Blue Star wins another prestigious order valued at Rs 149 crores for Electrical & Mechanical works for Mumbai Metro Line III from Dogus-Soma JV

 

MUMBAI, 27 AUGUST, 2020 (TGN): Air conditioning and commercial refrigeration major, Blue Star Limited, has won a prestigious Electrical & Mechanical works (E&M) order valued at Rs 149 crores for ‘Mumbai Metro Line III, Package UGC-03’for five underground stations—Mumbai Central, Mahalaxmi, Science Museum, Acharya Atre Chowk, and Worli,from Dogus-Soma JV.

The scope of this order comprises design verification, supply, installation, testing and commissioning of E&M works including lighting control and protection systems, advanced fire detection and fire-fighting systems, plumbing systems, and SCADA, amongst others,for the above stated five underground stations, tunnels, cross overs, cross passages and auxillary buildings of Mumbai Metro Line III.

Dogus-Soma JV was awarded the ‘Mumbai Metro Line III, Package-UGC-03’ project by Mumbai Metro Rail Corporation (MMRCL).

B Thiagarajan, Managing Director, Blue Star Limited adds, “This is the second significant order won by Blue Star for Mumbai Metro. We are currently executing the prestigious Mumbai Metro project forAir Conditioning and Tunnel Ventilation System of nine underground stations and associated tunnels on Line 3 corridor between Mumbai Central and Bandra. I am proud that with this order we are steadily advancing and marking our project management forte for the Metro Rail sector. Besides, with the growing population in Mumbai, metro connectivity is vital for overall infrastructure development of the city and I am happy that we are one of the companies playing a key role in this mission.” ENDS

NATION’S PRIME ORGANISATION, ‘MEDSCAPEINDIA’ PROPOSES TO HAVE HOSPITALS FOR DOCTORS' COMMUNIT

 

~ A PAN India approach by MedscapeIndia is focusing on the well being of the healthcare community ~

August 2020, Mumbai; Doctors around the globe have been working very hard in order to contain COVID-19 virus since the past six months. These health workers have left no stones unturned in leading the battle against COVID- 19. Leaving their lives and family behind, doctors are working round the clock to tackle every given challenge. Stress and exhaustion have affected the healthcare workers physically and mentally. They have been overworked for the last six months, many of them are working without a day’s leave. The job is so taxing as the Doctors have to treat critical patient, visit containment zones, deliver pregnant, symptomatic and other high-risk contacts, quarantine people, deal with corona positive patients and send them into home isolation, COVID Care Centres (CCC) or hospitals.

The concerns, efforts and dedication of the healthcare community, has further encouraged the team of MedscapeIndia, one of the leading organisations to form a ‘Doctor Welfare Committee’ with 5 core team with the support of the renowned MD Radiologist, Dr Sunita Dube. The healthcare committee is formed in order to acknowledge the job of our medical heroes also to save the lives of doctors who are saver of lives of many covid19 patients. 

This initiative aims to reconsider the incentivization of the redraft of medical policies of the community. 

The team will be introducing minimum 100 beds hospitals in association with Government especially designed for our doctors and medical staff who are fromboth Private as well Government sectors. The healthcare centres are said to be made up of the latest advanced technologies and medical equipments to provide superior healthcare facilities.

The Doctors Welfare Committee at MedscapeIndia has also highlighted this topic and written to the State Chief Ministers and Health Ministries of Delhi, Maharashtra, Gujarat, Uttar Pradesh, and Karnataka. The issue has been acknowledged by a few states which will eventually help in speeding up the process in terms of allocation of hospitals and provision for funds as well.

In the first phase, the prime concern would be to target the states which have higher number of infected doctors and healthcare personnel. However, the facilities at these hospitals will focus on the health, insurance and safety of not only the healthcare community and their family members but will also be available to support the common public whenever in need.

It is observed that, under the coronavirus disease (COVID-19) pandemic, the deaths of healthcare professionals have been increasing as compared to the common public. The number of actual COVID-19 related deaths among doctors is accounted to be 7% to 10%, as they are exposed to the cases directly in hospital setups. They have neglected their own conditions in order to serve the Nation. Every segment be it police, army, navy, air force, railway among others avails customised medical facilities. However, Doctors being in their own field are not benefited equally and lack the privileged access due to current medical policies. As there hasn’t been any provision to ensure their own safety and that of their families, colleagues and staff, the team of MedscapeIndia comes forward to offer this special medical support. 

