Category: Business

Aamashop: Online Shopping Store Offers online platform For Retailers, Sell-From-Home sellers to Increase their Business area by giving them a Reliable and profitable Online platform for B2C segment

 December 18: Aamashop: Online Shopping Store, Founded by Neel Bhalodiya, Anuj Bhalodiya and Alpesh Bhalodiya back in 2019, is an E-commerce platform for Online Buying and Selling across India. There are more than 1,800+ categories available to sell and buy from. From Electronics, Fashion, Furniture, Clothing, Pet Supplies, Books and sports, everything is available on Aamashop. Head Office in Himatnagar, Gujarat and Office in Ahmedabad, Gujarat aamashop Provides free-of-cost profitable Online platform for Indian Sellers. With its seller-friendly policy for online selling, Aamashop is becoming an attractive platform for online sellers across India.

As a B2C platform, Aamashop has many different features for customers except only online shopping like Live Darshan, BID feature, Pink pages: Local Search Engine, Refer and Earn to give their customers the best shopping experience with lots of other benefits. Both Seller and Customer focused platform Aamashop has made it very easy for sellers to start their business online. Aamashop has Payment Features like Cash on Delivery (COD), UPI, Wallet, Credit and Debit Cards with delivery to more than 36,000 Pin codes across India.

With a 1^st time in the world, Aamashop has introduced the Dealership/Franchise Concept of a Website. Yes, A Dealership/Franchise of Aamashop (E-commerce Website) at Taluka, District and State level in India. With this, Aamashop aims to reach and make its presence in both online and offline segments. With this unique concept of aamashop it is likely to grow at a faster rate maintaining its service quality and good relations with its customers and sellers, ensuring better shopping and delivery experience.

As most Indians have started shopping online rather than stepping outside their houses, the Indian e-commerce sector witnessed an increase. India’s e-commerce festive sale season from October 15 to November 15 in 2020 recorded Rs. 58,000 crore (US$ 8.3 billion) worth of gross sales for brands and sellers, up 65% from Rs. 35,000 crore (US$ 5 billion) last year. Also, the increasing online business has made it unavoidable for retailers to go online and expand their business and with such benefits from Aamashop. Retailers, as well as Sell-From-Home sellers, are most likely to start online selling with aamashop.

Since 2014, the Government of India has announced various initiatives, namely Digital India, Make in India, Start-up India, Skill India and Innovation Fund. The timely and effective implementation of such programs will likely support the growth of E-commerce in the country.

The E-commerce industry has been directly impacting micro, small & medium enterprises (MSME) in India by providing means of financing, technology and training and has a favourable cascading effect on other industries as well. The Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second-largest E-commerce market in the world by 2034. Technology-enabled innovations like digital payments, hyper-local logistics, analytics-driven customer engagement and digital advertisements will likely support the growth in the sector. The growth in the E-commerce sector will also boost employment, increase revenues from export, increase tax collection by exchequers, and provide better products and services to customers in the long term. The rise in smartphone usage is expected to rise 84% to reach 859 million by 2022.

Aamashop Applications: Aamashop has 3 Applications:

1^st – Aamashop: Online Shopping Store (For Customer).

2^nd – Aamashop Seller App (For Seller/Vendor).

3^rd–Aamashop Salesman App (For Sales Person)

https://play.google.com/store/apps/dev?id=4655557154289658717

Aamashop Website: https://www.aamashop.com

New Delhi (India), December 17: Akums Drugs and Pharmaceuticals Ltd., one of India’s largest Contract Drug Research and Manufacturing Organizations (CRAMS), has won the prestigious Business Excellence Award 2021 from CIMS Medica during India Pharma Expo as a Leader in pharma manufacturing and innovation.

The 10th edition of the annual award recognizes Akums Drugs’ contribution to the healthcare sector. It also acknowledges Akums Drugs & Pharmaceuticals Ltd for excellence in pharma manufacturing and innovation.

