Dalmia Cement Wins The Esteemed “CII CAP 2.0o Award” For Exemplary Climate Resilience

* DCBL reaffirms its position as a trailblazer in sustainable business practices, driving towards a future of environmental resilience and prosperity.

Dalmia Cement (Bharat) Limited (DCBL), a leading force in India's cement sector has won the coveted “Climate Action Programme (CAP 2.0) Award” 4th Edition, conferred by the Confederation of Indian Industry (CII). This significant recognition highlights DCBL's steadfast dedication to climate resilience and sustainability and its innovative corporate efforts against climate change. The award was presented by Shri Dinesh Dayanand Jagdale, Joint Secretary, Ministry of New and Renewable Energy, Government of India.

The CAP 2.0° initiative by the CII-ITC Center for Excellence for Sustainable Development, aims to commend, and project meaningful corporate endeavors addressing climate change. By integrating climate action into the organizational business model, the initiative champions sustainable practices across industries.

Company Spokesperson said, "The CAP 2.0° Award from CII is a testament to our relentless pursuit of sustainability at Dalmia Bharat. We are proud to lead the charge in climate action, integrating innovative practices that not only mitigate environmental impact but also drive our business forward. This recognition fuels our commitment to pioneering solutions that redefine industry standards while fostering a sustainable future for generations to come."

DCBL's dedication to sustainability shines through its innovative approach to climate action. Through strategic collaboration and resource optimization, the company exemplifies a commitment to environmental stewardship. Guided by its business philosophy of "Clean and Green is Profitable and Sustainable”. Dalmia Cement has achieved one of the lowest carbon footprints globally in the cement sector, with CO2 emissions at 463 kg per ton FY23. It is the first cement group committed to becoming carbon negative by 2040.

The company is also a leading producer of slag cement in India, with an impressive 84% blending ratio. It has pioneered the use of recycled waste in cement kilns and embarked on the transition to electric vehicles by joining EV100, becoming the first globally to triple join RE100, EP100, and EV100 initiatives. Additionally, the company has achieved 14 times water positivity in FY23. With steadfast focus on expanding its scale, enhancing its brand, harnessing digital technology and prioritizing sustainability, the company is well position to capitalize on future growth prospects.

About Dalmia Cement (Bharat) Ltd:

Dalmia Cement (Bharat) Limited (DCBL), a subsidiary of Dalmia Bharat Limited (BSE Code: 542216|NSE Symbol: DALBHARAT and listed in MSE), is a leading player in the cement manufacturing segment and has been in existence since 1939. Dalmia Cement (Bharat) Limited prides itself on having one of the lowest carbon footprints in the cement world globally. It is the first cement company to commit to RE100, EP100 & EV100 (first triple joiner) – showing real business leadership in the clean energy transition by taking a joined-up approach. With a growing capacity, currently pegged at 44.6 MnT, Dalmia Cement is the fourth-largest cement manufacturing group in India by installed capacity. Spread across ten states and fifteen manufacturing units, the company is a category leader in super-specialist cement used for oil well, railway sleepers and airstrips and is the country’s largest producer of Portland Slag Cement (PSC). Visit us at?http://www.dalmiacement.com.

Nine Hospitals From Aster DM Healthcare Recognized In Newsweek’s ‘World's Best Hospitals 2024’ List

* With an increase from 6 hospitals last year to 9 hospitals this year, Aster DM Healthcare has one of the highest number of hospitals to be recognised from a healthcare group in India and GCC.

Aster DM Healthcare, a leading integrated healthcare provider in India and GCC, has announced that 9 of its hospitals have been featured in Newsweek magazine’s prestigious World’s Best Hospitals list 2024.

In India, 5 hospitals from different geographies have been featured. The hospitals are: Aster CMI Hospital, Bengaluru (Rank #20), Aster Medcity, Kochi (Rank #34), Aster MIMS Hospital, Calicut (Rank #78), Aster Prime Hospital, Hyderabad (Rank #93), and Aster RV Hospital, Bengaluru (Rank #75). In UAE, 4 hospitals within the Aster network have been recognized - Aster Hospital – Mankhool (Rank #5), Aster Hospital - Al Qusais (Rank #14), Medcare Hospital – Al Safa (Rank #34) and Medcare Women & Children Hospital – Sheikh Zayed Road (Special for Women & Children care). Simultaneously, Most Aster hospitals featured in the list have progressed in their ranking, showcasing substantial improvement compared to the previous year.

Commenting on the recognition, Dr. Azad Moopen, Founder Chairman, Aster DM Healthcare, said “We take great pride in Newsweek's recognition of nine hospitals from the group this year, which validates our unwavering commitment to delivering world-class healthcare across our facilities in India and GCC, and the trust that our patients and their families place in us. This is a recognition of the constant hardwork and dedication of our doctors, nurses and employees to provide the best medical treatment and patient care, setting exceptional benchmarks.”

