विक्रम सोलारच्या नवीन ५ गिगावॉट क्षमतेच्या वल्लम प्लाण्टच्या रूपात उभी राहत आहे भारतातील सर्वांत प्रगत स्वयंचलित उत्पादन आस्थापना

● वल्लममधील प्लाण्टमुळे तमिळनाडूतील नवीनीकरणीय ऊर्जा परिसंस्थेला मोठी चालना मिळणार 

● विक्रम सोलारची एकूण उत्पादन क्षमता आता झाली ९.५ गिगावॉट

कोलकाता, भारत (न्यूज हब प्रतिनिधी): विक्रम सोलार या भारतातील सोलार पीव्ही क्षेत्रातील आद्य कंपनीने तमिळनाडूतील वल्लम येथील अत्याधुनिक उत्पादन आस्थापना कार्यान्वित झाल्याची घोषणा आज केली. त्यामुळे कंपनीच्या प्रगत प्रारूप उत्पादन क्षमतेत ५ गिगावॉटची भर पडली आहे. या अतिप्रगत विस्ताराच्या माध्यमातून कंपनीची एकूण उत्पादन क्षमता ९.५ गिगावॉट झाली आहे आणि सौरऊर्जा तंत्रज्ञानातील व्याप्तीआधारित आघाडीची कंपनी हे स्थान आणखी दृढ झाले आहे. तसेच भारताच्या सौरऊर्जाविषयक भवितव्याला आकार देण्यातील कंपनीचे वाढते योगदानही अधोरेखित झाले आहे. 

भविष्यकाळासाठी सज्ज, मोठा आवाका असलेले उत्पादन केंद्र म्हणून विकसित करण्यात आलेला वल्लम प्लाण्ट भारताने पर्यावरणपूरक ऊर्जा परिसंस्थेच्या दिशेने घेतलेल्या तंत्रज्ञानात्मक भरारीचे प्रतीक आहे. अतीप्रगत स्वयंचलनाचा आधुनिक स्तर यात सामावलेला आहे, यातील बहुतांश ऊर्जा भारतात प्रथमच वापरात आणली जात आहे. रोबोटिक्स, प्रगत साहित्य हाताळणी प्रणाली, सर्वसमावेशक अंगभूत दर्जा तपासणी आणि स्वयंचलित पॅकेजिंग यांचे अखंड एकात्मीकरण या प्लाण्टमध्ये करण्यात आले आहे. हे उच्च दर्जाचे स्वयंचलन स्थापत्य उत्पादनातील अचूकता सुधारते, निष्पत्तीला वेग देते, प्रक्रियेची खात्रीशीरता भक्कम करते आणि मोठ्या प्रमाणावरील कार्यात्मक उत्कृष्टतेचा नवीन मापदंड स्थापित करते. 

२७,००० चौरस मीटर जागेत पसरलेल्या या प्लाण्टची बांधणी प्रगत टॉपकॉन तंत्रज्ञानावर आधारित आहे, अखंडित एचजेटी अपग्रेड्सच्या दृष्टीने त्याचे इंजिनीअरिंग करण्यात आले आहे आणि एम-टेन, जी-ट्वेल्व्ह आणि जीट्वेल्व्हआर फॉरमॅट्सना अनुकूल ठरेल अशा पद्धतीने त्याचे डिझाइन करण्यात आले आहे. भविष्यकालीन तंत्रज्ञानाबाबत नेतृत्वाची भूमिका बजावण्याप्रती विक्रम सोलारची बांधिलकी यातून अधोरेखित होते. 

ग्राहकांसाठी नवीन आस्थापनेचे रूपांतर थेट अधिक मूल्य व कामगिरीमध्ये होणार आहे. प्लाण्टच्या प्रगत स्वयंचलनामुळे सातत्यपूर्ण उत्पादन दर्जाची खातरजमा होणार आहे, त्याची परिणती अपयशाची कमी संभाव्यता व दीर्घकालीन टिकाऊपणा देणाऱ्या अधिक खात्रीशीर मोड्युल्समध्ये होणार आहे. स्वयंचलित अचूकता अधिक उच्च कामगिरीला चालना देते व ऱ्हास कमी करते, परिणामी उत्पादनाच्या जीवनकाळात ऊर्जेचे उत्पादन अधिक चांगले होते. तुलनेने कमी दोष आणि अधिक खात्रीशीर पुरवठा यांच्या माध्यमातून ग्राहकांना अपेक्षेप्रमाणे डिलिव्हरी मिळणार आहे आणि उत्पादन त्यांच्यापर्यंत पोहोचण्यासाठी लागणारा वेळ कमी होणार आहे. प्रत्येक मोड्युल श्रेणी-१ व आंतरराष्ट्रीय दर्जा मानक यांची पूर्तता करणारे आहे, त्यामुळे ग्राहक सुरक्षित, समाधानकारक व जागतिक दर्जाच्या तंत्रज्ञानाबाबत आश्वस्त राहू शकतात. 

तमिळनाडूतील पर्यावरणपूरक ऊर्जा उत्पादन परिसंस्थेत वाढ करण्याप्रती विक्रम सोलारची बांधिलकी वल्लम प्लाण्टच्या कार्यान्वयनामुळे दृढ झाली आहे.  सध्या कंपनी ओरागदममध्ये काम करत आहे, ते कार्यक्षेत्र आता आणखी विस्तारले आहे. तसेच आगामी गंगाईकोंडन कारखान्याच्या पायाभरणी समारंभानंतर लगेचच वल्लम प्लाण्ट कार्यान्वित झाला आहे, त्यामुळे राज्यात आणखी एक महत्त्वाचा टप्पा पार झाला आहे. भारतातील नवीनीकरणीय ऊर्जेच्या सर्वाधिक वेगाने वाढणाऱ्या केंद्रांपैकी एक समजल्या जाणाऱ्या तमिळनाडूमध्ये प्रगत सौरऊर्जा उत्पादन व ग्रीन-टेक नवोन्मेष यांचे नेतृत्व करण्याचे विक्रम सोलारचे दीर्घकालीन धोरण या सर्व प्रकल्पांमधून दिसून येते. 

विक्रम सोलारचे चेअरमन तसेच व्यवस्थापकीय संचालक श्री. ग्यानेश चौधरी म्हणाले:

“वल्लम हा विक्रम सोलारसाठी तसेच भारतातील सौरऊर्जा उत्पादन प्रवासातील महत्वपूर्ण टप्पा आहे. वर्षभरातच हा ५ गिगावॉट क्षमतेचा प्रकल्प कार्यान्वित करणे धाडसाचे होते आणि तो पूर्ण करण्यातून पुढील दशकाच्या दृष्टीने आवश्यक असलेला आवाका, वेग व नवोन्मेष यांबाबतची आमची सज्जता दिसून येते. आम्हाला या उद्योगक्षेत्रात २० वर्षांहून अधिक काळ झालेला असताना, भविष्यकाळात काही बाबींना आकार देण्याची आमची इच्छा या प्रकल्पातून व्यक्त होते: प्रगत उत्पादन, स्वयंचलनावर आधारित दर्जा आणि या क्षेत्रासाठी नवीन मापदंड ठरू शकतील असे तंत्रज्ञान प्लॅटफॉर्म्स यांवर आम्ही काम करत आहोत. वल्लम प्लाण्टमुळे भारताची मूल्यसाखळी अधिक सशक्त झाली आहे आणि पर्यावरणपूरक तंत्रज्ञानाबाबत जागतिक स्तरावर केवळ सहभागी होण्याची नव्हे तर नेतृत्व करण्याची क्षमता भारतामध्ये आहे हा आमचा आत्मविश्वासही त्यामुळे दृढ झाला आहे.” 

