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    India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
    Judiciary proactively responded to emerging fraudulent schemes like digital arrest: CJI
    After HC rap, FDA withdraws licence cancellation and suspension orders against Cipla, MCA eateries
    HC slams FDA for ‘pedantic’ view, clears reopening of 5 eateries at MCA premises
    Commerce Secretary Shri Rajesh Agrawal Leads 4th India–Argentina JTC Meeting; Both Sides Reaffirm Commitment to Deepen Strategic and Economic Partne...
    MCA convenes ‘Tech for Professionals’ Workshop on Building India’s Digital Infrastructure for Professional Services
    DRI seizes 76 kg methamphetamine tablets in two operations along North-Eastern frontier
    Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
    Sebi bars Debock Industries, its MD Mukesh Singh for 7 years; slaps penalty
    CPI(M) hits out at NCLT over Subhash Chandra's Rs 6.5-Cr repayment plan against Rs 22,006-Cr claims
    Good corporate governance central to India's development: Jitendra Singh
    DHFL case: ED freezes bank deposits worth Rs 51.75 crore
    Comprehensive set of reforms undertaken to simplify defence export SOP: MoD
    Jio Platforms gets Sebi nod for $3.8-bn IPO, set to be India's biggest
    Gold declines for 3rd day, prices tumble Rs 3,300 as US dollar gains strength
    Rs 53 lakh cr transferred to govt beneficiaries through DBT, mostly to Jan Dhan accounts in 12 years
    Forex kitty jumps USD 12.42 bn to all-time high of USD 729.3 bn
    Jio Platforms gets Sebi nod to launch IPO
    PM Jan Dhan Yojana has had unparalleled impact, transformative outcomes: PM Modi
    Bajaj Finance Personal Loan Offers Flexible Repayment Options with Loan Utsav 2026 Benefits
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August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.
August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
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Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
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Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
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Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.
August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.

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Leadership Beyond Boundaries: India's Visionaries Driving Multi-Sector Transformation

