Spice Money and Religare Broking take the LIC IPO to 10 crore rural households

Posted on by City Today News (City today.media)

As India eyes LIC IPO, Spice Money & Religare Broking join hands for a ‘first-of-its-kind’ long term partnership to simplify Demat Account Opening facility for rural India, thereby enabling easy access to capital market-linked investment products with the help of 1 million Spice Money Adhikaris


Spice Money, India’s leading rural fintech that is revolutionising the way Bharat banks, today announced that it has partnered with Religare Broking Ltd. (RBL) to enable rural citizens to apply for the mega LIC IPO, a first-of-its-kind investment opportunity. Through this association, Religare Broking and Spice Money aim to provide rural citizens with equitable access to investment opportunities, thus, taking a step further in bridging the rural-urban divide and augmenting financial inclusion. Moreover, this association will allow over 95% of rural pin codes to get access to assisted phygital platforms to invest in capital market-linked opportunities such as equities, mutual funds, commodity, currency and NPS to build wealth for the future. The business partnership will pave the way ahead for a large scale financial inclusion and financial freedom for new-to-market investors in the rural segment.

Religare Broking is currently servicing over 10 Lakh Demat customers through its pan India network of 1100+ branches and business partners across 400+ cities in the country. Spice Money, on the other hand, is a leading rural fintech company with a wide network of over 10 lakh merchants (called Spice Money Adhikaris) serving over 10 crore households in 700+ districts across the hinterlands of India. Thus, investment services partnership between Religare Broking and Spice Money will facilitate rural India to get direct and assisted access to a Demat Account and invest in capital market-linked products.

While India has just recorded “the best IPO year” (2021) in two decades with new-age technology companies leading the way, the percentage of investors from rural parts of the country is extremely low due to the lack of access, awareness and assistance. Spice Money’s most inclusive and trusted community of high growth 1 million Adhikaris, who are looked upon as respected banking representatives, will act as a one-point contact for assisting rural citizens who want to invest in the LIC shares, but do not know where to begin. Spice Money Adhikaris will assist them to open a DEMAT Account and apply for the LIC IPO and invest in other products in the future. 

Sanjeev Kumar, Co-Founder & CEO, Spice Money said, “We are thrilled to partner with Religare Broking to take the country’s biggest IPO to the hinterlands of India. At Spice Money, we are on a mission to drive financial inclusion for the country and this partnership will bring forth the opportunity for rural citizens to participate in the mega IPO and other capital market-linked products in the future, through our marketplace platform. Access to the IPO of a brand that commands nation-wide trust, like LIC, will help rural citizens warm up to the phenomenon of investment opportunities they are hitherto unaware of.”

On the announcement of partnership, Nitin Aggarwal, CEO, Religare Broking said, “We are delighted to join hands with Spice Money. With LIC IPO on its way, a huge opportunity waits for new investors and its policyholders. Jointly Religare & Spice Money will play an instrumental role in building a rural India financial inclusion model, combining new age technology with human assistance and bring Ghar Ghar Demat Account.  With the help of Spice Adhikaris, each investor willing to invest in IPOs can seamlessly open a Demat account on Dynami App and make informed decisions for a range of investment products.”

Gurpreet Sidana, COO, Religare Broking said, “Continuing our promise to offer simplified investment journeys & innovative services, this time we are building a large scale phygital DIY facility with Spice Money for opening Sabse Sasta Demat Account. For new-to-market customers, including the masses, Religare Broking has recently announced new offering that provides Zero brokerage on delivery trades, zero brokerage on non-profitable intraday trades and options trading at Rs.5 per lot. Our DIY account opening journey and trading platforms are backed by state of the art new age technology and simplified trading experience. Irrespective of the ticket size or location, an investor can seamlessly and affordably participate in capital market linked opportunities.”

