Category business

Kolkata, 20th February 2023: The Indian Chamber of Commerce (ICC) organised an interactive session called Vision East- Green Initiatives led Growth & Employment. The session witnessed valuable insights on the central government’s initiatives for a greener economy from Mr. Bhupender Yadav, Hon’ble Minister, Ministry of Labour and Employment and Environment, Forests & Climate Change, Govt. of India, Mr. Mehul Mohanka, President, ICC and Managing Director & Group CEO, Tega Industries Ltd, and Dr. Rajeev Singh, Director General, ICC, and Mr. Sudhir A. Merchant Director, M/s Encore Natural Polymer Pvt Ltd.

Commenting on the initiative by the central government towards strengthening the economy, Chief Guest, Hon’ble Minister, Ministry of Labour and Employment and Environment, Forests & Climate Change, Govt. of India, Mr. Bhupender Yadav, said, “India, in the post-Covid era has become the fastest growing economy, attaining 30.6 percent of the GDP growth, which is still a challenging concept for many other countries. The Indian economy has strengthened due to the ease of doing business and the rapid growth of the unorganised sector and MSMEs. According to last year’s government initiative, 39,000 unnecessary compliances were removed, along with several legislative reforms. The Union Budget 2023 promotes a technology- and knowledge driven economy. The budget is based on the seven principles, which emphasise inclusive development, reaching the last line, youth power, the financial sector, infrastructural investment, unleashing the potential, and green growth. The development model implemented under our honourable Prime Minister Mr Narendra Modi’s visionary leadership has been an exemplary development model. This model reflects the vision of Sabka Saath, Sabka Vikash, and Sabka Prayas, which is why this green initiative and new innovations have been taken into account. The government is working on our culture and various spectrums for our country at the same time, such as the new Vishwakarma Kaushal Yojna, contributing for strengthening women’s self-help groups and creating a single district for product promotion. These are several unique ideas introduced by the government that will help the country fulfil its necessary requirements in the development spectrum.”

Speaking about the session, the Director General, of ICC, Dr. Rajeev Singh, said,” Our honourable chief guest has been working to solve relevant environmental issues by taking full authority, starting from the ground level. The green initiative as discussed in the budget has shown us a clear path to work on reducing carbon emissions and climate change that would eventually lead to sustainable development for our country.”

Commenting on the theme of the session, President, ICC and MD & Group CEO Tega Industries Ltd, Mr Mehul Mohanka, said, “As we all know, the effects of climate change are no longer a prediction of the future but today’s reality, as we have been affected by droughts, frequent cyclones, and prolonged heat waves, among others. Climate change has been a major topic of discussion and action not only in our country but throughout the G20 summit. The budget prioritised energy transition and climate action. To that end, India has taken some noteworthy initiatives. Green growth was recorded as one of the Saptarshi which reflects the government’s commitment to achieving net zero carbon emissions by 2030 and aligned climate growth.”

While delivering the Vote of Thanks, Director, M/s Encore Natural Polymer Pvt Ltd, Mr. Sudhir A. Merchant, said, “I would like to appreciate the government’s initiative to go green as this would have a meaningful impact on the growth of our country across the world. We all must give our inputs to make this initiative successful.”

Goa, 20th February 2023: DoubleTree Hilton Goa – Panaji is pleased to announce Tapajit Bhattacharjee as the new F&B Manager. In his new role, Tapajit brings a wealth of knowledge and expertise from his yesteryear experiences both in India and abroad.

Having risen the ranks from being a restaurant server to leading a team, Tapajit has engaged with numerous hospitality brands in his rewarding career. In his last assignment, he was overseeing of a heritage property offering bespoke hospitality. Having worked in Goa in the past, he is well aware of the market dynamics of this populace state, which is renowned for its concept restaurants and bars. Double Tree by Hilton Goa, Panaji is well poised to offer Tapajit a rewarding career with its diverse restaurants and banquet ensemble.

Mr. Amar Deo Singh, Head Advisory, Angel One Ltd 

The income tax slabs and deductions in the Union Budget are often followed with curiosity and excitement by most employed individuals around the country. An individual’s tax planning depends heavily on the concessions and deductions offered by the government through regulations of the Income Tax Act 1961. With the FM’s announcement of making the new tax regime the default option from AY 2024-25, taxpayers must be well-acquainted with the salient features of the new regulations.

