Kaynes Semicon To Invest INR 4,000 Crore On OSAT/ATMP

Kaynes Semicon, a subsidiary of Kaynes Technology, will invest INR 4,000 crore to set up a semiconductor OSAT/ATMP (assembly, testing, marking and packaging) facility in the next one to two years. Hyderabad, Ahmedabad and Bhubaneswar are the preferred locations for setting up the facility. "The investment will create around 1,000-plus jobs and in the next couple of months we are expecting the final approval from the government," said Raghu Panicker, CEO, Kaynes SemiCon. The semiconductor industry comprises companies that design, fabricate, assemble, test, and supply semiconductors that are suitable for various applications. At present, India employs around 20 per cent of the global chip design talent pool. "We have mastered the art of doing chip design in the last 30 years and we are a strong player second to none. The coming together of the government, academia and venture capitals helped in creating the ecosystem for semiconductor chip design and startups," he added. Additionally, Kaynes Technology would be investing around INR 200 crore in its research and development for OSAT projects. Top semiconductor manufacturers have their largest R&D centers in India leveraging the high quality of talent to develop chip designs and provide engineering support.India's automotive industry is growing and semiconductor applications in electric vehicles, autonomous driving, and in-car entertainment systems present significant opportunities, "We are working with customers for co-package optics (CPO) and we are addressing the power segment. Electric vehicles is one of the most prominent sectors and along with it we are also exploring opportunities in other industrial sectors such as sensor signal processing, high-end computing, among others," he explained. Sharing insights into why the backend of semiconductor manufacturing is gaining popularity, Panicker, said, "Backend of the semiconductor manufacturing is more people centric and less capital intensive than silicon fabrication. It is easier to get technology partners from south east Asia who are willing to work together."Kaynes Technology is also investing in a bare board printed circuit board plant with HDI (High-density Interconnect) technology; the company has already raised money for this investment. "We are actively looking at investment in silicon carbide fab, silicon fab and display fab. The silicon carbide fab will have close to 100 crore investment, the silicon fab will have an European tech partner and display fab will have a Japanese tech partner," according to sources aware of the matter. Kaynes Technology is a 38-year-old electronics manufacturing services company with manufacturing infrastructure in Mysuru, Bengaluru, Chennai, Pune, Manesar and Parwanoo with service centers in Mumbai and Kochi.Kaynes Technology is a 38-year-old electronics manufacturing services company with manufacturing infrastructure in Mysuru, Bengaluru, Chennai, Pune, Manesar and Parwanoo with service centers in Mumbai and Kochi.    

Former employees own 44 start-ups, eight backed by Binny Bansal

In the wee years of the millennium, two young former Amazon employees, Sachin Bansal and Binny Bansal, quit their jobs and founded their own e-commerce company Flipkart. The company grew by leaps and bounds and almost two decades later, a good number of Bansals’ former employees followed their paths, to start their ventures.  Popularly referred to as ‘Flipkart Mafia’, Flipsters (former Flipkart employees) now own 44 start-ups, based on the data by PrivateCircle Research. However, these are only the companies about which information is available publicly and the real number could be higher. Data from the analytics platform YNOS venture engine, on the other hand, shows that of these 44 companies, eight are backed by Binny. These companies cumulatively have a valuation of $25 billion. Six of them are unicorns, with PhonePe being the company with the highest valuation - $12 billion. The other unicorns are Groww ($3 billion), Udaan ($1.75 billion), Spinny ($1.55 billion), cult.fit ($1.3 billion) and Slice ($1.3 billion), in that order. PrivateCircle’s data shows that the formation of new start-ups by Flipsters has a co-relation with the company’s ESOP buybacks. In December 2017, Flipkart bought back ESOPs worth over $100 million from over 3,000 current and former employees. In May 2018, American multinational Walmart acquired a majority stake in Flipkart. That year, the company exercised another ESOP buyback worth $500 million. The year 2018 also marked the creation of six start-ups by former Flipkart employees, the highest until then. In 2019, the company, yet again, exercised an ESOP buyback worth $100 million. In that year, eight start-ups were created by former Flipkart employees, the highest to date. Amid the pandemic, seven flipster-backed start-ups were incorporated in 2020. Four start-ups each were created in 2021 and 2022. In 2021, too, the company exercised an ESOP buyback.      

