Monday, 31 October 2022

Audience favourite Fight For My Way to telecast on Zee Café for the second time

 

Mumbai, 31st October 2022: K Dramas have created a huge influence on the teenagers of India and the fandom has grown immensely throughout the years. The audience appreciates the shows for its catchy stories, emotional journeys, beautifully scripted scenes, and exciting piece of drama. Zee Café is known to bring to the audience exactly what they love. Keeping the fandom in mind, the channel introduced Hallyu Nights, a property that brings beloved K- Dramas for the audience. The channel has previously telecasted Fight For My Way for the viewers and is bringing it back on popular demand! So, what are you waiting for? Go catch your favourite show starting from 2nd November at 12:30 pmMonday-Friday only on Zee Café.

Starring Park Seo-Joon, Kim Ji-Won and Jae-hong, the drama revolves around Ahn Ko Dong Man, a high school Taekwondo champion who is now pursuing a career in the UFC, and Choi Ae Ra, a dynamic girl whose desire is to become a famous announcer. They have been best friends since childhood but now, they have to confront the change in their feelings towards each other as well as overcome difficulties to make their dreams come true. Will they be able to survive being with each other?

Watch ‘Fight For My Way’ on Zee Café from 2nd November from Monday to Friday at 12:30 pm to follow their journey

MENTAL HEALTH to be covered under HEALTH INSURANCE - Quote on Behalf of Dr. Neerja Birla, Founder and Chairperson of Mpower

 

Dr. Neerja Birla, Founder and Chairperson of Mpower- "We welcome the move announced by the Insurance Regulatory and Development Authority- IRDA, announcing all insurance products to cover mental illness and comply with the provisions of the MHC Act, 2017 without any deviation before October 31st. This is a progressive step to tackle the pandemic on mental health and this move will push people to seek support for mental health more willingly, encouraging patients to be more optimistic about their treatment options. A communicable disease (NCD), mental health, is the largest contributor to economic loss in India and is also known as a silent killer; its real impact on health is enormous. In the current scenario of spate of suicides and mental depression, prompt intervention and accurate diagnosis are crucial. We at Mpower in our earlier years recognized the need and importance of insurance cover for mental health treatment and collaborated with the Aditya Birla Health Insurance to offer the benefits of insurance cover for mental health thus benefiting many people. We are very optimistic that this move will create awareness and access for mental health services to a larger audience in need of mental health support and congratulate IRDA again for giving mental health the recognition and importance it requires, similar to that of maintaining physical health"

Rocket Gang arrives in Chandigarh! The cool gang 'Rocket Gang' execute another stunning promotional activity


A stunning show at Chandigarh! Rocket Gang executes another extraordinary promotional activity
or
The cast of 'Rocket Gang' arrives at Chandigarh to execute another unique promotional activity.
Bosco Leslie Martis-directed Rocket Gang is just around the corner and the makers are indeed at their creative best. Be it the social media dance challenge that went viral or the recent reveal of Ranbir Kapoor's cameo in the film, the makers are setting the anticipation quite high!
The cool gang arrived in Chandigarh at India's largest trampoline park to give a live glimpse of their awesomeness with a stunning performance. With a massive crowd of spectators, the whole event turned into one huge ambience of energy. Giving a treat to the children in the city, the gang then arrived at the DAV Model School, Chandigarh to amaze the little ones with a cool performance.
The gang made its final tour to Chandigarh's famous Pal Dhaba to get a taste of the most unique flavours of the city.
A unique attempt by the filmmakers to promote the film, the cast's special appearance in Chandigarh counted to be another out-of-the-box promotion that succeeded to win the fans' hearts!
On the Chandigarh promotions, director of the film, Bosco Martis said - "Chandigarh city has the most loving people. Our arrival in the city was so warmly received. We had a great time promoting in Chandigarh. I hope they love the film."
"I really had the most amazing time in Chandigarh. The love, hospitality and excitement people showed to our arrival was very heartwarming. The encouraging reception has just added to my excitement and I look forward to the release of the film" - said Aditya Seal, lead actor of the film.
Ace choreographer and dancer Bosco Leslie Martis' directorial debut 'Rocket Gang' is a Dance Horror-Comedy starring Aditya Seal in the lead along with Nikita Dutta and the most adorable and talented child artists from a variety of popular dance reality shows.
The film looks absolutely fun-filled and interesting and is a one-of-a-kind genre. The fresh narrative and storyline involve Horror, dance and Comedy. Rocket Gang hits theatres on November 11, 2022, and is the perfect treat for children's day.

