Archives June 2023

Bengaluru,5th June 2023  Provident Housing, a leading real estate developer committed to sustainability, kickstarted its 1 tree per home commitment with a mass plantation drive at an upcoming project site in Bagalur, Bengaluru. Over the next month, such drives will be held across 4 more of its projects, where 10% of the committed number of trees would be planted. The campaign will coincide with World Environment Day, observed on June 5.

Under the 1 Tree per Home initiative, the company offers every Provident community resident family a tree within the campus. The campaign emphasizes Provident’s commitment to environmental conservation and sustainable practices. The month-long campaign will witness the planting of trees at various project sites, 4 of which are located in Bengaluru and the 5th in Kochi.

The campaign commenced on Sunday at Provident’s upcoming project site located in Bagalur. Noted 13-year-old ornithology expert Krish Anand participated in the event and also delivered a talk. Provident Housing will organise four more tree-planting events for one month on June 11th, 18th, 25th, and July 2nd. These events will be held at project sites that comprise of nearly 5,000 units. By earmarking space and planting 10% of the committed trees during the month, Provident Housing ensures a green and sustainable future for its customers.

To align with the local ecosystem, Provident Housing emphasizes planting local tree species such as Jackfruit, Gulmohar, Wood Apple, Neem, Guava, Mango, and others at each project site. By carefully selecting these trees, Provident Housing aims to foster their growth into robust and resilient entities by the time customers move into their new homes. The trees will also help create an ecosystem by attracting birds, bees, and butterflies.

Social impact organization Hasiru Dala (Green Force) also participated in the campaign. Its representatives will be present across Provident project sites to provide solutions for community members to dispose of plastic waste sustainably.

Mr. Mallanna Sasalu, the COO of Provident Housing, affirmed the company’s commitment to environmental stewardship, stating, “We believe in the saying ‘No tree, no life.’ At Provident, we commit to providing ‘1 tree per home’ to ensure sustainable development and a healthy future for all our customers. We have kickstarted a month-long campaign to prepare our projects for this commitment by planting local trees on-site. Green cover greatly enhances the quality of living as it improves air quality, absorbs noise, and avoids the creation of heat islands.”

LIC Of India is deeply saddened by the tragic train accident in Balasore, Odisha on 02.06.2023.LIC Of India is committed to supporting those affected and will expedite claim settlements to provide financial relief. Shri Siddhartha Mohanty, Chairperson LIC expressed grief and said that our hearts go out to the victims and their families.

Shri. Siddhartha Mohanty, Chairperson, LIC, announced many concessions to mitigate the hardships of the claimants of LIC Policies and also of Pradhan Mantri Jeevan Jyoti Bima Yojana. In lieu of registered death certificates, a list of casualties published by Railway Authorities, Police or any State or Central Government Authorities will be accepted as proof of death. Special Help Desk has been set up at Divisional and Branch levels to respond to claim-related queries and for providing assistance to claimants.

New Delhi, 5th June 2023 – The All India Council for Technical Education (AICTE) launched Bharath Cycle Design Challenge (BCDC) . This initiative aligns with World Bicycle Day and aims to raise awareness about the importance of physical activity for human well-being and the environment.

The Bharath Cycle Design Challenge ( BCDC ) seeks to foster innovation and creativity in Cycle design and manufacturing. By promoting sustainable transportation and addressing the specific challenges faced by different groups of people in India, the competition aims to generate solutions that contribute to a greener and healthier society. Participants are invited to design affordable, eco-friendly cycles tailored to the needs of the Indian market.

Key Initiatives of the Bharath Cycle Design Challenge (BCDC) include:

Open to Teams: The competition welcomes participation from interdisciplinary or multidisciplinary teams. Participants are encouraged to collaborate with industry partners and experts to enhance their designs.

Commute & Cargo Cycle Themes: The competition revolves around two main themes, namely Commute Cycle and Cargo Cycle, each having subcategories of EV/Non-EV.

