Archives July 2023

Mumbai, 17th July 2023 Info Edge (India) Limited (NSE: Naukri and BSE: 532777) announces the appointment of Mr. Sanjiv Sachar as Additional (Non-Executive Independent) Director of the Company, effective from July 15, 2023, subject to requisite approval of the members.

Mr. Sanjiv Sachar, aged 65 years, is a Fellow Member of the Institute of Chartered Accountants of India and has retired as the Senior Partner of Egon Zehnder in 2016, the world’s largest privately held executive search firm. Mr. Sachar has set up the Egon Zehnder practice in India in 1995 and has played a key role in establishing the firm as a market leader in the executive search space across various industry segments. Over the course of his two decades at Egon Zehnder, Mr. Sachar has mentored senior executives across industry sectors that today are either Board members, CEOs or CFOs of large corporates in India and overseas. Mr. Sachar has also been a co-founder of a Chartered Accountancy and Management Consulting firm, M/s. Sachar Vasudeva & Associates and co-founded an executive search firm, Direct Impact.

He had started his corporate career in the finance function with SRF Nippondenso (now known as Denso), one of the world’s largest manufacturers of starter motors. Post-qualifying as a Chartered Accountant in 1982, Mr. Sanjiv started his career with the management consulting division of AF Ferguson (now part of Deloitte). He is the partner of the Delhi Chapter of Social Venture Partners, a global Philanthropic network. He is the chief Mentor of Huddle, an incubator located in Gurgaon.

Presently, he holds Board membership in HDFC Bank Limited and KDDL Limited and is also the Designated Partner of Sachar & Sachar LLP.

Commenting on the above appointment, Mr. Kapil Kapoor, Chairman of the Board said, “I am delighted to welcome Mr. Sanjiv Sachar as Independent Director to the Info Edge Board. He will bring rich experience in strategy, governance, finance and human resources. We believe that his contribution and counsel will be of great value to Info Edge and all the stakeholders.”

New Delhi, 17th July 2023: Exuding confidence that an ESG (Environmental, Social, and Corporate Governance) will pave the way for India’s sustainable development by 2047, Union Law Minister, Shri Arjun Ram Meghwal today said that the strategy has a significant place in India’s G20 agenda. He said that while the Government’s Azadi Ka Amrit Mahotsav commemorates 75 years of India’s independence, innovative and new-world strategies like ESG will decide where India will stand after 25 years (in 2047) when the country will celebrate 100 years of independence.

The Union Minister was speaking at the ‘Global Summit 2023’ hosted by the Institute of Cost Accountants of India (ICMAI) at Manekshaw Centre in New Delhi. The two-day event, which ended today, was organized on the theme “Unlocking Sustainability: G20 Presidency Paves the Way for an ESG-driven New World Order”. The summit focused on India’s G20 presidency theme of “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future”, while exploring the ESG strategy to achieve the same.

Shri Arjun Ram Meghwal, Union Minister for Law and Justice, and Chief of Guest at the event, said “ESG is being discussed in G20 a lot. While Azadi ka Amrit Mahotsav marks our 75 years of journey of independence, G20 elements like ESG will decide the roadmap of the country’s future after another 25 years, in 2047. This is a very appropriate time when we are having such valuable forums on this new concept as India is at the helm of the G20 presidency. If we carefully consider our own ancient culture, then it has always promoted sustainability practices in subtle ways through rituals and festivals.”

CMA Vijender Sharma, President, ICMAI, said, “Our institute is helping the farmers to progress, in line with the Prime Minister’s ambition of double-digit growth for them. We are doing this in the form of providing a diploma in cost accounting for farmers and have also signed an MoU with IGNOU recently. We are also glad to inform that ICMAI is helping the Indian Army, Indian Air Force and Indian Navy. We have especially helped the Indian Army to help the officers and other ranks to rehabilitate them when they get superannuated, through our cost accountancy course.” The ICMAI President also expressed a vote of thanks to the Union Law Minister for launching the ICMAI International ADR Chamber.

Hon’ble Chief Guest inaugurated ICMAI International ADR Chamber, A section 8 company under the Companies Act, 2023, promoted by the Institute of Cost Accountants of India (ICMAI).

On the opening day of the event yesterday, Dr. Subhas Sarkar, Hon’ble Union Minister of State for Education, had graced the event virtually as the Guest of Honor. Other dignitaries present were Lieutenant General Samir Gupta, Vishisht Seva Medal (VSM), Director General, Financial Planning, Indian Army, and Shri Atul Sobti, Director General, Standing Conference of Public Enterprises, (SCOPE).

