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Tag: International

Tata Motors registered total sales of 74,753 units in November 2024

Bengaluru, December 3, 2024: Tata Motors Limited sales in the domestic & international market for November 2024 stood at 74,753 vehicles, compared to 74,172 units during November 2023.

  • Domestic Sales Performance:
Category November 2024 November 2023 % change

(Y-o-Y)

Total Domestic Sales 73,246 72,647 1%
  • Commercial Vehicles:
Category November 2024 November 2023 Growth

(Y-o-Y)

HCV Trucks 7,586 8,253 -8%
ILMCV Trucks 4,374 4,385 0%
Passenger Carriers 3,022 2,130 42%
SCV cargo and pickup 11,201 11,811 -5%
CV Domestic 26,183 26,579 -1%
CV IB 1,453 1,450 0%
Total CV 27,636 28,029 -1%

Domestic sale of MH&ICV in November 2024, including trucks and buses, stood at 12,481 units, compared to 12,303 units in November 2023.

Total sales for MH&ICV Domestic & International Business in November 2024, including trucks and buses, stood at 13,230 units compared to 12,895 units in November 2023

  • Passenger Vehicles:
Category November 2024 November 2023 Growth

(Y-o-Y)

Total PV Domestic (includes EV) 47,063 46,068 2%
PV IB 54 75 -28%
Total PV (includes EV) 47,117 46,143 2%
EV (IB + Domestic) 5202 4,761 9%

Includes sales of Tata Motors Passenger Vehicles Limited and Tata Passenger Electric Mobility Limited, both subsidiaries of Tata Motors Limited.

Mumbai Airport’s ‘Pawfect’ Initiative Returns to Elevate Your Travel Experience

Mumbai, 28 October, 2024: Travel just got a whole lot more comforting and fun! Chhatrapati Shivaji Maharaj International Airport (CSMIA) is thrilled to announce the return of its wildly popular ‘Pawfect’ initiative. Ready to melt stress away and turn the airport experience into a fun-filled adventure, this delightful programme features nine adorable dogs at Terminal Passengers can prepare to be charmed and comforted by these furry ambassadors of happiness before embarking on their journey. This cheerful pack includes a Golden Retriever, a Maltese, a rescued Husky, a Shih Tzu, a Lhasa apso, a Labrador and more—all specially chosen and trained to spread joy and soothe travellers.

From Friday to Sunday, between 1500hrs and 2300hrs, these lovable emotional support companions will be waiting to greet travellers in the Terminal 2 Departures area, including Domestic Level 3 and after immigration. These trained canine companions are experts in sensing and responding to moods, offering unconditional love and comfort like no other. Engaging with these furry friends offers a soothing respite, allowing passengers to find their travel anxiety melting away. This initiative will infuse the airport environment with cheer and surprise, recognising that air travel can be tiresome and stressful for some passengers.

CSMIA’s Pawfect programme is a pioneering initiative in an Indian airport, featuring stars like Bella, a gentle and affectionate golden retriever known for her warm and uplifting personality. Bella’s specialised training in bringing joy to travellers and engaging with children with special needs beautifully complements her calm demeanour, creating a delightful oasis amidst the bustling airport. Alongside her team, Bella continues to create smiles and comfort countless travellers, brightening their journey through CSMIA.

Commenting on this fun development, CSMIA spokesperson, commented, “At Mumbai International Airport, we take pride in ensuring that every passenger is taken care of. Traveling and taking a flight can be hectic and challenging for many, which is why we continuously seek innovative ways to enhance the passenger experience. Our Pawfect initiative, which was very popular before the Pandemic, not only helps to reduce travel-related anxiety but also brings a sense of joy and comfort to our passengers.”

By reintroducing the ‘Pawfect’ programme, CSMIA creates memorable and enjoyable experiences for passengers, enhancing the overall ambience of the terminal. Moreover, these furry companions encourage social interactions among travellers, who share heartwarming stories and memories of their pets, further enriching the community spirit at the airport. Get ready for some tail-wagging joy and cuddles that will make your travel experience truly special!

50 New Courses Available for International Students with Prodigy Finance at 5 UK Universities

This Diwali, Prodigy Finance extends its warmest wishes to all Indian students, whether studying in India or abroad. Diwali is all about light, hope, and new beginnings, and it resonates with every student who is aspiring for higher education. This year, the company has introduced some new courses and universities in the UK, expanding on its list of 480+ supported global universities across 19 countries. This will give more options to students who want to study abroad.

Among the esteemed institutions joining their network is the University of East Anglia, located in Norwich. This university has many programs across multiple faculties. Students can choose from 2 programs in the Faculty of Medicine and Health Sciences, 30 programs in the Faculty of Social Sciences and 6 programs in the Faculty of Science. The university already has more than 1000 international students and also offers many scholarships.

Additionally, Prodigy Finance has partnered with the University of Stirling. It offers a variety of postgraduate degrees including MSc, LLM, MPP, MBA, and MA. The University of Stirling is known for providing high quality education that prepares students for careers and according to its website, has a 96% employability rate.

The University of Dundee has also joined the list of partner institutions and offers a wide selection of programs across its multiple schools. Students can choose from 34 programmes in its School of Business, 13 courses in the School of Humanities, Social Sciences and Law, MSc Biomedical and Molecular Sciences with Entrepreneurship, or study medicine with 2 courses in the School of Medicine. Furthermore, there are 7 master’s programs available in the School of Science and Engineering.

