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    India–Nepal Inter-Governmental Sub-Committee on Trade, Transit and Cooperation to Control Unauthorised Trade Meets in New Delhi
    OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ₹832 Crore through a Preferential Issue of Securities
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September 18, 2026
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Customs cooperation and trade facilitation advance electronic origin verification, pre-arrival information exchange, and safeguards against preferential trade misuse.
Customs cooperation and trade facilitation measures included pre-arrival information exchange, electronic verification of Certificates of Origin, and Customs automation and digitalisation. These measures are directed at facilitating legitimate trade while ensuring compliance with applicable rules and preventing misuse of preferential trade arrangements. Rail and road connectivity, freight movement, Integrated Check Posts and land-port infrastructure were reviewed to improve infrastructure utilisation and address operational bottlenecks affecting bilateral and transit trade.
September 18, 2026
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Preferential equity issuance approved to strengthen capital, support digital lending expansion, and fund subsidiary operations subject to required approvals.
OnEMI Technology Solutions Limited has approved a preferential issue of equity shares to identified investors, subject to shareholder and requisite regulatory and statutory approvals. The issuance is proposed under the Companies Act, 2013, the SEBI capital-issue and disclosure framework, other applicable SEBI regulations, and applicable law. Seventy-five per cent of the additional capital raised is proposed for infusion into its wholly owned subsidiary to support lending, technology, digital capabilities and product expansion, while the remaining twenty-five per cent is proposed for general corporate purposes.
September 18, 2026
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Fraudulent input tax credit claims through bogus invoices prompted arrest over alleged invoicing without actual supply of goods.
Alleged fraudulent availment, utilisation and passing on of inadmissible input tax credit involved invoices from purported suppliers found to be non-existent, non-functional, suspended or cancelled. Input tax credit was allegedly claimed without actual receipt of goods and passed on through invoices unsupported by corresponding supplies. Following investigation and recorded statements, the proprietor of an iron and steel trading firm was arrested under statutory arrest powers, while further investigation remains in progress.
September 18, 2026
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Direct tax collections: stronger advance tax payments support growth in corporate, non-corporate, and securities transaction tax receipts.
Direct tax collections grew through September 17, supported principally by increased advance tax payments from corporate and non-corporate taxpayers. Gross collections exceeded Rs 14.32 lakh crore, while net collections, after refunds, exceeded Rs 12.12 lakh crore. Corporate tax collections grew more strongly than non-corporate tax collections, and Securities Transactions Tax receipts recorded significant growth. The trend indicated broad-based tax buoyancy, supported by underlying economic activity, taxpayer confidence and business performance.
September 18, 2026
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Reusable consent-based KYC enables integrated onboarding, reporting, record updates and periodic re-verification for regulated financial institutions.
Central KYC-based onboarding enables regulated financial institutions to reuse a customer's existing verified identity record through the Central KYC Registry with customer consent. The integrated solution supports onboarding, KYC reporting, unsolicited notifications and re-KYC. It retrieves consented KYC records through CKYC APIs, uses facial matching or video-based customer identification for authentication, and applies AI-based duplicate detection. Reporting automates validation, image correction and real-time registry submission, while record updates and simplified periodic re-verification support the currency of institutional KYC information.
September 18, 2026
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Benchmark interest rate normalisation raises borrowing costs while monetary policy monitors inflation, wage growth, currency risks, and economic recovery.
The Bank of Japan increased the uncollateralised overnight call rate from 1.0 per cent to 1.25 per cent, advancing monetary-policy normalisation after a prolonged period of near-zero or negative rates. The increase was assessed against gradual economic recovery, inflation near its target, wage growth, currency fluctuations, elevated crude oil prices, and external risks. Further tightening remains contingent on stable price increases, wage developments, and monitoring of other risks.