The company offers exclusive services in the field of commercial drug development from the point of formulation till its market launch. The organization has 13 advanced manufacturing units, which collectively are producing 12 per cent of the nation’s drug supply.

The organization offers a comprehensive range of services starting from formulation development to market launch all en suite.

Commenting on the award win, Mr. DC Jain said, “Platform like these recognises people and motivates them to do better while continuing to inspire others. We feel humbled and further motivated to serve our nation and take its name across the world..”

“In a span of 17 years, Akums has become a highly reputed contract manufacturing pharma company of India for its high-quality products and unique business acumen. Currently, Akums is manufacturing more than 12 per cent of India’s total medicinal requirement. Products manufactured by Akums are being preferred by the medical fraternity because of their trust in the efficacy, safety, and quality of formulations. We want to leapfrog and further establish our leadership position as India’s largest & most trusted Pharma CRAMS Company, while also contributing towards AtmaNirbhar Bharat and creating employment opportunities”, Said Arushi Jain – Executive Director – Corporate Growth.

Indian Pharma Expo: The best trade show for pharmaceutical and healthcare industries

Indian Pharma Expo (IPE) provides an opportunity for the participating companies to display their products & services to the gamut of visitors globally from the pharma and healthcare industries.

With Indian Pharma Expo, the benefits are bound to get augmented with the presence of eminent personalities from various sectors of pharma, non-pharma, and healthcare industries. It will gather representation from various companies like pharma manufacturers & marketers, packaging solution providers, machinery solution providers, franchise companies, and many more under one roof.

IPE is one stop juncture to all those who are planning to expand their business through various channels of franchise and distribution; as well as wholesalers and hospital purchase personnel who seek to buy bulk products at concessional rates.

Incorporated in 2004 by brothers Sanjeev and Sandeep Jain, Akums Drugs is one of the largest contract producers catering to domestic and multinational pharmaceutical companies, which together produce about 12% of all drugs consumed in India. The company’s clients include pharma companies such as Cipla, Cadila Pharmaceuticals, Glenmark, Novartis, and Mylan.

Akums attributes its success to its 15,000+ employees. Akums has plant-wise R&D and F&D departments equipped with best in class technology and manpower. It has appointed well-experienced, qualified, and competent technical personnel in departments like Quality Assurance, Quality Control, Production, Personnel & Administration, Engineering, Warehouse, and more. New products developed and offered by Akums are at par with global companies with 830 DCGI approvals, 535 FSSAI approvals, 4 patent grants, and 74 filed patents.

The company began with a single manufacturing unit and today owns ten state-of-the-art manufacturing facilities that are equipped to produce all modern dosage forms such as tablets, hard gelatin capsules, soft gelatin capsules, powder in sachets, liquid syrups and suspensions, injections, eye/ear drops, ointments, creams, gels, lotions, ayurvedic and herbal preparations, nutraceutical and cosmetic preparations and many more.

Accolades for Akums

Akums has consistently strived towards achieving the highest standards of quality, at par with international benchmarks. Some of the awards presented to Akums for their excellent performance across diverse areas of work and production are:

* INDIA PHARMA LEADER AWARD by Department of Pharmaceuticals, Government of India, consecutively for 2 years.

* National Award for Excellence in Product Quality and Outstanding Entrepreneurship by Government of India.

* Best Emerging Companies Excellence Award and Best Corporate Governance Award by Business Today.

* India Pharma Award for Excellence in Contract Research – Formulation Development by UBM India consecutively for 3 years.

* The company’s growth and contribution to the pharmaceutical industry earned it a well-deserved position in the list of India’s Next Fortune 500 companies, with an overall sector ranking of 3.

