India-UK team tackles antimicrobial resistance spread in waterways

India-UK team tackles antimicrobial resistance spread in waterways

An estimated 58,000 babies die in India every year from superbug infections passed on from their mothers, whilst drug-resistant pathogens cause between 28,000 to 38,000 extra deaths in the European Union every year.

A research project called AMRflows, which involves experts from Newcastle University, has received £1.2 million of UK and Indian funding to explore the role played by India’s rivers in increasing antimicrobial resistance (AMR).

Supported by the UK’s Natural Environment Research Council and India’s Department of Biotechnology, the cross-disciplinary team also includes researchers from Newcastle University, the James Hutton Institute in Scotland, IIT Gandhinagar and IIT Madras. Experts will sample and model two contrasting river networks in India – the Musi river in Hyderabad, which has high concentrations of antibiotics released from production facilities, and the less polluted Adyar river in Chennai.

The project – which is supported by UK Research and Innovation’s Fund for International Collaboration – aims to learn how far resistant bacteria travel before they die or are eaten by other organisms in a unique combination of experiments, field sampling and mathematical modelling of resistance dynamics and water flows.

The team from Newcastle will be led by Professor David Graham, an environmental engineer who has spent almost 20 years studying the environmental transmission of antibiotic resistance around the world.

Work in recent years, often led by Professor Graham and international colleagues, has shown that antibiotic-resistant genes are readily exchanged between microbes and move through many pathways, even to places where antibiotics functionally are not present.

Commenting on this new UK-India project, Professor Graham said: “This project has huge potential because it will study AMR spread in a more quantitative and predictive manner, which is urgently needed for assessing environmental exposure risk.

“Additionally, it combines studies at various scales, ranging from the genetics of resistance gene exchange to metagenomics to micro- and macro-scale numerical modelling, which to our knowledge, has never been done before.”

Professor Graham recently contributed to new recommendations for tackling the spread of antibiotic resistance, published in June by the World Health Organisation (WHO). The new guidance aims to provide a framework for countries to create their own locally-driven national action plans that suit their own particular regional setting. It considers growing evidence, including research by Professor Graham, which suggests that the “superbug problem” will not be solved by prudent antibiotic use alone and that environmental factors may be of equal or greater importance, which this new project aspires to quantify.

UK project lead Dr. Jan Kreft, from the University of Birmingham, commented: “We don’t know how quickly antibiotics are degraded in the environment and how much they are diluted by rainfall and by entering larger rivers.”

“In our AMRflows project, we will learn how antibiotics from manufacturing and the resistant bacteria they select will flow through river networks and how far they can be transported in rivers, from where they can spread onto fields and into communities during floods – allowing us to make a quantitative risk assessment to help create environmental standards for safe concentrations of antibiotics in water bodies.”

Indian project leads Professor Shashidhar Thatikonda, from the Indian Institute of Technology Hyderabad commented: “We know from previous research that the River Musi is now a factory of superbugs. Modelling water flows will be crucial in predicting the fate of resistant bacteria in the environment and we aim to create models that will be applicable in other rivers and countries.”

The scientific advances will also allow the team to compare the effectiveness of different interventions such as separate treatment of waste streams from the manufacturing of antibiotics, decentralized sewage treatment or containment reservoirs.

“The recommendations we will produce will help bring down the levels of resistance in the environment. This will contribute to reducing the abundance of resistant pathogens that make infections untreatable,” added Professor Shashidhar.

In his ‘Insights’ article published earlier this year by The Conversation UK, Professor Graham – who is also a member of the Transmission in Wider Environment Group (TWEG) providing guidance to UK Scientific Advisory Group for Emergencies (SAGE) in relation to the current COVID-19 pandemic – described how resistance to existing antibiotics continues to increase, particularly impacting places with poor water quality and inadequate sanitation.

In the article, Professor Graham and co-author Peter Collignon, Professor of Infectious Diseases and Microbiology, Australian National University, also talk about the diverse possible pathways or drivers of antibiotic resistance and discuss how it can be tackled.

“Local conditions are key to reducing the spread of antibiotic resistance,” they say in the article. “Governments throughout the world must work together, and actions against resistance should focus on local needs and plans because each country is different.”

“The spread of antibiotic resistance knows no boundaries, so it is everyone’s problem and all countries have a role in solving the problem,” Professor Graham adds.

AMRflows is part of an £8 million package of UK-India Government-backed research aimed deepening existing scientific research collaborations with five new programmes to tackle antimicrobial resistance that could lead to important advances in the global fight against antibiotic-resistant bacteria and genes.

Dassault Systèmes’ Virtual Conference “The World After – Sustainable and Resilient Urban Future” Showcases New Innovation Paradigms for Urban Planning and Infrastructure

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) hosted “The World After Sustainable and Resilient Urban Future,” a virtual conference that provided insights on technology trends accelerating smart cities, infrastructure and building construction projects in India. Dassault Systèmes also showcased the “Inclusive Urban Future”, “Integrated Built Environment”, “Civil Infrastructure Engineering”, “Creative Building Design” and “Design for Fabrication” industry solution experiences based on the 3DEXPERIENCE platform for driving the digital transformation of cities, infrastructure and building construction projects in India. During the event, Dassault Systèmes showcased how the 3DEXPERIENCE platform can contribute to pandemic emergency planning by city administrators.

