admin, Author at ArdorComm Media Group

Government to achieve $300 billion in electronic production by 2026

Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, stated that the government is committed to boosting domestic manufacturing to make India more robust to supply chain disruptions in order to meet the aim of $300 billion in electronic production by 2026. He added that it is very timely and will assist the government in determining the obstacles to be addressed and the approaches to take in order to meet this goal. He stated that the goal of the government is to become a reliable and trusted partner in global value chains. According to the minister, India has been successful in methodically constructing a structure and plan that clearly define the objectives of a $300 billion electronics manufacturing ecosystem with $120 billion in exports by 2026. He claimed that this report’s description of the government’s strategy for the upcoming years is both very significant and fascinating. Chandrasekhar went on to say that the analysis implies that in order for India to compete in the electronics manufacturing industry, it will need to export aggressively.

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PwC plans to hire 10,000 more people in India in the next four years

admin / Human Resource Community

PwC has announced plans to grow its team over the next five years or less in honour of the 150th anniversary of the company in India. With an emphasis on diversity, skill development, and equal growth opportunities, the company keeps working to ensure that its employees have a challenging and all-encompassing work environment. In less than five years, the company wants to hire 10,000 individuals throughout its network of companies as part of its growth plans. Emerging technologies, including cloud, digital, analytics, and cyber technologies, will be given priority in the hiring process. According to Sanjeev Krishnan, chairman of PwC India, the company has learned a lot over the past 150 years and has “taken those learnings to become stronger, more focused and better positioned to deliver on our purpose of solving important problems and building a strong culture of respect, inclusion and transparency.” PwC India has offices all over the country today and provides a variety of professional services to its clients. After reporting a 22% YoY increase in revenue in the previous fiscal year, it has been investing in technology and management consulting, risk, and deals, as well as making organic acquisitions to scale up and enhance current problem-solving skills. In an effort to increase its reach and access the talent pool in India, it has built three new offices this year. With our new strategy in place, we are still steadfastly committed to doing our part to help India achieve its goal of being a $5 trillion economy, according to Krishnan. “We look forward to collaborating with our clients, our people and the larger stakeholder ecosystem to create the virtuous cycle between earning trust and delivering sustained outcomes necessary for our country to emerge as a global leader,” he continued.

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Reliance Industries’ media business saw its biggest growth last year, says Mukesh Ambani at Reliance AGM 2022

admin / Media Entertainment & Art Community

Mukesh Ambani, chairman and managing director of Reliance Industries, stated in his speech to the shareholders on Monday that the company’s media division, which includes Viacom18 and Network18, achieved its highest growth last year as a consequence of strong engagement that led to record subscriptions and advertising revenues. “Our national channels CNN, News18, CNBC TV18, and News 18 India are consistently ranked number one. Moneycontrol is amongst the world’s most popular subscription products. Our news brands are innovating with storytelling methods across platforms building deeper relationships with audiences wherever they are and whatever device they use,” he added at the 45th annual general meeting (AGM) of Reliance Industries. The chairman also mentioned how Viacom18, the company’s entertainment division, strengthened its position as a market leader by forging a path into sports and winning the digital rights to the Indian Premier League (IPL) for a period of five years. “Along with key sporting rights in football, badminton, basketball, tennis and now cricket, Viacom18 is also investing in movie rights and original content for OTT. In news, entertainment and sports, digital is core and fast growing theme as we prepare to embrace the 5G revolution,” Ambani said. He continued by saying that the collaboration with Bodhi Tree, James Murdoch, Uday Shankar, and Paramount Global will give Viacom18 access to more talent and help it become a world-class media and entertainment business. Ambani also praised the Reliance Retail leadership team at the AGM for attaining a turnover of Rs 2 lakh crore and earnings before interest, taxes, and depreciation (EBIDTA) of Rs 12,000 crore. He said, “Today, Reliance Retail is among the top ten retailers in Asia.” Isha Ambani, director of Reliance Retail, has stated that the company will begin selling FMCG products this year. She remarked in her speech to the Reliance Industries AGM, “The objective of this business will be to develop and deliver products and solve every Indian’s daily needs, with high quality products at affordable pricing,”

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Lupin receives USFDA approval for a generic cancer treatment drug

admin / Health & Wellness Community

On Monday, Lupin announced that it has got a tentative approval from the US health regulator to offer Dasatinib tablets, which are used to treat specific forms of cancer, in the US. Dasatinib tablets in strengths of 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg have been approved by the US Food and Drug Administration (FDA), the company in partnership with Pharmascience Inc. stated in a statement. The medicine produced by the Mumbai-based company is a generic version of the Sprycel tablets sold by Bristol-Myers Squibb Company. Dasatinib tablets had an estimated annual sale of USD 1,569 million in the US, according to IQVIA MAT data. On the BSE, shares of Lupin closed at Rs 662.50 each, up 1.49 percent. Source: PTI