Changes in Basic Exemption Limits and Surcharges

Under the new regime, the basic tax exemption limit has exceeded Rs. 2.5 lakhs to Rs. 3 lakhs. In addition, a tax rebate has been introduced for income up to Rs. 7 lakhs (annually). The standard deduction of Rs. 50000 has also been extended in the new regime.

The highest surcharge rate of 37% has been reduced to 25%, which impacts taxpayers having an income of more than Rs. 5 crores. The implication is that the effective tax rate shall decrease to 39% from 42.74%.

Exemptions and deductions disallowed under the New Regime

However, a few tax planning tools that have been conventionally used to reduce tax liability under the old regime are no longer included in the new regulations. These tools include standard deduction under Section 80TTA/80TTB, Leave Travel Concession, House Rent Allowance, Children’s Education Allowance, Special Allowances under section 10(14) of the Act, and most importantly, Chapter VI-A deduction (Section 80C, 80D, 80E and so on, except Section 80CCD (2) and Section 80JJAA).

In addition, interest on housing loans on the self-occupied or vacant property (Section 24) and any deductions on facilities and perquisites have been discontinued under the new regime.

Additional Exemptions and Deductions Available

A few additional exemptions and deductions were introduced under the new regime, which were not available in the older regulations. It includes transport allowance for specially-abled individuals, conveyance allowance, compensation on the cost of travel during transfer or tours, employer’s contribution to NPS account (Section 80CCD(2)), additional employee cost (Section 80JJA), and standard deduction (of Rs. 50000 discussed before).

Furthermore, the budget also introduced deductions under Section 57(iia) as expenses towards family pension income. The new regime also has made arrangements for deductions under Agniveer Corpus Fund under Section 80CCH(2).

Comparison between the two regimes

The two regimes differ, depending on the tax planning tools a taxpayer uses to choose between the two alternatives. It is critical to consider the total taxable income and whether the taxpayer has deductions under Section 80C, 80D, HRA exemptions/housing loan, where one would prefer the older regime. On the other hand, if the taxpayer does not have such investments and still wishes to reduce the tax liability, the new tax regime can be chosen as the maximum amount not chargeable to tax is higher than the old regime.

By choosing the new tax regime, the individual would find investments in traditional insurance policies or pension plans less attractive as the tax benefits would no longer be available. On the other hand, it would be possible to be self-reliant in terms of using savings and making investment decisions on one’s end.

Summing up

A taxpayer must consider the expected income, investments, housing loans, and other deductions at the start of the financial year. Based on the assessments, either of the two regimes can be chosen. The new tax regime works well for individuals who do not want to invest money in low-yielding options such as life insurance and pension schemes. Taxpayers who manage their investments well through the stock market or other alternative investments can still reduce their total tax liability by choosing the new tax regime.

The Celebrity Cricket League 2023 is Reloaded had a scintillating performance by Telugu Warriors who won a keenly contested match with Kerala Strikers and won by 64 runs in Match 3. Telugu Warriors dominated the game right from start. Telugu Warriors scored 148 runs for the loss of 2 wickets in their 1st innings, chasing which, Kerala Strikers scored 98 runs for 5 wickets conceding a lead of 50 runs. Telugu Warriors in their second innings scored 119 runs for 4 wickets setting a target of 170 runs, chasing which Kerala Strikers fell short by 64 runs. The game was entertaining and showcased some amazing performances from both teams.

Match 3: Kerala Strikers Vs Telugu Warriors

Toss: Kerala Strikers won the toss and elected to Field

Tollywood Superstar Venkatesh was present at the game to cheer the Telugu Warriors along with the team and other actresses and influencers adding to the Glamour.

Highlights:

1st Innings Telugu Warriors: Telugu Warriors scored 148 Runs for 2 wickets in the allotted 10 Overs

Captain Akhil Akkineni top scored with 85 Runs in 45 balls with 9 sixes and 5 boundaries, along with his opening partner Prince adding 45 runs for 131 runs opening partnership.

