Uncategorized - Business News Week

Metta Social welcomes Jatinder Singh Ahuja as Chief Business Impact Officer

Oct 5, 2022 by Rabindra 0 Comments

Pune, India. Metta Social, an impact-driven platform enabling social purpose organizations to get global visibility, welcomes Jatinder as its Chief Business Impact Officer. Jatinder was the VP CBE and Director CBE at Amdocs, the Chief Growth Officer and Advisor at Dot lines, and the MD at eServGlobal India and Soma Networks. He brings 30+ years of experience to Metta Social.

“Jatinder has an impressive track record of building businesses,” said Iftekhar Pathan, Chief Strategic Impact Partnerships at Metta Social. “With his extensive knowledge, experience, and business acumen, we believe that Jatinder will help us position ourselves as the platform for creating a better tomorrow.”

While at his previous organizations, Jatinder built efficient, scalable teams and business processes. With his enthusiasm, he has developed meaningful relationships with diverse stakeholders from across industries.

“I am beyond excited to be a part of this wonderful company and look forward to taking this opportunity to garner exponential growth. I like where Metta Social is headed and believe there are massive opportunities ahead,” said Jatinder.

At Metta Social, Jatinder will be leading the partnership team to generate funds for social impact and work to chalk out a growth strategy for the company.

Honda Motorcycle & Scooter India becomes First choice of 20 Lac families in West Bengal

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Honda Motorcycle and Scooter India enters festive season on a high, registers 518,559-unit sales in Sep’22

Oct 4, 2022 by Rabindra 0 Comments

Gurugram, October 04, 2022: Registering sequential growth on the back of festive momentum along with a strong fiscal year performance, Honda Motorcycle and Scooter India (HMSI) today announced its sales numbers for the month of September 2022.

The company’s total dispatches for the month stood at 518,559 units (including 488,924 units in domestic and 29,635 exports) as compared to 481,908 units in September’21 (including 463,683 domestic sales & 18,225 exports).

Parallelly, making a significant contribution towards two-wheeler industry volumes along with year-on-year momentum, HMSI registered a 35% growth with 25,22,552 units for the period April-September’22.

Commenting on the company’s positive momentum in the run-up to the festivities, Mr. Atsushi Ogata, Managing Director, President & CEO, Honda Motorcycle & Scooter India said, “The auto-industry registered a strong demand force in the 2nd quarter as this momentum continues to rise with the on-going festival celebration. All our dealerships are witnessing a visible rise in physical walk-ins as well as customer enquiries. With an exciting range of model line-ups across segments to choose from, we are all set to delight our customers this festive season.”

Key Highlights of September 2022:

Ø Corporate: HMSI inaugurated its new Zonal office in Kochi – one of the biggest two-wheeler demand centres of Kerala. The all-new Kochi Zonal Office is HMSI’s first zonal office in the state and its 24th zonal office in India.

Ø Product: Honda BigWing flagged off the next edition of SunChasers: ‘A Higher Chase’ in Leh (Ladakh) on the stylish and sporty Honda CB350. Parallel, the company also unveiled new brand campaigns titled ‘Scooter Bole Toh Activa’ and ‘Desh Ki Shine, Honda Ki Shine’ for its top-selling two-wheeler models, Activa & Shine respectively.

Ø Business Milestone: Winning the love & trust of its customers rapidly over the years in the eastern state of Jharkhand, HMSI announced that its cumulative two-wheeler sales have now crossed the monumental 10 lac units mark in the state.

Ø HMSI Network Expansion: HMSI expanded its RedWing network with new dealerships in Rampur (Uttar Pradesh), Mohali (Punjab) and Nalbari (Assam). Parallelly, in the premium segment, the company expanded its BigWing network with new Honda BigWing outlets in Agra (Uttar Pradesh), Jorhat (Assam) and Gaya (Bihar).

