Friday, September 27, 2024

HDFC Life Launches ‘The Missing Beat’ On World Heart Day


HDFC Life, one of India’s leading insurers, has launched ‘The Missing Beat’, an initiative in public interest, aimed at spreading awareness on the importance of Cardiopulmonary Resuscitation (CPR) – a lifesaving technique.

Cardiac arrests are among the leading causes of death in India. While many people are willing to help in case of cardiac (heart-related) emergencies, the lack of awareness often leaves family members, friends, and bystanders unsure of how to respond effectively.

CPR can be a critical intervention when the heart stops beating or is unable to circulate blood to vital organs. It can also be crucial in other life-threatening situations, such as heart attacks or near-drowning incidents.

However, despite its potential to save lives, less than 2% of India’s population is aware of CPR, which can make the difference between life and death. This significant gap in awareness prompted HDFC Life to launch the campaign ‘The Missing Beat’, coinciding with the World Heart Day.

At the core of this campaign is a moving short film that traces the emotional journeys of four individuals, showcasing their dreams, relationships, and vulnerabilities. Each story emphasises the critical importance of being prepared in moments that matter, demonstrating the lifesaving potential of CPR in cardiac emergencies. Through this film, HDFC Life aims to connect with audiences on a personal level, underscoring the message that being CPR-ready can enable one to save lives.

Speaking on the campaign, Vishal Subharwal – Chief Marketing Officer & Group Head Strategy, HDFC Life said, “At HDFC Life, we believe that dignity and pride come not only from financial independence but also from the ability to help others in critical moments. This campaign is not just about raising awareness — it is about inspiring action. We want to encourage every Indian citizen to take the first step toward becoming CPR-ready. With the right knowledge and preparation, we can save lives and truly live the spirit of ‘Sar Utha Ke Jiyo’."

Manesh Swamy – Managing Director & Chief Creative Officer, LS Creative at LS Digital said “It is one of those rare opportunities when advertisers and creative individuals come together to do something substantial that will impact people’s lives. For the last few years, we have been hearing horror stories about sudden cardiac arrests in the news, on the internet, and even among friends and family. With ‘The Missing Beat,’ our goal is to create more than just a campaign—it’s a movement, a larger call to action, a reminder that knowing CPR can mean the difference between life and death.”

He further added, “The journey of bringing this communication piece to life was deeply personal for our team. We have been researching this campaign for more than a year now; the data and statistics we have collected are nerve-wracking, and we felt something needed to be done urgently. We wanted the audience to not just watch but to feel the urgency and importance of CPR. Every shot and story was crafted from real-life incidents to evoke an emotional connection, immersing the audience in the gravity of the situation. We hope to inspire people to recognise the importance of this simple, life-saving skill and take a step towards making the country CPR-ready. We’re not just sharing stories—we’re encouraging action over helplessness.”

In FY24, HDFC Life covered 6.6 crore lives and achieved a 99.5% claim settlement ratio for individual claims, reflecting its strong commitment to policyholders and their families.

About HDFC Life

Established in 2000, HDFC Life Insurance Company Limited ('HDFC Life'/ ‘Company’) is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity, and Health. The Company has more than 80 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs.

HDFC Life was promoted by erstwhile Housing Development Finance Corporation Limited (HDFC Ltd.), and Abrdn (Mauritius Holdings) 2006 Limited (abrdn) (formerly Standard Life (Mauritius Holdings) 2006 Limited), a global investment company. Consequent to implementation of the Scheme of Amalgamation of HDFC Ltd. with HDFC Bank, India’s leading private sector bank (“Bank”), the Bank has become promoter of the Company, in place of HDFC Ltd, effective from July 1, 2023. Further, consequent to reclassification of abrdn from “Promoter” category to “Public” category in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HDFC Bank has become sole promoter of the Company, effective December 12, 2023.The name/letter 'HDFC' in the name/logo of HDFC Life Insurance Company Limited (HDFC Life) belongs to HDFC Bank Limited.

