NEW DELHI: Honda Cars India Ltd. (HCIL), the leading manufacturer of premium cars in India, registered total sales of 10,867 units in April 2024 as compared to 7,676 units in the same month last year. The company registered 4,351 units in domestic sales and 6,516 units in exports in April’24.
Sharing thoughts on April’24 sales performance, Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “Our planned production volumes in April were lower due to the switchover of Elevate and City production to six-airbag standard variants and the dispatches were aligned accordingly. On the other hand, export of Elevate continues to significantly boost HCIL export volume which grew by 175% over the same period last year.”
The company had registered 5,313 units in domestic sales and exported 2,363 units on April 23.
CASA Deposits have elevated by ₹ 11657 crore to ₹ 191969 crore reflecting Y-o-Y progress of 6.46% & having a share of fifty.02% of whole Deposits.
Gross Advance elevated by 15.60 % to ₹ 251745 crore.
Credit to Deposit (CD) Ratio improved to 65.59 % registering an enchancment of 473 bps, from 31st March 2023.
Gross NPA improved to 4.50 %, registering an enchancment of 394 bps.
Net NPA improved to 1.23 %, registering an enchancment of 54 bps.
Provision Coverage Ratio improved to 93.58%, registering an enchancment of 110 bps.
Net Profit up by 41.33 % to ₹ 807 crore (Quarter)/ 61.13% to ₹ 2549 crore (FY).
Net Interest Income (NII) elevated by 10.34 % to ₹ 12896 crore for 12 months interval / FY ended on 31st March 24, over corresponding interval of final 12 months.
Net Interest Margin (NIM) diminished marginally to three.40 %.
Return on Assets (ROA) improved to 0.76 % & 0.63 % (Q-o-Q & for 12 months interval /FY ended on 31st March 24, over corresponding interval of final 12 months.), registering an enchancment of 15 & 19 bps, respectively.
Return on Equity improved to 2.92 % & 9.53 % (Q-o-Q & for 12 months interval/FY ended on 31st March 24, over corresponding interval of final 12 months.), registering an enchancment of 65 & 311 bps, respectively.
CRAR improved to fifteen.08 %, of which Tier I is 12.46 %, registering an enchancment of 96 bps.
Profitability (Quarter Ended March 31st, 2024):
ðNet Profit up by 41.33 % to ₹ 807 crore in Q4FY24 towards ₹ 571 crore in Q4FY23.
Total Income (Interest Income plus Non Interest Income) for Q4FY24 improved by 13.20 %, from ₹ 8568 crore in Q4FY23 to ₹ 9699 crore for Q4FY24.
Return on Assets (ROA) improved to 0.76% for Q4FY24 as towards 0.61% for Q4FY23.
Return on Equity (ROE) additionally improved to 2.92 % for Q4FY24 as towards 2.27 % for Q4FY23.
Net Interest Income (NII) marginally improved to ₹ 3541 crore, as towards ₹ 3513 crore within the corresponding interval of earlier 12 months, registering a progress of ₹ 28 crore (0.80%).
Profitability (Year Ended March 31st, 2024)
Net Profit up by 61.13 % to ₹ 2549 crore for 12 months interval ended on 31st March 2024, over the corresponding interval of final 12 months of ₹ 1582 crore.
Net Interest Income (NII) grew by 10.34 % on Y-o-Y foundation to ₹ 12896 crore for 12 months interval ended on 31st March 24, over corresponding interval of final 12 months of ₹ 11687 crore.
Total Income (Interest Income plus Non-Interest Income) improved to ₹ 35434 crore (19.60 %), for 12 months interval /FY ended on 31st March 24, over corresponding interval of final 12 months from ₹ 29626 crore.
Return on Assets (ROA) improved to 0.63 % for 12 months interval/FY ended on 31st March 24, over corresponding interval of final 12 months of 0.44 %.
Return on Equity (ROE) improved to 9.53% for 12 months interval ended on 31st March 24, over corresponding interval of final 12 months of 6.42 %.
Business Highlights:
Total Business of the Bank, stood at ₹ 636756 crore as on March 31st, 2024 as towards ₹ 577075 crore registering progress of ₹ 59681 crore (10.34%) on Y-o-Y foundation.
Total Deposits up by 7.16 % to ₹ 385011 crore.
Gross Advance elevated by 15.60 % to ₹ 251745 crore on Y-o-Y foundation as towards ₹ 217779 crore for a similar interval of previous 12 months.