वल्लम आस्थापनेत उत्पादित मोड्युल्सचा पुरवठा भारतभरातील ग्राहकांना केला जाणार आहे, त्यामुळे देश नवीनीकरणीय ऊर्जेसंदर्भातील आपल्या महत्त्वाकांक्षी उद्दिष्टांच्या दिशेने वाटचाल करत असतानाच, युटिलिटी-स्केल विकासकांना, सीअँडआय ग्राहकांना तसेच वितरित ऊर्जानिर्मिती प्रकल्पांना मदत मिळणार आहे. 

समावेशक वाढीप्रती आपली बांधिलकी अधिक दृढ करत प्लाण्टच्या तळाच्या मनुष्यबळात ४०-५० टक्के लिंगभाव वैविध्य साध्य करण्यासाठी विक्रम सोलार प्रयत्नशील आहे. भारतात आधुनिक, समताधारित आणि भविष्यकालीन वातावरण तयार करण्याच्या दृष्टीने हे महत्त्वाचे पाऊल आहे.

Karma Global Sparks National Interest with Labour Code Webinar Series with 2500+ Attendees

 Clear explanation of the four new labour codes and what they mean for employers

 Live questions answered from HR teams, compliance officers and business leaders

 Practical guidance to help organisations prepare for the transition in a structured way

MUMBAI, 15th DECEMBER, 2025 (News Hub Network): Karma Management Global Consulting Solutions successfully concluded a three-part webinar series unpacking the four new labour codes announced on 21st November 2025 by the Ministry of Labour & Employment. The sessions were designed to help organisations understand the practical impact of the changes and prepare for a smooth transition. More than 2,500+ participants from HR teams, compliance officers and business leaders attended the series, reflecting a strong demand for reliable guidance on the new regulations.

Speaking about the response, Pratik Vaidya, Chief Vision Officer and Managing Director of Karma Global, said, “The new labour codes mark an important shift in how India looks at work, workers and workplaces. These changes call for awareness, not anxiety, and our goal was to help organisations understand the road ahead with clarity.”

The webinars covered key aspects of the reforms and addressed questions from employers, HR leaders, compliance officers and industry professionals. The interactive format allowed participants to understand both the intent of the codes and their practical application.

“The response to our three-part webinar series shows how strongly businesses want guidance. More than 2,500 participants joined us, which reinforces the need for simple, practical conversations around compliance,” Vaidya added.

Karma Global, known for its long-standing work in compliance, labour law support and people management solutions, aims to continue creating platforms that help organisations stay prepared and well-informed.

“As the country prepares for the transition, companies need support they can trust. We remain committed to helping organisations navigate these reforms with clarity, responsibility and readiness,” Vaidya said.

Quartz processor Midwest Ltd raises Rs 135 crore from anchor investors

MUMBAI, 14 OCTOBER, 2025 (NHM/ SPM📞8108510506): Quartz processor Midwest Limited, India’s largest producer of Black Galaxy and Absolute Black granite has garnered Rs 135 crore from anchor investors ahead of its initial public offering that opens for public subscription on October 15. The company informed the bourses that it allocated equity shares at Rs 1,065 per share to anchor investors.                                              

Some of the marquee institutions that participated in the anchor include Goldman Sachs Funds – Goldman Sachs India Equity Portfolio and Edelweiss Life Insurance Company.

Amongst other equity oriented schemes, the company has allocated shares to Axis Mutual Fund Trustee – Axis Mutual Fund Small Cap Fund,  Sun Life Aditya Birla India Fund, Kotak Mahindra Trustee – Kotak Consumption Fund, Edelweiss Trusteeship – Edelweiss Recently Listed IPO Fund, ITI Muti Cap Fund, Svadha India Emerging Opportunities Scheme 1.

Out of the total allocation of 12, 67, 605 equity shares to the anchor investors,  6,10,330 were allocated to  domestic mutual funds through  schemes.

 

IPO Details: 

The IPO is a fresh issue for Rs 250 crore and an offer-for-sale for Rs 201 crore.

The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Wednesday, October 15, 2025, for subscription and close on Friday, October 17, 2025.

The IPO will fetch Rs 451 crore at the upper end of the price band.

MIDWEST LTD is in the business of exploration, mining, processing, marketing, distribution and export of natural stones, with an emphasis on sustainability. They are one of India’s largest producers and exporters of Black Galaxy Granite. They have diversified into Quartz processing, with operational phase 1 at 303,000 mtpa, catering to heavy mineral sand extraction (yielding titanium feedstock materials such as rutile and ilmenite) and the processing of rare earth elements.

Expression of Art 14th solo exhibition of Renowned Artist Rina Mustafi At Hirji Jehangir Art Gallery, Kala Ghoda, Mumbai From 5th to 11th May, 2025

MUMBAI, 4 MAY, 2025 (NHM): Renowned Artist Rina Mustafi from Kolkata 14th solo exhibition will be held at Hirji Jehangir Art Gallery, 161 B, M.G.Road, Kala Ghoda, Mumbai from 5th to 11th May 2025 between 11am to 7pm.

Painting is her first love. No other thing on this earth can satisfy. Her passion as much as it can. So, only with a view to being intimately associated arts this work throughout her life. She decided on art as a career choice. The beginning of her journey in the art work dates back to when she was only ten. Then after completing her academic course in school. She took admission in the Government Art College and Craft, Kolkata (In Western Painting in 1988). 

Thereafter she joined the Lalit Kala Academy, Kolkata (Eastern Region Since 1992 to 2012) Where she has been doing research for the last 20 years, on this subject as a working artist. She is also an Artist Member of “The Group” a leading organization of Women Artists in Kolkata, So far the credit of thirteen Solo Exhibition goes to her. 

She grew up in the lap of nature, it is this nature that is integral to her life. She finalizes herself closely identity freed with the broadness of tolerance. Her attachment with a nature is so deep quite naturally, through her work. Oil color is her most favourite medium, her paintings are generally done on canvas in oils color, spatula, which is used to thicken the layer of colour is also an important tool for her.

"The Reflection of Mind" Group exhibition of Paintings by 3 reputed artists from Kolkata At Hirji Jehangir Art Gallery, Kala Ghoda, Mumbai

The Reflection of Mind, At Hirji Jehangir Art Gallery, Kala Ghoda, Mumbai, From 21st to 27th April, 2025

MUMBAI, 20 APRIL, 2025 (NHM): Group exhibition of Painting by 3 reputed Artist Rajib Sur Roy, Subrata Ghosh, Joydev Bala from Kolkata will be held at Hirji Jehangir Art Gallery, 161 B, M. G. Road, Kala Ghoda, Mumbai from 21st to 27th April, 2025 between 11 am to 7 pm.

Artist Rajib Sur Roy is known primarily for his pre-occupation with Krishna and his consort, Radha. A major portion of his work (Both Sculpture & Painting) tries to unravel the ‘Leela’ in the idylls of Brindavan. Through this sculptures and paintings one gets to comprehend the working of the artist’s mind and in all of them we can see his constant search for the meaning of divine love or ‘Prema rasa’. Alongside that is his quest for ‘Bhakti rasa’ as symbolized by his flute amidst a verdant backdrop. Ganesha too has been among Sri Rajib Sur Roy’s artistic explorations. The siddhi mantra finds expression in his paintings. Benevolent images of Lord Ganesha form a small but significant part of his collection of artworks. This painting moves a step further from the aforementioned Krishna. It is an attempt to show that the microcosm and the microcosm are indeed one. For this he borrows from the Bhagwad Gita and integrate it into Einstein’s theory and relativity.

Artist Subrata Ghosh’s oeuvre embodies the concept of idyllic tranquility, as he creates a sense of timelessness through the utilization of layered hues. His work is steeped in the tradition of Indian classical Painting, with its focus on the divine beauty of Ajanta figuration and Gupta Sculptures This influence is evident in his acute attention to the use of light and shade, as he employs a range of cream, yellow and grey tones to evoke a serene, idyllic atmosphere. Ghosh is a graduate of the Indian college of Art and craft in Kolkata and primarily works in acrylic on canvas. His distinct style is characterized by its lateral symmetry and bold, colorful splashes. Subrata Ghosh has showcased his work at prestigious venues like Academy of Fine Arts, Taj Bengal and ICCR with solo & group exhibitions across Kolkata, Mumbai, Delhi, Bangalore, Goa and Bangladesh. He has also participated in International art camps.

