SBI General Insurance, one of India’s leading General Insurance companies, registered a significant growth of 50% in the month of December FY 24, leading to GDP of INR 1001 crore. The Company has contributed around 14% to the overall accretion of private insurance industry, marking the highest accretion in the month of December FY 24.

Mr. Kishore Kumar Poludasu, MD & CEO, SBI General Insurance

The Company’s diverse product portfolio, combined with its distribution and its reach has resulted in SBI General improving its private market share to 6.41% in the month of December FY 24, with an improvement of 137 basis points in market share over the corresponding month of last financial year.

In the month of December, the Company also showcased strong growth across retail, commercial lines, and rural & agri business. The Company remains No. 1 in the Personal Accident segment, along with its strong presence in various lines of business including health, home, commercial and motor.

In the 9M FY 23-24, the General Insurance industry registered a growth of 14%, while the Company has registered a growth of 23%. The growth is primarily driven by the health and motor segment, which continues to be the largest contributor in the general insurance sector.

Commenting on the Company’s performance, Mr.Kishore KumarPoludasu,MD & CEO,SBI General Insurance, said, “Were happy to share that we have registered a 50% surge in December premiums and a steady 23% growth in the first nine months of FY24, marking a significant growth for SBI General Insurance. The growth is attributed to our unwavering commitment to a customer-centric approach. We continue to achieve sustainable growth with profits. Looking forward, we see 2024 as a year of continued growth, as we will keep setting new benchmarks in the industry. With the objective of making insurance available to all by 2047, we will continue to develop simple and innovative products for our customers.”

About SBI General Insurance

SBI General is one of the fastest growing private general insurance companies, with the strong parentage of SBI. We, at SBI General Insurance, are committed to carry forward the legacy of trust and security; and have the vision to become the most trusted general insurer for a transforming India.

Ever since our establishment in 2009, our growth has been exponential in various aspects. We have expanded our presence from 17 branches in 2011 to over 141 branches pan-India. Till date, we have served over 34 crore customers. We have been awarded as the ‘Domestic General Insurer of the Year’ – India at the Insurance Asia Awards 2023 Singapore. Additionally, we were recognized as one of the Best Brands 2023 at the ET Edge Best Brands 2023. Furthermore, we were recognised as Highest Growth – General Insurance runner up at ASSOCHAM 15th Global Insurance Summit & Awards. We have secured ‘Insurer of the Year’ in the non-life category at FICCI Insurance Industry Awards in 2022.

We have a robust multi-distribution model encompassing Bancassurance, Agency, Broking, Retail Direct Channels and Digital tie-ups. The widespread network of distributors like 22437 plus SBI branches, Agents, other financial alliances, OEMs, and multiple digital partners enable us to extend our reach to the pocketed remote areas of India. We offer a bouquet of products spread across various lines of businesses that cater to customers across all segments like Retail, Corporate, SME and Rural, ensuring accessibility via digital as well as physical modes.

SBI General Insurance reported a 23.4% growth in Gross Direct Premium (GDP) and the GDP stood at INR 8514 crore in 9M FY 23-24.

With a view to promoting bilateral economic ties and fostering favorable business conditions, the Korea-Gujarat Economic Cooperation Forum took the center stage at the Vibrant Gujarat Global Summit 2024 on January 10. Led by Chang Jae Bok, Ambassador of the Republic of Korea to India, a high level delegation and top management of renowned Korean companies -Hanwha Aerospace (K-9 Vajra T), POSCO, Indian company Zydus Lifesciences and others attended the 10th edition of Vibrant Gujarat Global Summit 2024.

Korea-Gujarat Economic Cooperation Forum takes center stage at Vibrant Gujarat Global Summit 2024

The forum, organized by the Korean Embassy in India, KOTRA (Korea Trade-Investment Promotion Agency) India- Korea Business Cooperation Center, and CII (Confederation of Indian Industry), brought together approximately 150 key stakeholders, including government officials, industry leaders, and businessmen from South Korea and Gujarat.

