Piramal Enterprises Limited announces consolidated results for Q3 and 9M FY2024

Piramal Enterprises Limited announces consolidated results for Q3 and 9M FY2024Mumbai, India January 30th, 2024: Piramal Enterprises Limited (‘PEL’, NSE: PEL, BSE: 500302), a leading diversified NBFC, today announced its consolidated results for the Third Quarter (Q3) FY2024 ended 31st December 2023.

Ajay Piramal, Chairman, Piramal Enterprises Ltd., said, “We have achieved significant milestones outlined in our strategic roadmap earlier in this financial year. We have made progress across key areas, including AUM growth momentum, business mix optimization, enhanced underlying operating profitability, and improved asset quality. Notably, we are surpassing our medium-term guidance in terms of growth and business mix.

In response to the RBI circular issued in December, we made complete provisions for our investments in AIFs, subsequently removing them from our AUM. Our confidence in the full recovery of these investments remains strong, which is evident in the positive payment record thus far.

We have made substantial enhancements to our net interest margins, achieved robust fee income growth, and optimized opex ratios to deliver a strong core operating profit. Our commitment is to further enhance profitability by optimizing operating leverage in our growth business and reducing the contribution of the legacy business.

Positioned as an at-scale player in both retail and wholesale segments, PEL is poised for continued growth and improved profitability. The trajectory forward involves steadily scaling up our growth business, strategically winding down legacy wholesale assets, and divesting non-core assets. We believe, this approach will drive future growth and sustained profitability.”

Quick Heal Aces the Internet Safe Banking Test 2024 Conducted by AVLab Cybersecurity Foundation, Poland

New Delhi, 30th  January 2024: Quick Heal, a leading global cybersecurity solutions provider, is proud to announce that its Safe Browser & Safe Banking feature has been certified by AVLab Cybersecurity Foundation, Poland, as one of the safest for browsing and online banking, cementing its position as a global leader in the cybersecurity domain. Becoming the only Indian cybersecurity company to gain this certification, Quick Heal continues to be at the forefront of the industry, setting new benchmarks in cybersecurity innovation.

The rigorous two-month evaluation by AVLab delved deep into the efficacy of Quick Heal’s Safe Browser & Safe Banking module, focusing on its resilience against the ever-evolving landscape of banking frauds. Tested against 7 globally reputed cybersecurity solutions providers, Quick Heal Total Security’s Safe Browser & Safe Banking module emerged with full score across all safety parameters, including hijacking system clipboard, swapping system clipboard, logging keystrokes, capturing screenshots, remote control of the computer, and searching drive and file theft.

Commenting on the achievement, Vishal Salvi, Chief Executive Officer of Quick Heal Technologies Limited, said, “We are delighted and honored to be certified and accredited by AVLab for achieving the top score in the test. This validates Quick Heal’s unwavering commitment to pioneering cybersecurity solutions. Quick Heal Total Security’s Safe Browser & Safe Banking module’s triumph in the rigorous testing reflects our relentless pursuit of excellence, innovation, and user protection. As we continue to redefine cybersecurity standards, this accolade strengthens our resolve to create a digital landscape where users can navigate with confidence. We are proud to set new benchmarks in the industry and remain committed to securing the digital future.”

AVLab’s testing methodology, aligned with the Anti-Malware Testing Standard Organization, simulated real-world cyber threats using actual malware. Quick Heal’s Safe Browser & Safe Banking module showcased unparalleled effectiveness in safeguarding users against online banking attacks. This certification stands as a testament to Quick Heal’s unwavering commitment to excellence, innovation, and making the digital world a safer space for users worldwide.

Quick Heal’s journey in cybersecurity has always been about staying ahead of the curve. The latest recognition from AVLab is a testament to the company’s dedication to providing cutting-edge solutions, prioritizing user safety, and redefining the standards of cybersecurity.

