4, Dec 2023
Scheffler finally lands the Hero World Challenge Trophy, Woods happy with comeback campaign

Bengaluru, December 4, 2023: Scottie Scheffler completed the job he may have been left incomplete in his first two visits here in 2021 and 2022 when he finished second at the Hero World Challenge. He stayed bogey-free on the final day for a 68 to win the 2023 World Hero Challenge, an event he confessed he had watched for a good part of his life.

Scheffler, who received his Tiger Trophy from Woods, and Dr Pawan Munjal, Executive Chairman of Hero MotoCorp, admitted, “It was cool for me two years ago just to get into this tournament. I had seen the Hero World Challenge pretty much my entire life and it seemed like such a fun time, only 20 guys – 20 of the best in the world coming down to play Tiger’s event.”

He added, “It’s definitely nice to win and also nice to be consistent. Finishing second is not nearly as good a feeling as finishing first.”

Scheffler, starting the day three clear, totaled 20-under and finished three ahead of Seep Straka (64), who rocketed up the leaderboard with the day’s second-best card and a total of 17-under.

Matt Fitzpatrick (70) and Justin Thomas (67), the only players inside five shots of Scheffler with 18l holes to go, never really mounted a challenge as the World No. 1 polished off his third win of 2023 and ensured he would go into 2024 with even more confidence.

Tiger Woods had a mixed bag with a 72 that had five birdies and three bogeys as he finished even for the week and 18th.

Neither the score nor the position mattered. All that mattered was that he lasted 72 holes and was smiling and sounding confident.

“I think I have come a long way from being a bit rusty to playing four rounds,” Woods said. “Just the physicality of playing and competing again, I haven’t done this in a while so it was nice to get out there with the guys and have some fun.

Dr Pawan Munjal, Tiger Woods and Scottie Scheffler during trophy presentation at Hero World Challenge

Scheffler looked in command as he started the final round. Two birdies on either side and no bogey did not allow anyone any chance. He had back-to-back birdies on the sixth and seventh and then again on the 14th and 15.

He said, “I was kind of on the outside looking in the last couple years on Sunday and I needed a good back nine to finish second and give myself an outside chance. Going into today was definitely nice being in the lead and I played solid golf to kind of finish it off.”

On how he will take this going in 2024, he went on, “Yeah, great confidence going into next year. I think we have maybe four weeks until we leave again, so it’s nice kind of having the momentum of a win as I go into preparing for next season. Yeah, I mean, couldn’t get better momentum than this, you know.”

Scheffler’s confidence for 2024 will come from his putting, which from being below average has become amazingly good.

Scheffler began the 2023 HWC with three bogeys in the first six holes and had only four more in his next 66 holes. Round 2 had two dropped shots, while round 3 had one and the final round had none. Overall, he had two eagles, both in the third round, 23 birdies, and seven bogeys.

Scheffler said, “I was optimistic going into this week. I think I just played solid today and kept my distance from the rest of the guys. It was the same game plan as always.”

Woods, who plans one tournament every month next year, added, “I just wish I could have played a little cleaner but there is always next time. I think if you ask me right now, I am a little bit sore.

“Maybe I can get into the rhythm of something like one tournament a month.

“That was the plan going into next year and I don’t see why that would change.”

Woods parred the first and double-bogeyed the par-three second but drained a sensational birdie putt from 34 feet out on the par-three fifth. Three other birdies on the sixth, 14th, and 15th were neutralized by bogeys on the eighth, 11th, and 16th.

Woods had struggled on the back nine throughout the week and was over par for it on the first three days but was even par on the final day. The birdies on Par-5 15th was particularly satisfying after a double bogey on the first, a bogey on the second, and a par on the third. In the final round, He drove 357 yards and followed with a fine second shot to inside 40 feet, but just off the green. A nice chip to under six feet set him up for birdie, which he holed.