EV vs ICE price parity for luxury cars unlikely in near future

Carmakers Tata Motors, MG Motor India and Mahindra & Mahindra are narrowing the price gap between their electric vehicles and petrol and diesel models amid softening battery prices, but luxury carmakers do not expect such price parity any time soon. That is mainly because luxury battery electric vehicles (BEVs) are mostly imported into India, attracting up to 100% tax, and their sales volumes are too low to make local assembling viable for most models, industry executives and analysts said. “The cost of EVs in the luxury segment is much higher because of it being an expensive technology and lower volume,” said Vikram Pawah, president at BMW Group India. “So, it would take some time before the EV prices come on par with on-road prices of internal combustion engine (ICE)-powered models,” he said. Santosh Iyer, managing director and CEO of Mercedes India, said, “I don't see that (price parity) happening in the near future as BEVs in the luxury segment have much more technological advancements compared to the EVs in the mass market.” That said, electric vehicles do benefit from a lower GST of 5% and are exempt from road tax in some states. Such incentives have helped take the EV penetration in the luxury segment to 4% in 2023 against less than 2% in the mass car segment. Puneet Gupta, director at S&P Global Mobility, an automative research and analytics arm of S&P, said the price parity between EV and ICE in the luxury segment is still far away barring few high-end models and is likely to remain like that unless localisation takes off.  

Aston Martin Unveils Its Contender For 2024 F1 Season; The AMR24

Aston Martin, the Silverstone-based Formula 1 team, has pulled the covers off its latest challenger, the AMR24, marking a significant milestone in their quest for championship success. Described as a "strong evolution" of its predecessor, the AMR24 emerges from the shadows of a season filled with both triumphs and tribulations in 2023. The journey of Aston Martin in the previous season resembled a rollercoaster ride, with a promising start giving way to challenges in maximising upgrades as the year progressed. However, armed with invaluable insights into their development missteps, the team is poised to turn the tide with its revamped car, set to hit the Silverstone track on Monday.  The AMR24 showcases refinements across various aspects, with notable changes evident in its nose and front wing, aimed at enhancing outwash and overall aerodynamic efficiency. Additionally, Aston Martin has embraced a push-rod rear suspension configuration, courtesy of Mercedes customer parts, signalling a departure from its previous setup and a step towards aligning with the technological advancements sweeping through the sport. Dan Fallows, the technical director at Aston Martin, emphasised that while significant changes have been implemented, the AMR24 remains firmly rooted in the foundation laid by its predecessor, the AMR23. Fallows highlights the importance of driver feedback, particularly from the seasoned campaigner and two-time world champion Fernando Alonso, in identifying and addressing performance gaps, notably in achieving optimal straight-line speed and cornering prowess. Critical to Aston Martin's overarching strategy is ensuring AMR24's capacity for ongoing development throughout the season. Fallows underscores the importance of maintaining competitiveness in the fierce in-season development race, drawing crucial lessons from previous campaigns and acknowledging the relentless pursuit of performance enhancements. The unveiling of the AMR24 not only showcases Aston Martin's technological prowess but also sheds light on broader trends within the F1 landscape. The team's adoption of a push-rod rear suspension confirms a key shift also observed in Mercedes' upcoming W15 car, indicative of a concerted effort to overhaul performance strategies and adapt to the evolving demands of the sport.   Meanwhile, Fernando Alonso's future in Formula 1 remains a topic of intense speculation, with the seasoned driver expressing a preference for Aston Martin should he decide to extend his tenure beyond the current season. However, Alonso concedes the need for careful consideration, balancing his unwavering passion for racing with personal priorities and long-term aspirations.  

Karnataka in tie-up with Coffee Board to train 1 lakh women entrepreneurs

Karnataka in collaboration with Coffee Board plans to train one lakh women members of self help groups (SHGs) as coffee entrepreneurs in the state.Karnataka, the largest producer of coffee in India, plans to train 100,000 women from self-help groups (SHGs) as coffee entrepreneurs in an effort to empower and boost the coffee industry. The state, in collaboration with the Coffee Board, will also set up 2,500 coffee kiosks managed exclusively by SHG women. Karnataka accounts for over 70% of the country's coffee production, with coffee being grown in over 2.46 lakh hectares in the state. The majority of coffee growers in Karnataka are small growers. The Coffee Board is in regular discussions with the State Rural Livelihood Mission to create women coffee entrepreneurs, and with the formal announcement made in the state budget for 2024-25, the initiative will be implemented in the coming year. The coffee industry in Karnataka provides employment to over 5.19 lakh people on a daily basis. The poultry industry in India is urging the government to allow the import of genetically modified (GM) maize and soyameal due to strong competition for maize supplies from ethanol-makers. The industry heavily relies on maize for its feed requirements and believes that importing GM maize and soyameal, as well as introducing high-yielding GM seeds, will increase productivity. Suresh Chitturi, Managing Director of Srinivasa Farms and Co-Chair of CII’s National Committee on Animal Husbandry and Dairy, highlighted the success of the Green Revolution in increasing wheat and paddy productivity through the introduction of high-yielding varieties. The poultry industry also called for measures to increase maize production from 30 million tonnes to 40 million tonnes. The demand for maize from the poultry industry is expected to grow by 1 million tonnes annually, while the country's maize usage for ethanol production is projected to increase from 0.8 million tonnes to 10 million tonnes by 2027-28. The per capita egg consumption in India has reached 101 eggs and is expected to rise to 180 eggs in the next 6-7 years due to increased awareness of immunity and protein intake. sources      

