ORRA Fine Jewellery Launches ‘Diamond Festival’, Offering Stunning Collections and Unbeatable Discounts
Rutuparna Rath news
ORRA Fine Jewellery Launches ‘Diamond Festival’, Offering Stunning Collections and Unbeatable Discounts

January 22, 2025, ORRA Fine Jewellery is inviting patrons / customers to bask in the brilliance of their ‘Diamond Festival.’ This exclusive festival promises an unforgettable journey through the world of fine jewellery, where customers can explore our latest collection, showcasing the finest diamonds in captivating designs. The Diamond Festival has emerged as a celebration of luxury, and this year, each piece has been meticulously crafted to capture the essence of contemporary fashion while preserving the timeless charm of diamonds. What’s more is that the brand will also have some first-time offers that you surely don’t want to miss!

The Diamond Festival holds profound significance at ORRA Fine Jewellery, transcending beyond a mere showcase of exquisite diamonds. It symbolizes a commitment to everlasting beauty, precision, and trust. In a world where trust is paramount, ORRA’s Diamond Festival becomes a trusted companion in crafting unforgettable memories.

Starting from 18th January to 17th February, patrons will have the unique opportunity to discover an array of stunning diamond pieces that reflect the vibrant energy of the season. And for the first time ever, ORRA will be offering an exclusive discount on the diamond value—a truly unique offering to elevate your jewellery collection.

To make it even more special, ORRA will offer additional discounts and special offers for its curated collections, promising a seamless blend of grace and style for every discerning customer.

Additionally, customers will also get an opportunity to explore a limited-edition diamond jewellery box-sets curated for Republic Day and Valentines Day, allowing them to mark the occasion with patriotic elegance.

First Anniversary of Ram Lalla’s Consecration in Ayodhya Draws Devotees from Across India
Rabindra Sahu news
First Anniversary of Ram Lalla’s Consecration in Ayodhya Draws Devotees from Across India

Kotpad  22nd January 2025 Jai Shri Ram! Heartfelt congratulations on the first anniversary of the consecration (Pran Pratishtha) of Ram Lalla. May Lord Ram’s blessings be upon everyone.”

January 22 is a historic date that Ram devotees will never forget. It was on this day in 2024 that the consecration (Pran Pratishtha) of the idol of Ram Lalla took place at the Ram Temple in Ayodhya. The atmosphere was filled with joy and celebration among Ram devotees.

The divine child form of Lord Ram Lalla captivated everyone’s hearts. It felt as if Lord Ram Himself was giving His divine darshan. This year, January 22, 2025, marks the first anniversary of Ram Lalla’s consecration.

First Anniversary Celebrated on January 11

However, the Pran Pratishtha Day of Ram Lalla will not be celebrated on January 22. It was already celebrated on January 11, 2025, as “Pratishtha Dwadashi.”

As per the decision of the Shri Ram Janmabhoomi Teerth Kshetra Trust, the anniversary of Ram Lalla’s consecration will be celebrated according to the Hindu calendar, just like festivals such as Diwali, Holi, and Janmashtami are observed on specific auspicious dates.

This year, the date was Paush Shukla Paksha Dwadashi, which fell on January 11, 2025. Therefore, the celebration of Pratishtha Dwadashi was held on

Can Fin Homes (CANF IN) Q3FY25 Result Update
Rutuparna Rath business
Can Fin Homes (CANF IN) Q3FY25 Result Update

Gaurav Jani , Research Analyst , PL Capital – Prabhudas Lilladher

Loan growth continues to remain weak :

CANF saw a weak quarter since loan growth was lower while asset quality saw a blip. Credit growth was 9.1% YoY (PLe 10.9%) as disbursals were affected and dipped by 21% QoQ as state specific issues in Karnataka and Telangana marred credit flow. These 2 states contribute 48% to overall disbursals. The company is targeting credit growth of 15% YoY in FY26E which may be challenging given (1) demand recovery in abovementioned states could be protracted and (2) LOS/LMS implementation may impact disbursals. Hence, we cut loan growth for FY25/26/27E by 4%/3%/2% to 9%/11%/12% YoY. There is upside risk to loan growth due to renewal of CLSS. Asset quality has been worsening since Q4FY24 since the overdue portfolio has been increasing owing to new RBI circular disallowing adjustment of customer advances against EMIs. While stock is valued at 1.6/1.4x on FY26/27E ABV, underperformance on growth and asset quality are key concerns. We cut multiple to 1.8x from 2.1x on Sep’26 ABV and trim TP to Rs860 from Rs1,000 but retain ‘BUY’ due to favorable valuations.