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Hilton Hotel and Convention Centre debuts at Bengaluru’s Largest Hospitality Complex at Embassy Manyata

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• Hilton Hotels Embassy Manyata Bengaluru comes to life, with two Hilton-branded hotels and a state-of-the-art Convention Centre
• Embassy Manyata’s ‘Total Business Ecosystem’ evolves further; encompassing Work, Stay, Meet and Dine

Bengaluru, India, May 02, 2022:
Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first publicly listed real estate investment trust and Asia’s largest by area, and leading global hospitality company Hilton (NYSE: HLT) announced the opening of Hilton Bengaluru Embassy Manyata Business Park and the Hilton Convention Centre at Embassy Manyata Business Park (‘Embassy Manyata’), Bengaluru. Hilton’s 266-key flagship-branded hotel and connecting conference facilities are part of the 619-key dual-branded hotel complex, which includes the 353-key Hilton Garden Inn Bengaluru Embassy Manyata Business Park launched earlier this year. The three premises form the Hilton Hotels Embassy Manyata complex, owned by Embassy REIT and managed by Hilton.

The Hilton Hotels Embassy Manyata is one of the largest hotel complexes in South India, and amongst the biggest in the country. The mixed-use complex brings a unique hospitality offering to North Bengaluru; with two hotels, five food and beverage outlets, a state-of-the-art convention centre, and a class-leading retail hub in the works. The complex is located within close proximity to retail and leisure facilities in North and Central Bengaluru as well as important commercial business districts. The hotel is conveniently located within a 30-minute drive from the Kempegowda International Airport.

L to R – Manish Garg (General Manager, Hilton and Hilton Garden Inn, Embassy Manyata Business Park, Bengaluru), Michael Holland (CEO, Embassy REIT), Aditya Virwani (COO, Embassy Group) and Navjit Ahluwalia (Senior Vice President and Country Head, Hilton India)

A confluence of world-class amenities with two distinct brands – Hilton Hotels & Resorts and Hilton Garden Inn – provides more options for the modern traveler and aims to create ‘bleisure’ experiences that combine technology-enabled efficiencies and a spectrum of meeting and event spaces with a variety of dining and entertainment options.

With the dual hotels offering direct access to approximately 60,000 square feet of convention space, guests can enjoy integrated cutting-edge experiences in the heart of North Bengaluru. The complex is one of its kind, offering seamless scalability for physical and hybrid events powered by advanced event technology solutions. The convention centre redefines the Indian convention landscape and caters to events of varying scales. It includes a 13,000 square feet pillarless grand ballroom that can accommodate up to 1,500 people, and multiple versatile meeting and event spaces.

Embassy Manyata is one of India’s largest business parks with an operational area of around 12 million square feet and provides wellness-oriented grade A office products catering to over 100,000 employees from 42 global corporates. With this timely launch, the Total Business Ecosystem offered by Embassy Manyata evolves further to include facilities for hosting corporate events and social interactions apart from hospitality. A recently inaugurated flyover with dedicated spur roads service the park facilitates smooth access and egress from the Outer Ring Road.

Michael Holland, CEO of Embassy Office Parks REIT, said,
”The opening of the Hilton Hotel and Convention Centre at Embassy Manyata creates a hospitality anchor at the entrance of one of the largest business parks in India. In particular, it adds a much-desired conferencing space that benefits not only our corporate occupiers but Bengaluru as a whole. The NXT Plaza will integrate retail and multiple dining options, making the complex a focal point of Embassy Manyata’s Total Business Ecosystem. Embassy REIT’s partnership with Hilton continues to grow with the opening of this integrated complex which we are confident will emerge as Bengaluru’s brightest beacon of hospitality.”

Navjit Ahluwalia, Senior Vice President and Country Head of Hilton in India, said,
“The opening of one of the largest hotel complexes in South India is a key milestone for Hilton as it ushers in a new era of post-pandemic travel. We are confident that the Hilton Hotels Embassy Manyata complex will signal the return of in-person events and emerge as the top preference for both leisure and business travelers, as we continue to deliver exceptional experiences created through Hilton’s renowned hospitality. Furthermore, it strengthens our strategic partnership with Embassy REIT, and our complementary vision to create sustainable hospitality experiences.”

