Saturday, July 22, 2023

“Embrace Your Potential As Leaders:” Air Chief Marshal At Centenary Investiture Ceremony Of The Hyderabad Public School, Begumpet


* Applauds the school for cultivating effective leaders. 

* Congratulates the school for creating a legacy that extends far beyond itself. 

The Hyderabad Public School organized its traditional annual Investiture Ceremony to recognize and honor its outstanding student leaders. The Investiture Ceremony holds great significance as it instills a sense of leadership and accountability among the student body. The event was graced by Chief Guest- Air Chief Marshal VR Chaudhari PVSM AVSM VM ADC, his gracious lady, Mrs. Neetha Chaudhari, Mr. R Raghuram Reddy Vice Chairman of HPS Board of Governors, President of HPS Society Mr. Gusti Noria, British Deputy High Commissioner Mr. Gareth Wynn Owen and a distinguished HPS alumnus, Lord Karan Bilimoria, Member of the House of Lords, as the Guest of Honour.  

During the ceremony, the school bestowed various leadership positions upon deserving students, including the Student Council, House Captains, Prefects, and other important roles. These positions empower students to lead by example, represent their peers, and contribute positively to the school community. The Chief Guest inspected student troops of 152 NCC Cadets from the Army, Navy, Air Force & Girls wings before walking through a corridor of the Prefects troop and the Color Party. The audience watched in admiration.  

The Investiture Ceremony at The Hyderabad Public School goes beyond the mere conferring of titles; it is an opportunity to inspire and nurture the future leaders of society. The head boy, head girl, shared their experiences and gratitude to the teachers, parents, and management. The ceremony served as an occasion to acknowledge and appreciate the achievements, talents, contributions, and commitment of the students to the school, thus motivating them to continue to excel and raise the bar for themselves. 

Wishing students, the best for their leadership journey, Lord Bilimoria said, “As an alumnus of this esteemed institution, I learned that true leadership lies in empowering others, inspiring collective action, and striving for positive change. It is our duty to lead with integrity, empathy, and a vision that transcends individual ambitions. Guided by the values instilled within us during our time at this remarkable school you can shape a brighter and more inclusive society wherever you go.” 

Addressing the students, the Air Chief Marshal said, “The world needs leaders who are compassionate, ethical, and visionary. Leadership is a journey of continuous learning and growth. Never stop seeking knowledge, developing new skills, and refining your leadership abilities.” 

"Our Investiture Ceremony is a celebration of leadership, character, and the limitless potential of our students. This ceremony encourages and empowers the students to continue making a positive impact within our school and beyond. We are privileged to have Air Chief Marshal and Lord Karan Bilimoria as the guests for our Investiture Ceremony. Their remarkable achievements and commitment to leadership align perfectly with the values we strive to instill in our students. We believe that their presence will inspire them to reach for the skies.” said Dr. Skand Bali, Principal of The Hyderabad Public School. 

The values of integrity, discipline, empathy, and leadership are woven into the fabric of the school's culture. As HPS commemorated its hundred-year-old empyreal heritage, it reaffirmed its commitment to nurturing young minds, imbuing strong values, and fostering leadership qualities. The investiture ceremony was also marked by the launch of the leadership program LEADER that serves as a reminder of the school's mission of paving the way for future leaders. 

About HPS 

Established 100 years ago, The Hyderabad Public School, also known as HPS, has the distinction of being one of the oldest educational institution systems nurturing leaders of tomorrow. The HPS way makes learning the focus instead of teaching, helping it to stay in tune with changing times and delivering top-notch education to its students. What sets HPS apart is its ability to provide an ecosystem for all-round development, incorporating learning methodologies that rely on self-discovery, encourage curiosity, and develop value-based leadership and management skills of the students. With a 120-acre campus, state-of-the-art labs, naturally ventilated classrooms, unparalleled sports infrastructure, residential facilities, and best-in-class faculty students, both day and boarding, have access to the best of facilities and teaching staff. Interestingly, Shaheen - the majestic Eagle - is the mascot of the school and is a reflection of the institute’s philosophy to always conduct oneself with dignity and respect and yet soar above the rest.  