In reply:

1st Innings Kerala Strikers: Kerala Strikers scored 98 Runs for 5 wickets in the allotted 10 Overs conceding a lead of 50 Runs to Telugu Warriors. Wicket Keeper, Rajeev Pillai top scored with 38 runs. Prince from Telugu Warriors was the standout bowler claiming 4 wickets for 18 runs in the allotted 2 overs.

In the 2nd Innings

2nd Innings Telugu Warriors: Telugu Warriors scored 119 Runs for 4 wickets in the allotted 10 Overs setting a Target of 170 runs to win for Kerala Strikers. Captain Akhil top scored with 65 runs from 19 balls.

In reply: Requiring 170 Runs to win

2nd Innings Karnataka Strikers: Karnataka Strikers played a fighting inning scoring 105 runs for 6 wickets in their allotted 10 overs. Rajeev Pillai top scored with 38 runs. Thaman from Telugu Warriors took 3 wickets for 12 runs in his allotted 2 overs.

Result: Winners: Telugu Warriors beat Karnataka Strikers by 64 runs.

Man of the match: Akhil Akkineni (Telugu Warriors).

The league has Parle as the Title Sponsor for CCL 2023 and A23 – a skill-based gaming platform- as this season’s Presenting Sponsor.

According to Mr. Vishnu Vardhan Induri, Founder & Managing Director of Celebrity Cricket League, “We are delighted to bring back the Reimagined, Refreshed, and Reloaded edition of Celebrity Cricket League 2023. This season offers More Cricket, More Celebrities, and More Fun for the visitors with the new format of a T20 with 2 innings of 10 overs per team. We are excited at the response to the first 2 games and look forward to more excitement in the rest of the games.”

Actor-producer Riteish Deshmukh is leading Mumbai Heroes, Punjab De Sher captain is actor Sonu Sood, Bhojpuri Dabanggs has actor Manoj Tiwari as their captain, actor Jisshu Sengupta is leading Bengal Tigers, Karnataka Bulldozers will be led by actor Kiccha Sudeep, Telugu Warriors is headed by actor Akhil Akkineni, Kerala Strikers has actor Kunchacko Boban as their captain and actor Aarya is captain of Chennai Rhinos.

The matches will be telecasted live and exclusively across the ZEE TV network on 6 different channels.

All 19 Games of CCL are to be telecasted on Zee Anmol Cinema, 4 League Matches of the home team, and 2 Semis + 1 Final in their respective Regional language Commentary. Matches of Mumbai Heroes will be telecasted on & Pictures Hindi, PTC Punjab will telecast matches of Punjab De Sher, Zee Cinemalu, Zee Thirai, Zee Pichar, Zee Biskope, Zee Bangla will telecast matches of Telugu Warriors, Chennai Rhinos, Karnataka Bulldozers, Bhojpuri Dabanggs, Bengal Tigers and matches of Kerala Strikers will be telecasted on Flowers TV.

CCL 2023 is all set to thrill cricket and movie fans alike in its new season – Reimagined, Refreshing, and Reloaded!

Fasten your seatbelts for more Fun!!

To plan your next 4 weekends refer to the match schedule enclosed herewith. The next matches are at Jaipur on the 25th & 26th of February 2023.

Delhi-NCR: PETGALA is an awesome gathering of pet lovers by pet lovers. We aspire to host a memorable event that celebrates the joy of petting. The event was organized on 19th February at International Trade Expo Centre Noida, Sector 62, starting from 10 am.

Feline Club of India (FCI) hosted its Championship Cat show with two international judges, Mr. Allan Raymond (Australia), Mr. Michael Woods (Australia) with the participation of more than 300 cats in the show, Various breeds like Persians, Maine Coon, Bengal, and our very own IndiMau were presents here.

Mr.Saquib Pathan, President of FCI said that the event includes an adoption drive, which aims to provide as many cats and dogs as possible with a home where they are cared for, welcomed, and wanted. The event will have host of activities for pet lovers like Dog Agility zone, pet fashion show, interactive games, obedience training demonstrations, security dog demonstrations, aquarium setup, vet consultations etc. People can come with their pets and enjoy the day.

Hyderabad: February 20, 2023: The 2023 edition of Asia’s largest B2B networking platform kicked off with an inaugural address by the Hon’ble Prime Minister of India Narendra Modi, who chronicled India’s ride to a global position of power and discussed its promising future.

