The U.S. Food and Drug Administration (FDA) has approved Lyrus Life Sciences’s Abbreviated New Drug Application (ANDA) for ‘Methenamine Hippurate Tablets USP, 1 gram‘, an AB-rated, substitutable generic version of Hiprex from Validus Pharmaceuticals LLC which is indicated for prophylactic or suppressive treatment of frequently recurring urinary tract infections when long-term therapy is considered necessary.

Lyrus Research and Development Center, Bengaluru

Lyrus is a full-stack pharmaceutical company with HQ in Bangalore, focused on research and development in the complex generic space for global pharma majors. Lyrus has a dedicated, certified and well-equipped research facility with a pool of 80+ scientists having extensive experience in all aspects of the pharmaceutical development process.

Lyrus has developed nearly 80 molecules (130+ SKUs) for UK and EU markets out of which multiple submissions have already been approved. We continue to extend the dossiers to other parts of EU member states and other markets through additional bridging works. After having extensive product development experience in the UK, EU and Australia, Lyrus filed the FIRST ANDA to enter the US market early in 2023 and received the first ANDA approval on 1st Dec 2023 through first cycle of approval.

Based on Geographic analysis, North America accounts for the largest consumption of Methenamine Hippurate due to the increasing cases of urological procedures. Europe accounts for the second-largest market due to increasing awareness of urinary tract infections and the presence of a wide distribution network. APAC is expected to account third largest for the consumption of Methenamine Hippurate due to the constant rise in chronic infections among women and increasing cases of postmenopausal UTIs.

Mr. C. P. Bothra, Chairman of Lyrus said, “The FDA approval of Lyrus’s Abbreviated New Drug Application (ANDA) for ‘Methenamine Hippurate Tablets USP, 1 gram’, an AB-rated, substitutable generic version of Hiprex from Validus Pharmaceuticals LLC marks a significant landmark for our company being a FIRST ANDA for us in the US Market, proving our capabilities in bringing complex generics and difficult-to-manufacture products to market, and further our commitment to providing access to quality medicines, meeting the patient needs.“

Mr. Hemanth Bothra, Managing Director of Lyrus said while congratulating the Team Lyrus that, “The Community-associated UTI (CA-UTI) incidence is 0.7% and the primary risk factors are age, history of UTI and diabetes. Globally, around 150 million individuals develop UTIs. The highest incidence of symptomatic infections is prevalent in young women aged 18 to 24 years, with one-third to one-half of women reported having at least one UTI by age 32. In the U.S., 70-80% of complicated UTIs are attributable to catheters, resulting in 1 million cases per year. Thus, the market needs are increasing and are predicted to increase globally paving way for Lyrus to be a meaningful player in the market. As part of its ANDA, Lyrus submitted rigorous side-by-side analyses, including characterization data, which demonstrated that Lyrus’s Methenamine Hippurate Tablets USP, 1 gram have the same active ingredient, dosage form, route of administration and strength as their branded counterpart. Lyrus’s Methenamine Hippurate Tablets USP, 1 gram are available by prescription only.”

According to IMS sales data, the US market was estimated to be worth USD 57 million, and rising UTI awareness is expected to drive this value upward. The FDA-approved Lyrus’s Abbreviated New Drug Application (ANDA) is licensed to Jubilant Cadista Pharmaceuticals Inc. for marketing and distribution in the USA. The product will be produced in India at Lyruss approved CMO, and we anticipate that it will hit the market within this financial year.

In addition, Lyrus has filed this product in the UK, the EU (Nordic), Australia, and the APAC region, which includes India. Lyrus anticipates receiving marketing authorization in Q2/Q3 of 2024. This product is expected to generate substantial revenue from the global market.

Website: www.lyruslife.com, www.linkedin.com/company/lyruslife.

PROFICORN, a 2-day annual event hosted by QL One, is set to host an exceptional 2nd edition with an incredible lineup of icons for its upcoming event, each offering unique insights into the world of business and entrepreneurship.

