Tag: Business

By Neerja Kapur, Chairman & Managing Director, New India Assurance

New Delhi (India), May 10: India’s general insurance sector is on the verge of a technology revolution that would fundamentally alter the way the sector operates. Since the development of technology, insurers have been able to improve client satisfaction, offer better goods and services, and streamline their business processes. Several significant technological advancements are expected to significantly alter the Indian insurance market over the next decade. To enumerate some of these trends in detail:

Machine learning (ML) and artificial intelligence (AI)

The insurance sector in India is expected to undergo major change as a result of AI and ML. Insurance companies are utilising AI and ML to streamline their underwriting and claims procedures as well as create new products that are more suited to the demands of their customers. Additionally, risk assessment, fraud detection, and consumer engagement are being enhanced by AI and ML. These technologies enable insurers to swiftly and accurately process massive amounts of data, which improves decision-making and the client experience.

The “Internet of Things”

The way insurers gather and analyse data is about to undergo a change thanks to the IoT. To track customers’ actions, analyse their risk profiles, and monitor their behaviour, insurers are employing IoT devices like wearables and telematics. Fraud detection and prevention are other applications for IoT devices. This information can be used by insurers to provide individualised goods and services that are more suited to client requirements. For instance, a company may provide a pay-as-you-go auto insurance plan based on the customer’s driving behaviour.

Blockchain

By offering a safe and open platform for transactions, blockchain technology has the potential to revolutionise the insurance sector. Blockchain technology allows insurers to securely store and share data, which can lower fraud and increase transparency. Additionally, blockchain can assist insurers in streamlining their claims procedures and lowering expenses. Smart contracts can be used by insurers to automate the claims processing process, which can cut down on the time and work needed to resolve claims.

Chatbots and Virtual Assistants

Insurance companies are utilising chatbots and virtual assistants to enhance customer service and cut expenses. Customers can get basic assistance from chatbots, who can also make tailored recommendations. Complex questions can be handled by virtual assistants, who can also offer tailored guidance. These tools can help insurers increase client engagement and loyalty.

Cybersecurity

Given the growing frequency of cyber-attacks, insurers are extremely concerned about cybersecurity. Insurance companies are investing in cybersecurity systems to safeguard client information and stop data breaches. Firewalls, encryption, and intrusion detection systems are some of these technologies. These technologies can be used by insurers to safeguard consumer data and preserve their good name.

Cloud computing:

Insurance companies are using cloud computing to boost productivity and cut expenses. Insurance companies can store and analyse data using cloud-based solutions, which can help them avoid investing in costly IT infrastructure. Access to real-time data and improved team collaboration are two other benefits of cloud computing that can help you make better decisions.

In conclusion, technological improvements are causing a radical upheaval in the Indian insurance sector. Insurers are utilising technology like AI, ML, IoT, blockchain, chatbots, virtual assistants, cybersecurity, and cloud computing to enhance customer experience, improve business operations, and provide better goods and services. These innovations might completely alter the way Indian insurers conduct business and open new avenues for expansion and financial success. In order to stay competitive in the market, insurers must adopt these technologies and stay on top of emerging trends.

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Adarsh Dombivlikar award ceremony concluded under the chairmanship of Dhananjay Datar

Awards to more than 50 meritorious persons presented by Dr. Datar and actor Shivaji Satam

Mumbai (Maharashtra) [India], May 10: The present young generation has started using digital platforms on a large scale. The use of new software, apps and transactions from laptops and mobiles has increased. Even street hawkers and small vendors now have digital payment facilities. The use of social media for marketing and publicity has increased. Today’s consumers are more aware and buy products online with reliable information. Entrepreneurs now have to change with the times and adopt new techniques, new trends and new technologies in business, asserted famous entrepreneur Masala king Dr. Dhananjay Datar at Dombivli.

Adarsh Dombivlikar Award Ceremony organized by Dombivlikar Ek Sanskrutik Parivar was recently held under the chairmanship of Dr. Dhananjay Datar. He was speaking on this occasion. Renowned veteran film artist Shivaji Satum was present as the chief guest. 50 meritorious citizens of Dombivli who have performed well in various fields were felicitated by Dr Datar and Mr. Satam. Later, Ravindra Chavan, editor of ‘Dombivlikar’ magazine, interacted with both guests.