Saturday, 29 October 2022

Prateek Kuhad successfully kickstarts the India leg of ‘The Way That Lovers Do’ Tour leaving thousands of Mumbaikars mesmerized

 BookMyShow, India’s leading entertainment destination.

Mumbai had another reason to keep the festive cheer going with Prateek Kuhad successfully kickstarting the India leg of ‘The Way That Lovers Do’ World Tour, produced and presented by BookMyShowIndia’s leading entertainment destination.

In Prateek Kuhad’s first live performance in Mumbai (and India) post-pandemic, at the massive Jio World Gardens, Bandra-Kurla Complex (BKC), thousands of fans across a diverse mix of age groups were seen locked into Prateek’s performance, connecting with his music and enjoying the vibe of the concert in a trance.

The Prateek Kuhad ‘The Way That Lovers Do’ Tour in Mumbai saw a fabulous audience response, with hands swaying in the air as Prateek performed his hot new favourite tracks such as ‘Just A Word’ and ‘Favourite Peeps’ along with his evergreen radio hits including ‘cold/mess’ and ‘Kasoor’.

Raising the bar for live entertainment production, BookMyShow transported the audience into a world of love with a soulful visual experience complimenting the critically acclaimed singer-songwriter’s relatable and beautiful music. The stage aesthetics were minimal, contemporary yet spellbinding much like Kuhad’s signature style.

Youth sensations Munawar Faruqui, Santanu Hazarika and content creators such as Rhea Gurnani, Aashna Shah, Tarini Shah, Anahita Karanjia, Jiggar Thakkar were also spotted at the Prateek Kuhad ‘The Way That Lovers Do’ Tour kick-off in Mumbai today.

The tour follows the release of Kuhad’s latest 11-track studio album ‘The Way That Lovers Do’ that released in May 2022 via Elektra Records and spoke about human love, friendship, and connectivity.

Best known for his intimate song writing, earnest lyricism and experimental flare, the 32-year-old global breakout star is touring on home turf after a hiatus of one and a half years. After a wholesome and enthralling show in Mumbai, Prateek is set to perform in Pune today, October 30th for at Liberty Square, Phoenix Marketcity, for a completely sold-out show.

Sharing the post-event photos for your easy reference; you can access the high-res images here.  In case you wish to feature them on your page, it would be great if you/your team could mention that they were seen at Prateek Kuhad's 'The Way That Lovers Do' Tour in Mumbai in your story/post.

The Quarry Season Of Love

Marble is one of the most versatile and durable stones. For the first time ever in India and probably the world, The Quarry launches perfectly paired marble, granite, and onyx. The all-new collection is called: The Quarry Season Of Love.

Everything The Quarry does, they do it with love and care, including precision and quality control at every step. With their extensive knowledge about these quintessential and rare stones, The Quarry are curators of luxury through Italian craftsmanship. The Quarry rigorously maintains a consistent standard of 20mm/ 2cm thickness and an unmatched level of service with The Quarry Projects team of installation experts.

The Quarry Season of Love gives you a variety of options to choose from like the rare Sodalite — which is perfected by mother nature over millions of years to the exquisite Laas Authentico -– a collection of the finest white marble hand-picked from the village of Laas Italy. The charm and exclusivity of each of the paired two-of-a-kind natural stones, cut and polished will leave you awestruck and spellbound. They are equipped with the latest technology, state-of-the-art materials and international techniques to bring your vision into a reality.