Four-Stage Workflow: The competition follows a four-stage process, comprising Concept Development (June 3 – July 15), Prototyping (August 1 to August 31), Testing and Evaluation (September 1 – September 30), and the Grand Finale, where prototypes will be showcased on the occasion of Gandhi Jayanti on October 2 at New Delhi

Focus on Sustainability, Ergonomics, Aesthetics, and Maintainability: The event will prioritize the sustainability, ergonomics, aesthetics, and maintainability aspects of rickshaws/bicycles, with subcategories of EV/Non-EV.

Additional details and the calendar of events are available on the AICTE homepage: www.aicte-india.org

India 5th June 2023: The Times Higher Education Impact ranking awarded Manipal Academy of Higher Education (MAHE) 4th rank worldwide for Gender Equality which is a validation for MAHE’s commitment towards gender parity, inclusive and equal educational environment and opportunity. It further also recognized MAHE in the worldwide quality Education category and was awarded 25th position worldwide.

The 5th edition of the 2023 Impact Rankings includes 1,591 universities from 112 countries/ regions.

India ranks highest for SDG 5—gender equality—among the individual SDGs, with Manipal Academy of Higher Education coming in at number four. Gender equality assesses a university’s dedication to hiring and promoting women, its policy on gender equality, and its research on the subject. Women and girls have equal access to education at Manipal Academy of Higher Education due to its commitment to gender equality. MAHE fosters research on topics addressing gender equality in addition to supporting equal educational opportunities and a safe campus for women and girls.

SDG 4 – quality education measures universities’ contribution to early years and lifelong learning, their pedagogy research, and their commitment to inclusive education. The list includes 1,304 universities from 109 countries/regions. Making a student independent is the goal of professional education at MAHE.

Dr Ranjan R Pai, President, MAHE Trust & Chairman Manipal Education & Medical Group (MEMG) said “MAHE would like to express its sincere gratitude to all stakeholders, including outstanding students, alumni, teachers, and staff, for their contributions and unwavering support to this noteworthy accomplishment. Being ranked #4 for gender equality makes us proud. To further the cause of gender equality, I would like to support the teams at MAHE who are working on a variety of policies supporting women’s access schemes and monitoring measures, maternity policies, and policies of non-discrimination against women, among other things.”

Commenting on the spectacular achievement, Lt. Gen. (Dr.) M. D. Venkatesh, Vice-Chancellor, MAHE, said “We are delighted at this recognition that fills us with immense pride and joy! Manipal Academy of Higher Education (MAHE), Manipal has achieved remarkable success in Time Higher Education Impact global rankings 2023 based on the UN Sustainable Developmental Goals. We have secured 4th rank Globally in SDG-5 Gender Equality and 25th rank globally in SDG-4. This is a result of the sustained efforts of all members of ‘Team MAHE’. MAHE has always been focused on Quality Education and Gender Equality in line with the vision of our founder Dr T.M.A Pai.”

Dr HS Ballal, Pro Chancellor, MAHE, says “We at MAHE are thrilled to celebrate this recognition of obtaining the position of top-ranked private university in India as per the 5th edition of Times Higher Education (THE) Impact Rankings 2023. We shall always strive for excellence and the pinnacle of performance. We hope to hold on to the position with the diligent work of the faculty and students.”

Shri Ashwani Kumar assumed the office of Managing Director and Chief Executive Officer of UCO Bank on 01.06.2023. Prior to joining UCO Bank as MD & CEO, he was the Executive Director of Indian Bank.

Shri Ashwani Kumar is a Chartered Accountant, Post Graduate in Commerce, and also a certified member of the Indian Institute of Banking and Finance. He has more than two decades of rich experience in banking.

Shri Ashwani Kumar rose through the ranks serving in various Public Sector Banks such as Bank of Baroda, Corporation Bank, Oriental Bank of Commerce, Punjab National Bank, and Indian Bank. His experience includes the Wholesale Banking Division and Head of several Branches including Industrial Finance Branches and Large Corporate Branches. As a General Manager, he was heading Mid Corporate and Large Corporate verticals. He has served as a Zonal Manager, heading various Zones, and also as the Chief Financial Officer (CFO).

