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Bahri Hospitality and Cuisines Pvt. Ltd. Brings French Bakery Giant Delifrance to India

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Delifrance, with a legacy of 100 years in French Bakery know-how is being brought to India by the Bahri Hospitality and Cuisines Pvt. Ltd., part of the Bahri Group. Delifrance is soon to launch its first outlet in South Delhi, Defence Colony, New Delhi. Bahri Hospitality is the exclusive master franchisee of Delifrance’s pan India and also holds the rights of sub-franchising the brand in India. For online sales, the Delifrance India website will be launched in December this year opening the doors to meaningful engagement with its consumers.

Delifrance Outlet for representation

Delifrance outlets will be operating in three formats – Bistro, Bakery & Coffee Shop, and Express Delivery outlet. While the Bistro will have an exclusive menu of viennoiseries, patisseries, bakeries, hot dishes and beverages, the other two formats will specialize in bakeries and patisseries. Bahri Hospitality will develop the brand across all channels to reach out to Indian consumers with specially curated hampers and delicious French bakery classics, combined with local tastes. The group will import French classics bakery goods from Delifrance and has already set up a central production unit in Delhi to produce additional local bakes, based on French bakery techniques and quality ingredients.

At the occasion of Delifrance team visit in Delhi to finalize preparation of the coming store opening, Mr. Hemant Bahri, Founder and Managing Director of the Bahri Group says, “We are very excited to launch Delifrance in India. There is a huge potential in the bakery segment and this alliance with Delifrance will allow us to contribute in bringing the authentic taste of French bakery delicacies to the Indian subcontinent across many different channels.”

Mr. Fabrice Herlax, International Marketing and Concept Strategy Director for Franchise and Branded Solutions, Delifrance says, “Entering the Indian subcontinent is a fantastic challenge for our brand, in its ability to connect and adapt to the local taste and flavors, based on our 100 years legacy in milling and French bakery know-how.

Mr. Alain Leduc, Commercial Director for Franchise and Branded Solutions, Delifrance says, “We are proud to work with the Bahri Hospitality and Cuisines Pvt. Ltd. and will ensure that they have our French bakery delicacies delivered to every store or at home.

Mr. Matthieu Allonneau, Operations and Innovation Hub Coordinator for Franchise and Branded Solutions, Delifrance says, “Our role will be to support the Bahri Hospitality and Cuisines Pvt. Ltd. in their development across India, meeting the Delifrance high-quality standards and crafting tailor-made training programs with the backing of the Bakery school in Paris.”

With the aim of tapping the great Indian consumer market, Delifrance will be opening five more outlets in Delhi /NCR before the end of the financial year 2023-24. In the next 5 years, the brand is looking forward to opening 25 to 30 Delifrance outlets in various formats across India.

Alongside the parent company Grands Moulins de Paris, founded in 1919 in Paris, Delifrance SA is owned by a French farmers agro-industrial cooperative VIVESCIA with 11 000 farmers as shareholders, and had set the ball rolling with this unique value chain – “From the field to the plate.” Delifrance specializes in manufacturing state of the art French breads, viennoiserie, savories and patisseries, and currently operates in 200+ outlets across the world under the Delifrance brand since the last 40 years.

Wonderful Pistachios Unveiled Global and Indian Pistachio Market Insights at the Inaugural Retail Symposium

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Wonderful Pistachios, the world’s largest vertically integrated pistachio and almond grower and processor, with local operations in India as California Pistachios, partnered with the Nuts and Dry Fruit Council India to host the inaugural retail conference titled “Get Crackin: Decoding the Potential of Pistachios” on November 24, 2023, at The Turf Renaissance Bengaluru Racecourse Hotel.

(L to R): Lieven Plets, Vice President, Industrial Sales, EMEIA, WP&A; Shail Pancholi, Lead Industrial Sales, India, WP&A; Gunjan Jain, Managing Director & Chief Executive Officer – VKC Nuts Pvt. Ltd. and President of Nuts and Dry Fruits Council India; Raja M, National Category Head, Big Basket and Simrun Chopra, Founder, Nourish With Sim

The conference aimed to bring together Indias leading modern trade retailers, e-commerce players, and Dryfruits and Nut (DF&N) brands to discuss and share insights on the global pistachio market, growth potential in India, consumer trends, product developments, nutrition, health benefits, and sustainable practices.