RAM (Retail, Agriculture & MSME) enterprise grew by 15.47 %. The particular person sector sensible progress stood at 13.50 % (₹ 71193 crore), 9.39 % (₹ 46063 core) & 24.99% (₹ 49870 crore), respectively, for Retail, Agriculture & MSME.
Business per worker improved to ₹ 19.94 crore, throughout Q4FY24 as towards ₹ 18.45 crore for a similar interval of previous 12 months.
Asset Quality:
Gross NPA improved to 4.50 % with an enchancment of 394 bps, on Y-o-Y foundation.
Net NPA improved to 1.23 % with an enchancment of 54 bps, on Y-o-Y foundation.
Provision Coverage Ratio stood at 93.58 %, with an enchancment of 110 bps, on Y-o-Y foundation.
Capital Adequacy:
Total BASEL III Capital Adequacy Ratio improved to fifteen.08 % (with Common Equity Tier 1 ratio of 12.46 %), as on 31st March 2024, as in comparison with 14.12 % on March 31st 2023, registering an enchancment of 96 bps.
Branch Segmentation:
Bank is having pan India presence with community of 4500 branches with 2938 branches in rural & semi-urban areas (65.29%), 4084 ATMs and 11682 BC Points with whole 20266 Touch Points as on March 31st ’24.
Disclaimer: This press launch serves for informational functions solely and doesn’t represent skilled recommendation. Any reliance on the data supplied is on the reader’s discretion.
ITR Filing 2024: Know what is Form 16 and what information is contained in it
Income Tax Return ITR submitting 2024: It is that point of the yr when ideas shift from on a regular basis duties to paying your taxes for the earlier monetary yr. While most individuals procrastinate and attempt to delay the method as a lot as potential, this is fairly a counterproductive step.
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Ultimately, it’s a must to pay revenue tax and any delay technique won’t work. In reality, those that achieve this are topic to punishment and these days the punishments are heavy and getting worse. And when issues begin going dangerous, it’s arduous to attempt to make a U-turn. So, the earlier you modify to all of the elements concerned, the higher off you can be. To enable you to cope with all this, we clarify many issues right here together with what is Form 16, its components, when is the difficulty date and way more. Check it out now.
Before we transfer forward, crucial factor – salaried people can file revenue tax returns for FY 2023-24 from June, however solely after receiving Form 16, experiences Live Mint. The final date for submitting Income Tax Return (ITR) is 31 July 2024.
What is Form 16? Form 16 is a certificates given as per the Income Tax Act. This exhibits how a lot cash somebody comprised of their job and how a lot tax their employer took from their wage. This ensures that the employer remits the correct quantity of tax to the Income Tax Department. Not doing so is a really severe matter.
In easy phrases, Form 16 is like a report card on your revenue and taxes for a particular yr (often from April to March) and it serves as proof of TDS deducted by the employer. It is divided into two components – 16A and 16B.
These all embrace information corresponding to:
*PAN (Permanent Account Number) of the worker
*Employer’s TAN (Tax Deduction and Collection Account Number)
* wage revenue
* (*16*) below numerous sections of the Income Tax Act
* Tax Deducted at Source (TDS).
*Challan Identification Number in case of fee by means of financial institution
What is the discharge date of Form 16? Employers often give Form 16 to their staff on or earlier than June 15.
What is Form 16A? What does Form 16A imply, what does it imply or what does it embrace? Part-A of Form 16 incorporates information about TDS deducted out of your wage each quarter.
What is Form 16B? Part B of Form 16 is like a further half added to Part A. It exhibits issues like how your wage is divided, any deductions you may declare in your taxes, how a lot tax you’ve already paid, how a lot tax you continue to owe, and every other extras out of your wage. Money you have got earned. Employers create this a part of the shape for his or her staff.
Why must you verify your Form 16 completely?
It is essential to verify your Form 16 if TDS (Tax Deducted at Source) is relevant in your revenue. Here’s a step-by-step information on learn how to verify your Form 16:
First of all, when you obtain Form 16 out of your employer, fastidiously evaluation all of the information offered to make sure its accuracy. It incorporates affirmation particulars like your revenue earned and TDS deducted.
It is essential to fastidiously double-check each element on Form 16, corresponding to your revenue figures and the quantity of tax deducted.
If you discover any inaccuracies or discrepancies in your Form 16, it is suggested to contact the HR of your group as quickly as potential. Notify them of errors and request them to make needed corrections.
