Paytm, a leading fintech company, has decided to end several agreements with its payments bank unit, Paytm Payments Bank (PPBL), in order to reduce dependencies.
The parent company, One97 Communications, did not specify the exact agreements being terminated. PPBL has agreed to simplify its shareholder agreement to improve governance and independence.
The Reserve Bank of India (RBI) intervened due to PPBL’s non-compliance with banking norms and KYC requirements, raising concerns about potential money laundering and irregular transactions. The RBI flagged issues such as accounts being created without proper identification and transactions exceeding regulatory limits. Enforcement agencies were alerted to investigate the irregularities in PPBL accounts.
Mumbai, February 24th and 25th, 2024 – The IMODA Fashion Fest 2024, held at Nerul Gymkhana on February 24th and 25th, concluded with resounding success, leaving attendees in awe of the stunning displays of fashion and creativity. Hosted by the esteemed team of directors and founders including Founder Charles Williams, Co-Founder Soumya Singh and core team members Presenjeet Kumar, Deepak Shetty and Nishitha Suvarna, Poorva Barai the event was a celebration of diversity and innovation in the fashion industry. The fashion fest featured an eclectic mix of established designers and emerging talents, each presenting their unique vision and style on the runway. Designers such as Shyam Sundar Basu, Raja Ramiz, Prashant Majumdar, Shital Nigam, Amrita Mishra, Elektra, S-Horz, Hindustan Beard Club, Shilpa Shevle, Ramanath Kotian and Jayaprasad Kotian, Vaani Kuckian, Komal Parihar captivated the audience with their breathtaking collections, showcasing a wide range of trends and aesthetics. Attendees were also delighted to see celebrities and influencers including Eshan Masih, Zainab, Prerna Bhatt, Jillian Kilroy, Nancy Singh, and Poonam Jawhar, Vedeika Dutt, Nitin Sharma (Animal Movie Sensation), Lavansh Suri, Prashant Poojary, Urvashi Solanki gracing the runway as showstoppers, adding an extra layer of excitement and glamour to the event.
Alongside there was an award ceremony from AIFA(All India Fashion Association) and there were awards given to Salman (Best Male Model in Kerala), Faizan Sheikh (Best Male Model in Nagpur), Gagan (Fitness Model of the Year in Jammu), Diptashree (Social Media Influence in Karnataka), Komal Malhotra (Best Plus Size Model in Mumbai), Bobby (Emerging Model in Mumbai), Horz Modelling Company (Supriya) (Emerging Modelling Company in Kerala), Dr Damayanthi (Best Aesthetic Wellness Award in Nagpur), Dr Rasika (Emerging Model Of the Year in Nagpur), Elektra Modelling Company (Shrikanth) Most Innovative Modelling Company in Kerala), Ranjana (Emerging Fashion Designer in Beed), Transgender Models Mohini and Vidhya Kamble from Nagpur, Neha (Best Makeup Artist in Delhi). In addition to the fashion showcases, the event offered live music performances, interactive art installations, and engaging panel discussions on topics ranging from sustainable fashion to inclusivity in the industry. The event provided a platform for aspiring models and designers to showcase their talent and connect with industry professionals. “We are thrilled with the success of the IMODA Fashion Fest 2024, and express our gratitude to our sponsors & media partners specially Happen Recently News & Josh Bharat Media” said the organizers. “With the support of our sponsors and the talent of our participants, we were able to create a truly magical experience for all attendees.” The event would not have been possible without the generous support of sponsors including Wheel House, Lokmat, Proactive Shipping, Nerul Gymkhana, Nishitha Suvarna’s Image Consultant, Deepak Shetty’s DS Entertainment, U & I Entertainment, Catwalkers, Josh Bharat, Unseen Times, DailyHunt, Times Now Business, Happened Recently, Dreamzzmakers, The Zone 360 Vashi, Vector Shipping, JS Marine, AIFA, Jasmin Balan’s ByteFlash, Karnataka Style Icon, SK Builders, Shikaara Heights, Ronak Outdoor media Partner, Gini&Jony. As the curtains close on the IMODA Fashion Fest 2024, attendees are left inspired by the creativity and innovation showcased at the event. The fashion fest serves as a reminder of the power of fashion to inspire, empower, and bring people together from all walks of life.
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Aachal Award ’24, Season 2- Women’s Day Organised by Magical Charmant – Certified Event Management Entity. Mrs. Samrruddhi Vijay Patil is Proud owner of the entity and she is a certified Event Planner have good almost 4 years of experience.
