Feb 26, 2024 | Uncategorized
IILM University, Greater Noida, one of the prominent educational institutions in India, successfully organised its 11th PRME International Conference on “Transformative Vision of NEP 2020 towards Inclusive and Equitable Education: Revisiting SDG 4.”
The conference was held on February 23 and 24 at the university campus. It served as a platform for comprehensive exploration and discussion of the alignment between the National Education Policy (NEP) 2020 and the Sustainable Development Goal 4 (SDG 4) set by the United Nations.
The two-day conference was inaugurated by the chief guest, Prof. Alok Rai, Honourable Vice Chancellor of Lucknow University. The guest of honour for the event was Mr. Vijay Gogoi, Partner & Lead at KPMG India, and the keynote speaker was Mr. Neeraj Gupta, Associate Director of Security & Resiliency at Kyndryl. The esteemed dignitaries graced the inaugural function with their presence.
”The 11th PRME International Conference demonstrated a collective commitment towards realising the transformative vision of NEP 2020, fostering inclusive and equitable education. It stands as a testament to IILM’s vision for advancing education and fostering sustainable development on a global level,” said Prof. Taruna Gautam, Vice Chancellor of IILM University Greater Noida.
The inaugural session also featured Prof. Taruna Gautam, Vice Chancellor of IILM University Greater Noida, Prof. Nihar Amoncar, Director School of Management and Prof. Shyamali Satpathy as the convener.
The opening plenary session of the event focussed on the theme “Innovate and Educate: Role of Technology Towards NEP’s Equitable Vision.” The session unearthed significant insights and included preeminent speakers including Mr. Ashish Kumar Service Delivery Manager, TCS | MoC- ATL (NITI Aayog), Mr. Sudhir Dasamantharao Senior Director & Head -Global Business Services, Boston Scientific, and Mr. Shubham Dang, Senior Product Manager, Microsoft.
Following this, in the second plenary, titled “Opportunities and Challenges in the Implementation of New Education Policy”, the speakers delved deeper into the implementation aspects of NEP 2020. The experts in the session included- Prof (Dr.) Vishal Talwar Director, IMT Ghaziabad, Prof (Dr.) Partha Chatterjee, Head of Economics, Shiv Nadar University, Prof (Dr.) Usta M Amin Professor, IILM University, Prof (Dr.) Harsh Vardhan Verma Professor, FMS, University of Delhi.
The third Plenary Session was titled “Bridging the Industry-Academia Gap for Skill Development and Lifelong Learning”. The session featured four speakers- Dr. Somnath Singh, Deputy Director, UN Global Compact Network India, Ms. Gunjan Saini, Learning Partner, Incedo Inc, Mr. Shantanu Dhar, Chief Human Resources Officer, Hindustan Power, and Mr. Rajdeep Sahrawat Executive Director, Deloitte Touche Tohmatsu India LLP.
In addition, there were presentations by students on startup business ideas organised by Ideathon and E-cell. Moreover, the NGO Club hosted an Eco-conscious Expo where students showcased their products and ideas on green environment and sustainability.
The distinctive conference concluded with a valedictory address by the Guest of Honour, Mr. Amit Mohla, HR Leader, Wipro Ltd., and Chief Guest Dr. Virendra P Singh Chairman, Asia Coaching Network & Advisor, Modi University UP- Rajasthan.
Feb 26, 2024 | Uncategorized
Infibeam Avenues Ltd, a listed AI-powered fintech company, announces investment of USD 10 million for the acquisition of a 20% strategic stake in XDuce (“Company”), a renowned enterprise Application and AI development company based in the United States.
With headquarters in New Jersey USA, XDuce (https://xduce.com)has a team of over 150 software developers in the US servicing some of the marquee Wallstreet and Insurance Clients in North America. The Company is renowned for its expertise in business application implementations, integration services, and business transformation. XDuce esteemed clientele includes industry titans such as Bank of America, Morgan Stanley, Capgemini, Hollingsworth & Vose, Deutsche Bank, BNP PARIBAS, Goldman Sachs, NYP, QBE, IEEE, FMCNA and many more.
By joining forces, Infibeam Avenues Ltd will gain the strategic advantage of tapping into this illustrious network for its Phronetic AI Solutions and CCAvenue Payments business in the US.
On Saturday, the board of directors has approved the equity acquisition in XDuce. It’s a strategic move to integrate Infibeam Avenues Ltd’s PhroneticAI (https://www.phronetic.ai ) capabilities into XDuce’s existing framework as well as support platform and payments business growth in the US market. This integration is aimed at enhancing the intelligence quotient of XDuce’s solutions, especially by embedding PhroneticAI Fraud detection and Authentication and Risk identification (FAR) AI technology for the financial sector in the US.
Furthermore, XDuce will support the US growth of Infibeam Avenues Ltd’s payment gateway brand, CCAvenue, positioning it strongly in the immensely profitable financial sector of the United States.
