Author: Rabindra

Bitget Moves Toward MiCA Compliance with the Opening of Its Europe Regional Hub

Global, 13th December 2024: Bitget, the world’s leading cryptocurrency exchange and Web3 company, is exploring the establishment of its Europe regional hub in Lithuania as part of its strategic expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a unified regulatory environment for crypto assets across the region.

The company is actively preparing for compliance under the MiCA framework, including plans to set up an office and recruit compliance and operations personnel in Lithuania.

“We truly appreciate EU regulatory authorities for their leadership and vision for nurturing a secure and vibrant environment for digital innovation. Our vision for Europe goes beyond business expansion. The continent is at the forefront of the crypto revolution, and we are committed to contributing to its growing ecosystem of crypto startups,” said Hon Ng, Chief Legal Officer of Bitget. “By establishing a hub in the European Union, we are demonstrating our strong commitment to uphold the highest standards of security and compliance” he added.

Bitget consistently works towards abiding by regulatory compliance worldwide in crypto-friendly jurisdictions, holding licenses in major markets such as Poland, Australia, and Italy. The exchange recently re-entered the UK market, offering fully compliant crypto services, and is pursuing regulatory approvals in more than 15 jurisdictions worldwide. This includes Lithuania, where Bitget secures its crypto registration, indicating its dedication to operating securely and transparently within Europe.

The company also plans to collaborate closely with European regulators to ensure its products meet all regulatory requirements while prioritizing the protection of user assets and data. As the MiCA framework comes into effect, Bitget’s proactive steps push it to become the fastest-growing compliant exchange.

GlobalGyan Leadership Academy Unveils Vision for the Future of Work, Merging AI with Human Intelligence

Mumbai, 13th December 2024 – GlobalGyan Leadership Academy, renowned for its tailored leadership development programs for India’s top corporates, hosted an insightful virtual panel discussion today on “Human Intelligence 2.0: Upskilling for Leadership in the AI Era.” The discussion examined the evolving workplace dynamics where Artificial Intelligence (AI) and human capabilities must converge to redefine leadership and workforce efficiency.

Led by Mr. Srinivasa Addepalli, Founder & CEO of GlobalGyan Leadership Academy, the session highlighted AI’s transformative role in automating data-driven tasks and enhancing efficiency. While AI excels at precision and analysis, the discussion emphasized that human skills such as emotional intelligence, strategic thinking, and creativity remain irreplaceable. The conversation stressed the importance of leveraging AI to amplify human potential, enabling professionals to focus on innovation, problem-solving, and ethical decision-making.

A significant highlight of the event was the announcement of GlobalGyan‘s “AI for Business Leaders” program. This new initiative is designed to equip business leaders with the knowledge and skills to integrate AI effectively into their decision-making processes. The program demystifies AI for leaders, focusing on practical applications and strategic frameworks where AI handles routine tasks while human insight drives creativity and leadership. It aims to prepare professionals with future-ready skills that balance technological understanding and human-centric leadership, ensuring leaders can thrive in an AI-augmented environment.

Mr. Addepalli noted, “The ‘AI for Business Leaders’ program reflects our commitment to empowering India’s workforce to not just adapt to AI but actively shape a future where AI enhances human potential.”

By blending cutting-edge technology with timeless human values, GlobalGyan is preparing professionals to lead with vision, creativity, and resilience in an increasingly AI-driven world. Trusted by industry leaders such as TATA, Godrej, Mahindra, Airtel, ITC, Hindustan Unilever, Wipro, Myntra, and MakeMyTrip, the academy remains committed to shaping the future of work and driving transformative growth for both businesses and individuals.

NSDC and Juspay Join Forces to Improve Payment Solutions for Skill Development Programs

December 13, 2024, Mumbai, India — National Skill Development Corporation (NSDC) has signed a Memorandum of Understanding (MoU) with Juspay Technologies, a leading payments technology provider, to enhance payment infrastructure and solutions for skill development initiatives across India.

The MoU was signed today at NSDC’s headquarters by Shreshtha Gupta, CTO NSDC, and Ishan Sharma, Head, Business at Juspay, in presence of Ved Mani Tiwari, CEO NSDC and MD NSDC International, Rajesh Swaika, CFO NSDC and Malyada Goverdhan, Head – B2G Partnerships, Juspay. The partnership marks a significant step towards leveraging cutting-edge technology to streamline financial processes for NSDC’s vast network of stakeholders, including training partners, candidates, and other ecosystem players.

