Latest news with #Ranjan
Business Standard
21-07-2025
- Business
- Business Standard
SafeHaven Appoints Indian-Origin Rishi Ranjan as CMO With ₹16.7 Crore Package and Equity Grant
VMPL New Delhi [India], July 21: SafeHaven has appointed Indian-origin technologist and Marketing strategist Rishi Ranjan as its Chief Marketing Officer (CMO) in July 2025. SafeHaven, a sister company of Precision Group which is a major player in the global digital finance ecosystem, is known for its secure infrastructure and Digital asset innovation, attracting retail investors, institutional clients, and developers seeking a trustworthy gateway to digital assets. SafeHaven has appointed Indian-Origin Rishi Ranjan as CMO, with a compensation package of INR 16.7 crore and 3.91% equity grant. This move follows SafeHaven's recent $50 million funding round, led by a New York-based venture capital firm, which boosted the company's valuation and readiness for global market penetration. The appointment signals the company's intent to invest heavily in leadership. SafeHaven CEO Tyler Wittman has welcomed Rishi Ranjan to the team, citing his global expertise in growth strategy, product storytelling, and AI-led marketing as the ideal candidate for leading the company's next phase of adoption. Ranjan's appointment has been met with excitement from employees across various departments, including product, design, compliance, and community, who described his onboarding call as a masterclass in marketing vision. SafeHaven, based in New York, aims to enhance transparency, security, and regulatory alignment in the digital asset ecosystem. The company is pursuing SEC ATS licensing and FinCEN Money Services Business registration to establish credibility with regulators. The exchange, powered by its utility token $SHE, offers unique platform features, including subscription-based trading tiers, DAO governance, secure vaulting, asset management, and access to decentralised yield products. SafeHaven, with over 80 global contributors, plans to launch a Q3 2025 platform with over 1 million users in the first 12 months. Its robust infrastructure and regulatory-first approach are attracting interest from fintech institutions, and high-net-worth individuals. "I'm honored to join a team that's not just building tech-but redefining trust and accessibility in global finance," said Ranjan in his first public statement since the appointment. "We're creating a platform where transparency, compliance, and user experience are not competing ideas-but part of the same vision." He also hinted at new marketing campaigns and content initiatives that will position SafeHaven as a thought leader in the digital economy-educating users, influencing policy dialogue, and driving industry partnerships. SafeHaven is set to scale operations, finalize compliance milestones, and roll out new product features in the coming months. Key updates include the beta launch of a trading platform for early access users, new wallet integrations and fiat onramps, global ambassador and community incentive programs, and strategic partnerships with protocols and asset managers. SafeHaven is positioning itself as a next-generation digital exchange that combines traditional finance with user-first design and compliance-led architecture. As CMO, Rishi Ranjan will lead the brand evolution, global market strategy, content, and community engagement, serving as a public-facing voice in the company's mission to rebuild trust in digital finance.
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Business Standard
19-07-2025
- Business
- Business Standard
Union Bank Q1 net up 11.9% at Rs 4,116 crore driven by lower provisions
Public sector lender Union Bank of India reported a 11.9 per cent year-on-year (Y-o-Y) increase in net profit to Rs 4,116 crore in the first quarter of the financial year 2025-26 (Q1FY26), aided by lower provisions for stressed loans. Net interest Income declined by 3.18 per cent Y-o-Y to Rs 9,113 crore in Q1FY26, compared to Rs 9,412 crore in Q1FY25. Net interest margin (NIM) moderated by 29 basis points to 2.76 per cent in Q1FY26 from 3.05 per cent in Q1FY25. Nitesh Rajan, executive director, Union Bank said the moderation in margin is a reflection of cut in lending rates on floating rate loans after RBI reduced policy repo rates. The overall impact on NIM is expected to be 20-25 basis points in the current financial year (FY26) and there will be some moderation in the second quarter ending September 2025, Ranjan said in the post-result media conference. He, however, did not give any guidance for FY26 NIM level. The bank's non-interest income declined by 0.52 per cent Y-o-Y to Rs 4,486 crore in Q1FY26. Provisions for non-performing assets (NPAs) declined to Rs 1,152 crore in Q1FY26 from Rs 1,651 crore in Q1FY25. Advances grew by 6.83 per cent Y-o-Y to Rs 9.74 trillion in Q1FY26. Retail advances grew by 17.65 per cent Y-o-Y to Rs 1.44 trillion in the June quarter of FY26. The corporate credit grew by three per cent. Total deposits increased 3.63 per cent Y-o-Y to 12.39 trillion. The share of low-cost deposits—current account and savings account (CASA)— in domestic operations moderated to 32.52 per cent at the end of June 2025 from 33.4 per cent a year ago. The bank's asset quality improved, with gross NPAs declining to 3.52 per cent in June 2025 from 4.54 per cent in the same period last year. Net NPAs also declined from 0.62 per cent in June 2024 to 0.90 per cent in June 2025. The provision coverage ratio (PCR), including written-off accounts, stood at 94.65 per cent in June this year, as against 93.49 per cent in June 2024. The bank's capital adequacy stood at 18.30 per cent, with Tier-I capital at 17.02 per cent at the end of the quarter. Although the bank has board approval for an equity offering of Rs 3,000 crore, there are no firm plans for capital raising at present.
