V-Trans (India) Ltd Appoints Mr. Deepak Rathi As The Group Chief Financial Officer

V-Trans (India) Ltd, an integrated single window logistics solution provider appoints Mr. Deepak Rathi as Group Chief Financial Officer (CFO) of V-Trans (India) Ltd group w.e.f. October 13, 2022.  

Mr. Rathi possesses over two decades of experience as a finance professional. Previously, he was associated with Greaves Cotton Ltd as Vice-President - Finance. In his earlier experience, he has worked with companies like Future Group, Essel Group, Reliance Media World, and Garware Polyester among others companies.    

Mr. Rathi is expected to drive strategic growth and set up processes and capital structures. The CFO's appointment comes as part of the company’s growth strategy that includes the Capital raising plans in the next 2-3 years.  

V-Trans India has a turnover of about Rs 1,200 crore. It is a six-decade-old company and has three business verticals V-Trans, V-Xpress, and V-Logis. V-Trans India has 850 branches and over 3,000 professionals to provide logistics solutions.  

Commenting on his appointment as the Group Chief Financial Officer, Mr. Deepak Rathi said, “I am delighted to be a part of the prestigious Company and aim to drive the Company’s financial vision with added zeal. We intend to tap the financial market by working as a cohesive and collaborative team. As the company plans to scale up, my role is increasingly critical both in capital raising for growth and management of risks.” 

About V-Trans (India) Ltd: 

V Trans India Ltd is a preferred single window logistics solution provider. A 6-decade old company that has evolved from a traditional transport player to a national logistics solution provider company.  

V Trans group with its 3 business verticals, V Trans, V Xpress, and V Logis, provides all solutions of surface transport, multimodal express cargo movement, and warehousing & 3PL. Reach across the nation, the experience of diverse industry needs, and the solid ethical foundation provides V Trans group an unmatchable positioning. From small loads to ODC consignments, from single shipment to the requirement of full project handling or the complex 3 PL solution, our group has it all.  

Our intentions are to solve the business problems of our clients and to become their logistics edge. We consider our role more than a logistics service provider, and we act as a business partner to our clients. 

Visit us – https://vtransgroup.com/ 

Federal Bank Offers “Group Credit Shield” For Its Credit Card Holders In Association With Ageas Federal Life Insurance

* The life cover equals the credit limit, up to a maximum of Rs 3 Lakh, for a term of 1 year  

* A digital-first product, the cover can be bought within 3 minutes with just a few clicks  

Federal Bank, one of India’s leading Private Sector Banks, today announced an extension of its partnership with Ageas Federal Life Insurance by offering “Group Credit Shield” for Federal Bank’s Credit Card holders. Group Credit Shield is an exclusive cover and equals the credit limit, up to a maximum of Rs. 3 Lakh for a term of 1 year.  

This hassle-free and innovative sachet product requires no additional documents, no medical examinations, and is a single premium plan. Catering to customers, especially millennials, who desire ease and convenience, while at the same time ensuring safety and security, the Group Credit Shield plan can be bought online within 3 minutes with just a few clicks.  

Federal Bank currently has three variants of Credit Cards namely Celesta, Imperio and Signet in association with Visa, Mastercard and Rupay respectively. Each card is designed to cater to the needs of different segments of customers.  

Commenting on the launch, Mr. Karthik Raman, Chief Marketing Officer and Head - Products, Ageas Federal Life Insurance said, “We are delighted to partner with Federal Bank to introduce our Group Credit Shield for Federal Bank’s Credit Card customers. Group Credit Shield provides customers a life insurance cover that will secure their credit spends and protects their loved ones from having to shoulder the burden of repaying the debt in case of an unfortunate incident.” 

Ms. Shalini Warrier, Executive Director, Federal Bank said, “The Group Credit Shield product is designed to enhance Federal Bank’s credit card proposition. The ease & convenience that a completely digital process provides will surely add to customer convenience. By offering such bite-sized, bundled products, we hope to further increase insurance penetration in the country.”  

More Than 1 Lakh PNB Employees Take Integrity Pledge To Mark "Vigilance Awareness Week"

Punjab National Bank, nation’s leading public sector bank with over a lakh employee, takes Integrity Pledge in a ceremony on October 31, 2022. The ceremony was part of the Vigilance Awareness Week being observed from 31st October to 06th November 2022 in line with the directives of the Central Vigilance Commission (CVC). The pledge was taken to inculcate a culture of honesty amongst staff members and focus on the quality of services, free from defects and corrupt practices. 

