Archive: January 7, 2023

Business

TFMC’s Handloom Mela promoting Handloom Monday in IT offices is back

Jan 7, 2023 by Sujata Muguda 0 Comments

Seen are IT Employees at one of the Handloom Mela organsied by TFMC in the past

Hyderabad, January 07, 2023…..TFMC (Telangana Facilities Management Council)’s Handloom Mela promoting Handloom Monday in IT offices is back. The 20th edition of the mela will be held at Ground Floor Food Court, GALAXY, Opp IKEA, Next to T-Hub, Knowledge City Raidurg, Hyderabad from 10th January till 12th January for about 3 days.

It will display Gadwal Pochampally, Siddipet, IKKAT Pattu Sarees, Handicraft Products, Handloom Kurtas, and many more. It will be open all three days during office hours. About 5000 IT employees and others are expected to visit the mela in the three days.

TFMC aims to organise 11 melas in the year 2023. And reach about 4 lahks, IT employees. Through these meals, we will help the Handloom Sector sell clothes worth Rs 4 crore, informed Mr. Satyanarayana Mathala, President of TFMC in a press note issued in the city today. We would like to organise one Handloom Mela in every IT Park.

Organising Handloom Melas in IT offices, facilities and Parks was an initiative TFMC embarked in the year 2017. Since then, barring two years of the corona, five lakh IT employees were reached and awareness for handloom textiles was created. Almost all Meals were a huge hit with IT employees, added Satya.

Handloom Monday was a call given by Mr. K.T. Rama Rao, Minister for IT, Govt of Telangana. It was an initiative to promote Handlooms and Support Weavers Community by wearing Handloom Clothes Every Monday.

As part of this drive, TFMC has been organising Handloom Melas from time to time. As part of that drive, it has organised 19 Handloom Melas so far.

Work From Home, Office, Village or Work from Anywhere, or work in Hybrid Mode, but wear ‘Handlooms Every Monday’ tells Telangana Facilities Management Council to all the IT employees. Several Facilities Management professionals and IT employees wearing Handloom clothes, and blazers will grace the mela.

TFMC is the only body that has been taking forward the call given by K.T. Rama Rao. TFMC has organised 19 Handloom exhibitions at various IT facilities across the city. Through this mela, TFMC is reviving its pledge to support Handlooms and Weavers and promote them.

Health

Apollo Hospital Seshadripuram Introduces India’s First High-end Early Prostate Cancer Detection Technology

Jan 7, 2023 by Sujata Muguda 0 Comments

Dr T Manohar_Dr. Manish Mattoo_Mr. Uday Davda

Bangalore, Jan 7, 2023: Adding another feather to its hat of achievements, Apollo Hospital Seshadripuram brings in India’s very first prostate cancer diagnosis breakthrough – MRI Fusion TRUS guided Trans-Perineal Targeted Biopsy, a novel technology that enhances the accuracy of cancer detection by 95% to 97% which was impossible to achieve with conventional diagnostic methods. Dr. Manohar T, Chief of Urology, Uro Oncology & kidney Transplantation Laser, Laparoscopic, Transplant, and robotic surgeon at Apollo Hospital Seshadripuram and Director, of Apollo Institute of renal sciences (AIRS) is the first doctor in the country to successfully conduct 42 procedures using MRI Fusion TRUS guided Trans-Perineal Targeted Biopsy.

In this unique procedure one has to undergo multi-parametric magnetic resonance imaging (mpMRI) and contouring of the lesions which are suspected to be cancerous and prostate size is marked via a special software pack. The image is then transferred to the special ultrasound done transrectally. The ultrasound probes assess the longitudinal and cross-sectional images of the target lesions. Keeping the target in situ, a small bore needle is passed perineally (the area between the scrotum and the anus) via a grid (brachytherapy) for a more accurate yield of tissue for examination. In this method, one can do sector biopsies and saturation biopsies depending on the size of the prostate and in addition target biopsies to accurately diagnose the lesion with minimal sampling. The procedure is conducted under local, regional, or general anesthesia.

