InsuranceDekho Launches “Travel Insurance” In Indian Market

One of the India's leading Insurtech startup, InsuranceDekho, has recently expanded its product portfolio by offering ‘Travel Insurance' on its online platform. InsuranceDekho has partnered with HDFC Ergo, Reliance General, Care, ICICI Lombard and Bajaj Allianz to offer the travel insurance products and is in the process of tying up with other insurers.  

The platform offers curated travel plans for family and individuals, corporates and students, with prices starting at INR 552 and covering 198 countries, subject to terms and conditions which may vary from insurers to insurers. The policies provide a wide range of coverage, depending on the plan chosen. However, almost all of them include important covers like loss of passport, emergency medical expenses, flight delay, loss of checked-in baggage, medical evacuation, etc. 

Commenting on the launch Mr. Ankit Agrawal, Co-Founder and CEO of InsuranceDekho, said, "In the post-COVID era, Indians are traveling again with international travel growing at 76% YoY which has widened the market for insurance providers. There is high digital adoption for travel insurance as currently more than 33% Indian international travelers buy insurance directly from the insurance company’s websites, which makes this an attractive segment for innovation and disruption.  We are building InsuranceDekho as a one-stop shop for all insurance solutions and diversified investment options; this is one crucial step in that direction." 

India's Travel Insurance Market is estimated to be USD 892 Mn in 2022 and is expected to exceed USD 2 Bn by 2027, growing at a CAGR of 17.6% according to Research & Markets. We are excited to announce the launch of travel insurance on our platform which would allow travelers to choose plans in a few clicks for all their travel needs.  

InsuranceDekho also offers end-to-end digital journey for Motor, Health, Life, Travel and Pet insurance products currently. The platform enables customers to compare different insurance policies and offers them the best choices and recommendations based on their requirement. The company works with almost all insurance providers and has direct integration with 45 insurance companies across India and offers more than 300 insurance products. InsuranceDekho intends to expand its portfolio by offering more products on its various platforms in near future. 

About InsuranceDekho 

Insurancedekho incorporated in 2016 and has been granted the license to act as a Direct Insurance Broker by Insurance Regulatory Development Authority of India (“IRDAI”) in 2017, InsuranceDekho is an Insurtech startup by Girnar Insurance Brokers Private Limited. It enables its consumers to compare different insurance policies based on their requirements and helps them purchase the most suitable plan as per their needs. In FY 2022, InsuranceDekho clocked a business of Rs. 1000+ Crore in premium. The company currently has tie-ups with 45+ insurance companies offering 300+ plans on its platform. InsuranceDekho is headquartered in Gurgaon and has presence across 1200+ cities. 

Indiabulls Housing Finance Limited’s NCD Tranche II Issue Opens On September 05, 2022

 Coupon Rate Upto 9.55% p.a.*

*Available only in Series VII for Category III and IV investors

·         Public issue of secured redeemable non-convertible debentures (“NCDs”) of face value and issue price of Rs. 1,000 each

·         The Tranche II Issue includes a base issue size of Rs. 100 crores with an option to retain oversubscription up to Rs. 900 crores aggregating up to Rs. 1,000 crores

·         NCDs proposed to be issued pursuant to the Tranche II Issue are rated as “CRISIL AA/Stable” by CRISIL Ratings Limited and “[ICRA]AA (Stable)” by ICRA Limited

·         Coupon rate up to 9.55% p.a.#

·         The Tranche II Issue opens on Monday, September 05, 2022 and closes on Thursday, September 22, 2022 **

·         The NCDs are proposed to be listed on BSE Limited and National Stock Exchange of India Limited. BSE is the designated stock exchange for the Tranche II Issue.