Artist Joydev Bala is professional Painter in Kolkata. After passing out from the Indian college of Art and Draftsmanship under Rabindra Bharati University College in 2000. He is still alive with his artwork (Painting). In creating his artworks, showing environmental awareness in lifestyle, loving society, protecting the green, de-polluting the beautiful environment of the earth, not wasting water and maintaining communal harmony have repeatedly been expressed. He uses flowers and birds as decorations in his paintings. He is continue to try his painting scientifically. His artworks have lines, textures, a style of his own and an Indian feel to his paintings. To date He have held around 21 Solo exhibitions and over 200 group exhibition. Also, He have been able to do many exhibitions and art workshops in the presence of many good people in the country and abroad.

MET Utsav 2025 - A Grand Celebration of Indian Sanskriti held at MET campus in Bandra, Mumbai

MET Utsav 2025 - Mr. Pankaj Bhujbal, Actor Vicky Kaushal, Mrs. Vishakha Pankaj Bhujbal & Tanishka Bhujbal

MUMBAI, 27 FEBRUARY, 2025 (NHM): Mumbai Educational Trust (MET) once again set the stage for an extraordinary celebration of culture and talent with MET Utsav 2025, its mega annual fest themed ‘Sanskriti’, the event was a tribute to India's rich heritage, bringing to life the nation's diverse traditions and performing arts.

Held at MET campus, located at Bhujbal Knowledge City, Bandra, the Grand Finale - Cultural Night of MET Utsav 2025 was a spectacle to behold, seamlessly blending electrifying performances, star-studded appearances, and an unmatchable energy of enthusiasm. The evening unfolded soulful musical renditions, dynamic dance acts, grand fashion show and witty stand-up comedy, ensuring an entertainment-packed evening.

During the celebration, the MET Ratna & MET Gaurav Awards were conferred upon students & faculty for the Academic excellence by MET Founder Chairman Mr. Chhagan Bhujbal, Hon. Trustees Mr. Pankaj Bhujbal and Mr. Samir Bhujbal along with other Trustees.

During the MET Utsav celebrations celebrities including Bollywood Actor Vicky Kaushal and Veer Pahariya, Playback singer Jaspinder Narula, Bollywood actresses Bhumi Pednekar and Wamiqa Gabbi, Film and television actor Chetan Hansraj, and music composer Sidhant Kapoor graced the occasion.

With aerial dance performances and a dazzling Bollywood sequence well choreographed by professionals of fame and performed perfectly by MET students captivated spectators, making for a fitting conclusion to this celebration of talent, unity, and artistic brilliance. As the curtains came down on this spectacular fest, one thing was certain - anticipation for the next edition has already begun!

TRAJECTRON SPORTS LAUNCHES ARAWN – INDIA’S FIRST ADVANCED PRECISION AIRGUN

• Built for enthusiasts and connoisseurs, this premium airgun comes with a host of features previously only offered by international players

• The pre-charged pneumatic (PCP) airgun, Arawn, is Trajectron Sports’ inaugural product and will be available across India through its growing network of dealers and distributors
• Arawn reflects Trajectron’s commitment to delivering global standards of flawless engineering equipment in the field-shooting category under the Make-In-India initiative.

MUMBAI, 27th FEBRUARY, 2025 (NHM): Trajectron Sports, India’s youngest licensed airgun manufacturer today launched its inaugural product – Arawn, an advanced airgun custom-built for premium field-shooting enthusiasts and connoisseurs. Arawn is regarded as India’s first, most advanced and indigenously designed and manufactured pre-charged pneumatic (PCP) airgun – offering global standards in quality at the most competitive prices.

Founded by Pramod Paulose, MD & CEO, Trajectron on-boarded two more co-founders – the reputed adman and serial entrepreneur, Prahlad Kakar and a seasoned banker, Brian D’souza. Besides their common vision to build one of India’s most cutting-edge engineering products companies, all three leaders also share a deep passion for airguns and field-shooting. The company started manufacturing Arawn in early 2025 and plans to take the value proposition to niche markets, including domestic and international shooting communities.

Commenting on the launch of Arawn, Pramod Paulose, MD & CEO, Trajectron Sports, said, “Today marks a milestone for us at Trajectron and the Indian airgun sector. With the launch of Arawn, we have taken a shot at manufacturing excellence – offering an advanced world-class product at competitive pricing. It would be safe to say, we went all guns blazing into our vision to design and produce India’s very own precision PCP airgun. I would like to thank my co-founders and the entire team for their contribution to not only a product, but a revolution in the Indian airgun industry.”

The Indian airgun industry is estimated to be $3 billion and growing. Its robust growth is riding on several factors including improved purchasing power, traditional status and cultural relevance, rising interest in shooting sports, accessibility of online platforms and technological advancements in design. However, multiple bottlenecks such as lack of indigenous options, absence of physical touch and feel, and import-specific factors such as longer timelines, higher costs, hiccups in payment, and issues in service & support often dissuade collectors and enthusiasts, severely limiting their options.

“Being an avid field-shooting enthusiast, I along with my co-founders have experienced these challenges personally. Hence, when we connected through a chance meeting, we decided to pull the trigger to pursue our passion for a Make-In-India advanced PCP airgun”, said Prahlad Kakar, co-founder, Trajectron Sports. “The airgun is an ode to our collective passion for the sport and more importantly, it’s an engineering marvel enhanced with the latest technology, yet retaining the simplicity of point and shoot!”, further added Prahlad.

The company will sell Arawn through its growing dealership network comprising dealers and distributors across India. The company plans to further market the product across international markets by late 2025 opening up a wide vista of possibilities for growth.

ABOUT TRAJECTRON & ARAWN

Trajectron was born from the passion of Pramod Paulose, a renowned airgun expert, who partnered with advertising legend Prahlad Kakar and seasoned banker Brian D’Souza to create an indigenous PCP airgun that meets global standards. Arawn is a culmination of this dedication, offering Indian shooting enthusiasts a superior alternative to imported airguns, with world-class quality and seamless service support.

“Dreamscapes & Realities” Solo exhibition of Paintings by Artist Pramod Nagpure At Nehru Centre Art Gallery, Mumbai From 25th Feb to 3rd March, 2025

NATIONAL, 24 FEBRUARY, 2025 (NHM):  A Solo exhibition of Paintings “Dreamscapes & Realities” by Artist Pramod Nagpure at Nehru Centre Art Gallery, Discovery of India Building, Dr. Annie Besant Road, Worli, Mumbai. The exhibition runs from 25th Feb to 3rd March, 2025 from 11am to 7pm. 

A painting is not merely an arrangement of colors on a canvas; it is a reflection of the artist's experiences, dreams, and emotions. Each artwork in our exhibition vividly captures these sentiments and thoughts. By exploring diverse themes, we have made a humble attempt to portray the different shades of life through our paintings. One of the paintings highlights the stark contrast between the old and the modern world. It portrays the deep connection people once had with nature, the abundance of free-roaming birds and animals, a passion for reading, and a devotion to spirituality. In contrast, another painting comment on today's world, where people are obsessed with mobile phones, surrounded by concrete jungles, and living in an environment tainted with increasing pollution and neglect. Some paintings beautifully blend imagination and reality. One such artwork depicts the moment when a bolt of lightning strikes a stone idol, breathing life into it. The transformation unfolds gradually, with the top part being fully animated while the bottom remains a lifeless stone.