Explaining the benefits of this latest technology, Dr. Manohar T, said: “Prostate cancer is the second most common and accounts for 7.1% of the total cancers in men and early diagnosis is critical in improving the outcomes. However, a delay in diagnosis may progress cancer into an advanced stage and the five-year survival rate significantly drops to 30%. Conventional investigation methods miss the diagnosis by 35-45%. The current biopsy method of TRUS biopsy which is done via the trans-rectal route and can lead to several infections still misses the diagnosis by 25%.

This new TRUS biopsy method done trans-perennially offers accuracy up to as much as 95 to 97%, have high specificity and sensitivity, prevents unnecessary biopsies, does not require the patients to be on pre-operational antibiotics or have any bowel preparations and most importantly, there is no risk of infection when the procedure is done through the perineal region.”

Adding on to the above benefits, Dr. Manohar pointed out that the MRI Fusion TRUS guided Trans-Perineal Targeted Biopsy method can access both the halves –upper and lower – of the prostate for targeting lesions and detecting if they are cancerous or not, unlike the procedure that is done trans-rectally which can cover only the lower half of the prostate. Also, this method can pick up cancers as small as 2mm, making the detection at the extremely initial stage of cancer a reality, thereby considerably enhancing the treatment outcomes.

“Surgeons require extensive training before performing this procedure as it requires immense technical skills and expertise,” Dr. Manohar T said.

Dr. Manish Mattoo, Chief Executive Officer – Karnataka Region, Apollo Hospitals, said: “Apollo Hospital has been consistent in revolutionizing India’s healthcare with the expertise of its doctors and cutting-edge infrastructure. MRI Fusion TRUS guided Trans-Perineal Targeted Biopsy, India’s one of the first will play a significant role in making prostate cancers completely curable and enhancing the quality of life of patients by detecting it at the earliest.”

Mr. Uday Davda, Unit Head – Apollo Hospitals, Seshadripuram, said: “It is a matter of great privilege and honor for us to be able to be a part of this ground-breaking breakthrough in early cancer detection. Apollo Hospital has always been a pioneer in driving technology innovations in India’s healthcare and MRI Fusion TRUS guided Trans-Perineal Targeted Biopsy will certainly revolutionise prostate cancer detection and treatment by providing optimal clinical outcomes.”

Business

NIC Honestly Crafted Ice Creams Rings in New Year with 2 new exciting flavors

Jan 7, 2023 by Sujata Muguda 0 Comments

Hyderabad: 7th January 2023: NIC Honestly Crafted Ice Creams announced the addition of two new, unique flavors to its already impressive basket of flavorful ice creams. Gajar Halwa Ice Cream and Til Gud with Ravdi Ice Cream offer a taste of traditional Indian sweets in a refreshing frozen form.

NIC Gajar Halwa Ice Cream combines creamy milk with rich, flavorful Gajar Halwa, a dessert made with the highest quality red carrots, dry fruits, and ghee. The red carrots, grown specifically for their sweet taste in the winter season, add a special touch to this ice cream. The combination of the carrots and the mixture of dry fruits roasted in ghee give the ice cream a traditional taste and feel.

NIC Til Gud with Ravdi Ice Cream is a perfect blend of milk, jaggery, and white sesame seeds. These ingredients are believed to provide warmth and insulation to the body during the colder months, making this savory the perfect choice for winter. The addition of crunchy Ravdi, made with white sesame seeds and jaggery adds an extra layer of texture and flavor. Til Gud being the sweet shared with love on the festival of Makar-Sankranti throughout India, is sure to get love throughout the country.

“At NIC Honestly Crafted Ice Creams, we are always looking for ways to provide our customers with the best possible ice creams to fulfill their cravings. That’s why we are excited to announce the addition of two new, unique flavors to our menu with the season special Gajar Halwa and Til Gud. We are confident that our customers will love them. You can get your hands on these festive special ice creams from your favorite food-tech delivery apps”, said Sanjiv Shah, Director, Walko Food Company Pvt Ltd.

NIC Honestly Crafted Ice Creams is known for its commitment to using only the highest quality ingredients in all of its products. This dedication to quality is what sets NIC Honestly Crafted Ice Creams apart and has made it the fastest-growing and one of the most loved ice cream brands in India.

