CarBikeMovers Now Become India’s Largest Transport Network

Business World

CarBikeMovers Now Become India’s Largest Transport Network

Aug 9, 2020 by Neel Achary 0 Comments #carbikemovers, #carbikemovers.com, #Founder, #Rupal Bansal

Gurgaon, India: It may be noted that while the logistics business is fairly developed and technology abled, the packers and movers sector still lacks that advantage. When carbikemovers.com entered this market, 5 years back, the industry was scattered and unprofessional. There were individual bike transport companies who were handling the main transport business. The bigger packers and movers were mostly handling the home shifting business and car transport was still unorganised. With the expansion of carbikemovers.com began the process of transforming the transport network in India. What started off as a small network of bike movers, now forms the backbone of the car shifting and bike transport segment.

From a handful of IBA approved shifting companies attached to the website to thousands of trusted transport companies now, the business has come a long way. Carbikemovers.com now not only serves the customers by connecting them with the best shifting services but has also proved to be a boon for these smaller transport companies. A lot of professionalism has come into the shifting business with a big company like carbikemovers expanding its services. The shifting solutions offered have increased and so has the quality. The handling of vehicles, safety during shifting and customer handling have all gone many notches up with a professional company entering the sector.

Rupal Bansal, founder, carbikemovers.com told us about the journey, “We have now completed 5 years of serving the transport industry in India. We pride ourselves on being the top car and bike shifting aggregators in India with the largest transport network. We also feel immense satisfaction in the lakhs of happy customers we have served and the millions of business that we have provided tour hard working transporters. We hope to bring technological advancements and more professionalism in the business as the time advances.”

Carbikemovers.com is the logistics arm of Mynaa Tech Services Pvt. Ltd. and has been the pioneer in this business. The company has made major inroads in the logistics business and been at the helm of many new services. The website has supported several smaller transport companies and businesses by being an aggregators and listing them on their platform. The marketing opportunities offered by the website to small transport companies are huge for these beneficiaries. Currently, the company is celebrating its 5th year of incorporation and continues to serve the customers with more zeal and providing new breakthroughs in its shifting solutions.

Business World

Systweak Revamps Check Data Usage Android App

Aug 9, 2020 by Neel Achary 0 Comments #Systweak Software

Jaipur, India: Known for its plethora of optimization tools for various platforms, Systweak Software have yet another update. Check Data Usage the Android app for users to keep a close eye on their internet data has been updated with some new features. With this new update, two new modules – quick data usage calculation and internet speed test are added. Alongside, a more interactive user interface and an advanced & upgraded scan engine for faster results are also added.

Check Data Usage as the name implies helps keep a check on both Wi-Fi and mobile data consumption. It makes managing mobile data usage easy and helps save on monthly phone data bills. Further, the app allows users to set data limits and get usage notifications when the set limit is surpassed. It also differentiates between the data consumption done via mobile and Wi-Fi.

New features worth mentioning are:

New Intuitive User Interface

Faster and Upgraded Engine

Internet Speed Test Module

Quick Data Usage Calculation

“Data is important to stay connected but saving on monthly mobile data bills is also important. One big way to save is to change mobile habits and reduce mobile data consumption. Check Data Usage is already helping Android users achieve this. And now with two new features added to it, limiting mobile data, knowing the speed of the internet, and calculating data usage will be easy. This will help save on mobile data bill and decide the best plan to use,” said Mr. Shrishail Rana, CEO, Systweak Software.

“We are constantly working towards making our apps better and useful for users. Now people can check their internet speed, get data consumption details easily and quickly without any problem. With the help of the new interface, data will be managed effortlessly and users can stay away from unnecessary expenses,” says Praveen Khanna, Vice President, Development, Systweak Software.

Check Data Usage for Android helps in real-time mobile and Wi-Fi data usage monitoring. Alongside it helps set usage alerts, works with any plan, provides separate information about cellular and Wi-Fi data usage.

For more details, please visit the Google Play Store page for Check Data Usage.
https://play.google.com/store/apps/details?id=com.systweak.checkdatausage&hl=en_US

Business World

Procurement in SAP with New Business Partner Portal by xSuite Group

Aug 9, 2020 by Neel Achary 0 Comments #New Business Partner Portal

Ahrensburg, Germany: With its new development for the cloud, the xSuite Group provides SAP user companies with a central platform for performing standardized, digital procure-to-pay processes with suppliers. Purchasing, Accounting and suppliers exchange all data and documents related to procurement via the portal. Automatic transfer of all data and documents from the portal to the SAP system relieves the Purchasing and Accounting departments. The “xSuite Business Partner Portal Sphere” is operated via the SAP Cloud Platform (SCP). The product is geared towards SAP user companies with SAP ERP or SAP S/4HANA in use.