The delicate bond between a mother and daughter is another recurring theme. In one painting, a mother playfully teases her daughter by making funny faces, while the child sits with a sulking expression. Another artwork shows a mother admiring her neatly dressed daughter with pride. In a striking visual, a mother gazing into a mirror does not see her present reflection but instead witnesses her own childhood. Elsewhere, a daughter lovingly embraces her mother in a warm hug. Another fascinating concept features a gigantic butterfly with human figures standing around its wings, blending seamlessly with its beauty. In the painting titled ‘Mermaid’, a woman is seen releasing fish into the sea from a glass jar. Another artwork presents a serene young woman resting peacefully on a large peepal leaf floating on water. In yet another creative interpretation, the peepal leaf transforms into an island, surrounded by paper boats, a lighthouse, and toy cars, adding a unique perspective to the composition. Among the fusion of modern and traditional art styles, the paintings ‘Red Dress’ and ‘Blanket’ deserve special mention. The artwork titled ‘No Mobile’ stands as a powerful reminder, urging the younger generation to break free from mobile addiction and rekindle their love for books and spirituality. Traditional sketches of Goddess Saraswati and Radha-Krishna also leave a lasting impression. One painting captures a young woman delicately applying vermillion to her forehead like a stone idol, while another showcases a little girl tightly clutching her beloved doll amidst a sea of toys.

Each artwork in this exhibition reveals unique emotions and offers a glimpse into the various facets of life. The skillful blend of colors, expressions, creativity, and realism makes these paintings truly captivating. Every piece reflects the artist’s dedication and the intricate details that bring it to life. This exhibition is not just a display of colors; it is a heartfelt celebration of human emotions, imagination, and creativity.ENDS

IKS Health Delivers Strong Q3 FY25 Performance with 16% YoY Revenue and 28% YoY PAT Growth

 Revenue growth 16% YoY, 12% CC

● EBITDA up 24% YoY
● PAT up 28% growth YoY and 15% QoQ
● Adjusted PAT up 31% YoY and 13% QoQ

INDIA | 6 FEBRUARY, 2025 (NHM): Inventurus Knowledge Solutions Limited (NSE: IKS), a technology enabled healthcare solutions provider that offers a care enablement platform assisting physician enterprises in the US, Canada and Australia, with a focus on the US markets today announced its financial results for the quarter ended December 31, 2024, demonstrating strong revenue growth and profitability expansion.

“We continue our journey of improving profitability by transforming legacy AQuity’s operating model through technology and global human capital. EBITDA margins have crossed 30% this quarter, a significant improvement from the 24% proforma margin of FY2024. With revenue from our top five customers growing 19% and new client acquisitions ramping up, we are
optimistic about sustained growth heading into the final quarter and the next financial year” as stated by Sachin K. Gupta, Founder and Chief Executive Officer at IKS Health

“We are steadily regaining our legacy IKS EBITDA margins. PAT growth has outpaced EBITDA growth due to lower finance costs as we continue to repay our debt. Adjusted PAT, excluding non-cash amortization of acquired intangibles, has improved by 31%. We will maintain our investments in technology and AI to drive superior outcomes and enhance customer
satisfaction” adds Nithya Balasubramanian, Chief Financial Officer at IKS Health

Key Financial Highlights: Quarter ended December 31, 2024

● Revenue at ₹6,572 million (15.9% YoY / + 2.2% QoQ growth)
● EBITDA at ₹2,006 million at 30.5% of revenue (24.3% YoY / +5.7% QoQ growth)
● PAT at ₹1,297 million at 19.7% of revenue (27.7% YoY / 14.8% QoQ growth)
● Adjusted PAT at ₹1,455 million at 22.1% of revenue (30.6% YoY / 12.8% QoQ growth)

Business Highlights: Quarter ended December 31, 2024
Client Wins

● Palomar Health & Palomar Health Medical Group chose IKS Health in October 2024 to transform their ambulatory services through cutting-edge healthcare technology and services.
● Radiology Partners chose IKS Health in October 2024 to enhance their radiology services with the Care Enablement Platform.
● Western Washington Medical Group chose IKS Health in December 2024 to strengthen the revenue cycle operations and patient access.

New Launches
● IKS Health introduced a fully AI-driven version of its Scribble product, enhancing clinical
documentation through AI-generated clinical notes, natural language processing for
precise capture of medical terminology, end-to-end automation from audio capture to
documentation as well as HIPAA-compliant encryption ensuring data security.
● The product will enable improved patient access and satisfaction, reduced clinical
burden as well as rapid turnaround time for clients.
Industry Recognition & Awards
● IKS Health recognized as Best in KLAS (February 2025) for Medical Transcription Services
for the 7th consecutive year
● IKS Health recognized by Black Book Market Surveys in August 2024 as Top-ranked for
Clinical Documentation & Medical Coding Services
● IKS Health's acquisition of AQuity Solutions recognized as the Healthcare/Life Sciences

Deal of the Year (>100MM) by M&A Advisor International Awards
Safe Harbour
Certain statements in this release concerning our future growth prospects may be seen as forward-looking statements, which involve a number of risks and uncertainties that could cause the actuals to differ materially from such statements. It is not possible to undertake to update
any such statement that may have been made from time to time.

IKS Health takes on the chores of healthcare—spanning administrative, clinical, and operational burdens—so that clinicians can focus on their core purpose: delivering great care. Combining pragmatic technology and dedicated experts, IKS enables stronger, financially sustainable enterprises. IKS’s Care Enablement Platform delivers data-driven value and expertise across the care journey, and IKS is a partner for clinician enterprises looking to effectively scale, improve
quality, and achieve cost savings through forward-thinking solutions. Founded in 2006, IKS’s global workforce supports large health systems across the United States.

For more information,visit ikshealth.com.

Inventurus Knowledge Solutions Limited was listed on National Stock Exchange of India Limited
(NSE) and BSE Limited (Bombay Stock Exchange) on December 19, 2024. {Scrip codes: NSE - IKS
and BSE - 544309}

 

KARUR VYSYA BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER/NINE MONTHS ENDED 31ST DECEMBER 2024

Mr. B. Ramesh Babu, MD & CEO, KVB

Highlights:

 Total Business up by 14.93% YOY and 3.32% for the quarter.
 Deposits up by 15.75% YOY and 3.46% for the quarter.
 Loan Book grew at 13.96% YOY and 3.16% for the quarter.
 CASA up by 4.28% YOY, CASA ratio stood at 28.41%.
 PPOP up by 21.15% YOY
 NIM at 4.09%, down by 11 bps YOY.
 Other Income up by 29% YOY.
 Cost to Income Ratio for the period is at 47.06%.
 ROA at 1.74% for the quarter.
 ROE at 17.42% for the quarter.
 GNPA at 0.83%, NNPA at 0.20%.
 Capital adequacy ratio (CRAR) stood at 15.91% with CET 1 ratio of 15.03%.

MUMBAI, 20 JANUARY, 2025 (NHM): Mr. Ramesh Babu B, Managing Director & CEO, The Karur Vysya Bank said,
“We have continued another strong quarter of performance, guided by our three key metrics: growth, profitability, and asset quality. The bank’s performance indicators align with our guidance, demonstrating consistent and inclusive growth.
We have maintained strong trajectory of growth in RAM (Retail, Agriculture, and MSME) verticals, continuing the solid start we made at the beginning of the year. I am confident that the same will be maintained going forward.
Our total business crossed ₹1,81,993 crore. The inclusive growth from all the business segments has supported for reaching net profit of ₹1,428 crore for the nine months period”.

Karur Vysya Bank (‘the Bank’) announced its financial results for the Quarter/nine months ended December 31, 2024 today. The Bank continues its healthy performance in terms of business growth, profitability as well as asset quality.

BALANCE SHEET:

Balance sheet size as of December 31, 2024 was ₹ 1,16,373 crore as against ₹ 1,02,868 crore as of December 31, 2023, a growth of 13.13%.

Total business as on 31st December 2024 stands at ₹ 1,81,993 crore, registering a Y-o-Y growth of 14.93% i.e. up by ₹ 23,636 crore from ₹ 1,58,357 crore as on 31.12.2023.