Pune (Maharashtra) [India], December 17: Bajaj Allianz General Insurance, one of the leading private general insurers of India, today announced the launch of its unique ‘Health Prime’ rider. This rider can be availed along with the company’s health insurance and personal accident policies. The idea behind this rider is to provide holistic healthcare solutions. In order to provide seamless services under this rider, the Company has tied up with Bajaj Finserv Health Ltd., a health-tech company that will leverage its extensive network of more than 2,500 lab chains and 90,000 doctors with various specialities to serve the customers of Bajaj Allianz General Insurance. This will be a remarkable step towards redefining the health and wellness landscape in the country, thriving on the power of digitization.

Health Prime rider covers 4 key areas for the customers, namely – Tele-consultation Cover wherein the customer suffering from any illness/injury can opt for unlimited consultations with a doctor on the service provider’s digital platform, Doctor Consultation Cover where the customer can consult a doctor in person in case of any illness/injury from the prescribed network centres of the service provider or outside its network, Investigations Cover for pathology or radiology expenses from prescribed network centres or outside prescribed network and lastly, Annual Preventive Health Check-up Cover wherein the customer can avail free Preventive health check-up once in every policy year as per the list of tests mentioned in the rider document. All these benefits are completely cashless and can easily be utilized seamlessly at your fingertips through the ‘Caringly yours’ app of Bajaj Allianz General Insurance. Health Prime rider has 6 plans on an individual basis with premium ranging from Rs. 63 to Rs. 1,084 excluding GST and 3 plans on floater basis with premium ranging from Rs. 1,146 to Rs. 2,348 excluding GST.

Commenting on the offering, Mr. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance, said, “At Bajaj Allianz General Insurance, we have always stayed ahead of the curve in terms of providing end to end insurance solutions which not only take care of our customers’ current needs but also enable them to be future-ready. With Health Prime rider, our aim is to provide a total wellness ecosystem and encourage a preventive rather than curative approach. Thus, being their everyday insurer who is there to support them at every stage catering to their healthcare needs and enabling people to lead a healthy lifestyle.”

Sharing his thoughts on the association, Mr. Devang Mody, CEO, Bajaj Finserv Health Ltd., said, “Today it has become increasingly important to have a conscious, proactive mindset towards one’s health instead of a reactive one. Preventive healthcare has become essential for all, regardless of age or profession. We urge customers to make the most of Bajaj Allianz General Insurance wellness rider – Health Prime, and address their health needs immediately, without having to worry about the burden of ‘out-of-pocket’ expenditure. Moreover, Health Prime benefits are cashless and can be easily availed through Bajaj Allianz General Insurance’s ‘Caringly Yours’ app.”

Health Prime Rider will be available on both group and the retail basis on select health insurance and personal accident policies of Bajaj Allianz General Insurance. It can be availed for new policies and also upon renewal across all channels of the Company. Additionally, family discounts, long term discounts and online discounts can also be availed by the customers.

• This rider encompasses 4 key covers, namely – Tele-consultation Cover, Doctor Consultation Cover, Investigations Cover, Annual Preventive Health Check-up Cover
• 6 plans on individual basis with premium ranging from Rs. 63 to Rs. 1,084 excluding GST and 3 plans on floater basis with premium ranging from Rs. 1,146 to Rs. 2,348 excluding GST
• Building further on the trust and confidence amongst its customers, Bajaj Allianz General Insurance partners with Bajaj Finserv Health Ltd. – a Bajaj Finserv Ltd. group company
• All these benefits are cashless and are easily accessible digitally through the Caringly yours app of Bajaj Allianz General Insurance
• Customers of Health Prime will get access to an extensive network of 2,500 lab chains and 90,000 doctors across 35+ specialities of Bajaj Finserv Health Ltd.

December 17: Entrepreneur Ashish Sharma, a name behind several successful campaigns, is now being rewarded as he gets a nomination for Social Samosa Awards 40 under 40.

Ashish has played a key role in strategizing, promoting, executing and making a mark in the digital world. The campaigns include Several activities for Miss India & Miss Diva Organization; the renowned and most loved campaign of INOX Movies, INOX Air Products, Shemaroo OTT and Manipal hospital influencers activities are to name a few. Ashish has also been a part of the organizing committee, which has successfully conducted several corporate shows & events. In connection to B-Town, been a casting coordinator for Simit Amin & Manish Gupta & also for Realty Shows on Channel V, Star Plus & Sony TV.

