Tag Hyderabad

Hyderabad, August 6, 2024: Indian Association of Paediatric Anesthesiologists (IAPA)’S Mid-term CME 2024 with the theme “The Paediatric Anaesthesia Connect’ will be held in the city for two days on August 10th and 11th at Hotel The Plaza, Begumpet.

About 200 plus specialists are expected to attend the program to be organised by IAPA in association with ISA(Indian Society of Anaesthesiologists) State Branch.

Disclosing this in a press note issued in the city today IAPA’s Telangana President and the Organising Chairperson, Dr Raja Narsing Rao said it will feature insightful sessions, interactive panel discussions and engaging workshops.

Pediatric anaesthesia is a new speciality emerging very powerful across the globe. Children from 40% of the population in our country. There is an ever-increasing demand for pediatric surgical and anaesthetic services. We need to develop pediatric anesthesiology in India said Dr. Raja Narsing Rao, Senior Consultant Anaesthesiologist and President of IAPA.

Dr Raja Narsing Rao, also a Senior Consultant Anaesthesiologist at LVPEI and EMRI Green Health says speciality training in pediatric anaesthesia is still in its infancy in India. The majority of children are administered anaesthesia by general anesthesiologists.

The theme of the meet will be ‘Paediatric Anaesthesia Connect’. It is a must to attend meetings for all anesthesiologists including those giving occasional paediatric anaesthesia services too, to improve the safety of the little ones undergoing various surgeries.

It will be a unique opportunity for all anaesthesiologists to connect with experts, expand their skill sets, and stay updated on the latest trends and developments in the field of paediatric anaesthesia.

Dr K. Sailaja, IAPA Telangana State Secretary and Senior Consultant Anaesthesiologist at Care Hospital stated “We invite all anaesthesiologists to mark their calendars and make sure to register early to secure their spot at the IAPA Midterm Meet”

Pediatric Anesthesiologist is the most specialised area. If a child undergoes surgery or a procedure Pediatric Anesthesiologist has the experience and qualifications to assist in the treatment and to help ensure that your child undergoes that treatment safely.

The Indian Association of Paediatric Anaesthesiologists is a dedicated professional body in the field of Paediatric Anaesthesia, to improve safety standards and provide a platform for sharing views and information. This association was formed in March 2006. It has over 880 life members.

The association strives to have basic infrastructure and guidelines in place for all places where children are anaesthetised, thus ensuring safety. It also strives to improve the knowledge and skills of those practising this sub-speciality by conducting periodic conferences and local CMEs.

Exhibits globally tested and certified products in the 2W and OHT range at the three-day event

Hyderabad, August 2nd, 2024: Eurogrip Tyres, one of the fastest-growing global brands in the powered 2-wheeler, 3-wheeler and Off-Highway Tyre categories, participated in Latin Tyre & Auto Parts Expo in Panama and exhibited their latest products at booth number 237.

The exhibition which started on July 31st will go on till 3rd August 2024 at Panama Convention Centre, Panama.

The tyre major displayed off-road tyres used in Construction Machinery Industries, Tractors, Tillers, Ballers and other Agricultural Machineries and 2W Tyres for adventure touring, steel belted radials for superbikes, high performance 2-wheeler tubeless tyres and 3-wheeler tyres including popular patterns such as Climber, Bee Connect, Roadhound, Trailhound STR, Terrabite, Badshah, Beamer VS, Jumbo TL and Jaya LX. In the Off Highway Tyre segment, various models of Industrial and Agricultural tyres were showcased.

Commenting on the participation in the prestigious expo, Eurogrip Tyres’ spokesperson said, “Latin America and the Caribbean are important markets for Eurogrip Tyres and undoubtedly, Latin Tyre & Auto Parts Expo is an important event to be a part of. It is very encouraging to see a plethora of visitors in our stand and we are happy to showcase our product range and engage with them. We are sure this will aid our brand’s exponential growth in the LATAM region.”

Two new off-highway tyre patterns – one in construction and one in agriculture were launched at the exhibition. One of the newly introduced patterns was BL 54 L-4 tyre which can be used for heavy duty construction applications. The most popular size in the Americas – 19.5L-24 – was on display. The BL 54 has a deep tread design and is best suited for backhoe loaders, industrial tractors, compact wheel loaders and telescopic handlers for highly abrasive surfaces. This is the first L-4 tyre for construction segments with rim sizes 18 inches and above. There are 6 more sizes which will be launched in the first quarter of 2025.

The TR 72 R-2, the other pattern, which was launched, is a very deep lug tractor tyre best suited for extremely wet underfoot conditions, like in paddy and sugarcane cultivation. The TR 72 is designed to provide high traction in slushy conditions. The deep R-2 treads can dig deep into the soil to provide consistent traction with minimal slippage. The ideally angled and spaced lugs provide excellent self-cleaning, which in turn aids better traction.

More than 650 international exhibitors from tyre manufacturers, tyre service, re-treading and repair companies, auto parts manufacturers, auto service, tools, and equipment to leading companies in the lubricant and oil industry are participating in the event. The show also has educational and training sessions with top industry leaders and networking events, as well.

Hyderabad; 31 July 2024: – Tasva, the Indian menswear brand by Aditya Birla Fashion and Retail Ltd. and celebrated designer Tarun Tahiliani, proudly announces the grand opening of two new stores in Hyderabad, located in AS Rao Nagar and Himayat Nagar. This significant event underscores the brand’s unwavering commitment to providing incomparable fashion and lifestyle choices to its discerning customers.