  • Weak quarter with miss on loan growth and asset quality: NII came in at Rs3.45bn (PLe Rs3.48bn); loan growth was a miss though NIM was largely in-line. NIM (calc.) was 3.87% (PLe3.88%) while yield on assets and cost of funds were higher than expected. Reported yield on advances improved QoQ while cost of funds reduced slightly QoQ. Reported NIM was flat QoQ at 3.64%. Loan growth was a miss at 9.1% YoY (PLe 10.9%) as disbursals were weak at Rs18.8bn (PLe Rs25bn); repayments at Rs13.15bn were in-line. Other income was lower at Rs58mn. Opex was better at Rs593mn (PLe Rs665mn) due to lesser staff cost and fees & commission. On asset quality, gross stage-3 saw a blip QoQ from 0.88% to 0.92%; PCR was 45.2% (46.3% in Q2FY25). Provisions were a miss at Rs221mn (PLe Rs150mn). PAT was 0.8% below PLe at Rs2.1bn led by lower NII and higher provisions.
  • Karnataka and Telangana impacting overall growth: Disbursals fell by 21% QoQ driven by (1) E-Khaata issue in Karnataka due to which registrations stopped (2) land demolition in Telangana due to change in govt. impacting demand. Hence disbursals were hit by Rs4.3bn (Rs3.5-4bn from Karnataka). Usually, Karnataka/Telangana contribute 34%/15% to disbursals. The company does not expect the situation in Karnataka to prolong and the state govt. has already deployed staff to release E-Khaata. CANF is targeting disbursals of Rs120bn in FY26 which would translate to AuM growth of 15% YoY. Salaried vs self-employed mix was 71:29 compared with 73:27 in Q4FY23; the company is comfortable with a mix of 65:35. We cut loan growth for FY25/26/27E by 4%/3%/2% as (1) ~50% of credit flow is exposed to state related bottlenecks (2) LOS/LMS implementation in FY26 could hamper credit accretion.
  • Asset quality has been a drag due to increasing SMA levels: SMA-0 balance has consistently risen from Rs1.38bn in Q4FY24 to Rs2.59bn. Earlier, company used to adjust customer advances with EMI at the end of the month however the new RBI circular disallows the same causing SMA balances to increase. This has led to elevated provisioning levels. Management expects stage-3 to fall to 0.8% from 0.9% due to higher recoveries in Q4. Hence credit costs for Q4FY25 could be negligible, suggesting provisions of 15bps for FY25.
Paresh Rawal Supports Creative Connect Launch
Bhumika Lenka education
Paresh Rawal Supports Creative Connect Launch

India Education is evolving, and creativity is taking center stage! Celebrated actor and education advocate Paresh Rawal lent his support to the launch of Creative Connect: Art Across the Curriculum, a groundbreaking book by Dr. Swaroop Sampat Rawal in collaboration with Chetana Education Limited. The book highlights the significance of integrating art into learning, fostering creativity, and shaping young minds for a brighter future.

The event also marked the grand inauguration of Chetana Education’s OTT platform by Shri Paresh Rawal, a pioneering step in digital education. Designed to meet the evolving needs of today’s students, the platform personalizes learning experiences, ensuring accessibility, engagement, and effectiveness. By integrating cutting-edge tools and methodologies, Chetana Education is set to transform the way schools and students interact with educational content.