Thereafter, the employer will take steps to rectify the errors by submitting a contemporary TDS return with the proper information linked to the suitable PAN (Permanent Account Number). Once the revised TDS return is processed, the corporate will challenge a revised Form 16 to the worker.
Form 16 holds important significance for numerous causes:
Firstly, it serves as concrete proof of the revenue earned by an worker all through the monetary yr, providing a transparent document of their earnings.
Secondly, Form 16 serves as proof of Tax Deducted at Source (TDS) by the employer on behalf of the worker. This is essential to make sure compliance with tax rules and obligations.
Additionally, Form 16 incorporates complete particulars required for submitting Income Tax Return (ITR) precisely. It incorporates essential information like wage revenue, eligible deductions and quantity of TDS deducted, facilitating a clean and correct tax submitting course of.
Moreover, for salaried staff, Form 16 performs an essential function in claiming tax refund. By offering detailed information about their revenue and taxes deducted, it allows staff to precisely assess their tax liabilities and declare any refunds owed to them.
PM Kisan seventeenth installment: These farmers ought to full this work instantly, the seventeenth installment of PM Kisan is coming!
ITR Filing 2024: Know what is Form 16 and what information is contained in it
Income Tax Return ITR submitting 2024: It is that point of the yr when ideas shift from on a regular basis duties to paying your taxes for the earlier monetary yr. While most individuals procrastinate and attempt to delay the method as a lot as potential, this is fairly a counterproductive step.
– Advertisement –
Ultimately, it’s important to pay revenue tax and any delay technique won’t work. In reality, those that achieve this are topic to punishment and these days the punishments are heavy and getting worse. And when issues begin going unhealthy, it’s onerous to attempt to make a U-turn. So, the earlier you regulate to all of the features concerned, the higher off you’ll be. To make it easier to take care of all this, we clarify many issues right here together with what is Form 16, its components, when is the difficulty date and rather more. Check it out now.
Before we transfer forward, a very powerful factor – salaried people can file revenue tax returns for FY 2023-24 from June, however solely after receiving Form 16, stories Live Mint. The final date for submitting Income Tax Return (ITR) is 31 July 2024.
What is Form 16? Form 16 is a certificates given as per the Income Tax Act. This exhibits how a lot cash somebody comprised of their job and how a lot tax their employer took from their wage. This ensures that the employer remits the right amount of tax to the Income Tax Department. Not doing so is a really critical matter.
In easy phrases, Form 16 is like a report card to your revenue and taxes for a selected yr (normally from April to March) and it serves as proof of TDS deducted by the employer. It is divided into two components – 16A and 16B.
These all embrace information corresponding to:
*PAN (Permanent Account Number) of the worker
*Employer’s TAN (Tax Deduction and Collection Account Number)
* wage revenue
* (*16*) underneath numerous sections of the Income Tax Act
* Tax Deducted at Source (TDS).
*Challan Identification Number in case of cost via financial institution
What is the discharge date of Form 16? Employers normally give Form 16 to their staff on or earlier than June 15.
What is Form 16A? What does Form 16A imply, what does it imply or what does it embrace? Part-A of Form 16 comprises information about TDS deducted out of your wage each quarter.
What is Form 16B? Part B of Form 16 is like an extra half added to Part A. It exhibits issues like how your wage is divided, any deductions you’ll be able to declare in your taxes, how a lot tax you’ve already paid, how a lot tax you continue to owe, and some other extras out of your wage. Money you’ve got earned. Employers create this a part of the shape for his or her staff.
Why must you examine your Form 16 totally?
It is vital to examine your Form 16 if TDS (Tax Deducted at Source) is relevant in your revenue. Here’s a step-by-step information on the right way to examine your Form 16:
First of all, when you obtain Form 16 out of your employer, rigorously evaluation all of the information supplied to make sure its accuracy. It comprises affirmation particulars like your revenue earned and TDS deducted.
It is vital to rigorously double-check each element on Form 16, corresponding to your revenue figures and the quantity of tax deducted.
If you discover any inaccuracies or discrepancies in your Form 16, it is suggested to contact the HR of your group as quickly as potential. Notify them of errors and request them to make crucial corrections.
Thereafter, the employer will take steps to rectify the errors by submitting a contemporary TDS return with the right information linked to the suitable PAN (Permanent Account Number). Once the revised TDS return is processed, the corporate will challenge a revised Form 16 to the worker.
Form 16 holds very important significance for numerous causes:
Firstly, it serves as concrete proof of the revenue earned by an worker all through the monetary yr, providing a transparent document of their earnings.