Strategically located in AS Rao Nagar and Himayat Nagar, these new stores are designed to cater to the sophisticated tastes of the city and its surrounding regions. Featuring a diverse array of meticulously curated wedding and occasion wear, the stores offer a fresh perspective that seamlessly blends comfort with sophistication.

Reflecting on the unveiling of the new store , Tarun Tahiliani, the Chief Design Officer,- said, “Tasva has been a long-held dream of mine, made possible by Aditya Birla Fashion and Retail. The name itself represents the finest version of oneself, which we have worked hard to accomplish through the brand. For the longest time, I’ve heard that ethnic wear is uncomfortable, and Tasva is an attempt to rectify that. We have designed garments that provide our consumer, the Indian Man, with a fabulously made, internationally inspired collection.”

Commenting on the launch, Ashish Mukul, Brand Head, Tasva, remarked, “Tasva has significantly built a strong customer connection with its best-in-class product offering and unique store experience for men’s ethnic wear. With a complete product offering across Indian occasions, wedding wear apparel and accessories for men, we believe a strong market like Hyderabad offers tremendous potential for us to take this brand to many more shoppers.”

The opening of these new locations marks a pivotal moment in Tasva’s growth, highlighting its dedication to offering unparalleled fashion and lifestyle products. The AS Rao Nagar store spans an impressive 4,780 sq. ft., while the Himayat Nagar store covers 4,823 sq. ft. Both locations showcase an extensive range of kurtas, bundis, sherwanis, bandhgalas, achkans, churidars, aligarhis, as well as accessories including safas, brooches, pocket squares, shawls, stoles, mojaris, and more. The elegant store ambience perfectly complements the exceptional collection. Tasva’s team of knowledgeable stylists is dedicated to understanding each customer’s unique preferences, ensuring personalized assistance at every step. The latest addition of dinner jackets embodies a seamless fusion of sleek lines, asymmetrical cuts, and avant-garde embellishments.

Each garment reflects Tarun Tahiliani’s signature style, meticulously crafted with unparalleled attention to detail to achieve the perfect Tasva fit. Tasva proudly utilizes a selection of fabrics such as silk, banarasi brocade, velvet, and cotton, celebrating the rich heritage of Indian textiles. Traditional embroidery techniques including zardozi, aari, chikankari, and gota work are intricately woven throughout the collection, marrying the elegance of Indian craftsmanship with contemporary silhouettes for the global Indian.

Hyderabad, 29th July 2024: GSK  announced the launch of its new multichannel campaign ‘Ab India Banega 7-Star.’ The campaign shows parents that the future of India is in their hands. It encourages them to secure their children’s future with 7 essential vaccinations against 14 diseases, which include chickenpox, hepatitis A, hepatitis B, meningitis, measles, mumps, rubella, pneumonia, influenza, diphtheria, tetanus, pertussis, HiB infection, and polio.

The Indian Academy of Pediatrics (IAP) recommends 7 vaccinations for children aged 1 to 2 years: two doses of chickenpox and hepatitis A, second dose of meningitis# and MMR, booster doses of PCV and DTP Hib IPV and annual dose of flu. Although, immunization coverage in the first year is high in India, drop-out rates after 1st birthday increase. Hence, a significant number of children in the country remain partially vaccinated.

Dr. Shalini Menon, Medical Director, GSK, said, “After a child’s first birthday, it is critical to build robust immunity against serious vaccine-preventable diseases. The immunity granted by the vaccination can extend to the community thereby preventing the spread of disease and could help address threat of increasing antimicrobial resistance by reducing the need for antibiotics. The 7 essential vaccinations given at this age protect them from 14 dangerous diseases and help them grow into healthy adults. Through this campaign, we want to communicate to parents the critical need to give their children the recommended vaccinations between the ages of 1 and 2 years.”

The central creative focus of the campaign films is on the critical need for the 7 vaccinations. The two campaign films show professionals in different fields, such as a cricketer and a space-station mission director, pausing their important jobs to check if a child has received the 7 essential vaccinations. Current ‘stars’ of India giving a powerful message to parents of future ‘stars’ of India, is captured in the films. The films effectively convey the message that securing a child’s future is more important than any other job and that this future rests on the 7-star protection offered by the 7 vaccinations.

The campaign will run across multiple media platforms such as TV, digital, social media, radio, CTV (connected TV), and OTT. Parents should consult their paediatricians to know more about the vaccination schedule for their children and utilise verified sources of information such as MyVaccinationHub.in

Hyderabad, July 29, 2024: Dressed in a breathtaking ensemble that mirrored the city’s elegance, Sudha Reddy and her custom neck piece by Schiaparelli commanded attention. Her presence among global dignitaries and sporting icons was a testament to her stature and influence.

The Trocadéro Giraffe, a unique vantage point overlooking the Eiffel Tower, offered Reddy an unparalleled view of the opening ceremony. The exclusive access, granted to only a select few, provided a VIP experience that included a dedicated metro line and rigorous security protocols.

The impeccable Reddy enjoyed the rare opportunity of interacting with French President Emmanuel Macron and watching IOC President Thomas Bach and Paris 2024 Olympic President Tony Estanguet deliver their respective speeches right in front of the VIP section.

Sudha Reddy states, “Being part of this historic event was an absolute honour. The energy and enthusiasm in the stadium were infectious. The Olympics is a celebration of the human spirit, and it was inspiring to witness athletes from across the world come together to compete. One of the most memorable moments for me was when Zinedine Zidane passed the Olympic torch to Rafael Nadal, encapsulating the spirit of the Games. The speeches and interactions reinforced the message of unity and global harmony, marking the Paris Olympics as a celebration of peace and solidarity.”