As an avid learner, he has attended various training programs in premier institutes in India and abroad including IIM and CAFRAL. He has also completed the Leadership Development Programme of IIM Bangalore, curated by the Banks Board Bureau in consultation with IBA and Egon Zehnder International Pvt. Ltd.

 By Mr. Manish Bandlish, Managing Director, Mother Dairy Fruit & Vegetable Pvt. Ltd.

“On the occasion of World Environment Day, we remain committed to incorporate sustainable practices across our entire value chain. In our procurement operations, we are harnessing solar energy to power milk collection units at our milk pooling points in around 5,500 villages generating around 0.7 giga watt hours/year. In addition, we have installed solar plants at four of our processing facilities which have assisted us in generating over 9 lakh solar units alone in the last fiscal. As we progress, we are in the process of installing a solar plant at our facility in Bhiwandi, Maharashtra. We have also installed rainwater harvesting pits across all our processing/manufacturing locations. Moreover, our water recycling plants at Patparganj and Pilkhuwa plants, with a capacity of 6 lakh litres per day, have further assisted us in using water judiciously.

At the consumer level, our Token Milk assists us in preventing the generation of over 700MT of plastic per year. Besides, we have switched from plastic spoons & plastic straws to eco-friendly alternatives and are using clean fuel-based vehicles in our distribution fleet. We are also amongst the leading dairy companies to voluntarily undertake Extended Producer Responsibility (EPR) program for plastic waste management beginning 2018. Currently the program is running across 27 states and so far we have collected and recycled/co-processed approx. 19,000MT of post-consumer used plastic waste till March 2023. With continuous execution of the EPR program, we are on track to become a plastic waste neutral company in FY24. At Mother Dairy, we are proud of the fact that sustainability is deeply embedded in our ethos, and we will continuously strive to imbibe responsible business practices wherever possible.”

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Thrissur: ESAF Small Finance Bank, one of the leading small finance banks in India, has crossed another milestone in its digital journey with the successful adoption of e-signature for microloan disbursals. As on March 31, 2023 (Fiscal Year 2022-23), ESAF Bank has disbursed over 5.27 lakh loans through e-signatures, showcasing ESAF Bank’s commitment to digital transformation. As per various online reports, approximately 10,000 trees are required to produce one tonne of paper. Through the adoption of e-signatures, ESAF Bank has effectively saved reams of paper, which would have been utilized for the purpose of loan disbursement, and documentation involving handwritten signatures, thereby reducing deforestation. Moreover, water productivity associated with paper production is notable, with 2,700 liters of water required to manufacture one tonne of paper. By reducing paper dependency, ESAF Bank has conserved a large quantity of water that would have been required for producing the paper.

ESAF Bank currently has a customer base of 65 lakh customers and a transition of 60% of its micro banking customers to using e-signatures, approximately 25 lakh micro banking loans, would have a positive impact on the environment through conservation of natural resources and reduction of carbon footprint. This initiative is in furtherance to the triple bottom line of ESAF Bank, especially when the relevance of environmental concerns is more visible with each passing year.

Commenting on the development, Kadambelil Paul Thomas, Managing Director and Chief Executive Officer, of ESAF Bank, said, “Our social business strategy is all about the 3 Ps – People, Planet and Prosperity. We are committed to reflecting the same in our processes and products. We have been implementing digital onboarding of our micro-banking customers through tabs. We aim to care for the future and are focused on building a culture that cares for a better tomorrow. I believe that the digitalization effort was a transition of our philosophy into practice.” He also added that the transition to e-signatures has improved productivity from an employee perspective and convenience from a customer perspective.

The Bank has also implemented solutions to automate and digitize internal processes. It has implemented an office automation tool that automates and digitizes all internal office notes sent for approval. Further, the Branch Operations department has devised a process to discontinue the printing of eight mandatory reports at branch locations. This measure saves thousands of sheets of paper per day across ESAF Bank’s extensive network of 700 branches. Additionally, the HR department of the bank has adopted digitization for e-on-boarding and Performance Management System (PMS) and has partnered with a technology company as well.

