La Trobe University Strengthens Partnerships In Indian Market

* Signs MOU with Bangalore Bioinnovation Centre, Bangalore; Lady Shri Ram College, Delhi and Jindal Global Law School, Panipat

La Trobe University’s Vice-Chancellor, Professor John Dewar AO, is in New Delhi this week with Australian Education Minister, The Hon. Jason Clare MP, to cement strategically important partnerships with universities, research centres, and industry partners in India.

Official agreements signed at ceremonies over the three-day visit will strengthen global research and industry collaborations and create new international learning opportunities for staff and students at La Trobe, and its partner organisations in India.

Professor Dewar will meet with representatives from some of India’s leading educational and research institutions, including the Bangalore Bioinnovation Centre, Lady Shri Ram College and Jindal Global Law School.

Professor Dewar said he was excited that these newly established partnerships with leading research and teaching institutions and industries would further deepen La Trobe’s already established relationship with India.

“We have a long and proud history of close ties with many of India’s leading research, educational and cultural institutions, and deeply value the contribution they make to our campuses and communities,” Professor Dewar said.

“Whether offering Shah Rukh Khan scholarships for aspiring female researchers, partnering with the Indian Film Festival of Melbourne, or graduating thousands of students with Indian heritage who now hold senior positions across the globe, our partnerships in India are critical to our success as a university.”

Professor Dewar said the ceremonial signings during his trip to India would reap many benefits for staff, students and communities in both countries.

“As a global University, we are always seeking new ways to foster and enhance international collaborations that not only benefit our own students and staff, but create new and exciting opportunities for those institutions with whom we build partnerships,” Professor Dewar said.

“This is exactly what these exciting agreements signed today will do, and I very much look forward to us working productively with these four institutions over the coming years, as well as with our many other valued partners in India.”

La Trobe took part in the following signing ceremonies on 2 March, 2023, in New Delhi:

Bangalore Bioinnovation Centre – Signing of Memorandum of Understanding

Bangalore Bioinnovation Centre (BBC) is the largest Biotech start-up hub in India – a state-of-the-art translational research and entrepreneurship centre catering to all the needs of start-ups in life science. With investment from the Victorian Government, La Trobe will open a new Bio Innovation Hub and Digital Innovation Hub in 2023, connecting researchers and early-stage companies within this ecosystem to build their product development pipeline both in Australia and in India. This new collaboration between La Trobe and BBC will create a pipeline of innovations as start-ups. BBC has a very strong mandate to create global linkages to facilitate the scale up for its start-ups and to provide soft landing pads for foreign start-ups. 

Lady Shri Ram College – Signing of Letter of Support and renewal of Student Mobility Agreement

This Letter of Support extends a long-standing arrangement between Lady Shri Ram College (LSR) and La Trobe for LSR Students Mobility as well as staff exchange to undertake professional development activities at La Trobe each year. This arrangement supports LSR’s mission to “empower women to assume leadership roles in a globalised, rapidly changing, technology-based nation and world”, and sits alongside a student mobility agreement that has seen an exchange of about 60 students between the two institutions since 2011. Since its inception in 1995, the La Trobe-LSR partnership has gone from strength to strength and has led to cultural exchanges, and activities supported by the New Colombo Plan. Lady Shri Ram College for Women is committed to extending horizons, creating new metaphors that will highlight all that is special and of virtue in India, while nurturing multiculturalism.

Jindal Global Law School – Signing of Articulation Agreement Juris Doctor

This agreement will enable undergraduate law graduates from Jindal Global Law School to complete years two and three of the Juris Doctor at La Trobe University. JGLS, as a highly regarded law school in India, fosters curriculum, research, and collaborations of the highest standards, and with a global perspective, through a faculty drawn from, and educated throughout, the world. This agreement will give JGLS undergraduate law graduates the opportunity to study abroad and attain a graduate law degree from La Trobe Law School, one of Australia’s most progressive law schools. It is envisaged that this collaboration will lead to cross-institutional research projects, workshops and seminars.