Ø Road Safety: HMSI organized awareness camps in Panchkula (Haryana), Udaipur (Rajasthan), Kashipur (Uttarakhand), Angul (Odisha), Kharagpur (West Bengal) and Kanpur (Uttar Pradesh). The company also celebrated the 3rd anniversary of its Safety Driving Education Centre (SDEC) in Vijayawada (Andhra Pradesh) and Kozhikode (Kerala).

Ø Corporate Social Responsibility: Committed towards making India a healthier nation, Honda India Foundation’s announced that its Mobile Medical Units Initiative has improved access to quality healthcare of more than 6 lakh people of Karnataka, Haryana, Uttar Pradesh, Rajasthan, and Gujarat.

Ø Motorsports: 2022 Indian National Motorcycle Racing Championship round 4 concluded with the IDEMITSU Honda SK69 racing team’s Rajiv Sethu grabbing 2nd position in the Pro-Stock 165cc category on both days, ending the national championship with a double podium. At the international level, Marc Marquez took an encouraging 4th place finish in the Grand Prix of Japan.

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Toprankers’ Students Ace CUET with flying colors

Oct 4, 2022 by Rabindra 0 Comments

New Delhi 4trh October 2022: Over 50 students from Toprankers -a leading digital platform for promising careers have delivered exceptional results, achieving the highest ranks with 100 percentile in the CUET 2022. Some achievers include Devesh Jain Baid from Jaipur, Avni Goyal from Noida, and Sneha Jha from Delhi among others coming from all parts of the country.

Sharing his delight in the success of students, Gaurav Goel, CEO and Co-founder of Toprankers said,” I am proud of our students who have demonstrated exceptional performance across the various domains of the exam. Their success can be attributed to a combination of their hard work and our strategic curriculum. I am ecstatic that their performance and spirits have inspired us to continue our mission to offer an unprecedented learning experience to all.”

Palak from Delhi and one of the students who aced the CUET exam, said, ”I am really grateful to be a part of Supergrads by Toprankers. My experience was fabulous as each faculty member is extremely supportive. Toprankers has helped and supported every student throughout the journey of preparation till the exam. Their ability to make the topics understandable to students through the use of videos is outstanding. Besides that, mock tests, practice sessions, test explanation sessions have helped me alot in achieving what I always wanted. I will always be grateful for the support and guidance that Toprankers has bestowed upon me.”

The Common University Entrance Test(CUET) comes as a game changer in the Indian higher education landscape that opens the door of admissions into more than 100 universities in India including 45 central universities.

The entrance test is conducted by the National Testing Agency(NTA) and offers a level playing field and a fair chance to students after 12th to get admission into their preferred university in India. CUET has also put an end to the chaos of cut-off for universities and students for the UG admission process. In its maiden year CUET has been the talk of the town with the student and academic fraternity anticipating the exam, it’s difficulty level and how to prepare for CUET.

The unprecedented performance of Toprankers’ students in the exam with 50+ students acing the exam with 100 percentile and over 200 more students acing their respective subjects like English, legal studies, Physics, Chemistry, mathematics etc. has cemented the platform’s position as the flagbearer of offering quality and strategic learning experience to students aiming for CUET. The highly experienced team at Toprankers has always facilitated the students to score exceptional results in all subjects like legal studies, art, english etc. through its various other brands like Legaedge, Supergrads, Creative Edge.

The number of students registering for programmes like engineering (JEE) and medicine (NEET) has dramatically reduced in recent years. As a result, students today are more willing to try new things and take classes that aren’t conventional and Toprankers serves as a beacon for students in this regard. Till date, Toprankers has been successful in preparing 3 lakh candidates for modern careers.

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UNIVO Education forms strategic partnership with AVENU Learning to expand quality online education to students in India…

Sep 30, 2022 by Rekha Nair 0 Comments

30th September 2022: UNIVO Education Pvt Ltd, one of the most progressive online education leaders in India, and AVENU Learning LLC (AVENU), a leading global provider of educational services supporting universities and transnational learners, have entered a long-term partnership through a strategic and financial investment by AVENU.UNIVO brings high quality, affordable online higher education to students across India, the Middle East and Africa via its flagship university partner: Amity University, one of the leading universities in India. AVENU’s expertise in global online higher education and deep partnerships with international universities, coupled with UNIVO’s student reach and local expertise, will enable UNIVO and AVENU to realize their shared vision of providing affordable access to world-class, curated quality education to multiple generations of Indian learners and professionals.