#For further details please refer to the Shelf Prospectus dated March 24, 2022, Addendum to Shelf Prospectus dated August 24, 2022 and Tranche II Prospectus dated August 29, 2022

**Issuer reserves the right to close the Tranche II Issue at any time prior to the Tranche II issue closing date.

Headquartered in New Delhi, Indiabulls Housing Finance Limited (“Company” or “Issuer”), a non-deposit taking housing finance company registered with the National Housing Bank, has announced the public issue of secured, redeemable, non-convertible debentures of the face value of Rs. 1,000 each (“NCDs”). The Tranche II Issue opens on Monday, September 05, 2022 and closes on Thursday, September 22, 2022.

The Tranche II Issue has a base issue size of Rs. 100 crores with an option to retain oversubscription up to Rs. 900 crores, aggregating up to Rs. 1,000 crores (“Tranche II Issue”). The Tranche II Issue offers various series of NCDs for subscription with coupon rates ranging from 8.33% to 9.55% per annum. The NCDs are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India (“NSE” together with BSE, the “Stock Exchanges”) with BSE as the Designated Stock Exchange for the Tranche II Issue. The NCDs have been rated CRISIL AA/Stable by CRISIL Ratings Limited and [ICRA]AA (Stable) by ICRA Limited.

The NCDs under the Tranche II Issue have tenures of 24 months (Series I, II, III), 36 months (Series IV, V, VI), and 60 months (Series VII, VIII). Effective yield (per annum) for the NCD holders in Category I (Institutional Investors) & Category II (Non-Institutional Investors) ranges from 8.64% to 9.05% and for Category III (High Net-worth Individual Investors) and Category IV (Retail Individual Investors) holders ranges from 9.04% to 9.54%. Interest payment modes for the NCDs are Annually, Monthly or Cumulative as per the series selected by the investors. Amount on maturity for the NCD holders in Category I (Institutional Investors) & Category II (Non-Institutional Investors) ranges from Rs. 1,000 to Rs. 1,288.21 per NCD and for Category III (High Net-worth Individual Investors) and Category IV (Retail Individual Investors) holders ranges from Rs. 1,000 to Rs. 1,306.07 per NCD.

The Company is also offering an additional incentive of 0.25% to the Category III and Category IV Investors in the proposed Tranche II Issue who are also holders of  NCD(s)/bond(s) previously issued by Company, and/or its Subsidiaries as the case may be, and/or are equity shareholder(s) of Indiabulls Housing Finance Limited as the case may be (“Primary Holder(s)”) on the Deemed Date of Allotment and applying in Series I, Series III, Series IV, Series VI, Series VII and/or Series VIII, provided the NCDs issued under the proposed Tranche II Issue are held by the investors on the relevant Record Date applicable for payment of respective coupons, in respect of Series I, Series III, Series IV, Series VI, Series VII and Series VIII.

The Lead Managers to the Tranche II Issue are Edelweiss Financial Services Limited, A. K. Capital Services Limited, IIFL Securities Limited and Trust Investment Advisors Private Limited. IDBI Trusteeship Services Limited is the Debenture Trustee to the Tranche II Issue.

Net proceeds of the Tranche II Issue, after meeting the expenditures of and related to the Tranche II Issue, shall be utilised for the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company and general corporate purposes.

As at June 30, 2022, consolidated cash and cash equivalents of the Company were Rs. 4,614.55 crores and Borrowings (other than Debt Securities) of Rs. 31,955.59 crores on balance sheet.

48% Shop More Suring Festive Season, Compared To Rest Of The Year: Axis My India Sep CSI Survey

* 20% to shop more this festive season than last year  

·         10014 people surveyed 68% is from rural India while 32% is from urban India

·         Overall household spending has increased for 61%, net score at +53

·         Consumption of essentials products increased for 46%, net score up by +3

·        Spends on discretionary products up by 1%, net score at +2

·         Consumption of health-related items has increased for 37%, down by 1%

·         Media consumption remains the same as last month, at 19%

·         Mobility has increased for 7% of the families, an increase by 1%

·         15%  of the farmers plan to buy new tractors within the next one year

Axis My India, a leading consumer data intelligence company, released its latest findings of the India Consumer Sentiment Index (CSI), a monthly analysis of consumer perception on a wide range of issues. The September report reveals that sentiments have improved across key sub-indices like essential and discretionary products and increased mobility. However, sentiment remain the same as last month for media consumption and overall household expenses. This month’s survey also highlights that 48% of consumers tend to shop more during the festive season as compared to rest of the year & 20% of the consumers plan to shop more this festive season as compared to last year.

