Tag: press-release

  • Investment Hotspots in India: Unlocking Lucrative Opportunities Across Sectors: By Yajna Prakash

    Investment Hotspots in India: Unlocking Lucrative Opportunities Across Sectors: By Yajna Prakash

    New Delhi [India], September 10: India’s diverse economy and supportive government policies offer various investment opportunities across multiple sectors. This article explores key sectors and regions poised for significant growth and investment potential.

    Automotive Sector:

    The automotive sector is a significant economic driver, expected to reach $300 billion by 2026. India is a leading manufacturer of two-wheelers and passenger cars—the push towards electric vehicles (EVs) and increasing demand for personal mobility further fuel growth. Key manufacturing clusters include Delhi/NCR, Chennai, Bangalore, and Pune. The auto components industry is also witnessing robust growth, with leading players like Tata Auto Component Systems and Minda Industries.

    Fast-Moving Consumer Goods (FMCG) and Retail:

    The FMCG and retail sector is one of the largest globally, expected to reach $220 billion by 2025. Rising disposable incomes, changing lifestyles, and urbanisation drive growth. The expansion of e-commerce and organised retail further accelerates this sector. Key manufacturing clusters for FMCG products are located in Delhi, Bangalore, Mumbai, and Erode.

    Steel Industry:

    India is the second-largest producer of crude steel globally. The industry is a significant contributor to manufacturing and is expected to reach 300 million tonnes per annum production capacity by 2030. Government focus on infrastructure development and growing demand from various sectors drive growth. Odisha, Jharkhand, and Karnataka are major steel-producing states.

    Pharmaceuticals and Biotechnology:

    The Indian pharmaceutical industry is the third-largest global pharmaceutical company by volume and is expected to reach $130 billion by 2030. India is a significant exporter of generic drugs and an emerging hub for biotechnology research and development. Government initiatives and increasing demand for affordable healthcare drive growth. Key pharmaceutical clusters are in Hyderabad, Bangalore, Ahmedabad, and Delhi/NCR.

    Chemicals:

    The Indian chemical industry is the sixth-largest globally and is expected to reach $304 billion by 2025. The industry is diversified, covering over 70,000 commercial products. Government initiatives like “Make in India” and focus on reducing dependence on China for raw materials boost growth. Key chemical industry clusters are in Gujarat, Maharashtra, and Andhra Pradesh.

    Consumer Appliances:

    The Indian consumer appliances industry is valued at $13 billion and is expected to grow due to rising disposable incomes and urbanisation. Air conditioners, refrigerators, and LED products hold significant market shares. Key manufacturing clusters are located in Noida, Gurgaon, Chennai, and Pune.

    Packaging Machinery:

    The Indian packaging machinery market is growing steadily, driven by increasing demand from various sectors. India is also strengthening its position as a packaging machine exporter. The western region of India is home to many packaging machine manufacturers.

    Cluster Development Programs in India:

    The Indian government has launched several cluster development programs to promote industrial growth and competitiveness, particularly for Micro, Small, and Medium Enterprises (MSMEs). These programs aim to address common challenges MSMEs face in areas such as technology upgradation, skill development, market access, and infrastructure.

    Strategies to Propel India’s Cluster-Based Growth: Insights from Global Best Practices

    Strategic initiatives like “Make in India” have fostered industrial growth, but to unlock India’s full potential, we can learn from successful cluster development strategies globally:

    1. Prioritizing Emerging Sectors: Focusing on emerging industries like biotechnology, renewable energy, and advanced manufacturing can propel India to the forefront of these fields. This involves targeted funding, streamlined regulations, and specialised skill development programs.

    2. Integrating Cluster Development: Seamlessly integrating cluster initiatives into national and regional development strategies ensures alignment with overarching economic goals, optimising resource allocation and maximising outcomes.

    3. Embracing International Collaboration: Engaging in international collaborations through knowledge exchange programs, joint research initiatives, and strategic partnerships can enhance global competitiveness, opening doors to new markets, technologies, and investments.

    4. Exploring Agile Cluster Models: Exploring temporary, project-based cluster models can inject agility and innovation into the ecosystem, fostering rapid collaboration and problem-solving.

    5. Empowering Early-Stage Clusters: Providing seed funding, infrastructure support, and a conducive regulatory environment can empower nascent clusters to overcome initial barriers and become self-sustaining.

    6. Cultivating Knowledge Clusters: Investing in knowledge clusters centred around universities and research institutions can position India as a global innovation hub, driving cutting-edge research and technology transfer.

    7. Accelerating Growth through High-Potential Firms: Focusing on high-growth firms by providing tailored support services, access to venture capital, and mentorship programs can unlock exponential growth potential.

    By adopting and adapting these global best practices, India can strengthen its cluster development initiatives, fostering a vibrant and globally competitive industrial landscape. This will attract investments and create a sustainable ecosystem for innovation, job creation, and economic prosperity.