“The infrastructure sector is of strategic importance to the economy to create growth and employment in the country. Technology can play a major role to support infrastructure development through design, simulation and predictive analysis to help urban planners build smart cities involving the construction of roads, bridges, tunnels, airports, railways, dams, optimizing solar energy, waste management, healthcare infrastructure to pandemic planning,” said Deepak NG, Managing Director, India, Dassault Systemes. “The virtual twin experience on the 3DEXPERIENCE platform can enable stakeholders to visualize, manage and execute infrastructure projects in a collaborative environment with reduced costs, time and resource planning.”

Dassault Systemes showcased a “Planning Pandemic Emergencies” solution that can enable public authorities and city administrators with thorough preparedness and response planning for a large-scale healthcare crisis. It offers a single window for “Area Referential for Pandemic Emergency Planning”, “Citizen Sentiment Analysis for Improving the Services Rendered” and “Mass X-ray Analytics for Testing and Segregation of COVID-19 positive Patients”. The 3DEXPEREINCE Platform enables digital referential for the city, planning the hotspot clusters and containment zones in 3D context, planning the access to essential services, generation of heat maps based on data sets and analytics.

The virtual conference “The World After – Sustainable and Resilient Urban Future” had a great line of speakers from global technology experts in infrastructure, to Indian policymakers, to users of technology in the enterprise, public sector, to global consultants and architects and to skill development authorities. The keynote in the plenary session was delivered by Sylvain Laurent, Executive Vice President and Chairman, Infrastructure & Cities, Dassault Systèmes. Eminent and notable speakers included Mr. Rajeshwara Rao, Additional Secretary of Niti Aayog, Jayant Damodar Patil, Whole Time Director and Senior Executive Vice President (Defence and Smart Technologies), Larsen & Toubro, Akhilesh Shrivastava, CGM-Technical, NHAI, Dr S Selva Kumar IAS Skill Secretary to Government of Karnataka. The event also had two tracks on Infrastructure & Cities and Buildings & Facilities.

Realty sectors on RBI’s decision to permit a one-time restructuring of loans

The Reserve Bank of India has decided to permit a one-time restructuring of loans, amid the ongoing COVID crisis which is hitting businesses hard. Announcing a review on monetary and credit policies on Thursday, RBI Governor Shaktikanta Das said a window under the June 7 stressed asset resolution framework will be provided which will enable lenders to implement a resolution plan, without a change in ownership.

Anuj Puri, Chairman – ANAROCK Property Consultants

Much along the expected lines, the RBI kept repo rate untouched at 4% and reverse repo rate at 3.35% amid a recent rise in retail consumer prices. The RBI was expected to do all it can to keep the inflation rates reined in for the duration.

However, the RBI announced several additional measures that will go on to accelerate the economy, enhance liquidity, improve the flow of credit and deepen digital payment facilities, among others. Commendably, its allotment of INR 5,000 crore each to National Housing Bank and NABARD is a much-needed step for sectors including real estate reeling under the liquidity crisis. It will help infuse capital into the HFCs and eventually provide relief to developers battling liquidity issues in COVID-19 times.

Pradeep Aggarwal, Founder & Chairman – Signature Global Group & Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development

“It was an expected move by the RBI to keep the repo rate unchanged and it is commendable that it is doing its part to ensure that the economy stays on the right path. However, the banks have not yet passed on the benefits to the consumers, which are not benefitting the real estate sector that in turn is affecting the allied industries too. RBI should take action so that banks should extend loans to the real estate sector. Liquidity crisis has to be tackled soon as the situation after Corona is dismal; this cannot happen until and unless banks take a firm decision to back the sector that has many allied industries attached to it”.

Manoj Gaur, MD, Gaurs Group and Chairman, Affordable Housing Committee, CREDAI (National)

“Real estate sector needs hand-holding at this point in time. Though unchanged repo rate is understandable the need to have special measures in place cannot be denied. The buyers are coming back to the sector after realizing the importance of real estate assets backed by historically low EMIs, the developers too need some interventions that can help them expedite the process of development”.

Mr Amit Modi, President (Elect) CREDAI Western UP and Director ABA CORP

Market experts predicted a repo rate cut by 25bps in today’s announcement by RBI, but unfortunately, that was not declared. With the consumer confidence low due to the ongoing pandemic situation, and real estate sector going through a period of strife, we would expect the government to look into initiatives on generating more demand in the real estate market as well as helping millions of first-time homebuyers to realize their dream. At the same time, we would also hope that all the banks would pass on the benefits of previous repo rate deductions to end-users.

