Tuesday, January 28, 2025

WeAct Forum: Empowering Rural Women Entrepreneurs Across India


WeAct (Women Entrepreneurs Access Connect Transform), a pioneering initiative launched by the Entrepreneurship Development Institute of India (EDII), Ahmedabad, in collaboration with Accenture, is revolutionizing women’s entrepreneurship in rural India. Tailored for nano- and micro-entrepreneurs, the WeAct Forum provides a comprehensive framework that empowers rural women to thrive in every phase of their entrepreneurial journey. By fostering economic independence and sustainable business practices, WeAct is making a profound impact on rural regions across the nation.

WeAct is designed to address the unique challenges faced by rural women entrepreneurs by providing targeted support through its five foundational pillars: Business Development, Product Development, Market Access, Access to Finance, and Networking. Since its inception, WeAct has empowered over 18,000+ rural women entrepreneurs, positively impacting the lives of 50,000+ individuals across 17 states and two union territories. This complex approach equips women with the tools, resources, and confidence to succeed in competitive markets, fostering resilience and growth in rural economies.

The opening of the WeAct Emporium at the EDII campus in Ahmedabad on December 4, 2021, marked a major milestone in the history of WeAct. It represented a confluence of dreams and possibilities. The Emporium serves a vibrant marketplace featuring products from various categories such as Food & Agro, Handloom & Handicraft, and Household Supplies.

The Unnati Mentorship Programme, a hallmark of WeAct, pairs rural women entrepreneurs with Accenture Managing Directing professionals, offering guidance in key areas such as business setup, branding, and product positioning. The programme spans 11 states, including Karnataka, Andhra Pradesh, Assam, and Maharashtra, with 21 enterprises.

Additionally, WeAct has introduced Digital and Financial Literacy workshops to bridge the digital divide. These initiatives empower entrepreneurs to leverage social media for marketing, understand government financial schemes, and maintain accurate bookkeeping. Over 300 digital and financial literacy classes have been conducted, enabling 15,000+ participants to expand their reach and establish a stronger market presence. 

The impact of WeAct is best reflected in the stories of entrepreneurs it has empowered. One such example is Mrs. Praseetha, a 21-year-old entrepreneur from Annamanada, Kerala, who started a household product manufacturing business. With mentorship and networking support, she expanded her reach to Tier 2 cities, exemplifying WeAct’s role in fostering sustainable growth.

WeAct’s support extends beyond traditional entrepreneurship training. The forum has organized over 350+ Energizer Workshops for more than 17,000+ rural women entrepreneurs on critical topics such as GST registration, provided hands-on assistance in resolving 300+ statutory complaints for 6000+ entrepreneurs, developed 50+ websites for 50+ enterprises to enhance digital presence, and onboarded over 200+ Businesses onto e-commerce platforms, to ensure effective scaling.

WeAct continues to set a benchmark for institutional support in rural entrepreneurship. By onboarding over 1,00,000+ entrepreneurs into the technology-driven platform and creating a sustainable ecosystem it provides women entrepreneurs with access to essential resources, it catalyzing transformative growth across rural India. The ripple effect of these efforts is inspires countless others to embark on their entrepreneurial journeys, driving inclusive and sustainable development.  

Supriya Lifescience Q3FY25 PAT Jumps 57% YoY To Rs 46.78 Crore


The unaudited financial statements for the Q3FY25 results have been released by Supriya Lifescience Ltd., a cGMP-compliant business with a strong track record in API manufacturing and a focus on products from a variety of therapeutic segments, including anti-histamine, anti-allergic, vitamin, anaesthetic, and anti-asthmatic. The company has spread its business in more than 86 countries across the globe.

Key Highlights for Q3 FY25:

In the third quarter of FY25, Supriya Lifescience Ltd. witnessed remarkable growth in its revenue, reporting a 33% year-over-year increase, reaching Rs. 185.65 crore compared to Rs. 140.07 crore in Q3 FY24.

Gross Profit for Q3 FY25 stood at Rs. 123.87 crore, with a growth of 45% compared to Rs. 85.45 crore in Q3 FY24.

EBITDA for Q3 FY25 stood at Rs. 65.95 crore, with an EBITDA Margin of 35.50%, as opposed to an EBITDA of Rs. 41.49 crore in Q3 FY24 with an EBITDA margin of 29.60%. This marks an improvement of 591 bps YoY.