The Quarry has created pairs unique and inspiring that it makes everyone go ‘wow’. It showcases exotic, unique and handpicked stones from the best quarries across 31 countries like Spain, Brazil, France and so many more. The Quarry curators would be delighted to invite you on a personalized visit to The Quarry Gallery and The Quarry CO: LAB.

 

Visit https://www.quarry.asia/ and schedule an appointment today on +91 99305 44444

Spruce up your ICC Men's T20 World Cup screening with ViewSonic Monitors and Projectors


The much-awaited nail-biting cricket season is on the hook. Apart from being a popular sport, Cricket is an emotion and religion that binds people together. The thrill and excitement continue with the commencement of the ICC Men's T20 World Cup. The season calls for get-togethers with family, friends, and siblings to enjoy the love for Cricket.
As we are set to watch India play live against South Africa on Sunday, 29th October, let's add more fun to your viewing experience this weekend with ViewSonic projectors and monitors. Here are some of ViewSonic’s top tech-enabled and user-friendly gizmos for binge-watching this T20 World Cup.
ViewSonic X1000- 4K+ Soundbar LED Projector
The excitement of watching your favourite ‘Men-in-Blue’  on a big screen is unmatched. With the ViewSonic X1000- 4K+ Soundbar LED Projector, revamps your living room into a stadium with its 40W Harman Kardon-designed soundbar, your match will be highly enthralled giving you more excitement for each ball.  One of the key features the product brings is its aesthetically pleasing design that compliments the home decor. The X1000-4K+produces a breath-taking 100" image and gives a true 4K UHD resolution providing an exceptional visual experience of every single hit. Enjoy the immersive viewing experience with family and friends.
Price INR 3,95,000

VX3276-MHD-3 Entertainment Monitor

And it's a sixer!! Watch your favourite cricketer hit a century on the VX3276-MHD-3 Entertainment Monitor. Comes with a sleek and minimal design, it is a perfect blend of style and performance with features that include a sizable 32” (31.5'' viewable) Full HD display, 1080p resolution and IPS-type panel technology. In addition, the premium monitor is equipped with speakers to enjoy the world cup.

Price INR 25,200

ViewSonic M2e Projector

Binge-watch and enjoy the screening of world cup T20, with the ViewSonic M2e LED portable projector, anytime, anywhere. The projector is enabled with Time-of-Flight (ToF) technology to achieve quick autofocus and display Full HD images. This further, transforms your living room into the live cricket action. The projector has easy connectivity and inbuilt Harman Kardon speakers for a wholesome cricket feel. This World Cup don’t miss out on a single game and set up the portable projector for immediate enjoyment at home or outdoors.

Price INR 85,000

VA2732-MH Monitor

Enjoy the nail-biting face-offs with wider-viewing angles and clear images of the ViewSonic VA2732-MH monitor. The full HD monitor offers a seamless viewing experience with increased setup flexibility when connecting with other devices. Equipped with eye care technology, the monitor help eliminates eye strain caused by long hours of binge-watching the game.

Price INR 34,999

About ViewSonic:

Founded in California, ViewSonic is a leading global provider of visual solutions with a presence in over 100 cities around the world. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that includes monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers “See the Difference”. To find out more about ViewSonic, please visit www.viewsonic.com. Follow #ViewSonicIndia #ViewSonic



Wuling Air EV to welcome Delegates to Travel in the official EV At G20 Summit

 The Wuling Air EV will welcome Delegates to Travel in the official EV At G20 Summit in Bali, Indonesia.

The car will be MG’s first smart city electric car in India, and will also be the official vehicle for COP 27 at Egypt in Nov.. 

