Thursday, December 7, 2023

Abbott Encourages More People To Talk About Menopause, The Next Chapter In A Woman's Life

 


•       Abbott and Ipsos 2022 survey[i] revealed that though 87% of respondents feel menopause can significantly impact a woman’s everyday life, conversations about this topic are limited

•       New conversation starter, ‘Real, Made up, or Mine?’ offers an engaging way to break the silence about menopause

•       Menopause rating scale helps women understand the severity of their symptoms and enable them to get help if needed

Global healthcare company Abbott is taking The Next Chapter campaign on menopause a step forward through new ways to break the silence around the topic. This year, to encourage meaningful menopause conversations, the company introduced a simple, engaging conversation starter, ‘Real, Made up, or Mine?’ at an event held in Mumbai. Lara Dutta, former Miss Universe, actress, and entrepreneur, who was part of last year’s campaign launch, participated in the discussion and advocated to reframe the menopause narrative and foster an open dialogue.

This event is building upon the 2022 launch of  Abbott’s The Next Chapter collection of stories, a compilation of real experiences of women undergoing menopause from India, China, Brazil, and Mexico. From the impact of hormonal changes on relationships and careers to the toll on health and self-esteem, each woman’s story was meant to inspire more women to speak up about their experience, discuss menopause more freely, and reach out for support, including amongst family and friends.

Dr. Rohita Shetty, head of Medical Affairs at Abbott said, “Recognizing the tough transition that women go through during menopause, it's important to help them and the people around them better understand how to manage this phase. We believe that driving conversations and sharing trusted information on menopause is an important step for women to get the support they may need to live more fully in this life stage.”

‘Real, Made up, or Mine?’ aims to help spark conversations with two sets of cards: scenario cards meant to help drive discussions and are inspired from the actual stories in The Next Chapter compilation, while story cards are open-ended questions intended to drive conversations about menopause and general well-being. Following a quick show-and-tell of the cards, a few of the panelists, along with some audience members, engaged into an authentic and engaging exchange on menopause and ways in which it can impact various aspects of life.

Lara Dutta said, “I have been raised in a family of strong women where having open conversations around problems and difficult topics resulted in finding solutions. Together with

Abbott’s The Next Chapter initiative, I’m hopeful that not just women, but also their friends and family, are comfortable talking about menopause. Having this dialogue is key to help women get the information and confidence needed to take charge of their health.”

A fire-side chat with panelists including Lara Dutta, Dr. Nozer Sheriar, Consultant Obstetrician and Gynecologist at P.D. Hinduja & Breach Candy Hospitals and Former Secretary General of The Federation of Obstetric and Gynecological Societies of India (FOGSI), Dr. Suchitra Pandit, Consultant Obstetrician and Gynecologist at Surya Group of Hospitals, Mumbai and former President of The Federation of Obstetric and Gynecological Societies of India (FOGSI), and Dr. Rohita Shetty, Head, Medical Affairs at Abbott India led discussions on women’s menopausal experiences, the level of awareness amongst people and the importance of social support. This session was moderated by Shaili Chopra, Founder, SheThePeople.

Indian women typically experience menopause at around 46 years of age, which is at least five years earlier than Western nations.[ii] Menopause has wide-ranging effects on their family and social life, work, everyday activities, and more. The Abbott and Ipsos survey found that over 80% women believe menopause impacts their personal well-being[iii]. Menopause may also lead to effects on a woman’s mental health and cognition, from depression and anxiety to irritability, poor concentration, sleep loss, and memory issues[iv].

While greater awareness can prompt more women to share their authentic experiences, it is also important to encourage family members, friends, and coworkers to join the conversation. They form an important ecosystem for women and equipping them with information can foster support and helpful dialogues. In fact, Abbott’s survey also highlighted that 91% of husbands surveyed feel that more women need to talk about their experiences regarding menopause to increase awareness[v].

