Tuesday, April 2, 2024

Nilkamal Sleep Announces “Ranbir Kapoor As Its Brand Ambassador”


Nilkamal Sleep announced Bollywood actor- Ranbir Kapoor as its brand ambassador. This association marks the commencement of an exciting journey, where the brand has teamed up with the actor to revolutionize the mattress industry and bring forth the brand philosophy of "Thoughtfully Designed for You”.

With a rich legacy spanning over 30 years, Nilkamal has established itself as one of the leading furniture companies in India. This association with Ranbir Kapoor will play a pivotal role in elevating Nilkamal Sleep's as a thoughtfully designed sleep solution for the customers, particularly among the new-age audience. His persona as one of India's most beloved and versatile actors, his legacy aligns well with the brand’s journey of catering to the diverse sleeping needs of individuals through product offerings and innovations.

Nilkamal Sleep aims to cater to every customer’s sleeping habits with a wide range of products for Sleep Solutions such as Mattresses, Beds, Pillows and Accessories.

Commenting on the announcement, Mr. Eashan Parekh, Head of Nilkamal Sleep, stated, “We are excited to welcome Ranbir Kapoor into the Nilkamal Sleep family as our brand ambassador. His dynamic personality perfectly aligns with our brand, and we are confident that his association will further amplify our message of promoting healthy sleep and unparalleled comfort. We are positive that Ranbir’s popularity and the relatability factor amongst the new-age audience will strengthen our presence. This association is also commitment towards the mattress as we look forward to revolutionising the mattress category and emerge as a one of the biggest players within the next two years.”

Commenting on the partnership, Ranbir Kapoor, Bollywood Actor and Nilkamal Sleep’s brand ambassador said, "I am delighted to collaborate with Nilkamal Sleep, a legacy brand that truly understands the significance of quality sleep and respects individual sleeping habits. I firmly believe that the mattress plays a crucial role in enhancing the quality of sleep, and Nilkamal Sleep offers a splendid range of products that are exceptionally comfortable, providing a truly restful sleep experience."

About Nilkamal Sleep :

Nilkamal Sleep is a sleep solution brand from Nilkamal LTD. With a design-led approach, the product range meticulously caters to the distinctive sleep requirements of each individual by incorporating the latest advancements in sleep science. The products go beyond conventional offerings, presenting holistic sleep solutions crafted to enhance individuals' sleep experiences. The range includes Mattress, Bed, Pillow, Bedding.

Nilkamal Sleep has state of the art mattress manufacturing capacity across India and with extensive logistical support that helps deliver to all corners of India, making Nilkamal Sleep the ideal partner to cater to the needs of growing and evolving India.

To know more log on to nilkamalsleep.com

Finolex Cables Introduces “"FinoGreen Eco-Safe Single Core Halogen Free Flame Retardant" (HFFR) Industrial cables”


* Setting New Safety Standards in Electrical Installations

Finolex Cables, renowned for its cutting-edge electrical solutions, introduces “FinoGreen Eco-Safe Single Core Halogen Free Flame Retardant (HFFR) Industrial cables”, placing a paramount emphasis on safety and sustainability. These eco-conscious wires, crafted from recyclable raw materials, emit minimal smoke and contain zero halogens, aligning perfectly with Finolex Cables' unwavering commitment to sustainability.

Manufactured with specially formulated Thermoplastic insulation HFI-TP 70, the FinoGreen wires boast low smoke and zero halogen emissions, further enhancing their eco-friendly profile. Notably, the packaging for FinoGreen wires is thoughtfully designed in green boxes, symbolizing environmental consciousness and making a clear statement about the product's sustainable attributes.

Designed to mitigate safety risks in electrical installations, these cables are pivotal in averting accidents, particularly fires, commonly caused by electrical sparking at termination or jointing points. FinoGreen wires significantly reduce smoke emissions, ensuring better visibility and minimal release of Hydrochloric Acid Gas in the event of a fire, thus facilitating safer evacuations and minimizing potential damages.

Amit Mathur, President of Sales & Marketing at Finolex Cables, emphasized the significance of this innovation, stating, "Safety remains our foremost priority, and FinoGreen wires mark a significant advancement in upholding the highest safety standards in electrical installations." He further highlighted the suitability of these cables for use in various settings, including high-rise buildings, shopping malls, airports, and high-security areas, where stringent safety standards are non-negotiable.” Mathur added, "Beyond their exceptional safety features, our eco-friendly wires underscore our unwavering commitment to sustainability. We believe that responsible innovation is pivotal in shaping a safer and more sustainable future."