Korea-Gujarat Economic Cooperation Forum takes center stage at Vibrant Gujarat Global Summit 2024

South Korea forms the key partner country of the Vibrant Gujarat Global Summit 2024 that also celebrated “20 Years of Vibrant Gujarat as the Summit of Success.“

While addressing the Forum, Ambassador Chang Jae Bok said, “Fueled by this deep-rooted entrepreneurial spirit and supported by the state government’s business friendly policies, Gujarat has achieved remarkable success. Under the leadership of the Honorable Prime Minister Narendra Modi, Gujarat has emerged as a model state for economic development in India. As Gujarat economy flourishes and its investment environment continues to improve, the interest from Korean Companies is burgeoning. I am confident that Korean Presence in Gujarat is poised for even greater expansion.”

The primary objective of the Korea-Gujarat Economic Cooperation Forum is to build strong ties and explore new avenues for collaboration between two countries.

Mr. Byung Kwan Kim, Chairman of KOIMA (Korea Importers Association) said, “KOIMA recognizes the significance of the Korea-India relationship and will put together all its capabilities to promote Korea’s trade partnership with India by increasing imports and strengthening policy coordination with the Korean government.”

Ms. Jeongseon Lee, Director from India- Korea Cooperation Center mentioned in her presentation that, “Major transformations are taking place in the global value chain, and these changes can potentially lead to new prospects for collaboration between India and Korea. By capitalizing on these shifts, both nations can join forces to transform the GVC, particularly in the emerging future industries especially those aligned with carbon neutrality and digital transformation where value chains are only just starting to take shape.“

Mr. Rupesh Kuchhal, Director Hanwha Aerospace, Mr. Satyen Dalal, GM, POSCO, and Mr. Jay Kothari, SVP, Zydus Lifescience, USA, also shared their experience and opinion on how to bolster cooperation in diverse sectors, including defense industries, carbon neutrality, and bio-pharmaceuticals- all areas with immense potential for bilateral collaboration.

Mr. Piruz Khambatta, member of CII National Council and Honorary Consul of Korea in Gujarat, and Mr. Dammu Ravi, Secretary, Ministry of External Affairs also addressed the forum and emphasized on boosting the economic relations between two countries.

Vibrant Gujarat Global Summit, conceptualized in 2003 under the visionary leadership of Narendra Modi, Prime Minister of India (the then Chief Minister of Gujarat), has today evolved as one of the most reputed global forums for business networking, knowledge sharing and strategic partnerships for inclusive growth and sustainable development.

Crompton Greaves Consumer Electricals Ltd. (CGCEL), one of India’s leading consumer electrical companies, has been recently honoured with the esteemed National Safety Award 2023 at the 11th Global Safety Summit organized by the Fire and Safety Forum (HQ-World Safety Forum London, United Kingdom) and United Nations Global Compact Network India. The company was recognized under the category of Large Enterprises – Electrical Consumer Durables Sector for its outstanding performance in the field of safety of its fan division at its Bethora, Goa Plant.

Cromptons Fans division at its Bethora, Goa Plant won the National Safety Award

The award was presented to Crompton by Mr. Ratnesh, Executive Director of UN Global Compact Network India, and Mr. Nihal Anwar Siddiqui, Professor and Director of COE, Occupational Health, Safety, Fire & Environment, GD Goenka University.

The Global Safety Summit (GSS) is the flagship annual conference and award ceremony, organised by Fire and Safety Forum, a duly registered NGO in India, founded in 2009 which is India’s First International Certification & Assessment Body, developing the certification guidelines as per American National Standard Institute, United State of America. The GSS awards are the most prestigious recognitions, showcasing the achievements of industries in environment, health, safety and CSR. This significant event unites global experts and professionals, fostering discussions on the latest trends and best practices in safety, sustainability, and ESG. Distinguished personalities in the ESG field graced the occasion alongside top companies across various sectors from India. The summit culminated with the presentation of the award winners, including the Safety Award, ESG & CSR Awards, acknowledging exceptional contributions in safety and sustainability.

Speaking on the occasion, Pravin Saraf, Vice President, Manufacturing and Quality, Crompton Greaves Consumer Electricals Ltd. said, “We believe that innovation and excellence in safety is of paramount importance for any workplace. Hence, we are immensely honoured to receive the National Safety Award at the 11th Global Safety Summit. In the manufacturing industry, where precision is of utmost importance, our dedication to follow rigorous safety protocols is embedded in every process.This recognition motivates us further to continue our efforts in creating a workplace where safety is not just a requirement but a shared commitment that contributes to the overall success and well-being of our employees. As we move forward, we remain dedicated to maintain and enhance the top safety standards that have earned us this prestigious award.”