    Yajna Prakash is a visionary leader and seasoned professional with over two decades of experience driving India’s global expansion and investment. With a stellar track record of accomplishments spanning diverse industries, Prakash has played a pivotal role in shaping India’s prominence on the worldwide stage. Currently pursuing a doctoral program in Emerging Markets/International Business from the Indian School of Business, Prakash remains dedicated to staying at the forefront of industry innovation and driving sustainable growth.

    Media Contact Information:

    Website:: acclime.com  (Company)

    Email: yprakash@hotmail.com and y.prakash@acclime.com

    IM: yajnaprakash (Skype)

    yajnaprakash (Skype)

    Follow Yajna Prakash on Social Media:

    – LinkedIn: [linkedin.com/in/yajnaprakash ]

    – Twitter: : [https://x.com/yprakash]

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  • Revolutionizing Business Accounting: Introducing Gbooks.io by Kanakkupillai

    Revolutionizing Business Accounting: Introducing Gbooks.io by Kanakkupillai

    Chennai (Tamil Nadu) [India] September 10: In today’s fast-paced business world, good money management is essential for success. Kanakkupillai, led by CEO Mr. Murugan G., saw this need and created Gbooks.io. This revolutionary accounting software will make the financial operations of businesses of all kinds more accessible and streamlined. This cutting-edge tool will completely change the way business accounting is done by providing a complete solution that fits the many needs of today’s businesses.

    About Gbooks.io

    As far as financial software goes, Gbooks.io is a big step forward. It has cutting-edge technology and an easy-to-use design, which makes it an excellent tool for businesses that want to keep track of their money well. The software has many useful features, such as automatic accounting, real-time financial reporting, billing, keeping track of expenses, and tax preparation. Gbooks.io was created so that people who don’t know much about accounting can still use it. This means that even small business owners can easily find their way around and use its robust features. Additionally, Gbooks.io works with mobile devices, letting users handle their money while they’re on the go and keeping them linked to their businesses at all times and any places.

    Key Features of Gbooks.io

    Among Gbooks.io’s unique qualities is its capacity to automatically handle accounting chores. This function dramatically reduces the time and effort needed to keep accurate financial records by removing the necessity for hand data input. Real-time recording of transactions guarantees constant accuracy and updating of your books. This not only saves time but also reduces the possibility of mistakes brought about by entering data by hand.

    Real-time financial reporting tools offered by Gbooks.io let companies see their economic situation instantly. The program creates balance sheets, profit and loss statements, and cash flow studies, among other comprehensive financial reports. Making smart business choices depends on these reports as they present a clear, accurate view of the economic situation of your firm at any one point.

    Handling invoices and payments may be a difficult chore, especially for small companies. Gbooks.io streamlines this procedure by offering customized invoice templates and enabling online payment processing. This helps companies create and send invoices and enables customers to pay right away. Gbooks.io simplifies the invoicing process so that companies may have a consistent cash flow and cut administrative work time.

    Maintaining a viable company depends on knowing where your money is going. Gbooks.io’s cost monitoring tool helps companies classify and track their expenditures, offering a clear view of their expenditure trends. This tool enables companies to find places where they may maximize their budgets and decrease expenses, therefore enhancing their bottom line.

    Any company might find tax season challenging, but Gbooks.io streamlines all of your financial data in one location. The program has options to assist you in getting ready for tax filing, guaranteeing the correct and easily accessible data. This helps companies avoid expensive errors that can result in fines and lessens the difficulty of tax compliance.

    Though it has sophisticated tools, Gbooks.io is built with simplicity in mind. The program’s easy-to-use interface leads users through every stage, enabling even people with no background in accounting. This simplicity guarantees that companies may pick up the program fast and start using its capabilities right away.

    Benefits of Using Gbooks.io

    One of Gbooks.io’s most important benefits is the time it saves by automating daily chores. This lets company owners concentrate on more important elements of their operations, like expanding their company and raising client satisfaction.

    1. Automating numerous accounting chores helps Gbooks.io reduce the need for costly accounting services. For companies of all kinds, including small enterprises that may need more funds for full-time accounting personnel, this makes it a reasonably affordable choice.
    2. Automated systems greatly lower the possibility of mistakes, guaranteeing always correct financial data. This precision is crucial for maintaining compliance with legal criteria and making wise commercial judgments.
    3. Users of Gbooks.io’s cloud-based system may access their financial data from anywhere, at any moment. This is especially helpful for companies with remote workers or many sites, as it guarantees that everyone has access to the same current data.
    4. Your financial management requirements will develop along with your company’s size. Designed to grow with your organization, Gbooks.io provides more features and capabilities than you do. This adaptability guarantees that when your company grows, the program will still satisfy your demands.

    A Visionary Approach by Kanakkupillai

    The launch of Gbooks.io shows Kanakkupillai’s drive to provide businesses with the tools they need to achieve. CEO Mr. Murugan G. has been influential in moving this goal forward. He said, “At Kanakkupillai, our goal has always been to provide businesses with the tools they need to thrive. Gbooks.io marks a major step in achieving that goal, giving a powerful yet user-friendly solution that handles the financial management challenges faced by businesses today.”

