Archives August 2023

T.E.A.M (a student-led NGO) strives to tackle water scarcity with their initiative, ‘Quench The Trench’ in Pabal

T.E.A.M

T.E.A.M (Together Everyone Achieves More), a student-led emergency relief NGO known for their enthusiasm and competence, has announced the launch of their initiative, ‘Quench The Trench’, a water percolation project. This new endeavor aims to tackle the longstanding issue of water scarcity in Pabal, a village located in the Shirur Taluka of Pune district (Maharashtra). With its history of drought and persistent water insufficiency, Pabal needs a solution to help improve the current state of scarcity.

Comprising of 11 hard-working and socially-conscious high school students, T.E.A.M exemplifies a commitment to effecting positive societal changes and cultivating compassionate relationships. Formed in 2015, this initiative was started by a group of 6 teenagers who are now enrolled in renowned universities across the world. Their active involvement in a series of initiatives continues to inspire current high-school students, with TEAM growing every year to provide timely and dedicated support in times of need.

In their latest endeavor, T.E.A.M has prioritized the construction of trenches as part of their initiative to provide a consistent water supply to the village of Pabal. Proper measurements of the trench area to be excavated have been taken to start the process of excavation. The labour will work 12-15 hours a day along with 2 Poclain operators and helpers working in shifts to expedite the work

Boult Desi Fest Returns with Unmissable Deals and Discounts: Up to 85% Off on Cutting-Edge Tech in a Sensational Independence Day Extravaganza!

New Delhi,5th August 2023 Get ready to ignite your excitement with the return of Boult Desi Fest – a pulsating spectacle of savings that will rock your tech-loving world! From August 4th to August 9th, brace yourselves for an electrifying extravaganza as Boult, India’s fastest-growing wearable brand, unleashes an epic torrent of unbeatable deals and discounts during the much-awaited “Boult Desi Fest” Independence Day Sale!

Experience the rush of unparalleled products at jaw-dropping prices during this exhilarating savings on Boult’s official website. Dive into a shopaholic’s dream, where convenience and incredible value converge, setting your shopping desires ablaze!

But that’s not all – Boult has taken the festivities to soaring heights, joining forces with the biggest players in the game:

Flipkart’s Big Saving Days Sale: Witness the brilliance of Boult products as they take the spotlight during Flipkart’s Freedom Sale, with incredible savings pouring in from August 4th to August 9th.

Amazon’s Great Freedom Festival: Amazon’s Great Freedom Festival: Immerse yourself in a symphony of discounts as Boult products take center stage, adding to the excitement of Amazon’s Great Freedom Sale, flowing from August 4th to August 8th.

Key Highlights of the Boult Desi Fest:

Smartwatches that Redefine Tomorrow:

Indulge in the allure of futuristic smartwatches, capturing the essence of innovation and style, all starting from an astonishing INR 999. Elevate your wrist game with the Boult Drift at just INR 1199, the Boult Drift+ at an irresistible INR 1299, and the Boult Striker+ also at INR 1299. Mark your calendars to embrace the future on your wrist.

True Wireless Stereo (TWS) Delights:

Embark on an auditory journey of pure bliss with True Wireless Stereo (TWS) devices, where prices start at an astounding INR 899, unveiling discounts of up to a staggering 85%. Immerse your senses in the captivating soundscapes of TWS models, including the Boult Z40, available at INR 1199, the Boult Y1 at a mesmerizing INR 999, and the Boult Z35, a steal at INR 899.

Elevate Your Musical Experience with Neckbands:

Revolutionize your music encounters with neckband headphones, yours to possess from just INR 599, featuring mind-boggling discounts of up to 85%. Stay seamlessly connected and entertained with exceptional neckband choices, such as the Boult Fx Charge, a remarkable INR 799, and the Boult F Charge, a true value at INR 899.

These sensational offers reflect Boult’s commitment to delivering high-quality products that cater to the diverse needs of our customers. Don’t let this incredible opportunity slip through your fingers; elevate your audio experience and stay connected in style!

Varun Gupta, Cofounder of Boult, expressed his excitement, saying, “We are thrilled to bring back the Boult Desi Fest Independence Day Sale. This is an opportunity for our valued customers to indulge in our premium range of products at unprecedented prices. Whether you’re a music enthusiast or seeking to upgrade your smartwatch game, Boult has something for everyone.”