_gajar_halwa NIC Honestly Crafted Ice Creams Rings in New Year with 2 new exciting flavors

In addition to Gajar Halwa and Til Gud, NIC Honestly Crafted Ice Creams offers a wide variety of other flavors to choose from, including fruit & nuts like Alphonso Mango, Tender Coconut, Roasted Almonds, Dry Fruit Overload, chocolate ice creams like NIC Belgian Chocolate, Cookies & Cream, Choco chips and international flavors like Mediterranean Sea Salted Caramel and French Vanilla to Indian inspirations like NIC Paan, Gulab Jamun and more. There is something for every ice cream lover to enjoy.

The new flavors are sure to delight and surprise taste buds, offering a unique twist on traditional Indian sweets. Don’t miss out on the chance to try these new flavorful ice creams which are available on major online platforms and can be delivered straight to your door. Treat yourself to the rich, creamy goodness of NIC Honestly Crafted Ice Creams today.

Business

Hello, discounts! Inorbit Mall Vashi’s Sale Season is here!

Jan 7, 2023 by Sujata Muguda 0 Comments

Navi Mumbai(S.N) -It’s time to shop more at a lesser price at the Heartbeat of Vashi – Inorbit MallInorbit Mall, Vashi’s most awaited End of Season Sale (EOSS) is here with deals you can’t resist, with discounts ranging from 20% to 60% across various categories. The EOSS is live for the entire month of January 2023while at Shoppers Stop, it will continue till February 15, 2023. Brands that are participating in the EOSS sale include such, Marks and Spencer, Adidas, Max, and Minisoamong many others!

Additionally, customers can avail of an offer of flat 50% off on over 15 brands including Biba, The Body Shop, and Rare Rabbit between January 7 and 8, 2023 thus offering them a wide selection of options to choose from across categories like Fashion, Fitness, Accessories, Make-up, and Footwear among others. So fashionistas, are you ready to give your wardrobe the new look it deserves? Clear your schedule and head straight to the Inorbit Mall.

When: EOSS till January 31, 2023, & Flat 50% on January 7 and 8 2023

Where: Inorbit Mall, Palm Beach Rd, Sector 30A, Vashi, Navi Mumbai, Maharashtra 400703

Entertainment

COLORS and Rajasthan Royals team up to launch ‘Cricket Ka Ticket’ – India’s biggest cricket talent hunt for both men & women

Jan 7, 2023 by Sujata Muguda 0 Comments

Mumbai, January 2023: Royals Sports Group-owned franchise Rajasthan Royals and COLORS announced the launch of their brand-new cricket reality show, ‘Cricket Ka Ticket’, along with registration partner CricHeroes. Famed television cricket presenter Mandira Bedi will be the show’s host for the upcoming season of ‘Cricket Ka Ticket’, a show curated to unearth the best cricketing talent from across the nation. Mandira Bedi is a pioneer when it comes to television cricket broadcasts and is one of the first lady presenters in world cricket that served as an inspiration to thousands of women around the world.

Tipped to be India’s largest cricketing hunt for both men and women, ‘Cricket Ka Ticket’ will serve as an opportunity to reignite the dreams of millions of Indians to build a career in cricket and make it to the biggest stage. The process of filing for applications is already underway and is seeing a great deal of response from aspiring participants from around the country.

With the ‘Cricket Ka Ticket’, one male winner and one female winner will be awarded a cash prize of ₹5 lacs each, along with a one-year development program that includes mentoring and coaching support from the Royals coaches, mentors, and players. The most exciting prospect for the winners will come in terms of having a chance to be a part of the cricket ecosystem as the male winner will win a once-in-a-lifetime opportunity to appear for trials at Rajasthan Royals. Whereas, for the female contestant who bags the ‘Cricket Ka Ticket’, there will be an opportunity to get major trial opportunities with assistance from the Royals management, given the pending arrival of the domestic T20 women’s competition.

Mahesh Shetty, Head – of Network Sales, Viacom18, commenting on the partnership, said, “Creating unique content while leveraging brand associations is the key to impactful consumer engagement. With this collaboration, we are providing a never seen experience to viewers who can now be a part of the cricket phenomenon themselves. This series will have Cricket and entertainment as a package together, showcasing the best of both worlds.”

