnancy, and at times even turn into loss-making? Isn’t the vision understanding enough?

Most business owners lose the plot over the course of time due to the extremely dynamic business environment, internal firefighting, and at times mere lethargy.  In the past 2 decades, the business environment is so dynamic that if you don’t evolve with time you can become obsolete enough to shut shop. So, what is the solution?

Set 3-5 year vision document reviewed quarterly. Ensure that it is extended beyond the board room and translated into a measurable review preferably using tools such as a balanced scorecard.

Recruit the right talent at key positions

People, especially in the key positions are as critical as is the product /service identification and the customer-centricity. They form the backbone of any organization which needs to perform with the increasing number of variables that the businesses are encountering now than ever before.

Empower | Make them Accountable | Ensure they are fairly Rewarded

This is one area where a lot of business owners and especially promoter-driven organizations struggle with. For them empowering people is synonymous with loss of control. This at times is fatal since this limits the contribution of individuals and especially performers. One simple rule is to empower the right talent, make them accountable and ensure that performance is rewarded well. In case, we realize that there is consistency in poor performance due to talent misfit, delaying actions could also turn detrimental to organizational growth.

Measure and Review

Imagine watching a cricket match where the scoreboard is not visible to a spectator. Organization where it isn’t clear what will be reviewed by whom, when at what frequency is no different an experience. Clearly defining targets and expectations in objective terms and establishing robust review mechanisms are fundamental to the continual improvement of work culture.

Working so closely with business owners has been an extremely insightful and enriching experience for us. I have nothing but the utmost respect for every business owner who succeeds in this ever-challenging and dynamic environment.

The suggestions listed above have been tried, tested, and co-created while working with SME business owners on their journey to create a profitable and scalable organization.

 

L&T EduTech signs MoU with AICTE for industry led courses

L&T EduTech, the hybrid learning platform from the Indian Multinational conglomerate Larsen and Toubro, has signed an MoU with the All India Council for Technical Education (AICTE). Through this MoU, the learning modules offered by L&T EduTech will be featured in the AICTE website.

In the august presence of the Chairman- AICTE, Prof. Anil D. Sahasrabudhe, Vice Chairman-AICTE, Prof. M.P. Poonia, Member Secretary- AICTE, Prof. Rajive Kumar and Ms. Febin, Head- College Connect business, L&T EduTech signed the MoU on 05.05.2022.

During this occasion, Prof. Anil D. Sahasrabudhe, Chairman- AICTE said”With growing impetus from the Government towards ‘Make in India’ programme, and with the burgeoning gap between skillset of the fresh Engineering graduates and the requirements from the Industry; we believe that L&T, with 8+ decades of expertise in Engineering, Technology and other diverse portfolio is rightly poised to bridge gap.”

L&T EduTech is proud to partner with AICTE towards achieving their vision to “lead the technological and socio-economic development of the country by enhancing the global competitiveness of technical manpower and by ensuring high quality technical education to all sections of the society.”

The College Connect vertical of L&T EduTech curates holistic, multi-disciplinary, industry relevant courses in core engineering streams like Civil, Electrical, Mechanical and Information Technology, that are offered as interactive learning modules in blended mode. These courses are in line with the credit system for engineering and can fit into the existing semester pattern as well.

The L&T EduTech courses are designed to provide quality education, bridging industry-academic gaps, creating learning opportunities for young engineers, leading to employment prospects in line with the United Nations Sustainable Development Goals 2030, which forms the thrust of NEP 2020.

The MoU with AICTE is an important milestone in making these courses accessible to students across the country who pursue Engineering, thereby providing an opportunity that will reinforce their conceptual learning, expose the learners to the tenets of professional practice from the standpoint of the industry and to improve their employability quotient.

ABP Group launches Centennial Celebration Campaign

Mumbai, May 2022: Celebrating 100 years of building and maintaining its reputation, the ABP Group today launched a campaign that reflects its remarkable journey through the Indian media space. As part of the campaign, it also unveiled its centenary logo and a film. Both the logo and the film are a reiteration of the foundational ideas of ABP, its core beliefs that have stood the test of time for a century now.

