Media Bulletins - Today News Bulletin in English

Precautions Pregnant Women Need to Take In Unlock Phase, By Dr Pratima Thamke, Consultant Obstetrician & Gynaecologist, Motherhood Hospital, Kharghar

Aug 4, 2020 by Gouri Achary 0 Comments #Consultant Obstetrician & Gynaecologist, #COVID-19, #Dr Pratima Thamke, #Kharghar, #Motherhood Hospital, #Precautions Pregnant Women Need to Take In Unlock Phase

Are you pregnant? Then, don’t worry! We brief you about the precautions you need to take + how to opt for a safer delivery.

In the challenging times of COVID-19, pregnant women need to be extra cautious during the unlock phase. This is so because the immune system’s efficacy dips during pregnancy, which places pregnant women at a higher risk of contracting many transmissible illnesses, whether food-borne or respiratory.

The Novel Coronavirus spreads through respiratory droplets sent into the air when a person who has COVID-19 coughs or sneezes. It may also spread when someone touches a surface infected by a person who has the virus. One reason to worry about COVID-19 during pregnancy is that women are prone to become severely ill with flu. This is because pregnancy suppresses the immune system.

Here we list out a few measures that pregnant women will have to followCOVID-19

∙ Avoid going out unless it is very essential. In case you are likely to be out for some time, carry your own water bottle and snacks.

∙ Ensure that you wear a mask and encourage others also to do the same. Do not touch your eyes, nose, or mouth without cleaning your hands. Cover your mouth while coughing and sneezing. See to it that you do not come in contact with people who are sick.

∙ Avoid using public transport. It’s best to use your own vehicles.

∙ Though, there are few relaxations you must avoid handshakes and hugs. Use hand sanitizer if you touch someone or something like side rails, lift buttons, work desks, poles, and other’s mobile.

∙ Avoid using public washrooms in case you happen to venture out of the house.

∙ Follow social distancing in lifts. If stairs have been used, use sanitizer immediately after touching side rails.

∙ Always stay in a ventilated place with good air circulation. Ensure doors and windows are kept open.

∙ Build a strong immune system by including fresh fruits and vegetables in your diet. Avoid processed, junk, and oily food.

∙ Once you are back home, wash your hands and change your clothes to fresh ones. Do not stay out for a long time.

∙ Avoid calling visitors at home- if unavoidable, follow strict hand hygiene. Do not touch any items brought from outside before they are thoroughly cleaned.

∙ Seek medical care if you live in highly-affected or at-risk areas and have fever, cough or difficulty breathing.

∙ Mothers should wear a mask when feeding their baby; wash hands before and after touching the baby, and routinely clean and disinfect surfaces. Continue to hold the newborn and perform skin-to-skin care.

∙ Ask the doctor about the safe birth plan in place to reduce anxiety and to ensure they get to the place on time. Continue medical support, including routine immunizations, after the baby is born.

∙ Do things that make you happy and put your mind at ease. Take all the precautions mentioned above and do not stress too much if your due date is nearing, as hospitals have a system in place for safe deliveries and to ensure minimal risk of exposure for newborns.

News

Samarpit Kanwatia’s association with Jeevanrang Foundation for a Webinar on Astrology

Aug 4, 2020 by Gouri Achary 0 Comments #National Astro -Vastu Excellence award, #Remove term: Jeevanrang is a foundation established in 2007-08 Jeevanrang is a foundation established in 2007-08, #Remove term: Parth Govilkar and host Rajesh Gohar ecstatic Parth Govilkar and host Rajesh Gohar ecstatic, #Remove term: Samarpit Kanwatia Samarpit Kanwatia

Samarpit Kanwatia, Mumbai based renowned celebrity astrologer gave a 45 minutes power-packed session on Astrology-Fact VS Myth. The live session was held on Facebook and YouTube channel, simultaneously. It went live in five countries- India, New York, London, Dubai, and Australia. The session was attended by many Astro enthusiasts and was a huge success. The live session was conducted on the social media platform of Jeevanrang foundation and its subsidiary youtube channel-Life Recharge.