Don’t miss out on the chance to transform your audio and smartwatch experience while enjoying incredible savings. Mark your calendars for August 4th to August 9th and join us in celebrating Independence Day with style and savings.

For more information and to explore the exciting range of products, visit Boult’s Official Website. Get ready to thrill your senses and pocket fantastic deals during the Boult Desi Fest!

Cornitos Presents Unique Combos to Gift on Friendships Day

Cornitos Presents Unique Combos to Gift on Friendships Day

On the occasion of Friendship Day, enhance your bond with your buddy by celebrating with Cornitos! Strengthen your friendship with the delightful and unique Combo Packs presented by Cornitos on wild as you like theme. Share these thoughtfully curated combos with your dear ones to add more flavor and enjoyment to their special day.

Ultimate flavor fiesta combo features Cornitos Nacho Crisps in three tantalizing hot flavors: Peri Peri, Tikka Masala,and Sizzlin Jalapeno. But the excitement doesn’t end there! Cornitos Nacho Peri-Peri Tray, along with a 4-in-1 pack of Cornitos Salsa Dip and Roasted Cashews in the irresistible Pepper & Herbs flavor are all in the box for your flavourful indulgence. This combo is a snack lover’s dream come true. Don’t miss out on this Spicy flavourful treat available at an affordable price.

Get ready to ignite the party vibes with our Party Fiesta Combo! This irresistible combo includes a delightful assortment of Cornitos Nacho Crisps in three exciting flavors – Sweet Chilli, Sizzlin Jalapeno, and Cheese and Herbs. To complement the nacho experience, the pack also includes Cornitos Roasted Cashews Pepper and Herbs, adding a savory and nutty element to the mix. But that’s not all! This combo also features Cornitos Party Mix, a fantastic medley of roasted corn nuts, coated green peas, and coated peanuts. Grab the Party Fiesta Combo today and make every celebration an unforgettable fiesta of flavors!

Immerse yourself in a Mexican culinary adventure with our Mexican Fiesta Combo. This carefully curated combo includes Cornitos Slice Jalapeno Pepper, adding a fiery kick to your dishes. Pair it with Cornitos Chunky Salsa Hot and create authentic tacos using Taco Seasoning, or wrap up delectable fillings in Cornitos Tortilla Wrap – Wheat Flour. To complete your Mexican feast, indulge in the creamy and cheesy goodness of Cornitos Cheesy Dip. And of course, no Mexican experience is complete without Cornitos Nacho Crisps platter made using Sea Salt and Jalapeno flavour, crispy and addictive.

Grab the Corny30 offer of 30% discount and buy special Cornitos Combos for your friends. Available only on https://shop.cornitos.in/collections/gift-pack

Cummins India Limited – Results for the quarter ended June 30, 2023

Bengaluru, India, 5th August 2023 Cummins India Limited (NSE: CUMMINSIND, BSE: 500480) The Board of Directors of Cummins India Limited (CIL), at their meeting held today, reviewed, and approved the unaudited financial results for the quarter ended June 30, 2023.

Performance Highlights (based on standalone unaudited financial results) for the quarter ended June 30, 2023:

  • Profit after tax at ₹ 316 Cr. is higher by 59% compared to the same quarter last year and lower by 1% compared to the previous quarter.
  • Total Sales for the quarter at ₹ 2,175 Cr. increased by 31% compared to the same quarter last year and increased by 15% compared to the previous quarter.
  • Domestic sales at ₹ 1,677 Cr. increased by 43% compared to the same quarter last year and increased by 20% compared to the previous quarter.
  • Exports Sales at ₹ 498 Cr. increased by 3% compared to the same quarter last year and increased by 1% compared to the previous quarter.
  • Profit before tax at ₹ 415 Cr. is higher by 57% compared to the same quarter last year and is almost flat compared to the previous quarter.

Ashwath Ram, Managing Director, Cummins India Limited, said:

Indian economy continues to grow steadily despite global geo-political uncertainty, inflationary trends, demand fluctuations, etc. This is evident through macroeconomic indicators such as robust GST and direct tax collections, the Index of Industrial Production (IIP), Purchasing Managers’ Index (PMI), etc. The government continues to focus on infrastructure development with higher budgetary allocations. RBI has kept the repo rates unchanged for the past 4-5 months, considering softening of inflation; though globally, the central banks have been increasing the lending rates, which is a sign of stability in prices in the Indian economy despite the increase in demand across sectors. The global economic outlook continues to be mixed, given the inflation containment measures impacting demand.