FinoGreen Single Core HFFR (Low Smoke & Zero Halogen) insulated Industrial Cables are designed for voltages up to 1100 V a.c., 50 Hz, catering to power and lighting systems, and are ideal for low-temperature applications. With excellent flame-retardant properties and stability, these wires offer enhanced durability and are recommended for installations where safety is paramount.

Torque Pharma's “No Scars” Brand Honored As India's Most Trusted By Team Marksmen


Torque Pharma, one of India's leading pharmaceutical companies, has been recognized for its “No Scars” Cream as one of the most trusted brands in India, as announced by Team Marksmen, a renowned market research and consulting firm. This prestigious recognition underscores Torque Pharma's unwavering commitment to quality, innovation, and customer satisfaction. Team Marksmen, known for its comprehensive and impartial evaluation of brands across various sectors, conducted extensive research to identify brands that have earned the trust and confidence of Indian consumers. After thorough analysis and scrutiny, 'No Scars' emerged as a standout brand, revered for its efficacy and reliability.

Torque Pharma's ‘No Scars’ brand is well known for its Cream (a prescribed medicine), Face Wash & Soap, known for its astounding ability to effectively diminish the appearance of scars, spots, and marks. The ‘No Scars’ cream helps in fighting Melasma, a common skin problem that causes dark, discolored patches on the skin. ‘No Scars’ Cleansing Neem Face Wash is a gentle and effective daily facial cleanser that removes impurities and fights occasional acne without drying skin and the bathing soap is made from a blend of natural and organic ingredients, ensuring a gentle and soothing cleanse.

A.I.S Bedi, the Managing Director of Torque Pharmaceuticals said, “I am pleased to announce that our flagship brand, ‘No Scars’ has been recognized as one of India’s most trusted brands by Team Marksmen Daily. This accolade reaffirms our dedication to delivering quality healthcare solutions that empower individuals to embrace confidence and wellness. I would further like to thank our customers for their unwavering support and for making ‘No Scars’ one of the most trusted brands in India.”

Mandeep Singh, Executive Director of Torque Pharmaceuticals said, “We are thrilled to announce that our flagship brand ‘No Scars’ has been recognized as India’s most trusted brand by Team Marksmen Daily.  "Being recognized as India's Most Trusted Brand for 'No Scars' is a testament to the dedication and integrity of our team at Torque Pharma. This recognition serves as a validation of Torque Pharma’s steadfast commitment to innovation and excellence within the pharmaceutical industry.”

Rajesh Khubchandani, Co-Founder and CEO, of Team Marksmen Network, said, “Trust is no longer just a nice-to-have; it is a strategic differentiator for brands, and the Most Trusted Brands of India 2024 epitomizes this spirit. Through a rigorous, research-driven process, we have spotlighted brands that have prioritized trust by aligning their actions with their values, embracing transparency, and consistently delivering on their promises. In this way, they not only create thriving but also leave an indelible mark on the lives they have touched."

As Torque Pharma celebrates this milestone, the company remains steadfast in its mission to empower individuals to lead healthier and happier lives. With a diverse portfolio of products that cater to various healthcare needs, Torque Pharma continues to set new benchmarks for quality and reliability in the pharmaceutical industry.

For more information about Torque Pharmaceuticals and its 'No Scars' brand, please visit- (https://www.torquepharma.com/our-brands).

Rentokil PCI To Set New Standards In The Pest Control industry With The Acquisition Of HiCare


Rentokil PCI, India’s leading pest control service provider acclaimed for its expertise in pest control, has acquired HiCare Services Pvt. Ltd., a hygiene and pest management company via a share purchase deal. Rentokil PCI is part of Rentokil Initial plc.

This strategic alliance underscores Rentokil’s commitment to invest deeply within the Indian market. Facilitated through a share purchase deal, this acquisition includes HiCare’s customers, people and assets of the company propelling both entities towards sustained growth, innovation, and an optimistic future.

"The synergy stemming from this collaboration is a testament to our collective strength and shared vision," remarked David Lewis, Managing Director, Rentokil PCI. "This strategic acquisition solidifies our vision to delivering unparalleled services and spearheading groundbreaking advancements in the pest control domain in India. Together, we are stronger, poised to redefine industry standards."

