Axis Bank Appoints former RBI Deputy Governor, N.S. Vishwanathan As Non-Executive (Part-Time) Chairman

The Board of Directors of Axis Bank at its meeting held today approved the appointment of N. S. Vishwanathan, Independent Director as the Non-Executive (Part-time) Chairman of the Bank for a period of three years, subject to approval of the shareholders of the Bank and Reserve Bank of India. His appointment will be effective from October 27, 2023 or the date of approval of his appointment by Reserve Bank of India (“Approval”) in case the Approval is not received prior to October 27, 2023.

Mr. Vishwanathan joined the Reserve Bank of India in 1981 and retired in March 2020 as the Deputy Governor, spanning an illustrious career of nearly four decades at the central bank. Throughout his time as the Deputy Governor, he demonstrated extensive knowledge and proficiency in central banking, which spanned across several critical domains including administration, banking and non-banking regulation, governance, risk management, and human resource management.

Mr. Vishwanathan also held other significant roles in his career, such as serving as the Director of Supervision at the Bank of Mauritius; Chief Vigilance Officer and Head of Internal Audit with the Industrial Financial Corporation of India. His dedication to the financial industry was further demonstrated during his tenure as a member of board at the Securities and Exchange Board of India (SEBI), where he served from July 2016 to March 2020.

Amitabh Chaudhry, MD & CEO, Axis Bank commented, "We are delighted and privileged to welcome Mr. Vishwanathan to the Axis family. His profound knowledge, understanding of the financial sector and expertise in navigating the regulatory landscape will augment strategic decision-making, while further enhancing our commitment to uphold the highest standards of compliance and corporate governance. With his presence on the Board, we are well-positioned to advance our agenda of sustainable growth and profitability."

Speaking on his appointment, Mr. Nurani Subramanian Vishwanathan said, "I am delighted to join the esteemed board of Axis Bank, an institution par excellence. The Bank's notable emphasis on corporate governance and sustainability has solidified its standing in the industry. I am keen to contribute to the Bank's agenda and collaborate closely with the distinguished Board of Directors. The collective efforts will reinforce Axis Bank's prominence as a market leader, delivering value to all stakeholders.”

In addition to his role at Axis Bank, Mr. Vishwanathan holds numerous esteemed positions within the financial sector. He currently serves as the Non-Executive Chairman of the Governing Council at the Institute for Development and Research in Banking Technology, Hyderabad, as also of the Academic Council of the College of Supervisors, RBI, Mumbai. He is an Independent Expert Professional on the Investment Approval Committee of the National Stock Exchange in Mumbai and holds the position of Non-Executive Chairman of the Board of Directors at Acuite Ratings and Research Ltd, based in Mumbai. Additionally, Mr. Vishwanathan serves in advisory capacities at Ernst and Young LLP in India and Razorpay in Bangalore. He is also a Senior Fellow in the Centre for Public Policy at the Indian Institute of Management, Bangalore.

His academic achievements include a Master's Degree in Economics and a Bachelor's Degree in Arts from Bangalore University. He has completed an advanced leadership program at Judge Business School, Cambridge University, UK.

About Axis Bank:

Axis Bank is one of the largest private-sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. With its 4,903 domestic branches (including extension counters) and 15,953 ATMs across the country as on 31st March 2023, the network of Axis Bank spreads across 2,741 cities and towns, enabling the Bank to reach out to a large cross-section

of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund, and Axis Bank Foundation. For further information on Axis Bank, refer to the website: https://www.axisbank.com

Happiest Minds Is Among Top 100 India’s Best Companies To Work For 2023

Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a ‘Born Digital . Born Agile’, Mindful IT Company, today announced that it is recognized by Great Place to Work® among the Top 100 India's Best Companies to Work For in 2023.

The Great Place to Work® recognition is based on anonymous feedback, which provides insights into various aspects of the workplace, including trust, leadership, professional development, and camaraderie. The award is testimony of the company's commitment to creating a positive, inclusive, and thriving workplace culture.

The Great Place to Work® Institute is a global authority on creating, sustaining, and identifying the best workplace, offering a healthy work environment and well-designed workplace wellness practices. In India, the Institute partners with more than 1100+ organizations annually across 22 industries to help them build a High-Trust, High-Performance Culture™ designed to deliver sustained business results. 