Secondly, Form 16 serves as proof of Tax Deducted at Source (TDS) by the employer on behalf of the worker. This is vital to make sure compliance with tax rules and obligations.
Additionally, Form 16 comprises complete particulars required for submitting Income Tax Return (ITR) precisely. It comprises vital information like wage revenue, eligible deductions and quantity of TDS deducted, facilitating a clean and correct tax submitting course of.
Moreover, for salaried staff, Form 16 performs an vital position in claiming tax refund. By offering detailed information about their revenue and taxes deducted, it permits staff to precisely assess their tax liabilities and declare any refunds owed to them.
PM Kisan seventeenth installment: These farmers ought to full this work instantly, the seventeenth installment of PM Kisan is coming!
Marietta, USA / Mumbai, India – April 30, 2024:Birla Carbon, one of many main producers and suppliers of high-quality carbon-based options, will participate within the American Coatings Show 2024 from April thirtieth to May 2nd at the Indiana Convention Center, Indianapolis, United States. Birla Carbon will exhibit at sales space quantity 1648.
Speaking concerning the participation, John Davidson, Chief Sales & Marketing Officer, Birla Carbon, mentioned, “We are excited to be a part of the American Coatings Show 2024 and showcase our vary of sustainable carbon-based options for the paints and coatings business. The occasion will serve to spotlight Birla Carbon’s intensive choice of Raven, Conductex, Nanocyl, and Continua ™ SCM merchandise, which collectively make us the go-to supply for sustainable carbon-based options for coatings purposes. At Birla Carbon, our purpose is to obtain web zero carbon emissions by 2050, which permits us to reduce our environmental impression, companion with our buyer’s sustainability journey, and at the identical time preserve the identical stage of high quality in our merchandise.”
This yr, Birla Carbon options to be displayed at the occasion embody:
· Continua™ 8510P SCM and 8000 SCM: A scalable and sustainable resolution designed to improve product sustainability and circularity.
· Raven 3500, 5000 Ultra II, and 5100 Ultra sequence spotlight its excellence in high-color blacks, providing superior dispersion and shade efficiency in varied engineering plastics purposes, providing a complete vary of high-performance carbon blacks for plastics.
· Nanocyl model of Multiwall Carbon Nanotubes (MWCNT) by way of NC7000™ for top electrical conductivity in all polymers and PLASTICYL™ excessive conductive thermoplastic MWCNTs.
· The Conductex e vary of options being a key performance-enhancing carbon black additive that offers excessive conductivity and purity whereas enabling producers the formulation flexibility required for quite a lot of lead acid battery purposes.
The American Coatings Show 2024 will assist showcase Birla Carbon’s performance-grade carbon black options whereas selling sustainability and circularity at scale. It can even deliver collectively specialists and professionals from the coatings and paint business to talk about the newest developments, applied sciences, and improvements within the business.
twenty sixth April, 2024; Mumbai, India: Anupama Ramaswamy, Chief Creative Officer, Havas Worldwide India, Ashish Chakravarty, Executive Director, and India Head of Creative, for McCann Worldgroup and Rajdeepak Das, Chief Creative Officer Publicis Groupe, South Asia and Chairman, Leo Burnett, South Asia, be part of asJury Chair for Still Digital class, Audio class, and Film (beneath 1 minute) class respectively, at The Abby Awards 2024 powered by One Show.
Abby Awards 2024 Jury 1
Anupama Ramaswamy, Chief Creative Officer, Havas Worldwide India has been appointed Jury Chair of Abby Awards 2024 powered by One Show within the Still Digital class.
Anupama is touted as one of the crucial celebrated artistic minds within the nation. She has made an indelible mark via her clutter-breaking work, ardour for artwork path and pure play promoting.
Through her profession, she has labored with a number of the main companies in India and several other marquee world and indigenous manufacturers throughout sectors together with Maruti Suzuki, Reckitt, Ikea, Vivo, Paytm, Subway, Tata Tea Digital, Samsung Mobiles, Airtel, Dabur, Lacoste, and plenty of extra.
Her latest campaigns, which embrace the Paytm Divide and Chotu, made her win the One Show, a few Spikes, New York Festivals and he or she was additionally featured as one of many Impact Creative Stars ’21. During her stint at JWT Delhi as senior artistic director, Anupama led the Delhi workplace to its first Cannes Lions and Clio Gold.
