Archives May 2023

Move to allow load aggregation for Green Energy Access positive for Indian Telecom: COAI

COAI

New Delhi, 26th May 2023: COAI, the apex industry body representing the digital communications sector in the country, welcomed the gazette notification on the Second Amendment of the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) by the Ministry of Power, which has allowed for aggregation of load by multiple connections served by the same electricity division of a Discom to avail the services of renewable energy under the open access route. This long-awaited development enables the telecom sector to actively participate in India’s commitment towards green energy and sustainable growth, while also enabling proliferation of services.

The Ministry of Power had taken a commendable step last year by reducing the consumption requirement limit for green energy from 1 MW to 100 kW. However, telecom towers, which serve as the backbone of the network, have individual power energy load requirements of ~10 kW each. Therefore, being treated as separate entities, telecom towers were unable to reap the benefits of green energy open access. With the issuance of the second amendment by the Ministry of Power, any “entity” (meaning consumer) with a contracted demand or sanctioned load of 100 kW or more, either through a single connection or multiple connections aggregating 100 kW or more within the same electricity division of a distribution licensee, shall be eligible to take power through Green Energy Open Access. This will make it cost-effective for the telecom sector to fulfil its energy needs, while also contributing to the green energy aspirations and renewable energy use targets of the nation.

Appreciating the directions, Lt. Gen. Dr. S.P. Kochhar, Director General, COAI stated, “We laud the Ministry of Power for introducing this much required progressive measure and also thank the Secretary, Ministry of Power; TRAI Chairman and DoT for the continuous support on this important aspect of power supply requirements for telecom infrastructure. This positive step acknowledges the importance of telecom as an essential infrastructure industry and its manifold benefits for the nation and our citizens. The telecom industry remains committed to fostering sustainability and contributing to the country’s renewable energy goals”.

The telecom players have been diligently striving to reduce their carbon footprint by deploying renewable energy solutions. This positive step would further enhance their efforts to achieve energy sustainability and reduce carbon emissions. COAI remains committed to working closely with all stakeholders to facilitate the growth of the sector to keep the nation connected, while prioritizing environmental sustainability as a vital part of this endeavour.

Ayekart and UBFC Partnership Set to Unlock Growth Opportunities in India’s Food and Agri Value Chain

Ayekart and UBFC Partnership

Mumbai,26th May 2023: Ayekart, India’s First Integrated tech platform in the food and agri value chain and UBFC (Unnayan Bharat Finance Corporation) has announced their plan to join forces to empower the food and agriculture value chain with technology and finance. The respective managements of both companies have approved the acquisition of a majority stake in UBFC by Ayekart, subject to regulatory approvals.

Ayekart is known for offering market access, digitizing the Agri-value chain, and providing trade credit. Meanwhile, UBFC works in dairy value chain and provides small loans to borrowers who own livestock. The combined strengths of Ayekart and UBFC will help create a more equitable ecosystem for the food and agriculture value chain, providing improved market access, advanced technology, and simplified financing to underserved communities involved in the food and agriculture sector.

Delighted to partner with UBFC and strengthen the overall food and supply ecosystem, Mr Debarshi Dutta, Founder and CEO of Ayekart, said, “Our vision at Ayekart is to strengthen traditional businesses in the Agri-value chain through finance, technology, and supply chain management. We are excited about this collaboration with UBFC, which will help us propel our efforts in enabling the MSMEs and FPOs, the important pillars of India’s resilient story.”

Together, the two companies will leverage their expertise to enable the food and agriculture value chain with technology and finance, making it easier for businesses to access markets, scale their operations, increase income, and create more job opportunities.

Further to the collaboration with Ayekart, Avneesh Trivedi, Co-founder of UBFC, added, “UBFC has always aimed to adopt a more dynamic approach through a phygital model to address the problems faced by micro and nano businesses in smaller towns and cities. We found synergy with Ayekart, which operates in similar geographies, to fulfil the needs of small businesses across the nation. This partnership will help us achieve mutual objectives.”