HDFC Life has a nation-wide presence with its own branches and additional distribution touch-points through several tie-ups and partnerships. The count of distribution partnerships is over 300, comprising banks, NBFCs, MFIs, SFBs, brokers, and new ecosystem partners amongst others. The Company has a strong base of financial consultants.

For more information, visit www.hdfclife.com.You may also connect with us on Facebook, X (formerly Twitter), YouTube, and LinkedIn.

Madhya Pradesh’s Pranpur, Sabarvani And Ladpura Recognised As Best Tourism Villages


- Union Tourism Ministry announced the recognitions

- Additional Managing Director Ms. Mukherjee accepted the recognition along with rural representatives in New Delhi

Bhopal: Madhya Pradesh has once again made its mark on the national tourism stage. The Central Ministry of Tourism has announced that the state's Pranpur, Sabarvani, and Ladpura Khas have been declared the best tourism villages in the country. Pranpur has been selected in the craft category, while Sabarvani and Ladpura Khas have been recognized for responsible tourism. These villages were honoured at a ceremony in New Delhi on September 27th, which coincides with World Tourism Day. The Additional Managing Director Madhya Pradesh Tourism Board Ms Bidisha Mukherjee received this honour along with rural representatives. The Union Ministry of Tourism organizes the Best Tourism Village Competition with the aim of promoting community-based values and lifestyle while preserving cultural and natural resources.

Principal Secretary Tourism and Culture Department and Managing Director Madhya Pradesh Tourism Board Shri Sheo Shekhar Shukla said that "We are delighted that Pranpur, Sabarwani, and Ladpura Khas have been recognized as the best tourism villages in our state. This award highlights our dedication to fostering rural tourism. These villages have successfully preserved their unique cultural heritage while simultaneously empowering the local community through tourism. We are committed to expanding this initiative to ensure that more rural areas can benefit from tourism and gain recognition on a global scale."

Will Gain global recognition

AMD Ms Bidisha Mukherjee said "this prestigious award will elevate Pranpur, Sabarwani, and Ladpura Khas to international prominence. We anticipate a surge in both domestic and foreign tourism which will stimulate job growth and revitalize the local economy. Moreover, it will safeguard our rich cultural heritage including our ancient arts, crafts, and traditions for posterity. It is noteworthy that in 2023, Madla village in Panna district was awarded the Gold category and Khokhar village in Sidhi district was awarded the Bronze category in the Best Tourism Village competition."

Brief description of villages awarded as Best Tourism Village

Tourism Village Sabarvani

Discover the serene Gond tribal village of Sabarvani, nestled in the Satpura National Park buffer zone. Enjoy simplicity of nature and rural living at traditional homestays. The mornings unfold with picturesque farmlands, resonating bird melodies, and the allure of surrounding mountains. Activities include village walks, farming, bullock cart rides, fishing, bird-watching, cycling, and cultural immersion. Savor local delicacies like Makke ki Roti, Chane ki Bhaji, and Chana Dal and witness traditional dances including Sela Dance, Fadravi Dance, Bhajans, and Kirtan.

Tourism Village Ladpura Khas

Ladpura Khas is a picturesque village 8 km away from Orchha, offers a unique blend of rural life, cultural immersion, and natural beauty. As the first Rural Tourism Village under the Responsible Tourism Mission, Ladpura Khas provides guests with a truly authentic Bundeli experience. Enjoy the cosy homestays with traditional architecture and hand-painted walls, immersive cultural experiences with the local tribal community and stunning natural landscapes including rolling hills and lush fields

Pranpur – India’s First Craft Handloom Tourism Village

Pranpur, nestled 4 kms from Chanderi is India’s First Craft Handloom Tourism Village renowned for its vibrant handloom weaving tradition. The village is home to approximately 5500 residents and boasts around 900 weavers who skillfully craft Chanderi cloth on about 550 handlooms spread across 243 houses. The Madhya Pradesh Tourism Board envisions a comprehensive tourist experience beyond the conventional sightseeing offered in Chanderi. The ambitious plan includes immersing visitors in the rich history and culture of Chanderi, along with a memorable textile tourism experience at Pranpur.