HPS’ alumni base boasts of successful and well-known CXOs who run global corporations or are influencers in their fields. In 2019, the Harvard Business Review placed three of its alumni among the “Top 10” best-performing CEOs globally. These include Satya Nadella, Shantanu Narayan and Ajay Pal Banga. The HBR rating is a testimony to HPS having found the secret sauce to creating leaders of tomorrow. Significantly, Mr. Banga was recently nominated for the post of President of the World Bank by the US President Joseph R. Biden.    

In 2023, HPS is proudly celebrating its centenary completion, and is gearing up to achieve its vision of becoming one of the top schools globally by 2050. 

About HPS Centenary Celebrations: The Centenary Celebrations, which began in January 2023, comprise a year-long series of events for students, staff, parents, and the alumni. 

Photo Caption: Chief Guest Air Chief Marshal VR Chaudhari, Guest of Honor Lord Karan Bilimoria, President of HPSS Mr. Gusti Noria and Principal Dr. Skand Bali pose with the prefectorial board of The Hyderabad Public School during the Centenary Investiture Ceremony

Monsoon Skincare Secrets: 5 Essential Tips For Sensitive Skin


The monsoon season poses unique challenges for every skin type including oily , dry, and combination skin.  The rainy season makes your skin more sensitive than usual, and it’s mainly due to the increased humidity and environmental factors that lead to irritation, breakouts, and imbalances in people of all skin types. However, establishing a proper skincare routine can assist you overcome these barriers and maintain a healthy, radiant complexion. Get ready to embrace the rains as Cetaphil Skincare Experts reveals the secrets to perfect, glowing skin. This carefully curated guide will empower you to navigate this season with confidence:

Embrace Gentle Cleansing for Sensitive Skin

Start your monsoon skincare routine with gentle cleansing to remove excess oil, dirt, and pollutants that accumulate on the surface of your skin. Opt for the Cetaphil Gentle Skin Cleanser, specially designed for sensitive skin. This clinically proven creamy formula effectively removes impurities without stripping away essential moisture. With its science-backed blend of niacinamide, panthenol, and hydrating glycerin, this cleanser improves the resilience of sensitive skin[i]

Lightweight Moisturization and Hydration

Hydration is crucial to maintain the health of sensitive skin even during the monsoon! To avoid clogged pores and breakouts, look for lightweight, oil-free moisturizers that provide the perfect balance of hydration or opt for moisturizers that contain ingredients like hyaluronic acid or glycerin, which attract and lock in moisture. Pro tip: Apply your moisturizer while your skin is slightly damp for enhanced absorption and a refreshed feel throughout the day

Sun Protection, Rain or Shine

Don't be fooled by cloudy skies—harmful UV rays can still reach your sensitive skin. Shield yourself from UV radiation by using a broad-spectrum sunscreen with a high SPF, preferably 30 or above. Look for sunscreens specifically formulated for sensitive skin and free of harsh chemicals like oxybenzone and parabens. Remember to reapply sunscreen every two to three hours, especially if you're spending time outdoors

Combat Excess Oil with Toning

Humidity during the monsoon can make your skin more prone to skin issues. To combat excess oil, incorporating a gentle toner into your skincare routine is advisable. Seek toners that contain natural ingredients like witch hazel or tea tree oil, known for their sebum-balancing properties and inflammation reduction. Use the toner after cleansing and before applying moisturizer to maintain a balanced and shine-free complexion. Avoid toners containing alcohol, as they can further irritate sensitive skin

Unleash the Power of Hydration Boosters

Revitalize and hydrate your sensitive skin during the monsoon with the power of hydration boosters. Look for products enriched with potent hydrating ingredients like hyaluronic acid, ceramides, or vitamin E. These ingredients work wonders by replenishing moisture levels, strengthening the skin's barrier function, and promoting a plump and supple complexion. Consider including a hydrating serum or extract in your skincare routine to boost moisture and give your face that desirable glow. Embrace the unique benefits of hydration boosters and let your skin thrive even on the most humid monsoon days

Bid farewell to the challenges of the monsoon season and embrace a skincare routine that caters to your sensitive skin. By implementing these five essential skincare tips, you can maintain a healthy and glowing complexion even in the face of increased humidity and dampness. Remember, everyone’s skin is unique, so it's important to listen to your skin and adjust your skincare routine accordingly.