The Hyderabad-based businesswoman and philanthropist’s attendance at the Olympics underscores her global influence and commitment to supporting international events. As a prominent figure in the philanthropic world, she has consistently championed causes that promote education, healthcare, and social welfare.

Beyond the personal experience, Sudha Reddy’s attendance holds significance for India. Her presence on the global stage highlights the nation’s growing influence and its appreciation for sportsmanship and cultural exchange.

Hyderabad, July 26, 2024: The three-day ‘TCT India 2024’ – India’s premier Interventional Cardiology Conference – organized by FACTS Foundation – a non-profit organisation of Cardiologists and Cardiac Surgeons, committed to newer research, innovation, education and training; in association with Apollo Hospitals and Cardiovascular Research Foundation, (CRF) USA; will be held from July 26th to 28th, 2024 at the HICC, Hyderabad. Over 1200 delegates comprising of cardiologists and cardiothoracic surgeons from across India, South Asia and abroad, will be attending the conference. Distinguished faculty including 100 from India and 30 from abroad will showcase and enlighten the delegates with the latest advances in interventional cardiology. Chief Guest Dr Sangita Reddy, Jt. Managing Director, Apollo Hospitals; will inaugurate the TCT India 2024 conference on Friday.

The Conference will have sessions in various Interventional techniques like Hemodynamics, Intracoronary Imaging, Calcium Management, TAVR and other newer Innovations. There will be focused Live case-based learnings with nine live cases from USA, Germany and Australia and 12 live in box cases from various centres spread across India making it a truly Pan India National Event. Live cases will be followed by live case learning points, interactions and related lectures including interesting topics like Future of Structural Heart Interventions; Role of newer devices and interventions in Heart Failure management; Newer Canadian Classification of Acute MI & its relevance in clinical practice; Lifestyle and medical therapies for hypertension; and more.

Dr A. Sreenivas Kumar speaking on the occasion said, this is now the largest Conference of Interventional Cardiologists, with 400 delegates from India and abroad attending it. Several special techniques to deal with cardiac problems which hitherto needed cardiac surgery can be done today by interventional cardiology, through minor aperture, saving the patient from trauma, morbidity, and mortality. In the past when arteries were totally blocked, surgery was mandatory, now there are special techniques to clear the blocked arteries, several such new techniques will be demonstrated and deliberated in this conference. One of the interesting topics for deliberation is, how to survive without getting heart attack for over 100 years, there is a magic drug which if taken as a vaccination every six months, heart attacks can be prevented. Stress, smoking, dietary habits, lifestyle changes are the cause for rise in the incidence of heart attacks. Some have a family history of high cholesterol leading to heart problems, there is relief for such patients with a new injection, which if taken like insulin can significantly reduce cholesterol and prevent heart attacks. It’s difficult to acquire so much knowledge from the most eminent specialists under one roof, this platform brings all of them together and makes the knowledge available in a nutshell to the delegates. The conference overall will address and educate the delegates on the latest techniques beneficial to the patients in terms of speedy recovery and being inexpensive to the possible extent.

Dr M Gokul Reddy, Sr Consultant Cardiologist, Apollo Hospitals, Jubilee Hills; said, the main objective of this Conference is to equip the youngsters in the latest techniques and make them efficient. We are adopting a deep diving training here, wherein each delegate will be trained from basics to the most complex of the aspects.

Dr PC Rath, Sr. Cardiologist, Apollo Hospitals, Hyderabad; said, TCT is the largest interventional council meeting in the world and Hyderabad is privileged to host such internationally acknowledged conference. This Conference attracts the best of the faculty showcasing the most latest techniques and the delegates equally look forward for this Conference every year, to learn the new techniques.

The renowned national and international faculty comprises of Dr Susheel Kumar Kodali M.D., Co-director, NYP/Columbia Valve Center Columbia University Medical Center USA; Dr A. Sreenivas Kumar, Director Cardiology & Clinical Research, Apollo Hospitals, Hyderabad; Dr Ajay J. Kirtane, Director, Columbia University Medical Center / New York-Presbyterian Hospital; Dr Martin B. Leon, Director of Cardiovascular Research and Education, Columbia University Medical Center / New York-Presbyterian Hospital; Dr Juan Granada, President & CEO Cardiovascular Research Foundation NewYork-Presbyterian/Columbia University Medical Center, New York, NY; Dr M Gokul Reddy, Sr Consultant Cardiologist, Apollo Hospitals, Jubilee Hills; Dr Ravinay Bhindi, North Shore Hospital, NSW, Australia; Dr Joanna Wykrzykowska, University Medical Center Groningen, Netherlands; Dr Miroslaw Ferenc, University Heart Center Freiburg, Germany; Dr Guilherme Attizzani, Cleveland University, USA; Dr Pratap Kumar, Meditrina Group of Hospitals, Maldives, Dr Saibal Kar, Los Robles Hospital, USA; Dr Ashish Pershad, Chandler Regional Medical Center, USA; Dr Fazilla Mallik, NHC, Bangladesh; Dr Geza Fontos, Gottsegen National Cardiovascular Center, Hungary; among others.

Prof Sanket Goel, Dean, Research and Innovation (Institute-wide) and Professor, BITS Pilani Hyderabad Campus:

“The budget is beaming with opportunities for both academia and industry which will further cultivate talent. The government has iterated its focus on developing India’s semiconductor manufacturing muscle by a substantial budget increase to ₹ 6,903 crore, which is more than twice than that from the preceding FY. There is immense potential for scientific progress in space technology in India which the government has rightly recognised by allocating ₹ 1,000 crore for space research. Also, the removal of angel tax for start-ups will encourage sustainable development and new business opportunities. A 15% tariff cut on electronics will boost manufacturing and make technology more accessible, while investment in skills development, including internships for 1 million students and the establishment of 12 industrial parks, will provide vital training and job opportunities and prepare youth for future challenges. Additionally, an investment of ₹ 3 lakh in women-led sectors will empower women entrepreneurs and promote inclusive growth. Together, these measures represent a strong commitment to fostering innovation, economic growth, and youth empowerment.”