When it comes to symptoms, while women are aware of commonly associated symptoms, they generally don’t consult a doctor immediately. Amongst those who visited a gynecologist, approximately 93% women consulted a gynecologist three months or more after experiencing symptoms[vi]. To help women identify menopausal signs and manage them better, Abbott also released a menopause rating scale. This tool can help women understand the severity of their symptoms, while supporting doctors in treatment decision-making and lifestyle suggestions to ease women’s hormonal transition into menopause and beyond.

Abbott’s digital conversation starter, and additional menopause resources can be accessed on its website, The Next Chapter - Womenfirst. Women can also check their symptoms on the menopause rating scale: Menopause Rating Scale.

About Abbott:

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

In India, Abbott was established in 1910, and is one of the country's oldest and most admired healthcare companies. With more than 12,000 employees in the country, Abbott is helping to meet the healthcare needs of consumers, patients and doctors throughout urban and rural India.

Connect with us at www.abbott.com and www.abbott.in, on Facebook at www.facebook.com/Abbott and www.facebook.com/AbbottIndia, and on Twitter @AbbottNews.

PNB Urges Its Customers To Update KYC Details By Dec 18, 2023


In adherence to the Reserve Bank of India (RBI) guidelines, the Punjab National Bank, nation’s leading public sector bank, has asked its customers to update their Know Your Customer (KYC) information before 18.12.2023 to ensure smooth functioning of their accounts. This is applicable only for those customers whose accounts were due for KYC updation as of 30.09.2023.  

As part of the KYC compliance exercise, PNB customers are requested to provide their updated information like identity proof, address proof, recent photo, PAN, income proof, mobile number (if not available) or any other KYC information to their base branch. It can be done through PNB One, Internet Banking Services (IBS), registered email/post, or in-person visits to any branch by 18.12.2023. Failure to update KYC details within the stipulated time may result in restrictions on account operations. 

For any assistance, customers can visit their nearest PNB branch or check the official website https://www.pnbindia.in/.  

Bank of Baroda Introduces The “BOB Parivar Account” For Savings And Current Accounts


 - ‘My Family, My Bank’ brings together a family’s entire banking relationship with the Bank, doing away with the need to maintain minimum balance for each account and enabling all family members to enjoy attractive benefits 

Bank of Baroda (Bank), one of India’s leading public sector banks, announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to members of a single family under One Family. While each account will be operated independently by the primary account holder, the maintenance of quarterly average balance (QAB) is recorded at the Group/ Family level, eliminating the need to maintain QAB in every single account. 

Further, it gives each family member access to an array of benefits during the festive period due to the overall enhanced relationship. The BOB Parivar facility is open to both new and existing customers.  

The BOB Parivar Account can comprise of a minimum of two and a maximum of six members. Eligible family members for the BOB Parivar Savings Account segment include the spouse, parents, children, parents-in-law, daughter-in-law and/or son-in-law. The BOB Parivar Current Account Segment is open to proprietorship, partnership, LLP and Pvt. Ltd. companies, which are group companies or sister concerns.   

Both the BOB Parivar Savings Account and the BOB Parivar Current Account segments come in three distinct variants – Diamond, Gold and Silver – with varying Pooled Quarterly Average Balance (PQAB) requirements (For Savings Accounts - Diamond: Rs 5 lakh & above; Gold: Rs 2 lakh & above; Silver: Rs 50,000 & above; For Current Accounts - Diamond: Rs 10 lakh & above; Gold: Rs 5 lakh & above; Silver: Rs 2 lakh and above) and associated benefits.  

Speaking on the occasion, Shri Ravindra Singh Negi, Chief General Manager - Retail Liabilities & NRI Business, Bank of Baroda said, “We are delighted to introduce the BOB Parivar Account for our Savings and Current Account holders. By grouping together individual accounts of a single family or associated companies, our customers will be greatly rewarded with superior benefits, which are normally provided in accounts maintaining higher balances. In the BOB Parivar Account segment, all individual family members will gain from the overall balances maintained together. Here there is no requirement to maintain individual Quarterly Average Balance for each account, thus enhancing the overall banking experience. As a bank with a 115 year history, we are privileged to have generations from the same family bank with us and the ‘My Family, My Bank’ concept will further strengthen and deepen their relationship with Bank of Baroda.” 