    Understanding Kanakkupillai

    Leading business service provider in India, Kanakkupillai is well-known for its extensive array of offerings supporting companies at all phases of growth. From company registration and compliance management to tax filing and intellectual property protection. Kanakkupillai provides a one-stop shop for companies looking to simplify their processes and meet their objectives. The company’s dedication to quality and customer satisfaction has won its respect as a reliable partner for companies throughout the nation.

    The Vision Behind Gbooks.io

    The creation of Gbooks.io was driven by Kanakkupillai’s deep understanding of the hurdles faced by companies and minimal operations in handling their funds. Many small business owners need more resources and experience, making financial management a problematic job. Gbooks.io was formed to handle these issues by giving a cheap, easy-to-use option that allows business owners to take control of their finances with trust.

    Addressing the Needs of Small Businesses

    Small businesses often need help with accounting. Limited means and a lack of experience can make financial management particularly difficult. Gbooks.io handles these issues by offering a solution that is both cheap and available. With its automated features and simple design, Gbooks.io allows small business owners to handle their finances with trust and ease.

    Enhancing Financial Transparency

    Financial openness is essential for any business’s growth. Gbooks.io improves openness by providing real-time views into your company’s economic situation. This level of transparency is crucial for making informed choices, finding possible problems early, and taking practical steps to solve them. By encouraging openness, Gbooks.io helps businesses build a strong basis for sustainable growth and success.

    Looking Ahead: The Future of Gbooks.io

    The launch of Gbooks.io marks the beginning of an exciting journey for Kanakkupillai and the companies that will gain from this new software. The company is dedicated to constantly improving and growing Gbooks.io’s capabilities to meet its users’ changing needs.

    Upcoming Features

    Interaction with E-commerce Platforms: Future changes will enable smooth interaction with major e-commerce platforms, allowing companies to simplify their online sales and financial processes.

    • Advanced Analytics:io will soon offer advanced analytics tools, which will give greater insight into financial data and help businesses make more informed choices.
    • Mobile App: A specific mobile app is being prepared, which will make handling funds even more accessible.
    • Teamwork Tools: Enhanced teamwork features will help business owners, their teams, and lawyers collaborate more effectively.

    Join the Gbooks.io Revolution

    Kanakkupillai welcomes businesses of all kinds to experience the perks of Gbooks.io. Whether you’re a worker, a small business owner, or managing a growing company, Gbooks.io has the tools you need to manage your finances and advance your business.

    Special Launch Offer

    To celebrate the start, Gbooks.io is giving a freemium membership for the first year. This limited-time deal gives businesses free access to the software, with the opportunity to unlock extra features through paid plans. Don’t miss this chance to change your business’s financial management—visit Gbooks.io today and get started.

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  • Avinash Group of Institutions Hosts “Snatakotsav” Graduation Ceremony for the 2021-2024 Batch

    Avinash Group of Institutions Hosts “Snatakotsav” Graduation Ceremony for the 2021-2024 Batch

    Hyderabad (Telangana) [India], September 10: Avinash Group of Institutions (AGI), a leading commerce and management education institution, celebrated its annual graduation ceremony, “Snatakotsav,” at Shilpa Kala Vedika, Hyderabad. The event was a milestone for the graduates, faculty, and the broader academic community.

    The ceremony began with a motivational speech by Dr. Avinash Brahmadevara, Chairman of Avinash Group of Institutions. He emphasised the importance of perseverance, innovation, and ethical leadership in commerce, inspiring graduates to carry these values professionally. The Chief Guest, Honourable Shri Jishnu Dev Varma, Governor of Telangana, delivered an uplifting address, encouraging graduates to pursue their dreams with dedication and resilience. Prof. R. Limbadri, the Telangana State Council of Higher Education Chairman, also attended as a distinguished guest, offering valuable advice and guidance for the graduates’ future careers, ensuring they felt supported and prepared for the journey ahead.

    The event was attended by critical academic leaders, including Dr Suseela Kanduri, Dean of Academics, and the principals of various ACC branches, including Dr Neetu Sachdeva (LBN) and Dr Yss. Savitri Devi (HTN), Dr Lahari Sagi (SEC), and Ms Maladi V Phanimala (KKP).

    Highlighting the ceremony, gold medals were awarded to the Overall Topper of Avinash College of Commerce, Branch Toppers, and Stream Toppers for B.Com and BBA programs. The Group Topper was VADDE BHAVANA from the KKP Branch, with RACHA KONDA SAHITHYA of the LBN Branch and MADALA PAVANI SATYA SOWMYA DEVI from the HTN Branch as branch toppers. Certificates of Excellence were also given to the top 10 rankers in each branch.