Finishing behind the world No 1 was Sepp Straka, who last year had come as a replacement when Woods pulled out at the last moment. Straka fired a bogey-free 64 with eight birdies to move to 17-under and second.

Justin Thomas had six birdies against one bogey for 67 and a total of 16 under, as Tony Finau (67) and Matt Fitzpatrick (70) were fourth at 15 under.

The 2021 and 2022 champion, Viktor Hovland after a sedate 73-73 on the first two days improved on the third to 70 and then exploded on the final day with a 63 that had three birdies and eagle on either side and one bogey on the 16th.

4, Dec 2023
TrueBalance partnered with TERI to promote financial inclusion with the launch of ‘Project HARMONY’

4TH December 2023: Balancehero India Private Limited (BHI), the wholly-owned subsidiary of Balancehero Co. Ltd. Korea, which operates “TrueBalance” (the RBI-authorised PPI issuing entity and emerging lending platform), recently announced the launch of its new Corporate Social Responsibility (CSR) initiative, ‘Project HARMONY.’ In collaboration with TERI (The Energy and Resources Institute)- a renowned institution known for its expertise in environmental research and sustainable development, ‘Project HARMONY’ intends to foster environmental sustainability and youth empowerment, aligning with the company’s dedication to societal well-being under its esteemed CSR program, “Sahayak.”

Speaking about the initiative, the COO (Souparno Bagchi) & the CHRO (Gaurav Sharma), Balancehero India jointly stated, “With the overall philosophy of “Finance for all,” we at Balancehero India believe every business has a responsibility to contribute to the well-being of society. Project HARMONY reflects our commitment to environmental sustainability and youth empowerment, two pillars that we believe are crucial for a digital India and its prosperous future. We are glad to collaborate with TERI and look forward to making a positive impact on the communities we serve, thus fostering a more financially inclusive society.”

Project Harmony - by TrueBalance and TERI

Dr Amit Kumar Thakur, Associate Director and Head CSR, TERI stated, “Project HARMONY is a unique collaboration between TERI and True Balance, bringing together a distinctive blend of environmental sustainability, financial inclusion, and digital literacy. Through this project, we aim to upskill the youth and women of semi-urban areas and provide clean energy access. TERI, in its 50 years of existence in India, feels proud to associate with True Balance for this skill development program.”

Through Project HARMONY, TrueBalance is driving sustainable community development through skilling and capacity building of community members, focussing on youth and women, from selected villages covered under the project including those along the Gurgaon-Faridabad road, such as Baliyawas, Bandhwari, Mangar, and Mandi. Furthermore, Project HARMONY would explore solar energy technologies for community spaces, such as solar street lights, and powering selected livelihood applications as a step towards fostering sustainable development in rural communities. The Company aspires to have lasting positive change through Project HARMONY, emphasizing education, community well-being, and economic stability.

The program will be live at the selected project sites for the next six months, and with TrueBalance’s support and local response, it will further explore a greater scale-up phase.

4, Dec 2023
Global Valuation Summit 2023

The Institution of Valuers, a pioneering organization in the field of Valuation, recently hosted the Global Valuation Summit (GVS) at CIDCO Auditorium, Vashi, Navi Mumbai. Held on the 24th and 25th of November 2023, the summit brought together esteemed professionals, experts, and thought leaders from the Valuation community, marking a significant milestone in fostering global collaboration and knowledge exchange well attended by 700 eminent valuers and others from across the globe.

Deliberations on “Mapping the Momentum and Global Outreach of Valuation Profession,” GVS 2023 aimed to explore the trends, progress, and impact of the Valuation profession within the global context. GVS 2023 comprised diverse sessions covering topics such as Global Recognition of Valuation Profession, Evolution of ESG in Valuation, Understanding Regulatory Compliances, Diversified Avenues in Valuation, Evolution in Valuation Standards, and the Advent of Technology in Valuation. The summit facilitated networking and collaboration opportunities, allowing participants to connect with peers, industry leaders, and potential partners, fostering a sense of community within the global Valuation fraternity.