Benefits of the BOB Parivar Account: 

Concessional Interest Rates on Retail Loans for Saving Accountholders  

Waiver of Processing Charges on Retail Loans (excluding TCR/Valuation Charges) 

Concession in Locker Rent Charges 

Concession in Demat AMC  

Concession in manual NEFT/RTGS charges (Digital is 100% Free)  

Complete waiver of DD/PO Charges 

Concession in Cheque Book charges 

Waiver of charges on collection of Outstation Cheques (Only Postage & Out of Pocket expenses are payable for Collection of Outstation Cheques) 

Complimentary SMS/Email Alerts and Standing instructions 

For details on ‘My Family, My Bank’ and to avail this facility, click on Baroda Family Savings Account Segment and Baroda Family Current Account Segment or visit the nearest Bank of Baroda branch.  

Secures A Landmark $41 Million In Series A Funding Led By Lightspeed


Sarvam AI, an Indian startup in Generative AI founded by Vivek Raghavanand Pratyush Kumar,has announced that it is raising $41 million in Series A round. This funding, led by Lightspeed and supported by Peak XV Partners and Khosla Ventures,represents the largestraise at this stage for an IndianAI startup. 

Sarvam AI’s ambitious plan is to develop the “full-stack” for Generative AI ranging from research-led innovations in training custom AI models to an enterprise-grade platform for authoring and deployment. The company believes that this full-stack approach will accelerate adoption of GenAIin India, especially given that enterprises see the potential of GenAI but are grapplingwith how to leverage it for their business. 

Sarvam AI will focus on India’s uniqueneeds. This includestraining AI modelsto support the diverse set of Indian languages and voice-first interfaces. The company will also work with Indian enterprises to co-build domain-specific AI models on their data. Finally, the company aims to create population-scale impact layering GenAI on top of the highly successful India stack specifically for public-good applications. 

Hemant Mohapatra, Partner,Lightspeed, reflecting on their global experience in funding leadingGenAI ventures, remarked, "Having backed some of the most influential names in GenAI globally, we are excited by Sarvam AI’s unique approach in combining model innovation and application development to build population-scale solutions for India. Lightspeed will be close partnersand contribute with our deep capital stack and learningsfrom our global platform." 

Co-founder of Sarvam AI, Vivek Raghavan, reflecting on his decade long experience in building digital public infrastructure includingAadhaar stated, "Ihave seen first hand the enormous value in innovating at foundational layers and deploying at population scale. India has demonstrated that it can harness technology differently, and with GenAI we have an opportunity to reimagine how this technology can add value to people’slives.” 

Domiciled in India, Sarvam AI hopes to contribute to India’s strategic goals in this space. Vinod Khosla, a pioneer in Silicon Valley AI investments, including his early support for OpenAI, commented, "Wesee several countrieshaving sovereign effortsto build GenAI models given its strategicimportance. We need companies like Sarvam AI to developdeep expertise for building AI in and for India." 

Co-founder of Sarvam AI, PratyushKumar, drawing on his researchexpertise in academiaand corporate research, said, "Our aim is to establish Sarvam AI as a beacon for AI innovation, attracting the brightest minds to tackle foundational research challenges right here in India.” As a founder of the research initiative on open-source Indian language AI called AI4Bharat, Kumar has a track-record of building state-of-the-art AI models for Indian languages which are deployed for various public-good and commercial applications. Kumar also noted, “The race towards ever more powerful AI is both an exciting and divisive one. We named our company Sarvam, which in Sanskrit means ‘all’, as we are intentionally invested in technical and ecosystem innovations that make this technology accessible to all.” 