Cothas Coffee completes 75 Glorious Years, Unveils New Brand Identity, Products, Targets Rs 1000 Crore Revenue In The Next 3 Years



Cothas Coffee, a household name in coffee completes 75 glorious years of serving the best filter coffee to coffee lovers across Karnataka and India. As a mark of completion of 75 years, the company unveiled a new brand identity and a few new products at a press conference today. 

The company unveiled updated packaging, redesigned store facades, and a refreshed logo, aiming to connect with both loyal customers and new markets. By enhancing its brand identity, Cothas Coffee seeks to stay competitive in a rapidly changing market while maintaining its commitment to quality and tradition.

The company also launched a few products like the instant coffee sachets of ?2, ?3 and ?5 along with a few ranges of cold coffee. Cothas Coffee had entered into the instant coffee market a few months ago 

Addressing the media on the occasion, Mr C K Sreenathan, Chairman & Managing Director of Cothas Coffee said, "Cothas Coffee has always been about delivering an exceptional coffee experience to our customers. Over the years, we have stayed true to our roots while evolving to meet modern tastes and preferences. As we celebrate 75 years, our goal is not just to honour our rich legacy but to continue innovating and expanding to new markets."

Targets Rs 1000 crore revenue

The company, which currently has an annual turnover of over Rs 300 crore has set a revenue target of Rs 1000 crore over the next 3 years. 

Commenting on the growth plans, Mr. C S Nitin, Director Cothas Coffee remarked, “"Cothas Coffee is dedicated to achieving a Rs. 1000 crore revenue target by leveraging our passion for quality and commitment to excellence. To accomplish this, we are implementing a three-pronged strategy:

Expanding Global Footprint: We are rapidly expanding our network of company-owned exclusive outlets, with our first international outlet set to open in Dubai shortly.

Strengthening Domestic Presence: We are increasing our store count to 100 and strategically deploying more coffee vending machines across India to enhance accessibility and convenience.

Product Innovation and Diversification: We are continually launching new products like Instant coffee and exploring more innovative offerings to drive growth and meet evolving consumer preferences."

Impressive Milestones and Manufacturing Excellence

Cothas Coffee serves a staggering 3 million cups of coffee daily, a testament to the brand’s enduring popularity. The company sources its coffee beans from Karnataka, carefully selecting the finest green beans that are then expertly blended to create six unique combinations. This ensures that every cup of Cothas Coffee is of the highest quality.

The company’s state-of-the-art manufacturing facility spans 1,00,000 square feet and features cutting-edge technology, including six German coffee roasters capable of processing 6 metric tons per hour and Probat Roller Grinders with a capacity of 4 metric tons per hour. The fully automated, computer-controlled production system guarantees consistency in every batch, maintaining Cothas Coffee’s high standards.

Optimised supply chain and logistics:

Cothas Coffee's supply chain is a hallmark of efficiency, designed to streamline integrated planning, sourcing, production, storage, inventory management, and logistics. With a network of over 60 company-owned retail outlets strategically located across Karnataka, Tamil Nadu, Telangana, and Andhra Pradesh, as well as a prominent presence at Bengaluru International Airport's T2 Arrivals, we guarantee 100% customer satisfaction.

Our dedicated fleet of vehicles, ranging from 3 to 10 metric tons, ensures timely deliveries to our retail locations and customers. A robust ERP system, coupled with certifications like BRC, USFDA, and Rainforest Alliance, reinforces our commitment to quality at every stage. Regular audits and stringent inventory management protocols further mitigate supply risks, ensuring a seamless and reliable supply chain.

Cothas Coffee offers a wide range of products to suit every coffee enthusiast:

• Filter coffee powders

• Roasted coffee beans

• Cold beverages, including cold coffee and milkshakes

• Drip coffee

• Decoctions

• Instant coffee

• Packaged snacks

Expanding Retail and B2B Services

With more than 60 outlets across South India, Cothas Coffee provides its customers with an authentic filter coffee experience. In the B2B sector, the company offers the Cothas Grande Filter Coffee Vending Machine and Bean-to-Cup Machines, delivering high-quality coffee solutions for workplaces. These machines, designed for minimal maintenance and superior yield, are suitable for a variety of environments, including start-ups, SMEs, hospitals, hotels and co-working spaces.