Jeevanrang is a foundation established in 2007-08, taking inspiration from Police inspector Shri Sanjay Govilkar – A recipient of the “President Police Medal for Gallantry” award. He is also an excellent writer and author worth his might. Jeevanrang foundation and Life Recharge has provided answers to many of the life-changing questions through interviews or seminars with various dignitaries from different fields and have succeeded in making people’s lives more informative and easy.

Interacting on such a powerful platform, organized by Parth Govilkar and host Rajesh Gohar ecstatic Samarpit Kanwatia said, “I am overwhelmed with the response I have got from the viewers. It feels very nice when you touch the hearts of people and make a difference in their lives. I am happy to see such a strong inclination among people towards astrology. We now have an audience who understands and can decipher between what are the various myths and are eager to know the fact. Today’s generation is curious, ready to adapt and accept the fact. This session’s success has encouraged me to come up with more such sessions. I will be happy to share my knowledge and make them understand how astrology works”.

Samarpit Kanwatia got into the field of astrology more than a decade and a half back and has numerous clients, pan India, and in different parts of the world. He can be best described as a new age astrologer. He breaks all conventional formats and procedures of astrology to bring to you this subject and its core, the way it is.

Adding further he said, “Astrology is a science and like any specialization, it has its grammar, though the application of the same differs from astrologer to astrologer. An Astrologer in his best of capability will only wish good for you but they “cannot change destiny” They can enhance your good and minimize your bad. Rest depends on your “karma”. Never expect miracles from astrologers. Take their say as guidelines only”.

A recipient of the National Astro -Vastu Excellence award, Samarpit Kanwatia, has been bestowed with numerous awards for his remarkable work in the field of astrology. His clientele list includes many influential Media personalities, Business houses, Corporates, Lawyers, Doctors, Royals, and various other people from different walks of life.

Technology

Taiwan’s Textile Machinery Moves Forward with the Help of Smart Technologies

Aug 4, 2020 by Gouri Achary 0 Comments #ACME MACHINERY, #AM-ICD Intelligent Conveyor High-Pressure Constant Speed Dyeing Machine, #PaiLung Online Monitoring System (POMS), #Taiwan Textile Research Institute

The rapid spread of Covid-19 is causing the world to go into recession in the first half-year. According to Ministry of Economic Affairs, R.O.C.’sDepartment of Statistics and the prediction of the Taiwan Textile Research Institute, the gross output value of Taiwan’s textile industry is seeing a decline of 19.4% compared to the same season last year. The epidemic is having a great impact on Taiwan’s textile industry. As new COVID-19 infections remain rare within Taiwan and other countries are lifting lockdowns, demand for textile products is predicted to rebound. It is expected to drive demand for textile machinery.

With the industry recovery and the driving force of industry 4.0, Taiwan’s textile industry aims to innovate, intellectualize and automatize in order to achieve low-volume manufacturing and customized production. The high standard of quality and bespoke services makes Taiwan’s textile industry competitive in the global market. Originality is the key point in Taiwan’s future development and Taiwan’s textile industry acts as a key player by leading business trends with its innovation, patent layouts and strategies.

Taiwan’s textile industry is also becoming more intelligent in response to pre-existing industry trends through improving garment quality and meeting customers’ needs with the use of modern technologies. Discussions and debate about upstream materials, digital equipment, production lines and clients, as well as the effective use of IoT, big data, cloud computing, and AI smart management, permeate the industry. Offering remote customer services using digital technologies and bespoke customization of designs, in addition to differentiating products from competitors for clients’ individual needs within limited timeframes are top priorities.

Many Taiwanese textile enterprises are introducing Smart Textile Solutions and products. For instance, PaiLung Online Monitoring System (POMS) developed by PaiLung, one of the top 3 circular knitting machine manufacturers in the world, is an integrated management platform for knitting mills. It’s able to communicate with PaiLung knitting machines from different areas via TCP-IP architecture based on a 32-bit ARM controller. Through WLAN, managers are able to access all information and control the system anytime and anywhere via their handheld devices.