The September net CSI score, calculated by percentage increase minus percentage decrease in sentiment, is at +10, from +9 last month reflecting an increase/decrease by 1 point

The sentiment analysis delves into five relevant sub-indices – Overall household spending, spending on essential and non-essential items, spending on healthcare, media consumption habits & mobility trends.

The survey was carried out via Computer-Aided Telephonic Interviews with a sample size of 10014 people across 32 states and UTs. 68% belonged to rural India, while 32% belonged to urban counterparts. In terms of regional spread, 23% belong to the Northern parts while 24% belong to the Eastern parts of India. Moreover 29% and 23% belonged to Western and Southern parts of India respectively. 59% of the respondents were male, while 41% were female. In terms of the two majority sample groups, 32% reflect the age group of 36YO to 50YO, while 31% reflect the age group of 26YO to 35YO.

Commenting on the CSI report, Pradeep Gupta, Chairman & MD, Axis My India, said “After compromising past two festive seasons to the pandemic and its related constraints, this year consumers are expected to shop more during festivities. One can witness slight increase in expenses across essential and discretionary products already. Further improvement in mobility sentiments highlights the fact that more and more people are enjoying the stores and malls experience of discovering, shopping and gifting. This sentiment is also extended among the Indian farmers, wherein a significant percentage of 15% intends to buy a brand new tractor in the next one year. This is thus a crucial time for the Indian advertising business as spend are expected to bring a lot more returns than usual. As more and more people (61%) are watching online video content (YouTube/OTT) on their mobile/home TV and thereby noticing ads across TV, online and social media platforms, it is of utmost importance for the media industry to tap the right medium for addressing differentiated consumer needs.

Key findings:

·        Overall household spending has increased for 61% of families which is the same as last month. The net score which was +52 last month has increased by +1 to +53 this month

·        Spends on essentials like personal care & household items has increased for 46% of the families which is an increase by 1% from last month. The net score which was at +26 this month has increased by +3 to +29

·        Spends on non-essential & discretionary products like AC, Car, and Refrigerator has increased for 7% of families which reflects an increase by 1% from last month. The net score which was at 0 last month has improved to +2 this month. This could reflect the spirit of festive season approaching.

·        Consumption of health-related items has increased for 37% of the families, which reflects a decrease by 1% from last month. The health score which has a negative connotation i.e., the lesser the spends on health items the better the sentiments, has a net score value of -23, as compared to -24 last month.

·        Consumption of media remains the same as last month, which is 19%. The overall, net score, which is -1, this month, also remains the same.

·        Mobility has increased for 7% of the families, reflecting an increase of 1% from last month.

On topics of current national interest:

·        According to Axis My India Consumer Sentiment Index Survey, 48% of consumers shop/purchase more products during the festive season as compared to rest of the year

·        Digging deeper into the festive spirit, the survey shows that 20% plan to shop more this festive season compared to last year. However 32% plan to shop the same as last year

·        Exploring farmer’s sentiments towards new tractors, the survey found out that 10% are planning to purchase new tractors in the coming year, while 3% and 2% plan to but within 6 months and 3 months respectively. Also, a significant 86% of farmers don’t own a tractor, because of reasons like smaller land size, renting or affordability.

·        In an attempt to understand consumer’s engagements with mobile apps, the survey discovered that on an average consumers have 9 apps on their smartphones. 16% use minimum of 4-8 apps, through their smartphone and 22% have more than 8 apps. A significant 24% mentioned that they use a feature phone.