September 18, 2026
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Direct tax collections reflect stronger advance tax payments, alongside increased corporate tax, securities transaction tax, and refund issuance.
Net direct-tax collections exceeded Rs 12.12 lakh crore through 17 September, reflecting 13 per cent growth following increased advance-tax receipts. Gross direct-tax collections exceeded Rs 14.32 lakh crore, while refunds exceeded Rs 2.20 lakh crore. Corporate-tax and non-corporate tax collections increased, as did Securities Transaction Tax collections. Advance-tax receipts exceeded Rs 5.22 lakh crore, comprising increased corporate advance tax and non-corporate advance tax payments.
September 18, 2026
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Upper-layer NBFC listing compliance sharpens corporate governance conflict over public accountability, shareholder liquidity, and preservation of private ownership.
Tata Sons' status as an upper-layer non-banking financial company has brought its proposed public listing into focus after the Reserve Bank of India rejected its application to voluntarily surrender core investment company registration. Tata Sons is required to take steps to comply with the enhanced regulatory framework applicable to upper-layer NBFCs, which includes stock-market listing. Classified in 2022, Tata Sons did not meet the original listing deadline and had pursued deregistration after repaying debt.
September 18, 2026
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Upper-layer NBFC compliance places Tata Sons on a listing-oriented path emphasising transparency, governance, shareholder visibility, and philanthropic continuity.
Reserve Bank of India rejection of Tata Sons' application to surrender its core investment company registration requires compliance with the upper-layer non-banking financial company regulatory framework. The resulting regulatory path is associated with public listing. Shapoor Mistry supports listing as a means to enhance transparency, shareholder visibility, and corporate governance accountability, while potentially clarifying the holding company's value and supporting a durable flow of value towards charitable activities without compromising Tata's philanthropic mission.
September 18, 2026
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Duty-free market access will cover all covered exports upon entry into force under the bilateral free trade agreement.
Upon entry into force, the India-New Zealand Free Trade Agreement grants duty-free access in New Zealand for 100 per cent of Indian exports, including textiles and apparel, leather and footwear, engineering goods, pharmaceuticals, agriculture, and processed food products. It also provides enhanced preferential access to the Indian market for specified New Zealand exports. The Agreement further covers services, investment, professional, student and youth mobility, and cooperation in agricultural productivity, pharmaceuticals and medical devices, traditional medicine and AYUSH, technology, and trade facilitation.
September 18, 2026
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Competition clearance for additional shareholding acquisition facilitates increased investment in Azure Power's renewable energy business by OMERS Infrastructure.
Competition approval has been granted for a proposed combination involving OMERS Infrastructure Asia Holdings Pte. Ltd.'s acquisition of certain additional shareholding in Azure Power Global Limited from CDPQ Infrastructures Asia Pte. Ltd. Azure Power Global Limited is the parent entity of the Azure group, which establishes and operates renewable energy plants and sells solar power in India.
September 18, 2026
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Competition approval for interconnected acquisitions enables shared equity acquisition in Great White and sole control acquisition in ITVIS.
Competition-law approval covers an interconnected combination involving acquisition of 50% of Great White Global Private Limited's issued and paid-up equity share capital by EAAA Acquiring Entities and the Continuing Promoter group, through inter-connected steps using an acquisition special purpose vehicle that will merge into Great White. The combination also includes Mr. Mehul Shah's acquisition of sole control over ITVIS Innovations Private Limited.
September 18, 2026
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Competition approval for acquiring three Royals franchises covers cross-border professional cricket franchise ownership interests and related transaction arrangements.
Competition Commission of India granted competition approval for the proposed combination involving Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited acquiring the Rajasthan Royals, Paarl Royals and Barbados Royals professional cricket franchises. The franchises operate respectively in India, South Africa and Barbados, with Rajasthan Royals participating in the Indian Premier League T20 cricket tournament organised by the Board of Control for Cricket in India.
