Category business

Mumbai: At a glittering ceremony held in Taj Lands’ End, Mumbai, ET Ascent bestowed Mr. Murali Ramakrishnan, MD, and CEO, of South Indian Bank, with the ‘Business Leader of the Year award. It was the 21st global and the sixth Indian edition of the recognition.

ET Ascent’s ‘Business Leader of the Year award is a singular platform to recognize leaders for their transformational leadership. Over the years, it has felicitated leaders who have succeeded in making a difference in their organizations during challenging circumstances. Mr. Ramakrishnan was awarded recognition for his role in captaining the restructuring of the bank and putting it on a course of growth. His accomplishments at South Indian Bank have been hailed by various stakeholders of India Inc.

Mr. Ramakrishnan expressed his joy at the event by saying, “I am pleased to receive acknowledgment for the collective action that our organization has worked in achieving. Our dedication and passion have propelled us to realize the corporate objective. I sincerely appreciate the support my team has given me to create a successful transformational journey. I thank the organizers and jury for recognizing me with the prestigious title.”

South Indian Bank went through a transformation in the last two years after Mr. Murali Ramakrishnan had taken charge as CEO of the bank. He started the journey by formulating a ‘6 C’ strategy towards achieving the bank’s vision of `Profitable growth through quality credit’. The 6 Cs were: (a) Capital adequacy (b) CASA (c) Cost to Income ratio (d) Competency building (e) Customer focus (f) Compliance. This led to the successful turnaround of the company in terms of its profitability and he believes, it is a continuous process.

Hyderabad, February 23, 2023…..An interactive meeting on Exploring Business Opportunities with Afghanistan was held in the city at FTCCI on Wednesday. His Excellency Farid Mamundzay, Ambassador of the Islamic Republic of Afghanistan in India was the Chief Guest.

Other dignitaries who graced include Mr. Qadir Shah, Counselor (Head of Trade Office) Embassy of the Islamic Republic of Afghanistan, Mr Sayed Mohammad Ibrahimkhil, Acting Consul General, Consulate General of the Islamic Republic of Afghanistan and Mr Sediqullah Sahar, Education Attaché Embassy of the Islamic Republic of Afghanistan, FTCCI President Mr. Anil Agarwal, Ms Khyati Nirawane, CEO of FTCCI, Mr. Chakravarthy AVPS, Chair of- International Trade & Business relations Committee

It was jointly organized by The Federation of Telangana Chamber of Commerce and Industry(FTCCI) and the World Trade Center.

Addressing a gathering composed of trade, travel, import, and export professionals, community looking at export opportunities and FTCCI members. His Excellency Farid Mamundzay asked India and Telangana to look at Afghanistan as a potential future for bilateral trade. India is a natural trade destination he said. .

Five hundred plus Afghanistan students are studying in Telangana in Osmania, Maulana Azad National Urdu University, JNTU, and The Central Institute of English and Foreign Languages. Hundred plus are studying at Osmania University alone. Telangana is contributing to the soft development and capacity building of our youth. Thank you for hosting them, he said.

Later Sediqullah Sahar, Education Attaché Embassy of the Islamic Republic of Afghanistan added that Afghani students prefer India for their higher education. We have over 60,000 Alumni who studied in India in the last twenty years. Nearly 10,000 alumni are from Telangana alone. Telangana is the top choice destination for many students in Afghanistan, he added.

Continuing to address, the Ambassador said, we have deep-rooted history between the two countries. And, also with Telangana. That is the reason why we opened a second Consulate in India at Hyderabad. This is very significant, he said.

The ambassador said the first provisional Government of India was a provisional government in exile established by Raja Mahendra Pratap from Kabul in Afghanistan. We stood against British, he said. Thirty years after that event India got its Independence. India and Afghanistan, both countries are a source of inspiration for each other. We are an extension of India. We have a 1900-year-old Mandir and it is located in Kabul.

Speaking further he said the purpose of my maiden visit is to tell the business community more about Afghanistan. The current trade between both countries is about Rs 12000 crore. India exports more to Afghanistan than we do to India. We export dry fruits, precious stones, semi-precious stones, spices, saffron, and others. India exports Pharma products, textile chemicals, and others. With increasing ties the trade potential can be doubled in a couple of years, he told the gathering

We need help in mining from India. We seek time investment from Indian companies. Our mining is worth over $ 3 trillion US dollars. We also need investments in infrastructure projects, and solar plants, the ambassador shared.