Highlights of the Collaboration

As per the MoU, Juspay will provide a robust and scalable payment orchestration platform tailored to the needs of NSDC, enabling seamless transactions across various payment modes like UPI, credit/debit cards, wallets, and net banking. The integration will simplify payment experiences for millions of learners and training providers, ensuring both reliability and efficiency. Juspay’s unified analytics and optimization tools will help NSDC gain actionable insights to enhance operational efficiency.

Speaking on the occasion, Ved Mani Tiwari, CEO NSDC and MD NSDC International said, “Our collaboration with Juspay represents a significant advancement in our commitment to enhancing the skill development ecosystem in India. By leveraging the unique payment solutions, we aim to streamline the financial processes for our stakeholders, making skill development more accessible and efficient. This collaboration will empower millions of learners and training providers, ensuring that our initiatives are not only impactful but also sustainable in the long run.”

Vimal Kumar, CEO & Founder of Juspay, added: “We are proud to partner with NSDC in their mission to empower millions through skill development. NSDC’s extensive payments infrastructure presents unique challenges, including the need for seamless integration across diverse platforms and ensuring secure and frictionless transactions at scale. At Juspay, we are committed to delivering a comprehensive solution that not only simplifies these challenges but also offers NSDC complete visibility and control over every financial transaction.”

BITS Pilani Receives A++ NAAC Accreditation, Solidifying Its Position as a Leader in Higher Education

National, December 13, 2024: BITS Pilani, an institution of eminence known for its commitment to innovation, has been awarded the coveted A++ grade with a score of 3.68 out of 4 in the latest circular of NAAC accreditation. This will place it among the top 4% of NAAC-accredited universities in the country, a remarkable testimony to the institution’s commitment to academic and institutional excellence.

The process for assessment by the NAAC is based on seven criteria: Curricular Aspects Teaching, Learning, and Evaluation, Research, Innovation, and Extensions, Infrastructure and Learning Resources, Student Support and Progression, Governance, Leadership, and Management, Institutional Values & Best Practices for evaluation. BITS scored an astounding 100% in Criterion 1-Curricular Aspects for its innovative curriculum and its significant learner-centric approach. Enhanced research output, progressive research policies, and impactful faculty contributions also played a pivotal role in this recognition.

Speaking on the achievement, Prof Ramgopal Rao, Vice Chancellor, BITS Pilani, said, “The A++ grade awarded by NAAC, a highly recognized accreditation entity confirms the persistent commitment of BITS Pilani to quality and reinforces our standing as one of India’s leading higher education institutions. Our Enhanced research output and research promotion policies have played a vital role in achieving the recent accreditation. We look forward to continuing our journey of academic and research excellence, further elevating our impact on education and innovation, and setting new benchmarks for higher education in India and beyond”.

Coordinator of BITS internal quality assessment cell Prof. Mani Sankar Dasgupta, spearheading the accreditation drive mentioned “We are thrilled to announce that BITS Pilani has been awarded the highest NAAC grade of A++, a testament to our robust academic practices and pedagogy. This recognition crowns over a year of dedicated effort, with the recent successful NAAC peer team visit to our Pilani campus showcasing the excellence of inter-campus collaboration and the indomitable spirit of the BITS community.”

The A++ designation is an expression of the institution’s commitment to the highest standards in education; it reflects its ability to balance constant self-examination and analysis with staying true to its vision of excellence in education and research.

Telangana Solar Energy Association Proposes Requirement for Solar Panels on Every Government Building

Hyderabad, December 13, 2024……Media Day Marketing (MDM), a city-based well-known expos organiser inaugurated four expos 4th Edition of the Dairy & Food Expo and 6th Edition of India Green Energy Expo & the 4th Edition of the Green Vehicle Expo. Dairy and Food Expos were inaugurated by Industry and Associations leaders on Thursday. These are open till the 14th and are open from 10 am to 6 pm.

Ponnam Prabhakar, Minister of Transport, Govt of Telangana visited the expo, and inaugurated the other two expos—the 6th Edition of India Green Energy Expo & the 4th Edition of the Green Vehicle Expo.

Speaking on the occasion after the inauguration B Ashok Kumar Goud, President of Telangana Solar Energy Association said The Telangana Solar Power Policy when announced in the year 2015 hogged a lot of limelight and Telangana became a number one state in India. But we couldn’t hold on to that position for long and now we are not even in the top ten states in India. Many states like Maharashtra, Gujarat, and Tamil Nadu are way ahead of us. After 2017 the investors backed out of the state. Now solar is not a happening industry in Telangana he said.