For the quarter ended June 30, 2023, CIL reported record revenue, driven by strong domestic and pre-buy demand considering CPCBIV+ emission changes effective July 1, 2023. Exports revenue was almost at the same level as the previous quarter. With the revised guidelines on the implementation of CPCBIV+ and continued specific supply chain challenges, especially for certain electronic and other components, we remain cautiously optimistic about the demand outlook for the near term and positive about the long-term growth prospects.

Post the quarter that ended June 30, 2023, the company launched products duly certified to meet the new emissions norms in the Powergen segment. The company is confident of offering the best-in-class products to its customers, which will continue to deliver superior performance and meet the new emission norms.

Future Outlook:

There have been recent changes in the CPCB IV+ norms’ implementation timeline; the Central Pollution Control Board has allowed the sale of CPCB II generator sets until June 30, 2024, with certain conditions. CIL is fully prepared to meet the demand despite uncertainty in the next few quarters. Further, the geo-political and supply chain conditions continue to be unpredictable. The Company is well-positioned to tackle challenges and leverage growth opportunities considering a strong balance sheet, continued prudent capital allocation and cost management. We remain optimistic about the prospects of the company’s continued profitable growth.

#TreatmentZarooriHai: MS Dhoni Urges Indians to Prioritize Timely Treatment for Joint & Heart Health

Bangalore,5th August 2023 Meril, a global Indian medical device company launched #TreatmentZarooriHai, a public awareness campaign in September 2022 and is ongoing. The aim of the campaign is to spread awareness amongst Indian citizens on specific diseases related to large joints (hip and knee) and heart (Aortic Stenosis and Coronary Artery Disease) through reliable and helpful information. The campaign #TreatmentZarooriHai intends to bridge the gap between patients, caregivers, and the medical fraternity.

Over the year, the campaign has been amplified with a robust marketing plan including digital, social media and micro-influencers. Thus so far, the campaign has garnered more than 10M impressions on social media and created an opportunity to see (OTS) of approx more than 20Mn pan India through print & television outreach over a period of 11 months.

In the campaign MS Dhoni is seen bringing the perfect touch of compassion to look after the elderly at home. With his soothing charisma, the message of treatment zaroori hai, aur aasan bhi is conveyed to audiences of all age groups across all platforms.

Mr. Sanjeev Bhatt, Sr. Vice President, Meril says “With the country deciding to focus on healthy living, it is crucial that we support the public with the most scientifically proved approach towards disease prevention and management of non-communicable diseases of the heart and bone. Initiatives like ‘treatment zaroori hai’ have resulted in increased awareness among the public. With #TreatmentZarooriHai, our goal is to ensure that we reach out to as many people and urge them to opt for timely diagnosis and treatment. We have taken an integrated approach so that we can reach out to not just patients (usually 40 years and above) but also their family members – children, grand-children that are digitally savvy.”

This National Bone & Joint Day, it is important to focus on joint pains. As age progresses, especially for the senior citizen, their agility and mobility are hampered due to severe joint pains that directly interfere with their ability to carry on with the daily chores. The most common conditions that normally lead to age-related joint pains are osteoarthritis, rheumatoid arthritis, and joint injuries.

Osteoarthritis(OA) is a chronic condition that affects millions of people worldwide. It is witnessed that around 15 crore Indians, majorly above the age of 50, suffer from some or the other kind of knee-related issues due to familial history, age-related degeneration, lack of physical activity, obesity, lifestyle diseases, and inflammatory ailments. Even though more than 2.5 lakh people undergo total knee replacement surgery in India every year, people are still afraid of getting a knee replacement surgery done. However, advancements in medical technology have brought about innovative treatment options, including robotic joint replacement, which has revolutionized the way we approach osteoarthritis management.

Odysse and bud-e Forge Long-term Strategic Alliance: Procuring 10,000 Electric Vehicles from Odysse

Odysse

Hyderabad,5th August 2023 Odysse Electric Vehicles, India’s fastest-growing premium electric vehicle manufacturer is delighted to announce its latest strategic alliance with bud-e, a leading EV two-wheeler MaaS provider. Odysse celebrates a significant achievement with a 10,000 units order from bud-e for its highly acclaimed scooter. The delivery will be completed in phases over the next two years. This strategic alliance demonstrates the mutual commitment of both parties towards reducing carbon footprints and contributing to the national goal of achieving zero emissions.