Joseph Anantharaju, Executive Vice Chairman, Happiest Minds Technologies, said, “We are proud to be featured in Top 100 India's Best Companies to Work for 2023. This recognition is a testament to our unwavering commitment to our people’s well-being. At Happiest Minds, we believe a happy and engaged workforce is the foundation of our success, and it reinforces our conviction that valued and empowered people deliver their best and drive our company's growth. We will continue prioritizing our people's happiness and growth, fostering a culture that promotes collaboration, innovation, and inclusivity. We have been on a winning streak since our inception, and we aspire to continue our stream of successes in the years to come."

Sachin Khurana, Chief People Officer, Happiest Minds Technologies, said, “We have embarked on a journey, where success is a collective effort. I extend my heartfelt appreciation to the Happiest Minds family for their dedication and commitment. At Happiest Minds, we strive to create an inclusive and nurturing work environment that promotes growth, collaboration, and innovation. Through our comprehensive wellness programs and focus on our people's continuous learning and development, we aim to empower our people to achieve newer heights. We will continue to strengthen the people-centric initiatives that make us one of the most preferred employers globally.”

Happiest Minds' commitment to its people’s happiness is evident in its comprehensive programs and initiatives. The company promotes a healthy work-life balance, offering flexible work arrangements, wellness programs, and various people support services. Additionally, the company invests in continuous learning and professional development opportunities, empowering its people to hone their skills and advance their careers. The Great Place to Work® recognition comes as Happiest Minds continues to experience significant growth and success in the IT services industry. The company remains committed to upholding its exceptional workplace culture as it expands its operations and welcomes new talent.

Happiest Minds has been recognized among the Top 10 India’s Best Workplaces™ in Health and Wellness 2022, Top 50 India’s Best Workplaces Building a Culture of Innovation by All™ 2023, Top 25 India’s Best Workplaces™ in IT & IT-BPM 2022, and Top 50 India’s Best Workplaces™ for Women 2022 by the Great Place to Work® Institute.

The report and the complete list (in alphabetical order) of India’s Best Companies to Work For (Top 100) 2023 can be viewed here.

About Happiest Minds Technologies:

Happiest Minds’ Technologies Limited (NSE: HAPPSTMNDS), a Mindful IT Company, enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency and actionable insights. We do this by leveraging a spectrum of disruptive technologies: artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/ drones, security, virtual/augmented reality, and more. Positioned as ‘Born Digital. Born Agile’, our capabilities span digital solutions, infrastructure, product engineering and security. We deliver these services across industry sectors such as automotive, BFSI, consumer packaged goods, e-commerce, edutech, engineering R&D, hi-tech, manufacturing, retail, and travel/transportation/hospitality.

A Great Place to Work-Certified™ company, Happiest Minds is headquartered in Bangalore, India, with operations in the U.S., UK, Canada, Australia, and the Middle East.

HCL Foundation, National Cooperative Union of India Join Hands To Enhance Livelihood Opportunities For Marginalized Groups

HCL Foundation, which delivers the corporate social responsibility (CSR) agenda of leading global technology company HCLTech, has partnered with the National Cooperative Union of India (NCUI) to train over 5,000 women, youths and artisans from marginalized communities for sustainable income-generating opportunities. As part of the tie-up, HCL Foundation and NCUI’s Centre for Entrepreneurship Development and Cooperation (CEDC) will set up a livelihood-cum-entrepreneurship development center in Noida. 

“HCL Foundation is committed to enhancing the standard of living of the marginalized through its sustainable interventions. By joining hands with India’s leading cooperative institutes association, we aim to empower women, youths, and artisans across India and promote the cooperative movement,” said Dr. Nidhi Pundhir, Vice President, Global CSR, HCL Foundation. “The HCL Foundation-NCUI livelihood-cum-entrepreneurship development center will be a pioneering initiative to promote opportunities to earn skills and livelihood in diverse communities.” 

Over the next three years, NCUI and HCL Foundation will develop and provide training infrastructure, market platforms and branding support to self-help groups (SHGs) and cooperatives across India. Through the tie-up, HCL Foundation and CEDC will help increase the employability of women and youth in the private sector and other organizations. 