Uddhav Poddar, MD, Bhumika Group

“The main issue is that banks have not taken adequate steps to reduce the rates or to ease the liquidity. All the good steps taken by RBI earlier will not bear fruit if the banks don’t take necessary action at their level. Real Estate is badly affected due to the pandemic and we need support from the banks by providing adequate liquidity to the sector and providing cheap home loans to the customers, to make sure the segment can flourish again. We have to understand that real estate is an integral part of economic growth as it is the largest employment generator”.

Ashish Bhutani, MD, Bhutani Infra

RBI Monetary Policy Committee has kept the repo rates unchanged, even when market experts cited the conditions being favourable for it. This decision was taken due to the signs of revival, that the MPC has observed with unlock. However, the continuous surge in cases is constantly hampering the stability that commercial real estate needs for planning the expansion, mapping the already allocated funds, driving international investments, and dispersing some amount of capital to construction and permissions required. We are hoping apex financial institutions assess the realty market closely to deliver, if not repo rate cuts then some other kind of relaxation to improve sentiments of associated stakeholders.

Mr. Rajat Goel, JMD, MRG World

Repo rate cuts have been announced time and again by RBI during the last few months to combat the crisis. The recent announcements made are an indication that the industries and economy have a void to fill created by 3 months of lockdown. Real estate being a sector with high-end products is vast and delivers a major impact on the overall growth of the nation. The benefits provided to this sector will have a far-reaching impact on the economy as a whole. We are elated that the government has shown support towards us with schemes like CLSS & PMAY, realty will now be able to fully utilize its potential with the impetus provided.

Mr. Raman Gupta, Director- Branding & Construction- GBP Group

In today’s announcement, the apex bank has kept the repo rate unchanged to 4% which was an expected move to keep the economy of the country afloat amidst the pandemic. Being one of the major contributors to the economy of the country, the benefits provided to the sector will have a positive impact on the overall growth of the nation. With the schemes like CLSS & PMAY along with the low repo rates, the customers are moving back towards the real estate sector. Along with providing one-time loan restructuring to MSMEs, we expect the apex bank to announce the same for the real estate sector as well.

Deepak Kapoor, Director, Gulshan Homz

The latest announcement by the RBI has been a dampener for the sector as we were hoping for some measures that could provide a much-needed boost. One of the expectations was one-time loan restructuring, which the sector has been demanding for quite some time now. Earlier, the government has urged the RBI for non-classification of these loans as Special Mention Accounts (SMAs) and Non-Profit Assets (NPAs). Banks were hesitant to do this. However, a way out has to be formulated as without the support of one-time loan restructuring it would be difficult to meet the housing demand. Authorities may consider the projects that were stalled or delayed because of delays in approvals or even the projects where more than 60 per cent of work has been completed. The prevailing situation will only get complicated if timely steps are not taken to contain it.

Kapil Kapur, Director – Sales, Strategy & Business Development Bullmen Realty India

Repo rate cut speculated by the experts was not a part of today’s RBI announcement but loan restructuring became the major breakthrough amid the ongoing crisis when businesses are hit hard. As the effect caused due to the lockdown was pervasive, consistent support from apex institutions like RBI had become a dire need for a stable market. Homebuyers are keen on coming back, but their expectations and budgets have changed drastically. Developers were already struggling with developing a plan of action that is accommodating to end-users and investors, but the recent alternative of loan restructuring would help them foster a long-term plan for their projects.

Puneet Vashist’s path-breaking entry as Lord Shani in &TV’s Kahat Hanuman Jai Shri Ram

Continuing the Gyarah Mukhi Hanuman stories narrated by Anjani (Sneha Wagh) Mata’s, the upcoming episodes will introduce Lord Shani, the supreme deity, punishing or rewarding people for their karma. Essayed by Puneet Vashist the forthcoming episodes will see captivating drama as the Gods have upset Shani Dev by giving Maruti an unmerited power in the form of Daivik shakti. It also marks the entry of Puneet Vashist who has been very popular among audiences for his significant work in the movie Fanaa, and Happy New Year among other Bollywood films and renowned daily soaps.

Speaking about his entry as the angry Lord Shani Dev, Puneet Vashist says, “I am humbled to be part of &TV and the Kahat Hanuman Jai Shri Ram family. A lot of preparation has gone into playing Shani Dev’s character. Right from the temperament to the expressions, to the Shuddh Hindi dialogues, and most importantly portraying the significant character of Lord Shani. Shani Dev is the son of Surya Dev and Chhaya. While his mother was going through severe penance, Lord Shiva, therefore, blessed Shani Dev with darkness symbolizing the power of extreme penance that he possesses. He has always been one of the most popular and the most dreaded Gods in Hindu mythology. I am quite excited about this role and looking forward to seeing it come alive on-screen.”

The Gods have angered Lord Shani, the effects of which will be unleashed on Bal Hanuman and his family. Lord Shani will order Amangal to break Hanuman’s family. How will Bal Hanuman overcome the wrath of Shavi Dev?

To know more, tune in to Kahat Hanuman Jai Shri Ram every Monday-Friday at 9:30 pm only on &TV!

