Category business

Mumbai, 25th May 2023: NTPC has been bestowed with the prestigious ATD BEST Award. This international award was received by Shri D.K. Patel, Director (HR) at a ceremony held on 22nd May, 2023 at San Diego, CA, USA. The ATD BEST Award instituted by Association for Talent Development, USA (previously referred as American Society for Training) is considered as one of the most coveted and the highest level of award in the field of Learning and Development.

It recognizes organizations that practice talent development as a strategic business tool and demonstrate enterprise-wide success as a result of employee talent development. NTPC secured an overall 13th rank, thereby figuring amongst the top international level awardees consequent to a rigorous evaluation and assessment processes. It ranked best amongst Indian PSUs and is the only PSU to have won this award six times. This is so far the best performance by NTPC in an international award in the domain of HR.

The award is a testament to NTPCs outstanding Learning and Development practices and its relentless pursuit of excellence through innovative approach, adopting technology, setting benchmark and fostering a culture of continuous learning by investing and providing opportunities to its employees tailored to business imperatives and employee’s needs.

NTPC has been in the forefront in adopting and institutionalising progressive and best HR practices, which have also been recognised by various awards and accolades.

…

As we celebrate Environment Day, it’s an appropriatetime to renew our pledge for building a sustainable planet for our people with products as an enabler.Small sustainability changes can lead to big results.While clean energy is a critical goal, there are other ways that utilities can embed greener practices throughout their organizations, such as financial and administrative processes that can be reviewed and reimagined in more sustainable ways. One such area of opportunity is travel and expense (T&E) management, as it affects nearly every employee across an organization. Turning to cloud-based software to manage T&E — or further optimizing SaaScan help businesses create more sustainable processes and influence employees to recognize the environmental impact of their travel and purchases.

Here are three ways that digitized intelligent T&E processes can help move the needle on sustainability across utilities and energy companies:

Integration of Sustainability Metrics

The integration of sustainability metrics offers significant benefits to organizations, fostering a harmonious blend of purpose and profit. The integration of sustainability metrics brings forth numerous benefits for utility and energy companies committed to sustainability. By infusing these metrics into their operations, companies can gain valuable insights into their environmental and social impact. This enables them to identify areas for improvement, set meaningful sustainability goals, and track progress over time. Integration of sustainability metrics also fosters transparency and accountability, allowing companies to communicate their sustainability efforts effectively to stakeholders and the public.
Some sustainability metrics like Trees saved by taking a particular travel route, Greenhouse Gas (GHG) Emissions with transport types, recyclability Index, green procurement with vendor ratings,employee engagement index helps in identifying cost-saving opportunities and enhancing operational efficiency through optimized resource allocation in a purpose driven way. Ultimately, the integration of sustainability metrics empowers utility and energy companies help to drive positive change, strengthen their reputation, and contribute to a more sustainable future.

Paperless Expense Management

A paperless expense management system that takes care of itself and lets employees work on their business brings a plethora of benefits to organizations, aligning efficiency with sustainability. By digitizing expense processes, companies streamline workflows, saving valuable time and resources. Providing only needed touch points to create expense reports, to automate PDF receipt, credit card transaction, and invoice data ingestionand to compile travel itineraries can save employees and accounts payable (AP) staff time, save valuable efforts in post-facto reconciliation, data errors& hence better compliance to local tax regulations.

Measure success and find areas for improvement with data

Gamification of success KPIs and metrics is critical. By incorporating elements such as competition, rewards, challenges, and interactive experiences, gamification aims to make sustainability more enjoyable, accessible, and impactful.Robust tracking and analytics can help companies turn employee spending decisions into visibility and tangible measurement of sustainability actions. By adopting data driven decision making, companies can track progress, share results, and include these details in communications to employees, leaders, customers, regulators, and the greater community.

For example, with SAP Concur solutions, companies can observe monthly, quarterly, and annual data points on travel& spend patterns, by employee, department, route, green procurement vendors& act on it in responsible way. Infuse sustainability in your foundational fabric!

New Delhi,25th May 2023: In today’s fast-paced digital world, we spend an increasing amount of time working on laptops at home and office. Though the portable computing device may prove to be highly productive that allows you to work from anywhere, many recent surveys have also reported potential health issues due to poor ergonomics and bad sitting posture. A simple addition, such as an ergonomic laptop stand, can significantly help reduce known fatigue. Leading innovator in the digital and portable consumer electronics market, Portronics introduces the latest product in its ergonomic office solutions segment – My Buddy K9 Laptop Stand. Designed to revolutionise the way professionals work, this cutting-edge accessory offers unparalleled comfort, convenience, and productivity enhancement for laptop users.

