Author: Amay Patare

In celebration of World Environment Day, Nitu Joshi of Miam Charitable Trust and Jeetendra Pardeshi, Superintendent of BMC Gardens, planted a unique Red Sandalwood tree along with other varieties at Walawalkar Garden in Oshiwara, Andheri West. This planting marks a significant addition to Mumbais diverse urban greenery. Jeetendra Pardesh & Nitu Joshi Nitu Joshi: A Beacon of Hope and Philanthropy Nitu Joshi, a prominent figure in social work, has made remarkable contributions to the lives of tribal and farmer communities in the Nashik region over the past two years through the MIAM Charitable Trust. Her efforts in distributing free study…

One of the major global cricketing events of the year, the Cricket World Cup, has just commenced, and Parimatch joyously celebrates its start alongside fans worldwide. This year marks a historic moment as the tournament is co-hosted by the USA and West Indies, with nine stadiums in the West Indies and three in the USA hosting the post-IPL 2024 action. Parimatch Launches “Cricket Belongs to India” Campaign Since cricket holds a special place in the hearts of Indians, there is a strong desire to see the Cricket World Cup return to India, a country with a deep and passionate connection…

Exports grew by 27% Domestic sales up by 7% TVS Motor Company registered a sales growth of 12% increasing from 330,609 units in May 2023 to 369,914 units in May 2024. Two-Wheeler Total two-wheelers registered a growth of 13% with sales increasing from 319,295 units in May 2023 to 359,590 units in May 2024. Domestic two-wheeler registered growth of 7% with sales increasing from 252,690 units in May 2023 to 271,140 units in May 2024. Motorcycle registered sales growth of 7% with sales increasing from 162,248 units in May 2023 to 173,627 units in May 2024. Scooter sales registered a…

As the Welsh Government continues to celebrate the year of Wales in India, Prof. Jas Pal Badyal FRS, the Chief Scientific Advisor (CSA) for Wales has this week met with India’s Principal Scientific Advisor, Prof. Ajay K Sood FRS, to discuss Wales’ leading circular economy, med-tech and agri-tech sectors. Prof. Badyal and Prof. Sood Prof. Ajay K Sood is one the most influential decision makers on science and technology in India – advising the Government’s cabinet on both domestic and international strategic scientific matters. The visit forms part of a wider programme of activities in New Delhi, Bengaluru and Mumbai…

We are delighted to announce that Avinash Kasinathan has joined Innoterra as the Head of India business, effective immediately. Avinash brings with him rich experience in strategy, technology, and the agriculture sector. Avinash Kasinathan, Managing Director, Head of India Business, Innoterra Avinash started his career as a consultant at McKinsey. Prior to joining Innoterra, he served as the CTO of WayCool and CEO of CENSA (Waycool’s technology wing), where he played a pivotal role in building a scalable, well-governed, and sustainable food and agri-tech platform. He has been instrumental in conceiving, conceptualizing, and building the Censa platform as one of…

H.E. Dato’ Muzafar Shah Mustafa, High Commissioner of Malaysia to the Republic of India will be undertaking a working visit to Mumbai from 30th until 31st May 2024. It will be his first visit to Mumbai since assuming his post in October 2023. The High Commissioner of Malaysia is scheduled to pay courtesy calls on H.E. Ramesh Bais, Governor of Maharashtra during the visit. He will also meet with the business community in Mumbai to explore opportunities and exchange views in strengthening economic cooperation between Malaysia and India. H.E. Dato’ Muzafar Shah Mustafa, High Commissioner of Malaysia to the Republic…

IDFC FIRST Bank has laid a robust foundation with a strong and profitable business model. The Bank is seeing strong traction in raising deposits with customer deposits growing by 42% in FY24 over FY23. The Bank also sees significant upcoming opportunities for loan growth with high asset quality. The overall asset quality of the Bank continues to be good, with GNPA of 1.88% and NNPA of 0.60% as of March 31, 2024. In the retail, rural and sme finance book, the Gross and Net NPA continues to be quite low at 1.38% and 0.44% respectively as of March 31, 2024.…

Startup accelerator: Marwari Catalysts is igniting entrepreneurial spirit in tier 2 – tier 3 cities of india. Got its first SEBI-approved Alternative Investment Fund (AIF) CAT 1 Angel Fund. Marwari Catalysts launches Rs 100 cr fund for startups With a 100 crore fund dedicated to supporting 300 startups, MCats has evaluated over 9,000+ startups & built an impressive portfolio of 80+ startups of them making significant strides with 8+ exits. The accelerator boasts a 100+ Co-founders Club and is headquartered in Jodhpur, with regional offices in Mumbai head – Nikhil Gupta, Bangalore head – Anil Chhikara, Jaipur head – Anish…

The preowned cars sales market in India is set to reach 10.92 mn. units in FY28 as per the latest edition of Indian Blue Book (IBB) report by car&bike and Das WeltAuto. by Volkswagen. The Indian Used car industry was valued at $32.44B in FY23 and will more than double to $73B by FY28. Indian Blue Book Launch – Mohammed Turra, CEO – Designate, Mahindra First Choice; Ashish Gupta, Brand Director, Volkswagen Passenger Cars India; Ashutosh Pandey, MD & CEO, Mahindra First Cars Upgrading to a new pre-owned car is the top reason for owners to sell cars while budget…

In the vast landscape of investment options available to Indian investors, fixed deposits (FDs) have long been considered one of the safest choices. With a reputation for stability and reliability, FDs are favored by those seeking steady returns without the volatility associated with other forms of investment. However, as with any financial decision, it is essential to thoroughly assess the safety of fixed deposits in the Indian market to make informed choices about where to entrust your hard-earned money. Safety of Fixed Deposit The Basics of Fixed Deposits Fixed deposits are investment instruments offered by banks and financial institutions that…