Get a Wireless, Speedy Charger for iPhones for $40

The life of a business leader or entrepreneur can be quite demanding and high stakes. When you're trying to build something or maintain its growth, you need to protect yourself from all possible hazards, even something as simple as your phone dying during an important meeting or sales opportunity. To help you stay connected, you can get this Speedy Mag Wireless Charger for iPhone, which is on sale for just $39.99 (reg. $119) during our Presidents' Day sale. Its wireless design works with a solid, sleek, and slim charging base that you can rest your iPhone on for rapid charging to keep you juiced when you're holding that same phone up to your ear. Despite its slim design, the charging base can be trusted to keep your phone securely on it with its strong magnetic absorption features. While it is capable, fast-moving, and affordable, this Speedy Mag Wireless Charger is also safe. It comes with built-in preventative features to stop your device from overcharging or overheating. Entrepreneurs and business leaders, your time is your greatest asset. If you're not thinking ahead about ways to protect that time, even in as simple terms as having a reliable and transportable phone charger, then you're not giving yourself or your business the best odds of success. Turn that corner with this special deal. Don't miss your chance to get this Speedy Mag Wireless Charger for iPhone, which is on sale for just $39.99 (reg. $119) during our Presidents' Day sale — a price that beats Walmart's!  

Creating Spaces, Crafting Success: Mudasir Ali Shah And The Location Interiors

Our Features Editor, Sherlyn Gomes, had the opportunity to engage in an insightful interview with Mudasir Ali Shah, COO of The Location Interiors. He stands out as a prominent leader with an outstanding record spanning more than twenty years in profit center management, strategy planning, sales and marketing, business development, and training and development. Boasting a robust corporate background, Mudasir has effectively led teams across varied regions, such as the Middle East, North Africa, the UK, and Asia. Absolutely, my upbringing in an English boarding school instilled a strong sense of discipline and leadership. The early mornings at 5 a.m., the strict rules, and even the meticulous bed-making taught me valuable life skills. Climbing the ranks from house captain to head boy during that time gave me a taste of responsibility and leadership, which still guides me today. Starting at Microsoft, which is known for exceptional customer service, set a high standard for me. Transitioning to banking provided insights into financial transactions and industry intricacies. Later, in the real estate industry at Emaar Properties, I played a role in launching iconic structures like the ‘Burj Khalifa.’ Each phase added a layer to my skills, from customer service excellence to understanding the technical facets of real estate. My family’s construction legacy inspired me, but I also inherited the artistry of crafting from my paternal ancestors. Combining these influences, I found my passion in interior design. In 2014, I founded The Location Interiors with a clear vision to be a profit-centric platform for all stakeholders, creating spaces that inspire and evoke emotions. We collaborate with designers from Italy, France, Persia, and Asia to bring a unique, international perspective to our projects. This diversity ensures a rich variation of designs that cater to a broad range of tastes and preferences worldwide. True success comes from seeing things through to the end. It involves transitioning from a mindset centered on patience, consistency, and resilience to one that thrives on flexibility and a flow-oriented approach. Success is a marathon, not a race.Transparency and meticulous planning are fundamental to overcoming challenges. By ensuring a solid foundation from the start, many challenges can be preemptively avoided. We commit to providing transparent, reliable information that empowers clients and partners, contributing to their success and ours.   

