5 Minutes Read

Mann ki Baat completes 100 episodes, thousands tune in to celebrate milestone

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The first episode of the Prime Minister Narendra Modi’s radio broadcast Mann Ki Baat, which was aired on October 3, 2014, completed 100 episodes on Sunday, April 30, 2023. To mark the occasion, special arrangements were made across the country to air the 30-minute-long episode. Here’s how India celebrated the historic moment:

As the 100th episode of Prime Minister Narendra Modi’s radio broadcast programme “Mann ki Baat” aired on Sunday, thousands of people tuned in to radios to witness the historic moment. The programme was also broadcast live at the United Nations headquarters in New York.

Expressing gratitude to the listeners, Prime Minister Modi noted that the broadcast filled the “emptiness” he felt after coming to Delhi in 2014 and described it as an expression of the feelings of crores of Indians which has ensured he is never cut-off from people.

“Mann ki Baat has become a festival that celebrates the positivity of India and its people,” he said and added he was filled with emotions at the thousands of letters he received from listeners on the occasion of its 100th episode.

“The programme is a reflection of the “mann ki baat” of crores of Indians and an expression of their feelings. Be it ‘Swachh Bharat’, Khadi or ‘Azadi ka Amrit Mahotsav’, issues raised in “Mann Ki Baat” became people’s movements, he added.

Modi said the monthly radio broadcast, which mostly steers clear from politics, has become an important medium of learning from others. “This programme has ensured that I am never cut-off from you,” he added.

Also Read: Mann Ki Baat — here’s how it became the ideal platform to discuss key healthcare issues and solutions in India

The Bharatiya Janata Party arranged nationwide celebrations to mark the occasion of “Mann Ki Baat@100”.

Twitter was flooded on Sunday with reactions and visuals from parts of India where large numbers of people were seen gathered to listen to the 100th episode of the programme.

Passengers at various railway stations listened the broadcast of the programme at digital screens, while special arrangements were made for the programme broadcast at the women’s jail in Mumbai.

Not only this, the live broadcast was arranged at temples, government schools, restaurants, major dargahs, madrasas and Urdu schools in parts of the country.

 

The BJP earlier announced to organise 100 programmes in different Assembly constituencies with top BJP leaders, including national president JP Nadda, Union Home Minister Amit Shah, and Defence Minister Rajnath Singh, participating in various programmes on April 30.

The BJP’s Mumbai unit made arrangements for the live broadcast of the programme at 5,000 places across 36 Assembly constituencies in the city and suburbs. Union minister Piyush Goyal also attended the broadcast at an event here.


Union Minister Amit Shah, who arrived in Mumbai on a private visit, attended the broadcast at an event organised in suburban Vile Parle. Mumbai BJP president Ashish Shelar, BJP’s MP from North Central Mumbai Poonam Mahajan and local MLA Parag Alavani were also present at the event attended by Shah.

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index Price Change
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sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Re-Imagining real-time customer experience

In today’s competitive business landscape where companies offer identical products or services what makes a brand tick for a customer is the differentiated and customised experience. This is forcing businesses to rethink their procedures as customers have more power than ever in how they acquire products and services in a digitally connected world. Traditional methods of engaging with customers are becoming obsolete as consumers demand a seamless, consistent, and real-time experience. In this podcast, we explore how enterprises can reimagine real-time customer experience that can drive customer loyalty, increase sales, and boost overall business success.

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 5 Minutes Read

Global cues, Nifty 50 earnings likely to influence market in the week ahead

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

In the upcoming week, the market will be awaiting Federal Open Market Committee (FOMC) statement, scheduled to be announced on May 3, and the European Central Bank (ECB) will announce its interest rate decision on May 4. 

US Federal Reserve’s interest rate decision, global markets trends and earnings are likely to impact the domestic equity markets in the coming week. Movement in the global crude oil, US bonds yields and the dollar index will also remain in focus during the truncated week.