PROFICORN is back with Founders of Thyrocare, Indiamart, MobiKwik as an esteemed panel of speakers

The icons include:

Rujuta Diwekar, one of the most celebrated nutritionist brands in the country, get ready to transform the way you think about food, fitness and entrepreneurship! She will be deep diving into her journey of impact beginning from an entrepreneur in a Services Business to the Amazing Personal Brand that she has built and also her immense influence in the Nutrition Space…

Dr. A Velumani, the visionary mind behind Thyrocare Technologies, who has not only revolutionized diagnostic services in India but has also left an indelible mark on the global healthcare landscape. A seasoned entrepreneur, who will share his comprehensive journey from employment to successfully scaling and listing a business.

Brijesh Agarwal, the Co-founder of IndiaMART, India’s largest online marketplace! Brijesh is a luminary in the digital commerce space, having guided IndiaMART from a budding startup to a successful IPO, setting a benchmark in the industry. His strategic foresight and relentless innovation have not only shaped his company but also inspired a new wave of digital entrepreneurship. He will discuss innovation and growth leading to an IPO. Rujuta Diwekar will provide strategies for scaling professional services.

Upasana Taku, Co-founder and COO of MobiKwik. An innovator and visionary, Upasana has been instrumental in revolutionizing the digital payment landscape. Her hard work and desire to serve the startup community have made her an inspirational figure for many aspiring entrepreneurs. She will be sharing her journey of building a billion-dollar enterprise as a woman entrepreneur!

Raj Shamani, a dynamic Podcaster, Entrepreneur, Content Creator, Author and member of the Forbes 30 Under 30 list! Raj has been making waves in the world of business and media with the wealth of knowledge and an infectious energy he carries thats sure to inspire. He will be sharing how to sell Better in India which comes from his experience of being an internet sensation, himself!

Finally, Rajiv Talreja and Karan Hasija, the brains behind QL One and Proficorn, will focus on celebrating and supporting MSME business owners.

This diverse and experienced group of speakers is poised to inspire and motivate MSMEs, highlighting PROFICORNs commitment to recognizing and aiding the growth of these vital contributors to the economy.

Reflex, Gurgaons premier upscale restaurant and live entertainment space, is thrilled to announce the launch of its Sunday Family Brunch, commencing from the 17th of December, 2023. This enticing culinary affair promises to redefine the Sunday Family Brunch experience, offering an array of delectable cuisines, including Continental, Pan Asian, Chinese, and North Indian delicacies.

Reflex Bar Brewery and Dining, Gurugram

Reflex aspires to elevate Sunday Family brunches into a delightful family affair, curating a diverse menu that caters to a spectrum of palates. Immerse yourself in the culinary mastery of Reflex as you relish a sumptuous selection of dishes, thoughtfully crafted to deliver an unforgettable dining experience. The Sunday Family Brunch is set against the backdrop of Reflexs opulent ambiance, inviting guests to luxuriate in a leisurely afternoon filled with delectable food, refreshing beverages, and lively tunes that complement the overall culinary experience.

The brunch unfolds a captivating journey through a myriad of culinary delights. The celebration of flavors takes center stage as guests are invited to indulge in a diverse array of cuisines, featuring Continental Vegetable Delight and scrumptious Non-Vegetarian offerings that promise to tantalize their taste buds. The experience continues with the fusion of Pan-Asian wonders and the rich tapestry of North Indian delights, creating a harmonious symphony of taste and aroma.

As guests step into Reflexs lavish lifestyle lounge, they are greeted with exquisite dishes and refreshing drinks are meticulously crafted to impress even the most discerning palates, ensuring a culinary experience that is nothing short of extraordinary. This lively atmosphere of the lounge complements the culinary excellence on offer, creating an immersive and unforgettable dining experience. Elegant chandeliers and exceptional wall art adorn the space, providing a visual feast that enhances the overall dining experience.The Sunday Family brunch becomes more than just a meal – it transforms into a grand celebration of taste, culture, and opulence.

Suman Bharti, Founder at Reflex Restaurant and Brewery, expressed excitement about the new venture, saying, “We believe that Sunday Family brunches should be a delightful experience for families, and our diverse menu aims to cater to every members taste. The Sunday Family Brunch is an extension of our commitment to providing exceptional dining experiences, and we invite families to join us for a memorable culinary journey every Sunday.”

Reflex looks forward to welcoming families and friends to indulge in the gastronomic delights and warm hospitality of the Sunday Family Brunch. Make Sundays special with Reflex – where great food and great company come together.