Genpact and Deloitte Form Strategic Alliance to Accelerate Business Transformation and Build Enterprise Resilience

Genpact (NYSE: G) and Deloitte announced a strategic alliance to offer comprehensive solutions to help organizations scale and optimize critical business operations, drive speed to the outcome, deliver business transformation to enhance competitive growth, and build resilience in an uncertain future.

As clients reimagine their core businesses, the challenges that lie ahead are increasingly complex, creating a need for an ecosystem of partners to help organizations rapidly pivot and prepare for the future. Genpact and Deloitte’s deep domain and technology experience, along with depth in driving transformation at scale, creates a unique combination. Genpact’s strength in running intelligent operations coupled with Deloitte’s breadth across advise, implement and operate services, offer a tailored end-to-end solution for clients.

“Genpact and Deloitte are a natural fit,” said Alison Close, research manager, Digital Business Operations and Analytics Services, IDC. “This alliance is a game-changer and signals a revolutionary model of providing end-to-end solutions for clients.”

The alliance will deliver a number of tangible benefits to clients that can be leveraged quickly to help them accelerate their digital transformation journeys, with an emphasis on mission-critical services in areas such as finance and accounting, supply chain, and procurement. Enabling clients to focus on their core strengths, the alliance will help deliver increased enterprise value without them having to build or run the solutions themselves. It will also provide access to domain depth and knowledge in the latest technologies like digital, cloud, and artificial intelligence while optimizing process expertise.

“Businesses must leverage technology to differentiate, scale quickly, and stay ahead in today’s environment,” said Ayan Chatterjee, national managing principal, Operate Services, Deloitte Consulting LLP. “It’s no longer about just executing the transformations; it is about continuously innovating and realizing the maximum value from these transformations over a period of time. Our alliance with Genpact brings this philosophy to the forefront. Our combined services can often generate the savings that can in fact fund these much-needed transformations.”

The alliance will provide clients with both bespoke and predefined solutions to accelerate the shift to new business models and meet market demands. Genpact and Deloitte has collaborated on several joint go-to-market offerings to help clients in their transformation journeys. Two of the predefined solutions include GenOne™, a finance as-a-service offering powered by Workday, and DEAL (Digitally Enabled Accelerated Lending), that helps accelerate and lower the cost of the commercial lending process. Additionally, Deloitte and Genpact can build and execute bespoke multi-year solutions for our clients leveraging a wide array of technologies to drive large scale transformations, while operating both the legacy and the transformed environments.

“We have always believed an ecosystem of partners is the way of the future. To enable digital transformation, service providers need to create solutions by not only investing in their own people, proprietary tools, and intellectual property, but they also need to build a partner ecosystem that brings comprehensive and specialized solutions to the market,” said Anil Nanduru, chief commercial officer, Genpact. “Through this alliance, clients are already seeing the impact as we address their needs to drive end-to-end operational capabilities and accelerate digital transformation.”

Recently, the IAOP® recognized the Deloitte-Genpact alliance for demonstrating excellence in collaboration, innovation and outcomes with the Excellence in Strategic Partnerships honour.

“In recent years, we’ve seen more and more Global Outsourcing 100 applicants contribute their success to strategic partnerships,” said Debi Hamill, chief executive officer, IAOP. “This is something to celebrate, and for this reason, we added it as an option on the GO100 award application. But make no mistake, our new Excellence in Strategic Partnerships program is a stand-alone, admirable recognition, and we’re thrilled to honour these organizations.”

Quote on behalf of Anil PM, Head-Legal and Compliance, Bajaj Allianz Life

Quote on IRDA circular on the issuance of electronic policies – On behalf of Anil PM, Head – Legal and Compliance, Bajaj Allianz Life

“The decision to issue electronic policies without having to also send the physical policy document is a welcome move, considering the current situation which poses quite a challenge for physical policy despatch. This is in fact an opportune time to make the policy issuance process digital. It will enable the industry to facilitate the timely issuance of insurance policies to the customers and will help customers start their life cover on time.”