The aim here is to reduce the percentage of the fatalities among the community, under the right to health and safety as any other citizen of country. 

Commenting on the same, MD & Radiologist, Dr.Sunita Dube says, “My motto has always been to bring about a change in the society and contribute to make India a leading country in the world.Our honourable Prime Ministry has always focused on improvising the healthcare sector. With the ongoing pandemic, we have observed the sincerity, diligence and efforts of our health care providers. In order to save our lives, it is important that we take into account the primary concerns towards the welfare of our Doctors as well. At MediascapeIndia, we have formed a Doctors Welfare Committee to grant special norms to the healthcare community. The aim is to provide them equal rights on health & immediately reduction of death rate.”

While we are all thinking about the post pandemic World, Dr. Dube, already has in place the agenda that can help to achieve the goals towards society.

Dr. Reddy's Laboratories announces the launch of Penicillamine Capsules USP, 250 mg in the U.S. Market

 

Hyderabad, India and Princeton, NJ, USA. August 27, 2020 - Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) today announced the launch of Penicillamine Capsules USP, 250 mg, a therapeutic equivalent generic version of Cuprimine® (penicillamine) Capsules, 250 mg, approved by the U.S. Food and Drug Administration (USFDA). 

The Cuprimine® brand and generic market had U.S. sales of approximately $­­­­­80 million MAT for the most recent twelve months ending in June 2020 according to IQVIA Health*.

Dr. Reddy’s Penicillamine Capsules, USP is available as 250 mg capsules in a bottle count sizes of 100.

Please click here for prescribing information including boxed warning.

Nahi Chaiye Mujhe Woh Siksha Jo Logon Ke Jeevan Ko Kuchal Kar Mile!

 

&TV's Ek Mahanayak Dr B. R Ambedkar in a short period has climbed the popularity charts from the time it was launched in December last year. The show, very recently, completed a successful milestone of 100 episodes. In the current track, viewers will witness the struggle that Bhimrao faces to convince his community villagers to send their kids to school. Bhimrao will see villagers supporting him in his decision and come together to light the alaav which is a symbolic and united fight for the right to education. He will continue to do the same till the time his community children do not get to study in the same school as the other community kids. Revolting against this, Sethji (Sunil Dutt) announces that if they continue supporting Bhimrao, they will not get work in the village. But, will their combined efforts yield results and will Bhimrao be able to go to school again?

Talking about the upcoming episode, Ramji Sakpal (Jagannath Nivangune) shares, "Babasaheb had to face a lot of struggles to ensure everyone gets equal rights to education. In the upcoming episode of Ek Mahanayak Dr B.R Ambedkar, Sethji announces that he will not give jobs to the people who are supporting Bhimrao. Opposing his decision, villagers join hands to support Bhimrao by lighting the alaav. Concerned about the villagers, Bhimrao ponders upon the thought that if his community people are going to suffer then there is no point pursuing what he had started. In protest, Bhimrao goes on to say, 'Nahi Chaiye Mujhe Woh Siksha Jo Logon Ke Jeevan Ko Kuchal Kar Mile.’ How will Bhimrao and villagers united fight against inequality in education bring justice will form the main crux of the story ."

To know more, tune in to Ek Mahanayak Dr B.R. Ambedkar at 8:30 pm every Monday to Friday only on &TV!

SRK, Sonu Sood or Katrina Kaif to be in the hot seat of Gangs of Filmistan

 

Star Bharat's soon to release show Gangs of Filmistan has a special surprise for all its fans.

As they have fastened their seat belts for the premiere of the first episode, a new exciting news has come forward.

The makers of the show are bringing anyone from the above artists who have remained in our hearts forever. Well, we will get to see either the King of Bollywood Shahrukh Khan, People’s messiah Sonu Sood or the gorgeous Katrina Kaif in the hot seat.

Well, according to the sources any of these three will be judging the first episode from the show Gangs of Filmistan.

This news will surely be cheery on the cake moment for all their fans.

So what are you waiting for, get ready to witness the comedy Carnival!

Only at Star Bharat’s Gangs of Filmistan coming on 31^st August every Monday to Friday at 8.00 pm 

‘Excuse Me Madam’ lead actor Rajesh Kumar has tested Corona positive!

Star Bharat recently released the promo of their upcoming show ‘Excuse Me Madam’ and audience couldn’t wait for Rajesh to come back on screen. The actor has tested Corona positive and is now quarantined at home with his family.  With Rajesh Kumar in the lead role, Nyra Banerjee as his boss and Sucheta Khanna as his wife the show was set to launch soon.