The Bethora, Goa plant is Crompton’s hub of technological innovation where the focus on safety extends beyond compliance. The National Safety Award 2023 is a testament to Crompton’s relentless efforts in fostering a culture of security and responsibility as well as empowering its employees to ensure their well-being while delivering high-quality products to their customers with a range of key initiatives in EHS like:

Proactive safety culture: Culture developed with the support of the CGCEL safety management system which covers aspects like leadership & accountability, risk assessment, design, operational control, incident reporting, investigation & learning.

Enhancing workplace safety: Workplace safety enhanced by engagement at all levels through relevant subcommittees.

100% compliance: Ensuring 100% compliance to applicable rules & regulations.

Continual improvement: Achieved through the self- assessments of facilities like IS 14489, electrical safety, fire safety, machine level & ranking to identify gaps and taking actions to ensure continual improvement in safety.

Empowering through training: Learning & sharing done across levels related to EHS empowering employees with the knowledge and skills required for a safer workplace.

Cultivating safety awareness: Recognizing and rewarding employee participation in safety campaigns, fostering a culture of safety awareness and responsibility

About Crompton

With a brand legacy of over 85 years, Crompton Greaves Consumer Electricals Ltd. is India’s market leader in the category of fans and residential pumps. Over the years, the organization has continuously strived to produce a range of innovative products that cater to the modern consumer including superior quality and high-performance fans, pumps, lighting solutions and a range of other categories like water heaters; air coolers; small kitchen appliances like mixer grinders, air friers, OTG, electric kettles etc; other home appliances like irons & built-in kitchen appliances. The company has further invested in brand and innovation to not only better understand and meet consumer needs, but to also help drive energy efficiency. The consumer business also has a well-established and organized distribution network driven by a strong dealer base across the country offering a wide service network and robust after sales service to its customers.

The companys consistent dedication to developing energy-efficient products has led to significant recognition. It has been honored with three prestigious National Energy Consumer Awards (NECA) by BEE, Ministry of Power. The recent award was presented by the Hon’ble President of India, Smt. Droupadi Murmu for the companys storage water heater in 2023. In 2019, the brand won in two categories: Ceiling Fans and LED Bulbs. Additionally, it was recognized as one of Indias Best Managed Companies 2022 by Deloitte Private and listed among ‘India’s Top 500 companies 2022’ by Dun & Bradstreet India. The company has also been featured in Brand Top 75 most valuable Indian brands list for 2020 released by WPP and Kantar. Furthermore, Crompton was also recognized as the Brand of the Decade 2021 by Herald Global and BARC Asia in the Consumer Electrical category.

Excitel & OTT Play’s plan at INR 599, is Souths first plan covering all major languages such as Tamil, Telugu, and Kannada amongst others.

Access to Aha, SunNXT, RAJ Digital TV, ETV, NammaFlix, Disney+Hotstar, SonyLIV, Zee5, and

Excitel, Indias leading home internet startup has introduced the Southern OTT Pack for modern entertainment enthusiasts in key southern cities like Bangalore, Hyderabad, Mangalore, Guntur, Vijayawada, etc. In response to the surging global demand for high-speed internet coupled with diverse entertainment choices, this plan offers speeds up to 400 Mbps, 17 premium OTT, and a variety of 300+ Live TV Channels, including Aha, SunNXT, RAJ Digital TV, ETV, NammaFlix in partnership with OTTplay.

Excitel & OTT Play’s plan at INR 599

At an affordable price starting at just INR 599/mo for a 12-month subscription. This is Indias first such internet plan featuring content from major south cities and languages, including Bangalore, Hyderabad, Mangalore, Guntur, Vijayawada, and more.

On the launch of this plan, Varun Pasricha, COO, Excitel commented; “At Excitel, weve been at the forefront of redefining home entertainment. Today, we are thrilled to present Indias first South Plan, tailored for the rich tapestry of languages and cultures in regions like Tamil Nadu, Andhra Pradesh, Karnataka, and more. In response to the evolving landscape of home broadband and Cable TV, were putting an end to the era of restrictive DTH subscriptions and costly add-ons.”