With the new Business Partner Portal of the xSuite Group, the purchasing department can continue working in the SAP environment it is familiar with. Purchase orders are generated and automatically made available to the supplier in the portal. The supplier can independently generate all subsequent documents -order confirmations, shipping notifications, invoices, credit notes – from the purchase order and transfer them back to the Purchasing department via the portal. Alternatively, the supplier can upload these documents In both cases, the Business Partner Portal automatically transfers the documents and data to the customer’s SAP system.

All information and documents are available for the purchasing department directly in the SAP system for processing. For those involved in the purchasing process, this means that documents no longer need to be printed out and mailed. The entire procure-to-pay process is much faster, and errors resulting from switching systems are eliminated.

The Business Partner Portal offers suppliers helpful functions such as the “self-service” option. This means that a new supplier, for example, can enter necessary information such as contact data and bank details himself. A workflow is started, and after release, the master data in the SAP system is stored for the supplier. Suppliers can also update their data this way.

The Business Partner Portal of xSuite also contains a function that enables companies to strengthen their liquidity in a targeted manner:

Via the portal, it is possible for the supplier to offer several payment terms with different discount levels. The purchasing company can accept or discard these discount offers. In addition, they can request a discount offer.

With its new development, the xSuite Group supports SAP’s strategy of bringing its customers into the cloud. In the future, extensions and in-house programming will be compatible with the SAP Cloud Platform (SCP). Since the new xSuite portal was developed for SCP, its compatibility with current and future SAP releases is optimally ensured.

Business World

Sake Startup Go-Sake Releases First Sake Gelee

Aug 9, 2020 by Neel Achary 0 Comments #CEO of Go-Sake, #Dr. Bastian Schwithal, #Japanese Sake

Berlin, Germany: Japanese Sake is becoming more and more popular among foodies around the globe since sake is a remarkable beverage to pair with food. Sake has a large number of textures that can be a true joy to play with when dealing with food and the range of these flavors and fragrances are incredibly diverse.

“After working closely together with many chefs and restaurants within the recent years, we learned that the use of sake in food pairings and cooking is extremely multifarious, and therewith the potential forsake is enormous,” says Dr. Bastian Schwithal, CEO of Go-Sake.

“One field where the use of sake is in our opinion still underrepresented is modern pastry and desserts. Here we want to introduce with our new vegan Sake-Gelee a versatile tool for pastry/dessert creations and also a Japanese enrichment to any breakfast and coffee table as delicious spread for croissants, toasts, crackers and cheese.”

Go-Sake produces the Sake-Gelee in Berlin with the experts of Eisenbergs Berlin as a 100% craft product, with just the best ingredients, like awarded craft sake.

The Go-Sake Gelee is now available online via: www.go-sake.com and at Eisenbergs Berlin.

News

FLO Hyderabad Held a Tree Plantation Drive as part of Govt. of Telangana’s Haritha Haram Program

Aug 8, 2020 by Gouri Achary 0 Comments #FICICI Ladies Organisation(FLO), #Govt. of Telangana’s Haritha Haram Program, #Ms. Usharani Manne, #Tree Plantation Program

About 25 members of FICCI Ladies Organisation (FLO) Hyderabad Chapter participated in a Tree Plantation Program held at Road No. 10C, Jubilee Hills in Hyderabad on Sunday morning, in partnership with GHMC.

It was planned as part of Haritha Haram, a large-scale tree-planting program implemented by the Government of Telangana to increase the amount of tree cover in the State from 24% to 33%.

Haritha Haram is the biggest green initiative taken up the Government of Telangana. Over the 3years since its inception, 87 crore saplings have been planted in and around the Twin Cities.

Said Usharani Manne, Chairperson, FLO Hyderabad, “FLO is very happy to take part in this drive that too in these times of pandemic. As an Organisation with members spread out across India, we feel it is our responsibility to participate in social initiatives such as this. Telangana was the first State in the Country to embark on such a flagship greening program to rejuvenate the degraded green cover in urban spaces and forest areas.”

It was proposed to plant and rejuvenate 230 crore saplings through this program, and the Government has achieved remarkable progress thus. As members of FLO, we are happy to pledge our support to this meaningful endeavor”, Usharani Manne added.

“Trees play a very important role in increasing urban biodiversity. A full grown-up tree can absorb up to 150 kg of CO2 per year. Plantation in urban spaces assumes more importance especially in cities like Hyderabad with high levels of pollution, trees can improve air quality, making cities healthier places to live in,” stated UshaRANI Manne.