Central Bank Watch: Keeping the powder dry for now

  • In line with our expectations, the RBI kept its repo rate on hold at 4%, citing the uncertainty around both inflation and growth as the reason behind this “wait and watch” approach. The policy corridor was also kept unchanged, with the reverse repo at 3.35% and the MSF rate at 4.25%. 
  • RBI stance: The RBI continued to keep its policy stance as accommodative and mentioned that supporting economic recovery assumes primacy in the conduct of monetary policy. 
  • More rate cuts ahead? In terms of forward guidance, the RBI highlighted that while there is still space for further rate cuts, it would like to use this space more “judiciously” when its most effective. Depending on the inflation trajectory, we see room for further rate cuts – between 25 to 50bps- in H2 FY21. Bottom-line: RBI is likely to use the limited space available for rate cuts prudently and wait and watch for further clarity on growth and inflation before cutting again. 
  • Growth and Inflation Expectation: The central bank refrained from announcing specific forecasts for growth and inflation for the year. However, it said that it expects GDP growth to contract in FY21 and inflation prints to remain elevated in Q2 FY21 before moderating in H2 FY21. Going forward, the RBI remained cautious over the upside risks for inflation, including – protein-based food inflation, cost-push pressures due to high fuel pump prices, and any disruption in supply leading to higher food inflation. 
  • Regulatory changes: The more important announcement today was the resolution framework for COVID- 19 related stressed borrowers. The RBI introduced a special restructuring window under the earlier “Prudential Framework of Stressed Assets” (June 2019) for corporate and personal loans, subject to specified conditions and safeguards. The details of the same are still awaited. Furthermore, the RBI also extended the restructuring framework for MSME debt, already in place, for MSMEs that have been hit by the pandemic. 
  • The disappointment: The RBI did not announce any changes to the current HTM limit at 19.5% for banks. As highlighted in our recent report (Monetary Policy Preview, 4 August 2020), in the absence of an increase in the HTM limits, the pressure on the RBI to conduct a larger quantum of OMOs is likely to rise. This could be challenging with the existing liquidity surplus at over INR6trn (as of July-end). What this essentially means is that the pressure at the long-end of the yield curve could rise. 
  • Bond View: The 10 year 05.79% yield (introduced in May 2020) and the new 10-year 05.77% inched up by 3-4bps post the policy announcement. We expect yields to remain range-bound in the near term, with a slight upward bias. Although, any significant upside is likely to be capped by yield management tools like Operation Twists conducted by the RBI. Over the medium term, the outlook remains uncertain and is likely to be influenced by any announcement (or the absence of) around OMOs or raising HTM limits. The Specifics:
  •  Key regulatory measures announced:
  • 1. Resolution framework for COVID related stress: A window will be provided under the Prudential Framework (introduced in June 2019) to enable lenders to implement a resolution plan without a change in ownership for corporate and personal loans.
  • o Borrower accounts that were classified as standard for more than 30 days with the lenders as on March 1, 2020, will be eligible
  • o Lenders to keep additional provisions of 10% on the post-resolution debt
  • o Resolution plan may be invoked anytime till December 31, 2020
  • o RBI to constitute a committee under KV Kamath which will make recommendations on the required financial parameters and safeguards.  2. Restructuring of MSME debt: The RBI allowed stressed MSME borrowers to restructure debt if their loans classified as standard with the lender as on March 1, 2020. This restructuring shall be implemented by March 31, 2021. This is an extension of the already present restructuring framework for MSMEs that is in place as of January 1, 2020.3. Investments by banks in Debt Mutual Funds and Debt Exchange Traded funds (ETF): Currently, if a bank holds a debt instrument directly, it would have to allocate lower capital as compared to holding the same debt instrument through a Mutual Fund (MF)/ETF. It has now been decided to harmonise the differential treatment existing currently. This is likely to result in substantial capital savings for banks and is expected to give a boost to the bond market.4. Other announcements include:
    o Borrowing against gold jewellery: To increase the loan to value ratio (LTV) for loans against gold
    ornaments from 75% to 90%. This facility available till March 31, 2021.
    o Additional liquidity of INR 5000 cr. at repo rate to NABARD and INR 5000 cr. to National Housing Bank Inflation outlook: While the RBI refrained from giving a headline CPI inflation number, it highlighted that the headline inflation is likely to remain elevated in Q2 FY21 and moderate in H2 FY21 on account of a favourable base. The RBI noted that disruption in the supply chain has weighed on both food and non-food inflation. The RBI reckons that factors such as higher domestic pump prices on account of higher domestic taxes on petroleum products, cost-push factors, higher food prices, volatility in financial markets and rising asset prices could pose upside risks to the inflation
    outlook.o We expect headline CPI inflation to remain elevated in the near term, averaging 6.0% in Q2 on account of higher food prices and rise in core CPI (led by higher gold prices and some pent up in demand) and higher wages led by a shortage of labour. Looking at a broader time horizon, we expect CPI inflation to ease below 3% in Dec-20 supported by a statistical favourable base, contained food prices amidst healthy Kharif production and muted demand-side pressures that are likely to keep core CPI in check. On balance, we expect CPI inflation to average at 4.7% in FY21.Average headline CPI inflation (%YoY): HDFC Bank estimates
    Q1 Q2 Q3 Q4
    6.5% 6.0% 3.6% 2.7% Growth Outlook: On the growth front, the RBI expects a healthy recovery in the rural economy supported by progress in Kharif sowing. The RBI expects a recovery in economic activity in Q3 and Q4 aided by gradual restoration of supply lines and some recovery in demand. For the full year, the RBI expects the growth to contract with downside risks emanating from deviations from the forecast in the case of sub-normal monsoon, global financial market volatility and
    a more protracted spread of the pandemic.o We expect growth to contract by 7.5% in FY21, with a sharper contraction in Q1 and Q2, and recover somewhat in H2 FY21.GDP Growth (%YoY): HDFC Bank estimatesQ1 Q2 Q3 Q4
    -21% -11% 0.7% 1.5%Treasury Economic Research teamDisclaimer: This document has been prepared for your information only and does not constitute an offer/commitment to transact. Such an offer would be subject to contractual confirmations, satisfactory documentation and prevailing market conditions. Reasonable care has been taken to prepare this document. HDFC Bank and its employees do not accept any responsibility for action taken on the basis of this document.Abheek Barua
    Chief Economist
    Phone number: +91 (0) 124-4664305
    Email ID: abheek.barua@hdfcbank.comSakshi Gupta
    Senior Economist
    Phone number: +91 (0) 124-4664338
    Email ID: sakshi.gupta3@hdfcbank.com

