Cogniac and Tech Mahindra Partner Combining AI Vision Platform and Integrated Business Insights for Enterprises Globally

SAN JOSE, Calif., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Cogniac Corporation ("Cogniac"), a San Jose, California-based provider of enterprise-class Artificial Intelligence (AI) image and video analysis, and Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, have announced a partnership to simplify AI data management, business insights, and analysis at the enterprise level enhancing productivity across manufacturing, transportation, logistics, and safety.

The partnership brings to bear Cogniac's ability to collect and process large-scale visual data in enterprise workstreams integrating Tech Mahindra's business data analysis and insights services to provide customers with a comprehensive solution to visual data collection and analysis, advanced insights, trends, and outliers. Tech Mahindra will leverage their deep domain experience and Cogniac's AI vision platform to allow customers to effectively use visual data in the manufacturing, transportation, logistics, and safety sectors, implementing AI solutions fostering growth and productivity.

"We're pleased to partner with Tech Mahindra to bring in their AI data analysis expertise to our enterprise vision platform," said Vahan Tchakerian, Chief Partnership Officer at Cogniac. "With Tech Mahindra's data synthesis capabilities, we will be able to provide necessary and relevant information to customers and enable them to make data-informed business decisions. Often the data already exists but isn't used effectively; our partnership and integration with Tech Mahindra provides the additive and valuable business insights against which customers can execute."

Rahul Bhuman, Vice President and Head of Emerging Business, Tech Mahindra – "Tech Mahindra has been at the forefront of delivering Human Centric Experiences by leveraging innovative technology solutions. In this partnership, with the combined capabilities of Tech Mahindra and Cogniac, we will help customers leverage visual data across sectors, which is currently underutilized. With an aim to deliver transformative enterprise machine solutions that are highly agile and scalable, we have re-aligned our strategy and delivery model to accelerate the customer's transformation journey, in sync with NXT.NOWTM framework."

Cogniac's scalable, no-code AI Vision Platform integrates with existing visual data collection systems in enterprise uses across a broad spectrum of sectors and industries. Bridging academic models and real-world applications, Cogniac's AI Visual Platform offers high efficacy of image and video processing while continuing to grow, learn, and become more effective through the use of Convolutional Neural Networks and Hyper Parameter Optimization.

About Cogniac

Cogniac offers the most advanced enterprise Visual Intelligence Platform. Cogniac enables businesses to realize superhuman levels of accuracy and efficiency in complex environments, from manufacturing to industrial, government to marine. Cogniac's technology maximizes the value of the newest and most abundant form of data – visual data. By deploying Convolutional Neural Networks and Hyper Parameter Optimization, Cogniac's platform achieves process performance optimization with very little technical knowledge required from human subject matter experts. For more information, visit Cogniac.ai.

About Tech Mahindra

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 5.2 billion organization with 121,900+ professionals across 90 countries helping 997 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end to end digital transformation for global customers. Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World' by Corporate Knights. With the NXT.NOW framework, Tech Mahindra aims to enhance 'Human Centric Experience' for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. We aim at delivering tomorrow's experiences today, and believe that the 'Future is Now'.

We are part of the Mahindra Group, a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world's largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.

Cogniac Press Contact:
Jordan Schmidt
Gateway Group
jordan@gatewayir.com
+1 (949) 574-3860

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The Festive Season Presented an Opportunity to Over 47.78 Lakh MSMEs in Maharashtra to Double Their Revenue

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Business Wire India
The significance of the MSME sector is evident from the government’s numerous policy initiatives to consolidate the sector domestically and in exports. Maharashtra is home to over 47.78 lakh MSMEs in the country out of which 47.60 lakh are micro enterprises. The Government of Maharashtra is also working towards providing assistance to the sector through various schemes that would affect the livelihood of 90.77 lakh people operating in the sector, helping develop the financial and managerial capabilities of the MSME entrepreneurs and creating awareness on various initiatives for local businesses in the state.
 
The Indian e-commerce market has transformed the way businesses are carried out in India, especially in the last 20 months, hand holding small businesses to leverage online platforms to access wider audiences, scale-up production, and accelerate digital transformation. The festive season, and the sales that come with it, have played an important role in increasing the output of businesses, influencing the level of economic growth, employment, and the balance of payments. During the 2021 festival season, the average spending saw an increase of 52%, while Maharashtra alone accounted for 24.5% of this. Given that Indians have a tendency to make large purchases during festivals, with the rise of ecommerce we only see this trend getting stronger in the coming years.
 
The India SME Forum (ISF) is organizing a series of briefing sessions across key markets to educate small sellers on benefits of e-commerce in enabling their recovery in a post-pandemic world, further accelerated with the onset of the festive season. Speaking on this, Mr. Vinod Kumar, President, India SME Forum, said, “For a state like Maharashtra, having the fourth-highest concentration of small businesses in the country and contributing to 8 percent of India’s 6.3 crore MSME base, it is even more vital to encourage ease of doing business and foster a business-friendly environment by leveraging the opportunities offered by online platforms. Local shops form the backbone of the retail market and e-commerce companies have been actively working on onboarding them for greater market access with innovations like converting local shops to last mile delivery centers”.
 