Professor Manish Gangwar, Indian School of Business, Executive Director-ISB Institute of Data Science:

“The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, stands out for its strong emphasis on job creation. Through a series of innovative schemes and forward-thinking policies, this budget aims to generate substantial employment opportunities and address the existing skill gap in the workforce. A key highlight is the introduction of three “Employment Linked Incentive Schemes” designed to provide direct financial support to both employees and employers. These schemes include support for first-time employees, incentives for manufacturing sector jobs, and financial reimbursement for employers hiring additional staff.Recognizing the critical role of skill development and practical training in enhancing employability and productivity, the budget emphasizes the upgradation of ITIs and internships in top companies. Over the next five years, 1,000 Industrial Training Institutes (ITIs) will be upgraded, focusing on improving outcomes and quality. Additionally, 1 crore youth will gain valuable on-the-job experience through internships in top companies. The budget also plans to develop investment-ready “plug and play” industrial parks in or near 100 cities to stimulate job creation and a conducive environment for businesses to set up operations and generate jobs. The Union Budget 2024 is a forward-looking plan. By introducing targeted employment schemes, enhancing skill development programs, and developing industrial parks, the government aims to not only provide immediate employment opportunities but also focus on a skilled and resilient workforce for the future to drive India’s long-term economic growth.”

Amit Goyal, Regional Managing Director, South Asia, Project Management Institute:

“The government has presented a very meaningful budget touching all segments of citizens and sectors to create a roadmap to Viksit Bharat vision in 2047. The government acknowledges the need for skill development to fully leverage our demographic dividend and increase employability of Indian youth. The introduction of Central Skilling Scheme targeting 20 lakh youth over a period of 5 years, with the establishment of 1000 industrial institutes to be upgraded in hub and spoke model will democratize skill development across all strata and geographies in the country. The introduction of multiple skilling programs with ease of financial support, especially targeting manufacturing and women-led self-help groups are future forward steps in the right direction. Furthermore, the skilling programs will be devised in line with the industry needs, and new courses will be introduced as required. As the government expands its focus on sectors like space and semiconductor manufacturing, specialized skill development initiatives will pave the way for the evolving needs of industries. Focusing on professional upskilling that is critical to every industry, sector and business – such as project management and accounting – will help the government realize their goals because these burgeoning professions remain in demand now and in the future. Furthermore, this will help in creating a more job ready and employable workforce equipped to succeed in a rapidly changing business environment. These initiatives will not only help develop skilled manpower but also enhance inclusion of women in the workforce, to be well prepared for the peak of our working age population in 2044.”

Mr. Sanjiv Kanwar, Managing Director – Yara South Asia:

“We welcome the Union Budget’s strong emphasis on agriculture, particularly its aim to bolster productivity and resilience. The commitment to releasing climate-resilient crop varieties, alongside the establishment of bio-research centres, demonstrates a commendable commitment to the long-term health, sustainability, and resilience of Indian agriculture. The budget provisions for agriculture and allied sectors provide a solid foundation for these initiatives. The attention given to pulses and oilseeds, along with the development of large-scale clusters near FPO centers and consumption centers, directly addresses the need for a robust and efficient supply chain. These large-scale clusters around consumption centers will also help in efficiently reducing the carbon footprint of the agricultural supply chain. We are also pleased to see the government’s commitment to digital public infrastructure, including the digital crop survey, which will contribute to greater transparency and data-driven decision-making in agriculture. Furthermore, we applaud the budget’s commitment to facilitating higher participation of women in the workforce. We believe this focus will have a particularly positive impact on agriculture, where empowering women is crucial for a thriving agriculture sector. Increased opportunities for women in areas such as agricultural entrepreneurship, technology adoption, and leadership roles will benefit the entire industry. We are particularly encouraged by the budget’s emphasis on enhancing the ease of doing business in India under Jan Vishwas bill 2.0. Streamlining regulations and creating a more conducive environment for businesses will be crucial for attracting investment and driving growth in the agricultural sector. This union budget lays a strong foundation for a future where Indian agriculture is both prosperous and sustainable.”

Mr. Raju Kapoor, Director, Industry & Public Affairs, FMC India:

“The government has presented a forward-looking and growth-oriented budget that rightly prioritizes the transformation of Indian agriculture. The comprehensive review of agricultural research focusing on productivity and climate resilience is a much-needed step. We are also encouraged by the government’s commitment to involve the private sector and domain experts to further enhance this endeavor, fostering a collaborative approach towards agricultural innovation and building a larger innovation ecosystem. The introduction of 109 new high-yielding and climate-resilient varieties of 32 field and horticultural crops further showcases the government’s dedication to providing farmers with the support they need to thrive in the changing environment. Similar efforts are needed to make the expedited availability of modern agricultural inputs to enhance productivity. The digital public infrastructure for agriculture in partnership with States, integrating 6 crore farmers and their land into a digital registry will increase transparency and also democratize access to digital services. This will lay a strong foundation for precision agriculture. The government’s vision of developing vegetable production closer to consumption centers and promoting FPOs, cooperatives, and startups for efficient supply chains is likely to benefit both farmers and consumers. It is encouraging to see the government’s increased focus on ease of doing business with Jan Vishwas bill 2.0 which will strengthen FDI in agriculture and also help in modernizing the agriculture sector with technology and R&D. Further decriminalization of minor offenses may be ensured even in the Insecticides Act 1968. The initiative to open 1000 ITIs is a timely initiative. Relevant centres of ITIs must start drone pilot training and maintenance as an option to feed the skill etc needed to grow the drone-led agricultural economy. Overall, this budget has laid a strong foundation for a more resilient, productive, and sustainable agricultural sector in the country. We remain committed to partnering with the government in its endeavour to transform Indian agriculture and improve farmer livelihoods and the country’s food security.”