Masala King Dr. Dhananjay Datar, CMD, Al Adil Trading group, UAE said, that starting a business is not difficult at all, only the determination to stick with it and the determination to do it, is required. A business has no national boundaries. You can also go abroad and become successful. Kerala community in Gulf countries, Punjabi community in Canada and Tamil community in Singapore are some prominent examples. They have lived there for a long time and have made their industry famous with hard work.

When asked how he prepares his children for business, he said, “I learned business techniques by working from the ground up in various departments. I use the same formula with my children. Even though they have higher education in business management, they have to undergo training by being with other employees in various departments of our group.”

Veteran actor Shivaji Satam also spoke about his acting career and told many interesting anecdotes and gave hearty answers to the questions of the audience. He mentioned that when he first performed on the stage at a young age, he forgot the dialogue, but in the future, he diligently played every role that he would come across in the field of acting.

To introduce the Dombivlikars who dedicated their lives to the development of Dombivli and who have gone behind the curtain of time, Dombivlikar Ek Sanskrutik Parivar published a special issue this year titled ‘Zalalati Shambhari’ which was released by Dr. Datar and Shivaji Satam.

This is the 15th year of the cultural movement ‘Dombivlikar Ek Sanskrutik Parivar’. Under this organisation, activities like Dombivlikar magazine, Dombivlikar calendar and Adarsh Dombivlikar award ceremony are conducted every year.

Adarsh Dombivlikar Award is given to Dombivlikars who have made significant achievements in various fields like social work, literature, art, music, dance, drama, film, nature, environment and industry. In the last 14 years, at least more than 7500 meritorious Dombivlikars have been recognised through this ceremony.

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• Nick Cassidy and team Envision Racing power to the top of the Drivers’ and Teams’ world championship standings after victory in Monaco
• Mitch Evans finishes second to keep Jaguar TCS Racing in the hunt for titles
• Third place for Jake Dennis who also moves up to third in the Drivers’ standings
• Jean-Éric Vergne claims inaugural ABB Driver of Progress race award, as more than 20,000 fans attended the Monaco E-Prix

Monaco, May 10: Nick Cassidy (Envision Racing) fired to the top of the ABB FIA Formula E World Championship with a storming drive from ninth on the grid to win the race in an absorbing 2023 Monaco E-Prix.

Cassidy led home Mitch Evans (Jaguar TCS Racing), having fended off his countryman until a late-race Safety Car made the win certain.

The 150mph game of chess ebbed and flowed as leaders vied for control and to set the pace but Cassidy’s decisive early-race moves yielded the ultimate result. Once his engineer gave the green light for a six-lap sprint finish, Cassidy didn’t look back – despite the close attentions of Evans’ factory Jaguar.

Evans had himself clambered from sixth on the grid to second at the chequered flag and was within touching distance of the Envision right up to the Safety Car three laps from the race finish. That New Zealand one-two made it four wins in succession, a new Formula E record for a single nation.

Jake Dennis (Avalanche Andretti Formula E team) couldn’t quite live with the lead pair but he had torn through from 11th on the grid to make the final step on the podium.

Sacha Fenestraz (Nissan Formula E Team), who thought he had sealed the Julius Baer Pole Position only for a post-session penalty to hand that honour to Jake Hughes (NEOM McLaren Formula E Team), steered home to fourth, unable to compete with the lead trio’s benchmark combination of speed and efficiency. Hughes followed him across the line, with Dan Ticktum (NIO 333 Racing) hanging on for sixth position despite a couple of late-race scrapes and some damage to his car.

Long-time Drivers’ standings leader Pascal Wehrlein could only improve to 11th from starting 12th on the grid, which resulted in both the driver and his TAG Heuer Porsche Formula E Team losing their grip on their respective championships.

Fellow title contender Jean-Éric Vergne recovered to seventh from the very back of the grid after DS PENSKE’s tyre pressure infringements saw them disqualified from qualifying. The 15-position overtaking masterclass earned Vergne the inaugural ABB Driver of Progress race award, honouring intelligent, efficient driving resulting in the most places gained in a race.

Reigning world champion and DS PENSKE teammate Stoffel Vandoorne was also able to climb to the points with ninth place.