He said that air connectivity between the two nations needs to be improved. Currently, we have two weekly flights, from Delhi to Kabul. We want air connectivity between Hyderabad and Kabul, he said.

I know you are all worried about political stability in Afghanistan. Trade continuity is a sign of stability. In the last 19 months, not a single incident happened which should worry the business community. Our currency is also stable despite inflation. We also offer to export high-quality coal, and base metals to India. We can help India with raw materials and you can give the finished material to us. Amritsar is just 700 km away from Afghanistan. We are not very far away. We are very close to India. We must boost trade relations, the ambassador said.

Nearly 20,000 people in Afghanistan are suffering from Cancer. And 16000 people out of 20,000 die from late diagnosis and lack of medicine. I recently visited Tata Memorial in Mumbai to explore how we can help our people. The market for pharma products is about $ 1 billion US. It is a big market worth exploring, he told Indian pharma companies more so the ones in Hyderabad

Giving his opening remarks, Mr Anil Agarwal, President of FTCCI invited the Afghanistan Government to be part of the growth story of Telangana. Afghanistan is an important trade partner of India. He also urged them to participate in the Industrial Innovation Technology Expo to be held in June.

Ms Khyati Narawane, CEO of FTCCI said the 106 years old chamber provides market access to its members on international trade.

Mr. Chakravarthy AVPS, Chair of the International Trade & Business relations Committee said Afghanistan should have been what Singapore is today. Because it is 1000 times more potent than Singapore.

Let us rewrite history by reconnecting Afghanistan with the people of the rest of the world. He also requested His Excellency Farid Mamundzay, Ambassador of the Islamic Republic of Afghanistan in India to address the safety and security concerns that people have about Afghanistan.

23/02/2023, Haryana – Weather Risk Management Services (WRMS), a pioneer in smart and sustainable farming in India, recently participated at the 11th Krishi Darshan Expo, India’s one of the largest Agriculture events held at Hisar, Haryana. As a leading provider of precision farming solutions, WRMS showcased a wide array of farm IoTs that help farmers optimize their crop yields, reduce costs and improve sustainability. WRMS displayed functional IoTs like Automatic Weather Station (AWS), Automatic Pest Traps (APS), and Automatic Irrigation Switch (AIS) and enlightened the attendees about the WRMS flagship SecuFarm App and SecuTrak solution.

The gala event brought together the major players of the industry via the interaction of farmers, agribusiness, industry entrepreneurs, researchers, technocrats, extension workers, and students under one roof. It facilitated a productive environment for constructive discussions among industry leaders and decision-makers.

Mr. Anuj Kumbhat, Founder and CEO, WRMS, said “Krishi Darshan Expo gave us an opportunity to have enriching conversations with farmers, understand their challenges, and offer them the SecuFarm– our income guaranteeing flagship product. With every conversation we realized that it is extremely crucial for these farmers to overcome the barriers of traditional farming practices & medieval mindset. They are living a life of uncertainty where they are always worried about their crop health and farm income, forcing them to use excess pesticides & water. That’s why SecuFarm remains a holistic solution which provides them with complete downside risk protection and higher yield. This gives them the confidence to invest in the latest technology & drives them towards sustainable farming. “

WRMS flagship SecuFarm app bridges farmers across the country with the latest digital technology in agriculture and handholds them right from the seed selection stage to make sure that they get a better yield by following the package of practices shared with them in their own language. WRMS is currently affiliated with over 10 million farmers; 1 million acres of land have been geo-tagged; 1.5 lakh SecuFarms have been created; and over 15,000 farm IoT devices have been deployed.

WRMS is massively contributing to the manufacturing of low-cost agriculture IoTs not in India but globally. Ingen Technologies Private Limited, a fully owned subsidiary of WRMS, is a leading IoT manufacturer of automatic weather stations, automatic irrigation systems, pest traps, survey drones and soil moisture sensors. The company recently collaborated with the Regional Meteorological Centre, Guwahati, Assam, India, the Meteorological Department (IMD), and the Ministry of Earth Sciences (MoES), Government of India, and bagged the contract for procurement, installation, and maintenance of Automatic Rain Gauge Stations in the North East States of India. The company is working with many government organizations like Karnataka State Natural Disaster Monitoring Centre, Andhra Pradesh State Development Planning Society, and more.