·        The survey further revealed that a majority of 61% watch online video content like YouTube/OTT on their mobile/home TV.

·        In order to understand in which medium advertisements get noticed more, the survey found out that a majority of 32% notice advertisements on TV, while 26% notice it through online mediums. It also discovered that only 17% notice ads on social media platforms, 15% on Print, 6% on Outdoors and 2% on Radio. 

SBI Card Launches First-Of-Its-Kind “CASHBACK SBI Card” In India

~A unique card with 5% Cashback benefits across all online spends~ 

SBI Card, India’s largest pure-play credit card issuer announced the launch of “CASHBACK SBI Card”, the first-of-its-kind and the most comprehensive Cashback credit card in India. CASHBACK SBI Card is the industry’s first Cashback-focused credit card that enables cardholders to earn 5% Cashback on all online spends without any merchant restrictions. Targeted at customers across all categories, from mass to premium, the card offers a simple, seamless, and completely digital joining experience. Consumers across India, including tier 2 & 3 cities, can easily get CASHBACK SBI Card instantly from the comfort of their homes in just a few clicks through digital application platform ‘SBI Card SPRINT’. 

The contactless card is free for the first year till March 2023 as a special offer. Owing to its strong proposition, CASHBACK SBI Card customer will earn unlimited 1% cashback on all spends, cashback will increase to 5% on all online spends for up to maximum of INR 10,000 per monthly statement cycle. It’s merchant agnostic nature ensures that the customers are not restricted to shopping with just a few merchants to avail the benefits. CASHBACK SBI Card comes with auto-credit of Cashback facility which allows automatic credit of entitled Cashback to the SBI Card account within two days of statement generation.  

Speaking on the launch Mr. Rama Mohan Rao Amara, MD & CEO, SBI Card said, “CASHBACK SBI Card will further strengthen our core card portfolio. This product is a fine example of our continuous efforts towards addressing customers’ evolving needs. During our diverse initiatives, we meticulously assessed affinity of cardholders towards online shopping and Cashbacks. In line, we thoughtfully designed CASHBACK SBI Card that truly empowers customers to avail the Cashback benefits on every purchase, every time, and everywhere. Launch of this unique card is at an opportune time as customers can experience its power every day and make the most during the upcoming festive season.” 

The benefits offered by CASHBACK SBI Card go well beyond its strong Cashback features. Cardholders can avail four complimentary domestic airport lounge visits per year (one visit per quarter). The card also offers 1% fuel surcharge waiver which is valid for transaction amount ranging from Rs 500 to Rs 3,000, with maximum surcharge waiver limit of Rs 100 per billing statement month for each credit card account. The annual renewal fee of the card is Rs 999 plus applicable taxes. CASHBACK SBI Card users can enjoy renewal fee reversal on reaching the milestone of Rs 2 lakh annual spends during the card membership year. CASHBACK SBI Card is available on the VISA platform. 

Key highlights of the card: 

Cashback Benefits:  

5% cashback on every* online spend without any merchant restriction (Up to maximum of       Rs. 10,000 per monthly statement cycle). 

Unlimited 1% cashback on all* spends and utility bill payments. 

Cashback will be automatically credited to respective SBI Card account within two days of the next statement generation 

Joining & Renewal Fees: 

Under a special offer till March 2023, the first year of card membership is free. 

Annual fee reversal of Rs 999 on achieving annual spends of Rs. 2 Lakh or more within a card membership year. 

Fuel Surcharge: 

1% fuel surcharge waiver (Valid for transactions of amount ranging from Rs 500 to Rs 3,000 & maximum surcharge waiver amount of Rs 100 per billing statement month per credit card account). 

Airport Lounge Access: 

4 complimentary domestic airport lounge visits in a year (Maximum of 1 visit per quarter). 