The Profit After Tax (PAT) increased by 57% for Q3 FY25 to Rs 46.78 crore, compared to Rs 29.78  crore in Q3 FY24.

The PAT Margin stood at 25.2% in Q3 FY25, compared to 21.30% in Q3 FY24.

Dr. Satish Wagh, Chairman and Whole Time Director, Supriya Lifescience Ltd, commenting on the results, said, “Our Q3FY25 results underscore Supriya Lifescience’s commitment to delivering value through operational excellence and strategic growth initiatives. The 33% year-over-year revenue growth and a remarkable 45% surge in gross profit reflect our strong market presence and efficient execution across therapeutic segments. The steady improvement in our EBITDA and PAT margins, reaching 35% and 25% respectively, highlights our ability to maintain profitability while investing in sustainable growth."

Monday, January 27, 2025

Philip Morris International’s India Affiliate Appoints Kingshuk Das As Director- People & Culture

Philip Morris International (PMI)’s India affiliate IPM India announced the appointment of Kingshuk Das as Director- People & Culture, effective January 1, 2025. With over 16 years of experience, he brings a wealth of expertise in strategic and operation HR, driving sustainable and inclusive growth, pivotal to IPM India’s transformational journey.

PMI has recently been featured among top 10 companies in the WSJ Management Top 250 Annual Company Ranking. In addition, IPM India is an Equal Salary certified organization and has received the Great Place to Work and Top Employer certifications for three & five years, respectively.

Kingshuk’s association with PMI began in 2012. Over the years, he moved across roles- People & Culture commercial in India, Talent Management in Hongkong, People & Culture Commercial role in Australia. In his last role, he was partnering the Global Operations organization, at Philip Morris Operational Centre, Switzerland.

Commenting on the appointment, Navaneel Kar, Managing Director, IPM India said, “Kingshuk has deep understanding of our business and applies this knowledge to the people and culture solutions he delivers. He is curious and intellectual, full of energy and enthusiasm, with a strong hunger for learning. With his experience working across markets, Kingshuk will bring a valuable perspective to this role. His entrepreneurial spirit and commitment to continuous learning makes him ideal to lead the next phase of growth for our India business & achieve our strategic objectives.” 

Kingshuk Das, Director - People & Culture, IPM India said, “I am excited to join the new role at this interesting phase of the organization and contribute to its growth & success. My passion lies in people-centric leadership along with elevating employee experience and fostering a dynamic culture of growth and innovation. I'm delighted to be a part of IPM India, where values like agility, collaboration, employee well-being, shape the ethos and culture of the organization.”

Beyond work, Kingshuk likes to spend his free time developing his culinary skills by exploring new recipes. He also enjoys going for long hikes to experience nature.  

About IPM India Wholesale Trading Private Limited 

IPM India Wholesale Trading Private Limited is a joint venture between Philip Morris Brands Sarl of Switzerland and two Indian partners, Godfrey Phillips India Limited (GPI) and K.K. Modi Investment & Financial Services Private Limited.

Landmark MoU Between Apollo Hospitals And Mayapada Healthcare To Boost Medical Excellence In Indonesia


·         MoU signed in the presence of the Hon’ble Minister of health, Government of Indonesia, Mr. Budi Gunadi Sadikin

Apollo Hospitals Enterprise Limited (AHEL), one of Asia’s leading integrated healthcare providers, has signed a significant Memorandum of Understanding (MoU) with Mayapada Healthcare Group, Indonesia. The partnership is set to transform the region’s healthcare landscape by enhancing medical capabilities, clinical programs, and operational excellence.

The MoU was signed in the esteemed presence of the Hon’ble Minister of Health, Government of Indonesia, Mr. Budi Gunadi Sadikin, reaffirming both organizations’ commitment to improving healthcare delivery in Indonesia and the surrounding region.

Through this collaboration, Apollo Hospitals will provide management expertise and operational services for Mayapada Healthcare’s upcoming hospital in Batam, Indonesia. The agreement also includes the exchange of clinical knowledge and program development in specialized fields such as oncology, cardiology, neurology, and transplant surgery.

Both organizations will leverage advanced technologies like Tele-Radiology, E-ICU, and Artificial Intelligence (AI) programs to enhance patient care and accessibility. Training programs for doctors and nurses will focus on evidence-based practices, specialized care, and advanced medical techniques. Apollo Hospitals plans to deploy up to 1,000 specialists, including doctors, nurses, and technicians, to support Mayapada Healthcare’s facilities.