January 5, 2026

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CHANDIGARH, India, Jan. 5, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly celebrates ten distinguished personalities whose leadership, creativity, and influence are shaping India's dynamic growth story across diverse domains. From visionary business leaders and trailblazing entrepreneurs to social activists, filmmakers, designers, sports professionals, infrastructure pioneers, and accomplished writers, these changemakers represent the spirit of a new India driven by purpose and progress. Each honoree has carved a unique path—building enterprises, transforming communities, redefining creative expression, strengthening infrastructure, promoting sportsmanship, and contributing powerful ideas through the written word. Their journeys reflect resilience, innovation, and a deep commitment to nation-building. Together, they embody a growing movement of excellence that transcends industries, inspires future generations, and lays the foundation for sustainable and inclusive development. Dr. Luv Bhardwaj: Dr. Luv Bhardwaj stands as a distinguished example of ethical entrepreneurship and service-oriented leadership in contemporary India. A graduate in Political Science from Ramjas College, he began his journey in the export sector with the founding of Rangoli Export in 1994, laying the foundation for a business philosophy rooted in integrity and purpose. Over the years, he expanded into FMCG, early-childhood education, and legal services through ventures such as Richfield Industries, Udgam Pre School, and Vista Law Partners. His work reflects a belief that enterprise must balance growth with empathy and cultural values. Honoured with an Honorary Doctorate and global excellence awards, he continues to inspire through service, mentorship, and his forthcoming book Dharmachar, which translates timeless Indian wisdom for modern leadership. Apong Gyadi Taniang: Apong Gyadi Flago, also known as Taniang, is regarded as one of Arunachal Pradesh's most influential emerging leaders, admired for her work as a social activist, philanthropist, entrepreneur, and community advocate. As Vice President of Nyishi Nyem Acham, she has actively advanced grassroots development, women's empowerment, and social justice initiatives across the state. Her notable philanthropy includes donating 20,000 square meters of land for a Christian Mission School to support underprivileged children. Deeply committed to women's welfare, she mobilized widow support funds, providing financial assistance and dignity to vulnerable families. She is a vocal supporter of the #JusticeForTaduHaro movement and became the first individual in Arunachal Pradesh to adopt a hornbill, highlighting her dedication to conservation. Her impactful contributions. V Rajagopal: IEFS PARIS, the internationally acclaimed film production house with a strong presence across India, France, and the United Kingdom, has announced a historic global action feature poised to redefine Indian cinema worldwide. Founded by veteran industry professional V. Rajagopal, the studio achieves a landmark first as the project becomes the first Indian feature film to secure the Indo–China Co-Production Film Permit Certificate, enabling direct theatrical release in Mainland China and opening an unprecedented global distribution corridor. Creative development is led by internationally celebrated filmmaker Alex Rodriguez of Money Heist fame, while direction is helmed by legendary Hong Kong–Chinese filmmaker Mr. Herman Yau, whose career spans over 80 iconic films. The film unites leading stars from India, China, and key global markets, supported by world-class international technicians. Backed by a massive production budget and bold vision, it will release simultaneously across more than 40,000 screens worldwide, marking a defining moment. Mohd Akram Khan: Founded in 2018, A.K. Projects has emerged as a symbol of excellence in interior and exterior design, delivering end-to-end solutions across Mumbai and Uttar Pradesh. Driven by a passion for design and uncompromising quality, the firm transforms ordinary spaces into elegant, functional, and inspiring environments. Specializing in residential, commercial, and corporate interiors, it offers comprehensive services including civil execution, space planning, custom furniture, electrical works, POP, painting, HVAC, and project management. Each assignment is thoughtfully conceptualized and meticulously executed by a skilled professional team, ensuring superior craftsmanship and timely delivery. What truly differentiates A.K. Projects is its client-centric approach, seamlessly blending creativity with practicality while offering cost-effective solutions without compromising standards. Guided by a clear vision of innovation and reliability. Master J. S. Krithvik Arya: A Young Prodigy Redefining Early-Age Sports Excellence in India Master J. S. Krithvik Arya, a five-year-old sporting prodigy from Tamil Nadu, is rapidly emerging as one of India's youngest and most inspiring athletes. Introduced to the ancient martial art of Silambam at just three, he quickly showcased exceptional discipline, focus, and technical skill far beyond his age. His dedication has earned him multiple district and state-level accolades, along with the prestigious 'Best Young Silambam Performer of the Year' award by Kiteskraft Production. Alongside martial arts, Krithvik has impressed trainers with his passion for Marathon running, displaying remarkable stamina and mental resilience. Supported by devoted parents and expert coaching, he is becoming a symbol of early-age sports excellence, inspiring renewed interest in traditional Indian sports and motivating young aspirants nationwide. Rajdeep Bhattacharya: Rajdeep Bhattacharya is a distinguished leader in India's infrastructure sector, with over three decades of experience spanning metro rail, highways, industrial, marine, and nuclear projects. A seasoned civil engineer and strategic executive, he is widely respected for combining technical excellence with strong business and governance acumen. Currently serving as Chief Project Officer at Leap India Foods & Logistics Ltd., he leads a ₹3,000+ crore project portfolio with a focus on sustainability, ESG integration, and operational excellence. His career includes senior roles at Maharashtra Metro Rail Corporation, AECOM, Larsen & Toubro, JKumar Infraprojects, and Gammon India. An alumnus of IIM, XLRI, and KPMG, and a certified PMP and Independent Director, he continues to shape India's infrastructure future with vision, precision, and purpose. Srinivasulu Dhanala : Founded in 2024 by Srinivasulu Dhanala, Microgreens De Manikonda (MGM) reflects Hyderabad's growing movement toward clean, conscious, and sustainable nutrition. What began as a personal initiative to access dependable, chemical-free food has rapidly evolved into one of India's largest controlled indoor microgreens farms, expanding from 80 square feet to 2,700 square feet within a short span. Operating in a soil-free and chemical-free environment, MGM cultivates over 25 varieties of nutrient-rich microgreens, harvesting strictly against confirmed orders to ensure peak freshness and nutritional integrity. Trusted by households, restaurants, dieticians, and fitness enthusiasts, the brand is known for its transparency and consistency. Beyond cultivation, MGM promotes nutrition awareness through workshops, podcasts, and guided farm visits, reinforcing its commitment to healthier urban lifestyles. Dr. Rakesh Kumar Sinha: Dr. Rakesh Kumar Sinha is a distinguished leader in India's industrial and business excellence landscape, widely respected for advancing operational efficiency, quality systems, and organizational transformation. Currently President of Thrive India and former Chief Operating Officer of Confidence Petroleum India Limited, he brings over three decades of cross-industry leadership experience. His career spans operations management, multi-plant manufacturing, project execution, and integrated management systems across energy, engineering, packaging, and manufacturing sectors. Known for aligning profitability with sustainability, he has driven record productivity improvements and successful large-scale expansions nationwide. A Doctorate holder in Business Excellence and a Six Sigma Master Black Belt, he continues to guide organizations through strategic governance, talent development, and continuous improvement, shaping a future-ready industrial ecosystem nationwide. Dr. Masanipalli Peramandlu: Dr. Masanipalli Peramandlu, a Hyderabad-based real estate entrepreneur, exemplifies rare, fully self-sponsored social leadership in India. For over 17 years, every initiative of the Chatrapathi Shivaji Foundation in Bibipet, Kamareddy, has been funded solely from his personal earnings, inspired by his late mother Masanipalli Suvarnamma's philosophy of selfless service. His initiatives span healthcare, education, environment, culture, spirituality, sports, and women's empowerment. A free ambulance service has saved over 1,000 lives, while long-term efforts include education support for orphaned girls, sanitation facilities, water camps, libraries, skill-training centers, and large-scale environmental drives. Nationally recognized with prestigious awards, his journey reflects leadership where success is defined not by wealth accumulated, but by lives transformed across communities, inspiring responsible citizenship and sustainable development. Mr. Vikram Kamrendra Singh: Prof. Dr. Madan Chandra Karan is a renowned educationist and internationally acclaimed writer whose contributions to literature and academia have earned global recognition. With academic credentials including MA, MPhil, PhD, and multiple honorary D.Litt titles, he is widely respected for his scholarly depth and creative excellence. Writing fluently in Bengali, Hindi, and English, he has authored several acclaimed works such as Jannater Samsar, Madan Manjari, The Communalism and Counter Communalism, Adrishya Pira, and The Unseen Agony. His writings reflect strong human values, social consciousness, and cultural harmony, many of which have been translated into other languages. Honored with prestigious national and international awards from India, the UK, USA, Germany, and Bangladesh, he continues to inspire readers, scholars, and students worldwide. About Kiteskraft Productions LLP Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more. Photo: https://mma.prnewswire.com/media/2854191/Leadership_Beyond_Boundaries.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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