Mr. Dekade, Joint Director – Industries, Maharashtra, “The state of Maharashtra has introduced the CM Employment Generation Program to provide MSMEs and industries with several opportunities to avail grants and subsidies. Women are also being given incentives by the Government to support their growing businesses and endeavours.”
 
Various sellers who were a part of the panel also spoke on this. Mr. Aabha Pimprikar, Subhojyam, highlighted how the festive season brought with it a 30-40 percent hike in businesses that is expected to continue growing in the coming years. Dr. Mrinal Saraf, Shalaka Bioscience, also stressed that there is a need to create more awareness around online retail to help businesses grow and prosper.
 
Mrunalini Devraj, SIO MAITRI, was of the opinion, “The MAITRI portal falls under the directorate of industries and offers over 104 services including access to Public Works Department(PWD), grievance redressal and all departments work in harmony to resolve discrepancies faced by industries and small businesses.”

Bullish Goes Live With Institutional Customers After Obtaining Regulatory License in Gibraltar

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Business Wire India

Bullish, a blockchain-based cryptocurrency exchange, today announced the initial launch of its platform to select institutional customers, following the receipt of a distributed ledger technology (DLT) license from the Gibraltar Financial Services Commission (GFSC).

 

The invitation-only launch marked a “go live” for exchange software and operations, including customer onboarding. The inaugural batch of institutions is paving the way for a full launch which is expected to also welcome retail customers.

 

The DLT license obtained by Bullish (GI) Limited, the exchange operator, permits the exchange to offer its unique features such as Hybrid Order Book and proprietary Liquidity Pools that will underpin trading pairs on the exchange.

 

Among the first institutional participants to support Bullish are a non-U.S. affiliate of Virtu Financial (NASDAQ: VIRT), the prominent, technology-enabled, global market-making firm, and Amber Group, one of the world’s leading crypto finance service providers. “We are excited to be among Bullish’s early participants and to be working with a team that is leading the evolution of digital exchange platforms,” said Douglas Cifu, Chief Executive Officer, Virtu Financial.

 

“As a crypto native finance service provider, we look for opportunities to work with other industry leaders who are increasing accessibility and providing unique solutions,” said Tiantian Kullander, Co-Founder of Amber Group. “We’re delighted to be working with a company that will help us grow our trading and product services.”

 

Brendan Blumer, Chairman of Bullish commented: “For years, we’ve been working to develop an exchange infrastructure that’s designed to meet the needs of investors who are seeking secure exposure to digital assets on a regulated platform, and with innovative liquidity and portfolio management options stemming from an entirely new exchange architecture. Bullish is the very culmination of this work and I am very proud of our team for getting us to where we are today.”

 

Bullish Group is initially making available US$3 billion of balance sheet assets to the Bullish Liquidity Pools, which facilitate automated lending and market-making functions while maintaining a balance of the value of assets contributed during variable market conditions. Bullish Group expects to draw on its own digital assets and U.S. dollars to facilitate liquidity on the exchange and will gradually contribute these assets to the exchange’s Liquidity Pools to provide a competitive order book liquidity depth for customers.

 

At launch, the Bullish exchange’s digital assets offering comprises BTC, ETH, EOS and USDC. Bullish exchange intends to broaden its offerings in the future.

 

Bullish does not plan for its platform to be available to U.S. persons at launch and until such time as it is allowed by applicable law to onboard U.S. persons (or categories of U.S. persons) to the platform.

 

Bullish previously announced its intention to go public through a business combination with Far Peak Acquisition Corporation. (NYSE: FPAC), a special purpose acquisition company. Subject to various approvals and conditions, the merger is anticipated to close in the fourth quarter of 2021 or the first quarter of 2022.

 

About Bullish

 

Focused on developing products and services for the digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market integrity. Supported by the group’s treasury, Bullish’s new breed of exchange combines deep liquidity, automated market making and industry-leading security to increase the accessibility of digital assets for traders. Bullish exchange is operated by Bullish (GI) Limited and is regulated by the Gibraltar Financial Services Commission (GFSC) (DLT license: FSC1038FSA). For more information on the Bullish exchange, please visit bullish.com.

 

About Far Peak Acquisition Corporation

 

Far Peak Acquisition Corporation (FPAC) was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination in the financial technology, technology or financial services industries. The company is sponsored by Far Peak LLC, which is ultimately owned by Thomas W. Farley, the company’s Chairman and Chief Executive Officer, and David W. Bonanno, the company’s Chief Financial Officer. In addition, funds and accounts managed by BlackRock have made an anchor investment in the company. For more information about FPAC, please visit https://www.farpeak.com.