Friday, July 21, 2023

Dalmia Bharat Limited Reported Its Consolidated Financial Results For The Quarter Ending June 30, 2023


Q1’FY24 Highlights 

Volume increased 12.4% YoY to 7.0 MnT  

Revenue increased 9.8% YoY to Rs. 3,624 Cr  

EBITDA/T stood at Rs. 872/T 

Installed capacity increased to 41.7 MnTPA  

One of Lowest Carbon footprint in global cement world at 462 kgCO2/Ton of Cement 

Renewable Energy capacity increased to 170 MW 

Net Debt/EBITDA stood at 0.52x 

Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter ending June 30, 2023. 

Commenting on the quarter gone by, Mr. Puneet Dalmia, Managing Director & CEO – Dalmia Bharat Limited, said, “We are in midst of a strong demand environment on the back of a sustained push by the Government on infrastructure and a robust real estate cycle already kicking in. Though we have strong conviction in our ability to outperform the industry, this quarter has been a disappointment as against our expectations. Having said so, we remain focused on seizing the emerging demand opportunities, sustaining our position as a cost leader and delivering sustainable return to our stakeholders.” 

Mr. Mahendra Singhi, Managing Director and CEO – Dalmia Cement (Bharat) Limited said, “During the quarter gone by, we delivered a 12%YoY growth in cement volumes and witnessed further softening of fuel prices. Given the promising outlook for cement demand, expectation of stable cement prices during rest of the year and softening in commodity costs, we anticipate a gradual improvement in profitability.” 

2.      Progress on Capacity Expansion 

Commenced commercial production at Bokaro Cement Manufacturing Works, Jharkhand (2.5 MnT). 

Completed debottlenecking at Midnapore, West Bengal (0.6 MnT). Total Plant capacity increased to 4.6 MnT.  

Commenced Trial Run of Greenfield Split Grinding Unit at Sattur, Tamil Nadu (2.0 MnT). 

Key Recognitions during Q1’FY24 

Won CII ITC Sustainability Awards for Excellence in CSR at a corporate level 

Our MD and CEO, Mr Puneet Dalmia won the Best CEO award from Business Today under the Cement category 

Won multiple awards by the following three units at cemWHR Conclave: 

Dalmiapuram - Cement Project of the Year 

Kalyanpur - Innovation for Sustainability  

Meghalaya - Cement Plant of the Year and Innovation for sustainability 

Won 14th CIDC Vishwakarma Awards for Safe Execution of Projects in the Achievement Award for Construction Health, Safety & Environment Category 

Awarded under ISCM 5th India Logistics & Warehousing Excellence Awards 2023 

Won Green Champion Award 2022 for environmental improvement initiatives 

Ranked among the top 3 Most Sustainable Companies in Infrastructure and Engineering Sector and 23rd rank in top 50 Most Sustainable Companies (Overall) at the Sustainable World Conclave 2023.  

About Dalmia Bharat: 

Founded in 1939, Dalmia Bharat Limited (DBL) (BSE/NSE Symbol: DALBHARAT) is one of India’s pioneering cement companies headquartered in New Delhi. With a growing capacity, currently pegged at 41.7 MnT, Dalmia Bharat Limited is the fourth-largest cement manufacturing company in India by installed capacity. Spread across 10 states and 14 manufacturing units, the Company is a category leader in super-specialty cement used for oil well, railway sleepers and airstrips and is the country’s largest producer of Portland Slag Cement (PSC).  Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, prides itself at having one of the lowest carbon footprint in the cement world globally. It is the first cement company to commit to RE100, EP100 & EV100 (first triple joiner) – showing real business leadership in the clean energy transition by taking a joined-up approach. Visit us at https://www.dalmiacement.com/.  

