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Showing posts from July, 2021

Sanjeev Kishore takes charge as General Manager of South Western Railway

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Sanjeev Kishore has assumed charge as the General Manager of South Western Railway. Prior to this, he was posted at the Railway Board as an additional member (production units). He succeeds Gajanan Mallya, General Manager, South Central Railway who was holding additional charge of the post of GM, SWR from April 2021, till July 30. Sanjeev Kishore Kishore possesses wide and varied experience in various capacities in North Eastern Railway, Rail Coach Factory, Kapurthala, Central Railway, RITES, COFMOW, Centre for Railway Information Systems, New Delhi, Railway Board, and Rail Wheel Factory, Yelahanka, Bengaluru. An alumnus of Indian Railways’ Institute of Mechanical and Electrical Engineering (IRIMEE) Jamalpur (Bachelor of Engineering), Kishore holds PG Diploma in Management from MDI Gurgaon (with Prime Minister’s medal for best overall performance). He has completed the Executive Fellow Programme (Doctoral Level) in Strategic Management from MDI Gurgaon. He has also undergone training o

Kotak Securities Collaborates with NISM for its CSR Project on Education & Livelihood

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Kotak Securities Limited (KSL) announced it has collaborated with the National Institute of Securities Markets (NISM) for its CSR Project on education and livelihood to launch “Kona Kona Shiksha” – a CSR initiative to promote financial literacy among the young citizens of the country.  NISM – KSL’s CSR knowledge partner and project manager, will implement “Kona Kona Shiksha” through empanelled resource persons to train students at colleges across India and online teaching modules to young Indians (Kona Kona). Each student will undergo a rigorous 10-hour training module, which will conclude with an online assessment and certification by NISM. “Kona Kona Shiksha” will empower students with knowledge on personal finance, fundamentals of investing in securities markets, investment principles and practices and so on. The aim of KSL’s CSR project is to create financially knowledgeable and skilled youth and to open up career opportunities in the financial services industry.  Kotak Securities

Implement Time-Bound Roadmap With Security By Design Approach For O-RAN: Govt

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The telecom industry should create a time-bound roadmap at the earliest and ensure that security by design in the various components of open radio access network (O-RAN) is implemented to avoid repeating the mistakes made in the past, a top Government of India official said in a virtual summit organised by ASSOCHAM along with Open RAN Policy Coalition, US Chamber of Commerce, Keidanren-Japan Business Federation and BSA-The Software Alliance. “As far as the Indian government's stand is concerned, we welcome the proposal of the Open RAN forum as it is in keeping with the commitment made in the first Quad Leaders’ Virtual Summit to cooperate on critical technologies of the future to ensure that innovation is consistent with a free, open, inclusive and resilient Indo-Pacific,” said Lt Gen Rajesh Pant, National Cybersecurity Coordinator at the Prime Minister’s Office. Pant said, “Recognising the importance of secure and reliable telecom network infrastructure, we also welcome the opport

ASSOCHAM takes over as the new secretariat of the Condom Alliance

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ASSOCHAM is proud to be the new secretariat for Condom Alliance, a shared value collective of condom market players and other stakeholders to improve the well-being of young people in India. This partnership is a significant win and is in the spirit of the country’s commitment towards SDG 17 that focuses on goal-oriented global partnerships as well as SDG 3 that focuses on ensuring good health and well-being.  It is a significant step towards securing the health of the nation’s youth population. As a leading industry body with a legacy that spans over 100 years, ASSOCHAM brings a wealth of experience and perspective along with an exhaustive range of industry and sector knowledge. ASSOCHAM has witnessed the nation build itself, as society evolved and corporate India soared to great heights.  An active player in shaping the nation, ASSOCHAM continues to work in the space of youth welfare and health services.  With its large and diverse member body, ASSOCHAM brings an extensive set of fun