This strategic acquisition between the two companies will help them ramp up their growth ladder and support each other in enhancing their food and agriculture value chain business with their expertise and services.

Esri India and ideaForge join hands

New Delhi – 26th May 2023: Esri India, the country’s leading Geographic Information System (GIS) Software & Solutions provider, today announced the signing of a Memorandum of Understanding (MOU) with ideaForge, a market leader in the Indian Unmanned Aircraft Systems. The objective of this partnership is to boost the adoption of drones in India.

The partnership between Esri India and ideaForge will allow users to deploy drone solutions with GIS to solve complex problems in AEC, forestry, agriculture, mining, transportation, utilities, and defence. Drone users in India primarily face the difficulty of working with different firms for meeting their hardware, software, training, and services requirements. Shortage of skilled workforce is another area of concern. This partnership will resolve these challenges to a great extent. The users will also be able to achieve seamless integration of drone videos and photos for advanced GIS applications, establish SOPs and standard workflows, and develop solutions for motion imagery, live streaming, and more.

The partnership will also help enterprises and government agencies to meet their essential drone-based requirements, both in terms of drone flying and GIS. This will reduce the complexity of engaging multiple vendors and foster higher adoption of drones in India, bringing multiple solution components under one umbrella.

Agendra Kumar, Managing Director, Esri India said, “India is placing great importance on using drone data for effective governance and growth. Several sectors such as forestry, agriculture, insurance, surveying & mapping, among others, are already taking advantage of the liberalized regulations and adopting drone technology for data collection. As the use of drones increases, there arises a need for integrated solutions that can provide a complete, end-to-end workflow for acquiring and processing drone imagery, processing the data, and gathering useful insights from the same for informed decision-making. Esri India’s partnership with ideaForge will help drone users benefit from such integrated solutions, including Drones & GIS, curated by the leaders in their respective fields. The bundled solution will help the users to achieve time and cost-effectiveness in their drone data collection, processing, and analysis efforts. We aim to also provide extensive support in training.”

Ankit Mehta, CEO, ideaForge stated, “We are thrilled to be collaborating with Esri India. This collaboration will assist ideaForge and Esri India in designing an integrated Drone and GIS software solution for the Indian market. Through this collaboration, ideaForge and Esri India can offer GIS software with ideaForge products to various customers in India via integrated solutions.”

Coforge Achieves Salesforce Summit (Platinum) Level Partnership

Greater Noida, India, 26th May 2023– Coforge Limited (NSE: COFORGE), a global digital services and solutions provider, announced accreditation to the Salesforce Summit (Platinum) level partner which is the highest level of the partnership with Salesforce.

Coforge is a trusted Partner of Salesforce since 2008, offering business consulting, licensing, implementation, and support services across the Banking and Financial Services, Insurance, Travel-Transportation & Hospitality, and Healthcare & Life Sciences industries. Coforge is also a strategic partner to MuleSoft (the Salesforce Integration Cloud), delivering end-to-end API automation solutions to clients globally and helping them deliver seamless connected customer experiences.

Only select Salesforce consulting partners are bestowed with this distinction every year which sets the competitive bar very high. To achieve the summit-level partnership, Coforge’s Salesforce team secured perfect scores across multiple Customer Satisfaction Surveys (CSATs), taking total certifications (Salesforce + MuleSoft) count to 1000+ along with meeting Co-sell ACV targets. The summit partnership catapults Coforge straight into the big-league players in the Enterprise domain.

Sanjeev Prasad, Global leader of Cloud & Digital, Coforge said, “At Coforge Salesforce business unit, our mission is to solve problems and transform our customers’ vision into reality by delivering expert, industry-specific solutions through the Salesforce ecosystem. Achieving the (summit) highest level of Salesforce partnership is a testament to our deep domain expertise and client satisfaction. I would also like to congratulate our team who have been working hard throughout the past year towards this stellar achievement.” He added, “The partnership will help Coforge to further enhance data management automation, deliver connected customer experiences, and enhance customer relationships.”