For more information about Quick Heal’s range of comprehensive cybersecurity solutions, please visit www.quickheal.co.in

Indel Money Limited announces Public Issue of up to Rs.200 crores of Secured, Redeemable NCDs

Indel Money Limited announces Public Issue of up to Rs.200 crores of Secured, Redeemable NCDsBengaluru, 30th January, 2024: Indel Money Limited, one of the fastest growing NBFC in the gold loan sector, announced the 4th public issue of Secured NCDs of face value of Rs.1,000 each. The Issue opens on TuesdayJanuary 30, 2024 and closes on Monday, February 12, 2024 (with an option of early closure in case of early over subscription).

Mr. Umesh Mohanan, Executive Whole Time Director, Indel Money Limited said, “Our business strategy is designed to capitalize on our competitive strengths to enhance our position in the Gold Loan industry and to expand our presence. The first half of FY24 saw the company demonstrating a stellar performance with its profitability surging by a record 568.86% buoyed by a strong AUM growth, heightened demand for gold loans, expansion into newer territories and operational efficiencies despite a challenging business environment. We aim to continue to grow our loan portfolio by expanding our branch network by opening new branches. Increased revenue, profitability and visibility are the factors that drive the branch network. With this issue, we aim to expand our sources of funds.”

The issue includes a Base Issue Size for an amount of up to Rs.100 crores with an option to retain over-subscription up to Rs.100 crores aggregating up to Rs.200 crores. The Lead Manager to the Issue is Vivro Financial Services Private Limited.

The funds raised through this issue will be used for the purpose of onward lending, financing and for repayment/prepayment of principal and interest on borrowings of the Company.

Indel Money Limited had a total outstanding AUM (excluding off-balance sheet assets) amounting to Rs.81,740.86 lakhs as on September 30, 2023 as compared to Rs.64,768.53 lakhs as on March 31, 2023. Gold Loans takes up ~82% of the loan portfolio with a branch network of 250 branches as on September 30, 2023. Indel Money Limited intends to widen our geographic footprint by Fiscal 2025 to over 425 branches across 12 Indian states, expanding to eastern and northern states in India.

Indel Money Limited had successfully launched 3 public issues of NCDs and raised more than Rs.260 crores. 

Notes to the Editor: Indel Money Limited

We are an NBFC in the gold loan sector lending money against the pledge of household gold jewellery (“Gold Loans”) in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Odisha, Maharashtra and Telangana and the union territory of Puducherry. We also provide loans against property, business loans and personal loans. Our Gold Loan portfolio (excluding off-balance sheet assets) for on the half year ended September 30, 2023, and Fiscal 2023, 2022 and 2021 amounted to ₹67,132.98 lakhs, ₹50,635.60 lakhs, ₹42,135.99 lakhs and ₹30,994.35 lakhs which is 82.13%, 78.18%, 80.46% and77.71% of our total loans and advances (excluding off-balance sheet assets) as on such specific dates. We, as on September 30, 2023, had a network of 250 branches spread in the states of Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Odisha, Maharashtra and Telangana and the union territory of Puducherry.

World’s Leading Portable Blender Brand BlendJet Enters India

World's Leading Portable Blender Brand BlendJet Enters IndiaNew Delhi, 30th January, 2024: BlendJet, the global leader in portable blenders, is pleased to announce its entry into the Indian market. For the first time ever, the US-headquartered brand is offering its highly sought-after BlendJet 2 portable blender to customers across all Indian states and Union Territories. BlendJet‘s foray into the Indian market is a significant milestone, which further solidifies the company’s status as one of the fastest-growing multinational direct-to-consumer (D2C) brands. Banking on a robust supply chain and strategic consumer outreach in IndiaBlendJet intends to register a triple fold increase in its sales volume over the next 6 months.

Speaking about the company’s expansion to the Indian market, BlendJet CEO & Co-Founder Ryan Pamplin said, “From Yoga to Ayurveda, India has always been a country that values health and wellness. BlendJet‘s commitment to enhancing daily nutrition and lifestyle choices aligns perfectly with this ethos. We are incredibly proud to extend our presence to India and are excited to contribute to their dynamic D2C growth. We expect a revenue surge of nearly $1.5 million with our entry into the Indian market.