Our new OTT Pack, starting at an affordable INR 599/month for 12 months, not only offers affordable, high-quality viewing but also revolutionizes user experience. By integrating over 17+ OTT platforms into one seamless OTTplay app, we eliminate the hassle of multiple subscriptions and interfaces. Users can now enjoy a library of over 50,000+ titles and shows with a single sign-on.

Further, OTTplays cutting-edge AI technology enhances the viewing experience by analysing user preferences and viewing history. This results in personalized, cross-platform content recommendations, transforming the way our users discover and enjoy entertainment.

Excitel and OTTplay Premium, India’s first AI-powered streaming platform, have joined forces with a shared vision to revolutionise home entertainment. This partnership aims to upgrade the experience as you navigate through your preferred shows, movies, and live TV-all consolidated into one dynamic and comprehensive package.

Mr. Avinash Mudaliar, CEO and Co-founder of OTTplay expressed his excitement about this partnership, saying, “This partnership is a watershed moment for Indian entertainment. With Excitels lightning-fast internet and OTTplays AI-powered recommendations, were creating a personalised content universe that redefines how viewers experience entertainment.”

Excitel is actively collaborating on an exciting initiative to introduce a comprehensive North Plan, aiming to broaden its services. This expansion goes beyond just incorporating OTT apps, as Excitel plans to include a variety of regional Northern Apps. This strategic step reflects Excitels commitment to delivering diverse and region-specific content, ensuring that subscribers nationwide can enjoy a rich selection of entertainment.

About Excitel

Excitel, India’s leading, and fastest-growing broadband network is the preferred streaming platform for 10,00,000 customers in 35+ cities. Since its inception in September 2015, Excitel has been revolutionising broadband services and leading the adoption of fiber broadband in India. Excitel was also the first internet service provider to introduce the concept of truly unlimited data plans allowing consumers to access unlimited data at the promised speed without any caveats or conditions. Ookla recognizes Excitel as the fastest and best-rated broadband network in India. According to TRAI, the company in 2020 was also amongst the Top 10 ISPs in India.

About OTT Play

OTTplay is India’s first-ever smart reviews, ratings & AI driven recommendation engine, which handpicks the movies and shows that match your taste and language preferences by diving deep into the most number of OTT channels. The platform has launched 6 Monthly subscription packs, 1 Quarterly Pack & 6 Annual packs in partnership with 28 OTT platforms from India. You can choose from the exciting packs and stream content of your choice on the OTTplay premium app on IOS, App Store & JIO Store, personal computers, tablet, Android TV & Firestick.

OTTplay Premium, the bundled subscription, brings together popular OTT platforms such as SonyLIV, ZEE5, ETV Win, aha Telugu, aha Tamil, Alt Balaji, LIONSGATE PLAY, Sun NXT, ShemarooMe, ShortsTV, Playflix, Dollywood Play, PTC Play etc backed by AI-based recommendation and content discovery technology enabling viewers to browse through the clutter of OTT content with sheer ease and convenience.

Tamil Nadu generally has a significant elderly population, and the demand for senior living facilities is rising due to increased longevity, the desire for community living in old age, and the need for specialized healthcare facilities. This trend is prevalent in numerous serene retreat destinations across the country, particularly noticeable in urban and suburban areas like Coimbatore and its suburbs in the recent times, where the development of senior living communities is becoming more prominent.

Kovaipudur – A Haven for Senior Living

Coimbatore has emerged as one such preferred destination for senior care among other prominent locations such as Chennai, Pondicherry, Bengaluru, Kodaikanal, Mysuru and Cochin. Particularly in its lush suburb, Kovaipudur which is mainly known for its pleasant climate, greenery, and peaceful environment. This area has recently gained popularity among seniors seeking comfortable retirement living.

Climate and Environment

The standout feature of Kovaipudur is its weather which reportedly six degrees lesser than the rest of the Coimbatore. The region enjoys a mild climate year-round, ideal for older individuals. The green environment and low pollution levels add to its allure, offering a healthy and refreshing atmosphere conducive to physical and mental well-being.

The Growing Trend of Senior Living

About 20% of seniors, especially those above 80 and living without a partner, are now opting to rent homes and move into retirement homes in this serene locality. This shift mainly reflects the changing demographics and evolving needs of older people seeking a blend of nature, healthcare accessibility, and community living.