Cassidy’s 121 pts moves him ahead of Wehrlein on 100 pts in the Drivers’ table with Jake Dennis now third on 96 pts and Evans just behind on 94 pts. Vergne leaves Monaco fifth in the running.

Envision Racing now leap to the top of the Teams’ standings on 182 points, 14 points ahead of TAG Heuer Porsche Formula E Team on 168 points, while Jaguar TCS Racing sits third on 157 points.

Nick Cassidy, No. 37, Envision Racing, said: “It’s insane, I’ve got nothing against Berlin – but this feels amazing! This is so, so special. I’m lost for words. It is going to take a bit to sink in, man we had such a tough day, I was 21st I think in both Free Practices which struck me a lot. I qualified 10th and I was really happy with that, so that was kind of how our day was going. Credit to our guys, both car crews and everyone in our garage helped out with the issues. I am so happy we got the reward after the work.

“There is a long way to go, this guy right here Mitch (Evans) he showed today how bloody strong he is. It is going to be a really cool fight, but for the moment let’s just enjoy the fact we won in Monaco.”

Mitch Evans, No. 9, Jaguar TCS Racing, said: “Not the right position but I gave it my best today. Full credit to Nick and Envision, they did a great job. Nick passed me at the right time. I thought I had him but he made a good move on me and that was it. Another podium, we are on a good roll, so good points and that’s the main thing.

“(Would he have passed Cassidy without the Safety Car?) I’m not too sure, I kind of became locked out a bit after the Safety Car. There are a few moments in the race I wish I could do again, and may have had a different outcome, but it is what it is. Full credit to Nick and his team, but also my team, we have been doing a really good job but we just missed out today.”

Jake Dennis, No. 27, Avalanche Andretti Formula E Team, said: “Back on the podium, two races in a row again. I think I had to make it up to the boys after hitting the wall in my first lap. We had a car to start in the front two rows today. Mistake on my behalf, so I think I have some beer money for sure tonight to repay them! Super happy but a little disappointed in certain ways, we had the most efficient car but we didn’t quite optimise it with leading at the right point. It is a bit frustrating that you have 2% more than the cars in front but can’t do anything about it. Nevertheless really happy and we are back in the title hunt for sure – looking forward to celebrating with the boys tonight and enjoying it.”

Next stop in ABB FIA Formula E World Championship is a return to Indonesia for the first Jakarta E-Prix double-header with Round 10 on Saturday 3 June and Round 11 on Sunday 4 June.

Find out where to watch here: www.fiaformulae.com/en/ways-to-watch

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New Delhi (India), May 10: RiiFFS parfums, has been honoured with the “Best Emerging Perfume Brand of the Year” award at the India Brands Icon 2023 event. The ceremony took place on April 14, 2023, in Mumbai, India, the award was presented by Brett Lee, the legendary Australian former cricketer.

The award ceremony was attended by several industry leaders, entrepreneurs, and celebrities, making it a truly star-studded affair. With this award, RiiFFS parfums has cemented its position as a rising star in the perfume industry and a brand to watch out for in the coming years.

RiiFFS parfums was founded by the Attarwala brothers. Mr Rizwan, Mr. Furqan,Mr Farhan, and Mr. Salman expressed their gratitude for the recognition and assured that RiiFFS parfums will continue to deliver premium quality perfumes.

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RDP’s achievement marks a significant growth in the purchase of Made In India digital equipment

New Delhi (India), May 10: Being an emerging superpower, India is experiencing a steady growth in the need for the procurement of products across multiple Government initiatives over time. To streamline such procurement and selling, the Hon’ble Prime Minister of India, with recommendations from the Group of Secretaries, established the Government e-Marketplace (GeM) in 2016. With the current order value crossing ₹4,00,000 crores, the GeM deals with products developed locally by trusted Indian companies.

RDP is one such OEM that deals in product lines like desktops, laptops, servers, tablets, and workstations for some of the most reputed Government institutions. Listed on the GeM and garnering a nationwide reputation within a decade of its inception, RDP has proved to be a front-runner in supporting the Government’s Digital India initiative. Some of the trusted GeM customers catered to by RDP include PMO India, The Ministry of Defense, The Department of Financial Services, The Ministry of Steel, Indian Railways, AIIMS, and more.