For enquiries about La Trobe University, visit: www.Latrobe.edu.au/international 

Quest Global Is Great Place To Work Certified In India, For The Second Year In A Row

Quest Global, one of the world’s fastest-growing engineering services firms, today announced it has been Great Place To Work® Certified™ in India. It is the second time that the organization has earned this recognition. The organization last received this recognition in January 2022.

Quest Global fared well on the five critical dimensions of Trust Index™ - credibility, respect, fairness, pride, and camaraderie. The company remains committed to promoting and sustaining a High-Trust, High-Performance Culture, and guiding the firm towards strengthening its aim to be a centenary organization. The successful participation and vote of confidence in the assessment held across the organization by Great Place To Work anonymously helped Quest Global benchmark the people practices in India.

Speaking on the occasion, Ms. Colleen Doherty, Chief People Officer, Quest Global, said, “It truly is a proud feeling to be Great Place To Work Certified. The excitement is more this year as our extraordinary people once again ensured the Certification stays with us second time in a row. It says a lot about the culture we have fostered for over 25 years and continue to nurture. Our culture unites us on our journey. It is deeply rooted in everything we do and shines brightest in our behaviours, attitudes, and values.”

She elaborated, “We believe our inclusive work environment is one we each contribute to and can be proud of. We remain committed to prioritizing every employee’s health, safety, and well-being. This esteemed title is an important step towards acknowledging our efforts to embrace diversity and inclusivity in the ever-changing workplace culture.”

Great Place To Work Certification™ is the gold standard that organizations around the globe aspire to accomplish. The recognition is a testament to the organization’s consistent efforts to build and sustain a High-Trust, High-Performance Culture.

Great Place To Work is the global authority on workplace culture. In India, the institute partners with more than 1,400 organizations across 22+ industries annually to help them build a High-Trust, High-Performance Culture designed to deliver sustained business results. The institute’s research shows great workplaces are characterized by outstanding leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver the same experience to all of their employees irrespective of their role, gender, tenure, or level.

About Quest Global

We are Quest Global. We’re in the business of engineering, but what we’re really building is a brighter future. It’s not just what we do, but why we do it that makes us different. We believe engineering has the unique opportunity to solve the problems of today that stand in the way of tomorrow. For 25 years, we have strived to be the most trusted partner for the world’s hardest engineering problems. As a global organization headquartered in Singapore, we live and work in 17 countries, with 56 global delivery centers & offices, driven by 17,000+ extraordinary employees who make the impossible possible every day.

Quest Global brings deep industry knowledge and digital expertise to deliver end-to-end global product engineering services.  We bring together technologies and industries alongside the contributions of diverse individuals and their areas of expertise to solve problems better, and faster. This multi-dimensional approach enables us to solve the most important and large-scale challenges across the Aerospace & Defense, Automotive, Energy, Hi-Tech, Healthcare, Medical Devices, Rail, and Semiconductor industries. Read more.

About Great Place To Work Certification

This Certification is the gold standard that organizations around the globe aspire to accomplish. Great Place To Work is the global authority on workplace culture. In India, the institute partners with more than 1,400 organizations annually across over 22 industries to help them build a High-Trust, High-Performance Culture designed to deliver sustained business results. The institute’s research shows that great workplaces are characterized by outstanding leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver the same experience to all of their employees irrespective of their role, gender, tenure, or level within the organization.

Home Grown Auto Major, Tata Motors Now Joins The Elite 5-Million Club

* Last 1 million achieved in 2.5 years

Tata Motors, India’s leading automobile manufacturer, today announced attainment of the 5 million passenger vehicles production mark. The Company achieved this milestone today and amidst much fanfare, the employees celebrated this milestone in a unique way where the Tata Motors family and the much admired, New Forever range of Tata cars and SUVs came together to create the 50-lakh formation. This milestone is testimony of the popularity of its cars among the Indian customers.