“Our memorandum of understanding (MoU) with HCL Foundation is a significant step forward in our efforts to strengthen the capacities of self-help groups and cooperatives in India,” said Dr. Sudhir Mahajan, Chief Executive, NCUI. “Together with HCL Foundation, we look forward to promoting vocational training and sustainable livelihood models, allowing grassroots organizations to generate economic growth and social progress. By creating an enabling and inclusive environment that supports skill development and entrepreneurship, we aim to impact lives and communities across the country.” 

This livelihood-cum-entrepreneurship development center will teach participants basic financial and digital concepts and offer them regular health check-ups. HCL Foundation and NCUI also aim to support over 200 SHGs with over 3,000 members and 50 multi-purpose cooperatives. This partnership will replicate the NCUI Haat and Incubation Center projects in many states, mobilizing communities and forming self-help groups and cooperatives.  

The partnership with NCUI aligns with HCL Uday, the urban CSR program of HCL Foundation, which is committed to the equitable and sustainable development of the communities living below the poverty line. To date, HCL Uday has impacted the lives of 890,000 people in 11 locations. 

Photo caption: MoU signed by Dr. Sudhir Mahajan, Chief Executive, NCUI, and Dr. Nidhi Pundhir, Vice-President, Global CSR, HCL Foundation in the presence of Shri Dileep Sanghani, Chairman, NCUI, other officials, and HCL Foundation team.

Mahindra First Choice-Backed car&bike Launches A New Used Car Store In Silk Board, Bengaluru

~ The newly launched car&bike Store in KAS Officers Colony, Roopena Agrahara, Bommanahalli, of Bengaluru will offer customers a choice of 100+ certified used cars, guaranteed buy back and India’s most comprehensive two-year used car warranty with attractive finance options~

The Mahindra First Choice-backed auto content and commerce portal car&bike recently launched a used car store in partnership with Sireesh Auto in Bengaluru. Located in Bommanahalli, Bengaluru, the store will offer customers a wide variety of Mahindra certified pre-owned cars to choose from. Customers can avail a Guaranteed Buy Back, get India’s most comprehensive two-year used car warranty and reserve the car online for a home test drive. With this new store, Mahindra First Choice and car&bike have an overall footprint 1050+ physical touch points and outlets across India.

car&bike’s new store, will provide customers an all-inclusive superior car-buying experience combining the best of the digital as well as the brick and mortar formats. Pre-owned cars of some of the most trusted car companies like Hyundai, Maruti, Honda, Kia, Mahindra and others will retail at the store.

“The newly opened store promises a superior pre-owned car buying experience. With the best services and certified vehicles we are fulfilling the dream of individuals who want to own a car. With the growing demand for personal vehicles, there is a growing need for a partner like us who can guide the consumers and provide highest quality standards. Our online portal, 24x7 customer support and stores promise visitors the much needed assistance at every step in their vehicle buying journey.” said Ashutosh Pandey, MD & CEO, Mahindra First Choice Wheels Ltd.

“We are happy to be associated with car&bike by Mahindra First Choice and launch our used car store. We look forward to serving our customers both through our superlative customer experience and a stringent inspection process that ensures that only the best cars are sold from our store” said Nagesh, MD Sireesh Auto, Dealer Principal – car&bike Store, Silkboard, Bengaluru

The all-new facilities offered at car&bike’s new store include a free home-test drive for customers, a seven-day easy return option, guaranteed buy-back anytime during the tenure of ownership and free RC transfer. Bengaluru residents should head to this new store to buy their own certified pre-owned vehicle.

About car&bike:

car&bike is a leading auto technology platform with a focus to build India’s largest hyper-local integrated platform for content and commerce. The platform has been built on path-breaking auto programming, intensive coverage of global automobile news and the largest used car range with exclusive online booking of 5000+ cars across 300+ cities. In a short span of time, c&b has clearly established itself as one of the top auto portal in the country and the fastest growing used car brand by far. The business offers technology solutions to all the stakeholders of the automotive industry at various points of buy and sell value chain.

About Mahindra First Choice Wheels

Mahindra First Choice Wheels is a dominant player in the Indian used vehicle eco system providing products and services to cater to the needs of retail and wholesale customers utilizing its “on-the ground” and “in-the-cloud” capabilities. The company has raised funding from Silicon Valley based Hedge Fund, Valiant Capital and Cox Automotive, a $17 Billion US based enterprise. 