As part of the launch, Chetana Education Limited invited esteemed educators and thought leaders for a stimulating panel discussion titled “Creative Connect: Sparking Conversations, Sharing Visions.” The session featured distinguished educationists including Dr. Swati Popat Vats – President, ECA-APER, Kavita Sanghvi – Head of SVKM’s CNM School, Francis Joseph – Executive Director (India), GEMS Education, Fatema Agarkar – Founder, Agarkar Centre of Excellence (ACE). Together, they explored the transformative power of art in education, emphasizing the importance of creativity in holistic learning.

Dr. Swaroop Sampat Rawal, a passionate educator and advocator for creative learning, shared her vision behind the book, “Education is not just about memorizing facts; it is about exploration, reflection, and transformation. With Creative Connect: Art Across the Curriculum, we have created a ‘third space’ a safe, stimulating environment where structured learning blends seamlessly with a child’s innate curiosity, fostering creativity and deep understanding. True learning happens when children are encouraged to think freely, express themselves, and take risks without fear of criticism. Art is not merely an aesthetic pursuit; it is a powerful tool that encompasses Action, Reflection, and Transformation. Through this book, we aim to make education more dynamic, ensuring that both students and teachers find joy in the process. My lifelong goal has been to positively impact the lives of every child in this country, and I believe that integrating art into education is a significant step in that direction. Learning should not be confined to textbooks; it should be an immersive, enriching experience that stays with children for a lifetime.”

Malkangiri’s Jayanti Buruda Recognized for Her Pioneering Efforts in Indigenous Welfare
Rabindra Sahu news
Malkangiri’s Jayanti Buruda Recognized for Her Pioneering Efforts in Indigenous Welfare

jaynt11

Kotpad 22nd January 2025  Jayanti_Buruda from Malkangiri district, an indigenous woman, has secured a place in the #Femina_Feb_65 list. Her life story has been published in the December edition of Femina, recognizing her as the first tribal journalist and social worker from the district. Known as the “Queen of the Jungle” and “Big Sister,” Jayanti has received congratulations from various quarters for this achievement.

The recently released Femina list features many powerful women from across the country, including President Droupadi Murmu, actress Alia Bhatt, Nita Ambani, and Kiran Rao. Earlier, Jayanti had received a fellowship from FMAI, Women, and Networks. Subsequently, she initiated campaigns like “Queen of the Jungle,” highlighting the traditions, culture, and folklore of the tribal communities in Malkangiri.

She has also been striving to educate tribal women in technology and ensure they stay informed about national and global news. With the “Big Sister” organization, which has been active for over six years, she has worked to raise awareness about menstrual hygiene among tribal adolescent girls, young women, and mothers. Currently, 20 educated tribal women are working for the “Big Sister” organization. With the support of some generous individuals, they are distributing sanitary pads to tribal women and girls in remote areas.

South Indian Bank Q3 Profit Hits Rs. 342 Cr
Bhumika Lenka news
South Indian Bank Q3 Profit Hits Rs. 342 Cr

South Indian Bank had declared highest ever quarterly net profit of Rs. 341.87 Cr for Q3 FY 2024-25  registering a growth of 11.96% compared to Rs. 305.36 Cr in Q3 FY 2023-24. 

Key Highlights 

  •  Operating profit for the quarter increased by 9.39% from Rs. 483.45 Cr in Q3 FY 24 to Rs. 528.84  Cr in Q3 FY 25 
  •  Net profit of the Bank for quarter is up by 11.96% from Rs. 305.36 Cr in Q3 FY 24 to Rs. 341.87  Cr in Q3 FY 25 
  •  Gross NPA came down by 44 bps from 4.74% to 4.30% on Y-o-Y basis 
  •  Net NPA dropped by 36 bps from 1.61% to 1.25% on Y-o-Y basis 
  •  Net interest income went up from Rs. 819.03 Crore to Rs. 869.26 Crore, registering a growth of  6.13% on Y-o-Y basis 
  •  Return on Assets increased by 5 bps from 1.07% to 1.12% Y-o-Y basis 
  •  PCR excl. write off increased by 465 bps from 67.08% to 71.73% Y-o-Y basis 
  •  PCR including write off increased by 310 bps from 77.97% to 81.07% Y-o-Y basis 

o Deposits 

  •  Retail Deposit grew by Rs. 7,332 Crore from Rs. 95,088 Crore to Rs. 1,02,420 Crore,  showing an increase of 7.71% on Y-o-Y basis 
  •  NRI Deposit grew by Rs. 1,896 Crore from Rs. 29,236 Crore to Rs. 31,132 Crore, showing an  increase of 6.49% on Y-o-Y basis 
  •  CASA grew by 4.13% on Y-o-Y basis with growth in Savings Bank by 3.37% and Current  Account by 7.73% respectively  