Rajesh who rose to fame with his portrayal of Rosesh from Sarabhai vs Sarabhai was all set to make a grand entry with ‘Excuse Me Madam’. A source close to the actor has revealed he is really weak. Recently the actor spoke about the precautions on set but he has now tested positive!

Rajesh who is known for his mettle in acting and knows the comedy genre well looked promising in the promo shared by the channel. We have loved him portraying various roles and we can’t wait to see him on ‘Excuse Me Madam’.  The actor who kept himself busy with organic farming throughout the lockdown was happy to resume shoots however we will soon be able to see him making us smile with his apt comedy timing and his humour.

We wish Rajesh a speedy recovery and hope to see him on our screens soon!

Tune in to Star Bharat to know more about ‘Excuse Me Madam’

Reskilling, Up-skilling Key CSR Tactics to Tackle a Post-Covid World: CII Panel

 

-          Panel Discusses Ways to provide an Atmanirbhar, Digitally Skilled and Inclusive Bharat

-          Experts Vouch for Online Learning Models to build a Sustainable Skilling Program

-          Digital platforms across Verticals like Healthcare, Education, Retail to Generate Significant Employment in Coming Quarters

New Delhi, August 27, 2020: Skill development is one of the best means to achieve sizeable impact and derive strategic imperatives from CSR agenda especially in the challenging times of COVID-19, according to an esteemed panel that discussed “Skill Development through CSR” in a webinar organized by CII, North Region. Digital platforms across verticals like healthcare, education, retail are expected to generate significant employment in coming quarters and the pace at which innovation in skill building is adopted to such online models is critical in the wake of new emerging realities.

Batting for strong inter-agency partnerships and bridging the digital divide, the panelists agreed that Covid has changed the way resources are allocated in CSR. The renewed focus is on employability that leads to employment which further leads to economic upliftment. India is aiming to become a 5 trillion-dollar economy and enjoys a strong advantage of vast and young demographic that stands at a crossover of digital leap. By 2023, 70 million more people will have entered India's workforce (data from the Periodic Labour Force Survey (PLFS) 2017-2018. Unemployment concerns have shot up in India off late due to the Covid-19 pandemic.

In his address Dr. Bhaskar Chatterjee Former Secretary, Government of India, and Former Director General & CEO- IICA, Indian Institute of Corporate Affairs said, “Covid-19 poses special challenges for skill development. Today when the world faces a crisis, the government, corporates and implementing agencies are turning to CSR. Promoting education, special education, employment-enhancing vocational skills is the need of the hour and our law has been successful in addressing that. Difficulty in skilling, re-skilling and people employment are some of the key challenges we need to address. Government must now act as a facilitator and encourage corporates to go more into the skill development. We also need to meet the dynamic needs of the employers by offering flexibility in the courses being designed, certifications being offered and the way we train our resources. The need of the hour is to tap into technology to leap-frog youth of today into employability.”

Brigadier P K Goyal (Retd), Conference Chair and Member, Regional Committee on Skill Development and Livelihood, CII Northern Region addressed the opening session, saying, “Covid-19 and the global lockdown has impacted the skills ecosystem, resulting in imbalance in the skills landscape. There is a dire need to skill, upskill and multi-skill a huge workforce so there is suitable employability. An effective means to do this is through CSR funds. Govt of India, the corporate industry with their funds and the implementing agencies along with consulting agencies are the umbilical link to an effective skilling programme.”

Lt Gen. Dr S P Kochhar, Director General – COAI (Cellular Operators Association of India) added, “A good thing, at present, is that the government has accepted that skilling is a challenge and they are trying to address the gap. We have been advising a skilling program which is Cooperative, Collaborative, Inclusive and Adaptive. If we use technology, such an initiative becomes easier. Training can be normalised across the country, using technology. We can combine Make in India, Digital India, and Skill India, as complementary models and CSR plays a major role in supporting this initiative. We can create co-skilling spaces, with soft and IT skills at the entry-level segment, generic sector skills at the next level of the segment, and the third level being the vaulted training centres where domain knowledge is imparted by industry experts.”