Catering to the bespoke needs of Government institutions, the Original Equipment Manufacturer (OEM) recently announced a growth of 152% in FY 2022-23. Currently, RDP caters to over 1 million users and is associated with more than 3,500 partners across the country. With a trained manpower of 200+ professionals and the production capacity to manufacture over 1 lakh units per annum, the company believes in building Indian products that match global standards of quality.

Along with quality, RDP also stresses the importance of global service standards. It is the only local OEM with an in-built CRM system to capture day-to-day routines and build healthy customer relationships. The company uses modern CRM to implement an automated ticketing system, offering quick and personalized support to its partners and customers. It has also employed an audit team to analyze the ticketing system and its workflow as it handles every case.

“Making compromises in customer service and support is never an option when you are catering to clients as prestigious as Government institutions. Our perseverance and passion toward setting global quality standards have allowed us to win the trust of institutions like the IITs, Indian Navi Mumbai, EPFO, and more,” says Mr. Rajesh Mallampalli, the VP of Sales at RDP.

In order to reach all its customers across the country, RDP works with multiple service partners from different regions. This ensures that customers experiencing technical issues in any part of the country are able to obtain quick and effective resolutions to their problems. In all, RDP has established a sustainable framework to bring a homegrown company to a global pedestal.

Mr. Ashok Kumar Gorla, the COO at RDP, believes that local OEMs have immense potential to shoulder the responsibility of helping public institutions go from strength to strength. He says, “Being associated with the GeM gives us an added sense of pride and makes us feel like a cog in the wheel of our country’s development. Focusing on endurance, reliability, and stability, RDP aims to set an example of the heights a local OEM can reach and the horizons it can explore!”

To learn more about RDP and its offerings, visit the company’s official website here: https://rdp.in/

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Gartex Texprocess India’s Mumbai edition, jointly organised by Messe Frankfurt Trade Fairs India Pvt Ltd and MEX Exhibitions Pvt Ltd, will present exciting prospects on the show floor. Alongside will be focused co-located Denim Show and featured zone on Screen Print India – Textile providing the opportunity to evaluate and tap new markets in building connections with the global industry.

New Delhi (India), May 10: With the participation of over 125 companies, Gartex Texprocess India 2023 will offer the industry a platform to bring forward industry innovations, hold collaborative discussions and leverage the textile industry’s strong professional network in textile and garment manufacturing. The trade fair will also act as an insight into garment & apparel production that involves many processing steps, beginning with the idea or design concept and ending with a finished product.

Innovation in garments and apparel machinery has encouraged textile producers worldwide to enhance their equipment in terms of automation, quality, productivity, energy consumption, sustainability and flexibility to meet their customer’s needs. Environment-friendly products in today’s competitive market are helping the garment industry to introduce modern ideas which are capable of high-efficient production. Today, more items of higher quality can be produced with less labour and running costs because of modern high-performance machinery and logical operating methods. Updated textile machines provide features such as high-speed performance, easy maintenance, high efficiency and increased accuracy making India a major player in the global textile and garment industry.

As one of the most trusted textile and garment machinery exhibitions in the country, Mr Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd said: “Gartex Texprocess India is a premier platform showcasing revolutionary advancements with innovative products and technologies, defining latest trends in the industry through the co-located Denim Show and Screen Print India – Textile. The exhibition highlights the rapid technological changes, leading brands with the latest technological offerings in screen printing, digital sublimation and textile printing to potential business visitors. We will also see CEOs, senior industry representatives, ministries and departments of the central & state governments, user industries and specialists converge under one roof. We are grateful to have been consistently supported and trusted by the government bodies, industry and supporting associations.”

Recognising the potential impact of Gartex Texprocess India, Mr Gaurav Juneja, Director, MEX Exhibitions Pvt Ltd stated, “Gartex Texprocess India is a great platform that has been instrumental in unifying various stakeholders within the garment and textile manufacturing supply chain. India has shown that it is innovative and self-reliant when it comes to the textile and garment sector. Gartex Texprocess India will showcase the value-added benefits of Indian products on the show floors, with the support of industry associations; we intend to bring strong value to our trade fair for lucrative business engagements of the industry.”

