Latest news with #NewsVoirMumbai
Business Standard
6 hours ago
- Business
- Business Standard
DhanSafal Finserve Limited Reports Strong Retail MSME Lending Growth, achieves 339 percent AUM Growth and Expands Geographical Footprint
NewsVoir Mumbai (Maharashtra) [India], May 31: DhanSafal Finserve Limited, formerly known as Luharuka Media & Infra Limited ("DhanSafal"/ "the Company") today announced its financial and operational results for the financial year ended March 31, 2025, showcasing a strong performance across key growth parameters. The company reported a remarkable 339% year-on-year growth in Assets Under Management (AUM), reaching Rs. 43.43 crore (as on 31.03.2025) from Rs. 9.9 crore (as on 31.03.2024), fueled primarily by robust demand for secured MSME loans. Fresh Loan disbursements totalled Rs. 38.07crore during the year, reinforcing DhanSafal's position as a reliable credit partner for small businesses and emerging entrepreneurs. Retail operations have gained significant traction, leading to the opening of new locations. DhanSafal currently operates from 5 locations across Maharashtra, Madhya Pradesh, and Rajasthan. Strategic investments in infrastructure, digital systems, and skilled personnel have enhanced operational efficiency and customer experience, enabling the company to effectively meet the rising demand for retail and MSME lending. Serving over 300 customers predominantly from the retail MSME segment including small traders, micro-industrialists, service providers, and rural entrepreneurs - DhanSafal is expanding financial inclusion by providing formal credit access to many borrowers. Interest income has more than doubled, supported by a strengthened net worth through capital infusion and retained earnings. The company remains committed to deepening its footprint in semi-urban and rural markets by offering practical loan structures that promote grassroots economic activity and support livelihoods. Looking ahead, DhanSafal aims to disburse Rs. 200 crore in loans and target an AUM exceeding Rs. 250 crore by the end of FY 25-26. "FY2024-25 marked significant progress for DhanSafal, reinforcing our role as a trusted credit partner. We are committed to scaling our impact through disciplined growth, innovation, and unwavering customer focus," said Bobby Singh Chandel, CEO, DhanSafal Finserve Limited. DhanSafal Finserve Limited is a digitally driven, well-diversified financial services company focused on simplifying credit access across India. With a strong presence in the retail loan sector, we offer flexible and competitive lending solutions stailored to individual needs from personal and business loans to income-generating credit. Our mission is to bridge the gap between traditional banking and underserved communities through ethical practices, innovative digital platforms, and a relentless customer-first approach. At DhanSafal, we believe that financial empowerment should be accessible to all because with the right support, success is possible for everyone.
Business Standard
a day ago
- Business
- Business Standard
Real Leather. Stay Different. Chooses Taipei to Host landmark 2025 International Final
NewsVoir Mumbai (Maharashtra) [India], May 30: The Leather & Hide Council of America (LHCA) has selected Taipei, Taiwan, as the host city for the landmark fifth annual Real Leather. Stay Different. (RLSD) International Student Design Competition final, scheduled for October 27-28, 2025. Following celebrated events in London and Milan, the competition now sets its sights on Taipei, underscoring Asia's rising prominence as a global hub for innovation and fashion design. The prestigious final will be hosted at AMBI SPACE ONE, Taiwan's first intelligent, immersive venue, situated within Taipei's iconic Taipei 101 skyscraper - which is also the world's tallest green building. This exceptional location highlights the intersection of technology, creativity, and sustainability at the heart of RLSD's mission. Category winners in Apparel, Footwear, Accessories and People's Choice, alongside the RLSD Taiwan 2025 overall winner, will travel on an all-expenses-paid trip to Taipei. Finalists will present their sustainable leather creations to a distinguished panel of industry experts, including Christopher Koerber (Managing Director, Hugo Boss), Mike Adler (international celebrity stylist), Kora Hsieh (Editor-in-Chief, Harper's BAZAAR Taiwan), Adrien Roberts (International fashion education consultant) and acclaimed fashion influencer Yu Lee. Christopher Koerber, Managing Director at Hugo Boss and a longstanding supporter of RLSD, commented, "Supporting the RLSD competition continues to be deeply rewarding. Bringing the 2025 final to Taipei is especially