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Reliance AGM 2022: 5G rollout plans, Succession, Jio IPOs expected at key meet

admin / Media Entertainment & Art Community

Today at 2 p.m., the highly anticipated Reliance annual general meeting 2022 will take place. Mukesh Ambani, the CEO of Reliance Industries, is likely to make a number of significant announcements during his important speech. Several significant announcements have been made during Ambani’s annual speech at the AGM over the years, including the debut of the revolutionary Jio telecom service in 2016 and the Saudi Arabian Oil Co.’s proposed investment in the Reliance energy sector in 2019. The major announcements predicted at the Reliance AGM in 2022 are listed below: Ambani’s succession plan Mukesh Ambani signalled last year that Reliance would speed up and restate its succession planning in December. His three children, daughter Isha and sons Akash and Anant, already hold director positions in the group’s unlisted businesses. Mukesh Ambani gave up his position as chairman of Reliance Infocomm Ltd. in June to make room for his older son Akash. According to Bloomberg, the investors want to see some real action on the leadership transition, with Isha, Anant, and perhaps Nita Ambani taking on greater responsibility. Rollout of 5G Recently, Union Minister Ashwini Vaishnaw stated that the government hoped to roll out 5G services by October 12. During the 5G auctions, Reliance Jio placed as the highest bidder, purchasing airwaves worth more than $11 billion. As they have done in the past when introducing new telecommunications products, the Ambani children may give a presentation at the conference on some of the major aspects of 5G services. IPO for Reliance Jio The IPOs of Reliance Jio and Reliance Retail Ltd. have been the subject of increased interest from market experts. Both businesses enjoy a sizable advantage over competitors and are market leaders in their respective industries. Their public offerings or even spinoffs may increase Ambani’s fortunes. In comparison to the top performers on India’s S&P BSE Sensex, Reliance has increased by around 11% this year. Energy The announcements made last year to construct four giga-factories to produce solar modules, hydrogen electrolysers, fuel cells, and storage batteries have piqued the interest of Reliance investors. Ambani has also been acquiring small green energy companies globally for their technology and expertise. There are also aspirations to rank among the top producers of blue hydrogen globally. Source: Bloomberg

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Education Minister calls Delhi government’s education system hollow

admin / Education Community

Union Education Minister Dharmendra Pradhan attacked the Delhi government harshly, calling the state’s educational system “hollow” and “a gimmick.” Attacking the AAP administration over the excise policy, Pradhan claimed that Arvind Kejriwal, the chief minister of Delhi, and Manish Sisodia, his deputy, are trying to hide their “theft” by bringing up the New York Times article on Delhi’s education system. “Delhi’s education system is khokhla (hollow) and a nautanki (gimmick).” In his speech at Business Today’s “India@100 conclave” on Friday, Pradhan stated that the performance of class 10 and 12 students in Delhi government schools has been steadily declining according to the National Achievement Survey. “They are just trying to cover up for their theft using the excise policy by showing the New York Times article while in reality the situation is different,” he added. After the CBI raided the home of Sisodia, who also holds the portfolios of education and excise, in connection with allegations of irregularities in the formulation and implementation of the government’s excise policy, the New York Times report that was published last week had set off a verbal spat between the BJP and the Aam Aadmi Party (AAP). The New York Times, an American newspaper, had stated that the story was based on “impartial and on-the-ground reporting” while rejecting the claim that it was paid news. Source: PTI

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Justice UU Lalit, the 49th Chief Justice of India, takes the oath of office