Key features of the Portronics My Buddy K9 include:

360° Rotation: Featuring a 360-degree rotating base, that helps you easily turn around the laptop stand to any side of the desk.

Posture Correction: Owing long hours of sitting at a workstation can prove hazardous to your posture. Having the right elevation is the key here and My Buddy K9 does the job well.

Enhanced Comfort: Specifically designed to provide optimum comfort through its multiple adjustable elevation levels to give you the required comfort while working.

Better Compatibility: Compatible with laptops and tablets of any size (10” to 17”), work carefree without space and size issues.

Sturdy Carbon Steel Frame: A rugged, strong, and sturdy Carbon Steel body designed to support up to 510kg of weight.

Ventilated Design: Through the naturally ventilated base, your laptop gets better heat dissipation. And being fan-less too, you can work peacefully without any noise.

Anti-slip Silicone Pads: With specially designed anti-slip silicone pads that hold your tablet or laptop in place, you can now work seamlessly without the fear of it slipping or moving around.

The Portronics My Buddy K9 provides a sleek and versatile solution for home and office users by elevating the laptop and/or tablet to an optimal viewing and typing height. By promoting proper posture, reducing strain, and improving airflow, this stand creates an ergonomic workspace that maximises comfort and minimises the risk of musculoskeletal problems. With its minimalist aesthetic and premium finish, the My Buddy K9 seamlessly integrates into any modern office or home environment, complementing the user’s personal style.

Pricing and Availability:

The Portronics My Buddy K9 Laptop Stand is available in the market in two color variants Black and White an introductory price of INR 1,599 (MRP 3,499). Backed with 12-month warranty users can purchase this product from the company’s official website Portronics.com, Amazon.in, Flipkart.com, and other leading online and offline stores.

Mumbai, 25th May 2023: Despite the increasing number of fire accidents in high-rise buildings, the city is still looking for answers to fire safety and evacuation measures. Once again the city’s vertical development turned the spotlight on evacuation plans in high-rise buildings. Since the 1944 explosions, Mumbai has been a witness to some of the worst fire accidents. Whether it was the July 2014 fire of Lotus Business Park Andheri or the January 2023 fire at R A Residency Tower, the residents of Mumbai’s high-rise buildings have suffered from the loss of lives and assets.

The data states that Mumbai Fire Brigade (MFB) receives between 6000 and 7000 emergency calls in a year, of which nearly 90% were calls made for fire-related complaints. The manpower and equipment required to manage such rescue operations have become a challenge for the Fire Brigade Department. The main challenge for Firefighters to rescue people on time in high-rise buildings is carrying heavy-weight equipment. They have reported that only the first 50 meters of a ladder can be reached with ease. The usual 90-meter ladder can give access to the 30th floor, but as they go higher, the wind velocity makes it challenging. They do not have any option to ascend high-rises, the available Fire Chutes can only be used to come down and not to go up.

In a recent statement, Mr. Manjrekar, Chief Fire Officer of Mumbai, said, “The joint efforts of the citizens and the fire department can only make the city fire free. Looking at the fires in recent months in the city, specifically in the high rises need to have evacuation solutions in place. Accordingly, the ‘Fire evacuation lift’ concept was already implemented in 2018 after the approval of Honorable M.C.sir. This will help the self-evacuation of occupants as well as Firefighters in case of fire emergencies. An adequate evacuation solution and proper training can save millions of lives during fire accidents.”

Dr. Virkam Mehta, an Industry Expert, and MD of SPARTAN Fire Evacuation Lift said, “The fire evacuation lift is considered as a new PPE ‘public protection equipment’ that reaches on time to evacuate on time and thus saves lives and assets. These lifts are designed with well-advanced technologies like IoT. It helps firefighters to ascend high-rise buildings with heavy equipment to reach fire-affected floors faster and safer. It carries rapid evacuation of people of all ages and abilities. A dream city of many needs evacuation solutions for a safer and happy living, especially in high-rise buildings.”

The vertical evacuation solution ‘Fire Evacuation Lift’ for high-rise buildings was made mandatory by the Maharashtra Energy Department on 2oth July 2022 for buildings having heights of 70 meters or above.

Dr. Deepak Monga, Fire Safety and Evacuation Expert said, “Although we have a 90-meter ladder, firefighters can’t use this to reach 40th, 50th, or on higher floors because of the wind velocity and limited space. If we thought of using a staircase, then due to inhaling excessive carbon monoxide people die. The other available options, like fire chutes, are not practical for all ages or firefighters as they can’t use them to reach higher floors. Therefore, we need to understand the importance and need for a proper evacuation solution. The infra developers need to add the Fire Evacuation Lift in their plan to save people’s lives and assets. The Evacuation plan plays a pivotal role in fighting the fire.”