Manoj Badale, Lead Owner, of Rajasthan Royals, expressed his excitement about the partnership, saying, “Our association with unearthing young talent goes back to 2006 with our show Cricket Star. We are delighted to be rejuvenating this unique concept to allow the best cricketing talent from across the country the chance to make their dreams come true. We have always stood for identifying talent and championing dreams, since the inception of our franchise in 2008, and our hope is to reignite the dreams of millions of Indians to follow their passion and give a shot at winning this ‘Cricket Ka Ticket’.”

Mandira Bedi is visibly excited about the collaboration. She said: “I am so excited to be associated with this unique and one-of-a-kind show ‘Cricket Ka Ticket’, which provides a platform to both young male & female talent to showcase their skills and prepare them to become fine athletes. The equal representation opportunity for female athletes is highly inspiring and the need of the hour. It is a show which aims to reignite millions of dreams of Indians who maybe thought they would never get a chance. But here we are, with this exceptional format, that I’m looking forward to being a part of, and entertaining the cricket-crazy viewers.”

The show will be available to watch for cricket fans around the world on Viacom18’s flagship Hindi entertainment channel COLORS and OTT platform Voot, and as the sport’s only reality TV show

during the 2023 T20 cricket season, this will add to the buzz! The call for entries began on 22nd December with COLORS launching the promotional campaign and kicking off phase one.

Individuals interested in registering for the show can download the CricHeroes App on Playstore & App Store and submit their application by 11:59pm on 15th January 2023.

Business

GROHE announces GROHE X Summit 2023 “Caring for Water”

Jan 7, 2023 by Sujata Muguda 0 Comments

GROHE X

GROHE, a leading global brand for complete bathroom solutions and kitchen fittings, announces the GROHE X Summit 2023 which will take place on the brand’s digital experience hub GROHE X from March 7-9 2023. Themed “Caring for Water”, the three-day event will include a variety of formats – from inspiring keynotes to thought-provoking panel discussions and masterclasses – to explore and discuss the answers the sanitary industry needs to find to the challenges of our time, how sustainable building can thrive, and the central role water plays in all of this. The program will be complemented by showcases of new products and technologies, demonstrating how GROHE’s product portfolio is ready for the future and providing customers with the best possible support to grow their businesses in a sustainable tomorrow.

“To address the social and environmental issues we face today, it is more important than ever to share knowledge and spark new ideas. The GROHE X Summit program is designed to inform, inspire, and bring our industry together to make change happen. This event is taking our hybrid customer experience to a new level, providing a platform to face the challenges of our time together and look into the future with honesty, optimism, and a firm sense of collaboration. At the same time, this is also a kick-off for us for several physical events that will immerse customers in our sub-brand worlds over the next year,” says Jonas Brennwald, Leader, LIXIL EMENA.

Expanding GROHE’s hybrid customer experience

Launched in March 2021, the digital experience hub GROHE X has been the launchpad for GROHE’s hybrid customer experience. With over 200 content pieces and 14 language variants, it has enjoyed nearly 2 million page views. This digital community was expanded in spring of 2022 with the opening of the GROHE X Brand & Communication Experience Center in Hemer, Germany. The center combines a physical visitor facility and five state-of-the-art studios for training and content production as well as hybrid events. In addition to the GROHE brand’s participation in smaller local trade shows to facilitate physical meetings with customers and tangible interaction with the products, three GROHE X Motion Trucks can bring the brand experience directly to the customer.

Business

LEAD acquires Pearson’s local K-12 learning business in India

Jan 7, 2023 by Rabindra 0 Comments

Bangalore, 7th January 2023: LEAD, India’s largest School Edtech company, today announced that it has entered into an agreement with Pearson, the world’s leading learning company, to acquire its local K-12 learning business in India. With this acquisition, LEAD will immediately expand its reach to over 9000 schools and will further enhance its product portfolio to cater to the entire spectrum of 5 lakh+ private schools in India.