This year, with the aim to maintain its ecosystem of ethical practices, PNB commenced towards the vigilance awareness week following the theme of Corruption Free India for a Developed Nation on National Unity Day. Paying its tribute to, Sardar Vallabhbhai Patel, the architect of national integration of Independent India, PNB employees also took a pledge on national unity.  

The integrity pledge was administered by Shri Atul Kumar Goel, MD & CEO, at PNB’s Corporate Office in Dwarka, New Delhi in the presence of CVO, EDs, CGMS, Senior Officials and rest of the staff. Messages from the Honorable President of India, Prime Minister of India, Vice-President of India and Central Vigilance Commissioner were echoed during the ceremony.  

Speaking on the occasion, Shri Atul Kumar Goel, MD & CEO, emphasized the need to be vigilant in our daily routine to prevent any malpractice. He also stressed the importance of digitization to eliminate corruption risks and said, “PNB has taken several digital initiatives to avoid corruption and strongly believes tech innovations are needed to strengthen integrity systems. Some of such recent digital innovations of the Bank include the Revamped PNB One Mobile App, Pre- Approved Personal Loan in four clicks and single OTP, WhatsApp Banking, Online KCC Renewal etc.” 

“The purpose of celebrating the Vigilance Awareness Week is to be cautious and alert in our professional and personal lives against all potential risks. The core theme of Corruption Free India reminds us to create an atmosphere, or an ecosystem, wherein members of the PNB Parivaar stay true to the organization’s values,” said CVO  Shri Vijay Kumar Tyagi.  

The bank has also organized multiple activities and outreach programs, such as seminars, workshops and walkathon to sensitize the public about the need for transparency and integrity in public governance. At the rural level, the bank is organizing multiple workshops and Gram Sabhas on preventive vigilance to emphasize on the importance of integrity, transparency, and commitment for every citizen of India. This has been executed via street plays, folk songs, local carnivals and interactive competitions such as quiz, cartoon making, slogan writing, rangoli, painting, posters making to count a few.  

Additionally, for the bank’s staff, competitions such as online quiz, essay writing, jingles, and poster making have been organized during the Vigilance Awareness Week. 

Aditya Birla Health Insurance Launches Activ Fit In Indian Market

A comprehensive health insurance policy for young and healthy adults

·         10% upfront good health discount while buying the policy

·         Upto 50% HealthReturnsTM on staying healthy

·         Mental counselling covered

Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), a significant non-bank financial services conglomerate, has launched ACTIV FIT, a comprehensive health insurance plan for young and healthy adults. Targeted at consumers who are health aware and active, this new product by ABHICL is a first of its kind in the industry and looks at rewarding them for their good health behaviour.

The new Activ Fit plan provides an upfront 10% good health discount basis an assessment done through a unique facial scan, upto 50% HealthReturnsTM on being active and 100% Binge Refill to ensure that health insurance becomes an attractive proposition for the cohort. Apart from these primary features, the insurance policy also covers Maternity Cover, modern treatment along with in-patient hospitalisation. All this comes at an affordable premium for a generation that values quality, convenience and access.

Key Features of the Activ Fit plan include:

10% Upfront Good Health Discount, while purchasing the policy (basis the results of Health Risk Assessment & facial scan)

All customers below the age of 35 years can avail an Early Bird Discount at renewal, 5% from 4th to 7th policy year & 10% from 8th policy year for the life time of the policy

Customer’s efforts to stay healthy will be rewarded with up to 50% HealthReturnsTM

In case of hospitalization, if they fall short of their insurance cover, the customer can use the 100% Binge Refill feature. This feature enables them to get cover upto sum assured, for any illness/injury

The product also includes Modern treatments, Mental Care Cover, HIV/ AIDS and STD, Day Care treatments, pre-hospitalisation & post-hospitalisation and road ambulance cover

All Maternity Benefits - Normal Delivery, C-Section Delivery, New born Baby Expenses, Vaccination Expenses & Stem Cell Preservation are covered