Cothas Coffee has established a presence in countries such as Canada, Australia, the USA, New Zealand, Singapore and the UAE. The company’s international reach continues to grow as it sets its sights on becoming a key player in global coffee markets.

Over the past 75 years, Cothas Coffee has evolved from a neighbourhood coffee store into a major brand, offering a wide variety of products, from traditional decoctions to roasted beans and cold coffee.  

"Despite the competitive landscape and increasing operational costs, Cothas Coffee remains steadfast in its commitment to delivering exceptional quality and consistency. Our diversified business modules like distribution, retail stores, corporate vending solutions, grab-and-go outlets, and premium coffee shops, allows us to cater to a wide range of customer preferences and needs, from convenient on-the-go options to indulgent coffee experiences." adds Mr. Nitin.

For More information, log on: www.cothas.com

Rolls-Royce Debuts Super-Luxury SUV - Cullinan Series In India


·         Rolls-Royce Motor Cars Chennai debuts Cullinan Series II in India: a bold evolution of the world’s pre-eminent super-luxury SUV.

·         Cullinan Series II directly responds to changing codes of luxury and client use cases.

·         Cullinan is driving significant interest globally as well as locally; it remains the most requested Rolls-Royce within the marque’s product portfolio.

·         Black Badge Cullinan Series II also becomes available in India, tailored to those seeking a more visceral interpretation of Rolls-Royce.

From 27th September 2024, Rolls-Royce Motor Cars Cullinan Series II debuts in India.

"The debut of Cullinan Series II in India represents a significant milestone for Rolls-Royce in the Asia Pacific region. Since its original launch in 2018, this remarkable motor car has attracted a younger and more diverse group of clients, and today Cullinan is the most requested Rolls-Royce in the marque’s portfolio. Cullinan Series II integrates new technologies, new materials, meticulously considered design updates and innovative opportunities for self-expression through Bespoke.” Irene Nikkein, Regional Director Asia-Pacific, Rolls-Royce Motor Cars

The original Cullinan, launched in 2018, was the world’s first super-luxury SUV, fulfilling a unique and exacting brief. From a performance and engineering standpoint, it had to have genuine off-road capabilities equal to the most demanding and hostile environments on Earth. At the same time, it had to deliver the marque’s peerless comfort and signature ‘magic carpet ride’, regardless of the terrain. It had to be nothing less than the definitive super-luxury SUV —rugged yet refined, unstoppable yet serene: effortless, everywhere. Its success exceeded Rolls-Royce’s most ambitious expectations around the world, and today Cullinan is the most requested Rolls-Royce in the marque’s portfolio.

Given the motor car’s extraordinary success, and incredibly positive reception from clients in every region of the world, shaping a new expression of the ‘Rolls-Royce of SUVs’ was undertaken with meticulous care. The marque’s designers, engineers and craftspeople drew on half a decade of detailed client feedback, the brand’s own intelligence gathering — including our Private Offices around the world — and a raft of new technologies to advance Cullinan. In its new guise, which represents the most extensive Series II development in Rolls-Royce history, it responds to changing codes of luxury and evolving usage patterns while remaining true to the essential qualities that underpin Cullinan’s unprecedented popularity.

Clients can commission Cullinan Series II and Black Badge Cullinan Series II at Rolls-Royce Motor Cars Chennai and Rolls-Royce Motor Cars New Delhi. Pricing for Cullinan Series II in India starts from Rs. 10,50,00,000. Pricing for Black Badge Cullinan Series II starts from Rs. 12,25,00,000. First local client deliveries will commence from Q4 2024.

Rolls-Royce pricing is dependent on client specification. Each Rolls-Royce is Bespoke.

COMMANDING THE URBAN SPACE

Since the first client deliveries, Cullinan fulfilled its purpose as a supremely accomplished off-road motor car, capable of taking its owner into locations never previously explored in a Rolls-Royce. However, versatility and the effortless everywhere essence of the model also made Cullinan a ‘daily driver’ for many owners; indeed, numerous clients have told Rolls-Royce that no other SUV offers the same effortless performance as Cullinan’s 6.75-litre V12 engine, from what is often a substantial and diverse collection. These were all significant considerations in conceiving Cullinan Series II.