Foreign funds’ trading activity, monthly automobile sales data would also remain in focus. Indian equity market will remain closed on Monday on account of ‘Maharashtra Day’.

In the upcoming week, the market will be awaiting Federal Open Market Committee (FOMC) statement, scheduled to be announced on May 3, and the European Central Bank (ECB) will announce its interest rate decision on May 4.

Also Read: Central Bank of India Q4 profit surges 84% to Rs 571 crore

In the domestic market, March quarter earnings and auto sales numbers will remain in focus. Adani Enterprises, Tata Steel, Titan, Hero MotoCorp Adani Green, Bharat Forge, TVS and HDFC Ltd are some of the companies that will announce their financial results in the coming week.

The Purchasing Managers’ Index (PMI) data for manufacturing and services sector will also influence trading in the market.

In the week ended April 28, BSE Sensex and NSE Nifty 50 rose more than 2.5 percent each to post biggest weekly gain in nine months.

Also Read: RBL Bank Q4 net profit rises 37% to Rs 271 crore

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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DGCA issues show cause notice to Air India Chief & Flight safety head

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Both CEO and Chief of flight safety are to file reply to the show cause notice within 15 days. Last week, the DGCA said it was conducting a probe into a matter where a pilot of an Air India flight, operating from Dubai to Delhi, entertained a female friend in the cockpit, on February 27 thus violating DGCA safety norms.

Aviation regulator Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Air India CEO Campbell Wilson for the airline’s lapses in reporting about the incident of a pilot allowing a female friend inside the cockpit during a Dubai-Delhi flight on February 27, a source said.

The notice has also been issued to the airline’s Head of Safety, Security and Quality Functions Henry Donohoe.

The source said that these notices are issued to the top airlines officials for delaying the investigation and not reporting to the concerned authority at time.

Also Read: Air India appoints Vistara senior executive Sisira Kanta Dash on a key post

Both CEO and Chief of flight safety are to file reply to the show cause notice within 15 days.

Earlier this week, the DGCA had directed Air India to ground the entire crew of a plane. The cabin crew and the pilot will remain derostered till investigations are complete, the regulator informed. The official also said the pilot will remain grounded till a final decision on the matter is taken by the regulator.

Last week, the DGCA said it was conducting a probe into a matter where a pilot of an Air India flight, operating from Dubai to Delhi, entertained a female friend in the cockpit, on February 27 thus violating DGCA safety norms. The matter came into light after a crew member of the flight lodged a complaint against the pilot-in-command.

Also Read: Jet Airways’ CEO-Designate Sanjiv Kapoor departs grounded airline

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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IPL 2023: MI vs RR – Mumbai Indians hope to get back to winning ways on captain Rohit Sharma’s birthday

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Mumbai Indians (MI) host the in-form Rajasthan Royals (RR) at the Wankhede Stadium in a quest of a much-needed victory on Sunday evening.

Mumbai Indians (MI) take on the Rajasthan Royals (RR) at the Wankhede Stadium in what promises to be a blockbuster clash in the Indian Premier League (IPL) on Sunday evening.

MI have cut a dejected look throughout this season and their latest setback came in the form of a defeat to the Gujarat Titans (GT) on Tuesday. The team has simply struggled to get in the groove and click in all three departments cohesively so far. Jofra Archer is likely to return back to the playing XI for this match and he could replace Jason Behrendorff to partner Riley Meredith and Arjun Tendulkar in the fast bowling unit.

Other than that, there are not many changes that the team can ring in to bring about any notable impact on the field. They will need to rest their trust on the players already part of the playing XI to pull up their socks and fearlessly confront the challenges looming large in front of them at the moment.

Also Read: Happy Birthday Rohit Sharma: Check records and achievements of the Indian team captain

There is a lot of talent brimming in that batting order and Mumbai should be looking to capitalise on the favourable conditions in their home ground to hand an arguably unexpected defeat to the Royals.