Focus on Software: Top Picks This Week

 The global software market is rapidly advancing, buoyed by robust software demand from individuals and businesses, and this continuing growth trajectory demonstrates the massive growth prospects of the industry. Given this backdrop, quality software stocks Workday, Inc. (WDAY), GoDaddy (GDDY), and Smartsheet Inc. (SMAR) could be wise portfolio additions this week. The software industry worldwide is witnessing a remarkable expansion, propelled by the rising demand for digital transformation across diverse industry sectors. Moreover, the industry is primed for robust development with the integration of cutting-edge technology. Therefore, fundamentally robust software stocks Workday, Inc. (WDAY), GoDaddy Inc. (GDDY), and Smartsheet Inc. (SMAR) could be solid buys now. The software industry plays a vital role in economic advancement and shows promising potential for persistent escalation in the upcoming years. Gartner forecasts worldwide software spending to reach $1.03 trillion in 2024, up 12.7% from the previous year. Furthermore, the global software market is expected to reach $1.79 trillion, growing at a CAGR of 11.7% by 2032. As per Gartner, there is also an imminent surge anticipated within IT services in 2024, and for the first time, this sector is set to become the largest segment of IT expenditure. An 8.7% growth is anticipated in 2024, taking the IT services spending to an estimated $1.50 trillion. This increase can be attributed largely to businesses investing in improvements to their organizational efficiency and optimization projects. The forecasted IT spending growth could act as a stimulus for digital transformation across various industries. The rapid digitalization within organizations, coupled with the increasing adoption of advanced technologies such as AI, Cloud, and IoT, encourages progression. Additionally, the need to analyze voluminous business data and swiftly integrate multichannel touchpoints into a unified platform also contributes significantly to the escalating growth and profitability of the software industry.  

Elite 4 Biotech Stocks to Buy Now for Explosive Returns

With a wide range of applications across sectors, including health, agriculture, and industrial processing, rapid technological adoption, and government support, the biotech industry's prospects appear promising. Thus, investors could consider buying biotech stocks Corcept Therapeutics (CORT), Jazz Pharmaceuticals (JAZZ), Incyte (INCY), and Exelixis (EXEL) for substantial gains. The biotech industry's long-term outlook looks robust, driven by the growing need for personalized treatment options, rapid adoption of agricultural biotechnology to increase the productivity of crops, ongoing technological breakthroughs and innovation, and favorable government policies. Given the industry tailwinds, it could be wise to invest in fundamentally sound biotech stocks Corcept Therapeutics Incorporated (CORT), Jazz Pharmaceuticals plc (JAZZ), Incyte Corporation (INCY), and Exelixis, Inc. (EXEL) for significant returns. Biotechnology has a wide range of applications in several sectors, ranging from healthcare to food & agriculture and industrial processing. Growing reimbursement policies and supportive government initiatives promoting regulatory modernization will propel the biotech industry's growth. The increasing need for personalized medicine and a growing number of orphan drug formulations to combat the rising prevalence of chronic and rare diseases are opening new avenues for biotechnology applications and are boosting the influx of emerging and innovative biotech companies.  

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Yes, Bank Announces senoir - level appointments

"Senior Group President of Governance and Controls Rajeev Uberoi appointed Anurag Adlakha becomes the next senior group president and head of strategy and financial management. Mumbai: Rajeev Uberoi was named senior group president for governance and controls and Anurag Adlakha was named senior group president and head of financial management and strategy by Yes Bank on Monday. Uberoi will be in charge of management governance, compliance, vigilance, legal (general counsel), company secretarial, and control responsibilities at Yes Bank. Uberoi was previously in charge of legal and audit at IDFC Bank. Adlaka, the former CFO of Jana Small Finance Bank, will be in charge of boosting Yes Bank's bottom line. According to a press release from the bank, both of the top personnel will answer directly to Ravneet Gill, managing director and chief executive officer. Additionally, the Yes Bank board of directors made it clear that the lender's liquidity and operational performance were strong, and that its financial condition was ""sound and stable."" To approve the financial results for the quarter that ended on June 30, 2019, the board will convene on July 17. In addition, the bank denied ""unfounded speculation about, among other things, the bank's asset portfolio, future growth prospects, Board & management stability."" Yes Bank shares were trading at ₹93.40 on the BSE at 11:45 a.m. In order to ratify the financial results for the quarter that ended on June 30, 2019, the Yes Bank board will convene on July 17 (Bloomberg file)"