The Body Shop, the original ethical British beauty brand, is launching a new communication campaign in India, showcasing three remarkable female changemakers who embody the brand’s new signature, “changemaking beauty”. The campaign aims to celebrate and inspire everyone to believe in their own power to effect positive change in the world.

The campaign features three trailblazing women who have made significant impact in their respective fields: Shefali Shah, Indian Actor; Bala Devi, Forward, Indian Women’s Football and Anny Divya, the youngest female commander to fly a Boeing 777. In the powerful campaign film, the three women draw from their life experiences across diverse walks of life, united in their belief of the power of positive change. In their own way, the three women are inspiring beacons of self-expression, resilience, and self-love, all key emotional benefits that The Body Shop delivers as a brand.

The Body Shop is a truly unique brand and has been a trailblazer since its establishment by entrepreneur and activist Anita Roddick in 1976. The brand pioneered the philosophy that business can be a force for good and this ethos is encapsulated in its purpose ‘to exist to fight for a fairer and more beautiful world’.

Harmeet Singh, VP of Marketing E-commerce & Product, Asia South, The Body Shop, said, “At The Body Shop, everything we do is about creating positive change, for you, for communities and for our planet; and we are working continuously to make a positive systemic impact, across society, within the beauty culture and right into the corridors of power. With this new communication campaign in India, we are shedding light on how every individual can be a Changemaker in their own way.”

The campaign features a series of videos and social media posts, showcasing the stories and work of Shefali, Bala and Anny and featuring some of The Body Shop’s most loved products, such as iconic Edelweiss Daily Serum Concentrate. Harmeet Singh adds “We hope this campaign will inspire people in India to recognize their own power to make a difference. We are excited to showcase the beauty of change through the stories of these incredible women.”

The campaign will be launched on May 18th, 2023, and will run across all The Body Shop India stores and digital platforms. With this communication campaign, The Body Shop is taking a step towards further embracing Changemaking Beauty in a meaningful way. The brand is expanding its presence rapidly in India and has more than 200 stores in the market.

Mumbai — 25th May 2023: Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced that Orangewood Labs is using the 3DEXPERIENCE platform to help develop its robot technology and speed up the manufacturing process. Orangewood Labs can support its vision to democratize robots to create a more equitable and inclusive future, where the benefits of cutting-edge robotics technology are available to all. It aims to develop affordable, safe, and robust robotic arms that are ideal for use across manufacturing applications such as visual inspection, power coating, pick and place, packaging and more.

The 3DEXPERIENCE platform has been instrumental in creating accurate virtual models, simulating robot performance, improving safety and efficiency, and identifying potential issues early on. The platform offers Orangewood Labs a holistic, real-time vision of creating a new generation of robotic arms that are more affordable, flexible, and accessible than ever before. The 3DEXPERIENCE platform’s 3D modelling and virtual reality (VR) technology is playing an incremental role in efficiently communicating designs and ideas to customers and partners involved, resulting in more productive collaborations. The platform connects people, ideas, data, and solutions in a single collaborative environment, offering a real-time view of the activities through 3D modelling, virtual twin simulation, and information intelligence to augment project efficiency in key project areas like design, planning, budgeting, prototyping and execution.

.

The use of the 3DEXPERIENCE platform has resulted in speeding up the product development time by as much as 40%. Also, the accuracy of 3D models has helped to enhance the performance, safety and efficiency of the robots, thereby reducing the fabrication rework by around 70%. The simulation capabilities are aiding in the effective calculation of the reach of the robots, resulting in better decision-making and planning.

“The 3DEXPERIENCE platform enables Orangewood Labs to strengthen the robotics arms manufacturing process by ensuring faster development, reduced wastage, and performance efficiency. The platform will help streamline the manufacturing process and offer the required flexibility to deliver customized and connected robotics solutions,” said Deepak NG, Managing Director India, Dassault Systèmes. “We look forward to working with Orangewood Labs to develop accessible and affordable robotic technology solutions that can help them achieve their goals of creating a safer, more efficient and more productive world for all.”

“Robots are transforming industries and revolutionizing the way we work and live. By leveraging the power of automation, artificial intelligence, and collaborative technologies, we can unlock new levels of productivity, efficiency, and safety, while also creating new opportunities for growth and innovation,” said Abhinav Das, Chief Executive Officer, Orangewood Labs.