The Mumbai edition of Gartex Texprocess will see top brands such as IIGM, E.H Turel, Balaji Sewing Machines, True Colour, Jaysynth, Mehala, Orange O tech, DCC, Epson, Jindal Worldwide, Raymond UCO Denim and more displaying unique inventions on the show floor.

Screen Print India showcases new technological capabilities:

Screen Printing plays a major role in today’s manufacturing industry and holds a prominent position among brands for high-volume production. With technological developments in this space, screen printing has also made the manufacturing business more economical than ever.

The trade fair has been a pioneering force in introducing new trends to the Indian textile and garment industry. It has successfully recognized the industry’s potential and brought in trusted names from domestic and international markets alike leading to a continuous rise in the number of exhibitors and visitors each year. Industry bodies extending their support to the three-day exhibition are Ministry of Textile, Denim Manufacturers Associations (DMA) and Confederation of Indian Textile Industry (CITI).

With preparations underway, Gartex Texprocess India 2023 is set out to be an insightful and productive business event. The second edition in Mumbai will begin a new chapter from 11-13 May, 2023 at the Jio World Convention Centre, BKC.

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New Delhi (India), May 10: NAR-India and RICS India have announced the launch of a new Executive Leadership Programme (ELP) for the development of key skills in real estate business management exclusively for NAR-India members.

Over the years, the real estate profession in India has undergone significant changes, with real estate agents and realtors playing a crucial role in the industry’s backbone. However, the absence of formal training has resulted in a skill gap that makes it difficult for firms to cater to sophisticated and educated corporate and individual clients.

Recently, officials from the regulatory authority have emphasized the significance of raising awareness about the Realty law RERA, in order to foster growth within the real estate sector. Additionally, they have urged builders to incorporate technology into their processes in order to reduce construction expenses.

To tackle this problem, NAR-India and RICS India have collaborated to identify specific areas where continuous and ongoing upskilling can enhance the team’s comprehension of the latest trends and performance.

With a gamut of highly skilled and experienced faculty members, the program comprises of diverse sessions covering technical and non-technical skills. These include communication abilities, technical writing proficiency, marketing and sales, commercial real estate deals, digital marketing and social media, property valuation, real estate finance, market research and feasibility studies, models for property development, asset and facility management, technological innovations impacting real estate, legal disputes, customer relationship management, and the latest trends in the real estate sector.

Commenting on the launch of the programme, the president of NAR India, Mr. Shivakumar CR said, “We are excited to launch this programme in collaboration with RICS India. This programme is designed to provide NAR-India members with the necessary skills to compete with more organized players in the industry. This exceptional program is designed to enhance the proficiency of members of the real estate community. ”

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Company has declared bonus issuance of shares in ratio of 1:1 (One bonus share for one equity share held by equity shareholders) and approved sub-division of one equity share of face value of Rs.10 each fully paid up into 2 equity share of face value of Rs.5 each fully paid up

Company has declared total dividend of Rs.10 (i.e.100%) per share in the FY 2023 with an interim dividend of Rs.3 per share and a Final Dividend of Rs.7 announced in a recent Board Meeting

Mumbai (Maharashtra) [India], May 10: Mumbai based IT and Cloud Infrastructure rising company Varanium Cloud Limited has reported robust growth in its earning reported for the Q4FY2023 and FY2023 owing to its expansion in the cloud technology business and roll out of data centres across the places.

Company has reported a net profit of Rs 29.48 crore against Revenue of Rs 150.32 crore in the March quarter. The company reported a nearly 38% increase in sales over the previous quarter, which was driven by its new data centre operations. The company has recorded total sales of Rs 383.36 crore in FY2023 against which net profit has been reported as Rs 82.44 crore. Compared to the previous financial year net profit of Rs. 8.40 crore, the profit in FY23 has increased almost 10 times. EBITDA margin stood at 29.48% in the March quarter with EBITDA of Rs 44.32 crore as against 36.17% in the previous quarter, the decline in EBITDA margin was mainly due to depreciation expenses of the data centre which was set up earlier. Annualised EBITDA has been strong at 31.11% this year.