Hilton Hotels Embassy Manyata is located at Hebbal, Outer Ring Road, Nagawara, Bengaluru 560 045. For more information, or to make a reservation, travelers may visit hiltonsatmanyatabengaluru.com or call on +91 80 6901 2345 / 6911 2345

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Celebrating grand launch of Wow! MOMO AND Wow! China Wow! with the Band “Lagori” performing Live at Forum Koramangala Mall on 7th May 2022

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The Band “Lagori” will be Performing Live at  Forum Koramangala Mall on 7th May 2022 at the Grand Launch of Combo Store Wow! Momo & Wow! China which makes the 50th store and counting in Bangalore.

Young,energetic,full of surprises and utter madness on stage, Lagori has, over the last 4 years, brought thousands to their feet at their concerts. This Bangalore based band is made up of 4 unique musicians (each crazier than the last) bringing their own flavours and styles to the table.

– Tejas Shankar : Vocals

– Geeth Vaz : Electric/Acoustic Guitar/ Backing Vocals

– Edward Rasquinha :  Acoustic Guitar/ Backing Vocals

– Vinyl Kumar : Drums/Shakers/Cajon/Backing Vocals

Event Details:

Date: 7th May 2022

Time: 6.30 pm onwards

Venue: Forum Koramangala Mall, Bangalore

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The 3rd edition of the G C Surana Conclave: “Officials should mingle with people to solve problems”- Kiran Bedi

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Bengaluru, May 1, 2022: Not only politicians, but also officials must mingle and engage themselves with people and this would solve many of the problems faced by the people, Dr Kiran Bedi, former IPS officer and former Lieutenant Governor of Pondicherry said here on Sunday.

Delivering the keynote address at the 3rd edition of the G C Surana Conclave, organized by Surana College Dr Bedi said, “It is essential that officials in key positions in government make good use of their leadership. When I started working as an IPS officer, there was no communication between the officers. The same thing prevailed in Pondicherry. In order to rectify this, programs were held to encourage people to trust our administration. In addition, the practice of mingling with the people and the heads of each department and examining the development work itself was developed. This made development work much faster. We should not do things with the impression that someone is recognizing them, we should recognize our own work.”
Dr Bedi wanted students to achieve prosperity by having purpose and perseverance while putting people in the front. She commended the work of Dr. Archana Surana, Managing Trustee of Surana College for achieving the 25 year milestone.

Earlier inaugurating the conclave Minister for Higher Education Dr. C N Ashwathnarayana said, “Today’s academic scores are not the criteria for getting a job. It is important to embrace sports, personality development and leadership qualities. Our educational standards have been changed by the new nation’s education policy.”
The Minister said Bengaluru, the Silicon Valley of India is a land of opportunities and the reason for India’s brain gain. He highlighted the state’s role in implementing the National Education Policy, the minister also mentioned that Karnataka is a model state when it comes to introducing transformational projects in the IT, BT & education sector.

The minister said all co-operation would be provided to Surana educational institutions which have contributed immensely to the education sector of the city and has gained autonomous status and will start university soon.

On this occasion Dr. Kiran Bedi, Dr. Ramana Rao, renowned cardiologist from the city, Dr. H R Appannaiah, scholar and writer and Dr. Mahantesh, Founder of Samarthanam Trust were felicitated with the GC Surana Leadership Awards. The conclave which marks the silver jubilee celebrations of Surana Educational Institutions

The alumni who have made the college proud in various fields including celebrities like Pannaga Bharana, Film Director, Karunya Ram, Actress, Manjunath NS, International Percussionist and Sujay Shaunbag, Classical Dancer participated in the event. Over 40 alumni of the college were felicitated with the GC Surana achievement awards. The day concluded with an alumni cultural extravaganza where Vasuki Vaibhav, Music Composer and Apoorva Sagar, Film Actress enthralled the crowd with a cultural performance.

