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  • Transport Corporation of India Ltd. Announces Results for Q2 and H1 FY'23

    • Company’s standalone income Growth over H1: 23%

    • Net revenue development at standalone over H1: 14.5%

    India’s main built-in provide chain and logistics options supplier, Transport Corporation of India Ltd., introduced its monetary outcomes at the moment for the Q2 and H1 FY’23.

    Standalone

    Performance Highlights: H1 FY2023 vs. H1 FY2022

    • Revenue from operations of Rs. 1658 Crores, development of 23% y-o-y

    • EBITDA of Rs. 214 Crores in comparison with Rs. 186 Crores in H1 FY2022

    • EBITDA margin at 12.92% in comparison with 13.82% in H1 FY2022

    • PAT of Rs. 134 Crores in comparison with Rs. 117 Cores in H1 FY2022

    Consolidated

    Performance Highlights: H1 FY2023 vs. H1 FY2022

    • Revenue from operations of Rs. 1836 Crores, development of 21% y-o-y

    • EBITDA of Rs. 236 Crores in comparison with Rs. 198 Crores in H1 FY2022

    • EBITDA margin at 12.86% in comparison with 13.02% in H1 FY2022

    • PAT of Rs. 151 Crores in comparison with Rs. 124 Cores in H1 FY2022

    Commenting on the outcome, Mr. Vineet Agarwal, Managing Director TCI acknowledged, “In Q2 & HY FY23, the corporate demonstrated constant efficiency. Focus on core enterprise fundamentals coupled with rising demand within the vehicle and consumption sectors enabled all enterprise segments to ship passable outcomes regardless of inflationary stress.”

    The firm stays uniquely positioned in tapping excessive development segments by way of its intensive multimodal community, personalized service choices, investments in proper expertise and automation.

    Further, the launch of the National Logistics Policy together with earlier introduced PM Gati Shakti framework could be instrumental for a push in direction of seamless multimodal transportation and fashionable connectivity, elevated digitization and standardization to make our nation’s logistics environment friendly and aggressive. TCI continues to speculate strongly on all these themes for sturdy development through the years.

    About Group TCI
    Group TCI, with revenues of over Rs. 5000 Cr. is Indias main built-in provide chain and logistics options supplier. TCI Group with experience developed over 6 a long time has an intensive community of firm owned workplaces, 13 mn. sq. ft. of warehousing area and a powerful workforce of educated workers. With its customer-centric method, world class sources, state-of-the-art expertise and skilled administration, the group follows sturdy company governance and is dedicated to worth creation for its stakeholders and social tasks. TCI was the primary to launch a number of options within the logistics subject. Its product providing consists of:

    TCI Freight: India’s main floor transport entity. This division is totally geared up to supply complete transport options for cargo of any dimension or product section. It transports cargo on FTL (Full truck load) / LTL (Less than truck load) / Small packages and consignments / Over Dimensional cargo.

    TCI Seaways: TCI Seaways is nicely geared up with six ships in its fleet and caters to the coastal cargo necessities for transporting containers and bulk cargo. Being the pioneers in multimodal coastal transport and container cargo motion and transportation companies, TCI Seaways connects India with its western, jap, and southern ports.

    TCI Supply Chain Solutions: TCI SCS is a single window enabler of built-in provide chain options proper from conceptualization and designing the logistics community to precise implementation. The core service choices are Supply Chain Consultancy, Inbound Logistics, Warehousing / Distribution Centre Management & Outbound Logistics.

    TCI Chemical Logistics Solutions: A subdivision of TCI which supplies storage of chemical compounds – liquid, dry and gases in compliant warehouses and motion in ISO tank containers, gasoline tankers and flexi tanks by Rail, Road and Coastal.

    TCI Cold Chain Solutions Ltd.: Integrated chilly chain service supplier to fulfill the wants of temperature-controlled warehousing and distribution companies. The facility caters to the wants of varied industries similar to agriculture merchandise, processed meals, life sciences, healthcare, specialty chemical compounds, amongst others.