Distinguished leaders and category managers from both modern retail and e-commerce companies, along with leading Dry Fruits and Nuts branded players, participated with enthusiasm. Lieven Plets, Vice President, Industrial Sales, EMEIA, and Shail Pancholi, Lead Industrial Sales, India, from Wonderful Pistachios and Almonds, affirmed the companys commitment to the growing Indian market.

During the event, Lieven Plets commented, “We are thrilled to associate with the Nuts and Dry Fruit Council India for The Get Crackin’ retail conference. Pistachios have great cultural significance in the country for gifting. However, the aspiration for California Pistachios has steadily increased as people recognize nutritional benefits and consume them year-round, not just during the festive season. As the global leader in pistachios, we are excited to share our insights and foster a dynamic exchange of ideas and perspectives with leading organized players in India. We are committed to creating category awareness and contributing to the robust growth of pistachio consumption in India through our ongoing educational programmes talking about the benefits of pistachios.”

Mr. Gunjan Jain, Managing Director & Chief Executive Officer – VKC Nuts Pvt. Ltd. and President of Nuts and Dry Fruits Council India said, “Last year, India consumed over 60M pounds of pistachios, out of which 75-80% was imported from California. This indicates a steady increase in demand. We strongly believe that by providing consumers with the right information and building a strong distribution network, that ensures accessibility and availability, this healthy snacking alternative can become a part of peoples daily diets. We are optimistic about the growth potential of the overall DF&N category.

In addition to insightful addresses by Plets and Pancholi, an engaging panel discussion with a diverse group of industry veterans such as Mr. Gunjan Jain, President of Nuts and Dry Fruits Council India, Mr. Raja M, National Category Head, BigBasket and renowned health coach, Ms. Simrun Chopra, Founder, Nourish With SIM was organized as part of the retail conference. The discussion focused on consumer trends that are influencing consumption patterns and purchase behaviors in the snacking, challenges, and opportunities within the pistachio market, including why pistachios should be incorporated into daily snacking as a good source of plant protein with all nine essential amino acids, fiber, and several micronutrients.

Following the success of the inaugural retail conference, Wonderful Pistachios remains dedicated to fostering continued growth in the Indian market.

About Wonderful Pistachios

Wonderful Pistachios & Almonds is the world’s largest vertically integrated pistachio and almond grower and processor. Located in California’s fertile San Joaquin Valley, our operation delivers more than 800 million pounds of nuts globally each year. Wonderful Pistachios & Almonds supplies both industrial and retail customers, offering high-quality, consistent supply and adherence to rigorous food safety standards.

Wonderful Pistachios & Almonds is part of The Wonderful Company, a privately held $5 billion company, which also has other No. 1 brands such as Wonderful Halos, FIJI Water, POM Wonderful, JUSTIN Wine, and Teleflora.

To learn more about us, visit www.wonderful.com, www.wonderfulpistachiosandalmonds.com and b2b.wonderfulpistachios.com

About California Pistachios

Brought to you by The Wonderful Company, California Pistachios make for a delicious snack that offers both crunch and seasoning. Sun-ripened in the moderate Mediterranean climate of California, these distinctively green nuts pack taste and contain antioxidants and nutrients. And all you need to get the party started is to crack one open!

For more information about California Pistachios India, please visit californiapistachios.com/, Instagram at @CaliforniaPistachiosIN, and Facebook at CaliforniaPistachiosIN.  

Blue Dart Celebrates 40 Years of Excellence with Nationwide Expansion

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Blue Dart Express Ltd., South Asias premier express air, integrated transportation, and distribution company, celebrated its 40th anniversary on 19th November 2023. This momentous occasion was marked by the inauguration of 40 new Franchisees and Company-Owned Retail Stores. Additionally, 40 new Express Sales Associates and Regional Service Participants were introduced across the country in both formats, covering the length and breadth of the nation.

Balfour Manuel Managing Director Blue Dart

Since its inception Blue Dart has been at the forefront of providing unparalleled logistics solutions in India. Over the last four decades, the company has consistently demonstrated a commitment to excellence, innovation, and customer satisfaction. Blue Darts journey has been marked by a continuous evolution, shaping the logistics landscape, and contributing substantially to the nations trade ecosystem.

Blue Dart Retail Store Launch

Strategically positioned in key cities such as Kolkata, Asansol, Delhi, Agra, Gurugram, Hyderabad, Bangalore, Gandhinagar, Katni, Nainpur, Mumbai, Aurangabad, Bhiwandi, and Indore, this expansion indicates a significant step towards strengthening Blue Darts connectivity across the nation.