Echoing him was Rajesh Parakala, Vice President of Telangana Solar Energy Association. Rajesh said the central government of India offers several subsidies to promote solar energy under schemes such as PM Surya Ghar; Muft Bijli Yojana; Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM). However, the state of Telangana doesn’t encourage the industry nor offer any such subsidies or incentives to promote the industry.

Both leaders suggested that it is only logical that all government buildings must have solar panels. They should lead by example. Even the PM Surya Ghar (PMSG) scheme mandates the same. Under the PMSG too Government offices in India have received a mandate to ensure 100 per cent solarisation by 2025. They further suggested that Telangana has 30,000 schools and schools must be mandated to go Solar.

All new commercial buildings in future must be mandated to go solar. This seems a gigantic task, at least 20% of its components must be solar friendly, they added.

The PM-KUSUM scheme is not fully implemented in the state. Under this scheme one crore houses to be solarised. And the target for Telangana was five lakh houses. But ten months since the scheme opened not more than 3500 houses have gone solar. We want the government to be solar-friendly. We want the government to encourage and promote the solar industry, Ashok and Rajesh added.

The other dignitaries who graced the inaugural include Mrs Dasari Aruna, President Dalit Indian Chamber of Commerce and Industry (DICCI) Hyderabad – Telangana State; Shri Adnan Sajid Khan (Gullu Dada fame); Actor Shri Shehbaazkhan and other Government officials along with Automotive & Renewable Association & Industry members.

Dasari Aruna said though electric vehicles get encouragement subsidies, and tax exemptions, the associated industries such as charging stations and related infrastructure must be developed.

Mr Ram Soundalkar, Mr Mohd Mudassar, and Mr Kashif Razz, the three Directors of Media Day said Ryoto Electrix is sponsoring three e-two wheelers which will be given away in a lucky draw to one visitor each for the next three days who visit green vehicles expo

Ambuja Cements Commemorates 51 SEDI Trainees for Their Employment Achievements in Chhattisgarh

Chhattisgarh, 13 December 2024: Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, celebrated a moment of pride at the Diwali Milan event organised by the district administration in Baloda Bazaar, Chhattisgarh.

Chhattisgarh Chief Minister, Mr. Vishnu Deo Sai, Cabinet Minister Mr. Tank Ram Verma, and District Collector Mr. Deepak Soni honoured 24 alumni from Ambuja’s Skill and Entrepreneurship Development Institutes (SEDI) in Bhatapara and Rawan for securing employment in renowned organisations.

As part of the district administration’s ‘Hum Honge Kamyab’ initiative, a total of 51 SEDI trainees were recognised at the event for their career achievements. Sharing her journey, one trainee said, “SEDI gave me the skills and confidence to not only secure a job but also improve my family’s living standards.”

Ambuja Cements remains dedicated to empowering rural communities through skill development and creating sustainable livelihood opportunities. Initiatives including SEDI underscore the company’s commitment to building stronger, self-reliant communities and transforming lives across the nation.

Swiggy Introduces One BLCK: A Luxurious, Invite-Only Premium Membership Experience

Bengaluru, Dec 13, 2024: Swiggy Ltd, India’s pioneering on-demand convenience platform, today introduced One BLCK, an exclusive, invite-only membership for consumers seeking the highest level of convenience and service.

One BLCK is designed to deliver an elevated Swiggy experience. Members will enjoy faster deliveries on every food order, along with an On-Time Guarantee. When dining out, members can indulge in complimentary cocktails, drinks, or desserts. They will also benefit from access to Swiggy’s top customer care agents for personalized, priority support.

One BLCK members will also enjoy all the benefits of the current Swiggy One membership, including unlimited free deliveries on both food delivery and Instamart, as well as exclusive member-only discounts on food delivery and Dineout.

Industry’s First Premium Membership

One BLCK is the country’s only membership that offers benefits across categories of food delivery, quick commerce and dining out, along with industry-first benefits for premium users. Members also gain access to exclusive perks from top partner brands such as Amazon Prime, Hotstar, Hamleys, Cinepolis, and more. To celebrate the launch, One BLCK members will receive a One BLCK-only complimentary Yatra Prime membership.

“We are thrilled to introduce Swiggy One BLCK, designed to provide an elevated experience for users who demand the highest levels of service, convenience, and exclusive privileges from Swiggy,” said Phani Kishan, Co-founder and CGO of Swiggy. “Swiggy One BLCK is the business-class equivalent for our customers—refining the aspects that matter most to premium users: speed, reliability, and personalized care. With this launch, we’re setting a new benchmark for premium memberships in the industry.”