About Reflex Gurgaon

Reflex Gurgaon offers luxury decor and ambience which is infused with a 30 foot high ceiling with royal chandeliers and a 15 ft tall LED screen. This place is known for its signature cocktails and world class craft beer in five different styles, from its very own brewery.

Reflex Bar Brewery and Dining also offers exceptional gourmet cuisine and lively entertainment to its guests. Reflex Gurgaon offers Happy Hours all throughout the week from Monday till Thursday. For ladies to make memories with their girly gang, look no further than spending a relaxed wednesday evening at Reflex Bar Brewery and Dining for a quick mid-week fun. Get ready to splurge on a classy evening amidst the aesthetic interiors for a beautiful photo opp at this place; sipping into unlimited cocktails from 8pm onwards. On Sundays, enjoy a subtle evening listening to Pop Retro music with your friends and families. One can cherish these moments at Reflex Bar Brewery and Dining while grooving to the beats of the DJ music, who will keep you entertained throughout the evening till late night.

In recognition of its outstanding commitment to empowering girls through education, BBG Foundation has been honored with the prestigious title of Best Girl Child Empowerment Program – Initiative of the Year. The award was presented by Telangana Business Awards (TBA), a distinguished platform dedicated to recognizing excellence in various sectors.

BBG India Receiving Telangana Business Award 2023

Telangana Business Awards serves as a beacon for enhancing productivity and quality in companies, entrepreneurs, and service providers, acknowledging their remarkable achievements and performance in their respective fields. The awards aim to promote business excellence by providing a structured framework for assessment.

In a transformative mission to uplift communities, BBG Bangaaru Thalli, a non-profit organization founded in 2019 by Mr. Mallikarjuna Reddy and a team of dedicated experts, is dedicated to revolutionizing girls education in rural and educationally disadvantaged areas of India. Focused on making a lasting impact in Telangana and Andhra Pradesh, the organization is passionately committed to mobilizing communities and empowering girl children.

BBG Bangaaru Thalli stands out for its unwavering dedication to the cause, channeling both life and business profits toward the single-minded purpose of empowering 2,000,000 girls by the year 2040. The organization believes in the transformative power of education and aims to unlock the potential of young girls, fostering a brighter future for individuals and the nation.

The foundation firmly believes that education empowers individuals to harness the potential of young girls for personal and national benefits.

BBG Bangaaru Thalli has been a positive force in transforming the lives of 1,60,000 girl children through its five impactful programs – Suraksha, Swashakti, Ahlada, Prerna, and Bharosa – across Telangana and Andhra Pradesh. These programs focus on identifying, enrolling, and retaining out-of-school girls, enhancing foundational skills, and building self-confidence for all children.

Utilizing government investments in schools and engaging community volunteers, BBG Bangaaru Thalli is committed to advancing careers and building confidence among girls. The Bharosa program, in collaboration with the Telangana government, establishes Bharosa centers to reduce re-victimization.

Since its inception in 2019, BBG Bangaaru Thalli has positively impacted over 1.6 lakhs beneficiaries.

For more information, please visit BBG Foundation www.bbgindia.com.

Cognizant (NASDAQ: CTSH), one of the worlds leading professional services companies, today unveiled – Shakti –a unified framework of women-centric programs and policies to accelerate careers and boost women leadership in technology. Additionally, Cognizant has partnered with nasscom to establish and prioritize best practices with a shared goal of making diversity and inclusion (D&I) a key differentiator of Indias tech sector.

Launch event of Cognizant’s Shakti program. (From R-L) Ravi Kumar S, CEO, Cognizant; Rajesh Nambiar, Chairman and Managing Director, Cognizant India; and Debjani Ghosh, President, nasscom

“In keeping with our priority to become an employer of choice in our industry, Cognizant is committed to weaving diversity and inclusion into everything we do-how we recruit and hire, develop, promote, engage and retain our talent,” said Ravi Kumar S, CEO, Cognizant. “Shakti will catalyze our efforts to enable more women to advance their careers and reach their full potential. Growth, innovation, and client-centricity all require a diverse and inclusive workforce, doubly so as generative AI permeates the workplace. We will see the most essential human skill shift from problem-solving to problem-finding, putting a premium on cognitive diversity.”