Rohit Saboo, President and CEO, National Engineering Industries:

“The Budget presented by the Finance Minister is highly growth-oriented, focusing on enhancing the skills and job readiness of the youth. Incentivizing job creation in the manufacturing sector through a scheme linked to employing first-time employees is a positive step. Additionally, exempting customs duty on essential minerals like lithium, cobalt, and nickel will significantly boost India’s electric vehicle sector, reinforcing the country’s commitment to sustainability and a greener future. Overall, this budget reflects a forward-thinking approach, emphasizing sustainable growth and equipping the youth for the evolving global landscape.”

Gregory Goba Ble, Managing Director, UPS in India:

“The Union Budget unveiled recently is a monumental stride towards positioning India as a global logistics powerhouse. It aligns seamlessly with the ‘Make in India’ initiative and lays a solid foundation for India’s future growth. This budget has hit all the right notes – focusing on infrastructure development, leveraging technology & supporting MSMEs including traditional artisans through innovative measures such as e-commerce export hubs. We commend the government’s commitment to infrastructure development, particularly the announcement of new economic corridors. These initiatives, along with strategic investments in roadways and airports, are poised to streamline logistics operations, reduce costs and enhance connectivity across key regions.

The budget’s focus on MSMEs is particularly encouraging. The provision of no-collateral term loans for manufacturing MSMEs, coupled with expanded MUDRA loan limits and the new credit guarantee scheme will provide much-needed access to working capital to MSMEs. This will empower them to embrace technology and compete globally. We also applaud the government’s vision in leveraging technology through initiatives like an integrated tech platform for IBC and developing Digital Public Infrastructure. These measures are set to enhance transparency, efficiency & ease of doing business in the logistics sector.

It’s also noteworthy that TDS rates have been reduced from 1% to 0.1% for e-commerce operators – this move simplifies operations while promoting growth within this rapidly expanding segment!

Lastly but importantly – lower customs duties on crucial healthcare equipment & medicines demonstrate strong commitment towards improving healthcare infrastructure via efficient logistics.

This budget, with its emphasis on infrastructure, technology, and support for MSMEs, charts a clear path towards a more robust, efficient, and globally competitive logistics landscape in India.”

Anant Jain, Head of Customer Success – India, GfK – an NIQ company:

“In the Union Budget 2024, the Finance Minister’s focus on uplifting the poor, women, youth, and farmers aligns with India’s aspirations towards a developed nation. It reflects the government’s commitment to ‘Viksit Bharat’ and is poised to benefit the tech sector. The proposed reduction in the Basic Customs Duty (BCD) on mobile phones, mobile PCDA (Printed Circuit Design Assembly), and mobile chargers to 15% expected to make mobile devices and accessories more affordable, thereby boosting consumer demand and driving growth in the tech industry. Additionally, the increase in duty on printed circuit board assemblies (PCBA) for specific telecom equipment from 10% to 15% aims to encourage local manufacturing. Government’s prioritization on jobs, agriculture and energy sector will provide long term growth opportunities to tech & durables sector.”

Mr. Sanjay Dighe, CEO of Krystal Integrated Limited Services:

“The Union Budget 2024 presented by Finance Minister Nirmala Sitharaman outlines a comprehensive vision for India’s growth, with a strong emphasis on job creation, skill development, and social justice. The government’s focus on employment generation and upskilling initiatives is particularly encouraging for the facility management and staffing sector.

The introduction of three key schemes under the Prime Minister’s package is a significant step towards boosting the job market. The government’s commitment to support 210 lakh first-time employees, incentivize job creation in the manufacturing sector, and reimburse employers for additional hires will undoubtedly stimulate employment opportunities. The plans to upgrade 1,000 Industrial Training Institutes and the new centrally sponsored scheme to skill 20 lakh youth over five years are welcome moves. These initiatives, coupled with the focus on women’s participation in the workforce through working women hostels and specific skilling programs, will foster a more inclusive and skilled labour force. These progressive measures lay a strong foundation for building a more prosperous and skilled India.”

Mr Gyanesh Chaudhary, CMD, Vikram Solar Limited:

“The Union Budget 2024 has positioned India as a frontrunner in the global solar energy landscape. By allocating a substantial Rs. 7,327 crore for solar projects and introducing initiatives like the PM Surya Ghar Muft Bijli Yojana, which aims to provide free electricity to one crore households, the government has demonstrated a strong commitment to clean energy. This budget is a catalyst for the growth of the Indian solar industry, empowering millions of households with access to affordable and clean electricity. Moreover, by supporting ancillary sectors like pump storage and creating a conducive environment for innovation through tax incentives for solar cell and panel manufacturing, the budget has laid a robust foundation for India’s energy transition.”

Mr. Shalya Gupta, CEO, PHF Leasing Limited:

This budget focuses on job-creation and we welcome the steps that will ensure that the first timers / interns / youth will get a level playing field. The PM Package for Employment linked Incentives is a brilliant way to incentivise private and public sector in skilling of the youth of the country, so that they are able to eke out a respectable living. Companies like ours which hire and skill a large number of first time job seekers will benefit and be rewarded. It will also encourage companies to hire more youngsters, which will make a sizeable dent to the issues of joblessness and employability.