IGT Solutions Announces CEO Succession Plan

"With effect from April 1, 2024, IGT Solutions, a global provider of AI-led BPM and Digital Services & Solutions, announced today that Katie Stein will take over as CEO. Effective February 14, 2024, she will become a CEO Designate of IGT Solutions. Katie joins IGT Solutions with strong subject expertise and a disruptive business leadership style. Katie most recently held the position of global. ""I would like to thank Vipul for his more than two decades of leadership on behalf of the entire company and the Board of Directors,"" stated John Del Santo, the IGT board chair. ""Katie, who has a fantastic track record of client service, leadership, and shown achievement, is also welcomed. IGT Solutions' extensive strengths in AI-led BPM and Digital Services & Solutions may reach new heights of expansion thanks to Katie's vision and experience."" ""I am honoured to join IGT Solutions at this exciting time for our employees, clients and partners,"" stated Katie. ""IGT Solutions' deep domain expertise, innovative culture, and technological prowess in assisting clients in addressing their particular industry challenges are admirable.IGT Solutions has cultivated a stellar clientele of high-profile companies in the travel and tech sectors, at a time when having a close relationship with clients is more crucial than ever. This is a fantastic starting point for our next round of development. ""I had a goal when I joined IGT Solutions: we were going to be our clients' and workers' go-to partner. With more than 25,000 workers worldwide, IGT Solutions is currently the top service provider for our travel and high-tech clients', stated departing CEO Vipul Doshi. "I welcome Katie to the CEO role and wish her the best in her efforts to lead the company to greater milestones in the future."" Concerning IGT Solutions Global companies entrust their transforming experiences to IGT Solutions, a next-generation customer experience (CX) provider. It accomplishes this by fusing digital and human intelligence with cutting-edge technologies. For managing end-to-end customer experience journeys across sectors, IGT Solutions is the go-to partner. IGT was founded in 1998 and currently operates 31 global delivery centres across 13 countries, serving client processes with over 25,000 CX professionals and over 90 worldwide marquee customers. Digital transformation, systems integration, platform solutions, industrial and enterprise solutions driven by AI/ML and Gen AI, intelligent automation and analytics, and a comprehensive range of BPM services and solutions are among the services provided by IGT Solutions. "

At Rozgar Mela, around 100,000 new recruits receive appointment letters.

As part of the Center's Rozgar Mela, Prime Minister Narendra Modi handed appointment letters to nearly 100,000 recently hired employees on Monday.As part of the Center's Rozgar Mela (job fair), New Delhi Prime Minister Narendra Modi on Monday gave appointment letters to nearly 100,000 recently hired employees in various government ministries and organizations.The prime minister announced during a virtual meeting that the government has expedited the appointment process. "Previously, it would take a long time to release job adverts followed by appointments. Because of this, bribery was widespread. The appointment process has been expedited by our administration and is now transparent and time-bound. Youth employment is growing quickly under our government," Modi stated, noting that during the past ten years, the government has hired 1.5 times as many people as it did under prior administrations.According to officials with knowledge of the situation, the new hires will work in the departments of tax, financial services, atomic energy, home, defense, health, tribal affairs, and railways, among other ministries.Modi congratulated the new appointments and stated that they were now contributing to the nation's development. "Remember that the work you do every day is for the development of the nation, regardless of the department you work in," he stated.Modi used the introduction of a new budget that included 10 million rooftop solar plants as an illustration of innovation. The program has several advantages. There won't be any bills for anyone who utilize the solar panels. By providing electricity to the grid, they will also be able to make money. People will also be able to obtain employment in the industry. It might have to do with batteries, wiring, or solar panels. All of this will lead to job creation and lakhs of new jobs, he declared.The Prime Minister stated that a large number of the new hires would be joining the Indian railroads, adding that prior to 2014, the railroads received little attention. Instead, his government concentrated on electrification, doubling rail lines, announcing new trains, and enhancing passenger amenities."Indian railroads are going through a major transition, and within the next ten years, the industry will undergo a total makeover. Prior to 2014, the government paid little attention to trains' cleanliness, timeliness, or both. The way people travel has changed due to our administration. He stated, "We have already disclosed the preparations being made for the 40,000 new bogies that will be added to the other trains operating on the Vanda Bharat Express train lines."According to the PM, in order to swiftly fill positions in the forces, the government changed the recruiting procedure, and many of the new recruits would join paramilitary groups.  