The strategic partnership will focus on expanding university relationships, introducing international degrees globalized for learners in India, and delivering courses through innovative digital platforms to cater to the diverse needs of the learners.

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SIDBI signs MoUs with stakeholders that will contribute to India’s Sustainable Development Goals (SDG) 2030 Targets

Sep 18, 2022 by Neel Achary 0 Comments

September 17, 2022: SIDBI, towards its continuing effort for MSMEs to embrace energy efficiency in operations and reduce their Carbon Footprint status, entered MoUs with stakeholders that will contribute to India’s SDG 2030 Targets.

SIDBI signed an MOU with Technology Information, Forecasting and Assessment Council (TIFAC)

Sectoral Engagements with GiZ

Waste Solutions for a Circular Economy in India

An agreement was signed to announce the collaboration of Small Industries Development Bank of India (SIDBI) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for operating a Risk Sharing Facility (RSF) housed within the NAMA Facility entitled ‘Waste Solutions for a Circular Economy in India’ project. The project has the Ministry of Environment, Forest and Climate Change (MoEFCC) as the nodal Ministry and the Ministry of Housing and Urban Affairs (MoHUA) as the implementation partner Ministry.

SIDBI will operate the RSF that provides credit guarantees to loans from commercial banks or NBFCs (Non-Banking Financial Companies) in order to accelerate activities of waste management companies, low-carbon waste management solutions, biomethanation, recycling, composting, and Refused Derived Fuel for use in cement kilns.

The RSF’s initial budget would be EUR 4.2 million which will be from the NAMA Facility. The project will also support building of awareness and capacities among various stakeholders, thereby enhancing the success of the RSF. Around 15 waste management companies have already shown interest in accessing debt guarantee facility from the RSF during the pre-launch event held in August.

The NAMA Facility is a multi-donor programme that supports the implementation of NAMA Support Projects (NSPs) that affect sector-wide shifts toward sustainable, irreversible, and carbon-neutral pathways. It is funded by the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV), the UK Department for Business, Energy and Industrial Strategy (BEIS), the Danish Ministry of Climate, Energy and Utilities (KEFM) and Ministry of Foreign Affairs (MFA), the European Commission (EU), and the Children’s Investment Fund Foundation (CIFF).

TIFAC – SRIJAN

SIDBI signed an MOU with Technology Information, Forecasting and Assessment Council (TIFAC) to collaborate for the identification of scalable green and clean technologies under MSMEs. Under the collaboration, TIFAC will provide support through the assessment of technologies and projects, whereas SIDBI will support MSMEs through financing under its various credit schemes to implement the identified technologies. This will help commercialization of innovative technologies through industries, particularly MSMEs and startups, where SIDBI would capitalize technical strength and capabilities of TIFAC as a knowledge partner in techno-economic assessment and provide financing under its various schemes. SIDBI and Tifac shall explore deepening outreach of the program including extending equity infusion into innovative/problem-solving technologies and exploring to create a fund that will support the Green Innovative Technologies. A video showing the success stories under SIDBI – TIFAC Srijan Programme was also released by Shri Sivasubramanian Ramann, CMD, SIDBI on the occasion.

TIFAC and SIDBI recognize that cooperation among the two parties will further accelerate the development of MSMEs across India in a structured and planned manner through synergies. It may be mentioned that under jointly channelised SRIJAN, till now, 38 innovative technology projects have been supported and all have successfully been commercialised.