Proximity to Multi-Speciality Hospitals

Kovaipudurs proximity to numerous multi-specialty hospitals in Coimbatore is a major advantage for the elderly population. In medical emergencies, easy access to these well-equipped healthcare facilities ensures prompt and efficient medical care. This proximity to high-quality healthcare is a vital consideration for seniors and their families when choosing a place for retirement living.

Senior Living Communities

Senior living communities in Kovaipudur are equipped with more than just housing facilities; they have access to large areas of picturesque surroundings, cooler and refreshing air, unpolluted environment and climate that seniors can thrive, experience and engage in.

Kovaipudurs charm lies in its ability to provide a holistic living experience for seniors. Its suitability for a peaceful, healthy, and fulfilling retirement life is a testament to the areas growing popularity as a senior living destination.

Monitor your credit health and make informed decisions when you take control of your credit profile with the Bajaj Finserv Credit Pass.

Check your CIBIL Score every time it gets updated with the Bajaj Finserv Credit Pass

Embracing clarity is the first step towards financial empowerment. Yet, many people remain in the dark about their credit health. Misconceptions breed fear and hesitation. Some worry that checking too often will hurt their CIBIL Score, so they avoid monitoring it altogether. Neglect of this kind leads to missed opportunities.

Without regular check-ins, it is easy to stay blind to issues that may hamper your creditworthiness. Sporadic updates leave us unaware of our true standing, and we miss out on critical chances to strengthen our finances. It’s akin to navigating this important journey blindfolded.

Imagine a world where your financial future is not a guessing game but a well-calculated strategy. A world where your three-digit CIBIL Score isn’t shrouded in mystery but stands front and centre in the spotlight of your financial planning. A world where you don’t stumble upon updates but receive them as regularly as your morning news. This world is not a distant dream but a reality well within your grasp – thanks to the Bajaj Finserv Credit Pass.

Unlock the power of your CIBIL Score

The Credit Pass is a first-of-its-kind subscription plan powered by CIBIL. It is designed to empower you with the ability to check and monitor your credit health seamlessly:

Monthly CIBIL Score checks: Regularly monitor your credit health by checking your updated CIBIL Score every month without impacting the score.

Personalised dashboard: Get a comprehensive overview of your credit profile in one place with details of all your active and closed loan and credit card accounts. Stay up-to-date in real time and use the practical tips to enhance your score.

Credit factors: Track the variables that shape your score. This includes your credit utilisation behaviour and recent enquiries.

Credit Health Report: Get real-time insights into your credit history and repayment behaviour.

Credit Score Simulator: This predictive tool forecasts how financial decisions like taking a loan or getting a new credit card may impact your rating. Make informed choices.

Accessing Credit Pass

Available in two affordable variants, the Credit Pass subscription caters to diverse needs. The Standard plan, priced at just Rs. 59 for 6 months, provides the essential tools to actively monitor your credit health. The Premium plan, priced at Rs. 99 for 12 months, offers an extended timeframe for comprehensive credit management along with powerful predictive tools.

To sign up:

Click on ‘SEE YOUR CREDIT PASS‘ on the Credit Pass web page

Complete the OTP verification after sharing your mobile phone number

Share some basic details (name, PAN, etc.)

Select your preferred subscription plan and make the payment

Once you sign up, you get a 12-digit number. You can use it to sign in, access your Credit Pass dashboard, and check your latest CIBIL Score.

Potential benefits of Credit Pass

TransUnion CIBIL updates your score every 30-45 days based on reports from financial institutions with which you have transacted. Subscribing to the Credit Pass equips you with regular access to your monthly CIBIL Score updates. This allows you to identify and rectify issues promptly to ensure a positive credit profile. This means:

Improved Financial Planning: Regularly checking your credit report allows you to catch errors, like a wrongly reported late payment. By fixing these issues promptly, you ensure your credit information is accurate, helping you plan for major expenses, such as buying a home or car, with confidence.

Better Loan Approval Rates: Suppose you consistently pay your credit card bills on time and manage your debts wisely. When you apply for a loan, your strong credit history makes you a more attractive borrower. Banks and NBFCs are more likely to approve your loan application because they see you as a reliable and low-risk borrower due to your responsible credit behaviour.