admin / Governance Community

Justice Uday Umesh Lalit was sworn in as the 49th Chief Justice of India on Saturday, one day after Justice NV Ramana announced his retirement. Justice Lalit was sworn in as Chief Justice of India by President Droupadi Murmu in the early hours of the day at Rashtrapati Bhavan. Justice NV Ramana, who retired on August 26, is succeeded by him. As per tradition and seniority rules, Justice Ramana had recommended Justice Lalit as his replacement. Justice Lalit’s appointment as the next CJI was subsequently confirmed by the President. As the head of India’s judiciary, Justice Lalit will hold office for just 74 days, leaving on November 8. At Justice Ramana’s farewell celebration yesterday, Justice Lalit stated that during his roughly three-month term, he will concentrate on three main areas, with the making of listing of cases simple, clear and as transparent as possible being one of his top priorities. In addition, Justice Lalit has vowed to uphold a transparent structure that allows any urgent issues to be raised openly before the appropriate benches of the top court. He pledged that the Supreme Court would have at least one Constitution Bench operating throughout the year. Justice Lalit said, “I have always believed that the role of the Supreme Court is to lay down law with clarity, consistency, and the best possible way to do it is to have larger benches as early as possible, wherever the matters are referred to such benches so that the issues get clarified immediately, the matter has consistency and the people are well aware of what exactly are the contours of the peculiar positions in law.” On his last day of work, outgoing CJI Ramana apologised for not being able to name every case that was still pending and stated that the court had been dealing with a backlog of cases that had significantly risen during the months prior. Justice Lalit was a well-known senior advocate before being chosen to serve as a Supreme Court justice. He was selected to serve as a Supreme Court justice on August 13, 2014. Justice Lalit will be the second Chief Justice of India to be elevated from the Supreme Court bench straight from the bar. Justice SM Sikri, who became the 13th Chief Justice of India in January 1971, was the first lawyer to be promoted directly to the top court bench. On November 9, 1957, in Solapur, Maharashtra, Justice Lalit was born. His father, UR Lalit, served as a prominent Supreme Court advocate as well as an additional judge at the Bombay High Court’s Nagpur bench. In June 1983, Justice Lalit applied to become an advocate. From 1983 to 1985, he worked as a criminal law specialist in the Bombay High Court. In January 1986, he shifted his practise to Delhi, and the Supreme Court designated him a senior advocate in April 2004. Later, he was chosen by the CBI to serve as a special public prosecutor for the case involving the allotment of 2G spectrum. On November 8, Justice Lalit will retire, and it is anticipated that Justice DY Chandrachud will be named the 50th Chief Justice of India. Source: ANI

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International education in the post-pandemic era

admin / Blogs

The number of students going overseas to seek higher education steadily increased over the five years before the Covid-19 outbreak. However, this number drastically decreased after the pandemic broke out. In contrast to the more than 5 lakh students who traveled abroad for higher education in 2019, only 2.6 lakh students did so in 2020, according to the Ministry of External Affairs (MEA), a decrease of over 55%. However, the number of students traveling abroad is gradually increasing now that the crisis has subsided and nations throughout the world are reopening their borders. When choosing where to live overseas, students have evolved into much more discriminating and knowledgeable decision-makers. They are considering everything before making a choice, including the location, the course, the career prospects, the lodging, living costs, job opportunities, and university rankings. Here are 5 important trends in overseas education that you should be aware of in the post-pandemic era if you’re a student planning to relocate abroad. Increased preference for different countries Even while the US, Australia, Canada, the UK, and Germany continue to be some of the most sought-after locations, there are now several additional nations that students are deciding to migrate to when they decide to study abroad. For instance, the Middle East, New Zealand, Europe’s France, Italy, Denmark, the Netherlands, Scandinavia’s Norway, Sweden, Finland, and Asia’s Singapore and Malaysia are all experiencing rising tourism numbers. Students’ choice of location is influenced by a variety of factors, including their desire to explore different cultures through travel, take classes, and consider job alternatives. A vast array of courses The courses that students choose have undergone a paradigm shift in recent years. There are more possibilities outside law, medicine, engineering, and economics. The majority of colleges provide a wide range of courses, including career-focused ones like liberal arts, development studies, culinary arts, architecture, urban planning & sustainability, artificial intelligence, data analytics, and more. Therefore, it’s essential to make sure you look over the course alternatives offered by your preferred colleges before applying. It’s time for you to pursue your passion, and university course selections are fostering that environment. The future of education is a hybrid learning Education institutions have been affected by one of the pandemic’s most major disruptions. Universities that provide hybrid learning choices are becoming more and more popular with students. This will enable them to balance their academics with any side work they decide to take on to help support themselves while they are away from home. Test exemptions For those who plan to pursue higher education abroad, rigorous preparation is necessary for competitive tests like the GRE and GMAT. These factors, however, have changed since the pandemic. Although students will still need to submit a compelling application, several universities alleviate students’ pressure from these exams. Varying tendencies in scholarship An international student can benefit greatly from receiving a scholarship because it helps ease the financial burden of studying abroad. However, most scholarships were only awarded to students based on their academic performance until recently. Those times are long gone. Concepts such as social scholarships and others, in which students are assessed according to their capacity to have a positive social influence as well as other non-academic criteria. With these grants, students’ options are expanded, and the competition bottleneck is lessened. Conclusion When tackling the exposure of students, teachers, and staff to globalization, universities should shift from the transactional and credit-bearing model to a relational and social model. They ought to be able to coordinate resources, efforts, values, and ideas in support of the development of cross-cultural sensitivity, human immersion, and life-changing international experiences. Hence, moving overseas doesn’t have to be a complicated procedure. Making your study abroad experience smooth and enjoyable may be achieved by doing your homework, creating a strong application, and considering all factors. Additionally, bear in mind the aforementioned tendencies before applying. The author, Pratik Ghosh is associated with ArdorComm Media

