Jindal Steel and Power Ltd (JSPL) has appointed Hemant Kumar as the Chief Financial Officer (CFO) and key managerial personnel from Tuesday.
Hemant Kumar has been associated with JSPL for more than nine years and is a strategic planner with cross-functional experience of working in close coordination with senior leadership teams in the formulation of business strategy for operating plans and long term plans. Kumar has over 28 years of experience with leading industrial houses like Dalmia Cement, Jindal Saw Ltd, Hero Motors, and Hindustan Petroleum Corporation Ltd.
Hemant Kumar has been instrumental in efficiently managing the treasury functions and largely responsible for handling a wide portfolio of corporate finance functions.
Source- Social Media
Hemant Kumar is an alumnus of Shri Ram College of Commerce besides a fellow member of the Institute of Chartered Accountants of India and an associate member of the Institute of Cost Accountants of India.
JSPL is an industrial powerhouse with a dominant presence in the steel, power, mining, and infrastructure sectors. The company says it is continuously scaling its capacity utilization and efficiencies to capture opportunities for building a self-reliant India.
Uttarakhand Health Secretary Amit Negi has tested positive for COVID-19. The information was provided by RS Uniyal who is the private secretary of health secretary
The secretariat management officer has been informed in this regard. Two other officers working at the State Secretariat along with the Health Secretary Amar Negi have tested positive for COVID-19.
“All three officials have been quarantined and are following the COVID-19 protocols. The offices of all the three officials will be sanitized,” Uniyal added.
Uttar Pradesh Police has issued challans for over 59.17 lakh vehicles with respect to violations of COVID-19 protocols.
“For violation of COVID-19 related protocols, challans have been issued for over 59.17 lakh vehicles so far and 81,000 vehicles have been seized by the police,” Dharmendra Singh, DIG (Law and Order) said at a press conference.
Uttar Pradesh reported 1354 new cases of COVID-19, 1852 discharged cases, and 20 deaths in the last 24 hours. Total discharged cases in the state are 5,41,579. The active cases are 18,382, while the death toll due to the virus is 8103.
According to the Union Ministry for Health and Family Welfare (MoHFW), five states, Uttar Pradesh, Chhattisgarh, West Bengal, Kerala, and Maharashtra account for 56 percent of total active cases of COVID-19 in the country.
Indian Army kills two Pak soldiers along LoC opposite J-K’s Naushera sector
Rajouri (Jammu and Kashmir) [India]: Indian Army killed two Pakistan Army soldiers along the Line of Control (LoC) opposite the Naushera sector in Jammu and Kashmir’s Rajouri district, said sources on Wednesday.
According to sources, the incident happened on Tuesday. “Two Pakistan Army soldiers were killed along LoC opposite Naushera sector by Indian Army while retaliating to ceasefire violation by the Pakistan Army there yesterday.”
On December 13, Vice Chief of Army Staff (CoAS) Lt Gen Satinder Kumar Saini had said that the number of ceasefire violations at the Line of Control (LoC) in Jammu and Kashmir has increased with an escalation in the calibre of artillery used by the other side to target innocent civilians.
Tech giant Google has discontinued manufacturing the Google Home Max smart speaker
Washington [US]: Tech giant Google has discontinued manufacturing the Google Home Max, it’s the company’s smart speaker designed with high-quality sound in mind.
According to The Verge, the company has told the outlet that Google Home Max has sold out of the product on the Google Store. On checking the Google Home Max page on the Google Store, one can see that the white and black models are listed as out of stock. As reported by The Verge, even though Google is discontinuing the Google Home Max, the company still plans to support it with software updates and security fixes.
“Existing Google Home Max users shouldn’t worry as they won’t see any change in their service. We’ll continue to offer software updates and security fixes to Google Home Max devices. We’re committed to delivering great sound and whole-home audio features across all of our Assistant-enabled products,” a Google spokesperson said in a statement.
The Google Home Max launched in December 2017 for USD 399.