Potential Interest Savings: Consider two people applying for an auto loan. One person has a high credit score because they always pay on time, while the other has a lower score due to occasional missed payments. Lenders offer the person with the higher credit score a lower interest rate, as they see them as less risky. The person with the lower credit score might get a higher rate because theyre considered a higher risk. A better credit rating means youre likely to get a lower interest rate, saving you money over the loan period.

Knowledge is power when it comes to your financial health. It’s time to shed uncertainties and arm yourself with the clarity Credit Pass provides. Subscribe today to understand your rating, monitor it, and use it to your advantage to shape your credit potential. Your financial health is in your hands. So, gain the clarity and control you deserve to build a stable and resilient financial future.

GI Outsourcing, a leader in the UK Accounting Knowledge Process Outsourcing industry, has announced a significant expansion of its business operations with the start of its South Africa operations.

Vikas Chadha, Managing Director of GI Outsourcing

Commenting on the news, Mr. Vikas Chadha, Managing Director of GI Outsourcing, mentioned “Our recent expansion into South Africa marks a significant milestone in our growth journey, which has seen us double in size over the past two years, with momentum expected to continue, if not accelerate over the course of the next two years.

This strategic approach has led to the establishment of four offices in India, with plans to open another in the first half of 2024 and potentially two more within the following 18 months.

Our latest addition in South Africa adds to our global presence with our new office situated just outside Johannesburg. This office is dedicated to delivering a comprehensive outsourced audit solution for accounting firms”

The Audit market has never been so challenged with resource constraints, increased regulation, and inflation. We recognized the need to help solve this dilemma and we believe we have gone a long way to creating an enviable solution for the market.

What we are doing is like nothing you will have experienced from an external provider. GI is all about innovation, it’s not just tried and tested, it’s evolved and tested! We are uniquely able to do that through our group accountancy practices.

GI Outsourcing forms part of the Macalvins Group, with whom we often collaborate for training and to pilot new services. Macalvins Chartered Accountants is a registered PIE auditor. Being a PIE auditor upholds you to the highest standard with regular FRC and ICAEW QAD assessments. In conjunction with Macalvins Chartered Accountants, starting in 2022 and throughout 2023, we piloted Enhanced Audit Outsourcing Services in an incubated environment. A remarkable 70 to 80 percent of the Audit work is already being undertaken in South Africa.

Our offering is unique, allowing audit firms to outsource almost all of their audit work required to deliver comprehensive solutions to clients, leaving you to focus on RI review and client relationship management.

The choice of South Africa as a location was influenced by several factors.

Notably, it is an English-speaking nation with audit practices closely resembling those in the UK. Additionally, the time zone alignment, cultural similarities, and the parallels in the accountancy profession and auditing methodologies with the UK, particularly in embracing automation, make South Africa an ideal location.

The demand for services from the South African office has exceeded expectations, prompting plans for significant investment in expanding the base over the next twelve months. This expansion will introduce our valued clients to our outsourced service offerings. Our service offering in South Africa supported by our UK team stands out in the market for its comprehensiveness and uniqueness. It goes beyond other support service offerings in this space, providing a more complete solution compared to competitors. This expansion not only signifies our growth but also our commitment to providing innovative and expert solutions to meet the evolving needs of its clients globally.

GI Outsourcing has entered strategic partnerships with renowned accounting institutes. It holds gold partnerships with ACCA, UK, and the Chartered Institute of Management accountants and CPAs. GI Outsourcing is renowned for its best employee practices, ensuring a positive work environment, the highest levels of customer satisfaction, and a strong commitment to training and skill development for its employees.

GI Outsourcing has been recognized as the “Dream Company to Work For” for three consecutive years and Mr. Vikas Chadha personally received the prestigious “Udyog Bharti Award.” Vikas Chadha expressed his confidence that these strategic endeavors will solidify GI Outsourcings position as a preferred employer and continue to drive the companys success in the UK Accounting Knowledge Process Outsourcing industry. Mr. Vikas Chadha is also a member of the regional council of NASSCOM. He also recently won “The Most Acclaimed Leader in KPO Sector 2023” at the Indo-Global Entrepreneurship Conclave-2023: International Business Awards in Delhi.