After gaining an overall experience of about more than 15 years in Banking, Marketing, and Entertainment, currently, with his company, he has served an amazing clientele that includes; Times group, Amazon, Femina Miss India, Star TV, Sony Tv, Colours, Manipal Hospitals, Inox. Sheemaroo. Prestige groups and celebrities like Neetu Kapoor, Vikram Phadnis, Divya Reddy, etc, to name a few. What might set him apart is his passion for work and the panache that he carries around. Combining his expertise and experience, he set out his own venture Addmediabuzz.com, and he is also the Founder of Thefansworld.com, a fan-based Bollywood news blog that lets you know about Bollywood.

Sharma is a visionary strategist who exactly knows what will work for a campaign. His 360-degree approach is what makes his campaign wildly known and loved. Coming from a simple background, it was never easy for him to work on his creative dreams, especially when he started working along with suffering from hypermetropia, and it was difficult for him to work, travel and do day to day work, but he fought this hurdle too.

His lesser vision didn’t stop him from making a reality out of his client’s vision.

We wish him all the best for the nominations.

PruTech Solutions India receives the certification; demonstrates commitment to organization’s culture

Hyderabad (Telangana) [India], December 16: – PruTech Solutions, an IT services company, is excited and proud to be Great Place to Work- Certified. The esteemed Great Place to Work® Certification denotes a great, positive work culture and employee experience.

Great Place to Work® Institute is a globally recognized authority on employee experience and workplace culture. To attain the Great Place to Work® Certification, an employee survey is conducted by Great Place to Work® Institute to gauge the state of a company’s work culture. At PruTech India, 90% of the employees feel respected that the management practices in the workplace are fair, whereas 91% take pride in their work and the company.

Executive Vice President of PruTech Solutions India, Ambika Prasad Mohapatra, said “Receiving this recognition from Great Place to Work® Institute is a moment of pride for the entire organization. It is only because of our exceptional and hardworking employees that organizations thrive. It gives me immense pleasure to be a part of this proficient organization of extraordinary individuals at PruTech Solutions who acknowledge and respect what goes into creating and maintaining a healthy and supportive working environment.”

PruTech Solutions is an IT services and solutions provider that focuses on providing a cooperative work environment. The organization vigorously encourages a culture of growth of its employees through continuous learning.

PruTech Solutions is a workplace that focuses on empowering its people and their well-being. The company provides great employee benefits, like medical insurance and gratuity benefits, and promotes work-life balance and is hiring actively.

Learn more about PruTech Solutions India at https://prutechindia.com/.

PruTech Solutions is an industry-leading digital transformation organization that was founded in 1998. Apart from digital transformation, its umbrella of services includes cyber security, smart governance, cloud consulting solutions, and professional services. PruTech Solutions has 7 offices worldwide and an army of over 650 consultants spread across India, the United States, and Mexico.

With over 1000 successful projects, PruTech Solutions has empowered some of the most disruptive, agile businesses. As a technology expert and business partner, you can rely on, the organization delivers unprecedented digital transformation, cloud, and IT solutions.

Great Place to Work® Certification is essentially an “employer-of-choice” award that leading companies worldwide want to be recognized with. The recognition is based on what employees of an organization think about their workplace. The Great Place to Work® Certification by Great Place to Work® Institute is perceived as the global benchmark for identifying a good employee experience. Over 10,000 organizations in 60 countries have applied to achieve this Recognition by Great Place to Work® Institute.

Mr. Harish Dharamshi, Managing Director, HD Fire Protect

India, December 16:

Tell us about your entrepreneurship journey. How did HD Fire come into being?