Castrol, Mahindra Insurance Brokers Announce Alliance For Castrol Auto Service Workshops

* The offer will allow Castrol Auto Service (CAS) workshops to distribute eligible vehicle insurance policies

* Eligible CAS workshops will be able to register as cashless claim sites with leading insurance companies

Castrol India Limited, India’s leading lubricant player, has signed an agreement with Mahindra Insurance Brokers Limited (MIBL), a prominent insurance brokerage firm. Castrol Auto Service (CAS) workshops will now have an option to empanel themselves as POSPs (Point of Sale Persons) for distribution of eligible insurance policies from India’s leading motor insurance providers through MIBL. The CAS workshops can offer automotive insurance products via a digital platform in addition to repair and maintenance services for their customers’ vehicles.

Mr. Sandeep Sangwan, Managing Director, Castrol India Limited, said, “As the automobile industry sees significant growth, with India being the fourth largest automobile market, vehicle insurance has seen unprecedented growth. This potential gives us confidence in this alliance with Mahindra Insurance Brokers Limited to further empower our CAS workshops to reach more customers. It also represents a significant milestone in our service and maintenance strategy, as it will undoubtedly enhance the capabilities of our network workshops and ensure that they are capable of providing exceptional or enhance value to their customers”.

"Vehicle insurance accounts for a high 34% of the non-life insurance premiums in India (according to market studies), and presents an opportunity in a growth market. This collaboration with Castrol India, helps scale our reach, and assist these workshops in becoming POSPs with leading insurance companies on our panel, thereby empowering them to offer cashless services and generate incremental business through accidental repairs. Together with Castrol, we are committed to establishing the CAS workshops as trusted service providers in the automotive industry," added, Mr. Vedanarayanan Seshadri, Managing Director and Principal Officer, Mahindra Insurance Brokers Limited.

This alliance provides CAS workshops an opportunity to expand their customer base and offer value added services, resulting in higher customer satisfaction. Overall, this association aims to support CAS workshops in establishing themselves as trusted service providers in the automotive industry.

About Castrol India Limited

Castrol India Limited is one of India’s leading lubricant companies with brands such as Castrol CRB, Castrol GTX, Castrol Activ, Castrol MAGNATEC and Castrol VECTON, which are the brands of choice for millions of consumers and customers across the country. The Company also operates in select segments like High Performance Lubricants and metalworking fluids used in a wide variety of industries such as automotive manufacturing, mining, machinery, and wind energy. Castrol has a large manufacturing and distribution network in India with three blending plants and a distribution network of 350 distributors who reach consumers and customers through over 100,000 retail outlets. For more information, visit www.castrol.co.in

About Mahindra Insurance Brokers Limited (MIBL)

Mahindra Insurance Brokers Limited (MIBL), licensed in 2004, is a subsidiary of Mahindra & Mahindra Financial Services Limited and part of the USD 19.4 billion Mahindra Group. A licensed Composite Broker (Direct and Reinsurance), Mahindra Insurance Brokers is a one-stop shop for insurance solutions. The Company provides direct insurance broking for Corporates, Small & Medium Enterprises, Retail customers, and a range of products for Life and Non-Life Insurance. It also offers risk management services, portfolio management and claims management services. Mahindra Insurance Brokers helps in protection of health, wealth and life in the under-served markets, by providing innovative insurance solutions to over 3,00,000 villages. Mahindra Insurance Brokers also provides Reinsurance broking services, with relationships with insurers and reinsurers spread across 40 countries.

Mahindra Insurance Brokers is the World's First Company in the BFSI sector to be appraised and rated at Maturity Level 5 of the People-Capability Maturity Model (P-CMM®), demonstrating its focus on implementing world-class best practices with respect to the management and development of its workforce. Mahindra Insurance Brokers has been ranked at #10 in "India's Top 100 Best Companies to Work For - 2020" and “Best in Insurance” by Great Place to Work® Institute. Visit us at: www.mahindrainsurance.com

52% Students Under BYJU’S Career Plus Program (CPP) From 22 Aspirational Districts Have Qualified NEET UG 2023

* BYJU’S CPP student Mohammad Afzal Ganaie from Baramulla, Jammu & Kashmir secured 95.07 percentile