The 25 members of FLO actively participated in the program organized at 9 AM wherein they planted the samplings and watered them. “We have planted 300 saplings and donated 300 tree guards”, shared Usharani Manne.

“If you take CARE of nature, nature will take care of us”, added a participant.

“Building greener cities is very important because 50 per cent of the world population is now living in cities and their percentage is likely to go up”, shared another participant.

News

Indian Philanthropic Community comes together to support 10 million+ migrant workers; launches the Migrants Resilience Collaborative platform

Aug 8, 2020 by Gouri Achary 0 Comments #a leading NGO, #Ashif Shaikh, #CEO, #co-Founder, #EdelGive Foundation., #Global Development Incubator and EdelGive Foundation, #Jan Sahas, #Migrants Resilience Collaborative (MRC), #Vidya Shah

Mumbai, August 8, 2020: India’s leading philanthropists have come together to introduce the Migrants Resilience Collaborative (MRC), India’s largest grassroots-led multi-stakeholder collaborative of nonprofit, philanthropic, and private sector actors committed to ensuring safety, security, and mobility for vulnerable migrant families across India. Launched by Ashif Shaikh, co-Founder, Jan Sahas, a leading NGO who that been working with migrant communities over the last decade to ensure their social protection and safe migration, the MRC has an ambitious goal to reach out to over 10 million+ migrant workers and their families in 100 districts and cities pan India over the next 5 years.

Committed to delivering social security entitlement, providing access to responsible recruitment and strengthening tracking, worker protections, welfare and redressal, the Steering Committee comprising of some of India’s leading philanthropists and leaders with deep experience across sectors like Ashif Shaikh, Co-Founder, Jan Sahas, Vidya Shah, CEO, EdelGive Foundation, Anu Aga, Former Chairperson, Thermax Limited, Rati Forbes, Director, Forbes Marshall Group, Arun Maira, Former Member, Planning Commission of India, Kumar Gera, Chairman, Gera Developments Pvt. Ltd, Lalita Vadia, Former migrant worker will lead and guide MRC’s strategy.

Jan Sahas, along with strategic partners- Global Development Incubator and EdelGive Foundation, is working with a wide range of partners and advisors to strengthen strategies for MRC to implement. The strategic partners will provide support to the collaborative on Collaborative strategy, design and governance; program strategy and design; fundraising, external stakeholder engagement and partner management.

‘While the civil society, philanthropies, private and Govt. sector coalesced to provide immediate relief to migrant community, there is a crying need to transition from relief to focusing on core needs of migrant workers to build medium to long-term resilience as the country prepares for the long road to economic recovery and the possibility of multiple waves of COVID. MRC is an endeavour to address these needs.’ – Ashif Shaikh, Co-Founder, Jan Sahas.

‘In the wake of the on-going pandemic, it has become critical to address the long road of recovery and resilience we foresee, particularly for communities such as migrant workers that are most vulnerable to such calamities. Through the Migrant Resilience Collaborative, we hope to enable access to entitlements and responsible recruitment for our migrant workers, alongside strengthening initiatives towards their welfare and protection. At EdelGive Foundation, we are committed to supporting the collaborative and urge others to join us in our mission to support this community further.’ – Vidya Shah, CEO, EdelGive Foundation.

‘Economists consider workers as commodities in ‘labour markets’—to be bought and sold for a price. And employers sadly treat them only as resources—to be used and discarded when not required. This must change because workers are human beings with citizens’ rights in society.’ – Arun Maira (Former Member Planning Commission)

In last few months, Jan Sahas has facilitated relief for >1 million families across 19 states, working with 40+ CBOs and 40+ donors; contributed >1 million of the 4 million workers connects for Govt’s skill mapping initiative and facilitated BOCW registration for >58,000 workers.

Business World

Learnitude Technologies is now Quocent!

Aug 8, 2020 by Gouri Achary 0 Comments #Learnitude Technologies is now Quocent. In Malaysia, #Malaysia, #we will be Quocent Sdn. Bhd. and India – Quocent Pvt. Ltd.

We are excited to announce that Learnitude Technologies is now Quocent. In Malaysia, we will be Quocent Sdn. Bhd. and India – Quocent Pvt. Ltd. We got approval from concerned authorities to rename to QUOCENT from Learnitude Technologies.

The main objective of behind the name change is to revamp the company and follow the path of new technologies at a pace to help our clients and business partners. The vision of the company is described in the following lines that include the faster growth, adoption of new technologies and fulfil ethical responsibilities.