Katrina Kaif Joins Chennai Super Kings as Brand Ambassador for IPL 2024

League (IPL) season 2024. Chennai Super Kings (CSK) has officially announced the appointment of Katrina Kaif as its brand ambassador. the upcoming Indian Premier League (IPL) season 2024. This partnership is a significant milestone for the five-time IPL champions, marking a new chapter in their glorious journey. One of the most popular actresses of Bollywood CSK new face Katrina Kaif who is the new face of Chennai Super Kings is all set to bring her star power to the world of cricket. Known for his charismatic presence and huge fan base, Kaif's association with CSK is expected to increase the team's appeal and strengthen its bond with fans across the globe. strategic partnership with Etihad Airways The announcement of Katrina Kaif as the brand ambassador follows the recent sponsorship agreement between CSK and Etihad Airways. This strategic partnership is in line with the team's vision to expand its global reach and enhance the brand. Notably, Katrina Kaif also serves as the brand ambassador for Etihad Airways, making this collaboration smooth for all concerned.. Refreshing the identity of Team's Identity Chennai Super Kings also unveiled an updated jersey logo in anticipation of the IPL 2024 season. This update reflects the team's commitment to evolving the brand's identity while staying true to its core values ​​and heritage. Fans can expect their favorite players to wear the new shirt, symbolizing a new start and new goals for the championship. Chennai Super Kings (CSK) has officially announced the appointment of Katrina Kaif as its brand ambassador for the upcoming Indian Premier League (IPL) season 2024. The partnership is a milestone for the team, marking a new phase in its journey..Bollywood actress Katrina Kaif is likely to join beloved Indian Premier League team Chennai Super Kings as their brand ambassador. MS Dhoni's CSK will enter the upcoming IPL 2024 edition with the addition of the defending champions and Katrina Kaif to the franchise adding to their already huge brand value. According to a report by ABP News, the five-time IPL champions will also change their logo ahead of the next edition of the cash-rich league. CSK made it to the finals 12 times in fourteen seasons, cementing their position as a permanent contender for the IPL trophy. The MS Dhoni-led side shares the record for most wins with Mumbai Indians (MI) in the history of the tournament..  

ICAI selects Charanjot Singh Nanda as Vice President and Ranjeet Kumar Agarwal as President.

Agarwal has worked as an accountant for the past 24 years. He is also the Company Secretary and DISA of ICAI. The Institute of Chartered Accountants of India (ICAI) today elected Ranjeet Kumar Agarwal as its new president. Communication was transferred from Aniket S. Talat to CA Ranjeet. He took over as the 72nd Chairman of ICAI. A graduate of Calcutta University, Agarwal has worked as an accountant for the past 24 years. He is also the Company Secretary and DISA of ICAI. He was elected three times consecutively to the 23rd, 24th and 25th Central Council of ICAI. Agarwal was a member of the central council from 2016 and then vice president from 2023-24. ICAI is chaired by CA. Ranjeet Kumar Agarwal is now Chairman of all the Standing Committees viz. Executive Committees, Finance, Disciplinary and Inquiry Committees and ex-officio members of all non-standing Committees and Editor of ICAI Journal. Accountant He is also the Chairman of ICAI Research Division, Accounting Research Foundation (ICAI ARF) and Extensible Business Reporting Language (XBRL) in India. He is also the Board Director of Indian Institute of Insolvency Professionals (IIIPI) of ICAI.. Additionally, Charanjot Singh Nanda was elected as the Vice President for the year 2024-25. He completed his BCom from M L N College in 1987 and topped the Kurukshetra University merit list for all three years. He also held a CA Inter qualification and completed his Chartered Accountancy in 1991. Earlier, Nanda was appointed as a member of the Central Council of ICAI India. He was also the Chairman of Digital Accounting and Assurance Council of ICA India, Commission on Financial Markets and Investor Protection and Vice Chairman of Board Internal Audit and Management Accounting. In addition, he was also the chairman of SAFA's IT committee. The CA Institute has a new President in Ranjeet Kumar Agarwal for the 2024-2025 Council year. He became the 72nd President of the Institute of Chartered Accountants of India (ICAI), the world's largest accounting body, on Monday. An experienced professional with strong organizational skills, a drive for excellence and academic prowess, CA. Ranjeet Kumar Agarwal will be the 72nd President of the Institute of Chartered Accountants of India for the year 2024-2025. His long association with the Institute spans the ages when he was elected to three consecutive terms on the Council, viz. the 23rd, 24th and 25th Central Council, preceded by two consecutive terms on the Regional Council. Showing enthusiasm and commitment to keep pace with technological developments, he is actively involved in the integration of artificial intelligence and automation to build a futuristic workplace and workforce with an emphasis on continuous training, upskilling and retraining. ca. Ranjeet Kumar Agarwaland#039's forward-looking approach and unwavering commitment to a breadth of innovative concepts, exemplified by his keen use of modern technology, make him a guiding force and an inspiration to all..  

