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    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
    The Government of India to launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) in the Union Territories of Chandigarh ...
    India and the Southern African Customs Union (SACU) sign Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement
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    After nine years at helm, N Chandra to exit Tata Sons amid expansion, governance standoff
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    Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global
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August 13, 2026
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Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
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Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
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Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
August 13, 2026
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Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
August 13, 2026
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Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
August 13, 2026
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Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
August 13, 2026
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CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
August 13, 2026
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Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
August 12, 2026
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Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
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Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
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Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.

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The Torchbearers: Leading with Purpose and Passion

January 27, 2026

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CHANDIGARH, India, Jan. 27, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly presents The Torchbearers: Leading with Purpose and Passion. Beyond conventional roles, they stand as mentors and change-makers, inspiring ethical leadership, creativity, and social responsibility. Through visionary impact and community engagement, they shape progress and leave a lasting legacy for future generations. Dr. Sushant Rajput: Dr. Sushant Rajput is a senior business leader, award-winning author, TEDx speaker, and mentor, recognised for driving business growth at the intersection of strategy, execution, and human potential. Currently Vice President at eClerx Services Ltd., he brings over two decades of leadership experience across IT services, financial markets, and digital transformation. His career reflects a belief in purposeful reinvention, moving beyond linear paths to create scalable impact while nurturing people, culture, and long-term value. He has enabled growth initiatives, strengthened organisational capabilities, and translated complex market dynamics into sustainable outcomes. Alongside his corporate role, he is an Amazon bestselling author of I Wish Someone Told Me This Before My First Job and Mindful Momentum, promoting clarity, consistency, and mindful leadership. As a visiting faculty member and mentor, he bridges corporate practice with academic learning, earning honours from the University of Oxford for thought leadership and student development, globally recognized. Daman Derling: Daman Derling, mult. h.c., is a globally respected authority in mantra, yajna, tantra, and astrology, with over 25 years of dedicated practice in ancient metaphysical sciences. Known for integrating timeless Eastern wisdom with modern leadership and consciousness studies, he has guided individuals, institutions, and global organizations toward clarity, balance, and purposeful transformation. A trusted advisor to world leaders, entrepreneurs, and public figures, his work is valued for its authenticity, precision, and measurable impact. Beyond spiritual guidance, his influence extends to global policy and cultural advocacy through his role as a Board Member of the World Cultural and Environmental Commission, where he champions cultural preservation, ecological harmony, and social well-being. His journey has been featured across India Today, Business Today, Forbes, Times of India, Hindustan Times, The CEO Magazine, Dailyhunt, and Google News. Honored with global leadership, international excellence, spiritual impact, and cultural ambassador awards, Daman Derling stands as beacon. Dr. Ganesh Reddy: Dr. Ganesh Reddy is a dynamic edupreneur, purpose-driven institution architect, and emerging fiction author creating impact at the intersection of education, entrepreneurship, and social development. An accomplished academic and mentor, he will make his literary debut with a fiction novel releasing in February 2026, reflecting his lifelong passion for storytelling and creative expression. As a pioneering education leader, Dr. Reddy heads a rapidly expanding school franchise network across India, committed to delivering future-ready learning grounded in innovation, ethics, and strong value systems. His model nurtures confident learners while empowering educators and partners to build sustainable ecosystems of excellence. Extending his vision beyond education, he is entering the healthcare sector with a mission to improve accessibility, raise quality benchmarks, and promote ethical service delivery. This expansion reflects his belief that lasting progress emerges from purpose-driven institutions. Balancing enterprise with creativity, Dr. Ganesh Reddy blends leadership and imagination with lasting impact. Dr. Sanjeev Kumar: In an era of fleeting digital narratives, Dr. Sanjeev Kumar stands as a leading voice restoring depth and purpose to modern Hindi literature. Rising from rural Uttar Pradesh to national and global platforms, his journey reflects disciplined scholarship and unwavering cultural conviction. With more than 283 published books spanning literature, children's writing, and authoritative legal works, he ranks among India's most prolific contemporary authors. His revival of Prabandh Kavya has reintroduced classical epic poetry to modern audiences, blending tradition with present-day relevance. His contributions to children's literature further nurture values, imagination, and cultural awareness among young readers. Beyond literature, his engagement with legal scholarship and work connected to the Supreme Court of India reveal a rare synthesis of intellectual rigor and ethical responsibility. As founder of Vama Academy and BPA Foundation, he remains deeply committed to education and social empowerment. Dr. Sanjeev Kumar is an institution shaping India's future. Prof. Dr. Anshuman Naik: Prof. Dr. Anshuman Naik, MBBS, MD, offers online consultation via WhatsApp (9556477997) for diabetes, obesity, post-menopausal syndrome, PCOD, and thyroid