ICMAI is a statutory professional body established by a special Act of Parliament for the regulation and development of the profession of Cost and Management Accountancy. The Institute is under the administrative control of the Ministry of Corporate Affairs, Government of India.

Pertinent to mention here that India’s G20 theme is in line with the Prime Minister’s vision of minimum government and maximum governance; inclusive growth & social transformation; energy transformation; achieving net zero & environmental sustainability; Green Mobility – Surface, Air, and Ocean; Green Finance; ESG (Environmental, social, and corporate governance) and Business Responsibilities.

17th July 2023: The Chandrayaan-3 mission by the Indian Space Research Organisation (ISRO) successfully took off from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh on Friday, July 14th.

Streaming the launch live on YouTube, News18 platforms including regional channels witnessed a record number of live concurrent viewers.

On YouTube, News18 Madhya Pradesh/ Chhattisgarh’s digital platform achieved an impressive milestone with 421K live concurrent viewers, while CNN- News18 garnered 320K live concurrent viewers respectively.

Maintaining the leadership position during the launch, News18’s YouTube platforms surpassed live stream numbers of Aaj Tak and Zee News.

News18 Network has established itself as an undisputable leader in terms of viewership on both TV and digital platforms. In June, the group showcased exceptional performance by garnering a whopping 5.1 billion views on YouTube and Facebook combined and became the preferred choice for viewers seeking news content on digital.

The network continues to capture the undivided attention of viewers and has emerged as the preferred source for all proud Indians who wanted to witness the live coverage of the historic Chandrayaan-3 event.

Nagpur(S.N)-Wockhardt Hospitals Nagpur, a leading healthcare provider with a legacy of more than 30 years of caring and nurtured innovation is always at the forefront to serve human beings. In line with this aim,is always on the look for experts to serve human beings. One such expert Oncologist Dr. Sameeksha Dubey has joined Wockhardt Hospitals Nagpur.

Dr. Sameeksha Dubey, an expert and experienced Medical Oncologist- MBBS,DNB-SS(Medical Oncology) MD Medicine (Gold Medalist) has joined Wockhardt Hospitals Nagpur as a Consultant Medical Oncologist. She has an experience of around a decade in the medical oncology specialty. Her training at premier institutes of India and abroad provides the precise diagnosis and best clinical outcomes.

Although Dr. Dubey treats all kinds of cancer, both solid and blood cancers, she has a special interest in women-related cancers and cancer immunotherapy in which she specializes too. Dr. Dubey an expert, experienced and the only qualified female medical oncologist in Vidharbha is of the opinion that Cancer in Indian society and especially women is still considered taboo. This perception, though improving with our development, has not yet changed completely. Women still have hesitancy in coming forward with the disease symptoms and due to this, often present with advanced or late-stage diseases. At Wockhardt Cancer Institute, Nagpur, Dr. Dubey is focussed on women-related cancers including breast, ovary, uterus, and cervix cancers – and as per her vast experience and knowledge, she says all of which are curable when diagnosed early. The usual symptoms are mostly without pain and nonspecific and are often neglected by women. With a focus on such cancers, Dr. Dubey being a female oncologist is working towards creating awareness about the disease, it’s prevention with vaccines, holistic treatment approach and also providing a safer environment for women with cancer to come forward.

Dr. Dubey is also specifically focused on Cancer immunotherapy, which is the latest and most advanced treatment approach now available for cancer patients. Needless to say, this is also being done at Wockhardt Cancer Institute Nagpur. It’s a way in which the patient’s own immune system is improved to fight against cancer. It has much less side effects compared to chemotherapy and has longer benefits. At Wockhardt, we are able to provide expert opinions and best treatment options for cancer patients requiring immunotherapy.

She is a very well-trained clinician with numerous degrees to her credit, an MBBS( Padmashree Dr. D.Y. Patil Vidyapeeth, Pune ) MD. (Internal Medicine ), ( DMIMS, Sawangi , Wardha ), DNB Super specialty in Medical Oncology (P.D.Hinduja Hospital, Mumbai ), European Certification in Medical Oncology, ESMO, Preceptorship courses in Breast Cancer & Immunotherapy and Certificate of Advanced Studies in Gastro-Intestinal Cancers(CAS-GI) (USI) Lugano, Switzerland.

With all these degrees and her vast experience at Nanavati Superspeciality Hospital, Vile Parle, Mumbai, Holy Family Hospital, Bandra Mumbai, Breach Candy Hospital, Mumbai, Asian Cancer Institute Mumbai, Rashtra Sant Tukdoji Regional Cancer Hospital, Nagpur, a humble personality, she has now joined Wockhardt Hospitals Nagpur.