With this expansion, the company has rapidly increased its footprint with over 100+ new stores this year, enabling customers to ship to more than 56,000 locations across the country. Collaborating with DHL, Blue Dart boasts a network of over 700+ retail stores throughout India, providing a reliable, resilient, and responsive service that ensures swift delivery and expanded direct access to all pin codes nationwide.

Balfour Manuel, Managing Director, Blue Dart, states, “Blue Dart is strategically expanding its footprint by adding new stores. This move aims not only to enhance customer convenience but also to fortify last-mile logistics in remote corners of the country.”

As Blue Dart celebrates 40 years of excellence, the company looks forward to continuing its legacy of Connecting People, Improving Lives. This milestone underscores Blue Darts commitment to being the nation’s trade facilitator.

About Blue Dart Express Ltd
Blue Dart Express Ltd., South Asias premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 56,000+ locations in India. Blue Dart is a provider of choice for its stakeholders due to its customer centric approach and aims to further strengthen this partnership. As part of DHL Group’s DHL eCommerce division, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories, and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions, customs clearance etc.

The Blue Dart team drives market leadership through its motivated people, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products and value-added services to deliver unmatched standards of service quality to its customers. Blue Darts market leadership is further validated by its position as the nation’s most innovative and awarded express logistics company for exhibiting reliability, superior brand experience and sustainability which include recognition as one of ‘Indias Best Companies to Work For‘ by The Great Place to Work Institute, India, ranked amongst ‘Best Multinational Workplaces in Asia‘ by The Great Place to Work Institute, Asia, voted a ‘Superbrand‘ and ‘Reader’s Digest Most Trusted Brand‘, listed as one of Fortune 500’s ‘Indias Largest Corporations‘ and Forbes ‘Indias Super 50 Companies‘ to name a few. Blue Dart’s Diversity and Inclusion initiatives have also led to it being recognized as one of India’s ‘Best Workplaces for Women‘ in 2021 and ‘Best Organisations for Women‘ in 2022 by the Economic Times.

Blue Dart fulfils its social responsibility of climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach) through its GoPrograms.

Trehan Iris – Real Estate Pioneer of Creating Landmark Projects

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With a remarkable legacy spanning over six decades, Trehan Iris has solidified its standing in the construction industry through unparalleled experience. The company has successfully undertaken prestigious projects across Delhi-NCR, completing 100 plus projects and delivering over 15 million square feet in the region. In the 2000s, Trehan Iris introduced its cohesive brand IRIS, spearheading landmark projects such as IRIS Tech Park, IRIS Cyber Square, IRIS Cyber Tower, and IRIS Gomati in Bangalore, showcasing a commitment to innovation and excellence.

Block C, Iris Broadway located in Sec 85-86, Gurugram

A pivotal moment for Trehan Iris occurred with the launch of IRIS Tech Park, a multifunctional tech park spanning nearly a million square feet on Sohna Road, Gurugram. Following this success, the company strategically pivoted its focus towards the retail vertical, solidifying its position among the top developers in Northern India, with a keen emphasis on commercial and retail ventures.

Abhishek Trehan and Aman Trehan, are the Executive Director of the company who envision redefining retail real estate by creating exquisitely designed destinations. Carrying the company’s rich legacy and unmatched experience forward, their new-age approach and agility have enabled Trehan Iris to emerge as one of the leading developers of Northern India with a clear focus on commercial and retail.

Among these, “Iris Broadway” in Sec 85 & 86, Gurugram, stands out as the most sought-after shopping center – a 100 percent leased-out hub at the epicenter of New Gurugram, emerging as a landmark retail destination. In a strategic move to explore promising realty micro-markets of the National Capital Region (NCR), Trehan Iris launched its ambitious project, Iris Broadway Greno West, in Greater Noida West. Representing a retail-led mixed-use development, this project has elevated standards by enlisting the expertise of world-renowned consultants for the first time. Iris Broadway Greno West, designed by Benoy, UK – the visionary team behind Ferrari World and Dubai City Walk – is set to become a one-of-a-kind development in the region.