In India, nearly 40% of Cognizant’s associates are women as compared to the IT industry gender diversity average of 36%. More than half of 13 Cognizant centers in the country have crossed over 40% in their women workforce, with two of the largest centers being currently led by women leaders.

Speaking at the launch, Debjani Ghosh, President, nasscom said, “The technology industry in India today has on average 36% of women representation in its workforce. Partnerships are key towards our shared goal as an industry of creating a more empathetic, inclusive, and diverse tech industry. At nasscom, we believe prioritizing best practices and measuring consistently is a critical component to ensure organizations can accelerate their diversity, equity and inclusion journeys. We continue to drive exchange of insights, share best practices and policies, raise awareness to help organizations intentionally embed inclusion efforts into their culture and values, drive innovation, foster stronger customer and stakeholder relationships, and ultimately achieve long-term success.“

Through Shakti, Cognizant aims to reframe current programs and policies and bring all women-centric initiatives under one umbrella for greater impact. Shakti will include the recently introduced – RISE – a leadership development program for mid-level women associates in India; ‘Propel‘ a global leadership development program focused on empowering women at senior levels to accelerate their careers through coaching and mentoring; ‘Returnship‘ a 12-week paid program focused on upskilling to return to work after a career break; and ‘Be Gritty’ that trains fresh campus hires to develop a growth mindset.

Additionally, Cognizant has launched a company-wide allyship program. By understanding the challenges women face at work and helping address the biases they encounter, male allies make a significant difference in creating a more inclusive workplace. The company is also empowering its associates with inclusive leadership training and promoting a sense of belonging through dedicated affinity groups. The Women Empowered Affinity Group, with around 50,000 members and allies based in India, aims to improve the work experience for women and create impact for the business.

Cognizant also unveiled a year-long campaign to highlight the company’s global, long-term dedication to fostering an inclusive workplace for women by spotlighting their contributions and real-life stories. The inspirational stories attest to the effectiveness of empowering initiatives in assisting women to reach their full potential, develop personally and professionally at every stage of their careers, and turn their passion into leadership. The campaign launch video can be viewed here.

Cognizant believes diversity and inclusion behaviors really take hold when there is leadership engagement and accountability to drive policies and initiatives across each leader’s organization. As an ongoing practice, the company engages the leadership to not only implement policies but also assess its impact.

About Cognizant

Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

In an extraordinary triumph that has reverberated across Hyderabads real estate landscape, Jains Salzburg Square has achieved an unparalleled feat. Within a mere 60 hours, this exceptional residential project has surpassed all expectations, raking in an astounding 50 crores in sales.

Jains Salzburg

Nestled strategically on Kalimandir Road, Bandlaguda Jagir, Jains Salzburg Square has redefined the norms of premium living. This achievement is not merely a testament to its prime location, offering seamless access to major landmarks and bustling business centers like Madhapur, Hitech City, and Jubilee Hills in just a 15-minute drive. It speaks volumes about the unmatched appeal of this address, where opulence meets affordability.

The success story of Jains Salzburg Square during the 60-Hour Home Bonanza has rewritten the rules of the real estate game in Hyderabad. It signifies an unwavering commitment to providing exceptional homes at prices never before witnessed in the industry.

This achievement isnt just about sales figures; its a testament to the trust and confidence of our esteemed homeowners. Its a testament to the belief that luxury need not come with an exorbitant price tag.

Featuring 2 and 3BHK apartments ranging from 65 to 85 lakhs, Jains Salzburg Square offers a diverse array of homes meticulously designed to harmonize elegance and comfort.

Nippon Paint, the leading paint and coatings company in Asia today announced the 100% acquisition of VIBGYOR Paints and Chemicals Pondicherry, a major supplier of paints and coatings in South India. Through the strategic acquisition, Nippon Paint will gain a strong foothold in the growing industrial coatings portfolio especially focusing on Indian Railways.

Sharad Malhotra, Director and President (Automotive Refinishes), Nippon Paint India with Vibgyor Team

After this acquisition, VIBGYOR Paints and Chemicals Pondicherry, with its established reputation and expertise in supplying high-quality paints to Indian Railways, will become a division of Nippon Paint India, leveraging its resources and reach to further its growth and market leadership. As part of the acquisition, the key members of the VIBGYOR team will join Nippon Paint as employees, ensuring a seamless transition and the retention of valuable industry expertise within the Nippon Paint India family.