She has additionally been a recipient of a number of the most coveted awards together with Cannes Lions, Clio, Adfest, New York Festivals, Abby, Effies, Spikes, Global Healthcare Awards, IAA Awards and The One Show and her work for Fuji Film has been featured within the prestigious Gunn Report as one of many prime 20 most awarded print campaigns on this planet.
Anupama has been on the jury of a number of prestigious awards like The One Show and Spikes Asia and grand jury at AME awards, New York Festivals.
Abby Awards 2024 Jury 2
Ashish Chakravarty Executive Director, and India Head of Creative, for McCann Worldgroup
has been appointed Jury Chair of Abby Awards 2024 powered by One Show in Audio class.
Ashish has labored in many of the main company networks, and on a number of the largest world, and Indian manufacturers.
He is the recipient of greater than 400 nationwide and worldwide awards on prime promoting exhibits like One present, Cannes, D&AD, Clio, Ad-fest, Spikes, Kyoorius, Goafest, amongst others.
Ashish has served as jury or jury chair, at many prime worldwide promoting awards, as nicely as all the highest Indian award exhibits.
Ashish has been acknowledged as one of many prime 10 Creative Directors in India by Economic Times, the main enterprise newspaper, and was additionally ranked among the many prime ECDs on this planet in trade rankings
Abby Awards 2024 Jury 3
Rajdeepak Das, Chief Creative Officer Publicis Groupe, South Asia and Chairman, Leo Burnett, South Asia has been appointed Jury Chair of Abby Awards 2024 powered by One Show in Film (beneath 1 minute)class.
Raj firmly believes that the true potential of creativity and expertise is discovering human centric options for the most important manufacturers, as a result of what’s good for individuals is sweet for manufacturers. And his physique of labor displays his imaginative and prescient for creativity.
Raj was the pressure behind the enduring work for P&G Whisper ‘Touch the Pickle’ – one of many first social motion to interrupt the taboo round intervals within the Indian sub-continent. To his latest work for Whisper – the Missing Chapter which gained him a Grand Prix in Sustainable Development Goals at Cannes Lions 2022 – an award which could be very near his coronary heart as it made an actual distinction within the lives of younger women by breaking interval taboos and getting the chapter on intervals added in class books, serving to 23 million women keep in class.
He and his staff gave each Indian a bit of nationwide treasure, by constructing Bajaj motor bikes out of legendary warship INS Vikrant. In collaboration with India’s largest petroleum model and authorities of India they innovated world’s first anti-collision highway administration system to cut back highway accidents on Himalayan Roads.
For certainly one of India’s largest monetary model he created India’s 1st social media primarily based micro financing system.
Raj was featured within the Netflix Docuseries – Creative Indians Season 4 – a collection which showcased essentially the most proficient Indians from Oscar winners to Bollywood Stars and artists to Grammy Awards profitable musicians. He has led and been part of a number of jury cohorts at a number of the largest platforms together with Cannes Lions, Spikes Asia, Dubai Lynx, One Show to call just a few.
His HumanKind method to creativity had led Leo Burnett India to win a number of Grand Prix’s and metals at prestigious platforms like Cannes Lions, One Show, D&AD and Spikes Asia. But he believes his largest creation until date is Apollo 11 a specialised division of Leo Burnett India, consisting of what he calls ‘the mutant creatives’. Team of younger individuals of their 20’s with backgrounds like aerospace engineering, product designers, knowledge analyst and atmosphere scientists fixing human and model issues with him.
“I’ve all the time believed that an award is as good as its jury. This yr too, the Abby Awards powered by One Show have a stellar line up of each home and worldwide luminaries as Jury Chairs, throughout 23 classes. Over the final 2 years the variety of ladies jurors have been important, and this yr, with over one-thirds being ladies masters of their craft. To win recognition from such revered Jury Chairs is a matter of immense pleasure for the AdClub, the taking part companies and types.” stated Ajay Kakar, Chairperson, Awards Governing Council, Abby Awards 2024 powered by One Show and Managing Committee Member, The Advertising Club.
The Abby Awards 2024 shall be held on the twenty ninth, thirtieth, and thirty first of May throughout Goafest 2024.
