Archive: March 1, 2023

Tata Motors launches Re.Wi.Re, its first Registered Vehicle Scrapping Facility

Bengaluru 01 March 2023: Tata Motors, India’s leading automobile manufacturer, today, took a significant leap forward in its commitment towards sustainable mobility with the launch of Re.Wi.Re–Recycle with Respect, its first Registered Vehicle Scrapping Facility (RVSF) in Jaipur, Rajasthan. Inaugurated by Hon’ble Union Minister of Road Transport and Highways, Shri Nitin Gadkari, this state-of-the-art facility has a capacity of 15,000 vehicles per annum and follows world-class, eco-friendly processes for safe and sustainable dismantling of end-of-life vehicles. It is developed and operated by Tata Motors’ partner Ganganagar Vaahan Udyog Pvt. Ltd. to scrap end-of-life passenger and commercial vehicles of all brands.

Inaugurating Tata Motors’ maiden Re.Wi.Re RVSF, Hon’ble Union Minister of Road Transport and Highways, Government of India, Shri Nitin Gadkari said, “The National Vehicle Scrappage Policy was introduced with the aim to promote circular economy by creating an ecosystem for phasing out unfit and polluting vehicles and to achieve a lower carbon footprint in the country by replacing them with greener and more fuel-efficient vehicles. I congratulate Tata Motors for setting-up this quality facility that is at par with global standards. We are working towards positioning India as a vehicle scrapping hub for the entire South Asian region and need more such state-of-the-art scrapping and recycling units in India.” 

Speaking on the launch of Re.Wi.Re., Mr. Girish Wagh, Executive Director, Tata Motors, said, “At Tata Motors, we are committed to delve into every aspect of mobility to make it greener and sustainable. The inauguration of this RVSF (Registered Vehicle Scrapping Facility) heralds a new beginning in the responsible scrapping of end-of-life vehicles. With globally benchmarked and optimized recycling processes, we intend to yield maximum value from the scrap for future use and minimize waste for the overall betterment. We appreciate the visionary efforts of Shri Gadkari ji in enabling the National Vehicle Scrappage Policy and look forward to setting up Re.Wi.Re facilities across the country in collaboration with our partners. These decentralized facilities will benefit the customers, share the economic value generated, create employment while addressing the need of scrapping vehicles in every part of the country in an eco-friendly manner.

The state-of-the-art Re.Wi.Re. facility is designed to dismantle end-of-life passenger and commercial vehicles of all brands and ensures de-pollution. It is fully digitalized for hassle-free, paperless operations and has dedicated stations for safe dismantling of components such as tires, batteries, fuel, oils, liquids, and gases. The vehicles go through a stringent documentation and dismantling process, curated individually for passenger and commercial vehicle requirements.

Jiraaf crosses INR 1000 crore in Investments

Bengaluru, 01 March 2023: Jiraaf, one of the fastest-growing high-yield alternative investment platforms in India, has recorded more than 15x growth and deployed more than INR 1,000 cr in investments as of January 2023. Jiraaf is the first horizontal fixed-income platform enabling digital participation from investors with a minimum investment size of INR 1 lakh. Investors can earn yields ranging from 8% to 20% for a period of 30 days to 3 years.

Founded in September 2021 by Vineet Agrawal and Saurav Ghosh, Jiraaf has emerged as a reliable fintech platform for alternative fixed-income opportunities repaying INR 550 cr with zero defaults or delays.

Speaking about this, Vineet Agrawal, Co-founder, Jiraaf, said, “Investments are key to financial wealth creation, and in the modern era, alternative investment options have emerged as great opportunities for those seeking predictable & high returns. While equity markets have seen enormous participation from the public, fixed income remains underpenetrated. Our mission at Jiraaf is to make fixed-income opportunities mainstream by innovating and making them more accessible. We are thankful to our partners like Caratlane, Homecredit, Everest Fleet and Rupeek among others for sharing our journey. We have created a strong team across functions including technology, investments, and credit risk to present a wide range of curated investment opportunities.”