Further elaborating, he said that BlendJet 2 gives customers the freedom to make anything they want, anywhere in the world — from a mountaintop to their kitchen countertop. Compact yet powerful, BlendJet 2 makes it easy to whip up smoothies, protein shakes, baby food, frozen lattes, milkshakes, salad dressings, chutneys, soups and more. Equipped with a USB-C port for seamless charging and a popular self-cleaning feature, BlendJet 2 is the ideal choice for on-the-go lifestyles.

Easy and convenient to use at home, at work, outdoors, at the gym, in the car, at a beach, or anywhere else, these portable blenders are currently available in India exclusively on BlendJet.in. BlendJet 2 comes in a host of vibrant colours and patterns, including Black, Glacier, Royal Blue, Mint, Lavender, Purple, Red, Black Marble, Geode and Urban Camo, and has been launched. BlendJet is planning to unveil an exclusive Disney range in India soon, too.

Real estate sector is hopeful for positive outcomes from the upcoming budget

Following the robust rebound witnessed by the real estate sector in 2022, it is currently facing challenges like high input costs and increasing interest rates. The industry is now anticipating positive outcomes from the upcoming budget presentation by Finance Minister Smt. Nirmala Sitharaman. Despite the prevailing optimism, certain hurdles need attention. The lingering threat of the pandemic persists, and a decline in income might affect demand, especially in the price-sensitive, affordable segment and real estate development in tier II and III cities. The sector is cautiously optimistic, recognizing both positive trends and potential challenges in the evolving economic landscape.

Kushagr Ansal, Director Ansal Housing said, “The real estate sector is the sturdy growth pillar in the Indian economy, and eagerly anticipates the budget to fulfill its longstanding request for industry status. Developers are hopeful for reduced interest rates and tax incentives, serving as economic alleviation during crises.”

Rajesh K Saraf, MD, Axiom Landbase said, “NITI Aayog’s forecast of the Indian real estate sector reaching a $1 trillion market size by 2030 highlights its long-term prospects. The sector looks to the government for intervention in reducing input costs, specifically for steel, cement, and fuel. We also request the government to consider reducing the GST rate on cement and initiatives to promote affordable housing through tax incentives.”

Surender Kaushik, MD, Aryan Realty Infratech Pvt Ltd said, “With real estate contributing 6-8% to the GDP and employing over five crore people, expectations are high for the upcoming budget. Key proposals include a separate deduction for principal repayment, a redefined threshold for affordable housing, and increased carpet area limits. We also request changes in long-term capital gains taxation, exemptions to REIT investments, and introducing a single window clearance system to streamline approval processes.”

Vidush Arya, Head -Strategy, Orris Infrastructure Pvt. Ltd said, ““We anticipate favorable norms aimed at lowering interest rates and introducing tax rebates, encouraging sustained development and investment. Additionally, we hope for increased budget allocation towards new infrastructural developments. This dual strategic focus aligns with the positive momentum already witnessed, further elevating the quality of life for the home buyers and investors.”

Ashwinder R Singh, CEO Residential, Bhartiya Urban said, “The real estate scene had a defining moment in 2023, setting the stage for what’s expected to be an even more dynamic 2024. With a strong economy and potential adjustments in home loan interest rates, the sector anticipates a surge in demand. To align with the government’s vision of housing for everyone, crucial issues need attention. The upcoming budget is crucial, with the top wish being industry status for real estate. Key measures like simplified clearances, tax breaks, and GST adjustments are essential. There’s a call for a thoughtful plan for affordable housing, tapping into untapped potential and unmet demand. As we await the budget, all eyes are on the government’s proactive steps, hoping for a roadmap that boosts growth and resilience in the real estate sector.”

Rajjath Goel, Managing Director of MRG Group said, “The much-awaited industry status award would launch the real estate market into a new phase of expansion. Simultaneously, we hope that the government takes action to resolve significant problems such as the unchecked increase in input costs, particularly for basic materials like steel and cement. A streamlined clearance system is a paramount need for enhancing the operational efficiency of the real estate sector. This reform would help us cut through various levels of bureaucracy, ensuring faster project approvals and benefiting developers and prospective homebuyers.”