Real Madrid manager Zinedine Zidane termed Karim Benzema as the best French striker ever after he scored a brace against Athletic Club in La Liga on Tuesday.
Benzema’s double strike helped Madrid to beat Athletic 3-1, moving them level on points with Real Sociedad and Atletico atop the table. The Frenchman took his tally to 10 goals in all competitions this season – more than any other La Liga player.
“For me yes, in addition to what he does, what he shows, he has been at Real Madrid for a long time. More than 500 games, all the goals, his record. What he has done speaks for itself. For me he is the best, it is very clear,” Goal.com reported Zidane as saying after the match.
“He is a more complete player now than he used to be. He is not a pure No. 9, he doesn’t just think about scoring goals and that’s what I love about him. “He loves to combine with his team-mates and create chances for them but he also knows how to score goals and he does that when the team needs him the most like he did today. That’s what Karim is all about,” he added. Toni Kroos gave Madrid the lead at the Estadio Alfredo Di Stefano where Athletic was reduced to 10 men in just the 13th minute following Raul Garcia’s red card.
But Ander Capa drew the visitors level and Madrid struggled to create clear-cut chances before Benzema delivered late. Zidane admitted Madrid were below their best, feeling his side pushed too hard against 10 men.
“It is true that we suffered. When you play 11 against 10, if you interpret the game well you can have it easier, but it has been the other way around. We were too hasty. When they lose a player, you say, ‘I’m going to score the goal in 15 minutes’. And you have to be patient. After the fourth game in 10 days, there are three points and you have to be very happy,” he said. Madrid will look to extend their four-match winning streak when they visit Eibar on Sunday.
Tech company Amazon has announced the arrival of Live Translation on its Echo devices
Washington [US]: Tech company Amazon has announced the arrival of Live Translation on its Echo devices, enabling users to have a conversation in two different languages in real-time with Alexa serving as a translator.
According to Mashable, the feature is arriving for Echo devices in the US with a total of six language pairs to kick things off, including English and Spanish. To make use of the new feature, users may simply ask Alexa to translate and name the two languages that will be spoken. The AI will automatically detect what language is being spoken by either person and provide the translations. The new feature has been made possible using Amazon’s ARS system, as well as Alexa’s text-to-speech tech and Amazon Translate.
As reported by Mashable, in addition to the support for translating between English and Spanish, the feature also supports Brazilian Portuguese, Italian, German, French, and Hindi. The Echo device, including smart speakers and displays, must have the locale set to ‘English US’ to use the feature.
Traders from Azadpur Mandi say that due to the ongoing farmers’ agitation against the three farm laws, their business has been adversely affected
New Delhi [India]: Traders from Azadpur Mandi, one of the largest wholesale markets for fruits and vegetables in the country, say that due to the ongoing farmers’ agitation against the three farm laws, their business has been adversely affected.
“It is certainly affected. As you know the border is closed. The customers are coming in lesser number than before and so is the supply of goods into the market. There is a lack of supply and also a lack of buyers,” vegetable wholesaler when asked whether the business in the market is affected due to the agitation. Manoharlal, a trader of dates and other consumer goods said, “There is a lack of supply of goods and also lesser numbers of traders are coming here due to fear. There is the problem of goods going out from here due to fear that the borders are closed. Many people who use to come from Uttar Pradesh and Haryana are not coming into the market.”
He said that due to the protest rates of goods sold in the market are not affected and added that it is only the consumption that has gone down.
Prem Kumar Yadav wholesaler of watermelon and other fruits said, “Due to farmers agitation, customers are coming in a lesser number. Our goods go to Punjab and Haryana and now it is reduced to 25 per cent. Our customers have decreased as well.”
Farmers have been protesting from November 26 at the borders of Delhi against Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020, the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020, and the Essential Commodities (Amendment) Act, 2020.
While India walks towards becoming Vocal For Local, people have started exploring the local fashion brands and to be ‘Swadeshi.’