Union Bank of India Announces Robust Financial Results For Quarter Ended June 30, 2023


The Board of Directors of Union Bank of India approved the accounts of the Bank for the Quarter ended June 30, 2023. 

Key Highlights in Q1FY24 

1.    Strong Financial Performance:  

Net Profit of the Bank increased by 107.67% on YoY basis during Q1FY24. Net interest income of Bank grew by 16.59% on YoY basis during Q1FY24. 

2.    Bank continues to demonstrate a strong Liability franchise:  

The CASA deposits have increased by 7.17% YoY. Bank now have a total deposits base of Rs.11,28,052 Crores as on June 30, 2023. 

3.    Business Growth gaining momentum: 

Total Business of the Bank increased by 13.08 % YoY, wherein Gross Advances increased by 12.33 % YoY & Total Deposit grew by 13.63% YoY. Bank have a total Business of   Rs.19,46,509 Crores as on June 30, 2023. 

4.    Credit in Retail, Agri and MSME (RAM) segments: 

RAM Segment of the bank increased by 14.92 % YoY, where 16.47 % growth in Retail, 13.37% growth in Agriculture and 14.88 % growth in MSME advances is achieved on YoY basis. RAM advances as a per cent of Domestic Advances stood at 55.92%. 

5.    Reduction in NPA:  

Gross NPA (%) reduced by 288 bps on YoY basis to 7.34% and Net NPA (%) reduced by 173 bps on YoY basis to 1.58% as on 30.06.2023. 

6.    Strong capital ratios: 

CRAR improved from 14.42 % as on 30.06.2022 to 15.95 % as on 30.06.2023. CET1 ratio improved to 12.34 % as on 30.06.2023 from 10.68% as on 30.06.2022. 

7. Cost efficiency and improved return: 

Due to reduction in Cost to Income & Credit Cost ratios, Bank’s Return on Assets &  Return on Equity improved to 1% and 18.97% respectively.  

Bank of Baroda Celebrates Its “116th Foundation Day”


* The theme for the Bank’s 116th year is “ACE - Achieve Collaborate Excel: Building a Stronger Future Together” 

Bank of Baroda (Bank), one of India’s leading public sector banks celebrated its “116th Foundation Day”. The theme for the Bank’s 116th year is “ACE - Achieve, Collaborate, Excel: Building a Stronger Future Together”, setting the agenda for the Bank to continue to dream big, strive for excellence and build a stronger, more prosperous and shared future together. 

The Bank was founded by Sir Maharaja Sayajirao Gaekwad III, a visionary and reformer. From the first branch that was set up in Mandvi in Baroda in 1908, Bank of Baroda has today established itself as the 2nd largest public sector bank in the country. The Bank also has a strong international presence with a network across 17 countries.   

On the Bank’s 116th Foundation Day, Shri Debadatta Chand, Managing Director & CEO, Bank of Baroda said, “Bank of Baroda's 116th Foundation Day is an important landmark in the Bank’s glorious history and is a proud moment for us all. Bank of Baroda is a unique blend of old and new. A bank with a rich legacy of 115 years that has stayed ahead of the curve by embracing innovation and constantly reinventing itself to earn the trust and patronage of its customers and other key stakeholders. Today, as we reflect on our achievements and milestones accomplished over the years, it is also an opportune time to look forward as we aim to set new benchmarks in banking.” 

On the occasion, the Bank felicitated customers who have made a significant contribution in the areas of MSME, Science & Medicine, Literature, Social Work, Industry, Sports and Art & Cinema.  

About Bank of Baroda 

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of over 150 million through over 70,000 touch points spread across 17 countries in five continents. Through Its state-of-the-art digital banking platforms, it provides all banking products and services in a seamless and hassle-free manner. The Bank’s bob World mobile app provides customers with a saving, investing, borrowing, and shopping experience, all under one single app. The app also serves non-customers by enabling account opening through video KYC. The Bank’s vision matches its diverse clientele base and instills a sense of trust and security. It is moving well in that direction and bob World is a testimony of its roadmap towards Digital Transformation. 