* A total of 102 students have qualified the exam; 3 students have scored above 90 percentile

* Girls form about 61% of the qualifiers

BYJU’S Career Plus Program (CPP), an exclusive initiative for India’s aspirational districts in collaboration with NITI Aayog, has enabled students from these remote locations to achieve impressive results in the NEET UG examination 2023. Students hailing from economically backward backgrounds, who earlier had no means to prepare for one of the world’s toughest entrance exams, now could access BYJU’S high-quality tech-driven learning programs for free. Along with the support of BYJU’S fellows from CPP, 102 students out of the 195 who appeared, have qualified the coveted exam with outstanding results. With 3 students scoring more than 90 percentile, girls constitute about 61% of the qualifiers.  The results were announced by the National Testing Agency on June 13.

The qualifying students come from 22 different aspirational districts across India, which is a testament to BYJU’S CPP’S vision to reach and empower students at the grassroots level. Since 2021, BYJU’S Career Plus Program has supported numerous students from socio-economic weaker sections across 112 aspirational districts, providing them with free tech-driven learning programs to attempt and ace engineering and medical entrance exams.

Mansi Kasliwal, VP - Social Initiatives, BYJU’S, said, “Many students from aspirational districts are first-generation learners. Through BYJU’S Career Plus Program, we are constantly striving to bridge the educational gap in these remote locations by empowering the students with tech-enabled, high quality learning programs. 102 students from lower socio-economic backgrounds, qualifying NEET UG 2023 fills us with immense pride and speaks highly of the hardwork and dedication put in by the students as well as our fellows across these districts. As we continue to support more students with the help of our trained fellows and high-quality coaching materials, we are hopeful of witnessing more such successful students in the coming years.”

Mohammad Afzal Ganaie, a BYJU’S CPP student from Baramulla, Jammu & Kashmir, who  achieved an overall 95.07 percentile in NEET UG 2023 said, “I am extremely happy as I can finally see my dream of becoming a doctor turning into a reality. While I was very confident to score above 95 percentile, the unwavering support from BYJU’S Career Plus Program has played a key role in my journey. Regular mock tests, revisions through sample papers and personalised guidance from the teachers have aided me in preparing for the NEET exam.”

Sneha, another BYJU’S CPP student from Mewat, Haryana said, “Scoring over 90 percentile in one of the toughest exams of the world is really challenging. But I have been able to do so with a focussed preparation strategy and rigorous practice. Moreover, I am extremely grateful to BYJU’S Career Plus Program that equipped me with relevant test papers, personalised guidance on time management and doubt clearing sessions in regular intervals to help crack the competitive exam.”

NEET is conducted annually by National Testing Agency as a qualifying test for students who wish to pursue undergraduate medical (MBBS), dental (BDS) and AYUSH (BAMS, BUMS, BHMS, etc.) courses in government and private institutions in India and also, for those intending to pursue primary medical qualification abroad.

Over 20 lakh students appeared for NEET 2023 from across the country.

BYJU’S Education For All

With an aim to make digital learning accessible to millions of children from underserved communities, BYJU’S, the world’s leading edtech company, launched its social impact initiative - Education for All in 2020. The programme aims at democratizing education by ensuring that children across all economic backgrounds get equal access to quality learning opportunities. The “Education for All” initiative serves to enable students from underserved and economically deprived communities with a better chance at upward social and economic mobility. This initiative aims at bridging the educational and digital divide by making quality learning accessible to the children in need. With over 175+ partners like American India Foundation, United Way, Right to Live, Magic Bus, SOS, Save the Children, CRY and more across 400 districts in India, the programme has created a positive impact and reached over 55 lakh students across the country. BYJU’S has also partnered with NITI Aayog to provide free access to its tech-driven learning programmes for children from “aspirational districts” of the country. The company aims to accelerate its impact in reaching children who have no access to learning both on its own and through partnerships. For more information: https://byjus.com/educationforall/ 

Mumbai Extends Reverential Homage To The Late S. P. Hinduja

* Prayer Meet Echoes Resounding Tributes received from several Heads of State

The late Srichand. P. Hinduja, revered patriarch of the Hinduja Family and the late Chairman of the Hinduja Group, was honoured with profound tributes during a prayer meeting held in Mumbai. Political Dignitaries cutting across political lines, Industry Captains, well-wishers, Foreign Counsels, and Spiritual leaders paid their respects, highlighting Mr. S. P. Hinduja's dedication to philanthropy and his unwavering adherence to principles and values of the Group during his Chairmanship of the 108-year-old conglomerate. Over 2500 guests attended the commemorative event from all walks of life.