    TCI CONCOR Multimodal Solutions Pvt. Ltd.: An end-to-end multimodal logistics options supplier, it’s a three way partnership between TCI and Concor. This section synergises the strengths, infrastructure and capabilities of TCI Group with rail infrastructure of Concor. It establishes a cheap built-in rail-road service.

    Transystem: Complete logistics answer supplier from inbound to outbound logistics. Transystem is a logistics companion for Toyota Kirloskar and different Japanese corporations in India. It includes Completely Built Units (CBUs) and spare components administration, warehousing and distribution.

    TCI Express Ltd.: A number one specific distribution specialist that gives a single window door-to-door & time particular answer for clients’ specific necessities. It serves throughout 40,000 areas in India and 202 nations overseas.

    TCI Developers Ltd.: It undertakes growth of giant fashionable Warehouses, Logistics Parks and so on.


    TCI Foundation: As the group’s social arm, TCIF fulfils company social duty and runs charitable hospitals and faculties for the under-privileged within the rural areas. It has additionally collaborated with the Bill & Melinda Gates Foundation & National Aids Control Organization to run packages on AIDS interventions and schooling among the many weak trucking neighborhood.

  • Vodafone Idea announces Further Public Offer of Rs. 18,000 crores

    The Board of Directors (“Board”) of the Company, at its assembly held on April 11, 2024 accepted Further Public Offering (FPO) of Equity Shares, aggregating as much as ₹ 18,000 crore. The Capital Raising Committee in its assembly held at the moment i.e. April 12, 2024 accepted the worth band for the FPO issuance.

    The greater finish of the worth band i.e. Rs. 11 is at a reduction of ~26% in comparison with lately accepted preferential challenge worth to the promoter entity at Rs. 14.87 and a reduction of ~15% in comparison with final closing worth of Rs. 12.95.


    Mansi Praharaj

  • Lax.com Announces Acquisition Of Industry Competitor Universal Lacrosse

    Combination of two of the world’s main lacrosse ecommerce locations helps to reinforce the game and units the stage for development

    Lax.com

     

    Norwalk, CT April 12, 2024 – Lax.com, the main lacrosse e-retailer and staff supplier introduced a considerable enlargement of their scope within the market, buying one in all its chief opponents, Universal Lacrosse. The acquisition makes Lax.com the most important ecommerce (Lax.com and Universallacrosse.com) and staff supplier devoted strictly to the game of lacrosse. Lax.com will even be buying Universal’s 10 retail shops.

    “This transfer places Lax.com in an incredible place to scale the enterprise. The addition of John Flanagan and his staff gives the added expertise to launch Lax.com into an thrilling new chapter” acknowledged John Arrix, CEO of Lax.com. “As we unite these two corporations, we’re poised to harness the unparalleled experience of our lacrosse staff gross sales drive, and we are going to elevate the bar for customer support excellence within the trade. Our unwavering dedication to seamless relationships with our valued clients will drive a change of the Lax.com on-line platform, bolstered by synergies with Universallacrosse.com and our array of digital properties,” continued Arrix.

    John Flanagan, CEO and Founder of Universal, acknowledged, “We are excited for the longer term. The strategic positioning of Universal Lacrosse shops will stay instrumental in servicing important lacrosse communities, strengthening Lax.com’s omnipresence from on-line to staff to retail and guaranteeing that clients can have interaction with us on their very own phrases. This complete method underscores our dedication to assembly various shopper wants and preferences.”

    Looking forward to the rest of 2024 and past, Lax.com’s development trajectory shall be guided by the collective efforts of the veteran groups, united beneath a shared imaginative and prescient of success. Together, the platform can capitalize on synergies, innovate relentlessly, and propel our mixed group to new apexes of accomplishment throughout the lacrosse market. Universal’s 10 retails shops will proceed beneath the Universal title. Lax.com and Universal will proceed to run separate ecommerce platforms. Universal’s staff gross sales division will transfer beneath Lax.com.