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Speaking on the launch, Mr. Mayank Bathwal, CEO at Aditya Birla Health Insurance Co. Limited, said “At 42.6 crore, millennials account for 34 per cent of India’s population. They are the demographic dividend of the nation and are more aware of health and wellness benefits than the earlier generation. The pandemic has changed the perception that they are immune to health related issues or only their employer provided health cover will suffice future medical costs. Our new Activ Fit plan has been designed keeping in mind this new awareness and health security needs of this often over-looked audience. It is not just a health insurance plan that provides financial cushioning, but a one-stop health solution that nudges the customer to live a healthy and rewarding life”

U-Report Celebrates 2 Million U-Reporters Milestone In Indian Market

* UNICEF’s Flagship Digital Youth Engagement Platform To Help Young People Raise Their Voices On Issues That Matter To Them The Most

U-Report India, the global flagship digital youth engagement platform initiated by UNICEF, celebrated the enrolment of over 2 million U-Reporters in India. U-Report is UNICEF's flagship digital platform started in 2011, and relaunched in India in 2019, to engage young people in programme priorities, emergency response and advocacy actions.

U-Reporters are young people who have enrolled voluntarily in the U-Report platform who use WhatsApp, Facebook Messenger, Telegram or Instagram DM to provide information on issues that matter to them the most, to influence change. U-Report in turn engages the youth through Quizes, polls, surveys, resource bots and tasks and shares opinions and ideas, verified information and opportunities, resources and toolkits on life skills, career mobility, climate change and environmental sustainability among many other topics. It is also a key tool to collect quantifiable data on specific areas that impact children, including the most vulnerable.

Speaking at the event celebrating the two million U-Reporters, Cynthia McCaffrey, UNICEF India Representative, said, “The youth of India form the largest generation of young people. U-Report gives the girls and boys, and young women of India a platform to pursue their potential by co-creating solutions, sharing their views, ideas and informing policy and business decisions. U-Report helps young people play raise awareness on issues that matter most to them, and as a result contribute to improving the well-being of hundreds of millions of families and communities. UNICEF is proud of the partnership with the Government of India, private sector, United Nations, YuWaah and youth themselves that has made U-Report India a model of success”

Over 1 million youth joined the network in the past year itself. The digital platform has the highest representation from Haryana, having 340,000 U-Reporters, followed by Uttar Pradesh, having over 119,000 U-Reporters. Thirty-nine per cent of the U-Reporters in India are in the 15-19 age group, followed by the 20-24 age group comprising 31 per cent of the network. Forty-six per cent of this network is comprised of girls.

With the closure of schools and colleges during the pandemic, U-Report India worked collaboratively with YuWaah (Generation Unlimited, UNICEF India) to develop engaging tasks to promote meaningful civic engagement in young people, promoting COVID appropriate behaviour followed by interactive 21st century-skills learning bot, FunDoo. With the collaboration of YuWaah and other 1,350+ partners, including the Ministry of Health and Family Welfare (MoHFW), Ministry of Youth Affairs (MoYAS), Central Board of Secondary Education (CBSE) the #YoungWarrior movement engaged over 800,000 young people on U-Report India.

Speaking on this occasion, 17-year-old Irene Mariam John from Kottayam, Kerala said, “I have been engaging with U-Report since 2021 on various conversations of climate change, COVID Appropriate Behaviour and life skills, but, this was the first time I learned about kindness to others through the #KindnessMatters campaign, the purpose of which is to mobilize the world’s youth to achieve the 17 SDGs through transformative acts of kindness.”.

On this occasion, U-Report also launched a ‘Race to the Next Million Campaign’ to encourage more enrolments on U-Report India through referrals which will reward the young people with maximum referrals to achieve the next 1 million U-Reporters, and the U-Ambassadors programme to recruit young people as representatives of U-Report in their own region to promote enrolment and interactions on ground.

Eleven U-Reporters were felicitated for their exemplary engagement on U-Report India. Dhananjay Kumar, 17- year-old U-reporter from a remote block in West Champaran Bihar said, “I find the conversations on Climate Change very relevant and I use the resources from U-Report India to share the information with my youth peers.” 

More than 50,000 young people from pan India joined the event online.

L&T Construction Secures Significant Power Transmission Orders In Saudi Arabia

The Power Transmission & Distribution business of Larsen & Toubro has secured multiple EPC orders in the current quarter to build Transmission Lines and Substations in the Kingdom of Saudi Arabia.