disorders. Widely known as the "True Enemy of Diabetes" and a one-man army against metabolic disorders, Dr. Naik holds a Diploma in Endocrinology and Diabetes and is a Fellow of Diabetes India, the Euro-Asian Academy of Clinical Diabetology, and the Indian Society of Chronomedicine. He has also completed the Advanced Management of Diabetes and Related Disorders program from Harvard Medical School. Over the past decade, Dr. Naik has treated more than one lakh people with diabetes using an integrative approach focused on yoga, exercise, home-based nutrition, and minimal medication. In 2012, he established Sweet Life Diabetes Care & Research Center in the tribal district of Sundergarh, Odisha. His contributions have earned multiple accolades, including the Best Diabetologist Award conferred by the Governor of Maharashtra for outstanding service and impact. Dr. Abhijeet Kumar Shrivastaw: Dr. Abhijeet Kumar Shrivastaw is a visionary technology leader and social changemaker working at the intersection of innovation, education, and community development. Founder and Director of Abhinnovation Technologies Pvt. Ltd., Tech Q Labs LLP and Abhinnovation media and entertainment he has pioneered secure, scalable, future-ready online examination and EdTech solutions that enhance efficiency, transparency, and reliability for institutions. With over a decade of experience, he has delivered high-impact projects for government, defence, and private organizations, earning recognition for strategic leadership and operational excellence. His platforms have benefited thousands of institutions and learners across India, redefining digital assessment ecosystems. Equally significant is his commitment to social service. Actively associated with human rights and youth organizations, he leads initiatives focused on education access, community welfare, and inclusive development, reflecting leadership rooted in purpose and compassion. His contributions have been widely recognized through features in Forbes India, India Today, Business Today, CEO Magazine, and Times of India. Hotel Amber Palace : Hotel Amber Palace, the globally recognized hospitality brand associated with Chinese cinema-linked actor and entrepreneur Dev Raturi, has marked its India debut with the launch of its first project in Gurugram. Located in Sector 14, the hotel was formally inaugurated by Gurugram MLA Mukesh Sharma, who attended as the chief guest. Praising the visionary leadership of Founder & CEO Dev Raturi, the MLA highlighted his achievement of building China's largest chain of Indian cultural restaurants and bringing that international expertise back to India. The launch was attended by over 100 distinguished guests from across the country, who appreciated the hotel's premium ambience and modern facilities. Hotel Amber Palace offers 36 premium rooms, a state-of-the-art banquet hall, and a rooftop garden restaurant serving authentic Indian and Chinese cuisine. Designed for business travelers, families, corporate events, and social gatherings, Amber Palace aims to become a new premium hospitality destination in Gurugram. Dr. Balakrishna S. Maddodi: Dr. Balakrishna S. Maddodi is an eminent professor at Manipal Institute of Technology and a widely respected academician, researcher, and environmental advocate. He is a recipient of the prestigious Udupi Zilla Rajyotsava Award for planting more than 5,000 saplings and successfully replanting ten mature trees, reflecting his deep commitment to ecological restoration. His academic contributions include publishing numerous research papers on environmental sustainability and education, authoring three books on Earth science and geology, and developing curricula for environmental studies and sustainability programs. As a member of the State Expert Appraisal Committee (SEAC), Government of India, Dr. Maddodi has guided and evaluated multiple projects focused on environmental conservation and community development. Actively engaged in social service, he works with several NGOs dedicated to sustainability initiatives. He has organized beach clean-up drives and awareness programs across Coastal Karnataka, collaborating with government agencies to inspire environmental responsibility among young minds. Globally recognized. Dr. Gaurav Sagar Bhaskar: In a world driven by titles and applause, Dr. Gaurav Sagar Bhaskar chooses a quieter yet deeper path, leading with empathy, humility, and purpose. With over two decades of experience, he defines success not by numbers, but by the lives he uplifts and the hope he inspires. As General Secretary of the MLB Foundation, he works tirelessly at the grassroots, advancing education, elder dignity, and community empowerment. A strong believer that "old is gold," he actively champions respect for senior citizens, rebuilding intergenerational bonds through awareness and action. His contributions to education through Vivekananda World School & Vivekananda Junior reflect a commitment to excellence built patiently and sustainably. He further amplified local voices by launching Ferozepur's first Community Radio Station, strengthening civic connection. From medical camps and relief initiatives to preserving culture through the All India Mushaira, Dr. Bhaskar leads from the front, quietly but powerfully changing lives and shaping a more compassionate society. By establishing Barbados-A Resort in the border town of Ferozepur, he brought world-class, state-of-the-art hospitality to the region. Mr. Deepak Sharma: Partywalaz has emerged as a global benchmark in NRI wedding catering, where food represents trust, hygiene, and flawless execution. Led by Deepak Sharma, the brand specializes in destination and NRI weddings, delivering refined culinary experiences that meet international expectations while preserving the authentic essence of Indian cuisine. Over the last five years, Partywalaz has successfully catered 240+ NRI weddings, serving Indian-origin families from the USA, Europe, Australia, and France, reflecting its premium positioning and reliability. Known for its "hygiene over quantity" philosophy, the company follows stringent kitchen protocols, disciplined service standards, and premium ingredient sourcing—qualities valued by globally travelled clients. Partywalaz is trusted across iconic wedding destinations such as Jaipur, Jodhpur, Udaipur, and Pushkar, where precision is paramount. With expertise in cross-cultural preferences and destination logistics, Partywalaz ensures seamless celebrations. For NRI families seeking elegance, safety, and unforgettable taste, Partywalaz stands as a global symbol of trust. Kiteskraft Productions LLP, founded in 2019, is a leading organizer of national and international conferences and award ceremonies across education, business, healthcare, NGOs, and entertainment. ISO and MSME certified, it recognizes excellence, fosters collaboration, and delivers impactful events. Recognized by the Scholar's Book of World Records. Photo: https://mma.prnewswire.com/media/2870367/The_Torchbearers.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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