Jiraaf takes a cautious approach to curating investments. It works with select borrowers across the yield spectrum which facilitates investors to create a diversified robust portfolio. Delivering INR 550 cr+ repayments without delays or defaults, Jiraaf has established an early track record. Jiraaf started in September 2021 and raised $7.5 mn in funding in April 2022 led by Accel Partners & Mankekar Family Office.

“In today’s market environment, retail investors have a growing appetite for alternative fixed-income products, and we believe there is a gap in the market for products vetted by professionals. Jiraaf has effectively democratised the debt market and has provided access to a wide array of products for wealth creation beyond the traditional asset classes. This milestone achievement aligns with what Saurav and Vineet were set to achieve. We are proud to be part of this journey of Jiraaf in revolutionizing wealth creation.” –  Barath Shankar Subramanian, Partner at Accel

Adding further, Saurav Ghosh, Co-founder, Jiraaf said, “We are extremely happy to have crossed the INR 1000 crore investment mark. The trust of our users remains our biggest asset. It gives us great confidence that 93% of our customers are return investors. Our endeavour in the next 12 months is to grow our user base and increase our monthly run rate of investments from 100 cr to 300 cr. Bringing new opportunities and building a robust digital platform will be our key focus areas in the next 1-2 quarters. We are grateful to our investors Accel partners, Aspire family office, Mankekar family office and others who have supported us through our journey.

2022 has been tough for investors with tremendous volatility in the stock markets. With continued uncertainty on several factors including high inflation, and challenging macro growth, there is a strong need for investment options that are predictable, transparent, and capable of delivering good returns. Studies have shown that diversifying 15-20% of your investment portfolio with alternative investments can provide great portfolio returns. Jiraaf has understood this need well and is fast emerging as a leader in the space of alternative investments.

Multi: directional, bladeless and new ventilation fans launched by luxury fan brand Fanzart

Bengaluru March 1st, 2023: Fanzart, the pioneers of luxury fans in India, have yet again added another set of luxury fans to their incredible list of designer fans. The new set of fans, one being multi-directional and bladeless and the other being a new age ventilation fan, is an addition to the already existing outstanding range of more than 100 luxury designer fans customised to meet the unique needs of its connoisseur clientele.

Commenting on the latest launches, Tarun Lala, Co-Founder and Director, Fanzart, says, “Our latest launches are set to bring in elegance, finesse along with the benefits of modern technology into the interior spaces. While the twin models of silent exhaust fans will be much sought after in the utility and service areas – the bathrooms, kitchens, utility areas and more, the bladeless pedestal option will serve as a fitting tribute to a sleek contemporary interior.”

Orbit: Multi-directional and bladeless

Orbit fan from Fanzart is a bladeless option, the air circulation being multi-directional, the body totally sleek and contemporary in looks to fit in finely into a high end space. Built with Japanese technology, the black coloured 38.1 inch designer fan, aptly christened as Orbit, comes with an oscillation of 900 and an air velocity of over 7m/s.

The silent performer also comes with power saving, requiring barely 45W for its operations. The luxury fan has a smart touch LED control panel, facilitating operation through infrared remote control that can be easily stored in a remote control nest. A built-in dust filter ensures the circulation of clean and dust free air.

Pro and Max: New age ventilation

Fanzart has yet again come out with a differential approach to addressing ventilation through its twin options of Pro and Max exhaust fans. Packing in an ultra-silent technology, the twin fans come with a noise level of 35db. Working on a low power requirement of 25W, the light weight exhaust fans prove to be high performers, with the airflow amounting to 320 m3/h.

The company is renowned across the country for its exclusive designer fans that include fans with classic looks, customised unique options to cater to children’s room, elegant fandeliers, mini fans, humanoids, fans with blue tooth and customisable blades.