Hyderabad, 23 February 2023: Workruit, an AI-powered career and recruitment platform, has announced plans to collaborate with over 500+ colleges in Tier 1 and Tier 2 cities to prepare students for the workforce with their flagship product, Resume Builder empowering job seekers to achieve their career goals. The technology-enabled platform shall also extend employability services to its students. Workruit aims to equip students with digital skills that will make them future-ready and allow them to have a competitive edge in the race for employability.

Workruit ambitions to fill gaps in existing learning by offering various career advancement opportunities, particularly in non-metro areas. With the partnership, students from the colleges shall get access to the platform to build their cover letters and critical first-copy professional resumes. Students can avail of features like Resume Templates, Video resumes, AI-resume analysis, job description to resume compare and analysis, tips and suggestions, grammar checks and many more. Workruit’s Resume Builder will also support college-selected templates (with college branding). The SaaS platform will provide tips, recommendations, and AI review analysis based on its data bank of over 200,000 HR-approved statements, jargon, and other information compiled by 40+ HR experts.

Students will have a real-time unique Resume URL that can be accessed forever and shared with any employers instantly. Furthermore, students can track the progress of placements in one place, saving management, administration, and the placements team much time. The college also gets access to companies which are a part of Workruit (2500+) for internships, placements, guest lectures; mentor connect and many more activities. The platform will automate hiring and selection via its Tinder interface.

“India’s job market is both competitive and diverse. Recruiters face numerous challenges while screening resumes, making it difficult to identify the right talent. Parallel job seekers are also unable to display resumes that distinguish them as standout candidates. Understanding that, Workruit Resume Builder, with our advanced AI & ML technologies, is addressing a critical issue for the industry by creating a level playing field for both applicants and employers. Also, Workruit Resume Builder is a web and mobile tool that will be helpful for users to explore the tool in their preferred medium.” says Mr. Manikanth Challa, CEO of Workruit.

We have been using the Workruit Resume Builder services for our students and have seen a significant improvement in the quality of their resumes. The platform is user-friendly and provides a wide range of templates to choose from. The students have also appreciated the step-by-step guidance provided throughout the process. We are happy to recommend Workruit to other colleges and universities.” says Mr Delhi Babu, VP – Placements, Mohan Babu University

Mr Raghuveer, Principal, Indian Institute of Management & Commerce (IIMC) said, “The Workruit Resume Builder has been a game-changer for our college placement program. Not only has it helped our students create professional and polished resumes, but it has also provided them with valuable guidance and tips for the job application process. We are thrilled with the results and highly recommend Workruit to other colleges and universities.”

Workruit Resume Builder has built over 1.5+ million resumes on the platform and has users from across the globe. The company has collaborated with many educational institutions and colleges, including the Indian Institute of Management Commerce, Vasavi Engineering College, Mohan Babu University, and the BLDE Association.

The company has recently raised over $500,000 in pre-Series A round led by the family office of Kantamaneni from the US.

New Delhi, February 23, 2023: Bank of Baroda (Bank), one of India’s leading public sector banks, conducted an industry-level symposium with the theme “Digital Journey in Banking – Legal and Business Challenges” on 17th February, 2022. Against the backdrop of a rapid increase in digital transactions, the aim of the symposium was to provide a platform for dialogue and discussion amongst banking and legal experts on the spectrum of changing laws and their materiality in the current market framework.

The topics covered during the symposium included Fintech – Legal Aspects & its Impact; Revolution in Digital Lending & its Impact on Banking; Digital Documents, its Execution & e-Bank Guarantees; Automation of the Loan Process including Co-lending Arrangements – Business and Legal Challenges and Cyber Security & Preventive Measures.