Another example is dyeing machine expert, ACME MACHINERY, who have developed their AM-ICD Intelligent Conveyor High-Pressure Constant Speed Dyeing Machine. This revolutionary innovation breaks the traditional mould by replacing the water conveyor system with the mechanical force of conveyor belts and using intelligent management to reduces labour costs. This machine also achieves water-saving rates of up to 65%, owns patents in more than 100 countries and saves energy to benefit the green economy.

Covid-19 has presented many challenges for economies and industries all over the globe and, in response, Taiwan’s textile industry enterprises from upstream to downstream are working together for the industrial transformation that is now occurring. Small companies brand themselves with the integration of software and hardware, big companies utilize production moulds combined with the use of cloud technology and automation to improve efficiency, and as we move forward the strong foundation of modern industry 4.0 is providing greater value to our enterprises. The future is here now!

Business World

EKKI Pumps becomes a Case Study at Prestigious INSEAD B-School

Aug 4, 2020 by Gouri Achary 0 Comments #“Sustainability in Asia”, #Co-CEO Kanishka Arumugam, #Professor of Entrepreneurship and Family Enterprise, #Pumps and Water Technology provider EKKI, #Stephen J. Mezias

Chennai 4 August 2020: Pumps and Water Technology provider EKKI has now become a part of the MBA curriculum at INSEAD Business School, which is rated consistently one among the world’s top 3 Business Schools. The study has been included in the MBA reading list for the subject “Social Entrepreneurship and Innovation”

INSEAD has created a case study on the challenges, growth and transformation journey of EKKI. The case study narrates the reinvention of EKKI beginning in 2013 and covers how EKKI transformed itself into a sustainable water technology provider from DECCAN Pumps starting in 1981 with a deep commitment to quality, sustainability and value delivery to its customers and members.

The case study titled “Sustainability in Asia” is authored by Professors Stephen J. Mezias (INSEAD), Indira Pant (National University of Singapore) & Rikki Abzug, (Ramapo College of New Jersey). The study will be available for teaching purposes within and outside the INSEAD community.

Sharing his thoughts, Stephen J. Mezias, Professor of Entrepreneurship and Family Enterprise at INSEAD, said,-“In our case study Sustainability in Asia, we interviewed the leaders of six successful medium-sized family firms based in South East Asia about their efforts to make their organizations more sustainable. EKKI, which was the only firm based in India in our study, was archetypical: with generational change, external orientation, and a focus on innovation to help the community being key factors driving them towards sustainability.

He further goes on to say-“Their mission, to become the leading provider of sustainable water solutions, in India and globally emphasized the kind of fundamental societal change that all of the firms pursued. Coming from India, their emphasis on becoming an emerging market champion represented a goal not only for themselves but also for the nation.”

Commenting on the company’s Sustainable Water Solutions focus, EKKI’s Co-CEO Kanishka Arumugam, said,-“We are privileged and honoured that EKKI has made it to the MBA Curriculum of INSEAD which is ranked consistently as one among the world’s top 3 Business Schools. Global warming and population growth have led to a massive increase in the use of water. Nearly 1.2 billion people on the planet do not have access to potable water and an estimated 2 million people die each year due to unsafe drinking water and inadequate sanitation. It is estimated that nearly half the world’s population will face severe water crisis by 2035. Global Pandemic caused by water pollution is also a big risk for humanity.”

He further added- “Despite this, ‘Water is one of the least technologically influenced industries, so it holds big opportunities for EKKI.’ From office towers to factories to homes and agriculture, the need for clean water has never been greater. “The future wave is water sustainability, and EKKI will be part of it. At EKKI we believe our businesses should add value and also be a force for good. EKKI’s goal is to ‘Provide access to Clean Water using cutting edge technologies and sustainable ways’. This has been our fundamental purpose since 1981.”