The Advertising Club, integrated within the yr 1954, is arguably the most important Advertising Club of its sort on this planet. And in line with many additionally the busiest. It has over 1700 members drawn from media organizations, advertising and marketing firms, promoting companies and allied skilled our bodies. The Advertising Club’s constitution is to assist elevate the skilled requirements of the Indian Advertising Industry. The Club makes an attempt to do that via awards, seminars, coaching workshops and conferences. Some of the foremost awards of Advertising Club embrace: Creative & Media Abby at Goafest, EMVIEs, EFFIEs, MARQUEES and Young Achievers’ Awards in addition to having different fashionable programmes such as D:CODE – Digital Review, Ad Review, Media Review, M.Ad Quiz, Vice & Versa on its annual curler coaster. It publishes a Club journal SOLUS and hosts a complete web site
Bank Holiday in May 2024: Banks will remain closed for so many days in May, check RBI holiday list
List of Bank Holidays in May 2024 There is not any work in the financial institution on Sunday and second-fourth Saturday. Apart from this, banks are additionally closed in many states as a consequence of nationwide and regional festivals. In such a state of affairs, if you will go to the financial institution, then you could check the financial institution holiday list of your metropolis as soon as. RBI has launched the financial institution holiday list for May 2024.
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Bank Holidays in May 2024: The month of May is about to start out. In such a state of affairs, earlier than the start of the month of May, the Reserve Bank of India (RBI) has launched the Bank Holiday List. Actually, second and fourth Saturday of each month together with Sunday are financial institution holidays.
If you might be additionally going to go to the financial institution for some work in May, then it is best to check as soon as whether or not the financial institution is closed in your metropolis.
Banks will remain closed for 14 days According to the financial institution holiday list of RBI, banks will remain closed for a complete of 14 days in May 2024. Banks are going to remain closed in May as a consequence of Maharashtra Day, Lok Sabha elections, Akshaya Tritiya, Buddha Purnima and many others. Let us inform you that financial institution holidays are totally different for all states. Let us know when and in which state banks will remain closed in May.
Bank Holiday List for May 2024 1 May 2024- Banks of Belapur, Bengaluru, Chennai, Guwahati, Hyderabad, Kochi, Kolkata, Mumbai and Nagpur will remain closed on the event of Maharashtra Day and Labor Day.
5 May 2024- On this present day, banks in all cities will remain closed as a consequence of Sunday.
7 May 2024– The third section of Lok Sabha elections is on 7 May. In such a state of affairs, there will be no enterprise in the banks of Ahmedabad, Bhopal, Panaji, and Raipur as a consequence of election voting.
8 May 2024– Bank holiday in Kolkata on the event of the delivery anniversary of Rabindranath Tagore.
10 May 2024– There will be no enterprise in Bengaluru banks on the event of Akshaya Tritiya.
11 May 2024- Due to the second Saturday of May, all of the banks of the nation will remain closed on this present day.
12 May 2024- On this present day, banks in all cities will remain closed as a consequence of Sunday.
13 May 2024- Bank holiday in Srinagar as a consequence of voting for the fourth section of Lok Sabha elections.
16 May 2024- There is a financial institution holiday in Gangtok on the event of State Day.
19 May 2024- On this present day, banks in all cities will remain closed as a consequence of Sunday.
20 May 2024- Banks will remain closed in Belapur, Mumbai as a consequence of voting for the fifth section of Lok Sabha elections.
23 May 2024– On the event of Buddha Purnima, there’s a financial institution holiday in Agartala, Aizawl, Belarpur, Bhopal, Chandigarh, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.
25 May 2024– Banks will remain closed on this present day because of the fourth Saturday of May.
26 May 2024- On this present day, banks in all cities will remain closed as a consequence of Sunday.
Money Rules Changing: These guidelines which straight impression your pocket are altering from subsequent month.
(*10*) exemplifies Abu Dhabi’s imaginative and prescient to turn out to be a high maritime metropolis globally
Abu Dhabi, UAE – 29 April 2024: Marking a important step in maritime prominence, Abu Dhabi has secured its place inside the high 25 of maritime cities worldwide, leaping a formidable 10 locations since 2022, to succeed in place 22, the very best bounce amongst all cities, based on the celebrated 2024 Leading Maritime City (LMC) Report, unveiled in Singapore.
The LMC report, a bi-annual benchmarking research collectively produced by DNV and Menon Economics, assesses the efficiency of fifty main maritime cities throughout key sectors corresponding to delivery, finance and regulation, maritime expertise, and port and logistics. This yr marks the sixth version of the report, offering invaluable insights for maritime administrations, trade stakeholders, and the worldwide maritime group.