The event was organised by the Corporate Legal Department at Bank of Baroda. Shri B Meher Kumar, Head – Legal & RTI hosted the symposium with Shri Lalit Tyagi, Executive Director, Bank of Baroda delivering the keynote address. The symposium witnessed the participation of Shri Debadatta Chand, Executive Director, Bank of Baroda, Shri Surendra Kumar Dixit, CVO, Bank of Baroda, leading legal and banking professionals including Mr. Subhojit Sadhu & Mr. Gaurav Gupte, Partners at Cyril Amarchand Mangaldas; Mr. Rajeev Dewal, Sr. Advisor Legal, Indian Banks’ Association (IBA); Mr. Ameya Khandge, Partner, Trilegal; Mr. Manan Jain, Director – Sales, Leegality; Mr. Nilanjan Sinha, Head – Legal, ICICI Bank; Ms. Anusha Dubey, ICICI Bank; Mr. Satish K Patnaik Chief Law Officer, Union Bank of India; Mr. Soumitra Majumdar, Partner, JSA Legal; Mr. Debajyoti Ray Chaudhuri, MD, National E-Governance Services Ltd. (NeSL); Dr. Balsing Rajput, DCP, Cyber Cell, Maharashtra Police; Advocate (Dr.) Prashant Mali, Cyber Law Consultant as well as Mr. Akhil Handa, Chief Digital Officer and Mr. Dhrubashish Bhattacharya, Head-MSME of Bank of Baroda with delegates from a few public and private sector banks in attendance.

In addition, the proceedings of the symposium were live-streamed for the benefit of all the zones, regions and participants at remote centres.

Key takeaways from the symposium:

• Fintech – Legal Aspects & its impact: The legal framework pertaining to digital lending, the credibility of digital /electronic signatures as well as the need to establish a viable robust regime for E-stamping were key issues discussed. The speakers also discussed the importance of seamless documentation in the banking industry, the role of machine learning in taking instant credit decisions and automated grievance redressal.
• Revolution in Digital Lending and its impact on Banking: The panel explained the E-stamping process and the need for online notarization. Given the centralised nature of digital lending, the place of paying stamp duty can become a contentious issue.
• Cyber Security & Preventive Measures: The speakers highlighted the need for bankers to strictly follow the well-laid out principles for financial transactions. They sensitized the audience with real-life cases where the system was compromised and explained the modus operandi of cyber frauds.
• Automation of the Loan Process including Co-Lending Arrangements: Business and Legal Challenges: The panelists were of the opinion that the genesis of co-lending has to be customer-centric. The several ways of Recourse such as arbitration in case of a default in a co-lending arrangement were also extensively discussed.
• Digital Documents, its Execution & e-Bank Guarantees: NeSL elaborated on the digital document (DD) and the 3-point check on the NeSL platform before the DD goes for execution. One need not take a printout of the DD, which reduces the instances of fraud.

New Delhi, February 23, 2023: Indore Municipal Corporation (“IMC” or “Corporation”), was established in the year 1956 under the Madhya Pradesh Municipal Corporation Act, 1956. Its public issue of rated, listed, taxable, secured, redeemable, and non-convertible green municipal bonds saw itself list on NSE on February 21, 2023.

According to the base issue size, the Institution/QIB category was subscribed the most with 7.52 times, followed by 6.70 times in the corporate category, 5.78 times in the retail category, 3.62 times in the HNI category. The Issue opened on February 10, 2023 and closes Tuesday, February 14, 2023.

The Green Bonds have a tenor of 3 years (STRPP A), 5 years (STRPP B), 7 years (STRPP C) and 9 years (STRPP D). Effective yield (per annum) for NCD holders in Category I (QIB), Category II (Corporate), Category III (HNI) and Category IV (Retail Individual) for tenor 3 years, 5 years and 7 years is 8.41% and for STRPP D with 9 years’ tenor is 8.42%. Interest payments are through various modes, i.e., Direct Credit, NACH, RTGS, NEFT and Registered Post/Speed Post.

The Green Bonds have been assigned a rating of ‘CARE AA: Stable’ by CARE Ratings Limited and ‘IND AA+/Stable’ by India Ratings & Research Private Limited.