India Gazette
08-07-2025
- Business
- India Gazette
Maharashtra's Ranjan Kabra tops CA Final Exam with 86 per cent, credits father as inspiration
Chhatrapati Sambhajinagar (Maharashtra) [India], July 8 (ANI): Ranjan Kabra from Maharashtra's Chhatrapati Sambhajinagar district has secured All India Rank 1 in the Chartered Accountant (CA) Final Examination. Speaking to ANI, Ranjan expressed his happiness and said it was a proud moment for his family. 'I am very happy. This is a proud moment for my family. It is a huge thing to have secured Rank 1. My father is the inspiration behind it,' he said. His father, Manoj Kabra, was equally elated. 'It is a moment of great joy today. Everyone is very happy that he has secured Rank 1. We are getting calls from family members, friends and industry colleagues. He took inspiration to do CA from me, but his mother guided him on how to go about his studies,' he told ANI. The Institute of Chartered Accountants of India (ICAI) announced the results for the CA Foundation, Intermediate and Final Examinations 2025 on Saturday. Along with the results, the institute also released the list of top rank holders in every category. In the CA Final exams, Ranjan Kabra emerged as the All India Rank 1 (AIR 1) holder, securing 516 marks out of 600, securing a total of 86%. The complete list of CA Final May 2025 toppers includes- Rajan Kabra (AIR-1), Nishtha Bothra (AIR-2) and Manav Rakesh Shah (AIR-3). As per the ICAI data, in this session, a total of 14,247 candidates qualified as Chartered Accountants. Meanwhile, in May 2025, a total of 29,286 students appeared for both the groups of CA Final Examination, out of which 5,490 candidates passed. 66,943 candidates appeared only for Group 1 out of which 14,979 students (22.38%) passed the exams. 46,173 candidates appeared for Group 2 CA Final exams in May 2025, out of which 12,204 students (26.43%) passed the exams. The CA Final exams were held between May 16 and May 24 for group 1 and group 2 papers, results for which were out on July 6. (ANI)
Time of India
06-07-2025
- Time of India
Adulterated sweets seized from mela
Ranchi: Food safety department on Saturday seized adulterated food items, including sweets and chickpeas, from temporary food stalls at the ongoing Jagannathpur Rath Mela. Ranchi food safety officer (FSO) Subir Ranjan on Sunday said that he led a team to examine the quality of sweets and other food products being sold at the fair. The team conducted on-the-spot tests on 96 food samples collected from various sweet shops and makeshift food stalls at the venue, using a mobile food testing laboratory. "The team found 24 kg of sweets in one shop prepared using non-edible food colours. In addition, seven kilograms of chickpeas from three chaat stalls were also found contaminated with non-permitted colouring agents. All the adulterated food items were destroyed on the spot," Ranjan said. The sweet makers hail from West Bengal's Purulia. "The makers were served notices and directed to adhere to food safety norms without fail," the FSO added. Ranjan emphasised that the department is planning to introduce specific guidelines for temporary stall owners, who come from other states to participate in the fair each year.