Abu Dhabi’s development has been pushed by robust positive factors in the “Attractiveness and Competitiveness” and “Enhancement in Shipping” pillars. It additionally achieved spectacular rankings throughout all different key indicators and scored favourably in phrases of projected development as a main maritime centre of the world, persevering with Abu Dhabi’s rising prominence in the worldwide maritime panorama.
A serious contributor to this success is Abu Dhabi Maritime, established in 2020 through an settlement between AD Ports Group and The Department of Municipalities and Transport to handle the expansion and growth of Abu Dhabi’s maritime area. Abu Dhabi Maritime was dedicated by its devoted efforts to positioning the emirate as a main world maritime hub. This was mirrored in Abu Dhabi getting into the LMC rating for the primary time in 2022, and its excellent ascent in total rating to twenty second right this moment.
AD Ports Group has invested closely throughout a variety of areas which fall below the rating standards. Bolstering business and leisure maritime infrastructure, enhancing digital capabilities and augmenting the maritime regulatory framework, has contributed considerably to this success, as have initiatives such because the launch of Maritime Hub Abu Dhabi, growth of public water transportation networks and sustainability tasks.
Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, stated: “We are delighted to see Abu Dhabi’s outstanding progress recognised in the 2024 Leading Maritime City Report. This achievement serves as a testomony to the forward-thinking method of our clever management, and the dedication and laborious work of Abu Dhabi Maritime alongside the maritime group. It additionally underscores AD Ports Group’s unwavering dedication to continued funding, innovation, and environmental duty in the maritime sector. Through strategic initiatives and collaborative efforts, we’re assured in our efforts to additional elevate Abu Dhabi’s standing as a world maritime hub.”
Benjamin Dineshkar – Head of Maritime Advisory, Middle East and Africa, co- creator of the report, stated: “Abu Dhabi has made probably the most outstanding progress, shifting 10 locations from 32 to 22. Compared to the cities that had been in the highest 50 for each 2022 and 2024, Abu Dhabi has achieved the most important leap among the many cities. This is a results of strategic public insurance policies and constant funding, mirrored in the robust efficiency in many indicators and the general LMC rating. For Abu Dhabi to have solely entered the highest 50 of the Leading Maritime City Report in 2022, that is a great achievement.”
The 2024 Leading Maritime City report provides invaluable insights into the strongholds of right this moment’s world maritime trade, it’s utilized by maritime administrations and trade shareholders to establish enchancment areas for rising the competitiveness and attractiveness of a metropolis. The report can be invaluable to the worldwide maritime group. Through the report, they’ll assess what are the perfect areas for funding, and potential relocation and may get a higher understanding of the provider networks in a explicit location that may assist them, the expertise accessible, enterprise atmosphere and entry to capital funding.
Shweta Uttam, CEO AIC-SEED IISER and Dr. Swati Mujumdar, Pro Chancellor, Symbiosis Skill and Professional University, Dr. Khushboo Bhurat Head IPR, Publications and MoUs,Symbiosis Skill and Professional University, Pune and Dr. Sudhakar Shinde, Registrar Symbiosis Skill and Professional University at the unveiling of IPR policy
PUNE: To promote the role of Intellectual Property in fostering innovation and creativity, Symbiosis Skills and Professional University, Pune celebrated World Intellectual Property Day on 26th April by Unveiling the IPR Policy and filling 26 IPRs and Patents. The program was designed in sync with this year’s theme ‘IP and the SDGs: Building Our Common Future with Innovation and Creativity’ with distinguished speakers, including Pro Chancellor SSPU Dr. Swati Mujumdar, and CEO of AIC-SEED, IISER Pune Ms. Shweta Uttam, who shared their insights on the IPR’s role and significance in a Skill University.
Shweta Uttam, CEO of AIC-SEED IISER shared her thoughts on how IP is connected to entrepreneurship. She said that the road from intellect to property goes through many stepping stones and routes like IPR and entrepreneurship. With 50% of our country’s population below the age of 25 years, universities need to tap the creative potential and support student-led innovation and start-ups.
Dr. Swati Mujumdar, Pro-Chancellor, of Symbiosis Skills, and Professional University, encouraged the students to find solutions to industry problems considering that they are Students of a Skills University. She informed me that the university has set up a large Incubation and Innovation Center to foster, promote, and nurture students’ ideas to convert them into Patents. It is for this purpose that we have created an incubation center where ideas can be debated to come out with innovative products and solutions and college is the right time to do it.
