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In a move signaling a generational shift in leadership and a commitment to empowering women in the business world, Nima Sulaiman, daughter of HiLITE Group Chairman P. Sulaiman, has been welcomed onto the board of directors with a stunning gesture-a Porsche car worth INR 3 crore.

Nima Suliaman and Father P. Sulaiman, Chairman, HiLITE Group

At just 18, Nima began her journey with HiLITE Group as a customer service trainee at Hug a Mug Cafe. From there, she transitioned to management roles, showcasing her talent and dedication. With a B.Sc in Economics from the University of London in Singapore, Nima brings a unique blend of academic prowess and practical experience to her new position.

As the Director of HiLITE Urban, a subsidiary of HiLITE Group, Nima is poised to continue the companys legacy of excellence in construction and development. With a focus on providing quality living spaces and international standards in India, HiLITE Group has been instrumental in transforming Kozhikode city with its innovative projects that include premium residential buildings, ultra modern business parks, state-of-the-art malls and world-class entertainment theaters.

Group Chairman P. Sulaiman expressed his sentiments regarding his daughters recent appointment within the Group, stating, “I am immensely proud of Nimas accomplishments and firmly believe that she is capable to take on greater responsiblities. HiLITE Group has always shed light on the significance of acknowledging and empowering women in leadership positions.” He further emphasized that, “the emotional intelligence that women bring to the table is pivotal for fostering effective leadership and establishing trust.”

Nima, in turn, expressed her gratitude for the opportunity and her eagerness to contribute to the groups success. “Inspired by my experiences visiting renowned malls worldwide, I strive to enrich the atmosphere of HiLITE malls and other projects, infusing them with vibrancy and youthfulness,”Nima said.

The appointment of Nima Sulaiman to the board of directors represents a significant milestone for HiLITE Group and a testament to the companys commitment to innovation and inclusivity in the business world. As Nima takes on her new role, she stands as a beacon of inspiration for young women entrepreneurs in South India and beyond.

Bajaj Finserv Direct Limited, a subsidiary of Bajaj Finserv, has been appraised at Level 3 of ISACA’s Capability Maturity Model Integration (CMMI). The company has achieved appraisal at a Maturity Level 3 for both CMMI-DEV (for development) and CMMI-SVC (service delivery).

Bajaj Finserv Direct Limited appraised at Maturity Level 3 of CMMI (DEV and SVC)

An appraisal at maturity level 3 indicates that Bajaj Finserv Direct Limited is performing at a “defined” level. At this level, processes are well characterised and understood, and are described in standards, procedures, tools, and methods.

The organisation’s set of standard processes, which is the basis for Maturity Level 3, is established and improved over time. This translates to a systematic approach for creating outstanding products and services.

Bajaj Finserv Direct Limited appraised at Maturity Level 3 of CMMI translates to organization wide standards that provide guidance across projects, programs, and portfolios. With this certification, Bajaj Finserv Direct Limited can continue to provide quality services, reduce overall costs, increase the efficiency, and provide greater customer satisfaction.

About Bajaj Finserv Direct Limited

Bajaj Finserv Direct Limited, a subsidiary of Bajaj Finserv, is one of the fastest-growing fintech companies in India. It has two primary arms, Bajaj Markets, a financial marketplace, and Bajaj Technology Services, a techfin service provider.

Bajaj Markets is a marketplace that offers multiple financial products across all categories – Loans, Cards, Insurance, Investments, Payments, Pocket Insurance, and VAS. Bajaj Markets has partnered with trusted financial brands to offer “India ka Financial Supermarket”. A one-stop destination where its customers can explore a host of products that can help them achieve their financial life goals.

Having started its journey as a fintech, Bajaj Finserv Direct has also built a very strong business as a techfin. Through Bajaj Technology Services, it offers a wide gamut of digital technology services which span Custom Applications, Enterprise Applications, Data & Analytics, Gen AI, Cloud Services and Digital Agency.

Visit the Bajaj Markets website or download the Bajaj Markets’ app from the Play Store or App Store to experience “India ka Financial Supermarket”.

In the ever-evolving landscape of commercial real estate, Elan Malls have emerged as the epitome of luxury, convenience, and comprehensive urban living. The flagship projects, Elan Mercado and Elan Town Centre have redefined the concept of a shopping destination by seamlessly blending retail, top-notch food experiences, luxury service apartments, and world-class entertainment facilities. These developments go beyond the conventional retail experience, transforming into vibrant hubs that cater to various needs and desires, making them the perfect one-stop destinations for families, professionals, and leisure seekers alike.

Elan Imperial

Elan Mercado – Where Luxury Meets Convenience

Nestled in the heart of New Gurugram in Sector 80, Elan Mercado stands tall as a modern fusion of retail, high-street retail, luxury service apartments, and a state-of-the-art PVR Multiplex. Elan Mercado is the go-to food destination on NH8. The strategic location and open accessibility to Delhi, Jaipur, and main Gurugram make it a prime spot for top global brands seeking a hospitality and retail haven. The key features and amenities of Elan Mercado make it a standout in the commercial real estate sector. Premium retail shops showcase a curated selection of top-tier brands, while the salubrious food court invites patrons to savour a diverse range of culinary delights.

Meticulously planned service apartments provide a luxurious stay option for those looking for a blend of comfort and sophistication. The 5 silver screens multiplex adds an entertainment quotient, offering the latest in cinematic experiences. Fine dining restaurants, multi-cuisine outlets, and cafes create a gastronomic haven within the premises. What sets Elan Mercado apart is its commitment to offering a holistic experience. Its not just a place to shop; its a destination where visitors can immerse themselves in a world of luxury, entertainment, and indulgence. The fusion of retail, dining, and entertainment under one roof makes it a convenient and comprehensive choice for those seeking an all-encompassing urban lifestyle.