An integral component of Iris Broadway Greno West is the iconic office tower, Omega, recently launched to provide a modern and elevated workspace experience. Offering lockable office spaces, a rarity in Greater Noida West, Omega features the exclusive “Omega Corporate Lounge.” Spanning 7000 square feet, this dedicated business center is free for every office owner and tenant, setting a new standard for work culture in Noida Extensions commercial real estate market. The entire design and experience are curated to underline a harmonious work-life balance, reflecting Trehan Iriss commitment to creating unique and standout offerings.

Strategically positioned at Ek Murthi roundabout, just opposite a proposed Metro Station, Iris Broadway Greno West anticipates serving a burgeoning population with the potential to house approximately 1.5 million residents in the next 3-4 years. The development aligns with the companys vision of becoming a one-stop shop for all retail and entertainment needs in the region.

Trehan Iris prides itself on being a debt-free company, a strength that enables it to prioritize quality and uphold commitments. Operating as a responsible and credible developer, the company boasts a track record of delivering projects on time. Looking ahead, Trehan Iris has significant developments planned, including new projects in Noida Sector 140 and Gurugram Sector 95. Additionally, the company is set to make a foray into the hospitality segment with an upcoming project in Bangalore, reflecting its continuous pursuit of innovation and excellence in the real estate industry.

Relsus Empowers India’s Plant-based Protein Industry

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On the eve of Fi Europe 2023, Relsus, a Singapore based food technology company specializing in plant-based protein concentrates and isolates, proudly announces the official launch of its premium range of plant-based protein powders in India. Pioneering a transformative step forward, Relsus is introducing high-quality, sustainably produced plant-based proteins manufactured in India using locally sourced raw materials. This initiative not only addresses the critical protein deficiency affecting 70% of Indians but also contributes to global efforts to combat climate change by reducing the food industrys carbon footprint.

Relsus launches premium plant-based proteins in India

With over one hundred plus start-ups in India focusing on plant-based food and beverage options, who mainly depend upon imported protein powders, and often face inconsistent qualities. Relsuss launch is a significant step towards reducing dependency on protein powder imports by producing high quality products in India, and supporting local farmers, thereby boosting incomes, and creating job opportunities within India. The companys dedication to empowering Indian and international food companies aligns with its vision to bring India and Southeast Asia to the forefront of the global plant-based food and beverage supply chains.

Relsus distinguishes itself by partnering with key agricultural research institutions and farmers for cultivating non-GMO crops like Chickpea, Mung Bean, Green Pea, and Rapeseed through organic farming practices. These crops serve as the foundation for Relsuss top-tier plant-based protein offerings. Relsus’ proprietary technology brings consistency in the production of high-quality protein powders without the usage of harmful chemicals and solvents, contributing to its commitment to Reliability and Sustainability.

Founder and CEO Vineet Singhal emphasized the importance of the product launch, stating, “With the launch of Relsus’ range of high quality, and scalable plant-based protein powders, we are committing ourselves to empower local and global FMCG and Plant Based Food & Beverage companies to make healthier options more easily accessible to consumers in many different forms. We believe India can play the role of a catalyst in the journey of global protein transition, to meet the challenges of climate change.

The global food industry, responsible for 34% of greenhouse gas emissions, faces an urgent need for sustainable alternatives to feed the growing population projected to reach 9.8 billion by 2050. Relsus acknowledges the dual challenges of protein deficiency and environmental impact and is dedicated to offering scalable solutions through plant-based proteins and specialty starches.

Further, as the global trend of veganism grows, with approximately five hundred million vegetarians and five million strict vegans in India as of 2020 with the trend expected to exhibit a Compound Annual Growth Rate (CAGR) of 11.32% during 2022-2027, Relsus is strategically positioned to capitalize on this shift. The launch includes products such as ChanaTein™ Chickpea Protein Concentrate, MungPro™ Mung Bean Protein Isolate, PeaTein™ Pea Protein Concentrate, CanoTein™ Rapeseed Protein Isolate designed to revolutionize various applications in the food and beverage industry.

Relsus invites everyone, especially the quality, and sustainability conscious Food & Beverage companies, to join its mission to help people live “Healthy Lives on a Healthier Planet“. This launch marks a transformative moment in the plant-based protein industry, setting the stage for a sustainable nutritional transformation with global implications.

About Relsus

Relsus” stands for Reliability (Rel) & Sustainability (Sus), both of which are central to the DNA of Relsus. We refer to Reliability & Sustainability with a wider definition to include corporate responsibility towards all stakeholders including society, employees, planet, suppliers, and customers. We believe that an honest, transparent, and people & planet respecting culture is key to long term success of any company. Relsus was founded by a highly qualified team having over 120 years of combined experience at senior positions in top multinational companies including producing active pharmaceutical ingredients based on fermentation, enzymatic & chemical processes and branding, marketing & selling products in global markets.