INSEAD’s case collection has garnered praise for its remarkable intellectual richness and global diversity, providing robust insights that blend both theory and practice from many different countries and cultures. INSEAD cases not only stimulate class discussion by presenting crucial management issues, but they also challenge students to learn how to make better strategic decisions and become stronger leaders.

Business World

Comic-Con India concludes the Digital edition of Pop Culture Forum 2020, presented by Maruti Suzuki Arena

Aug 4, 2020 by Gouri Achary 0 Comments #Asvin Srivatsangam and Vivek Rangachari, #Comic Con India, #Comic-Con India Pop Culture Forum 2020, #Founder, #Ishaan Arya -Co-Founder of The E-Sports Club and Soham Thacker- founder, #Jatin Varma, #The Business Of Pop Culture In Times Of COVID, #the founding team of Yali Dream Works

Comic Con India successfully rounds off the digital edition of the ‘Pop Culture Forum 2020’ presented by Maruti Suzuki Arena. The event took place from 27th to 28th July 2020 exclusively on CCI Social Channels.

Although hosted as an invite-only live event till now – with the pandemic out there, the situation has provided Comic Con India with an opportunity to host the forum digitally and bring to the audience all the panels, featuring some of the best talents in the pop culture industry.

The one-of-its-kind conference in India. Pop Culture Forum was an astounding view of the burgeoning pop culture industry in the country, featuring panels & talks from key industry players along with the Comic-Con India Industry Awards, recognizing the best in Comics & Pop Culture in the country. The forum witnessed interesting panels on Journey of a Cosplayer with Sameer Bundela, the reigning Indian Champion Of Cosplay; Bringing Comics to life with Asvin Srivatsangam and Vivek Rangachari, the founding team of Yali Dream Works; Celebrating 40 years of Tinkle Magazine; The Business Of Pop Culture In Times Of COVID and E-Sports in India.

Jatin Varma, Founder, Comic Con India commented, “It was a delight to witness the key stakeholders of the Indian Pop Culture industry coming together to celebrate the country’s biggest pop-culture extravaganza. There are many elements to the Comic-Con Experience that can truly go digital and we are glad to have started off this year with the digital event. With people spending a lot more time online – I foresee a lot of interest. You shall also see us creating original content in the coming months.”

The first panel of the Comic-Con India Pop Culture Forum 2020 “The Journey of a Cosplayer” with Sameer Bundela, took the audience through his journey as a cosplayer. Cos-Play or Costume Play is an art form and Sameer Bundela who has been cosplaying since 2011, started off as an amateur cosplayer and then over the years turned pro. He has won the Indian Championship of Cosplay twice and is the current reigning champion. He recently represented India at the Crown Championship of Cosplay in Chicago.

During the second panel on Bringing Comics to Life, with Asvin Srivatsangam and Vivek Rangachari, the founding team of Yali Dream Works, there was a discussion around how Comic book stories and characters have long abandoned the physical book form and are now part of Films, Television, Gaming and more, internationally. The panellists talked about their upcoming comic book to feature film, Rakshak, which is being helmed by leading film director Sanjay Gupta (Kaante, Shootout Series & more).

The forum also celebrated 40 years of the Tinkle Magazine this year with Rajani Thindiath, editor in chief at Tinkle Magazine and Savio Mascarenhas – Group Art Director at ACK Media.

Another intriguing panel was on The Business Of Pop Culture In Times Of COVID with 2 of the biggest names in licensed merchandise business in India – Ameya Thakur, Founder, Redwolf – one of the leading licensed apparel brands in the Pop Culture Industry and Siddharth Sood – Founder& CEO at Epic Stuff – the leading brand for all your pop culture accessories. The panel touched upon the new challenges and opportunities that have arisen for the pop culture business during the times of COVID.

The concluding panel discussion was on E-sports in India with Ishaan Arya -Co-Founder of The E-Sports Club and Soham Thacker- founder, Gamerji.