Company has declared total dividend of Rs.10 (100%) in Financial Year 2023, in the recent board meeting company has declared final dividend of Rs.7 and Rs.3 was paid during the previous fiscal as a part of Interim Dividend. Company has announced major corporate action and rewarded its shareholders by issuing bonus shares in a ratio of 1:1 ( one equity share for one equity share held). It has also approved the sub-division of one equity share of face value of Rs.10 each fully paid up into 2 equity shares of face value of Rs.5 each fully paid up via stock-split for which 12th May 2023 has been set as a record date.

Recently QMS in partnership with MAS (Medical Allied Services), unveiled a cloud-based medical wearable device named “Vyana” on 21 April 2023. Vyana aims to address the growing need for medical wearables that provide timely assistance and is designed to continuously monitor vital parameters and send instant notifications as well as directly contact the user and their emergency contacts in case of significant fluctuations, making it must be used for high risk groups.

It has entered into a processing services agreement with Que Processing Services Pvt Ltd to launch Rupe prepaid cards leveraging its physical infrastructure in non-urban markets. As emphasised by the company’s management, they will continue to grow at the same revenue run-rate in FY 2024 as well. Apart from that, they expect a new business cable cloud (OTT streaming platform services) to go live in Q1FY24. EaaS (e-commerce as a service) is garnering significant traction and expects this to grow to 20% of total revenue in FY24. The company has stated with much confidence and excitement that the year 2024 could be significant with expansion of Hydra Web Services to 500 seats, full rollout of 10 EDCs, full rollout of 3 more “Edmission” centres, preferential issue, full Fastway acquisition, 10 more clients for EaaS. A major event will be the signing and launch of the cable cloud streaming platform.

The Company came out with an SME IPO in September 2022 at an issue price of Rs.122 per share and gets listed on NSE EMERGE platform. In the short span of listing the stock has delivered whooping returns of 12 times on its IPO price, recording an all-time high of 1602 per share in January 2023. Currently stock is trading at around 780 per share.

Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding digital audio, video, and financial blockchain (for PayFac) based streaming services. Company has diversified set of service offering to its various clients across different domains. In Past Year company has been on the spree of expansion and has made various partnerships with best in class companies to provide solutions in Ed-Tech, Medical Tech, Cloud Services, BPO as well as Data Centres.

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Jyothi Penumatsa, the director of Willow Woods Preschool, has been recognized as the Best Preschool Educationalist of the Year 2023 by the Government of Telangana and Vande Bharath Trust.

Hyderabad (Telangana) [India], May 10: Jyothi Penumatsa, the director of Willow Woods Preschool, has been recognized as the Best Preschool Educationalist of the Year 2023 by the Government of Telangana and Vande Bharath Trust. The award was presented to her by Jagan Patimeedi, the chairman of Telangana State Technology Services, Dr. Ramesh Eppallapalli (Chairman – Vandhe Bhrat Trust) , Dr. Ramesh Martha (Liason Officer, NIMS) at a grand event held on 28th April 2023 at the Address Convention in Narsingi.

Jyothi Penumatsa’s tireless efforts in providing quality education to children in Telangana and her innovative teaching methods have made her a beloved figure in the education sector. She has been instrumental in providing an exemplary learning environment to young children through her leadership at Willow Woods Preschool. Her child-centered approach to teaching and emphasis on holistic development has garnered widespread appreciation from parents and educators alike.

The Vande Bharath Bheeshma Puraskar 2023 is one of the most prestigious awards in the field of education, and it was awarded to Jyothi Penumatsa in recognition of her outstanding contributions to the field of preschool education. Speaking on the occasion, Jagan Patimeedi praised Jyothi Penumatsa for her visionary leadership and commitment towards the education of young children. He acknowledged the significant role played by preschool education in preparing children for formal schooling and emphasized the need for such institutions to be run by highly competent professionals.

Jyothi Penumatsa’s passion and dedication to make a difference has kept her motivated and has enabled her to bag many accolades over the years. Her vision is to celebrate the childhood of every child while providing exceptional education in every aspect and further become contributing citizens of the country. She has been an inspiration to many educators and has shown that hard work and dedication can make all the difference in the world of education.

In accepting the award, Jyothi Penumatsa expressed her gratitude to the Government of Telangana and Vande Bharath Trust for recognizing her contributions towards the field of preschool education. She dedicated the award to her team at Willow Woods Preschool, whose dedication and hard work made this achievement possible. She also emphasized the importance of early childhood education and the need for more qualified educators to enter the field.