RR, on the other hand, come into this game after a morale-boosting victory against the Chennai Super Kings (CSK) in Jaipur on Thursday. Trent Boult will be a definite entrant in the XI if he has recovered from his niggles and that could mean that Australian leggie Adam Zampa might have to sit out despite picking three wickets in the previous game.

Royals can alternatively replace Jason Holder with Boult but that will leave their lower middle-order a tad bit too light though the Caribbean all-rounder hasn’t done anything notable with the bat thus far this season.

Predicted Playing XI

Mumbai Indians: Rohit Sharma (c), Ishan Kishan (wk), Cameron Green, Suryakumar Yadav, Tilak Varma, Tim David, Nehal Wadhera, Arjun Tendulkar, Jofra Archer, Riley Meredith, Piyush Chawla

Impact Player: Kumar Kartikeya

Rajasthan Royals: Yashasvi Jaiswal, Jos Buttler, Sanju Samson (c & wk), Devdutt Padikkal, Shimron Hetmyer, Dhruv Jurel, Jason Holder, Ravichandran Ashwin, Trent Boult, Yuzvendra Chahal, Sandeep Sharma

Impact Player: Kuldip Yadav

Also Read: Nothing like it if you can get Ajinkya Rahane’, MS Dhoni told CSK during IPL 2023 auction

Key Player to Watch

Ishan Kishan (Mumbai Indians)

Ishan Kishan has simply been unable to step up consistently enough this season, having aggregated only 183 runs halfway down the campaign with a strike rate of 129.79. it has been a fairly long run of lean patch for the southpaw and he definitely needs to be doing much more with the bat to justify both the price invested and the trust placed on him by the franchise in the last couple of seasons.

Yashasvi Jaiswal (Rajasthan Royals)

On the contrary, the Royals’ opener Yashasvi Jaiswal has been in red hot form throughout the season. He has demonstrated a wide repertoire of shots both off the front foot and the back foot and he will definitely relish the opportunity of playing at his home ground at Wankhede considering the kind of touch that he is in. One can expect Jaiswal to go all guns blazing yet again on Sunday evening.

Points Table Current Status

Mumbai Indians: Points 6 – L-L-W-W-W

Rajasthan Royals: Points 10 – W-L-L-W-W

Predicted Winning Team

MI do have a tendency to really coming onto their own at Wankhede but RR just appears to be the team that has more of its bases covered at the moment. Trent Boult can really tear apart that opposition top order with some skilful swing in the start as the Royals appear to be the more probable of the two teams to take away the bragging rights of this contest.

Pitch Report

The average first innings batting score in nine T20Is in this ground is 185, which suggests that a high-scoring encounter is on the cards this time around.

Where to Watch

The television audience can watch the match at 7:30 pm on the Star Sports Network whereas the game will be streamed live digitally on the JioCinema application at the same time.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Karnataka Election | BJP to lose control over southern state as Congress headed for clear majority, opinion poll suggests

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

An opinion poll conducted by ABP-CVoter has predicted a clear win for Congress forming government in the southern state. The incumbent government of Bharatiya Janata Party appears to lose big while JD(S) performance could be quite below the mark. 

With the elections just around the corner, political parties are leaving no stone unturned in their bid to woo voters, however, an opinion poll conducted by ABP-CVoter has predicted a clear win for Congress forming government in the southern state. The incumbent government of Bharatiya Janata Party appears to lose big while JD(S) performance could be quite below the mark.

ABP News, in association with CVoter, conducted an opinion poll by interviewing 17,772 voters in Karnataka ahead of the upcoming assembly elections on May 10th. According to the poll, out of the 224 assembly seats in the state, the Congress party is predicted to win between 107 to 119 seats, which is the maximum number of seats for any party. Meanwhile, the ruling BJP is likely to get 74 to 86 seats, and the Janata Dal (Secular) or JD(S) is predicted to get between 23 to 35 seats.