The forum also featured the Comic-Con India Industry and Creative Awards that honoured & provided recognition to the best of the comics & graphic arts community in the country. This year’s awards featured a total of 9 Categories, include 2 Business categories. While the Graphic Novel Comic Book Category was open to nominations with over 25 nominees from various publishers and creators across the country.

Chanakya: Of Serpents & Kings By Campfire Graphic Novels won the Gold in The Best Graphic Novel Of The Year & Tinkle Holiday Special No.48, won the Gold in The Best Children’s Illustrated Book Of The Year.

In the Business categories, the nominees and winners were selected based on the Independent consumer research conducted with thousands of fans across India, at various CCI shows & events.

Business World

Loom Solar to go on sale on Amazon during Prime Day

Aug 4, 2020 by Gouri Achary 0 Comments #Co-founder & Director of Loom Solar, #India’s no. 1 solar panel company, #Loom Solar, #Mr. Amol Anand, #Prime Day of Amazon on 6th & 7 August 2020.

Loom Solar, India’s no. 1 solar panel company will be selling its products at a 6% discount on the occasion of Prime Day of Amazon on 6^th & 7 August 2020. Loom solar is the only company in India that makes mono panels using perk cells in 12-volt design.

During the sale period, Amazon customers can take their pick from several products in the portfolio and avail discounts up-to 6%. This year’s Prime Day sale is dedicated to helping small and medium businesses reach millions of Prime members around the country. Loom Solar is taking this initiative to reach its customers and inform them about the benefits of the monocrystalline solar panel over the existing technologies, and eventually, the customers have always appreciated Loom Solar’s work and innovation.

Mr. Amol Anand, Co-founder & Director of Loom Solar says, “Amazon’s prime day sale provides us with an opportunity to reach a large number of users together at one platform. During this difficult time, when the economy is slow and people are focused on saving more, we bring the prime customers a unique offer to purchase high-end, advanced technology Solar panels at a lower price. Through this sale, they are not only going to purchase a product on sale, but this will also be an added bonus to their future electricity saving that will reduce a large chunk of their monthly costs. I believe this will help us reach a wider audience”

The products available on sale are:-

1) Loom Solar Panel 50 Watt -12 volt Mono Crystalline – they are made of A-grade mono perk cells and ultra cleared tempered glasses that do not break easily and gives 22% higher efficiency even in low light and cloudy weather. The additional feature includes 4 busbars, 36 cells and 25 years performance warranty. IP 67 rated junction box is given with MC4 compatible cable connector for higher module efficiency.

2) Loom Solar Panel 125 Watt -12 volt Mono Crystalline – Loom Solar 125 watt mono panels are made of A-grade mono perk cells that gives higher efficiency even in low light and cloudy weather. The additional feature includes 4 busbars, 36 cells and 25 years performance warranty. IP 67 rated junction box is given with MC4 compatible cable connector for higher module efficiency.

3) Loom Solar Panel 180 Watt -12 volt Mono Crystalline – Loom Solar 180 watt solar panel is made of A-grade black silicon cells to generate electricity from sun. The cells are made of superior quality silicon which gives higher efficiency up to 20% and also performs better in low light. It is the latest panels in mono crystalline technology that comes with 5 busbars 36 cells and 25 years performance warranty. IP 67 rated junction with MC4 connectors and 1 meter wire is given for outdoor use.

4) Loom Solar Panel 375 Watt -24 volt Mono PERC – Loom Solar 375 watt solar panel is made of mono perc cells which gives higher efficiency up to 20%. It is the latest technology solar panel in India that works in low light and even in cloudy weather. The cells inside solar panel is made of A-grade, anti pid cells. It is the best solar panels in mono crystalline technology that comes with 5 busbars and 72 cells and 25 years performance warranty. IP 67 rated junction box is given with MC4 connector for higher module efficiency.