The centenary film, an intrinsic component of the celebratory campaign, is presented as a cinematic parable, seen through the eyes of a child who sets off on a fearless quest in search of an unheard-of place. The film depicts the story of travel across India that spans across geographies, cultures, roots, and traditions. The film summarizes the entire journey of the ABP brand and ends on a reminder that curiosity is itself both a journey as well the destination.

The logo of the centenary campaign unveiled today is an interpretation of the concept that ‘Curiosity makes everything interesting’. Profoundly connected with the brand philosophy the most striking visual element of ABP Group’s novel logo is its question mark motif, etched as a human face in reverse – a face that keeps changing with depictions. The idea of using reverse or negative space within ABP’s centenary symbol captures the essence of human progress which not just breathe to live but is curious to question.

Elaborating on the campaign and the new commemorative logo, Dhruba Mukherjee, CEO – ABP Pvt Ltd, stated: “ABP Group’s centenary logo represented by the question mark emanates from the fact that curiosity makes everything in life interesting. While many forces illuminate ABP’s influence, an unflinching sense of curiosity permeates all the rest. As a result, more than being the sixth sense, this is probably the first for us – an inquisitive gene that drives the primal human need to know more. We believe this iconic logo will best represent our brand identity across media, across different decades, and geographies. With that trust, we chose our centenary year for this excellent occasion to express and capture it once and for all.”

Sharing thoughts on this occasion, Avinash Pandey, CEO – ABP Network, stated: “A 100 years of curiosity is what built the ABP Group and through the course of that century we have always aspired to help shape thinking through insightful and credible content. Since inception the name ABP has stood for content that is relevant and unbiased. As we step into the 2nd century of our existence, we look forward to keeping our legacy alive and are committed to work tirelessly to strengthen an informed and open society. Through the Centennial Celebration Campaign, the ABP Group intends to resonate these core objectives with our readers, viewers, stakeholders, and every Indian of today and tomorrow.”

The ABP Group, as an institution, has fostered social transformation and set goalposts of excellence in journalism through its innovative strategies. In line with the thought – ‘the legacy you leave is the life you lead’ the ABP Group, in its century of existence has constantly fostered research and encouraged new talent.

The thought of the centenary campaign is anchored by three simple words – ‘Curiosity Questions Answers’, a provocative thought that drives home what has always been a facet of the brand’s philosophy. At ABP a question never falters at the sight of a full stop.

The centenary celebration campaign aims to continue to challenge and inspire ABP Group’s readers, viewers, and business partners with a wide variety of thought-provokingly written and visually rendered pieces about why questions are important in a democratic society. And how every breakthrough, big and small, stems from questions.

Explaining the concept behind this new launch, Agnello Dias, renowned Creative Director & Writer and the man behind the logo design and the campaign said – “Visualizing the journey of the brand ABP Group, we made a film that is a cinematic parable told through the eyes of a little one whose drive sets off the search for a certain geographical destination. We intended for it to have that surreal yet uncooked emotion that is both innocent and ethereal. The whole campaign around the brand logo captures the most succinct depiction of what the brand stands for as the human face of all questions.”

Preparation of transfer pricing documentation | Treasure Advisory

Transfer Pricing is a neutral concept to explain how prices are determined for the acquisition and supply of goods and services between related parties in the same Group. As a result of such an arrangement, the prices charged are required to adhere to the arm’s length principle.