*Cashback is not applicable on Rent Payments, Fuel Spends, Wallet Loads, Merchant EMIs, Cash Advances, Balance Transfer, Encash & Flexipay. 

About SBI Card 

SBI Cards and Payment Services Limited (“SBI Card”) is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel & fuel, and banking partnerships cards along with corporate cards covering all major cardholders’ segments in terms of income profile and lifestyle. The brand has a wide base of over 14 million cards in force as of Q1 FY23. It has diversified customer acquisition network that enables to engage prospective customers across multiple channels. SBI Card is a technology driven company. The Company is listed on National Stock Exchange (“NSE”) and The Bombay Stock Exchange (“BSE”).  

P.S. The brand name of the company is ‘SBI Card’ and it is registered in the name of ‘SBI Cards and Payment Services Limited’. The company is trading under the entity name ‘SBICARD’ on stock exchanges. 

Shyam Steel Plans To Undertake Major Retail Expansion Across North India Markets

* The company plans to invest INR 2500 crore in Brownfield and Greenfield projects  

Shyam Steel, one of the leading producers and manufacturers of primary TMT bars announced its major plan to expand its retail operations across North India, which will include the states of Delhi, Punjab, Haryana, Jammu & Kashmir, Himachal Pradesh, Rajasthan, and the NCR region. The company plans to undertake investments of around INR 2500 crore in brownfield and greenfield projects to expand its production capacity. North India has huge growth potential for the steel sector, and Shyam Steel will aim to be one of the leaders in the primary TMT bar segment across the region. 

Commenting on the development, Mr. Lalit Beriwala, Director, Shyam Steel Manufacturing Limited, said, "We are on a major expansion drive to revamp our retail business operations across North India. We will be expanding our dealer distribution network across Delhi, Punjab, Haryana, Jammu & Kashmir, Himachal Pradesh, Rajasthan, and the NCR region. We are also looking to expand our production capacity from 0.7 million tonnes a year to 1.35 million tonnes a year in the next four years’ time to cater to the demands in the North India market. 

Shyam Steel plans to obtain around 250 dealers in each of the above-mentioned states of North India in the next year. The company plans to generate employment for around 200 to 300 people in each of the states, which will benefit more than 1,000 families. Shyam Steel plans to generate business of around INR 1000 crore through its North India operations in the next two to three years. Currently, Shyam Steel has a production capacity of 0.7 million tonnes a year, and by April 2023, it plans to expand its capacity to 1 million tonnes a year. For this, the company is currently undertaking major brownfield investments of around INR 1000 crore in their state-of-the-art integrated steel plant in Mejia, Durgapur. The expansion work for the plant will be completed by April 2023. 

Shyam Steel is planning to invest another INR 1500 crore in its greenfield plant in West Bengal. The company has already acquired 600 acres of land in Raghunathpur, Purulia, and the work for the project will commence shortly. The plant will have a production capacity of 0.35 million tonnes per year and it will be fully operational by September 2025. The company reported a turnover of INR 4500 crore in the last fiscal year and will be looking to double it to INR 9000 crore in the next three years’ time. 

"We have done an extensive survey across North India in the last six months and have found that there is a huge potential and demand for good quality TMT bars. We want to give our dealers the same quality of TMT bars that are used in the big infrastructure projects, and our team is conducting awareness drives for the dealers across North India to make them aware of the need to use good quality TMT products. Shyam Steel Apna Ghar app will also be an added advantage for us to actively engage with our target audience and business partners, "added Mr. Beriwala. 