BVM Global school @Bengaluru announces 100% Results in Class 10 CBSE Board Examination 2022-23

BVM Global School @ Bengaluru “CBSE Class 10 Board Exam Results 2022-23: Stepping Stones to Success – 10th Grade Students Shine Bright with Impressive Pass Rates”.

BVM Global school @Bengaluru, a school known for its holistic approach to education and commitment to academic excellence is jubilant to announce 100% Results in Class 10 CBSE Board Examination 2022-23. Our students have earned a comprehensive range of excellent individual scores with an average that exemplifies their excellence and diligence. Their laudable scores have brought laurels to the school. 75% of our class 10 students have scored 80% and above in their boards.

Anand Sathyajith Menon tops the chart with a marvellous score of 474 out of 500, followed closely by Anannya Kanchan scoring an impressive 471 out of 500. Yuthran S secures a delightful score of 466 out of 500. The aggregate school average is 82.6%.

The Management, the Principal and the staff of BVM Global School @ Bengaluru take pride in the achievements of the second batch of our Class 10 students and are all set to continue to announce stupendous results and remarkable achievements from our forthcoming batches with the support of our wonderful parents.

Mr. Ramana Prasad, the chairman of BVM Global Schools, expressed his heartfelt gratitude to the parents, teachers, and support staff whose unwavering support and guidance have played an integral role in their success. As the students embark on the next phase of their academic journey, Mr. Ramana Prasad wished them continued success in their future endeavors that will support their aspirations and dreams

Tech-oriented platforms helping students to study and settle in abroad

According to the Indian Ministry of Education, there is a 68% increase in the number of students who are going to abroad for higher education. In recent years, technology has significantly revolutionized the education sector, making it easier for students to pursue their academic goals, especially when it comes to studying abroad. Tech-oriented platforms have played a vital role in simplifying the process of studying abroad, providing students with access to critical information, resources, and tools they need to make informed decisions about studying overseas .Here are some options for your dream study abroad experience starting from the right accommodation for overseas education aspirants to the dream Universities we have got you covered . Here are five study abroad platforms that are still making it happen for them:

ESS Global: ESS Global Private Limited is a consultancy firm that provides recruitment services for students who wish to study abroad. Incepted in 2013, the company focuses on recruiting students for study abroad across various destinations like Australia, Canada, Europe, New Zealand, etc., and partners with various prestigious universities & colleges in these locations. Headquartered in Chandigarh, ESS Global has a strong presence in the state of Punjab, which also happens to be its target market, and has branch offices in Jalandhar, Amritsar, Patiala, Ludhiana, and Bathinda. Its USP lies in the fact that it provides the right course selection for students planning to study abroad. It also offers in-depth information about visa filing processes for different countries and has a high success rate. The firm offers highly personalized services and is known for its expertise in dealing with student visas across Australia, Canada, and Europe.

University Living: Incepted in 2015, University Living is a global student housing marketplace. It helps students across the globe find suitable and secure accommodation near their university campuses. Students can consult with a 24/7 support team of accommodation experts to discover, compare and book value-for-money accommodation based on their budget, desired location, and other personal preferences. University Living is also focused on easing the entire student journey and making it a seamless experience through a host of value-added services that enhance our students’ experience. University Living’s Property Management System enables smooth business operations for the stakeholders. Their 200+ member strong team is constantly reinventing their services to better the user experience and digitally transform the overseas education journey. University Living caters to 300+ popular study-abroad cities and destinations, has 1.75 Million beds availability across all continents, and has 110+ nationalities.

Leverage Edu

Leverage Edu helps students figure what they should do and where they should be at – wherever that be in the world – to realize their full potential. It helps students navigate & assess their journey thus far, matches them to personalized mentors, counsels them towards their higher education dream with an employability lens, and makes sure that everyone punches way above their weight to make dreams come alive and truly be able to level up.

IDP consultancy-The company is an international education organization that offers student placement services across the globe.
The universities they cover are limited to Australia, the USA, the UK, New Zealand, Ireland, and Canada. IDP specializes in course advice, IELTS prep, pre-departure support, visa, accommodation, and health cover for students.