    Additional particulars on the brand new mixed enterprise shall be obtainable within the coming weeks.


    Rekha Nair

  • Muthoot FinCorp Limited announces XVI Tranche IV series of N

    Trivandrum, April eleventh 2024: Muthoot FinCorp Limited (MFL or “Company”) the flagship firm of 137-year-old Muthoot Pappachan Group (Muthoot Blue) has introduced XVI Tranche IV series of secured, redeemable, non-convertible debentures (“NCDs”) to boost an quantity aggregating to ₹360 crore which is throughout the shelf restrict of ₹1100 crore. The tranche IV issuance quantities to ₹100 crore with a inexperienced shoe possibility of ₹260 crore aggregating as much as ₹360 crore (“Tranche IV Issue”). The Tranche IV Issue with a face worth of ₹1000 has been open to public from 10th April 2024 until 25th April 2024 topic to an early closure as could also be accredited by our Board of Directors or a duly constituted committee thereof of the Company, and topic to related approvals, in accordance with the Regulation 33A of the Securities and Exchange Board of India (Issue And Listing Of Non-Convertible Securities) Regulations, 2021.

    The NCDs below the Tranche IV Issue are being supplied with maturity/tenure choices of 26 months, 38 months, 60 months, 72 months and 94 months with month-to-month, annual, and cumulative cost choices throughout completely different schemes – I, II, III, IV, V, VI, VII, VIII, IX, X, XI, XII and XIII from which the purchasers can conveniently select. Effective yield (every year) for the NCD holders in all classes of buyers ranges from 8.90 p.c to 10 p.c. The secured NCDs issued below Tranche IV have been rated at AA-/ Stable by CRISIL and is proposed to be listed on the debt market section of BSE. The funds will likely be used for onward lending, financing, and for compensation/ prepayment of curiosity and principal of present borrowings of our Company and for the final company functions.

    “Our earlier series obtained optimistic response, and we hope to proceed the momentum for this situation too. Customers can select from the 13 completely different choices on this Tranche and might make investments via the 3600+ branches of MFL or by way of our cellular app Muthoot FinCorp ONE (upto Rs. 5lakhs). With the AA-/ Stable ranking by CRISIL coupled with engaging rates of interest and a number of tenure choices we’re targeted on offering our buyers with an acceptable avenue to diversify their funding portfolio,” mentioned Shaji Varghese, CEO – Muthoot FinCorp Limited.


    Mansi Praharaj

  • NMIMS School of Commerce Announces Cutting-Edge BBA Pro

    NMIMS School of Commerce Announces Cutting-Edge BBA Programme in FinTechMumbai, 09th April 2024: India stands as one of the fastest-growing FinTech markets globally backed by elements like widespread digital adoption and authorities initiatives like India Stack and Jan Dhan Yojana. As a response to the rising demand for expert professionals in India’s quickly rising FinTech sector, SVKM’s NMIMS Anil Surendra Modi School of Commerce (ASMSOC) has introduced the launch of its BBA (FinTech). The programme is about to start within the tutorial yr 2024-25.

    The programme aims are designed to supply college students with a complete training which is able to embrace enterprise administration ideas and cutting-edge applied sciences within the monetary area. Students will acquire experience in areas akin to Blockchain, Data Analytics, Artificial Intelligence, and Payment Platforms to arrange them to easily traverse the complexities of the monetary sector.

    A multifaceted pedagogical strategy can have college students interact in classroom studying, coding and programming language periods, and technical ability growth in ASMSOC’s state-of-the-art Data Lab. Moreover, they may get publicity to the trade by means of visitor speaker periods, case research discussions, and analysis initiatives to boost their sensible understanding of FinTech.

    The BBA (FinTech) programme affords each a 3-year diploma and a 4-year honours diploma to supply college students with flexibility and in-depth specialization alternatives. An consumption of solely 60 college students will guarantee a personalised studying expertise and particular person consideration to every scholar.