The group has four state-of-the-art integrated steel plants located in Durgapur, Mejia, Bamunara, and Howrah. Shyam Steel has emerged as a steel giant with its presence firmly placed in the infrastructure segments including Indian Railways, Defense, Ports, Roads & Highways, Airports, Energy and other key areas of national importance. With its plants located in the State of West Bengal, Shyam Steel caters to the needs of a vast multitude of clients across the country and beyond. Having a highly satisfied customer base and pan India Sales & Marketing network with an extremely professional team and dynamic logistics support system, Shyam Steel has witnessed stellar financial performance with faster growth even during the critical phase of the steel industry.  The brand is associated with Virat Kohli and Anushka Sharma as the face of the company in addition to having Sonu Sood as its Build India Brand Ambassadors. Olympic medallists Lovlina Borgohain and Manpreet Singh was also featured in the recent campaigns undertaken by the brand. The company has also recently launched the Shyam Steel Apna Ghar app to provide consumers with hassle-free purchase of TMT bars and to boost the sales of their dealer distributor network. 

About Shyam Steel: 

Shyam Steel is one of the leading primary TMT Bar manufacturers in India with an annual turnover of Rs 4,500 crore. Guided by a philosophy to produce safe and sustainable steel, it is a pioneer in quality production of steel. Starting its operation with a small factory in Howrah, Shyam Steel has created a legacy of 60 years and has emerged as a large, growing, competitive and multi-product steel organization by delivering quality material through innovation, excellence, and dedication. The group has four state of the art integrated steel plant located in Durgapur, Mejia, Bamunara and Howrah. Shyam Steel has been associated with various government bodies such as National Highway Authority of India (NHAI), railways, military engineering services, Nuclear Power Corporation of India (NPCI) and various state governments. Shyam Steel have signed Olympic medallists Lovlina Borgohain and Manpreet Singh as their Build India Brand Ambassadors in addition to Sonu Sood. The brand is also associated with Virat Kohli and Anushka Sharma as the face of the company. The company has also recently launched Shyam Steel Apna Ghar app to provide consumers hassle-free purchase of TMT bars and to boost the sales of their dealer distributor network.  

Shyam Steel believes that sustainable community development is essential for harmonious development of nation. They have always put forward and contributed towards various corporate social responsibilities for social development which have social, economic and environmental impacts. Their CSR are focused on education, poverty, gender equality, hunger and environment.

From Skater Girl To Shabaash Mithu, Netflix Movies To Celebrate Extraordinary Mentors And Teachers

Teachers and mentors are instrumental in shaping our lives. Over the years the role of the teacher has evolved and so has their portrayal on screen. This Teacher's Day here is our pick of Netflix films and shows that showcase extraordinary mentors and teachers who have been an inspiration to us.

Skater Girl

Featuring Rachel Saanchita Gupta, Amy Maghera, and Shafin Pate, this Netflix Original is a heart-warming tale of a teenage uprising with a societal impact. This story focuses on an ordinary teenager living in a rural area who dreams of becoming a skater and how her life changes when she meets a British-Indian woman (Jassica), who motivates her to chase her dreams and coaches her for skateboarding. Jessica not only fights for Prena's dream of becoming a skater with her family and the villagers but also helps her with funding and resources for the Skating practice.

Toolsidas Junior

Starring Sanjay Dutt and Rajiv Kapoor, this Netflix movie is a heart-warming story of Toolsidas who suffers a painful loss in a Table Tennis competition, in Kolkata. The story gets more engaging when Toolsidas Jr takes on the challenge of mastering this game with the goal to save his father's honour and putting the family name on the winning board. In spite of several hardships along the way, Toolsidas Jr is able to succeed and play for India on the international stage, with aid from Mohammad Salaam.

Kota Factory

Kota has many famous institutes, but it rarely has teachers who dedicate their entire lives to the betterment of their students. Starring Mayur More, Jitendra Kumar, and Ranjan Raj, this show examines the stresses and challenges faced by Vaibhav and his other friends while facing financial difficulties and studying for long hours every day. A twist comes in their life when these students meet Jeetu Bhaiya. In this five-episode series, Jitendra Kumar portrays the strong character of Jeetu Bhaiya who is both an inspiration and a mentor for students studying at his institution.