Availability – https://www.amazon.in/primeday

Loom Solar recently introduced Monocrystalline Solar Panels to differentiate itself in the Indian market and establish a lead. The monocrystalline solar panel is the latest technology in the solar industry with higher efficiency and is also very compact. This technology is used by only 2% of brands across the globe. The main advantage of this technology is that it generates power in cloudy weather, also under low sunlight, and the efficiency of power generation is more than 20% of old technology.

Business World

JSPL Felicitates its COVID-19 warriors

Aug 4, 2020 by Gouri Achary 0 Comments #Chairman Shri Naveen Jindal, #JSPL, #outstanding COVID-19 Warriors

JSPL, being an employee-first organisation, today felicitated twenty-five of its outstanding COVID-19 Warriors, who worked round the clock to see that every infected JSPL employee was back in the best of health in the shortest possible time. The group of these twenty-five outstanding employees included doctors, admin staff, drivers, cooks, security guards etc.

After felicitating these Corona warriors, Chairman Shri Naveen Jindal said: “We may be living in a challenging era, but we believe in putting our employees at the core of our operations, and doing everything possible so that they remain in their best of health. Today’s felicitation is a tribute to the hard work and dedication of these brave JSPL employees. These employees served their colleagues selflessly and courageously through these difficult times. These outstanding employees will further inspire others, in and outside the organisation”.

India is passing through one of the most challenging periods in its history. JSPL has taken several measures, in keeping with the Government guidelines and WHO protocol, to protect its employees from the virus, and to create a safe workplace. But, as the severity of the crisis shows, there could still be some instances where people get infected by the virus despite taking all possible precautions. Few of the JSPL employees contracted the virus. In this crisis, the rest of the JSPL workforce rose to the occasion and ensured that the infected employees recovered in no time.

JSPL stands with the Union Government and state governments in protecting the lives of its employees and their families, and ensuring their well-being, in the face of the Covid-19 pandemic, while contributing to the India Growth Story.

The JSPL employees felicitated during the occasion are:

1. Rahul Kumar
2. Sanjay Singh
3. Prem Singh.
4. Prakash Chandra.
5. Chander Shekhar.
6. Mukesh Kumar.
7. Naresh Kumar.
8. Rajendra Singh.
9. Pitambar.
10. Mahesh Pandey.
11. Dev Raj.
12. Sunil Kumar.
13. Pramod Kamath.
14. Mohan.
15. Nagender Singh.
16. Ashok Kamat.
17. Basant Malviya.
18. Arvind Kumar
19. Roshan Lal.
20. Neeraj Kumar.
21. Vidya Rani.
22. Dr Kirti Dahiya.
Press Release 23. Dr Gursharan Singh.
24. Dr Dinesh Kumar.
25. Mangal Sain.

News

“Don’t let yourself drown in the despair of depression!” says Digangana Suryavanshi as she releases a short film for mental health awareness

Aug 4, 2020 by Gouri Achary 0 Comments #“Depression”, #1-minute video, #Digangana Suryavanshi, #her father Neeraj Suryavanshi, #Media Tribe Agency

Digangana Suryavanshi recently posted a 1-minute video shot in black and white colours in which she narrates a poem about mental health. Digangana herself wrote a short poem on mental health to help spread awareness around mental health. Through this short film, Digangana attempts to break the stigma around mental health.

The short video, taken in a single-shot, was filmed by her father Neeraj Suryavanshi while video editing and online promotions are being handled by Media Tribe Agency. The Hippi actress penned a long note to go along with it, in which she details on the importance of paying attention to mental health along with physical health during the pandemic.