In this fast-changing world of technology, the limit has a liquid definition. Quocent is committed to exploring the vast expanse of knowledge in technology to fulfil its ethical responsibility to levitate and leverage the society towards a more connected and accessible world, where limits will only be a national reality.

Our international headquarter is located in Kuala Lumpur, Malaysia whereas our global technology and development centre is located in Bhubaneswar, Odisha state, India. We have been delivering turnkey solutions to our clients across the SEA region and other parts of the world.

Quocent has been recognized by the Odisha government, many industry bodies like the World Trade Center in India. Whereas in Malaysia, our services & commitment accolade by both governmental and private organization. Both the companies – India & Malaysia – have been performing and helping SMEs, MSME, companies & industries by developing innovative software solutions. We have developed many robust solutions, and recently joined hands with our business partner to deliver COVID-19 mobile app for the Malaysian government.

Saswat Kumar Panda is the CEO & Director of Quocent Sdn. Bhd. and is the CEO & Managing Director of Quocent Pvt. Ltd., he has been guiding the business leaders, stakeholders and staff to deliver the best to help our business in the path of digital transformation. Under his able leadership, the company is able to add many feathers to its wings and modern world-class solutions to its solutions portfolio. Saswat is a mentor to many startups and providing handholding support to budding entrepreneurs & technology enthusiasts.

It is the beginning with the name change, but our vision is the big one – to deliver solutions and help fulfil our ethical responsibilities. We are working for a better digital environment that gives a room for innovation and sustainable growth to business as well as to society. Our new website is www. quocent.com.

Business World

DISCOM dues balloon to Rs. 1.199 trillion

Aug 8, 2020 by Gouri Achary 0 Comments #(TANGEDCO), #DISCOM, #Independent Power Producers (IPPs)., #Ministry of Power’s (MoP) payment ratification and analysis portal (PRAAPTI)

Power distribution companies across states are in bad shape. According to recent audit reports, DISCOM losses have grown bigger than the earlier estimate. Data from the Ministry of Power’s (MoP) payment ratification and analysis portal (PRAAPTI) showed that 65 DISCOMS owed 197 power generators ₹1.199 trillion in overdue payments (Up by 5.33% vis-à-vis May’20). Nearly ₹905.77 billion at the end of March 2020.

Among these, Rajasthan had the highest overdue payment at ₹349.37 billion. Tamil Nadu had the second-highest amount of overdue payment at ₹175.29 billion, of which ₹149.11 billion has been overdue for over 60 days. Uttar Pradesh was at the third spot with overdue payments of ₹144.09 billion, of which ₹104.85 billion has been overdue for more than 60 days. (Source: PRAAPTI portal)

Among the southern states, Tamil Nadu’s position is most stressed. The worrying fact is that the state payables are pilling month over months and not giving any respite to generators. The state has not revised the tariff for many years despite the power debt situation going out of control. Tamil Nadu Generation and Distribution Corporation (TANGEDCO) owes more than Rs 6,000 Crs to Interstate Independent Power Producers (IPPs). Few of the IPPs have written letters to TANGEDCO for encashing the Letter of Credit (that has been provided after MoP’s intervention last year July) if payment is not released to them promptly.

DISCOMs are currently facing a range of issues such as operational inefficiency, unrealistically low tariffs and sharp fall in industrial power demand which is affecting their ability to pay power suppliers on time putting huge financial stress on generators.

Business World

PRAHAR calls for fast track implementation of EIA 2020 for sustainable environment protection

Aug 8, 2020 by Gouri Achary 0 Comments #an NGO, #Environmental Impact Assessment (EIA) 2020, #Forest & Climate Change (MoEF&CC), #Ministry of Environment, #PRAHAR (Public Response Against Helplessness and Action for Redressal)

PRAHAR (Public Response Against Helplessness and Action for Redressal), an NGO dedicated to finding solutions for problems of the helpless has congratulated Ministry of Environment, Forest & Climate Change (MoEF&CC) for coming up with the new progressive draft of Environmental Impact Assessment (EIA) 2020 and has urged the government of India to fast track its approval and implementation. EIA 2020 if approved in its current form will address the three cornerstones of development – environmental and ecological protection, social development and economic progress, and thereby help accelerate livelihood creation at a time when India needs more jobs and fast. It is a bold step in the direction of the PM’s vision of an Atmanirbhar Bharat.

EIA 2020 is aimed at making the environment impact assessment for the proposed projects more transparent and expedient through the implementation of an online system, further delegations, rationalization, standardization of the process, etc. It will also help in streamlining the process, decentralization, and implementation of various orders of courts and the National Green Tribunal.

