Category: Uncategorized

Finolex Industries reports highest ever operating PBT…

Pune, 19 May 2022: Finolex Industries Limited (NSE:FINPIPE|BSE:500940) at its Board Meeting held today announced unaudited financial results for the fourth quarter ended March 31, 2022.

Key Financial Highlights (Standalone): (INR- Cr)

*  Excludes exceptional item

Q4 FY22 Highlights:

· Total income from operations was Rs 1,594.57 Cr for Q4FY22 – up 27.7% against Rs 1,249.08 Cr in Q4FY21.

· Volume in Pipes & Fittings segment was up 30.5% to 78,629 MT in Q4FY22 against 60,232 MT in Q4FY21

· EBITDA before exceptional items stood at Rs 264.66 Cr for Q4FY22 – down 35.5% against Rs

410.05 Cr for Q4FY21.

· Profit after tax was at Rs 493.80 Cr for Q4FY22 – up 66.1% against Rs 297.34 Cr for Q4FY21.

FY22 Highlights:

· Total income from operations was Rs 4,647.32 Cr for FY22 – up 34.2% against Rs 3,462.27 Cr in FY21.

· Volume in Pipes & Fittings segment grew 11.7% to 2,36,895 MT in FY22 against 2,12,060MT in FY21

· EBITDA before exceptional items stood at Rs 1,023.71 Cr for FY22 – up 3.5% against Rs

989.29 Cr for FY21.

· Profit after tax was at Rs 1,053.47 Cr for FY22 – up 66.1% against Rs 728.01 Cr for FY21.

Commenting on this commendable feat, Mr. Prakash P. Chhabria, Executive Chairman, Finolex Industries Limited said, “Our 40th financial year has been a stellar one. Our teams have delivered a great year, despite the challenging conditions. This has only been made possible by the engine that drives our growth – the Finolex Parivaar. Each member, has pushed themselves and their colleagues to excel, taking the success of Finolex as their own personal success.”

SuperBot registers 85 per cent Year-on-Year growth

Gurugram, 16 May 2022 – SuperBot an intelligent, AI-powered voice agent and a SaaS-based product by PinnacleWorks has announced reaching the milestone of 250 clients and clocking a year-on-year growth figure of 85% in terms of revenue. The brand has been providing the finest AI-based voice agent across major industries including education, healthcare etc. And it’s evident with the addition of 15 new clients in the clientele within the last quarter of fiscal 2021-22.

Currently, the brand attracts maximum traction from the education sector with a 70 per cent contribution, followed by healthcare with 30 per cent.

The technology first company plans to expand its wings deeper in the healthcare sector this financial year, and easily eyes adding 50+ clients in the first quarter of fiscal 2022-23.

“We took the innovation in AI a step ahead with the creation of SuperBot. We are glad that the difference and USP are being received well across the sectors, and clients are opting for SuperBot over any other products that might be available in the domain. This is going to grow exponentially, and as we penetrate deeper in the market we will achieve a clearer distinction,” said Mr Sarvagya Mishra, co-founder, and Director of SuperBot (PinnacleWorks).

The brand since its inception has been witnessing exponential growth not only in terms of revenue but also in terms of clients, the team as well as product advancement.  The brand recently announced an aiming 300 % growth in its talent pool in the new financial year. The company currently boasts a strength of 55 and targets to take this number up to 200 by the end of fiscal 22-23.

About SuperBot by PinnacleWorks

SuperBot is an intelligent, AI-powered voice agent, by PinnacleWorks which was established in the year 2012. The brand has always focused on bringing a revolution in the tech industry. Following its vision of Always Evolving, PinnacleWorks launched SuperBot in the year 2018, when the concept of an AI-Powered chat agent was new to the Indian Market. It transformed the communication process for 100+ organizations & helped them connect with their users 24×7 over various media including WhatsApp, Facebook, etc. It took the next step towards advancing communication by launching the voice-based communication agent of SuperBot, which is capable of catering to 1M+ inbound/outbound calls a day. With the launch of SuperBot-Voice Agent, the mission stays the same and i.e to revolutionize calling and make businesses use machines for doing the hard work while the humans invest their time in doing the smart work only.

Vanity Wagon hosts Community – Meet for Consumers Empowerment

Vanity Wagon, India’s largest clean beauty marketplace hosted its first-ever community meet-up at Cafe Bar Celeste, Gurugram on May 7th, aiming to connect with its conscious beauty consumers from Delhi. In this multi-touchpoint world, customer journeys have become more complicated and informational as well as chaotic with misleading data. The brand did this larger-than-life activity as a way to mindful interaction with its consumers about the Clean Beauty movement and drive momentum for the toxic-free beauty regime. To maintain a lasting connection with the real ambassadors of healthy beauty, Naina Ruhail, Founder, Vanity Wagon actively engaged the audience.