Alisha Moopen, Managing Director and Group CEO, Aster DM Healthcare GCC, said, “Newsweek's recognition fuels our commitment to perfecting the synergy of clinical excellence and top-notch service, making Aster a trusted healthcare brand in GCC and India. Our success lies in a three-pronged strategy that seamlessly integrates outstanding clinical outcomes, unparalleled patient experiences, and sustainable competitive pricing. This cohesive approach has allowed us to create a reliable formula, consistently securing top ranks on prestigious lists like these.”

Newsweek's renowned ‘World's Best Hospitals List’ is synonymous with acknowledging healthcare establishments upholding international standards in delivering clinical excellence and patient care. Newsweek, in collaboration with Statista, surveyed 85000 medical experts and public data to publish the rankings.

100 Years, 123 Feet Dosa: MTR Celebrates 100 Years With A GUINNESS WORLD RECORDS™ Title For The Longest Dosa

Celebrating it’s 100-year journey, MTR Foods announced that they are now the new GUINNESS WORLD RECORDS title holder for the Longest Dosa in partnership with Lorman Kitchen Equipments. MTR's signature Red Rice batter was used to prepare this monumental dosa at its Bommasandra Factory. The record was created by a team of 75 chefs, comprising of both seasoned experts and budding culinary talent, under the guidance of MTR's Cuisine Centre of Excellence. This record-breaking endeavour epitomizes the brand's mastery of culinary craftsmanship and demonstrates its expertise in South Indian food.

The dosa holds a cherished place in the hearts and palates of people across India, serving as the perfect centrepiece for this historic occasion. As Mr. Sunay Bhasin, CEO of MTR, said, “This is a moment of immense pride for us. We were attempting for a 100 feet dosa, however, we have outdone ourselves and have created a 123 feet dosa. This monumental dosa is a celebration of our heritage and the love we have been receiving for generations. Dosa has been a part of MTR’s legacy from the very beginning and it continues to be one of the most loved products of MTR even today. From being a humble South Indian dish, it is now recognized and loved worldwide. The longest dosa world record is a celebration of our bond with our consumers and their favourite dish.”

Mr. Chandra Mouli, MD, Lorman Kitchen Equipment Pvt. Ltd. added, “World’s Longest Dosa is being cooked on a specially built induction stove, the biggest ever from Lorman. Induction cooking equipment are highly efficient, sustainable, and eco-friendly, creating a safer ecosystem for chefs, we are proud to be partnering with MTR on this remarkable event.”

This creation also serves as a symbol of community spirit, bringing together food enthusiasts. This culinary marvel was shared not only with MTR's dedicated employees but also with children from local schools and members of the surrounding communities. With this, MTR broke the previous world record title of longest dosa of 16.68 m (54 ft 8.69 in).

About MTR: With a 100-year-old history of serving authentic Indian Food to Indians, MTR stands tall as an Indian heritage brand. The journey to being India's premier, processed food brand has been marked by a constant focus on innovation and the adoption of new technology. However, every MTR product always embodies the tradition of unmatched taste and quality. Culinary secrets that have been protected and handed down over the generations are transformed into authentic recipes that are trusted and used by thousands of mothers. The MTR of today is your friend in the kitchen and promises to help you serve the authentic taste of India to your family.

A popular household name, MTR is synonymous with delicious Indian food in an easy-to-use packaged format. With a diverse portfolio including many iconic products like Sambar Powder, Puliogare, Rava Idli, Gulab Jamun Mix, Badam drink mix which are household names today, MTR unifies India tastefully - making the homemaker the ‘hero’.

Need To Be Vigilant While Following Procedures In Carnet At Every Country Entry And Exit, Points Deputy Commissioner Of Customs, Blr

Mr Animesh Garg, Deputy Commissioner of Customs, Bengaluru, yesterday stressed on the need to be vigilant and careful while following the procedures of stamping, sealing and getting entries registered in the carnet correctly at every country entry/exit point. He called for giving the same importance to carnets as one would give to their respective passports.

Addressing the ‘Workshop on ATA Carnet’ organized by FICCI, jointly with the Federation of Indian Granite Stone Industry (FIGSI), Federation of Karnataka Chambers of Commerce & Industry (FKCCI) & Bangalore Chamber of Industry & Commerce (BCIC), Mr Garg assured that the local customs would come forward if any ATA Carnet user faces delay or harassment. He further stated that close cooperation between the customs department and FICCI would help in overcoming the practical difficulties. He added that the Customs in Bengaluru has recently introduced Standard Operating Procedures (SOP) for ATA Carnet import and export consignments to be followed by all exporters/traders in Bengaluru Ports.