    Founded in 2013, Avinash College of Commerce (ACC) has expanded from a single branch to 12 branches, serving over 20,000 students and employing more than 750 associates. ACC offers diverse programs, including B.Com/BBA degrees, MEC/CEC intermediate courses, and professional certifications like CA, CMA, and ACCA, providing students with over 25 career pathways in commerce. This wide array of programs ensures that students are well-informed about the various opportunities available in the field of commerce. The ‘Snatakotsav’ ceremony honoured the graduates’ accomplishments and celebrated ACC’s rapid rise to prominence in the educational sector.

    The ceremony concluded with a shared sense of achievement and excitement as over 2,000 graduates prepared to embark on their professional journeys, equipped with the knowledge and values fostered by ACC. “Snatakotsav” reaffirmed AGI’s dedication to producing well-rounded, ethical leaders in commerce and management.

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  • Greensole Expands Eco-Footprint with New Flagship Store at Phoenix Market City

    Greensole Expands Eco-Footprint with New Flagship Store at Phoenix Market City

    Mumbai (Maharashtra) [India] September 9: Greensole, a leading brand in sustainable footwear, is excited to announce the launch of its flagship store at Phoenix Market City, Kurla. This significant event represents a major step in the brand’s mission to promote eco-friendly fashion while offering stylish and comfortable footwear for environmentally conscious consumers.

    Team Greensole with actor Pavail Gulati
    Team Greensole with actor Pavail Gulati

    Situated on the G-17A LG Floor of one of Mumbai’s top shopping destinations, the new store showcases Greensole’s dedication to sustainability, featuring a wide range of vegan and upcycled footwear. The store’s design reflects the brand’s values, using eco-friendly materials and minimalist aesthetics to support its goal of reducing the fashion industry’s carbon footprint.

    The launch event was graced by several notable figures from the fashion and entertainment industries, including Head of Sustainability Lakme Fashion Week – Ms Darshana Gajare, actors Manav Gohil and Pavail Gulati. Their presence underscored the growing support for sustainable practices within the industry.

    Actor Manav Gohil with the founders of Greensole
    Actor Manav Gohil with the founders of Greensole

    Greensole’s founders, Shriyans Bhandari, Ramesh Dhami with the support of Rushabh Vora and Ram Fashion Exports, have long championed the idea that fashion should be both stylish and responsible. “Our new store is not just a retail space; it’s a statement that eco-friendly choices can be fashionable and accessible,” said Bhandari. “We are excited to bring our sustainable products to a wider audience and continue our mission of creating a positive impact on the environment.”

    The store features a carefully chosen collection of footwear for men, women, and children, all crafted from recycled and upcycled materials. The Greensole flagship store aims to become a destination for those who prioritize sustainability without sacrificing style.

    Do grab a chance to visit the store and see their new collection. Now is the time to Step Towards Sustainability!

    About Greensole Footwear Pvt. Ltd

    Greensole was established with the goal of making a positive environmental impact by transforming discarded footwear into comfortable shoes. The brand is committed to advancing sustainable fashion and has upcycled thousands of shoes and supplying footwear to those in need.

    For more information, visit greensole.com or follow them on social media Instagram: @greensole

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  • SPP Polymer Limited planning to raise up to Rs. 24.49 crore from public issue; IPO opens September 10

    SPP Polymer Limited planning to raise up to Rs. 24.49 crore from public issue; IPO opens September 10

    New Delhi [India], September 9: SPP Polymer Limited, a leading manufacturing company for over two decades, promoted by Mr Dipak Goyal, Mr Mahavir Bahety & Mr Liladhar Mundhara, is planning to raise Rs. 24.49 crores from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue opens for subscription on September 10 and closes on September 12. The Proceeds of the public issue will be utilised to meet the company’s working capital requirement, prepay or repay loans availed and general corporate purposes. Interactive Financial Services Ltd is the book-running lead manager of the issue.

    The initial public offering of Rs. 24.49 crore comprises a fresh issue of 4,150,000 shares of face value of Rs. 10 each. The company has a fixed price of Rs. 59 per share for the public issue. The minimum lot size for retail investors is 2000 shares, amounting to a minimum investment of Rs 118,000.

    Incorporated in 2004, SPP Polymer Limited, formerly known as SPP Food Products Private Limited, is situated at Sidcul Rudrapur, Uttarakhand; it owns a land area of 13650 sq mtr and a constructed area of 7500 sq meters. It manufactures a wide range of HDPE/PP woven fabric and bags, non-woven fabrics and bags, and Multifilament Yarn. The company is located in Rudrapur City, Uttarakhand.

    The product portfolio comprises HDPE/PP woven Fabric, HDPE/PP Woven Bags, Non-woven Fabric, non-woven Bags and Multifilament PP Yarn.

    The company offers customised solutions according to its clients’ specifications. Its installed capacity of HDPE/PP Woven Fabric and bags totals 9125 MT, Non-woven Fabric 3600 MT, and Multifilament Yarn 300 MT per annum.

    The company has received ISO 9001:2015, 45001:2018, 14001:2015, and SA 8000:2014 accreditation for its quality, occupational health and safety management, and environmental management systems.

    The company provides packaging solutions to business-to-business (“B2B”) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in large quantities.