Expressing her thoughts at the event, Naina Ruhail, Founder, Vanity Wagon said “Consumers are more concerned with ethical and holistic beauty concepts; they are not impulsive buyers anymore. Today, a consumer carefully analyses the products and chooses those that are nature-friendly and make greener contributions. We want consumers to question toxic ingredients, as well as products that cause skin problems, or, in the worst case, are carcinogenic or endocrine disruptors. This event was a mindful junction for connecting and getting to know our customers, their experiences, and their journey into conscious beauty.”

The Clean Beauty movement and community are growing on a big scale. As consumers continue to search for connections with brands, brands must invest in their communities in multiple ways by listening, understanding their concerns, noticing their feedback, and integrating it into their actions. “Consumers add value to the life cycle of a brand, and they want to be recognized for it. Social interaction is a means of empowering consumers and showing that brands are dedicated to bonding and growing the tribe of loyal customers.” said Naina Ruhail. 

Vanity Wagon believes in bringing and building the community together for a common goal of Clean Beauty. Making a change in consumer choices by freeing them from conventional and toxic-laden beauty is what the Clean Beauty movement is all about. Now, consumers want skincare products with honest and minimalist ingredient lists.

Join the movement to benefit the well-being of consumers and the planet.

‘We have made education a political priority,’ says Manish Sisodia at GITAM

Hyderabad / April 25, 2022: Manish Sisodia, Deputy Chief Minister, Delhi was present at the GITAM (Deemed to be University) Vizag campus to address students, academicians, and civil society members as part of their Changemakers series. As part of the exclusive series, national and global leaders visit GITAM campuses, and share their dynamic insights, providing an outside the classroom learning opportunity for teachers and students. 

Mr Sisodia spoke at length about the Delhi Government’s education initiatives, the mission and vision behind these initiatives, his growing up years, the transition from activism to politics, adopting participative democratic methods and much more. 

He started by talking about his vision for education, “In the last seven years, people of Delhi have given us the opportunity to work on governance and I don’t know if we can say it has transformed, but there is definitely a beginning. In Delhi, we have worked in two folds – one is fixing the problem of education system and using education to fix the problems of the society.” 

He added, “We’ve made education a political priority. Education has never been a priority for politicians because the results of investing on education are not immediate. While building roads or working on other infrastructure – right before elections guarantee support during elections, the same can’t be said about education. But we’ve changed the narrative through our work in Delhi. Now politicians do talk about education before elections.” 

Explaining on how the change was brought about he said, “We increased the budget allocated to education and we’ve used this money to improve infrastructure – which is always a work in progress. We’ve started training programmes for teachers. We send our government school teachers to universities such as Harvard and Columbia and countries like Singapore and Finland. We want the teachers to provide world-class education, but they can only do that when they know what the rest of the world is doing in the field of education. We’ve also tried to shift the focus of classroom teaching to producing good learning outcomes.” 

About using education to fix the problems of the society, he said, “Education is necessary to deliver not only skills, but also a change the mindset. Happiness mindset is missing, entrepreneurship mindset is missing and the mindset that we all belong to one nation and must work together as a team is also missing. So, we’ve introduced three curriculums to produce these mindsets in future citizens. It’s not enough to score high marks, it is also important to have the right mindset to thrive in society.” 

Answering a question about AAP’s attempts to foster a participative democracy in society, he gave the example of how the budget preparation process for the Delhi government is inclusive, which considers the inputs of various stakeholders like traders and market associations etc. 

Talking about hosting Manish Sisodia, M. Sri Bharat, President, GITAM (Deemed to be University) said, “It was our pleasure to have Mr. Sisodia, amongst us today and inspire our faculty members and students to bring a positive change in the society through their own respective subjects and area of specialisations. Anecdotes from his life will be good guiding principles, especially for the students.” 

Mr. Sisodia spoke about moving from journalism to RTI activism and then to politics. He said, “RTI should be strengthened because my belief is that the correct thing will be done only when there is transparency. That is because an act like RTI forces those in power to be accountable. Those in governance should always be afraid of the public questioning them, their actions, and motives. That is important for good, responsible governance.” 