The event witnessed the presence of notable dignitaries, including Shri P K Thiagarajan (President of IOV), Mr. Vinay Goel (Hon. General Secretary of IOV & MD & CEO of IOV-RVF), Sh. Neelkanth Mishra (UIDAI Chairperson), Sh R Arunachalam (President, Institute of Actuaries of India), Sri. B. Sankar (DMD – SARG, State Bank of India), Dr. Anil Kashyap (First President & Chancellor, NICMAR University), Mr. Sachinder Bhinder (MD & CEO, Aavas Financiers Ltd), Adv. Karunanithi, Member-22nd Law Commission of India, and many more.

Global Speakers, including Mr. Nick Talbot (CEO, IVSC), Mr. Nicolas Konialidis (IVSC Asian Director), Mr. Drew Dorweiler (MD, IJW & Co), Mr. William A. Hanlin Jr (President & CEO, IACVS), Dr. Sopon Pornchokchai (President, Thai Appraisal & Estate Agents Foundation) and Mr. Sachin Bhattarai (Central Executive Committee Member, Nepal Valuers Association) enriched the event by sharing their knowledge and insights.

The event saw partnerships with esteemed organizations such as NICMAR University, Resurgent Valuers, AAA Valuation, Star Union DaiChi Life Insurance, Mourya Concepts, Techno India University, Intelligence Advisors LLP, LF Valuation Services, Inn Tech Global Valuers, Protocol Valuers Pvt Ltd, Anvi Advisors, Donfin, Liases Foras, R K Patel & Co., Club Mahindra, City Union Bank, Tata Capital, Axis Finance, Institute of Actuaries of India and The Institution of Surveyors. An exhibitor area showcased the products and services in the field of valuation, providing attendees with insights into the cutting-edge tools and solutions available.

Various stakeholders including valuers from different asset categories, Insolvency Professionals, liquidators, architects, surveyors, company secretaries, and chartered accountants attended the event. They interacted with other professionals from all over the country to learn, obtain, and share their knowledge about the valuation eco-system and upgrade themselves to the modern practices being adopted for valuation.

The Global Valuation Summit was not merely an event; it stands as a testament to the power of collaboration, a celebration of shared expertise, and a pledge to uphold the highest standards in Valuation practices globally with a motto of the Prime Minister of India’s vision “Vasudev Kutumbkam” i.e One Family, One Earth & One Idea.

4, Dec 2023
Sai Unwind 2023 Receives a Footfall of over 30,000

Mumbai / Kolkata, 4th December 2023: SAI International proudly presented the 15th edition of UNWIND, a vibrant cultural celebration that not only embodies SAI’s spirit but also stands as one of India’s largest school-based cultural fests driven by students on Sunday, December 3, 2023. Themed “Unveiling the Wonders Within,” this day-long extravaganza welcomed over 30,000 attendees and was expertly orchestrated by Class XI students from the Commerce & Humanities streams, supported by their mentors.

Chief Guest, Shri Pratap Keshari Deb, Hon’ble Cabinet Minister, Industries, Micro, Small and Medium Enterprises & Energy, Government of Odisha inaugurated SAI UNWIND 2023. He expressed his happiness, stating, “I am delighted to be a part of UNWIND 2023, where young minds are nurtured with an entrepreneurial perspective and instilled with leadership skills from an early age. It is truly exciting to witness students organize such a significant event flawlessly.” Speaking about entrepreneurship, Shri Deb went on to state the contribution that UNWIND makes in inculcating 21st-century skills and the nuances of modern-day businesses, inspiring the GenZ to be leaders of the future.

Takeaways from UNWIND:

Entrepreneurship
Leadership
Collaboration
Team Work
Cohesiveness
Communication
Critical Thinking
Negotiation
Creativity
Persistence

Initiated in 2008 by Founder-Chairman, SAI International, Dr. Bijaya Kumar Sahoo, UNWIND has evolved into one of India’s leading student-driven cultural events, exemplifying innovation and creativity. Dr. Silpi Sahoo, the Chairperson of SAI International Education Group, continues to steer this legacy toward greater heights, emphasizing the development of critical thinkers and future leaders.