For more information, please visit: relsus.com.

Tata Technologies offer price finalized at Rs 500 per share

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Tata Motors’ subsidiary, Tata Technologies, has set the offer price for its IPO at Rs 500 per equity share, including the anchor investor offer price. 

The IPO, worth Rs 3,042.5 crore, witnessed strong institutional buyer participation and was oversubscribed 69.43 times on the final day of subscription. 

“…Tata Technologies Ltd in consultation with book running lead managers to the IPO, has finalised the offer price, including the anchor investor offer price, at Rs 500 per equity share of face value of Rs 2 each,” Tata Motors said in a regulatory filing.

The public issue had a price band of Rs 475-500 per share.

Therefore, the IPO size totals Rs 3,042.51 crore. This includes an offer for sale by Tata Motors, involving 4.63 crore equity shares valued at Rs 2,313.75 crore, Alpha TC Holdings Pte Ltd offering 97.17 lakh equity shares worth Rs 485.84 crore, and Tata Capital Growth Fund I putting forth 48.58 lakh equity shares valued at Rs 242.92 crore. The final allotment is contingent on the finalization of the basis of allotment, as mentioned in the filing.

The IPO of Tata Technologies garnered bids for 3,12,64,91,040 shares, while the offer included 4,50,29,207 shares, according to NSE data.

This marks a significant event for Tata Technologies, as it becomes the first company from the Tata Group to launch an IPO in almost two decades. The last IPO from the group was Tata Consultancy Services in 2004.

Nurturing thriving startup ecosystem is priority for Goa: CM Pramod Sawant

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Goa Chief Minister Pramod Sawant highlighted the significance of building a strong startup environment in the state. He emphasized that the government’s primary focus is to assist in transforming creative ideas into successful and growing startups while also attracting necessary funding. 

During the “Goa Innovation and Startup Times” (GIST) event at the BITS Pilani campus in Vasco, Sawant expressed the state’s commitment to leveraging its strengths in industries, tourism, and sustainability. The government aims to utilize various Central schemes to provide enhanced support for startups.

“Nurturing a thriving startup ecosystem is a priority for Goa. Our goal is to enable ideas to turn into high-growth startups and attract funding,” he said, expressing confidence about the state’s potential to become a startup hub.

Goa has the potential to nurture the next wave of job creators by offering mentoring, infrastructure, and market access, he said.

“We must make entrepreneurship more aspirational for the youth of Goa and spotlight local startup success stories to inspire many more,” the chief minister said.

The state government is prepared to provide robust support to companies and startups, aligning with the vision of transforming Goa into a thriving hub for research, innovation, and entrepreneurship, he added. 

“We aim to kickstart an entire startup ecosystem right from nurturing bright minds and ideas to providing robust incubation support,” he said.

Sawant emphasized the state’s commitment to establishing conducive centers of excellence, effective funding mechanisms, streamlined business processes, and fostering global collaborations. This strategic approach positions Goa to emerge as a prominent innovation and startup hub in India.

Five reasons to choose Bajaj Finance fixed deposits

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Finding a secure and lucrative option for your hard-earned money is paramount. What better way to save and grow your wealth than high interest FDs.

Bajaj Finance Fixed Deposits are compelling choice, offering a unique set of advantages that cater to the diverse needs of investors.

Let us explore five key reasons why opting for a Bajaj Finance Fixed Deposit might be the smart move for you.

1. High stability and credibility: One of the primary reasons to consider Bajaj Finance Fixed Deposits are the institutions long-standing reputation for stability and credibility. With a legacy of trust and financial expertise, Bajaj Finance has become synonymous with reliability in the financial sector. Investors seeking a safe haven for their funds can rest assured that their investments are in safe hands.

Bajaj Finance Fixed Deposits hold the highest safety ratings of CRISIL AAA/STBLE and [ICRA]AAA(STABLE), emphasising the robustness of its financial standing. This level of credibility provides investors with peace of mind, knowing that their money is secure and well-managed.

2. Attractive Interest Rates: In the pursuit of financial growth, the interest rate plays a pivotal role, and Bajaj Finance Fixed Deposits excels in this aspect. Offering highly competitive interest rates of up to 8.60% p.a., Bajaj Finance ensures that investors not only preserve their capital but also witness substantial returns on their investments.