Total deposits as on 31st December 2024 stands at ₹ 99,155 crore, registering a Y-o-Y growth of 15.75% i.e. up by ₹ 13,490 crore from ₹ 85,665 crore as on 31.12.2023.

Total advances as on 31st December 2024 stands at ₹ 82,838 crore, registering a Y-o-Y growth of 13.96% i.e. up by ₹ 10,146 crore from ₹ 72,692 crore as on 31.12.2023.

FINANCIAL PERFORMANCE – 9M FY 2025:

Net profit for the nine months registered a robust growth of 24.28% and stood at ₹ 1,428 crore from ₹ 1,149 crore during corresponding nine months of the previous year.

PPOP for the nine months increased by 21.15% is at ₹ 2,377 crore, as compared to ₹ 1,962 crore for corresponding nine months of the previous year.

Net interest income increased by 12.40% to ₹ 3,163 crore vis-à-vis ₹ 2,814 crore for corresponding nine months of the previous year.

Net interest margin stands at 4.09% down by 11 bps as compared to 4.20% for the corresponding nine months of the previous year.

Cost of deposits has increased by 44 bps and stands at 5.57% as compared to 5.13% for the corresponding nine months of the previous year.

Yield on advances grew to 10.12% by 24 bps as compared to 9.88% for the corresponding nine months of the previous year.

Commission and fee based income has improved by 12.92% on Y-o-Y basis to ₹ 708 crore from ₹ 627 crore for corresponding nine months of the previous year.

Operating expenses for the nine months was ₹ 2,114 crore as compared to ₹ 1,882 crore during the corresponding nine months of the previous year.

Cost to income ratio stands at 47.06% (48.95% for 9M of previous year).

FINANCIAL PERFORMANCE – Q3 FY 2025 vs. Q3 FY2024:

Net profit for the quarter registered a robust growth of 20.39% and stood at ₹ 496 crore from ₹ 412 crore during corresponding quarter of previous year.

PPOP for the quarter increased by 20.56% is at ₹ 815 crore, as compared to ₹ 676 crore for corresponding quarter of the previous year.

Net interest income increased by 7.79% to ₹ 1,079 crore vis-à-vis ₹ 1,001 crore for corresponding quarter of previous year.

Net interest margin stands at 4.03% as compared to 4.32 % for the corresponding quarter of the previous year.

Cost of deposits has increased by 41 bps and stands at 5.66% as compared to 5.25% for the corresponding quarter of previous year.

Yield on advances has stagnated at 10.16% as compared to 10.16% for the corresponding quarter of the previous year.

Commission and fee based income has improved by 3.54% on Q-o-Q basis to ₹ 234 crore from ₹ 226 crore for corresponding quarter of the previous year.

Operating expenses for the quarter was ₹ 731 crore as compared to ₹ 683 crore during the corresponding quarter of previous year.

Cost to income ratio stands at 47.27% (50.27% for Q3 of previous year).

CAPITAL ADEQUACY:

Capital Adequacy Ratio (CRAR) as per Basel III guidelines was at 15.91% as on December 31, 2024 (15.39% as on December 31, 2023) as against a regulatory requirement of 11.50%. Tier 1 was at 15.03% as of December 31, 2024 compared to 13.87% as of December 31, 2023. Risk-weighted Assets were at ₹ 64,756 crore as on December 31, 2024 (₹ 59,531 crore as at December 31, 2023).

ASSET QUALITY:

Gross non-performing assets (GNPA) has improved by 75 bps and stands at 0.83% of gross advances as on December 31, 2024 (₹ 691 crore) vis a vis 1.58% as on December 31, 2023 (₹ 1,152 crore).

Net non-performing assets (NNPA) is below 1% and stands at 0.20% of net advances as on December 31, 2024 (₹ 167 crore), against 0.42% as on December 31, 2023 (₹ 305 crore).

Provision Coverage Ratio (PCR) was at 96.87% as at December 31, 2024, as against 94.81% as at December 31, 2023.

NETWORK:

As of December 31, 2024, the Bank’s distribution network stands at 866 branches and 1 Digital Banking Unit and 2,197 ATMs / Cash Recyclers as against 831 branches and 2,251 ATMs / Cash Recyclers as of December 31, 2023. 55% of our branches are in semi-urban and rural areas. In addition, we have 378 business correspondents.

 

न्‍यूगो च्या E-K2K इलेक्ट्रिक बस मोहिमेला ‘'एशिया बुक ऑफ रेकॉर्ड्स' आणि 'इंडिया बुक ऑफ रेकॉर्ड्स'’ कडून दुहेरी मान्यता मिळाली

मुंबई, 31डिसेंबर 2024 (NHM): ग्रीनसेल मोबिलिटी ची भारतातील सर्वात मोठी इंटरसिटी इलेक्ट्रिक बस सेवा न्‍यूगो च्या इलेक्ट्रिक बसने काश्मीर ते कन्याकुमारी हया मोहिमे अंतर्गत जास्तीत जास्त अंतराचा विक्रम प्रस्थापित केल्याबद्दल 'एशिया बुक ऑफ रेकॉर्ड्स' आणि 'इंडिया बुक ऑफ रेकॉर्ड्स' कडून मान्यता मिळाली आहे. ही उपलब्धी न्‍यूगोची शाश्वत जन मोबिलिटी सोल्यूशन्ससाठी वचनबद्धतेवर प्रकाश टाकते व संपूर्ण भारतभर इलेक्ट्रिक बसेसची व्यवहार्यता दाखवून त्यांचे पर्यावरणीय फायदे दर्शवितात. एशिया बुक ऑफ रेकॉर्ड्स आणि इंडिया बुक ऑफ रेकॉर्ड्सच्या न्यायाधीश कश्मिरा शाह यांनी ग्रीनसेल मोबिलिटीचे एमडी आणि सीईओ श्री देवेंद्र चावला यांना रेकॉर्ड प्रशस्तिपत्र आणि पदके प्रदान केली.

न्‍यूगो ने काश्मीर ते कन्याकुमारी (E-K2K) इलेक्ट्रिक बस मोहीम 4 ऑक्टोबर रोजी जम्मू येथून सुरू केली आणि 18 ऑक्टोबर रोजी कन्याकुमारी येथे समाप्त झाली. 200+ शहरे आणि शहरांमध्ये 3,500 फूट ते समुद्रसपाटीपर्यंत 4,039 उत्सर्जन मुक्त किमी कव्हर करून न्‍यूगो च्या इलेक्ट्रिक बसने देशभरात पर्यावरणपूरक प्रवासाचा संदेश दिला. या मार्गावर, E-K2K बसने विद्यार्थ्यांच्या कार्यशाळा, वृक्षारोपण, पथनाट्य इत्यादींसह विविध सामुदायिक पोहोच कार्यक्रम आयोजित केले. एक तांत्रिक टप्पा पूर्ण करण्यापलीकडे, हा प्रवास पर्यावरणास अनुकूल मास मोबिलिटी पर्यायांच्या दिशेने भारताच्या प्रगतीचे प्रतिनिधित्व करतो.

ग्रीनसेल मोबिलिटीचे सीईओ आणि एमडी श्री देवेंद्र चावला म्हणाले, "न्यूगोचा E-K2K (काश्मीर ते कन्याकुमारी) प्रवास हा मोठ्या प्रमाणात गतिशीलता आणि शाश्वत भविष्यासाठी इलेक्ट्रिक बसेसच्या परिवर्तनीय क्षमतेचे प्रदर्शन करणे हा एक महत्त्वपूर्ण मैलाचा दगड आहे. या विक्रमी प्रवासाने प्रभावी सामुदायिक सहभाग उपक्रमांद्वारे स्वच्छ तसेच हिरव्यागार प्रवास पद्धतींबद्दल जागरुकता वाढवली, जे खरोखरच 'चांगले काम करणाऱ्या ई-बस' च्या भावनेला मूर्त रूप देते. आशिया बुक ऑफ रेकॉर्ड्स आणि इंडिया बुक ऑफ रेकॉर्ड्सने आमच्या प्रयत्नांना मान्यता दिल्याबद्दल आम्हाला खूप सन्मान वाटतो.”