ESAF Bank has its corporate office Thrissur in Kerala. As of March 31, 2023, ESAF Bank has 700 branches, 777 customer service centers (which are operated by our business correspondents), 20 business correspondents, 2,023 banking agents, 481 business facilitators, and 528 ATMs.

5th June 2023  India’s homegrown Paytm Payments Bank Limited (PPBL) has launched the Paytm Summer Carnival through which users can win assured cashback on making select payments via Paytm UPI on the Paytm Super App from May 31-June 8. To win rewards, Paytm users need to make qualifying Paytm UPI transactions and collect stickers during the offer period.

Paytm Cashback Summer Special is an engaging, nostalgia-inducing summer-themed game that allows users to relish their summer moments by using Paytm UPI. To participate, users can pay via Paytm UPI by scanning & paying at shops, making household bill payments on Paytm App such as Electricity, Cable TV, DTH, Water, Rent, Gas, prepaid and postpaid mobile recharges, and adding money to Paytm Wallet. Users can win assured cashback upon collecting a set of stickers.

Paytm Payments Bank is the leader in UPI payments with the highest market share in merchant payments as the largest acquiring bank. It has remained the top UPI beneficiary bank for 22 months in a row, along with being one of the leading remitter banks.

Paytm Payments Bank Spokesperson said, “We continue to empower our users with superfast payments with Paytm UPI. With our successful Paytm UPI Lite feature which enables lightning-fast payments that never fail, we continue to promote greater mobile payments accessibility. Through the Paytm Cashback Summer Special, users get an opportunity to relish their summer moments and win guaranteed cashback upon making payments with Paytm UPI. The game is already a huge hit with an average of 12,000 stickers being issued every minute.”

New Delhi,5th June 2023FIITJEE is committed to each & every student and believes in handholding them in the entire journey to success and meeting their desired goals. FIITJEE knows exactly what it takes to get students closer to their academic goals. And the biggest proof is FIITJEE’s YOY consistently excellent results, which validate its dominance. FIITJEE Students have captured 5 in Top 20 and 25 in Top 100 All India Ranks in JEE Main 2023.

India’s premier coaching institute FIITJEE is conducting FIITJEE Talent Reward Exams on 11th June 2023 for class XII Pass Students aspiring for JEE Main & JEE Advanced 2024.

The exam will be conducted through both offline as well as online mode.

Preparing well for JEE is one thing but transforming knowledge & skills into success on the JEE day is another. Many students are not able to adopt and develop the right approach and proper examination temperament as they do not have the right feedback and training on their preparation.

Based on their FTRE performance, Students will get their Rank Potential Index (RPI) for JEE Main & JEE Advanced along with a deeper insight into what they need to do to reach their full potential. RPI is a crucial diagnostic tool that will help students know where they are compared to their peers & how they can bridge the gap between their current level of preparation and that required for success in JEE with full exploitation of their potential. Based on feedback and analytics of their answers marked in FTRE, Students will be able to plug loopholes and perform at their optimum level on the JEE Main & JEE Advanced day.

Students who are not satisfied with their performance in JEE Main Exam 2023 would like to know what went wrong in their performance and how they can improve. JEE marks do not give any analysis, which can help them in their future preparation. Also, there are other students who are still in dilemma for preparing for JEE Main & Advanced 2024, since they lack real feedback and analysis about their current level of preparedness and need for the guidance of experts thatcan tremendously help them reach their full potential.

It’s important for such students not to quit and grab the chance of doing well in JEE Main & Advanced 2024.

Keeping in consideration the needs of all such students, FIITJEE with its vast experience and expertise has designed the ‘FIITJEE Talent Reward Exam’ (FTRE) – a ‘Must’ attend platform for students to acquaint them with their true standing at the National level and their First step towards success in JEE Main & Advanced 2024.

The “FIITJEE Talent Reward Exam” (FTRE), helps test the potential of students for IITs and other engineering entrance examinations and offers the best guidance to students to nurture their potential to its highest level.

