Latest news with #MaheshGupta
Time of India
31-07-2025
- Time of India
RTO, police collect ₹71,500 from 27 heavy vehicles
B hubaneswar: Officials of Regional Transport Office (RTO) collected Rs 71,500 from 27 heavy vehicles parked illegally on the Remed Chowk-Bareipali service road on Wednesday. The illegal parking caused traffic congestion and frequent accidents on the road. The RTO staff were accompanied by Bareipali police. On Thursday, the RTO collected an additional Rs 1,55,000 for traffic rule violations across the district, informed additional RTO Kanhucharan Banra. People said the problem worsened with the ongoing construction of the elevated corridor, as buses were diverted to the service road. Mahesh Gupta, a city resident, said, "The heavy vehicles parked on the road are not giving space to vehicles to ply on. Smaller vehicles were finding it difficult to ply on the road with buses diverted. Accidents were a daily affair." Bareipali police said the unauthorized parking caused long delays for commuters. "The heavy vehicles were parking unauthorisedly on the route which caused traffic congestion and people often complained for the long hours they were taking to pass the service road adjacent to NH," an official stated.
Business Standard
24-06-2025
- Business Standard
Kühl Twist L3 Fans: The Perfect Blend of Style and Comfort
VMPL New Delhi [India], June 24: In a bid to redefine home comfort and style, Kühl, a leading brand in home appliances, is proud to introduce its latest creation - the Kühl Twist L3 Fans. Inspired by the science of windmills, these fans are a perfect blend of aerodynamic design, premium finishes, and innovative technology, making them a must-have for modern homes. A Harmonious Fusion of Art and Science The Kühl Twist L3 Fans boast twisted blades with integrated downlights, providing high airflow while adding a touch of sophistication to any room. The fans' aerodynamic design ensures efficient air circulation, making them perfect for both summer and winter use. In reverse mode, they efficiently circulate warm air, keeping homes cozy during the colder months. Smart Features for Easy Control The Kühl Twist L3 Fans come equipped with smart features, allowing users to control them via remote, smartphone, Wi-Fi/IoT, or Alexa. This convenience enables homeowners to adjust fan settings from anywhere, ensuring optimal comfort and energy efficiency. Energy Efficiency and Low Noise Operation The Kühl Twist L3 Fans feature BLDC technology, which provides low noise operation and energy efficiency. With a 5-star rating and low power consumption of just 30 watts, these fans are an eco-friendly choice for homeowners. Customization Available in three stylish colors - Brown, White, and Teak - the Kühl Twist L3 Fans can be easily matched to any home decor. The fans' sleek design and premium finishes make them a stylish addition to any room. "The Kühl Twist L3 Fans are a testament to our commitment to innovation and customer satisfaction. With their unique design, smart features, and energy efficiency, these fans are set to revolutionize the way we experience home comfort. We believe that our customers will appreciate the convenience, style, and performance of these fans, making them a must-have for modern homes," says Dr. Mahesh Gupta, CMD, Kent RO. Availability The Kühl Twist L3 Fans are now available for purchase online and in-store at leading retailers. For more information, please visit our website or contact our customer support team. (
Time of India
24-06-2025
- Business
- Time of India
IIT-K celebrates 58th convocation
1 2 3 4 5 6 Kanpur: The Indian Institute of Technology Kanpur (IIT-Kanpur) celebrated its 58th Convocation Ceremony on its campus on Monday. The ceremony was graced by Sanjay Malhotra, Governor of the Reserve Bank of India and a distinguished alumnus of IIT Kanpur, as the chief guest. Chairman, board of governors, IIT-K Dr Mahesh Gupta presided over the ceremony along with director of the institute prof Manindra Agrawal. Held over two sessions, the convocation commenced with awarding of medals and degrees to the meritorious students. Later, in the second session degrees were conferred by departmental faculty. Sanjay Malhotra, who completed his BTech in Computer Science and Engineering from IIT-K in 1989, reflected on his return to his alma mater with pride and humility. Addressing the graduating batch, he said, "It is a privilege to return to IIT-Kanpur after 36 years. Walking through the same corridors, reflecting on memories with my batchmates from 1985, and seeing the brilliance of today's students fills me with deep pride and nostalgia. To all the graduating students and awardees, my heartfelt congratulations." Prof Agrawal congratulated the students, saying, "The technology space is undergoing an exciting transition, giving rise to great opportunities for new discoveries and applications of relevance to the world in general and India in particular. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo I am sure that with your abilities and training, you will have a significant role to play in this transition. I wish you all the best for your future endeavours. May you find success, joy, and prosperity in life. Stay in touch!" Dr Mahesh Gupta extended his best wishes to the students and encouraged them to uphold IIT Kanpur's values of ethical leadership and lifelong learning. This year's graduating cohort included 269 PhD recipients, 29 from the MTech-PhD Joint Degree Programme, 2 from the MDes-PhD Joint Degree, 2 from the MS (by Research)-PhD Joint Degree, 480 MTech graduates, 874 BTech, 204 BS, 194 MSc (2-year), 145 MBA, 20 MDes, 83 MS (by Research), 40 from PGPEX-VLFM, 26 Double Major, 93 Dual Degree, 26 MS-PD, and 361 students from the eMasters programme. Additionally, 192 students graduated with one minor, 90 with two minors, 30 with three minors, 3 with four minors, and one student with an exceptional five minors. The President's Gold Medal was awarded to Talin Gupta from the Computer Science and Engineering dept, Director's Gold Medal for 4-year UG programme was given to Dhruv Misra from Electrical Engineering, and the Director's Gold Medal for 5-year UG programme was awarded to Kalash Talati from Physics dept. The Ratan Swarup Memorial Prize was conferred upon Varun Tokas from Computer Science and Engineering dept. The Dr Shankar Dayal Sharma Medal was awarded to Abhishek Kumar Yadav from the Department of Chemistry. In addition to these top honours, 21 students were awarded the Outstanding PhD Thesis Award for their exceptional research contributions across departments including Aerospace Engineering, Biosciences and Bioengineering, Civil Engineering, Chemistry, Electrical Engineering, Humanities and Social Sciences, Economics, Environmental Science, Mechanical Engineering, Mathematics, and Physics. Continuing its ceremonial tradition, the convocation followed a traditional dress code. Male students wore cream-coloured kurtas with white pyjamas, while female students donned cream kurtas with white churidars or leggings, or sarees.
Hans India
12-06-2025
- Business
- Hans India
Kent RO gets SEBI nod for IPO, DRHP shows mixed financial performance over years
Mumbai: Kent RO Systems, a water purifier company, has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). While this marks an important milestone for the company, its financials tell a mixed story with some concerns. Kent RO's latest financial data reveals a strong profit jump in FY24, but this comes after a sharp fall in the previous fiscal (FY23). The company had posted a profit of Rs 166.5 crore for the year ended March 31, 2024, compared to Rs 97.1 crore in FY23. While this is a big jump of around 71 per cent, it's important to note that the profit had dropped by over 37 per cent in FY23 from Rs 154.2 crore in FY22. The company's total expenses also rose by 6.42 per cent year-on-year (YoY), from Rs 976.9 crore in FY23 to Rs 1,039.6 crore in FY24. According to the DRHP, the company reported revenue from operations of Rs 1,178.1 crore for the FY24, compared to Rs 1,084.3 crore in the previous financial year. This marks a growth of around 8.65 per cent YoY. Total income for FY24 stood at Rs 1,260.6 crore, up from Rs 1,109.1 crore in FY23 -- an increase of 13.65 per cent. Meanwhile, for the six-month period ending September 30, 2024, Kent RO reported revenue from operations at Rs 637.1 crore and total income at Rs 684 crore. During the same period, the company recorded expenses of Rs 594.6 crore and a profit of Rs 69.6 crore, as per the DRHP paper. The IPO, which is a pure offer for sale (OFS), will see 10.1 million shares offloaded by promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta. Since it is not a fresh issue, the company itself will not receive any funds from this public offering. The draft paper was filed with SEBI on January 23, and the approval came on June 6. The IPO price band has not been disclosed yet. JM Financial and Motilal Oswal Investment Advisors will act as the book-running lead managers, while KFin Technologies is the registrar to the issue.