Dr. Khushboo Bhurat Head of IPR, Symbiosis Skills, and Professional University highlighted the importance of student-led Innovations. She informed me that being a Skills University, Students have several innovative ideas and are naturally inclined to start their own companies. The University has created an environment to support and promote such ideas.
World Intellectual Property Day is celebrated every year on the 26th of April and highlights the importance of intellectual property protection and promotes the role of IP in fostering innovation and creativity. This day is an occasion to raise awareness about the need for a balanced approach that takes into consideration the rights of IP holders as well as its role in social well-being and public interest.
The highlight of the event was the unveiling of the University’s IPR policy and the filling of 26 IPRs and Patents on World IPR Day. This includes a complete framework and know-how about any innovation by students or faculty, its protection, implementation, processes, etc. The IPR policy was drafted by a team of legal experts and curated by a team of management and faculty members at Symbiosis Skills and Professional University.
67 inventors including students and staff who have shown their interest in filing IPR in the form of patents, copyrights, or novel designs along with the dignitaries
Additionally, around 67 inventors including students and staff who have shown their interest in filing IPR in the form of patents, copyrights, or novel designs were felicitated on the occasion. The students have shared their content which is in the process of scrutiny and will be followed by filing of IPR.
The occasion was also special as Symbiosis announced that it would be filing 26 copyrights and designs prepared by students across various courses under the mentorship of faculty members. These are mainly in domains like technology, healthcare, and management.
Shweta Uttam, CEO AIC-SEED IISER and Dr. Swati Mujumdar, Pro Chancellor, Symbiosis Skill and Professional University, Dr. Khushboo Bhurat Head IPR, Publications and MoUs,Symbiosis Skill and Professional University, Pune and Dr. Sudhakar Shinde, Registrar Symbiosis Skill and Professional University at the unveiling of IPR policy
PUNE: To promote the role of Intellectual Property in fostering innovation and creativity, Symbiosis Skills and Professional University, Pune celebrated World Intellectual Property Day on 26th April by Unveiling the IPR Policy and filling 26 IPRs and Patents. The program was designed in sync with this year’s theme ‘IP and the SDGs: Building Our Common Future with Innovation and Creativity’ with distinguished speakers, including Pro Chancellor SSPU Dr. Swati Mujumdar, and CEO of AIC-SEED, IISER Pune Ms. Shweta Uttam, who shared their insights on the IPR’s role and significance in a Skill University.
Shweta Uttam, CEO of AIC-SEED IISER shared her thoughts on how IP is connected to entrepreneurship. She said that the road from intellect to property goes through many stepping stones and routes like IPR and entrepreneurship. With 50% of our country’s population below the age of 25 years, universities need to tap the creative potential and support student-led innovation and start-ups.
Dr. Swati Mujumdar, Pro-Chancellor, of Symbiosis Skills, and Professional University, encouraged the students to find solutions to industry problems considering that they are Students of a Skills University. She informed me that the university has set up a large Incubation and Innovation Center to foster, promote, and nurture students’ ideas to convert them into Patents. It is for this purpose that we have created an incubation center where ideas can be debated to come out with innovative products and solutions and college is the right time to do it.
Dr. Khushboo Bhurat Head of IPR, Symbiosis Skills, and Professional University highlighted the importance of student-led Innovations. She informed me that being a Skills University, Students have several innovative ideas and are naturally inclined to start their own companies. The University has created an environment to support and promote such ideas.
World Intellectual Property Day is celebrated every year on the 26th of April and highlights the importance of intellectual property protection and promotes the role of IP in fostering innovation and creativity. This day is an occasion to raise awareness about the need for a balanced approach that takes into consideration the rights of IP holders as well as its role in social well-being and public interest.
The highlight of the event was the unveiling of the University’s IPR policy and the filling of 26 IPRs and Patents on World IPR Day. This includes a complete framework and know-how about any innovation by students or faculty, its protection, implementation, processes, etc. The IPR policy was drafted by a team of legal experts and curated by a team of management and faculty members at Symbiosis Skills and Professional University.
67 inventors including students and staff who have shown their interest in filing IPR in the form of patents, copyrights, or novel designs along with the dignitaries
Additionally, around 67 inventors including students and staff who have shown their interest in filing IPR in the form of patents, copyrights, or novel designs were felicitated on the occasion. The students have shared their content which is in the process of scrutiny and will be followed by filing of IPR.
The occasion was also special as Symbiosis announced that it would be filing 26 copyrights and designs prepared by students across various courses under the mentorship of faculty members. These are mainly in domains like technology, healthcare, and management.
