Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

IDBI Federal Life Insurance announces Title Sponsorship of Kolkata Marathon

Posted On: 2015-12-24 10:33:39

IDBI Federal Life Insurance will be the new Title Sponsor of city's only full Marathon, the Kolkata Marathon. The 9th edition will take place in the City of Joy on 6th March 2016. Multiple Grand Slam winner and Padma Bhushan Awardee, Leander Paes will be 'Face of the Event'.

The marathon will have 5 race categories - Full Marathon - 42.195 Km, Half Marathon - 21.097 Km, Open & Corporate Challenge - 10 Km each and the Fun Run - 5 Km. This annual property is among the few full marathons in India and has grown from 6,000 participants in its debut 9 years ago, to 15,000 participants in 2015. This is also an official qualifier race for the Rio Olympics.

Entry fee for the Full Marathon, Half Marathon & 10K Open is Rs.550 each, the Fun Run is Rs.300 and the Corporate Run (for a 6-member team) is Rs.3,500. Online registrations can be done through the event website www.kolkatamarathon.com. The 2016 IDBI Federal Life Insurance Kolkata Marathon will be flagged off from Red Road, in front of Ranger's Club.

'Face of the event' - Leander Paes said, "I am delighted to be associated with the IDBI Federal Life Insurance Kolkata Marathon. Kolkata has a special place in my heart as I have spent many formative years of my life here. To see the event grow from the first edition to the ninth edition, in terms of participation and even awareness in the city has been an interesting journey. One cannot emphasise the importance of good health enough, and with running, you can simply just get up and go! I'm proud to be a part of the Kolkata Marathon in my home city, and urge people to come out in great numbers."

Speaking about the association, Vighnesh Shahane, CEO, IDBI Federal Life Insurance, said, "It is a matter of joy and pride for us to be associated with this prestigious running event as its Title Sponsor, now called the 'IDBI Federal Life Insurance Kolkata Marathon'. Wellness is a key value we try to propagate within our organisation and running is integral to wellness. Our connection with the City of Joy is special as well, and we look forward to strengthening it further with this sporting association."

Shahane added, "It is befitting that someone like Leander Paes, who is among the biggest stars of Indian sports is the face of the event and is supporting the marathon. At 42, Leander is fitter than most youngsters today and is a role model for the younger generation. Sports help us reach out to a wide audience, and tap a large demographic profile and is gender agnostic. Sports inspire qualities that we firmly identify with, and believe in. It is the vehicle of choice for brand-building initiatives for IDBI Federal. Being a sportsman myself, it gives me immense pleasure to contribute to India's sporting fabric and help inspire positive change in future generations. We are committed to sports, and will continue to identify and add similar such sports initiatives to our portfolio."

The IDBI Federal Life Insurance Kolkata Marathon, managed by HighLife Management, is held exclusively for Indian athletes to promote and encourage the best running talent in India.

Saurav Chatterjee, Director & CEO, HighLife Management, said, "It's my immense pleasure to welcome IDBI Federal Life Insurance as the Title Sponsor for the 2016 edition of the Kolkata Marathon. We are delighted that Leander Paes has shown support towards the marathon and we welcome him on board to help promote the marathon in the city. Only Indian athletes are eligible for the prize money in the Kolkata Marathon, as it aims to promote athletics at the grassroots level in the state and to give Indian athletes a platform to showcase their talent. The IDBI Federal Life Insurance Kolkata Marathon continues to spread the message of health and wellness in the community. We hope to see tremendous enthusiasm and support for all the runners once again this year and look forward to the 'new' and exciting edition of Kolkata's own Marathon."

Shares of IDBI BANK LTD. was last trading in BSE at Rs.87.8 as compared to the previous close of Rs. 89.2. The total number of shares traded during the day was 534041 in over 2767 trades.

The stock hit an intraday high of Rs. 89.9 and intraday low of 87.05. The net turnover during the day was Rs. 46937892.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Jubilant Life Sciences Ltd updates on USFDA inspection at API facility, Nanjangud

MeDirect Bank Belgium, the Online Only Bank, Extends its Product Offerings with Infosys Finacle

Hansard Global Plc Selects SaaS-Based Majesco LifePlus Solutions to Transform their Business

ENIL commences radio station at Asansol

Mac Charles India Ltd seeks shareholders approval for related party transactions

1st Foundation Day of ICT-IOC

Infosys Ltd board to consider Q4, FY19 results on April 11 - 12, 2019

Syngene International wins CMO Leadership Awards presented by Life Science Leader Magazine

Rane Madras Ltd to invest $20 mn in US arm

Government to divest 15% of KIOCL Ltd through FPO

Manappuram Finance Ltd to acquire 100% in Manappuram Comptech & Consultants Ltd

BEML Ltd board declares interim dividend of Rs. 4.50

Power supply restored at Amit Spinning Industries Ltd's factory

Pierer Industrie and Bajaj in discussions for Bajaj to participate at KTM Industries level

PFC signs agreement to acquire majority stake in REC Limited

Infosys and Roland-Garros Partner for Digital Innovation

DIAL awards the Commercial Development Rights at Aerocity, Delhi to a consortium led by M/s Bharti Realty

Bosch Ltd to form JV with Prettl India Pvt Ltd

Frontline Securities Ltd board to consider buy-back on March 26, 2019

IDFC FIRST Bank Ltd has sold 8.37% stake in ARCIL

Sun TV Network Ltd appoints R Mahesh Kumar as MD

CCL Products India Ltd board to consider interim dividend on March 23, 2019

Greenlam Industries Ltd to increase capacity through brownfield expansion

Smt. Sushmita Dasgupta appointed as Government Director of Indian Oil Corporation Ltd

Promoter group entities of Greaves Cotton Ltd to merge

California Software Company Ltd to consider allotment of OCRPS to Chemoil

Adani Transmission Ltd board approves buy-back of 10,000 NCDs

ABans Enterprises Ltd to acquire Abans Jewels Pvt Ltd

HUDCO updates on medium term note programme

Gopala Polyplast Ltd withdraws QIP

Sayaji Hotels Ltd terminates lease agreement with Barbeque-Nationa

GE T&D India Ltd updates on transformer business

Karnataka Bank opens its 839th Branch at Nadugodu - Kateel

Zensar brings 'Experience Digital Returns' focused solutions to Adobe Summit 2019

Topcoder's Crowdsourced Quality as a Service for On-Demand Testing Enables Faster Speeds, Greater Work Volumes for Customers

Krypton Industries Ltd receives order of Rs. 23.10 crores

CG equipped 'Deutsche Bucht' offshore substation topside sails out

Prima Plastics Ltd's JV declares dividend

Asian Oilfield Services receives LOI from Oilmax for contract of Rs. 210 crores for 10 years

Toyota and Suzuki Agree to Start Consideration toward New Collaboration

HFS Research Ranks HGS in the Top 3 for Voice of the customer in survey of more than 300

REC Ltd approves market borrowing programme for 2019-20

Onida launches smart air conditioners ONYXS and GENIO

Alankit Ltd Board approves interim dividend of Rs. 0.20 for 2018-19

Vodafone Idea Ltd board approves terms of rights issue

SBI Life Insurance Company Ltd fixes Apr 4, 2019 as record date for interim dividend

Newgen Positioned as a Strong Performer in Digital Process Automation for Wide Deployments by Top Independent Research Firm

Colgate Palmolive India Ltd fixes Apr 8, 2019 as record date for second interim dividend

Mahindra & Mahindra Financial Services Ltd allots 5000 NCDs worth Rs. 500 crores

The launch of Wealth Qube - 2020 at Intellect User Meet, Dubai







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019