The webinar also included eminent speakers like Dr Sudhir Kapur, Chairman, Regional Committee on Skill Development & Livelihood, CII Northern Region, Ms Anita Rajan, CEO, Tata Strive, Mr R Anand, Principal Consultant & Advisor- HR, HCL Tech Ltd, Mr Chetan Kapoor, COO, Tech Mahindra Foundation, Ms Dhanashree Page Head Operations, Digital Inclusion, CSR, Capgemini India, Ms Romira Roy, Executive Director & Founder SEED, Mr Ashish Singh, Head – ITI Projects, Maruti Suzuki India Ltd, Ms Meenu Bagla, VP and CMO, Cyient Ltd, Mr Rahul Agarwal, AVP-Finance, Goodera, Mr Mahesh Munjal, Co-Chair Regional Committee on Skill Development and Livelihood, CII Northern Region & CMD, Majestic Auto and Mr Arun Nalavadi, ED- Sustainability and Partnerships, Magic Bus India Foundation.

The panel outlined ways for India Inc to utilise its CSR Funds to undertake skilling programs that are vital to restart the economy. It also examined the relevance of the CSR Law for skill building and the importance of creating an ecosystem that enables new age skills for a sustainable future.

Pre book the much awaited ŠKODA RAPID Automatic

 ›  Bookings are now open for the new ŠKODA RAPID AT against a refundable fee of ₹ 25,000

›  Register expression of interest across all authorized sales outlets and on the ŠKODA AUTO India website

New Delhi, 27 August 2020: ŠKODA AUTO India commenced the booking window for the much awaited new RAPID AT against a refundable fee of ₹ 25,000 (Rupees Twenty Five Thousand Only), across all its authorized dealership facilities in the country and on the ŠKODA AUTO India website: https://www.buyskodaonline.co.in/. Having secured a priority status, these pre booked ŠKODA RAPID AT will be delivered to customers from 18 September 2020.

Mr. Zac Hollis, Brand Director - ŠKODA AUTO India, said: “ŠKODA AUTO India recently introduced the new RAPID TSI range of products that now boasts state of the art 1.0 Turbocharged Stratified Injection engine offering the best of both worlds: exceptional power output and excellent fuel economy. An overwhelming response from brand loyalists and auto enthusiasts from across the nation has obligated the Czech marque to push the yardstick further and introduce the convenience of an AT transmission across the RAPID TSI range, at a very competitive price point.”

“The new RAPID AT will offer a compelling combination of the brand’s timeless design ideals, unmatched performance, superior build quality, exemplary ‘value for money’ proposition, and enhanced safety and security. It is deemed to be the best seller in its class, setting the benchmark for functionality, practicality, spaciousness, and convenience.”

At the heart of the new ŠKODA RAPID AT is an incredible new TSI mill. Displacing 999 cm³, the new three cylinder 1.0 TSI petrol engine fosters an astounding 110 PS (81 kW) of power at 5000 - 5500 rpm and 175 Nm of torque at 1750 - 4000 rpm. The fuel efficiency too is exemplary. The new RAPID AT, with the six speed automatic transmission, offers 16.24 kmpl under standard test conditions.

When compared with the outgoing 1.6 MPI engine, the new ŠKODA RAPID AT offers a 5% upsurge in power and a 14% rise in torque output. At the same time, the new RAPID offers a 9% increase in fuel efficiency against the previous motor. The new RAPID AT is calibrated for refinement, efficiency as well as performance, and perfectly fits the urbane lifestyle of the ŠKODA AUTO customers.

Multi-Verse Technologies announce the launch of in:collab, the country’s digital address for safe & secured networking and collaborations

 

~A power-house network application built to discover, create, connect, communicate and collaborate, in a secured environment~ 

27^th August 2020, National: Multi-Verse Technologies Pvt Ltd., backed with the expertise and knowledge of NxtGen Technology in deploying large scale technology stacks, data security and privacy; announce the launch of its first social initiative, in:collab. Citizens can now discover, create, connect, communicate, and transact on a secure end-to-end encrypted system amongst themselves, enterprises and governments. The company, Multi-Verse Technologies is founded with a vision to create use-cases from various advanced technologies like AI and computer vision today, makes its beta-application for general download and use.  Born out of the desire for citizens to take back control in the world of technology, enabling decentralized peer-to-peer or person-to-community collaboration sans the share of vital personal information and data breach, in:collab bridges the deficiencies across multiple social media applications.

While individual participation has been voluntary, we have undeniable digital rights – free speech, privacy and security. Centralized and proprietary architectures of the social media have created digital empires. in:collab disintegrates social media to a  decentralized system that by design enable citizen security and privacy. With no centralized storage of citizen generated content, there’s no possibility of analyzing and influencing user behaviors. To add, incollab will further pool resources from globally reputed security technology vendors to ensure protection for the application system. However, the security landscape is dynamic. To fortify digital safety, MultiVerse Technologies has also put into action a 24x7 content & application monitoring and incident response team, one which has already effectively and efficiently protected many organizations in India.

