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Monday, August 31, 2026 8:34 AM

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AICTE Introduces Scholarship Scheme for Women on International Women’s Day

The All India Council for Technical Education (AICTE) has launched a new scholarship program for female students pursuing BBA, BCA, and BMS programs, coinciding with International Women’s Day. The initiative aims to provide financial assistance to 3000 economically disadvantaged female students annually, with a total allocation of ₹7.5 crore. Under the scheme, each student will receive an annual grant of ₹25,000. The scholarship, dedicated exclusively to women, will be disbursed for three years to support their education. AICTE Chairman Prof. T.G. Sitharam highlighted the council’s commitment to promoting gender equality and empowering women in technical and management education. He emphasized the importance of providing affordable education to empower women in management fields as well. The announcement underscores AICTE’s efforts to empower women in engineering and technology, complementing existing initiatives like the PRAGATI scheme for female engineering students. The council reaffirmed its commitment to fostering an environment conducive to women’s progress and prosperity in India. As India strives towards progress and prosperity by 2047, AICTE’s new scholarship scheme reflects a step towards realizing the vision of a developed nation where women play a significant role in driving innovation and growth.

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Revolutionizing HR Processes: The Success Story of Keka

In the realm of human resources management, automation has become a critical tool for businesses, particularly in the wake of the Covid-19 pandemic. Enter Keka, a SaaS startup revolutionizing HR processes for over 10,000 businesses in India and beyond. Let’s delve into how Keka is reshaping the HR landscape: Meeting the Need for Automation: Manual HR operations are time-consuming and resource-intensive, especially for growing organizations. Keka identified this pain point and introduced a cloud-based HR and payroll management platform, offering a comprehensive suite of services. From recruitment to payroll processing, Keka automates core HR functions, freeing up valuable resources for strategic initiatives. Addressing Market Gaps: Founder Vijay Yalamanchili observed the struggles of lean HR teams in small and mid-sized companies and identified a gap in the market. While industry giants catered to big enterprises, there was a lack of understanding of HR professionals’ pain points in the mid-market segment. Keka stepped in to fill this void, targeting SMEs and startups with its user-friendly and feature-rich platform. Comprehensive Solution Suite: Unlike many HRtech companies, Keka offers a comprehensive range of services, including recruitment, onboarding, attendance tracking, payroll management, and employee performance evaluation. Its cloud-based platform ensures easy accessibility and scalability for businesses of all sizes. Strategic Design for Recruitment: Recognizing the importance of efficient recruitment processes, Keka’s application tracking system (ATS) streamlines hiring procedures, minimizing time-to-hire and ensuring companies don’t miss out on top talent. Customer-Centric Approach: Keka prioritizes customer satisfaction, offering personalized product demos and robust customer support. Its sales team engages directly with potential customers, demonstrating the platform’s value proposition. Additionally, a dedicated customer support team ensures prompt assistance and resolves queries effectively. Navigating Challenges: Breaking into the competitive HRMS space was no easy feat for Keka. Despite facing established players in the market, the startup differentiated itself through personalized sales approaches and superior customer support. However, the Covid-19 pandemic posed significant challenges, disrupting customer acquisitions and revenue streams. Future Outlook: Despite the hurdles, Keka remains poised for growth, with a strong presence in 150 countries and a diverse clientele spanning various industries. The startup’s innovative approach to HR automation continues to drive efficiency and productivity for businesses worldwide. In summary, Keka’s journey exemplifies the transformative power of technology in reshaping traditional business processes, paving the way for a more efficient and agile workforce management ecosystem.  