Aachal award is a prestigious award being felicitated to those ‘Beauty with Brains’ who feel they desrve the spotlight. We reconginse thier efforts and confidence and appreciate their presence.
The event is being cnducted on 2 Mrch 2024, Saturday at 8.15pm at , Dr. Kashinath Ghanekar Mini Auditorium , Ghodbunder road, Thane.
The mesmarizing event is being hosted by Mr. Harshal Rane – Celebrity anchor, director, webseries writer. We have talented and special stage performances to enhance the glamour event and to add essence to the flavor. Navneet Tiwai- Professional singer, pianist , Performer , Gayatri Dikshit- classical dancer and actress.
Awardees have been selected from 85+ nominations on very clear and strict selection parametres.
Bhakti Mane – Best International Celebrity Astro Numero Consultant
Mrs. Saryu Malde – Dance Choreographer 6.Mrs. Shital Tejas Salunke- Entrepreneur – Professional Makeup artist
Mrs. Uma Modi – Financial Advisor -Max Life Insurance Com & Beauty Pageant Winner 8.Mrs. Uma Thakkar – Entrepreneur – Educationist , Owner of Educational Institute
Mrs.Namrata Ovalekar Rane – Social Activist , NGO Owner
Ms.Maahi Shahu – Child Artist , Model & Karate Champion
Dr. Smruti Vishal Sorate – Celebrity Physiotherapist
Ms. Aarti Pawar – Entrepeneur – Influencer -Thane Community Page – “What’s Hot Thane”
Mrs. Prajakta Chaphekar – Entrepreneur – Vlogger
Mrs. Mona Thakker – Entrepreneur- Founder & CEO at SarMo’s
Mrs. Bijal Chandaria – Entrepreneur- Early Childhood educator / edupreneur/ founder of PAC PreSchools since 2004/Mentoring, training and coaching individuals.
Ar. Gayatri Malekar – Architect, Interior Designer, Project Management Consultant, Artist and Model
Mrs. Aditi Kudwa – Entrepreneur
Dr.Kirti Rushikesh Kulkarni – Naturopathy, yoga & Panchgavya Doctor
The government has decided to increase the grain procurement target for the 2024-25 season amid expectations of record wheat output. The target is set to be around 30-32 million tonnes, up from the 26.2 million tonnes purchased under the minimum support price (MSP) operations.
This move is aimed at replenishing the Food Corporation of India’s (FCI) stock, which is currently at an eight-year low. The main wheat-producing states, Punjab and Madhya Pradesh, are estimated to contribute 13 million tonnes and 80 million tonnes to the central pool wheat stock for the upcoming marketing season.
The government has also announced an MSP of Rs 2275/quintal for the next season, an increase of Rs 150/quintal from the previous season. The procurement target may be revised depending on market arrivals and purchases. Additionally, the government is focusing on states where wheat procurement is not meeting production levels. Uttar Pradesh, Rajasthan, Bihar, Madhya Pradesh, Punjab, and Haryana will start MSP operations at different dates to support farmers.
Furthermore, the government has halted open market sale of wheat, which had been ongoing through weekly e-auctions, in efforts to maintain sufficient stock for future sales. Wheat inflation has decreased due to improved supplies from FCI’s aggressive selling in the open market. The wheat output for the 2023-24 crop year is expected to reach a record 114-115 million tonnes, with 85% of the area under climate-resilient seed varieties.
Many non-banking financial companies are diversifying their revenue sources by focusing on distributing insurance products to increase fee income. Lenders like Capri Global Capital, Grihum Housing Finance, and HomeFirst Finance have obtained approval from the Insurance Regulatory and Development Authority of India for a corporate agency license to distribute insurance products.
Similarly, Mahindra and Mahindra Financial Services plan to apply for a corporate agency license for life, general, and health insurance. The expected net fee income from these new segments is estimated to be around 0.1-0.2% of the company’s average assets over the next three years.
Capri Global Capital’s managing director, Rajesh Sharma, believes that collaborating with insurance partners and recent changes in insurance guidelines have motivated NBFCs to pursue corporate agency licenses. Capri Global plans to leverage its branch network to cross-sell insurance products and expects to generate considerable insurance income. Many lenders are focusing on providing tailored insurance products to customers to diversify their income sources and mitigate credit risks.
Experts anticipate more entities will seek corporate agency licenses to provide a wider range of products. Smaller NBFCs may need to reconsider their income sources as competition and rising fund costs pose challenges.
Bitcoin, the biggest cryptocurrency, has surged over 45% in value so far this year, reaching over $60,000 for the first time in over two years.
The rise is fueled by growing optimism that the demand for Bitcoin is expanding beyond dedicated digital asset enthusiasts.