The ruling party BJP is 5 percent behind the Congress in terms of vote share. It is seen projected to get 35 percent vote share while the opposition Congress appears to get 40 percent vote share. The others might get 8 percent vote share.

Also Read: Rahul Gandhi promises Rs one crore to each village panchayat, Rs 5,000 crore for Kalyana Karnataka region

According to a poll, the Karnataka government’s functioning is viewed negatively by a majority of the respondents. The opinion poll showed that only 29 percent of the people surveyed rated the government’s functioning as “good,” while 19 percent found it to be “average.” A whopping 52 percent of the respondents rated the government’s functioning as “bad.”

The poll also highlighted the response from the voters about the performance of the Chief Minister of Karnataka Basavaraj Bommai and Prime Minister Narendra Modi. While CM Bommai performance needs improvement, the positive rating of the Prime Minister’s work presents an opportunity for the ruling party to win the upcoming elections in the state.

As per the poll, 51 percent of the people surveyed rated the Chief Minister’s work as “bad,” while 24 percent found it to be “good.” A total of 25 percent of the respondents rated the Chief Minister’s work as “average.”

On the other hand, the poll highlighted that the Prime Minister of India, Narendra Modi, enjoys significant popularity in Karnataka. The poll shows that 49 percent of the people surveyed rated the Prime Minister’s work as “good,” while 18 percent found it to be “average.” A total of 33 percent of the respondents rated the Prime Minister’s work as “bad.”

In terms of the biggest issue facing Karnataka, the poll highlighted the need for the government to focus on addressing unemployment and improving basic amenities in the state.

As per the poll, 30 percent of the respondents feel that unemployment is the most significant problem. Basic amenities were the second biggest concern with 24 percent of the respondents identifying it as the biggest issue. Education was seen as a major concern by 14 percent of the respondents, while corruption was chosen by 13 percent of the people surveyed. Law and order was seen as a significant issue by only 3 percent of the respondents, with 16 percent of the people surveyed choosing other problems.

The voters of Karnataka believes that preferred Chief Ministerial candidate in the state is Siddaramaiah, with 41 percent of the people surveyed choosing him. Basavaraj Bommai, the current Chief Minister, was chosen by 31 percent of the respondents, while HD Kumaraswamy was chosen by 22 percent. DK Shivakumar and others received only 3 percent of the votes each.

The elections for the 224-member Karnataka Legislative Assembly are scheduled on May 10 and the counting of votes will take place on May 13. The opinion poll ahead of the elections shows an interesting outcome, however, amid the ongoing rallies and promises, it will be even more interesting to see how the results turn out.

Earlier, a pre-poll survey conducted by the Kannada outlet Eedina also predicted win for Congress in the upcoming elections.  It indicated that the opposition appears to be headed for a clear and comfortable majority, which could be Congress’s best performance in the last three decades.

The Karnataka Legislative Assembly elections are scheduled to be held on May 10 and the counting of votes will take place on May 13. As political parties and leaders engage in rallies and make promises to woo voters, the opinion poll and pre-poll surveys have hinted at a change in the state’s regime. However, with the actual results yet to come, it remains to be seen which party will emerge victorious. All eyes are now on Karnataka as it prepares to elect its next government.

Also Read: Karnataka Assembly Election: Election Commission to launch parking app to encourage voting in Bengaluru

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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 5 Minutes Read

Telling The ESG Story: From Strategy to Reporting

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

In a panel discussion moderated by Gautam Srinivasan, business leaders, eminent personalities from the investment community, and the enablement aspect gathered together to share their insights on this.

What has the ESG story been like from strategy to reporting? KPMG Presents The Blueprint ‘Business in The New Normal’ as part of KPMG ESG Conclave 2023. The theme for the event was Thought |Action| Impact.