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Paul Simon to Receive PEN America’s Literary Service Award

Paul Simon, the renowned musician behind timeless classics like “Bridge Over Troubled Water” and “The Sound of Silence,” is set to be honored with PEN America’s PEN/Audible Literary Service Award. This prestigious award, previously bestowed upon notable figures such as former President Barack Obama and Nobel laureate Toni Morrison, recognizes Simon’s significant contributions to literature and culture. At 82 years old, Simon’s influence extends far beyond the realm of music. Known for his eclectic musical style and exploration of diverse cultures, he has captivated audiences worldwide. His ability to weave together storytelling and melody has earned him a place as a cultural icon. PEN America CEO Suzanne Nossel praised Simon’s impact, noting his ability to transcend boundaries and foster appreciation for different musical traditions. She highlighted his commitment to humanitarian causes and emphasized his role in broadening perspectives through music. Simon will be presented with the award at PEN’s annual gala, scheduled for May 16 at the American Museum of Natural History in Manhattan. The event will celebrate his remarkable career and enduring legacy. In addition to honoring Simon, PEN America will recognize Almar Latour, CEO of Dow Jones and publisher of The Wall Street Journal, with the Business Visionary award. Latour’s dedication to press freedom and his efforts to secure the release of journalist Evan Gershkovich from detention in Russia have been commendable. The awards ceremony underscores PEN’s commitment to championing free expression and celebrating individuals who have made significant contributions to literature, journalism, and the arts.

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Nothing Appoints Yudhisthir Singh as Head of HR for India Operations

Nothing, a global consumer tech company, has appointed Yudhisthir Singh as the Head of Human Resources for its India operations, effective March 7, 2024. With over 18 years of HR leadership experience spanning various sectors including fintech, FMCG, retail, manufacturing, and banking, Yudhisthir brings a wealth of expertise to his new role. He will be tasked with aligning people’s priorities with the company’s business objectives in India and enhancing talent capabilities, all while fostering a high-performance culture to empower the India team for success. Prior to joining Nothing, Yudhisthir held the position of Senior Associate Director of HR and Talent Advisory at KPMG India. His professional journey also includes significant roles at Bharti Retail, Walmart, Swarovski, RPSG, and BharatPe. Yudhisthir is a graduate in BCom from Maharshi Dayanand Saraswati University and has completed an Executive Management Programme in Strategic Management from IIT Delhi. His core competencies encompass culture and team building, employer branding, talent management, performance management, succession planning, training and development, compensation and benefits, and HRIS. Pranay Rao, Marketing Director India at Nothing, expressed excitement about Yudhisthir’s appointment, stating, “We are thrilled to welcome Yudhisthir to our organisation. With his extensive experience and talent-building capabilities, he will be a valuable addition to our team.”

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ShikshaLokam Hosts Third Edition of InvokED: Global Dialogue on Education Leadership

ShikshaLokam, an NGO based in Bengaluru, organized the third edition of InvokED, a Global Dialogue on Education Leadership, on March 1 and 2, 2024. The event brought together education leaders, practitioners, academicians, market players, teachers, and students from around the world. The focus of InvokED 3.0 was on collective leadership and efforts to drive India’s journey towards equity in education, aligning with the goal of establishing a world-class Indian education system. During the inaugural session, S.D. Shibulal, Co-Founder of Infosys and Founder of ShikshaLokam, stressed the crucial role of education leaders in enhancing public schools, ensuring every child’s access to quality education as a fundamental right. He emphasized the need for collective action to achieve this vision, highlighting ShikshaLokam’s nationwide efforts in over 27 Indian states and UTs, engaging more than 570,000 education leaders in improving over a million schools across the nation. Khushboo Awasthi, Co-founder of ShikshaLokam, highlighted the event’s objective of reimagining education leadership by fostering interactions, ideas, and actions that lead to development opportunities for individuals and institutions involved in K-12 education systems. She underscored the importance of participants coming together to devise solutions and strategies for driving sustainable change in their respective ecosystems, ultimately uplifting the entire education system. The second day of InvokED 3.0 featured the Shikshāgraha Utsav, celebrating innovation and micro-improvement stories in classrooms from across the country. This segment aimed to showcase initiatives driving positive changes at the grassroots level, contributing to the overall enhancement of the education landscape.