“It is a great accomplishment to clear IIT JEE successfully. However, those students who have not been so fortunate in realizing their dreams of securing marks as per their true potential in JEE Main 2023 or could not qualify, should not let this fear of failure cloud their minds with doubts. FIITJEE Talent Reward Exam has been designed with the intention to help students understand their current preparedness, gaps needed to fill to exploit their full potential and fulfill their ultimate dream of joining the prestigious engineering colleges/IITs,” says Mr. R. L Trikha, Director, FIITJEE.

The last date to register for FTRE is 9th June 2023. Students can register for FTRE through online and offline modes.

Online Registration Mode: Registration can be done through www.fiitjee-ftre.com

For Registration through Mobile, please visit www.fiitjee-ftre.com/mobile

Paper Registration Mode – Registration can be done by filling the Registration Form and submitting it along with a unique ID (Aadhar card or proof of date of birth) at the nearest FIITJEE Centre.
The registration fee for the exam is Rs. 500/- (including GST)

Mumbai,5th June 2023 The National Commission for Women (NCW) in collaboration with the Entrepreneurship Development Institute of India (EDII) has announced the launch of 100 Entrepreneurship Awareness Programmes (EAPs) for potential women entrepreneurs across the country. The first EAP out of the 100 to be organized across the country, was launched in Ujjain on Friday, by Chief Guest, Shri Mangubhai Patel, Hon’ble Governor of Madhya Pradesh, and Guest of Honour, Dr MunjparaMahendrabhai, Hon’ble Minister of State, Ministry of Women and Child Development, GoI, in the presence of dignitaries including Smt. Rekha Sharma, Chairperson, NCW; Dr. Sunil Shukla, Director General, EDII; and Smt. Meenakshi Negi, Member Secretary, NCW.

The aim of the one-day EAP is to orient participating women to the benefits of adopting entrepreneurship as a career, learn finer skills, and overcome social, economic, and familial barriers to becoming entrepreneurs. The EAPs are aimed at developing entrepreneurial skills among women so that they could gain knowledge, skills and motivation to build their own businesses.

Speaking about the EAP, the Hon’ble Governor of MP, Shri Mangubhai Patel, said, “India is moving ahead with the vision of ‘SabkaSaathSabkaVikas’. Development under women-led leadership is coming up big way and is getting accepted and recognised. Women associated with the Self Help Groups are moving forward significantly. They are showing confidence of speaking about their success, their enterprises and their future plans. Women have progressed phenomenally under the initiatives implemented by the country under the leadership of the Hon’ble Prime Minister of the country. Rural areas have especially progressed with subsidies to women to set up enterprises. Under Pradhan MantriKaushalVikasYojana, training and development opportunities have opened up for women. I congratulate National Commission for Women and Entrepreneurship Development Institute of India for this extraordinary initiative towards women empowerment through entrepreneurship.”

Emphasizing the need for a conducive environment for women entrepreneurs, Dr.Munjpara, said, “We have been working towards taking forward India’s women-led development agenda by accelerating women’s leadership and empowerment in public as well as private sector. Women who are the backbone of our society play a pivotal role in shaping our future. Empowering them is not only our moral responsibility but also a necessary condition for sustainable development. This collaboration between National Commission for Women and the Entrepreneurship Development Institute of India will help build capacity of women entrepreneurs and also sensitize relevant stakeholders.”

Smt. Rekha Sharma said, “Women although are a critical part of society, still lag behind when it comes to economic empowerment and independence. Women need to be encouraged to become economically empowered. India has a conducive ecosystem to support women entrepreneurship. Given this, women are getting motivated to set up their MSMEs. Women entrepreneurs extend job opportunities to other women, and that is the need of the hour. Women need to speak about their success, network and step forth. I am sure with the support of Entrepreneurship Development Institute of India (EDII), all of this will be possible. If institutions like EDII handhold us in our endeavour, we will sure succeed.”

Speaking about the collaboration, Dr Sunil Shukla, said, “Over the last ten years, India has noticeably progressed and that has been possible only because the women populace of the country has been encouraged to become financially independent. I am happy to announce that NCW and EDII have collaborated to promote women entrepreneurship. This will strengthen the country immensely.”