This strategic partnership marks a significant milestone for Odysse as it continues to strengthen its presence in the electric scooter market. The electric scooter has gained widespread recognition for its exceptional performance, cutting-edge technology, and environmentally conscious design, positioning it as the preferred choice for modern urban commuters. This partnership would bring remarkable benefits to bud-e, including scalability, and cost savings, while also helping them achieve a competitive advantage in the market.

Speaking on the occasion, Mr. Nemin Vora, CEO, Odysse Electric Vehicles Pvt. Ltd., “We are thrilled to partner with Bud-E for our electric scooters. This collaboration highlights the growing demand for sustainable transportation solutions and Odysse’s commitment to providing high-quality electric vehicles that prioritize both performance and environmental impact.”

bud-e smart electric bikes incorporate app-enabled IoT integration, ensuring rider convenience with an impressive range and swappable batteries. As pioneers in India’s electric vehicle industry, bud-e takes pride in offering intelligent and tailored SaaS solutions for fleet management and rental subscriptions, catering to diverse businesses. Through their innovative fleet management and rental subscription portals, bud-e is reshaping mobility by monitoring drivers, prioritizing safety, and optimizing battery and inventory management systems.

Speaking on the occasion, Mr. Adithya Tekumalla, Co-Founder and CEO, bud-e, “I am filled with immense pride and excitement to announce a groundbreaking collaboration that marks a significant step towards a cleaner, greener and sustainable future.

Our vision for a cleaner, sustainable future making everyday commute affordable, convenient, flexible, hassle-free and electrifying the last-mile delivery segment has led us to embark on this ambitious journey. Our idea is to reduce the dependence on personal automobiles. Together Bud-e and Odysse aim to put 10,000 EV’s across the nation.

We believe that the long-term collaboration with Odysse will give an added advantage in terms of continuous supply of vehicles, availability of Spare parts , leveraging dealer networks for expansion in different cities while keeping the uptime and utilization of vehicles to the fullest and keep the churn low. Over the next 2 years, we plan to acquire more vehicles from Odysse and create swappable charging ecosystem for faster adoption of EV’s.”

Odysse is dedicated to ensuring a seamless delivery process for the 10,000 units of electric scooters, prioritizing customer satisfaction. Furthermore, the company is committed to providing comprehensive after-sales support, including maintenance services and readily available spare parts, to ensure a smooth ownership experience for the Company and its customers.

Piramal Pharma Limited Announces Consolidated Results for Q1FY24

Mumbai, India | 5th August 2023 Piramal Pharma Limited (NSE: PPLPHARMA | BSE: 543635), today announced its consolidated results for the first quarter (Q1) ended 30th June 2023.

 (In INR Crores)

Particulars Q1

FY24

Q1

FY23

YoY Growth Q4

FY23

QoQ Growth
Revenue from Operation 1,749 1,482 18% 2,164 -19%
CDMO 898 770 17% 1,285 -30%
Complex Hospital Generic (CHG) 617 508 22% 702 -12%
India Consumer Healthcare (ICH) 239 211 13% 206 16%
EBITDA 171 89# 92% 376 -55%
EBITDA Margin 10% 6%   17%  
PAT -99 -109 NA 50 -297%
PAT Margin -6% -7%   2%  

# Q1 FY23 EBITDA had one-time inventory margin impact of INR 68 Crore

Key Highlights for Q1FY24

  • Revenue from Operation grew by 18% YoY in Q1FY24 driven by broad base performance across all three businesses – CDMO, CHG and ICH
  • EBITDA margin in Q1FY24 was 10%, a YoY improvement compared to 6% in Q1FY23, driven by healthy revenue growth and cost optimization measures
  • We maintain our quality track record of zero OAIs (Official Action Indicated) as we successfully closed the US FDA inspection at the Pithampur facility with zero observations
  • We strengthened our Management Team by appointing Jeffrey Hampton as President & Chief Operating Officer for Piramal Critical Care (CHG business)
  • We have shared the details of our Rights Issue – Rights Price of INR. 81, Record Date of August 2, 2023 and Entitlement Ratio of 5:46

 Nandini Piramal, Chairperson, Piramal Pharma Limited said, “We had a positive start to the new financial year with healthy revenue growth and improvement in our EBITDA margins. Our CDMO business is also witnessing continued order inflows, especially for our differentiated offerings and innovation related work. Our Inhalation Anesthesia portfolio is seeing a healthy demand and our India Consumer Healthcare business is delivering good growth driven by power brands. We continue to maintain our best-in-class quality track record and are also taking multiple initiatives in the area of ESG to grow our business responsibly.