Welcoming the draft Environment Impact Assessment (EIA) Notification 2020, Abhay Raj Mishra, President and National Convenor, PRAHAR said, “The new draft Environmental Impact Assessment or EIA 2020 notification is a progressive move. It is particularly encouraging to see that this law gives due importance to the knowledge-based project appraisal process. EIA 2020 can be a game-changer as it gives deserving position to subject matter experts in the clearance of megaprojects thereby paving the way for the transformation of India into a knowledge-based economy.”

He further added, “EIA 2020 seeks to consolidate the incremental amendments to the 2006 notification and operationalise decisions of various courts by establishing a predictable regulatory regime for environmental clearance. This can give a much-needed push to livelihood creation at a time when the world is dealing with its worst economic slump. At PRAHAR, we are positive that the proposed changes in the EIA 2020 will bring development to the aspirational districts of the country without compromising on the flora and fauna of the region.”

The salient feature of EIA 2020 is the introduction of the concept of the economic and social management plan (ESMP). This will ensure that projects which are not conducive to environmental goals do not get clearance in the first place rather than being allowed to start only to be stopped in between. It relies on the expertise of subject matter experts in granting project clearance and will curtail malpractices in the environment clearance process.

The other significant improvements in EIA 2020 include:

• Prudent practices of penal provisions on the violation and strong annual compliances

• Division of the projects among the district, state, and national level to ensure that the entire administration system is justly utilized without anyone being overburdened

• Increase in the number of stages for Prior Environmental Clearance from 4 to 6 to ensure the protection of the environment at each and every stage.

It builds on EIA 2006 which has helped in realizing necessary environmental safeguards by assessing environment impact due to the proposed projects at the planning stages itself.

Business World

Adani Transmission Limited Consolidated Results for Q1 FY2021

Aug 8, 2020 by Gouri Achary 0 Comments #a part of the Adani Group, #Adani Group, #Adani Transmission Ltd, #Adani Transmission Ltd. (“ATL”), #Chairman, #MD & CEO, #Mr. Anil Sardana, #Mr. Gautam Adani, #Results for Q1 FY2021

Adani Transmission Ltd. (“ATL”), a part of the Adani Group, today announced the financial results for the quarter.

COVID-19 impact:

Transmission: Power sector is an essential service with must-run status. Our lines are operating at
99.9% availabilities and there is no adverse impact on billing.

Distribution: Due to lockdown, even though power demand is down due to lower consumption by
industrial and commercial consumers slightly offset by retail demand, Distribution business being
a regulated asset there is no significant impact on EBIDTA margin.

Liquidity position: The Company maintains enough liquid investments and working capital lines to
meet its obligations in FY21.

Because of COVID-19, there was no impact on Transmission business, however, distribution business got affected due to lower power demand from C&I customers which had an impact on overall consolidated performance. However, the Company is also entitled to delay payment surcharge for delayed payment by customers.

Other Key Highlights:

 Acquisition of “KhargharVikhroli Transmission Private Limited” from Maharashtra State
Electricity Transmission Company Ltd.
 Signed SPA agreement with Kalpataru Power Transmission Limited for the acquisition of
“Alipurduar Transmission Limited” in July 2020.

Economic activity in Mumbai is picking up post relaxation in lockdown. We noticed
improvement in power demand in July 2020 and accordingly the collection scenario has
improved substantially.

Note 1: Q1FY21 Operational Revenue and Operational EBITDA doesn’t include Rs. 330 Cr. APTEL order in favour of MEGPTCL *ASAI – Average Service Availability Index

Speaking on the performance of the company, Mr Gautam Adani, Chairman, Adani Group, said, “We are steadfast in our pursuit of energizing and ensuring continuous power supply across all regions
through our assets in India. Adani Transmission is well-positioned to deliver exponential growth and we
are working towards fulfilling our nation’s electricity needs and strengthening our position as a world-class utility. Our increasingly sustainable practices will help ensure ESG driven goals, one that will benefit not only key stakeholders but the entire nation”

Mr Anil Sardana, MD & CEO, Adani Transmission Ltd, said, “Adani Transmission has evolved over the past few years from a high growth developing company to a growing cum mature asset operation company with minimal throughput risk. ATL is constantly benchmarking to be best in class and is
pursuing focused approached to be world-class integrated utility through development agenda coupled
with de-risking of strategic and operational aspects, capital conservation, ensuring high credit quality and forging strategic partnerships for business excellence and high governance standards. ATL is striving to achieve consumer participation and 24×7 quality power supply despite being disrupted by health and pandemic challenges. The journey towards robust ESG framework and practising a culture of safety is being made integral to its pursuit for enhanced long-term value creation for all stakeholders”