Social media is a boon similar to internet to the global citizens. We all behave differently in different environments, as a mother/father, a son/daughter, a friend, a colleague at work, we demonstrate multiple personas, that we feel correct in given environments. in:collab enables multiple segregated personas in one social media application. The application enables alliances of like-minded users across various select personas created to ensure complete user control over information shared, managed from one primary account. The ‘Persona’ feature (patent pending) is unique to in:collab, helps citizens to create multiple profiles under one authenticated user. Each persona allows citizens to create as well as personalize content and communication relevant to these specific groups, like a Public persona for general use, multiple Personal personas for friends and family, Work persona for professional peers, Circles persona for communities and interest groups as well as a Live-Local persona, a geo-local profile to engage and collaborate with local businesses and stores. The savvy UI is easy to use and supports seamless, secure data sharing within personas with in-app integrations of multi-media support that include video and voice data.

The Circles, Public, and Live-Local allows for collaboration of businesses and people across geographies. Live-Local, a proximity driven persona specifically caters to all small and local businesses offering them an equal opportunity discovery platform among more famously known global enterprises. The Circles persona allows users to actively engage, discover, and create groups and communities on the application for discussion and action. An appealing digital support that connects individuals with others sharing similar interests and supporting local businesses during these uncertain and socially distant times.

To further ensure complete citizen control and privacy of data, the app allows users to access a free dedicated 256-bit encrypted personal storage - 5GB vault for interesting content to be archived, vital documents, invoices, photos, and more. The Work persona additionally hosts the InfiniteVault™ allowing end-to-end backups that are synchronized across devices enabling secure file sync and sharing of any size across peers of an enterprise. Activity feeds is another highlight of the system with real-time information on the app that also hosts integrated AI algorithms and soon with fact-checkers to tag content for its authenticity and social acceptability. The goal not to curb free speech, but it is critical to ensure citizen awareness. A board of key experts, across domains will govern content that is published and used, even by Multi-Verse Technologies.

Lightweight, device-agnostic, and task-specific tools called Micro-Apps are integrated within the system application. Custom developed to modernize the existing & new applications. The adaptable UI and direct to customer-focused UX of in:collab can also benefit enterprises and governments to share content and engage with individuals directly in a holistic manner, ensuring optimum collaboration. In:collab is a system, where multiple things work together in a cohesive  inclusivity thereby facilitating direct to consumer interactions, allowing sellers to directly engage, interact and transact with their buyers. This peer-to-peer decentralized model is the new way to democratizing trade. Through this feature, Multi-verse technologies have attempted to create a democratic avenue for business, charging them for their presence.

The Live-Local feature will further empower the 4.2 Crore small businesses in India. The staggering 95% of total industrial units in the country employs 40% of India’s workforce. Live-local will now make it possible for these units to have their own eCommerce, direct-to-their customers. Local small traders can now engage consumers in close proximity and serve them just as a global platform would.

Social media allows us to connect with people, securely store and share media, fosters discussions, ideas, nurture hobbies, shop and trade. At launch, in:collab, allows the citizens to do almost all that one would on any social media, but importantly solves three issues that have plagued the social media.

1.       Not just moral intent, but architecturally solve the citizen security and privacy concerns, archive content to a Personal Vault. Eliminate the ability to analyze and influence users.

2.       Allow citizens to have multiple personas and have segregated interactions with groups created of their choice. Live a virtual life, as we do in reality.

3.       Allow businesses to interact directly with peer-to-peer transactions, providing wider choice to consumers and benefit the small businesses that operate in proximity to the individual.

In:Collab is the viable safe alternative for the social citizens, for enterprises and for governments.

Speaking on its launch, Mr. A.S . Rajgopal, Managing Director MultiVerse Technologies and MD, CEO of NxtGen Technologies said, “We are a society of complex and unique individuals. in:collab is built to empower individuals take control of their digital data as well as share and consume content on individual terms. It is programmed to allow seamless collaborations of businesses and build on communities with shared interests enabling a more cohesive interaction yet ensuring complete data privacy. The information visible across personas are at the discretion of the account user, and information on feeds can be quickly verified through fact-checker tagged content building on authentic and responsible consumption of knowledge. A company that believes in freedom across the digital universe, in:collab empowers users with a free 256-bit encrypted 5GB storage vault per account that is decentralized to ensure confidentiality and security of data stored. With this system application, we look forward to all individuals sharing a safe space for collaborations, information share, community nurturing, and interactions online.”