Historically our H2 has been better than H1, both in terms of revenue and profitability. We are working to leverage our good start to the financial year and continuing this momentum to deliver a healthy YoY performance for the rest of the year. We believe in the growth potential of our business and are accordingly executing on our strategic priorities to create shareholder value. Our promoter and promoter group have agreed to subscribe to the extent of 100% of the equity shares offered in our Rights Issue, thereby reaffirming their confidence in the underlying strengths of our business”

Key Business Highlights for Q1FY24
Contract Development and Manufacturing Organization (CDMO):

  •           Witnessed continued order inflow momentum and strong execution in Q1FY24. Continue to see good demand for our differentiated offering in the niche areas of high potent API, peptide, anti-body drug conjugate (ADC) and development and manufacturing of on-patent API
  •           Recently expanded capacities at sites with differentiated offering witnessing encouraging customer demand
  •           Capacity expansion for antibody drug conjugate (ADC) at Grangemouth facility to strengthen our position in the ADC market
  •           YoY improvement in demand for our generic API business
  •           Maintained our quality track record – Successfully cleared 8 regulatory inspections (including an US FDA inspection at our Pithampur facility) and multiple customer audits in Q1FY24
  •           Cost optimization, strategizing procurement and operational excellence initiatives helping to mitigate inflationary pressures and improve profitability

Complex Hospital Generics (CHG):

  •           Continued momentum in Inhalation Anesthesia (IA) sales, mainly led by strong demand for Sevoflurane
  •           Expanding inhalation anesthesia capacity to meet the growing demand
  •          Intrathecal portfolio in the US continue to command leading market share
  •          Building a pipeline of 27+ new products which are various stages of development. Launched 1       new product during Q1FY24
  •         Appointed Jeffrey Hampton as President & Chief Operating Officer of CHG Business. Jeff has previously worked with Accord Healthcare, Inc. and Apotex Inc.

India Consumer Healthcare (ICH):

  •           11 new products and 3 new SKUs launched during Q1FY24
  •           Continue to invest in media and trade spends to drive growth in power brands
  •           Power Brands – Littles, Lacto Calamine, Polycrol, Tetmosol and I-range, grew by 15% YoY in Q1FY24 and contribute to 43% of ICH sales
  •           E-commerce grew by more than 18% YoY in Q1FY24
  •           Wide distribution reach across general trade and are also strengthening our presence in alternate channels of distribution including e-commerce, modern trade, and having our own direct-to-customer website -Wellify.in

 

Reported Financials:

  (In INR Crores)

Particulars Q1FY24 Q1FY23 YoY Change Q4FY22 QoQ Change
Revenue from Operations 1,749 1,482 18% 2,164 -19%
Other Income 38 72 -47% 25 56%
Total Income 1,787 1,554 15% 2,188 -18%
Material Cost 627 574 9% 840 -25%
Employee Expenses 496 461 8% 474 5%
Other Expenses 494 430 15% 499 -1%
EBITDA 171 89# 92% 376 -55%
Finance Cost 119 62 90% 104 14%
Depreciation 174 162 7% 184 -6%
Share of net profit of associates 14 20 -28% 8 85%
Profit Before Tax -107 -115 -7% 95 -213%
Tax -9 -6 NA 45 -119%
Net Profit after Tax -99 -109 NA 50 -297%
Exceptional item 0 0   0  
Net Profit after Tax after

exceptional item

-99 -109 NA 50 -297%

 

# Q1 FY23 EBITDA had a one-time inventory margin impact of INR 68 Crore

 

 

Happiest Minds leverages ELLIPSE MSP platform powered by ServiceNow to deliver Intelligent IT and Enterprise Service Management

Happiest Minds leverages

India, 5th August 2023 Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital. Born Agile’, Mindful IT Company, today announced it has advanced in the ServiceNow Consulting and Implementation Partner Program to help organizations with their digital transformation needs. The partnership enables Happiest Minds to modernize and scale IT and Enterprise Service Management landscape for customers.