“We are enthusiastic about this strategic investment, as it signifies a pivotal moment for XDuce. Collaboratively, we aim to enhance and broaden our product offerings, offering businesses and consumers in the US access to state-of-the-art AI-driven technologies for identifying and preventing transaction fraud,” said Mr Jay Dave, CEO of XDuce.
“This strategic move will enable Infibeam Avenues to penetrate the US market with our AI fintech solutions for the financial fraud prevention space,” said Mr Rajesh Kumar SA, CEO of Phronetic.AI, an Artificial Intelligence business unit of Infibeam Avenues Ltd.
This strategic move is poised to reshape the trajectory of Infibeam’s international business as the company aims to boost its international business contribution to company’s total revenue in the next two years.
“Last year, international business contributes less than 10% to Infibeam Avenues Ltd’s total revenue and we plan to grow International business to 30% of total revenue in the next couple of years. This strategic investment in XDuce will support the growth of CCAvenue payments business as well as our platform business in US,” said Mr. Vishwas Patel, Joint Managing Director, Infibeam Avenues Ltd.
The year 2022 witnessed a pivotal moment for Infibeam Avenues Ltd with the restructuring and consolidation of its international business. The company has set its sights on global dominance in the digital payment gateway market and AI powered fintech solutions for financial fraud preventions market. The company has its presence in MENA region, US and Australia.
Feb 26, 2024 | Uncategorized
Tata Capital Limited (TCL), the flagship financial services company of the Tata Group, is rolling out the second phase of its brand campaign- ‘Khoobsurat Chinta’. ‘Khoobsurat Chinta’ signifies the company’s commitment to address customers’ financial concerns (chintayein), while encouraging them to focus on the happier ‘worries’ of life. This campaign idea has been integrated with WPL Season 2 encouraging players to focus on and enjoy the meaningful and important moments in their lives.
The campaign starts off with a ‘tell-all’ series of videos featuring the Captains of WPL 2, where they discuss the moments that enabled them to focus on their Khoobsurat Chinta. These conversations will be enriched through candid activities amplified through Tata Capital’s social media presence. Viewers can participate in these conversations, standing a chance to win Tata Capital sponsored exclusive fan box tickets for both Bengaluru and Delhi matches. Matches are scheduled from 23rd February to 17th March 2024.
Speaking about the campaign, Ms. Abonty Banerjee, Chief Operating Officer – Digital and Marketing, Tata Capital, said, “Our collaboration with WPL underscores our commitment to empower women across all spheres. Our goal is to celebrate the remarkable journey of women in Indian cricket, encapsulating the essence of determination and accomplishment. Through this campaign, we are weaving the spirit of the ‘Khoobsurat Chinta’ into every game, celebrating moments that resonate on and off the field.”
The campaign will run over a period of 3 to 4 weeks and will be visible across Facebook, Twitter, Instagram & YouTube.
Video link 1- Harmanpreet Kaur’s Khoobsurat Chinta
Video link 2- Unveiling the Tata Capital Fan Box
Feb 26, 2024 | Uncategorized
In a landmark development set to transform healthcare access across India, EzeRx, a pioneering healthcare organisation, has signed a strategic Memorandum of Understanding (MoU) with biotechnology powerhouse IMGENEX India. This collaboration brings together two healthcare innovators to advance a shared mission: making quality medical care affordable and accessible to all Indians.
Leveraging EzeRx’s unmatched expertise in AI-powered medical devices and IMGENEX’s leadership in cutting-edge biotechnology, the partners aim to develop cutting-edge screening and diagnostic solutions that are indigenous, low-cost, and effective. This first-of-its-kind partnership unites technical prowess with purpose, applying technology to bridge gaps in preventive care and early diagnosis.
Commenting on the significance of the agreement, EzeRx CEO Partha Pratim Das Mahapatra said, “We are thrilled to partner with IMGENEX India in working towards healthcare equity and empowerment. By combining our complementary strengths, we hope to reshape the delivery of care with ‘Made in India’ products that set new benchmarks in quality, affordability, and scalability.”
EzeRx has previously partnered with leading companies like TCS, Infosys Foundation, and Indian Oil Corporation. However, this strategic partnership with IMGENEX holds special significance for advancing indigenous manufacturing and R&D in healthcare.
According to Shromon Ghosh, Marketing Communications Manager, EzeRx, “Prohibitive costs and access barriers have put quality healthcare out of reach for millions. This partnership changes the equation by combining EzeRx’s MedTech proficiency with IMGENEX’s biotech excellence to drive down costs and expand access to life-saving screening and diagnostics. We envision breakthrough ‘Made in India’ technologies that establish the country as a global MedTech hub.”
Echoing similar views, Dr. Sujay Singh, Founder of IMGENEX India, said, “We are excited to apply our biotechnology expertise to create affordable innovations that solve real challenges. Together with EzeRx, we will develop products that improve health outcomes across the country.”
