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.

Avtar’s Flagship Conclave For Women Professionals, SEGUE Sessions In Its 16th Edition Draws Over 100 Attendees

* Pre-order of Dr Saundarya Rajesh’s next book that addresses workplace challenges for women announced at SEGUE

* Role Model Women Professionals Delivered Sessions on Powering through by Inspiring Inclusion

* From navigating risks in career journeys to managing finances to overcoming double-bind paradox, SEGUE Sessions covered it all

Avtar Group, Diversity, Equity and Inclusion (DEI) Solutions firm, hosted the 16th Edition of SEGUE Sessions – a half-day event designed to empower Indian Women Professionals navigate their professional landscape with clarity and purpose under the theme #PowerTheShift. 

Segue Sessions is one of the most impactful and successful confluences for women professionals, hosted by Avtar Group.  Segue Sessions is aimed at enabling women professionals build sustainable and successful career paths irrespective of interruptions and challenges in their careers. In the sixteenth edition of Segue Sessions hosted in the month of International Women’s Day Celebrations, several women leaders and senior industry practitioners rendered their expertise at keynote address, panel discussion and workshop as part of the conference. Over 150 delegates from across industries participated in this conclave held in Chennai.

Speaking at the Conference, Geetha Ramamoorthi, Managing Director, KBR India, “Be bold to provide opportunities to women with potential and passion, instead of judging them based on prior experience. Especially in the manufacturing industry, it is important that we modernize the workplaces make tweaks in the infrastructure and policies to make the organizations and shopfloor women friendly. While I say that, we also need to sensitize men in manufacturing to the need for including more women in the workplace.”

Addressing the audience at the SEGUE Sessions, Dr Saundarya Rajesh, Founder-President, Avtar Group announced the pre-order of her next book, Conversations with Career Doctor, a solution-centric powerful handbook for every Indian Woman Professional (IWP) to help her stay employed, achieve financial security to thrive and win at workplaces. "Conversations with the Career Doctor isn't about having a great career, it's about rewriting the narrative of what 'winning and thriving' in the Indian Woman Professional’s career graph means. Each of us has the potential to navigate the twists and turns of our careers. The book will equip women professionals with practical guidance on proactive steps that they must take to grow from strength to strength in their professional spaces. With relatable anecdotes the book will enable women professionals not only to excel, but to thrive on their own terms, defining success from the inside out, and leaving an indelible mark on the world," said Dr Saundarya at SEGUE Sessions.

Data from the Periodic Labour Force Survey (PLFS July 2022-June 2023) indicates that there has been a rise in the women’s workforce participation which now stands at 37%. This is an encouraging rise from the 2021-2022 numbers which stood at 32.8% for women and 77.2% for men. However, to achieve India’s ambition to be a $5 trillion economy by 2025, the women’s workforce participation rate will have to drastically climb up. Despites other economic advances, without achieving gender balance in the economic domain, India’s dream of becoming a $5 trillion economy cannot be realised. There are several women who drop out of workforce after marriage or maternity and are unable to find their way back to the kind of jobs they want. This leaves them dissatisfied and their organizations bereft of such potential talent. Furthermore, the women who maintain their career continuum often do not climb to the top due to a variety of reasons – systemic issues, self-limiting biases, lack of career mentors, guilt-trips, and so on.

“At SEGUE we provide the IWPs tools and strategies towards sustainable solutions for problems/challenges faced by them in workplaces. This year, we have transcended career-centricity by delving into the multifaceted dimensions of the Indian Woman Professional’s experiences at workplaces”, added Dr Saundarya.

With a focus on the unique obstacles and unique experiences faced by women professionals, SEGUE Sessions, delivered a compelling and empowering narrative on Navigating Risks, overcoming the double-bind paradox, success stories of women professionals powering through by inspiring inclusion. The conclave also witnessed teams presenting solutions for challenges towards increasing women’s workforce participation in an exclusive segment HackEquity – that cracked the Inclusion Code.

Former Karnataka CM Sadananda Gowda Inaugurates AU Small Finance Bank’s New Branch In Sanjay Nagar

AU Small Finance Bank (AU SFB), India’s largest SFB, today inaugurates its new branch at Sanjay Nagar, Bengaluru, which is the Bank’s 12th branch in Karnataka. This launch signifies AU SFB’s targeted offerings for the Bengaluru city and its commitment to delivering accessible and technology-driven financial services across South India. The inauguration was done by former Chief Minister of Karnataka D. V. Sadananda Gowda and senior officials of AU SFB.

The strong economy of Karnataka makes it a significant market offering high potential of deposits and credit. Bangalore alone contributes to around Rs 9 lakh crores of deposits of the state and remains a key city in AU SFB’s expansion plan in South India. Sanjay Nagar is an appealing strategic locality with well-planned infrastructure, luxury residential projects, high-class educational institutes, and healthcare facilities.

Speaking on the occasion, former Chief Minster of Karnataka, D. V. Sadananda Gowda said, “Bengaluru is an industrial hub that is contributing a great deal to the economy of our state as well as the nation. Over the years, AU Small Finance Bank has gained reputation of bringing customer centric banking solutions bundled with tech advancements. With this branch, I am sure the residents of Sanjay Nagar stand to benefit from that. As more and more industrial leaders as well as common man gain access to better banking, it will help add up to the prosperity of our state.”

Mr. Uttam Tibrewal, Executive Director, AU Small Finance Bank, said, “As a customer-centric bank, we strive to serve customers in Bengaluru with our unique proposition while fostering long-term relationships. To date, the positive response and trust from our tech-savvy clientele in Bengaluru have instilled confidence in us to extend our presence. At Sanjay Nagar branch, we aim for the customers to enjoy the advantages of our flagship features, such as monthly interest payout on savings accounts, extended banking hours, 24x7 video banking, vehicle loans, business banking, FDs/Green FDs, credit cards, construction funding to real estate developers, along with meticulously crafted wealth management products.”

As of December 2023, the Southern region has surpassed Rs 3,000 crore in the deposit book of AU SFB, instilling confidence of AU SFB to scale up its operations in South India. The bank aims to reach approximately 37 branches in South India by March 2024.

About AU Small Finance Bank

AU Small Finance Bank Limited (AU SFB) is a scheduled commercial bank and has established itself as the largest SFB in India since starting its banking journey in April 2017. Established in 1996 by Mr. Sanjay Agarwal, a first-generation entrepreneur, AU SFB boasts a 28 years-legacy with deep understanding of the rural and semi-urban markets and customer segments. The Bank operates a sustainable business model that facilitates credit to the unserved and underserved retail and MSME customer segments while providing complete banking solutions to its deposit and branch banking customers. As a tech-led Bank, AU has a strong digital presence with innovative products and services like 24X7 video banking, credit cards, personal loans, UPI QRs, payments, merchant lending, WhatsApp Banking, Chatbots etc. and its digital bank application AU0101 remains among the higher rated banking apps in India.

The Bank operates from 1,049 banking touchpoints across 21 States & 3 Union Territories serving 46.8 Lac customers with an employee base of 28,904 employees. As on 31st Dec’23, the Bank has a net worth of ?12,167 Crore, deposit base of ?80,120 Crore, Gross Advance of ?67,624 Crore and a Balance sheet size of ?1,01,176 Crore. AU SFB enjoys the trust of marquee investors and is listed at both NSE and BSE. It has consistently maintained high external credit Rating and is presently rated ‘AA/Stable’ by CRISIL, CARE Ratings and India Ratings, while the Bank’s FD is rated ‘AA+/Stable’ from CRISIL Ratings.

For more information, please visit the company’s website at www.fincarebank.com.