On the listing event held at Kushabhau Thakre convention center at Bhopal, Shri Shivraj Singh Chouhan, Chief Minister, Madhya Pradesh said “Indore is the city which thinks outside the box and does outside the box. For e.g the listing of green bond on the exchange .Our Prime Minister has announced a program under the name “Panchamrut”. The intention to increase the non-fossil energy to 500 GW by 2030, but also at the same time to ensure that 50 per cent of the energy requirement comes from renewable energy and India is to achieve the target by 2070. Electric buses have been introducing in the city and have also installed 26 charging stations. The municipal corporation has planted atleast 2 lakh sapplings at Nehru Park, Meghdoot Garden, airport and regional parks to improve the air quality of Indore and as a result we have registered 4 lacs carbon credit and have generated a revenue of Rs 9 crore under a business model. A power plant has been installed at Jalud where they will produce electricity and bring down their electiricity bill for the people of Indore. On the occasion of Solar day which falls on May 3rd, Sanchi will become the country’s first solar city which is world-famous for stupas and Buddhist pilgrimage sites”.

­­­­Indore’s Mayor Shri Pushyamitra Bhargava said “It is Shri Shivraj’s vision to make Indore the world’s leading smart city. As a result, Indore was able to list India’s first green bond, which will enable Indore to reduce carbon emissions with the aid of a solar plant. The issue garnered Rs 721 Crore, which is just the beginning and thanks to Shri Shivrajji’s long-term thinking and dedication and Indore will continue to set a great example for India with new initiatives and will strive for prosperity”.

Shri Ashishkumar Chauhan, MD and CEO, of NSE said, “The launch of the Green Bond issue by Indore municipal corporation is a great example of cooperative federalism & depth of local governance model in India.

The rapid growth of urbanization requires urban local bodies to keep up with the huge expansion and upgrades to the existing urban infrastructure. Municipal bonds provide an alternative means of financing to urban local bodies and reduce the dependency on central and state grants. Most of the urban infra bonds may be categorized as green bonds given that proceeds are predominantly targeted towards energy, transport, water management, sewage treatment, energy saving, etc. Green Municipal bonds will also bring in new foreign investors who specialize in sustainable financing and invest in projects with environmental, social and governance considerations.

The public issue of Indore Municipal bonds got an overwhelming response with an overall subscription of 5.91 times the issue size. It reflects that there is good appetite among investors for Green bonds. Municipal bonds provide an opportunity to participate in nation-building in addition to earning returns. The public issue of green bonds by IMC would give impetus to the development of green financing and contribute towards India’s vision for transition towards a clean and green energy future.

The global green bond market is witnessing exponential growth and has crossed the milestone of 2 trillion USD in terms of cumulative green bond issuance. India has also witnessed green bond issuances of about 10.8 billion USD during 2019-2022 by the corporates, PSUs and financial institutions. The public issue of green bonds by IMC would give impetus to the development of green financing and contribute towards India’s vision for the transition towards a clean and green energy future.

NSE is committed to playing an active and participatory role while contributing towards India’s vision of a sustainable future enshrined under the “Panchamrit” vision of our honorable Prime Minister”.

Shri AK Mittal, AK Capital Services Ltd, Lead Manager to the Issue, said “Congratulations to Indore Municipal Corporation for raising India’s first public issue of green municipal bonds of INR 244 crores at highly competitive rates. The issue has been oversubscribed by roughly 6 times, depicting strong investor confidence.

Furthermore, as these bonds are rated as AA+ by India Ratings and AA by CARE ratings, they provide a secured investment with an attractive return for the investors.

After the success of this issue and noticing sustained rapid developments in the Indian municipal bond markets, we expect that more ULBs will explore debt markets to raise funds via green bonds.

We as lead managers feel proud to be associated with the issue.”

Shri Arnab Choudhury, Executive Vice President & Group Head (Debt Capital Markets), SBI Capital Markets, Lead Manager to the Issue, said “Government of India has laid special emphasis on the development of the Municipal Bond market in this budget. We are happy to note that Indore Municipal Corporation has taken the lead and issued its green municipal bond in record time with public participation. We are proud to have partnered with Indore on this momentous achievement and we are sure that this is just the beginning of the journey for Indore”.

The Lead Managers of the bonds issue were A.K. Capital Services Ltd and SBI Capital Markets Ltd.