Commenting on the acquisition, Sharad Malhotra, Director and President (Automotive Refinishes), Nippon Paint India, said, “The acquisition of VIBGYOR Paints and Chemicals marks a step forward in our India growth strategy. Besides helping us gain a strong foothold in the Indian Railways, this acquisition also enables us to expand our commercial vehicles and industrial paints business in the country. We welcome the VIBGYOR team to the Nippon Paint family!”

Left to Right: B Murali, Partner at VIBGYOR, Ramamirtham S, Partner at VIBGYOR, Jon Tan, Managing Director, Nippon Paint India and Sharad Malhotra, Director and President (Automotive Refinishes), Nippon Paint

VIBGYOR Paints and Chemicals Pondicherry, is a growing and significant player in the Indian paint market. The company has a robust track record of supplying paints to Indian Railways and its associated coach, wagon, and allied manufacturing companies. It is reputed for its excellent products and customer service. Vibgyor’s manufacturing unit is strategically located in Ranipet, Tamil Nadu and has sufficient production capacity to meet the growing industrial demand. Vibgyor also boasts of making several innovative products that enhance the aesthetic and functional performance of paints for its customers. By becoming a division of Nippon Paint India, Vibgyor will gain access to Nippon Paint’s technology, supply chain and marketing capabilities which can further consolidate its position as a leading paint brand in India.

Esyasoft Technologies visionary Founder and CEO, Bipin Chandra, was honoured with the “Champions of Change Award (Karnataka)” by the Interactive Forum on Indian Economy (IFIE), a non-profit organization recognized by Govt. of India, for his outstanding leadership and transformative impact. Chandra received a Gold Medal and a Citation from the Governor of Karnataka, Shri Thawad Chand Gehlot as part of the felicitation.

Mr. Bipin Chandra, Founder and CEO – Esyasoft

Constitutional Jury members headed by Justice K G Balakrishnan, Former Chief Justice of India and Former Chairman of NHRC, selected the awardees. Eminent personalities were felicitated for their work in areas like social development, community services, and acts of courage.

Chandra was awarded alongside several other eminent personalities including, Bharat Ratna C N R Rao (Indian Chemist, Former Chairman of the Scientific Advisory Council to the Prime Minister), Padma Vibhushan S M Krishna (27th External Affairs Minister, 18th Governor of Maharashtra & 10th Chief Minister of Karnataka), Padma Vibhushan Dr. D Veerendra Heggade (Member of Parliament, Rajya Sabha), Padma Shri Tulsi Gowda (Indian Environmentalist), Padma Shri Manjamma Jogathi (Transgender, Folk Artist), Shri Tejasvi Surya (Member of Parliament, Lok Sabha & President of Youth Wing of BJP), Shri Venkatesh Prasad (Indian Former Cricketer and Coach), Shri Vishnuvardhan (Posthumous, Indian Kannada Actor), Dr. V Ravichandran (Indian Kannada Actor & Director), Ms. Khusboo Yadav (CEO, Jio Entertainment Services), Shri Prithvi Raj Singh (Founder, Gameskraft Technologies Pvt. Ltd.), Shri Anand Sankeshwar (Md, VRL Logistics), Tejasvi Surya (Member of Parliament, Bangalore South), Upendra Rao (Indian actor and filmmaker), Dr. Somdutta Singh (Assiduus Global Inc.), and Bipin Dayal (Managing Director, CData Software India).

The ceremony was graced by many distinguished guests and dignitaries including the Chairperson of the Award Selection Committee, Justice K.G. Balakrishnan, Vice-Chairperson of the Award Selection Committee and former Supreme Court Judge, Justice Gyan Sudha Mishra, President of the Interactive Forum on Indian Economy, Advocate Mr. Nandan Jha, Mr. Shyam Jaju (Former National Vice President, Bharatiya Janata Party) and Dayakar Ratakonda (Former Indian Ambassador).