Visit us at www.bankofbaroda.in  

Facebook https://www.facebook.com/bankofbaroda/ 

Twitter https://twitter.com/bankofbaroda 

Instagram https://www.instagram.com/officialbankofbaroda/ 

YouTube https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA  

LinkedIn https://www.linkedin.com/company/bankofbaroda/ 

Thursday, July 20, 2023

India Should Soon Become A Global Hub For Sustainable Fashion; Says International Apparel And Fashion Experts At ASW 2023


~ Apparel Sourcing Week unveils a global showcase of Specialized Fabrics, Sustainable Technologies, and futuristic textile products in India ~

~More than 10,000 brands, retailers, manufacturers, and D2C brands from 15 countries are taking part in Asia’s premier apparel sourcing event~

Today, from firmly established brick-and-mortar retailers to continuously growing e-commerce giants to omnichannel players, globally known designers to young talent and top emerging brands, all are putting in dedicated efforts for the triple bottom line, People, Planet, and Profit. Having their own corporate structure, legal and ethically responsible; strong collaboration with international brands and retailers; growing consumer awareness and the ability to save on cost are some of the major factors motivating retailers to tread the path of sustainability. International experts from textile, apparel, and fashion industries representing over 15 countries gathered today at Asia’s premier sourcing show for the global fashion and retail industry- Apparel Sourcing Week (ASW) 2023. These internationally acclaimed experts emphasized on the need for India to become the global hub for sustainable fashion. Manufacturers from Bangladesh, Hong Kong, Australia, Sri Lanka, Indonesia, and other countries converged to showcase their innovative solutions, making a resounding commitment to a more sustainable and responsible future.

The much-awaited third edition of Apparel Sourcing Week (ASW) 2023 kickstarted on a remarkable note with its first day witnessing an inspiring display of specialized fabrics and sustainable technologies at the iconic Hotel Sheraton Grand and Convention Center in Bengaluru. The opening day of ASW 2023 was more than just a platform for fashion sourcing; it highlighted the significant benefits such efforts bring to society. By embracing sustainable practices, the event demonstrates the fashion industry's determination to create a positive impact on both the environment and the communities it serves.

The first day of ASW 2023 saw industry leaders representing some of the biggest and most popular apparel manufacturers sharing their thoughts on a host of important aspects of the future of manufacturing, retail, technology and sourcing in the industry. Popular manufacturers from the apparel retail industry such as Aitken Spence Apparel, Timex Garments (Pvt.) Limited, Sarasavi Exports, Colmans Garments Group (all from Sri Lanka); Azim group, Pakiza, Mitali Fashions (all from Bangladesh); Pratibha Syntex, SCM Garments, Creative Garments Pvt Ltd.Texport Industries (all from India), and many more.  The event's success on the first day has set the stage for an exciting second day on July 21st, where industry stakeholders will continue to tap into the immense potential of the booming Indian fashion retail market.

“ASW 2023's ability to bring together over 15 countries and showcase 150 exhibitors exemplifies its pivotal role in shaping the future of apparel sourcing. The event has become more than just a platform; it's a catalyst for transformative change in the fashion industry. By tapping into the booming Indian fashion retail market and embracing sustainable technologies, we are paving the way for a more responsible and vibrant fashion ecosystem. With each edition, ASW sets a new standard for excellence and innovation, and I am thrilled to be part of this remarkable journey towards establishing India as a prominent global fashion and textile hub." said Mayank Mohindra, CEO of ASW and Director, Apparel Resources at the inauguration of ASW 2023.

ASW 2023 plays a crucial role in supporting India's mission to become a global apparel and textile hub. The event boasts 150 exhibitors from various countries, including Bangladesh, Sri Lanka, India, Mauritius, Hong Kong, and Australia, along with 50-plus fabric and accessories manufacturers and 30-plus sponsors offering specialized fabrics to sustainable technology. This makes ASW 2023 the veritable one-stop sourcing solution for supply chain players in the fashion and retail industry.

