Vasant Vihar, one of Delhi’s posh localities, and Category A colony in terms of property tax is facing an acute water crisis. For the past three days, there has been a negligible water supply. Even before, the water supply has been minimal and barely enough for the residents to survive.
According to VVWA President, Mr. Gurpreet Singh Bindra, “We have just reviewed the water situation. Against a minimum requirement of 8 feet in the reservoir, we have 5.5 feet. There is no point in pumping this as it will lead us nowhere. It would be advisable to let the water collect in the night and review the position early morning at around 6.00 am. It pains us to take this decision, but tonight this is the best option. There is a failure on part of DJB and we have this effort to divert our water. A sad situation. Our apologies once again. Hopefully, tomorrow will be another day. We are going to ask DJB to organize special tankers tomorrow. MVV has one Tanker and that is neither here nor there.”
One resident, Mukund Ballani complained “No water yesterday and even today. The most unfortunate part is no water and we suffer but bills are raised. Today received a bill for 60000/-. Really shocked. Request help to get it resolved.
Another resident Seema Bahuguna lamented about the defective billing by the agency MVV. She claimed that the other colonies in other parts of Delhi pay a fraction of the amount for a better supply. She also urged approaching MCD for reclassification of the colony if it does not have the basic amenities.
The residents have been making a list of houses in the colony with no water for a long time. There are 28 houses on the list and it keeps growing.
Prof. Kapil Rampal, another resident of the colony attributed the water crisis to poor supply. He also urged everyone to save water and judiciously use the limited water supply.
The colony has also been trying for the past 4 years, to prevent the diversion of its allocated water to Janta Flats and slums. Despite, DJB’s explicit orders, there were certain individuals that were creating an illegal diversion, which was prevented with the help of police.
The Chief Minister of Delhi’s office has not commented on the issue, despite several attempts to contact them.
Many times women do not get supported when they join back work after taking a long sabbatical. To assist women who will like to restart working, MG Motor India announced ‘Drive Her Back’, a programme that enables experienced and qualified women to return to the workplace with
dignity and pride.
This returnee-ship programme aims to create a diverse pool of highly talented women who can excel in any field. The ones that showcase skills that can cater to the needs of MG Motor India have a favourable chance of recruitment as well.
Under this programme, MG Motor India offers women access to coaching to help them regain corporate vigour and strike a favorable work-life balance. Through the ‘Drive Her Back’ campaign, MG Motor has been assisting women who are looking to reclaim their space in the corporate
corridors. Diversity and inclusion are the fundamentals of a successful business and as an organization, MG endeavours to build a culture that supports these two critical aspects.
The ‘Drive Her Back’ program was launched in 2019 and enclosed are the past 2 year summary of Drive Her Back Campaign –
Applications received
· Season 1 DHB : 250-300 Approx.
· Season 2 DHB : 450-500 Approx.
Application who got shortlisted through season 1 & season 2 at MG
· Season 1 DHB : 16
· Season 2 DHB : 26
How many got placed in MG as permanent employees –
· Season 1 DHB : Offered 4 DHBs
· Season 2 DHB : 7 DHBs are offered jobs
Other support provided by MG:
· Provide references to MGI Sourcing Partners
· Recommend them to other companies
Post 2 successful seasons, MG motor India is coming up with the 3rd Season of Driver Her Back.
India’s fastest-growing education financing platform, Propelld, announced its plan to recruit 30 employees in its tech team by FY 2022 to strengthen its in-house tech capabilities.
With over 135 employees in the company, the strategic move aims at expanding the tech teams primarily. Through a virtual interview process, the education financing platform intends to recruit tech experts for the roles of Software Development Engineer (SDE)-1, SDE-2, Lead Engineers, Engineering Manager, DevOps Engineer, UI Developer, and UI/UX Designer.
Job seekers across the country can apply through various channels, including LinkedIn, campus placement drives, Naukri.com, Propelld’s career page, alumni network, employee referrals, and hiring agencies.
Mr. Satendra Singh, CTO, Propelld, said, “As our user-base had grown from 1000s in a year to 10,000s in a month, we plan to strengthen our technical capabilities to handle the increased traffic. With our hiring spree of tech experts, we aim to ensure that our developers get the right direction by working with experienced engineering leaders. Propelld is witnessing a two-fold growth. We are vertically expanding with an increase in users across demographics and also plan to introduce new financial products for the education sector.”
“A robust technical infrastructure will further ensure the efficiency and effectiveness of all our products. Besides, a diverse and strengthened tech team will accelerate Propelld’s product experiments while staying up-to-date with the latest technology and market trends. We are looking forward to augmenting our tech ecosystem with promising talent. ” he added.
Making financing accessible across the education sector, Propelld continues to scale up its operations. The company advocates a progressive work culture offering time-to-time mental health weeks and health insurance to its employees. With flexible working hours for the tech team, Propelld also sponsors up-skilling courses for its employees while rewarding the team with performance bonuses and ESOPs.
Grapes, an Integrated-marketing agency, has announced the appointment of Partha Sengupta as the Creative Director. He will be based out of the agency’s Delhi office and will report to Shradha Agarwal, Chief Operating Officer and Strategy Head at the company. Sengupta will be responsible for the agency’s creative output for brands.
In his role, he will supervise the creative teams, assist in campaign conceptualisation, and will overlook art and creative teams, respectively.
Sengupta has been instrumental in conceptualising campaigns of several brands. Prior to this, he was associated with Wunderman Thompson as a senior creative director for more than three years.