झुनो जनरल इन्शुरन्सकडून यंदाच्या सणासुदीत नवीन उत्पादने, ईव्ही इन्शुरन्स विक्रीत 20% वाढीची नोंद;

मुंबई, 31 डिसेंबर 2024 (NHM): झुनो जनरल इन्शुरन्स, पूर्वी एडलवाइज जनरल इन्शुरन्स म्हणून ओळखल्या जाणाऱ्या नवीन युगातील डिजिटल विमा कंपनीने या सणासुदीच्या हंगामात विक्रीत 20% इतकी वाढ नोंदवली आहे, तर कंपनीने प्रीमियम/हप्ता संकलनात 41% वृद्धीचा अनुभव घेतला. मोटर इन्शुरन्स उत्पादनाला असलेली मोठी मागणी ही डिजिटल-स्नेही ग्राहकांच्या सर्जनशील आणि गुंतागुंत-मुक्त विमा पर्यायाच्या वाढत्या लोकप्रियेतीची पावती आहे.

झुनोच्या मोटर विम्यात त्याच्या ईव्ही विमा प्रस्ताव, अनुरूप उत्पादन प्रस्ताव आणि मूल्यवर्धित सेवांवर जोरदार लक्ष केंद्रित केल्यामुळे प्रचंड वाढ झाली. कंपनीने खासगी कार विमा कंत्राटांसाठी वाढत्या मागणीचा अनुभव घेतला. शून्य-घसारा आणि रोडसाइड असिस्टन्सयासारख्या लोकप्रिय ऍड-ऑन्सना ग्राहकांकडून बरीच मागणी आहे.

ऑक्टोबर-नोव्हेंबर महिन्यातील सणासुदीच्या काळात जोरदार मागणी होती. मात्र सप्टेंबरमध्ये सणासुदीचा हंगाम सुरू होऊनही, पावसाळा लांबल्याने उद्योगातील विक्रीवर परिणाम दिसून आला.झुनोच्या यशाचे श्रेय त्याच्या डिजिटल-फर्स्ट दृष्टिकोनास देता येईल. या दृष्टिकोनामुळे विमा उत्पादनांचे वितरण कशाप्रकारे होते आणि त्यांचे व्यवस्थापन पुन्हा परिभाषित करण्यात आहे. झुनोने विमा प्रक्रिया सुलभ केली. ज्यामुळे पॉलिसी जारी करणे, दाव्यांची प्रक्रिया आणि नूतनीकरण जलद आणि अधिक सुलभ झाले आहे. पे-अॅज-यू-ड्राइव्ह आणि पे-हाउ-यू-ड्राइव्ह यासारखी टेलीमॅटिक्स-आधारित उत्पादने सादर करण्यावर कंपनीचे लक्ष केंद्रित करण्यालाही गती मिळाली. सणासुदीच्या काळात पॉलिसीच्या विक्रीतील दोन अंकी वाढ ही अखंड, तंत्रज्ञान-सक्षम विमा पर्यायांसाठी ग्राहकांची वाढती मागणी अधोरेखित करते.

झुनो जनरल इन्शुरन्सचे चीफ टेक्निकल ऑफिसर नीतिन देव म्हणाले, “या सणासुदीच्या हंगामात नाविन्यपूर्ण आणि सहज उपलब्ध विमा उत्पादने उपलब्ध करण्याच्या आमच्या वचनबद्धतेचा पुनरुच्चार केला आहे. विक्रीतील 20% वाढ आमच्या प्रस्ताव (ऑफर)वरील वाढता विश्वास दर्शवते. विशेषतः जेव्हा आम्ही वाहनांच्या मागणीत वेगवान बदलाची अपेक्षा करत आहोत. ईव्हीला ग्राहक पसंती मिळत असल्याने, आम्ही आमच्या ग्राहकांच्या बदलत्या गरजा पूर्ण करणारे त्यांच्या आवश्यकतेला पूरक विमा-उपाय वितरीत करण्यावर लक्ष केंद्रित करत आहोत.”

झुनो जनरल इन्शुरन्सने जुलै-सप्टेंबर आर्थिक वर्ष 25 मध्ये मोटर इन्शुरन्सच्या एकूण दाव्यांमध्ये 26.4% वाढ नोंदवली. देशभरातील वाढत्या पूर आणि नैसर्गिक आपत्तींमुळे ही वाढ दिसून आली. अपवादात्मक ग्राहक अनुभव देण्यासाठी कंपनीने जलद आणि अखंडित दावे निकाली काढण्याला प्राधान्य दिले. आर्थिक वर्ष 25 मध्ये सर्वाधिक भरणा केलेला दावा रुपये 11,28,680 होता, तर सर्वात कमी 1,665 रुपये होता. विविध राज्यांमधील पुराच्या दाव्यांच्या विभाजनामुळे विशेषतः गुजरात, तेलंगणा आणि आंध्र प्रदेशात नुकसानीत झपाट्याने वाढ झाल्याचे दिसून आले. कोणत्याही अनुचित घटनेच्या वेळी वाहनांच्या सर्वांगीण संरक्षणासाठी ग्राहकांनी इंजिन संरक्षण कवच, रोडसाइड असिस्टन्स (रस्त्याच्या कडेला सहाय्य), नट, बोल्ट, स्क्रू, इंजिन तेल, कूलंट आणि पुराच्या वेळी अनेकदा नुकसान झालेल्या इतर वस्तूंसारख्या उपभोग्य वस्तूंचे कवच, इनव्हॉईस कव्हरवरील परतावे आणि शून्य घसारा कवच यांचा विचार केला.

आपल्या वृद्धी धोरणाचा भाग म्हणून झुनो जनरल इन्शुरन्स भारतातील स्पर्धात्मक विमा बाजारात आपल्या पाऊलखुणा विस्तारण्याचा विचार करते आहे. झपाट्याने बदलत असलेल्या बाजार गरजा गाठण्यासाठी कंपनी आर्टिफिशियल इंटेलिजन्स आणि धडकेदार प्राइज मॉडेल बळकट करण्यासाठी वचनबद्ध आहे. वेगवान डिजिटल पायाभूत सुविधा आणि ग्राहक-केंद्री पद्धतीसह झुनो भविष्यात वृद्धीच्या संधींचे समीकरण जुळविण्याकरिता उत्तम स्थितीत आहे.
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शहरी सहकारी बँकांच्या वाढीत आणि नफ्यात वाढ, नॅशनल अर्बन को-ऑपरेटिव फाइनन्स अँड डेव्हलपमेंट कॉर्पोरेशन (NUCFDC) चे उद्दिष्ट.

मुंबई,31 डिसेंबर 2024 (NHM): नॅशनल अर्बन को-ऑपरेटिव फाइनन्स अँड डेव्हलपमेंट कॉर्पोरेशन (NUCFDC) ने मुंबईत शहरी सहकारी बँकिंग क्षेत्राच्या आधुनिकीकरणाच्या नवीन टप्प्याची सुरुवात करण्यासाठी एक बैठक आयोजित केली. या बैठकीत शहरी सहकारी बॅंक्स (UCBs) च्या भविष्यातील दिशा आणि अम्ब्रेला ऑर्गनायझेशन्स (Umbrella Organizations) च्या भूमिकेवर चर्चा करण्यात आली, जी या संस्थांच्या सतत विकासाला सुनिश्चित करण्यासाठी महत्त्वपूर्ण भूमिका बजावणार आहेत.