New Delhi, 23 Feb 2023: AAFT proudly announces the achievement of a new milestone with 30,000 alumni across all its programs. The success of programs is a testament to the benchmark educational standards at AAFT and its commitment to delivering the best education to students from over 120 countries across the globe. The AAFT Education Group was founded three decades ago in Delhi NCR and has since evolved to become one of India’s finest educational institutions.

AAFT has seen significant development in the 30 years since its inception in 1993 and has expanded to include the EdTech platform AAFT Online with a focus on multi-modal courses for skill development through live & pre-recorded sessions, and AAFT University in Central India, the country& first Film, Media & Arts University in 2018 with a gamut of professional courses to cater to the needs of the contemporary and technologically advanced.

AAFT’s alumni list includes big media and arts names, national award winners, directors, writers, photographers, actors, and journalists. Some noticeable names include Pyaar Ka Punchnama director Luv Ranjan; Fukrey Series director Mrighdeep Singh Lamba; Aurangzeb and the Class of 83 directors Atul Sabharwal; Mirzapur director Gurmeet Singh. The list goes on with Femina Miss India Earth 2011 Hasleen Kaur; Indian TV actors Kinshuk Mahajan and Kanika Maheshwari; renowned directors Kaushik Ghatak and Shailender Vyas; Director of Photography Shikhar Bhatnagar, and Miss Asia Pacific 2013 Srishti Rana amongst many. The years of experience of its alumni contribute greatly to keeping AAFT as the benchmark practice and standard in the arts, media, and film studies. AAFT offers 85+ courses across 11 schools inviting students for long-term undergraduate & postgraduate degree courses and short-term certificate & diploma courses.

Mohit Marwah, Co-Founder, AAFT online said, “In today’s volatile environment, students are driven to learn at a fast pace from experts in order to advance their careers. Here, at AAFT, we equip them with instructors who are specialists in their respective fields and will provide them all opportunities to work and learn with top brands.”

Akshay Marwah Co-Founder, AAFT University said, “It is a privilege to watch our 30,000-student family grow every day and we promise to enhance the capabilities of our career services division in order to help them secure their dream jobs and be masters at it.”

All-in-all, the glorious success of the AAFT alumni is a great example for current as well as future students. The university will provide these students with all the tools and guidance to walk in their footsteps for a successful career. Through AAFT’s state-of-the-art facilities, students are promised career growth through practical hands-on experience, expert faculty, a diverse curriculum, career placement assistance, and a wonderful opportunity to form strong connections in the media and entertainment industry.

Delhi, 23 February 2023: Fitshot, a lifestyle consumer electronics brand, has launched yet another stunner, Fitshot Saturn power-packed with features at the most competitive price point – following the immense popularity of their smartwatches. The stylish yet bold timepiece, designed to push your limits, helps users chase their workout goals through a whopping 100+ sports modes, and comes equipped with the advanced single-chipset Bluetooth calling technology, SoloSync™. The product with 365 days warranty is available on Flipkart and Fitshot website.

The smartwatch has a cutting-edge design for GenZ. This smartwatch is truly made for those who have a penchant for beautiful yet efficient timepieces. Fitshot Saturn has a 1.32″ round CosmicDisplay™. The smartwatch has 360*360 pixel resolution and 500 nits brightness with a 60Hz refresh rate. The smartwatch comes with intriguing 100+ cloud-based watch faces and a very unique AI watch face feature that allows users to click pictures and generate their own watch faces using AI to complement their everyday outfits.

Fitshot includes Advanced Bluetooth calling technology, and SoloSync™ Technology (single chipset). This results in lower battery consumption and simple pairing with a one-click connection. The smartwatch also has a built-in speaker, microphone, and fast dialler for direct phone calls. The Da Fit app can be used to control and pair the watch. Furthermore, it has a built-in Voice assistant that allows users to control their smartwatch with their voice.

Sleek on the outside and powerful on the inside, the smartwatch delivers up to seven days of runtime on a single charge and also has an IP68 rating to protect the watch from dust, sweat and rain. The smartwatch has 100+ sports modes that can track strength and cardiovascular activities and other low and moderate-intensity activities. The built-in 24-Hour Heart Rate Sensor, SpO2 Monitor, Sleep Tracker, and Step-Counter track fitness levels and activities throughout the day. Breathing, guided meditation mode, and sedentary reminders are also available to users.