The collaboration will also promote online education for healthcare professionals through Apollo’s Medvarsity platform and initiate a Double Degree Nursing Program, providing Indonesian healthcare professionals with global exposure. Additionally, Mayapada Healthcare and Apollo Hospitals will jointly conduct Continuing Medical Education (CME) programs and host international healthcare events to foster professional development.

Dr. Prathap C. Reddy, Founder and Chairman, Apollo Hospitals, said, "This partnership marks a significant milestone in our journey to extend world-class healthcare services beyond India. By collaborating with Mayapada Healthcare Group, we aim to bring our clinical expertise, advanced technologies, and best practices to Indonesia. Together, we aspire to build a robust healthcare ecosystem that empowers people with access to quality care and improved outcomes."

Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals, said, “At Apollo Hospitals, we believe in building strong global partnerships to ensure that healthcare innovation transcends borders. Through this MoU with Mayapada Healthcare, we are committed to creating a strong foundation for excellence in healthcare delivery in Indonesia, introducing cutting-edge programs, and enabling knowledge transfer to empower healthcare professionals."

Mr. Jonathan Tahir, Chairman and Group CEO, Mayapada Healthcare Group, said, "We are delighted to partner with Apollo Hospitals, a globally renowned leader in healthcare. This collaboration aligns with our vision to redefine healthcare standards in Indonesia. Together, we will not only enhance our operational capabilities but also provide our patients access to advanced treatments, innovative technologies, and a network of skilled healthcare professionals."

This collaboration marks a new chapter in healthcare for Indonesia, driving knowledge sharing, technological innovation, and improved access to high-quality services.

TKM, B.L.D.E.A's V.P. Dr.P.G.Halakatti College Of Engg And Tech Signs MoU To Establish 26th Centre of Excellence For Skill Development


* Strengthening commitment to India’s 'Skill India Mission' by fostering grassroots skill development

As part of its continuous efforts to bridge the gap between industry and academia, Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MoU) with B.L.D.E.A's V.P. Dr.P.G.Halakatti College of Engineering and Technology to establish a Centre of Excellence (CoE) on campus. This initiative aims to equip students with practical knowledge and technical expertise in engines, powertrains, and their functionalities. By aligning academic learning with real-world industry demands, TKM aims to foster innovation, drive skill development, and prepare a future-ready workforce capable of addressing the evolving needs of the automotive sector.

The inauguration ceremony was graced by Hon’ble Minister for Industries, Government of Karnataka, Dr. M. B. Patil, Dr. V. G. Sangam, Principal - BLDEA's V.P. Dr. P.G. Halakatti College of Engineering along with Mr. Sudeep S Dalvi, Chief Communication Officer, Senior Vice President & Head State Affairs, and other senior officials.

Guided by Toyota’s global philosophy of excellence, the CoE is designed to provide students with immersive, hands-on training in automotive technology. The CoE will feature cut-section models of Toyota engines, transmissions, and powertrain components, along with do-it-yourself setups, enabling students to assemble and disassemble these systems while gaining in-depth knowledge of automotive mechanisms. To further enhance academic research and practical learning, TKM will equip the facility with advanced engine, transmission, and powertrain cut sections.

In addition, TKM will also organize extensive training programs for both teachers and students, equipping them with the latest knowledge and skills in automotive technology. The Center of Excellence (CoE) will feature a meticulously designed curriculum supported by expert trainers, cutting-edge facilities, and advanced equipment to deliver industry-leading skill education. To further enhance learning, comprehensive manuals will be provided to ensure clarity and in-depth understanding of complex concepts. Additionally, the initiative places a strong emphasis on faculty capability development, empowering educators with the necessary tools and expertise to impart high-quality training. This holistic approach reaffirms TKM’s commitment to fostering innovation, equipping students with industry-relevant skills, and nurturing a highly proficient workforce ready to meet the demands of the ever-evolving automotive industry.