Students of iMpower academy for Skills of M3M Foundation from different parts of India got the blessings of HH Dalai Lama

01 March 2023, Dharamshala: HH Dalai Lama Ji interacted with more than 100 students and officials of M3M Foundation at his temple today at Maclodganj and gave them tips to be successful in life. The students who have graduated from M3M Foundation’s iMpower academy for skills from different parts of the country were in an audience with him today with M3M Group chairman and lifetime trustee Sh. Basant Bansal and Dr. Payal Kanodia, Trustee, M3M Foundation.

Speaking on the occasion, HH Dalai Lama Ji emphasized world peace and tried to explain the concept of “करुणा”. He explained how one can be happy and by having mental peace they can contribute to the “we world” where there is no weapon required and that’s what is the philosophy of Vasudhaiva Kutumbkam where we all are one family with the sense of oneness, equality and belongingness for one another.

The audience was part of “कौशल दीक्षांत” the national-level convocation ceremony for iMpower Academy for skills, which is a part of their nationwide Employability and Entrepreneurship Initiative Kaushal Sambal of M3M Foundation, happened yesterday at Govt. degree college auditorium at dharmshala, where sh. Kishan Kapoor, the member of parliament, district- Kangra was the chief guest. The students in their convocation gowns and hats were thrilled while having the certificate and mesmerized the audience with their stunning performances as most of them were on stage for the first time.

Mr. Anikhil Royal and Ms. Soman Chaudhary, the emerging talent from Himachal and Dist Kangra were also felicitated by the “Kaushal Sambal Samman” of the M3M Foundation. The highlight of the event was the fashion show where the students presented dresses by doing the catwalk that was designed by them. Impressed by the talent and dedication of the students towards the performance, the M3M foundation announced their clothing brand where the dresses made by the students would be displayed.

Last year in June 2022, M3M Foundation launched this iMpower Academy for Skills, as part of their nationwide Employability and Entrepreneurship Initiative Kaushal Sambal with a vision that this project will hugely impact the prospects of the youth of the country an provide them with employment and livelihood opportunities across India as well as the other parts of the world.

Dr. Payal Kanodia, Trustee, of M3M Foundation expressed her happiness and said, “I can’t express how happy I am today to see these students getting their degrees and certificates. We had a vision when we launched this project last year. Seeing that vision taking its first step makes me feel very proud that we M3M Foundation have achieved this first milestone of training the youth and seeing them successfully placed. “I wish them the best for their future and invite all young people to come and join us in building their lives for a better future and world.”

M3M Foundation has already established 4 such academies and is planning to establish 100 such academies next 3 years for the youth of the country.

M3M Foundation is the philanthropic arm of M3M Group; working towards bringing an equitable development that helps in attaining a brighter India. The Foundation envisions growth and development for all through the support of government initiatives and proactive steps in the developmental regime. It is determined to bring development across all sections of society by undertaking projects that ensure holistic growth. The prime focus of the foundation is on health, education, disaster management, and socio-economic development to transform a rural lifestyle. Kaushal Sambal aims to train 200000 youth in the next 5 years in India.

Photography teaches a new way of seeing the world: Prof. Dwivedi

New Delhi, 01 March: “A picture is worth a thousand words,” said DG IIMC, Prof.(Dr.) Sanjay Dwivedi while inaugurating a photography exhibition organized by students of the English Journalism Department, New Delhi. He added that while photography requires technical knowledge, the photographer must also be creative in creating the frame; only then can a photograph with a message be taken.

On this occasion Dean (Academic) Prof. Govind Singh, Course Director (English Journalism) Prof. Sangeeta Pranvendra, Course Director (Short Courses) Prof. Rakesh Goswami, Senior Photographer, Shri Bhagirath Basnet, faculty members, staff and students were present.

Prof. Dwivedi said that photography teaches a new way of seeing the world. Photography is a mixed form of science and art. Bringing all the expressions and words in a photo is an art in itself and the one who has understood this art is a true photographer.