The interest rates are structured to cater to different tenures ranging from 12 to 60 months, providing flexibility for investors with varying investment horizons. By consistently offering rates that outpace inflation, Bajaj Finance Fixed Deposits ensures that your money grows at a pace that keeps you ahead in your financial journey.

3. Flexible Tenure Options: Recognising that each investor has unique financial goals and timelines, Bajaj Finance Fixed Deposits provides a range of flexible tenure options. Whether you are looking for short-term gains or planning for a more extended investment horizon, Bajaj Finance accommodates your needs with tenures ranging from 12 to 60 months.

​This flexibility empowers investors to align their investments with specific life goals, be it a down payment for a home, funding education, or planning for retirement. The ability to choose a tenure that suits your financial objectives adds a layer of customisation to your investment strategy.

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4. Online Convenience and Hassle-Free Processing: Embracing the digital era, Bajaj Finance offers a seamless and user-friendly online platform for FD investments. The online platform process is designed to be hassle-free, allowing investors to complete the entire investment journey from the comfort of their homes.

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The convenience of online transactions, coupled with quick processing times, makes Bajaj Finance Fixed Deposits an attractive choice for those seeking a straightforward investment experience. Investors can monitor their investments, receive interest pay-outs, and even renew their fixed deposits with just a few clicks.

5. FD Calculator for Precise Planning: A distinctive feature that sets Bajaj Finance Fixed Deposits apart is the availability of an Fixed deposit calculator. This tool empowers investors to make informed decisions by calculating the maturity amount and interest earnings based on their principal amount, chosen tenure, and applicable interest rates. The FD calculator acts as a valuable resource, providing transparency and clarity in financial planning.

Additional Benefits and Special Offers: Bajaj Finance goes the extra mile to make the investment experience even more rewarding for its customers. With and additional benefits, like up to 0.25% p.a. extra interest for senior citizens, option for cumulative and non-cumulative FDs, and better interest rates on FDs for special tenures of 15, 18, 22, 30 33, and 44 months.

Staying true to its commitment to customer satisfaction, Bajaj Finance continually introduces initiatives that add value to the investors journey. These additional benefits contribute to making the fixed deposit experience with Bajaj Finance not just secure and lucrative but also uniquely advantageous.

In conclusion, Bajaj Finance Fixed Deposits stand out as a robust and investor-friendly option in the realm of financial instruments. With stability, attractive interest rates, flexible tenure options, online convenience, and the added advantage of the FD calculator, Bajaj Finance Fixed Deposits aligns with the financial aspirations of investors, providing a secure path to wealth creation and preservation.

As you embark on your investment journey, consider Bajaj Finance Fixed Deposits as a prudent choice for your financial growth.

Tata International Expands Operations in Nigeria at Lagos Free Zone

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Lagos, Nigeria, West Africa

Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ). The agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand. This marks a significant milestone in the companys commitment to the region.

MD, Tata International Limited, Anand Sen; MD, Infrastructure and Fintech Business, Tolaram, Navin Nahata; MD, Tata Africa Holdings Property Limited, Len Brand and GM, Strategic Marketing, Lagos Free Zone, Tejaswi Avasarala at the official signing ceremony in Lagos

With a rich legacy spanning over four decades, Tata International is a key contributor to the economic landscape of the African continent. In 2006, Tata International established operations in Nigeria and since then has made a significant contribution in the country, upholding the core values of Tata’s business ethics and commitment to corporate social responsibility.

“As a brand synonymous with quality products and ethical business operations in Africa, Tata International is excited to join the Lagos Free Zone. This strategic move reflects our commitment to fuelling growth in Nigeria and the wider African continent”, says Anand Sen, MD, Tata International.

Promoted by Tolaram, a Singaporean conglomerate with over four decades of experience in Nigeria, LFZ is in Lekki, the sunrise development corridor earmarked by Lagos State Government for driving industrialization over the next two decades. The agreement with LFZ involves the leasing of a state-of-the-art 6000 square meter facility within LFZ, a move aimed at enhancing Tata International’s operational capabilities in the region.

The participation in Lagos Free Zone is the next level of commitment for Tata Internationals longstanding presence in Nigeria and the African continent as a whole. This collaboration with Tolaram underscores our dedication to fostering economic growth and increased competitiveness. We aim for this partnership to lead to greater efficiency, innovation, and specialisation in the region,” added Len Brand, MD of Tata Africa Holdings.