“Fitshot Saturn is one of Fitshot’s most awaited products. This smartwatch is an ideal match for Generation Z, who want everything at their fingertips and are always on the go. It has
unrivaled features packed in an extremely stunning body. It is designed to be a smart style statement.” says Sachin Railhan, CEO & Founder, of Fitshot.

Fitshot Saturn includes a Remote Camera Shutter, Stopwatch, Alarm Clock, Remote Music Player Control, Timer, Weather Forecast, Drink Water Reminder, Do Not Disturb Mode, and many other features.

Fitshot Saturn is one of the best-looking round dial smartwatches ever launched! It has unique straps in many not-so-ordinary colors which make this smartwatch extremely beautiful. With the availability of multiple useful features, Fitshot Saturn is a combination of style and function.

New Delhi, February 23, 2023: Reinforcing its commitment toward a sustainable future, the 12th Responsibility Summit of the Fortune Institute of International Business(FIIB) served as a benchmark in scale, participation, and knowledge-sharing.

The historic summit touched upon the theme, “Diversity, Equity, Inclusion- Redesigning for a Resilient Planet.” and witnessed the participation of a distinguished and seasoned group of professional experts to exchange effective sustainability practices.

The inaugural speech for the event was delivered by Dr. Kokil Jain, Professor (Marketing), FIIB which highlighted the institute’s history of sustainable development that aligns with the philosophy of Mr. R.K.Shrivastava, the founder of FIIB.

Dr. Kokil discussed three key areas of responsible work at FIIB: teaching, operating activities, and community engagement.

Technological advancements and globalization have created unprecedented social, economic, and environmental challenges, and integrating and coordinating global, national, regional, and local sustainability efforts are key to meeting these challenges.

Following the inaugural speech, Dr. Anil Sinha, Director at FIIB in his keynote address discussed novel ideas to drive global sustainability transformation. He also emphasized the initiatives like the FIIB Responsibility Summit play in disseminating and recognizing CSR work that makes our planet and country better places to live.

”Sustainability and Corporate Social Responsibility (CSR) convey a fundamental shift in the way we operate businesses and its impact on the environment and society. Today we have an obligation to think beyond our immediate requirements and consider the long-term outcomes of our actions. We have a distinctive opportunity to utilize our resources, expertise, and influence to make a positive change in the world,” said Dr. Anil Sinha.

Echoing his views, Radhika Shrivastava, Executive Director, FIIB stated,” Responsible management starts with delivering equal opportunities for every member of the workplace to contribute and influence decisions, irrespective of their role. As we move towards sustainability and CSR, it is critical to remember that ESG is an outcome of DEI, and both are critical in defining a business’s true worth and societal impact.”

Some of the eminent guest speakers who graced the event with their presence included Ms. Sangeeta Robinson, Chief Sustainability Officer, PVR Limited; Ms. Dolly Mittal, Head, Affirmative Hiring, TCS; Ms. Shailza Taneja, Senior Consultant, UN SDG; Ms. Shivani Madan Bose, DEI Consultant, Proud HR Services and Mr. Mallikarjuna Iytha Founder, Inclusive Divyangjan Entrepreneurship Association (IDEA).

In sharing their accomplishments and struggles in implementing sustainability-related initiatives for better impact, the speakers discussed the necessity of a strategy reinvention that would address both business challenges and sustainability concerns.

The summit concluded with the launch of FIIB’s responsibility report, detailing how it engages internal and external stakeholders to achieve the desired societal impact outlined in its mission and relevant strategic goals. As an organization, FIIB has adopted the Sustainable Development Goals to align with the UN’s motto of “Transforming our world with SDGs: the 2030 Agenda for a sustainable future”.