SAI UNWIND 2023

During her address at UNWIND 2023, Dr. Silpi Sahoo shared, “It’s immensely gratifying to witness my SAIoneers from Commerce and Humanities present such a grand and engaging fest for UNWIND 2023. Dr. Bijaya Kumar Sahoo, our Founder-Chairman, envisioned nurturing critical thinkers and problem solvers, shaping future entrepreneurial citizens of India. His dream was to forge global leaders, critical-thinking innovators poised for impactful careers, ready to reshape the world. Seeing my SAIoneers following the path set by our Founder fills me with immense joy.”

The event boasted over 100 food stalls with global cuisines, 100 engaging game stalls, and a diverse range of experiences including arcade games, e-games, adventure sports, fun rides, cultural performances, a horror house, and an enchanting open-air amphitheater experience.

The Women’s Self-Help Groups (WSHGs) under the aegis of ‘Mission Shakti’, Govt. of Odisha had also put up a lounge at this mega event this year. This endeavour showcased financial independence & women’s empowerment.

The CSR initiative Dr. Bijaya Kumar Sahoo-100 Library Project benefited from the UNWIND sponsorships. This philanthropic initiative aims to support government and private school students in Cuttack and Bhubaneswar by establishing fully functional libraries and providing teacher training in bookkeeping. Children from Shri Harsha Memorial School for Deaf and Mute also were a part of the mega event.

The holistic Parenting award was instituted to the parents of Class XII CBSE State topper Pratishtha Pal.

The SAIoneers didn’t hold back when it came to showcasing their abilities in plays, dances, or music. Team Unwind 2023 also took part with great enthusiasm, receiving thunderous acclaim from the crowd as they danced merrily in a flash mob.

The well-known band T.R.A.P. hit the stage at UNWIND 2023 amid the enchanted atmosphere of the celebrity event. A wonderful mood was created in the darkness by their enthralling performance, filling the air with a perfect blend of tunes and laughter. Unwind 2023 became a tapestry of innumerable remarkable moments that were all permanently captured in time as the evening went on. This amazing occasion has created a lasting impression that will always be treasured in the hearts and memory of everyone who was fortunate enough to take part in this remarkable celebration.

4, Dec 2023
Best 3 Essential Beauty Supplements for Wedding Glow

Unlocking your best look for the big day requires more than just makeup and styling. Enter beauty essentials that go beyond skin-deep. From fortifying your health with Diataal D’s nutritional support to SwisseMe Biotin Gummies preserving your hair’s natural shine, and HUM Daily Cleanse ensuring a radiant, flawless complexion, these supplements become your backstage pass to wedding season beauty. Let’s delve into how these powerhouses elevate your wellness and beauty regimen for a show-stopping bridal glow.

Diataal D

Diataal D, a blend of 6 vitamins and 7 minerals, fueled by Vitamin D and ALA, is your go-to for peak health during the wedding season. This powerful fusion caters to your nutritional needs, ensuring vitality and well-being. Amidst the festivities, Diataal D becomes your secret support, fortifying your immune system and energy levels. Whether you’re the bride, groom, or cherished guest, this supplement ensures you’re at your best, radiating health and vigor throughout the celebratory whirlwind. With Diataal D, relish every wedding moment with robust health, ensuring you shine brightly during this special season.

Best 3 Essential Beauty Supplements for Wedding Glow

SwisseMe Biotin Gummies

Getting ready for each function during a wedding ceremony means sporting a different look, including our hair. It entails subjecting our hair to hours of heat and chemical products, which is bound to harm the health of the hair. Regular consumption of biotin supplements keeps the hair healthy and maintains its natural shine, allowing us to style it in a variety of ways. Swisse Biotin Gummies are fortified with biotin, nicotinamide, and vitamin C and come in a great-tasting strawberry flavor.