Ajendra Singh. Vice President Sales and Marketing, Spectrum Metro, “2023 not only brought the real estate sector into the limelight but also highlighted the role of commercial realty as a growth driver. We have huge expectations from the forthcoming budget. One of the foremost demands is the availability of GST input tax credits for commercial real estate. We would also like the government to consider conferring infrastructure status to the sector, allowing us easier access to credit and lower financing costs. Decreasing the input costs, such as steel and cement, revising depreciation rates for commercial buildings that align with current market realities, and tax incentives for investments in green buildings and sustainable development projects are other expectations from the forthcoming budget.

According to Ankit Kansal, Managing Director AXON Developer, “2024 will be an eventful year for Indian real estate, as, after a steady run, the market is set for a further jump. Meanwhile, the government and regulatory bodies need to play a more constructive, accommodating, and facilitating role. It needs to take steps, to reduce regulatory roadblocks, fuel market demand, and support the developer fraternity with fiscal and non-fiscal impetus. Meanwhile, GOI also needs to give attention to green and sustainable real estate in India, as its time has come. There have been a few prudent steps in the past in the form of lower tax rates, fast-tracking approvals, and reduced stamp duties to support sustainable realty. However more needs to be done in terms of bigger tax breaks, supporting green financing, and allocating larger funds towards sustainable infrastructure developments.

Prateek Mittal, Executive Director of Sushma Group, expressed, “We believe that the forthcoming budget will include income tax benefits for our sector, with high hopes and expectations for the return of the CLSS scheme. Anticipating a stronger real estate market, we foresee fiscal support that recognizes the industry’s critical role in economic recovery. Affordable housing remains the focal point for inclusive growth, and we eagerly await government initiatives that promote and incentivize such projects. By addressing diverse housing needs, these initiatives are expected to transform the real estate landscape, contributing significantly to the nation’s social and economic fabric.”

Tejpreet Singh Managing Director of Gillco Group said, “As real estate’s contribution to India’s GDP is expected to rise to 13% by 2025, the forthcoming budget is eagerly awaited for sectoral rejuvenation. Key expectations include redefining affordable housing criteria, increasing carpet area limits, and significantly boosting affordable housing.”

According to Mukul Bansal. Managing Director, Motiaz, “2023 marked a successful year for real estate, showcasing the positive impact of low prices, low interest rates, and abundant supply. In the upcoming budget, initiatives such as raising the deduction limit under section 80C, addressing the industry status demand, and implementing a single window clearance system are crucial for realizing the country’s housing aspirations.”

Vedanta Aluminium recognised as the world’s mostsustainable aluminium producer by S&P Global CSA

Vedanta Aluminium recognised as the world's mostsustainable aluminium producer by S&P Global CSA30th January 2024:Vedanta Aluminium, India’s largest producer of aluminium, announces securing the top rank in the esteemed S&P Corporate Sustainability Assessment (CSA)rankings for the aluminium industry, for the assessment period 2023. This definitive benchmark reiterates Vedanta Aluminium’s position as the world’s most sustainable aluminium producer, outperforming its global peers on Environment, Social and Governance (ESG) practices.

The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices. It covers over 10,000 companies from around the world. The CSA focuses on sustainability criteria that are both industry-specific and financially material, and is considered the premier external sustainability assessment by leading companies. Previously, Vedanta Aluminium held the2nd rank among aluminium industries globally as per the 2022assessment.Over the past year, the company achieved a substantial increase across all assessed areas, namely, Environment, Social and Governance performance. This has culminated in an increase in its overall CSA assessment score, enabling the company to secure the top rank in 2023.

Leading companies across various industries undergo annual evaluations of their sustainability practices. Vedanta Aluminium scored high on the assessed criteria, especially on biodiversity, occupational health & safety, social impact, human rights, talent planning and water management practices.

Aluminium is playing an increasingly significant role in enabling sustainable applications and aiding entire economies in decarbonizing their value chains and enabling the global energy transition. Vedanta Aluminium has committed to achieve Net Zero by 2050,adopting a two-fold strategy of reducing and offsetting its carbon footprint. In terms of reduction, the company is focused on increasing the quantum of renewables in its energy mix, enhancing its manufacturing excellence to ensure higher operational efficiencies, and transitioning to low-carbon energy sources such as biofuels. To offset its residual carbon footprint, the company is also creating substantial carbon sinks through extensive afforestation efforts. Through its operations, the company is enabling wider global access to responsibly produced, high-quality aluminium to ensure a greener future for the planet.