As a brand ambassador, IRS Officer Narendra Kumar Yadav spearheads the Fit India movement.

The Fit India Movement broke with tradition when it named IRS officer Narendra Kumar Yadav as its new brand ambassador. This ground-breaking decision calls attention to the variety of routes that lead to fitness and forces us to reconsider what it means to set an example for a healthier India.A Civil Servant with a Passion for Fitness: Mr. Yadav represents a distinct narrative. In 2009, he became the youngest Indian Revenue Service (IRS) officer in history. He has developed a strong enthusiasm for exercise and health while also succeeding in his challenging profession in the public service. He actively promotes mindful living, a balanced approach to fitness, and good diet as holistic wellness practices.Why Is This Meeting Important?The Fit India Movement made a wise decision that has multiple benefits: Extending the Concept of Fitness: By choosing Mr. Yadav, the movement recognizes that fitness isn't just for fitness influencers or professional athletes. It highlights that everyone can exemplify the qualities of physical and mental well-being, regardless of background or occupation. Inspiring Youthful Engagement: Younger generations are influenced by Mr. Yadav's youthful enthusiasm and personable manner, which motivates them to place a high priority on their health and fitness from an early age. Encouraging a Balanced Approach: Mr. Yadav places a strong emphasis on holistic wellness, which highlights the value of both physical activity and mental and emotional health. This wider viewpoint is relevant in the fast-paced world of today. Promoting Inclusivity: By showing that people from different backgrounds can work together, this appointment sends a strong message of inclusivity.  

Mumbai will host the opening of Indias first small animal hospital by Tata Trusts.

With great vision, Tata Trusts and philanthropist Ratan Tata have launched the country's premier small animal hospital in Mahalaxmi, Mumbai. The hospital, which has more than 200 beds, guarantees 24-hour services to protect the health of animals.This cutting-edge facility, which spans an amazing 98,000 square feet over five storeys, is the pinnacle of pet healthcare excellence. The hospital, which is slated to open in March 2024, has the potential to completely transform the pet healthcare industry.The hospital is scheduled to open in March of 2024. Mumbai: In Mahalaxmi, Mumbai, Tata Trusts is going to open the nation's first cutting-edge small animal hospital. This is the first hospital of its sort, covering more than 98,000 square feet across 5 stories and housing more than 200 beds.Mumbai: In Mahalaxmi, Mumbai, Tata Trusts is going to open the nation's first cutting-edge small animal hospital.This is the first hospital of its sort, covering more than 98,000 square feet across 5 stories and housing more than 200 beds.The facility, which is modeled after the super specialty hospital that former Tata Group Chairman and philanthropist Ratan Tata envisioned, would offer 24-hour care by veterinarians, nurses, and technicians who have received specialized training in caring for animals.MUMBAI: In March, Ratan Tata's ambition of opening a veterinary hospital in Mumbai will finally come true, a little more than ten years after he first announced his plans and in spite of a number of challenges. Under Ratan Tata's direction, the newest gem in the Trusts' crown will be the Tata Trusts Small Animal Hospital, one of the biggest in India.The Trusts have previously constructed the Indian Institute of Science in Bengaluru, NCPA, Tata Institute of Social Sciences, and Tata Memorial Hospital—India's first cancer care facility.Tata Trusts will open the nation's first cutting-edge small animal hospital at Mahalaxmi in Mumbai. This unique hospital has more than 98,000 square feet spread over five stories and can accommodate more than 200 beds. The institution, which is modeled after Ratan Tata's idea of a super specialty hospital for animals, will offer 24-hour services by means of veterinarians, nurses, and technicians who have been educated to treat patients with the goal of saving lives. The hospital is scheduled to open in March of 2024. Tata stated, "Pets are our family and their lives matter to every pet parent," in reference to the impending launch. Upon observing the dearth of pet-related infrastructure in India, I couldn't help but question why in suchAs one of India's top philanthropic organizations, we recognize the interdependencies between human and animal health and are dedicated to raising the standard of pet healthcare in the nation. Dr. Thomas Heathcote, Chief Veterinary Officer of the Advanced Veterinary Care Facility (ACVF), commented on the initiative. The hospital, which is scheduled to open in stages, will provide complete sophisticated healthcare for dogs along the whole spectrum, including high-level nursing care, diagnostics, treatment, and problem-solving. We also intend to foster a strong veterinary ecosystem in the city and run joint training programs in the upcoming months with Royal Veterinary College, London, the best veterinary school in the world. The facility is located on an acre of property that Tata Trusts' Advanced Veterinary Care Facility (ACVF), located in Mahalaxmi, was given by The Municipal Corporation of Greater Mumbai (MCGM). Phased rollout is planned, with a few facilities going live on day one: 24/7 triage and treatment services for emergency and critical care; inpatient and intensive care units (ICUs), including isolation units; surgery (soft tissue surgery, orthopedics, etc.); pharmacy services; diagnostics - radiology & imaging (MRI, X-ray, CT scan, & USG); laboratory - hematology, microbiology, cytology, clinical pathology, biochemistry, histopathology, and anesthesia;.  