The business will undertake engineering, design, procurement and construction of more than 400KM of 380kV Overhead Transmission Lines and a new 230kV Gas Insulated Substation with associated automation and protection systems.

The transmission network strengthening augurs well for providing reliable, safe and efficient electricity supply as Saudi Arabia is embarked on an ambitious National Renewable Energy Program towards attaining optimal generation mix as envisaged in its strategic vision for 2030.

These repeat orders from the largest electric energy system provider in MENA region demonstrate the core strengths of the business and the customer confidence it has gained over decades of its association in the Kingdom.

Background:

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality has enabled L&T to attain and sustain leadership in its major lines of business for eight decades..

Indira IVF Incorporates AI Tool ‘Life Whisperer’ To Make IVF Pregnancy More Affordable And Accurate

India’s largest fertility treatments chain, Indira IVF, ties up with Presagen to roll out the latest Artificial Intelligence (AI) tool ‘Life Whisperer’ at their 100+ clinics across the country. This AI tool aids in improving embryo selection in in-vitro fertilisation (IVF) and provides increase in pregnancy prediction thus, reducing the number of cycles required for successful conception. This not only leads to more assurance of pregnancy but also ensures cost saving for patients as they don’t have to undergo multiple cycles.

The incorporation of Life Whisperer would allow Indira IVF to take a step further in building transparency and assurance for its patients. Internationally tested, Life Whisperer uses AI to assess two embryo quality metrics—Life Whisperer Viability to assess how likely an embryo is to lead to a pregnancy, and Life Whisperer Genetics to non-invasively assesses embryo genetic integrity. This tool analyses quality of patient embryos, backed by extensive scientific evidence that equates to bringing in decade-long experience of the embryologists at Indira IVF.

Speaking on the development, Dr Nitiz Murdia, Co-Founder and Managing Director at Indira IVF said, “As a technology-first company and a patient-centric healthcare organisation, Indira IVF is always committed to its four founding pillars of creating affordability, assurance, awareness and accessibility. With Life Whisperer, we will be able to provide additional transparency and confidence to our patients around the IVF procedure by providing them a report on the AI results of their embryos. With the aim of improving IVF outcomes for patients in India, our organisation will continue to address every gap in the path of quality fertility treatment in the country.”

Speaking on this, Dr Kshitiz Murdia, Co-founder and CEO at Indira IVF said, “As a leading IVF chain, our endeavour has always been to provide the best possible treatment to our patients which is at par with international standards. We are delighted to be able to include this new technology which will certainly enhance the success rate of IVF procedures. Life Whisperer will support embryologists in making an objective decision on the best embryo required for conception. It will ensure couples have the greatest chance of starting a new family sooner.”

Commenting on this pact, Presagen’s CEO, Dr Michelle Perugini said, “We are thrilled to be working with Indira IVF in helping them integrate the most technically advanced and well-tested AI technology into their IVF treatment procedures. Indira IVF and Presagen have a long-term partnership to continue in furthering the advancement of AI in fertility.”

Life Whisperer is currently authorized for sale in over 40 countries worldwide, with India as a key market. It is backed by extensive scientific evidence, clinical data, and numerous recent publications, including two in Nature Scientific Reports, two in Human Reproduction, and a recent paper in Reproductive Biomedicine Online (RBMO), and is regularly presented at global fertility meetings conducted by the European Society of Human Reproduction and Embryology (ESHRE) and the American Society for Reproductive Medicine (ASRM).

About Indira IVF

Indira IVF is India’s largest infertility speciality clinics chain with 114+ centres across the country, supported by a passionate workforce of over 2,400 people. Indira IVF performs about 33,000+ IVF procedures a year – the highest number in the country.

As a responsible leader, Indira IVF constantly strives to dispel the stigma, taboo, myths and misinformation about infertility. Indira IVF is also committed to developing and grooming talent for fertility treatments. Through the Indira Fertility Academy it collaborates with like-minded organisations and institutions to further this cause. Having perceived the potential of Indira IVF in the sector, TA Associates, a leading global equity firm from the U.S., invested in the organisation in 2019.

Indira IVF was founded in the year 2011 in Udaipur, Rajasthan by Dr Ajay Murdia.

For more information log onto https://www.indiraivf.com/