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CenturyPly pledges to plant 10,000 trees on Van Mahotsav 2021

  CenturyPly pledges to plant 10,000 trees on Van Mahotsav 2021 ~ Initiates a journey to stay ‘Eco-Conscious’ ~     India, 6 th  July : On occasion of Van Mahotsav 2021, Century Plyboards (India) Ltd., India’s largest manufacturer in Wood Panel Industry, has pledged to initiate a green CSR drive by planting 10,000 trees across the states of West Bengal and Haryana.   To mark Van Mahotsav 2021, the annual forest festival that usually takes place during first week of July all across the country, CenturyPly took the first step towards this new tree plantation drive aiming to nurture the environment with 10000 trees in the regions of West Bengal , Haryana , adhering to all COVID-19 safety protocols. The company will continue to plant more saplings under its existing ‘Century Plantation Project’ over the coming months and will target to achieve more than 10,000 tree plantation in next one year.   CenturyPly, as an environmentally responsible brand, always advocates eco-friendly solution in

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2x10 MVA GIS Substation under the IPDS scheme of Government of India inaugurated in Purnia as part of ‘Azadi ka Amrit Mahotsav’

  2x10 MVA GIS Substation under the IPDS scheme of Government of India inaugurated in Purnia as part of ‘Azadi ka Amrit Mahotsav’   Power Finance Corporation is the nodal agency for the project executed under IPDS scheme   Mumbai, April 8 2021:  As part of the ‘Azadi ka Amrit Mahotsav’, 2x10 MVA GIS Substation was inaugurated in Purnia, Bihar under the IPDS scheme of Government of India. The 2x10 MVA GIS Substation was commissioned by North Bihar Power Distribution Co. Ltd (NBPDCL).   The inauguration ceremony is a part of ‘Azadi ka Amrit Mahotsav’ celebrations marking 75 years of India’s independence.   The inauguration ceremony was attended by officials from North Bihar Power Distribution Co. Ltd (NBPDCL) and Power Finance Corporation.   2x10 MVA GIS Substation for Purnia was sanctioned in 2018 under IPDS scheme with sanctioned cost of Rs 8.99 crore, with grant of Rs 5.40 crore from Government of India. The GIS Substation was declared complete on 6 th  April, 2021, overcoming the cha

Samajwadi Party Leader Rais Shaikh Slams BJP Spokesperson Tejinder Pal Singh Bagga in Twitter War

  Samajwadi Party Leader Rais Shaikh Slams BJP Spokesperson Tejinder Pal Singh Bagga in Twitter War Samajwadi Party leader Rais Shaikh, who is also an MLA from Bhiwandi (East) Mumbai, recently engaged in a war of words with BJP Spokesperson on the micro-blogging site Twitter. Several tweets were exchanged with both the politicians launching multiple attacks on each other. Bagga has a reputation for provoking politicians and other public figures on Twitter. This time, however, it was Bagga who was at the receiving end of a dig taken by Shaikh on him. Apart from being engaged in politics, Bagga owns an e-commerce website called TShirtBhaiya.com. Through the website, t-shirts, accessories, and other clothing materials are sold. The website also has a Twitter handle (@Tshirtbhaiya) through which it promotes itself. On April 1, the Twitter handle put up a post about a ‘Turtle Evil Eye Thread Anklet’ along with a picture of it. Rais quoted that tweet and in a witty manner tweeted, “Ye Modi J

75% companies feel paper based compliance is complex and often results in lapses: finds Avantis Regtech

       75% companies feel paper based compliance is complex and often results in lapses: finds Avantis Regtech   ~ Industry calls for digitiz ing  the  c ompliance landscape to improve ease of doing business in India ~   National, 31 st  March, 2021:  Avantis Regtech, a leading regulatory technology solutions company from the house of TeamLease Services, shared findings of their recent survey on the compliance landscape in India.  According to the survey  close to 75%  of the  companies had missed out on at least one critical compliance because compliances are complex and majorly still based in India. In fact, while responding to the survey, nearly 98.6% employers have reiterated the need to digitise the compliance process in the country as they feel that it would simplify and make the process easier to manage.   Addressing the regulatory cholesterol in India and sharing insights on the survey, Mr Rishi Agrawal, CEO, Avantis Regtech Pvt Ltd – A TeamLease Group Company, said,  “ Managin