Friday, 28 October 2022

PUBLIC HOLIDAY

SBI Card PAT Grows 52% YoY to ₹526 Cr in Q2 FY23 Vs ₹345 Cr for Q2 FY22

 SBI Cards and Payment Services Limited

Financial Results for the Quarter and Half Year Ended September 30, 2022 

Kolkata, 27 October 2022: The Board of Directors of SBI Cards and Payment Services Limited approved the Company’s results for the quarter and half year ended September 30, 2022, at their meeting held on Thursday, October 27, 2022.

Performance Highlights Q2 FY23 

  • Total Revenue increases 28% YoY to ₹3,453 Cr 
  • ROAA at 5.4% for Q2 FY23 vs. 4.9% for Q2 FY22 
  • ROAE at 24.1% for Q2 FY23 vs.  20.1% for Q2 FY22 
  • Capital Adequacy Ratio at 23.2%; Tier 1 at 20.2% 

Key Metrics 

  • New accounts volume at 1,295K accounts for Q2 FY23 up by 36% vs. 953K accounts for Q2 FY22 
  • Cards-In-Force grew by 18% to 1.48 Cr as of Q2 FY23 vs 1.25 Cr as of Q2 FY22 
  • Spends grew by 43% at ₹62,306 Cr for Q2 FY23 vs ₹43,560 Cr for Q2 FY22 
  • Market share H1 FY23 (available till Sep’22) – Cards-In-Force at 19.1% (FY22: 18.7%). Spends at 18.0% for H1 FY23 (FY22: 19.2%)  
  • Receivables grew by 41% to ₹37,730 Cr as of Q2 FY23 vs ₹26,741 Cr as of Q2 FY22 
  • GNPA at 2.14% as of Q2 FY23 vs 3.36% as of Q2 FY22; NNPA at 0.78% as of Q2 FY23 vs 0.91% as of Q2 FY22 

 

Profit & Loss Account for the Quarter ended September 30, 2022 

  • Total income at ₹3,453 Cr for Q2 FY23 vs ₹2,696 Cr for Q2 FY22. This movement was a result of the following key factors: 
    • Interest income increased by ₹311 Cr to ₹1,484 Cr for Q2 FY23 vs ₹1,173 Cr for Q2 FY22 
    • Income from fees and services increased by ₹367 Cr to ₹1,611 Cr for Q2 FY23 vs ₹ 1,244 Cr for Q2 FY22 
    • Other income increased by ₹37 Cr to ₹156 Cr for Q2 FY23 vs ₹119 Cr for Q2 FY22. 
  • Finance costs increased by ₹114 Cr to ₹368 Cr for Q2 FY23 from ₹254 Cr for Q2 FY22. 
  • Total Operating cost increased by 33% at ₹1,834 Cr for Q2 FY23 from ₹1,383 Cr for Q2 FY22.  
  • Earnings before credit costs increased by 18% at ₹1,252 Cr for Q2 FY23 vs ₹1,058 Cr for Q2 FY22 
  • Impairment losses & bad debts expenses decreased by 8% at ₹546 Cr for Q2 FY23 vs ₹594 Cr for Q2 FY22 
  • Profit before tax increased by ₹242 Cr or 52% to ₹706 Cr for Q2 FY23 vs ₹464 Cr for Q2 FY22. 
  • Profit after tax increased by ₹181 Cr or 52% to ₹526 Cr for Q2 FY23 vs ₹345 Cr for Q2 FY22.  

