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IHCL UNVEILS ‘ACCELERATE 2030’ STRATEGY

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by Samiksha EXPAND BRANDSCAPE WITH NEW BRANDS AND NEW SEGMENTS BUILD ON ITS LEGACY OF GLOBALLY ACCLAIMED SERVICE EXCELLENCE CONTINUE TO DEMONSTRATE INDUSTRY LEADING MARGINS & RETURNS 2 X GROWTH IN CONSOLIDATED REVENUE; INR 15,000 CRORES DOUBLE PORTFOLIO; 700+ HOTELS MUMBAI, NOVEMBER 19, 2024: The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, today announced its comprehensive strategy for 2030. Under the plan, IHCL will expand its brandscape, deliver industry- leading margins, double its Consolidated revenue with a 20% return on capital employed and grow its portfolio to 700+ hotels while building on its world-renowned service ethos Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “IHCL has surpassed its guidance by achieving a portfolio of 350 hotels, with over 200 hotels in operation and delivered ten consecutive quarters of record financial performance. This strong performance, coupled with a robust balance sheet, positio
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NABH INTEGRATES FOGSI’S MATERNAL HEALTH STANDARDS ACROSS ITS CERTIFICATION PROGRAMS

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by  Samiksha The MoU signed in 2022 has progressed and culminated in the subsumption of FOGSI-led Manyata initiative’s 20 quality standards across NABH’s Certification programs   November 14, 2024: The National Accreditation Board for Hospitals & Healthcare Providers (NABH) has integrated The Federation of Obstetric and Gynaecological Societies of India (FOGSI)’s Manyata maternal health quality standards across NABH Certification programs. This move, forms part of a strategic collaboration inked in 2022 between NABH and FOGSI, to improve the quality of maternity services and advance the Indian government’s vision of ‘One Nation One Standard’ . By promoting standardization in maternal healthcare through the adoption of uniform standards nationwide, the collaboration will drive systemic improvements and contribute to efforts to achieve Universal Health Coverage. Manyata is FOGSI’s flagship quality improvement and certification initiative that acts as a stamp of quality ensuring
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Locks by Godrej’ launches 'Fear is Good' campaign on Home Safety Day 2024 Unveils new smart lock range 'Advantis IoT9

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  by Samiksha   Mumbai, November 13, 2024: The Locks & Architectural Fittings and Systems business of Godrej & Boyce, a part of Godrej Enterprises Group, a brand synonymous with trust, quality, and safety, today celebrated Home Safety Day 2024, aimed at raising home safety awareness across India. To commemorate the occasion, the business also announced the launch of the robust My Home Safety Plan, a two-part initiative designed to strengthen safety for families, along its new 'Fear is Good' campaign, encouraging homeowners to take proactive safety measures. As part of this initiative, it also introduced the cutting-edge Advantis IoT9 smart lock, setting a new benchmark for home safety in India this year. With the rising crime rate in urban areas, Locks by Godrej emphasises the need for heightened home safety. According to the National Crime Records Bureau (NCRB), India’s crime rate in 2024 was 445.9 per 100,000 people; theft was the most common crime. Implementing effec
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BLS International reports highest-ever financial performance in Q2FY25

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    Revenue up by 21.4% YoY to Rs. 495.0 Crores EBITDA up by 89.1% YoY to Rs. 164.0 Crores,  PAT up by 77.7% YoY to Rs. 145.7 Crores Visa & Consular Business reports 29.6% Revenue growth and 106.9% EBITDA growth New Delhi, 11th November 2024: BLS International Services Limited, an Indian multi-national corporation and a trusted global tech-enabled services partner for governments and citizens, announced its consolidated financial results for the quarter and half year ended 30th September 2024. Q2FY25 Performance Highlights: The company’s Revenue from Operations grew by 21.4% YoY to Rs. 495.0 Crores in Q2FY25 as compared to Rs. 407.7 Crores in Q2FY24. The growth was mainly driven by the Visa & Consular business which witnessed a robust Revenue growth of 29.6% YoY. EBITDA of the company surged to Rs. 164.0 Crores during the quarter from Rs. 86.7 Crores in Q2FY24, registering a growth of 89.1% YoY. EBITDA Margin expanded by 1,186 bps to 33.1% in Q2FY25 from 21.3% in Q2FY24. Margin
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JBG Invincible Women's Run Returns for the 2nd Edition in collaboration with Pinkathon , Celebrating Women’s Health and Fitness

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by Samiksha  Mumbai, November 12, 2024: India's biggest women’s fitness initiative, JBG Invincible Women's Run has announced the 2nd edition of the Invincible Women's Run in collaboration with Pinkathon at the press conference. Set to take place on December 14 and 15, 2024, this women-only event will be hosted at Inorbit Mall, Malad West, Mumbai, aiming to unite women of all ages and fitness levels in a celebration of health, strength, and community. The press conference to unveil the event was graced by renowned fitness icon Milind Soman, Ankita Konwar, the founder of Invincible Women’s Run, and celebrated actress, VJ, and singer Anusha Dandekar. Together, they shared their excitement for the event, which aims to inspire women to take charge of their health. Jai Balaji Group, a leading producer of steel in India, has come on board as title sponsors of Invincible Women’s Run with Pinkathon, India’s biggest run for women. Gaurav Jajodia, Director of Jai Balaji Group said, “W
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SEBI Chairperson, to Inaugurate 52nd National Convention of Company Secretaries in Mumbai on ‘India@2047: Expanding Horizons for Professionals’

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by Samiksha  Mumbai, November , 2024– The Institute of Company Secretaries of India (ICSI) is gearing up for its 52nd National Convention, which is to be inaugurated by Smt. Madhabi Puri Buch, SEBI Chairperson. The event is scheduled to take place at Hotel Sahara Star in Mumbai from November 8th to 10th, 2024. As a precursor to this significant event, a press conference was addressed by CS B Narasimhan, President of the ICSI, to provide insights into the convention's theme, “India@2047: Expanding Horizons for Professionals,”. "We are excited to announce the 52nd National Convention, themed ‘India@2047: Expanding Horizons for Professionals.’ This event will bring together industry leaders, policymakers, and experts to discuss and deliberate on critical issues shaping India’s future. We will delve deep into topics such as sustainable development, corporate governance, and the pivotal role of Company Secretaries in driving economic growth. We look forward to a fruitful and insigh
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Neelam Linens & Garments (India) Ltd. IPO Opens 08 November, Price Band Fixed at Rs. 20 to Rs. 24

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Neelam Linens & Garments (India) Ltd. (NLGIL) is in the business of processing and trading of products, It operates as a soft home furnishing company based out of Maharashtra, India, extending its services to a global clientele, including USA, Australia and Far East. The Promoter of the company Mr. Kantilal Jethva has a working experience of 47 years in the field of home textile. Neelam Linens and Garments IPO is a book built issue of Rs 13.00 crores. The issue is entirely a fresh issue of 54.18 lakh shares. IPO opens for subscription on November 8, 2024 and closes on November 12, 2024. Neelam Linens and Garments IPO will list on NSE SME. Neelam Linens and Garments IPO price band is set at ₹20 to ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹288,000. Expert Global Consultants Private Limited is the book r
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