Simplilearn strengthens collaboration with IBM to upskill over 20,000 professionals in 2021

  Simplilearn  s trengthens collaboration with IBM to upskill o ver  20,000 professionals in 2021   IBM & Simplilearn will co-develop courses in Data & AI for working professionals   Mumbai ,  March 31,  2021:  Simplilearn ,  the world's number one online bootcamp for digital economy skills training, today announced an extension of their collaboration with  IBM (NYSE:  IBM ) to  provide curated learning programs in Data & AI  for working professionals. Simplilearn will collaborate with  IBM to  curate an in-depth, industry-focused  curriculum and introduce industry - focused training programs in  Data Analytics ,  Data Science ,  AI & Machine Learning ,  Data Engineering , and  Business Analysis . Furthermore, learners will have access to “Ask Me Anything” mentorship sessions with IBM leaders, IBM hackathons for intensive problem-solving sessions, and customized masterclass sessions to share experiences and real-time scenarios.   All  learning programs integrated wi

State Government of Maharashtra may look at extension of Stamp Duty Concession

  State Government of Maharashtra may look at extension of Stamp Duty Concession Attributed to:  Dr. Samantak Das, Chief Economist and Head Research & REIS, JLL. Reaction to:  State Government of Maharashtra may look at extension of Stamp Duty Concession   If the State Government decides to extend the Stamp Duty Concession further, then.   “Amidst the fear of rising cases of Covid -19, this will be a timely second shot in the arm that will help the real estate sector continue its buoyancy. The larger markets of Mumbai and Pune in the state saw a growth of 13-15% in residential sales during the first quarter of 2021 over the previous quarter, well abled by the government’s proactive measure of providing stamp duty concessions in the second half of 2020, paired with the State’s Mission Begin Again programme. The extension of stamp duty relaxation will further significantly support the real estate sector to regain the volumes lost during the pandemic and register robust growth.”  

PFC and REC reduce lending rates

  PFC and REC reduce lending rates Mumbai, 31 st  March : PFC and REC, Navratna CPSEs under Ministry of Power, are the prime financiers of Indian Power Sector capturing a significant market share in financing Indian Power Sector. PFC and REC as group companies have been aligning operations to realise synergies. As a part of such effort, PFC and REC have now decided together to reduce lending rates upto 2%. This initiative was undertaken to offer competitive rates, in line with the rates being offered by peers in the market. This will also help PFC and REC to continue their business growth going forward in addition to maintaining reasonable spreads. The reduction in lending rates will help both PFC and REC to offer lower rates to Power Utilities, which will reduce their borrowing costs thereby reducing their interest payments and in turn benefitting the end consumer in terms of lower tariff. The lending rates will be effective from 1st April, 2021.

Pandemic saw 2X rise in home owners & landlords from Tier-2 going online to sell properties, reveals Magicbricks Owner Services report

  Pandemic saw 2X rise in home owners & landlords from Tier-2 going online to sell properties, reveals Magicbricks Owner Services report   ·             Lucknow, Jaipur and Coimbatore lead the list among Tier-2 cities ·             Whitefield (Bangalore), Velachery (Chennai), Gachibowli (Hyderabad) top-localities in Tier-1 cities with maximum sellers taking the online route ·             40% of landlords shortlist six properties on an average before closing a deal ·             27% of landlords are taking 3-6 months in deciding to sell their property Mumbai, March 22 : With digital adoption on the rise in India’s real estate sector, Tier-2 cities like  Lucknow, Jaipur and Coimbatore  have witnessed a  2X rise  in homeowners and landlords opting for online services to sell their properties during the pandemic year, reveals the latest  Magicbricks Owner Services consumer study  –  How Indians Sold Their Homes During The Pandemic Year? Landlords and homeowners are now looking for a ho