The integration of Rentokil PCI's resources, expertise, and expansive market reach with HiCare’s specialized capabilities will empower the combined entity to maintain its pioneering role within the pest control industry. This amalgamation of strengths promises to reshape the landscape of Pest Control in India with the cutting-edge global standards in pest control.

"Our union with Rentokil PCI represents a significant milestone in our journey towards excellence," expressed Pinakin Shah, CEO of HiCare. "By combining our strengths, we are committed to amplifying our offerings, leveraging our shared expertise, and fostering unparalleled innovation within the industry."

With HiCare’s high quality commercial customer base and their headquarters situated in Mumbai, this strategic acquisition underscores Rentokil PCI's unwavering dedication to extending its footprint, enriching its capabilities, and reaffirming its leadership position in the Indian market.

The collaborative force between Rentokil PCI and HiCare sets the stage for unprecedented expansion, unparalleled service standards and innovation. By pooling resources, expertise, and unwavering commitment, the unified entity is poised to establish new benchmarks of excellence within the pest control industry in India.

About Rentokil PCI

Rentokil PCI is the leading pest control service provider in India. A Rentokil Initial brand, Rentokil PCI, was formed in 2017 through a joint venture (JV) between Pest Control India, the leading pest control company in India, and Rentokil, the world’s leading pest control brand. Rentokil PCI strongly aims to set new standards for customer service, having operations in over 300 locations in India. Rentokil PCI focuses on developing industry-leading service operations through the sharing of best practices, leading-edge innovations, and avant-garde digital technologies.

As the most trusted pest control and disinfection service providers in India, Rentokil PCI takes immense pride in its diversity, social responsibility, sustainability, and education initiatives. The expertise of the corporation is backed by its 6800+ employees and highly trained technicians (500+ Bird Pro certified employees, 550+ certified fumigators, and 35+ AFOs). At present, Rentokil PCI is serving a wide range of customers across industries - ranging from the largest multinational pharmaceutical, industrial, and food production companies to local, small-scale shops, restaurants, residential premises, and more.

Calling All Young Stars: Shine Bright At Embassy Academy’s Younique Talent Show & Kids’ Carnival!


Are you ready to witness the magic of young talent sparkle on stage? We're thrilled to announce Embassy Academy’s upcoming Younique Talent Show, where young stars will have the opportunity to shine brighter than ever before!

The Guest of Honour and Judge of the Younique Talent Show will be Prasad Bidapa, Bengaluru-based fashion stylist, consultant, and choreographer

About the Show:

This isn't just any talent show; it's a celebration of creativity, passion, and imagination! From singing sensations to dancing dynamos, from comedy kings and queens to mesmerising magicians – we welcome all talents, big and small, to take centre stage and showcase their extraordinary skills.

Why Participate?

Build Confidence: Showcasing talents in front of a supportive audience helps boost confidence.

Make Memories: Create unforgettable memories for your child and the whole family.

Prizes worth up to 2 lakhs!

·         Age Criteria for Participants

Ø  Group 1: 3 – 7 years

Ø  Group 2: 8 – 12 years

*Age as on 31st March 2024

·         Last date for registration: Hurry! Spaces are filling fast. The last date to register is 2nd April, 2024

·         Event date and time: 6th April, 2024; 12:30 – 6:00 pm

·         Venue: Embassy Academy, Plot No.831/1, Embassy Springs Nagamangala Village, Kundana Hobli, Taluk, near MS Engineering College, Devanahalli, Bengaluru, Karnataka 562110.

·         To Register Call: 9513338457/9413338460

About Embassy Academy

Embassy Academy spans over 5 acres at the heart of Embassy Springs, a 288-acre living space in the north of Bengaluru. The lush green campus offers world-class facilities with a technology-enabled curriculum and top-notch sports infrastructure. Equipped with smart classrooms, labs, studios, and activity halls, it prioritises quality education and holistic student growth. A space where spirited young minds can channel their creative and academic energies.

Embassy Education: Decades of Excellence

Founded by Embassy Group, we stand out from emerging educational startups by aligning ourselves with other esteemed global schools and offering comprehensive programmes beyond academics. We have been in the service of education since 2008, when we first laid the foundation for the prestigious Stonehill International School in Bengaluru. After 15 years of success, we blend best practices, safe spaces, and innovative learning to foster a diverse community of educators and students.