The Global Business Summit (GBS) brings together thought leaders, heads of state, policymakers, climate advocates, academicians, and corporate heads from over 50 participating countries.

Mrs. Sudha Reddy, Director of the MEIL Group Of Industries and a prominent face in the Indian business and philanthropy fraternity, rose to new heights of global acclaim at the 2023 edition of the Global Business Summit, where she was invited to share her thoughts as a panelist on “Balancing The Power Equation In Leadership” and the only woman representing both Telugu states.

Mrs. Reddy was one of the few dignitaries invited to attend the address, as well as the inaugural dinner hosted for key guests and global leaders.

The panel, which featured the likes of Rekha Sharma, Chairperson, National Commission for Women, Arundhati Bhattacharya, Chairperson & CEO, Salesforce India, and Ritu Beri, fashion designer, presented an opportunity for panelists to evaluate these drawbacks and envision effective methods to reduce resistance to women in powerful positions, and take steps to eliminate ingrained stereotypes.

In this avatar, Mrs. Reddy joins the ranks of global leaders the likes of Bill Gates, Brian Chesky (Co-Founder and CEO of Airbnb), Steve Wozniak (Co-Founder, Apple Computer, Inventor of the World’s First Personal Computer, Cult Icon, Computer Geek), who have all previously attended the summit.

Hyderabad, 20th February 2023: ELECRAMA 2023, World’s largest electrical show by IEEMA, kicked off to an electrifying start following a grand opening at the India Expo Mart, Greater Noida on 18th February 2023. The event was graced by chief guest Shri RK Singh, Union Minister of State (IC) Power, New & Renewable Energy; H.E. Zhemu Soda, Hon’ble Minister of Energy and Power Development, Zimbabwe, Mr. Satish Pai, Managing Director, Hindalco Industries; Mr. Jean Pascal Tricoire, Global CEO, Schneider Electric, along with Mr. Rohit Pathak, President, IEEMA; Mr. Jitendra K Agarwal, Chairman, ELECRAMA 2023; Mr. Hamza Arsiwala, President-Elect, IEEMA, Mr Sunil Singhvi, Vice President, IEEMA, Ms Charu Mathur, Director General, IEEMA and several other dignitaries.

Shri RK Singh, Hon’ble Union Minister for Power and New & Renewable Energy, added, “I congratulate IEEMA on kickstarting the ELECRAMA 2023 – the 15th edition of world class exhibition of electrical, industrial electronics and allied industry – with a star-studded inaugural ceremony. In the past 5 years, we have brought great transformational changes in our industry. We are committed to being climate-friendly and we are aggressively going ahead with our Hon’ble Prime Minister’s belief in ensuring a healthier planet. I am pleased that the focus of ELECRAMA 2023 is on energy transition and future technology which is in line with the Government of India’s ‘Vision for India@2047’. We are aspiring to become a 5 trillion-dollar economy and we are one of the fastest-growing economies in the world. Electricity is the most significant contributor to the energy requirement of the country. I am proud to see the journey and growth of the industry. I feel ELECRAMA 2023 remains pivotal in helping us identify future challenges and subsequently find innovative solutions to overcome them. I look forward to meeting the startups participating in the exhibitions and wish IEEMA all the best for its five-day flagship event.”

Kickstarting the proceedings of the 15th edition of ELECRAMA 2023, Mr. Rohit Pathak, President, IEEMA, said, “We’re privileged to have the presence of the Hon’ble Power Minister and two top industry leaders at ELECRAMA 2023. This decade, and perhaps even this century, belongs to India. The transition to Green Electricity as the main source of energy has provided us with an excellent opportunity to Self Reliant on Energy and to Lead the World on some of these new technologies with the scale India provides. Aaj Bharat AatmaNirbhar ho raha hai, aage Vishwa Bharat par Nirbhar hoga (Today, India is becoming self-dependent and, in future, the world will depend on India). We believe that these new technologies will require a lot of innovation, and hence we have created a startup platform at IEEMA called ElectraVerse Spark to allow them to “plug into our world of energy” in a seamless manner.