CropIn Enters into Strategic Partnership with Unyiha Associates

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The initiative aims at increasing the efficiency of farm management by providing digital farming solutions to farmers CropIn, a leading AI and Data led Agtech company, announced its partnership with Unyiha Associates, a food processing company headquartered in Tanzania. The partnership aims to enable the digital transformation of the agricultural ecosystem in Tanzania and  East Africa. Through the partnership, CropIn will offer a comprehensive solution aiming at the complete digitization of the Tanzanian agriculture ecosystem value chain to ensure transparency and financial self-sufficiency in the ecosystem. CropIn will further help Unyiha Associates in its beliefs to positively enrich the livelihoods of people and communities by delivering sustainable and good quality farm produce to them. About the partnership, Jitesh Shah, CRO at CropIn, said, “We are extremely delighted to partner with Unyiha Associates in its journey of transforming every stage of the supply chain ensuring consume

Alert Crew Take Timely Action To Save Passengers Lives

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Swift action by the loco pilot  Ranjeet Kumar , assistant loco pilot Hashid K and guard Shailender Kumar of train 01134 (Mangaluru Jn - Chhatrapati Shivaji Maharaj Terminus, Mumbai) averted a major disaster.  The incident took place around 6.10am on July 23 when the train was proceeding from Kulem towards Castle Rock up the Ghat  at km 39/800 near the Dudhsagar-Sonaulim section . Ranjeet Kumar noticed that  the mud was slipping ahead on the track from the sidewalls of the hill beside the track. Sensing danger, the loco pilot immediately applied emergency brakes and brought the train to a stop. Due to mud and soil mixed boulders on the track  due to continuous very heavy rainfall , the engine got derailed along with two sets of wheels, despite the immediate braking. He informed the station master of Dudhsagar about the same, to give a message to the control office, Hubballi. Upon noticing the emergency brake being applied, Shailder Kumar applied hand brakes to the brake van. Parallelly,

Electric Vehicle Charging Station with EVRE at Hiranandani Estate, Thane

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Hiranandani Group has initiated a sustainable measure with the installation of electric vehicle charging stations in Hiranandani Estate township at Thane, near Mumbai. To enable sustainable living, it has signed up with EV charging and battery swapping solution provider EVRE, to install and operate EV stations within the integrated township.  The facility is already functional and being utilized by residents, workforce and open for public charging on pay per use model. Electricity for the EV charging is being supplied by MSDCL, as per ‘Green Meter’ for EV charging units.  The status of charging infrastructure and booking facility will be readily available on the BLUApps operated by Hiranandani for its residents across 350acres of Hiranandani Estate township. Commenting on this conscious action towards carbon emission via the renewable sources of green Energy, Niranjan Hiranandani, founder and MD, Hiranandani Group said, “This is an upgraded value proposition, providing excellent custom

BOS Produces Remote Controlled, Motor Operated 26 inch Bellow Sealed Gate Valves.

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Bell O Seal Valves Pvt Ltd, Udupi has become the first valve manufacturing company in the world to successfully design, develop and manufacture the motor-operated and remote-controlled Bellow Sealed 26 Inch Gate Valve in its facilities at Subramanyanagar, Udupi. Bell O Seal Valves took up the production of these gigantic size valves as a challenge. Realising the dreams of Prime Minister Narendra Modi of the concept of “Make in India”, the company took up the task of producing these valves that weigh around 2 tons each with a height of about 5 meters. These valves are used in handling hazardous fluids Benzene and Butadiene (carcinogens). Due to the hazardous nature of benzene and butadiene fluids, the valves were required to qualify for fugitive emissions compliance. Remote Controlled, Motor Operated 26 inch Bellow Sealed Gate Valves. Bell O Seal Engineers accepted these challenges even though they had faced multiple challenges in  designing and developing in the production of these val