In 1990, many firefighting products were imported to India either from the U.S. or Europe. Those were highly-priced, and import duty used to be as high as 200%. I was unable to understand why no Indian company attempted to manufacture these products and take international approvals. My aim was to establish HD Fire Protect as a quality product manufacturer and provide the best service in the Indian market. The company was started in a small area of 500 sq. feet in Thane. The products I selected were engineered fire-fighting products. Many fire protection companies advised me not to venture into this area, and sometimes in the initial stages, I had my doubts too.

In those days, the TAC (Tariff Advisory Committee) was the approving authority for fire protection equipment, and no product could be sold without their approval. While I had put in all the efforts and preparation, in the first week of February 1991, I received the TAC approval for two products – the deluge valve and water spray nozzles. Till we received the TAC approval (for the first six months), I had very limited work, and so I took on a fire hydrant system project for Dhule Co-operative Ginning and Spinning Mill.

Our first order was for one unit of a fire-fighting monitor for Rs. 3,500 from a company in Mumbai. This was spray painted, packed, and delivered by me personally. The second order was for the supply of deluge valves (a value of Rs. 4.5 lakhs) for the HPCL Pune LPG bottling plant and 11 units for Reliance Hazira.

In 1995, we obtained international UL Approval on our product – deluge valves. It was quite challenging and complex, as such approvals were very uncommon for Indian companies to get. I had to travel to the USA and visit the UL office and lab several times to get our products approved. Subsequently, in 1996, we obtained approvals for alarm valves, and MV and HV water spray nozzles. With the UL approvals, HD Fire’s image and reputation got better, and we started getting more orders. We were the only manufacturer of sprinklers in India with approvals from TAC and Central Building Research Institution, Roorkee.

In 1997, we converted HD Fire Protect Co. into a private limited company. We felt the need to expand into a larger space and procured land in Jalgaon MIDC. With such small and humble beginnings, HD Fire Protect came into being.

How do you position your products with regard to your international competitors?

Our range of fire-fighting products has been successfully accepted throughout India as well as in many countries across the world. Some of the main differentiating factors are:-

1. All of our products have been designed as per requirements of International NFPA (National Fire Protection Association) Standards. NFPA standards are most used worldwide in designing and installation of fire-protection systems. This enables our products to be used in international projects.
2. All the materials used in our products are as per internationally accepted ASME and ASTM grades. All the products, components and sub-components come with acceptable material grades.
3. Products carry various certifications like UL, FM, VdS, CE (for Europe) as well as ASME U Stamp for pressure vessels and Lloyd’s Type Approval for marine applications.
4. We have envisioned the concept of having a Global Supply with Local Support. We have therefore developed a strong network of our authorized distributors across the globe to help our customers in the supply, installation and maintenance of our products.
5. Our experienced and proactive team of logistics and supply chain professionals is always available to support our global supply and distribution business.

Let us talk about some more of the latest innovations in the HD Fire Protect portfolio.

We have developed in-house product testing capabilities. From flow tests, friction loss tests or water spray patterns tests, all tests are carried out in our factory, and this distinguishes us from other manufacturers. Further, we have also developed products and solutions, which are completely mechanical, there is no electricity needed for them to function. These consist of water-powered Pelton wheels to water-controlled foam bladder tank systems. Additionally, HD Fire Protect has developed innovative prefabricated firefighting skids, which are easy to install for contractors on-site, saving cost and time. Our firefighting skids are quite popular in the domestic market.

We have also worked on special projects, like sound suppression master stream nozzles, which were installed at ISRO rocket launchpad, Sriharikota. We have recently developed special products like Pre-Action Systems and Inert Gas Suppression Systems for the protection of IT Datacenters.

Please brief us about the company’s infrastructure and what technological additions you have made in order to stay ahead of the competition?

Today we have state-of-the-art manufacturing facilities in Jalgaon MIDC. Our facilities consist of an in-house foundry, advanced machine shop, fabrication shops, paint shop and assembly unit. We have an in-house quality lab to perform various material tests as well as product performance tests. Additionally, the company has installed 5-axis CNC machining centres for high precision machining of valves. Further, we are in process of developing a semi-automatic foundry setup.