 

Contacts
media@bullish.com
investors@bullish.com
contact@farpeak.com

 

Forward-Looking Statements

 

This communication includes, and oral statements made from time to time by representatives of FPAC and Bullish Global may be considered, “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or FPAC’s or Bullish’s future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology. In addition, these forward-looking statements include, but are not limited to, statements regarding Bullish Global’s business strategy, cash resources, current and prospective product or services, as well as the potential market opportunity. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by FPAC and its management, and Bullish Global and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreements respecting the Business Combination; (2) the outcome of any legal proceedings that may be instituted against FPAC, Bullish or Bullish Global or others following the announcement of the Business Combination; (3) the inability to complete the Business Combination due to the failure to obtain approval of the shareholders of FPAC or to satisfy other conditions to closing; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations; (5) the ability of Bullish to meet applicable listing standards following the consummation of the Business Combination; (6) the risk that the Business Combination disrupts current plans and operations of Bullish Global as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations; (10) the possibility that Bullish may be adversely affected by other economic, business and/or competitive factors; (11) the impact of COVID-19 on Bullish Global’s business and/or the ability of the parties to complete the Business Combination; and (12) other risks and uncertainties set forth in the section entitled “Risk Factors” in the Bullish Investor Presentation dated July 2021, in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the preliminary proxy statement/prospectus included in the registration statement on Form F-4 (File No. 333-260659) (the “Registration Statement”) filed by Bullish with the U.S. Securities and Exchange Commission (the “SEC”), in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in FPAC’s IPO Prospectus dated December 2, 2020 filed with the SEC on December 3, 2020, in the section entitled “Risk Factors” in FPAC’s most-recent Quarterly Report on Form 10-Q, as well as any further risks and uncertainties to be contained in any other material filed with the SEC by Bullish or FPAC. In addition, there may be additional risks that neither FPAC or Bullish Global presently know, or that FPAC or Bullish Global currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither FPAC, Bullish nor Bullish Global undertakes any duty to update these forward-looking statements.

 

Important Information and Where to Find It

 

This document does not contain all the information that should be considered concerning the proposed Business Combination. It does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. It is not intended to form the basis of any investment decision or any other decision in respect of the proposed Business Combination. In connection with the proposed Business Combination, Bullish has filed the Registration Statement with the SEC which includes a preliminary proxy statement / prospectus with respect to the Business Combination. After the Registration Statement is declared effective, the definitive proxy statement / prospectus and other relevant documentation will be mailed to FPAC shareholders as of a record date to be established for purposes of voting on the Business Combination. FPAC shareholders and other interested persons are advised to read the preliminary proxy statement / prospectus and any amendments thereto, when available, and the definitive proxy statement / prospectus because these materials contain and will contain important information about Bullish, FPAC and the proposed transactions. Shareholders may obtain a copy of the preliminary proxy statement / prospectus and, when available, the definitive proxy statement / prospectus without charge, at the SEC’s website at http://sec.gov or by directing a request to: Far Peak Acquisition Corp., 511 6th Ave #7342, New York, NY 10011. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

 

Participants in the Solicitation

 

FPAC, Bullish, Bullish Global and their respective directors and executive officers, other members of management and employees may be considered participants in the solicitation of proxies with respect to the potential transaction described in this communication under the rules of the SEC. Information regarding persons who may, under the rules of the SEC, be deemed participants in the solicitation of the shareholders in connection with the potential transaction and a description of their interests is set forth in the preliminary proxy statement/prospectus included in the Registration Statement and will be included in the definitive proxy statement/prospectus and other relevant documents when they are filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

 

No Offer or Solicitation

 

This communication is for informational purpose only and not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Bullish or FPAC, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005576/en/

Isotrol Surpasses the 100 GW Milestone

Business Wire India

Isotrol, a company which offers technology solutions to the energy sector, has succeeded in ensuring that its systems manage more than 100 GW of installed power. This figure not only includes its solutions to optimize the participation in the wholesale energy markets, but also to efficiently manage the generation assets, which are principally renewable.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211130005566/en/

 

Beltrán Calvo, CEO, and Manuel Losada, COO, at Isotrol head office in Seville (Spain). (Photo: Isotrol)

The company has broken this record after implementing its technology in more than 450 generation plants this year, after consolidating its position in Europe, the United States and Latin America, and after entering in new markets in which it had not taken part before, such as Australia or Colombia.

 

“We are growing together with renewables and at the same time the energy transition is taking place”, explains Isotrol’s CEO, Beltrán Calvo. He conveys, “digitalization, by means of developments like ours, is crucial to achieve this change of model”.

 

For his part, Manuel Losada, COO, explains that “our technology is present from the generation to the energy commercialization, including its network integration”. As he details, this knowledge about the needs of the energy system is “a key feature that stands Isotrol out and allows us to be a long-standing technology partner”.

 

In this sense, Losada acknowledges that Isotrol does not only work with electrical companies, “which we have been accompanied for almost 40 years”, but also, he concludes that “in addition, we work with Oil and Gas companies and YieldCos, which are having a strong position in the renewable energies”.

 

About Isotrol

 

Isotrol develops technology solutions for the energy sector. It is specialized in improving the efficiency and profitability of the renewable energy plants and optimizing the participation in the wholesale energy markets. Isotrol came up as a company pioneer in monitoring and system control in 1984. Today, its systems intervene in more than 100 GW of installed power in 45 countries around the world.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211130005566/en/

CTG to Present at the Sidoti December Micro Cap Conference

BUFFALO, N.Y., Nov. 30, 2021 (GLOBE NEWSWIRE) -- CTG (NASDAQ: CTG), a leading provider of digital IT services and solutions in North America and Western Europe, today announced that Filip Gyde’, President and CEO, and John Laubacker, Executive Vice President and CFO, will participate at the Sidoti Virtual Micro Cap Conference. CTG management is scheduled to present on Wednesday, December 8 at 9:45 a.m. Eastern Time and will be available to meet with participating investors throughout the day.