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide range of industry experts and accounting specialists to fill in the gaps and help businesses transform unprofitable clients into profitable ones. With over 25 years of experience, they are one of the most trusted leading financial services & and accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management Accounting, Bookkeeping, taxation, cloud computing, virtual CFO, and controllerships. GI has a presence in India and the UK with offices in Mumbai, Delhi, Ahmedabad, and London and a pool of nearly 400 plus finance and accounting professionals working diligently to provide impeccable service to valued customers across the UK, Ireland, USA, UAE, and Canada and planning to further expand into Australia working diligently to provide impeccable service to valuable customers. GI Outsourcing today works with all the major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, CaseWare, and Iris as well as many of the large ERP systems, such as Dynamics, SAP, and Oracle.

For more information, please visit us at: www.gioutsourcing.com.

In a momentous celebration of excellence and commitment to economic development, Mr. Veer Singh, CEO of Lords Automative Pvt. Ltd., has been honoured with the “Outstanding Achievement Award for Business Excellence” at the 91st National Seminar on National Economic Development and Social Responsibilities – Atmanirbhar Bharat, held in Delhi on December 16, 2023. The ceremony, a highlight of the national event, celebrated Mr. Singhs visionary leadership and the companys unparalleled contributions to Indias economic landscape.

Mr. Veer Singh, CEO, Lords Automative Pvt. Ltd.

The National Seminar, a significant gathering of industry leaders and visionaries, served as the backdrop for recognizing and applauding Mr. Singhs exceptional contributions to the business landscape. His leadership and dedication have not only propelled Lords Mark Industries but have also set a benchmark for business excellence.

In accepting the award, Mr. Veer Singh, CEO of Lords Automative Pvt. Ltd. remarked, “I am truly humbled and honoured to receive this prestigious award. It is a testament to the collective efforts and dedication of the entire team. This recognition fuels our commitment to excellence and reinforces our mission to contribute meaningfully to the economic growth of our nation, in line with the principles of Atmanirbhar Bharat. We are committed to maintaining the highest standards of business excellence as we navigate the exciting journey ahead.”

About Lords Automotive Private Limited

Incorporated in February 2020, Lords Automative Pvt. Ltd., a subsidiary of Lords Mark Industries, is a market leader in India for the production of best-in-class environmentally friendly electric scooters launched in October 2020 under the name Lords Zoom. The company goal is to give the public high-quality electric two-wheelers that will greatly enhance their daily commutes and provide them with great satisfaction and cost-effective alternatives. Their most recent electric scooter, the Lords ignite Lords Prime is helping them in their mission to build a reputable and trustworthy brand that offers comfortable, energy-efficient, intelligent and affordable electric bikes to the country. They offer a broad selection of products, including retro kits for hybrid electric scooters (2W and 3W). Lords Zoom, Lords Zoom Plus, Lords Ignite, Lords Prime, Lords Bijlee, Lords King, Lords Samrat, Lords Savari, Lords Gati, Devam King, and Devam Samrat are the names of their products. The company has so far partnered with 250+ dealers in more than 20 States and sold more than 16000 EVs in India since inception. The company has produced eco-friendly products and has more than two decades of business and technological experience. They have a top-notch manufacturing facility equipped with cutting-edge equipment. The company will be installing GPS-enabled battery swapping stations across India. It is also in plans to launch e-bikes and e-vintage cars.

For more information, please visit lordsauto.com.

About Mr. Veer Singh, CEO, Lord’s Automative Pvt. Ltd.

Mr. Veer Singh, an experienced professional with over 25 years of diverse experience, seamlessly transitioning from the Indian Navy to a thriving corporate journey. Renowned for his game-changing impact in operational excellence and team building, he has successfully revitalized regions from loss to profit across renowned companies like Maruti Suzuki, Hyundai, Machino Plastic Ltd., Carzonrent and Shuttl With a comprehensive skill set encompassing sales, after-sales services, dealer development, procurement, and more, Mr. Veer excels in formulating effective strategies and optimizing processes. A meticulous and result-oriented leader, he is adept at business development, channel management, fleet operations, and product launches. His dynamic career showcases expertise in automobile sales, travel industry, and app-based public transportation, making him a valuable asset with a proven track record of success.