Gopichand Hinduja, Chairman of the Hinduja Group, remembered his dearest brother Srichand as a friend, guide and guru to the family and friends. “For us brothers, he was the Centre of our Universe and showed us the way to living in peace and harmony with one another and according to our family’s principles and values. For me personally, his passing has left a total void in my heart. He was my childhood mentor and under his guidance I grew up. From a young age, we were completely inseparable. We did everything together. People always compared us to Ram & Laxman. Prakash was Bharat and Ashok was Shatrughna…. Srichand worked tirelessly to improve relations between the mother country and host countries and was perhaps India’s greatest Ambassador working behind the scenes, away from the limelight. His role along with we brothers was to strengthen and improve India’s image globally. Dearest SP, we assure you that our Parivar will continue its journey ahead from generation to generation and follow the values and principles you had inherited from Dada and Amma and passed on to us for our future unity and welfare,” said GP Hinduja. 

Mr Nitin Gadkari, Union Minister for Road Transport and Highways, in his video message from Delhi, stated “Srichand Hinduja was not just a wealth creator but an employment generator…creating 200,000 jobs across 48 countries. The Indian Government has enjoyed a very good relationship with this Group. During Prime Minister Narasimha Rao’s tenure, the Group extended special assistance to the country”.

Prominent spiritual leaders, His Holiness Gopal Krishna Goswami Maharaj, from ISKCON, Swami Chidanand Saraswati of Parmarth Niketan, Rishikesh, Pujya Swami BrahmVihari of BAPS Swaminarayan, and Sadhguru of Isha Foundation eloquently honoured the memory of Mr S. P. Hinduja.

HH Gopal Krishna Goswami Maharaj, the senior most spiritual fount from ISKCON revered SP Hinduja’s commitment towards the beliefs as a strong family man, “We mourn the loss of S. P. Hinduja, a true advocate for unity and progress. His immense generosity and dedication to social causes have had a transformative impact on communities globally. His philanthropic endeavours will continue to inspire generations to come.”

Reflecting on the cherished memories of Mr. S. P. Hinduja, Swami Chidanand Saraswati, Spiritual Head Parmarth Niketan, Rishikesh, nostalgically expressed, "Mr. S. P. Hinduja's legacy as a visionary leader and philanthropist is unparalleled. His remarkable contributions have touched countless lives and his absence will be deeply felt."

Pujya Brahmvihari Swami of BAPS Swaminarayan described Srichand Hinduja as “the man of the moment and a man of the heart….philanthropy was part of his life”

Furthermore, renowned singers Kailash Kher, Anup Jalota, and Rahat Fateh Ali Khan paid homage to Mr S. P. Hinduja through soul-stirring devotional songs, adding a deeply reverential touch to the occasion.

Mrs Harsha Hinduja, the wife of Mr Ashok Hinduja, fondly recalled the special fatherly relationship she enjoyed with Mr SP Hinduja. The members of the 3rd generation of the Hinduja Family, Sanjay Hinduja, Ajay Hinduja, Dheeraj Hinduja, and Shom Hinduja shared their commitment to upholding SP Hinduja’s legacy.

The Hinduja Family has also received condolences letters and messages from esteemed personalities from across the globe, including eminent royalty, presidents, prime ministers, spiritual and business leaders, celebrated artists, iconic cultural figures, and cherished associates, have conveyed their heartfelt sympathies, emphasizing the profound impact that S. P. Hinduja's life and contributions have left behind.

About The Hinduja Group

The Hinduja Group is one of India’s premier diversified and transnational conglomerates, employing about 200,000 employees across 38 countries and owns businesses in automotive, information technology, media, entertainment, and communications, banking and financial services, infrastructure project development, cybersecurity, oil and specialty chemicals, power, real estate, trading, and healthcare. Founded over a hundred years ago by Shri PD Hinduja whose credo was "My duty (dharma) is to work so that I can give", it supports charitable and philanthropic activities across the world through the Hinduja Foundation.