exciting as it provides an extraordinary platform for nurturing young talent and encouraging designers to embrace sustainable natural materials like leather. This initiative is critical, promoting innovation and environmentally responsible practices that are essential for the future of fashion." Kerry Brozyna, President of the Leather & Hide Council of America, stated, "In just five short years, RLSD has evolved into a globally recognised initiative, successfully advocating for leather as a sustainable alternative to synthetic materials. Hosting the international final in Taipei marks a new chapter, highlighting our ongoing commitment to industry leadership, innovation and the importance of empowering the next generation of designers. This is just the beginning of our vision - a world where sustainable natural materials are the first choice for designers everywhere." Finalists will also benefit from extensive media exposure and the opportunity to feature their designs in the prestigious RLSD Capsule Collection, showcased globally at prominent fashion and sustainability events throughout the year. The competition remains open to current fashion students and graduates from 2023 or 2024. Designs must contain at least 50% cattle hide leather and fall into one of three categories: Apparel, Footwear, or Accessories. Entries close at 11:59 pm (BST), 30 June 2025. Full details and entry submissions: Real Leather. Stay Different. is a global campaign that has reached some 750 million people and hundreds of thousands of students. It makes the case for leather (and other natural materials) and for making the best use of society's waste, particularly the hides that are the by-products of the dairy and meat industries, before looking to the petrochemical industries for manmade materials. Flexible and durable, leather is the natural alternative to fast fashion. Arts Thread is the world's leading digital platform for emerging artists & designers and a launchpad for the next generation of creative talent. Arts Thread has built relationships with over 950 creative institutions connecting to over 400,000 students in approximately 130 countries, partnering with leading brands, organisations, events, media to help launch the next generation of creative talent globally. For further information please visit
Business Standard
a day ago
- Business
- Business Standard
Beyond Chequebooks: SVP India Champions Strategic, Engaged Philanthropy for Social Impact
NewsVoir Mumbai (Maharashtra) [India], May 30: As India's philanthropic landscape matures, a quiet revolution is underway-one that goes far beyond chequebooks and charity events. Social Venture Partners India (SVP India), a network of over 750 compassionate individuals across eight major cities, is reshaping how we give. SVP India's model of 'engaged philanthropy' reflects a deeper, more strategic way of giving: combining financial support with time, expertise and networks to transform grassroots NGOs into high-impact organisations. According to Bain & Company's India Philanthropy Report 2024, India's ultra-high-net-worth individuals (UHNWIs) are becoming more strategic in their giving. But beyond the top tier, even working professionals and mid-level donors are seeking deeper engagement. SVP India reflects this shift. Its members-49% of whom are senior working professionals and 34% business owners-don't just contribute financially. They actively work alongside NGOs to build capacity, improve governance, and enhance operational efficiency. Over the past decade, SVP India's partners have volunteered more than 25,000 hours with over 100 NGOs. The organization's structured process begins with rigorous NGO shortlisting, followed by the careful pairing of a Lead Partner whose professional experience aligns with the NGO's needs. These partnerships typically last for at least three years, allowing for deep collaboration and measurable progress. The result is not just stronger NGOs, but a cadre of philanthropists with firsthand insight into the challenges of the social sector. More than 90% of SVP India partners have stayed on for over five years-a testament to the community's impact and relevance. For NGOs, SVP India offers far more than financial support. Consider a Pune-based organisation working with hearing-impaired children. Despite a strong educational model, they faced scaling challenges. After partnering with SVP India, they were connected with a senior CSR consultant and a social sector strategist. This collaboration helped the NGO expand to a larger facility, secure job placements for students through corporate partnerships, build a robust fundraising network, and amplify awareness of their unique school model. This is not an