Speaking on the achievement, Mr. John Slaven, CEO, Vedanta Aluminium said, “We have embarked on a transformative journey where our commitment to sustainability goes beyond business compliance to focusing on how we can make a positive impact on the environment. Securing the top rank in the S&P Global CSA recognizes our commitment to fully embed sustainability practices across every facet of our value chain, from sourcing to product delivery. We are prioritizing higher resource efficiencies, greater use of renewables in our energy mix, ’converting waste into wealth’ while also ensuring the safety and well-being of our employees and forgingen during partnerships with our communities for inclusive development. Through these efforts, Vedanta Aluminium is crafting a legacy of environmental stewardship, paving the way for a more sustainable future.”

An extensive deep-dive of the efforts that have contributed to the company ranking #1 on the CSA rankings for2023 is available in the company’s Sustainable Development Report FY23, accessible on https://vedantaaluminium.com/sustainability/sustainability-report/

The key milestones achieved by the company in its journey towards sustainability are:

  • Reducing GHG emissions intensity by ~8% in FY23 over the FY21 baseline while increasing production by ~16%
  • Achieving a noteworthy 11% reduction in water withdrawal from freshwater sources
  • Significant freshwater usage savings of 1.5 million cubic meters
  • Doubling waste utilization to 200% in FY23, boosting circular economy avenues
  • Collaborating on over 40 rural community water bodies restoration projects
  • Inducting India’s largest fleet of electric forklifts, reducing carbon footprint arising from logistics
  • Positively impacting over 6.3 lakh women and children through focused social interventions
  • Increasing community investments by over 45% in FY23, to drive extensive initiatives in education, healthcare, livelihood, community infra, and grassroot art, culture & sports
  • Diversifying employee hiring to include transgender and differently-abled professionals in core operations, making Vedanta Aluminium a truly inclusive workplace

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1stin the S&P Global Corporate Sustainability Assessment2023 world rankings for the aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters and alumina refinery in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. www.vedantaaluminium.com

Sarvodaya Hospital, Faridabad launches Victorious Hearts initiative on Republic Day

New Delhi, January 30th, 2024: Sarvodaya Hospital, Sector 8, Faridabad has announced the launch of their new initiative ‘Victorious Hearts’ – a new program which provides 26 free heart surgeries for children from the under-privileged sector with congenital heart defects. This initiative, in collaboration with the Rotary Club of Faridabad, will be launched on the occasion of January 26, India’s 75th Republic Day, aiming to celebrate and uphold the country’s promise of sovereignty and equality to every citizen.

This brand-new CSR program will not only involve heart surgeries but also a screening program at Sarvodaya Hospital to identify children with underlying cardiac conditions or those showing early symptoms of potential heart complications. The program will continue to run even after 26th January. Sarvodaya Hospital plans to continue the screening indefinitely and if needed, provide more surgeries, on a case-by-case basis.

Dr Rakesh Gupta, Chairman, Sarvodaya Healthcare spoke about the initiative, “We aim to raise awareness about paediatric congenital heart defects, potential treatments, and the critical importance of timely intervention. We have already conducted many free cardiac surgeries for children in the past with the support of the other organizations and generous individuals. We also welcome other community members to contribute to the noble cause. We plan to make it a recurring initiative which can help these young men and women lead long, healthy lives. I would request everyone to join the initiative and contact us at 9355258181 if you know any child who needs help.”

The hospital has one of the most renowned paediatric cardiac units in the city and the country, comprised of several experienced paediatric cardiac experts and surgeons. A state-of-the-art Cath lab is part of the infrastructure available at the hospital, allowing for timely diagnosis, comprehensive treatment and complete rehabilitation and recovery of patients and in particular, children who suffer from heart-related concerns.