Ankit Patel, Co-Founder & CBO of eFeed :

While Budget 2024 introduced several measures for the agricultural sector, it notably fell short in addressing the specific needs of cattle farmers. To increase their income, the government should consider targeted subsidies for cattle feed, investment in veterinary healthcare, and incentives for sustainable farming practices.

Sriram PH, Co-Founder & CEO at DaveAI:

I believe Budget 3.0 is a forward thinking one, especially with a focus on digital infrastructure, innovation and research & development. The roadmap towards a developed country is promising for entrepreneurs building from India. The proposal to abolish the Angel tax will play a key part in facilitating an environment that boosts investments and ease of doing business. We expect robust implementation of initiatives proposed to enable a strong environment fostering deep technology investments in the country.

Dilshad Billimoria, Founder, Managing Director, and Chief Financial Planner at Dilzer Consultants Pvt Ltd:

“The 2024 budget brings significant changes that will impact investors and salaried individuals. At Dilzer, we view these adjustments as important steps in shaping India’s financial landscape. The revision of the Long Term Capital Gains Tax rate to 12.5% with an annual exemption of ₹1.25 lakhs for listed securities held over 12 months could encourage more long-term investments, aligning with our wealth creation philosophy. We await clarification on Short Term Capital Gains taxation for comprehensive planning.

For salaried employees, the increase in Standard Deduction to ₹75,000 is a welcome relief that could boost disposable income. At Dilzer, we’re committed to helping our clients navigate these changes effectively. We’ll be analyzing the budget’s finer details to provide tailored advice on integrating these new provisions into our clients’ financial strategies, ensuring we continue to create personalized, long-term plans that adapt to the evolving fiscal environment while meeting individual objectives.

Rutvi Sheth, Director, Advait Greenergy Private Limited:

Rutvi Sheth, Director, Advait Greenergy Private Limited, says, “The 2024 budget’s allocation of Rs. 600 crore for the National Green Hydrogen Fund marks a significant milestone in India’s journey towards net-zero emissions by 2070. At Advait Greenergy, we view this as a transformative opportunity for the sustainable energy sector, perfectly aligning with our mission to provide innovative infrastructure solutions for the power and telecom industries.

As leaders in overhead transmission line solutions and renewable energy infrastructure, Advait Greenergy is well-positioned to play a crucial role in India’s Green Hydrogen initiative. This fund will accelerate the development of Green Hydrogen, green ammonia, and carbon capture technologies, areas where our expertise in power transmission and distribution will be invaluable. We are committed to driving the transition towards a greener, more sustainable future.”

Rajesh Singla, CEO & Founder of Planify:

The budget, presented by Finance Minister Nirmala Sitharaman, has introduced several pivotal reforms aimed at reshaping the financial landscape.

One of the most notable changes is the hike in the tax rate for equity investments held for less than one year, which has been increased to 20% from the previous 15%. For shares held for more than 12 months, the long-term capital gains (LTCG) tax has been raised to 12.5% from 10%. This adjustment is expected to impact investor behavior, potentially leading to a more cautious approach in short-term trading.

Additionally, the budget has seen a hike in the Securities Transaction Tax (STT) on futures and options (F&O) securities by 0.02% and 0.1%, respectively. This move, aimed at curbing rampant F&O trading, resulted in a sharp market reaction, with a 400-point drop immediately following the announcement. The increased STT rates mean that equity and index traders will now face double the tax for their trades, which could lead to a more stabilized market in the long run.

In a significant boost for the startup ecosystem, the budget has abolished the angel tax, a move that is expected to encourage more venture capital (VC) funds and investors to support early-stage startups. This bold move addresses a long-standing concern in the startup community and aligns perfectly with our mission to democratize startup investments. By removing this significant barrier to capital raising, the government has paved the way for increased domestic and foreign investments in Indian startups. This decision, coupled with the existing valuation methods for non-resident investors, creates a more favorable environment for innovation and growth.

Rajesh Singla emphasizes that these changes, while initially challenging, are crucial for long-term economic stability and growth. “The abolition of the angel tax is a welcome move that will undoubtedly spur innovation and investment in the startup sector. As a platform connecting investors with promising startups, we anticipate this change will catalyze a new wave of entrepreneurial activity and investment opportunities in India,” he states.

By aligning with the government’s roadmap, Planify aims to contribute significantly to the growth of the startup ecosystem and, consequently, the broader economy.

Mr Neeraj Raja Kochhar Chairman & Managing Director of Viraj Profiles Pvt. Limited:

The government’s Rs 1.48 lakh crore provision for employment and employability, particularly in recognizing first-time employees and incentivizing job creation, is a significant boost for the steel industry. As a leader in stainless steel manufacturing, we at Viraj welcome these initiatives that will strengthen our workforce and enhance productivity. The focus on sustainability and heavy engineering also resonates with our commitment to eco-friendly practices and cutting-edge technology. This budget sets a positive trajectory for the steel sector, supporting our mission of ‘Make in India for the World’ while contributing to sustainable industrial growth.

Deepak Chaudhary, Founder of Urban Tots:

“With the upcoming budget presentation by Finance Minister Nirmala Sitharaman, the Modi 3.0 government’s focus on revamping the PLI scheme to include more labor-intensive sectors is promising for industries like toys. The significant increase in allocation, projected to reach Rs 14,167.1 crore in FY25, signals a robust support framework for MSMEs and job creation. At Urban Tots, we are optimistic about the potential benefits this policy shift will bring, enabling us to scale operations, boost employment, and contribute to India’s economic growth”

Sudhindra Holla, Director, Axis Communications, India & SAARC:

“The ‘Viksit Bharat’ Budget 2024 charts an ambitious course for India’s future. The government’s strong focus on the 9 pillars of growth, especially, Manufacturing, Urban Development, Energy Security and Infrastructure will accelerate the creation of new opportunities for the nation’s growth.