Commenting on this historic milestone, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd. said, “Today marks a celebratory moment in the history of Tata Motors as we celebrate our 5-million production mark milestone. This journey, from each million to the next, has been one replete with its fair share of ups and downs. We have been changing India with every new product intervention. Every Innovation was with the idea of building the nation. The brand is respected by its customers for bringing several new technologies and we express our gratitude for the tremendous support by our customers who have made this landmark achievement possible. We owe this milestone to our employees, suppliers, channel partners, government for their continued support. At Tata Motors, we remain committed to continuously innovate and be a leading stakeholder in moving the future of mobility ahead in India with safer, smarter and greener solutions.”

To celebrate the 5-million production milestone, Tata Motors will roll out a celebratory campaign for customers and employees in India. Through the campaign, Tata Motors will deck-up its dealership and sales outlets with branded outfits and the signatory mnemonic to mark the milestone. The Company will continue month-long celebrations across its manufacturing locations and regional offices.

Tata Motors achieved the 1 million production mark in 2004, the second million in 2010 and reached the 3 million mark in 2015, and rolled out its 4 millionth car in 2020. In what serves as a testimony to the Company’s strong product portfolio and increasing consumer connect, Tata Motors was able to stride ahead from 4 million cars to the 5 million within three years, despite Covid-19 and Semiconductor shortage crisis which plagued the global automotive industry. Since 1998, Tata Motors has introduced some iconic brands that have stood the tide of time, played an integral role in shaping the motoring landscape in the post-economic liberalization era and are still popular in many households across India.

To know more about offers and car buying options, call your nearest dealership or visit https://cars.tatamotors.com/.

Kotak Silk Unveils “Meri Udaan, Meri Pehchaan” Sculpture At GIFT City To Commemorate International Women’s Day

* The sculpture salutes the Spirit of the ‘Aatmanirbhar’ Indian Women taking flight and creating their own identity

Kotak Mahindra Bank Ltd. ("KMBL" / "Kotak"), today unveiled a specially commissioned sculpture at GIFT City, ahead of International Women’s Day on 8th March. Titled "Meri Udaan, Meri Pehchaan”, the 21-feet high sculpture salutes the indomitable spirit of the Aatmanirbhar Indian Women and aims to inspire women across the country.

The especially curated, traveling sculpture designed by artist Shaila Nambiar, is a tribute to Indian women who are confidently taking charge of their finances and moving towards financial freedom. The red cape flowing from her shoulders, inspired by the Infinity symbol in Kotak’s identity, symbolises her superpower; her strength and resilience.

The unique traveling sculpture was unveiled in Gurugram last year. This year, she has travelled to GIFT City, near Ahmedabad.

At an event organised in GIFT City, “Meri Udaan, Meri Pehchaan” the sculpture was unveiled by chief guests Ms. Mona Khandhar, Principal Secretary (Economic Affairs), Finance Department, Govt of Gujarat; Dr. Indira Parikh, President – Antardisha, Founder – President, FLAME University and Former Dean, IIM A; Dr. Rachana Gemawat, Chairperson – FICCI FLO, Ahmedabad Chapter; as well as Dr. Rajul Gujjar, Principal – LD Engineering college, Ahmedabad, along with Ms. Shanti Ekambaram, Whole-time Director, Kotak Mahindra Bank Ltd. Senior Leaders from the Bank, Kotak customers, key women leaders from various organizations also graced the occasion with their presence.

"Today's women are truly inspiring, embodying the spirit of independence and resilience as they create their own identities and break barriers to fulfil their aspirations,” said Ms. Shanti Ekambaram, Whole-time Director, Kotak Mahindra Bank Ltd. “As evident in EPFO data, more and more women are joining the workforce, paving the way for their financial independence. #MeriUdaan, Meri Pehchaan by #KotakSilk salutes these women. As we soon approach the International Women’s day, I urge more and more women to pursue the journey of financial freedom. Reach out for the stars and be in control of your own finances.”

As part of the #MeriUdaan by #KotakSilk campaign, Kotak Mahindra Bank will run exclusive offers for its Silk customers throughout the month of March, with special offers on a range of popular brands.