Highlighting the importance of the workshop for the local export community Mr K. Ullas Kamath, Chairman, FICCI-KSC said, “The workshop is a great initiative by FICCI in educating people on the use of Carnet and appreciating the value it brings to the export community.” He further said that small, medium entrepreneurs and startups in Karnataka can avail the benefit of ATA Carnet to display, showcase and market their products in the overseas market.

Elaborating on ATA Carnet, Mr PS Pruthi, Senior Consultant, FICCI & Former Member Customs Excise & Service Tax Appellate Tribunal (CESTAT) said the scheme was like a global customs document. “It simplifies customs procedures at different customs stations to facilitate temporary importation of goods,” he stated while adding that the ATA Carnet is already being used in 79 countries, including India. He also talked about e-Carnet system to be introduced worldwide by World ATA Carnet Council (WATAC) in association with Word Customs Organisation (WCO) in 2-3 years.

Mr S. Krishna Prasad, President, FIGSI, Mr Ramesh Chandra Lahoti, President, FKCCI & Mr N.R. Badrinath, Chairman of Indirect Taxes Committee, BCIC also shared their perspective during the event.

ATA Carnet is a temporary admission document which simplifies the customs procedures and clearances in a foreign country, without paying duty or a bank guarantee for temporary import into that country. Like a passport for goods, ATA Carnet allows the goods for which it was issued to enter any of the participating countries for up to one year. An ATA Carnet holder can avoid customs declaration and can do away with security deposits or guarantees in the country of importation. In India, FICCI is the sole National Guarantor for ATA Carnets.

ATA Carnet covers several areas for use including trade fairs, shows, exhibitions, meetings etc. for temporary export into a country which is a signatory to the conventions governing ATA Carnets. Goods must be re-exported out of every country and re-imported into India within a year. At present 79 countries recognize ATA Carnet, including Australia, Canada, France, Germany, Japan, Korea, Malaysia, Spain, UAE, UK and USA.  

The workshop drew participation from industry experts, exporters from various sectors, fair and exhibition organizers etc. The event provided them with a unique opportunity to share their mutually beneficial knowledge and experiences. The industry discussed issues involved with respect to temporary imports of goods and drew benefit from the deliberations of the sessions. 

Managing Director Of LG Electronics India Travels To Hubli Marking His 51st Visit Across The Country In 1 Year

The Managing Director of LG Electronics India, Hong Ju Jeon visits Hubli in Karnataka, marking his 51st branch visit in the country. This visit underscores LG's commitment to understanding regional consumer preferences.

Mr. Jeon was in charge of the Gulf region as subsidiary President of LG Electronics before coming to India in Jan 2024 as the Managing Director. Considering the vast demographics and growing economy of India, he aims to increase the consumer base by adopting a consumer-centric approach. Mr. Hong has spearheaded initiatives aimed at strengthening LG's brand position in India. Under his guidance, LG has introduced flagship products such as the WASH TOWER, INSTA VIEW Refrigerator, and OLED TV, tailored to meet the evolving needs of Indian consumers.

During his visit, Mr. Hong Ju Jeon engaged with local retailers and on-ground teams to gain a comprehensive understanding of the region's dynamics. He emphasized collaboration and transparency in fostering long-term relationships with Partners and other stakeholders across the country.

As LG continues to expand its foot prints in India, Mr. Hong is committed to driving innovation and maintaining LG's position as a trusted leader in the consumer electronics and home appliances market.

Commenting on his visit, Mr. Hong Ju Jeon-MD LG Electronics India stated, "Our commitment to the Indian market goes beyond just delivering innovative products. We believe in actively listening to our consumers, understanding their needs, and striving to exceed their expectations. I am extensively touring across India to gain firsthand insights that drive our efforts to continuous improvement”.

Mr. Hong’s vision revolves around actively engaging with consumers and stakeholders at the grassroots level. By regularly visiting regional markets, he aims to gather invaluable feedback directly from frontline teams. This approach enables LG to adapt its product offerings and business strategies according to the dynamic preferences and challenges faced by Indian consumers.

About LG Electronics India Pvt Ltd               

LG Electronics India Pvt. Ltd. (LG Electronics), a wholly owned subsidiary of LG Electronics Inc, South Korea was established in January 1997 in India. It is one of the most formidable brands in consumer electronics - Home Entertainment, home appliances*, HVAC, IT hardware. In India, LG Electronics has earned a premium brand positioning and is an acknowledged trendsetter in the industry.  LGEIL's manufacturing unit at Greater Noida is one of the most eco-friendly units among all LG manufacturing plants in the world. The second Greenfield facility is located at Ranjangaon; Pune which manufacture LED TVs, air conditioners, commercial air conditioning systems, washing machines, refrigerators, and monitors.