As Manish Malhotra once said, “What works for our Indian crafts is the mix of craftsmanship, culture and a touch of modernity.” Fashion helps us to tell a story, to express our divine art, in creating our own identity, and to represent our society.
It is important in our society since it has the potential to bring different people and cultures together to celebrate its unique individuality. Bringing people from various states together, Maharashtra, Tamil Nadu, Karnataka, and so on by a touch of Indian diverse festivities and culture. The apparel industry bestows our society by allowing us to experiment, to be creative, and to portray our beliefs to the world.
And as the world battles a bizarre crisis, the Indian fashion industry has suffered a stern hit, with orders came to a sudden halt and a disrupt in manufacturing to production, many well-known labels, designers and small brands, hassle to stay afloat. And because many in the Indian fashion industry who employs Indian weavers, craftsmanship, sewing machine operators, embroiders, the Covid-19 crisis has placed their livelihood and skills under threat.
At the same time our Prime Minister, Narendra Modi announced that it is ‘time to become vocal for our local products’ in his nationwide address, urging the nation to wake up and support our innovative business and their talent and make it reach on a global platform.
Amid this uncertain time, when we are also rethinking our shopping habits and giving it a much mindful approach but not just us, even Instagram came out with a ‘Support Small Businesses’ sticker feature stories which have led to the crowd of talented local designers back in the market. While India is building its image as the largest textile producers in the world, it is bringing in the scope for global investors to invest in and explore the Indian textile market, giving another voice to the local fashion brands and to be ‘Swadeshi.’
Made in India, a clear and simple definition of Swadeshi, and India which is blessed with a vast variety of talented designers, labels and brands. The only loss to it is that they go unnoticed by us in the search of well known international brands.
The hyped-up international labels which are heavy on the pocket and for a one time glory on the Instagram while, on the other hand, India’s traditional artisan techniques, strongly driven design inspiration from our rich cultural heritage, high quality along with minimalism, fairly affordable and sustainable homegrown Indian fashion labels earns its rightful place in our shopping carts and wardrobes. Not just that these homegrown fashion labels are unique and remarkable but they are also easily available, pocket friendly and above all highly beneficial for our economy.
The Department of Posts (DoP) and India Post Payments Bank (IPPB) have virtually unveiled a new digital payment app ‘DakPay’
New Delhi [India]: The Department of Posts (DoP) and India Post Payments Bank (IPPB) have virtually unveiled a new digital payment app ‘DakPay’, an official statement said here on Tuesday.
“The App is launched as part of its ongoing efforts to provide Digital Financial inclusion at the last mile across India,” the statement said. DakPay is not just a digital payment app but a suite of digital financial and assisted banking services provided by India Post and India Post Payments Bank (IPPB) through the postal network across the nation to cater to the financial needs of various sections of the society – be it sending money to the loved ones (Domestic Money Transfers – DMT), scan QR code and make payment for services/merchants digitally (Virtual debit card and with UPI), enabling cashless ecosystem through biometrics, providing interoperable banking services to the customers of any bank (AePS) and Utility Bill Payment services.
Announcing the launch of the “DakPay”, Union Minister for Communications, Electronics & IT and Law & Justice, Ravi Shankar Prasad said, “India Post stood the test of times by serving the nation through various postal services digitally and physically during the nationwide lockdown. Launch of DakPay adds up to the legacy of India Post, which is about reaching out to every household.”
He added, “This innovative service will not only give access to banking services and postal products online but also is a unique concept where one can order and avail postal financial services at doorsteps. I strongly believe that this double strength of service offerings in the form of online payments and home delivery of financial services combined with a nationwide network of the postal department will be another big leap towards Prime Minister’s vision of a financially inclusive and an AatmaNirbhar Bharat.”
On the occasion, Pradipta Kumar Bisoi, Secretary (Posts) & Chairman, IPPB Board said, “Dak Pay is truly an Indian solution designed to address the financial needs of every Indian”.
“Our motto is – Every customer is important, every transaction is significant and every deposit is valuable,” said J Venkatramu, MD & CEO, India Post Payments Bank.
