The nation will witness the unique convergence of cultural, financial and glamour worlds as Uttar Pradesh Chief Minister Yogi Adityanath will be attending the historic listing ceremony of the Lucknow Municipal Corporation bond on Wednesday, the first such listing in the entire northern region on Bombay Stock Exchange (BSE).
Before launching the bond, which has been given an AA rating by India Ratings and AA (CE) by Brickworks Rating, the state machinery initiated a series of reforms to improve the accounting and financial management practices, ensuring transparency and time bound delivery to the investors.
“The successful launching of this bond will not only transform the image of Lucknow Municipal Corporation but would also help mobilise further investments, especially as the municipal bodies of Ghaziabad, Varanasi, Agra and Kanpur Nagar get ready to launch their own bonds in coming months,” a senior official said.
During his Mumbai visit, the UP chief minister will also meet top industrialists of the country along with Bollywood stars for accelerating the industrial development of the state along with setting up a film city, officials here said on Tuesday.
The chief minister will be discussing these issues with the industrialists and bankers, including N Chandrashekhar of Tata Sons, Dr Niranjan Hiranandai of Hiranandani group, Baba Kalyani of Bharat Forge, Suprakash Chaudhary, CEO of Simmons, SN Subramaniam, Chairman of L&T, Vikas Jain of Capital Services, Sanjay Nair, Chairman of KKR Ltd, Jaspal Bindra, Chairman of Centrum Capital Ltd, Sukaran Singh, CEO and MD of Tata Advanced Systems, Harshvardhan of Tata Defence Technology, Ashish Rajvansh of Adani Defence, Rajat Gupta of Ashok Leyland TS Darbari, CEO and MD of Texmaco Defence System.
The chief minister will also meet prominent film personalities to roll out the roadmap for the development of the film industry in Uttar Pradesh. The film industry giants whom the UP chief minister is scheduled to meet include Rahul Mittra, Subhash Ghai, Bonney Kapoor, Bhushan Kumar of T-Series, Jatin Sethi of Zee Studio, Anand Pandit, Baba Azmi, Neeraj Pathak, Randeep Hooda, Tigmanshu Dhulia, Jimmy Shergill, Taran Adarsh, Komal Nahta and Raj Kumar Santoshi.