Happiest Minds’ expertise, experience, and services will bring efficiency to customers’ digital initiatives by enabling seamless adoption of ServiceNow. With support from the global stakeholders of ServiceNow coupled with Happiest Minds consulting-driven approach will demonstrate tangible ROI to drive ServiceNow adoption in existing and new customers.

Happiest Minds’ ServiceNow MSP partnership (Premier Level) is poised to support customers in addressing multiple challenges in the market:

  •          Value realization from IT and Enterprise Service Management implementations
  •          Siloed processes and data impacting customer service & operational inefficiencies
  •          Tools & process alignment as per ITIL and similar maturity frameworks
  •          Lack of holistic and structured automation in IT and Enterprise workflows

As a Consulting and Implementation partner, Happiest Minds will deliver the following features of the ServiceNow platform to customers: IT Service Management, IT Operations Management, IT Asset Management, Security Management, Governance, Risk and Compliance, Security Operations Support, Customer Service Management, Low Code Application Development, Automation and Platform Operations.

Happiest Minds has successfully integrated the ServiceNow Platform as a core component of its ELLIPSE Platform – an AIOps-powered Managed Services Delivery Platform currently supporting more than 25 global customers.  This integration enables Happiest Minds to efficiently deliver Enterprise Services leveraging a single platform.   Given our focus on disruptive technologies & emerging areas like Low Code Application Platforms (LCAP), we are well positioned to help clients migrate their legacy custom applications builds to the ServiceNow LCAP solution – apart from leveraging our industry knowledge & solution accelerators. Customers also benefit from our deep services expertise in areas like GRC, to realize the expanded portfolio of offerings from ServiceNow.

Ram Mohan C, President & CEO, Infrastructure Management & Security Services (IMSS), Happiest Minds Technologies said, “We are delighted to announce the launch of the MSP partnership with ServiceNowHappiest Minds’ proven delivery and differentiated managed services delivery (MSP) model, coupled with ServiceNow’s deep expertise, differentiated offerings, and solutions using new age modules like TPSM, GRC & SecOps, Automation, and App Engine, will help connect the customer ecosystem, enable proactive service delivery, and improve the customer experience. We believe this alliance will enable our customers to stay ahead of the curve by combining market-leading technology and Happiest Minds’ proven global delivery capability.”

Dinesh Ramachandran, SVP & Global Alliance Head, Happiest Minds Technologies said, “We are happy to be a global partner of ServiceNow to realize value faster, offer premium support, and use cutting-edge tools to guide our customers’ digital transformation. Happiest Minds‘ focus on next-generation, disruptive technologies & data analytics, along with ServiceNow’s highly scalable platform, will drive innovation and connect people, functions, and systems across organizations.”

Happiest Minds Technologies’ expertise in next-generation product and platform engineering is essential to scaling and extending ServiceNow capabilities into new markets,” said Tom Davasia, Senior Director – Global Partner ManagementServiceNow. “We are thrilled to partner with the team at Happiest Minds to deliver a seamless experience to address some of our customers’ biggest digital transformation challenges.”

myAvtar Announces the Fifth edition Job Fair exclusively for women

Companies like R1 RCM, Aditya Birla Capital, Citibank, TVS Motors to participate at the myAvtar Job fair for women to be held on August 5, 2023.

CHENNAI, August 4, 2023: myAvtar.com, India’s leading diversity job portal, announced the fifth edition of its virtual job fair for women to be held on 5th August 2023, between 9.00 am and 6.30 pm. With the employment landscape constantly evolving the fifth successive edition of the job fair will witness a demand for host of professionals and skills ranging from engineers (both software and hardware); data engineers; Fullstack developers; cloud developers; Fund Accounting; Sales; operations; Quality; Risk; Vehicle Assembly; from companies in the Banking/Financial Services/Broking, Healthcare, IT-Software- Software services, Automobile, Oil and Gas/Power/Energy sectors.
MyAvtar Job Fairs for women aim to create a platform where talented women professionals from diverse backgrounds can explore exciting career opportunities, connect with leading employers, and take significant strides towards increasing women’s workforce participation at India Inc.