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RBI Approves Merger of Fincare Small Finance Bank with AU Small Finance Bank

The Reserve Bank of India (RBI) has given its approval for the merger of Fincare Small Finance Bank Ltd with AU Small Finance Bank Ltd, effective from April 1, 2024. Following the merger, all branches of Fincare Small Finance Bank Ltd will operate as branches of AU Small Finance Bank Ltd. This decision from the RBI comes after the Competition Commission of India (CCI) had previously approved the merger of the two banks. As per the CCI statement, the merger involves Fincare and AU, with AU being the entity resulting from the merger. Shareholders of Fincare will receive shares in the merged entity following the combination. AU Small Finance Bank offers a range of personal and commercial banking services, including deposits, loans, debit and credit card services, institutional banking, and digital banking services. Headquartered in Jaipur, AU Small Finance Bank operates under the AD-II bank category for foreign exchange transactions and provides ancillary services such as the distribution of insurance and investment products like mutual funds. On the other hand, Fincare Small Finance Bank offers deposit services like savings and current accounts, fixed deposits, and recurring deposits, along with lending services such as retail and microfinance loans. Additionally, Fincare provides digital banking services and distributes insurance products. The merger between Fincare Small Finance Bank and AU Small Finance Bank is expected to streamline operations and enhance the range of services offered to customers across the country.  

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Pew Report Highlights Surge in Support for Strong Leader Governance, India Among Nations Seeing Significant Uptick

As elections loom in various nations, a recent Pew Research Center survey underscores a notable trend: a growing appeal for strong leader governance, challenging the traditional framework of representative democracy. Released on February 28, the survey reveals that support for authoritarian leadership has surged in several countries since 2017, with India among those witnessing a significant uptick. While representative democracy remains widely favored, with 77 percent across 24 democratic countries labeling it as “good,” dissatisfaction with its functioning within their own countries is evident, with a median of 59 percent expressing discontent. The survey coincides with a pivotal year for democracies globally, with elections scheduled in over 50 nations, including India’s Lok Sabha elections and the US presidential election in November. India stands out with the highest level of endorsement for a strong leader model, with 67 percent of respondents viewing it favorably, marking a notable increase of 12 percent since 2017. Prime Minister Narendra Modi enjoys a commendable 79 percent favorability rating, ranking third globally. Across Europe, individuals supporting right-wing populist parties exhibit a greater inclination toward authoritarianism. In Germany, for instance, 37 percent of those favoring the Alternative for Germany party express support for non-democratic governance. Support for authoritarian leadership tends to be more pronounced among individuals with lower education and income levels, as well as those leaning ideologically rightward. Notably, poorer nations show higher support for autocratic regimes, including military rule. Mexico stands out with a remarkable 23 percent surge in support for a strong leader since 2017, alongside increased support for democracy. The United States, despite its status as the wealthiest nation, exhibits noteworthy backing for autocratic systems, with 15 percent endorsing military rule and 26 percent favoring a strong leader model. Overall, while support for authoritarianism has increased in several countries, military rule remains the least favored form of government globally, with only a median of 15 percent expressing support across surveyed nations.

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German Man Receives 217 Covid Vaccinations, Researchers Investigate Unprecedented Case

A 62-year-old man from Germany has stunned medical experts by receiving 217 doses of the Covid vaccine, defying medical advice and raising questions about the limits of the human immune system. The extraordinary case, documented in The Lancet Infectious Diseases journal, has garnered widespread attention for its unprecedented nature. The man, whose identity remains undisclosed, privately obtained and administered the shots over a period of 29 months, seemingly without experiencing any adverse effects. Researchers from the University of Erlangen-Nuremberg, led by Dr. Kilian Schober, delved into the case after learning about it through media reports and subsequently conducting tests on the individual. Despite concerns about potential immune system fatigue from the repeated vaccinations, the researchers found no evidence of such effects. The patient cooperated with the investigation, providing fresh blood and saliva samples, allowing scientists to analyze how his immune system responded to the extensive vaccination regimen. While the public prosecutor’s office initiated an investigation into possible fraud related to the case, no criminal charges were ultimately filed. The man’s decision to undergo such a staggering number of vaccinations has raised ethical and medical questions about vaccine administration and the body’s immune response. The research team emphasized that hyper-vaccination is not endorsed as a strategy to enhance immunity, and the case does not warrant broad conclusions or recommendations for the general public. Instead, they reaffirmed the effectiveness of standard vaccination protocols, emphasizing the importance of following established guidelines. The NHS advises that Covid vaccines are typically administered seasonally, with additional doses recommended only for individuals with severely compromised immune systems. While side effects such as a sore arm are common, the case of the German man underscores the need for caution and adherence to medical guidelines in vaccine administration.