September 17, 2026
Show AI Summary
Sanctions bill permits punitive tariffs on oil and gas trading partners, raising energy-market and bilateral relationship concerns.
United States sanctions bill concerning Russia would authorize the President to impose sanctions on Russia and punitive tariffs of up to 100 per cent on nations importing Russian crude oil. The tariff mechanism may affect oil and gas trading partners, bilateral relations and global energy markets, with concern expressed over its implications for energy trade.
September 17, 2026
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Secondary sanctions on Russian energy trade could expose major crude importers to punitive tariffs and economic pressure.
Congressional legislation targeting Russia and Iran would authorise sanctions against Russia's leadership, energy sector, and vessels facilitating evasion of oil-delivery restrictions. It would also permit punitive tariffs of up to 100 per cent on leading trading partners continuing to import Russian oil and gas. India has identified possible effects on bilateral economic relations and the international energy market, while maintaining that diversified sourcing is necessary for energy security and that its trade and economic interests will be protected.
September 17, 2026
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Trust-nominated director consent shapes the contested chairmanship reappointment as regulatory classification renews pressure to consider a stock-market listing.
Validity of the reappointment is therefore contested under the company's internal governance framework despite the majority board vote, and the appointment is expected to be considered for ratification at the annual general meeting. The dispute also concerns the distinction between shareholder influence and directors' decision-making duties. A Trust sought to direct its nominee director to oppose a listing, but the director declined on the basis of independent director duties.
September 17, 2026
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Selective capital reduction offers a proposed shareholder-liquidity route while preserving private-company status, subject to valuation and approval scrutiny.
Tata Trusts has placed before the Tata Sons board a framework for the Shapoorji Pallonji Group to monetise part of its Tata Sons shareholding without requiring a public listing. The transaction would be valued under Rule 11UA principles, completed in two tranches over 18 months, and require Tata Sons to commence a selective capital reduction process before the National Company Law Tribunal. Completion remains contingent on financing capacity, regulatory and tribunal approvals, and scrutiny of valuation, shareholder treatment, and the legal validity of the capital-reduction structure.
September 17, 2026
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Board chair reappointment validity turns on mandatory nominee-director approval, amid separate listing-compliance and succession disputes.
Tata Sons' board reappointed its executive chairman by majority vote, but Tata Trusts contend that the resolution is void under the Articles of Association because both Trust-nominated directors must approve a chairmanship resolution. The dispute also concerns the effect of the chairman's earlier decision to step aside, an ongoing successor-selection process, and uncertainty over a nominee director's status following a failed general meeting. Separately, the rejection of Tata Sons' deregistration request has revived questions over compliance with the listing requirement applicable to an upper-layer non-banking financial company.
September 17, 2026
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Deep-sea fishing access supports export-oriented harvesting of high-value species, with foreign-port high-seas landings recognised as exports.
Deep-sea fishing policy promotes expansion of fishing operations within India's Exclusive Economic Zone (EEZ) and on the high seas to increase fisherfolk income through exports of high-value species. High-seas catch classification has been altered so that fish caught on the high seas and offloaded at a foreign port are treated as exports rather than imports.
September 17, 2026
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Merchant discount rate on eligible UPI payments places charges on merchants while preserving consumer protections and small merchant exemptions.
Merchant Discount Rate at 0.4 per cent will apply from October 15 to person-to-merchant UPI payments above Rs 2,000, payable by merchants and subject to a cap for high-value transactions. Individual transfers and most everyday merchant payments remain free, while eligible small QR-code merchants are exempt. Essential-service payments and capital-market transactions receive separate fee treatment, and a portion of MDR collections will support small-merchant UPI adoption.