Talking about the idea behind the short film, the actress says, “I agree with all mental hassle and honestly, nobody should be guilty or ashamed of feeling any of this but I don’t agree that there is no solution to it and you will have to live with it or struggle with it all your life! I absolutely don’t agree with that and that’s exactly why I thought of making this short film, which accepts all these struggles and feelings with grace, dignity, and vulnerability but powerfully says at the end that there’s a way out of it, only if you believe in yourself! Depression is a momentary reality, not the constant of our lives”

She writes, “I strongly believe that mental health is the driving force behind all our decisions, actions and our happiness. Simple thoughts that make really big differences! This lockdown, COVID 19 situations around the world, conversations around it have been depressive and this word “Depression” has really been hitting my mind, and I’ve been thinking about it. How I look at situations is always trying to see the brighter side of everything as I believe that keeps me motivated, healthy and happy, of course, there’s a reality which can be very harsh sometimes but I’ve always dealt with situations with positivity as I believe “all shall pass by”. I agree to all mental hassle and honestly, nobody should be guilty or ashamed of feeling any of this but I don’t agree that there is no solution to it and you will have to live with it or struggle with it all your life! I absolutely don’t agree with that and that’s exactly why I thought of making this short film, which accepts all these struggles and feelings with grace, dignity and vulnerability but powerfully says at the end that there’s a way out of it, only if you believe in yourself! I strongly advocate for facing our feelings so we can resolve these issues.. If your life has got you in a bad phase or space, that’s only because your life is well aware that you have the potential to overcome that, so take it as an experience! Depression is a temporary reality, not the constant of our lives! Don’t let yourself drown in the despair of depression! No matter how ugly and dark it gets… your simple thought of self-help or seeking help can heal everything!”

//www.instagram.com/p/CDTnAzTjQZL/

While a lot has been said and done about physical health during this pandemic, not much has been spoken about mental health and even domestic abuse that many put up with during the lockdown and isolation. However, the last few months have seen a rise in awareness about such topics, with even stars speaking up about the same. Actress Digangana thanked the entire team for working hard on this awareness project shot and released during the pandemic

Digangana Suryavanshi, who was last seen in Valayam film opposite to actor Harish will soon be seen in Seetimaarr, which also stars Gopichand and Tamanna in the lead roles.

Youtube Link: https://www.youtube.com/watch?v=pV6czpvtBs0

News

Rotary Club of Secunderabad Sunrise to distribute Medical Equipment, Medicine and Medical Kits worth Rs 11 lakh to 2000 elders living in 40 Homes for the aged to help them fight the COVID-19

Aug 4, 2020 by Gouri Achary 0 Comments #District Governor, #Medical Equipment, #Medicines and Medical Kits, #NV Hanmantha Reddy of Rotary, #President of the club Vijay Rath, #Rotary Club of Secunderabad

Rotary Club of Secunderabad Sunrise embarks on a novel and need of the hour project, ‘COVID Care For The Elders’ as gratitude and concern for the elderly.

As part of this project, the club will be distributing Medical Equipment, Medicines and Medical Kits to help Home for the Aged fight against the COVID -19 battle.

The distribution kits include Oxygen Concentrators, Oximeters, BP Machines, Nebulisers, Contactless Sanitiser Dispensers and assorted medicines among others.

The total number of beneficiaries will be 2000 inmates of 40 Homes located at various places in Hyderabad & Secunderabad. The cost of the project is pit at Rs 11 lakh.

President of the club Vijay Rathi long with the District Governor, NV Hanmantha Reddy of Rotary District 3150 along with volunteers and members of the club will be flagging off distribution of Medical equipment and Medicine to the Home for the Aged in a brief function to be held here in the city at Evolution Contemporary Arts, next to Lalitha Jewellery, Somajiguda Main Road on 5th August 2020 in the morning.

Rotary Club of Secunderabad Sunrise which falls under Rotary District 3150, taken up this project. It is taken up under the banner of Rotary Sunrise Service Trust a leading service-oriented club. It has taken up many services in the past.

We have taken up this project now, in the middle of a Pandemic, to express our gratitude and concern for the elderly. A rigorous enquiry was conducted before identifying the beneficiary Homes and ascertained the needs before raising the funds required for the purpose shared Vijay Rathi.

Director Community Services, Praveen Jain informs that this year number of activities will be conducted by Rotary Club of Secunderabad Sunrise which will include health care, sanitation and education.