A live and archived webcast of management’s presentation can be accessed by visiting the Investor Relations section on CTG’s website at investors.ctg.com. Portfolio managers and analysts can request a virtual meeting with the Company by contacting their Sidoti representative.

About CTG

CTG is a leading provider of digital transformation solutions and services that accelerate clients’ project momentum and achievement of their desired IT and business outcomes. We have earned a reputation as a faster and more reliable, results-driven partner focused on improved data-driven decision making, meaningful business performance improvements, new and enhanced customer experiences, and continuous innovation. CTG has operations in North America, South America, Western Europe, and India. The Company regularly posts news and other important information online at www.ctg.com.

Investors and Media:
John M. Laubacker, Chief Financial Officer
+1 716 887 7368

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NIIT’s Subsidiary, RPS Consulting Appoints Francis Jacob as President and Business Head

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Business Wire India

NIIT’s subsidiary, RPS Consulting announced the appointment of Francis Jacob as its President and Business Head.
 
RPS Consulting is a leading provider of training programs on emerging digital technologies for experienced technology professionals, specifically addressing the needs of Global Systems Integrators and Capability Centers of large multinational companies.
 
Francis is a senior leader with over two decades of experience in the technology sector. During these years he has performed leadership roles in global organisations such as Wipro, HP, IBM and Avaya. He has extensive experience and expertise in scaling technology and training business in India and the Asia Pacific region. In his most recent role, Francis was the Director for Oracle University for the Asia Pacific region.
 
Speaking on the appointment Sapnesh Lalla, CEO and Executive Director, NIIT Ltd. said “I heartily congratulate Francis and welcome him to the NIIT family and am confident that, together we will charter a great success story with RPS. Francis’s track record and depth of experience makes him an ideal leader to build on the great work done by the RPS team.”
 
Commenting on the development, Prasad Balakrishnan, CEO and Executive Director, RPS Consulting Pvt. Ltd. said "Both NIIT and RPS Consulting are leading names in the technology training industry. Francis brings immense thrust to our Customer Relationship Management strategy while advancing our Business Excellence Goals and help in Organisational Transformation.”
 
Speaking on joining the NIIT family as President and Business Head, RPS Consulting, Francis Jacob said, "I am excited to join RPS and the NIIT family at a time when there is war for quality technical talent in the market. With this need for continuous learning and skill development, we look forward to working with our Technology Partners to expand our footprint among the GSIs and GCC in India.”
 
NIIT Limited recently acquired 70% stake in RPS Consulting Private Limited (RPS Consulting). This acquisition creates new opportunities for NIIT and RPS Consulting to deliver innovative learning solutions in emerging digital technologies including Software Architecting and Engineering, Data Science, Cloud, Automation and DevOps, for both working professionals and new hires. The acquisition will also help NIIT expand its Managed Training Services portfolio to include technology training as a Managed Service for its global customers.

Asia Today Research and Media Felicitated the Winners of the Asian Healthcare Summit and Awards-2021 and Pandemic Bravery Awards 2021

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Business Wire India

Asia Today Research & Media organized the Asian Healthcare Summit & Awards 2021 & Pandemic Bravery Awards 2021 Ceremony at Shangri-La’s Eros, Delhi.

Health experts shared their opinion on the possibility of COVID at Asia Healthcare Summit & Awards 2021 Ceremony organized by Asia Today Research.

The eminent panelists included Shri JyotiKalash (Special Chief Secretary And Resident Commissioner, Government Of Nagaland ), Dr Vijayabhaskaran S – (Executive Director- Kauvery Hospitals, Bangalore), Dr. Mohana Rao Patibandla – (Chief Neurosurgeon - Patibandla Narayana Swamy Neurosciences LLP-Dr. Rao's Hospital), Dr. Dilip Kumar Pahari – (Chairman, Medical Institute of Kidney Diseases ), Dr. Kumar Rajesh Ranjan – (Consultant Urologist), Dr. Rajesh Vunnamatla – (Gastroenterologist), Dr. M M A Faridi (Principal, Dean & CMS - Eras Lucknow Medical College), Dr. Z Azad –(Managing Director – Medaz Hospital (Neuro & Multispeciality), Mr. Zaw Ali Khan – (CEO- Criterion Tech Private Limited).

Experts gave their suggestions regarding the coming possibility of the third wave of corona and its prevention, rapid vaccination has played an important role in controlling the speed of corona. India has made all the necessary services related to health services like ambulance, oxygen, essential medicines, and hospital-related things. Further experts talked about, the anti-inflammatory benefits of yoga and meditation can prove to be particularly beneficial for the body. Apart from this, yoga helps strengthen the immune system by making all kinds of necessary changes in the body.