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Delhi Allocates ₹8,600 Crore for Health Sector in 2024-25 Budget, Striving for “Ram Rajya”

Delhi’s finance minister, Atishi, unveiled the 2024-25 budget with a focus on healthcare, allocating ₹8,685 crore for the health sector. The budget, with an overall outlay of ₹76,000 crore, reflects the government’s commitment to transforming Delhi’s healthcare system and realizing the vision of “Ram Rajya.” Atishi emphasized the significant progress made in healthcare under the Arvind Kejriwal-led administration over the past nine years, describing the transition from helplessness to strength. She highlighted the dire state of Delhi’s hospitals before 2014, emphasizing the government’s efforts to improve conditions and provide quality healthcare services to all residents. Quoting from Tulsidas’ Ramcharitmanas, Atishi underscored the importance of ensuring the good health of every individual, aligning with the principles of “Ram Rajya.” She lamented the distance between this vision and the current reality but expressed determination to bridge the gap through robust healthcare initiatives. The allocated budget for the health sector marks a strategic investment in improving medical infrastructure, enhancing services, and ensuring accessibility for all citizens. Atishi outlined plans to address various challenges faced by Delhi’s healthcare system, including the provision of adequate funds for essential medical services and facilities. Despite challenges posed by disputes with the lieutenant governor and the Union government, the Delhi government remains committed to advancing healthcare initiatives and overcoming obstacles to deliver quality care to residents. Atishi’s budget presentation reflects a comprehensive approach to healthcare governance, aiming to create a healthier and more resilient Delhi for all its inhabitants.  

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Nepal’s Political Landscape Shifts as Maoist Centre-Nepali Congress Coalition Crumbles

The political landscape in Nepal witnessed a seismic shift as the coalition government between the Communist Party of Nepal (Maoist Centre) and the Nepali Congress, led by Sheh Bahadur Deuba, collapsed. Former Finance Minister Surendra Pandey announced on Facebook that Prime Minister Pushpa Kumar Dahal would swear in a new council of ministers on Monday, ushering in a fresh coalition government. The new coalition, dubbed the Left Alliance, will comprise four political parties: the Communist Party of Nepal (Maoist Centre) under Prime Minister Pushpa Kumar Dahal’s leadership, the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML), the Rastriya Swatantra Party, and the Janata Samajbadi Party. Prime Minister Dahal, known for his political maneuvering, is set to retain his position, with ministers recommended by the coalition parties expected to join the new cabinet. The collapse of the Maoist Centre-Nepali Congress coalition was precipitated by a dispute over the chairmanship of the National Assembly. The Maoist Centre’s decision to contest for the position sparked tensions with the Nepali Congress, leading to the dissolution of the fragile alliance. Despite previous assurances from Prime Minister Dahal to support the Nepali Congress in the National Assembly chairmanship election, the Maoist Centre opted to field its candidate, exacerbating the rift between the two parties. The upcoming election for the National Assembly Chairman, scheduled for March 12, has intensified political tensions, with parties vying for control over key positions in Nepal’s legislative bodies. As Nepal navigates through this period of political turbulence, the realignment of alliances and the pursuit of power dynamics within the government underscore the challenges of maintaining stability in the Himalayan nation.

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