Shabaash Mithu

Starring Taapsee Pannu, this Netflix movie is based on the journey of cricketer Mithali Raj who suffers discrimination both at home and on the field in her quest to become a cricketer. In the biopic, Vijay Raaz plays a tough coach Sampath, who embodies strength and inspiration for Mithali. It showcases how her life changed when she was recognized by Sampath while performing Bharatnatyam and how she succeeds to become the youngest captain of the Indian women's cricket team. 

Nadir Godrej CMD Of Godrej Industries Recognised As The ‘Exemplary Industrialist Of The Nation’

Godrej Industries Chairman and Managing Director, Nadir Godrej has been bestowed with the ‘Exemplary Industrialist of the Nation’ award at the Sashakt Bharat 2022 for his outstanding contributions to the Indian industry and his role in bringing pride to the nation.

The Board of Guest Editors selected Mr. Godrej as the winner of this award in recognition of his achievements as a conscientious, well-respected, and prosperous industrialist. He was awarded at coffee table book launch ceremony at the Sashakt Bharat 2022, an initiative by Abhyudaya Vatsyalam for honoring the glorious story of India’s development and the stellar personalities associated.

Chairman and Managing Director of Godrej Industries, Nadir Godrej, expressed his appreciation for this honor, and said “It is indeed an honor to receive this prestigious award. I believe, we at Godrej are privileged to be part of our country’s growth journey by being able to serve our nation through our innovative products and solutions. I wish to thank the esteemed Board of Guest Editors for this recognition”

The launch ceremony witnessed the presence of Mrs. Rajashree Birla, Chairperson of the Aditya Birla Centre for Community Initiatives and Rural Development as the Chief Guest. Mr. Deepak Parekh, Chairman of the HDFC Group, was also guest of honor along with Mr. Nadir Godrej.

The Board of Guest Editors for this year's list includes Mr. Shailesh Haribhakti, Chairman of Shailesh Haribhakti and Associates, Mr. G. N Bajpai, Former Chairman, SEBI and LIC, Mr. Pradip Shah, Chairman of IndAsia Fund Advisors Pvt. Ltd., Mrs. Vidya Shah, Executive Chairperson of EdelGive Foundation, Navneet Munot, MD & CEO of HDFC Mutual Fund, Mr. Abhay Tewari, MD & CEO of SUD Life Insurance Co Limited, Mr. Ravi Doshi, Director of Oswal Industries Limited, Mr. Sharad Mathur, MD & CEO of Universal Sompo General Insurance among others.

About Godrej Industries

Godrej Industries (Chemicals) is one of the oldest businesses of the Godrej Group and is in the business of manufacturing oleochemicals in India since 1963. Today, we are one of India’s leading oleochemicals players and manufacture and market over 100 chemicals for use in more than 24 applications. We are expanding our reach globally and our products are exported to over 80 countries in North and South America, Asia, Europe, Australia and Africa. Our state-of-the-art manufacturing facilities are located in India at Valia in Gujarat and Ambernath in Maharashtra.

Over the last decade, we have diversified our product portfolio to include value added specialty products. We are constantly looking for new ways to collaborate and learn from partners across the globe. At the same time, we are also investing significantly in Research and Development to enhance our capabilities and grow our product portfolio. We recently set up a Research and Development centre at Ambernath and a pilot plant at Valia to develop our new range of products. We have also formed a Technology Excellence Group to build on our technical capabilities and cross-pollinate best practices between our factories.

As a part of Godrej Good & Green, we are deeply committed to building a more inclusive and Greener India. In line with this, we are making sustainability a key part of our manufacturing process and value chain and have set ourselves targets for 2020. Our relentless focus on energy conservation has been consistently recognised by several industry bodies such as the Federation of Indian Chambers of Commerce and Industry (FICCI), Indian Chemical Council (ICC) and Confederation of Indian Industry (CII).