बैठकीत सहकार मंत्रालय, भारतीय रिझर्व्ह बँक (RBI), रजिस्ट्रार ऑफ को-ऑपरेटिव सोसायटीज आणि शहरी सहकारी बँकेचे प्रमुख प्रतिनिधी सहभागी झाले होते. चर्चादरम्यान शहरी सहकारी बॅंक्स (UCBs) च्या दीर्घकालिक स्थिरतेवर, क्षेत्रात डिजिटल परिवर्तन सुनिश्चित करण्यावर आणि गव्हर्नन्सच्या ढांच्याला मजबुत करण्यावर विशेष लक्ष केंद्रित केले गेले. वक्त्यांनी या क्षेत्रातील आव्हानांशी सामना करण्यासाठी आणि विकासाच्या संधी साकारण्यासाठी शहरी सहकारी बॅंक्स (UCBs), नियामक संस्थां आणि सरकारी यंत्रणांमधील सहकार्याच्या वाढीला महत्त्व दिले.

उद्घाटनच्या भाषणात श्री ज्योतिंद्र मेहता, चेअरमन, NUCFDC ने एक महत्वाकांक्षी रोडमॅप सादर केला, ज्याचे उद्दिष्ट 2029 पर्यंत शहरी सहकारी बॅंक्स चा (UCBs) नफा दुप्पट करणे आहे, ज्यामुळे या क्षेत्राला दीर्घकालिक स्थिरता आणि स्पर्धात्मकतेसाठी तयार केले जाईल. श्री मेहता यांनी मजबूत गव्हर्नन्स आणि ऑपरेशनल सुधारण्याचे महत्त्व देखील अधोरेखित केले. त्यांनी सांगितले, "शहरी सहकारी बॅंक्स (UCBs) ने बँकिंग क्षेत्रातील होणाऱ्या बदलांसोबत पाऊल टाकले पाहिजे. त्यांनी आधुनिक तंत्रज्ञान स्वीकारले पाहिजे आणि अनुपालन (compliance) सुनिश्चित केले पाहिजे, तरच ते यशस्वी होऊ शकतात."

चर्चा दरम्यान शहरी सहकारी बॅंक्स (UCBs) च्या अधिक नफ्याची आणि ऑपरेशनल कार्यक्षमता वाढवण्यासाठी अम्ब्रेला ऑर्गनायझेशन, NUCFDC च्या भूमिकेवर देखील चर्चा करण्यात आली. यावर्षीच्या सुरुवातीला सहकार मंत्रालयाने लॉन्च केलेले NUCFDC, शहरी सहकारी बँकिंग क्षेत्राच्या आधुनिकीकरणात एक महत्त्वाची भूमिका बजावणार आहे. हे संघटन शहरी सहकारी बॅंक्सना डिजिटल परिवर्तन, अनुपालन आणि गव्हर्नन्स, तसेच क्षेत्रातील मानव संसाधनाच्या कौशल्य विकसनासाठी अनेक पुढाकार राबवण्याचा विचार करत आहे.
श्री मेहता यांनी सांगितले की NUCFDC अनेक उत्पादने आणि सेवा लाँच करण्यासाठी तयारी करत आहे, जी बॅंक्सना नियामक आवश्यकता प्रभावीपणे पूर्ण करण्यात मदत करतील. याशिवाय, संघटना एक केंद्रीकृत IT प्लॅटफॉर्म तयार करण्याची योजना करत आहे, जी सायबर सुरक्षा समस्यांचा आणि संसाधनांची कमतरता दूर करण्यासाठी सुरक्षित आणि स्केलेबल उपाय प्रदान करेल, ज्यामुळे शहरी सहकारी बॅंक्सना अधिक कार्यक्षमतेने यशस्वी होण्यास मदत होईल.

सायबर सुरक्षा सुधारणा करण्याबरोबरच, NUCFDC क्षेत्रातील विक्रेता व्यवस्थापन आणि सॉफ्टवेअर समर्थनावर देखील लक्ष केंद्रित करत आहे. NUCFDC संपूर्ण क्षेत्रात कोर बँकिंग सॉफ्टवेअर (CBS) चा मानकीकरण करण्याचा प्रयत्न करत आहे. संघटनेने प्रमुख CBS प्रदात्यांशी चर्चासत्र सुरू केले आहे, ज्यामुळे एक असा सिस्टीम लागू केला जाईल जो खर्चद्रव्य असेल आणि सायबर सुरक्षा मानकांचे पालन करेल.
श्री मेहता म्हणाले, “या प्रयत्नांचे मुख्य उद्दिष्ट एकात्मिक, नाविन्यपूर्ण UCB इकोसिस्टमला चालना देणे आहे जेथे अनुपालन अपयश किंवा तांत्रिक मर्यादांमुळे कोणतीही बँक मागे राहणार नाही. या समस्यांमुळे UCBs ची शून्य निव्वळ बंद करणे सुनिश्चित करणे हे आमचे पहिले प्राधान्य आहे आणि आमचे उद्दिष्ट सर्व UCB साठी शाश्वत आणि फायदेशीर भविष्य निर्माण करणे आहे."

आत्तापर्यंत 185 शहरी सहकारी बॅंक्स (UCBs) आणि 7 राज्य संघांनी NUCFDC शी समन्वय साधला आहे. संघटना रिझर्व्ह बँक ऑफ इंडिया (RBI) च्या ₹300 कोटी पूंजी लक्ष्य पूर्ण करण्याच्या दिशेने काम करत आहे. आतापर्यंत ₹118 कोटीचे निधी जमा करण्यात यश आले आहे, तसेच ₹56 कोटीची कमिटमेंट देखील प्राप्त करण्यात यश मिळाले आहे. संघटनेचे उद्दिष्ट 2025 च्या फेब्रुवारीपर्यंत उर्वरित लक्ष्य पूर्ण करणे आहे.

श्री मेहता यांनी सांगितले की सर्व UCBs ला NUCFDC च्या ढांच्यात एकत्रित करणे हळूहळू होईल, कारण हा क्षेत्र अजूनही खंडित (fragmented) आहे. त्यांनी असे देखील सांगितले की पूंजी गुंतवणूक क्षेत्रातील वाढीकरिता आणि आधुनिकीकरणासाठी अत्यंत महत्त्वाची आहे. तथापि, हा उद्दिष्ट साध्य करण्यासाठी, UCBs ना एका अम्ब्रेला ऑर्गनायझेशनच्या अंतर्गत एकत्र होणे आवश्यक आहे, हे एक मॉडेल आहे जे जागतिक स्तरावर विविध देशांमध्ये यशस्वी ठरले आहे. अम्ब्रेला ऑर्गनायझेशनचे मुख्य उद्दिष्ट म्हणजे UCBs च्या दीर्घकालिक स्थिरतेला सुनिश्चित करणे, जेणेकरून ते दंड देण्यापासून वाचू शकतील आणि आर्थिक प्रणालीतील आपले स्थान मजबूत करू शकतील.

Karur Vysya Bank Inaugurates 4 New Branches Today Adding In Total 25 Branches Across Maharashtra

MUMBAI, 11th DECEMBER, 2024 (NHM): Karur Vysya Bank (KVB) announced the inauguration of its 4 new branches in Tamil Nadu today. These branches will offer a comprehensive range of banking services like accounts, deposits and loans including savings and current accounts and locker facilities etc.,

During the financial year 2024-25, the bank added 24 branches, and the bank now has 862 branches.

The new branches that were opened today:

1. 859th Branch - Madurai (Othakadai) - inaugurated by Mrs. N. Usha, Joint Commissioner (Commercial Taxes), Intelligence, Madurai

2. 860th Branch - Tirupur (Muthur) - inaugurated by Mr. M.S. Shanmugam, Correspondent, Vivekananda Educational Institution, Muthur

3. 861st Branch - Krishnagiri (Gandhi Road) - inaugurated by Mrs. A. Aftab Begum, Secretary, District Panchayat Office, Krishnagiri

4. 862nd Branch - Chennai (Kolathur) - inaugurated by Mr. Hanish Chaabra, IAS, Managing Director, New Tirupur Area Development Corporation Ltd, Chennai.