myAvtar.com, the diversity job portal was launched by India’s premier Diversity, Equity & Inclusion (DEI) Solutions firm Avtar Group in 2020 to bring together inclusive employers and talent from the underrepresented pools – women, LGBTQ Community, Persons with Disabilities, Army Veterans, and millennials. In the last four editions of the job fair over 75 Companies invested in DEI have participated with more than 2000 plus jobs and have had 7500 jobseekers, and 1500 + Spot interviews. “Over the past four editions, the Job Fair has been a resounding success, enabling thousands of women professionals both working and aspiring to overcome barriers and unlock their true potential in the professional sphere. As we conduct the 5th edition, we stand resolute in our commitment to enable women enter the workforce and fast-track towards achieving gender parity in the corporate world. It is heartening to see companies opening up roles in traditionally male-dominated sectors such as in vehicle assembly”, said Dr Saundarya Rajesh, Founder – President, Avtar Group, announcing the 5th edition of the job fair.

‘Embracing diversity is not just a virtue but a strategic imperative for success. Our partnership with myAvtar exemplifies our unwavering commitment to empowering talented women in their professional journeys. At R1 RCM, we believe in creating an equal opportunity workplace where career progression, work-life balance and job fulfillment walk hand in hand. We invest in our people’s development and well-being, fostering a vibrant culture that propels us forward. Being recognized among India’s Top 50 Best Companies to Work For™ is a testament to our dedication to excellence. Together with myAvtar, we are excited to embark on this journey of bringing in diverse talent, creating an ever-evolving workplace that thrives on innovation, and building a stronger, more inclusive future for all”, said Swati Khandelwal, Senior Vice President, Human Resources, R1 RCM.

This specially curated job fair will provide the much-needed opportunity for employment and networking opportunities for freshers, early and mid-career women professionals. The fair will see participation from leading companies including R1 RCM, Aditya Birla Capital, Citi, TVS Motors, Ansys, Thales, Vestas, ITC Limited, Merit, Mphasis, and Stryker reaffirming their commitment to advancement of women’s careers.

In addition to career opportunities, the participants will also be able to attend a series of thought-provoking and insightful sessions from industry veterans on topics pertaining to careers and work-life integration. The companies participating in the job fair will be presenting exclusive presentations on their policies, practices, and the career opportunities available to them.

Women jobseekers can register at https://www.myavtar.com/events/details/18 for a free pass to the job fair.

Mrs. India Inc Beauty Pageant 2023 Under Scrutiny: Allegations of Favoritism and Lack of Transparency Surface

Mrs. India Inc Beauty Pageant 2023 Under Scrutiny

Delhi, August 4, 2023: On Thursday, a press conference at the Press Club of India revealed concerning issues surrounding the overall selection process of Mrs. India Beauty Pageant 2023, Season – 4, held in Colombo, Sri Lanka.

Contestants who participated in the pageant, organized by Ms. Mohini Sharma, gathered to express their concerns about favoritism and lack of transparency in the judging panel. Among the attendees were contestants Prerna Sood from Dubai, Ritu Narain, Jagmeet Kour, Saloni Grover, and Shivika Singh Bais, who traveled from different parts of India.

The Mrs. India Beauty Pageant has always been celebrated for empowering married women and promoting their achievements and talents. However, recent allegations have cast doubts on the credibility of the results, threatening the pageant’s reputation.

Prerna Sood emphasized the need for independent auditing, contestants scoring from judges/Panel/organisation and stringent measures to restore faith in the pageant’s credibility. Ritu Narain voiced the participants’ demand for an honest and impartial competition. Jagmeet Kour expressed concern over arbitrary scoring, which compromises the essence of the event. Saloni Grover stressed the importance of transparency as despite several requests and reminders, MRS INDIA INC has failed to provide official receipts for financial transactions, Unfulfilled Commitments of photoshoot and other packages.Shivika Singh Bais urged a thorough investigation into the allegations of favoritism.

Together, the contestants called for a fair resolution to the matter and appealed to the Mrs. India Inc organizing committee to implement measures ensuring transparency and impartiality in future editions of the pageant. This may involve diverse and well-qualified judging panels and clear communication with contestants and the public regarding scoring criteria.

The attendees believe that addressing these issues will uphold the pageant’s reputation as a platform celebrating the talent and achievements of married women from all walks of life.

Participants, witnesses, and concerned individuals are encouraged to cooperate with ongoing investigations to ensure fairness and integrity in the Mrs. India Beauty Pageant.