The substantial investment planned for the tourism sector could significantly boost our international tourism and, in turn, our economy. Also, the budget allocation for transport infrastructure showcases the groundwork for accelerated economic development and better connectivity across India. For the safety and surveillance industry this indicates an increased responsibility of making the tourism and transportation industry robust and safe.”

Dr K Hari Prasad,Group Chairman & Non-Executive Director,Quality Care India Ltd:

“Thank the Finance Minister for her continued efforts in making healthcare more accessible by exempting additional cancer medications from customs duties, building on the exemptions introduced in the last budget. This, along with the customs duty exemptions for foods and drugs used for rare diseases, significantly alleviates the financial burden on patients who are already grappling with the trauma of their conditions.

We eagerly anticipate further exemptions for drugs and medical consumables related to other lifestyle diseases, which will help make healthcare accessible to even more people. However, it is worth noting that the increase in the healthcare budget allocation compared to the previous year is marginal. There is still a pressing need to substantially bridge the gap in achieving the vision of quality healthcare for all.”

Mr. Kalyan Chakrabarti, CEO, Emaar India:

“We at Emaar India welcome the Union Budget 2024-2025, as it reflects the government’s strong commitment to improving urban housing. This budget lays a robust foundation for a dynamic, inclusive, and sustainable urban housing environment, ensuring long-term benefits for all stakeholders We are excited about these positive changes and are committed to playing our part in building high-quality projects that support this vision.”

This ₹10 lakh crore investment is a strong step towards creating an inclusive and sustainable urban ecosystem. Making affordable loans more accessible will effectively help people in achieving the dream of homeownership. At Emaar, transparency is our core value and therefore we firmly support the emphasis on transparency and believe that a fair rental housing system will create a more trustworthy and balanced housing market.

Key infrastructure developments, such as better water supply and sanitation, effective sewage treatment, and solid waste management, will significantly enhance the quality of life across the country. Additionally, lowering of stamp duty for properties purchased by women is a commendable move towards gender equality in property ownership and empowering women. Furthermore, the comprehensive internship program for one crore youth in leading companies, along with women-specific skilling programs, are strategic initiatives designed to boost workforce participation and drive economic growth.

Dr Krishna Prasad Vunnam, Founder & Managing Director,Ankura Hospital:

According to Dr Krishna Prasad Vunnam, Founder & Managing Director. “I commend Finance Minister Nirmala Sitharaman for presenting a thoughtful and inclusive budget today. The increased focus on healthcare, with substantial allocations towards infrastructure development and public health initiatives, is both timely and necessary.

At Ankura Hospital, we are particularly encouraged by the exemption of customs duty for Rare Diseases like Cystic Fibrosis as also significant emphasis on maternal and child health. The dedicated funds for improving neonatal care and paediatric services align perfectly with our mission to deliver the highest quality of care to mothers and children. These initiatives will undoubtedly enhance our ability to provide comprehensive and specialized services to this vulnerable population.

Overall, this budget demonstrates a strong commitment to building a resilient healthcare system. We look forward to supporting and implementing these initiatives to contribute to the nation’s health and well-being.

Given the rapidly rising cancer cases in India, the initiative to promote cervical cancer vaccination among girls aged 9-14 marks a momentous turning point that has been declared in the budget. The government is stressing the need for timely prevention and health awareness among young girls and their families. This move will empower future generations with the knowledge they require to prevent cervical cancer. By increasing accessibility to the HPV vaccine, it is possible to address misconceptions and stigma related to cervical cancer. Preventive measures are encouraged for girls to lead healthy lives. Likewise, the launch of the Unorganised Worker Identification Number (U-WIN) platform is a significant leap with a focus on immunization management and the ambitious Mission Indradhanush. By streamlining vaccine distribution through real-time data tracking, U-WIN will ensure that the vulnerable populations can get timely vaccinations which will reduce the burden on the healthcare system.”

Mumbai / Hyderabad, 22nd July 2024: Step into the realm of culinary soirée as Olive Bistro & Bar, Hyderabad brings you an exclusive pop-up that promises to wow! Renowned chef, Dhruv Oberoi and award-winning mixologist, Harish Chhimwal from the Olive Bar & Kitchen, New Delhi are taking over the city’s iconic dining destination, Olive Bistro & Bar, Hyderabad. The collaboration, beginning from 22nd July to 31st August, promises to be an unforgettable experience that marries innovation and comfort with Mediterranean marvels, and mixology magic.

Prepare your palate for an unforgettable culinary voyage! From the Tangy Amla & Green Mango salad to Himalayan Cheese Soufflé, served with pickled Jamun, and the minced Sirohi Goat and Quail Egg Kufteh Meatballs, served with smoked Aubergine Labneh, Chef Dhruv’s pop-up offers an array of progressive culinary delights. Taste the magic of Butternut Squash & Harissa, Tahini & Seabass, Cuttlefish & Pici, and more, as each dish is a celebration of local produce and culinary finesse.

For dessert, guests can enjoy the Basque cheesecake baked with almond frangipane, served with jamun compote and almond turrón crunch and the dreamy Tiramisu picnic basket, a coffee and rum-soaked sponge and mascarpone trifle, served with picnic staples.