Elan Town Centre – The Elegant Retail Gateway

As the most sought-after commercial property in Gurgaon, Elan Town Centre at Sector 67, main Sohna Road, exemplifies the concept of high-street retail with double-height shops, a plush food court, and a PVR Multiplex. Surrounded by luxury residential townships, IT parks, SEZs, international schools, and universities along the main Sohna Road, it caters to families and business professionals alike. The easy access from the Golf Course Extension Road, NPR, and SPR positions it as a preferred investment option.

Elan Town Centres features and amenities further enhance its appeal. Double-height retail shops provide a unique shopping experience, while the salubrious food court offers a variety of culinary options. The 4 silver screen multiplex showcases the latest movies, while the premium flea market adds a touch of uniqueness to the overall shopping experience. Fine dining restaurants and a vibrant mix of retail outlets create an environment that resonates with a diverse audience. In all, Elan Town Centre seamlessly integrates into the daily lives of the community it serves.

A One-Stop Destination – All Customer Needs Fulfilled Under One Roof

What makes Elan Malls truly stand out is its ability to serve as a one-stop destination for a plethora of needs and desires. Whether youre looking for high-end fashion, a gourmet dining experience, or the latest blockbuster, Elan Mercado and Elan Town Centre have it all. The comprehensive nature of these luxury malls eliminates the need for patrons to hop between various locations, providing a convenient and time-efficient solution for their diverse requirements.

For families, Elan Malls offers the perfect weekend getaway. With luxury service apartments, fine dining options, and a variety of entertainment choices, families can create memorable experiences without leaving the premises. Also, professionals working in the vicinity find a haven where they can seamlessly transition from work to leisure.

Looking towards bright future horizons, Elan Malls have reshaped the shopping, food, and entertainment experiences in the Delhi NCR region. Elan Mercado and Elan Town Centre showcase the future of commercial real estate, a future where luxury, convenience, and comprehensiveness come together to create a one-stop destination and a weekend getaway for all. As these developments continue to evolve, they set a benchmark for the industry, offering a glimpse into the transformative power of luxury malls in shaping the urban landscape.

Bureau, a pioneering fraud and identity decisioning platform, has introduced ‘Money Mule Score,‘ a cutting-edge solution that empowers financial institutions, NBFCs, and fintech companies to proactively detect potential money mules during user onboarding. The solution provides a holistic risk assessment, which goes beyond traditional KYC processes to detect and prevent mule accounts, thereby protecting businesses and their customers.

Ranjan R Reddy, Founder & CEO, Bureau

Money mule fraud has become a critical threat to global financial security. As per NASDAQ’s Global Financial Crime Report 2024, among anti-financial crime professionals surveyed, 47% listed money mule activity as a major concern, placing it second only to real-time payments fraud. The traditional KYC-AML processes prove ineffective, as they are static in nature, creating gaps that sophisticated criminals can exploit.

Money Mule Score is built on Bureau’s proprietary Link Analysis that utilises advanced machine learning and analytics to assess user’s risk indicators, beyond the traditional KYC process. It incorporates Bureaus extensive domain expertise across email, phone, social media, and device intelligence which analyses users’ legitimacy through device fingerprints, behavioral patterns, and historical data, and flagging potential high-risk users right at the onboarding stage. The solution integrates seamlessly into companies’ existing onboarding processes, ensuring a smooth experience for legitimate users.

Ranjan R Reddy, Founder & CEO, Bureau – “Fraud, and online financial crime is a growing menace in India, which puts trust between digital platforms, their customers, and regulators in jeopardy. Money mule accounts and activity is the fastest growing fraud trend, and Bureau is uniquely placed to help with our proprietary technology, data, and insights. Our money mule score identifies potential mule accounts in real-time at onboarding, as well as detect existing accounts and activity that are suspicious. We have seen great success in deploying industry specific machine learning models, and link analysis that have led to detecting over 500k mule accounts, protecting over $100m of financial activity.”

“Bureau’s Money mule score is a significant step towards eliminating cyber fraud, and enabling safe and secure financial access.”

Bureau’s partnership with a leading Indian bank for the deployment of Money Mule Score led to a 60% uplift in money mule detection as compared to the banks existing KYC process. These early mule detections enabled the bank to prevent the potential fraud losses of over $43 million within the first six months of using the solution.

With this success, Bureau has officially launched the solution for companies across the spectrum of digital banking, to detect and block potential money mules before they can cause damage. Financial services providers are encouraged to contact Bureau for a demo to learn how Money Mule Score can bolster their fraud prevention strategies.

To schedule a demo of Money Mule Score and learn more about Bureaus industry-leading fraud prevention capabilities, please visit www.bureau.id.

About Bureau

Bureau is a modern no-code decisioning platform. It delivers absolute conclusions about digital identity trustworthiness to prevent fraud, ease compliance, and make it easy for consumers to transact online. The single AI-architected platform provides banks, fintech, gaming, gig economy and e-commerce companies with a complete range of risk, compliance, fraud prevention and detection, and onboarding solutions. Its Identity Bureau network supplies customers with insights derived from an identity graph and feedback loop about digital identities based on contextualised linkages. Backed by tier-one investors like GMO Venture Partners, Okta Ventures, Commerce Ventures, Quona Capital, Blume Ventures, EMVC, and Village Global, Bureau is headquartered in San Francisco, CA, with offices in India and Singapore.