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ILCI® Hosts Grand Image Fiesta Season 4 in New Delhi, Honours 17 Achievers and Brings Global Dignitaries & Indusry Leaders Together

September 22, 2026

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New Delhi, September 22, 2026: The Image & Life Skills Council of India® (ILCI®) successfully hosted the grand fourth edition of its flagship annual event,ILCI IMAGE FIESTA – Season 4, on September 18, 2026: at the prestigious India International Centre, Lodhi Road, New Delhi, from 9:30 AM to 5:00 PM.

H.E. Harisoa Lalatiana Accouche, High Commissioner of the Republic of Seychelles to India, graces the occasion as Chief Guest; Colour Intelligence by Neha Malhotra, AICI CIP, officially unveiled Organised in collaboration with Sattva Nation, this year’s Image Fiesta placed a special emphasis on “Women Empowerment & Leadership,” celebrating women and professionals who lead with purpose, overcome barriers, create opportunities and inspire meaningful change.

The event witnessed an impressive PAN-India participation of Image Consultants and professionals, alongside diplomats, corporate leaders, entrepreneurs, educators, psychologists, wellness experts, stylists, trainers and changemakers. The diverse gathering transformed Image Fiesta Season 4 into an exclusive national platform for knowledge-sharing, professional networking, recognition, collaboration and thought leadership.

A Flagship Platform for Leadership, Image & Life Skills The Image & Life Skills Council of India® (ILCI®) is a distinguished professional platform committed to advancing leadership, confidence, image, life skills and professional excellence. Through its initiatives, ILCI® brings together diplomats, entrepreneurs, educators, industry experts, professionals and changemakers to foster meaningful dialogue, collaboration and recognition, while empowering individuals—particularly women and young professionals—to emerge as confident leaders and catalysts for positive change.

ILCI IMAGE FIESTA, its flagship annual event, celebrates excellence, leadership and transformation. Over successive editions, it has welcomed ambassadors, diplomats, senior government representatives, industry leaders, entrepreneurs and renowned experts, strengthening its position as an important platform for knowledge-sharing, networking and professional recognition.

Image Fiesta is a flagship initiative of the International Image Consulting Institute (IICI®) under the founding leadership of Neha Malhotra, AICI CIP — Founder & Director, IICI® and Founder, ILCI®. A pioneering professional in India’s Image Consulting industry, Neha Malhotra received her AICI Certified Image Professional (CIP) credential at the AICI Global Conference 2019 in Chicago, USA.

The Council’s vision is further strengthened by Co-Founders Niti Luthra , Wedding Makeup Artist Management Entrepreneur & Founder of Wedding guest Beauty Bar, and Shweta Garg, Globally Certified Soft Skills Facilitator & Educator, who continue to contribute towards building a strong professional ecosystem for Image and Life Skills excellence.

H.E. Harisoa Lalatiana Accouche Graces the Occasion as Chief Guest The ceremony was honoured by the distinguished presence of Chief Guest H.E. Harisoa Lalatiana Accouche, High Commissioner of the Republic of Seychelles to India, lending international distinction and prestige to the occasion.

The event was further graced by an eminent gathering including Dr. Deepa Malik, Padma Shri, Khel Ratna & Arjuna Awardee and India’s First Woman Paralympic Medalist; Dr. Blossom Kochhar, Founder & Chairperson, Blossom Kochhar Group of Companies; Dr. Indira Mishra, Member, Expert Committee – Commission for Women, Delhi Government and National President, Education Forum for Women Justice & Social Welfare; Dr. Nancy Juneja, Founder & CEO – REVUP | MENTORx and Mentor of Change – NITI Aayog, Government of India; and Dr. Munish Jindal, Founder & CEO – HoverRobotix and Founding President – MENTORx Global; Guru Munesh Sinha, Regular Speaker – All India Radio (Speaking Tree), Times of India, BSF, CISF & NDRF; Guru Maa Sonali Sinha, Co-Founder, Param Pran Yog, Ayurveda Practitioner, Holistic Wellness Advocate and Spiritual & Conscious Living Mentor.

Also gracing the occasion were Ms. Karishma Mehra, Family Psychologist, Behavioural & Relationship Counsellor, Youth Mentor and Founder – Happiness Quotient; Dr. Abhay Anand Tiwari, FRSA, CEO – FORE School of Jewellery Design (FSJD), FORE Centre for Political Leadership & Governance (FCPLG) and School of Communication Design (SCD); Mr. Jyoti Kalash, Former IAS Officer, Lyricist, Singer & Actor; CA Garima Maheshwari, Co-Convenor, BJP CA Cell, Delhi Pradesh, MSME Speaker & Social Activist; and Chhavi Mehta, Ted Ed Facilitator & Public Speakig Mentor, Dr. Rita Gangwani Personality Transformation & International Pegant Coach.

Their collective presence added exceptional stature, diversity and significance to the fourth edition of Image Fiesta.