A seasoned tech leader and evangelist, Bipin Chandra is at the forefront of change in the utilities sector. Chandra founded Esyasoft in 2014, following his zeal for technology and sustainability. The company has since emerged as a significant player in the International Holding Company in Abu Dhabi. Under his leadership, Esyasoft has come to be associated with cutting-edge smart grid solutions encompassing blockchain, quantum computing, IoT, MDMS, and analytics. Besides, Chandra has spearheaded Esyasofts global expansion to Europe, CIS, Africa, the US, India, and the UAE.

“We have swiftly connected over 25 million customers in more than 35 utilities worldwide,”Chandra shares. “Our wide range of customers and business alliances showcase our significant progress in changing the global smart utility market,” he adds.

Chandra works with top Energy Utilities, OEMs, and System Integrators to create Smart Grid and Smart City solutions, banking on his extensive experience and understanding of energy infrastructure. He is considered an authority in SaaS-based technology, including blockchain, quantum computing systems, data analysis, AI-driven decision assistance, and IoT communication gateways. Chandras vision lies in helping the biggest names in the industry benefit from these cutting-edge technologies, guaranteeing a higher success rate, lowered expenses, and quicker project execution.

Chandras dedication goes beyond technology innovation and encompasses environmental responsibility and sustainability. His company focuses on using its smart grid solutions to enhance grid efficiency, lower carbon footprints, and advance the worldwide Net Zero Goals.

Another aspect of Chandras ethics is his strong sense of social duty. Esyasoft frequently participates in programs like Grant a Wish, which supports over six NGOs and gives 450 children a great Christmas. Esyasoft also actively supports various orphanages.

The NIT Jamshedpur alumnus has demonstrated a conviction in cooperative, tolerant, and empowering work cultures throughout his entrepreneurial endeavours. He has been awarded by Economic Times Global Indian Leaders 2022, National Award, Govt. of India for energy efficiency solutions, Govt. of Karnataka Elevate 100 Innovation award in 2018.

“Providing answers to pressing issues facing society is the cornerstone of a prosperous business,”Chandra notes. His respect for J.R.D. Tata acts as a beacon of light, in line with Tatas principles of corporate expansion and social responsibility.

Bipin Chandra is a trailblazer in the ever-evolving field of sustainability and technology, impacting the utilities industry. His story serves as an inspiration to IT enthusiasts and entrepreneurs around the world, demonstrating the transforming potential of invention, drive, and social responsibility.

Flexi cap funds are a type of mutual funds that offer flexibility to the fund manager in terms of asset allocation across large, mid, and small-cap stocks. The primary goal of flexi cap funds is to provide investors with an opportunity to generate long term wealth by capitalising on the ever-evolving market conditions. You can consider investing in a Bajaj Finserv Flexi Cap Fund through a Systematic Investment Plan (SIP) with Bajaj Finserv AMC.

SIP in Bajaj Finserv Flexi Cap Fund

Here are some key benefits to consider:

Diversification: Investing in Bajaj Finserv Flexi Cap Fund through SIP allows you to diversify your investments across various sectors and market caps. By spreading investments across sectors, Bajaj Finserv Flexi Cap Fund can help mitigate risks associated with the performance of specific industries or companies.

Rupee cost averaging: SIPs enable you to buy more units when prices are lower and fewer units when prices are higher. This helps in averaging out the cost over time and reducing the impact of market fluctuations.

Professional fund management: Benefit from the expertise of professional fund managers at Bajaj Finserv AMC who make informed investment decisions, with an aim to optimize your returns over the long term.

Flexibility in investment: Flexi Cap Funds offer the flexibility to invest in companies of different sizes (large, mid, and small cap), providing adaptability to market dynamics.

Potential for better returns: Investing through SIP allows you to benefit from the power of compounding and rupee cost averaging, potentially leading to relatively better returns over a prolonged investment horizon.

Ease of regular investing: SIPs provide a disciplined approach to investing, allowing you to invest a fixed amount regularly. This automates the investment process and promotes a systematic savings habit.

Long-term wealth creation:Bajaj Finserv Flexi Cap Fund, with its focus on long-term capital appreciation, aligns with the goal of wealth creation over an extended investment horizon.
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Key features of Bajaj Finserv Flexi Cap Fund

Megatrend Investing approach

Megatrends as powerful currents that shape landscapes, impacting economies, industries, and companies. These currents result from a blend of factors – technological advancements, shifts in consumer behaviours, demographic transitions, environmental concerns, and more. The approach here is like predicting these currents before they arrive, enabling the identification of potential future winner and elevating the prospects of favourable returns in the long run. This forward-thinking approach is the core Bajaj Finserv Flexi Cap Funds strategy.