isolated success. The strength of SVP India lies in its ability to mobilize sector-specific knowledge and networks. Partners have helped NGOs redesign governance frameworks, pitch to institutional funders, establish strategic collaborations, and even join policy advisory boards. The SVP staff-backed by over 180 years of collective social sector experience-curate tailored engagement programs based on partners' interests. Whether in healthcare, women's empowerment, waste management, disability rights, or employment generation, SVP ensures that partner involvement is both strategic and sustainable. A growing trend in Indian philanthropy is "beyond money" giving-volunteerism, pro bono services, and network access. The Hurun India Philanthropy List 2023 notes a 30% rise in non-financial philanthropic contributions by professionals. SVP India is a practical embodiment of this trend. Its ecosystem enables learning, cross-sector collaboration, and long-term partnerships. Many partners continue to support NGOs beyond their initial commitment, often taking up advisory roles or mentorship. For those looking to begin or deepen their philanthropic journey, SVP India offers a tested, thoughtful model. It's a space where giving is not an act of charity, but a strategy for systemic change. It's where seasoned professionals find purpose beyond corporate boardrooms, and where small NGOs gain access to resources typically reserved for large institutions. At a time when India's development challenges are complex and interconnected, SVP India's model of strategic, hands-on philanthropy is not just relevant-it is essential.
Business Standard
a day ago
- Business
- Business Standard
Indian Growth Story Fuelled by IT: Ashish Chauhan, MD and CEO, National Stock Exchange in a Podcast with Kailash Adhikari, MD, Sri Adhikari Brothers
NewsVoir Mumbai (Maharashtra) [India], May 30: NSE (National Stock exchange) managing director and CEO, Ashish Kumar Chauhan has said that India is the IT capital of the world and its growth story is fuelled by technology. "With two crore to three crore IT jobs in India which no one in the world has the capability and expertise for these jobs, today India is the world's IT capacity centre. 2000- 3000 global IT companies have their IT base in India." Chauhan was in a Governance Now podcast with Kailash Adhikari, Managing Director, Sri Adhikari Brothers. In 1994, he said, during the IT (information technology) programming boom NSE set up India's first digital public infrastructure enabling trading through satellite. This brought huge confidence among the Indian public and engineers. Later, during Y2K (Year 2000) many small companies would get their engineers to NSE to showcase India's capabilities and they also bagged big contracts. That was the time of IT dawn when India took a huge leap forward, he added. "Today technology is our fuel and India is the IT capital of the world. Technology has brought biggest shift and change in the world." Watch the full conversation in our latest episode: Today, there are two crore to three crore IT jobs in India and no one in the world has the capability and expertise to do these jobs. India is the world's IT capacity centre with 2000- 3000 global IT companies having their base here. Indian technology companies like TCS today has over 7 lakh employees while Infosys has more than 5 lakh employees, he said. Chauhan iterated that when it comes to technology, it has played a huge role in India's growth story. Today, India is the world leader in Technology. "When it comes to Technology India is the world leader. Technology has played a huge role in India's growth story. A society that adopts IT will progress." While speaking on India's service economy Chauhan said India is a powerhouse of service sector with a well established services sector ecosystem. He said the service sector does not require any inputs unlike the manufacturing sector which is dependent on raw material. Further speaking on India's resilient economy Chauhan explained that India's total exports today stand at $700 - $800 billion with almost the same amount it imports. This he said, includes net services of $200 -$250 billion and $125-$150 billion of remittances. "So our balance of payments is in surplus since last 4-5 years. This is the reason for our strength and abilities as we are frugal and produce high quality work in cost effective manner." "Now with iPhones going to be manufactured in India, servers and electronic chips too will be made in India. Be it Microsoft or Google, they get their AI work done from our people. 