    Highlights:-
    • Fresh Public issue of 41.5 lakh equity shares opens for subscription from September 10 to September 12
    • The company engaged in the business of manufacturing HDPE/PP woven fabric & bags, Non-woven fabrics & bags and PP Multifilament yarn
    • Minimum lot size for application is 2000 shares; Minimum IPO application amount Rs. 1.18 lakh
    • Funds raised through the issue will be used to meet the working capital requirements, repayment of loans and general corporate purposes
    • For Q1FY25, the company reported revenues of Rs. 28.95 crore and a Net Profit of Rs. 91.33 lakh

    Interactive Financial Services Ltd is the book-running lead manager of the issue.

    Business Highlights:-

    The company has reported excellent operational and financial performance over the years. The Company has witnessed a multi-fold growth in revenue and profitability over the years. For FY23-24 ended March, the company reported a net profit of Rs. 99.40 lahks and revenue of Rs. 91.75 crores as compared to profitability and revenue of Rs. 54.42 lahks and Rs. 66.04 crore in FY22-23.

    As of June 2024, the company’s Net Worth was reported at Rs. 25.91 crore, Reserves & Surplus at Rs. 15 crore and Asset base of Rs. 76.19 crore. As of March 2024, the ROE of the company was 8.01%, ROCE was 4.27%, and RONW was 3.98%. The company’s shares will be listed on NSE’s Emerge platform.

    IPO Highlights – SPP Polymer Limited
    IPO Opens on September 10, 2024
    IPO Closes on September 12, 2024
    Issue Price Rs. 59 Per Share
    Issue Size 41.5 lakh shares – up to Rs. 24.49 crore
    Lot Size 2000 Shares
    Listing on NSE Emerge Platform of National Stock Exchange

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  • Star Housing Finance Limited Crosses Rs.500 Crs Aum Milestone

    Star Housing Finance Limited Crosses Rs.500 Crs Aum Milestone

    Mumbai (Maharashtra) [India] September 9:  Star Housing Finance Limited (Star HFL), a retail-focused housing finance company specialising in low-ticket loans, has crossed Rs. 500 Crs AUM. The company primarily operates in tier II and tier III towns and semi-urban areas and has served more than 5000 families, focusing on the Economically Weaker Section (EWS) / Low Income Group (LIG) segment.

    This represents a significant milestone for the Company, aligning with the stated growth objectives. Star HFL has achieved this through its 30+ operational branches and staff of 250+ employees working across geographies and business functions. The occasion was celebrated across locations with zest and enthusiasm.

    Star HFL’s team is made up of HFC professionals with deep expertise in both domain and execution. The senior leadership team is backed by a strong and independent Board comprising reputed professionals from the BFSI space. The Company has scaled up while remaining steadfast in its commitment to its business philosophy of providing housing finance assistance to prospective first-time home buyers within its target customer segment.

    Commenting on the milestone, Mr Kalpesh Dave, CEO of Star HFL, said, “We are thrilled to become an Rs.500 crs AUM company. This milestone enhances our visibility in the stakeholder spectrum, especially in the debt market, equity market and rating engagement. Our meaningful role in fulfilling home-owning aspirations for our deserving customers brings us even greater satisfaction. This has been teamwork and would not have been possible without the support of all stakeholders, including the Reserve Bank of India, the National Housing Bank, our banking partners, our rating partners, our business associates, our valued customers and last but not least, our shareholders. As we embark on the next phase of our growth journey, we are excited and optimistic about our goal to serve over 10,000 homebuyers in the next 6 to 8 quarters.”

    Affordable Housing has seen renewed focus from the Government of India with a relaunch of PMAY through PMAY 2.0 and re-start the credit-linked subsidy scheme. Moreover, recent budget announcements have established a strong framework assisting in facilitating more than 3 crore houses across the length and breadth of India, including the outlay of more than Rs. 10 lakh crs. These announcements should add to the favourable macros in the housing space. Housing finance companies, particularly those focused on retail, affordable housing spaces like Star HFL, are well-positioned to benefit from these tailwinds and are well-poised for future growth.

    About Star Housing Finance Limited (Star HFL)

    Star Housing Finance Limited (Star HFL) is a retail housing finance company. The Company has been operational in the low-cost housing space. Star HFL provides long-term housing finance assistance to EWS/LIG families towards the purchase/construction of low-cost housing units (affordable housing) in its operational geographies. Star HFL is a professionally managed Company with a presence across Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR and Tamil Nadu. Star HFL is registered as a Primary Lending Institution (PLI) under the Pradhan Mantri Awas Yojana (PMAY). Star HFL has its Registered & Corporate Office in Mumbai, Maharashtra.

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  • Cut Down Your Electricity Bill with Bharat Smart Service’s AI-Powered Solutions!

    Cut Down Your Electricity Bill with Bharat Smart Service’s AI-Powered Solutions!