Dr Viresh Mahajan, Director of Paediatric Cardiac Science, Sarvodaya Hospital explained the importance of the initiative. “Congenital heart defects (CHDs) can have severe implications on the child’s health, causing symptoms like rapid heartbeat, difficulty in feeding, respiratory issues, weakness, poor growth and development, hole in the heart, heart attack etc. Through this program, we can hopefully diagnose and treat these problems before they become significant threats to the child’s well-being,” Dr Mahajan added.

The Victorious Hearts initiative is the newest in a long line of initiatives taken by Sarvodaya Healthcare. Previous cardiac initiatives included free paediatric cardiac surgeries for children from India, Afghanistan and Guyana. The team performs more than 1000 paediatric cardiac surgeries per year.

Further, the hospital has performed free cochlear implant surgeries of over 250 children, with the support of the government’s ADIP scheme and provided them with comprehensive support program post-implant. Like the Victorious Hearts initiative, the “Beti Bachao, Beti Padhao” initiative saw the hospital deliver 25 baby girls, free-of-cost.

Beyond providing care, Sarvodaya Healthcare also conducts weekly free health checkup camps, health talks, health awareness activities and more in nearby localities for both children and adults, as well as free mammography screening programs for breast cancer awareness and prevention.

Sarvodaya Hospital re-iterates its commitment to public healthcare and hopes to provide cutting-edge solutions to the marginalised communities in the NCR region through all such initiatives.

SAI International School successfully hosts the 4th edition of SAI Global Debate

SAI International School successfully hosts the 4th edition of SAI Global Debate with participation of 300 students from 41 schools across 6 countriesMumbai 30th January 2024: SAI International School, a distinguished CBSE board school in the country, proudly organized the 4th edition of the SAI Global Debate on Saturday, 27th January, 2024, showcasing an outstanding commitment to fostering critical thinking, communication, and collaboration skills among young learners. This remarkable online debate competition garnered an exceptional response, with an impressive turnout of over 300 participants hailing from 41 schools across 6 countries, namely Kenya, Oman, UAE, Uganda, Pakistan, and India. 

The SAI Global Debate, conceived by Dr. Bijaya Kumar Sahoo, Founder Chairman of SAI International Education Group, aims to cultivate a community of confident communicators and critically enlightened global citizens who are ready to shape a more inclusive, peaceful, and sustainable future for all.

This year’s world-class debating forum placed special emphasis on promoting awareness and facilitating in-depth discussions on two pivotal themes: “Sustainable Goals – Marching Towards Real Development” and “Artificial Intelligence and the Next Century.”

The grand opening ceremony witnessed the esteemed presence of Ms. Alison Barrett MBE, Director, British Council India, as the chief guest. The event also featured Ms. Marion Kenny, an eminent Scottish Storyteller, as the keynote speaker, along with Dr. Silpi Sahoo, Chairperson, SAI International Education Group, Bhubaneswar, Odisha.

 In her speech, Ms. Alison Barrett MBE, Director, British Council India, said, “I am delighted that you are all here and debating on important issues like sustainable development, climate change and artificial intelligence. These are critical issues that we take seriously around the world. There are various ways in which India and the UK can work together to create local solutions to these global issues. Last week, I was at the Conqueror Book Fair with some of the amazing writers and speakers from the UK, including Roma Agawam, one of the original designers and structural engineers of The Shard, the tallest building in the UK. I met Dr Robert Potts also, who is an expert in AI. It was a great experience to hear them talk about the importance of collaboration between universities, young people, generations, and people from different generations, as collaboration is the most crucial thing to make a difference in the world.”

Dr. Silpi Sahoo, Chairperson, SAI International Education Group, commended the large and enthusiastic group of young adults and remarked, “It is heartening to see such a large and enthusiastic group of young adults engaged in sharing opinion on global issues, coming together to find solutions to problems through constructive debate and an exchange of ideas.”

“In the intricacies of efficient communication, let us master the subtleties of body language, eye contact, and the artistry of words,” emphasized Ms. Marion Kenny, the eminent Scottish storyteller, during her keynote at the SAI Global Debate. “This mastery is the key to forging profound connections among us all.” Her captivating narrative, a beacon transcending borders, left an indelible imprint on the hearts of participants from diverse corners of the globe, illustrating the universal impact of a well-told story. She further added, “Stories, when skillfully told, possess the unmatched ability to unite and inspire.”

