ITV

Tag: Lokmat Media Group

  • Capri Global Capital receives corporate agency license from IRDAI

    Capri Global Capital receives corporate agency license from IRDAI

    Mumbai: Capri Global Capital Limited (CGCL) has received a Composite Corporate Agency license from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute life, general, and health insurance products. This will help CGCL further diversify its product offerings and strengthen its fee income.

    CGCL aims to leverage its robust branch network in north and west India to cross-sell insurance products. CGCL shall offer tailored insurance solutions to its borrower clients giving them an option to cover themselves comprehensively against life and non-life risks.  

    CGCL offers retail loans in MSME, affordable housing, and gold loan segments. The company mainly lends to borrowers in the self-employed non-professional category. CGCLs consolidated AUM stood at Rs123.6 bn (59 per cent YoY) as of September 2023. The non-interest income for half-year ended Sep23 was Rs1, 607mn (58 per cent YoY).

    Speaking on the occasion, CGCL MD & CEO Rajesh Sharma stated, CGCLs active client base increased 5x YoY to 270 K as of September 2023.The rapidly increasing client relationships offers CGCL a captive base to improve insurance penetration and contribute to the Insuring India by 2047 mission. This will also help CGCL strengthen its fee income and deliver better returns to its stakeholders. The company expects to generate a net fee income of Rs 200 mn from insurance cross-sell in FY25.

  • Lokmat Most Stylish Awards is back with its seventh edition

    Lokmat Most Stylish Awards is back with its seventh edition

    Mumbai: Lokmat Most Stylish Awards is back with the seventh edition, bringing forth India’s most prestigious accolades that honor the biggest stars and exceptional talents. Scheduled for 12 September 2023, at the ST. Regis in Lower Parel, this year’s event promises to be an exquisite celebration of style and achievement. The event will be hosted by Maniesh Paul, one of the most versatile anchors in the industry.

    Igniting the stage anew, the Lokmat Most Stylish Awards will witness an evening of Bollywood stars and leading influencers as they join the red carpet with their unparalleled sense of style. Building upon the legacy of past years, where popular stars including Salman Khan, Rashmika Mandanna, Hrithik Roshan, Ranveer Singh, Ajay Devgan, Karan Johar, Sara Ali Khan, Deepika Padukone, Sonam Kapoor, Abhishek Bachchan, Vidya Balan, Raveena Tandon, Jackie Shroff, Riteish Deshmukh, Mrunal Thakur, Kartik Aryan, Shraddha Kapoor, Ananya Panday, Radhika Apte, Ayushmann Khurrana, Jhanvi Kapoor, Malaika Arora and many more who added to the event’s brilliance, the seventh edition promises to continue this tradition of grandeur.

    The much anticipated Lokmat Awards serve as a source of inspiration, urging people to appreciate India’s diverse culture, talents, and emerging trends. This prestigious event will honour individuals who take the initiative, value uniqueness and achieve success in their chosen fields. The remarkable event will be graced by prominent figures from entertainment, fashion, business, sports, industry, and politics, adding to its attraction. This year’s event has Amazon as one of its partners.

    Lokmat Most Stylish Awards have truly become iconic symbols of style, flair, and fashion. They go beyond considerations of age, gender, or occupation, acknowledging a unifying style that stretches across business, politics, sports, and leisure, creating an exceptional display that brings the nation together.

    Lokmat Most Stylish founder and Lokmat Media Group joint managing and editorial director Rishi Darda said, “The Lokmat Most Stylish Awards are an expression that acknowledges and empowers personalities that drive change and inspire people around us. The 7th edition will undoubtedly magnify this vision with increased grandeur, beauty, and style.”