Edwise- Edwise’s core activity lies in assisting students to make the right choice with regard to pursuing education in overseas educational institutions.It provides information regarding higher education in various countries such as the UK, USA, Canada, Australia, New Zealand, Singapore, Ireland, France, Germany, Dubai, Switzerland, Malaysia, and many more.

Recruitment and IT Industries Host The Highest Demand For Freshers in India: foundit

Mumbai,26th May 2023: found it (formerly Monster APAC & ME), one of India’s leading talent platforms, today reported that the highest share of job postings for freshers was accounted for by the Recruitment/Staffing industry. Moreover, the demand for freshers has increased by 4% over the last six months.

Industry reports state that one in 10 graduates in India is unemployable due to a lack of industry-ready skills. Amidst current economic uncertainties and tech disruptions in the market, the need for freshers to upskill and tune their digital skills in line with the industry is more pertinent than ever.

Interestingly, an overwhelming majority of job postings for freshers across industries were for in-office roles (92%). While some industries continue to embrace remote and hybrid work models, there is a growing trend of more companies getting back to the office, embracing a pre-Covid normal. The remaining job postings were for hybrid (4.2% share) and work-from-home (3.8%) job roles.

Speaking on the need for skilling, Sekhar Garisa, CEO, foundit (previously Monster APAC & ME), said, “Improved initiatives for skill development in the educational system can close the employability gap in the Indian market. The L&D initiatives of India Inc. have also been crucial in bridging the skill gap among freshers. To provide career development support and offer skill-based certifications to entry-level professionals in India, we at foundit are launching the second edition of Aspire – our virtual career fair for freshers and young professionals from 31 May to 2 June 2023. The career fair will connect job seekers with top employers in India and bring together credentialed candidates for these employers.”

Aspire is a multi-faceted recruiting solutions platform by foundit in collaboration with Microsoft India for freshers and professionals with 0-2 years of work experience. It provides an opportunity for job seekers to interact with potential employers and explore opportunities across sectors such as IT, finance, marketing, human resources, and more.

Bengaluru emerges as the top location for fresher hiring with the highest salary packages

foundit data reflects that Bengaluru (12.4% share) hosts the highest share of job postings for freshers, followed by Mumbai (12.1% share). Notably, fresher hiring was highest in metropolitan cities in India. Delhi/NCR (9% share), Pune (8% share), Chennai (7% share), and Hyderabad (7% share) were along among the top locations hiring freshers.

Salary trends for freshers as per foundit

Location Average Fresher Salary (LPA)
Bangalore 5.06
Delhi/NCR 4.48
Mumbai 4.25
Kolkata 3.98
Chennai 4.43
Pune 4.02
Coimbatore 3.45

 

Across segments, the Recruitment/Staffing (22% share) industry held the highest demand share for entry-level professionals. Among the top 5 industries were also IT-Software, Software Services (19% share), BPO/ITES (10% share), Education (5% share), and Healthcare (4% share). Recruiters in Indian IT are particularly on the hunt for tech talent adept in skills related to cloud computing, data science, artificial intelligence, and cybersecurity. However, soft skills, communication, problem-solving abilities, and critical thinking abilities are also considered important.

Indian IT hosts maximum demand for interns

As per Zuno by foundit, a platform for quality paid internships, nearly a third of the total internship opportunities on the platform are for roles in the IT-Software, Software Services (35% share) industry. Considering the constant need for upskilling in Indian IT, internships have proven to be a rewarding learning opportunity for students to familiarize themselves with industry-ready skills. Other industries with a large number of internship postings include Recruitment, Staffing (13% share), Retail (8% share), Advertising, MR, PR (7%) share), and BFSI (5% share).

Across locations, the highest demand for interns was reflected in Delhi/NCR (31% share). This was followed by Bengaluru (16% share), Mumbai (12% share), Pune (9% share), Hyderabad (8% share), and Chennai (7% share).