HUM Daily Cleanse

HUM Nutrition’s Daily Cleanse is like a beauty retreat for brides. It helps your skin look amazing and keeps you healthy inside. Filled with good stuff like herbs and minerals, it makes sure your makeup goes on smoothly, giving you a natural and glowing look on your wedding day without worrying about pimples. It’s not just for the big day; it’s a routine that keeps your inner beauty shining. With HUM Nutrition, you’re choosing to be a healthier and more confident bride. Daily Cleanse is like your reliable friend, making sure you walk down the aisle feeling fantastic, healthy, and beautiful.

4, Dec 2023
The Kamaladevi Chattopadhyay NIF Book Prize Announces the Winner of its Sixth Edition

Bangalore, Friday; December 4th, 2023: The New India Foundation announces the Winner of the Kamaladevi Chattopadhyay NIF Book Prize 2023 — Akshaya Mukul for Writer, Rebel, Soldier, Lover: The Many Lives of Agyeya, published by Penguin Random House.

The winner of the sixth edition was selected from a diverse shortlist of five magisterial books across a distinct range of Indian history, including Achyut Chetan’s Founding Mothers of the Indian Republic (Cambridge University Press), Rotem Geva’s Delhi Reborn: Partition and Nation Building in India’s Capital (Stanford University Press), Gita Ramaswamy’s Land, Guns, Caste, Woman: Memoirs of a Lapsed Revolutionary (Navayana), and Taylor C. Sherman’s Nehru’s India: A History in Seven Myths (Princeton University Press).

2023_Winner_Kamaladevi Chattopadhyay NIF Book Prize

The Kamaladevi Chattopadhyay NIF Book Prize recognizes excellence in non-fiction writings about modern and contemporary Indian history by writers of all nationalities. The winner receives a cash award of INR 15 lakhs, a trophy, and a citation.

The winner was selected by an eminent Jury including political scientist Niraja Gopal Jayal (Chair); entrepreneur Manish Sabharwal; historian Srinath Raghavan; former diplomat Navtej Sarna; policy analyst Yamini Aiyar, and lawyer Rahul Matthan.

The Jury Citation for the Kamaladevi Chattopadhyay NIF Book Prize 2023:
“This is an outstanding biography of the writer, Sachidanand Hiranand Vatsyayan Agyeya, one of the towering figures of the Hindi literary world in the 20th century. Through Agyeya’s life, the book offers a panoramic view of the landscape of Hindi literature in possibly its most fertile period, and of the exceptional writers and poets who populated it.”

4, Dec 2023
Chhatrapati Shivaji Maharaj Vastu Sangrahalaya And Partners Present A New Model Of International Co-Curation And Cooperation

Mumbai, 4th December 2023 – More than 65% of India’s vast population is under the age of 25. For most young Indians, the primary sources for understanding the world around them are schools, universities, books, and popular media. Indian museums can play a critical complementary role by providing direct experiences with original works of art, allowing people to reflect on, and draw their interpretations from, real evidence of history.

The Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, CSMVS Museum, Mumbai attracts over a million visitors annually, most of whom are children and young adults. Working closely with universities, schools, and NGOs, CSMVS is a public-facing people-first museum, which, with its participatory approach, has been adaptive to the changing needs of the people. Today, it invests over 60% of its annual budget in education and outreach.

On the occasion of 75 years of Indian Independence and India’s Vasudeva Kutumbakam (‘the world is one family’) initiative, CSMVS Museum, Mumbai is honoured to present an exceptional tribute planned in association with its special international partners – the Getty, The British Museum, the Staatliche Museen Zu Berlin, as well as leading Indian museums.