It was noted by the marque’s intelligence specialists that an increasing number of Rolls-Royce clients were concentrated in urban areas – from great world metropolises to fast-growth cities in emerging regions. To that end, Cullinan increasingly serves as a super-luxury product in which clients wish to be seen and project their character – albeit with the capacity to vanish into nature at will. Specialists also observed a shift towards owners driving their motor cars themselves. When Cullinan was first launched, less than 70% were self-driven: today, almost every Cullinan is driven by its owner, with less than 10% of clients retaining the services of a chauffeur. Together with the rejuvenation of the brand and the ever-increasing Bespoke offering, Cullinan contributed to a fall in the average age of Rolls-Royce clients from 56 in 2010 to just 43 today.

An increasingly urban focus, a youthful cadre of clients and a decisive shift towards self-driving informs the surface treatment and detail of Cullinan Series II’s exterior. A key theme is verticality, which echoes illuminated skyscrapers in the megacities where Cullinan is increasingly at home. This is most apparent in the new lamp treatment, where tall daytime running light graphics ensure Cullinan Series II is easily identified, day and night.

Reflecting many clients’ desires for bolder forms of self-expression, innovative decoration and detail have been added throughout the interior of Cullinan Series II. The most substantive change to the motor car’s geometry is the pillar-to-pillar glass-panel fascia in the upper portion of the dashboard – an elegant and versatile design element that stages both digital and physical craftsmanship.

Connectivity has been refined throughout the motor car, especially for those in the rear of Cullinan Series II. Clients are able to connect up to two streaming devices to the rear screens, which now incorporate a Bespoke interface for streaming car management and seating functions such as massage, heating and cooling.

The installation of internet connectivity allows clients to enjoy a Wi-Fi hot spot connection and independent streaming for each screen. For the first time in Cullinan, Bluetooth headphones of any type can be paired with the rear seat infotainment system, or clients can enjoy the marque’s exceptional 18-speaker Bespoke Audio system, which benefits from the latest generation 18-channel 1400-watt amplifier. Cullinan Series II retains the brand’s celebrated speaker architecture wherein cavities within the motor car’s aluminium sill sections are used as resonance chambers for low frequency speakers, effectively transforming the entire motor car into a subwoofer.

Directly in front of the passenger is an Illuminated Fascia panel — a remarkable expression of modern craft that debuted with Ghost before appearing in Spectre and now, for the first time, is available within the Cullinan family. In this guise, it features an illuminated Cullinan wordmark and a unique Cityscape graphic inspired by the skyscrapers of the world’s megacities at night. This is created using a specially-developed technique whereby 7,000 dots are laser-etched onto the rear of the darkened and toughened security glass, each at minutely differing angles and dimensions to create the perception of depth. In addition to this prêt-à-porter design, clients are also able to create their own Illuminated Fascia motif in collaboration with the marque’s Bespoke designers.

Incorporating the Spirit of Ecstasy into the interior of the motor car was the product of four years of development, and a unique partnership between analogue and digital craftspeople to create a dramatic and meticulously orchestrated flow of light. This sequence begins with the illumination of the driver’s display upon entering the motor car, followed by the Central Information Display, then the Illuminated Fascia, where light sweeps inwards towards the vitrine, lighting the timepiece. The Spirit of Ecstasy is illuminated from below initially, reminiscent of a spotlight on a debut performance, before her stage lighting settles to a soft glow.

CULLINAN SERIES II: A LEGACY FURTHERED

Cullinan built a new legacy for Rolls-Royce Motor Cars, shaped in collaboration with a bold and uncompromising generation of super-luxury consumers. Cullinan Series II evolves and builds on this motor car’s place in the brand, proving once more that the future of this marque will be shaped in partnership with its clients and characterised by exquisite contemporary crafts.

FURTHER INFORMATION

You can find all our press releases and press kits, as well as a wide selection of high resolution, downloadable photographs and video footage at our media website, PressClub.