The Chief Guests & Guests of Honour at the ceremony were Smt Jaya Prada (Indian Film Actress), Shri Sunil Deodhar (Hon’ble National General Secretary BJP), Smt Sunita Duggal (Member of Parliament), gave away the award to the winners which included Individuals/organizations from all across Asia.

The awards were presented to the top institutions and individuals some of them are:

SHRI. JYOTI KALASH, IAS - (ADDL. CHIEF SECRETARY & RESIDENT COMMISSIONER GOVERNMENT OF NAGALAND, NEW DELHI), DR. MUKTESH CHANDER, IPS - (SPECIAL COMMISSIONER OF DELHI POLICE TECH & IMPLEMENTATION DIV.), DR. RIDHIMA SETH (DANP/SPS) - (A.C.P. NARELA, NEW DELHI), KAUVERY HOSPITALS BANGALORE - “BEST EMERGING MULTI-SPECIALTY HOSPITAL IN INDIA”, PATIBANDLA NARAYANA SWAMY NEUROSCIENCES LLP-DR. RAO'S HOSPITAL - “BEST NEUROLOGY HOSPITAL OF THE YEAR”, DR. DILIP KUMAR PAHARI - “BEST NEPHROLOGIST OF THE YEAR”, DR. KUMAR RAJESH RANJAN - “BEST UROLOGIST OF THE YEAR-BIHAR”, DR. RAJESH VUNNAMATLA - “BEST SURGICAL GASTROENTEROLOGIST AND ADVANCED LAPAROSCOPIC SURGEON IN HYDERABAD”, ERAS LUCKNOW MEDICAL COLLEGE - “OUTSTANDING MEDICAL COLLEGE IN INDIA”, MEDAZ HOSPITAL (NEURO & MULTISPECIALITY) - “BIHAR'S NO-1 NEURO AND TRAUMA CENTRE”, CRITERION TECH PRIVATE LIMITED - “BEST IT HEALTHCARE SOLUTION PROVIDER COMPANY IN INDIA”, DR. ALKA PANDEY - “BEST GYNECOLOGIST OF THE YEAR-BIHAR”, MIART-METROMED INSTITUTE OF ADVANCED UROLOGY AND RENAL TRANSPLANT - “BEST SINGLE SPECIALITY HOSPITAL-UROLOGY IN KERALA”, THE SHAKTI PLASTIC INDUSTRIES - “MOST PROMISING RECYCLING & WASTE MANAGEMENT COMPANY OF THE YEAR”, DR. HIMANSHU SINGHAL - “MOST ADMIRED DERMATOLOGIST IN HARYANA”, PROF. DR. K JYOTHINDRA KUMAR - “OUTSTANDING DENTAL SPECIALTY TEACHER: LIFE TIME ACHIEVEMENT AWARD ”, DR. SREENATH MANIKANTI - “BEST PEDIATRICIAN IN SOUTHERN INDIA”, DR. AMIT KUMAR - “BEST ORTHOPAEDIC SURGEON IN MITHILANCHAL - BIHAR”, DR. ANUJ KUMAR BANAL – “BEST ONCOLOGIST AND HEMATOLOGIST OF THE YEAR-PUNJAB”, DR. NEERJA GUPTA - “BEST BREAST CANCER SURGEON OF THE YEAR-DELHI”, HAIRTREE HAIR TRANSPLANT & PRP CLINIC - “THE MOST RESULT ORIENTED HAIR TRANSPLANT AND PRP CLINIC”, DR MADHAVI'S ADVANCED SKIN HAIR & LASER CLINIC - “BEST SKIN CLINIC IN TELANGANA”, DR. SAURABH K GUPTA - “BEST PLASTIC AND AESTHETIC SURGEON IN DELHI-NCR”, DR. PREMA J KUMAR - “BEST DECOMPRESSION SPINE CENTER IN INDIA”, DR. PHANENDER KETHA - “BEST PULMONOLOGIST OF THE YEAR-ANDHRA PRADESH”, DR. SUDDHASATTWA SEN - “MOST PROMISING CANCER SPECIALIST OF THE YEAR”, DR. ARCHANA A – “MOST ADMIRED PULMONOLOGIST IN TELANGANA”, DR. ABHISHEK CHAUHAN - “MOST PROMISING NEUROSURGEON OF THE YEAR”, PADMA SHREE JITENDER SINGH SHUNTY - “FOUNDER-SHAHEED BHAGAT SINGH SEWA DAL”, DR. SHASHANKA CHUNDURI - “BEST INTERVENTIONAL CARDIOLOGIST OF THE YEAR-ANDHRA PRADESH”, DR. MUKESH RADHESHYAM BANG - “BEST ONCOLOGIST AND HEMATOLOGIST OF THE YEAR-MAHARASHTRA”, ADVANCED ENDOCRINE & DIABETES HOSPITAL(AED HOSPITAL) - “BEST ENDOCRINOLOGY HOSPITAL IN HYDERABAD , TELANGANA”, DR. VINOD KUMAR SHARMA - “BEST PHYSICIAN OF THE YEAR- DELHI”, DR. SURAJ UPPALAPATI - “BEST GASTROENTEROLOGIST IN HYDERABAD”, KULKARNI MEDICAL FOUNDATION PYRAMID HOSPITAL - “BEST MULTI SPECIALTY HOSPITAL IN DISTRICT PUNE- MAHARASHTRA”, DR. DEEPSHIKHA KAVYA - “BEST PSYCHIATRIST OF THE YEAR-BIHAR”, DRUGMED PHARMA - “BEST EMERGING PHARMACEUTICAL COMPANY OF THE YEAR-DELHI” , MR. ABHISHEK BHATTACHARYA - “AURA OF HOPE & JOY WELFARE SOCIETY, NEW DELHI”, SHRI BP BARNAWAL - “PERSON”, MS. SHOBHA RANA - “BEST HOLISTIC WELLNESS & MINDFULNESS COACH”, CAREWORLD TV - “BEST HEALTHCARE NEWS CHANNEL OF THE YEAR”, DR. JAYALEKSHMI - “BEST AYURVEDA RESEARCHER OF THE YEAR-KERALA”, OCTA NETWORK EXPERTS PRIVATE LIMITED - “BEST IT NETWORKING TRAINING INSTITUTE OF THE YEAR ”, DR. ANAND KUMAR DASAPPA - “MOST PROMISING CARDIOLOGIST IN KARNATAKA”, DR. PRAVIN KUMAR JHA - “BEST CARDIOLOGIST OF THE YEAR -BIHAR”, DR. JAISUKH A KALATHIA - “BEST YOUNG UROLOGIST OF THE YEAR-GUJARAT”, DR. S C BANTWAL - “BEST NEUROSURGEON OF THE YEAR- KARNATAKA”, DR. SHRUJAL SHAH - “BEST ORTHOPAEDIC SURGEON OF THE YEAR- GUJARAT”, DR. A.K. SINGH RANA - “OUTSTANDING HEALTHCARE ACHIEVER OF THE YEAR”, DR. BRAHMANANDA SATAPATHY - “BEST RADIATION ONCOLOGIST ”, DR. MOHAMMAD YOUSUF KHAN - “BEST DIABETOLOGIST OF THE YEAR- TELANGANA”, DR. GIRISH PANDEY - “BEST PHYSICIAN IN UTTAR PRADESH”, DR. AJAY PANWAR - “MOST PROMISING ORTHOPEDIC SURGEON IN NCR”, INDIAN INSTITUTE OF ART AND DESIGN (IIAD), NEW DELHI - “BEST COMMUNICATION DESIGN COLLEGE IN INDIA”, DR. DINESH SINGH - “BEST NEUROLOGIST IN MAHARASHTRA”, DR. GAJENDRA JOSHI - “HEALTHCARE YOUNG ENTREPRENEUR OF THE YEAR”, DR. GULAM GHOUSE - “BEST ENT SPECIALIST OF THE YEAR-TELANGANA”, MR. SHUBHANG ARORA - “HEALTHCARE PERSONALITY OF THE YEAR”, DR. JAY PRAKASH SINGH - “BEST LAPAROSCOPIC SURGEON OF BIHAR”, DR. AKSHAT MITTAL - “BEST DERMATOLOGIST IN MEERUT -UTTAR PRADESH”, DR. MAHESH BANDEMEGAL - “BEST SURGICAL ONCOLOGIST OF THE YEAR- KARNATAKA”, DR. SANJIV CHAMRAJ - “SENIOR NEUROLOGIST AND PARKINSON'S DISEASE AND MOVEMENT DISORDER'S SPECIALIST”, DR. RAJ PRATAP SINGH - “MOST PROMISING CARDIOLOGIST OF THE YEAR”.