    ASMSOC’s BBA (FinTech) program displays the varsity’s dedication to delivering high-quality training and assembly the evolving wants of the trade. With professional college, cutting-edge infrastructure, and a strategic location in Mumbai, the monetary capital and FinTech hub, ASMSOC is poised to groom the following era of FinTech leaders.

    Admission Process:

    • Candidates should obtain a minimal combination of 50% marks in 10 + 2 or equal examination, with Mathematics or Statistics as a compulsory topic, to be eligible for admission.
    • Applicants are required to seem for the NMIMS-NPAT examination, and their advantage place is set based mostly on the full rating obtained within the examination.
    • The closing choice for admission to the BBA (FinTech) programme relies on the candidate’s advantage place within the NMIMS-NPAT examination.

    Deadline: – May 20, 2024

  • Arvind Limited announces His Highness Dr. Lakshyaraj Singh M

    Arvind Limited announces His Highness Dr. Lakshyaraj Singh Mewar of Udaipur as Brand Ambassador for Primanté Luxury FabricsAhmedabad, April 04th, 2024: Arvind Limited, an built-in options supplier in textiles with robust fiber-to-fashion capabilities for a worldwide and home buyer base, proudly announces a strategic collaboration with His Highness, Dr Lakshyaraj Singh Mewar of Udaipur, because the model ambassador for Primanté, its premium suiting & shirting model.

    Maharaj Kumar Sahib Dr. Lakshyaraj Singh Ji Mewar of Udaipur is a outstanding particular person with various abilities and achievements. His endeavors span throughout philanthropy, training, sports activities patronage, enterprise management, charming TED talks, and a formidable array of Guinness World Records. Since his youth, he has devoted himself tirelessly to public service, championing noble causes with unwavering ardour and selflessness.

    “I’m honored to collaborate with Arvind because the model ambassador for Primanté Luxury Fabrics’, mentioned His Highness Dr Lakshyaraj Singh Mewar of Udaipur. “This partnership not solely represents a union of heritage and innovation but in addition signifies our collective dedication to elevating the requirements of luxurious and class within the realm of trend. Together, we embark on a journey to encourage a life-style that embodies timeless class and refinement.”

    “We are happy to welcome Dr Lakshyaraj Singh Mewar of Udaipur to the Primanté household,” mentioned, Mr. Kulin Lalbhai, Executive Director, Arvind Ltd. “His affiliation with our model not solely reinforces our dedication to excellence but in addition units the stage for thrilling collaborations and improvements within the luxurious trend area.”

    Primanté stands because the epitome of sophistication, with materials comparable to Australian Merino wool with Italian design to create beautiful suiting materials and Egyptian Giza and Supima Cotton Shirting. From Super 120s to Super 200s, Primanté’s big selection showcases a fusion of tremendous rely materials with blends together with Silk, Mohair, Lycra, Linen, and progressive Poly filaments. Primanté choices prolong past go well with materials it additionally contains tweed jackets, enterprise coats, and shirting, all crafted to the best international requirements of product improvement and high quality management. The Primanté assortment is on the market in any respect “The Arvind Stores” and Multi-Brand Outlets.

    This collaboration marks a major milestone in Primanté‘s journey, positioning it firmly within the elite class of luxurious materials. As the corporate continues to innovate and push the boundaries of textile expertise, it’s dedicated to bringing forth a spread of Italian-inspired Designs that redefine luxurious and class.

    Together with Dr Lakshyaraj Singh Mewar of Udaipur, Primanté embarks on a journey to encourage a life-style of luxurious and refinement. Stay tuned as we unveil a collection of ground-breaking initiatives that redefine the artwork of dressing within the trendy period.


    Mansi Praharaj

  • Nai Subah Foundation Announces Second Edition of 'Advaita' Exhibition Celebrating Neurodiversity

    Nai Subah Foundation, a pioneering youth led social startup devoted to empowering neurodiverse people, is thrilled to announce its second annual bodily artwork exhibition, “Advaita” on the event of World Autism Day.