Given the government’s vision pertaining to the sector, we, at IEEMA, have also aligned our Industry Vision for 2047 with the country’s future goals. Acting on the vision, this year’s ELECRAMA will focus on creating a platform to showcase products & solutions in new energies; discussion forums on R&D and innovation in new technologies; in addition to generation, T&D, and building electrical products. With a greater emphasis on providing quality power and identifying innovative solutions, we, at the behest of ELECRAMA 2023, intend to contribute towards making India Atmanirbhar, Green and Energy independent.”

Talking about the evolution of the flagship event over the years, Mr. Jitendra K Agarwal, Chairman, ELECRAMA 2023, said, “In the last 12 months, we organised 11 roadshows in India and overseas across major electrical industry clusters to identify the hunger for its persistent growth. The next five days is a culmination of the journey and findings which, in turn, has led to such a stupendous response to this year’s ELECRAMA. The 15th edition of the mega event is bolstered with special concurrent events such as eTechNxt, World Utility Summit, ELECTRAVERSE start-up challenge, special presence of women in power, and global CEOs in attendance. Furthermore, we’re expecting 700 buyers from 75 countries in RBSM, 15000 pre-scheduled b2b meetings, and 300 buyers from Utilities, Railways, Defence, Real Estate, Smart Cities, and large PSUs. Therefore, ELECRAMA 2023 is a true reflection of the capabilities and aspirations of the Indian electrical industry.”

Mr. Jean Pascal Tricoire, Global CEO, Schneider Electric, said, “We, at Schneider Electric, consistently strive to identify future challenges and find probable solutions in our persistent bid to contribute to the electrical industry. Our vision is aligned with India’s future goals as it continues to break new ground in the power sector. As the country’s energy landscape continues to grow, we would continue to support rising India on its exciting journey of electrification and digitization. Invited to attend a flagship event that is credited for inspiring new ideas and innovations in the industry, I am elated to be here at the 15th edition of ELECRAMA that started with an exciting and equally entertaining inaugural ceremony. I wish IEEMA good luck for what promises to be yet another dazzling ELECRAMA edition.”

Mr. Satish Pai, Managing Director, Hindalco Industries, said, “At a time when global efforts are being driven to help realise our collective vision of a sustainable future, we must embrace sustainability as a way of life before expecting it to become a way of doing business. As we find new ways of negating uncertainty and future challenges, the coming decade will witness the adoption of numerous innovative, tech-enabled solutions especially in the field of sustainability which will allow corporations to implement initiatives in a better and more effective manner. At ELECRAMA 2023, I am expecting exhibitors to showcase their ideas and innovations to contribute towards creating a future roadmap for a sustainable future.”

The biennial electronics congregation, with ‘Reimagine Energy – For Sustainable Future’ as this year’s theme, will have the largest public showcase yet of industry innovations by over 1000 exhibitors from India and abroad occupying 1,10,000 sqm of exhibition space over the course of next five days. The much-anticipated event is expected to witness 3,50,000 footfall and over 15,000 pre-scheduled meetings between buyers and sellers.

The five-day congregation will also see national and international industry experts and policymakers deliberate upon industry challenges, innovations, and business models through a series of leadership summits and meetings. The premier showcase event will also host the world’s largest confluence of power transmission and distribution communities at the 5th Reverse Buyers Sellers Meet (RBSM) and Domestic Buyers Sellers Meet (DBSM). The mega event will also be seen focusing on the role of women in the industry, building stronger electrical systems for homes, offices, and industries, and enabling discussions on the way forward for complete electrification of railways. Digital technologies, IoT and AI-powered electrical systems, and other smart-tech solutions are being showcased at the event.

Completing 33 years of being the only industry platform of its kind, ELECRAMA 2023 is supported by the Ministry of New and Renewable Energy, Ministry of Power, Ministry of Heavy Industries and Public Enterprises, and Ministry of Micro, Small, and Medium Enterprises. While Uttar Pradesh is the host state partner, Germany is the country partner in the 15th edition of the initiative.

Mumbai / New Delhi, 20^th February 2023: On the concluding day of the seventh edition of the prestigious GBS Global Summit 2023, conceptualized and executed by ET Edge at the Taj Palace, New Delhi, the focus was on ‘Bricks & Clicks’ approach by Hon’ble Minister of Railways, Communications, Electronics & IT- Shri Ashwini Vaishnaw, collaborative yet distributed and intelligent workplaces, and the game-changing spin-offs from India-UAE CEPA, among other issues.