    New Delhi [India] September 6:  On the eve of the Global AI Summit 2024, organized by the Government of Telangana, Bharat Smart Services launched two cutting-edge AI-powered devices designed to help consumers conserve energy and reduce their electricity bills. These innovative solutions have earned appreciation from the Honorable Chief Minister, Revanth Reddy  the Honorable IT Minister of Telangana, and other dignitaries who visited the summit.

    How Can Bharat Smart Services Help You?

    With the Bharat Smart Services App, you can:

    • Monitor Appliance-Wise Consumption: Know exactly how much energy each appliance in your home is using.
    • Audit Your Appliances: Compare actual wattage versus rated wattage to identify high-consuming appliances and take action to reduce your usage.

    Tackling High Electricity Bills

    Both consumers and electricity utilities face challenges when it comes to high electricity bills. Bharat Smart Services offers a solution for both:

    For Consumers: Request a Home Audit through the Bharat Smart Services App. A Climate Yodha will visit your home, connect AI-powered devices to your major appliances, and provide an audit report with actionable insights to help you avoid wasteful consumption and reduce your electricity bill.

    For Utilities: Assign high billing complaints to Bharat Smart Services. A Climate Yodha will visit the consumer’s premises, audit their major appliances, and confirm that the bill reflects actual consumption. If further clarification is needed, BSS will install the Bijli Auditor for a week to monitor real-time consumption and provide a detailed report through the Bharat Smart Services App.

    AI-Powered Devices

    Bijli Auditor

    Bijli auditor

    • Install a single Bijli Auditor in your home and configure it via the Bharat Smart Services (BSS) App.
    • The device will learn your appliance usage patterns and provide appliance-wise consumption monitoring.
    • Real-time dashboards in the BSS App ensure ongoing consumer engagement, offering insights to avoid excessive consumption and encouraging energy conservation.

    AI-Powered Smart Plug

    AI Powered smart plug

    • Connect any appliance to the Smart Plug to control it remotely and monitor its consumption.
    • The Smart Plug learns the appliance’s usage patterns, offering AI-driven insights to reduce consumption without sacrificing comfort.
    • It can even detect abnormal appliance behavior and disconnect it to prevent accidents.

    Use Cases

    Smart Plug for Geysers: The plug learns the ON/OFF patterns of your geyser and optimizes its operation, potentially reducing consumption by up to 50%.

    Smart Plug for Chargers: Automatically cut off power after full charge, enhancing battery life and extending the lifespan of your devices.

    For more updates, visit the Bharat Smart Services App and our website: bharatsmartservices.com.

    Download the Bharat Smart Services AI-Powered App from the Playstore and discover how you can save on your electricity bill!

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  • Sundowner Festival: A Spectacular Two-Day Celebration of Music, Food, and Sunsets

    Sundowner Festival: A Spectacular Two-Day Celebration of Music, Food, and Sunsets

    New Delhi [India], September 7:  The much-anticipated Sundowner Festival is set to make its grand debut, offering an unforgettable two-day experience packed with music, food, and mesmerizing sunsets.

    Scheduled to take place on 21st and 22nd September at Major Dhyanchand Stadium, New Delhi, this festival promises to be a highlight of the season, bringing together a diverse lineup of artists and a vibrant atmosphere that caters to every taste.

    A Decade in the Making

    Founded by seasoned entertainment industry professionals Manish Sharma, Mohit Chhabra, and Sharon Banerjee, the Sundowner Festival is the culmination of their decade-long journey in the entertainment sector. The festival’s success is also ensured by the expertise of Vani Jindal, the curator & strategist, and Naman Sehgal, the production head. Together this dynamic team has curated a festival that blends genres, cultures, and unique experiences, making it a must-attend event for music lovers and food enthusiasts.

    A Diverse Artist Lineup

    The Sundowner Festival boasts an impressive roster of 8+ artists who will perform live for an expected audience of 15,000 across the two-day event. Headlining the festival are the

    renowned Electronic Duo TechPanda x Kenzani and Bollywood sensation Jasmine Sandlas. Joining them are Akshath Acharya, known for the hit single “Nadaniya,” and rising indie star Osho Jain, among others. The festival offers a mixed-genre lineup that ranges from

    high-energy electronic beats to soulful indie tunes and Bollywood favourites, ensuring there’s something for everyone.

    A Platform for Local Talent

    In addition to the headliners, the Sundowner Festival is committed to supporting local talent by providing them with a platform to showcase their skills. This initiative underscores the festival’s dedication to nurturing the next generation of artists, giving them the opportunity to perform in front of a large and enthusiastic crowd.

    A Feast for the Senses

    The Sundowner Festival is not just about the music. Attendees can indulge in a variety of culinary delights, with an array of cocktails and gourmet food options available throughout the event. The festival also features experiential zones, where attendees can explore, shop, and immerse themselves in the vibrant atmosphere. Whether you’re there to dance, dine, or discover something new, the Sundowner Festival has it all.

    Join the Celebration

    Mark your calendars for 21st and 22nd September and get ready to celebrate the start of the season in style at Major Dhyanchand Stadium, New Delhi. With its eclectic mix of music, food, and fun, the Sundowner Festival promises to be an event like no other.

