Compliance Mandates in IT Rules, 2021

Posted on July 5, 2022July 5, 2022Categories General   Leave a comment on Compliance Mandates in IT Rules, 2021

Will Negatively Impact Ease-of-Doing-Business, Finds Report More than 85% percent of intermediaries, surveyed during a recent study, feel that compliance mandates envisaged in Part II of the Information Technology (Intermediary Guidelines & Digital Media Ethics Code) Rules, 2021, introduced by the Ministry of Electronics and Information Technology (MeitY) in February last year, would lead to overwhelming economic repercussions and negatively impact their ease-of-doing-business. This is one of the key findings of a report titled IT Rules, 2021: A Regulatory Impact Assessment Study, prepared … Continue reading “Compliance Mandates in IT Rules, 2021”

eClerx Partners with IHFC (IIT Delhi Innovation Hub) to Collaborate in AI/ML, RPA, and Mobility Solutions

Posted on July 5, 2022July 5, 2022Categories General   Leave a comment on eClerx Partners with IHFC (IIT Delhi Innovation Hub) to Collaborate in AI/ML, RPA, and Mobility Solutions

eClerx, a global leader in business process management, automation, and analytics services and IHFC, the Technology Innovation Hub of the Indian Institute of Technology, Delhi, announced the formation of a strategic partnership. The alliance will drive joint investments to co-create innovative solutions in Artificial Intelligence (AI), Machine Learning (ML), Intelligent Automation (IA), and Mobility Solutions. The joint efforts will focus on building solutions in image recognition, speech recognition, natural language processing, text mining, and intelligent automation. eClerx’s existing product stack … Continue reading “eClerx Partners with IHFC (IIT Delhi Innovation Hub) to Collaborate in AI/ML, RPA, and Mobility Solutions”

Vedanta unveils its seventh ‘Tax Transparency Report’ at ASSOCHAM’s National Conclave on GST

Posted on July 4, 2022July 4, 2022Categories General   Leave a comment on Vedanta unveils its seventh ‘Tax Transparency Report’ at ASSOCHAM’s National Conclave on GST

·         Vedanta Limited contributed highest ever, Rs 54,165 crore to the exchequer in FY22 ·         Among highest taxpayers in India, Vedanta generated Direct Economic Value of Rs 141,377 crore; paid 41% of its consolidated revenue in taxes Continuing with its commitment towards highest standards of corporate governance, Vedanta Limited today unveiled its seventh ‘Tax Transparency Report’ for the fiscal year 2021-2022. This report, which was made public at ASSOCHAM’s National Conclave on GST, is a testimony to the conglomerate’s endeavour towards absolute … Continue reading “Vedanta unveils its seventh ‘Tax Transparency Report’ at ASSOCHAM’s National Conclave on GST”

How Are Businesses Capitalising On The New Event Formats In 2022?

Posted on July 1, 2022July 1, 2022Categories General   Leave a comment on How Are Businesses Capitalising On The New Event Formats In 2022?

Like no man is an island, companies cannot afford zero interaction with their stakeholders in today’s business environment. Right from exhibitions, trade fairs, and Annual General Meetings to internal events, organizations have always known the importance of hosting such gatherings. They are a great opportunity to communicate and build strong relations with all parties affecting the day-to-day operations of an enterprise, such as buyers, creditors, board members, employees, and vendors, among others. Having established the cruciality of events for businesses … Continue reading “How Are Businesses Capitalising On The New Event Formats In 2022?”

Hurun Research Institute today released the ASK Private Wealth Hurun India Future Unicorn Index 2022

Posted on June 29, 2022June 29, 2022Categories General   Leave a comment on Hurun Research Institute today released the ASK Private Wealth Hurun India Future Unicorn Index 2022

Key Highlights In search of India’s Gazelles and Cheetahs India will have 122 new Unicorns in the next 2 to 4 years India is currently home to 84 Unicorns, 51 Gazelles and 71 Cheetahs, as against 51 Unicorns, 32 Gazelles and 54 Cheetahs in the 2021 index. India’s future Unicorns are currently worth US$ 49bn, with an increase of 36% as compared to last year. 17 Gazelles and 7 Cheetahs, from last year’s index, hit Unicorn valuation this year. Double … Continue reading “Hurun Research Institute today released the ASK Private Wealth Hurun India Future Unicorn Index 2022”