Capacity Building collaboration with CII

An MoU has been signed between SIDBI and The Confederation of Indian Industry (CII). The partnership will enable SIDBI to Promote clean & green initiatives among MSMEs, facilitate their implementation, SIDBI’s financing schemes for renewable energy, energy efficiency, clean & green projects, and capacity building & skill development. SIDBI will also recognise the rooftop solar vendor rating program and consider the rating provided under the program as one of the tools in financing rooftop solar projects. CII will facilitate through organizing webinars/ workshops on various clean and green initiatives related to renewable energy (especially rooftop solar), energy efficiency/ management, net zero, green buildings, resource efficiency, circular economy, etc. In these webinars, some of the initiatives of CII-Godrej GBC such as the Indian Green Building Council (IGBC’s) Net Zero Energy Buildings Rating System, Green Company (GreenCo) Rating System, and Rooftop Solar Vendor Rating Program (VRP) may also be covered for the benefit of MSMEs.

The objective of this MoU is to provide collaborative support for the benefit of MSMEs which also includes continually improving renewable energy (RE) adoption, environmental performance, resource efficiency and reducing costs & improving the competitiveness of MSMEs.

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Perfect Curated Diwali Gift by JustMyRoots.com

Sep 17, 2022 by Neel Achary 0 Comments

Diwali is the most auspicious festival in India. Gifting in this season is an ideal way to strengthen a good relationship with your employees and business associates. Every organization distributes gifts as a token of appreciation for their loyalty and hard work.

To celebrate Diwali in a special manner, JustMyRoots.com, the intercity food tech platform, that aims to connect people back to their roots have designed specially curated gift hampers and gift vouchers. The gift hampers consist of famous sweets and savoury items from heirloom brands from various parts of the country. The gift vouchers empower the employees and business associates to choose their own Diwali gift within a budget at any point in time. With a capacity planned for a million deliveries, JustMyRoots is ready to deliver a box of happiness this Diwali.

You can choose from JustMyRoots’ Platinum, Gold and Silver combos depending on your budget, giving the option of over 200 different sweets and savoury from the top sweet capitals all across the country. JustMyRoots can also add a personalized letter from the CEO to the employee’s families. Organizations can also opt for customized co-branded packing options.

Curate your Diwali Hampers with famous brands like Kesar and Laxmi Mishthan Bhandar from Jaipur, Chhappan Bhog and Madhurima Sweets from Lucknow, China Ram, Kanwarji and Evergreen from Delhi, Balaram Mullick, Jugal’s and Mithai from Kolkata, MM Mithaiwala and Ghasitaram in Mumbai, Kayani Bakery, Karachi Sweet Mart from Pune, Kandoi and Jai Hind Sweets from Ahmedabad, Grand Sweets from Chennai, Sri Krishna Sweets from Bengaluru, Agrawal Sweets and Aakash Namkeen from Indore, Bansal Sweets and Kanha Sweets from Amritsar, Panchhi Petha and GMB Gopika from Agra. You can also gift Premium Handcrafted Date Palm Jaggery Chocolate from JustMyRoots’ in-house brand called Regalo.

Depending on your organization’s needs, we can deliver gift hampers or gift vouchers to the office or individual employee addresses across the country. Along with 21000+ pin codes in India JustMyRoots.com also delivers in 12 international destinations like Singapore, UAE, Bahrain, Kuwait, USA, UK, Canada, etc.

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Ridge Valley School Hosts Free Cancer Awareness and Screening Camp

Sep 10, 2022 by Neel Achary 0 Comments

10^th September 2022, Gurugram: Ridge Valley School in Gurgaon has partnered with Tanisa Foundation, Rajiv Gandhi Cancer Research Center, and Rotary Club Cama Place to organise a free cancer awareness and screening camp for all students, staff, and their parents, respectively. Hosted on the school grounds, the special event is envisioned with the aim of spreading awareness of cancer and the importance of early screening. Though cancer rates are rising across the globe, there has been widespread misinformation regarding this disease. Inaccurate and inadequate awareness often translates into insufficient screening modalities and delayed diagnosis. The cost of delay in seeking help often becomes the decisive factor between successful and unsuccessful treatment. With limited access to healthcare facilities and rampant misinformation, the Indian population faces a multitude of challenges.