Led by its successful founders, Sarvam AI is putting together a high-quality team. Commenting on the people at Sarvam AI, Harshjit Sethi, Managing Director, Peak XV, said, “The Sarvam AI team led by Vivek and Pratyush is among the highest calibre AI teams we have seen emerge from India. Vivek’s expertise in building large scale systems with Pratyush’s domain expertise in AI makes them uniquely positioned to build population scale AI applications. Large scale adoption of AI in India will require not only buildinguniquely Indian use cases but also delivering them at prices that everyone can afford and we believe the Sarvam team is best positioned to accomplish this.'' 

Vitesco Technologies Wins “German Design Award 2024” For Its Brand Sound


* Winner in the category ‘Excellent Communications Design – Audiovisual’ 

* Vitesco Technologies had already won the 2021 German Design Award for ‘Corporate Identity’ and ‘Brand Identity’ given by the German Design Council 

* International Sound Award 2023 given by the Audio Branding Academy: Winner in the category ‘Audio Branding’ 

Vitesco Technologies, a leading international provider of modern drive technologies and solutions for electromobility, was announced as the recipient of its third German Design Award: "Excellent Communications Design - Audiovisual" for its brand sound. Vitesco Technologies was previously honored with the German Design Awards in 2021 for its "Corporate Identity" and "Brand Identity" efforts. The official award ceremony will take place on January 26, 2024 in Frankfurt (Main). 

"I am incredibly proud of my team, which has positioned our young brand extremely successfully in such a short time," explains Dr. Anne-Kathrin Bräu, Head of Communications at Vitesco Technologies: " The repeated recognition of our brand sound, this time with the German Design Award 2024, once again confirms this great team spirit."  

In October of this year, Vitesco Technologies was named "Winner" of the International Sound Awards 2023 in the "Audio Branding" category with its brand sound, a central element of the brand: The tone sequence of the sound is based on the brand symbol, the "V". It follows a descending and then ascending form that resembles the "V". The central tone is the A, as yellow, the brand color of Vitesco Technologies, is subconsciously associated with this tone by many people. 

Union Bank of India Has Bagged "Best Government Led Assistive Technology Award"


Union Bank of India has bagged "Best Government Led Assistive Technology Award" in the Enablers category at the Assist Tech Foundation (ATF) Awards 2023 held at Bengaluru on 1st December 2023. The award was given for Bank’s ground-breaking initiatives - Union Access, for implementing digital accessibility and Union Sparsh, a tactile featured braille debit card for visually challenged customers. Bank’s success at this prestigious event not only highlights its commitment to leveraging technology but also emphasizes its role in creating a more inclusive and accessible banking products.  

The ATF Awards 2023 celebrated innovation and excellence in the assistive technology sector. The award was received by Mr. Jude George (Deputy General Manager, Department of Information Technology) and Mr. Rahul Gambhir (Senior Manager, Department of Information Technology) on behalf of the Bank from the Honorable Minister of IT from the Karnataka State Government.   

Vitesco Technologies Presents Comprehensive “Portfolio For Electric Drives” At CTI Symposium, Berlin


Among other things, the company will exhibit its "Master Controller Premium"  

In addition: the "Overmold Power Module" with modern silicon carbide chip technology  

Presentations on silicon carbide-based drive systems and inverter technologies for e-mobility  

Vitesco Technologies, a leading international provider of state-of-the-art drive technologies and solutions for electromobility, will participate in this year's CTI Symposium in Berlin with a booth and technical presentations. Among the product innovations that the company will present from tomorrow are the Master Controller Premium as well as its overmolded power modules with modern silicon carbide chip technology.  

The Master Controller Premium from Vitesco Technologies is a central control system for various area functions, such as the drive, the chassis or the charging. By acting as a functional integration platform for lateral and longitudinal acceleration, thermal and energy management, driving and charging strategy, it supports the highest functional safety level (ASIL-D).  

Another highlight of Vitesco Technologies at the CTI Symposium will be the overmold power module: With its modern silicon carbide chip technology it represents a solution example for very deep system competence through joint optimization of power electronics and thermal management. Thanks to long-term collaborations with various semiconductor manufacturers, the company is able to offer its customers a particularly high degree of flexibility.  

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