Indian HRtech & AI-Startup Hyreo Successfully Concludes Pre-series A Funding

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Marquee investors include Callapina Capital, Anas Rahman Junaid, Konglo Ventures, Raveendranath Kamath and Nat Natraj The proceeds will be used towards expanding the products team and boosting international business  Indian HRtech and AI start-up Hyreo announced the successful close of its pre-series A funding from marquee investors led by Callapina Capital with participation from Anas Rahman Junaid, Konglo Ventures, Raveendranath Kamath, Nat Natraj and other investors from Silicon Valley. The company will use the proceeds to fuel its international expansion as well as beefing up its product development teams.  Co-founded by Arun Satyan, Mahesh Raju and Sreenath N in 2017, Hyreo seeks to simplify the recruitment process and improve candidate experience using AI. The company offers a customised candidate relationship management tool with deep conversational AI capabilities, to enterprises and large customers across technology, IT, banking and financial services domains.  HRTech & Hy

Maire Tecnimont Chooses SAP To Accelerate Its Digital Transformation & Reach Decarbonization Targets

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Maire Tecnimont Group is the first Italian engineering player to shift its business processes onto cloud computing by choosing RISE with SAP, thereby accelerating its digital transformation and continuing on its decarbonization path. Maire Tecnimont's choice of RISE with SAP will allow the group to achieve even greater agility and responsiveness across all of its business processes in all countries where it operates: the complete migration to the cloud will contribute to the continuous evolution of the group on international markets, and accelerating the time to value of its strategic objectives. By moving its business processes to the cloud, Maire Tecnimont’s improves its scalability and its sustainable approach, making it easier to manage future growth, counting on SAP as a unique technological and advising partner. The partnership with SAP will also support Maire Tecnimont in achieving its carbon neutrality targets for 2030 and 2050 for both Scope 2 indirect emissions, which are

Kotak Mahindra Bank signs MoU with the Indian Navy for Salary Account

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Unique benefits designed especially for the Indian Navy, including enhanced personal accident insurance cover for both on-duty and off-duty incidents The MoU covers both serving and retired personnel of the Indian Navy Kotak Mahindra Bank and the Indian Navy on July 20 announced that they have signed a memorandum of understanding (MoU) for salary account. The MoU enables KMBL to offer its salary account proposition to all personnel of the Indian Navy – both serving and retired. KMBL will also offer special salary account benefits to the Indian Navy. Kotak Mahindra Bank Ltd To Handle Indian Navy's Salary Account The signing ceremony took place in New Delhi and was jointly chaired by Commodore Neeraj Malhotra (commodore pay and allowances) Indian Navy and Parminder Varma, Business Head - Corporate Salary, Kotak Mahindra Bank. Benefits of the Kotak salary account designed especially for the Indian Navy Enhanced complimentary personal accident insurance cover - for both on-duty and off

Kotak Automates Partner Payments, Powered by Act21 Software’s Payout Solution - Hyperform

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Kotak Mahindra Bank (Kotak) announced that it has automated its partner payments process, powered by Act21 Software’s Hyperform – an end-to-end payout solution. Hyperform is a next-generation payment automation solution for the banking and financial services industry (BFSI). By integrating with the bank’s existing technology ecosystem, Hyperform enables Kotak to effectively manage and monitor payouts – increasing efficiency, enhancing data accuracy and making timely payments. The Hyperform solution has a single intuitive user interface screen for stakeholders who can view the payout data patterns, make adjustments as required and generate payout reports. The process-driven configurable workflow will ensure timely approval and processing of payments by automatically navigating approval stages and sending reminders to various approvers. Kotak Automates Partner Payments Puneet Kapoor, president, products, alternate channels and customer experience delivery, Kotak Mahindra Bank Ltd. said,

Workshop On Action Plan for Solid Waste Management in Mangaluru Based On Application of WaCT Concludes