Quality standards are benchmarked by the product performance; please brief us on how you ensure sustained quality control along with your product range.

We are committed to providing the best quality products in the industry. We are committed to delivering excellence, striving for continuous improvement, and responding vigorously to changing customer requirements. We have obtained international product approvals, including UL, FM, VdS and ASME U stamps. UL & FM are two international agencies that develop and release fire-protection product standards. The products are tested in their laboratories in the USA as part of the certification process. Many tests are carried out by them in manufacturing plants. They audit manufacturing plants every quarter. We have been able to implement a total quality management system that includes QMS, Environmental and Health and Safety Integrated System. Compliance with NFPA, UL & FM standards has helped us to develop high-quality products.

How do you perceive the future of the company?

HD Fire Protect Pvt. Ltd., an establishment of more than 30 years, is a growth-oriented company and well prepared with its further growth and expansion plans. We have not only been preparing ourselves with respect to improvement and expansion of manufacturing capabilities but also working towards new product and technology development, specifically in industrial firefighting applications. We look at ourselves to be one of the world-leading companies in the area of water, foam and gas-based firefighting equipment and systems. Today “HD” brand is known globally for excellence in product design, quality and reliability and our products have been tried, tested, and successfully accepted in over 75 countries worldwide.

To know more, visit – https://www.hdfire.com

The portal allows users to book pandits trained in certified Vedic Pathshalas online for auspicious events

December 16: Catering to the believers in the age of digitization, Speedy Pandit allows them to book pandits online with a few simple clicks. The initiative is dedicated to resolving the issue of finding the right priests and accessories to perform poojas during auspicious occasions.

Speedy Pandit provides its clients with an interactive online platform for booking pandits trained in certified Vedic pathshalas. This allows clients to perform rituals and ceremonies via priests who are well-versed with the nitty-gritty details of the traditions. Being associated with 100+ pandits, Speedy Pandit helps its clients perform poojas such as Diwali Lakshmi Pooja, GrihaPravesh, Satya Narayan Pooja, Vaastu Shanti Pooja, and more. The company assigns suitable pandits to the clients based on the specific purposes and occasions.

In order to cater to a wide range of clients, Speedy Pandit has kept the online booking portal easy to understand and simple to use. If an individual is looking for a pandit to perform a specific pooja, they can visit the online portal, select the occasion/ceremony, choose the right muhurta, and book a pandit according to their convenience. Speedy Pandit makes sure that the priests will always be available whenever the clients need them. Moreover, the company provides all the required pooja samagri (accessories) to the clients based on the concerned occasion.

The idea behind Speedy Pandit germinated when Yashraj Killawala, a 25-year-old MBA graduate, and Nilesh Gaikwad, a 26-year-old engineer, witnessed one of their friends encounter roadblocks while looking for a pandit for his wedding. On experiencing issues regarding the availability and cost of services provided by different priests, they thought of streamlining the process to make things easier for the public, leading them to co-found Speedy Pandit.

Currently, Speedy Pandit provides services to the people of Mumbai and Pune. In the next few months, the company aims at catering to other metro cities in India with the ultimate goal of reaching every Indian household willing to avail of its services.

Along with providing personalized services to the clients, Speedy Pandit also caters to the needs of the pandits associated with the company by providing them with medical help, health insurance, and other relevant support for their contributions.

Yashrajand Nilesh believes that a venture like Speedy Pandit would be instrumental in organizing the religious sector in the country with the help of technology. They say, “India is a country full of believers who perform auspicious ceremonies in a traditional way. However, we have witnessed that a huge sector with tremendous potential is functioning in a fragmented and unorganized manner. Through Speedy Pandit, we aim at streamlining the services provided by pandits across the country who are learned and capable of explaining the essence of the ceremonies performed. We hope our venture is successful in providing the public with an ideal mix of technology and tradition.”