 Advances  

  •  Gross advances grew by Rs. 9,280 Crore from Rs. 77,686 Crore to Rs. 86,966 Crore, showing  an increase of 11.95% on Y-o-Y basis
  •  Corporate Segment went up by Rs. 5,064  

Crore from Rs. 29,892 Crore to Rs. 34,956  

Crore, showing an increase of 16.94% on Y 

o-Y basis 

  •  Share of A and above rated accounts in large  

corporate segment grew from 96% to 99.6% on Y-o-Y basis 

  •  Personal Loan book grew by Rs. 63 Crore from Rs. 2,186 Crore to Rs. 2,249 Crore, showing an increase of 2.88% on Y-o-Y basis 
  •  Gold Loan portfolio went up by Rs. 1,597 Crore from Rs. 15,369 Crore to Rs.16,966 Crore,  showing an increase of 10.39 % on Y-o-Y basis 
  •  Housing Loan grew by Rs. 3,195 crore from Rs. 5,000 Crore to Rs. 8,195 Crore registering a  growth of 63.9% 
  •  Vehicle Loan grew by 24.71% Y-o-Y from Rs. 1,554 Crore to Rs. 1,938 Crore 

Y-o-Y growth  

 Rs. in Crore

Quarter Ended  Quarter Ended
31-12-2024  31-12-2023  Growth  %
Gross Advance 86,966  77,686  9,280  11.95%
Retail Deposits 1,02,420  95,088  7,332  7.71%
NRI Deposit 31,132  29,236  1,896  6.49%
Current Deposits 5,927  5,502  425  7.73%
Savings Deposits 26,903  26,027  876  3.37%
CASA 32,830  31,529  1,301  4.13%
CASA %  31.15%  31.80%  -65 bps
Gross NPA %  4.30%  4.74%  -44 bps
Net NPA %  1.25%  1.61%  -36 bps
Net Interest Income 869.26  819.03  50.23  6.13%
Operating Profit 528.84  483.45  45  9.39%
Provisions excl. tax 66.04  48.55  17  36.02%
Profit before tax 462.80  434.90  28  6.42%
Net Profit after tax 341.87  305.36  37  11.96%

Mr. P R Seshadri, MD & CEO of the Bank, while  

announcing the results, stated that the strategy  

adopted by the Bank continues to enable the business  

performance. During the period, Bank registered  

growth in all the desired segments with a focus on  

quality asset across all verticals Corporate, Housing loan, Auto Loan, Personal Loan, Gold Loan etc. 

He also stated that, in line with the strategic intent of the Bank viz, “Profitability through quality credit  growth”, the Bank could on board fresh advances with low risk profile. 

Capital adequacy of the Bank stood at 18.00% in December 2024 compared to 15.60% in December  2023.

NTPC-CEB JV Sets Landmark Tariff for Sri Lanka’s Large-Scale Solar PV Power Project
Rutuparna Rath business
NTPC-CEB JV Sets Landmark Tariff for Sri Lanka’s Large-Scale Solar PV Power Project

New Delhi, 22 January 2025: The joint venture (JV) between NTPC Limited and the Ceylon Electricity Board (CEB), TPCL (Trincomalee Power Company Limited, a 50:50 JV company registered in Sri Lanka) is developing a 50 MW (extendable to 120 MW) solar project in Sampoor, Trincomalee, Sri Lanka and has finalized a landmark tariff for the project after rounds of deliberations with various stakeholders in Sri Lanka.