Aster DM Healthcare, Intel Corporation and CARPL announce successful demonstration of India’s first-of-its-kind Secure Federated Learning-based health data platform

Posted on June 29, 2022June 29, 2022Categories General   Leave a comment on Aster DM Healthcare, Intel Corporation and CARPL announce successful demonstration of India’s first-of-its-kind Secure Federated Learning-based health data platform

·         Federated Learning-based platform securely and rapidly enables access to anonymized and structured health data for research and collaboration. ·         This will enable a collaborative engagement across healthcare ecosystem to create innovative AI solutions. Aster Innovation and Research Centre, the innovation hub of Aster DM Healthcare, has joined with Intel Corporation, and CARPL to announce a state-of-the-art ‘Secure Federated Learning Platform.’ This collaboration will enable the development of AI-enabled health tech solutions where data can securely reside where it is generated. The … Continue reading “Aster DM Healthcare, Intel Corporation and CARPL announce successful demonstration of India’s first-of-its-kind Secure Federated Learning-based health data platform”

Next Education collaborates as an Academic Partner with Jain Global School, Rudrapur, Uttarakhand to strengthen the digital learning initiatives

Posted on June 29, 2022June 29, 2022Categories General   Leave a comment on Next Education collaborates as an Academic Partner with Jain Global School, Rudrapur, Uttarakhand to strengthen the digital learning initiatives

The EdTech platform provides services in School Infrastructure and Project Guiding, School Management Consultancy, Staffing and Training, Complete School Operational Support, and Parent Orientation and Feedback Programme Furthering its vision to transform the education sector, Next Education, a fastest-growing, technology-driven company revolutionizing the K-12 education sector in India has signed an MoU with an experiential-based learning school, Jain Global School, Rudrapur, Uttarakhand. Committed to bringing a change in the academic sector, this collaboration will aim to democratize access to education and … Continue reading “Next Education collaborates as an Academic Partner with Jain Global School, Rudrapur, Uttarakhand to strengthen the digital learning initiatives”

NeoGrowth launches Accelerator business loan; fast-tracks loans up to INR 20 Lakhs

Posted on June 27, 2022June 27, 2022Categories General   Leave a comment on NeoGrowth launches Accelerator business loan; fast-tracks loans up to INR 20 Lakhs

Integrates Account Aggregator-based Digital lending across its portfolio NeoGrowth, the MSME-focused FinTech lender leveraging the digital payments ecosystem, has announced the launch of its new business loan offering, NeoGrowth Accelerator, on the occasion of World MSME Day. The company recently kickstarted its MSME festival and will be undertaking multiple activities to celebrate the spirit of India’s small business owners. The company is now live on the Account Aggregator framework to further strengthen digital lending for MSME borrowers. NeoGrowth Accelerator is a … Continue reading “NeoGrowth launches Accelerator business loan; fast-tracks loans up to INR 20 Lakhs”

L&T Wins (Large*) Contracts for its Hydrocarbon Business

Posted on June 23, 2022June 23, 2022Categories General   Leave a comment on L&T Wins (Large*) Contracts for its Hydrocarbon Business

The Hydrocarbon division of L&T Energy has secured three offshore packages from a prestigious overseas client. The scope of work comprises Engineering, Procurement, Construction, and Installation for various new offshore jacket structures. L&T Energy Hydrocarbon (LTEH) has executed orders for this client in the past and repeat business is a testimony to L&T’s “Execution Par Excellence” philosophy. LTEH is executing several domestic and international offshore projects and is committed to building its regional presence in geographies that it operates by … Continue reading “L&T Wins (Large*) Contracts for its Hydrocarbon Business”

The Centre’s importance in defining the regulatory framework for Online Gaming

Posted on June 22, 2022June 22, 2022Categories General   Leave a comment on The Centre’s importance in defining the regulatory framework for Online Gaming