Pradip Seth, Founder & CEO, S-Ancial

December 16: The growth in Environmental, Social and Governance (ESG) Investing has accelerated over the past few years, and the corpus of professionally managed portfolios, which include key elements of ESG factors, exceeds USD 17.5 trillion globally.  Mirroring this trend, the growth of ESG-focused traded investment products that are available to investors exceeds USD 1 trillion and continues to grow at a fast pace. ESG investing has also gained interest recently from the public sector as well. Central banks across countries have expressed support to spur the transition of financial systems toward low-carbon economies.

Growth in ESG segment

The growing investor interest in ESG factors reflects that it can affect the long-term performance of issuers while reducing the propensity for controversies that erode stakeholder trust and should therefore be given appropriate consideration in investment decisions.

Keeping the growing demand in view, the industry is creating more products that are related to ESG ratings, indices, and funds. ESG indexes, equity and fixed-income funds and ETFs are now manyfold in numbers and are increasing quickly. A lot of options are available; low-risk products such as money market funds, passive smart beta ETFs, and even hedge funds are a few which involve ESG investing.

Accuracy of ESG ratings

There is a marked increase in ESG rating providers. But are these ratings helping investors with the right assessment for their needs? Are investors confident in these ratings and their accuracy? I think it will be inadequate. Also, there is a lot of room to catch up on both the quality and relevance of the underlying data, as well as concerns that this data is not updated in a timely fashion.

Even though progress has been made, a crucial point remains on the alignment with the materiality of factors. ESG ratings tend to vary greatly from one rating provider to another. They may relate to different measures, key indicators and metrics data and use qualitative judgement. Incorrect data, outdated data, irrelevant data, biased data, and little-to-no-real analysis lags ratings.

The majority of traditional ESG ratings providers have a heavy reliance on web scraping for their assessments. While Web scraping can be a useful tool, there is a general lack of easily obtainable ESG data apart from the company supplied information. This means data supplied by companies become a meaningful portion of underlying support for ascertaining rating is a cause for concern. If one were to instead web scrape press releases and websites of public companies and use that for automated decision processes on whether to buy or sell shares, it would be a recipe for investment disaster.

I see the ESG ratings based on such automated processes as equally disastrous. Quantitative screenings do not tell the whole story of the company.

Assigning an overall rating across all companies and industries is indeed a difficult task. It requires a third-party confirmation of important data and trends and the nuances of reading management comments and the other company information. Until the current ESG rating incorporates the skills we expect, the ratings will be too simplistic or simply incorrect to lead to any real value.

Outlook

From a broader perspective, there is a definite standardization of ESG rating parameters on the horizon. Various bodies, among which GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board) and TCFD (Task Force on Climate-Related Financial Disclosures) are now involved in assessing the use and consistency of ESG information, its materiality across industries, and how this information should be prioritized and scored.

 About Exchange Connect

ExchangeConnect is an Investor Relations company. Their interactive B2B platform, ExchangeConnect facilitates Capital market participants to colligate and engage in better price discovery through AI enriched data and interactions.

The company assists listed companies distinguish their investor relations programs. They enable listed corporates, institutional investors and brokerage houses to congregate on their platform. They go beyond providing a seamless flow of data and information by using technology that enriches the data quality; hence the value of interactions is greatly enhanced.

Their proprietary AI engine churns both structured and unstructured data received from public information available with listed corporates and processes it using algorithms to reduce much of the manual work. They produce outstanding actionable insights for both corporates and investing institutions having highly predictable and consistent quality through Automation, AI and Machine learning.

Mumbai (Maharashtra) [India], December 15: Prior to Covid-19, work from home for all employees at every level in an organization was a distant possibility.  And, most of the offices going offline and attendances made mandatory there again stands the dilemma in the mind of employees about well being but the segment which got significantly impacted by the same are the women employees especially the mothers who are struggling to find alternatives of child care as most of the daycares and primary schools being still shut. On the other side, the new normal mode of online offices has brought back into the picture those talented women workforce, who due to inflexible working hours and lack of remote working (WFH) opportunities, kept them out of the job market in the pre-covid days.