Commenting on Toyota’s support in developing world-class infrastructure and skill programs, Dr. M. B.  Patil, Hon’ble Minister for Industries, Government of Karnataka said, “It is indeed a moment of pride to witness this collaboration between Toyota Kirloskar Motor and B.L.D.E.A's V.P. Dr. P.G. Halakatti College of Engineering and Technology to establish a state-of-the-art Centre of Excellence. This initiative is a testament to Toyota's unwavering commitment to fostering skill development and empowering the youth of Karnataka. By nurturing grassroots talent, initiatives like these not only uplift individual communities but also contribute to building a sustainable and self-reliant nation. I commend Toyota Kirloskar Motor for their vision and dedication to creating a robust ecosystem of learning and excellence and look forward to seeing the transformative impact this Centre of Excellence will have on students and the industry alike.”

Speaking on the occasion, Mr. Sudeep Dalvi, Chief Communication Officer, Senior Vice President & Head State Affairs - Toyota Kirloskar Motor said, “At Toyota Kirloskar Motor, our core belief is that the foundation of a strong and sustainable automotive ecosystem lies in the development of skilled talent. This partnership with BLD Engineering College to establish a Centre of Excellence is yet another step in our commitment to fostering grassroots-level skill development in line with the nation’s 'Skill India Mission.' This initiative goes beyond technical education—it is about nurturing a mindset for quality, innovation, and excellence that aligns with Toyota’s global philosophy. By creating a robust ecosystem of learning with expert trainers, state-of-the-art facilities, and a well-structured curriculum, we hope to inspire and empower the next generation to meet the demands of a rapidly evolving industry. Through such endeavours, we reaffirm our long-standing commitment to contributing to India’s vision of self-reliance, while also preparing the youth for the exciting opportunities that lie ahead in the automotive industry."

Over its 25-year journey in India, TKM has consistently championed skill development initiatives, ensuring that the rapidly growing manufacturing sector is equipped with a trained workforce.  The establishment of the CoE at B.L.D.E.A's V.P. Dr.P.G.Halakatti College of Engineering and Technology, Vijayapura is another significant step towards bridging the skill gap and building a sustainable future for India’s automotive industry. Looking ahead, TKM envisions fostering the next generation of engineers through the establishment CoE in various educational institutions across Karnataka. Through such initiatives, TKM aims to uphold its legacy of fostering innovation, quality, and self-reliance, empowering India’s youth with the skills required to thrive in a rapidly evolving industrial landscape.

Samsung Galaxy S25 Series Will Include At Least 50% Recycled Cobalt


* For The First Time in Galaxy History, the Battery of the Galaxy S25 Model Will Be Made With Recycled Cobalt Sourced From Previously Used Galaxy Smartphones

Following Galaxy Unpacked 2025, Samsung Electronics held its Galaxy Tech Forum event on January 23 in San Jose, California. Tech leaders and experts from around the world discussed the future of AI at Blanco, an Urban Venue, a three-story space located in the heart of Silicon Valley that blends historic architecture with a modern white design.

Samsung Newsroom visited the first Galaxy Tech Forum session, titled “How Mobile Technology Can Accelerate a Sustainable Future,” to learn about Samsung’s mobile innovations and partnerships that are contributing to a brighter tomorrow.

Samsung is committed to accelerating a sustainable future for both people and the planet.

Despite the numerous benefits offered to modern society, the rapid growth of the mobile industry has also brought significant environmental challenges. To address those challenges, Samsung has made the actualization of a sustainable future a cornerstone of the company’s vision for mobile devices.

“We’ve made significant progress in fostering sustainable practices throughout our product lifecycle and this is only possible through open collaboration with like-minded partners. And there is even more to come,” said Daniel Araujo, Head of Sustainability Management Office, Mobile eXperience Business at Samsung Electronics.

“Each device of the S25 series will include at least 50% recycled cobalt, and for the first time in Galaxy history, the battery of the S25 model will be made with recycled cobalt sourced from previously used Galaxy smartphones,” he continued, highlighting Samsung’s advancements in product circularity.

Leveraging Galaxy Camera Technology To Restore Vital Marine Ecosystems

Since the launch of the Galaxy S22 series in 2022, Samsung has incorporated over 150 tonnes of discarded fishing nets — equivalent to the weight of 15 million plastic water bottles — into Galaxy products. Along the way, the company has recognized the critical threat ocean-bound plastic poses to coral reefs and has taken a leading role in restoration efforts through strategic partnerships.

Dr. Stuart Sandin, a professor at the Scripps Institution of Oceanography, University of California San Diego said coral reefs are home to a quarter of all marine life, and over half a billion people depend on reefs for food, income and protection from storms and erosion. He added that with more than 50% of the world’s coral reefs already lost and ocean-bound plastic threatening the remaining marine ecosystems, new restoration methods using mobile technology are gaining traction.