The Week That Was: Indian Women Empowerment News Overview

Women's empowerment is the process of establishing conditions that allow women to exercise their legal rights, take charge of their own lives, and make choices that have an impact on those lives. Giving women equal opportunities in every section of society is the ultimate objective of empowering women. Their choices should be respected and valued on an equitable basis. Indian ladies have the potential to succeed in anything they set their minds to. Regardless of their age, societal norms, or any other conditions, they are showcasing their skills to the world. This week, womenentrepreneurindia.com revealed some of the stories of these accomplished women. The woman robot astronaut, "Vyommitra" is about to set on an amazing space mission. India's space exploration activities would be significantly advanced by Vyommitra, which was designed by the Indian Space Research Organisation (ISRO). India's first human-manned space flight, ISRO's 'Gaganyaan' mission, will have her during the space expansion. The World Defense Show 2024, organized by Saudi Arabia in Riyadh, showcases global defense advancements and provides a platform for networking, partnering, and sharing knowledge. It features women officers, promoting gender diversity and representation in the defense industry. Women officers will showcase Nari Shakti, promoting gender diversity and representation in defense, attended by top military leaders, government officials, and industry captains. U.N. Women is collaborating with Kerala to support the Safe City project and establish a gender data hub. The initiative aims to create safer urban spaces for women and girls by addressing sexual harassment and violence in public areas.U.N. Women will offer expertise and guidance to improve the Safe City project's execution. This covers methods for preventing and handling sexual harassment in public areas. Working closely with the State's gender parks, which provide forums for advancing women's empowerment and gender equality, acts as a key component of the partnership. The U.N. Women's delegation suggested that the State will look into issues about online spaces and treat them as public spaces. In order to address digital safety and ensure women's well-being, this recognition is essential. The Indian women's hockey team lost for the third time in a row in the Women's FIH Pro League 2023-24. The Indian squad dropped 3-0 against the World No. 3 Australia Women’s Hockey team in the match played in Bhubaneswar's Kalinga Stadium. India geared up with a fast start, scoring a penalty corner in the third minute but gradually lost the match. The "Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)", a significant sub-scheme under the PM Matsya Sampada, has received approval from the Union Cabinet. With investments worth more than Rs 6,000 crore, this initiative seeks to regulate the fishing industry and assist small businesses throughout all states and union territories between 2023–2026.    

Lessons on entrepreneurship from the ‘wisdom generation’

Entrepreneurs often conjure up images of people who are young. But, in reality, people sometimes also choose to start a business after working for years under somebody. Some even take this path after retirement.While these people may not show the energy of a young person, remember that they offer an unparalleled advantage because of years of expertise and experience. Some companies like WisdomCircle even help people over 55 years — it terms them as part of the “wisdom generation” — find meaningful work opportunities. Life before entrepreneurship: Srivastava is an experienced marketing, advertising and branding professional with an eye for spotting and developing ideas and concepts. He worked in these areas for 36 years. One of the stints got him a mandate to set up an agency in India where he worked on automotive as well as D2C marketing with multiple initiatives across social and digital media, data analytics.Life as an entrepreneur: Srivastava became an entrepreneur in 2023 when he set up a brand strategy and creative ideas boutique with the aim to make consumer behaviour a part of marketing focus. Challenges of starting a business late: The biggest challenge is initial inertia. Once you overcome that, the whole prospect of working with a lean team. From an MD’s mindset of presiding and guiding, one has to move to a thinker and doer on-the-fly-kinda persona. Another challenge is to keep the value proposition of the business entity on a par with the competition from the word go. What did you learn along the way: Persistence pays. One needs to ride through setbacks and delays; take encouragement from one’s track record. Build a committed core team that believes in the venture. Build a young team as they are far more resilient & diligent, and are digital natives.