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Business Standard
10-06-2025
- Business
- Business Standard
Kent RO, 3 others get Sebi nod for IPOs: Here's all you need to know
Upcoming IPOs: Four companies, including Kent RO Systems, Karamtara Engineering, Vidya Wires and Mangal Electrical Wires, have received approval from the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). These companies are collectively expected to raise around ₹2,500 crore through their public issues. The companies filed their draft papers with the market regulator in January 2025. Here are the key details you should know: Kent RO Systems The water purifier company has received Sebi's nod for a book-built IPO comprising an offer for sale (OFS) of 10.1 million shares by promoters Sunita Gupta, Mahesh Gupta, and Varun Gupta. The company will not receive any proceeds from the offer. Kfin Technologies is the registrar of the issue. JM Financial and Motilal Oswal Investment Advisors are the book-running lead managers of the issue. Karamtara Engineering Services The plans to raise ₹1,750 crore through a combination of fresh issues worth ₹1,350 crore and an offer for sale (OFS) worth ₹400 crore. MUFG Intime India, formerly Link Intime, is the registrar of the issue. JM Financial, ICICI Securities, and IIFL Capital Services are the book-running lead managers. According to the draft red herring prospectus (DRHP), the company plans to use ₹1,050 crore from the net fresh issue proceeds for prepayment, repayment and/or payment to its lenders towards borrowings and Acceptances, in part or full. Karamtara Engineering is a backward-integrated manufacturer of products for renewable energy and transmission line sectors. The company has a diverse product portfolio including structures and fasteners in the solar energy and transmission sectors, and overhead transmission line (OHTL) hardware fittings and accessories. Mangal Electrical The Rajasthan-based transformer and electrical equipment manufacturer aims to raise ₹450 crore through an IPO. The IPO, with a face value of ₹10, is entirely a fresh issue of shares up to ₹450 crore with no offer-for-sale component. According to the DRHP, from the net issue proceeds, ₹96.03 crore will be used for repayment/ prepayment, in full or in part, of certain outstanding borrowings, ₹120 crore for expanding the facility at Unit IV situated Reengus, Sikar District, Rajasthan and civil works at its existing head office, Jaipur, Rajasthan to optimise space usage and increase storage capacity, and ₹122 crore for funding working capital requirements. The remaining funds will be used for general corporate purposes. Mangal Electrical Industries is in the business of processer of transformer components, including transformer lamination, CRGO slit coils, amorphous cores, coil assemblies and core assemblies, wound core, toroidal core, and oil-immersed circuit breakers. The company has five production facilities in Rajasthan with an aggregate production capacity of 16,200 MT for CRGO, 7,50,000 KVA for transformers, 75,000 units for ICB and 2,400 MT for Amorphous units per annum. Vidya Wires The copper and aluminium wires company plans to raise ₹320 crore through a fresh issue and an OFS for 10 million shares. MUFG Intime India, Link Intime, is the registrar for the issue. Pantomath Capital Advisors and IDBI Capital Market Services are the book-running lead managers of the Vidya Wires IPO. Incorporated in 1981, Vidya Wires manufactures winding and conductivity products for various industries, including precision-engineered wires, copper strips, conductors, busbars, specialized winding wires, PV ribbons, and aluminium paper-covered strips. The company has expanded its manufacturing capacity to 19,680 MT per annum and plans to increase it to 37,680 MT per annum with an additional 18,000 MTPA units in Narsanda, Gujarat.