Appreciating the work of Shri Bhagirath, Prof. Dwivedi said that he taught the students the nuances of photography and the techniques related to it. After this, the students captured many colors of Delhi in their cameras through photographs.

The winners were announced at the event, with Jishan Anjum receiving first place, Jyotirmoy Halder receiving second place, Anugrah Praveen Baxla receiving third place and Akriti Bhandari receiving a special mention under the open category. The photography exhibition displayed more than 150 photographs clicked by the students.

Key opportunities and challenges faced by India in the current VUCA world, discussed at 13th Great Lakes Union Bank Annual Finance conference

Mumbai/Chennai, 01 March 2023: Great Lakes Institute of Management, Chennai organized its 13th Great Lakes – Union Bank Annual Finance conference on Wealth creation in the VUCA world.

Gautam Chikermane – Vice President at Observer Research Foundation & author of ‘Reform Nation’ and ‘India 2030’, addressed 400+ students, staff, and faculty of Great Lakes.

In his keynote address, Gautam Chikermane focused on the Rise of India in a world of disruptions and elaborated on the three parts of Disruption – Technology, Geopolitics, and Setting a Narrative. In geopolitics as a disruptor, he insisted that “Indian Entrepreneurs must rise to the occasion with world-class facilities. There is governance happening on social media-both dissemination and exchange,” he said. He insisted on the need to have ‘Made in India’ social media platforms to ensure the voice of India is showcased all over the world.

He said, “Ability to study, understand, engage with, influence, and decode public policy is an important skill. It is no longer the domain of those who are elected and selected. Policy making is now a very rooted affair.”

Vidya Mahambare, Professor of Economics at Great Lakes and noted economist, setting context for how individuals should look at personal finance, added, “India is playing a key role in shaping the global growth, aided by domestic economic and financial sector reform which need to continue. India’s skilled young workforce would be the major driver and the beneficiary of India’s rising prosperity. It is important for today’s young to understand that there is no shortcut to becoming rich, and long-term wealth creation requires discipline and a sound investment plan.”

In the second session of the event, Monika Halan discussed how the Investment attributes for the VUCA world are long-term inflation and tax plus returns, low cost, and low maintenance.

“Of course, savings or investments may start as a residue of income over expenditure, but the eventual goal for all individuals must be to make such savings a target rather than a residue,” she added.
She also said that “Away from the glam and glitz of investing in derivatives and other complex financial products where 90% of the retail investors lose money, investing in index funds leads to great wealth creation, dwarfing returns from other products.”

Ms. Halan encouraged women to take charge of their finances. “Women tend to give control to their fathers, brothers, and husbands. Do not give that power away.”

The conference paved the way for the students to interact with industry experts.

Alike.io announces free Dubai Trip Campaign for content creators, in collaboration with Radio City and RJ Ginnie

India, March 01, 2023:  Alike.io, the world’s first creator-centric travel commerce platform has announced the launch of “2023 Dubai Trip Free”, a unique competition that offers a free trip to Dubai for 5 participants, in collaboration with Radio City. Aimed at budding as well as experienced Travel Influencers and content creators, the all-expense paid trip will be offered to those content creators, who come up with the best Dubai trip ideas to help RJ Ginnie create a perfect Dubai itinerary.

After building the excitement during the pre-registration phase, the contest has gone live on 27th of February. Contestants are being invited to share snippets of their travel content by posting it on Instagram and Facebook with the hashtag #2023dubaitripfree or mentioning the Radio City or Alike.io handles on the social platforms. RJ Ginnie and the Alike team will select the 15 best entries to compete in the finals of the contest. The finalists will then publish their favourite Dubai trip plans on the Alike.io platform. RJ Ginnie will use these trip ideas to design her own itinerary for the Dubai trip. The finalists with the best 5 trip plans will accompany RJ Ginnie to Dubai on this once in a lifetime sojourn to Dubai. Alike has also lined-up amazing prizes and discounts for the users of the Alike.io platform for the duration of the contest. Users can find all the details of the contest at www.alike.io/hidubai .