    Nai Subah Foundation publicizes Second Edition of Advaita

    Following the resounding success of final years exhibition, “Advaita” returns to showcase the distinctive skills of neurodiverse artists. The exhibition will happen from April twenty sixth to April twenty eighth, 2024, at ArtSastra Gallery, Safdarjung Enclave, New Delhi.

    The second version of “Advaita” goals to offer a platform to neurodiverse artists, whose distinctive views and inventive expressions typically stay underrepresented in mainstream society. Nai Subah Foundation, which works tirelessly to catalyse constructive societal transformations, has recognized artwork as a strong medium for expression, empowerment, and self-actualization of the neurodiverse. After the sell-out exhibition in 2023, the exhibition this yr will showcase the creativity of 26 neurodiverse artists, from the ages of 10 to 45, with over 100 artworks on show and sale over the three days.

    Tarini Malhotra, Founder of Nai Subah Foundation, expressed her pleasure for the upcoming occasion, stating, “After the super success of final years exhibition, we’re thrilled to announce the return of Advaita. This yr, we purpose to additional amplify the contribution of our neurodiverse artists to the humanities. Through our art-based tasks, we purpose to develop means to a good and sustainable livelihood for our gifted artists.“

    Mr. Vipul Saini, artwork curator of “Advaita” and proprietor of ArtSastra stated, “Each particular person possesses a novel lens by means of which they interpret and categorical their experiences. Advaita celebrates the sweetness of range, inviting audiences to embrace the profound insights provided by neurodiverse artists, whose views typically reveal hidden truths and the magical.“

    The Nai Subah Foundation, champions inclusivity and equal alternatives for neurodiverse people by eradicating hurdles to their employment and revenue technology. Through partnerships with companies and the institution of sustainable profession paths, these organizations purpose to foster a fairer and extra inclusive society. The Advaita exhibition affords a transformative journey, showcasing the inventive prowess of neurodiverse skills.

  • Formula One owner Liberty Media announces MotoGP takeover 

    Liberty Media acquires MotoGP
    Formula One owner Liberty Media acquires MotoGP. Photo Courtesy: Unsplash

    Formula One’s US-based owner Liberty Media on Monday introduced it has agreed to accumulate Dorna Sports, S.L., the unique industrial rights holder to the MotoGP World Championship, from Bridgepoint and Canada Pension Plan Investment Board.

    “MotoGP can be attributed to Liberty Media’s Formula One Group monitoring inventory,” Liberty Media mentioned in a press release.

    MotoGP is the top of bike racing and options breathtaking races with prime speeds above 360 kilometers per hour (223 miles per hour) and lean angles of over 60 levels.

    From its first season in 1949 that staged six rounds throughout Europe, MotoGP has grown considerably and can host 21 races throughout 17 international locations for the 2024 season.

    The enterprise advantages from a pretty monetary profile with diversified and contracted income streams, excessive EBITDA margins and low capital depth leading to important free money move.

    Carmelo Ezpeleta, CEO of Dorna since 1994, will proceed to run the enterprise headquartered in Madrid.

    “We are thrilled to broaden our portfolio of main dwell sports activities and leisure property with the acquisition of MotoGP,” mentioned Greg Maffei, Liberty Media President and CEO. “MotoGP is a worldwide league with a loyal, enthusiastic fan base, fascinating racing and a extremely money move generative monetary profile. Carmelo and his administration staff have constructed an important sporting spectacle that we are able to broaden to a wider world viewers. The enterprise has important upside, and we intend to develop the game for MotoGP followers, groups, industrial companions and our shareholders.”

    “This is the right subsequent step within the evolution of MotoGP, and we’re excited for what this milestone brings to Dorna, the MotoGP paddock and racing followers,” mentioned Carmelo Ezpeleta, CEO of Dorna. “We are pleased with the worldwide sport we’ve grown, and this transaction is a testomony to the worth of the game at this time and its development potential. Liberty has an unimaginable observe report in growing sports activities property and we couldn’t want for a greater accomplice to broaden MotoGP’s fanbase all over the world.”