Profit & Loss Account for the half year ended September 30, 2022  

  • Total revenue increased by ₹ 1,570 Cr or 31% to ₹ 6,716 Cr for H1 FY23 vs ₹ 5,146 Cr for H1 FY22.  
  • Finance costs increased by ₹ 193 Cr or 40% to ₹ 676 Cr for H1 FY23 from ₹ 483 Cr for H1 FY22.  
  • Total Operating cost at ₹ 3,497 Cr for H1 FY23 from ₹ 2,550 Cr for H1 FY22, increase is primarily due to higher business volumes.  
  • Earnings before credit cost at ₹ 2,543 Cr for H1 FY23 from ₹ 2,114 Cr for H1 FY22.  
  • Impairment losses & bad debts expenses for the period at ₹ 996 Cr for H1 FY23 vs ₹ 1,239 Cr for H1 FY22.  
  • Resultant Profit Before Tax at ₹ 1,547 Cr for H1 FY23 vs ₹874 Cr for H1 FY22.  
  • Profit After Tax increased by ₹ 503 Cr or 77% to ₹ 1,153 Cr for H1 FY23 vs ₹ 650 Cr for H1 FY22. 

Balance Sheet as of September 30, 2022 

  • Total Balance Sheet size as of September 30, 2022 was ₹41,581 Cr as against ₹34,648 Cr as of March 31, 2022. 
  • Total Gross Advances (Credit card receivables) as of September 30, 2022 were ₹37,730 Cr, as against ₹31,281 Cr as of March 31, 2022.  
  • Net worth as of September 30, 2022 was ₹8,991 Cr as against ₹7,824 Cr as of March 31, 2022. 

Asset Quality 

The Gross non-performing assets were at 2.14% of gross advances as on September 30, 2022 as against 3.36% as on September 30, 2021. Net non-performing assets were at 0.78% as against 0.91% as on September 30, 2021.  

Capital Adequacy 

 

As per the capital adequacy norms issued by the RBI, Company’s capital to risk ratio consisting of tier I and tier II capital should not be less than 15% of its aggregate risk weighted assets on - balance sheet and of risk adjusted value of off-balance sheet items. As of September 30, 2022, Company’s CRAR was 23.2% compared to 25.0% as of September 30, 2021. 

The tier I capital in respect of an NBFC-ND-SI, at any point of time, cannot be less than 10%. Company’s Tier I capital was 20.2% as of September 30, 2022 compared to 21.8% as of September 30, 2021. 

Rating 

 

CRISIL Long Term          -              AAA/Stable 

CRISIL Short Term        -              A1+ 

ICRA Long Term            -              AAA/Stable 

ICRA Short Term           -              A1+ 

 

Summary Profit and Loss Statement (Rs Cr) 

 

Description 

 Q2 FY22  

 Q1 FY23  

 Q2 FY23  

 QoQ  

 YoY  

Interest Income 

         1,173  

         1,387  

         1,484  

7% 

27% 

Others  

         1,403  

         1,713  

         1,813  

6% 

29% 

Total Revenue from operations 

         2,576  

         3,100  

         3,297  

6% 

28% 

Total Other Income 

            119  

            163  

            156  

-4% 

31% 

Total Income 

         2,695  

         3,263  

         3,453  

6% 

28% 

Finance costs 

            254  

            308  

            368  

19% 

45% 

Operating Costs 

         1,383  

         1,663  

         1,834  

10% 

33% 

Earnings before credit costs 

         1,058  

         1,291  

         1,252  

-3% 

18% 

Impairment losses & bad debts 

            594  

            450  

            546  

21% 

-8% 

Profit before tax 

            464  

            841  

            706  

-16% 

52% 

Profit after tax 

            345  

            627  

            526  

-16% 

52% 

 

Summary Balance Sheet (Rs Cr) 

 

Description 

Mar'22 

Sep'22 

Assets 

  

  

Advances (Net) 

30,187 

36,500 

Cash & Bank Balances 

1,106 

1,036 

Investments 

1,297 

1,810 

Other Financial Assets 

382 

494 

Total non-financial Assets 

1,676 

1,742 

Total Assets 

34,648 

41,581 

  

 

 

Liabilities and Equity 

 

 

Total Equity 

7,753 

8,919 

Borrowings 

22,982 

28,186 

Other financial liabilities  

2,700 

3,147 

Total non-financial liabilities  

1,213 

1,329 

Total liabilities and equity 

34,648 

41,581