You can also follow the marque on social media: LinkedIn; YouTube; X (Twitter); Instagram; and Facebook.

About Rolls-Royce

Rolls-Royce Motor Cars is a true luxury house, creating the world’s most recognised, revered and desirable handcrafted Bespoke products for its international clientele.

There are over 2,500 people working at the Home of Rolls-Royce at Goodwood, West Sussex. This comprises both its global headquarters and Centre of Luxury Manufacturing Excellence – the only place in the world where Rolls-Royce motor cars are designed, engineered and meticulously built by hand. An independent study by the London School of Economics & Political Science confirmed that since the company began production at Goodwood in 2003, it has contributed more than £4 billion to the UK economy and adds more than £500 million in economic value every year.

Rolls-Royce Motor Cars is a wholly owned subsidiary of the BMW Group and is a completely separate, unrelated company from Rolls-Royce plc, the manufacturer of aircraft engines and propulsion systems.

Information Technology: Accenture Q4FY24: In-Line Performance; Guides 3-6% Growth In FY25


In-line performance: Accenture (ACN) reported revenue of USD16.4bn, up 2.6% YoY (5% LC) in Q4. Revenue growth was above the mid-point of the company’s guidance of 2-6% in LC. For FY24, revenue grew 1.2% YoY to USD64.9bn (2% LC) and was at the mid-point of the guided range of 1.5-2.5% growth in LC. Seven of the 13 industries, including public service, industrial, software and platforms, health, high-tech, energy, and life sciences, grew in a mid-single digit or higher in Q4. Consulting revenue grew 0.7% YoY to USD8.3bn (3% LC), whereas revenue from Managed Services/Outsourcing grew 4.6% YoY to USD8.2bn (7% LC). Organic revenue improved, showing a slightly positive growth in Q4. ACN posted fairly strong double-digit growth in Security, double-digit growth in Industry X, and high single-digit growth in Cloud and Song, during Q4. Strategy and Consulting, and Technology reported mid-single-digit growth, while Operations grew in a low single-digit in Q4. New bookings stood at USD20.1bn (21.1% YoY; book-to-bill: 1.2x). Consulting bookings stood at USD8.6bn (up 1.2% YoY; book-to-bill: 1x), and Managed Services bookings stood at USD11.6bn (up 41.5% YoY; book-to-bill: 1.4x). The company reported USD1bn worth of new bookings in Gen AI in Q4 (total USD3bn in FY24 vs. USD300mn YoY) and achieved USD900mn in revenue in FY24 (vs USD100mn in FY23). Adj OPM increased by 10bps YoY to 15% in Q4. Quarterly annualized voluntary attrition stood at 14% in Q4, similar to the QoQ/YoY attrition. Total headcount increased by 24,103 QoQ to 774,303 (3.2% QoQ/5.7% YoY).

Weakness in Financial Services persists: Q4 revenue growth was led by Health and Public Services (11% in LC YoY), Products (6%), CMT (5%), and Resources (3%), whereas Financial Services declined 2% YoY LC. Geography-wise, North America grew 6% YoY in LC, driven by growth in Public Services and Industrial; EMEA grew 2% on the back of growth in Public Services and Life sciences, partially offset by decline in Banking and Capital Markets; and Growth markets grew 9% led by growth in Banking and Capital Market, Software and platforms, and Industrials.   

Guides to 3-6% LC revenue growth in FY25: ACN has guided to LC revenue growth of 3-6% in FY25 (includes inorganic contribution of slightly more than 3%). The guidance assumes positive 1.5% forex impact on reported USD revenue. It expects GAAP operating margin to expand by 80-110bps to 15.6-15.8%. Adjusted operating margin, which excludes USD438mn of business optimization costs in FY24, is expected to expand by 10-30bps to 15.6-15.8%. It expects Q1FY25 revenue at USD16.85-17.45bn (2-6% LC range), assuming a positive 1.5% forex impact. The company expects OCF and FCF at USD9.4-10.1bn and USD8.8-9.5bn, respectively, in FY25.