H.E. High Commissioner Unveils Colour Intelligence by Neha Malhotra One of the defining moments of Image Fiesta Season 4 was the prestigious launch of Colour Intelligence, authored by Neha Malhotra, AICI CIP, Founder & Director of IICI® and Founder of ILCI®. A pioneering Indian contribution to Colour Science and Colour Psychology, the book explores colour beyond aesthetics, connecting it with human perception, identity, personal image and professional presence.

The book was officially unveiled by H.E. Harisoa Lalatiana Accouche, High Commissioner of the Republic of Seychelles to India, in the presence of distinguished dignitaries, industry leaders and Image Consultants from across India.

Drawing upon Neha Malhotra’s extensive experience in Image Consulting and Colour Analysis, Colour Intelligencebrings together the science, psychology and practical application of colour, exploring its influence on personal style, visual harmony, communication, branding and identity.

The unveiling marked a significant milestone in Neha Malhotra’s professional journey and reinforced IICI®’s commitment to knowledge creation, professional education and thought leadership in Colour Analysis and Image Consulting.

Image Experts Conclave — Learning, Expertise & Professional Excellence key highlight of Image Fiesta Season 4 was the Image Experts Conclave , featuring three engaging and knowledge-driven sessions designed to strengthen practical skills and professional presence.

The conclave opened with an interactive Self-Makeup Masterclass presented by The Red Fox Makeup Academy , offering practical insights into professional makeup techniques and self-presentation. This was followed by “Decoding Identity & Image,” presented by Mr. Punnya Vij, Founder & MD – Edutech Services, Principal Counsellor & Global Education Mentor , exploring the connection between identity, perception and image. The third session, “Dine Like You Mean Business,” presented by Ms. Shalini Rathod, Image & Lifestyle Educator , highlighted the importance of dining etiquette, social confidence and polished conduct in professional settings.

Together, the three sessions added a strong educational and experiential dimension to Image Fiesta Season 4, reinforcing ILCI®’s commitment to continuous learning, skill development and professional excellence.

Powerful Conversations on Women Empowerment & Leadership A major highlight of Image Fiesta Season 4 was a high-impact professional panel discussion featuring Mr. Ankur Sharma, Founder – The Red Fox Makeup Academy; Adv. Aashi Chaudhary, Legal Professional; Dr. Chhavi Mehta; Dr. Nancy Juneja; Ms. Niti Ahuja; Dr. Rita Gangwani; and Neha Malhotra, AICI CIP.

The panel was curated and moderated by ILCI® Co-Founder Shweta Garg, who steered an engaging and future-focused conversation around leadership identity, women’s empowerment, Image Consulting as a transformative profession, behavioural mastery, entrepreneurship, confidence and the evolving demands of the modern professional landscape.

The discussion reflected the central spirit of Season 4—encouraging individuals, particularly women and emerging professionals, to recognise their potential, strengthen their professional presence and lead with greater purpose and impact.

Women Empowerment & Leadership Conclave Brings Together Influential Women Leaders A major highlight of the afternoon was the Women Empowerment & Leadership Panel Discussion, organised in collaboration with Sattva Nation & Wade Asia and moderated by Ms. Preeti Singh, Founder – Sattva Nation.

The distinguished panel brought together H.E. Harisoa Lalatiana Accouche, High Commissioner of the Republic of Seychelles to India, Ms. Verticaa Dvivedi, Founder – THE WADE ASIA and Editor-in-Chief – SURFACES REPORTER Magazine; Dr. Blossom Kochhar, Founder & Chairperson, Blossom Kochhar Group of Companies; Ms. Tannu Monga, Director – Harrison Locks Pvt. Ltd.; and Ms. Karishma Mehra, Family Psychologist, Behavioural & Relationship Counsellor and Youth Mentor.The session brought together perspectives from leadership, entrepreneurship, sport, design, wellness, psychology and industry, creating an inspiring dialogue around the realities of women’s leadership. Conversations explored breaking barriers, building resilience, creating opportunities for other women, balancing well-being with ambition, and developing the confidence to lead with authenticity and purpose.