In:Collab is available for individual download on App Store and Google Play and also offers great network plans for enterprises and businesses. Details on plans can be accessed and purchased on

Link to iOS download:
https://apps.apple.com/in/app/in-collab/id1525364007

Link to Android download: https://play.google.com/store/apps/details?id=com.multiverse.incollab

In:Collab App Highlights

·         One account with multiple ‘Persona’

·         Free 5GB decentralized cloud vault for data storage

·         Multi-media support for optimum share and content quality

·         Ability to adapt and integrate Micro-apps

·         InfiniteVault™ for secure and seamless workplace collaborations

·         Live-local for geo-local business and purchase opportunities

·         Culture cultivation through community groups

·         integrated AI enabled algorithms & fact-checkers tagged content for authenticity & social acceptability of news and updates

·         Direct outreach function through groups for enterprises and governments

About Multi -Verse Technologies:

Multi-verse technologies is founded with a vision to create use-cases from various advanced technologies such as AI, computer vision, et al. Multiverse is a customer of NxtGen  Technologies which many mission critical applications for over a 1,000 customers across enterprises and government. Focused on applications, especially bringing citizens, enterprises, and governments together, MultiVerse is the perfect launchpad for the revolution system, in:collab.

CEAT protects Auto rickshaw drivers and customers with ‘CEAT Shield of Safety’

 

New Delhi,27^th August 2020:  CEAT, India’s leading tyre manufacturer with the aim of making mobility safer and smarter, provides the much-needed essential gear to auto rickshaw drivers in the country. With the prime goal of making commute safe for both drivers and customers, the company is providing ‘CEAT Shield of Safety’ equipped with protective barriers for restricting contact between driver and passenger. The kit includes an isolation cover (to be put inside the auto), surface cleaner and sanitizer along with bottle holder, masks and gloves.

Mr. Amit Tolani, Chief Marketing Officer, CEAT Tyres Ltd said, “With apprehensions amongst the commuters on preferring public transport options this initiative will help auto rickshaw drivers to solve their problems of not getting any rides during the Unlock phase. With the ‘CEAT Shield of Safety’ we are trying our best to ensure safety of the auto rickshaw community as well as the passengers. With this in place already, we are planning to explore similar initiatives in other verticals of commuter segments and in various parts of the country.”

In addition to the safety kit, CEAT is also providing collaterals with details on how to sanitize the vehicle and how to ensure the customers safety while riding. These elements will make it easier for customers to choose safer vehicles plying on the roads.

About CEAT Ltd (www.ceat.com):

CEAT, the flagship company of RPG Enterprises, was established in 1958. Today, CEAT is one of India’s leading tyre manufacturers and has a strong presence in global markets. CEAT produces over 15 million tyres a year and offers the widest range of tyres to all segments and manufactures world-class radials for heavy-duty trucks and buses, light commercial vehicles, earthmovers, forklifts, tractors, trailers, cars, motorcycles and scooters as well as auto-rickshaws.

About RPG Enterprises (www.rpggroup.com):

RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of US$ 4 Billion. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.

“Marriage is only a part of life and not a retirement sentence” says Kumkum Bhagya actress Pooja Banerjee

 

With the lockdown gradually lifting and people across the country stepping out into the new normal, Zee TV resumed shoots of its shows and it reconnected its audiences with the journeys of their beloved characters. Kumkum Bhagya, which has been one of the most popular shows on the channel, also ​offered a rather interesting twist to its viewers after its comeback. In fact, popular television actress Pooja Banerjee was also introduced as the new Rhea and she has brought quite a stir to the show. This beauty with brains has impressed everyone with her portrayal of the character and a rock-solid social stance.

Pooja Banerjee is a woman of virtue who strongly supports the thought of women having the opportunity to grow and advance their careers post marriage. The support she extends to this empowered belief, roots from an incident of her personal life. Pooja who has been married for almost 3 years now, recently revealed how she was advised against tying the knot owing to repercussions that might result in lesser roles.  Contrary to the myth prevalent in the industry about married actresses, Pooja has been on endless spree of roles working much more and constantly post her marriage. The actress truly

Believing that marriage and companionship is a need and a part of life and not a retirement sentence for a career-centric woman, Pooja Banerjee revealed,“I have grown up watching my mother juggle her career and her household tasks in such an effortless manner that her will power and sheer hard work inspired me to achieve and have all I want in life. After making it as an actress when I wanted to get married, my family was against it with the fear that it might lead to loosing out career opportunities. I somehow convinced my parents that getting married will never come in the way of me working, and if I am good enough and if I have talent and potential, I will get work. Well, I have been married for 3 years now and I have both, a flourishing career and a household too!”