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ಗೌರವಾನ್ವಿತ ಸಚಿವ ಬಿ ಸಿ ನಾಗೇಶ್ ಸರ್, ನೀವು ವಿವಿಧತೆಯಲ್ಲಿ ಏಕತೆಯನ್ನು ಕಾಪಾಡಿಕೊಳ್ಳಬೇಕೆಂದು ನಾವು ನಿರೀಕ್ಷಿಸುತ್ತೇವೆ.

Posted on by City Today News (City today.media)

ಗೌರವಾನ್ವಿತ ಸಚಿವ ಬಿ ಸಿ ನಾಗೇಶ್ ಸರ್, ನೀವು ವಿವಿಧತೆಯಲ್ಲಿ ಏಕತೆಯನ್ನು ಕಾಪಾಡಿಕೊಳ್ಳಬೇಕೆಂದು ನಾವು ನಿರೀಕ್ಷಿಸುತ್ತೇವೆ.
ಕುರಾನ್ ಮತ್ತು ಬೈಬಲ್ ಧಾರ್ಮಿಕ ಮತ್ತು ಗೀತಾ ನೈತಿಕ ಎಂದು ಹೇಳುವ ನಿಮ್ಮ ಹೇಳಿಕೆ ಆಧಾರರಹಿತವಾಗಿದೆ.  ಪ್ರತಿಯೊಂದು ಧರ್ಮವು ತಮ್ಮ ಪವಿತ್ರ ಗ್ರಂಥಗಳಂತೆ ಉತ್ತಮ ನೈತಿಕ ಮೌಲ್ಯಗಳನ್ನು ಕಲಿಸುತ್ತದೆ.

ಕೋರ್ಟ್ ಹಾಲ್‌ನಲ್ಲಿ, ಸಾಕ್ಷಿಗಳನ್ನು ಪರಿಶೀಲಿಸುವ ಮೊದಲು, ನ್ಯಾಯಾಧೀಶರು ಸಾಕ್ಷಿಯನ್ನು ಕೇಳುತ್ತಾರೆ, ಅವರು ತಮ್ಮ ಧರ್ಮದ ಪ್ರಕಾರ ಪವಿತ್ರ ಪುಸ್ತಕದ ಮೇಲೆ ಕೈಯಿಟ್ಟು ಸತ್ತ್ಯವನ್ನೇ ನುಡಿಯುವೆ ಅನ್ನುವ ಹೇಳಿಕೆ ಪಡೆಯುತ್ತಾರೆ.  ಸಾಕ್ಷಿ ಮುಸ್ಲಿಂ ಆಗಿದ್ದರೆ ಧಾರ್ಮಿಕ ಪುಸ್ತಕ ಕುರಾನ್, ಅವನು ಕ್ರಿಶ್ಚಿಯನ್ ಆಗಿದ್ದರೆ ಪವಿತ್ರ ಗ್ರಂಥ ಪವಿತ್ರ ಬೈಬಲ್, ಅದೇ ರೀತಿ ಹಿಂದೂಗಳಿಗೆ ಧಾರ್ಮಿಕ ಪುಸ್ತಕ ಗೀತೆ.

ನಮ್ಮ ಮಕ್ಕಳು ಎಲ್ಲಾ ಕಡೆಯಿಂದ ಬರುವ ಸುಂದರವಾದ ನೀತಿಗಳನ್ನು ಕಲಿಯಲಿ.  ಕೋಮಲ ಹೃದಯಗಳಲ್ಲಿ ಎಂದಿಗೂ ದ್ವೇಷದ ಬೀಜಗಳನ್ನು ಬಿತ್ತಬೇಡಿ….

– ಎ.ಅನಿಲ್ ಆಂಟನಿ ಮತ್ತು ಸಿ.ಮರಿಯಾ ಜೋಸೆಫ್

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