But that’s not all – the mixology brilliance of Barkeep Harish Chhimwal takes this event to a whole new level. Dive into signature cocktails that reinvents cocktail craftsmanship. And don’t miss the exhilarating Tripoli Punch, a shared adventure in a glass that fuses hibiscus tequila and lime juice among many other enticing creations like Athena, Hibiscus & Rosa Teq, Moroccan Sour, Coco Boulevardier, and more.

Olive Bistro & Bar, Hyderabad brings on-board the expertise of Chef Dhruv and his talented team of chefs from Olive Delhi, to cook up a storm with our Executive Chef, Vijay David Niranjan. With a tasteful knack for blending modern techniques with classic recipes, come by for a tantalising experience from the capital!

This is your chance to be part of a culinary revolution where, flavours collide, and excitement fills the air. The Olive Hyderabad x Olive Delhi Pop-up is not just a dining experience – it’s a sensation that promises to leave an indelible mark on your palate It’s not just a dinner; it’s an epicurean journey in the heart of Hyderabad!

Delhi, 16^th July 2024: Accessing any real estate company’s performance based on ESG becomes crucial as the real estate sector is the 2^nd largest employer in India, accounting for 39% of carbon emissions. The government’s constant push to achieve net zero emissions by 2070 is likely to play a pivotal role in shaping the real estate market in India.

As per Vestian Research, over 65% of Grade A office space across India’s top 7 cities is green-certified. Moreover, among 1,362 Grade A buildings, 805 (or 59%) boast of green certifications, highlighting India’s growing commitment to sustainable construction.

As India’s office market attracts global occupiers, developers are increasingly prioritizing international certifications. This trend is reflected in the dominance of LEED certification, which accounts for a remarkable 74% share as of Q2 2024. Moreover, Gold is the most prominent certification in the Indian office market as 49% of buildings are certified gold under LEED and 51% are accredited gold under IGBC.

Note: Data for Grade A buildings considered for the analysis

Source: Vestian Research

City-wise Analysis

Southern cities (Bengaluru, Chennai, and Hyderabad) account for 58% of the total green stock pan-India. Bengaluru accounts for the highest, 172 Mn sq ft, green stock amongst the top seven cities of India.  Chennai accounts for the highest percentage share, 83%, of green stock out of the city’s total Grade A stock.

Despite having the lowest stock for Grade A office buildings in pan-India, 62% of the area is green-certified in Kolkata. On the other hand, Pune has the lowest percentage, 56%, of green-certified office buildings despite the prominence of MNCs in city leasing.

Built-up Area-wise Analysis

Grade A office buildings with a built-up area of less than 5 lakh sq ft account for 47% of the total number of green-certified buildings. On the other hand, office buildings with a built-up area of more than 10 lakh sq ft account for only 19% of the total number of green-certified buildings. Despite this, 90% of the total projects within this category still qualify as green buildings, showcasing a strong focus on sustainability. Notably, green certification is rare in office buildings with a built-up area of less than 1 lakh sq ft. This signifies lower preference for sustainability practices amongst small and medium-scale developers and occupiers.

Green-certified Projects Command Premium in Rental Values

Note: Data for Grade A buildings considered for the analysis

Source: Vestian Research

Green-certified buildings command a 12% to 14% premium on average over non-green buildings. This demonstrates that developers are rewarded for initial investment in costly sustainable development, as they can charge a premium from occupiers.

Bengaluru leads the pack with a premium of 23-25% with Chennai and Hyderabad following behind at 12-14% and 13-15%, respectively. This suggests a strong focus on sustainability in these tech hubs, where companies are willing to paya premium to promote environmental responsibility and enhance employee well-being. Developers in Mumbai and Pune charge 8-12% premium in rentals for green-certified buildings compared to non-certified areas.

Hyderabad, 16th July 2024 – Herbochem, a pioneer in the health and wellness industry, is enthusiastic to announce the launch of a new lineup of plant-based proteins which are designed for people who are looking for better fitness. This innovative range aims to cater to the growing demand for high-quality, sustainable protein sources that support an active lifestyle. Plant-based proteins have gained immense popularity in recent years, not only among vegetarians and vegans but also among fitness enthusiasts and athletes seeking to enhance their performance and recovery. The new range is a testament to Herbochem’s dedication to healthier lives, as well as environmentally sustainable practices. The company has a protein-based production line that concentrates on three key proteins, Pea, Soy and Moringa, that are not only rich in essential nutrients but also give sustainable and eco-friendly options to animal-based proteins.

Pea protein is recognized for its good digestibility, non-allergic characteristics and balanced amino acid pattern having a rich content of iron. As for soy protein, it is a full protein that has all nine amino acids which are essential for human nutrition. It is well-regarded for its ability to support muscle growth and maintenance, as well as its potential benefits for heart health. The moringa tree is known for its leaves, which contain huge quantities of nutrients and antioxidants, thus it benefits muscular development and maintenance. This makes moringa protein very beneficial for maintaining good heart health. It also supports immune functions, energy levels as well as overall well-being.

Karthik Kondepudi, Partner at Herbochem, commented, ” We are happy to announce the launch of our new line of plant-derived proteins. Herbochem’s philosophy is that there is no other source of protein that is sustainable and healthy like that from nature. Our new line of products is designed to provide exceptional nutritional benefits while conforming to our company’s motto of remaining environmentally friendly. We’re confident that our plant-based proteins will meet the growing demand for green and efficient nutrition.”

In addition to its plant-based proteins, Herbochem is also at the forefront of manufacturing plant-based minerals, providing innovative and sustainable solutions for health and wellness. These minerals are derived from natural plant sources, ensuring they are bioavailable and easily absorbed by the body. Herbochem’s commitment to plant-based minerals includes Calcium, Magnesium, Iron, and Zinc.