Hindustan Times
03-07-2025
- Health
- Hindustan Times
Daily baths dry out baby skin? Doctor busts 6 common baby skincare myths
Babies have sensitive skin, and this vulnerability often makes parents second-guess everything, overthinking even the simplest routines, from daily bathing to moisturising. With so much confusion and often contradictory advice out there, parents can become unsure of what truly works, with many misconceptions circulating regarding babies' skincare. Baby skin is very sensitive, needing essential care. (Freepik) ALSO READ: Is your baby's skin in danger this monsoon? Doctor shares dos and don'ts of baby skincare Dr Ranjan Kumar Pejaver, Chief Neonatologist, People Tree at Meenakshi Hospitals, Bengaluru, shared with HT Lifestyle how important it is to know what's true and what's a myth, especially since babies have such sensitive skin. He said, 'Baby's skin is much more delicate than adult skin, which makes it essential to understand and care for its unique needs.' Dr Ranjan shared a detailed guide, covering the common myths that may be circulating among parents, especially the first-timers. He dispelled them with medical facts: Myth 1- Babies don't need sunscreen Facts: While it is recommended to keep infants under six months of age out of direct sunlight, sun protection becomes essential as babies grow older and begin to spend more time outdoors. A baby's delicate skin is overly sensitive to ultraviolet (UV) radiation, making it more susceptible to sunburn and long-term damage. Once your baby is older than six months and exposed to sunlight, use a broad-spectrum sunscreen (preferably SPF 50), specially formulated for the baby's delicate skin and free from harsh chemicals. Moreover, reapplication every two hours is crucial to ensure continuous protection. Myth 2- Daily baths will dry out their skin Facts: Daily bathing doesn't necessarily cause dry skin in babies, provided it is done correctly. Using lukewarm water and a mild and gentle cleanser is essential to maintain the skin's natural moisture balance. Opt for bath products specifically formulated for babies, preferably those enriched with nourishing natural ingredients like aloe vera, chickpea, green gram, olive oil, almond oil, and ghee. These ingredients support gentle cleansing while nourishing the baby's skin, leaving it feeling soft, soothed, and comfortable without causing post-bath dryness. It is equally important to moisturise immediately after the bath, while the skin is still slightly damp, to lock in moisture and ensure long-lasting hydration. A consistent and mindful bath and post-bath routine can contribute positively to your baby's skin health. Myth 3- Cradle cap means I'm not cleaning my baby properly Facts: Not at all. Cradle cap is a common and harmless condition caused by overactive oil glands in a baby's scalp, not a sign of poor hygiene. Regular gentle cleansing with a mild and gentle baby shampoo and soft brushing can help loosen the flakes and keep your baby's scalp clean and comfortable. Just be consistent, gentle, and patient; it usually clears up on its own. Myth 4- Babies don't need moisturisers Babies also require moisturisers. (Freepik) Facts: A baby's skin loses moisture faster because it's less developed than adult skin. Using a gentle moisturiser every day can help prevent dryness and keep their skin barrier healthy and strong. Look for moisturisers with natural ingredients like olive oil, almond oil, and ghee that nourish the skin and keep it soft, smooth, and happy. Myth 5- Peeling skin in newborns is a sign of concern Facts: It's perfectly normal for newborns to experience skin peeling, particularly during the first two to three weeks after birth. This natural process occurs as your baby sheds the outer layer of skin that developed in the womb. This is not a cause for concern and doesn't indicate dryness, irritation, or any underlying condition. The best approach is to gently moisturise the skin using a mild, baby-safe moisturiser at regular intervals. Avoid scrubbing or trying to forcefully remove the peeling skin. Over time, their skin will naturally reveal a soft, healthy layer underneath. Myth 6: If a baby's skin looks fine, you don't need to do anything Facts: Prevention is key in baby skincare. Even if your baby's skin appears healthy, a simple routine of gentle cleansing and daily moisturising helps maintain healthy skin, prevents dryness, and protects against possible damage from irritants in the environment. Dr Ranjan concluded, 'Baby skin is delicate, but caring for it doesn't have to be complicated. Skip the myths and stick to expert guidance, and always check with your paediatrician before making changes to your baby's skincare routine. Consistency goes a long way in keeping the baby's skin soft, soothed, and resilient." Note to readers: This article is for informational purposes only and not a substitute for professional medical advice. Always seek the advice of your doctor with any questions about a medical condition. Catch every big hit, every wicket with Crick-it, a one stop destination for Live Scores, Match Stats, Quizzes, Polls & much more. Explore now!. Catch your daily dose of Fashion, Taylor Swift, Health, Festivals, Travel, Relationship, Recipe and all the other Latest Lifestyle News on Hindustan Times Website and APPs.