    Liberty Media will purchase 86 % of MotoGP with MotoGP administration retaining roughly 14 % of their fairness within the enterprise.

    The transaction displays an enterprise worth for MotoGP of €4.2 billion and an fairness worth of €3.5 billion with the present debt stability at MotoGP anticipated to stay in place after shut.

    The fairness consideration to sellers is predicted to be comprised of roughly 65 % money, 21 % in shares of Series C Liberty Formula One widespread inventory (Nasdaq: FWONK) and 14 % of retained MotoGP administration fairness.

    The money consideration can be funded with a mixture of money and debt, topic to market circumstances.

    The FWONK share consideration can be priced on a 20-day quantity weighted common value previous to transaction shut.

    Liberty Media retains an possibility at its sole discretion to ship extra money in lieu of FWONK widespread inventory.

    The acquisition is predicted to be accomplished by year-end 2024 and is topic to the receipt of clearances and approvals by competitors and overseas funding legislation authorities in varied jurisdictions.

    Goldman Sachs & Co. LLC is appearing as monetary advisor to Liberty Media and is offering dedicated debt financing for the transaction, and O’Melveny & Myers LLP is appearing as authorized counsel. Moelis & Company LLC is appearing as monetary advisor to Dorna, and Latham & Watkins LLP is appearing as authorized counsel.

  • NJ MED Announces 2024 Annual Education Rankings

    Ireland extends post-study rules for Indian students who have been studying online

    New York, NY, April 1, 2024 — NJ MED, a Special Consultative Status member of the United Nations Economic and Social Council (ECOSOC), is proud to unveil its twelfth annual training rankings for the yr 2024. This prestigious listing highlights the highest 20 training techniques from across the globe, showcasing excellence and innovation within the subject of training.

    For the primary time in historical past, the United States of America has secured the highest place in NJ MED’s rankings for 2024. This vital achievement displays the nation’s dedication to educational excellence and its pioneering efforts in embracing new applied sciences and developments in STEM training.

    Below are the ultimate rankings for the yr 2024, primarily based on NJ MED’s complete evaluation:

    2024 First Quarter Rankings:

    1. United States
    2. South Korea
    3. Sweden
    4. Germany
    5. China
    6. Denmark
    7. Netherlands
    8. Japan
    9. Finland
    10. United Kingdom
    11. Ireland
    12. Slovenia
    13. Taiwan
    14. France
    15. Belgium
    16. Australia
    17. Norway
    18. Canada
    19. Iceland
    20. Spain

    Albert Mitchell, CEO and Founder of NJ MED, commented on this historic achievement, stating, “This represents America’s first try to complete first, with new know-how and the rising development in STEM training.” Mitchell’s remarks underscore the pivotal function of revolutionary approaches and technological developments in shaping the way forward for training.

    As a part of its partnership with the United Nations Sustainable Development Goals training mission (SDG4) to “Ensure inclusive and equitable high quality training and promote lifelong studying alternatives for all.” NJ MED stays dedicated to selling world training initiatives and fostering collaboration amongst nations to boost instructional outcomes worldwide.

    For extra data, please go to their web site at World Top 20 Project.

  • Skoda Auto India announces the next leg of the Name Your Sko

    Mumbai, March 29, 2024: Škoda Auto India has already ushered in the New Era with the announcement of the all-new compact SUV. Taking a stride additional into the New Era with consumer engagement and involvement, the firm has additionally introduced ‘Name Your Škoda’, a marketing campaign the place members contribute to what the identify of Škoda’s all-new compact SUV might be.