Know About Aging Patterns Among Various Asian Indians by Dr Debraj Shome, Senior Cosmetic Surgeon and Director, The Esthetic Clinics & Dr. Rinky Kapoor, Cosmetic Dermatologist & Dermato-Surgeon, The Esthetic Clinics

According to the study Aging and the Indian Face: An Analytical Study of Aging in the Asian Indian Face, that is conducted by The Esthetic Clinics and its reputed Founders Dr Debraj Shome and Dr Rinky Kapoor, Asian Indians make up almost one-sixth of the world’s population. Although some aspects of facial beauty are universal, anthropometric morphology and age-related changes differ in all ethnic groups. This study published in the reputed journal Plastic and Reconstructive Surgery described various ageing patterns amongst Asian Indians. It is the first ever-ageing study published on how Indians age and with this iconic study, now deciding actually anti-ageing protocols to keep Indians younger will become easier for Indian doctors.

Ageing is an ongoing process. However, ageing patterns are known to be different in each race. Despite Asian Indians forming almost one-sixth of the world’s population, no data are available on how they age.

“Although some aspects of facial beauty are universal, aesthetic preferences vary amongst different ethnic groups and cultures. This is because of the cosmetic concerns, which differ according to variations in facial bony anatomy, morphology, and skin tones, both at a relatively young age and during ageing. Anthropometric features of Indians differ significantly from those of the Caucasian faces. Asian Indian faces are being treated as per the norms derived from Caucasian literature on facial aesthetics. India is a country of immense diversity, culture, different climatic conditions, and geographic locations. In India, regional differences exist in shape and colour,” said Dr. Debraj Shome, Cosmetic Surgeon & Director, The Esthetic Clinics

“Earlier, there was no other study conducted to determine how the Indian’s age. This is a one-of-its-kind study of various ageing patterns amongst Asian Indians. It will help Indians stay younger, reverse ageing by tackling those early signs of ageing such as crow’s feet, nasolabial folds, fat bags and loss of cheek volume highlighted Dr. Rinky Kapoor, Cosmetic Dermatologist & Dermato-Surgeon, The Esthetic Clinics

“India is a country of immense diversity, culture, different climatic conditions, and geographic locations. In India, regional differences exist in shape and colour that varies from region to region and get exacerbated due to ageing. Overall facial height of North, Indians were larger than that of South Indians. Also, the facial width of South, Indians is broader compared to North Indians, in both genders. The people from West Bengal can have broad to very broad faces.” said Dr Shome.

The Causes of ageing
“Structural facial ageing is mainly caused by volumetric fat loss, skeletal resorption, and redistribution of skin and soft tissue. In a younger face, superficial and deep fat is distributed evenly. With ageing, fat loss and hypertrophy cause irregular topographic changes on the face. These changes develop on the temples, cheek, and lateral chin. It further gets enhanced by bone resorption of the mandible and loss of lip volume. All this contributes toward the sagging of the overlying skin, leading to the variability of ethnocentric features of both facial structures and beauty,” said Dr Shome.

Understanding the ageing process
“The process of ageing is a combination of intrinsic and extrinsic factors. Skin types in Indians can range from Fitzpatrick type II to type VI skin, amongst various Indian regions. The phenotypic variations within India, based on the different geographical regions, cannot be ignored. It is very important to consider all these facts while studying the ageing process, as different races age differently. The early signs of ageing were seen in Indians in the age group of 35-40,” said Dr Rinky Kapoor.

Following are the ageing signs Indians MUST watch out for…

Crow’s feet
Crow’s feet are the wrinkles usually formed on the lateral aspect of the eyes with ageing. During facial expressions, persistent accordion-like contractions of the lateral orbicularis oculi muscle lead to its origin. Ptosis and laxity of the muscle also contribute to the same area were noted as early as 35–40 years of age.

Tear Trough Deformity
The tear trough is a 2–3 cm depression inferior to the pseudo-herniated orbital fat in the lower eyelid. The tear trough defect is a very common esthetic concern in Indians, even at a young age. Indians aged 20–30 years presenting with tear trough deformity mostly requires treatment for the medial hollowness. It may occur due to ageing, chronic exposure to sunlight, and tropical temperature. The mean age of occurrence of tear troughs to be 40–60 years, with initial signs as early as 35–40 years. North and East Indian population develop it earlier compared to the West and South Indian ethnic groups

Nasolabial Folds
Nasolabial folds can be attributed to the age-related facial sagging, loss of skin elasticity, and adipose tissue accumulation. The nasolabial folds were seen more commonly in women compared to men of the same age group. The folds developed early in East and West Indian ethnicities compared to the North and South Indian populations. Also, it was noticed that the South Indian population shows least nasolabial folds in the older age group of >70 years of age.