“We partnered with Samsung because of our shared commitment to innovation and collaboration.

Our optimistic and technology-forward approach is contributing to new solutions for coral reef

restoration,” said Michael Stewart, co-founder of Seatrees — a nonprofit dedicated to protecting marine ecosystems. His announcement of the organization’s partnership with Samsung was followed by a trailer for an upcoming documentary about the collaborative efforts between the companies.

Araujo explained that to support Seatrees’ efforts, Samsung developed Ocean Mode[1] — a new camera setting that optimizes underwater photography on the Galaxy S24 Ultra. He discussed how the feature will provide valuable visual data that can be used to 3D map coral reefs to aid efforts for their restoration. The panelists acknowledged that mobile technology is making environmental conservation more accessible since high-quality data can now be collected with lightweight, user-friendly smartphones.

The Sustainability session provided an in-depth exploration of how mobile technology can address environmental and social challenges. Samsung’s unwavering commitment to innovation and sustainability is paving the way for meaningful change on a global scale.

Samsung hosted the Galaxy Tech Forum on January 23 in San Jose, California. The panels provided an in-depth exploration of Samsung’s AI innovations and the challenges they address across four key areas — Sustainability, Health AI, Galaxy AI and Home AI. During the Sustainability session, experts explored how Samsung's forward-thinking technology and strategic collaborations are building a more sustainable future.

The forum was organized into four sessions — Sustainability, Health AI, Galaxy AI and Home AI, — each addressing the transformative changes and challenges innovation will bring to these areas. With around 100 media representatives and industry professionals in attendance, the panels centered on the disruptive potential of AI and offered blueprints for future technologies across various sectors.

Photo Caption: (From left to right) Tamara Gondo, Michael Stewart, Dr. Stuart Sandin, Daniel Araujo and Cassie Smith.

Introducing Starlight Bar: Your Friendly Neighborhood Watering Hole In Sahakar Nagar




In the heart of Sahakar Nagar, a new star has emerged on the wine & dine scene. Starlight Bar, the latest offering from Shilton Hospitality, promises to be the go-to destination for those seeking a casual, affordable, and enjoyable drinking experience.

Located in a convenient spot, Starlight Bar is designed to be a friendly neighborhood bar where patrons can drop by any day of the week to unwind with a drink. The brainchild of Shilton Hospitality, Starlight Bar aims to fill the gap in the market for a laid-back, no-fuss bar that serves solid drinks and good food at great prices.

A Haven for Budget-Conscious Patrons

At Starlight Bar, the focus is on simplicity and affordability. The bar offers a wide range of drinks, including beers, IMFL, and cocktails, at unbeatable prices. Whether you're a beer aficionado or a cocktail connoisseur, Starlight Bar has something for everyone.

But what really sets Starlight Bar apart is its commitment to affordability. In an era where bars and pubs are increasingly pricey, Starlight Bar is a breath of fresh air. As Mr. Rajanish Babu, COO at Shilton Hospitality, notes, "Starlight Sahakar Nagar is all about affordability and comfort – a place where you can drop by any day of the week for a drink without worrying about the bill."

Delicious Bar Snacks and Comfort Food

No bar experience is complete without delicious food to accompany your drinks. At Starlight Bar, the menu features a range of tasty bar snacks and comfort food that are sure to hit the spot. From classic natti bar bites to more substantial comfort food options, there's something for every palate and preference.

A Welcoming Atmosphere

At Starlight Bar, the atmosphere is relaxed and welcoming. The bar's no-nonsense, friendly vibes make it the perfect spot to catch up with friends, watch a game, or simply unwind after a long day. As one satisfied customer, Ramesh, notes, "I've been to Starlight Bar a few times, and I love the laid-back atmosphere. The prices are great, the food is delicious, and the staff is always friendly. It's my go-to spot for a casual drink with friends."

Convenient Location

Located in the heart of Sahakar Nagar, Starlight Bar is easily accessible by public transport or ride-hailing services. The bar's convenient location makes it an ideal spot for those living or working in the area.

With its focus on affordability, delicious food, and welcoming atmosphere, Starlight is the perfect spot for anyone looking for a casual, no-fuss drinking experience. Whether you're a local resident or just visiting the area, Starlight Bar is definitely worth checking out. So why not drop by and experience it for yourself?

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