The University College London (UCL) – School of Management is now also part of the Prodigy Finance portfolio. This partnership allows students to pursue an MBA program that is globally recognized for its curriculum and faculty.

Alliance Manchester Business School, a highly reputed MBA school, is now a supported institution. With a reputation of being one of the top business schools in the UK, Alliance Manchester Business School provides a challenging and rewarding academic environment to help students thrive in today’s complex business world.

The addition of these universities and courses is a testament to Prodigy Finance’s commitment to making education accessible to all students. Sonal Kapoor, Global Chief Commercial Officer of Prodigy Finance, said, “Diwali reminds us of the power of knowledge to dispel the darkness. Just as a single lamp can light many others, education has the power to transform lives and create a brighter future. These new offerings are a step towards our mission of making global education accessible to more students.”

Offering no-collateral and no-cosigner loans allows for extended services to a wider range of students who may not have traditional means of securing funding for their education. Prodigy Finance continues to foster partnerships with leading universities worldwide.

Shriram Finance raises USD 500mn through Social Bonds from International Bond Markets

Mumbai, September 25, 2024:  Shriram Finance Limited (“SFL” or “Company”) One of the India’s largest retail financing Non-Banking Finance Companies has successfully priced a USD 500 million Fixed Rate Senior Secured Rule 144A / Reg S Bond for a 3.5 year tenor at an interest rate of 6.15%. This deal marks the largest deal size by the Company. This is the Company’s 9th successful USD public bondissuance since the relaxation in the ECB guidelines.

Following a strong book build supported by high quality long only marquee investors, the Company was able to achieve tightening in the pricing by 35 bps. This also marks the tight credit spreads over 3 year US Treasuries in our USD bonds.

The bond got an overwhelming response from over 125 investors with the order book in the range of 2.4x of the issue size.The transaction witnessed 47% participation from APAC, 27% from EMEA and 26% from US with 83% investment from asset managers/fund managers, 11% from private banks and 6% from banks.

SFL’s Social Bond issuance is guided by SFL’s Social Finance Framework which is aligned to the ICMA Social Bond Principles. The proceeds from the Social Bonds would be used for employment generation especially through MSME financing. SFL has obtained a second party opinion from S&P and CareEdge on its Social Finance Framework mapping to UNs Sustainable Development Goals – 1. No poverty, 8. Decent work and economic growth, 9. Industry, innovation and infrastructure, 10. Reduced inequalities.

SFL’s financial instruments and services provided are:
– Financing to small road transport operators (SRTOs) and first-time borrowers (FTBs) at favorable interest rates, where SRTOs and FTBs are from underserved communities across
India;

– Suitable financial instruments and services for micro, small and medium enterprises (MSMEs), whose  current asset base does not allow access to mainstream bank credits or without proof of income to qualify for traditional loans; and

– Affordable financing instruments (i.e., personal loans, gold loans) to individuals (i.e., unbanked and/or underserved individuals, including women as a target population). Mr. Umesh Revankar, Executive Vice Chairman of Shriram Finance Limited, while describing the successful issuance stated “We are delighted to announce the successful placement of our USD 500mn Social Bond, reinforcing our commitment to advancing initiatives through our Social Finance Framework. This opportunistic issuance, executed under favorable market conditions, received an overwhelming response from global investors. As our 9th successful public USD bond issuance, following the USD 750 million transaction in January 2024, this reflects strong investor confidence in our financials, strategic vision, and dedication to fostering sustainable and inclusive growth.”

IIIT-Bangalore Wins International Green University Award 2024 for Second Consecutive Year

Bengaluru, India, September 25, 2024: The International Institute of Information Technology Bangalore (IIIT-B) is proud to announce that it has been selected for the highly esteemed International Green University Award 2024. Receiving the award for the second consecutive year highlights IIIT-B’s holistic approach to sustainable practices, aligning with UNESCO’s Greening Education Partnership.

The International Green University Award 2024 honors educational institutions that demonstrate outstanding efforts in promoting environmental sustainability and instilling eco-conscious values in students. IIIT-Bangalore’s initiatives, which have significantly contributed to reducing the institution’s carbon footprint, promoting sustainability, and raising environmental awareness, were instrumental in securing this award.

The award was officially presented on September 24, 2024, at the 8th NYC Green School Conference held on the sidelines of the 79th United Nations General Assembly and the Summit of the Future in New York. Mr. Jagdish Patil, Chief Administrative Officer (CAO) of IIIT-Bangalore, received the award on behalf of the institute.

The jury of the International Green University Award 2024 praised IIIT-Bangalore’s dedication and commitment to fostering a sustainable learning environment and inspiring future generations to become responsible stewards of the planet.

Speaking about the award, Prof. Debabrata Das, Director, IIIT-Bangalore, said, “Receiving the International Green University Award 2024 is a tremendous honor for IIIT-Bangalore. This recognition reflects our unwavering commitment to sustainability and innovation in education. We take immense pride in fostering an eco-conscious campus that inspires the next generation of leaders to prioritize the health of our planet. This award energizes us to continue leading by example in creating a sustainable future.”

Speaking from New York after receiving the award, Mr. Jagdish Patil said, “This recognition for the second consecutive year places IIIT-Bangalore among an elite group of global universities making remarkable contributions to environmental conservation. It underscores the institute’s leadership in sustainability and its role in shaping the future of education through eco-friendly practices.”