News

NTPC invites online bids for EPC Package of Waste to Energy Facility in Varanasi

NTPC invites online bids for EPC Package of Waste to Energy Facility in Varanasi

News
Mumbai: NTPC Vidyut Vyapar Nigam Limited, a wholly-owned subsidiary of NTPC Limited has invited online bids on a “two-stage” bidding basis for the EPC Package of Waste to Energy Facility at Ramna, Varanasi. The bid commenced on 22nd June 2021 and will conclude on 27th July 2021. The Varanasi Waste to Energy (WTE) facility is expected to be commissioned by 30th September, 2022. A Waste to Energy plant with waste segregation facility of 600 TPD fresh Municipal Solid Waste will be installed under the project. The plan will be designed in a modular fashion for assembly, testing, maintenance and replacement of individual sub-assemblies. The complete plant will be odourless and compliant to applicable emission norm. The plant will be surrounded by an aesthetic environment with permissible...
Economic optimism drives brand values to record levels

Economic optimism drives brand values to record levels

News
The world’s most valuable brands have experienced record growth according to the Kantar BrandZTM  Most Valuable Global Brands 2021 ranking, with the total worth reaching $7.1 trillion – equivalent to the combined GDP of France and Germany. The 42% increase; more than four times the study’s annual average percentage increase over the past 15 years, has been driven by confidence derived from vaccine availability, economic stimulus packages and improving GDP outlooks. US brands account for 56 of the Top 100 brands, with Amazon and Apple leading the way – each now worth over US$½ trillion. Key trends highlighted in this year’s Kantar BrandZ Most Valuable Global Brands study include: Amazon maintained its position as the world’s most valuable brand, growing 64% to US$684bn (or the e...
Paree organizes menstrual hygiene drive across cities on Menstrual Hygiene Day

Paree organizes menstrual hygiene drive across cities on Menstrual Hygiene Day

News
With India grappling with the second wave of the COVID 19, frontline workers have been the true champions in our fight against the virus. Standing in solidarity with those on the frontlines, Paree associated with state police forces in Gurgaon, Noida, Jaipur, and Indore to support the female police officers working round the clock on the ground are the true heavy-duty champions. On the occasion of Menstrual Hygiene Day on 28th May 2021, Paree launched their newest variant Paree Super Ultra pads and organized a menstrual hygiene drive across cities to support women police forces with their menstrual hygiene requirement while they are on the go. Paree salutes heavy-duty champions Through this initiative by showing gratitude towards the female frontline workers by launching a high-...
ESAF Small Finance Bank reports 28.07% increase in operating profit

ESAF Small Finance Bank reports 28.07% increase in operating profit

Banking, Finance, Insurance, News
Mumbai: ESAF Small Finance Bank has declared its annual results for the FY 2020-21 and has recorded a 28.07 % increase in its operating profit for the year ended March 31, 2021. The Operating profit increased from 324.70 crores to 415.84 crores despite the challenges faced during the year. Deposits have grown by 28.04% from ` 7028 Crore as at 31 March 2020 to` 8999 Crore for the year ended 31 March 2021. Total CASA improved to ` 1748 Crores from ` 960 Crores marking a growth of 81.99% over the same period last year. CASA proportion to Deposits also significantly improved from 13.55% for the Year ended 31 March 2020 to 19.42% for the year ended 31 March 2021. The Net Profit of the Bank for the year ended 31 March 2021 stood at ` 105.40 Crore as compared to ` 190.39 over the same period las...
Healthium Medtech ramps up operations to fast track delivery of essential medical devices for COVID-19

Healthium Medtech ramps up operations to fast track delivery of essential medical devices for COVID-19

Health, News
Mumbai: Healthium Medtech today announced that it has strengthened its operations to fast track delivery of essential medical devices for COVID-19. In order to address the country’s need for essential medical consumables, Healthium Medtech has scaled its production, extended its supply chain, and fast-tracked the deliveries of essential medical devices and consumables to support healthcare frontline workers. To ensure an adequate supply of medical devices for healthcare practitioners, the company is running its plants during lockdown with due permissions and precautionary measures. The company has also expanded its supply chain by 40% to fast-track critical deliveries. Considering the surge in demand for gloves at hospitals across the country, the company has utilized multiple ...
Hitachi ABB Power Grids in India announces  program to achieve carbon-neutrality targets by 2030