    Speaking at the announcement, Petr Janeba, Brand Director, Škoda Auto India, mentioned: “India is driving progress for Škoda Auto globally. The key enablers of this thus far have been the first merchandise particularly developed for India – the Kushaq and the Slavia. These vehicles, aside from being constructed on an India-specific platform, have additionally been named conserving legacy, heritage and tradition in thoughts. Kushaq, for example, is from the Sanskrit phrase for an emperor. Slavia is the identify of Škoda’s first ever product, a bicycle. The naming course of of a automotive is vital for us. With ‘Name Your Škoda’ we wish to prolong this custom to our upcoming all-new SUV and need the folks, prospects and followers to be concerned in the naming course of of their new automotive. We look ahead to folks throughout India embracing our new member of the family, which is domestically developed, domestically engineered and domestically manufactured.”

    The initiative

    ‘Name Your Škoda’ is a marketing campaign that allows the involvement and engagement of customers, prospects and the Fans of Škoda in selecting the identify for a automotive that may hit the roads in 2025. This is a step additional in Škoda Auto India’s endeavour for listening to folks, followers and prospects.

    An endeavour that started with the MQB-A0-IN platform – that’s developed with a concentrate on security (developed with a 5 star Global NCAP ranking in thoughts), on affordable price of possession (together with insurance coverage) whereas retaining the Škoda DNA of design, agility and dynamics –and Škoda Auto India’s buyer touchpoint enlargement to be nearer and extra accessible to prospects.

    The naming custom

    It is a practice going again to the firm’s first ever full-fledged 7-seater luxurious 4×4, the Kodiaq, in 2017. The identify displays the qualities of each, the Kodiak bear and the Kodiak Archipelago to the south of Alaska, USA that it inhabits. The nomenclature is a mirrored image of the magnificence, grandeur and toughness of each the bear and the terrain it calls residence. The Škoda Kushaq takes this legacy ahead and the all-new compact SUV, that may make its world debut in India in March 2025, will even comply with Škoda’s SUV household naming custom.

    The next leg – Polling contest

    Through ‘Name Your Škoda’, members have steered names for the compact SUV that begins with the letter ‘Okay’ and ends with the letter ‘Q’ with one or two syllables. The marketing campaign resulted in over 1,30,000 names with shut to twenty,000 distinctive names.

    In the next leg, members can go to the marketing campaign microsite, nameyourskoda.com and solid votes for the shortlisted names and in addition counsel new ones if not finished already. Participants can even share their favorite identify with #NameYourSkoda on Facebook, Instagram or X (previously Twitter) channels.

    The winner of this naming contest stands the alternative of proudly owning this all-new Škoda compact SUV – being one of the first house owners when it hits roads in the first half of 2025. Another 10 winners will get to go to Škoda Auto in Mlada Boleslav together with the very spectacular Škoda Museum, and in addition a tour of Prague, one of the most engaging cities in Europe.

    The next leg of the marketing campaign begins from March 28, 2024 and runs until April 12, 2024. The ‘Name Your Škoda’ goals at inculcating a way of pleasure and belonging amongst members every time they see this all-new SUV on the roads after its world debut in India.

    The Jury

    The jury for this marketing campaign includes of –

    Martin Jahn – Member of the Board of Management for Sales & Marketing, Škoda Auto

    Piyush Arora – Managing Director and CEO, Škoda Auto Volkswagen India

    Jan Bures – Executive Director, Sales, Marketing and Digital, Škoda Auto Volkswagen India

    Petr Janeba – Brand Director, Škoda Auto India

    The automotive

    The all-new compact SUV is Škoda Auto India’s first ever foray into the compact SUV section. This SUV relies on the MQB-A0-IN platform, the similar as the one of the Kushaq SUV and the Slavia sedan. The MQB-A0-IN was particularly developed for India by groups in India and the Czech Republic with an eye fixed on versatility, security, dynamics whereas focussing on localisation, low upkeep prices and a hassle-free possession expertise.

    The Kushaq SUV debuted in India and the world in July 2021 and the Slavia sedan in March 2022. Since then, these two India-developed vehicles have taken Škoda Auto India to witness its greatest 12 months in gross sales and take the shortest time to attain the landmark of over 100,000 vehicles offered. The all-new compact SUV might be the third all-new, India-specific product developed by Škoda Auto India.


    Mansi Praharaj