The signing ceremony took place in the Lagos Free Zone area and was attended by key representatives from Tata International, Tolaram and Lagos Free Zone. The event signifies the dawn of a new era in the relationship between the entities, aiming to contribute to economic development in the region and attract new investors to Nigeria, recognised as one of the key economies in the continent.

“Tata International remains steadfast in its vision to build and sustain relationships in Africa. The companys entry into the Lagos Free Zone reaffirms its commitment to creating opportunities and making a positive impact on local communities. We stand by our pledge to strengthen our already robust footprint on the African continent,” concluded Brand.

Navin Nahata, a member of the Tolaram Board and the Managing Director of its infrastructure and fintech business, added: “We are delighted that Tata International, one of our most prestigious international clients, has decided to expand their operations in Nigeria through our ready-to-lease Standard Industrial Facility at the LFZ. We are committed to supporting the next phase of growth in Nigeria for Tata International.

LFZ is the first and only free zone in Nigeria that is uniquely integrated with the deepest seaport in the region, the Lekki Port, which commenced operations in April 2023. LFZ thus offers a unique location that will provide our valued tenants with seamless and cost-efficient access to domestic, regional, and international markets,“said Dinesh Rathi, CEO and Managing Director at Lagos Free Zone.

About Tata International in Africa

The Tata group and Tata International began the relationship with the African continent in 1977 with the establishment of Tata Zambia. In 1994, the Tata group inaugurated Tata Africa Holdings, in Johannesburg South Africa, which now serves as the groups headquarters in the continent. Tata International is present in 12 African countries, namely South Africa, Ghana, Kenya, Ivory Coast, Malawi, Mozambique, Nigeria, Senegal, Tanzania, Uganda, Zambia and Zimbabwe. It operates in automotive, agricultural equipment, farming and farm equipment, chemicals, and healthcare products.

Today, Tata is a brand thats synonymous with quality products and ethical business operations in Africa. It is committed to its vision of building and sustaining relationships in Africa with cooperation and trust, creating employment opportunities and making its contribution to the social development of local communities. Tata companies in Africa promote the social and economic development of local communities through education, entrepreneurship and health initiatives.

About Lagos Free Zone

Established in 2012, Lagos Free Zone (LFZ) is a unique and award-winning port-based industrial zone (850 hectares) in Lagos, Nigeria, with over USD 2.5 billion committed FDI projects to date. Owned and promoted by Tolaram, LFZ is located in Lekki, the sun rise development corridor in Lagos. Its vision is to be the preferred industrial hub in West Africa with world-class infrastructure and they currently serve global brands like BASF, Kellogg’s, Colgate, Arla, Dufil, Lekki Port among others as its current tenants.

IFCCI Awards Best CSR Projects of Indo-French Companies, Celebrates 10 Years of the CSR Act at its 5th Edition of the CSR Conclave & Awards

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The Indo-French Chamber of Commerce and Industry (IFCCI) awarded best CSR projects from French and Indian companies across seven categories at the 5th edition of the IFCCI CSR Conclave and Awards in the presence of Mr. Damien Syed, Deputy Head of Mission, Embassy of France to India. The Annual CSR Conclave brings together CEOs, policymakers, CSR leaders, CSR foundations and non-profit organizations to a single platform and share best practices while recognising the efforts of the most impactful CSR projects. The event witnessed a gathering of over 100+ business leaders from top French and Indian companies.

Award Winners at the 5th edition of the IFCCI CSR Conclave and Awards

Initiated by the CSR Committee of the Chamber which is led by Chairperson – Mr. Anurag Pratap, Chairperson, CSR Leader, Capgemini and Vice Chairperson – Ms. Priyam Dhamankar, Legal and Compliance Director, Servier India, the Conclave showcased CSR projects of top French companies in India and recognized their efforts by presenting awards for the Best CSR Projects with a focus on six important categories of education, environment and sustainability, healthcare, vocational skills and livelihoods and employee engagement. This year, IFCCI received 60 applications and were judged on criteria such as Business-based social purpose, innovative CSR initiatives reinforcing the company’s business purpose, Clear theory of change, impact & measurement, Concentrated efforts including employee volunteering.