Patients can avail her services at Wockhardt Hospitals Nagpur.

Mr. Siraj Ali Mohamed, Director- Data and Analytics, Experion Technologies

With significant achievements in AI technologies, access to a wide range of datasets, and low-cost storage and computing power, the impact has been transformative in recent years. In the future too, developments in Natural Language Processing and Contextual Understanding will enable systems to provide a hyper-personalized experience – interacting with customers with a stronger understanding of their preferences, behaviors making personalized recommendations, offering customized offerings, understanding emotions and complex language nuances so well that people are not likely to make out the difference between a human and a virtual assistant or a chatbot. AI-driven technologies such as Computer Vision, Augmented Reality, and Virtual Reality will see more innovative use cases in the day-to-day aspects of our life, creating differentiators for businesses and enriching the customer journey.

Mr. Karun Tadepalli, CEO & Co-Founder, byteXL

There has been a huge watershed moment for Artificial Intelligence after ChatGPT was unveiled. AI has applications in a lots of engineering fields including automation of tasks, which massively boosting productivity and propels the economy forward. Considering how it will replace traditional IT jobs, students with AI specialization will certainly have a competitive advantage in coming years. Since Artificial Intelligence is still a nascent field – it has a lot of scope for study, research breakthroughs and coming up with new algorithms. Now is the right time for educators to skill students on AI fundamentals so that they can seize it at the right time and build upon their skillsets as the research advances.

Mr. Anwar Hussain, Director of AI/ML & DevSecOps, CriticalRiver

Artificial Intelligence has revolutionized technology consultancy, empowering consultants with enhanced problem-solving capabilities and streamlined decision-making processes. This new era of expertise, empowered by intelligent algorithms, is shaping the future of businesses in the digital age, delivering unparalleled value to clients, and transforming the field of technology consultancy. AI is poised to further transform the seamless digitization and automation in India, bringing about significant advancements and opportunities across various sectors. As AI continues to advance, India stands to benefit from its transformative potential. By embracing AI-driven digitization and automation, India can pave the way for improved governance, enhanced customer experiences, advanced manufacturing practices, accessible healthcare, quality education, sustainable agriculture, and efficient transportation systems.

Mr. Ajeya Motaganahalli, VP, Engineering and Managing Director, India R&D, Pure Storage

Artificial Intelligence (AI) has emerged as a revolutionizing force that changes the way we innovate and interact with technology. Its transformative power extends far beyond automation and efficiency, shaping the very fabric of our society and planet. While it can contribute to environmental sustainability through various applications, it also presents challenges. Large-scale AI workloads and advanced data analytics demand higher energy consumption. The MIT Technology Review reported that training just one AI model can emit more than 3,00,000 kilograms of carbon dioxide equivalent – which is nearly five times the lifetime emissions of an average car. To lessen the environmental impact of AI, it’s important to invest in sustainable practices like green data centers using all-flash storage which have lower energy and cooling requirements. Additionally, addressing issues of bias and ensuring transparency in AI systems can contribute to fair and equitable environmental decision-making.

Dr. Skand Bali, Principal, The Hyderabad Public School

The biggest contribution that Artificial Intelligence could make to education in the Indian context would be to promote the idea of learning as learner-centered. The intervention of Al will be a collaborative exercise rather than as generative tool. Schools can find a way to work alongside these AI tools, allowing it to help students create outlines for writing assignments, but write the essays longhand themselves. Today’s students will graduate in a world full of AI bots, tools, and generative programs. Policing students will be a much tougher task than rethinking classroom practices and restructuring learning models. With AI automating admin tasks, it will create more time for teachers to spend with their students, understand an individual student’s need better and modify lessons accordingly. It is not just for students, educators can use it effectively to help develop advanced tests, generate case studies, write emails, and rethink teaching strategies rather than spend long evenings on lesson plans and student papers.

Nevertheless, we can always challenge the students to show they know more than the bot, they will jump at the challenge.