Transfer pricing documentation is one of the most important tax compliances in Malaysia. Taxpayers need to prepare transfer pricing documentation (TPD) to establish that the related party transactions have been conducted in compliance with the arm’s length standard as per S140A(2) of Income Tax Act 1967 (ITA), Rule 2(2) of Income Tax (Transfer Pricing) Rules 2012 and the Malaysia Transfer Pricing Guidelines. The transfer pricing documentation (TPD) is to be prepared in accordance with guidelines set by Inland Revenue Board in the Malaysia Transfer Pricing Guidelines which is largely based on the Organization for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines

In this context, the first requirement for any business having controlled transactions is to ensure that the TPD is a contemporaneous document that must be prepared when the Taxpayers are developing or implementing any controlled transaction. Non-compliance will attract heavy penalties from the tax authorities in Malaysia. The TPD is not required to be submitted with the annual return forms. However, with effective from January 1, 2021, by virtue of S113B(1) ITA 1967, failure to furnish TPD within 14 days from the date of request from the Inland Revenue Board of Malaysia can be penalised for RM20K to RM100K or imprisonment for a term not exceeding 6 months or both. Despite the penalty being settled, a TPD is still required to be submitted to IRBM.

If you are having a business in Malaysia, transfer pricing consultants at Treasure Advisory will provide their best services to advise you on the required information to prepare your transfer pricing documentation, inter-company agreement, and bench marking analysis. A robust TPD is a prerequisite for the effective implementation of transfer pricing policies. Maintaining a robust TPD is important to equip your business for impending tax audits.

Well thought out inter-company agreements are important to establish the commercial arrangement between the contracting parties which includes the actual delineation of the transactions taking into account the agreed allocation of functions, risk, and remuneration to conform to the conduct of the parties. Agreements are starting point to establish the commercial intention between the contracting parties reflecting the same to be done between two unrelated commercial parties. Treasure Advisory offers a range of intercompany agreements which includes intragroup financing agreements, intercompany loan agreements, limited risk distribution intercompany agreements, and intragroup management services.

Upon completing your business financial audit process, you may provide the relevant information to the team at Treasure Advisory for further discussion and evaluation of your case to prepare the required TPD.

You need peace of mind to run your business effectively. Alternatively, you may sign up Treasure Advisory as your transfer pricing documentation consultant to advise your financial personnel to prepare your TPD. Treasure Advisory is also providing a standard transfer pricing documentation template for your easy usage.

Besides consulting on TPD, Treasure Advisory has been facilitating companies in business financing from government agencies as well as private financial institutions. In other words, Treasure Advisory is the one-stop solution for your transfer pricing compliances and business funding requirements.

For any questions on transfer pricing documentation, you may reach out to the transfer pricing consultant at Treasure Advisory at ask@treasureadvisory.com or call us at 013-875 2318

Star-Studded Line-Up for ‘The Green Rising’ Initiative this World Environment Day, by Cornerstone

National, May 2022: This World Environment Day on June 5th, India’s leading personalities are coming together in a novel way to raise funds for a 10-acre food forest and build awareness about how we can foster sustainable practices in our daily lives.

The ‘Sustainable Squad’ will feature some of the most recognized names in the country across sports and entertainment including Yuvraj Singh, Mrunal Thakur, Shanaya Kapoor, Sania Mirza, Janhvi Kapoor and more.

Featured celebrity charity closet sales will be hosted online by Dolce Vee, so fans can connect with their favourite stars while contributing to a cause and also be introduced to preloved shopping, which is one of the biggest ways in which people can incorporate sustainability into their daily lives. A #GreenUpIndia crowdfunding campaign with Give India will connect with the broader community to raise funds for the cause.

Exclusive content on the dedicated Instagram handle @TheGreenRising from the Sustainable Squad will bring people together and start important and engaging conversations about how we can protect our planet. More digital and on-ground activations are in the pipeline – stay tuned!

Talking about the initiative, Richa Sajdeh, Head of social impact at Cornerstone Sport said, “We at Cornerstone are always looking for ways to make a larger social impact, and so is our talent. We believe in a greener future and we are grateful for the collective efforts shown by our athletes and celebrities for “The Green Rising”. Through this initiative we hope to be closer to a sustainable tomorrow.” 

Established in 2008, Cornerstone Sport is among India’s leading talent management agencies representing talent across sports and entertainment. Recognizing the need to bring real change to create a large-scale impact on the environment, Cornerstone Sport conceptualised The Green Rising initiative for World Environment Day. By roping in celebrities and influencers from different sectors, people across the country will be delivered the message to influence change for the greener good.