Telecommunications: Jan-24 TRAI Subscriber Data: Bharti Active Subs Pick Up Further


BUY

NIFTY 50: 22,462

The telecom industry’s VLR base rose by 2.7mn in Jan-24 vs. the 1.9mn increase in Dec-23. This was led by the reported subscriber base increasing by 2.2mn in Jan-24. While VIL’s VLR subscribers are down by 1.7mn MoM, Bharti/Jio saw VLR subscriber rise of 3.6mn/1.1mn, respectively. In terms of overall subscribers, Jio continued to report the highest addition for the 22nd straight month (at 4.2mn MoM in Jan-24), with Bharti lagging at 0.8mn adds. VIL reported subscriber loss of 1.5mn MoM, as the loss rate picked up from 1.4mn in Dec-23. Jio seems to have gained from the launch of JioBharat phone. Jio dominated the wireless broadband subscriber addition, with increase of 4.2mn; Bharti followed, logging a 2.4mn rise MoM. VIL’s wireless broadband subscriber-count was down by 0.5mn MoM. Jio’s wireline addition rate picked up further, with the addition of 0.25mn subs (vs. 0.23mn adds in Dec-23). Even as Jio and Bharti continue with 5G rollouts, the timing of the tariff hike remains the key trigger. VIL needs a sizable fund-raise to increase capex for restricting its subscriber loss. We continue to favor Bharti and Jio, among telcos.

Player-wise analysis

Bharti Airtel: Airtel added 3.6mn active subs in Jan-24 vs. 3.0mn active subs added in Dec-23. Its active market share is now 36.3%, up by 25bps QoQ. On reported basis, Airtel added 0.8mn subs in Jan-24 vs. 1.9mn in Dec-23. Active subs addition was supported by higher VLR MoM (99.6% in Jan-24 vs. 98.9% in Dec-23). Uttar Pradesh (UP), Kerala, and West Bengal were the positive contributors to VLR, while Karnataka, Mumbai and Bihar were the major laggards.

Reliance Jio: RJio added 1.1mn active subs in Jan-24 vs. 1.2mn in Dec-23. On reported basis, RJio added 4.2mn subs vs. 4.0mn in Dec-23, possibly supported by sale of JioBharat phones. However, active subs addition was lower vs. reported, as VLR for RJio reduced to 91.7% from 92.3% in Dec-23. RJio’s peak VLR was 94.5% in Jun-23. The reducing VLR points to its actual active subs being lower vs. the reported subs number. Karnataka, Madhya Pradesh, and Odisha were the main contributors to the VLR increase, while Tamil Nadu and Bihar were the major laggards.

Vodafone Idea: Vi lost 1.7mn active subs in Jan-24 vs. a 1.8mn loss in Dec-23. Its active market share was down MoM to 18.6% vs. 18.8%. On reported basis, its subscriber number was down 1.5mn QoQ in Jan-24 vs. loss of 1.4mn subs in Dec-23. VIL lost VLR subscribers in 17 of the 22 circles MoM in Jan-24. Mumbai was the major positive contributor to the VLR, while UP (East), Bihar, and Rajasthan were the major laggards.

Urban-Rural mix: Jio continues to lead with the addition of 1.9mn rural subscribers, followed by Bharti adding 0.9mn subscribers (0.2mn in Dec-23). This is led by Jio’s focus on converting more 2G users to 4G through its JioBharat phones. The highest urban mix was reported by Jio at 55.9%, followed by Bharti at 51.4%, and VIL at 51.3%.

Broadband subscriber base: Jio leads in both, wireless and wireline

Jio was the leader in wireless broadband subscriber additions, with 4.2mn growth MoM, while Bharti added 2.4mn broadband subscribers. VIL’s wireless broadband subscribers were down by 0.5mn MoM vs. 0.7mn MoM addition in Dec-23. Jio continued to consolidate its leadership position in the wireline broadband space, with 0.25mn additions (vs. 0.23mn additions in Dec-23). Bharti maintained its #2 position with 0.11mn additions (additions remaining flat MoM).

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Tata Motors Registered Total Sales Of 2,65,090 Units In Q4 FY24


Total PV Sales of 1,55,651 units, +15% YoY

Total CV Sales of 1,09,439 units, -6% YoY

Tata Motors Limited sales in the domestic & international market for Q4 FY 2023-24 stood at 2,65,090 vehicles, compared to 2,51,822 units during Q4 FY 2022-23.