Orangewood Labs is a robotics startup focused on democratizing robots. The company offers robotics solutions to small and medium-sized enterprises (SMEs) and startups both in India and in the USA. Orangewood Labs aims to provide tailored robotic technology solutions to help address challenges like limited capital, skilled labor shortage, high cost of implementation, and safety concerns. The company’s goal is to help organizations harness the power of robotics to solve a wide range of problems across industry verticals like manufacturing, healthcare, and education. Orangewood Labs’ affordable robotic technology solutions aim to make a transformative impact on society, creating a more efficient, sustainable, and equitable world for everyone.

Dassault Systèmes’ 3DEXPERIENCE platform provides a collaborative virtual environment that empowers businesses and people to innovate in entirely new ways and create products and services using virtual twin experiences. The platform provides a real-time view of a business’ activity and ecosystem, connecting people, ideas, and data, allowing everyone involved to interact and work together. Businesses can seamlessly design and test new experiences, from idea to market delivery and usage, before actually producing them.

Mumbai, 25th May 2023: HDFC Bank, India’s largest private sector bank, has launched Future Bankers 2.0, a pan-India recruitment program to transform young graduates into banking professionals within one year*. To be offered in association with the Manipal Global Academy of BFSI, Future Bankers 2.0 is a one-year professional diploma that aims to create a robust, future-ready talent pipeline for HDFC Bank’s retail banking business – a key thrust area for the bank.

Future Bankers 2.0 offers an exciting mix of classroom sessions, guest lectures, group discussions, role plays, and field work. In addition to this, the programme provides eight months of paid internship and on-the-job training at HDFC Bank’s branch locations within the country to further strengthen a student’s grounding in banking products, processes, compliance framework, and day-to-day banking operations. Upon successful completion of the course, a student will get a Postgraduate Diploma in Sales & Relationship Banking from Manipal Academy of BFSI and an assured job opportunity as a personal banker at the grade of Deputy Manager with HDFC Bank. All the successful candidates will be offered an annual CTC up to Rs.5.59 lakh*.

“Future Bankers 2.0 gives a golden opportunity to postgraduates to start their careers at a certified Great Place to Work. The new hires will get to work with a banking industry leader imbibing in themselves best-in-class people practices and processes. Under Future Bankers 2.0, students will get an incredible opportunity to get practical training on the job at a competitive pay scale and ‘earn while they learn’. HDFC Bank is emotionally invested in mentoring new hires into responsible bankers of tomorrow. We reward competence and performance and give equal opportunity to all. Our continued association with the Manipal Global Academy of BFSI bears testimony to the quality of education offered by the institution and the success of Future Bankers,” said Vinay Razdan, Chief Human Resources Officer, HDFC Bank.

“We are delighted to partner with HDFC Bank through this long-term initiative to create a strong candidate pool who are skilled not only in banking but also in customer-facing roles. Future Bankers 2.0 is an equal opportunities programme that will give postgraduates an in-depth understanding of banking and its services through on-the-job training. The Manipal Academy of BFSI will focus on training them to be highly skilled, qualified executives and ensure that the services provided by them across the bank branch networks remain consistent with the highest service quality standards. We are excited to shape young futures and provide the banking industry with trained quality personnel through this long-standing association with HDFC Bank,” said Robin Bhowmik, Chief Business Officer, Manipal Global.

New Delhi, 25th May 2023 Setting a benchmark in the industry, Haier the global leader in Home Appliances has been honored as the No.1 brand in two categories globally, at the Appliance & Electronics World Expo-AWE 2023 by Euromonitor International. Positioned as the world’s leading brand for ‘Connected Air Conditioners’ and the ‘Self-Clean Air Conditioners’, Haier secured a market share of 30% and 37% in 2022, respectively. Continuing to be at the top solidifies the brand’s position as the leader in providing innovative and technology-driven air conditioning solutions to customers across the globe.

Commenting on the achievement, Mr. Satish NS, President, Haier India said, “We are immensely proud to be recognized as the No.1 brand in multiple categories by Euromonitor at AWE 2023. This achievement reflects Haier’s unwavering commitment to innovation, quality, and customer satisfaction. Going forward, we will continue with our endeavor to provide cutting-edge, healthy, and smart air solutions to our valued customers in India and reinforce our position as a leader in the air conditioning industry. We will remain steadfast in our mission to provide professional, healthy, and smart air solutions that enhance the lives of consumers around the world.”

With the increasing awareness on the importance of air quality, consumers across the world are opting for air conditioners that provide clean, healthily, and fresh air. Complementing the global growth and in tandem with the increased demand for air conditioners in the Indian market, Haier India’s commitment to manufacture innovative products has remained at the core of the business, and the brand has constantly evolved to meet consumer needs.