It is learnt that the Hon’ble President of Sri Lanka, Mr Anura Kumara Dissanayake, in a public meeting confirmed that the final tariff for the Sampoor Solar project in Trincomalee, Sri Lanka has been set at 5.97 US cents per unit. This initiative will help diversify Sri Lanka’s energy mix with a significant boost to the country’s clean energy capacity and reduce dependence on fossil fuels.

The finalized tariff structure ensures long-term energy security while aligning with Sri Lanka’s ambitious renewable energy goals. With the increasing focus on renewable energy, the Sampoor Solar Project represents a major leap forward in Sri Lanka’s green energy agenda.

NTPC Limited is actively pursuing international investments in the energy sector, with a focus on renewable energy (RE) projects, including solar, wind, and hybrid power. The Sampoor project aligns with NTPC’s vision of “becoming the world’s leading power company” and reflects NTPC’s commitment to driving sustainable energy solutions in key international markets.

Dr. Bijayanand Panigrahi Honored with Invitation to Republic Day Celebrations in Delhi
Rabindra Sahu news
Dr. Bijayanand Panigrahi Honored with Invitation to Republic Day Celebrations in Delhi

Kotpad  22nd January 2025 Koraput Entrepreneur Invited to Delhi for Republic Day, Recognized for Significant Contribution During Pandemic – Entrepreneur Dr. Bijayanand Panigrahi

Dr. Bijayanand Panigrahi, an entrepreneur from Koraput, has been invited to Delhi to attend the Republic Day dinner hosted by the President of India. Recognized for his pivotal role during the COVID-19 pandemic, this invitation is a testament to his remarkable contributions.

Dr. Panigrahi, the founder of Bhubaneswar-based startup Bio-Pioneer Private Limited, played a critical role in 2020 by developing a Protease Inhibitor, a key raw material for pharmaceutical production. His innovation was a significant breakthrough during the pandemic and was supported by the Central Government’s Startup India initiative. Bio-Pioneer Private Limited, which began its journey in 2016, enabled large-scale production of this chemical compound, addressing a crucial need during the crisis.

In recognition of his achievements, Dr. Panigrahi has been invited by the President of India to attend the Republic Day dinner. Speaking on the occasion, Dr. Panigrahi expressed that this invitation is a great honor for him and a moment of pride for the entire Koraput region.

India Assist Collaborates with Uttar Pradesh Government for Mahakumbh 2025 and Statewide Tourist Information Centres
Rutuparna Rath news
India Assist Collaborates with Uttar Pradesh Government for Mahakumbh 2025 and Statewide Tourist Information Centres

New Delhi, 22 January 2025: India Assist, a leader in tech-enabled travel assistance, has partnered with the Uttar Pradesh Government to upscale the travel experience for millions of visitors during Mahakumbh 2025 and beyond. This ongoing collaboration sees India Assist actively operating Tourist Information Centres (TICs) within the Mahakumbh area in Prayagraj, along with additional TICs located at the city’s railway station and airport.

As Mahakumbh 2025 unfolds, drawing over 40 crore pilgrims and tourists from across India and abroad, India Assist’s dedicated TICs are proving to be pivotal in enhancing the travel experience. These centers are offering real-time assistance to visitors, providing guidance on navigation, local attractions, and crucial emergency support, such as medical aid and theft resolution. The initiative continues to showcase how technology and human-driven support come together to ensure travelers can confidently navigate the Mahakumbh, one of the largest human gatherings in the world.

Mr. Harish Khatri, Founder of India Assist, shared his enthusiasm for the collaboration, stating, “India is a country of diverse experiences and cultural treasures, and Mahakumbh stands as an incredible amalgamation of spiritual and cultural unity. Through this ongoing partnership, we are privileged to help millions of visitors celebrate this extraordinary event with ease and confidence. By blending innovative technology with on-ground human support, we ensure that every visitor feels guided and cared for throughout their journey.”

As the event continues, the TICs are not only offering immediate travel assistance but are also introducing visitors to the benefits of tech-enabled services, encouraging the use of digital tools for ongoing travel support. By seamlessly combining cutting-edge technology with local expertise, India Assist is enhancing the Mahakumbh experience and setting new standards for tourism across Uttar Pradesh.