Kotak Silk is Kotak Mahindra Bank’s exclusive banking programme designed to partner women in their journey towards financial independence and help them Save, Invest, Protect as well as Indulge. It offers women special pricing on safe-deposit Lockers, Gold Loan, Two-Wheeler Loan, Personal Loan & Car Loan, exclusive offers on Nykaa, Urban Company and rewards on Debit card Spends. Kotak silk endeavours to help women customers master the art of personal finance with @silk.moneymatters, an Instagram community for women. The product also offers a dedicated query resolution desk especially for women.

Kotak Silk Unveils “Meri Udaan, Meri Pehchaan” Sculpture at GIFT City video link: https://www.youtube.com/watch?v=vvBPVwmjkK8

About Kotak Mahindra Bank Limited

Established in 1985, Kotak Mahindra Group is one of India's leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group's flagship company, received banking license from the Reserve Bank of India (RBI), becoming the first non-banking finance company in India to convert into a bank - Kotak Mahindra Bank Ltd.

The Bank has four Strategic Business Units – Consumer Banking, Corporate Banking, Commercial Banking and Treasury, which cater to retail and corporate customers across urban and rural India. The premise of Kotak Mahindra Group’s business model is concentrated India, diversified financial services. The bold vision that underscores the Group’s growth is an inclusive one, with a host of products and services designed to address the needs of the unbanked and insufficiently banked. As on 31st December, 2022, Kotak Mahindra Bank Ltd has a national footprint of 1,752 branches and 2,814 ATMs, and branches in GIFT City and DIFC (Dubai).For more information,  visit the company’s website at https://www.kotak.com/.

ETF Junction Unveils Platform To Tap INR 5 Lakh Crore ETF Across Indian Market

National: Industry veterans Sandeep Mishra, Saket Kumar along with their technology partner Abhishek Swarup launched ETF Junction, India's first Fintech platform dedicated to Exchange Traded Funds (ETFs). ETF Junction aims to create a complete ecosystem involving Mutual Funds, Investors, Advisors & Influencers/experts and help retail investors to expand their investment horizon to Exchange Traded Funds (ETFs). 

Through the platform, investors can now access 9500+ Indian & International ETFs, more than 660 Global ETF Issuers, 165 Global Stock Exchanges and a 10 trillion USD Global AUM using industry-first tools. AI powers ETF Junction's intelligent algorithm to bring new investors to the ETF ecosystem with relevant news, articles, and research; exclusive to requirements & preferences. The platform has signed up with Asset Management Companies to create awareness campaigns for educating investors on the benefits of ETFs. It addresses the underlying challenge of lack of infrastructure and awareness about Exchange Traded Funds (ETFs) beyond traditional Mutual Funds.

The platform intends to create an ETF-exclusive investment community where investors can share their investment thoughts and concerns, engage with peers and learn all about ETFs from experts and verified influencers. The ETF with its vast diversified offerings stands as a great investment avenue for both new -age as well as traditional investors.

Sandeep Mishra, Co-Founder of ETF Junction, said, “The ETF market in India is worth 5 lakh crores at the moment, compared to the approximately 40-42 lakh crore Mutual fund market. ETF Junction aims to educate the general public about how an ETF can offer lower operating costs than traditional open-end funds, flexible trading, and greater transparency.”

He adds, “ETFs have demonstrated an annual growth of 22% in the last 10 years in the international markets. Currently the global ETF market size is approx. 10 trillion USD and is expected to touch 20 trillion dollars by 2026. We foresee a similar trend in India within the next 3-5 years. ETF Junction aims to become a one-stop solution for everything ETF and gradually help approx. 3.5 crore MF retail investors and 10.8 cr demat account holders to expand their investment horizon to Exchange Traded Funds (ETFs). Currently, 30 lakh investors are investing in ETFs, our aim is to tap the first timer ETF investors, get in more folios from the mutual fund investors and gradually try for a pie from the stock investors. We are targeting to achieve at least 10% market share within 2 years.”