Ancient Sculptures - Key Gallery

With the opening of Ancient Sculptures: India Egypt Assyria Greece Rome, for the first time ever, the Indian public and the country’s young population will have the opportunity to view, and study the great artistic achievements of the ancient Mediterranean alongside India’s vast living heritage of sculptural traditions. In an act of extraordinary generosity, our international colleagues have allowed great works of art from their collections to remain at the CSMVS Museum, Mumbai for almost one year from December 2023 to October 2024. We are truly grateful for their trust and equally grateful to the Government of India and the Government of Maharashtra for their support.

In early 2025, this ambitious collaboration will culminate in the opening of an Ancient World Gallery at the CSMVS, where the partners once again will share their collections, lending well over 100 objects.

In a pioneering exercise of global co-curation, unprecedented both in India and abroad, objects for the present exhibition were chosen by Indian curators to take their place in Indian narratives of antiquity, joining and complementing cultural histories from ancient Greece and Rome. Curators from CSMVS Museum Mumbai, with their colleagues from the participating museums have chosen sculptures to be exhibited alongside objects from their collection.

This long-term project of sharing collections is made possible through the generous support of the Getty.

The themes will explore traditions that shaped ancient cultures, many of which continue to dominate aspects of society today such as the role of nature in human lives, the divine form, and concepts of beauty. Displayed beside the Museum’s Indian collections, the visiting sculptures will demonstrate the interconnectedness of the ancient world — and the extraordinary longevity of India’s cultural traditions.

The experience will be further enriched through immersive gallery walks, a multilingual audio guide, and short films featuring experts from different parts of the world talking about the exhibits.

Ancient Sculptures - Key Gallery 2

India And Its Role In The Ancient World

As India continues to commemorate 75 years of independence across the nation and the globe, this project highlights the rich history of the ancient world and India’s position in it. Young Indian visitors will explore India’s centuries-old capacity to cradle and sustain a diversity of ideas and cultures, both from within and outside the subcontinent, underscoring thousands of years of cultural exchange.

“More than 65% of India’s vast population is under the age of 25. For decades, school children and university students in India have learned about ancient Egypt and Mesopotamia, Greece and Rome, but until now they have not been able to study at first-hand any of the great works of art that these civilisations produced. We see the exhibition as a unique and important educational endeavour that provides our Indian audiences and children with new ways of viewing their own culture as a result of seeing it in relation to other societies and geographies” said Sabyasachi Mukherjee, director general of the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, Mumbai.

A New Model For Museum-University Partnership

The impact of the project will be increased and strengthened through school and university programmes across the country that will enable teachers and professors to introduce teaching with original art objects. The initiative will also enable micro-exhibitions onboard CSMVS’s mobile travelling buses, the Citi-CSMVS Museum on Wheels, that will ensure the project’s learning seeps deep into the cultural fabric of rural India.

This Pilot Project is a prelude to the larger initiative of the Ancient World Gallery which is planned to open in early 2025 — a new gallery on the ancient civilisations at CSMVS, which is planned to open in 2025. Both projects together hope to reach out to 5 million people physically, nearly 60 percent of whom will be school and university students; and 1 million digitally, to redefine the role of museums in formal learning, thereby widening their educational and social contribution.

Discussions with a group of universities from across the sub-continent has led to an ambitious undertaking, which will be developed in association with Cambridge University’s Global Humanities Programme. Because of the exceptional length of loan for both phases, it will be possible for universities to devise a bespoke curriculum, specifically designed to take advantage of the presence of the visiting objects. For more distant universities, preliminary teaching may be done on campus remotely, to be followed by visits to Mumbai and the Museum. Lectures and seminars will be given by both Indian and international scholars: among these, there will be, crucially, specialists from the source countries — thus offering a range of perspectives which should lead to many new insights.

CSMVS has also planned a series of lectures, films, and other activities, many of which will take place in Maharashtra and several cities outside of Mumbai.

“CSMVS has organized a fantastic exhibition that infuses art from European collections and Getty with fresh ways of looking and understanding – and brings CSMVS’ own objects into a larger global narrative,” said Katherine Fleming, President, and CEO of Getty. “This is our objective in supporting cross-continent collection sharing.”