Earnings Call KTAs: i) Management highlighted that the demand environment has not seen much change, and remains cautious. ACN is well positioned to capitalize on growth opportunities when market conditions improve. ii) Consulting and Managed Services are expected to grow in a low-to-mid single-digit in FY25. iii) Management highlighted that organic revenue saw an improvement in Q4 with slightly positive growth, and the trend is expected to continue in FY25. Management indicated that the top end of the guidance assumes more of the same discretionary spending environment, while the lower-end assumes further deterioration in discretionary spending over what is observed in FY24. iv) With USD1bn in new Gen AI bookings in Q4, the company has closed USD3bn bookings in FY24 and achieved USD900mn in revenue in FY24. Bookings and revenue from Gen AI are expected to register healthy growth, as clients execute large implementations. v) It has invested USD6.6bn on 46 acquisitions in FY24. It is investing into capital projects (USD440bn TAM, growing at 5%), Health (USD70bn TAM, growing at 6%), and Europe public services (USD46bn TAM, growing at 5% annually) through M&As for the next wave of growth. It plans to invest USD3bn on M&As in FY25. vi) ACN has ~57,000 skilled data and AI practitioners as against its goal of doubling its data and AI workforce, from 40,000 to 80,000 by the end of FY26. vii) It has 33/125 clients with quarterly bookings greater than USD100mn in Q4FY24/FY24, respectively.

Fortis Bannerghatta Road Performs Complex Bilateral Hip Replacement Surgery On 38-Year-Old Visually Impaired Man


-         The patient suffered from multiple co-morbidities - Diabetes, Visual Impairment, Renal Failure and was awaiting a potential kidney transplant-

Fortis Hospital, Bannerghatta Road successfully treated a 38-Year-Old visually impaired man who had sustained severe injuries, including multiple complex fractures in both hips and his shoulder, following a fall from chair while at his shop. The team of doctors’ led by Dr Mohan K. Puttaswamy, Senior Consultant Orthopaedics, Fortis Bannerghatta Road, Bengaluru performed an intricate bilateral hip replacement surgery, and the patient was discharged in stable condition after a 12-day hospital stay.

The patient, Rakesh (name changed), was visually impaired and facing challenges in performing daily tasks, suffered additional complications following the accident. The fall resulted in bilateral hip fractures and a shoulder fracture, leaving him completely immobile. Initially admitted to a local hospital after the accident, he was transferred overnight to Fortis Hospital, Bannerghatta Road for advanced treatment.

Thorough medical evaluation indicated that he had sustained severe injuries to his both hip joints and a fracture in his left shoulder. Given the patient’s multiple co-morbidities, including diabetes, renal failure, and visual impairment, a multidisciplinary team of doctors—including anaesthetists, intensivists, nephrologists, and orthopaedic surgeon—decided to proceed with a staged bilateral hip replacement surgery. The goal was to restore mobility, alleviate pain, and ensure a quicker recovery through meticulous management of his injuries.

Giving details of the surgery, Dr Mohan K Puttaswamy, Senior Consultant-Orthopaedics, Fortis Hospital, Bannerghatta Road, Bengaluru said, “This case was highly complex owing to the multiple co-morbidities suffered by the patient. These factors significantly increased the surgical risks. The patient presented with fractures in both hips and the left shoulder, necessitating a carefully planned approach. To address the bilateral hip fractures, we opted for a staged bilateral hip replacement due to the complexity and inherent risks of performing both replacements simultaneously.”

“We first replaced one hip, allowing the patient to stabilize and regain some mobility. A week later, we performed the second hip replacement. This phased approach was critical to minimizing surgical stress and ensuring the patient’s stability throughout the process. After successfully addressing the hip fractures, we then treated the shoulder fracture. Given the patient’s renal failure, we employed a conservative blood management strategy during the surgeries to reduce transfusion needs and minimize strain on the kidneys, which was essential considering his potential need for a kidney transplant in the future.” Dr Puttaswamy added

Mr. Akshay Oleti, Business Head, Fortis Hospitals, Bengaluru said, “At Fortis Hospitals, we are committed to delivering personalized, high-quality medical care. We are proud to have achieved a significant milestone with Rakesh’s case, successfully performing a complex bilateral total hip replacement surgery using advanced techniques and state-of-the-art medical technology. This accomplishment highlights our team’s expertise and innovative approach, allowing us to provide transformative treatment and make a meaningful impact on our patients' lives.”