Marionette Lines
With advancing age, commissural skin begins to sag, causing mandibulo-labial folds. This further leads to depression around the corners of the mouth, which we often refer to as marionette lines. This gravity-dependent movement of the malar fat pads coupled with the decrease in the perioral volume as well as deepening of the nasolabial folds shapes the ageing midface. 38% of the Indian women over 30 years showed moderately to severely pigmented marionette lines.

Fat Bags and The fullness of Buccal Fat
McCurdy et al. mentioned that there is a substantially lower incidence of fine wrinkles in both darker and more lightly pigmented Asians, due to the increased dermal thickness. This can make lower lids look the looser and make under-eye bags more prominent in 40 years, resulting in an older appearance.

Loss of Cheek Volume Just below Zygomatic Arch
With ageing, there is deepening of nasolabial folds, subsequent hollowing of the cheeks, and loss of malar prominence. Also, there is the lengthening of the lower eyelid, increasing visibility of the orbicularis oculi muscle, along with enhancement of tear trough and formation of crescent/ “V”-shaped deformity along the maxilla and zygoma. The recession of the nasal alar cheek junction is also evident, as age advances. Individual fat compartments start becoming more discernible as separate entities rather than transiting smoothly from convexities to concavities as seen in youth.

Jaw Line Prominence and Neck Volume
A youthful jawline is a straight line marked from the chin to the mandibular angle. Increased soft tissue laxity, inferior migration of the jowl fat compartment, and shrinkage of the mandible cause loss of definition of the jawline. Also, with ageing, the oval face becomes squarer due to the increase in the neck volume. The loss of prominence is more significant in North Indians followed by West, East, and South Indian ethnic groups.

Dr Shome said, “beauty parameters are mostly influenced by geographical, cultural, and morphological variations, detailed knowledge of the morphological characteristics of face and aging process of the various geographic groups is crucial. Once the pattern, process, and the areas most affected by aging are known, it is easy to formulate guidelines which suggest the ideal age and the ideal method to carry out a specific cosmetic procedure.”

He added, “The Asian Indian population (as per our study) ages earlier than the reported ages in the Caucasian population (in other studies). This seems counterintuitive, given the melanin content in the Asian Indian skin and counterintuitive from what we have observed in our clinical practice as well.”

This study can open up a gateway for new proposals of enhancing the understanding of the current concepts and techniques in the fields of facial aesthetics and facial cosmetic surgery. It will surely benefit people to age like fine wine,” concluded Dr Rinky Kapoor.

Source:https://journals.lww.com/prsgo/fulltext/2020/03000/aging_and_the_indian_face__an_analytical_study_of.7.aspx
Plastic and Reconstructive Surgery – Global Open: March 2020

Glenmark introduces higher strength (400 mg) of FabiFlu(R) to reduce the pill burden of COVID-19 treatment

Glenmark Pharmaceuticals, a research-led, integrated global pharmaceutical company, today announced that it will introduce a 400 mg version of oral antiviral FabiFlu®, for the treatment of mild to moderate COVID-19 in India. The higher strength will improve patient compliance and experience, by effectively reducing the number of tablets that patients require per day.

A higher pill burden has been associated with lower adherence to therapy, the latter affecting viral suppression and overall treatment outcomes. Also reducing the pill burden has been a demand from doctors and patients to enable adherence. The 200 mg dosage of FabiFlu® required patients to take 18 tablets on Day 1 (nine in the morning and nine in the evening), followed by 8 tablets each day thereafter for a maximum of 14 days. With the new 400 mg version, patients will now have a more relaxed dosage regimen, with 9 tablets required on Day 1( 4.5 in the morning and 4.5 in the evening), and thereafter 2 tablets twice a day from Day 2 till the end of the course.

Explaining the significance of this development, Dr. Monika Tandon, Vice President & Head, Clinical Development, Global Specialty/Branded Portfolio, Glenmark Pharmaceuticals Ltd., said, “Being the first company to launch Favipiravir in India, we continue to innovate and seek new treatment options for Covid-19 patients. Introducing this higher strength of FabiFlu® is in line with these efforts to ensure a smoother experience for patients, by reducing their daily pill burden.”

“The 200 mg dosage of FabiFlu® was developed in line with global formulations of the drug Favipiravir, which had similar strength. The 400 mg version is a result of Glenmark’s own R&D efforts to improve the treatment experience for patients in India,” she added.

Glenmark has also commenced a Post Marketing Surveillance (PMS) study on FabiFlu® to closely monitor the efficacy and safety of the drug in a large pool of patients prescribed with the oral antiviralFavipiravir, as part of an open-label, multicenter, single-arm study. Glenmark is also conducting another Phase 3 clinical trial to evaluate the efficacy of two antivirals drugs Favipiravir and Umifenovir as a combination therapy in moderate hospitalized adult COVID-19 patients in India. The combination study which is called the FAITH trial is looking to enrol 158 hospitalized patients of moderate COVID-19 in India. Early treatment with combination therapy will be evaluated for safety and efficacy as it is emerging as an effective approach in shortening duration of virus shedding, facilitating early clinical cure and discharge of patients.

