Archive: December 10, 2022

Journalism has to be independent, free from pressure and influence

Photo Credit: Solus Media

Hyderabad, December 10,. 2022:  I didn’t make Aap Ki Adalat,  the longest-running show in India’s television history to make headlines, says Rajat Sharma, India’s most-watched TV Star speaking to members of FLO at Hyatt Place in Banjara Hills on Saturday.

Addressing a hall full of FLO(FICCI Ladies Organisation)  members Rajat Sharma said ‘I am not doing show to make headlines’.  ‘I have been working with honesty’ for forty years because people have given me that responsibility. Sincerity in work is bigger than sensation, he added.

The show which completed 29 years was not a planned one. It happened in 1993 accidentally. Since then we never looked back, he shared.

Mr Rajat Sharma was in conversation with Shubhraa Maheshwari, Chairperson of Hyderabad FLO. Welcoming the gathering she said that the FLO was delighted to host him. Aap Ki Adalat is the platform for inspiration, she added.

Answering a question Mr Sharma said, I don’t see anything wrong in ‘media trail’. But for this trail only many cases were reopened and people got Justice. And he cited a few examples of Nirbhaya, Jessica Lal, including the latest Shraddha incident.

Except for one moment in life, I never feared the threats I received. It is a feel-good factor for me to pick up my children from School. Once I went to school to pick up my daughter, it was the day on which Gulshan Kumar was killed. That was when my daughter asked me ‘papa will you stop coming on TV. I am told they kill those who come on TV’. I was taken a back for a moment. Subsequently I overcame that too, he said.

There is nothing wrong in hostile takeovers he said responding to a question from

FLO member. They keep happening. The latest incident is Elan Musk taking over Twitter he said.

When asked about the media as the fourth pillar and its role, he said the media is a game of trust. I tell my colleagues in our meetings not to tell lies on camera. Viewers will know he said.

Answering another question, he said Journalism has to be independent, otherwise it will

Jeopardise democracy. People watch such news channels which are trustworthy, he added.

Replying about the future of the newspapers he said a day doesn’t start for older generation without reading newspapers. The younger generation doesn’t read newspapers much. They depend on digital news, which is not trustworthy. Those who consume digital news are half informed. Those who trust digital news will head for disaster, he said.

Rajat Sharma shared his life and struggle. In the end he urged members to be kind to poor students like him in dire need for support. If you do that, my visit to the city has more meaning to remember, he concluded. More than 200 FLO members turned up for his interaction.

Since its inception in the year 1993, Aap Ki Adalat is the longest running show in India’s television history and also known for hosting many luminaries composed of politicians, film, sports stars and controversial personalities.  The program has topped both popularity and TRP charts

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iQOO Launches A (Mis)Pronouncing Brand Film Feat. Vijay Deverakonda & Janhvi Kapoor

 Mumbai, New Delhi, 10^th December 2022: iQOO, one of India’s fastest growing smartphone brands, today launched a uniquely self-aware brand film. Conceptualized by Dentsu Creative India for the campaign ‘What’s In A Name’, the film stars Vijay Deverakonda and Janhvi Kapoor where they are taking a dig at iQOO’s eccentric brand problem – no one gets their name right. And this is despite them being India’s no. 1 smartphone brand in terms of user satisfaction. The film showcases BTS moments where they are hilariously struggling to find the correct pronunciation of the brand. The whole concept cements the fact that while the world gets their name wrong, they get one thing right – user satisfaction.

The film was created in response to a contest run by iQOO on their social media platforms where they asked users to tell how they pronounce the brand name. Most of them mispronounced it as ikku, eye kyun, IQ, IQ-double-O, ICOOOH and more.

The film will be promoted across multiple social and digital platforms.

Link to the brand film: https://www.youtube.com/watch?v=aOo_hH_X_z4

Speaking about the film, Mr. Nipun Marya, CEO, iQOO India, said, “We are excited to launch this brand pronunciation awareness film with the hope that we will build a stronger relationship and instill confidence in our consumers who are at the heart of our business. Through this, we intend to create a sense of community and cheerfulness around this common conundrum and hope that our customers will be able to proudly speak about our products and services with their family and friends.”

Speaking about the film, Ashit Chakravarty, Managing Partner, said, “It is rare for a brand to be honest and bold about how its name is frequently mispronounced. Kudos to the entire IQOO team for being bold and turning what is a unique problem into an opportunity. The idea for us was to always stay true to the story that we are India’s no. 1 smartphone brand in terms of user satisfaction, but people just don’t seem to get our name right”.