In his 13 years of advertising experience, he has worked on brands like Coke, TATA, Pepsico, Reckitt Benckiser, Nestle, Aircel, Uninor, to name a few. After graduating from the National Institute Of Design, he had worked in agencies like McCann Worldgroup, Rediffusion DY&R, and J. Walter & Thompson, Havas worldwide. He does earn his bread from advertising, but creating newness has always been the butter to his creative half.
Speaking on the appointment, Shradha Agarwal, COO and Strategy Head, Grapes, said, “We are pleased to welcome Partha to the team. He comes with years of creative experience in the advertising fraternity and is a great asset to us as he holds impeccable expertise in conceptualising and executing creative ideas for brands. I am confident that he will continue to be an amazing leader, he brings not just the experience but the kind of enthusiasm and passion he entails has inspired us. I am sure he will deliver astonishing work, and I could see an exciting time for the agency.”
Partha Sengupta, Creative Director, Grapes, said, “I am extremely excited and ready for the new and exhilarating journey at Grapes. Advertising gives me the scope to solve problems for brands through design, art, and creative strategy. I look forward to working with the teams and assisting them to deliver creative solutions for our clients.”
IIFL Home Finance Ltd. (IIFL HFL), in collaboration with Asian Development Bank (ADB), organised its flagship event Kutumb which is an initiative to promote Green Affordable Housing in India. The event took place at India Habitat Centre, New Delhi on December 14th, 2021 with the presence of Mr. S.K. Hota (MD, National Housing Bank) & Mr. Nirmal Jain (Founder & Chairman, IIFL Group) as chief guests. The event also had speakers from development finance institutions (DFIs) such as Asian Development Bank and Proparco (an arm of Agence Française de Développement Group (AFD Group).
Under the project ‘Resilient & Green Affordable Housing for Economically Weaker Section (EWS) and Low-Income Group (LIG) categories in India’, IIFLHFL, with the support of ADB, will be hosting series of it’s flagship event ‘Kutumb’ at various locations across the country. The objective of Kutumb is to enable and support the green building ecosystem in the affordable housing sector in India. Kutumb, Delhi Chapter, titled ‘Climate Resilient & Green Affordable Housing in India’ focussed on affordable, low-carbon and resilient homes. The programme witnessed over 120 attendees, a mix of housing developers, financiers, subject matter experts and consultants.
Mr. Monu Ratra (ED and CEO, IIFLHFL) said, “The pandemic has brought in high consciousness towards green and sustainable construction amongst the developers, as well as the homebuyers. Also, considering buildings contribute around 35% of carbon emissions and with the vast majority of housing stock yet to be built in India, it is imperative to hold platforms such as Kutumb to build an ecosystem to foster green, sustainable and affordable housing in India.”
Sharing her views, Ms. Susan Olsen, Senior Investment Specialist for South Asia, ADB said, “Building climate-resilient and sustainable communities begins by giving access to affordable and green homes, particularly for lower income groups that are highly vulnerable to climate change impacts. IIFL HFL is our partner in broadening the scope of green affordable housing in India.”
The event witnessed discussions and deliberations between industry experts such as Priya Sunder (Senior Investment Officer, Asian Development Bank), Diane Jegam (Directrice Régionale PROPARCO Asie du Sud chez Proparco), nationally renowned architect Ashok B Lall (Principal Architect, Ashok B. Lall Architects), Mohua Mukherjee (Economist & Green Finance Professional, Independent Director, IIFL Home Finance Ltd.), Dr. Sejal Patel (Professor & Chair, Faculty of Planning, CEPT), Ravi Aggarwal (Co-founder & MD, Signature Global Group of Companies), and Saswat Bandyopadhyay (Project Director, CEPT). The event was conducted in a panel discussion format supported by presentations. The panels focused on subjects ‘Sustainable Finance in Affordable Housing’ and ‘Importance of Climate Resilience in Affordable Housing’ in India.
In the series of Kutumb, the next event is likely to be scheduled in Ahmedabad, in the first week of February, where IIFLHFL and ADB aim to bring together the affordable housing developers, planners, architects, consultants and potential homebuyers on one forum and address subjects relevant to green affordable housing in the area.
About IIFL Home Finance Limited:
Incorporated in 2006 and registered in 2009 with the National Housing Bank (NHB), IIFL Home Finance Limited is a wholly-owned subsidiary of IIFL Finance Limited. The Company is one of India’s leading housing finance companies and is a preferred choice for affordable home loan requirements. Through our affordable home loans, IIFL Home Finance makes people’s aspirations of owning a home a reality. As a technology-driven housing finance player, we endeavour to make our customer experience as seamless as possible. We have made the entire life cycle of our housing loans i.e., from origination to closure, completely digitized. We have managed this through our state-of-the-art IT infrastructure which has helped in reducing costs, enabled real-time analysis of customer data, and improved our control and underwriting functions, while increasing customer reach and distribution capability.
We operate a financially inclusive customer-centric lending business and strive to ensure that our business model contributes significantly to the upliftment of the EWS and LIG segments. As of March 31, 2021, 74.90% of our live accounts were from customers who belonged to the EWS and LIG segment. Through the provision of loans for the purchase of homes to a customer segment that is not serviced by the mainstream financial services sector and our employment of personnel in rural and semi-urban locations across India, we are fulfilling an important social objective of economic upliftment for these segments of the Indian economy.
We offer our customers a range of mortgage-related loan products, these include (i) housing loans, for purchase of ready built residential units, under-construction property by approved builders, self-construction, home improvement on pre-owned property, and purchase of land for construction of residential property; (ii) secured business loans, for primarily meeting working capital requirement, business use and purchase of commercial property; and (iii) affordable housing project loans, to meet construction expenses of affordable housing projects of reputed developers. For more details, please visit www.iiflhomeloans.com