VN Prasad (Vice President –Asia Today Research & Media) said, “The winners have exemplified excellence amongst their peers in respective industries and regions. By competing with the very best from their sector, winners know that their work has been evaluated by the sharpest minds in the sector and that their services and contribution have truly excelled. These awards intend to inspire others towards big achievements.”

The Asian Healthcare Summit & Awards 2021 and Pandemic Bravery Awards 2021

The Pandemic Bravery Awards were born out of a simple vision; to create an event that would honor only the very highest levels of achievement from within the worldwide Indian community; to create one of the most important events of its kind ever to be staged. Asian Healthcare Summit & Awards 2021 recognizes the contributions of individuals, groups, and organizations that have worked valiantly over the past year.

Vifor Pharma announces changes to the Executive Committee as CFO retires

https://ift.tt/3d0X4PA

Business Wire India

• Colin Bond to retire as Chief Financial Officer of Vifor Pharma Group
• Succession recruitment ongoing

 

Regulatory News:

 

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

 

Vifor Pharma Group today announced that Colin Bond, Chief Financial Officer will retire from the company by the end of December 2021 at his own request. Vifor Pharma is currently in the recruiting process for the new Chief Financial Officer, to be announced once the successor has been identified.

 

Abbas Hussain, Chief Executive Officer of Vifor Pharma, commented: "On behalf of the company I would like to thank Colin for his valuable contributions and leadership during his tenure at Vifor Pharma. For his next phase of his life I wish him all the best and satisfaction in his future endeavors.”