Sabyasachi Mukherjee, Director General, Chhatrapati Shivaji Maharaj Vastu Sangrahalaya, Mumbai, said that “We see ‘Ancient Sculptures: India Egypt Assyria Greece Rome’ as a unique and important educational endeavour providing our Indian audiences and children (in particular the high percentage of India’s young people who might never have the opportunity to travel and experience the art and culture of other parts of the world), with new ways of viewing their own culture as a result of seeing it in relation to other societies and geographies. It is intended that this project have not just local but national and international outreach and that it might introduce new ways of approaching information and learning that have the potential of being introduced into our own school and university curricula. The Public programming, Metro City outreach initiative, the University programme, and the Museum’s extended education services are designed to encourage large numbers of young adults to visit the exhibition and to leave it with a new understanding not only of Indian history in the ancient world but also of their own proud place within it as citizens of the world.

Neil MacGregor, Advisor to the Getty’s sharing collections programme said, “This small exhibition is a huge experiment. Here for the first time is the ancient world seen and interrogated not from a European point of view but from the standpoint of India”.

Prof. Dr. Hermann Parzinger, President, of Stiftung Preußischer Kulturbesitz said that ”For the Berlin museums, this major long-term partnership with CSMVS is a welcome step towards deepening our ties with India, and we look forward to working together on the next stage of this enlightened project of sharing our collections in the years to come’.

The Next Stage: The Ancient World Gallery At CSMVS 2025

Having the Museum’s collection of ancient Indian material as its core, and drawing on the collections of our partners, the new gallery will focus on the four river cultures of Harappa (Indus civilisation), Mesopotamia, Egypt, and China. Expanding into the Persian, Greek and Roman worlds, it will stress the legacies and oftentimes interconnectedness of these civilisations and how they continue to impact the world today. The Ancient World Gallery will once again be a collaboration of the four partner museums, supported by Getty.

2, Dec 2023
Toyota Motor Corporation announces Regional Level restructuring with India poised to play a vital role

Bengaluru, December 02, 2023: Toyota Motor Corporation (TMC) today announced a significant regional restructuring, reemphasizing the pivotal role of India in the company’s global strategy. Currently, as a part of the Asia Region, the Indian market already enjoys high priority. With this change, India will now play an even more crucial role by being integrated into the Middle East, East Asia & Oceania Region and acting as the hub of the new “India, Middle East, East Asia & Oceania Region” starting January 1, 2024.

The new reorganization, which underlines the growing significance of India in Toyota’s global business landscape, reflects the increasing potential of the market upheld by its dynamic and skilled workforce.

Mr._Masakazu_Yoshimura,_Managing_Director,_Toyota_Kirloskar_Motor_Pvt._Ltd._-_2[1]

As part of this development, Mr. Masakazu Yoshimura, MD and CEO of Toyota Kirloskar Motor (TKM) will concurrently be the Regional CEO. Appointed as MD and CEO of TKM in 2019, Mr. Yoshimura, having worked in countries such as Japan, China, and South Africa, brings close to 30 years of rich automobile experience covering diverse fields such as Product Planning, Pricing, Sales, and marketing, etc. During his tenure, TKM has successfully launched several world-class products including the Urban Cruiser Hyryder, and the Innova Hycross, both with Hybrid Electric Vehicle variants and the Hilux.

Celebrating 25 years of operations in the country, Toyota Kirloskar Motor (TKM) has announced a series of priority investments marking a substantial stride towards establishing India as a global hub for the manufacturing of clean and green technologies. On November 21, 2023, the company announced fresh investments of INR 3,300 crores involving setting up of a new plant by 2026, thus adding to capacity thereby resulting in a substantial boost to the local manufacturing eco-system, along with ushering new technologies to create “mobility for all. The new plant is expected to ramp-up production capacity by 1,00,000 units, annually, and generate around 2000 numbers of additional employment.