    For media inquiries, please contact:

    Ankit Dubey

    PR Manager

    +91 9993490919

    About Sundowner Festival

    The Sundowner Festival is an annual two-day event that celebrates music, food, and culture, bringing together artists from various genres and offering attendees an immersive experience. Founded by Manish Sharma, Mohit Chhabra, and Sharon Banerjee, the festival aims to create a vibrant community where people can connect, celebrate, and enjoy the best of what life has to offer.

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  • IIT Bombay – WashU Invites CXOs to Apply for the 10th Executive MBA Batch | Starts Jan 2025

    IIT Bombay – WashU Invites CXOs to Apply for the 10th Executive MBA Batch | Starts Jan 2025

    Mumbai (Maharashtra) [India], September 7: The IIT Bombay-WashU Executive MBA program is specifically designed to address the complex challenges faced by top executives and CXOs. It aims to enhance leaders’ capacity to wield power and influence effectively while skillfully navigating global and economic uncertainties.

    Participants gain valuable insights into critical areas such as global business expansion, corporate finance, M&A, entrepreneurship, start-up consulting, innovation, and the application of artificial intelligence and machine learning (AI/ML). These insights are essential for driving growth in today’s rapidly evolving business environment. The curriculum also explores strategies for navigating organizational politics, supporting career transitions through leadership coaching, and fostering innovation in both established corporations and emerging startups.

    By emphasizing strategy and management, the program equips CXOs with the tools needed to lead with foresight and resilience, ensuring they are well-prepared to steer their organizations toward success amid ongoing challenges and opportunities.

    The IIT Bombay-WashU Executive MBA program is set to launch its 10th batch in January 2025. This prestigious program continues to nurture innovative, entrepreneurial, and leadership skills. Known for its commitment to promoting high standards of management practices, research, and industry collaboration, the program draws participants from various industries and functions, bringing rich experience and a drive to excel.

    IIT BombayThe upcoming cohort will feature a diverse mix of entrepreneurs, senior executives, and professionals in leadership roles, all eager to enhance their functional knowledge and leadership skills. The batch is characterized by its tech-savvy, change-embracing, and performance-driven ethos, ensuring a robust learning environment for all participants.

    The launch event for the 10th cohort of the IIT Bombay – WashU Executive MBA program will be held at the IIT Bombay campus, bringing together a dynamic blend of seasoned professionals and emerging leaders. This unique Executive MBA program, a collaboration between IIT Bombay and Washington University in St. Louis, is the only one in the world to confer a joint degree from both an Indian and an American university. It focuses on fostering leadership and enabling successful change management, ensuring participants are well-prepared to tackle strategic challenges in the evolving business landscape.

    The 18-month program offers a modular general management curriculum featuring 17 residency teaching modules in India and three in Washington, D.C., and St. Louis, coupled with state-of-the-art facilities and executive coaching tailored for career development. This program is designed to elevate participants from domain experts to influential leaders, with a strong emphasis on innovation, leadership, and global collaboration.

    Career Transitions after the Executive MBA program

    Several participant have recently undergone notable career transformations. Dr. Paul Pallath has advanced from his role as EVP, Big Data & Advanced Analytics at Vodafone India to becoming the VP of Applied AI at Searce Inc in the USA. Similarly, Vibhu Jain transitioned from being the Head of Commercial Marketing & Strategy for the Asia Pacific at Merck Group to now leading the Chemistry Synthesis Solutions at MilliporeSigma in the USA. Sharad Chandra, who previously served as an Engineering Manager at Cisco Systems, has been promoted to Director of Software Engineering at Cisco Systems (India) Private Limited.

    Cdr. Rahul Verma (Retd), who was the Director of Innovation and Commander (TDAC) in Aviation & Unmanned Systems at the Indian Navy, has now taken on the role of Deputy General Manager at TATA Advanced Systems Limited. Ahan Shah has moved up from his position as Senior Manager of Syndication at Disney Star to become the Manager of Media Rights at the International Cricket Council. Rishi Kalia has progressed from being a Program Manager at Tech Mahindra to holding the Vice President position at Tech Mahindra in Germany. Lastly, Sheshadri Srinivas has made a significant leap from being a Director at Canarys to becoming the Chief Executive Officer at Canarys IT Solutions.

    These examples demonstrate how the IIT Bombay – WashU Executive MBA for working professionals has empowered them to achieve new heights in their careers, reinforcing the program’s reputation for driving industry impact.

    The EMBA program offers an in-depth curriculum covering strategic management, innovation, start-up consulting, data analytics, corporate finance, leadership, and more. With its 18-month duration, including a two-week residency in Washington D.C. and St. Louis, the program is designed to provide a comprehensive, globally oriented education. Classes will be conducted in a state-of-the-art classroom on the IIT Bombay campus, providing participants with an enriching learning environment.

    Gopal Shukla, CEO of the IIT Bombay – WashU Joint Venture, anticipates another successful year for the program and reaffirms the program’s commitment to producing world-class leaders ready to tackle future challenges.