This surge is also attributed to the successful launch of US exchange-traded funds holding Bitcoin, which have attracted over $6 billion since trading began on Jan. 11.
The upcoming halving of Bitcoin’s supply growth is contributing to positive sentiments, fueling a rally that has also increased interest in other digital tokens like Ether and Dogecoin.
Despite concerns of a potential supply squeeze due to the massive inflows into Bitcoin ETFs, advocates see room for further price increases if demand remains strong.
However, some analysts caution that the rapid rise in Bitcoin’s price could leave investors vulnerable to the volatile nature of crypto markets, potentially leading to sharp corrections in the future.
India saw a significant decrease of 9% in non-oil exports in January compared to the previous month due to ongoing shipping route disruptions, forcing global shipping lines to take longer routes through the Cape of Good Hope.
The impact was particularly noticeable in exports to Europe and the US, with notable declines in electronic goods, pharmaceuticals, and engineering goods. Despite the challenges, oil exports were less affected as shipments were redirected to other destinations like Singapore, Australia, and Japan.
The shipping disruption in the Red Sea route raised concerns globally, especially for developing countries like India, as trade volumes through critical routes such as the Suez Canal decreased significantly.
In the bustling world of technology, one company has been making waves with its innovative solutions and top-notch services. Webesta Solutions, a leading provider of IT services including web design, development, app development, and cybersecurity, has been steadily gaining recognition for its exceptional work in the industry.
Founded several years ago by a team of passionate tech enthusiasts, Webesta Solutions set out with a mission to revolutionize the digital landscape. With a focus on creativity, reliability, and customer satisfaction, the company quickly carved out a niche for itself in the competitive market.
One of the key factors behind Webesta Solutions’ success is its team of highly skilled professionals. From seasoned web designers to experienced developers and cybersecurity experts, each member brings a unique set of skills and expertise to the table. This diverse talent pool allows the company to tackle projects of all sizes and complexities with ease, delivering high-quality results that exceed client expectations.
But it’s not just about technical prowess at Webesta Solutions – the company also prides itself on its commitment to customer service. By fostering strong relationships with clients and taking the time to understand their individual needs and goals, Webesta Solutions ensures that every project is tailored to perfection. Whether it’s designing a sleek website, developing a cutting-edge app, or fortifying digital defenses against cyber threats, the team goes above and beyond to deliver solutions that drive real business results.
In recent months, Webesta Solutions has seen a surge in demand for its services as businesses increasingly prioritize their online presence and cybersecurity measures. With the global shift towards remote work and digital transactions, organizations are seeking reliable partners like Webesta Solutions to help them navigate the ever-evolving tech landscape.
“We’re thrilled to see the continued growth and success of Webesta Solutions,” says Manik Chopra, Founder and CEO of the company. “Our team has worked tirelessly to build a reputation for excellence, and it’s incredibly rewarding to see our hard work pay off. As we look to the future, we remain committed to pushing the boundaries of innovation and delivering unparalleled value to our clients.”
Looking ahead, Webesta Solutions shows no signs of slowing down. With plans to expand its service offerings, enter new markets, and forge strategic partnerships, the company is poised to solidify its position as a leader in the IT services sector.
So, whether you’re a small startup looking to establish your online presence or a large corporation in need of comprehensive cybersecurity solutions, Webesta Solutions has got you covered. With its winning combination of technical expertise, creativity, and dedication to client satisfaction, the company is your go-to partner for all things tech-related.
For more information about Webesta Solutions and its range of services, visit their website at www.webesta.co.
In the dynamic world of immigration, where dreams of a better life take flight, one individual stands out as a beacon of guidance, integrity, and unwavering commitment to client satisfaction. Meet Mr. Brijesh Patel, the esteemed Director of Sky Heaven Immigration (OPC) Pvt Ltd, a company that has become synonymous with excellence in the realm of international relocation.
With a compelling blend of vision, expertise, and a profound understanding of the aspirations of his clients, Mr. Brijesh Patel has carved a niche for himself in the industry. Born and raised in a middle-class family, he understands the value of hard work, perseverance, and the significance of fulfilling one’s dreams against all odds.
Mr. Brijesh Patel’s journey towards becoming a trusted leader in the immigration sector is a testament to his unwavering determination and relentless pursuit of excellence. Armed with a deep-rooted passion for helping others achieve their goals, he founded Sky Heaven Immigration (OPC) Pvt Ltd with a singular mission in mind – to provide unparalleled services that empower individuals and families to embark on transformative journeys of immigration with confidence and peace of mind.