 

About Vifor Pharma Group
Vifor Pharma Group is a global pharmaceuticals company. It aims to become the global leader in iron deficiency, nephrology and cardio-renal therapies. The company is a partner of choice for pharmaceuticals and innovative patient-focused solutions. Vifor Pharma Group strives to help patients around the world with severe and chronic diseases lead better, healthier lives. The company develops, manufactures and markets pharmaceutical products for precision patient care. Vifor Pharma Group holds a leading position in all its core business activities and consists of the following companies: Vifor Pharma and Vifor Fresenius Medical Care Renal Pharma (a joint company with Fresenius Medical Care). Vifor Pharma Group is headquartered in Switzerland, and listed on the Swiss Stock Exchange (SIX Swiss Exchange, VIFN, ISIN: CH0364749348).

 

For more information, please visit viforpharma.com.

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005611/en/

Bajaj Finance raises Fixed Deposit interest rates, offers up to 7.05 Percent

https://ift.tt/2zaxEZA

Business Wire India


HIGHLIGHTS:

• New interest rates are applicable on fixed deposits of up to Rs. 5 crore for tenors up to 60 months
• Revised interest rates apply to new deposits and renewal of maturing deposits

Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has increased fixed deposit (FD) rates by 0.30% for tenors between 24 and 60 months.

Investors can now get up to 7.05% interest rate on all deposits up to Rs. 5 crore made on and after December 1, 2021.  These interest rates are applicable for new deposits and on the renewal of maturing deposits.

Comparison of old and revised interest rates for cumulative FD for senior citizens:
 

Tenor (months)	Previous interest rates	New interest rates (w.e.f. December 1, 2021)
12-23	5.90%	5.90%
24-35	6.35%	6.65%
36-60	6.75%	7.05%

 
As the table suggests, there’s an increase of 0.30% for FDs between 24 and 60 months. A senior citizen investing Rs. 2,00,000 for 60 months can earn returns up to Rs. 2,83,652 at maturity.

Comparison of old and revised interest rates for cumulative FD for citizens aged below 60 years:
 

Tenor (months)	Previous interest rates	New interest rates (w.e.f. December 1, 2021)
12-23	5.65%	5.65%
24-35	6.10%	6.40%
36-60	6.50%	6.80%

 
For the same tenor and deposit amount, citizens below 60 years get up to Rs. 2,80,188 on their deposit regardless of their investment mode.

Here’s a detailed look at the revised FD interest rates offered by Bajaj Finance Limited.

Rate benefits (w.e.f. December 1, 2021) for senior citizens:
 

Tenor in months	Minimum deposit (in Rs.)	Cumulative	Non-cumulative
			Monthly	Quarterly	Half-yearly	Annual
12 – 23	25,000	5.90	5.75	12 – 23	25,000	5.90
24 – 35		6.65	6.46	24 – 35	6.30	6.65
36 - 60		7.05	6.83	36 – 60	6.69	7.05

 
Rate benefits (w.e.f. December 1, 2021) for citizens aged below 60 years:
 

Tenor in months	Minimum deposit (in Rs.)	Cumulative	Non-cumulative
			Monthly	Quarterly	Half-yearly	Annual
12 – 23	25,000	5.65	5.51	5.53	5.57	5.65
24 – 35		6.40	6.22	6.25	6.30	6.40
36 - 60		6.80	6.60	6.63	6.69	6.80

 
Invest online with Bajaj Finance Fixed Deposit

With Bajaj Finance, individuals can choose to start their investment journey anywhere at any time, with an end-to-end paperless online process that enables investors to invest from the comfort of their homes. With this online FD process, it takes a few minutes to book an FD, and investors can reap the benefit of these lucrative FD interest rates easily.

Social Media Platforms Will Have To Adhere To Indian Privacy Laws Now: Tsaaro Survey

Tsaaro Conducts Survey On People's Expectations from Draft Personal Data Protection Bill 2019

Tsaaro, India's premier Data Protection as a services provider, today announced the key findings of its survey on people's expectations from the upcoming Personal Data Protection Bill 2019. The extensive study saw participation from more than 200 Privacy Professionals across Education, Healthcare, Information Technology, Banking & Finance, and other sectors. Tsaaro aimed to gather valuable insights and on that basis drafted a detailed report which depicted the stand of people on the draft of the Personal Data Protection Bill.

Over 51% of respondents said they thought the drafted Bill was at par with other global privacy laws such as the GDPR, CCPA & the PIPL. However, most of the participants recommended that the drafted Bill should provide for an independent Data Protection Authority similar to the GDPR. The drafted Bill in its current form allows for excessive Government intervention and therefore it is unlikely that the DPA will function independently.

When participants were asked whether they agree with the proposed provision of inculcating Data Localisation in reference to the organizations which are operating outside India, 70% of the participants agreed to the provision. 93% agreed that Social Media Platforms will have to adhere to Indian Privacy Laws now. A majority of the participants felt that the definition of critical data needs to be worked upon and a total of 71% of participants felt that the definition, as of now, was not up to the standard.