Like all editions of the Global Business Summit, the seventh edition also has several global speakers, and day two saw a premier gathering of policy and business leaders speaking on diverse themes such as sustainable growth, electric mobility, geo-political dynamics, and the future in digital. They included Anita Williams Woolley, Associate Dean, Tepper School of Business, H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy, Jacek Olczak, CEO, Philip Morris International, Carl Pei, CEO & Co-founder, Nothing, Alexander MacDonald, Chief Economist, NASA, Dr. Linda Yueh CBE, London School of Business, among others.

In the session titled “Bricks & Clicks’, Hon’ble Minister Ashwani Vaishnaw enthused the audience with a glimpse of the work the Indian Railways is doing currently and the shape of things to come soon, Shri Vaishnaw said – “With a vision of 50 years, ‘Bricks and Clicks’ approach is about fast-paced development, revamping of physical infrastructure with minimal disruption to current operations and marrying the same to technological innovation. This combination will ensure inclusivity and scale with benefits reaching all sections of the society.” Indian Railways is on course to supersede current global standards in passenger experience.

Highlighting the significance of roads in the prosperity of the country Shri Nitin Jairam Gadkari, Hon’ble Union Minister of Road Transport & Highways said “The vision of our PM is to make world-class infrastructure in order to drive down costs and propel the country towards economic growth. Our aim is to bring the industry logistics cost to 9%. We also have an opportunity to reduce carbonization by promoting alternative fuels based upon agriculture. This shall add another dimension to our ‘Kisans – Annadata and Urjadata’ and also increase the contribution of agriculture from current levels.”

Addressing the session on ‘India’s Techade’ Shri Rajeev Chandrasekhar, Hon’ble Minister of State for Skill Development & Entrepreneurship and Electronics & Information Technology said “Today Geo-Politics, Economy, Trade and Security are intersecting and technology is at the center of that intersection. In the next decade, India will be among the pack of nations that shall drive technology globally.” Addressing the subject of the industry-academic skill gap, he mentioned “A Degree gives knowledge and Skills give employability.”

Automation is an integral part of technology and speaking on the same Ben Driggs, President & CEO, Global High Growth Regions, Honeywell said “We are trying to address both sides of the equation of energy conservation and energy transition. Today, most businesses estimate their emissions using a variety of assumptions. However, there is no real scoreboard that actually enables us to manage improvements.“

Online gaming is another area where technological prowess is showcased. Quentin Staes-Polet, Managing Director, Unreal Engine, International Operations, Epic Games said– “A game may improve things, transform individuals, and reshape society. India now is the leading market for mobile game downloads in India.”

Shedding light on the scope of economic benefits which India-UAE CEPA (Comprehensive Economic Partnership Agreement) would bring, H.E. Abdullah bin Touq Al Marri, Cabinet Member & UAE Minister of Economy said “From having the world’s largest sea-port, to airport, UAE now aspires to become the biggest brain port and trade capital of the world. India has one of the most thriving economies and we want to assist it to accomplish its $5 trillion goal for 2030. This CEPA was the first for a GCC country and we are now looking forward to approx. USD 100 billion trade over the next five years with India.”

Mumbai / New Delhi, 20th February 2023: The 18th of February marked the end of a 2-day Global Business Summit 2023 that captured insights from leading industry stalwarts. To deliberate on the importance of data for marketers, GfK hosted a panel discussion that was focused on the role of data insights in a rapidly changing environment to stay ahead of trends that can change on a dime as customers adopt.

The session saw participation from business leaders such as Nikhil Mathur (MD, India, Head of Data Partnership and Innovation, APAC, GfK; Daniel Mazon, Vice Chairman and MD, Philips India); Vishal Gondal (CEO, GoQii); Satish N.S. (President, Haier India); Arvind Gupta (Co-founder, Digital India Foundation); and Preeti Bajaj (CEO, Luminous Power Technologies).

They deliberated how companies can manage and use a huge data deluge by keeping technology at the epicenter of every innovation. It also pondered the importance of artificial intelligence and machine learning in extracting value from pre-existing online data in this new world of quantum computing.