InQuBe Investment Philosophy

The investment philosophy at Bajaj Finserv Asset Management Ltd. is centred on the belief that over time, equity investments may yield fruitful returns for our investors. To support this vision, we have a three-stage investment philosophy termed InQuBe, which is a combination of informational, quantitative, and behavioural edge. These edges collectively enable investors to gather pertinent information ahead of the curve, enhance prediction models, and leverage behavioural insights for optimizing the return potential.

In conclusion, starting an SIP with Bajaj Finserv Flexi Cap Fund offers a strategic and flexible approach to wealth creation, combining the benefits of professional management, diversification, and the convenience of systematic investing. Its a prudent choice for investors seeking a growth-oriented investment avenue.

About Bajaj Finserv Asset Management Ltd.

Bajaj Finserv Asset Management Limited, a wholly-owned subsidiary of Bajaj Finserv Limited, has announced its presence in the investment solutions industry. Backed by one of India’s most respected and oldest brands, it offers a host of innovative products and solutions to every Indian. With a future-focused and differentiated investment strategy, its ambition is to help every Indian achieve his/her financial goals.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

The second day of CII EXCON centered on Indias transition towards self-reliance (Atmanirbhar Bharat), the production of components for global markets, and the current challenges faced by the construction industry.

Key Highlights of EXCON 2023

In collaboration with Confederation of Indian Industry (CII) the Builders Association of India (BAI) organized a conference titled “Construction Industry Issues” to enlighten builders about the latest developments, reforms, and provisions.

A seminar on “Making the Indian CE Industry Atmanirbhar Bharat & Global Manufacturing Hub” was held to explore governmental schemes and future development opportunities in the construction sector, contributing to the success of the Make in India project. The component session delved into the capabilities of the Indian Component industry in supplying to the global market.

Mr. S.N. Reddy, President of BAI, emphasized the importance of environmental quality amid the challenges encountered by builders. Given the flourishing construction machinery market in India and the backing of government reforms, he said that India will become a leader in construction equipment manufacturing. He underscored the significance of the Excon exhibition and stated that it reflects the considerable investment opportunities envisioned by the Indian government for the advancement of physical infrastructure.

While addressing the Atmanirbhar Bharat Conference, Mr Sanjeet Singh, Senior Advisor from NITI Aayog said, “As India aspires to self-reliance, our responsibility is clear-ensuring rapid and sustainable growth. Having leaped to the 5th largest economy from the UK, Indias service sector flourishes at 45 to 55%, but manufacturing lags behind at 25% of GDP, a target we aim to achieve. Skilling is paramount for success. While ease of doing business improved, theres room for enhancement. Despite being a top 7 global FDI destination, the focus must shift to manufacturing.“

In the component session, Mr Rajesh Bhandari, Senior Managing Director, Gates India said, “The construction equipment industry is thriving in India and promises a robust future. While were less than one-fifth of China, our trajectory is one of continuous growth. This journey is marked by a significant expansion, with equipment anticipated to grow by 8%. As we evolve, our specialization extends beyond excavation, reflecting a maturing industry that is diversifying and adding value to Indias infrastructure landscape.

On the inaugural day of EXCON 2023, Shri Nitin Gadkari, the Minister for Road Transport and Highways in the Government of India, underscored the complex challenges confronting the Indian transport sector. These challenges encompass severe air pollution and a significant dependence on imported fossil fuels. Recognizing the detrimental effects on the environment and the economic landscape, there is an urgent need for a transformative shift towards sustainable solutions. A key aspect involves diversifying agriculture to incorporate energy and farming sectors, addressing concerns like migration, surplus crops, and escalating costs for farmers.

EXCON endeavors to build India’s infrastructure in an ecologically sustainable manner, enabling projects on Smart Cities, supporting Swachh Bharat programs, promoting skill development and positioning “Make In India” – as the National Agenda for achieving holistic growth in the infrastructure and related sectors.