A paradigm shift in the political landscape: Your ultimate and proximate Political Advisor

A paradigm shift in the political landscape: Your ultimate and proximate Political AdvisorNew Delhi, 30th January 2024: With the aim of upgrading and refining the realm of politics for better and on-time action, a Kolkata-based P3 approach has been established and put at the centre of Indian political advisory organisations. The current emphasis has been laid on advising and delivering proper strategies to several MLAs, aspiring politicians, constitutional heads, and Members of Parliament in order to help them secure long-term, reliable, and sustainable positions.

political strategic advisory organisation known as P3: People, Policy, and Politics was founded in Kolkata two years ago. The model aims to develop future leaders and strong political leadership. It operates with a 360° full political solutioning model for both individual politicians and parties throughout the year and during election season. This is what gives this strategic model a new perspective and does away with the political advisory organisations’ typical ideology, which is implemented solely during election season.

This has created a digitally connected virtual spectrum of over 140 scholars in seven different countries. These scholars work together on an as-and-when basis, contributing expertise in political strategy, political policymaking, and political image engineering. Political researchers, social media analysts, and political scholars from the country’s top research institutions—JU, JNU, BHU, and ISI—make up their core team. Throughout the whole electoral cycle, P3 assists candidates, legislators, MLAs, and aspiring leaders in forging durable positions within their parties and territories.

Adding to the vision, Mr. Subhashish Banerjee, the founder of P3 said, “It is very important to understand political science, but we believe it is even more important to understand the science of politics.” A politician’s personal development is the most crucial element in the dynamics of political strategy in India, according to P3, even though it is party-based. The organisation’s remarkable 100% success record in election management since its inception serves as a testament to its accomplishments. P3’s accomplishments go so far as to turn people with no political experience into effective MLAs, demonstrating the organisation’s mastery of the subtleties of the science of politics.

Political advisory organisations are organisations that offer strategic advice and knowledge in a range of political strategy, public relations, communication, and policy development areas to people, political organisations, or governmental bodies in the fields of politics and government. Advisory firms aim to improve their clients’ visibility and credibility by developing branding and image-building strategies. This Kolkata-based P3 approach helps its seekers successfully navigate the complicated landscape of politics, elections, and governance while operating in the same dimension with its enhanced strategic vision.

LG Electronics India Certified as a Great Place To Work, emphasizing commitment to employee high satisfaction and growth

LG Electronics India Certified as a Great Place To Work, emphasizing commitment to employee high satisfaction and growthBengaluru, 30th  January 2024: LG Electronics, India’s leading consumer durable brand, announced that it has been Certified as a Great Place To Work® in India. This Certification truly highlights the company’s unwavering commitment to cultivating a positive and trustworthy workplace.

The Great Place To Work Certification™ is a prestigious recognition given to organizations that excel in creating an outstanding work environment for their employees. LG Electronics India achieved this by completing a thorough two-step process, which included Great Place To Work Trust Index™ Employee Survey, known worldwide as the leading way to understand how employees view their workplace and a rigorous culture audit, meeting the high standards set by the global authority on workplace culture.

Commenting on the same, Mr. Hong Ju Jeon- MD LG Electronics India said, “We are delighted to receive the Great Place To Work Certification, affirming our commitment to fostering an environment where our employees thrive both personally and professionally. This Certification reflects our ongoing efforts to prioritize our commitment towards employee-focused initiatives, ensuring a continued endeavors on fostering a positive workplace culture.”

Mr. Jwanam Kim- Expat HR Head, LG Electronics India remarked “The key focus has been Family engagement programs, which respect not only employee but also their families and community.” He further said, “Our aim is clear – to make LG Electronics the most loved brand in India and to achieve the same we will persistently strive towards enhancing employee satisfaction and making meaningful contributions to the Indian society.”

LG Electronics India is committed to building a workplace that attracts top talent, helping it maintain a strong position as one of the global leaders in the consumer durable industry.