Sumeet Mehta, Co-Founder, and CEO, of LEAD, said, “LEAD’s mission is to bring excellent education to every child. School Edtech has poised for sustained growth post-Covid and with the acquisition of the local K-12 learning business of Pearson India, we will be able to reach more schools and students in the service of our mission to provide excellent education to every child. This acquisition will unlock synergies and build on our combined knowledge, experience, and technology strengths to bring 21st-century School Edtech innovation to India’s schools.”

In its K-12 learning portfolio, Pearson India caters to private, English medium CBSE and ICSE schools offering high-quality blended learning solutions (books + digital) ensuring learning continuity at home; and teacher resources. LEAD’s acquisition of Pearson’s local K-12 learning business in India is being funded through a combination of new fundraising and internal accruals. The acquisition, which has been approved by the Board of Directors of both companies, is subject to customary closing conditions and is expected to be completed by Q1 CY 2023. EY was the exclusive financial advisor to LEAD on the transaction.

Business

This Festive Season, Give Your Kitchen the Upgrade It Deserves With TTK Prestige’s Super Saver Offer 2022-2023

Jan 7, 2023 by Rabindra 0 Comments

National, 7th January 2023: It’s that time of the year when people partake in year-ending festivities, shop for Christmas and wedding gifts, or ring in the New Year with a home makeover. Keeping the consumer’s retail indulgence and necessities in mind, TTK Prestige has launched the special, “SUPER SAVER OFFER 2022-2023”. The much-awaited promotion not only offers delightful discounts and savings on Prestige’s wide range of products, but it heightens the joy with its incredible Buy One, Get At least 1 Free. Thus, with the Super Saver Offer, consumers can shop to their heart’s content and make the most of the great discounts and free gifts with Prestige.

Dinesh Garg, Executive Vice President – Sales & Marketing, TTK Prestige Ltd., commented, “Every year, our customers look forward to the Super Saver Offer where they get a great selection of our products to choose from, along with incredible deals Our commitment to offering innovative products that make cooking easier and quicker has earned us the trust and loyalty of our consumers. With our high-quality appliances and cookware that come at affordable prices, we focus on making cooking more efficient for every Indian household.”

Special Deals and Savings during the Super Saver Offer 2022–2023

TTK Prestige’s Super Saver Offer is loaded with great deals across all product categories. The unique JUMBO COMBO-OFFER presents three Prestige kitchen appliances worth Rs. 9,035.00 for free along with the purchase of their Svachh Duo/Neo 4 burner Gas Stove. The gas stove comes with innovative features like liftable burners that will make cleaning the gas stove easy and quick. It is the perfect upgrade to give your kitchen. The complementary products on offer along with the gas stove are the Prestige Induction Cooktop (PIC 20.0), Prestige Express Grinder (PEX 3.0), and Prestige Electric Kettle (PKSS 1.0). There is undoubted, no better offer that provides four must-have kitchen appliances at an incredible value of Rs.13, 895.00

Almost every home cook has dealt with lid alignment or spillage issues while using their pressure cooker. The products under CONVENIENT COOKER OFFER is the perfect solution to address this issue. Under this offer, consumers can purchase the new-age Prestige Flip-On Svaach 5L pressure cooker which comes with a unique lid-lock mechanism, and get the SS Popular Svachh 3L pressure cooker worth Rs. 2,420.00 for free. Thus, with this offer consumers will get two modern-designed pressure cookers at just Rs. 5290.00.

The KITCHEN ESSENTIALS OFFER has been specially curated by TTK Prestige to offer consumers a ready combination of must-have cookware for every kitchen. This includes the Prestige Omega Deluxe Granite 5-layered non-stick cookware. It comprises of 3 Pc Kitchen Sets – a tawa, frying pan, and kadai, all vessels you need to prepare a complete meal. Its 5-layered non-stick cookware ensures durability too. Along with the cookware, consumers will get the Deluxe Alpha Svachh 3.5L pressure cooker worth Rs. 3,160.00 for free. Thus, with the special Kitchen Essentials Offer, all essentials for a new kitchen will get covered at an incredible combined value of just Rs. 4220.00.