Mumbai, 17th July 2023: Dalmia Bharat Foundation (DBF), the corporate social responsibility arm of Dalmia Bharat Ltd. (DBL) has announced its plan to train 1 lakh youth by FY 30 under its flagship programme – Dalmia Institute of Knowledge and Skill Harnessing (DIKSHa). DIKSHa is dedicated to enabling skill development and sustainable livelihoods for disadvantaged youth in rural communities in India. To strengthen the reach of the programme, DBF will be opening 8 new centres across India in FY 24, in addition to its existing network of 15 centres, with a cumulative training capacity of 8000 trainees. The new centres will be launched in Andhra Pradesh, Assam, Bihar, Jharkhand, Maharashtra, Odisha and Tamil Nadu. The programme was initiated in partnership with the National Skill Development Corporation in 2016. DBF has further expanded partnerships to include the State Skill Development Missions of Odisha and Karnataka, as well as collaborations with organizations like NABARD, NBCFDC, OSDA, BOSCH, Schneider Electric, etc.

Commenting on the expansion plan, Mr. Ashok Kumar Gupta, CEO, Dalmia Bharat Foundation said, “At Dalmia Bharat we aim to create programmes for inclusive development and are committed to make a tangible impact on the lives of the marginalized communities. On the eve of World Youth Skills Day, we are happy to announce our expansion plans for DIKSHa, dedicated to empowering our youth with essential skills for a brighter future. We aim to bridge the significant skill gaps in our nation’s workforce, creating opportunities for economic empowerment and a better life. Through DIKSHa we hope to build a skilled and Atmanirbhar India.”

In a country with the youngest and largest workforce in the world, India faces the challenge of significant skill gaps, with only 5% of the workforce recognized as formally skilled. Addressing this concern, DBF via DIKSHa provides placement-linked, short-term skill training to youth and women, adding them to the skilled workforce for enhanced income.

DIKSHa primarily focuses on training unemployed youth or youth with limited prospects by enhancing their employability through skill development. DIKSHa offers training in a wide range of areas, including healthcare, industrial sewing machine operator, assistant electrician, customer relationship management, sales and marketing, data entry operator, beauty and wellness, and unarmed security. Till date, DIKSHa has trained 11647 individuals successfully with more than 8271 individuals placed in gainful employment, earning monthly wages ranging from INR 8,000 to INR 20,000.

Making her OTT debut a memorable affair, actor Manasvi Mamgai’s performance in the recently released The Trial, has left everyone in awe. The former Miss India is no stranger to the camera after her debut with Ajay Devgn’s 2014 film Action Jackson and has once again proved her acting prowess in the world of OTT as well.

Manasvi plays the role of a star’s girlfriend who is at the receiving end of a witch hunt after the suspicious death of her boyfriend. The actor has portrayed her character with much sensitivity and depth, giving viewers an empathetic perspective toward her character. Her case is taken up by Kajol’s character, who is determined to prove Manasvi’s innocence.

The intensity and emotional range the actor has shown in the series have caught the attention of the critics, who have applauded her performance. Manasvi’s performance has been crowned with compliments like “outstanding”, ” Shining bright”, and “solid performer” by viewers on social media. Critics too have applauded her “convincing performance” in the series.

Speaking about the response, actor Manasvi said, “I made my big-screen debut alongside Ajay Devgn roughly eight years ago, and I don’t believe there could have been a greater show for my OTT debut than The Trial. Working with Suparn Varma, one of the most sought-after directors, and Kajol, a living legend in her own right, is a pleasure. They are also highly nurturing, which made it the ideal OTT launch. The response that I have received has been overwhelming and I’m eager to accomplish more in India. There is nothing like coming home, it feels so lovely. It truly doesn’t feel like I ever left because of how warmly the press, paparazzi, my friends, and the industry have welcomed me back.”

The actor has happily claimed the OTT space and has signed a few projects, which she will announce at the right time.

New Delhi, India – 17th July 2023 – On the occasion of World Youth Skills Day, Tata Power Skill Development Institute (TPSDI) proudly announces a significant milestone of having successfully trained 2 lakh students in essential and green job skills for the power sector. TPSDI, a state-of-the-art skill enhancement institute, has been a driving force in empowering youth and individuals with employable skills, with a specific focus on jobs pertaining to the renewable energy sector, in alignment to the company’s ‘Sustainable is Attainable’ mission.

World Youth Skills Day is observed annually on July 15th and is led by the United Nations to recognize the strategic significance of providing young individuals with the skills necessary for employment, decent work, and entrepreneurship. With its six training centres across India, TPSDI has made remarkable progress in addressing the significant challenge of skill gaps prevalent in the Indian Power Sector.

Green jobs are experiencing a notable upward trajectory as the demand for sustainable solutions and environmental conservation continues to grow. TPSDI recognizes this increasing demand for green jobs as India aims to achieve net zero emissions by 2070 and to drive the clean energy transition with an aim to fulfill India’s goal of achieving 500 GW of renewable energy capacity. TPSDI is committed to offering specialized training and certification programs while aligning itself with the country’s sustainable development goals and preparing individuals for rewarding careers in the growing field of green jobs.