The event featured an awe-inspiring line-up of speakers, consisting of esteemed industry experts and thought leaders who delved into the changing paradigms in the fashion retail landscape. Notable speakers included Bruce Atherley (Executive Director, Cotton Council International), Arjun Puri (Director, KAS Asia), Dr. Naresh Tyagi (Chief Sustainability Officer, ABFRL), Anant Ahuja (Head of Organisational Development, Shahi Exports), Jayesh Kothari (President - Sourcing, V-Mart Retail), Wicrant Gambhir (Head - Sourcing, Product Integrity & Quality, Babyshop Concept Landmark Group), Ranjan Mahtani (Executive Chairman, EPIC Group), Shreyaskar Chaudhary (Managing Director, Pratibha Syntex), Saikat Mitra (Sr. VP - Design & Creative Director, Van Heusen), Abhishek Bansal (Head of Sustainability, Arvind Ltd.), Pranav Jha (Director of Sourcing, Myntra), Shirish Srivastava (Head of Apparel Sourcing, PUMA India), Chippy Mehta (COO, Bombay Shirts Company), and many other esteemed personalities.

“We are very optimistic about India and introducing our brand here. India’s strong economy is a golden opportunity for companies like us, we are also planning to expand our manufacturing base in Asia,” said David Hillen, GM and Direction, Gildan who further adds that Apparel Sourcing Week (ASW) has proved a good platform for Gildan to enter into India.

With the turnover of US $ 2.9 billion and 50,000 employees Gildan, is one of the world’s leading manufacturers of basic apparel, started in Canada over 30 years ago.

Shreyaskar Chaudhary, MD, Pratibha Syntex Ltd, said, “We are optimistic about long term growth in Indian as well as global apparel retail market. Event like Apparel Sourcing Week (ASW) is helping us to explore new opportunity, to add new clients. We are also expanding and coming up a new massive unit in Madhya Pradesh.”

Pratibha Syntex, having annual turnover of Rs. 800 crores, is a large vertically integrated, sustainability-oriented supplier of knitted textile products. Engineering a new business paradigm, the company streamlines the production of cotton from fibre-to-garment to reflect emerging sustainable values in textiles and fashion.

The highlight of Day 1 at ASW 2023 was the SustainableNXT Conference & Awards, which served as a significant platform dedicated to fostering circularity, green building, sustainable materials, and practices in the fashion industry. The conference aimed to promote sustainability and pave the way for a greener future. ASW's commitment to driving positive changes in the industry was further emphasized through the SustainableNXT Awards, where 20 individuals and entities across five categories were honored for their exceptional efforts in advancing sustainability.

Website: https://apparelsourcingweek.com/

Tata Motors Today Announced The Launch Of Two New Variants In The Altroz Line Up, The XM And XM(S)


Tata Motors has announced the launch of two new variants in the Altroz line up, the XM and XM(S), priced attractively at INR 6.90 lakhs and INR 7.35 lakhs, respectively (ex-showroom, Delhi). The introduction of high-end features in these variants including the electric sunroof in XM(S) makes Altroz the most affordable premium hatchback to be offered with a sunroof. The XM and XM(S) variant will be positioned in between the Altroz XE and the XM+, thereby broadening the appeal of this best-selling premium hatchback. These variants will only be available in the 1.2 L Revotron petrol engine with manual transmission.

About the Altroz line up extensions:

The Altroz XM variant will come equipped with high end features such as steering-mounted controls, driver seat height adjuster, electrically adjustable and foldable ORVMs, R16 full wheel cover and a premium-looking dashboard. The XM(S) will additionally boast an electric sunroof. Customers will also be able to enhance these cars with a bigger infotainment system as per their choice from the Tata Motors accessories catalogue.

As an added advantage, the Altroz will now offer four power windows and remote keyless entry as a standard feature across its manual petrol variants. Along with this there are several additions to the existing Altroz 1.2 Revotron Petrol Manual variants as well.

•            XE variant will now come with rear power windows and remote keyless entry with follow me home lamps

•            XM+/ XM+S will be equipped with Reverse camera, Driver seat height adjuster, Cruise control, top-end dashboard look

•            XT will boast of Driver seat height adjuster, R16 Hyperstyle wheels and Rear defogger.

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