Last year, in 2022, Toyota Group of companies, that included Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts (TKAP), had also announced a Memorandum of Understanding (MOU) with the Government of Karnataka to invest INR 4,100 crores, aimed at making deeper cuts in CO2 emissions and enhance electrification and accelerate the shift towards greener technologies.

2, Dec 2023
Former Top Lutyens’ Bureaucrat Launches Bengali Memoir in Delhi

Kolkata, 2nd December, 2023: Sumit Dutt Majumder, former Chairman of the Central Board of Excise and Customs, launched his Bengali memoir titled Jonopod Thekey Rajpath – A Memoir (loose translation: From The Streets of a Small Town to the King’s Way) in an event at the Chittaranjan Bhavan’s ‘Bhavan Bookfest 2023’ in Chittaranjan Park.

Besides his work in the field of customs, excise, anti-smuggling and narcotics in cities like Mumbai, Delhi, Kolkata and Pune, Mr. Dutt Majumder has also worked in other areas, on deputation. These include being Joint Director (Works), monitoring and coordinating the construction and renovation of seventeen stadia spread across Delhi for the 1982 Asian Games. He was also a Special Assistant to Rajiv Gandhi (then MP) at this time. He has also worked on the Non-Alignment Meet of 1983 as Joint Director (Security Access Control). And he served in Bahrain as Director (Trade Promotion), Cardamom Board (later expanded into the Spices Board), where his beat was the entire West Asian and North African (WANA) region.

Sumit Dutt Majumder,

“Jonopod Thekey Rajpth – A Memoir is a documentation of my lifelong experience of working in different areas,” Sumit Dutt Majumder says. “It is the story of my journey from a small town to the corridors of Lutyens’ Delhi, told so that it is easy to understand and enjoy, even for a layperson.”

The book was released after an initial talk by Siddhartha Dasgupta, a theatre personality and General Secretary, of the Deshbandhu Chittaranjan Memorial Society. For the launch, the author was in conversation with Gautam Hore, author and senior journalist at Deutsche Welle, Bangla.

Sumit Dutt Majumder has previously authored many books, in English, on Customs Valuation, the Goods and Services (GST) Act, and Article 370. While some of these books have been authored for practitioners, two of his books—GST: Explained for the Common Man and Article 370: Explained for the Common Man—have been bestsellers and have been translated into Hindi. He has also written a Bengali novel titled Donde Chonde in 1984. Mr. Dutt Majumder is the recipient of the ‘Asiad Jyoti’ for his work in the preparation for the Asian Games in 1982, and the ‘Presidential Award’ for his investigation of Customs frauds, in 1991.

2, Dec 2023
NMDC’s Show of Strength, Best Ever Production Upto Nov’23
  November 2023 November 2022 Growth Upto November 2023 Upto November 2022 Growth
Production

(In MnT)

3.83 3.61 6% 27.31 23.32 17.11%
Sales

(In MnT)

3.79 3.04 24.7% 27.78 22.49 23.55%

 

Hyderabad, 2 December 2023: Mining giant NMDC delivers its best-ever November month performance in company history, producing 3.83 MnT and selling 3.79 MnT of iron ore in November 2023. With these figures, the company recorded a 6% growth in production and a 24.7% upswing in sales over CPLY.

Continuing to deliver exceptional volumes, NMDC’s cumulative iron ore production has now touched 27.31 MnT and cumulative sales stand at 27.78 MnT up to November 2023. A stellar growth year for NMDC, this is the company’s highest-ever cumulative production and sales up to November 2023. Over CPLY, the cumulative production is 17.11% higher while sales have grown by 23.55%.

NMDC 1

Speaking on NMDC’s booming volumes, Shri Amitava Mukherjee, CMD (Additional Charge) said, “NMDC’s performances month after month signal a future where the company stands at the forefront of transformation in the mining sector. We are targeting not only a volume shift but preparing for a paradigm shift in how we conduct business to go from owning 1/6th to more than a quarter of the domestic market share by 2030.”