In a panel discussion moderated by Gautam Srinivasan, business leaders, eminent personalities from the investment community, and the enablement aspect gathered together to share their insights on this. Kalpana Morparia, Independent Director, and Dr. V S Parthasarathy, Independent Director joined to share their business leaders’ perspectives considering their years of experience. Amit Tandon, Founder & MD at IIAS, and Rama Patel, Director at CRISIL shared the investment communities’ views and Sai Venkateshwaran, Partner of KPMG in India provided the solutions outlook for this discussion.

The discussion was on topics like sustainability now moving from a nice-to-have to a must-have agenda in the boardroom. What’s the thinking now in the boardrooms especially when considering sustainability and its importance as a long-term value-creation driver? Sharing her thoughts on this Kalpana said, “Sustainability from a nice-to-have has moved center stage. It’s taken quite a while to get there but I would say it’s absolutely core now, and every board discussion absolutely focuses on this across all of the three dimensions of environment, social impact, and governance.”

How does sustainability work as a long-term value-creation driver? Dr. V. Parthasarathy said, “Firstly, even though it’s a must-have, we have not moved on from integrated reporting to integrated operations. Secondly, our bane in the boardroom is the triple bottom line and because we say triple bottom line, we have created controversy for us. When you put People and Planet along with Profit, guess who wins? The profit always wins because that’s more fungible and more visible. We move away from this concept, and instead have people and the planet as the end and process of profit and process of governance as the other two which come in to enable this. These are the kind of changes we need to create value.”

Speaking of profits, the conversation flowed into what the investor community’s interests are when it comes to ESG issues. Do they really believe that a company that looks at ESG seriously is a great investment prospect in the long term? Sharing his thoughts Amit said, “As far as investors are concerned there’s a very clear realization that ESG impacts each industry differently. Therefore, the big challenge for them is that there’s a huge amount of data out there, but how do you get the comparability? There are certain themes that kind of run through the entire process. First, is there a recognition by investors that the risk-adjusted return for companies that are following ESG processes are going to be a little better than those who have given a short shift to sustainability and stewardship. The second factor is that the systemic risk is lower. By that, I mean that the volatility in terms of performance and, therefore, in terms of the stock performance is significantly lower. To sum up, investors realize both systemic risk and tail risk are lower for companies that kind of adhere to strong ESG principles.”

Is ESG preference going to play a strong role for companies? Sharing her insights, Rama Patel said, “Several studies have been done in terms of what is the long-term sustainable return generation capabilities of ESG-conscious companies compared to their counterparts. Empirically on a long-term basis, there are studies that show that the performance of ESG-conscious companies has outpaced their peers. The concept of ESG is not something new. Yes, the acronym and focus are new. Over the last couple of years, we have seen the kind of supply-side disruptions that things have created for real companies. Investors have seen how it has impacted business performance. So, it would not be a far-reaching statement to say that very clearly sustainable practices are something that would gather focus in terms of what even companies are looking at. We are seeing even the ESG-focused funds growing and I think it is going to continue gathering pace.”

Moving from the strategy to the reporting stage, the discussion flowed into how the reporting landscape is still very fragmented. So how should companies clearly articulate the key ESG work that they are doing? and how should they focus on what do and share and how to clear the path ahead in line with how the enterprise is moving? Sharing his thoughts Mr Sai said, “Companies are embracing ESG reporting and of course, there is the regulatory reporting that’s coming in. But that’s only addressing one little part of it. I think there is a lot that at least the more progressive companies are doing in terms of adopting various global frameworks together with independent assurance and looking at what is relevant in their context to communicate to their investors. However, one key element that we are missing in the Indian context is that companies still haven’t got to an integrated view to look at issues like impact of climate change on financial performance, both in the short and medium term.”

Limited knowledge of ESG issues can be a big challenge. Companies still see ESG as an ancillary rather than a core part of their business function. However, this limited knowledge may just be a boon!