80% of Microsoft windows parts are manufactured in India. We have the best and most capable engineers and manpower and we deliver the best practises at affordable rates. Today we have good roads and logistics," he said adding that as many as 1000- 200000 technology experts from 3000 big global companies today are working in India. He further added that as compared to earlier, today the waves of technology are occurring at faster speed and will generate much more wealth in the world in the next 50 years. He termed the coming era of technology as 'Capitalism without Capital' and said technology does not require heavy infusion of capital like manufacturing. Responding to a question on NSE launching SME Exchange and its role in future Chauhan, who is the former MD and CEO of Bombay Stock Exchange said, in 1994, India did not have more than 10 lakh investors, today we have 11 crore investors from Ladakh to Andamans and Nicobar, Arunachal Pradesh to Dibrugarh to Jorhat to Dwarka. Out of 19400 Pin Codes in India, only 28 Pin Codes do not have investors. India's entrepreneurs are the trust and strength of NSE 25% investors are women and every 1 out of 5 households today (11 Cr people) are investing in NSE. He further said that said that any businessman, entrepreneur or industrialist who wants to grow can come to NSE and find their partners in big or small companies. He added that 600 companies that have raised capital in the last 10 years have now entered the main board. 'These companies have earned the trust of investors. Indian's are very hardworking and the world is taking note of that' he said. Chauhan noted that Markets bring transparency in the system and act as disinfectant. "The stock market capital of Rs 3. 80 lakh Cr in 1994, today stands at Rs 4.40 lakh Cr. This never happens in a low per capita income country and here India is an outlier. This is created by the trust that investors have in the transparency of the markets.'' "NSE acts as a catalyst for Indian economy. NSE receives more than Rs 2000Cr worth orders daily within 6 hours. Within 100 microseconds we respond and shares traded are reflected in investors accounts the very next day" said Chauhan, who is also known as the father of modern financial derivatives in India.
Business Standard
a day ago
- Health
- Business Standard
Nourish from Within: Mallika Sherawat Shares Her Holistic Beauty Journey with RediClinic
NewsVoir Mumbai (Maharashtra) [India], May 30: Renowned Bollywood actress Mallika Sherawat has finally unveiled the secret behind her radiant skin and luscious hair, crediting RediClinic's premium Biotin and Glutathione supplements as her go-to wellness duo. In a recent Instagram video that has been trending among beauty enthusiasts, Mallika opens up about her journey toward achieving natural glow and health from within, moving beyond superficial skincare routines. In her recent announcement she says "Beauty isn't just about what you apply on the outside--it's about how you nourish yourself from within," Mallika shared in her candid video. She recalls trying multiple skincare products and diets with limited results, until she discovered the power of RediClinic's supplements. "With pollution, makeup, and bright lights taking a toll on my skin and hair, I wanted something real and effective. That's when I found RediClinic Glutathione and Biotin--both trending and doctor recommended." Mallika's Instagram post showcases her taking the supplements daily, emphasizing the unique blend of 100% Japanese Glutathione and high-quality Biotin, formulated to detoxify, brighten skin, and strengthen hair and nails. "After just 30 days, I noticed a real difference," she says, smiling confidently. "My skin looked healthier, my hair felt stronger, and I trusted RediClinic because they use pure ingredients with no hidden fillers--just real results." Glutathione, a powerful antioxidant, detoxifies the body, supports immunity, and promotes skin repair from inside out. Paired with Biotin, known for enhancing hair and nail strength, RediClinic offers a comprehensive approach to beauty and wellness. These supplements have been featured across various leading media networks, further bolstering consumer trust. RediClinic is a premium Indian wellness brand committed to delivering scientifically-backed, high-quality nutraceutical supplements that enhance overall health and beauty. With a focus on purity, innovation, and customer well-being, RediClinic uses only trusted ingredients such as 100% Japanese Glutathione to ensure effective results without harmful fillers. The brand has quickly become a favorite among health-conscious consumers seeking natural solutions to skin, hair, and immunity challenges. Shop RediClinic's Biotin and Glutathione supplements at Stay updated and join the wellness community by following @rediclinic_official on Instagram.