“At Tata Power we believe in empowering youth through skilling and progressive capacity-building for a transformative future. Our efforts are centred around making the youth from our communities future-ready. Through TPSDI, we are creating an ecosystem that fosters focused training for the youth in cutting-edge green and smart energy technologies, opening them to opportunities for gainful employment and entrepreneurship.” stated Mr. Himal Tewari, Chief – HR, CSR & Sustainability at Tata Power.

At TPSDI, the training experience is meticulously designed to ensure the holistic development of trainees. Beyond imparting technical skills, the institute also emphasizes enhancing numerical proficiency, scientific acumen, fundamental IT knowledge, industry orientation, effective communication, soft skills, personality development, work ethics, and sector-specific safety, health, and environment (SHE) practices. The training program combines theoretical knowledge with practical hands-on skills, nurturing well-rounded professionals prepared to tackle the industry’s challenges with excellence.

Continuing its unwavering commitment to empowering India’s youth, TPSDI recently impaneled with India’s Skill Council for Green Jobs (SCGJ) and Power Sector Skill Council (PSSC), highlighting its commitment to quality training and industry alignment. The training courses at TPSDI follow the TPSDI Competency Framework, which aligns with the National Skill Quality Framework (NSQF). This framework enables participants to quickly acquire deployable skills and encourages them to continuously upgrade their skills over time. To cater to India’s smart energy requirements, TPSDI also unveiled skill development courses in Solar Photovoltaic for Electric Vehicle Charging, Installation and Maintenance of Rooftop Solar Photovoltaic, Installation of Smart Meters, and Home Automation.

TPSDI is taking a forward-looking approach by envisioning the introduction of courses in cutting-edge fields like artificial intelligence, machine learning, and energy consulting. This proactive stance ensures that trainees remain at the forefront of technological advancements in the energy sector. As India places utmost importance on its responsibilities and duties, the next 25 years of independence, known as “Kartavya Kaal,” hold immense significance. TPSDI is aligning its offerings with this vision, contributing to the country’s journey towards 100 years of independence and embracing an era of excellence and responsibility.

India, 17th July 2023 Indian Overseas Bank has partnered with SatSure (https://www.satsure.co/), a deep tech decision intelligence company to leverage location-specific insights via satellite imagery and digital transformation to improve Agri asset loan lifecycle management.

The project will commence with a three-month Proof of Concept (POC) phase, scheduled to run from June to August. During this period, Indian Overseas Bank will utilize two key services offered by SatSure:

Sat Source Report: SatSource report combines 30+ parameters that affect the crops and the income potential of the farmer from the crops cultivated in the previous seasons

Lead Generation: Regional-level agricultural and crop analytics will be provided to understand the historical risk and plan the lead generation.

New Delhi, 17th July 2023 – Bharat Forge, a Pune-based Indian conglomerate, celebrated World Youth Skills Day by demonstrating its commitment to youth skill development and its contribution to the national Skill India movement. The company recognized the significance of providing skill development opportunities to the youth, enabling them to secure employment or become self-employed.

Through its Corporate Social Responsibility (CSR) efforts, Bharat Forge actively supported the national agenda for Skill Development by implementing various initiatives. Bharat Forge established a Centre of Excellence in Baramati, where young individuals were equipped with new-age technology skills, including the Internet of Things, Artificial Intelligence, Machine Learning, Robotics, Data Science, and more. This state-of-the-art facility empowered learners to excel in the digital era and contribute to India’s technological advancement.

In partnership with four Government ITIs, Bharat Forge facilitated skill development through its Incubation Centre. As part of this initiative, the company was in the process of setting up a CNC simulation lab at ITI Khed, providing practical training opportunities and enhancing the skill sets of aspiring professionals.

Bharat Forge also undertook mentorship programs to upskill young farmers and budding engineers. By providing guidance, expertise, and real-world exposure, the company nurtured talents and equipped the youth with necessary skills to drive innovation and contribute to India’s economic growth.

Through these initiatives, Bharat Forge actively contributed to building a skilled workforce, aligning with the vision of India as a global skills provider. The company empowered young individuals, fostered a culture of entrepreneurship, and facilitated integration into the evolving job market.

Bharat Forge’s commitment to nurturing talent and supporting aspirations remains steadfast. The company’s strategic partnerships, combined with cutting-edge technologies and mentorship programs, continue to create a lasting impact on skill development in India.