The MoU outlines joint initiatives to provide low-cost, effective, and privacy-protected screening solutions, particularly for diseases affecting women. This purpose-driven partnership aims to transform healthcare access across India and also explore global opportunities. Together, EzeRx and IMGENEX aim to develop India-centric solutions that set a benchmark in quality, cost-effectiveness, and scalability.
Feb 26, 2024 | Uncategorized
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it has been recognized among the ‘Top Firms to Work for in AI & Analytics’ at the 3AI ACME Awards 2024 presented at the BEYOND 2024 event. Additionally, a matter of great pride for the organization – Sridhar Mantha, President & CEO of Generative AI Business Unit (GBS), was honored as the ‘AI Leader of the Year’.
From over 7400 nominations across 5 categories, Happiest Minds was recognized under two categories for engaging in building the next in-class AI & Analytics capabilities, solutions, and offerings to derive significant impact for their global clients and end stakeholders. It was noted for demonstrating sustained AI and Analytics prowess, building state-of-the-art AI/Analytics best practices, crafting novel AI, Analytics & Data Science talent acquisition and retention strategies, and executing continual and driven AI, Analytics & Data Science engagements with demonstrated impact & value.
Rajiv Shah, President and Executive Board Member, Happiest Minds, said, “Being recognized with the ‘Top Firms to Work for in AI & Analytics’ award reflects our team’s dedication to advancing AI technology for a positive societal impact. It reaffirms our mission to harness the power of artificial intelligence to drive meaningful change for our customers. Our vision for the future includes forging new partnerships, solving business problems, and pioneering AI-driven solutions. We remain committed to pushing the boundaries of innovation and leveraging AI to address global challenges.”
At the same event, Sridhar Mantha was conferred the ‘AI Leader of the Year’ award for delivering consistent and successful engagements and scalable business impact through AI & Analytics-powered offerings, solutions and platforms. Reflecting on his win, Sridhar said, “Receiving the ‘AI Leader of the Year’ award is a profound honor and an acknowledgment of our ongoing journey in AI innovation. Our newest business unit, Generative AI Business Services (GBS), is our first step in the journey towards exploring the new frontiers of AI, and driving significant value and outcomes. As we look ahead, we are excited to continue pioneering breakthroughs and shaping a future where AI enhances human potential.”
Congratulating Happiest Minds and Sridhar Mantha on the occasion, Sameer Dhanrajani, CEO, 3AI said, “Happiest Minds, with their newest business unit, ‘Generative AI Business Services,’ have showcased its foresightedness in curating novel approaches impacting change across industry segments and business functions. We wish them the best and look forward to witnessing how they drive AI innovation with integrity and purpose to solve large, complex, and unresolved problems through AI & Analytics.”
Happiest Minds has been lauded multiple times for its visionary nature, culture, and values. Some notable recognitions include the Top 50 India’s Best Workplaces™ in IT & IT-BPM 2023 and Top 50 India’s Best Workplaces™ for Building a Culture of Innovation 2023. The Top Firms to Work for in AI & Analytics award is an added feather in its cap for Happiest Minds.
Feb 26, 2024 | Uncategorized
Salzer Electronics Limited (BSE: 517059, NSE: SALZERELEC), a capital goods engineering Company offering total and customised electrical solutions, is happy to announce that it is establishing a Smart Meter manufacturing business in Coimbatore.
The cutting-edge smart meter factory is also backward integrated with Salzer’s existing Coimbatore factories, which have been manufacturing crucial electrical components for Smart Meters. This provides Salzer with a distinct strategic edge in terms of cost control, supply chain management, and Smart Meter quality assurance, while also demonstrating the company’s commitment to addressing India’s growing need for innovative energy management solutions.
This New smart meter manufacturing plant will have an annual production capacity of 4 million smart energy meters, which will be increased to 10 million smart energy meters in Phase 2. This facility will provide employment to approximately 1000 people at its full capacity.
India is seeing exceptional demand for Smart Energy Metres, which is projected at 250 million units initially, with a potential increase to 350 million metres during the next three years, because of the Revamped Distribution Sector Scheme (RDSS) launched by Government of India. As per Astute Analytica, India Smart Meter market is likely to reach $3.27bn by 2031 growing at a CAGR of 34.57% in the period 2023 to 2031. Salzer is well-positioned to help meet this need by modernising and improving the country’s energy infrastructure.
Commenting on this development, Mr. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said:
“I am pleased to announce the building of our new Smart Meter manufacturing facility. This investment underscores our commitment to innovation, and bringing in new products as and when opportunity arises.
We take pride in saying that Salzer will be contributing its part to the creation of a smart interconnected energy grid in India. We have already received BIS certification for our Single Phase Smart Energy meter. The first batch of smart meters is expected to roll out in Q1 FY25, from the new facility.
This Investment will provide the company with a competitive edge in the market, protect its intellectual property, and generate substantial revenue, thereby contributing to the Company’s future success.
I would like to thank the entire Salzer team and all our stakeholders for their hard work and support, which enables the Company to keep moving forward.”
