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SPJIMR launches LiFE programme for women in business families, invites applications

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Chennai:    Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) Centre for Family Business & Entrepreneurship (CFBE) invites applications for its Ladies in Family Enterprise (LiFE) programme. LiFE is an enriching short-term programme which seeks to nurture and empower women from business families with little or no experience in the business currently. They can be related to owner/s either as wives, daughters-in-law, mothers or daughters.    LiFE is a four-month programme where sessions are conducted twice a week in a hybrid mode (both offline/online). It aims to build a basic understanding of the business and the family, and the inter-relationship between the two. It also helps women to explore their own role in the family business or start a new entrepreneurial venture supported by family and networks. Sessions are led by experienced academicians, industry experts and alumni. The flexible programme structure allows participants to ...

Bank of India Pays Dividend of Rs. 935.44 crores to Government of India

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Bank of India handed over dividend cheque of Rs. 935.44 crores for the financial year 2023-24 to Government of India on 10th July 2024. The dividend cheque was presented by Shri Rajneesh Karnatak, Managing Director & CEO and all the four Executive Directors of Bank of India to Honourable Finance Minister Smt. Nirmala Sitharaman in the presence of Shri Bhushan Kumar Sinha, Govt. Nominee Director of Bank of India. Bank of India had declared dividend of Rs.2.80 per equity share (28%) for the financial year 2023-24. For the full year 2023-24, Bank of India’s net profit jumped by 57%, which went up from Rs. 4,023 crores in FY23 to Rs. 6,318 crores for FY24. By successfully paying dividends to the Government of India, Bank of India reaffirms its robust financial performance and unwavering dedication to creating value for its shareholders. This accomplishment stands as a testament to the bank's commitment to excellence and its ability to generate consistent returns.

10th Annual Sustainable Water Management Conclave

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Photo - From L to R:   Raveendra Bhat (Area Sales Director- INDO Region, Water Utility Grundfos); Anwen (Sr. Marketing  Executive); Anitha K.Sharma (Royal Danish Embassy at India); Vikalp Gupta (Royal Danish Embassy at India); Sachin Singh (Product Application Specialist); Scott Byfield (Global Business Development Team, Grundfos)   Grundfos , a global leader in intelligent and energy-efficient pumping solutions, is proud to announce the successful completion of the ‘10th Annual Sustainable Water Management Conclave.’ This convention emphasised the transforming potential within smart technologies in water management that can help address the pressing issues of water scarcity and its quality across the nation.   The conclave brought together government officials from the Ministry of Jal Shakthi and industry experts, including policymakers, water-tech leaders, and international diplomats, providing a platform for a vibrant discussion about sustainable water managem...

Godrej Consumer Products introduces patented India’s first indigenously developed mosquito repellent molecule in Goodknight liquid vapouriser

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India has achieved a ground breaking scientific milestone in the fight against mosquito-borne diseases. Scientists at Godrej Consumer Products Ltd (GCPL), along with its partner, has developed 'Renofluthrin' – India’s first indigenously developed and patented molecule which makes the most efficacious liquid vapouriser formulation for mosquito control. The formulations made of Renofluthrin is 2X more effective against mosquitoes, compared to any other registered formulation in liquid vapouriser format currently available in India. Rigorous testing and approval by the Central Insecticide Board and Registration Committee (CIB&RC) underscore its efficacy and safety. GCPL, which is the leader in household insecticides category, is introducing the Renofluthrin formulation in its new Goodknight Flash liquid vapouriser which is India’s most efficacious liquid vapouriser. GCPL has always pioneered launching safe and effective new molecule formulations. Thus, GCPL and its partn...

Great Lakes Institute of Management Secures FSSAI's Eat Right Campus Certification with Compass Group India

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Great Lakes Institute of Management, Chennai, is proud to announce its esteemed recognition with the Eat Right Campus (ERC) Certification conferred by the Food Safety and Standards Authority of India (FSSAI). This achievement was made possible through the diligent partnership with Chartwell – Compass Group India, marking a significant milestone in their ongoing commitment to promoting safe, healthy, and sustainable food practices on campus. The Eat Right Campus initiative, led by FSSAI, aims to foster a culture of food safety and nutrition across educational institutions in India. This certification underscores the Great Lakes Institute of Management's dedication to providing its students and staff with meals that are not only safe and nutritious but also of the highest quality, thereby positively impacting their overall well-being. Chartwells by Compass Group India, the food service partner for Great Lakes Institute of Management, acted as a catalyst in securing this certifica...

Survey by BCT Digital and Chartis Research: Over 72% of Financial Institutions plan to invest heavily in ESG Technology

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Chennai, July 11, 2024 : BCT Digital , a global digital transformation company delivering FinTech, RegTech, and SustainTech solutions, in collaboration with Chartis Research, has published the findings of their extensive ESG and Climate Risk Survey. Titled ‘Chartis Market View: ESG and Climate Risk Survey’, it analyzes how global financial institutions are integrating ESG and climate risk factors into their risk management and investment decision-making processes.   The survey captured insights from 77 ESG and climate risk practitioners representing financial institutions with assets under management ranging from $1 bn to $500 bn based in the APAC , North America, Europe and the MENA region. It is found that over 72% of global financial institutions plan to spend upto $500,000 or more on ESG technology. In this bid, over half of global financial institutions feel keeping up with changing regulations as the biggest ESG-related challenge.   Key findings : Most firms revie...

Amazon meets 100% renewable energy goal seven years early

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India, July 10, 2024: In 2019, Amazon set a goal to match all of the electricity consumed across its global operations – including data centers, corporate buildings, grocery stores and fulfillment centers – with 100% renewable energy by 2030. Today, Amazon announced that it has met the goal seven years ahead of schedule. The company has now become the largest corporate purchaser of renewable energy in the world for four years running (since 2020), according to Bloomberg New Energy Finance, and has invested billions of dollars in more than 500 solar and wind projects globally.   Kara Hurst, Chief Sustainability Officer at Amazon said, “Reaching the renewable energy goal is an incredible achievement, and we’re proud of the work we’ve done to get here, seven years early. We also know that this is just a moment in time, and Amazon’s work to decarbonize its operations will not always be the same each year—we’ll continue to make progress, while also constantly evolving on our path to...