Online gaming has at times been confused with online betting and gambling. Nothing could be further from the truth. Activities which are as different as apples and oranges have been clearly recognized by the judiciary to be distinct from each other. The Supreme Court of India has iterated that offering a game of skill is a protected activity, under Article 19 (1) (g) of the Indian Constitution. States have erroneously legislated on such activities. Their interpretation has been on the … Continue reading “The Centre’s importance in defining the regulatory framework for Online Gaming”

BHTC inaugurates its state-of-the-art manufacturing facility and R&D center in Pune

Posted on June 22, 2022June 22, 2022Categories General   Leave a comment on BHTC inaugurates its state-of-the-art manufacturing facility and R&D center in Pune

Behr-Hella Thermocontrol GmbH (BHTC), one of the world’s technology leaders in the field of Automotive Displays/HMI Solutions and climate control and thermal management, today announced the launch of its state of the art, a fully integrated manufacturing facility in Pune. The new facility was inaugurated in the presence of Mr. Michael Jaeger, CEO, BHTC Group, Mr. Sudeesh Karimbingal, Managing Director, BHTC India, Mr. Kress Kolja, Group CFO & Board Member of BHTC India, Mr. Bernd Kuhlhoff, Executive Vice President Sales, … Continue reading “BHTC inaugurates its state-of-the-art manufacturing facility and R&D center in Pune”

ŠKODA OCTAVIA HITS HISTORICAL LANDMARK WITH 101,111 CARS SOLD IN INDIA

Posted on June 22, 2022June 22, 2022Categories General   Leave a comment on ŠKODA OCTAVIA HITS HISTORICAL LANDMARK WITH 101,111 CARS SOLD IN INDIA

Octavia is the highest selling car through the Parts and Components (CKD) route in India Among the longest-running, continuously existing nameplates currently in India On roads since 2001 in India and since 1996 internationally On the back of breaking monthly and quarterly sales records, ŠKODA AUTO India added yet another record to its cabinet when OCTAVIA number 101,111 was delivered to its customer. Along the way, the ŠKODA OCTAVIA has also hit the record of being the largest selling car … Continue reading “ŠKODA OCTAVIA HITS HISTORICAL LANDMARK WITH 101,111 CARS SOLD IN INDIA”

ICICI Prudential Life Insurance announces record annual bonus of ` 968.8 crore for policyholders

Posted on June 22, 2022June 22, 2022Categories General   Leave a comment on ICICI Prudential Life Insurance announces record annual bonus of ` 968.8 crore for policyholders

·         16th consecutive annual bonus demonstrates Company’s commitment to deliver on the promises made to participating policyholders ·         Helps about a million policyholders get closer to their long-term financial goals ·         Annual bonus for FY2022 is 12% higher than the previous year ICICI Prudential Life Insurance, India’s largest private life insurer in terms of new business sum assured, has declared an annual bonus of ` 968.8 crore for FY2022 to all eligible participating policyholders. This is the 16th consecutive year of bonus payment and also the highest ever … Continue reading “ICICI Prudential Life Insurance announces record annual bonus of ` 968.8 crore for policyholders”

IAMAI Forms Venture Capital Committee

Posted on June 21, 2022June 21, 2022Categories General   Leave a comment on IAMAI Forms Venture Capital Committee

The committee will address issues pertaining to VC firms and their portfolio companies The Internet and Mobile Association of India (IAMAI) today announced the formation of a Venture Capital (VC) Committee. The committee will work extensively on public policy consultations, stakeholder engagement, ecosystem enhancement and building a strong industry network for venture capital firms. It will also play an essential role in highlighting sector-specific challenges faced by portfolio companies of the member VC firms. Mr Vikas Agnihotri, Operating Partner, SoftBank … Continue reading “IAMAI Forms Venture Capital Committee”

Sharekhan launches New App InvesTiger – To simplify retail investing by offering curated stock baskets

Posted on June 21, 2022June 21, 2022Categories General   Leave a comment on Sharekhan launches New App InvesTiger – To simplify retail investing by offering curated stock baskets