Click on the video to watch the full episode

Note: This is a partnered post

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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IPL 2023: CSK v PBKS – Can Punjab Kings overcome the daunting challenge of beating Chennai at Chepauk?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Both teams come into this game after crushing losses in their previous encounters. CSK hold the edge against Punjab owing as they return to their home turf on Sunday afternoon.

Chennai Super Kings (CSK) will host the Punjab Kings (PBKS) at the MA Chidambaram Stadium on Sunday afternoon as both teams look to recover from their respective losses in the previous game. CSK suffered a crushing defeat to the Rajasthan Royals (RR) in Jaipur on Thursday and they will be edging to get back to winning ways upon returning to their home turf in Chepauk.

There is still uncertainty over English Test skipper Ben Stokes’ return to the setup from his heel injury. The southpaw was expected to return by the end of the month but there is no official regarding the same from either the franchise or the player. CSK isn’t a franchise that rings in too many changes basis just their results and hence they could be heading into this game with an unchanged XI in case Stokes still remains sidelined.

Also Read: ‘Nothing like it if you can get Ajinkya Rahane’, MS Dhoni told CSK during IPL 2023 auction

The only point of arguable contention is middle-order batsman Ambati Rayudu’s form. He has aggregated 83 runs in eight games and there are suggestions that the team should be roping in someone else as an impact player in the forthcoming games. On the other hand, Punjab’s bowlers might need to significantly uplift their confidence from the thrashing they received from the Lucknow batsmen in the previous game.

The Shikhar Dhawan-led side conceded 257 runs and eventually their spirited effort from the bat was not enough to bring them anywhere close to the target. Harpreet Brar could get a look-in the playing XI considering the nature of the track in Chennai whereas Sikandar Raza and Rahul Chahar can team up with him to exploit the conditions if the pitch favours the spinners. Shikhar Dhawan rued not playing an additional spinner after the last game and he could look to address the same in the coming match.

Predicted Playing XI

Chennai Super Kings: Ruturaj Gaikwad, Devon Conway, Ajinkya Rahane, Shivam Dube, Ambati Rayudu, Moeen Ali, Ravindra Jadeja, MS Dhoni, Maheesh Theekshana, Mathisha Pathirana, Tushar Deshpande

Impact Player: Akash Singh

Punjab Kings: Shikhar Dhawan, Prabhsimran Singh, Atharva Taide, Liam Livingstone, Jitesh Sharma (wk), Sam Curran, Sikandar Raza, Shahrukh Khan, Rahul Chahar, Kagiso Rabada, Arshdeep Singh

Impact Player: Harpreet Brar

Also Read: What does Ricky Ponting have to say on dropping Prithvi Shaw from DC’s playing XI?

Key Player to Watch Out

Ruturaj Gaikwad (CSK)

Ruturaj Gaikwad started off the season brilliantly, on an almost flawless note. However, he has been getting into the groove but not converting them into big or match-winning knocks in the last couple of games. He had settled in pretty well during the chase vs RR but failed to capitalise on the momentum thereafter when the onus was on him to see the team through in the second innings. Gaikwad will be looking to get a major score under his belt in the upcoming encounter.

Sam Curran (Punjab Kings)

Sam Curran has scored 143 runs and took six wickets in eight appearances so far this season. He has played some impactful knocks and has been pretty wily with the ball towards the backend of the innings. He emerged as a fan favourite in the couple of seasons he played for CSK in 2020-21 and he will be hoping to put on a show for the same supporters as he takes on the Super Kings in their own backyard in this encounter.

Points Table Current Status

Chennai Super Kings: 10 points – L-W-W-W-L

Punjab Kings: 8 points – L-W-L-W-L

Predicted Winning Team

Chennai might have showed certain weaknesses in their previous game but they are almost unbeatable at home. It will be a tough challenge for Punjab to outclass the MS Dhoni-led team at Chepauk. CSK have been at their destructive best batting first this season and they certainly have the requisite talent and skillsets in their bowling unit to defend the total provided they are sent it to set a target post toss.