Domestic sales of MH&ICV in March 2024, was 19,976 units vs 22,437 units in March 2023; In Q4 FY24 it was 50,643 units, compared to 54,435 units in Q4 FY23.

Domestic & International sales for MH&ICV in March 2024, was 20,551 units vs 23,074 units in March 2023; while in Q4 FY24 it stood at 52,186 units, vs 56,059 units in Q4 FY23.

Mr. Girish Wagh, Executive Director, Tata Motors Ltd. said, “FY24 began on a promising note for the commercial vehicles industry with the industry expecting to scale the previous volume peak achieved in FY19. The trend of YoY sales growth in volumes across most segments of H1FY24 moderated in H2 due to the combined effects of a high base, elections held across 5 states in Q3FY24 and upcoming General Elections in Q1FY25. The industry transitioned to BS6 Phase II emission norm and we used this opportunity to significantly enhance key attributes across our entire vehicle portfolio. Equipped with smarter technologies to deliver even better performance and value, the advancements have been well received by customers leading to overall sales of ~3,96,000 units in FY24.

In Q4FY24, domestic sales at 1,04,922 units were marginally lower than Q4FY23 sales of 1,12,145 units, which had benefitted from increased pre-buy due to BS6 Phase II transition. The M&HCV segment contracted marginally ~6% vs Q4FY23, with demand continuing from the government’s infrastructure initiatives, expansion in core industries, and sustained growth in e-commerce. The Passenger Commercial Vehicles segment continued to register robust post pandemic recovery with sales rising ~38% vs Q4FY23. Sales volume of small and light commercial vehicles reduced by 10% vs Q4 FY23 largely due to financing constraints experienced by the ‘First Time User’ category.

Going forward, with promising GDP growth outlook, incentives from government to improve productivity in both manufacturing and agriculture sectors, and continuing focus on infra related developmental projects, demand for commercial vehicles is expected to improve from the in latter half of Q2FY25. We remain cautiously optimistic about domestic demand while keeping a close watch on geopolitical developments, interest rates, fuel prices and inflation.”

Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.

Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “Passenger vehicle sales in India are projected to set a record in FY24 with over 4.2 million units sold supported by strong growth in SUV sales (SUVs expected to surpass 50% of overall sales in FY24 vs 43% in FY23) and rising popularity of emission-friendly powertrains. With sales of cars powered by traditional fuels (petrol and diesel) flattening, almost the entire incremental volume growth of FY24 is expected from rising sales of emission-friendly powertrains. EV and CNG segments are projected to post robust growth of 70% and 55% respectively in FY24 vs FY23, on the back of multiple new launches, growing charging infrastructure and CNG stations, significantly lower operating costs and growing consciousness among customers to be environment friendly.

In FY24, Tata Motors Passenger Vehicles (including EVs), posted its third consecutive year of highest ever sales with wholesales of 5,73,495 units (up 6% vs FY23) and retail sales growing around 10% vs FY23 (Vahan-based).  Although, no new nameplate was launched, our unique multi-powertrain strategy enabled us to deliver healthy growth with vehicles powered by CNG and EV contributing nearly 29% of overall sales. In CNG, our portfolio of four products with innovative twin-cylinder technology, grew over 120% vs FY23. The preference for Tata.ev products across both personal and fleet segments continued to grow and further strengthened our leadership in this segment with sales of 73,833 units and registering a strong 48% growth vs FY23.

In Q4FY24, Tata Motors Passenger Vehicles (including EVs) recorded its highest ever wholesales of 1,55,651 units, registering a growth of 15% vs Q4FY23. During the quarter, the highest number of EVs (20,640 units) were sold, posting a robust growth of 29% vs Q4FY23. In March’24, the company crossed sales of 50k units for the third consecutive month, led by new launches in CNG and EVs and continued strong response being received for the new Nexon, Harrier and Safari, launched in earlier quarters.

Going forward, we expect the demand for passenger cars to remain strong, although the high base effect may keep the growth rate in single digit. Customers’ rising preference for safe and green vehicles should result in double digit growth for sale of cars with emission-friendly powertrains supported by new launches and a stronger value proposition - emission-friendly, lower total cost of ownership and equipped with smarter features.”

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