Hitachi ABB Power Grids in India announces program to achieve carbon-neutrality targets by 2030

News
Bengaluru: Hitachi ABB Power Grids in India (listed on the Indian stock exchanges as “ABB Power Products and Systems India Limited”) today announced a comprehensive program to achieve carbon-neutrality targets by 2030 in its own operations, reaffirming its commitment to a sustainable energy future. In parallel, the Company is continuing to mobilize resources to safeguard employees and aid India’s COVID-19 relief efforts. Contributing to the drive to ‘build back better’, the pioneering technology leader is adopting a three-dimensional approach to decarbonization. The program is designed to reduce the carbon footprint of its own operations and in the products that it delivers. The goal of the program is aligned with India’s Mission Innovation and the United Nations’ Sustainable Devel...
Common Services Centers & PayPal partner to fight against COVID-19 pandemic in rural India

Common Services Centers & PayPal partner to fight against COVID-19 pandemic in rural India

News
Mumbai: The Common Services Centers of the Ministry of Electronics & Information Technology has partnered with PayPal to offer immediate COVID-relief facilities and drive awareness campaigns regarding prevention and care against the Covid-19 pandemic in rural India. PayPal will support the CSC Academy, CSR wing of CSC, in setting up PSA oxygen plants in five hospitals in four States – one each in Bengaluru (Karnataka), Chennai (TN) and Jaunpur (UP) and two in Patna (Bihar). These plants will be fully automated, designed to work unattended with minimum start-up time to generate oxygen with the desired purity within minutes. Mobile vans, sponsored by PayPal, will create awareness and provide services like, antigen testing, registration for vaccination, basic COVID medicine kits an...
ICICI Bank links UPI ID facility to its digital wallet ‘Pockets’

ICICI Bank links UPI ID facility to its digital wallet ‘Pockets’

Banking, Finance, Insurance, News
Mumbai: ICICI Bank today announced the launch of a unique facility of linking a UPI (Unified Payments Interface) ID to its digital wallet ’Pockets’, marking a departure from the current practice that demands such IDs be linked with a savings bank account. New users, including those who are not customers of ICICI Bank, can now instantly get a UPI ID, which is automatically linked to ‘Pockets’. Further, customers who already have a UPI ID, will get a new ID when they log on to the ‘Pockets’ app. This initiative enables users to undertake small value everyday transactions directly from their ‘Pockets’ wallet using UPI  in a safe and secure manner.It helps them to streamline the number of transactions being undertaken daily from their savings account and thus de-clutter th...
Tata Steel announces Technology Convention ‘Mat-e-Reality’

Tata Steel announces Technology Convention ‘Mat-e-Reality’

News
Mumbai: Tata Steel announces the launch of a first-of-its-kind Technology Convention called Mat-e-Reality. It is a two-day event scheduled from May 26-27, 2021. The event is aimed to serve as a platform to bring together some of the leading minds of the world, to deliberate and discuss the evolving expectations from materials emerging from some of the most groundbreaking technologies. The theme of the event is ‘Materials for Mobility’ that will focus on the rapidly evolving mobility space and its impact on the environment. Exciting technologies like Electric Vehicles, Battery Technologies, Hyperloop, Aerial Taxis, and others will be part of the agenda. Panelists will also speak on the choice of materials that will eventually build the future vehicles and will determine its impact on th...
SaPa launches EdTech platform offering courses by celebrity instructors

SaPa launches EdTech platform offering courses by celebrity instructors

Education, News
Bengaluru: SaPa - the Subramaniam Academy of Performing Arts has launched an e-learning platform with self-paced courses by some of India’s finest musicians including Dr. L Subramaniam, playback singer Kavita Krishnamurti, Usha Uthup, Pankaj Udhas, lyricist Sameer, Anup Jalota, Shantanu Moitra, American Idol drummer Russ Miller, and more. The institute is built and run by the Subramaniam family - the first family of Classical music in India. SaPa is led by singer-songwriter Bindu Subramaniam and violinist Ambi Subramaniam, who believe in making quality music education accessible to every learner. Over the last year, SaPa has taken all of its course material online, and included elements of Social Emotional Learning (SEL) to help students cope with uncertainty and lack of community time...