IndiGo completes disbursement of 99.95% customer credit shells and refunds

    IndiGo completes disbursement of 99.95% customer credit shells and refunds Airline has already paid out refunds over INR 1030cr   National, Mar 24, 2020 : Since the resumption of operations in May 2020, IndiGo has been rapidly refunding amounts owed to customers whose flights had been cancelled during the lockdown. The airline has already processed close to INR 1030cr of refunds, which amounts to about 99.95% of the total amount owed to its customers. The pending credit shells are mostly cash transactions wherein IndiGo is awaiting bank transfer details from the customers.   Mr. Ronojoy Dutta, Chief Executive Officer, IndiGo said,  “The sudden onset of Covid19 and the resulting lockdown, brought our operations to a complete halt by the end of March of 2020. As our incoming cash flow through ticket sales got impacted, we were unable to immediately process refunds for cancelled flights and had to create credit shells for the refunds that were due to our customers. However, with the r

In-Content Advertising shows higher uplift in multiple brand parameters: Study

  In-Content Advertising shows higher uplift in multiple brand parameters: Study Studies conducted by Kantar & Orbit; based on actual, anonymized data to determine the effectiveness of ICA MUMBAI, March 24, 2021 : In a first-of-its-kind study to understand the effectiveness of In-Content Advertising,  Whisper Media  released insights on the effectiveness, efficiency and impact of In-Content Advertising (ICA) on TV audiences across GEC genres in India. The insights of this study on ICA were derived by Kantar, the world’s leading evidence-based insights and consulting company and Orbit, a Singapore based research and analytics company. In-Content Advertising digitally embeds the advertising communication of Brands into the content at the post-production phase and is deemed to be the most cost-effective and operationally efficient process in branded content integration, thereby retaining the editorial value.  Whisper Media  is the Global Leader in such integrations and began their  In

News Direct and Media OutReach Form Distribution Partnership for Asia Pacific and America

           News Direct and Media OutReach Form Distribution Partnership for Asia Pacific and America Two Industry Disruptors Share Their Strong Distribution to Benefit Global Clients NORWALK, US & HONG KONG SAR -  Media OutReach  - 18 March 2021 -  News Direct  and  Media OutReach  - two newswires that are revolutionizing the news distribution industry with advances in technology, analytics, security and workflow - have entered into a reciprocal press release distribution arrangement covering the United States and Asia Pacific region. Media OutReach clients will benefit from News Direct's full-fledged access to The Associated Press distribution network in the US, which includes the nation's leading newspapers, magazines, radio and television stations, and online sites. Additionally, releases are posted to AP's popular app and  apnews.com , the news agency's heavily trafficked consumer-facing site. News Direct's geographic distribution capabilities are supplement

Bharat Petroleum bags FICCI award for sustainability in the petrochemical sector

  Bharat Petroleum bags FICCI award for sustainability in the petrochemical sector ·           Company won award for ‘Petroleum Sludge Valorisation’ process under the category ‘Sustainability award for the best green process in the petrochemical sector’   Mumbai, March 22, 2021:   Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company bagged prestigious award from Federation of Indian Chambers of Commerce & Industry (FICCI) under the category  ‘Sustainability award for the best green process in the petrochemical sector’.  The Company received award for ‘Petroleum Sludge Valorisation’, a novel concept of valorising tank bottom sludge and renewable biomass and generating a versatile solid fuel. Dr. Chiranjeevi Thota, Deputy General Manager (R&D) received the award on behalf of the Company, which was conferred by Mr. Mansukh Mandviya, Hon’ble Union Minister of State, Ministry of Chemicals and Fertilizers, Mr Yogendra Tripathi, Secretary, Depart