On the purchase of the Smart Prestige Induction Cooktop (PIC 3.1 V3), consumers will get a free SS Popular Svachh 5L pressure cooker worth Rs. 3,170.00. The intelligent induction cooktop comes with an automatic whistle counter. Thus at the value of one product i.e. Rs. 5,945.00 for the induction cooktop, consumers will get two much-needed products.

With Christmas and New Year just around the corner CAKE FESTIVAL OFFER is the perfect deal. Consumers will get a free Hand mixer (PHM 1.0) and a 20% discount on the purchase of a Prestige POTG 36L oven worth Rs. 12,395.00.

Besides these, TTK Prestige has more offers in store. This includes introductory offers on individual kitchen appliances and cookware as well. The Super Saver Offer is available at Prestige Xclusive stores, select dealer outlets, the brand’s exclusive e-store shop.ttkprestige.com and other leading eCommerce sites.

Customers are truly in for a great bargain with the special Super Save Offer by TTK Prestige, India’s beloved kitchen brand. It is a great time for customers to upgrade their kitchen wholeheartedly with the wide range of incredible deals on offer. There is nothing like TTK Prestige products when it comes to durability, affordability, and design.

Education

ICAI organizes National Education Summit on Commerce & Accountancy (NES-CA)

Jan 7, 2023 by Rabindra 0 Comments

New Delhi, Friday, 7th January 2023: The Institute of Chartered Accountants of India (ICAI) through its Board of Studies (Academic) is organising a National Education Summit on Commerce & Accountancy (NES-CA) on 6th & 7th January 2023 at New Delhi.

The 2-day summit was inaugurated today by Dr. Subhas Sarkar, Hon’ble Minister of State for Education and Dr. Bhagwat Kishanrao Karad, Minister of State for Finance delivered a keynote address. Also present was CA. (Dr.) Debashis Mitra, President, ICAI; CA. T N Manoharan, Past President, ICAI; CA. Dayaniwas Sharma, Chairman, Board of Studies, ICAI; CA. Vishal Doshi, Vice-Chairman, Board of Studies, ICAI, and other delegates.

NES-CA aims to standardize Commerce & Accounting education at Higher Secondary and Undergraduate levels of schools/colleges/universities across India. ICAI has partnered with the Association of Indian Universities (AIU), the National Council of Educational Research and Training (NCERT), and the National Council for Teacher Education (NCTE) for this NES-CA Summit.

While addressing the audience during the inaugural ceremony, the Chief Guest Dr. Subhas Sarkar, Hon’ble Minister of State for Education appreciated the “ICAI’s efforts towards making India financially literate in line with the Government of India’s mission on Financial Literacy or Vittiya Saksharta which is also one of the most important sustainable development goals promoted by the G-20 nations.”

The Hon’ble Minister further lauded ICAI for its initiative in designing the Model Curriculum in the booklet titled “ICAI Exemplar: Preparing Future Ready Commerce Graduates” incorporating the competence-based approach through well-designed syllabi with objective statements, learning outcomes, and course curriculum, for commerce education at senior secondary level and graduate courses. He urged the academic institutions/universities to adopt the ICAI Exemplar for making commerce education One India, One Accounting, and One World. He extended his greetings to the entire ICAI family. He said that this Institution will continue to carry forward its work and will play a vital role in the growth and development of our nation, our BHARAT.

Delivering the keynote address, Dr. Bhagwat Kishanrao Karad, Minister of State for Finance said “At the outset, I am very glad that ICAI has taken the initiative to host this National Education Summit on Commerce and Accountancy (NES-CA), bringing together Vice Chancellors of Universities, and Commissioner and Secretaries of State Board of Education across India to give a fillip to commerce education in India.”

The Hon’ble Minister further stated that “Prime Minister’s vision of creating a “Vishwa Manav” or Global Citizen has been incorporated in the NEP 2020. He emphasized the significance of skill-based education in which more emphasis is given on conceptual understanding vis-a-vis rote learning.” He stated that ICAI has developed Model Curriculum 2023 for commerce education at the senior secondary level and undergraduate commerce courses titled “ICAI Exemplar: Preparing Future Ready Commerce Graduates”. I feel that that the uniform Model Curriculum 2023 so designed will significantly enhance the standard of commerce education.