Adding further, the actress said,“Most of us think, it’s too much for a woman to have and seamlessly handle both, a career and a household. Personally, I despise it and I support women with ambition and wanting to have a career even after getting married. I try to motivate all the girls out there who think marriage is a tag that implies an end to their career. Marriage is only a part of life and not a retirement sentence.”

While Pooja continues to inspire women around her, her character of Rhea is surely upto plotting something evil against Pragya!

To know more tune in to Kumkum Bhagya every Monday to Friday at 9 pm, only on Zee TV

Fantasy Sports Team Selection Requires Higher Skill Than Mutual Fund Management

 

Is It Luck or Skill?’ is a joint academic study by Prof. Vishal Misra & Prof. Devarat Shah from MIT and Columbia University

National, August 26, 2020:  Today, Researchers from MIT (Massachusetts Institute of Technology) and Columbia University published a joint academic study titled ‘Is It Luck or Skill?’. The study applies tests to data obtained from Fantasy Sports platforms for cricket and basketball (2013 to 2016) and various Mutual Funds (2005 to 2018). The study conclusively demonstrates that luck plays a bigger role in the success of a Mutual Fund Manager compared to that of a Fantasy Sports player. The study includes over 16 million data points collected over 4 years.

The rigorous data-driven study, undertaken by the researchers at MIT and Columbia University, uses a robust statistical framework for evaluating the hypothesis of luck and applies a novel test that addresses the question of whether fantasy sports is a game of skill or luck. The study was performed by Prof. Vishal Misra, Columbia University, Prof. Devavrat Shah, MIT and Dr. Sudarsan V. S. Ranganathan from MIT. 

Key Findings:

1. The research study quantifies the degree to which fantasy sports and mutual funds relatively exhibit a predominance of skill
2. Data as provided by Dream11 for this study strongly indicates a predominance of skill, in that luck may have more role to play in Mutual Fund Management than that in Team Selection in Fantasy Sports format as offered by Dream11 since the variance in skill is higher in Fantasy Sports than that in Mutual Fund Management. 
3. Dream11’s fantasy cricket data indicates a skill predominance by a factor of 10, while the mutual fund data indicates skill predominance by a factor of 3
4. The hypothesis of luck playing a role in the fantasy sports team selection is overwhelmingly rejected. In particular, the data present strong evidence that the outcomes of fantasy sports (cricket and basketball) administered by the Fantasy Sports operators, like Dream11, are not driven by pure luck and skill has a predominant role to play
5. The number of users in Dream11’s fantasy sport, with predominant skill, is at least 9x higher compared to that if skill had no role to play

Talking about the study, Vishal Misra, Professor in the Computer Science and Electrical Engineering Departments at Columbia University, said, “Online Fantasy Sports (OFS) is a rapidly growing industry, especially in India. Time and again the OFS industry has presented a challenge for the regulatory bodies across the globe: do they represent gambling or games of skill? Our mission was to address this question scientifically and devise a technique that can answer this question rigorously. Our analysis included data sets from Fantasy Sports as well as a vocation that requires significant analysis and research, Stock Market - Mutual Funds. Based on our comprehensive research with a data set containing millions of events, it is safe to say that picking a team for fantasy sports requires a significant amount of skill and the variations in skill levels of Fantasy Players exceeds that of the Mutual Fund Managers we analyzed.”

Talking about the methodology applied to the study, Devavrat Shah, Professor of Artificial Intelligence and Decision as well as Director of Statistics and Data Science at MIT, said, “The question of whether skill has a role to play in fantasy sports presented us with an opportunity to address age-old questions by developing novel mathematically grounded data-driven test: the failure of the test, as it happens to be the case data observed on Dream11 platform, undeniably establishes that their skill has significant enough role to play in the outcomes. Indeed, it makes sense to check whether mutual funds, which are traditionally considered to be driven by skill, do manage to fail such a test. But the intensity of failure in the context of Dream11, for example, is much more significant. That is, we are way more confident about the role of skill in the outcome of Dream11 compared to the performance of mutual funds!”  