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UN-Habitat India office conducted an online workshop on an action plan for solid waste management in Mangaluru based on the application of the Waste Wise Cities Tool (WaCT). The workshop was conducted under the project, “Waste Wise Cities: Tackling Plastic Waste in the Environment” funded by the Alliance to End Plastic Waste (AEPW),  WaCT is developed by UN-Habitat, based on SDG indicator 11.6.1 parameters, to support cities and countries in undertaking a comprehensive diagnostic of Municipal Solid Waste (MSW) to aid scientific and evidence-based development of projects and investments, the tool standardises the methodology of waste data collection in the city. In April, the UN-Habitat India team conducted a detailed ground assessment study to understand the existing waste management scenario in Mangaluru through the application of WaCT with support from Mangaluru City Corporation (MCC), HasiruDala and APD Foundation. A sample size of 90 households (HHs) from high, middle and low-incom

'Time for Government to appoint NCLT Members & NCLAT chief'

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The Government should implement capacity-building measures and ensure efficient, quick appointments of National Company Law Tribunal (NCLT) members together with the appointment of the president and chairman of National Company Law Appellate Tribunal (NCLAT), Justice (Retd.) MM Kumar, past president, NCLT said at an ASSOCHAM virtual summit. “NCLT is a specialised tribunal, it has Companies Act and IBC (Insolvency and Bankruptcy Code), these specialist tribunals are required to be very well equipped and should be in a position to dispose of more cases,” said Justice Kumar addressing the first session of an ASSOCHAM series of National E-Summit on IBC and Valuation. Justice Kumar further said, “Data of NCLT is not very encouraging, 750-800 cases are disposed of. Now the time has come for the government to take up these issues.” W hile the number of liquidation cases is staggering, but when one starts analysing it is seen that a large number of liquidation cases are those which are coming

SAP & UNDP Foster Digital Skills and Social Entrepreneurship in Rural Karnataka

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In an initiative to empower women and youth, SAP Labs India and the United Nations Development Programme (UNDP) India has collaborated with the Government of Karnataka to facilitate increased access to career guidance, employment, and entrepreneurship opportunities and promote 21st-century skills.  On World Youth Skills Day, Manjushree, the Mission Director, National Livelihood Mission in Karnataka initiated the Code Unnati's registration drive for women participants from the grassroots to undergo various interventions. This includes continuous experiential training to build enterprise awareness, a development program imparting basic enterprise planning, and community cadres (Unnati Sakhi's) mentorship and handholding support. SAP & UNDP - Fostering Digital Skills One of the major objectives of this initiative which is called Code Unnati is to impart digital literacy to women and youth from rural Karnataka. Digital literacy is one of the key 21st-century skills required to

ASSOCHAM Hails Extension of Duty Remission RoSCTL For Textile Exports

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ASSOCHAM welcomed the decision of the Union Cabinet for the continuation of Rebate of State and Central Taxes and Levies (RoSCTL) on the export of apparel/garments and made-ups till March 31, 2024. This move would provide a big relief to the highly employment-oriented sector at a time when Indian exports stand out as one of the bright spots for the economy, braving the Covid-19 pandemic, the oldest, leading and apex chamber of trade and commerce, maintained. Thanking Prime Minister Narendra Modi and Union Textiles Minister Piyush Goyal for their continued support to the industry, including the textile sector, ASSOCHAM president Vineet Agarwal said, “We have long advocated rebates of taxes and duties embedded in the system on exports. The RoSCTL scheme would give our textile industry a level playing field, competing with our neighbouring countries which enjoy duty-free access to the all-important European market.” Continuation of RoSCTL Is Positive Step For Textile Exports: ASSOCHAM The

GM, SWR Inspects Ballari-Hubballi Section

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Gajanan Mallya, General Manager of Hubballi headquartered South Western Railway inspected the  Ballari- Hubballi section on July 13. He checked various safety parameters. He inspected  Ballari station, goods shed and running room at Ballari.  The GM conducted a window trail inspection from Ballari to Hubballi. En route , he inspected level crossing gate number 90 and minor bridge number 154 between  Papinayanakahalli - Bayaluvoddigeri. Gajanan Mallya, GM, SWR Inspecting Major Bridge 104 On Tungabhadra River He also inspected major bridge number 104 on Tungabhadra River in  Hosapete-Munirabad section, goods shed improvement work at Koppaland Road and u nder bridge 12A between Hulkoti and Annigeri. During the inspection, he also  interacted with the gateman at LC 90 and track maintenance staff at Tungabhadra River  Bridge and discussed various safety aspects to be ensured in train operations. Gajanan Mallya, GM, SWR Inspects A Minor Bridge  Arvind Malkhede, Divisional Railway Manager,  H