Launched in 2021, ~80% of Swiggy One members use two or more services on Swiggy and spend 3x more than non-Swiggy One members. With the introduction of this premium service One BLCK, Swiggy aims to elevate the experience for premium customers while driving growth across all its businesses.

SWITCH Mobility Revolutionizes Urban Mobility with New Low-Floor Electric City Buses EiV12 and E1

Chennai, 13th December, 2024 – SWITCH Mobility Ltd, subsidiary of Ashok Leyland and part of the Hinduja Group, and a leading manufacturer of electric buses and light commercial vehicles today unveiled its contemporary electric bus platform SWITCH EiV12 – the low floor electric city bus for the Indian market. It is India’s First Low-Floor City Bus with Chassis-mounted batteries, featuring a scalable battery capacity of over 400+ kWh.

 The vehicle was launched by Shri Nitin Gadkari Hon’ble Minister for Minister of Road Transport and Highways of India, in the presence of Ashok P. Hinduja, Chairman of Hinduja Group Companies (India), other dignitaries, and industry leaders.

 On the occasion, SWITCH E1, engineered for the European Market, was flagged off virtually. Both these buses share common design philosophies and EV architecture.

 The purpose-built SWITCH EiV12 platform is indigenously designed, developed and manufactured for urban city commutes, offering global standards in performance, safety, reliability, and comfort. With seating for up to 39 passengers, the SWITCH EiV12 leads its segment, offering maximum revenue potential for operators.

Mr Ashok P. Hinduja, Chairman of the Hinduja Group of Companies (India) observed while launching these vehicles “These buses are a tribute to the PM’s Make in India vision: made in India, for India and the World. Switch Mobility is inspired to launch newer vehicles with cutting-edge technology and zero carbon emissions, only because of the wonderful road infrastructure that is coming up in India, owing to visionaries like Modi Ji and implementers like Gadkari Ji.”

 Mr. Dheeraj Hinduja, Chairman of SWITCH Mobility, said, “The launch of the SWITCH EiV12 and the flagging off of the SWITCH E1 for Spain is a proud milestone for the Hinduja Group and Ashok Leyland, underscoring our commitment to sustainable mobility. In addition to the EiV12 and E1, SWITCH is developing a range of new products to expand our global offerings. At SWITCH Mobility, we are driving a greener future and advancing our long-term vision to democratize electric mobility worldwide.”

 Mr. Mahesh Babu, Chief Executive Officer, SWITCH Mobility, said, ” At SWITCH Mobility, we’re excited to unveil two new products for India and Europe, both built on our Global EV architecture. These innovations harness cutting-edge EV technology to deliver superior efficiency, safety, and passenger comfort. Our low-floor electric city bus, designed for optimal energy performance and accessibility, has garnered an overwhelming 1,800 orders—proof of the market’s confidence in SWITCH Mobility’s vision for a sustainable urban transport future.”

 The India electric city bus market is expected to grow at a CAGR of 21% by 2030 with an EV penetration of 70%. The total parc for electric city buses is likely to cross 70,000 units by 2030.

 The SWITCH EiV12 sets a new benchmark in passenger comfort, safety, and technology, reshaping the EV landscape. Its low-floor entry with a kneeling mechanism ensures easy ingress and egress, while the automated wheelchair ramp and dedicated spaces make it accessible for differently abled passengers. Designed with women’s safety in mind, it is equipped with 5 CCTV cameras with no blind spots and includes 5 dedicated seats for women. The expansive panoramic glass area, the largest in its segment, offers superior visibility, naturally lit interiors, and enhanced safety. Powered by SWITCH iON, our proprietary telematics system, the SWITCH EiV12 offers real-time vehicle health monitoring, ITMS and efficient fleet management. Its efficient rear-end dual-gun charging interface not only ensures rapid recharging but also optimizes depot spaces, while an IP67 rated battery lets the bus deal with flooded roads with ease.

 The SWITCH E1, our latest innovation designed specifically for the European market, showcases cutting-edge engineering with a lightweight monocoque construction, ensuring optimal efficiency and performance. The SWITCH E1 features in-wheel motors and a flat gangway layout throughout the bus, providing seamless movement and accessibility for passengers. With its triple-door configuration (front, center, and rear), the bus offers unmatched convenience for quick boarding and alighting, perfectly suited for urban transit systems. Capable of accommodating up to 93 passengers, including standees, the SWITCH E1 sets a new benchmark in sustainable, passenger-centric public transportation.