Disney+ Hotstar releases School of Lies, starring Nimrat Kaur and directed by Avinash Arun Dhaware

Hotstar releases School of Lies

Mumbai, 25th May 2023: The walls of this boarding school echoes lies and conspiracies – Disney+ Hotstar drops the trailer of their upcoming mystery drama, School of Lies. Wrapped in the intense mystery of a missing child, this gritty thriller is headlined by Nimrat Kaur, Aamir Bashir, Geetika Vidya Ohlyan, Sonali Kulkarni and Jitendra Joshi. Inspired by true events and produced by BBC Studios, School of Lies is created by Ishani Banerjee and Avinash Arun Dhaware, directed by Avinash Arun Dhaware and will begin streaming on Disney+ Hotstar starting 2nd June 2023.

At RISE – the boarding school, when a 12-year-old Shakti goes missing, things start to spiral out of control, revealing the hidden skeletons in the closet of the boarding school. Will they unravel the mystery? Will they be able to find Shakti? School of Lies also stars Varin Roopani, Divyansh Dwivedi, Aryan Singh Ahlawat, Hemant Kher, Parthiv Shetty, Adrija Sinha and Aalekh Kapoor in pivotal roles. Tune in to Disney+ Hotstar to know more.

Sameer Gogate, General Manager, Production, BBC Studios India, said, “The School of Lies is an enthralling mystery inspired from a set of true events. The Show is set in a boarding school that is plagued by the disappearance of a young boy and exposes the systemic failures and the plight to unravel the truth, while showcasing the myriad of emotions and situations children face every day as they brace life. It brings to light the intricate lives of young students as they grow up, their families and the boarding school ecosystem. We are excited to continue our long-standing partnership with Disney+ Hotstar and super excited about this association with Avinash & Nimrat and the cast and crew who have been pivotal to this show.”

Nimrat Kaur, playing the character of Nandita Mehra, the school counselor in Disney+ Hotstar’s School of Lies said, “With the shoot of School of Lies, I learnt about the layered complexities of children and how they can reveal a new side to them every step of the way. This unique series, inspired by real life events, brings forth mind bogglingly unpredictable occurrences behind the closed gates of a fictional boarding school. Playing the highly complex role of a guidance counselor in this establishment with the dilemma of having to choose between the right and the necessary path of action in unprecedented life situations was not only tremendously rewarding but an experience that’ll forever be close to my heart.”

Creator and Director Avinash Arun Bhaware, “School of Lies is the story of a child’s loneliness, disconnect and repression. Also the story of a child’s freedom, magic and more. Every child, in a boarding school or otherwise, will go through these phases at some point or the other. In today’s world, children are much more sensitive and exposed. School of Lies is a story of the times we live in, and an attempt to look with empathy at all the forces within us that may liberate or destroy us.”

School of Lies is a drama thriller set in the fictional Dalton Town, surrounded by hills where a young 12-year-old boy goes missing from a private boarding school RISE, and the subsequent domino effect it causes as the truth is only as complex, as simple. A tale of shame, anger and grief, the narrative explores various stakeholders as the mystery unfolds- young boys on the cusp of adulthood, an aging teacher with a terrible secret, a distant counselor with a moral conflict and a panicking mother in denial. School of Lies is also the story of two young explorers as they discover life and magic. It all collides over 8 episodes to reveal a stunning secret.

~ Join the search for Shakti and get buckled up for the skeletons in the closet of RISE with School of Lies, streaming exclusively on Disney+ Hotstar from 2nd June 2023 onwards ~

*This programme is a work of fiction inspired by true events and is meant for entertainment purposes only. All characters, names of characters, places, and events depicted in this programme are purely fictitious.

The Hinduja Family Secures Top Spot for the fifth time on the Sunday Times Rich List

Mumbai,25th May 2023: The Hinduja family and Mr. Gopichand Hinduja, Co-Chairman of the Hinduja Group, a 108-year-old multinational conglomerate with a multi-billion dollar turnover, has topped the Sunday Times Rich List for the fifth time at £35 Billion. The Sunday Times Rich List compiles the net wealth rankings of the top 1,000 individuals or families residing in the United Kingdom, highlighting the wealthiest among them. This prestigious ranking is a testament to the Hinduja Groups remarkable achievements and outstanding success in the world of business.