SEBI has introduced new guidelines to make the ecosystem viable for investors and foster more ETF transactions on exchanges. The regulation changes effectively addressed improving the liquidity, tracking error limits and limiting disclosures for exchange traded funds (ETFs) and index funds. Since the implementation of these regulations in May 2022, exchanges have witnessed a substantial increase in trading from retail investors. The primary bottleneck to the growth of the ETF industry in India remains the need for proper infrastructure and the absence of awareness amongst investors. 

Chintan Haria, Head- Investment Strategy, ICICI Prudential Asset Management, said “India’s evaluation as a non-financial saving country to becoming a financial saving showcases the growth in investment avenues from insurance, fixed income sources. ETFs are the extension of opportunities for investors. New age solutions like ETF Junction are further helping for higher penetration and inching towards financial inclusion by educating and providing experts access to retail investors. With 20+ ETFs products launched in the last 2 years and increase in distribution along with regulators' move enabling mutual funds to incentivise market makers has created a strong foundation for the equity market to grow at a greater height.”

During the last 5 years, passive funds AUM in India has increased from ?52,368 crores on 31 March 2017 to Rs. 4,99,319 crores on 31 March 2022 (annualized growth rate of 57%). During this period, the number of passive funds available in India has also grown from 84 in March 2017 to 228 in March 2022.

About ETF Junction: 

ETF Junction is India’s first platform dedicated to Exchange Traded Funds (ETFs). It is a fintech platform operated by Financial Basket Capital Pvt. Ltd. (“ETF Junction/Platform”). ETF Junction provides a daily dose of news, analysis and all the latest happenings in the Indian and International ETF arena. The information is curated from the best global finance majors like Morning Star and Money Control.

Tata Hitachi Inaugurates A New CED Painting Line At The Dharwad Plant And strengthens Manufacturing Facility In Karnataka

Tata Hitachi, a leading provider of construction and mining equipment, has installed and commissioned a new, state-of-the-art Cathode Electro Deposition(CED) Paint shop at its Dharwad plant. The new CED paint shop will be beneficial in providing superior paint performance with high colour retention and excellent corrosion and wear resistance properties.

The Paint shop was inaugurated by Shri Pralhad Joshi, Hon’ble Union Minister of Parliamentary Affairs, Coal and Mines, Government of India. In the presence of Mr. Yusuke Kajita, President-Construction Business Unit, Hitachi Construction Machinery, Japan, and Mr. Sandeep Singh, Managing Director, Tata Hitachi.

CED is environmentally friendly and is the most advanced technology that is being used in the industry. This new CED paint shop is a testament to Tata Hitachi’s commitment to continuous improvement of quality and processes. Also, to the company’s quest in providing best-in-class Construction Equipment to Indian customers as well as cater to global markets.

“We are very pleased to commission and inaugurate the new state-of-the-art CED Paint shop at our Dharwad facility. The CED paint shop promises to provide superior quality and better paint performance while being sustainable.  It comes at an investment of Rs. 60 Crores and is a part of our plan to increase our production capacity to meet future demands and reaffirm our commitment to providing high-quality machines to customers. With this we also reinforce our pledge towards ‘atmanirbharta’ and our larger goal of nation-building” said Mr. Sandeep Singh, Managing Director, Tata Hitachi.

For any further details, visit our website www.tatahitachi.co.in

About Tata Hitachi: Tata Hitachi, one of India’s leading construction machinery companies and largest Hydraulic Excavator company, is a joint venture between Tata Motors and Hitachi Construction Machinery (HCM). The partnership with HCM commenced in 1984 and is today one of the longest-standing JVs in the industry. The company has a manufacturing presence in Dharwad and Kharagpur and over 250 customer-facing touchpoints spread across the country.

Set up in 1961 as the Construction Equipment Business Unit of Tata Engineering and Locomotive Company (TELCO), today, the company boasts a diverse portfolio of Mini Excavators, Construction Excavators, Mining Excavators, Backhoe Loaders, Wheel Loaders, and Dump Trucks, apart from a wide range of Attachments, Parts, and expert Service solutions.

Tata Hitachi is a leader in providing world-class construction equipment to address India’s Infrastructure and Mining needs.

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