Willow Woods Preschool, under the leadership of Jyothi Penumatsa, has been providing an exceptional learning environment to young children. The preschool believes in creating a nurturing environment that fosters a love for learning, intellectual curiosity, and a deep sense of social responsibility. It is known for its child-centered approach to teaching, and its emphasis on holistic development has led to the success of many of its students in their academic and personal lives.

Jyothi Penumatsa’s achievement is not only a testament to her hard work and dedication but also to the importance of early childhood education. The foundation provided in preschool sets the stage for a child’s future success, and it is essential that educators like Jyothi Penumatsa continue to pave the way for high-quality preschool education. Her leadership and innovation in preschool education will continue to inspire future generations of educationalists for years to come.

In conclusion, Jyothi Penumatsa’s recognition as the Best Preschool Educationalist of the Year 2023 is well-deserved and a testament to her outstanding contributions to the field of education. Her dedication to providing quality education to young children has made her a beloved figure in the education sector, and her leadership at Willow Woods Preschool has set an example for other educators to follow.

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Indore (Madhya Pradesh) [India], May 10: The Institute of Fashion Technology at I.P.S. Academy, Indore, recently held a fashion show named “Eternity” during the Textile Association of India’s World Textile Conference. Through ten rounds of garments designed by the institute’s students under the supervision of their faculty, the show highlighted the eternal themes of God, nature, and India’s rich heritage.

The first phase of the competition included designs inspired by the 108 pillars of Mahakal Ujjain and scenes from Hindu mythology, such as the Samudra Manthan, Tripurasura Vadh, Kamal-Kund, Nandi Dwar, and Sapta Rishi. The second round of submissions comprised designs inspired by the five elements: earth, water, fire, air, and sky. The unicorn motif was carried over to the third round, which included bright, pastel colours, glitter, and iridescent textiles.

The fourth round included clothing made in the colours of the setting sun, while the fifth round featured designs inspired by diverse aquatic species. The sixth round was themed Bhimbetka, and it attempted to give a look into the stone age via sculptures and drawings discovered in the rocks there. The seventh round included designs inspired by the Milky Way/Galaxy.

Denim was developed in a new approach in the eighth round, showing classic garments in a contemporary form. The ninth round included a sustainability theme, with denim vest pieces incorporated to the clothes to convey compassion for nature. The tenth and final round included clothing developed on the topic of ‘The Vishwaguru’ with accessories inspired by India’s legacy, such as gold, crimson, and green colours that signified India’s affluence, women, and agricultural domination.

A team of 40 persons from I.P.S. Academy’s Institute of Fashion Technology, including staff members and students, went from Indore to Ahmedabad to put on the show. All 60 garments featured in the show, which included traditional, western, indo-western, and saree designs, among others, were designed by IFT students with expert guidance from faculty members.

Over 1000 dignitaries, including textile industry leaders, policymakers, researchers, and economists from around the world, attended the fashion show, including Mr. R.K. Vij, National President of the Textile Association of India, national vice-president TL Patel, national honorary general secretary Mahendra Patel, TAI MP’s office-bearers, speakers, and fashion experts from Thailand, Britain, the United States of America, Bangladesh, Japan, Malaysia, Indonesia, and South Africa.

The exhibition so delighted RK Vij, national president of the Textile Association of India, that he proclaimed an award of Rs. 51000/- and handed a memento to I.P.S. Academy’s Institute of Fashion Technology.

The exhibition’s success was due to the hard effort and devotion of the team at the I.P.S. Academy’s Institute of Fashion Technology, especially Principal Preeti Sarva, who conceptualised and organised the show, and Hemant Bandhav, H.O.D., who supervised interdepartmental cooperation. The working team was congratulated by Achal Chowdhary, President of IPS Academy, and Nikki Jain, Director. Sheetal Sharma handled publicity, while Meena Verma and Rupali Mishra assisted the students in creating the clothes. Pooja Gyanwani, an institution student, expertly directed the performance, which was choreographed by Rajat Garg.

Overall, the “Eternity” fashion show was a huge success, exhibiting the originality and brilliance of I.P.S. Academy’s Institute of Fashion Technology students while also promoting India’s rich cultural legacy.

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