Some of the key sustainability initiatives carried by the FIIB to date include-:

1.  In collaboration with the Haub School of Business, FIIB developed a sustainability dashboard to help universities share best practices on the UN Sustainable Development Goals (SDGs). With its SDG Dashboard, FIIB is the fourth Indian business school to have one.
2.  As a core course of FIIB, SIP (Social Internship Program) provides students with fieldwork experience in the social sector. Collaboration with Social Sector Organizations (SSOs) aligns students’ project needs with those of the organizations.
3.  FIIB Jaagriti Club aims to contribute to society by teaching service orientation to students. Jaagriti Club held Nukkad Natak, Skill Development for Primary School Children, Education Awareness Activities, and Clothes Donation Drives this year.
4.  FIIB has also partnered with Betterlyf to foster a sense of well-being and mental health among students, faculty, and staff.
5.  FIIB has adopted a cluster of five villages under the Unnat Bharat Abhiyan of the GOI. The bank will work with residents in this cluster to pinpoint challenges and design solutions to accelerate sustainable growth.
6.  “Digital Economy: A leveler or a source of economic inequality?” was the theme of Manthan this year. The concept of ‘Manthan’ relates to UN SDG Goal 8, which states that “Sustained and inclusive economic growth can drive progress, create decent jobs for all and improve living standards”.

Mumbai, February 23, 2023: The fifteenth Biennial Conference of the Entrepreneurship Development Institute of India (EDII) began on Wednesday at the institute’s campus. The three-day conference on ‘Entrepreneurship’ that will conclude on February 24 provided a platform for researchers, educationists, and practitioners to share their research studies and findings in different areas of entrepreneurship development.

During the conference, over 125 papers and studies by scholars from more than 10 countries on the themes of social, green, women, agricultural, digital, MSME, and inclusive entrepreneurship, were presented.

The conference was inaugurated by Dr Kavil Ramachandran, Professor of Entrepreneurship (Practice), Indian School of Business (ISB), Hyderabad, in the presence of Dr Gabriel Dwomoh, Pro-Vice Chancellor, Kumasi Technical University; Dr Ajit K Mohanty, Emeritus Fellow, Utkal University, Bhubaneswar; Dr Ramakrishna Velamuri, Dean & Professor of Entrepreneurship, School of Management, Mahindra University, Hyderabad; and Dr Sunil Shukla, Director General, EDII.

Dr Kavil Ramachandran said, “Entrepreneurship today is at the core of research and policy-making. It has become a global phenomenon. The environment, today, across the nation, is conducive to entrepreneurship. The success of a business depends on the resources available, which also includes the competence and merit of the owners and others involved in the business. Family Business is an area, where I believe the dynamics need to be researched more to ensure smooth sail across generations.”

Addressing the gathering, Dr Sunil Shukla said, “The Biennial Conference continues to be a forum for researchers and educators across the globe to exchange ideas and valuable feedback in various fields of entrepreneurship. Entrepreneurship research is key to identifying solutions and pursuing newer opportunities, and innovations. The research findings and papers presented in the conference bring forth fresh perspectives and emerging trends in entrepreneurship.”

Prof. (Dr.) Gabriel Dwomoh, Pro-Vice Chancellor, Kumasi Technical University, Ghana opined, “Entrepreneurship and enterprise development are viewed with great significance in Ghana. Amidst a time when finding jobs in formal and informal sectors is difficult in Ghana, we are focussing on developing job creators. “

(Dr.) Ajit K. Mohanty, Emeritus Fellow, Utkal University & Former Professor, ICSSR National Fellow Chief Adviser, NMRC, Jawaharlal Nehru University, New Delhi expressed, “The process of social development and entrepreneurship is bound to transform the inclination of society towards knowledge and wisdom. In such a society, the process of development will be more inclined towards a collaborative and cooperative process, with focus on including wellbeing of the lesser developed nations as well.”

Prof. (Dr.) Ramakrishna Velamuri, Dean & Professor of Entrepreneurship, School of Management, Mahindra University, Hyderabad said, “Entrepreneurs emerge and blossom in a social context, so when we want entrepreneurship to blossom in India, it is important to focus on educating the parents, teachers, bankers, policymakers, and other similar stakeholders at a decision-making level so that the different beneficiaries could be encouraged to be creative and take the plunge as entrepreneurs.”

As part of the conference, a vice chancellors’/directors’ conclave was also held to discuss the importance of entrepreneurship education in the context of the National Education Policy (NEP) 2020. Universities from across the country were represented.

Another important event of the Conference was the Doctoral Colloquium where the Ph.D. scholars and FPM students from across the country were mentored and guided on their research work.

EDII has been organizing the Biennial Conference on Entrepreneurship since 1994.