Sharing insights on the challenges, Dr. Wattal Chairperson & Executive Director Education, Innovations and Training- DLF Schools stated, “Cancer is a global disease that continues to plague our nation. Early detection is our greatest weapon in combating this deadly disease. To this end, it is crucial that we disseminate accurate information to the public. Our country comprises 29 states and 7 union territories, with vast fluctuations in population genetics, environmental conditions, and lifestyle impacts. This has resulted in a heterogeneous distribution of disease burden. If we are to face this disease head-on, then we must do so with accurate information, proper screening modules, and a mind-set undaunted by preconceived societal prejudices towards this disease”.

Tanisa Foundation has provided a sustained commitment towards raising awareness by hosting several free screening camps and awareness workshops. The foundation has extensive collaborations with specialist doctors from the Rajiv Gandhi Cancer Research Center. Together, they have worked diligently towards providing cancer screening and examinations for the public. This includes a clinical oral examination by an ENT, a PAP smear test by a gynaecologist, a clinical breast examination by a gynaecologist, as well as mammography, blood pressure, and a sugar level test by certified diagnostic laboratories. The Rotary Club Cama Place dispatched a special mammography van to conduct breast cancer screenings.

Talking on the need for awareness of cancer screening, Meenakshi Dhingra, Co-founder, Tanisa Foundation, said, “We all know that cancer cases are increasing in India. Here, people often don’t prefer to go for cancer screening as it’s taboo in our society. Late detection is one of the reasons for the high fatality rate in this disease. Tanisa Foundation is working hard to fight this disease by organising screening and awareness camps at your doorstep free of charge to detect the disease at the earliest and remove the stigma and fear attached to it. As a society, coming forward to fight this disease is a good example of how we, as a society, can come together to combat this malice. “

Ridge Valley School Principal, Ms. Nidhi Tewari, added, “We are honoured to partner with the Tanisa Foundation, Rajiv Gandhi Cancer Research Center, and Rotary Club Cama Place to organise an event aimed at combating various forms of cancer plaguing our society today. An event of this magnitude requires equal participation from the people, and we are happy that communities from all walks of life have come together as one to support this cause. As I look towards the bright children from Ridge Valley School leading, volunteering, and supporting during this event, I am so proud as an educator to know that our society is moving in the right direction. Our children are the flag bearers of our future. And when we empower and enlighten their thinking towards stigmatised diseases like cancer, I feel confident that we are moving towards making a positive impact on societal perception as a whole. “

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‘The Inventor Challenge’ is all set to inspire India with leading inventors of tomorrow

Aug 26, 2022 by Neel Achary 0 Comments

India, 26^th August 2022: An idea sparks innovation and has the power to improve countless lives. Identifying and nurturing the changemakers across India, Colors Infinity presents The Inventor Challenge, a one-of-a-kind reality show that provides talented young minds with a unique platform to create path-breaking inventions under the guidance of experienced panellists and mentors. The Inventor Challenge will air on Colors Infinity and stream on The Inventor Challenge YouTube channel from August 27, 2022 at 8:00pm and stream on ‘The Inventor Challenge’ YouTube channel. Vinco Ventures are the international format owners of the show, which is coming to India in a brand-new avatar.

The show will go on air from August 27 (Saturday) at 8pm, and feature panellists like Dhruv Madhok, Dhruv Bhasin, Sarover Zaidi, and Malini Agarwal!

The ‘Inventor Challenge’ panelists comprise eminent personalities from across industries, who will be the backbone of the show. It will see experts Dhruv Madhok and Dhruv Bhasin – co-founders at Arata, a fast-growing internet-driven, personal care brand; Sarover Zaidi —a social design practitioner; and Malini Agarwal – Influencer, TV Host, and Entrepreneur, guide the participants to make their ideas come to life in the form of prototypes. Bhasin and Madhok’s Arata is a personal care brand for skin and hair that uses 100% nature-derived ingredients. A design thinker, Zaidi has extensively worked on religious architecture and urbanism in Mumbai, while Agarwal is a best-selling author and founder of MissMalini.com, India’s first Bollywood news, gossip, fashion, and lifestyle blog. The host of the show, Aahana Kumra will be the support system of the inventors, leading & entertaining them, as they turn their ideas into reality.