Mr. Amit Vasistha, Founder & CEO of GALF (MyGALF.com) a leading corporate wellness aggregator, shared his thought on the matter by saying, “It has been observed across corporates that many women are not able to pursue their career due to pressing requirements at home either after kids, marriage or even due to work-time constraints in India. Statistics also reveal that as the roles go senior, the number of women leaders reduce. Remote Working or WFH has opened up a new professional paradigm for the women employees.”  He also stressed the fact how the WFH module opens up an avenue for those women who want to restart their careers and how corporates will be keen on hiring those resources. Women are known to be very detail-oriented and meticulous in their work, and corporates are definitely considering tapping into this freshly available talent pool. The other concept that is fast gaining acceptance is the gig economy. A lot of firms will be engaging talented women professionals for specific gigs or projects. Closer home at GALF, over 95% of our wellness specialists, are women working from locations of their choice.

Mr. Vasistha being an established mentor for women leaders in financial services also talked about how the WFH and Remote Working is clearly going to provide more of an equal opportunity for all genders. There is also the likelihood of flattening of the layers in the company as there will be a lesser need for leaders to be there on the floor managing people. This flattening of the layers in the company surely opens up doors for women who had to give up leadership positions due to home commitments and are now willing to make extra efforts while working from home.

About Amit Vasistha

Amit is the CEO of GALF; one of the fastest-growing Wellness Aggregators in the country, which proudly hosts over 95 per cent of their corporate wellness specialists as women. In a past life, Amit had done various senior leadership roles in Banking and Financial Services, the last one being the India Director at Barclays.

December 15: When the government has long pushed to enter the cashless economy and fully integrate digital payments in urban and rural pockets, NetPaisa has become the largest digital financial service provider in rural India.

Thanks to the vision of NetPaisa’s Founder and CEO, Rinki K Singh, more than 70,000 merchant retailers have been enabled with Aadhar Payments along with retailer applications for delivering primary access to financial services to the people.

Established in 2018, NetPaisa has become the largest hyper-local banking startup focused on delivering primary access to financial services in urban and, more importantly, in the rural pockets in India.

With more than 70,000 merchants in the network, NetPaisa caters to more than 15,000 pin codes in the country, giving promising growth to digital financial services. NetPaisa’s largest presence is seen in states like Uttar Pradesh, Rajasthan, Bihar, Haryana, Delhi, Tamil Nadu, Jharkhand, Punjab, etc.

The unique initiative of enabling retailers with micro-ATM along with retailer application allows them to reuse cash at the shop to earn an excess commission.

NetPaisa has been working tirelessly to help spread government schemes such as Pradhan Mantri Awas Yojana (PMAY) and National Urban Housing Fund (NUHF) through their home loan and loan against property offerings.

Rinki K Singh, Founder, and CEO, NetPaisa, a seasoned technology professional with over 15 years of experience in building SAAS platforms, said, “NetPaisa has established a reputable position in the rural pockets in India. Our mission is to help people in rural and urban areas to get all banking facilities digitally anywhere in India. We are the one-stop shop for all users to get digital financial solutions”.

Net paisa not only provides digital financial services but also it has helped more than 70k of its merchants, mostly in rural India, to increase earnings.

Ms Singh strongly believes in PM’s idea of Digital India and “ Aatmanirbhar Bharat“. Ms Singh further believes that by adding several other financial services after having tie-up with many leading Banks and NBFCs, Net paisa is definitely going to increase their revenue and earnings in the near future.

Under the leadership of Its CEO, Rinki Singh and her team, which includes CTO Mr Niraj Kumar, net paisa aims to become a unicorn of the Indian startups.

Website: https://www.netpaisa.com/

LinkedIn: https://www.linkedin.com/company/netpaisa

Facebook: https://www.facebook.com/onlinenetpaisa