Beyond Mahakumbh, India Assist’s role extends to managing a network of TICs in key cities across Uttar Pradesh, including Agra, Lucknow, Varanasi, Ayodhya, and others. These centers are providing visitors with timely information and assistance, ranging from basic inquiries to urgent support, ensuring that travelers’ journeys remain safe, enjoyable, and worry-free.

With the Ongoing Mahakumbh 2025, India Assist’s ongoing efforts reflect the growing potential of travel technology to elevate visitor experiences and strengthen Uttar Pradesh’s position as a leading global travel destination.

CloudTV Expands Content Lineup with Major Partnerships: Aha TV, Mask TV, JOJO, KLiKK, NeoTV Plus, and TravelXP
Rutuparna Rath news
CloudTV Expands Content Lineup with Major Partnerships: Aha TV, Mask TV, JOJO, KLiKK, NeoTV Plus, and TravelXP

Mumbai 22 January 2025: In a quest to meet the growing demand for a seamless and user-friendly entertainment experience, CloudTV, India’s first and only TV operating system announced strategic partnerships with Aha TV, Mask TV, JOJO, Ultra Jhakass, KLiKK, NeoTV+, and TravelXP. These collaborations are set to enhance CloudTV’s robust content offerings, catering to the unique entertainment preferences of viewers across India by delivering diverse, genre-specific programming tailored to regional and cultural sensibilities.

This collaboration with streaming services across multiple regional languages in the country will help build an extensive content repository to serve CloudTV’s ever-expanding 12-18 million user base. Bringing together a rich blend of content that will power its 6+ million devices and is set to pave the way for India’s rapidly growing Smart TV OS industry.

In light of the recent partnerships, Abhijeet Rajpurohit, COO and Co-Founder, CloudTV, said, “Our goal has always been to provide the best content for the users and expand the range of offerings to our customers. Understanding the Indian market, and with our goal to also support local and regional partners, we want regional entertainment to be more accessible to our viewers. With these partnerships, our users will have access to the most popular and widely spoken languages in the country such as Hindi, Bengali, Tamil, and Telugu. This partnership is aimed at advancing the digital entertainment sector and establishing CloudTV as the go-to platform for Smart TV brands seeking to offer a content-rich experience to their users.”

CloudTV, an Indian TV operating system designed to cater to the distinct tastes of Indian viewers, is redefining the Smart TV experience. Its recent collaboration with ZEE5 brings an expansive content library to CloudTV-powered Smart TVs, complemented by a rich selection of diverse applications, including

  • Aha TV: A Telugu and Tamil content platform featuring blockbuster movies, shows, and originals.
  • Mask TV: Offering fresh entertainment through movies, series, and unique storytelling.
  • JOJO: A platform for kids and families, packed with engaging and educational programs.
  • Ultra Jhakass: A Marathi OTT platform offering films, shows, and kids’ content.
  • KLiKK: Bengali streaming platform offering a mix of movies, series, and original content.
  • NeoTV+: A FAST channel platform offering live TV channels across news, sports, lifestyle, and entertainment in multiple regional languages.
  • TravelXP: TravelXP is a global travel media network offering immersive travel content, including documentaries, destination guides, and lifestyle shows.

In addition to the several content partnerships, CloudTV and JioAds recently announced their partnership to revolutionize CTV advertising in India. This collaboration aims to unlock the next generation of innovative advertising solution for India’s diverse market. This partnership will be driving the growth of CTV ads landscape in India delivering value to advertisers and the consumers with content that resonates.

CloudTV’s rising adoption rates in Northern (50%) and Western (35%) markets highlight its success in meeting the entertainment demands of Indian viewers. Featuring an intuitive interface and user-friendly design, CloudTV enables seamless channel navigation and personalized Smart TV experiences. By offering effortless access to a wide variety of content, it bridges the gap between technology and entertainment, delivering a tailored, immersive, and hassle-free viewing experience for audiences across India.