This Summit is being attended by Vice Chancellors, Directors, Deans, Principals, HODs, Chairmen, & Professors from top Commerce universities & colleges and Secretaries of State Education Boards from over 25 States. Leading Academicians and experts from the field of Commerce and Accounting will address various sessions on contemporary topics like the Role of Commerce Education in Skilling Youth for $5 Trillion Economy, Indian Accountants Rising to Global Demand, and more.

Delivering the Presidential Address CA. (Dr.) Debashis Mitra, President of, ICAI said that “The Institute has always been a partner in nation-building supporting the various initiatives of the Government. He emphasized the important role of ICAI as a standard-setter, regulator, educator, and examiner.”

President, ICAI added “ICAI as an Educator collaborates and works shoulder to shoulder with all the academic institutions/universities. He mentioned that ICAI’s Proposed Scheme of Education and Training incorporates the significant features of the National Education Policy, 2020 through introduction of self-paced online modules, where learning and assessment would be online. He drew reference to the Honourable Supreme Court’s appreciation of the manner of conduct of examination by ICAI. The Institute of Chartered Accountants of India aspires to be the leading accounting body by 2030.”

CA. Aniket S Talati, Vice President, ICAI began his address by mentioning that “The Institute would be entering its 75th year and ICAI has been contributing significantly in the economic growth of the country. He further stated that India has been the technological capital and now is becoming the accounting hub of the world.” He said that the line between science and commerce is getting blurred and technology has penetrated into the accounting area. He added that this Summit has specific technical sessions analyzing the impact of technology in the field of education.

Speaking about the CA curriculum, Vice-President, of ICAI added “The Institute has launched its International Curriculum and shall play a significant role in enriching accounting education across the globe.”

Further, CA. Dayaniwas Sharma, Chairman, BoS (Academic), ICAI added that “ The implementation of Model Curriculum will play a pivotal role in enhancing business acumen, analytical skills and financial literacy of the youth today thereby making them more employable in the national as well as global market.”

This summit aspires to highlight promising opportunities in aligning the nation’s commerce and accounting education in order to make India a “Vishwaguru” in the accounting world. Leading academicians, researchers, and scholars in the fields of commerce and accounting from universities all over India is gathered at the summit to discuss how to equip commerce graduates with the skills they need to succeed in India and around the world for One India—One Accounting—One World. The Institute also put forth a model curriculum under the heading “ICAI Exemplar: Preparing Future-Ready Commerce Graduates”.

Education

LEAD acquires Pearson’s local K-12 learning business in India

Jan 7, 2023 by Rekha Nair 0 Comments

(Left) Sumeet Mehta, Co- Founder and CEO, LEAD and (Right) Smita Deorah, Co – Founder and Co – CEO, LEAD

Bangalore, January 2023: LEAD, India’s largest School Edtech company, today announced that it has entered into an agreement with Pearson, the world’s leading learning company, to acquire its local K-12 learning business in India. With this acquisition, LEAD will immediately expand its reach to over 9000 schools and will further enhance its product portfolio to cater to the entire spectrum of 5 lakh+ private schools in India.

Sumeet Mehta, Co-Founder and CEO, LEAD, said, “LEAD’s mission is to bring excellent education to every child. School Edtech is poised for sustained growth post Covid and with the acquisition of the local K-12 learning business of Pearson India, we will be able to reach more schools and students in the service of our mission to provide excellent education to every child. This acquisition will unlock synergies and build on our combined knowledge, experience and technology strengths to bring 21st century School Edtech innovation to India’s schools.”

In its K-12 learning portfolio, Pearson India caters to private, English medium CBSE and ICSE schools offering high quality blended learning solutions (books + digital) ensuring learning continuity at home; and teacher resources. LEAD’s acquisition of Pearson’s local K-12 learning business in India is being funded through a combination of new fundraise and internal accruals. The acquisition, which has been approved by the Board of Directors of both companies, is subject to customary closing conditions and is expected to be completed by Q1 CY 2023. EY was the exclusive financial advisor to LEAD on the transaction.