Haier was the first company in India to introduce the frost self-cleaning air conditioners and since then, the company holds a strong market share in the inverter split air conditioner segment. Today, Haier India has been strengthening its focus on producing premium and high-end products through its state-of-the-art manufacturing facilities in Greater Noida and Pune.

Mumbai,25th May 2023: CMS Info Systems Limited, India’s leading business services company offering banking logistics and technology services, announces its annual and fourth quarter FY23 financial results today.

FY23 Highlights:

The company achieved revenue of INR 1,915 crore, 20% growth YoY, while the operating profit (EBITDA) grew 36% from INR 408 crore to INR 552 crore in FY23.

Q4 FY23 Highlights:

The company achieved revenue of INR 501 crore, 13% growth over the same quarter last year, while the operating profit (EBITDA) grew 25% from INR 140 crore to INR 149 crore in the quarter.

Cash Logistics Business Highlights:

• Highest ever currency throughput at INR 12.7 Lakh Crore in FY23, 16% growth YoY
• 11% YoY growth in total business commerce points for ATM and Retail (124,000 as of Mar’23)
• 16% YoY growth in critical service activities in FY23

Managed Services & Technology Business Highlights:

• Managed Services business orderbook expands by INR 950 Crore in FY23
• ATMs under Managed Services grown to 17,500 in Mar’23, 50% growth YoY
• Achieved #1 market position in AIoT Remote Monitoring in banking with 21,000+ live sites
• Technology Solutions ALGO MVS & ALGO OTC, today cover 25% and 30% ATMs respectively in India

Commenting on the performance of the Company, Mr. Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO, CMS Info Systems said, “We continue to deliver high growth and earnings. Our FY23 PAT has grown by 33% and we have also crossed a milestone with revenues of Rs. 500 Cr in the last quarter. With robust growth in credit, banks are now investing in expanding and capturing a wider deposit share by deepening their geographical presence. In addition, the formalization of the economy and consumption increase in both metro and rural areas, along with our strong order book, positions us well for continuing to deliver to our target of doubling revenues from FY21 to FY25.”

Results for the quarter ended March 31, 2023 and of full year 2023 are prepared under Ind AS, along with segment results, are available in the Investor Relations section of our website www.cms.com.

India, 25th MayAir   India has introduced a new digital customer support application on its website under the ‘Contact Support’ section to enhance and improve the customer experience. This is in line with Air India’s five-year transformation programme, Vihaan.AI, which aims to provide a seamless, convenient, and best-in-class service delivery to its customers.

Customer support plays a crucial role in the customer’s journey, both before and after the flight. The transition to this new customer support portal is a significant step in the Airline’s journey to deliver an elevated customer support experience through a single integrated web-based system. The new system enables customers to seek personalised information, request services, share feedback and raise grievances, seamlessly.

In the new system, customer queries are automatically routed to dedicated customer service teams with subject matter expertise to respond in a timely manner. This greatly enhances the quality of resolution and response time. This is also in sync with the inclusive vision of seamless customer experience that Air India is committed to offer as part of its transformation journey.

Commenting on the launch, Mr. Rajesh Dogra, Air India’s Chief Customer Experience and Ground Handling Officer, said, “We are deeply committed to offer best-in-class experience to our customers. Introduction of this portal is a significant step towards strengthening our consumer support ecosystem. Customers can now simply log on to our website and raise their request or share feedback from a single touchpoint as against the legacy email-based support system. The new system also enables real-time tracking of the service requests which we believe will enormously enhance the customer interface experience with Air India. This initiative is another step, pivoting towards customer centricity as a main stay of our transformation journey”.

During the initial phase of the launch, customers have started experiencing the benefits of the portal, with a more efficient turnaround time and expedited resolution. The portal is designed to be intuitive and hosts several self-serve options making it user-friendly.

Some important benefits of the portal are as under:

Accurate collection of essential information: The new customer service portal automatically prompts the customer for specific information efficiently, and enables customers to access tailored data, request services and raise concerns directly on the website.

Intuitive classification system: The user-friendly classification system let customers choose from five categories—Baggage, Flying Returns, Refunds, Compliments and Suggestions, and Others (Query, Request, Feedback). On submission, the customers receive a unique case identification number, allowing them to track the progress of their case in real-time.

Track the status of any request: This one-of-its-kind, industry-leading feature equips customers with a unique case ID and enables them to track the real-time status of their case online, making the process very transparent and convenient.

Integrated FAQs: An intelligent FAQs section, tailored to customer needs at each step of the process, further adds to the portal’s ease of use.