Under Mr. Brijesh Patel’s visionary leadership, Sky Heaven Immigration (OPC) Pvt Ltd has emerged as a trailblazer in the field, offering a comprehensive suite of services tailored to meet the diverse needs of its clients. From skilled worker programs and student visas to family sponsorship and citizenship applications, the company’s portfolio encompasses a wide spectrum of immigration solutions, each meticulously crafted to ensure a seamless and hassle-free experience for its clientele.
What truly sets Mr. Brijesh Patel apart is his unwavering commitment to integrity, transparency, and ethical business practices. He firmly believes in building long-lasting relationships based on trust, reliability, and mutual respect, and this ethos permeates every aspect of Sky Heaven Immigration (OPC) Pvt Ltd’s operations.
Furthermore, Mr. Brijesh Patel’s dedication to excellence extends beyond the realm of business, as he actively engages in philanthropic endeavors aimed at giving back to society and making a positive impact in the lives of others. Whether it’s providing educational assistance to underprivileged children or supporting community development initiatives, he remains steadfast in his commitment to making the world a better place for all.
As the Director of Sky Heaven Immigration (OPC) Pvt Ltd, Mr. Brijesh Patel continues to inspire and empower countless individuals to turn their dreams of immigration into reality. With his visionary leadership, unwavering dedication, and compassionate approach, he has not only transformed lives but also set a new standard of excellence in the industry.
In conclusion, Mr. Brijesh Patel’s remarkable journey serves as a shining example of what can be achieved through passion, perseverance, and a genuine desire to make a difference. As he continues to steer Sky Heaven Immigration (OPC) Pvt Ltd towards greater heights of success, one thing remains abundantly clear – with Mr. Brijesh Patel at the helm, the future of immigration looks brighter than ever before.
Guwahati, February 27: Dr. Pradip Jyoti Mahanta, a former professor at Tezpur University and esteemed author and researcher, lauded the late Harinarayan Dutta Barua as a symbol of hard work, dedicated research, and a path-breaking entrepreneur during the 4th Hari Narayan Dutta Baruah Memorial Lecture held at the Harinarayan Dutta Barua Central Library Hall of Assam Down Town University in Guwahati today. In his comprehensive address, Dr. Mahanta highlighted Dutta Barua’s profound impact on school-level education, Vaishnabite literature, and the book-publishing industry, asserting that his contributions elevated the intellectual and social life of Assam to unprecedented heights. The lecture, titled ‘The Influence of Religious Books on the Social Life of Assam and the Contribution of Hari Narayan Dutta Barua,’ shed light on the late entrepreneur’s remarkable efforts in the collection, editing, and publication of Vaishnavait literature in the region. Dr. Mahanta also commended Dutta Barua’s role as one of the leading textbook authors in Assam. The event commenced with the recitation of Ghosha by renowned singer Sharat Rag, followed by the ceremonial lamp lighting by dignitaries including Dr. Mahanta, President of Assam Sahitya Sabha Dr. Suryakant Hazarika, Dr. Paramananda Majumdar, Vishwa Dutta, Jyotindra Narayan Dutta Barua, the youngest son of Harinarayan Dutta Barua, and others. The main event featured a Borgeet performance by university students under the guidance of renowned artist Anant Oja. Chief Guest Dr. Suryakanta Hazarika elaborated on Dutta Barua’s significant contributions to the printing and publishing industry of Assam, citing the publication of ‘Chitrabhagavat,’ the first reproduction of manuscript paintings in the region. Following the enlightening speeches, Dr. Suryakanta Hazarika, on behalf of the SH Educational Foundation, and Dr. Eva Hazarika generously donated valuable books, including an illustrated Kirtan Ghosha, to the library. The Chancellor of the University, Dr. Narendra Nath Dutta, received the donation. The event, anchored by Dr. Rubi Goswami, was attended by distinguished writers such as Dr. Paramananda Majumder, Swapnanil Baruah, photographer Samir Chowdhury, and several members of the Harinarayan Dutta Barua family. A Satriya dance performed by university students concluded the program. In addition to celebrating the life and contributions of Harinarayan Dutta Barua, the event also showcased two research-based documentaries on cultural and anthropological issues produced by the Department of Humanities and Social Sciences of the University. The HNDB Central Library, primarily for university students, will also be accessible to external researchers, fostering a platform for intellectual exchange. Various book discussions have already taken place in the library’s adjoining meeting room, including sessions with popular writer Durjay Dutta interacting with students. Last year, Union Minister Nitin Gadkari inaugurated the new library building, now recognized as the largest institution bearing the name of Harinarayan Dutta Barua