Speaking about the film, Shray Chawla, Senior Creative Director (Copy), said, “It’s funny how an internal joke can become a “self-troll” campaign if the brand is bold enough to make fun of itself. I think we found the perfect pairing in Vijay and Janhvi to bring iQOO’s story alive on screen. The story of being India’s no. 1 smartphone brand in terms of user satisfaction that often gets mispronounced as IQ, EQ, ikku, IQ-zero-zero, eye-kyun and what not. We realised that everyone has a unique way of saying iQOO and for us a brand this is not really a big problem if we can joke about it”.

Not just this, iQOO has a surprise for its consumers embedded in the brand film. This brand film will be followed by another film where Vijay and Janhvi will be exclusively presenting and unboxing the upcoming flagship smartphone – iQOO 11, but with a hilarious twist. iQOO 11 is iQOO’s upcoming premium flagship smartphone that has globally been acclaimed for some World’s first powerful and performance-oriented features. The smartphone has already created a lot of hype in the Indian market and is expected to launch in India anytime soon.

ICC organizes its 14th Mutual Fund Summit

Kolkata, 10th December 2022: Indian Chamber of Commerce (ICC) organizes its 14th Mutual Fund Summit to discuss Innovation & Investment in Wealth Creation and understanding the nuances of Wealth Management in today’s Market, through the Experts. The session witnessed valuable insights from Mr. N.S Venkatesh, Chief Executive, Association of Mutual Funds in India, Mr. Saugata Chatterjee, Co-Chief Business Officer, Nippon India Mutual Fund, Mr. Ananta Barua, Whole Time Member, SEBI, Mr. Timir Baran Chatterjee, Managing Partner & Mentor, TCN Global Economic Advisory Services and Mr. Atanu Sen, Chairman, ICC Expert Committee on BFSI.

At the initiation of the event, the Chairman of, the ICC Expert Committee on BFSI, Mr. Atanu Sen, said, “Wealth creation in India is making our country the 4th largest economy across the world. So, when we discuss equity and debt instruments, it is a difficult subject to understand, and to know the basics one needs to have a core vision of the near future. Today’s gathering will help us know the innovation and investment in mutual funds.”

Commenting on the Indian economy, corporates & capital market, the Co-Chief Business Officer, of Nippon India Mutual Fund, Mr. Saugata Chatterjee, said, “SEBI came to light after 1993 as one of the regulars for both public and private institutions. It has put a focus on disclosure and transparency. Any investments made by investors registered under SEBI have to disclose the necessary information under the equity monthly portfolio on the website. The performance of the scheme also gets disclosed. The second focus is to place the investment in the correct product, as any product which comes should be at a true level. This is measured with the riskometer. Thirdly, the focus of SEBI was to cut down the cost of mutual funds. The reason why people invest in Mutual funds is the ease of business, risk diversification, liquidity, true cost, and expertise in fund management. There are also several initiatives taken by SEBI to protect the investors’ money.”

Managing Partner & Mentor, TCN Global Economic Advisory Services, LLP, Mr. Timir Baran Chatterjee, said, ”I have identified a few critical areas in a corporation. First, cash flow management is critical because cash flow occurs throughout the year, so you should always have a strategy stock that will generate equity. Second, the most important corporate area is foreign exchange. The treasury manager must maintain a complete balance on this issue. If inflation rises, the forging exchange will suffer. Risk management and treasury management must have proper risk management measures in place. So, in order for our country’s GDP to grow until 2047, we must perform a miracle in the mutual fund industry.”

Commenting on the outlook of Mutual Funds, the Chief Executive, of the Association of Mutual Funds in India and the Guest of Honour, Mr. N.S Venkatesh, said, “If you look at the retail industry, it has nearly doubled from 10.9 billion to 20.9 billion rupees. This is due to the expansion of infrastructure. As our country grows, we must adapt to technology. Without technology, it is difficult for marketers to target the right audience, and thus technology bridges the gap to reach out across the country. Corporations can use technology to reduce production costs and generate enough money to invest in the market, resulting in the country’s growth. Mutual funds play an important role in channeling such investments. Because of mutual fund investment, the market is also witnessing the development of corporate bond markets.”