A similar study was undertaken by Dr. U Dinesh Kumar, Professor, Decision Sciences, IIM Bangalore in 2019 which, through a detailed analysis of the data set with sufficient evidence, established that Dream11’s format of fantasy sports is skill dominant. The inferences indicated that player selection has a huge influence on achieving high scores, therefore establishing that performance on the Dream11 platform is skill dominant. The students at IIM Bangalore also go through this unique case-study as a part of their curriculum (https://www.iimb.ac.in/iimb-research/case-studies). This case has been published in the Harvard Business Review and is available in 75 countries across more than 410 universities. Link: https://store.hbr.org/product/fantasy-sports-a-game-of-skill-or-chance/IMB781

About Prof. Vishal Misra- Vishal Misra is a Professor in the Computer Science and Electrical Engineering Departments at Columbia University, where he has been on the faculty since 2001. He is an ACM and IEEE Fellow, and his research focus is on modelling, analysis, and design of network systems. His work is used by hundreds of millions of users daily, whether it is in the form of commercial products via the companies he started (ESPNCricinfo and Infinio), Internet standards (bufferbloat control mechanism in every cable modem as part of DOCSIS 3.1) or regulations (India has the strongest net neutrality regulations anywhere in the world, which follow his recommendations). He received his B Tech from IIT Bombay and MS and PhD degrees from UMass-Amherst. Honours include NSF CAREER Award, DoE CAREER Award, IBM and Google Faculty Awards, Distinguished Alumnus Award (IIT Bombay) and Distinguished Young Alumnus Award (UMass-Amherst).

About Prof.Devavrat Shah- Devavrat Shah, a faculty member of Electrical Engineering and Computer Science at MIT since 2005, is a member of the Laboratory for Information and Decision Sciences (LIDS) and the Institute for Data, Systems and Society (IDSS). He is the founding director of the Statistics and Data Science Center (SDSC) with the mission to set up a 21st-century academic unit in Statistics and Data Science at MIT.  His work has received multiple recognitions - Rising Star Award from the Association for Computing Machinery (ACM) Special Interest Group for the computer systems performance evaluation community (SIGMETRICS), the Erlang Prize from the Applied Probability Society of INFORMS in addition to paper prize awards including the Best Publication Award from the Applied Probability Society of INFORMS, Best Paper Award from Manufacturing and Service Operations Management Society of INFORMS, N(eur)IPS Best Paper Award and ACM SIGMETRICS Best Paper Award.  He received the 2019 ACM SIGMETRICS Test-of-Time Paper award. He received NSF CAREER Award and is a distinguished young alumni of his alma mater IIT Bombay. In 2013, he founded the machine learning start-up Celect, Inc. which helps retailers with optimizing inventory by accurate demand forecasting. In August 2019, Celect, Inc. was acquired by Nike, Inc.

DXC Technology Onboards 500 Women New Hires in a Single Day

 Reinforces the company’s commitment to fostering an inclusive and diverse culture

Bengaluru, India, 27 August 2020 – DXC Technology (NYSE: DXC) today announced that it has onboarded 500 women hires in a single day in India. The new women joiners come from leading institutes and engineering campuses across India to begin their professional careers across a variety of technology disciplines with DXC.

DXC in India has hired approximately 5000 campus graduates this year and 50% of them are women. The company continues to invest in campus relationships and has plans to increase the number of graduate hires next year with the aim to ensure the right representation and talent pool required to serve customers.

DXC’s hiring practices reflect the company’s commitment to promoting a diverse and inclusive corporate culture. By hiring women employees to create a healthy gender balance, DXC is cultivating an inclusive environment where all employees are rewarded for superior performance and recognized with equal opportunities for growth.

“DXC is proud to welcome these young people and future technology leaders to our team. We strongly believe that an inclusive culture powers better business results. As diversity is one of the cornerstones of our growth strategy, our future success depends on how we leverage our collective and diverse talents and strengths,” said Lokendra Sethi, Vice President and India Human Resources leader, DXC.

“DXC’s diversity charter is core to its success. We are committed to building our future by collaborating with the right talent and furthering a culture which rewards diverse strengths and merit. Bringing on board 500 skilled women colleagues in a single day reinforces our belief in the value of diversity,” said Nachiket Sukhtankar, Managing Director, India, DXC.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. With decades of driving innovation, the world’s largest companies trust DXC to deploy our enterprise technology stack to deliver new levels of performance, competitiveness and customer experiences. Learn more about the DXC story and our focus on people, customers and operational execution at www.dxc.technology.