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President Murmu will confer national awards to 46 teachers on September 5

admin / Education Community

On September 5, President Droupadi Murmu will bestow 46 chosen awardees the National Awards to Teachers 2022 in recognition of their distinctive contributions to education, according to officials. Three teachers each from Himachal Pradesh, Punjab, Maharashtra, and Telangana were chosen from the list of candidates. The recipients from these four states are Yudhveer, Virender Kumar, and Amit Kumar (from Himachal Pradesh); Harpreet Singh, Arun Kumar Garg, and Vandana Shahi (from Punjab); Shashikant Sambhajirao Kulthe, Somnath Waman Walke, and Kavita Sanghvi (from Maharashtra); and Kandala Ramaiah, TN Sridhar, and Sunitha Rao (Telangana), are the awardees from these four states. Every year on September 5—Teachers Day—the Ministry of Education hosts a function at Vigyan Bhawan to bestow awards to the nation’s top teachers who have been chosen after a rigorous, transparent, and online three stage selection process. According to a senior official, “The purpose of National Awards to Teachers is to celebrate the unique contribution of teachers in the country and to honour those teachers who through their commitment and industry have not only improved the quality of school education but also enriched the lives of their students.” The selected teachers are Pradeep Negi and Kaustubh Chandra Joshi (Uttarakhand), Sunita and Durga Ram Muwal (Rajasthan), Neeraj Saxena and Om Prakash Patidar (Madhya Pradesh), Saurabh Suman and Nishi Kumari (Bihar), G Ponsankari and Umesh TP (Karnataka), Mala Jigdal Dorjee and Sidharth Yonzone (Sikkim). The other awardees include Anju Dahiya (Haryana), Rajni Sharma (Delhi), Seema Rani (Chandigarh), Maria Murena Miranda (Goa), Umesh Bharatbhai Vala (Gujarat), Mamta Ahar (Chhattisgarh), Iswar Chandra Nayak (Odhisha), Buddhadev Dutta (West Bengal), Javid Ahmed Rather (Jammu and Kashmir), Mohd Jabir (Ladkah), Khursheed Ahmad (Uttar Pradesh), Mimi Yhoshii (Nagaland), Nongmaithem Gautam Singh (Manipur), Gamchi Timre R Marak (Meghalaya), Santosh Nath (Tripura), Meenakshi Goswami (Assam), Shipra (Jharkhand), Ranjan Kumar Biswas (Andaman and Nicobar), Aravindaraja (Puducherry), Ramachandran (Tamil Nadu), Ravi Aruna (Andhra Pradesh). “Among the selected teachers one is from CISCE board, two from Kendriya Vidyalayas, one each from Jawahar Navodaya Vidyalaya and Eklavya Residential School, while two teachers are from CBSE board,” the official said.

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Pfizer’s vaccine against a deadly respiratory virus has shown positive results

admin / Health & Wellness Community

A vaccine against the respiratory syncytial virus (RSV), for which there are presently no authorized shots, showed promising results in elderly patients on Thursday, according to pharmaceutical behemoth Pfizer. The virus can cause pneumonia in elderly people and causes bronchiolitis, a respiratory condition that primarily affects newborns. RSV infection causes more than 177,000 older patients to be hospitalised each year in the US, and 14,000 of them eventually die, according to US health authorities. In an ongoing clinical trial, the vaccine is being evaluated on individuals 60 years of age and older. A preliminary investigation revealed that it was roughly 85% successful in averting severe cases, or those with three or more symptoms. In the upcoming months, Pfizer said it intends to submit applications for the vaccine to the US Food and Drug Administration and other regulatory bodies. “Scientists and researchers have worked to develop RSV vaccines with little success for over half a century. These findings are an important step in our effort to help protect against RSV disease,” Pfizer’s chief scientific officer, Annaliesa Anderson, who oversees vaccine development, stated in a statement. The company reported that the vaccination was well received and that there were no safety issues. They added that they would submit the findings for publication in a scientific journal. Out of the anticipated 40,000 participants, around 37,000 have already been enrolled in the clinical trial. The vaccine, which targets two strains of the virus, is given to half of them, while the other half receives a placebo. In addition to Moderna, other companies are striving to create an RSV vaccine.

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