The Hinduja family’s contributions across various sectors, including automotive, finance, energy, and healthcare, have not only redefined industry standards but also created a lasting impact on the global economy. Incidentally, the Sunday Times Rich List came out within hours of passing away of the Hinduja Group, Chairman, Mr SP Hinduja. Under the visionary leadership and strategic guidance of late Mr SP Hinduja, and Mr GP Hinduja, the Group has soared to unprecedented levels of success across diverse industries.

Mr. Gopichand

Expressing his gratitude for this remarkable achievement, Mr. Gopichand Hinduja remarked, “Me and my family are deeply grateful and humbled to have secured the top position on the prestigious Sunday Times Rich List. I love my brothers. We four are one soul. This recognition not only acknowledges our family’s relentless pursuit of excellence, it also serves as a testament to the collective efforts, unwavering dedication, and remarkable resilience demonstrated by every member of the Hinduja family and the exceptional talent within our organizations. ’’

Beyond the remarkable business accomplishments of the Hinduja Family, they remain actively engaged in philanthropic initiatives through the Hinduja Foundation. With a focus on education, healthcare, and community development, the foundation has positively impacted countless lives.

Among the other esteemed names featured on The Sunday Times Rich List are Sir Jim Ratcliffe with £29.688 billion, Sir Leonard Blavatnik with £28.625 billion, David and Simon Reuben and family with £24.399 billion, Sir James Dyson and family with £23 billion, Lakshmi Mittal and family with £16 billion, and the Weston family represented by Guy, George, Alannah, and Galen Weston.

Kottail Milano Eyes Retail Expansion Across India, To Open 40 New Stores In 2023

Kottail Milano Eyes Retail Expansion

PAN India,25th May 2023: Kottail Milano, a leading Indian clothing brand committed to providing the latest trends in fashion, is gearing up to expand its retail footprint across the country by opening 40 exclusive stores in 2023. The primary focus of the expansion will be tier 2 cities in northern Indian states like Rajasthan, Uttar Pradesh, and Uttarakhand.

Founded in November 2016 by Mr. Anil Bansal, the New Delhi-based Kottail Milano, has been a pioneer in fashion clothing with key products that include Shirts, Tshirts, Jeans, trousers, Formals, Suits, sweatshirts, Jackets, woolens, and other menswear products. Over the last few years, it has already established its presence in Delhi NCR, Rajasthan, Haryana, Punjab, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Bihar, Jammu & Kashmir, Uttarakhand and Jharkhand. In April & May 2023, Kottail Milano also opened new stores in Haldwani (Uttarakhand), Shamli (Uttar Pradesh), Jewar (Uttar Pradesh), Faridkot (Punjab), Neemuch (Madhya Pradesh), and Narela (New Delhi).

In fact, across the 7 years of its existence, Kottail Milano has succeeded in opening 100+ brand outlets, while attaining a turnover of INR 50 Crores. The clothing brand is also projected to generate a revenue worth INR 100 Crores for FY 2023-24. On the other hand, the new retail expansion plan targetted across the Indian tier 2 cities, is expected to help stamp its mark in the country even further, through its unique designs and contemporary apparel selections.

Mayank Bansal, Director at Kottail Milano, said, “We, at Kottail Milano, are very excited by the prospect of opening a total of around 50 new stores as part of our expansion policy. We have witnessed a tremendous level of traction in tier 2 cities and the planned retail expansion will be an important milestone in our objective of opening 500 stores in the next 3 years. The latest step will also help us navigate our way into newer categories like womenswear, kidswear, activewear, and footwear.”

Kottail Milano brings the latest fashion trends at unbeatable prices without ever compromising on quality. Their products range across casual wear, and formal wear, as well as an extensive collection that offers something for every taste and occasion. The New Delhi-based clothing brand is one that puts great emphasis on style and comfort in its designs, which are guaranteed to bring forth ultimate value for money.