Adani Power Q1 FY21results

Adani Power Ltd, a part of Adani Group, today announced the financial results[1] for the first quarter of FY 2020-21.

Operating performance

Average Plant Load Factor (PLF) achieved during the first quarter of FY21 is 51%, as compared to 78% achieved in Q1 FY 20. The PLF is lower due to the decline in power demand following the announcement of a nationwide lockdown to combat COVID-19. Consolidated Units sold for the quarter are 12.7 BU, as compared to theQ1 FY20 sales volume of 16.5 BU.

Despite the lockdown, the 3,300 MW Tiroda plant saw good demand for power for a major part of the quarter, due to its advantageous position in the Maharashtra merit order. The 1,320 MW Kawai plant also saw improving PLF in the month of June 2020, after the lockdown was relaxed and power demand started to normalize.

However, the Udupi plant witnessed a sharp fall in PLF due to a slump in power demand. The Mundra plant self was also affected by lower power demand and subdued short term market tariffs.

On the other hand, all power plants were able to achieve or exceed normative availability under long term PPAs through diligent efforts, despite restrictions imposed during the lockdown, in fulfilment of their role as providers of the essential service of electricity generation.

Financial performance

Consolidated total revenue for Q1 FY21 stood at. 5,356 crore as compared to Rs. 8,015 crore in Q1 F20. Adjusted for one-time revenue recognition and prior period items, the normalized revenue for the quarter was Rs. 5,353 crore, as compared to Rs. 6,892 crore for the corresponding previous quarter.

Consolidated EBITDA for Q1 FY21 declined to Rs. 1,541 crore as compared to Rs. 2,894 crore for Q1 FY20. EBITDA for the quarter was lower mainly due to higher one-time income recognized in the corresponding quarter of the previous year, lower EBITDA of Mundra due to lower PLF, and incorporation of operating expenses of REL and REGL post-acquisition.

Depreciation and interest charge during the quarter were higher mainly due to the incorporation of the consolidation of REL and REGL.

The results of the corresponding previous quarter included an exceptional item of Rs. 1,004 Crore, pertaining to the write off of certain receivables and advances, owing to the acceptance of resolution plan submitted by the company for the acquisition of REGL (previously Korba West Power Co. Ltd.). In comparison, Q1 FY21 has not recorded any exceptional items.

The loss after tax and exceptional items for Q1 FY21 was Rs. (-) 682 Crore, as compared to a loss after tax and exceptional items of Rs. (-) 263 Crore for Q1 FY20. The Total Comprehensive Loss after Tax was Rs. (-) 705 Crore for Q1 FY21, as compared to a Total Comprehensive Loss of Rs. (-) 266 Crore for the corresponding quarter of the previous year.

Other developments

The Madhya Pradesh Electricity Regulatory Commission has approved a 25 year, 1,230 MW Power Supply Agreement (PSA) entered into by the Company’s wholly-owned subsidiary, Pench Thermal Energy (MP) Ltd. with MP Power Management Company Ltd. The power to be supplied under this PSA will be supplied by a greenfield, 1,320 MW Supercritical power plant to be set up in Madhya Pradesh under a Design, Build, Finance, Own, and Operate basis.

Adani Power Ltd. has also signed a definitive agreement to acquire a 49% stake in Odisha Power Generation Corporation Ltd. (OPGC) from the affiliates of AES Corporation, a US-based energy company, for the INR equivalent of USD 135 million. OPGC operates a 1,740 MW thermal power plant in Odisha, which includes a recently commissioned Supercritical capacity of 1,320 MW. It has a 25 year PPA with the Odisha Grid Corporation, and a dedicated captive mine in the State. Balance 51% stake in OPGC is held by the Odisha State Government.

Commenting on the quarterly results of the Company, Mr. Gautam Adani, Chairman, Adani Group said, “Adani Power continues to march ahead towards the achievement of its vision to play an important role in fulfilling India’sgrowing demand for electricity. The Adani Group has a strong belief in India’s economic fundamentals and potential and the role of the infrastructure sector in attaining long term growth. Achieving the Government’s ambitious targets for the infrastructure sector will call for a confluence of enabling policy actions, procedural reforms, and support from the financial sector, in order to reinvigorate investments by the private sector. We remain committed to sustainable growth and being an active contributor to nation-building.”

Mr. Anil Sardana, Managing Director, Adani Power Limited, said, “Having combated and overcome the challenge posed by the COVID-19 pandemic, our resolve is to excel in all spheres of our activity and to meet the aspiration of millions of Indian who don’t have access to affordable power, has only become firmer. As we continue to seize opportunities of value creation in a challenging market and a fast-changing competitive landscape, we are focusing on operational excellence and sustainability, while taking long term decisions to enhance our strategic capability and resource flexibility. We are committed to fulfilling our promise to all stakeholders and creating lasting value for the nation and society.”