Thursday, September 26, 2024

Turkish Technic To Provide Component Support Services For Garuda Indonesia


Turkish Technic, a leading provider of aircraft and component maintenance, repair, and overhaul (MRO) services worldwide, has recently signed a multi-year Component Support Agreement with Garuda Indonesia, the flag carrier airline of Indonesia, at the MRO Asia-Pacific event held in Singapore.

This new agreement covers the Airbus A330 and Boeing 777 fleets of Garuda Indonesia, allowing the operator to benefit from Turkish Technic’s vast inventory of components and comprehensive solution services. This agreement ensures operational excellence with complete component support for Garuda’s fleet, building on the strong foundation of this new partnership.

Regarding the agreement Mikail Akbulut, CEO and Board Member of Turkish Technic, remarked: ‘‘We are excited to expand our collaboration with Garuda Indonesia, reaffirming the strength of our partnership. Our expertise in component support services has been pivotal in securing this agreement. With our warehouses located on 4 continents, we are ready to deploy critical components swiftly, ensuring minimal downtime for Garuda’s fleet. This agreement not only reinforces our global reach but also reflects our unwavering commitment to maintaining the highest standards of service quality and operational excellence for our partners. We look forward to continuing our successful partnership with Garuda Indonesia.”

Commenting on the continuation of the partnership, Irfan Setiaputra, President & CEO of Garuda Indonesia, expressed: “We are pleased to strengthen the partnership with Turkish Technic, as it marks our long-standing commitment to deliver enhanced operations excellence through a seamless maintenance process, especially for our Airbus A330 and Boeing 777 fleets with the immense support from the expertise of Turkish Technic in component support services. As Garuda Indonesia shows a significant growth demand recently aligning with our extensive network plans, our focus solemnly refers to maintaining the highest safety standard in our fleets. Thus, the reliable services provided by Turkish Technic are believed to bolster the excellence of our flight operations preparations without any hassle.”

Operating as a one-stop MRO company with high-quality support, competitive turnaround times, and comprehensive in-house capabilities at its state-of-the-art hangars, Turkish Technic provides maintenance, repair, overhaul, engineering, modification, tailor-made component support, and reconfiguration to many domestic and international customers at five locations.

About Turkish Technic

Turkish Technic (IATP: TKT), an association of Turkish Airlines group companies (Istanbul Stock Exchange: THYAO), is one of the world’s leading aviation services providers, where comprehensive maintenance, repair, overhaul, modification, and reconfiguration services are performed with a highly qualified workforce of 10.750 staff within Istanbul Ataturk Airport, Sabiha Gokcen Airport and Istanbul Airport facilities on two separate continents. Aside from its engineering and maintenance activities, Turkish Technic supports aircraft operators and owners globally with encompassing component pooling, design, certification, and production services. For more information: visit our website or connect with us on Facebook, X, Youtube, Linkedin, and Instagram.

About Garuda Indonesia

Carrying out the mandate as the national flag carrier for more than seven decades, Garuda Indonesia committed to connecting the archipelago while carrying the nation’s image to the world stage. With a top-notch fleet and a distinctive service concept highlighting Indonesian hospitality and as a part of SkyTeam Membership, Garuda Indonesia now serves at least 35 exotic destinations in Indonesia and 15 attractive destinations worldwide. Amid its ongoing transformation into a more agile, dynamic, and profitable company, Garuda Indonesia strives to undertake various initiatives to cater to a broader range of interests, ranging from being actively involved in humanitarian and environmental missions, collaborating with potential local brands, and maintaining synergistic cooperation with strategic partners to create more added value for society. With our service value #BecauseYouMatter, Garuda Indonesia is committed to consistently creating the best experience for all passengers by providing customer-focused flight services and maintaining high service standards, including on-time performance, throughout the flight experience. From pre-flights to post-flights, Garuda Indonesia passengers will sense a genuine experience that accentuates distinctive yet authentic Indonesian.

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