HATTRICK FOR AaKASH BYJU'S AS ITS STUDENT VIGNESH.N FROM BENGALURU TOPS IN KCET 2023.

 Vignesh .N a student of Aakash Byju's from Bengaluru, secured the first position across Karnataka in the Karnatka Common Entrance Test (KCET) in 2023 in the engineering discipline. This is the Third time in a row,Aakashians have come first in the KCET examination .KCET is conducted for admissions into B.Tech courses offered by the participating institutes of the state.

Congratulating Vignesh, Mr.Dheeraj Misra, Regional Director,Aakash educational Services Ltd., said," We have best of study materials,question banks available for students and have upgraded our digital presence making education always available.We wish him all the best in his future endeavours".

DHRUV ADVANI FROM AaKASH BYJU'S BANNERGHATTA ROAD CENTER ,BANGALORE TOPS KARNATAKA STATE; SECURES AN IMPRESSIVE AIR 05 IN NEET UG 2023.

Dhruv Advani,a student of Aakash has made the institute proud by becoming the state stopper by securing an impressive AIR 05 in NEET UG 2023. He scored 715 out of 720 in the prestigeous medical entrance examination.Congratulating Dhruv Advani, Mr.Abhishek Maheshwari,CEO,Aakash Byju's said," A total of 20 lakh plus students appeared for NEET 2023 from across the country.Mr.Dhruv's Achivement speaks volumes of his hard work & dedication as well as support of his parents.We wish him all the best in his future endeavours".

NEET is conducted annually by National Testing Agency a a qualifying test for students who wish to pursue under graduate medical (MBBS),Dental (BDS),and AYUSH (BAMS,BUMS, BHMS)courses in government and private institutions in India and also for those intending to pursue primary medical qualification abroad.

MONIN LAUNCHES ITS SECOND " EXPERINCE STUDIO" IN BENGALURU.

MONIN,a premium French brand for hospitality professionals all over the world has launched its second exclusive "Experience Studio" in Indiranagr,Bengaluru after New Delhi. The studio is the latest among many such centres across the globe. This centre will serve as an innovation Hub for HORECA  professionals and educational institutes located in South India. Spread across a luxurious 2000 Sq.ft,this experiential studio will act as a platform to conduct beverage innovation& personalized menu curation sessions for bar tenders,mixologists,baristas,Chefs along with curating educational modules for students of bar schools & Hospitality Institutes.

Mr.Germain Araud,Managing Director,Monin India said," We want to bring the exclusive MONIN experience to the connoisseurs in Southern India. As part of our "Make In India" Commitment,the Company has a robust expansion plan for India and is in the process of setting up a manufacturing plant in Hyderabad,India which is planned to be commissioned in 2025." The Company has already purchased 40 acres of land near Hyderabad.

EPSON INDIA ANNOUNCES RASHMIKA MANDANNA AS THEIR BRAND AMBASSADOR.

Epson, a world leader in digital & printing solutions  announced Ms.Rashmika Mandanna,Indian Film Actress as their Brand ambassador in India.

 She will collaborate with Epson to promote its products in India and will first feature in a multi media campaign being launched for Epson Eco Tank Printers in June. 

Epson Eco Tank printers use heat free Technology,which consumes less power,generates less e-waste, and helps save on printing costs. This technology embodies Epson's philosophy of efficient,compact and precise innovation.

IIFL FINANCE TO RAISE UP TO Rs.1500 CRORES VIA SECURED REDEEMABLE NCD'S. OFFER EFFECTIVE YIELD OF 9% PER ANNUM FOR TENOR OF 60 MONTHS.

IIFL Finance, One of India's largest NBFC's coming out with a public Issue of Secured Bonds on June,9th,2023  (Today) for the purpose of  business growth and capital augmentation.The Bonds offer upto 9% yield .The Public Issue opens on June,9th,2023 and closes on June,22,2023 with an option of early closure. The allotment will be made on first come first served basis.The Face value is Rs.1000. 

IIFL finance will issue secured redeemable non convertible debentures (NCD's),aggregating to Rs.300 crores with a green shoe option to retain oversubscription of upto Rs.1200 crores aggregating to a total of Rs.1500 crores.The NCD is available in Tenors of 24 months,36 months & 60 months.The frequency of interest payment is available on annual,at maturity basis and with monthly option for 60 months tenure. The credit rating has been AA/stable by CRISIL rating and AA/Stable by ICRA which indicates that the investments are considered to have a high degree of safety for timely servicing of financial obligations and carry very low credit risk.In Q4 FY 23,Moody's upgraded IIFL Finance's rating from B2 to B1 (Stable).

Mr.Kapish Jain,IIFL Finance's Group CFO said," IIFL Finance has an impeccable track record of more than 25 years and all the bond issues and the debt obligations have always been paid on time".

In FY 2023,IIFL Finance reported a profit after Tax of Rs.1607 crores with a robust return on equity of 19.9 % ..The Gross NPA is 1.8% and net NPA is 1.1%. The Lead managers to the Issue are: Edelweiss Financial
Services Ltd,IIFL Securities Ltd.,Equirus Capital Private Ltd., and Trust Investment Advisors Private Limited.The NCD's will be listed on BSE and NSE .