Naveen Pandey is the Chief Executive Officer Of Unibic Foods

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UNIBIC Foods, one of India’s fastest growing FMCG companies announced the appointment of Naveen Pandey as its Chief Executive Officer. Naveen will be responsible for leading the strategic direction and growth journey of the company. Naveen Pandey Naveen commands over two decades of senior management experience in the Indian FMCG space. An alumnus of the Indian Institute of Management, Indore, Naveen has had successful stints with corporate giants such as PepsiCo and Asian Paints. His last assignment before joining UNIBIC was as the head of Marico’s new foods’ business unit, where he led the start-up team to launch category-defining products such as Saffola Honey, Saffola Mealmaker and Immuniveda. Commenting on the development, Sandeep Reddy, chairman of Board of Directors, UNIBIC, said, “We believe that the experience Naveen brings to the table would bolster UNIBIC’s already impressive track record of delivering innovative products and help drive the company into a linear growth trajec

MAHE Brings Out Book On Healthcare Management

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Manipal Academy of Higher Education (MAHE) has brought out a book Transformation Beyond Sight - A Narrative of Experiences and Challenges in Managing Large Hospitals .  Dr H S Ballal, Pro-Chancellor, MAHE released the book published by Manipal Universal Press (MUP). Dr Ballal said healthcare and hospital administration have grown more complex, with increasing pressure on them for providing quality healthcare with humaneness. Manipal Group is presently running more than 50 hospitals across India with over 4000 doctors and has provided employment to thousands of people. The resourceful book gives information about working with traditional processes as well as updates on the modern system of hospital management. Dr H S Ballal, Pro-Chancellor, MAHE Releasing MUPs Latest Publication MAHE encourages young professionals to share their experience and encourages writing through MUP to share their world of experience to others and upcoming aspirants of different fields to select their profession

Meesho Launches New TVC Targeting Consumers from Smaller Towns and Cities

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Meesho, India’s largest marketplace for longtail products launched a new TVC targeting consumers from small towns and cities who are getting on board with online shopping for quality products at affordable price points. Conceptualized by DDB Mudra Group, this film showcases, that women are smart spenders and have unique ways of saving money. They manage their monthly expenses by better planning and create a pool of small savings from their monthly budget, safely tucked away in unexpected places of their home. Meesho with this campaign wants to bring the joy of online shopping with varied choices available on the platform without burning a hole in their pocket. Meesho Launches New TVC Targetting Customers  Commenting on the launch of the new TVC, Vidit Aatrey, founder and CEO, Meesho said, “As we enter a new phase in Meesho’s growth, one of our priorities has been to serve more people than we have ever before, especially those living in tier-2, tier-3 cities, who have the least spending

Economy Treads Cautiously Optimistic On Pent-up Demand: ASSOCHAM

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After a tough first quarter, the Indian economy is finding demand back on the back of a strong level of activities in a construction-related business, consumer durables like air-conditioners, refrigerators and other electrical gadgets and rural segments of the fastmoving consumer goods. Even domestic travel and tourism is witnessing an unleashing of pent-up demand, giving a pleasant surprise, as per an ASSOCHAM assessment. The ASSOCHAM note avoided giving any numbers to the growth projections although, both the first and second quarters of 2021-22 would be far better than the comparable period of the last fiscal.       "Although, hazarding a guess in the middle of a global pandemic is not desirable, last 2-3 weeks have been quite encouraging in terms of unlocking of Covid-19 restrictions in most of the states, leading to restoration of trade, pick-up in industrial activities and inventory going down," ASSOCHAM Secretary General Deepak Sood said. Economy Is Finding Its Demand