*Home Appliances include- Refrigerator, Washing Machine, AC, Water purifier, Microwave, Fan, Dishwasher & Air purifier.

BMW Motorrad kick-Starts GS Experience Level 1, 2024 Training Program In Bengaluru

* Two-day adrenaline-pumping GS riding experience for GS motorcycle owners by BMW Motorrad IIA (BMW Motorrad International Instructor Academy) certified trainers.

* #BMWMotorradIndia #BMWMotorrad #MakeLifeARide #GSExperience #Adventure #Biking #Training #Riding #GSExperienceIndia #GSExperience2024.

BMW Motorrad commences its most awaited training program – GS Experience Level 1, 2024 in Bengaluru. The two-day training program will be held on 16-17 March 2024.

The GS Experience presents an unparalleled opportunity for riders to discover the extraordinary prowess of BMW Motorrad's iconic GS series, perfectly suited to its natural terrain. This exclusive, two-day event offers a bespoke training program tailored specifically for owners of BMW's adventure motorcycles, promising a deep dive into the world-class capabilities of the legendary GS range.

Designed exclusively for BMW GS owners, the two-day level 1 program will help riders to master basics of off-road riding. The day 1 training program is for BMW GS owners of 650 cc and above GS bikes. While the day 2 is for BMW 310 GS riders. The training includes basic familiarity of the motorcycle, understanding of correct rider position, enduro steering and other exercises such as off-road riding, emergency stops on slope, emergency braking and riding on inclines. Riders automatically qualify for level 2 training upon successful completion of level 1.

The GS Experience showcases the dynamic qualities of each GS model in real-world conditions and techniques to enjoy the Spirit of GS while ensuring highest safety. Each session includes a briefing and demonstration by BMW Motorrad IIA (BMW Motorrad International Instructor Academy) certified trainers, that will take riders through the impressive array of technologies available on the GS range of motorcycles. The sessions offer riding experience on a combination of bitumen and off-road under expert supervision.

For registration and further details please contact the nearest BMW Motorrad Dealership.

Transrail Lighting Limited Filed DRHP With Market Regulator SEBI

DRHP Link: https://ingaventures.com/docs/offer-docs/Project_%20Ruby-DRHP_(Filing_version).pdf

Transrail Lighting Limited (“The Company” or “TLL”) has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”) and BSE Limited and National Stock Exchange of India Limited.  

The Company is one of the leading Indian engineering, procurement and construction (“EPC”) companies with integrated manufacturing facilities for lattice structures, conductors, and monopoles. TLL have a track record of four decades in providing comprehensive solutions on a turnkey basis globally and have been a trusted and longstanding partner in the power transmission and distribution sector.

The Company plans to raise fund by offering equity shares of face value ? 2 each (“Equity Shares”) through Initial Public Offering. The total offer size comprises of Fresh Issue of Equity Shares aggregating up to ? 4,500 million (?  450 crore) and an offer for sale of up to 10,160,000 of Equity Shares ("Offer for Sale”) by Ajanma Holdings Private Limited. (The “Promoter Selling Shareholders”), . (The “Offer”)

The Company proposes to utilize the net proceeds from the Offer towards funding incremental working capital requirements upto ? 2,500 million (? 250 crore), funding capital expenditure upto  ? 909.02 million (? 90.90 crore) and balance amount for general corporate purposes. (The “Objects of the Offer”) 

According to the CRISIL Report, TLL has also reported the highest growth in its revenue from operations at 35.1% among its peers in Financial Year ended March 31, 2023.

Inga Ventures Private Limited, Axis Capital Limited, HDFC Bank Limited and IDBI Capital Markets & Securities Limited are the Book Running Lead Managers to the Offer. (The “BRLMs”)

About The Company:

Transrail Lighting Limited has a footprint in more than 58 countries like Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua etc. including turnkey EPCs or supply projects. As of September 30, 2023, the company has undertaken EPC of 33,500 circuit kilometers (“CKM”) transmission lines and 30,000 CKM distribution lines, domestically and internationally. Transrail Lighting Limited provides EPC services in relation to substations up to 765 kilovolts. The company has presence in all the power transmission and distribution segments and majorly in high voltage and extra high voltage segments.

Other than the power transmission and distribution business, Transrail Lighting Limited also has other business verticals, such as, civil construction, poles and lighting, and railways. Over a period of time, the company has steadily invested into backward integration by adding manufacturing units for towers, conductors and poles to their business and have developed the ability to provide comprehensive solutions including designing, manufacturing, procuring, testing and supplying of conductors, towers etc. for their EPC projects and also towards direct supplies. Generally, these products and services cover a substantial part of the EPC value in a typical transmission line project, which reduces their dependency on third-party suppliers.