Le Rythme organizes a musical evening – ‘Musical Tribute: Sradhanjali’ in the memory of renowned Hindustani classical singer Rini Mukherjee

New Delhi: In the memory of renowned Hindustani classical singer Rini Mukherjee, a musical evening “Musical Tribute –Sradhanjali ” was organized at Chinmaya Mission, Lodhi Road, Delhi by Le Rythme, an organization dedicated to Indian dance and music. The musical evening enthralled the audience with a heartwarming performance of a memorable dance tribute to her mother Rini Mukerji on the song ‘O Maa……’ by Riya Mukerji, young promising artist and daughter of singer Rini Mukerji. Performance  of by renowned flute player Rajendra Prasanna and Hindustani classical vocals by Pandit Ritesh and Ranjan Mishra and dance tribute by Le Rythme made the musical evening memorable

On this occasion, member of National Human Rights Commission and former Secretary in the Ministry of External Affairs, Government of India, Dnyaneshwar Mulay and Delhi Jal Board Vice Chairman and AAP MLA Saurabh Bhardwaj were present as chief guests. The guests were welcomed with a memento by Rajeev Mukhopadhyay, husband of Rini Mukherjee and co-founder of Le Rythme.

 The Musical evening, Musical tribute Sradhanjali was comprise the performances by many prominent personalities of music world. It was ornamented with Flute Recital By Sangeet Natak Academy Awardee Pt. Rajendra Prasanna  Accompanied by Ustad Akram Khan in Tabla Hindustani classical By Pt.Ritesh & Ranjan Mishra  and Dance Tribute by Le Rythme which has been Choreographed & Directed by Santosh Nair .Around 100 students from Le Rythme performed in the memory of their  Guru and famous singer Rini Mukherjee .

Rajib Mukhapadhyay, husband of Rini Mukherjee and Co- Founder of Le Rythme informed that Le Rythme organize it’s next cultural event in the memory of its creator Smt Rini Mukherjee who has spent her life to promote Indian Art & Culture and for the benefits of the society. Now It’s our turn to pay tribute to this great soul for her relentless efforts and sacrifices at this young age.

Le Rythme has supported students from less privileged communities who are being trained by 20 eminent Gurus of the country. The academy has focused on integration of different forms of Indian dance and music for over years.

Get ready for a spring refresh with R CITY’s ‘Spring Fiesta’

Mumbai, 14 April, 2022: R CITY mall, one of Mumbai’s iconic lifestyle shopping and entertainment destinations known for its blend of both Indian and international brands, is back with another extraordinary experience for its patrons with its ‘Spring Fiesta’ which will be held till 1st May, 2022. The fiesta brings the latest spring collection across various fashion brands namely H&M, Lifestyle, Vero Moda, Pantaloons, Westside, Aldo, Marks and Spencer, Tommy Hilfiger and many more.

Apart from the best in vogue spring collection, the visitors will be able to witness the grand Floral Orchestra – an exuberant spring décor which will surely be a delight for them and make a perfect backdrop for that Insta worthy click. Themed around the concept of musical spring, the eye catching decor is a 3D representation of soothing and relaxing music of what nature brings about. The dancing gramophone on piano keys with a floral waterfall, branches with musical notes and colourful birds make a wholesome installation. This larger-than-life installation is made with over 50,000 flowers and about half a million mirror chips placed individually to make this glamorous piece of art come to life. These are two of the largest gramophones ever built in the world.

The Spring Fiesta is a vibrant festival that celebrates the spirit of an enchanting Spring and involves Fashion shows and various lucrative offers for patrons. Retail has come forth as one of the most dynamic and fast-paced industries of India. It has been witnessed by all how malls have evolved as a centre of urban lifestyle and a favourite place to hangout. The essence of a mall lies not just in the shopping experience it provides, but also in the holistic food and entertainment experience it offers where people look forward to rejuvenate, socialise & get entertained. Most malls in India are endeavoring to raise the bar by offering a differential shopping and entertainment experience under one roof and R CITY is giving exactly that to its customers.

There are more reasons than one to visit and enjoy the ongoing fiesta with friends, family and make the best use of the exciting activities hosted by the mall. Every weekend, the mall will organize Spring Fashion shows showcasing the latest collection. That’s not all, with several brands exhibiting their spring collection, shoppers will also get a chance to win a 10% Cashback over shopping worth Rs. 10,000 and above. Apart from this, the mall will also host various stand- up comedy shows, flea markets and panel discussion in the entire month.

So, this spring, come visit R CITY – the shopping paradise – and revel in its Spring Fiesta 2022!