The conclave reinforced one of the defining messages of Image Fiesta Season 4: empowerment goes beyond individual achievement—it is about creating pathways, visibility and opportunities that enable others to rise as well.

ILCI® Image Excellence Awards 2026 Honour 17 Outstanding Achievers The prestigious ILCI® Image Excellence Awards 2026 formed another major highlight of Image Fiesta Season 4, recognising 17 outstanding professionals and organisations for excellence, innovation, influence and meaningful contribution to their respective industries.

Among the distinguished recipients, Ms. Shalini Rathod was honoured as Popular Social Media Face – Image Consulting Content, while Mr. Navneet Chopra received the recognition for Popular Social Media Face – Styling. Ms. Simi Khanna was named Best Image Consultant for One-on-One Consultation, while IICI® International Image Consulting Institute was recognised as Image Consulting Training School of the Year.

Sattva Nation received the honour of Best Holistic Wellness Platform of the Year, while NITI Dance Studio was recognised with the Excellence in Creative Arts & Dance Education Award. The Red Fox Academy was named Best Makeup Training Academy of the Year. In the field of colour and image expertise, Ms. Mamta Khubani received the award for Best Colour Consultant of the Year, while Ms. Suman Chhada was recognised as Virtual Image Consultant of the Year.

In the professional excellence categories, Ms. Manya Aggarwal was honoured as Best Celebrity Stylist of the Year, while Ms. Harneet Chhabra received the award for Best Individual Styling Consultant for Women. Adv. Siddharath Sikri was recognised as Best Business & Legal Consultant of the Year.

Leadership and personal development excellence were celebrated with Ms. Nisha Pradhan receiving the Best Leadership Coach of the Year award and Ms. Shweta Gaur being honoured as Best Life Coach of the Year. Ms. Tina Walia received the prestigious recognition of Best Image Consultant of the Year, while Ms. Asmita Arora was honoured as Best Etiquette Trainer of the Year. Completing the distinguished line-up, Ms. Snigdha Dua was recognised as Best Celebrity Makeup Artist of the Year.

Collectively, the 17 awardees represented the diversity, innovation and growing professional influence of India’s Image, Styling, Beauty, Wellness, Leadership and Life Skills ecosystem.

A PAN-India Gathering of the Image Consulting Fraternity A particularly significant aspect of Season 4 was the participation of Image Consultants and allied professionals from across India, giving the event a truly national character and demonstrating the expanding reach and relevance of the Image Consulting profession.

The PAN-India gathering provided an exclusive opportunity for established professionals, emerging consultants, trainers and industry experts to exchange knowledge, build professional relationships, explore collaborations and collectively celebrate the growth of the profession.

More than an awards ceremony, Image Fiesta Season 4 emerged as a vibrant meeting point for India’s evolving Image and Life Skills ecosystem, bringing together professionals under one roof to learn, connect, collaborate and celebrate excellence.

The proceedings were seamlessly guided by Nisha Pradhan, who brought grace, warmth, energy and professionalism to the stage throughout the celebration.

The gifting partners for the event was Pachouli Welness & Healing Heights. Makeup Partner The Red Fox Academy. Wellness Partner Sattva ation, Panel Discussion Partner Wade Asia Image Fiesta Season 4 Concludes as a Grand Success ILCI IMAGE FIESTA – Season 4 concluded as a resounding success, bringing together international representation, PAN-India professional participation, powerful leadership conversations, a distinguished Women Empowerment & Leadership Conclave, a landmark book launch and the recognition of 17 outstanding achievers on one prestigious platform.

The event reinforced ILCI®’s mission to elevate the Image Consulting profession, advance Life Skills education, champion women’s empowerment and leadership, recognise professional excellence and provide emerging professionals with greater visibility, credibility and opportunities for meaningful collaboration.

With its fourth edition, ILCI IMAGE FIESTA continues to evolve beyond an annual event into a national platform for excellence, knowledge, recognition and transformation—connecting talent with opportunity and celebrating individuals and institutions who lead with purpose and inspire positive change.

Media Contact Team ILCI® Contact: +91 9266522862 Email: [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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