Sharing his views in the session, Nikhil Mathur, MD, GfK India, “The Speed of change is multiplying and will continue to have the momentum. The most challenging aspect for business leaders is to target attention-deficit consumers. It is crucial for organizations to make strategic investments in building data capabilities, shift in mindset, and the ways in which companies use data, analytics, and AI.”

He also added, “The focus for us today is on how our actions require data to move forward. The global environment, the industrial revolution, and the blurry boundary line between the physical and cyber worlds are three lenses through which to view the entire concept of this new world. So, it is important that organizations really make a framework of innovation and disruption and look at those things that can take the organization forward.”

Most of the panelists agreed upon the role of data in growing businesses and bringing innovation by keeping in mind the needs of their customers starting from scratch.

20th February 2023, Greater Noida: IILM Group of Institutions organized its 10th PRME International Conference on “Creating Synergy for Sustainable and Resilient World” on the 16th and 17th of February, 2023 at the IILM University Greater Noida. The two-day PRME Conference aimed at creating a platform for a dialogue to initiate positive and enduring changes in alignment with the SDGs to propel a new era of inclusive growth for future generations. On the first day, there was the first plenary session and a session on Inspiring sustainability by the NGOs and 3 research track presentations.

The second day comprised of the second plenary session, one research track presentation and the valedictory session. Panellists from the industry, academia, researchers and students participated in the conference. The chief guest Prof (Dr.) Ravindra Kumar Sinha, Vice Chancellor, Gautam Buddha University, Guest of Honor Mr. Hitesh Kataria, AVP, KPMG, the keynote speakers Dr. Anjan Ray, Director, CSIR – Indian Institute of Petroleum at Council of Scientific and Industrial Research, Mr. Sanjay Sethi, Executive Director, Plant Based Food Industry Association graced the inaugural function with their kind presence. Prof. Taruna Gautam, Vice Chancellor IILM University Greater Noida and Prof. Shyamali Satpathy, the convener were present in the inaugural session.

In the first plenary session on the theme “Reimagining the future for Sustainable Development: The ESG Framework for Green Economy distinguished speakers were Dr. Ritu Dhingra, Regional Vice Chair, International Union for Conservation of Nature(IUCN) CEESP, Wing Commander Amarjeet Singh Bindra, Consultant & Advisor-Smart Cities Sustainability Organic Farming, Ms. Priti Srivastava, Mentor, Advocacy, Reliance Industries Limited and Mr. Gaurav Sarup, Director – ESG, Carbon & Social Performance, Vedanta.

An interesting and inspiring plenary session on “Driving Sustainability and Responsible Leadership” was led by a panel of industry leaders such as Ms. Anu Mehta, Deputy General Manager and Head CSR, Honda Cars India Ltd, Ms. Jasmine Saini, Head Divisional Business Synergy, ITC and Mr. Satyakki Bhattacharjee, Managing Partner, GrowthSqapes.

Scientific sessions in four different tracks were carried out in which more than 60 research papers were presented by senior academics, researchers, industry participants and students. Management track- 1 theme was ‘Work, Skills & Employability: The Drivers of an Inclusive and Sustainable Future’. The theme of Psychology, track-2 was ‘Psychology, Resilience, and Mental health: Pathway from Illness to Wellness’. The track 3-Legal had contributions on the theme of ‘Environmental Transitions I: Emerging Issues and Policy Approaches’. ‘Role of digital disruption and biotechnology in creating a sustainable world was the theme of Track 4 and 5. The valedictory address was given by the Guest of Honor Mr. Uday Shanker, Co-Founder at Chlorohemp Agrotech and the Chief Guest Mr. Pushpendra Johari, Senior VP at RMSI. Concluding remarks were delivered by Prof M Afzal Wani, Pro Vice-Chancellor & Dean, IILM School of Law, Greater Noida.

In addition to that, there was a session on Inspiring sustainability with participation of representatives by 6 different NGOs. There was also a sustainability exhibition aimed at raising the awareness of sustainability and environment change. Students of IILM University, Greater Noida presented their working and non-working models in the exhibition panels.

IIM PRME conference agenda covered a wide range of horizons related to the synergetic approach in achieving a sustainable and resilient World.