Delighted with the launch of the contest, Ashish Sidhra, Co-founder, of Alike.io said, “Alike is all about helping travel content creators become successful travelpreneurs. This contest allows budding and experienced travel content creators to share their creativity with a global audience and experience Dubai with the award-winning entertainer, RJ Ginnie as well as their fellow travel content creators”

This 4 days and 3 nights trip to Dubai will not only be lined up with a number of unique and surprising experiences, but it will also present amazing opportunities for the content creators to share content about their Dubai experiences with their followers and generate revenues from bookings.

Sharing excitement about the campaign, RJ Ginnie, Radio City said, “I am extremely thrilled to take 5 listeners to the most extravaganza city Dubai on an all paid trip along with me. Radio City in association with Alike.io designed this unique campaign to provide listeners to be a part of this one of a kind opportunity. This is for the first time that any radio station in Delhi has launched such a campaign and it is going to be an absolutely fun filled trip.”

Launched in 2022, Alike.io is the world’s first creator economy-based platform for travel bookings that aims to establish a new way of sharing, discovering, planning, and monetizing bookable travel content. It was launched in collaboration with Dubai Tourism and with Dubai as the founding partner city. The platform, on one hand, helps travel content creators earn revenue from the bookings influenced by their content, and on the other hand, it helps travellers to identify and book trip plans for new places, just like the people they like.

fibi – Worlds’ first digital news platform for content creators launched in India

With its unique blend of news, insights, and original content, [www.fibiverse.com] is set to become the most sought-after piece of digital real estate for anyone interested in the world of social media influencers and content creators.

Indian Bank extends helping hand to Indira Gandhi Institute of Medical Sciences (IGIMS), Patna, Bihar

Chennai, March 01, 2023:  Indian Bank sponsored 190 Stretchers and 50 Wheelchairs to Indira Gandhi Institute of Medical Sciences (IGIMS), Patna, Bihar under its CSR initiative.

On behalf of the Bank, Shri S L Jain, MD & CEO handed over the equipments to Dr. Prof. Bindey Kumar, Director, IGIMS. In his address, Shri Jain emphasized on the nation’s growing healthcare infrastructure needs and Indian Bank’s commitment to contribute towards it in the best possible ways.  From providing stretchers and wheelchairs to ambulances and health ATMs, the bank has extended support across the nation in centres like Bengaluru, Gandhinagar, Lucknow, and others.

Board Members including EDs, Shri Imran Amin Siddiqui, Shri Ashwani Kumar, and Shri Mahesh Kumar Bajaj graced the occasion in the presence of General Managers from Corporate Office and Field General Manager Office, Patna along with team members of IGIMS, Patna.

Celebrate Holi by indulging in delectable sweets from your roots!

Are you away from your home this Holi? Are you missing the sweets from your hometown? Don’t worry, because JustMyRoots, with its intercity food delivery, enables you to commemorate the festival of colours by indulging in mithai that celebrates the traditions and memories of your hometown. Treat your guests with your favourite sweets, and mark this Holi with the nostalgia of home. They have put together a list of delicacies ranging from sweets to savouries for you to enjoy. The list features 24 different types, kachoris and gujiyas to chandrakalas and ladoos, the vivid colours speak of its freshness and inviting flavours. The holi special sweets should not be missed out on.  Renowned houses of Hari Misthan Bhandar, Kesar, Laxmi Mishthan Bhandar, Rawat Misthan Bhandar, Brijwasi Bakery, Madhurima Sweets and Bhagat Halwai bring you the authentic and rich flavours from Jaipur, Lucknow & Agra. However, it’s not necessary to wait till holi to try out these exciting treats, so order now at: https://justmyroots.com/cuisine/Holi-Special-Sweet-2023