Ms. Payal S. Kanwar, Director General of IFCCI, said, “The contribution of French companies in CSR & ESG and IFCCI’s close association with them for the French Covid Solidarity mission in 2021 encouraged the chamber to focus on collaborative projects. IFCCI launched its CSR Department in August 2023 with an aim to promote responsible & collaborative CSR as a combined showcase of French companies in India. The Department has already started with its first project with Socomec India and 11 other French companies’ projects are in the pipeline. With IFCCI’s CSR Committee and department, we aim to collectively enable Governments, companies, NGOs, communities, and stakeholders at large who are committed to creating affecting impact via inclusive CSR.”

Mr. Damien Syed, Deputy Head of Mission, Embassy of France to India said, “This event is being organised at a special moment when India and France complete 25 years of their strategic partnership. The dynamism of the French companies in India and their CSR activities is the demonstration of the diversity and strength of the partnership between the two countries and CSR is one of the best examples to achieve concrete results towards the benefit of the community and the society.”

The event also included a Fireside Conversation and a CXO Panel Discussion on the themes – Celebrating 10 years of the CSR Act and Promoting Innovation & Creating Impact:

Speakers at the Event

Mr. Meenu Singhal, Managing Director, Socomec India

Mr. Sudarshan Mogasale, CEO, Dassault Systmes Solutions Lab India

Mr. Sashidhar Vempala, Chief Sustainability Officer & Head-CSR, Pernod Ricard India and

Ms. Amisha Shah Dhutia, Head – BNP Paribas Foundation

Ms. Divya Jain, Women Entrepreneurship Platform (WEP), an initiative by Niti Aayog

Winners – IFCCI CSR Conclave & Awards 2023

Education

La Fondation Dassault Systmes-India
Project: Made In 3D – Seed the Future Entrepreneurs Program

Season 2022-23

Ennoble Social Innovation Foundation
Cluster of Excellence Program

Environment & Sustainability

BNP Paribas India
Project: Heater of Hope: Building Resilience in Communities through Climate Action

Thales in India
Projects: Carbon Zero Challenge (CZC) – an All-India Eco-Innovation and Entrepreneurship Contest

Healthcare

Accor (AAPC India Hotel Management Limited)
Project: Eye See & I Learn

Vocational Skills & Livelihoods

Saint-Gobain India Private Limited
Project: Skill Development Center

Best Employee Engagement Program

BNP Paribas India
Project: Employee Volunteering (1MillionHours2Help)

Servier India Private Limited
Project: #STRIDE

Best CSR Project of the Year

Technip Energies India Ltd.
Project: Seed of Hope

Jury Special

Sanofi India Limited
Project: Social Impact Programme for Type 1 Diabetes (T1D)

Jury members – IFCCI CSR Conclave & Awards 2023

Mr. Benoit Renard, Vice President, IFCCI, Advisory Committee Member, IFCCI CSR Department & Managing Director, Air Liquide India

Mr. Shad Joynal Abedin, Political Counsellor, Embassy of France in India

Ms. Payal S. Kanwar, Director General, IFCCI

Mr. Anurag Pratap, Chairperson, IFCCI CSR Committee, Advisory Committee Member, IFCCI CSR Department & CSR Leader, Capgemini

Ms. Priyam Dhamankar, Vice Chairperson, IFCCI CSR Committee, Advisory Committee Member, IFCCI CSR Department & Legal & Compliance Director, Servier India

Ms. Manisha Khosla Sinha, Advisory Committee Member, IFCCI CSR Department & Head of CSR, Brand & Communications, BNP Paribas India

Ms. Rinika Grover, Head Sustainability and CSR, Apollo Tyres

Event Partners

Platinum Partners – BNP Paribas Foundation, La Fondation Dassault Systmes India and Pernod Ricard India

Supporting Partners – Ma Foi Foundation and Optimax Aces

Annual Patron of IFCCI’s CSR Committee – Fuel Group

NGO Partners – Action Against Hunger, Civilian Welfare Foundation, Ennoble, United Way and Virender Sehwag Foundation

Media Partners – Asia Briefing, CSR Times and Dainik Jagran

Gift Partner – Svatanya

About the Indo-French Chamber of Commerce and Industry (IFCCI)

Established in 1977, the Indo-French Chamber of Commerce and Industry is the most active bilateral chamber in India. The Chamber has six offices in Mumbai, New Delhi, Chennai, Bangalore, Hyderabad, and Pune. IFCCI represents a dynamic business platform of over 650 company members and 16 Sector Committees offering an extensive range of business services and giving access to people and information. www.ifcci.org.in.