The new branches shall cater to all basic banking transactions and also specific needs of customers, offering the entire spectrum of banking products and financial services covering Retail, Institutional and Consumer lending.

KVB offers Internet Banking and Mobile Banking facilities. KVB DLite, the Mobile Banking app of the Bank offers convenience of financial and non-financial services through 150+ features. The app has been recently upgraded with several customer friendly features.

About Karur Vysya Bank:

Karur Vysya Bank has touch points in the form of 862 branches and 2200+ ATMs & cash recyclers. The Bank continues to grow with its strong financials. The bank’s total business was Rs. 1,76,138 crores as on 30.09.2024 with a deposit base of Rs. 95,839 cr. and advances at Rs. 80,299 cr. The bank had posted its highest ever net profit of Rs. 1,605 cr. during the last financial year. The Net Profit for the first half of the current fiscal was Rs. 932 crores. Net NPA of the Bank was 0.28%.

Sai Life Sciences Limited Rs. 3042.62 Crore IPO Opens on December 11, 2024 Price Band Set at Rs. 522 – 549 Per Share

NATIONAL, DECEMBER 6th, 2024 (NHM):  Private equity major TPG Capital backed Sai Life Sciences Limited announced today on Friday that it has fixed a price band of Rs 522-549 per equity share for its Rs 3,043 crore Initial Public Offer (IPO) that opens for public subscription on December 11.

The intial share sale will conclude on December 13, and the bidding for the anchor portion will open for a day on December 10, the company announced.

The IPO is a combination of a fresh issue of equity shares worth up to Rs 950 crore and an Offer For Sale (OFS) of up to 3.81 crore equity shares by a promoter, investor shareholders and other shareholders, according to the Red Herring Prospectus (RHP).

Under the OFS, one of the promoter entities — Sai Quest Syn Pvt Ltd — and investor shareholders — TPG Asia VII SF Pte Ltd, HBM Private Equity India — will offload their respective stakes.

Bharathi Srivari, Anita Rudraraju Nandyala, Raju Penmasta, Dirk Walter Sartor, Jagdish Viswanath Dore, Rajagopal Srirama Tatta and K Pandu Ranga Raju were the other selling shareholders who will also divest their stakes in the company.

The Hyderabad based Sai Life Sciences had filed its IPO papers with the Securities and Exchange Board of India (SEBI) in July 2024 and obtained the markets regulator’s approval in November, to float the IPO.At the upper end of the price band, the company is going to fetch around Rs 3,042.62 crore from the IPO.

Of the IPO proceeds, funds limiting to Rs 720 crore will be used for debt payment and a portion will be used for corporate general purposes.

Investors can bid for a minimum of 27 equity shares and in multiples thereafter. Sai Life Sciences provides end-to-end services across the drug discovery, development, and manufacturing value chain, for small molecule New Chemical Entities (NCE), to global pharmaceutical innovator companies and biotechnology firms.

During the six-month ended September 2024, Sai Life Sciences reported a total income of Rs 693.35 crore against Rs 656.8 crore a year ago. It posted a net profit for the six months at Rs 28.01 crore as compared to a loss of Rs 12.92 crore last year.

Kotak Mahindra Capital Company Ltd, IIFL Capital Services Ltd (formerly IIFL Securities Ltd), Jefferies India and Morgan Stanley India Company are the book running lead managers, while KFin Technologies is the registrar for the IPO.

The company’s shares are proposed to be listed on the BSE and National Stock Exchange (NSE).

Sai Life Sciences is the fastest-growing contract research, development, and manufacturing organization (CRDMO). It is also one of the few CRDMOs to have research laboratories for discovery and development located near overseas innovation hubs at Watertown (Greater Boston, MA), United States (US), and Manchester, United Kingdom (UK), complemented by large-scale research laboratories and manufacturing facilities in cost competitive locations in India.

The company has served more than 280 innovator pharmaceutical companies, including 18 of the top 25 pharmaceutical companies, across regulated markets, including the US, the UK, Europe, and Japan. It also provides CRO services to more than 60 customers on an ongoing basis, for their integrated drug discovery programs. As of 31 March 2024, its CDMO product portfolio included more than 150 innovative pharmaceutical products, including 38 products that were supplied for the manufacturing of 28 commercial drugs.

As of 31 March 2024, the company has 2,845 employees globally, including 2,125 scientific staff, with the majority of the scientific team holding advanced degrees, including 276 PhDs and 1,343 master’s degrees.

Celebrating a decade of clay on 23rd & 24th Nov, 2024 at Vintage Garden, Bandra

MUMBAI, 22 NOVEMBER, 2024 (NHM): The Studio Potters Market, Bandra is an annual event happening on the 23rd and 24th Nov, 2024. 11 am to 8 pm at the Vintage Garden, Patkar Bungalow, Turner Road, Bandra a beautiful heritage bungalow in Bandra, a culturally rich suburb of Mumbai. The timing of the event in November is perfect for holiday shopping, as handmade pottery pieces can make for unique and thoughtful gifts.

The market brings together 30 studio potters from Mumbai including Sultana Khan, Tejashri Patil Pradhan, Sejal Sethi, Sumathi Madhav and more from around the country, showcasing the imagination and interpretation of clay by them.

As the name suggests, it is to showcase pottery in its diverse forms by the studio potters who are passionate about this ancient art. We will have lovely and elegant ceramic tableware; serve ware, wall decor, sculptures, garden decor and even flowers. 

The Vintage Garden is the perfect setting for such an event, with its heritage old world charm, antique furniture to display beautiful pieces and festive ambiance, music, lights creating a lively and vibrant atmosphere. The weekend is all about browsing and seeing the art, while enjoying the ambience of the beautiful Vintage Garden. Come celebrate art, community and craftsmanship with us. Whether you’re a long time pottery lover or a newcomer, this is the perfect chance to support local artisans and discover unique, handmade pieces. Don’t miss out on this special anniversary event!

ADVOCATE SANDEEP DATTU KATKE TO ADDRESS PUBLIC KEY ISSUES FOR DHARAVI CONSTITUENCY ASSEMBLY

Dharavi, Mumbai, Maharashtra, 17 November , 2024 (NHM)– Independent candidate Sandeep Dattu Katke, who is running for the 178 Dharavi Assembly seat, will deliver a crucial public address on November 16, 2024, highlighting his vision for the betterment of the community and addressing the pressing issues faced by the residents of Dharavi. 

“लड़ेगी धारावी जीतेगी धारावी” 

In his speech, Sandeep Katke will focus on the following key initiatives aimed at improving the quality of life in Dharavi: 

Free Toilets for All: 

Sandeep Katke proposes to ensure accessible and hygienic sanitation facilities for all residents of Dharavi, making it a priority to provide free public toilets for the community. 

 

Cleanliness and Hygiene: 

 Addressing the growing concerns around sanitation, Sandeep Katke will outline his plans to significantly improve cleanliness and waste management practices in the area, ensuring a healthier and cleaner environment for all. 

Upgrading Healthcare Facilities:   

Sandeep Katke emphasizes the urgent need to update and upgrade local hospitals in Dharavi, ensuring that all residents have access to modern healthcare services, equipped with the necessary medical infrastructure. 

Career Development & Student Guidance:  

Sandeep Katke will speak about his commitment to providing career counselling and guidance for students in Dharavi. His vision includes skill development programs, access to career opportunities, and ensuring that the youth of Dharavi have the resources they need to succeed in their professional lives. 

Rehabilitation of Dharavi’s People within Dharavi:  

One of Sandeep Katke’s top priorities is ensuring that residents who have been displaced or face challenges due to redevelopment are rehabilitated within the same community of Dharavi, maintaining the cultural and social fabric of the area. 

Reviving Local Businesses in Dharavi:  

Recognizing the importance of local enterprises, Sandeep Katke will pledge to support and rebuild Dharavi’s businesses, ensuring they thrive within the locality, thereby generating employment opportunities and strengthening the local economy.