Business World

Vietjet positive about the financial recovery with its LCC model despite the loss in the air transportation business in the first half of 2020

Aug 4, 2020 by Gouri Achary 0 Comments #LCC model, #Vietjet Aviation Joint Stock Company (HOSE: VJC), #Vietnamese airlines’ proposal

Vietjet Aviation Joint Stock Company (HOSE: VJC) reported its business result of 2020’s second quarter, the period that saw the most impact by Covid-19 pandemic. The carrier operated a flight network of 52 domestic routes with 14,000 flights and transported more than two million passengers during the quarter. With its proactive measures, cost optimization and LCC model, the airline’s results in the air transportation business and financial activities are considered positive, making it one of the very few airlines in the world to cope well with the Covid-19 pandemic and confident about its financial recovery.

By the end of Q2/2020, amid the Covid-19 pandemic, Vietjet recorded the air transport revenue at VND1,970 billion (approx. US$84.5 million), a decrease of 54% year-on-year, and a loss of VND1,122 billion (approx. US$48 million). For the first six months of the year, the airline’s loss in air transportation business stands at VND2,111 billion (approx. US$90.5 million), which is considered a modest number compared to the total loss of over US$84 billion for the global aviation industry.

To support the cash flow, Vietjet has proactively sought for partners and implemented many financial solutions such as asset transfer and financial investment, which resulted in a financial revenue of VND1,174 billion (approx. US$50.4 million) with a post-tax consolidated profit of VND1,063 billion (approx. US$45.6 million) in Q2/2020 and a consolidated profit of VND73 billion (approx. US$3.2 million) in H1/2020, increasing the financial resource for the airline’s air transport business.

Aiming to become a new-age carrier, Vietjet always steps upon carrying out commercial solutions based on 4.0 technology platform and mobile application development. Thanks to its tech-based cost optimization capacity, the airline has seen effectiveness when following LCC model, which has been proven to be the right choice for the past economic crises. Vietjet has been proactively implementing cost-saving measures with an average cost drop of 55% due to operation capacity reduction of 30%-35% and service cost decrease around 20%-25%.

As Vietnam opened its sky for domestic operation, Vietjet resumed its entire domestic flight network with 300 daily flights in June, a triple to five times growth compared to daily flights at the country’s Covid-19 pandemic peak. The airline also launched eight new routes to meet rising domestic travel demand, increasing its total domestic flight network to 52 routes with an overall flight operated reached 14,000 flights. Its total passenger carriage reached 1.2 million passengers in June, marking a positive recovery for the domestic market.

The airline’s total asset is VND48,392 billion (approx. US$2.075 billion) with the owner’s equity being at VND17,339 billion (approx. US$745 million) including treasury shares. Its current liquidity is kept at a good rate of 1.4 while debt to equity ratio is 0.57, which are among the lowest rates in the global aviation industry. It allows Vietjet to proceed with its long-term financing plan in order to enhance its internal resources for fighting the current pandemic.

Being active on measures to weather Covid-19 pandemic, Vietjet has implemented many solutions since early 2020, including expanding the cargo transportation business, developing SkyBoss product and ancillary services, offering “Power Pass”, the unlimited flight pass, etc. In particular, Vietjet has also worked on many solutions to increase revenue and optimize operations. It has boosted cargo transport service since April, is the first airline in Vietnam to gain the government’s approval to deploy cargo operations in the passenger cabin (CIPC).

Apart from the effort of the airline itself, the support of the Vietnam government is also anticipated to reduce the pressure and boost aviation recovery. Following the Vietnamese airlines’ proposal, the Government and industry authorities are in consideration of aviation support packages, including exemption of taxes, fees, aviation services, environmental tax exemptions for flight fuels, financial assistance, an extension of the payment term, etc. These supports should be urgent and specific amid the tough situation to strengthen domestic carriers’ resources. All over the world, airlines are strongly supported by local governments to recover from the devastating impacts of the pandemic as it is the crucial sector to stimulate economic development.