Sharekhan, one of the pioneers of online trading in India, has introduced a new app, InvesTiger that offers a wide range of stock baskets to retail investors. It is common knowledge that investing in good quality companies in a disciplined manner can help investors create wealth over a period of time. However, it is easier said than done. It requires ability to identify right spaces/sectors, actively track stocks bought and take timely action whenever required. The ease-to-use InvesTiger app offers … Continue reading “Sharekhan launches New App InvesTiger – To simplify retail investing by offering curated stock baskets”

Gig jobs see surge in demand for sales and marketing roles: Taskmo Gig Index

Posted on June 15, 2022June 15, 2022Categories General   Leave a comment on Gig jobs see surge in demand for sales and marketing roles: Taskmo Gig Index

●        Quick Commerce, Healthtech, Fintech, and E-commerce are the top sectors in the Indian gig space ●        Gen Z and Millennials constitute 48% of the gig economy  ●        Almost half of the gig economy (49.5%) prefer monthly payouts as opposed to daily/weekly payments ●        Work-from-home (33%) and On-field (67%) split observed even within the gig workforce  Taskmo, an on-demand gig talent discovery platform, today revealed the first edition of the Taskmo Gig Index (TGI), a tool to measure the demand and supply for gig work … Continue reading “Gig jobs see surge in demand for sales and marketing roles: Taskmo Gig Index”

Importance of self-care for hardworking entrepreneurs

Posted on May 24, 2022May 24, 2022Categories General   Leave a comment on Importance of self-care for hardworking entrepreneurs

The word Entrepreneurship sounds like a dream, isn’t it? Being your boss, deciding your schedule, the freedom to work on your time – I mean, what could be better?  But the reality is very different. Entrepreneurship is not linear nor as smooth sailing as you may want to think. It takes a lot of hard work and determination to succeed with hardly any chance to stop even if you fall sick or are in desperate need of a break. Research … Continue reading “Importance of self-care for hardworking entrepreneurs”

Plum appoints Jayanth Ganapathy as Director, Healthcare

Posted on May 19, 2022May 19, 2022Categories General   Leave a comment on Plum appoints Jayanth Ganapathy as Director, Healthcare

Aims to improve healthcare access to its members by building a comprehensive healthcare benefits portfolio Plum, an employee health insurance platform, has appointed Jayanth Ganapathy as Director, Healthcare. According to the India Brand Equity Foundation (IBEF), a growing middle-class, coupled with rising burden of new diseases, are boosting the demand for health insurance coverage. With increasing demand for affordable and quality healthcare, penetration of health insurance is poised to expand in the coming years. Hence, the next step for insurtech is to … Continue reading “Plum appoints Jayanth Ganapathy as Director, Healthcare”

Embassy REIT Expands Pune Footprint, Launches New Buildings totalling 0.9 msf given Anticipated Demand Rebound

Posted on May 10, 2022May 10, 2022Categories General   Leave a comment on Embassy REIT Expands Pune Footprint, Launches New Buildings totalling 0.9 msf given Anticipated Demand Rebound

New 0.9 msf state-of-the-art office block launched at Embassy TechZone, a 68-acre integrated office campus in Hinjewadi with 2.2 msf operational ‘Back to Office’ ramp-up, robust hiring and tech investments, and infrastructure initiatives such as metro likely to attract technology and global captive occupiers New development caters to anticipated demand rebound, has already won iNFHRA Workplace Excellence award in Innovation Technology Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first publicly listed real estate investment trust … Continue reading “Embassy REIT Expands Pune Footprint, Launches New Buildings totalling 0.9 msf given Anticipated Demand Rebound”

Mastercard partners with CRED to enable safe, convenient payments for education fees and rent via credit cards

Posted on May 9, 2022May 9, 2022Categories General   Leave a comment on Mastercard partners with CRED to enable safe, convenient payments for education fees and rent via credit cards

Mastercard cardholders can use the CRED app to make seamless payments while earning rewards and cashback Mastercard and CRED, a leading Indian fintech unicorn, today launched a campaign that will enable Mastercard credit cardholders to make simple, secure tuition and rent payments for housing expenses using the CRED app. Cardholders will enjoy the convenience of making high value transactions such as rent payments, or paying maintenance and school fees for any type of education, from primary school to university, from any mobile … Continue reading “Mastercard partners with CRED to enable safe, convenient payments for education fees and rent via credit cards”