When asked if there should be a restriction on the number of Data Subject Requests an individual is entitled to, 69 % of participants agreed that there should be some form of limit that allows access without infringing on an individual's rights. While 76% of the respondents agreed that there should be a retrospective application of the provisions of the drafted PDP Bill. Only 10% of the participants responded that the upcoming Bill should be enacted as it is. When asked if consent should be the sole legal basis on which data may be processed, the majority of participants said no, adding that the law should allow for another legal basis on which data can be processed.

Regarding data subject rights, Tsaaro discovered that the majority of participants were worried that the drafted Bill does not guarantee the same rights to Data Subjects as privacy legislation such as the GDPR do.

Further, a majority of the participants were not satisfied that the existing data protection principles are sufficient in light of evolving technology. They felt that once the Bill is enacted there should be a given time wherein the organisation can ensure compliance and there must be a retrospective application of provisions and agreement on Data Localisation as a mandate for Social Media Platform especially to operate in India.

It was suggested that the upcoming Bill should state that in case of data breaches by public bodies they should be held liable for such a breach. Government bodies collect and processes large amounts of Personal Data and Sensitive Personal Data. Therefore they should not be exempted from complying with the provisions in the drafted Bill. In case of data access requests by public bodies, the entity subject to such a request should be obliged to inform this publicly unless the request is for crime or fraud prevention.

The majority of the participants felt that there must exist clear definitions of terms in the upcoming statute, as vague definitions create grey areas and further obstruction in the natural course.

Akarsh Singh, CEO & Co-founder, Tsaaro says, “Data Privacy is a growing concern amidst increasing number in Data Breach Incidents. The much-awaited personal data protection bill which is scheduled to be tabled in the winter session of the parliament starting today has received a mixed response. We wanted to deep-dive into the several possibilities, recommendations as well as a general overview of data privacy experts and professionals. The survey, conducted over the last 3 weeks, has been effective in bringing to light the key pain points of the industry and we hope to bring insights for people in general as well as the policy-makers to consider.”

The company aims to modernise training technologies and become a digital competence centre. The Academy is developing suitable strategies to partner with more specific and industry players to extend their services and also to provide more improvised training. The company take a pragmatic, risk-based approach to provide its clients with real-world, workable advice, guidance, and support that helps them to deal with a wide range of security and privacy-related challenges.

Bajaj Finance raises Fixed Deposit interest rates, offers up to 7.05 Percent

Business Wire India


HIGHLIGHTS:

• New interest rates are applicable on fixed deposits of up to Rs. 5 crore for tenors up to 60 months
• Revised interest rates apply to new deposits and renewal of maturing deposits

Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has increased fixed deposit (FD) rates by 0.30% for tenors between 24 and 60 months.

Investors can now get up to 7.05% interest rate on all deposits up to Rs. 5 crore made on and after December 1, 2021.  These interest rates are applicable for new deposits and on the renewal of maturing deposits.

Comparison of old and revised interest rates for cumulative FD for senior citizens:
 

Tenor (months)	Previous interest rates	New interest rates (w.e.f. December 1, 2021)
12-23	5.90%	5.90%
24-35	6.35%	6.65%
36-60	6.75%	7.05%

 
As the table suggests, there’s an increase of 0.30% for FDs between 24 and 60 months. A senior citizen investing Rs. 2,00,000 for 60 months can earn returns up to Rs. 2,83,652 at maturity.

Comparison of old and revised interest rates for cumulative FD for citizens aged below 60 years:
 

Tenor (months)	Previous interest rates	New interest rates (w.e.f. December 1, 2021)
12-23	5.65%	5.65%
24-35	6.10%	6.40%
36-60	6.50%	6.80%

 
For the same tenor and deposit amount, citizens below 60 years get up to Rs. 2,80,188 on their deposit regardless of their investment mode.

Here’s a detailed look at the revised FD interest rates offered by Bajaj Finance Limited.

Rate benefits (w.e.f. December 1, 2021) for senior citizens:
 

Tenor in months	Minimum deposit (in Rs.)	Cumulative	Non-cumulative
			Monthly	Quarterly	Half-yearly	Annual
12 – 23	25,000	5.90	5.75	12 – 23	25,000	5.90
24 – 35		6.65	6.46	24 – 35	6.30	6.65
36 - 60		7.05	6.83	36 – 60	6.69	7.05

 
Rate benefits (w.e.f. December 1, 2021) for citizens aged below 60 years:
 

Tenor in months	Minimum deposit (in Rs.)	Cumulative	Non-cumulative
			Monthly	Quarterly	Half-yearly	Annual
12 – 23	25,000	5.65	5.51	5.53	5.57	5.65
24 – 35		6.40	6.22	6.25	6.30	6.40
36 - 60		6.80	6.60	6.63	6.69	6.80

 
Invest online with Bajaj Finance Fixed Deposit

With Bajaj Finance, individuals can choose to start their investment journey anywhere at any time, with an end-to-end paperless online process that enables investors to invest from the comfort of their homes. With this online FD process, it takes a few minutes to book an FD, and investors can reap the benefit of these lucrative FD interest rates easily.