Discussing developments in Investment Management, SEBI Whole Time Member, Mr. Ananta Barua, the Chief Guest, said, “From 1991 to 2002, the market experienced a huge boom as many investors contributed significantly to the investment sector. However, due to inflation after 2002, the investment sector suffered multiple erosions, resulting in the country’s loss. In the midst of this, policymakers and business leaders were working to revitalize the Mutual Fund Industry by establishing more Mutual Funds. Following 2013, there was a significant increase in infrastructure development, which changed the outlook for our country. AI and machine learning have aided us in becoming the world’s largest manufacturing industry.”

Commenting on the gap in understanding to create wealth, Head of Retail Sales at Aditya Birla Sun Life, Mr Bhavdeep Bhatt, said, “Pertaining to short-term investments for a duration of 2 years, the average SIP returns on income fund and equity fund are almost the same. It takes a span of 6-7 years of continued SIP for investors to realise superior wealth creation in reality. Continuously invest in SIPs for long-term to benefit from the power of equity and compounding. Key retail behaviours that cause a gap between investment return and actual investor return are trying to time the market, chasing hot funds on short-term basis, attempting to direct equity investing and trying to invest without proper advisory support.”

MOU signed between MB Power and SECL for backfilling of abandoned mine with fly ash

Anuppur,  An MOU was signed on 7.12.2022 between SECL and MB Power to backfill an abandoned mine with fly ash in the Jamuna-Kotma area. Mr. Basanta Kumar Mishra, COO and Plant Head, MB Power, and Mr. Harjit Singh, General Manager (Operations) signed this agreement in the presence of Mr. Sanjiv Mehra, Regional Officer, MP Pollution Control Board and Mr. Sudhir Kumar, General Manager, SECL, Jamuna-Kotma. MR. Ajit Chopde, Head (of O&M), Mr. RK Khatana, Head of Site Human Resources and Administration, and Mr. Bhola Kushwaha, Head of Environment, MB Power were also present during the event.

MB Power’s initiative to backfill abandoned mines under strict rules and regulations started in 2017. With key support from Mr. Sanjiv Mehra and SECL management, MB Power has received permission to backfill two abandoned mines. This is a major initiative to reclaim land for future human use. MB Power is dedicated to 100% fly ash utilization and has been successful in achieving this target for the past 5 years. Fly ash generated in the power production process is used in ash bricks, cement production, ready-mix concrete, road-flyover construction, geo-polymer-based materials, barrage construction, backfilling of low-lying areas, abandoned mines, and reclamation of land for agricultural use.

60 % of fly ash generated from MB Power Plant is supplied to Cement factories, and the rest is used in bricks and block manufacturing industries, backfilling of low-lying areas, and abandoned mines. Backfilling with fly ash is performed with due permission from the MP Pollution Control Board under strict rules and regulations. It is conducted under strict monitoring of the pollution board. Low-lying areas in villages Laharpur, Guwari, Chhulha, Jaithari, Jamudi, Paraswar, Rajendragram, Dhangawan, Bakahi, Sakra, etc., have been backfilled with permission and under strict monitoring. Reclamation of land with fly ash not only creates land for human use but also checks the threat of accidents for human pollution and cattle. MB Power Management appreciates the support of Mr. Sanjeev Mehra in getting permission for the filling of the above mine and expresses its gratitude to him.

Spark Minda inaugurates the 28thplant in India

Bangalore, December 2022: Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda inaugurated the state-of-the-art Wiring Harness plant in Chakan, Pune. The new Greenfield facility takes the count of plants across the country to 28.

Speaking at the inauguration ceremony, Mr. Ashok Minda, Chairman, and Group CEO, said, “Spark Minda has come a long way since the establishment of the group in 1958. Customer centricity has always been at the heart of what we do as we collectively work towards pursuing excellence with the intent of providing the best to our customers. Our evolving technological know-how coupled with experience in the sector has helped us stay ahead of the curve by providing holistic solutions to befit them.”

“This new-age, state-of-the-art plant facility will lead the change. Focusing on zero-defect products, this plant will reset benchmarking on multiple manufacturing parameters, setting the bar higher,” he added.

The plant is a greenfield facility capable of generating 100% solar power which will further enrich Spark Minda’s focus on sustainability and ESG parameters.

Spread across 1.90 lakhs square feet, the factory is equipped with advanced machines backed by cutting-edge technology.

The other Wiring Harness plants are located in Pune, Pillaipakkam, Kakkalur, Mysore, Murbad, Greater NOIDA, Pithampur, Haridwar, and Vietnam.