    For more information, visit IITB-WashU EMBA Program or contact us at +91 810810 5963 / +91 810810 5798  or admissions@iitb-wustl.org.

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  • IAS Subodh Agarwal: Transforming Rajasthan’s Mines Department into an Economic Powerhouse

    IAS Subodh Agarwal: Transforming Rajasthan’s Mines Department into an Economic Powerhouse

    New Delhi [India] September 6: In the annals of administrative excellence, certain leaders stand out for their transformative impact. IAS Subodh Agarwal, Former Additional Chief Secretary of the Mines and Petroleum Department in Rajasthan,  is one such luminary. Dr. Agarwal emerged as a catalyst for transformation. Once mired in the challenges of illegal mining, the department is now a cornerstone of the state’s economic growth. His tenure has been marked by visionary strategies, meticulous planning, and unwavering commitment to progress.

    Transforming a department requires more than a strategic vision, it demands a fundamental rethinking of how resources can be managed to drive both economic and sustainable progress,” said IAS Subodh Agarwal.

    Breaking the Back of Illegal Mining

    The Mines Department, once synonymous with illegal mining and environmental degradation, underwent a metamorphosis under IAS Subodh Agarwal’s leadership. “Illegal mining was a scourge on the state; We took decisive action to eradicate this menace and ensure that the mining industry operates within the bounds of law,” asserted IAS Subodh Agarwal. The department saw the launch of a historic 240-day campaign against illegal mining—a campaign that resulted in over 4,700 cases being registered, 1,107 FIRs lodged, and 723 individuals arrested. This unprecedented move set a new standard for governance in the sector.

    Areas like Braj Chaurasi were liberated from the clutches of the mining mafia and red sandstone leases were initiated. This relentless pursuit of transparency and accountability shattered the chains of malpractice. Today, the same department, once tainted, stands as a beacon of hope and progress.

    Enhancing Revenue through Mineral Auctions

    IAS Subodh Agarwal’s focus on revenue generation has been equally impactful. Under Dr. Agarwal’s guidance, his team discovered precious minerals hidden beneath the earth’s surface and meticulously prepared blocks for online auctions to unlock the state’s mineral wealth. The results were staggering: 17 mineral blocks, including major minerals like potash, iron, and manganese, were auctioned, leading to a record revenue collection of approximately ₹18,000 crores and a surge in economic prosperity, underscoring the effectiveness of this approach. “Strategic resource management is the base of economic transformation; the mining sector’s revenue doesn’t merely support the state’s growth—it will help in fundamentally reshaping its economic landscape,” emphasized IAS Subodh Agarwal. Incidentally, this is the stone that contributed to the construction of the Ram Mandir and the Temple in UAE, symbolizing both spiritual and economic significance.”

    Fueling Progress: Strengthening Infrastructure

    Dr. Agarwal’s tenure also marked significant advancements in the petroleum sector. Refinery work accelerated, and gas pipelines crisscrossed cities like Kota and Jaipur. The expansion of the state’s refining capacity and the acceleration of refinery work were pivotal in securing Rajasthan’s energy future. These infrastructure projects remain testament to his commitment to infrastructure development. The Rajasthan State Mines and Minerals Limited (RSMM) saw renewed vigor, with an estimated revenue of Rs. 343 crore. IAS Subodh Agarwal stated “our strategic initiatives are not just about meeting current demands but ensuring long-term sustainability and growth.” The vision extended beyond revenue – it encompassed sustainable energy solutions.

    Promoting Legal and Sustainable Mining

    In a move to further legalize and sustain mining operations, IAS Subodh Agarwal reinstated legal gravel mining in Bansi Paharpur after a three-year hiatus. The department implemented measures to minimize the environmental impact of mining operations—such as promoting reclamation and rehabilitation of mined-out areas. “It’s crucial that our approach balances economic growth with environmental responsibility, to ensure that development and sustainability go hand in hand,” remarked IAS Subodh Agarwal. The efforts made have not only revitalized the mining industry but have also ensured that these activities align with legal and environmental standards.

    Commitment to Conservation and Safety

    Beyond revenue and infrastructure, IAS Subodh Agarwal also championed the conservation of Rajasthan’s Geo Heritage Sites, preserving ancient legacy and the improvement of safety measures for miners by addressing the plight of silicosis victims through a robust mine safety campaign. This approach was holistic – balancing economic growth with environmental and human welfare.

    A Model for Effective Administration

    Reflecting on IAS Subodh Agarwal’s leadership in the Mines and Petroleum Department reveals a model for effective public administration. It exemplifies the fusion of vision, strategy, and commitment that transformed the department’s image and established a blueprint for success in public governance.

    “Our goal was to build a resilient department that could adapt to changing economic landscapes while maintaining its role as a key revenue generator for the state,” concluded IAS Subodh Agarwal. The department continues to thrive, a testament to Dr. Agarwal’s enduring legacy and the lasting impact of his transformative leadership.

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