Pitch Report

The average first innings batting score in six T20Is in this ground is 150, which suggests that a fair contest between the bat and the ball is on the cards in this game.

Where to Watch

The television audience can watch the match at 3:30 pm on the Star Sports Network whereas the game will be streamed digitally on the JioCinema application at the same time.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Kotak Mahindra Bank Q4: Earnings beat estimates, net profit rises 26%

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The private lender’s net interest income (NII) for the quarter under review came at Rs 6,102.6 crore, a 35 percent jump from Rs 4,521.4 crore in the corresponding period in the preceding year. NII was estimated to come at Rs 5,821 crore.

Kotak Mahindra Bank on Saturday reported a net profit of Rs 3,495.6 crore for the quarter ended March 2023, a 26.3 percent increase from the year ago period. According a poll by CNBC-TV18, the net profit was expected at Rs 2,972.9 crore.

The private lender’s net interest income (NII) for the quarter under review came at Rs 6,102.6 crore, a 35 percent jump from Rs 4,521.4 crore in the corresponding period in the preceding year. NII was estimated to come at Rs 5,821 crore.

The lender’s net interest margin or NIM came at 5.75 percent for the March quarter, and at 5.33 percent for the entire fiscal.

Gross non performing assets or NPA came at 5,768.3 crore, down from Rs 5,994.6 crore in the previous quarter. The gross NPA ratio came at 1.78 percent and net NPA ratio vs 1.9 percent in the previous quarter.

The net NPA came at Rs 1,193.2 crore vs Rs 1,344.8 crore in the preceding quarter. The net NPA ratio came at 0.37 percent against 0.43 percent in the previous quarter.

The bank added 2.2 million customers in the March quarter. Customers as at March 31, 2023 stood at 41.2 million compared to 32.7 million, same time last year.

Also Read: IT Q4 earnings round-up: Midcaps outperform as large-caps see revenue and margin declines

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Should Elon Musk be able to buy Twitter?

Happy Birthday Rohit Sharma: Check records and achievements of the Indian team captain

The Indian team poses for a group photograph in Mumbai before leaving for Ireland for a short tour in 2007. A young Rohit Sharma can be spotted at the back as he looks all set to embark on his debut international assingment. (Image Source: Reuters)
After some inconsistent years from 2007-13, Rohit’s career really caught steam since he was promoted to open the batting in India’s victorious campaign in the ICC Champions Trophy 2013. The dynamic batsman never looked behind after this! (Image Source: Reuters)
Prior to the Champions Trophy, Rohit helped the Mumbai Indians lift their first Indian Premier League (IPL) title after being handed captaincy midway through the season by Australian legend Ricky Ponting. Rohit went on to win five IPL titles for the franchise! (Image Source: Twitter)
Rohit only went from strength to strength thereafter, bringing up his maiden ODI double century in a match against Australia at the M. Chinnaswamy Stadium in Bengaluru in November 2013. He has scored three double centuries in ODIs. (Image Source: Reuters)
Rohit debuted in Test cricket in November 2013 – during Sachin Tendulkar’s farewell series against West Indies. The batsman scored a ton in both games of that series. (Image Source: Reuters)
However, his biggest moment of reckoning came during the ICC ODI World Cup 2019. Though India crashed out in the semi-finals, the player scored five centuries opening the batting for Team India in the tournament. (Image Source: Reuters)
Gradually, Rohit began proving his mettle in the whites as well. He successfully opened the batting and tackled touch seaming conditions to deliver impressive performances including a century in the second innings of the four Test at the Oval. (Image Source: Reuters)
Rohit lifting the Border-Gavaskar Trophy in March this year. This was his first major assignment since taking over the reins of Test captaincy for India. Will he double it up with winning the World Test Championship in June? (Image Source: Reuters)