Aahana Kumra to host Colors Infinity’s latest reality show ‘The Inventor Challenge’

The Inventor Challenge will see inventors from across the length and breadth of India participating and presenting their ideas. The panellists of the show will interact with the maker community, spot great ideas and select chosen inventors to advance in the show. Of which, two promising inventors will get the chance to be advised by the mentors at a live lab location. Over the course of a week, prototypes of the top two ideas will be made and presented to a consumer focus group, whose responses will help decide the inventor of the week.

Sharing his views about the launch, Anshul Ailawadi, Head – Youth, Music, and English Entertainment, Viacom18, said, “Colors Infinity aims to put the spotlight on Indian ingenuity with its latest original – The Inventor Challenge. The show brings together a diverse set of inventors from across the length and breadth of the country as they compete to make their ideas a reality. We’re thrilled with the ideas we’ve received and excited to present the show to our viewers.”

Get ready to join this one-of-a-kind journey of Indian Inventors from 27^th August onwards at 8 pm exclusively on Colors Infinity and on ‘The Inventor Challenge’ YouTube Channel

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IIT Mandi signs Memorandum of Understanding with Vehant Technologies to promote Industry Academia Collaboration

Aug 23, 2022 by Neel Achary 0 Comments

The MoU will help in developing enhanced applications in AI and ML and sponsoring projects on research and academic purposes

New Delhi, August 23, 2022: Vehant Technologies, a pioneer in Artificial Intelligence /Machine Learning- based Physical Security, Surveillance and Covid solutionshas signed a Memorandum of Understanding (MoU) with Indian Institute of Technology, Mandi(IIT-Mandi) in order to promote Industry Academia Collaboration. Vehant’s researchers shall collaborate with the researchers of IIT Mandi with mutual interest on developing enhanced applications of Artificial Intelligence and Machine Learning technologies in security screening solutions offered by the company. Vehant Technologies is among key players in providing security screening solutions using AI and ML.

Vehant Technologies will sponsor up to five students enrolled in M. Tech program in the year 2022-23. Besides, the company will further sponsor research projects, faculty consultancies and Ph.D. students at the Institute in order to benefit from the mindshare of faculty and students. The collaboration has begun sponsorship with M. Tech students. The selection and admission of sponsored students and the project work began on 20th August 2022.

Commenting on the partnership, Mr. Anoop. G. Prabhu, Co-founder & CTO, Vehant Technologies, said, “The admitted students shall be addressed as Vehant fellows and each fellowship will imply a commitment of funds which may be used for research and academic purposes over a period of 2 years. Our goal is to build a strong research ecosystem within the company for development of future products and solutions by engaging with researchers at IIT Mandi working in domains of mutual interest.The main intent is to perform research on applications of AI/ML techniques in physical security, surveillance and traffic monitoring.”

Speaking on IIT Mandi’s collaboration with Vehant Technologies, Dr. Venkata Krishnan, Dean Sponsored Research and Industrial Consultancy & International Relations (SRIC & IR), IIT Mandi, said, “IIT Mandi is looking forward to a productive collaboration with Vehant Technologies to boost the industry-academia association. We believe this program will mutually benefit both the stakeholders in terms of acquiring technology competence and academic excellence in the field of Artificial Intelligence and Machine Learning. This initiative will help us in addressing the unique industry problem statements while ensuring real-time technical exposure to our students.”

Vehant will support all the efforts including publications, conferences, technical journals and IP generations coming out of the partnership. Faculty at IIT Mandi may benefit by this collaboration with more joint research/consulting opportunities with doors opening up from industry. Vehant would be able to attract young fresh talent to work on its projects while simultaneously supporting quality education.

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